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emigrated either from this Colony or from Coast Ports, as against 136,020 in 1919. Of these, 87,786 arrived in British ships, and 34,672 in Foreign ships.

Statement of Number of Emigrants to Straits Settlements, 1910 to 1920, compared with Total Chinese Emigration.

1910,...

1911....

to

No, of Emigrants

Straits Serilements,

Total No. of Emigrants.

76,705

111,058

100.000

135,565

1912,.

- 84,024-

122,657

1913,...

102,353

142,759

1914,...

44,974

76,296

1915,

41,278

68,275

1910,

82,797

117,653

-1917,...

63,292

96,298

1918,..

8,019

43,830

1919,

11,638

59,969

1920,..

43,935

105,258

(b.)-INDUSTRIES.

(1.)—Under European Management.

Engineering and Shipbuilding.-The figures are as follows for the year 1919 and 1990

1910.

Taikoo Dockyard and Eng. Co., Ld... 8 resale of 22,311 grone toge od 14,450 I.H.P. Hongkong & Whamps Dock Co., Id., 9 W. S. Bailey & Co., Ld.......... Kwong Tuck Cheong,

1

8

17,415

13,975

708

1,350

H

948

200

17

Total,

.25 vessels of 41,374 gross tons and 30,075 I.FL.P.

Hongkong and Whampoa Dock Co,, Ld., 5 vessels of 37,935 groes toos and 11,500 L.B.P. Taikoo Dockyard and Eng. Co., 1,...

W. 8. Bailey & Co, Ld.,

Kwong Hip Lung Co., Ld.,

Kwong Sang Loong,--

Hung Fat,

A King....

Total,

H

11

13,600

9,700

11

.22

1,197

1,336

60

17

356

30

"

1,374

85

"

H

7

48

71

276

ני

It

..62 vessels of 54,658 groes tons and 22,975 L.E.P.

Sugar Refineries.-1920 was a phenomenal year. Prices of Raw Sugar Buctuated but very little during the first few months of the year, but in April news was received of a very large reduction in the estimate of the Cuban Crop, which caused a rapid rise in prices the world over, raws in Java rising from 10 to 75 Guilders per

15 -

picul between April and May, whilst Cubans which were quoted at about 9 cents previous to the revised estimate reached over 21 cents, After large quantities of Sugar had passed hands at these exceptional rates a slump took place, which was largely brought about by the over-anxiety of America to fill ber shortages and prices fell away equally rapidly, the actual difference between the highest and lowest prices touched between the middle of May and December being 61 Guilders a picul.

The Refined markets follow the upward trend of prices to a certain extent in April and May and satisfactory sales were made to India, America and Europe both for prompt and forward deliveries.

Demand from China was consistent throughout the year but for the first six months prices were disappointing.

Farm. The Yarn trade during 1020 was very unsatisfactory and resulted in severe losses to native dealers, some of the smaller ones being forced to close down.

Trade was brisk until March but the Japanese financial crisia and the raising of the embargo on Japanese Yarn exports brought down prices with a run and so far there has not been any reasonable reaction from this collapse.

The total quantity of Indian Yarn imported into the Colony during the Year amounted to 120,000 bales and 17,000 bales were brought forward from the previous year.

bales.

Clearances totalled 112,000 bales leaving a carryover of 25,000

Cotton. Middling American Cotton in Liverpool was quoted in January at 28-50d. for spot, it declined to 27:382. at the end of January, but then rose until on 18th February it reached the phenomenal height of 31-18d. It has since gradually fallen away, with an occasional setback, to 885d. at the end of the year (lowest since August, 1910).

The year opened with Exchange at 4/11 T/T. It advanced rapidly and reacted its topmost height of 6/2 T/T. on 10th February, It then reacted and declined steadily with one or two small setbacks until the close of the year, when T/Ts. on London were quoted at 3/2.

Rope Making, 1990.-The demand for Manila Cordage was not so good and the total turnover showed a falling off from that of the previous twelve months. The high rate of exchange which ruled throughout the year adversely affected our business with gold standard countries to a large extent.

Cement Manufacture.-Although exchange ruled very high throughout the year, there developed a very good demand from all markets and prices rose all round. The turnover was a record one.

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