Page 48 - An Overview of Penghu

Business

The Magong Port is the entrepot of the Prefecture. The Harbor is a special one open under the
order of the Japanese government. Businesses here are burgeoning though the commercial zone is
restricted because the port is densely populated and serves as the Guard District of the Navy, the
Army Fortress Headquarters, and the station point of army, navy, and their vessels.

Trades in mid-1931 are listed below:

Export and import (Taiwanese yen) Main items
Trade Export: 305,108 Pigs, peanut oil, peanut oil press cakes, fish, gunnysacks
in Taiwan Import: 1,132,697 Rice, wine, dried shredded yam, tobacco, sugar

Trade Export: 32,675 Fish, dried fish
in Japan
Import: 514,509 Flour, beer, petroleum, rice
Trade with Export: 42,824 Peanut oil press cakes, dried fish
foreign countries
Import: 42,935 Rice, wood, tiles, ceramics

In terms of markets, there is a public consumers' market run by Magong Town, and a fish
market operated by the Prefectural Fishery and Aquaculture Association. The revenue earned by the
consumers' market in mid-1931 was 333,000 Taiwanese yen. The fish market sold 813,767 kg of
products, bringing in revenue of 151,384 Taiwanese yen. Four fresh fish markets managed by fishery
cooperatives also sold 243,599 kg of goods, which accounted for 35,816 Taiwanese yen.

As for companies, there are the Penghu Island Branch of the Taiwan Bank, Taiwan Communal
Electricity Incorporated Penghu Branch, Penghu Ice Incorporated, Penghu Shipping Incorporated,
Penghu Husbandry Incorporated, and more.

The Magong Port
Junks can be seen
docking in the port
from the sea.

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