34
COMMERCIAL.
THE HONGKONG WEEKLY PRESS AND
OPIUM.
Gallnuts (usual shape)
(July 11, 1904
TEA.
During June the export of tea from Amoy and
Formosa to the United States amounted to 4,796,783 lbs. of Tamsui Oolongs, and the total exported to London was 178,720 lbs. This repre- sents a large increase in each when compared with the returns for the corresponding month of last year. The arrivals at Amoy to the end of June were 116,909 half-chests, which is about 20,000 half-chests less than on the corresponding
late of last year.
Judging from the Customs Returns the war would appear to have had an important effect on the Hankow tea trade. Down to the 25th ult. the export of tea from Hankow this season had amounted to 23,591,080 lbs. This is about eleven million pounds more than the total export for the entire season of 1903-1904. The shipments to Great Britain via Shanghai stood on the date mentioned at 19,536,939 lḥa, which is more than four times the total for the two previous seasons, while shipments to the continent via Shanghai have nearly quadrupled.
is probably explained by the fact that practically tea has
This
gone to Russia by the overland route.
SUGAR.
Quotations are:-Allowance net to 1 catty.
Malwa New
Malwa Old
Malwa Older
·
9th July.
Do. (Plum) do.
18.50 21.00
Black Bristles
118.00
#1
$1000
to $1040 per picul.
Feathers (Grey and/or White Duck)
21.50
300
.$1063
to $1100 do.
01
Wild Duck
"
19.50
$1150
to $1180 do.
Turmeric
3.00
$1210
to $1230 do.
Sesamum Seed
4.45
$880 .$12321 to .$1320 to .$1212} to $1250 to
to
to
do.
Sezamum Seed Oil
7.90
"
do.
per chest.
Vegetable Tallow Seed Oil Wood Oil,
7.90
8.00
do. do. do. *
Tea Oil
8.75
M
Malwa V. Old Persian fine quality....$850 Persian extra fine Patna New Patna Old
Benares Now Benares Old
MISCELLANEOUS IMPORTS.
Shanghai, 30th June. Messrs. Noel, Murray & Co., in their Report on the Shanghai Piece Goods Trade, state:- Although the immediate spot business is some- what circumscribed, owing to the unexpected advance in sterling rates, there is certainly a better feeling in the market, and a fair forward business has been done on native account, chiefly for July and September shipment, at about the level of current prices. Beyond those dates it is difficult to get them to book, and the buying for done on the basis of Cotton at 51d. about, is December and January shipment, which is being almost entirely on importers account, at least in plain goods, though we believe a considerable quantity of fancy makes have been indented for. The difference in the prices between the earlier and later shipments is about seven per cent., as near as can be judged by a few individual trans- actions. It is difficult to see how prices can go much lower, as however favourable the new crop may turn out the benefit will, to all intents and purposes, not be felt in the home manufucturing centres much before the end of the year. In the meantime the balance of the old crop will have become exhausted everywhere, being at the present unprecedently low, both in quality and quantity. It is too early yet to receive any even approximately reliable reports, but so far in most of the Southern States the advices are not particularly promising. In the New York market the tendency seems to be to firmer prices, as though the effect of the possibility of a reasonably large crop had been over-estimated. As regards spot business the dealers are doing no more than All immediate orders, their require- ments being confined chiefly to 84 lbs. Shirtings Hongkong, 8th July.—The downward tendency and White Shirtings mostly of new chops and continues, market being weak.
HONGKONG, 8th July. The prices are advanc- ing, market being brisk. Shekloong, No. 1, White..
Do.
T
Do.
**
Do. Swatow,
$8.70 to $8.75 pels. 2, White...... 7.75 to 7.80 1. Brown...... 6.05 to
6.10 2, Brown..
75
5.10 to
5.95
14
No. 1, White
8.55 to
8.60
Do.
11
2, White
7.65 to
7.70
Do.
*1
1, Brown..
5.95 to
6:00
多重
Do.
2. Brown....
5.75 to 5.80
+1
12.80 to 12.85
10.90 to 10,95
77
Foochow Sugar Candy
Shekloong
1
Saigon, Ordinary
"
RICE.
Round, good quality Long
Siam, Field mill cleaned, No. 2 ......
Garden,
34
21
White,
Fine Cargo
No. 1
11
82.45 to $2.50 3.85 to 3.90 4.05 to 4.10 2.65 to 2.70 3.25 to 3.30 4.10 to 4.15
therefore difficult to get intelligible particulars of. Good reports continue to come in respecting the crops from all parts of the country, and there can be no doubt but that with the depleted stocks on hand in the interior a good Autumn trade is assured. The one draw-back is the bad state of the Export trade, which is not improved by the 4.30 to 4.35 advancing Exchange. The Manchester market appears to be taking more interest in the China trade with the decline in Cotton and some fairly Messrs. Wm. G. Hale & Co., of Saigon, in their satisfactory orders must have been booked during Circular dated 1st July, state:-During the earlier the interval. Spot Cotton is quoted in Liverpool part of the period under review, our market has 6.24d. for Mid-American and 61d. for Egyptian. been somewhat easier owing to next to no demand The free counter offers that have been made from from neighbouring countries, thus allowing a fair this appears to have had the effect of strengthen- business with Europe. But, towards the close, prices ing the New York market, and so far as we can have gradually advanced, and the tendency of the learn very little has gone through this week, market is for further rise, owing to Millers having The rising Exchange has caused a rather heavy commenced buying to fill existing contracts and drop in imported Yarns, which holders have new engagements, and dealers in the interior put-shown more disposition to sell; at the close, how- ting up daily their pretentions as demand for ever, the scarcity of some counts, wanted espec- | grain increases. Eastern demand has revivedially for Szechuen, is causing a better feeling. somewhat and we record several transactions with Local Yarns are at a standstill, and Cotton is Japan, Java, and the Philippines.
weak and drooping.
We quote for July to August delivery:
Per P. & O. steamer Bengal, sailed on 2nd July. For London or Manchester :-75 bales waste silk. For London :-66 bales raw silk, 177 bales waste silk, 849 packages tea for Amoy, 1 case silks, 3 cases cigars, 20 cases bristles, 2 cases bird feathers, 2 cases blackwoodware, 2 cases china inks. For Lyons:-400 bales raw silk. For Milan :-30 bales raw silk. For St. Chamond --40 bales raw silk. For Marseilles:-245 balos raw silk, 1 case
1 case feathers.
pongees,
Per steamer Seydlitz, sailed on 6th July. For Aden :--90 cases cassia. For Smyrna :-100 boxes cassia. For Naples 250 cases cassia, 250 bales broken cassia, 100 cases cassia buds. For Genoa: -263 bales raw silk, For Antwerp:-200 cases cassia, 125 bales split bamboo, 14 cases black- For Antwerp or
woodware, 2 cases chinaware. Hamburg: -45 cases bristles. For Antwerp_or Bremen or Hamburg: 12 bales bamboo. For Amsterdam:-20 chests tea. 15 cases chinaware 7 cases curios, 3 cases blackwoodware. For Amsterdam or Rotterdam:-250 cases cassia. For Rotterdam:-40 bales canes, 3 cases cam- phorwood trunks. For Bremen :-6 cases curios, 1 case china ink. For Bremen or Hamburg
-91 bales feathers, 8 cases chinaware. For Hamburg: -305 half-cheats tea, 164 packages tes, 43 rolls mats, 20 cases bristles, 18 cases chinaware, 14 cases blackwoodware, 12 bales canes, 6 cases pre- serves, 6 cases feathers, 2 casks preserves. For London:-150 rolls matting, 32 cases chinaware, 1 bale waste silk.
Per P. & O. steamer Candia, sailed on 8th July. For London or Hamburg: -43 balea feathers. For London or Manchester:-25 bales waste silk.
21 cases chinaware. For London:-8497 bales For Marseilles :-100 cases cassia. For Glasgow :---
hemp, 2 cases cigars, 8591 boxes tes, 157 packages ten, 107 cases chinaware, 7 cases bambooware, 2
cases haman hair, 5 cases bristles, 50 bales waste silk, 11 cases personal effects, 220 rolls matting & mats, 200 cases cassia.
ON
EXCHANGE.
MONDAY, 11th July.
LONDON. -- Telegraphic Transfer Bank Bills, on demand Bank Bills, at 30 days' sight
ON PARIS.-
ON
ON NEW YORK.—
1/10%
11cf
1/104
Bank Bills, at 4 months' sight Credits, at 4 months' sight. Documentary Bills, 4 months' sight 1/10-1
..1/10
.1/107
Bank Bills, on demand
922
Credits 4 months' sight
235}
GERMANY. -—-—-
On demand.
.lks
Bank Bills, on demand
.441
Credits, 60 days' sight..........
.451
No. 2 White sifted (trié) steam
milled (mixed)
per picul
3.02
K
10
2.65
Cargo steam milled
...
2.52
2.44
TOTAL PICULA
***
1,701,000
500 883,800
207,500
284,900
No. 2 White unsifted (ordinaire)
steam milled (mixed)
Cargo steam milled (mixed)..
20% Cargo steam milled
JJ
The following is a statement of this year's ex- ports of white rice, cargo rice, and paddy :
DESTINATION.
Hongkong
Tonkin and Annam
Manila
Ilollo
Cebu
MISCELLANEOUS EXPORTS. HANKOW.-The prices quoted are for the net shipping weight excluding cost of packing for export
Cowhides, best selected
Do. seconds
Buffalo hides, best selected
Goatskins,untanned (chiefly white colour) Buffalo Horns (average 3lbs. each)
ON BOMBAY.—
Telegraphic Transfer
.1874
Bank, on demand
.138.
On CalcuttA.——
Per pioul
Telegraphic Transfer
1371
TL.. 32.50
Bank, on demand
138
18.00
11
UN SHANGHAI,--
18.50
17
Bank, at sight
713
57.00
Private, 30 days' sight
.721
9.00
"
White China Grass (Wuchang and/or
Poochi)
ON YOKOHAMA.—
On demand
..90%
10.80
White China Grass (Sinshan and/or
ON MANILA,
Chayu)
9.70
On demand
.Nom.
598,600
Green China Grass (Szechuan)
ON SINGAPORE,
84,400
Jute
6.00
11,100
White Vegetable Tallow (Kinchow)
On demand
.Now.
9.60
300
White Vegetable Tallow (Pingchew
ON BATAVIA.—
24,000
and/or Macheng)
9.40
•
On demand.
..1107
21,400
410
223,100 1,747,900
1
White Vegetable Tallow (Mongyu) Green Vegetable Tallow (Kiyu)
9.70
|O* HAIPHONG.
1+
Animal Tallow
8.75
On demad
..24p.c.pm.
Japan Corea Singapore India
Noumes Madagascar Reunion Europe