Cultivation of Foreign Vegetables. - Increased interest is being shown by residents of the New Territories villages in the cultivation of this crop during the winter months; formerly the major portion of the Padi fields were kept empty for at least three months during the year.
Botanical
Typhoon Damage.--Numerous large trees in the Gardens, streets and roads on the Island and in the New Territories were destroyed by the gale which passed close to the Colony on August 22nd.
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 1929.
MANUFACTURES.
Sugar.-Hong Kong sugars were more in demand during 1929 than in the previous year, but markets were difficult and results disappointing. The continuation of the anti-Japanese boycott in China induced cautious buying for the first half of the year, and later, on its removal, stocks of sugar at abnormally low prices were forced on the market. Political unrest in China considerably curtailed business throughout the year.
Hosiery. There are established in the Colony over a score of Chinese-owned factories for the knitting of cotton hosiery and singlets. The factories use, except for the higher grades, Japanese yarn and find an ever-increasing demand for their products in South Africa, the Persian Gulf, and in many parts of the near East, wherever there is a large native population. Business in hosiery manufactured at local knitting factories compares unfavourably with the volume in 1928. Low Japanese grades were less affected than manufactures of better class British yarns. Prospects appeared to be good during the early months of 1929, but an unexpected lack of enquiry set in about March, which left the trade considerably overstocked with both yarn and hosiery. The position at the end of the year showed signs of improvement, but was far from normal.
Ginger. A dozen ginger-preserving establishments deal with the raw product which is imported from South China and supplied principally to Great Britain, Holland, the U.S.A. and Australia,
8
Cultivation of Foreign Vegetables. -Increased interest is being shown by residents of the New Territories villages in the cultivation of this crop during the winter months; formerly the major portion of the Padi fields were kept empty for at least three months during the year.
Botanical
Typhoon Damage.--Numerous large trees
large trees in the in the Gardens, streets and roads on the Island and in the New Territories were destroyed by the gale which passed close to the Colony on August 22nd.
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 consider- able value in Deep Bay.
MINING.
The mineral resources of the Colony are small and little mining was done in 1929.
MANUFACTURES.
Sugar.-Hong Kong sugars were more in demand during 1929 than in the previous year, but markets were difficult and results disappointing. The continuation of the anti-Japanese boycott in China induced cautious buying for the first half of the year, and later, on its removal, stocks of sugar at abnormally low prices were forced on the market. Political unrest in China considerably curtail- ed business throughout the year.
Hosiery. There are established in the Colony over a score of Chinese-owned factories for the knitting of cotton hosiery and singlets. The factories use, except for the higher grades, Japanese yarn and find an ever-increasing demand for their products in South Africa, the Persian Gulf, and in many parts of the near East, wherever there is a large native population. Business in hosiery manufactured at local knitting factories compares unfavourably with the volume in 1928. Low Japanese grades were less affected than manufactures of better class British yarns. Prospects appeared to be good during the early months of 1929, but an unexpected lack of enquiry set in about March, which left the trade considerably overstocked with both yarn and hosiery. The position at the end of the year showed signs of improvement, but was far from normal.
Ginger. A dozen ginger-preserving establishments deal with the raw product which is imported from South China
South China and supplied principally to Great Britain, Holland, the U.S.A. and Australia,
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