"Exports of beans to South China land Germany, in spite of a consider-Jable demand, fell off, owing to the very high prices of beans in Man-[churia and the high railway tariffs.
"Furthermore, there is hardly any that country to grow beans jin considerable quantity, though a certain quantity of bean-all {s stil! being exported from here to the USA. 'There is also a Jquantity of bean off being exported to Germany, but it is impossible to ship beans' there at the present moment, Besides the high prices and high tariffs, exports to Nippon have been affected by the rate of exchange between yen and kuobl, the tact that yen is now below kuobl in value almost stopping the exports to that country.'
Wheat Export Trade As regards the export of wheat," there was a time when large parcels lof wheat and wheat flour were shipped from North Manchuria the South, but of late America hho Jdumped such large quantities of flour and wheat onto the world market at cheap prices, they have fausted the Manchurian products and late actually importing into Manchuria. [The latter fact places North Man-Jehurian flour mils in a diffeult position.
But if ts stil possible to ship bean-loll, but to make beans Into off they must be brought to the oil mills, and the railway freight is 20 high that fis also senseless to crush them for Jol, ax the all will cost too much, Therefore, to get over the present lerisis in' North Manchuria, {tis necessary to reduce the tariffs and bring down the value ut local cur-
At the present time there are 44 six Japan-foreign organs here have closed their doors, excepting the firm of "Wassard & Ca."
Tt would, however, probably be leetter!f foreign exporters were to work on the present grain exchange, there being no objection to Buropaan houses becoming members.
The Foochiatien grain exchange taxes prices every day, and neither merchants nor buyers of grain cargo have the right to sell products below the fixed rates.
Text read from the printed page and cleaned; old type leaves the occasional error.