60
8
Hong Kong Annual Administration Reports, 1841-1941
COLONIAL REPORTS-ANNUAL.
Emigration and Immigration.
Ninety-eight thousand three hundred and ninety-three (98,393) emigrants left Hongkong for various places during the year 1922 (156,011 in 1921). Of these, 52,638 were carried in British ships and 45,755 in foreign ships.
One hundred and forty-three thousand five hundred and forty-seven (143,547) 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 159,064 in 1921. Of these, 85,057 arrived in British ships and 58,490 in foreign ships.
(b.)-INDUSTRIES.
(i.)—Under European Management.
Engineering and Shipbuilding.-The figures are as follows for the year 1922 :—
6 vessels of 11,812 gross tons and 7,300 i.b.p. 22 vessels of 23,309 gross tons and 17,074 i.h.p. H.K. & Whampoa Dock Co., Ld. 11,087 174 48 Taikoo Dockyard & Eng. Co., Ld. 8,550 340 W. S. Bailey & Co., Ld. 144 Kwong Hip Lung Co., Ld. 260 A King 88 41 Kung Tuck Cheong 400 Tong Lee 80 TotalSugar.-The year 1922 saw many fluctuations in price, but on the whole was an uninteresting period. We still look for a more satisfactory state of affairs when normal production and consumption definitely returns. Trade in China was bad owing to the political unrest.
Yarn. The yarn trade during 1922 was very unsatisfactory from the point of view of importers, but the local dealers are said to have closed the year on a profitable basis.
The total quantity of yarn imported into the colony during the year amounted to 120,000 bales and 14,000 bales were brought forward from the previous year.
Clearances totalled 110,000 bales and the carry over for 1923 amounted to 24,000 bales.
Cotton-Middling American cotton was quoted in Liverpool at the commencement of the year at 11.69d. The rate declined gradually, reaching lowest point for the year on 6th February, 9.6d. A reaction set in and advances were reported until 13.60d. was reached on 16th June. During the latter half of June, July, August, September it fluctuated between that figure and 12.20d., which was reached on 29th September.
The official reports issued at the commencement of October indicated a prospective shortage and prices advanced rapidly until 15.60d. was reached on the 10th November. A slight drop was then registered, and during the last six weeks various rates were quoted between that figure at 14.56d. with 15.29d. as the final rate for the year.
60
8
Hong Kong Annual Administration Reports, 1841-1941
COLONIAL REPORTS-ANNUAL.
Emigration and Immigration.
Ninety-eight thousand three hundred and ninety-three (98,393) emigrants left Hongkong for various places during the year 1922 (156,011 in 1921). Of these, 52,638 were carried in British ships and 45,755 in foreign ships.
One hundred and forty-three thousand five hundred and forty- seven (143,547) 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 159,064 in 1921. Of these, 85,057 arrived in British ships and 58,490 in foreign ships.
(b.)-INDUSTRIES.
(i.)—Under European Management.
Engineering and Shipbuilding.-The figures are as follows for the year 1922 :—
H.K. & Whampoa Dock Co., Ld. Taikoo Dockyard & Eng. Co., Ld. W. S. Bailey & Co., Ld.
Kwong Hip Lung Co., Ld.
A King
Kung Tuck Cheong
Tong Lee
Total
6 vessels of 11,812 gross tons and 7,300 i.b.p.
11,087 174 48
•
8,550 340
**
144
*F
**
"
29
260
**
*
**
88 41
400
**
**
**
80
**
**
22 vessels of 23,309 gross tons and 17,074 i.h.p.
Sugar.-The year 1922 saw many fluctuations in price, but on the whole was an uninteresting period. We still look for a more satisfactory state of affairs when normal production and consump- tion definitely returns. Trade in China was bad owing to the political unrest.
Yarn. The yarn trade during 1922 was very unsatisfactory from the point of view of importers, but the local dealers are said to have closed the year on a profitable basis.
The total quantity of yarn imported into the colony during the year amounted to 120,000 bales and 14,000 bales were brought forward from the previous year.
Clearances totalled 110,000 bales and the carry over for 1923 amounted to 24,000 bales.
Cotton-Middling American cotton was quoted in Liverpool at the commencement of the year at 11.69d. The rate declined gradually, reaching lowest point for the year on 6th February, 9-6d. A reaction set in and advances were reported until 13-60d. was reached on 16th June. During the latter half of June, July, August, September it fluctuated between that figure and 12-20d., which was reached on 29th September.
The official reports issued at the commencement of October indicated a prospective shortage and prices advanced rapidly until 15.60d. was reached on the 10th November. A slight drop was then registered, and during the last six weeks various rates were quoted between that figure at 14.56d. with 15-29d. as the final rate for the year.
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