716
SHANGHAI
temporary in character, however, as it tends to diminish as wages increase and is also offset by the handicap which lower exchange imposes on the purchase of raw materials abroad.
The volume of business done, however, did not, on the whole, bring prosperity to importers. Because of the fall in prices at home, coupled with the drop in silver- many native dealers absconded or baldly refused to take delivery, leaving import, ing houses with large stocks of cargo which they were forced to convert at heavy losses. It was a year of readjustments, many native dealers and home manufacturers also sharing in the losses sustained.
Native Produce to the value of IIk. Tls. 220,221,375 was imported from Chinese Ports, almost all of which was re-exported, namely, to Chinese Ports, Tls. 53,943,356 and to Foreign Countries and Hongkong, Tls. 107,743,685, the net native imports amounting to Hk. Tls. 58,534,334.
The total values of Exports and Re-Exports of Native Produce to Foreign Countries, Hongkong and Chinese ports in 1921 were:-
Cotton Goods &
Yarn..
·
Paper
87,032,605 Rice
Tbeo., Cigs., &c.... 68,325,300 | Beans
Flour
22,258,744 | Wool
Seeds & Seed Cake 14,821,726 | Fibres
Tea
Cotton, Raw
Oil
4
带网
Egg Albn. & Yolk..
Ground-nut
...
11,895,524 | Hides
9,826,144 | Medicines
9,002,271 Grasscloth 8,929,432 | Bristles... 8,709,476 Skins
Tls. 5,836,359 Books, Printed, Tls. 1,864,428
-
5,160,929 | Beancake
1,793,075
5,142,789 | Straw Braid
1,310,195
4,221,977 | Metals
1,128,491
4,093,841 | Fans
985,072
3,722,266 | Tallow
941,739
3,651,838 Pottery & E'ware.
858,176
3,645,711 Nutgalls
45,302
•
+
2,791,277 | Silk
28,716
2,319,820 Sundries
147,298,291
...
44
+++
Total Hk. Tls. 437,641,523
The goods for export brought down under Transit Passes amounted to Tls. 18,457,645 This total shows an increase of Tls. 2,987,413 as compared with that of 1920.
The total carrying trade, entrances and clearances, for the year 1921 was divided amongst the different flags as under:-
940
British Japanese...
Chinese
American
French
Dutch Norwegian
Italian
Danish
Russian
Others
Totals
•
Steamers
Tonnage
Sailing Sailing
Tonnage
Total
Tonnage
4,671
8,690,078
160
40,640
4,831
8,730,718
3,654
6,995,661
7
1,091
3,661
6,986,752
5,301
4,5 8,453
4,153
171,534
9,454
4,709,987
4
1,083
2,199,504
89
11,298
1,172
2,210,802
136
528,596
136
+
528,596
125
392,898
125
392,898
205
179,657
205
179,657
38
134,772
38
134,772
58
122,982
58
122,982
13
4,742
13
4,742
30
80,368
30
...
80,368
15,314
23,857,711
4,409
224,563
19,723
24,082,274
The Customs Revenue, Hk. Tls. 21,511,969, for the same year constituted a record for the port, exceeding that of 1920-itself a record year-by over a million Hk. Taels. It consisted of:-
Import Duties ... ... Hk. Tls. 13,710,776
Export Duties ...
Coast Trade Duties
3,777,684
Tonnage Dues ... Transit Dues
Hk. Tls. 1,268,572
39
659,135
Famine Relief Surtax
"
498,189 1,597,613
Total... ...Ik. Tls. 21,511,969
The foregoing tables show that more than half of the whole trade of China in foreign vessels belongs to "the commercial metropolis of China."
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