282

IMPORTS. :-

COMMERCIAL.

RICE.

HONGKONG, 28th September:~The prices are declining market being dull.

Quotations are :--

Saigon, Ordinary

.$1.00 to $4,65 5.00

Round, Good quality

Long....

4.95 to 6.00 to

5.05

Siam, Field mill cleaned, No. 2... 4.66

to

Garden,

No. 1... 4.60

to

11

22

White,

#1

Fine Cargo

4.75 to 5.40 to

4.70 4.85 5.45

OPIUM.

נז

Quotations are:-

HONGKONG, September 25th.

$1150/1160 per picul, .$1170/1180 do.

THE HONGKONG WEEKLY PRESS AND

to Newchwang at Tla. 4.871, Tis. 4.7$, Tls. 4.55 to Tls, 4.60 and 'l'ls. 4.55 respectively. Beyond the above we have not heard of much business, bat while there is the usual quiet sales being made, there is little doubt that there is a much more general enquiry than there has been for many months past. The prices, however, at which the| native is willing to buy, is so much below the rates asked by importers, that the results are small. In Fancies à few sales have been made from stock, and some indents of special chope and makes have been entered into for shipment dur- 4.70ing the latter part of this year.

The Home mar- kets are firmer, and recent telegrama from Manchester make prices much stronger, in fact rates of two weeks ago, would not be entertained. The export for the fortnight ending 11th instant, was eleven million yards. The New York market is also stronger, and offers to pay for this market have met with little success. The price of cotton is distinctly firmer, the latest quotations for Oct. December and January shipment being respective ly 8.80 cents, 8.68 cents and 8.60 cents. Indian Yarn market has continued quite brisk during the week, and sales of 5685 bales have been made at advances of about one tael and a half per bale. The chief buyers have been from the Newchwang and Szechien markets, which have paid most attention to No. 10s, and would still go on buying. Clearandes, all round, while not being very large do not decrease, and in the present state of things may be considered satis- fair factory. In Japan and local spinnings a business has been done, and clearances of the lat- ter have been very good. At the Yuen Fong auction in 10th inst., prices inclined to be easier, heavy Grey goods being particularly, so but Jeans and T-Cloths in some instances showed advances. Turkey Reds, with the exception of two chops of 44ths, and 6ths, are all lower, but prices for the full quantity of Black Cotton Italians were maintained. At to day's auction prices again tended towards weaknem Prices for Woollens have not advanced, and are much the same as they were a week ago.

Malwa New

Malwa Old

Malwa Older

$1190/1200 do.

Malwa Very Old

.$1210/1220 do.

Persian Fine Quality

.$850

Persian Extra Finé

.$925

Patna New

.$1190

do. do. per chest.

Patna Old

do.

$1135 $1135

do. dɔ.

Benares New

Benures Old

JAPANESE MARKETS.

Fortnightly Circular dated Yokohama, 15th Sept. 1908, states: -

14

have

Market Information.-Cotton Yarns.-There is a very slight recovery in fine counts; business, however, is very quiet and values are nominally unchanged. Cotton Piece Goods.-Deliveries of "Gri

cloths have continued on a fair scale, and Black " and Coloured" fabrics commenced to move. Buyers of the latter, however, have adopted a

hand-to-mouth ' policy. Woollen and Woollen Mixtures.--The market generally has improved and country buyers are reported to be busy in Tokyo.

Army Cloths are moving away freely, also Meltons, but the bankrupt stocks which have been placed on the market keep prices unduly depressed. Textiles Generally. The consumptive domand is "reported" good, but Tokyo merchants aver they are losing heavily on all clearances. When Manchester prices are stoady, buyers will doubt less again appear. It is the weakness of Man- chester that adversely affects this market at the present moment. Bow Cotton.-Spinners still refrain from placing orders to any large extent. The rise in home values has further contributed to impede business. Rice.-The Saigon market has seen a considerable advance, but local quotations are unchanged, no business being transacted. Metals.

EXPORTS:-

SILK REPORT.

The

Raw Silk-During the current month prices for full-sized Milks have been firm and very steady, Japanese exporters promptly checking any sign of a decline. On the other hand, flae sizes for

Europe are somewhat lower, there being almost no demand from this quarter. The autumn cocoon crop, which is now practically finished, has been rather disappointing, and it is estimated that the season's crop available for export will be about the same as last year, viz., 100/105,000

bales.

Waste Silk-A few purchases have been made by exporters since last. Report at prices showing some decline. No change to report.

As important orders are coming in from consuming centres, the market is weaker.

Window Glass.—The situation remains the same. Kerosine.-Arrivals and deliveries for the first half of September show: Etandard Oil Co., arrivals nil, deliveries 9,400 casos; Rising Sun Petroleum Co., arrivals nil, deliveries 6,000 units. Sugar. The market is still dull. Flour-Prices remain firm, but there is very little doing in the way of new [business. Beveral large ship ments are reported of “Gold Drop," presumably on consignment to try and keep the brand on the market; otherwise, prices still remain the same as last reported, but these must go higher on fresh importations as quotations have gone up 10 cents gold per barrel on all grades owing to increase in freights. Wheat. There have been no importations for some considerable time, and the present stock of old Wheat is small which is all held by the mills who refrain from giving any fresh orders for the time being owing to the high prices asked in America.

PIECE GOODS.

Messrs. Noel, Murray & Co.'s Piece Goods Report, dated Shanghai 18th September, 1908, states:-The Mid-Autumn settling day passed off with very little trouble, but the merchants have not yet begun seriously to think of future business. So far the business of the week, has been confined to the Newchwang and Tientsia dealers, who have bought a fair quantity of goods chiefly from second hands, of American makes at Tls. 4,25 to Tls. 4.30 for Three Rabbit and Horse and Dog Sheetings, and we hear a nice line of Flying Horse to Tla 4.30. The Tientsin dealers have paid most attention to the lower qualities, and have bought the Round Woman and Emperor Horee chops at Tla. 4.16. In American Drills a fair business has also been done, and sales of P.M.C., Flying Horse, Cat and Head and Fox Head B.B. Drills, have been made

HABUTAI

Kanazawa.-There is no change of importance to report since the first of the month, prices showing only a trifling dedine. There has been considerable business in 23 inch goods, especially in the raw, for Europe, and American buyers Echizen.The only item of interest to be noticed have been particularly interested in 27 inch. in this market has been the anticipated decline in prices for 6 inme., quotations for which are falling more into line in proportion to the other weights. There has not been much demand from abroad, and moreover, that for heavy goods bas shown a distinct falling off. Kawamata.—Prices have shown a considerable decline in all widths

(September 28, 1908

Hankow, Sept. 10th.-The prices quoted are for the net shipping weight "ozaluding cost of packing for export

Per picul

Cowhides, best selected Do. seconds

Buffalo hides, best selected Goatslins, untanned, chiefly white

colour.....

+

#

19

Buffalo Horns, average 3 lbs, each White China Grask, Wachang and/or

Poochi.. White ChinaGrass, Sinshan and/or Chayu „ Green China Grass, Szechuen Jute..

White Vegetable Tallow, Kinchow White Vegetable Tallow, Pingohow

and or Macheng White Vegetable Tallow, Mongyu Green Vegetable Tallow, Kiyu................................. Animal Tallow Gallnate, nsual shape Gallnats, plum do. Tobacco, Tingchow Tobacco, Wongkong. Black Bristles, Rifings

Feathers, grey and/or white Wild Duck Turmbric

Sesanum Seed Sesamum Seed Oil Wood Oil.. Tea Oil

11.00

10.00

8,00

11.40

10.00

"

12.80

16.00

18.25

#

影響

事务

"

5.75

10

་་

8.00

24

"

HONGKONG SHARE QUOTATIONS.

HONGKONG, 25th September, 1908. -Our report of last week, owing to an unfortunate printer's error, appeared somewhat distorted for which we apologise to our readers. What we then wrote is equally, applicable to the present situation, in so far as the actual volume of business transacted is only restricted by the reludance of holders to meet the ideas of intending purchasers, the demand for most investment securities continuing as sotive as before. The festure of the past week has been the phenomenal advance in Unions for which a strong demand at the close gives promise of even higher rates in the no distant futuro. Baralver has eased off during the interval, and is now quoted at 23}}d, with T.T. on London at 1d. The rate on Shanghai is still quoted at 7 T,T.

BANKS. Hongkong and Shanghais have with probable buyers at ruled steady with sales at $768 and 8770 closing the higher rate. London is unchanged at £80. There is no change to report in Nationals which continue without business.

MARINE

INSURANCES. Unions have been in strong demand throughout the interval, and with few shares available the rate has rapidly risen until $795 is offered, with s probability of 8803 being paid. A sale at $790 close this could be improved upon. is reported, but there is no doubt that at the Other stocks under this head are unchanged, but Yang tezes can be placed at quotation.

FIRM INSURANCES.—Chinas are wanted at

the mproved rate of $94, and Hongkongs under offer would realize $325. Sales of the latter are reported at $320, but at this the market closes strong with no shares available.

HIPPING.-Hongkong, Canton and Macaos

consequent upon the absence of any important have been booked at $28) and $29 closing enquiry.

CAMPHOR.

is

no

HONGKONG, 28th September-There change in the tone of the market. Quotations are $86.00 to $87.00

MISCELLANEOUS EXPORTS

Per P. & O. str. Malta, sailed on 19th Sopt. For Antwerp --250 bales hemp. For Manchester: -433 bales waste silk. For Liverpool-1,350 bales hemp.

For Gibraltar-1 case silk piece goods, 2 cases glassware. For Barcelona:-5 bales raw silk. For Lyons:-200 bales raw silk. For Marseilles-50 bales waste silk, 100 bales raw silk. For 'London :-4,988 bales hemp, 2,099 packages tea, 1,507 cases preserves, 150 bales waste silk, 400 bales pierced cocoons:-170 bales raw silk, 658 rolla ipattiþg, 51 cases bird's feathers, 20 bales bulbs, 42 cases Chinaware, 20 cases gum elemi, 10 packages þigars &o., 5 cases silks and 100 chests preserves,

with buyers at the former rate. Other stocks in this section are unchanged and without business.

BEFINBBIES, -China Sugars are essier with sellors at $125. Luzons are as last quoted and without business,

MINING. - Quotations are unchanged aud there is no business to report.

DOCKS, WHARVES AND GODOWNS.—Hong- kong and Whamps Docks are somewhat easier with sellers at $95. Sales are reported of Kow- loon Wharves at $49, and of "Shanghai and Shanghai Hongkow Wharves at Tls. 160. Docks are firmer in the north with sales at Th 86,

West

LANDS, HOTEls and BoilDINGS. - Ponts have been booked at $46 and Humphreys Estates at the reduced rate of $9. Hongkong Lands are unchanged with probable sellers at $94, and Kowloon Lands at $27. Shanghai Lands have declined to Tla, 117,

i

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