Dr.

70

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ASSETS AND LIABILITIES ON 31st DECEMBER, 1918, AND 31st DECEMBER, 1919,

(ESTIMATED).

1918.

1919.

Revenue, Expenditure,

.$18,665,248.41

16,252,171.87

Revenue,.... Expenditure,

17,056,410,00

15,078,600.00

Surplus,

$ 2,413,076.54

Surplus,

1,977,810.00

Balance of Assets, (1917), 3,263,061.82

Balance of Assets, (1918), $ 5,681,138,36

Balance of Assets, (1918),

Balance of Assets, (1919),

5,681,138.00

7,658,948.00

War Loan Stock Issue of 1916 at 6%. In- terest to be paid off on the 1st Decem- ber, 1928,

Inscribed Stock Issues of 1893 and 1906 at

3%. Interest to be paid off on the 15th April, 1943,

LOAN ACCOUNT.

1918.

1919.

Cr.

1918.

1919 (Estimated).

$3,000,000

$3,000,000

Sinking Fund,

$212,000 and

£33,300

$212,000 and

£83,300

£1,435,732. 16. 5 £1,485,732. 16. 5 Sinking Fund,. £283,602, 16. 10

£310,221. 14. 5

HONGKONG, 10th October, 1919.

C. McI. MESSER,

Treasurer.

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