Imports Still in Exeess but 1935 Exports Exeeed 1934
The new trend in. the current of China's foreign trade will gratety commercial and financial elreles who view the continued adverse. balance with alarm. Although there were large excesses of imports over exports the value of merchandise. ex-hanged in both years, the import xeess. was less in 1038 than in 1934 and-although the volume of trade was less. in. 1935 compared with the total volume of 1934, the volume of 1835 exports was greater than the 1924 volume of exports.
These facts emerge from the comparative figures just, issued by the Chinese Maritime Customs in the December Monthly Returns for Ching which now appear in amplified form and with an improved arrangement, he statistics are given in the usual way but the (we divisions formerly made have been combined so. that Under the broad. divisions of import and export the descriptions of merchandise are put under special groups vith "full details given of quantity, Value and also the names of countries of origins or destination. A similar arrangement is made for bullion ship ments. The combining of the records, ormerly given in separate divisions and tables, makes the statistics. In many ways more convenient, Years 1934 and 1995 Compared The excess of imports for the period 1934 January-December was $494,490.45 against the 1995 Jan.-Dec, period at $43,402,202 which shows the "decrease in the difference of 3151,018,92. tu the net import totals for the 1994" Jan.-Dec. period 81,029,665,224 against the 1038 Jon.- Dee, tolai of $019,211,322 there isa "liflerence of $10,458,002 which only. partly represents the toss in the Volume of trade because the net export total of 1934 Jan,-Dee, period $535,214.79 Is smaller than the 1935 by the difference of $40,504,781, would certainly Indicate a new trond as the total volume of the 19%4 Jan, Dec. period, net import and net export, was $1,564,879,503 against the corresponding 1935 total of §1,495,020,- 382 which, In the difference of $09,889,121 is the drop in 1998 in the volume of foreign trade over that of Bullion Shipments The bullion shipment Agures, me cluding silver bars "and subsidiary coins but not Including banknotes, correspond in that China imported fold coin and bullion valued GU. 5.850 and silver coin and. bullion valued $10,890,380 for the 1034 Jan." Dee. period against gold valued G.U. 281,480 and silver valued $10,906, t for' the 3995 Jan.-Dec. period, Net exports for the 134 Jan.-Dee, period vere old. valued at G.U, 26422,390 ind silver valued at' §267/558/531 Against the 1935 corresponding ox-ports of gold valued at G.U. 21,020,000 silver valued $70,39
Text read from the printed page and cleaned; old type leaves the occasional error.