274
-COAL.
Messrs. Hughes and Hough, in their coal report of to-day's date, state that five steamers are ex- pooted at Hongkong with a total of 13,000 tons of Japan coal and 6,000 tons of Welsh. Most has been sold. Since 22nd September 33,900 tons of Japan coal, and 8,000 tons of Hongay have arrived all sold. The market is dull with small sales of Japanese. Quotations:
Cardiff.. Australian
Tubari Lump... Müki Lump
$18.00 ex-ship. $11.00 ex-ship.
$12.00 ex-ship, nominal $10.01 ex-ship, nominal Moji Lump.. .$6.50 to 10 00 ex-ship, stendy
COTTON.
HONGKONG, 7th Oct. :-No business to report: market quiet. Stock about 350 bales,
Bombay...
28.50 to 30.50 per pel. Bengal (New), Rangoon) 30.50 to 33.00
and Dacca... Shanghai and Japanese, 33.00 to 34.00 Tungchow and Ningpo, 33.00 to 34.00
YARN.
Mr. Eduljee in his report, dated Hongkong, 7th October, says: The fluctuations on the other side are reflected in our local market and the depression last reported has been more pronounced during the fortnight. Business continues to drag, high prices check consumption, and considering the season of the year sales effected are the shortest on record. Prices have further receded $1 to $2 per bale and are weak at the close.
Holders are anxious sellers, and would submit to still greater concessions if any large quantity could be placed, but for anything beyond urgent require- ments dealers will not offer at any price. Latest telegraphic advices from Bombay make that mar- ket weak and declining owing to greatly improved prospects of the New Cotton crop, consequent on timely rain in most of the cotton growing districts. We close dull and quiet with prices tending
downwards.
Local Manufacture:- Nothing doing, the scar- city of the raw material curtailing production.
THE HONGKONG WEEKLY PRESS AND
the previous year. Drills declined by 21,500 pieces those of Japanese manufacture being the only kind to show an advance. Jeana improved from 35,777 to 40,058 pieces, the English and American weavings sharing the increase about equally between them, while a small consignment of Dutch Jeans, the first for many years, is to be noted. The demand for the Printed and Fancy Cottons and for Cotton Flannel shows a steady advance. Cotton Yarn is said to have been sup- plied to a considerable portion of this province via Tsingtao, but since the arrivals of yarn of all kinds amounted during the past year to 147,812 piculs, a good average import, the new method of distribution has evidently not yet seriously diverted this trade from Chefoo. There is yet time therefore for local capitalists to heed the writing on the wall and, before it is too late, set about building the railway so strongly advised in the last Annual Report. English and Indian spinnings continue their downward course, giving way to Japanese Twist, which reached the high figure of 122,731 piculs, against 107,043 piculs in the previous 12 months. Woollen Goods and Metals both show a slight decline as compared with the figures of 1902. Piece Goods.-Inter- rupted by two Bank holidays, including the Chinese settling day, when Exchange quotations were not available, our market has not had much opportunity of showing what it can do during the interval. A revival in the enquiry for New- chwang is noticeable and fair quantities of Piece Goods and Yarn have already been shipped in that port.
Renewed orders from the Japanese Government have also to be noticed, but any transactions that have gone through have been almost entirely with second hands, importers themselves at present holding very little cargo. and what they have to arrive has already been sold, the exceptiong being very few. It is reported the Japanese have exploited the Tientsin market as well, for American goods and are supposed to have taken some 4 to 5,000 bales for shipment further North. It is a mystery not yet solved as to what these purchases of Cotton goods are intended for. Trade with Tientsin remains very quiet, though some enquiry has sprung up for Yarns, in which Chefoo has also figured to a small extent. The River trade, which is practi- cally dominated by Hanbow, is not very brisk; clearances thence keep up fairly well, but fresh orders come forward very slowly. The re-exports of dyed goods, however, during the last two months have been really remarkable, especially to Hankow, and being articles of luxury may be taken as a sure sign of prosperity in spite of all the pessimistic views that are expressed about the trade. The natives continue to hold very sanguine ideas about the future and are, ap-
Japanese Yarn:-With the exception of a sale *of 75 bales No. 16s at $1314 $131 no business is reported, the home markets being greatly excited. Raw Cotton:- Sufficient rain has fallen in India to ensure an average cotton crop and prices in Bombay have dropped heavily in sympathy with the American markets. Loca ly there has been nothing doing in Bengal descriptions. Unsold stock about 300 bales. The first importations of new Bengals may be expected in about 3 to 4 weeks, A drop of $1 per picul in rates has induced some business in New China cotton and sales of 200 bales (small) have been reported at $321. Quotations are Indian§28 to $32 and China (30 toparently, not yet satisfied with what has already
$33.
Exchange on India after slight fluctuations closes to day at Rs. 136 for T/T and Rs. 136 for post. On Shanghai 714 and on Yokohama 901.
The undernoted business in imported and local spinnings is reported from Shanghai during the fortnight ended the 23rd instant, vi
India:-Total sales 6,000 bales, comprising
950 bales of No. 108, 160 bales of No. 128, 195 bales of No. 16%, and 4,695, bales of No. 20s, prices showing a decline of fully two taels and market closing weak. Estimated unsold stock about 35,000 bales,
Japanese-Considering the decline in Indian spinnin s these threads are keeping very steady and sales of 2,000 bales are reported on the basis of Tls. 92 to 101 for No. 168 and Tis. 100 to 103 for No. 208 market closing strong,
Local:-With slightly easier prices for raw cotton nearly 11,000 bales ave changed Lands on the basis of Tls. 88 for No. 10s. Tls. 901 for No.
12, Tls 91 to 93 for No. 14s, aud Tls, 931 to 95 for No. 168, closing firm.
PIECE GOODS.
Messrs. Noel, Murray & Co., in their Piece Goods Trade Report, dated Shanghai 29th Sep- tember, states:In the Annual Report on the Trade of Chefoo for 1903, the Commissioner of Customs there remarks, although the year under review shows a record volume of trade, that in Foreign imports marks a decline, and this is attributed partly to the opening of the Tsingtao-Chi-nan-fu Railway. Imports from Foreign countries direct, chiefly Japan, show a slight increase, but from China porta-Shanghai almost exclusively-a decline. Grey and White Plain Shirtings aggregate a total of 317,595 pieces, against 425.043 pieces imported during 1902. T-Cloths, of which 149,635 pieces arrived, show an unchanged demand. Sheetings of all kinds fell from 644,257 to 570,745 pieces, the American, English and Indian makes having all lost in popularity, while the supply of the Japanese variety was more than double that of
been bought for the Spring trade. It makes one almost shudder to think what the effect would be here in the event of two or three substantial Russian victories and a dear money market, as was suggested by an importer recently! However, there are few here who seem to entertain any doubt about the result, and amongst the natives especically so. The home markets, despite the drop in Cotton eep very strong, for the reason that the forward business with which they are full up, is all based on the intrinsically lower prices of "Futures," Constant telegraphic enquires are kept up with Manceester as to what can be done, market are taken it is impossible to buy anything bat unless some of the less known makes on this
In some cases even so far off as August has been for shipment much before next March or April. accepted. Cotton in Liverpool has come down with a run to a 5.24d. for Mid-American, but is
firmer for Egyptian 74 The export for the last two weeks is 20,000,000 yards so supplies are beginning to come on in earnest. The New York market is strong and unbending as regards domestics, but a fairly large quantity of Cotton Flannels has again been booked for distant delivery. The revival of the enquiry for New- chwang has put life into our market for Yarn and a fairly heavy week's buying has resulted.
MISCELLANEOUS IMPORTS. HONGKONG, 7th October.-The prices ruling are as follows:-
COTTON YARN---
Bombay-Nos. 10 to 20, English-Nos. 16 to 24,
27
22 to 24,
字母
►
28 to 32, 38 to 42,
Reported sales 5,000 bale: COTTON l'IECE Goons—
Grey Shirtings~6 lbs. 7 lbs. 8.4 lbs.
per bale
[October 8, 1904.
CoTTON PIECE GOODS
per piece White Shirtings-54 to 56 rd, 2.00 to 8.10 58 to 60 8.20 to 3.75
04 to 66
Fine...
"
官重
4.00 to 5.50
6.20 to 8.25
Book-folds 5.50 to 8.20
Victoria Lawna-12 yards
3388
0.80 to 1.10
T-Cloths6lbs. (32 in.), Ord'y. 2.25 to 2.50
7lbs. (32 },
2.75 to 3.00
11
"J
8lbs. (32 ), Mexs. 2.25 to 2.75 7lbs. (32,, ).
"
3.00 to 3.25
8 to 8.4 oz., (36 in.) 3.20 to 4,00 Drills, English-40 yds., 185.25 to 8.00
to 14 lbé.
FANCY COTTONS—
Turkey Red Shirtings-1 to 180 to 3.90
Brocades-Dyed Damasks.
8 lbs.
per yard .0.13 to 0.14 to.
**
Chintzes-Assorted
0.09 to 0.17
Velvets-Black, 22 in. Velveteens-18 in.
0.23 to
0.45
0.21 to
0.27 par dozen
per yard
Handkerchiefs-Imitation Silk 0.45 to 0.75
WOOLLENS-
Spanish Stripes-Sundry chops 0.70 to 2.50 German
0.80 to 0.75 Habit, Med., and Broad Cloths 1.00 to 3.50
HONGKONG QUOTATIONS. HONGKONG, 7th October, 1901
Beans Borax... Camphor (China)
(Formosa)
Cassia (First quality) (Second Oil,.. Cloves. Fennel Seed Oil Galanglo Glue....
Grapes Ivory..
Kismiss Olibanum.. Rosa Oil Saltpetre... Sandal wood..
"
Oil..
Senna Leaves... Sugar Candy.. Vermilion.. Wax
Per
$3 @ 4 $15
16
$110 @ 115
$120
$18
$16
$160 @ 170 $20 @ 40
.$330 @ 340
$3 @ 5 $15 @ 20
89 @ 13 .$200 @ 600
$10 @ 14
$6 @ 19
.860 @ 175
$10 @ 11
$ 5 @ 30
$300 @ 400
.32 @ 6 .89.@ 11
.880 @ 85
.831 @ 37
MISCELLANEOUS EXPORTS.
steamer Tydeus, for London, Amster- dam and Antwerp, sailed on 28th September. For Suez ---200 cases cassia, For Port Said - 50 cases cassia. For Marseilles :--100 bales canes, 100 bales waste silk. For Odessa:-950 cases cassia, 34 bales galangal. For London -1754 packages tea, 514 rolls mats and matting, 1,055 bales hemp, 21 bales chinawaro, 8,245 bales preser- ves, 383 casks preserves, 94 packages canes, 47 cases Bristles, 345 bales feathers, 102 casks soy, 22 cases sundries. For London or Glasgow:-1,150 For Lon- cas's preserves, 3,400 cases preserves. don or Leith:-100 cases preserves. London or
Continent:-108 cases canes, 107 cases bristles, 40 cases essential oil, 300 cases cassia, 199 bales cas- sia, 13 cases cantharides, 67 bales galangal. For Dundee:-99 casks preserves. For Rosario- 500 packages firecrackers. For Buenos Ayres:- 475 packages tea. For Rotterdam, Amsterdam, For Hamburg or London:-790 bales cassia. Amsterdam-200 casks preserves, 50 rolls mat- ting. For Rotterdam-199 bales hemp, 50 cases ginger, 15 kegs ginger. For Rotterdam or Ams- terdam: 80 packages ginger. For Antwerp 50 rolls matting. For Antwerp or Hanburg :-25 cases bristles.
Per steamer Bayern, sailed on 28th September. For Colombo:-74 rolls matting. For Aden :-- 750 bags sugar. For Naples:-190 half-chests tea. For Genoa-200 balea waste silk, 124 bales raw silk. For Antwerp:--200 cases cassia, 100 bales bomboo scraps, 100 bales feathers, 30 cases preserves, 7 balas blackwoodware, 3 cases ten. For Antwerp or Hamburg--20 cases bristles, 6 bales feathers. For Antwerp, Hamburg or Lon- .$ 90.00 to $128,00 | don:----10 cases bristles. For Bremen:-149 half. 120.00 chests tea, 140 rolls mats, 10 cases ginger, 4 cases 128.00 «undries, 3 cases effects, 2 cases curios, 1 roll mat- 142.00 ting.
For Breman or Hamburg-100 balea 170.00 feathers. For Hamburg :-521 bales feathers, 228 bales cane, 180 half-chests tea, 100 casks preser- ves, 15 cases bristles, 12 cases blackwoodware, 12 cases ginger, 10 rolls matting, 5 cases feathers, I case silk, 1 case paper boxes For Hamburg or London:-250 cases cassia, 500 bales cassia, For Copenhagen -50 cases cassia.
114.00 to 120.00 to 136.00 to 155.00 to
per piece
2.20 to 2.80 2.45 to 2.50 3.20 to 4.10
9 to 10 lbs. ...
4.10 to 5.50
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