AnnualReport-1928 — Page 45

Administrative Reports 行政報告書 All AI Reviewed

7. The following table shows the Revenue and Expenditure during the last five years:-

1924 1925 1926 1927 1928 Revenue $24,209,640 $23,244,365 $21,131,582 $21,344,536 $24,968,399 Expenditure $26,726,428 $28,266,817 $23,524,716 $20,845,065 $21,230,242 Surplus $499,471 $3,738,157 Deficit $2,516,788 $5,022,452 $2,393,134

PUBLIC DEBT.

8. The Inscribed Stock Loans of 1893 and 1906 amounted to £1,485,733 and the Sinking Fund stood at £631,051 being £43,846 more than the amount at credit of that fund at the end of 1927.

The Public Works Loan (Ordinance No. 14 of 1927) amounted to $4,927,000. The first part of this Loan was issued locally at par on November 1st, 1927, and Bonds were allotted to the value of $3,000,000. The second part was issued on November 1st, 1928, at a premium of 3 per cent—Bonds to the nominal value of $1,927,000 being allotted. The Sinking Fund amounted to £20,666.

GENERAL REMARKS.

9. The total receipts and payments in the Treasury books during the year were $52,430,121 and $51,684,457 respectively. The figures not accounted for under revenue and expenditure relate to transactions under various heads such as Deposits, Advance, Subsidiary Coin, Unallocated Stores, etc.

10. Subsidiary Coins in stock on 31st December, were as follows:-

20 cents $17,610 10 cents $1,834,079 5 cents $20,056 Copper $273,419 $2,145,164

The nominal amount of coins in circulation was $17,914,370 and the market value stood practically at par.

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7. The following table shows the Revenue and Expenditure during the last five years:- 1924 1925 1926 1927 1928 Revenue $24,209,640 $23,244,365 $21,131,582 $21,344,536 $24,968,399 Expenditure $26,726,428 $28,266,817 $23,524,716 $20,845,065 $21,230,242 Surplus $499,471 $3,738,157 Deficit $2,516,788 $5,022,452 $2,393,134 PUBLIC DEBT. 8. The Inscribed Stock Loans of 1893 and 1906 amounted to £1,485,733 and the Sinking Fund stood at £631,051 being £43,846 more than the amount at credit of that fund at the end of 1927. The Public Works Loan (Ordinance No. 14 of 1927) amounted to $4,927,000. The first part of this Loan was issued locally at par on November 1st, 1927, and Bonds were allotted to the value of $3,000,000. The second part was issued on November 1st, 1928, at a premium of 3 per cent—Bonds to the nominal value of $1,927,000 being allotted. The Sinking Fund amounted to £20,666. GENERAL REMARKS. 9. The total receipts and payments in the Treasury books during the year were $52,430,121 and $51,684,457 respectively. The figures not accounted for under revenue and expenditure relate to transactions under various heads such as Deposits, Advance, Subsidiary Coin, Unallocated Stores, etc. 10. Subsidiary Coins in stock on 31st December, were as follows:- 20 cents $17,610 10 cents $1,834,079 5 cents $20,056 Copper $273,419 $2,145,164 The nominal amount of coins in circulation was $17,914,370 and the market value stood practically at par. Page 45 Page 46

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- A (1) 5- 7. The following table shows the Revenue and Expenditure during the last five years:- 1924 $ 1925 1926 1927 1928 $3 $ $ $ Revenue ..24,209,640 23,244,365 21,131,582 21,344,536 24,968,399 Expendi- ture ......26,726,428 28,266,817 23,524,716 20,845,065 21,230,242 Surplus.. Deficit..... 2,516,788 5,022,452 2,393,134 PUBLIC DEBT. 499,471 3,738,157 8. The Inscribed Stock Loans of 1893 and 1906 amounted to £1,485,733 and the Sinking Fund stood at £631,051 being £43,846 more than the amount at credit of that fund at the end of 1927. The Public Works Loan (Ordinance No. 14 of 1927) amounted to $4,927,000. The first part of this Loan was issued locally at par on November 1st, 1927, and Bonds were allotted to the value of $3,000,000. The second part was issued on November 1st, 1928, at a premium of 3 per cent-Bonds to the nominal value of $1,927,000 being allotted. The Sinking Fund amounted to £20,666. GENERAL REMARKS. 9. The total receipts and payments in the Treasury books during the year were $52,430,121 and $51,684,457 respectively. The figures not accounted for under revenue and expenditure relate to transactions under various heads such as Deposits, Advance, Subsidiary Coin, Unallocated Stores, etc. 10. Subsidiary Coins in stock on 31st December, were as follows:- 20 cents + 10 5 17 $ 17,610 1,834,079 Copper 273,419 20,056 $2,145,164 The nominal amount of coins in circulation was $17,914,370 and the market value stood practically at par. Page 45Page 46

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- A (1) 5-

7. The following table shows the Revenue and Expenditure during the last five years:-

1924 $

1925

1926

1927

1928

Revenue ..24,209,640 23,244,365 21,131,582 21,344,536 24,968,399

Expendi-

ture ......26,726,428 28,266,817 23,524,716 20,845,065 21,230,242

Surplus..

Deficit..... 2,516,788 5,022,452 2,393,134

PUBLIC DEBT.

499,471 3,738,157

8. The Inscribed Stock Loans of 1893 and 1906 amounted to £1,485,733 and the Sinking Fund stood at £631,051 being £43,846 more than the amount at credit of that fund at the end of 1927.

The Public Works Loan (Ordinance No. 14 of 1927) amounted to $4,927,000. The first part of this Loan was issued locally at par on November 1st, 1927, and Bonds were allotted to the value of $3,000,000. The second part was issued on November 1st, 1928, at a premium of 3 per cent-Bonds to the nominal value of $1,927,000 being allotted. The Sinking Fund amounted to £20,666.

GENERAL REMARKS.

10. Subsidiary Coins in stock on 31st December, were as follows:-

20 cents

$ 17,610 1,834,079

Copper

273,419

20,056

$2,145,164

The nominal amount of coins in circulation was $17,914,370 and the market value stood practically at par.

AnnualReport-1928 — Page 45

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