CO129-484 - Governor Sir Stubbs - 1924 [1-7] — Page 250

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

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year 1905 readily absorbed at par, large quantities being taken by the neighbouring provinces of China. During 1916 ten cent pieces of the face value of $5,028,000 were shipped to Calcutta for purposes of demonetization. The discount which prevailed be- tween 1905 and 1916 may be attributed to the immense quantity of similar coin which was minted at Canton as well as to the amount of Hongkong coin minted largely in excess of the needs of the Colony by itself. In 1005 the Hongkong Government ceased to issue any subsidiary coin and in 1906 it began a policy of demonet- This policy ising all its subsidiary coin received as revenue.

was continuously followed till 1918 except during a brief period in 1911. Coin to the face value of $21,235,450 has thus been redeemed. The total issue by the Hongkong Government was of the face value of about $44,000,000,

II-SHIPPING AND TRADE, INDUSTRIES, FISHERIES, AGRICULTURE, AND LAND.

(a.) SHIPPING.

The total of the shipping entering and clearing at ports in the Colony during the year 1922 amounted to 708,244 vessels of 40,506,764 tons, which, compared with the figures for 1921, shows an increase of 35,504 vessels, with an increase of 3,145,904 tons-

Of the above, 50,427 vessels of 29,543,564 tons were engaged in foreign trade, as compared with 52,922 vessels of 27,852,616 tona in 1921.

Of vessels of European construction, 318 ocean steamers, 3,552 river steamers, and 3,243 steamship not exceeding 60 tons, entered during the year, giving a daily average of 33-2 ships, BA compared with 338 ships in 1921 and 294 ships in 1920.

The average tonnage of individual ocean vessels entering the Port has increased from 1,019 8 to 2,0686 tons, that of British ships has increased from 1,9975 to 2,1310 tons while that of foreign ships has increased from 1,8570 to 1,957'7 tons.

The average tonnage of individual river steamers entering during the year has increased from 460-5 to 598-8 tons.

That of British river steamers has increased from 570-5 to 822 8 tons, and that of foreign river steamers has increased from 316-7 to 318'9 tons.

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A comparison between the years 1921 and 1922 is given in the following table :--

192 t

1922.

Class of Vessels.

No. Tonnage.

No. Tonnage.

Increase.

Decrease.

No Twinage. No. TOULL

British

Ocean-

goling,

4,030 0,247,109

Foreign

OCBD-

goding,

5,827

British

River

Steamers

Foreign River

Steamons,

Stakmakipa under

1,810

4,547 8,688,691

10,817,413 6,095 12,282;271

5,749 3,510,201 4,865 2,731,229

580,008 2,244 732,7E5

441,003

#3

268 1,463,69

211,933

676

434 152,627

---

60 to regn

Trade)........ 6,687

Junks,

Trade,

Foreign!

27,525

Total, Foreign

Trade,

196,727 6,520 200,383

3,491,738.226,155 2,908,097

$2,222 27,052,816 50,427 29,543,564 700 2,274,567 2,496

LJIL

4,636 167

1,370

$83,600

683,039

Steam Launches |

plying lu Wa-

of the

Colony,

597,380

14,174,320, 639,554 15,903,768 42,168. 1,728,435

Lochl

- - - - - - - ר ו ו -

*23,072

†1,384,034 | 18,263 †1,119,442

4,500 274,582

672,600

43,420,070 708,244 46,566,784 42,868 4,004,025 7,305 858,231

Junts,

Trade,

Grand Total,

Set becompyu

·96;363* 3,145,784

* Leluding 11,922 Conservancy and Dust Hosts of 895,758 tons,

+

11,154

11

785,926

H

In steamships not exceeding 60 tons employed in foreign trade, there is a decrease of 107 ships with an increase in tonnage of 4,636 tons or 129 per cent. in numbers and 0-6 per cent. in tonnage. This is due to larger launches employed in Foreign trading and a number of small launches being laid up owing to the unsettled state of Canton where many small launches were commandeered by the armies.

Junks in foreign trade show a decrease of 1,370 vessels and a decrease of 583,639 tons or 519 per cent. in numbers and 99 per cent. in tonnage. This is due to a number of Junks being held up during the Seamen's Strike.

In local trade (s. between places within the waters of the Colony) there is an increase in steam-launches of 42,108 and an increase of 1,729,433 tons or 71 per cent, in numbers and 122 per cent, in tonnage. This is due to a greater number of launches being employed in towing and transporting workmen and material for reclamation work,

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240

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