August 12, 1897.]
CHINA OVERLAND TRADE REPORT.
A polo match between the Victoria Recrea-laying down costs are lower. Total Settlements tion Club and the West Yorkshire Regiment for the season are 110,000 boxes against 126,000 Stocks in native was played on 5th August in the regimen-bores at same date last season.
Scenting tal bathing pool. The game was very enjoy. hands are only some 25,000 boxes.
flower is again fairly abundant and of excellent able, the Club winning by seven goals to two.
A couple of Chinese excise officers entered quality. The market generally is exceedingly quiet, the news from London regarding the new an opium divan at 23, West Street on 5th
Teas being anything but reassuring. There is August and arrested a man on a charge of
no further business to report in Long leaf being in unlawful possession of opium. After
Pekoes, getting down the stairs of the house there was a row and the captured man succeeded in mak. ing his escape. The excise men gave chase and eventually collared a mau and charged him at the Police Court. They swore he was the person first arrested, but the master of the divan proved conclusively that the prisoner had never been into the divan and that the charge was a false one. The Magistrate dis- charged the prisoner and fined each of the ex. cise officers $25 for lying.
One of the Ping-on Company's steam-laun- ches, the Lee-fat, was we hear, seized, on the 7th August at Samshni by Boat-officer forrison and staff for having concealed a large quantity of silk piece goods on board. The Chinese on board first tried to bribe the Chinese watcher who went to board the vessel by filling his hands with silver, but he at once reported the matter, with the above result. The launch and goods are liable to be confiscated by Commissioner Hancock, but the launch was allowed to proceed next day under arrest of a European officer as far as Wuchow. This is one of the many launches running under official sanction with special pri- vileges to to only and which may not carry
cargo.
· MISCELLANEOUS.
From Tonkin papers we learn that the body of the chief engineer of the steamer St. Marnock has been found in the harbour at Kebao with numerous wounds on the head. It was unknown whether it was a case of murder or accident.
The Japanese Government, it is said, purpose levying a tax on beer made in Japan, in order to bring the price nearer to that of foreign beer, on which an import duty of 25 per cent. will be charged when the new tariff comes .into effect.
The steamer Yiksang, which has been repaired at the Mitsu Bishi Dockyard, Nagasaki, under- went her trial trip on the 3rd August. The trip was in every way successful, and the vessel left on the 4th. She was to call at Karatsu for coal, and then proceed to Shanghai.
A rather amusing incident is reported from Tokyo. A list for subscription towards the celebration of the Glorious Fourth having been sent to an Americau missionary, he replied indignantly in writing that he was a citizen of of the Kingdom of Heaven, and acknowledged - no sovereign but our Saviour. A day or two afterwards he had occasion to apply at the U.S. Legation for a passport for the interior, but the Secretary of Legation to whom the missionary's disclaimer had been sent, told him that as he had renounced his allegiance to the United States, that Legation could do nothing for him, and he must apply at the Legation of the Power whose citizen he professes himself to be. Further, if it turned out that that Power had no treaty with Japan, he was liable to be deported from Tokyo. As the missionary's wife insisted that she was not responsible for her husband's action, a passport was granted to her alone-N. C. Daily News,
-1.
4
· COMMERCIAL.
TEA,
SHANGHAI, 6th August.-From Messrs. Welch, Lewis & Co.'s Circular.-Our last "printed" Tea market advices were dated 22nd July. It is hoped that important results may ensue from the interest taken in the introduction of machinery for curing Tea by high Officials. Occasional sales of Keemuns showing handsome profits continue to be received from London and from New York, but the demand in both markets is sluggish, Black Tea. The demand has been good, though buyers are few in number; prices have advanced half a tael to one and a half tals a picul. Pur- States. The second crop is considerably larger chases are chiefly for shipment to the United than was reported by well informed Natives as possible.
Settlements reported are:-
Keemun
Kutoan...
676
636
19.00 to 22.50 16.00 to 16.50
11
*
+++
280
*
1
16 00 to 17.0
F
11
13.10 to 15.00 13.25 to 16.25
37
22
33
137
Total settlements from opening of the market
to date:-
4,760 8,087
Sett'ements. -hts. -chts.
Stock. -chits. j-chts.
1807. 31,455
1836.
1897. 1896.
19,215 48.403
12,063 8,797 8,346 15,428
6,187 8,556 4,810
30,280
2,331 1,922
29,392 65,755
Pingsney.. Moyune Tienkai Fychow Local packed. 7,567
Total... 62,032
SILK.
SHANGHAI, 6th August.-(From Messrs. A. R. Burkill & Sons' Circular).—London advices to 3rd current quote a firm market, Gold Kilin 8/10, Blue Elephants 9/6. Raw Silk. Very little busi- ness has been doing during the interval. The disorganization in Exchange continues, and the uncertainty as to when and where the fall in Silver will be arrested is paralyzing trade. T'satlees. About 300 bales have changed hands. To-day's quotation for Gol Kilin is fls. 422), and the market closes steady at that. Taysaams. -Some 100 bales have been settled at full prices. Yellow Silk-200 bales have found buyers at quotations; the market for this class of Silk is very firm.
Arrivals, as per Customs Returns,
Ningchow...5,743 -chts. at Tls. 14.10 to 27 00 a pcl. 29th July to 4th August: 2,81 bales White, 196 piculs Yellow and 28 piculs Wid Silks. Re-reels and Filatures.-250/30 bales, mostly X Reel Hand Filatures for America, have been settled at quotations. Holders of Extra X Reel chops are asking higher prices. The Export of Steam Fila- tures to date is as follows: to Continent 727 bales, to America 862 bales,
Wenchow Oonam .2,837 .1,551 Oopack
11,723 j-chts.
22
Green Teas. Reports on first arrivals of new crop Teas have been received from the chief markets in the United States and are not en- couraging as to probable results of shipments. We have not heard of any of the new Teas being "shut out." Pingsneys.-Our market has con tinued quiet, but Teamen are firm holders and want prices which buyers are unwilling to give. Many chops are almost colourless and are what the natives call "old cotton colour,” but they are pure and unmixed with spurious leaf. Country Tea.—— A large portion of the first packs of Moyune dis trict Teas are still detained in the Country on account of trouble with the Local authorities, who want to revive an old, tax of 10 cash a package, and to allow a tare of 8 calties instead of the usual 11 catties in weighing Teas for local imposts. The chops which have arrived have been taken as soon as musters could be shown; Tael prices have apparently been no object and in some cases are about 40 per cent. higher than the corresponding chops realised last year. The quality generally is disappointing: the Teas have none of the fullness of flavour which distinguisbed
Prices calculated by Maerte 's Tables at 11 per cent; Exchange 2/64; Freight Tls. 6.50 per
bale:-
Teatleer. Black Lion 4
Gold Kiling. Chay Kiling
Market Chop
Tls. Stig.
per per
pel. Ib.
470 10/4
422) 9,4
406 9/0
375
8/4
335 7,6
385
8/01
4
355
7/101
Double Butterfly 2
885
8/6
352 a 3571 7/10 a 7,11
2
▸
Meeyang Fooyung Szechong
Taysaam. - Green Kahing Gold Goose 1
by 12 Mess Green Stock 3.
"
17
Yellow Silk.-Mienches.
"
3171 a 350 7/1} a 7/0 315 a 350
Skeins.Green Monster Chop 1 Hand Filature.-Mayhenyu Croisee Ex.
No. 1, No. 2 Mayhenyn Flying Horse Croisee Ex. No. 1 Ave.. Woo San Dang Croisee
No 1, 2 & 3 Åre. Clough Chop Ordy. Keel
No. 1
Fau Chop No. 1.
Red Pagoda 3.
AMIR E
7/1 a 7/9
245 5/7
3021 8:1
565 12/43
546 11/11
565 12/41
512) 11/3
500
11/0 500 11/0
HONGKONG, 11th August.-The market has Formosa are nominally $17.25 to $47.50 Sales, been active and rather firmer. Quotations for 400 piculs.
SU AK
last season's yield, and in colour and style they are below average. Tienkais have been freely dealt that in quality they are not fulfilling the promise in at fully previous rates, and we regret to note of early chops. Fychows, though not so eagerly wanted as finer Teas, have met with fair attention at fully previous rates. Local Packs.-The s'cond chops are now coming to hand, and as they show the usual falling off in quality they do not meet with much attention. The Export figures call for a passing remark in that they indicate how com- pletely the market has been in the bands of buyers for the United States and Canada. It would be more bold than prudent o speculate on prospective short crops at this period of the season. Hysons.-The unsorted mixtures of Hyson, Imperial and No. 3 Gunpowder leaf, which buyers are taking eagerly as Hysons at fancy prics, do not appear to us to be good enough to satisfy the requirements of any known market. The greater Soochow Sugar Canly......10 97 to 11.00
part are intended for shipment to Batoum. About 1,000 half-chests Fychow Hyson have been taken by one buyer at Tls. 24} to Tls. 26. The parcels are unusually large. Hysons have been bought at Tls. 24 to Tls. 26) a picul, Sovinces at from Tls. 64 at Tls. 80.
Settlements reported are:-
J-chts. 12,170 at Tls. 24 to 34 a picul, [lines Tls. 43 a picul.
Pingsuey
CANTON, 10th August.-Congou Settlements during the past fortnight have totalled about 1,400 boxes at Tls. 9 to 19, tael prices being much the same as before. Owing to the poor reception the New Process" Teas from Foochow have met with in London, it is highly improbable that any further ventures in that line will go Tienkai forward from Macao. Common Bold leaf Teas have been dealt in to a moderate extent for the continent. Scente 1 Capers.-Settlements for the past two weeks amount to 14,00) boxes at Tls. 11 to 29, the majority of the purchases being f teas costing from Tls. 12 to 16 per picul. Tael prices are unaltered, bat owing to the drop in exchange,
Fychow
Moyune
4,611
2+
10,952
*
3,084
1,016
M
32,733 ).chts
Local packed
21 to 394.
[lines Tls. 39 to 52
194 to 40
>>
to 38
[lines Tis. 41 to 42.
17 to 27 [lines Tls. 27
201 to 29 [linea Tla. 23
31
to 38
HONGKONG. 11th August. There has been rather a better demand and prices have improved slightly. Qutations are:- shekhong, so, I, White...57.23 to 7.25 per pel"
2. White... 6.72 to 6.74 Shekloong, No. 1. Brown... 4.53 to 4.55
do.
do.
*
2, Brown..... 4.45 to 4.47 swator, No. 1, White..... 7 15 to 7.18
lo.
2. White... 6.67 to 6.70 Swatow, No. 1, Brown... 4.47 to 4.50
do.
2, Brown... 4.37 to 4.40
Stekloong
**
"
D
"
"
*
TANG
9.60 to 9.63
J
MISCELLANEOUS EXPORTS.
The steamer Argyll, sailed on the 28th July, For New York:-5,125 packages firecrackers, 500 boxes cassia, 100 cases gallants, 150 bales waste silk, 41 packages chinaware, 70 bales split bamboo, 10 cases bristles, 27 cases preserves, 30 cases earthenware and 438 packages mer. chandise.
The steamer Melbourne, sailed on the 4th August. For France :-501 bales raw silk, 4 cases silk piece goods, 2 cases effects, 21 cases chinaware, 375 packages tea, 11 packages hair. 35 packages canes, and 4 cases sundries. For Milan:-44 bales silk. For London :-19 bales silk.