The Archive · 1941

Shanghai's Trade With Germany

U.S. Trade Figures

Washington, June 28. (Continued from Yesterday) United States exports to the United Kingdom in April zoomed tọ the

July 25, dealing with the constant stream of goods supplied conclusion of an article from "Finance and Commerce" of highest level in 20 years while exports to the Far East barely main-by Shanghai to Germany during 1940 and the first four months tained last year's levels, the Department of Commerce revealed yester-of this year, the first part appeared in yesterday's issue. day.

Before the "incident" of 1937, Germany imported goods to the Exports to the United Kingdom value of between U.S.$10 and U.S.$12 millions during the first during April, including Lend-Lease four months of each year. After 1937, the imports dwindled in materials, totalled US$128,000.000. a U, S.$2.4 millions for the January-April period of 1938 and to the highest monthly total in 20 years. an oficial report showed-U.S.$3.9 millions for the corresponding four months in 1939. Last year they were U.S.$947,000 only (the undeveloped trans-Siberian British Empire Exports railway not permitting larger deli ivories) but this year they jumped Exports to the entire British Empire in April aggregated),000 up again to U.S.$24 millions. compared to US$216,000,000 in March-Out of this U.S$24 millions. substantial business, apart from the Imports from the British Empire dees and paint were valued state-owned Deutsche-Asiatische Bank. clined to US$116,000.000 largely due at U.S$1350000 and chemicals, are: Carlowitz & Ca. (representing to the drop in rubber imports from chemical compounds, medicines and British Malaya. drugs at U.S.$660,000, these two Trade figures for the first four groups. almost all supplied by the months of 1941 showed that United—091|I. G. Farben, representing about 85 ete" with considerable interests in States exports to the Orient, Australia per cent, of the total import value.

North before the and southeastern Asia barely main-imports were electric motors war, representing the Norddeutsche tained last year's levels but imports U.S.$40000, scientific instruments Lloyd); Siemssen & Ca. (represent-boomed.

U.S$24000. and photographic suping important German industries and United States exports to Japan in plies U.S.$61,000. (North China imengaged in importing chemicals and the first four months of this year ports less dyes and chemicals and pharmaceuticals from German firms totalled US$41,227.000 against USS more iron and steel bars, motors, outside the I. G. Farben combine); 78,183,000 for the same period of 1940. tools, etc.) Imports from Germany Defag (Waibel & Ca. Krause & Ca.

Exports to China for the first four into Shanghai for the first four Agfa China, & Bayer) is the China months of 1941 totalled US$29465,000 months of each of the past six years office of the I. G. Farben and did a against US$30.720,000 for the first have been: large business here in pharmaceufour months of 1940.

millions millions ticals and dyes.

Exports to other Far Eastern German companies of lesser im-.US$24 194. uses countries during the first four months portance include Schmidt & Ca. (re-of 1941 compared to the first four presenting Leitz and other industries months of 1940 were: to the Philip-In 1939, these supplies from Ger-supplying scientific, surgical and many represented over 7 per cent of optical equipment); Reuter Brock: pines, US$33.231,000 against US$34—the total import value, in 1940 about man & Ca. (active as exporter: 938.000; to Australia, US$19,905,000 1% per cent and this year approxi-Siemssen & Krohn (the largest tea against US$30,024,000; fo British India, mately 36 per cent, exporters to Dairen); Siemens China 319,000 against US$21,604'000, So much for the imports. As al-(general importers); Glathe & Witt to British Mal 'US$15,967,000 (importers of German, Swiss and against US$4.994000; to French Indo-American products); A. E. G. (con-China, US$2176,000 against US$2.- tractors and imponers); Holland 998.000; to Hongkong, US$8.959, against Ca. (export-import, chiefly in Tien-USS5,794.000; to the Netherlands East tsin); Kunst & Albers (chiefly con-Indies, US$29.952000 against US$16,- tractors and engineers, but with no 214000 and to Egypt US$25.213,000 imports now from Germany's great against US$7,930.000. industries such as the M.A.N.); Haus-"United States imports from the mann and Wessendorf (exporters of same areas this year compared to tea, seeds and oil); Eickhoff & Ca. the first four months of last year exports).

(China business in paper, piece-goods were: from Japan, US$40,005.000 Dairen Trade and hardware); Telge and Schroeter against US$48,287.000; from China, US (import, and export. but larger in-$27,995,000 against US$26.756,000; from During January to April 1939 and terests in Tientsin), There are several the Philippines, US$30.562,000 against 1940, Shanghai exported goods other firms whose activities had al-Dairen to the value of U-S$720,000 most ceased. In addition, there are Ut 1000; from Australia, US$42,- and U.S$380.000 respectively. This 050,000 against US$8.110,000; from several shops and cafes, but these British India, US$32026.000; against year the exports amounted to U.S. are of local importance only, depend-'US$41,356,000: from British Malaya, $2,950,000 and it would be a liberal ing mainly on Chinese clientele. estimate to allow U.S.$750,000 out of "US$115.018,000 against US$82.273,000; from French Indo-China US$8,111,000 this for Manchoukuo. Exports included U.S4$880.000 of cotton and against US$3,312000 and from the waste. some of which would be used Netherlands East Indies, US$57,846- In Free China a. number of small in the Manchoukuo mills, copper in-German firms have established them-000 against US$44,762,000—United gots and slabs to the value of U.S.

Press. selves, but four—Carlowitz I. G. $45,000 and small quantities of manu-Farben (Defag), Siemssen and Mel-factured goods which were doubtless chers have substantial business inter-U.S.S.R. To Issue Bonds intended for the Manchoukuo market. ests and handle a good deal of import Exports of tin from Shanghai to and export trade with Germany.

Dairen amounted to 99.2 tons and of Tokyo. June 26. which goes, unrecorded. via Turkes-antimony regulus to 32.6 tons, and The "Hochi Shimbun." quoting tan (land and air). "The local Ger-probably most of it was transported sources in Vladivostok, reported toman propaganda department never to Germany via Manchouli Other refers to trade with Free China, but day that the U.S.S.R. has decided to China produce. with a large part. if issue this year 9,500,000.000 Roubles it is known that China exports wool, not all, destined for Europe, includ-in bonds which will go on sale on tea. skins, leather, tung-oil and pro-July 15. The issue will be an in-bably antimony as well as seeds, on Approx Value crease of 1,500,000,000 Roubles over a barter basis, in USS last year.

The local German propaganda is Dried egg albumen centralized under Mr. Cordt, the Bearing 4 per cent interest, which will be tax-free, they will be Embassy Press Chief, who supervises amortized in 20 years. Bonds will the local papers (headed by Dr. Ley) be alloted to each factory, farming and the German news-services and village and government, for correspondents representing Trans-sale, it was said. ocean and the D.NB.

The issue comprises sixteen and one-tenth per cent of this year's budget of 286,100,000000 Roubles—

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

Your account