50
COMMERCIAL.
SILK.
Messrs. A. R. Burkill & Sons Silk Circular, dated Shanghai, July 4th, 1906, states:We have transferred our Raw Silk and Pongee business to Mr. F. C. Heffer, who will in future issue the Circular. The home markets are firm. Gold Kiling is quoted in London at 138., and in Lyons at Fes. 50.50. Raw Silk.- No business has been reported in Teatlees, a small business only hav ing been done in Green Kishings and 9.12 Moss Taysanm. Yellow Silks.- Mienyangs have been settled at Tls. 395 for S. C. No. 1. Hand Fila- tures. We only hear of one transaction for Europe and a few bales for America. Steam Filatures.— Have changed hands to the extent of 300 bales. Waste Silk.-We hear that Kading Frisonets have been fixed at Tls, 26-27 for whole bales and Tls. 70 has heen paid for Curlies No. 1. Native speculators are chiefly responsible for the high price of Kading Frisonets.
OPIUM.
HONGKONG, 12th July, 1906.– Wẻ beg to coll- tinue our advices of the 28th June, since when the movements in our various Opium markets have been as follows:
+
Malwa Putan, Begares. Persiaa,
1.276 1677
Stocks as per circular of
28th ult., 1000 June 29th Imports per Decanka
29th
July 5th
9th- 11th
1
זי
11
132 13084
20
Laizang C. Aponte Nouring Delhi
173
**
178
Less Exports to Shanghai Less Exports to East and“
West Coast Ports Including Local Consumption for the fortnight..
Estimated Stocks this day
12
1.471 3,012 1,257 2,75
207
ההך
3-1
こっちに
CONF
1.264 9.221
31,7
Bengal. The Chinese have purchased a fairly large quantity during the fortnight. Prices after declining to $872) and $8021, recovered to $880 and 1805 for Patna and Benares respectively. The market closes steady.
Malwa Rusiness to the extent of 80 chests was done at the following prices. New ......
$ 950
3 4/5
Oldest
Persian. The market is quite.
A80
10330
1.050
1.130
PIECE GOODS. Masses. Noel, Murray & Co.'s Report on the Shanghai Piece Goods Trade, dated Shanghai 12th July, 1906, states:-Although there is still an enquiry at Tientsin for American goods, and more business could have been done at about
|
HONGKONG WEEKLY PRESS AND
TRADE WITH MANCHURIA. Several of the Japanese newspapers are taking up the recent complaints marle by the commercial community here and, at first sight, their arguments, supported by statistics, would lead to the conclusion that there was no justification for them. But an inspection of the figures shows that they are for the trade of the whole of China and not for Manchuria alone, anjl moreover the figures are for the years 1903, 1904, and 1905, up to which time there had been no reason to complain of any undue advantages having been taken by Japan to increase her trade at the expense of other Nations. The following extract from the Asahi shows what Japanese merchants are preparing to do with the assistance of their Government. Five Cotton textile companies in the Kansai district. viz. Osaka Boseki, Miye Boseki, Kanakin Sejshoký, Temma Orimono and Okayama Boseki have formed a guild for the exportation of cotton goods to Manchuria. The guild is to entrust Mitani & Co. with the sole business of selling their goods. The above-mentioned factories will manufacture cotton gooda equal to the standard quality, and label them with the same trade- mark. They will export at least 12.000 bales (valued at 1,200,000 yen) every year, and keep up the exports, even though they incur some loss in the business. The Mitsui Cà, has decided to do į its best to push on the sale, and the service will be rendered five of charge for the time being. ! In order to successfully promote their enterprise in the face of inevitable competition, the parties concerned have approached the Ministers of Finance and of Communications with the follow- ing requests:- (1.) The Government to guarantee a maximum loan of 6,000,000 yen at the rate of interest of 4 per cent, per annum, to be advanced i on documentary drafts, payable in four months. The loan fo be advanced in gold in Japan and repaid in silver at the place of payment of the drafts, according to exchange quotations on the Itioned in the drafts to be delivered under certa a
date of payment of the drafts. (2) Goods méh- [
limitations, even before they are paid or when a | security has been furnished, according to cir- cumstances. (3.) The Chinese Eastern Railway to carry the exports free of charge or at half : rates for one year hence. (4.) The marine freightage niso to be reduced to one-half for one year hence. In this connection the Government has decided to make the loan through the Yokohama Specie Bank without liminations as to the amount, not on cotton textilee, matches, cement. beer, marine products, timber. Cotton yarns, and other goods to be exported to In case a single concern or company has effected Manchuria, at the rate of 1 per cent, per annum.
an export of more than 5,000,000 yên a year, the Government will refund per cent of the interest mentioned above. As regards freightage the Government will carry out negotiations with the War Office in connection with the Chinese Eastern Railway, and also with the Nippon Yusen Kaisha and Osaka Shogen Kaisha. The Govern- ment will pursue a similar policy with regard to Corea, where the Dai-ichi Ginko (First Bank) is to act as the Specie Bank acts in Manchuria.“
previous prices, there is a lull in operations owing to the advance holders are now asking. This buyers do not seem inclined to pay until they get some inkling as to how earlier shipments pan out, consequently very little more than what we advised last week has been done, the sales and re-sales reported during the interval probably belonging to the preceding period. The weather has continued to be wretchedly had and the cotton crop is now in jeopardy, so there is every promise of great distress in the country. There is no special news from any of our dependencies. Some Yarns have been bought for the New- chwang market, but it does not seem prepared to take goods yet, and steamers for that port carry little more than food stuffs. Clearances for Tientsin, Chefoo and Kiaochow have improved, and the River steamers are taking more freight in the way of Piece Goods and Yarn. Taking it altogether the Native dealers appear to be decidedly more hopeful for the future. They are, however, very apprehensive concerning the recurrence of another flood, which is foretold as likely to take place owing to the overflowing of the Yangtze, and in a great many cases are taking the precaution to insure against it. The rates charged for this are certainly excessive, seeing that it is only likely the bottom tier of goods would be damaged, and it would only be a partial loss. The Manchester market is nominally firm, but there seems to be a little more disposi- tion to treat for fresh business. Prices are so niuch over these at present ruling here, however, that operators find little inducement to do anything. The Liverpool quotations for cotton received yesterday were 8.10d. for Mid-American and 10% for Egyption. The New York market is still very strong, but we hear some light cloths have been settled for this market, the particular weight being in comparatively short supply here at present. Yarns have continued active for both Northern markets and the Yangtze, and prices are improving all round: The demand for local requirements is keeping cotton firm,
|
ON LONDON.-
AN
ON
EXCHANGE.
MONDAY, July 23rd.
27
Telegraphic Trausfer Bank Bills. on demand Bank Bills, at 30 days' sight
2/11
LONDON. —
Bank Bills at 4 months' sight
Credits, at 4 months' sight... Docu uentary Bills. 4 months' sight PARIS-Bank Bills, on demand.....66} Credits 4 months' sight... 4703 ON GERMANY.-On demand
1217
ON NEW YORK.-Hank Bills, on deman 511
Credits, 60 days' sight
52 ON BOMBAY.-Telegraphic Transfer...[58]
Bank, on demand
158! CALCUTTA.—Telegraphic Transfer (58) Bauk, on demand
ON
ON SHANGHAL—Bank, at sight
Private, 30 days' sight
ON YOKOHAMA.—On demand.
ON MANIL-On demand ON SINGAPORE.-Ou demand
ON
24
1584
720
(73
1034
031
u
10 p..pm.
1271
p.o.pm. p.c.pm. 60° | $9.40 $19.60 .30
ON BATAVIA. --On demand..
HAIPHONG.-ON demand ON SAIGON--On dema d ON B NG OK.—On demanʻi SOVEREIGNS, Pank's Baying Rate GOLD LEAF, 100 fine, per tsel BAR SILVER, per oz,
(July 23, 1906.
AMOY CUSTOMS RETURNS. JULY 16TH, 1906. List of the principal goods 23rd June to 20th June, 4 p.m. - passed through the Amoy Customs House from
IMPORTS. ⚫ GOODS.
Catton, Raw, Indian
*
Ju
Native
Yarn
Shirtings, drey
T-Cloths
Shirtings, White T. Red Shirtings Drills..
Shirtings Dyed, Brocades..
Dy
Damasks Camlets Lasting.. Spanish Stripes Lustres, Figure Lead, in pigs Tin in slabs Iron, Nail rod Qrucksilver Iron, Old Ironwire Rice
Opium, Patna
QUANTITY.
pls.
345 10
++
pcs.
::
EX
yds.
pls.
098
25,407
Benares
Persian
Malwa
Szechuan
Yunnan
Kiangsu.
Sesamum Seed Sapanwood Sandalwood Rattans.
Wheat Flour..
Bennenke Beads and Pens
Bicho de Mar Mats Tea
Oil, Kerosene American
Borneo in bulk Russian Sumatra
Coal
Tobacco Lenf Vermicelli
Sugar, White Brown Candy
"
**
}|8}g=| E|} -
10
*
*
102
038 5,689 13,600
+1
7,308
4
pes. gal.
216,300
Bulk
103,080
tons pls. 578
60
EXPORTS..
thườ
QUANTITY,
pls.
Heup Bags
Sacking Paper I Quality
11
Tobacco, Prepared Kittysols (umbrellas)
**
pes,
192
pls. 323
40
"
pcs.
320 600
M CEISLLANEOUS EXPORTS.
Per steamer Ajaz, sailed on 5th July. For Port Said :--20 packages rattanware. For London or Continent:-150 cases bristles. For London:-132 cases chinaware, 24c cases black- woodware, 469 bales canes, 858 rolla matting. 30 cases palm leaf fans, 789 packages firecrackers, 400 cases preserves, 81 bales feathers, 580 pack- ages merchandise, 250 packages merchandise. For London or Glasgow:-250 cases preserves. For Glasgow:-6 cases jade stone. For Leith :— 2 packages furniture. For London or Continent: 50 cases bristles, 60 rolls matting. 37 bales feathers, 200 bales casria. For Buenos Ayres :→→ 9 rolls matting. For Amsterdam:-25 boxes ten, 125 bales cassia. For Rotterdam:-25 cases cassia, 30 cases tea, 11 cases tea sticks, For Antwerp:-30 bales canes.
Per P. & O. steamer Delta, sailed on 14th July. For For Manchester:-128 bales waste silk. London :-63 cases shells (opt.), 4 packages cassia, 24 packages private effects, &c.. 5 cases china ink, 3 packages sundries, 3 cases feathers, 155 rolls. mats and matting, 1 case woodware, 75 bależ waste silk, 486 half-chests tes (from Amoy), 2 For Gibraltar :- packages tea, 6 cases silks.
4 packages private effects, 1 case silks. For Milan-80 bales raw silk. For Lyons:-145 bales raw silk. For Liverpool:-3 cases cigars. For Marseilles :-3 cases feathers, 60 bales waste silk. 123 bales raw silk, 3 cases silks, 9 cases hair ̧
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