The value of exports improved by 226 per cent. or from $576 million {in 1985 to $106 million, for 1930. The. comparatively lower dollar and some uplifting of world depression ex-excised general beneficial effect, but the main advantage accrued from the enhanced demand for certain of China's staple products.
Comparative statistics for the value of the export trade during the past three years show that-the textile fibres group headed the list for 1936, there being on increase in ex-Ports of $64 million in the value of raw cotton sent abroad. Exports of silk also improved by over $3 million. Under the second category of animal and animal products, ete. bristles and eggs and eggs products were higher by $9.1 million and $97 million respectively. Under the heading oils. tallow, and wax, wood oil was exported to a value of $73.4 million, an increase of $31.8 over the figure for 1935. Under "ores, metals, and metallic products, tin ingots and slabs improved by $64 million and wolfram ore (tungsten) by $25 million. Exports of cation yarn declined by §68 million, while" cross-stitch work and embroideries other than silk increased in value from $35 million to $19.1 million. Shelled groundnuts fell by $84 million, The export of hides and skins appreciably improved, while there was a slight increase of $1 million in the value of ten exported.
Treasure and Exchange 'The embargo placed on the export of gold from China in May 1030 still remains in' force. Net shipments made on Government account during 1936 amounted to $40.6 million compared with $38.7 million during 1935, $516 million during 1994, and $094 million during 1933. Net shipments of silver, made principally to the United Siates of America, amounted to. $249.6 million as compared with $824 million during 1935.
Exchange rates ruled throughout the year. The Shanghai exchange rate on London opened at 1s. 2%d. fand closed at the same figure, On New York the opening was 20% cents and the closing rate 29% cents, On Lyons the rate opened at Frs. 447 and closed at Frs. 629, while on Yokohama the opening and closing rates were Yen 102% and Yen 103%,
Text read from the printed page and cleaned; old type leaves the occasional error.
