=
134
THE HONGKONG WEEKLY PRESS AND
rates ruling, having checked business in "for-1 EXPORTS:- ward," but "Spot" has been moving on a small scale at following rates.-Best quality Yen 25,00. Common Yen 22.00. Shipping.-Market un- changed. Clearances very poor. Cotton Goods and Fancies.-The improved enquiry mentioned ia our
last report has continued and some moderate lines in Black Cottons have been booked at low rates. Worsteds and Woollens.- A few small orders have been placed since last report. Metals.-Spot market "weak, and fresh business scarce. Rice-Stocks all moving off very slowly. No change to report.
7
SILK
Yokohama, 30th January.-Owing to the con. "Shinshius' from tinued demand, ch'efly for Europe as well as from America, prices for raw silk have further advanced. At the close, the market is very quite, but, as stocks are gradu- ally being reduced, holders are maintaining a firm attitude.
|
[February 15, 1909.
any but the smallest of speculative business. Exchange on London closes at 1/9) demand, and on Shanghai at 744 T.T.
BANKS.-Hongkong & Shanghai have ruled very steady at 895, with fair sales at that rate, and at time of closing there appears to be no more obtainable except at an advance. London remains unchanged at £86, and latest advices from Shanghɛi quote $920 sellers at ex 73.
MARINE INSURANCE.-Unions were placed The market for waste silk is a little more during the early part of the week at 830 and active. Stocks offer vry little choice.
8271, later however the rate fell to 825, at Habutai:-The Kanazawa market during the past which a few shares changed hands, the market fortnight has been weak, and were it not for the Copper.-No business on account of still receding reduced production, as is usual at this time of losing with further buyers at the last rate. - Owing to pancity of the year, it is very probable that prices would North-Chinas have declined to 100, and Cantons
EXPORTS.
London values. Fish Oil.
- Several trans- stocks, market advancing. Rice. actions are reported and with further enquiries in the market prices are firm with upward tendency. Colton Yarn. The market is quiet. Vegetable War.-Market declining, no buyers. Matting.- Since last report, the New Year's holidays (o'd calendar) having intervened, market was quiet and unchanged. Straw Braid.... There was less enquiry during ti e fortnight and a weaker feeling revailed in consequence. Chip Braid The demard con- tinned good throughout the per od under review, the market closing firm with upward tendency.
-
The Yokohama Toreign Board of Trade in its fortnightly circular dated the 30th ult. Fays :---- Cotton Yarns.-The market for these is practically lifeless, and save for spasmodic enquiries for special counts, the demand for imported yarns may be said to be non-existent. Cotton Piece
Gouds.-In White Shirtings ther has been a small business put through in staple lines. Con- siderable interest has been shown in cotton Italians and several bookings are reported. For Grey Shirtings and Printers a number of en- quiries have been made, but the actual business done is said to be small. Woollen and Woollen Mixtures.-Union Italians: practically nothing has been done in these, although a number of offers have been forwarded. Fancies: enquiries have been more plentiful and some bookings are reported; stocks are still amp'é. Blues and blacks, owing to abundant supply are only being bought in small quantities. With Linings and Pocket- ings the market is well supplied for the present and forward business is very small. Textiles Generally. The present stock of local supplies has militated against the normal resumption of trade. Raw Cotton. As last reported the mar ket is lifeless, spinners not yet being inclined to pay the higher rates asked by producing countries. Rice. The market shows some improvement. The rise in silver has had the effect of harden-
Mar-
no-
ing prices. Metals. The market is quiet, and there is practically nothing doing, Window Glass.-Market still very quiet. Kerosene Oil.- Arrival and deliveries for the second half of January show; Standard Oil Co.: arrivals nil; deliveries 16,200 cases. Rising Sun Petroleum Co. arrivale nil.; deliveries 22,000 units. ket generally weak. Flour. There is thing doing in imported. Locally manufac- tured flour is selling at 40 cent per quarter-sack under American. Wheat.-Stocks are very small, but owing to the ligh prices asked in America and Australia fresh business for the time being is out of the questio. Mills are Dow using Man- churian Wheat which can be purchased at a less cost than either American or Au tralian,
HONGKONG QUOTATIONS.
HONGKONG, 6th February 1909.
Hongkong markets -
Apricot
Borax
Cassia
Cloves
Camphor..
Cow Bezoar
Fennel Seed
Galangal
Grapes
Kismis
Glue
Olibanum
Oil Sandalwood
Rosa...
$19 $17 to 18 $29 to 291
$31
$80 to 85
$70 to 125
$8
$2 t, 41
$19
+21
$26
$3 to 15
$300
$70 to 90 $210
Cassia
»
Raisins
$14
Senna Leaves
$8
Sandalwood
$33
Salt petre
$10 to 11
have shown a marked depreciation; these, how- ever, show a decline in 23 inch goods only, which width has been neglected. The demand from America has completely abated, whilst there has been nothing of importance from Europe. There has been ro matter of import- ance to report in Echizen during the past fort night, as the market has been quiet with hard- ly any enquiry. Rates show a small decline all round. The downward tendency in Kawamata app ars to have been arrested, which is more probably due to a gradual reduction rather than to an increased demand.
}
CAMPHOR.
remain on offer at 190.
Yangstzes show a slight improvement at 180 on a questation from the North.
FIRE INSURANCES.-Hongkongs have been Chines the medium of a fair business at 330. have also found further buyers at 106, both stocks closing firm at quotations, with buyers.
SHIPPING.-Hongkong, Canton and Macaos have ruled steady, and after farther small sales at 30 cum div., close with buyers at 284, ex the div. of $14 paid on the 9th instant. Indos have improved to 38 and 18 for combined shares after small sales at 37 and 17, the market closing with further buyers at the former rate.
REFINERIES.-China Sugars have been some- what erratic, and both buyers and sellers appear to have been sparring for an opening, with the result of some sales at 130, 127), and at time of
HONGKONG 15th February :-There is no market closing again at 130, the market however closes $83.50-381,5v.
MISCELLANEOUS EXPORTS.
case silk.
Per P. & O. steamer Devanha, sailed on 6th Feb.
For 1909: For Glasgow,- 11 cases chinaware. Gibraltar.-2 cases silk goods. For Lyons-1 For Marseilles.-7 cases birds feather.
For St. Etienne.-40 bales raw silk. For Lndon.-20 bales raw silk, 5 cases silk, 5 cases blackwoodware, 12 pkges, books, 1 case machinery, 1 case sweater, 10 pkges, private effects. Trieste.-2 cases hats.
For
HANKOW, 19th February-The prices quoted are for the net shipping weight excluding cost of packing for export :----
Cowhides, best selected Do. seconds
Buffalo hides, best selected Goatskins, untauned, chiefly white
colour,
Per picul
Tls. 38.50 34.50 22.50
Buffalo Horns, average 3 tbs, each White China Grass, Wuchung and/or
Poochi...
WhiteChinaGrass, Sinshan andjor Chayu Green China Grass, Szecliuen Jute....
White Vegetable Tallow, White Vegetable Tallow, Kinchow
Pingchew and/or Macheng White Vegetable Tallow, Mongyu Green Vegetable Tallow, Kiyu. Animal Tallow
Gallnuts, usual shape
Gallnuts, plum
do.
Tobacco, Tingchow
Tobacco, Wongkong.
Black Bristles, Riflings
Feathers, grey and/or white Wild Duck Turmeric
Sesamum Seed
Sesamum Seed Oil
Wood Oil....
Tea Oil
ور
13
D
ני
*
**
1
9.00 8.40
3,50 10.90
1-.90
2
J
10.50
"
**
11:0
15.80 17.75
wwwwww
5.10
13
8.90
J
with probable further sellers at the higher rate, but with the fairly strong inclination to buy, it is difficult to say when sellers may stop and the rate further improve. Luzons have been placed at 17, and close steady, with an inclination to buy at that rate.
MINING.-Raubs have been neglected as far is business is concerned, but there are still buyers at 83. Chinese Engineerings have re- ceded in the North to 16 with sellers. Lang- kats are also quoted lower at 830.
DOCKS, WHARVES AND GODOWNS.-Hong- kong and Whampoa Docks have been placed dur- ing the week at 90, but with further buyers at that rate and no sellers the market gradually recovered, and with later sales at 901 and 91 closes with buyers at the latter rate and with no sellers under 92. Kowloon Wharfs have been placed to some extent at 45,451, and 46, also at 464, closing with buyers at. 46, Shanghai Dooks been in some de mand and there has been local business at 77 cash and at 80 for Maroh. The Shanghai rates ruling about the same at time of closing cash shares are wanted at 79 with - out finding sellers. Hongkew Wharfs have improved considerably in the North and sales have been effected at from 55, to 68, the market closing somewhat weaker with sellers at 166.
LANDS, HOTELS AND BUILDINGS -Hong- kong Lands are in better demand, and close with buyers at 92. We have no business to re- port. Humphreys have found buyers at 8.65 ex the div of 60 cents paid on the 8th inst. We have nothing further to report under this heading.
have
COTTON MILLS.-Ewos show a considerable improvement, and rates come from the North as high as 90 buyers. During the week sales have been made at 85, 86 and 88, and from all accounts there is every prospect of the rates being at least maintained, as the prospects of 108.00 the Company given the advantage of the pre- sent rate of sterling exchange, appear to be excellent. Internationals remain unchanged at 75, but Laou Kung Mows and Soeychees have declined slightly to 79 and 275 respectively. Hongkong Coltons remain with sellers at 10, and with no business to report.
MISCELLANEOUS. China-Borneos changed hands in fairly large lots at 114, closing steady at that rate, but with a few small lots on offer at 12. China Providents have been the medium of a fair business at 9,20 ex, the div, of 80 cents, paid on the 8th inst, and oloas steady. - Dairy Farms have been placed at 14. Cements at 9.75, 9.70 and 9.65 the latter closing with sellers st 9.65. Watsons have found further buyers at closing with some small lots on offer at that rate. Watkins are enquired for at the improved rate of 21, and China Lights are part at current rates, to the almost total cessa - wanted at 41, after sales at the rate in the early
ion of forward contracts, and to the absence of
HONGKONG SHARE QUOTATIONS.
HONGKONG, 12th February, 1909.-The market has been fairly brisk during the week under review; rates have ruled firm, and there has been more of a boying tendency than has been apparent for some time. Any increase in the volume of business is however still bandicap- ped by the unwillingness of holders of stock to
.
part of the week.
7