200
COMMERCIAL.
SILK.
Canton, 25th February, 1905. Long-reels.- The demand from Europe has heen recurving, and about 1,000 balès have been booked chiefly.in fine and medium sizes; the coarse ones rather neglected and comparatively cheap. The ten- dency of the market is weak for ready cargo, but firm for forward deliveries. From sales made we quote: Fil. Wing Cheong Sing 11/13 at $945, Min Sie Lan 11/13 and Cheong Hing 11/18 at $865, King Wo Cheong 13/15 at $810, Hing Lun 13/15, 14/18 at $720, Short-reels.Are in better enquiry for America. 8840 have been paid for Hau King Lun 14/16 and 820 for Quang Wo Hing 14/18. Be-reels have also had a share on the basis of $690 for No. 1, 2 and 3, (Yee Wo Hing White Ticket). Waste Silk.-Scarcely anything doing of country holders.
owing to the firmness Stock,-Raw Silk: 2,000 bales.
BUGAR.
HONGKONG WEEKLY PRESS AND
COTTON.
HONGKONG, 24th March:-Superior qualities in request, others more or less neglected. Stock about 6,000 bales.
Bombay..
$19.00 to 21.00 per pcl. Bengal (New), Rangoon 21.50 to 23.50
and Dacon Shanghai and Japanese, Tungchow and Ningpo, Reported sales 500 bales.
YARN.
25.00 to 26.50 25.00 to 26.50
12
1J
Mr. Eduljee in his Report, dated Hongkong 24th March, says --A slightly improved demand has been experienced during the past fortnight, the chief feature being the increased enquiry for No. 168, but nearly all counts are dealt in. No improvement, however, is noticeable in values lar. Latest advices from the country point to an which still continue to rule unsteady and irregu-
early resumption of demand, but the prevailing | tightness of money amongst the natives, the con- dition of the Bombay market, and the prospects of
HONGKONG, 24th March.-There are no arrivala very heavy supplies of cheaper-cost goods, preclude and the prices are going upward. Shekloong, No. 1, White... .$9.15 to
19.20 pola.
Do. Do.
Do. Swatow,
13
#
2, White...... 7.06 to 1, Brown...... 6.80 to 2, Brown...... 6.55 to No. 1, White...... 8.80 to
8.00 6.85 "
20
6.00
"
8.65
"
Do. Do.
2, White...... 7.70 to
7.75
#
"
1, Brown...... 6.80 to
6.65
"}
Do.
"
2, Brown...... 6.50 to
6.55
1
18.20 to 18,25
"
12.40 to 12,45
Foochow Sugar Candy Shokloong
**
"
RICE. HONGKONG, 24th March.—The prices are advan- cing a little, holders being firm. Saigon, Ordinary.
.$2.05 to $2.10 8.70 to 8.75 8.85 to 3.90
"
Round, good quality
J
Long...
Siam, Field mill cleaned, No. 2
Garden,
No. 1
"
White,
#1
Fine Cargo
2.65 to 2.70 2.90 to -2.96 4.00 to 4.05 4.20 to 4.25
OPIUM. HONGKONG 23rd March, 1905.- We beg to con- tinue our advices of the 9th inst., since when the movements in our various Opium markets have been as follows-
Stocks as per circular of
9th March, 1905.
Mar. 11th Importa per Nudia Mar. 18th
Mar. 20th
Malwa, Patna,Benares, Persian,
1,631 8,267 1,830 2,924 266 50 50 102
210 168
•*
#
Suisang Kumeang
Less Exports to Shanghai Less Exporta to East and West Coast Porta including Local Consumption for the fortnight..
485
106
1,796 8,992 1,641 9,826
107 414 162
Estimated Stocks this day 1,584
106
679
196 114
2,999 1,283 2,212
Bengal. A brisk demand to the extent of about 500 arose last week as Chinese stocks had run down to under 1,000 chests and prices had declined considerably but having supplied their wants the market again became dull. We quote Patna at $1,180 and Benares at $1,085.
MalwaThere has been more doing and the market is steady at the following quotations ---
New
$1,120 years old
8
4/5
21
#
**
$1,160
$1,180
$1,250
$1,850
Oldest Persian.-Market is steady at last quotations.
24th March. tollcatty.
per pioul.
Quotations are:- Allow'ce net. $1120 to .$1160 to to $1250 $1830 to
do. dó. do.
do,
Malwa New
Malwa Old
Malwa Older
Malwa V. Old.
Persian fine quality ...$900
Persian extra fine..
Patna New
Patna Old
$930 to $1180 to to
$1065 to to
do. do. do.
Benares New
Benares Old
do. per chest.
COAL. Messrs. Hughes and Hough, in their Coal Report of today's date, state that 15 steamers are expected at Hongkong with a total of 51,800 tons of Japan coal and 11,900 tons of Cardiff. Since 12th March 24,750 tons of Japan coal and 55,000 tons of Cardiff coal have arrived. market is quiet. Quotations :---
Cardig........................
$18.00 ex-ship.
The
Australian .....................CO ..$11.00 ex-ship.
·Yabari Lump........................... $12.00 ex-ship, nominal
Miiki Lump
.$10.00 ex-ship, nominal Moji Lump.....$6.50 to 9.50 ex-ship, steady
the possibilty of any improvement taking place in the near future, The market closes quiet with a tendency to lower prices.
Local Manufacture:-Continues quiet and no- thing doing. -
Japanese Yarn-Sales of 100 bales No. 20s at $128 to $130 are reported.
Raw Cotton:—The market has continued life- less particularly in Indian descriptions, and not- withstanding a heavy drop in rates there is a con- tinued absence of demand from the country. Meanwhile receipts are pouring in and going into godowns, the present unsold stock being estimat- ed at close upon 8,000 bales. The only business of the interval is the sale of a small parcel of 75 bales superfine Bengal at $22. In Chinese Cotton 200 bales Thoongchow are reported to have changed hands at $25 to $27, leaving a stock of
500 bales on the market. Quotations are $19 to $23 for Bengal and $22 to $28 for China.
Exchange en India has fluctuated slightly and closes to-day at Rs. 139 for T/T and Rs. 1194 for post. On Shanghai 714 and on Yokohama 91).
The undernoted business in imported and local spinnings is reported from Shanghai during the three weeks ended the 17th instant, viz:-
Indian:-Only a small business has been done in these spinnings, and at lower prices, total sales Aggregating 4,749 bales, with an estimated un- sold stock of 50,000 bales.
Japanese-Business restricted by shortness of supply, sales amounting to 8,000 bales on the basis of Tls. 91 to 109 for No. 168 and Tls. 99 to 105 for No. 20s, market closing strong.
Local:-The market is reported slightly weaker with a small sale of 1,000 bales No. 20s at T■. 93
PIECE GOODS.
Messrs. Noel, Murray & Co., in their Report on the Shanghai Piece Goods Trade, dated Shanghai, 9th March, 1905, states:-The momentous news in the morning that the Japanese have occupied Moukden, and the Russian Army is in full retreat northwards, has been received with general Batisfaction. It without doubt marks the begin. ning of the end of the hostilities, though the Japanese, now having them on the run, are not likely to stop until the Amur on the North and Lake Balkal on the West are reached, and these in future should constitute the boundaries. From the action of the Northern merchants, who had called a temporary halt in the shipment of goods from here, it was evidently deemed advisable to wait tell this unprecedented and appallingstruggle was decided. Consequently the demand for ready cargo has been much quieter, though shipments of former purchases have gone on rigorously, the Northern steamers carrying full cargoes of
|
[March 25, 1905.
a little earlier than the generality. Although China only demands a comparatively small percentage of that market's attention it has evidently given a stronger tone to the whole, and manufacturers must be congratulated in, at last, getting a satisfactory return for their invest- ments. There have been some fluctuations in the Liverpool Cotton market, where Mid American was quoted 4.10d. at the close of last week, but has since gone up to 4.198. This may have been caused by the reported fire at New Orleans. The price of Egyptain is unchanged at 7d. The Now York market is strong, but makers are so well engaged there is very little offering, and the dealers here are not so inclined to buy these goods any distance ahead as they are with Manchester makes.
We understand a few standard Drills
have been bought for this market at full rates for shipment about the end of the year. The Yarn market is fairly steady but there is not much doing. Cotton is a shade easier,
MISCELLANEOUS EXPORTS, HANKOW, March 15th, 1905: The prices. quoted are for the net shipping weight exolūding cost of packing for export: :-
Per picul. Tls. 86.00
Cowhides, Best Selected
Do.
Seconds
Buffalo hides, Best Selected Goatskins, Untanned, chiefly white color Buffalo Horns, average 8-lbs, each White China Grass, Wachang and/or
Poochi..
BOVAL
White China Grass, Sinshan and/or
Chayu
Green China Grass, Szechuen Jute
White Vegetable Tallow, Kinchow...... White Vegetable Tallow, Pingchew
and/or Macheng
82.00
"
18.50
"
55.00
#
8.50
11.40
10.25
"
CATA
53
19
9,80
9.50
8.00
99
11.50
9.50
JJ
17.70
18.50
. (nominal)Tls.
"
J
13
(nom.)
21.00
"
"
£5.00
*2
8.00
4.80
13
7.90
8.00
*
8.00
1+
9.00
White Vegetable Tallow, Mongyu Green Vegetable Tallow, Kiyu............ Animal Tallow Gallnuts, Usual shape.. Do. Plum do.
Tobacco, Tingchow....
Wongkong ............(
Do.
"
**
Black Bristles Feathers, Grey and/or White Duck
Wild Duck Turmeric Sesamum Seed Sesamum Seed Oil Vegetable Tallow Seed Oil
Wood Oil
Per steamer Patroclus, sailed on 15th March For Marseilles:-100 balen waste silk, 20 cases essential oil, 15 cases camphor, 15 bales human hair, 9 cases human hair. For Liverpool -234 bales waste silk, 1772 bags copper matte, 10 hpack- ages effects, etc. For Buenos Ayres:-600 pack-
agoa tea.
Per steamer Stentor, sailed on 15th March. For Port Said :-50 cases cassia. For Canstantinople : -100 cases cassia, 13 packages sundries. For For Malta-85 Alexandretta-48 cases cassia. cases milk. For Rotterdam:-28 rolls matting. For Amsterdam or Rotterdam:-10 cases ginger, 10 cases soy. For London:-218 cases Chinaware, 5 cases bambooware, 11 cases shell, 20 cases essen• tial oil, 225 casks soy, 42 cases private effects, &c. 16 cases lids, 150 masks ginger, 20 cases vermilion, 152 bales feathers, 1,180 rolls matting, 250 cases ginger. For London or Glasgow-200 cases ging- er, 50 casks ginger. For London or Continent-: 67 bales feathers, 340 bales canes. There is, however, a
For Glasgow: large quantity lying at Chin-wang-tao that was intended for Newchwang, the forwarding of which was delayed pending developments, as mentioned above.
That Port is not expected to be open This before the spring tides after the 25th inst. has not interfered with forward business, how- ever, and some of the older established firms declare they have had a record week! In one way it is certainly unprecedented, for the transac tions are actually for the opening of next season. the bulk being for December/March shipment.
Piece Goods and Yarn.
8.4
For the goods of some markets it has even been necessary to place orders 28 far ahead September next year! Naturally this is only practicable with firms who have old established chops, or trade marks, and goes to show the great importance there is in having them protected. The business dove has embraced all descriptions of the standard Grey and White goods Manchester produces for this manket, though some of the heavier makes of the former have been obtainable
8 packages sundries. For Hamburg-70 bales
feathers, & cases shells, 4 cases human hair. For Antwerp:-50 cases gallnuts. For Antwerp or Hamburg:-284 bales feathers, 60 bales canes.
Per steamer Prinsess Alice, sailed on 18th March, For Suez:-50 cases cassia, 5 cassa furniture, Í case silk. For Aden ---750 bags sugar, 10 pack- ages casaia. For Smyrna –-10 cases essential oil. For Odessa-18 cases bristles. For Genos 500
cases cassia, 100 bales waste silk, 70 bales raw silk. For Antwerp or Hamburg:—18 bales feathers. For Amsterdam-12 cases tes sticks, 10 rolls matting, 8 cases blackwoodware. For Rotterdam : Bremen-7 cases, blackwoodware For Bremen -91 bales canes, 7 cases - blackwoodware, For
or Hamburg :-58 bales feathers. For Hamburg- 42 bales feathers, 30 cases essential oil, 13 cases paper, 10 cases bristles, 10 cases blackwoodware; 5 cases human hair,' 6 cases ginger.
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