62
COMMERCIAL.
TEA.
Hankow, 18th July, 1906.--Business reported since the 4th July, is as under :---
Settlements
1906. -Chests. 10,657
1905. -Chests. 30,891 The following are statistics at date compared with the corresponding circular of last season, viz., 19th July, 1905.
1905. 4-Chests. 386.450 56, 412
HANKOW TEA.
Settlements...
1906. j-Chests. 324,266
Stock
70,739
Arrivals...
395,005
KIUKIANG TEA
Settlements
Stuck
1906. 4-Chests. 153.279 14,3753
+12,8(2 1903. -Chests. 172,913 11,598
Arrivals
167,632
184,506
OPIUM.
Quotations are :—.
Malwa New
Malwa Old
Malwa Older
$1050 to
do.
Malwa Very Old $1000 to
du.
Persian Fine Quality ..$700
to
da.
Persian Extra Fine ...$750
fo
do.
Patna New
$930
Lo
Patna Old
3--
[0
cbest. per
do.
$852!
to
tu
do. da
Benares New Benares Old
Hosakoso, July 25th. Allowance net to catty.
$950 to per picul.
.$1000 to
COAL.
do.
Messrs. Hughes and Hough, in their Coul Report of 26th July, state that 18 steamers are expected at Hongkong with a total of 78,000 tons of coal. Since July 13th, 12 steamers have arrived with a total of 43,395 tons of coal. The Report also states that the market for all kinds has been very dul, and no business is reported. All quotations are nominal.
Quotations:--
Cardiff..
$15.00 ex-ship, nominal.
Australian ......89.50 to $10.25 ex-ship, quiet. Yubari Lump...$12.00 nominal. Miiki Lump ...$12.00 nominal.
Moji Lump .87.25 to $10.00 ex-ship, steady. Moji unscreened$7.50 to $8,50 ex-ship, steady. Akaike Lump...$9.50 to steady.
Bengal..... $9.00 to $9.75 nominal.
RAW COTTON.
Stock about 1,200 bales. Bombay...
HONGKONG, 27th July-Moderate business.
$18.00 to $20.00 per pel. Bengal (New), Kangoon 21.00 to 23.0
and Dacca
Shanghai and Japanese...26.00 to 27.00 Tungchow and Ningpo .26.00 to 27.00
Reported sales, 175 bags.
YARN.
1+
Mr. P. Eduljee in his report, dated Hongkong, 27th July, states:-The better feeling last advised has developed into a strong demand, and during the interval a much larger business has been done in this market than has been recorded for many months past. The outlook for the future has considerably brightened, and after harvesting. which is now approaching rapid completion, dealers expect a brisk Summer inquiry, and are making speculative_purchases on more or less favourable terms. The demand has been general, and all counts are dealt in, No. 10s forming the bulk of the settlements and showing the largest advance. Values have appreciated 81 to $4 per bale, and the aspect of the market at the close points to a maintenance of the advance. The unexpected turn of the market for the better has restored confidence amongst both importers and dealers, and it is generally believed that with a continuance of the rise in prices, a large popular opium and yarn Hong, which has been freely talked about for the last few weeks, way yet safely come out of the fire. Bombay is reported strong.
Sales of the fortnight aggregate 14,393 bales, arrivals amount to 12,175, unsold stock estimated at 70,000, and sold but uncleared yarn at 60,000 hales.
Local Manufacture:-- In sympathy with the imported article these threads are firmer all round, and sales of 500 bales No. 10s at $931 to $95 are reported.
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HONGKONG WEEKLY PRESS AND
Japanese Yarn:-Continues strong, but with little business, the sales of the interval comprising 100 hales No. 16s Three Horses at $124, and 10) bales No. 20s Red Peacock at $131.
Raw Cotton: -The Auctuations on the other side do not appear to be reflected here, and the market continues as dull as ever. Thẻ business of the interval includes sales of 310 hales Super- fine Bengals at $22 to $23, and 150 hales Thoong- chow at $241. Unsold stocks 2,200 Bales Indian and 303 hales China. Quotations are $20 to $23. Bengals, and $22 to $241 Chinese
Exchange on India, after slight furtuations, closes weak to-day at Rs. 158 for TT and Rs. 1581 for Post. On Shanghai 72) and on Japan 1031
The undernoted business in imported and local spinnings is reported from Shanghai during the
fortnight ended the 21st instant, viz. į -
Indian: --With a further advance of 2 to 3 taels in values about 11500 bales have changed hands, stocks being estimated at 90,000 hales. Close strong.
Japanese: Total sales of the fortnight abbatt 3,000 bales at an appreciation of 1 to 4 taels.
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(July 28, 2906.
But' un-
railways is heard on all sides now. fortunately there is in China a so called progres sive and patriotic party that objects to the work being done by aliens, and consequently, as the representative of the British section of the Corporation so plainly put it in his speech on the ocension, it is a question "on the solution of which vast issues depend."
!
HALF YEARLY RETURNS OF STOCKS,
It is to be regretted that three or four of the most prominent import houses have, up to this morning, omitted to send in their returns, and therefore it has been impossible to publish them in time for this Mail. If a firm holds no stock at all it would greatly facilitate the work of compilation if they would notify the secretary of the Chamber of Commerce of that fact. The Auctions this week have kept steady to firm. The business reported as done privately is mostly from second hand holders, but in most cases gives an indication of the market.
MISCELLANEOUS EXPORTS.
HANROW, 18th July, 1906:-The prices quoted are for the net shipping weight excluding cost of packing for export :-
Per picul. Cowhides, Best Selected...
Do. Seconds
Buffalo Hides, Best Selected Goatskins, untanned, chiefly white color Buffalo Horns, average 3-this, each White China Grass, Wuchang and or
Poochi
White Vegetable Tallow, Kinchow White Vegetable Tallow, Pingehew
and or Macheng White Vegetable Tallow, Mongyu Greeu Vegetable Tallow, Kiyu Animal Tallow Gallnuts, usual shape
Do. Plum do. Tobacco, Tingchow Do. Wongkong Black Bristles Feathers, Grey and or White Duck...
Wild Duck
Local:- Market steady, but with a small busi. ness passing, sales amounting to 800 bales on the basis of Tls. 84 for No. 10s and Tls. 86 for No. 12s
: PIECE GOODS. Messes, Noel, Murray & Co.'s Report on the Shanghai Piece Hoods Trade, dated Shanghai 19th July, 1906, states:-The improvement noted in our last has shown some development during the interval, but it still remains for the most part in the shape of better clearances. The actual | WhiteChinaGrass,Sinshan and orChayu fresh business from first hands is still quite | Green China Grass, Szechuen infinitesimal, and importers have to console then- | Jute selves merely with the fact that the dealers are moving their former purchases with much more freedom. That is certainly a great consideration, and must be an immense relief to shme large holders. Of course here and there are importers of well known cloths, who did not participate in the huge forward business that was done last year, and are now able to supply the modest requirements of the moment direct: but imagine there are very few in that position, full supplies of most of the popular cloths having been settled ahead. Although no fresh uying has been done in Manchester for the Spring trade. some purchases that were made there a few months back have been placed, andi un much more favourable terms than at present obtainable. For Manchester goods the situation appears to be much brighter, and all concerned are more hopeful. With American makes, on the contrary. there is still a great deal of uncertainty. Stocks are steadily increasing and the transactions reported recently will not much Hore than counteract the arrivals. There was some welcome buying a few days ago, ostensibly for Newchwang, of American goods, though it is reported not to wate demand as in anticipation of one. Only be so much for the purpose of meeting a legiti.
We
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sotue 2,000 halos have been taken from second hands, but the business may have been curtailed by the higher prices wanted by holders. The warket up there is certainly improving, but operators seem to be still undecided about the position as yet. Tientsin is rather quieter, and shipments thence are showing a falling off again. Chefoo and Kiaochow are still taking moderate supplies, but the River trade is dull and uninterest ing. The weather in this Province has moderated soinewhat and the prospects for the rice and cotton crops are decidedly better. The Man- chester market is strong and concessions are not obtainable. The Liverpool quotations for cotton were wired publicly yesterday as 6.13d. for Mid- American and Id. for Egyptian, but a private telegram this morning gives the price of the former as 6.101. The last fortnightly sgures of the export of plain cottons were 9000400 yards. | The New York market is well maintained, and buying has continued for China in the lighter cloths. A good demand for yarns has been met with again, but at the close there seems to be a lull in the enquiry, as though buyers had bought enough for the present. It must be remembered that this is the third week consecutively of fairly large buying. Cotton keeps firm. A function, the importance of which to the future trade of this country it is impossible to foretell, took || place on the 16th instant, when the section of the Shanghai-Nanking Railway running fronj Shang- hai to Wusieh, a distance of 80 miles, was declared finished and opened. As is well known this road has built under the auspicies of the British-China Corporation and the eulogies passed on the work by some of the Native Officials, who were present at the ceremony, were well merited. The violent prejudices that were in such strong evidence thirty years ago, when the first road between this and Woosung, was inaugurated, have entirely disappeared and the cry for
Turmeric
"
Sesamum Seed Sesamum Seed Oil Vegetable Tallow Seed Oil. Wood Oil Tea Oil
Tls. 35.50
31.25
"
18.00
"
(nom.)
8.00
12.00
"
11.00
T
12.50
5.50
10.80
10.30
25
9.50
9,00
9.50
16.00
18.75
9,00
10.50
105,00
(now.)
+1
}
3.50
4,00
7.50
(nom.)
It
8.20 10.00
Per steamer Seydiltz, sailed on 18th July. For Alexandria:— 200 cases cassia. For Odessa:-22 cases bristles. For Constantinople: -40 bales galangal. For Genoa :---250 cases cassia, 176 bales raw silk, 6 cases black woodware. For Antwerp:- burg:-50 cases bristles. 100 bales leaf tobacco. For Antwerp or Ham-
For Amsterdam :--2- casos chinaware. For Rotterdam :~ 73 bales canes, 30 packages toa. For Bremen :—189 rolle matting. For Hamburg:-221 bales feathers. 153 bales canes, 36 cases blackwoodware and 5 cases chinaware.
.
Per steamer Prometheus, sailed on 18th July For London :--214 packages tea, 100 bales waste silk, 134 boxes chinaware, 47 cases shells, 2,210 - packages fire-crackers, 50 casks ginger, 63 packages sundries, 50 casks soy, 758 rolls inatting, 220 bales canes, 18 cases copperware, 50 cases bristles. For London and Glasgow:-250 cases preserves. For Manchester: 200 bales waste silk. For London and Cont:-300 bales cassia, õ5 cases bristles. 206 bales canes. For Amsterdam :-62 cases tea sticks. For Rotterdam -14 cases tea sticks. For Antwerp :- 35 cases bristles. 150 bales bamboo, 75 rolls watting, 7 bales feathers.
$22 to $24 $21 ** $14 $18
HONGKONG QUOTATIONS. Hongkong, 27th July, 1906.
Apricot Borax Unsuit Cloves Camphor
Cow Bezour Fennel Seed Galangal Grapes Kismis Glue Olibanum
Oil Sandalwood
.$18 834
$135 " $120 $145 .39
*
.$2,50 85
$12 $14
**
$13 $17
++
.$25
14
$8
11
.$250
817 $300
Rosa.. Cassia Raisins Senna Leaves Sandalwood Saltpetre
.$50 $160 .$150 $160
*
"
38
<<
.$3
+
$15 $23
.$10
$11
M
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