384
JAPAN IMPORT MARKET
YOKOHAMA, MAY 30TH. COTTON YARNE.—Businers is still very dull, and clearances are unsatisfactory.
COTTON PIECz Goods.— No new business to report in these. There is an appreciable advance in first cost for all grades.
WOOLLEN And WoollEN MIXTURES.- Condi- tions, if anything, are worse than they were a fortnight ago. Two large Woollen Cloth dealers are reported to be in difficulties, which implies that goods may be offered on the market at sacri- ficial prices.
Textiles GENERALLY.—The situation remains much the same as last reported, with no new business to speak of. Clearances of accumulated stock continue to be very slow.
BAW COTTON,- Market dull. METALS.-There is a little business doing, and with reports that the home market is firm, con- ditions seem to be sonewhat improving. The large stocks held in Osaka still have a somewhat disquieting effect on this market.
KEROSINE OIL.-Arrivals and deliveries for the second half of May show Standard Oil Co,: Arrivals, 59,000 cases, deliveries 28,900; Rising Sun Petroleum Co.: Arrivals, 8,400 units; de- liveries 22,000 units.
FLOUR.
ceased,
- Foreign importation has entirely
WHEAT. The market remains in the same stagnant condition. Present stocks are about 15,000 tons held at Yokohama and Tokyo.
EXPORTS:--
TEA.
AMOY, 30th May.-The export since the 5th instant, has amounted to 620,277 lbs. Tamsui Oolong to the Pacific coast, all from Keelung. The arrivals of New Season's Tea amount to only 10 half-chests as compared with 1,759 half-chests last season.
FoocHow, June 5th-The following settlements have taken place during the week :---
Congous.-32.600 Half-chests, viz:
2,850 Roxes
Pakling.
5,648 Half-chests Paklum.
THE HONGKONG WEEKLY PRESS AND
FOOCHOW.-The total export for the season 1907-1908, as per Customs returns, was :--
Europe
South America
Australia & New Zealand United States & Canada South Africa Coast, Southward Northward
1907-1908
pounds!
18,068,908 167,808 2,054,784
SILK
[June 13, 1908
YOKOHAMA : From the Yokohama Foreign 1906-1902
Board of Trade Report, dated, May 80th:- pounds, Raw Silk-Since the 12th inst, a somewhat better 9,484,141 business has been done at steadily declining prices,
229,717
Americans having shown more activity than for 656,184 some time past, Desirable parcels of all descrip- 1,827,603 3,658,957 tions are by now becoming scarce, and Re-reels as 228,569 222,486 well as Kakedas are almost exhausted for the
47,279
12,911 season Weather conditions continue favourable, 1,112,962 5,836,471 and a large new crop is expected. Total settle- ments from 1st July, 1907, to 24th May, 1908 9,507,918 20,060,867 (including 44,990 bales shipments by Japanese The total in 1905-1906 as 24,377,309 lbs. and firms) have been 95,240 piouls.
Waste Silk, in 1904-1905, 28,088,257 lbs. The returns, it will
- Quotations show no change. be seen, show a steady decline.
Transactions at present are limited to small paroels. Settlements from May 12th to May 24th. 1,400 piculs. Total Settlements from July 1st to HANKOW, May 27th.-Business reported since May 24th, 33,500 piculs. took on May 25th is
estimated at 10,700 piculs,
"
the 20th inst., is as under:
Settlements
Ningchows.. Khemuns Wenchow Oopacks......
1908.
1907. -Chests. i-Chests 104,052 158,377
Consisting of the following Teas :-
-Chests,
¡ per pical .10,807 at T1s. 21.60 at 100.00 .25,964
23.00 63.00 21.00 17.80 26.75 16,50 28.00 21.00 36.00 17.00 18.50
Oonams Oofaas Seang-tams
11
152 ..37,660 ,52,178 ....59,220 8,071
93
1
21
#7
">
33
The following are Statistics at date compared with the corresponding circular of last season, viz, 29th May, 1907:
1909.
HANKOW TEA Settlements Stock
1-Chests.
..189,551
Arrivals ...
€3,455
...223,006
KIUKIANG TEA. Settlements...
Stock
Arrivals
Returns, stands thus:-
1907. -Chests. 184,971 65,233
250,204
1908.
1907. Chests -Chests. 81,667: 60,802 46,100 62,929
123,791 ...127,767
The export to 25th May, as per Customs
1908/9 1907/8 1906/7
lbs. lbs. lbs, .720,456 543,327 738,918
Via Shanghai,
To Great Britain
20,927
+3
Panyong-
595
Suey Kut.
1,422
Yung How.
1,632
Saryune.
916
510
Dust and Broken Leaf
"1
Continent
23
Russia via North
11
>>
Shanghai
Seu Moo.
Souchongs. 5,960 Half-chests.
Flowery Pekoes.-14 chests.
Total arrivals, settlements and stock to date compared with seasons 1906-1907 & 1907-1908-
Chests -Chests -Chests Chests Congou. Souchong. Colon g. Pekoe 325 7,500
—
Arrivals * 93,500
38,000 Settlements.. ‡ 80,810 14,610
6,077 Stocks......... 12,690 23,390 325 1,423 * Or 86,300 half-chests and 21,600 boxes,
74,210
19,800
*
J
The total Export of Tea from Foochow to Amarica, according to Invoices certified at the U. 8. Consulate, from commencement of Season to date has been 166,653 lbs. of Congou and Souchong, as compared with 67,181 last season same date.
The Tea Export Summary from commencement of Season to date has been :-
Austria France Germany Holland
Russia
Total lbs.
34,557 9,948 116,552
983
238,062
46,356
Other Countries
45,410
South America
Australia & N. Z.................................
125,777
U. S. & Canada.....
189,348
South Africa
Coastwise Southward
Total Shipments
Coastwise Northward
807,002
The total shipments show an excess of 265,265 A compared with the corresponding date last sesapn. The shipments to Europe amounted to 191,877 lbs.
Unite States & Ganads. 58,571 66,179 90,727 |.368,727 187,641 42,625 1.277,681 60,380 nil
Direct, 1908
8.3. "Sithonia".
3,553 47,415 62,572 Continent
Gd Britain.
.nil lbs!
94,820 lbs.
YOKOHAMA, May 30ra-Since the last report the market has risen sharply, and for the last week prices of all grades have ruled on a basis of Yen to 4 above those at the same period last year. The rise is caused by the heavy buying of native firors in Shidzuoka, and the demand for home consumption, which does not as a rule make itself felt until much later in the season. The make of the leaf at present offering is very poor, and the quality of the draw is not well sustained. Total settlements at Yokohama from May 1st to May 29th amount to 37,000 piculs, against 44,800 piculs at the corresponding date last year. Quotations:-Good Medjum Ÿ33 to 40, Fine Y40 to 46, Finest Y46 to 52, Choice Y52 to 57, Choicest, None offering.
Shipments since the beginning of the season commencing May 1st have been:-
New York and East
Chicago and West
Ibs. 999,770 826,982
..... 51,035
;
San Francisco and Pacific Coast 271,934 Canada
Europe, &c.
4,187
Total 2,160,908
CAMPHOR.
HONGKONG, June 12th-The price of Formosan camphor has advanced during the week, the quotation now being $92 to $95 per picul. The tone of the market remains unchanged
The Export of Silk from July 1st to May 30th has been-To Europe 81,955 bales; to America €4,879 bales-total 97,889 picals. 35,794 piculs of Waste Silk and Cocoons have also been exported. Habutai.-During the latter part of the month a general decline took place, and quotations for Kaga at the present moment are purely nominal, as owing to the sericultural season production has decreased, and there are not many goods on the market, l'here has been a small demand from America, but there is little new business or Europe. Echizen.-In the early days of the month a firmer tone was evident, but prices began to decline before the month had far advanced. No reliance can be placed on actual prices; and, moreover, quotations for the various widths and weights are entirely out of the usual proportions. The American market has again become com- pletely stagnant, and Earopean operators have been interested only in the heavier grades. Kawamata.-As is usual at this time of the year, more attention has been paid to the new raw material and the output of Habutai has greatly decreased. Prices have declined all round, and there has been no demand of any consequence.
SUGAR.
AMOY, 30th May.-The export between April 25th and May 29th amounted to 202 piouls Amoy White, No. 1; 2,648 piouls Brown Cha-sos and Tue-tung; and 3,749 piculs Candy, bringing the export for the year up to 563 piculs, Amoy White No. 1; 26,912 piculs Brown Cha-soa and Tus-tung ; and 9,901 piculs Candy. Quotations are:----
Amoy White No. 1
$7.60 per picul Brown Cha-soa........
Tue Tung..
Candy
4.80
$10.60 to $11.00
HEMP.
י
MANILA, June 7th.-The association of hemp growers has addressed a petition to the Governor- General asking the chief executive to aid the as- sociation with a loan of a million and a half pesos out of the funds of the insular treasury. In the petition the association states that it has been formed to put an end to the unjust speculation of the trusts. The petitioners estimate that 148,072 piculs of hemp will be raised per month and this will be valued at P.11 per picul or P.1,628,792, A loan of 75 per cent of the value on this would amount to P.1,221,591. Estimating that one fourth of the hemp output will be grown on the estates of the exporters it would leave 111,054 piculs valued at P.910,195. As the Assemblymen for the hemp districts have recommended the growers to lessen the output till the prices of the product shall rise, the petitioners further estimate that this will reduce the production to one half its former amount per month bringing it down to the value of about P.457,007 and thus a million and a half pesos loaned by the Government on the output of hemp will help to tide the growers over for three months in which time prices will be up again,
CAMPHOR AND CAMPHOR OIL,
FoоCHOW, June 5th.-The export of camphor for the year ended 81st May amounted to 13,193,84 piculs and the export of camphor oil to 4,827.85 piculs.
COPPER.
YOKOHAMA, May 30th-Another 1,000 tons sold at. Y32 to Y33 per picul and since then home values have experienced another collapse and sellers have retired from the market.