July 22, 1898.]
Settlements reported are:-
Ningohow... 1,528 1-chts, at Tls. 18 to 22 picul.
Keeman...... 547
Wenchow
Oonan...
Oopacks
"
#1
...
738
11
2+
400
284
13
"
11
*
8,492 1-chests.
221 to 281
"
16 to 18.60, shipped
do.
Stock, 10,195 half-chests, mostly represented by musters only.
CHINA OVERLAND TRADE REPORT.
J
85
EXPORT OF TEA FROM JAPAN TO UNITED | 8wntow, No. 1, Brown...$4.80 to 4.85 per pcl,
STATES AND CANADA.
do.
2, Brown..... 4.70 to 4.75 Foochow Sugar Candy......11.20 to 11.25 Stekloong
10.86 to 10,90
Yokohama Kobe
1898-99
lbs.
11,044,313
4,578,045
15,623,258
1897-98 lbs. 11,716,105 5,758,740
17,474,846
EXPORT OF TEA FROM CHINA TO ODESSA
1898-99
1897-98
lbs.
Green Teas.Valuations of musters of the new crop Pingsueys have been received from the United States during the past week. They are Shanghai and Hankow... 15,893,080 generally disappointing and show heavy probable losses.
In this market very little of interest has been passing. The business in Pingeueys has almost censed. All buyers are waiting for lower prices or for better advices before operating, and Tea. men are unwilling to give way and meet buyers' views, believing that the greatly improved quality of this year's yield must induce a demand before long. The second packs, which have been arriv. ing lately, show the same purity in infusion as was so noticeable in the first packs. It is with- out doubt a record crop as regards purity and good cup quality, and Pingsuey Tea-men feel that it will be hard lines if they are to suffer serious loss after making this signal effort to satisfy American requirements. Present prices are said to barely cover cost. The losses on last season's native consigamenta, many of which were "sbut out, must have told severely on many of them, and it is computed that some 20,000 boxes of unsaleable stuff from last year's crop still remain in Tea-men's hands. Local Packs have been dealt in to a moderate extent. If Teas were bought for appearance only prices look reasonable, but for comsumption they ure neither "fish, flesh, fowl nor good red herring, " and the trade would be better without them. Fychows have come to hand in fair quantities, and we regret to say that almost every chop is "smoky" and undesirable. The one or two notable excep- tions are nice sweet Teas, which show how good the leaf from this listrict is, and that it only wants care and rational treatment to raise this district from being a by-word for bad flavor to a high position amongst the Ten producing districts. The Soe- yoans are rather good Teas, and their qualities have fully appreciated by buyer. Tienkai bave not come down in quantity, and as they cost very high in the Country no business in them has yet become practicable. It is too early to speak of the quality of the crop, but it promises to be good. Moyunes are expected to arrive in a few days. Hysons. In spite of rumours that large unsold stocks remain in Central Asian markets the demand for “Choice" and Choicest" Teas has begun with unusual vigor and prices are what the Teamen choose to ask. Tls. 45, Tis. 48 an 1 Tls. 52 have been recorded this week. The lowest quota- tion is Tls, 24 for clean Local Packed.
Settlements reported are :---
-chts.
5,107 at Tls. 27 to 34 a picul. 1,875
20 264
Pingauey Fychow
1
Local packed
3,350
23
#J
++
[Fine lines Tls. 32
18
11
231
"
[Fine lines Tls. 25.81
10,342 -chts.
Total settlements from opening of the market
to date:-
•
Pingsuey
Moyune
Tienkai
Fychow
Stock.
Settlements, 1898-99. 1897-98. 1898-99. 1897-98. -chts. -chts. 4-chts. I-chts. 12,276 13,602
149
260
1,875 1,421
Local packed. 6,595 6,378
ށ
16,254 14,992
SILK.
}
lbs. 16,893,814
SHANGHAI, 16th July.—(From Messrs. A. R. Burkill & sons' Circular).-According to the latest telegraphic advices the London market keeps quiet and Blue Elephants are quoted at 10/3 Gold Kilings are quoted at Fes. 27 from Lyons Raw Silk. After the last mail left Tacl price for 'T'saflees weakened and Gold Kilings were done at Tls. 432), but buying has not been on a large scale, prices at the closs have recovered slightly and Gold Kilings are now quoted at Tls. 435, and the market closes steady. In Yellow Silks about 100 bales have changed hands. Arrivals, as per Customs, 9th July to 15th July, are: 2,309 bales White, 159 bales Yellow, and 93 | bales Wild Silks. Re-reels and Filatures.-A few lots of Hand Filatures for Lyons liave been settled, the market is quiet and holders to-day are more in- clined to meet buyers' ideas. The Export of Steam Filatures to date is: 233 bales to America, 350 bales to the Continent, and 20 bales to Eng- land. Wild Silk.-Quiet, little doing. Waste Silk. There is a good demand for all clases of Frisonnets, but prices asked by holders are very high; in new season Wastes the following trans- actions have taken place:-
pels.
300 Kading Frisocnet (whole bales) 200 Curlies, No. 1
at Tis.
22
53 48
100 Curlies, 60 pc. I 30 pc. II 10 pc. III
Prices calculated by Maerten's Tables at 11 per cent. Exchange 2/7}; Freight Tls. 7.80 per bale.
Tis. Stlg. per pcl. per lb 475 10 81 452 10 2}
Tratlees. Bird Chunling
TJ
Blue Elephant
Siebings Quongfoong Three Pagodas Hangohow Thatlees.-Lanhock Tayenams.---Green Kahing M
53
++
Skeins. Blue Monster Chop
Rød
+
Mienchew
.345 × 355 7/10) a 8/1 .327) a 350 7/6 a 70114
2471 5/81 260 6/01
|
"
MISCELLANEOUS EXPORTS.
Per steamer Afridi, sailed on the 29th June. For New York:-8,127 cases cassia, 247 cases Chinaware, 233 packages rattanware, 456 rolls matting, 20 packages rattanohairs, 90 packages bristles, 35 cases blackwoodware. and 1,955 packages merchandise.
Per P. & O. steamer Ceylon, sailed on the 6th July. For Buenos Aires :-625 boxes tea. For Manchester:-100 bales waste silk. For London :-842 packages tes from Amoy, 60 bales waste silk, 6 bales pierced cocoons, 19 bales caues, 102 bales and 10 cases feathers, 2 cases baskets, 18 cases blackwoodware, 29 cases curios and effects, 4 cases sundries, 320 rolls matting, and 13,924 boxes tea (292549 lbs.). For Gibraltar:-1 case curios. For Malta:-4 cases curios. For Basle :--160 bales pierced cocoons.
July. For New York:-3,900 packages cassis, Per steamer St. Ninian, sailed on the 8th
2,150 packages merchandise, 900 rolls matting, 44 bales canes, 27 cases blackwoodware, 6 cases human hair, and 1 case sandalwoodware.
Per P. & O. steamer Verona, sailed on the 9th July. For London :-30 bales raw silk. 2 cases silk piece goods, 10 cases vermilion, 1 case Chinaware, and 1 case sundries. For Manchester:-126 bales waste silk. For Gib- raltar:-1 case curios. For France :----727 bales raw silk, 100 bales waste silk, 4 cases silk piece goods, and I bale pierced cocoous.
Per steamer Priam, sailed on the 12th July. For London:-1,943 boxes tea (100,380 lbs.), and 1,572 packages tea from Amoy, 60 cases essential oil, 15 cases bristles, 34 cases blackwoodware, 102 cases Chinaware, 11 cases "bambooware, 7 crates rattan ware, 159 rolls matting, 714 packages shells, 13 packages effects, and 4 packages sundries. For London and/or Man- chester:-166 bales waste silk. For London
and/or Antwerp:-60 bales feathers. For Man- chester-2 cases effects, and 1 package sundries. For Glasgow:-6 cases effects, 5 cases black- woodware, 5 cases curios, 4 cases ginger, and I package sundries. For Antwerp:-100 bales
For Havré:-50 cases shells. Hamburg-7 cases shells. For Amsterdam :- 8 cases blackwoodware. For Beyrouth :—25
feathers.
cases cassia,
OPIUM.
For
HONGKONG, 22nd July.-Bengal-The market has continued active and prices have been on the rise throughout the interval. Quotations close at $726) for New Patna, $763 for Old Patna, $705 for New Benares, and $725 for Old Benares.
#J
Bird Yungling
475
10 81
10
Mountain ILI.
472
10 8
་!
4
460
10.41
Blue Eagle...
4421
9 11
Silver Double Elephant
4371
9 10
Blue
425
9.71
Gold Kiling
435
9 10
Chay Kiling
4124
94
Blac Phoenix Lanfang
427
9/8
427
9,8
411
9 31
417
05
4.50
10 2
MM
430
98
Tong pan
430
9 8
360
8 21
3271 76
Fancho Blue Phoenix 1 Yellow Silk.---
355 8/1
Meeyang
Fooyung MMM
Kopan, common (old cargo)
Hand Filature.—
Pegasus Chop 1, 2 & 3
avg. price 555
12751
JAPAN TO EUROPE.
1898-99 bales.
7,985
1897-98 bales. 6,539
3.160
4,011
206
11,390
10,550
TO AMERICA.
1898-99
1807-08
bales.
bales.
424
1,076
Old Patna.
382
369
New Benares
Old Benares.
80G
1,415
Malwa
Persian
EXPORT OF SILK FROM CHINA AND
Shanghai Canton Yokohama...
6,754 2,671 EXPORT OF SILK FROM CHINA AND JAPAN
Malwa. There has been very little demand for this drug during the past weak, and rates have declined in consequence. Closing figures are as under :-
"
"}
婆革
15
"
Old (2/5 yrs.) $750 with all'nce, of 0 to 2 cta.
(6/7 $810
of 0 to 2 (8/10 ) $830
of 0 to 1 Persian.-A fair amount of business has been transacted in this drug, superior kinds having been in good request. Prices ars unchanged, Oily closing at $490 to $630, an Paper-wrapped at $550 to $700 according to quality.
'l'o-day's stocks are estimated as under:----- New Patna.
829 chosts
230
200
1:0
350 19
360 11
5,234
733
Total... 20,746 21,810 28,242 18,398
Shangbai Canton
EXPORT OF TEA FROM CHINA TO UNITED KINGDOM AND CONTINENT.
1898-99
lbs.
Hankow and Shanghai... 6,284,310
Foochow
Amoy.
Canton..
4,251,546 44,957 1,512,205
1897.98 18. 7,978,216 4,781,743 37,683 1,946,005
CAMPHOR.
HONGKONG, 22nd July.—The market is agnin weak and prices declining. Quotations for Formosa are $41.50. to $42.00. Sales, 250 picule.
COURSE OF THE Hongkong Opium Market.
PATNA
BENARES.
MALWA.
DATE.
12,093,018 14,743,647
EXPORT OF TEA FROM CHINA TO UNITED STATES AND CANADA.
SUGAR.
New. Old. Now. Old New.
Old.
do.
"
Shanghai....
Amoy ...................................................
1,782,100
•
HONGKONG, 22nd July.-The market has improved and prices are advancing. Quota- July 16 tions are :-
July 17 1898-99 1897-98. Sbekloong, No. 1. White...$7.35 to 7.40 per pel. | July 18
lbs.
lbs.
2, White... 7.15 to 7.20 2,981,683 3,122,314 Shekloong, No. 1, Browu... 4.85 to
3,075,428 do.
2, Brown... 4.75 to 4.80 swalow, No. 1, White... 7.25 to 4,718,783 6,197,742 dio.
2, White... 7.05 to
1898.
8
8
720
$ $ 757} 700 730
720 7571 700
730 7221 760 8982 725
*
4.90
11
July 19 July 20 July 21
7232 760
7011 725
720
760
735 7011
7261 765
705
7271
750/810/830
17
7.30
July 22
7281 765
705
725
"
7.10
95
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