E 2
The price was maintained at the same level throughout the year, viz., $14.50 per tael.
There was a large number of seizures of illicit opium during the year. Raw opium has dropped to less than half the 1918 total. Full details are shown in Table IV.
IMPORTS AND EXPORTS OF RAW OPIUM.
4. The movements of Raw Opium will be found detailed in Tables V to VII.
SUGAR.
5. The importation of Sugar for the first nine months of the year will be found in Tables VIII and IX. The Sugar Convention Ordinance was repealed on September 19th and Certificates of Origin were no longer required. From October 1st, the imports of Sugar were incorporated in the Trade Returns published by the Statistical Department.
TOBACCO ORDINANCE.
6. The net revenue collected under the Tobacco Ordinance was $618,905.55 showing an increase over 1918 of $74,045.23. There were no changes in the Tobacco Duties during the year.
IMPORTATION AND EXPORTATION ORDINANCE.
7. Table XV shows the number of permits and other documents dealt with under this Ordinance.
TRADE STATISTICS.
8. The Statistical Department required a still larger staff this year, and as the trade grows and the countries which were practically negligible from a Far Eastern trade point of view during the war resume or establish trade relations with the Orient, this Department will inevitably grow larger still.
The collection of the information necessary for the compilation of the Trade Returns is being effected without dislocation to trade. The Department has been in close consultation with a special Sub-Committee of the Hongkong General Chamber of Commerce with regard to the introduction of new Rules under the Importation and Exportation Ordinance and it is hoped shortly to reduce the amount of inconvenience given to merchants to an absolute minimum. A complete Return of Trade was published each quarter, and a Yearly Return was issued summarising the quarterly figures and giving a comparison with the totals for 1918.
The total trade for the year amounted to £194,594,642 as compared with £130,553,309 for 1918. The Imports for 1919 were valued at £90,651,708 and for 1918 at £60,619,335, while Exports were, 1919, £103,942,934 and 1918, £69,933,974.
E 2
The price was maintained at the same level throughout the year, viz.. $14.50 per tael.
There was a large number of seizures of illicit opium during the year. Raw opium has dropped to less than half the 1918 total. Full details are shown in Table IV.
IMPORTS AND EXPORTS OF RAW OPIUM.
4. The movements of Raw Opium will be found detailed in Tables V to VII.
SUGAR.
5. The importation of Sugar for the first nine months of the year will be found in Tables VIII and IX. The Sugar Convention Ordinance was repealed on September 19th and Certificates of Origin were no longer required. From October 1st, the imports of Sugar were incorporated in the Trade Returns published by the Statistical Department.
TOBACCO ORDINANCE.
6. The net revenue collected under the Tobacco Ordinance was $618,905.55 showing an increase over 1918 of $74,045.23. There were no changes in the Tobacco Duties during the year.
IMPORTATION AND EXPORTATION ORDINANCE.
7. Table XV shows the number of permits and other documents dealt with under this Ordinance.
TRADE STATISTICS.
8. The Statistical Department required a still larger staff this year, and as the trade grows and the countries which were practically negligible from a Far Eastern trade point of view dur- ing the war resume or establish trade relations with the Orient, this Department will inevitably grow larger still.
The collection of the information necessary for the compila- tion of the Trade Returns is being effected without dislocation to trade. The Department has been in close consultation with a special Sub-Committee of the Hongkong General Chamber of Com- merce with regard to the introduction of new Rules under the Importation and Exportation Ordinance and it is hoped shortly to reduce the amount of inconvenience given to merchants to an absolute minimum. A complete Return of Trade was published each quarter, and a Yearly Return was issued summarising the quarterly figures and giving a comparison with the totals for 1918.
The total trade for the year amounted to £194,594,642 as com- pared with £130,553,309 for 1918. The Imports for 1919 were valued at £90,651,708 and for 1918 at £60,619,335, while Exports were, 1919, £103,942,934 and 1918, £69,933,974.
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