CO129-312 - Acting Governor Major Gen Sir Gascoigne Governor Sir Blake - 1902 [7-9] — Page 339

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

2

EXPENDITURE.

1900.

1901.

Increase.

Decronse.

$

$

$

Charge on account of Public Debt, Pensions, Departmental Expenditures, Military Contribution, &c., *..*** Public Works Extraordinary,

153,963.07 162,363.84 9,000.77

8,001,878,17 3,560,885.60 559,007.13

473,205,89 388,473.05

IL-TRADE, INDUSTRIES, FISHERIES, AGRICULTURE, AND LAND.

(4.)-TRADE AND SHIPPING.

The following table shows the principal articles of import in the year 1901 in vessels of European construction, compared with similar returns for 1900. The figures represent the tonnage:-

3,628,447.134,111,722.49

568,008.20

84,732,84

84,732.84

Aricles.

1900,

1901.

Increase.

Decrease.

Dednet Decrease,

Nett Increase.............

84,732.84

$463,275.86

Beans, Coal,

560

1,045,812

Cotton Yarn and Cotton,..

19,993

1,290 917,144 14,423

730

128,668

5,570

Flour,...

154,111

145,287

8,824

Homp,

54,105

31,195

22,910

Kerosine, (bulk),

64,732

70,728

5,996

(case),

69,979

77,977

*7,998

Revenue for 1901,......................

.$4,213,893.22

Liquid Fuel,

2,759

3,973

1,214

Lead,

2,350

260

2,090

Expenditure for 1901,......... 4,111,722.49

Surplus...........$102,170.73

Opium,

3,194

2,872

822

Rattan,

10,204

3,488

6,716

Rice,

673,029

618,780

54,249

Sandalwood,

3,811

5,272

1,461

Salplor,

22

55

83

Sugar, Tea,

238,863

Timber,

6,393 $2,811

241,291 1,478 66,460

2,428

4,920

15,451

General,.

1,172,094

1,278,619

106,525

Total,..

3,604,322

3,480,987

126,885

Transit,

2,148,749

2,134,585

249,720 9,164

TOTAL REVENUE AND EXPENDITURE FOR THE FIVE YEARS 1897-1901.

Grand Total,.

5,748,071

5,615,572

126,385

258,884

Nett,.

132,499

336

1897.

1898.

1899.

1900,

1901.

$

$

$

$

Revenue, Expenditure,

Surplus,

|2,686,914.70|2,918,159.243,610,143.254,202,587.40 | 4,213,893.22 2,641,409.712,841,805,20 3,162,792.36 13,628,447.13|4,111,722.49

45,504.99 76,354.04 447,340.89 574,140.27

102,170.78

(b.)—ASSETS AND LIABILITIES.

At the end of the year under review the total Assets of the Colony amounted to $2,023,581.60, and the Liabilities to $987,058.06, thus leaving a credit balance of $1,036,523.54 not including certain arrears of Revenue amounting to $61,132.

mit

(c.)-PUBLIC DEBT.

The nature of the loans contracted by the Colony and the conditions govern- their repayment may be ascertained by reference to I (D) of the Blue Book Report for 1898, page 3.

There was a considerable decrease in coal imports as compared with 1900, but the amount imported in 1900 was far above the average. The coal imports for 1898, also, were stated to have been abnormally large, but the returns for last year show an increase as compared with that year of nearly 100,000 tons.

The principal features to be remarked in the reported trade of the Port for the year 1901 are:-

(i.) A decrease in the Coal imports of 12.3%. (i.) A decrease in the Cotton imports of 27.8%. (iii.) A decrease in the Rice imports of 8 %. (iv.) A decrease in the Timber imports of 18.7 %. (v.) A decrease in the Hemp imports of 42.3%.

(vi.) An increase in the General imports of 9.8%.

(vii.) Also small increases in case and bulk Kerosine and in Liquid Fuel.

The nett decrease in import cargo is 123,335 tons or 3.4%.

In exports there appears to be an increase of 150,823 tons or 7.7 %.

Dr.

LOAN ACCOUNT.

To Inscribed Stock Loan at 34% interest, to be

paid off on the 15th April, 1943,

Cr.

£341,799,15.1 By Sinking Fund

£20,363.12.9

In transit cargo, a decrease of 9,163 tons or 10.4 %.

The Import Trade was very depressed throughout the year.

In the interior

of China there was much poverty, and trade was hampered by unauthorised exactions on goods beyond the confines of the Treaty Ports. The fall in the exchange of silver and the high values ruling on the home markets-especially in raw cotton and all cotton fabrics also militated severely against this branch of trade.

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