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1

“...CONTENTS. PA3H Decline in importance of port........................................................................... 3 Total value of trade ......................................................................................... 4 Increased value of loeal exports in relation to imports.................................... 4 Imports ' 4 Cottons............................................................................................................ 4. 4 4 Opium .............................................................................................................. 4 Sundries .......................................................................................................... 4 5 5 6 Shipping ............................................................................................................. 6 6 Transit trade through Tonkin ........................................................................... 6...”
2

“...trade of Pakhoi presents but few features of practical interest Decline in to the British merchant. As a place of foreign commerce it has iraPJvtai>ce been declining in importance for some years and there appears P°rt' little or no prospect of a recovery in the future. It reached the height of its prosperity about 12 years ago, when, thanks to the disorders and fiscal obstruction in Tonkin and on the West River, which diverted hither a considerable portion of the trade in Kuanghsi and Yunnan, the value of the imports and exports rose to over 1,000,000£. The first check came with the opening about that time of Mengtzu, which took away in the single item of tin a fifth of the exports, besides a certain amount of imports. The second blow fell on the opening of the West River in 1897, which diverted another fifth of the exports, and in cotton goods alone about two- fifths of the imports. The occupation by the French of Kwang- chouwan, and its establishment as a free port, seems now to have inflicted...”
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“...4 PAKHOI. Total value of irade. Increased value of local exports in relation to inports. Imports. Cottons. Woollens Metals. Opium. Sundries The total value of the trade in 1902 was"428,800/.,ra_decreasc of over 31 per cent, compared with the previous year, or about 22 per cent, if calculated in currency. The sterling values, however, appear to indicate more correctly the real course of trade, as the silver prices of most commodities advanced in sympathy with the fall in exchange. In this connection it is interesting to note that, during the last 10 years, the rise in the silver prices of the chief articles of export from this district has been more than sufficient to cover the fall in exchange, while the contrary is the case with regard to several of the principal articles of import, that is the purchasing power of exports over the imports for which they ex- change would seem to be greater now than in 1892. For instance, in 1892 1 picul of hides would buy nearly 3 piculs of flour...”
4

“...popular taste. As an occurrence of possible significance for the future may be mentioned the arrival of a small consignment of soap from Tonkin. The principal remaining items, forming nearly one-third of the total imports, were rice from Siam and various products of other parts of China, which are classed as foreign on account of their passing through Hong-Kong. Exports were valued at 183,5001., a decrease of some 40 per Exports, cent, compared with 1901, which, however, was a record year with a value much higher than on any previous occasion. The decline is mainly accounted for by the diversion, already noted, of sugar, the failure of the indigo crop, and a great reduction in aniseed oil, probably due in part to the disturbed state of the chief producing district in Kuanghsi either stopping production or preventing transport, and in part to a diversion to the route through Tonkin. The principal items besides these were pigs, leather, hides and fish, all of which showed an increase except the...”
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“...Port of Pakhoi during the Year 1902. Entered. Steam. Nationality. Number of I Vessels. j Tons. French German 12 : 107 44 ; 5,829 64,828 33,579 Total „ 1901 163 ! 156 1 104,236 98,353 Cleared. Steam. Nationality, I N umber of | "Vessels. i i Tons. British .. French German 12 I 108 i 43 : 5,829 04,878 32,968 Total „ 1901 163 j 155 103,675 98,303 Annex II.—Return of Principal Articles of Export from Pakhoi during the Years 1902-1901. Articles. 1902. 1901. | Quantity. Value. Q.uantity. j Value. Aniseed oil.. Pish...... Hides, cow Indigo, liquid Leather Pigs...... Sugar Other goods Total Lbs. .. | 19,333 .. 2,623,200 800,800 .! 311,600 Number 18,702 Lbs. .. 17,428,666 £ 4,720 20.937 14,083 7,596 16,011 56,561 63,632 166,666 2,421,600 699,460 11,610,133 271,406 13,003 23,521,200 £ 40,632 26,276 10,229 57,960 5,824 10,139 91,337 66,007 •• 1 •• 183,540 311,454...”
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“...6 pakhoi. Annex III.—Retukn of Principal Articles of Import into Pakhoi during the Years 1902-1901. Annex IV.—Table showing Total Value of all Articles Exported from and Imported into Pakhoi to and from Foreign Countries during the Years 1902-1901. Country. Exports. Imports. 1902. 1901. 1902. 1901. Hong-Kong ICwangchomvan Indo-Ghina .. £ 183,233 37 243 £ 311,216 £ 210,550 3,517 £ 309,647 29 Total 183,513 311,216 244,067 309,676 LONDON: Printed for llis Majesty's Stationery Office, By UAllRISON AND SONS, Printers in Ordinary to His Majesty. (1400 7 | 03—IT & S 320) ! 1902. 1901. i Articles. 1 1 Quantity. Yalue. Quantity. Value. Opium— £ £ Patna Lbs. .. 15,200 9,681 3,571 2,536 Benares .. O • • 2,26(3 1,437 11,456 7,944 Cotton goods— Shirtings, grej, plain Piece9 .. 10,077 3.595 15,808 5,424 ,, white i) • • 10,450 5,430 16,769 10,384 T-eloths 0,973 2.008 11,844 4,723 Yarn, Indian Lbs. ; 2,272,003 50,430 4,206,266 93,650 Woollens .. 3,243 5,211 Metals (mostly...”