The Fulton County news. [volume] (McConnellsburg, Pa.) 1899-current, 1907-01-24
CHINA AND JAPAN.
Some Interesting History Condensed
with Valuable Information.

Inc HTbt passenger railway Cdlb 70
be used on the main line of the Can
ton-Hankow Railroad are to be made
in Springfield, Mass. The order is for
seventeen cars.
In the various treaty ports OF China
there are los American firms and
1880 American citizens; 1877 firms
and 1850 citizens OF Germany; 434
firms and S493 citizens of Great
Britain, and 729 firms and 1920
citizens of Japan, says Daily Con-
sular aud Trade Reports, quoting
from the last imperial Chinese Gus
toms report.
The shares of the South Man
churian Railway we're oversubscribed
seventy-nine times. They are now at
a premium OF Is per cent. The Chi
nese Government did not apply for
shares. Japan will have full control.
On the London Stock Exchange
Chinese * per cent. bonds are
quoted at 97A; per cents at from
par to 100 y, and per cents at 1903
and 103 u. The per cent. silver
loan bonds sell for 103, says the
Anglo-Japaucse Gazette OF London
Toxic.
Coal mining in the province of
Shantung, China, is stesdily increas-
ing. Last year one district produced
136,990 tons, or 100000 tons more
than the year before.
China now has railway mileage
of about 5000 miles. OF this 1880
miles are in operation and the rest
under construction, except $50 miles
lin allegiance" Last year the Chinese
Imperial Railways. s26 miles, paid
20 per cent. on the capital outlay.
In July last for the first time in
several years Japan's balance of
trade was on the right side. In July,
1905, the months balance was S5,-
100000 against Japan. In the seven
months ended in July exports rose
S20,000,000 and imports fell $34,-
100000, favorable change of $54,-
25O,00O
On October 1 G last the prices real
lied for Japanese per cent. to per
cent. Government bonds ranged from
87h to 102A. Harbor and water
works per cents brought from 104
to 106 Railway per cents were
sold at "a ".
During 1906 Japan imported ST.
10000 worth of artificial indigo.
The Industrial Bank of Japan is
raising S5S5 900 abroad for a water
supply system at the city OF Fusan,
Korea.
Kobe, Japan. imports more goods
from the United States than from
much as from Germany, Australia
and France combined The imports
from the United States were more
than S25,O00,000 in 1905, against
less than SIS, 100000 in 1904.
Cotton spindles working in Japan
number 1,430,717, compared with
S18,742 only ten years ago.
American exports of locomotives to
Japan trebled in 1905, as compared
with 1904. The Sanyo Railway uses
only American locomotives.
Japans rice crop is good this year.
being 50,000,000 koku, an increase of
80 per cent. over 1905 and 1914 per
cent. more than the average crop.
The electrification of the Nankai
Railway, 40 miles long, with 91s
miles of double track, is in progress.
Osaka has water power only 2S
miles away capable of producing 49,
900 horsepower. 1t is to be elec-
trically used.
The Japanese Government will
spend S10,000,000 to improve the
harbor at Tairen, Manchuria.
The Eisho Toshu-kan (library of
English works) has received an en-
dowment of $4,000 from wealthy
Londoner.
Japan's national debt now amounts
to 81, 1,011,472,367. of which s72, ,00O,-
900 is for public works and railways
The total debt is 900 more
that the interest bearing debt (s925,-
100000, including 100000 for
the American Panama Canal) of the
United States. AS the population OF
Japan is about one-half that of the
United States, the debt burden on
Japan's people is about twice as
Neavy.-New York Sun.