170
It is understood that H.M.S. Brisk, after her trip to Penang, will sail for Malta, where ¦ the will pay off. The Brisk will be relieved by the Fearless, just commissioned.
Frank C. Meekin, the American deserter who became an insurgent officer and was after capture sentenced to be shot, has had his sentence commuted to one of twenty years' imprisonment. M. Guyat. French Vice-Consul at Shanghai, is appointed to Beyrouth, and wil be succeeded by Deslongchamps-Deville, son of the friend and collaborator of Alphand, to whom all the embellishments of Paris during the last twenty years are due.
!
The fact that the head of the murderer of: Baron von Ketteler was brought to Germany has given rise to some comment, as we have already recorded. Admiral von Tirpitz now explains that the head was brought from China for scientific purposes by a doctor, who proposes to present it to the Pathological Institute.
The first drill of the newly enrolled Straits Chinese Volunteer Company took place at Teluk Ayer, Singapore, on the 26th ult.. when all those who had been sworn in turned up and were put through the preliminaries of squad drill. A further large number of Chinese have sent in their names as candidates for enrolniont, but, as the number of the Company has to be limited for the present, it will be impossible to accept all the men.
on
F
;
THE HONGKONG WEEKLY PRESS AND
CAMPHOR.
iloNGKONO, 6th December.-No arrivals.
SUGAR.
HONGKONG, 6th December.-- Prices are advan- cing, market being brisk. Quotations are:-
88.75 to 88.80 pel.
7,85 to Shek loong, No. 1, White..
...
do.
2, White. Sheklong, No. 1, Brown
du.
2, Brown No. 1, White. Swatow, do.
1. White. No. 1, Brown 2. Brown Foochow Sugar Candy Shekloong,
Swatow,
do..
RICE.
7.00
5.55 to
5.60
3.45 to
5.60
8.65 to
8.70
7.75 to
7.80
5.40 to
15
5.47 pel. 5.30 5.23 to 12.75 to 12.80 10.70 to 10.75
HONGKONG 6th December. The upward temilency continues, market being dull. Quota- tions are:-
|
Sagon, Ordinary,
Round, Good quality Long Stam, Field mill cleaned, No. 2
J+
14
Garden, White
Fine Cargo
No. 1
$2.43 to 2.30 3.50 to 3,55 8.70 to 8.75 2.55 to 2.60 3:15 to 3.20- 3.70 to 3.75 4.95 to 4.00
MISCELLANEOUS EXPORTS. Per P & O. steamer Chusan, sailed on the 23rd November. For London opt. Glasgow :- 30 cases preserves. For Milan-10 bales raw silk. For Lyons:-453 bales raw silk. For London:- 335 m/boxes tea. 64 bales raw silk, 3 enses silks, 1 case cigars, 1 case screen. I case b'wood tea table, 5 cases empty iron flasks. 6 cases marine clothing. For Marseilles :- 30 bales raw silk, I case silks. 1 case feathers.
The Manila Times of the 3rd ulf. says: Although the report could not be confirmed yesterday, it is announced very good authority that another official interested in market prices for government departmental requirements will follow the example of the Insular Purchasing Agent, and go to place his orders for the necessary supplies of his depart- ment in Hongkong. It is claimed that a saving of from 75 per cent, up can thus be effected. These cases are entirely expérimental; but if they prove satisfactory there will, in all probaat bility, be a permanent arrangement maile for shipment of certain classes of supplies from Hongkong to these islands by government officials. This action on the part of the au- thorities will probably still further increase the dissatisfaction felt by the local merchants, who claim that the government should patronise those who so largely contribute to its support.
COTTON.
HONGKONG, 6th December.-A moderate business
steady rates. Stock, about 1,500 bales. Bombay,
29.00 to 22.50 pienls
21.00 to 23,00
27.00 to 28.00 128,50 to 29,00
Bengal (New), Rangoon, }
and Darra, Shanghai and Japanese, Tungchow and Ningpo,. Sale: 800 bales.
YARN.
Mr. P. Eduljee says in his Report, dated Hong- kong, 6th December.-Business has been much duller than might have been expected considering the season of the year, but demand is, no doubt, somewhat checked by the consideration of clea- rance before China New Year. The incessant de-
cline in exchange is also mainly responsible for this unusual depression. Except for a few trifling sales of favourite chops both spot and to a rive, the
market
At noon on the 23rd ult. there returned by the American mail from Hongkong the cricket champions of Shanghai. At the mast-head of the launch Victoria floated the flag of the Shanghai Cricket Club with that of the Hong- kong Cricket Club below it. Before the tender was made fast, the N.-C. Daily News records, three ringing cheers and a tiger were given by the large crowd on the pontoon and the lawn
appears to h at a complete standstill. adjoining, and the greetings of the vic ors by Importers, although anxious to push business to a their friends and admirers were hearty and reasonable extent, are not at all inclined to press prolonged. On the same night some sixty of sales in an uncertain and declining exchange, their friends entertained the team at dinner whilst dealers. still holding a fair quantity of yarn from their late heavy purchases can afford at the Shanghai Club. the vetoran cricketer
1. wait develo ments. Late values have been Mr. A. P. Wood being in the chair. Mr. Wood
maintained and the market closes quiet but firm. proposed the health of the winners, Mr. Far
The following extract from Messrs. Nuel Murray bridge, the captain, replying for cricket, Mr. White for tennis, and Mr. Launing for swim- & Co's, 1otton Yarn Report, dated Shanghai the ming, and with toast and song a very joyful th ultimo, may prove interesting to Bombay
Spinners: con- Our Shanghai evening was spent. temporary expresses its gladness that there is no foundation for the story of the im proper handling of the ball by Mr. V. Lanning when batting in Shanghai's чast inn- ings v. the Straits.
COMMERCIAL.
SILK.
CANTON, 23rd November:-Re-reels.-Values are nominal with nothing doing. Filatures.—A fairly good demand has ruled in all grades during the fortnight. Latterly, a marked increase of orders is apparent and the fall in Exchange facilitating execution, a considerable quantity of Silk has changed hands at prices varying accord- ing to crop. Holders are willing sellers of spot cargo, while on forward contracts concessions are not so readily obtainable. Short-reels. Earlier in the fortnight about 500 bales have been bought at weakening rates. Latterly, buyers have retired from the market. Waste has ruled extremely dull, and values have weakened without attract- ing buyers.
|
..
•The misfortunes that have beset the local in-
dustry almost from the commencement have reached the culminating point, with at least one of the Mills, which has been seized by its mortgagees and advertised for public sale on the 4th proximo Another is threatened, but it is hoped it may be saved by some process of re- construction. Meanwhile the surroundings are not at all favourable to these enterprises, and the difficulty they are contending against recalls very much what the pioneer Mills in India had to go through. The apparent impossibility to regulate the price of the Native raw staple is
the chief obstacle to success.”
Local Spinning :- A concession of about $2 per bale has resulted in th sale of 500 bales No. 108 at $91; of the Hougkon, S. W. and Dyeing Mills. Japanese Yarns are conspicuous by their absence: the current unavourable exchange pre- cluding the possibility of any importation in, the near future. There has been a small inquiry from Tonquin during the interval for favourite threads of No. 208.
Rawotton. New season Bengal is coming The quality of recent importa- forward in bulk. tions shows an improvement on the first ship- ments both in colour and cleanliness,
The
[December 7, 1901
market, however, has declined about 50 cents per picul, and about 600, bales superfine machine ginned are reported to have changed hands at from $23 to $211 leaving an unsold stock of abont 1,200 bales both old and now on the market. Chinese cotton is dull, the only business of the fortnight being a sale of 200 bales Tungchow at $282. Stock about 500 bales (small). Quotations are-Bengal, new $21 to $23, old $18 to 20, China $20 to $281.
Exchange on In lia after receding as low as Rs. 135 closes to-day at Rs. 1371 for TT and R3. 137 for Post, on Shanghai 73 and on Yokohama 10 per cent. premium.
The undernoted business in imported and local spinnings is reported from Shanghai during the fortnight ending 30th ultimo, viz. :---
Indian
-Total sales 3,100 bales comprising 25 hales No. 6s., 740 hales No. 108,, 55 bales No. 128., 450 bales No. 168., and 1,830 bales No. 208., prices showing an advance of half to one Tael and market el sing steady. The unsold stock was estimated at 45,000 bales with about 20,000 bales uncleared in the hands of Chinese dealers.
Japanese :-Total tales about 750 bales on the basis of Tla. 87 to 891 for No. 168., and Tls. 87 to 89 for No. 20s., prices showing an increase of one to two Taels and market closing strong. No. 168., were in more inquiry.
Local:-Market firm, the high prices demanded for Indian spinnings strengthening the Mills, and sales to the extent of about 3,000 bales were effected on the basis of Tis. 78 to 80 for No. 10s.,
11s. 80 to 81; for No. 128, Tis. 81 to 83 for No. 14s., and Tls, 84 to 85 for No. 168., market closing strong.
COALS.
HONGKONG, Uth December.-Large time con- tracts of Japanese are reported; terms private;
er kinds neglected.
Cardiff......$19.00 to 20,00, weak, ex ship, nominal Australian $21.60 to 12.50 ex godown, nominal Yubari Lump $12.00 to 12.50 ex godown,
nominal
Miiki Lump......$10.00 ex ship, nominal Moji Lump .$7.00 to $9.50 ex ship, quiet Hongay double 10.50 ex godown
screened
Hongay Lump...... 8.50 ex ship Hongay Dust Briquettes
6.00
16.00
"
MISCELLANEOUS IMPORTS.
nominal
HONGKONG, 6th December. Amongst the sales reported during the week are the following:-
**
Bombay-Nos. 10 to 20s.. English-Nos. 16 to 24,. 22 to 24,. 28 to 32,. 38 to 42. COTTON PIECE GOODS→→ Grey Shirtings-6 lbs. 7 lbs.
8.4 lbs.
9 to 10 lbs.
per bale
$74.00 to $114.00 .114.00 to 120.00 .120.00 to 128.00 136.00 to 142.00 155.00 to 170,00
per piece.
2.10
to 2.15
2.20
to 2.30
2.80
to 3.40
3.45
to 4.55 White Shirtings-54 to 56 rd. 2.35 to 2.60 58 to 60 3.05 to 4.00 64 to 66 Fine..
59
4.05 5.15
to 5.60
to 7.45
to 6.15
to 1.20
to 1.80
to 2.15
to 2.02}
to 3.20
to 3.40
to 6.80
Book-folds 4.15 Victoria Lawns-12 yards...... 0.73 T-Cloths-6lbs. (32 in.), Ord'y. 1.60
7lbs. (32,,
1.85 ); 6lbs. (32,, ), Mexs, 1.82 7lbs. (32,, ),
2.72 8 to 8.4 oz., (36 in.) 2,80
""
Drills, English--40 yds., 14 to ? 4.00
16 lbs. .........
}
FANCY COTTONS-
Turkey Red Shirtings-1 to 1.45
Brocades-Dyed
Chintzes-Assorted Velvets Black, 22 in. Velveteens-18 in.
8 lbs i
Handkerchiefs-Imitation Silk
WOOLENS-
to 3.50
[
to
per yard
to
0.22
to 0.50
0.21
to 0.28
per dozen
to
per yard Spanish Stripes-Sundry chops.0.62 to 1.70 Habit, Med., and Broad Cloths 1.25 to 3.00
per piece 6.35 to 8.10 6.45 to 8.20 12,00
11.00
Long Ells-Scarlet, 7-10 lbs.
Assorted.. Camlets-Assorted.. Lastings-30 yds., 31 inches Assorted Orleans-Plain
to 30.75
to 17.00
to