(4)
45
Public debt outstanding at the
end of 1928
follows:-
£240,000 at 4%
incurred in 1887 (Public Works).
k 200,000
at 32%
£1,799
at 31⁄22%
2-1143,933 at 3=2%
$4,927,000 at 6%
The total amount of sterling debt
outstanding ( at the close of 1928
:
test, the
was £ 1,485,732 ; New Ed.
sinking fund on the same date
ancounted to ₤ 631,050.
The balance of surplus assets
in recent years
follows:-
1893 ( deito)
1894 (to defray
loan conversion costs)
1906 (Loan to Clumise
Prowel Goot for Rail ? Construction) 1927 (Public works)
has been as
31.12.25
$8, 113, 482
(Figs. taken
31.12.26
3,486,290
31.12.2
3,985,761
31.12.28
from Eats. file)
8,091,633 (of which $6,604, 345 represented
(quid assets).