258
COMMERCIAL.
tember 4th:t
******
""
TEA SHANGHAI-Messrs. Wich, Lewis & Co. in their circular, dated 18th September, state that since their last report, dat d the 4th September, the following business was done: BLACK TEA A very small business has en done, only three or four chos of second crop Ningchow have been settled at Tle. 26-27 per pichl, and a few lines of Common Congou at Tls. 131-14 a picul, which, at the present rate of exchange, shows an advance of about Tl. I per picul. Settlements since Sep- Per picul, Ningchow 5382 half-chests at Tls. 17-27 Oonan
1610
18 -28 Oopack
1824
13-15 Total Settlements to date -22,180 half-chests against 34,226 half-chests same date last year. Arrivals to date:~36,510 half-chests, against 55,505 half-cheste last year.-A fair business has been done in medium Teas at an advance of Tls. 1-2 per picul. Common Country Tea and Local packs have been selling at low prices, viz., TIs. 251-28 per picul, but the volume of business is small. The market is practically cleared of all Fine" to " Choicest Teas, with only three or four more chops still to come. The quality of the recent arrivals is poor, being dark in cup and infusion with poor make and colour and very dusty Young Hysons. Pingsney-A good business has been done in chops at Tls, 284-39 per pical, showing an average rise of Tls. 2 per pical during the interval. The Market is cleared of clean, sweet liquoring Tea, only Common to Medium Tea remaining. Hysons.-A small business has been done during the interval at former rates. Foong Mees and Sou Mess-Buying has been entirely for Batoum. Medium Tess are firmer and good. Bou Mies have advanced at least Tls.2-3 a picul. Settle- mente since the 4th September:-
+
Per picul.
Pingsuey.15,275 half-chests at Tls. 26 to 39 Moyune 9,422
Tienkai...... 8,005
Fychow
... 8,315
LocalPacked 8,760
THE HONGKONG WEEKLY PRESS AND
f
SILK.
SHANGHAI,-Messrs. A. R. Burkill and Son in their circular dated the 24th September state :--- The home markets are quiet. Raw Silk-Very little doing in Tsatlees, but there was a small business in Taysaams. Yellow Silk continues in demand, and prices have further advanced. Hand Filatures are neglected. Steam Filatures.——— Market chops are in small demand in Europe. Waste Silk-The market keeps very strong. Woozie pierced cocoons (whole bales) have been done at 11s 170 for 70 per cent. silk.
15th.- Raw Silk!
Holders have remained obdurate, albeit concessions
YOKOHAMA, September
of yen 10 were obtained upon Kakedas and fine sizes. Three days since a considerable business was done in Re-reels and Shinshin sorts, but the market closes quiet. The total settlements since July 1st have amounted to 19,609 picule as ing period of last year. The stock is 9,110 piculs compared with 16,807 piculs for the correspond- against 9 600 last season. The export this season to America. Waste Silk and Cocoons-The market has been 28, 1:9 bales to Europe and 48,443 bales has been very active especially in Oshiu Noshi, buyers even e tering upon negotiations before the commodity had appeared in the market. export has amounted to 50,384 picula. Settlements amount to 4 500 piculs. This season's
CAMPHOR.
HONGKONG, 2nd October.-No arrivals.
KOBE. Very little business has transpired recently owing to the uncertainty existing as to the Government's intenti na with regard to the operation of the Monopoly Act, which comes into force on October 1st.
SUGAR.
HONGKONG, 2nd October.-The prices are the same as when last reported. Shekloong, No. 1, White......88.40 to $9.45 pel.
Do.
2, White... 7.55 to 100 No. 1, Brown...... 8.10 to 2, Brown...... 5.80 to No. 1, White..
*
Do.
6.15
*
251 58
14
Do. Swatow,
5.95
"
26 39
Do.
J
2. White..
*
J
22 30
+
231,.
27
Do. Do.
11
1, Brown.....
8.30 to 7.45 to
5.85 to 6.90
8 35
11
7.60
**
"
5.70 to 5.76 12.70 to 12.76
D
.10,80 to 10.85
"
RICE.
The arrivals of Hyson and Yuong Hysons since ohe opening of the market has been 120,154 half. thesta, settlements 110,767 half-chests, and stock c,887. Telegraphic advices from London give 9eliveries of Green Tea as follows:-Deliveries df Green Tea to 4th 8.ptember 2,033,137 lbs.
2, Brown.. Foochow Sugar Candy Shekloong
HONGKONG, 2nd October.-The position of the market is nearly the same as when last reported. Saigon, Ordinary
$3.20 to $3.25
++
Round, Good quality Long
J
"
Garden, White,
J
Fine Cargo
4.90 to 4.95
5.15 to 5.20
8.75 to 3.80
|
[October 5, 1903.
FOOCHÓW, September 25th.-Sales during the week amounted to 80 chesta. The estimated stocks re 56) chests Malwa, 23 chests Fatna, 6 chests Benares, 94 cheets Persian-a total of 179).
MISCELLANEOUS IMPORTS.
SHANGHAI, 17th September (from Messrs. Noël Murray & Co.'s Piece Goods Trade Report):— Business privately has continued on about the same scale as mentioned in our last issue, and beyond a few indents being placed for spring
symptoms of an improvement in the demand from arrival in special chops we have not heard of any business. Here and there one comes across slight the Tientsin and Chefoo markets, and we believe more business has actually been done among disappointing. Apart from the dismal state of native dealers, but as a whole the business is very
latest upward movement in the price of silver has trade the unfortunate importer has always some- thing coming along to upset calculations, and the
very short of funds, and an advance in the rate come when it was really not wanted. In addition to this the Native money market is becoming of interest, already fairly high, is expected at any time. A feature in the weeks business has been sale by auction of some 1,000 bales American Sheetings in perfectly sound condition. Before the sale it was generally thought that a forced sale like this would break the market, but instead of doing so very good prices were obtained, and the market showed more vitality than any- one gave it credit for. Clearances continue fair, but are still far below the average of any decent year. From Newchwang we have not heard of any news, and what few orders have been received have been easily filled from Native sources. River Ports continue to take goods in a quiet way, and we have been told the prospects of the Han- kow market are favorable. There is little or no news concerning the Manchester market which remains very firm. Cotton in Liverpool is quoted 6.40d. but in the present state of things the quotation for spot Cotton is not worthy of much consideration. The export from England for the past fortnight only amounted to five million yards. Prices at auction again showed a tendency to advance in spite of the upward movement in exchange, but we notice that rather larger quanti- ties were offered for sale of 10-lb. Grey Shirtings and White Shirtings.
The
HANKOW, 23rd September. - The prices are quoted for the net shipping weight excluding cost of packing for export
Cowhides, best selected
No. 1
4.25 to 4.30
Do., seconds
4.95 to 5.00 6.20 to 5.25
Buffalo hides, best selected
Do.
Do.,
do. do.
Fooonow, September 25th.-The Settlements of the past week are 2,752 half chests Congous, Siam, Field mill cleaned, No. 2 669 half chests Souchongs, and 200 boxes of scented teas. The export to date, per consignees, returns, is compared blog with the export for the corresponding period last year:--
1903-4 Great Britain ... 3,689,617 lbs 8,758,887 lbs Australia & N.Z. 1,402,031 972,109 United tates and
5,195 086
Canada
Continent of
1,618,876
FJ
"
D
1902-3
"1
33
Europe 4,145,580 3,838,667 South Africa 563,800 1,016,422 The Customs Returns show a total export this season of 19,955,727 lbs.
JAPAN-The settlements' at Kobe to the 15th September, were 115,400 piculs against 104,000 piculs at same date last year. At Yokohama the total settlements amounted tỏ 181,500 piculs as compared with 160,000 piculs last year. exports from Yokohama this season amounted to 21,659,972 lbs. This shows a substantial advance on last year's figures, and in fact constitutes a record...
The
HANKOW, 23rd September-Business reported since the 16th inst. is as follows-Settlements, 868 half-chests; Shipments to Shanghai on native accounts, 8,486 half-chests, consisting of Oonfass, 888 half-chests, at Tis. 12.25 to 18.75 per picul. The entire business to date, as compared with the corresponding period of last year, is estimated as under :—
KOBE, September 15th.-The prospects for the new crop continue extremely favourable. Some contracts for new crop. December deliveries are reported at low figures.
COTTON.
K BE, September 15th.-There is scarcely any business to report in American or Indian, either however, been done in Chinese New Crop- for "spot" or forward. A good business has,
November shipments. Grey Shirtings.-Deli- veries continue fairly good, and there are several inquiries for stocks, but buyers' prices are still impossible owing to the very high prices ruling far behind sellers' ideas. Forward business is
for Cotton. Cotton Goods and Fancie-.-There is a further improvement to record in clearances, and the tone of the market is more promising. Loc il prices show little or no advance, which forward delivery. prevents fresh transactions either in stocks or for
Worsteds and Woollens. - Deliveries have been fairly good during the last fortnight; but owing to heavy stocks still held by the middlemen, busine-s has not that healthy feeling it ought to have at this season of the
year.
OPIUM.
HONGKONG, 2nd October.—
Quotations are:-Allowance net. to 1 catty. Malwa New
per picul.
Malwa Old
1903. -chts.
$970 to ..$1,030 to
1902.
Malwa Older
..$1,060 to
I-chts.
Malwa V. Old
$1,090 to
do. do. ão.
For London, America and
European Continent. 194,632
Persian fine quality
..$850 to
do.
147,105
Persian extra fine
do.
For Russia
632,140
507,000
Patna New
Patna Oid
726,772
654,105
Benares New
•
$840 to $11,00 to $1,110 to
.$1,0971 to
per chest.
ào.
-
do.
-
10/35 fbs. 85/60..* Goatskins, untanned, chiefly white colour, average 2 hs., 50 p. c. short, 30 p. c. med. and 20 p. c. long hair Buffalo Horns, average 3lbs. each White China Grass, Wuchang and/or
Poochi
G
White China Grass. Sinshan and/or
Chayu..
Green China Grass, Szechuen Jute
Per picul
Tls. 35.00
30.0
11
24.00
"
62.00
11.00
"
14.10
13.10
12.75
"
4.00
12.20
18
10
12 10 l'ls. 12.50
12.00
J
J
21.00
23.00
19.75
do. Wild Duck
24.50
** 19
White Vegetable Tallow, Pingchew White Vegetable Tallow, Kinchow
and/or Macheng Green Vegetable Tallow, Kiyu.. Animal Tallow Gallnuts, usual shape.. Do., Plum do. Feathers, Grey and/or White Duck
Do..
do.
MISCELLANEOUS EXPORTS.
Per P. & O. steamer Ballaarat, sailed on 26th September. For London:-100 bales waste silk, 20 bales raw silk, 66 packages lychus, 2 cases silk, 2 cases qurios, 4 cases bristles, 5 cases human hair, 3 cases cigura, 10 packages sundries. For Lyons: - 90 bales raw silk. For Gibraltar-2 cases silks. For London and/or Manchester: +125 bales waste silk. For Manchester:-100 bales waste silk. For Marseilles:-60 bales raw silk, 12 cases silks, 1 cases feathers. For Milan :-60 bales raw silk. For Bare lone:-87 packages tea,
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