Page 140 - Records of Bahrain (4) (ii)_Neat

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442 Records of Bahrain

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cxclunion of Persians from Bahrain except with
proper pasoporta, and the dull condition of the
Paris Pearl market. The Pearl season so far
seema moderately good but diving has been
adversely affected by rough weather.
Rents of Government Lands. Thi3 used to

be a substantial source of revenue but it does
not appear this year as all the property in
I
question was handed back to the persons from
whom it was confiscated.
The Royalty from the Eastern find General
: i
Syndicate, Ltd •» is not shown this year as it
is uncertain whether the license will be renewed.
Other revenue. Under headings such as
vehicle, boat, end pearling licenses etc. I have
budgeted slightly higher than last year, keeping
!
v in mind the actual collections for 1347.
Interest on Reserve. This includes interest

on all funds in Deposit Account in Bombay,
The interest x^aid is, on an average, 4# per
annum. It is now proposed that the Reserve Fund
amounting to three lacs shall ''e 1/'vnot.«fl i*'
Government of India stock paying interest.
In the summary of cash assets over two
in
lacs 13 shown as lying/current account, The
reason is that it was transferred from Deposit
account to meet the firBt payment to Messrs.
Callender's Cable and Construction Co. Ltd.,
on account of the Electric scheme.
Including the Reserve Fund, of three lacs
the State completed the year with a cash balance