125 of 1879.
Inclosure. No. 4 in Despatch
Chinese
Hee-
for superintending Schools, for the half-
Report by the Committe
year ending, 31 December 1848.
3rd March, 1849.
Remarks upon the native trade at Hong Kong during the half-year ending 31 December 1848.
AVC(85)72
1072649
335
In the absence of regular returns, I can only talk in general terms of what comes under my immediate observation: The Chinese traders are moreover very reluctant to give a true detail of their actual transactions, for fear of provoking competition; their statements are always under the real amount.
Much business is done here by small traders, who come to Hongkong from the neighbouring cities, such as Tung kwan, Nan tow, Hwei shen, and other places. They generally bring an investment of sugar and other produce for immediate consumption. They attend auctions, and buy up things from agents wherever they find them at reduced prices. In these they invest their proceeds, and sell...
125 of 1879.
Inclosure. No. 4 in Despatch
Chinese
Hee-
for superintending Schools, for the half-
Report by the Committe
year ending, 31 Sxcember
1848.
3rd March, 1849.
Remarks upon. kong during
returns,
AVC)
1072649
335
the native trade. at. Hong
1848.
In the absence of regular
can
only
talk
in
general terms
of what comes under immediate observation: The Chinese-traders are morcovers ve
very reluctant to
to give as
a. true. detail of their actual. transactions, for fear of provoking competition, their statements are always under the real
amount
Much business
is done here by small traders, who come to Hongkong from the neighbouring cities, such as Tung kwarų, Nan tow, Hwei shen, and other places. They generally bring
ریع ترین
an investment. of sugar
produce for immediate consumption. Their
attend- auctions, and buy up things
agents
wherever they find them at: reduced prices. In these they invest, their proceeds, and sell-
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