The British Chamber of Commerce, Hankow, in its report on business conditions for the week ending August 10 state:
Finance and Money Market—Since our last report bar silver in London has declined 23d. ready and 2d. forward, the respective quotations on the loth instant being 36} and 363. In sympathy with silver, exchange rates have dropped 2d. since the 4th instant, the official quotations being'T.T.'3/8 and 4 m/s. credits 3/11-at- the end of the week. Chinese market _rates: Shanghai taels 96.7. Dollars local currency 70.2 tive Interest: 15 per cent. per annum.
Exports—Local tael prices rule firm with an upward tendency. The uncertain political situation has had the effect of making Chinese dealers averse to the negotiation of business in many cases. Local stocks of produce are light also, so that, although a better feeling has made its appearance in the home markets, conditions prevail ing here render it difficult to transact business. Cowhides, sesamum seed, beans and peas are now quoted much above the parity of home values.
Piece Goods—The market continues to be adversely affected by the political situation and business is practically at a standstill. The native banks having stopped all credits, clearances are non-existent.
Yarn—Nothing of interest to report.
Anatysis or Exports.
In the Chamber's analysis of exports the following principal totals a shown:—To _Shanghai—477 piculs jute; 273 piculs tallow; 640 piculs gallnuts; 5,057 piculs cotton 0 piculs sesamum seed; 5,577 piculs beans; 4,824 piculs wood oil 586 piculs hen albumen. To other ports in China—2,231 piculs jute 8,602 piculs beans; 2,833 piculs wood oil. To United Kingdom—1,659 piculs juts; 200 piculs bris-ties: 228,982 piculs beans; 18,268 piculs white peas; 3,953 piculs wood oil; 447 piculs hen albumen; 4,043 piculs hen yolk. To America—16,809 piculs wood oil. To Belgium—3,360 piculs beans. To Germany—475 piculs cowhides; 433 piculs 11,760 piculs sesaalinut mum 311 preuls Wood oil.
To Japan:—d.936 piculs jute; 968 piculs cotton: 840 piculs beans; 367 piculs white pea: 73 piculs wood oil. To Holland—18,480 piculs sesamum seed; 8,400 piculs beans.
Text read from the printed page and cleaned; old type leaves the occasional error.