274

14

Taikoo

Hong Kong Annual Administration Reports, 1841-1941

COLONIAL REPORTS-ANNUAL.

Dockyard and

Eng. Co., Ltd. Hong Kong and Whampoa Dock Co., Ltd.

W. S. Bailey & Co.

Kwong Fook Cheong Kwong Tuck Cheong Sam Kee..

Kwong Hip Lung Co.,

Ltd.

Kwong Sze Sang

Total

**

1913.

11 vessels of 5,886 gross tons and 4,420 I.H.P.

**

9

**

15

3,304 306

**

*

*?

"

4,700 509

"

220

385

**

"

**

1,493

**

2,406

**

140

>>

**

250

**

558

**

6

380

21

1,002 720

**

59 vessels of 12,287 gross tons and 14,392 I.H.P.

Taikoo Dockyard and Eng.

Co., Ltd...

Hong Kong and Whampoa

Dock Co., Ltd.

W. S. Bailey & Co. Macdonald & Co. Ulderup & Schluter Tung Hing Lung Kwong Fook Cheong Kwong Hip Loong

Kwong Tak Cheong

1912.

8 vessels of 2,121 gross tons and 1,065 I.H.P.

6

*

15

922 491

1,275 486

53

**

**

3

197

218

*

**

**

87

120

**

*3

50

180

**

**

665

585

**

**

27

76

**

**

**

548

846

**

>>

>>

91

110

**

**

**

>>

Kwong Hip Lung Co., Ltd.

6

**

250

575

**

**

+3

Cheung Kee

1

34

79

>>

>>

11

**

206.

**

1,301

Kwong Lee

1

76

J

*F

"

102

>>

Total ..

Kwong Tak Hong

Kwong Sze Sang

0 1 1 0 - 10 m 10 -

61 vessels of 5,765 gross tons and 7,018 I.H.P.

Sugar Refineries.-The year 1913 was an unsatisfactory one. Prices, owing to severe Japanese and Java competition, were on a very low scale throughout the whole period. In addition to this, tightness of money, restriction of credit, and want of confidence in the country generally, had an adverse effect on the China market.

Cotton Spinning-The Cotton yarn trade proved somewhat disappointing during 1913, as the bright prospects under which the year opened were not fully realized owing to political unrest and chaotic financial conditions in China. The local mill, however, has worked full time and did a larger turnover than in the previous year, which would tend to show that yarns produced from China cotton (on similar lines to the Shanghai mills) are growing in favour.

It is generally felt that, granted reasonable facilities for trade, the outlook is encouraging.

Rope Manufacturing. The rise in the price of hemp in the Philippines, which was the chief feature of 1912, was well maintained during 1913, but towards the end of the year the market eased off owing to absence of enquiry from the United States. It is anticipated, however, that the crop for 1914 will be considerably below the average, and if this turns out to be the case we may expect no decline of importance during 1914. The effect of the high price of the raw material

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