The-Hong-Kong-Weekly-Press-1898-10-01 — Page 17

Hongkong Weekly Press AND China Overland Trade Report All

14

October 1, 1898.]

According to a Wuchang despatch, H.E. Chang Chih-tung intends very soon to build an Observatory in connection with one of his new Colleges of Western Learning in that city, and a very large-sized and powerful telescope is to be ordered from abroad for it.-N. C. Daily News.

91

A ramarkable prospectus of a proposed native Fire Insurance Company has been published at Canton. It is addressed “To the Red Cross Society, Europe," and commences with the re- mark that "according to the history of the world human being had been ignoraut and bar. - barous before they were civilized and gentle." After a lot of almost unintelligible jargon, in which is quoted the opinion of "some ones to the affect that the proposed association cau effect a subsidence of wars in the world," we come to a proposal for the establishment of a Mutual Fi Insurance Association.

The pro- spectus has been submitted to the Nam Hoi Magistrate for his approval, and it is not sur prising to learn that he has found many articles impracticable and has returned the same with certain modifications for the committee's far. ther consideration.

CHINA OVERLAND TRADE REPORT.

277

Total settlements from opening of the market | teresting to note that the export of Steam Filatures to date:-

Pingsucy Moyuna

1898-99.

Settlemen's. Stock,

-chts.

-chte. 19,667

31,829

to same date last year was some 1,800 bales more ; the export to date to America this year shows & decrease of about 1,200 bales, and to the Contius ent about 600 bales. The Export of Steam Fila- tur 8 to duty is: 955 bales to the Continent, 573 bales to America, and 43 bales to England. Wild Silke. Quiet, with small daily transactions. Waste Silks. Little doing, a few settlements have been made in Curlies on the basis of Tis. 434 for 60 per e nt. No. I, 30 per cent No. II, IJ per cent. No. III Cargo.

Prices calculated by Maerten's Tables at 11 per cent. Exchange 2/8}; Freight T1-, 7.80 per bale.

23,710

34,855

Tienkai Fyellow.. Lo:al packed

27,563

9.241

12 897

Total......108,265

3,195

34,991

1897-18.

-chts.

56,072

Settlements. Stork. -chts. 25,743

Tsatlees.

43,429

41867

11,058

14, 13

13,979

451

Total....

172,480

37.825

Pingan y Moyune... Tienkai..... Fychow...... Local packed

EXPORT OF TEA FROM CHINA TO UNITED KINGDOM AND CONTINENT.

1807-08

Red Pagoda 3 Bird Chunling Bird Yungling Bird Seeling Mountain 3

"

Gold Lion

4

Binc Phanix

Tis. Stlg. per pel, per lb. 507 11:10)

425

11:71

475

11/2

445

10 11

492)

11.7

477) 11/21

465 10/1

470 11:

Silver Double Elephant

457 10 9-

455 108

4321 10.2

4531 10/8

450

10 7

430

10:1

39

9 31

3521

8.41

855

8 5

Gold Kiling

Chay Kiling

Yacou ay Seling

Hemtah Stork hayling

Taysaam.-9 by 2 Moss, Double Butterfly 3

Blne Monster

Yellow Silk. -Mienehew |

警车

Steam Filature.-First Choice,

275 a 287; 6 7} a 6/10}

270 a 275 6 6 a 8/71

217 5,4

.785 × 800 15 10} a 16 2}

570 13

40 a 180 3/6) a 45}

1899-9.1

Hankow and Shanghai... 9 277.051 Foochow

11 8. 10,703,236 9,998, 94

Skeins.

Fooyung 3

Amoy... Canton

435 964 2,998,927

Wongelow

Szecloug

Hand Filature. - Red Eagle 1

23,916,721′| Wild Silk.-Tussalı Raw

EXPORT OF SILK FROM CHINA AND

JAPAN TO EUROPE,

1898-90 1897.98.

lbs.

lbs. 7,486 001 10,348,10

Shanghai

5,409,716

8,692,844

Cauton

Yokohama..

4,236,327

3,629.530

17,132,017 24,869,876

1898-99

1807-98

biles.

bales.

23.670

25 489

10,317

9,134

5,639

2,044

39,70

38,667

COMMERCIAL.

TEA.

SHANGHAI. 24th September.-(From Me-sr-* Welch, Lewis & Co.'s Circular)-Our last 'printed" Tea market advices were under date 12th instant. From Hankow We hear that the third crop had already reached 80,00 half- chists, against totals of 61,000 half-chests and 15500 half-chests for the two previous seasons. The Russian demand showed signs of slackening. but the unsold stock was small. Black Tea.— There is nothing new to report in this markt. Teamen are not forcing their holdings, and only a small business has been done at about former rates.

Settlements reported are :—

1,341 1-chts. at Tls. 161 to 22

Ningchow

Keemun.

Holow

225 462

JE

201

161

11

*

Kutoan

171

19

"

19

Wenchow

192

15

17

J}

EXPORT

9,756,643- 332.6 2,423,739

21,790,319

OF TEA FROM CHINA TO UNITED STATES AND CANADA.

Shanghai.. Amoy Foochow

EXPORT OF TEA FROM CHINA TO ODESSA 1897-98

169.

1898-99

The.

Shanghai und Hankow... 22,676,902

EXPORT OF SILK FROM CHINA AND JAPAN

TO AMERICA.

1898-99

1997-98

14,375,000 | shurai

bales

bales.

1.938

3,328

Cant .... Yokohania

4,083

4.540

4,580

3,285

1897-08

10,601

11,153

EXPORT OF TEA FROM JAPAN TO UNITED STATES AND CANADA.

2,394 1-chests.

|

Yokohama Kobe

1898-09 1!62.

18.221.575

6,923,619

lbs. 18,418,967 9,682,782

25,145,194 28,131,749

SILK.

CA TON, 19th September.-R · reels-No Inse iness bas tran pired during the fortnight under review. Teatres. There was a little demand for London, but prices offer-d being generally too low, we do not think any business has been done in these sorts, Crops.--As was the case with the previous crops, the ath crop has also been overestimated and it will probably not excred 8,000 bales. Filatures--Have remained almost neglected. Dealers are not under immediate pressure to sell, most of the good filatures being engaged for the next 4-6 weeks. Short-re·ls.——— For America have attracted but little attention. the New York market being well supplied. Waste.-Quiet, with moderate transactions.

Stock, 6,532 -chests. Green Tea.-Pingsuey.-A small business is reported, the settlements bing chi fly lines on the same basis of prices as those rep ried by last mail. A couple of chops have been shipped on native acc unt. Country Teas.-- Seem to have found bottom for the present and more general though cautious buying hus been the feature of the past fortnight. Prices have been fairly steady and Teamen had shown less anxiety to quit, in fact some owners of finest Teas, being dissatisfied with present rates, are witholding their chops from the market. Tien- kais and Moyuues have received about equal attention. Fychows and Local Packs have been neglected. Arrivals to date are within a few thousand half-el-ests of those to same date last year, but there is not the same incentive this season to bring every possible leaf to market, and supplies are expected to show a decrease as the senson advances.. Imperials promise to be very short this season, the leaf having been put into SHANGHAI, 24th September.—(From Messrs. A. the Hysons. Owing to Russian demand carly in R. Burkill & Son«' Circular).— Home markets are the

season nearly all the Sow-mee (Young firm, and quotations for Blue Elephants from Hysons) have been taken out of the Moyune Londos and for Gold Kilings from Lyons are chops, and large stocks of these have ac. 10/6 an 27 Fes. respectively. Raw Silk-In cumulated in the hands of Teamen lysons.- spite of the very general idea that business would The Saratto is now loading for Ode-sa and not be possible unless holders of Tsatlees made Batom and will take a con-iderable quantity. | concession to meet buyers' ideas, a good deal has

Choicest" Teas are in small compass and com- tuand full ates. In the grades be'ow' there is a decided decline; Teas for which Tls, 33/34 were declined are now offering at Tls. 28/29 a picul. Stocks are large.

A fire at the China Merchants' S. N. Co.'s Wharf on 17th instant destroyed:

12.728 boxes Pingsuey Green Tea.

1,300 half-c ̊ est-, Wenchow

હા

Fychow

Settlements reported are :-

-chts. 2,452 at 113. 21 to 47 a picul. .11,975

19 to 414 9.145

is to 3% 1,291 678

1

Pingsuey

Moyune

"

Tienkai

"+

Fychow

17 to 19

2

"9

Local packed..............`

"

16 to 17

27

25,544 1-chts.

been done and at full rates as well. baying commenced early in the week, and total settle- ments of Taatlees must be fully 700/500 bales. The buying, however, has not been general. Holders are firm, and as stocks here are so light we may expect a firma to strong market for some time; the high Tael rates obtainable here have not brought down as much silk as was expected, and in spite of a crop larger than last year, we may have au export less than the previous season, as more silk than anticipated will go into native consumption. Yellow Silks.—About 100 tales have changed bauds, market quiet. Arrivals, as per Customs Returus, September 17th to 23r. are: 1.005 bales White, 450 bales Yellow, and 122 bales Wild Silks Re-rcels and Filatures.-The market for Hand Fiatures is very quiet, only one or two transactions having taken place. In Steam Filature business is on a very small scale. It is in-

CAMPHOR.

HONGKONG, 30th September.—The weakness in this market continues and prics are declining Quotations for Formosa are $12.50 to $12.75 Sales, 270 picul.

S GAR. HONGKONG, 30th Septe ab .-The market continues active and a further advance in rates

"

"

has to be reported. Quotations aro :— Shekloong, No. 1. Whoto...$7.57 16.-7.60 ; or pol.

du.

2. White... 7.36 to 7.40 Shekloong, No. 1. Brown... 5.00 to 5.05

dr.

2, Brown... 1,90 to 4.94 Swatos,

No. 1, White... 7.45 to 7.50 do.

11

14

1. White... 7 25 to 7.30

1, Brown... 483 to 4:00

Sratow,

do.

2. Brown... 480 to 4,85 Foochow Sugar Can ly ......11 50 to 11.5 k Stekloong

11.00 16 14.05

JI

MISCELLANEOUS EXPORTS. Per steamer Aztec, sailed on the 12th Sept. For San Francisco:-1,014 packages tea. For Chicago :-500 packages tea from Amoy, and 10,111 packages from Foochow. For San Fran. cisco:-17 cases silk goods. For Acajutla :- 1 case silk goods. For Champeriro:-1 case silk goods. For Peneta Arenas:-2 cases silk goods. For Panama: - 4 cases silk goods. For Guayaquil:-3 cases silk goods. For White- hall-50 bales waste silk. For New York :- 150 bales waste silk, and 120 bales raw silk.

Per steamer Liv, sailed on the 13th Sept. For New York:-1,697 bales hemp, 1,546 packages merchandise, 450 rolls matting, 59- cases Chinaware, 14 cases blackwoodware, 25 cases paper, 50 cases bristles, 20 cases human hair, 1 case iron ware, and 2 cases essential oil.

Per steamer Dardanus, sailed on the 19th September. For London:-6,229 boxes tea, 160 packages tea, 2 packages, 635 -chests, and 460 boxes tea from Amoy, 70 cases essential oil, 21 cases cigars, 19 cases blackwoodware, 5 cases

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