Memitary contributions by Hongkong last year reached an all-time record of $5,586,415.
Government pensions, $2,559,809, and expenditure on the Police Department, $3,109,696, were also records.
Despite increased expendi jure" under these headings, the Colony's revenue during 1937 proved so buoyant that an estimated deficit of $3,498,910 became a surplus of $1,085,146, bringing the assets of the Colony, $14,002,278, to the highest level in many years.
Financial returns for the Colon; of Hongkong for the year 1937, issued this morning, disclose inci every heading except Port and teased revenue over 1936, under Harbour Dues. The estimated revenue of $28,760,250 was exceeded in every head. Actual revenue was' $33,196,368.
Estimated expenditure of. $32,259,160 was higher by $147,938 than actual expenditure, states th "Hongkong Telegraph."
Text read from the printed page and cleaned; old type leaves the occasional error.
