COMMERCIAL.
TEA.
SHANGHAI-Measus. Welch, Lewis & Co. in their circular, dated 1st October, state that since their last report, dat d the 18th September, the following business was done: BLACK TRA A fair business at fully previous rates. Settle- ments since September 18th:-
Per picul,
1865 half-chests at Tls. 14 1-16 1979
13-15 13-15 1941
>
J
"}
Ningchow Oonan Oopack Total Settlements to date:-27,586 half-chests against 38,776 half-chests same date last year. Arrivals to date:-38301 half-chests, against 08.345 half-chests lust year-Pingsney.-A small busi- ness has been done, but prices remain the same. Foong Mees and Sou Mees.-The Market for all kinds is stronger; all parcels snapped up at very high prices. The Buying is confined to Batoum. Settlements since the 18th September:-
Per picul. Pingsuoy...13,578 half-chests at Tls. 271 to 371 Moyune Tienkai...
Fychow
9.444 7,143 ,815
*}
+1
*
"
28 41 254 64 241, 30
י
Local Packed 4,864
21 301 The arrivals of Hyson and Yung Hysons since the opening of the market has been 140,118 half- chests, settlements 131,389 half-chests, and stock 8,729. Telegraphic advices from London give deliveries of Green Tea as follows:-Deliveries of Green Tea to th September 2,422,738 lbs.
SILK.
SHANGHAI-Me srs. A. R. Burkill and Son, in their circular, dated the 8th October, state: -The home markets are firm. Gold Kiling is quoted at Lyons at Fos. 37, and in London at 13/-. Raw Silk-There are po settlements of Tsatlees. Platings and Coarse Silks continue to receive some attention. Yellow Silk.-The demand runs principally on Miehchews, but Mienyangs and Kopuns have also been dealt in at very high rates. Hand Filatures.-A few settlements are recorded, and dealers are more disposed to meet buyers. Steam Filatures are neglected. Waste Silk.- Market quiet, but very firm.
C
EXPORT OF SILK FROM CHINA AND JAPAN TO EUROPE.
Shanghai.. Yokohama
1902-3 1901-2 bales. bales.
28,159 27,013
28,159 27,013
EXPORT OF SILK FROM CHINA & JAPAN TO AMERICA.
Shanghai Yokohama
19.12-3
bales.
1901-2 bales.
48,443
दि
48,443
HAMPHOR.
IfONGKONG, 15th October.-No arrivals.
SUGAR.
41,396
41,396
HONGKONG, l5th October.—A further decline in price has been reported, market being weak. Shekloong, No. 1, White......$8.55 to $8.60 pols.
Do.
2, White..... 7.53 to 7.60 No. 1, Brown, 6.05 to 6.10
2, Brown.... 5.85 to No. 1, White...... 8.35 to
Do.
Do. Swatow,
Do.
Do.
Do.
15*
2.White...... 7.45 to
}}
25
5.90
8.40
12
7.50
1) Brown...... 5.80 to
5.85
"J
2, Brown...... 5.65 to
5.70
*
21
.........10.60 to 10.65
19
OPIUM.
Foochow Sugar Candy .12.55 to 12.60 Shekloong
4 HONGKONG, 16th October.-
Quotations are -Allowance net. to 1 catty.
THE HONGKONG WEEKLY PRESS AND
per picul.
do.
Malwa New
$940
to
Malwa Old
.$98J
Malwa Older
to $1,040 to
do.
Malwa A. Old
Persian fine quality
Persian extra fine
$1,080 to ..$830 to .$840 to
do. do. do.
..$1,000
to
Patna Old
to
do.
$1,000
to
do.
to
do.
Patna New****
Benares New
Benares Old ..
ន ន ន ន ន ន ន ន ន ន
per chest.
RICE. HONGKONG, 15th October.-The downward ten- dency continues market being dull. Saigon, Ordinary
$3.00 to $8.05 4.75 to 4.80
+4
Round, Good quality Long
Siam, Field mill cleaned, No. 2
Garden, White.
1
Fine Cargo
5.95 to 5.00 .... 3.60 to 8.65 No. 1
4.05 to 4.10
4.80 to 4.85 5.10 to 5.15
|
[Qototer 19, 1903.
HANKOW, 7th October. TEA.-There is no busi- ness to report since our last advices. Exports.-- The prices are quoted for the net shipping weight excluding cost of packing for export:-
Per pical
Cowhides, best selected
seconds
Do.,
Buffalo hides, best selected
Do.,
do. do.
"I
.Tls. 35.00
80.00
}
24.50
J
10/35 lbs. Do.,
35/60, Goatskins, untanned, chiefly white colour, average 2 lbs., 50 p. c. short, 30 p. o. med, and 20 p. c. long hair Buffalo Horns, average 3lbs. each White (hina Grass, Wuchang and/or
Poochi
White China Grass. Sinshan and/or
Chayn Green China Grass, Szechuen Jute
83.50 11.00
20
13.50
"
12.50
2
12.80
..
19
4.60
12.00
11.90
21
12.50
27
11.75
"
21.20
23.00
77
19.50
do. Wild Duck..
24.50
39
White Vegetable Tallow, Kinchow White Vegetable Tallow, Pingchew
and/or Macheng Green Vegetable Tallow, Kiyu Animal Tallow Gallnuts, usual shape
MISCELLANEOUS IMPORTS. SHANGHAI-Messrs. Noël Murray & Co. report for the week ending 9th October, as follows:- From all accounts the Mid-Autumn Settling-Day (ath inst.) passed off fairly satisfactorily, and al- though one or two of the smaller Native dealers came to grief, the majority were able to meet their liabilities; but it is said that some required a good deal of accommodation in order to pull through. Native Interest ruled very high. and although the rate is now much lower it is still too high to ad- mit of any improvement in Clearances, which remain very poor,
So far there are no perceptible signs of the looked-for general improvement in demand, and dealers do not seen at all inclined to buy in anticipation, so we shall doubtless have to wait in patience for the initiative to come from the consuming districts. A fair business con- tinues to be done for next spring arrival, but the low forward rates of Exchange offered by the Banka remain a stumbling block, and in most cases consists for the most part of purchases of old and the business is being done on a sterling basis. It favorite chops for which the dealers feel pretty certain of finding a profitable outlet. which chops they are practically compelled to buy
SHARE REPORTS. in order to keep them in their own hands. Advices from Tientsin and Newchwang are slight-tion of our market is unchanged with no new HONGKONG, 16th October, 1903. The condi.
ly more encouraging, and may lead to a heter business later on, but in the meantime the tight-
features to report. ness of money stops everything except a small hand-to-mouth business. The merchants are re-
ported to have some orders in hand, which they are keeping back in view of the coming auctions of American goods, further quantitie of which are being offered without reserve. The Liverpool market is easier, the latest quotationsbeing 5.78d. for Mid-Orleans and 81d. for Egyptian, but this does not affect prices here. The Manchester mar- ket is steady and some business is reported to have been done in 8.4-lba., 10-lbs. and 12-lbs. Grey Shirtings, also a few White Shirting of the finer qualities. There is a little doing in Fancies, but the extended delivery now required in many instances renders business impracticable. The River Ports continue to buy Yarn, some 3,000 bales, mostly 108. and 203., having changed hands during the interval. Prices on the whole are steady, except for 20s. which show a drop of about Tls. 0.75. per bale. The Exports of Plain Cottons from the United Kingdom for September are wired as 12,000,000 yards, but we have also heard from another source the quantity should be 14,000,000 yards.
YOKOHAMA, 30th September.-The Yokohama Foreign Chamber of Commerce in its report of this date mentions the following business :-
IMPORTS - Yarns. There is no movement
Do, Plum do. Feathers, Grey and/or White Duck
Do., do.
Fish Oil. Since last report owners have re- duced their prices to Yen 8.80 per pienl, and rather figure. Shipments are going on as usual. Silks.— considerable purchases are reported at about this Market steady.
--
BANKS.
Hongkong aud Shanghais have changed hands in small lots at $6324, market clcsing with a small lot for sale at $630. Nationals unchanged and without business
MARINE INSURANCES.-A small lot of Unions has changed hands at $4921 ex div. of 832. China Traders after fair sales at $62 and 862 rule somewhat easier with a few shares from the North being presed on the market. Cantons are on offer at $1924 without leading to business. North Chinas and Yanglezes are without local business, the quotations being taken from the North.
FIRE INSURANCES.-Hongkong Fires con- China tinne weak with small sales at $320. Fires can be placed at the advanced rate of $90 but no shares are obtainable.
SHIPPING. A fow Hongkongs and Macaos have been placed at $314 Indos have found buyers in the North at $83, and $824, closing at $82. Douglas's have been negotiated at 8:9, and $30 closing with buyers at the higher rate, China Mauilas continue iu request at $181. Shell Transports have declined to £l with sales Aud probable sellers. Star Ferrys remain weak with sellers and no sales at quotations.
REFINERIES.-China Snzars, after further sales at $97 have advanced to 8971, with sales and buyers. Luzoos unchanged and without business.
MINING. With the exception of small sales of Jelebu's at 60 cents there is no business to report uuder this heading. Raubs have declined to $81.
whatever. Shirtings.-Deliveries are fairly good, and the tone of the market points to further demand if political clouds clear away. Fancy Cottons and Wollens.-Market quiet, but with more general inquiry for "forwards." Metala.- Transactions continue оп a moderate scale. Kerosene.-Market steady. Sugar. For refined DOCKS, WHIRVES AND GODOWNS.-Hong- sugars the market is weak without any transac-kong and Whampoa Docks have continued to tions whatever. Indigo.-A good demand has rule weak with sellers at $203 and later at $202. existed for Kurpah descriptions, but in other sorts sales have been small.
At time of meeting shares could be placed at $241.
Hongkong and Kowloon Wharfs have ruled fairly steady at $88 out without business. New Amoy Docks unchanged and without business. Farnhams are quoted from Shanghaṛ at $115.
MISCELLANEOUS EXPORTS.
Per steamer Glaucus, sailed on 29th September. For London:-Tea 250 boxes Congou, (5,250 bls.) 310 cases preserves, 50 casks preserves, 300 bales waste silk, 722 bales matting, 5 cases human hair, 14 cases bristles, 110 bales feathers, 16 packages effects, 10 cases staraniseed, 25 cases gallnuts, bagg gum benjamin, 245 packages hides, &c. 30 cases essential oil, 38 packages shells, 1,914 bales hemp, 14 bales tobacco. For London option Glas- gow:-1,050 cases preserves, 350 casks preserves, For Glasgow :-: 200 cases preserves, 149 casks preserves. For London option Leith:-25) cases preserves. For Dundee:-150 casks preserv: 8. For London option Manchester:-200 bales waste silk. For Hamburg :-3 cases preserves. For New Yo k:-21 cases merchandize. For Toronto:
-50 packages merchandize. For Havre:-180 rolls matting, 4 cases cantharides. For Mar- seilles: -50 bales canes, For Marseilles optional:
-100 bales waste silk. For Fort Said:-60 rolls
matting. For Trieste:-50 bales waste silk. For Various Ports:-7 packages sundries.
LANDS, HOTELS AND BUILDINGS.-Hong- kong Lands have found buyers and close steady at $154, while sales are reported at $162 for March. Hongkong Hotels are weaker, with a fow shares on offer at $149. Orientes unchanged and without business. West Points have improv. ed to $524 after small sales at $51 and $52. Humphreys have been placed at $104 and $11 closing with sellers at the latter rate.
COTTONS. No change or business to report. MISCELLANEOUS —Manita Investments have Green Islands at $.3. been placed at $15. Watsons at $14.35. China Providents at $9, $9.15 and $9.25 (closing with sellers at $9.25) and Powells at $94.
MEMO.-Canton Insurance Office Limited, Ordinary Annual General Meeting on 22nd inst. Transfer books closed.·
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