308956-1941-Supplementary-Bank-Notes-Circulation-December-1940 — Page 1

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7

COLONIAL SECRETARY'S DEPARTMENT.

No. S. 4.-Returns of the Average Amount of BANK NOTES in Circulation in Hong Kong, during the month ended 31st December, 1940, as certified by the Managers of the respective Banks:-

BANKS.

Chartered Bank of India, Australia and China

Hongkong and Shanghai Banking Corporation

Mercantile Bank of India, Limited...

3rd January, 1941.

:

AVERAGE

AMOUNT.

25,040,528

200,257,228

4,375,403

TOTAL

$

230,273,159

N. L. SMITH,

Colonial Secretary.

COLONIAL SECRETARY'S DEPARTMENT.

No. S. 5.-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.

3% Conversion Loan repayable

1948/1953.

£240,000.

3rd January, 1941.

99-100

N. L. SMITH,

Colonial Secretary.

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