February 8, 1908]
Estimated stocks 1,900 bales Indian and 525 bales Chinn. Quotations are $20 to $24 Indian and $23 (o $251 China. Exchange on India has fincinated slightly and closes unsteady to-day at Rs. 141 for TT, and Rs. 142 for Post On Shanghai 741 and on Japan 22). The undernoted business in imported and local spinning is reported from Shanghai during the fortnight ended the 1st instant, viz:-Indian:-Market brisk with a good enquiry, sales during the interval amounting to nearly 9.000 bales, and prices show- ing an advance of 1 to 3 Taels. Estimated unsold stock about 55,000 bales. Japanese :--Not much doing, sales amounting to about 1,000 bales on the basis of Ts. 871 to 944 for No. 16s, and Tls. 951 to 105 for No. 20s. Local:-Nothing doing from first hands,
PIECE GOODS.
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Messrs. Noel, Murray & Co.'s Report on the Shanghai Piece Goods Trade, dated Shanghai, 30th January, 1908, states:-As we intimated last week business is practically closed pending the passing of the Native New Year festival, which will commence on the 1st proximo and last until the 5th idem, on which date the Custom House resumes work, but the Foreign Banks do not open until the following day. A few of the Public Auctions have taken place, the last being the Ewo ile yesterday; the ball will be set rolling again by the Yuen Fong Auction on the 6th February, when we expect to see business in full swing once more. The prospects are much more favourable for a brisk trade at the commencement this year than usual, it being estimated by some of the leading dealers here that not more than ten per| cent. of the purchases usually made before China New Year, in anticipation of the opening of the new season, have yet been made. there is still a fair supply already in the hands of the dealers, but there is little doubt but what
Of course
The
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CHINA OVERLAND TRADE REPORT
SILK
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From Mr. F. D. Heffer's report, dated Shanghai, | January 27th, 1908. –––– Telegrams report quiet Markets at Home and quote Gold Kiling in London at 114 Raw Silk, Business has been restricted to a few small settlements of Chin- cums and Kashing. The Tatlee Market is quiet and there are no buyers at present quotations About 200 bales Tsatles and 25 bales Tsatlee Filatures and Now Styles were destroyed by a fire last week. Hand Filatures. A sale of Small Buffalo is reported at Tk 643, Steam Filatures.
Nothing doing. Yellow Silks.-A moderate business has been done, the Market closing firm.
MISCELLANEOUS EXPORTS.
Por IG.M. str. Ziefen, sailed 29th Jan., 1908. For Genoa-173 hales raw silk, 10 hales waste silk. For Antwerp:-100 bales hemp, 10 cases chinaware, I case silk piece goods. For Antwerp For Amsterdam: or Hamburg:—30 cases bristles. -1000 hales cassia, 16 enses chinaware, 12 rolla matting. For Rotterdam:-17 cases chinaware. For Rotterdam to Hamburg:-14 case; cis-in. For Bremen-161 rolls matting, 91 bales feathers. For Hamburg :-102 rolls matting, 66 half-chests tea, 28 bales fethers, 11 cases chinaware, 7 cases hun in hair. 2 casos feathers. For Copenhagen: -150 cases feathers. For London: -582 zolla matting.
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SHARE REPORIS. Honakovo, 7th February, - O ving to the Chins New Year holidays the market his beau pac ically closed up to the 5th, and the volunie of business transit d during the week is consequently a nall; ra's «
have continu düm, and in many impran C 1848 show a further advance, with a buying tendency | in evidence, The bulk of the more important seriously returned to busiuss, an I until they do Chinese trading community his not as Fe!
so no general further improvem u' cin box pected The signs, to sever, ar asg od as they were last week, and without andu optimism we look forward to at least a maintenance of the present firmn 83. Exchange on Lond in T. T. 10% On Shanghai 74).
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BANK.-Hongkong and Shanghais have improved considerably from last week's nominal tate and after a far number of siles a' 715 and 720 for old, and at 710 and 715 for now shiro, 1 firm at the last nained rites, anil »khough a very small lot of th cold is -n is eff-ring at the tim of closing with a' finding any imm di ite buyers the market clos s a firm nue with a marked upward lead, ney. Nationals un changed and without business.
www.
uncharged with no business. changed hands at 97 and 95, closing with a f...w
sellers at the latter rate
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stocks in the consuming districts are exceedingly low and must be replenished before long. surviving dealers are, at all events, hopeful and will do doubt benefit by the weeding out that has taken place. A few inore of the smaller fry are reported to have left for parts unknown, and we also understand two of the minor Native Banks are retiring from business. Otherwise accounts appear to have ben fairly well squared up to now, or arrangements made to carry over. From Messrs. Пbert & Co.'s Weekly Market Re- port, dated Shanghai, Jan. 30th, 1908:—Although there is little or no new business to report this week, the small transactions that have taken place here and there tend to confirm belief in the firmn- ness of the present position. As stocks are run- ning down prices are slowly creeping up towards the parity of the producing markets, but so far
MARINE INSURANCER. --Unions continning few sales at the equivalent cost have been made, The suspension of anctions has had a favourable in stong demand the rate has improved to $850, influence on the tone of the market, but urfor-after a sun-ll reported sale at 815, the market tunately the relief from that quarter is unlikely closing firm at the former rate, with
scrutinued to be of sufficient duration to he of materiil
We have no other change seucity of shares. advantage to the trade. Advices from Newchwang
or b siuess to r- pori under this heading.
FIRE report a firm market, more especially for American
INSURANCM. Hongkongs tom vin goods, stocks of which are said to be considerably
Chin s reduced. Telegrams from America quoting an advance of 3d. to 41d. have been received, and Manchester again report sales for China at rates which are not yet obtainablo here, excepting in cases where dealers themselves are taking the risk of the market advancing. Sales of old stocks are being made from day to day at much better prices than were obtainable three months ago, mo that losses are not likely to be so heavy as seemed proi- able at the beginning of the winter. Another dealer in fancy goods is reported to have sus- pended payment, with liabilities representing a deficiency of about Tls. 75,000. The cumulative effect of this and other failures should be to lead to a curtailment of facilities to sanguine buyers of small resources, The Chamber of Commerce returns of stocks at the end of December have been published. The usual discrepancies between the estimated figures and those returned appear. English shirtings are 70,000 pieces in excess of the estimate; it is nct unlikely that some con- fasion has arisen in the returns of American pr. Shirtings, and English and American Shirtings, ' as if these three classes are added together they, kong and Wampa Doc`s have been u-glected are only 87,000 or 3 per cent. different from the with only small sales at 98 and 97, closing with estimated figures; American Drills ar surpris 8-11 rs at the former and probable sm dl buyers ingly heavy, being 156,000 pieces more than at the latter rates. Kowloon Wharves remain was expected, while white shirtings are 235.010 | quiet and without siles at quotation, closing pieces less than the estimated quantity. Turkey | with a few new issue shares on offer a' quola- Reds are 46,000 pieces in excess, while fancy tion. The lastest news from the north gives goods generally are very near the figures in the Shanghai Docks *), Hongkew Whers at 214, circular; a stock of over 200,000 pieces of plain bath wit buyr Amy Dicks e mia asg. and figured dyed cotton lastings and Italian cloths should bring it home to importers that the trade in fancy goods requires more careful supervision than has been bestowed upon it in recent times.
SHIPPING. Hongkong, Canton and Micans have continued to rules 10 g, and with no sl. lers meeting the demind at 29, the rat- improved | to 294, after a sinif sale at 291, the mark-t closing steady to sting at the higher ra -. | With this excep iou of Sills, which have improved to fix with buyers ad no sales, we hay nhang 3 or business to repot unde· this heading
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RefinexiES. -Nothing to report. MENING, -Charlinonges have c .anged hands at 8501, and tor · shares coull b⋅ p'ac-l at that rate. Raub contiene weak and without basi. ness X. Chinese Enginerings are enquired for at 15, but we have heard of no businesA and shares continu⋅ very secre- and ficult to btain at m rket rates. Langsats hav· im-
red to Is 4001
DOCKS, WHARVES AND Godowns - Honz-
1-eted.
With the
LANDS, HOTELS & BUILDINGS, exception of a decline in Kowloon Linde to 33 sellers, and a 'mall demand for Humphreys at
09
10, we have nothing to report under this heading.
COTTON MILLS.-Hongkongs remain un. changed and without business. In the absence of any qantations from the North we leave th, Northern Mills without any alterations,
MISCELLANEOUS, China Providents are enquired for at , Powells at 5, and Weissmans at 130. Siles have taken plac of Cements at
Watkins at 25, and Waisons at 101, the last named clo-ing "with a small lot on offer at 1040; China Providents close with sellers at 81, and buyers at 8, and Cements with sellers at 11, and possible small buyers at 11). We have rothing further to report under this heading.
Quotions are as follows:
Paid up.
QUOTATIONS.
COMPAST.
Alhambra
Banks-
Ps. 200 Nominal
$720 sellers
Hongkong &[3 hai...
$125
$715
$125
Ln. £79
La. £78
26 $51
$12 $10)
($10)
$6, sellers (81)
$10 $81, buyers
Tls. 50 ¡Pla. 66
$10 $10, sellers
National B. of Chinal Bell's Asbestos E. A..... 126. 6d. $7}, buyers China-Borneo Co.......... China Light & P. Co.
China Provident
Cotton Milla –
Ewo Hongkong International Lacu Kung Mow Seyche Dairy Farm
rls. 75 s. 65 Tls. 100 Tls. 72 Tls. 500) TT. 270
$6 $161
$55, sellers
$50
$53
$50
$98, sellers
$6 $10, sellers
-Tha,100 Tla. 80
Docks & Wharves-
II. & K. Wharf & G.
II. & W. Dock New Amoy Dock.. Shanghai Dock and
Enx, Co., Ld S'hai & H. Wharf... Tls. 100 Tls. 214 Fenwick & Co., Geo...! $25 $14 G. Island Cement. Hongkong & C. tias.. Hongkong Electric Hongkong Hotel Co... Hongkong lea Co........ 1. K. Milling (o, Id.; Hongkong Rope L'o..
Insurances —.
Canton China Fire. China Tra lors Hongkong Fire. North China.. Union
Yangtze
Land and Buildings ~! H'kong Land Invest., Humphrey's Estate Kowlton Land & B.
1
$10 $114, sellers 210 $175, buyers $10 (141, sellers $50 $101, buyers $25 $210 $100 $150, buyers
$10 $241
$50 ($212), sellers $20 $98, sales & sellers $25 $91, buyers $0.335
25 Plas. 87, sellers $100 $850
$60
($147} $135
$100 $101
$10 $10, buyers
$30 $33, sellers
$50 $48
Shanghai Land..............] Tix. 50TI«, 107 West Ponut Building
Mining
Charb nuaLOŠ Rails
Poak Tramways Philippine Co.
Refineries ---
China Sugar
Luzon Sugar Steamship Companies China an-l Minila... Douglas Steamship H., Canton & M.
Indo-China 8. N Co.
Shell Transport Co Star Ferry
Do. New South China M. Post. Steam Laundry Co. Stores & Dispensaries Campbell, M. & Ca Powell & Co., Wai Watkins
Watson & Co., A. S Wiesmann II. United Ashmonter
Do. Founders.... Union Waterboat Co.
'Hex.250 $500, sales & bay.
18 10 $8, sollers
$10 713
$1 $2 $10 $6
$100 $109, sellers $100 $15, buyers
$25 $15, sellers $50 $40 $15 $291, unloa
23
$3×4, sellers $20), tollera 21 40-, buyors $10 $24
$8 ($12)
$25 $20
$5 $6, sellors
$10 $17, buyers $10 $5, buyers $10 $2į, sales $10 $10.40, sellers $100 $130, buyers
$4 $10, bayern $0 $150, buyers $10 $104, sollers
VERNON & 8MYTH, Brokers.
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