Revenue Expenditure

Surplus

Deficit

1887-1903

HONG KONG, 1902.

Total Revenue and Expenditure for the Five Years 1898-1902.

1898.

1899.

1900.

1901.

1902.

2,918,159-24 3,610,143-25 | 4,202,587-40 4,213,893-22 4,301,073-70 2,841,805-20 3,162,792-36 3,628,447-13 4,111,729-49 5,009,548-51

76,354-04 447,351-89 574,140-27 102,164-73

1,008,474-81

(B.) ASSETS AND LIABILITIES.

At the end of the year 1902 the surplus of the Assets of the Colony over the Liabilities amounted to $66,869.88, the total Assets being $815,903.89 exclusive of arrears of Revenue amounting to $90,780, and the total Liabilities to $749,034.01.

(C.) PUBLIC DEBT.

There is a public debt of £341,799 15s. 1d. outstanding. The original debt was incurred in connection with the Praya Reclamation, the Central Market, and Water, Drainage and Sewerage Works.

Interest at 3 per cent. is payable upon the loan, which is being paid off by a Sinking Fund.

II.-TRADE, INDUSTRIES, FISHERIES,

AGRICULTURE AND LAND.

(A.) TRADE AND SHIPPING.

The following table shows the principal articles of export in the year 1902 in vessels of European construction, compared with similar returns for 1901. The figures represent the tonnage:

Articles.

Beans

Coal

Cotton yarn and cotton

Flour

Hemp

Kerosine (bulk)

Lead

(case)

1901 1902 Increase Decrease 1,290 300 990 917,144 1,040,906 123,762 14,423 11,498 2,925 145,287 107,826 37,461 31,195 22,923 8,272 70,728 54,461 16,267 77,977 60,400 17,577 260 625 365 15,374 367 5 A 3
Share This Page