A (1) 2
Miscellaneous expenditure exceeded the estimate by $1,099,859 mainly due to:-
University, ...
Transport of Government Servants...
Visit of H. R. H. Prince of Wales
Expenses of Strike
Food Control Expenses
Loss on Subsidiary coins
...
$ 200,000.00 119,891.97
127,105.10 59,394.37 55,371.98 393,818.26
$ 955,581.68
Military Expenditure exceeded the estimate by $355,260 due to increase in revenue.
The Education Department decreased $116,202 on account of unpaid Building Grant and other savings while Public Works Extraordinary saved $3,035,665 because the programme of works placed in the Estimates was not carried out,
5. The revenue for the year exceeded the expenditure by a sum of $3,728,062.
6. The following statement shows the Liabilities and Assets on the 31st December, 1922 :-
LIABILITIES.
$
ASSETS.
$
C.
Deposits not Available, 957,097.15 Subsidiary Coins, 1,825,393.47
Advances, 252,092.46
Postal Agencies,.. 35,636.42
Building Loans, 966,700.00
Imprest. 3,497.55
Shipping Control Ac., 2,231,204.11
House Service Ac., 7,715.94
Crown Agents' De-
Suspense Account... 1,194.00 posit Account, (P. W. D.),.... 5,689,423.99
Unallocated Stores, 482,762.16
Unallocated Stores, (Railway), 234,500.02
Coal Account, 43,087.20
Investment Account, 5,752,496.18*
Balance at Banks, 603,279.16
Crown Agents' Current Account, 22,835.96
Total Liabilities,... 3,225,131.68
; Balance, 12,658,642.41
Total...... 15,883,774.09
Total,...... 15,883,774.09
*Invested as follows:-
Value of Stock. Actual Cost. Market Value.
Hongkong 6% War Loan, 1921-23, ...$120,000.00 4% Funding Loan, $120,000.00 $120,000.00 1960-1990, ........... £835,000 0s. 0d. £662,991 14s. 9d. £722,275 0s. 0d. (864)
A (1) 2
Miscellaneous expenditure exceeded the estimate by $1,099,859
mainly due to:-
University,
...
Transport of Government Servants...
Visit of H. R. H. Prince of Wales Expenses of Strike
Food Control Expenses
Loss on Subsidiary coins
...
$ 200,000.00 119.891.97
127,105.10 59,394.37 55,371.98 393,818.26
$ 955,581.68
Military Expenditure exceeded the estimate by $355,260 due to increase in revenue.
The Education Department decreased $116,202 on account of unpaid Building Grant and other savings while Public Works Extraordinary saved $3,035,665 because the programme of works placed in the Estimates was not carried out,
5. The revenue for the year exceeded the expenditure by a sum of $3,728,062.
6. The following statement shows the Liabilities and Assets on the 31st December, 1922 :-
LIABILITIES.
$
(.
ASSETS.
$.
C.
Deposits not Available,
957,097.15 Subsidiary Coius,
1,825,393.47
Advances,
252,092.46
Postal Agencies,..
35,636.42
Building Loans,
966,700.00
Imprest.
3,497.55
Shipping Control A ̧c., | 2,231,204.11 |
House Service Ajc.,
7,715.94
Crown Agents' De-
Suspense Account...
1,194.00
posit Account,
(P. W. D.),....
5.689,423.99
Unallocated Stores,
482,762.16
Unallocated Stores,
(Railway),
234,500.02
Coal Account,
43,087.20
Investment Account,
5,752,496.18*
Balance at Banks,
603,279.16
Crown Agents' Cur-
rent Account,
22,835.96
Total Liabilities,... 3,225,131.68
;
Balance,
12,658,642.41
Total...... 15,883,774.09
Total,...... 15,888,774.09
*Invested as follows:-
Value of Stock.
Actual Cost.
Market Value.
Hongkong 6% War
Loan, 1921-23, ...$120,000.00 4% Funding Loan,
$120,000.00
$120,000.00
1960-1990,
...........
£835,000 0s. 07.
£662,991 14*. 9jd. £722,275 Os. Od. (864)
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