322
COMMERCIAL.
SILK.
Messrs. A. E. Burkill & Son's Circular, dated Shanghai, 21st October, 1905, states :-The Home Markets are quiet. Gold Kiling is quoted in London at 12.3. Raw Silk. There is still no business to report in Taatlees and the market generally is very flat. Yellow Silk. -A few bales of Mienchow have changed hands at Tls. 405-3971. Steam Filatures.-Nothing doing. Hand Fila- tures.--Nothing doing. Holders are willing to make some concession, but they are asking prices a long way above home ideas, Tussah Filatures.
A few small lots have changed hands. Waste Silk. The market has been quiet and sales have not been important, comprising 200 piculs Boiled Waste 1 & 2 at Tls. 24, 300 piculs Boiled Waste whole bales at Tls. 23, 200 piculs Show- shing Pd. Cocoons 76-77 per cent. at Tls. 884 whole bales, 200 piculs Woozie Pd. Cocoons 68-69 per cent. at Tls. 70. Dealers are asking Tls. 82 for Curlies No. 1, but there are no buyers at this price.
RICE.
Mesers. Wm. G. Hale & Co.'s Circular, dated Saigon 20th October, 1905, states: Owing to arrivals of Cochin China paddy being very small our market is steady, notwithstanding the entire absence of business, which is due to exchange having risen considerably.-
We quote for November delivery,
No. 2 White sifted (trié) steam milled
(round)
No. 2 White unsifted (ordinaire) steam
milled (round).....
5
Cargo steam milled (round)
10% Cargo steam milled (round)
HONGKONG WEEKLY PRESS AND
COTTON.
HONGKONG, 3rd November:-Very quiet, prices are lower by $2 per picnl, with no business. Stock
about 3,000 bales,
Bombay.....
Bengal (New), Rangoon)
and Dacca Shanghai and Japanese Tungchow and Ningpo
$18.00 to $19.00 per pel.
18.00 to 25.00
25.00 to 20,00 25.00 to 26.00
YARN.
D
"
Mr. Eduljee, in his Report, dated Hongkong. 3rd November, says:-Less inquiry has been ex- perienced during the past fortnight, but this has been expected, as the whole country is engaged in gathering the rice harvest, and will probably
so continue until the turn of the month, when a large demand is looked for. It may be mentioned hero that the present harvest is the best and most abundant the country has enjoyed during the last decade, and coming after a season or two of partial scarcity, trade is expected to greatly benefit thereby. Meanwhile the market again closes dull and depressed, values showing a further depreciation of 50 cents to a dollar per bale, with large and unwieldy stocks, and weak holders pressing sales.
Sales of the interval aggregate 3,115 bales, and our estimate of stocks (65,000 balea) shows a further large increase, arrivals amounting to 15,972 bales. Bombay is strong and prices have
advanced of an anna.
Local Manufacture:-Continues quiet and no business has been reported.
Japanese Yarn: There has been a brisk re- vival in the demand for certain chops, and the market looks on the eve of improvement, after its per picul depression for some weeks past. Sales reported are 150 bales Sakai No. 16s at $132, and 100 bales No. 20s at $140; 100 hales Miike (three Rings) No. 208 at $141; and 700 bales Settsu (Peacock) No. 28 at $145 to $145.
$3.65 83.25 $3.15 $3.05 * Prices according to terms and conditions.
20% Cargo steam milled (round)
OPIUM.
HONGKONG, 2nd November, 1905.- We beg to continue our advices of the 19th ultimo, since when the movements in our various Opium mar- kéts have been as follows:-
Stocks as per circular of
19th October, 1905
"
19
G. Apear C. Apear
Malia, Patna. Benares. Persian.
1,554 3,007 1,308 1,389
380
675 310 305
Oct. 19th Imports per Arcadia....
24th 30th
11
tt
Less Exports to Shangbai Less Exports to East and West Coast Ports including Local Consumption for the fortnight..
Estimated Stocks this day
34
1,934 4,107 1,708 1,403
31 270 175
148 670 183
21
1,755 9,107 1,350 1,382
Bengal. A good business has been done but prices have steadily declined owing to large supplies and the rise in exchange. Quotations
are:-
Old Patna
Old Benares
New Patna
New Benares..
$1,005
965 985 965
Malwa New drug is still in demand, about 250 chests have changed hands during the inter- val. Market is quiet at the following quotations:-
$1,110
New
2 years old
3
4/5
21
>>
Oldeat Persian. Very little doing.
COAL.
$1,140
$1,180
$1.230 $1,250
Messrs. Hughes and Hough, in their Coal Report of Nov. 3rd, stite that 13 steamers are expected at Hongkong with a total of 73,600 tons of coal. Since October, 20th, 15 steamers have
arrived with a total of 56,320 tons of coal. The
market generally rules much firmer. Quotations:
Cardiff....
$15.00 $16.00 ex-ship, nou:inal. Australian ......$10.00 $11.00 ex-ship, steady. Yabari Lump...$12.00 nominal. Miiki Lump...$11.00 to $12.00 steady. Moji Lump......$10.00 to $11.00 ex-ship steady. Akaike Lump...$10.00 to $10.50 steady.
Raw Cotton-There is no change to note in the continued quietness of Indian descriptions. New Crop Bengals are beginning to arrive, but have hitherto found no buyers The Cotton is ful of yellow seeds and slightly darker in colour. In China Cotton sales of 450 bales (small) have been effected at $26 to 824). Unsold stock 2,700 bales old and 160 bales new Bengals, and 450 bales China. Quotations are Indian $21 to $24 and China $24 to $261.
Exchange on India has advanced in sympathy with silver and closes to-day at Rs. 148 for T/T and Rs. 1481 for Post. On Shanghai 711 and on Japan 971.
The undernoted business in imported and local spinnings is reported from Shanghai during the fortnight ended the 28th ultimo, viz:-
Indian-Market dull and declining, total sales 2,300 bales, depreciation in values 2 to 3 Taels, and estimated unsold stock 75,000 bales.
Japanese-At a decline of 1 to 2 Taels about 2,300 bales have changed hands on the basis of Tls. 921 to 99 for No. 16s, and Tls. 102 to 107 for No. 20s. Close weak.
Local:-- About 1,000 bales are reported sold at unaltered prices.
PIECE GOODS.
Messrs. Noel, Murray & Co.'s Report on the Shanghai Piece Goods Trade, dated Shanghai, 26th October, 1905, states -Our market remains in the same state of stagnation as reported a week ago, and every one connected with the trade is as puzzled as ever as to what the next movement will be. Business in first hands amounts to practi cally nothing, if a few transactions in Fancies may count for anything, and against this clear- ances have been far from satisfactory. News from the various markets is not very cheerful, the only one showing any vitality being Newchwang, but we imagine present demands can easily be supplied from stocks in second hands. The Corean market is very quiet and in some quarters it is now being suspected that during the late spurt in demand they may have just overbought themselves. The Tientsin market continues clearing, in a small way, previous purchases, but we have not heard of much new business being booked. The Yangtsze markets are very bad, and barring a few purchases of Indian Yarn little has
been done.
the unsatisfactory condition of the past fifteen
The Hankow market continues in
months and we hear that the dealers are now complaining bitterly against the issue of New Copper Cash, as it tends to disarrange all the economic conditions of all the Riverine Ports. Locally dealer's attentions are concerned in the auctions of flood damaged goods which still con.
í
|
|
[November 4, 1905.
tinue, although on a more limited scale. News
from the Home markets show much firmness, Manchester being really strong. This state of affairs appears to have been brought about by manufacturers asking substantial advances which no one apparently is willing to pay and business, therefore, to all intents and purposes, is at a stand-till. The Liverpool Cotton market is firm at 5.77d. for Mid. Orleans and 714d. for Egyptian From private sources we learn there is a tendency for the market to become excited as recent nows has been received from New York that estimates for the American Cotton Crop are now price of Cotton in New York is $10.52 for January likely to be well inside eleven million bales. The delivery. In Indian Cotton Yarn a small business has been done by the River Ports at weakening rates, while arrivals amounts to 8,372 bales per
9.8. Arcadia,
MISCELLANEOUS EXPORTS.
Per steamer Diomed, sailed on 25th October. For Port Said:-25 rolls matting. For Havre or Hamburg or Antwerp:-110 boxes bristles. For London:-44 bales straw braid, 28 cases lambskin conts, 2,633 packages tea, 50 bales waste silk, 1,543 cases preserves, 375 casks preserves, 17 rolls matting, 58 cases shells, 75 packages effects and sundries, 20 cases bristles, 50 casks soy, 192 bales feathers, 225 packages merchandise, 3 packages rattan ware, 3 packages straw cuffs, 400 bales canes. For London or Glasgow:-150 casks preserves, 250 cases preserves. For London or Liverpool or Glasgow:-22 cases preserves. For London or Continent:-80 cases bristles, 2 bales kidskin crosses, 206 bales canes, 210 half-chests tea, 124 rolls matting. For Leith:-125 cases preserves. For Glasgow:-400 cases preserves, 100 casks preserves, 145 bales canes, For Ams- terdam :-50 casks ginger. For Rotterdam :--206 cases cassin. For Antwerp:-20 boxes bristles, 18 rolls matting, 5 cases human hair, 250 bales feathers, 82 bales canes.
ة
Par steamer Zieten, sailed on 25th October. For Colombo:--2 bales mating. For Naples:- 300 bales waste silk, 85 half-chests ten. For Genoa-280 bales raw silk, 200 bales cassia, 2 bales matting, 7 cases teapoys. For Genon or Bremen or Hamburg:-1 case hats. For Buenos Ayres:-250 package: tea. bales scraps, 32 bales leaf tobacco, 10 cases black- For Antwerp-300
woodware, 5 packages ten, 3 cases ginger, 2 rolls matting. For Antwerp or Hamburg:-110 cases bristles.
For Antwerp or Hamburg or London: 25 cases bristles. For Antwerp or Bremen or Hamburg-288 chests tea. For Amsterdaın :--- 190 cases ginger, 100 casks ginger, 49 casks preserves, 21 cases canes, 20 cases china ware, 10 enses fans, 9 casks preserves. For Rotterdam :- 320 cases ginger, 25 casks ginger, 4 bales matting. For Bremen:-232 half-chests tea, 50 cases ginger, 8 cases sundries, 6 cases rattanware. For Brem. en or Hamburg:-22 chests ten,12 half-chesta tea. For Hamburg: -157 bales feathers, 10) cases essential o:1, 20 cases preserves, 13 cases ginger, 10 cases cigars, 7 cases feathers, 4 rolla matting. For Copenhagen:-900 cases cassia, 67 bales feathers, 2 rolls watting.
Per M M. Co's, steamer Oceanien, sailed on 31st October. For Marseilles:-574 bales raw silk, 351 bales waste silk, 135 bales pierced cocoons, 15 cases silk piece goods, 70 packages human hair, 100 packages ten, 10 cases hats, 17 cases ylang ylang oil, 2 1 bales hemp. 6 packages sundries. For Lyons:-177 bales raw si'k. For Milan :--65 bales raw silk, 2 bales waste silk.
HONGKONG QUOTATIONS. HONGKONG, 3rd November, 1905,
Apricot Borax
Cassia
Cloves Camphor
$24 to $26 $14 $17
.814 $19.75
J
11
.$20 $36
"
$130
*
$120
1
Fennel Seed.
$5
13
.$2
"
$155 $6 $5
low Bezoar
Galangal. Grapes.. Kiamis.. Glue.. Olibanum
זי
$15 $20
$18 $23
#
$24
"
$4
1
$:7 $17
"
"
*
Oil Fandalwood
Rosa Cassia Raisins
$200
19
$340
.$59
事事
$150
$154
"
812
".. $14
$2
"
*9
"
Senra Leaves.... Sandalwood Saltpetre..........
.$24 428
$11.50 to $12.50
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