1890 — Page 3

HONGKONG.

No. 18

90.

REPORT ON THE BLUE BOOK AND DEPARTMENTAL REPORTS FOR 1889.

Laid before the Legislative Council, by Command of His Excellency

the Officer Administering the Government,

1.-TAXATION,

There have been no changes under this head.

2.-REVENUE AND EXPENDITURE,

Tie Reventie amounted to $1,978,274.73, or excluding premiums from Land Sales to $1,823,549.13; - the Expenditure amounted to $1,833.718.79, including Extraordinary Works; exeluding these, ∞ $1,459,167.16.

The Revenue and Expenditure for the

Year.

Revenue.

1585..........$1,251,889.70

1886.......... 1,367,977.74 1887,.. ... 1,427,485.79 1888,......... 1,557,300.03 1889.......... 1,823,549.13

past five years

have been:-

Premiums from Land.

$ 66,658.30 34,731.59 155,238.02

Ordinary

Expenditure.

Extraordinary

Expenditure, including

Defensive Works.

$1,146,103.15

$473,147.24

1.195.236.8!

825.624.84

1.278,181.68

744,820.38

160,688.64

1,461,459,64

330,870.03

154 725.60

1,459,167.16

374,551.68

3.-LOCAL REVENUES.

The Chinese inhabitants contributed in 1889, by voluntary assessment among them-

eves, to the pay of the District Watchmen,

al received from the Government for the same object a grant-in-nid of

4.—ASSETS AND LIABILITIES.

.$7,350.13 2,084.00

On the 31st December, 1889, the assets of the Colony exceeded its linbilities by...$505,109.87 (a) The surplus assets in:—

In 1886, the liabilities exceedle the assets by..... 191,512.29 In 1887, the surplus asects were.............................

1884, were

1883.

师

.$ 729,562.02 427,692.42

$

1888.

No new joan has been raised.

Do.

$631,374.08 (b) .$ 360,649.76

5.-Puntic Dent.

Amount of present Loan. 2200,000. Amount of Sinking Fund, £17,680,

6.-Military Expenditure.

The Military Expenditure (inclusive of the Volunteer Corps) defrayed by the Colony during the

47 six years has been as follows:-

Military Contribution, exclusive of Defensive Works, and

inclusive of Volunteer Corps.

1881........ ..................$114,498.78

1883,.

$117,337.00

1886,

$124,561.68

1887.

$128,815.63

18ES,

$134,594.68

1889.

$134,261.12

Defensive Works.

Defensive Works.

$ 3,464.64

£ 650. 0.4

£12,576.10.2

$ 68,153.45 $217,901.15 $258,444.28 $ 62,115.90

$ 63,753.73

£39,230. 0.0

£43,710. 7.6

£10,036. 4.0

£ 9,678.14 *

(4) The included a sus of 150,000 debited to the last Offer, it has been ascertained that this rum has been - hårstel the Money Order Office.

(3.) A Can of £200,000 having been raised during 1887 to be paid off on the lat of March, 1907.