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“...any advance at all, owing to the difference between the rates of exchange of the two years), entirely due to the trade in cotton goods. On the other hand there was a considerable falling-off in woollen goods, metals and kerosene of all kinds. The import of refined sugar records a big increase, Continental sugar figuring very largely in the returns and competing keenly with the native article. The following year shows but a slight increase, the United Kingdom, India, British America, Russian Manchuria and the United States of America all showing deficiencies. These defi- ciencies were, however, more than made up by the improved trade of Hong-Kong, Singapore and the Straits, the Continent of Europe, Sumatra and especially Japan—the last-named showing an increase of 10,000,000 taels (about 1,375,000Z.) over the previous year, mainly due to Japanese yam and manufactured cottons and Japan coal. (977)...”