**Interest in arrears on 31st December, 1926.**
$117,369.42 206,818.64
**31st December, 1927.**
**81st December, 1928.**
321,121.10
**31st December, 1929.**
416,237.93
**31st December, 1930.**
398,641.94
**31st December, 1931.**
307,152.89
**31st December, 1932.**
209,087.15
**31st December, 1933.**
195,714.76
**31st December, 1934.**
178,789.42
**31st December, 1935.**
177,089.42
Total number of Loans issued since 16th November, 1925...302
Less number redeemed in 1926... 34
" 1927... 85
" 1928... 87
" 1929... 29
" 1930... 35
" 1931... 13
" 1932... 11
" 1933... 7
" 1934... 1
" 1935... 0
296
3
299
3
Equity of Redemption purchased 1 in 1929, 2 in 1935
Number of Loans outstanding on 31st December, 1935......
**PUBLIC DEBT.**
19. The inscribed Stock Loans of 1893 and 1906 amounting to £1,485,733 were redeemed on 15th October, 1934, and the whole of the Public Debt of the Colony is now in Hong Kong currency.
The 4% Conversion Loan raised in 1933 amounted to $4,838,000 and the sinking fund established in 1934 amounted at 31st December last to £31,222.4.4.
In July, 1934, a 3¼% Dollar Loan was raised to finance certain public works (see para. 15) and to redeem a portion of the sterling inscribed stock. Bonds to the amount of $14,000,000 were issued at 99% producing $13,860,000. The Loan bears 3¼% interest and is redeemable by drawings at par in each of the twenty-five years commencing in 1935 at the annual rate of one twenty-fifth of such issue. During the year Bonds to the value of $560,000 were redeemed thus reducing this loan to $13,440,000.
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