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“...000?. to
661,0002. Nitrate of soda, fish guano and other manures also showed
increases, but superphosphate of lime disappeared almost entirely and.
sulphate of ammonia also showed a decline. The quantity of bean cake
imported increased even more than the value, and it was the cheapness
of this manure which depressed the trade in the others. The drop in .
the price of bean cake is stated by the Yokohama Foreign Board
of Trade to be due to the following:—(1) The unusually large crop
of beans in Manchuria ; (2) the heavy drop in silver ; and (3) improved
methods of extracting the oil. Unfortunately this fall in the price o£
fertilisers operated disastrously on the market in general. The demand
for most items other than bean cake diminished, forward orders given
early in the year could not be satisfactorily carried through, and im-
porters had therefore to carry forward stocks which they are still
holding to their great loss and embarrassment.
Other imports.—The importation of rice fell off ...”
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| 2 |
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“...l figures of 1906. The
difficulties attending the importation of raw sugar, to which reference
has already been made, naturally affected the whole trade, and probably
some time will elapse before any very healthy revival can be expected in
exports.
There was a small decline in the export of cigarettes, though the
1908 figures continue to show a great advance on those for 1906. The
great competition proceeding between Japanese and Anglo-American
tobaccos for the markets in China (including Manchuria) and Corea
makes the export figures of particular interest, especially as the Japanese...”
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