TIN EXPORT, CHINA

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R004100430012-0
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 3
• Document Creation Date: December 14, 2016
• Document Release Date: February 12, 2001
• Sequence Number: 12
• Publication Date: January 19, 1950
• Content Type: REPORT

~: .SSIFiC.~TION r,-
7 T, 25X1A
Approved For Relea e4 -1/D3f1-' lOEr1 =F DMf00457R(01 W43.
'
COUNTRY
R d
U i MTiON REPORT
China/Hong Kong/Macao fxndoffi FIDENTIAL
SUBJECT Tin Ex--)ort; China
PLACE
ACQUIRED
DATE OF IN
25X1A
CD NO
DATE DISTR.19
JAN 50
NO. OF PAGES
3
NO. OF ENCLS.
(LISTED BELOW)
SUPPLEMENT
REPORT NO.
1. During 1949 tin has been exported from Hong Kong by the following corm:,a,nieS:
a. Chee Hing Company, Chung Tin Building, a large tin export first for over
40 years. It is well though of in Hong Kong and. has informed the Hong
Kong Government of all of its dealings. Mr. MAR, the tt+eawger, has an
excellent rerutation as an honest man.
b. Chin; Cheng Con .ny, Marina House, which is ownted by Chee Ring.
c. L. Ronrlon and Com- akm, French Bank Building, a French trading firm
which, with Chee Hing, is one of the two largest private tin export firms.
ri.. National Resources Coru^ission, Jardine Connound, East Point, Hennessy
Roarl I
e. T. O. VJONG and. Comic ny, Princess Building, Ice House Street, which also
exports tin through Kw.4g Shine Cheong, vest Point2.
f. Pei-in Syndicate, T td, Hong Kong Club, a large British firm which only
handles small quantities of tin.
{;. Hong Kon a-Canton F, port Co rnoany, French Bank Building, which also ex-oorts
under Oliver-.Chine S. A.
h. C. Arnulnhy, French Bank Building, ,?io trorks for Rong Kong Canton c,ort
Gorman; but also exports for his own account.
2. Only small tin shipments, have been handled by the folloc'ring companit
a. Bunnax& Tong and Conpa.ny, Marina House. ).cu$otnt N~?
fi? C:.:?C; ; in
b. Frazer Scott Ltd., Telephone House. UYr. ,
Tung Ke. Hong; French Bank Building. C4A''''
.A r\7
d?, Rock Tine, Com-r. arty,, Ltd. , 15 Connaught Road. Au, k~ , a1 ? ,
auto;
CLASS! FICATiON r co;rgnnor, r.,. 01'~!?'TCXALS .q
NAVY rrsRB DISTRIBUTION
AIR
Approved For Release 2001/03/17 : CIA-RDP82-0
This document is he shy regraded to
CONFIDEN''1 -IAt_ i:n ;ccord;.ince with thee
letter of 3 C:;o;e- ; ~; 3 from th
Director of Central In?e;?;,.^nce to the
Archrvis`t o the Un:to,J States.
$1d 3GG P2-0
 WW1'Li 11ML Approved For Rele 1.? p /03/1r-7 : CIA-R/ D~{P82-0045}7~ 8004100430012-0
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C!' ITRAL I_1jFLT IGM1C' AGEITCY
e. g Tai anti ?sn ;s, K yana1 .y Building.
f. Oriental Develotxment an Finance Cor-ooration, Holland House.
g. Tonley and. Going ny, Wing Ca Bufldin, uhich is said to be owner by
Wins; On Bank.
h. Victor Warne and Com* , 9 'nneen& a Road Central (Holland House).
i. Wayne and Haylitt Corey. Princt't s Building.
United Fenufaacturess Trarling Cos nar{r, 130 Bonham Strand 'est.
-k. Roy Farre11. Fxnort'-Import Conpa r, York Building, which if; the only
A:aericmx-ommerl coin any dPa.ling in tin at present. ShiTments are
usun.lly to Fred Ley or to k'elfx .in rsi 3, USA.; but the comp'e:i
h..s atternntert to sell to the TlSSR4.
1. K. Ott and Comparjy, French Bask Buildin which is a. Swiss firm.
m. Pak Ring Loong, 24 Queens a Street, RoiW, Kong
n. Ta..ngtoe Supply Corool'ation, 24 Conrwnght Ror,d5.
3. Tin its refined in Hong Kong; by the fol.lowinG corn-ieti:
a. Chee .Hang Company, which has facilities at West Point that can refine
10 tons a day. It mixes Malaya tin with Yvainau tin in refining the
lows 'ad.e (96%) YtsanL,n tin i ots6y
b. T. 0. WC:1G and Company, which has two s ra11 *~irnaces at Along Y'one
(Kowloon) where it used to sne?t tin concentrates before World Wax IX.
These are now used for refining t>nd can handle about 6 tons a riay.
.
c. Ptak Hint-, Loong Company, :queen" Street, which `?-a four Fettles that
handle a total of three tons a they.
4. -a World. War II the Plus Targ ltee Co;:rpms. , which had smelti,zt; and
.refining facilities in S.ovloon ana Qt Wecsy Point, was the loading, tin re--
finer. It is no loner in the tin business and the frxrrn' cea are no longer
used because its owner 2%%s retired.
Tin rt, IIo ,jg P-4 Ma aq
5. As of 1 November 1419 Chinese Nationalist Goverw.ent ;snort permits were
no longer ne cesv%vy to ship tin out of Fong ]on. The permits, which were
bought from dishonest Nationalist officials or from the Macao Goverenrnen.t,
us ll,v cost Hong Fong (BK) $15.'3O for each picul of tin.
25X1X
over 70 metric tons of tin are axpt.; nerd
illegally each nonth. The 1!o W7. Kong Goverzrrent wants to stop these ~.~ orte
because it receives no ez;ch3n;e on them. Some, is 9nrugrnlect to 2 .cao where,
before devaluation of the British pound.. r savin,?, of HK $40-50 per picul ores
made because there is no surrenr ex' of forei;rn exchange7. The. destination of
tin shipments from Macao is not recr v4.edb
7. Freighters, iehich cannot come into ;coo harbor, anchor 12 miles out and
load fx?om junks. During July 1949, 600 metric tone of {,in were eznorted
fron IF ncao. Johsi Manners Corrrthnr, a British firm handling coastwise shlyning.,
has stated that, for 1 cents per round of tin, it would, carry i.50-ton
ship
merits from Haiphong to vessels anchored off Macao without ?and,iti the cargo izx
Macao, or make a transfer else .;heres of:' the China coast if desire-ol.
S. On 30 October 1949 a 2O--tor.. ehjpment of 923% tin ingots =.r ,e bale W:1U:,?