While on this subject some extracts from an old record of the Forties relating to the local sugar trade may be of interest. It is recorded a few years after Hongkong was founded that the rate charged for landing sugar here and storing it for one month was three cents per "two maund bag", indicating an Indian or East Indian origin. It is mentioned in 1848 that during the past year an unusual number of vessels have loaded in the port with sugar for Sydney, most of the cargoes being at once put on board the vessels loading, from the Chinese boats bringing it, without being warehoused previous to shipment; there is much reason to anticipate an increase of this species of trade, the prices of fair quality moist sugar put on board varying from $21 to $5 per picul.
This apparently refers to unrefined sugar of varying grades.
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While on this subject some extracts from an old record of the Forties relating to the local sugar trade may be of interest. It is recorded a few years after Hongkong was
that the rate charged for landing sugar here and storing it for one month was three cents per "two maund bag", indicating an Indian or East Indian origin. It is mentioned in 1848 that during the past year an unusual number of vessels have loaded in the port with sugar for Sydney, most of the bargoes being at once put on board the vessels loading, from the Chinese boats bringing it, without being ware-housed previous to shipment; there is much reason to anticipate an increase or · this species of trade, the prices of fair quality moist sugar. put on boerd varying from $21 to $5 per pioul".
This apparently refers to unrefined sugar of verying grades.
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