Trade.
The total value of the import and export trade of the Colony during 1948 exceeded ₤228.7 million sterling, as against only 172.9 million sterling in 1947. Total imports were over $2,000 million as against $1,500 million in 1947 and total exports were $1,500 million as against $1,200 million in 1947.
Consumption.
The average daily consumption of water is 30 million gallons. Peak daily consumption in 1948 was 40 million gallons. Existing reservoirs hold 5,970 million gallons.
During the fiscal year 1947/48 just over one million gallons of European liquor were consumed consisting in part of 846 thousand gallons of beer, 60 thousand gallons of whisky, 36 thousand gallons of brandy and 23 thousand gallons of gin. Nearly 13 million gallons of aerated water and 747 thousand gallons of Chinese liquor were also consumed.
About 1,400 million cigarettes were imported for local consumption during the fiscal year 1947/8 and about 2,500 million cigarettes were made locally; about of locally made cigarettes were exported.
Consumption of electricity increased by 60% over 1947, from 91 million units to over 150 million units.
Gas consumption increased by 25% over 1947, from 220 million cubic feet to 287 million cubic feet.
$20.5 million worth of fresh, salt or dried fish weighing about 27 thousand tons were sold in Hong Kong in 1948. This represents a catch more than three quarters as large as that of
Australia.
Miscellanoeus.
million bags
The Post Office dealt with just over half a of ordinary mail, nearly half as many again as in 1947, and 37 thousand bags of air mail, an increase of one third over the previous year, and sold over $9 million worth of stamps, an increase of nearly one third over 1947.
30,000 broadcast receiving licences were sold as against nearly 22 thousand in 1947.
Over $783 million worth of banknotes were in circulation in December 1948 as against $675 million in 1947, $231 million in 1940 and $147 million in 1935.
The monthly average figures of Hong Kong Clearing House were nearly $689 million, or £43 million, in 1948 as
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