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-able on the distinct understanding that as soon
as the Stock reached the point to be now fixed as laid down above, the Standard should be maintained thereat for subsequent operations.
(d) Stock should be transferred to such projects as are con-
-templated under P. W. Extraordinary for the next year and charged to a Suspense account for those projects until absorbed.
It would be as well if the yearly Estimates differentiated in the budget between Expenditure on Stores and Cash as is done elsewhere and as we understand was the practice former- -ly in the Colony.. Stores required for projects in P. W. E. could then be ordered against a specific head of account and on arrival passed through the Store Books to that head in Suspense. Stores only to the extent of the amount estimated for, and required to be put into works during the particular year, for which they appear on the estimates, could then be ordered
tnus obviating deterioration and loss of interest. Executive Bngineers would then pass on indents for the Stores as they required them, and should be held responsible that Stores not required were duly returned to Stock on completion of work.
Careful estimating and judicious indenting by Executive. Engineers would reduce the amount of Stores so returned which would be taken back to Stock at an agreed rate for depre- -ciation to be definitely laid down say 5% per each year and transferred to Standard Stock, if they are articles such as are kept in Standard Stock, or in the case of their being specialities required for maintenance of any new work
provision should be made in Standard Stock to receive them.
In case this is not possible they should be borne without
charge at the cost of the work and sold, the work receiving
credit for anything realised.
(e) Lists of Stores in excess of requirements of "c" and "d"
should be prepared and the stock, at depreciated values