58
COMMERCIAL.
TEA.
HANKOW, 12th July.-Business reported since
the 5th inst., is as under-
Settlements
Consisting of the following Teas :-
Ningchows
Khemuns
Oopacks
Oonams
Oonfaas
Seang-tams
THE HONGKONG WEEKLY PRESS AND
RICE.
HONGKONG, 21st July.-There is no alteration in the quotation of the market. Saigon, Ordinary..
Round, good quality Long...
No. 1
Siam, Field mill cleaned, No. 2
Garden. White,
1905. -Chests. 24,282
1904. -Chests,
34,866
11
¡-Chests
11
Fine Cargo
.10,666 at Tls. 30.00 per picul.
OPIUM.
+3
وا
$2.60 to $2.65
3.85 to 3.90
4.00 to 4.05 3.00 to 8.05 3.10 to 8.15 4.10 to 4.15
HONGKONG, 22nd July, Quotations are:- Allow'ce net to 1 catty.
$1180 ta per picul.
14
1
11
Malwa New
}}
+1
Malwa Old
J
**
Malwa Older
13
17
Ichangs
115 at Tls. 27.00 1,140 at Tls. 14.50 4,724 at Tis. 15.50 4,554 at Tls, 21.50 1,533 at Tls. 13.0) 1,550 at Tls. 45.00
The following are statistics at date compared with the corresponding circular of last season,
viz., 13th July, 1904-
HANKOW TEA.
Settlements...
1904.
Malwa V. Old.... Persian fiue quality Persian extra fine.
Patna New
Stock
$14
Benares New Benares Old
1905.
-Chests
-Chests.
300,909
517,630
Patna Old
62,855
18,484
Arrivals
423,761
536,114 1904.
KIUKIANG TEA.
Settlements...
107,563
S'ments. to S'hai. (Nat. a/c ) Stock
16,105
192,100 2,234 18,904
Arrivals
SILK.
1905. -Chests. -Chests.
183,668 211,238
|
[July 24, 1903. consequence the cash of Kang-shi, Kien-lung, et have disappeared from the market in Soochow and Soochow cash scarcely pass in Shanghai.' 2.-"The 5 cash pieces were first uttered last year and were withdrawn a couple of months ago, and a limit of three days given for their redemption. Only about 200,000 were issued, but owing to their convenient form a large proportion of these had got into the country districts, whence 4.20 to 4.25 redemption was impossible in the time given. These unredeemed 5 cash pieces are now worth only about 2 cash." 3.-"The 10-cash copper piece has a higher intrinsic value than the 20 cash pieces, and seems to have bullion value of about 8.4 Kiang-su cash. These, like the 20 cash piece, are floated by official fiat. The market price has however fallen greatly. A year ago it took 85 of these to buy a dollar, whereas it now requires about 95." 4.-"The 20 cash brass pieces have a bullion value of about 10 Kiang-su cash. The issue has not so far been large, but new machinery is being put up. It is rumoured that the new issue, soon to begin, will be of a quality similar to the 10 cash pieces. When this begins a heavy full in price of the brass pieces is anticipated, and none of the banks are allowing them to accumulate in quantity, but so far they pass current on official fint." The manager of one of the leading Foreign banks here reports that these so called coins have no value in Shanghai, the native banks cash shops refusing to touch them.
$1260 to
do.
$1320 to
რი.
$1380 to
do.
...$1020
to
do.
.$1070 Lo ...$1090 to
$
to $105) to to
do.
COTTON.
per chest.
40. do.
HONGKONG 24th July:-Good business at an advance of $1 to $1 per picul. Stock about 4,000
$21.00 to 23.00 per pel.
22 OU to 26.00
hales.
Bombay. Bengal(New), Rangoon
and Dacca Shanghai and Japanese, 26.00 to 28.00 Tungchow and Ningpo, 28.00 to 28 00 Reported sales 1,100 bales.
PIECE GOODS.
11
"
It
CANTON, 24th July, 1905.-Third Crop-Will be less than that of last year, but we have not all particulars to hand as yet. Long-reels. The signs of revival repo:ted in our last have since de- veloped into an active enquiry from Europe at in creasing prices; but the dealers have only met the buyers to a certain extent, and they are now re- luctant to sell ahead. From sales made we quote: Fres. Wing Cheong Sing 11/13 at $900; Kum Lun Tai 13/15 at $860-8875; Mei Lun King 10/12 at $875; Yu King Lun 13/15 at $830; Best 2ue. or- dre 18/22 at prices varying between $745-$750
ordre and 4730-4745 respectively; Bon 3mie. 11/13-13/15-14/18 at $740; Best 3me. ordre 11/13- 13/15-14/18 at prices varying between 8745-8760; Soey Wo Cheong 14/18 at $740. Short-reels.- There is still a very good enquiry from the Ameri- can market, but the stock in 14/16 S. R. is too scarce to answer the demand. $850 have been paid for Han King Lon 14/16. Waste Silk-The demand has been reviving, and a good number of contracts have been booked at or about our quota- at the close holders are firmer and not dis- tions; posed to sell as freely as before. Stock of Silk in and the equivalent of 61d. in New York for Canton: 400 bales.
Messrs. A. R. Burkill & Sons' Silk Circular dated Shanghai, July 7th, 1905, states-The Home Markets are firm, Gold Kiling is quoted in London at 11.9 and in Lyons at Fe. 32.50. Raw Silk-Tsatlees have been in fair demand and closing quotations show an advance of Ils. 10 per pical. The market closes very firm. Yellow Silk-Contracts for New Season's Silk
have been made in Mienyangs and Mienchews at rates quotel below. Hand Filatures.-A fair amount of business has been done this week for America, and the Continent.
Crack Chops were taken early in the week on the basis of Tls. 720 for Extra: 100 bales changing hands at this figure. Since then a similar quantity has been
booked at an advance of $10. Market closes strong. Steam Filatures.-A strong market with a fair amount of business to report. The past two seasons have been so disastrous to filature owners that a number have been compelled to shut down their flatures, consequently there will be a marked decrease in the production this season which is estimated to be only 7,000/8,000 bales. Waste Silk.We do not hear of any business being done yet in New Season Curlies or Frisonets, but some forward purchases of ilature Long Waste Shaoahing Fil Flosses have been made at Tls. 107 and Tls. 40 respectively. Some further business in Tusrah waste has been done on the basis of 6.3-8d for 60. 40., and dealers are now very strong in their Taels prices.
SUGAR.
HONGKONG, 21st July. The prices are slightly declining, market being a little weaker. Shekloong, No. 1, White $9.00 to $9.05 pels.
2, White...... 7.65 to 7.77
Do. Swatow,
Do.
"
#2
Do.
"1
1, Brown...... 6.30 to
6.35
#
"
2, Brown...... 6.10 to
6.15
}
No. 1, White...... 8.90 to
8.95
"
Do.
2, White...... 7.55 to
7.60
>
Do.
1, Brown...... 6.05 to
6.10
"
"
Do.
*
2. Brown...... 5.75 to 5.80
Foochow Sugar Candy.. ....12.40 to 12.45
Shekloong
*
.........11.85 to 11.90
Messrs. Noel, Murray Co.'s, Report on the Shanghai Piece Goods Trade, dated Shanghai, 13th July 1905, states:- As the continued advance of the home cotton markets prevents any forward business being done, except perhaps in a few specialties, importers are having rather a slow time of it. No very lucid explanation of the sudden and unexpected upward movement has come to hand as yet, beyond the unfavorable conditions prevailing for the growing crop. seems possible, that with the enormous orders manufacturers have booked, every available machine will be put into commission and thus materially increase the consumption; and it is generally admitted that a large proportion of what was looked upon as the surplusage of the present crop will not be suitable for spinning purposes. It is no use speculating on the cause, however, the fact remains the same that Mid- American has advanced to 64d. in Liverpool
or
MISCELLANEOUS EXPORTS. Messrs. Arnhold, Karberg & Co.'s Fortnightly Produce Circular, dated Shanghai, 10th July, 1905, states:Gallnuts.-There has been some enquiry for pluni-shaped which, however, could
not be satisfied as no offers are obtainable. Cowhides. Nothing new to report. Tobacco.- No stock. We understand that the outlook for the new crop is rather promising. Feathers.- Nothing doing. Cotton. Prices are too high to be of interest for export. Tallow.—A very small business has been done in this article, prices asked by the dealers being too high. Straw- braid.-There have been considerable shipments of mottled braids from the Northern ports, rices remain firm all round. There is still a good demand for Loyeh and Split Straw.
HANKOW, July 13th, 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-lbs. each White China Grass, Wuchang and or
Poochi.
White ChinaGrass, Sinshanand'orChayu Green China Grass, Szechuen 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
Feathers, Grey and or White Duck
Wild Duck
Turmeric
11
"
Per picul.
H
Tls. 34.00
80.00
21
17.00
*
→
(nom.)
7.50
12,50
11.50
21
(nom.)
4.70
11
9.20
#1
8.80
8.00
重重
11.00
10.00
17.00
18 00
"
17
(nom.)
14
115.00
(nom.)
( )
要會
8.30
+
4.15
8.00
(nom.)
"
7.80 (nom.)
January delivery. It is not surprising under the circumstances that some apprehension should be felt concerning the probable available future supply, particularly when so late on in the season serious doubts should arise as to whether the coming crop will be sufficiently large to justify the confidence of those who have undertaken to supply goods to be manufactured from cotton almost before the staple was sown. There is undoubtedly a very strong element of danger in conducting business in this way, and it clearly shows that, to place the trade on a proper basis again, it is necessary to have large crops assured and this should give a great stimulus to the efforts of the British Cotton-Growing Association. The Manchester and New York markets are almost unapproachable and a lot of money is being wasted over telegrams in trying to trade with them, quotations, particularly from the latter, being very unreliable, almost every attempt to do being met with a higher quotation. Piece Goods. The demand for Newchwang keeps fairly brisk, though it is necessary to pause awhile after each shipment is despatched. continues satisfactory, and at last Hangkow is showing some sings of improvement. are not complained of, money being fairly
Per steamer Glaucus, sailed on 11th July. For plentiful here now. The market is undoubtedly very strong and the dealers are quite satisfied Port Said:-60 cases preserves. For Constant- with themselves. The question of debased inople:-54 rulls matting. For Odessa:-75 cases currency, which we recently had occasion to refer staraniseed. For Havre:-200 packages cassia. For London :-43 cases effects and sundries, 1,816 to, is rapidly growing more serious, and its effects are already being felt right at our very cases firecrackers, 17 cases chinaware, &c., 281 doors. A gentleman residing in Soochow, the bales canes, 40 cases bristles, 9 cases shells, 100 chief city of this Province and about 80 miles
casks ginger, 185 bases feathers. North-West of this, although not connected with Glasgow:-200 caska preserves. business has been making observations and thus Liverpool or Glasgow:-75 packages preserves. reports on the Kiangsu coinage. There are four London or Antwerp or Hamburg: -70 coins current in Soochow, namely: The copper
For London or Hamburg or Rotterdam For Leith:-6 cash (so called), the 5 cash piece, the 10 cash or Glasgow:-211 bales canes. piece, and the 20 cash piece, the two latter being cases effects. For London or Cont.-184 bales 1.-"In all feathers, 20 cases essential oil, 67 bales galangal, copper, and this is the report:
228 bales canes, 38 rolls matting. For Amster- transactions and quotations the cash is the standard. The cash of this Province are of dam:-84 packages effects, &c., 125 casks ginger, inferior quality, and the average cash current 20 cases chinaware. For Rotterdam:-200 pack-. in Shanghai will, whan melted down, sell for
ages cassia.
For Antwerp:-180 bales split bam- the value of from 1.5 to 2 Kiangsu cash.
boos, 100 bales feathers.
Tientsin
Clearances
In
|
Sesamum Seed Samum Seed Oil Vegetable Tallow Seed Oil Wood Oil Tea Oil
bristles.
For London or For London or
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