566623-1929-Supplementary-Bank-Notes-Circulation-February — Page 1

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No. S. 84. Returns of the Average Amount of BANK NOTES in Circulation and of Specie in Reserve in Hong Kong, during the month ended 28th February, 1929, as certified by the Managers of the respective Banks:-

BANKS.

AVERAGE AMOUNT.

SPECIE IN RESERVE.

$3

$

17,144,583

6,300,000*

50,881,892

34,000,000†

1,848,024

660,000§

TOTAL

$

69,874,499

40,960,000

Chartered Bank of India, Australia and China.

Hong Kong and Shanghai Banking Corporation...

Mercantile Bank of India, Limited......

* In addition Sterling Securities are deposited with the Crown Agents valued at £1,282,100.

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

£2,990,442.

§ In addition Securities deposited with the Crown Agents valued at £180,000.

No. S. 85.--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.

5% Treasury Bonds repayable

@ 100 in 1930

£180,000

8th March, 1929.

101-1011

W. T. SOUTHORN,

Colonial Secretary.

HARBOUR DEPARTMENT.

No. S. 86.--Tenders are invited for the purchase of 2 "C" Class Mooring Buoys in good condition now lying at Taikoo Dockyard.

Sealed tenders in quintuplicate which should be clearly marked "Tenders for pur- chase of 2 "C" Class Mooring Buoys", will be received at the Colonial Secretary's Office until Noon on Friday, the 22nd March, 1929.

The Government does not bind itself to accept any tender.