342
COMMERCIAL.
SILK.
Messrs. A. R. Burkill & Son's Circular, dated Shanghai, October 28th, 1905, states:- The Home markets are Firm. Good Kiling is quoted in London at 12.3 and in Lyons at Fcs. 34. Raw Silk.There is nothing doing. Yellow Silk. —A small business has been done. Hand Filatures.——— Nothing doing. Steam Filatures.-There is no business to report. Tussah Filatures.—A small
business has been done. Waste Silk. --- Business has been on a small scale but the tightness of money is making the dealers more reasonable in their demands. Among the settlements are:-125 piculs Honan Waste I at Tls. 79 for whole bales, 200 piculs Honan Waste II (good) Tls. 33 whole bales, 250 piculs Curlies I at Tls. 75, and 500 Piculs Tussab Waste Fes. at Tis. 22.
crops;
CANTON, 21st October, 1905.-6th Crop.-The estimated number of bales available for Export of this crop vary between 8,000/9000; the colour and quality are very good. Long-reels.- Durhing the earlier part of the forfnight Holders began to lose confidence, then a sudden and large enquiry from Europe made the market more active and firmer. The fines sizes and "Natives" have continued in market favour, finding buyers at full prices. At the close exporters do not appear so keen, and further business is checked by the steady advence in Exchange. From sales made we quote: Fres. Kun Wa Lan 9/11, from $920-$305 according to On Wo Hing 9/11, at $915; Kai Lun Cheong 9/11, at $905; Wah Foong 9/11, at $900; Shun Shine 10/12, at $8871;Meen Cheong 10/12, at $80; Yu King Cheong and Wing Po Cheong 10/12, at $870; Tsung Wai Hang 11/13, at $870; Kwong King Yuen 13/15, at $810; Shun King 16/18, at $780; Wai King Wo 18/22, at $760; Victoria at $750; Best 3me. ordre 11/1315--14/18, at from $732 up to $7424. Short-reels.-Have been in more demand at low rates, which crotain reelers have shown some disposition to meet. Fila. Kwong Wo Hing 14/16 and Miu Lon King 14/16 have fetched $845. Waste Silk.-As most buyers have withdrawn from the market, prices have declined, and now business is stagnant. Lately, local values are quoted easier from the country, but still rule much above the ideas of exporters, chiefly for market Extra unopened, Pierced Cocoons and Punjum Books.
OPIUM.
HONGKONG, 11th November. Quotations are:- Allow'ce net to 1 catty.
per picul.
Malwa New
$1080 to
Malwa Old
$1140 to
do.
Malwa Older
$1180 tu
lo.
Malwa V. Old.
$1250
to
do.
Persian fine quality ...$1150
to
do,
Persian extra fine.
.$1200
to
do.
Patna New
.$967)
to
per chest.
Patna Old
.$970
to
do.
Benares New
$947)
to
do.
Benares Old
.$950
do.
2 3 3 2 3 2 3
PIECE GOODS.
HONGKONG WEEKLY PRESS AND
some popular agitation takes place amongst the masses. It is said, but with what truth we are unable to ascertain, that the importation of copper dises will be prohibited after the contracts made prior to the 30th of September have been completed, and we presume that will apply to all parts of China. The harm has already been done, however, and it is almost like shutting the stable door after the horse has gone, for Copper Cash, as measured by these new ten cash pieces have depreciated fully twenty-five per cent., which means that the consumer in the Country has to pay that much more for his retail purchases of goods imported from Foreign Countries. Some of the dealers describe the situation as bad as it was during the Boxer years, and certainly the out-look is no brighter. In fact then supplies were being held back, whereas now they are steadily accumulating, and to such an extent as to seriously strain the storage accommodation. Pro- spects are unquestionably most gloomy. Whatever benefits to the trade that were to accrue after the conclusion of Peace appears to have been discounted, and competition with what has erst- while been practically a British and American trade is looming up in an ominous fashion. Only very moderate quantities are being shipped to Newchwang, and, considering that Port is ex- pected to close to Navigation about the 23rd instant, the out-look in that direction is not at all promising. The local dealers seem to think that not more than a further 10,000 packages will be shipped direct, the bulk of which will be American makes, Black Cotton Italians being the only fabric for which there is any demand taking but little from this, her wants being amongst English goods. Tientsin likewise is
supplied more and more by direct shipments from the home markets, fostered by the pernicious credit system which seems to be in vogue again. The River markets are in a wretched state, chiefly owing to the derangement of the monetary statutes as mentioned above. The Manchester prices that are quoted in response to enquiries market appears to be booming, judging by the and offers from here. Cotton is advancing, the latest Liverpool quotations being 5.77d. for Mid American aud 8d. for Egyptian, and for the sake of all concerned here it can only be hoped that it will keep up. From New York the only advice we hear of is that Cotton is quoted 10.59 cents. for January. The Yarn market is very quiet, though holders have managed to keep prices up fairly well in face of the firmness of sterling rates of exchange. Business has been on a very moderate scale and stocks of Indian spinnings are piling up, especially No. 10s. Local Yarns are being cleared satisfactorily. Japanese are likely to show a steady falling off owing to the growing tendency to establish importing houses at all the open Ports for the reception and dispensing of direct shipments. Cotton is by no means strong, the demand for Japan keeping very moderate, while, on the other hand, large quantities of American and Indian are said to have been contracted for by that country. Very favourable reports are expected, shortly to be published by the Local Mills, the shares in which have appreciated considerably in anticipation.
Messrs. Noel, Murray & Co.'s Report on the Shanghai Piece Goods Trade, dated Shanghai, 2nd November, 1905, states:-What with the advance in silver, and consequent enhancement of sterling rates, and the rapidly depreciating value of the popular currency, the Copper Cash, owing to the indiscriminate way it is being coined and issued all over the Country, the financial situation is fast approaching a crisis. The authorities have had ample warnings with- out heeding them, and each avaricious Viceroy or Governor has been allowed to work his own sweet will and flood the Country with token coins, on which they make more than a hundred per cent. profit! The distress that has already resulted is the real cause of the present depres- sion in commercial circles. The Foreign Banks, who do not handle Copper Cash, seem to treat the matter with a certain amount of supineness, though the harm done must revert on them eventually if the situation is not relieved before long. Some attempt has been made to get the Home Government to stir up the authorities in Peking, but the task seems to be too tough for hem-it is certainly a most stupendous problem o tackle-and nothing is likely to be done until
AMOY CUSTOMS RETURNS. NOVEMBER 7TH, 1905. List of the principal goods passed through the Amoy Custom House from 28th October to 3rd November, 4 p.m., 1905 :----
IMPORTS. Goods
Cotton Raw, Indian Native Yarn
20
"
*
Shirtings. Grey
T-Cloths
Shirtings, White
T. Red Shirtings Drills
Shirting Dyed, Brocades
19
Damasks
Dyed
Camlets Lastings Spanish Stripes Lustres, Figure' Lead, in pigs Tin in slabs Iron, Nail rod Quicksilver Iron, Old Ironwire
Opium, Szechuan
Yunnan Kiangsu
++
Sesamum Seed Sapanwood Sandalwood
Rattans....... Wheat Flour..... Beancake
Beans and Peas Bicho de Mar Mats Tea
Goode
[November 13, 1905.
Oil, Kerosine American
Sumatra Bulk
QUANTITY
..
71
21
**
29
4
639
T
"
19
13
53
J
6,811-
"}
2,222
JI
1,972
**
5,322
196
要
pcs.
gal.
"
Coal
.tons.
Tobacco Leaf Vermicelli
pls. 156
EXPORTS. Goods
1
Sugar, White Brown Candy
Hemp Bags
"
Sacking
Paper I Quality
1
II
"
Tobacco, Prepared..
Kittysols (umbrellas)
QUANTITY pls. 107
J}
15
778
pcs.
pls.
14,950 621
212
92
pcs.
HONGKONG QUOTATIONS. HONGKONG, 11th November, 1905.
Apricot Borax
Cassia
Cloves Camphor. Cow Bezoar Fennel Seed Galangal. Grapes...
Kismis.. Glue.
Olibanum
Oil Sandalwood.
Rosa Cassia Raising Senna LeaVOS Sandalwood Saltpetre..
$20 to .$15
.$134
$20
ཌ ན བ རྫ རྨ ཀྟི རྣ རྟ རྔུ བྷཱུ རྒྱུ
$17
$194
$36
$150
$5
.$128 .8120 .86
$3
$18
$20
$20
$22
.$25 .$5
$27
$17
$270 $50
$375
J1
$160
$100
$150
:$11
$12
84
11
$9
JI
$23 $29
$124
MISCELLANEOUS EXPORTS.
HANKOW, Nov. 1st, 1905-The prices quoted are for the net shipping weight excluding cost of packing for export :-
Cowhides, Best Selected
Do. Seconds
Per picul.
Tls. 35.75
Buffalo hides, Best Selected Goatskins, untanned, chiefly white color Buffalo Horns, average 3-lbs. each White China Grass, Wachang and/or
Poochi. WhiteChinaGrass, Sinshan and/orChayu,, Green China Grass, Szechuen Jute
White Vegetable Tallow, Kinchow...... White Vegetable Tallow, Pingchow
and/or Macheng
White Vegetable Tallow, Mongyu ...... Green Vegetable Tallow, Kiyu....iz...............
31.75
产品
18.00
11
12
50/55
8.50
12,00
#
10.50
18.00
»
4.50
"
9.00
11
8.70
13
8.25
**
11.00
20
11.00
JJ
......
17.80
""
QUANTITY
19.00
pls.
91
Tobacco, Tingchow
9.50
15
+
188 1,197 pcs. 2,160
Do. Wongkong
12.50
11
Black Bristles
"
(nom.)
>>
2,610
Feathers, Grey and/or White Duck
"
Wild Duck
11
"J
2,485
Turmeric
#
167
Sesamum Seed
8.70
"
231
8.00
3
154
545
❞ (nom.)
Wood Oil
Tea Oil
9.50 10.00
88
AL
บ
yds.
pls.
**
775
161
21
97
30
"
21,350
"
Benares Persian Malwa....
54
"
0
23
1
"
Rice Opium, Patna
Animal Tallow Gallnuts, usual shape
Do. Plum do.
Sesamum Seed Oil
Vegetable Tallow Seed Oil
Per P. & O. steamer Coromandel, sailed on 4th November, for London:-- 278 half-chests tan (from Amoy), 3 cases silk, 100 bales waste silk, 10 packages tea, 50 bales raw silk, 2 packages sundries, & cases Manila hats, 506 rolls mats and matting, 7 cases effects, &c., 8 cases cigars. For Gibraltar:-2 cases silk goods, 1 case cigars. For Manchester-53 bales waste silk. For Milan: -20 bales raw silk. For Lyons:-185 bales raw silk. For Marseilles:-59 packages tea and 1 box spare labels (from Foochow), 6 cases feathers, 165 bales raw silk, 250 packages tea, and 1 case embroidery.
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