1915-06-24 — Page 2

ESTIZATIONS

S. Moutrie & Co. Ltd.

PIANOS

TUNING

ON

HIRE

FROM

$10 Per MONTH.

THE HONGKONG DAILY PRESS, THURSDAY, JUNE 24, 1916.

THE FOREIGN TRADE OF CHINA.

CUSTOMS REPORT FOR 1914.

BY PE TAYLOR, STATISTICAL SECRETARY.]

II.

The following partientars regarding the trade during 1911 are founded upon the quarterly memoranda on trade received from the ports.

There

INTIMATIONS

DRINK

ALLSOPP'S

BRITISH PILSENER

BEER.

SOLE AGENTS.

CALDBECK,

steamer Tuion was altacked by pirates, business set in that lasted until May, and as the captain and officers resisted Then a Tull commenced, prids at home and prevented access to the bridge the being still about 18 per cent, above, the The Chinese pirates saturated the lower deck with values on the Chines markot on necount kerosene oil and burned the vessel to the of the dearness of cotton, water's edge. It is believed that some 300 dealers would not offer higher prices for The captain, chief future importations while there was still passengers perished, engineer, a few of the crew, and a handful plenty of stock available for their imme of passengers were picked up by passing diate requirements, and importers were steams and saved. The floods caused by unwilling to part with their goods at the West River, which rose 18 feet in 48 current prices and hoped that a favour- hours and in the course of ave days reseable turn in oxchange would assist them from 18 to 72 fect, resulted in immense out of their difficulties. Then came the damage and distress and the necessity for war, which depressed exchange and, rather all business with Hongkong being on a fortunately for the holders of stocks, kept In Manchuria trade was fairly satisfac- cash basis prevented both merchants and back supplies, the remainder of the year There was considerable develop tory, notwithstanding a rainy season of dealers, in spite of a good demand in the being characterised by a hand-to-mouth

interior for certain imports, from effect trade. abnormal length and floods that caused

ing any large transactions. The closing at in the local cotton industry, almost considerable damage; but the export of of certain of the European markets, all the mills having largely added to the cereals to Korea was less than usual,

accustomed to take large quantities of number of their spindes, and there can owing to excellent crops in that country Chinese produce, naturally gent down be no doubt that both varn and cotton! piece goods will, in the future, feel more while the war interfered with the demand prices and checked exports. for wild silk. The crop of beans was

At the froutier ports trade was quits and more the competition of Chinese abundant and the export improved. A new article for export was found in tale satisfactory until the autumu, when the manufactures., A very significant feature difficulty of remitting moneys to Hong-of the cotton trade during the year was the of which are quantities are produced kong or Shanghai, owing to the lack of large advance made in certain classes of near Haicheng, and which is said to be exchange quotations, and a prolonged Japanese goods at the expense of similar of good quality; during the year 3,000 drought that affected the rice crop and makes from America and Great Britain. was were gent away front Daires sent up the price for a time, in at least In grey sheetings, for instance, while Cement also, to the amount of 80,000 tons, one district, from: 84.80 to $12 per picut, Japanese rose from 3,307,362 to 4,499, 133 was shipped to Java, and further ship brought about, a state of great depression picces American fell from 1,668,716 La ments were to be made. At the instate and dullness. The export of tin, one of $70,200 pieces; Japanese drills rose from of the Japanese and Chosen (Korea) Rail the principal products, was checked by 1,677.111 to 2,190, 155 pieces, while Ameri- wave, a reduction of freight of 30 the low prices offered during most of the can fell from 526,201 to 145,719 pieces and cents on it kinds of through cargo curried, wear. Though there was a recovery in English from $5,708 10 45,61 pies, MACGREGOR&C..

Japanese yarn has new reached 1,221,739 by the Antung-Moukden line, including demand towards the last menths. cotton piece goods and yarn, was inaugu- was some political unrest and the frontier piculs, which was 194,515 piculs more than A report Woollen goods fell off about 39 per cent., AND REGULAR ATTENTION rated hy the South Manchuris Railway was for a time infested by robbers, but Indian yarn.

on the 1st May. A similar reduction, in lese matters were attended to. -fawwur of stemmerborne carge, was from Tengsuch makes out a strong case and it is quite evident that the Chinese WINE & SPIRIT MERCHANTS.

tended to the same goods when car for the construction of railway from that yet decided to discard their own. by the Dairen-Mukden and Newchwang Bhamo to serve the trans-frontier trade, comfortable and suitable style of dress Moukden lines. Leading Japanese exporters of cotton goods to Manchuria which has increased of late to a surprising and to follow foreign fashions, have organised a Japanese Cotton Expor

Among sundries, the effect of the The total collection during 1914 'was ters' Association, the declared object of the Association being to enhance the Hk. Tle. 39,917,595, which was Hk. Tis Europan war was shown in a reduced reputation f Japanese cotton goods in 5,032,328 less than in 1913; but as 1013 had importation of various articles from the Aniline dyes fell from Hk.

3,250.30 Manchurian markets by stopping the ex shown a sudden rise of 4 millions of taels Continent. port of goods of inferior quality and to over 1919, the amount of the loss was, in Tis. 5,401,920 to Hk. Th maintain standard prices. These factors view of the exceptional circumstances pre-artificial indigo, from 318,575 to 250.1: combined with the Agreement of the 29th vailing during the latter half of the year, piculs, a difference in value of a million May, 1913, under which dutiable goods less serious than might have been taels; window ginss, which mostly cornes imported into Manchuria from or through expected. Moreover, the reduction on the from Belgium, more than doubled in Chosen, and exported from Manchurin to collection of opium duty and likin price, and the importation fell from: or through Chosen, by rail rin Antung, are amounted to Hk. Tl, 3,106,680, leaving 311,050 to 255,108 boxes. Only about half eral trade. For this loss import duty 1013, arrived. American kerosene oil encouraging the trade in Japanese cotton was responsible for HK. Tls. 847,054, made a further advance, from 112,460,9230 per cent. discount for CASH. goods at the expense of British and Ame-export duty for Hk. Tis. 999,004, coast to 180,429,388 gallons, and the

have both felt the competition of nag dues for Hk. Tls. 42,928; while there inferior, rose froin 34,265 to 514,470 Russian and Sumatra oil re- chwang rican manufactures Dstren and New trade duty for Hk. Tls. 181,604, and ton-Japanese product, which is cheaper bat the railway, but, there seems no doubt that was an increase in transit dues of Hk gallons. thes reductions in duty aid freight are Tis: 31,749, due to the stricter collection unined, about the same. All classes of KOMOR & KOMOR'S greatly stimulating trade. A standard of likin, which made it more advantage sugar felt the effects of the war and were Currency in place of the present disastrous ous for merchants to take out transit imported in smaller quantities on account confusion would make an enormous differ: passes. During the first half of the year of the increased demand in foreigne ence by removing what is under prevail the revenue was, as stated above, better markets, cansed by the shortage in beet ing conditions & most serious obstacle to than in 1913 by Hk. fl 859,200, notwith sugar, which sent up prices. Brown sugar edmerce,

standing a loss on opium duty and likin fell from 2,277,693 to 3,786,071 picule; At Tientsin the year opened with ap- of Hk. Tis. 1,192,782; and although it is white sugar, from 1,933,067 to 1,026,21.1 parently bright prospects, and it was hardly likely prider present conditious piculs; refined, from 2,627,007 to 2,437,63 noticed that British and American piece that 1815 will show a collection equal to piens; and sugar candy, from 273, 161, to BEER. goods were making headway against the record of 1913; the revival of trade 177,948 piculs, The Iloilo sugar is said KEROSENE,

Japanese competition, probably, assisted by a high and steady exchange Under ring the last few months hcourages lie to be increasing in favour, as it resists (6.) Exports. One of the first exports the heading of cotton yarn the India hope that there may be a certain recovery, best the effects of heat. variety showed a larger pro rata increas

The value of the direct foreign trade to feel the effect of the war, and the one than the Japanese; but after the middle of was Hk. Ths. 902,380,822, a falling off of that was most severely affected, was silk. the year this state of affairs was complete. Tls. 71,076,181 as compared with the During the first half of the year exports ly reversed. Shirtings, sheeting, hud

INCLUSIVE.

[31-4

PRINTING & BINDING

OF EVERY DESCRIPTION EXECUTED AT THE OFFICES OF THE

extent.

REVENUR

Metals remained about the same as in 1913.

"HONGKONG DAILY PRESS," allowed a rebate of one-third of the tariff only Hk. Tis. 1,913,318 as the loss on gen- the quantity of needles, as compared with

WHICH ARE REPLETE WITH ALL THE LATEST AND MOST UP-TO-DATE APPLIANCES FOR THE PROMPT PRODUCTION OF

HIGH-CLASS WORK.

10A, DES VŒUX ROAD, HONGKONG.

ASAHI

JUST RECEIVED:

Stapley Gibbon's

POSTAGE STAMP

·CAT·A·LOGUE

First and Second Parts complete.

GRACA & CO..

No. 11A, CAINE ROAD,

Hongkong, 23rd June, 1918.

[465

A LING & CO..

19, QUERE'S HOLD CENTRAL

FURNITURE AND PROTO, GOODS

STORE.

Paotographis Goods of Every Description

in Stock

Developing, Printing sad Enlarging. Canton Barbies in Various Nomien.

Telapsons_1214,

Hongkong, 4th February, 1918,

ORDER AT ONCE.

THE

DIRECTORY

AND

1516

CHRONICLE

FOR CHINA. JAPAN, ETC. FOR THE YEAR

1915.

TO BUSINESS MAN.

INDISPENSABLE

EVERY

TO BE OBTAINED FROM THE-

HONGKONG DAILY PRESS OFFICT and

"LOCAL BOOKSELLERS.

1,850 PAGES PRICE $10.

The alterations this year are unesually heavy owing to changes incidental to the War.

Hongkong, 16th March, 1915.

ON SALE

A TABLE OF THE

RATES OF EXCHANGE AT BOMBAY For Demand Drafta on London on the day of or preceding the departure of the English Mails; also Table of the Yearly Approximate Average

for 38 yes FROM 1874 TO 1909.

82 CA68. PRICE

On Sale at the DAILY PRess Office or Le Bookseller.

THE DAI NIPPON BREWERY

ASAH

BEER

& CO. TOKIO

JAPAN.

FOREIGN TRADE.

DOW

15, Queen's Road CENTRAL

CLEARANCE SALE

OF

LAMPSHADES.

Alexandra BUILDINGE,"

Des Voeux Road,

Hongkong, 8th June, 1915.

[626

THAT Oil do you get ? and what do you

Pay P

Probably you tell your boy to get just "Oil”

rills from England and Argerica all fell value of 1013, but exceeding that of of silk had been fairly satisfactory from the Compradore, Why not tell him to

arrive and whether consigures would be in * position to meet drafts. The same

get

FISH OR « CROWN?

THERE IS NO BETTEK OIL THAN

FISH."

Poked in oases. Price $3.75 per case.

M

USE 19

CROWN."

Net foreign imports though not particularly brisk on account off, while Japanese drills and cloths previous years. came forward in large quantities. Japan decreased by Hk. Tls, 13,052,500 only, but of the unwillingusss of Chinese dealera matches and inachinery also showed large exports showed a deeline of H, Fle to dispose of their stock at the prie

58,024,172.

It is just as easy, sad you will be certain to There are statistics from offering With the opening of the new increas?s..

The export trade was fairly Kiaochow available, owing to the closing season the prica of cocoals in the districts serving Shanghai became abnormally satisfactory, but was impeded for a tim

With the breaking out less by the enrest in Mongolia and byth of the Custom House During the first and it was rumoured that the crop got something good. Besides, you will pay devastations of White Wolf. Production half of the year, and especially during fras good, but the war closed certain nor the dune quarter, Ur volunte trade here would be shart. kets, and at first exports fell off seasly was so satisfactory that it is justifiable to of war all exports ceased, and most of the After the reduction of Teingtau trade estimate the values as at least one-half filatures had to stop work from want of revived so surprisingly, that it was forinn-of those for 1013, which were HF Tscapital. Foreign merchants were in Half these tracts, as it was impossible to financ ate the river remained po longer thair 18,40,007 for net foreign ports and H. sons case unable to take up the usurl, by-which the congestion of cargols. 12,360,090 for exports, was relieved, At Chefoo, also, a prespigures would wipe ont most of the shipments, the banks being unwilling to us year was anticipated, but, except for decrease in imports, as compared with grunt filities under conditions that THE BEST OIL FOR ORDINARY HOUSEHOLD a brisk business in Japanese cottons and 1913, hudi would reduce the loss on experts made it doubtful whether cargoes would

by over Hk. Tls, 6,000,000. - Angl instehes the trade became very stagna

"(.). Imports, The et quantity of

2 tins, $3.50, The Yangtze was unusually low during

The Bank the summer, and this meant a great opium imported, that is, released from conditions prevailed in Canton, whero Packed in naked tins without case. Price for

KUI TICK & Co., advantage to farmers along the banks, as bond for consumption after payment of prices fell from $700 or $500 to $200

73, Queen's Road West. an enormous aereage generally submerged duty and likin, was 7,478 picals, as Angust, but recovered later. was available for cultivation. Generally against 18, as pieuls in 1918., The latter of China and the Bank of Communications speaking, the crops along the valley were quantity was valued at Hk. Tis. 41,023,012, assisted traders by making large advances,

demand from America, as well as inquiries Hongkong, 7th June, 1915. good, and, so far as climatic conditions and the reduction in consumpting to less From October onwards there commenced a were concerned, the year should have been than a half did not yeault in much saving. Froin London and the Coutinent, which

But in Szechwan the as the value of the smaller amount was one of brak trade. roads were made unsafe by roaming bands extimated et Hk, Tis 37,314,653, prices caused some improvement; but at the

These adverso conditions caused HAVE YOU of robbers, preventing the free transit of having risen considerably towards the end close of the year the market was still very goods and compelling senders of silver to of 1913. and having remained steady dull. provide an escort. The partial paralysis throughout 1014. The year opened with considerable curtailment in the volume

311 perhaps

surround with inflammation and of trade in other provinces, brought on 14,529 chosts in bond and in Hongkong, of the trade and the values of silk and

trade of nearly

swollen, that when by the ravages of White Wolf, have been which it was expected would, including silk products exported fell from Hk. The

The silk crop in duty paid stock in the hands of dealers, 104,852,141 in 1913 to Hk. Tls. 70,561,607 With Wounds that discharge of otherwise, already alluded to.

The tea trade was practically finished Bager on the in- Szechwan was particularly good and prices be all disposed of during the year, assuma loss to China's were high ently in the year, but the waring that the demand would continue at millions of pounds sterling. OBTAINABLE EVERYWHERE pd demand and many denters were the same rate. But the increased severity before the war commenced and was not leaves the impres- Chinese-milled four and of the Government restrictions on smoking affected 2 were other exports. Black tea under the skin you ruined.

goods reduced the consumption to about one- piece cotton Chinese made

entered

more into half, and the year closed with 5,381 2373 improved by 9,192,000 pounds, but there which defer all the matches Aud

theskin may bodia,.. with imported goods, chests in hand in China, 1917 chests in was a somewhat smaller quantity of green United States and Canada, waslarger, and competition

When this and a development in this direction Hongkong, and 18 chests afont between tea exported. The demand from the swollen, the joints Although allowed to con.. is to be looked for. In Wusih the silk Shanghai and Hongkong. crop was disappointing, and cocoons stick is exhausted the trade in Indian Europe took more black tea than in 1915 may be wounds fetched abnormal prices. The cotton crop opium will be a thing of the past. How im but required less green ten. was excellent, and low prices assisted the Perative is the craving for the drug on the there was this small increase in the sou

part of those who have acquired the habit quantity of black tea exported, the export You may have attended various hospitals an loca! mills.

Turning to the more southeru ports, it and can afford to indulge it is shown by was below that of any previous year been told your caan is hopeless, or advisa FRENCH LESSONS moontiful and obsan.th to mous prices now, paid, and it is except 1918, 1905, and 1966; and it is quite submit to amputation, but do not see t The European war, by sending up prices, interesting to note, as a comparison, that evident that the bulk of this trade, by cansed consumers of Western morufas in 1833 an importation of 54,225 picuts which is meant all of it with the exception Lares to give up, wherever possible, the was valued at Hk. Tig. 32,256,377, which useall portion represented by the use of such good an opening that the shows that the limitation of supplies has finer, qualities, demands the careful Japanese were not slow to take advantage raised the price of the drug more than consideration of the Government.

During the year Fukien, has been to some extent redised, ind-the-TMENT AND FILLS, which is a certain of. Japanese Eerosene from Formosa eightfold.

But this reduction will do and neck Bites. &c., &c. English Prices 1/12 nd 2/9 ench, Sea Trade Mark of a Grasshopper made its appearance for the first time. Honra, Hupek, and Chekiang were added export duty on leaf tea was reduced from cure for Bad legs, Poisoned Hands, Ulceratol to provinces into which, as being free Hk. T. L to Hk. TI 1 from the 1st Joints, Hous maid's Knoe, Carbunica, Snakes BR. J. White, of the Canton Custous: from poppy cultivation, the importation November. gives some interesting particulars of the

SOLE AGENTS:

MITSU BUSSAN KAISHA.

HONGKONG.

G. MOUSSION,

16, Morrison HILL ROADY

381

1602

ISITORS TO CANTON

Should Parch.

"FROM HONGKONG TO CANTON BY THE PEARL RIVER,”

BY

CAPTAIN C. V. LLOYD.

With Illustrations, Maps and Flana

PRICE

$1.76

On Sale at:- Gongkong: "DAILY PRESS" Olive.

Carton:

Messrs. KELLY & WALSH, La Messrs. BREWER & Co. Measure. A. 8. WATHON & O

This

A

tried

Perhaps

the same with the

of the

A BAD LEG

you per your

Himed part it sion ? If HU, have

poison. remedies you have

Iuv

your knees being alcerated, ankles,round which ABKI coloured, or there disease,

the tinue, will depriva

power

to

en cure you. I don't any perhaps, bat i will Send to the Drug Stores for u Bos of

GRASSHOPPER

Agents: A. E. WATSON & CO., LTD., -Hongkong. Honge, 78 Farringdon Street, London, England,

[87

NEW CARTRIDGES.

popnlar

Manufacturer.

rise in the prices of imports and the fall of fucign and Chinese opium is forbid nothing to help the finer tess and leaves on a Green Laul Frepared by ALBERT, APP

which by for the greater proportion of the in the prices of exports since the com-der-under the Anglo-Chiness Opium the duty upon the inferior qualities of mencement of hostilities in Europe. Agreement of 1911.

The value of cotton goods imported fat trade consists, much too high, when taken Among imports. paper rose from 40 to CO per ent; aniline dyrs, from 60 to 100 from Hk. Tis 182,410.023 to Hk. The conjunction with the likin, to enable per cent,; sugar, 50 r cent; matches 176,259,045, that is, taking the average them to compete under ordinary con- The year wasnd Cylon, the trade having for many (in consequence of the shortage in German rates of exchange for 1913 and 1914 from ditions with the duty-free teas from Lucia

of potash, and 27,552,873 to £24,324,032. chlorate materials, phosphorus), over 60 per cent.; sundries, a bad une for this trade and commenced years declived to the position that the Among exporis, with prices that were below the cost of inferior China teas are only wanted when from 10 to 15 per cent, silk fell over $200 per picul; waste el replacement, but a fairly high exchange short supplies from Indie and Ceylon about 25 per cent.; bristles, about 20 per nula iniportern hopeful of improvement in have sorrised pries that China teas are

Unfortunately stocks were worth buying on account of their cheap- Y hides, cent. There was a conditions, demand for human brit, and very little heavy both in the hands of importers and pass. While it is useless to expect that B Englis

Although the ever raise China ters to their former for matting and cassia As regards the dealers, and both parties were anxious to further reduction in duty and likin would fall in the value of silk, a brisk demand deplete their holdings.

demend in the interior was good, the predominance, it would appear certain from America towards the end of the your carton of credit by the Chine banke the contigned decline of the trade might SHOT. From No. 10 to $330. at $5, 37 and brought about a certain recovery. country around Canton was much displaced great difficulties in the way of the be arrested by the abolition of taxation 17.50 per 100. 8PORTING REQUISITES turbed by brigandare and piracy, and dealers, who were, moreover, unwilling to and by more careful preparation; and it and AIR GUNS in Variety.

to place orders for fresh goods until they had is a hopeful sign that the Government has considerable apprehension

that further redisposed of their stock. The consequence appreciated the advisability of lightening With the the present load of duty and likin, god a felt been have

W13 a complete deadlock. volutionary activities were imminert The year was marked in the latter part approach of the Chinese New Year, how-stil: more hopeful sign is the fact that: of April by what was perhaps the most ever, the tlemand became so imperative numbers of rolling mushings have been

(Continued on Page 8.) terrible outrage that shipping has yet that the Chinese banks began to grant purchased and rent into the interior. enc, untered in those waters. The British pure extended facilities, and a very brisk

secins

Tlav

2

SMOKELESS POWDER and CHILLET

Inspection Invited.

WM. SCHMIDT & Co.

Hongkong, 4th February,(1015.

15.9