1920-1930
103
493
of Canton (23/1). Farewell reception given by H.E. the Governor, Sir Cecil Clementi, K.C.M.G., at Government House (28/1). Departure of Sir Cecil Clementi, K.C.M.G., (1/2). Appointment of a Currency Committee (28/3). Official opening of the Harbour Pipe Line by H.E. the Officer Administering the Government (31/3). Conference of the Far Eastern Meteorologists (28/4-2/5). Arrival of the new governor, H.E. Sir William Peel, K.B.E., C.M.G., (9/5). Opening of the Hong Kong Flying Club by Sir William Peel, K.B.E., C.M.G. (31/5). Piracy of s.s. Helikon (21/7). Unveiling of the portrait of Sir Cecil Clementi, K.C.M.G., in the Great Hall of the Hong Kong University by H.E. Sir William Peel, K.B.E., C.M.G. (22/9). Official Visit of H.E. the Governor of Macao Sr. Tamagnini de Souza Barbosa (19/11). Visit of the Canadian Trade Mission to the Far East (21/11-27/11). Formation of a League of Nations Society in Hong Kong at the Cathedral Hall (26/11). First Air Trip from Hong Kong to Canton (2/12). Opening of the Tung Wah Eastern Hospital Extensions (16/12). Arrival of the League of Nations' Commission of Enquiry into the Traffic in Women and Children (27/12).
Trade & Industry.-Exchange, which stood at 1/72 in January, fell progressively until it stood at 1/13 at the end of December. The opening of the year found a strong market for most light cotton fancy style and dealers made good profits. Volume of business booked in the better grades of woollens was much smaller than in previous years. In the Shoddy and Mixture (wool & cotton) sections bookings showed a marked falling off. The turnover in locally manufactured knitted goods was similar to that of 1929 which was considered satisfactory. Trade in higher grade singlets was distinctly good. From January until May flour dealers lost money owing to the continued fall in exchange and the poor demand from the interior. From June to September the market showed a better tone and the demand from outports improved. From October on
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