Showing posts with label THE CENTRAL BANK OF WESTERN INDIA 1866 ON 9 FEBRUARY 1866. Show all posts
Showing posts with label THE CENTRAL BANK OF WESTERN INDIA 1866 ON 9 FEBRUARY 1866. Show all posts

Tuesday, June 7, 2016

Yuan Hengli Money Shop, 3 diao

SUNDAY, SEPTEMBER 25, 2011

Yuan Hengli Money Shop, 3 diao



Yuan Hengli Money Shop, 3 diao
3 strings (diao) payable in value 10 struck copper coins
This is an unissued exchange note of 元亨利 Yuan Hengli Money Shop.
Top inscription: 歷邑東北鄉李官莊 @ me at    damubn@gmail.com
Printed obviously in the early years of the Republic.
Denomination is given as 3 strings payable in "value 10" struck copper coins at the rate "98". The Inscription in green color given at the bottom of the note says
"Altogether 147 pc. "value 10" coins" (
計銅元壹百四十七枚) what exactly fits to the method of the calculation of the cash coins used in Manchuria (東錢). Other denominations (1 diao and 5 diao) are also known for this money shop, I only saw unissued ones.
This bank opened one or more branches in India during World War II. The Chinese capital was moved to Chungking during the war and the only communication China had to the outside world was through IndiaU.S. troops and equipment came to China through India, and Chinese troops were trained by Americans in India. The Chinese troops there were paid with Indian silver coins so the Chinese government had to have banking facilities inIndia."


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Friday, November 13, 2015

Bank of Japan was founded in Meiji 15 1882 after a Belgian model

 Bank of Japan was founded in Meiji 15 1882 after a Belgian model. It has since been partly privately owned its stock is traded over the counter, hence the stock number. A number of modifications based on other national banks were encompassed within the regulations under which the bank was founded.The institution was given a monopoly on controlling the money supply in 1884, but it would be another 20 years before the previously issued notes were retired.
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Thursday, November 12, 2015

BANK OF WESTERN INDIA

BANK OF WESTERN INDIA which operated during the period of 1842-1845 A.D. which bears a seen depicting town hall region of Bombay with St. Andrews Church.It also has palm tree the castle of Bombay along with few ships entering the Bombay harbor. This is issued for the value of Rs. 5/ and was canceled at several places on the note. The date on the note was May 18th 1844. According to the photo in the catalogue the signature portion of this Indian Note was eaten away by the black ink used on the day of the issue. The Central Bank of Western India was an important issue of the bank note throughout the world because it has a combination of links? with three nations. They are Japan, America and India, because of the high value denomination for which it was issued that is for 25$. This was a period of Turbulence in Japan, the attempts by Western States by many European nations along with America failed to achieve the trade relations with Japan diplomatically.

In 1852 America is decided to open a trade relations with Japan

THE CENTRAL BANK OF WESTERN 
INDIA. 

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banks were given permission to issue dollar certificates called as Yoginken

banks were given permission to issue dollar certificates called as Yoginken
In November 1,200,000 yen of amount was alloted from central fund and 2,600,000 yen ws
alloted in local budget for the redemption of the notes.The paper money issued
during this period was easily forged to increase the inflation.In 1868 the government
establish board of trade and gave permission to certain companies to discount on
paper money at 8 cities and funds were placed in their disposal who issue gold, silver,
dollar and coin certificates. Only Osaka and Kyoto were given permission to issue
fractional curency and which were inconvertible. Seeing the fractional currency was
facing shortage government issued paper money and copper coins. Except one yen in
notes all gold and silver certificates were convertible into their respective metals. In
1872 the ten companies which were given permission to issue discounts and paper
money in ten cities were liquidated with enormous loses but the government being the
originator and guaranteer has to bear the responsibility and claim for the liquidation
amount. In 1875 the government allowed the private notes to be convertible into
government notes and half the amount of the private notes. Under this circumstances the
government has issued loan bonds for the amount of 174,000,000 yen to pay the war lords
and pensioners in exchange for their old government bonds issued earlier.
There were some exceptions granted to second and fifteenth national banks, the above

banks were given permission to issue dollar certificates called as Yoginken for
the amount of 15,000,000 yen in the year of 1877.
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Banknotes of denominations below $5 were not allowed to be issued

Banknotes of denominations below $5 were not allowed to be issued

Banknotes of denominations below $5 
were not allowed to be issued

YOKOHAMA ONLY KNOWN NOTE 

KNOWN IN CIRCULATION

Most banknotes in have been issued by commercial banks rather than by a central bank, as
in other places. Regulation of banknote issue in nineteenth-century Japan
and China was loose. The government accepted payments in banknotes for taxes and fees
only from banks incorporated by Royal Charter or under the Colonial
Regulations. But this did not prevent other banks from issuing notes.
Banknotes of denominations below $5 were not allowed to be issued without special
government permission: the aim was to prevent banknotes getting into the hands of
poorer people, who would suffer more in the event of a bank collapse. Three note-issuing
banks did, in fact, collapse in the nineteenth century: the Agra and Master man’s
Bank and the Commercial Bank Corporation of India and the East during the global
financial crisis of 1866, and the Oriental Bank Corporation — one of the main note-issuers
in 1884.
In 1878 the redemption of paper money has increased national debt, the Japanese
government has sold silver worth of 2,300,000 yen in April, In 1880 the government
against sold 6,600,000 yen of silver to increase the value of paper money but they did
not help at all. The government also prohibited the sale of gold and silver when the
stock exchange took up the devaluation of paper money. A new tax was introduced on sike
a breverage made from rice.
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CHINA BOND USED IN BOMBAY VERY RARE LOCATION

CHINA BOND USED IN BOMBAY VERY RARE LOCATION


 CHINA BOND USED IN BOMBAY VERY

 RARE LOCATION

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印度西部Yokuhama$ 25,1866年央行

印度西部Yokuhama$ 25,1866年央行,布,桑椹,中国的银行支票债券,交通银行,罕见的。中国的纸币,纸币印饶,泰卢固语

印度西部Yokuhama$ 25,1866年央行,布,桑椹,中国的银行支票债券,交通银行,罕见的。中国的纸币,纸币印,musham damodhar饶,泰卢固语telugu@ yandex.com8686211191 http://yokuhama1866.blogspot.in
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BLACK PENNY STRIP OF THREE SEE CAT OF SG OF 1992 CAT IS 3500

BLACK PENNY STRIP OF THREE SEE CAT OF SG OF 1992 CAT IS 3500


BLACK PENNY STRIP OF THREE 
SEE CAT OF SG OF 1992 
CAT IS 3500  POUNDS =5300 US $



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GVi 1940 cover with 1 A stamp

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