Directory_and_Chronicle_1912 — Page 950

CHEFOO

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Merchants' S. N. Company, the China Navigation Company, the Hamburg America Linie, the Nippon Yusen Kaisha and the Osaka Shosen Kaisha. In 1876 the Chefoo Convention was concluded at Chefoo by the late Sir Thomas Wade and the former Viceroy of Chihli, Li Hung-chang. An enterprise was established a few years ago by a Wine Company of substantial standing; the soil of the locality lends itself to such an industry, and the future success of the proprietors of the first Far Eastern wine growing concern is a matter of considerable interest. Chetoo is noted for its large and increasing fruit growing industry, supplying Shanghai, Vladivostock, Kobe and other Eastern ports with foreign fruits, which grow well with care and attention in that part of Shantung-the native fruit growers having received foreign instruction-so that which was at first a hobby is now a paying industry. new filatures were opened in 1909. Other very important industries are the manu- facture of foreign silk and hand-made silk laces, which in the hands of foreigners promise to assume large proportions. Silk thread and silk twist are largely made and exported from here to France, Germany and America. Chefoo uses a large per- centage of the cocoons from Corea and Manchuria which come to China.

Chefoo was in 1900 connected by telegraph cables with Tientsin, Port Arthur, Weihaiwei, Tsingtau and Shanghai.

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The trade of Chefoo is principally in beancake and beans, of which large quantities are annually exported to the southern ports of China. A slight reduction, however, has been shown in the export during the past few years, owing, no doubt, to the diversion of some of this trade to Dairen. The beancake expo t from Chefoo down to 1907 amounted to well over a million piculs annually, but in the last few years it has fallen below the million. Silk, strawbraid, groundnuts, and vermicelli are the other chief exports. The net value of the trade of the port for 1910 was Tls. 30,19,783 as compared with Tls. 38,421,625 in 1909.

Chefoo is much in need of railway communication as well as improvements in the harbour, and both of these undertakings are under contemplation by Chine e capital- These improvements, in the estimation of business men, will greatly develop the importance of Chefoo as a trade centre. Chefoo is an important fort of call for large numbers of regular line and tramp steamers, being in the line of communication be- tween Indian, South China, Japanese, Corean and Manchurian ports and the ports in the north. During the season from March to December as many as thirty to forty steamers per day often enter and clear the port. The port supplies Vladivostock and Siberia with upwards of one hundred thousand coolie sannually; the coolies leave for Vladivostock during the spring months, and those returning reach Chefoo in the latter part of the year. This movement of coolies furnishes business for numbers of steamers.

DIRECTORY

AMERICAN ASIATIC COMMERCIAL Co.

A. C. Taylor, manager

ANZ & Co., Merchants

O. H. Anz

An-sz

C. Benck (Tsingtau)

W. Busse,

C. W. Schmidt,

C. Okabe

Agencies

signs the firm

do.

Norddeutscher Lloyd

Oesterreichischer Lloyd Osaka Shosen Kaisha Rickmers' Line of Steamers

Shell Transport and Trading, Co. "Dollar" Steamship Lines Portland and Asiatic S.S. Co. Northern Assurance Company

Mannheim Insurance Company, Ld. Union Marine Insurance Co. Magdeburg Fire Insurance Company Deutscher Lloyd Tranport V. A. G. Deutsche Rück Mitvers. Ges., Berlin Germ. Transport Vers. Akt. Ges., Berlin Salmandra Insce. Co., St. Petersburg Eastern Carrying, I S.W Co., St. Ptsbg. Verein Bremer Seeversicherungs Ges. L'Urbaine de Paris

Deutsche Trans. Vers. Ges., Berlin Rheinisch-Westfäl. Lloyd,M. Gladbach International Banking Corporation Java-China Japan Lijn

Chinese Engineering & Mining Co., Ld Baloise Fire Insurance Co.

Norwich Union Fire Insurance Society

'Albeingia" Insce. Co.

Yokohama Specie Bank

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