1904-1919
HONG KONG, 1907.
Expenditure.
1906.
1907.
Increase.
Decrease.
85 5 C. Non-effective charges *** General administration 333,823.31 313,652.67 海 1,404,287.42 1,034,695.00 Law and order 20,164.64 369,592.42 *** *** *** 832,919.87 847,418.62 Public health 14,498.75 *** 659,413.66 648,951.51 Public instruction 10,462.15 *** Public works *** *** 162,973.32 184,028.19 Defence 2,086,655.96 1,468,857.48 1,352,537.14 1,259,594.00 21,054.87 617,798.48 92,943.14 Total 6,832,610.68 5,757,203.47 學斷 35,553.62 1,110,960.83 Deduct increase *** ** 35,553.62 Nett decrease ... *** 歌 $ 1,075,407.21The following table shows the total revenue and expenditure for the five years 1903-1907:
Revenue Expenditure Surplus Deficit *** *** *** *** *** 1903. 5,238,857.88 6,809,047.99 1,570,190.11 1904. 6,918,403.85 6,602,280.25 316,123.60 1905. 7,035,011.78 5,396,669.48 1,638,342.30 1906. 6,376,235.30 6,951,275.26 575,039.96 1907. 6,832,610.68 5,757,203.47 1,075,407.21from which it will be seen that both revenue and expenditure for the year were lower than at any time since 1903.
(B.) ASSETS AND LIABILITIES.
At the end of the year 1907, the assets of the Colony amounted to $2,650,733.99, or, including arrears of revenue, $2,739,712.32. The total liabilities were $1,205,995.13, so that the surplus of assets
of assets over liabilities amounted to $1,533,717.19.
(C.) PUBLIC DEBT.
Inscribed Stock at 3 per cent. interest, £341,799 15s. 1d. incurred for Praya Reclamation; Central Market; water, drainage, and sewerage works, &c., to be paid off on 15th April, 1943.
Inscribed Stock at 3½ per cent. interest (loan of £1,100,000 at 4 per cent, to Viceroy of Wuchang) £1,143,933 1s. 4d. (Amount repaid by Viceroy placed to credit of Special Account £220,000, which has been advanced therefrom for Railway construction.) Sinking fund commences in 1911.
33198
A 3
1904-1919
HONG KONG, 1907.
Expenditure.
1906.
1907.
Increase.
Decrease.
85
5
C.
Non-effective charges
General administration
Law and order
***
333,823,31 313,652.67
海
1,404,287.42 | 1,034,695.00
20,164.64 369,592.42
***
***
832,919.87 847,418.62
14,498.75
Public health
***
659,413,66 648,951.51
10,462.15
Public instruction
***
Public works
***
Defence
162,973.32 184,028.19 2,086,655.96 | 1,468,857,48 1,352,537.141,259,594.00
21,054.87
617,798.48
92,943.14
Total
學斷
6,832,610.68 5,757,203.47
35,553.62 | 1,110,960.83
Deduct increase
***
**
35,553.62
Nett decrease ...
***
歌
$ 1,075,407.21
The following table shows the total revenue and expenditure for the five years 1903-1907:
Revenue Expenditure
Surplus
Deficit
***
***
***
***
1903.
1904.
1905.
1906.
1907.
C.
C.
C.
5,238,857.88 | 6,809,047.99 |6,918,403.85 7,035,011.78 | 6,602,280.25 5,396,669.48 6,376,235.306,951,275.26 6,832,610.685,757,203.47
432,812.69
157,811.60
202,401.10
32,871,41
845,076.78
from which it will be seen that both revenue and expenditure for the year were lower than at any time since 1903.
(B.) ASSETS AND LIABILITIES.
At the end of the year 1907, the assets of the Colony amounted to $2,650,733.99, or, including arrears of revenue, $2,739,712.32. The total liabilities were $1,205,995.13, so that the surplus of assets
of assets over liabilities amounted to $1,533,717.19.
(C.) PUBLIC Debt.
Inscribed Stock at 3 per cent. interest, £341,799 15s. ld. incurred for Praya Reclamation; Central Market; water, drainage, and sewerage works, &c., to be paid off on 15th April, 1943.
Inscribed Stock at 31 per cent. interest (loan of £1,100,000 at 4 per cent, to Viceroy of Wuchang) £1,143,933 1s. 4d. (Amount repaid by Viceroy placed to credit of Special Account £220,000, which has been advanced therefrom for Railway construction.) Sinking fund commences in 1911.
33198
A 3
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