★ Keep up to date with the latest news - subscribe to the Transcribe Bentham newsletter; Find a new page to transcribe in our list of Untranscribed Manuscripts
+ 3
2.0 Profit on Tab — viz: by difference between selling
price of Annuity Note paper and buying price of
Stock Securities, remains, extinct as in Period II, by the extinction of
Stock Annuities; subject to revival in the event of a fresh creation, as before.
Profits by interest undemanded, by Notes in
hand, and by Notes lost continue as in Period II
with little change. (a)
(a) Note in next page p. 103 Profit by interest undemanded will accrue upon each note class of Notes as part of
Profits by Notes lost, and by saving in respect of
the expence of management, being rateable profits,
their amount per millions worth of paper continues
unchanged, but their total amount diminishes
of course in some degree, on the amount of Annuity
Notes (now which from the commencement of this 3d
period are the only Government redeemable Government Annuities
remaining) is
diminished is reduced by the operation of the Sinking
Funds.
.