Crop and Quality Both of Low Grade -Fnost Our Own Commssronsext Hongkong, Aug. 14.
The raw silk market in Canton is dull and" featureless, according to the latest bulletin, "issued by the Kuangtung Raw Silk Testing Bureau August 1.
Little interest is shown by Europe] and America, while the demand for coarse size sk seems to have Quietened down. The fourth crop of aw ilk, on account of the cool and rainy weather in the silk areas, did not finish as well as expected. This ferop yielded about 3,500 bales of only fair quality silk.
In the absence of satisfactory demand for Kuangtung silk, towards the latter part of the period under review, prices have declined slightly, with "new style opened No. 1" being. quoted at $5750 at the close, there. Doing in all few transactions In this connection it is interesting to note that Canton Is awake to the: need for aiding the silk industry. Some of the decline in the trade may.
traced to the world crisis, but it {also known that China silk has not maintained the high standard of excellence for which it was once $0) favourably known.
Since the establishment of the Silk Industry Promoting Territory Shuntek County on July 1, a number fof sericulture and silk reeling ex-[perimental stations have been set up fu various sections of that county.
In order to understand the con-ition of the silk industry in this province before taking measures for promotion, the authorities of the territory are now planning to form party to. make an investigation four of the province, which the Silk Bureau of the Reconstruction Department, and the Raw Silk Testing Bureau will be requested to join. The term of the tour will be half a year.
"The Hongkong Government dele-ates to the Kowloon-Canton Rallws Conference tendered a compliment tary tion to the Chinese delegates in ary tiffin to the Chinese delegates in the Jacobean Room of the Hongkong Hotel on Wednesday. Many promin-cent local business men were present the tiffin and were introduced 10 the visiting delegates. Local ernment representatives were Messrs. MIN. 3. Breen, RD. Walker and H. K. Holmes. The Chinese delegates present were Messrs. Chang Wel-tru, Li Hislen-ken, Hu. Chi-hsien, Mok Kalfuk, Ho Tong-chin and Hsia Yuan.
Text read from the printed page and cleaned; old type leaves the occasional error.