HONG KONG, 1910.
1910.
1909.
1908.
Chests.
Chests.
Chests.
Boiled by opium farmer
782
1,044
864
Spurious opium destroyed
14
51
247
Exported during the year
28,333
35,938
39,609
Total
29,129
37,033
40,720
Stock remaining on 31st December...
7,123
4,509
5,808
175
9
Of the several varieties of opium imported, Malwa decreased by 315 chests, or 6 per cent., Patna by 3,241 chests, or 16.6 per cent., Benares by 1,885 chests, or 22.5 per cent., and Persian increased by 2,494 chests. Of Chinese opium 1,223 chests were imported from Shanghai and re-exported to Haiphong.
Of the several varieties of opium exported, Malwa decreased by 7,354 chests or 13.8 per cent., Patna by 5,317 chests or 27 per cent., Benares by 2,273 chests or 26.8 per cent., and Persian by 517 chests or 18.8 per cent.
The trade in compounds of opium and morphia also declined considerably. In the former imports fell by 43 per cent. and exports by 47 per cent., while in the latter the decreases were 9.6 per cent. and 44 per cent. respectively.
Sugar. The imports of sugar show a considerable decrease of 94,528 tons, or 27.8 per cent., as against an increase of 89,766 tons last year. This seems to be due to an overstocked market with prices ruling low.
Cotton and Cotton Yarn.-Here is shown, again, a large increase of 10,114 tons, or 15.7 per cent., added to the increase reported last year. This seems to be borne out by facts, though the increase was in yarn entirely, hardly any cotton having been imported (owing to the high prices ruling in India, and the Chinese product being exceptionally cheap and of good quality this year). The yarn market, though considerable fluctuations in price occurred during the year, was strong, and, the demand being great and prices generally favourable, large imports were made.
Flour.-Here our returns show the enormous falling-off of 26,279 tons or 44.9 per cent. This was due to the virtual cessation of the flour trade in the Colony during the first six months of the year, owing to high prices of American flour, and the competition of the Shanghai Mills, which shipped their products direct to Chinese ports, instead of to Hong Kong for distribution. Matters improved during the last six months, owing to the Shanghai Mills being short of wheat, while such as they had was of poor quality. The result was a recrudescence of trade with Hong Kong on the part of Canton, Amoy, Foochow, &c., which ports had previously been served by Shanghai, and the import of American flour immediately recommenced in unusually large quantities.
Rice. There is an increase in this item of 183,662 tons, or 33.9 per cent. This large rise is undoubtedly due to the almost total failure of the Chinese first crops, owing to the continued drought in the spring and summer, and to the partial failure of the second crop in parts of Kwangtung. The demand for Saigon and Bangkok
1904-1919
HONG KONG, 1910.
1910.
1909.
1908.
Chests.
Chests.
Chests.
Boiled by opium farmer
782
1,044
864
Spurious opium destroyed
14
51
247
Exported during the year
28,333
35.938
39,609
Total
29,129
37,033
40,720
Stock remaining on 31st December...
7,123
4,509
5,808
175
9
Of the several varieties of opium imported, Malwa decreased by 315 chests, or 6 per cent., Patna by 3,241 chests, or 166 per cent., Benares by 1,885 chests, or 22-5 per cent., and Persian increased by 2494 chests. Of Chinese opium 1,223 chests were imported from Shanghai and re-exported to Haiphong.
Of the several varieties of opium exported, Malwa decreased by 7354 chests or 13.8 per cent., Patna by 5,317 chests or 27 per cent., Benares by 2,273 chests or 26-8 per cent., and Persian by 517 chests or 18.8 per cent.
The trade in compounds of opium and morphia also declined considerably. In the former imports fell by 43 per cent. and exports by 47 per cent., while in the latter the decreases were 9-6 per cent. and 44 per cent. respectively.
Sugar. The imports of sugar show a considerable decrease of 94,528 tons, or 27.8 per cent., as against an increase of 89,766 tons last year. This seems to be due to an overstocked market with prices ruling low.
Cotton and Cotton Yarn.-Here is shown, again, a large increase of 10,114 tons, or 157 per cent., added to the increase reported last year. This seems to be borne out by facts, though the increase was in yarn entirely, hardly any cotton having been imported (owing to the high prices ruling in India, and the Chinese product being exceptionally cheap and of good quality this year). The yarn market, though considerable fluctuations in price occurred during the year, was strong, and, the demand being great and prices generally favourable, large imports were made.
Flour.-Here our returns show the enormous falling-off of 26,279 tons or 44.9 per cent. This was due to the virtual cessation of the flour trade in the Colony during the first six months of the year, owing to high prices of American flour, and the competition of the Shanghai Mills, which shipped their products direct to Chinese ports, instead of to Hong Kong for distribution. Matters improved during the last six months, owing to the Shanghai Mills being short of wheat, while such as they had was of poor quality. The result was a recrudescence of trade with Hong Kong on the part of Canton, Amoy, Foochow, &c., which ports had previously been served by Shanghai, and the import of American flour im- mediately recommenced in unusually large quantities.
Rice. There is an increase in this item of 183,662 tons, or 33-9 per cent. This large rise is undoubtedly due to the almost total failure of the Chinese first crops, owing to the continued drought in the spring and summer, and to the partial failure of the second crop in parts of Kwangtung. The demand for Saigon and Bangkok
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