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“...Flow.—In 1907 and 1908, 477,170 and 171,991 cwts. respectively
of foreign, i.e., American, flour appeared in the customs returns of
imports. In 1Q09 no foreign flour at all, and in 1910 only 321 cwts.
were imported. This trade was killed by the low exchange of silver
in 1909, and has now been ousted beyond recall by the products of
mills in Shanghai and in Manchuria itself. The last named, being
conveyed by rail, does not appear in the customs returns at all, but
it would appear to be displacing the Shanghai product. In 1909
Shanghai flour was imported to the extent of 154,941 cwts.; in 1910
only 80,852 cwts. Manchurian flour is milled at Russian-owned mills
at Harbin, whose product is increasingly in demand, and also at
a Japanese mill at Tiehling, though the latter is reported to be holding
its own with difficulty against the Harbin article. The greater pro-
portion of gluten contained in Chinese and Manchurian flour causes
it to be more to the native taste than the finer produce of America...”
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“...NEWCHWANG.
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some was sent both to the United Kingdom and to Germany, but the
experiment has not been repeated. To Japan and the south of China,
where it is of essential value as a fertiliser, this article is a primary
need. The export from Newchwang in 1910 was somewhat less in
bulk than in the previous year, but of higher declared value.
Bean oil is manufactured in Newchwang at about 20 mills, of which
14 use steam machinery; the largest establishment is that of a
Japanese firm. It is reported that the local oil pressing business
has been unremunerative owing to the high price of beans, and one
mill has had to close on account of lack of funds and over-speculation.
While the total export of bean oil has fallen from 653,771 cwts.
in 1909 to 381,361 cwts. in 1910, the corresponding values, 489,1772.
and 431,1992., show that the average prices prevailing has been far
higher than it was. A notable feature of the trade in 1910 is the larger
number of consignments to foreign countries...”
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