CO129-511-11 Estimates- 1929 21-9-1928 - 14-11-1928 — Page 2

1.0.A.S. 447

Bell &

Spares to Library Fwds. Copy Bu

27.9.28.2

craft Estimate

The comparative figures for the last few

years are as

1925

follows: Rev. $ 23,244,365

Exp. 28,238,432

-

Bal ance 4,994,067

7

1926

21,131,589

23,524,716

2,393,127

1927

21,344,537

20,845,063 + 499.474

1928 Appd.

20,103,390

22,183,045 2,079,655

Est. Revd. 22,674,410 Est. 1929 Est.

21,672,500 + 1,001,910

22,278,600

24,799,650 - 2,521,050

Balance of Assets

31.12.25

8,113,482

(1)

31.12.26

3,486,290

31.12.27

31.12.28 Est.

3,985,761

4,987,671 (approx. $3,000,000

liquid)

(2)

31.12.29 Est.

3,840,979 (

TO

$2,000,000)

(1) after deducting (1) deficit 1926

and (2) Exchange Fluctuation A/c $2,234,058

(2) As follows:-

Surplus 31.12.28 $4,987,671

Add repayment from loan funds

1,963,358

$6,951,029

less deficit 1929

$ 2,521,050

less Advances to loan

works - (1928 444,000

do.

(1929) 145,000-

0003,110,050

€3,840,979.