965
COLONIAL SECRETARY'S DEPARTMENT,
No. S. 377.-Returns of the Average Amount of BANK NOTES in Circulation and of Specie in Reserve in Hong Kong, during the month ended 31st October, 1934, as certified by the Managers of the respective Banks:-
BANKS.
AVERAGE AMOUNT.
SPECIE IN RESERVE.
$
Chartered Bank of India, Australia and China
17,670,865
8,300,000*
Hong Kong and Shanghai Banking Corporation...
Mercantile Bank of India, Limited...
141,317,466
132,750,000†
2,033,626 1,350,000$
TOTAL
161,021,957
142,400,000
* In addition Sterling Securities are deposited with the Crown Agents valued at £756,900.
In addition Securities deposited with the Crown Agents and Straits Government valued at
£3,284,000.
In addition Securities deposited with the Crown Agents valued at £190,000.
2nd November, 1934.
D. W. TRATMAN,
Colonial Secretary.
COLONIAL SECRETARY'S DEPARTMENT.
No. S. 378.-The following statement of the securities lodged with the Crown Agents by the Mercantile Bank of India, Limited, against their notes in circulation, is published for general information under Section 5 of the Mercantile Bank Note Issue Ordinance, 1911, (Ordinance No. 65 of 1911):-
Security.
Amount.
Nominal Value.
Price when deposited.
Latest market price.
41% Conversion War Loan
1940, 1944.
£190,000.
2nd November, 1934.
1103-1111
D. W. TRATMAN,
Colonial Secretary.
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