COTTON TRADE IN
CHINA.
A Review of the Past year's Act 'vity.
Of recent yes the impa tition between Great Britain, America, and Japan in picco good, and that between Japan, Inilia, and the native Chinesa yarn mills in `coiton yarns, bas-attracted atten. tion in Lancashire, in Bombay, and in Shanghai. It is antise factory to be able to say that inny of the reports, both from British proses tatios and from Slangbai impo tein, which a few yonra agoted to be normally Parimistic about the future of the British trade, are now je vaded by a more optimistio spine. Thus our Nowchwanz represent. L've, from wir mwre'ülroportaproef-| di, bow in lia' most resent com- munication tells us that. Bish jeaus, 10'a ning in 1912 their. position no the most valuable single item in the list of foreign piece grad, have increased us regards importation nearly ten fold between 1907 and 1911; and liave practically displaced the American product. Further, "ibe figures do not prove any such i preference for Japanese goods s End seemed to bò absorvable in some previous yearn,'
"The Pekin Alt che has on several cerasione shown that the Japanese avance, which has indubiody bern rapid, has been almost entirely at the expema of the United States; and i font sem 10 have become a permanout fațar in the situation. Two new com petitors bave just made their| appearance, though their trade is as yol quite negligible-Germany and Ruesia. The German trade with China has always been neg. ligible, but last year for the first time a new and apparently ruc- cessful departure was made by one or two German 'fi m which began an import tade in the Changsha district, dealing in piece goods locally instead of through the Intivo merchants. Agaio, in Northern China, there appears to bo a considerable trade. in Russian cloth, though when this trade commenced it is impossible to say, The Russian goods como overland, and of the overland trade hero are по statisias, The Rusinn suplies appear to be compating parti- cularly with British plain fost black Itali Dan of the groatost difficulties of the British trador lies in the customs of de- foried payment granted by mo-t foreign exporters to China. Itil doubtful, however, if the advon | tage of xtended elit is great in the long run, Indigg, ne it does, to unjustifiable aprculation
Colton manufactures form the; import of greatest single valua into Chins, accounting in 1912
were
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Complaints as to the quality
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TO LET.
TO LET.
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No. 68 Peak, Mount Kellett. "TOLET-Furnished Flat, Na- Church Mission Society Bunga- than Road. Kowloon, to bo low) from 1st October, 1912, till let for six months from 1st April. 30th May, 1914, partly furnished. Apply "LINKS" c/o " Hongkong Cheap rent.
1 CAMERON VILLAS No. 60
Telegraph."
Peak, to let furnished for 1 year TO LET FOUR-ROOMED
from 1st May,
No. 6 Cameron Villas, No. 59 Peak to let furnished for one year from 1st May, 1914.
"Kellett Orest" No. 66 The Poak, from 1st March, 1914, part- ly furnished.
No. 19, Shelley Street, One small Godown in Duddell Street.
FOR SALE. HARTING and ROGATE, on part of Kowloon Inland Lot 1154. *GLENSHIEL" 124 Barker Road, 5 rooms, close to Tram Station.
Apply to
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880P with GO DOWN attach e, Nathan Lord, KOWLOON.
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A flat in Humphreys Buildings. Windsor Lodge, Kimberley Road, Kowloon, 6 rooms and Tennis Court. Apply to.
HUMPHREYS ESTATE &
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Alexandra Buildings
TO LET OFFICES in King's
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Notices
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For
GEO. P. LAMMERT,
has the advantage of escaping Tzuchalin Wharf at 7 a.m. on the grievous transit does which the following morning. Ine Indo Pre excted from the forsika Ohina 8. N. C. and the Hem. |yətn crossing Tookió. Tao Amr. Linie have aban loned their
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Notices
FOR SUNSHINE TRY.
Indian weight, it is madrly THE IDOL'S EYE
reported but the Japane› bales
e generally overweight, and meet with fav.lor in cises-quears." Native, manufactured "goode sre
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ALEXANDRA BALDING3, CHATER ROAD
ALWAYS HAVE A TIN OF
NESTLE'S MILKFOOD
for 144,040.0 0. teris out of a responding period of 1013 after a must be borne in mind that the now receiving mentica for the total of 473,000,000 tels, the fall to £7,400,000 in 1912. competition in China is seldom first time, especially in the north,. next largest import bring that of Judging, then, by these returns, keen in the same district; whore and the Cuiro., not yet edvosted opium with 48,000,000 taels. In seems likely that the exports Japanese yarn is found to be up to the advaanges of the 1870 the importation of a tron direct to the Treaty Ports in the predominant, Indian yarn is uperior but dearer auicle, fre manufactures ro ched a total of current year va again reached. generally negligible, and vices id to the prefering the gaudy aly 22,000,000. tnels. In 1880 if not surpassed, the maximum es. So also in regard to piece output of the local mills, which it was 23, in 1800 45, in 1000 figure recorded in 1905, and goods, one country is predomin-in addition are believed to be 76, in 1010 131, und in 1911 144, now three times what they were ant in one clas and seldom are imitating foreign trade marke million taels. Of the importe in 1000, the actuabin rease being the impors of the same class of Vanchester Guardian. into China of all groda, the Unit-probably some £6,500 000. China anything like equal value from ed Kingdom had the largest absorbe the bulk of the piece the three countries, Great Britain.; shore up to 1910, in which rear goods export of Japan, and for america, and Japan, at once.
First Stamer to Tientsin, she was outstripped by Japan, eó | purposes of general comparison it
The first steamer to visit that in 1912 the relative figures may be stated that the exports of of Ladian yarn are not infrequent, the port of Tientsin this year was
91,000,000 table
CONSIGNMENTS for Japanese tissues to all counties: At Shanghai the falling off in the O. S. K. 86. Onshu Maru, Japan and 76,000,000 taels have risen from £633,000 in 1900 Indian raports in put down to the which arrived at Taku at 1 for the United Kingdom. But to a maximum of £1,000,000 in dissatisfaction of dealers with m. on January 21. and this excludes the still greater 1906, after which by Ductuated to counts, the qualities on managed to negotiate Takut Bar trade which говеден China to ries again to £2,000,000 in the weights, which are eit the food tide of the same through longkong, totalling 1912 and a probable £3,000,000 to be inferior to both the Chinese
evening. 148,000,000 tael, in 1912, of the in 1912. Thus thọ cxport of nud the Japanese. Difficulty has In the track of an ice-breaker ultimate origin of which it in British piece gooda to the in consequence 1 an found in belonging to the Haiho Copser- only possible to say that in all Chinese Treaty Forte bra risen etailing the goods. On the vansy Board, she came alongside probability the greater proportion by some £6,000,000, while the other hand, Japanese portere proceeds from the United King-Japanese export to all countries are themselves feeling more and dom, so that the letter country has rison by £2,400,000.
more the competition of the still possesses the leadership, s0 The Indian export to China of native mille at Shangbai and else far na can be judged.
coit 'n maufactura has" always where. In 19307 the output of The British cotton trade with been on small and fluctuating as the Changhai mills was 21,000,- China is almost entirely a piece British exut of yarn. The 000b., in 1908 50,400,000lb. goods trade. In 1912, we sent ¡Indian export of yarn, both to and in 100950,700.000lb. only £80,000 of yarn and £125,-[Treaty Purts and to Hongkong. Since 1009 the actual figures, 000 of cotton manufactures other have been between 1902-3 and have not roached us, but in 1912 than picce goods. These items 1012-03 as follow, in million of there was a strong demand for are small, but they show a fairly ands (~53, 54, 6.0, 78, 03, the local yarn and the mille con- steady, if slow, advance through-4.4, 56, 49, 43, 5.9. In compari ducted a very profitable businORA. out the last twelve years. From son with this record the Japanese In the Mongtz district Indian ∙1900 to 1912 inclusive the value, exports of yard to all countries para continues to hold its owa of our exports of piece goods bas (the most important haing China) with 70 per cent. of the trade, in been as follows in millions of have bean -3,1, 29, 3.3, 35, comparison with 18 per cent. for pounds sterling:-3.7, 4.6, 61, 30, 21, 32, 45, 40, 5.3, 68 Tonkin yarn and 6 per cent, for 44, 6.1, 0.0, 7.8, 77, 60,54,55, (probable). Thus in 1912 and Japanese; but the Tonkin yora 86, 6.6. These figures show the 1913 the total Japanese exporta direct trade alone. If pro include of yarn hava ontstripped thora of TF you havelost your appetite- Hongkong, our exporis have risen India to the Chinese market. one of the big Variety of from £8,300,000 in the eleven Indian yarn has never aurre ded dainty dishes at the ALEXAN- months ended November, 1911, in getting back to the high water DRA CAFE is Sure in tempt to 210,700,000 in the cor- mirk 191ühed in 1905.8, But it!
I".
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Road
Cantral,
QUEEN'S DISPENSARY
IS THE DISPENSARY THAT IS ALWAYS
AT YOUR SERVICE.
THIS WEEK'S SPECIALITY
DHOBINE
Telephone Number
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Feeding and Care of Infantskis
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