New-York tribune., 1895-07-14
TRADE And FINANCE ABROAD

INCREASE OF CHINESE COMMERCE-To REDUCE
THE RATE OF DISCOUNT OF THE BANK OF
FRANCE-THE TRANsvAAL GOLD CRAZE.
The foreign trade OF China during the year 1894
was on the Increase despite the war and epidem.cs
which desolated the Middle Empire According TO
statistics prepared by the secretary OF the Custom
House. and analyzed In lie Precurseur." OF Ant
werp, one Of the most trustworthy commercial pa
pers in Europe, Chinese importa,!ons amounted
TO $4,000 900 francs and the expectations 70 ioo 0o)
Compared to the figures OF 1888 importaions had n
Wooen expectations had risen from 1880 picus
in 1884, to 22600o in 1894 Raw cotton. whcn was ex.
ported to Japan p and baa EFSpe 70 e se cs IN
All this despite the fluctuations which during last
quoted ySaF ay So o and @ &
letter or rather. a memorial. has been ad-
dressed recently to the administrator OF the Bank
OF France by NJ Jules Jaluzot. a Deputy. asking
for decrease in the rate OF discount OF the bank
This great National financial institution had al
ready granted dlminution. but another move In
that direction is considered necessary to French in
dustry and commerce. Some newspapers having
member Of the Chamber OF Deputies. ne wrote
them that he had not acted In the matter as
GaR he and RDuy s sS, Of
the famous "Magasins du Prntemps."
One Of the principal products OF Paraguay Is the
yerba mate. which s largely used as tea in South
America. 1t was discovered recently that adutera-
ton practised in the commerce and preparation
Asuncion, has recently taken severe measures to
detect and punish those who practise adulteration
In the Dominican Republic agriculture and COM
merce have continued TO progress in 1894. according
10 Trustworthy but indefinite informatIon but the
official report has not yet been published. II IL
admitted that there has been n continuation OF the
progress signaed during the preceding two years
N
dollars and OF 2.S46.S9i In 1893 The expectation
ss @ nepeasea san % IN @ SssSi
OF coffee. and tobacco has Increased by nearly
100 per cent since 1880.
The Transvaai gold craze continues to show
abatement IN Europe. especially in France. where
the famous woollen stockings emptied for the
purchase OF shares in the hundreds OF visionary
companies In South Africa. The enthusiasm Of
the small investors Is easily explar ed by the fact
that. while the collapse OF many mines Is not men,
toned, the success Of some others II extensively
paraded. 1t is difficult to resist the temptation to
buy shares when It is published urbi ct orbi that
the gold production OF the Witwatersrand. for In
stance. has reached from BE ounces Of gold in
some cool ol-headed men in France who fear krach
IN the gold mine speculation somewhat similar to
ically their time and their money In attempts 70
warn their countrymen. The latest effort In that
s .esn s A1en eded BY
Aron ;h rTad retired merchant who Is aghng against q
tnc iHtenueu entry OF some GOld sndres upon the
official list OF quotations OF the Paris Bourse.
The latest news from Buenos Ayres states that in
consequence Of the high price that millers in the
Argentine Republic have to pay for wheat. ship
ments to Europe have been almost suspended
The official statistics concerning the commerce Of
Mexico during the first quarter OF lse4-s5 have
been published Compared with those Of the same
period In ls9s-e! they show decrease In importa-
In expectation OF $50 2s5 200. against 1889 l5i The
exports of conee, vanilla and tobacco have been
dimnished however, during the first quarter OF
ls94-so but that dminution has been more than
counterbalanccd by the increase in the exports OF
silver ore from 81 nj 1892 20 81 and by that OF
henequin from S,2os.2a2 to &.OS,iii.