Those silk firms in Fatshan which have a largo stock of silk on hand left over from last year are making enormous profits as a result of the present high prices for silk goods, reports the Canton Times."
A great demand for Chinese silk in America has been created by the recent silk exhibition held in New York and orders from American firms for Chinese silks are placed among the different prominent sil' firms in Uhina and silk dealers Canton are also enjoying this business prosperity. Canton silk dealers are ordering from Fatshan where many silk firms have large stocks on hand. The recoat heavy rains have decreased the production of silk this year and only ready made silks left over from last year are procurable. It is reported that many of the small silk firms in Fatshan have already made more than $20,000 since the opening of the silk market.
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