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No. S. 173.--It is notified for information that the following tenders have been accepted:-
G. N. No. S. 137.-Messrs. Ah Cheong $40,186.50 for (4) West Section :-Lin
Ma Hang to No. 11 Boundary Stone.
Messrs. Pang Loong $35,820.00 for (B) East Section: No. 11 Boundary Stone to Sha Tau Kok including all earth- works, bridging, walling, drainage with any other con- tingent work.
No. S. 174.-Returns of the Average Amount of BANK NOTES in Circulation and of Specie in Reserve in Hong Kong, during the month ended 31st May, 1929, as certified by the Managers of the respective Banks:-
BANKS.
AVERAGE AMOUNT.
SPECIE IN RESERVE.
$
15,656,146
6,300,000*
48,081,935
34,000,000+
1,734,713
660,000$
TOTAL
$
65,472,794 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 £1,265,600.
† 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. 175. 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
7th June, 1929.
992-100
D. W. TRATMAN,
Colonial Secretary.
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