8109
¿
466
HONGKONG WEEKLY PRESS AND
Again, during the last six months, trade has been steadily recovered from the slump reported last overdone in anticipation of the opening of the Man-week, the latest Liverpool quotation for Mid. churian markets, and whereas at the beginning of American being 6.40d, and 81d for Egyptain. No the year our unsold stock stood at 22,000 bales, telegrams concerning the market in New York we have now to start with 84,000 next year.
have come to hand, but cotton has recovered there Despite these drawbacks, our importers on the as well. The last inward Mail brought the British whole have not done badly during the past year,
Trade Returns for October, the Exports to China for although velies here have not responded and Hongkong for the ten months being as generally to the minced cost in Bombay, the follows:- steadiness of silver and rise in exchange have more than covered the loss in prices. At the beginning of the year Rupees stood at 1451 and are quoted to-day at $153,
Of Chinese dealers have not, unfortunately, fared so well as the importers, as throughout the year the country markets have been irresponsive, but with cheaper foodstuffs, depletion of stocks and restricted arrivals, it is to be hoped some of the asperities of the year will be toned down, and trade in the country resume its normal condition. In common with the rest of the cotton mill
industry throughout the world, the year just past has been a red letter period to the mill industry of India. Cheap Cotton and steady silver has been a perfect God-send to some of them. Mills which were on the point of closing their doors at the end of 1904, have turned over a new leaf, Whilst almost all are now working full time, having secured advantageous contracts up to the end of 1906, the profits in the several instances ranging from Rs. 20 to 40 per bale.
Cotton Goods Yards. Value.
Yards, Value. 311,995,900 3,256,519 174,726,400 1,811,609 188,832,600 2,204,947 123,625,800 1,590,720 29,460,000 371,700 22,155,600 293,170 135,895,100 2,515,061 106,414,100 2,253,687
Grey White Printed Dyed
Total
668,1 3,500 £8,579,237 426,948,900 £6,035,194 The yarn markets are as bad as that for Piece Goods, and again there is only a retail business to report in Indian Spinnings. Prices are con- sidered steady. Japanese are easier, and also the higher counts of Local yarns. A contract for 5,000 bales No. 168, has been made by one of the
Native owned mills. Raw Cotton shows but little change. Re-Exports to Newchwang--The most noteworthy feature of this is, of course, the enor mous strides American goods have made, while in English makesJeans show up by far the best, but the total of all kinds do not amount to a fourth of the former. Grey Shirtings.--None but the Auction sales to report on. For 7 lbs. prices were lower, from one to three per cent. only showing a slight advance. 8.4 lbs.-Weat irregularly, prices rang-
On 30th June last there were in India 191 millsing from twelve candareens decline to soven can- working u,118,121, spindles, and 45,337 looms, of which Bombay Island and Presidency claimed 133 mills, 3,565,655 spindles, and 34,287 looms, giving employment to 123,332 hands and consum- ing 1,253,498 bales of cotton.
No signs whatever of the long expected country demand are apparent, and only a small hand-to- mouth inquiry has been experienced during the past fortnight, at prices ranging from $1 to $14 per bale under previous quotations. Holders do not appear anxious, being strengthened by tele. graphic advices from Bombay, while on the other hand dealers are holding off entirely, in the hope of forcing importers to accept further concessions. Arrivals during the interval exceed clearances, stocks showing a further heavy increase.
Sales of the fortnight aggregate 2,115 bales, arrivals amount to 8,844, unsold stock estimated at 84,000 bales, and sold but uncleared goods 80,000.
Local Manufacture:-
-A sale of 300 bales No. 108. at $105, is reported.
Japanese Yarn:-Nothing doing.
Raw Cotton-Holders have come down in their ideas of value, and are easier in their ratos, and at the decline a fairly large business has been induced, say 750 bales at $20 to $214, leaving a stock of 600 'bales on the market.
About 250 bales Thoongchow are reported sold at $24 to $25. Stock 250 bales. Quotations are, Indian $20 to $23 and China $23 to $26,
Exchange on India continues steady and closes to-day at Rs. 152 for T/T and Rs. 153 for Post. On Shanghai 71 and Yokohama 99.
The undernoted business in imported and local spinnings is reported from Shanghai during the fortnight ended the 22nd instant, viz:-
Indian :-Quiet in the first week of the interval owing to the decline in exchange, but at the close there has been some enquiry for Tientsin, and sales to the extent of 1,250 bales are reported. Estimated unsold stock about 75,000 bales.
Japanese-Continue in demand and about 2,600 bales have changed hands on the basis of Tls. 90ļ to 964 for No. 168, and Tls. 101 to 103 for No. 20s. Local:-A contract of 5,000 bales Nos. 168. at Tls. 89 has been put through by a native mill.
PIECE GOODS.
Messrs. Noel, Murray & Co.'s Report on the Shanghai Piece Goods Trade, dated Shanghai,
dareens advance, though in most cases it was very alight. Heavy Weights.-About the same re- marks might apply to these, but the advances were less frequent. White Shirtings.-These show remarkably little change. 64-reeds were slightly firmer and also two or three chops of the
best 72-reed. White Irishes are still weak. T-Cloths and Drills.-There is no movement re- ported in these makes. Fancy Goods.-The ten- dency was decidedly weaker at the anction this morning for Fast Black Italians, though tea cloths did show a slight advance. Turkey Reds were also weaker at auction.
Woollens. There are fitful demands for certain chops and colours of Camlets, when prices may be a little firmer, while for others they are very weak. For Long Ells, Lastings, and Spanish Stripes the tendency Cotton Yarn-Indian.-There is little of interest to report, there being only a desultory demand for the River markets, but the prices are fairly steady.
is lower.
per bale $90.00 to $128.00 140.00 to 160.00 160.00 to 185.00 167.50 to 175.00 180.00 to 190.00
MISCELLANEOUS IMPORTS. HONGKONG, '29th December.-The prices ruling are as follows:-- COTTON YARN-
Bombay-Nos. 10 to 20, English-Nos. 16 to 24, 22 to 24, 28 to 32, 38 to 42, Reported sales 18,000 bales. COTTON PIECE GOODS-
Grey Shirtings-6 lbs. 7 lbs.
21st December, 1905, states:-Business has been practically at a standstill during the week owing to the serious rioting which started on the 18th instant, still further hampering the trade of the Port. The auctions, particulars of which will be found below as usual, have monopolised all that has been done in goods from stock, while all for- ward transactions and indenting are suspended. Thero is no news from the North, both New- ohwa g and Tientsin being, apparently, closed. The: River Ports are doing nothing in the way of ordering fresh supplies, while on the other hand there are sinister rumours of unrest amongst the Natives there as well. What news has come from Manchester reports a slightly easier market, but no one here is inclined to buy anything at present. The general opinion is that after their recent axperiences the native dealers will not care to do any more indenting until the Spring by which time it is hoped they may have got rid of some of their accumulated stocks. Cotton has >
"
19
"
8.4 lbs.
per piece $2.20 to $2.25 2.30 to 2.40 3.00 to 4.00
9 to 10 lbs. ... 4.10
11
+1
3.80
to 5.30
to
to
White Shirtings-54 to 58 rd. 2.80 68 to 60 3.10 84 to 66 Fine
8.10 to Book-folds 5.30
Victoria Lawns-12 yards 0.80 T-Cloths-6lbs. (32 in.), Ord'y. 2.20 7lbs. (32,, ),
3.00
3.60
to 5.40 8.00 8.10
3 3 3 3 3 3 3 3 2 3 3 3 3 3
to
to
1.00
to
2.30
to
2.90 to
3.00 to 2.70 3.20
2.70
6lbs. (82,, ), Mexs. 2.25 7lbs. (32 ).
1
"
8 to 8.4 oz., (38 in.)3.25 to Drills, English-40 yds., 13
FANCY COTTONS- to 14 lbs.
5.10
to
3.80
8.00
Turkey Red Shirtings-14 to ? 8 lbs. (
1.75 to 3.70
per yard ,0.131 to 0.16 0.09 to 0.30 0.23 to 0.45 0.21 to
0.25 per dozen
Brocades-Dyed Chintzes-Assorted Velvets-Black, 22 in. Velveteens-18 in.
Handkerchiefs-Imitation Silk 0.52 to 1.00
per yard Spanish Stripes-Sundry chops 0.63 to 2.00
WOOLLENS—
German.. Habit, Med., and Broad Cloths 1.20 to
Long Ells-Scarlet, 7-9 lbs.
Assorted Caplets-Assorted. Lastings 80 yds. 31 inches)
Assorted
...... J Orleans Plain, 81 in.
3.00 per piece 7.75 to 8.90 7.9 to 9.05 20.00 to 31.00
18.00 to 21.00
Blankets-6 to 12 lbs. METALS— ←
Iron-Nail Rod
[Decefiber 30, 1908.
per lb.
0.60 to
1.60
per picnl.
4.25.
.to.
4.30 to
4.60 to
Square, FlatRoundBar(Eng.)4.20 to
Swedish Bar
Small Round Rod
Hoop to 14 in
Wire, 16/25 02.......
Wire Rope, OM
.6.50 to
9.50 to
to
• 8.00 Lend, L.B. & Co. and Hole Chop.11.20; to
Australian
.11.20 to Yellow M'tal-Muntz 14/20 oz.48.00 Vivian's 14/20 os.43.00 Elliot's 14/20 oz.43.00
Composition Nails.
Japan Copper, Slabs.. Tin.
- .. -..་
Tin-Plates
Steel to
Quicksilver
Window Glass
to
to
to
to
to
....87.00 to
per box
7.00 to
per cwt, case
tó
per picul
120.00
to
5.00
per box to
HONGKONG QUOTATIONS. HONGKONG, 29th December, 1905.
Apricot
Borax Cassia Cloves...... Camphor.
Cow Bezoar Fennel Seed Galangal... Grapes.... Kismis... Glue.. Olibanum
Oil Sandalwood
Rosa Cassia
Raisins Senna LeaVOS. Sandalwood Saltpotre...
.$27 to .$141 $17 $14 $19
"
.$35
.$142
.$138
*
$6
JA
12
.$7.
.$16 J# .$18
$18
$27
$23
11
$2
$15
JJ
$350
"
"
$270 $50
$25 $10.50 "
.$2
$160
"
"
$5 .$24 $29 $11.90 $12.20
MISCELLANEOUS EXPORTS.
Per steamer Prins Heinrich, sailed on 20th. December. For Aden:-50 cases cassia. For | Beyrouth :--50 cases Cassia. For Naples:-50 cases cassia buda, 50 half-chests tea, 4 cases effects. For Genoa:-337 bales raw silk, 55 cases bristles, 1 case hats. For Antwerp:-112 bales feathers, cases chinaware, 5 cases human hair, 5 cases blackwoodware, 3 bales leaf tobacco, 1 case cigars. For Antwerp or Hamburg: 65 cases bristles, 50 bales feathers. For Antwerp or Hamburg or London :-5 cases bristles. For Amsterdam -17 cases chinaware, 12 rolls matting. For Rotter- am:-10 cases chinaware. For Bremerhaven :-· 12 cases human hair For Bremen:-153 bales feathers, 3 cases goigs For Hamburg;-446 bales feathers, 89 rolls matting, 27 bales teamats, 25 cases bristles, 23 cases cigars, 20 cases essential bil, 20 cases preserves, 15 cases human hair, 14 cases feathers, 11 cases blackwoodware, 4 cases chinaware, 2 cases silk. For Copenhagen :-184 bales feathers. For Stockholm:-2 cases china-
ware.
Per M. M. steamer Armand Behic sailed on 28th December. For Marseilles-225 bales raw silk, 200 bales waste silk, 2 cases silk piece goods, 28 bales human hair, 8 cases porcelain. For Lyone 398 bales raw silk, 1 case tea. For London :-+ 15 bales raw silk. For St. Etienne-10 bales taw silk.. For Messina:40 bales waste silk. For Barcelona-17 cadde silk piece goods, 2 cases lans. For Buenos Ayres:1 case silk piece goods, cases sandalwoodwar, case porcelain, 1 case lacquered ware. For Tamatave:-5 cases provį.
For Diego Suarez:--9-cases provisions.
sions.
FREIGHT.
Messrs. Wheelock & Co Market Report, dated Shanghai 21st Deo,, 1805, stafes:--Our Homeward. Freight Market remains dull and without change since our last. Coastwise:This market remains weak with very little doing. Coal rates have dropped again and are now between $1.00 with very little demand.
E
1.