May 12, 1897.1

OHINA-OVERLAND TRADE REPORT.

STATES AND CANADA:

1896-97 lbs. Yokohama.................. 27,567,053 15,102,435

Kobe

To-day's stocks are estimated as under:-

New Patna. .........................

· 1895-90

Old Patnu

:

-lbs. 29,811,760 18,826,303.

New Benares

Malwa

Persian

42,669,488

48,638,063

SILK...

381

..1,550 chesta.

860

270

COURSE OF THE HONGKONG Opium MARKET.

PATNA.

BENARES.

-MALWAR

DATE.

New. Old. New. Old. New. ola.

1897.

$

$

670

720

680

760

820

665

720

6771

760

820

660

717} 670

760

820

600

720 670

760 820

8571

820

6671

760 820

657) 7221

667)

760

820

RICE.

May 8 May 7 May 8 May 9 May 10

In my opinion, it pays a lawyer to be honest, | EXPORT OF TEA FROM JAPAN TO UNITED saysThe Moralist" in the Straits Times. am quite aware that, in this matter as in many others, I am singular in my views; but my views are strengthened by a little incident which one of my Chinese friends recounted to me the other day. He wanted to bring an action against somebody about something, and, in the usual trustful Chinese fashion, he took his story to two separate lawyers. In the first instance, the treatment he received from each was precisely similar. Each listened to the story, and each said that he would like to see ten dollars before proceeding to give an opinion. Each got the ten dollars, and each gave the opinion. Lawyer A said: "Certainly, you have a good ground of action. Pay a hundred dollars down, and I will issue a writ." Lawyer B said: "You have not any ground of action, but you can bring an action if you like. You will lose it, but that does not matter to me so long as you pay a hundred dollars down before issuing the writ." The writ was not issued; but my Chinese friend has conceived a higher admira- tion for Lawyer B than for Lawyer A, and he has narrated the story to a wide circle of friends. The Chinese habit of obtaining the opinion of two different lawyers is certainly ingenious, but I think, perhaps, that my Chinese friends carry it too far when they bring the same practice in the realms of medicine. There is one young Chinese gentleman, for whom I have a high esteem, who was feeling pretty ill some time ago, and, in the short space of one week, he consulted no less than eight Orang Puteh doctors. To some extent, also, he tested their different medicines; but, finally, he made a bargain with a medical man of his own great nation upon the admirable principle that the Chinese medical man was to be paid fifty dollars if the patient were cured, and nothing if he were not eured. To the credit of the Mongolian race, I should add that my young Chinese friend ad- mitted that he was cured, and paid up the fifty EXPORT OF SILK FROM CHINA AND JAPAN dollars like a man.

SHANGHAI, 11th May.-(From Messrs. A. R. Burkillss & Sons' Circular).-London advices to 6th current quote Gold Kilings 8/7, Blue Ele- phants 9/103, market dull. Raw Silk.-Business has been almost at a standstill this week past, and settlements are on a very small scale. Teat- lees.The only quotation we can give is Tls. 347) for Chuntah Chayling, the same tael price as a fortnight ago, but exchange has fallen 2 per | May 11 cent in (the interval. Hangchows, Taysnams, Yellow Silks.We hear of no transactions. Ar rivals, as per Customs Returns, 22th April lo 5th May: 340 bales White, 3 picals Yellow, and 338 piculs Wild Silks. Re-reels atd Filature.- About 100 bales hand_filatures have been settled at 'quotations. The Export of Steam Filatures to date is: to London 28 bales, to Continent 4,006 bales, and to America 3,484 bales. Wild Silk.--- We quote Szechuen Tussah at Tls, 169. Waste Silk. About 400 pieuls Long Shantungs have been bought at Tls. 19, and some Hangchow Gum Waste at Tls. 75.

· COMMERCIAL.

TEA.

CANTON, 4th May.-Macao Congous.-On fur. ther acquaintance the quality of the New Crop shows some slight improvement over last Season's in flavour and outtura, but the teas are very thin in cup, are broken in leaf, and generally are of very poor appearance. Prices have ranged from Tis. 11 to 19. The first crop will be undoubtedly a light one, owing to d⋅y weather and cool nights: rates for green loaf in the country have been well maintained, owing to the strong demand for native consumption, and are likely to continue firm. For Australia a very small business has been passing. For the Continent, there does not appear to be much enquiry for common bold leaf toas. Independently of "contract" loaf, the Macno market may be said to be bare of stocks. Scented Teas.—A few bales of Caper "leaf" have arrived, but as usual no musters have been shown, the small quantity of scenting flower yet on band, being eagerly purchased for native use.

EXPORT OF SILK FROM CHINA AND JAPAN TO EUROPE.

Canton Shanghai Yokohama.

Canton Shanghai Yokohama

HONGKONG, 11th May.-The market continues active and prices are still advancing. Quota- tions are:-

Saigon, Ordinary

J

Round, good quality Long..

Siam, Field, mill cleaned, No.2

*

Garden, White

"

Fine Cargo

COALS.

$2.42 to 2.45

2.57 to 2.60

2.67 to 2.70

3.50 to 2.53

No. 1 ... 2.78 to 2.80

3:38 to 3.36

(2.41 to 2.45

HONGKONG, 11th May.-Market quiot; small

1896-97

1895-98

business done.

bales.

bales

Carliti

24,069

17,618

- Australian-

*55,062

54,349

Miike Lump.....

19,972-

20,531

99,703

92,548

TO AMERICA, 1896-97

bales.

4,779 8,814 ..20,978

34,571

CAMPHOR

HONGKONG. 11th May.-Prices are firmer. Quotations for Formosa are $43.65 to $46.50, Sales, 150 piculs.

SUGAR. HONGKONG, 11th May.-A dull reported and prices are declining.

are:

11

I

1995-90

47,105

a shade

pominally

Miike Small...

Quotations are:-

$18.00 to 19.00.ex godown, sellers

6.75 to 8.00 ex ahip.

to 7.75 ex ship, sales

-

to

www.

none offering

Moji Luiup 6.50 to 7.50 ex ship, sales

MISCELLANEOUS IMPORTS. HONGKONG, 11th May-Amongst the sales re- ported are the following:-

YARN AND PIECE GOODS:-Bombay Yarn,-30- bales. pieces No. 6 at $78, 55 bales No. 8 at $82 to $83, 9,377 715 bales No. 10 at $83 to $91, 280 bales No 12 10,069

nt $88.50 to $91, 100 bales No. 16 at $19.50 to 27,659 $101, 705 båles No. 20 at $89.50 to $102, Grey Shirtings.-300 pieces 8 lbs. Blue Joss Bat $2.97), 500 pieces 10 lbs. Red 5 Men at $3,321, 400 pieces 7 ĺbs. Blue Lion at $1.95, 250 pieces 10 lbs. Blue Triangle at $3 771, 600 pieces 81 lbs. Blue Peach at $2.90. White Shirtings.-500 pieces S. Q. at 4,35, 1,285 pieces Flower at 4.8, 570 pieces Blue Dragon at $5.10, 250 pieces Gold Dragon at 5.35, 1,500 pieces Blne Lion at $5.82), 1,000 pieces Gold Tiger at $6, 750 piecos X. 7 at $3.85, 1,000 pieces O. at $4,371, 500 pieces Red Dragon 48 Reed at $2 20, 250 pieces Stag Horn 48 Reed at $2.25, 500 pieces No. 1 at $3.10, 500 pieces 300 at $3.55, 1,000 pieces Gold Goose at $4.25, 750 pieces X. 9 at 4.471, 1,500 pieces D: 70 at $8.60. T-Cloths-12.45 piecòs 7 lbs. Merican Red Stag at $2,35 to $2,371, 900 pieces 8 lbs.. Mexican Red Stag at $2,70, 3,000 pieces 8 lbs. V. V. at $2.95, 2,400 pieces 8 lbs. X. X. at $3,300 prices 8 lbs. Red Moor at $2,85, 960 pieces 8 lbs. Mexican Gold Dragon at $2.65,300 pieces 8 lbs. Gold Pheasant at $2,20, 375 pieces 7 lbs. Gold Pheasant at $1.95, 750 pieces 7 lbs. Blue Dragon B. nt $2,07), 750 pieces 7 lbs. Blue Dragon B. B. at $2,27), 300 pieces 8 lbs. Hunter and Stag C. C. at $3.10, 750 pieces 8 1ba, Mexican Gold Dragon at $2,274, 600 pieces 8 lbs. Red Moon at $2.85 Long Ells-500 piecos 9 lbs. 5 Cocks at $7,05. COTTON YARN.

*

3

n

market is Quotations Shekloong, No. 1. White...$722 to 7.25 per pel.

do.

2, White... 667 to 6.70 Shekloong, No. 1, Brown..., 4·12 to 4.44 2, Brown... 4.28 to 4.30 Swatow, No. 1, White... 7.15 to 7.17

io.

2, White... 6.50 to 6.52 Swatow, No. 1, Brown... 4.32 to 4.35

do.

2, Brown... 4.21 to 4.25 Soochow Sugar Candy......10.05 to 11.10 9.47 to 9.50

do.

EXPORT OF TEA FROM CILINA TO GREAT | Shekloong

་་་་་་...

BRITAIN.

1896-97

lbs.

Canton and Macao

..38,772,808

Shanghai and Hankow...18,410,813 Foochow

.13,749,506

69,032,627

1895-96

lbs.

·

MISCELLANEOUS EXPORTS, 42,138,250 The steamer Vindobona, sailed on the 7th 21,317,405

May. For Europe:-500 bales and 650 boxeS 14,678,079

cassia lignea, 1 lox chinaware, 11. boxes essen- tial oil, 50 bales galangal, box cigars. 64 bales 78,131,728

matting, 145 bales rattans, 8 boxes fans and 8 boxes dried ginger.

EXPORT OF TEA FROM CHINA TO UNITED STATES AND CANADA.

OPIUM.

HONGKONG, 11th May.-Bengal. The market for this description of opium continues steady. Closing rates are as follows :-New Patna $657}, Old Patna 8722), New Benares $667).

Malwa,-Prices continue steady. The latest quotations are as follow :—

Shanghai

Toochow

1896-97 1895-96

lbs.

lbs. .19,809,591 29,094,771 17,971,624 Amoy........................ 19,863,341

.11,716,764 19,199,184

51,388,696 69,265,579

Ola (2/4

EXPORT OF TEA FROM CHINA TO

ODESSA.

1896-97

lbs.

1895-98 lbs.

New (thisyr's) $760 ́ with all'ance of 5 catties

(last yr's) $780

to 34 0 to

33

) $800 ) $820

"

>

0

دو

"

0 to 21 .. (5/7 Persian.-A good amount of transactions have been carried on in this drag, prices remaining steady at the close. Closing rates are for Oily 48hanghai and Hankow ...22 949,123 27,240,863 | $500/620 and $500/610 for Paper-wrapped:

Bombay-Nos, 10 to 20 English-Nos. 16 to 24 22 to 24 28 to 32 38 to 42 PICOE GOODS.

"

23

COTTON,

Grey Shirtings-6lbs.

per bale ......$78:00 to 110.00 .....110.00 to 117.00 ......115.00 to 120.00

......120.00 to 127.00 .183.00 to 140.00

71b8. **........

8.4 lbs. ...... 9 to 10 lbs

per piece 1.55 to 1.65 1.95 to 2.12) 2.274.to 3:05 3.10 to 8,95 2.40

White Shirtings--54 to 56 rd. 2.20 to

68 to 60 2,55 to 3.15

**

64 to 66 3.10 to 8,60°. Fine 9.95 to 6.95

Book-folds. 8.20 to 5:40A50

Victoria Lawns—12 yards

...

0.63 to 1.30

T-Oloths-6lbs. (82 in.), Ord’v. 1.45 to 1.60

1.821 to 7lbs. (82 ́,, ), 6lbs. (32',, ), Mexs. 1.65 to: Tiba, (32 },

2.10

1:80 2.10 to 2.55 8:15

8 to 84lbs. (86 in.) 2.80 to

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