The Archive · 1940

Chinese February Export Figures

Chungking. Apr. 6.

Chinese _yoods valued at KSI, 700,000 were exported from China. via Hongkong, during February, representing, an Increase of HIKS2,500,- 800 over the figure for the corresponding period last year. oftcially "announced here.

Compared with the record month jot January this year, which totalled H1K$20,000,000, "however, February's figure represents a decrease of nearly the "present Ch$37,700 will be required to cover the estimated capital expenditure ducing 1940.

'Some ut you may, no doubt, feel somewhat disappointed that" your directors do not see their way to recommend a larger dividend than 7 Jeonts per share but they take the view that their primary duty in these Tuneertaln times' is to endeavour to tonsure the safety of your capital Jasset and in order to achieve thig it is necessary to build up, as quickly Jas is reasonably possible, the Ananciat ability of the company.

Chinese authorities attribute the Jdccrease firstly to a slackening in the supply of native cods; secondly, to seasonal fluctuations: and thirdly to unfilled orders for' the month of December last year, which were also included in the Agures for January.

The export figures for February.

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

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