142
COMMERCIAL.
TEA.
HANKOW, 22nd August, 1906.–Business report- ed since the 15th inst., is as under :-
Settlements..
Shipments to Shanghai
*
1906.
-Chests.
1,598
1905.
-Chests.
2.444
817
on Native account ...10,000 The following are statistics at date compared with the corresponding circular of last season, viz., 24th August, 1903,
1903.
-Chests. 430,363
HANKOW TEA.
1908. ~
-Chests.
Settlements...
.369,480
Shipments to Shanghai
on Native account
24.124
Stock
49,219
9,415 36,001
Arrivals...
.442,823
474,860
1906.
-Chests.
Settlements
.158,018
Shipments to Shanghai
4,985 8,194
171,197
X. 6.80
187.639
KIUKIANG TEA.
on Native account Stock
Arrivals...
OPIUM.
1900. -Chests. 177. Hi
HONGKONG, 23rd August, 1906.- Since the 9th August, our prices in the various Opium marketa have been as follows:--
Stocks as per circular of
9th Aug., 1906
Aug. 10th Imports per Afalta
*+
10th
16th
11
21st
中華
21st
Malwa, Patna. Benares. Pergita.
G. Apeur
Lainang
Polynesien
Oceana
Less Exports to Shanghai Less Exports to East and West Cast Ports including Local Consumption for the fortnight..
Estimated Stocks this day
937 2,06 1,02%
201
100
W
1,814 16
100
100
4.1
25
383
ધર્મ
1,577 2,801 74 157
1,168 1.721
37
170 571 260
186
1.333 1,833 875 1.555
:
Bengal. The market has been quiet through- out the fortnight. At the close there is a steadier feeling prevailing, and the Chinese made some purchases of New Patna at $945/947). Prices are Old Patna $955, Benares $885, New Patna $950. and Benares $900.
Malwa.-There has been less doing during the fortnight, and prices declined $20 all round.
Quotations are:-
New
.$ 930
2
years old
980
3
1,040
"
4/5
1,080
Oldest
Persian. Prices are steady at $765/770 for best quality, but business has been small.
PIECE GOODS.
HONGKONG WEEKLY PRESS AND
[September 8, 1906.
Messrs. Arnhold. Karberg & Co.'s Fortnightly Produce Circular, date Shanghai, 20th Angust. 1906, states :--Gallnuts. Reports from the interior have it that there will be a plentiful supply of plumshaped Gallnuts. No reliable news to hand ret about the crop of usnal Galls. Some business has been done in usual and plumshaped, hat at the moment dealers are not open for any business in the former. Cowhides. —Renson closed. To-
expected to come in shortly. Feathers. Very little doing as the market is almost bare of stocks. Cotton. -- Prices are firm, and as there has been a smart drop in American Cotton, the China product does not interest consumers at home at the present quotation. Tallow. Very little doing. Goatskin Rugs. — Season closed. Wool, ----No stocks.
Per steamer Orestes, sailed on 15th August. For Antwerp: 51 bales feathers, 100 bales cassia, 13 bales canes. For Amsterdam:-100 cases preserves, For Rotterdam:-400 cases enssia. For Lemdon : - 251 half-chests tea, 120 hales canes, 250 bales cassia, 132 hales feathers, 300 enska soy, 15 enses preserves. For London or Hamburg or
Hamburg: 30 cases bristles. Antwerp:-50 cases bristles, For Antwerp or
For Hamburg :
150 bales galangal, 25 hales mats, du bales canes,
Per steamer Tydrus, sailed on 18th August, For Liverpool direct:-100 hales mats, 336 hags bre, 400 bales heup, 21 cases ginger, 82 enses kundries.
caused considerable loss to life and property, Then from Tientsin comes the news of the estab lishment of fresh Likin stations, which seems to he affecting dyed fancy goods in particular. | These have probably been introduced to cope with the ever increasing trade that is being done direct with producing markets by the Tientsin importers, and the re-exports from this are incidentally being put through the same process, another breach of the treaty that is obstructing trade. The Japanese|bacco. The first parcels of the new crop are newspapers are publishing more openly and boldly the well laid plans that have been devised by leading commercial houses in that country and the Government for exploiting the trades of Manchuria and Corea, until there can be little doubt now as to what their ultimate designs are. The Kobe Herald of the 16th instant gives a translation from a vernacular paper of the complete. scheme that has been evolved to usurp the position hitherto occupied by American and Manchester goods. Of course so long as they do nothing to infringe the terms of the Treaties, under which all nationalities are trading out here, no complaint can be inade, even if the Japanese Government is actively assisting in pushing the trade, but it be- hores the Home Governments of the interested parties to see the terms of the Treaties are strictly adhered to, so that there may be a fair field and no favour in the markets concerned, The Manchester trade, at all events, has had to contend against competition before this and is not yet defunct. With the decline in cotton the Manchester market is naturally easier, hut manufacturers are apparently so well engaged that prices are not coming down as much as might otherwise have been the case. Still they are
Per P. & C. steamer Dętki, sailed on 25th August. lower, the average on staple makes heing about For Manchester:-3 hales waste silk (opt.) For 54. since the beginning of May. The Liverpool | London:- 1 rase books, 17 pieces ivory, 11 enses quotations for cotton received yesterday were silks. 2 packages sundries, 7 packages curios, 1,959 5.41. for Mid-American, and 101d. for Egyptian. | packages tea, I case glass bangles, 202 bales waste For The demand for Indian Spinnings has been | tik. 115 bales raw silk. 3 cases feathers. somewhat stimulated by some liberal concessions Gibraltar:-2 cases curios, 2 raæs sil'
For in prices, and rather freer sales are reported. Hongkong is in a very parlous state owing to the heavy stock there. Several failures have taken place and an endeavour is being made to remedy the situation by abstaining from further importations, by mutual agreement. for a certain period; but it is difficult to see how that would work. Shanghai would be quite ready to send down supplies if their market offered any induce- ment. As to Japanese yarns they keep remarkably steady, but deliveries do not compare so favour- ably with last year, up to date, as do the Indian Spinnings. Local yarns are not being exported so freely as last year. Cotton is steadily declining in consequence of the splendid prospects for the new crop. Conditions appear to have been most favourable and a bumper, if not record, production is now anticipated. The auctions quite belis the situation and all we have written about it. Judg ing from them it might be inferred that the market was going on swimmingly, for really prices are keeping up remarkably well; as to whether they are paying or not is another question. Any how, they are absolutely the only indication of the tone of the market.
|
|
Mesars. Noel, Murray & Co.'s Report on the Shanghai Piece Goods Trade, dated Shanghai, 23rd August, 1906, states - There is little or nothing to write this week, and certainly nothing of an encouraging nature. It is many a long day since those at present engaged in the trade have seen such a state of utter stagnation as our mar- ket presents at this time. The trade seems to be paralysed, and there are no signs as to where relief is to come from. Exchange is higher, and cotton continues to decline, and until it can be seen with some certainty what the limit is likely to be in either case, forward transactions will remain at a standstill. There are no orders coming in from the markets at our dependencies that necessitate calling on first hand holders for supplies, and judging by clearances the dealers are receiving very few calls on their holdings. Clearances of Manchester goods have been fair, but not up to the average for the time of the year. American goods are moving very slowly, some weights being practically unsaleable at anything like their in- trinsic values. The only ray of hope we see is in the rather freer buying of yarns, though stimu- lated no doubt by the easier prices accepted by | holders, which shows that some of the markets are not absolutely dead, and the demand may extend to piece goods if adequate concessions can be arranged with holders here. What news has come in from the Out-ports during the interval has been of a rather unsatisfactory nature. Han- kow has been visited by freshets which have
រ
Milan : - 10 bales raw silk. For Lyons:-330 bales For Marseilles:-275 Galow raw silk, 3 taw silk. cases feathers, 2 cases silks,
Per steamer Sundo, sailed on 29th August. For London; --- 4,873 packages tea, 250 rolls butting, 200 cases cassia, 8 bales waste silk, 5 cases blackwood ware, 1 case silks, 1 case copper gongs, 3,213 packages preserves, 3 cases hats, 1 fase Japanese screens, 200 hales bamboo, 79 pack- ages merchandise, 1 case guns, 4 cases aniseed pil, 11 cases shells, 5 cases human hair.
ON LONDON.-
EXCHANGE.
MONDAY, Sept. 3rd.
ON GERMANY.-On demand.
Telegraphic Transfer
2/2
Bank Bills. on demand
.22.
Bank Bills, at 30 days' sight
..2,21
N LONDON.—
Bank Bills at 4 months' sight Credits, at 4 months' sight
2/28
2/2,
Docu nentary Bills, 4 months' sight 2/2"- ON PARIS-Bank Bilis, on demand 273
Credits 4 months' sight.
277
222
ON NEW YORK.-Bank Bills, on demand 52j
Credits. 60 days' sight
.53%
ON BOMBAY.-Telegraphic Transfer....
Bank, on demand
.1614
.1613
ON CALCOTTA.-Telegraphic Transfer 1611
32.00 18.00 (nom.)
Bauk, on demand
.1613
On Shanghai,—Bank, at sight
Private, 30 days' sight
73
781
8.00
ON YOKOHAMA.-Ou demand. ON MANILA.--On demand
.106
1051
*
10.50 9.90 12.25
7p.c.pm. 1304
MISCELLANEOUS EXPORTS. HANKOW, 22nd August, 1906:-The prices quoted are for the net shipping weight excluding cost of packing for export :-
Per picul. Cowhides, Best Selected.....
Tls. 36.00 Do. Seconds
25
Buffalo Hides, Best Selected Goatskins, untanned, chiefly white colour.. Buffalo Horns, average 3-bs, 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, Kiyu Animal Tallow Gallnuts, usual shape
Do. Plum
do. Tobacco, Tingchow Do. Wongkong Black Bristles
Feathers, Grey and or White Duck,
Wild Duck Turmeric
**
Sesamum Seed Sesamum Seed Oil Vegetable Tallow Seed Oil. Wood Oil Tea Oil
"1
ON SINGAPORE.-On demand ON BATAVIA. --On demand... 5.23 ON HAIPHONG.—ON demand
ON SAIGON-On demand ON BANG OK.-On demand 1080 | SOVE" EIGNS, l'ank's Baying Rate
9.30 GOLD LEAF, 100 fine, per tael
11.00
9.70
10:00
16.30
18.50
9,00
BAR SILVEB, per oz.
FREIGHT.
17 p.c.pm.
1 p.c.pm.
62 39.15 .$48.70
301%
"
(
From Hankow per Conference Steamers.—To 11.00 London and Northern Continental porta 46/- per 115.00 ton of 40 c. ft. plus river freight. To Genos, Mar- (nam.)seilles or Havre 41/6 per ton of 40 e. ft. plus river freight. To New York (via Suez) 32/- per ton of 40 3:50. ft. plus river freight. To New York (via Suez): 4:40 | Tea 39/6 per ton of 40 c. ft. plus river freight.. 7.50 To New York (overland) : Tea G. $1, cents per Ib. (nom). | gross, plus river freight. To Shanghai: Tea and 8.70 General Cargo, Tls. 1,60 to 1,80 per ton, weight (nom.) or measurement.
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