78
COMMERCIAL.
YOKOHAMA MARKET REPORT.
HONGKONG WEEKLY PRESS AND
SILK.
[August 6, 1938.
headings have been elaborated in these returns, Prints for instance; but the total comes very close to the estimate. The extra information given should be very useful, as also in the case of Dyed Cotton Lastings and Italians, which we intend to
The Yokohama Prices Current and Market scale only, and American buyers more especially / keep in future under the four separated headings
Report, published by the Yokohama Foreign Board of Trade, and dated Yokohama, July 16th, 1906, has the following:
IMPORTS.
ww
Yarns.-Market dull—no transactions or altera- tion in quotations. Shirtings. The market remains in a normal condition, without change in prices. Fancy Cottons and Woollens.-There is absolutely no emquiry for Fancy Cottons, but some small orders for the spring Woollen and Worsted trade are being sent forward. Metals. Suddenly exhausted after a brief show of activity during the first part of the period under review. Buyers are looking, for a break in the home market and a reduction in freights, hence are not purchasing. Kerosene.-Market weak. Sugar.-- At the Tokyo Refinery's auction on the 8th July, some 4,900 bags changed hands at an advance in prices of 3 to 15 sen per bag, but the market generally has remained quiet with little or no transactions reported in any other direction. Indigo (Natural).—A small quantity of Madras Indigo newly arrived has changed hands, but no sales of importance have been made.
EXPORTS,
Tea.-Arrivals of second crop since the 30th ultimo have been smaller than usual, and settle- ments have been about 2,300 picula less than during the corresponding period last year. Cup quality has been scarcely equal to the average of previous years, and native dealers report that the quantity will be less than last season. Prices liave been well maintained and quotations remain practically unaltered. Total settlements from May 1st to July 18th amount to 75,877 piculs, against 86,848 piculs at the corresponding dato last year.
TEA.
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The Yokohama Foreign Board of Trade Silk Report has the following:-Since the 1st of Jufy our market has been gradually weakening. Business generally has been done on a small
have held alof.
we mentioned in ours of the 28th June, although By far the larger part of
the Statistical Secretary of I. M. Customs doubta arrivals have so far been confined to Filatures.
very much whether it will be possible, as ROUND although a few parcels of Re-reels have cone importers are not particular what they designate to hand; but these were at once disposed of.
a thing if the tariff is the same. However, it is well Further supplies of these latter silks are, bow-worth trying, and when importers find the utility ever, now expected at any moment. At the close our market is quiet but steady.
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WASTE SILK.
Arrivals of new Waste do not, so far, exceed 300 piculs, composed of a number of shall lots. which cannot be considered as representative in quality. Stock on the 10th July is estimated at 3,100 piculs, viz:--Noshi, 1,200 piculs Kihizzo, 1,500 piculs; Fierced Cocoons,-
-picufs; Sun- dries, 400 piculs.
Malwa Older
of it they will possibly be more careful. Thia promises to be such an important, if not the leading, part of the Manchester trade and it deserves to have more care and attention. We understand several of the Local Mills have failed to make any retures of their stocks, and as it is very improbable they had not some, the figureA must be taken cum graua salis Woollens are fairly near the estimates, and Cotton Flannels come out very close. Altogether we consider the returas the most satisfactory that have been made for yours.
EXCHANGE.
*ATURDAY, Ang. 4th.
OPIUM.
HONOKONG, August 3rd. Quotations are:--Allowance net to lipatty. Malwa New
per piful. Malwa Old
I do.
$950 to .$1000 to
ON LONDON. —-
do.
Telegraphic Transfer
2/ 1
do.
Bank Bills, on demand
2/13
to
I do.
Bank Bills, at 30 days' sight
2/11
to
do.
ON LONDON.—
$900 to
per chest.
Bank Bills at 4 months' sight
2/1
$
to
do.
Credits, at 4 months' sight
2/1
8880
to
do.
to
do.
Doca nentary Bills, 4 months'sight 2/1ị ON PARIS-Bank Bills, on demand... 265
Cr dits 4 months' sight.. ON GERMANY-On demand
269
216
$1050 to Malwa Very Old .$1120 to Persian Fine Quality ..$700 Persian Extra Fine .$760 Patna New Patna Old Benares New Benares Old
PIECE GOODS. Messrs. Noel, Murray Co.'s Report on the Shanghai Piece Goods Trade, dated Shanghai interval has relapsed into quietness again, and 26th July, 1906, states:-The market during the with American makes even re-sales y second hand holders are practically suspended. Whether or no the former buying was induced by the low prices which holders have since endeavoured to rectify remains to be seen; but certain it is all ontside demand has suddenly ceased! In Eng. lish goods there is still a little movement, though direct sales from first bands still remain few and far between. A few small sales of goods which were bought some time back for next season have been placed, but no fresh indent business with Manchester, so far as we can learn, has been entered into. Clearances have fallen off somewhat. No news of an encouraging nature has come in from the out-ports. The complications as regards the Manchuria trude are far from being straightened out, but with the assistance of the home Govern- ments, whose attention appears now to have been throughly aroused, some efforts may be made to obtain more equitable treatment for European and American merchants. The fears of floods in
Messrs. Welch, Lewis & Co.'s Report of 23rd July, 1906, states:--Black Tea-On this market musters of only 0,418 half chests have been shown; settlements reported amount to 700 half-chests. With a fair demand existing at
• Hankow, it seems as if we shall not have much shewn here this year. Green Teas-Ping-| sueys: The business in' these has been almost entirely confined to "single lines," only three or four chops have been sold at prices that shew no change from our last quotations. Teamen are still rather firm holders.
Advices received on early Teas shew them to have proved about 15 per cent, too dear. Country Teas.-The market for Moyunes was opened early in the interval, prices paid being 10 per cent. to 15 per cent. under the tael prices paid for first purchases last year. A fair business has been done in "Good quality many parts of the country are still giving rise to Moyunes at Tls. 26.28, "Medium" Moyunes at considerable anxiety, which must cause the coun- Tls. 22.24, and Medium Tienkais at Tls. 22.24 try dealers to avoid running into stocks Already per picnl. Up to the present prices have on the many of the inland water-ways are abnormally whole shewn little change, but the market is high for the season of the year, which is unusually distinctly weak. Fychows have been in demand early. The increasing competition in the carry- at steady rates. Judging from the buyers pur-ing trade, both on the River and Coast, way chases appear to be entirely for shipment to possibly lead to a freight war, a thing that is London and European Ports. Local Packs and always bad for trade. The market in Manchester Wenchows. These teas continue to be in demand is inclined to be easier, and manufacturers are and prices remain unchanged. Hysons.“ Good
commencing to make vertures for the Spring quality has been wanted for shipment to Batoum trade, hut operators hers are not yet prepared to at our previous quotations, other qualities have entertain such busines- with the uncertainty as met with a fair enquiry at a decline of Tls. 2 to 3 regards the Cotton C., The Liverpool market per picul from the opening. Sou Mees:-The is easier for Mid-American, 6.03d., but steady for market is steady for "Fine Teas with a good Egyptian at 101d. The market in New York is demand, but other qualities are weak with little reported "active and advancing Importers doing. Small leaf Soumees are wanted by both here are at a loss to understand it in face of the London and Batoum buyers, prices ruling are enormous stocks. The quietness of the market about ten per cent. over last year's tael prices. is reflected at the Auctions, prices for both Cot
tons and Woollens having a slightly lower tendency. The yarn trade is likewise quieter, but Cotton is firm and advancing.
11
Hankow, 25th July, 1906-Business reported since the 18th inst., is as under
1906, -Chests. 19,594
1905,
{.Chests. Settlements
21,801 The following are statistics at date compared with the corresponding circular of last season, viz., 26th July, 1905.
1906. J-Chests. 340,081 59,549
...399,630
1906. -Chests. 157,058
HANKOW TEA. Settlements..
Stock
Arrivals...
KIUKIANG TEA
Settlements
Stook
11,615
Arrivals......168,673
1905. -Chests. 406,628 43,845
450,473 1905. -Chests. 174,536 10,350
184,886
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HALF YEARLY RETURNS OF STOCKS.
ON NEWYORK. — Bank Bills, on deman 511
Credits, 60 days' sight
.52 ON BOMBAY.-Telegraphic Transfer... .1571 ON CALCUTTA,—Telegraphic Transfer 1574
Bank, on demand
1སྙ7༣
Back, on demand
ON SHANGHAI-Bank, at sight...
Private, 30 days' sight ON YOKOHAMA.- On ferrand. ON MANIL-On demand ON SINGAPORE. -Ou demand ON BATAVIA,--În demand... ON HAIPHONG.-Oy demand ON SAIGON-On dema d ON BANG OK. —On demani SOVE KIONS, ank's Baying Rate GOLD LEAF, 100 fine, per tael BAR SILVER, par oz...
These valuable and interesting figures were published by the Chamber of Commerce on the 23rd instant, and in the two leading lines of Cottons-Grey Shirtings and Sheetings, greatly exceed the already heavy estimates based on the 30th December returns. However, we are so used now to having large items of additial import cargoes published months after the original declaration, no doubt a great deal of this discre pancy will be accounted for in due course, although it does amount to upwards of half a million pieces in each case. Unless the local consumption of T-Cloths has increased very considerably the figures for these are rather amiss, especially as the imports have greatly exceeded the re-exports. | The figures for White Shirtings, Drills and Jeans are remarkably close. The articles under some
FREIGHT.
..1574
721
731
.103 .1023
.10 p..pm. 1287
2) p.o.pm. 2 p.c.pm. 60
89,40 $49.65 .301
From Hankow per Conference Steamers.--To London and Northern Continental ports 46/- per ton of 40 c. ft. plus river freight. To Genoa, Mar- seilles or Havre 41/6 per ton of 40 c. ft. plus river freight. To New York (via Suez) 32/- per ton of 40 c. ft. plus river freight. To New York (via Suez) Tea 39/6 per ton of 40 c. ft. plus river freight. To New York (overland) Tea G. $1; cents per Ib. gross, plus river freight. To Shanghai: l'en and General Cargo, Tls. 1.00 to 1.80 per ton, weight
or measurement.
MISCELLANEOUS EXPORTS. Messrs. rnhold, Karberg & Co.'s Fortnightly Produce Circular, dated Shanghai, 23rd July, 1906, states :-Gallnuts. Buyers at home seem to be inclined to pay somewhat higher prices, and some few transactions have been put through in conse- quence. Cowhides.-Season closed. Tobacco.- Season closed. Feathers.-There is very little business doing as this is the off season for the article. Cotton.-- Prices rule very firm and as exchange is keeping on the same level, business for export is out of the question. Tallow.-There has been a good demand for green Kiyue Veg. Tallow and a good business has been done. Prices are firmer, and it is difficult to put through further business. Strawbraid.—Outside of Cor- dedge Purl a few small parcels of fine Split supplies remain practically nil. Prices for all Mottled Braids are firm, and the goods are picked up in the northern ports as fast as they are made. Goatskin Rugs.-Season closed. Wool.-Very little doing.
Per P. & O. steamer Sardinia, sailed on 2nd August. For London :- 26 cases cigars, 81 cases chinaware, 76 rolls matting, 200 packages cassia, 30 bales waste silk, I package sundries, 20 half- chests tea (from Amoy), 4,924 boxes tes, 110 pack- ages merchandise, 1 case curios, 5,875 bales Eemp, 27 cases shells, For Hamburg :-25 bales hrman
For Amoy-8 hair.
cases chinaware. For Havre:-206 cases camphor. For Marseilles :— 50 bales canes, 10 bales human hair.
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