T
106
COMMERCIAL.
TEA.
since the 16th instant is as under ; -
Settlements
...
1906. -Chests. 38,140
1905.
i-Cheats.
41,266
The following are statistics at date compared with the corresponding circular of last season, viz., 24th May, 1935.
HANKOW TEA.
HONGKONG WEEKLY PRESS AND
YARN.
Mr. P. Eduljee in his report, dated Hongkong, 1st June, says:—The return of demand appears to be as far off as over, and the market is passing through a period of most intense and unusual
Bame
את
(June 2, 1806,
light, and that so soon as the transport facilities are improved a big trade will ensue. However; any improvement is not expected to take place until that most important of settling days the fifth of the fifth moon is over, whịch does not occur until the 28th June on account of there being an intercalary 4th moon this year. It is quite likely this may be partly the cause of the alackness in trade, The almost utter hopeless- ness of being able to do any forward business is considerably curtailing the telegraphic com- munications between this and the home markets,
Hankow, 23rd May, 1906.-Business reported depression. The change in the weather, noticed last mail, has brought no enquiry whatever from the country, and business has again been insigui- | feant and confined to urgent requirements. Prices have further receded $1 to 82 per bale; the total loss in values from the highest point of the season bale. already amounting from $5 to $18 per There is no change in our estimate of stocks, the which, however, appear to be as ever. Even the recent arrivals being about the
theamall indent business in fancy gooda, has now offtake during the interval. The turn that the next ceased. The Liverpool quotation for Mid American fortnight or two will bring forth is booked forward | cotton has declined to 6.18d., but that for to by holders with anxiety, as on it depends, in a Egyptian remains at 104d. We have not heard great measure, the stability of some of our dealers, of any news concerning the New York market The and the readjustment of values of the existing either as regards piece goods or cotton. heavy stocks. Bombay continues weak.
market for yarna is almost as lifeless as that for the woven articles, especially the Indian spinpinge. native cotton is dull and drooping. The new crop seems to have been sown under favourable auspices and is now, in parts, already above the ground. Piece Goods.-The Auctions continue to monopolise the market and are the only indica- tions there are of its course. There was rather more enquiry for the favorite weights of grey shirtings for Ningpo, which kept prices fairly steady, considering the advance in exchange, and the poor demand for the River marts owing to the floods.
Settlements...
Stock
1906.
-Chests.
26,711
...127,300-
1905.
-Chests. 7,716 77,883
Arrivals......154.071
1906.
KIUKIANG TEA.
-Chests.
80,000 1903. -Chests
Settlement Stock
11,429
33,550
23,012
61,581
Arrivals...
36,441
65,181
SILK.
Messrs. A. R. Burkill & Sons Silk Circular dated Shanghai 17th May, 1906, states-The home markets are quiet. Gold Kiling is quoted in London at 12-101, and Lyons at Fes. 36.25. Raw Silks. There is no business to report during the interval. Yellow Silks. Very little doing. Hand Filatures.—A small business has been done with Europe at prices which show a drop of Tls. 20-30 per picul. Steam Filtures.-A settlement of Sun Chop 1 9-16 and 2 10-12 at Tls. 7271 avg. for Europe is reported. Waste Silks-Nothing doing. Crop.--No reliablo nows has been received from Shaoshing as to the opening price of Cocoons there. From the Woosis and Tastice districts there are reports that some damage has been caused by the hot moist weather of the last few days. At the time of writing there is a decided change, the weather being again cool.
OPIUM.
HONGKONG, 31st May. -Allowance net to 1 catty.
per picul.
do.
Quotations are :~-~-
Malwa New
$930. to
Malwa Old
$080 to
Malwa Older
.$1030 to
do.
Malwa Very Old
.$1080
to
do.
Persian Fine Quality ..$850
tu
do..
Persian Extra Fine ...$900
to
do.
Patna New
$865
to
рег
Patna Old
...$8321
to
do.
.$792
to
to
do. do.
Benares New Benares Old
COAL.
chest.
0
Sales during the fortnight aggregate 1,481 bales, receipts amount to 10,014, unsold stock estimated at 84,000, and sold but uncleared goods in the hands of dealers 55,000 bales.
Local Manufacture :-Remains weak in sy pathy with the imported article.
Japanese Yarn:-Has declined $3 per hale as is shown by the sale of a parcel of 125 bales Settsu No. 20s nt $142.
Messrs. Hughes and Hough, in their Coal Report of 31st May, state that 24 steamers are expected at Hongkong with a total of 93,200 tons of coal. Since May 20th, 16 steamers have arrived with a total of 61,019 tons of coal. The Report also states that the market generally remains qu'et. Cardiff has been quite neglected. Australian small to arrive 2,000 tons at $8 per ton ex-ship. Japaritse remains fairly steady, sales of about 15,000 tons mostly unscreened has been reported at $7.85 to $9.10 per ton ex-ship May, and or early June loading, Borneo Coal has been offering to arrive without finding buyers. Quotations:-
Cardiff.... $15.00 ex-ship, nominal. Australian $9.50 to $10.25 ex-ship, steady. -Yubari Lamp...$12.00 nominal.
Miiki Lump $12.00 steady. Moji Lump.....$0.00 to $10.00 ex-ship, steady. Akaike Lump...$9.75 to $10.00 steady. Bengal...... ..19.00 to $10.00 nominal.
RAW COTTON.
HONGKONG, 1st June.-Very quiet market
·Prices are easier. Stock about 1,600 bales. 'Bombay...
$18.00 to $20.00 per pel. Bengal (New), Kangoon) 19.00 to 23.00
and Daoca Shanghai and Japanese ...26.00 Tungchow and Ningpo
to 27,00
...26.00 to 27.00
++
19
|
j
Raw Cotton:- There is no movement in Cotton whatever; and until demand for twist is resumed, we do not expect to see anything done. China kinds are cheaper in sympathy with the lower cost of importation. Estimated stocks are Indian 1509
HONGKONG QUOTATIONS. bales and Chinese 210. Quotations are 819 to $22 | HovaKoNG, 1st June, 1906.
1 Indian and $22 to $24 Chita:
Apricot
Exchange on India has continued its upward course and has gained 2 points during the interval, closing firm to-day at Rs. 150 for TT and Rs. 180 for Post. On Shanghai 71 and on Japan 1041.
The undernoted business in imported and local spinnings is reported from Shanghai during the two weeks onded the 26th ultimo, viɛ:--
Indian-During the early portion of the inter- val low prices attracted the attention of both Newchwang and the River Ports, and a fairly large business was done at rather easier rates. Latterly the demand entirely subsided and the market closed weak. Total sales 6,550 bales and estimated unsold stock 94,000 bales.
Japanese-in sympathy with Indian spinnings there has been less doing in these threads, only 1,500 bales changing hands on the basis of Tls. 86 to 94 for No. 168 and Tls. 98 to 104 for No. 2008, prices showing a decline of one to three Taels.
Local:-A contract of 2,000 tales No. 14s at Tis. 861 has been reported.
PIECE GOODS.
Horax
Cassia
Cloves Camphor Cow Bezoar Fennel Seed Galangal Grapes Kismis Glue Olibanum
Oil Sandalwood
Rosa.... Caisia
Senna Leaves Sandalwood Saltpetre...
$22 to $24
.$21
力
.$18 "
.$20 $35
"
$150 $140
"!
..
$120 $162 .$8.75
$2.50, $5
$15
$14
$18
$24
$16
$250
$820
$50: $160
.8158: „ption
$4
雠
$29
.810 "
2
MISCELLANEOUS EXPORTS. HANKOW, 23rd May, 1906:--The prices quoted are for the net shipping weight excluding cost of packing for export :— Cowhides, Best Selectod.....
Do. Seconds
Buffalo Hides, Best Selected
ין
..
For picul
Tis. 87.00
33.00
18.00
21
17
(nom.)
.8.00
11.00
++
10.25
12.50
6.60
9.00
Goatskins, untanned, chiefly white color Buffalo Horns, average 2-lks, each White China Grass, Wuchang and or
Poochi.. WhiteChinaGrass, Sinshan and orChayu Green China Grass, Szechuen Jute.......... White Vegetable Tallow, Kinchow..... „ White Vegetable Tallow, Pingchew
and/or Macheng
White Vegetable Tallow, Mongyu .............. Green Vegetable Tallow, Kiyn. Animal Tallow Gallnuts, usual shape.
Do. Pluui do. Tobacco, Tingchow
Do. Wongkong ....................................... Black Bristles
0.40 8.50 "
8.25 10.00
12
11
16,20
•
18.50
9.00
11.00
$110.00
Messrs. Noel, Murray & Co.'s Report on the Shanghai Piece Goods Trade, dated Shanghai. 84th May, 1906, states-The market has been going from bad to worse, until now it is positively "dead," as the Natives expressively term it. It is futile to attribute this state of affairs entirely to the unsatisfactory position importers are finding themselves in as regards trade with Northern Provinces, for the same utter stagnation pertains to the whole of China. The real causes are un- doubtedly the tampering with the popular coin. age, and the curtailment of the export trade owing to the rise in silver, increasing the laid down cost of produce in gold using markets from 23 to 40%. This is a serious proposition, as it must have meant ruination to several industries that had sprung up when the tael was in the neighbourhood of two shillings, and that were being developed with some energy and expense. On the top of this some of the Central Provinces have been visited recently with disastrous floods, the full particulars of which are just coming to And when it is remembered that the hand. sufferers therefrom with their homes, lose their all —no money invested in public funds, or deposited in Savings Banks-the dire results of their misfor- tunes will be the better realised. The stagna- tion at present is really so severe that the Steamer Companies that cater for the River and Coast trades are allowing their vessels to lay up in the | River here, there being absolutely no demand for tonnage, the export of produce being stopped
Per steamer Moyuns, wiled on 23rd May. For and business in imports is at a standstill. There is nothing new regarding the position in London or Continent:-80 boxes camphor, 75 cases bristles. For Havre :—GO· bales duck fea- the North. Of course there are plenty of run-
thers. For Amsterdam :--181 ́ rolls mate, etc. ours, one being that the Japanese are arranging For Rotterdam 7 rolla mats, etc. For London : to pay the balance of the war notes that are in circulation in Sycse, but this lacks confirmation, -1,782 packages firecrackers, 201, rolla, mats, 50 though it is a scheme to be desired. Meanwhile bales waste silk, 256, caska, preserves,, 75 cases the emissaries from Shanghai have reached New-chinaware, 342 cases sundries, „For London or chwang, and leave there to-morrow night for Continent-170 cases bristles. 23 bales duck Mukden to pursue their investigations as to the feathers, 200 bales galangal, 887 bales caffès, 265 stoppage of Foreign trade. The native dealors rolla matting. For Manchester i—60 bales waste here are becoming more and more convinced silk. For Antwerp:--70 endes bristles, 7 bales
straw braid. that stocks in the interior of Manchuria are very
Feathers, Grey and or Whita Duck
Wild Duck
11
11
Turmeric Sesamum Seed Sesamum Seed Oil Vegetable Tallow Seed Oil. Wood Oil
Ton Oil
11
(now.)
"
3,50
3.95
"
8.00
"
11
(nom.)
7.80
10.00
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