November 12, 1898,]
COMMERCIAL.
'TEA.
CHINA OVERLAND TRADE REPORT.
405
EXPORT OF TEA FROM CHINA TO ODESSA | curios, 26 cases cigars, 420 cases cassia, 379
SILK.
1898-99
lbs.
1897-98
Ibs.
SHANGHAI, 5th Noveinber.-(From Messrs. Shanghai and Hánkow.....' 22,676,902 19,376,665 Welch, Lewis & Co.'s Circular.)-Our last "printed "Ten advices were under date 24th ultimo, Black Tea.-There is no change to re- port either in the volume of business done or in the values obtained.
Settlements reported are:- Ningchow...2,468 -chts. at Tls. 15 to 22 a pcl. if dealers were to give way somewhat. Filatures
Hohow Wenchow 849 Oonam.
236
21
15
**
11
405
"
**
161
10 to 16 14 to 19
11
3,458 -chests. Stock, 4,248 -chests, against 11,545 half-chests at same date last year.
Green Tea.-Pingsuey.-Further purchases and shipments on native account are reported at about the previous scale of prices. Country.- As was to be anticipated the comparatively en- couraging advices from London in contradistino- tion to the gloomy telegrams from the United States have had their effect on the destination of many of the settlements, and. London export figures have run up rather rapidly. The growing conviction that the 10 cents duty in the United States will not be removed this season is giving more hope of an early improvement in the markets there, and the bulk of latest settlements will probably be shipped to American ports. There is a daily business passing without much anima. tion, and barely of sufficient size to keep up prices. In some cases offers which were refused a fort- night ago have been accepted, but any lower offers are generally refused." Suppli ́s are draw. ing towards a close. Hysons.-The market has been quiet, but Tenmen are not forcing their holdings.
Settlements reported are:-
-chts.
...
Pingsuey 3,901 at Tls. 21 to 27 apicul. Moyune......10,450
Tienkai
21
7,105
Fychow.... 557 Local packed 635
18 to 251
"
184 to 33
F
164 to 18 20
""
J
24,649 1-chts.
Total settlements from opening of the market
to date:-
Pingsuey
CANTON, 28th October,-Tsatlees and Re-reels. -Business has been checked by the advance of exchange. Re-reels have been in fair demand and we think that a good business could be done -Remained almost neglected during the fort night, with t'e exception of good and best chops finest and fine sizes, but owing to firmness of holders and the advance of exchange transactions remained very limited. From prices paid we quote: $805 for Kwong Shun Cheong 11/13, $790 for Wing Wo Lun and Wing King Lun 9/11, »775 for Kum King Lun 9/11 $770 for Kwong Wo Tai 11/18, and Kwong Shun Tai 10/12, $765 for Kwong Lun Fung 11/13, $725 for Kwong Lun Fung 14/16 8. R.. $705 for Wing Wo Loong 13/15. $693 for Chun Sun Hang 16/20, $675/640 for Yee Wo Lun and Loong Kee 11/13 and 13/15, $650 for Yee Wo Cheong 18/22. Short-reels-For America have been in little enquiry. Wnate-A shadow weaker, with little demand.
SHANGHAI, 5th November.-(From Messrs. A R. Burkill & Sons' Circular).The tone of the home markets is firm, and quotations are un- chianged. Raw Silk.-The market is very quiet and holders, whilst not anxious to sell, are readier to meet buyer's ideas. Yellow Silk.-Settle- ments are about 125 bal-s, price on the whole steady. Arrivals, as per Customs Returns, Octo- ber 29th to November 4th, are: 1,101 bales White, 805 bales Yellow, and 76 bales Wild Silks. Re-reel and Filatures.-Nothing doing The Export of Steam Filatures to date is: 1,371 bales
to the Continent, 862 bales to America, and 39 bales to England. Wild Silks.Market very quiet. Waste Silks.-Settlements are on a very small scale, and only include:
picals
at Tls.
100 Tussah Waste 60 p c. No. I, 40 p. c. No. II...... 24
60 Shantung Waste..
201
Prices calculated by Maerten's Tables at 11 per cent. Exchange 2/9); Freight Tls. 7.80 per bale.
Tis. Stig per pal per lb. Taysaam.—9 by 12 Moss, Double Butterfly 1 ... 407 910
Green Stork 2
407 9/10 .307 3371 7/6 a 8/24 .265 a 827) 6/6) = 8/0
205 7/21 .262) a 267} 6/6 a 6/7)
EXPORT OF SILK FROM CHIN
1898-99.
-chts.
Settlements. Stock. +-chts.
Yellow Silk-Meoyang
#t
35,757
15,038
#
Fooyung. Kopun Wongchow
Moyune
59,180
Tienkai
53,859
38,348
Fychow..
******* 13,814
Local packed
13,781
2,681
Total.. ...176,391
56,970
1897-98.
Shanghai
Canton
Yokohama..
Settlements. Stock.
|
cases and 220 casks preserves, 30 bales Ipierced cocoons, 2 bales hemp, 50 bales feathers, 13 bags ore, and 16 packages sundries. For Lon don and/or Manchester-275 bales waste silk. For London and/or Hamburg and/or Ant- werp-8 cases cassia. For Manchester:-200 bales waste silk, 19 cases cigars, and 1 package yarn. For Liverpool :-Fcase effects, 10 cases cigars, 23 cases cotton thread, and 2.949 bales hemp. For Glasgow:-3 cases furniture. For Dundee :-75 cases ginger, For Hamburg-4 cases shells. For Antwerp:-10 cases bristles. For New York:-20 cases essential oil.
Per Amer, ship, Josephus, sailed on the 31st October. From Hongkong for New York 10,800 rolls matting. 3,245 -chests tea, 2,815 boxes satin plam leaf fans, 1,500 boxes common plam leaf fans,1,250 packages firecrackers, 1,000 bales and 80 boxes cassia broken, 500 bales and 300 boxes cassia lignes, and 42 boxes bamboo fans.
Per steamer Sydney, sailed on the 5th November. For France:-404 bales raw silk, 20 cases silk, 35 cases essential oil, 9 cases effects, 2 cases flowers, 23 cases Chinaware, 25 cases staraniseed, 1 case China ink, and 50 bales waste silk. For London :-50 bales raw silk, and 2 cases silk piece goods.
Per Germen steamer Sachsen, sailed on the 9th November. For Singapore:-2,800 bags flour. For Colombo:--3 cases merchandise. For Smyrna :-10 cases essential oil. For Tri- poli:-70 cases cassia. For Genoa-225 bales raw silk, 101 bales waste silk, 50 packages tea, 18 bales pierced cocoons, 15 cases essential oil, 1 case sundries, 1 cask rum, and I roll matting. For Barcelona:-133 bales canes. For Ant- werp:-250 packages tea, 65 rolls matting, 65 bales rattancores, 14 cases merchandise, 12 cases Chinaware, 10 cases bristles, 2 cases cigars, and 1 case silks. For Antwerp and/or Hamburg :- 50 bales feathers. For Amsterdam: 20 cases Chinaware. For Rotterdam:-8 cases cigars. For Bremen:-54 rolls matting, 9 packages tea, 7 cases cigars, 7 cases merchandise, and 6 boxes ginger. For Hamburg :-50 boxes staraniseed, 13 cases merchandise, and 1 bale feathers. For London:-100 bales waste silk, and 10 cases essential oil.
OPIUM.
HONGKONG, 11th November-Bengal-There was a spurt in prices early in the interval, when New Patua and New Benares were dealt in at $810, but latterly a decline has set in, rates closing. nominally at $800 for both descriptions.
aro
Malwa.-There has been very little business done during the past week, and rates practically unchanged. Current quotations are as under :- New
AND
JAPAN TO EUROPE.
1898-99
bales.
1897-9. bales
31,493
29,216
15,515
8,777
j.chte. J-chte.
Pingauey
32,951
55,785
18,032 9,288
51,536
Moyune....................、
68,712
Tienkai....
78,341
15,498
Fychow.....
21,570
EXPORT OF SILK FROM CHINA AND JAPAN
Local packed
16,727
1,009
TO AMERICA.
1898-99
49,46,1
bales.
EXPORT OF TEA FROM CHINA TO UNITED
Shanghai
Yokohama
2.744
Canton............................................................... .5,949
1897-98 bales. 5,304 6,581
1
(4/6 (7/8
"
7,614
13,008
16,307
21,891
1898-99 lbs.
1897.98 lts. 11,611,617
CAMPHOR.
.................................. 11,686,074
Total......280,475
KINGDOM AND CONTINENT,
Hankow and Shanghai...10,500,807
Foochow
******
Amoy............................................. 524,811
Canton
3,952,159
11,653,951 HONGKONG, 11th November.-The market is 594,759 less active and prices have declined. Quotations 4,919,452 for Formosa are $47.50 to $18.00. Šales, 300
picule.
26,613,845 28,779,782
EXPORT OF TEA FROM CHINA TO UNITED STATES AND CANADA.
SUGAR.
HONGKONG, 11th November.-The market has been quieter and prices have given way. Quota- tions are:-
.$750 with allowance to 1 catty Old (2/3 yrs.) $780
to 21: to 31
→
19.
$820 $8 19
0 t>8 Persian. A fair amount of business has been transacted in this drug during the interval, and prices close at 640 to $710 for Paper wrapped, and at $550 to $630 for Oily.
To-day's stocks are estimated as under :-- New Patna. varakau
New Benares
Old Benares..
Malwa
Persian
1,501 chests
239
27
480
745
COURSE OF THE HONGKONG OPIUM Market.
PATNA:
BEWARES..
MALWA.
Shanghai..
Amoy
Foochow
EXPORT OF TEA FROM JAPAN TO UNITED. STATES AND CANADA.
1898-99 1897-98 Shekloong, No. 1, White...$7.80 to 7.83 per pel.
lbs.
lbs.
do.
?, White... 7.45 to 7.50 10,894,808 16,287,615 Shekloong, No. 1. Brown,.. 5.10 to 5.15
7,549,648 10,729,432 do.
2, Brown... 5.00 to 5.05 5,876,852 6,771,076 | Swatow, No. 1, White... 7.60 to 7.65
do.
1, White... 7.85 to 7.40 24,321,303 23,788,123 8watow, No. 1, Brown... 4.85 to 4.00
do.
2, Brown... 4.80 to 4.85 Foochow Sugar Cundy ..............11.60 to 11.65 Shekloong
10.00 to 10.05
DATE.
New. oid. Now, Old.. Now.
Old.
15
1898.
$
12
*
Nov. 5
795
795
750
"
Nov. 8 800
800
750
*
Nov. 7
810
810
750
Nov. 8 810
810
750
**
Nov. 9 810
805
760
11
•
Nov. 10 805
805
-750
180/820/840
Nov. 11
800
805
750
Yokohama
Kobe
1898-99 lbs. 21,035,716 12,156,816
1897-98 lbs.
MISCELLANEOUS EXPORTS. 23,851,939 Per steamer Ulysses, sailed on the 1st 14,322,202 November. For London :-6,887 packages tea, 40 cases essential oil, 386 cases shells, 50 casos 83,202,532 27,673,161 | Chinaware, 21 cases blackwoodware, 2 cases
HONGKONG, 11th November.-Moderate business as steady rates. Stock, about 8,200 bales.
15.00 to 15.25 picul.
Bombay Kurrachee
COTTON.
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