of the island. The rent of houses and shops is at present low enough to enable whoever carries on a middling trade to lodge his family, yet very few decent married females reside here. In this respect there has been very little improvement during the last year.
The importation of sugar from Tae-ping and other places was considerable during the last year, as the growers were able to sell it here cheaper on account of not paying export duties than it was at Canton, and hence this branch of commerce had many procurable sales. This will mainly depend upon the prices for which it can be brought to Hongkong and the amount it will fetch at home. Should the crops...
Page 307
5.
might compete with slave sugar, for work is cheap, and an acre planted with sugar-cane yields even at reduced prices more profits than a rice field. There is a great demand for this commodity in the northern provinces, so that the prices never can go below a certain level. The Government are rather opposed to the extension of the culture, lest paddy, the staff of life, and vegetables might be grown in smaller quantities. The foreign exportations constitute up to this time not one hundredth part of the home consumption, and have not yet materially affected the market.
Neither camphor, rhubarb, nor teas have been more abundant this season than last. There can be no doubt but the importation in 1849 will be larger. With a richer kind of cane, which is here thin and very juiceless, and good machinery, the Chinese might produce sugar fit for the European market. All those who speculated in these articles have lost, and this is the reason for their abstaining from any further attempts.
It was owing to the small demand that the first cargoes could not find ready purchasers,
4.
of the island. The rent of houses and shops is at present low enough to enable.
who carries on a
any
Iran
middling trade to lodge his
family, yet very few decent married
females
reside here. In this respect there has been
year .
The importation of sugar from
very
little improvement during
the last
A
Tae ping and other places
Avas
year very
during
is vere
considerable. The growers
to sell it here cheaper
on account of
paying export duties than it was
at Canton, and hence
branch of
COMM rerce
many
last
not
able
procurable sales. This
will mainly depe
upon the prices for which it can
brought to Hongkong.
be
n
and the amount
it will fetch at home. Should the crops
تر ترسیم
307
5.
might compete with slave sugar, for work is
· planted with sugar-
cheap, and an acre
very
Gields
even at reduced prices
anore
profits than.
however
a rice
field. There for this
Lis
commodity in the
great demand. northern provinces, so that the prices
never
a go
can
below a certain loved. The Government=
are rather opposed to the extension of the culture, lest paddy _ the staff of life, and vegetables might be grown
wn in smaller quantities. The
foreign expertations constitute up to this time not one hundredth part of the home
ČE VISUDDE
emption, and have not yet materially
affected the market.
Neither camphor, shubarb, nor teas
have
any
anore
been
of this season be
A s
abundant as
last.
brought by junks to this
year
there
Car
be no doubt but the importation_
in 1849 will be larger.
kind- of
cane,
With a richer
which is here
thin and
very
juiceless, and good, machinery, the Chinese
market. All those who speculated in these articles have lost, and this is the reason
for their abstaining from any further attempte
It was
owing
to the small demand, that
the first could, not find ready purchasers,
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