202
YARN.
Mr. P. Eduljes say ‹ in his Report, dated Hong- kong, 11th Supt: Shortly af or the departure of last mail a bris ‹ demand set n, and a consider. able number of hales chungal hauds, and buť for the prevailing tightness if money amongst the natives a much large business would have been put through. Holders, however, were not able to main'ain their prices, and being anxious to quit in face of heavy supplies and a rising exchange, bad to submit to a further decline of $1 to $2 per bale. The inquiry has been general, almost all counts being dealt in; No. 10 receiving by far the largest amount of attention. Spot stocks of desirable spinnings are now practically all sold, and the bulk of sales noted below are for Septein- ber-October delivery. At the close the demand continues and dealers appear to be eager buyers but, considering the state of the Homhay market and the recent decline in exchange, a båder front has bean asstuned by holder, and a temporary check in the downward qurse is for the moment being experienced, the market meanwhile remain- ing steady.
Local Manufacture : - The firmness of the local will has more or less chucked busines, but a fair demand has been experienced and sales of 400 bales No. 1 s. at $101, and of 300 bales. No, 128, at $103 are reported.
Japanese Yarn: -Have been in more enquiry but at a decline of 5 cents to $2 per bale, sales reported being about 1,525 bales No. 20, say, 875 bales Red Peacock nt from $124) to $126), 300 bales Blue Fish at $124 tỷ 124), 350 hales - Yellow Joss at $123) and 50 hales Two Stags at $124.
In
Raw Cotton: There has been nothing doing in China staple, the market being hare of stock, New crop is expected to arrive in about a fortnight; the yield is reported to 1 up to the average. Indian kind sales of abot 750 bales Bengal have bern reported at from $21 to $241 with an estim. ated at ck of about 2.0 B3 bales. Quotations are: Indian $20 to $26, and China $27 to $30.
Exchange on India gradually advanced till it reached Rs. 1411, when it comienced to recede, and closus to-day weakjat Rs. 133) for Past. On Shanghai 724 and on Yokohama KJ.
The undernotel business in import d and local spinnings is reported from Shanghai during the fortnight ended 28th ultimo, viz :
Indian The tightness of money amongst the Natives is checking business. ales reported are 3,272 bales No. 10s., 89 bales No. 128., 1,000 sales No. 168. and 1,850 ba'es No. 208., prices continuing unchanged and market closing study.
The stock was estimated at 38,000 bales.
Japanese: There has been rather more ouquiry and sales of about 3,50 hales were effected on the basis of Tls. 84 to 91 for No. 16s., and Tls. 91 to 98 for No. 208.. prices showing a decline of half to 1 Tnels and market closing weak.
Local:-Continue in limited erquiry; sales reported amounting to 2,000 bales on the basis of Tls. 84 for No. 10s. Tls 801 for No. 12s.. Tis. 88 to 89 for No. lis., and Tls. 90 for No. 108., market closing steady.
THE HONGKONG WEEKLY PRESS AND
MISCELLANEOUS IMPORTS. HONGKONO, 12th Sept:-The prices ruling are as follows:- COTTON YARN-
per bale
Bombay-Nos. 10 to 20, English-Nos. 18 to 24,
"
22 tbl 24, 28 to 32, 38 to $2,
COTTON PIECE Goong→→
Grey Shirtings-6 lbs.
71bk.
8.4 lbs.
}}
120.00 to 136.00 to 155.00 to
128,10 142.00
170.00
j
|
WOLLENS --
per yard Spanish Stripes- Sundry chops.0.75 to 2.25 Habit, Med., and Broad Cloths 1.25 to 8.0
per pieco
Long Ells Searlet, 7-10 lbs. 6,95 Assorteul
Camlets --Assorted Lastings- 30 yds., 31 inches
Assorted
Orleans Flain
METALS-
[September 12. 1903.
MISCELLANEOUS EXPORTS.
MANILA.The latest quotations by mail are-
HEMP.
Albay, current
$18)
{a 9.75 7.10 to 9.90 12.30 to 33.00
Leyte, do.
8221 to 231
Daet,
do.
.$16
Na. Caceres (Catanduanes)...
.$19
$12.50 to 21.90
9.50
Sorsogon....
$23.00
BUGAR
Iloilo No. I...
.851
2..
$41
Blankets-8 to 12 lbs.
Fine quality
per pair (61 to 1.75 1.60 to 2.50
3.
..$4
A szorted
.$.41
COPRA.
per picul
Sun-dried
.$6.25
4:30
fo
Squire, Flat Romn-Bart Eng.) 4,33
Laguna
$5.75
to
F. M. Manila.
$6.25
Swedish Bar
185
fo
KIC
Sumall Rand Rod
1.55
to
.$7.25
Hoog & to 11 2 ia.
6.41 10
$7.25
9.70 to 3.00 10
1
LEAF TOBACCO.
per quintal
Isabela, Cagayan Isabela, 1932 Cagayan
1901
to $42
"
+1
...
#1
$11 $16
*+
$38
$36
"
"
$10
$32
iron Nail Rod
Wire, 16 25
Wire Rope, Old Lead, L., & Co, and Hole Chop 7.75
7.75 Australian Yellow Mital-- Muutz 14 20 az 400G Vivian's 11 20 022 1. A Elliot's 14 20 62,334,001
Composition Nails, Japan Copper, Slabs..
Tin..
Tin-Plates
Saigon Blanco Rangoon.
2nd 3rd
1st to 5th e'asa $13
E
.$11.00 .$9.50
Bar 1st class. Few stocks offered $13,50
Abra, Norte. No stocks. Union.
HANKOW.-The prices quoted aro for the net shipping weight excluding cost of packing for
export :-
1.
1
.61.00
10
.39 10
78.000
to
lox. per
7.10 to
per owt, cas
Sterl¦ to 2
SUNDRIES
6.40 10
per picul
Quicksilver
160,00 to
Window Clas
4.75
per box
to
Cowhides, best selected
Do. Seconds
Buffalo hides, best selected
Do.
Do.
do. do.
SHANGHAI, 3rd September (from Messrs. Noël Murray & Co's, Piece Goods Trade Report). The market remains in the game state of quietness as depicted in our last circular, the high rate of exchange and the heavy rate of Native interest (about 35 p.e.) rendering business well-nigh im possible and reducing clearances to a very small
amount.
but
thero
hands.
Here and there one hears of some order having been placed with dealers from the various outports, but the only business we have heard of is the purchase of some 84-lb Grey Shirting by the Tientsin merchants from seed Advices from the home markets show prices to keep firm,
is certainly not much inducement to buy under the present circumstances, although we have been told that teveral lines of American Drills and Sheetings been bought in New York for this have market Cotton in Liverpool is quoted 6·80d. and we hear a considerable decline would be accepted for forward delivery
Imports from England for the past month amounted to twenty: three million yards. According to advices from Manchester, Liverpool and New York, it appears a: if the next Cotton Crop (American as well as Egyptian) is going to be deficient both in quantity and quality. Any shortage in the 1904 crop, coming as it will on the top of the preset ond, which was a rank failure, will offer to speculators S'90.00 to $128.00 in the States a further opportunity to squeeze, 114.00 to 120.00 | and we shall not be surprised to see half-a-dozen corners in cotton for every one we had to experience thi year.
The natural deduction is, that the high prices ruling the better part of this year, will be still further accentuated in 1904, and affect piece goods all the mo r, as there will be no cheaply bought cotton left in the hands of manufacturers, by the help of which they have been able to necept some of the low limits which have gone through recently, rather than close their works. In some cases, in 'England as well as in America, Spinners have resold their holdings of Raw Cotton with considerable proft and closed their mills, rather than sell their production at a loss. The high pric s now uling, and which ap- parently have come to stay for yet another year, will naturally reduce the purchasing power of the people and curtail imports much further. The stocks here are not over heavy; es- pecially when it is taken in account that only very small supplies are likely to arrive for several months to come, and then will easily be taken off if we have anything like an Autumn trade. The replacing of these stocks can only be accomplished at a considerable sterling advance, especially so as far as staple goods are concern d. The advance in exchange has permitted dealers to grant slight ly improved limits for Fancies and Prints. in which a small business has been transacted during the past week, though nothing of any weight, as dealers, shy as they are to operate in a rising exchange, still hope for higher rates.
per piece 2.30 to 2.10
2.00 to 2.80 3.50 to 4.25 9 to 10 lbs... 4,30 to 5.50 White Shirtings-54 to 58 rd. 2.91 to 3.25
68 to 60 3,50 to -40 64 to 60 4.23 to 6.75 Fine... 6.00 to 8.50 Bopk-folds 5.00 to 8.00 Victoria Lawns-12 yards 0.85 to 1.75 T-Cloths-6lbs. (32 in.), Ord'y. 2.30 to 2.80
7lbs. (321) ),
2.50 to 3.00 6lbs. (32), Mexs. 2.50 to 3.00 7lbs. (32). 3.10 to 3,30 8 to 8.4 oz., (36 in.) 3.30 to 4.05 4.75 to 7.30 to 14 lbs.
13
Drills, English-40 yds, 134}.
FANCY COTTONS---
Turkey Red Shirtings-1) to
Brocades- Dyed
DAMASKS -
Chintzes-Assorted
Velvets-Black, 22 in
Velveteens-18 in)
8 lbs.
1.70 to 6.09
to per yard 0.09 to 0.15 0.27 to 0.63 0.171 to 0.23 per dozen
Handkerchiefs-Imitation Silk 0.25 to
5.00
per picul.
.Tls. 34,00
29.50
23.00
**
4
10/35 Wis. 35/60 Goatskins, untanned, chiefly white colour, average 2 this., 50 p. c. short, 30 p. c. med, and 2" p. c. long hair Buffalo Horns, average 3lbs. cach White China Grass, Wuchang and/or
Poochi White China Grass, Sinshan and or
Chayu
60.00
11
11.00
14.80
11
13.50
12.75
12.30
12.20
Tls. 12.50
12.00
11
22.00
23.00
1
19.50
do. Wild Duck.. 21.50
FI
¡
Green China Grass, Szechuen White Vegetable Tellow, Kinchow White Vegatable Tallow, Pingchew
and or Macheng Green Vegetable Tallow. Kiyu
Animal Tallow
Gallnuts, usual shap:
Da. Plum do.
Feathers, grey and or White Duck ......
Do.
do.
For For
Per steamer Kiautschou, sailed on 2nd Septem- ber. For Rangoon 17 cases clocks. Colombo: -500 bags sugar, 500 bags beans. Aden: -17 rolls matting, 25 cases preserves, 2 cases palm-leaf fans, 2 cases camp'orwood boxes. For Naples:-350 cases cassia, 375 half-chests tea, 35 packages tea, 20 bales rattans having. For Genoa :-298 bales raw silk, 25 cases essential oil, 20 bales canes, 2 cases cocoons, 1 case waste silk, 1 case matting. For Antwerp:-600 bales bamboo, 250 bales bamboo scraps, 30 half-chests tea, 15 cases ginger, 7 cases cigars. For Antwerp and Hamburg-105 cases bristles. For Antwerp and London:-10 bales split bamboo. For Antwerp, Amsterdam. Rotterdam. Hamburg and London: - 5 bags ore, 3 cases curios. For Amsterdam:-360 hoxes ginger, 61 rolls matting, 16 cases tea stick, 8 bales canes, 3 cases blackwoodware, 2 cases rht- tan core, I case rice paper. For Anısterdam and Rotterdam :-325 cases ginger. For Amsterdam, Rotterdam and Hamburg:-150 casks ginger, 100 cases cassia For Rotterdam :-438. half-cheats tea, 100 cases teastick, 72 bales cares, CO cases -989 half- ginger, 10 casks ginger. For Bremen:- chests tea, 22 rolls mats, 18 cases ginger, 4 cases sundries. For Bremen and Hamburg :-89 bales feathers. For Hamburg: -626 half-chests tea, 200 boxes tea, 158 bales feathers, 116 cases cassin, 90 cases ginger, 76 cases preserves, 47 cases gin- ger: 29 cases effects, 27 bal s canes, 13 cases blackwoodware, & casks preserves, 5 bales cassia, For Hamburg 4 c ses feathers, 2 cases bristles and London :-426 packages ter. For London 687 rolls matting.
Per steamer Tientsin, sailed on 5th September. For London:-1,071 boxes tea, 75 bales waste silk, 200 bales waste (option Manchester), 45 cases chinaware, 13 cases woodware, 5 cases china earthen ware, 4 cases copper gongs. For Man- chester :-50 bales waste silk. For Trieste -50 bales waste silk.
No comments yet.
Private notes are available after approval.