'ANNUAL REPORT OF THE ADMINISTRATION OF THE BOMBAY PRESIDENCY, FOR THE YEAR 1908-1909' [‎126v] (114/132)

80
BOMBAY ADMINISTRATION REPORT.
Chap. V.
TINANTCIAL
REVIEW.
Coins withdrawn.
Exchange of small
silver.
Gold coin and
bullion.
Silver bullion.
Agencies.
Lost and mutilated
notes.
Frauds.
Bemittauces.
Circulation.
Coins withdrawn
from circulation.
Small silver coin.
Cold coin.
lost and mutilated
notes.
Frauds.
Remittances.
\
908-100^
2. Shroff-marked and uncnrrenfc rupees Indian silver coin also widely used in the Persian Gulf. and rupees Indian silver coin also widely used in the Persian Gulf. of 183 j and 1840 mintao’e
in all 4 ! lakhs One lakh is equal to one hundred thousand rupees were withdrawn from circulation during* the year. The total number n* 1 '^
weight silver coins cut and paid for was 86,965; of those cut and rejected 2 681 ^
counterfeit coins 3,008. ' ' ari( l of
3. Eeceipts of small silver increased by Ks. 87,784 while issues showed a fall c f 31
4 . No sovereigns were received from importers of gold. Sovereigns received fr
public amounted to Es. 1,49,77,792, and issues to Rs. 1,25,84,332, deducting R g#
taken for export. The net receipts were therefore Es. 23,93,460, against net ^
Es. 1,19,53,350 during 1907-1908. les °i
5 . No silver was purchased for coinage into rupees Indian silver coin also widely used in the Persian Gulf. during the year under review
6 . Five new agencies were established during the year and 3 closed. At the end of
year there were 22 agencies, including the permanent chest at bUgpur, holding bairns •
coin and notes of Es. 1,40,53,500. aU ° es *
7. Two hundred and nine whole notes and 417 half notes were lost or mutilated. Of fi
latter, 330 were lost in the post. The total of 628 was 290 in excess of the previous ye a ’
figure. Is r o loss was incurred on account cf payments made for such notes. ^ rs
8 . A prosecution for attempted fraud which was pending at the end of the previous y
resulted in conviction. Two cases of attempted fraud were detected. Neither had been 4
posed of at the close of the year, hut in one a prosecution was instituted. One new
appeared, and 8 forged notes were sent to the Currency Office for disposal during the year b ^
9. Eemittances of gold and silver coin and bullion from Bombay to other centres a a>cm.
gated Es. 2,88,17,500 and from other centres to Bombay Es. 5,01,47,978.
II.-— Karachi Circle.
1. The number of notes in circulation decreased by 1,802, but the value amountino* to
Es. 2,40,13,840 showed an increase of Rs. 53,45 ; 555, owing to the large number of Rs. 10 000
notes brought into circulation by the system of telegraphic transfers. The value of notes
outstanding on the 31st December 1908 was Rs. 2,34,32,365 against Rs. 1,35,22,220 on the
same date of the previous year. Encashments of foreign circle notes aggregated Rs. 1,02,70 245
the decrease of Rs. 41,99,890 being due to slackness of trade.
2 . Coin withdrawn as uncurrent amounted to Rs. 35,737. Light-weight coins amount
ing to Rs. 2,556 were cut and exchanged with the Karachi Treasury. Rs. 552 in reduced
coins were cut and returned.
3. Receipts of small silver rose from Rs. 7,266 to Rs. 28,012 and issues fell from
Rs. 2,83,348 to Es. 80,338, the latter decrease reflecting slackness of trade.
4. Infold coin Rs. 13,79,160 were received from the public and Es. 10,20,225 issued,,
chiefly to native merchants for making ornaments. The receipts showed an increase of 7f lakhs One lakh is equal to one hundred thousand rupees
and the issues a decrease of 13 lakhs One lakh is equal to one hundred thousand rupees .
5. Seventy-seven half notes were lost or mutilated, of which 42 were lost in the post.
6 . No fraud or forgery was detected during the year.
7. Eemittances received from Bombay and from other currency chests amounted to
Es. 15,35,000 in silver and Rs. 3,07,500 in gold. Remittances of silver from Karachi totalled
Es. 22,70,600 and of gold Rs. 15,00,000.
4. land Eevenue-
The total actual demand, excluding suspensions, amounted to Rs. 4,24,47,899, an increase
of Es. 48,75,/ 25 over the corresponding figures of the previous year. The collections amount
ing to Rs. 4,00,85,707 showed an increase of Es. 54,17,933. The demand was larger in every
district except the 6 districts of the Southern Division, Satara and Thar and Parkar, the’
increase being 27 lakhs One lakh is equal to one hundred thousand rupees in the Northern Division, 20’5 lakhs One lakh is equal to one hundred thousand rupees in the Cential Division and K' 8
lakhs One lakh is equal to one hundred thousand rupees in Sind, while in the Southern Division the decrease was 14*6 lakhs One lakh is equal to one hundred thousand rupees . The collections
improved by 28 9 Mkhs in the Northern Division, 22’8 l£khs in the Central Division and
Mkhs m Sind, falling behind the demand by 4*4, 10'9 and 5*2 lakhs One lakh is equal to one hundred thousand rupees respectively, hi the
Southern Division collections declined by 18 Mkhs and fell short of the demand by 3 lakhs One lakh is equal to one hundred thousand rupees .
he total aiieais amounted to 23'6 la.khs against 29 htkhs in the nrevious year. The laiges'
arrears were in Poona (3’9 lakhs One lakh is equal to one hundred thousand rupees ), Ahmednagar (3-1 Mkhs), Kaira (2*2 lakhs One lakh is equal to one hundred thousand rupees ) and Karachi
(2 Mkhs). v
5. Irrigation Bevenne.
< The revenue credited to this head falls under two categories ( 1 ) the direct receipt ^
Irrigation Department and ( 2 ) the irrigation share of the land revenue assessed with refere^
to tne supply 01 water from canals, tanks, dams and other sources created or maintained gy