11
Land and grants of extensions to existing lots in the island of Hong-kong and Old Kowloon. The chief items were received in respect of the sales of Inland Lots 1892 and 1901 which realized $34,600 and $80,100 respectively.
There has been a considerable increase in the number of building lots in the city sold by the Government during the year, 18 lots having an area of 7 A. 3 R. 35 P. having been sold for a premium of $234,767 as against 6 lots with an area of 1 R. 194 P. and at a premium of $4,776 for the previous year.
There has again been a very considerable increase both in number and value of private properties which have changed hands during the year, the purchase moneys having exceeded those of the previous year by over six million dollars. There is a good demand for residential houses on the lower levels and in many instances a considerable rise in prices has been obtained, which may be accounted for by the large number of Chinese gentry who have invested in house property in the Colony during the latter part of the year. There is a considerable demand for good mortgage securities with a tendency to accept a reduced rate of interest.
Sales of vacant Crown Lands in the New Territories continue even and consist chiefly of small building sites at prices ranging from 1 to 2 cents a foot and land for purposes of cultivation at from ... to ... cents a foot.
/III-LEGISLATION.
Sixty-five Ordinances were passed during 1911, of which 41 were amendments to other Ordinances, and 5 were connected with the revision of the Ordinances of Hongkong now being carried out by the Chief Justice (Sir F. T. Piggott, Kt.). This is the largest number of Ordinances ever passed by the Hongkong Legislative Council in one year.
The most important Ordinances were :-The Defence (Sketching Prevention) Ordinance (No. 3), the Consolidation of the Liquor Laws (No. 9), the University Ordinance (No. 10), the Stamp Duties Management Ordinance (No. 35), the Code of Civil Procedure Amendment (No. 36), the Societies Ordinance (No. 47), the Chinese Partnerships Ordinance (No. 53) and the law relating to Companies (No. 58).
IV.-EDUCATION.
There are 67 Government and Grant Schools, the most important of which is Queen's College. Of these 20 are Upper Grade Schools with a staff competent to give instruction in all subjects of the 7th Standard and above. These latter schools have an average attendance of 4,107, and the medium of instruction in all of them, with the exception of four girls' schools, is English. The 47 remaining schools are all Lower Grade. They comprise one school for British Indians, where English and Urdu are taught, six Government Schools
11
Land and grants of extensions to existing lots in the island of Hong- kong and Old Kowloon. The chief items were received in respect of the sales of Inland Lots 1892 aud 1901 which realized $34,600 and $80,100 respectively.
There has been a considerable increase in the number of build- ing lots in the city sold by the Government during the year, 18 lots having an area of 7 A. 3 R. 35; P. having been sold for a premium of $234,767 as against 6 lots with an area of 1 R. 194 P. and at a premium of $4,776 for the previous year.
There has again been a very considerable increase both in number and value of private properties which have changed hands during the year, the purchase moneys having exceeded those of the previous year by over six million dollars. There is a good demand for residental houses on the lower levels and in many instances a considerable rise in prices has been obtained, which may be accounted for by the large number of Chinese gentry who have invested in house property in the Colony during the latter part of the year. There is a considerable demand for good mortgage securties with a tendency to accept a reduced rate of interest.
Sales of vacant Crown Lands in the New Territories continue even and consist chiefly of small building sites at prices ranging from 1 to 2 cents a foot and land for purposes of cultivation at from
to cents a foot.
/III-LEGISLATION.
Sixty-five Ordinances were passed during 1911, of which 41 were amendments to other Ordinances, and 5 were connected with the revision of the Ordinances of Hongkong now being carried out by the Chief Justice (Sir F. T. Piggott, Kt.). This is the largest number of Ordinances ever passed by the Hongkong Legislative Council in one year.
The most important Ordinances were :-The Defence (Sketching Prevention) Ordinance (No. 3), the Consolidation of the Liquor Laws (No. 9), the University Ordinance (No. 10), the Stamp Duties Management Ordinance (No. 35), the Code of Civil Procedure Amendment (No. 36), the Societies Ordinance (No. 47), the Chinese Partnerships Ordinance (No. 53) and the law relating to Companies (No. 58).
IV.-EDUCATION.
There are 67 Government and Grant Schools, the most important of which is Queen's College. Of these 20 are Upper Grade Schools with a staff competent to give instruction in all subjects of the 7th Standard and above. These latter schools have an average attend- ance of 4,107, and the medium of instruction in all of them, with the exception of four girls' schools, is English. The 47 remaining schools are all Lower Grade. They comprise one school for British Indians, where English and Urdu are taught, six Government Schools
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