The Archive · 1939

Outcome of the Hostilities

In Shanghai itself the circulation is higher than it has ever been before, averaging for the past quarter 8,800 daily as against a previous high mark of 8,480. The outport circulation has naturally diminished owing to the exodus of such a large proportion of the English-reading population from the larger cities of China.

The volume of advertising, like that of every other newspaper, has been greatly affected by the prevailing depression, but the orth-China Daily News" still holds its predominant position as the best medium for the advertising of goods and service.

Text read from the printed page and cleaned; old type leaves the occasional error.

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