AnnualReport-1918 — Page 5

Administrative Reports 行政報告書 All AI Reviewed
Series Prev Next Source

The following is a statement of the revenue and expenditure of the Colony for the five years 1914-1918--

Year Revenue Expenditure 1914 11,007,273 10,756,225 1915 - 15,149,267 1916 13,833,387 11,079,915 1917 15,058,105 14,090,828 1918 18,665,248 16,252,172

The amount of the consolidated loan stands at £1,485,733. Against this there is at credit of the Sinking Fund a sum of £283,602. The Local Loan under Ordinance No. 12 of 1916 amounts to $3,000,000 and there are the sums of $212,000 and £33,300 at credit of the Sinking Fund.

Under Ordinance No. 18 of 1917 a tax of 7% on Assessments was imposed to provide an Annual Contribution to the Imperial Government for purposes of the war.

A new valuation was made for the year commencing 1st July, 1918, resulting as follows:-

District Increase Percentage The City of Victoria $978,880 8.31% Shaukiwan, Saiwanho, and Quarry Bay $11,007 2.79% Hongkong Villages $29,042 13.72% Yaumati $84,780 24.12% Mongkoktsui $64,600 28.83% Kowloon Point $14,735 2.32% Hung Hom and Hok Un $20,050 6.71% New Kowloon $13,736 12.37% Kowloon Villages $13,128 13.91% The Hill District $1,375 -0.42%

The rateable value of the whole Colony amounted to $15,638,736 being an increase of $1,228,583 or 8.52%.

For the period 1909-1918 the assessment of the whole Colony has risen from $10,750,902 to $15,638,736, an increase in rateable value of 45.53%.

The circulation on the 31st December of notes of the three Banks having authorised issues was as follows:-

Bank Amount Hongkong & Shanghai Bank $22,401,355 Chartered Bank of India, Australia, & China $8,718,777 Mercantile Bank of India $1,098,380 Total $32,218,512

Edit History

2026-05-06 17:23:40 · NVIDIA / meta/llama-4-maverick-17b-128e-instruct
Live
View comparison
AI Proofread
The following is a statement of the revenue and expenditure of the Colony for the five years 1914-1918-- Year Revenue Expenditure 1914 11,007,273 10,756,225 1915 - 15,149,267 1916 13,833,387 11,079,915 1917 15,058,105 14,090,828 1918 18,665,248 16,252,172 The amount of the consolidated loan stands at £1,485,733. Against this there is at credit of the Sinking Fund a sum of £283,602. The Local Loan under Ordinance No. 12 of 1916 amounts to $3,000,000 and there are the sums of $212,000 and £33,300 at credit of the Sinking Fund. Under Ordinance No. 18 of 1917 a tax of 7% on Assessments was imposed to provide an Annual Contribution to the Imperial Government for purposes of the war. A new valuation was made for the year commencing 1st July, 1918, resulting as follows:- District Increase Percentage The City of Victoria $978,880 8.31% Shaukiwan, Saiwanho, and Quarry Bay $11,007 2.79% Hongkong Villages $29,042 13.72% Yaumati $84,780 24.12% Mongkoktsui $64,600 28.83% Kowloon Point $14,735 2.32% Hung Hom and Hok Un $20,050 6.71% New Kowloon $13,736 12.37% Kowloon Villages $13,128 13.91% The Hill District $1,375 -0.42% The rateable value of the whole Colony amounted to $15,638,736 being an increase of $1,228,583 or 8.52%. For the period 1909-1918 the assessment of the whole Colony has risen from $10,750,902 to $15,638,736, an increase in rateable value of 45.53%. The circulation on the 31st December of notes of the three Banks having authorised issues was as follows:- Bank Amount Hongkong & Shanghai Bank $22,401,355 Chartered Bank of India, Australia, & China $8,718,777 Mercantile Bank of India $1,098,380 Total $32,218,512
Baseline (Original)
The following is a statement of the revenue and expenditure of the Colony for the five years 1914-1918-- Revenue. Expenditure. 1914 11,007,273 10,756,225 1915 - 11,786,106 15,149,267 1916 13,833,387 11,079,915 1917 15,058,105 14,090,828 1918 18,665,248 16,252,172 The amount of the consolidated loan stands at £1,485,733. Against this there is at credit of the Sinking Fund a sum of £283,602. The Local Loan under Ordinance No. 12 of 1916 amounts to $3,000,000 and there are the sums of $212,000 and £33,300 at credit of the Sinking Fund. Under Ordinance No. 18 of 1917 a tax of 7% on Assessments was imposed to provide an Annual Contribution to the Imperial Government for purposes of the war. A new valuation was made for the year commencing 1st July, 1918, resulting as follows:- Increases :- The City of Victoria, $978,880 or 8.31%. Shaukiwan, Saiwanho, and Quarry Bay, $11,007 or 2.79%. Hongkong Villages, $29,042 or 13.72%. Yaumati, $84,780 or 24:12%. Mongkoktsui, $64,600 or 28'83%. Kowloon Point, $14,735 or 2·32%. Hung Hom and Hok Un, $20,050 or 6·71%. New Kowloon, $13,736 or 12·37%. Kowloon Villages, $13,128 or 13.91%. Decrease:-- The Hill District, $1,375 or 0'42%. The rateable value of the whole Colony amounted to $15,638,736 being an increase of $1,228,583 or 8'52%. For the period 1909-1918 the assessment of the whole Colony has risen from $10,750,902 to $15,638,736, an increase in rateable value of 44 53%. The circulation on the 31st December of notes of the three Banks having authorised issues was as follows:- Hongkong & Shanghai Bank, Chartered Bank of India, Australia, & China, Mercantile Bank of India, $22,401,355 8,718,777 1,098,380 $32,218,512
2026-05-06 17:23:40 · Baseline
View content

The following is a statement of the revenue and expenditure of the Colony for the five years 1914-1918--

Revenue.

Expenditure.

1914

11,007,273

10,756,225

1915

-

11,786,106

15,149,267

1916

13,833,387

11,079,915

1917

15,058,105

14,090,828

1918

18,665,248

16,252,172

The amount of the consolidated loan stands at £1,485,733. Against this there is at credit of the Sinking Fund a sum of £283,602. The Local Loan under Ordinance No. 12 of 1916 amounts to $3,000,000 and there are the sums of $212,000 and £33,300 at credit of the Sinking Fund.

Under Ordinance No. 18 of 1917 a tax of 7% on Assessments was imposed to provide an Annual Contribution to the Imperial Government for purposes of the war.

A new valuation was made for the year commencing 1st July, 1918, resulting as follows:-

Increases :-

The City of Victoria, $978,880 or 8.31%.

Shaukiwan, Saiwanho, and Quarry Bay, $11,007 or 2.79%. Hongkong Villages, $29,042 or 13.72%.

Yaumati, $84,780 or 24:12%.

Mongkoktsui, $64,600 or 28'83%.

Kowloon Point, $14,735 or 2·32%.

Hung Hom and Hok Un, $20,050 or 6·71%.

New Kowloon, $13,736 or 12·37%.

Kowloon Villages, $13,128 or 13.91%.

Decrease:--

The Hill District, $1,375 or 0'42%.

The rateable value of the whole Colony amounted to $15,638,736 being an increase of $1,228,583 or 8'52%.

For the period 1909-1918 the assessment of the whole Colony has risen from $10,750,902 to $15,638,736, an increase in rateable value of 44 53%.

The circulation on the 31st December of notes of the three Banks having authorised issues was as follows:-

Hongkong & Shanghai Bank,

Chartered Bank of India, Australia, & China, Mercantile Bank of India,

$22,401,355

8,718,777

1,098,380

$32,218,512

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.