288
The King has been pleased to approve for M Minoil Arakawa as Congul-General of Japan at London.
The Tientsin Races are fixed for Tuesday, Wednesday, and Thursday, the 20th, 21st, and 22nd of May, with an off-day in the following Saturday if there be sufficient support.
Tobacco of excellent quality, says Mr. F. E. year, Taylor in his report on China's trade last is produced in China, and at one time it looked as though this was a promising`trade, 371,137 picals baving been exported in 1898; but fran- dulent packing has spoiled these prospects and the export has fallen off, although the export of 158.383 pionls was an improvement on the figures for the previous year.
The L. & C. Express has the following well- deserved tribute to the Captain of H.M.8 Aurora :-Tientsin has a specially warm corner for Captain Bayly, R.N., of the Aurora, now with his ship homeward bound. His methods at times were, perhaps, somewhat rough and | ready, as all who witnessed his interview with the Chinese director of the railway at Tientsin station in the early days of June will bear witness to; but he was full of bull-dog pluck and resourcefulness, and but for these character istics Tientsin might have been evacuated. when it is certain the horrors of 1900 would have been greatly added to. We share in the regret felt în Tientsin that he has received much less recognition than others who certainly had less onerous tasks to carry out.
COMMERCIAL.
SILK.
CANTON, 29th March:-Re-reels. -No settle- ments are reported. Filatures. Under the influence of falling Exchange, a very fair business has been done during the fortnight under review, about 1,800 bales having been bought for Europe, mostly in fine and medium sizes, Dollar prices have inclined towards weakness, but are more or less stationary at the close. Short-reels. The market has ruled quiet throughout the fortnight. Latterly, considerable concessions have been obtainable, which have induced some revival of demand.
Waste.-Business in Steam Waste continues very difficult, owing to the difference between buyers and sellers, and the comparative smallness of stock on offer Prices show much irregularity and are quoted very firm in the country, while some local holders on the other hand are inclined to make concessions.
CAMPHOR. HONGKONG, 11th April.-No arrivals,
*
SUGAR.
The prices are declin- Quotations are:-
HONGKONG, 11th April. ing, market, being weak. Shekloong, No. 1, White..
do.
2, White. Shekloong, No. 1, Brown
do.
2, Brown Swatow, No. 1, White...... Swatow, No. 1, White...
$8.20 to $9.25 pel.
7.26 to 7.30 6.95 to 6.00
»
J7
5.80 to 5.85 7.10 to 7.15 7.25 to 7.30 pel.
do.
1, Brown
5.85 to 5.90
"
>
do.
2, Brown
**
5.65 to 5.70 .12.85 to 12.90
JE
13
9.85 to 9.90
"
Foochow Sugar Candy. Shekloong
95
RICE. HONGKONG, 11th April.-The position of the market is nearly the same as when last reported. Quotations are:— Saigon, Ordinary.
ور
13
Round, Good quality Long
Biam, Field mill cleaned, No. 2
Garden,
#
White....
"
Fine Cargo
03
↓
.$2.65 to 2.70 3.75 to 3.80 4.10 to 4.15 2.80 to 2.85
No. 1
9.25 to 3.30
3.85 to 8.90 4.15 to 4.20
OPIUM.
HONGKONG, 11th April.-Malwa.—The demand for old drug continued. All the available good drug way taken up by dealers: New at $890 and Old at $950/80.
Bengal-Market continued quiet and prices re- ceded to $897) for High numbers and $890 for Low Fubse- numbers Patna and $89) for Benares. quently on account of the further drop in exchange, importers firmed up and prices, recovered as fol- lows:-
New Patna High Nos, at $902)
Low
895
32
22
895
Benares Market however closes quiet.
THE HONGKONG WEEKLY PRESS AND
|
|
Persian.-The Japanese Government have made further purchases at $575/60.
Patna.
Benares
Malwa
Persian
STOCK.
COTTON.
20.00 to 22.00 piculs Bengal (Now), Rangoon, }
22.00 to 23.50- and Dacca,
.. 28.00 to 29.00 Shanghai and Japanesej Tungchow and Ningpo, ...28.00 to 29.00 Sale: 600 bales,
HONGKONG, 11th April.-- A slightly better
Bombay, feeling prevails,
YARN.
Victoria Lawns-12 yards...... 0.75 T-Cloths--6lbs. (32 in.), Ord'y. 1.75 7lbs. (82,, ), 6lbs/(32
[April 12, 1902.
COTTON PIECE GOODS-
per piece.
Grey Shirtings-6 lbs.
2.10
to 2.20
3,1964 643
7 lbs.
2.25
to 2.50
8.4 lbs.
3.00
to 3.60
445 3,3211
9 to 10 lbs.
3.75
to 4.75
White Shirtings-54 to 56 rd. 2.45
to 2.75
58 to 60 3.20
to 4.20
"
64 to 68 4.30 Fino.
5.30 Book-folds 4.35
to 5.10
to 7.50
to 0.75
to 1.30
to -2.00
2.05
to 2.35
་་
"
), Mexs. 2.10
to 2.20
11
7lbs. (32,, ),
2.85
to 8.40
39
to 3.60
Drills, English-40 yds., 134 to
14 lbs.
4.10
to 6.86
FANCY COTTONS
Turkey Red Shirtings-14 to
1.60
to 3.85
5 lbs
Brocades-Dyed....
to
per yard
Chintzes-Assorted
0.08
to 0.20
Velvets-Black, 22 in. Velveteens-18 in.
0.24
to 0.50
0.22 to 0.30
per dozen
3.00
per yard
Mr. P. Eduljes says in his Report, dated Hong- kong, 11th April:- Despite the prevalence of the annual Grave Worshipping holidays, a brisk fort- night has been experienced and business has been varied and extensive at advancing ]rices, close upon 9,000 bales changing hands; the chief fea- ture being the revival in the demand for No. 108., which shows an appreciation of $1 to $2 per Shanghai is still in large evidence and all desirable tickets of No. 188. and 20s, continue to be taken up at an improvement of $1 and 3 respectively. No 128. are steady`at quotations and in special in- sta.nces may be called 50 cents to a dollar highe
bale.
Stocks continue to fall off and its present position appears to be giving dealers some concern, as beyond their late contract goods very little is coming forward for sale, and they must shortly find it necessary to place further orders.
Local Manufacture:-The local Mill continues very firm and their daily output meets with a ready sale. Demand for forward delivery is ken and sales of over 1,200 bales June-July delivery have transpired at $92 to $941 for No. 10s., and $96) for No. 128, prices showing an advance of $2 per bale.
It may interest the Bombay spinners to learn that since the issue of its last gloomy report, the Mills have been doing so well that the local Agents, Messrs. Jardine, Matheson & Co., are able to announce an interim dividend of 4 per cent., pay- able on the 17th instant.
Japanese Spinnings:-Nothing doing.
Raw Cotton: - The market for Indian descrip- tions has continued steady during the interval, especially for superfine machine ginned Bengal, owing to firmer markets from the other side, but for the ordinary run of stuff prices may be called 30 cents weaker. Exports to Japan have dwindled to about 500 bales. Sales during the interval aggregate close upon 1,300 bales at from $19} to $23, leaving an estimated unsold stock of about 9,000 bales on the market. There is nothing doing in Chinese Cotton. Quotations are Indian $17 to $24, and China $27 to $29.
Exchange on India has declined and closes weak to-day at Rs. 132 for T/T and 132) for Post. On Shanghai 731 and on Yokobama 15 per cent. premium.
The undernoted business in imported and local spinnings is reported from Shanghai during the week ended 29th ultimo, viz.:—
Indian-Market firm at steady unchanged prices. Total sales 2,530 bales, including 1,967 No. 108., 300 bales No. 12s., 650 bales No. 168.. and 213 bales No. 20s. Estimated unsold stock about 25,000.
Japanese-In less enquiry at previous prices. Total sales about, 700 bales on the basis of Tls. 851 to $911 for No. 168, and Tls. 89 to 93 for No. 208., market closing steady.
Local:-No enquiry from first hands; market unchanged.
MISCELLANEOUS IMPORTS. HONGKONG, 11th April.-Amongst the sales reported during the week are the following:
YARN AND PIECE Goods.—Bombay Yarn: 1,600 bales No. 10 at $87 to $95, 1,000 bales No. 12 at $92.50 to $98, 450 bales No. 16 at 198.50 to $110, 1,300 bales No. 20 at $108 to $120. White Shirt ings: 500 pieces No. 1,000 at $2.70, 500 pieces x 6 at $4.80, 500 pieces No. 1,000 at $2.67), 500 pieces Blue Ship 575 at $5.10, 500 pieces Green Goss at $3.30, 1,000 pieces Elephant and Tree at $6.42) Drills: 500 pieces Peacock at $4.70.
per bale .$80.00 to $121.00 | 114.00 to 120.00
Bombay--Nos. 10 to 20s...... English-Nos. 16 to 24,..
وو
.120.00 to 128.00
22 to 24,
28 to 32.. ......136.00 to 142.00
"
""
38 to 42,..
....155.00 to 170.00
DAMASKS-
8 to 8.4 oz., (36 in.) 8.10
Handkerchiefs-Imitation Silk 0.80 to
WOOLLENS
to 2.00 German
1.25 to 8.00 Habit, Med., and Broad Cloths 1.25 to 3.00
per piece 6.50 to 8.50 6.60 to 8.65
Spanish Stripes--Sundry chops.0.65
Long Ells-Scarlet, 7-10 lbs.
Assorted...
Camlets Assorted..
..12.00
Lastings-30 yds., 31 inches ? 12.00
Iron-Nail Rod
Square, FlatRound Bar(Eng. 4.60
to 32.00
to 16.00
Assorted i
Orleans-Plain
8.00
to 9.50 per pair
Blankets-8 to 12 lbs. METALS-
4.00
to 9.00
per picul
4.80 to
to
4.85 to
4.90 to
6.00
to
8.20
to
to
..35.50
to 36.50
to 8.40 to
per picul
Swedish Bar
Small Round Rod
Hoop to 11/2 in.,
Wire, 16/25,
Old Wire Rope Pig Non...
Lead, I.. B. & Co. and Hole Chop 8.50
Australian
METALS-
Yellow M'tal-Muntz 14.20 oz.41.00 to Vivian's 14/20 oz. 41.00 to Elliot's
to 63.00 to
14/20 oz. 41.00
Composition Nails... Japan Copper, Slabs..... Tin.
Tin-Plates
Steel & to £ SUNDRIES
Quicksilver
Window Glass
Kerosene Oil......
TONNAGE.
.39.00 to
.74.00
8.30
to
per box.
to
per cwt, case 5.90 to
per picul 174.50 to
to
per box. 6.00 per 10-gal. case
2.10 to
HONGKONG, 11th April.-There has been a bet- ter demand for tonnage during the past fortnight and freights have slightly improved. From Sai- gon to Hongkong, tonnage is wanted at 13 to 14 cents per picul: to the Philippines, small carriers of 20,000 picnls command 29 cents for 30,000 picule 27 cents; to Java, the rate is nominally 24 cents per picul. Bangkok to Hongkong, there is From no demand outside the regular liners. Newchwang to Canton, no fixtures are reported, the rate being weak, at 25 cents; to Amoy and Swałow, 23 cents and 25 cents per picul respec- tively has been accepted. Coal freights are firm from Japan to Hongkong, at $1.85 per ton and to Singapore, $2.80 per ton. The following are the settlements:--
:
Lochtrool-British barque, 1,367 tons, Hong- kong to Baltimore, private terms.
Kriemhild-German barque, 807 tons, hence to` Callao, £1,300 in full.
Benlarig-British steamer, 1,453 tons, Moji to Hongkong, $1.80 per ton.
Taemis-Norwegian steamer, 1,208 tons, New- chwang to Swatow, 25 cents per picul.
Lena-Norwegian steamer, Newchwang to Amoy (20,000 piculs), 23 cents for picul.