280
COMMERCIAL.
THE HONGKONG WFEKLY PRESS AND
COTTON.
*
picul
HONGKONG, 22nd May Nothing doing, market very quiet. Stock, ab`nå 8,00 bales.
Bombay
2.00 to 23.00 Bengal (New), Rai g001 ) 52.00 to 24 00
and Dacca..
Shanghai and Japanese, 20.0 to 27.00 Tungchow and Ningpo, 20.00 to 27.00
YARN.
SILK. CANTO 6, 7th May Export Bereels. — Dealers still refuse to engage in New Silk beyond the contracts booked in March (some 250 Bales), and further offers are unobtainble. Filature.-Be perts of damage to the European Crp are definitely confirmed and have caused active |-Bale :-*- competition for the balance of current season's stock. This, amounting to some 3000 Bales in both reels, has been rapidly cleared off at widely divergent prices; entirely closing up the Old Mr. P. Edaljee says in his Report, dated Hong- season. The demand has extended to New sea-kong 22nd May: Towards the close of last mail, son's produce and considerable forward contracts have been placed, details of which are however dificult to determine. A very keen enquiry has ruled in 9/11, which size however is practically unobtainable in let Crop. The few parcels offer ing in this size have been readily taken up at $1,000/1,010 for Best 2nd Cla schops. San Yue, Lun Chee Chung Wo 11/18 have been contracted for at $960, Han King Sing 18/15 at 8950 and Good 2nd Class 18/22 at 852J up to $sto all 1st Crop. Subjoined quotations are for New Silk:- Further contracts in Best Be Oräre are very difficult to procure, dealers reporting 11/13 almost unobtainable out of let rop. 13/15 and 14/18 are offered at 8840 and $880 respectively, Short-reels-Advices from New York on the other hand report a dull and Bifeless market. The balance of Old season's stock, about 360 Bales, has been cleared off at $850 for Good 2nd Class 14/16, said to be for Europe Sai Shie Lun 14/16 has been contracted for in 1st Crup at $9 0. Waste Silk.-Prices of Steam are as last quoted and very firm. There is very little of Old season's 1 rodnos now left in view and the stock has been further reduced by purchases for native con umption. Contracta in New season's Waste for delivery up to September have been placed on the reported basis of $138/137 for Ext. Sel. opened. Punjom Books are offering at $185 for No. 3.
CAMPHOR.
HongKong, 22nd May.-No arrivals.
**
SUGAR
HONGKONG, 22nd May-The position of the market is nearly the same as when last reported. Shekloong, No. 1, White......$8.25 to $8.4: pel.
Do.
2, White. 7.80 to 7.05 Shekloong, No. 1, Brown ... 6.00 to 16.03 Do. ,,2, Brown... 5.80 to 5.85 Swatow, No. 1, White...... 8.20 to
*
JJ
"
"
825
12
Do.
1. White...
Do:
>>
1, Brown.
7.50 to 5.90 to
7.55
11
5.95
"
Do.
>
2, Brown
5.74 to 5.80 12.15 to 12.70
11
10.55 to 10.60
RICE.
Foochow Sugar Candy
Shekloong
HONGKONG, 22nd May.
The downward tendency continues, market being dull.
$8.00 to 8.05
Saigon, Ordinary P.....
"
Siam, Field mill cleaned, No, 2
Round, Good quality ....... Long
Garden,
White,.... Fine Cargo
31
No
4.75 to 4.80 5.05 to 5.10
410 to 4.15
4.25 to 4.30 ...........................................-5.15 to 5.20 ..5.30 to 5.35
MISCELLANEOUS EXPORTS.. Per steamer Jason sailed on 12th May. For London Tea 268 half-chests at Ca ton; parti- culars unknown. 13 cases chinaware, 20 cases bawoodware, 18 cases rattan ware, 19 cases cigars, 19 cases curios, 8,073 bales hamp, 100 bales feathers, 153 bales waste silk, 872 rolla matu, 39 packages sundries. For London option Glasgow:
-100 casks ginger,
Por steamer Bayern sailed on 8th May. Aden: cores black wood ware For Naples 25 bales rattan shaving, 2 cases bamboo fans, 1 case silk. For Genos :-326 bales raw silk, 200 bales waste silk For Antwerp --4848 bags antimony, 256 bales bamboo scraps, 213 rolls matting, 8 balen feathers, 1 case copperware, 1 case Joss sticks. For Antwerp. - and «Hamburg: -110 | cases bristles. For Antwerp, Hamburg and: London :--10 essen bristles. For Amsterdam:-138 roll; matting. For Brymen-25 rolla matting, 5 cases sundries, 4 cases paper 1 case
1 case ourion. For Hamburg
150 bales Chins root,
185 bales
20 boxea (
lacquer way
rice paper,
wood ware. För
10
London 667 zolla matting.
the heavy drop of $5 to $6 per bale had the effect of inducing a brisk and strong speculative enquiry which, despite a weak and declining exchange, was too freely met by large holders, and settlements to the extent of over 14,000 bales. both spot and to arrive, nere effe td during the first part of the interval at prices showing an app eciation of $1 to $2 per bale on last quotations. As usu 1, demand has run chiefly on No. 108, which com- prise more than half of the settlements and show the largest imporvement. The Bombay markets are reported very active with firmer prices, but importers have been guided solely by local condi- tions and having in view the present steadiness | in excha' ge are still keen sellers. Dealers, how- ever, having satisfied their requirements are by no meins inclined to follow sellers in their advance, and business at the close has been small. Receipts during the interval are moderate and include about 4,000 bales contract goods. The market again closes quiet.
Local Manufacture: -No business is reported. Japanese Yarns:-Are firmer all round owing to ingreased enquiry. Sales of the fortnight com prise about 1,300 bal No. 50 at from $127 to $182, all forward delivery.
FANCY COTTONS = {DE
[May 23, 1903.
Turkey Red Shirtings-11 to Į
Bibr.
Broondes -Dyed¡ ....................................... DAMASKS
Chintzes-Assorted
Velvets-Black, 22 in
per yard
to
0.0 to 0.60
Velveteens-18 in... ............................................ 0,20|| to 0.29
per dosen
Handkerchiefs-Imitation Silk 0,31 to 5.00
VESSELS ON THE BERTH. FOR ANTWERP,__ Peleus, - -- Malacca, Alcinoùs," Antenor, Benmohr, Kanagawa Maru.
FOR LONDON. Benmohr, Malacca, Patroclus, Peleus, Calehar, Kanagawa Maru, Bengal, Alcinous, Antenor.
FOR LIVERPOOL-Oopack, Hyson, FOR MARSEILI 18.—Alcinous, Peleus, Antenor Salaxie, Kanagawa Maru,
FOR BRIKEN.—Biden.
FOR HAVRE AND HAMBURG.—Segovia, Strauburg, Wurn'urg, Suevia, Nurnberg, Badenia.
FOR GENOA:- Hyson, Benmohr. FOR TRIESTE.-Melpomene.
FOR NEW YORK.-Charles Tiberghien, Pembroke- shirs, Nubia, Heathford, Hudson.
FOR VICTORIA, B.C.-Victoria, Telemachus, Aki Maru.
FOR VANCOUVER.—Empress of China, Athenian
SHARE REPORTS.
Honorowo. 22nd May, 1903. Basicces generally continues dull, and our market closes for the week without any feature of specia' in. teret to report.
BANKS. Hougkong and hanghais bave again changed hands in small lots at $670. Lon- for at $26. dou is unaltered at £63. Nationals are enquired
MARINE INSUR NCES.—
Unions have de-
Raw Cotton:-The market continues in the have been no orders from the country for Indian same dull lethargic state as last advised. There
descriptions, the local mill is not buying, and exporters with a view to ase stocks have been ship-clined to $55 Ballers China Traders have ping off about 1,500 bales to Kobe. Unsold stock been booked at $60 and continue in request is estimated at 4,500 bales chiefly Bengal kinds North Chinas have improved in the North to There is again nothing doing in China kinds. Tls. 210 buyers. Yanglazes can be placed in Stock 500 bales (small). We quote Bengal $20 small lots at $130, and Cantons at the improved to $231 and China $25 t› $27.
rate of $172) after sales at $170.
•
Exchange on India touched as low as Rs. 1251 in the middle of the fortnight but has again rallied and closes to-day at Rs. 1264 for T/T and Rs. 127 for Post. › On Shanghai 71) and 83) on
Yokohama.
The undernoted business in imp rted and local spinnings is reported from Shanghai during the fortnight ended the 11th instant, viz. :-
Indian: A fairly large number of bales have changed hand, but the vagaries of exchange have upset the market and businas greatly checked. Sales of the interval amount to 8,213 Bales com- prising 4,6 bales No. 10s., 604 bales No. 128., 616 bales No. 168. and 2,076 bales No. 208., prices continuing unchanged and market closing steady. Estimated unsold stock about *6,000 bales.
Јаралеве There has been more doing in these spinnings, some 5,000 bales changing hands on the basis of Tia. 86 to 95 for No. 168. and Tis. 97 to 1021 for No. 20s., prices showing little or no change and market closing firm.
Local: Beyond a single sale of 250 bales No. 148. at Tls. 881, there is no business to report although the market remains steady.
MISCELLANEOUS IMPORTS. HONGKONO 23rd May.-Amongst the sales reported during the week are the following:
per bale Bombay-Nos. 10 to 20,...$ 90.00 to $128.00 English-Nos. 18 to 24, 114.00 to 120.00 120.00 to 128.00 136.00 to 142.00 155.00 to 170.00
per piece.
*
22 to 24, 28 to 82, 88 to 42,
CorroN FIROK GOODS
Grey Shirtings—6ʻlbs.
35
**
2.30 to 2.40 7 lbs.
2.10 to 2.80 8.4 lbs. 8.50 to 4.25 9 to 10 lbs. 4.80 to 5.50 White Shirtings—54 to 56 rd. 2,01 to 8.25
58 to 60 3,50 to 4,0 64 to 68 4.25 to 6.75 Fine........ 6.00 to 8.50 Book-folds 5,00 to 8,00 Victoria Lawns-12 yards -0.85 to 1.75 T-Cloths-6lbs. (82 in.), Ord’y.2.30 to 2.80 7lbs. (82-,, „2.50 to 8.00 6lbs. (82 ), Mexs. 2.50 to 8.00 7lbs. (82,,, ); pen
8.10 to 8,30
2
---
8 to 8.4 oz., (86 in.) 8.30 to 4.05 Drills, English-40 yds., 181) 4.75 to 7.30
tó 14 lbs.
|
FIRE INSURANCES.-Hongkongs - have ad- ranged to $315 with buyers. Chinas bave been taken ff the market at $84 and futher small lots are wanted at this rate.
SHIPPING.-Hongkong, Canton and Macaos have again been done at $37 at which our market closes steady. Indo-Chinas were dealt in extensively in the early part of the week at prices 1an, ing between $104 and $1 8 cash, and quivalent rates forward up to August, the market then easing off to $106 at which wo close with s me sales and probable buyers. China and Mauilas are weak at $26 Douglases can be placed at $40, and Star Ferries (old) at $25}, and (new) st $154, both the latter ex the dividend of 12 per cent, for the year ended -30th April, 1903, paid on the 21st instant. Shell Transports are neglected at the former quotation of £1. 68. d.
Luzons are
decline, and sh res are procurable at $106 at REFINERIES-China Sugars continue to which the last sales are reported unchanged with sellers at $12.
MINING.-Punjoms are on offer at $3. Jelebus aro quiet at $14. Raubs have declined to $91 sellers.
DOCKS. WHARVER AND GODOWNS.-Hong; kong and Whampos Docks have been booked at $214 and $418, and close with probable buyers at the latter rate. Hongkong and Kowloon Wharves have declined to $89 sellers. New Amoy Dooks continue in request at $40. Farn- hams are unchanged at Tis. 1871 sellers,
LANDS, HOTELs and Buildi: GB.-Hong- kong Lands have sold at $170 and close with Bellers at this figure. Kowloon Lands cou- tinue on offer. at $40. West Points have im- proved to 852 at which there are buyers. Hongkong Hotels have been dispored of at $150) but have since eased off to $148 at which there are probable buyers. ⠀⠀ Oriente Hotels are somewhat firmer with buyers at $9. Hum: phreys Estates can be plãowk to some extent at 312) after sales at this rate and $12).
COTTON MILLS.-Ewos, have declined to Tls. 38 sellers, other northern s'ooks remaining unchanged at last quotations. Hongkong Cottons continue in requïa' at $16.
MISCELLANEOUS.-Green Island Céments have been booked at $234 and can still be placed
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