ECONOMIC INFORMATION, EAST CHINA AND CENTRAL AND SOUTH CHINA

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R016000400006-8
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 4
• Document Creation Date: December 19, 2016
• Document Release Date: February 6, 2006
• Sequence Number: 6
• Publication Date: January 26, 1953
• Content Type: REPORT

THIS DOCUMENT CONTAINS INFORMATION AFFECTING THE NAT IONAL DEFENSE
OF THE UNITED STATES, WITHIN THE MEANING OF TITLE 18, SECTIONS 793.
AND 794, OF THE U.S. CODE, AS AMENDED. ITS TRANSMISSION OR REVE-
LATION OF ITS CONTENTS TO OR RECEIPT BY AN UNAUTHORIZED PERSONIS
PROHIBITED BY LAW. THE REPRODUCTION OF THIS FORM IS PROHIBITED.
Approved For Release 2006/08./03: CIA-RDP82-00457R0160004g0006-F
CLASSIFICATION SECRET/CONTROL - U.S. OFFICIALS ONLY
.SECURITY INFORMATION
INFORMATION REPORT
CD NO.
COUNTRY China
25X1 SUBJECT Econamic; Informat on, East Ch.:
and. Cant a1 and. South. Chh.a
DATE DISTR. 26 January 1953
NO. OF PAGES ,4
NO. OF ENCLS.
(LISTED BELOW)
SUPPLEMENT TO
REPORT NO.
THIS IS UNEVALUATED INFORMATION
CLASS IF I CATION SECRET/CONTROL U0Sa CF`FICIA ONLY
TATE ~ NAVY NSRB
NAVY RB
ARMY
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2, On 18 September commodity prices in Amoy were as follows s
Cloth, per foot
Black cloth, per foot
Blue cloth, per foot
Szechwan per foot
Kerosene, per catty (retail)
Peanut oily per catty (retail)
On 30 August the following currency rates
in Huian (118-48, 25-03) Hsien s
a, Black market currency exchange
Gold., one-tenth of a taeI.
Chinese silver dollar
United States dollar
b. Commdities s
White rice, per catty
Potatoes, per catty
Pork, per catty
Black cloth, per foot
Szechwan silks, per foot,
Utility clo?th.,, per foot
Peanut oils, per catty
J1V 5 c,000 to 6,000
4,000
5,000 to 69000
5,000 to 6,000
7,000
69000
and commodity prices were in effect
108,000
10 , 500
219000
Ji11P 19250
500
69000
5,000
6,000
39000
39000
4s, In August there was an ammunition dump at the base of Yuehfengshan (1547/1496/
1472) outside the East Gate of Foochow, In late August there were gasolin,
dumps at the following places near the West Gate: Hsilin (6007/2651 Temple,
Chekiang Natives" Community Center and Hsiche an. (6007/4407) Temple, Because
of the large amount of gasoline stored near the West Gates, residents of the area
were being evacuated during air raid alerts, In early- September there was a
small commercial gasoline dump in Kueici"i (119?229 26_02),
5, In early September merchant and, trader licenses could be obtained in Foochow from
the Combined Chambers of Commerce and. Small Industry- at 171 Shaxighang (0006/2635)
Rood, Nantgai (119_18, 26-04), Before the licenses were issued, they were sub-
mitted to the Combined Chambers of Cornrnerce and Small Industry in the Foochow Mun-
icipal Government Building on Kuhsi (7349/6007) Road for approval, The r?equire-
ments for the licenses, which were valid for one years were that two reputable
stores mast act as guarantors and the goods to be sold or traded must be listed.
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6, rid-September there were three customs warehouses in. an open area .Ln.own as
Haikaancheeng (3189/7070/8220) at the Foochow Customs Wharf, at Fanch,uanpRu.
(3131/5307/3184), NantRai (119-18, 26--04), On 18 September there were 5,000 bags
of flour. in one of these warehouses, 3,000 bags of cement in another, and 300
drums of diesel oil in the third, The customs men at the wharf were wearing yel-
low uniforms with circular badges one and a half inches in diameter bearing the
characters for Chung Kuo Jen Min Hai Kuan (0022/0945/0086/3046/3159/7070),
7, In early July a highway was being constructed in Haimen (121-25, 25_43) from
TachiaochRang (1129/6525/1034) to Chungshan (0022/1472) Road, A highway connect-
ing Chinch.Ring (121_34, 28_32) and Tayentou.3 was also being constructed,
8. In late July the Communists were widening roads and building wharves in Haimen.
A meteorological observatory had been set up there,
9. In late August members of the Cheng Fan (2973/0646), a Chinese Communist move-
ment in Haimen, were arresting black market dealers in gold and sellers of
poison,4
10. On 17 September the people on the northern bank of the Chiaochiang (121_22, 2a)
were suffering from hunger as a result of recent floods.
11, in September Chinese Comminist authorities in Shanghai were pushing the "More
Production and Higher Capacity" movement, Industry was called on to surpass
production records, and one man was expected to do the work of two, Working
hours were increased from eight to ten. Paper commendations were given for
increased production, but no additional wages,
12, Because of the long working hours, stomach trouble and tuberculosis prevailed on
the mainland in September and early October. Shanghai hospitals had many patients
with these ailments, The drug Remifon was effective in curing tuberculosis, 2 (1
Shanghai, however, the Communists had exhausted the stock of Remifon in early Octo-
ber and had not issued papers for its import, The official price of Remifon was
J M P 400,000 but it sold for I M P 900, ,000 on the black market,
F_ 1
13, in September a Chinese Cormnuriist land reform program was underway in the Shanghai
area, Under this program large landowners were liquidated, middle-class land-,
owners were left untouched, and poor farmers were allotted five mou regardless'
of the size of their families. Although 1951 harvests had been good in the Shang-
hai area, poor farmers were eating corn and wheat without rice because the Chinese
Communists had adopted the Japanese policy of storing large amounts of rice for
military use,
14, In early October the HAI HSING (3159/5281)6 was carrying rice and beans to Dail
and Vladivostok from Shanghai and returning to Shanghai with charcoal,
15, In mid-October 500 technicians and employees from the East China Spinning Admin-
istration of Shanghai, the Telecommunications Office of Shanghai, and the Elec-
trical Engineering Factory of Shanghai were transferred to the Northwest. In
early November 300 medical men from the KKmgchi (0361/3444). TRungte (0651/1795),
Kuangtz Ru (1684/1964) and Jenehi (0088/3/..4*) Hospitals of Shanghai and 600 dis-
charged employees from the general administration of government and private com-
bined banks of Shanghai were also transferred to the Northwest,7
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6. Fifteen monthg were spent in the construction of an under
round d
g
ep , ; at
W aitsao9 four miles southeast of Hengyang (112-359 26-56) on the east
side of the Canton-Hankow Rai.1:we r0 The depot was built to store military equip-
ment9 and 1,000 civilian laborers worked on it. In early September 19529 trains
loaded with military equipment and amamunition went to the depot on at least
ten consecutive nights,
l0 Comment, NOW Hai POang Street is not listed in Macao directories,
the Tai Feng Company is at
a. scone Paco de Arcos 9 and LAO Wei-chic is manager,
2. Comment. In late July the only Chinese Communist gasoline warehouse
cien was in a cave near a stream on the south side f Kushan (11932
26-02)9 25X1
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30 Comment, Tayentou is at approximate3y 121-37,, 28-18. In
t s late June the
section of o
d b
a
e
and Chinchning had been repaired9
4. Cozy .ent0 This is probably a reference to the anti-opium movement.
50 omjmnenat,, Quantities for these prices were not given,
6b
~Lemmento 25X1
registry was cancelled for scrapping0 In September-19529 however9cshe was
reported in Shanghai and Dairen,
Pa 0 Comment, I I 25X1
Sha
h
b
k
g
a,
an
rz 6 .arewe par y for 79000 union members who
were to go to the Northwest0 On 3 October the first group of 2.,000 left
Shanghai for Sinkiang,
8,
Co cn 0 ATpproximate]y 112.399 26520
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