1932-07-26 — Page 5

HONG KONG IMPORTS

AND EXPORTS

(Pantinued from Puge 4.)

SUMMARY OF

-IMPORTS.

The following summary, denis with some of the more important commodities imported into the Colony :-

Animals" (Live).

As compared with the first half year of 1931 imports of live animals for slaughter showed a slight declins, 192,058 hoad valued at $6,047,010 bping imported, as against · 194,804 head valued at $6,483,111, the proportion of cattle and pigs arriving from South China and Kwong Chow Wan being ap- proximately the same.

Liquora.

Imports of both malt liquors and spirits declined, the former from gallons (8030,504), and the latter 221,682 gallons (#721,050) to 200,180 from 47,210 gallons (1,044,061) to 43,183 gallons (8744,318), the major portion in each instance. coming from United Kingdom.

Metals.

1.

HONG KONG DAILY PRESS, TUESDAY, JULY 26, 1932.

HONG KONG TRADE THE

IN JUNE.

DECREASE ON LAST YEAR.

Imports of merchandise into Hong Kong during the month of June amounted to a value of $30.1. millions as compared with 887.3 | millions in June of last year, re-

lions or 12.6 per cent. presenting a decrease of 87.2 mil-

Exports were valued at $33.6 millions, a decrease of $10.2 mil- lions or 23.3 per cent.

Following are the comparative figures of total imports and exports, including treasure:-

Imparts of iron and steel bara amounted to 180,381 pieuls (83,270,- 123) against 680,924 pieuls (84,371,138), the bulk of the im- Merchandise

Treasure port coming from Belgium (526,300 picals) as in 1931. The French

share of the trade increased from 17,450 picula to 70,083 piculs.

17,278

Tatal

$67,373

Exports.

Tinplate imports increased from 104,048 picula (82,295,148) to 123,119 pigula (82,318,548), the British Merchandise share advancing from 71,335 to Trensure 105,180 piculs, while the U.S.A. figure fell from 30,553 preuls to 14,831 piculs.

to

Tata!

847.435

(8000 - omitted)

$13.853

858,612

MONTHLY FLUCTUATIONS.

COLONY'S TRADE

REVIEW OF CONDITIONS DURING FIRST

HALF OF THIS YEAR.

REPORT BY HONG KONG GENERAL

CHAMBER OF COMMERCE.

The following report on the trade of the Colony for the six months ended June 30, 1039 has been issued by the Hong Kong General Chamber of Commerce:-

COTTON PIECE Goods.-There were Susong. The usual indux of

heavy arrivals of Spring fancy manufacturers' representatives who cotton goods in the early part of visit this market oarly in the year 1802. These had been bought at | resulted in a volume of orders above exchange rates Averaging 17. normal being placed by the various Imports.

whereas exchange during book retail outfitting stores. Juno 1032 June 1031ing and arrival dates rose ap- Provision dealers have also been .... $50,00€

857,203 proximately per cent. following buying well and the more favour- 9,909 the abandonment by Great Britainable exchange with Australia kna of the gold standard. This was a given the suppliers of that country 206,204

reversal of conditions which had a big advantage over American prevailed during the previous two shippers as regards canned pro- seasons, and dealers were no longer | visions. Australian Bour is also Building Materials..

June 1939 June 1931 able to sell profitably in Singapore, competing to a greater extent with

$33,646 Declined in value from $7.001,308

Java and Sinm markets. In addi- the American product. · 13,800 to 88,684,437. Cement imports fell

14,750tion, the market was overbought, Increased building activity Incal from 1,483,881 pieuls (#1,933,178) to

and local prices declined consider ly and at the coast ports has led to 31,038,080, piculs (81,420,490), the

ably, in spite of strenuous attempta a good demand for build. Japanese share declining from

to maintain them at higher levels, cre' hardware The ship-chandlary 1,101,608 piculs (81,403,570) to Owing to decreased imports from

The carry-over to next season in trade has been adversely affected by 483,000 picuis (8425,145), while in the Straits Settlements tin slab

estimated to be in the neighbourhood the depressed state of shipping. Im porta from French Indo-China imports fell from 63,783 picuts

of 30 per cent. and as these goods porta of perfumery have also de- increased from 114,633 nieuls (88,055,780)

35,702 picula Siner June of 1931 total imports are being carried at prices con-clined as a result of the imposition (8179,294) to ·400,349 fávala (80,039,835), South China (Yunnan) of Merchandise into Hong Kong siderably below current replace-of duties on imports into Hong

accounting for. 19,707 piculs of the (8822,814),

have fuctuated from the lowest mont costs, the prospects for next Kong. Very little new business has Hardwood imports increased in, total import.

dollar value (50.1 millions) in June, season are far from bright. Buy-beer done in newsprint and other quantity but declined in value,

1832 to the highest (05.4 millions) ing for replacements has not yet paper owing to large stocks being 100,043 cubic feet (2003,810) arrive Petrol imports increased in quan-in

exports commenced and is not expected be held locally which were Bauglit at 1132, while ing as compared with 927,247 eubic tity but declined in value, 5,060,177 fluctuated from $33.6 millions in fore the end of July/August and higher prices than present replace- feet ($1,094,351); practically all gallons (83,047,460) being import June, 1539 to 851.7 millions in September. It is not anticipated ment costs."

as compared with 4,104,885 | March, 1902 Eomco. Imports of American pine (83,002,013). Of the total 2,934,535 The figures ($9000 and 5000 practically doubled, totalling 354,640 gallons came from the Netherlands omitted) are given below with the East Indies and 2,129,30 gallons sterling equivalents, at average from U.S.A

rates of exchange, in brackets:- Imports of fuel oil amounted to

Imports 88,810 tons (20,018,280) as against

837,203 87,083 tons (84,215,140), the quan

(£2,745) tity from the Netherlands East July

$58,000 (£2,000) Indies increasing from 34,031 to

August

€60,878 63,137 tons, and that from U.E.A.

(£2,917) declining from 25,273 to 22,673 tona. September 803,450 (£3,222) Lubricating oil imports were

October

............ 834,001 693,053 gallons (81,071,486) ns

780,571 gallons November compared with (3089,,300). Importa from the

December Netherlands East Indice fell from 200,073 to 108,803 gnilons and the January U.S.A. figure appreciated slightly to 309,788 gallons,

imports coming from British Northed

chic fret (#397,218).

Chemicals and Drugs.

These fell from 81,455,003 to 83,797,549, the decrease being equal- ly borne by the chief countries of supply: the heaviest decline occur red in the pharmaceutical products group which fell from $1,139,742 to $854,975,

Chinore Mediclacs,

These as a whole declined from $14,151,253 to $9,053,981, hut Gin- seng increased slightly to 82,208,007, the U.S.A. product advancing from $1,363,222 to $1,890,083,

Dyeing and Tanning Materials. These were almost 82 millians less at $3,031,825, imports of aniline dyes from Germany falling from $2,132,007 to 81,180,131.

Foodstuffs and Provisions.

In this group there was a total fall of approximately $7 millions to $114,803,392.

Beans fell from 609,707 picula (84,575,129) to 410,102 piculs (82,070,384), mnd fresh fish from 93,005 piculs (21,768,507) to 44,037 picula (8907,511), imports of fish

Oils,

June

March

that new busiņces will amount to as

EXPORTE-Apart from mats and much as 50 per cent. of last year's matting, the volume of all exports bookings.

from Hong Kong during the first WOOLLENS.-As a result of a large six months of this year has been carry-over, replacement orders for considerably below normal. This is Continental cloths during 1932 were

due mainly to continued world in. Exports

dustrial

which depression

has very restricted, although replace- $43,855 (£2,101) ments of British cloths were not reacted adversely on demand from 841,003 much below normal. Difficulty in nearly all markets. (£2,080) liquidating stocks of Continental | During the first quarter of the

:

owing (1) to police having been given of a considerable increase in

844,039

goods next Autamm is anticipated year an abnormally large quantity (£2,100)

of mats and matting was shipped | *41,050 as they also aro being carried at (£2,284) considerably higher prices than 849,404 replacement costs. (£2,059)

COTTON AND WOOL YARNS.-Heavy | freight rates on this commodity as $45,329

| from May 1, and (2) to exceptional. (£3,050) stocka of cotton and wool yaras are 841,050 being carried and the offtake ofly large orders having been placed (£3,143) $38,299

cotton yarn has diminished to such by importers in the United King- (£2,702) an extent that little bulk business dom in anticipation of the Abnorm $51,210 837,037 is likely during the next few al Customs Importation Orders. (£3,067)

(€2,853) months. 805,449 831,683

(23,601)

$00,203

(£4,00-1)

$53,401 (£4,500)

851,087

(£3,817)

February

Of the total kerosene import of Marih 14,509,080 gallons ($7,003,097), which!

April is slightly less than last year, the Netherlands Enat Indies accounted May for 6,421,021 gallons and U.S.A.

June 7,758,876, gallons.

Paints.

Total imports were valued at 2008,023, as compared with $877,909.

The share of the United Kingdom

rosa from $373,357 to 8433,085 and Germany from 8215,517 to 8389,504, while thọ Japanese figure fell from 8103,412 to 89,723.

Рарег.

South China Wood Oil has been

(£4,380) (£3,450) METALS.-There have boon many handicapped in competition with 361,154 844,000 failures among Chinese banks in Hankow Wood Oil which dropped (£3,788) (£2,106) Canton, and the resultant tightness below local prices in consequence of

853,440

$37,304 of money has adversely affected busi accumulation of stocks in North (£3,319) (£2,330)

833,040

Additional adverse factors in Chine during the Shanghai día- ....... $50,000

(£3.144) (2.111) the case of iron and steel manufacturbances. Mean rate of exchange for Junctures have been the continued de-i 1932, H.K. 818. 3.1/16d.

ness.

Considerably stricter regulations

line in prices in the producing in the United Kingdom, and on the markets and the further depression Continent regarding the constitu of local prices by the sale in Hongents of foods and essences have

HONG KONG STOCK Rong of cargo destined for Shang- also adversely affected business in

MARKET.

YESTERDAY'S OFFICIAL

QUOTATIONS.

Printing paper imports advanced from 82,893,483 to $4,331,000, do- spite the fall in the Japanese figure The improvement noted on Satur from $1,237,500 to 8201,883. The day last was fairly well-maintained United Kingdom share increased yesterday, despite the fact that this from $48,068 to $173,665, Germany is Settlement 'eve. from 8038,004 to $330,410 and Sweden from $358,200 to 3883,750,

Place Goods and Textiles.

from French Indo-China falling from 33,558 picule to 4,788 picuís.

Imports of wheat flour showed, a noticeable increase from 076,297 piculs (88,844,067) to 1,248,185 piculs (80,760,823). The Australian abare of trade increased from the com paratively small figure of 36,541 picuts ($332,305) to 039,717 piculs (84,802,838), while imports from Total imports amounted to U.S.A. declined from 479,233 piculx 353,403,728, a decline of approxi- mately $0 millions. Unbleached (84,731,259) to 356,437 piculs cottons increased from 373,772 ($2,008,800). Canada's share increas- piede ($2,800,508) to 468,905 piecca ed from 138,729 picula (81,302,601) to (83,600,760), while bleached cottons

21,020 picula' (81,809,812),

from declined

360,120 pieces Rice

increased importe

from(84,001,417) to 202,955 pieces 7,660,588 picula ($47,778,435) to 99,551,800). Light cotton fancies 8,100,301 piqule (848,050,379), the declined from €0,697,055 yards Siamese share of the trade increas: (819,457,866) to 64,120,240 ' yardı ing from 3,670,725 picula to 4,020,320 : (816,200,380). The British share in- picula.

creased from 32 million yards to Bugar imports were alightly less [40 million yards, while the Japanese nb $2,401,505 piculs (817,583,411), 'share declined from 10 million yards practically all from the Netherlands, to 3 million yards. Prints fell froma East Indes, with the exception of 3,888,930 yards (81,071,010) avonaignment of Cuban sugar 2,012,001 yards (8784,364) and amounting to 133,824 piculs ($581,- woollens from 1,310,038 yards 550) which arrived is June, aml a $2,770,577).. to 565,217 yards -negligible quantity from Japan |||(81 233,010). There was a big_m- Tea imports fell by hill to crease in the import of cotton yarn, $1,842,553, the China figure falling 22,481,220 lbs. (816,478,323) arriving from 92,204,303 to $1,244,812 and the as compared with 14,004,330 Tbs. Japanese figure from $283,107 to ($10,811,025). Of the total 4,025,371 $42,000.

lbs. came from United Kingdom as compared with 1,375:171 lbs..

Vehicles.

to

Theis.

Imports of coal totalled 440,316 tons as compared with 310,467 tons, North China and Japan both show- A total of 450 motor cars and ing elight increases. In addition chassis ($1,200,851) was imported as Indian and South African, coal compared with 191 (80618,400) entered the market this year, total total 230 (2007,410) came from 102,500 tons (81,503,323), and 20,470, U.B.A.,. 163 (8387,029) from United tons (284,030) being imported from Kingdom, and 5 (810,873), from Ger these countries respectively,

many.

Of

Salon,

Providents (Old), $4.85. Hong Kong Lands, 877. Hong Kong Ropes, 812.50,1275. Buyers.

Hong Kong Banks, $1,000. Canton Insurances, 81,300 Union Insurances, $462). China Fire Insurances, 8600. H.K. Steninboats, '821. Shell (Bearer), 37/0. Union Waterboats, 8191. Raulis, $38.

100...

H.K & K. Wharves, 8139. H.K. & W. Docks, 818., H.K. Hotels (Old), $10.90. H.K. Hotels (New), $10.40. Hong Kong Landle, 8773. Humphreys, 816. Chinese Estates, Ewa Coctons. Tls. 13. Hong Kong Trams, 822,70, -Star Ferries,-889- →Yaumati Ferries (Old), 8347′′

Yaumati Ferries (New). $33. China Lights (Old), $17,80, H.K Electrics-872).

Telephones (P.P.). $21.80.. Malibon Sugars, $20. "Cemente (Combined); 816,00 Hong Kong Ropes, 812.70. Dairy Farms, 827).

HK Amusements, 8191 Constructions (New),, 81.58," HK. Govt, Loans, 2% premium,

Ballers.

International Assce, Tls. 4. Constructions (Now), $1.83.

hai but diverted here in eonsequence tea oil and essential oils exported'

of the disturbances in the Northern from Hong Kong, ports.

Stocks held locally are now

The demand for cassia has de- low and if there were definite signs creased as a result of the heavy fall of prices remaining steady consider in the price of genuine Ceylon and able now business would be done.

Dutch East Indies cinnamon which The anti-Japanese movement in is now little higher than that of South China has led to increased cassia, otherwise known as "Chinese orders being placed for British cinnamon,”

manufactured galvanised steel sheets) The exports of tin. from Hong and galvanised soft wires. The in- Kong were not active during the eroase would have been greater but first six months of the year, the for the fact that considerable quan- quantities shipped to Shanghai and tities of Japanese goods have evaded | Japan-usually the two largest con- the attention of boycott pickets and sumers next to the United States of found their way into South China | America--being smaller than in pre- by devious channels.

vious years. To total quantity ex- Imports of load compare favour ported amounted to 3,150 tons, of ably with imports during the first which the U.S.A. took nearly half. nix months of last year. Most of Very little land has been exported the lead is used in the manufacture this year. The price of American of white lead powder-an industry lard has fallen to such an extent which at present is in a fairly pros. that it is now little higher than perous condition. Imports of quick-that of Chinese tard, the demand silver declined. Quicksilver is used for which has fallen accordingly. in the manufacture of vermillion, |As the manufacture of lard is a exports of which from Hong Kong Hong Kong industry carried on and China have declined owing to funder Government supervision it in the growing use of substitutes. The hoped that exemption-from-duty closure of the Canton Mint has led to a decrease in the quantity of cop into the United Kingdom, in which may be obtained on importation per imported.

ENGINEERING SUPPLIES, MACHINERY case exports from Hong Kong to AND AIRCRAFT.-During the first Liverpool should increase quarter of the year large orders

י.

very

were placed for engineering sup considerably. Preserved ginger in plies, but business has been dull jars and cases, furniture, hosiery since the end of April. Owing to and several other Hong Kong manu- financial stringency in the adjacent factures may also qualify for ex- provinces of Chins, no orders have emption of United Kingdom in been placed for machinery of large port duty as Colonial manufactures. dimensions. Substantial sales of At present there is little demand for British aircraft and parts have been these and other purely Chinese com- made to the provincial governments modities exported from the Colony of Kwangtung, Kwangui and Fu- áð Wolfram Ore, Canes and kien.

Feathers.

POWELL'S

GREAT REMOVAL

SALE

definitely ends on THURSDAY

DO NOT MISS THIS LAST OPPORTUNITY

OF OBTAINING GOOD QUALITY

MEN'S WEAR AT

GREATLY REDUCED PRICES.

There are still many bargains left in

SHIRTS, TIES, SHOES, HATS, etc.

Inspection invited.

NEW

COLUMBIA GRAMOPHONES NEW STANDARD TABLE GRAND ́(CHROMIUM-PLATED FITTINGS) ALWAYS THE FAVOURITE IN HOME MODELS. THIS NEW INSTRUMENT AGAIN DOMIN- ATES BY ITS BIG VALUE & GOOD APPEARANCE. POWERFUL BRITISH DOUBLE. SPRING MOTOR.

AUTO-STOP, "PLANO-REFLEX" TONE ARM, NEW COLUMBIA No. 15 A SOUND BOX ALL FITTINGS CHROMIUM PLATED.. Call and hear it-

The Anderson Music Co., Ltd.

Ice House Street.

Sale

of

Tel. 21822.

LADIES' CHILDREN'S

SHOES

FOR THREE DAYS ONLY

AFTERNOON SHOES from $9.50

WALKING SHOES

J

from $9.50

EVENING SHOES

from $2.50

GOLF SHOES COTTON OXFORD CHILDREN'S SHOES

half price from $2.50

LANE, CRAWFORD, LTD.

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