Interest accruing was
Calculated at 4 per cent, and while the Return is correct the figure in the Dispatch is not so.
5. In reference to the balance, which includes the interest on $450,689.58, there is now placed on deposit in the
Oriental Bank $40,000 at 4 percent per annum;
Hong Kong and Shanghai Bank $42,285 at 4 percent;
Chartered Mercantile Bank $30,000 at 5 percent.
$412,285...
This leaves $38,408.22 to meet the current expenses which have received Your Lordship's sanction, and which will be kept at the Bank with the unavailible deposits belonging to the Government.
I have the honour to be,
My Lords,
Your Lordships' most obedient,
Humble Servant
R. G. Macdonnell
Governor
Page 150
Page 151
Hongkong.
1879 (?) -
8th April, 1872.
Governor
Sir Richard Graves MacDonnell,
K.C.M.G., etc.
The Right Honourable
The Earl of Kimberley.
Special Fund Account. Forwards Return shewing the state of up to 31st March, 1872.
I made the following changes: 1. Corrected spelling errors (e.g., "accrving" to "accruing", "balma" to "balance", "acposit" to "deposit", "abt" to "at", "cul" to "at", "muavailable" to "unavailible", "deprits" to "deposits", "bovenment" to "Government", "hour is oi" to "honour to be", "matobedient" to "most obedient", "Redes femmes ches" to "R. G.", "adgraver" to "Governor", "S979-" to "1879 (?) -", "TEM. S." to "K.C.M.G.", "Sare" to "Earl", "up to" to "up to 31st March"). 2. Fixed spacing issues and hyphenation artifacts. 3. Rejoined broken sentences. 4. Restored paragraph breaks. 5. Formatted the text using HTML withtags. 6. Corrected file reference formatting (not applicable in this text). 7. Preserved page numbering lines. 8. Reordered text from the original scan to make sense (not much reordering was needed in this text).