176
118
Appendix III,- Continued.
Revised Estimate of Revenue for 1938.....
$35,660,000
Appendix III,--Continued.
OPIUM MONOPOLY.
119
DEDUCT :-
Opium Monopoly
Sand Monopoly..
Water Service
Contribution for Anti Piracy Escorts
Maintenance of Gap Rock Lighthouse, Contribution from Chinese
Government
Use of Motor Vans
Widows' and Orphans' Pensions Contribution.
Radio Traffic Office & Wireless
Kowloon-Canton Railway
350,000
100,000
Estimated Cost of Manufacture and Working Expenses to be deducted from the Gross Receipts for the purpose of assessment of Military Contribution,-C.O. Despatch No. 175 of 10th July, 1914.
8,000
120,000
1938.
1939.
750
30,000
428,000
PERSONAL EMOLUMENTS.
241,200
$
$
1,789,650
ADD:-
Condemned Stores, &c.
Land Sales
Interest on 4% Conversion Loan
Sinking Fund on above
Interest on 3% Dollar Loan
Redemption of Bonds
Net Receipts on Productive Undertakings.—
126,000
Sales Departmėní :-
883,000
193,520
I Monopoly Analyst, (£700 to £1,050 by 5 of £30; 2 of
£60; 2 of £30 and 1 of £20 annually)
16,800
16,800
166,911
Do..
Rent Allowance
1,135
1,135
431,200 560,000
Do..
Personal Allowance
2,400
2,400
5,428,231
30,231,769
1 Asst. Monopoly Analyst, (£600 for 2 years; then £650 to £720 by 1 of £30 und 1 of £40 then by 4 of £30 up to £840 and then £880 to £940 by 2 of £30).
11.553
9,600
Do.,
Rent Allowance
1,407
1,224
OPIUM MONOPOLY
Gross Receipts
Less Working Expenses
1 Class V Clerk, ($1,100 to $1,400 by $100 annually)
Shroffs and Messengers,
1,050
1,200
1.788
1,926
350,000 254,950
2 Revenue Officers (£480 by 5 of £10; 3 of £20 and 4 of £15
annually).
12,593
13,133
Do.
Rent Allowances
2,640
2,640
Net Profits..
95,050
SAND MONOPOLY
Total Personal Emoluments
51,366
50,058
Gross Receipts.
Less Working Expenses.
100,000 90,335
Other Charges
Net Profits...
9,665
WATER SERVICE.
Conveyance Allowances to:-
Monopoly Analyst..........
Gross Receipts..
Less Working Expenses
8,000 13,500
2 Revenue Officers
540
540
360
360
Opium Expenses :
-
Net Profits..
Nil.
Proportionate amount of Gas used in Laboratory Incidental Expenses
30
30
100
100
USE OF MOTOR VANS.
Proportionate Amonut of Store
200
200
Gross Receipts
Less Working Expenses
30,000 31,675
Net Profits..
Nil
RADIO TRAFFIC OFFICE & WIRELESS.
Gross Receipts
Less Working Expenses
Preparation & Carriage of Opium
25,000
25,000
Reward for illicit Opium seizures
40,000
25,000
Transport
100
100
Uniform for 2 Europeans
300
300
Motor Truck :-Repairs, Running Expenses, Wages
2,000
2,000
Use of Space at Imports and Exports Office for storage,
Sales Department and Laboratory
25,300
25,300
Expenses of 13 Government Opium shops
20,000
20,000
241,200 402,232
Other Overhead Charges:-
Net Profits....
Nil
Part Salary of Superintendent, Office Staff, Coolies and
Messengers
6,000
6,000
Part Salary of other Chinese Revenue Officers
3,000
3,000
KOWLOON-CANTON RAILWAY.
Gross Receipts.
Less Working Expenses
1,789,650 1,253,829
Value of 340 chests of Benares (303 chests at S. $2,624 per chest and 37 chests at S. $2,606.62 per chest)= S. $891,517 at 4% = S. $35,66|=H.K. $67,604. Rate of exchange 53
67,604
67,295
12% on $50,058 plus $9,000 for Pensions
7,546
7,382
Net Profits
535,821
Passages....
5,504
Revised Estimate of Revenue assessable for Defence Contribution for 1938.... Estimate of Revenue assessable for Defence Contribution for 1938.
30,872,305 26,128,957
Total Other Charges
203.584
182,607
Underestimated
$ 4,743,348
TOTAL.
254,950
232,665
20% of...................
. $4,743,348 $948,670
177