General here has compiled statistics of the exports of goods from "Shanghai to America during the} first quarter of 1921, as compared with the same period of 1920. The result of the figures arrived at is to; show a considerable decrease in the value of the exports for this year when calculated in gold dollars, but when the rate of exchange of} the periods is remembered the decrease is no longer so pronounced, in fact the volume of goods must in certain cases have been larger during the first quarter of 1921, During the first quarter of 1920, it must be remembered, exchange fluctuated in the vicinity of 150 to the U. S. dollar, whereas during the corresponding period of the present year the rate has been roughly between 60 and 70.
The value of art works exported during the first quarter of 1921 was! G.$32,319 as against G.$68,847 in the same period of 1920, but in view of the considerations we have mentioned the actual amount this year has been Jarger. Under this heading are comprised antique porcelain, horn, amber, jade and other ornaments, pictures and paintings.
An increase is shown in hog but a decrease in sheep casings, while; there is an increase in the value} of wool carpets.
Antimony dropped in value from G.$169,826 for the 1920 quarter to G.$156,027 for this year.
Text read from the printed page and cleaned; old type leaves the occasional error.