1939-11-21 — Page 11

THE CHINA MAIL, NOVEMBER 21, 1939

COLONY TRADE FIGURES UP

ACCORDING TO AN official report released for publication by the Superintendent of Imports and Exports the combined values of imports and. exports of merchandise (excluding treasure) as declared during the month of October, 1939, totalled $90.8 millions (£5.6 millions) as com- pared with $80.8 millions (£5.0 millions) in October, 1938.

:

In terms of local currency the total visible trade of the Colony (excluding treasure) increased by 12.4% in October, 1939, as compared with Oc- tober, 1938; and by 12.0% in terms of sterling. Imports of merchandise in October, 1939, totalled $46.9 millions (£2.9 millions) as compared with $40.4 millions (£2.5 millions) in October, 1938, and exports $43.9 millions (£2.7 millions) as compared with $40.4 millions (£2.5 millions). Imports of merchandise in October, 1939 increased by 16.1% in terms of local currency, and by 16.0% in terms of sterling. Exports of merchandise

in October, 1939 increased by 8.7% in terms of local currency, and by 8.0% in terms of sterling.

During the first ten, months of 1939 imports of merchandise totalled $490.5 millions (£30.1 millions) as compar- ed with $518.0 millions (£32.0 mil- lions) in the corresponding period of 1938: and exports $446.8 millions (£27.4 millions) as compared with $437.0 millions (£27.0 millions). Im- ports of merchandise decreased by 5.3% in terms of local currency and by 5.9% in terms of sterling: exports

increased by 2.2% in terms of local currency and by 1.5% in terms sterling.

of

mer-

The following table shows compar- ative imports and exports of chandise during each of the first ten months of 1939 as compared with the corresponding months of 1938 and 1937, in $'s and £'s sterling (in mil- lions):-..

February

Merchandise Treasure

Total:

EXPORTS

October, 1939 October, 1938

$43,891,451

$11.262,663

$55,154,114

ECONOMY SALE

NOW PROCEEDING

It's a Big Saving Opportunity that everybody will take im- mediate advantage of! All prices of the New Season's Goods have been reduced to meet your demand! BARGAINS FOR MEN

SMART FELT HATS' (British Make) Special Bargain

$5.95 ea.

"WARDS" FUR

FELT HATS

$13.50 ea.

B. V. D. Shirts with Trubenized Collar Attached. In Latest Stripes (Best American Make)

Banner Shirts (Best British Make) Fancy American Silk Socks

BARGAINS FOR LADIES

$40,360.039

$10,402,172

$58,763,011

Hickory Two-Way Stretch Girdles

Hickory Corsetlets

MONTHLY FLUCTUATIONS

a low

Since October, 1938 monthly values of imports of merchandise into Hong Kong fluctuated from Kong dollar value (36.8 millions) in Hong February, 1939 to a high of 59.3 mil- lions in June, value fluctuated from a low of $33.5 1939; whilst exports

millions in December, 1938 to a high of $50.6 millions in June, 1939.

sterling equivalents, at monthly aver- 'Details are given below, with the

age rates of exchanges, in brackets:—

1938

IMPORTS

(£2,078,402)

$40,164,153 (£2,489,341) $36,502,007 (£2,252,858) $43,860,742 (£2,701,319)

October

November

$40,397,743

EXPORTS $40,300,839

(£2,498,558)

(£2,496,276)

$53,644,826

$41,383,798

(£3,317,877)

(£2,559,545)

December

$48,496,843 (£2,881,835)

$33,535.189

January

March

$38.5 £ 2.4 $53.4 59.0

41.4

2.6

£ 3.3

April

$54.8

IMPORTS EXPORTS 1937 1938 1939 1937 1938 1939 $39.9 61.7 40.7 34.1 30.4 40.2 £ 2.5 3.8 2.5 2.1 2.4 2.5 36.8 30.0 38.5 36.5 2.3 1.9 2.4 2.3 48.0 40.7 57.5 43.9 3.6 3.0 2,5 3.G 2.7 59.3 57.1 34,1 51.4 49.6

1939 January

February

March

April

May

May

June

June

July

2.8

August.

September

October

July

August

September

$40,680,959 (£2,521,372) $36,824,830 (£2,272,782) $48,011,086 (£2,956,933) $57,075,185 (£3,478,019) $59,113,307 (£3,625,308) $59,272,087 (£3,635,040) $50,648,820 (£3,092,995) $52,153,700

(£3,178,116)

$39,873,387

$42,495,753

(£2,460,936)

(£2.622,785)

October

$48,870,925

$43,891,451

(£2,714.641)

£ 3.4 3.6" 3.5 2.1 - 3.2 3.0 $49.9 83.3 59.1 40.1 46.1 49.3 £ 3.1 3,9 3.6 2,5 2.8 3.0 $50.1 57.5 59.3 38.9 37.0 50.6 £ 3.1 3.6 3.8 2.4 2.3 3.1 $50.2 47.8 50.6 36.2 36.7 45.7 £ 3.1 3.0 3.1 2.2 2.3 $54.0 48.5 52.2 38.2 38.7 44.8 £ 3.4 3,0 3,2 2.4 2.4 2.7 $84.7 39.1 39.9 39.4 51.3 42,5 £ 4.0 2.4 2.5 2.4 3.2 2.6 $51.8 40.4 46.9 43.6 40.4 43.9 £ 3.2 2.5 2.0 2.7 2,5 2.7 The following table shows compar ative figures of imports and exports of Merchandise and Treasure during the months of October, 1939 and October, 1938:-

Merchandise Treasure

IMPORTS

October, 1939 October, 1938

$48,870,025

$

157,787

Total:-

$47,028,712

$49,555,022

(£3,019,759) $49,281,784

(£3,022,359) $50,027,077

(£3,104,884) $45,672,159

(£2,759,094) $44,772,065 (£2,728,298)

(£2,808,918) Mean rate of exchange for October. 1939: H.Kis. 2-27/32d.

EXCHANGE AGREEMENT

Moscow, To-day. $40,397,743 An agreement has been signed for $318,438 the exchange of Germans in Russian- occupied Poland for Russians in $40,716,181 | German-occupied Poland.-Reuter.

His Majesty the King Inspected Militiamen and members of the Auxiliary Territorial Service during his visit' to the Eastern Command in Burrey. (Copyright,^Fox).

Hickory Girdles (With Talon Zip

Fasteners)

Botany Wool Vests and Panties

5.75

5.75

.75 pr.

3.95

8.95

11.95

2.95 ea.

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