226
COMMERCIAL.
SILK.
Raw
HONGKONG WEEKLY PRESS AND
en through freight by steamers carrying Rail- way material, etc., and the chances are this will be availed of for shipping supplies before the goods ordered by Firms here can be placed on the market. The possibilities of this are already causing some of the dealers to ponder over the The home markets are very future of the trade.
Messrs. A. B. Burkill & Sons' Silk Circular, dated Shanghai, 18th March, 1905, states :--The home markets are quiet. Gold Kiling is quoted in London at 11-9 and in Lyons at Fcs. 32.25, Silk.-A further decline in Tael prices combined strong. Prices are up in Manchester and very distant delivery is still wanted, but the tendency with a fall in exchange has only induced a small business showing a want of confidence on the here seems to be to h ld off, and any business part of buyers in present sterling costa. Yellow that is going through appears to be of the Silk.-A few sales of Mienyang are the only "sorting up" description, the in lividual t ansac- transactions recorded. Hand Filatures. Aretions being small compared to what has been neglected. Steam Filatures.-A small business done lately, though probably amounting to a fair Cotton in Liverpool is has been done in fine sizes for the Continent. size in the aggregate. Tussah Filatures.-Have been in fair demand now quoted 4.34d. for Mid-American and 61d. for Egyptian. In New York the business for this Waste both for the Continent and America.
market has been confined to the purchase of Silk.A little more business has been doing.
bales 2.85 yard Drills and Sheetings at We report following transactions, 250 piculs Long 2,5" Shantung B at Tls, 25 (Whole Bales), 100 piculs | !ls. 41d. and a small parcel of lighter Sheetings. Filature Long Waste at Tls. 116, 100 piculs Tus- No Cotton quotations have come to hand since our last. The Yarn market is rather more active sah Waste 60.40 at Tls. 28, 20: picula Filature
at fairly steady prices, a moderate quantity of Tussah Waste 50.50 at Tis. 241.
Indian No 108, being in the book for the North Cotton is steady to firm.
SUGAR.
HONGKONG, 31st March.-The position of the market is the same as when last reported. Shakloong, No. 1, White.....$9.15 to $9.20 pela.
2, White...... 7.95 to 8.00
Do.
"
Do.
#
1, Brown...... 6.80 to
6.85
"
Do.
6.00
#
事
Swatow,
8.65
J
Do.
"
Do.
|
MISCELLANEOUS EXPORTS.
HANKOW, March 22nd, 1905:-The prices quoted are for the net shipping weight excluding cost of packing for export
Per picul, Cowhides, Best Selected
Do. Seconds
Buffalo hides, Best Selected
Tls. 36.00
82.00
"
18.60
.
"
Goatskins, Untanned, chiefly white color Buffalo Horns, average 3-lbs, each
65.00
J
8.50
17
White China Grass, Wuchang and/or
Poochi..
#1
Do.
2, Brown...... 6.55 to
No. 1, White...... 8.80 to
2, White...... 7.60 to 7.75 6.65 1, Brown...... 6.60 to 2, Brown
6.55 6.50 to
Foochow Sugar Candy .........13.20 to 18.25 Shekloong
.........12.40 to 12.45
HONGKONG, 81st March.-The upward tendency
continues, holders being firm.
Saigon, Ordinary.
*
"?
*
RICE.
White China Grass, Sinshan and/or
Chayu
Green China Grass, Szechuen Jute
White Vegetable Tallow, Kinchow..... White Vegetable Tallow, Pingchew
and/or Macheng
White Vegetable Tallow, Mongyu Green Vegetable Tallow, Kiyu...... Animal Tallow
4.25 to 4.35 Gallnuts, Usual shape.
do.
Do. Plum Tobacco, Tingchow...... Do. Wongkong Black Bristles
$2.10 to $2.15
Bound, good quality Long...
8.75 to 8.80
8.85 to 3.90
Siam, Field mill cleaned, No. 2
2.65 to 2.70
11
Garden,
No. 1
2.95 to 3.00
White,
4.00 to 4.05
Fine Cargo
OPIUM.
Quotations are :-
Malwa New
Malwa Old
1st April. Allow'ce net. to 1 catty.
$1120 to
per picul. $1160 to
do.
Wild Duck
Malwa Older
$1250
to
do.
JJ
1)
Turmeric
Malwa V. Old...
.$1830
to
do.
Sesamum Seed
Persian fine quality ...$900
to
do.
Persian extra fine.
.$930
to
do.
Patna New
$1120
to
per chest.
Patna Old
to
do.
$1000
to
do.
to
do.
?
Benares New
Benares Old
PIECE GOODS.
Messrs. Noel, Murray & Co., in their Report on the Shanghai Piece Goods Trade, dated Shanghai 23rd March, 1905, states:-Once more there is a lull in the receipt of news of the movements of the Japanese Army, which, judging by previous - experience, would seem to indicate that furthur
important developments may soon be expected. It is more than probable the after-knowledge they have gained from former successes, that if only the advance had been continued complete victory would have followed, will stand them in good stead now, and, with their communications clear and safe, it should not be impracticable for them to complete the rout and gain the entire possession o Manchuria, which achievement should soon put an end to the War. It would seem that we have now entered upon a spell of extreme quietness, compared to the activity recently displayed, but at the same time clear- ances are likely to be accelerated very consider ably. The improvement in the weather during the last few days has made a vast difference in this respect, and judging by the complaints of late delivery the goods are badly wanted; in fact there is an exceptionally good outlook all round. As regards Tientsin there are signs that the trade there is reverting to the old time system of selling on credit, that is the buyer is allowed to take delivery of the goods, but can defer payment for two months, and if half the amount due is then paid the remainder of the purchase money can be left on loan at 7 or 8% interest, while the buyer is making use of it for other purposes. It is certainly not a sound way of doing business, but the facilities it affords the buyers will surely make it popular with them and induce a considerable increase in direct importations, especially if through freights are appreciably less than the high coast tariff now in vogue on shipments from this. We understand there are occasional opportunities of securing
79
**
*
[April 3, 1905.
ON NEW YORK.-Bank Bills, on demand444
Credits, 60 days' sight BOMBAY.-Telegraphic Transfer Bank, on demand
ON
ON
.458 .137
.1371
1371
72
CALCUT1A.-Telegraphic Transfer187 Bank, on demand
ON HANGHAI-Bink, at sight
Private, 30 days' sight ON YOKOHAMA,-On demand..
(N MANILA-On demand
ON SINGAPORE,—On demand ÚN BATAVIA.-On demand
ON HAIPHONG.-On demand ON SAIGON-On demand On Bangkok.-On demand SEVEREIGNS, Bank's Buying Rate GOLD LEAF, 100 fine, per BAR SILVER, per "z.
SHAKE REPORTS,
.72€
90
....897 7 p.c.pm.
1101 14 p.o.pm. ..I p.c.pm. 611
$10.80
856.10
254
HONGKONG, 31st March, 1905.—Our market continues to rule firm, and a fair volume of business, to some extent for account of the March settlement pat through to-day, has been transacted during the past week. At the close a good enquiry exists, and favourite stocks have an advancing tendency.
BANKS. Hoogkong and Shanghais again in request, and the rate has advanced to $760 buyers. London has improved to £78. Nationals are unchanged with buyers at $36.
MARINE INSURANCES.——
-Unions are reported to have been fixed at $700, but at this more China Traders have shares are to be obtained.
are
12.00 declined to $58, sellers. North Chinas, Yangtszes,
and Cantons are unchanged.
10.00
9.80
9.50 8.00 12.60 10.00 17.70 18.70
(nominal)Tls.
(nom.)
21.00
J2
"
Feathers, Grey and/or White Duck
Sesamum Seed Oil
Vegetable Tallow Seed Oil
Wood Oil
Tea Oil
*
"
FIRE INSURANCES.-Hongkongs have sold, Chinas have been and are on offer at $310, booked, and more shares are procurable at $86. SHIPPING.-Hongkong, Canton and Macaos are still in the market at $261, after sales at 826 and 8261. Indo-Chinas after declining to $121 ander settlement influences have recovered, and are now in request at that figure. Shang. hai quotes Tls. 89 buyers, an advance of Tls. 2 on the lowest point touched during the interval, China and London remaius at £11. 15s. Od.
and M-nilas have sold at $20§ and $20, and are
on offer at $21. request at $34.
now
Douglases contigne in Shell Transports have been 25.00 booked at 21/-, and close steady. Star Feries are quoted $371 and $29 for the old and new issues respectively, but at these quotations there is a prospect of finding purchasers.
8.00
4.30
7.90
8.00
8.30 9.00
Per steamer Oceanien, sailed on 21st March. For Marseilles:- 492 bales raw silk, 200 bales waste silk, 4 packages silk piece goods, 100 cases cassia, 63 bales Taingles cassia, 20 packages hu- man hair, 67 cases ylang ylang oil. 9 cases hats, 4 packages mattings, 2 packages sundries. For Lyons:-206 bales raw silk.
Per P. & O
steamer Malta, sailed
On 25th
March. For London :-8 cases private effects, 20 cases opium, 2 packages silk private goods, 106 bales raw silk, 8 packages black woodware, 28 cases chinaware, 660 rolls matting, 3 cases hats, 2 cases photos and frames, 100 bales bamboo aplits, i bale pierced cocoons. For Lyons:-185 bales raw silk. For Marseilles:-200 bales waste silk, 414 bales
raw silk.
REFINERIES.-China Sugars have sold at declining rates from $225 to $221 ex dividend, mostly for settlement account, but at the close there is a firmer tone, and shares can be placed at $223. Luzone have been fixed at $26, and $27, closing with sellers at the higher rate.
MINING. Raubs have been booked at $3.90 and $4, and more shares are obtainable at the latter rate. Charbonnages are unchanged.
DOCKS, WHARVES, AND GODOWNS.-Hong- kong and Whampoa Docks are easier with sales and sellers at $205. Hongkong and Kowloon Wharves are steady with some sellers at 8107). New Amoy Docks continue on offer at 827. Farnham, Hoyds have improved, and after sales up to Tis. 149 cash, are now quoted Tls. 150. For July delivery a sale is reported at Tls. 158. Shanghai and Hongkow Wharves have con- siderably appreciated, and sales are reported from the North at Tls. 165 ex the final dividend of ils. 6 on the old, and Tls. 3, on the new shares for 1904 working, paid in Shanghai yes-
Per F. & O. steamer Malacca, sailed on 29th March. For Glasgow:--9 cases chinaware, 3 cases private effects, 1 case ginger For London-terday. cases private effects, 1 empty iron drum, 13 bales feathers, 2 cases cigars, 3000 bales hemp, 112 bales canes, 10 casks soy. For Marseilles:-100 bales
warte silk. For Manchester:-110 bales waste silk. For London or Goole:-100 bales waste silk. For London:-2 cases woodware, 58 cases chinaware, 145 roll mate, 8 cases human hair, 2 cases sundries, 100 cases ginger. For Marseilles:
-14 cases human hair.
EXCHANGE.
MONDAY, 3rd March.
.....1/10
1/11 .1/101
ON LONDON.—
Telegraphic Transfer Bank Bills, on demand Bank Bills, at 30 days' sight Bank Bills, at 4 months' sight ...1/101 Credits, at 4 months' sight
1/10 Documentary Bills, 4 months' sight 1/104
ON
PARIS.-Bank Bills, on demand Credits 4 months' sight ÎN GERMANY.-On demand
...231
234
188
LANDS, HOTELS, AND BUILDINGS.-Hong. kong Lands are firmer with buyers at $128- West Points are easier with sellers at $55. Hongkong Hotels are steady at $140 or the dividend of $5 per share for the half year end- ing 31st December, 1904, paid on the 29th instant. Humphrys Estates have been booked at $12, and continue in request. Shanghai Lands are unchanged at Tls. 1·4 sellers.
COTTON MILLS.-Hongkongs have sold, and continue a request at $16. Ewos are quoted in the North at Tis. 32, and Internationals TI-. Laou-Kung-Mows and Soychees are an-
28.
changed.
MISCELLANRors.-China Borneos have be n booked at $14 and $144, and close steady. Dairy Farms have improved to $13 bayers. Green Island Cements are firm at $26} (old) and $164 (new) with probable buyers. Electrics continue in demand, and are now enquired for at $16) and $10 for the old and new issues respectively.