114
THE HONGKONG WEEKLY PRESS AND
can
The local dealers are pleased with the better ! news from Newchwang, for which Port orders have already been executed for the opening of the season. Tientsin wants to buy and apparently pay much higher prices in New York than she could get the goods here at. The great and redeeming feature of all, how- ever, is the strength of the home markets, which must curtail supplies and allow the buge stocks here to be reduced very materially. Manchester surprises everyone, as it is difficult to understand from what quarters of the globe the demand is emanating to keep her so full of orders, the falling off in the demand for this market being so pronounced. More orders have, however, been sent to that market evidently than was generally supposed, for the export of Plain Cottons for Jaunary was 42,000,000 yards, fully a third more than the fortnightly figures signifed. Cotton is again trending upwards, to-day's quotation for Mid-American bring 6.01d. while 5.6td. is quoted for the whole month option. Egyptian is also firmer at 10ġd
The
New York market is strong, especially for the lighter weights, in fact it was reported to hare advanced to an extent we refrain. from mention- ing until it is more definitely confirmed. The Yarn market closes steady to firm, with a good prospect of a brisk demand for the North so Koon as it re-opens. Native Cotton is strong and advancing. Scarcely any. thing has been done this week, beyond the Auctions, from first hands, and there, with
is
COTTON PIECE Goods-Market flat. Nothing
doing.
Grey Shirtings-7 lbs.
8.4 lba.
9 to 10 lbs.
per piece
$2.40 to $2.50
[February 18, 1907.
HONGKONG QUOTATIONS.
to $10 $16 $18
.$19,75,, $17.75
19
$20 $38 .$147
$180 3132
HONGKONG, 11th February, 1907.
Apricot
$9
Borax
3.00 to 3.70
Fine....
White Shirtings-54 to 56 rd. 2.70 to 2.9J 58 to 60 3.00 to 3.20 64 to 66..
3.25 to 5.30 5.50 to 7.00 Book-folds 5.00 to 7.75
4.00 to 4.80 i Clores
Cassia
Camphor
"
Cow Bezoar
Victoria Lawns-12 yards 0.80 to 1.30 T-Cloths-Albs. 32 in. (Ord'y ) 2.00 ta 2.20
7lbs. 32..
2.25 to 2.75 6lbs. 32, (Mexs). 2.20 to 2.35 7ihs. 32 ..
2.10 to 3.05 8 to 8.4 oz., 36 in. 3.0) to 3.70 Drills, English--- 10 yds., 131 ?
4.30 fa
to 14 lbs.
MISCELLANEOUS EXPORTS,
Fennel Seed Galangal Grapes
**
.88 $2.50 $15
1
$5.50
19
$16.50, $17,50
.$26.50..
$4
Kismis
Glue
Olibanum
$18
.
Oil Sandalwood
$180 $325
*1
Rosa..
Cassia
$30 $200
$150
*
7.25
Raisins
$8
www
Senna Leaves Sandalwood Saltpeter
$3
+
$25 .$9.50
$7 $26.50
+4
Messrs. Arnhold, Karberg & Co.'s Fortnightly Produce Circular, dated Shanghai, 4th February, 1907, has the following :--Galinuts.—Our market remains firm, while there is practically no demand from home. Cowhides.--The demand from home continues good at about last prices. Our market is very steady, Tobacen, - Market remains un- changed. Cotton.thur market is very strong, and Chinese dealers have raised their prices. This year's crop will be rather smalle: than last season. Only little business has been done. Goatskin Rugs A gool business ba recently been put through in Sowchwang, cling our stocks. Wool. - Sheep's. Strong derend for Combing Wools. Fillings.-Great quantities taken by Japanese Camel's.—Steady market. Straw. braid.--Course split is now well represented, and some parcels have found buyers at somewhat lower prices. Loyoh White remains firm, arrivals being small at present. Outside of these two staples there is little doing. Feathers. – Market remains strong for all descriptions at last prices. Arrivals find ready buyers Wood Oil-Prices are unchanged and market remains firm. De. mand from home is increasing. Antimony. - Our market is a little easier, but no business reported.
-
extended delivery given, the results are disappointing. Grey Shirtings.-Nothing reported this week in any weight outside the Auctions, where prices in most cases had a droop- ing tendency for all but the heavier makes. which were steady to firm. White Shirtings. Re sale of 10,000 pieces are published, namely 64-Reed Blue Stag at Tls. 3.25, and 72-Reed Gold 2 Eagles at Tls, 3.65, and Gold 2 Stags at Tls. 3.85, the Auction prices of these goods being weaker and with few exceptions the letter makes alsu. White Irishes.-Small sales are reported from first. hands of Stag and Tiger & Boy chops at Tis. 3 80, which is considerably below the replacing cost. There is very little demand for the better qualities, while the lower grades are scarce. T-Cloths and Jeans.-These were both weaker at Auctions. In the latter make sales of 8,000 pieces each of 30
Hankow, 6th Febr., 1907:~The prices quoted and 40 yard makes under a 3 Stag Head chopare for the net shipping weight excluding cost of have sold at Tls. 3.20 and Tls. 4.25 respectively, | packing for export ; --
Per picul both English makes; and we understand offers | Cowhides, Best Seleted.
Tls. 37.50 have been made to New York for Pepperell Hea-
38.25 ver to a moderate extent. Dills. American A sale is reported of 8.750 pieces Augusta A at Tis. 3.65 from first hands, and is all we hear oi, though some re-sales way have taken place.
Messrs. Ilbert & Cal's Piece Goods Report contains the following:-"The past year has been a remarkable one in many ways. As far as this market is concerned it. commenced with very heavy stocks and heavy forward commitments in almost all classes of plain staples, but with an ab sence of demand from any of the dependencies to alleviate the situation. The former have con- tinued to accumulate, as recent stock returns for the end of the year show, while until quite lately the internal markets of the country have shown only the most apathetic demand for supplies Although it is reported that the forthcoming settlement will involve failures amongst a few minor native hongs, any severe crises throughout the year owing to the overstocked condition of the market have been guarded against by the measure of sustenance given to values through the phenominal and continuous advance in prices in producing countries, which, even with the steady advance in exchange that has taken place, has also prevented further supplies except in much restricted quantity from coming forward."
MISCELLANEOUS IMPORT.
HONGKONG, 18th February.-The prices ruling are as follows:-
COTTON YARN.-A fairly large business has been done in No. 16s at almost previous rates. Prices for the other counts contined to decline although there was a better demand for them, and a fall of S1 to $2) has been established. Quota- tions are--No. 10s at $72 to $95; No. 148. at 197 to $25; and No. 20 at $98 to $140. Arrivals 18,500 bales; Sales 9,000 bales; Shipments 17,500 balės; Bargains 60,000 bales. Unsold stock 71 000 bales.
|
Do.
Seconds
Buffalo Hides, Rest Sølected.. Goatskins, untanned, chiefly white colour Buffalo Horus, average 3-lls, each White China Grass, Wuchang and or
Poochi.. WhiteChinaGirass, Sinshan and orthayu Green China Grass, Szechtten Jute
White Vegetable Tallows, Kinchow White Vegetable Tallow, Pingelew
andzor Macheng White Vegetable Tallow, MonLYM Firmen Vegetable Tallow, Kiyn Animal Tallow Gallnuts, usual shape Gallnuts, plum do. Tobacco, Tingehow Tobacco, Wongkong Turmeric
Sesamum Sood Sesamum Seed Oil Ton Oil
22.00 66.00 7.50
SHARE REPORTS.
HONGKONG, 15th February, 1907.--Since intervention of the Chinese New Year holidays, the date of our last report, owing chiefly to the
we have hut little business to report. Rates, with a few exceptions, have ruled fairly steady and at the time of closing, with the removal of the incubus of the China New Year settlement, clos with an unward tendency. Exchange on London: T T 2 2}, on Shanghai Tls. 73.
BANKS. With sellers of Hongkong & Shang. hais and no buyers the rate dropped from $920 without any intermediate sales to 8900, mi which last rate several lots changed hands, and more shares are wanted at time of closing. London remains unchanged at £108. Nationala
remain with buyers at $5 and no sales, to report.
MARINE INSURANCES, —Unions have fur. ther improved their position to $820, after small sales at 3800 and 3910, the market closing tons remain unchanged and without business, with buyers as the higher rata (920). Can-
In the Northern stocks we bave no changes or business to report,
FIRK INSURANCES. — Hongkongs, after further small sales at $370 and $375, hava im. proved to $380 with buyers, and at time of closing we have to report a sale at $385, the market closing steady at the last rafe. Chinas, on the issus of a good report and the recom. 1000 mendation of a dividend and bonn◄ of 88,- 1200 gradually rose to $100, at which a few shares changed hands. Later, however, with further 100
sellers and no more buvers, the rate weakened, and offers to sell at $99 meeting with no res- ponse the market closes weak at the last named rale.
11.00
9.80
9.50
14,50
1050
17.00 6,50 9.70
SHIPPING -Hongkong, Canton and Macaos 1500 have been placed during the work at $31 cum the dividend of $1 paid on the 12th instant, and Indos close steady to strong at 830 ex div. have been negotiated in small lots at $86. Shell 112.00 Transports have improved considerably, and after small animportant sales at 34,and 358, are now in demand at 376 without Anding any 8.60 sallars. We have nothing further to report
under this heading.
3.23 350
Per steamer Patroclus, sailed on 30th January. For Port Said: --10 cases firecracker. For Bey. routh -50 cases cassia. For Constantinople 150 rolls matting. For M«rseilles:-250 cases merchandise. For Havre:-90 hales canes. For Havre opt. Continent :-100 cases camphor. For London:-250 hales cassis, 20 boxes bristles, 115 | cases essential oil, 200 cask - ginger, 210 caska soy, 1,642 packages canes and nats. For London or Glasgow:-150 casks ginger. For London, tilus- gow or Leith:-150 cases ginger. For Glasgow : -200 cases ginger. For London or Rotterdam: 50 bales feathers. For London or Continent 417 bales canes, For Antwerp ---- tã cases bristles, 67 bales feathers, 65 rolla inats. For Kotterdam: -330 packages cassia, 650 bales matting, &c.
Per P. & O. steamer Jaca, sailed on
.th Feb. For Glasgow -2 ces chinaware. For Liver- pool:-2,100 bales heup, For London :--2,708 hales hemp, 180 rulls matting, 2 cases China ink, 2 cases woodware, i case sundries, I case china ware, 2 cases preserves, 3 packages fex, I cuse ylang ylang, 25 bales merchandise. For Mar 15.5.00
seilles case hats, I case feathers, 3 cases black- 165.00 woodware.
Bombay-Nos. 10 to 20, ...$80.00 to $125.00 English-Nos. 16 to 24, ..135.0 to 140.00
22 to 24, ...140.00 to
145.00 28 to 32, ...150.00 to 38 o 42, ...160.00 to
+1
|
REFINERIES. —A few forced sales of China Sugars have been made during the week at reduced rates, but the market has otherwise ruled fairly steady at $128/129. Lasons with- out change.
MINING. We have nothing to report under this beading.
Lawns, Hotels and Buildings, —Rong- kong Lands have ruled very quiet and without any business ta report. At time of closing, how. Hotels ever, a small demand avists at $107. have found buvers at the improved rate of 8123, and more could probably be placed at the rate, Holders, however, mem disinclined to part exoepf. at au advance. Humphreys have been the med- jum of some small investments at $11.20 ox the dividend of 80 cents paid on the 11th inst., and close steady at that rate, We have nothing further to ranort under this heading.
Docks, Wharves and Godowns.— Hong. koug and Whampoa Docks, after further small | galas at 140, close with probable buyers at tha“. rate. Kowloon Wharves have changed handa at 8944, Shanghai Dooks at 106. We have no- thing further to report under this heading.