STATEMENT OF ASSETS AND LIABILITIES ON THE 31ST DECEMBER, 1937.

LIABILITIES.

C.

ASSETS.

$

C.

Deposits :-

Advances :-

Miscellaneous

***

220,148.51

Contractors and Officers Deposits.

447,749.26

Pending Re-imbursements from

34% dollar loan...

10,263,484.30

Insurance Companies

1,563,341.62

Pending Re-imbursements from

proposed new loan

Miscellaneous Deposits

1,339,709.71

Building Loans...

***

Imprest Account

56,783.30

337,922.63

9,420.17

House Service Account

31,007.47

Subsidiary Coin

***

120,625.00

***

Trade Loan Outstanding...

***

295,493.00

Government House & City Development Fund

Suspense Account

84,285.42

839,704.12

Unallocated Stores, (P.W.D.)

Unallocated Stores, (Railway)...

486,938.40

121,552.45

Exchange Adjustment

23,934.73

Note Issue Account :-

Trade Loan Reserve...

338,689.27

Current Account. $ 513,870.42 Fixed Deposit

3,000,000.00

3,513,870.42

Praya East Reclamation

108,280.35

Nickel Coinage Account :-

Current Account. $ 388,517.76

Coal Account

10,404.98

Sterling Investment Account...

1,290,336.81

Crown Agents-Overdraft...

7,026.69

1,678,854.57

Cash Balance :-

Note Security Fund...

3,513,870.42

Accountant-General

1,547,810.91

* Joint Colonial Fund

2,436,302.53

Nickel Coinage Security Fund

1,678,854.57

Fixed Deposits :-

General

...$ 1,050,000.00

Insurance Companies Miscellaneous

1,563,341.62

118,018.07

Total Liabilities

9,902,573.19

Excess of Assets over Liabilities

14,002,278.11

2,731,359.69

TOTAL...

$

23,904,851.30

TOTAL...

$

23,904,851.30

* Joint Colonial Fund £151,000 Os. Od.

Statement of Funded Public Debt or Loans borrowed for Fixed Periods outstanding on the 31st December, 1937, and of the Accumulated Sinking Fund at the same date.

SINKING FUND.

of Debt or Loan.

Designation Legal Authority.

Amount Outstanding.

Nominal Value.

Cost Price.

Market Value.

Amount of Stocks, &c.

£

Hong Kong 4% Conversion Loan.

Ordinance No. 15 of 1933.

4,838,000

British Guiana (1960) 3% Stock. Commonwealth of

J. d.

19,009 9 2

£ 8. d.

18,724 6 4

£ 3. d.

*18,724 6 4

Australia (1950/52) 3½%

"

Funding Loan (1956/61) 2½%

5,000 0 0

12,847 11 3

37

3½%

Hong Kong 3½% Dollar Loan.

Ordinance No. 11 of 1934.

12,320,000

New Zealand (1949/54) Northern Rhodesia (1950/70) 5% Sierra Leone (1954) ...3%

Repayable annually at the rate of 1/25th of the total nominal value $14,000,000 of the bonds issued.

* No quotation.

£56,062 11 4

5,523 19 7

4,792 6 8

11,980 13 1

5,358 5 2

(98) 4,900 0 0

(90) 11,562 16 1

805 13 6

1

11

12,875 17 10

956 4 8

12,734 18 1

£54,546 14 0

(99) 5,468 14 9

(116xD)934 11 8 * 12,734 18 1

£54,325 0 11

TREASURY,

HONG KONG, 23rd February, 1938.

T. BLACK, Accountant-General.

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