BRITISH TRADE WITH BULGARIA

Oamaru Mail, Volume XXVI, Issue 8226, 13 September 1901, Page 3

BRITISH TRADE WITH BULGARIA

i;s --.'itof tins country with Bulgava '■*> K seriously declining. Our imi? :•-' the Principalitr fell from f-'ffl in 1899 to £i501,000 last year, ' ~~- inner figure was less than that r . ' i -' : ' : - The British Yiee-Consul at -'."p : he decline is due almost wholly ::; -tec-ease in textiles, which, were ?•" >m. !ess List year than in 1899. ! . this to the keen Italian com- : ~-x tie failure of the harvest and of bank. Nevertheless, he does ' : egird Italian competition as per£«t.y serious; "the Italians have been ■ i" by bad debts and rejection s ;"'is. owins to the bulk being inferior : ~ s «spie. that they are not likely to .aipor-.att factors in the near future, '\ VT -'- '■' m»re important in this conC: - is the fact that the Bulgarian imhave lost faith in them." British '•"ts estc to meet the competition of a -'- : ffl:li belonging to a company with ! -ead nfg ce Manchester; the labor _ T *j7 cheap, and the local yarns are sj'iy coT.petini with the low grade produd. But the decline is not British cottons; it extends to -~ otaer article? (except colonial procf. ir.4 the Yiee-Consul regards this see :o trie apathv with which British giants regard Bulgaria, in marked con■f" ;•. their German, Belgian, and ~ia rivals. la Eastern Roumelia, Italare described as active "t while Russian cloths from .~i'i are also entering 'the market; r : 'aere are indications that in some '--ir= British trade is recovering last P^-i-' The load carpet-making in- """» is rapidly becoming prosperous in Roumelia, having in quite recent received a great impulse from the " "P? ""- en a centre for the produc-'j-c: Bulgarian carpets, and large factf.vr exist where imitations of PKm. and Persian designs are produced. ■"!!? Qr6 t * clr inferior ~"to the orijrinals • '.^ lc:e: .but they are strong and mnr:h ta iti ordinary Bulgarian carpets, v.""' therefore an ancrteasing sale. .' trade of Bulgaria last year was !r.".'^ r : "?ur millions sterling, "of which te.-"' 1 o m '-''' 0: i represented import* and amounted to £301,150 and were -nc in ain ount. Austria-Hungarv coms first with £505,655, and Gennanv iaa wjia £231,599,—L0nd0n Times.