The-Hong-Kong-Weekly-Press-1904-02-08 — Page 22

Hongkong Weekly Press AND China Overland Trade Report All

118

-COMMERCIAL.

SILK.

Messrs. A. R. Burkill & Son's in their Circular of 28th of January state--The home markets are quiet. Raw Silk-A moderate business has been transacted in Tsatlees, but the higher prices now asked combined with higher Exchange stops business. Yellow Silks.—Ã fair business has been done in Yellow Silks at usual quotations. Hand Filatures continue to be in some demand chiefly for America. Holders are asking for higher -prices which the Home Markets are at present Steam Filatures-are unwilling to concede. practically neglected. Tussah Filatures.-A con- siderable business has been done this week, some 250 bales baving been settled. Tael Prices have declined. Waste Silk.-Nothing doing.

SUGAR.

Hongkong 5th February.-The downward ten- dency continues, market being dull.

Shekloong, No. 1, White......$8.65 to $8.60 pols.

Swatow,

Do.

2, White...

"

Do.

Do.

1, Brown....

7.55 to 7.60 6.00 to

Do.

2, Brown...... 5.85 to

6.05 6,90

11

#

No.

White.... 8.45 to

8.60

139

Do.

"1

**

2. White ..... 7.50 to 1, Brown..... 5.85 to Do.

2, Brown...... 5.75 to Foochow Sugar Candy Shekloong

7.55

5.90

05

5.80

........12.50 to 12.85 .10.70 to 10.75

RICE.

"

**

HONGKONG 5th February.-No demands having come forward the prices are further declining. Saigon, Ordinary

Round, good quality Long

Siam, Field mill cleaned, No. 2

Garden,

No. 1

"

White,

">

Fine Cargo

OPIUM,

$2.90 to $3.00 4.26 to 4.30 1.40 to 445 3.45 to 3.50 3.35 to 3.40 4.55 to 4.60 4.85 to 4.90

7th February.— Quotations are:-Allowance net. to I catty.

to $950 per picul. to $990 do.

Malwa New

$930

Malwa Old

.$970

Malwa Older.

$1,010

Malwa V. Old

$1,050

Persian fine quality.

$910

Persian extra fine

..$920

to

Patna New

$1,300

to

to $1,030 do. to $1,070 do. to

do.. do. per chest,

Patna Old

to

do.

Benares New

.$1,297}

to

do.

to

do.

Benares Old

MISCELLANEOUS IMPORTS. HONGKONG, 15th Jan.-Theprices ruling are as follows:- COTTON YAEN

Bombayos. 10 to 20, English-Nos. 16 to 24,

"

22 to 24,

28 to 32,

38 to 42,

'Reported sales 1,500 bales.

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

186.00 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 1 lbs. 4.30 to 5.50

White Shirtings—54 to 56 rd. 2.90 to 3.25

58 to 60 3.50 to 4.00 64 to 66 -4.25 to 5.75 Fine.. 6.00 to 8.50 Book-folds 5.00 to 8.00

22

Victoria Lawns-12 yards 0.85 to 1.75 T-Cloths-Glbs. (32 in.), Ord'y. 2.30 to 2.80

7lbs. (32 ).

2.50 to -3.00 6lbs. (32 1, 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 Drills, English-40 yds., 184 )

4.75 to 7.30 to 14 lbs.

FANCY COTTONS—

Turkey Red Shirtings-1 to 1.75 to 4.00

Brocades-Dyed

DAMASKS

w

8 lbs.

THE HONGKONG WEEKLY PRESS AND

WOOLLENS-

per yarı Spanish Stripes-Sundry chops 0.77) to 2.25 German Habit, Med., and Broad Cloths 1.25 to 8.50

Long Ells-Scarlet, 7-10 lbs. 6.95

Assorted

Camlets-Assorted.. Lastings-30 yds., 31 inches

Assorted

Orleans Plain, 31 in.

to

per piece

to 9.20 7.10 Lo 0,45 12.50 to 33.00

12.30 to 22.50

10.00 to

Blankets-8 to 12 lbs. ......... 0.8 Fine quality

METALS-

per pair

to (,80 1.25 to 1.85

per picnl

Iron-Nail Rod

4.25 to

Square, FlatRoundBar(Eng.) (25

to

Swedish Bar

Small Round Rod

Roop # to 11/2 in.

3.00

4.30 4.50 to 6.50 to 9.60 to to

to

Wire, 16/25 o2. ..... Wire Rope, Old

PIECE GOODS.

Messrs. Noel, Murray & Co. in their Piece Goods Trade Report of 28th January, state:-There is next to nothing to report this week, business be ing practically at a standstill, brought about chiefly by the higher prices holders feel compelled to ask on account of the extraordinary position of

the home markets. Forward transactions are quite out of the question, as apart from the en- hanced prices demanded and the uncertainty regarding exchange, the effect on the trade if war should eventuate has to be taken into account. Everything now points to the outbreak of hostili ties almost at any moment, and, as it seems to be inevitable, the sooner it begins the better. It is pretty certain that foreign interests in the greater part of China will be well safe-guarded, so there should not be a very decided disruption of the trade, or more than the abnormal conditions now pertaining would warrant. The money mar ket dould scarcely be in a worse plight than at present, and exchange is quite disorganised-after ruling for months considerably below the parity of Silver it is now much above, and the possibility of its reverting to the former position at any moment keeps all the concerned guessing! The inability to pick up bargains privately appears to have caused more attention to be paid to the auctions, where prices for cottons have rallied in spite of the fact that payment is still called for before the native settling day. With cotton in Liverpool at 8.20d to 8.25d for Mid American and 94d for Egyptian the Manchester market is still soaring. Here and there it is possible to hear of! a small order going through for a special line of fancy goods, but to all intents and purposes pre- sent prices are practically prohibitive. The export of plain cottons this month up to the 22nd was 22,000,000 yards to Hongkong and China. Fron the States we learn that some of the earlier pur- chases for this market have been resold in New York on account of the war scare. The home de- mand continues good and consumers are taking considerable quantities of heavy cloths usually made for export. According to telegraphic advices cotton for July is now quoted 144 cents gold! There is enquiry still for yarns for the River markets, a large shipment having recently been destroyed by fire in the neigbourhood of Wuhu. Prices keep steady for immediate delivery, but holders decline to sell for after China New Year clearance. Local cotton is firmer.

}

HANKOW, 20th January. The prices quoted are for the net shipping weight excluding cost of packing for export

Per picul. Bowhides, best selected (Winter cargo) Tls. 32.00

Do. seconds Buffalo hides, best selected Goatskins,untanned (chiefly white colour),, Buffalo Horns (average 3lbs. each). White hina Grass (Wuchang and/or

Poochi)

13

35

"

""

[February 8, 1904.

Feathers (Grey and/or White Duck) ...„. 10,50

Turmeric

8.60

Sesamum Seed

"

4.80

Sesamum Seed Oil

8.00

Vegetable Tallow Seed Oil Wood Oil, Tea Oil

7.90

............... D

8.00

8.90

"

SHARE REPORTS.

HONGKONG. 5th February:1904.—A compara- tively fair business has been transacted since the date of our last report, chiefly in shipping stocks, which, with the exception of Hongkong, Canton, and Macaos, have all appreciated in value in consequence of the withdrawal of many Japanese steamers from various lines to meet the requirements of transport by the Government, and, in view of the increasingly unsettled state of Russo-Japanese relations, for other reasons political and economical. The general tone of the market, with the above excep. tion, has been weaker, and only a decreasingly small investing business has to be reported.

BANKS.-Hongkong and Shanghais remain unchanged and without business at the nominal rate of $645; London rate lso unchanged at £62. Nationals are quoted at $33 buyers ex the dividend of 3/6 per share paid in the 1st inst.

MARINE INSURANCES.-With the exception of No th Chinas, which are now quoted at Tla. 67 bavers, we have no changes or busi- ness t report under this heading.

for at $305 without bringing shares into the FIRE INSURANCES.-Hongkongsare enquired

market. China Fires remain unchanged with small sales at $92.

SHIPPING.-Hongkong, Canton, and Macaos were placed in the early part of the week at $13 and later at $304, market closing with sellers at the former rate. "Indos bave steadily improved during the week with sales at and between $74 and $79, closing with probable buyers at 879 and sellers at $79. On time a fair number of shares have changed hands at from $79 to $83 for July. China Manilas have improved to $201 after sales at $19 and $20. Douglas's, with an unsatisfied demand at $31, gradually improved to $34, at which latter rate shares can now be placed. Star Ferries unchanged and without business. Shell Transports have slightly improved, and sales have been effected at 20x.6d. market closing with probable buyers at 21s.

REFINERIES-Chinas Sugars, after small sales at $104, are in a small demand at $105. business. Luzons unchanged and without

MINING. We have no business or changes to report under this heading.

DOCKS, WHARVES, AND GODOWNS.-Hong. kong & Whampoa Docks have ruled very quiet with sellers at $209, and at time of closing at $208. Kowloon Wharfs have found buyers at $95 and elose in demand at that rate. Amoy Docks unchanged and without business. Farnhams have small local sellers at '1ls. 127.

New

LANDS, HOTELS. AND BUILDINGS.-Hong- kong Lands continue dull and neglected at $150 sellers. West Points have receded to $55 without sales. Hongkong Hotels have been placed at $146, and more shares are probably procurable at that rate. Humphreys have found further buyers at $113. Shanghai Lands have advanced in the north to Tls. 112.

COTTON MILLS.-No changes or business to report.

MISCELLANEOUS,—— Green Islands, after further small sales at $254, remain on offer at that rate. Chinu Borneos are enquired for

at 8 and Watkins at $7. Fenwicks have 28.00 improved to $51 with buyers. Watsous, and 22.00 Powells have found small buyers at quotations. 58.50 the latter closing with further buyers at $9.75. ,10.20

MAMOS.-Hongkong Rope Company Limited ordinary yearly meeting on 6th inst. Hong- 13.00 koug, Canton, and Macao Steam Boat Co., Ld., half yearly ordinary mesting on 6th inst. 11.50 Humphreys Estate and Finance Co., Limited, 11.50 ordinary yearly meeting on 10th February. 500 Transfer books closed from 3rd to 13th inst. 1150

Hongkong Ice Co., Ld., ordinary anunal.meet- ing on 10th February. Transfer books closed to 10th inst. Hongkong and Shanghai Bank- 950 15,00

ing Corporation ordinary half-yearly meeting instant. Transfer books closed 20th

White China Grass (Sinshan and/or

Chayu)

Green Bhina Grass Szechuen)

Jute

White Vegetable Tallow (Kinchow)

to

White Vegetable Tallow (Pingchew

and/or Macheng)

*

11/20

White Vegetable Tallow (Mongyu)

"

per yard

Chintzes-Assorted

Velvets-Black, 22 in.

0.9 to 0.26 to

-

Green Vegetable Tallow (Kiyu) Animal Tallow

0.47

0.25 to 0.26 per dozen

Velveteens--18 in.

Handkerchiefs-Imitation Silk 0.35 to 3.50

Gallnuts (usual shape)

Do. (Plum) do.

Tobacco, Ting chow Black Bristles

"

"

++

1-80

on

19,00 from 6th to 20th inst. Hongkong and Wham- 205 poa Dock Company, Limited, ordinary half-

yearly meeting on 22nd February.

*J

"}

118.00 books closed from 8th to 22nd inst.

Transfer

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