1935 — Page 318

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The share of the import trade enjoyed by Japan increased from 8.8% to 11.8%; U.S.A. from 7.1% to 7.3%; French Indo-China from 6.3% to 8.9%; Germany from 3.3% to 4.5%; British Mulaya from 1.3% to 1.7%; Australia from 1.6% to 2.3%; and Belgium from 1.2% to 1.8%. The share of imports from the United Kingdom decreased from 7.8% in 1934 to 6.5% in 1995, and China from 35.2% to 33.8%. Exports credited to China increased from 48.0% in 1934 to 49.0% in 1935; Japan from 3.5% to 4.2%; U.S.A. from 5.7% to 7.8%; Kwong Chow Wan from 2.5% to 3.4%; and the Philippine Islands from 1.6% to 1.8%.

There were decreased imports in 1985 as compared with 1934 of live animals, building materials, chemicals and drugs, Chinese medicines, foodstuffs, fuels, hardware, intoxicating liquors, machinery, motals, nuts and seeds, paper and paperware, piece goods, tobucco, treasure, wearing apparel, and sun- dries: whilst there were slight increases in imports of dyeing and tanning materials, oils and fats, paints, and vehicles. Imports of artificial manures and also minerals and ores were practically doubled. With the exception of dyeing and tanning materials, machinery, artificial manures and vehicles, all other groups of export merchandise showed decreases.

Average TT opening rates of exchange on the more important markets during 1935 were 08 follows:-London 1/11 France 719%; U.S.A. 474; Shanghai 1284; India 128: Singapore 8216; Japan 1651; Java 693. The highest Sterling average fītu was 2,41 in May, steadily decreasing month by month to 1/3 in December.

IMPORTS AND EXPORTS REVIEW.

Comparisons of the more important import and export commodities during the years 1935 and 1934 are given below.

ANIMALS (LIVE).

Imports totalled $7.9 millions in 1935, as compared with $9.2 millions in 1934, and exports $168,000 in 1985, as compared with $300,000 in 1934.

Imports of Cattle amounted to 48,570 head ($2.2 millions) in 1935 as compared with 49,640 head (82.8 millions) in 1934. There was a noticeable increase of imports from French Indo-Chins:

8,705 head arriving in 1935 as compared with 3,490 head in 1994. There were decreased imports from South China and Kwongebow Wan.

Imports of Pigs amounted to 288,950 hend ($5.5 millions) as compared with 297,305 head ($6.1 millious). Imports from Kwongehow Wan fell off by approximately half, whilst imports from Japan increased from 20 head in 1934 to 25,547 head in 1985.

BUILDING MATERIALS.

Imports totalled $6.7 millious as compared with $7.3 millions, and exports $3.5 millions as com- pared with $3.9 millions.

Imports of Bricks and Tiles decreased from 9.7 million pieces to 8.1 million pieces, but values increased from $127.262 to $143,749.

Imports of Cement showed a decline whilst exports increased, imports totalling 1.6 million picula ($1.2 millions) as compared with 1.7 million piculs ($1.4 millions), and exports 860,000 piculs ($1.1 inillions) as compared with 568,000 piculs (8835,000). Japanese imports increased from 1,266,000 piculs to 1,329,000 piculs, but decreased in value from $788,000 to $742,000. Exports to South China increased from 118,000 pieuls ($187,000) to 355,000 piculs ($445,000), and to British Malaya from 369,000 pieuls ($538,000) to 436,000 piculs ($629,000),

Both imports and exports of Glass (Sheet and Pune) increased; imports from 5.6 million square feet ($502,000) to 7.9 million square feet ($467,000), and exports from 5.4 million square feet ($452,000) to 5.7 million square feet ($347,000). Increased imports were recorded from the United Kingdom, Belgium, Germany, Japan and Holland. Exports to South China increased from 4.6 million square feet to 5.1 million square feet, and French Indo-China from 84,000 to 252,000 square feet.

Imports of Hardwoods amounted to 1.1 million cubic feet ($810,000) as compared with 1.0 million cubic feet (8047,000); increases being recorded from British North Borneo, Netherlands East Indies and Philippine Islands. There were decreased exports to South China.

American Pine imports increased from 839,000 cubic feet ($537,000) to 911,000 cubic feet ($479,000), and Teakwood from 308,612 cubic feet ($537,148) to 309,128 cubic feet ($491,990).