The Inscribed Stock Loans of 1893 and 1906 due for repayment in 1943 stood at £1,485,733 and Sinking Fund at £631,051.
5. Trade Loan: A further 87 loans amounting to $3,408,560 were redeemed during the year thus reducing the number of the loans outstanding on 31st December, 1928, to 88 representing a sum of $4,697,906.13.
In four cases it was found necessary to enforce the security and this was done without loss,
III. Production.
FORESTRY, AGRICULTURE & BOTANY.
Formation of Plantations.-Certain areas were definitely allocated for the purpose of permanent forestry reserves, greatly increased areas were consequently sown with Pinus Massoniana and other trees both in situ and broadcast.
Insect Pests.-Pine Tree Caterpillars made their appearance in the early months of the year, the damage done by them was not serious.
Protection of Plantations.-The total length of fire barriers in all parts of the Colony was increased by three miles and all old barriers maintained in good condition; the presence of the barriers undoubtedly saved many plantations from serious damage and in some cases total destruction.
Cultivation of Foreign Vegetables.-The amount of foreign vegetables grown is increasing annually and such vegetables find a ready sale among the European residents.
Inspection of Nursery Stock.-Eighteen consignments totalling 17,340 bulbs of Narcissus Tazetta were inspected and certified for export to Britain and the United States of America.
Numerous consignments of dried vegetable products were inspected and certified for export to the Philippine Islands.
FISHERIES.
A considerable proportion of the boat population of Hong Kong supports itself by deep-sea fishing, in which pursuit a large number of junks are engaged. The villages of Aberdeen, Stanley, Shaukiwan, and also many in the New Territories, are largely dependent upon this industry for their prosperity. Fresh water fish is imported from Canton and the West River. There are oyster beds of considerable value in Deep Bay.
MINING.
The mineral resources of the Colony are small and little mining was done in 1928.
The Inscribed Stock Loans of 1893 and 1906 due for repayment in 1943 stood at £1,485,733 and Sinking Fund at £631,051.
5. Trade Loan: A further 87 loans amounting to $3,408,560 were redeemed during the year thus reducing the nuniber of the loans outstanding on 31st December, 1928, to 88 representing a sum of $4,697,906.13.
In four cases it was found necessary to enforce the security and this was done without loss,
III. Production.
FORESTRY, AGRICULTURE & BOTANY.
Formation of Plantations.-Certain areas were definitely allocated for the purpose of permanent forestry reserves, greatly increased areas were consequently sown with Pinus Massoniana and other trees both in situ and broadcast.
Insect Pests.-Pine Tree Caterpillars made their appearance in the early months of the year, the damage done by them was not
serious.
Protection of Plantations.-The total length of fire barriers in all parts of the Colony was increased by three miles and all old barriers maintained in good condition; the presence of the barriers undoubtedly saved many plantations from serious damage and in some cases total destruction.
Cultivation of Foreign Vegetables.-The amount of foreign vegetables grown is increasing annually and such vegetables find a ready sale among the European residents.
Inspection of Nursery Stock.-Eighteen consignments totalling 17,340 bulbs of Narcissus Tazetta were inspected and certified for export to Britain and the United States of America.
Numerous consignments of dried vegetable products were inspected and certified for export to the Philippine Islands.
FISHERIES.
A considerable proportion of the boat population of Hong Kong supports itself by deep-sea fishing, in which pursuit à large number of junks are engaged. The villages of Aberdeen, Stanley, Shaukiwan, and also many in the New Territories, are largely dependent upon this industry for their prosperity. Fresh water fish is imported from Canton and the West River. There are oyster beds of considerable value in Deep Bay.
MINING.
The mineral resources of the Colony are small and little mining was done in 1928.
No comments yet.
Private notes are available after approval.