288
COMMERCIAL.
TEA.
THE HONGKONG WEEKLY PRESS AND
RICE. HONGKONG, 10th October. having come forward the prices EXPORT OF TEA FROM CHINA TO UNITED | going upward.
Saigon, Ordinary
KINGDOM AND CONTINENT.
Foochow Canton
1901-2 118. 7,630,097
1900-1
lbs. 7,982,085
7,636,607 7,982,085
EXPORT OF TEA FROM CHINA TO
Amoy and Formosa.... Foochow
UNITED STATES AND CANADA.
1901-02 1900-01
5,669,791 798,129
5,669,791 798,129
EXPORT OF TEA FROM JAPAN TO UNITED STATES AND CANADA.
Yokohama
Kabe
Hiogo
1900-1
lbs. 16,318,773
16,318,773
SILK.
1899-00
lbs. 18,816,024
18,816,024
12
**
Round, Good quality Long
Siam, Field mill cleaned, No. 2
*
Garden, White
Fine Cargo
No. I
OPIUM.
Large demands are consequently
$4.00 to 3.65
|
4.40 to 445 4.50 to 4.55: 3.90 to 3.95
4.10 to 4.15 4.50 to 4.55
4.80 to 4,85
|
HONGKONG, 10th October:-M-dwa,—A good | euquiry existed during the early part of the fort
night and a fair amount of business was done at a rise of $10 per picul; latterly, owing to advices of a shipment from Bombay, dealers stopped, buying. Market closes dull and we quote New at 89.0 and old at $1,000 1,020,
|
CANTON, 25th September: Re-recls. Shortly after that date a very active demand set in for Europe and our market rendered extremely sensitive by the reduced 5th crop and the abnormal scarcity of stock, began at once to advance rapidly. The movement was further accentuated by prospective shortage in the 6th crop which, unless the drought is very shortly broken up, will in all probability suffer a reduc- tion of at least 50 per cent. Buyers however where n t to be denied and followed the upward curse of the market, many holders then with drawing altogether and refusing to name a price, Subjoined quotations are only approximate, the market being to excited for accurate valuations. Filatures.-Prices generally show an advance of $70 100 p. pel, the rise being especially marked on fine sizes. In these, Kwong Yuen On and Wing Wo Lun 911 have been sold at $1,000, (Frs. 4000) and $1.10 are report das since offered without fn-ling sellers. Bids of $970 (Frs. 39. 0) are also refused for Kwong Shun Cheong 113 nl Peiter Ordre 10.12. As ne go to press we hear of ale to-day in On Wo Hing, Na Chan 10/12 at 975 ant King Lun Tai 12 at $9:00 Best 30. Ordre 1; 13, 13 15 have buyers at (8.0 (Frs 33 00) and busines Will prol ably result, although holders actual y ask $40.10/13 is very firmly he d for $900 (Frs.36.25) Short reels-American buyers promptly re pond- ed to the movement paying up to $960 for Extra 14 16. On the present basis the production of Short reels shows con iderably more advantage to reelers than that of fine-ized European reels, and the supply of the latter is still further restrict- ed in consequence. Waste-The already inflated prices of this clas have hardened still more in sympathy with the Row silk market, and wo hear of no fresh transactions of any importance.
EXPORT OF SILK FROM CHINA AND JAPAN TO EUROPE.
1900-1901
bales.
Shanghai... Yokohama
1899-00 bales.
27,013
31,419
27,013
31,449
EXPORT OF SILK FROM CHINA AND JAPAN
Shanghai
Yokohama
TO AMERICA.
1900-1901
bales.
1899-00
bales.
4 1,396
41,396
25,148
35,148
CAMPHOR.
HONGKONG, 10th October. – No arrivals,
SUGAR.
HONGKONO, 10th October.
The prices are
advancing, market heing brisk. Shekloong, No. 1, White......$8.10 to $8.15 pel.
do.
2, White...... 6.73 to 6.80 Shekloong, No. 1, Brown
do. Swatow,
Swatow, No. 1, White...
5,05 to 6.19
11
2, Brown No. 1, White.
5.85 to 5,90
8,60 to 8.05
do.
1, Brown
*
do.
*
2, Brown
Foochow Sugar Candy
"}
6.65 to 670 5.80 to 5.85 5.65 to 5.70 ..12.05 to 12.10 9.55 to 9.60
#
++
"J
*
JJ
Shekloong
Bengal Market remained very firm and active owing to the firmness in Shanghai and Calentta and also on account of the large interest dealers had. The bargains held by the Chinese to-day stand at 1,700 chests and con eques, they have now every reason to keep up the strength of the ¦ market. We close New Patna at 922), Now Benares at $9271⁄2 and old Patiri at $9:4 At the highest rates however only a small sale was made
so far
Persian.—Continued active
Superior drug hanged hands at $700 per picul. Other quanti- ties have been taken up at various rates from $580 to $640 per picul.
Stock on date:-
Patna Benares
2,0-14 693
Malwa Persian 4661 1,608
COALS.
to short
Hosakosa, 10th October. - Owing stocks of Japanese, market continues firm. Prices have slightly improved.
Cardiff.. ..$18.00 ex ship
Australian $10.00 to $11.00 nominal
Yubari Lump ...$12.00 to 12.50 ex godown
nominal
Miiki Lump. $10.00 ex ship, nominal Moji Lump $6.00 to $9.50 ex ship, steady Hongay double Į
10.50 ex godown
screened Hongay Lump........ Hongay Dust Briquettes
1
8,50 ex ship
+
6.00
.16.00 I
COTTON.
[October 11, 1902
Exchange on India has continued to recede and closes to-day at Rs. 126 for T/T and $126) for Post. On Shanghai 74 and on Yokohama 2 14 per cent. promium. The undernoted business in im- ported and local spinnings is reported from Shang- hai during the fornight ended 28th ultimo, viz:— Indian:-Total sales 8,532 bales, comprising 25 bale: No. 68., 4,148 balas No. 10a, 1,409 ̊balea No, 12s., 1,548 bales No. 168., and 1,502 bales No. 2Cs., prices remaining with little alteration as those last given and market clo-ing steady. Estimated unsold stock 38,400 hales.
Japanese-Have been in limited enquiry, sales amounting only to about 1,000 balo at steady prices, say Tis. 86 to 90} for No. 163. and Tls, 00 to 911 for No. 28, maak et closing weak.
Local:-There has been some enquiry and about 6,000 bales are expected to have changed hands at or about previous rates; market tending downwards.
MISCELLANEOUS IMPORTS.
reported during the week are the following:
HONGKONG, 10th October.—Amongst the sales
per baie Bombay-Nos. 10 to 20s......$83.00 to $124.00 English-Nos. 16 to 24,.
"
22 to 24,. 28 to 32.. 38 to 42,
COTTON PIECE GOODS-
Grey Shirtings-6 lbs.
7 lbs.
114.00 to 120.00 .120.00 to 128.00 136.00 to 142.00 .155.00 to
170.00
per piece. 2.20 to 2.30 2.30 to 2.50 8.4 lbs....... 3.10 to 3.77) 9 to 10 lbs. 3.85 to 5.00 White Shirtings-54 to 56 rd. 2.60 to 2.90 58 to 60 3.25 to 3.45 64 to 66 3.55 to 5.35 Fine.
5.40 to 7.85 Book-folds 4.55 to 7.00
**
Victoria Lawns-12 yards...... 0.75 to 1.40 T-Cloths-6lbs. (32 in.), Ord'y. 1.90 to 2.15
ribs. (32,,
).
2.20 to 2,50 6lbs. (32,, ), Mexs. 2.25 to 2.40 7lbs. (32,, ).
**
8 to 8.4 oz., (36 in.) 3.20
3.95 to 3.50
to 3.75
nominal
Drills, English-10 yds., 13} {
FANCY COTTONS-
4.20 tó
6.90
to 14 lbs.
Turkey Red Shirtings-1) to
1.00
to
4.50
8 lbs
Brocades-Dyed
to
-
DAMASKS-
Chintzes-Assorted
Velvets-Black, 22 in.
0.23
HONGKONG 10th October.-No sales reported. Market very quict. Stock, about 2,000 hales. Bombay,
21.00) to 22.50 picul,
Bengal (New), Rangoon,
and Dacca, Shanghai and Japanese, Tungchow and Ningpo,
YARN.
22.00 to 24.30
25.0) to 26.50 ...25.00 to 26.50
77
15
Mr. P. Eduljee says in his Report, dated Hong- kong 10th October:-Owing to continued absence of rain in the interior, demand from the country still holds off, there being no inquiry whatever except for the small wants of the city. The settlements noted below were effected during the first two or three days of the interval and the market looked on the eve of improvement. when the appearance of a large native operator with instructions to force sales discouraged dealers and business has since come to a complete stand- stil. At the close the market continues quiet but steady, as considering th recent decline in exchange, and reports of a revival in the de and and continued advance in Shanghai, importers how little or no inclination to realize, and prefer to wait further developments.
With incessant large arrivals. our stocks, under ordinary circumstances. would have shown a very havy increase, but shanghai is steadily working off our unsaleabl goods and some relief is anticipated from smaller shipments from Boubay.
Local Manufacture:-Show the continuance of a minimum of demand and a decline of $2 in price. Japanese Spinnings :--Tonquin demand has tempor rily subsid-d. Sales reported are som· 225 bales, say Blue Fish No. 168. at $112, and
ettsu No. 20s. at $1.23.
Raw Cotton: -An entirely blank fortnight has been experienced in Indian descriptions, which are still very low and the market lifeles. The s'um in yarn, the unsettl d and disturbed con- dition of the country and unsympathetic markets in Japan u e the d p. ssing influences. Estimat. d un old stock about 2250 fals. Chinese cotton has participated in th depress.on. on'y about 10 bale changing hands at from $26) to $26, prices showing a decline of fully $2. Stock about 350 bales. Quotations are Bengal $21 to $26 and China $26 to $28.
per yard 0.48 to 0.25 to 0.60 0.23 to 0.28 per dozen Tandkerchiefs-Imitation Silk 0,25 to 3.50
Velveteens-18 in.
WOOLLENS
• per yard Spanish Stripes-Sundry chops. 0.65 to 2.25 Habit, Med., and Broad Cloths 1.25 to 3.00
per piece Long Ells-Scarlet, 7-10 lbs. 0.85 to 8.25
Assorted
Camlets-Assorted Lastings-30 yds., 31 inches
Assorted
Orleans-Plain
Blankets 8 to 12 lbs.
Fine quality,
MTEALS-
Iron-Nail Rod
7.00 to 9.40 .15.50 to 34.00
Square, Flat Round Bar(Eng. 4.60 Swedish Bar
to
12.50 to 17.00
..10.00
per pair
... 0.60
to 0.80
1.40
to 2.00
per picul
4.60
to
to
4.65 to
Small Round Rod Hoop to 11/2 in..
5.00 to
6.50 to
Wire, 10/25,
9.20
to
Old Wire Rope
3.00
to
Lead, L. B. & Co. and Hole Chop 7.00
Australian
to
7.90
to
Yellow M'tal-Muntz 14 20 oz.39.00
to
Vivian's 14/20 oz.39.00
to
Elliot's 14/20 oz.39.00 to
.01.00 to
.39.00 to
Composition Nails.. Japan Copper, Slabs.. Tin....
Tin-Plates
Steel to SUNDRIES-
Quicksilver
Window Glass
Kerosene Oli..........
77.50 to
hox. per 9.25 to
per cwt. cA30
6.50 to
per picul
.180.00
5.75
per box,
to
per 10-gal. case
to
2.60
to
L
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