First that the dangers of Shanghai river and the loss of two Whaler cargoes will deter them for 6 years from frequenting it; secondly that there is always so much more and more suitable tonnage for oil to be found here than at Shanghai, and that taken altogether, this is an open and better market for oil than the Northern Port.
The storage of piece goods here for the Canton and Amoy markets has increased very considerably within the last year. This helps to account for the increased amount of tonnage which the harbor master's returns exhibit, and is satisfactory as many vessels touching here to deposit part of their cargoes before they proceed up the river, must necessarily throw some of their disbursements into our warehouses, shops and benefit our small dealers.
This is chiefly due to the formation of the River Steam Company. Their vessels now carry goods at the old Sorcha rates, and the latter have consequently been beaten off the river. Goods are now sold in Canton by the evening's post boat; and the next steamer lays them down off the Factories. Thus serving not only as a secure dépôt for goods, free from all the fire risks and insurrectionary dangers of Canton, but having all the effect of a Bonding Warehouse; as the goods are not called upon to pay duty until they are sold. Our fine go-downs here, hitherto full of emptiness, are now turned to good account, and the Colony is gradually working round to its proper basis.
Hongkong is the natural Warehouse for all our merchandize addressed to the Canton market - hitherto the old customs of the trade...
First that the dangers of Shanghai
tiver and the loss of two Whaler
car will deter them
6 year
it's banks last from frequenting it ___ secondly that there is always so much more and more suitable lonnage for oil to be found here chan
at Shanghave, and that taken allegether,
this
رجم 2002 کے کرتا ہے
open
and better
market
for oil than the Northern Pert._
The Storage & piece
goods
here for the Canton and
Amoy
markets has in creased within the last
account for the increased amount
very
Considerably
Year-
This helps to
of.
tonnage which the harbor master's
returns exhibit,
many
and is satisfactory
-vessels touching here to deposit
part of then cargoes before they process of the river, must ne essarily chuw some
of their disbursements into our
Sagars,
and
benefit &
shops and
our small dealers.
25
Me
bwe
this chiefly to the formation 333
the River Steam Company. Their vessels.
Now
bale
camy
goods at the old Sorcha rates, and the latter have consequently
been beaten off the piver.
now sold in Canton by
comes down
by
the
The
are
goods. onusten the order
evening's post boat; and
the next steamer lays them down off the Factories
only
the
the es
thus serving not
colong thus ser
pur mer
ahandizo
as a secure dépôt for. free from all the fire pisque and insan
and insurectionay
dangers of Canton, but having all the effect of a Bonding Warehouse; as the goods are not called upon to pay duty
until they
are sold _. Our fine
Our fine go-downs
here hitherto full of emptiness
Cast being
are at
turned to good account--
to good
and the Colony is gradually working round to its proper
Arses.
Hongkong
is the naturals Warehouse for all our
merchan
martie addressed to the Canton
market - hitherto the old customs of the
trade
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