account of those sections,
but that the expenditure on account of private Lot-holders
Sections 4, 5 & 6 was
on 30th Sept last about
$160,000 less than the
first instalments. Therefore
there will apparently
only be about $160,
upon which Interest
need now be credited
to the Lot-holders.
I gather from the returns
of balances accompanying
your despatch
No. 229 of 4.
that the amount
of money left on deposit in the local
Banks, after the recent withdrawal of $500,
by the C. Agents
will be about $160,000,
I infer that Interest on this
moderate amount will, doubtless,
be earned in
the Colony, whatever
6. I should be glad to
be favoured with a
Balance
Sheet showing how this
Praya Fund Account
now stands. The
last statement related
to Expenditure, & not to receipts.