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CLASS W.—continued.

(B.) C Y P R U S. STATEMENT showing the TotAL RECEIPTs RECEIPTs Amount Actual More than Less than Reference - Estimated. Receipts. Estimated. Estimated. to Notes. - | 42 £ s. or. £ s. c.p. £ s. cy. Net Balance 1st April 1905 - - - – “ ------ – ". Customs - - - - - - 30,400 40,868 3 5 10,468 3 5 Port, Harbour, &c., Dues - - - 8,180 8,401 14 7 28, 14 - | A. Tithes - - - - - - - 55,300 72,024 17 a 16,724 17 a - B. Sheep and Goat Tax - - - - 10,900 11,777 l 6 877 l 6 - C. Pig Tax - - - - - - - i 850 1,141 & 4 29, 3 + - D. Werghi - - - - - - - 32,400 32,013 9 - 356 10 8 Askerieh - - - - - - 6,180 6,520 12 – 340 1 2 – -- s Defter Hakani - - - - 8,000 9,027 9 * 1,027 9 4 - E. Excise . . . . . . . . . 29,887 33,114 10 1 3,227 10 1 - F. Forest Revenue - - - - . 1,540 1,389 + 4 - 150 15 5 Court Receipts and Stamps - - - 8,140 8,290 6 3 to a 3 Specific Services, &c. - - - - 1,630 1,621 13 3 - 8 6 6 Post Office - - - - - - 5,000 5,059 5 5 59 5 5 Railway - - - - - - - - 4,250 2005 a - - 2,186 14 – G. Rents and Royalties - - - - 590 1,010 2 – 420 2 – - H. Interest - - - - - - 1,000 2,594 17 5 1,594 17 5 - | I Miscellaneous - - - - - boo 813 7 313 1 7 Irrigation Receipt - - - loo 367 7 - 632 12 2 J. Toowo, 23s,191 g g 35,779 & 5 333, 19 a Land Sales - - - - - - 10 l 21 s - 11 8 – o | ToTAL REVENUE - - - - T20,757 238,212 is 2. 35,790 is 5. 333, 19 3. ~- 2-—o Grant in Aid - - - - - - - - - 1%" | Net more than Estimated ToTAL - - - - - - - 254,212 14 2 39 32,455 13s. 2c.p. Advances Repaid - - - - - - - - 50,105 9 1 Deposits - - - - - - - - - - 373,148 3 3 Drafts and Remittances - - - - - - - 101,322 to 5 Famagusta Harbour Works - - - - 63,500 - Railway Construction - - - - - - - 92,036 13 2 Crown Agents' Advances - - - - - - 65,000 - Total Receipts with Opening Balance - - logos: * Los

CLASS W.—continued.

Vote 4.—CYPRUs (GRANT IN AID)—continued.

(B.) C Y P H U S. and ExPENDITURE in the year 1905–1906. PAYMENTS. Amount Actual More than Less than | Reference Estimated. Payments. Estimated. Estimated. to Notes. 39 £ s. c.p. £ s. c.p. £ s. cy. 1. Debt Charges - - - - 2,400 2,400 – – - 2. Pensions - - - - - - 2,784 2,616 8 7 - 167 11 2 3. High Commissioner - - - $3,808 3,722 2 4 - - 85 17 5 4. The Legislature - - - - 387 386 5 4 - – 14 5 5. Chief Secretary - - - - 3,182 3,153 13 6 - 28 6 3 6. Government Printing Office - - 935 958 – 3 23 — 3 - I 7. District Administration - - - 7,371 7,310 2 3 - 60 17 6 8. Treasury - - - - - - 16,042 17,373 15 1 1,331 15 1 - 2 9. Customs Department - - - 7,760 7,417 18 l - 342 : 8 10. Land Registration - - - - 6,687 6,355 13 3 - 331 6 6 11. Audit Department - - - - 1,165 1,073 6 5 - 91 13 4 12. Legal Departments - - - - 13,397 13,416 2 7 19 2 7 13. Police - - - - - - 27,021 26,997 1 1 - 23 18 8 14. Prisons - - - - - - 5,580 4,755 4 6 - 824 15 3 3 15. Medical Departments - - - 8,145 8,482 14, 8 337 14 8 - 4 16. Education - - - - - 5,861 5,861 – – - 17. Miscellaneous Services - - - 4,205 4,347 8 7 142 8 7 18. Post Office - - - - - 3,964 . 3,727 2 – - 236 18 – 5. 19. Agricultural Department - - 912 912 — — - 20. Forest Department - - - - 3,504 3,424 8 6 - 79 in 3 21. Loan Works - - - - - 1,713 1,578 6 7 - 134 13 2 21A. Railway - - - - - - 10,000 7,084 14 8 - 2,915 5 1 6 22. Public Works Departments - - 2,727 2,597 4 6 - 129 15 3 23. Public Works: Recurrent - - 12,741 12,629 12 3 - 1] 1 7 6 24. Public Works: Extraordinary - 5,509 10,536 19 2 5,027 19 2 - 7 ToTAL ExPENDITURE - - - 157,500T 159,117 g s 6,882 1 1 5.561 14 2 >-, - . Tribute to Turkey - - - - - - - - 92.799 in 2 Net more than Estimated. ToTAL - - - - - - |251,916 18 l £1,317 g. 8c.p. Advances - - - - - - - - - 43,277 19 2 Deposits Repaid - - - - - - - - |365,814 – 7 Drafts and Remittances - - - - - - || 104,353 10 6 Famagusta Harbour Works - - - - - - 29,762 10 5 Railway Construction - - - - - - - || 37,157 13 2 Crown Agents' Advances Repaid - - - - - 80,000 — — ToTAL PAYMENTS - - - - - gloss to 5 Net Balance on 31 March 1906 - - - 111,792 7 4 * Los = Nicosia, I - , G. Smyth,

25 May 1906. Acting Receiver General.

CLASS W.-continued.

Vote 4.—CYPRUs (GRANT IN AID)—continued.
(B 1.)

ExPLANATORY NotEs on Actual Receipts and Expenditure for Year ending
31 March 1906.

RECEIPTS.

A.—Customs, Port and Harbour Dues.—The large increase of 10,749l. 18s. 36.p. over amount estimated is due to the general prosperity after continued good harvests resulting in a great stimulation of imports.

B–Tithes.—The estimate, 55,300l., based on a five years' average, was actually exceeded by 16,724!. 17s. 3c.p. Qf this excess, 15,220l. 16s. 2c.p. or 91 per cent, was derived from the cereal tithe, and 9 per cent, or 1504l. 1s. 1c.p. from Carobs and other minor produce tithed on exportation. The harvest was above the average, and prices of grain were unusually high.

. C. D.—Sheep and Goat and Pig Taxes.—With the good harvests and favourable seasons the flocks have Inc E.-Defter, Hakani.-The estimate, 8,000l., was based on an average of five years, and was exceeded by 1,027l. 9s. 4c.p, showing a weli maintained increase of work in the Land Registry Department.

. ...F.—Ercise:-The excess, 3,2271. 10s le.p. over estimated receipts is due as regards 2,641. 10s. 36.p., to an increase in Tobacco duties, a significant fact as testifying to the general prosperity. The Spirit, consumption duty did not realise the estimate by some 419. The balance of the increase is spread over all other items of Excise.

G.—Railway.—When the original estimate, 4,250l., was made, it was hoped the line from Famagusta to Nicosia would be open for traffic at an earlier date than October.

H.—Rent and Royalties.—Most of the excess over the amount estimated for is due to Royalties on Gypsum, the export of which to Egypt has rapidly developed and may be expected to increase.

I.—Interest on Government Moneys.-The 1,594l. 17s. 5c.p. received over the estimated amount of 1,000l., is due to (1) the carrying to Revenue of the credit balance of the Interest Advance Account; and (2) to the profits earned under the new agreement with the Bank enabling us to make freer and more effective use of our cash balances.

J.—Irrigation.—In addition to the 3671. 7s. 7c.p. received as direct Revenue under this head we may add a sum of 461. 10s. 8c.p. as indirect and included in Tithes. *

EXPEN DITU R.E.

1.—Printing Office.—The excess of 23!. -s. 3c.p. is due to the increase in the pay of the Superintendent C.O. desp. No. 59 of 21 March 1905.)

2.—Treasury.—This excess, 1,331. 15s.1c.p. was unavoidable, and solely due to the abundant harvest, necessitating increased expenditure on the assessment and collection of tithes. There was an excess on the item “Guarding and Transport of Salt,” covered, however, by a corresponding increase in receipts from sales.

3–Prisons.—The saving of 824l. 15s. 3c.p. is caused by the grant for Industrial School not being expended, a saving on food for Prisoners, and a further saving on Personal Emoluments.

4.—Medical.—The excess of 3371. 14s. 8c.p. over the estimate is due to the debit balance of the Quarantine Fund, 331/. 6s. 2c.p., being charged to this Wote under authority of C.O.D. 216 of 13 October 1905.

The Fund is now closed and provision in future will be made by votes on the Estimates.

.5–Post Office.—The saving, 236]. 18s, arises from discontinuance in December of the subsidised Foreign Mail Service, and savings on conveyance of Local and Foreign Mails.

6.--Railway.—The estimate, 10,000l., for expenditure was made on the presumption that the line would be working the whole year: it was formally opened, however, in October 1905.

7–Public Works Extraordinary.—The excess, 5,027l. 19s. 2c.p., is caused by an unestimated charge of 5,1021. 48, representing a repayment to Public Works 'Loan Fund of liabilities of Government, on account of outstanding loans, and was authorised by C.O. telegram of 16 March 1906.

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STATEMENT of AsseTs and LIABILITIES on the 31st March 1906.

ASSET S. £. s. c.p. £. s. c.p. LIABILITIES.
Balance with Imperial Ottoman Bank - - - - 10,223 9 6 Balance of Tribute due on the 31st July 1906 -
Balance with Crown Agents - - - - - - 95,962 19 5
Cash Balance in Cyprus - - - - - - - 5,605 18 2
—— 111,792 7 4
Advances due to Government - - - - - - - - 6,476 17 — DEPoSITs DUE BY Gover NMENT—
COST . OF SECURITIES PURCHASED ON The Orphan's Trust Fund - - - -
ACCOUNT OF DEPOSITS;
LocusT DESTRUCTION FUND–
Cost Price of 2421. 8s. 9d. Victoria 3% per cent. Stock | The Guarantee Fund - - - - -
C "Poo a l, as iod. Victoria ai or cont 256 19 8 -
Jost Price of 2,803. 3s. 10d. Victoria 3 t. -
Stock at 1063 - va, yie ona : per cent. 3,000 — — The Locust Destruction Fund - - -
GUARANTEE FUND– - - - -
90s orige of 600l. Victoria 3% per cent. Stock at 104 624 — — The Savings Bank - - - - - -
Cost Price of 5881. 13s. 7d. Victoria 34 per cent.
Stock at 106 - - - - - - - 624 – —

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Cost Price of 898l. 16s. 8d. Tasmania 3% per cent.

Stock at 111

Cost Price of 2,000). Transvaal 3 per cent. stock

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Nicosia, l 31st May 1906, j

(a)
(b) -

per cent. Stock

The Famagusta Harbour and Railway Loan

- 1,000 — — Sundry Accounts - - - - - 1,000 — —

2,001 6 —

- 1,000 — —
- 1,000 - -

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(a) Of this amount it is estimated that 1,500l. may be regarded as recoverable. (b) Of this amount it is estimated that 2,500l. may be regarded as recoverable.

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REVENUE and EXPENDITURE (exclusive of AdvancEs and REPAYMENTs, and of Locust TAxEs and ExpeNDITURE) from the British Occupation of the Island in July 1878.

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