AnnualReport-1915 — Page 41

Administrative Reports 行政報告書 All AI Reviewed

8. The following table shows the Revenue and Expenditure during the last five years :-

Year Revenue Expenditure Surplus Deficit 1911 $7,497,231 $7,077,177 $420,054 1912 $8,180,694 $7,202,543 $978,851 1913 $8,512,308.84 $8,658,012.93 $145,704.09 1914 $11,007,273.09 $10,756,224.82 $251,048.27 1915 $11,786,107 $15,149,268 $3,363,161

PUBLIC DEBT.

9. The Inscribed Stock Loans of 1893 and 1906 amount to £1,485,732 and the contributions to the Sinking Fund with accrued interest total £210,855 being £24,561 more than the amount at credit of that fund at the end of 1914.

The loan of £1,100,000 to the Viceroy of Wuchang in 1905 has been repaid and expended on Railway Construction. The account as closed shows a profit of £47,163 which has been from time to time paid into the General Sinking Fund.

KOWLOON-CANTON RAILWAY.

10. The expenditure on Railway Construction amounted at the end of the year to $14,602,007, that during the year being $506,347, chiefly in connection with the erection of a terminal station. The funds for this expenditure have been obtained by the advance of £1,100,000 from the Wuchang Loan which realised $11,539,619 in local currency and by charging the balance $3,062,388 to the General Expenditure of the Colony under Railway Department.

GENERAL REMARKS.

11. There were no alterations of importance during 1915 in the revenue system or in taxation except that the rates for prepared opium were raised in July and again in December.

12. The total receipts and payments in the Treasury books during the year were $67,949,516 and $70,354,937 respectively. The figures not accounted for under revenue and expenditure relate to transactions under various heads such as Deposits, Advances, Railway Construction, Subsidiary Coin, Special Fund, etc.

13. Subsidiary coins in stock and in transit to London for redemption purposes on the 31st December was of the face value of $750,092.78 as follows:-

Denomination Face Value 50 cents $6,567.00 20 cents $111,080.80 10 cents $550,600.20 5 cents $53,089.15 1 cent $28,755.63 Total $750,092.78

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8. The following table shows the Revenue and Expenditure during the last five years :- Year Revenue Expenditure Surplus Deficit 1911 $7,497,231 $7,077,177 $420,054 1912 $8,180,694 $7,202,543 $978,851 1913 $8,512,308.84 $8,658,012.93 $145,704.09 1914 $11,007,273.09 $10,756,224.82 $251,048.27 1915 $11,786,107 $15,149,268 $3,363,161 PUBLIC DEBT. 9. The Inscribed Stock Loans of 1893 and 1906 amount to £1,485,732 and the contributions to the Sinking Fund with accrued interest total £210,855 being £24,561 more than the amount at credit of that fund at the end of 1914. The loan of £1,100,000 to the Viceroy of Wuchang in 1905 has been repaid and expended on Railway Construction. The account as closed shows a profit of £47,163 which has been from time to time paid into the General Sinking Fund. KOWLOON-CANTON RAILWAY. 10. The expenditure on Railway Construction amounted at the end of the year to $14,602,007, that during the year being $506,347, chiefly in connection with the erection of a terminal station. The funds for this expenditure have been obtained by the advance of £1,100,000 from the Wuchang Loan which realised $11,539,619 in local currency and by charging the balance $3,062,388 to the General Expenditure of the Colony under Railway Department. GENERAL REMARKS. 11. There were no alterations of importance during 1915 in the revenue system or in taxation except that the rates for prepared opium were raised in July and again in December. 12. The total receipts and payments in the Treasury books during the year were $67,949,516 and $70,354,937 respectively. The figures not accounted for under revenue and expenditure relate to transactions under various heads such as Deposits, Advances, Railway Construction, Subsidiary Coin, Special Fund, etc. 13. Subsidiary coins in stock and in transit to London for redemption purposes on the 31st December was of the face value of $750,092.78 as follows:- Denomination Face Value 50 cents $6,567.00 20 cents $111,080.80 10 cents $550,600.20 5 cents $53,089.15 1 cent $28,755.63 Total $750,092.78

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A (1) 3 8. The following table shows the Revenue and Expenditure during the last five years :- Revenue, Expenditure,.. Surplus,... Deficit, 1911. 1912. 1913. $5 $ $$ 1914. 1915. $ 7,497,231 8,180,694 8,512,308.84 11,007,273.09 11,786,107 7,077,177 7,202,543 8,658,012.93 10,756,224.82 15,149,268 420,054 978,851 251 048.27 145,704.09 PUBLIC DEBT. 3,363,161 9. The Inscribed Stock Loans of 1893 and 1906 amount to €1,485,732 and the contributions to the Sinking Fund with accrued interest total £210,855 being £24,561 more than the amount at credit of that fund at the end of 1914. The loan of £1,100,000 to the Viceroy of Wuchang in 1905 has been repaid and expended on Railway Construction. The account as closed shows a profit of £47,163 which has been from time to time paid into the General Sinking Fund. KOWLOON-CANTON RAILWAY. 10. The expenditure on Railway Construction amounted at the end of the year to $14,602,007, that during the year being $506,347, chiefly in connection with the erection of a terminal station. The funds for this expenditure have been obtained by the advance of £1,100,000 from the Wuchang Loan which realised $11,539,619 in local currency and by charging the balance $3,062.388 to the General Expenditure of the Colony under Railway Department. GENERAL REMARKS. 11. There were no alterations of importance during 1915 in the revenue system or in taxation except that the rates for prepared opium were raised in July and again in December. 12. The total receipts and payments in the Treasury books during the year were $67,949,516 and $70,354,937 respectively. The figures not accounted for under revenue and expenditure relate to transactions under various heads such as Deposits, Advances, Railway Construction, Subsidiary Coin, Special Fund, etc. 13. Subsidiary coins in stock and in transit to London for redemption purposes on the 31st December was of the face value of $750,092.78 as follows:- 50 cents, 20 10 5 1 27 Copper, $ 6,567.00 111,080.80 550,600.20 53,089.15 28,755.63 $750,092.78

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A (1) 3

8. The following table shows the Revenue and Expenditure during the last five years :-

Revenue, Expenditure,.. Surplus,... Deficit,

1911.

1912.

1913.

1914.

1915.

7,497,231 8,180,694 8,512,308.84 11,007,273.09 11,786,107 7,077,177 7,202,543 8,658,012.93 10,756,224.82 15,149,268

420,054 978,851

251 048.27

145,704.09

PUBLIC DEBT.

3,363,161

9. The Inscribed Stock Loans of 1893 and 1906 amount to €1,485,732 and the contributions to the Sinking Fund with accrued interest total £210,855 being £24,561 more than the amount at credit of that fund at the end of 1914.

KOWLOON-CANTON RAILWAY.

10. The expenditure on Railway Construction amounted at the end of the year to $14,602,007, that during the year being $506,347, chiefly in connection with the erection of a terminal station. The funds for this expenditure have been obtained by the advance of £1,100,000 from the Wuchang Loan which realised $11,539,619 in local currency and by charging the balance $3,062.388 to the General Expenditure of the Colony under Railway Department.

GENERAL REMARKS.

11. There were no alterations of importance during 1915 in the revenue system or in taxation except that the rates for prepared opium were raised in July and again in December.

13. Subsidiary coins in stock and in transit to London for redemption purposes on the 31st December was of the face value of $750,092.78 as follows:-

50 cents,

Copper,

$ 6,567.00 111,080.80

550,600.20

53,089.15 28,755.63

$750,092.78

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