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)
.41% ...3 %
""
Newcastle Corporation,
(1945-55)
.4%
5,000. 0. 0 7,600. 0. 0
.51% Stock. | £ 17,046,15.10 | £ 17,482. 8. 3 (107)£18,325. 6. 0
4.734.17. 1 (107) 5,646. 7. 0 (92)
5.350. 0. 0 6,992. 0.0
New Zealand, (1932-34)...5 % Bonds. Queensland, (1940-60) ...5 % Stock. Union of South Africa,
(1933-43)...
.5%
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. () 29,880. 2. 9
19
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
Shing Mun Valley Scheme 1st Section
$2,274,470.32
370,229.21
46,579.78
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
429