LIABILITIES.

£. i. d. £. . d.

To TEUST FUNDS CAPITAL ACCOUNTS— No. 1 (gee p. 326) 66,807 5 .7 No. 2 (see p. 326) 125,048 9 8 191,865 14 10 „ GBMBBAL CAPITAL ACCOUNT (see p. 326) 478,053 12 3 £669,909 7 1 (Signed) CHARLES DIBDIN, Secretary.31st December, 1901.

329 Purcbased at.

£.

33,953 1 5,835 6 882 3 28,156 5 37,009 18 275 - 146 13 54,141 7 29,156 1 1,064 1,428 17,269 948 30,124 1,745 - - 3,500 - - 20,425 6 6 14,831 8 6 16,751 2 6 22 - - 19,450 18 10 300 - - 26,161 7 17,518 15 29,189 4 11,017 7 274 - 14,607 11 12,286 3 143 - 10,005 5 366 11 17,852 3 6 9,997 4 25,007 18 183 1 199 6 27,313 6 40,409 14 400 - - 852 - - 21,808 11 - 18,897 10 - 17,057 1 - 6,000 - - 9,237 11 - 300 - - 12,097 - - 3,516 8 4 3,920 - - 418 10 - 125 - - 3 3 6 7 6 6 ASSETS.

Stock.

£. t.

35,479 14 6,062 12 900 - By Consolidated 2f per cent. Stock (repayable in 1923) .

„ 21 per cent. Annuities (repayable in 1905) f . . .

„ National War Loan (repayable in 1910) „ Metropolitan 3J per cent. Stock 29,000 - - „ Bank of England Stock 10,61314 6 „ Queensland 4 per cent. Inscribed Stock. (1915) t • • • 250 - - „ (1924)f ... 133 6 8 „ India 3 per cent. Stock 55,843 2 - „ „ 3J per cent. Stock . 27,0271210 „ East India Railway Company's Annuity, Class A £38 f _ - - „ ,, „ „ „ Class B £56 f • - - - „ „ „ „ 3 per cent. Debenture Stock 16,600 - - „ „ Deferred Annuity Capital Stock f • • • • 600 - - „ „ 4J per cent. Debenture Stock 29,000 - - „ Great Indian Peninsula Ry.Co.'s Annuity, Class B £66 15s.7 Z.t - - - ,, London Bank of Australia Deposit Note f 3,500 - - „ Caledonian Railway 4 per cent. Debenture Stock ... 15,667 - - „ Glasgow and 8. W. Railway 4 per cent. Debenture Stock 10,250 - - ,, Great Northern Railway 3 per cent. Preference Stock . . 15,550 - - „ „ „ 3 „ Debenture Stock f • 20 - - „ „ „ 4 „ ConsoL Preference Stock 14,785 - - „ „ „ 6 „ Stock Bf .... 300 - - „ Great North of Scotland Ry. 4 per cent. Debenture Stock 25,000 - - ,, G. W. Railway Consolidated Guaranteed 5 per cent. Stock 14,000 - - „ „ 4 per cent. Debenture Stock .... 20,000 - - L. and Yorkshire Railway 3 per cent. Debenture Stock . 10,000 - - London and Blackwall Railway CO.'B Consolidated Stock f 200 - - L. and N. W. Railway 4 per cent. Guaranteed Stock . . 10,000 - - L. and S. W. Railway 3i per cent. Preference Stock . . 10,000 - - „ „ 4 per cent. Preference (1881) Stock f 10° - - „ „ 3 per cent. Debenture Stock . . 10,400 - - ,, „ Consolidated Ordinary Stock f . 167 - - L.B. and S.C. Railway 5 per cent. Consol. Preference Stock 10,000 - - L. T. and Southend Ry. 4 per cent. Preference Stock . 7,030 - - Midland Railway 24 per cent. Debenture Stock ... 30,240 - - „ „ Preferred Ordinary Stock f 216 13 4 „ Deferred Converted Ordinary Stock f 21613 4 North British Railway 3 per cent. Debenture Stock . . 33,555 11 1 North Eastern Railway 3 per cent. ,, „ . . 48,666 - - Russian Nicolas Railway 4 per cent. Bonds f • • • • 500 - - South Eastern Railway Co.'s Annuities, £24 12s. t • • - - - „ „ 3 per cent. Debenture Stock 20,000 - - Isle of Man 3J per cent. Debenture Bonds 19,000 - - Edinburgh Corporation 3 per cent. Stock 16,500 - - Liverpool Corporation 3} per cent. Stock 4,580 2 3 „ „ 2i per cent. Redeemable Stock. . 10,000 - - Manchester Corporation 4 per cent. Perpetual Annuities Bond f 300 - - Stockport Corporation 3 per cent. Stock 11,770 - - East London Waterworks Company (Ordinary Stock) f . 1,707 - - Grand Junction Waterworks Company 35 £60 Shares f • 1,750 - - New River Company's 4 per cent. Debenture Stock f- • 300 - - Total Investments .... £587,806 3 6 £654,576 17 4 Royal Victoria Yacht Club 5 per cent. Debenture Bonds t 125 - - „ Cash on Deposit with Messrs. Coutts & Co, £15,000 - - „ „ „ Current Account ,, ,, ,, 332 9 9 15,332 9 9 £669,909 7 1 t Presented to the Institution.

I have examined these Accounts, together with the relative Invoices and Vouchers, and found the same correct. I have also satisfied myself that the Securities representing the Investments of the Institution are in order.

(Signed) SAMUEL LOVELOCK, Chartered Accountant, 23rd January, 1902. Auditor..