350
COMMERCIAL.
TEA.
HANKOW, 24th May.-Business reported since the 17th inst,, is as under:-
Settlements
HONGKONG WEEKLY PRESS AND
HONGKONG 1st June, 1905.- The movements in our various Opium markets, since the 18th May, have been as follows:-
Malwa, Patna. Benares. Persian.
Stocks as per circular of 18th May, 1905..
May 18th Importa per Bengal
22nd
Lai Sang C. Apear Caledonien
1905. -Chests.
1904.
-Chests.
11
14
30th
宁南
TE
M
30th
1
11
41,268 182,518 The following are the statistics at data compared with the corresponding circular of last season viz :-
HANKOW TEA. Settlements...
1905. -Chests
Stock
7,718 .77,383
Arrivals
...85,099
KIUKIANG TRA.
1905. -Chests.
Settlements...
33,550
Stock
61,581
95,133
1904. -Chests. 198,340 57,227
256,572 1904. -Chests. 104,020 55,964
159,984
Arrivals
SILK.
Messrs. A. R. Burkill & Son's Silk Circular, dated Shanghai, 24th May, 1905, states :-The Home Markets are firm: Gold Kiling is quoted in London at 11/6, and in Lyons at Fes. 31.75. Raw Silk. Settlements have been confined to one or two small purchases of Tsatlees at prices that show a weakening tendency. Hand Fila- tures. A moderate business has been done in medium and low grade. New Styles are scarce and firmly held. We hear of one transaction for America of Shengwha Columbia 1, 2 and 3 at an average price of $670. Yellow Silks.-Transac- tions in this class of Silk are very limited, and the Market closes weak. Steam Filatures.-A fair business continues in low grade Steams in spite of the high exchange. Shipments are nearly all for Europe. Waste market is again exceedingly quiet, the inclina tion to buy mentioned in our last circular having been checked by the rise in exchange and the firmness it is now showing. New Crop.-Reports from the Woosie and Teatlee districts are fairly satisfactory, but the season being a late one it is too early to give any definite information about the crop. The Shaoshing cocoon market is reported to have opened at $48, rising in a few hours to $55; the latter price is not warranted by the condition or prospects of the market.
SUGAR.
Silk. The
HONGKONG, 2nd June.-There is no change in the prices as when last reported. Shekloong, No. 1, White......$8.90 to $9.00 pels.
Do.
2, White..... 7.50 to 7.80 1, Brown...... 6.40 to 6.50 2. Brown...... 6.00 to 6.05 No. 1, White 8.70 to 8.80 7.40 to 7.50
+
Do.
+
Do. Swatow,
Do.
""
2, White.....
Do.
11
Do.
35
2, Brown
1, Brown...... 6.00 to 6.05
..... 5.60 to
5.70
Foochow Sugar Candy... 12.50 to 12.30 Shekloong
.11.70 to 11.80
2
RICE.
1
33
HONGKONG 2nd June.-The prices are the same as when last reported, market being steady. Saigon, Ordinary.
27
19
Round, good quality Long...
Siam, Field mill cleaned, No. 2
Garden.
"
White,
"
Fine Cargo
ور
No. 1
COAL.
$2.65 to $2.70 4.05 to 4.10
Lens Exports to Shanghai Lesa Exports to East and West Coast Ports including Local Consumption for the fortnight..
1.477 2,609 661 1,591
129)
200 28
630
345
520 210
197
21
1,678) 4,158 1,242 1,612
128
254
8.5
44
127} 064 136
Estimated Stocks this day 1,321 3,238 1,041 1,568
Bengal.-Prices, after declining to $1,100 for Patna and $1,070 for Benares, rapidly advanced, owing to good demand and we close steady at $1,115 for Patna and ₹1,183} for Benares.
Malwa. The demand continues small and quotations are as follows:--
New
$1,100
2 years old
$1,150
3
$1,180
$1,230
"
4/5 Oldest
$1,330
doing and the consumption is small.
Persian. There has been hardly anything
YARN.
Mr. Eduljee, in his Report, dated Hongkong, 2nd Jane, says-A quiet but steady business has been done throughout the past fortnight at un- altered prices, and at the close the demand still continues, while both buyers and sellers appear satisfied to work on present basis. The enquiry for No. 20s has greatly subsided; No. 10s and No. 128 are, as usual, in good request, and form the bulk of the settlements, prices, here and there, showing some slight variation. A few 16s have found buyers at full market values, but the demand for this count is so small that it is very ly any demand and sales can only be forced at easily satisfied. For lower counts there is scarce- extremely low rates. Stocks continue to fall off,
and our estimate stands at a very reasonable figure. The market closes steady.
Local Manufacture--Continues in fair request, and sales of 40 bales No. 103 at 3107 to 3111, and 100 bales No. 12s at $111 are reported.
Japanese Yarn:-There is no business doing in these threads.
Raw Cotton-Both India and China staples have become dull and quiet, and delivery under old contracts continues very slow.
No new transactions are reported. Estimated unsold stock about 5,700 bales Indian, about 1,000 bales being exported to Kobe, and 250 bales Chinese Quotations are Indian $19 to $23 and Chinese $22 to $25.
Exchange on India, after slight fluctuation, closes weak to-day at Rs. 139 for T/T and Rs. 139 for Post. On Shanghai 714, and on Yoko- hama 911.
The undernoted business in imported and local spinnings is reported from Shanghai during the fortnight ended the 19th ultimo, viz:-
Indian-Market inactive, Newchwang demand entirely subsided, and that for the Biver Ports slack and prices barely maintained. Total sales 4.20 to 4.25 about 3,750, and estimated stook about 60,000
3.20 to 3.25 | bales. 3.30 to 3.35 4.25 to 4.30 4.35 to 4.10
are
Messrs. Hughes and Hough, in their Coal Report of June 2nd state that 19 steamera expected at Hongkong with a total of 44,600 tons of Japan coal, 8,900 tons of Cardiff Coal, and 21,000 tons of Indian. Since 20th May 25,500 tons of Japan coal have arrived. The market continues firm. Quotations:
Cardiff.. Australian
$17.00 $19.00 ex-ship. .$11.00 $12.00 ex-ship.
$12.00 ex-ship, nominal $11.00 ex-ship, nominal Moji Lump.. ....$8.50 to $11.00 ex-ship, steady.
Yubari Lump.. Miiki Lump
OPIUM.
HONGKONG, 1st June. Quotations are:- Allow'ce net to 1 catty.
per picul.
Japanese Small businees at unsteady prices; sales amounting to about 2,000 bales on the basis of Tls. 93 to 106 for No. 168, and Tls. 100 to 107 for No. 209. Close weak,
Local:-Market steady with only a small busi- neas passing at the close, reported sales being
about 1,000 bales No. 10s, No. 148 and No. 168, on the basis of Tls. 83, Tis. 91 and Tls. 921 respectively.
PIECE GOODS.
(June 8, 1905.
already commenced, but with the very remarkable precautions, taken by both of the belligerents, to prevent information leaking through it is quite impossible to conjecture what the result will be. There are slight indications that the pressure round Newchwang is being gradually relieved, but, as this is only gathered through cablegrams ordering fresh supplies to be bought on this market, most of the Native dealers consider it is better to wait for written advices before taking The tendency all any very energetic action. round is to lie low until the settling day is over, a fortnight hence, after which it is generally held in Native circles a revival in the demand will take place, though of course it will greatly depend on the outcome of the war. Money has been circulating more freely during the interval amongst the trade, but this is in all probability to take up forward exchange settlements due at the end of the month, rather than to clear goods for consumptive requirements. There is nothing fresh to advise from our other dependencies, the River markets and Ningpo remaining very dull, while for Tientsin and Chefbo there is still some little activity. What telegrams have come in from Manchester report a firm market with a tendency to dearer prices in sympathy with Cot- ton, full rates being paid for actual requirements, The latest Liverpool quotations for Cotton að. 4.50d. for Mid-American and 7d. for Egyptiare while the New York quotations have advancen to 7.90 cents for June and 8 cents for July. No advices seem to have come to hand from that quar- ter during the interval concerning the market for Cotton Piece Goods. Referring to the remarks we have already had occasion to make, another instance has come to light this week of a manu. facturer who had induced a Firm here to buy what was, presumably, the whole of his production of a certain Cloth for months and months ahead, now offering to sell further quantities of the same cloth for much earlier delivery, instead of accelerating the completion of earlier contracts.
This was a Lancashire mill. The demand for Yarne remains very slack, as is usual at this time Cotton is rather firmer. Piece Goods.-Business of the year, and prices are drooping. Native
from first hands is almost entirely confined to the regular Auctions, where prices, on the average, continue to favour the buyers, though the decline is to some extent made up for by the advance in sterling rates of exchange. There has, to all intents and purposes, been no forward business doing and the demand for goods from stook is particularly quiet, the prices realised at the Auctions being clear evidence of this,
MISCELLANEOUS EXPORTS.
HANKOW, May 17th, 1905-The prices quoted are for the net shipping weight excluding cost of packing for export :---
Cowhides, Best Selected
Do. Seconds Buffalo hides, Best Selected Goatskins, Untanned, chiefly white color Buffalo Horns, average 3-15s, each
White China Grass, Wuchang and/or
Poochi.
Green China Grass, Szechuep WhiteChina Grass,Sinshanand/orChayu
Jute
White Vegetable Tallow, Kinchow...... White Vegetable Tallow, Pingchew
and/or Macheng
White Vegetable Tallow, Mongyu Green Vegetable Tallow, Kiyu
Animal Tallow
Gallnuts, Usual shape..
Do. Plum do.
Tobacco, Tingchow Do. Wongkong
Black Bristles
**
Per picul. Tis. 34.50
وو
30.50
"
17.00
13
"
55.00
8.50
"
12.00
11.50
事事
13
18.00
4.70
9.40
0.20
8.00
"
11.00
11
9.50
*
17.30
*
18.30
7.50
9.00
J
110,00
"
(nom.)
"
22
8.50
重
...........
4.20
"
8.40
12
"
(nom.)
8.00
"
10.00
"
Feathers, Grey and/or White Duck
Wild Duck Turmeric Sesamum Seed Sesamum Seed Oil Vegetable Tallow Seed Oil Wood Oil Tea Oil
Messrs. Noel, Murray & Co., in their Report on the Shanghai Piece Goods Trade, dated Shanghai, 25th May, 1905, state:-So far as the demand is concerned the market is going from bad to worse, but in the great majority of cases holders both Foreign and Native, are not forcing the situation. The spring season Has been abnormally prolonged by the wet weather, which, if it continues, will seriously interfere with the harvesting of the winter crops of wheat and barley. In this neighbourhood they look in a remarkably healthy
Per M. M. steamer Ernest Simons, sailed on condition, but the report is not so favourable 30th May. For Marseilles:-75 bales raw silk, farther up the Yangtaze valley. A few fine daya in the earlier part of the interval, gave some chance to clear with more freedom, but another per chest. change has already taken place. At last news is coming to hand that leads to the supposition that a big fight for final supremacy in the North has
Malwa New
$1130 to
Malwa Old
81180 to
do.
Malwa Older
$1240 to
do.
Malwa V. Old...
$1320 to
do.
Persian fine quality
...$080 to
Persian extra fine.
do. do.
Patra New
Patna Old
Benares New
.$1020 to $11174 to
do.
to
$1085
to
<<
do.
134 bales pierced cocoons) 12 cases silk piece goods, 83 bales human hair, 3 cases ylang ylang. oil, 10 cases china 100t, 8 packages sundries. For Lyons:-197 bales raw silk. For St. Chamond:
-10 bales raw silk. For Manchester :—120 bales waste silk.
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