New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-07-07
FRESH TRADE DEVELOPMENTS.

The American Consul at Che-Foo has sent to
Washington an extended report on the commerce
of China He says that II Is steadily increasing,
and the imports there are greater by small
margin than the exports. The net value OF the i'm
ports last year was l45.44s.05S. This is two and
one-half times great as they were twelve years
ago. The value of the cotton piece goods bought
by China during the last three years has remained
stationary. This fact is due in small measure to
preparations in China to manufacture for herself;
but It is to be observed that while the total has
not changed, there has been a marked substitution
OF American goods for Dutch ones This is especial
~ true Of drills and sheetings Again II is pointed
out that Manchester can no longer compete with
the United States on coarse and heavy cottons, as
than the American manufacturer. In shipping his
goods also, the American has the advantage IN
freights over the Englishman: Great advances are
observed In the trade OF China In unpates
The United States Consul at Montevideo. having
been asked what is the prospect for emgrants from
the United States TO the Argentine and adjacent
countries cites an article which appeared in THE
Buenos Ayres Herald" recently That paper
marked that any North American who spoke only
English would be In the same predcament there as
a Spaniard would be in this country If he could not
have poured into the Argentine. and are working
for much less than any self.respecting American
living is greater than in New-York or London.
Manufacturers are similarly DISCOURAGED by the
districts are filled with foreigners who will underbid
all decent labor from North America IL would be
folly for the Yankee farmer 10 go TO the Argentine
with any thought of improving his condition.
Consul Fowler at Che-Foo. says that last year
he saw a number Of soldiers drinking impure
water out of large Jars. And he is thus led TO sug
gest that II American manufacturers of cheap
filters would sent out a lot to the Chinese ports
they would sell well.
According to THE Journal OF Commerce." the
substitution OF Argentine wheat for that which
comes from the United States by Brazilian mlers
is not due 10 the tariff. for there is no tariff
wheat But Brazil does impose impost duty on
-four and hence It is becoming more economical
for the Brazlians import wheat and grind It
themselves than to buy -four ground abroad To
be sure the United States is holding her own in
but there is no such growth in the business
could be desired; The nearness OF the Argentine
explains the ability Of that country to sell more
wheat TO Brazil than the Yankees do
The hardware trade is beginning to feel the fail
ure OF manufacturers to deliver goods promptly
that ordered long ago. or course. the trouble
Is due 10 the difficulty experienced by the manu-
facturers in getting material Similar delays in
finishing parts OF bridges and buildings is caus
is well maintained. Continued reports are received
however, OF new and valuable finds in the Lake
Superior iron mining regions which promise well
for the future.
THE Cotton and Wool Reporter has reports
from Montana that indicate that the heavy rains
have left the wool cleaner than usual this
season. and that better prices offered out
there than in Eastern markets. Purchases have
been made at prices that are equivalent to IS and
60 cents here. Manufacturers raising their
quotation on goods little too. An adv ance In
worsted suitings of 10 cents yard is noted.