Sta toment of Accounts for the Year 1935
'The counts of the Sailors' Home: Toast, audited and found correct hi the honorary antditore, Messr2. Lov Pinghan snd. Matthews, tave Now been tested for the year ended Decem. ber 31, 1038.
As In previous years the income of the Trust has been allotted to the Missions to Seamen in Shanchal rant in ald of tke work which that institution docs locally for the seafaring community. The income for the past year amounted to $4.050.31 fof which $4.640.74 was received from. {interest on Investments and $9.00 fron interest on the hank current account The sum of $2549 82 was brought for ward for undistributed Inenme on De. tember 31, 1934, to mako the total of $7208.85 available for payment to tke Missions to Seamen. Of this sum $254982 was pald on March 7, and a further sum of $2300 was pald July 19, There was, therefore, balance of income in hand on Decem: ber 31 last amounting t0 $2,350.34.
Trust's Investments During the post year the re-Invest ment. of the capital of tke Trust wa completed by the purchase of $1,000 Shanehal Mvmnletpal Council 8 per cent. Debentures (1834) ut 99. Ths Seuss investments on December, 31 1995, at cost totalled $85.A0818. The Jnominal market value of these investments on December 28, 1035, was js76.889.16. There was also a sum of 1$2.344.33 on current account with the Hongkong and Shanghai Banking Corporation,
Text read from the printed page and cleaned; old type leaves the occasional error.