Sessional_Paper_1895 — Page 87

83

HONGKONG.

REPORT ON THE WIDOWS' AND ORPHANS' FUND FOR THE YEAR 1894.

Laid before the Legislative Council by Command of His Excellency the Governor,

2

No. 3/

THE WIDOWS' AND ORPHANS' FUND,

HONGKONG, 25th January, 1895.

95

SIR,--We have the honour to submit the following report on the Widows' and Orphans' Fund

for the period from 1st January to 31st December, 1894.

A Statement of Accounts of the Fund to 31st December, 1894, is appended. On 31st December, 1894, the Funds were disposed of as follows:

On Fixed Deposit, Hongkong and Shanghai Bank,

Current Account

Total,

71

$18,200.00

22.97

$18.222.97

The monthly contributions amount now to about $507.

During the period under review 53 Contributors joined the service and 45 left.

The Fund is now for the first time being drawn on for pension, $194.20 being claimed annually

by Mrs. BEAVIN, widow of an Officer late of the Public Works Department.

There are at present on the books 119 Compulsory Contributors.

Of these 119 Contributors, 41 are bachelors, 74 are married men, and 4 are widowers. There are 172 children on the books.

The average age of the three classes of Contributors (as far as it has been possible to calculate it) is as follows :

Bachelors,.... Married men, Widowers,

.30 years. ..A fraction under 37 years.

years

and 3 months. We have the honour to be,

.49

The Honourable J. H. STEWART LOCKHART,

Sir.

Your obedient Servants,

Acting Colonial Secretary,

$c.,

$c.,

&c.

N. G. MITCHELL-INNES, Chairman.

ARTHUR K. TRAVERS,

T. SERCOMBE SMITH,

F. MACHADO,

J. G. DA ROCHA, Directors.

STATEMENT OF ACCOUNT OF THE WIDOWS' AND ORPHANS' FUND

FROM JULY, 1891, ro 31ST DECEMBER, 1894.

July to December, 1891, January to December, 1892, January to December, 1893, January to December, 1894,

*

RECEIPTS.

EXPENDITURE.

BALANCE.

843.96

8.346.87

6,557.24

6,890.37

621.46 480.78 3,013.23

$43.96 7,725.41

6,076.46

3,577.14

es

$

22,638.44

* 4,115.47

18,222.97

Refunds of amounts erroneously levied,

Working Expenses,..

Pensions Paid,..

$3,384.53 918.75 112.19

$4,415.47