The strike, together with other factors to do with the operation of vvesrels on the China Coast, is having appreciable effect on the local shipping situation, and the vessels of the Indo-China Steam Navigation fare working at full pressure. This is due, firstly, to the strike of the, C,.N. Co's officers with a con-
[sequence that a big fleet of arg: vessels is laid up indefinitely; secondly, to the anti japanese oycott; which is considerably affecting Japanese shipping in these parts; Jand thirdly, to the inability of the China Merchants, and to a desser degree the smaller Chinese shipping companies, to place their complete fleets in operation owing either to many vessels having already been Jommandeered by the—military authorities or to the inadvisability' of sending ships to certain ports at which the ships would be likely to be seized or detained. These factors, together with the fact that there is by no means sufficient tramp tonnage of a suitable class. Javailable for coasting work, have resulted in glut in the freight market practically all over the China Coast.
The vessels of the Indo-China IS.N. Ca. are now the only ones that can be relied upon to maintain Jo regular and reliable service om Jong' route, and in consequence the vessels of the company have been Jand are working at full pressure, with inmost cases much more corge offering than space available, 'On the Yangtze service, with normal conditions obtaining and the fleets of the China Navigation Company, the Indo-China 8. N. Coy the 'Nisshin Kisen Kaisha and the China Merchants' 8, N, Ca, in full operation, there would probably be 8 surfeit of tonnage for what cargo is offering, but with only the ships of the Indo-China 8. N. Ca, running regularly, those ships have quit jas they can cope with, both regard freight and passengers.
Text read from the printed page and cleaned; old type leaves the occasional error.