302
the working of the last twelve months. Japanese Yarn:-Market lifeless. Raw Cotton :-No stock or fresh receipts of both Indian and China de- scriptions, and prices are nominal. - Indian $32 to $37, and China $34 to $38. Exchange on India has remained steady in symathy with silver and closes to day at Rs 131 for T/T, and Rs. 1311 for Post. On Shanghai 75 and on Japan 854, The undernoted business in imported and local spinnings is reported from Shanghai during the fortnight ended the 25th ultimo, viz.:-Indian :- There has been a quiet general enquiry and a fair business has been effected. Total sales 5,500 bales, with an estimated stock of 05,500 bales. Japanese-Holders have made a slight conces sion to induce business, and about 2,000 bales changed hands at Tls. 102 to Tis. 108! for No. 163, and Tls. 115 to Tls. 119 for No, 20s. Loenl:~-- About 2,000 bales No. 148 and 163 have been sold by the mills at Tls. 102 and Tls, 105, respectively.
PIECE GOODS.
Messrs. Noël, Murray & Co. in their Piece Goods. Report, dated Shanghai, 24th Sept., 1909, stato:-- There are still orders in the market from Man-. churia for American goods, but it is difficult to get any adequate advance in prices. It is, in fact, almost impossible to maintain former rates owing to the eagerness of some weak holders to realise, and this with the present replacing cost five to six mace a pirce over what some are willing to sell at. The few Importers who hold stocks are very firm and quote considerably higher prices than those now current. The River trade is not very active, although the crops are now in a very pro- mising state. The weather has continued abnor mally hot, but this should terminate with the Equinoctial gales that are now on, The Manches- ter market is now receiving some attention from Indian buyers, and with the advance in Cotton is more than ever out of reach of buyers here, for plain goods, but a small business in Fancies seems to be still practicable. The Liver; ool market ha responded to the rise in America and is now 7.12d for "spot" Middling, while 6.98d was quoted yea- terday for September, and 6.78d for December January. There is also a slight rise in Egyption fo 913. The Expert of Plain Cottons forthe first fortnight this month was only 10,000,000 yards, quite a welcome falling off. The prices quoted by New York at which business could be done, on the basis really of 12s. Old. for standard goods, really are quite out of the question, being 10 to 12% over rates ruling here. Cotto has advance to 12.95 cents for October, and 13 cents for "spot." The following interesting notes have been kindly given to us concerning the 1908/19091 Crop:-Commercial Crop-13,825,457 hales, st September, 1908, Middling spot was 5.23d. 31st August, 1909, Middling spot was 523d. The highest point touched was 6 92d. (in July), and the lowest 4 80d, the average for the season being 5.50d. The Yarn market is strong and active, though we understand some forced sales at the close have put a somewhat different complexion on it-that i-, so far as Indian spinnings are concerned. Japanese are meeting with a good enquiry from Hankow and are quite firm. Local Yarns are holding their own with the best of them. There is some activity in the Native Cot- ton market, and sales from stock or for October delivery are being made at rather fancy prices. In the private market we cannot gather that there is anything of importance going on from firet hands. In a few isolated cases we hear of a parcel of Manchester gods being given away at a sac ificial price just to keep the chop going. We fear that sort of selling has a good deal to do with the maintenance of the present low range of prices. In American makes not even so much is reported from first h nds, but resales continue on about the same lines as last week, only on a rather smaller scale. There is not much change in prices. Standard we'għts are slightly easier, 3 yard goods about the same and light weights rather firmner. Cotton Flannels are unchanged. The Auctions on the whole have shown better results, no doubt on account of its being possible to take delivery after the settling day. Grey Shiritings have done better for all weights, but for the Bleached goods 64-reeds were the only ones to maintainprices throughout, there being some regulacity with the higher grades. T- Cloths and Jeans were steady to firm, especially the latter. Turkey Reds are showing fairly steady to firm prices as a rule. Fast Black Cotton Italian have been ery sirregular, though some chop have shown considerable improve-
Woollen hove again exhibited firmnes, which perhaps has been a little more even ly distributed this week.
ment.
some
|
|
THE HONGKONG WEEKLY PRESS AND
COAL
HONGKONG, August, 20th. The arrivals · f coal since the 10th inst. amounted to 29,500 tons of Japa- mese. The coal expected is 40,850 tons Japanese, 5,200 tons Hongay, and 8,600 tons North Chipa. Quotations according to Messrs. Hughes and Hough's circular are as follows:—
Cardiff.. $21.00 to 22.50 ex-godown, nominal. Australian...$10.5 to 12.50 ex-godown, nominal, Yubari Lump...$12.00 Nomina).
Miiki Lump...$10.50 to 11.00 ex-ship,nominal. Moji Lump $7.75 to $9.50 ex-ship, steady. Moji Unscreened$6.00 to $8.00 ex-ship, stendy. Akaike lump...$8.75 to $9.00 ex-ship, steady. Labuan Lump ...$9.00 ex-ship sellers.
HONGKONG PRICES CURRENT.
!
HONGKONG, 1st Oteohur, 1909.
COTTON PIECE Goons- Grey Shirtings-6lbs.
7 lbs. 8.4 lbs. 10 lbs.
piece $1.95
2.30 to 2,56 3.10 to 4,25 4.35 to 5.70
2.90 to 3,75
4.20 to 5.80
White Shirtings-54/56 reed
58/60 64/66 Fine. Book-folds
+
33
"
Victoria Lawns-12 yards COTFON PIɛce Goods→
T-Cloths-6 lbs. (32 in.) Ord’y„.
7 lbs.
او
6 lbs. Mexicans,,
7 lbs.
"
8 to 8.4 oz., (36 in.) Drills, English-40 yds, 131 ) to 14 lbs.) FANCY MOTTONS—
Tuy kay Red Chirtings-13 to 6 lbs. piece
6.20 to 7.40 7.45 to 9.95 6.25 to 6.90 0.75 to 2.00
1
2.20 to 2.30 2.35 to 2.45
2.80 to 4.05 3.60 to 4.35 4.65 to 6.05
1.82 to 5.10
to 0.15 -yard 0.11
0.35 008 to
0.55 0.28 to 10.24 to 0.28 0.50 to 5.00
Brocades-Dyed Chinese-Assorted Velvets-Black, 22 in., Velveteens-18 in.. Handkerchiefs Imitation ilk per dozen
192
WOOLLENS-
Spanish Stripes--Sundry chops
German,
.yard
"
0.70 to
2.00 1.25 to 7.80 to
7.90 to
23
Habit, Medium & Broad Sloths,, Long Ells-Scarlet, 7-9 lbs.piece
Assorted
Camlets-Assorted WHEATEN FLOUR-
Lastings-30 yds. 31 inches
Assorted
Orleans-Plain... Blankets-8 to 12
RAW COTTON-
Rombay
Bengal (New), Rangoon
and Dacca..
Shanghai and Japanese.. Tungehow and Ningpo
METALS—
Iron-Nail Rod..
*
2.00
3.00 9.40
9.40.
14.00 to 21.00
9.00 to 12.00 1.50 This 0.60 to
.picul $29.00 to $33.00
25
*
է
29.00 to 32.00. 30.00 to 34,0) 30.00 to 34.40
..picul $ 4.05
Square, Flat, Round Bar (Eng.)............. Swedish Bar
Small Round Rod Hoop, to 11/2 in., Wire, 16/25 oz.,
Old Wire Rope.....
Lead-L, B. & Co. and Hole Chop
Australian
4.00
4.10
4.50
EXPORTS:-
[October 2, 1909.
CAMPHOR
HONGKONG, 1st October :---The above market is at a standstill and prices remain as last quoted,
MISCELLANEOUS EXPORT,
Per M. M. steamer Polynesien, sailed on 28th Sept. 1909. For Marseilles-190 bales raw silk, 48 cases hats, 100 bales hemp, 100 bales cassia, 100 bales wast silk, 14 ca es feathers, 3 case: embroi- deries, 3 cases divers, 32 cases effects, 130 rolls nats. For Lyons-105 bale- raw silk. For Havre -1 case embroideries, 20 cases cigars, 10 cases porcelain. For Beyrouth-4 cases embroideries. For Rotterdam-2 cases cigars. For Mars./Diego Suarez-47 cases provisions. For Tanger-25 cases ter.
HONGKONG SHARE QUOTATIONS.
HONGKONG, 1st October, 1909. he local stocks have retroceded to a state of quiescence, and we have but very little business to report, The activity in the Rubber market, however, continues, and a fair business has been transacted at gradually rising prices, the market still closing firm with an upward tendency. Ex- change on London closes at 1/9 T/T and on Shanghai at 75.
BANKS.-Hongkong and Shanghais, in the early part of the week sales were effected at 995, but with further sellers the rate again fell to 990 at which some few shares changed hands. The market closes with buyers at the lower rate. Nationals unchanged and without business.
- Unions continue MARINE INSURANCES. firm and after some further small sales at 842), We have no other business close with buyers. or changes to report under this heading.
FIRE INSURANCES.-Hongkongs continue in demand at 360, and a higher rate would be paid for small lots; shares, however, do not! appear to be available and higher rates may be reasonably looked for. Chinas are a dead letter with sellers at 114, and probable buyers at 1131.
SHIPPING.-Hongkong, Canton and Macaos, continue neglected and the rate has fallen to Shells have de- 314 sellers without business. clined in London to 69/ and remain without local business. Other stocks under this heading call for no comment.
REFINERIES.-China Sugars have found some small buyers at 146, and the market closes steady at that rate. Luzons are still on offer at 23 without any business to report.
MINING. Raubs remain neglected with sellers at 8, and possibly 8 would be accepted. Langkats continue a weak market in the Nortb, and after sales during the week at 840, down to 825 for December, close at 800 cash. Chinese Engineerings are in ́demand in the North at 174.
DOCKS, WHArves and GoDOWNS.-Hong- 5.60 kong and Whampoa Docks have changed hands 9.50
at 56 and 55 closing steady at the former rate. 3.00 Kowloon Wharfs have found further buyers 9.40 at 61 and 60, closing with buyers at the latter rate. Shanghai Docks continue quiet at 77, 39.50 Hongkew Wharfs bave declined to 140 in the 39.50 North.
*
"
9.20
Yellow Metal-Muntz 14/28 oz.
Vivian's, 16/32 oz., Elliots, 16/28 oz
"
39.50
1
*
box
Tin,
Tin-Plates, Steel
MISCELLANEOUS—
Quicksilver, Window Glass, ... Kerosene Oil.
altpetre, No. 1
Do. No. 2 ...... Do. No 3 Dayton, per bag of 50 lbs, Brown Bear Choice White Lily. White Fawn
Morjon
cwt. case
pieul 171,50.
21
. box
case
LANDS, HOTELS AND BUILDINGS.-Hong- 90.00 kong Lands have been the medium of a fair 7.50investing business at 104, at which rate the market closes steady.. We have nothing further to report under this heading.
5.40
picul $11.90 to 12.10 10.90 to 11.20 9.50 to 110 .gross $2.68
2.65
35
2.65
27
>>
2.65
Cow Privat Brands
*
**
2.64 2,65
COTTON MILLS.-Ewos are quoted in the North by telegraph at 137, and Soychees at 470. Internationals have declined to 89, and Laou Kang Mows to 112, the last two quotations being taken from the latest Shanghai circulars, Hongkong Cottons have been placed during the week at 64.
RUBBERS.-The market has been lively and
a fair business has been put through at advan- ced rates. The sales during the week include the following: Sungie Chohs at 17/ prem., 261 Ragalas at from 9825 to 8830, Balgownies at 264 from S$65 to 71. Golcondas from £2 15 to £2