14234

(No. 140.) SIR,

58

No. 78.

THE GOVERNOR to THE SECRETARY OF STATE.

(Received 29th April, 1905.)

[Answered by No. 80.]

Government House, Singapore, 6th April, 1905. WITH reference to your despatch, No. 12, of the 14th January, 1904, I have the honour to transmit a copy of the annual audited account of the Commissioners of Currency in respect of the year ending February 28th, 1905.

2. It will be seen that the gross depreciation in the value of the investments amounts to $909,859.82, and that after deducting the $400,000 already paid into the Note Reserve Fund from the general revenue of the Colony and the present value of the Depreciation Fund Investments, $162,278.99, there remains due to the Com- missioners the sum of $347,580.83.

3.

I have already addressed you on this matter in my despatch, No. 27, of the 19th January last,t and shall take no further action till I have received your instructions.

Cont

Nominal Value of Stook

10,000 0

10,000 0 0

59

VALUE OF SECURITIM CALOULATED AT THE LATEST INOWE MARket Rates op January, 1906.

Description.

Market

Prices of January, 1906.

Brokerage.

Not Price.

Net Value of

Stook

Net Value in Dollars,

.

16,000 0 0 West Australia 8 per cent. In-

scribed Stook (1918-85).

851

8,000 0 0

West Australia 5 per cent. In.

864

#851

+861

4. 2. 13,640 0 0

0.

2,587 10 0

scribed Stock (1937).

19,000 0

0

South Australia 3 per cent In-

86

10,380 0 0

scribed Stock (1916 or after)

0

Cape 8 per cent. Consolidated In-

864

854

8,525 0 0

#albed Btook (1938–48).

10,000 0 0

New Zealand 3 per cent. In-

881

8,825 0 0

scribed Stook (1948).

18,000 0

0

Queensland 3 per cent. Inscribed

Brook (1922-47).

851

854

15,346 0 0

Victoria 3 per cent. Consolidated

861

851

8,525 0

0

Inscribed Stook (1939-49),

11,000 0 0

Natal 8 per cent. Consolidated

88

878

9,652 10 Q

Inscribed Stock (1929–19).

10,000 0 0

New South Wales 3 per cent.

86

+851

8,475 0

0

I have, &c.,

JOHN ANDERSON.

Inscribed Stock (1985).

9,971 14 11

India 3 per cans. Inscribed

81

018

8,114 10 2

Stock (1926).

4,864 12 0

Liverpool Corporation a per

79

784

4,224 125

Den Stock (after 1925)."

Average amount of currency notes in circulation during the month

ended February 28th, 1905

Enclosure in No. 78.

No. 397-STATEMENT of the Account of the Commissioners of Currency for the Month ended February 28th, 1905. Circulation.

Whole amount of currency notes in circulation on February 28th,

1905

9,698 11 10

Trinidad 8 per cent. Inscribed

89

884

8,603 1

8

Stook (1999-44).

(+)4,567,998.86

8,000 0 0

Jamaica 8 per cent. Inscribed

964

2,947 10 0

Stook (1919-49).

8,289 8 Ceylon 3 per cent. Inscribed

Book (1940).

98

944

3,097 15 4

1,616 17 8 New South Wales 34 per cent.

99

+984

1,596 18 5

Btook (1994).

0.

1,689

Victoria 34 per cent. Insoribed

961

1961

1,577 11

17,525,305 00

Blook (lia).

20,000 0 0

Cardiff Oorporasion 8 per cent.

88

874

17,580 0 0

Book (1914-54.)

17,525,365 00

8,185 10 11

Croydon Corporation 8 per cent.

88

+ 871

7,138 18 10

- Stonk (1940–60).

10,000 0 0

Canada 8 per eoak. Block (1938)

93

971

9,775 0 0

Coin Portion of the Note Guarantee Fund.

Amount on February 28th, 1905

Average amount during the month ended February 28th, 1905

Total Reserve.

25,000 0

0

Xanalbar Guaranteed

8 per cent.

954

25,387 10 0

11,653,209 85 11,058,209 85

Loan (b16-$1)

5,000 0 0

British Quiena 3 per cent. In-

87

864

1,608 10 0

Boribed Stook (1938–45),

30,000 00

Gold Goods 8 per cent. Inscribed

871

+871

17,450 0 0

Block (1907–51).

In Silver.

In Securities.

17,409 1 5

Newport (Mon.) Corporation &

84

14,574 4 8

par cunt. Stook (1918–65).

15,000 0 0

Liverpool Corporation 3 per cent.

904

C.

188,000 0 0

Consols

By silver in the vault

Silver in the vault advanced from Colonial Funda....

By investments made by the Crown Agents according to the

annexed Statement (a).

By remittance to the Crown Agents for investment...

By investments made in Indiar Government Paper according

to the annexed Statements (b), (c), (d), and (e).

11,253,203 85

40.000 0 0

400,000 00

Book (1943 and after).

***

***

Transvaal 3 per cent, Guaranteed

Stock (1998-59).

8811

4,567,933 36

Nil. 1,704,227 79

4,567,998.86

429,029 17 9

Markol

1905.

By remittance to the Comptroller and Auditor-General,

Calcutta, for investment.

Nil.

11,653,203 85

Total

6,272,161 15

(11,970.90

(0)549,118.00

(d)169,090.27

(4)81,048.69

$17,925,365.00

Les advanced from Colonial Funds

400,000.00

$1,706,387.79

$6,278,161,18

Re 1,468,500

696,900

200,000

100,000

2,465,400

Rs. . .

3 per cent. Indian Government | 86 40 R

Securities of 1896-7,

Bi per omnt. Indian Government

Becurities of 1865,

34 per cent Indian Government

Securities 1849-43.

3 per cent. Indian Government

Securities of 1884-85.

18,087 10 0

0 190,445 0

89,800 0 0

389,637 7T 64 Exchange 14. 114, per

dollar = Rs.

861,961,837 13 0

08150001

96 18 0968

98,150 0 0

9,248,268 + 0 na Ezohange 182% par $100m

1,512,964 29

+ 984

88,

8,846,017 11

684,188 13 0

98.160 901

197,500 0 0

$17,525,365.00

* This sum has bem paid into the Note Guarantee Fund from the General Revenus of the Colony under Section 10 (8) of Ordinance IV of 1899 to cover a portion of the Depreciation of the Securities held by the Commissioners.

Present Value of Securities

---

---

Original Cost of Securities

A

***

Difference against present Value DEPRECIATION FUND IN▼ROTADDITI,

FRED. G. PENNEY,

J. O. ANTHONISZ,

H. MARRIOTT,

Singapore,

Commissioners of Currency.

1st March, 1905.

0.

4

a. d. Connols

-

Examined and found correct,

4th April, 1905.

E. C. HILL, Auditor-General, Straits Settlements.

188,816 68 1,114 34

$134,490 89

18,108

Consola

**

181 18 8

18,238 4

• 1109 not printed.

↑ No. 74.

81104

***

Market Prices of January, 1908.

4

Present Value of Becurities

***

5,349,001 30 6372,161 16

908,850 83

16,005

107 194

14,143 7 7 at Exchange

la, 11jd. par

dollar

108,278 99

Original Cost of Securities

184,430 20

Difference against present Value

110

W

HI

33,161 00

:

PUBLIC RECORD OFFICE

Jufarmct-

TREICON 882

سلسسلسلسا

9

PUBLIC RECORD OFFICE, LONDON

| ALLY WITHOUT PERMISSION OF THE

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