214
IMPORTS:-
· COMMERCIAL
RICE.
.... Round, Good quality Long..
HONGKONG, 4th September:-The quotations of the market are nearly the same as when last reported. Saigon, Ordinary
.$5:00 to $5.05 5.05 to 5.10 5.15 5.10 to
to 5.05 No. 1..5.15 to 5.20 5.30 to 5.35 5,45 to 5:50
J
Siam, Field mill cleaned, No. 2... 15.00
20
Garden,
>
White,
Fine Cargo
OPIUM.
HONGKONG, Aug. 19th-We beg to continue our advice of the 12th ulto,, since when the movements in our various Opium markets have been as follows:--
Malwa, Patna. Benares. Persian Stocks on the 19th Aus., 1909-1,807 2,196 998 430
Aug., 20th Imports per Fookrang-
5,
26th-
30th
11
*ept. 2nd
2,020 3,106 1,798
608
200
10
19
Lairang- Japan- Assaye 153)
410-
442
200
335
"
300
15
120
6
€30
00
1,27 399
197
162
Less Exports to Shanghai
Less Exports to East and West Coast Ports including. Local Consumption for the fortnight..
400.
Estimated Stocks this day. 1,887 2,077 1,511
Bengal.~The ri-e here seems to be due to the fact that notwithstanding the interruption of trade with Canton the Calcutta and Shanghai markets are advancing. We quote Patua and Benares at $1,065 at the close.
Malwa.-No change to report.
Persian. We quote superior drug at $1,070.
YARN.
THE HONGKONG WEEKLY PRESS AND
PIECE GOODS.
seems
irregular prices.
[September 4, 1909.
HONGKONG PRICES CURRENT.
HONGKONG, 3rd September, 1909. COTTON PIECE GOODS-
Grey Shirtings—61bs.' 7 lbs. 8.4 lbs. 10 lbs.
piece $1 95
>>
2,30 to 2,55
3.10 to 4,25
"
4.35 to 5.70
31
2.90 to 3.75
39
4.20 to 5.80
6.20 to 7.40
7.45 to 9.95
White Shirtings-54/56 reed
difficult to get the exact figures, but it is roughly estimated that 5,300 bales Drills, 2,000 bales Messrs. Noël, Murray & Co. in their Piece Goods Sheetings and 2,000 bales Shirtings have changed hands, as follows:-- Drills. Enoree F. F. Tis. Report, dated Shanghai, 27th August, 1909, state:- Excepting that there has been considerable 4,421/45, 5 Swallow Tls 4.47), Clifton R. and Red Joss Tis: 4.50, 5 Parrots Tls. 4.50/52), Water Melon movement in American goods amongst ›econd-
Tls. 4.65. 4 Parrots Tla. 4.65/671. Merit A. and hand holders during the interval, the market has not shown much change since we last wrote. To-Eagle and Duck Tls. 4.67. Heaven's Mandarin and Piedmont 4. (Standing Horse) Tis. 4.70. Six wards the close Exchange has suddenly taken a move upwards, being the only fluctuation of any Dragon and Calf's Head Tls. 4.75, Small Horse Head Tls. 4,80, Massachusetts Tls. 5.00 and importance since the end of June. What effect it will have on the market is problematical. Buyers Pepperell Tls. 5.25. Shirtings-Camel Tls. 3.30. Two Pagoda Tls, 3.30/35, Soldier Tis. 3 32. usually make it the excuse to lower their offers, Three Parrots Tls. 3.35/37, and Buffalo L. L. The but some holders seem to think they cannot pos- 3.571. Sheetings. Buffalo A Tls. 4 371, Henrietta sibly do that on this occasion, as prices have been
D TIs. 4.62, Piedmont Tls. 4.65/67). Cabot A so very inadequate for a long time past. The and and Enterprise A Tls 4.671. Loray A and natives, never heless, have lots of a-surance and do
Abbeville Tls. 4671/70, Whitney Tls, 4.9%, and not miss anything by not asking for it. However, Buck's Head Tls. 5.05. The Auctions have not we are still in hopes that a distinct change will
shown very satisfactory results on the whole. It come over the market in the near future. The
is noticeab'e the 8.4-lbs. Shirtings were inclined. harvests are more promising and the fears of in-
to steady up a little, but with exception of best jury by floods diminishing. The chief enquiry 12-lbs. the heavier weights had a drooping ten- for the American goods, mentioned above, has dency. White Shirtings have not shown up very come from Newchwa gand Hankow, and a fair
well on the whole, but there were exceptions. business, variously estimated at from 6 to 8,500'
T.-loths were without much change. The bales, has taken place, the native dealers being lighter weight Jeans were steady to firm, but the able to supply the entire demand from their own
heavier qualities did not do so well. Turkey stocks on hand. That prices have not shown
Reds were weak and drooping, Fast Black Italiang greater improvement than they have
somewhat in and out, but on the average without to have been brought about through a misunder-
much change of importance. Venetians were a standing between a large holder and his shroff's,
Woollens have sold at decidedly trifle easier. #nd not through any special exigency of the mar- ket. For Tientsin it is suspected that a small business, is passing, but it is being kept very quiet, Judging by tlie clearances other markets are tak- ing their fair quota of goods. The news emanat- ing from a Chinese newspaper that Japan and China had settled their differences regarding Manchurian affairs, seems almo-t too good to be true, and we prefer to wait for some confirmation of it before making any comments. On the lines set forth it would certai ly be a very desirable settlement. Private advices from Vladivostock just received are to the effect that but for a large exort of Beans from Manchuria, quite a new business this year, trade is rapidly dwindling down since it became a closed port. Ti ere are strong evidences, however, that the Japanese are going to divert the whole of the Manchurin trade, import as well as export, by opening a new free port just below the Russian frontier on the Korean Coast, to be connected by railway with the Moukden-Antung line, and from its geographi- cal position it ought to develop into an inportant place in a very few years. There is no change in the position of the home markets, Manchester especially keeping very strong, while in some sections of the industry an effort is being made to keep prices up artificially, a course always to be deprecated as likely to do more harm than good by inviting outside competition. branches of the trade it is still possible to con- nect in a small way, but otherwise there is next to nothing doing for the China market. The Liverpool Cotton market, after some fluctuation, has returned to 6.73d. for Mid-American "spot," the quotation for "August" coming yesterday 6.62d, Egyptian has recovered to 94d. The last fortnightly advice of the export of Plain Cottons was 16 million yards. The New York market is fully a shilling a piece over the prices current here, 10s. 5d. being quoted for 3.25 yard goods. Cotton, after slumping to 12.12 cents has recover- ed again to 12.24 cents for September option and 12.37 cents for December. There is a lull in the Yarn market, prices being considered too high to touch with impunity, but for what business is passing full rates are being obtained for Indian Spinnings. Bombay is quiet but firm. Japanese yaru is perhaps a sh de easier, which may be in sympathy with Osaka. Local spinnings are fairly steady but there is little fresh doing Native Cotton is easier on account of the improved crop We understand that the bulk of the prospects. forward buying so far is for the Japanese Mills. Holders of Manchester makes are still anxiously looking for that demand which never
HONGKONG-Mr. P. Eduljee, in his Report dated 3rd Sept., states:--There has been much less doing in this market, and the past fortnight has been comp ratively quiet. The principal factor at work has been the recent rise in Ruped exchange, lead- ing to the belief amongst buyers of a still greater improvement in remitting rates in the near future. Importers have been pressing sales at a reduction of 50 cents to a dollar per bale on all desireble spinnings, but dealers are acing very cautiously, and being now fairly well supplied with every grade of twist from their late heavy purchases, can afford to wait development, and business at the close is more or less at a standstill. No, 20; continue to attract attention and have been largely dealt in and compri-e the bulk of the settlements. The demand for No. 10s has greatly subsided and would appear to run on medium grades. No. 12s ard 16s are in short supply and values of favourite tickets sbow some appreciation. Receipts during the interval are moderate, and stocks show a slight decrease from last estimate. The market closes quiet but steady. Bombay continues strong, and only a small business is pas-ing for the Far Eastern markets; the level of values being still unapproachable, as compared with prices. Fuling here and in the North. Sales of the interval aggregate 4,593 h bales, arrivals amount to 5,839 bales; unsold stock estim ted at 18,000; and sold but uncleared yarn in second hands at 35 000 bales. Local Manufacture -- Sales of 75 bales No. 8s at $113, 300 bales No. 103 at $115, and 250 bales No. 12s at $117) are re- ported. Japanese Yarn:-There is no change in the continued quietness of these threads. Raw Cotton:-Stocks of Indian aud China staple are exhausted, and in the absence of any supply the market is almost closed. Quotations are:-Indian. $28 to $36; and Chinese, $32 to $37. Exchanger on India has slightly advanced in sympathy with silver and closes strong to-day at Rs. 1324 for T/T and Rs. 132 for Post. On Shanghai 747 and on Japan 854. The undernoted business in imported and local spinnings is reported from Shanghai during the fortnight ended the 28th ultimo, viz.:-- -Demand brisk during the first portion Indian:- of the interval, but has considerably subsided at the close. Total sales about 3,000 bales at about of 76,000 Jate quotations, with an estimated stock bales. Japanese:-In good request, about 3,500 bales changing hands on the basis of Tis. 1031 to Tis, 111 for No. 16s, and Tls. 116 to Tls. 119 for No. 208. Local-Sales reported are 1,000 ales No. 148 and 16s, at Tls. 100 and Tls. 106 re- spectively.
In certain
comes,
so they say! Perhaps it looks small in comparison to what they have known it, which is probably the case, for there must be some- thing doing all the time for re-exports to keep Of course there is next up as well as they are. to no indenting going ou, except in retail quantities of specialities as mentioned above, while the market cok is quite devoid of any transactions from stock. In American makes it is as bad so far as importers are concerned, but a onsiderable interest is still held by the dealers and from this the demand is being supplied at about a shil ng a piece under tepalucing cost, that's all! The run has been chiefly on 3 and 2.35 yard Drills, both the buyers Hankow, and New- chwang being in the field for them, the former asking some 3,000 bales out of the total. It is
58/60 64/66 Fine.. Book-folds
Victoria Lawns-12 yards T-Cloths-6 lbs. (32 in.) Ord'y,
7 lbs.
6 lbs.
7 lbs.
13
6.25 to 6.90
10.75 to 2.01.
2.20 to 2.30
2.35 to 2.45
"
Mexicans,,
2.80 to 4.05
"
3.60 to 4,35
3י
8 to 8.4 oz., (36 in.) Drills, English-40 yds., 13;
to 14 lbs.
FANCY MOTTONS—
Tur key Red Chirtings-1 to 6 lbs. piece
4
Brocades-Dyed.
Chinese-Assorted Velvets-Black, 22 in., .......... Velveteens-18 in...
4.65 to 6.05
1.82 to 5.10
-yárd 0.11
Handkerchiefs Imitation dozen per
Silk
to 0.15
>>
0.08 to 0.35
22
0.28 to 0.55
0.24 to 0.28
0.50 to 5.00
WOOLLENS—
Spanish Stripes--Sundry chops
23
33
2.00
**********yard 0.70 to
2.00 German, ...................... Habit, Medium & Broad Sloths, 1,25 to 3.00 9:40 Long Ells-Sqarlet, 7-9 lbs.piece 7.80 to
Assorted
7.90 to 9.40
Camlets-Assorted. WHEATEN FLOUR ---
Lastings-30 yds. 31 inches
Assorted
Orleans-Plain... Blankets-8 to 12 RAW COTTON-
Hombay
3"
14.00 to 21.00
9.00 to 12.00 Ibs, 0.60 to 1:50
..picul $26.00 to $32.00
Bengal (New), Kangoon
and Dacca..
Shanghai and Japanese... Tungchow and Ningpo
METALS
Iron-Nail Rod....
Square, Flat, Round Bar (Eng.)... Swedish Bar
Small Round Rod
Hoop, & to 11/2 in.............................................
Wire, 16/25 oz.,
Old Wire Rope.....
22
26.00 to 32,00 27.00 to 33,00 28.00 to 33.00
....picul $ 3.95
3.90
4.00
4.50
#
5.60
9.50
3.00
""
9.20
9.00
39.50
39.50
39.50
90.00
box ..cwt, cage
7.50
picul 169,0)
box
case
5.80
Lead L, B. & Co. and Hole Chop
Australian ... Yellow Metal-Muntz 14/28 oz. ....... Vivian's, 16/32 oz., Elliots, 16/28 oz ...
Tin,
Tin Plates, Steel
MISCELLANEOUS-
Quicksilver, Window Glass, Kerosene Oil,
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