78

COMMERCIAL.

OPIUM

HONGKONG, February 2nd.

Quotations are:-Allowance get to 1 catty.

$800 to per pical. $860 to

Malwa New

Malwa Old

do.

Malwa Older

$920

to

do.

Malwa Very Old $960

to

do.

Persian Fine Quality ..$600

to

Persian Extra Fine

.8075

to

do. do.

Patna New

$880

to

Patna Old

to

do.

88015

to

to

do. ઈ.

Benares New

Benares Old

per chest.

THE HONGKONG WEEKLY PRESS AND

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(February 4, '1907

HONGKONG, 4th February, 1907.

Apricot Borax Cassia Cloves

camphor

Olibanum

HONGKONG QUOTATIONS.

.$9.50 to

.$16.

$18

$13.

$17

320. $38

$160. $170

We are told further large parcels of common figured cotton lastings have been forced off, both privately and by auction, for delivery after the holidays. Turkey Reds are hard to move privately and prices are drooping at auction. We understand indents for a fairly good line of com- mon Fast Black Cotton Italians has gone through, while at auction, with few exception, considerable ;

Cow Bozcaa weakness has been shown. Venetians are rapidly

Fennel Seoul. coming into favour; they are in good demand | Galangal for Newchwang, and sales for that market recently | Grapes

A few have been replaced by fresh indents. indents for special prints have been booked, while some orders for steam prints are pending. Woollens. Prices at auction have ruled most irregularly In Camlets this is specially notice.

·able, and to a slightly lesser extent in Long Ells, the tendency in bath being decidedly lower. Lastings are certainly weaker, and Spanish Stripes | Senna Losses look inclined that way, though favorite chops Sandalwood keep fairly stealy, Cotton Yarn. - English A Saltpeder sale is reported of 100 bales gold 5 Eagle 2.823. } at Tls. 132.50. Indian. The demand for Szecknen showed further development the exelier part o the interval and a good business was done at slightly easier prices for No. 10s, but fairly steady for No. 20, buyers for Tsingtau also participating in the demand for the higher counts, A few | No 128. were taken at steady to firm prices for Kiukiang.

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MISCELLANEOUS EXPORTS. Haskow. 23rd Jan, 1907:-The prices quote are for the net shipping weight excluding cost of packing for export ;-

The picul Cowhides, Best Selected

36.50

32.30

Do. Seconds

Buffalo Hides, Best Selected Goatskins, untanned, chiefly white colour Buffalo Horns, average 3-llis, each White China Grass, Wichang and or

Ponchi.

WhiteChinaGrass, Sinshan and orChayn Green China Grass, Szechuen Jute..

White Vegetable Tallow, Kinchow White Vegetable Tallow, Pingehew

and/or Macheng

White Vegetable Tallow, Mangya Green Vegetable Tallow, Kiyu Animal Tallow

(iallnuts, usual shaper Gallnuts, Plum do. Tobacco Tingehow Tobacco Wongkong

Sesamum Soed Sesamum Seed Oil Tea Oil

PIECE GOODS. Mesars. Noel, Murray & Co": Report on the Shanghai Piece Goods Trade, dated Shanghai 24th January, 1907, states :-There is still a fair, amount of buying and selling going on amongst the natives, but fresh business from first hands is – dwindling down to vanishing point, many of the native operators already leaving for their country homes. What business is reported was mostly done in the early part of the interval, or in fact any time during the last ten days. The continued decline in exchange is having an inspiriting effect, on the market and great things are being looke forward to so soon as trade is resumed after China · New Year. Money is plentiful and interest low, and the prospects for the annual settling amongst the natives engaged in this branch of the trade look very favourable. They have had their ups and downs, and not a few of them must admit it, was sheer "

joss pidgin that enalded them to de' as well as they have. It is being confidently anticipated that shipments to the northern mar- kets the beginning of the season will be much freer than they have been the last few years, and that stocks here will shew a consideralde depletion by the end of April or May, News has come from. Newchwang through nalive sources that the customs revenue collected by the Japanese Au- thorities bas now been handed over to the rightful owners, but there are still some hitches, apparently about the complete evacuation. From the same source also comes reports of financial troubles amongst the native bankers in Monkden, but it is difficult to gauge the amount of truth contained in these rumours, which may, as likely as not, bei only spread with an object in order to discredit the powers that be. Szechuen seems to be bracing up again, at all events so far as yarns are cerned, but it is not so easy to find out the doss tination of woven goods that are resold by the ; Turmeric dealers. Clearances generally have shown some improvement, and fairly free shipments are being made to Ching-wan-tao. There is not touch news of the Manchester market be yond that there is a good business doing, and from the difficulty operators are finding in connecting it is plainly seen manufacturers can still afford to quote very high prices. This of course must necessarily lead to more competition, so it is not surprising to hear that by the Autumn 8,000,000) new spindles and 65,000 new looms will be in operation in Lanca- shire alone, Cotton has been subject to some Aluctuations on the Liverpool market, this mor ning the quotation for spot Mid-American coming 5.86d., while yesterday 5.59d. was quoted for the rest of the month. Egyptian is 10d. The latest New York quotation is 9.37 cents for March option. There is no definite news of the market, though it is rumoured offers have been made of goods at a decline of fourpence. A good business continued in Indian yarns the early part of the interval for Szechuen, but at the close the market is quieter Grey for all spinnings. Native cotton in firmer. shirtings.-8.4-lbs.-At the close of last week a fair amount of business was' done, chiefly for Hankor, the transactions reported, mostly resales, showing a profit of about 2 per cent. to the dealers, but still 4 to 5 per cent. below replacing cost. White shirtings Two transactions are reported, most likely resales, namely 5,000 pieces Syove and Bat at Tis. 3.50) and the same quantity Blue Cock at Tis. 4.55. We understand other business has been done in heavy cloths that show an advance of two to three mace in the last three works. The tendency was distinctly easier for all makes at auction this morning. T-Cloths.— Prices weak and drooping at auction. We have not heard of any private transactions. Jeans-English-Sales | of 6,000 each 30 and 40 yard goods respectively at Tls. 3.00 and Tls. 4.00 are reported privately. Drills.—American. Auction prices were easier. -Two sales of 3.25 yard makes are reported, amounting to 18,750 pieces, namely-Peizer Fat Re-sales at Tls. 362) and Augusta at Tis. 8.65. amongst the natives have only been made to a moderate extent. Shootings. We have not heard of any transactions from first hands, and do not think the transactions amongst the natives have been so brisk this week. Fancy Goods.-

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1

12 20

6200

700

Toco 1150,

1800

5.60

930

9.40 900

13,00

16.30

6,50 9100 5.30

11 (0)

Messrs. Arnhold, Kärberg & Cols Fortnight Produce Circular, dated Shanghai, 21st January, 1907, for the following:-Gallnuts.-The honin market is weaker and only little business does prices asked by the Chinese are unchanged. Cowhides -Our market remains unchanges), and demand from home is improving. A fair busi-

.$115, $130

$2,50 $4 $16. $17 $18. $17

34

Kisunis

4

ilue

$21.

$27,50

H.

$19

Oil Sandalwood

Rose Casia Raisins

$150.

$350

3150

$180.

$185

...$S. $3.

+

$25. $9 20

——

37 $28.50

SHARE REPORTS. BANKS.- Hongkong and Shanghais have receded, and sales have been made at the reduc. ed rate of 8925 for eish, while a small domand for March has not been productive of business, ¦ sellers demanding bigher rates than buyers are prepared to give at the momeut. The market. closes fairly steady with a few small sollera at $925. Nationals have been placed during the week at the advanced rate of $50 and $51, elos. ing with further buyers at the latter rate,

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MARINE INSURANCES, — (nious have found further buyers at 8840, and elose steady at that rate. North Chinas are on offer at 880, and an offer at a lower rate would find buyers. Cantons have been placed at 8295, and more shares are obtainable at the rate. Yangiszes have been sold to the north at X157! China Traders re- noia unchanged and without business,

FIRK INSURANCES. ------

-Hongkong Fires have found farther buyers at 8175, but the market Chipas have again closes quist at that rate. changed hands at 895, and a few more small lots could probably be placed at that.

SHIPPING.-Hongkong. Canton and MacsÖR continue steady at 831, and a few sales have been 100 made during the week, the market closing with an inclination to a higher rate. Indos have been quite neglected, and the closing China quotation of 887 is quite nominal. Manilas have been on offer during the week. but no sales have been effected, and the market closes weaker at 21 sellers, Star Ferries have changed hands in small lots at 829 & 294 for old shares, closing with further huyers at the latter rate. Shell Transports have improved with small sales to 31 6, after sales at 30,6, & 3'.1 the market closing with farther buyers at 31 '6. REFINERIES.—Chius Sugars have contioned to rule steady, and a few sales bare hoon maite al 81:30, more shares being wanted at time of closing. Luzons remain unchanged and without business, Dess done at steady prices. Talmuevo.—Only MINING. Ranhs have been placed during the little business done in Wongkong at last prices. |

week at 883, closing rather weaker with a few market :8 unchanged. Feathers.--The demand

small lots on offer at $81, We have nothing from home is improving, and prices have advan- ced further for all descriptions. Cotton.—A few else to report under this heading.

DOCKS, WHArves and GoDowns.--Hong. transactions to Europe have been made at last prices, and the market remains study. Tallow; kong and Whampoa Docks coatione out of Animal Small supplies and prices asked by | favour, and the rate has fallen to $144 with

Chinese made

transactions impossible. | sales, the market closing with further sellers Kowloon Wharves, White vegt. Our market remains firm and a and no buyers over $143. fair business done. Green vegt. - Prices askest with sales at $95, close steady at that rate, but JENN too high. Strawhrall Loyeh White is

with probable sellers, Shanghai Docka, after about the only article of interest and sales have foumbing Ts, 110, close quister with sellers in been made at current rates. Split Straw the north at Tls, 107. Shanghai and Hongkow medium sizes finds a ready market but the

Wharves have been negotiated locally, in & prices asked are too high. Wool Sheep's-A | small way, at Tis. 245 cum now issue. New* good business done at high prices. Cainels, --

Amoy Docks nuchauged and without basiness, Supplies are coming forward freely and prices. are a little easier. Goatskin Rugs.- There ar only a few stocks on the market and the demand i«

the

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LANDA HOTELs and Buildinus, -Hongkong : Lands remain steady at 8107) oc div. of 83!

a little better. Dogskin Mats.- Our market, paid ou the 2ith ult. West Points remain in remains quiet. Wood Oil. Firm market al request at 850 ex div, paid on the 29th nit, of though there is not much demand. Antimony Prices are a little casier.

Per P. & O. steamer Arcadio, sailed on 26th January. For Manchester :—170 bales waste silk. For Lyon- ;-; bales raw silk. For Barcelona 2 cases silk piece goods, 1 case paper boxes. London.-175 ludes waste silk, 13 cases silk, 2

For

cases brass gongs, 12 packages tea, I case ermine kins, 2 packages old documents, -157 rolls mat- ting, I case sandalwood fans, I case jade ware,

CELL"

Chinese pictures, 218 cases hats, 3 cases private effects, 1 case brushes, I case curios. For Marseilles :-6 cases hats, 11 cases feathers, GU bales raw silk. For Genoa:-235 bales waste silk.

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$.. Kowloon Landa, after the publication of the report recommending the payment of a dividend of $2,50, and carrying forward $1089.15, have improved to 839 with buyers. Hongkong Hotels, being in demand and with no share obtainable, have improved to 8121 with buyers. Humphreys Estates have been the medium of a fair business at $12 This Company's report just issued recommends the payment of a dividend of 80 cents and the carrying forward 811,567,45 to new account.

COTTON MI118—there are no changes or business to report.

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MISCELLANEOUS, - China Providents have been placed at $9.60 and 88,70 ex the dividend

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