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“...second article of import.
The growth of this trade is illustrated in the following return, Yarn imp-rf.
and gives in detail the quantity imported, as also the country of
origin :—
Quantity,
1890. 1893. 1896. 1S97. 1898.
Enalish Indian Japanese Chinese .. ,, Piculs. 762 12,820 Piculs. 560 67,859 78 Piculs. 621 97.601 306 2,052 Pieuls. 1,023 93,547 5,349 18,549 i Piculs. 531 106,267 2,528 11,004
Total 13,582 68,497 1 Of,590 118,468 120,330
The Chinese yarn is the product of the new mills started in Chinese yarn.
Shanghai during the past three years by Chinese and European
companies, and for them, as also for Japanese manufacturers, the
year under review has been disastrous. The price of raw cotton
rose to exceptional rates on the local market, without any corres-
ponding rise in the selling price of the manufactured article.
The result was heavy losses and decreased import generally.
Opium is a gradually vanishing import. In the 10 years Opium,
ending 1884 some 10,000 chests...”
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