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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 $26,235,459 has thus been redeemed. The total issue by the Hongkong Government was of the face value of $44,099,830.
STATEMENT OF SUBSIDIARY COINS.
Received, and redeemed (from 1911)
Blue Book 1911. Amount in circulation.
$43,999,830
Since received :- Copper coin.
1919... 25,000.00
1923... 25,000.00
1924... 50,000.00
100,000
Total Amount put into circulation... $44,099,830
Less since redeemed :-
1911... $5,527,459.04
1912... $1,040,000.00
1913... $1,040,000.00
1914... $5,000,000.00
1915... $5,100,000.00
1916... $5,028,000.00
1918... $500,000.00
1922... $3,000,000.00
$26,235,459.04
Total Amount of coin in circulation in 1924... $17,864,370.96
II.-SHIPPING AND TRADE, INDUSTRIES, FISHERIES, AGRICULTURE, AND LAND.
(a) SHIPPING.
The total Shipping entering and clearing at Ports in the Colony during the year 1924 amounted to 764,492 vessels of 56,731,077 Tons, which compared with the figures of 1923 show a decrease of 13,730 vessels and an increase of 3,328,838 Tons.
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Colony by itself. In 1905 the Hongkong Government ceased to issue any subsidiary coin and in 1906 it began a policy of demonet- ising 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 $26,235,459 has thus been redeemed. The total issue by the Hongkong Government was of the face value of $44,099,830.
STATEMENT OF SUBSIDIARY COINS.
Received, and redeemed (from 1911)
Blue Book 1911. Amount in circulation.
$43,999,830
Since received :-C'opper coin.
1919...
25,000.00
1923...
25,000.00
1924...
50,000.00
100,000
Total Amount put into circulation...
$41,099,830
Less since redeemed :-
1911...
...5,527,459.04
1912...
...1,040,000.00
1913...
...1,040,000.00
1914...
...5,000,000.00
1915...
...5,100,000 00
1916...
...5,028,000.00
1918...
500,000.00
1922...
...3,000,000.00
26,235,459.04
Total Ainount of coin in circulation in 1924...$17,864,370.96
II.-SHIPPING AND TRADE, INDUSTRIES, FISHERIES, AGRICULTURE, AND LAND.
(a.) SHIPPING.
"
The total Shipping entering and clearing at Ports in the Colony during the year 1924 amounted to 764,492 vessels of 56,731,077 Tons, which compared with the figures of 1923 show a decrease of 13,730 vessels and an increase of 3,328,838 Tons.
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