Your search within this document for 'mills' resulted in eight matching pages.
1

“...Japan during the year under review. To supplement these remarks, the kind permission of the Foreign Board of Trade of Kobe (formerly styled the Foreign Chamber of Commerce) has been obtained to make extracts from that body's annual report and from the report of its annual general meeting. The chairman drew attention to the large increase in the value of cotton imported during 1909, due in a large measure to the rise in its market value, but also to the increase in the number of spindles and new mills which tended to stimulate consumption. As to trade in general, he said he was afraid that few of the members would be able to regard the year 1909 as being anything else than a disappointing year. Several...”
2

“...Although the year 1909 opened with the price of " forward" middling at the low rate of 30 yen* (31. Is. 3d.) in consequence of the heavy crop of the previous year, business was at that time being transacted on a somewhat exten- sive scale, the poor prospects for the new crop later brought about a gradual rise in the rates, which reached at one time the high figure of 47 yen (4Z. 15s. ll-}-mills in Japan have been exercising great economy in regard thereto. The figures given in the table on page 8 indicate that the imports of this cotton do not show a large decrease as compared with the previous year, but this is due to cheap purchases contracted for during the previous season. During 1909 the imports of Indian cotton, upon which the * 1 yen = 2«. OJrf....”
3

“...one hand to the additional spindles in many of the mills, and on the other hand to the fact that Indian cotton in many instances replaced American and Chinese. Quotations gradually advanced in sympathy with the tendency of American cotton and in view of the fact that the total crop of the previous year was ascer- tained to be much below the expectations of the market. Notwith- standing frequent reports to the effect that the new cotton crop would be heavy, the high prices ruling for American cotton induced the purchase of Indian by European and American markets, the consequence being that there was hardly any decline in quotations ; on the contrary, there was at times a tendency to advance. Although most of the Japanese mills failed to secure their cotton at low rates, they contracted forward at the beginning of the year for large quantities at moderate rates, in due course paying higher prices. However, the stocks in the hands of mills being short, " spot" business was fairly brisk towards...”
4

“...counts during 1909 reached a total of 1,025,244 bales, this being an increase on the previous year's figures of 146,674 bales. As regards the volume for export in 1909, this reached 258,878 bales, an advance on the previous year of 91,036 bales. Notwithstanding the curtailment of spindles to the extent of 27J per cent, for home consumption throughout the year, there was an excess in the total production, this being due to the addition of new spindles to several of the mills, and to the measure adopted by the Ringokwai (Mills Association) of granting a subsidy for the encouragement of the production of yarn for export. In regard to actual business transacted, the year 1909 cannot be described as entirely bad, but, from the financial standpoint, matters were not altogether satisfactory, owing to the repeated fluctuations in the prices of yarn and cotton. At the opening of the year 1909 the market was active, and a series of very large export transactions was recorded. This must be attributed...”
5

“...large increase both in quantity and value over the figures for the year 1908 and a slight increase in value over the figures for the year 1907. The Osaka mills use large quantities of Indian cotton, and more than 90 per cent, of the cotton imported direct to Osaka during the year 1909 came from British India. American and Chinese cotton, which is also extensively used, is imported through Kobe. The quantity of raw cotton used by the chief mills in Osaka Pre- fecture during the year ending June 30, 1909, was 167,423,681 lbs. The quantities of the various kinds of cotton consumed by the above mills during the same period were as follows :— Lbs. Indian ... 98,173,728 American Chinese Egyptian Indo-Chinese Other ... 33,729,703 29,591,611 4,400,393 1,111,596 416,650 Towards the end of the year the stocks of raw cotton held by the mills became much diminished, with the result that advantage was taken of the abundant crop in India to secure fresh supplies, and the figures for the import of...”
6

“...working 27 }y per cent, of their spindles in order to reduce the output of yarn. This restriction remained in force during the whole of the year 1909 and none of the mills were working full strength. With the object of encouraging the export of yarn, moreover, a system of bounties was instituted during the year, whereby the spinners of the coarser counts of yarn receive a bonus for each bale exported. This bonus is at present fixed at the rate of 1 yen 50 sen (3s. Of d.) per bale in the case of yarn of count 20 and under. The arrangement is to remain in force until the end of April, 1911. The total number of spindles working in all the mills of Japan in December, 1909, was 1,707,631 (of which 43,867 were mules). Of this number 648,743, or about 38 per cent., were in Osaka Prefecture, the numbers working in the principal mills and their branches being ring spindles 639,420, mule spindles 9,323. The number of bales of cotton yarn produced by the spinning companies in the Osaka Prefecture...”
7

“...final figures for the year show an increase in the value of the exports from the whole country of over 45,0002. as compared with 1908, and the industry is now in a most flourishing condition. The chief com- petitors of the Japanese in this respect are goods of German, British and Spanish make. The trade in Europe, however, has been suffering recently from the rise in the price of cotton and yarn with the result that the price of the goods has also risen. In Japan, on the other hand, the spinning mills held during the latter part of the year considerable supplies of cotton which they had bought when the market was low, and as the demand for yarn was not very brisk, the hosiery factories had at their disposal a plentiful supply of comparatively cheap yarn. The excellent harvest in India, too, favourably affected the demand for goods, and orders are now coming in in large quantities, while the export figures for the first two months of the current year were more than...”
8

“...operations in the autumn. Sakai is a city with a population of about 60,000, situated 6 miles to the south of Osaka on the edge of the bay. The most charac- teristic industry of the place is the manufacture of rugs and carpets of excellent quality. These carpets are made in large quantities in the city and there is a considerable export, chiefly to the United Kingdom, the value of the export to that country in 1908 having been 21,9422. out of a total of 34,0702. There are also cotton spinning mills and several large factories in the city, which has developed rapidly of late years. The electric cable factory mentioned in the report for the year 1908 as being in course of erection by Mr. Sumitomo is now turning out considerable quantities of cable, chiefly for Government use. Plant has also been installed at the Sumitomo copper works for the making of brass tubes. The Sakai Celluloid Company organised by the Mitsui Bussan Kwaisha will shortly start operations at their new factory in Sakai...”