HONG KONG RAW MATERIALS MARKET STRONGER; BANK OF CHINA AIDS INTERIOR MERCHANTS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80-00809A000600360249-6
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 2
• Document Creation Date: December 22, 2016
• Document Release Date: July 22, 2011
• Sequence Number: 249
• Publication Date: November 14, 1950
• Content Type: REPORT

Sanitized Copy Approved for Release 2011/07/22 :CIA-RDP80-00809A000600360249-6
CLASSIFICATION coNFIDENTIAr.CONFIDENTIAI J
CENTRAL INTELLIGENCE AGENCY REPORT
INFORMATION FROM
FOREIGN DOCUMENTS OR RADIO BROADCASTS CD NO.
COUNTRY China
SUBJECT Economic -Trade
HOUV
PUBLISHED
WHERE
PUBLISHED
iATE
PUBLISHED
TNIS OOCUY[NT CONTAINS IN IORYATICN AA[CTIM[ TN[ NATIONAL DLI[MS[
Ol TN[ UNIT[D STAT[S WITMIM iM[ Y[ANIN6 OI [S IIO NAG[ ACT [0
V. S. C.. ]I AND S[, AS AY[M D[0. ITS TRANS YISSIOM OR TN[ RLV[LATIOM
Ol ITS COMT[N if IN ANY YAMN[R TO AM UNAV TNO RII[0 I[RSOM IS IRO?
NI [IT[D SY LAM. R[IROOUCTIOM 01 THIS TORY IS IRO NI[IT[0.
DATE OF
INFORMATION 1950
DATE DIST. I'/ Nov 1950
N0. OF PAGES 2
SUPPLEMENT TO
REPORT N0.
THIS IS UNEVALUATED INFORMATION
HONG KONG RAW MATERTQTR MARKET STRONGER;
BANK OF CHINA AIDS INTERIOR MERCHANTS
The Hong Kong market in industrial raw materials continues to im-
prove. Zinc powder, which is being monopolized by a certain foreign
company, continues to rise in price. Potassium alum crystals, potass-
ium granules, sad soda have risen in pr:._a under the influence of US ex-
port restrictions. All arsenical products, regardless of origin are like-
wise rising.
BANK MANS AVAILABLE FOREIGN-EXCHANGE CERTIFICATES -- Hong Kong, Wen-hui
Pao, 24 Sep 50
The Kwangtung branch of the Baak of China has recently made arrange-
ments Por interior exporters to secure long-term foreign-exchange certifi-
cates through the local branches of the bank in the places where they live.
~:`~ This obviates the necessity for those firms which have no representative
is Canton to go to that city to make arrangements for such certificates.
The arrangement whereby goods from North Chins passing through Hong
Kong to South China might enter the mainland duty free has been discon-
tinued since early this month. The reason given is that land transport
has now been restored so that domestic goods may move over inland routes.
US BRISTLES DEMAND UP -- Hong Kong, Wen-hui Pao, 15 Sep 50
New Xork demand for hog bristles has brought advances in ?the prices
of this commodity on the Hong Kong market. The reasons given 1'or the
rise are the limited quantity of Chinese bristles recently passing through
Hong Kong and a?brisk demand on New York stocks by European buyers.
ARMY AIR
Q
50X1-HUM
Sanitized Copy Approved for Release 2011/07/22 :CIA-RDP80-00809A000600360249-6
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SUSPENDS CASINGS EXPORT IN EAST CHINA AREA -- Hong Kong, Wen-hui Pao,
24 Sep 50
The Export Control Office of the East China Export Control Bureau
has temporarily suspended the e:cport-of casings, due., and goosa feathers,
and sheep hiuc'~ because of the unce:^tainty of both the domestic and fore-
ign markets.
Sanitized Copy Approved for Release 2011/07/22 :CIA-RDP80-00809A000600360249-6