A10
CHINA
shipping with 5.4 million tons, Norwegian shipping with 4.5 million tons, and other flags aggregating 10.4 million tons. These figures include 44.9 million tons entered from and cleared to foreign countries, and 95.6 million tons. entered and cleared coastwise: they do not include the tonnage of vessels plying: under Inland Waters Steam Navigation Regulations. The leading ports in China as regards shipping trade with abroad were Shanghai, Canton, Swatow,. Kiaochow, Kowloon and Tientsin, in that order. The following table further analyses the shipping trade, showing the percentage share of the total entrances. and clearances taken, by the three leading flags during the year under review:-
Foreign Trade
Domestic Total
Trade
Trade
British... Chinese...
Japanese
...
Per cent.
Per cent.
Per cent..
38.87
43.33
41.91
15.16
35.94
29.29
...
. 19.14
12.09
14.34
Mention should be made of the fact that four new Chinese flag vessels, two of which were built at Newcastle and two on the Clyde to the most modern designs, were added to the coastal fleet of the China Merchants Steam Navi- gation Company during the year under review. Two of these vessels had actually arrived in China before the end of the year and the other two were en route. For further details, reference should be made to the exhaustive statistical data to be found in the Shipping tables (in this first volume of "The Trade of China"), which include particulars of all entrances and clear- ances both for the foreign and domestic trade of the country, analysed by number and tonnage of vessels as well as by ports and by flags. Local and regional conditions have been touched upon already in this report in some of the port reviews for example, the reviews on Tientsin, (conditions on the Taku Bar and the Haiho), Chungking (conditions on the Upper Yangtze), Hankow (conditions on the Middle and Lower sections of the Yangtze), and Shanghai. (activities of the Whangpoo Conservancy Board, conditions in the harbour and approaches, etc.).
FREIGHTS VIA Sunz
Freight rates by "Conference" shipping lines to Europe via Suez were maintained at the previous year's level for certain commodities as follows (per ton): general cargo, 90s.; hides, 77s.; bristles, 132s; raw cotton, 66s.; cotton waste, 42s.; tobacco in bales or cases, 66s.; cotton lace, 114s. or 2 per cent. ad valorem. On the other hand, reductions were introduced for certain export commodities, and the following were the principal items affected: tobacco. in hogshead, from 90s. to 80s. ; hemp, from 90s. to 60s.; sesamum seed, from 48s. to 44s. 6d.; brassware, from 102s. to 85s.; China grass (ramie), from 66s. to 60s. and later to 55s. Rates for tea, the shipments of which were unusually heavy, underwent various changes, ranging from 78s. at the opening to 65s. at the close of the year. Rates for oil in bulk were maintained with the exception of those for wood oil, which were reduced from 90s. to 35s. on the 1st July and raised to 80s. on the 1st October. The rate for groundnut kernels was reduced from 33s. to 28s, in March, and the latter rate remained in force until the end of June, after which the rate was left "open" charges from groundnuts. in shell followed a similar course. The rate for beans was reduced, from 36s. to 31s. in May, but was restored to the opening price after October. The raw silk rate, hitherto quoted in local currency, was placed on a sterling basis in June, and a quantity of this valuable freight was actually despatched to Europe via Japan in order to take advantage of the lower rates ruling for silk in the latter country.
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