The following is a statement of Revenue and Expenditure for the last five years.
Year. Revenue. Expenditure.
1925 $23,244,365 $28,266,817
1926 21,181,582 28,524,716
1927 21,344,536 20,845,065
1928 24,968,399 21,220,242
1929 23,554,475 21,983,257
Public Debt:-The amount of the Public Works Loan (1927) which is repayable in 1932 is $4,927,000. The Sinking Fund amounted to £51,320.
The Inscribed Stock Loans of 1893 and 1906 due for repayment in 1943 stood at £1,485,733 and Sinking Fund at £674,622.
Trade Loan:-A further 29 loans amounting to $1,556,536.86 were redeemed during the year thus reducing the number of the loans outstanding on 31st December, 1929, to 60 representing a sum of $3,340,022.22.
III.-Production.
FORESTRY, AGRICULTURE & BOTANY.
Formation of Plantations.-Planting of Pinus Massoniana and other trees was carried on chiefly in the areas which have been definitely allocated as permanent forestry reserves. 61,000 more trees were planted than in the previous year.
Insect Pests.-Pine Tree Caterpillars (Dendrolimus punctatus) made their appearance in very small numbers only, and the amount of damage done by them was negligible.
Protection of Plantations.-A large number of serious fires occurred in plantations, where not less than 10,000 mature Pine trees were destroyed. The major portion of the damage was done at the time of the Chung Yeung Festival, when the weather was exceptionally hot and dry.
Inspection of Nursery Stock.-Thirteen consignments, totalling 127,940 bulbs, of Narcissus Tazetta were inspected and certified as fit for export to Britain, United States of America and Hawaii.
One hundred and thirty-four consignments of dried vegetable products were inspected and certified as fit for export to the Philippine Islands.
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The following is a statement of Revenue and Expenditure for
the last five years.
Year.
Revenue.
Expenditure.
1925
$23,244,365
$28,266,817
1926
21,181,582
28,524,716
1927
21,344,536
20,845,065
1928
24,968,399
21,220,242
1929
23,554,475
21,983,257
Public Debt:-The amount of the Public Works Loan (1927) which is repayable in 1932. is $4,927,000. The Sinking Fund amounted to £51,320.
The Inscribed Stock Loans of 1893 and 1906 due for repayment in 1943 stood at £1,485,733 and Sinking Fund at £674,622.
Trade Loan:-A further 29 loans amounting to $1,556,536.86 were redeemed during the year thus reducing the number of the loans outstanding on 31st December, 1929, to 60 representing a sum of $3,340,022.22.
III.-Production.
FORESTRY, AGRICULTURE & BOTANY.
Formation of Plantations.-Planting of Pinus Massoniana and other trees was carried on chiefly in the areas which have been definitely allocated as permanent forestry reserves. 61,000 more trees were planted than in the previous year.
Insect Pests.-Pine Tree Caterpillars (Dendrolimus punctatus) made their appearance in very small numbers only, and the amount of damage done by them was negligible.
Protection of Plantations.-A large number of serious fires occurred in plantations, where not less than 10,000 mature Pine trees were destroyed. The major portion of the damage was done at the time of the Chung Yeung Festival, when the weather was exception- ally hot and dry.
Inspection of Nursery Stock.-Thirteen consignments, totalling 127,940 bulbs, of Narcissus Tazetta were inspected and certified as fit for export to Britain, United States of America and Hawaii.
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One hundred and thirty-four consignments of dried vegetable products were inspected and certified as fit for export to the Philippine Islands.
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