2885
THE HONGKONG WEEKLY PRESS AND
The President said that he did not think this would be necessary.
Captain George Payne eposed that he was the Marine Superintendent to the Indo-China Steam Navigation Company. Witness wished to say that Captain Bradley was one of the most capable Masters that there were in the employ of the Company. Had it not been for this Court of Inquiry having been held witness would have had to make a report of this accident in which Captain Bradley would have been absolved from all blame.
The Court found that the steamship Kutsang struck a submerged obstacle about six cables E. N-E from the islet of the Double Yitts believed to be an uncharted rook and that the Captain Bradley navigated his ship with care and in a seamanlike manner and that no blame is attributable to him and that after the accident his prompt action avoided what might have been a serious casualty and also that no blame is due to any of the other officers of the ship and that proper discipline was maintained.
•
A TRADE MARK CASE.
The Pathe Phono Cinema-Chine, through its sub-manager, Francis Arnold, proceeded against B. D. Casley, proprietor of the Star Cinematograph, before Mr. J. H. Kemp at the Magistracy on Mar. 30th on a charge of falsely applying a trade mark.
Defendant, who was represented by Mr. Reader Harris (of Messrs. Wilkinson and Grist) pleaded not guilty, Mr. D. V. Steavenson (of Messrs. Deacon, Looker and Deacon) appeared for the prosecution.
Mr. Stevenson informed the Court that the prosecution was brought under the Merch andise Marks Ordinance the complainants being the Pathe Phone Cinema-Chine who were the owners of trade marks on cinematograph films known as Pathe Freres. Pathe Freres were a firm carrying on business in London, Paris and New York. Last week & new cinematograph show known as the "Star" opened in Wyndham Street, the defendant being the manager. Among the films exhibited was one entitled The Veiled beauty" at the end of which appeared a "Cock" trademark, with the words Pathe Freres underneath. The prosecution, hearing that there was a film bearing their mark being exhibited, applied for a search warrant, the result being that a film was discovered bearing the trademark belonging to Pathe Freres.
After hearing evidence his Worship imposed a fine of $50, ordered the defendant to pay $50 costs, and to return the film to complainant within seven days.
SHANGHAI TRADE.
Messrs. Ilbert and Co.'s latest Report on the Piece Goods Market says:
Again the weather has much interfered with the movement of cargo, and has retarded enquiry from many out'ets. In grey goods generally, there has been an easy tone and prices all round are down slightly, Hankow buyers in particular being very timid in coming forward for fresh purchases. The Newchwang steamers have not yet cleared, but are said now to be taking 4,000 packages of Piece Goods, of which 1,200 Bales are American Sheetings. It is too early to say as yet how demand for that market is likely to open out, but natives anticipate that the recent growth of the Northern export trade is bound to find its reflection in a good demand for imports.
Large auction sales are at present absorbing s-considerable amount of the attention of buyers and tend to keep prices andaly low, but the low exchange has encouraged exports and this should have its due effect in stimulating an improved enquiry from the various country outlets as the spring season (which is backward this year) progresses.
IMPORTS.
COMMERCIAL.
RICE.
HONGKONG, 2nd April:-The prices are fur- ther declining, market being week. Saigon, Ordinary
14
Bound, Good quality Long..
$4.50 to $4.55 $4.60 to 4.65 $4.90 to 4,95 to 4.91 4.75 4.80
Siam, Field mill cleaned, No. 2...$4.85
25
}
Garden,
#
White,
Fine Cargo...........
13
No.1...$4.70 to $4.75 to .$5.00 to
COAL.
SUGAR.
[April 3, 1909.
Kobe, 16th March-Cane, Raw, Taiwan Sugar.-The market has a slightly stronger feeling and a fair amount of business has been done. Java Sugar-The market has declined. Muscovados Basis 96% Polarisation, Colour 12) average is quoted at Yen 6.10 per picul ex ship. Osaka Kefined. The usual auctions took place on the 3rd and 13th when 4,000.and- 3,500 bags were offered respectively, both- of which being withdrawn.
COTTON.
-
KOBE, 16th March] Cotton. American.- Prices have fluctuated within a small range since dur-last report, latest quotation of "forward” Middling being given at Yen 31.50. - “Spot' is quiet, and closes at Yen 30.50. Indian.— Prices have been maintained fairly high,“ notwithstanding quiet conditions prevailing in the American market! Quotations are on an upward tendency, but no business of importance has been done, with the exception of some transactions in Broach, Spot" is quiet owing to the arrivals of contracted cargoes and to 5.05 the fact that holders are demanding high prices. Broach is quoted at Yen 26.50; Akola Yen 23.75; and Bengal at Yen. 23.00. ^ Chinese. -The high prices now quoted prohibit all prospects of combining business for the time being. Forward" is quoted at Yen 28.50 to Yen 27,00. Spot" is quiet. Best closes at Yen 26.00, and Common at Yen 23,00. Shirt- ing.There is no amelioration in the conditions reported in our last circular. Cotton Goods and Fancies. Worsteds and Woollens.-The market for spot goods continues very dull, clearinÇOS are conspicuous by their absence. are poor, and enquiries for forward: arrival
Metals:- Market continues depressed with very little demand forthcoming, the only exception being Tinplates where prices show a slight improve- ment on account of the advent of the canning season and as stocks have passed into stronger bands. Rice.-Market inactive.
HONGKONG, April, 2nd.-The arrivals of coal since the 18th ultimo amounted to 22,700 tons of Japanese, 5,500 Hongay 3,001, Pulo Laut and 2,500 Chin Wan Tao. The coal expected is 58,500 tons Japanese, 11,900 tons Australian, 1,200 tons Hon- gay, and 4,000 tons Borneo. Quotations according to Mesars. Hughes and Hough's circular are as follows:-
Cardiff......$23.50 ex-godown, nominal. Australian ...$12.50 ex-gpdown, 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.
OPIUM
HONGKONG, April 1st-Since the 18th ulto, the movements in the various Opium markets have been as follows:-
Malwa, Patuu. Benares. Persian
677 1,000
125
Stocks on the 18th Mar., 1909-3,995 2,999 Mar. 24th Imports per Fooksang
370
29th
H
E. Simons
100
30th
1
"
31st
#
H
19
Laisang Devanha
205
125
Less Exports to Shanghai
Less Exports to East and“ West Coast Ports including Local Consumption for the fortnight..
3,995 3,634
255
1621 483
24
927 1,024
50
251 125
Estimated Stocks this day.. 3,822 2,891 626 809
Bengal. An improvement in the consumption and the low price ruling have induced the Chinese
to seperate to a larger extent but the demand be- ing satisfied prices have again declined to $940. for Patna and $955, for Benaros.
Malwa. There has been a falling off in the de- mand for new drug and more enquiry for old, which we quote at $1,100/1,130. for 3 to 4 years and $1,150/85. for 5 to 6 years,
with a very small enquiry.
Persian. We quote superior drug at $1,020/30.
سے
Quotations are:-
Malwa New Malwa Old Malwa Older Persian Fine Quality Malwa Very Old
Clearances as a whole have been upon a satis- factory scale of late, and are more than keeping pace with imports in nearly every class, the total number of pieces of all denominations cleared since 1st January this year, being 2,393,673, against imports of 1,523.767 pieces. As to stocks, a comparison of the present situa- tion with that of the past two years shows a very considerable improvement in the overbought position from which this market has so long been suffering. The figures are as follows:- Total pes.
1908 pes. st date 7,388,305 10.425,742 14,691,822 Benares Old
in stock
1909 pes.
1907. pcs.
Persian Extra Fine Patna New Patna Old Benares New
HONGKONG, April, 1st.
.$1,070/1,080 per picul. .$1,090/1,100 do. $1,110/1,140 do. $1,150/1,185 do. $1,020/1,050
.$850/900
.......$930
.$960 4....$945
do.
do. per chest.
do.
do.
dɔ.
JAPANESE MARKETS.
IMPORTS.
Yokohama, 15th March, 1909.-Cotton Yarns:- This market remains in a moribund condition. Cotton Piece Goods. Except for a small basi- ness passing in Greys, there is practically nothing doing. Woollens an Woollen Mixtures.-This being the "off" season, there is nothing to report. Textiles Generally. The Cotton Piece Goods market in Tokyo seems to be somewhat upset over one big failure in Osaka and a reported impending similar fate of one or two others in that district. Raw Cotton.-Market remaine quiet. Values in producing countries, especially in India, show an upward tendency. Kice. This market is in the same weak and declining condition as last reported. Metals. Business is still very quiet, and save for small transactions reported in Bars there is noth- ing passing. Window Glass continues dull with home prices unchanged. Considerable stocks are held here which are slow to move. Kerosine Oil, -Arrivals and deliveries for the first half of March show Standard Oil Co., arrivals 106,000 cases; deliveries, 7,160 cases. Rising Sun Petroleum Co., arrivals) nil; deliveries 2,800 units.
Sugar-Nothing of interest has occurred during
the interval.
Flour.+Owing to increased price
of Wheat and small stocks on hand, Japan milled: Flour is in good demand at considerably enhanced prices, Wheat.—The home market continues to rule firm with a tendency to a still further rise.
YARN.
HONGKONG-Mr. P. Eduljee, in his Report dated 2nd April states:-There is much less doing in this market and the past fortnight has been comparative. ly quiet. A few small sales are reported, but buyers will not pay these prices unless for their most pressing wants, Spot stocks are exhausted, and any small parcels of desireable spinning close at hand are taken up at or about present values. Dealers, however, continue to act with extreme. caution and refrain from contracting for long delivery. Most of the buying has been for price and consequently the demand has run prinor pally on medium grades to the neglect of the high-priced superior favourite spinnings. Prices