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“...in terms of the Haikuan tael,
which is equal to 1 dol. 50 c. Mexican. The average exchange rate of the Haikuan
tael for the years 1910-11 has been fixed, for purposes of conversion, into sterling
at 2s. ST\d,
The standard, or rather the ordinary, currency is the Mexican dollar ; and on
a par with this there are also in circulation and everyday use Chinese dollars
(minted in Canton), Hong-Kong dollars, Straits Settlements dollars (of the old
silver standard) and the piastre of Indo-China.
The value of these dollars ordinarily fluctuates between Is. 9d. and 2s., though
extremes of Is. 6\d. and 2s. 6d. have been reached within the last 10 years.
During the year 1911, however, rates ruled unusually steady : the maximum and
minimum rates being Is. lOJrf. and Is. 9|fZ. respectively, the average for the
period being rather below the mean.
Weights and measures.—The standard Chinese weights are the picul, equal to
133$ lbs., and the catty, equal to 1-i oz.
Population.—The native populations of...”
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“...511 50 161 47
Total foreign re-exports Net total foreign import 561 516,830 208 414,443
Native Produce.
Imported Re-exported to Chinese ports......... Net total native imports Exported to— Hong-Kong ... Indo-China...... Siam ... Singapore ...... —i 54,572 965 53,607 31,376 365 31,011
274,582 2.332 3,902 3,414 230,989 2,190 1,786 5,511
Total to foreign coun- tries ... Chinese ports ... Total exports of native origin 284,230 48,000 332,230 240,476 43,158 283,634
Total value of the trade of the port ...... 904,193 902,667 729,661 729,088
Trade with foreign countries.—From the foregoing table will be
seen the course of the trade with the various countries with which this
port is intimately concerned, though this trade, and notably the
Hong-Kong portion of it, is largely—and mainly, as regards imports—
a carrying trade. Moreover, a considerable portion of this trade is
not strictly speaking " foreign " at all, comprising a,s it does many...”
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“...year.
Woollen goods.—These consist mainly of long ells (1,705 pieces,
value 1,150L), blankets and rugs (14,697 lbs., value 780Z.), woollen and
worsted yarn, and cord and British camlets.
Metals.—Over 50 per cent, of these consist of tin in slabs and tin
plates. These are used in the manufacture of tins for fruit canning.
Kerosene oil. American.—The decline in American oil, from which
a revival may be confidently expected, is due partly to the carrying
over of stocks from the abnormal import of 1910 and partly to the
insecurity of the country towards the close of 1911, when to the impossi-
bility of giving credits were added the danger of destruction in the
company's godown and the impossibility of its conveyance into the
interior of the island.
Sumatran.—The Asiatic Petroleum Company's oils showed an
increase in volume over the import during 1910, though a slight diminu-
tion in value. In both quantity and value, however, the trade in these
oils is continuing its upward tendency.
Flour...”
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“...Kiungchow.
I
Such an attempt was intended to be made during the year under
review, but it failed in consequence of the opposition of the bide dealers,
which was aroused by the scheme comprehending the command of the
entire trade.
Shipping.—Practically the whole of the coast trade, that is the
trade between this port and Swatow and Pakhoi, is in the hands of one
German firm, and German shipping had some 73| per cent, of the foreign
and 75|- per cent, of the whole of the value of the carrying trade of the
port. The share of British shipping, with no coast trade at all in either
year, rose from 8 per cent, to nearly 21 per cent, of the foreign and from
7 to 18i per cent, of the total trade in the years 1910 and 1911
respectively, the loss being almost evenly shared by German and
French shipping, the latter having declined still further and showing
signs of becoming a negligible quantity, since the withdrawal of the
Government subsidy to which reference was made in last year's report.
For...”
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