April 3, 1895.]
The CHAIRMAN put the resolution to the meeting and it was carried nem, con.
⚫RAI
CHINA OVERLAND TRADE REPORT.
COMMERCIAL,
SILK.
Purchases include:-Tsatlees.-Buffalo 3 at Tia. 410, Gold Elephant at Tis. 392), Mountain 4 at Tis. 380, Gold Kiling at Tls. 335, Double Silver Elephant at Tls. 335, Yaconley Seeling at Tls. 3321. Tay- Filature. Eagle Horse Croisee 1 and 2 at Tis. 490 saan.—9/12 Moss Double Butterfly 2 at Tls, 2971, to 480, San Tien Chang Cock and Centipede 1 and 2 at Tiz. 470 to 460, Black Horse 1 and 2 at Tls. 465 to 455, Double Swallow 1 and 2 at Tls. 440 to 430. Re-reels.-Market Chop at Tls. 310 to 320.
· 259.
COURSE OF THE HONGKONG OPIUM MARKET.
PATNA.
BENARES.
MALWA.
DATE.
1896.
New. ola. New. Old. New. Old.
$
Már. 29
727 732) 736 735 732
710 700 1690 710 7061 690 710 700 720
6000 720/130
720/780
710. 710} 700
690
7271 710
710 7162 1695 7123 1895
720/780 720/730
Mar. 28
Mar. 30
RICE.
*
vessels arriving with rice cargoes have gone up HONGKONG, 2nd April.-Owing to the strike to Canton to unload, and prices here have vanced, but have declined at Canton. Closing quotations are:-
Saigon, Ordinary
"
#1
Round, good quality Long
per picúl .$2.16 to 2.18 2.86 to 1.88
2.44 to 2.48
Siam, Field, mill cleaned, No. 2... 2.22 to 2.25
Garden,
No. 1 ... 2.52 to 2.54 Siam White.............
2.98 to 8.00 ........................................................... 3.23 to 8.36′′
"
Fine Cargo
MISCELLANEOUS IMPORTS. HONGKONG, 2nd April.-Amongst the sales ported are the following:
bales No. 10 at $68 to $77, 395 bales No. 1 st YARNS AND PIECE GOODE:-Bombay Yarn, 340 $68.50 to $71.50, 75 bales No. 16 at $76, 405 bales No. 20 at $79.50 to $83.50. T-Cloths.—1,125 pièces Mex. 4 Stags at $2.12).
The CHAIRMAN-I do not know whether that may be taken as the termination of the meeting, but assuming that it is. I am sure I am ex and Burkill's circular).-Home advices dated 127t SHANGHAI, 28th March :-(From Messrs. Cromei pressing the opinion of every one present when current report the market "steady." Gold Kiling I say that the meeting has not been called in 7/6, Blue Elephants 9/3. vaip, as we have had an expression of opinion standing that the news from Europe reports the haw Silk. Notwith- from various speakers, who have thrown some silk manufacturers to bẹ busy, prices do not seem light on the present difficulty. For the Com-to show any signs of improvement. Our market mittee, I may say, as I said in my few opening during the week has been quiet. Teatless-Only Mar. 31 remarks, that they are most anxious to give a small business has been done, 200 bales having April 1 the Government every support in their power changed hands at about last week's rates. Yellow April 2 in the future as in the past. Their public Silks.-The demand which has been a strong one functions now cease, but by suggestion and every during the past fortnight seems now to have sub- way in their
power, they will do their best sided, and we do not hear of any transactions t
this to uphold the hands of the Government. 21st to 27th instant, are 777 bales of White, 100 week. Arrivals, as per Customs Returns from the (Applause). Of course, in a great difficulty such bales of Yellow, and 2 bales of Wild Silk. He reels as this, as I have already said at the opening of and Filatures.-Contracts for Filatures continue the meeting, the Government is bound to be to be made, and we estimate the same for this week successful in the long run. No person, I am sure, at about 3,400 bales, at rates showing somewhat for a single moment doubted when the strike higher pieces. Wild Silks.-Stocks commenced that the Government must even- and no fresh business to report. Waste Silk.-
very small tually prevail, but the question is what is to With the exception of a transaction, 350 piouls be the cost. If they are going to gain the day Honan No. 2 (whole bales) at Tis. 19, there is noth- over the coolies by the process of exhaustion, ing to report. Pongees.1,000 pieces Shanting the loss will be enormous, and I do not think Pongees 21/22 ox. have been booked at Tls. 2.50, the Government would sacrifice any dignity at all also 1,000 pieces 20/21 at Tis. 2.40. by accepting the recommendations made-far be it from me lo recommend anything of the kind. but I do say if the suggestion by the Committee is considered a bad an unwise one, let us clamly consider whether there is any better anggestion which will put this difficulty at an end at an early date. The loss entailed among the gentlemen present, and probably to many gentlemen who are not here, is unseen and an- dreamt of. This strike is felt enormously by the Chinese themselves. I am told-I have not gone, but if any of you have gone along the west end of the town you will have seen that there is very little business being d no where ordinarily the 20,000 coolies ont on strike would have been working to provide for the wants of 260,000 people. The business of the Chinese ha well as the foreign com- munity is practically at a standstill. veature to speak on behalf of the Committee as well as myself, I would say I express no resent ment with respect to the criticisms passed on the Committee. As stated in their letter, the registration of the owners instead of tenants is a subject upon which opiniona may well differ. And I see no reason for the condemnation? I am sure the Government by stating its adherence to its original design to quell this strike by its own strong arm will succeed as certainly as I am addressing you now, but loss to this colony will be huge. I cannot tell you. gentlemen, how soon good common sense may prevail with these labourers; I trust it may be to-morrow-I trust it may be to-day-so much the better und I would be the first-I and my colleagues on the Committee would be the first to congratulate the Government upon the termination of the diffi- culty which at the present time I do not see the end of. With these remarks and I know they are inadequate to the occasion, although they are the best that occur to me on the spur of the moment-I wish the Government every success, and I beg if any gentleman bas a practical suggestion to make to the Government he will
pake it without delay. (Applause.)
If I may
A vote of thanks to the Chairman, proposed by Mr. MACKINTOSH, brought the proceedings
to a close.
NOTICE ISSUED BY HIS EXCELLENCY THE GOVERNOR. The following unotice was issued by the Go- vernor yesterday afternoon ---
Whereas it has been ascertained that evil dis- posed persons are circulating false rumours that poll tax is to be levied and that registration fees are to be charged, though it has been noti fied again and again that no poll tax is to be levied and no registration fees are to be charged. a reward of $1,000 is hereby offered to any person who gives information at once which will lead to the arrest of the persons who are spreading these lying rumours and misleading the people. The law must be obeyed. If you are in doubt as to its provisions, though they have been already explained, you can apply to the Registrar-Ge neral, who will supply any information you may ́ ́desire. Oboy!
› On Monday the German ships in harbour dressed ship in honour of Prince Bismarck's birthday.
CAMPHOR.
ward from Formosa prices continue to advance HONGKONG, 2nd April.-No supplies coming for- Quotations for Formoss are $58.00 to $69.00.. During the past week sales have been 150 piculs. Quotations for Japanese camphor nil.
SUGAR,
HONGKONG, 2nd April. The market has tinued dull and a further decline has to be re- ported. Following are the quotations:- Shekloong, No. 1. White...87.30 to 7.35 per pcl.
do.
2. White. 6.85 to 6.90
Shekloong, No. 1, Brown... 4.60 to 4.70
"
!**
"
METALS.Tin-200) slabs Siam at $35.50 $36.80, 100 #labs Foong Choi at $36.
SHANGHAI, 28th March.(From Mr. G. W. Noel's
report.)-The peace negotiations, on which mach now depends, have been rudely interrupted by the dastardly attempt on the life of China's Envoy. Fortunately it did not prove fatal, and con-it can only be hoped that, as some reparation for the outrage, the Japanese will so far moderate their demands as to make a settlement possibles The feeling is, however, there is very little chance of that for some time to come; their operations, which are being extended row to the south of this, strongly supporting this view of the situation. The weather in the north has remained too severe to admit of any movement of importance in that direction, but all preparations are being made for an advance on the capital, which will probably take fully two months to accomplish, and during that time trade is doomed to languish. The posi tion of affairs in the Newchwang district is thus described in a circular dated 20th February from London, 29th January, took:-230 casks Ginger, and militar demonstrations in the other. The The British steamship Keemun, Hongkong to has been paralysed by brigandage in one quarter that port:-" Business is almost nil. Cart traffic 230 packages Canes, 86 cases Bristles, and northern farmers, unable to send down the produce, package Samples. From Amoy :-553 boxes Tes and 480 half-cheats Tea. From Foochow :-1,870 half-chests Tea, 1,159 boxes Tea, 95 packages Canes, and 3 boxes Sundries.
do:
do.
2. Brown... 4.40 to 4,50 Swatow. No. 1, White... 7.30 to 7.35
do.
2. White... 6.70 to 6.72 Swatow, No. 2, Brown... 4.20 to 4.25 1, Brown... 4.35 to 4.50 Foochow Sugar Candy......10.50 to 10.60 Shekloong
9.30 to 9:34%
D
MISCELLANEOUS EXPORTS.
The P. & O. steamer Malacca, Hongkong to London, 23rd March, took :-6 cases Cigars, 10 bales Duck Feathers, 509 packages Tea, 11 pack ages Sundries, 101 bales, Waste Silk, 270 bales Goods, 300 casks Preserves, 138 cases Chinaware, Pierced Cocoons, 80 bales Canes, 1 case Silk Piece 25 cases Blackwoodware, 53 cases Bristles, and 712 bundles Mattings for Buenos. Ayres -1,800 packages Tea and 3 packages Rattan Chairs.
OPIUM.
HONGKONG, 2nd April. Bengal. The market rates. New Patna continues to be quoted at $7274, has ruled quiet with hardly any fluctuation in Old at $710, New Benares $712), and Old $695.
Malwa.-There has been scarcely anything doing in this drug during the period under review. The following are the current quotations New $690 with allow ce, of 0 to 1 cts. Old (2 to 4 yrs.) $720
0 to 11
""
(5 to 7 yrs.) $730
0 to 14. Persian, Sales have been moderate and no change has taken place in rates during the interval. Oily drug closes at $720 to $750, and Paper-wrapped at $750 to $800 according to quality.
New Benares
وو
To-day's stocks are estimated as under :- New Patna............
..1,200 chests. Old Patna
980 160 1,090 LL.....: 850 Persian kuwi Lokayumizu! 1,000ed by
Old Benares........................ Malware
are therefore unwilling to buy the imports which were sent up country before the river closed. The weather is intensely cold, and the river will pro bably not open before the 23rd March. If peace is arranged before then, or if this port, the river, Liao, and the bean districts are unmistakeably in the hands of the same power (whether Japan or China), we hope to see produce coming trade. If otherwise, the prospect is most discourag down in May, and to have a good summer export ing. The port and river are already in the hands before the surrounding country is subjugated. No of the Japanese, but it will probably be some time steamers have been depatched thence from here as yet. The trade with Vladivostock has recommenced further developments than were exhibited last in a satisfactory way and promises to show still
here for goods to arrive, in addition to what has year. Already some fair orders have been booked
that as the Siberian railway progresses new been shipped to that market. There is no doubt outlets for all kinds of goods will be opened up,
and this is bound to be the chief source from which supplies will be drawn. Deliveries continue in a healthy state for the River markets, but the further supplies to any extent, so that the current natives do not require yet to call on importers for business has again been very small. The upward movement which continued in exchange until this morning has naturally had a weakening effect on prices, but at the same time it has enabled some forward business to be put through. The re action has been as sudden as the rise and canses- a feeling of great uncertainty. The Manchester market is quiet, bút steady.
Metals.(From Mr. Alex. Bielfeld's report )- 29th March. There have been some sales of Lead
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