HONG KONG, 1919.
Emigration and Immigration.
437
9
Fifty-nine thousand nine hundred and sixty-nine (59,969) emigrants left Hongkong for various places during the year 1919, (43,830 in 1918). Of these, 25,303 were carried in British ships, and 34,666 in Foreign ships.
One hundred and thirty-six thousand and twenty (136,020) returning emigrants were reported to have been brought to Hongkong from the several places to which they had emigrated either from this Colony or from Coast Ports, as against 74,109 in 1918. Of these 92,385 arrived in British ships, and 43,635 in Foreign ships.
(b.)-INDUSTRIES.
(i.)-Under European Management.
Engineering and Shipbuilding.—The figures are as follows for the year 1919:-
Taikoo Dockyard and Eng. Co., Ltd. 6 vessels of 22,311 gross tons and 14,450 I.H.P 17,415 700 Hongkong & Whampoa Dock Co. 8 13,975 1,750 W. S. Bailey & Co. * ** 800 Kwong Tuck Cheong 9 948 > Total 25 vessels of 41,374 gross tons and 30,975 I.H.P.Sugar Refineries.-1919 was a good year. Demand from China was consistent, at steadily advancing prices, with the exception of a period of one to two months during the summer, when heavy speculation destroyed all confidence in the market. During the latter part of the year the incidence of the Japanese boycott threw an unusually heavy demand on all other sources of supply, thus adding a stimulus to an already brisk demand for Hongkong Refineds. As a matter of interest, prices of raw sugar in Java rose from f. 13 in January to f. 42 at the end of December.
India and the Persian Gulf, in common with the markets the world over, have felt the pinch of a general shortage of supply, and there were demands from all sources for Refineds, much in excess of Hong-kong's capacity for export.
Yarn. The quantity of Yarn imported into the Colony during 1919 was greater than during any of the war years, and the market on the whole kept very steady.
Yarn prices dropped slightly at the commencement of the year and reached their lowest in April/May, when 10s. Yarn was sold at $190 per bale. The price then advanced, and at the end of the year business was done at over $260. Yarn of higher counts, say 20s., rose from $260 to $365.
The total quantity of Indian Yarn imported during the year amounted to 142,000 bales, and 22,000 bales were brought forward from the previous year.
Clearances were very good and totalled 147,000 bales, leaving a carry over of 17,000 bales.
Speaking generally, the year has been a profitable one for both merchants and dealers.
1904-1919
HONG KONG, 1919.
Emigration and Immigration.
437
9
Fifty-nine thousand nine hundred and sixty-nine (59,969) emigrants left Hongkong for various places during the year 1919, (43,830 in 1918). Of these, 25,303 were carried in British ships, and 34,666 in Foreign ships.
One hundred and thirty-six thousand and twenty (136,020) returning emigrants were reported to have been brought to Hongkong from the several places to which they had emigrated either from this Colony or from Coast Ports, as against 74,109 in 1918. Of these 92,385 arrived in British ships, and 43,635 in Foreign ships.
(b.)-INDUSTRIES.
(i.)-Under European Management.
Engineering and Shipbuilding.—The figures are as follows for the year 1919:-
Taikoo Dockyard and Eng. Co., Ltd... Hongkong & Whanapon Doi Chan da
W. S. Bailey & Co.
Kwong Tuck Cheong
6 vessels of 22,311 gross tons and 14,450 I.H.P
9
8
*
17,415 700
948
>
##
**
13,975 1,750
**
"
800
Total
25 vessels of 41,374 gross tons and 30,975 I.H.P.
Sugar Refineries.-1919 was a good year. Demand from China was consistent, at steadily advancing prices, with the exception of a period of one to two months during the summer, when heavy speculation destroyed all confidence in the market. During the latter part of the year the incidence of the Japanese boycott threw an unusually heavy demand on all other sources of supply, thus adding a stimulus to an already brisk demand for Hongkong Refineds. As a matter of interest, prices of raw sugar in Java rose from f. 13 in January to f. 42 at the end of December.
India and the Persian Gulf, in common with the markets the world over, have felt the pinch of a general shortage of supply, and there were demands from all sources for Refineds, much in excess of Hong- kong's capacity for export.
Yarn. The quantity of Yarn imported into the Colony during 1919 was greater than during any of the war years, and the market on the whole kept very steady.
Yarn prices dropped slightly at the commencement of the year and reached their lowest in April/May, when 10s. Yarn was sold at $190 per bale. The price then advanced, and at the end of the year business was done at over $260. Yarn of higher counts, say 20s., rose from $260 to $365.
The total quantity of Indian Yarn imported during the year amounted to 142,000 bales, and 22,000 bales were brought forward from the previous year.
Clearances were very good and totalled 147,000 bales, leaving a carry over of 17,000 bales.
Speaking generally, the year has been a profitable one for both merchants and dealers.
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