Tue report of the Shanghai Chamber of Commerce for the year ended June last, refers to several matters of grave commercial interest. The document itself will be published in our next issue, together with a report of pro ceedings at the meeting of members which is to be held on Tuesday; but a running commentary, in the meantime, on some of its leading features will not fail to interest our readers.
Reference is first made to the unfavourable condition of the import trades and the conclusion is drawn,(from vane v. Carren Japanese Coneulate—Japan. Govt. v. Achee ized, Court—Sandry Day of Month, ko Therm. ous sources, that the lange importations of 1871 and 1872 did not imply a real expansion of commerce; the Customs '|retarns for the past nine months, and the existing stagnation, confirm the statements made by Chinese—that. considerable stocks remain unsold in the ce, ovis Cer Ook Ga Cotton (Ex and ton ium various inland marts; hence, it is may be presumed, the comparatively small demand which depresses prices. The two cardinal hindrances to the growth of trade in China are, the Committee
Text read from the printed page and cleaned; old type leaves the occasional error.