358
HONGKONG.
Captain Merlin, late of the China Merchants Co., has been appointed captain of the French Canton river steamer the Charles Hardouin.
The steamer Chihli-Messrs. Butterfield and Swire-brought down 103 Indian details from Tientsin. A fine passage was experienced down coast. The soldiers are on their way home from Hongkong by an Indo-Chins steamer.
eye
THE HONGKONG WEEKLY PRÈSS AND
COMMERCIAL.
SUGAR.
Hongkong, 6th May.-There is no change in the prices as when last reported.
Do.
重量
shekloong, No. 1, White......$8.35 to $8.40 pels.
2. White...... 7.45 to 750 1. Brown, 5 85 to 5.90 5.70 to 5.75 8.25
Do.
H
Do.
"
2, Brown.
No. 1, White
8.20 to
"
Do.
15
2, White .....
7.36 to
7.40
Do. Do.
"1
1, Brown...
5.75 to
5.80
5.80 to
5.65
15
12.70 to 12.75 10.85 to 10.90
H
2, Brown. Foochow Sugar Candy Shekloong
Numerous firms took up their tenancy in Swatow, Alexandra Buildings on Monday. Now that the bamboo scaffoldings have been removed from the building its handsomeness appeals to the
and is generally being remarked upon. The Electric Light Co. are laying cables to the Peak and the lower high levels, so that very soon the whole of the island in its residen- tial parts will be enjoying the benefits of electric light.
On the 4th inst. the first steamboat load of pilgrims left Hongkong for the Shekwan Festival, which lasts for about a week. To-day and Sunday next several steamres will be run for the convenience of excursionists.
On Wednesday evening fire broke out at the Tram-car Station, situated near the Bowring- ton Canal. It appears that some workmen were fixing the roof, when a youngster, assisting at the work, capsized burning charcoal, from a rivet-heater, on to a sheet of tarred felt. In- spector Collet turned out, but his assistance was not required, as the fire was put out with a hose from the Sugar Refinery. The damage is esti- mated at $250.
The Band of the German cruiser Hansa, by kind permission of Rear-Admiral Holtzendorff, gave another orchestral concert at the Theatre on the 3rd inst. under the able direction of Herr Bertram, the bandmaster of the ship. The following was the programme on this occasion:
PART 1.
Weber
Overture......... "Der Freischutz" String Quartette (a) "Traumverlien" Komzak (b) "Bosnische Legende" Komzak Selection......... "Tannhauser"
Wagner!
Fantasie..
PART 11.
"I Pagliacci
Leon Cavallo Delibes
RICE.
*
HONGKONG, 6th May. The prices are declining, market being dull. Saigon, Ordinary
17
Round, good quality Long
Siam, Field mill cleaned, No. 2
Garden,
No. 1 White,
*
Fine Cargo
11
COAL.
$2.85 to $2.90
3.85 to 3.90 4.00 to 4.05 2.90 to 2.95 3.20 to 3.25 4.30 to 4.35 ........ 4.40 to 4.45
The arrivlas of coal up to date, at Hongkong have been 31,100 tons of Japanese coal and 37,170 tons of Welsh coal, all sold; and 19,000 tons of Japanese coal is expected to arrive shortly.
COTTON.
HONGKONG, Cth May, :-Small business, with a light decline. Stock about 1,900 Lales.
Bombay...
Bengal (New), Rang on
and Dacca.. Shanghai and Japanese, Tungchow and Ningpo, Sale:-200 bales.
YARN.
28.50 to 29.50 picul
29.50 to 32 00
31.59 to 32.50 31.50 to 33.00
37
17
Mr. Eduljee, in his report, dated Hongkong, May 6th, says-As premised a fairly brisk de- mand been experienced throughout the fortnight, and over 7,000 bales are reported to have changed hands. Prices however show little or no change, but there is a hardening tendency for best qualities, while common kinds are weak. Spot stocks of favourite desirable tickets of No. 20s are almost all sold, and the attention of
Intermezzo (a) Naila" Introduction (6) "Der Pfeiferkoenig" Mannfeld Hungarian Rhapsody... "No. II"
Liszt The previous
has public performances of the Band insured for them another full house which was equally as demonstrative in its appreciation as the audience at the concert given about ten days ago. and encores to the majority of the items on the programme were kindly given by way of acknowledgement. Especially enjoyable was the string quartette and indeed the entire programme was rendered in a manner deserving high commendation It is seldom indeed that Hongkong is favoured with orchestral concerts of such excellence.
The audience last night included H. E. the Officer Administering the Government and Mrs, May. H. E. Major-General Villiers-Hatton C.B., the Officer (ommanding H.M's Forces and Mrs. Villiers-Hatton. At the conclusion of the concert the Band played the British National Anthem.
The fine four-masted steamer Kanagawa Maru, belonging to the Nippon Yusen Kaisha's European line, left Hongkong for Japan on the 3rd inst. after a 24 hours' stay at this port. She left London shortly before war broke out, arriving at Malta on the 7th February, when she heard of the war. The vessel had a valuable general cargo on board, some 5,000 tons in all; and she found herself in a very dangerous position. Information was received at Malta that a Russian fleet was not only cruising in the waters of the Mediterranean, but was right off the port. Nothing could be done but re. main in the neutral harbour, so Capt. John McKenzie "twiddled his thumbs," and did shift-ship for 20 days. On the 27th February he heard that the Russian fleet had steamed away in a certain direction. He at once got the anchor aweigh, taking the opposite direction, and dodged off under the shadow of the African coast. It was common knowledge that Russian warships were infesting the waters of the Red Sea, so his only route was to steam right around the "Dark Continent." The Kanaquica Maru arrived at the Cape de Verde Islands in due course. Next she called in turn at Cape town, Durban, Singapore, and finally Hong kong.
not
|
dealers is turned to the neighbouring markets as well as Bombay for further supplies, and some contracts are reported. No. 63 are in better request, and No. 8s are wanted, but the market is bare of favourite chops. With comparatively larger
off-takes our stocks show a small decrease on last
estimate, and as receipts are now on a much restricted scale and likely to continue 80 till the end of the cotton season, prospects ahead aro far from discouraging.
Local Manufacture Continues quiet and no business is reported.
Japanese Yarns-Are very firm, settlements No. 20s at $133, and 50 bales No. 328 at $192; of the fortnight comprising 200 bales Shenshu
close strong.
Raw Cotton-Nothing doing either in Bengal or China descriptions, the ideas of both buyers and sellers being too wide apart to lead to business.
Stocks are estimated at 700 bales
Indian and 300 bales Chinese. Quotations are Indian $27 to $31 and China $30 to $33.
Exchange on India after some fluctuations closes to-day at Rs. 133 for T/T and Rs. 1331 for Post. On Shanghai 72) and Japan 871.
The undernoted business in imported and local spinnings is reported from Shanghai during the fortnight ended the 22nd ultimo, viz:
Indian-A comparatively small business has been effected but at steady prices, total sales No. 10s, 275 bales No. 128, 200 bales No. 168 and amounting to 1,500 bales, comprising 400 bales 6:5 bales No. 20s. Estimated unsold stock about 25,000 bales.
Japanese-Were in brisk demand, sales aggre- gating 2,200 bales and prices showing an advance of one to two and a half Taels especially in No. 168, which are now quoted 11s. 93 to 100 and No. 20s Tls. 100 to 104; close firm.
Local-Continues very dull, the only business of the fortnight being the sale of 100 bales No. 208. at Tls. 100. Some of the mills are run- ning short time.
yarn
[May 7, 1904.
MISCELLANEOUS IMPORT.
Messrs. Noel, Murray & Co. of Shanghai, in their Report dated 28th April, states :—Early in the interval certain news appears to have reached the Native dealers here from which they gathered it was quite safe to ship goods to Newchwang, and that market being in urgent need of supplies arrangements were at once made accordingly. A local steamer was taken up, after a fairly heavy insurance had been effected on it against war risks, and some 6,800 packages piece goods and and 3,500 bales nankeens booked for it; but we hear that owing to a difficulty in getting cover for more than Tis. 200,000, the local Insurance Companies having filled their lines, some of the engagements are being cancelled. In the mean- times holders of goods in Tsingtao and Chefoo have taken advantage of the situation and are shipping from those ports, so shippers here are afraid they may be forestalled. Unless the demand is very limited there is not much fear of that, for stocks at those ports cannot be very large. Fully one half of the Foreign goods going consists of Indian yarn, and the bulk of the remainder American sheetings. Bome idea of the prices ruling there may be had from the fact that Pepperell drills are selling at Tls. 11.00, but it must be remembered that the freight and insurance charges are exceptionally heavy, and the Newchwang tael is twenty-five per cent. dis- count! Unless the reports the Russians are circulating and the advertisements they are causing the Chinese Customs Authorities to believe and publish concerning the dangers to navigation are all bluff, the steamers must run considerable risk from the mines that are said to have been laid down. So much preparation seems to have been made to defend the port and prevent the landing of the Japanese, we would not be surprised if it is left severely alone, as any attack there would only lead to complications_owing to the interests there of neutral Powers. There are other routes to Moukden! The Tientsin market is not showing signs of much activity, in fact the dealers here persist in des- cribing it as "very sick." At the same time it seems to be taking a steady supply of most goods from here, though possibly doing a more hand-to- mouth business than formerly. There is an absence too of fresh orders from Hankow, where goods do not seem to be moving with any great freedom. No complaint can be made of the clea- rances from here, however, all our dependencies taking their fair quota, but the totals for the year thus far show a big shrinkage in all cotton goods,” saving Japanese and local yarns. The tone of the Manchester market is certainly easier; makers are evidently running out of orders and want to sell. From the latest advices quotations are distinctly nearer the prices ruling here and counter offers are asked for. These the dealers are disinclined disposed to submit sporting bids on their own to make, but importers of regular cloths are more
The prices for
are steadily declining, the latest quotations from Liverpool being 7.744. for Mid American and 84d. for Egyptian. The export from Lancashire for the fortnight ending 22nd inst, was only 3,000,000 yards, which indicates the commencement of the falling off in plain cottons; but it is doubtful whether prints and dyed goods are following suit, although it would be very desirable, especially as regards the former. No one seems to waste money over the New York market, which presumably keeps much above this. There is a better enquiry last Report amounting to nearly five thousand for yarns, the sales of Indian spinnings since our
bales, while both Japanese and Local have met with a little attention. Quotations for Native cotton are about unchanged, but there is a good export enquiry both for Japan and Europe.
account.
cotton
HONGKONG QUOTATIONS. HONGKONG, 6th May.
Beans
Borax
$3.95 .$17 @ 17)
Camphor (China).
$140
Cassia (First quality)
$21
(Second Oil
.$13
..$157
11
Cloves Fennel Seed Oil Galangle Glue.... Grapes Ivory
$12
55
$330
.824 @ 6
.$26
Kismisa Olibanum Rosa Oil
Saltpetre Sandal wood
Oil
Senna Leaves..... Sugar Candy Vermilion
$16
.$220 @ 650
$10 @ 14- .85 @ 25
$60 @ 175 .$9.80 @ 10.80 .827 @30
$300 @400 .$2 @ 4 .$10 @ 10.20 .$83 @87
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