CAMPHOR
THE HONGKONG WEEKLY PRESS AND
Peraian.-Business has continued dull, Clos- HNGKONG, 6th October. There is no changeing quotations are $500 to 3680 for Oily, and to report in the position of this market. Quota-$350 to $720 for Paper-wrapped according to tions for Formosa are nominally $48.75 to $19.00. quality. Sales, 280 piouls.
'T'o-day's stocks are estimated as under:--- New Patna.
A
.1,180 chests.
710 310
**
"
580
11
COURSE OF THE HONGKONG OPIUM MARKET.
PATRA.
BENARES.
[October 7, 1897.
take their cue from these small sales, and which may culminate in more important transactions. It is difficult to get any authentic news of the state of the 'markets at our dependencies, those in the North especially, but judging by the ship. | ments thence they cannot be very bad, though it must not be overlooked that they are stil drawing on comparatively cheaply Lought sup- plies, and it is therefore doubtful whether prices have got anywhere near the level of those ruling her For Hankow there is Bome excuse- on account of the height of the water in the river threatening floods, and this same cause is inter. ferring with the navigation beyond that Port to Szeghuen, in addition to the obstruction caused by the authorities in pressing all the available $ trankers into their service for the purpose of. 870/900/920/950 transporting rice to the famine stricken districts. 870/900/920/950
It is quite time an attempt was made to take 870/900 920/950 small steamers up to Chunking, but it is useless 870/000/920/950 waiting until the Chinese lead the way, as there 870/900 9207950
are too many conflicting interests for them to do | 870/900|920/950
it, 870/900 920/960
KALWA.
Now, Old. New. Old New. Old.
New Benares
SUGAR.
"
HONGKONG, 6th October.—The markot is active and prices are advancing. Quotations are:- Shekloong, No. 1, White...$7.30 to 7.32 per pel.
do.
2. White... 6.87 to 6.90 Sbekloong, No. 1. Brown... 4.64 to 4.66
do.
2, Brown... 4.51 to 4:54 Swatow, No. 1, White... 7.25 to 7.28
do.
. White... 6.75 to 6.78 Swatow, No. 1, Brown... 4.52 to 4.56
do.
2. Brown... 4.47 to 4.50 Soochow Sugar Candy......11.12 to 11.15 Shekloong
Malwa Persinn
J
71
DATE.
"
1897.
$
3
$
23
Sept. 29
7221
7221
Sept. 30
720
720
9.72 to 9.75
Oct. 1 7183
720
Oct. 2 7187
720
Oct.
3 7171
720
Oct. 4 7171
5 725
720
725
$
COTTON. COTTON, 22ml September.-Sales have been effected at declining rates. Stock, about 3,625
$17.50 to 18.00 p. pl.
16.00 to 17.00
bales.
MISCELLANEOUS EXPORTS. Per P. & O. steamer Shanghai, sailed on the Oot. 23rd September. For Manchester:-350 bales waste silk. For Glasgow:-50 casks and 53 cases preserves. For London or Manchester :—- 175 bales waste silk. For London:-13 cases cigars from Manila, 150 bales waste silk, 440 bales canes, 66 bales rami, 12 bales mica, 35 bales feathers, 118 rolls mats, cases silk piece goods, 30 cases blackwood ware, 20 cases bristles, 52 cases china ware, Il cases pearl shells, 122 cases essential oil, 5 cases curios, 7 cases sundries, 3,406 cases and 660 casks preserves, 300 packages lady crackers, 8 packages rattan chair, 47 packages ordi stores, 9,044 boxes tea (189,924 lbs.).
The German steamer Erato, sailed on the 27th September. For Odessa:-39 bales canes, 67 bales galangal and 50 boxes staraniseed. For Havre-19 boxes feathers, 29 boxes paper, 394 rolls matting, 30 cases bristles, 118 cases chinaware, 2 cases silk, 12 cases blackwoodware, 2 cases poho oil, 3 boxes human hair, 50 boxes camphor, 38 packages tea and 8 packages sundries. For Havre Option Hamburg :-15 bales rattans and 300 cases palm leaffans. For Hayre/Hamburg/London:-45 cases essential oil, 60 cases bristles, 350 cases camphor, 50 casks ginger, 100 bales feathers and cassia oil. For Hamburg:-548 drums camphor oil, 3 cases ilang ilang. 65 rolls matting, 25 packages lanterns, 559 bales canes, 50 boxes staraniseed, 3 cases blackwoodware, 215 cases preserves, 210 casks preserves, 4t boxes essential oil, 50 bales rattan shavings, 20 cases cassia oil, 940 cases cassia, 33 bales rattancore, 16 cases chinaware, 44 packages crackers, 31 oases bristles, 61 casks ginger, 37 cases ginger, 2 bales galangal, 1,130 packages tea, 23 packages sundries, 4 cases teasticks, and 90 bales rattan ware. For Ham- burg London Antwerp:-40 cases bristles. For Hamburg Option London:-5 boxes bristles. For Hamburg Option Autwerp:-20 cases bristles. For Antwerp:-125 p'ckga tea. For Lisbon :-3 cases china & lacqd. ware. For New York
-10 boxos cassia oil.
Per British steamship Oopack, sailed on tho. 28th September. For London-1,717 boxes tea (36,057 lbs.), 4,725 cases ginger, 2 cases covers, 275 casks ginger, 119 packages canes, 50 cases palm leaf fans, 10 bales rattan shavings, 5,181 packages. For Glasgow:-1 package tobacco samples.
Per M. M. steamer Laos, sailed on the 29th September. For France:-489 bales silk, 5 cases silk piece goods, 3 packages effects, 62 packages tea, 16 packages hair, 100 cases gall nats, 10 casks wood oil, 28 rolls matting, 5 packages bamboo. For Milan-20 bales raw silk. For London :-9 cases plants.
OPIUM.
Bombay Kurrachee
Bengal, Rangoon, and} 17.00 to 19.50
Dacca
**
31
**
}}
2
Shanghai and Japanese.. 21.00 to 23.00 Tungchow and Ningpo.. 21.00 to 22.50 Madras (Best).
17.00 to 18.00 Sales: 500 pieces Bengal, Kangoou, and Dacca.
RICE.
easier. Quotations are:-
Saigon, Ordinary..
"
Round, good quality. Long
Siam, Field, mill cleaned, No, 2 No. 1
}
$2.59 to 2.62 2.74 to 2.76
2.87 to 2.90 2.65 to 2.67 2.92 to 2.95 4.00 to 4.05 4.20 to 4.25
METALS, 1st October:- (From Messr. Aler. Bielfeld & Co's. Report):-On every hand there is still the same cry, that has become so monotonous, of no business being done. Not only is this the case in the metal trades, but it is fully as true in all the import lines. In addition to the unsteady exchange, which bas completely unsettled the markets, we have here to contend against the rise in prices at home, and the great rise in freight, which latter is now a great factor. Whereas a year ago metal freights could be booked at from 158. to 203., these same rates are now quoted at 32s. 6d., and even at this price it is not offering freely. Many orders sent home during the past few months have been below the market rates 20 per cent. to 25 per cent. by the time they have
HONGKONG, 6th October. The market is weaker, prices of all descriptions being a little reached home, and this has pat an additional damper on all transactions. Reports from the outports are no more encouraging. From New- chwang good crops are reported, but there seems no inclination to invest surqlus money in foreing products. Tientsin and Chefoo districts seem unable to meet the rise in prices.as nothing is being done there, despite the near approach of the annual closing. From Hankow and River Ports there is the same cry, and it would almost seem as though the consumers preferred to do without rather than neet the advances. The following are the only transactions we have heard of:-100 case Yellow Metal Sheathing at Tls. 24.60 to Tls. 25; 750 boxes Bamboo Steel, Double Horsə £12. 7s. Od. c.i.f.
"
**
Garden, White... Fine Carg›
HONGKONG, 6th
COALS.
October.- Market strong i sale of 10,000 tons Japanese at $8.75 and $10.50 per ton to arrive. Quotations are:-
Cardiff ......、、 $16.50 to 17.00 ex ship.
$9.00 small. Australian... {
11.00 lump.
Miike Lump... Mike Small... Moji Lump
10.00 to 11.00 ex ship, nominal 9.00 to 10.00 none offering 8.00 to 9.50 ex ship, steady
MISCELLANEOUS IMPORTS. HONGKONG, 6th October.-Amongst the sales reported are the following :-
YARN
*
AND PIECE GooDB:-Bombay Yarn.- 25 bales No. 8 at $88, 725 bales No. 10 at $9! to $102.50, 335 bales No. 12 at $95 to $98, 30 bales No. 16 at $104, 750 bales No. 20 at $107 to $111.50. White Shirtings.-500 pieces X. 9 at $4.75. Spanish Stripes.-21 pieces Indigo, German S. & G. at $1.65, 120 pieces Red Dragon at $0.62, 18 pieces B.B.B. at $0.6)}.
METALS.-Tin.-400 slabs Foongchai at $39.40 to $40.50, 100 slabs Siam at $40. Quicksilver.-- 300 flasks at $125.50.
SHANGHAI, 30th September. (From Messrs. Noël, Murray & Co's. Piece Goods Trade Report)— The past week has been exceptionally dull in this market as, in addition to the continued lack of demand, clearances have dwindled down very considerably. This is probably accounted for by the stringency in the Native money market and the consequent high rate of interest ruling daily. At the same time orders from the Outports are coming in very slowly, the general expectation being, on recipt of advice of the recent reaction: in Exchange, that rates were going up to the neighbourhord of three abillings, the news of the subsequent decline, apparently, taking mach longer to travel, if it was even advised at 1. A small business has commenced, but it cannot, be called a consumptive demand, but rather a speculative movement on the part of one or o❘ of the local dealers, in anticipation of the enquiry which they seem certain cannot be far off now. It is, confined almost entirely to Manchester. makes and can hardly be taken as any criterion. of the market, nor yet the general feeling of Importers, as prices are considerably below the cost of replacing. Still, a beginning has to be to 21 **
made, and both buyers and sellers may possibly
HONGKONG, 5th October.-Bengal.-The mar ket, after dropping to $720, kept steady until towards the close when it advanced to $725, which is the current rate for both New Patna and New Benares
Malwa.-There has been a rather small busi-; ness passing in this drug during the interval and, rates have receded slightly, the following boing. the latest figures :—
from 2 cts. to 2,,
New (this yr's) $870 with allowance to 2 catties
(last.,,) $900 Old (2/5 ) $920 (6/9 ) $950
رو
U
0 to 0
15
"
13
|
EXCHANGE.
WEDNESDAY, 6th October.
.1/101 .1/10
ON LONDON.—
Telegraphic Transfer Bank Bills, on demand Bank Bills, at 30 days' sight 1/10 Bank Bills, at 4 months' sight...1/10 Credits, at 4 months' sight
On PARIS.--
ON GERMANY.—
ON NEW YORK.-
ON BOMBAY.—
1/10
Documentary Bills, 4months' sight 1/103
Bank Bills, on demand
2.34
Credits, at 4 months' sight
2.38
On demand
.1.89
Bank Bills, on demand
.451
Credits, 60 days' sight
.461
Telegraphic Transfer.. Bank, on demand..
142
.142}
Telegraphic Transfer
.142
Bank, on demand..
142)
Shanghai.—
Bank, at sight
Private, 30 days' sight. YOKOHAMA.----
..9 % pm.
ÎN CALCUTTA,—
On
ON
On demand. ON MANILA,——
On demand.. ON SINGAPORE.-
On demand.. SOVEREIGNS Bank's Buying Rate GOLD LEAF, 100 fine, per tael
.74 .741
..6. % pm.
..14% pm. .10.60 56.00
JOINT STOCK SHARES. HONGKONG, 6th October.-The week under review has shown but little activity and rates but little change. The chief part of the small business transacted has been in Mining stock.
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