1920-1930
79
469
disaster: faulty navigation: rescue work praised, "specially Capt. E. R. G. R. Evans, R.N." (11/5). Private Visit of H.I.H. the Crown Prince of Japan en route for Europe (10/3). Commission of Inquiry into Child Labour appointed by H.E. the Governor (24/3). Recommendations of commission published (27/10). Suggestion that rates on tenements be increased from 13 to 20 per cent. not approved (7/4). Proposals for new and increased stamp duties introduced in the Legislative Council (14/4). Chamber of Commerce protests against new stamp duties and suggests Government loans instead (21/4). Stamp Ordinance passed into law (30/4). Inauguration of Sir William Brunyate, K.C.M.G., as Vice-Chancellor of Hong Kong University. Honorary degree of LL.D. conferred upon Dr. G. P. Jordan (7/4). Scheme outlined for transferring the Diocesan Boys' School to Kowloon (19/5). Suspension of Banque Industrielle de Chine; many small investors affected (2/7). The removal of military establishments from central districts discussed by Legislative Council (1/9). Major-General Sir John Fowler, K.C.M.G., C.B., D.S.O., appointed to the China Command (12/10). Foundations of the new Statue Pier begun (1/11). First annual meeting of the S.P.C.A. (29/11). Death of Sir Boshan Wei Yuk, Kt., C.M.G. (16/12).
Trade & Industry.-Exchange in the opening days of the year stood at 3/12. A rapid fall to 2/5 occurred and, in March, it stood at 2/23. April to September saw a steady recovery and, in October, it reached 2/11. Thenceforward, there was a decline until the end of the year, the lowest figure touched being 2/63. Cotton varied in price from about 7d. to 1/2; in yarn there were fairly heavy fluctuations and the results of the year were satisfactory. Japanese competition was not severe. The piece goods market opened with considerable supplies of high-priced stocks which could not be cleared owing to the shipment of cheaper stocks from Shanghai, while political disturbances in the interior stifled the demand. The de-
1920-1930
79
469
disaster: faulty navigation: rescue work praised, "specially Capt. E. R. G. R. Evans, R.N." (11/5). Private Visit of H.I.H. the Crown Prince of Japan en route for Europe (10/3). Commission of Inquiry into Child Labour appointed by H.E. the Governor (24/3). Recommendations of commission published (27/10). Suggestion that rates on tenements be increased from 13 to 20 per cent. not approved (7/4). Proposals for new and increased stamp duties introduced in the Legislative Council (14/4). Chamber of Commerce protests against new stamp duties and suggests Government loans instead (21/4). Stamp Ordinance passed into law (30/4). Inauguration of Sir William Brunyate, K.C.M.G., as Vice-Chancellor of Hong Kong University. Honorary degree of LL.D. conferred upon Dr. G. P. Jordan (7/4). Scheme outlined for transferring the Diocesan Boys' School to Kowloon (19/5). Suspension of Banque Indus- trielle de Chine; many small investors affected (2/7). The removal of military establishments from central districts discussed by Legislative Council (1/9). Major- General Sir John Fowler, K.C.M.G., C.B., D.S.O., appointed to the China Command (12/10). Foundations of the new Statue Pier begun (1/11). First annual meeting of the S.P.C.A. (29/11). Death of Sir Boshan Wei Yuk, Kt., C.M.G. (16/12).
Trade & Industry.-Exchange in the opening days of the year stood at 3/12. A rapid fall to 2/5 occurred and, in March, it stood at 2/23. April to September saw a steady recovery and, in October, it reached 2/11. Thenceforward, tliere was a decline until the end of the year, the lowest figure touched being 2/63. Cotton varied in price from about 7d. to 1/2 in yarn there were fairly heavy fluctuations and the results of the year were satisfactory. Japanese competition was not severe. The piece goods market opened with considerable supplies of high priced stocks which could not be cleared owing to the shipment of cheaper stocks from Shanghai, while political disturb- ances in the interior stifled the demand. The de-
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