50
RICE.
HONGKONG, 17th July.--The upward tendency continues, market being brisk.
Saigon, Ordinary
Round, Good quality Long
Siam, Field mill cleaned, No!
J
Garden, White,
11
Fine Cargo
11
No
$2.8% to 2.90 5.20 to 5.25
5.25 to 5,35
4.00 to 4.05
4.35 to 4.49 5.40 to 5.45 5.5.3 to 5. 5
MISCELLANEOUS EXPORTS.
THE HONGKONG WEEKLY PRESS AND
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The undernoted business in imported and local anded 4th instat, viz:- varna is report 1 from Shanghai during the week
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Indian:- In brisk demand for the Northern l'orts at improving prices. Total sales 6,912 balos, comprising 2,2 0 bales No. 10s., 91 bales No, 128., 1,532 bales No. 168., and 2,-27 bales No. 208., prices showing an advance of Tls 1 in No. 208, and market closing strong. Estimated stock 34,000.
Japanese - Sales of about 1,000 bales are reported on the basis of Ils. 90 to 94; for 16s., and Tls. 94 to 99 for 208. Market steady.
Per steamer Alcinous, sailed ện 7th July. For Marseilles: -123 bales waste silk, 4 cases gum copal, 21 sacks gum copal. For Havre, Hamburg and London:-29 cases camphor. · For London :- 16 cases chinaware, 18 cases blackwoodware, 18 cases cigars, 14 cases private effects, CO bales waste silk, 60 bales feathers, 3,013 bales hemp, 15 pack-reported during the week are the following :--
Local:—Total sales about 3,0 0 bales, on the basis of Tls. 9?) for 12%., Tls. 88 to 92 for 1 ks, and Tls. 90 to 92 for 168. Close strong.
ages sundries For Liverpool -60 bales hemp. For Antwerp: -70 bales split bamboo.
#
For
Per steamer Preussen, sailed on 9th July. For Colombo--400 bags flour For Rangoon :--5 cases raw silk, For Aden: 750 bags sugar. Naples:-131 bales cocoons. For Geno:-502 bales raw si'k, 100 bales waste silk, 91 cases china- ware, 50 cates essential oil For Antwerp:-16 packages camphorwood trunk, 4 rolls matting. 4 casks indigo For Antwerp and Hamburg :- 20 cases bristles. For Antwerp and Copenhagen : -6 bales feathers. For Amsterdam-34 rolls For Amsterdam and Rotterdam :~2 matting. cases blackwoodware. For Amsterdam, Rotter- dam and Hamburg: -200 boxes cassia, 75 casES cassia buds. For Rotterdam:-50 cases tra stick, 11 cases chinaware. For Bremen:--8 rolls mat- ting, 4p ckages sundries. For Bremen and Ham- burg-185 bales feathers. For Hamburg -279 bales feathers; 57 rolls matting, 59 c ses bristles, 50 bags galangal, 46 boxes tea, cases blackwood- ware, 6 cases tea, 5 cases feathers, 4 boxes preserves, 2 casks preserves, 1 case silk, case chinaware, I case hardware. For Hamburg and Londón :--15 cases bristles, 10 cases essential oil. For London: -50 rolls mats.
COTTON.
HONGKONG 4th July.--At lightly advanced rates, moderate business done in good quality, Stock about 1,700 bales.
Bombay
14
50 to 24.50 picúl
Bengal (New), Rangoon (2450 to 28.00
and Dacca..
Shanghai and Japanese, 20 to 29.50 Tungchow and Ningpo, 20,00 to 29.50 Sale:--500 bales.
YARN
་་
MISCELLANEOUS IMPORTS. HONGKONO. 2nd July.-Amongst the sales
Bombay-Nos. 10 to 20, English-Nos. 16 to 24,
22 to 24, 28 to 32, 38 to 42, COTTON PIECE Goods- Arey Shirtings-0 lbs.
per hale
$ 90.00 to $128.00 114.00 to 120.00 120.00 to 128.00 136.00 to
142.00 155.00 to 170.00
White Shirtings-54 to 56 rd. 2.91 58 to 60 3.50 64 to 66..
4.23 Fine. Book-folds
+
per piece 2.30
to 2.40 7 lbs.
2:0
to 2.80 8.4 lbs.
3.50 to 4.25 9 to 10 lbs. ... 4.30 to 5.50 3.25 4.0
to
to
to
5.75
2.50
6.00 to 8.30 5.00 to 8.00 0.45 to 1.75 to 2.80 to 3.00 to 3.00
to 3.30 to- 4.05
to
7.30
Victoria Lawns-12 yards T-Cloths-6lbs. (32 in.), Ord'y. 2,30 7lbs. (32 .. }.
6lbs. (32
7lbs. (32 .. ).
), Mexs. 2.50 #10 8 to 8.4 oz., (36 in.) 3,30 Drills, English-40 yds., 137 )
1.70 to 14 lbs.
FANCY COTTONS---
Turkey Red Shirtings-1} to
8 lbs. i
}
159 to
Velvets-Black, 22 in Velveteens---18 in.
DAMASKS -
Handkerchiefs---Imitation Silk 0,3)
5.50
per yard 0.29 to 0.60 0,26 to .0.29 per dozen
to 8.00 WOLLENS--
per yard Spanish Stripes-Sundry chops.0.75 to 2.25 Habit, Med., and Broad Cloths 1.25 to 8.00
per piecs to Long Ells Scarlet, 7-10 lbs. 7.45 9.50
Assorted
7.60 10 9.65 13.5) to 38.00
Camlets-Assorted Lastings- 30 yds., 31 inches
Assorted
Orleans Plain
1450 to
10,00
21.00
J
to
per pair 0.65 to 0,90 1.60 to 2.59
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Mr. P. Eduljee says in his Report, dated Hongkong, 17th July-The demand from the country having fallen away considerably owing Blankets-8 to 12 lbs. to the gathering of the new rice crop, importers
Fine quality have experienced less inquiry, and, to move off goods as they arrive, have submitted to a decline Shanghai 10th July (from Messrs. Noël, Mur- of 30 cents to a dollar per bale all round. The ray & Co. Piece (loods Trade Report:- Since our willingness of sellers to meet buyers, however, has last report on 3rd instant, there has been rather not led to any increase of business, as without an less doing, owing partly to the continued drop in outlet, dealers refrain entirely from committing Cotton and partly to the anticipated improvement themselves, and, taking advantage of the sudden in Tientsin not being as yet realized. The and unexpected rise in exchange, are trying their political situation in the North is causing a certain utmost to "bear" the market in anticipation of amount of uneasines; in some quarters. but the resumption of demand next month. Holders, fe ling is not at all gen ral, Dealers who have although anxious to push business to a reasonble | bought fair quantities during the past two or extent, are by no means inclined to concede any three weeks now seem inclined to curtail oper. further, in face of an advancing market in Bom-ations and await further developments before bay, and if this is adbered to during the ensuing fortnight, we expect to see buyers' offers improve and revival of trade follow. Meanwhile the mar- ket closes weak and unsteady
Local Manufacture :-Is in moderate demand at steady prices; business reported during the interval being about 250 bales No. 10s. at $104 and 10 bales No. 128, at $107,
Japanese Yarn: A good enquiry has continued and settlements of about 1,000 bales, mostly for- ward delivery, have been effected, say No. 168. Settsu at $124, Miike at $125 and Kanegafuchi at $126, and Shensui and Settan No. 208. at $130 and $134 respectively.
Raw Cotton:-There has been a smart advance of 1 to $2 per picul in Indian descriptions in sympathy with the fluctuations on the other side, A couple of really superfine parcels of Bengal cot- ton aggregating 200 bales have fetched as high as 27]. Other sales reported are 232 bales at from $25 to $26. Unsold stock 800 bales. Nothing doing in China kinds. Quotations are Indian $22 to $28, and hina 326 to $29.
Exchange on India has continued to advance and closes to-day at Rs. 129 for T/T and Rs. 1291 for Post. On Shanghai and on Yokohama 281.
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[July 18, 1903.
Cotton has steadily declined it would s em the attempt hed not bou v ry successful. Advices from New York re ̧urt a quiet market with no- thing doing for China. Private mail advices re- port that the present situation has compelled Mills to curtail their preduction nd they have not much in stoc: for export, there being a fair demand for 'he home trade.. Immense dam ge has been done by the fl od、 last month in South Carolina to the Pacolet and Clifton Mills which will take many months to replace and it is report- ed that about 1,000 bales of 3.25 yard Drills bought in March and April last have been can- celled. The demand for Indian sinnings has been fair during the week, the sales amounting to 4.626 bales,
SHARE REPORTS.
HONAKOA. 17th July, 1903.-No improve- ment is yet visible in the general condition of our market, and there is agaiu but little business to report.
BANKS. Hongkong and Shanghis have been placed at $680 and a small lot at $685, and our closing quotation is steady at the latter rate, London has advanced to £63, 153. j8ubject to audit, the direc'ors will recommend at the forth- coming meeting, a dividend of £1. 10s. per share, add to reserve fund $500,000; write off property acousut $200,000; and carry forward about $1,425,000. Nationals are unchanged and without business.
MARINE INSURANCE-. - Unions can be placed at $500, Chian Tradora have sold and are wanted at $63. Yaugiszes are wanted in small lots at $135. Cantons are quiet at $180.
FIRE INSURANCES.-Hongkongs ore neg. lected at $330. Chinas have sold at $85 and can now be placed in small lots at $56.
SHIPPING. Hongkong, Canton and Macaos have been freely e. qnired, for, and a fair amonut of business ha« been booked at $381 at į which rate a few more shares are still procurable, In lo-Chinas advanced during the earlier part of the week to $99 and 8994 with sales to the northoru market at these figures, but an easier tone has since set in and we closa with sollers at $98. China and Mauilas have dropped to $21 (old) and $16 (new) with sales of th; old issne and probable further buyers at the rate. Douglases have again been booked at $104 Star Ferrios continue in request at $27 and $17 fr th old and new issues respectively. Shell Trausports have sold and are in further request at £1.2s 6d.
REFINERIES.→
-China Sugars have declined to 895 s. llers. Luzons are still in request at $10. MINING. - Paojoms have been booked at the reduced rate of $2.39 and a few more shares are probably obtain.ble at this figure. We have no other changes or business to report under this hel,
DOCKS, WHARVES AND GoDowns kong and Whampoa Docks have firmed up, and after sal s at $215, $215) and $216 are in further demand at the latter rate, with no shares obtainable under $217. Hongkong and Kowloon Wharves have sold at 888 and 888) and close firm witli bayers at $88. New Amoy Docks are iu some demand at $40. Farnham after receding to TI-. 1624 can be placed at Tls. 165.
LANDS, HOTELS AND BUILDINGS. --Hong- kong Lads have been booked at $160 and close and West Foints are unchanged and si hout with shares offering at $161. Kowloon Lands business,
Humphreys Estates after sales at 812) and $12.15 are now procurable at¡$12. Hongkong Hotels are easier with some sellers at $151. Oriente Hotels can s'ill be p ́aced at $44
COTTON MILLS -Ewos are procurable at Tis, 35, an! Laouang Mows at T's 424. Hongkongs have advanced to $15 with sales.
committing themselves any more. Importers are, however, keeping very firm and unl ss they can obtain a reasonable profit on their holdings, appear content to await events, and maintain the idea that the long-looked-for demand must eventually come and with a little patience their price will be obtainable. Clearances on the whole are fair considering that the Native money market is again becoming rather tight. The above remarks apply to the consuming markets which ure all quieter, the only one that has bought any thing being Hankow which has dealt in Back MISCELLANEOUS.-Gren I land Coments Italians to a fair extent. The Liverpool market is have been booked at S:4 and $244, closing easier, the latest qu-tation for Mid Orleans being with buyers at 324. Electrics are steady at 6.30d, with Egyptian 9.62d., but both these rates $12.60 and $7 for the old and new issues repec- must decline before business will be possible. The tively, ex the dividend of 9 per cent. for 1902 Manchester market is reported dull and we hear paid on the 11th instant. Steam Water-boats that goods have been offered at some reductions on the prices lately asked without, however, lead- 32475. B.ll's Asbestos have been booked at are in demand at 814) Ices can be pl ced at ing to business. A telegram from London dated 29th ultimo, states that the Lancashire Cotton
the advanced rate of $6. China Providents can Mills are working short time and that thousands still be procured at $91. Watkins are wanted of operatives are out of work. The same telegram at $7. Powells have sold and there are further reports "A Monster Cotton Trust is being organizelers at $10. Albambra Cigars are quoted at ed at New Orleans. The operators own practical- 8250 buyers.
ly the whole of the Spot Cotton in United States. MEMOS.-Canton Land Company," Limited A speedy rise is pre·licted." but as since that date ordinary yearly meeting to-morrow, 18th instant.