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“...6
TSINGTAU.
business in the article almost profitless, while an easy sale at good rates
has encouraged the Chinese to disregard quality.
Cotton, raw.—As predicted in the last report the production has
increased considerably, and the exports from Tsingtau advanced from
18,514 to 47,822 cwts. Quality has on the average been very good,
and the article has consequently gained in favour with the Shanghai
and Japanese mills. The old practice of heavily watering the cotton
has ceased, and there is now some probability of local shippers being
able to compete with the Shantung quality in the home markets.
Up to the present, however, better prices have been obtained for native
or Japanese consumption than have been realisable in Europe, and
consequently almost the entire export from this place has been destined
for China or Japan ports.
Cow-hides.—A considerable decrease is shown in the quantity
exported, but it is uncertain whether the actual supply has been
less than in former years, as most...”
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