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“...of yarn in Hong-Kong, which was high at the beginning of the year, rose by about 22. per bale in the latter half of 1909, and those merchants who had laid in an early stock were alone able to resell at a good profit. The above amount of 8,196 cwts. and 22,7172. does not, however, represent the total annual consumption of yarn in the district as some 6,000 to 7,000 bales enter through Kuang Chou Wan. Of this latter quantity some proportion is doubtless Annamese yarn spun in the Tonkinese cotton mills. This yarn is, it is reported,, finding favour among the Chinese as it is of fair quality and can be put on the market at a cheaper rate than the Indian article owing to lower cost of trans- port. A certain quantity of yarn is also spun locally. Miscellaneous 'piece-goods and metals.The imports of miscellaneous piece-goods and metals were insignificant and occupied much the same position as in 1908. Raw cotton.The imports of raw cotton decreased 831 cwts. and 1,6532. as compared with 1908. Of...”