90
The staff of the chief of the German Expedi tionary Corps to China is now dissolved.
Marquis Ito has embarked on board the N. D. L. steamer Kiautschon at Naples for Japan.
Lieutenant Madus, attached to the Tientsin Provisional Government, was shot by brig ands at Chunliangcheng on the 22nd ult. His con- dition is serious.
The action of the Russian authorities in laying a telegraph line across the Corean frontier is being commented upon by some The report, papers, says the Nagasaki Pr. 88. is, however, unconfirmed by the official sources. Japan and Russia hare a convention between them, binding each other not to erect telegraph lines in Corea without informing each other of the act and getting consent thereto. On the other hand, the Corean authorities are at perfect liberty to deal independently of either party, whether or not to grant the necessary concession for erecting telegraphs since she is not trammelled by the compact. At the same time, it is stipulated between Japan and Corea that, in case the latter allows any foreign Power to erect telegraphs in Corea, the former shall have first consideration. Thus Japan is understood to have the right of priority in this matter.
The Selangor Government Gazette contains extracts from the 1902 Budget. It is estimated that the revenue, estimated at $6,076,495 last year, will increase by about half a million dollars during the current year. The outlay is set at $6,759 59', against $6,235,894, the estimate for 1901. For the electric lighting of Kuala Lumpur $250,000 are put down, the the total cost being set at nearly $587,600. The P.W.D. is down to spend something like a million and a half dollars, but, according to the Malay Mail, it simply cannot do it; it has neither the staff nor the labour. Railway constuction calls for $713, 86. In Kuala Lumpur, apart from the electric light scheme, the two largest votes are (a) extension of water supply $80,00, and (b) new museum $60,000. À quarantine station for passengers at Port Swettenham is to cost $10,800, and filling in swamps at this port is to take another $10,000.
of
At St. Michael's Church, Chester Square, London, on the 21st December, the marriage took place of the Earl of Donoughmore, of Knock- lofty, and Kilmainham Castle, Clonmel, Ireland, and Miss Elena M. Grace, daughter of Mr. M. P. Grace, one time Mayor of New York, and Mrs. Grace, of 40, Belgrave-square, S.W.. and Porters, Shenley, Herts. Mr. Grace gave his daughter away. The Ladies Evelyn and Norah Hely-Hutchinson (sisters the bridegroom), the Misses Margarita and Gladys Grace (sisters of the bride), and Miss Juanita Eyre (cousin of the bride), were bridesmaids, and the Earl of Malmesbury acted as best man. The wedding was kept as quiet as possible owing to mourning, and after the ceremony Mrs. Grace held a reception at 40, Belgrave-square, S. W., among the guests invited being Ella Countess of Donoughmore, Lady Blake, Sir Charles and Lady Jessel, Sir Alfred and Lady Dent, and Lord Aldenham. Early in the afternoon the Earl and Countess of Donoughmore departed for their honeymoon, which will be spent abroad. In the Earl of Donoughmore will be recognised the former Lord Suirdale, the popular A.D.C. of H. E. the Governor here.
COMMERCIAL.
SILK.
CANTON, 18th January:-Re-reels.-No. transac- Filatures. Notwithstand- tions are reported. ing the absence of encouragement from European markets, a fair business has been done during the fortnight under review, the total settlements amounting to 700,800 bales. Prices have advanced further and are held very firm by the few willing sellers of 5th and 6th crop Silk, Short-reels.-- Are very quiet, only about 100 bales having changed hands Curing the fortnight. Waste. There has been a little more demand from European buyers duing the last few days, leading to some transactions in unopened Steam Waste. As the visible stocks are small and well held, prices are very firm and likely to remain so for some time to come.
THE HONGKONG, WEEKLY PRESS AND
CAMPHOR.
HONGKONG, 31st January.-No arrivals,
SUGAR.
HONGKONG, 31st January.-The holders are to clear all their stores before the arrival of China New Year and the prices are consequently declin- ing. Quotations are:- Shekloong, No. 1, White...... $8.48 to $8.52 pel.
do.
2. White...... 7.50 to 5.95 to
Shekloong, No. 1, Brown
11
7.55
2
6.00
11
2, Brown
5.85 to
5.00
No. 1, White...
8.35 to
8.40
7.35 to
7.40
"
5.00 to
5.95
33
5.75 to
5.80
"
..12.50 to 12.55 ......10.20 to 10.25
22
'do. Swatow, do.
1, White. Swatow, No. 1, Brown
do.
2, Brown Foochow Sugar Candy Shekloong
25
RICE. HONGKONG, 31st January. Large demands having come forward, the prices are advancing. Quotations are : — Saigon, Ordinary..
19
Round, Good quality Long Siam, Field mill cleaned, No. 2
31
35
Garden, White.
Fine Cargo
33
[February 1, 1902.
Exchange on India has fluctuated slightly and closes to-day at Rs. 1384 for T/T and Rs. 137 for Post. On Shanghai 72) and on Yokohama 10) per cent, premium.
Advices from Shanghai to the 27th instant report the undernoted business in imported and local spinning during the three weeks ended the 5th idem, viz.—
Indian:-Total sales 6,060 bales, comprising 10 bales No. 68., 1,870 bales No. 108., 736 bales No. 128., 912 bales No. 16s, and 2,532 bales No. 208., prices remaining with little alterations as those last given and market closing quiet but steady. The unsold stock in first hands was estimated at $2,000 bales, whilst the Chinese dealers held 25,0 0 bales uncleared.
Japanese: -Total sales about 3,000 bales at a slight concession of half a Tael on previous quota- tions, say 'Ils. 88 to 88 for No. 16s., and Tis. 88 to 89 for No. 168., market closing weak for spot cargo but steady for forward delivery.
Local:- Market firm, spinners unwilling to sell at ruling quotations, though resales at easier rates amongst natives are reported. Total sales about $2.70 to 2.75 | 2,00 bales at Tls. 77 to 78 for No. 10s. Tis. 77 to 3.85 to 3.90 80 for No. 128., Tls. 81 to 83 for No. 14s, and Tls. 4.05 to 4.10 | 84 to 85 for No. 168.
2.90 to 2.95
No. 1
3.30 to 3.35
OPIUM.
3.85 to 3.90 4.15 to 4.20
HONGKONG, 31st January.-Malwa.-A. few chests have been placed during the interval- New at $900/910, Old at $920/940.
Bengal. Our market remained in a very slack state and prices have further receded. We close New Patna at $902), New Benares at $900.-
Persian. Some business was done in best drug at £61 0 per picul.
Patna
Benares
Malwa
Persian
STOCK.
COTTON.
3,250 545
3351 3,324)
HONGKONG, 31st January.--Only best parcels were taken up at a reduction of $1 Stock, about 4,000 bales.
21.00 to 21.50 piculs 21.50 to 22.50
Bombay,
Bengal (New), Rangoon,
and Dacca,
29.00 to 29.50
**
Shanghai and Japanese, Tungchow and Ningpo, ...29.00 to 29.50 Sale: 700 bales.
YARN.
MISCELLANEOUS IMPORTS. HONGKONG, 31st January.-Amongst the sales reported during the week are the following:
YARN AND PIECE GOODS.-Bombay Yarn: 200 bales No. 6 at $79 to $80, 50 bales No. 8 at $84, 1,500 bales No. 10 at $85 to $95, 850 bales No. 12 at $91.50 to $95.50, 200 bales No. 16 at $101.50 to $107.50, 1,300 bales No. 20 at $105.50 to $114. White Shirtings: 250 pieces X 6 at $4.65, 250 pieces Fox and Goat at $5.80. Drill: 450 |ieces 16 lbs. Large Eagle at $6.60.
METAL-Quicksilver: 550 flasks at $168,50 to arrive, 50 flasks at $168. Iron Wire Nails : 1,500 casks at $5.30 to arrive. Square and Round Rod- Iron: 1,000 bundles at $480.
Bombay-Nos. 10 to 20s.. English-Nos. 16 to 24,.
وو
per bale
.877.00 to $119.00 .114.00 to 120.00 .120.00 to 128.00
Victoria Lawns-12 yards...... 0.73 T-Cloths-6lbs. (32 in.), Ord❜y. 1.70
22 to 24,. 28 to 32, 38 to 42, COTTON PIECE GOODS-
Grey Shirtings—6 lbs.
136.00 to 142.00 .155.00 to 170.00
per piece.
2.10
to 2.20
7 lbs.
2.25
to 2,50
8.4 lbs.
2.90
to 3.55
9 to 10 lbs.
3.70
to 4.60
"
White Shirtings-54 to 56 rd. 2.40
to 2.70
58 to 60 3.15 64 to 66 Fine...
to 4.10
"
4.20
to 4.90.
5.25
to 7.30
Book-folds 4.25
to 6.35
to 1.25
to 1,95
2.00
to 2.30
to 2.15
2.80
to 3.30
to 3.55
to 6.75
1.50*
to 4.65
to
per yard
to
to 0.15
to
0.45
2.50
t'ettlements
Mr. P. Eduljee says in his Report, dated Hong- kong, 31st January :- The steady buying during the interval includes a fair proportion of the higher counts for Shanghai and Tonquin, but the bulk of operations have been effected for the local and neighbouring markets. aggregate nearly 8,000 bales, prices showing a further appreciation of half to one dollar per bale, and the aspect of the market at the close points to a maintainance of the advance. The enquiry is purely speculative, as at the moment there is nothing doing in the country, but dealers anticipate a brisk winter trade on resumption of business after the yearly settlements of accounts, and are laying in stock to meet the expected | demand. The last few days, buying has ceased owing to the near approach of China New Year (8th February) and the business of this native year may be considered to have almost come to an end pending the revival for clearance after the holidays.
Local Manufacture:-Sales of about 500 bales No. 10s, and 12s, of the Hongkong 8. W. & Dyeing Mill are reported at $92 and $95 respectively, prices showing an advance of half dollar per bale. Japanese yarn:-Business continues im- practicable at the current unfavourable exchange, thus "giving greater impetus to Bombay No. 188. and 208.
Raw Catton:-The market has been somewhat featureless, but considering the season a fair business has been put through. Exporters are somewhat in evidence, having shipped off about 2,000 bales to Japan, but no rates would appear to induce Japan spinners or the local Mill in the meantime. As usual the demand has run upon good to superfine machine ginned Bengals, the
common
run of stuff being totally neglected. Sals reported are some 815 bales at from $21 to $231, leaving a heavy stock of over 5,500 bales on the market. There has been nothing done in China Cotton, Quotations are $18 to $23 Indian and $28 to $30 Chinese.
"
وو
7lbs. (32 ), 6lbs. (32 ), Mexs. 1.95
"
7lbs. (32,.
),
8 to 8.4 oz., (36 in.) 3.00
Drills,English-40 yds., 134 to 4.00
14 lbs.
FANCY COTTONS———
Turkey Red Shirtings-1 to 8 lbs Brocades-Dyed ......
DAMASKS—
Chintzes-Assorted
Velvets Black, 22 in. ......... 0.08 Velveteens-1-8 in.
0.22
per dozen W Handkerchiefs-Imitation Silk 023 to
OOLLENS-
per yard Spanish Stripes-Sundry chops.0.65 to 2,00 Habit, Med., and Broad Cloths 1.25
Long Ells-Scarlet, 7-10 lbs.
Assorted.. Camlets-Assorted. Lastings-30 yds., 31 inches Assorted
Orleans-Plain
Blankets-8 to 12 lbs.
METALS
Iron-Nail Bod
to 3.00 per piece 6.50 to 8.00 8.60 to 8.20 .12.00 to 32,00
12.00 to 16.00
8.00 to 9.00 per pair
4.00 to 8.50
per picul
4.35 to
Square, Flat RoundBar(Eng. 4.30
to
Swedish Bar ............................
6.75
to
Small Round Rod
4.75
to
Old Wire Rope
2.50 to
to 36.50
Pig Non.................................................................35:50
888
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