The-Hong-Kong-Weekly-Press-1902-01-04 — Page 18

Hongkong Weekly Press AND China Overland Trade Report All

14

H.M.S. Pique came in from Mirs Bay on the

20th ult.

The French cruiser Chasseloup Laubat arrived on the 29th ult. from Nagasaki.

On the 31st ult H.M. cruiser Aurora left for Taipo. The German gunboat Iltis arrived from Canton.

H. Msurveying ship Waterwitch returned rom her cruise on the 1st inst. H. M. S. Endymion went out for practice on the 2nd.

The change of colour which some of the British men-of-war in the Harbour have been undergoing of late has caused no little comment in the Colony. It appears that Admiral Sir Cyprian Bridge has received a commission to make extensive experiments as to the most suitable external paint for war vessels.

The statement of stamp revenue for the months of November 1900 and 1901 shows a decrease in the latter month of $3,803.99. The item Conveyance or Assignment fell by no less than $5,254, while Adhesive Stamps declined by $1.114.38. The principal increases were exhibited by Bill of Exchange and Promisory Note, $1,125.73, and Probate or Letters of Administration, $1,009.63.

H.M.S. Amphitrite, which arrived in the barbour on Thursday morning to join the China Squadron, is a first class cruiser, built at Barrow in 1898 at a cost of £546,227. Her principal figures are:- -displacement, 11000 tons; i.h.p. 18,000 (Belleville boilers); armour, gun-position 3-6 in (Harveyed steel), deck, 4in; armament, sixteen.6-in. Q.F., fourteen 12 pr., eleven smaller Q.F., and machine guns, and three torpedo-tubes (two submarine); speed 20.75 knots; complement 677 men.

On New Year's Day the funeral took place to Happy Valley of Drummer Russell, R.W.F., who committed suicide, by shooting himself in the head with a cartine. Russell was ont of his mind when he took his life, and it is believed that this was brought on by bad news regarding his family which he had received from home The coffin was Lorne on a gun-carriage. As the cortege entered the cemetery the band played the "Dead March" in Saul and the soldiers sang the words. Captain Rotherham conducted the funeral service. Russell was very popular among his comrades in the Corps, and much sympathy is felt by them for the amily of the deceased.

COMMERCIAL.

SILK.

A

CANTON, 21st December:-Re-reels.-In sym- pathy with the better tone of the market, prices for this class of Silk have slightly hardened, say, to $605 for No. 1. Business is very limited in this production (60 bales for the fortnight under review.)

activity Filatures. The increased reported in our last has been maintained during the first part of the fortnight, and over 2,000 bales have changed hands. The eager demand for all grades and sizes could be only partially satisfied, owing to the scarcity of ready stock. good many forward. contracts have consequently been placed at considerably higher prices, and most reelers are now engaged up to China New Year. Latterly, business has been checked by further advance, but the market closes very firmi. Short-reels-Have been dealt in to a fair extent, and a larger business would have been done but for the paucity of stock. Purchases amount to Prices have about 500 bales, in all grades. strengthened and rule very firm. Waste. After a considerable period of dulness, there has been on active revival of demand for Europe and most ready holdings have been cleared off the market. The movement has awakened native speculation, and active buying in the interior has now forced prices up to a prohibitive level.

CAMPHOR.

HONGKONG, 3rd January.-No arrivals.

SUGAR. HONGKONG,rd January.—The prices continue declining, market being weak. Quotations are:—

$8.55 to $8.60 pel. Shekloong, No. 1, White.

do.

2, White.. 7.55 to 7.60 Shekloong, No. 1, Brown 5.85 to 5.9)

da.

2, Brown 5.70 to 5.75 No. 1, White.. Swatow,

8.45 to 8.50

do.

31

Swatow,

do.

1, White.. No. 1, Brown

33

2, Brown

Foochow Sugar Candy......

Shekloong

13

7.45 to 7.50

5.70 to 5.75

5.55 to 5.60

.12.55 to 12,60

.........10.35 to 10.40.

"

THE HONGKONG WEEKLY PRESS AND

|

RICE. HONGKONG, 3rd January.- The upward tendency continues, holders being firm. Quotations are:- Saigon, Ordinary..

"

Round, Good quality Long

2

Siam, Field mill cleaned, No.

No. 1

Garden,

White..

*

Fine Cargo

"

OPIUM.

$2.60 to 2.65 ....... 3.75 to 3.80 3.95 to 4.00 2.75 to 2.80 ...... 3.35 to 3.40 3.85 to 3.90 4.15 to 4.20

HONGKONG, 3rd January-Malwa. The market opened New at 1920:30, Ól. $940.

Bengal. The dullness which prevailed during the fortnight was broken only once, when a fair amount of business transpired in New Patna at $920/921). A few chests of New Benares were taken up at $915/912) and Old Patna at $925. We close with a very quiet market and prices tending downward,

Persian.--There is no material change, best is quoted at $640.

Patna

Benares Malwa Persian

STOCK.

COTTON,

2,887

709

436

3,452}

HONGKONG, 3rd January.-A fair business at almost last rates. Stock, about 2,000 bales.

Bombay,

21.00 to 22.50 piculs Bengal (New), Rangoon, 22.00 to 24.00

and Dacca,

Shanghai and Japanese, Tungchow and Ningpo, Sale: 900 bales.

"

COALS.

[January 4, 1902.

HONGKONG, 3rd January.-Cardiff & Australian: No sales reported, market quiet. Japanese: General small contracts for 1902 have been made, quantity 29000 to 25000 tons are reported, prices for ordinary and cheap kinds are easier, while the best kinds continue firm

Cardiff......$19.00 to 20.00, weak, ex ship, nominal Australian $21.00 to 12.50 ex godown, nominal Yubari Lump ...$12.00 to 12.50 ex godown,

nominal

Miiki Lump......$10.00 ex ship, nominal Moji Lump 87.00 to $9.50 ex ship, quiet

Hongay double

screened Hongay Lump... Hongay Dust Briquettes

10.50 ex godown

8.50 ex ship

6.00

وو

.16.00 "

MISCELLANEOUS IMPORTS.

nominal

HONGKONG, 3rd January.-Amongst the sales reported during the week are the following:-

Bombay-Nos, 10 to 20s.....

per bale

$75.00 to $117.00

114.00 to 120.00

120.00 to 128.00

English-Nos. 16 to 24,.

22 to 24,.

....136.00 to 142.00

155.00 to 170.00

per piece.

33

28 to 32,

J

38 to 42,

33

COTTON PIECE GOODS-

Grey Shirtings—6 lbs.

2.10

to 2.20

7 lbs.

2.30 to 2.50

8.4 lbs.

2.80

to 3.50 -

29.00 to 30.00 13 ...29.00 to 30.00

9 to 10 lbs.

3.60

to 4.55

White Shirtings-54 to 56 rd. 2.35

to 2.60

68 to 60

3.05

to 4.00

23

64 to 66

4.10

to 5.75

Fine...

5.20

to 7.30

Book-folds 4.20

to 6.25

6lbs. (32 in.), Ord❜y. 1.60 7lbs. (32,, ), 6lbs. (32,, ), Mexs. 1.85 7lbs. (32,, ), 8 to 8.4 oz., (36 in.) 2.85 Drills, English-40yds., 13 to?

4.00 14 lbs.

Victoria Lawns---12 yards...... 0.73 T-Cloths

to 1.20

to -1.80

1.90

to 2.20

2.75

""

to 2.05. to 3.25 to 3.40

to 6.75

2

YARN.

Mr. P. Eduljee says in his Report, dated Hong- There has been some little kong, 3rd January: movement in the market and a further impro- vement of half to one Dollar per bale has been 'established in favourite desired spinnings. Holders are firm, and supported by telegraphic advices from Bombay are not inclined to yield to the rep:esentations made by dealers of a weak and declining market in the interior. Favour- able offers from Shanghai, assisted by the current steady rate of exchange, have led to considerable purchases both from first and second hands and the stream of shipments is again being dive""; northwards, thus relieving our stocks of a... quantity of unsaleable goods. are in short supply and one or two fav urite chops would be taken at an advance on ruling quotations, medium and common threads form the bulk of present stock and prices are more or less irregular. The market closes quiet but steady with an improved prospect,

FANCY COTTONS—

Turkey Red Shirtings-1 to 8 lbs Brocades--Dyed

AMASKS- Best spinnings

Local manufacture:-The local Mill is working full time, there being a good and sustained inquiry for its production, and sales of about

1,500 bales No. 10s, and 600 bales No. 12s., March delivery, at $12 and $94 respectively have transpired.

Japanese Yarn continues quiet and nothing doing, and there is no apparent relief at hand

Raw Cotton-Indian descriptions are steady in sympathy with the continued firmness on the other side. Buying during the interval has been equally divided between Japau exporters and local and country markets, the local mill being entire- ly out of the running, Sales reported are 1,550 bales good to superfine Bengals at from $22) to $24, leaving an unsold stock of about 1,300 bales. There is nothing doing in China Cotton, the market being bare of stock, Quotations are at $19 to $24 India and $28 to $30 China.

Exchange has continued steady with little or no fluctuations, and closes to-day at Rs. 139 for TT and Rs. 139] for Post. On Shanghai 73 and on Yokohama 94 per cent. premium.

The undernoted business in imported and local spinnings is reported from Shanghai during the fortnight ending 30th ultimo, viz: -

Indian :--Total sales 10,000 bales, composing 55 bales No. 6s., 5,350 bales No. 108., 500 bales No. 12s., 1,395 bales No. 168., and 2,700 bales No. 20s., prices showing an advance of One to Two Taels and market closing firm and tending upwards. The unsold stock was estimated at about 40,000 bales.

Japanese :-Total sales 10,000 bales mostly for forward delivery at Tls. 87 to 89 for 6-208., and Tls. 861 to 88 for No. 16s., prices showing an improvement of 14 to 2 Taels and market closing strong.

Local: - Total sales about 12,000 bales chiefly for delivery after China New Year, on the basis of Tis. 76 to 78 for No. 10s., Tis. 801 to 81 for No. 128., Tls. 82} to 85 for No. 148., and Tls. 84 to 87 for No. 168.. prices having advanced to2} Taels and market closing firm.

Chintzes-Assorted Velvets-Black, 22 in. Velveteens-18 in.

Handkerchiefs-Imitation Silk

WOOLLENS—

1.50

to 5.00

to

per yard

to

0.22

to 0.50

0.21

to 0.26.

per dozen

-

to

per yard

to 1.70

Spanish Stripes-Sundry chops.0.62 Habit, Med., and Broad Cloths 1.25

Long Ells-Scarlet, 7-10 lbs.

Assorted.. Camlets-Assorted. Lastings-30 yds., 31 inches Assorted Orleans-Plain

to 8.00

per piece 6.35 to 8.10 6.45 to 8.20 .12.00 to 30.75

11.00

to 17.00

to

per pair

Blankets-8 to 12 lbs.

2.50

to 4.00

METALS

per picul 4.35 to

to

Iron-Nail Rod

Square, FlatRound Bar(Eng. 4.25

0.75 to Swedish Bar

4.75 to Small Round Rod Hoop to 11/2 int Wire 15/25

Old Wire Rope Pig Non.......

5.50

to

8.75

to

2.50 to

.35.50

to 36.50

to

to

to

to

to

63.00

to

42.00 to

Lead, L. B. & Co. and Hole Chop 7.75 7.60 Australian Yellow M'tal-Muntz 14;20 oz.40.00 Vivian's 14/20 oz. 40.00 Elliot's 14/20 oz. 39.50 Composition Nails..... Japan Copper, Slabs..

Tin.

Tin-Plates

Steel to SUNDRIES-

Quicksilver

Window Glass

.69.25 to

Kerosene Oil...................................................

7.00

per box.

to

per cwt. case 5.50

to

per picul .168.00 to

per box.

6.30 to per 10-gal. case

2.27

to

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