1931 — Page 424

422 (54)

Note: Average rate of exchange 1923: 2s. 8d.; 1924-28: 44d.; 1925-28: 34d.; 1930: 1s. 34d.; 1951: 18. 02d.

Treasure Movements

During the year there was considerably less movement of inward Treasure than in 1930, although only nine months' figures were available for the latter year. Imports recorded $66 million as against $141 million and exports $122 million as compared with $96 million. The following table is self-explanatory:

Import Percentages

The British share of the total import trade of the Colony steadily declined until the last quarter of the year, when it recovered mainly on account of an increased share of the piece goods trade, as a result of the Chinese boycott of Japanese goods. In the following table the progressive percentages of the chief countries of supply are shown:

422

(54)

Note: Average rate of exchange 19232s. 8td;

1924-28. 44d;

1925-28. 34d;

1930=1s. 34d;

1951=18. 02d.

Treasure Movements,

During the year there was considerably less movement of inward Treasure than in 1930. although only nine months' figures were available for the latter year. Imports recorded $66- millions as against $141 millions and exports 122 millions as compared with $96 millions. The following table is self-explanatory :-

Imports

Exports

$

$

Bank Notes

'Copper Cents

Gold Bars

Gold Coins

1,047,045

56,037 6,842,100

3,192,004

2,708,417

50,650,676

270,400

8,280,762

Gold Leaf

672,914

1,293,606

Silver Bars

37,710,863

40,155,252

HK. Silver Dollars

1,099,341

10,000

Chinese Silver Dollars

13,937,264

10,461,979

Other Silver Dollars

Silver Sub. Coins

154,220 4,266,956

260,460

4,754,824

Total

06,057,140

121,773,880

Import Percentages.

The British share of the total import trade of the Colony steadily declined until the last quarter of the year, when it recovered mainly on account of an increased share of the piece goods trade, as a result of the Chinese boycott of Japanese goods. In the following table the progressive percentages of the chief countries of supply are shown:--

1st Qir.

2nd Qtr.

3rd Qtr.

4th Qtr.

1930

1931

1931

1931

%

%

%

%

1931

%

China Japan

26.6

26.5

25.2

27.4

28.6

12.3

9.4

10.7

12,7

4.3

N. E. Indies ........

10.2

10.2

7.6

12.5

13.2

U. K.

9.4

14.8

9.1

8.7

9.7

U. S. A.

7.2

7.4

$.4

8.1

7.2

Indo China

8.7

6:0

10.0

3.8

6.6

Siam

5.9

5.7

8.2

5.2

6.5

Germany Straits

India

4.6

4.4

គ.រ.

4.8

5.6

2.3

1.9

1.8

1.6

2.5

1.5

2.6

1.7

1.3

3.5