A (1) 2
largely due to loss on subsidiary coins, of which $5,000,000 worth were sent home for sale as bullion. Military Expenditure exceeded the estimate on account of the War by $122,070, and an excess of $86,100 under Public Works Recurrent is largely accounted for by increases in respect of the votes Waterworks: Maintenance of City and Hill Districts, Maintenance of Roads and Bridges in the City, and Maintenance of Buildings. There was a decrease under Typhoon Damages.
5. The Imports and Exports Department over-estimated its expenditure by $53,136 while the sum not required by the Post Office came to $66,774. The Charge on account of Public Debt was over-estimated by $33,042.
6. There was a saving of a sum of $191,205 under the vote for Public Works Extraordinary, due to works being delayed or deferred, including Wireless Telegraph Station $61,819, Tytam Tuk Waterworks $199,740, the West Point Reservoir $145,497, and the Repairing Yard for Government Launches $23,619.
7. The revenue for the year exceeded the expenditure by a sum of $251,048, whereas a deficit of $842,896 was anticipated; with the result that the credit balance of $2,659,426 at the end of 1913 was increased to $2,910,474 at the end of 1914.
8. The following statement shows the Liabilities and Assets on the 31st December, 1914 :-
LIABILITIES $ C. ASSETS $ C. Deposits not Available, 258,995 86 Subsidiary Coins, 989,863 08 House Service, 1,855 75 Advances, 126,352 37 Crown Agents' Advances, 678,906 71 Imprest, 118,336 64 Drafts, 571,428 57 Railway Construction, 3,932,633 98 Postal Agencies in China, 8,745 43 Unallocated Stores 321,990 99 Overdraft, Bank, 1,066,755 63 Crown Agents' Current Account, 7,984 86 Total Liabilities, 2,586,687 93 Balance, 2,910,478 97 Total, $ 5,497,161 92 Total, $5,497,161 92A (1) 2
largely due to loss on subsidiary coins, of which $5,000,000 worth were sent home for sale as bullion. Military Expenditure exceeded the estimate on account of the War by $122,070, and an excess of $86,100 under Public Works Recurrent is largely accounted for by increases in respect of the votes Waterworks: Maintenance of City and Hill Districts, Maintenance of Roads and Bridges in the City, and Maintenance of Buildings. There was a decrease under Typhoon Damages.
5. The Imports and Exports Department over-estimated its expenditure by $53,136 while the sum not required by the Post Office came to $66,774. The Charge on account of Public Debt was over-estimated by $33,042.
6. There was a saving of a sum of $191,205 under the vote for Public Works Extraordinary, due to works being delayed or deferred, including Wireless Telegraph Station $61,819, Tytam Tuk Waterworks $199,740, the West Point Reservoir $145,497, and the Repairing Yard for Government Launches $23,619.
7. The revenue for the year exceeded the expenditure by a sum of $251,048, whereas a deficit of $842,896 was anticipated; with the result that the credit balance of $2,659,426 at the end of 1913 was increased to $2,910,474 at the end of 1914.
8. The following statement shows the Liabilities and Assets on the 31st December, 1914 :-
LIABILITIES,
明
C.
ASSETS.
$
C.
Deposits not Available,... 258,995,86 Subsidiary Coins,
989,863.08
House Service,
1,855.75 | Advances,
126,352.37
Crown Agents' Advances,
678,906.71 Imprest,
118,336.64
"
Drafts,
571,428.57 Railway Construction, 3,932,633.98
Postal Agencies in China,
8,745.43 | Unallocated Stores...
321,990.99
Overdraft, Bauk,
1,066,755,63
Crown Agents' Cur-
rent Account,
7,984.86
Total Liabilities,... 2,586,687.93
Balance,... 2,910,478.97
Total,...$ 5,497,161,92
Total,.....$5,497,161.92
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