Imports Show Drop and Exports Increase But Unfavourable Balance Continues ROM the returns issued by the Chinese Maritime Customs for Shanghai for the month of May, 1937, it will be seen that imports at $63,960,941 dropped as compared with the previous month when the figure stood at $69,028,020.
Export figures were $41,131,879 for May as against $38,849,162 in April, Thus it will be seen that the unfavourable trade balance was $22,829,062 for the month. of ample cash reserves, is doubtless} Justified in using a portion of them for buying stocks at their present] allractive levels but otherwise purchasing power should probably be libeld largely in reserve pending a clarification of the outlook.
Monday's lene class quotations, tone sees Bi Imports for the January-May period amounted to $208,536,402, in Comparison with '$208,162,557 for the
Text read from the printed page and cleaned; old type leaves the occasional error.