446
MISCELLANEOUS IMPORTS. HONGKONG, 3rd June. The prices ruling are as follows:-~ COTTON YARN-
Bombay-Nos. 10 to 20, English-Nos. 16 to 24,
31
22 to 24,
28 to 32,
11
""
38 to 42,
Reported sales 100 bales. COTTON PIECE GOODS-
Grey Shirtings-6 lbs.
11
.$ 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
2,25
to 2.50 2.55 to 2.75 3.20 to 4.30 4.40 to 5.90
7 lbs. 8.4 lbs.
9 to 10 lbs.
COTTON PIɛca Goods-
White Shirtings-54 to 56 rd.
per piece 2.90 to 3.20 58 to 60 3.40 to 4.00 64 to 66 4.25 to 6.00 Fine......... 8.50 to 8.57 Book-folds 6.00 to 8.50 Victoria Lawns-12 yards 0.80 to 1.25 T-Cloths-6lbs. (32 in.), Ord'y. 2.30 to 2.76
7lbs. (32,, ),
3.00 to 3.30 6lbs. (32,, ), Mexs. 2.50 to 3.00 7lbs. (32,, ).
3.25 to 3.50 8 to 8.4 oz., (36 in.) 3.50 4.55
to Drills, English-40 yds., 13}
5.50 10 8.25
JT
"
to 14 lbs. j
8 lbs.
2.00 to 4,50
0.14 to 0 15
FANCY COTTONS—
Turkey Red Shirtings-14 to
Brocades-Dyed
Shanghai 2nd June. Messrs. Noel, Murray & Co., in their report on the Shanghai Piece Goods, say --Business here is commencing to drag again. Clearances are not so good and, therefore, there is not that desire to replace. An important settling up is ahead-the fifth moon, which falls on the 18th inst, and is said to be already making its influence felt. Cer- tainly everything seems to be much quieter and importers generally are getting a little despondent. The Manchester market opened after the holidaya with an easier tendency in sympathy with Cotton, but the good demand for India does not allow a decline in the same ratio, in fact it seems to have been already discounted. The latest quotation for Mid American in Liverpool was 6.90d. and for Egyption 7d According to the fortnightly telegrams the shipments for the month must show a big falling off. The New York market is quiet and easier. Just at the last moment we hear a small business has been successfully negotiated in Drills, but Sheetings are still a dead letter. The market for imported Yarns is exceedingly quiet and the attmpt to persuade holders to reduce prices has resulted in the almost entire stoppage of business. This market is actually so much under Bombay, and has been for some
weeks now, a substantial advance is necessary to bring recent purchases out with- out very serious loss. The Japanese Spinnings are a shade easier, but local Yarn is firmer.
REPORT ON THE TRADE OF COREA, 1903. This has just been published; it opens thus :- "There can be no doubt that the trade of Korea is a plant of lusty growth which, with a little help, may be relied on to thrive and develop. Every year adds its own catalogue of unforseen discouragements to those which have been antici- pated and allowed for as part of the fixed condi- tions of trade in Korea; yet trade continues to flourish, and in spite of temporary checks to in.
THE HONGKONG WEEKLY PRESS AND
fling, and all the descriptions of Cottons imported may for practical purposes be classed as either Japanese or British. These two divisions continue to be nearly equal in value, with a slight advan- | tage in favour of the British, a relative position which would scarcely have been predicted at the end of 1900. In that year the leading Japanese Cottons, namely Sheetings, Imitation Korea Cloth, and Yarn, which in 1894 had totalled only en 249,654, reached their culminating point with a total of yen 2,944.000, coincidentally with a marked decline in the importations of British Cotton. Since 1900, however, there has been a large falling off in the importations of Japanese Yarn and Native" cloth, which has not been made up for by the increase in Sheetings, while British Cottons have fully recovered their position."
MISCELLANEOUS EXPORTS.
Per N.D.L. steamer Bayern, sailed on 25th May For Colombo-80 rolls mats. For Suez-2 cases blackwood ware. For Genoa-118 bales raw silk. For Antwerp:-125 bales split bamboo, 50 bales feathers. For Antwerp, Bremen and Hamburg - 200 bales bamboo. For Antwerp or Hamburg :- 28 rolls matting. For Amsterdam:-2 cases cigars. For Rotterdam:-67 bales canes. For Bremen :- 46 rolls matting, 30 cases effects. For Hamburg 100 bales canes, 27 rolls mats, 5 cases feathers. For London :-750 rolls matting.
ves.
Per steamer Alcinous, sailed on 26th May. For Suez:-5 packages firecrackers. For Constau- tinople:-79 packages matting. For Havre or Hamburg or London-62 cases bristles. For Antwerp -236 bales feathers, 25 bales tobacco, 75 cases bristles. For London or Antwerp:-217 bales canes, 50 cases bristles. For London or Glasgow:-230 cases preserves, 302 casks preser- For London or Manchester :—50 bales waste silk. For Manchester:-5 tales waste silk. For Glasgow:--5 packages effects. For London: 1073 packages firecrackers, 301 rolls mats, 89 bales canes, 30 bales feathers, 346 casks soy, 250 casks ginger, 16 cases hair, 80 cases chinaware, &c., 405 boxes tea, 500 bales hemp, 36 cases shells, 17 cases personal effects, 8 packages horns, 30 cases essential oil. For various ports: -40 packages sundries.
Per P. & O. steamer Simla, sailed on 4th June. For London :- 294 half-chests tea, 100 boxes tea, 45 bales raw silk, 170 rolls matting, 1 case silks,
2- cases birdfeathers, 100 bales waste silk 5 cases hair, 5 empty flasks, 2 cases sundries, 28 packagos personal effects, For Milan :-60 bales raw silk. For Manchester:-225 bales waste silk. For Lyons:-154 bales raw silk, For St. Chamond:-10 bales raw silk. For Marseil-
les:-68 bales raw silk, 1 case feathers (optional,)
5 bales hair.
Per steamer Oldenburg, sailed on 4th June. For Singapore: 70 rolls matting. For Colombo:- 20 cases preserves For Aden:-40 cases cassia. For Odessa-55 bales canes. For Alexandria:— For Naples:-250 cases 5 cases glass bangles. cassia, 16 cases curios. For Genoa-600 cases For Ve ice-50 cases Cassia, 31 bales raw silk. cassia. For Antwerp:-265 bales bamboo scraps, 42 rolls matting, 25 cases chinaware, 14 cases sun- dries 6 cases human hair. For Antwerp or Ham-
[June 13, 1904.
Per P. & O, steamer Pera, sailed on 8th June. For London:-54 bales feathers, 2 cases cigars, 1 case coffee. 14 cases woodware, 24 chinaware, 10 cas08 copperware, 8 packages sundries, 3 cases cigara.
SHARE REPORTS. HONGKONG. 10th June, 1904.-Activity has beeu replaced by comparative apathy, and we have to report a dull market for the latter part of the week under review. Rates however with a few exceptions have been fairly well maintained, and it is reasonable to conclude that the tempor ary slackness is but a lull after the exceptional activity of the last two months.
BANKS.-Hongkong and Shanghais:-The London rate has risen to £66 10s. Locally shares are obtainable at $667 and a slightly lower rate would probably be accepted. Nationals continue steady at $39, with small sales and close with further buyers.
MARINE INSURANCES.-Unions have been placed at the reduced rate of $540, but close at the last moment with further small buyers at that rate. China Traders have found buyers at $61, closing steady. North Chinas, after locl sales at Tis, 62, are in a small demand. Yangtszes remain unchanged and without business. Cantons have been placed at 3212 and $2113.
FIRE INSURANCES.-Hongkong Fires con. tinue to be enquired for in a small way at $310, and Chinas after sales at $86) close s'eady ❘ at $87.
SHIPPING. Hongkong, Canton, and Macaos remain neglected at 330 with little or no busi- ness to report. Indo-Chinas during the week have returned to the erratio stage and it is difficult to give a reliable cash quotation and $118 sellers must be taken as more or less nom-
inal. On time a few transactions have been put through at rates proportionately lower than the supposed cash rates, but shares are not offering very freely and buyers appear somewhat inclined to take advantage of the lower rates, China and Manilas remain an. changed and without business. Douglases have changed hands at $36. Star Ferries have ruled steady at 8:32 for old and $23 for new Transporis continns quiet with sellers at 253. with small sales of the ormer only. Shell
and no sales.
REFINERIES. China Sugars during the week bare been placed at $165 and $166 for cash, at $17 for August and $171 for Septem br, while rather a large parcel is reported to have been done at an exceptional rate for the former mouth. The market closes steady at $165. Nothing to report in Luzons
MINING. Preference Punjoms have changed hands at 25 couts and are now enquirei for at 40 cents. We have no further business to report under this heading.
DOCKS, WHARVES, AND GODOWNS.-Hong- kong and Whampoa Docks have ruled quieter on account of a few settlemen: shares being put on the market. Sales in the early part of the week were affected at $215, and $2151 even was
burg:-130 cases bristles. For Antwerp or Ham-reported; later however the best rates obtainable
burg or London :-10 cases bristles. For Amster- dam-111 rolls matting, 25 casks ginger. For Bremen:-453 rulls matting, 2 cases effects. For Bremen or Hamburg-121 bales feathers, 12 cases chinaware. For Hamburg :-57 cases china- ware, 33 boxes blackwoodware, 11 bales canes, 9 cases feathers, 8 cases sundries, 3 rolls matting, 1 box bristles. For Copenhagen :-137 bales feathers, 80 rolls matting, 2 cases blackwoodware, 1 case Bilk.
Per steamer Deucalion, sailed on 7th June. For Manchester :-200 bales waste silk. For London
were $215 and $214 for cash and delivery 30th inst. at which a few shares changed hands. Kowloon
harves continue on the downward
path with sellers at $109 with no more apparent
reason for the decline than thero was for the recent rapid rise. Market manipulations appear to be the cause of the present comparative weak. ness. Farnhams in the early part of the week were quoted from Shanghai at the reduced rate of Tls. 150, but themarket has since recovered to Tls. 155, but with sellers.
crease in a remarkable manner. There is unfor tunately no evidence of any increase in the pro- duction of the Korean staples-Rice, Beans and Grain-which from the chief basis of this healthy trade, and for which Japan, with its growing population, offers a practically unlimited market close at hand. Now the country is under Japan- ese tutelage this will no doubt be speedily recti- fied and the farmers given the encouragement that so far has been lacking. Currency troubles there have caused the same hinderance to trade as in China, and naturally the shadow of the coming war fell upon the commercial world and
LANDS, HOTELS, AND BUILDINGS.-Hong. deepened as the year drew to a close. The or Manchester:-100 bales waste silk. For An- | kong Lands bave ruled neglected, with little or gross total of the trade shows a satisfactory in- twerp:-20 bales canes, 450 cases cassia, 50 bales no business at $1574 at which the market closes crease and established a record; but there is a dis- feathers. For Odessa:-30 bales canes, For with sellers. Kowloon Lands continue in de- parity between Imports and Exports which has London or Glasgow:-150 cases preserves. For | mand at $364 without bringing any shares on rised to over three and a quarter million yen, but London or Hamburg or Antwerp:-252 bags ore. the market. Humphrey's Estates have been a great proportion of that was due to the railway For London or Hamburg or Bremen or New placed at $12 and small rates are reported at materials imported with the capital of the Japan York:-400 half-chests tea. For London:-158 slightly under that rate. West Points and ese Company building the Seoul-Fusan Railway: packages tea. 400 boxes tea, 53 boxes curios, Hongkong Hotels remain unchangel and with- the money paid for wages and supplies in connec- effects, &c., 40 cases preserves, 100 cases bristles, tion therewith being a valuable addition to the 14 cases cigars, 73 cases chinaware, EO cases income of the country. As regards the trade in aniseed, 140 cases fans, 70 cases essential oil, 200 Foreign Cotton Goods, while showing little if any casks soys, 350 casks ginger, 499 bales canes, 250 progressive tendency, it is fully maintained. The bales chinaroot, 350 bales feathers, 1,080 bales importations of American Cotton are as yet tri- ́ hemp, 690 rolls matting.
oat business, but the latter close with a weak tendency. Shanghai Lands have advanced in Shanghai to Tls. 110.
COTTON MILLS.-Nothing to report under this heading.
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