30
COMMERCIAL.
TEA.
HONGKONG WEEKLY PRESS AND
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[July 13, 1926.
Sales of the interval aggregate 7,238 bales. Manchester gooda is still being supplied by the arrivals amount to 14,888, stocks estiulated at Auctions. Prices have ruled very irregularly and 80,000 and sold but uncleared goods. 45,000 bales, ¦ it is difficult to say whether it betokens either an Local Manufacture :-No business is reported. I upward or downward movement. (rey Shirtings. — Japanese Sales of 200 balez Nộ, 208 at $19; ! The private market as regards sales remains a blank. and of 30 bales No. His at $123 are!reported. At Auction 7 lbs. and 8.4 lbs. were mostly easier.
tions, anything over 12 lbs. being weak. The heavier makes were lower with few excep. White Shirtings.-The 64 reels all went in favour of the sellers at Auction, but the buyers had the advatages in the finer and heavier makes. T-Cloths and Jeans.-The small lots of these two makes at the Auctions show a slight improve- ment. Drills.English and Dutch makes are not receiving any attention, but holders of the large stock of American have welcomed the appearance of a demand for the Upper Yaugtsze, and though there are many anxious sellers it is satisfactory to see prices have a firmer tendency.
Hankow, th July, 1906-Business reported doing in either Indian or Chinese kinds, this only Raw Cotton :-- Is steady, but there is very little since the 7th June, is as under :--
sale reported being that of a parcel of 150 halos Superfine. Bengal at $23 Stocks 2.000 hales Indian and 275 bales Shanghai. Quotations are Bengal $20 to $23 and China $22 to $244,
1906. -Chests.
9.009
1985. -Chests.
11471
Settlements The following are statistics at date compared with the corresponding circular of last season, viz., 5th July, 1905,
HANKOW TEX.
TOKOG. -Chests.
Settlements
291,071
Stock
81.487
Arrivals..
...372,558
1906.
KIUKIANG TES
-Chests.
Settlements
Stock
148,472 13,790
162.222
1002. 4-Chests. 847.408 74.047
401,455 1905. 4-Chests. 156,260 25,366
181.626
SILK.
Arrivals
un-
CANTON, - 16th June:-The situation is changed on one side,
eager competition among huyers for a very reduced stock; on the other side, great excitement among holders. Country prices continue to rule very high, and at present exchange rates show a laying down cost which Foreign buyers are unable to approach both for Raw and Waste Silk-Stock of Silk in Canton: 300 bales,
Quotations are :-
OPIUM.
HONGKONG, July 12th. Allowance net to 1 catty.
.$950 to per picul.
Malwa New
Malwa Old
Malwa Older
.$1000 .$1050.
to
do.
to
do.
Malwa Very Old $1100
to
da.
Persian Fine Quality.$750 to
do.
Persian Extra Fine ...$800
to
Patna New
$882! to
Patna Old
.3852) to
Benares New
$8071 to
do.
to
do.
Benares Old3
la. per chest.
10.
RAW COTTON. HONGKONG, 13th July-Fair business at last rates. Stock about 1,200 bales. Bombay...
$18.00 to $20.00 per pel. Bengal (New), Rangoon 21.00 to 23.50
27.00
and Dacca Shanghai and Japanese...26.00 ta Tungchow and Ningpo ...26.00 to 27.00
- Reported sales, 225 bags.
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Exchange on India has fluctuated slightly and cluses firm to-day at $158) for T T and Its. 15 for Post. On Shanghai 721 and on Japan 10344
The undernoted business in imported and lentil spinnings is reported from Shanghai during the fortnight ended the 7th instant, viz:--
Indian-Market lifeless during the first part of the interval. Subsequently a change for the better has taken place, and sales of close upon 25.000 bales, Loth spot and to arrive, have been effected at an advance of 1 to 3 taels. Estimated stock 915,000,
Japanese-Total sales about 5,000 bales on tḥu hasis of Ta. 864 to Tls. 94 for No. 16s and Tls. 97 to 105 for No. 20s, prices showing an improve ment of 1 to 2 taels. Close strong.
Local:-Have participated in the general im- provement and contracts of about 8,000 bales have been entered into at Tls. 83 to 87 for: No. 1 s and Tls, 85 to 87! for No. 1is.
bales.
PIECE GOODS.
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MISCELLANEOUS EXPORTS.
HANKOW, 4th July, 1906:-The prices quoted are for the net shipping weight excluding cost of packing for export :-
Cowhides, Best Selected.....
Do. Seconds Buffalo Hides, Best Selected Goatskins, untanned, chiefly,white color Buffalo Horns, average 3-this, each White China Grass, Wuchang and or
Poochi... WhiteChinaGrass, Sinshan and/orChayu
Green China Grass, Szechuen
Jute
White Vegetable Tallow, Kinehow White Vegetable Tallow, Pingchew
and/or Macheng
White Vegetable Tallow, Mongyu Green Vegetable Tallow, Kiyn Animal Tallow
Gallnuts, usual shape
Do. Plum do. Tobacco, Tingchow
Do. Wongkong Black Bristles
Feathers, Grey and.or White Duck
"
Wild Duck
Turmeric Sesamum Seed Sesamum Seed Oil Vegetable Tallow Seed Oil. Wood Oil Tea Oil
(
Per picul. Tls. 36.00
"
11
31.00
17.50
με
"
(nom.)
8.00
12.50
11.75
+9
13.00
11
6.50
11
.10.50
15
10.30
9.50
9.00
*
10.00
15.60
18.50
9.00
11
11.00
11
(nom.)
(
29
3.50
Th
4.00
7.60
(nom).
8.40 10.00
Per steamer Zieten, sailed on 5th July. For Suez:--100 cases cassia, 1 case grass cloth. For Naples: 150 bales waste silk, 100 cases cassia. For Genoa :--450 cases cassia, 62 bales raw silk, 10 cases camphorwood trunks. For Antwerp:-- 50 bales bamboo. 7. cases blackwoodware. Antwerp or Rotterdam:-90 bales feathers, Rotterdam:-107 bales canes, 100 matted pack- ages tea. For Bremen:-105 rolls matting, 100 bales feathers. For Hamburg-235 bales fea- thers, 90 rolls matting, 23 cases blackwoodware,
Messrs. Noel. Murray & Co.'s Report on the Shanghai Piece Goods Trade, dated Shanghai 5th July, 1906, states:-The weather did not remain settled very long after we wrote our last report, and for the best part of the interval it has been very typhoony and the rains worse than ever. This has naturally much interfered with trade, besides which the first two days of the week wege Hank Holidays. However, these interruptions do not appear to have affected the Natives so much as might have been expected, for orders from both the West and North began to come in with some freedom, and found a market only too- willing to entertain business. At first a few thousand bales were taken at the low prices recently current, but soon holders gained heart and asked for an advance, and it is estimatel that the later purchases amounted to 25,000 In American goods that have heen sold by second hand holders prices show an advance of from two to three mace. The demand at first seemed to be for Drills for the Hankow market. but this was soon followed by purchases of sheetings for Chefoo and Kiauchow, and Tientsin followed suit. Although the market in New- chwang is said to have improved no orders have been received from thence, on the contrary, it is reported goods were bought there for reshipment to this market and have been resold here for other markets at a handsome profit In English makes the enquiry has continued very dull, though the payments for goods due at the close of the half-year were on a fairly freq scale, but we fancy a large amount of renewals of drafts had to be arranged. Exchange keeps uncomfortably high and is the principal cause of the want of considence in the market. An improvement is noticeable in the freight applications both for the River and Coast Ports. The Native Merchant are buying from hand to month from stock and Shipping it off, but there is not the slightest dis $9.50 to $10.25 ex-ship, steady enquiry for either Corea or Newchwang, the position for forward business. There is little Yubari Lump...$12.00 nominal. Miiki Lump $12.00 nominal.
merchants for home markets holding fair stock Moji Lump $7.25 to $10.00 ex-ship, steady.
here waiting for a chance demand to appear. The Manchester Market is still quiet, but perhaps Moji unscreened$7.50 to $8.50 ex-ship, steady.
trifle firmer. There is little or no enquiry for Akaike Lump...$9.50 to $9.60 steady. Bengal
China and the Export figures are getting lighter, being only 24,000,000 yards of Plain Cottons for the month of June to China and Hongkong, hut the shipments of Yarn to Shanghai have increas ed to 1,500 hales. The Liverpool Cotton market is easier for both staples, Mid-American being 6.06d., and Egyptian 101d. There is still a great lack of news from the States, both as regards the market for Piece Goods and the new Cotton Crop. but concerning the latter the usual rumours if damage at this period of the growing are being promulgated. The market for imported Yarns haGrapes been more active and prices are firming up at last.
COAL.
Messrs. Hughes and Hough, in their Coa Report of 28th June, state that 20 steamers are expected at Hongkong with a total of 80,200
tons of coal. Since June 28th. 15 steamers have arrived with a total of 51,000 tons of coal. The Report also states that the market generally remains very quiet.
Cardiff. Australian
.$15.00 ex-ship, nominal.
19.00 to $9.75 nominal.
YARN.
Mr. P. Eduljes in his report, dated Hongkong, 13th July, states:-A sudden demand from the country has set in, and a fairly large business is in course of transaction. Buyers, after holding off for A considerable time, appear to have accepted the situation, but strenuously stand against any advance in price: holders on the other hand appear willing sellers and are eeting Quotations buyers freely.
are unchanged. Arrivals during the interval have been large and with smaller off-take stocks show a small increase on last estimate. Deliveries show considerable improvement, but are solely confined to cheap yarn, the old high priced purchases of the beginning of the year being still neglected. The panic amongst some dealers still continues, but a teu- porary lull is for the moment being experienced, I Bombay is reported strong.
he continuous rains must have a bad effect on the Cotton Crop here, and that, as much, if not more than the small amount of buying that i
being done by the Mill, is no doubt causing the advance in prices. Returns of Stocks.--We are pleased to hear these are being made with very commendable promptitude, and it is hoped they will be completed in time for publication in our next. What demand there is from first hands for
For For
cases feathers. For London:-100 cases palm leaf fans. For Copenhagen:-12 cases bristles.
Per M. M. steamer Tourane, sailed on 10th July. For Marseilles-158 bales raw silk, 150 hales waste silk, 1 case silk piece goods, 58 pack- ages human hair, 6 cases feathers, 110 bales bam- packages tea, 8 casea ylang ylang, 4 cases hats, boo, 9 cases provisions, 5 cases cotton goods, 114
cases sundries. For Lyons:-210 hales raw silk. For Milan:-20 bales raw silk.
HONGKONG QUOTATIONS, HONGKONG, 4th July, 1906.
Apricot Borax
Cassia
Cloves Camphor Cow Bezcar Fennel Seed Galangal
Kismis Glue
$80 to $21
$18
11
$34
"
$135
1
.$120 $130
.$9
.$17
83.
**
.818 $24
19
Olibanum
Oil Sandalwood
.$10
$2
"85
Rosa.... Cassia Kaising Senna Leaves Sandalwood Saltpetre
.$8.17 21
13
.$250 $325 $50 $160 $167
17
11
$28
2.$10.50,
$30