CO129-320 - Governor Sir Blake Acting Governor May - 1903 [11-12] — Page 322

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

310

25.000

50.000

5.000

20000

25000

Naval Establishment Hong Kong

Land required 50 acres or 2,178,000 sq. ft.

One acre = 4840 sq. yards, one yard = nine feet

say at $3 per foot = $6,534,000

at Ex. rate of 1/2 = £517,275

add interest; at 5% per annum for ten years

£258,637

money for the old site will not be received for ten years

Cost of Construction say £1,250,000

Interest on same calculated as follows viz.

for 1 year at 5% = £62,500

2nd year £12,500

3rd year £18,750

4th year £25,000

5th & 6th year £31,250 & £37,500

£343,750

Estimated total cost £2,338,412

Note: if site costs more than $3 per foot, the total would be increased accordingly.

It is taken for granted that the machinery would be removed from the old Yard to the new establishment.

The site of the present Naval Yard, including reclamations, docks, basins, etc., contains 39¼ acres = 1,709,730 sq. feet, which would probably realize, including buildings and material, $15 per foot, say $25,645,950

at Exchange rate of 1/7 = £3,663,707 (approx. £3,030,304)

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2026-06-01 11:30:36 · NVIDIA / meta/llama-4-maverick-17b-128e-instruct
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310 25.000 50.000 5.000 20000 25000 Naval Establishment Hong Kong Land required 50 acres or 2,178,000 sq. ft. One acre = 4840 sq. yards, one yard = nine feet say at $3 per foot = $6,534,000 at Ex. rate of 1/2 = £517,275 add interest; at 5% per annum for ten years £258,637 money for the old site will not be received for ten years Cost of Construction say £1,250,000 Interest on same calculated as follows viz. for 1 year at 5% = £62,500 2nd year £12,500 3rd year £18,750 4th year £25,000 5th & 6th year £31,250 & £37,500 £343,750 Estimated total cost £2,338,412 Note: if site costs more than $3 per foot, the total would be increased accordingly. It is taken for granted that the machinery would be removed from the old Yard to the new establishment. The site of the present Naval Yard, including reclamations, docks, basins, etc., contains 39¼ acres = 1,709,730 sq. feet, which would probably realize, including buildings and material, $15 per foot, say $25,645,950 at Exchange rate of 1/7 = £3,663,707 (approx. £3,030,304)
Baseline (Original)
310 25.000 50.000 5.000 20000 25000 Naval Establishment Hong Kong Land required 50 acres or 2.178.000 Best Lone aere = 4840 Yards one yard nine fect say at $3 per foot = $6.534,000 at Ex of 1/2 = £517.275 ofdd interest; at 50% peran for tone years money for the old site wit not be received for ten years } # 258.637 Cost of Construction say to 1250.000 output on saman calculated as follows uz for 1 year at 5% = # 6.250 4 Lend Year third 4 12500 18750 fouertt 25000 Fifth sixth 31250 37.500 5200 کو کہ 00 25000 4 eighth # 43750 50000 " 50000 w # 750.000 56260 625004343.750 Estimated total cost. "ote of this site costs more than $3 per foot the total would be increased accordingly - It is taken for panted that the machinery would the removed from the old Ford to the new extablishment. site of the #2338.412- of the present raval Furd including reclamations docks badans te contains 39/4 acres = 1.709.730 feet which would probably realize including buildings and material $15 per foot sa say $25.64 $25.645.950 at Exchange of 1/72030.304
2026-06-01 11:30:36 · Baseline
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310

25.000

50.000

5.000

20000

25000

Naval Establishment Hong Kong

Land required 50 acres or 2.178.000 Best Lone

aere =

4840 Yards one yard nine fect

say at $3 per foot = $6.534,000

at Ex of 1/2 = £517.275

ofdd interest;

at 50% peran

for tone years

money for the old site wit

not be received for ten years } # 258.637

Cost of Construction say to 1250.000

output on saman

calculated as follows uz

for 1 year at 5% = # 6.250

4

Lend Year third

4

12500

18750

fouertt

25000

Fifth sixth

31250

37.500

5200

کو کہ

00

25000 4

eighth

#

43750 50000

"

50000

w

#

750.000

56260

625004343.750

Estimated total cost.

"ote of this site costs more than $3 per foot the total would be increased accordingly -

It is taken for panted that the machinery would the removed from the old Ford to the new extablishment.

site of the

#2338.412-

of the present raval Furd including

reclamations docks badans te ré

contains 39/4 acres = 1.709.730 feet which would probably realize including buildings and material $15 per foot sa

say $25.64

$25.645.950

at Exchange of 1/72030.304

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