16
It seems that a good seam of coal has been di-covered in British North Borneo a few hours steam from Tawat on the Luabon River. If this be true, it will certainly be a godsend to the country. Reports of coal are common enongh in Borneo, but this discovery bears far more of the stamp of genuineness than is usual, and further news is awaited with interest.
Discussing the conduct of the allied contin- gen's in North China in his book entitled China and the Powers, Mr. H. C. Thomson very pertinently writes:No attempt was made by the Allies to mitigate the sufferings of the homeless thousands by forming concentration camps, as has been mercifully done in South Africa. Those who were not killed were merely left to starve, or to be frozen to death. Indeed in every way the campaigu in South Africa has been in striking contrast to that in China, and shows in honest endeavour on the part of the British commanders to act up to the spirit, if not to the letter, of the Hague Convention, although the Boes were not a party to it, as the Chinese were; and it shows, also, a distinct advance upon the heretofore recognised usage of war, ... Now in China quarter was seldom given whereas in South Africa it has been accorded, many may think with a mistaken leniency, even when the Boers have deliberately adopted the British uniform. It is a bitter irony that the British troops, who have acted with a humanity and consideration seldom known in previous wars, should be held up to obloquy in the way they now are; and the irony becomes the more bitter when the terrible deeds are recalled (in which the British troops had no part) committed by the troops of those very nations who are now their most vehement; RCCUSE: 8. "Sweep the snow from your own doorstep," says a Chinese proverb, "and do not trouble yourself about the frost on your neigh- bour's tiles"**
**
COMMERCIAL.
SILK.
CANTON, 20th June-Re-reels are enquired for in certain quarters, but dealers have enough forward contracts on hand and will only engage further at very full rates. A sale of 10 bales each Nos. 1 and 2 is reported at $715. Filatures. -European buyers show little enthusiasm, and holders are ready to entertain reasonable con- cessions. Business has been done latterly on the basis of $875 for Sum Yue Lun 11/13 and $780 for Wai Ying Wo 18/22, second crop. The feature of the last week has been the dispute in regard to improved weights for 3rd class Filatures demanded by foreign firms, particulars of which Have been cabled to the Syndicate at Lyons. Pending the settlement of this question, all business in this class is suspended, and prices are reported from the country as being already considerably weaker in consequence. Short-reels rale quiet at rather lower rates. Waste.-Offers of new crop fail to attract much attention. In old season's produced, very little is now left and holders, desirous to glear, are somewhat easier. Steam Extra-Selected opened has been done at $112, and $89 is offered for Punjum Waste.
CAMPHOR.
HONGKONG, 4th July.-No arrivals.
SUGAR.
HONGKONG, 4th July:-Prices are declining, market being weak. Quotations are:- Shekloong, No. 1, White......$8.15 to $8.21 pcl.
do.
2, White...... 6:90 to 6.95" Shekloong, No. 1, Brown 5.90 to 6.95
do
2, Brown 5.75 to 5.80 Swatow, No. 1, White...... 8.05 to Swatow, No. 1, White.... 5.80 to 5.70 to
"
8.10
"
5.85
do.
1, Brown
5.75
"
59
"
2, Brown
5.65 5.80 to .12.10 to 12.15
9.70 to
"
9.75
*
do.
Foochow Sugar Candy Shekloong
RICE. HONGKONG, 4th July.-Large arrivals having come forward, the prices are going downward. Quotations are:— Saigon, Ordinary..
"
Round, Good quality Long
Slam, Field mill cleaned, No. 2 A
Garden,
"
White.........
THE HONGKONG WEEKLY PRESS AND
OPIUM.
[July 5, 1902
Local Total sales about 1,000 balos at Fla. HONGKONG, 4th July-Malwa Owing to the 701 to 81 for No. 108., Tls. 79 to 824 for No. 128., impending increase in the tax on opium in Kwan-Ts. 83 to 86 for No. 148,, T1-. 84 to 87) for No. 168., and Tis. 90 to 92) for No. 208., market clos. tung Province there was much excitement in this kind, the cargo ex. Valetta being cagerly bought ing quiet, up at the following prices :---
2 years' old
3
Older
1
at $1,010
1,020 1,040
•
Bengal.--Another fortnight of great activity has to be recorded. As yet the date on which the increased taxes on prepared opium will come into force has 1ot been definitely fixed, the. authorities in Canton are not in accord as to the most propitious day, but as it cannot, be put off much longer the announcement is expected to he made at any moment.
:
Our closing quotations are:-
Old Patna at $95 High Numbers
892 Low
11
+1
J
"
Benares New Patna
Benare
"
892} 910 $85
A small business
MISCELLANEOUS IMPORTS. HONGKONG, 4th July.-Amongst the sales re- ported during the week are the following:-
YARN AND PIEĆE GOODS. → Bombay Yarn: 100 bales No. 6 at $64.50, 50 bales No. 8 at $87.50. 1850 bales No. 10 at $93 to $101, 850 bales No. 12 at $99 to $102, 100 bales No. 16 at $111 to $113, 1800 bales No. 20 at $117 to $125. Gray Shirtings: 1200 pieces 8 lbs. Blue Fish at $3.30, 500 pieces 10 lbs. Blue 5 Men at $4,90, 500 pieces 10 lbs. Blue 5 jen at $4.90, 3,000 pieces 81 lbs. Blue Fish at $3.25. White Shirtings: 500 pieces No. 2000 Green Joss'at $3.45. T-Cloth: 600 pieces 8 lbs. CC at $3.85. Drills: 150 pieces Peacock at $4.90.
METALS.-Wire Nail: 500 casks at $10.30 to arrive. Brass Sheets (14/82) : 50 cases at $40.50 to
Persian. has not participated in the excite- ment in inported opium on account of the incre sedrive. duty, as seldom, if ever, this drug finds its way into the districts affected by it. was done in best drug at $560 580.
Stock on date :~-~-~-
Patna Benares Malwa 465 1,006
1094
COTTON.
Persian 2,312
HONGKONG, 4th July.-A fair amount of busi- ness at a slight rise. Stocks, about 7,000 hales.
Bombay,
21.00 to 23.00 piculs 22.50 to 26.50
Bengal (New), Rangoon,
and Dacca, Shanghai and Japanese, Tungchow and Ningpo, Sale: 1,000 bales.
YARN.
27.50 to 29.CO .27.50 to 29.00
21
Compar-
Mr. P. Eduljes says in his Report, dated Hong- kong, 5th July:- The attention of dealers has at last been attracted to the paucity of our present stock, and throughout the past fortnight a very brisk and extensive enquiry, both real and specii- lative, has been experienced; the majority of sales reported being in goods "to arrive" from neighbouring markets and Bombay. atively little has been done in spot goods, as the quantity on offer has been extremely limited and too low for requirements. Values have appre- ciated one to three Dollars per bale, No. 108. participating largely in the improvement. Six- teens are now in fair supply and prices obtained show an advance of one to three Dollars per bale. Of the 18,000 bales reported cold, about 7,500 Latest telegrams from Bombay report no rain bales are recent importations from Shanghai.
and make that market firmer on the basis of 5 annas for. No. 10s. and 6 for No. 20s.; we close steady.
Local Manufacture. - Have had a full share of the increased enquiry, and sales of 1,700 bales No. 10s. at from $964 to $98 and 500 bales No. 128. at $99, all forward delivery, have transpired.
Japanese.-The market in Japan has stiffened, considerably, and business has been curtailed by the high prices now demanded, and the only sales reported during the interval are some 550 bales No. 208. Miike. (3 Rings) and Fettsu (Peacock) at from $123 to $125-four to six weeks' delivery.
Raw Cotton:-The market for Indian staple during the fortnight has been somewhat featureless and although prices are comparatively much bolow yarp equivalents there is no free buying. Japan exporters have continued quite out of the market and the local mill is not in evidence. Total sales of the fortnight aggregate about 1,000|| bales good to superfine machine-ginned Bengals|| at from $23 to $241, leaving an estimated unsold stock of 7,500 hales. No-business is reported in Chinese Cotton. Quotations are Bengal $20 to $25; Dacca $22 to $26 and China $27 to $30,
Exchange on India has been very unsteady and fluctuated wildly, but closes steady to day at Rs. 1284 for T/T and Rs. 129 for Post. Onl Shanghai 74, and on Yokohama' 19 per cent! premium.
The under mentioned business in imported and local Spinnings is reported from Shangha during the week ended the 23nd ultimo, viz.:-
Bombay-Nos. 10 to 20s.... English-Nos. 18 to 24,.
22 to 24,
38 to 42,..
per bale
$86.00 to $128.00 .114.00 to 120.00 .120.00 to 128.00
to 2.25
19
容量
28 to 32,.
.136.00 to 142.00
.155.00 to 170.00
JJ
ForTON PIECE. GOODS-
Grey Shirtings-6 lbs. 7 lbs. 8.4 lbs.
per piece.
......... 2.20
2.80
to 2.50
3.10
to 3.75
9 to 10 lbs. 3.80
to 5.00
White Shirtings-54 to 50 rd. 2.55
to 2.90
58 to 60,,. 3.20
to 3.40
to 5.30
to 7.80
to 7.00
to 1.40
to 2.10
to 2.45
to 2,35
to 3.50
to 3.76
to 8.90
64 to 66 4.50
"
Fine.......... 5,35 Book-folds 4.50 Victoria Lawns-12 yards...... 0.75 T-Cloths-6lbs. (32 in.), Ord'y. 1.85 2.15 7lbs. (32,, ), 6lbs. (32,, ), Mexs. 2.20 2,95 7lbs. (32 8 to 8.4 oz., (36 in.) 3.15 Drills, English-40 yds., 13 to?
4.20 14 lbs.
FANCY COTTONS—
•
"
"1
5 lbs
Turkey Red Shirtings—1} to 1.65
Brocades-Dyed..
÷DAMASKS—
to 5.50
to
per yard.
Chintzes-Assorted Velvets-Black, 22 in. Velveteens-18 in.
0.08
to 0.20
0.28
to 0.75
0.23
to 0.80
per dozen
Handkerchiefs-Imitation Silk 0.30 to 3.00
WOOLLENS-
per yard Spanish Stripes Sundry chops.0.65 German ..... 1.25 Habit, Med., and Broad Cloths 1.25
Long Ells--Scarlet, 7-10 lbs.
Assorted..
to 2.00
to 8.00
to 3.00.'
per piece
6.50 6.60
to 8.50
to 8.65
Camlets-Assorted. Lastings-30 yds., 31 inches Assorted
12.00
to 32.00
12.00
to 18.00-
Orleans-Plain
8.00
to 9.50
per pair
Blankets-8 to 12 lbs. METALS→→
4.00
to 9.00
per picul 4,57) te
to
4.60 5.00 to
τα
5.60
to
8.50 to
2.80 to
Iron-Nail Rod
Square, FlatRoundBar(Eng. 4.55 Swedish Bar Small Round Rod Hoop to 11/2 in., \... Wire, 16/25,
Old Wire Rope thé..
Lead, L. B. & Co. and Hole Chop 8.25, to
Australian YellowM'tal-Muntz 14/20 oz.42.00°
8.25
to
to
Vivian's 14/20 oz. 42.00 Elliot's Composition Nails............ Japan Copper, Slabs.. Tin..
to
14/20 oz. 42.00
to
.61.00 to
.89.00
to
to
*
Tin-Plates
Steel Fto
Indian:- In steady enquiry at an advance of half to one Tael; total sales 4,387 bales, compris $3.10 to 3.15ing 25 bales No. fis., 2,890 bales No. 10s., 200 bale | SUNDRIES——
4.00 to 4.05 No. 128., 2003 bales No. 168., and 972 bales No 4.10 to 4.15208., market closing firm at the advance. Estima
ted unsold stock about 40,000 bales,*-* ***
Japanese :-Total sales about 500 bales on the basis of -Tls, 78 to 93 for No: 16%. and Tls. 98
No. 1 .....
840 to 3.45 3.75 to 3.80 4.25 to 4.30
Fine Cargo............. 4,35 to 4.40 to 97 for No. 208., market-closing steady.
Quicksilver
Window Glass
81.
7
box. per
to
per owt, case
.80
6.50
to
per picul ,189,00; tosi=
per box
5.75 to
per 10-gal. case
Kerosene Oli............................................................. 2.00 to
Page 20Page 21
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