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Abstract C. Expenses attending Repairs of Cables. jg s d Expenses of s.s. " Sherard Osborn," effecting numerous repairs, aggregating 26 days 1,278 18 2 Expenses of s.s. " Sherard Osborn " during remainder of six months .. .. 4,008 12 3 Expenses of s.s. " Recorder," effecting numerous repairs, aggregating 62 days, after deducting expenses of ship whilst engaged on Madras-Penang duplicate cable and Haiphong-Hongkong partial renewal .. .. .. .. 3,613 10 7 Expenses of s.s. " Recorder " during remainder of six months .. .. 3,340 8 4 Cable expended on repairs, and sundry expenses at stations, after deducting value of picked-up cable .. .. .. .. .. .. 6,786 10 2 Insurance of cable on board maintenance-ships .. .. .. .. 445 7 6 Expenses of cable depot at Singapore .. .. .. .. .. 1,104 12 1 Charter of Great Northern Company's maintenance-ship for repair of cables in the China seas, and agreed charge for call of the ship .. .. .. 1,300 0 0 Depreciation of cable stores .. .. .. .. .. .. 1,240 7 5 Per Revenue Account .. .. .. .. £23,118 6 6 Geneeal Eesebve Fund, 31st Dbcembbe, 1890. Dr. £ B. d. Cr. £ s. d. To Cost of Haiphong-Hongkong partial re- By Balanoe of Reserve Fund at 30th newal .. .. .. .. 6,668 16 1 June, 1890 .. .. .. 472,713 15 3 Balance of cost of Western Australia Interest received during half-year .. 8,008 6 10 cable .. .. .. .. 785 15 2 ' Profit on sale of investments .. 232 10 9 Further expenses in connection with Balance transferred from Revenue the partial renewal of Madras- Account to 31st December, 1890 .. 25,007 610 Penang cable .. .. .. 2,828 19 4 Further expenses in connection with the partial renewal of HongkongSaigon cable .. .. .. 439 2 6 The following amounts for new cables and cable renewals have from time to time been charged against the Reserve and Revenue Accounts:— Rangoon-Penang cable, 1877 .. .. £156,761 8 1 Rangoon-Penang cable renewals, 1884-85 and 1887 .. .. 21,175 4 2 Hongkong-Manila cable, portion of cost, 1880 .. 16,07110 0 Singapore-Batavia cable renewal, 1881 .. 64,363 11 5 Java - Australian cables partial renewals, 1884 and 1888 .. .. 41,754 17 0 Singapore-Saigon cable renewals, 1884-85 and 1887-88 .. .. 59,677 1 11 Victoria-Tasmania duplicate cable, 1885 31,190 5 0 Penang-Singapore cable renewal, 1886 .. 53,245 3 8 Hongkong-Saigon cable partial renewals, 1889--90 .. .. .. 15,880 19 9 Western Australia cable, 1889-90 .. .. 119,898 0 5 New Zealand duplicate cable, 1890.. .. 188,433 15 6 Madras-Penang partial renewal, 1890 .. 83,677 0 7 Haiphong - Hong Kong partial renewal, 1890.. 6,668 16 1 * Madras-Penang duplicate cable, portion of cost, 1890 .. .. 100,000 0 0 £958,797 13 7 Balance carried down .. .. .. 495,239 6 7 £505,961 19 8 £505,961 19 8 By Balanoe as per Balance-sheet .. £495,239 6 7

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