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1933. There is no cause for satisfaction in an increasing ac- cumulation of idle deposits and it is hoped that trade conditions will improve in the forthcoming year and avenues be opened. for the profitable employment of the ample capital available in the Colony.
30. Mention was made in the last report of the two National Cash Registers placed in the Treasury. Towards the end of the year a third was purchased and has been used since January 1934 in emergencies and at rush periods. During the year 222,256 receipts were issued from the two registers of which 99,974 were for rates, 84,441 for water accounts and the balance for Crown Rents and Miscellaneous receipts. The receipts cover- ed a total of $12,903,884 paid in.
31. An addressograph, including a graphotype, was installed during the year. By means of this equipment, it is possible. to print the valuation book and to use the same plates for the purpose of printing rates notices (demand notes), a great saving in time and labour and in addition a ready index to the owners' addresses.
The Treasury,
EDWIN TAYLOR,
Treasurer.
Hong Kong, 30th April, 1934.
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