84 



ABSTRACT of the ACCOUNTS of the ARGYLL NAVAL FUND 



for 1878-79. 



CHARGE. 



1. Funds as at SOth Xovember 1878 — 



Debenture Bond by Caledonian Railway Company, . £1,000 

 Debenture Stock of the North British Railway Companj-, 1,200 

 Funded Debt of the Clyde Navigation Trust, £3000, pur- 

 chased at . . • • • ■ 2>970 

 Stock of the Royal Bank, £305, purchased at . . 671 



£5,841 

 Balance in Bank at 30th November 1878, . • 71 19 10 



£5,912 19 10 



2. Income received — 



On £1000 Caledonian Railway Company 

 Debenture Bond at 4 per cent., £40, 

 less tax, 163. Sd. . . ■ £39 3 4 



On £1200 North British Railway Company 

 Debenture Stock at 4^ per cent., £51, 

 less tax, £1, Is. 4d., . . • 49 18 8 



On £3000 Funded Debt of Clyde Navigation 

 Trust at 4 per cent., £120, less tax, 

 £2, 10s., . . . . 117 10 



On £305 Roval Bank Stock for year, . 28 19 6 



On Bank Account, . . • • 17 ,,^ ,„ « 



236 18 



Sum of Charge, £6,149 18 4 



DISCHARGE. 



1. Allowances to the two following Recipients — 



Norman Godfrey Macalister, tifth year, . . • £40 



Charles Hope D"undas, first year, . 40 



£80 



2. Funds as at 30th November 1879— 



Debenture Bond by Caledonian Railway 



Company £1,000 



Debenture Stock of the North British 



Railway Company, . . . 1,200 



Funded Debt of the Clyde Navigation 



Trust, £3000, purchased at . . 2,970 



Stock of the Royal Bank, £305, purchased 



at <i71 



£5,841 

 Balance in Bank at 30th November 1879, 228 18 4 



6,069 IS 4 



Sum of Discharge, £6,149 18 4 



W. S. WALKER, Trmsurer. 



ANTHONY MURRAY, Convener of Finance Committee. 



MACKENZIE & SMITH, C.A., AvdUors. 



Edinburgh 7th January 1880. 



