440
The Talbot, cruiser, Captain F. G. Stopford, has been fitted with wireless telegraphy. Her departure for the China station was consequent. ly delayed for about a fortnight.
The Japanese cruisers Hashidate and Itsukushima, which have been on a visit to Bangkok, left that port for Hongkong on the 11th inst. They had a great reception at Bangkok.
It is with regret that we have to refer to the death of perhaps the oldest resident of this port, says the Foochow Echo in its issue of the 4th instant. Last week we laid to rest Mr. Robert Lowe, a much respected member of the Pagoda Community. He was originally a member of the Imperial Chinese Customs and came to Foochow in 1881 at the opening of the Service. Though, since his retirement, he was resident at Pagoda, he took the warmest interest in all matters of sport and pastime here. His memory will be kept green by his generosity to several of our institutions, to four of which he has left handsome legacies. A bequest to the Race Club takes the form of two cups, to be raced for at two meetings by griffins, locally owned, and if ridden by outsiders to carry a ten pounds penalty. The Native Hospital here and the Cemetery at Pagoda are to receive $2,000 and $1,000 respectively and the Recreation ground one-third share of the proceeds of the sale of his household property.
In the British Court, Bangkok, on the 26th ult., the trial of Mr. Michael Dempsey O'Leary, on a charge of criminal libel, was concluded. The alleged libel appeared in the Siam Free Press of the 13th ult., being contained in a leading article headed "Police Robbers and Rowdies. The special jury found the accused guilty, and the judge (Mr. J. Stewart Black)
THE HONGKONG WEEKLY PRESS AND
Captain Truppel, Imperial German Navy, the new Governor of Kisochan, and his family, left Genoa for Tsingtao by the German mail steamer on the 80th ult.
Bangkok papers report the death of Mr. R. J. Kirkpatrick, who until recently held the post of Legal Adviser to Siam. Two years ago he was invalided home.
According to a Customs notification published in Shanghai, Amoy has been declared to be infected with plague, and the usual sanitary re- gulations therefore are put into force for any | vessels arriving at Shanghai from Amoy.
COMMERCIAL.
SILK.
Silk a few contracts have been made, but the CANTON, 11th May.-Tsatlees.-In New Season's prices paid have not transpired. Re-reels.-No fresh settlements are reported, and prices have weakened a little. Filatures.-Only a moderate business has been done during the fortnight under review at somewhat irregular prices. Stocks are reduced and good lots of 6th orop command full prices. The first crop of the New Season is estimated at about 4,500 bales, and is said to be affected in quality by the continued rainfall.
EXPORT OF SILK FROM CHINA
JAPAN TO EUROPE.
Shanghai
Yokohama
Yokohama
AND
1900-1901 1899-00
bales.
bales. 53,002 67,638
58,002
67,638
1899-00
bales. 19,880
TO AMERICA.
1900-1901
bales..
10,047
10,047
19,860
-
åned him £25 sterling. His Honour said that EXPORT OF SILK FROM CHINA AND JAPAN he did not suppose that the Police were very anxions that the socused should suffer severely for the mistake he had made, and he was ready and willing to believe that the article, though Shanghai criminal and reprehensible in the highest degree, was inserted in the Siam Free Press without due thought and consideration. The Police, however, had rights, and those rights must be respected, but, taking into consideration what he had just stated, that possibly the statement was made carelessly and that possibly the acous- ed had no idea it would injure their rights, his Honour was willing to deal with him as lenient- ly as possible under the circumstances. Accus. ed would also pay the costs of the prosecution with regard to the plea of justification set up by him.
It is evident that Japan now feels the need of foreign capital to carry on the ordinary internal arrangements of the country, and however much they rejected it at first they have at last realised that without the in troduction of foreign capital the country would practically be at a standstill. Take the Okayama waterworks as a case in point. The Municipality of that prefecture had decided to raise abroad Yen 640,000 of the Yen 860,000
CAMPHOR.
HONGKONG, 23rd May.-No arrivals.
SUGAR. HONGKONG, 23rd May.-The position of the market is the same as when last reported.
Quotations are:---
Shekloong, No. 1, White... $8.87 to $8.90 pcl.
2, White.... Shekloong, No. 1, Brown
do.
8.00 to 8.05 5.86 to 5.90
"1
39
2. Brown No. 1, White.....
5.75 to
5.80
8.80 to
8.8%
#
1, White.. No. 1, Brown
7.95 to
7.98
»
22
5.80 to 5.75 to 5,80 .........18.40 to 18.45 .........12.80 to 12.85
5.85
#
#
"
**
RICE.
do. Swatow, do. swatow,
Foochow Sugar Candy. Shekloong
do.
11
2, Brown
continues, market being brisk,
HONGKONG, 23rd May-The upward tendency
Quotations aro:--- Saigon, Ordinary.
#
1
Bound, Good quality Long Siam, Field mill cleaned, No. 2
Garden,
No. 1
*
White...
#
Fine Cargo
#
1
..$2.50 to 2.55
8.40 to 8.45
8.52 to 8.55
2.65 to 2.58 8.35 to 8.60
8.75 to 3.80
4.05 to 4.10
MISCELLANEOUS EXPORTS.
for which city bonds were to be issued for the construction of the local waterworks. An American capitalist has offered to float the bonds. He provisionally agrees to take them at the price of Yen 95 per Yen 100 face value, with interest at the rate of 7 per cent, per annum, the principal to be redeemed in in- stalments in forty-seven years, commencing from 1903. But there is another in the field, and that is Mr. Eastlake of Tokyo. He has offered to take up the loan on even better terms, the price being Yen 96, with interest at the rate Per P. & O. steamer Canton, sailed on the 16th of 6 per cent. The term of redemption is the May. For London opt, Manchester:-80 bales same as that specified by the American. More waste silk. For London opt. Goole:-10) bales over, Mr. Eastlake is said to have offered to pierced cocoons, I bale waste silk. For London: sign the contract within 4') days from the 13th—2 cases cigars from Manila, 156 bales canes, inst, and hand over immediately 10 per cent. of the amount of the loan. Mr. Eastlake is also supported by an American capitalist whose name is given in the venacular papers as Mr. Theodore Gross, of Chicago. The Okayama City Office, in view of the better terms offered by Mr. Eastlake, has signed a provisional con- tract with that gentleman. It is understood that should the Municipality receive a better offer before the end of June they will be at liberty to cancel the American's contract. It is to be hoped the Municipality will not “ come to the ground between two stools,” states the Kobe Chronicle.
625 case fire crackers, 3 cases curios, 21-osses private effects, 9 cases arms. For Manchester:
-50 bales waste silk.
COTTON.
Hoxoxone, 23rd May ----Market continues very quite, only small parcels of superior description were taken up. Stock, about 8,000 balon.
Bombay,
17.00 to 18.00 picni Bengal (New), Rangoon, 18:00 to 19.75
and Decca, Shanghai and Japanese, 22.00 to 28.50 Tungebow and Ningpo,
Sale: 800 bálos.
...
22.00 to 23.00
M
YARN.
[May 25, 1901
Mr. P. Eduljes says in his Report, dated Hong- kong, 23rd May --Since the issue of last report the market has been quiet, and particularly so during the past week, a general disinclination on the part of buyers to continue operations is apparent; but with sellers anxious to ease their holdings, parcels here and there change hands whenever special inducement is offered. Prices per bale and have declined 50 cents to a dollar are weak at the close. Importers are eager sellers, but dealers are acting very cautiously and buying
only for immediate wants, as country orders are
small and based too low. Stocks held in the interior are said to be light, but on the other hand the quantity of manufactured cloth is heavy, with a poor enquiry from consuming centres.
There is no change to be noted in local Mill
at $864 are reported. quotations, and sales of about 250 bales No. 128.
Japanese Yarn.-Supplies still keep out and a trifling business in spot goods has been effected on the basis of $109 to $110 for Settsu No. 2's. In addition to the above contracts to the extent of about 500 bales have transpired, say No. 16s, Sakai at $100 and Kanegafuchi at $107, No. 208., Ashai at $100), Sakai at $107 and Kanegafuchi at $1081, all four to six weeks' delivery.
Raw Cotton.-The market has been quiet throughout and slightly weaker-Indian descrip- tions are difficult to move and only about 300 bales best machine-ginned Bengal have found buyers, at from $19 to $194, leaving a stock of | about 7,500 bales on the market which has been greatly relieved of about 3,000 bales recently exported to Japan. With the exception of 50 bales Thoongchow sold at $24, there has been nothing doing in China Cotton Stook,but about 400 bales. Quotations are Indian $16 to $21 and China $22 to $24.
Exchange on India closes to-day at Rs. 1472 for T/T and Rs. 1474 for Post. On Shanghai 721 and on Yokohama 3‡ pericent. premium.
The undernoted business in imported and local spinnings is reported from Shanghai during the short interval of six days, say from 4th to 10th instant, viz:-
Indian.-Total sales 1,080 bales, comprising 25 bales No. 68., 75 bales No. 12a., 525 bales No. 10s., 75 bale: No. 168., and 380 bales No. 208., prices showing a decline of one tail and market closing weak,
Japanese-Are in continued enquiry, the restricted supplies enabling holders to keep prices fairly steady. Total sales about 500 bales on the basis of Tis. 80 to Tis. 811 for No. 163., and Tls. 801 to Tis. 82 for No. 208., prides showing no change and market closing steady.,
Local-Total sales about 1,000 bales on the basis of Tls. 68 to 72 for No. 103., and Tls. 77 for No. 168., prices continuing unsteady and market closing weak.
COALS.
HONGKONG, 23rd May, — Market quiet-no
change.
Cardiff
Australian
.$25.00 ex ship nominal
...$13.00 ex godown, nominal
Yubari Lump...$11.00 ex godown, nominal Miiki Lump........$10. ex ship
Moji Lump
.$7.00 to $9,50 ex ship, steady Hongay double? 10.50 ex godown
screened
Hongay Lump...... 8.50 ex ship
6.50 Hongay Dust Briquettes .........14.50
#
#
· nomina
MISCELLANEOUS IMPORTS. Hoxoxone, 23rd May. --Among the sales re- ported during the week are the following:
Yarn and Pixer Goods.—Bombay Yarn:
1,350 bales No. 10 at $79-50 to $87, 800 bales No. 12 at 183 to $100, 490 bales No. 16. at 90s to 898, 1,000 balos No. 20 at $97:50 to $100. -Grey Shirtings: 250 pieces 10 lbs. Blus 5 man at §4′30, 250 pieces 10 ibu. Blue 5 man $4/80, 1,000 pieces 10 lbs. Red 5 man at 38-80. Merions: 275 piscaa 83 Silver Lion No. 3 at $205. › White Irishes: 250 pieces Gold Horno at $5/05.
METALS,———-2,000 bundles d x 6 Nail Rod Iron at $4′48), 1,000 piculs Bar Iron (round, fint, and square) at $4:48}, –,000 bundles 8task Wire (round). at $4/90, 840 picuis Land Antophon at 19:00. 1,080 picule Laad L.-B. at $8-73), 40 Hasks Quicksilver
$162.60.