A138
TSINGTAO (KIAOCHAU)
Moreover, in spite of the flood of the Yellow River in certain districts of the province, there was no report of any serious falling off in the agricultural crops, which on the contrary, proved quite satisfactory The drop in the price of agricultural products, ranging from 30% to 50%, severely impaired, however, the purchasing power of the farmers. Detailed figures for trade are as follows:-
Foreign Goods Imported from Abroad Chinese Goods Exported to Abroad Chinese Goods Imported
1933
1932 St. $
I
87,643,680
St. S
70,845,829
41,607,700
40,305,678
from Chinese Ports
31,080,185
51,855,655
...
Chinese Goods Exported to Chinese Ports
60,376,911
70,011,435
Total Value of Trade
203,910,655
249,816,448
Foreign imports during 1933 showed a marked decline after May 16th, due probably, to previous stimulation in anticipation of the introduction of a new Customs Import Tariff on that date. The cotton industry of Tsingtao. displayed continuous expansion, the output for the year being around 265,000 bales of grey yarn and 3,000,000 pieces of grey piece goods, worth altogether: around $80,000,000. The importation of raw cotton decreased, however, owing to the increasing supply of the local product.
The other main export of the port as well as of the province, is ground- nuts. The crop in 1933 was as good as in 1932 but the export trade was hampered by a slump in the price on foreign markets and keen. competition from Dairen. The quantity of groundnuts in shell and groundnut kernels exported abroad thus shrank from 148,778 quintals and 853,963 quintals in 1932 to 132,449 quintals and 586,042 quintals respectively in 1933. As regards groundnut oil, exports showed a slight revival in 1933.
Shantung is China's leading province in the production of tobacco leaf, supplying 30% of the vield of China as a whole. Export is principally through Tsingtao. According to one estimate, production of tobacco leaf im 1933 was between 205,629 quintals and 226.796 quintals.
Customs revenue collected by the Kiaochow Customs in 1933 amounted to $20,802,212, a sum exceeded only by Shanghai and Tientsin.
:
DIRECTORY
ADAMS & Co... T., Automobile agent-24,
Anhui Road; Teleph. 593
T. Adams, proprietor
AMERICAN CHAMBER OF COMMERCE
President & Secretary-T. Adams
MissLydia Reich (on furlough) Miss Mae Rohlfs
Rev. & Mrs. Theo. Scholz Miss M. Clara Sullivan'
Tsino
Rev. L. G. Cooper
Miss Erva Moody
AMERICAN
LUTHERAN
SHANTUNG
Tsingtao
Rev. & Mrs. R. Sell
MISSION OF
Miss E. Strunk
Rev. & Mrs. P. P. Anspach Mrs. W. Matzat
Kiaochow
Rev. & Mrs. C. Reinbrecht Miss F. Strecker