Directory_and_Chronicle_1940 — Page 385

CHINA

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export of wolfram ore (tungsten) increasing in value from $40.7 million to $50.5 million, of which $46.9 million appears as exported to Hongkong. Exports of antimony regulus declined in value from $10 million to $5.6 million, of which $5.2 million appeared as for Hongkong. Tin ingots and slabs declined in value from $39.7 million to $35.9 million, again of this amount $22.4 million appear- ing as for Hongkong. Under yarn, thread, plaited and knitted goods, cotton yarn exports increased in value from $4.8 million to $22.9 million, exports to British India exceeding $10 million and to Hongkong $7 million. The export of drawn-thread work continued to improve, being in value $8.8 million as com pared with $7.3 million, of which amount $6.6 million was for the United States of America. Cross-stitch work and embroideries, other than silk, were well maintained, being $18.2 million as against $20.6 million, the United States of America taking $10.9 million worth as against $12.3 million. Silk embroideries declined in value from $4.3 million to $2.5 million; lace and trimmings also declined from $8.5 million to $7.5 million, the United States of America taking $4.9 million as against $6.2 million during 1937. The oils, tallow and wax grouping is always one of major importance, the value, however, of exports under this group fell from $127 million to $53 million, the export of that staple commodity wood oil declining in value from $89.8 million to $39.2 million, exports to America declining in value from $58.5 million to $3.5 million with an increase in exports appearing as for Hongkong from $16.1 million to $30.9 million. Groundnut oil declined from $17.3 million to $8.5 million, the export to Germany declining from $6.7 million to $2 million and to the United States of America from $5.5 million to $1.8 million. The export also of tea oil to the United States of America fell from $4.8 million to almost nothing. The export of tea improved from $30.8 million to $33 million. Of the total export, $17.7 million worth appears as for Hongkong, $7.4 million for Morocco, $1.9 million for the United States of America, and $1.3 million as for Algeria. Piece-goods exports rose in value from $22.4 million, cotton shirtings and sheetings improv- ing in value from $2.7 million to $7.5 million, of which $4.9 million appears as for Hongkong. Silk piece-goods and silk pongees fell away. Under seeds there was a heavy decline from $35.9 million to $19.5 million; groundnuts in shell maintained their position at $3.5 million as against $3.1 million, but shelled groundnuts (including blanched peanuts) declined in value from $9 million, the export to Germany falling from $3.2 million to $555,000. Sesamum seed (including pulp) fell heavily also from $14.5 million to $1.5 million, Germany. Italy, Japan and the Netherlands, all large buyers in 1937, taking little of noth- ing. Under hides, leather and skins (furs) the value of exports fell from $53.8 million to $19.4 million owing to unsettled conditions in the North. Cow hides also declined in value from $9.2 million to $2.9 million, with undressed goat skins declining from $11.4 million to $2.4 million, the export of these to America declining in value from $8.8 million to $207.000. Similarly, dressed or undressed lamb skins fell from $7.5 million to $1.4 million, exports in their case to the United States of America falling in value from $7.2 million to $1.4 million. Dressed or undressed weasel skins also fell away from $4 million to $1.9 million, exports to America falling from $4 million to $1.4 million. Skin mats and rugs, not otherwise recorded, were valued at only $3.9 million as compared with $9.2 million during 1937, exports again to the United States of America declining in value from $7.9 million to $3.3 million. The export of cereals and cereal products fell in value from $15.1 million to $4.8 million. Exports of bran fell from $4.2 million to $1.3 million, exports to Formosa falling from $1.3 million to $70,000 and to Japan from $2.9 million to $1.2 million, with the export of cotton seed-cake to Japan falling also from $4 million to $797,000. Millet exports, the value of which in 1936 to Japan was $2.1 million and to Korea $1.9 million, fell to nil. The decline under beans and peas from $6.5 million largely occurred in small green beans, which fell from $2.9 million to $808,000, the decline being general over all countries formerly interested. Exports under other groupings were comparatively well maintained and present no special features.

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