AnnualReport-1932 — Page 77

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A (2) 6

INVESTMENTS.

SURPLUS FUNDS, $1,682,784.92.

26. The Investments were revalued at the end of the financial year in accordance with the Secretary of State's instructions contained in his Despatch of 8th October 1930.

UNALLOCATED STORES.

KOWLOON-CANTON RAILWAY, $172,827.81.

(Para. 34. 1931 Report).

27. This amount exceeded by $22,327.81 the authorized maximum of $150,000.00.

The Secretary of State's covering approval for the excess has been sought in the Governor's Despatch No. 284 of 16th May 1933.

UNALLOCATED STORES.

PUBLIC WORKS DEPARTMENT, $469,073.88.

(Para. 35. 1931 Report).

28. The value of the Standard Stock authorized by the Secretary of State in his Despatch No. 60 of 25th February 1932 was $550,000.00 as representing six months' supply of stores.

The value of the stock in hand at the end of the year under review was less than this amount by $80,926.12.

The usual statements reconciling the Public Works Department figures with the Treasurer's accounts are forwarded.

COAL ACCOUNT ASSET, $1,966.84.

(Para. 30. 1931 Report).

29. This figure has been reconciled with the Harbour Master's books, and is arrived at as follows:

Actual amount of Coal in stock at the
Government Depot, Yaumati on 31.12.32. 348.364 Tons purchase price $5,020.01
Less amount due to the Contractor 3,053.17
$1,966.84

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A (2) 6 INVESTMENTS. SURPLUS FUNDS, $1,682,784.92. 26. The Investments were revalued at the end of the financial year in accordance with the Secretary of State's instructions contained in his Despatch of 8th October 1930. UNALLOCATED STORES. KOWLOON-CANTON RAILWAY, $172,827.81. (Para. 34. 1931 Report). 27. This amount exceeded by $22,327.81 the authorized maximum of $150,000.00. The Secretary of State's covering approval for the excess has been sought in the Governor's Despatch No. 284 of 16th May 1933. UNALLOCATED STORES. PUBLIC WORKS DEPARTMENT, $469,073.88. (Para. 35. 1931 Report). 28. The value of the Standard Stock authorized by the Secretary of State in his Despatch No. 60 of 25th February 1932 was $550,000.00 as representing six months' supply of stores. The value of the stock in hand at the end of the year under review was less than this amount by $80,926.12. The usual statements reconciling the Public Works Department figures with the Treasurer's accounts are forwarded. COAL ACCOUNT ASSET, $1,966.84. (Para. 30. 1931 Report). 29. This figure has been reconciled with the Harbour Master's books, and is arrived at as follows: Actual amount of Coal in stock at the Government Depot, Yaumati on 31.12.32. 348.364 Tons purchase price $5,020.01 Less amount due to the Contractor 3,053.17 $1,966.84
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A (2) 6 INVESTMENTS. SURPLUS FUNDS, $1,682,784.92. 26. The Investments were revalued at the end of the financial year in accordance with the Secretary of State's instructions contained in his Despatch of 8th October 1930. UNALLOCATED STORES. KOWLOON-CANTON RAILWAY, $172,827.81. (Para. 34. 1931 Report). 27. This amount exceeded by $22,327.81 the authorized maximum of $150,000.00). The Secretary of State's covering approval for the excess has been sought in the Governor's Despatch No. 284 of 16th May 1933. UNALLOCATED STORES. PUBLIC WORKS DEPARTMENT, $469,073.88. (Para. 35. 1931 Report). 28. The value of the Standard Stock authorized by the Secretary of State in his Despatch No. 60 of 25th February 1932 was $550,000.00 as representing six months supply of stores. The value of the stock in hand at the end of the year under review was less than this amount by $80,926.12. The usual statements reconciling the Public Works Depart ment figures with the Treasurer's accounts are forwarded. COAL ACCOUNT ASSET, $1,966.84. (Para. 30. 1931 Report). 29. This figure has been reconciled with the Harbour Master's books, and is arrived at as follows: Actual amount of Coal in stock at the Government Depot, Yaumati on 31.12.32. 348.364 Tons purchase price Less amount due to the Contractor $5,020.01 3.053.17 $1,966.84
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A (2) 6

INVESTMENTS.

SURPLUS FUNDS, $1,682,784.92.

26. The Investments were revalued at the end of the financial year in accordance with the Secretary of State's instructions contained in his Despatch of 8th October 1930.

UNALLOCATED STORES.

KOWLOON-CANTON RAILWAY, $172,827.81.

(Para. 34. 1931 Report).

27. This amount exceeded by $22,327.81 the authorized maximum of $150,000.00).

The Secretary of State's covering approval for the excess has been sought in the Governor's Despatch No. 284 of 16th May 1933.

UNALLOCATED STORES.

PUBLIC WORKS DEPARTMENT, $469,073.88.

(Para. 35. 1931 Report).

28. The value of the Standard Stock authorized by the Secretary of State in his Despatch No. 60 of 25th February 1932 was $550,000.00 as representing six months supply of stores.

The value of the stock in hand at the end of the year under review was less than this amount by $80,926.12.

The usual statements reconciling the Public Works Depart ment figures with the Treasurer's accounts are forwarded.

COAL ACCOUNT ASSET, $1,966.84.

(Para. 30.

1931 Report).

29. This figure has been reconciled with the Harbour Master's books, and is arrived at as follows:

Actual amount of Coal in stock at the

Government Depot, Yaumati on 31.12.32. 348.364 Tons purchase price

Less amount due to the Contractor

$5,020.01

3.053.17

$1,966.84

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