March 6, 1909:]
INTERPORT CRICKET.
MATCH AT MANILA.
A cricket match was played on Sunday, 21st February, between the Interport team at Manila and a team selected from the English com- munity, the result being a win for the latter. Some good cricket was shown, so good in fact as to give rise to the hope that a team will be able to come from Manila to Hongkong when the Singapore and Shanghai elevens visit the port. For the Interport team Thurs. field both batted and bowled well and Wright played an excellent innings. For the victors Cairns made an excellent stand, completely con- quering the bowling and made a brilliant 52. Appended are the scores:
INTERPORT TEAM,
L. T. Easton, b Somerville
E. G. Tait, o Clear, b Somerville
C. F, Page, b Barnes
R. P. Thursfield, o Barnes, b Morris
F. C. Wright, b Alexander..
0
5
22
23
B. de B. Layard, c Higginbotham, b Morris 7
H. Horne, o Hamar, b Morris
10
C. H. Hawkins, o Higginbotham, b Morris 0
G. Andrews, bomerville
J. R, Bedfern, b Morris
W. M. Johnston, b Morris
E. M. Knox, not out
Bye and leg bye Wides
CHINA OVERLAND TRADE REPORT.
IMPORT'S. :-
13
COMMERCIAL.
RICE,
Round, Good quality Long..
HONGKONG, 6th March:-Prices have fallen during the week and Quotations now, are:---- Saigon, Ordinary
$5.10 to $5.20 $5.05 to 5.10 $5.20 to 6.30 to 5.35 5.10 5.10 5.15
"J
"
Siam, Field mill cleaned, No. 2...$5.20
Garden,
No. 1...$5.05 to White,
.$5.00 to ..........$5.10 to
35
Fine Cargo
SUGAR.
Yokohama, 15th February. This market is very quiet. No auctions have been held during the past three weeks.
Quotations are:--
Malwa New
Malwa Old
OPIUM.
Malwa Older
Malwa Very OK
Persian Fine Quality
Persian Extra l'ins
Patna New
Total
89
Patna Old
BOWLING ANALYSIS.
0. M. R.
ᏐᏉ .
Benares New llentres Old
Somerville
5
22
3
Barnes
3
21
1
Morris, H. M.
6
21
6
Alexander..
4
21
1
SCRATCH TEAM.
P. A. Alexander, b Bedfern
3
Capt. Somerville. b Thursfield
6
John Brown, o Page, b 1hursfield
8
R. F. Hamer, run out
2
J. W. Cairns, b Bedforn
53
A. K. Barnes, b Thursfield.
4
H. S. King, b ́ Bedfern.
9
E. McPherson e Page, b Hawkins
6
H. E. Higginbotham, b Thursfield
1
C. A, lear, c Horne, b Thursfield
18
H. i. Morris, not out
B. F. Mairis, absent.
Boe
2
117
Leg bye. Wide
Total
BOWLING ANALYSIS.
0.
M.
R.
W
Thursfield..
15
1
45
5
Bedforn
13
2
21
3
Page
2
12
Layard
4
14
Hawkins
3
15
BRITISH NORTH BORNEO.
1
CAPITAL FOR FURTHER DEVELOPMENT OF TERRITORY.
The directors of the British North Borneo Company announce an issue at par of 649,259 shares of £1 each. leaving for future issue £400,000 of the £2,000,000 capital authorised by the company's deed of settlement. It is ex plained that the objects in making this issue are:- (1) to provide more capital for the fur- ther development of the company's territory; (2) to redeem the £461,600 outstanding Five per cent. debentures and bonds, the interest on which (after redemption) will be available for dividend purposes.
From £14,196 in 1901 the surplus of revenue over expenditure has risen to £52,909 in 1907, and the dividend from 2 to 4 per cent., whilst the sum standing to the credit of profit and loss accounts in the last balance sheet, was £134,201. The prospectus points out that the company has, among other assets, sovereign rights, under which it is empowered to frame and enforce laws, to fix Customs and other tariffs, and to levy taxes for revenue purposes within the State of North Borneo, and territorial rights over the whole of the state, the area of which is estimated at some 31,000 square miles, and a large portion of which is suitable for the cultivation of rubber and high-class tobacco.
The assets valued in the books at £1451.000 -include the marketable timber fifty million tons, while the company owns a fully equipped metregauge railway 125 miles in length, and about 800 miles of telegraph and telephone
lines.
HONGKONG, March, 3rd.
$1,070/1,080 per picul. .$1,090/1,100 do. .81,110/1,140 do. .$1,150/1,180 do. ..$1,020
$880
.$1,00
$1.040 .$990
JAPANESE MARKETS,
IMPORTS.
do.
do.
do.
do.
per chest.
do.
YOKOHAMA, 15th Feb. Cotton Yarn.-This
· 201
Bombay are not inclined to yield to the represent- ations of buyers of a weak and declining market in the interior. Dealers, on the other hand are now fairly well supplied with all grades of twist and can afford to wait developements and at the close a temporary lull is for the moment being experienced. Medium favorite tickets of No. 166 and 209 are enquired for at advancing prices, but being in very small supply, holders are able to obtain the values demanded for them, No. 10s and 12s have only been enquired for to a small extent, Latest telegrams from Bombay quote annas 5 for best No 10s per pound and annas 6 for best No. 208 in that market. Sales of the interval amount to 4,740 bales, arrivals amount to 3.633 bales, unsold stock estimated at 12;500, and sold but uncleared yarn in second hands about 20,000 bales. Local Manufacture :-Nothing doing. Japanese Yarn:-Neglected throughout. of those ruling in India and Shipments are greatly Raw Cotton:-Prices are much below the level
checked. Locally there has been very little doing, the business of the interval comprising the sales of 150 bales superfine Bengals at $25 to 261 and of a small parcel of 50 bales Thongchow at $29. Stocks estimated at 275 bales Indian and 300 China. Quotations are Indian $23 to $26 and China $25 to 204. Exchange on India has shown signs of weakness in sympathy with silver and closes unsteady to-day t Re, 128 for T/T and. Rs. 130 for Post. On Shanghai 741 and on Japan 84. The undernoted business on imported and local spinnings is reported from Shanghai during the fortight ended the 24th ultimo, viz:-Indian: -In steady demand at firmer prices, total sales about 6,000 bales, business being checked by. firmness of holders. Estimated ungold and unclear- ed stock about 26,500 bales. Japanese:-Demand continues and sales of about 4,000 bales are re- ported on the basis of Tis. 95) to 104) for No. 168 and Tls. 103) to Tla. 111 for No. 208. Local: -In considerable demand, total sales about 13,000 bales, prices paid being Tls. 87 for No. 10s Fla. 89 for No. 128 Tls. 91 to 014 for No. 14s and 'Tls. 94 for No. 168.
·
PIECE GOODS.
Messrs. Noel, Murray & Co. in their Piece Goods. Report, dated Shanghai 26th February, 1909, state:-The Auctions of Fancy Goods are increasing, really monopolising the whole trade at the mo ment in the class of goods. It certainly seems a great pity that such a course should have to be resorted to and it can only be hoped that the end will justify the means.
market remains in the same lifeless condition as last reported. Cotton Piece Goods.-In Cotton Italians some little business has been passing, and Grey and White Shirtings have been en- quired for, but few transactions have resulted. Stocks of Greys are still reported plentiful. A small business has been put through in Velvets. Woollen and Woollen Mixtures.-The season for buying these is practically finished; there are. however, still a few orders going forward for Fancies. Apparently a considerable quantity of winter goods is being carried forward. Textiles Generally.-Everything is very quiet, the financial depression of last year seeming still to hang over this market. Raw Cotton.- The market continues to show no animation. Rice. The market reinains in much the same dull state as last reported, though a shade of improve-practically all round, and Manufacturers anxious ment is manifest. Metals-The Metal market is still quiet, and there is practically nothing doing. Window Glass.-A slight advance in this article is shown. Deliveries continue steady, but there has not been much new business placed. Kerosine Oil.-Arrivals and deliveries for the first half of February show:- Standard Oil Co.; arrivals, 54,724 cases, deliveries 6,450 cases; Rising Sun Petroleum Co.; arrivals nil; deliveries 3,500 units. Flour.-Values have increased in sympathy with the rise in wheat, but no business has been done. Wheat.-Prices have advanced considerably since our last report, and are not unlikely to go higher until the new crop is available.
COAL.
HONGKONG, March, 4th.-The arrivals of coal since the 9th ultimo amounted to 53,700 tons of Japanese, 5,000 Cardiff, 5,885 Australian, 8,100 Hongay and 2,00) Chiawantao. The coal ex- pected is 69,300 tons Japanese, 5,900 tons Australian, 6,800 tons Hongay, 7,000 tons Borneo and 5,000 Wales. Quotations according to Messrs. Hughes and Hough's circular are as follows:-
Cardiff......$23.50 ex-godown, nominal. Australian
...$12.50 ex-godown, nominal, Yubari Lump...$12.00 Nominal. Miiki Lump...$10.50 to 511.00 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. Labuan Lump...$9.00 ex-ship sellers,
YARN.
dated 5th March, states:-
HONGKONG-Mr. P. Eduljee, in his Report -The demand during this may be accounted for in a great measure, by the past fortnight has materially fallen off, but the increased firmness of sellers who will no longer accept the low prices ruling. Holders are very firm, and supported by telegraphic advices from
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Recent telegrams from Manchester intimate a rather weaker feeling, quotations being down
for orders. Cottons, with a few slight fluctuations, as far as American is concerned, has been fairly. steady, closing at 5.07d. for Middling pot, while May/June is quoted 5.02d. a.oc. Egyptian is easier again at 8d. The last fortnightly tele- graphic advice gave 18,000,000 yards as the export of Plain Cottons to China.
The New York market is still very firm, it being almost impossible to get any concessions on the prices quoted, which are 10s. 6d. for 3 yard, 9s 8d. 3 yard and 8s. 41d. for 4 yard but we understand 1,000 bales 3 yard goods under a private chop. have been bought for this market at 10s. 4d. Cotton is easier, the quotation for March option received to-day being 9.81 cents. From the monthly summary of commerce, etc. of the United States we learn the Export of Cotton Goods to China in November was 4,162,550 yards valued at $214,263 gold, against 1,481,290 yards valued at $112.653 gold in November, 1907. The total for eleven months was 74,172,792, yards, valued at $4.242,913 gold, against 37,145,540 yards and $2,581,583 gold in 1907. The Yarn market has continued excited, but buying has been chiefly by native speculators to boleter up their own hold- ings. The heavy arrivals of Indian this week are largely on indent account. Bombay is reported firmer and Spinners harder to deal with. As men- tioned above the Auctions have been responsible for pretty well the whole of the business for the week, and of which we give a short epitome below, In American goods some 1,500 bales Sheetings have changed hands amongst the natives as follows:- 2 Fish Tls. 415, Fox and Rabbit Tls, 4.52) and Tis, 4.55, Eagle and Flag and Tiger and Lion Tla. 4.60, Piedmont Horse Tls. 462) and Tls. 4.674, Cabot A. and large and Small Eagle Tis, 4.65 and Tls. 4.70, 3 Rabbits Tis. 4 75 bott Cock Tls, 4.72) (and from first hands at Tls. 4.80) Cameron, 2 Ebbits Tla. 4.85, Eagle A. Tls. 4.86) and Bucks Head Tls, 4.90. In Drills 5.0 bales comprissing:-Two Dog at Tls. 4.40, Large and Small Eagle and 4 Parrot Tls. 470 and Man, Horse and Bew Tls. 4.971, also a small lot of 30 yard Beaver Jeans at Tls. 3.90.
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23