TUESDAY, MAY 10, 1988
16
BUT ALWAYS SUBJECT TO THE GENERAL RULE THAT INTEREST CEASES TO AFTER 36 COMPLETE MONTHS WITHOUT SURRENDER FOR PAYMENT OF TAX.
EXAMPLE:
$1.000 CERTIFICATES JUNE
ACCRUE
1988,
PURCHASED ON MAY 14. 14, 1988 AND JULY 14, 1988 RESPECTIVELY, SURRENDERED IN PAYMENT OF TAX DUE ON AUGUST 13, WILL HAVE INTEREST CALCULATED AS FOLLOWS: -
1988
ON $1,000, MAY 14, 1988 TO AUGUST 13, 1988 THREE COMPLETE MONTHS AT $3.60 PER MONTH
= 810.80
ON $1,000, JUNE 14, 1988 TO AUGUST 13, 1988 TWO COMPLETE MONTHS AT $3.60 PER MONTH
$7.20
ON $1,000, JULY 14, 1988 TO AUGUST 13, 1988 ONE COMPLETE MONTH AT $3.60 PER MONTH
$3.60
$21.60
DRY SPELL CONTINUED IN APRIL
RAIN
ONLY
J
NORMAL AMOUNT FOR APRIL, ITS REPORT FOR THE MONTH ISSUED
THE
TODAY
RAINFALL IN APRIL CONTINUED TO BE BELOW NORMAL. ALTHOUGH WAS RECORDED ON 22 DAYS DURING THE MONTH, THE TOTAL RAINFALL WAS 82,4 MILLIMETRES, 59 PER CENT OF THE ROYAL OBSERVATORY SAID IN (TUESDAY).
CONSEQUENTLY, THE TOTAL RAINFALL
AMOUNT FOR THE
FIRST FOUR
MONTHS THIS YEAR WAS 135.9 MILLIMETRES, COMPARED WITH A AMOUNT OF 263.0 MILLIMETRES.
NORMAL
IT WAS COOLER AND ALSO DRIER THAN USUAL IN APRIL RELATIVE HUMIDITY OF 78 PER CENT, WHICH WAS THE THIRD RECORD FOR APRIL.
WITH
A MEAN LOWEST ON
A MOIST EASTERLY AIRSTREAM PREVAILED ALONG THE COAST FOR THE FIRST THREE DAYS IN APRIL. AS A RESULT, THE HONG KONG WAS CLOUDY TO OVERCAST WITH OCCASIONAL MIST, RAIN DURING THIS PERIOD.
SOUTH CHINA WEATHER IN
FOG OR LIGHT
SLIGHTLY DRIER
IN THE SOUTHEASTERLY
AGAIN.
A WEAK SURGE OF THE NORTHEAST MONSOON BROUGHT AIR TO HONG KONG ON APRIL 4, BUT NO SIGNIFICANT IMPROVEMENT WEATHER OCCURRED WITHIN THE NEXT TWO DAYS. A MOIST AIRSTREAM ON APRIL 6 GAVE RISE TO MISTY AND FOGGY CONDITIONS VISIBILITY AT WAGLAN ISLAND WAS DOWN TO 100 METRES AT TIMES.
EARLY ON
No comments yet.
Private notes are available after approval.