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“...I am informed that the growing popularity of American cotton
goods is due to their stronger quality, and I understand that the
Chinese do not mind paying a little extra for this advantage.
I enclose samples® of the American cotton goods which find favour
among the local Chinese, together with a list of local market priccs.
Other cotton imports remain steady, with the exception of
cotton yarn, in which the competition of the native article has
caused a severe falling-off. The Tungchou cotton mills, on the
Yangtze Hiver, some 90 miles below Chinkiang, are successfully
pushing their yarn into the interior.
Woollens. Woollen goods generally show a slight recovery from the decrease
recorded for the previous year.
Jlctnls. A general improvement in metals is to be noted, and one new
item, returned as " Copper, unclassed, coin blanks," deserves special
attention, the import being over 2,500 tons and the value more
than 2G0,000Z. The manufacture of a new 1 c. copper coin, a recent
institution...”
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“...refineries, which obtain their raw material
from Java, are pushing their goods into the native markets with
conspicuous success.
As internal native communications improve, statistics of native Native
imports will be difficult to obtain. Much of the native goods and ""ports,
produce which used to be brought to a treaty port for distribution
into the markets now finds its way to the markets direct. The
falling-ofi in native cotton yarn, for instance, is only apparent;
the products of the native cotton mills in this locality now distribute
themselves directly into the Grand Canal provinces, instead of
proceeding via Chinkiang as heretofore. The failure of the Swatow
sugar crop has already been mentioned; it was a serious disaster
to the Swatow merchants established in Chinkiang, and of eight
sugar hongs existing at the beginning of 1905 only four now
remain. Wood oil retained its position as undoubtedly the first
among the native imports and commanded good prices.
The export trade of Chinkiang during...”
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