562421-1929-Minutes--No-2 — Page 3

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THE HONG KONG GOVERNMENT GAZETTE, MARCH 8, 1929.

5. It would be possible to keep the Rescue Tug "Kausing" continuously under steam at half an hour's cotice but this would incur an additional expense of approximately $30,000 annually.

The "Hsin Wah", carrying W/T but not in working order, grounded on a clear night on an island on which there was a First Order Light burning brightly. A repetition of this disaster is so improbable that it is not considered that this extra recurrent expenditure would be justified.

7. The Hon. Mr. J. P. BRAGA, pursuant to notice, asked the following questions :-

Will the Hon. the Colonial Treasurer state, under separate heads, the amount of revenue collected by the Treasury on account of stamp duties in con- nection with share transactions in respect of -

(i) Sharebrokers' memos, for cash transactions.

(ii) Sharebrokers' contract notes for forward transactions.

(iii) Instrument of Transfer for the following periods, viz. :--

(1) the year 1924,

(2) first and second half, respectively, of the year 1925,

(3) the year 1926,

(4) the year 1927,

(5) the year 1928, and separately for each mouth, from January

to April inclusive, of last year,

(6) January, 1929.

The Colonial Treasurer replied as follows:-

Separate answers cannot be given to (i) and (ii). No answer can be given to

(iii) as no separate record in respect of this item is kept.

For (i) and (ii) combined the figures are :-

(1) $160,302.

(2) $ 82,792, and $5,876.

(3) $15,923.

(1) $ 11,140.

(5) $ 27,570.

January

.$4,050

February

.$2,880

March

.$4,553

April

.$2,050

(6) $1,670.

MOTIONS.

8. Jurors List for 1929.—The Colonial Secretary moved that the consideration of

the Jurors List be postponed until the end of the public business.

The Attorney General seconded.

Question put and agreed to.

9. Supreme Court Amendment Bill.---The Attorney General addressed the Council and moved the First reading of a Bill intituled "An Ordinance to amend the Supreme Court Ordinance, 1873."

The Colonial Secretary seconded.

Question-put and agreed to.

Bill read a first time.

10. Bankruptcy Amendment Bill.-The Attorney General addressed the Council and moved the First reading of a Bill intituled "An Ordinance to amend the Bankruptcy Ordinance, 1891.”

The Colonial Secretary seconded.

Question-put and agreed to. Bill read a first time.