བ"
414.
COMMERCIAL.
SILK.
|
¦
CANTON, 18th November, 1905:-7th Crop.-It is estimated that there will be 4,000 bales of this crop available for export, against 2,000 bales for the year 1904. Both quality and colour are reported to be good. Long-reels.-Local values have experienced a marked decline owing to the rapid advance of exchange, which is still checking business. Transactions have been booked at irregular prices according to the financial situation of holders; the tendency for "Natives" is very weak. From sales made we quote: Fres.--Wah Foung 9/11 from $885 to $8774; Kai Sun Cheong 10/12 at from $870 to $820; Hang Wo Cheong 10/12 at $865; Kum Lun Tai 13/15 at 8830; Tung Wo Hing 13/15 at $810; Wing Hing Lun 16/18 | at $785; Yu Ye Cheong 18/22 from $740 to $720; | Yee Wo Cheong 18/22 at 8715; Best 3me. ordre 11/13, 13/15, 14/18 from $725 to $6921. Short reels. The American demand rules dull, and some reelers have stopped producing Shortreels in order to replace them by Longreels. Waste Silk. The enquiry from the home markets has increased, and a fair number of transactions have been booked owing to the easier attitude of some holders in Canton: The prices in the interior ( are still much above the limits offered by foreign | buyers. Stock of Silk in Canton: 500 hales. !
HONGKONG WEEKLY PLEB3 AND
an
With the former an indent business on absolutely retail scale is going on. The advance in the raw staple we were enabled to publish in our last has been well maintained.-- The Liverpool quotation for Mid-American on the 27th inst. "was telegraphed at 6.28d., but fell next day to 6.19d., while Egyptian, which was quoted 81d. dropped to Bid. So far no indication of the cause of the upward movement has been advised. The last fort- nightly telegram of the export of plain cottons from Lancashire was 18,000,000 yards. An extra steamer was despatched to Newchwang on the 26th instant and took 1,250 bales cotton goods, mostly American. Further re-sales of some 2,000 bales of these goods have been made for the same market, which is reported strong. Tientsin re- mains dull and the last steamer will leave here on the 14th prox. most likely, although the more northernly Port is not expected to close now for another week. Shipments to the River Ports are steadily increasing. It is interesting to notice from Messre. W. H. Nott & Company's monthly tables for the nine months ending the 30th September, that the exports of British manufactures, etc., to Shanghai were almost double that of any previous year, and about equal to Bombay. Piece Goods.-There are still no sales to be reported from first hands privately. The little dispute that had arisen over the Yuen Fong auctions and caused their suspension for two consecutive weeks, has been amicably arrang- ed, and the sale to-day went off with considerable eclat to the sellers. In comparing the prices realised with those paid at the last sales, on 9th instant, it must be remembered that exchange has advanced nearly 4 per cent. since that date, on which basis very few items show a decline. At the Ewo auction prices were mostly upwards, and from these two sales we should certainly infer that a better feeling has ret in for cotton goods, but woollens do not look so satisfactory. Cotton Yarn-Indian. There has been more activity in the market during the interval that for weeks past, and although prices paid are so irregular it is impossible to indicate by just so much what the advance is, there is undoubtedly a distinct appreciation in values. For No. 1us there has been a rather more healthy competition between the River markets and Northern buyers, with the result that last week's prices have been well sustained, and in some cases actually show an advance. Other counts have not come out at all well, prices being very in and out. All the No. 20s, have been taken for the Szechuen market, per chest. and some very cheap purchases are recorded, quite upsetting the usual sequence of quotations. The sales amount to 7,010 bales in all.
Messrs. A. E. Burkill and Sons' Silk Circular, dated Shanghai, November. 25th 1905, states :-- The home markets quote Gold Kiling at Fcs. 34 in Lyons and 11s. 104d. in London. Raw Silk.- Since the date of our last Circular no business has taken place in Tsatlees; there has been a further advance in exchange of one penny. Yellow Silk.-Is easier in consequence of the advance in exchange. Steam Filatures.--Are neglected. Hand Filatures.-The prices asked by dealers are quite out of reach. Waste Silk.- Nothing doing.
Quotations are:
Malwa New
Malwa Old
OPIUM.
Hongkong, 9th December. Allow'ce uet to 1 catty.
per pical.
.$1030 tu
$1060 fo
1.
Malwa Older
$1110 Lo
do.
Malwa V. Old...
$1180 to
do.
Persian fine quality Persian extra fine. Patna New Patna Old Benares New Benares Old
$1150 to
.$1200 to .$982;
to $945 to .$940 to $915 to
do.
do. do.
ცი.
PIECE GOODS.
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Messrs. Noel, Murray & Co.'s Report on the Shanghai Piece Goods Trade, dated Shanghai, 30th November, 1905, states:-The promised de- mand, which the local dealers for some time past | have maintained must spring up during the "eleventh moon," is not in evidence as yet, nor have clearances during the interval shown any indication of an improvement in that respect. Still there are slight symptoms that their pre- dictions may be fulfilled in the near future, though perhaps not very clear as yet. There are rumours, however, that orders are already on the way from Szechuen for ten lacs worth of goods and yarn, and this is somewhat confirmed by the purchase -it may be speculative and in anticipation-of upwards of 4,000 bales of the latter during the interval. Sterling exchange too appears to have reached its zenith, and the slightly weaker quotations seem to be having a revivifying effect on the trade, for a high exchange has a more immediate influence on the market than a drop in cotton would have. The dealers are certainly becoming more in evidence and are probably finding out what they can buy from importers to make their assortments; for there are very few who have not ample supplies already on hand, or indented for, and a fair proportion of the former paid for long since, which no doubt accounts for the very poor clearances importers are experien- cing. The market is nominally easier, but it is just as hard to obtain advances against goods on storage as it was before; and unless some very heavy deliveries take place during the next six or seven weeks the stringency at China New Year time will be very severe. Forward buying is absolutely at a standstill, prices asked by manufac- turers for staple makes being very excessive, but with the heavy orders they have still on hand they are in the position to quote almost probibi. tive rates. Thus very little is doing with either Manchester or New York, in fact with the latter market all that has been reported is the re-sale of gome of the lighter makes originally settled for hipment here at a profit of abut 10 per cente
up
MISCELLANEOUS IMPORTS.
|
[December 11, 1905.
per pjece
Long Ells-Scarlet, 7-9 lbs. 7.75 to 8.90
Assorted
7.90 to 9.05 20.00 to 31.00
Camlets-Assorted... Lastings-30 yds. al inches Į
Assorted Orleans--Plain, 31 in.
18.00
to 21.00
Blankets-5 to 12 lba, METALS-
per lb. 0.60 to 1,50
per pioul.
4.10 to
Iron-Nail Rod
Square, FlatRoundBar(Eng.) 4.10 to Swedish Bar .... Small Round Rod
ཟྭ ཪྻ སྐྱུ་ སྐྱ་ རྒྱུ་
4.10 to
4.40
to
Hoop to 11 in
6.40
to
Wire, 16/25 oZ.................................................CE Wire Rope, Old
9.50
to
to
Lend, L.B. & Co. and Hole Chop 9.40
Australian
9.40 YellowM'tal-Muntz 14/20 oz.40.50
to
to to
Vivian's 14/20 os.40.50 to Elliot's 14/20 oz.40.50
to
.61.00 to
.88.50 to
Composition Nails.. Japan Copper, Slabs.. Vin...
Tin-Plates
Steel to i
Quicksilver
Window Glass
,87.00 to
per box
6.40 to per cwt, case
5.80 to
per picul
.118.00 to
5,50
per box to
Messrs. Arnhold, Karberg & Co.'s Fortnightly Produce Circular, dated Shanghai, 27th November, 1905, states:-The further rise in exchange which has taken place since our last report was issued has brought business almost to a standstill. Dealers are very slow ingealising that Tael prices for several articles have to be greatly reduced if they wish to keep pace with other competing markets. Gallnuts.-The market for this article continues dull and shows no sign of improvement. Buyers' ideas are far below what dealers would accept at present. Cowhides.-Several contracts have been made in the interval. First cost prices are unchanged in spite of the higher exchange | und dealers seem not to be inclined to make any concessions whatever. Tobacco. Sample bales of best chop cargo have come to hand. The quality, however, leaves much to be desired and will hardly be good enough for the requirement of consumers at home. Feathers.-Are a very dull market and a very small business has been done in the meantime. Cotton. The market has shown a very weakish appearance all through last week and a moderate business has been done with Europe. Tallow.-Remains firm and there is next to nothing doing. Strawbraid.-Stocks are accumulating, business not being feasible on
HONGKONG, 1st December.—The prices ruling account of high first cost prices and exchange
are as follows:-- COTTON YARN-
per bale
Goatskin Rugs.-Are in strong demand and a good business is to be recorded. Wool. There are large orders in the market from America and
Bombay-Nos. 10 to 20,...$ 90.00 to $128.00 prices are consequently very firm. English-Nos. 16 to 24,
•
22
HONGKONG QUOTATIONS. HONGKONG, 11th November, 1905.
140.0 to 160.00 160.00 to 165.00 167.50 to 175.00 180.00 to 100.00
Apricot
Borax
Cassia
Cloves
Camphor.
to 24, 28 to 32, 38 to 42, Reported sales 5,000 baler. COTTON PIECE GOODS-
per piece 2.20 to 2.25 Grey Shirtings-6 lbs. 7 lbs.
2.30 8.4 lbs.
3.00 fo 4.00 9 to 10 lbs. 4.10 to 5.30
13
to 2.40
White Shirtings-54 to 56 rd. 2.80 to 3.00 58 to 60 3.10 to 3.60 64 to 66 3.80 to 5.40 Fine......... 6.10 to 8.00 Book-folds 6.30 to 8.10 Victoria Lawns-12 yards 0.80 to 1.00 T-Cloths-6lbs. (32 in.), Ord'y. 2.20 to 2.30
7lbs. (32,, ),
2.70 to 3.00 to 6lbs. (32,. ), Mexs. 2.25 2.70 7lbs. (32,.
2.90 to ),
3.20 8 to 8.4 oz., (36 in.)3.25 to 3.80
95
SF
Drills, English-10 yds., 134 ) 5.10 เล 8.00
FANCY COTTONS-
to 14 lbs.
Turkey Red Shirtings-14 to રે 8 lbs. i
Brocades-Dyed Chintzes-Assorted Velvets-Black, 22 in. Velveteens--18 in.
1.75 to 3.70
per yard .0.13 to 0.16 0.09 to 0.30 0.23 to 0.45 0.21 to 0.25 per dozen Hundkerchiefs – Imitation Silk 0,52 to 1.00 WOOLLENB-
per yari Spanish Stripes-Sundry chops 0.63 to 2.00
German Habit, Med., and Broad Cloths 1.20 to 3.00
Low Bezoar
Fennel Seed Galangal. Grapes.. Kismis.
827 to .$15 .$14
"
$17 $19
17
}
$84
*
.$20 .$142
$115 $140
$6 .$51 .$91
"
"
.$17 $19
وو
Glue.. Olibanum
$25
"
$27
.$10
$15
Oil Sandalwood.
$800 »
Rosa
Cassia
.$100 .$150
$375 $160
"7
*
*1
Raisins
$19 $21
29
Sonna Leaves.
..$3
**
$6
Sandalwood
.$25 $30
11
Saltpetre.......
$124
"
MISCELLANEOUS EXPORTS.
Per P. & O. steamer Bengal, sailed on 2nd December. For Hamburg: -10 cases cigars. For Man- For Copenhagen:-11 cases cigars. chester:-350 bales waste silk. For St. Etienne: -30 bales raw silk. For St. Chamond :-12 bales raw silk. For Lyons:- 229 bales raw silk. For Marseilles-250 bales waste silk, 229 bales raw silk (optional), 5 cases feathers. For London :--- 10 bales canes, 5 packages private effecta, 4 cages cigars, 6 cases silks, 4 packages sundries, 5 cases lacquerware, 334 bules waste silk, 10 rolls matting, 1 case feathers, 75 bales raw milk, 110 packages tea. For Gibraltar:-1 case silks. For Malta --- 1 case silks.
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