239509-1937-Supplementary-Bank-Notes-Circulation-December-1936 — Page 1

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Colonial Secretary's Department.

No. S. 2.-Returns of the Average Amount of BANK NOTES in Circulation and of Hong Kong Government Certificates of Indebtedness in Hong Kong, during the month ended 31st December, 1936, as certified by the Managers of the respective Banks:-

BANKS.

GOVERNMENT CERTIFICATES OF INDEBTEDNESS.

Chartered Bank of India, Australia and China

flongkong and Shanghai Banking Corporation

Mercantile Bank of India, Limited...

AVERAGE AMOUNT.

$

22,756,888

$ 8,300,000.00*

124,863,771 118,235,834.85†

4,091,508 2,769,500.00$

TOTAL

$

151,712,167 129,305,334.85

* In addition Sterling Securities are deposited with the Crown Agents valued at £836,972.

In addition Securities deposited with the Crown Agents and Straits Government valued at

£3,190,500.

In addition Securities deposited with the Crown Agents valued at £190,000.

8th January, 1937.

N. L. SMITH,

Colonial Secretary.

COLONIAL SECRETARY'S Department,

No. 8. 3. 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.

8th January, 1937.

109-1104

N. L. SMITH,

Colonial Secretary.