The Archive · 1929

The Increasing Trade of Shanghai

Important Tables of Customs Revenue Showing Larger Collections This Year Based on Old Tariff Rate Customs revenue figures of the utmost importance as manner in whig they have been drawn up {hg¥ show in an unmistakable yyrner that in comparison with g'Fitrst half of last year local trag@has advanced under all head-in@ These figures are contained in tables published below, and it will the seen from them thal to arrive at_a correct appraisement of the condition of Shanghai's trade the comparisons made therein are on the beris of the old five per cent tant, The increases which have naturally been brought about ty the new tariff rate over and above that five per cent, are not included, Te will be soon from the tables that the revenue collected in June, 1929, taking the old rate only, 10 nearly half a million taels in excess of the June collection, 1928; while the Shanghai collection for the period: from January, 1 to June 30 (old five per cent rate) this year aggregates Hk. Tis, 18/912,706.819 against Hk, Tls. 15,104,548.554 for the corresponding period last year, thus showing an increase for Shang hai alone of Hk. Tis, 9,208,248.- 255!

It-is interesting and significant to learn that all the Treaty Ports in China are regularly remitting their total revenues to Shanghai, where these are placed in the direct control of the Inspector-General for the liquidation of the indemnity and loon services secured on the Maritime Customs, ete, and the balances remaining are then held to the onder of the Minister of Finance, The tables are a3 follows:—

Shanghai Customs Revenue Collection (Old Tariff), June, 1929, Report Expat Tonnaxe tics Coast Trade Transit Dues 1229 1028

Increase (+) oF Decrease, Wk Ta, 811 15.585, Total Total Collection January 1 to June Total Collection Jananry 1 to June 1929, Hk, Ths. 1928, Ik. The, Tnerease to date Hk, Tie, Shanghai Collection (Old Tarif), January 1 to June 30.

Increase (+) oF Decrease Tk, Th tk. Tis, Export 2746 010.518

Coast Trade '381/851-003 Transit Dues"; Sonss4'2a1

Total 6 months 78,312,796.810

Shanghai Collection (Old 1026 1927

Tariff): January 1 to June 30, 1929 Percentage of or. Decrease Hk. TI Mk, The. Import 248.

Tis, otk Ths, Bae 0,396842.02¢ rnaueacoaie 250%

904,884.000 1,190,157.000 1423

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