Page
Colony's Finances Reviewed
Heavy Declines In Revenue
TREASURER'S MEMORANDUM
In conjunction with the
HONG KONG VOLUNTEER DEFENCE CORPS
#ORDERS FOR THE COMING WEEK,
Orders issued by Colonel L. G. Bird, D.S.O., OBE., Com-
mandant, H.K.V.D.C.:
Fri., 29th Sept. 1933.
PARADE.
The Battery,
The Signal Seciton will
parade
at Headquarters at 5.30 pm.
Budget, the following Memoran-Tuesday, 3rd October, 1939.
dum by the Colonial Treasurer on the financial position of the year
1932, 1933 and 1934 was tabled in Council.
1932
There will be no parade Thursday, 6th October, 1933.
Trained. Lesson-Squad drill with: & without arms, particularly Ins- pection of Arins, Fixing Bayonets,Į Present Arms. Movements in Fours. on Instructors Sergt. Todmen, Sergt. Facer, Cpl. Hughes, Cpl. Thompson on Kit-Rifles and Bayonets,
Category (D)—and any backward All ranks are reminded that the men detailed for further drill.. Battery Dinned will be held at Lesson-Squad drill without Arms, The anticipated decreases in im-Headquarters on Friday, 6th Octo- LT. Vol. 1, 1932-pages 75 onwards
ber at 8 p.m.
Dress-White Dinner Jackets. Names of those attending must be sent in to Lieut. M. I. De Ville] before 4th October, 1933.
1. The Revenue for the yearport Duty on Liquor and Tobacco amounted to $33,549,716 as against are due to higher exchange and to the original estimate of $33,991,610 | smaller consumption. while the revised estonate was $33,-
Locally manufactured Liquor is 152,674. It will be seen therefore alan affected by the depression and that while the ervene for 1932 fell is not expected to yield more than
Engineer Company. short of the original estimate by $1,000.000. It is also probable that
Practice at Miniature Range on $441,794. it cxcvedrud the revised the orginal estimate of the Tobacco estimate by $97,042.
Duties was unduly optimistic as Monday, October 2nd at 5.30 p.m.
Corps Signals,
Z. Included in the total revenue only $1,389,176 was collected in the for the year of $48,549,716 were 1st six months instead of $2,300,000 two abnorul credita, viz., $222,873 as anticipated. Opium Revenue has and $238,794 The first was a re-fallen precipitously. In place of imbursement from lean, account in the $2,500,000 originally expected respect of L
salaries offers from this source less than half or employed on loan works as explain- $1,200,000 is likely to be collected. ed in the ital Rupert 021 The 9. The Revised Estimate for The Part Dues $571,000 is $69,000 be- year 1982
finances
for the
omitting doubles and slow time. | Instructor Sergt. Makepeace.
Dress: Belt and Bayonet Frog. There will be no parade on Tues- day, 10th October, 1933.
The Officer Commanding the An- zac Company will issue his Orders to his Commands separately.
- Leave
Parade at Corps Headquarters at No. 1602 Pte. F. M. Britto, Por- 5-30 p.m. on Tuesday, 3rd October, tuguese Company, granted three. months leave a s from 25.9.85 to 1933.
24.12.33.
Machine Gun Troop, · Parade on Thursday, 3rd Octobe. at Causeway Bay Stable for Riding School,
Armoured Car Section.
The Section will parude on Mon- day, 2nd October at Headquarters at 5.30 p.m.
ve and item represented the appre-low the original estimate. This is
taken place due to higher Exchange. ciation which had the ket value of the Cutony's 10. On 12th June 1933, the Yau-l sterling funds invested in London mati
Motor Machine Gun Section Ferry Company started to
All ranks parade at Headquar- of operale under the new franchise "Ditten," "Post Office" and "Landfive months inter than the date lers on Monday 2nd October at 5.30 Sales" each Head of Revenue show-originally Axed-the new rates p.m. for Machine Gun Instruction
1st half (Indication and Recognition).
Wednesday the 4th October, Driv- little. very
The
With
1
»xception
ed an increase over the Estimates therefore affected the for 1932. In regard to Dataes the year's Revenue falling off was unticipatest as liquor actual collection and tobacco duties
Lo 30th June ing Instruction. were reckonedjamounted to 3147,268. It is anti-!
on the basis of $1OE. IN. wheresapated that the receipts for 2nd.
Machine Gun Company Parade in Mufti at Headquarters
Training by Gua Team. Elemen.
the average Titl of kchange half year will reach about $207,711. on Friday, 6th October at 5.30 p.m.. throughout 1942
11. Motor Vehicle Licence fees
was over 1x. 3d.
The decrease in Post Office Revennelare expected to drop $20,000 owing tary Gun Drill..
་་་
was due maroży
parcel chine particularly to Great China
Scottish Company. Paradee-Thursday, 6th October
the beavy de to the new method of collecting Hust business revenue from the public bus com-!
Britum and panes. Royalties appear ad two. 1933. in the pro- | new Less activity
items and It is anticipated' No. 6 Platoon at Kowloon. Dock puty market enused a deebne in that the Treasury will benefit by, under Lieut, T. P. Saunderson.
1
sales of Crown Land which produe-865,000 in respect of the Kowloon No. 7 Platoon at Headquarters ed sum $379,341 short of Ane Motor Bus Co., Ltd. and $47,000 in at 5.30 p.m. under Lieut, A. W.
respect of the China
enlismate.
*
Machine Gun Training, Section Drill, Recruits Gan Drill.
Motor Bus Brown. The Opium Monopoly was es Co., Ltd. The figure for 1933 re- timated to yield $2,000,000; actual-reipta as the monopolies started to Iy. the Revenue collected was operate as from 11th June 1933.
12. Stamp Duties were $675,774 lees. under The estimate by mainly due stock market.
2.
to stagnation
Asscased Taxes are expected to the Estimate ie.
$280,799, yield up
in the $8,500,000.
13. Stamp Duties are unlikely to The pingugares nefs siete more than $2,186,000 against. as follows: I quod Licence. $11,707 an estimate of $2,600,000 owing to due to increased rates from 1st the general fall in the value of January 1982; Velucles Licences sticks and shares and depression in' $63,635 due to an mereuse in feen the property market.
14. Revenue from Water Excess and n the number of licensed drivers; Assessed Taxes $132,066, Supply and Meter Rent continues to due 10 building development. increase steadily and this year's Three large estates
is expected accounted for Vield almost 5 laes of the increase shown increase under Estate Duty and the institu-$250,000. tion of universal meterage and gen-
Hospital closed eral building development were down in 1932 and the fees estimat- -responsible for $298.439 increased ed for Medical Treatment show a
tin
W produce over the estimate of
15. The Peak
in Water Excess and Micter Rents.decrease of $20,000.
230.
Rail-i
Canton.
A. A. L.'A. Company The first parade of the 1933 1934 Training Season will be held at Headquarters on Monday, 2nd Octboer, 1930.
Please make a special point of
attending.
Portuguese Company. Parade on Tuesday, October 3rd
No. 698 Plc. P. E. Barker, Ar- moured Car Section, granted eigh.... Leen months leave as from 30.1.33 to 31.3.1935.
Fined by Efficiency Board
No. 1605 Pte. G. F. Victor, No. 10 Platoon.
service.
Struck Off the Strength Having completed three years
No. 1604 Pte. C. L. Santos, No. 10 Pistoan, as from 13.9.93.
No. 1605 Pte. G. F. Victor, No.
110 Platoon, as from 19.9.33.
No. 1569 Pter: E. J. Speirs, Motor Machine Gun Section. as from |2.6.33.
No. 1624 Pte. J. H. Woodier, No. 3 Platoon, Machin Gun Company, as from 21.9.83.
Strength
No. 2086 Pte. A. E. Hughes, No. 27624 Anzac Company, from 22.9.33.
T. H. S. GALLETLY: Lieutenant, Adjutant,
1.K.V.D. Corps. NOTICES.
Sergeant's Mess Committee
A meeting of the above Com mittee will take place at 6 pím, on Wednesday, 4th October, 1983.
AFTER ORDERS/
Anzac Company. Parade at Headquarters at. 5,30 p.m. on Monday, 2nd October, 1935 for Machie Gun Instruction
Transferred,
No. 1723, Sergt. J. M. Sunley from
tails will be found in the Appendix Platoon sn Platoon Sergeant. at 5.30 p.m. at Headquarters. De-Company Headquarters to No. 18
N.C.O.'s and men attending the No. 1932 Sergt. E. F. Selk from Procession at the Holy Rosary No. 13 Platoon to Company Head- Church, Kowloon, on Sunday, 1st quarters. October, will parade at the com- pound of the Church at 4.18 p.m.
Dress-Uniform, Topec, Shorts, Putiles, Belt & Sidearms.
APPENDIX TO ABOVE Category All N.C.O.- Lesson
Total
No. 1990, Pte. D. Orr, No. 2005 Pte. C.. A. Braga, No. 2006 Pta. R. S. Tissington, No. 1769 Ple, J., T. Cook, No. 1782 Pte. J. Hunter, No. 1912 Pte. F. V. Read from No. 14 The Kowloon Canton Railway earn- 10. The Kowloon Canton
Platoon to No. 13 Platoon.
No. 1871 Pie. W. Stockton, No. ings exceeded the estimate by $176,-way is expected to yield $1,574,000-Communication drill & words of
than the Command. 1. T. Vol. 1, 1932 pages 1872 Pta: J. M. Kelleher, Na 1888 A considerable increase of which la $290,650 more $163,252 was shown under the head original Estimate. The speeding up 70-75. Inspection of Arms-pages J. Wolfe, No, 1956 J. R. Lake, No. of Revenue "Interest" because the of the Express tram services has 115-119.-Instructor-Sergt. Brom- 1820 Pte. F. J. Neill and No. 1825 interest due 23 1931 on the Joint stimulated passenger
Pte. J. L. Kent from No. 13 Platoon trafficbe-lay-Kil-Rifles and Bayonets, Colonial Fund had been temporarily twoen Hong Kong and
Category 9, 10, 11,& 12 Platoons to No. 14 Pistoon. withheld and was not paid until Local traffic to Shum Chun has alao 1932. Out of $191,902 increase in developed.
votes for Public Works us under: Iness activities in the Colony, The other Miscellaneous Receip $179,- 17. The new franchise for the Public Works Department $61,740 Import Duties on liquor and tobacco 60,000 are down likewise by $900,000 and 551 was due to the item Profit on Yaumati Ferry Company did not Public Works Recurrent Exchange.
come into operation until June 11 a Public Works Extraordinary 609,918 $1,800,000 respectively though the rise in exchange is a contributory 6. The expenditure for the year delay of over 5 months. Conse-
[$031,658 factor: As mentional; previously the amounted to $32,060,283 as against quently Royalties will be smaller
In calculating the estimates of ex-receipts from Tobacco were pro- an estimate of $34,981,661, a de-lthan the origins! estimate and will crease of $2,931,478. AB the c-amount to $37,000 instead of penditure exchange was taken at bably over estimated at the outset. $1=1/2. Actually it has worked 21. Under Fort, and Harbour timates were based on 31-le, the $56,250 as anticipated. savings brought about by the im- 18. The original estimated Ex-out for the 9 monthe, January to Dues $105,000 Jess revenue in ex- proved exchange position were so penditure. for the year eliminating September at $1.-1/4d. The re-pected from Light Pées. This considerable that Council increased the sum of $500,000 from surplus vised expenditure for the year decrease results automatically from the vote for Public Works by balances being the final payment to based on departmental computation the rise in the rate of exchange and $746,950 on 30th June. Even so the Admiralty for the surrender, of has now been settled at $32,564,281 the reduction in the scale of duties the total revenue for the year, ax the Naval Arsenal Yard and. Kellet and the budget for 1988 would which came into effect on April 1st, ceeded the expenditure by 31,499,- Island was $84,099,247. As the therefore show a surplus of $462,-1933.
1739, 483 and 1998 opens with a surplus year opened with a surplus larger
22. The revenue from. Oplum is 1931 of nasels of $12,847,062 instead of by $1,034,259 than was expected
estimated at 1,200,000 as against and the exchange continued favour- $11,812,803, as estimated.
19. The estimated revenue for $2,500,000 the original estimate for able, Council: placed further sumu 1934 · amounts to $31,781,625, a 1985. As mentioned in para. 3 the 7. The Revenue for the year was at the disposal of the D. P. W. and decrease of $1,295,875 as compared Optum is now supplied from the estimated at $84,002,576 an in-in August approved supplementary with 1938. - Appendix "“A” kiven a Singapore-Monopoly, but local con- crease of $11,065 over the estimates
summary of the increase in various sumers dislike the brand and prefer Licences, fées, etc, since last year's the smuggled article. memorandum was publishedA
28, It
1933
for 1982. The Revised, Estimate)
| year: «
for 1889 however is not expected to 8. With the exception of Motor reduction of the betting, tax from 1984 yield more than $88,027,000 and Spirit, every item under the Head 3% to 24% became effective as Eos Slip would have been still leas had not of Revenue "Duties" shows a con- from 1st September 1988-under the $2,000,000 against 1838 two "wind falla" relieved the situa-siderable decrease. The following Betting Duty Amendment Ordin tion. The sale of half the City table shows the actual collections
$1,40 Hall site realised $1,250,000 and for 1st six months in 1938 and the 20. The Revenue from Dulles in
ance 1083. one large estate produced over estimated Revenue for the 2nd half 1984 I not expected to yield more $1,800,000 In Death. Duties,
olaerved that the
tra
Revenue for Water
1: Meter Klenta's Las
20.95!
Thái
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CHEMICAL CLOSET
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NEW:
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ELE
than $5,665,000 which tho Increase of $8425,000 over the Estimate 1st Half Estimated Estimated sa artimate
1938 1988 2nd Half Decres
BL700
40K 800
100,000 40,562 4.600,000 £889,176
Import Duty on Liquor 1,500,000
Perfumed
Tobacco
Spirite
Duty on local manufactur
1,210,584
*1,200,000