'A-United Press survey of Hong-Shanghai, Feb. 15. kong tea traders revealed there was the Chinese Maritime*Customs statistical secretary's report on tea available for normal export the foreign trade of China for 1939, commences with an intro-demand. Traders said virtually the entire China tea crop -has been due tory survey of the International Politico-economic situation in monopolized by the Chungking Gox-1089, before dealing with actual China affairs, and Customs returns, crnmeat\ for shipmelit to Russia. It The total revenue collection for the year 1939, expressed in national was understood the Soviets have been Pressing for 100 per cent. delivery currency, amounted to $331,323,640, as compared with $245,565,469) Until China's barter committment of for 1938, an increase of $76,758,171 or 30 per cent.
220,000 half chests has been fulfilled.
The recovery in the Customs re-British tea buyers long accustomed ceipts is more remarkable than is at Japan Proper, Formose, Korea, and to filing large export requirements once apparent, in that the collection the Kwantung Leased Territory, or nth Chinese tea have found no tea for 1930, not only exceeded the total 1G.U. 142 million worth out of a total wallable for purchase In Hongkong of $324,633,201, collected in 1930, in Import for all China of G.U. 185 the last year' completely free from million, continued to be entered the existing hostilities, but came through Tientsin and the Northern will be made to the Chungking Gov-within measurable approach of the Ports, the percentage of Japanese ernment by the British Ambassador. Agure of $242,800,799 for 1937, which preponderance at these ports shows: "Agencies Disagree represented the highest total recorded ho increase over 1038, The closure There were indications of a dis since the receipts of the Custom of the Yangtze River to navigation, agreement between the two Chinese Houses in Manchuria ceased. to be has practically eliminated all importa-governmental agencies engaged in {ineluded In the total collection, tion" through this channel. The purchasing the China tea crop. These revival of the import trade at Shang Smuggling {wo agencies are the Puhua Trading hal fs particularly noticeable, totalling Ca, a subsidiary of the Chinese The year commenced with a marked G.U. 2388 million as against G.U. 1189 Foreign Trade Commission, and the Improvement in the Customs control million. The enhanced figure at Chinese National Tea Corporation, over smuggling in all Northern Ports.
Shanghai is largely due to increases smother Chinese Government con-Except for comparatively petty smug: inthe Import of raw cotton of ling between Manchoulcuo and dis-G.V. 587 million and in the import Tt was understood here that the frlets south of the Great Wall, there fof cereals, principally wheat, of was little. evidence of clandestine Chinese National Tea Corporation has GU. 124 million, Of Shanghai's to-financed extensive tea buying In the trade either on land of by sea, Trade {tai gross imports valued at G.U. 238.8 however was greatly hampered million, Japan's share, "including by currency dimculties, trade restric~
Text read from the printed page and cleaned; old type leaves the occasional error.