FINANCIAL STATEMENT FOR 1898.
Dr.
LOAN ACCOUNT.
Cr.
To Inscribed Stock Loan at 3½% interest, to be paid off on the 15th April, 1943, £341,709.15.1
By Sinking Fund. £8,854.8.1
ASSETS AND LIABILITIES, ON THE 31ST DECEMBER, 1898.
ASSETS.
$
LIABILITIES.
$
C. Subsidiary Coins, 315,000.00 | Drafts drawn by Crown Agents, in transit, 82,000.00
Subsidiary Coins in transit, 650,000.00 Military Contribution, 60,370.34
Deposits not available, 407,080.70
Arrears of Taxes, 21.87
Refund of Taxes, 2,500.00
Arrears of Crown Rent, 40,433.92 Officers' Remittances, not yet paid, 26,613.00
Money Orders, not yet paid, 12,881.99
Advances to be recovered, 48,885.07
Transit Charges, 5,900.00
Suspense House Service, 5,461.75 Pensions due to Civil Officers, 15,900.00
Do. to Police, 11,000.00
Private Drainage Works,
Overdrawn Balance, 292.30 251,005.77
TOTAL LIABILITIES, $876,444.22
Balance, 213,358.39
TOTAL ASSETS, $1,089,802.61
$1,089,802.01
Balance of Assets over Liabilities, $213,358.39
Less Balance of 1893 Loan, $123,884.14
The sales that seem likely to be effected this year are the follows:
A lot in Mongchutsui to be sold - $13,000.
Land behind the Telegraph office bi75 4. f. 175 -
A block at Wing Lok Street 30.875 reclamation 8500 5. f. 178. 68400.
House and land in Bonham Strand -
Land at Jai hok-lim applied for - 23000.
How - 24.000 booor s. f. of land above, Pokfulam conduct.
Coove s. f. of land - 022 Barker Road
Extension of Hung Hom dicks 15 acres - 7.200
7.200
Treasury, Hongkong, 13th March, 1899.
$ 90,024.25
A. M. THOMSON, Acting Treasurer.
Imall lots in various localities - 150.000
7323.675.00
10.000.00 levied forward $83.675.00 Carried