362
COMMERCIAL.
TEA.
THE HONGKONG WEEKLY FRESS AND
Waste, Long Shantung, B. Frisonets and Honan Waste, but there seems to be no enquiry for these goods at prices demanded.
SUGAR.
HONGKONG, 11th Nov.-The position of the market is nearly the same as when last reported. Shekloong, No. 1, White......$8.80 to $8.35 pc:s
2, White.. 7.40 to 7:45),
Do.
Do.
Do.
Swatow,
ܐ܂
11
1, Brown...... 5.90 to 5.95
7.35
++
2, Brown.... 5.75 to 5.80
No. 1, White..... 8.25 to
8.35
Do.
"1
1
"
2, White.. 7.30 to Do.
1, Brown...... 5.70 to 5.75 Do.*
2, Brown 5,55 to 5.60 Foochow Sugar Candy 12.45 to 12 50 Shekloong
.10.40 to 10.45
Steam Filatures. Continental buyers still con- tinae to take fair quantities of fine fixed steams. Waste Silk.-Business has been on a small scale, 50 Pals Curlies have changed hands at Tis. 84 and stocks of the material are almost exhaus- Messrs. Welch, Lewis & Co. of Shanghai, inted. There are stocks of Pierced Cocoons, Tussah their Circular dated 31st October, state-Black Teas.-No business has been put through since the 17th instant, the settlements reported were made before our last circular. Stock consists principally of common grades, which the Teamen are holding for prices well over buyers' ideas at present. Green Teas, Pingsuey.—A fair demand has existed for chops of good Medium quality at Tls. 27-28 per picul, shewing a steady market ;. lower grades are weak with only a small enquiry. Country Teas.-There has been a demand for good quality Teas, and prices have remained steady. Very little has been done in Medium grades and rates are weaker, but no quoteable decline has taken place. Common Teas are in Large stock, Teamen have been forcing sales and the small business put through, shews a decline of Tis. 1 1 per picul since our last advices. Local Packed.-Teamen are finding it almost im- possible to sell these Teas in chops, and are lining them out. Stock is of very coarse quality. Hyson. During the interval a demand has sprung up, Fine" quality Teas have sold at Tis. 50-60 per picul, shewing a rise of Tls, 3-5 per picul, Medium quality have been dealt in at Tls. 38-45 shewing a steady market, Common Teas are weak. Foong Mees and Sou Mees.-The market for "Good" quality Teas continues to be strong, "Good" Foong Mees selling at Tis. 45-55, and Sou Mees at Tls. 62-70 per picul. The Steck is small of Medium quality and prices are unchanged. Fy- chow Foong Mees are selling slowly at Tls. 30-33, showing a decline of Tls. 2 per picul. Total Settlements since 17th inst.:-23,613 half-chests. Total settlements since opening of market to date-286,981 half-chests; stock, 27,613 half- chests. Last year's figures were:-Settlements 372,712 half-chests; stock, 65,439 half-chests. Settlements of Hyson and Young Hyson since opening of market to date:-Arrivals, 131,866 half-cheats; settlements, 121,463 half-chests stock, 10,403 half-chests.
From commencement of Season the Export of Tea to Great Britain has been:
D
#
|
RICE.
HONGKONG, 11th Nov.-The prices are slightly declining, market being weak. Saigon, Ordinary.
11
Siam,
"
Round, good quality Long Fold mill cleaned, No. 2 Garden,
White, Fine Cargo
11
No. 1-
OPIUM
$2.25 to $2.30 2.30 to 2.35 2.61 to 2.65 2.30 to 2.35 240 to 2.45 3.50 to 3.85 4.00 to 4.05
HONGKONG, 10th November.-Quotations are:- Allowance net. to I catty. Malwa New
$1100 to $1150 per picul. Malwa Old
.$1220 to $1250 do. Malwa Older
to $1300 do. Malwa V. Old...........
........$1270
$1340 to $1380 do. Persian 'fine quality ...$ 860 to
.do. to
Persian extra fine Patna New
Patna Old Bonare's Now Benares Old
do.
per chest.
.do.
...$ 885 $1185
td to
..$1187) to $1137 to
HEMP.
do.
do.
Black, Ibs. Dust, lbs. Green, lbs. Messrs. Warner, Barnes & Co., Limited, in their Total to date, 1904.,25,463,745 574,927 1,908,269 fortnightly report, dated October 31st, state-The
1903.. 7,330,879
3,186,071 henip market over the past fortnight has been 1902.. 5,102,738
2,920,081-strong and at times excited, and the large propor- From commencement of Season the export of tion of arrivals found buyers on the basis of $22 ea to the United States and Canada has been:--- for fair current. The last two or three days have. Black, lbs. Green, lbs. been calmer owing to news of an attempt on the Total to date, 1904......6,235,998 12,600,401 part of hear sellers in London to stem the tide of 1903 ......5,862,308 15,460,515 advancing prices, and values here have reacted a 1902 ......9,535,721 14,968,295 little. To-day a few small parcels could be acquired From commencement of Season the Export on the basis of $21.50 for current or say at ex- of Tes to other European porta
change 2/14-£41, 10/- f.o.b., but dealers generally Black, lbs. Brick, lbs. Green, Ibs show no disposition to sell to arrive on this basis. Total to date, 1904.20,833,560 2,555,599 1,385,202 The advanced prices had caused a rush of ready
1903. 2,485,167
1,389,803 hemp which we expected-in view of the general 1902.. 1,810,998
967,881 reports from provinces of scarcity in arrivals from. From commencement of Season the Export the interor-could-hardly be maintained. of Black Tea direct to Russia has been —
is borne out by receipts which for the past week. Total to date, 1904......
854,667 lbs. are only 14,000 bales, and the estimate for present ..12,388,860
and coming weeks are reduced to respectively 1902....
19,000, and 15,000 bales, or say 16,000 average .18,815,201 From commencement of Season the Export over the three weeks. In view of this shortage in of Tea to Bombay and other ports has been :- receipts which looks like continuing for some time Black, lbs. Green, lbs. we can hardly expect the attempt to reduce prices 511,867 in London to still further under the parity of cost. tó. meet with great success, the more so as Sisal fibre seems to be advancing and, the U.S. markets continue firm.
12
1903.
Total to date, 1904
"
"
55,467 1903......... ..187,836 787,868 1902
48,011 664,418 From commencement of Season the Export of Green Tea to Batoum and Novorossisk, &c., has been :- Total to date, 1904
1903
Green. 4,699,998 lbs. ...9,598,133, ...........7,769,991, 1902 ..... The Export of Tea to Russian Manchuris via Port Arthur, Newchwang and Tientsin has been:
Black, lbs. Brick, lbs. Green, Ibs. Dust,
1904. 3,207,735 16,412,145 114,667 1.
1908...82,415,433: 25,807,334 2,017,255 109,333 1902...28,488,762 5,496,670 2,271,823 655,297
SILK.
PIECE GOODS..
This
Messrs. Noel, Murray & Co's. Piece Goods Trade Report, dated Shanghai, 3rd November, states :— With a shorter interval than usual since our last, and the Race holidays taking up the greater part
of it, there is not much to write about. It is not always the case, but on the present occasion there is absolutely nothing to hinder those engaged in this branch of the trade from enjoying the holi days, which after all only occupy the afternoon. There is great expectation that something. mo- mentous will occur in counection with the War to-day, the birthday of his Majesty the Emperor of Japan, but up to the time of writing no news The chief centre of attention has come to hand.
Messra. A R. Burkill and Son's Silk Circular, dated 29th October states -The home markets are firm. Hold Kiling is quoted in London at: 119 and in Lyons at Fcs. 32. 75. Raw Silk-Business at present is Newchwang, which according to has been on a small scale this week. The country latest news is likely to close to trade about the markets are asking prices above home ideas. 20th inst. Cargo is being hurried up with all Gold Kiling is quoted at Tis. 570, but at this price no business has resulted. Yellow Silks.- Have been in fair demand this week. Stocks of best grades are very low and proportionately high prices are asked. Hand Filatures. Very little business doing. Holders are firm in rates owing to the small quantity available for this season.
despatch but the fresh supplies are coming forward with disappointing slowness. No doubt the paucity of supplies here, especially in the case of Drills, is accountable for in some of the other lines. Large quantities of Raw Cot- Padding clothes. There is rather more doing for
ton continue to go up, most of which is used for
[November 14, 1904
Tientsin both in Piece Goods and Yarn, the pro- spects being decidedly more cheering, but it is improbable that there will be any great improve- ment until the financial arrangements there have undergone à radical change. The death of the aged Viceroy of Nanking, after only a very short time in office, is the most noteworthy event as regards the Yangtsze; this important post is to-be filled temporarily by a decidedly progressive Official, at present the Governor of this province, whom all Foreigners would like to see confirmed in the appointment. As Shanghai is the centre of enlightenment and progress in this country, it be a liberal minded man, with some knowledge is only meet that the presiding functionary should
and appreciation of the advantages of modern modes and ideas. Piece Goods. The market is practically bare of stocks in first-hands, the few transactions reported being almost invariably resales, or goods to arrive. Those latter are eagerly waited for and taken away from the steamer. The clearances during the interval have been fairly satisfactory.. Although there not much improvement noticeable in the direction of the River markets. The Corean steamer did
not take very much. on account of the scarcity of suitable cargo. There is a good enquiry for Yarns, spinnings wanted for the River markets showing better results. The Bombay market is excited, prices have advanced, and it is said 80,000 bales have been settled for the Spring trade here. Cotton keeps fairly steady owing to the demand from both Newchwang and Japan. Advices from Manchester report a strong market on account of the demand for India. Late de- livery is the order of the day and transactions are being considerably curtailed thereby remains the same, 5.32d, so far as Mid American is concerned, but Egyptain has advanced to 8 d. This is somewhat inexplicable in face of some transactions recently put through in goods made with that staple. The export of Plain Cottons to Hongkong and China last month was 35,000,000 yards, and 800 bales of Yarn. The market in the States is very firm; but a small-business is still going on nevertheless, of which 3,000 bales Pep- perell Drills is reported at Tls. 9 d., and some Sheetings on the basis of 9s..21d. to 9s. 3d. for 3.50 yard and 9s. 11d. to 10s. 1d. for 3.25 yard goods. Great complaints are still being made of the very inadequate forwarding arrangements.
MISCELLANEOUS IMPORT. HONGKONG, 4th November. The prices ruling are as follows:
COTTON YARN—
Bombay-Nos. 10 to 20, English-Nos. 16 to 24,
22 to 24,.... 28 to 32, **...
per bale
.$ 90.00 to $128.00 114.00 to 120.00 120.00 to 128,00
136.00 to 142.00
138 to 42,... 155.00 to $170.00 Reported sales 55,000 bale. COTTON PIECE GOODS---
Grey Shirtings-6 lbs.
7 lbs. '8.4 lbs. 19 to 10 lbs.
per piece 2.20 to 2.80 2.35 to 2.50
3:20 to 110 4.10 to 15:50
per piece
to 13:10
3:20
to 3:75
4.00
to 06:50
6.20 to 8.25
COTTON PIECE GOODS-
White Shirtings-54 to 56 rd, 2.90.
58 to 60 64 to 66. Fine Book-folds 5.50
Victoria Lawns-12 yards 0.80 to T-Cloths-6lbs. (32 in.), Ord'y. 2.25 to 2.50 7lbs. (32,, ), 2.75 to 13.00 2.75 6lbs. (32;;), Mexs. 2.25
3.00 to 3.25
71bs: (82,,);
8 to 8.4 oz., (36 in) 3.20
Drills, English–40 yds., 134 |
to 14 lbs.
5:25 FANCY COTTONS-
200
to 8.00
Turkey Red Shirtings 1 to 180 to 8.90
8 lbs.:
Brocades-Dyed
·Damasks.
Chintzes Assorted Velvets Black, 22 in: Velveteens--18 in.
per y
Bto
to
0.23 to $0.46 0.21 to 0.27 per dozen
Handkerchiefs-Imitation Silk 045 to 0.75
WOOLLENS
Spanish Str Germa Habit Med
Long Elle Sca
Camlets
per yarı
dry chops 0.70 to
d Broad Cloths
AB Assorted
Orleans Pla
0.60 to 0.75 00 to $50
per piece 80 to 9:50
10:00
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