ALL HONG KONG TRADE RECORDS BROKEN: JAPAN LOSES SEVENTY PER CENT
THE CHINA MAIL, JANUARY 26, 1938.
TRAM DIVIDEND
The Directors of Hong Kong Tram- ways Limited have announced, for re- commendation at the Annual General Meeting of the Company to be held on the 18th February, next a Final Divi- dend of 60 (sixty) cents per share. This makes a total Dividend of 90 ☐ (ninety) cents per share for the year 1937 and after providing for Deprecia- tion, amounts written-off, all other sum of $100,000.00 to General Reserve Ac-
lance of $115,882.90 carried forward to next year.
charges and appropriating a
All records for Hong Kong trade, calculated in local
dollars, were broken during 1937, official fig-count leaves, subject to Audit, a ba- ures released this morning reveal. Combined imports and exports of merchandise ex- ceeded $1,084,000,000, which compares with $803,000,000 in 1936 and $636,000,000 in 1935. In sterling, trade was valued at £66,900,000 in 1937, compared with £50,600,000 in 1936 and £61,400,000 in 1935.
How severely Japan has been hit is strikingly re- vealed in the figures for December trade. Japan's share of imports totalling $49,300,000 was only $1,798,121 (as compared with $7,687,- 643 in December, 1936) representing a loss of more than 70 per cent.
amounted to $781.6 millions in 1937 as compared with $216.5 millions in 1936 and $254.7 millions in 1935: imports accounting for $386,4 mil-
lions as compared with $72:7 mil- lions in 1936 and $38.8 millions in
1935, and exports $395.2 millions as compared with $143.8 millions
in 1936 and $216.0 millions in 1935.
Of the total declared imports of
merchandise into the Colony during the year 1937, China accounted for 34.2% as compared with 33.6% 1936; United Kingdom 7.6% as com- In spite of the fact that Japan's | $617.1 (£38.1) millions in 1937 as pared with 6.4%; U.S.A. 8.4% as trade in Hong Kong in the first compared with $452.4 (£28.5) mil- compared with 7.1%; French Indo- eight months of 1937 was the great-lions in 1936 and $365,0 (£35,3) mil- China 6.6% as compared with est during the period of pheno-lions in 1935; whilst exports totalled | 5.7%; Australia 2.2% as compared menal increase since 1931, at the $467.8 (£28.8) millions in 1937 as with 2.0%; Belgium 1.6% as com- end of the year the official figures compared with $350.9. (£22.1) mil-pared with 1.5%; and “Other Coun- disclosed that Japan's share of the lions in 1936 and $271.0 (£26:1) | tries" 11.2% 48 compared with total trade of the Colony had fal- millions in 1935.
7.7%.. len to 9:4 per cent. as compared with 12.8 per cent. în 1936.
REMARKABLE RISE
In terms of local currency im- ports of merchandise in 1937 in- creased by 36.4% as compared with 1936, and by 69.1% as compared
DECEMBER FIGURES During the month of December, 1937, imports of merchandise amounted to a total of $49.3 mil-
In terms of local currency the total visible trade of the Colony with 1935, whilst exports increas-lions (£1 millions), as compared increased by 35.0% in 1937 as com-ed by 33.2% as compared with 1936, pared with 1936, and by 70.5% as and 72.4% as compared with 1935. compared with 1935.:
Imports of merchandise
totalled
TREASURE MOVEMENT Total movements of treasure
with $44.7 millions (£2.8 millions) in December, 1936: a dollar in- crease of 10.3% and a sterling in- crease of 10:7%; whilst exports totalled $45.8 millions' (£2.8 mil- lions), as compared with $34.8 mil- lions (2.2 millions); a dollar in- crease of 31.6% and a sterling in- crease of 27.3%.
The total values of imports and ex- ports of merchandise by countries för the month of December, 1937 are shown below, the figures for December, 1936 being given in brackets:-
Imports Exports
$ 2,109,084 (2,095,698)
LEADING THE WORLD
U. K.
3,805,090
(2,844,766)
Australia
Canada
India
1,102,630
(784,032)
British
Malaya
REMINGTON
Remington Portable
ADDING MACHINES
B. N. Borneo
Belgium
China, North
620,644 (179,779). 550,987
· (640,759) 561,641 (936,539) 231,686
(211,670)
446,354
(280,549)
266,739 (199,318)
308,110 (343,671)
-(443,887)
*317,168
4,012,221
(3,042,839)
149,405 (92,556)
55,674
-(91,138)
7,244,18374,715,966
(7,853,301) (3,354,283)
China, Middle 755,807 2,068,432
Chi South
France
Indo-China
Germany
Holland
(657,152) *(1,392,483) 12,111,039 11,109,098
(7,668,041)
675,818
(123,795)
2,407,060 (2,588,202) 2,144,241 (1,793,356).
411,349
(8,225,163)
912,879
(127,704)
1,229,822 (1,828,686)
1,615,681
(182,394)
634,641
(290,525)
(283,921)
Italy
123,109
(140,558)
Japan
1,798,121
(7,687,648)
(2,151,390)
Kwong, Chow
Wan
661,150 (496,182)
Neth. East
Available in
Indies: Philippines
HAND or ELECTRIC MODEL
Siam
U. S.
1,252,795 (649,676)
2,897,498. (3,976,631) 201,519 (135.449): 1,274,949 (2,659,215) 6,413,407 (1,411,909)
Macao
STOP PRESS
TEL. 20022 or 33993
MUSTARD & CO., LTD.
(Head Office -SHANGHAI)
DAVID HOUSE HONG KONG Phone 31141
LS.S. Bldg.,
147, The Bund, CANTON Phone 13746.
The
"Nellore"
and
15,199 (1,750) 721,583
824,915 (1,049,413) 1,779,000 (1,828,374) 1,355,408 (1,086,447)
799,410 (1,063,478)
922,242 (1,100,060) |
4,720,619 (3,632,838)
Steamship
will leave for Manila, Rabaul, Brisbane, Sydney, Mel- bourne and Hobart on or about 29th January at 10:30 am
POPULAR FALLACIES
that China is the most densely populated country in the world, This is not so. The expression, “China's teeming millions," is a true one, but owing to its vast area, its population per square mile is only 2.7, Belgium is the most densely populated coun- try in the world, having 686 per sons per square mile. It IS true, however, that ROYAL PORTABLE TYPEWRITERS are the most po- pular and most widely used of any make by all kinds of › businesses owing to their many exclusive and "trouble-free-typing": features.
Printed and Fublished for the Pro- prietors, The Newspaper Enterprise Ltd. by GORDON CADE BURNETT, at BA, Wyndham Street, Victoria Hong Kong: