90
TRADE ITEMS.
North Kiangsu is much interested in the proposed glass factory. Much brick and lime is in evidence. The Chinese are chagrined at the thought that for 3,000 years they have regarded this sandy waste only as a nuisance and that the foreigner had to come and show them how to use it.
Notwithstanding the present tightness of the money market, we learn that Messrs. Soares & Co. have been successful in selling some large and valuable lands in Kowloon. Kowloon Marine Lot No. 47 was sold in December for $250,00), and the same firm have just concluded the sale of the adjoining lot, No. 48, which fetched $191,918.25.
The Nagasaki Press says that the Japanese Minister at Seoul has entered into negotiation with the Korean Government on some import ant demands preferred by Japan. It is reported that the Japanese Government desires to have permission granted by the Korean authorities for Japanese steamers to freely engage in the Korean coasting trade, to have all Korean Minis- ters recalled from foreign countries, and also to be entrusted with the man agement of the post and telegraph business on condition that the means of communications be made one of Korea's good sources of revenue by the efforts of the Japanese Government.
In answer to the statement made by the labour unions of San Francisco in a protest against the reduction of the Dingley tariff on Philippine cigars and cigarettes, to the effect that "coolie labour," was employed in the cigar factories in the islands, the Filipino Cigar Makers Union of Manila sent the following cablegram to President Roosevelt-" Filipino cigar makers protest against the false statement of the San Francisco workmen who allege that we employ Chinese labour to manufacture cigars. We appeal to the generosity of the American people for free admission for Philippine manufactured tobacco, as a natural consequence of American sovereignty."
U.S. Consul Anderson, of Hangchow, says:— There is practically no demand for agricultural implements in China" up to date, and present indications are that it will be a long time, except in Manchuria and North China, before the con. ditions will be such that modern farm machinery will be useful to the Chinese with their small garden farms and cheap labour. At present the native tools are such as have been in use for centuries. They are not good tools, perhaps, but they are made cheaply and are used by cheap labour. In several instances within my observa- tion small garden force pumps have been welcomed by progressive gardeners, and I am of the opinion that small garden hand ploughs will also be well received. It is possible that cheap but substantial American rakes and hoes could be sold. It is well to bear in mind that the general introduction of a single one of these articles in China would mean the sale of an immense number. Chinese farmers are com- mencing to consider foreign ideas and methods, and there will soon be a breaking up of present methods and a turning to new tools,
COMMERCIAL.
SILK.
Messrs. A. R. Burkill & Sons's Silk Circular dated Shanghai, 21st January, 1905, states:-The home markets are quiet, Gold Kiling is quoted in London at 12s, and in Lyons at Fos. 34.. Raw Silk-This week Taatlees have been in greater demand for Europe, but in Coarse Silks little business has transpired. Yellow Silk-A moderate business is has been done. Mienyanga and Mainchows
business doing. Hand Filatures.-Very little
heard of a Steam Filatures.-We have
Waste Silk.-There has single transaction. been some demand for Tussah Waste as holders came down in their ideas of price. Woosieh pierced Cocoons, 68 per cent. silk, have been bought at Tls, 69/71.
not
PIECE GOODS.
Messrs. Noel, Murray & Co., in their report on the Shanghai Piece Goods Trade, dated Shanghai 26th January, states :—The serious news received
THE HONGKONG WEEKLY PRESS 'AND
during the week, of the incipient revolution in European Russia, has to a great extent diverted attention from the progress of the War in the North. The consequent interruption in the forwarding of supplies to the huge Army now assembled in Manchuria, already "quite "inade- quately provided for, can only mean that it is on the verge of a terrible calamity, much too horrible to contemplate. It is, therefore, satisfac- tory to learn that the Great Powers consider the time has about arrived when they might offer to mediate, though probably nothing can now prevent the sanguinary battle both sides have been pre- paring for weeks past, and which is now immin nt. Meanwhile the refugees from Port Arthur, though not arriving here in any great numbers yet, are making & decided impression on our Exchange market, and it is now beginning to look uncertain if the anticipated decline in rates will take place Under immediately after China New Year or not. the circumstances the situation here remains as Piece Goods.-Business, so far complex as ever.
as most importers are concerned, remains deadly dull, but the dealers are busy reselling to the country merchants, mostly for delivery the latter part of next month, though a considerable quantity of American goods have been bought on easi. r terms for cash in the northern markets.
In
English makes a commencement has been made by the lankow merchants at fairly satisfactory prices, judging by the resales published, the dealers here having made a compact to maintain
[February 6, 1905.
Lastings-30 yds., 31 inches
Assorted
Orleans Plain, 31 in.
Blankots-5 to 12 lbs.
METALS—
Iron-Nail Rod
per piece 12.50 to 20.00
Square, FlatRound Bar(Eng.)3,95
Swedish Bar
Small Round Rod
Hoop to 1 in.
10.00
to
per lb
0.65
to
.85
per picul
4.00 to
to
4.00 to
4.30 to
6.20 to
N14
9.50 to
9.00 to
to
8.55
to
to
to
Elliot's 14/20 oz.40.00
to
Composition Nails..
..........38.50
Wire, 16/25 0%........ Wire Rope, Old
Lead, L.B. & Co. and Hole Chop 8.25
Australian YellowM'tal-Muntz 14/20 oz.40.00
Vivian's 14/20 oz.40.00
Japan Copper, Slabs.. Tin...
Tin-Plates
to
bor
....61.00 to
80.00 to
per 7.70 to
per cwt, cases
6.00 to
per picul-
Steel 'to {
Quicksilver
Window Glass
.128.00 to
por box-
5.25 to
MISCELLANEOUS EXPORTS. HANKOW, January 25th, 1905: The prices
values. First hand holders have also be-n ablo to place a little, but the quantity they have available is very limited. The Manchester market
cost of packing for export :- is steady with more demand, for India presum-quoted are for the net shipping weight excluding ably. No very appreciable decline is noticeable in prices, unless for distant delivery. Cotton is lower again, Mid-American being quoted 3.71d. in Liverpool and Egyptian 6.75d. The New York market is also keeping very steady, as can be seen by the purchase of some 3 yards Sheetings at 10s. 31d. Cotton there is quoted 6.59 cents for March and 6.64 conts for April. There is a much better feel ng in the yarn market, a considerable business having been done in imported spinnings both for cash and after New Year delivery. The local cotton market is also firmer.
MISCELLANEOUS IMPORTS,
Cowhides, Best Selected
Do. Seconds Buffalo hides, Best Selected Goatskins, Untanned, chiefly white color Buffalo Horns, average 3-lbs. each White China Grass, Wuchang and/or
Poochi.
White China Grass, Sinshan and/or
Chayy
Green China Grass, Szechuen Jute
HONGKONG, 27th January.-The prices ruling White Vegetable Tallow, Mongyu are as follows:- COTTON YARN-
per bale
Per pical.
Tls. 85.00
81.00
18.50
#1
65.00
9.00
11
11.00
21
10.00
"
4.30
White Vegetable Tallow, Kinchow...... White Vegetable Tallow, Pingchew
and/or Macheng
9.80
9.00
"
8.00
Green Vegetable Tallow, Kiyu...................... a Animal Tallow Galinuts, Usual shape......................................
Do. Plum - do,
11.50
10.00
17.00
18 20
11
(nominal)
"
"
D
(nom.):
21.00
25.00
1
3.00
4.00
7.90
7.90
7.80
•
9.00
."
Bombay-Nos. 10 to 20, ...$ 90.00 to $128.00 Tobacco, Tingchow......
English-Nos. 16 to 24,
21
22 to 24, 28 to 32, 38 to 42, Reported sales 10,000 baler. COTTON PIECE GOODS----
11
#2
140.00 to 180.00 160.00 to 165.00
Do. Wongkong Black Bristles
167.50 to 175.00 180.00 to 190,00
Wild Duck
"
35
11
Turmeric
per piece
2.25 2.20 to Grey Shirtings-0 lbs. 7 lbs.
2.30 to 2.40 3.00 8.4 lbs.
to 4.00 9 to 10 lbs.... 4.10 to 5,30 to 3.00 White Shirtings-54 to 56 rd. 2.80
58 to 60 3.10 to 8.60 64 to 66 3.80 to 5.40 Fine..... 6.10 to 8.00 Book-folds 5.30 to 8 10 Victoria Lawns-12 yards 0.80 to 1.00 2.30 T-Cloths-6lbs. (32 in.), Ord'y. 2.20 to
2.70 to 3.0) ), Mexs. 2.25 to 2,70 2.90 to 3.20 30.8
7lbs. (32.. ), Glbs. (32
"
7lbs. (82,, ),
">
8 to 8.4 oz., (36 in.)3.25 to Drills, English-40 yds, 13 5.10 to 8.00
FANCY COTTONS-
lbs.)
4.00
Turkey Red Shirtings-1 to 1.75 to
lbs.
per year .0.13 to 0.14
Brocades-Dyed
Da masks..
Chintzes-Assorted
Velvets-Black, 22 ju. Velveteens-18 in.
0.20 0.50
0.081 to 0.23 to
0.23 to
per dozen
0.27
1.25
Handkerchiefs-Imitation Silk 0.56 to
WOOLLENS—
per yard Spanish Stripes-Sundry chops 0.70 to 2.10
to 0.60
0.85 German
to 2.50 Habit, Med., and Broad Cloths 1.25
per piece Long Ells-Scarlet, 7-10 lbs. 7.80 to 9.25
Assorted Camlets-Assorted...............13.00
7.95 to 9.40 to 82.00
Feathers, Grey and/or White Duck
Sesamum Seed
Vegetable Tallow Seed-Oil
Sesamum Seed Oil
Wood Oil
Tea Oil
Per steamer Hyson, for Amsterdam, London For and Antwerp, sailed on 23rd January. Suez-22 rolls matting, 60 piokages crackers. For London: -179 cases chinaware, &c., 1,795 rolls matting, 634 bales canes, 41 cases shells, 41 packages essential oil, 150 casks ginger, 100 casks Boy, 600 cases ginger, 15 cases private effects. For London or Glasgow: -150 cases preserves. For For London or Hamburg :-515 bales canes, London or Manchester:-225 bales waste silk For London or Continent:-641 bales canes, 119 bags ore, 244 bales duckfeathers, 200 cases cassia, 453 rolls matting. For Copenhagen:-134 bales Amsterdam :--8 feathers. For Antwerp
For Amsterdam :-782 rolls cases chinaware.
For matting, 12 cases chinaware, 50 cases cassia. Amsterdam or Rotterdam :-155 cases ginger, 189 rolls matting, 10 bales canes, 22 cases chinaware. For Antwerp or Hamburg-189 bales feathers, 20 cases essential oil. For Antwerp-150 bales feathers.
or
Per P. & 0, steamer Coromandel, sailed on 28th January. For Manchester:-550 bales waste silk For London:-9 cares manila hats, 7 casÉS cigars, 5 cases private effects, 147 rolls mats and matting, 116 packages tea, 252 bales waste silk, 40 bales raw silk, 5 cases silks. For Carthagena : --100 cases cassia. For Milan:-80 bales raw For Mar- Bilk.
For Lyons: -337 bales raw silk. seilles:-150 bales waste silk, 261 bales raw silk, 50 rolls mats, 2 cases silks, 15 packages human For Gibraltar: hair, 207 bales pierced cocoon*, -1 case curios.
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