A (1) 17

16. The balance of moneys not required to meet current requirements was lent to the Joint Colonial Fund which amounted to £231,500 and is shown in the above statement as $3,486,118. This fund is replenished by remittances from the Treasury and is drawn on from time to time as required by the Crown Agents.

17. The cash balance of $4,340,066 with the Treasurer in- cluded $847,056 held by the Official Receiver on account of Com- panies Liquidation and Bankruptcy. This latter figure also forms part of the sum of $3,828,593 shewn under Miscellaneous Deposits as a liability.

18. The Surplus Fund $1,682,785 represents the market value of the stocks as at 31st December 1932 and was invested as follows:-

AMOUNT OF STOCK, &C.

NOMINAL VALUE.

COST PRICE.

MARKET VALUE.

STERLING INVESTMENTS.

- India, (1936-38)

Kenya. (1950).

Natal, (1929-49)

(1945-55)...

Newcastle Corporation,

New Zealand, (1932-34)...5 % Bonds. Queensland, (1940-60) ...5 % Stock. Union of South Africa,

.51% Stock.

..41%

11

.3 %

£ 17,046.15.10 5,000. 0. 0 7,600. 0. 0

£17,482. 8. 3 (107)£18,325. 6. 0

4.734.17. 1 (107)

5.350. 0.0

5,646. 7. 0 (92)

6,992. 0. 0

.41%

(1933-43)....

.5 %

19

10,000. 0. 0 20 000. 0. 0 29,009.16.10

20,000. 0. 0

9,600. 0. 0(106) 19,769. 7. 0 (102) 28,719.14.11 (103)

10,600. 0. 0

20.400. 0. 0 29,880. 2. 9

20,000.18.0 (101)

20.200. 0.0

£ 108,656,12. 8 £105,953.12. 3

£ 111,747. 8. 9

ADVANCES.

19. On account of Future Loan.

This money has been expended as under :-

Aberdeen Water Scheme

Aerodrome

New Gaol at Wong Ma Kok

$2,274,470.32

370,229.21

46,579.78

Shing Mun Valley Scheme 1st Section

570,380.37

Shing Mun Valley Scheme 2nd Section :-

Preliminary Works

36,642.45

Filters

120,045.23

Gorge Dam

Vehicular Ferry

85,597.93 1,416,419.56

$4,920,364.85

36

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