When so much is being made of the probable present and certain future losses to British trade in China through Great Britain doing less than some other countries in the matter of the education of Chinese, it is particularly gratifying to hear of new British business. Last week we noted the opening of a big new spinning. weaving and dyeing factory in Shanghai and now there is to be recorded the official opening of the Leo Hsing Weaving & Dyeing Co's. works at Wusih, which took place last Saturday. These works have the distinction of being the first of their kind in progressive Wusih to be equipped with modern up-to-date machinery and, judging from the samples of the work produced, the enterprise should be an unqualified success. The power looms (manufactured by Messrs. William Dickinson' & Sons) and the bleaching and dyeing plant (of Sir James Farmer & Son's manufacture) were supplied through Messrs. the plucky Crowborough, most con-} sistent of ponies, who has won six races, been placed in 17 others and netted over $6,000 in stakes, was allowed to go for onl ly Tls. 2,700. Quite good ones went for Tls. 100 and useful hacks for Tls. 30 and Tls. 40, as they used to, which figures are quite enough, though they have been out of vogue for a long while. Perhaps the supply induced by high prices now exceeds the demand. Anyway, it was a surprising drop. Ponies have for too long been fetching horse prices.
Text read from the printed page and cleaned; old type leaves the occasional error.