April 17, 1895. {
8
CHINA OVERLAND TRADE REPORT.
Soon after twelve o'clock on Thursday a fire broke out in a rattan shop at 144, Queen's Road West. Mr. H. E. Wodehouse and the Fire Brigade quickly attended and succeeded in con- fining the flames to the first and second storeys. The premises were insured.
our birth. and whose subjects, according to the last Anglo-Japanese treaty, in four years time we must virtually become. I presume all Hongkong is aware that the Japanese intention as far as Formoss is concerned is to make a preferential coast trade between the is. land and Japan, thus practically eliminating the The Gillies gold medal, presented to the In- British flag from Formosan waters. It is true stitution of Engineers and Shipbuilders by the that the loss to Hongkong traders by the cession President, Mr. D. Gillies, to be competed for by of Formoss, coupled with the rebellion in the members, has been awarded to Mr. W. G. Kwangtung and Fokien that will assuredly Winterburn for his paper on screw propellers. follow the Japanese control of the Southern Five members competed for the prize. China Seas, will only amount to few The German steamer Lyeemoon reports hav- million dollars, but is the colony in aing met the British steamer Achilles on Monday state to admit of any curtailment of her lying at anchor 9 miles N. 1 W. off Pedro trade? The fate of British merchants coast Blanco, with her shaft broken. Offers of assist- wise is apparently a minor detail, and I will not ance were refused, and after temporary repairs trouble you with it. What Hongkong should the injured vessel will be able to put back to understaud-if it is capable of understanding Hongkong. any trading question intelligently-is the man- The Rifle Brigade turned out on Wednesday ner in which its own trade is threatened, and morning on the Parade Ground in full strength, that openly, by Japan. Moreover, what garai-eight companies and the Band, for inspection. son does Hongkong propose to maintain to They were in heavy marching order and in counteract the effect of 50,000 Japanese troops winter uniform. They looked uncommonly smart (the Formosa garrison) and an impregnable and went through their evolutions with ad Japanese naval station permanently maintained mirable precision. within sixteen honrs' steam of the colony,—I am, yours faithfully.
Tamsui, 8th April, 1895.
HONGKONG.
X
295
COURSE OF THE HONGKONG OPIUM MARKET,
CA
PATKA.
BENARES.
MALWA.
DATE..
New.
! Old.
New.
Old.
New. Old,
1896.
$ $
705
$ $
720 705 722) 705 707 720 705 7071
690 720/740 720 705 707 685 690 720/740 7204 718 707 вао 690 720/740 722 725 710 1700 690 720/740
$
885
690
720/740
1685
690 720/740
685
April 11 April 12 April 13 April 14 April 18
RICE.
been experienced from Canton, the natives laying HONGKONG, 16th April.-A large demand has in stores in anticipation of a blockade by the Ja- panese. Closing quotations are :—
It is notified in the Gazette that Her Majesty has not been advised to exercise her power of disallowance with respect to Ordinance No. 14 of 1894 entitled an Ordinance to secure in certained. cases the rights of property in telegraphic messages and to prevent the forgery and im- proper disclosure of telegrams.
COMMERCIAL.
SILK
The colony is in sore need of heavy rains. The reservoirs are in such a low condition that the supply has been restricted to three hours a day. Such a step is of course necessary, but it
SHANGHAI, 10th April: (From Messrs. Cromie will naturally meau a serious danger to the and Burkill's circular).-Latest London advices health of Hongkong, particularly just now, when report the market "firm" and make no alterations a recurrence of the plague is considered possible market remains the same as indicated in our last in quotations. Raw Silk. The position of the Sporadic cases of plague bave occurred at week's report, and with the exception of a few Macao, and in Hongkong the gruesome sight bales of Yellow Silk we hear of no business, of dead boxes and ambulances being pre-Taatlees.-Taysaams. No transactions reported. pared for the recep'ion of plague stricken pa- Yellow Silk. The only business we hear of is a tients and corpses can be met with ou the foot- sale of 20 bales best Mienyang at Tls. 245. path in Wyndham Street. On Saturday His Arrivals, as per Customs Returns from the 4th to Excellency the Governor Sir William Robin the 9th current, are 405 bales of White, 13 bales son, presented the Hongkong Regiment with of Yellow, and 13 bales of Wild Silk. Re-reels its colours; the ceremony was very imposing. A and Filatures.-Wild Silks. No business. Waste meeting of the Legislative Council was held on Silk. Has been neglected; high exchange ren Thursday and the Sanitary Board also met ondering business impossible. Pongees.-No mar- the same afternoon. The prisoners charged with ket. participation in the mutiny and attempted mur- der on the British barqne Launberga were com. mitted for trial. Ou Friday, Saturday, and Monday the Hongkong Rifle Association held its Easter meeting at Kowloon, and the shooting was much superior to that of previous years. The meeting was a great success.
The gambling houses at Kowloon City and Samsbuipo are reported to have resumed busi.
ness..
The Rev. A. G. Goldsmith, seamen's chaplain, and Mrs. Goldsmith left for home on Thursday by the P. &. O. steamer Pekin for a holiday.
Inspector Hennessy left for home on Thursday by the P. & O. steamer Pekin on six months' leave. Inspector Hanson has taken charge of the Water Police.
Mr. A. J. Leach, Q.C.. left for Singapore by the P. & O. steamer Pekin on Thursday to take up his appointment as Puisue Judge in the Straits Settlements.
It is notified in the Gazette that the Queen's ex quator has been issued empowering Mr. F. J. Haver Droeze to act as Consul-General for the Netherlands at Hongkong.
CAMPHOR.
last reported. Quotations for Formosa are $58.00 HONGKONG, 16th April.—The market remains as to $59.00. During the past week sales have been 100 piculs. Quotations for Japanese camphor nil.
do.
do.
10
SUGAR
HONGKONG, 16th April,-The market still con- tinues weak. Following are the quotations :- Shekloong, No. 1, White...$7.31 to 7.33 per pel. Shekloong, No. 1, Brown... 4.75 to 4.78 2, White... 6.82 to 6.85
swatow. No. 1. White... 7.22 to 7.25 2. Brown... 4.55 to 4.57
do.
2. White... 6.70 to 6.72 do.
1, Brown..: 4.45 to 4.47 Swatow, No. 2, Brown... 4.28 to 4.30 Foochow Sugar Candy ......10.62 to 10.65 Shekloong
14
OPIUM
9.20 to 9.25
12
HONGKONG, 16th April.-Bengal.-There has been some activity in the market towards the close owing to a demand from Shanghai for new drug, which has improved to $7224 for Patna and $710 | The Hon A. M. Thomson, Acting Colonial for Benares, Old Patna and Old Benares are Treasurer, has been appointed also Acting Su-quoted at $725 and $700 respectively. perintendent of the Gaol during the absence, of Mr. Lethbridge, and will combine the duties during the past week, and transactions have been
of the two offices.
It is notified in the Gazette that the Opium Farm has been let by private contract for the term of three years, from 1st March, 1895, to Lum Sin Sang and Ho Tai Sang, trading under the style or firm of Man Fook Company.
The large number of men-of-war in harbour at presont has given the Chinese the impression that a Japanese attack upon Canton may shortly be expected. They say the men-of-war bave assembled here to be in readiness to witness the bombardment, The report is of course a mere canard, but it has caused a good deal of uneasiness amongst the native community..
"
ور
Malwa. There has been very little change
on a small scale. The following are the current figures: * New ...
$690 with allow'ce of to 1 cts. Old (2 to 4 yrs.) $720
to 1 (5 to 7 yrs.) $740
1 to 2 Persian.-Sales have been very meagre. Quota- tions continue at $710 to $750 for Oily and at $750 to $800 for Paper-wrapped according to quality.
To-day's quotations are as under :- Old Patna New Patna.............................................................
........... 1,880 Old Benares
690
New Benares.............................. Malwa
Persian
700 chests.
"
"
360
"
d. 700 1,050
Saigon, Ordinary
Round, good quality Long....
Siam, Field, mill cleaned,
Garden,
Siam White.
Fine. Cargo
COALS.
per picul $2.16 to 2.18 ....... 2.35 to 2.37 2.42 to 2.45 No. 2... 2.22 to 2.25 No. 1 ... 2.52 to 2.55 .... 3.02 to 3.05 3.25 to 3.28
HONGKONG, 16th April.-Small business report-
Quotations are: Cardiff
$11.00 to 12.00 ex ship, buyers. Australian 8.00 to ex ship, nominal. Miike Lump... 6.75 to. 7.25 ex ship, nominal. Miike Small... 5.75 to 6,25 ex ship, nominal. Moji Lump 5.50.to 6.50 ex ship, nominal,
MISCELLANEOUS IMPORTS. HONGKONG, 17th April,-Amongst the sales re- ported are the following
White
YARNS AND PIECE GOODS:-Bombay Yarn-55 bales No. 8 at $63, 645 bales No. 10 at $65.50 to No. 16 at $73 to $79, 820 bales No. 20 at $66 to $72) 440 bales No. 12 at $68 to $72, 145 bales $85 Grey Shirtings.1,000 pieces 10 lbs. Stag at $3.55, 1,000 pieces Blue 5 Men at $3.55, 300 pieces 8 lbs. Red 5 Men at $2.50. Shirtings.-500 pieces R. 2 at $3.90, 300 pieces E.F. at $6.25. Victoria Lawns.--2,400 pieces Brown Stag at $0.61. T-Cloths.-750 pieces Mex. 4 Stags at $2.05. Fancy Goods.-200 pieces Figured Eu- hossed Sateen at $0.033. Camlets.-30 pieces 9 Old Men Scarlet at $17.30.
METALS-Iron.--350 kegs Wire Nails at $4.40. Lead.-1,680 piculs at $6.05. A
SHANGHAI, 11th April.-(From Mr. G. W. Noel's report.) Nothing definite has transpired as yet
last week. quently, every thing remains much as described with regard to the peace negotiations and, conse-
pear to have some grounds for believing an agree- At the close, however, the natives ap- ment has actually been arrived at, or is very near it, and this receives some confirmation by the manner in which they have started in to clear goods for the Tientsin steamers that are leaving here to-day and to-morrow, comprising a large propor- tion of American makes, which have, however, mostly changed hands amongst themselves. From the prices rumoured as paid it looks very much as though the northern dealers are having it entirely their own way, the native holders here having lost all heart and are willing to accept almost any prices in order to effect prompt sales. The con- stant fluctuations in exchange, too, that still con- tinue are most perplexing and make every trans- action more or less a gamble. As a rule the effect of the rise in exchange is counteracted by the higher prices in Manchester, but at the same time small parcels are continually being offered from thence at rates out of all proportion to the or dinary market quotations, which has naturally a most demóralising influence on this side, the goods being hawked around as importers have not suf ficient confidence to settle them on their own account. Alas, how the old order of things has changed! in the good days of "pucka merchant pidgin" what a grand opportunity there would have been for a straight deal now! The natives, however, are kept so thoroughly posted as to every movement in the home markets, or exchange, that it is quite impossible to do any thing but a simple coumission business. For the River ports and Ningpo a fair enquiry still pertains, and deliveries are as satisfactory as can be expected under the cir- cumstances, but unfortunately the dealers have very little need to call on importers for supplies, having quite sufficient in hand to meet all requirements. The first shipments direct to Vladivostock for the season must be considered distinctly satisfactory, especially as far as English goods are concerned. The Manchester market is strong and advancing in sympathy with cotton, which has taken another upward movement, being now 34d. Quotations
No comments yet.
Private notes are available after approval.