SOUTHWEST TRADE IMPROVES; HONG KONG TRADE SLOW IN SOME LINES

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80-00809A000600350035-4
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 2
• Document Creation Date: December 22, 2016
• Document Release Date: August 22, 2011
• Sequence Number: 35
• Publication Date: September 28, 1950
• Content Type: REPORT

Sanitized Copy Approved for Release 2011/09/14 :CIA-RDP80-00809A000600350035-4
~oHF~~T~Ac~~~tDE~r~~~
CENTRAL INTELLIGENCE AGENCY REPORT
INFORMATION FROM
FAREIGN DOCUMENTS OR RADIO BROADCASTS CD N0.
COUNTRY China
SUBJECT Economic -Trade
HOW
PUBLISHED Daily newspaper
WHERE
PUBLISHED Hong Kong
DATE
PUBLISHED 25 Aug i95G
LANGUAGE
TNIf DOCVY[NT CONTAIN? IN IORYATION AT/[CTINO TN[ NATIONAL O[I[N![
0/ TX[ VXIT[D fTATff WITXIR TX[ Y[ANI Nf 01 [f /IONAOI ACT f0
V. f. C.. [I ANO )f, A! AY[NO[D. ITf TRANl YI9310N OR TX[ R[Y[LATIOR
0/ ITf COXT[NTS IN AXT YANNIR TO AN UNAVTNORI[[0 I[RlON I! /RD~
NIfIT[D fY LAM. RIIROOVCTIOX 01 TNI6 /DRY I! IROXI[ITl O.
DATE OF
INFORMATION 1950
DATE DIST.- ~ Sep 1950
N0. OF PAGES 2
SUPPLEMENT TO
REPORT N0.
THIS IS UNEVALUATED INFORMATION
sovTHw~sT TRADP n~ROVas;
I HoxG~KOaa TRADE siaW ~,soMS LIRES
Chungking, 24 A~~gust -- The increase in the movement of commercial goods
in the southwest this year is shown by the rise in transport figures. and-the
expansion of the area covered by the movement. Data of the Yangtze River
Transport Bureau reveals that t e traffic is export goods rose from 22,648
tons for the February April per~od to 58,757 tons for the May-July period.
Import goods traffic rose from 18,232 'tons to 33,442 tons in the correspond-
ing period. The above figures cover only goods carried by steamers.
A similar rise was registerer? for ,junk. and highway transport. Another
index of the increase in movement is remittances for payments. The Chungking
branch of the People's Banl: handled 198,600,000,000 yusa of remittances in
the first 4 months of the year and 976,300,000,000 yuan during May through
Ju]y . .
With the slowing down of purchases of industrial raw materials by Th~siland
and signs of repletion on the part of mainland buyers, as well as dumping of
futures., except for a few indispensable items the >ffirket is stagnant. A ship-
ment of sulfide ores ordered by local buyers at 600 Kong Kong dollars per ton
is ezpected in port ear]y in October. An order has been placed for German
arsenic crystals et 0.92 Kong Kong dollars per pound. Yesterday, a deal was
closed on the market for 20 tone of South African sodium arsenate at 80 cents
a pound: Considerable quantities of various chemical fertilizers have been
included in transactions.
;f.IIONG KONG TIItE MARK&T REVIVISS -- Hong Kong Wen-hui Pao, 25 Au8 50
F~
The embargo placed by the Hong Kong authorities on the export of tires for
military use created a teulporary-slump in the local tare market. Hoxever; it
has been discovered that the prohibition does not apply to 34x7..and 32x6 tires,
and so a~number of shipments of these have. already been sold., `?
CLASSIFICATION
ATE HAW ~ NSRB'
ARMY AIR FBI ~~
-1- CON~1~E,~T>~~?~
CORFIDSNTIA7A
Sanitized Copy Approved for Release 2011/09/14 :CIA-RDP80-00809A000600350035-4
 Sanitized Copy Approved for Release 2011/09/14 :CIA-RDP80-00809A000600350035-4
OONFIDEN~~A`
TUAG OIL MARKE'P 9CTIVE -- Hong Kong Wen-hui Pao, 25 Aug 50
Local tong oil dealers report that since the Japanese government permitted
the import of that commodity, the market has become ve,~y brisk With 1,000 drt:ms
a day changing hands. 011 is coming in from 8hemghal as xell as from Canton.
Prices show an upxard tendency. Supply is still below demand.
Sanitized Copy Approved for Release 2011/09/14 :CIA-RDP80-00809A000600350035-4