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“...14,731 tsubo (over 12 acres) and are insufficient to meet the demand. This will gradually be remedied as the reclamation work in connection with the new harbour scheme progresses. The rice exchange was established in 1884, and after under- going several vicissitudes has steadily developed; its transactions at the present time amount to over 50,000 bushels a day. The industries of Otaru consist of those to be found in every large Japanese town, such as rice mills, sake," miso and soy breweries, ice works, oil refineries, saw mills, electric light works, &c. There are also railway works at Temiya for the construction of passenger carriages and goods wagons, and a small shipbuilding yard which can turn out sailing vessels up to 300 tons and steamers up to 200 tons. There are three oil refineries, of which the Hok- kaido Oil Refinery (capital 5,0002.) refines vegetable oil, the others fish oil. The output in 1906 was 2,500 koku (nearly 100,000 gallons)....”