110
IMPORTS.
COMMERCIAL.
OPIUM.
HONGKONG, Feb. 4th-Since the 20th ult. the movements in the various Opium markets have been as follows:-
Malwa, Patua, Benures. Persian
735 1,102 Stocks on the 20th Jan., 1909–578) 2,703
92 Jan. 21st Imports per Devanka 1982
27th Feb 1st
1st
D
" 1st 4th
12
Lightning
"
"
1
*1
Namang Nore
13
11.
**
150 20
200 200 150 200
-
55 Salarie
150 00 Britannia 1,299
100 .en 115
3,859 9,543 1,530 1359,
Less Exports to Shanghai .. Less Exports to East and West Coast Ports including Local Consumption for the fortnight..
Estimated Stocks this day
60 233
77
994
371 200
3,722) 2,18 1,059 1,160
Bengal-After the complimentary sales during China New Year at $1,105 for Patna and $1,050 for Benares, no further business has been trans- acted and the market closes weak at the follow- ing nominal rates $1,100 for Patna and $1,050 for Benares.
THE HONGKONG WEEKLY PRESS AND ;
PIECE GOODS.
Messra. Noel, Murray & Co. in their Piece Goods Report, dated Shanghai 28th January, 1909, state:-The Chinese New Year holidays could not have passed off more auspicously than they have and the Native are more confident than ever that a great change for the better will take place in trade this year With unusual promti- tude have they hastered to resume business, and a goodly proportion of those who generally go home for a week or two at this period have already returned and have made their appearance on the market. Under the guise of what go under the name according to "olo custom” of "complimentary" purchases a fair amount of business went through yesterday both from stock and for near arrival, the demand and willingness to sell being much more general, but so far i et hands are concerned the enquiry has been almost entirely for Manchester goods and prices seem to be on a much more satisfactory basis than for a long time past. At the same- time they cannot actually be taken as a criterion of the real market, as most of the transactions must be anticipatory of the demand to come. In the natural course of things that should be delayed for two or three weeks, as China New Year was abrormally early, and on such occasioons there is usually a lull before orders commence coming in from the Country. It is difficult to glean with any degree of accuracy how the business year just passed has dealt with the Natives. It must been most disastrous to the majority, but a few have come out on the right side, notably four of the Tientsin mer-
MalwaThe market opened at $1,080.75 for two years old drug and $1,125 for three years, but the volume of business has been small. Deliveries still continue unsatisfactory.
Persian.-Superior drug has advanced to $1,000, chants who confine their business as much as
HONGKONG, February 28th
Quotations are:—
Malwa New
Malwa Old
$1080 $1100
do.
Malwa Older
$1120
do.
Malwa Very Old
$1150
do.
Persian Fine Quality
..$1000
do.
Persian Extra Fine
.$880
Patna New
Patna Old.
.$1105 $1135 .$1060
Benares New
Benares Old
.to move.
YARN.
do. per chest.
do.
do. do.
possible to this market and do not hold with the direct trade, they claim to have made from Tls. 70,000 to Tls. 125,000 each. The Native Bankers have not fared well and consequently per picul. only 58 have started this against 76 last year in these settlements, and 20, or exactly half the number that did business last year in Nantao, the suburbs of the Native City. It is therefore expected financial facilities will be consider- ably restricted. There is not much news in from the Country yet, but the favourable weather characteristics appear to have prevailed through- out. Nothing of especial note has been advised from Peking, the lowers that be quietly living down all sinister rumours, and carrying on the Government in a fairly liberal if not very pro- gressive spirit, which is not devoid of hope for HONGKONG-Mr. P. Eduljee, in his Report the future. The home markets appear to have dated 5th February states! With the close become unduly impressed with the more favour. of the native year prices appear
to have able symptoms of the market here, but must not touched their. lowe t point, for on the return ran away with the idea that there is going to be an immediate boom. Traders here have had of buyers to make their "New Year" con- gratulatory purchases better prices were offer- a very severe lesson and are going to act cautious- ed and the large sales noted below were effected. ly, until something more tangible than the The advance in values only amounts to fifty cents illusory prospective demands they have hitherto been working on actually do turn up. Certain to a dollar and a half per bale, and is still mach below replacing cost, but importers have been requirements are nec-ssarily more or less assured guided solely by local conditions and met the aud can with safety be anticipated, but there The market is must be a limit to it until trade co ditions deman freely while it lasted. showing signs of returning activity and we look are on a much more stable and safe a basis Who can tell, for instance, with the slightest for higher prices. Receipts are now on a smaller scale and holders are firmer, but prices are slow degree of certainty whether sterling rates are The country is reported almost bare going up to 38. Od. or down to 28. Od. within the next six months! That is of course an ex- of stocks, and advices from the consuming districts are very satisfactory; the yearly settlement of uc- treme case, but not without possibilities. Manu- counts having passed off there without difficulty and facturers must for the time being exercise some proportionate confidence is apparent. The market restraint, and not try to rush things. Meet the closes steady. Bombay continues strong. Sales
demand when it comes as promptly as possible, of the interval aggregate 18,075 bales, arrival but avoid anticipating it by ruuning into stock. amount to 4,132 bales, unsold stock estimated at Manchester is deci ledly firm and it is difficult 15,000 and gold but uncleared yarn in second to replace sales here. The upward trend of hands about 23,000 bales. Local Manufacture: Cotton has continued until 5,34d. for -No business is reported. Japanese Spinnings: American was advised from Liverpool yesterday. -Continue quiet. Raw Cotton-Is barely steady 'l'o-day it comes 5.27d. for spot and 5.14d. for with a very trifling off-take in both Indian and April/May, a private wire quoting 5.18d. for this China description. Sales reported are 99 bales month and next. Egyptian remains unchanged at 8d. The market in New York appears to new Bengals at $24 and 94 bales China at $29. Stocks are: Indian 200 bales and China 175 bales. be excited over the prospect of orders from China Quotations are:- Indian $22 to $24) and China $24 and for the most part prohibitive prices are be- to $29. Exchange on India, has continued ster dying quoted. Cotton is very firm, 9.73 cents for and fluctuated between Rs. 131 and Es. 132, March option being the special quotation re- and closes to-day at Rs. 132 for T/T and ceived-privately to-day. The Yarn market has Rs. 133 for Post. On Shanghai 74% and on not been properly opened by the Country buyers Japan 861 The undernoted business in imported and local spinnings is reported from Shanghai during the week euded the 20th ultimo, viz:-- Indian-Fully 2,000 bales liave been arranged for at a small concession, in price, although the general tone of the market is steady. Estimated stock landing and in godown about 16,500 bale. Japanese-A small general bus ness continues pissing in these threads and about 800 bale: are reported sold on the basis of Tis. 944 to 103 for No. 168 and Tis. 101 to 110 for No. 2:18. Prices for No. 16, are eassier, but for No. 20s rather higher in the absence of supplies. Local:-Uwing to the approach of the China New Year nothing has been done.
|
I
Mid
The
RICE.
[February 6, 1909,
HONGKONA, 6th February :-A few demands having come forward, the prices are declining Quotations are:--- Saigon, Ordinary
20
Round, Good quality Long...
$5.60 to 5,70 ...$5.35 to $5.40
5.50 to Siam, Field mill cleaned, No. 2...$5.7 to
No. 1... 5.30 Garden,
to White,
$5.25 to 5.30 to Fine Cargo
27
"
#
COAL.
5,55 5.76
5.35
5.30 5.35
HONGKONG, Feb. 5th.-The arrivals of coal since the 21st ultimo amounted to 48,400 tons of Japanese, 5,000 Cardiff and 5.000 Australian The coal expected is 57,500 tons Japanese, 11,900 tons Australian, 4,100 tons Hongay, 3.000 tons Borneo and 15,000 Wales. Quotations according to Messrs. Hughes and Hough's circular are as follows:-
yet. The transactions reported being purchases made in anticipation by the local dealers. Native Cotton is slightly firmer. The E-wo Auction that took place this morning appears to have been just a day or so too soon and showed a slight decline throughout, Woollens included. small rise in Exchange at the opening yesterday seems to have rather disconcerted the market, which was quite prepared to see a smart decline, but that was up-set by the vagaries of Silver. The consequence is there is no inclination to improve on previous prices, and on that basis a fair amonnt of busines has been done, both from first hands from stock and too arrive, and | in resales amongst the Natives.
Cardiff......$23.50 ex-godown, sellers. Australian $12.50 ex-godown, sellers. Yubari Lump...$12.00 Nominal,
Miiki Lump ...$10.50 to $11.00 ex-ship,nominal. Moji Lump .$7.75 to $9.50 ex-ship, steady. Moji Unscreened$6.00 to $8.00 ex-ship, steady, Akaike Lump ...$8.75 to $9.00 ex-ship, steady. Laluan Lump ...$9.00 ex-ship sellers.
HONGKONG PRICES CURRENT.
HONGKONG, 5th February, 1909.
COTTON PIECE GOODS-- Grey Shirtings-6lbs.
7 lbs. 8.4 lbs. 10 lbs. White Shirtings 54/56 reed
58/60
piece $1.85
+1
*1
2.25 to 2,55
2.80 to 4.05
21
4.15 to 5.40
2.65 to 8.65
"
3.65 to 5.95
33
64/66
39
6.10 to 7.15
Fine... 53 Book-folds
8.05 to 9.15
3.15 to 6.15
0,50 to 2.00
1.95 to 2.20
2,25 to 3.85
2
"
2.70 to 9.80
1>
19
3.20 to 4.20
4.40 to 5.40
Victoria Lawns-12 yards T-Cloths-6 lbs. (32 in.) Ord'y„.
7 lbs.
J
6 lbs. Mexicans,, 7 lbs.
27
8 to 8.4 oz., (36 in.) Drills, English—40 yds., 13} {
to 14 lbs.
FANCY COTTON8-
Turkey Red Shirtings-14 to 6 lbs. piece
Brocades-Dyed
وو
1.87 to 4.20
..yard 0.11 to 0.15
Chinese-Assorted Velvets-Black, 22 in., Velveteens-18 in., Handkerchiefs Imitation
35
0.09 to 0.15
0.25 to 0.55
33
0.23 to 0.29
to 2.00
Silk per dozen 0.50 WOOLLENS--
Spanish Stripes--Sundry chops
..yard 0.70 to
. German, Habit, Medium & Broad Cloths,, Long Ells-Scarlet, 7-9 lbs, piece Assorted...
Camlets-Assorted WHEATEN FLOUR—
Lastings-30 yds. 31 inches >
Assorted
Orleans-Plain..... Blankets-8. to 12
RAW COTTON---
Bombay
2.00 0.60 to 0.70 1.25 to 3.00
8.25 to 9.50 8.40 to 9.85
**
12.00 to $1.00
}
13.00 to 19.00
10.00 to 12.00
Ib. 0.85 to 1.50
وو
..picul $23.00 to $25.00
Bengal (New), Rangoon
and Dacca
Shanghai and Japanese... Tungchow and Ningpo
METALS-
Tron-Nail Rod....
Square, Flat, Round Bar (Eng.)...
Swedish Bar
Small Round Rod
ور
23.00 to 25,00°
"
24.00 to 26,00
24.00 to 26,00
""
1
.pical $ 4.10
4.00
4.20
4.50
31
Hoop, i to 11/2 in...
5.00
22
Wire, 18/25 oz.,
9.00
"
3.09
o, and Hole Chop
9.70
9.80
40.50
Vivian's, 16/32 0%... Elliots, 16/28 og 2.
40.50
40.50
.85.00
17.
box 7.50
Old Wire Rope Lear-L. B. &
Australian Yellow Metal-Muntz 14/28 oz.
Tin,
Tin-Plates, ..................................` Steel
......owt.case
1.