The Archive · 1926

The Cotton Trade

(Continued from Page 40) ments, it will be seen from the following table, were met as follows:—

American Cotton imported into Shang: wai from." U.S.A, during 1935, Amounts to 123,998 Cotton imported into Shanghai from Bombs and Rangoon during to 889,100 Indian Cotton. imported rom Japan during nly far as Shange wed there was an adverse inst the port, It has, how= ever, to be remembered that quite cons siderable exports go direct from Hankow to Japan, and the figures before us do not afford material for a straight= forward comparison xo far aa the whole of China is concerned.

As to the importance of the import trade, however, there can be no doubt, 8 has been well shown by the interest ken in the movement inaugurated towards the end of the year which ree sulted in the formation of an Indian Cotton Importers Association. The main object of this was to come to an angement with the principal shipping lines trading between here and India, and as a consequence the actual Purchaser of the cotton now secures a rebate of 74 rupees per ton on all Indian cotton imported.

Text read from the printed page and cleaned; old type leaves the occasional error.

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