June 4, 1896.]
The N. C. Daily News of the 28th May says: -Native advices received from Hangchow re- port that owing to the fine weather recently experienced the silk producing centres in Chế- kiang province have been able to bring out silk cocoons of a specially fine kind, which are much superior to those put on the market for the last two or three years. Prices also promise to be below those quoted last season. The market, however, has not yet opened, but will probably do so within a fortnight from hence. Already hundreds of cocoon brokers and buyers from all parts of the country, notably Shanghai, are gathering at Hangchow in order to have the pick of the market.
The China Gazette of the 25th May says :-- Mr. Carlson, of the Harbour Department, and Messrs. Wilson and Payne, Customs divers, left Shanghai on Saturday morning last in the tug Fuhlee for the purpose of blowing up the sunken pilot boat Syren. The Fuhlee anchored close to the wreck at 1.30 -p.m. and all prepara- tions having been made by 5 p.m. the torpedoes were fired and the result proved a great success. Two torpedoes, each charged with 500 lbs. of gunpowder and 10 lbs. of dynamite, were placed one on the starboard quarter and the other under the bluff of the port bow. Both were fired simultaneously, and the wreck was not only completely shattered and blown to the surface, but the greater part went fifty feet in the air.
ÇOMMERCIAL.
+
TEA.
1896.
CHINA OVERLAND TRADE REPORT,
Long-reels Lacklow
$480 Satow $465 Suilam. $420
Re-reeled Lacklow No. 1.$185 No. 2.170
Maliang
No. 3 $455
No. 4.$435 .No. 1.$460 Punju Books No. 3 & 4. 80 Punjum Waste
Steam Waste Extra
Market Extra No. I Gum Waste No. 2 Re-reel Waste Pierced Cocoons
Grant-reel.
=1/6
$70
= 1/4} $ 92
=1/91 ..374 to 375-15101/5
$57
1/14 .$.50
1/-
$86
=1/71
62
=1/2}
Settlements for the fortnight :-
*
1894-93.
For Europe Far America For Bombay
www.
1895-96.
2:0 bales
60
[& 30 piculs.
500 bales.
180
JA
*
100 [& 50 piculs.
SHANGHAI, 28th May.-(From Mr. A. R. Bur- kill's circular) London advices continue to quote Gold Kilins at 7/10), Blue Elephants at 10/-, -advising a very quiet market there. Raw Silk. -The actual purchases of the week are in a very small scale. No Tsatlees have changed hands, but, about 100 bales China filatures have been booked at quotations. Yellow Silks-To extent. of some 50 bales are reported settled and also 250 bales Tussal Raws. New Crop. - Country advices continue to come indecisive in tone and rather conflicting, but it appears unlikely that there will be any appreciable decrease or increase in the crop of 1896-07 as compared with the season now closing. Some contracts have been made for Coarse Silks for delivery July onwards on a basis, I believe, of Tls. 3471 for 9/12 Moss Er. No. 1 Green Stock and Tls. 250/255 for No 4. Arrivals. As per Customs Returns, 21st and 27th May. 71 bules White, 73 piculs Yellow, and 57 piculs Wil Silks. Waste Silk.-A purchase 23.00 to 46.00
of Medium Blaze at Tls 9.3 is roported and also 15.00 to 16 50
some transactions in Old Wadding at TI<, 6.75. 19.00 to 21.00 Pongees -Shantungs 19 in. by 19 yds. 22 oz.
have ben taken at Tls. 2.65,
HANKOW, 25th May.-Business reported since the 18th inst. is as under :-
1895. 176,430 {-chts. :—
Settlements...189,032 -chts. Consisting of the following Teas
94
13
per picul. Ningchows... 32,106 ¡-chts, at Tls. 16.00 to 63.00 Khemuns ... 17,387 Ho-hows...... 3,531 Wenchows... 924 Oopacks 63,059 Oona ma Oonfias
30,179 28,924 Seang-tams.. 10.922
37
"
35
J
}}
#
55
15.00 to 44,00
14.50 to 40,00
28.00 to 49.00 11.00 to 22.50 The entire business to date as compared with the corresponding number of days from the open- ing of last season, viz., 16 days.
Purcases include:-Yellow Silk.-Mienchew at ls. 230. Fooyung at Tle. 210. Filature- Black H rsc 1 at Tls. 455, Fan Chop at Tls. 420. Wild Silk-Tugrah Raw at Tis. 195, Szechen Tussah Raw at Tls. 112).
473
The P. & O. steamer Java, Hongkong to New York, 19th May, took :-39 cases Chinaware; for London :-582 packages Matting, 491 bales Canes, 42 cases Shell, 647 cases Chinaware, 51 cases Blackwoodware, 495 bales Waste Silk, 2 cases Fans, 5 cases Silk Piece Goods, 38 cases Opium, 99 casks Ginger, 52 packages Sundries, and 1,090 boxes Tea (22,800 lbs. Congoù).
The P. & O. steamer Ravenna, Hongkong to Amsterdam, 21st May, took :-1 case Silk Piece | Goods; for London -2,057 packages Ten (25,772 lbs.) cases Siik Piece Goode, 10 cases Cigars, and 4 packages Sundries; for Marseilles :—514 bales Raw Silk, and 2 cases Silk Piece Goods; for Milan:-25 bales Raw Silk; for Trieste :-70 bales Pierced Cocoons.
The steamer Sydney, Hongkong to France, 27th May, took-155. bales Raw Silk, 250 bales Raw Silk, 10 bales Hair, 5 cases Silk Piece Goods, 250 packages Tea 4 packages Samples, and 100 packages Matting for "Milan-15 bales Raw Silk; for London-1 case Silk Piece Goods.
OPIUM.
HONGKONG, 3rd June.-Bengal.-There has been a further drop in rates, the market closing weak at $660 for New Patna, $705 for Old Patna, $662 for New Benares, and $725 for Old Benares.
Malwa.A small business has been done in this drug during the interval at slightly lower rates than those last reported. Latest quotations are as under :--
New
5750 with all'ance of 3 to 4 cfs. Old (2/6 yrs.).$760
1 to 2 1 to 1
ول
19
IP
(7/10,, ).$770 Persian.he market has further declined. Paper-wrapped is quoted at the closc at $600 to $64, and Oily at $570 to $600 according to quality.
To-day's stocks are estimated as under- New Patoa
Old Patna
New Beanres Old Benares Malwa
...1,870 chesta.
530
290
86
370
2)
COURSE OF THE HONGKONG OPIUM MARKET,
PATNA.
BEN ARES.
MALWA.
DATE.
Now. Old.
.New. Old.
New. Old.
For London and
1896.
America
For Russia
72,000 (-chts. .192,125
1893. 90,000 4-chts, 406,294
EXPORT OF SILK FROM CHINA AND JAPAN TO EUROPE.
1896. May 27
$
$
$
$
$
6774
7221
680 740
750 760,770
May 28
6774
7221 880 740
750 760/770
**
1805-06
bles.
264,1 5
496,294
17
Canton
19,748
Shanghai
57,691
EXPORT OF TEA FROM JAPAN TO UNITED
STATES AND CANADA.
Yokohama.
24.004
1894-05 May 29
bales.
May 30 16,621 May 31 6724 715 50,769
June 1 670 715 Juna 2 665 710 20,679
June 3 660 706 6621
675 715
.677 735
750 1760.770
672) 715
675 785
750
760,770
675 735
750
780/770
6721 735
750
¡760 770
665 730
725
750
760/770
750 760 770
101,4-13
88,072
Yokohama Kobe
1896-97 lbs.
.431,553 ..35,163
466,716
1895-96 lbs. 1,001,127 156,540
1,157,667
1895-96
hales.
1994-95 bales.
Canton Shanghai
9.387
8,978
EXPORT OF SILK FROM CHINA AND JAPAN
TO AMERICA..
COTTON.
HONGKONG, 3rd June.-Arrivals have been very heavy in the past fortnight, while the demand has also slackened. This has had the effect of putting prices down by 50 cents per picul, closing tendency downwards. Stocks: Bengal, 8,000 bales.
Bombny
.10,310
0,925
Kurrachice
$12.00 to 15.50 p. pl. ~12.00 to 15.00
Tokohama..
.28,661
27,430
"
Bengal, Rangoon, and
31
49,358
46,333
SILK.
CANTON, 2nd May. Tsatlees and Re-reels.. Remain quite neglected. Dealers are offering contracts in new season's Re-reels at subjoined quotations, but American buyers are deaf to all proposals. Filatures-Have attracted very little attention and even the light demand previously ruling for finest sizes has dropped off. The few settlements reported include: Cheong Kee 9/11 at $612), Miu King Lu 11/13 at $610, Chung Sun Hang 10/12 at $692), Mau Po Sing 10/12 and Yu Wo Cheong 18/15 at $575, Shiu King Lun 18/22 at $495. There are no signs of life yet in the American trade. Waste-Is unchanged and quiet with a fair demand in Steam at $73/74 for Market Extra. Stocks :-Tsatlee, 200 bales; Filatures, 5/6,000 bales, carried over to next season. We append quotations in Canton. with laying down cost in London and Lyons, Exchange 6 months'
Dollar sight 2/2 and Fca. 2.82 per Tsatlee
No. 1 $445
No. 2 $130
8/3 7/11/
No. 3 $415
7/81
No. 4 $403
7/6
No. 44 $400
7/5
No. 5 $390
7/3
Filature 1st class 11/13...$610 to $600
lat 18/15...$610 to $600
"
2nd
JI
2nd
2nd
23
2nd
12
3rd
3rd
""
9/11...$610 10/12...$590 to $595 18/15...$570 to $580 10/12...$565 to $570 11/13 $500 to $475 18/15...$500 to $476
|
CAMPHOR,
Hoxasovo, 3rd June.-Dullness prevails in this market and the decline in prices continues. Quotations for Formosa are $12.50 to $43.00. During the past week sales have been 150 piculs.
do.
SUGAR.
+
HONGKONG, Frd June.-The market is brisker and a further advance in prices has to be reported. Following are the quotations:- Shekloong, Xo. 1. Whito...$7.17 to 7.20 per pel.
do.
2, White... 6.55 6.58 Shekloong, No. 1, Brown... 4.52 to 4.54 2, Brown... 4.32 to 4.37 Swator, No. 1, White... 7.07 to 7.10
jo.
. White... 6.42 to 6.45 Bwatow, No. 1, Brown... 4.41 to 4.43
do.
2, Brown... 4.27 to 4.29 Soochow Sugar Candy ..10.82 to 10.85 Shekloong
9.30 to 9.33
A
MISCELLANEOUS EXPORTS.
25
The steamer Glenshiel, Hongkong to Marseilles, 5th May, took-106 packages Canes; for Man- chester-70 bales Waste Silk; for London :--- 1,000 bales Hemp, and 18 packages Sundries.
73
15.00 to 15.90 Dacca Shanghai and Japanese.. 18.0â to 20.00° Tungehow aud Ningpo.. 18.00 to 20.00 Madras...
13.00 to 16.00 Sales: 100 bales Bengal. Rangoon, and Dacca.
RICE.
HONGKONG, 3rd June.-The upward tendency has been arrested, the Canton market being weaker. Closing quotations aTO :---
Saigon, Ordinary
Round, good quality Long
rer picul. $2.39 to 2.83
2.61 to 2.64
2.73 to 2.75
2.60 to 2.62
No. 1
2.82 to 2 84
3.12 to 3.14 3.31 to 3.34
Siam, Field, mill cleaned, No. 2...
Garden,
White
Fius Cargo
COALS.
HONGKONG, 3rl June-Sales of 2,000 tons Cardiff on private terms and 6,000 Japanese at $4.35 to $5.35 are reported. Quotations are :—
Cardit
.$12.00 to 13 ex ship, nominal; Australian ... 7.00 to 7.25 ex ship, nominal. Miike Lump... 5.69 to 5.75 er ship, nominal, Mike Small... 4.63 to - ;ex ship, do Moji Lump 4.00 to 5.25 ex ship, nominal