320
38
Port.
Hong Kong Annual Administration Reports, 1841-1941
REPORTS EXHIBITING THE PRESENT STATE
VALUE OF FOREIGN TRADE with China in the Year 1866-continued.
NEWCHWANG,
Imports
Treasuro
Exports
Treasuro
Re-Exports
Value in Taels.
2,346,767
181,600
1,919,930
Total
359,495,455
Imports Treasure
Exports Treasure
Total
Imports and Exports Treasure
Total
(Value less Re-Exports.)
Sterling.
4,449,297
22,360
4,425,937
299,029,541
1,475,312
99,976,513
SUMMARY,
Taels 172,462,136
Sterling £57,487,378
**
40,332,530
102,923,034
13,444,177
34,307,678
43,777,755
-14,592,685
Taels 359,495,455
**
£119,831,818
Or,
Taels 275,385,170
Sterling £91,795,056
84,110,285
28,036,762
Taels 359,495,455
#
£119,831,818
Thus the total value of foreign trade with China in the year 1866 is in taels 359,495,455, or in sterling, at the average rate of 3s. 8d. per tael, £119,831,818, including the re-exports; these, however, must be deducted to arrive at the net value.
Total Value of Foreign Trade Taels 359,495,455 Deduct Re-Exports
Total
59,565,914
Taels 299,929,541
#
Sterling £119,831,818
19,855,305
£99,976,513
Thus the net value of foreign trade with China in the year 1866 is, in taels, 299,929,541, or, in sterling, at the average rate of 6s. 8d. per tael, £99,976,513.
The tariff duties paid at the foreign custom houses in 1866 amounted to the sum of taels 8,685,629, or, in sterling, £2,895,209, which, if added to the total value of foreign trade, shows the transactions of the year amounted to the sum of taels 368,181,084, or, in sterling, £122,727,027.
In round numbers the foreign trade with China in the year 1866 may be taken at £120,000,000 sterling.
Total of the Returns of 1864, 1865, and 1866.
1864 Taels 263,761,556 £87,920,518 1865 " 304,260,311 101,420,104 1866 ** 359,495,455 119,831,818 Total Taels 927,517,322 £309,172,440Increase of 1865 over 1864
Increase Taels 40,498,755 .. £13,499,586
15%
Increase of 1866 over 1865
Taels 55,235,144
18%
18 per cent.
D. B. ROBERTSON.
(Signed)