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 included $847,056 held by the Official Receiver on account of Companies Liquidation and Bankruptcy. This latter figure also forms part of the sum of $3,828,593 shown 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) 4.43% Stock. £5,000. 0. 0 £7,600. 0. 0 £5,350. 0. 0 Kenya. (1950).. .54% Stock. £17,046.15.10 £17,482. 8. 3 (107) £18,325. 6. 0 Natal, (1929-49). £4,734.17. 1 (107) Newcastle Corporation, (1945-55) £5,646. 7.0 (92) £6,992. 0. 0 New Zealand, (1932-14)...5 % Bonds. £10,000. 0. 0 £20,000. 0. 0 £19,769. 7, 0(102) Queensland, (1940-60)...5 % Stock. £20,000. 0. 0 £20,000.18. 0(101) £20,200. 0.0 Union of South Africa, (1933-43)... .5 % £29,009.16.10 £28,719.14.11 (103) £29,880. 2. 9 £108,656.12. 8 £105,953.12, 3 £111,747. 8. 9ADVANCES.
19. On account of Future Loan.
This money has been expended as under:
Aberdeen Water Scheme $2,274,470.32 Aerodrome $370,229.21 New Gaol at Wong Ma Kok $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 $85,597.93 Vehicular Ferry $1,416,419.56 $4,920,364.85