144,943
" 1, 1881 " Oct. 14, 1881 ... 25,326 ... 186,707 British Govt. 
Aug. 8, 1881 " Dec. 31, 1881 ... 37,908 ... 33,442 Boer Govt. 
Jan. 1, 1882 " " 31, 1882 ... 177,407 ... 114,476
" 1, 1883 " " 31, 1883 ... 143,324 ... 184,344
" 1, 1884 " Mar. 31, 1884 ... 44,557 ... 18,922
April 1, 1884 " " 31, 1885 ... 161,596 ... 184,820
" 1, 1885 " " 31, 1886 ... 177,877 ... 162,709 Sheba floated.
" 1, 1886 " Dec. 31, 1886 ... 196,236 ... 154,636 Rand proclaimed
Sept. 8, 1886. 
Jan. 1, 1887 " " 31, 1887 ... 637,749 ... 594,834 Shares quoted
Johannesburg
Stock Exchange. 
Telegraph
opened
Johannesburg
April 26, 1887.
" 1, 1888 " " 31, 1888 ... 884,440 ... 720,492 Boom, Nov. 1888
" 1, 1889 " " 31, 1889 ...1,577,445 ...1,201,135 to Jan. 1889. 
Slump, Mar. 1889.
" 1, 1890 " " 31, 1890 ...1,229,061 ...1,386,461
" 1, 1891 " " 31, 1891 ... 967,192 ...1,350,074 Baring Crisis.
" 1, 1892 " " 31, 1892 ...1,255,830 ...1,187,766 Railway reached
Johannesburg
Sept. 15.
" 1, 1893 " " 31, 1893 ...1,702,685 ...1,302,054
" 1, 1894 " " 31, 1894 ...2,247,728 ...1,734,728
" 1, 1895 " " 31, 1895 ...2,923,648 ...1,948,249
" 1, 1896 " " 31, 1896 ...3,912,095 ...3,732,492
" 1, 1897 " " 31, 1897 ...3,956,402 ...3,898,816
" 1, 1898 " " 31, 1898 ...3,329,958 ...3,476,844
" 1, 1899 " " 31, 1899 ...4,087,852 ...3,951,234 (Budget).

The figures for the period from 1871 to the end of 1887 are taken from Jeppe’s Transvaal Almanac for 1889.  They represent the ordinary Revenue and Expenditure arrived at after the deduction of the items ‘Special Receipts,’ ‘Special Deposits,’ ’Deposits Withdrawn,’ ‘Advance Refunded,’ ‘Advances made’ and ‘Fixed Deposits’ from the totals given in the Official Government Returns.

The figures for the years 1888 to 1899 are those of the published Government Returns after the deduction of—­

Fixed deposits from 1888 to 1893 inclusive.

The sale and purchase of explosives from 1895 to 1898 inclusive.

The owner’s share of claim licenses from 1895 to 1899 inclusive.

Delagoa Bay Customs Dues paid to the Netherlands Railway for 1898 and 1899.

[Dynamite Monopoly.]

The dynamite monopoly has always been a Monopoly very burning question with the Uitlanders.  This concession was granted shortly after the Barberton Fields were discovered, when the prospects of an industry in the manufacture of explosives were not really very great.  The concessionaire himself has admitted that had he foreseen to what proportions this monopoly would eventually grow he would not have had the audacity to apply for it.  This, of course, is merely a personal question.  The fact which concerned the industry was that the right was granted to one man to manufacture explosives