990
EXPORT OF SILK FROM CHINA AND
THE HONGKONG WEEKLY PRESS AND
l'o-day's stocks are estimated as follows:-- New Patna
649 chests.
456
840
1,060
"
COURSE OF THE MONGKONG OPIUM MARKET.
JAPAN TO EUROPE.
1899-1900:
1898-9
Old Patna
bales.
bales.
New Benares...............
Shanghai
45,597
81,498
Malwa.....
Canton
16,788
15,615
Yokohama
.................................................... 11,788.
8,441
77,123
55,449
PATNA.
BENARES.
KALWA.
DATE.
New. Old. New. Old. Now,
Old.
TO AMERICA.
1899.
1899-1900
1898-9
Oct. 28 980
905
870
bales.
bales.
Oct. 29 980
905
870
5,793
2,744
Oct. 80
930
900
870
5,333
5,949
Oot. 81
980
900
870
6,931
Nov. 1
925
895
870
24,685
15.624
Nov. 2 926 Nov. 8 920
895
670
890
870
EXPORT OF SILK FROM CHINA AND JAPAN
Shanghai Canton
Yokohama..................................................... 13,559
CAMPHOR.
HONGTONG, 3rd November. The market re- mains much the same as last reported. Quota tions for Formosa are $72.50 to $72.60 sales 800 piculs.
SUGAR,
HONGKONG, 3rd November.-The weakness continues and prices show a further decline. Quotations are:
J
Shekloong, No. 1, White...$8.61 to $8.68
do.
2, White... 7.88 to 7.92 Shekloong, No. 1, Brown,.. 5.76 to 5.79
do.
2, Brown... 5.60 to 5.62 Swatow, No. 1, White... 8 55 to
do.
1, White... 8.$5 to Swatow, No. 1, Brown... 5.65 to 5.70
do.
2. Brown... 5.55 to 6.58 -Foochow Sugar Candy......12,50 to 12.65
ghekloong
.......11.65 to 11.70-
pol.
"
pcl.
$3
8.80
#1
8.88
#1
"
*
RICE.
870/880/890
HONGKONG, 3rd November. The decline in prices continues, the market being weak. Quota
tions are:-
Saigon, Ordinary
Round, Good quality
" Long ....
*
Siam, Field, will cleaned, No. 2
"
No. 1
Garden,
"
White
"
21
Fine Cargo.....
-$2.65 to 2.70 2.95 to 8.00 3.85 to 8.40 8.05 to 3.10 3.45 to 9.45 3.80 to 3.85 4.10 to 4.15
$4.50. T. Cloths:-1,200 pieces 8 lbs. Cat $3.30, 300 pieces 8 lbs. VV at $3.15. White Irishes-500 pieces fold No. 1 at $5.17, 500 pieces No. 2 at $4.871.
MISCELLANEOUS IMPORTS. HONGKONG, 3rd November,-Among the sales reported during the week are the following:
YARN
AND PIECE Goods:-Bombay Yarn:- 50 bales No. 8 at $77, 1,050, bales No. 10 at $78 to $92, 550 bales No. 12 at $79 to $88.50, 500 bales No. 18 at $91 to $102, 1,150 bales No. 20 at $96 to $103. Grey Shirtings.600 pieces 83 lbs. Blue Seals at $3.274, 500 pieces 10 lbs. Blue 6 Men at $4.221, 1,000 pieces 10 lbs. Blae 5 Men at $4.20, 1,200 pieces 8 lbs. Blue Joss at $3.30. White Shirtings:-1,000 pieces 8. M. at $4.50, MISCELLANEOUS EXPORTS.
500 pieces 8. O. at $4.50, 500 pieces Gold goose at Per steamer Calchas, sailed on the 20th $4.70, 500 pieces Flower Chop $3.35, 500 pieces Oct. For London:-2,718 boxes tea (57,078 lbs. N 600 $4.771, 600 pieces 8 Q $4.75, 500 pieces Gold goose $4.724, 500 pieces Gold goose at $4.70, Bo., 7,825 boxes tea 164,325 lbs. Sc. caper, 1189, partionlars unknown, and 750 boxes.1,000 pieces S. M. at $4.50, 500 pieces 8. O. at mats. particulars unknown), 225 casks and 4,614 cases preserves, 50 cases palm leaf fans, 160 cases pearl shells, 60 cases essential il, 4 cases cigars, 141 cases indigo, 32 cases blackwoodware. 5 cases Chinaware, 1 0880 carthenware, 7 cases and 100 bales feathers. 175 bales waste silk, 1,222 bales hemp, 75 bales canes, and 27 packages sundries. For Liverpool :---3,000 bales hemp and 1 case black- woodware. For Glasgow -100 casks wet gin- ger, 100 cases dry ginger, 1 case china, and 1 case cloth. For Manchester :-556 bales waste silk. For London option Manchester:-200 bales wate silk. For London option Ham- burg-100 casks ginger. For London option Antwerp option Hamburg-67 boxes bristles. For Amsterdam :-105 boxes ginger. For Ham- burg: 200 cases selected cassia. 100 cases broken cassia, 51 cases palm leaf fans, 50 cases staraniseed, 2 cases bristles, 134 cases galangal,
and 66 cases canes.
Per P & O steamer Parramatta, sailed on the 28th October. For London-17 cases cigars and 15 cases M. O. P. shells from Manila. For Hamburg and/or Antwerp-30 bales bristles, 100 bales waste silk, 92 bales raw silk, 2 cases silks, 3 cases cigars, and 1 box ladies cloak. For Marseilles:-332 bales raw silk and 4 cases silks. For Lyons-618 bales raw ilk and 1 case silks. For Milan :-5 cases raw silk.
OPIUM.
HONGKONG, 3rd November.-Bengal.-There has been very little demand for this drug during the past week and rates have declined in core quence. Quotations close at $920 for New Patna and $890 for New Benares.
MalwaThe market has ruled dull and tran- sactions have been few, Latest figures are as follows:- New
$870 with all'er, of -to calty. Old (2 yrs) $870
to
$890
#
Persian.-Oily drug, none in stock, while Paper wrapped somewhat im roved in value. wrapped according to quality,
METALS.-Quicksilver.-200 flasks at $178 to arrive, 300 flasks at $180 to arrive, 200 flaska at $175, 300 flasks at $176. Iron:--1,260 piculs square, round, and flat bars at $610 to arrive, 1,000 bundle sward round rods at $610 to arrive.
SHANGHAI 28th October.-(From Messrs. Noël Murray & Co.'s Piece Goods Trade Report Piece Goods.-It is really beginning to look as though business had finished for the Season, from the apathetic manner of the dealers at present. The past week has certainly broken the record for the smallness of the transactions that have taken place, at this time of the year, either from stock
November 4, 1899,
River Ports generally at present, and the Beechnen men continue to hold off. The British Admiral on this station is at present visiting the upper reaches of the Yangtze, and it is therefore hoped that before long we shall hear of one of the new River gunboats attempting the rench Chungking. The Yarn market is at a standstill, holders of all Spinnings asking higher prices, which the dealers here are not inclined to pay. The Bombay mer- ket is said to be four or five taels over the present rates here. A paper published in Osaka annonn- oes that a telegram had been received by the Ja- pan Canton Spinner's Association there to the effect that the Spinning Companies at Bombay have adopted a resolution that from the 1st of November to 1st March next the Mills shall work only four days a week. The Local Mills have again abstained from selling, but native Cotton is lower without inducing business.
METALS 30th October.-(From Messrs. Alex. Bielfeld & Co.'s Report)-Metals have been the subject of considerable activity, and prices of tranenotions closed and quoted show a very de- cided upward tendency, though they are still be low rates at which large orders can be taken for home landa, The following transactions have been reported, but we hear of others having been done, though unable to give particulars this mail:-1,500 cases Bamboo Steel 14s. 8d., c. i. f. ; 100 tons Goffin Nailrods 190a, c. i. f. ; 100 tons Goffin Nailrods Tls. 4.85: 50 tons Glasgow Horse- shoes 110s, fid., c. i f.; 50 tons Boiler Plate 107s. 6d. c. i. f. ; 40 cases Yellow Metal Sheathing, 14/16 £68 c. i. f.; 100 cases Galvanised Sheet Iron, 28 guage, 217/10, c. i. f.; and 500 cases Wire Nails ils. 10d. c. i. f. At Auction:-80 tons Cable Wire Tla 3.26.
JOINT STOCK SHARES. HONGKONG, 3rd November.-Another very quiet week, but rates in some stocks. show an improvement.
BANKS.-Hongkong and Shanghais have had a boom and have been negotiated at from 330 to 338 in small and at 340 in fair lots and a small sale was effected at 342. Market closes quieter at 340 per cent. prem. Nationals have changed hands at $27 and close at $28.
MARINE INSURANCES.—Unions have found buyers in small lots at $242. China Traders, Cantons, Straits, and the Northern Insurances neglected and without business.
FIRE INSURANCES. Hongkongs remain steady at $330, and Chinas at $86 to $87, the latter with a small business.
SHIPPING.-Hongkong, Canton and Macaos have ruled very quiet with small sales at $281, Indo- and close with buyers at that rate. Chinas remain steady at $79 with little or no business to report. Douglases continue on offer at $47) without bringing buyers into the market. China Manilas and China Mutuals unchanged and without business.
REFINERIES-China Sugars are obtainable at $130 without inducing business. Luzons unchanged.
$101
or forward, the monotony being only after small sales at $91, $91, and $9.75.90
relieved by the fairly good clearances of former purchases, though these are showing signs of falling off. The dearness of money continues to
As
Char-
MINING. Punjoms have improved bonnages are still enquired for at $260, and shares have been placed at that rate. Olivers have changed hands at $94 and $7 for A. and B. respectively after sales at lower rates. Jelebus fell to $13.75 over settlements but have since recovered to $14.75. Raubs continue very steady, but without business at $644. Queen Mines have changed hands at quotation and close with sellers.
DOCKS, WHARves, and GodoWNS.-Hong- kong and Whampoa Docks have improved to 525 per cent. prem. with small sales, but close with sellers at that rate. Kowloon Wharves continue neglected with sellers and no sales at 889. Wanchais unchanged and without business.
harass the trade and is accountable to some extent for the dulness of the market, at the same time the dealers are no doubt well supplied with goods that they had bought to arrive at quite reasonable prices, compared to what is required now for fresh business. A few Importers are in the enviable position of holding cheaply bought cargo and are biding their time until prices get more on a par with those ruling at home. yet the country has had very little necessity to feel the rise that has taken place at the producing centres, but the supply of low cost goods must be soon running out, and then will be the time to see the effect on consumers, The general imp- ression is that the deman I will be much curtailed, but it is difficult to see what is to take the place of Cotton goods for clothing, as the values of Silk, and Skins have likewise advanced very appreciably. The only market that has shown any life is Chefoo, which, however, is only a small cousum r at the best of times, but there is cor-out business. tainly an improved enquiry from thence, for American goods more particularly. The drought is still the excuse for the quietness of the Tientsin buyers, though it is said the stocks there are running down, but still they refrain from buying. Newchwang is expected to be closed in about three weeks and is still much troubled with the plague, which has apparently had the effect of curtailing the steamer traffic with that port,
LANDS, HOTELS, and Building8,-Hong- kong Lands show a further improvement to $110 after sales at $106, $107, and $108, market closing firm at $110. Hotels continue neglected West with sellers at $115 and no buyers. Points and Humphreys remain quiet and with-
COTTONS.-Hongkongs have changed hands at quotation. The rates for the Northern Milla are, in the absence of local business, taken from the latest Shanghai circulars.-
MISCELLANEOUS.—Green Islands have been e at $16.40 without placed at $284 and $281, closing at latter rate,
obtainable Watsons are
finding buyers. Ices have changed hands at
·Current" quotations $650 to 1820 for Paper somewhat to the inconvenience of the trade. $125, Star Ferries at $19, and China Providents
at $91.
There is very little enquiry from Hankow or the
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