604284-1940-Supplementary-Bank-Notes-Circulation--May — Page 1

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612

NOTICES

COLONIAL SECRETARY'S DEPARTMENT.

No. S. 274.-Returns of the Average Amount of BANK NOTES in Circulation in Hong Kong, during the month ended 31st May, 1940, as certified by the Managers of the respective Banks :-

BANKS.

AVERAGE AMOUNT.

$

Chartered Bank of India, Australia and China

25,700,302

Hongkong and Shanghai Banking Corporation

Mercantile Bank of India, Limited...

5th June, 1940.

TOTAL

:

:

$

195,132,228

4,815,807

225,648,337

R. A. C. North,

Colonial Secretary.

COLONIAL SECRETARY'S DEPARTMENT.

No. S. 275.-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.

5th June, 1940.

99-100

R. A. C. North,

Colonial Secretary.

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