A
December 3, 1004.]
TRADE ITEMS.
=0:
The manufacture of flannels in Osaka has greatly improved, and the Japanese imports of
such materials have seriously decreased.
The Portuguese Minister, Castello Branco, who negotiated the revised treaty with China, left by the German mail Homeward bound to Portugal.
Japan has purchased the P. & (). 8.8. Nankin. She was once a Hall Line vessel. She was recently employed on the Bombay-Hongkong run, carrying cargoes of cotton twist.
The total trade of Bangkok for 1903 was £7,431,371, about £500,000 less than for 1902 The rice export, which was abnormally large in 902, declined £496,409. This year's Budget sets aside £333,000 for railway construction.
Kiukiang's trade is perceptibly mending each year, but there is a decline of imported foreign opium. Indian yarn imports have increased in value from about $170,000 in 1900 to nearly £500,000 last year. Much more tea was exported. but this increase may not be maintained, as it due to temporary shortage at other
Taotai Pau Hsiao-su, the Chinese Manager of the
Railway, has been Shanghai-Nanking appointed Director of the Copper and Silver mint at Nanking, and also of the army store at Nanking. The Taotai was to take up his new post on the 26th November. Taotai Lin is appointed to succeed him in the management of the Shanghai-Nanking Railway.
was
sources,
Han Tung Tang. the compradore of the Hankow office of Messrs. Carlowitz & Co., after having caused a great loss to the company which he could not mak- good. has, according to the Sinanpao, committed suicide and his wife has also, after being pressed to pay off the debt, committed suicide. There were two Chinese who stood surety for the compradore, and they having also been pressed to pay the sum indebt- ed to the company, committed suicide.
It is said that the Government after a con- siderable amount of consideration, will consent to a reduction of the amount paid by the Opium Farmer for the opium monopoly, The Opium Farmer pe itioned the Government in Sep- tember last The Farmer pays $2,220.000 per annum for his monopoly, and he petitioned for
The ednction of $600,000.
Я
amount.
We
u derstand, hat the Government is willing to take off is $180,000 or $15,60) per month. The price agreed upon at t e commencement of the year was larger than ever before.
Mr. Maclean, the special commissioner of the Board of T ade, has brought out another report on British trade in the Persian Gulf Ports, Muscat is the principal port. its trade averaging in imports £253,000 and exports £119,000 per annum. Mr Maclean notes that the use of the rupes is increasing. The ports however, lack reliable forwarding and landing agents, and in this direction profitable businesses could be opened up.
Russia has opened a depot at
Busrah, and now very likely at Bushire, for the exhibition of Russian commodities. Mr. Maclean, though he thinks that such an idea might prove useful to Indian traders, is of the opinion that they would do better by exhibiting at Bombay, as native traders make a good use of the steamers that ply between Bombay and the Gulf Calcutta Englishman.
CHINA OVERLAND TRADE REPORT.
COMMERCIAL.
The Yokohama Prices Current and Market Report, published by the Yokohama Foreign Board of Tinde, dated November 15th, has the
following:
IMPORTS,
15
Yarns. No market. Shirtings.Quiet. "Spot" and Early Arrival are apparently exhausted, and the future is too uncertain for long shots far | into next year. Fancy Cottons and Woollens.- Only small sales are reported at late figures.| Metals.--Business, to a moderate extent, is being done, although a quiet tone prevails in the mar. ket, Kerosene Market weak. Sugar. The market has remained firm with a slight upward | tendency, but little business has been put through, the high prices restricting demand. Indigo.-- Market quiet.
EXPORTS.
|
421
upward course of the market; but business is now checked to some extent by the high prices asked. The size 16/18 has been in good enquiry, and the demand for fine sizes 9/11-10/12, and * Natives 11/13-13/13-14/18 has continued, as before, in n marked manner. From Sales made in different crops we quote: Fil-Wing Cheong Sing 11/1.. at 8930; Wing Wo Lun 9/11 at $925; Kwong Ping On 9/11 at 8015: Chea Chung Wo 11/13 at 8902); U Hau|Cheong 10/12 at $800; Kun Wa Lun 18/18 at $850; Chun Sun Hang 16/18 at 8840; Wai King Wo 18/22 at $760; Soey Wo Cheong f1/13-13/15-14/18 at $765. Short-reels.-There has been a little more enquiry for the best qualities at prices quoted below; but American buyers do. not show much eagerness. Waste Silk.-Buyers have shown more readiness to meet holders, and a "Extra fair amount of business has ensued. selected opened" has been sold at several different prices, according to the Individual disposition of holders.
By Natives" or "Market Cargo "Best 3me ordre " and Bon. *3me ordre."
Raw Silk.-During the first half of the period under review our market was dull, with generally declining prices, No. 1 Shiushiu Filature being sold at yen 920, whilst Rereels-which are now. Lecoming somewhat scarce-only dropped yen 10 per 100 kin, the lowest point reached being yen 940 for No 1. At this point, however, exporters- principally Japanese-again entered the market, with the result that things immediately became firmer and have been on the upward move ever At the close our market is strong. since.
Tea.-No transactions. Total settlements from Swatow, May 1st to November 14th amount to 177,700
Do. piculs, against 193,400 piculs at the corresponding date last year.
The Kobe Market Report, published under the direction or the Hiogo and Osaka General Chamber of Commerce, dated 15th November, has the following:-
IMPORTS
Cotton.—American.-There has been practically no change in the market during the past fort- night, although latterly it has ruled somewhat sensitive, causing spinners to anticipate prices to
ease off further. and business is in consequence very quiet at the moment. Cash transactions have been nominal. Indian.-Some appreciable business has been executed during the past few days in consequence of a decline in prie s. Buyers, however, are holding off again in anticipa- tion of quotations receding further, and sales are therefore I ractic lly confined to early shipments
Do.
Do. Do.
13
SUGAR.
we mean
7.85
HONGKONG, 2nd Dec.-Some demands having come forward the prices are advancing. Shekloong, No 1, White......$8.55 to $9.65 pels.
2, White. 7.75 to 1. Brown...... 8.25 to 2, Brown...... 5.95 to No 1, White...... 3.40 to 2, White...... 7.55 to 1. Brown...... 5.80 to 5.85 2. Brown ..... 4.90 to 50 Candy.......12.80 to 12 90
39
Do.
Do.
Foochow Sugar Shekloong
6.30
6.10
8,50
7.60
20
.........10.85 to 10.90
RICE.
*
34
HONGKONG, 2nd Dec.-The prices are going upward, market being firm. Saigon, Ordinary
#1
"
Round, good quality Long...
Siam, Field mill cleaned, No. 2
.$2.45 to $2.50.
4.10 to 4.15
4.30 to 4.35
2.85 to 2.70
No. 1
2.85 to 2.9)
**
4.15 to 4.20 4.45 to 4.5!
**
Garden, White, Fine Cargo
OPIUM.
"
HONGKONG, 1st December, 1904.-We beg to continue our advices of the 17th ultimo since
when the movements in our various Opium mar- kets have been as follows:--
Stocks as per efonlar of
17th ultimo, 1904. Nov. 20th Imports per Nudiu Nov. 23rd
Nam Sung Lightning
only. Chinese.-There is no change to rapo t. Business in both forward and cash has remained quiet, operations being very meagre. Grey Shirt- ings, Cotton Goo a and Fancies, Worsteds and Woollens A f w small enquiries but not much doing owing to the uncertainty of the present Nov. 30th level of prices being maintained. Window Glass. -Qu et. Metals. Quiet, both for spot and for- ward. Chemicals.-Match Chemicals-Unchang. ed Sugar.-Hongkong Refined.-Market quiet, but prices unchanged. Beet.-In sympathy with the home market prices are firm, but there is no materia change to report. The demand from the interior continues slack. Osaka Refined.- An auction was held on the 5th instant at which 6,500 bags were sold. The figures realized for
crystals and whites were the sine as obtained at the previous sale. Rice.-Market continues quiet, stocks are increasing, and buyers are only offering lower prices. Kerosene.-rices unchang ed, not much doing.
EXPORTS.
Tea.--Total settlements amount to 116,000 piculs, against 126,500 piculs to the same date last season. Shipments:-New York, 197,922 lbs, Chicago 41,430 Ibs..
San Francisco 36,160 lbs., Canada 120,065 lbs. Fish Oil.- Quotations have declined to Yen 505 for Strain- Copper. Position ed Herring per 100 kin. unchanged; buyers are offering advanced prices,
but no fresh business can be done, as there are no free supplies. Rice.-Prices have advanced since last report, but at the close show a down-
more
The Governor of Hunan has memorialised He on the subject of mines in Hunan. says the mines in Hunan have been worked gradually since the establishment of a head office of mining. All kinds of ores obtained are smelted and separated by native method. They are not well purified, and are sometimes ward tendency owing to absence of demand. It bought by foreigners who have them refined
is now estimated that the harvest will not produce and sold back to us at great profit. This is
than 46,00,000 koku. the crop on the very unfortunate. hao Erh-hsman, ex-Governor,
middle cutting being o aside ably sh rt of what tried his utmost to apply a remedy by establish-
was expected. Cotton Yarns.-Marker has ad-] ing a laboratory at Heng-chou. Hsu Chên-vanced. A large business is reported to have been ch'eng, an expert on chemistry, has been employed, done for shipment February/March. The export and he is to examine ores for the head and since the 1st instant is 18,932 piculs against branch offices in order to protect the interes s 44,288 piculs for same period last year. Veget- of the province The Bureau has now decid-d able Waz.—In spite of large purchases for export, to send the said officer to the Hengchou labora- holders are weaker, and quotations have declined tory to learn foreign methods in order to to Yen 27.50 per picul promote the source of wealth and sare expense. The memorialist has therefore established a mining college with a laboratory at ached, in which twenty students will be taught the mysteries of mining and chemistry.
SILK.
CANTON, 5th November, 1904 :-Long-reels.- Remained in good enquiry during the greater part of the fortnight, and some buyers followed the
31
11
Less Exports to Shanghai.. Less Exports to East and West Coast Ports including Local Cousumption for the fortnight..
Estimated Stocks this day
Matwa. Patna, Benares,.Persian.
1,108 2,101 1,189 1,850
390
457 843 400
540 161
1,493 3,484 1,75 2,507
94 125 75
152 619 190 248
1,947 2,840 1,539 2,059 Bengal-As the consumption has not been satisfactory prices have declined to $1,140 for Patna and $1,105 for Benares.
Malwa. The demand has been on a very small scale at the following :
Quotations are.
New
years old
3 -
4/5
Oldest
$1,100/1,130
$1,150/1,180
$1,200/1,230
$1,250/1,280
$1,800/1,830
Persian. Prices for good qualtity are 850/903
Quotations are:- Malwa New Malwa Old
Malwa Older
1st December. Allow ce net. to 1 catty.
$1100
to $1130 per picul.
.$1180
to $1210
do.
.$1230
to $1250
do.
$1300
to $1330
do.
to
do.
do.
per chest.
do.
Malwa V. Old.. Persian fine quality...$880
Persian extra fine.....$9 0 Patna New Benares New
to $1145 to to ................................$1100
COAL. Messrs. Hughes and Hongh, in their coal report of to-day's date, state that six steamers are ex- pected at Hongkong with a total of 24,500 tons of Japau coal. Since 20th November 44,700 tons of Japan coal have arrived, all sold. market is dull with small sales of Japanese. Quotations: Cardiff
Australian
Yubari Lump.......... Miki Lump
$18.00 ex-ship.
.$:1.09 ex-ship.
The
$12.00 ex-ship, nomina! $10.00 ex-ship, numinal,
Moji Lump......$6.50 to 10.00 ex-ship, steady