338

-COMMERCIAL.

TEA.

HANKOW, 17th May.-The first musters of Keemun were offered on the 15th instant and though business has been done no settlements have been reported :--

Settlements...

1905. -Chests.

1904.

nil.

-Chests. 119,846

The following are the statistics at date compared with the corresponding circular of last season viz., 18th May, 1904 :—

HONGKONG WEEKLY PRESS AND

OPIUM.

HONGKONG, 27th May. Quotations are:- Allow'ce net to 1 catty.

$1130 to per picul.

do.

Malwa New Malwa Old

Malwa Older

Patna New

$1180 to

81240 to

ძი.

Malwa V. Old...

$1320 to

do.

Persian fine quality ...$980

to

do.

Persian extra fine.

$1000 to $11071

do.

Parna Old

S

to to

per chest.

do.

Benares New Benares Old.

$1070 to ...

to

do.

do.

1905.

-Chests

1904.

Chests. -

nil.

73,194

nil.

69,305

Arrivals

nil.

142,499

1905.

1904.

11

KIUKIANG TEA.

-Chests.

-Chests.

Settlements... Stock

nil.

nil.

46,652 59.549

$1

Arrivals

*

34,416 106,201

SILK.

HANKOW TEA.

Settlements...

Stock

[May 29, 1905,

The New York market is equally strong, in fact judging by the lack of offers a certain amount of indifference concerning this trade is now being falt. Cotton is higher, 7.70 cents for June and 7.80 cents for July. Picoe Goods.—Outside of the Auctions there has been very little doing, although the stock of available cargo is increasing. Clear- ances latterly have shown a serious falling off, partly due no doubt to the excessively wet weather. The dealers are now calling attention to the semi-annual settling day, which falls about three weeks hence, and say that until than the market must be very qinet.

MISCELLANEOUS IMPORT.

HONGKONO, 19th May.-The prices ruling

With almost no change Stock has been done.

are as follows :~~-

COTTON YARN→→→

Bombay-Nos. 10 to 20, ... English-Nos. 16 to 24.

per bale

90.00 to

128.00

140.00 to

22 to 24.

160.00 to

160.00 165.00

28 to 32,

167.50 to 175.00

38 to 42,

|

COTTON. HONGKONG 19th May: in rates a fair business about 3,500 bales.

Bombay.

Bengal(New), Rangoon

and Dacen

$19.00 to 21.00 per pel.

20.00 to 23.50

Shanghai and Japanese, 25.00 to 26.50 Tungchow and Ninepo, 25.00 to 26.50 Reported sales 750 bales.

PIECE GOODS.

Messrs. Noel, Murray & Co., in their Report on the Shanghai Piece Goods Trade, dated Shanghai, 18th May, 1905, state-There is certainly no improvement to advise in the situation of our market, in fact the depression is becoming more emphasised, and everything is deadly dull. The same state of suspense that has been prevailing for weeks past still continues, the war dragging on with little indication of its likely termination in the near future, no important engagement. having taken place for over a month now. while the deleterious effects of the preparations for further operations are continuing to be felt by the trade in Newchwang, practically the whole of the available transport appliances being engaged by the Japanese troops at prices which the ordinary trader cannot touch. It is equally futile to attempt to ship via Chingwantao, as precisely the same conditions prevail at Hsimingtung and the cargo can go uo further. Clearances of mer

Mean-

Mesars. A. R. Burkill & Son's Silk Circular, dated Shanghai, 13th May, 1905, states :----The home markets are firm, Gold Kiling is quoted in London at 11.4), and in Lyons at Fcs. 31.50. Raw Silk. During the interval there has been a fair demand from Europe for Tsatlees, and prices have advanced all mound. Stocks are very small and we shall probably see a further advance before the New Season's Silk is available. Yellow Silks.- Very little doing; stocks are reduced to some 800 bales principally composed of second and third choice Silk. Hand Filatures.---A large business has been done for America and the Continent, leaving the market almost bare of supplies. About 800 bales have changed hands. Steam Filatures. Some 600 bales have been bought mostly fine sizes for Europe. Best grades are Waste very scarce and are realizing high prices. Silk. There has been rather more inclination to bay, shown by the home markets, especially forchandise has, therefore, practically ceased for Gum Wastes. About 100 piculs Filature Long Waste has been taken at Tls. 104 net to the filatures.

CANTON, 6th May, 1905.-First Crop.-Has been almost a failure, owing to the unusual cold and rainy weather, which has spoilt both the hatching and the mulberries; scarcely 1,500 hales will be available for export, quality and colour bad, and very hairy against 3,500 bales in 1904 and 5,500 bales in 1903. The weather is now favourable, and the prospects so far are promising for the 2nd crop. Long-reels.-The fortnight under review has been quieter, nevertheless the Dealers are not giving way in their prices. There has been some request for Filatures 18/22 and Natives 11/13-18/15-14/18, but it met a stock almost ex- hausted. From sales made we quote: Fils.-Wing Cheong Sing 11/13 at $945; Yee Wo Loong 911 at $935; Kai Lun Cheong 9/11 at $930; Mee Kee 10/12 at $920; Kwong Wo 10/12 at $910; Kwong Shun Ching 11/13 at $910; Ling Chai 11/13 at $905; Wing Po Cheong 11/13 at $875; Chun Sun Hang 18/15 at $860; Wai King Wo 18/22 at $780; Yee Wo Hing 13/15-14/18 at $740. Short-reels. Have continued in demand, but the small stock here has not responded to the large enquiry from America. $867 have been paid for Hau King Lon 14/16 and $850 for Kwang Wo Tai 14/16. Waste Silk. Notwithstanding the dull market prices are steady owing to the firmness of holders, and the scarcity of stocks. Stock at Silk in Can- ton: 800 bales.

SUGAR.

HONGKONG 26th May.-The prices are the same as when last reported.

Do.

Shekloong, No. 1, White.....$8.90 to 89.00 pels.

2, White... 7.50 to 7.60 1, Brown...... 6.40 to 6:50 2, Brown....

Swatow,

ני

11

Do.

+3

Do.

6.00 to

6.05

No. 1, White .....

8.70 to

8.80

Do.

A+

2, White...... 7.40 to

7.50

17

Do

Do.

1. Brown...... 6.00 to 2. Brown

0.03

5.60 to 5.70 .12.50 to 12.30 .11.70 to 11.80

Foochow Sugar Candy.... Shekloong

B1

י

RICE. HONGKONG, 26th May. The prices are declining market being weak. Saigon, Ordinary

Siam, Field mill cleaned, No. 2

"

**

Round, good quality Long...

Garden,

"

White,

Fine Cargo

No. 1

.$2.45 to $2.70

4.06 to 4.10 4.20 to 4.25

3.20 to 3.25

3.30 to 3.35 4.25 to 4.30 4.85 to 4.40

+

|

Reported sales 10,000 baler.

COTTON PIECE GOODS-

Grey Shirtings-6 lbs.

180.00 to 190.00

per piece 2.20 to 2.25 2.30

to 2.40

i

7 lbs.

8.4 lbs. >

3.00 to 4.00

9 to 10 lbs.... 4.10

to 5.30

17

to White Shirtings-54 to 56 rd. 2.80 3.00 58 to 60 3.10 to 3.60 64 to 66 3.80 to 5.40 Fine.. 6.10 to 8.00 Book-folds 5.30 to 810 to 1.00 to 2.70 to 3.00

Victoria Lawns-12 yards 0.80 T-Cloths-6lbs. (32 in.), Ord'y, 2.20

7lbs. (32 6lbs. (32

},

), Mexs. 2.25

7lbs. (32

1

).

2.90

[1

2.30

to 2.70 to 3.20 8 to 8.4 oz., (36 in.)3.25 to 3.80 Drills, English—40 yds., 13‡# Į 5.10 10 8.00

to 14 lbs. FANCY COTTONS-

Turkey Red Shirtings-14 to

Broc les -Dyed

1.80 to 3.85

8 lbs. í

per yard

0.121 to

0.15

Damasks....

to

Chintzes--Assorted

0.11

to

0.25

Velvets-Black, 22 in. Velveteens---18 in.

0.22

to

0.45

0.22 to

par dozen

0.89

Handkerchiefs - Imitation Silk 0.57 to WOOLLENS-

per yard Spanish Stripes-Sundry chops 0.70 to 2.00

• German

to 0.95 Habit, Med., and Broad Cloths 1.25 to 2.50

0.60

MISCELLANEOUS EXPORTS. HANKOW, My 17th, 1905:-The prices quoted are for the net shipping weight excluding cost of packing for export :-

Per picul. Tls. .34.50

Do. Seconds

Newchwang and its neighbourhood, which is most disappointing, as the indications are that a very brisk business could be done but for these unfortunate interruptions. The temptation to contravene the neutrality laws hy interested parties here-entirely unconnected with the regular trade of the Port-is causing a good deal of uneasiness in legitimate business circles; but it is hoped the precautions the authorities are taking to safeguard the best interesta of the place will he sufficiently effective to obviate any outside interference. There are still sinister rumours of the threatened boycott of American goods in event of the proposed new Chinese Exclusion Treaty not being considerably modified, and we understand tha' during the interval some recommendation has been telegraphed to United Cowhides, Best Selected States Government by Importers here to that end. With the obstructions to trade in the North and the consequent rapid accumulation of goods here, a very awkward situation could be caused if the threat were really carried out. It is not thought, however, that unless there is great provocation, there is likely to be any special action taken by the natives here, who are very little interested in the emigration question. It is satisfactory to note that in response to the invitation from the British Govern hent to furnish proofs of the non- fulfilment of the Mackay Treaty, steps are being taken to enlighten the Authorities very effectu lly. It is confidently stated that no fresh orders for goods for the Hankow market have heen received here since last September. The financial facilities there are greatly curtailed, the Banks refusing to grant more than a fracti n of the former credit, and the merchants have consequently been forced to do likewise with their customers in the

country, which has had a great deal too much rain. The export trade is diminished by the hig Ex- change and the Tea crop is anything but promising. The one redeeming feature is the healthiness of the Tientsin trade. The demand there is brisk

and the fairly free shipments from here have been going readily into consumption. Ningpo is showing some slight signs of life at last, but prices are far from satisfactory. The Manchester market is stronger if anything for staple goods, and any attempts to repeat orders are met with higher quotations. This seems to have had the effect of causing more attention being paid to Prints than for some time past, very fair orders having gone through for comparatively early delivery. Cotton is stronger, the latest Liverpool

quotations being 4.40d. for mid. American and 618d. for Egyptian. The Exports appear to be moderating, being only 18,000,000 yards of Plain Cottons for the fortnight ending the 12th inst.

Buffalo hides. Best Selected Goatskins, Untanned, chiefly white color.. Buffalo Horns, average 3-ths. each White China Grass, Wuchang and or

Pochi...

WhiteChina Grass, Sinshanand orChayu Green China Grass, Szechuan Jute

White Vegetable Tallow, Kinchow. White Vegetable Tallow, Pingchew

and or Macheng

White Vegetable Tallow, Mongyu Green Vegetable Tallow, Kiyu.. Animal Tallow

Gallnuts, Usual shape...........

Do. Plum do. Tobacco, Tingchow

Do. Wongkong Black Bristles Feathers, Grey and.or White Duck

Wild Duck

19

13

"

Turmeric

Sesamuin Seed Sesamum Seed Oil

Vegetable Tallow Seed Oil Wood Oil Tea Oil

30,50

""

17.60

55.00

8.00

11.50

11.00

17

}}

13.00

4.65

1+

9.40

9.20

8.00

11.00

9.50

17.30

18 30

7.50

10.00

++

13

110.00 (nom.)

"

)

3.75

4.20

19

8.40

**

1

(nom.)

8.00

#1

10.00

Per P. & 0. steamer Chusan, sailed on 20th May. For London: -243 boxes tea, 646 boxes tea (from Foochow), 37 bales waste silk, 2 bales silks and silver ware, 2 packages sundries, 60 cases bristles, 3 cases bird feathers, 9 packages

lacquer and curios, &c., I case cigars. For Man- chester: -106 bales waste silk. For Raecelona :—- For Lyons—-161 63 rolls mats and matting. bales raw silk. For Marseilles :—2 cases feathers, 88 dales raw silk. For Gibraltar-1 case silk goo 8,

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