298
COMMERCIAL.
YOKOHAMA MARKET REPORT. The Yokohama Prices Current and Market Report, published by the Yokohama Foreign Board of Trade, and dated Yokohama, October. 15th, 1906, has the following:-
IMPORTS.
EXPORTS.
A
HONGKONG WEEKLY PRESS AND
How-
[October 29, 1908.
Messrs. Arnhold, Karberg & Co.'s Fortnightly Produce Circular, date Shanghai, 15th October, 1906, has the following —-Gallnuts.-Since our last went to press the demand has continued especially for plum-shaped Galls, but generally sterling prices being higher again, owing to the consumers are unwilling to operate at present,
continual rise in exchange, although Tael prices are practically unchanged. Cowhides. The market in Hankow has opened, hut only a very limited business has been done is the meantime.
ed to agree with an up-country correspondent of one of the local newspapers, who pointed out, some three months ago, that China now faces one of the greatest crises of her history. The prices of her produce are changing, Japan and the West buying her cheap products, the prices of which have been very much enhanced. At the same time the new coins in which the lower class people are paid have less purchasing power than the old coins had two years ago, yet the vast multitude Yarns.-The market continues very quiet. of wage-earners still have the old scale of wages. Shirtings.-There is more enquiry, and some for.
And China has to face these financial, political Prospects are that rather high prices will have to ward contracts are reported, but business is made and social changes with an ignorant. clamouring is no change, demand still bears on inferior quality be paid for new season's hides." Tubaceo.—'Thero very difficult by the advance in Manchester values. 400 millions to feed with reports of short crops Fancy Cottons and Woollens. - No change. from all sides. Rather better news from New-
at low prices, whilst best cargo appears to be little improvement is apparent. Metals.- Sub-chwang has come down recently so far as Foreign
rather neglected. Nothing to report yet about stantial advances are reported along all lines from piece goods are concerned, and prices for the Tingchow. Feathers.-Are in poor supply and the Tokyo market, especially in Sheets, Wire, and standard makes have improved somewhat.
the small arrivals find a ready market at improv- Tin Plates; but the majority of cable offers are ever, in spite of the acknowledged moderate stocking prices. Cotton.-Prices are still too high to still being returned as too low for business.
there no orders for fresh supplies have come down admit export on a larger scale. Tallow-Remains Kerosene.--Market firm, Sugar. There is no yet. Confirming what we wrote a week or two
firm for all descriptions and prices asked by the change in the condition of the market. All the ago concerning the alleged brisk trade in Nan-
dealers are so high as to make business quite offers of the Tokyo Refinery, at the auction on keens, or native cloth, we learn from a prominent have transpired, but generally the position is impossible. Wood Oil.-A few small transactions the 6th instant, were withdrawn, the biddings spinner here that the warket in Newchwang is made by the dealers, though showing some glutted with stocks of these goods that are
nearly unchanged, prices asked by the Chinese advance on those of previous occasions, not having absolutely unsaleable, and this of course reflects being much above home values. Strawbraid.--- reached the Refinery's limit. Dealers' stocks on the trade in local yarns here. The complaint stimulated the production, unfortunately to the The high prices for Chinese braids have much 'seem to have been considerably decreased, and with the mills is the present cessation of clear- there is a tendency towards making fresh pur- ances, some of the native owned concerns either
detriment of quality. Supplies of all kinds of chases which is having a strengthening effect on working short time or shutting down altogether.
braids are now again coming along more freely the market. Indigo "(natural).—Nothing doing. And now comes the report that a rich and powerful and Shingkee and Split being most in demand. to this market, Loyeh, Shansi Mottled, Yangshen. Japanese family contemplates the establishment of new mills here with a capital of from twenty Entanned Goatskins.-First arrivals of Autumn Goatskin Rugs.-The market is generally easier. to thirty million yen, to supply the wants of Manchuria and Cor a direct, and so save the supplies may be expected shortly. Wool.- freight and expenses on the raw material. There
Sheep's-At the close the market is quiet, and as is no specially encouraging news from any of our
exchange keeps up holders will probably have to other dependencies. The home markets are very
give way to buyers in the prices. Camel's.--Only
even in the Faney makes, in which until quite strong in consequence of the rise in cotton, and
very little doing. Goat's.-Only very little doing
recently it was possible to book orders, quotations spot cotton in Liverpool are 6.344. for Mid-Ameri- are now prohibitive. The latest quotations for can and 9id. for Egyptian. Futures are also stronger in the New York market being 11.12 cents gold November and 11.14 for January option. The idea of forming a syndicate to buy up the stocks of weak holders of American goods is, we undler. stand, assuming some tangible shape and opera- tions are said to have already commenced, If the plan is feasible it certainly could not have started under more favourable conditions than those now prevailing, owing to the strength of the home markets. There has been a very heavy increase to our stock of yarns during the past ten days or so amounting to nearly 30,000 hales, and yet in spite of this, and the rise in sterling rates, prices for imported spinnings are steady. Native cotton is firmer. The private business during the interval has continued on a very small scale and ns consisted chiefly of small indents for Fancy goods, but this is threatened to be stop- pod by the enhanced prices Manchester is now asking. Some 150 packages or so of staple Grey | ON LONDON.-Telegraphic Transfer...2/31 and White goods, booked in Manchester some months back for next Spring trade, have been placed. At the auctions the tendency has certainly been firmer.
Tea. The market is unchanged. Total settle. ments from May 1st to October 13th amount to 102 428 piculs, against 107,018 piculs at the cor- responding date last year.
GENERAL EXPORTS,
Fish Oil.-A few more transactions are reported at slowly rising prices, the closing quotation being yen 6.75 per 100 kin. Copper.-In sym- pathy with home markets prices have advanced considerably. Furukawa Bessemer is said to have been sold at about yon 54.00 per 100 kin.
SILK REPORT.
During the fortnight under review our market experienced, to begin with a smart advance, whereupon a period of dullness again set in, re- sulting in a drop of about Yen. 20 from the top point for full-sized filatures, whilst fine sizes and Kakedas remained steady. However, at the close a large business has been put through once more, so that prices are very firm with an upward tendency. Stocks in Yokohama are about 10,000 hales, as coli- pared with last year's 15,000 hales. Exchange continues to advance, which make G. $ and Fres. quotations high in comparison to yen prives.
OPIUM.
HONGKONG October 26th Quotations are:-Allowance uet to 1 catty.
-$860 tu
Malwa New
Malwa Old
.8920 to
per pical.
do.
Malwa Older
$080
to
do.
Malwa Very Old ......$1020
to
do.
Persian Fine Quality ..$7001
to
du.
Persian Extra Fine ...8760
to
Patna New
$880
Patna Old
Benares New
to .$915 to $832 La .$820 to
do. per chest.
s[v
de, do.
Benares Old
PIECE GOODS.
}
For
Per P. & 0), steamer Manila, sailed on 23rd Oct. For Hamburg-120 packages merchandise. Lendon:-1 case feathers, 1 case turtle shell, 401 rolls matting, 14 cases chinaware, 1,515 packages tea, 880 packages preserves, 258 hales waste silk. 19 cases clothes and effects, 97 packages merchan- dise, 25 cases camphor. For Marseilles:-10 cases human hair, 100 bales waste silk.
For
Per P. & O. steamer Delki, sailed on 20th Oct. For Manchester:-100 bales waste silk. London :—1,450 puckages ten, 270 hales waste silk, 13 cases silk goods. 107 bales raw silk, 4 cases hats. I case essence, 4 cases cigars, 50 cases preserves, 8 cases feathers, 2 cases lacquerware, 1 case matting. For Gibraltar: -1 case silk goods, & cases curios. For Marseilles.---100 pack- ages tea, 6 cases feathers, 286 hales raw silk. For Lyons:-443 bales raw silk. For Milan:-15 Jules muw silk. St. Chamond :- -20 bales raw silk.
EXCHANGE.
MONDAY, Cot. 29th.
A
ON
Bank Bills. on demand Bank Bills, at 30 days' sight... Bank Bills at 4 months' sight Credits, at 4 months' sight Documentary Bills, 4 months'sight 2/41 ON PARIS-Bank Bills, ou demand....... 288;
Credits 4 months' sight . GERMANY.-On demand
2,3,7
2/3
2/31
2/41
293
2341
MISCELLANEOUS EXPORTS. HANKOW, 17th Oct., 1906:-The prices quoted! are for the net shipping weight excluding cost of packing for export :—
Per picul. Tls. 38.50
Cowhides, Best Selected...
Do. Seconda Buffalo Hides, Best Selected.. Goatskins, untanned, chiefly white colour,. Buffalo Horns, average 3-flis, each White China Grass, Wuchang and or
Poochi
WhiteChinaGrass,Sinshan and orChayu Green China Grass, Szechuen... Jute
White Vegetable Tallow, Kinehow. White Vegetable Tallow, Pingehew
and/or Macheng
White Vegetable Tallow, Mongyu Green Vegetable Tallow, Kiyu. Animal Tallow
Messrs. Noel, Murray & Co.'s Report on the Shanghai Piece Goods Trade, dated Shanghai, 18th October, 1906, states:-There is very little to report of a fresh nature, the market being, if anything, in a slightly less depressed condition than it was. This should not be surprising con sidering the much more favourable position that has been created by the misfortunes to the American cotton crop. The recently reported | tornado appears to have been only the precursor of further troubles which have befallen the un- fortunate growers, for we have it on the most reliable authority that the cofton belt hrs been visited by severe frosts, the scourge the farmers are always in dread of before the picking is over. It is of course too soon yet to estimate the damn- age done, but it is evidently extensive, judging by the rise in price that has already taken place. And so once more fortune has come to the assistance of this market. The Autumn season is passing apace and yet there are no signs of an increasing demand. Clearances | Feathers, Grey and or White Duck continue on very moderate scale, and the great bulk of the current demand is supplied by | Turmeric the auctions, for what the dealers have already | 'on hand. The floods and destruction of crops are no doubt responsible for a good deal of the dis- tress prevailing in the country, but that is not the bed rock bottom of the trouble, and we are inclin-
|
Gallnuts, usual shape.
Do. Plum do. Tobacco, Tingeliow
Do. Wongkong Black Bristles
+
Sesamum Sced
Wild Duck
Sesamum Seed Oil Vegetable Tallow Seed Oil Wood Oil Tea Ou
a
On New YoRg.–Bank Bills, on demand 554
Credits, 60 days' sight
561 ON BOMBAY.-Telegraphic Transfer ... 17′′
Bank, on demand
171 34.50 ON CALCUTTA.--Telegraphic Transfer 1704 (nom.) | On Shanghai-Bank, at sight... Bank, on demand
21.00
8.00
10.80 10.00 f
11
12.50 6.00
Private, 30 days' sight
ON YOKOHAMA,—On đemand ON MANILA.-On demand
ON SINGAPORE.-On demand ON BATAVIA -On demand.. 11.50 ON HAIPHONG.—On demand
ON SAIGON-On demand
11.00
..
ON BANGAOK.-On demand.. 10.00 | SOVEREIGNS, Pank's Baying Rate
9.00 GOLD LEAF, 100 fine, per tal
10 00 BAR SILVER, per oz.
16.00
17.25
"
7.50
*
11.50
+1
"
FREIGHT.
.17
་་་་་
72}
784
112 #114
2. p.o.pm. 138
.11 p.o.pm.
1/ pc.pm.
.BIA
88.85 .846.10
32,0
From Hankow per Conference Steamers.-To London and Northern Continental ports 48/- per (nom.) ton of 40 c. ft. plus river freight. To Genoa, Mar- seilles or Havre 41/6 per ton of 40 e. ft. plus river freight. To New York (via Suez) General Cargo 5.25 32/- per ton of 40 c. ft. plus river freight. To New 4.50 York (via Suez):-Tea 39/8, per ton of 40 c. ft. (nom.) plus river freight. To New York (overland) :--Tea (nom.) | G. $14 cents per th. gross, plus river freight. To 8.30 1 Shanghai:-Tea and General Cargo Tls. 1.80 to
$1,80 per ton, weight or measurement.
**
"
11
**
10.00
*