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FRIDAY, APRIL 1, 1977
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GOVERNMENT ACCOUNTS FOR JANUARY
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THE GOVERNMENT ACCOUNTS FOR THE MONTH OF ANUARY SHOW A SURPLUS OF $525 MILLION AS COMPARED WITH A SURPLUS OF $461 MILLION IN JANUARY LAST YEAR.
THIS HAS RESULTED IN AN ACCUMULATED SURPLUS OF $586 MILLION FOR THE FIRST TEN MONTHS OF THE FINANCIAL YEAR, COMPARED WITH A SURPLUS OF $424 MILLION FOR THE SAME PERIOD LAST YEAR.
GROSS EXPENDITURE AT $573 MILLION WAS $42 MILLION MORE THAN IN JANUARY 1976.
TOTAL REVENUE AND RECEIPTS AT $1,097 MILLION WAS $105 MILLION MORE THAN THE SAME MONTH LAST YEAR, DUE MAINLY TO INCREASED RECEIPTS FROM DUTIES, INTERNAL REVENUE, VEHICLE TAXES AND LAND SALES.
H.K. SEA SCHOOL CADETS RECEIVE CERTIFICATES
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THE DIRECTOR OF FIRE SERVICES, MR. FRED WATSON, TODAY PRESENTED CERTIFICATES TO FIVE HONG KONG SEA SCHOOL CADETS WHO HAVE COMPLETED THEIR TRAINING.
SPEAKING AT THE PASSING-OUT PARADE HELD AT THE SCHOOL PLAYGROUND, THE DIRECTOR TOLD THE CADETS THAT ALL THE SPLENDID TRAINING THEY RECEIVED, THE DISCIPLINE AND SENSE OF DUTY WHICH WERE INSTILLED TOGETHER WITH PRIDE OF APPEARANCE AND GOOD ATTITUDES TO OTHERS, WERE DESIGNED TO PREPARE THEM IN THE FINEST WAY FOR TAKING A RESPONSIBLE PLACE IN THE ADULT WORLD.
TO THOSE WHO ARE LEAVING THE SCHOOL TO SET OUT ON A CAREER WITH THE MERCHANT NAVY, MR. WATSON SAID THEY SHOULD NEVER FORGET THEIR LIFE AND TRAINING AT STANLEY AND ALWAYS ENDEAVOUR TO LIVE BY THE CODES THEY HAD BEEN TAUGHT.
TWO OLD BOYS OF THE SCHOOL WHO ARE NOW WORKING IN THE FIRE SERVICES DEPARTMENT WERE AMONG THE GUESTS AT TODAY'S PARADE.
AFTER THE CEREMONY, THE DIRECTOR AND THE OTHER VISITORS WERE TAKEN ON A TOUR OF THE SCHOOL AND SAW THE BOYS IN VARIOUS TRAINING SESSIONS.
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