October 8, 1904]
+
The Tientsin Review thinks it will occasion some surprise to learn th t the Yokohama Specie Bank in Tientsin charges a discount of | 15. per cent. on the Japanese paper money issued for use in Manchuria!
The Tientsin Review remarks; Again | some of our too greedy contrabandists have been caught trying to smuggle arms, and the last consignment of some 50 revolvers belonging to a well-known German speculator were captured and confiscated on the s.s. Knivsberg.”
CHINA OVERLAND TRADE REPORT.
COMMERCIAL.
TEA.
HANKOW, 28th September. The following statistics published under the direction of the Hankowneral Chamber of Commerce were dated 28th Sept and include the following:
Business reported since the 21st inst is as under:-
1904. 1903.
-Chests. Chests.
nil
Settlementa.
The Austro-Hungarian Consul at Manila reports that exporters will find a ready and good market there for cotton and linen goods. black woollen hosiery, white underwear, dress goods (half woollens for trousers), towels, leather, glassware (tumblers, liqueur glasses. September, 1903. Tases, &c.), smokers' articles, and bone buttons.
Captain Blanchard has returned to Tien1sin from Newchwang with the steam tug and lighter belonging to the Taku Tug and Lighter Com- pany, which he took to the Lino River some time ago, laden with about 400 tons of timber and iron to be used in the construction of the new stores and godowns now being erected by Messrs. Bush Bros. at Newchwang. He coasted up the west side of the Gulf of Pechili and met with no adventures en route.
The Japanese Consul at Yingkow has tele- graphically informed his Hongkong colleague, who in turn advised the Colonial Secretary, to the effect that ships or vessels arriving in Yingkow from Hongkong, Canton and Swatow are no longer subject to guarantine from the 30th September last, the above mention d ports being declared to be no longer infected with .contagious disease; but the prohibition of importation of rags, waste-paper, hair, earth und manure is still enforced.
MR. James Mitchell, who has been trading in Shanghai, with offices in Hankow Road. as a commission agent, has mysteriously dis- appeared together with his compradore. He was last seen a week ago at the St. George's Farm, Bubbling Well, where it was noticed that his behaviour was somewhat strange, and he was very reckless with his money. Earlier in the same day he had been seen at the Hotel des Colonies, in
company with his compradore, who paid over to him there a considerable sum in coin and in notes. All enquiries on the part of Mitchell's friends and the police have failed to discover him, and there are fears, says the Shanghai Daily A News, that he may have met with foul play. warrant for the arrest of both men has been issued through the British Court.
Prince Ching as president of the Wai Wu Pu has memorialized regarding the working of a copper mine in Anhui by Sir John Lister Kaye. The Prince says in February of the present year he received a communication from the British Minister, together with a copy of the draft agreement between the former governor of Anhui and Sir John, as to the exploration and working of mines at various places. Now Sir John will relinquish five of the places and will only work a copper m ne at one place, asking the Board in return to give him permission to work the mine for a period of 100 years with an area of 30 li under ground. The Board after discussion has granted 60 years, limited to 20 li under ground, though the term may be extended by not more than 25 years by mutual consent after the expiration of the agreement, which is concluded on the basis of the new mining regulations.
nil
9.721
SUGAR.
273
HONGKONG, 7th October.-The prices are going downward, market heing weak. Shekloong, No. 1, White..... 88.80 to 38.35 pels.
2, White...... 7.40 to 7.46 1. Brown...... 5.95 to 8.00 2. Brown...... 5.85 to 5.00 ì, White...... 8.30 to 2. White...... 7.85 to
Do. Do. Do.
Swatow,
Do. Do.
**
10
10
32
8.85
"
19
"
1, Brown...... 5.75 to Do.
2. Brown Foochow Sugar Candy
7.40 5.80
"
5.55 to 5.60
H
12.40 to 12 45
10
Shekloong
..10.45 to 10.50 ""
nil
RICE.
Shipments to Shanghai on native
account The following are statistics at date compared with the corresponding circular of last season, viz., 30th
1904. 19 3.
Chests, Cheats. 583,841 536, 90
Hankow Tea.
Settlements
bipments to Shanghai on native
account
Stook..
Kiukiang Tea. Rettlement
HONGKONG, 7th Oct.~Good harvests are expect.
ed and the prices are declining.
Saigon, Ordinary.....
Round, good quality Long
•
Siam, Field mill cleaned, No. 2
11
Garden,
No. 1
91
Arrivals....
26,049 25,577 9,368 14, 40
619,2 8 575,8-7 1904. 1903.
White,
*
Fine Cargo
Shipments to Shanghai on native Stock
account
Arrivals
-Cheste. -Chests. 195,538 190,692
18.437 13,417 nil 793
213.575 204,492
The export to 23rd instant, as per customs returns stands thus:
Season 1904 to 19 5... 43,580,484 Ihs.
Season 1903 to 1901.. 34,323,291 Season 192 to 193... 36,941,319
Via Shanghai.
To Great Kritain
To United States and
Canada
To Continent To Russia in Europe
vid North To do To Shanghai
Re-exports. 13,192.3 1 lbs. 12,717.588 13..00,522
Total. Total. 1904-5. 1903-4. 19-2-3.
lbs.
Thx. 1. 6,339,965 6.174.516 1,748,7
.794
3,808,552 4,18,3 7 5,526,231 4.274,11 1,884,331 1,582,68
107,19) 13, 10,167 18,011 7:2 20,458,903 11,163,576 4,628,624 4.8/1,471 7,1-2,176
--
BILK.
CANTON, 10th September, 1904-Fifth Crop.- The number of bales available for export is about the same as last year, i.e., 8,000 bales. The quality and colour are only little better In the country the prime cost than 4th crop. ruling for 5th crop is $30 over our subjoined quo- tations. Long-reels.-During the first half of the fortnight prices continued to advance owing to the small stock on spot. Latterly enquiry has been less keen, and the market closes quiet but dea- * The lers are still very strong in their demands. Natives 11/13-13/15-14/18 are ruling more and more over the market, notwithstanding unpropor- tioned prices thereof. From sales made we quote: King Seng 11/13-13/15 at $845; Han King ching 13/15 at $785; Yee Wo Cheong 18/22 at $720; Soey Wo Cheong 11/13-13/15-14/18 at $750. Short-reels. ---The demand has been growing from New York; but contracts for forward delivery have been booked only to a small extent, owing to the high prices asked by, the Chinese. Many Filatures are giving up the Long-reels in order to spin which are comparatively more profitable at the current quotations. Waste Silk-Has attracted rather more attention from the European müket, though only a little business has taken place, Country prices have become much firmer, «speci- ally for the best qualities.
By
11
hort-reals,
"Natives or Market Cargo" we mean "Best 3me ordre" and "Sme ordre."
$2.20 to $9.30
2.45 to 2.50
3.65 to 8.70
...... 2.40 to 2.45 ...... 3.40 to 3.45 8.90 to 4.95 4.05 to 4.10
SAIGON, 23rd September. Mears. Wm. G Ha'e & Co., of Saigon, in their latest Circular state:-The market is weaker at the close but still unreasonably high considering that there is hardly anything to be called a demand for any quarter. The weather has proved seasonable enough and planting is going on briskly. We quote for October/November delivery.
No. 2 White sif ed (trie)
The president of the Chinese Board of Commerce suggests the appointment of the Messrs. A. R. Burkill & Sons, in their Silk Cir- directors or superintendents of commercial cular dated Shanghai 22nd September, state:-- affairs in the various provinces as commercial The Lame markets are quiet. Gold Kiling is delegates of the Board, so that they may exert quoted in London at 11/7 and in Lyons at Fcs. themselves on behalf of the Chinese merchants | 33 75. Raw Silk-Business in Tsatless has fallen and the Empire, the promotion of commerce off considerably in the last week. Go'd Kiling being necessary to save China from poverty and ha declined Tls. 7 per picul; but the rise in dismemberment by the greedy foreign Powers. Exchange has increased the laying down cost at Unless something is soon done for its salvation home. The mrket closes steady. Hand Fila- it will be too late, because the country will tures.- Futher sales of Crack Chops for America are recorded. New Styles are neglected. Steam gradually be drained of its silver, not only by
Filatures.-A fair number of settlements have the various old and new war indemnities and
Yellow Silk.- taken place at modrate prices
loans, but by its want of trade. The delegates will be commanded to consult the leading merchants as to the establishment of chambers of commerce, and the sending of youths abroad to study modern commercial methods. He believes in course of time, if under proper protection, Chinese merchants will be able to compete fairly with foreign merchants.
Very little doing. Waste Silk-Business has been done in Rolled Waste at very high rates caused by short sellers covering-quality is much inferior to last year. 400 Pels Honan 2 have been taken at 361; o mmon Szechuen Frisonets Pals. 300 at lls. 32; Kading Frisonets Pels, 150 at 35. In Gum wastes, Curlies etc., we do not hear
business.
of any
steam milled (mixed)
per picul.
No. 2 White unsifted (ordinaire)
+
steam milled (mised) 5% Cargo steam milled (mixed) 10% z0%
$3.32
$2.90
$2.76
$2.56
The following is a statement of this year's exports of White Rice, Cargo Rice and Paddy
Destination.
Hongkong
Shanghai
Tonkin and Annam
Manila
Iloilo
Cebu
Japan Corea. Singapore... Batavia.. Passoeroan
Fourabaya
Samarang. India
Noumea Madagascar Reunion Europo
Total Picula.
..2,178,000
13,000
500
.1,481,300
280,000 885,900
.1,046,400
34,500
99,600
A
$1,200
113,440
30,100
32,600
300
24,000
41,400
228,100
.2,663,400
Total....
.8,099,400
OPIUM.
HONGKONG, 6th October, 1904.-We bag to continue our advices of the 22nd Ultimo, since when the movements in our various Opium mar- kets have been as follows:---
Stocks as per circular of
22nd October, 1904,
Malwa, Patna, Benares. Persian.
Sept. 23rd Imports per Malta.. Sept. 28th
Oct. 4th
31
C. Apear
719 2,014 1,391 2,206 448.
179
969 479
1,995 2,438
Na Hang
270 125
1,185
85
8,462
412
188
211
620 181 460
Less Exports to Shanghai Less Exports to East and`
West Coast Ports including Local Consumption for the fortnight..
Estimated Stocks this day
889) 2,430 1,646 1,978 Bengal-The deliveries having improved there is a better feeling in the market which has been fairly active. Closing quotations are $1,100 for Patna and $1,067) for Benares.
Malwa. There has been a good demand at the following prices
New
2 years old
3
3+
4/5
29
+1
Oldest
$1,070/1,110
$1,140/1,160
$1,180/1,200
$1,200/1,208
$1,300
Persian. Prices for good qualtity are 820/860.
HONGKONG, 7th October.—Quotations are: - Allowance net to 1 catty. Malwa New
$1100 Maiwald
$1160 Malwa Older
*****. . $1280 Malwa V. Old.... $1300 Persian fine quality ...$880 Persian extra fine Patna New Patna Old
to $1140 per picul.
to $.200
do.
to $1280 to $1320 do. to
do.
do.
.$910 to .$1100
do.
per chest.
do.
do.
do.
Benares New.....................$1060 Benares Old.............$1070
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