88
Total Capital.
Brought forward ...$ 4,884,900
Crackers
335,000
Dyeing
55,000
Electroplating
23,400
Electric Torch Batteries
144,300
Electric Hand Torches and Bulbs..
751,000
Engineering
464,100
Felt and Corks Hats
233,500
Feathers
219,000
Furniture
170,000
Flour and Rice Mills
53,500
Glass
333,100
Ink (Printing)
65,900
Knitting and Weaving
5,679,700
Leather Goods
130,500
Miscellaneous
20,690,800
Metal Wares
912,200
Medicines and Perfumery
5,940,000
Mosquito and Joss Sticks
230,000
Noodles and Macaroni
Preserves and Canning
21,000
1,175,500
Printing and Stationery Peanut Oil
4,902,500
310,000
Rubber Canvas Shoes
1,060,000
Rattan and Grass Rope
213,000
Shirts and Handkerchiefs
176,400
Sugar
345,000
Saw Mills and Box Making
924,000
Shipyards (Chinese only)
489,000
Soap
107,000
Vermillion and White Lead
205,000
$51,244,300
4. While the figures of capital can only be taken as rough estimates, they were computed from a detailed survey and are considered sufficiently accurate to demon- strate that Chinese owned and managed industry has greatly expended since 1920. It will also be observed that many more varieties of industry have been set up. )
5. A division between the industry of Ilong Kong and that of Kowloon and the New Territories is also informative, the number of factories in Hong Kong being 166 with a total capitalisation of $27,284,000, while those in Kowloon num- ber 253 with a capitalisation of $23,960,000.
6. In the course of our deliberations we visited some of these factories and heard evidence from a number of factory owners. Most of the witnesses gave evidence to the effect that the increase in the Chinese Import Tariff had adversely affected their business. We had evidence that in some cases the effect of being cut off from the China market by the high tariff had been to stop manufacture altogether and that many factories had been closed down before we commenced our delibera- tions and before this survey was made.