117
Hong Kong
No. 28798
со 28798
458
DESPATCH.
Reed &
Regd 21 October
Ge
mor.
No.
269 1899
Sent h
previous Paper.
8797
Disposed of an
equent Paper
(Subject.)
Draft Estimates for 1900
Submits
Sir W. Hamilton
(Minutes.)
The year 1898 showed a surplus of $76,000, which was better than was originally anticipated.
The year 1899, according to the Revised Estimates here given, will show a Revenue of $3,373,000, nearly $500,000 more than the original Estimate.
This excess is chiefly caused by unexpectedly large Land Sales, which are expected to produce nearly $500,000 instead of $200,000. We are not yet aware how much of the Land had been sold by the date of the present Dispatch, and it is possible that this Estimate is over-sanguine.
The other large increases are under Taxes $40,000 and Stamps $50,000.
117
Hong Kong
No. 28798
со 28798
458
DESPATCH.
Reed &
Regd 21 October Ge
mor.
No.
269 1899
Senth
previous Paper.
8797
کر
Disposed of an
equent Paper
(Subject.)
Draft latinmates for 1900
Submits
Sir W. Hamilton
(Minutes.)
The year 1898 showed a
which was
better thaw
was
surples of $76,000.
originally anticipated.
The year 1899, according to the Revised Estimates Restart here given, will show a Revenue of $3,373000 nearly $500,000 more than the original Estimate.
by unexpectedly large are expected to produce nearly
This excess is chiefly caused.
Land Sales which
$500,000 instead of $200,000. We are not have bold hour much of the Lauch, had been sold by the of the present Dispatch, and it is possible.
over- sanguins.
dati
that this Estimate is
The other large increases during go
Taxes $40,000 9 Stamps $50,000.
are under Auched
(
.
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