September 24, 1896.)
COMMERCIAL.
TEA.
SHANGHAI, 18th September.-(From Mesars. Welch Lewis & Co.'s circular).Our last "printed” Tea market advices were under date 4th instant. The North China Daily News of 17th instant says:-, Mr. C. J. Dudgeon is proceed. ing almost immediately to Peking to urge upon the Foreign Ministers the importance of appoint. ing a Cominission to sit in Shanghai to consider the whole question of the proposed revision of the Commercial Treaties with China." Mr. Dudgeon goes to Peking at the instance of the China. Association aud of the Shanghai General Chamber of Commerce, to whom the buyers of Tea at this port have addressed a latter on the inland and export duties; they justly consider these heavy duties as a principal cause of the decline in the China Tex trade.
Black Tex-A small business has been done at about previons rates. Ningchow. 240 {-cht. at Tls. 13.00 to 20 25 a pcl. Keemun..., 161 Kutoan 169 Wenchow. 427
Oonam ...1,789
"
15.75
"
11
"
12.75
25
..
"
"
13.00 to 14.00 11.00 to 13.25
"
#1
Total...2,786 1-chests.
Stock. About 3,000 half-chests hard cargo in Shanghai. The stock in Hankow is said to be 40,000/50,000 half-chests. ·
Green Teas.-The export figures to the United States and Canada for this mail show a surprising falling off compared with those for many years past, but they will probably prove to be the most favourable of the season, as about 3 million pounds weight have been bought and are in course of shipment.
Pingsueys. The settlements reportel in the past four weeks amount to 95,290 boxes and 1,173 half-cherts which, we believe, are the largest set- tlements recorded for the same number of weeks. Prices show little or no change, but buyers have benefited by a reduction in steamer freight to New York from £2 to £1.10 and a little lower exchange. Country Teas-A moderato business has been
current at about former rates. Choice Moyunes and Tienkais. are still in demand at fall prices. The market for Fychows is firm, former prices being refused. Teamen show no disposition to give way in their prices, as they believe the decrease in supplies will enable them to maintain rates at present level. Latest estimates of tofal yield are reduced to 180,000 and 190,000 half- chests.
Hysons. This market has been very excited for common to finest Teas: choice Teas have been readily saleable at full prices. The present mail takes about 10,000 half-chests to Bombay.
Settlements reported since 4th instant :- Pingsuey...20,434 ¦-cht. at Tls.15.00 to 28.00 a pel. Moyune 9,121
16.50 to 35.00 18.00 to 39.00 14.50 to 18.00
|
|
|
CHINA OVERLAND TRADE REPORT.
EXPORT OF TEA FROM CHINA TO
Cases Ginger 30
cases
ODESSA.
1896-07 lbs.
1895-96
lbs.. 27,040, 68
Sundries for Glasgow bales Rattanware; for New York Essential Oil.
Shanghai aud Hankow .....22,544,742-
The American ship Commodore T. H. Allen, Hongkong to New York, 15th September, took: EXPORT OF TEA FROM JAPAN TO UNITED | 20,792 rolls Matting, 10,382 packages Tea, 2,000
STATES AND CANADA.
bales Cassia Lignea, 1,800 cases Palin Leaf Fans, 1895-96 625 packages Fire Crackers. 401 casen Saigon lbs. Cassin, 100 ca¬ks Soy, 79 cases Bamboo Fans, 24,005,252 42 bales Rattancore, 37 case Blackwoodware, 14,740,6 2 casce Chinaware, and 10 packages Rattanware.
Yokohama.. Kobe
+
1806-97 The. 17,841,620 9,292,675
27,131,295
88,745,914
SHANGHAI, 17th September.-(From Mr. A. R. Burkill's circular) —London advices to 16th cur- rent quote Gold Kilin 8/3, Blue Elephant 10/6. and the market quiet. Raw Silk.-The markot has been fairly active during the week, and the aggregate of business is larger than for any previous week this senson. Tsatlees-I 200 bales have been booked on a basis of Tls. 345 for Gold | Kiline, a slight reluction in price on last mail's rates, and buyers have had a further advantage in a lower Exchange. All classes of Tsatlees have been in demand, the Kilin clops being perhaps most favoured. Taysanma.-Settle ments of about 200 bales are reported; prices are fully maintained. Yellow Silk-Arrivals are small and are generally bought up at onca at full prices. Ahont 200 bales are reported settled. Arrivals, as per Customs Returns 10th to 16th current. 733 bales White, 281 piculs Yellow, and 204 piculs Wild Silks. Filatures and Re-reels.— 150/200 bales Hand Filatures have bean settled at last mail's rates and some Steam Filatures are going forward, but terms and prices have not transpired. The export of Steam Filatures to date is as follows:-To London 8 bales, Continent 593 bales, and to America lôt bales. Wild Silk. -Arrivals are small, and nothing is offering for sale. Waste Silk-This market is extremely dull; the few orders received are generally below holders' ideas. Prices for most kiads are weak, but the concessions required before business can became general are still considerable and holders have not yet made up their minds to face the inevitable losses.
EXPORT OF SILK FROM CHINA AND
JAPAN TO EUROPE.
Canton
Shanghai Yokohama..
1895-96
The German steamer Bayern, Hongkong to Europe, 15th September, took for Smyrna, 10 boxes Essential Oil; for Trieste, 200 balea Waste Silk; for Genoa, 56 bales Canes, 10 bores Essential Oil, 2 packages Merchandies; "for Antwerp, 160 rolls Matting, 128 bales Feathers, 73 bales Leaf Tobacco,53 packages Rattancore, 50 cases Gallnuts, 60 packages Tea 21 bales Hemp; for Antwerp/ Bremen and/or Hamburg, 14 hales Feathers; for Antwerp/London, 90 cases Bristles; for Amstér- dam/Botterdam and/or Hamburg, 860 cases Ginger forAmsterdam, 70 eases Preserves, 25 casks Pre- serves; for Rotterdam, 400 cases Cassia; for Liverpool, 6 bales Wool; for Bremen, 538 rolls Mat- ting, 32 cases Sundries; for Bremen/Hamburg, 50 rolls Mast; for London, 22 cases Essential Oil; for Oporto, 80 packages Rattanware; for Rio de Janeiro, 1. case Curios; for Hamburg. 70 bales Feathers, 10 boxes Essential Oil, 1 case Samples.
The French steamer Baghallen, Hongkong to France 16th September, took :-533 bales Raw Silk, 7 bales Hair, 21 cases Silk Piece Goods, 10 cases Essential Oil, '25 cases Bristles, 14 cases Chinaware, 400 cases Cassia, 20 packages Cow Hides, 50 packages Canês, 2 bags Rice; för Milan : ---50 bales Raw Silk; for London :- 25 biles Raw Silk.
OPIUM.
HONGKONG, 23rd September.-Bengal-The market has ruled quiet during tae interval and prices have declined, New Patna closing at $727). Old Patna at $750, and New Benares at $760.
Malwa.-There has been nå demand for New descriptions, whilst in Old a fair amount of busi- ness has been done. Current quotations are as under:-
New (this yr's) $720 with all'ance of 8§ to 41 cts.
(last yr's)$730
14 to 4
1896-07
監督
bales..
bales.
Old (2/3 yrs.)$740
9,276
5,808
Old (4/5 yrs.). $750
10,710
25,967
Old (6/8 yrs.) $770
1,680
7.813
21,865
•
##
0 to 2
J
**
13
0 to 1
05
i.
0 to 21
Persian. The demand has been slack and very few sales have taken place during the past 39,619 week. Prices close at $550 to $600 for Oily
and $550 to $650 Paper-wrapped.
EXPORT OF SILK FROM CHINA AND JAPAN TO AMERICA.
14
"
Tienkai. 5,33-1
Canton
39
FJ
"
Fychow 1,169 Local P'ked 581
Shangbai
JJ
"3
2
18.75 to 24.00
;
"
Yokohama......
:
To-day's stocks are estimated as under :--- New Paton..........
......1,069 chests.
53
**
325
*
4012
362
1896-97
139%-90
Old Patna
hales.
bales.
New Benares
547
4,041
Malwa
360
3,478
Persian
750
6,661
COURSE OF THE Hongkong Opium Market,
Total ...36,639 -chts.
Settlements from opening of the market to
1,657
14;183
PATNA.
BENARES.
KALWA.
date:-
DATE.
CAMPHOR.
1896 to 1897.
New. Old. Now. Old.
Now. Old.
Settlements.
Pingsuey ...(0,492 -cuts.
Moyune...34,992
Tienkai....24,493
Stock. 15,001 -chts.
22,364
HONGKONG. 23rd September.-The market con- tinues dull and prices have a downward tendency. Quotations for Formosa are $48.50 to $40.00. During the week sales have been 100 piculs.
1896. $
$
$
$
$
Sept. 16
735
750
762)
Sept. 17.
735
750
1
7624
"I
Fychow...... 11,365
Local packed 6,901
968
SUGAR.
Sept. 19
Sept. 18
735
750 7621
7333
750
760
J
Total...138,243 -chts.
39,233 -chta.
Several thousand Pingsueys have arrived, and are not included in above stocks.
EXPORT OF TEA FROM CHINA TO GREAT
HONGKONG, 23rd September.-The market is weaker and prices have declined. the quotations:-
Sept. 20
7334
750-
780
Following are Sept. 22 727 650
Sept. 21
732) 750
760
760
Sept. 23
724020950 760
**
BRITAIN.
Canton and Macao
1896-97
lbs. 3,471,987
1 F
Shekloong, No. 1. Whito...$7.25 to 7.28 per fel.
do.
z, White... 6,55 to 6.57 Shekloong, No. 1. Brown... 4.54 to 4.57
do.
2, Brown... 4.37 to 4.40 swalow, No. 1, White... 7.15 to 7.17 1895-96 do.
2. White... 6.50 to 6,52 Ibɛ. Swatow, No. 1, Brown... 4.37 to 4.40 4,049,439
do.
2, Brown... 4.25 Lo 4.27
COTTON.
**
23
נל
13.00 to 16:00
Shanghai and Hankow...14,783,294 Foochow.................................... 5,976,756
24,232,037
9.45 to 9.47
15,295,237 Soochow Sugar Candy. 10.30 to 10.50
7,509,809 Shekloong
26,853,485
MISCELLANEOUS EXPORTS. The steamer Tantalus, Hongkong to London, EXPORT OF TEA FROM CHINA TO UNITED
16th September, took:-7,679 bores Tea (14,796
· STATES AND CANADA.
lbs. Congou, 130,956 lbs. Scented Caper, 4,515 1896-97 1895-96
Scented Orange Pekoe), 50 boxes Essential lbs.
Ib3
Oil, 28 cases M. O. P. Shells, 19 cases Chinaware, 6,475,373 16,748,669 10 cases Preserves, 224 cases Preserves, 200 6,998,012 5,903,381 | bales Piercel Cacoons, 40 bales Mat Bags, 210 1,131,222 1,608,212 rolls Mats, 65 rolls Matting, and 9 packages Sundries; for London and or Manchester:-125 14,604,607 94,260,265 | bales Waste Silk; for Manchester :—1 package
Shanghai Amoy
Foochow
$ |720/730|740/770 720/730/740/770 720 730 740,770 720/730 740/770 |720/730|740/770 |720/730|740,770 |720/730/740/770 |720,730 740/770
HONGKONG, 23rd September.-There are po sales to report for the past fortnight, the prices demanded by importers being considered too high by the dealers. Stocks, about 700 bales Bengal.
Bombay
$14.00 to 17.00 p. pl. Kurrachee
Bengal, Rangoon, and
Dacca
.......
| 15.00 to 17.50
Shanghai and Japanese.. 18.00 to 19.00 Tungehow and Ningpo.. 18.00 to 19.00 Madras
14.00 to 17.00
RICE.
-91
"
Hosukone, 23rd September. The market still has an upward tendency, Closing quotations
are:-
Saigon, Ordinary
"
Round, good quality Long
per picul. $2.30 to 2.32
2.54 to 2.56 2.70 to 2.78
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