1920-1930
7
Colony by itself. In 1905 the Hongkong Government ceased to issue any subsidiary coin and in 1906 it began a policy of demonetising all its subsidiary coin received as revenue.
This policy was continuously followed till 1918 except during a brief period in 1911. Coin to the face value of $20,235,159 has thus been redeemed. The total issue by the Hongkong Government was of the face value of $44,049,830.
STATEMENT OF SUBSIDIARY COINS.
Received and redeemed (from 1911)
Blue Book 1911. Amount in circulation. Since received :- Copper coin. 25,000.00 25,000.00 1919... 1923... $43,999,830 50,000 Total Amount put into circulation ... $44,049,830 Less since redeemed :— 1911... ...5,527,459.04 1912... ...1,040,000.00 1913... ...1,040,000.00 1914... ...5,000,000.00 1915... ...5,100,000.00 1916... ...5,028,000.00 1918... 500,000.00 1922... ...3,000,000.00 20,235,459.04 Total Amount of coin in circulation in 1923... $23,814,370.96II.—SHIPPING AND TRADE, INDUSTRIES, FISHERIES, AGRICULTURE, AND LAND.
(a).—SHIPPING.
The total Shipping entering and clearing at Ports in the Colony during the year 1923, amounted to 778,222 vessels of 53,402,239 tons, which, compared with the figures of 1922, show an increase of 69,978 vessels, and of 6,835,475 tons.
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Page 91
1920-1930
7
Colony by itself. In 1905 the Hongkong Government ceased to issue any subsidiary coin and in 1906 it began a policy of demonet ising all its subsidiary coin received as revenue.
This policy was continuously followed till 1918 except during a brief period in 1911. Coin to the face value of $20,235,159 has thus been redeemed. The total issue by the Hongkong Government was of the face value of $44,049,830.
STATEMENT OF SUBSIDIARY Corxs.
Received and redeemed (from 1911)
Blue Book 1911. Amount in circulation.
Since received :-Copper coin.
25,000.00
25,000.00
1919...
1923...
$43,999,830
50,000
Total Amount put into circulation ... ...$44,049,830
Less since redeemed :—
1911...
...5,527,459.04
1912...
...1,040,000.00
1913...
...1,040,000.00
1914...
...5,000,000.00
1915...
...5,100,000.00
1916...
...5,028,000.00
191S...
500,000.00
1922...
...3,000,000,00
20,235,459.04
Total Amount of coin in circulation in 1923...$17,814,370.06
II-SHIPPING AND TRADE, INDUSTRIES, FISHERIES, AGRICULTURE, AND LAND.
(a.)—SHIPPING.
The total Shipping entering and clearing at Ports in the Colony during the year 1923, amounted to 778,222 vessels of 53,402,239 tous, which, compared with the figures of 1922, show an increase of 69,978 vessels, and of 6,835,475 tons.
91
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