1904-1919
HONG KONG, 1935,
(B.) INDUSTRIES.
35.
11
During 1905 supplies of all sugars were greater than during 1904, and in sympathy with other markets local prices continued to decline throughout the year. There was however a good demand for refined sugar in China, resulting in a profitable business for the two local refineries, but demand from other markets fell off owing to their being overstocked with European sugars.
As was anticipated at the end of 1904 the cotton spinning industry worked under very satisfactory conditions during the whole of 1905, and the comparatively low price of cotton, combined with an active demand for yarn, allowed of good profits being realised all through the twelve months.
The increased demand for cement from the "Green Island" Company's factory at Hok Un necessitated the raising of further capital and the provision of new plant to increase the output from 150 to 240 tons a day.
The rope factory at Kennedy Town did good business, but was not working to its full output of 20,000 lb. a day throughout the year.
There was some falling off in the repairing and docking of ships at Hong Kong, probably due to increased competition from other places.
Forty-three steam launches and other vessels with an aggregate tonnage of 3,695 were built during the year.
A new industry under European direction—that of silvering mirrors—was started at Causeway Bay.
(C.) 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 many others in the New Territory 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.
(D.) FORESTRY, BOTANICAL SCIENCE, AND AGRICULTURE.
116,780 trees were planted in Hong Kong during the year and 50,052 in the New Territory. Further experiments were initiated with a view to utilising the more barren portions of the Colony, notably with the tea-oil tree (Camellia oleifera) and the wood-oil tree (Aleurites cordata). Cotton was tried in various representative situations, but with very meagre results.
1904-1919
HONG KONG, 1935,
(B.) INDUSTRIES.
35.
11
During 1905 supplies of all sugars were greater than during 1904, and in sympathy with other markets local prices con- tinued to decline throughout the year. There was however a good demand for refined sugar in China, resulting in a profit- able business for the two local refineries, but demand from other markets fell off owing to their being overstocked with European sugars.
As was anticipated at the end of 1904 the cotton spinning industry worked under very satisfactory conditions during the whole of 1905, and the comparatively low price of cotton, com- bined with an active demand for yarn, allowed of good profits being realised all through the twelve months.
The increased demand for cement from the "Green Island" Company's factory at Hok Un necessitated the raising of further capital and the provision of new plant to increase the output from 150 to 240 tons a day.
The rope factory at Kennedy Town did good business, but was not working to its full output of 20,000 lb. a day through- out the year.
There was some falling off in the repairing and docking of ships at Hong Kong, probably due to increased competition from other places.
Forty-three steam launches and other vessels with an aggre- gate tonnage of 3,695 were built during the year.
A new industry under European direction-that of silvering mirrors-was started at Causeway Bay.
(C.) 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 many others in the New Territory 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.
(D.) FORESTRY, BOTANICAL SCIENCE, AND AGRICULTURE,
116,780 trees were planted in Hong Kong during the year and 50,052 in the New Territory. Further experiments were initiated with a view to utilising the more barren portions of the Colony, notably with the tea-oil tree (Camellia oliefera) and the wood-oil tree (Aleurites cordata). Cotton was tried in various representative situations, but with very meagre results.
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