Directory_and_Chronicle_1934 — Page 523

DAIREN

TRADE IN 1932:

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The value of the whole trade of Dairen during the year 1932 was 509.1 million yen, an increase of 223.1 million yen over the figures for the previous year. To this total, exports contributed 302.1 million yen...... Generally speak- ing, the crops in South Manchuria were not up to the previous year's standard owing mainly to floods and excessive rainfall and partly to the farmer's

fear of bandits. Of the staple imports of Dairen, the total value of the net im- ports of all cotton goods rose to 49.2 million yen, as against 21 million yen during 1931. Metals and cement for use in the building trade rose to 10,823,327 yen, as against 4,708,724 yen during 1931. Kerosene oil improved in 1932, 4,160,216 (American) gallons being imported, to the value of 2,008,888 yen 1931, only 2,110,886 gallons were imported, with 538,063 yen. Note: The difference in value was due to the depreciated yen.) There was an increase in the total export of beancake amounting to 18.4 million piculs. The total output of the Fushan Colliery for the year was 6.6 million tons. The new shale oil plant, completed in 1929, produced 40,161 tons of heavy oil, 12,640 tons of crude paraffin, 3,445 tons of coke and 25,802 tons of sulphate of ammonia during the year ending March, 1932. The output of the local industrial fac- tories during 1932 was valued at Gold Yen 60,157,000; this showing an increase, com- pared with 1931, of yen 6,137,000.

A motor road between Port Arthur and Shuangtaikou in the Leased Ter- ritory was completed during 1931. It is 23.6 kilometres in length and is part of the projected main road between Port Arthur and Choushuitzu, where it is to connect with the Dairen-Chinchow road. The daily air service between Dairen to Tokyo ran smoothly to schedule during 1932..

The increase in the total value of trade, especially the remarkable rise in the import trade, is chiefly due to the fact that the political conditions of Manchukuo, have been progressively placed on a firmer basis, and that 'con- structive operations have developed favourably. Secondly, the recent fall in the yen, which is very closely connected with the Manchurian trade, has in- creased the purchasing power of the Manchukuo silver currency, thus greatly increasing the Japanese imports into Manchuria

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Despite the activities of bandits and the fact that North. Manchurian fields suffered greatly from the floods, the export of soya beans through Dairen increased owing to the fact that the European market situation to some extent improved, and the Eastern Section of the C. E.R. was the prey of attacks by bandits, thus leading to a diversion of crops to the South

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The decrease in the export trade in 1932 was chiefly, due to the boyentt in the South China markets.

The tremendous increase in imports was also due to the fact that, anti- cipating the restoration of peace and order in Manchukuo, attempts were made to make good for the scarcity of supply during the past several years. Japanese goods encouraged by the fall in the yen, have been without rivals.

Growing construction works in Hsinking, Mukden, Harbin and other cities in Manchukuo were the cause of a remarkable increase in the demand for construction materials.

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