66

IMPORTS :-

COMMERCIAL

RICE.

Bound. Good quality Long....

HONGKONG, 19th July:-The downward tendency continue market being dull, Saigon, Ordinary

$4.75 to $4.80 4.85 to 4.90 4.95 to 5.00 to 5.05 No. 1... 4. 0 to

4.95 5.10 to 5.15 5.30 to

Siam, Field mill cleaned, No. 2... 5.10

21

}}

Garden,

1

White,

"I

Fine Cargo

OPIUM.

ما

Quotations are :—

Malwa New

Malwa Old

Malwa Older

Malwa Very Old

Persian Fine Quality

Persian Extra Fine

Patna New

Patna Old...

Benares New

Benares Old

5,35

HONGKONG, July, 17th.

..$1,125/1,160 per picul. ..$1,100/1,200 do. .$1,210/1,240 do. .$1,250/1,300 do. $1,050/1,100 do. ..$900/1,000 do.

.8965

.$985 $980

JAPANESE MARKET.

per chest.

do. do

Kobe, 1st July.-Cotton.-American.-Prices have been on a steady rise since our last report, latest quotation of forward Middling being reported at Yen. 37.50. This high tendency is attributed to unfavourable weather prevailing in the middle and Southern States. It being, how. ever, as yet somewhat early for the business season, no transactions of importance have trans- pired. "Spot" middling quote! Yen, 34.50. Indian-Prices have been maintained on a high level in sympathy with the rise in the American market, combined with which stocks in the home market are small. These facts have checked prospects of any large business resulting in "forward." "Spot" has shown some improve- ment during the past few days, and quotations have lightly advanced. Broach Yen. 3000. Akola Kliamguam Yen, 28,75, l'engal Yen, 28.50. Chinese.There is practically nothing doing in this direction. Best is quoted at Yen. 29.75. Common Yen. 27.25. Shirtings.-Market is firmer and the movement of stocks shows some improve- ment. Cotton Goods and Fancies. continue promising. Worsteds and Wollens.— Little or no change to report, a few enquireis are recorded at low rates Metals.-Market depressed; quotations for nearly all articles have declined. Sugar.-Cane.-Raw.-,Java.-The market is life- Formosa.The market is strong, a good business doing. Osaka Refined. At the auction held by the Trust Sale‹ Office on the 23rd June, 3,500 bags of Osaka sugar, 1,000 bags Kobe, and 1,400 bags of Yokohama manufacture were offered but all were withdrawn. Rice. No busi- ness, market weak.

less, no stocks.

PIECE GOODS.

THE HONGKONG WEEKLY PRESS AND

aro

White

(July 19, 1909.

JAPANESE MARKET.

EXPORTS:-

TEA.

KOBE, lat July, 1909. Tea.-Settlements to date amount to Pals.

28.500, or practically the same as done last year. The supply of First Crop is now exhausted. Second Crop teas are expected to arrive in a few days. Copper.-Market lifeless. Fish Oil.—— Prices lower but little busines. Rice.A reac-. tion has set in and market is weaker. Cotton Yarn. In sympathy with Cotton, market has advanced, present quotations being higher than have been recorded for a considerable time past, in consequence of which new business is strictly limited. Vegetable Wax.-Market firm but no demand for export at p ices asked by sellers. Matting.- No change to report, there has been a continued scarcity of stocks. In a large measure the recent wether has prevented goods arriving from the interior. Straw Braid & Chip Braid.-Slight advances were recorded during the past fortnight, due to the arrival of further enquiries, the market closing firm with upward

being noticeable at the Auctionɛ where actually jea decline has taken place. On the home markets the effect is muca more pronounced, prices having already advanced to prohibitive heights, Of course there is much more enquiry here, but it is based for the most part on previous prices and has not led to many fresh transactions. It has, however, had e mo influence on Native holders, chiefly of American goods, who managing to get a slight, but not at all un adequate advance on each salo. In Manchester makes a small inquiry is being met in some quarters in certain classes of goods that are getting low in stock, notably heat 10 and 12-lbs. Shirtings, but for 84 Its. Shirtings and common 10-lbs. there is not any demand at all. Shirtings have been inclined to stick, but there is a better enquiry f om Hankow which should assist them. To the second hand holders of American goods must be credited the cream of the business this week, and although it is of course difficult to form a very correct idea of the extent, we are credibly informed that it amounts to fully 20,000 bales of all kinds. The been confined to selling has

the weaker holders, others refusing to listen to the prices now current. Tientsin appears to have got intendency. quietly during the depressed period, the demand now coming chiefly from Newchwang, which would point to the fact that the Manchurian buyers have given up the idea of trying to freeze out holders here. The prices at which the goods are now obtainable should certainly le attractive enough and assist to rehabilitate these gonds in the Northern markets. Needless to say the Manchester market is very strong, quotations being quite unapproachable in fact. This should serve to assist things bere, and with a little judicious manipulation of supplies a more healthy situation created. The Export of lain Cottona shows a welcome falling off for the month of June, being only 23 million yards. To give an idea of thh strengh of the market in Marchester two and three fold Yarns, which had a ready brea reported up to 10d. were advi-ed by wire received this morning, a further half penny heigher per pound. The prices for all Yarns under the cost of replacing, stocks are on this market are booming and, being still

strongly held, importers having practically regained the control now, both in Indian and Japanese Local spinnings are following suit, but Spinners must now he puzzling how the supply of the raw staple will be sustained in the not far distant future, for with the continuos rain the pro-pects for the new crop are far from bright. Beyond what we have already said e arding anchester makes thero is little

to

very

note. It is the general complaint that Jeans have been overdone-every one bucking It is difficult to see in has spoilt the market. Market:

the cause of the falling off in the dewand for 8.4-lbs. Shirtings that used to be in univer- tal and continuous request. What is taking do forward their place? All attempts to business have been frustrated, and many are regretting that they temporised and tried to get better terms when they had the opportunity of buying during the past two or three weeks, In American makes we cannot find that much

Messrs. Noël, Murray & Co. in their Piece Goods Report, dated Shanghai 9th July, 1909, state:-- The United States Government Bureau report on the condition of the Cotton Crop at the end of June, namely 74.6, seems to have struck right home and has caused a universal advance in prices. The end of May report 81.1, was rather under the average of the last 14 years, namely 83.1, but this June one is 10% below the average for the same period, showing that there is obviously something wrong. Liverpool prices have steadily advanced until this morning comes 672d. for Mid Ameri an. "spot," while 638d. was received yesterday for September/October option, when "spot" was only 6.68d. Egyptian has advanced a farthing on the week to 9d. These prices are evidently a reflection of New York, where 12.28 and 12.32 cents were quoted for October and December respectively, but to- day 12.20 cents comes for the earlier month, The significance of this advance in the raw material dres not seem to have impressed the Buyers on this market yet; apparently it is only the fall in Exchange that affects them. This is readily seen by the very inadequate way in which prices have responded here, many instances

|

AMOY.-The Export of Tamani Oolongs to June 24th this season, all shipped at Keelung, has been 4,087,791 1. 3,514,884 Ita sme time last year. To London the export to June 28th was 172,174 lbs, 84,955 lbs same time last year. These ship- ments also were from Tamsui and Keelung. On May 26th there was a direct shipment of 12,000 lbs from Amoy to Manila against 18,638 lbs same time last year. The arrivals at Amoy this sauson have been only 30 half-chests.

FOOCHOW JULY, 2ND.-The following settle- ments have taken place during the week:— Souchongs--5,618 Congous-7,881 half-chosts. half-chests. Scanted Teas-2,211 boxes, Flowery

Pekers 262 chests.

The Tea Export from commencement of Season to date has been :-

Austria France

Germany

Holland London

Russia

Total lbs.

258,991

818,915

.1,195,521

392,848

.1,538,249

134,199.

168,772

17,288

'ustralia & N. Z.. U.S. & Canada. South Africa... Coastwise Southward Coasta ise Northward Total Shipments ...

111,516

219,581

20,027

24,164

.4,877,561

Other Countries South America

CAMPHOR.

HONGKONG 19th July:-The above market is at a standstill, and prices remain as lest quoted

MISCELLANEOUS

EXPORTS.

HANKOW, 7th July The prices quoted are for the net shipping weight excluding cost of packing for export :-

Cowhides, best selected Do. seconda

Per picul .Tls. 37.00

Buffalo hides, best selected Goatskins, untanned, chiofly white

colour,

Ruffalo Horns, average 3 lbs, each

"

33,00 21.50

7.90

has been done from first hand holders. Two lots of Sheetings of 2,000 pieces each are reported at Tla. 4.65 for Blue Lion and Tla. 4,70 for Clifton C C C and that is all we can trace. Resales of Dril's are reported as follows:- Lindale Tls, 4.10, Ring Dog Tls. 4.30, Ring Calf Head Tls. 4,321, Piedmont B and Enoree F F Tls, 4.40, Prescott Tls. 4.471, Standing Horse and Standing Stag Tls. 4.65, 4 Parrots Tle. 4.671, Small Horse Head Tla, 4,70. Clifton A. Tla. 4 80, Calf's Head and Cameron Tls. 490, Pacolet Tis. 4.95 and pepperell Tls, 5.15. In Sheetings the following prices are reported to us:- Buffalo L L Tls 2.55, Blue Elephant and 4 Apples Tls. 4.30, Buffalo A Tls. 4.371/4.40, Orr A and Ea- terprise A Tis. 8.65, Abbeville Tls. 4.671/4.70. Pelzer A Tls. 4.70, Loray A and Large Tiger Tls. 4.75, Massachusettes and Allantic A Tis. 4.771, Cameron Tls 4.80, Owl Tis 4.85, Whitney Tls. 4.90, Indian Head Tls, 4.95, Buck's Head Tls. 5.00. Some 40 yard Pepperell Jeans have been re-sold at Tls. 4.95. In Americad Shirtings resales of 3 Eagle and Drum at Tls. 3.25 and Blue Buffalo L L at Tls. 3.60, and in Cotton Flannels about 250 cases Indian Head and Eller ton Q Tla. 4.50, Ellerton Tls. 4.70, Tremont | Tobacco, Tingchow GA Tlɛ. 6.10, Ellerton A Tis, 6,50 and Tremont | Tobacco, Wongkong A Tls. 6.60 The market is strong and if holders | Black Bristles, Riflings are only firm prices must go up. The Auctions Feathers, grey and/or white Wild Duck

Turmeric have, on the whole shown

Sesamum Seed

White China Grass, Wuchang and/or

Poochi. WhiteChina Grass, Sinshan and/or Chayu „, 8.90 Green China Grass, Szechuan Jute...

a firmer market.

White Vegetable Tallow, Kinchow White Vegetable Tallow,

Pingchew and/or Macheng White Vegetable Tallow, Mongyų Green Vegetable Tallow, Kiyu....

Animal Tallow Gallnuts, usual shape Gallnuts, plum do.

At to-day's sale the improveme: t in White Shirt- ings and Fast Black Cotton Italians were the Sesamum Seed Oil most stricking. Woollens went at decidedly | Wood Oil firmer prices.

Tea Oil

**

10,50

118

9.50

10,70

#

15.25

#

19.50

+

1

{

*

DE

6.85

27

9.50

t

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