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savings on other Sub-Heads, has been given as required by
Rule 47 of the Colonial Audit Regulations 1893.
The Expenditure includes an overpayment of $6.77 which
was recovered in July 1899.
4.
Assets and Liabilities.
The Statement of Assets and Liabilities, as render-
ed by the Acting Treasurer, shows an excess of Assets over
Liabilities on 31st December 1898 of $213,358 39 as compared
with an excess of Liabilities over Assets of $2,557.92 at te
the close of the year 1897.
The unexpended balance of the 1893 Loan on the 31st
December 1898 was,
as shown on the Statement of Assets and
Liabilities, $123,334 14.
5.
Local Audit.
The examination of the Revenue and certain other
Accounts was conducted under my direction by the officers
of my Department stationed in the Colony with, on the whole,
satisfactory results.
The Local Auditor has reported from time to time that
he has drawn, the attention of the Colonial Authorities to
(3)
the