608231-1928-Supplementary-Bank-Notes-Cireulation-January-1928 — Page 1

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In cases (a) and (b) above the Governor must revoke the naturalization rights of the person in question: in the other cases he has a discretion. Provision is made that before making any order the Governor may refer the case for inquiry to a committee to be appointed by hini and to be presided over by a judge of the Supreme Court. In certain cases, including those referred to in (a) and (b) above, the person to be affected will have the right to an inquiry.

2. The other object is to provide that a person natur- alized locally shall automatically lose his local British status if he leaves the Colony and becomes naturalized in some foreign state. This provision is also based on the law relating to imperial naturalization.

J. H. KEMP,

Attorney General,

18th December, 1927.

NOTICES.

COLONIAL SECRETARY'S DEPARTMENT.

No. S. 28.-Returns of the Average Amount of BANK NOTES in Circulation and of Specie in Reserve in Hong Kong, during the month ended 31st January, 1928, as certified by the Managers of the respective Banks :-

BANKS.

AVERAGE AMOUNT.

SPECIE IN RESERVE.

$5

17,690,412

$

5,800,000*

54,847,870

31,000,000†

1,919,842

660,000$

TOTAL

$ 74,458,124

40,460,000

Chartered Bank of India, Australia and China

Hong Kong and Shanghai Banking Corporation...

Mercantile Bank of India, Limited...

* In addition Sterling Securities deposited with the Crown Agents valued at £1,208,300.

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

£3,287,205.

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

No. S. 29. 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

1015-102