RIAND TRADE REP
the
ths.
finer teas of this
rover of C} in its revi magreatly curtailed
light, while plague and famine the reopening wang market after the Japanese
and
BYO: thin the last decade,
ned satistics of export
India during 1887-06:
porti at the close of the war.
green-
cottons continues to done, and in towels
Piculs
hiefs there appears to have been local development, inasmuch as 1,125,000 dozens handkerchiefs
Pounds
Pionis
1887
€1892
15,800 33,700
398
200
2,106,600 4,493,300 €5,760,000- 1894 -1895 1896.* ̄*
35400
32,50046,700
same period is shown hereunders
Russia Russian
189
the returns over a million dozens Pounds ... 4,720,000 4,383,300 6,226,600
to Shanghai, India yarn,The demand from other countries during the 1889 aggregated but 628,000 reached the enormous quantity of 461,000 picul 8, being 400,000pionls more than in 1895, while Japanese spinnings rose during the twelvemonth from 10,000 piculs to over 100,000 piculs facts which certainly augur well for the success of the mills in China (to which reference was made in last report)" now turning Chinese cotton into yarn. The trade woollens remains singularly inexpansive, though iring the year there, has been an improved de- mand for most varieties, but particularly for Italian cloth, which advanced from 62,000 pieces imported in 1895 to 161,000 pieces during 1896. these goods contributing considerably to swell the increased value in woollens of over Hk. Tis. 1,640,000 as compared with the returns of the preceding year. There was a better inquiry for nearly all kinds of metals, especially nailrod iron, mild steel, and old iron, the importation of which doubles the figures of 1895. The items in sundries of Western origin which attract attention are candles, cigars and cigarettes, clocks and watches, dyes, flour (of which a third goes to Canton), glass, morphia, needles, kerosine oil, and soap; while in articles of Asiatic origin in which there has been a marked increase the most noteworthy are coal, raw cotton, ginseng, matches (Japa nese), sandalwood, and sugar.
-EXPORT.
Australia
Great
Year.
Britain.
Zealand. New
Picula. Piculs. Piculs.
729,022 169.905
313,978 122,591
Piculs. 9,488 175,142 5,416 209,60
and.
Siberia.
93,467 173,559 Piculs. Piculs, Piculs. 13,658 117,25489,707 Odessa.. United of Europe, Russia: Continent
Russia
8,027 excepted. America. States. British
Man-
churia...
Piculs.
11,029
2,381
84,773
46,910
59,584
47,193
1,614
3,306
98,957
93,320 11,089 202,797 6,232 258,884 3,689 163,569 15,904 115,053
25,506 169,204 158,727 20,838 164,029 117,202
11,229
19,439.
29,357 204,747 179,633
36,00R
29,865 170,059 144,943
19,260
43,811
4,186 189,400
793
45.428
2,668 144,313
5
953
46,660
7,903 147,548
2,156
pre
Black Tea.
168'16
.889'08
Tea.
822,235
259,269
203,785
171,113
5,808
111,042
T8
42,170
The shipments from China in 1896, as com pared with those in 1895, show a decline in value of 12 million taels, and the estimated duty paid thereon a reduction of Hk. Tis. 570,000, the deficit being accounted for by the loss of the trade of the ceded island of Formosa and marked decreased export of staples, such as tea, silk, and cotton. Enhanced prices and local demand checked shipments of raw cotton to Japan, which fell from 896.000 piculs in 1895 According to the statement a competent to 418,000 piouls during the year under notice. authority, the enormous falling off in China's Of yellow and white silk the export receded by staple export, raw silk, amounting to no less 22,625 piculs, representing a value of over Hk than 22,200 piculs, is ascribable to the follow Tls. 6,200,000; cocoons dropped from 24,000 to ing causes. "During the season 1895-96 there 17,845 piculs, or 6,215 piculs, equal in value to was an enormous production of silk everywhere, HTls. 224,000; followed by silk piece goods, especially in China and Japan, and the con- swhich exhibited a diminution of 2,241-picals, sumption abroad being very active producers representing a value of Hk. Tls. 1,777,000. were able to sell part of their silk at the begin The striking decrease of 211,500 piculs inning of the season at highly remunerative the export of black tea is accounted for prices, leading them to believe that they could by the disappearance in the returns of the command the position, even with the large ormosan shipments, added to the diminished stocks held, which they could finance without production throughout China both in black difficulty as interest was very low. But con and green tea, the latter also having de sumers at home, seeing such large stocks in the clined by 27,200 piculs. In brick and tablet East, grow apprehensive and bought merely tea, mostly for the Asiatic Russian market, to supply immediate demands. Further there was an expansion of 85,500 picnls and 420 American buyers ceased operating alte piouls respectively, and trade in this division about a year before the Presidential
d to have been exceedingly remunerative and this action was felt most kee
the case of black tea competition with Japan, as well as in Shanghai
wn teas in the English markets craze set in for building filatures and spinni profits very meagre, and in the green silk for the American market. Season 1896-97 ade with the United States but small, opened with large stocks; the crop in Italy was ins on the right side, wer possible. That good, prices of cocoons cheap, while in Canton ion of the Chin. tea trade is not the yield was large, and reelers in both hopeless is evidenced by the forma countries showed themselves willing sellers
Toochow Tea Improvement On the other hand, the local orop tur out to
be bad and the dealers in the interior
their speculative instinct,
the preparation: 201
and Coy
toda 18 mado the report
Nor
18 It im indust
just as steam
the
2
ganise & corner sin stea up all the available
corder to force
amat a pr
where a
be a sto
of
yield
to the tung province and
huen and Hup
being brought
rates. The 8
India and E could not pa common-silk been reduced, suffering from trees and
silk in general was
put them altogether
comparison with prices ruling France for the same
of business, trade, has been
wore expo
in the season, double
a small de
A
xceptionally
and the Japan they could
for pierced com
the exceptionally short export to a bad crop, reduced and particularly absence Americs, added to over spect of the Chinese keeping prices which unsatisfactory state of change may to some extent af the ensuing season.
RE-EXPORTS.
The foreign imports re countries = practically: Great kong, Japan, and Russian gate Hk. Tls. 9,033,000, or over the value of merchandise 1895, the large shipments the United States from Amoy this increase.
SHIPPING. The increased volume of trade palled- employment of a great deal r foreign and coastwise. the entries were 14,722 vessel 4,793,600 tons or 45 essels tons more than dr 15.253 ships, being an excess ove 1,235 vessels,
advance the Chinese and tributed most by the re-empl
during the
ede show
179,000
segin:
the Ferent
man
nd all oth
1891
at already?!
moved
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