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“...
These are, however, the extreme fluctuations, prices for the
greater part of the year being between the amounts mentioned.
Cotton yarns showed a great advance from 173,7322. to 475,3352.;
this advance was due to the increased demand with which the
Japanese mills were unable to cope, especially as stocks at the
beginning of the year were not large. A few years ago the import
trade in yarns seemed to have come to an end but at present it
seems to be enjoying a new lease of life, though the imports in
comparison with the high figures of nearly 1,500,0002. in 1896 are
very small. The increase cannot be considered as other than
temporary, though trade may be fairly good, especially in some
of the finer counts, till the Japanese mills are better able to cope
with the demand. The following shows the imports of the various
grades during 1906 :—
Quantity. Value.
Tons. £
Single 779 80,152
Twofold .... 1,370 191,756
Gassed .... 1,183 198,996
Other .... 33 4,431
Total .... 3,365 475,335
Future...”
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“...36
JAPAN.
the capital of agricultural companies. In the case of the industrial
companies these were engaged in some 87 principal kinds of business,
the most important sections being cotton spinning (paid up capital
3,300,000/.), electric lamps (1,410,000/.), petroleum boring and
refining (1,170,000/.), shipbuilding, &c. (1,060,000/.), paper mills
(900,000/.), gas (680,000/.), mining, &c. (660,000/.), other spinning
companies (620,000/.), coal (590,000/.), together with silk, sugar,
beer, wool, cement, chemicals, tiles, and type companies.
During 1906 there was much activity shown in initiating new
industrial and other enterprises. Conflicting figures were given
of actual and proposed new companies, but the following, covering
the period from July, 1905, to November, 1906, may be taken as an
illustration. Capital of new companies formed, 26,800,000/.
(8,000,000/. paid up); extensions of capital or debentures, 9,000,000/.
(3,100,000/. paid up). There were besides other companies and
extensions...”
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