FOR THE CHINA TRADE

Evening Post, Volume CX, Issue 83, 4 October 1930, Page 11

FOR THE CHINA TRADE

'■••.■-.: •;.-;■. . —«. :— — ■ . ■,■ '. ■ ■ '■'• SOLD ': , ~ There is just now in Wellington Mi;. S.T.:\Villiaaiso.ix,,ol- the Williaraßoa.Sliipping. Liney Hohg-.lvong; making a fourth- trip' to JTew Zealand \-vvjthjn three yiearsj -Mr.. Williamson .generally; tikes' a ship oi< two with. liim""\ylieu lie leaves.' On this ocea-: sipn. lie.has bought the.Uuiou Steaii; Ship Company's" Kan'io" and'tlie A'.U.S.N. 'Coin--pany'B'Tay7"wli'iclV'are"beHig taken-to the China, seas by Chinese crews from Sydaiey. Educated in. . Wellington, Mr. Williamson finds pleasure in renewing old' friendships while—on Business iii Australasia. He,will.. I'eniain here until next Friday, ;phen. he leayeß for Sydney. Vessels l.'preylpusly purchased" by him in, New Zealand, fi'bm" the Union Steam Ship Company. ■werefthß'Koromiko, Kittawa, Kaia'pbi, and -.Kaitaugata, which ■ are now trading uivder his house ilag out of Hong Kbtig. ... ■ •■ .-• :• .„ " "All Eastern commodities fire down," said Sir..Williamson Lo a "Post" reporter. ■'Rubber, copra,1 and silk have all depreciated. Silver has depreciated from (is exchange in 1020 to Is 'Id to-day, so that anyone buying 'goods outside lias now to send away over four times as. much currency. ■ All 'this makes trade1 difficult, but I hefpo that things will improve before very long. There.is plenty of money, in •"Horipf Konpr, 'but it is not being t-o freely spOTil; outside. 5' '•-'■ ■ • •