222284-1935-Supplementary-Bank-Notes-Circulation-July — Page 1

-

1552

NOTICES.

COLONIAL SECRETARY'S DEPARTMENT.

No. S. 227.-Returns of the Average Amount of BANK NOTES in Circulation and of Specie in Reserve in Hong Kong, during the month ended 31st July, 1935, as certified by the Managers of the respective Banks:-

BANKS.

AVERAGE AMOUNT.

SPECIE IN RESERVE.

$

Chartered Bank of India, Australia and China

Hong Kong and Shanghai Banking Corporation....

Mercantile Bank of India, Limited...

14,309,547

8,300,000*

113,986,530 101,750,000†

1,693,787 1,350,000$

TOTAL

$

129,989,864

111,400,000

* In addition Sterling Securities are deposited with the Crown Agents valued at £762,300.

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.

9th August, 1935.

D. W. TRATMAN,

Colonial Secretary.

COLONIAL SECRETARY'S DEPARTMENT.

No. S. 228. 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.

9th August, 1935.

113-114

D. W. TRATMAN,

Colonial Secretary.