CO129-483 - Others & Individuals - 1923 — Page 178

Statement of Assets and Liabilities on the 31st December, 1922.

LIABILITIES.

ASSETS.

174

HONGKONG SURPLUS FUND (INVESTMENT ACCOUNT).

Stack hold on 1st January, 1920.

6% Local War Loan

Deposits not Available,

957,097.15

Postal Agencios,

Shipping Coutrol Accouut,.

Suspense Account,

1,194.00

Subsidiary Coins,....

35,636.42 Advances,

2,231,204.11 Building Loans,

Imprest,...

1,825,893.47

4% Funding Loan 1960/90

252,082.46

War Loan 5% 1929/47

·

966,700.00

3,497.55

$120,000.00

+

£1,125,000. 0. 0.

4.569.18. 7.

Total

·

•

£1,129,569.18. 7

$120,000.00

House Service Account,

Crown Agents' Deposit Account,

Unallocated Stores, (P.W.D.),

Unallocated Stores, (Railway),

7,715.94

5,689,423.99

482,762,16

at 1.1.20

234,500.02

Coal Account, ......................

43,087.20

Balance,

Total Liabilities, ............ 3.225,131,68

,12,658,642.41

Investment Account,

Balances at Banks,

5,762,496.18*

Crown Agents' Current Account,

603,279.16

22,835.96

Total.........$ 15,883,774.09

•

Invested as follows:-

Nominal Cost of Investment

Less Discount on £1,000,000.

nominal value of stock 4

Funding Loan

Actual Cost of Investment

Less amount realised by Sale

Total,...

$ 15,883,774.09

of 5% War Loan

+ +

Less amount realised by Sale of

£290,000. 4% Funding Loan

+

£ 904,301. 8.11.

5.997.18. 4.

£898,303.10. 7.

3.787. 0.7.

£ 894,516.10. 0.

•

+

Value of Stock.

Hougkong 6% War Loan, 1921-28, ..$120,000,00

Actual Cost.

$120,000.00

Market Value.

$120,000.00

4% Funding Loan, 1960-1990, ..........£835,000, 0s. Od.

£662,991 148. 9jd.

£722,275 0%. Od. (861)

Less Loss by Sale of above Stocks.

198.427. 5. 0.

696,089, 5, 0.

33.097.10. 2

1

Lab17. 19. 8. @ 5/474 = 6.85,098.96.

£ 662,991.14. 9.

£662,991.14.94. 0 28 44d

Add Local Investment

(Dec.1922, Rate) $5,632,496.18

120.000.00

#5,752,496.18