194
COMMERCIAL.
TEA.
THE HONGKONG WEEKLY PRESS AND
1
MISCELLANEOUS IMPORTS.
HONGKONG, 12th Feby.-The prices ru'ing are as follows:---
The export was apportioned among the shipping Cott ·N YARN—
As follows:---
7 Dodwell & Co., Ld. New York Lime...4,565,72x 9 Glens
5 German Mails
lbs.
.3,224,350
.2,816,559
.2,024,780
...1,618,410
.1,102,80 1,013,500
15 P. & O.'s
11 O. S. S. Co, & C. M. S. N. Co, Ltd
2 India Line
2 America Asiatic Steam N. Co.
5 Hamburg-America-Line
2 Russian Volunteer Fleet Steamers
1 Bens
Sundry Steamers for transhipment in
Hongkong
59
Bombay-Nos, 10 to 20, ...$ 90.00 to $128,00 English-Nos. 16 to 24,
120.00 128.00
19
22 15 21. 28 to 32. 38 t 42,
Reported sales 1,500, bale,
114.00) to 120.00 to 136.00 to
142.00
153.00 to 171100
per piece
COTTON PIECE GOODS-
.1,010,611 ·
Grey Shirtings-6 lbs.
7 lbs.
354,377
8.4 lbs.
115,962
.1.` 51,645
19,398,772
2.30 to 2.40
2.50 to 2,81 .. 3.50
to 4.25
5.5 1 White Shirtings--54 to 56 rd. 2,90 to 3.75 3.50 to 4.00 64 to 66 4.27 to 6.73 Fine... 6.00 to 8.50 Book-folds 3.00 to 800 1.75
9 to 10 lbs. 4.30
to
58 to 60
Foocrow, February 12th.-The Foochow season is cow finished.-
South America 155,037 » Australia & N.Z. 1,597,040..
United tates and
Canada
11
Victoria Lawns-12 yards 0.83 tn T-Cloths ---6lbs, (32 in.), Ord'y, 2.30 10 2.80
7lbs. (32.. ).
2.50 to 3.00 filbs. (32 ), Mexs, 2.50 tu 3.00 to 3.30 to 4.05
7lbs. (32
).
3.10
8 to 8.4 oz., (36 in.) 3.39 Drills, English–40 yds., 13} ! 4.75 to 7.30
to 14 lbs. >
Europe
1903-4 10,016,04 lbs
1902-3 8,771,036 lbs.
"
1,138,697
19
11,229 821 1,016,42 3,253,468 5373735
11
FANCY COTTONS→
"
Turkey Red Shirtings-1 to
8 lbs. A
?
11
Broe des -Dyed DAMASKS -
1.75 to
to
9,453,303
South Africă... $90,500
Coast Southward2,875,633
11
Northword 7,360,151
Ja
In 1901-02 the total export was 31,561,780 Ibs and in 1902-01 it was 40,342,284 lbs.
SILK.
Messrs. A. R. Burkill & Sons, in their Circulat, dated 25th of February, state:-The home markets are quiet. Raw Silk-since our last circular dated February 11th, business has been practically suspended owing to Chin New Year holidays. Gold Kiling, which opened after the holidays at 480, has since advanced to 505, the market closing firm.
SUGAR.
The "Kube Market Report" of the 16th February has the following with reference to the sugar market: - Hongkong Refined.-Exchange heig against operations, there is practically no business to report. Under the influence of the advanced rates of Osaka Refined, prices are, however firm. Beet. Since the 11th instant the duty on Russian has been raised from £08271 to 21 Col per 100 kia. Prices in consequence have advanced e............ siderably. The demand, however, has been i... terfered with by transportation facilities having been temporarily monopolized by the Goverment. There are only very small stocks of German and American left, and quotations are uerely nominal. Oska kefined-At auction ou the 3rd instant 10 000 bags were sold at advances over last sale of from 20 sen to 39 sen.
Hongkong 4th March.There is no change in the prices as when last reported.
Chintzes-Assorted Velvets-Black, 22 in. Velveteens-18 in.
4.00
per yard 0.94 to 0.26 to 0.471 0.25 to 0.26 per dozen
3.0 Handkerchiefs-Imitation Silk 9.35 to
per yard Spanish Stripes - Sundry chops 0.774 to 2.25
WOOLLENS-
Ge min
:
to
Habit, Med., and Broad Cloths 1.25 to 3.50
For piece to Long Ells- Scarlet, 7-10 lbs. 6.95 9.20
Assorted
7.10 to 9.5 12.59 to 33,00
12.50 to 22.50
10.00 to
MUCALE -
iron - Nail Rod
Square, Flat RoundBar( Eng.) 1.25 Swedish Bar Small Round Rot Poop to 11 2 in.
per P
to 180 to 1.85
Camulets-Assorted.. Lastings- 30 yds., 31 inches
Assorted Orca Plain, 31 in.
}
Blankets
410 12 lbs. Fine quality
Wire, 16 25 oz. Wire Rope, Old
F.G! 1.25
por picul 125
to to 4.30 to 1.70 to 6. ko to 9.50 to 3.00 to
METALS-
per picul
Do.
11
2, White....
Do.
"I
1, Brown...
"1
2, Brown...
7.65 to 7.70 5.80 to 5.85 6.65 5.60 to No. 1, White...... 8.55 to
71
25
"
Lead, L. B. & Co, and Hole Chop 8.30
Australian Yellow M'tal- Muntz 14 20 uz, 41.00
8 00
"
Do.
2. White
7.60 to
7.05
tu to to Vivian's 14 20 62.41.00) to Elliot's 14 20 oz.41.05)
830
Do.
1. Brown...... 4.90 to
4.95
FE
Composition Nails,.
Do.
2, Brown...... 4.74 to
4.73
Foochow Sugar Candy
12.80 to 12.85
Japan Upper, Slabs.. Tin
..61.00 to
38.50
to 77.50 tu
"
Shekloong.
.10.70 to 10.75
RICE.
Tin-Plates
Steel ¦ to Quicksilver
Shekloong, No. 1, White......$8.65 to $8.70 pels. |
Do. Swatow,
$3.15 to $3.20
HONGKONG 4th March.-The downward ten - dency continues, market being dull.
Saigon, Ordinary
Round, good quality ......... 3.70 to 3.75
Long
Siam, Field mill cleaned, No. 2
D
No. 1
3.90 to 3.95 3.6 to 3.70 3.80 to 3.85 4.40 to 4.45 4.60 to 4.65
4th March.-
Garden,
White,
1
Fine Cargo
OPIUM.
Quotations are:-Allowance net. to 1 catty.
Malwa New
Malwa Old
Malwa Older.
Malwa V. Uld
Persian fine quality.
Persian extra fine
Patna New
Patna Old..
Benares New Benares Old
$900 to $920 per picul. ..$930 to $970 do. $1,050 to $1,070 do. $1,100 to $11,20 do. $890 to
do. ..$900 to
do. $1,260 to per chest.
to
do.
.$1,2471
to
do.
to
do.
Window Glass
per box.
7.00 10 per cwt. cases
3.30 to .160.00
to
per box 4.25 to
Messrs. Noel, Murray & Co. Piece Goods Trado Report of 25th February, states -Since the date of our last Report the Native New Year holidays intervened and suspened trade entirely for a week. The annual settlement of accounts appears to have been satisfactorily arranged in almost all branches of business, the only one that suffered at all heavily being Silk. Tea did well, and also Banking, while the Piece Goods dealers managed to divide about a million and a half of taels, though perhaps not very evenly. Still, consider- ing the very exceptionally trying times they went through during the last thirteen moons, it is a matter for congratulation that the result was so good, and will enable the trade to be carried no,
:
[March 7, 1904.
The
even during the depressing period at present ahead of it, with more confidence and hopefulness than would otherwise have been the case. apprehensiveness that not unnaturally existed concerning the future course of trade, on account of the political situation has been somewhat allayed by the initial successes of the Japanese fleet, whereby interport trade will be less liable to interruption; and but for the unfortunate | presence in Fort of an isolated Russian gunboat intercourse with Japan by the steamers of that country could be resumed. The River trade is quite unimpeded, and although the Insurance Companies are charging as much as two per cent. for war risk on goods in Chinese steamers, and a half per cent. on English steamers for the Northern Ports it seems to be quite unnecessary. The market nominally opened on the 22nd inst. with a few of the usual complimentary purchases, but buyers appear to have found some difficulty in finding importers with available cargo who were willing to sell. However, some 1,500 packages have been booked, chiefly medium makes of Grey and White Shirt- ings of all weights. Buyers then stopped to see what the results of the auctions would be, and, considering Exchange was fully 5% lower when the last Yuen Fong sale took place, the prices realised this morning were distinctly satisfactory, although it must not be overlooked that the quantity was considerably reduced. The financial position, not only here hut all over China, promises to be the great drawback to trade again this year. The Native Banks have been unusually late in starting business, although nominally opened, and the distribution of credits to their constituents is greatly restricted. They have found it very difficult to get in outstanding accounts and, it is said, are short fully ten laes that should have come down from Newchwang before settling day, but unfortunately the outbreak of hostilities caused such a serious drop in Exchange there, it was impossible to romit. Tientsin is not yet out of the wood, and in spite of her seemingly growing prosperity is just as devoid of money and credit as ever, many of the old accounts carried over from 1902 being still owing to the Banks here. It is to he anticipated in consequence that business with that market will continue to be a hand to mouth one, only such goods being sent up as are required for immediate conumption, and for which cash can be paid. The prospects for trade with the Yangtsze Ports are very good indeed, but for the back of financial facilities. Shippers are ready and anxious to send'gouds to Corea, but there are no means of doing so at present. No doubt that will be managed when the Japanese steamers resume their ruuning. The river Peiho is reported open unusually darly, and already steamers have been despatched from here, but taking only about 5,000 bales of Yarn and Picca Goods, of which the formar comprise the bulk. The Tugs and lighters were to have been undocked yesterday, and the steamers are expected to get up to the Bund this spring tide. Moderate supplies have already been going up via Ching-Wan-Tao. The Man- chester market is firm at the slight reduc- tion which has taken place there, but no orders are going through from this under present, circumstances. After dropping to 6.944. for Mid American, Cotton has since recovered to 7.40d. Egyptian has remained about steady at 9d. The Export for this month promises to be fairly large again, it amounting to 15,000,000 yards for the two weeks ending the 19th inst. The discrepancy in the percentage between the quantity and value of Yarns is significant, and plainly shows either that manufacturers must have been supplied with raw Cotton for weaving purposes at moderate rates, or spinners of Export Yarn were able to command relatively much higher prices than the weavers. There is very little reliable news of the New York market, enquiries for quotations only evoking quite impossible prices. The trade will have to eke out what there is here already, for a fair quantity of the goods ordered in the late Autumn were resold in New York, and since the 19th October the shipments to China have only heen 8.353 packages, a portion of which arrived before the close of last year. The market for Indian Yarns has been active at an advanes, a fair quantity of No. 103. hoing taken for Tien-
tsin and Chefoo and the balance for the River Ports. Local spinnings are neglectsd
MISCELLANEOUS EXPORTS.
Per P. & 0, steamer Socotra, sailed on 4th Feb. For London:-200 packages tea, 385 rolls mats and matting, 202 boxes tea, 36 packages black- woodware, 1 case cigars, 31 casos feathers, 5 bales waste silk, 30 cases essential oil, & cases personal effects. For Glasgow:- 1 case cigars. For London and Hamburg-34 bales feathers. For London, Hamburg and Antwerp:---20 cases bristles.
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