SHANGHAI

723

Of the total gross value of Goods imported (Hk. Tls. 265,519,271), goods valued at Hk. Tls. 11,296,232 were re-exported to Foreign Countries and Hongkong, and goods valued at Hk. Tls. 134,617,946 to Chinese Ports (chiefly to Northern and Yangtsze Ports).

Perhaps the most striking phase of the year's trade was the rapid growth in the part played by America in the commerce of the port. The total value of the direct trade, import and export, with America rose from 81 million Haikwan taels in 1918 to over 143 million taels in 1919-an increase of 76 per cent. While in 1918 the value of the direct trade with Japan was 55 million taels greater than the value of the direct trade with America, the positions were reversed in 1919, and the United States took first place in Shanghai's foreign trade with a margin of 28 million taels over Japan. To handle this expanding trade 27 new American firms, including three banks and several shipping companies, were established in Shanghai.

Native Produce to the value of Hk. Tls. 264,765,165 was imported from Chinese Ports, almost all of which was re-exported, namely, to Chinese Ports, Tls. 51,633,590 and to Foreign Countries and Hongkong, Tls. 159,709,620, the net native imports amounting to Hk Tls. 53,421,955.

The total values of Exports and Re-Exports of Native Produce to Foreign Countries, Hongkong and Chinese ports in 1919 were:---

Cotton Goods &

Skins

Yarn ... Tls. 87,155,792 | Rice

80,988,827 Wool

Silk

...

T'bco., Cigs., &c.... 39,718,275 | Beans

Flour Tea

...

...

10.

...

...Tls. 11,341,544 | Fibres

...10,094,215 | Grasscloth

8,992,381 Medicines 6,122,981 | Tallow 5,642,523 | Fans

...

...

...

...

...

23,927,170 Straw Braid 20,528,567 Hides 20,122,489 | Ground-nut

...

Cotton, Raw

Egg Albn. & Yolk.. 18,418,631 | Paper Seeds & Seed Cake 17,640,166 | Metals Oil

...

...

...

16,904,872 | Bristles...

...

Tls. 4,256,387

...

3,075,810

...

2,959,567

...

...

...

2,831,319 1,416,662

...

5,557,657 | Books, Printed ... 1,341,834

...

...

5,181,153 Beancake

...

1,268,935

...

5,073,572 | Nutgalls

851,804

...

4,500,856 Pottery & E'ware.

564,497

...

•••

4,367,063 | Sundries

...38,479,380

Total Hk. Tls. 449,064,929

The goods for export brought down under Transit Passes amounted to Tls. 14,435,142. This total shows an increase of Tls. 4,425,770 as compared with that of 1918.

The total carrying trade, entrances and clearances, for the year 1919 was divided amongst the different flags as under:-

Steamers Tonnage Sailing Tonnage Total

British Japanese

...

...

3,251 6,929,227

320. 91,999

4,571

Tonnage 7,021,226 Tls.

Duties

367,353

...

...

3,783 5,420,778

10

1,426

3,793

5,422,204

>>

338,642

American Chinese ...

***

...

French Danish Dutch Norwegian Russian.. Swedish... Others

...

766 1,310,565

20

4,026

786 1,314,591

""

130,227

4,754

3,804,865

3,488

146,436

8,242 3,951,301

99

52,819

69

...

296,473

69

296,473

وو

33,432

75

...

...

111,041

75

111,041

14,176

62

...

146,656

62

146,656

""

10,235

104

...

...

118,749

104

118,749

""

8,749

104

...

109,654

104

109,654

""

7,660

8

...

...

24,072

8

24,072

""

3,508

22

45,978

22

45,978

5,663

Totals

13,998 18,318,058 3,838 243,887 17,836 18,561,945,,

972,464

The Customs Revenue, Hk. Tls. 14,289,736, for the same year consisted of:-

...

Export Duties

...

Coast Trade Duties

Import Duties ... Hk. Tls. 8,196,407

""

3,400,655

""

1,169,271

Tonnage Dues ... Transit Dues

...

Hk. Tls.

...

,,

972,464 550,939

Total... ...Hk. Tls. 14,289,736

The above tables show that more than half of the whole trade of China in foreign vessels belongs to "the commercial metropolis of China."

24*

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