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6. It is estimated that the quantum of the import trade declined 16.0% as compared with 1933, 19.0% as compared with 1932, and 25.2% as compared with 1931, but, of necessity, the volume of imports into the Colony cannot be calculated accurately on account of the lack of a suitable unit of quantity, and the fact that many commodities are declared by value only.
7. China, Japan, Netherlands East Indies, U.S.A. and British Malaya all increased their shares of the import trade, whilst British Malaya, French Indo-China, Japan, Siam, U.S.A. and the Netherlands East Indies took greater shares of the exports. Details are given in Table II.
8. 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. Details are given in Table III.
9. Imports of Treasure (see Table IV) totalled $78.1 millions during 1934, as compared with $38.1 millions in 1933, and exports amounted to $128.5 millions as compared with $134.1 millions. During 1934 there was an export excess of gold bars amounting to a value of $56.2 millions, as compared with $82.9 millions in 1933. Towards the close of the year there was a considerable traffic in Chinese silver dollars, a total of $15.8 millions being exported abroad in the month December alone.
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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.
11. Wholesale prices in the Colony during the year 1934 recorded decreases of 11.6% as compared with 1933, 25.2% as compared with 1932, 33.0% as compared with 1931, 14.3% as compared with 1924, and 8.5% as compared with the base period of 1922. Details are given in Table V.
12. As compared with 1933 there were decreases in 1934 in each of the four groups of commodities, the index number of Foodstuffs declining 16.8%, Textiles 11.4%, Metals and Minerals 9.6%, and Miscellaneous Items 7.5%.
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6. It is estimated that the quantum of the import trade declined 16.0% as compared with 1933, 19.0% as compared with 1932, and 25.2% as compared with 1931, but, of necessity, the volume of imports into the Colony cannot be calculated accurately on account of the lack of a suitable unit of quantity, and the fact that many commodities are declared by value only.
7. China, Japan, Netherlands East Indies, U.S.A. and British Malaya all increased their shares of the import trade, whilst British Malaya, French Indo-China, Japan, Siam, U.S.A. and the Netherlands East Indies took greater shares of the exports. Details are given in Table II.
8. 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. Details are given in Table III.
9. Imports of Treasure (see Table IV) totalled $78.1 millions during 1934, as compared with $38.1 millions in 1933, and exports amounted to $128.5 millions as compared with $134.1 millions. During 1934 there was an export excess of gold bars amounting to a value of $56.2 millions, as compared with $82.9 millions in 1933. Towards the close of the year there was a considerable traffic in Chinese silver dollars, a total of $15.8 millions being exported abroad in the month December alone.
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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.
11. Wholesale prices in the Colony during the year 1934 recorded decreases of 11.6% as compared with 1933, 25.2% as compared with 1932, 33.0% as compared with 1931, 14.3% as compared with 1924, and 8.5% as compared with the base period of 1922. Details are given in Table V.
12. As compared with 1933 there were decreases in 1934 in each of the four groups of commodities, the index number of Foodstuffs declining 16.8%, Textiles 11.4%, Metals and Minerals 9.6%, and Miscellaneous Items 7.5%.
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