Newchwang. Since the railways opened, their advantage
over the waterway has not been disputed. By the water

way, date of arrival was variable, not to speak of requiring
a longer period, that often let slip a precious commercial
opportunity. Next, the trick of wetting Beans during
bransit was frequently played, besides other like questionable
 practices. In addition, the Newchwang Bar at the
mouth of the Liao blocks the way to larger-sized steamers.
Last but not least, the Port of Newchwang remains icebound
 during the height of the produce season.

All these handicaps made against the Liao waterway,
the larger portion of Beans coming to be consigned by
railway.

At present, the Bean stocks placed on the market may
be calculated principally on the base of what is carried by
the S.M.R. Lines, including despatches from such feeders
as the Ssupingkai-Taonan and the Kirin-Changchun Lina

and also the two adjoining lines, that is, the Chinese Kastern
 Railway and the Peiping-Mukden Line. The leading
trade routes in South Manchuria, comprising the S.M.R.
Lines and other carries, follow :
(1) Consigned to Dairen, Yingkou, and Antung by S.M.R. Lines.
(8) Consigned to Yingkou by the Liao waterway.
(3) Counsigned to Yingkou by the Peiping-Mukden Line.
(4) Consigned to Antung by the Yalu waterway.
8) Consigned for Seishin (Chosen) by the Tumen River.

J