Mu, Houses's report a the trade of Shanghai Inst year certain to be, a very valuable docnmout, and there are certain points in iteas will be seen, of peculiar interest We reprint the opening paragraph in its entirety Phe yew opened with goal prospects. The return of the Imperial Court to T's at the end of 1901 had produced vived, markets v ad eve in business citoles. 1 seemed ty concn to withe pep Unfortunately began to Fall ly a toast alarming, int slate of extreme or, However, the statistics of the port recon a advance itt the expansion of the tra which in gross amounted to 346 million Haikwan i millions over the previous ye the conditions that prevailed greater purl of the season it is Tnderstand how business la possible at all, and whether a cheaper s of gorists will not he necessary; but the "feet seuisins that R ae 5
There seems, the: low poss tills have been nich raled den material, The Chinese yielded nal a ite the mills ta Trt sian coos at be due to the Ge northern provinees having stepped in te regulate and control the action of the bankers." Fortunately a spurt at the end of the season brought a wel-relief te the piece goods trade.
me of woollen goods impor cil showed a fil of half-a-million els. Metals had a very dull year, there was a all in foreign sun-notably kerosene amounting io four-andat-third millions of tels. There was less doing in Cardiff coal taeneef war being kept away during the spring and stimmer months by th anent in, In japanes and native amer bisiniess was done with profit the Chinese dealers, There was a wnarked advance in refined in waving to its cheapness, st barge amount continental beet stg being imopted. which seriously aficet l Hong:
fined sugar, and vas sold ata the price asked for get ier dees up all emanuel change, There was an increase of twenty-fons in the value of native Taw vtton, which ler which came 99,000,000, Tientsin hot permanent, increased demand for silver straines vote oot credit. that had not Wwered all the city. it had j lost. duri ing the Boser trouble, The site of paper money by the Tientsin native banks caused -gunisest the ped buy fall int respon rullions of tds in as very short and ae great rise was the natural result, The Dead teale sudlered, as it has for a long tine. front the dishonest practics of the makers, Were ose abandoned, it would soon again prosperais trate, Prices ge te high, the ox-pork te Aqneriea showing an increase of <ix_ million pounds, and the Chinese dealers profite here was no change in the value original shipments ustwise. In veshipments vise there tin of th one-thu Ly coastwise arr were I vals the: a yin of more than ten millions. "There w cone ple in the inward trade ler transit pss while the en-aval ttsiness in silk cocoons exusetl iderable advance in the out ward The fallowing is Mr, Hobson's Ko. WHET arageaph re shipy coast pertlyscd business in the ports. vessels and 1204 1,15 Entries aid clearunees represent tale, fin increase of Spects caused 1480 vessels and L259U8L tons, The leet spart in of the China Me' nisferrel to the 4 during the Boxer Navigation wth year under the 1 anal colours: hence of a cent inthe numb of ant clewed. Rates 1. which until september had hewett i with the ered in the autumn and very remmnyrative figures, he way vera an active demand for tonnage yale and Chinkiang and also from Northern thronghfai for Swatow and ante with The Hee, Uniartunitely. the chartered Inats pret with so much dehy at Wu ell vein the Seth that even the high rates paid—3> candareens per pient did not far the detention. The north jo has not been good at any time ar—in fort, the regular cut beters the end of the yruanic wore running only a suv amer to tou in that direction
Text read from the printed page and cleaned; old type leaves the occasional error.