Östobér $1, 1908.]
CHINA OVERLAND TRADE REPORT.
**
OPIUM.
Halwa.Patna, Brnares. Persian
58
—
1,501 1,842 1,161
841
100
"
16th
U
21st "
19
++
26th
10
28th
Lightning
Spear Fooksang Lipang
100
06
100
'80
100
15
100
1,501
2,40% 1,357
1411
200
to
436
125
309
trouble to thoroughly investigate things and they, have therefore accepted a back seat amongst the nations in the world-not becanee HONGKONG, Oct. 29th-Since the 15th instant, foreigners are in any way inferior to the the movements in the various Opium markets to the Chines Of recent years China has have been as follows: — been sealously intent on progressing, but the knowledge of the people in the manufacturing stocks on the 15th Oct., 1908- line is still young and tender. Now nota, for Oct. 15th Imports per desage example the "fast that" the two vessels con- structed by the Kwong Hip Loong in Hongkong surpass in speed those built by the leading foreign shipbuilding firm in that Colony. Who can say that there are no clever men in the State of Chun? Why should we yield to foreigners as the only people who are capable of building battleships and steamships? On this occasion, concludes the writer, our countrymu have displayed extraordinary talent and ability and we trust that in future the high officials will encourage our countrymen by placing orders with them for the construction of vessels for the Government, and we also hopa that our mercbants will establish steamship concerns to compete with the foreigners in the steamship trade on the Pacific.
IMPORTS. :-
COMMERCIAL.
RICE.
HONGKONG, 31st October:-The prices are further advancing, holders being firm.
Quotations are 1---
Bound. Good quality Long...
Less Exports to Shanghai
Les Exports to East and West Coast Porta including Local Consumption for the fortnight
Estimated Stocks this day
1,174 1,830
56
922 84.3
dull
during the period under review and prices have
Bengal. The market has ruled very declined to $1,185 for Old Patna and $1000 for New Benares. A few chests of New Patus have been sold to arrive at $1,205.
drug have
Malwa,-A few chests of new changed hands at $1,200/75.
Persian.- We quote superior drug at $950.
HONGKONG, October 26th.
Quotations are:—
Malwa New
Malwa Old
Malwa Older Malwa Very Old Persian Fine Quality
$1280/1280 por pien1.
$1290/1300 dʊ. $1810/1820 do. .$1830/1850 do.
$880
do.
Saigon, Ordinary
$5.20 to $5,23 | Persian Extra Fine
$930
do.
13
5.05 to 5.15
5.10 Patna New
$1206
per chest.
12
to
5,20 Patna Old .
$1195
do.
Ja
Garden, White,
J
Siam, Field will cleaned, No. 2... 4.75
No. 1... 4.800 to 4.95 Benares Old
5.00 to 5.10 5.75 to 6.85
to
4.85 Benares New
$1100
do.
.$1090
d.
KOBE MARKET
|
in and around the comumfng“ da have had the effect of entirely disory sequent on the late heavy rain and trade and the market is now at a con standstill. Holders, however, strengtheóeð telegraphic advices from Bombay, are fris late rates, whilst dealers being fairly well plied with all grades of Twist can afford to developement. The most noticeable feature of the interval has been the large enquiry the No. 12s for the Shanghai and Northern pörta. Prices although, showing here and there some variation may generally be termed unchanged and the market closes quiet but steady.
bay continues very strong. Sales of the fortnight aggregate 7,225 bales, arrivals amount toʻ18/06 bales, unsold stock estimated at 11,000“ sind uncleared stock landing and in godowns about 18,000 bales. Local Manufacture :-No búkliške is reported. Japanese Yarn:-Nothing_doing. Raw Cotton:-Indian descriptions are in vOKY
$231. In China rinds 215 bales Shanghai have triding stocks, and small enquiry, the only male
changed hands at $261 and $87. Stocks 178 of the interval being 75 superfine Bengals at
bales Indian and 896 China. Quotations are Indian $21 to $234 and China $25 to $28, Ex- change on India after alight fluctuations closes to-day at Ks. 182 for T/T and Rs. 182) for Post. On Shanghai 754 and on Japan 85). The mader- noted business in imported and local spinnings is reported from Shanghai during the fortnight
led the 19th inst at, vix :--- Indian In bri-k demand, sales amounting to close upon 7,000 bales and prices showing" an advance of one Tael, market closing strong with small stook. Estimated unsold and uncleared stock about 17,000 bales Japanese-Sales reported amount to about 600 bases on the basis of Fla. 94 to 101 for No. 168 and Tis, 1024 to 108 for No. 208. Local:-No business is reported from
first hands.
Fine Cargo
SAIGON.-Messrs. Wm. G. Hale & Co. in their latest circular dated Saigon 16th October, 1eport:— Prices rule high and our market keeps firm as stocks of old grain diminish. Weather proves favourable to the growing Crops. For October to November delivery the quotations are:- No. 2 White sifted (trié) steam milled
round
The latest Kobs Market Report. Published under the Kobe Foreign Board of Trade sayı :-
5% Cargo ateam milled round
No. 2 White unsifted (ordinaire) stcam
milled (round)
$4.10
3.58 3.52
3.45
11
10% Cargo steam milled round
20% Cargo stean willed round
* Prices according to terms and conditions. The following is a statement of this year's Ex- ports of White Rice, Cargo Rice and Paddy:~
Destinationn.
Hongkong
Shanghai
Ningpo
Manila
Iloilo
Cebu
Japan
Singapore
Batavia
Samarang
Sourabaya
Passoeran
Cheribon... Noumes Reunion
Europe
Total
יי
COTTON.
B
or
PIECE GOODS.
Messrs. Noel, Murray & Co. of Shanghai in their latest Piece Goods Report, dated Shanghai 23rd October, states:-Nothing has occurred dur-
that
Agricultural department issued on the 2nd insting the interval to enliven the market in any way;
American.-The official crop condition of the
was given at 6.97. In view of this porcentage, the
and even the clearing up of the weather has not total crop is estimated to be 12,500,000 to 13,000,000 caused any material improvement in deliveries. bales in addition to which, cotton gianed to date
The stringency in the money market has been is reported to be 268,200 bales, which is consider-
more accentuated latterly, owing to the failure of ably above the quantity gioned last year for
two small Native Banks in Namtos, and the super- the corresponding period. These circumstances
sion of payment of the Hong Yu Tu-tsian, with combined have caused
liabilities of Th. 896,000 referred to in our last, fall in prices for forward cotton, and the market elses with
has not yet lost it influence. The Hong carried weak Jendency. Middling are
Latest quotations of “forward"
on a businem in flour and general merchandise in Y. 29.75 to Y. 30,00, being a
addition to piece goods, and, as several wealthy men decline of Y. 100 since the early part of the
here are known to have had shares in it, it is not Total pcs.
past fortnight. Some business has been reported anticipated that the eventual loss will be very exten- .2,680,100 on a small scale. "Spot" remains nominal at sively felt. The native bankers, however, are still
76,400 Y. 29.75. Indian.-Prices have ruked compar
acting with the greatest caution and will only grant 45,300
atively high, but as transactions in yaru have acomodation to the very best firms, and 915,000 been small, no business of importance is report-
only to a very limited extent. Some arrangements 124,000 ed in either "forward "
mud have been made, however, to renew loans, for "spot with the 449,000 exception of some "forward" Kengal. Closing
it is now three days only to the end of the month 1,765,100 rates are: Broach Y 23.75 Akola Kbanguam Y.
and nothing has transpired as to the trouble that 670,800 22.75. Bengal Y22.25. Chinese. -Some "forward"
was anticipated in that connection. No advices 125,900 business has been done in both "forward
appear to have been received concerning the pro- 140,800
"spot
but of no importance. Best closes atgress of the "look-out" in Lancashire, bat in the 64,000 Y25.00, common a Y22.75.
eantime Manchester keeps firm, and counter offers from this side meet with little or no consideration, though at the quotations given fairly early delivery can be obtained, January and February shipment for instance The Liverpool Cotton Market is keep- ing up fairly well. quotations at the clone yesterday being 4.978. spot and 4.57d. January and February for Mid-American, while Egyptain has advanced another sixteenth to 71d. The market for Flece Gods in New York is firmer in consequence of good home demand, which, however, senas, we affect some weights more than others. Bevarni quotations appears to have come to anything is the available have come to hand, but the only business_that stock of the Abbeville goods at gradually #reng- thening prices. The latest quotations received for cotton in New York are 8.72 cents for January and 8.62 cents for March, which is slightly over the equivalent of the Liverpool quotation, and shows mistic views that were held owing to the an advance during the week, in spite of the peasi
972,700
40,300
24,000 209,500 3,176,800
SUGAR.
and
At the
The Kobe. Market Report of the 16th insty says-Beet. The market remains unchanged. Cana-Raw.-The market is stationary. Mus i1,473,30) Same period of last year....
covados Basis Polarisation 96 per cent. Colour 15,279,000 Tonnage.—Quotations stand as follows: 5 cents ex, ship.
average 12 is quoted at Y. 5.85/5.95 per picul Osaka Kefined-The Trust Sales to Hongkong: 18 to 19 cents to Java; 19 to 20 Offices held auctions of Osaka Befined Sugars cente to the Philippines 19 to 20 cents to Japan on the 20th ultimo and 13th instant, and 11 to 12 cents to Singapore.
first sale 6,500 bags were put up and disposed Charters.-The following are the settlements of at prices shewing a decline of from 5 to 50 Bourbon, French str., 26.000 picats to Hongkong sen per bag. At the second auction 8,500 bage at: 5 cents per picul, Laertes, British str, 32.000 piculs to Hongkong at 5 cents per picul, Kampot, French str. 16.000 picula to Singapore at 12 cents per pical, Spir, Norwegian str., 29,000 piculs to Singapore $8,500 in full, Fri, Norwegian str., 30.000 piculs to Singapore $3.750 in full. 1,300 bags of Yokohama Befined and 1,700 bagarrivals of the new crop. The one and only
Exports during the month of white rice cargo rice and paddy have been -
Hongkong....
Manila
Себи
Japan..
Singapore..
Passoeran.
Sourabaya..............
Total...........
were offered, Of these 2,800 bags were knocked down at an advance of 10 to 25 sen on the prices realized on the 29th ultimo, while 8,700 bags were disposed at unchanged prices. In addition to the quantities mentioned above, Kobe Rafined were sold at the suction on the 18th inst
YARN.
piculs
22,200 80,100 67,700 65,000
HONGKONG-Mr. P. Eduljee, in his Report dated 29th October, states:-A considerable falling off 86,100 33,000 in the volume of business is noticeable in this 166,600 market, and the sales noted below were affected
chiefly during the earlier portion of the fort 421,800 night. Since then reports of floods and change
ing feature about our market is the unabated mand for Indian Cotton Yarn. In spite of efforts untive holders have made to depress price Foreign Importers continue to have their own and seem to find it easy to manipulate their Bold- of the efforts the Japanese are putting forth ings. This is the more satisfactory as it:
turn the currant of demand. in the their spinnings by the very reprehe of lotteries, which are entirely