CO129-554-5 Commission of Enquiry into the Hong Kong trade depression- correspondence and report 27-3-1935 - 11-8-1935 — Page 73

Liquor

Appendix "B”.

Revenue.

1931

Tobacco

Bets and Sweeps

Entertainment

84

1932

1933

1934

Decrease since

1932

F

*2,416,838.94

*2,387,257.19

*2,172,448.51

*1,973,820.00

*413,437.19

*3,364,522.13

*3,476,137.45

*2,921,456.05

*2,953,833.88

*522,303.57

323,684.74

254,109.21

166,753.99

156,930.75

334,574.25

286,479.85

275,745.90

262,974.90

23,504.95

dollars and then converted into local currency. Average " conventional conversion rates for 1932, 1933 and 1934 -1.25, 1.24 and 1.13 respectively. *Since 1931, Import duty has been calculated in

Decrease in 1934 as compared with 1932 is partially attributable to lower conversion rate in force in 1934.

— 71 —

Appendix "C".

Table showing average monthly sterling exchange values of the Hong Kong dollar, January, 1931, to December, 1934.

1931

1932

1933

1934

d.

d.

d.

d.

January

111

1/448

1/31

1/5

February

11

1/5-30

1/3

1/548

March

11

1/3+

1/38

1/6

April

11

1/29

1/314

1/5

May

11

1/21

1/41%

1/42

June

11

1/3

1/48

1/5

July

1/-

1/3

1/4

1/60

August

11

1/318

1/44

1/61

September

1/-룑

1/4

1/42

1/6

October

1/21

1/312

1/442

1/7

November

1/418

1/4.

1/448

1/7/

December

1/5

1/3

1/418

1/81

85