During the whole year the market on every service on the and mid-Ching run was dull almost utterly dead, and apply to both regular Canton-Haiphon; Di nton trad for bean cargoes remained station: tween 26 and 25 cents p January to June. Very were fixed for this busin not camp: inst owned by Northern Chine: willing to accept, and did ace goes at very poor rates. From September, no busine was report Renewed activity October when, on account of the Ca boycott, charterers had to take Eh and Japanese steamers to load fon's beans for Canton. 60- were paid for part and 48- reoes in lit Japanese steamers. loading Octo-tes were accepted for loading Dalny-Canton and Dalny-Shangh: 8 offered to charterers at 42 sen por picul by Japan exe owners. Brit the Dalny-Shanghai bean trade was a little more pronounced towards the end of the year, but rates were, on the whole, on an unremunerative level.
On practically all of the regular services to and from Shanghai rates were that dave local British and Japanese ship-cut in most instances to an extent, there being both a shortage of car-
Tue New Day-Docx at rae Kuawoxan Dock axto Encinceninc Works. OPENED 1 APEiL, 15 asin Satvacr Vesen. Savoy, Ose or tite Caner on me Kexn a rine Wort The which obtained at the beginning of the year became mivch worse with the approach of the China New Year, the coast being more or less at a stand-
When the holidays and settlements wer, there was a slight improvement trade only, but with the unsettled military and political situation like a_pall, few "lined to serious which at this for coreeer port hardly any The end of the month from Dalny lit vets of londo ing from curtain amount ut ye business ports, By the on all sides were tive and rates showed a sidney, though there was than could it business 2 berth lines, lo moving from the nent of and Tientsin, to the south showed dening of June, weciably all rou rates from n ports to Hongkon, nid Swatow crably The ike The came the strike, The immediate effect was to kill for the ti act of ships ud Yangtsz The strike of vessels berth commenced oft from to the lowest depths of depres-id Chinese and Scandinavian, and to a limited extent American, tonnage commenced to get busy. By the end of the month, the British services to the south had completely been suspended, and fo northern and Yangtze ports there was only an occasional sailing, the vessels being manned mostly by "White" Russians er non-union (in other words, non-Bolstevist) labour Long after the strike on land had to all intents and purposes been terminated, the ko of seamen went on, the strikers receiving grants of considerable sums from local Chinese merchants: who, while pos sible. actuated to some extent by a national feeling, were influenced mostly by the' profits they themselves were reaping from the ships that were being operated by and for them, By about the middle of August, the strike on Japanese ships was lifted {0 an appreciable extent, and ships of that nationality returned to the services irom which they had temporarily been ousted. By this time, however, the Scandinavian and Chinese tonnage which had been brought into Chinese services was becoming firmly established. The strike of the seamen on the British coasting ships has never officially been called off, and the British companies have gradually: resumed their activity in their old trades, with very few of the old crews that belonged to the Bolshevist-con-{rolled seamen's union.
Little attempt appears to have been made to institute, with the previously-almost-unemployed Chinese and Scandinavian tonnage, any regular berth ser-viees, either cargo or passenger, on the Tines from which the British and Japan-companies had been pushed out, the majority of the vessels being fixed on either trip or time-charter basis. The rates paid are stated to have been fairly satisfactory, and much ahead of anything same veenels could possibly have ex-or hoped for had there been no at Shanghai and boycott at Hong-Kons. For a few weeks, charter rates from Newchwang to Swatow rose more than 100 por cent. above May levels, but by the middle of October business in this direction slackened considerably.
Text read from the printed page and cleaned; old type leaves the occasional error.