*
70
COMMERCIAL,
SILK.-
estre. A. R. Burkill & Sons's Bilk Circular dated Shanghai, 14th January, Slates:-The home inirkets are firm. Gold Kiling is quoted in London at 12.3 and in Lyons at Fes, 84. Raw 8:14. The market continues dull with only a Coarse Silks very moderate demand for Taatless. and Kashings have, however, received some at- tention. Yellow Silks.-Are in small demand. Steam Filators.-We only hear of a few small Hand Filatures —A small pur- transactions. chase of crack chops for America, and about 200 bales lower grade China Filatures for the continent are about the only transactions report ed.
Tussah Filatures.-A small business" has been done on the basis of Tls. 265 for Spinning Girl, and 322) for Single Man 8 Cocoons. Silk-Very little doing. We hear that 400 picula Honan I have been settled at Tis. 80.
SUGAR.
Waste
HONGKONG, 27th Jan. The position of the market is the same a2 when last reported. Shel loong, No. 1, White..... $8.75 to $8.80 pels.
2. White...... $7.75 to $7.80
Do.
T
Do.
1
Do.
Swatow,
Do.
Do
Do.
*
"
6.10
婆婆
8.65
"
7.75
1, Brown...... 6.25 to 6.30 2, Brown.... 6,05 to No. 1, White...... 8.60 to 2, White...... 7.70 to 1. Brown...... 6.03 to 6.10 2. Brown...... 5.90 to 5.95 Foochow Sugar Candy .12.90 to 12.95 She loeng
.........10.90 to 10.95
14
4 RICE.
נו
++
"
HONGKONG, 27th Jan.-The prices are going
downward, market being dull, Saigon, Ordinary
Round, good quality
Long...
Siam, Field mill cleaned, No. 2
No. 1
30
$2.20 to $2.25 3.90 to 3.95 3.95 to 4.00
...... 2.55 to 2.60 2.75 to 2.80 ... 4.00 to 4.05 ......... 4.25 to 4.30
Garden,
"
White,
Fine Cargo
单曲
Į
OPIUM.
Quotations are:- Allow'ce net. to 1 catty.
27th January.
to $1090 per picul.
do. to $1160
do. do.
Malwa New
$1070
Malwa Old
$1140
Malwa Older
$1200
to $1220
Malwa V. Old......
$1250
to $1270
l'ersian fine quality...$880
Persian extra fine......$90
to to
do.
do.
Patna New
Patna Old
per chest.
do.
'do.
do.
Benares New
Benares Old
..$1127 to to $10/77} to $ to
COTTON. Honekone, 27th Dec.:-Decline of $1), induced a market business, Stock about 4,000 bales.
$20.00 to 22.50 per pcl. Bombay... Bengal (New), Bangoon) 22.00 to 24.50
and Dacca.... Shanghai and Japanese, Tungchow and Ningpo, Reported sales 800 bales.
YARN.
25.00 to 26.50
"
25.00 to 26.50
"
Mr. Eduljee, in his report, dated Hongkong 27th January, says :-Sales reported during the past fortnight are somewhat in excess of those noted in our last report, but contain a fair pro- portion previously sold, advices of which were kept back. Values have been hardly maintained, and at the close dealers are offering lower prices, but as far as can be ascertained, no break in prices has occurred. After the turn of the China New Year, dealers lead us to expect a resumption of demand from the country, pending which we cannot expect any reaction in values. The market closes quiet and the business of this native year may be donsidered to have almost come to an end, pending the revival for clearance after the holidays.
Local Manufacture-A heavy concession in rates has induced a trifling business of 200 bales
No. 10s at $102 to $103.
the
Japanese Yarn Continues very quiet, ideas of both sellers and buyers being too wide apart to lead to business.
Raw Cotton Despite the strong position that holders in Bombay have assumed, our market here is irresponsive and controlled purely by local influences, and at a further decline of $1 to $2❘ pr picul some 750 bales Superfine Bengal have changed h⚫nds at $281 fo $29). The unsold stock is estimated at about 6,500 bales, exclusive of about 1,000 bales recently arrived on account of our local mill. There is nothing doing in China Cotton : quotations are $20 to $23 Bengal, and $25 to $27 China.
(January 28, 1905. THE HONGKONG WƑEKLY PRESS AND
Exchange on India has advanced in sympathy. There has been some attempt to book goods for. laneous goods of well-known chops and finishes. with Barsilver and closes strong to-day at Rs. 1491; for T/T and Rs. 1 9 for Post. On Shanghai nominal and on Yokohama 98).
|
४
the
The undernoted business in imported and local spinnings is reported from Shinghai duri fortnight ended 14th instant, viz :----
Indian-The decline in these spinnings has attracted more attention especially in No. 10s, total sales amounting to close upon 8,500 bales, prices showing a decline of one to two Tales, Nc. 10s suffering the most. Estimated unsold stock about 40,000 bales.
Japanese :-There is a fair enquiry at slightly easier prices, and sales to the extent of 2,700 bales are reported on the basis of Tls. 89 to 95 for No. 168, and Tls. 91 to 101 for No. 203.
Local: No business is reported from first
hand, but judging from resales in the market, prices are drooping.
PIECE GOODS.
Messrs. Noel, Murray & Co., in their report on the Shanghai Piece Goods Trade, dated Shanghai, 19th January, states :-During t e interval now under review the most important event has been the very plpable attempt to break up the neutrality of China, or to forge some excuse for acquiring a much n eded port as a base of opera- tions on rer rea-board. It is satisfactory to learn that the foreign Powers are fully alive to the importance of ke ping this country out of the embr glio, and so afeguarding the enormous At the same interests of foreigners out here. time it shows up, the possibilities of what may happen if the greatest vigilance is not maintained and all b on the alert to counterpoise any attempts that Russia may be forced to make in
order to extricate herself from the terrible straits in which she is now ia. The news, too, that the Baltic Fleet is ordered to come Fast after all, presents every chance of grave complications arising, not to say serious interruptions to the regular course of trade, as any neutral steamer may be liable to be held up on the excuse of This added to the searching for contraband. uncertain, not to say shaky, state of the financial position out here will give importers a very Ag anxious time of it for some months to come. regards the current business there is little to say. The efforts the local dealers are making to uphold the market appear to be very succes ful, judging by the resales that are published. Certain grods are in request, and in spite of increasing stockst of most commodities, are taken away promptly on arrival. Those of the dealers or merchants who have the command of money are taking advantage of the present fair rates of sterling exchange to pay for some of their forward purchases, leaving the goods on storage, the rate at present obtain. able for ready ca h showing quite a considerable margin compared with the rates Banks are ffor ing to draw at after China New Year. way money is coming in fairly well, bu clearances are poor as a rule, though shipments to the Morthern markets via Chinwangtao are being made with some freedom, the Newchwang mer- chants having bought from second hands this week fully 2,000 bales of American Sheetings. The shipment of Rice from Wuhu and Chinkiang to the Southern Ports is in full swing now, prices being exceptionally low on account of the very The large number of the unal heavy crop. coast boats being engaged in this trade, has caused a scarcity in tonnage for the North. The Hankow merchants have not yet placed their usual orders, trade there not having recovered from the Goods are results of the financial troubles.
coming in now
In this
rapidly, especially from and Stocks are accumulating. | Manchester,
The quotations received from Manchester have been decidedly irregular. Some of the more popular makers are fully engaged up to October next, but others are willing to accept orders for earlier delivery at a qubstantial reduction, though fortunately for this market it is by no means general. Cotton is a bit firmer, Mid-American being 3.87d. in Liverpool, the New York quotation being 7.01 cents for March delivery. Egyptain in the former market remains the same, namely 6 d The market in the States keeps very firm for both sheetings and drills, and further advices have been received of the inability of some mills to fulfil contracts on time, owing to drought. Piece Goods-The feeling of more con- fidence appears to be gaining ground, and though we have not heard of any actual transaction from first hands, several resales are published, which, if correct, are decidedly sati-factory. On the other hand the suctions do not show up so welk notwithstanding the fact that delivery is extend ed until after the settling day! A small forward business has gone throught in jeans and drills for late delivery, and retail quantities of miscel
|
delivery after China New Year, but on the basis of present rates of exchange, which holders do not quite see.
HONGKONG QUOTATIONS, HONGKONG, 27th January, 1905
Beans Borax
19
Camphor (China)
(Formosa). Cassia (First quality)
(Second
Oil
19
1+
Glue.......
Grapes
$3/4
$13/18
$110/120
..$125
..$19/21
JO
$15/18
.8160
Gloves..
$20/28
Fennel Seed Oil
$335
Galangle
.$3/5
:$23
.30/14
.$250/875
$16/18
..$5/20
.$60/176
9/11
$27/28
Oil...
$800/400
$3/9
.$13/14
$75/80
.$80/38
Kismiss
Olibanum..
Rosa Oil............................ Saltpetre... Sandal wood...............................
+1
Senna Leaves... Sugar Candy. Vermilion. Wax...
MISCELLANEOUS EXPORTS. HANKOW, January 1t8h, 1905: The prices quoted are for the net shipping weight excluding cost of packing for export
Cowhides, Best Selected
Do. Seconds
Per picul.
Tls. 85.00
81.00
#
!
18.00
55,00
9.00
"
11.00
"
Buffalo hides, Best Selected Goatskins, Untanned, chiefly white color Buffalo Horns, average 3-lhe, each White China Grass, Wuchang and/or
Poochi....
White China Grass, Sinshan and/or
Chayu
Green China Grass, Szechuan Jute
White Vegetable Tallow, Kinchow...... White Vegetable Tallow, Pingchew
and/or Macheng
J
9.70
1
1
4.30
10.00
9.80
#
8.50
18.00
9.50
16.80
1800
家
(nominal
23
+
White Vegetable Tallow, Mongyu Green Vegetable Tallow, Kiyu..
Animal Tallow
Gallnuts, Usual shape.......
Do. 'Plum do. | Tobacco, Tingchow...
Do. Wongkong Black Bristles
........................* „* (nom.)
Feathers, Grey and/or White Duck
"
Wild Duck
Turmeric Sesamum Seed Sesamum Seed Oil Vegetable Tallow Seed-Oil Wood Oil Tea Oil
Ką
81.00
25.00
235
8.00
4.00
"
7.90
}
7.90
7.80
0.00
Per steamer Hector, sailed on 19th January. For Marseilles-600 bales waste silk, 100 cases cassia, 13 packages human hair. For Marseilles or Havre :--10 cases hats, 20 cases essential oil, 8 cases human hair. For Bordeaux :---820 rolls mat- ting. For Liverpool:-50 balss waste-silk, 175 bales bamboo and canes, 1,386-bags copper Matte, 146 cases private effects, chinese goods, &c. For Manchester-515 bales waste silk.
EXCHANGE.
ON LONDON.-.
ON
FRIDAY, 27th January.
...2014
Telegraphic Transfer Bank Bitis, on demand- .fi...2/01 Bank Bills, at-30 days' sight ......2/0.* Bank Bills, at 4 months' sight...2/0 Credits, at 4 months' sight' 2/0 Documentary Bills, 4 months' sight 2/017 PARIS.———
Bank Bills, on demand
Credits 4 months' sight
ON GERMANY. ———
ON
특.
252)
256-
NEW YORK.
On demand i...............ķi.í.
2051
Bank Bills, on demand ...
Credits, 60 days' sight-
.491
Telegraphic Transfer
::.149)
Bank, on demand-
-1401
ON BOMBAY.-
ON
CALCUTTA, Telegraphic Transfér149] -
Bank, on demand ........ dediktin. -** 1497
Ox
SHANGHAI-Bink, at sight............................. 714- Private, 30 days' right
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