"

).

}

COPY.

25198

385

Estimate of a year's working of Macao, q

Opium Farm.

1.

Sale of 280,800 taels at 87.50 a tael

..82,106,000

2.

Sale of 244,800 taels at £5.00 a tael..

1,224,000

Total.

.83.330,000

10

Less 10 discount on subsidiary coin.

333,000

Revenue..

.82,997,000.

Emenditure.

1.

Cost of 500 chests of raw opium at

$1,250 charges included.

2.

Working Expenses..

3.

Rent to Government...

Showing a profit of £1,172,334.

8th. June, 1914.

..$625,000

144,000

.1,056,666

81,825,666

(Sd.) R. 0. Hutchison,

Supt., I. & E.

Page 390Page 391

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