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“...pieces.
Increases are noticeable in several Japanese makes of cloth as
follows:—
Drills......
Sheetings
Cotton flannels
T-cloths
Pieces.
2,000
6,800
3,000
8,000
British T-cloths show a big increase, likewise British and American
drills and British jeans. Turkey-reds show an increased stock of
over 270,000 pieces, the largest increase in any class. The largest
decreases are in dyed cottons, of over 100,000 pieces, and in printed
cottons of almost the same total.
Cotton yarn.—-All the local mills have had a year of great prosperity,
have paid good dividends and built up reserves. The factories owning
looms have also done remarkably well with their cloth productions.
The deliveries of Indian and Japanese yam show an increase, while
local yarn shows a small decline from the record figures of last year,
but is much in advance of the years 1911 and 1910. The total
consumption declined by 34,500 cwts.
Percentages of total consumption for the years 1910-13 are as
follows:—
1910. 1911. 1912...”
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“...Prices were on a fairly low level as demand from Japan was limited
in spite of the high price of American cotton, and the major portion
of the supply was absorbed by the local mills, which, as already noted,
had a most satisfactory year. A feature worthy of note during the
year has been the arrival on the Shanghai market of fair quantities of
Shensi cotton, previously almost unknown, which has an advantage
over the local crop in paucity of moisture. It is estimated that
the humidity in the Shanghai product amounts to or 13 per
cent. The cotton testing-house, which was mentioned as estab-
lished in the Shanghai trade report for 1911, is working well in
bringing about a reduction in the moisture of parcels reaching the
market.
Cotton seed and cotton-seed oil.—The year has been a good one
for the local crushing mills, of which there are now six, one the
property of a British company, one operated by Japanese and four by
Chinese.
The supply of cotton seed from January to August was fairly...”
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“...12
shanghai.
early in October and was excellent in quality. The seed was dry and
sound—-facts attributable to the dry weather when the cotton wras
being picked, and not to any special care given to it by the native
_ producers.
The percentage of oil and cake from the seed constitutes a record.
The cake produced from the cotton-seed crushing mills is practically
all exported to Japan, and the price of decorticated cake was as low
as 2 dol. 75 c. per picul in the early part of the year, while the top
price was about 3 dol. per picul. Cotton seeds during the year ranged
from 1 dol. 65 c. to 2 dol. per picul, according to quality. The supply
available from October, 1913, seems to be very large as compared with
previous years.
The Pacific coast has been the best market for refined cotton-seed
oil, and prices realised during the year have on the whole been
profitable to crushers. A considerable quantity of crude oil was
exported to the United Kingdom, as during the summer high prices
were...”
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