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R
278
COMMERCIAL.
RAW COTTON.
HONGKONG, 29th April.-Small business at a decline of per picul. Stock about 5,000 bales.
Bombay.
$17.50 to $29.50 per pel. Hengal (Now), Rangaon
and Dacra Shanghai and Japanese 25,00 to 2600 Tungchow and Ningpo.. 2500 to 26 +0
Reported sales, 350 bales,
201,50 to 22.001
►
OPHM
Hosarosa, April 27th Quotations are:- Allowance net to 1 catty.
per picut,
Malwa New
$860
Malwa Old
1.
de.
Malwa Older
MCW
1.1
clas.
Malwa Very Old $970
fo
do.
Persian Fine Quality „$600
to
Persian Extra Fine
$700
J
Patnu New
SIR2
t..
Patna Old
1་་
50124
{,-
1.
Benares New
Benares Old
SILK.
de.
elo.
por vijest.
1.
THE HONGKONG WEEKLY PRESS AND
[April 29, 1907
Per 14. Valchas, sailed on 10th April, 1907. For Havre - 116 hales canes, 234 pkgs. matting, 205 halos hamber. For Havre or Hamburg or For Havre or London
London :--200 slabs tin. or Continent 30 ensos enmphor. For London : --100 bales waste silk. 10 cases bristles, 1,480 bales canes, 74 cases chinaware, curios, &c., 01 bilis feathers. 30 caves P 1. fans, 40 pkgs. For mattings, 320 bags ore. 125 casks soy.
275 pkgs. ginger. For or filasgo Landon or Hamburg or Antwerp:-107 bales
For Swansea ; 30 Tales feathers.
Leith or bageste For filasgow or Dundee or Alendu —126 cases preserves. For Rotterdam : 1993 roll- matting For Antwerp: 230 bales feathers, 300 bales split bamboo.
vanes,
There is
273
6.224. The quotation for “Futures,” however, is only 5.764. Egyptian has advancel to M Business from first hands remains practically at. a standstill, all we hear of this week being a few common 84. Ibs. Shirtings and some medium. 10 lles, at very poor prices. A small lot of fine White Shirtings under an old chop have also heon placed. The Auctions havent bon quite so favourable on the whole, possibly on account of the higher exchange This appears to be becoming a very favourite mode of gambling amongst a certain class of natives here, and is unfortunately being cuntenanced by wame of the Foreign Banks to such an extent as to somously interfere with legitiinate traile Transatl««n= This is much to be deprecated, and for the eryskit of the plaer should not fer encouraged, as it is most probably those who are already heavily
Messes Arnhold, Karbyrg & Cal's Fortnightly insolved in trade entræets that are attempting
Preslues Circular, de ted Shanghai. 15th April, this form of gamble to help them out of their
1907, has the following →thlinuts - The market difficulties. At the present juncture of affairs it
is very weak and only few parcels have changed Cowhides. Market lends in the last fortnight will be fatal if any of the interested parties loses
Tolnero.-No their heads. A noticeable feature this work has steady and prices unchanged
Feathers, Stocks are small, and been the filling of the orders from Szechnen, that i busines: doing
The have been pending for some time, for Indian i prices generally have slightly advanced.
good Cotton Yaru. The buyers appers to have hold | demand remainis good. Cotton. off to good purpose, and have registered some enquiry from the home market for this article bargains in their purchases this week
and we have to record a fair buggisves. Tallow. - small business has been done in the disapprantment is felt her at the ads tees receprod Pinly a
meantime. Wood Oil. - Dealers are asking high froom Bombay, within the just few days, that spinners they have failed to agree on
prieva which makes busines very difficult indeed. ques. tion of curtailing the supply, and that it is
Stewbrand. Being between seasons, business as well as supplies have been small. Layeh white definitely deculed to work the trole if all it is worth, which wont be much if the present rate of
and mattled braids remain in demand. Bugs. supply continues much longer The deliveries
fioatskins. - Are in strong demand, and stocks this year show what should be a satisfactory,
are nearly cleared. Wool. Shoop's. —The demand though not very substantial itu pease er last remains very steady, and the market is nearly year," but the unpoort is nearly 7 per cent
cleared of the present wason's supplies, Camels", Antimony.—Very -Remain in god demand. grater, while the st h is nearly fit per cent, larger. In addition to this Hongkong vs equally over steekeid and ever ready to pour suppens inta this market whenever there is an opportunity. spite of good prices offered. Buyers for America | Japanese spinnings are keeping very study as have been fairly active, in S. R. 14 16 and Rereels, ; regards the off-take, while the import is not ten at daily increasing prices. Waste Market-Is ¦ per cent. in excess of last year. This question of active, with an upwards tendency for Old Waste, | imported yarns has a very direct bearing on the further supplies of which are only expected to a piece goods trade, For instatier, two years zege at ginall extent. Some Firms show much interest (this season standard American Prills and Sheet- in New Waste; but the Dealers are wavering. [ings were worth in the neighbourho«l of T«, 5 25 Up to date over 3,000 ha'es have been hooked, at { per piece, while the best No. 10% Indian Yarn somewhat diverging prices, for June-November | were selling at Ths. 8700 per tale Now the deliveries. Stock of Silk in Canton 200 bales,
6850 or latter are selling freely at Tis difference of 25 per cent, to compete with which the American cloth would have to sell at about 7- 8.73 The inferene is obviou~ .
CANTON, 6th April, 1907. Silk Market -The improved enquiry for Europe alluded to in our last was maintained during the earlier part of the fortnight; but latterly, business has been hame pered by the high pretensions of the Dealers. It is difficult to ascertain accurate quidations, as the Market is rather mixed and irregular. The divergence in the feelings of the Chinese, as already noted, remains the fixture of our market : but the general tone is strong. The stock in 6th/7th Crops Silk is practically nil.
Contmets in New Silk (May-November deliveries) amount to 7/8000 hales, chiefly e arse and medium sizes Dealers are reluctant to roll fine sizes aheed, in
cent.,
PIECE-GOODS.
1
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Messrs. Noel, Murray & Co's Report qe the Shanghai Piece Goods Trade, dated Shanghai- 18th April, 1907, states :-Providence has certain, ly been kind to those who have been carrying such a heavy load in Shanghai during 1906, às it now looks as if they ought to be able to have their sales to the Chinese dealers cleared off during the next six months without
any loss, while the outlook during the latter part of last year was anything but hoerful.
The anticip tion that the off-take would equal last year's has unfortunately not been fulfilled, deliveries to date of all kinds showing a falling off of 35 per while the fresh supplies received this year amount to 221 per cout, of the deliveries. 1 During the interval several telegraphic advices ! have appeared in the daily papers concerning the { progress of affairs in Manchuria, which do at last seem to be assuming some tangible shape. So far as one can judge they are all trending in th right direction, but it is difficult to follow exactly from the fragmenary hits of information, that come in from different parts of that vast territory what really is going on. So far trade remains unaffected, although it is said prices are im- proving slightly in Newchwang, while from the figures published recently quite a large trade is
1 fair being done via Dalny. There is still a demand for 3-yard American goods in Tienten and a slight improvement in the reselling prices is noticeable here, some 4000 bales, it is said, having been bought from second hand holders for that market on the basis of Tis. 3.75 for what Tls, 3 65 was accepted last week, with the exception of Loray A, which are being held for a further advance. Chefon and Kiaochow are both i
A welcote doing a fair miscellaneous business. improvement is at length setting in in the Han- kow market, but it has not culïlinated as yet in any fresh orders from importers,
Things are
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The following is the weekly Piece Goods report of Messrs. Hart & Cu, datef Shanghai April
19th, 1985. The market-Busin« featureless,
only a small resale busness on native account taking place at fairly steady values, while the volume of clearances from stock is showing rapid diminution. The Hankow market is at present under the clad of a recent failure of a prominent native piece goods hong, which has hit & number of Chinese banks, with the usual resultant with- drawal of credit facilities from their mer hunts, and consequently trade for that outlet is very quiet. A small inquiry is maintained for chefou and also Ningpo, and the former principally in Dyod and Fancy goods and the latter in English heavy shirtings, but second holders have been able to supply practically all such demand with out having to deal with importers dirist It is
parted that the attempt at united amongst the Bombay Mills on the question of a general adoption of short time, four days a week Working, has fails. The market for Bombay spinninga meantime continued to decline, and the lower quotati ns have received little or no response from this end. With the exception of a few favourite chops for Tientsin, clearances have, taken as a whole, considerably fallen off, being 7,500, 5,500 and 1,100 bales for each of the past three weeks in order.
action
We understand that one or two of the local mills are contemplating short time in order to give tho sccumulation of stocha of locally spun yarn which is piling up, a chance of reduction.
MISCELLANEOUS EXPORTS,
Per P. & 0. ss Japan, sailed on 24th April dragging along hore, there being no pronounced | 1907. For London. I case porcelain. 5 balex improvement, and clearances are far from satis feathers, li cases cigars, 1 pkgs, hide, 1:0) bales factory. Sales from stock are almost at a stand- split bamboo, 1 pkgs sundries, 21 cases person d still, and all indent business is actually so, The effects, 2 pkgs. preserves, 21 colle ats and markets show no abatement in prices, which are mattings. 170 ensis camphor (opt.13 cases corks,
far as this market is quite prohibitive sa
Sc pkgs m'dise, 5 pkgs, bristles. For Marseiller. concerned.
Fany Dyed makes av especially | London or Hamburg :--101 cases camphor, 20 firm and very tow orders are going through. | pkgs merchandise, à cases human hair, For The Liverpool Cotton market is firm, prices | Gibraltar:-1 case cigars. advancing daily until Mid-American comes to-day cases esa, oil. For Glasgow :--1 case curios.
For Marseilles — 35
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little « ftering. Nac business has been reported.
APE
Shares
On
The
SHARE REPORTS. Messrs, J. P. Bisset & Co.'s Share Report for the wook ending 18th April, 1907, states; Business has been exceedingly limited since our last issue and there is no great change in rates fo record. The money market stil continues fight, and we do not see much prospect of Banks, -- Yo improvement in the near future. business has beeɑ reported. The T. T. on Marine and Fire London to-day is 2 103. Insurance
Yangtsze Insurance. Small lots have bay dealt in at $185 ex 73, and thern lavere at this figure. Union Insurance, are quoted in Hongkong at $815 buyer.s Shipping --On the 11th a sale was reported at The 35 for July delivery, and on the 15th April shares changed hands at Tis, 51}. The market closes with stuell buyers at Th«. 32. Shanghai Tug & laghter Co. No business, Docks and Wharves.—Shanghai & Hongkew. Whrves, the 11th shares changed hand< at The. 217] and 215 for April, and T4. 221; for June. On the 18th September shares were dealt in at Tls, 230, and these rates prevail at the close. Shanghai Dock & Engineering Co. The week opened with sales at 11 85 for April, and the same rata for May, July and September delivery. On the 15th shares were dea:t in at Tls. 824 for April, market elesex, with buyers at Tls. 83 for April, There are * for July. Yangtze Wharveg. layers at T. 222) with no sharge, offering. In Sugars No business is reported this week. Perak Sugars there
sellers at Tls. 85. Mining.-t'hiness Engineering & Mining Co. On the Lith F18, 13:35 for wich was reported, followed by sales at Th. 13}, at which sat, the market closed stendy. LandsThe only business to record is the sale of Anglo-French Land Co Shares at TI. 191. Shanghai Lande“ There are buyers of the abi shares at Tw. 10) and of the new at Ti. UM. has been a fair business in Ewo Cotton Shares. The Market opened a“ Tla. 08 cash and Tls. 60 for June, but on the 13th wllors prevailed and Closing the market became decidedly weak. rates are The 1% for cash and April, with sellers International at The 67 for June delivery. Cattone have been dealt in at Tim. 38 for June. Lau Kung Mows, A single transaction is eported at The 82}. Mastschappij, &o., in Langkat The market owned at Tis, 267] April, and The 274 June, Rates have wavqred down- wards one be two taels since then, but only a fiunted business has been done, and agclosing wa quote buyers at Tls 287) for cash and T. 2731 for June. Miscellaneous.—Hall and Holtz have changwi hand at $23. Central Hotel Sultres have been placed at Tls. 11ị for the old shares. Hotel deg Colonies. A transaction is reported at Tis. 13.60. Shanghai Mercury Shares have changed bands at 'T'ls. 47). Shanghai Mutual Telephone Shares have been dealt in at Tls 61 and there are further buyers, Loans and Debentures.—l'here is nothing to report this week.
#m
Industrial.—There