The Hawaiian gazette., 1910-08-30
HOW TEN YEARS
GROWTH SHOWS
Territory'S Business Record for
Decade-Record Of Finan-
CiaI Improvement.

Since the organization Of territorial
little over ten years agone, the cash
on hand and floating Indebtedness of
this branch Of Uncle Sam s dominions
have been faithfully recorded as fol-
lows, as may appear in the report of
Governor Frear to Washington, said
record being noted by fiscal years:
For the fiscal year of 1901 the cash
on hand, at the end of the period, was
$75,994 81, while outstanding warrants
amounted to $176,495.45, the net flost-
ing indebtedness being $100,500. As;
there, of course, under those circum-
stances, being far from any net cash
available for the ensuing year.
The fiscal year 1902 showed $751;
l3l. 30 cash on hand, at the end there.
Of, with outstanding warrants amount
ing to 1927 ,427.s7 and net floating in
debtedness reaching $l0,296.57, about
ninety per cent less than the year pre-
ceding as far as net floating indebted
ness was concerned
For the windup of the year 1908 cash
on hand figured $73,1Sl SO and out
standing warrants amounted to $240,-
lib 40, with the net floating indebted
ness registered at $167 531.79, away up
| again, above even that of 1901.
In 1904 even more sensational figures
were observed for while the cash on
! hand at the end of the fiscal period
reached only $56,6l3. 80, the outstand
ing warrants were recorded as $780,
093 90, and the net floating indebted
| ness went as high as 1868, 4S070, the
highest figure noted in the history of
J Hawaii Territory.
Conditions were considerably better
! in the year 1905. Then the net cash on
hand at the termination of the fiscal
period was $50, 40S. 40 and the outstand-
ing warrants were 1896 O39.2S, while
the net floating Indebtedness was put
! at $576,630.79.
Heretofore there had been no net
cash available, but, at the conclusion
Of the fiscal period of 1906 things be-
gan to brighten for the Territory Then
cash on hand was $685. ,33137; outstand-
ing warrants represented liabilities to
the extent of $72 1927 90, and there was
net cash available to the healthy tune
of $263, 103.41.
I ~AA'Ni hA"b anu - Il " uaAp lhS ihoh
on hand was, for the years mentioned,
as follows: 1907, $34s,21651; 1908,
! 1891 1877 10; 1909, $453, LOG. 70; and
/ 1910, $685. 81.
/ Outstanding warrants amounted, for
1907, $34, 74O.49; for 1908, 1926, S91 n;
1909, $l7O,7ls.57; and for 1910, $146,-
247.55, while the net cash available for
the ensuing year at the end of the pc.
RODS referred to was as follows: sFor
1907, 1913, 476 OF; for 1908, $165,S45.-
As; for 1909, $685., 3ss19; and for 1910,
$69s,97O.96.
The receipts for the year were &c.,
494, 412.57, that is for the fiscal year
ended with last June, representing an
increase of SAG 1856 .76 over the amount
for the previous year. The expenditures
were 1907 ,s29.7O, an increase of $l42,.
S45.60 over the amount for the previous
year. The receipts exceeded the ex.
penditures during the last year by
( $416,5s2 81.
Honolulu water and sewer receipts
are deposited in the treasury as
( special fund by an act of the 1909 legis-
lature and do not appear in the record
of receipts also, receipts from general
licenses, water and sewer, and fines and
costs from district magistrates, except
ing Honolulu water and sewer receipts
as included in above, became county
revenues and do not appear in the rec.
ord of receipts.