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similar coin which was minted at Canton as well as to the amount of Hongkong coin minted largely in excess of the needs of the Colony by itself In 1905 the Hongkong Government ceased to issue any subsidiary coin and in 1906 it began a policy of demonetising all its subsidiary coin received as revenue.
This policy was continuously followed till 1918 except during a brief period in 1911. Coin to the face value of $23,235,459 has thus been redeemed. The total issue by the Hongkong Government was of the face value of about $44,000,000.
II.—SHIPPING AND TRADE, INDUSTRIES, FISHERIES, AGRICULTURE, AND LAND.
(a.)—SHIPPING.
The total of the shipping entering and clearing at ports in the Colony during the year 1921 amounted to 67,680 vessels of 43,420,970 tons, which, compared with the figures for 1920, shows a decrease of 10,816 vessels, with an increase of 3,298,443 tons.
Of the above, 52,222 vessels of 27,852,616 tons were engaged in foreign trade, as compared with 43,364 vessels of 24,194,022 tons in 1920 and were distributed as follows:-
1920 1921 1920 1921 Numbers Numbers Tonnage Tonnage British Ocean-going Ships, 9.6% 8.9% 34.5% 33.3% Foreign Ocean-going Ships, 12.5 11.1 38.1 38.8 British River Steamers, 11.9 11.0 13.5 12.6 Foreign River Steamers, 4.0 3.5 2.4 2.1 Steam Launches (under 30 tons), 11.6 12.8 0.7 0.7 Trading Junks, 50.4 52.7 10.8 12.5 100.0 100.0 100.0 100.0A.B. The movements of fishing junks are not included in this Table.
Of vessels of European construction, 5,226 ocean steamers, 3,775 river steamers, and 3,336 steamships not exceeding 60 tons, entered during the year, giving a daily average of 33.8 ships, as compared with 29.4 ships in 1920 and 29.1 ships in 1919.