2
(a)-GENERAL REVENUE AND EXPENDITURE,
The following is a brief abstract of Revenue and Expenditure for the years 1905 and 1906:--
Revenue.
(b.)-ASSETS AND LIABILITIES.
At the end of the year 1906, the assets of the Colony amounted to $1,665,328.59, or including arrears of revenue $1,808,589.24. The total liabilities were $1,013,092.48 so that the surplus of assets over liabilities amounted to $795,496.76.
1905 1906 Increase Decrease $ $ C. 2,004.70(c.)-PUBLIC DEBT.
There is an ordinary public debt of £341,799 15s. 1d. outstanding. The original debt was incurred in connection with the Praya Reclamation, the Central Market, and Water, Drainage and Sewerage Works. Interest at 3.3 per cent. is payable on the loan, which is being paid off by a Sinking Fund now amounting to £42,298 1s. 10d.
Towards the close of 1905 the Government lent to the Viceroy of Wuchang a sum of £1,100,000 bearing interest at 4.4% for purposes connected with the Canton-Hankow Railway. To meet this expenditure a loan was raised in London in February, 1906, at an average price of £99 18s. 9d. per cent., bearing interest at the rate of 3.3%, the total cost, including expenses of issue, being £1,143,933 1s. 4d. A sum of £110,000 has been repaid by the Viceroy, and has been credited to a fund provided to defray the cost of the Kowloon-Canton Railway, now in course of construction.
1905 1906 Increase Decrease $ $ $ $ $ C. Light Dues,... 71,233.45 77,722.01 8,498.50 Licences and Internal Revenue unt other-wise specified, 4,725,006.25 4,765,227.78 39,321.53 Fees of Court, &c., 417,417.37 470,151.63 82,734.16 Post Office,........ 414,838.19 420,454.04 5,615.85 Reut of Government Property, 672,161.82 826,609.20 154,587.38 Interest, Miscellaneous, 121,491.63 53,747.24 67,744.41 Water Account, Land Sules, 392,239.76 315,733.21 76,526.55 Amount transferred from Praya Reclama-tion Fund, 90,022.24 90,022.24 Total,. 6,918,408.95 7,095,011.78 352,905.83 Deduct Decrease,.. 236,297.90 Nett Increase, 116,607.99Expenditure.
1905 1906 Increase Decrease $ $ $ $ C. Non-effective Charges, 365,108.59 333,823.31 31,285.29 General Administration, 1,226,584.57 1,404,287.42 177,702.85 Law and Order, 846,275.69 832,919.87 13,355.82 Public Health, 653,420.65 659,413.66 5,993.01 Public Instruction, 162,277.58 162,978.32 695.74 Pablic Works... 2,276,646.79 2,086,651.96 189,990.83 Defence,..... 1,420,961.39 1,852,537.14 68,424.25 Total,... 6,951,275.26 6,832,610.68 184,391.60 Dedact Increase,-. 184,391.60 Nett Decrease, $119,664.58II-TRADE AND SHIPPING, INDUSTRIES, FISHERIES, AGRICULTURE AND LAND.
(a.) TRADE AND SHIPPING.
The total Tonnage entering and clearing at Ports of the Colony during the year 1906 amounted to 32,747,268 tons, being a decrease, compared with 1905, of 1,437,823 tons. This decrease is more than accounted for by the falling off in local and foreign junk trade and in local launch and river steamer trade, due mainly to the total loss or temporary disablement of a large number of small sized vessels in the typhoon of the 18th September.
A comparison between the years 1905 and 1906 is given in the following Table :—
1905 1906 Increase Decrease Ships. Tonnage Ships. Tonnage Ships. Tonnage Ships. Tonnage British Ocean-going 3,995 | 7,672,324 3,607 | 7,189,471 388 | 482,853 Foreign Ocean-going 3,845 | 7,488,785 4,287 | 7,003,495 442 | 1,272,710 Foreign River Steamers 975 | 659,597 1,071 | 667,017 96 | 8,420 British River Steamers 1,800 | 31,146 920 | 256,029 880 | 1,281,000 S'ships under 60 tons (Foreign Trade) 5,822 | 1,181,569 4,353 | 917,778 1,469 | 263,791 Junks in Foreign Trade 11,651 | 810,508 12,718 | 854 1,067 | 44,346 Junks in Local Trade 38,475 | 2,875,440 28,132 | 2,610,411 10,343 | 265,029 Stenin launches plying in the Colony 337,913 | 169,312 333,860 | 251,536 4,053 | 82,224 Grand Total 153,758 | 34,185,091 426,725 | 32,747,208 23,207 | 2,382,163The following Table shows the total revenue and expenditure for the five years 1902-1906:--
Revenue Expenditure Surplus Deficit 1902 $4,901,078.70 $5,238,857.88 $337,779.18 1903 $5,396,669.48 $6,376,235.80 $979,566.32 1904 $6,809,047.99 $5,909,548.51 $899,499.48 1905 $6,918,403.85 $6,951,276.26 $32,871.41 1906 $7,085,011.78 $6,832,610.68 $202,401.10Page 5
}
2
(a)-GENERAL REVENUE AND EXPENDITURE,
The following is a brief abstract of Revenue and Expenditure for the years 1905 and
1906:--
Revenue.
(b.)-ASSETS AND LIABILITIES.
At the end of the year 1906, the assets of the Colony amounted to $1,665,328.59, or including arrears of revenue $1,808,589.24. The total liabilities were $1,013,092.48 so that the surplus of assets over liabilities amounted to $795,496.76.
1905.
1906.
Increase.
Decrease.
C.
2,004.70
(c.)-PUBLIC DEBT.
There is an ordinary public debt of £341,799 15s. Id. outstanding. The original debt was incurred in connection with the Praya Reclamation, the Central Market, and Water, Interest at 33 per cent. is payable on the loan, which is Drainage and Sewerage Works. being paid off by a Sinking Fund now amounting to £42,298 Us. 10d.
Towards the close of 1905 the Government lent to the Viceroy of Wachang a sum of £1,100,000 bearing interest at 44% for purposes connected with the Canton-Hankow Railway, To meet this expenditure a loan was raised in Loudon in February, 1906, at an average price of £99 18. d. per cent., bearing interest at the rate of 33%, the total cost, including expenses of issue, being £1,143,933 1s. 4d. A sum of £110,000 has been repaid by the Viceroy, and has been credited to a fund provided to defray the cost of the Kowloon-Canton Railway, now in course of construction.
$
c.
Light Dues,...
wise specified,
71,233.45
$ 77,722.01
C.
$
8,498.50
Licences and Internal Revenue unt other-
4,725,006.25
4,765,227.78
39.321.53
Fees of Court, &c.,
417.417.37
470,151,63
82,734.16
Post Office,........
414,838.19
420,454.04
Reut of Government Property,
672,161.82
826,609.20
5,615,85 154,587.38
Interest,
Miscellaneous,
10,078.12 121,491.63
8,068.42 53,747.24
67,744,41
Water Account,
Land Sules,
90,022.24 392,239.76
90,022.24
315,733.21
76,526.55
Amount transferred from Praya Reclama-
tion Fund,
Total,.
6,918,408.95
97,208 32
7,095,011.78
97,208.32
352,905.83
236,297.90
Deduct Decrease,..
Nett Increase,
236,297.90
116,607.99
Non-effective Charges,
General Administration,
Law and Order, Public Health, Public Instruction, Pablic Works... Defence,.....
Expenditure.
1905.
$
C.
1906.
$3
Increase.
Decrease.
e.
*
$
f.
365,108.59
1,226,584.57
333,823.31 1,404,287.42
31,285.29
177,702.85
846,275.69
832,919.87
13,355.82
653,420.65
659,413,66
5,993.01
162,277.58
162,978.32
695.74
2,276,646.79 2,086,651.96 1,420,961.39 1,852,537.14
189,990.83
68,424.25
Total,...
6,951,275,26
6,832,610.68
184,391.60
303,056.18
Dedact Increase,-.
Nett Decrease,
184,391.60
$119,664.58
II-TRADE AND SHIPPING, INDUSTRIES, FISHERIES, AGRICULTURE AND LAND.
(a.) TRADE AND SHIPPING.
This
The total Tonnage entering and clearing at Ports of the Colony during the year 1906 amounted to 32,747,268 tous, being a decrease, compared with 1905, of 1,437,823 tous. decrease is more than accounted for by the falling off in local and foreign junk trade and in local launch and river steamer trade, due mainly to the total loss or temporary disablement of a large number of small sized vessels in the typhoon of the 18th September.
A comparison between the years 1905 and 1906 is given in the following Table :—
1905.
1906.
Increase.
Decrease.
Ships. Tonnage, Ships. Tonnage. Ships. Tonnage. Ships. Toninge.
The following Table shows the total revenue and expenditure for the five years 1902-1906:--
f.
$
$ 4,901,078.70 5,238,857.88 6,809,047.99 5,909,548.51 5,396,669,48 6,376,235.80
1905.
$
..
6,918,403.85 6,951,276.26
1902,
1903.
1904.
$
Revenue, Expenditure,
Surplus,
Delicit,....
432,812.69
1,008,474.81
157,811.60
32,871.41
1906.
$
7,085,011.78 6,832,610.68
202,401.10
going, British River
Steamers,.... Foreign River
Steamers,.....
S'ships under 60
71.448 878 10,262 Junks in Foreign 38,475 2,875,440 28,132,610,411
British Ocean-
going.
3,995 | 7,672,324 | 3,607 | 7,189,471
298 489.853
Foreign Ocean-
3,845
7,488
5,820,785 | 4,287| 7,003,495
3,354,022| 6,461|| 4,842,50)
442 1,272,710
1,024 711,521
975
659,597 1,071 667,017 06 8,3204
tons (Foreign
Trade)..........
Travie,
1,800
920 31,146
5,822 256,029
538 1,281,000 7,500 1,181,569
4.353 917,778
11,651 B10,508
538 1,281,080 238,570 12,718,854
(23,032 |1,437,829
Toral.......$1,578 | 22,433,616 |44,550 | 22,403,077
Stenin launches
plying in the 337,913 0,169,312 333,860 $,251,536 Colony Junks in Local!
Trade,..
Grand Tutal,... 153,758 ; 34,185,091 | 426,725 | #2,747,208
(03,207, 2.382,163 $1,610 || 2,042,655
NETT
Including 32, 124 Conservancy and Dust Boats of 1,176,625 tons. ↑ Including 23,430 Conservancy and Dust Boats of 858,746 tons.
5
Page
No comments yet.
Private notes are available after approval.