164
COMMERCIAL.
BILK.
CANTON, 12th February:-Re-reels.-In the absence of stock, subjoined quotations are nominal. Filatures. - Since our last, the Chinese New Year holidays have intervened. With the re-opening of the market the active enquiry previously ruling entirely disappeared, buyers being willing to talk business only on a consider ably lower basis. Our quotations show a marked decline during the fortnight and, at the lower levél, offers are beginning to attract more at- tention, although actual business done so far has been very moderate. Petit 1 er Crdre 9/11 has been sold down to $1,080, Cheong Kee 9/11 at $1,070, Heen Kee 18/15 at $1,010 and Yee Lun Cheong 18/22 at $927). Stocks of Best 3e Ordre are very small, with no buyers. Our quotations Short-reels.-The for this grade are nominal. market re-opened with an active enquiry for refusals of good grade_14/18 for America, and a fair amount was placed on forward contract on the basis of $1,055 for Hau King Lon, $1,045 for Kwong Wo Hing (200 bales), $1,010 for Heen Kee, 1990 for King Wo Cheong. Buyers have now withdrawn and the market has fallen quiet. Waste.- Remains about unchanged at last quota tions. Sales of Steam Ext. Sel. opened were made at $154/155, but only a small quantity has been obtainable at this price. Stocks are small and holders seem confident of the future. Other classes than Steam are practically exhausted.
CAMPHOR.
Hoxarong, 27th February.- No arrivals.
""
SUGAR.
HONGKONG, 27th February. The upward tendency continues market being brisk. Shekloong, No. 1, White......$8.40 to $8.45 pel.
Do.
2, White...... 7.65 to 7.70 Shekloong, No. 1, Brown. 6.25 to
Do.
2, Brown 6.05 to Swatow, No. 1, White... 8.25 to No. 1, White...... 7.55 to
***
0.30
J7
6.10 8 80
19
Do.
7.60
J
Do.
**
1, Brown 5.90 to
***
5.95
Do.
2+
2, Brown
5.85 ... 5.80 to
.12.40 to 12.45
11
10.00 to 10,65
"
Foochow Sugar Candy
Shekloong
RICE.
HONGKONG, 27th February.-The prices are slightly declining, market being a little weaker. Saigon, Ordinary
1
Round, Good quality Long
Siam, Field mill cleaned, No. 2
Garden,
White,
Fine Cargo
"
PALITS
$3.95 to 4.6)
5.53 to 5,80
THE HONGKONG WEEKLY PRESS AND
YARN.
Mr. P. Eduljee rays in his Report, dated Hong- kong, 27th February-The market has now opened and business is in full swing. A con- siderable demand has been experienc d throughout the past week, but gales have not been very large, as country buyers have based their ideas below those of sellers. However, at the close, an improvement of $1 to 814 in values of approved ontlook for the prospects of the coming rice crop, desired spinnings is noticeable, and with a better confidence is slowly returning, and in the near future we look for a good trade at steady price. Stocks continue very low and supplies in view are small. Latest telegrams from Bombay make that market firm at prices that rule considerably over the parity of present quotations, and with advices of an active busine a in Shanghai, we are still comparatively safe from being flooded with their estimated stock of 9,500 bales unsold and of 35,000 accumulations. The market clore firm with an
bales sold, but uncleared goods.
Local Manufacture :-8pinners are firm in their demand, but little or no business is being done.
Japanese Yarus have continued steady, and saleable to a small extent at previous quotations.
{February
Long Ella-Scarlet, 7-10 lbs.
Assorted
Orleans— Plain .
METAL8——
Iron-Nail Rod
tó 38,00
Camlets-Assorted
Lastings—30 yd.,31 inches
Assorted.
14.00- fo 21,00-
10.00 to
- per pair ⠀
Blankets-8 to 12 lbs. ......... £.65 Fine quality, ́..... 1.60
to 0.00
to 2.59
ì
por picni 5.40 to Square, FlatRoundBar(Eng. 5.00 to Swedish Bar Small Round Rod Hoop to 11/2 in., -
5.000 to
8.20 to
CALZOOKIESIG
6.61 to
8.50
to. to to
to
to
Vivian's 14/20 or.43.00 Elliot's 14/20 08.43.0/)
to
to
.61.00 to
..80.00 to
Wire, 16/25, ..................................................... 9,50 Wire Rope Old Lead, L., B. & Co. and Hole Chop 9.45
Australian
9.46 Yellow M'tal-Munts 14/20 ox.45,00
Composition Nails....... Japan Copper, Slabs.. Tin..
Tin-Plates
Raw Cotton--The feeling during the interval there is a continued absence of country demand; has been very quiet, and for Bengal descriptions the only sales reported are a few small choice parcels of Nagpore kinds aggregating 300 hales at $251 to $261 for the Tonquin markets. Exporter: ||SUNDRIES have been in evidence and about 2,500 bales are Estimated reported as shipped off to Kobe. unsold stock about 3,000 bales. There is nothing doing in Chinese Cotton. Stocks nil. Quotations are $22 to $26 Indian, and $20 to $28 Chinese,
Exchange on Indis bas fluctuated wildly and closes to-day weak at Rs. 117 for TT and Rs. 117 for Post. On Shanghai 73, and on Yokohama 771.
Steel I to!
Quicksilver
Window Glass
Kerosene On..
COLORADONA
.96.50 to
box. per 8.60 to per cwt, case 6.50 to
per picul
to
per box.
5.75 to
per 10-gal, case 3.18 to
Shamanai, 18th February (from Messrs. Noël. Murray & Co.'s Piece Goods Trade Report ).— Plece Goods.-Since our last Report a small The undernoted business in imported and local
business bas transpired, but this has almost spiunings is reported from Shanghai during the entirely been of the usual New Year compliment- three weeks ended the 14th instant, viz. :—
Indian-Total sales 8,593 bales comprising ary order. For this the River Ports and New- 100 bales No. 6, 1,020 hales No. 108., 250 baleshwang are principally indebted, whilst Tientsin has been quite neglected. Until the report No. 128., 80 bales No. 148., 300 bales No. 168. regarding the first shipment sent North is and 1,84% bales No. 208., prices showing an advance received, it is not expected that any volume of of one Tael and market closing strong. Estimated
business will be done. In the meantime, howevor, unsold stock about 40,000 bales.
it is very pleasant to see the Home rates keep very firin with an advancing tendency. Thi certainly gives both the Native Merchant and the Foreign Importera confidence that they will be able to eventually clear their holdings on a Local:-Total sales about 1,501 bales, on the
satisfactory basis, Prices here are certainly basis of Tle. 82 for No. 108., Tls, 861 to 90 for No. | ndvan-ing, but naturally it requires considerable 148. and Tls, 911 for No. 168., market closing strongtime before values can reach those prevailing åt with a tendency to advance in sympathy with
Japanese :-Business restricted owing to the firmness of holders, the sales reported only amounting to 500 bales, No. 168, at Tls. 89 to 931 and No. 20s, at Tls. 93 to 96).
the local cotton market.
•
MISCELLANEOUS IMPORTS. HONGKONG 27th February.--Amongst the sales 3.73 to 5.80 reported during the week are the following:-
per bale Bombay--Nos. 10 to 20, ...$ 80.00 to $130.00 English-Nos. 18 to 24, 114.00 to 120.00 to 138.00 to 135.00 to
4.20 to 4.25 No. 1
4.80 to 4,85 .............................................. 5.85 to 6.00 6.15 to 6.20
22 to 24.
11
#1
28 to 32, 38 to 42.
19
COTTON PIECE Good§--
OPIUM.
HONGKONG, 27th February.— Malwa.—Small sales were effected in this during the interval at about previous prices, which remain as follows:- New at $980, last year's New at $1,020, two years' old at $1,080, three years old at $1,100, older at $1,120/30,
Bengal.-Market continued very strong, a good quantity of Patna having changed hands from $1,045 to $1,057) per chest and Benares at $1,012Į to $1,027).
Pertian-Further progress. has been make in this. Superior long cakes fetched £800 per picnl, square cakes at $770 and medium and inferior from $400 to $450 per picul.
Stock-
Patna
*Benares
Persian
COTTON.
605
600
.2,786
HONGKONG, 27th February. Only superior qualities are taken up af current values. Stook, about 8,000 bales.
Bengal (New), Rangoo {
and Dacca.....
..23.00 to 24.00 pien! 24.00 to 26.75
Shanghai and Japanese, 20.00 to 27.50
Tungobow and Ningpo, 28.00 to 27.60 › Sale 400 bales.
#
120.00 128.00 142.00 170.00:
per piece. Grey Shirtings-0 lbs. ......... 2.30 to 2.40
7 lbs.
8.4 lbs.
2.70 to 2.80 3.30 to 4,10 9 to 10 lbs. ... 4,00 to 5.81
**
White Shirtings—54 to 58 rd, 2,801 to 3.01 68 to 60 3.45 to 3.75 64 to 66 4.00 to 5.50 Fine
5.75 to 8.20 Book-folds 4.75 to 7.50
Victoria Lawns-12 yards 0.80 to T-Cloths-6lbs. (32 in.), Ord'y. 2.00
).
7lbs. (32,
|
Home, nor are they likely to until consumers have bad a chance of working off the supplies which have been bought on a very much higher level of exchange. Therefore in view of this, all in the trade are quite willing to sit on the fence in hopes of market values rising to a nearer approach of replacing figures. It is satisfactory to note that c earances are good, and this is probably accounted for by the fact that, previous to the Chinese New Year, considerable funds were sent down from the North to pay for goods which are to be shipped immediately the first flight of steamers depart. As is naual in this condition of trade the auctions represent nearly the whole of the business done,” and it is very antisfacto y to note that in nearly every case an advance is reported on last week's sales.
CLOSING QUOTATIONS.
FRIDAY, 27th February. EXCHANGE.
ON LONDON,.----
Telegraphic Transfer
Bank Bills, on demand
1.75
to
2.30
2.40 to 2.95
Bank Bills, at 30 days' sight'.
to
9.00 to
2.75 3.50
Bank Bills, at 4 months' sight
1+
6lbs. (32,, ), Mexs. 2.50 7lbs. (32,. ),
2 3 3 2 2 2 2 2
8 to 8.4 oz., (36 in.) 3.30 to 4.00
14 lbs.
Drills, English-40 yds, 134 4.75
FANCY COTTONS—
Turkey Red Shirtings—1§ to
8 lbs
Brocades-Dyed .................
DAMASKS-
Chintzes—Assorted
Velvets-Black, 22 in
*******
38
Credits, at 4 months' sight.................1/71 Documentary Bills, 4 months'sight1/71
Credits, 4 months' sight.
On demand
.1/01
1/611
1/7
3/7
to
ON Paris.—**
7.30
Bank Bills, on demand
.1981
C02
1.50 to
6,50
ON GERMANY.—
..1614
ON NEW YORK.---
Bank Billä, on demand
381
Credits, 60 days" sight
.301
ON BOMBAY Telegraphic Transfer117
Bank, on demand
..../1174
On Calcutta:—TelegraphicTransfer117
Bank, on demand
3171
UN SHANGHAI.—-Bank, at night
73
.793
OX YOKOHAMA -
On demand
i
to
per yard
to 0.29 to 0.80
-
Velveteens-18 in. ........................................... 0.28 to 0.29
per dozen Handkerchiefs-Imitation Silk0.31 to 5,00|
WWOOLLENS-
per yard Spanish Stripes Bundry chóps.0:75 to 2.25 Habit, Med., and Broad Clotha 1,25 to 3.00)
Privato, 30 days” sigh