685
As will be seen, the gross expenditure fell below that of the previous year by $331,805.59 by far the greater part being due to Extraordinary Works. The substantial reduction in expenditure under "Personal Emoluments" was due to the rise in Exchange.
LAND SALES AND SURVEYS.
2. Land Sales, Extensions, Grants, &c.-The following tabulated statement gives particulars of these:-
NO. OF LOTS AREA IN SQUARE FEET. ANNUAL RENT.
PREMIUM.
Total.
Total.
Toral.
Total.
Sales by Auction.
C. $ ('.
$
('.
Island of Hongkong,
17
320,046
2,622.00
57,235.00
Kowloon Peninsula,
225,582
1,842.00
87.969.00
N. T., Southern District,
Northern
3.503,429
609.99
11.360.00
121
97
3,014,118
377.91
2,818.23
149
7,063,175
5,451.80
159,381.23
Sales without Auction, Island of Hongkong,
8,800
138.00
21,535.00
Kowloon Peninsula,
N. T., Southern District,
12
70,976
71.41
326.70
13
79,776
209.41
21,961.70
Extensions Granted.
Island of Hongkong,
Kowloon Peninsula,
8,355 104,272
1,242.00 4,473.00
6,653.25 26,617.41
N. T., Southern District,
12
112,627
5.715.00
33,270.66
Grants on Nominal Terms.
Island of Hongkong,
897,950
4.00
N. T., Southern District,
Kowloon Peninsula,
Grants on Short Lenses.
Island of Hongkong,
Kowloon Peninsula, N. T., Southern District,
12,000
4.00
909,950
8.00
188,462
31.65
188,462
31.65
Permits to occupy Land
for Short Periods, &c.
Island of Hongkong,
193
Kowloon Peninsula,
49
0,468.76* 2,890.50*
New Territories,
34
176.29*
Do..
let by
Not Javailable.
A. L. O.,Southern District, 78 New Territories, let by A.L.
57.61*
O., Northern District,.
82
332.95*
436
6,926.11
Extensions of Short Periud
Leases to 75 Years'
Leares.
Kowloon Peninsula,
Total,
37
37 28,000
28.000
224.00 224.00 3,216.30 3,216.30
657
8,381,990
18,565.97
217,729.89
* These amounts are not entirely Anuval Rents as many of the permits are for very short periods.
The actual amount of premium paid into the Treasury during the year was $320,092.99 or considerably less than the estimate which amounted to $400,000. It included the follow- ing sums which do not appear in the above tabulated statement :-
Premia derived from sale of rights to erect piers, Fees for extra boundary stones to mark lots,
$107,904.50 79.00
Lots in the New Territories sold by the Public Works Department realized a sum of $11,060. In addition to this, the Assistant Land Officer at Tai Po sold 121 small lots which realized $2,818.23 and the Assistant Land Officer at Hongkong 21 small lots which realized $300.