AnnualReport-1930

A (1) 7

The Surplus Fund $1,715,849 was invested as follows:-

AMOUNT OF STOCK, &C. NOMINAL VALUE. COST PRICE. MARKET PRICE. STERLING INVESTMENT. Queensland, (1940-60) 5% £7,600.00 £5,616.7.0 (80) £6,080.0.0 Natal, (1929-49) 3% Stock. Newcastle Corporation, (1945-55) 4% £20,000.0.0 £29,009.16.10 £50,972.9.0 £19,200.0.0 (98) £28,719.14.11 (764) £50,993.9.11 (102) £19,600.0.0 £22,192.10.7 £51,991.18.5 £99,864.9.0 Treasury Bond, (1932-34) 4% £107,582.6.8 £104,559.11.10

ADVANCE ON ACCOUNT OF FUTURE LOAN.

This money has been expended as under:—

Shing Mun Valley Scheme $73,058 Aberdeen Valley Scheme $1,244,261 Aerodrome $623,067 $1,940,386

During the year the Unallocated stores held by the various departments increased as under:

1929. 1930. Public Works Department $546,580 $688,391 Railway $151,753 $560,596 $560,596 Net Increase $127,795

SUBSIDIARY COINS.

The amount shown in the statement was made up as under:

50 cents $3 20 $91 10 " 5 Copper $3,924 $131,246 $1,630,135 $20,018 $8,355 $1,793,678

The nominal amount of Subsidiary Coin in circulation was $17,914,370 and the market value was practically par.