DOI Seite / Zitierlink:
https://doi.org/10.11588/diglit.22463#0031
January 15, l9oti
Three
TRADE & COMMERCE
Kalinipong January, 14
GENERAL
The week under re-
view did not show any
marked improvement over
the last week inspite of
persistant rumours that
Tibetan traders were on
their way to Kalimpong
with sufficient funds for
making purchases in India.
Traders and muleteers
have come, no doubt, but
most of them empty
handed. I he Chinese
authorities in Tibet are
giving some Bank Drafts
to old established traders
of Lhasa and its surround-
ing plaoei but people from
Kham and other places
who out numbered the
previous traders during
the last year have not
yet received their Drafts.
Certain things are in
great demand in Tibet
and supply position of
these are difficult. Tyres,
tubes and other equip-
ments for yak and horse
driven carts are in huge
demand due to the build-
ing of new roads in Tibet.
AIbo Tooth-Brushes—Ar-
yan Tooth Brushes parti-
cularly—are in great de-
mand since these are
reported to be finding
market beyond Tibet.
Craze for trade in
Dollar! persists and in
absence of diminished re-
gular trade more people
seem to be attracted to
wards this riskly line.
Inspite of Customs and
Sikkim btate precautions,
Dol ars are reported to
be carried to melting
places yielding sufficient
margin for the trade.
1 Due to unuBual delay
in getting things up here
by Railways most of the
things are being brought
by Air and Post parcels.
Private carrier companies
are doing brisk business
since they teen to have
sources to get wagon
priorities.
Merchants depending
on local business are fa-
cing difficult dnys with
greatly diminished pur-
chasing capacity of the
general public. With ever
increasing establishment
oost, departmental stores
are passing through a
period of unprecedented
crisis. Thin population of
the town, made thinner
due to severe cold spell
and lot business are r 8-
ponsible for empty rooms
and tables in hotels and
restaurants.
To top all has come
the new municipal assess-
ment—putting up property
assessment to unpreceden-
ted high level which will
ultimately result in high
rental, more defaults in
payments of premises rents,
more civil caBes and good
time for lawyers.
WOOL :
The imp >rt has been
steady and taking into
account the four thousad
maunds that is reported
to have landed in Kalim-
pong this week, a total
of about 19 to 20 thou-
sand maunds of raw wool
has been received here
till now in this season.
Looking into the import
figures of the last three
years which oome to an
average of 60,000 mds.
annually, another 30,000
mds. or so are expected
in this season.
The rates, as availa-
ble today, are as under:
1st white—196/196: 1st
white & white mixed—
190/192: white I8S/189:
light gray 140/141: Dark
gray 122/123 (not availa-
ble).
At this rate Indian
Mills are not interested
and only exporters are
in the market. Indian
exporters are faced with
new problems this season.
Chinese exporterM are offer-
ing better prices to Tibe
tan sellers and quite a
large share of whatever
wool has arrived at <Ca-
limpong has gone to non-
Indian exporters besides
a huge quantity that have
been purchased by them
(Continued on page 9)
Three
TRADE & COMMERCE
Kalinipong January, 14
GENERAL
The week under re-
view did not show any
marked improvement over
the last week inspite of
persistant rumours that
Tibetan traders were on
their way to Kalimpong
with sufficient funds for
making purchases in India.
Traders and muleteers
have come, no doubt, but
most of them empty
handed. I he Chinese
authorities in Tibet are
giving some Bank Drafts
to old established traders
of Lhasa and its surround-
ing plaoei but people from
Kham and other places
who out numbered the
previous traders during
the last year have not
yet received their Drafts.
Certain things are in
great demand in Tibet
and supply position of
these are difficult. Tyres,
tubes and other equip-
ments for yak and horse
driven carts are in huge
demand due to the build-
ing of new roads in Tibet.
AIbo Tooth-Brushes—Ar-
yan Tooth Brushes parti-
cularly—are in great de-
mand since these are
reported to be finding
market beyond Tibet.
Craze for trade in
Dollar! persists and in
absence of diminished re-
gular trade more people
seem to be attracted to
wards this riskly line.
Inspite of Customs and
Sikkim btate precautions,
Dol ars are reported to
be carried to melting
places yielding sufficient
margin for the trade.
1 Due to unuBual delay
in getting things up here
by Railways most of the
things are being brought
by Air and Post parcels.
Private carrier companies
are doing brisk business
since they teen to have
sources to get wagon
priorities.
Merchants depending
on local business are fa-
cing difficult dnys with
greatly diminished pur-
chasing capacity of the
general public. With ever
increasing establishment
oost, departmental stores
are passing through a
period of unprecedented
crisis. Thin population of
the town, made thinner
due to severe cold spell
and lot business are r 8-
ponsible for empty rooms
and tables in hotels and
restaurants.
To top all has come
the new municipal assess-
ment—putting up property
assessment to unpreceden-
ted high level which will
ultimately result in high
rental, more defaults in
payments of premises rents,
more civil caBes and good
time for lawyers.
WOOL :
The imp >rt has been
steady and taking into
account the four thousad
maunds that is reported
to have landed in Kalim-
pong this week, a total
of about 19 to 20 thou-
sand maunds of raw wool
has been received here
till now in this season.
Looking into the import
figures of the last three
years which oome to an
average of 60,000 mds.
annually, another 30,000
mds. or so are expected
in this season.
The rates, as availa-
ble today, are as under:
1st white—196/196: 1st
white & white mixed—
190/192: white I8S/189:
light gray 140/141: Dark
gray 122/123 (not availa-
ble).
At this rate Indian
Mills are not interested
and only exporters are
in the market. Indian
exporters are faced with
new problems this season.
Chinese exporterM are offer-
ing better prices to Tibe
tan sellers and quite a
large share of whatever
wool has arrived at <Ca-
limpong has gone to non-
Indian exporters besides
a huge quantity that have
been purchased by them
(Continued on page 9)