(4)
E-CURRENCE:
mit
CPL
yese
The Currency of the Colony remains unchanged. For details, see I (E) of the Blue B Report for 1898, page 3.
Year 1899.
AMOUNT OF PAPER CURRENCY IN CIRCULATION.
Chartered Bank of India, Australia
and China.
Hongkong and Shanghai Banking Corporation.
National Bank of Cuina, Limited.
(5)
The totals in tons of Imports and Exports for the last 5 years are as follows:
Imports,
Exports,
1895.
3,485,504
1896. 3,425,436
2,704,974
2,661,873
In Transit, ...1,623,883
1897.
1898.
1899.
3,414,728 4,077,740 3,915,481 2,787,535 3,015,263 2,949,342 1,845,400 1,852,462 2,020,322 1,957,703
153
The following table shows the Imports and Exports of Junks in Foreign and Local trade during 98 and 1899:-
January,
February,
March,
April,
May,
June,
July,
August,
September,
October,...
November,... December,
$ 2,861,846
2,904,785
2,469,637
$ 7,380,937 8,276,109
6,902,870
$
446,085
448,083 448,721
Imports, Exports,
2,705,374
6,864,500
446,892
2,181,212
7,524,192
445,870
The principal exports are kerosine and rice.
2,049,940
7,974.167
446,538
2,053,858
7,245,418
448,800
2,605,052
6,256,547
448,410
2,832,696
6,307,833
447,072
2,966.243
6,779,418
442,294
2,990,414
7,531,433
446,265
2,919,855
7,526,644
444,374
TRADE, AGRICULTURE AND INDUSTRIES.
A-IMPORTS AND EXPORTS.
The following table shows the principal articles of Import in the years 1898 and 1899 in ves of European construction:--
Articles.
1898.
..689,251
1899.
..774,069
783,876
945,440
While British goods hold their own in the main with those of foreign manufacture, the following
ems may be specially noted:---
130,4104
2,14
Cements. Very little British Cement is now imported, the Hongkong manufacture being now chiefly used all over the East, with small quantities of Belgian make.
Rope. The local Company's article now entirely supplies the wants of the local market, to the exclusion of other manufactures, and in addition large quantities of the ped to all Eastern Ports, and Australia.
rope is ship-
Coal--Japan imports of Coal supply practically all the local market, both for steamer and manufacturing uses. Cardiff Coal is imported almost solely for Admiralty use.
Matches.--These goods are now imported entirely from Japan; few local companies also make for this market.
Metals. The principal demand in this market is for Belgian Iron owing to its cheap- ness; only small quantities of British are imported in comparison with Belgian. America will doubtless be very soon severe competitors for this trade, the facilities they have for manufacturing allowing them to import their metals as cheaply as from Belgium."
Wire Nails.-These goods up till two years ago were imported entirely from Germany, now the trade is almost entirely done from the United States, their nails being fully as good and cheaper than the German article.
Miscellaneous Articles including Hardware of all kinds, Glass, Cutlery, Beer, Cotton Hosiery and Woollen Goods come almost entirely from Germany, although America is now starting the importation of such also.
B. MINES, MANUFACTURES AND FISHERIES.
1898.
1899.
Increase.
Decrease
Beaus,
$
11,092
*
8,110
8
2.04
Bones,
600
1,800
1,300
Coal,
817,967
687,557
Cotton Yarn and Cotton,
36,011
34,470
Flour,
103,544
101,939
Hemp,
55,160
32,868
29.992
Kerosine (bulk),
67,862
61,027
6,
(case),
59,115
80,588
21.478
Lead,
4,200
6,468
2,268
Liquid Fuel,.....
2,150
2,13
Opium,
2,638
2,775
137
Pitch,
Rattan,
6,441
3,998
2.49
Rico,...
747,995
771,830
24,435
Sandalwood,.
Sulphur,
2,055 535
Sugar,
Tea, Timber, General,
267,422 6,554 46,599
1,282 506 183,162
8.1.260
The principal manufactures are :-
6,287
26
1,151,149
61,110 1,135,828
14,511
10,300
Total,...
3,388,499
Transit, ...
.$
2,020,322
3,181,605
1,957,708
64,124
271,000
62,41
Grand Total..........$ 5,408,811
5,189,808
64,124
333,127
269.500
The import of Coal had increased in an abnormal manner in 1898 which accounts for thei falling off in 1899.
There are no mines in the Colony,
Two large Sugar Refineries the products of which are exported to almost every part of the world. figures are available to show their present position, but they are in a flourishing condition.
A Rope Manufactory which entirely supplies the local market and does a large export business. de rope is made from the best Manila hemp.
A Cement Factory with a branch for the manufacture of bricks and drain pipes. The cement
this Company has practically ousted the British manufactured article from the local market, being for Civil and Military Works of all descriptions and by local engineers, architects and contractors, dis extensively exported to Japan, Manila, Straits Settlements, Australia and Pacific Coast Ports.
e works were originally situated at Macao, but a large extension has now been made in the Colony the output more than doubled. The price per barrel of 375 lbs. nett weight is from $4.00 to
50 (Silver). Bricks and pipes are largely used in the Colony and exported.
A Cotton Mill which so far, however, has hardly realised expectations.
Engineering and shipbuilding firms to the number of 8, which between them constructed 116 sels of various descriptions (principally steam vessels) of an aggregate tonnage of 5,9654 tous,
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