110
IMPORT!!:-
COMMERCIAL
RICE.
HONGKONG, 2nd August:-The prices are ad- vancing, market being brisk. Saigon, Ordinary
Bound,, Good quality Long....
$4.85 to $4.90
491 to 4.95 5.41 Lo 5.05 3.15
6.03
3.20
"J
"
Siam, Field mill cleaned, No. 2...
5.11
to
Garden,
No. 1 ...
5.00
to
White..
多备
Fine Cargo
2,15 5.25
to
OPIUM.
Quotations are: ---
Malwa New
Malwa Old
Malwa Older
Malwa Very Old
Hosakosa, August 2nd.
THE HONGKONG WEEKLY: PRESS AND
although Cotton is.so.much easier, the latest quotations current being 11.84 cents for August, The market for Indian Yarn is at a standstill ow- ing to the great difference between the views of buyers and sellers, the former considering the limit has been more than reached. Japanese Spinnings are saleable, however, to a modernte extent at current rates. It is said a transaction involving the sale of 1,000 b-fes of one of the Local Mills production has been booked on rigate terms. The Native Cotton crop is not shapping very well, in consequence of which holders are raising their prices. Business, from first hands cannot have heen very extensive, but abs hitely 530 nothing is reported, the poor prices received if anything is done no oubt detering sellers froni. making the quotation public, as the eale may probably be made for the purpose of introducing a new chop. Interest has been chiefly centred on the Auctions which have presented a strange contrast in twenty-four hours. Up to yesterday prices were ke ping quite steady to firm as com. pared with last week, but at this morning's Auction a general slump sceins' to have get in, there being se reely one redeeming feature about the sale. With the exception perhaps of Lastings, Woollen goods were equally as disappointing as Cotton fabrics. Stocks-Since writing the above, we have made some personal enquiries and hare discovered ommissions in the Returns to the fol- fowing extent, and we therefore correct our figures accordingly, as they are perfectly genuine and reliab e, the ecretary of the Chamber of Cow- merce confirming the fact that they had not been included in the Returns published, Grey Shirt- i g: 8.4 lbs. 5,000 prices, 10 lbs, 10,000 12 lbs. 12.000; White Shirt ngs 5,000 Turkey Reds 32,600 prices, Fast Black Italians 9,00 + přices.
..$1,140/1,160 per picul.
$1,170/1,200 do. $1,210/1,:50 do. $1,200/1,300 do.
Persian Fine Quality
Persian Extra Fine
$LORCYT,IG do. £950/1,000 do.
Patna New
$935
Patna Old..
$980
$975
Benares New Benares Old
PIECE
GOODS.
per chest.
do.
da
EXPORTS: -
TEA
[August 2, 1909.
MISCELLANEOUS EXPORTS,
Per M. M. steamer Armand Behir, sailed on 20th July. For Marseille- 84 bales scie, 100 bales déchetsde soie, Benisses broderies, 2cai es soierie s 16 caisses plumes, 46 colis cheveux, 1 caisse nacre, 10 balls, chanure, L'caisse chapeaux. For St. Chamond101 fles coje. For Lyons—358 balles For soic For Toni'ouse-=1 caisse broderies. Havre E caisse hambons, 34 caissé po celaine. For London-417918e provisions, 25 balles dechots de soir. For Hamburg caisse plumes.
Fer & O stemmer Pelta, sailed on : 4th July. For Manchester-100 Fales waste Filk. Ear Gibraltar-2 cakes silk goods, lease ivory ware. For Milan- 10 balestraw silk, For St. Chammond -10 ha'es raw silk. Favre-3 ba.es tea mats, For Lyons-462 bales raw silk. For London 200 hales waste silk, 63 bales raw silk, cases silk, 20 h/c tea, 26 cases chinnware;.12 cases chinese ink, 200 rolls matting, 223 þales nagrissas Mills. For Marseilles-350 bales waste silk, 70 bales raw silk, 3 cases tea mats, 3 cases feather,
HONGKONG SHARE QUOTATIONS.
HONGKONG, 30th July, 1909.—The market continues dull, but a fair business has been transacted in a few of the local stock", and also- in Rubber shares. Rates generally are in- clined to weakness and most of our local stooks are neglected. Exchange on London T/t closes at 1/8/13/16. and on Shanghai 741.
BANKS. Hongkong and Shanghais hava continued to rule strong, and in the absence of sellers the rate has further improved, after sales at 1,005, and 1.010 to 1,012, at which last rate the market closes firm.
HANKOW, 22nd July – Business reported since quotation last to hand is £93. the 14th inst., is as under :--
now in request at 57, but with tainable..
1900. -j-chests. Settlements
...8.835 Consisting of the following Teas :—— -chests. at Tls.
Messrs. Noel, Murray & Co, in their Piece Goods Report, dated Shanghai 23rd July, 1989), state:- The market has ruled exceedingly quiet through- out the interval, and is likely to continue so, if it is correct that only ab ut ore third of the pur- chases made during the last few weeks have been shipped as yet to the consuming districts. It is true there is a good deal of enquiry, but would-bes buyers do not appreciste the very wide margin there is between their offers and the cost of re- placing. this is not altogether surprising when it is considered that there is a difference of fully 5% between what some holders are as ng and Such others are willing to sell similar goods at. incongruities in the market are most disconcert | ing, and quite up set the standing of the oldest chop. At the same time we have never found it | Ningehows so difficult to di cover what is actually going on, Importers being very jealous f other finding out what they are doing. Some light has been thrown on the excessive exports of Plaiu Cottons from Manchester by the receipt of Messrs George Robinson Co.'s statistics for June, which show that it is la gely caused by the great increase in the Exports to Hongkong, which show an ex- cess of 90% for the twe ve months ending 30th June 1909, against an incease of 22%, on similar sh pinents to Shanghai. Aud both in Dyed and Printed goods the shipments to the Colony aro much more commensurate with those of recent years than the Shanghai Figures are. future is likely to show con: iderable curtailment in supplies is pretty well assured, Recent advices received state that many Mills have already com- menced wo king short time and others are serion-- ly contemplating following the s me course, or closing altogether for the time being.
That the
It is not
|
Oopacks
Oonams
|
829
738
..1.639 ...2.(K15
Oɔufars Seang-tams.. 3,556 Ichings,
KK
1908, ! chests
14,740
190000
2,350
44.2453
2,000
9.25
1325
11
13.50
MCKI
1.690
11
1.10.
The London Nationals are no shares ob-
MARINE INSURANCE.-Unions with a con. tiñaed small demand have advanced to 830 with small sales, and at the close a few small lots Ferpieul. could be placed at that rate. North Chinas have improved to "120, with sales, and further offers to sell at that rate, would meet with a ready buying response, Some odd lots of Cantons have chang i hands at 193 Wə have nothing further to Teport under this bending.
3.073
The following are Statisties at date compared, with the corresponding circular of last season, viz. 224d July, 1908;
Stock
HANKOW TEA Settlements...
Arrivals
21909 -chests ...394,816 47,152
348,968
1909
1908 J-cheste
480,418 16.661
KIURIANG TEA:
4-chests
Settlements
tock
183.517 10,222
Arrivals
...203.739
387,080
1968 -chests
175,957 22,588
798,715
Compaartive Quotations per as nnder:-
Buhows Kutoans Wen-chows Copacks Oonams Oonfias Se-ng-tamis
changs
1909
1908
per picul
24.50 28.0
23.00
26.00
23.00
12.00
21.00 57.00
++
**
13
19:00
22.00
26.00
32.50
19.50
960
+
25.00 75.0
» 25.00
"
11.95 ..
12.75
**
12.70
35.00
ฟ
8.00
12.00
13.30
12.50
13
17
1+
30.00 . 61.50
1
+
2% (0
36.00 18.50
27.00 65.00
11
The export to 17th instant, as per Customs Returns stands thus:-
only for China that trade'is falling ff, for almost every Country, except China in Plain Cottons, show a serious decre se in the figures f the year ending 30th June. The fluctuations that have taken place in the price of tiotton on the house | Ningehows.lls. 13.25 at 100.00 Tis, 15.50 at 10000 markets would s em to indicate that speculators Khemuns.. are at work again, the ups and downs in New York The effect has being very drastic, e-pecially. been to cause Manufacturers to be firmer than ever, an instance being given of a cloth bought in March and now arriving bere, being now quoted | 111% higher! The news from the Out-ports is not encouraging. The water at Hankow is re- ported to be a foot over the Bund, and Shashi is actually under water. In this neighbourhood there is a spell of terribly hot weather which must to a great extent interfer with business. The dealers are still waiting to hear from Tientsin and and Newchwang befne investing any more in American goods, which are nomin ly very strong at the prices quoted last week, or even higher, but transactions have been on & retail scale. The Manchester market is so much ho ve this for staple goods it is impossible to connect, but a quiet business is passing in miscellaneous lines of Fancy m kes, which seem to be available here and there at quite workable prices. The Liver- pool Cotton market after some fluctuations has recovered to 6,65d. Mid A merican "spot," forward July and 6.31d. rates received being 6.394 November/December. Egyptian is unchanged at 9d. New Yo.k presents a very firin market quotations for all goods being up in the skies
Hankow
Sacson 1009-1010...6,629,855 lbs.
VaiShanghai,
To Great Britain
Kiukiang 3,193,137 lbs.
Total 1909/W
2,399,003 Ish. United States and Canada, 2,032,516 Continent
"1
#1
Russia in Europe..
Russia via North
"
hanghai
Direct 1909,
United States Great Britain Continent Russia in Europe Russia in Asia
11
.1.896,987 19,523 84
€
17
11
. 1,461,092
442,303 ths. 1,716.204
224689
6,612,328 .12,555,576
"
|
FIRE INSURANCES,-Hongkong shave found bayers at 345, and a few more shares could be Chinas have weakened a placed at that rate. little and at time of closing shares are obtain. able at 116.
SHIPPING. Hongkong, Canton and Macang have ruled very steady, with sales at 323 and 33, closing steady at the latter rate. Indos have declined to 63 without business, and in Shang- hai sales are reported at 43 Tls. London's last quoted rate is £5, 15. bells improved to 74/ with sales and close steady to firm at 73/. We have no further changes or business to report under this heading.
་
REFINERIES. -S-les of China Sugars have been reported at 142, and 149, and at fime of closing sellers at 141 rule the market. Luzons after sales at the improved rate of 18 close with sellers at that.
MINING. With the exception of a fall in Raubs to 8, with sellers, and of Chinese En- gineerings to 19 we have nothing to report under this heading.
DOCKS, WHARVES AND GODOWNS.-Hong- kong and Whampoa Docks on an announcement of $1 dividend for the half year ended 30th June, and apparently with no provision for writing off, or reserve fund, have suffered a further decline and after several sales at 66 in the early part of the week have gradually declined to 62, at which rate sellers rule the market at the close. Sellers forward fail to find any buyers, Kowloon Wharfs have alan rolet weaker and after very small sales at 58 close with gellars 57). Shanghai Dooks have declined in the North to 80, with no local sales to report, and Hongkew Wharfs have fallen to 148, after ruling the greater part of the week Pat 150.
LANDS, HOTELS AND BUILDING8,-Hong- kong Lands how signs of weakness and small sales were effected in the early part of the work at 107, the market closing with sellers at that rate and no buyers over 106. est Points remain neglected and without Lu-