--
352
1
OPIUM.
HONGKONG, Nov. 12th-Since the 31st ultimo, the movements in the various Opium markets have been as follows:--
¿
Malwa, Patna, Benares, Persian Stocks on the 29th Oct., 1908 — 1,174 1,830 829 843 Oct. 29th Importa per Delki
100
66 Nov. 5th
*13 393
200
**
10
Japan
9th 11th
11
11
"
4. Behic Осеана
0
70
1,174 2,954 1,337
дай
Less Exports to Shanghai
Less Exports to East and West Coast Ports including Local Consumption for the fortnight..
Estimated Stocks this day ..
تدا
1571 407 282
W
1,016) 2,302 1,075 943
Bengal. There was a fair demand last week chiefly for New Benares, but the Chinese having supplied their requirements and in the absence of any support from Shanghai, the market has again become dull. We quote Old Patna at $1190, and New Benares at $1090.
Malwa. We have to report a very dull market and no quotations can be given.
Persian.- Quiet at $940/50, for superior drug.
Quotations are :~-~
Malwa New
Malwa Old
Malwa Older
Malwa Very Old
HONGKONG, November 6th.
..$1280/1290 per picul.
$1300/1310 do. .$1320/1330 do. .$1340/1850 do. do. do.
Persian Fine Quality
.$870
Persian Extra Fine
.$930
Patna New
.$1205
per chest.
Patna Old
$1195
do.
.$1097}
do.
Benares New
Benares Old
-
KOBE MARKET
do.
Cotton.
The October 29th, Kobe Market Report, Published under the Kobe Foreign Board of Trade Baya:-Cotton. -American. -No business of importance has transpired during the past fort- night, due to weak feeling prevailing in the market as regards prices for forward Latest quotation of Middling, October shipment, is given at Y. 30.50. "Spot" is nominal at Y. 30.00. Indian.-Notwithstanding the com- mencement of the
season for operating in "forward," business in this direction has likewise boen small, owing to the disparity between ideas "Spot." of spinners and sellers regarding prices. however, has been moving on a moderate scalo at the following rates: Broach (est) Y. 26.00; Akola Khauguam Y. 22.50; Bengal Y. 22.25. Chinese.-Transactions which have been effected in both "forward" and "spot" have not been as large as operations of the corresponding period of last year. The cause is attributed in someway to qualities being somewhat unsatisfactory. is quoted at Y. 24.50, and Common at Y. 21.75. Shirtings, Cotton Goods and Fancies. Worsteds and Woollens, very quiet. Metals-No change. Rice. Prices more or less nominal, no business doing..
SUGAR.
Best
KOBE, 29th October. Beet. Unchanged. Cane-Baw-Javu.-A small business doing at
Formosan. somewhat better prices.
- Stocks exhausted. Osaka Refined.-The Trust Sales Office held action on the 23rd instant, when 8,500 Bags were put up and 7,500 Bags were disposed
In
off at an advance of from 5 to 10 Sen in some grades, while 1,000 Bags are withdrawn. addition to the above mentioned. 700 Bags Yokohama Refined and 900 Kube Refined Sugars
were sold.
YARN.
|
|
THE HONGKONG WEEKLY PRESS AND
dealers some concern, as beyond their late con- tract goods very little is coming forward for sale and they must shortly find necessary to place further orders. Receipts for the fortnight are above the average, but as deliveries also a e largo our estimate of stocks shows a small decrease on last figures. Bombay is reported strong with a
considerable business for the China markets. Sales of the interval aggregate 7,086 bales, arrivals amount to 12,239 bales, unsold stock estimated at 10,000 and uncleared stock landing and in godowns about 20,000 bales. Local Man- ufactura -There is no change in the con- Japanese tinued quietness of these threads. Yarn:-Neglected throughout. Raw Cotton : -Indian descriptions are in short supplies and only about 150 bales Bengals have changed hands at $21 leaving little or no stock on the market. In China kinds about 300 bales Shang. Stock 300 bales. hai have been sold at $271.
Quotation are Indian $22 to 24 and Chinese $20 to 28. Exchange on India bas taken a down- ward course in sympathy with silver and closes weak to-day at Ra 129 for T [ and Ka, 130) for Post. On Shanghai 751 and on Japan 84. The undernoted business in imported and local spinnings is reported from Shanghai during the fortnight ended the 3rd instant, viz:-Inđiân :— Settlements are comparatively small, but short- ness of supplies has affected business. reported are about 5,000 bales at an appreciation of one Tael per bale, market closing very strong with an estimated small stock of 18,500 bales. Japan Yarn: -Market firm with meagre stock. Sales about 1,00) hales on the basis of Tls. 94 to 102 for No. 1fs and Tls. 103 to 109 for No. 20%. Local:- No fresh business from first hands.
PIECE GOODS.
to
Sales
Messrs. [lbert & Co.'s Report, dated Shanghai, October 2tb, says. A small business for New- chwang and Chefoo is all that is reported this week, demand for the former being for American Sheetings, and for the latter, a trifling dewand for Fancy and Dyed Gooda. In yarn there is a fair inquiry from Szechuan and Newchwang. Otherwise than this, however, there is. practi- cally no movement in our market, and though dealers state that letters from their merchants in up-country distributing centres report that stocks in hand are down to nothing, yet there are no country orders coming in. There are, as al ways must be, in a country of vast area and different requirements, local causes which temporary depression may be assigned to certain district, hut apart from such, there bas not been anything. in the agricultural or general a whole, to show position of the country as cause for a contraction of trade, no matter how drastically the object lessons of overtrading may have been brought home to those engaged in the piece-goods business at the ports of entry. A purchase of 3-yard Abbeville Sheetings in America at 9 6 c.i.f. is reported, which lays down at fully Tis. 4.40 at to-day's exchange, stocks of American heavy Sheetings are gradually declin- ing. but at the present rate of consumption are still ample for the requirements of the trade, and unless our improvement takes place the pro- spects of a satisfactory margin being obtained on the above price do not appear to be par- ticularly bright. The strike in England still continues. but so far has had absolutely effect on this maket. Chinese apparently, think they will get all the supplies they want fur some time to come; it is so long since they experienced scarcity of supply that they ap parently do not believe there is such a thing. Large sales of local yarn have been made for forward delivery at irregular prices, the market generally is well sold ahead and spinners are not disposed to give way in their prices ander prevent
conditions.
no
In the meantime Japanese competi- tion is being stimulated by lottery tickets given away with purchases. the prizes for which amount to Yen 50,000 per quarter: presumably the prizes are distributed amongst buyers of Japanese yarn in all the ports of China; if so, the net import last year was about 190,000 bales so that the amount presumably returned to buyers is about one yen per bale, which will in the long run come out of the consumer pockets. The practice is generally considered to be unfair competition, and it is doubttul if confidence in Japanese methods will be increased by experiments of this nature. Local cotton is firm; notwithstanding all that has been said and written the Chinese authorities make no effort to interfere with the adulteration of cotton by moisture, a practice which damages
HONGKONG-Mr. P. Eduljee, in his Report dated 13th November, states:-The quict feeling allud- .ed to in last report was not of long duration, as shorty after the departure of the Mail, dealers again put in an appearance in consequence of a declining exchange. Business was resumed and has continued satisfactory throughout the fortnight, and settlements both for prompt and furture delivery have been on a fairly large scale. Prices of Twenties have well maintained their position and for the lower counts a further advance of half to two Dollars per bale has been established. I the fibre itself and makes it unsafe to store The question of supplies appears to be giving cotton for a lengthened period,
|
[November 14, 1909
HONGKONG PRICES CURRENT.
HONGKONG, 14th November, 1908. COTTON PIECE GOODS- Grey Shirtings-6lbs.
piece #
7 lbs. 8.4 lbs. 10 lbs.
19
$ 2.25 to 2,50
$4
3.15 to 4.15
14
4.05 to 5.45
White Shirtings-54/56 reed.
2.70 to 3.55
01
58/60 64/66 Fine... Book-folds
3.55 to 5.95
+
6.10 to 0.80
#
8,08 to 9.80
5:50 to 6.00
"
0.60 to 1.75
11
2.00 to £.20
2.30 to 3.35
3.35 to 8.85
**
3.25 to 4.15
4.50 to 5.20
20
Victoria Lawns-12 yards T-Cloths-6 lbs. (32 in.) Ord'y„,
7 The. 6 lbs.
7 lbs.
11
Mexicans,
"
8 to 8.4 oz., (36 in.)
Drills, English-40 yds., 131 to 14 lbs.
/
FANCY COTTO N8 -
Turkey Red Shirtings-1) to 6 lbs. piece
$1.85 to $4.25
yard 0.11 to 14.75
Brocades-Dyed Chinese-Assorted Velvets-Black, 22 in., Velveteens-18 in.... Handkerchiefs Imitation
WOOLLENS
"Silk peridoton
0.09 to 0.25
[
0.27 to 0.56
0.50 to 0.27
Spanish Stripes-Sundry chops
German,
0.50 to 2.00
yard $0.70 to $2.00
0.50 to 0.05
+1
0,05 to 8.00 8.25 to
Habit, Medium & Broad Cloths,, Long Ella-Scarlet, 7-9 lbs. piece
Assorted.
Camlets-Assorted
Lastings-30 yds. 31 inches
Assorted
Orleans-Plain... Blankets-8 to 12 RAW COTTON—
Bombay
Bengal (New), Rangoon
and Dacca..
Shanghai and Japanese... Tungchow and Ningpo METALS-
Iron-Nail Rod.
9.50
7.85 to 9.60
#T
12.00 to 30.00
**
13.50 to 21.00
45
9.50 to 11,00 lbs. 0.80 to 1.40
picul $23.00 to $24.00
24.00 to 24.50
Square, Flat, Round Bar (Eng.)...
Swedish Bar
26.00 to 27,00
"
26.00 to 28,00
..picul $ 4.10
4.03
4.13
19
4.50
72
5.60
0.80
3.00
11
0.25
Yellow Metal-Muntz 14 28 oz.
40.00
11
Vivian's, 16/32 oz., Elliots, 16/28 oz
40,00
12
40.00
85.00
Small Round Rod Hoop, I to 11/2 in. Wire, 16/25 oz., Old Wire Rope......
Lead-L. B. & Co. and Hole Chop
Australian
Tiu,
Tin-Plates, Steel HISCELLANEOUS —
Quicksilver, Window Glass, Kerosene Oil.. Saltpetre, No. 1
Do. No. 2 Do. No. 3 WHEATEN FLOUR-
Dayton, per bag of 50 lbs. Choice White Lily Morjun Morning Glory White Fawa
C11
Chess T.H.L. Corcomb
ון
box 8.00
owt. case
picul 175.00 box
case
4.75
picul $11.75 to 12.00
10.00 to 11.30
9,75 to 10.20
gross $2.32
2.36
"
2.89
to
2.33
2.38
2.30
2.22
2.32
2.32
2.32
Store
2.82
Sperry's XXX.
3.02
Pioneer...
2.57
2.27
2.27
2.27
1.37
1.27
"
2.37
2.07
2.62
2.23
24
2.15
3.29
1.27
**་
2,29
8.80
+
2.23
2.23
"
2.23
"
1.23
2.23
Anchor Charm
"Hak Dog Cash Duck Lily Crescent Start Peerle Kilin
Blue Ribbon Reardon White Rose Berene Sky Gluten Lobstou
Fairy Peach.
The Boss
Mowtan Peony
1.14