722
SHANGHAI
considered by merchants to be as large as the 1921 withdrawals, it may nevertheless conceal a great deal of unprofitable trade. Exchange, which determines the local duty-paying value in Haikwan taels of foreign imports subject to a 5 per cent. ad valorem duty, showed a further decline in the average yearly rate from 3s. 11 d. in 1921 to 3s. 5d. during 1922, and may thus be mentioned as one of the contribut- ing factors to the increase under import duties. A great many of the imports paying ad valorem duties were, further, of a non-mercantile nature, such as building materials, and added to the Customs receipts without stimulating the market.
Traders are finally becoming increasingly handicapped by the competition which at times seems to outgrow the pace of the natural expansion of the country and which in years of depressed or very sensitive markets tends to heighten the established trader's difficulties.
The foregoing tables show that more than half of the whole trade of China in foreign vessels belongs to "the commercial metropolis of China."
Zeang-kee
DIRECTORY
ABDOOLALLY, EBRAHIM & Co., Merchants and Commission Agents-137, Szechuen Road
Ebrahim Noordin & Co., Bombay D. E. Ebrahim
S. C. Ebrahim
Ting-shing
ABRAHAM, BROS, Importers, Exporters and Commission Agents, Customs Clearance, Shipping and Forwarding Agents-31, North Soochow Road; Teleph. N. 740; Tel. Ad: Abbros; Codes: A.B.C. 5th edn. improved, Bentley's and Western Union
A. E. Abraham (Palestine)
do.
R. Abraham
D. Abraham
豐益 Yik-fong
ABRAHAM, D. E. J., Merchant and General Commission Agent-23, Peking Road;
Telephs. 269 and 1469; Tel. Ad: Pigeon
特凱 Ka-sze
ABRAHAM, KATZ & Co., General Import
and Export Merchants and Commission
Agents-146, Dixwell Road; Teleph.
N. 2575; Tel. Ad: Abkatz
Wm. M. Katz
司公船輪督提
De-tuh-lung-shin-kung-sze
ADMIRAL ORIENTAL LINE-Headquarters
Office: Corner of Nanking and Kiangse
Roads; Teleph. Central 5971; Tel. Ad: Admiraline
E. F. Townsend, Oriental manager
Geo. J. McCarthy, assist. general
passenger agent Miss F. Jaeger
Local Agency Office-Corner Nanking and Kiangse Roads; Teleph. Cent. 5971; Tel. Ad: Admiraline
H. T. Krull
E. E. Anderson
J. N. McGowan
C. N. Newbury Miss K. Peach
A. D. MacBoyle | Miss Chandler
司公酒啤海上
Shang-hai-be-chu-kung-sze
AKTIESELSKABET UNION BRYGGERI (Scan- dinavian Brewery Co.)-Brewery: 40, Gordon Road; Office: 17, Museum Road; Telephs. Cent. 1462 and 4897; Tel. Ad: Unionbeer; Codes: A.B.C. 5th and 6th edns., Bentley's
F. Hoehnke, secy. and gen. mgr.
V. Brockman
G. Chermak❘ P. Symons
ABMX Aye-erh-teh-kung-sze
ALGAR & CO., LTD., Architects and Sur- veyors, Land, Estate and Insurance Agents-Loxley's House, 11, Yuen-ming- yuen Road; Tel. Ad: Classic
A. E. Algar, M.S.A., managing director A. P. Nazer, director
J. W. Wilson, M.S.A. | H. J. Encarnaçao
N. Kent
Miss M. Knox
ALL-RUSSIAN CENTRAL UNION OF CON-
SUMERS' SOCIETY See
(England), Ld.
Centrosojus
師律大論愛國美大
Ta-me-kwok-ay-len-ta-leh-sze
ALLAN, A. S., Attorney and Counsellor-at-
Law-12, Jinkee Road; Teleph. 1337
No comments yet.
Private notes are available after approval.