G (1) 4
REGISTRATION OF LETTERS PATENT.
11. The revenue derived from this source amounted to $183.00 as against $159.00 during the previous year. The small increase is due to the fact that although the number of certificates actually granted was less by one than in 1934, the number of applications received during the year was greater.
Year Number of Registration patents Registration fees Search fees Total fees 1935 16 $180.00 $3.00 $183.00 1934 17 $150.00 $9.00 $159.00TOTAL REVENUE AND EXPENDITURE.
12. The following are totals of revenue and expenditure for the department for the years 1934 and 1935 respectively, (including officers in the Junior Clerical Service):-
Year Revenue Expenditure 1935 $98,060.04 $22,117.83 1934 $52,787.18 $24,805.51This shows a net profit of $75,942.21 for the year under review as against $27,981.67 for the year 1934, being a net increase of $47,960.54. This increase is mainly accounted for by the unusually large sum of $29,885.82 transferred to Revenue as unclaimed balances, and by the transfer to Revenue of $19,000 from the Interest and Office Expenses Account. The money to credit in this latter account is derived from interest earned at the Bank: So far as possible, such interest is distributed to creditors at the rate earned, in proportion to their claims, concurrently with the distribution of assets. The balance is transferred periodically to Revenue, retaining in hand a sum sufficient to meet pending claims.
Hong Kong, 5th February, 1936.
W. J. LOCKHART-SMITH,
Official Receiver and Registrar of Trade Marks & Patents.