September 10, 1896:]

COMMERCIAL.

TEA.

CANTON, 8th September.-Macao Congous, - Business has been on the same small scale as during the previous fortnight, and very limited supplies are forthcoming. Settlements during the past two weeks only aggregate-1,300 Boxes at Tis. 101/14 per picul, shewing, if anything, a turn in bayers' favor. For Australia and the Continent there is but small enquiry, Sented Cipers. The past fortnight has been very quiet with little demand; settlements are reported at 11,000 Boxes at Ule. 91/23 per ¡icul, making a tolal to date of 159,00! Boxes, against 200,000 Boxes to the same time last year. Prices are easier all round, and may be quoted Tl. † to Tl. 1 per picul lower than last quotations, according to grade, the market closing weak with a downward t'nd icy.

About 41,79 Bose are held by natives, who are anxions to sell, but da not force rales. Scenting flower is now cheap and plentiful. Our present estimate of the Total Export for the season is 5 mils.

news

Messrs.

CHINA. OVERLAND TRADE RÉPORT.

1896-97

lbs. 3,471,087

Canton and Macao Shanghai and Haukow...14,207.317 Foochow

205

EXPORT OF TEA FROM CHINA TO GREAT Kiling. Tayganms.-About 150-bales have chang

BRITAIN.

ed hands. Yellow Silk.-Demand continues good- 1897-06 and the somewhat scanty arrivals are bought up lbs. at once at full prices. About 200 hales are report- 4,048,430 ed settled. Arrivals, as per Customs Returns 14,171,623 from 27th August to 2nd September are. 1,353 7,509,809 bales White, 625 picals Yellow, and 45 piculs Wild Silks. The export of Steam Filature to 25,729,871 date is as follows:-To London 2 bales, Continent

486 bales, and America 13: bales. Waste Silk With the exception of small lots of Frisonnents and Shantungs, at previous prices, there is nothing doing. Pongees. Only a small business doing, I quote 2õin. goods of 23ɔz at Tis. 3.

5,976,756

23,656,060

EXPORT OF TEA FROM CHINA TO UNITED STATES AND CANADA.

1895-96

lbs. 14,171,623

Shanghai Amoy

Foochow

EXPORT OF SILK FROM CHINA AND JAPAN TO EUROPE.

1896-97 lb.

6,731,966

6,998,012

5,908,381

1,131,222

1,608,212

13.88,200

21,683,210

Canton Shanghai

Yokohama..

ODESSA.

1896-97 lba.

1895-96 lbs.

26,706,212

EXPORT OF TEA FROM CHINA TO

EXPORT OF TEA FROM JAPAN TO UNITED STATES AND CANADA.

1896-97

Yokohama... Kobe

1896-97

1895-96

bales.

bales.

9,276

5,808

7,67

19,455

813

3,057

17,756

28,320

EXPORT OF SILK FROM CHINA AND JAPAN TO AMERICA.

The.

1895-96 lbs.

Canton

Shangbai

16,866,812

19,829,323 Yokobama....

8,333,901

11,130,509

25,200,703

30,959,831

SILK.

SHANGHAI, ich September.-(From Welch, Lewis & Co.'s circular).-Our last Shanghai and Hankow .....22,514,742 "printed Tea market advices were under date 21st ultimo. - London deliveries of China Congou for August were 2,400,00. lbs., against 2,800,000 lbs. for corresponding month in the previons year. Teas under Gd. a lb. are in good demand, but over 6d. a Ib there is little doing. The Intest

from Hank w reports moderate business on Russian account in Te is from 'lls. 7.10 for Oon una to Tls. 11.69 for Oaufis. The arrivals of 3rd crop Hankow Teas wero 4,715 Ealf-chests, against 43,151 half-chests to same date last year.

Total arrivals for the season were 911,000 half-chest, against 1,081,000 half- chests for the previous reason. Black Tea.—— The demand has been chiefly for Teas, for prices, say Tls. 11 to Tls. 13 a picul, which perhaps show a little adv..nce in Tael cest, but this is conr- pensated for by the lower exchange. Second crap Keemuns Lave also attracted attention.

Settlements reported are:- Ningchuw. 62 j-cht. at Tis. 12.50 to 1025 a pcl. Kecmnn...1,031 Hohow Kutoan 220 Wenchow. 138 Oonam...1,013 Oopack... 384

250

11.50 to 18.00

20

11

J

JU

"

13.00 to 13.50 12.75

14.00

FI

**

I 00 to 13.00

>

11.50 to 12,50

Total ...3;698 į-bests.

Strek-17,0 8 half-chests. Green Tei.-New Yo.k valuations of new crop Country Teas are unsatisfactory. London sales of Local Packs and Soeyoans slow 5 10 8 per cent loss.

season.

Pingueys. A fair business was done early in the fortnight under review, and Teamen tried to raise prices a little but latter'y demand has slackened and Teamen are willing sellers at formier rates. Prices of many settlement, look chi ap,

if any price can be called cheap for stuff which lacks every quality that is usually associated with a cup of Tea." The latest Native estimate puts the total yield at 140,000 10,000. half- chests against 185,0 0 -half-chiesta, last Country Teas.-" Choice "Moyunes are scarc and are wanted at very full prices, but for all other description ; our market has become very quiet and with accumulating stocks in Tenmen's hands a considerable decline in prices secus more than probable. Ts. 17 and 18 has been refused for common to medium Moyune descriptions, but if the offers were renewed business would be likely to result; even these prices would show no margin for profit on London or New York values. The total yield is estimated at about 190,000 half- chest, against 210,000 half-cheats list season. Local Pucks will probably full short of 15,000 half-chiests against 23, 00 hall-chests last seasor. Hysons of ull descriptions have been in strogn demand at very irregular prices, one parcel of choice Moyune fetching Taels 45 a picul.

Settlements reported since 21stAugust:-

CANTON, 9th Sept.-The 5th crop hatchings have progressed very favourably and a full yield is looked for. Tsatlees and Re-reels.-A purchase of 20 Bales Tratles No. 2 was made in the fortnight at $415. Re-reels are nominally un- changed with nothing doing. Filatures-Con. tinue in fairly active demand at unchanged prices. From prices paid we quote: $61.95 for Kwong Shun Cheong 11/13 and 13/15, $595 for Wing Wo Lan, Yee Wo Loong 9/11, $590 for Cheong Kee and Yu King Lan 9,11, $170 for Kwong Lun Fung 11/13. $550 for Kum King Cheong 13/15, $53 for Man Po Sing 14/16, $515 for Yee Wo Loong 16/20.

Business with America continues absolutely lifeless. Shortreels 14/16 and 14/18 of all kinds are extremely scarce and the winding of the existing lots generally un- satisfactory. Waste.-A fair demand has ruled. for Steam Waste, about 1,200 bales an 1 500 bales Pierced Cocoons have found buyers at subjoined quolations. Stock:-Tsatle», 1,000 bales; Fila- ture, 3,000 bales. We append quotations in with laying down cost in Loudon, Exchange 6 months sight 2/24 per Dollar:— Tsatieo

No. 1 $435

Cauton.

11

11

J

"

8/11 7/101

No. 2 $120

No. 3 $405

7/7

No. 4 $390

No. + $385

No. 5 $380

Filature 1st class 11/13...$600 to $590 1st 13/15...$600 to $590 2nd 9/11...$590 to $595 2nd 10/12...$585 to $580 2nd

13/15...$560 to $565 2nd, 10/12...$563 to $555 3rd 11/13 $195 to $175 3rd, 13/15..$49 to $475 Long-reels, Suilam......$370 Re-reeled Lacklow No. 1.$485

No. 2.$470 No. 3.$455 No. 4.$435 Mahang...No. 1.$435 Punjum Books No. 3 & 4.$ 70 Punjum Waste......$ 63 Steam Waste Extra

.$.90 ..$ 70 $ 52 .$.50 $ 60 Settlements for the fortnight:

1896-97. For Europe ... 1,800 bales For America 10 For Bombay

Market Extra No. 1 Gum Waste No. 2

Pingsuey...25,886 4-cht at Tls. 14.50 to 28.50 a pcl.. | Pierced Cocoons

Moyune 6,363

18.50 to 37.00

"

"

Tienkai 3,918

10.25 to 30.00

"J

2)

Fychow

683

13.50 to 17.50

13

11

Local P'ked 980

14.90 to 23.00

+9

Total...37,830 J-cuts.

1896 to 1897

Pingsucy

Moyune

Ticukai

Fychow

23,871 19,159 10,196

13

"

"

36,671 25,918 10,398

"

#

Local packed. 6,320

13 139

29

"1

1897 to 1896 40,08 1-chts. 126,522 §-chts.

Total......101,604 -clits. 212,643 J-chts.

**

170 [& 125 piculs.

Grant-reel.

7/34 7/2

1895-96.

*800 bales.

300

220 多 [& 100 piculs.

SHANGHAI, 3rd September.-From Mr. A. R. Burkill's circular).—Londón telegrams to 1st cur- rent quote Gold Kilinga 8/41, Blue Elephants 10,6.- Raw Silk. Only a small daily business doing at former quotations. Tsatlees.-250/300 bales are reported settled on a basis of Tls. 847 for Gold

1896-97

1395-96

bales.

bales.

547

4,044

304

2,744

557

4,328

1,403

11,116

CAMPHOR. }

HONGKONA, 9th September. The market is

are

slightly weaker. Quotations for Formosa $49.75 to $51.90. During the week sales have heen 200 piculs.

SUGAR.

HONGKONG, 9th September.-Under the in- fluence of a demand from Canton prices have improved a little. Following are the quotations:- Shokloong, No. 1. White...$7.23 to 7.27 per pel.

do.

2, White... 6.55 to 6.57 Shekloong, No. 1, Brown... 4.50 to 4.52

do.

2, Brown... 4.31 tọ 4.31 swafaw,

No. 1, White... 7.12 to 7.15 do.

2. White... 6.47 to 6.50

**

**

4.22

Swatow, No. 1, Brown... 441 to 4.44

do.

2. Brown... 4.20 to Soochow Sugar Candy ...... 11.00 to 11.2) Siekloong

19

9.40 to 9.42

MISCELLANEOUS EXPORTS.

"

22

**

32

The British ship Socotra, Hongkong to San Francisco 21st August, took:-9,808 baga Rice, 113 bales Gunnies, 517 bags Pepper, 795 bags Tap- ioca, 991 packages Rice Flour, 1,775 packages Tea, 303 cases Pino Apples, 1,009 cases Molasses, 318 bales Gambier, 300 packages Cassia, 65 packages Split Battan, 920 rolls Matting, 30 cases Palm Leaf Fans, and 10,817 packages Merchandise.

The steamer Glamorganshire, Hongkong to New York, 22nd August, took :-100 cases ('assia Bude, 119 cases Blackwoodware, 125 packages Fire Crackers, 2 15 rolls Matting, 28 cases Chinaware, 10 casks Ginger, and 1,49 ) packages Merchandise,

Tho steamer Senta, Hongkong to Havre, 22nd August, took :-70 cases Bristles and 2. cases. Feathers; for Havre option Hamburg.-250 cases Camphor, 21 cases Paper, 6 cases Blackwood- ware, 1 case Silk, and 80 bales Canes; for Havre option Hamburg option London.-637 cases Cam- phor and 40 cases Bristles; for Havre &for Hamburg &for London &/or Antwerp.-100 cases Bristles and 160 bales Feathers; for Hamburg- 373 bales Feathers, 98 cases Camphor, 57 cases Bristles. 50 biles Canes, 1 box Paper, 3 cases China Ink, 70 packages Fire Crackers, 1,000 bales Broken Cassia, 7 cases Bambooware, 18 cases Cassia Oil, 30 bales Rattan Shavings, and 7 packages Sundries; for Hamburg option London. -1 cases Bristles..

The steamer Adour, Hongkong to Marseilles, 27th August, took:-220 packages Tea, 14 pack. ages Canes, and 1 case Bristles; for Havre :-871 packages Tea, 215 packages Canes, 42 cases Bristles, and 150 rolls Matting; for London ;- 1 case Silk Piece Goods, and 70-rolls Matting.

The steamer Knight of St. John, Hongkong to Colombo, 31st August, took :-27 packages Sugar Candy, 33 rolls Matting, and 26 packages Mer- chandise; for Bombay 250 cases Cassia, 1,277 cases Fire Crackers, 324 cases Glass Bangles, 126

4531

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