180
COMMERCIAL.
OPIUM.
HONGKONG, 8th March.
Quotations are:-Allowance net to 1 catty.
per picul.
Malwa Now
$1000 to
Malwa Old
$1050 to
do.
Malwa Older
$1100 to
do.
Malwa Very Old
$1170 to
do.
Persian Fine Quality $1050
to
do.
Persian Extra Fine... $1100
to
Patna New
Patna Old
$895 to 8875 to
lo.
.$837} to $820 to
12.
do.
Benares Now
Beuares Old
do. per chest.
COAL. Messrs. Hughes and Hough, in their Coal Report of Mar. 8th, stite that 14 steamers are expected at Hongkong with a total of 57,050 tons of coal. Since February 22nd 14 steamers have arrived with a total of 30,650 tons of coal. Quotations:-
Cardiff. Australian
.$15.00 ex-ship, nominal. ......$9.50 $10.25 ex-ship, steady. Yubari Lump...$12.00 nominal.
Miiki Lump Moji Lump Akaike....... Bengal...
...$11.0 to $12.00 steady,
.$9.00 to $10.00 steady.
$9.75 to 810.00 steady.
.*9.00 to 1975. nominal.
COTTON HONGKONG, 9th March. :-Small sales only. Market quiet. Stock about 800 bales. Bombay..
$18.00 to $20.00 per pcl. Bengal(New), Rangoon
20.00 to 23.50
and Dacen
Shanghai and Japanese... 26.00 to 27.00 Tungchow and Ningpo 26.00 to 27.00
Reported sales 250 bales.
YARN.
"
Mr. P. Eduljee in his report dated Hongkong, 9th March, says:-The market has continued almost lifeless throughout the past fortnight. Settlements are estimated at a little over 600 bales, the majority being booked in the earlier part of the interval, if indeed some portion are not old purchases just reported, rates showing a further small depreciation. Under ordinary circumstances dealers would not have been slow to take advan- tage of the situation, but having still on hand a considerable quantity of costly yarn for which they cannot find an outlet, they have refrained from tampering with the market. Importers, on the other hand, despite a decline of 2 points in Rupee exchange, are very anxious and impatient sellers, and what with a dull country market, incessant heavy arrivals, and increasing stocks, we
are
now passing through a period of intense depression. Bombay is reported very firm.
The question of clearance is now giving some concern to importers-deliveries in soute instances being delayed 12 to 14 mouths-and it is generally felt that unless there is a very marked improve- ment in the country demand as well as in the off- take for shipment, the steady increase of stocks, both in first and second hands, will play no unim- portant part in bringing about, sooner or later, u serious collapse of the market.
Sales of the fortnight nggregate 637 bales, arrivals 17,574, stock estimated at 85,000, and sold but uncleared goods in the hands of dealers, 45,000 bales.
Local Manufacture :-Sales of 100 bales each of Nos. 108, 128 and 168, are reported at $104}, $106! and $119 respectively.
Japanese Yarn:-Nothing doing.
Baw Cotton:-Notwithstanding meagre stocke and trifling receipts, the raw material continues to move very slowly owing to the dullness in the market for yarn. Sales reported are 75 bales Bengal at $22, and 75 bales China at $24 to $25. Unsold stock 365 bales Indian and 170 China, Quotations are Indian $20 to $29] and Chinese $22 to $25.
Exchange on India has continued to decline and shows a drop of 21 points during the interval, closing weak to-day at Rs. 162 for T/T and Rs. 162 for Post. On Shanghai 71, on Japan 991.
The undernoted business in imported and local spinnings is reported from Shanghai during the fortnight ended the 24th ultimo, viz:-
Indian:-Market quiet and weak, total rales 4,500 bales at a decline of 1 to 3 Taels; unsold stock 68,000 bales.
Japanese-Market firm, total sales 2,700 bales on the basis of Tis. 92 to 100} for No. 168, and Tis, 106 to 108 for No. 20s.
Local:-No business of importance, market closing firm.
HONGKONG WEEKLY PRESS AND
PIECE GOODS.
[March 10, 1936.
MISCELLANEOUS EXPORTS. HANKOW, 28th Feb., 1906:-The prices quoted are for the net shipping weight excluding cost packing for export :—
Cowhides, Best Selected...
Do. Seconda Buffalo Hides, Best Selected. Goatskins, untanned, chiefly white color Buffalo Horns, average 3-llis, each ... White China Grass, Wuchang and/or
Poochi... WhiteChina Grass, Sinalian and/orChayu
Messrs. Noel, Murray & Co.'s latest Report on the Shanghai Piece Goods Trade, dated Shanghai, 2nd March, 1906, states:-The weather comnienced to clear up two days ago, after an al- most continuous spelf of three weeks' rain, dur- ing which time the fall amonated to nearly seven and a half inche2. Since its cessation trade lins | greatly improved, although deliveries are very much hampered by the crowded state of the Go- downs. The departure of the Tientsin steamETS has been postponed for a day or two, and unfor- tunately the quantity of goods required seems likely to be much less than it was at first expected to be. This it is understood is to some extent due to the determination of the local Steamer Companies tɔ charge the same high freight as last year. It was thought at first there would be considerable opposition by Japanese boats and that tonnage would be much cheaper, but in this shippets have been disappointel, though there is little doubt but that these high rates will encourage competi tion, and in anticipation of that cargo is likely to be held back as much as possible. So far as we can learn from the Shipping Hongs the first few steamers will only carry about 15,000 bales of Piece Goods from the stock here, and four hund-Feathers, Grey and/or White Duck
red tons American Domestics that have been waiting for transhipment hence. This will be a great disappointment to holders, for the congested state of the Godowns is getting worse and worse. There is not much news concerning the state of the Peiho, and nothing yet as regards New- chwang. The air has been full of rumours con- cerning the critical state of things at the Capital, but so far nothing of any importance has transpired. The home markets appear to be | keeping remarkably strong on the whole, albeit some staple makes are quoted a trifle lower. Meanwhile Cotton in Liverpool is slowly but steadily declining, the last quotation for Mid American being 5,69d.; that förEgyptian, however, remains the same, namely 8d. Telegraphic advices from New York during the interval have been singularly scarce, both as regards the market for goods and the price of Cotton. Deliveries for the River Porta and nearer markets are showing a gradual improvement, but the demand is still much below normal. Business here is dull to the verge of stagnation, many attributing it to the anomalous state of sterling exchange. As was anticipated the Bankers here have found it impossible to keep it so much below the parity of Silver, as was the case until recently, and thus there still remains a great deal of uncer- tainty. The Yarn. market was rather more active in the early part of the interval, but the demand has died out and quietness prevails at the close. Native Cotton is easier.
MISCELLANEOUS IMPORTS. HONGKONG, 9th March. The prices ruling are as follows:- COTTON YARN
Bombay-Nos. 10 to 20, English-Nos, 18 to 24,
**
22 to 24,
28 to 32. 38 to 42, Reported sales 1,500 bale”. COTTON PIRCr Goods-
Urey Shirtings-6 lbs.
+
per bale
...k
Green China Grass, Szechuen Jute White Vegetable Tallow, Kinchow White Vegetable Tallow, Pingchew
and/or Macheng White Vegetable Tallow, Mongyu Green Vegetable Tallow, Kiyu. Callnuts, usual shape Animal Tallow .......
Do. Pinu Tobacco, Tingchow
do.
Do. Wongkong Black Bristles
Turmeric
Sesamum Seed
Per picut Tls. 38.00
33.80
18.60
65.00
"
12.50
"
11.50
**
18.00
**
4.50
9.50
"
.9.00
**
****** "
8.50
8.70
*
30.00
16.80
18.60
9.00
"
11.00
**
115.00
J
"
(nom.)
Wild Duck dan 19
尊师
3.50
$4.00
"
7.60
11
"
(nom.)
8.60
11
10,00
..
Sesamum Seed Oil Vegetable Tallow Seed Oil. Wood Oil ...... Ten Oil
Per steamer Zieten, sailed on 28th February. For Adon:-750 baga şugar, 100 cases cassia, 50 rolls chinaware, 50 cases preserves, 50 bags galangal, 1 case silverware, 1 bale isinglass. For Odes 8-10 cases palm leaf fans, 2 cases bristles. For Naples:- 25 cases staraniseed. For Genoa: -352 bales raw silk, 25 cases cassia buds,
25 cases starauiseed, 16 rolls malting, 6 cases chinaware.
bamboo For Antwerp:-50 bales scraps. For Amsterdam:-66 cases preserves, 2 cases blackwoodware. Antwerp or Hamburg: 10 cases bristles. For Rotterdam:-100 bales feathers. For Bremen:-117 rolls matting, 8 bales canes, 7 cases curios, For Hamburg-711 bales feathers, 500 bales cassia, 200 cases cassia, 100 cases essential oil, 56 cases chinaware, 38 cases blackwoodware, LU cases human hair, 5 casos. feathers, 1 case curios. For Copenhagen:-250 cases cassin, 234 rolls mats, 31 bales canes. For London:-375 rolls matting.
Por M. M. steamer Tourane, sailed on 6th Mar. For Marseilles:-156 bales raw silk, 3 cases silk piece goods, 9 bales human hair, 2 cases cottons, 2 cases porcelain, 7 cases ylang ylang oil, 9 cases hats. For Lyons:-451 bales raw silk. For London:--3 cases hats.
$90.00 to $128.00 140.00 to 160.00 160.00 to 165.00 ON LONDON.- 167.50 to 175.00 180.00 to 190.00
per piece $2.20
to $2.25 2.30 to 2.40 3.00 to 4.00 9 to 10 lbs. 4.10 to 5.30
7 lbs. .... 8.4 lbs.
"
"
White Shirtings—54 to 56 rd, 2.80 to 3,00 58 to 60 3.10 to 3.60 64 to 66 8.80 to 5.40 Fine.
6.10 to 8.00 Book-folda 5.30 to 8.10 Victoria Lawns-12 yards 0.80 to 1.00 T-Cloths-Ulbs. (32 in.), Ord'y. 2.20 to 2.30
7lbs. (32 ).
2.70 to 3.00 0lbs. (32 ), Moxs. 2.25 to 7lbs. (32 ).
2.00 to 8 to 8.4 oz., (36 in.)3.25 to 3.80 Drills, English—40 yds., 13‡ {
5.10 to 8.00 to 14 lbs. FANCY COTTONS-
"
"
Turkey Red Shirtings—14 to?
8 lbs.
EXCHANGE.
Documentary Bills, 4 months' sight2/17
On demand
ON NEW YORK.—
Fank Bill-onde nan l Credits, 60 days" sight
UN BOMBAY.—.
FRIDAY, 9th Maroh,
Telegraphic Transfer Bank Bills, on demand Bank Bills, at ¿0 days' sight
24%
.2/01
...2/0.
ON LONDON.
Blok Bills at 4 months' sight
.2/01
Credits, at 4 months' sight .............
.2/0
ON PARIS
Book Bi ls, on demand
..2501
Cr-dits 4 months' sight
.260)
ON GERMANY. ------
.209
.491
501
****
1524
.152)
.152)
.162
711
1.70 to 8.73
721
ON YOKOHAMλ.—On demand......
991
ON MANIL‚—On demand
991
ON SINGAPORE.-On demand ...151
p.c.pm.
ON BATAVIA,--On demand
1224
ON
31.p.c.pm.
ON BAIGON —On dema ·d.... ON BANGSOK.—On demand:....
p.o.pm.
610
SOVE ‹RIGNS, tank's Baying Rate ...89.50
Gold Leaf, 100 fine, per tael Bar Bulvser, Pooz
1851.03/3
2.70
8.20
per yard
Brocades-Dyed
0.12 to 0.15) Chintzes-A rted
0.09 to 0.30 Velvets-Black, 22 in. ......... 0 22 to 0.50 Velveteena-18 in. ................................... 0.22 to 0.28
per dozen Handkerchiefs-Imitation Silk 0.56 to 1.20
per yarl Spanish Stripes-Sundry chops 0.70 to 2,00
German..
WOOLLENS-
Habit, Med., and Broad Cloths 1.25 to 3.50
Telegraphic Transfer Bank, on demand..
ON CALCUTTA,---
Telegraphic Transfer
Bank, on demand
ON SHANGHAI.—Bank, at sight
Privat, 80 dava' right
•
AIPHONG.—()¥ demand