204
10
Hong Kong Annual Administration Reports, 1841-1941
COLONIAL REPORTS-ANNUAL,
emigrated, either from this Colony or from coast ports, as against 149,564 in 1910. Of these 112,328 arrived in British ships and 37,566 in foreign ships.
(b.) INDUSTRIES.
(i.) —Under European Management.
Engineering and Shipbuilding.-This industry has improved during the year under review.
1911.
Vessels. I.H.P. Tons. Taikoo Dockyard and Engineering Co., Ld. 9 2,281 3,650 Hongkong and Whampoa Dock Co., Ld. 13 552 703 W. S. Bailey & Co. 8 206 413 Macdonald & Co. 50 173 408 Ulderup and Schluter 55 250 210 Tung Hing Lung 192 45 48 Kwong Tak Hong 45 76 320 W. C. Jack & Co. +90 *** *** Kwong Hip Lung Co., Ld. *** *** *** Total 73 3,883 6,6091910.
Taikoo Dockyard and Engineering Co., Ld. 8 2,231 1,718 Hongkong and Whampoa Dock Co., Ld. 14 715 2,070 W. S. Bailey & Co. 4 121 200 Macdonald & Co. 3 169 160 Ulderup and Schluter 317 150 31 Total 3,553 4,298Sugar Refinery.-Various circumstances combined to cause the year 1911 to be an unfavourable one for this industry. In the early part of the year the world's prices assumed a strong downward tendency, due to heavy crops being anticipated in the main sugar-producing centres. This affected prices unprofitably in Hong Kong and the East. Later a reaction in prices took place, due to shortness in the European beet crops, and values mounted up here in common with other parts of the world, but the more prosperous results which these circumstances placed within the reach of the Hong Kong refineries were nullified by the outbreak of the Revolution, which reduced local demand to a minimum.
Cotton-Spinning.-Owing to the high prices required for cotton during the early part of last year it was impossible to work at a profit and one mill was closed for nine months. Towards the end of the year the Revolution in China dislocated business and the outlook is still unsatisfactory.