New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-21
Peoples Trade Ways

American cOnIecJloHclo aiS o"'" ~
dominate the market in their line IN
Hong Kong at the present time, having
to a large extent replaced British
goods. They control the trade in high
class goods and have secured a large
share of the more ordinary bucket
trade, according to a report from Con-
sui General George Z. Anderson, who
says:
part of the present American hold
on the trade may be due to restric-
tions in Great Britain on the export
of sugars and similar commodities, but
the greater share Of the trade goes to
the United States now as matter OF
sheer merit and an increasing public
recognition that the American goods
are better value all around. Dealers
in Hong Kong who have heretofore
handled little or no American candy
now carry considerable stocks, while
others who have been dealing in such
goods to some extent now carry Amer
lean confectionery almost to the ex-
clusion of other brands. For the first
time several of the larger firms have
standing monthly orders with Amer
lean exporters"
A corporation known as Gaia Co
mercial has recently established Offices
in Valparaiso for the transaction of a
commercial credit and commission
business. The directors are well known
Chileans. The circular of the new
company announces that the firm is
prepared to advance money to local
importers for the dispatch of their
goods from the custom house, with the
imports as security. The Gaia CO.
mercial is authorized, as a customs
broker, to enter imports at the custom
house, to store goods in its own ware
house for the account Of shippers and
to sell or return imported goods. The
company also offers other services,
including representation Of foreign
houses in the Chilean field.
BY decree signed on November 80,
1916, by the President Of Brazil, the
company Italia-America, a corporation
organized in Genoa, Italy, on May IL.
1916, was given permission to operate
in Brazil and 20 establish a branch in
Rio de Janeiro. In effect the new COM
pany constitutes a combination of the
principal Italian steamship interests.
with joint resources Of lo3,000,00O
lire (Sl9,S79,OOO). Its objects are de-
clared to be:
Maritime industries and all kinds Of
operations relating TO maritime, huvial
and coastal navigation and marine
transport to be carried on. directly or
in partnership. with the material Of
the company or chartered material.
The representation and agency Of
navigation companies. ship outiitters
and other maritime business; the rep
VI lllHhi hAiNt NDliA Ddiilfo anu
industrial and commercial companies
in general.
The insurance and operation, direct
or in partnership, of port works, ship
ments Of merchandise for any destina-
ton, the furnishing and warehousing
of supplies for ships. service of bag
gage and forwarding. and all other SER
vices inherent to the operation Of
ships.
The acquisition, construction. repre-
sentation, chartering and sale of naval
material, machines and other articles;
mediation in charters and insurance;
and in general any other operation
connected. directly or indirectly. with
maritime, huvial and coastal transpor-
tation and with industrial and CONNER
cial enterprises allied to navigation.
Il is further declared that the COM
pany has been organized especially TO
develop commercial and industrial re-
lations between Italy and the American