Tokio, Feb. 15.
Japan's trade with India is on the decline and the condition is attributed to the fact that the Japanese merchants and exporters have maintained the high wartime prices, while European competitors have flooded the market with cheaper goods. Swedish matches, German cement and British cotton goods are the principal factors in the lessening of the trade of Japan in the Indian Empire and the European manufacturers of—these products are unusually active in their pursuit of trade.
The competition between the} N. Y. K. and O. S. K. in lowering} the freight rates on their fortnight-} ly services to India has helped somewhat in bettering freight rates, ut not enough to overcome the other disadvantages of rival competition.
Melbourne, Jan. 19.
Imports of tea into the Commonwealth during November last totalled 4,752,509 Ib., to which China contributed 113,606 Ib., as against 93,141 Ib. in the corresponding month in 1920. Java; sent 3,010,336 Ib., and Ceylon 1,375,218 1b.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.