53. All applications for Certificates of Origin must be accompanied by a Declaration from the manufacturer that the goods were actually manufactured in his premises in the Colony of Hong Kong.
X.—TRADE STATISTICS.
54. The trade statistics for the year 1936 make encouraging reading, showing as they do what appears to be a definite trend towards improved conditions. In terms of local currency, imports of merchandise increased by 23.9% in 1936 as compared with 1935, whilst exports increased by 29.5%.
The upward trend of trade was particularly noticeable in the closing quarter of the year 1936, despite the fact that, on account of the maritime strike in U.S.A., very few vessels registered in that country arrived in the Colony during this period.
55. Paradoxically, the number of vessels' manifests received decreased from 41,718 in 1935 to 36,918 in 1936, whilst the number of declarations received increased from 566,517 in 1935 to 574,641 in 1936: the inference being that vessels trading with the Colony carried larger individual freights in 1936 than in 1935.
56. A great deal of unnecessary time and labour was spent in sending out reminders to merchants in regard to non-declarations and erroneous statements contained in the declarations submitted; the number increasing from 15,972 in 1935 to 22,127 in 1936. Unless the importers and exporters of the Colony furnish complete and accurate declarations as required under the regulations of the Imports and Exports Ordinance, it may become necessary again to institute rigorous legal proceedings against firms and individuals who do not comply with the regulations.
57. A revised "Imports and Exports Classification List" was compiled in 1936 and is now on sale to the public.
58. There was a continued increased demand for the "Trade and Shipping Returns"; and fees on account of special statistical information supplied to firms and individuals increased by approximately 5% in 1936 as compared with 1935.
59. During the year 1936, total movements of treasure decreased as compared with 1935, mainly on account of smaller exports of silver bars, which totalled $100.9 millions in 1935 as compared with $26,000 in 1936. On the other hand, imports of Chinese silver dollars increased from $6.7 millions in 1935 to $45.2 millions in 1936.
E 10
53. All applications for Certificates of Origin must be ac- companied by a Declaration from the manufacturer that the goods were actually manufactured in his premises in the Coloný of Hong Kong.
X.-TRADE STATISTICS.
54. The trade statistics for the year 1936 make encouraging reading showing as they do what appears to be a definite trend towards improved conditions. In terms of local currency imports of merchandise increased by 23.9% in 1936 as compared with 1935, whilst exports increased by "29.5%.
The upward trend of trade was particularly noticeable in the closing quarter of the year 1936, despite the fact that on account of the maritime strike in U.S.A. very few vessels registered in that country arrived in the Colony during this period.
55. Paradoxically the number of vesels' manifests received decreased from 41,718 in 1935 to 36,918 in 1936, whilst the number of declarations received increased from 566,517 in 1935 to 574,641 in 1936: the inference being that vessels trading with the Colony carried larger individual freights in 1936 than in 1935.
56. A great deal of unnecessary time and labour was spent in sending out reminders to merchants in regard to non-declara- tions and erroneous statements contained in the declarations submitted; the number increasing from 15,972 in 1935 to 22,127 in 1936. Unless the importers and exporters of the Colony furnish complete and accurate declarations as required under the regulations of the Imports and Exports Ordinance it may become necessary again to institute rigorous legal proceedings against firms and individuals who do not comply with the regulations.
57. A revised "Imports and Exports Classification List" was compiled in 1936 and is now on sale to the public.
59. There was a continued increased demand for the "Trade and Shipping Returns"; and fees on account of special statistical information supplied to firms and individuals increased by approximately 5% in 1936 as compared with 1935.
59. During the year 1986 total movements of treasure decreased as compared with 1935, mainly on account of smaller exports of silver bars which totalled $100.9 millions in 1935 as compared with $26,000 in 1936. On the other hand imports of Chinese silver dollars increased from $6.7 millions in 1935 to $45.2 millions in 1936.
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