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“...cakes, and the former
at the beginning of 1910 at once reached 13 yen (silver) per 100 kin,
and fluctuated until the end of the season between that and 14 yen
(silver), being cheaper, however, at the end of July, when shipments
for the season were closing. A further factor in keeping prices high
for that period was the small demand, as compared with previous
seasons, for bean cake, dealers in both South China and Japan being
unable to pay the high prices, and, with a smaller demand for cakes,
mills naturally could not continue the crushing of beans to such a
large extent for oil only.
At the beginning of the new season in September a very big demand
for oil appeared on the home markets and business was done all along
at about 13 yen 50 sen (silver) to 14 yen 50 sen (silver) per 100 kin first
cost. Prices for the season in sterling ranged from 221, to 241. 10s.
per ton f.o.b. steamer at Dairen....”
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