November 7, 1903.]|
COMMERCIAL.
TEA.
HANKOW, 8th October. Tea.-Business reported up to 28th October:- Settlements 338.918 half chests; shipments to Shanghai on Native accounts 38,830 half chests; and stock 7,862 half cliests.
Regarding Kiukiang Tea, the settlements were 191,616 half cheats; hipincuts to shanghai on Native account 13,876 half chests; and no stock remaining.
The entire business to the 28th October as compared with corresponding period of last year
15
CHINA OVERLAND TRADE REPORT.
SUGAR. HONGKONG, 6th November.-There is no market and the prices are declining. Shekloong, No. 1, White... $8.80 to $8.65 pels.
2, White...... 7.60 to 7.03 No. 1, Brown. 6.00 to 6.05 2, Brown.... 5.85 to 6.90 No. 1, White...... 8.45 to
Do.
Do.
Do.
**
Swatow,
Do.
+1
Do.
"7
8.50 2. White...... 7.50 to
7.55 1, Brown.. 5.85 to 5.99 5.05 to 5.70 12.65 to 12.70 .10.70 to 10.73
Do.
2, Brown. Foochow Sugar Candy Shekloong
**
RICE. HONGKONG 6th November.-The position of the market is the same as when last reported. Saigon, Ordinary
$2.95 to $3.00 4.00 to 4.65
1903
-Chts.
1902 1-Chts.
For London, America and
European Continent 194632 147,105 Russia
535,902 507,000
Round, Good quality Long
4.75 to 4.80
Siam, Field mill cleaned, No. 2
3.25 to 3.30
Garden,
No. I
11
White,
#
Fine Cargo
The export to 24th ist., for the season 1903/4, stands thus :~~~-
To Great Britain
".
United States and Canada
;;
Continent
Russia in Europe.
17
do. via North
Shanghai
SILK.
lbs.
6,174,516 4,244.5
1,884 381
13,766.445
21,201,296 5,834.768
HANGHAI, 29th October. Messrs. A. R. Burk and Son report:-The home markets are quiet, prices show no change. Raw Silk-Settlements of Tsatlees are confined to 40 bales of Pagoda 3 Buffalo 3. Yellow Silk-Only a small business doing; prices are, if anything rather easier. Hand Bilatures -A settlement of 100 bales Crack Chop is reported for America, whilst a further 100 bales of medium and market grades have also been booked for the rame market, but buyers generally unable to operate at present rates. Steam Filatures.-are quiet and substantial concessions are obtainable.---Waste Silk.There is no change.
TSATLEES-
Buffalo 3 Pagoda 3
+++
HANGCHOW TSATLEE
Lily Flower 2...
4.10 to 4.15 4.80 to 4.85 5.15 to 5.20
SAIGON, 23rd October. Messrs G. W. Hale and Co.'s circular states :-
The rice business has not improved in any way the dulness having proved, on the contrary, more acute than ever, In sympathy with the general lack of demand, prices fell rapidly and consider- ably. There is, virtually, no market price at present. The quotations are quite nominal and just to give an idea of the latest drop, holders of remaining stocks of Paddy, which are roughly estimated at about 300/400,000 piculs (u ostly of Cambodia grain) are losing heavily. Rice-Mills are all, wore or less, without any work and most of them will soon shut down for their annual clean up and are not likely to reopen until the next season.
The weather has proved perfect and if it cuting so for another wonth or so, there is every reason to expect a bountiful harvest,- although somewhat late.
Since the beginning of ether the following six vessels arrived from Hongkong: Annam, Lærtes, Holstein, Thomis, Iritas, and Ernest Simons. On the other hand, vessels that left for Hongkong were four in number: An Pho, Ernest Simons, Bourbon and Telemachus. The An Pho and Lærtes, now in port, are also bound for Hongkong.
Rice quotations for November delivery are:-
tris.
per pci. 670,680 670/68)
580
GREEN KIAHING
Almond Flower Stark 2
780
White Swan 1...
... 63
10
20
+1
Спіксома -
Tiger. Extra best, Extra and 1620/615/60)
YELLOW SILKS
Mienyang ST 1
Mienchew
HAND FILATURES —
No. 2 White unsifted (ordinaire)
stem milled (mixed)
5% Cargo steamer milled (mixed)
1.
"
OPIUM.
per picul.
$3.95
$3.63
$3 45
$3.30
HONGKONG, 5th November.
Quotations are:-Allowance net. to 1 catty.
341
local mill quotations, but the demand is very Local Manufactures -There is no change in light and the position is weak,
Japanese Yarn :-Continues dull and a conċes- sion of $2 to $3 per balo has failed to induce any business.
Raw Cotton:-Business has been on moderate lines. The first shipments of now Indian Cotton have arrived, and about 400 bales taken up for the neighbouring country markets at from $24 to $26. The quality is up to the average-uns old stock old and new about 1,500 bales. Sales of China descriptions are small, some 150 bales Ningpo having changed hands at $30-stock exhausted. We quote Indian $22 to $27 and
China $28 to $31.
Exchange on India has taken a downward turn, the excitement in Silver having abuted, and closes weak at Rs. 135) for T/T and Rs. 135 for Post. On Shanghai 713 and on Yokohama 88),
The undernoted business in imported and local spinnings is reported from Shanghai during the fortnight ended 23rd ult1, víz:-;
Indian.-Total sales 10,803, comprising 75 bales of No. 6s, 2,795 bales of No. 108, 1,155 bales of No. 128, 10 bales of No. 148, 1,345 bales of No 16s, and 5,383 bales of No. 20s, prices showing little or no change and market closing steady. Unsold stock
32,000 bales.
Japanese.A moderate business has been done at steady rates, sales amounting to 3,200 bales on the basis of Tls. 83 to 89 for No. 16s, and Tls. 90 to 95 for No. 20s, market closing firm.
Local.-In small request sales amounting to 2,000 bales on the basis of Tis. 82 to 824 for No. lus, T. 841 to 874 for No. 12s, and Tls. 87 t›> 87% for No. 148.
MISCELLANEOUS IMPORTS. HoNakone, 6th Nov.-The prices ruling are as follows:--
COTTON YARN-
Bombay-Nos. 10 to 20, English-Nos. 16 to 24, 22 to 24, 28 to 32,
M
J1
23
38 to 42,
Reported sales 1,500 bale. COTTON PIECE GOODS-
Grey Shirtings-6 lbs.
7 lbs.
8.4 lbs.
90.00 to $128,00 114.00 to 120.00 120.00 to 128.00 136.00 to 142.00
155.00 to 170.00
per piece 2.30 to 2.40 2.50 to 2.80 3.50 to 4.25
9 to 10 lbs. ...4.30
White Shirtings-54 to 56 rd. 2.90
3 8 2 2 2 2 28 28 28 388 2
to
5.50
to 3.25
33
68 to 60 3.50 to 4.00
0-1 to 66 Fine Book-folds
4.25 to 5.75
"
6.00 to 5.0
5.00 to
0.85
to
8.00 1.75
2.80
2.50
to
*
to
3.10
3.00 8.00 to 3.30
*
to
to
4.03
7.30
Victoria Lawns-12 yards T-Cloths-Glbs. (32 in.), Ord'y 2.30 7lbs. (32,, ),
6lbs. (32,, ), Mexs! 2.50 7lbs. (32,
).
R to 8.4 oz., (36 in.) 3.30 Drills, English-40 yds., 13} {
to 14 lbs.
1. 517) ..4771/153
Malwa New
Malwa Old
.$9.0 to $950 to
per picul.
do.
791
Malwa Older
$1,000
to
do.
Malwa V. Old
.$1,050
to
.do.
4.75
Persian fine quality
.$800 to
do.
FANCY COTTONS—
Persian extra fine
.$810 to
do.
$1,112}
•
to
per chest.
Turkey Red Shirtings-14 to
8 lbs.
to
do.
$1,110
Brocades-Dyed
1.75 to
0.13 to
0.00
to
do.
to
do.
DAMASKS-
per yard
Chintzes-Assorted
0.11 to
0.20
COTTON.
Velveteens-18 in.
MHY Blue Dragon Extra 1 & 2 aver..... 920 MHY Feima Extra 1 & 2 aver
SSH Pegasus (granit) Extra 1 & 2 aver 755
CANTON, 22nd October.-Export- Re-reels. - No business has transpired in this class, and prices are a trifle easier. (The small sales reported in our last should read as made at $785—not $885). Filatures-European buyers in general co tiuue unable to pay local prices of Steam Filatures, and only a small and dragging business has ensued. Holders still resist decline, but values nevertheless have receded about $20 per picul, as shown by subjoined quotations. From sales unde we quote: Ching Wo Hang 9/11 $965, Yu Loong Hing Quan Wo On 9/11 @ 8960, Hang Wo Cheong 9/11 @ $940, On Wo Hing 1/12 1915. Mei Lun Hing Po Shun Cheon 10/12 $900, Kwang Shuu Cheong 13/15 (old lot) (@ $890, Yee Woo Cheong 18/22, 2/24 (a $795/775. On the lower level now asked a fait business has passed in "native" Filatures. Best 3e Ordre have been placed @ $795 for 11/13, 13/15, $770 for 13/15, $750 for 14/18, $710 for 15/22.
Short-reels.- Hve attracted some attention in certain quarters at $915 for Hau King Lon, Kwong Wo lling, $910 for Quang Wo lling, $850 for Kwong Lun Hing, Miu Hing Lun, $5 for U Hau Chcong, Yee Wo Loong. Waste Silk.-Continues to rule extremely firm. European buyers however have advanced their offers squewhat, and a few settle ments bave resulted it's134 for Ste m Ext. Sel. unopened and $110 for Ext. Ext, opened. Pierced Cocoons have been done at $118. Appended are quotations in Canton, with laying down cost in London, Lyons and New York, Exchange months' sight 1/11 and Fcs. 2.411 per Dollar.
Patna New Patna Old Benares New Benares Old
HONGKONG, 6th Nov.-Business much restrict- ed. Stocks 1,500 bales.
Velvets-Black, 22 in
0.26 to 0.75
Handkerchiefs-Imitation Silk 9.25 to
23.50 to 24.50 picul. 23.00 to 26.00
WOOLLENB-
Bombay... Bengal (New), Rangoon
und Dacca.. Shanghai and Japanese, 28.0 (to 29.00 Tungchow and Ningpo, 29.00 to 29.00 Sale: 291 bales and 189 bales.
YARN
Mr. P..Eduljce says in his Report, dated Hong- kong, 6th November-Business continues in the samo dull unsatisfactory state as previously mentioned, and only a few swall sales of spot goods aro reported at prices showing little or no change on last quotations. The improvement wired from Bombay has been confirmed, and later down cost. Holders, however, are not so firm in on a decline in exchange has enhanced the laying their idea and would meet dea'ers to a reason- alle extent, but there is a wide difference between their respective views. Goods under old contracts
aro
now running very low, and a harvesting in the country rapidly approaches completion, of resumption. demand appears to be within measurable distance Meanwhile the market closes quiet but steady.
0.10 to 0.20
per dozen
3.00
per yard
to 0.50 to 1.00
2.50
Spanish Stripes--Sundry chops 0.73 Ge man
Habit, Med., and Broad Cloths 1.03
to 3.0 per piece
Long Ells-Scarlet, 7-10 lbs. 6.00 to 9.25
Assorted
Camlets-Assorted Lastings-30 yds., 31 inches
Assorted Orleans-Plain, 31 in.
Blankets-8 to 12 lbs.
Fine quality
7.05 to 9.10 12.50 to 33.00
(12.50
to 21.00
10.00
to
por pair
0.6)
to 1,60
1.69
to 2.50
METALS-
Iron-Nail Rod
per picul
4.00
to
Square, FlatRoundBar(Eng.) 1.00 to
Swedish Bar Small Round Rod
4.'15 to
4.26 to
Boop to 11/2 in.
6.00, to
Wire, 16/25 oz.
9.50 - to
Wire Rope, Old
3.00 to
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