1941-07-30 — Page 8

HONGKONG DAILY PRESS

PRESIDENT

LINER SAILINOS

TRANS-PACIFIC and ROUND-WORLD SERVICE

Next Sallings

UNITED STATES

Second & Third Week in August.

For further particulars apply AMERICAN PRESIDENT LINES

"ROUND - WORLD. SERVICE”

AGENTS FOR TRANSCONTINENTAL & WESTERN AIR AND UNITED AIR LINES

12 PEDDER ST.

TEL. 28171.

N.Y.K. LINE

STEAMSHIP SERVICE:-

JAPAN, STRAIT SETTLEMENTS, INDIA,

U. S. PORTS, SOUTH AMERICA (WEST

COAST), AND AUSTRALIAN PORTS VIA

MANILA.

For particulars

please apply to

NIPPON YUSEN KAISYA

King's Building,

Telephone 30291

DECREASE IN COLONY'S IMPORT & EXPORT TRADE FOR HALF YEAR

According to an official report released for publication by the SUPERINTENDENT OF IMPORTS AND EXPORTS, the combined values of imports and exports of merchandise during the first half year of 1941 totalled $689,8 millions (£426 millions) as compared with $746.1 millions (246.1 millions) in the first half year of 1940. and $571.0 millions (36.1 millions) in the first half year of 1939.

In terms of local currency, THE TOTAL VISIBLE TRADE OF THE COLONY DECREASED BY 7.5 PER CENT. IN THE FIRST HALF YEAR OF 1941 as compared with the first half year of 1940, and increased by 20.8 per cent. as compared with the first half year of 1939,

JAP. ASSETS IN COLONY

"Freezing" Favours Chinese Trade

6

The freezing of Japanese assels in the Colony will have a favour- able effect on Chinese trade here, according to Chinese commercial

With

*

+

fac-

1941, decreased by 7.4 per cent, in circles

Imports of merchandise in June, terms of local currency, and by 9.3 per cent. in terms of sterling. Ex-Chinese

It to generally believed that ports of merchandise in June, 1941, here

goods will be marketed decreased by 8.0 per cent. In terms before in substitution for Japan-

in larger quantities than of local currency, and by 8.0 per ese products, the import of which cent. In terms of sterling.

expected to be reduced to COMPARATIVE FIGURES minimum in the future. The following table shows com-small plants, most Chinese

the exception of a Iew

tories here are

not affected by their raw are obtained largely from Americs and the British Empire. They are looking for- ward to increasing their produc- tton in order to meet the growing demand here which is expected In the event Japanese goods dls- appearing from the local market.

(Central).

In terms of sterling the total visible trade of the Colony de- creased by 7.6 per cent in the first

the first half year of 1940, and in- merchandise during each of the the freezing order 85 half year of 1941 as compared with parative imports and exports of

creased by 214 per cent. as com./six months of 1941 as compared materials

pared with the Arst half year of 1939

MERCHANDISE

with the corresponding moniḥs of 1940 and 1939, In $s and C's

terling On millions):-

January

February

March

April

Imports of merchandise amount- ed to $387.3 millions £23.9 mil- lons in the first half year of 1041 as compared with $419.6 millions €25.9 millions) in the first ball year of 1940, and $301.0 millions 18.5 millions in the first half year

1939; whilst exports amounted to $302.5 millions (187) millions), $326.5 millions (€ 20,2 | May millions) and $270.0 millions (£14.6 millions) respectively.

In terms of Hongkong currency, Imports of merchandise decreased by 7.7 per cent, in the first half year of 1941 as compared with the first half year of 1940, and in- creased by 28.7 per cent. as com- pared with the first half year of 1939, whilst exports decreased by 7.4 per cent, in the first half year; of 1941 as compared with the first half year of 1940, and increased by 120 per cent. as compared with the first half year of 1939.

Imports

1939 1940 1941

$40.7 69.7 30.1

£2.5 4.3 3,7 $36.8 53.0 55.3 £2.3 3.3 3.4!

$48.0 75.7 68.5 £3.0 4.7 4.2 $57.1 72,1 65.2 £3,5 4.5 4.1

$59.1 79,3 72,8

June

£3.6 4.9 4.5 $59.3 69.9 84.1 £3.6 4.3 3,9

Exports

1939 1940 1941 $40.2 81.9 52.9

January

February

March

April

May

£2,5 3.8 3.3 $36.5 42.2 38.0 £2.3 2.6 2.4 $43.9 48.0 52.5 £2.7 3.0 3.3 $49.6 58.7 52.4 £3.0 3.8 3,3 $49.3 50.0 53,6 €3,0 3.7 3.3

In terms of sterling, values im- ports of merchandise decreased by

June

$50.6 56.6 53.2

23.1 3.5 3.2

7.7 per cent. in the first half year

of 1941 as compared with the first

29.2 per cent. as compared with

the first half year of 1939: exports: decreased by 7.4 per cent, in the!

Japanese Shipping In U.S. Ports

WASHINGTON, July 29 Reuter) --Before eonferring yesterday with Mr. Sumner Welles, Assistant Secretary of State, about the freezing of Japanese assets in the United States, the Japanese Am- bassador, Admi Nomura, told newspaperment that he understood that Japanese ships were not sub- ject to the freezing order.

He added that he hoped to clarify this and other questions at the State Department.

SILVER MINE BAY EXPLOSION

It is learned that a drifting mine

half year of 1940, and increased by KIANGSI LAND TAX in the vicinity of Silver Mine Bay

COLLECTION

struck a fishing junk on Sunday afternoon about 8 p.m.. as a result

the

first half year of 1941 as compared plying with a resolution adopted and some injured,

TAIRO, July 29 (Central)-Com-of which 13 persons were killed with the first half year of 1940, at the recent National Financial

Police launches came on and increased by 12.7 per cent. as Conference, the Kiangsi Provincial scene and sume of the survivors compared with the first half year Government has decided to levy were rescued and sent to hospital. of 1939.

TOTAL VALUES

land tax in kind as from August this year.

The following table shows the

The Provincial Government has total values of Imports and ex- also decided to establish a Latid ports of merchandise in '£'s and Tax Administration Bureau on $'s millions for the first half year August 1 with Mr. Wen Chun,

PEARL RIVER

Reports that the Japanese au- thorities in Canton were contem- plating closing the Pearl River, as

of the five-year period 1997 to Commissioner of Finance, acting from Aug. 1, were denied yester-

concurrently as Director

1941-

Imports Exports

1937

£17.7 £13.5

1938

£21.1

$286.4 $218,0 £16.7

TRAVEL A.-O. LINE

$342.2 $289.9

1939

£185 £16,0

$301.0 $270.0

1940

£25.9 $20.2

$419.8 $320,5

1941

£23.0 £18.7

$387.3 $302.5

To AUSTRALIA

For particulars regarding Passengers, Cargo and Sailings apply to:-

BUTTERFIELD & SWIRE

Tel. No. 30332,

Agents.

1. Connaught Road.

DOUGLAS STEAMSHIP

. CO., LTD.

SAILINGS FOR SWATOW, AMOY & FOOCHOW & RETURN

(Sallings temporarily suspended)

KWANGCHOWWAN~HONGKONG SERVICE Weekly sailings from Hong Kong

For particulars of Freight & Passage apply to:-

DOUGLAS LAPRAIK & CO.,

General Managers,

Tel. Nos. 28837 ^Z^22038.

0. Building, 5th look.

What do you want ?--

If there is anything you want to buy or sell, try a small Classified advertisement in the Hongkong Daily Press.

25 words #1,50 prepaid for 3 insertions.

JUNE FIGURES

The combined values of the Colony's imports and exports of merchandise as declared during the month of June, 1941, totalled $117.9 millions (27.2 millions) as compared with $126.5 millions (£7.8 millions) in June, 1940.

In terms of local currency the total visible trade of the Colony decreased by 6.8 per cent. in June, 1941 as compared with June, 1940; and 1.7 per cent. in terms of sterling,

Imports of merchandise in June, 1941, totalled $64.7 millions (£3.9 millions) as compared with $69.9 millions (£4.3 millions) in June, 1940, and exports $53.2 millions (232 millions) as compared with $56.6 millions (£3.5 millions).

BANK

day by well-informed quarters.

SHINA NAVIGATION

100MPANY, LIMITED.

Frequent and Bogular Sailings for

SWATOW, AMOY SHANGHAL, Teretio,WETHAIWBI

ÜHTо and TIENTSIK.

Kwangchowwan and Hotnow

HAIPHONG

CANTOF (Weekly sailing)

TOURANE, SAIGON and Bangxox,

SINGAPORE PORT SWETTENHAM and PENANG

BAIBON, MIRISANDAEAN, MADang, Salamata. Ranaut,

TULAGI, Gizo and LORINGAU.

For further particulars regarding loading dates etc. please apply to---

BUTTERFIELD & SWIRE

TELEPHONE NO. 30331

LINE (CHINA)LTD

AGENTS FOR

ELLERMAN AND BUCKNALL S.S. CO., LTD.

Regular mailings for UNITED KINGDOM

'NEXT SAILING. AUGUST

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THE BANK LINE, LTD. ORIENTAL AFRICAN LINE

for Mauritius, Reunion, Tamataro, Lepromoo Marques, Durban and Cape Porte AS OPPORTUNITY OFFERS AMERICAN.ORIENTAL LINE

Regaler silice for Boston, New York, Philadelphia # Baltimore

AS OPPORTUNITY OFFERUS

For Freight or Passego on any of the shore lined upply --

THE BANK LINE (CHINA), LT

WEDNESDAY, JULY 30, 1941. -PAGE

P. & Q.

Passenger & Cargo Services

to

Straits, Ceylon, India, East & South Africa,

and

United King Jom.

B. I.

Passenger & Cargo Services

to

Straits, Burma & India E. & A. Passenger & Cargo Services

to

Philippines, Australian Ports

and New Zealand with transhipment. For further particulars apply to MACKINNON, MACKENZIE & CO.

Phone 27721.

BARBER-WILHELMSEN LINE

SERVICE TO

BOSTON AND NEW YORK Via LOS ANGELES & PANAMA

by NEW FAST VESSELS

NEXT SAILING END JULY

Following sailing early August

Taking cargo on Through Bills of Lading for West Afrien

(via New York)

r

DODWELL & CO., LTD.

Hong Kong, Bank Building,

Agents.

Telephone 280R1.

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