It is reported from Foochow that the mint in that city has hitherto only produced subsidi- ary silver coins, but that, as the demand for the silver dollar is at presentvery great, Viceroy He Yinghuei has ordered that arrangements be made to cast dollars also.
We und ratand that the local branch of the Bank of China and Japan is under orders from the i ireolors to be closed on the 31st instant. The Shangbai and Singapore Banks olosed on the 31st December, so that on the 31st instant- the Bank ecases and liquidates voluntarily.
The Japanese battleship Mikasa, which was launched at the works of Messis. Vickers, Sons, and Maxim at Barrow-in-Furness just over a year ago, and should now be on her way to Japan. in ontward appearance very much resembles the most modern vessels of her class in the British Navy, but she is 20) tons heavier in displacement than the battleship of the London type. The secondary armament of 6 in. guns with which the Mikasa is provided, instead of being mounted in separate cascmates, is disposed as cllows:- Ten of these guns are enclosed in a central battery casemated on the main deck of the vessel, a 2 in. armoured steel screen being fitted between and behind these guns, this screen serving the purpose of divid- ing the whole battery into so many contiguous casemates. There are also four other 6 in. guns, which are mounted one at each corner of the superstructure of the vessel. At present no modern British battleship has an armoured central battery for the accommodation of her secondary armament, such as that provided in the Mikasa, but a similar arrar gement has teen decided upon. for the three new battleships of the King Edward VII. class, about to be laid down. Till they are turned out the Mikasa will be alont the finest type of battle ship afloat. She is the last of the six first-class battleships ordered by Japan in Great Britain under the postibelli in programme, and wi h her delivery
he scheme is 1ractically complete.
COMMERCIAL.
SILK.
CANTON, 4th January: - Re-reels.-No, business is reported in this class of Silk. Filatures. — Business having been interrupted by the holidays, te market Las ruled very quiet during the fort night under review, only 500 bales having changed hands. Prices have strengthened on the whole line under the influence of the paucity of ready stock. Moreover, a good part of the dealers have soll ahead their whole production of the next f ur to six weeks. Tais accounts for high prices sk.d, and partially cbtained by the few holders of ready 5th and 6th crop cargo. Short-reels. Are very quiet, only few parcels Waste. The high prices asked being on offer. by speculative holders have checked business during the first part of the fortnight. But lately, slight concessions being obtainable, some transac tions took place in unopened Steam Waste. The prices of open Waste are still relatively high owing to the scarcity of native labour.
CAMPHOR.
HONGKONG, 17th January.-No arrivals.
SUGAR.
HONGKONG, 17th January. The weakness continues, and the prices are further declining. Quotations are :-
37
""
Shekloong, No. 1, White...... $8.50 to $8.55 pel.
do.
2, White...... 7.55 to 7.60 5.95 5.90 to Shekloong, No. 1, Brown
2, Brown 5.75 to 5.85
8.88 to 8.82 · 7.40 to 7.45
do.
Swatow, No. 1, White.. 1, White.. No. 1, Brown
do. Swatow,
33
33
do.
2, Erown Foochow Sugar Candy.
5.80 to 5.85 5.65 to 5.70 ....12.10 to 12.55 .10.5 to 10.30
13
JJ
J
RICE.
|
|
THE HONGKONG WEEKLY PRESS AND
OPIUM.
HONGKONG, 17th January.-Malwa,- Small gales were offected --New at 100/10, Old at $920/30.
Bengal. A quiet market prevailed and rules have further dropped. New Patna $910 and New Benares $9074. A few chests of Old Patna changed hands at $920.
Persian. Best drug is quoted at §620.
STOCK.
Patna. Bennres Malwa Persian
COTTON.
HONGKONG, 17th January. $1 to $1, market closes steady. bales.
Bombay,
Bengal (New), Rangoon, ?
and Dacca, Shanghai and Japanese, Tungehow and Ningpo, Sale: 200 bales.
YARN.
A
3,169 363
402 3,483)
With a drop of Stock, about 2,000
21.00 to 22.00 piculs
22.00 to 22.50
29.00 to 29.50 JJ ..29.00 to 29.50
JJ
Mr. F'. Eduljce says in his Report, dated Hong- Business has continued kong, 17th January satisfactory throughout the past fortnight, and settlements, both for prompt and future delivery, have been on a comparatively larger scale. Prices of Tens have barely maintained their position, but for the higher counts a further advanco of 50 cents to a dollar and a half per bale has been established.
At the close there is further enquiry for good to best spinnings, but shortness of supplies is affecting business. The off-takes have again overtaken the supplies, our stocks showing another beavy decrease. The market closes stron and tending upwards.
The Local Manufacture is now beginning to advance with rapid strides, and over two thousand bales have been contracted for more or less long deliveries on the basis of previous sales, ray (91 to $91 for No. 10s., and 191 to $943 for No. 123.
Japanese Yarn continues quiet and nothing doing.
rs
law Cotton-Business in Indian descripti ns has been very quiet during the interval: : havo given way from $4 to $14 per pi..... pressure of hasty sales. Among exporters the enquiry was of a trivial chameter, while the local markets have unexpectedly become dull and sluggish, ani with the quieter feeling sellers are considerably easier in their rates and more disposed to meet any deurand. Sales reported are 1,000 bales Pengil at from 820 to $22}, leav- ing a steek of about 3,000 bales on the market. There has been nothing doing in hina Cottop. Quotations are $18 to $ 3 Indian and $29 to $30 for China.
-
Exchange on ludia bas again receded and closes weak to-day at Rs. 137 for TT and Rs. 1371 for Post. On Shanghai 731 and on Yokohama 101 per cont, discount.
The undernoted business in imported and local Spinnings, during the week ending 7th instant, is reported from Shanghai, viz. :—
Indian-Total sales 6, 75 bales, comprising 30 bales of No. 68., 985 bales of No. 10s., 250 bales No. 128., 1,750 bales No. 168., and 3,160 bales No, 20s., prices showing an advance of half to one Tael and market closing strong. The unsold stock was estimated at 30,000 bales.
Japanese:-A fair demand continued at rtendy prices and sales of about 700 bales are reported Bay Tls. 844 to 87 for No. 16s., and Tls. 85 to 87 for No. 20s.
Local:-A moderate enquiry had been experi- enced and sales of about 2,500 bales are reported on the basis of Ts. 781 for No. 10s., Tls. 801 for No 12s., Tls. 82 to 83 for No. 148., and Tls. 8+j to 85 for 168., market closing firm.
[January 18, 1902.
MISCELLANEOUS IMPORTS. HONGKONG, 17th January.-Amongst the sales. reported during the week are the following: -
YARN AND PIECE Goods.-Bombay Yarn: 50 bales No. 6 at $77, 1,700 bales No. 10 at $86 to $91.50, 1,200 bales No. 12 at 291 to $95.50, 850 bales No. 16 at 890 to $107, 1,350 bales No. 20 at $101.50 to $115. Gray Shirtings: 1,800 pieces 8 lbs. 3 Dogs at $3.771, 000 pieces 8 lbs. Blue Joss (1) at $3.55. White Shirtings: 500 picces Blue Ship at $5, 10 pieces Blue Ship at $5.05, 500 pieces Blue Ship at $5.05, T- Cloth: 1,125 pieces 7 lbs. Horse Mane at $2.26, 600 pieces 8 lbs. 1'. U. at $3.55, 875 pieces 7 lbs. Shoemaker at $2.80.
METAL-Steel Rod: 2,000 bundles at $4.85 to arrivo. Round, Square, and Flat Iron: 1,680 piculs at $4.25. Square, Round, Rod Iron: 2,000 bundles at $4.60 to arrive.
Bombay-Nos. 10 to 208.... English-Nos. 16 to 24,..
22 to 24,. 28 to 32, 38 to 42,.
per bale
.$77.00 to $119.00 114.00 to 120.00 .120.00 to 128.00
.136.00 to 142.00
.155.00 to 170.00
per piece.
"
"
13
COTTON PIECE GOODS-
Grey Shirtings-6 lbs.
2.10
to 2.20
7 lbs.
2.25 to 2.50
8.4 lbs.
2.00
to 3.55
9 to 10 lbs.
8.70
to 4.60
to 2.70
8.15 68 to 60 64 to 66 4.50 Fine........ 5.25 Book-folds 4.25
to 4.10
by
to 4.90
39
to 7.30
to 0.25
White Shirtinga-54 to 50 rd. 2.40
Victorin Lawns--12 yards...... 0.73 T-Cloths-6lbs. (32 in.), Ord'y. 1.70 2.00 7lbs. (32,, ), 6lbs. (32,, ), Mexs. 1.95 7lbs. (32
13
33
to 1.25 to 1.95
to 2.30
to 2,15
2.80 to 3.30
8 to 8.4 oz., (36 in.) 3.00 Drille, English-40yds., 18 to 4.00
FANCY COTTONS—
Turkey Red Shirtings-1) to
Brocades-Dyed..
DAMASKS-
Handkerchiefs-Imitation Silk
WOOLLENS———
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 3.55
to 6.75
1.50
to 5.00
8 lbs i
to
per yard
Chintzes-Assorted
to
Velvets Black, 22 in. Velveteens--18 in.
0.22
to 0.50
0.21
to 0.28
per dozen
to
per yard
to 1.70 to 3.00 per piece 0.35 to 8.10 6.45 to 8.20
.12.00
11.00
to 30.75
to 17.00
to
per pair
to 4.00
per pical
Iron-Nail Rod
4.25
to
Square, FlatRoundBar(Eng. 4.30 Swedish Bar Sinall Round Rod
to
6.40
to
P
4.75
to
Hoop to 11/2 in.
5.25 to
Wire 15/25
8.75 to
Old Wire Rope
2.50 to
Pig Non...
.35.50
to 26.50
Lend, L. B. & Co. and Hole Chop 7.80 7.50 Australian Yellow M'tal-Muntz 14/20 oz.39.50 Vivian's 14/20 oz. 39.00 Elliot's 14/20 oz. 39.00 Composition Nails... Japan Copper, Slabs.......... Tin....
to
to
to
to
to
.62.00 to
Blankets-8 to 12 lbs. ......... 2.50
METALS-
Shekloong
"
HONGKONG, 17th January-The position of when last the market is nearly the same as reported. Quotations aro :----
Saigon, Ordinary.
Round, Good quality
COALS.
HONGKONG, 17th January.- Only small business in Japanese is reported at old prices.
Cardiff......$18.50 to 19.00, ship, nominal Australian $11.00 nominal
Yubari Lump ...$12.00 to 12.50 ex godown,
nominal
Miiki Lump..............$ ́0.00 ex ship, nominal
$7.00 to $9.50 ex ship, quiet Hongay double
screened
$2.65 to 2.70
3.42 to 2.88
Moji Lnunp.
Long
4.00 to 4.05
Siam, Field-mill cleaned, No. 2
2.90 to 2.95
Garden,
No. 1
3.33 to 3.37
カリ
تو
*
White....
Fine Cargo
3.85 to 3.90 .................................. 4,15 to 4.20
t
10.50 ex godown
Hongay Lump...... 8.50 ex ship Hongay Dust" Briquettes
6.00
22
.16.00
"
Tin-Plates
Steel + to # SUNDRIES-
Quicksilver
Window Glass
nominal
Kerosene Oil......
.41.50 to
07.50
to
per box. 7.00
to
www
per ewt. case
5.80 to
per picul
.167.00 to
per box. 6.30
to
per 10-gal. case
2.27 to
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