| 1 |
 |
“...cotton were computed to be quite 250,000 bales, in other words,
six months' consumption, and with this state of affairs it was only to
be expected that prices (with a few fluctuations) gradually fell.
The net result of these shipments arriving here in such a short space
of time could not have been anything but unsatisfactory and
unremunerative to the shippers, as buyers, irrespective of genuine
market rates, were in a position to name their prices for the long
held stocks.
Owing to the spinning mills being fairly well employed throughout
the year the cotton business was, on the whole, satisfactory, and...”
|
|
| 2 |
 |
“...6
KOBE.
Cotton yarns. In cotton yarns the principal imports here are the Lancashire
coarse counts, but in consequence of the increased growth of "the
Japanese industry they are gradually but surely being ousted from
the market; hence the big decrease in the figures for 1902.
Gassed yarns are, practically speaking, no longer imported, as
the existing Japanese mills are in a position to supply very nearly
all the native wants.
Woollen The buying season for woollen cloth and serges, having started
manufactures. ]ater than usual, was continued until February, fairly good business
being transacted. The new season commencing in September
opened with good inquiries, but high home prices made remunerative
business difficult. It is expected there will be a good demand
for winter goods, as very little has been contracted for.
Part wool (army cloth, woollen and cloth italians): Contracts
were freely placed, with the result that the supply exceeded the
demand and heavy stocks are being carried...”
|
|
| 3 |
 |
“...Association
adopted a proposal to pay a subsidy on cotton yarn and fabrics
produced by the members of the association and exported abroad
at the following rates : 3 yen (6s. Hd) per bale (400 lbs.) of yarn ;
1-10 yen (2s. 3d.) per 400 lbs. of fabrics.
The subsidy was to be drawn from the discount received from
the Japan Mail Steamship Company (Nippon Yusen Kaisha) upon
raw cotton imported from Bombay; this discount amounts to a
considerable sum annually and had previously been divided between
the mills. The scheme, however, dad not prove a success and was
discontinued a month later.
The export of copper fell off considerably and metals which for Metals,
some timle past had occupied second place in the list of exports
dropped to third, while matches, the export of which has been
increasing steadily, came up to second.
Rice and camphor both show a decrease, which is more than
compensated for by the increase in matting and tea....”
|
|
