Notwithstanding the general di pression in trade and the lightness DE tunes, there has been some development in industries producing articles hitherto Imported, and though tories are small and ately financed, the ter fey towards Increased industrial 1, tion ix obvious and being logical ound to succeed in the end, Tt is {rue that some of the larger indus fare' passing through dificult times ud that many cotton mills are eluded down or are. working on. short tin but this "shake onl" will probably prove an advantage as Hk will den Snetrate the need of greater eMlie ney in management and more solid financing, for those mills which a ficiently managed and. adequately financed are doing well "The increase in the number of woollen mills indicate the change of Fashions from cotton and silk to wool fabrics, and It would. appea that development in these mi Ito. ierease rapidly. This development will naturally produce demand for wool and wool to} to. important Inereascs from Australia The development that hay taken place in China's industries not generally realized but though at the moment the surplus mane factures available for export is siall, will not be long, provided exchange Femaine steady, before the products China's factories will be com= peting in markets outside the country. Already many articles of paris factured in small factories are ship Furope,
Text read from the printed page and cleaned; old type leaves the occasional error.