(S3)
compared with 31.0% in 1933; Japun 8.8% as compared with 5.0%; Netherlands East Indies 8.3% ns compared with 7.8%; United Kingdom 7.8% as compared with 10.4%; U.S.A. 7.1% as compared with 6.2%; French Indo China 6.3% as compared with 8.5%; Sium 8.0% as compared with 10.0%; Germany 3.3% as compared with 3.9%; British Malaya 1.3% as compared with 1.2%; India 2.0% as compared with 3.7%; Australia 1.6% as compared with 1.6%; Belgium 1.2% as compared with 1.7%; and Other Countries 9.1% as compared with 9.1%. China took 48.0% of the exports as compared with 56.3%; British Malaya 7.6% as compared with 5.3%; French Indo-China 7.4% as compared with 6.0%; Japan 3.5% as compared with 3.2%; Macao 5.3% as compared with 5.3%; Siam 4.5% as compared with 3.6%: U.S.A. 5.7% as compared with 4.8%; Kwongehow Wan 2.5% as compared with 2.5%; Netherlands East Indies 2.6% as compared with 2.4%; Philippines 1.6% as compared with 2.3%; India 1.3% as com. pared with 1.4%; and Other Countries 10.0% as compared with 6.9%.
9. Imports of merchandise showed decreases in most groups of commodities, the exceptions being liquors, machinery, nuts and seeds, paper and paperware, and railway materials. Exports of liquors, machinery, minerals and ores, and nuts and seeds showed slight increases.
10. Average T.T. opening rates of exchange during the year 1934 were:-London 1/6.3/16; France 581.3/8; U.S.A. 38.3/16; Shanghai 112.3/16; India 100.3/4; Singapore 64.11/16; Japan 128.1/8; Java 56.7/16. The lowest Sterling average rate was 1/4.3/4 in May, steadily rising month by month to 1/8.1/4
in December.
IMPORTS AND EXPORTS REVIEW.
Comparisons of the more important import and export commodities during the years 1934 and 1933 are given below.
ANIMALS (LIVE).
Imports totalled $9.2 millions in 1934, as compared with $11.4 millions in 1933, and exports $300,000 in 1934, as compared with $314,000 in 1933.
Cattle imports amounted to 49,640 head ($2.8 millions) as compared with 52,149 head ($3.4 millions), arrivals from South China declining by 2.183 head, whilst the supply from Kwongehow Wan remained ap- proximately the same.
Imports of Goats from North China amounted to 1,477 hend, valued at $14,050, or approximately half that of the previous year,
Pig imports also declined, from 307,792 head ($7.7 millions) to 297,305 head ($6.1 millions), Kwong- chow Wan increasing its share at the expense of South China.
BUILDING MATERIALS.
Imports totalled $7.3 millions as compared with $9.4 millions, and exports $3.9 millions as compared with $4.8 millions.
Imports of Bricks and Tiles showed a heavy decline from 14.5 million pieces ($214.607) to 9.7 million pieces ($127.262). Exports increased from 1.3 million pieces ($53.731) to 3.3 million pieces ($58,970).
Both imports and exports of Cement fell off, imports declining from 2.1 million piculs ($1.6 millions) to 1.7 million pienls ($1.4 millions), and exports from 989,000 pieuls ($1.5 millions) to 568,000 piculs ($835,000). Imports from French Indo-China were slightly more than double those of the preceding year, whilst supplies from Japan and North China showed a considerable falling off. Exports to British Malaya increased from 193,190 piculs ($343,000) to 309,000 pieuls (8538,000), whilst the South China figure de- clined from 489,000 piculs ($820,000) to 118,000 piculs ($187,000), and Macao from 145,000 piculs ($104,000) to 29,000 picals ($24,000).
Imports of Glass (Sheet and Pane) fell from 7.2 million square feet ($736,000) to 5.6 million square feet ($502,000). Imports from Belgium fell from 4.4 million to 2.2 million square feet, and Germany from 1.1 million to 656,000 square feet. "Other Countries" (mainly Czecho-slovakia) advanced from 372,000 to 1.7 million square feet. South China took 4.6 million square feet as compared with 5.3 million square feet.
Hardwood imports fell by almost one half. total imports amounting to 1.0 million cubic feet ($947.0001, as compared with 1.9 million cubic feet ($2.0 millions), mainly on account of the decline in the British North Borneo figure from 1.9 million to 986,000 cubic feet.
Teakwood, American Pine and China Fir imports all showed declines, whilst unenumerated Softwoods slightly increased.
431.