22
IMPORT:-
COMMERCIAL
KICE
SAIGON,-Messrs, Wm. (i. Hale & Co, in their latest circular dated Saigon 25th June, report:- Our last circular was issued on the 28th ultimo and the latest postal advices received sineo are as follows:-Hongkong 22nd instant; Yokohamna 11th instant; Manila 18th instant; Java 18th inst.; Singapore 21st inst, and London 28th ult.
We quote for July to August delivery. No. 2 White sifted (trié) steain milled
round
No. 2 White unsifted (ordinaire) steam
milled (round)
$3.50
6% Cargo steam milled round
316
10% Cargo steam milled round
3.10
20% Cargo steam willed round
3.00
* Prices according to terms and conditions. The following is a statement of this year's Ex- ports of White Rice, Cargo Rice and Paddy:-
Destination.
Hongkong
Manila...
Ilo-ilo
Cebu
Japan Singapore Batavia Samarang
Sourabaya
India
Ceylon......
Madagascar
Réunion
Mauritius
Egypt
Australia
Europe
Total
Same period of last year.
OPIUM.
Quotations are:-
Malwa New
Malwa Old
Malwa Older
Malwa Very Old
Persian Fine Quality
-
Total pcs.
57,233 14.790 3,053 20,945 21,6-9 28,2-46 20,856 1,215 31,933 4,062 812
30 11,895 12,202 18,486 1,232 137,610
396,325 492,871
THE HONGKONG WEEKLY PRESS AND
COAL.
HONGKONG, June 28th.The arrivals of coal since the 10th inst. amounted to 75,922 tons of Japanese, 3,000 tons Hongay and 6,400 Chin. wangtao. The coal expected is 41,700 tona Japanese. 8,200 tons Hongay, 4000 tons Borneo, 10,000 Wales and 32,00 tons North China. Quota- | tions according to Mesars. Hughes and Hough's
circular are as follows:---
Cardiff......$21.0 to 22.50 ex-godown, nominal. Australian ..$12.50 ex-godown, nominal. Yubari Lump... $12.00 Nominal. Miki Lump $10.50 to 11.00 ex-ship,nominal. Moji Lump $7.75 to $9.50 ex-ship, stendy. Moji Unscreened$0.00 to $8.00 ex-ship, steady. Akaike Lamp $8.75 to $9.00 ex-ship, steady. Labuan Lump ...$9.00 ex-ship sellers.
PIECE GOODS.
Messrs. Noël, Murray & Co, in their Piece Goods Report, dated Shanghai 25th June, 1909), state:- Another wet week has passed but not quite 80 bad as the two previous ones.
It is, however, he- coming rather too much of a good thing, and must soon have a deleterious effect on the Crops if it continues much longer. That, and the Settling day, both a Customs and a Bank Holiday, have combined to make the week a quiet one, and not fu ther the letter feeling that wg be- ginning to show itself when we penned cur last The most cheering 1 ews comes from Newchwang, however, which should soon show itself in the beter business for that dependency. It is that Qe native Banks have agreed to revert to the old system in vogue there until a few years ago, in fact before the failure of a large Native Banking and Shipping Hong that so shook the credit of traders in the North. This is looked upon very favourably and has already had a stimulating effect on this market, and is expected to culminate in some free buying in the near future. It will certainly be a great re ief when it comes, for holders are getting heartily sick of the inadequate prices that have prevailed for & long. There was evidently a set purpose amongst the Northern men to freeze out this market, but their object 8 ems doomed to failure, thanks to the recently renewed strength that has been imported to the producing centres by the upward trend of Cotton. A of the shipment of fre- supplies would be of picul.great benefit to this market, for it cannot have a ghost of a chance while these old stocks remain here, no matter in whose hands they are. It is reported, also that Tientsin has taken a small hand in the buying, which seems to be mainly in American makes, and from Native held stocks for the most part. From Hankow advices are fairly encouraging, though we learn that recently some direct buying has been indulged in there, more especially in White Shirtings. This should put the would-be suppliers here on their guard, not to rely too implicitly upon that ma ket as an outlet. Ningpo is still taking fair quantities of heavy Shirtings, but news of severe floods and great damage to the crops cues from hoashing and that neighbourhood. The Man chester market, in spite of the lack of orders, is very strong in sympathy with Cotton. This morning the spot quotation for Mid-American comes 6.11d. in Liverpool, while "Futures" are steadily rising also. There is no definite in- formation as to the onuse for this advance BO
HONGKONG, July, 5th.
.$1,140/1,160 per
$1,110/1,200 do. $1,210/1,250 do. .$1,260/1,320 do. $1,050/1,100 du. .$900/1,000 do.
$980
per cheat.
do.
Persian Extra Fine
Patna New
Patna Old
.$--
$1,005 $995
Benares New Benares Old
Yen. 35.65.
JAPANESE MARKET.
ου
do
a tial cessation
|
[July 5, 1909.
kinds amounting to fully 200.000 pieces. Since then there has been a steady advance in prices and very littlecbuving for the China market. In New York, .too, prices are keeping very strong, it being estimated that the Full demand for home consumption will requie the entire attention of Manufacturers for months. It is reported that an offer from India of 11s, 9d, for Pepperell Drills has been declined. It is a price that is not likely to be offered from here for some considerable time. First hand holders have taken very little part in the business during the interval, and that mostly in American makes, Prices for these have kept fairly steady to a quarter of a mace advance. Together with re- sales the total business in these goods amounts to fully 4,000 bales. Drills and heetings, 3,000 bales of which are destined for the Newchwang market. We can only gather particulars of some of the sales, as follows.-In Drills:-4 Parrot and Williston Tis. 460 and Massachusettes at Tls. 4.85. In Sheetings:- Buffalo at Tla. 485. Orr A and Piedmont Tls, 4.55, Lindale Tis. 4.57], Abbeville Ts. 4,621, Lion & Man, Massachusettes and Atlantic A Tis. 4.70. In English goods there is very little going on beyond the Auctions. Siles from stock, if any, are of the most retail character, there being absolutely no enquiry of any consequence. Jeans, that word progressing so favourably as compared with American makes, seem to have been over done, there being a lull in the inquiry which it is hoped will not be permanent, as stocks are accumulating, all three makes being much in excess of last year. Tho private enquiry for Fancy Goods has almost ceased, with the exception perhaps of one or two new lines of speciavities in the way of Prints and Dyed goods that seem to be coming into fashio, to the detriment of old styles. Clear- ances on the whole have been decidedly poor. At the Auctions a full assortment of the usual goods continue to be sold, and taken altogether With excep- prices are fairly well maintained. tion of a few of the intermediate weights of For Grey shirtings prices were steady to firm. 61 and 72 reed White Shirtings firmer prices were paid, but with one or two exceptions the better makes how a drooping tendency. White Irishes are distinct'y firmer. Grey TCloths are In Fancy Goods firmer, but Jeans are weak. the later sales of Turkey Reds have shown better results, but considering the statistical position prices are not what they should be.
|
Kobe, 16th June.-Cotton.-American.-The acreage and crop report issued by the Agricul- tural Department of the Stites declare tales 31,918,000 and 81.1 per cent respectively. Although the former is slightly below that of the past year, the condition of crop being above market expectations, quotations have fluctuted with upward tendency, and at the close are fi m. Latest price of forward Middling is given at far, but it must be connected with the Crop "Spot " being reported at Yen. 34.00, prospects, as quotations are rapidly advancing Indian.--The demand in the home mark-t being in New York, a telegram this morning quoting larg, prices have been maintained on a high 11.26 cents for October optin. Egyptian Cotton level, the market, however, appears to be we k has advanced in Liverpol to 811d. for "spot." for new crop, owing to favourable weather prevail- The Export of Plain Cottons from Vanchester ing. Unsold stock in Bombay is reported to be for the first half of this month amounted to about 100,000 bales only, although the total stock nineteen million yards. Vanchester quotes 91d. is estimated at 440,000 bales, Spot is quiet, for 2/fold Grey Yaru, which is the equiva doubtless due to high rates and to the closing of lent of 11. 145.00 per hale. against the pres- accounts of mills for the half year. "Spot" ent market price of Tls. 133.50. The Yarn quotations are:-Broach 29 50; Akola Khamguam market ha been more active but it does not 28.25; Bengal 29.75. Chine-e.-Business has been seem to be the consequence of improved consum: - almost at a stand--till for both "spot and
tive demand so much as the desire of a native "forward.” "Spot" is quoted. "Best" 29.75. | speculator to corner Indian Spinnings, which are
Common " 27.75. Shirtings. Market quiet.
in a fairly favourable position in spite of the prices firm, Cotton Goods and Fancies,-'ro- increased stocks. Prices in Bombay are away spects continue fair, a few order in Fancies have above those ruling here, and there is no induce- been booked for forward delivery. Worsteds and ment to the Natives to indent for supplies. Wollens.-Nothing do ng. Metals. Market dull Japanese Spinnings are more active, aud con- with no bussiness doing. Sugar.Cane. — Kaw. siderable attention is still being paid to the -No stocks of Java Sugar, but Formosan Sugar Local article, Native Cotton is quiet, but steady. well in demand. Osaka Refined.-The usual I here seems to be no particular anxiety regar.. auctions too place on the 3rd and 13th instant, ing the new crop at the moment, but a continu- at each 3,500 Baga were offered and all dispred ance of the rain may make al the difference. of at prices showing no change on the previous As regards the home market we learn that Fale. In addition to the above, 2,000 bigs Yoko during a duil peri-d in the early part of May hama and 2,000 bags Kobe manufacture were gold, some free buying was indulged in in Manchester Rice-arket dealined, closing steady.
for the Auction account here, Įurchases of all
CL
19
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Fast Black Cotton Italians have sold somewhat irregularly, but on the average steadily, while Blck Venetians went at generally lightly higher prices. The dec ine of Woollens noticed in the last two weeks has been partly, arrested but with no regularity, for instance Long Ells dec- lined yerterday, but were firmer to-day, and So it is difficult to des- Lasting, vice versa. cribe the market, if it is worthy of that name.
EXPORTS:-
JAPANESE MARKET.
Copper-Business was bisk in the beginning of the month but the sharp reaction of the London market prevented fresh transactions since 8th inst. Some of the holders are sold out for prompt, whilst others though-having become a little Fish Oil.-No businoar, weaker, still keep back. Rice. Market strong. Cotton Yarn.-The mar- ket is quiet. Vegetable Wax.—No change in the position. Manufacturers are holding out for higher prices. Matting-Quotations have been well maintained during the past fortnight Stocks scare owing to reduced output, weavers being Straw Braid and occupied trans-planting rice.
well were
maintained Chip Br id.-Prices throughout the past fortnight, the market closing firm with upward tendency, Dealers' hands re said to be full up with orders and now business has been restricted in consequence.
CAMPHOR.
HONGKONG, 5th July:-The above market is at a standstill, and prices remain as last quoted,
MISCELLANEOUS EXPORTS.
Per P. & O. steamer Devanha, sailed on 26th June. For Boston Masa-100 bales waste silk. For For Minchester-145 bales. waste silk. Gibraltar-1 case silk. For Milan-10 bales raw silk.
For For Lyons-568 bales raw silk. Marseilles-201 bales raw silk, 6 bales human hair, 2 cases for thers, 1 case silk.
tor London-258 bales waste silk, 723 h/o tea, 46 bales raw silk, 6 pkges silk, 3 cases feathers, 2 cases cigars, 20 cases p'effects.