407
2
5. The following comparative statement shows the Rateable Value of the Colony of Hong Kong from 1921-1922 to 1931-1932 inclusive:
Year.
Rateable Value.
Increase as compared with previous year.
Percentage of In-
crease in Rateable Value as compared
with previous year.
*
do
1921-1922
18,696,660
1922-1923
19,805,929
1,109,269
5.91
1923-1924
21,059,700
1,253,771
6.33
1924-1925
22,147,951
1,088,251
5.16
1925-1926
27,287,862
5,139,911
23.20
1926-1927
27,998,237
710,375
2.60
1927-1928
29,016,439
1,018,202
3.64
1928-1929
30,395,447
1,379,008
4.75
1929-1930
31,617,566
1,222,119
4.02
1930-1931
33,069,602
1,452,036
4.59
1931-1932
35,071,565
2,001,964
6.04
6. In the ten years from 1921-1922 to 1931-1932 the rateable value of the Colony has increased by $16,384,906 or 87.6 per cent.
7. This being the year of the Census it is interesting to note from the preliminary Census figures, that whilst the population of the Island of Hong Kong has increased in the last ten years by about 22 per cent the assessment of the Island has increased by 68.3 per cent. In Kowloon and New Kowloon the population has increased by about 113 per cent in the last ten years and the assessment by 204 per cent. If the Island of Hong Kong is taken together with Kowloon and New Kowloon the increase in population during the last ten years is about 46 per cent whilst the increase in the assessment is 87.6 per cent.
THE TREASURY,
21st May, 1931.
EDWIN TAYLOR,
Treasurer & Assessor.