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COMMERCIAL.
KOBE MARKET REPORT.
The "Kobe Market Report," published under the direction of the Hiogo and Osaka General Chamber of Commerce, and dated 18th September, 1906, bas the following
IMPORTS.
Cotton.-American. Legitimate transactions in “forward" are still prohibited owing to specula- tive sales which continue at from Yen 1 to Yen 1.50 below home quotations. The condition of the crop, however, reported on the 10th instant, which caused a slight rise in price, has made speculations less free during the past week. Quotations for "spot" have advanced a great deal since our last report owing to shortage of stocks. 'Spot" Mid- dling is quoted at from Yen 34.25 to Yen 34.50. Indian. Business in "forward" has been on a j purely speculative basis at from Yen 1 to Yen 2 below home prices. "Spot" business has remain- ed quiet and dull with the exception of clean and white cotton. Quotations have declined 50 sen to 75 sen since our last advices. Prices are: Best Broach Yen 27; Akola Khamguam Yen 21.50; Bengal Yen 19.25 to Yen 19.50.
HONGKUNG WEEKLY PRESS AND
absorbed, and in order to effect prompt clearances | of their holdings, some of the Teaman have been willing to accept from one-half to one tael reduc- tion on bids previously refused. Wenchow and Local Packs.-A moderate business has been done but the majority of the parcels on offer are unat- tractive and of uncertain value. Foong Mees.- Only a small business has been done, prices showing no change. Son Mees.---Good qualities have been. in demand at rather firmer rates. Common to medium qualities have declined Tls. 3-4 per picul with little doing. Hysona.-The market is quiet with few buyers; the small settlements reported shew a decline of about 10 per cent, on'last mail's quotations. This is no doubt owing to the unsatis- factory results of first shipments this season to Batoum, etc.
HANKOW. 19th Sept., 1906.-Business reported since the 12th inst, is as under
Settlements
Shipments to Shanghai
1906. J-Chests. 1,356
on Native account ...11,851
1905. -Chests.
1.881
The following are statistics at date compared with the corresponding circular of last season, riz. 20th September, 1905.
*
EXPORTS.
Sugar, White
Brown Candy Hemp Bags
Sacking. Paper I Quality
GOODS.
II Tobacco, Prepared Kittysols (umbrellas)
[October 1, 1908
PIECE GOODS.
during the last two weeks. Chinese.-The
high prices ruling render business almost im- practicable in both "forward" and " 'spot," and as local stocks are extremely small, no transactions are reported. Some Chinese cotton, however, of medium quality has recently been placed at Yen 27.60. Shirtings.-Prices for Greys have further declined and the situation shows no sign of improvement. Cotton Goods and Fancies.-Mar- ket quiet but deliveries fair. Worsteds and Woollens. No change to report. Window Glass. Nothing doing, stocks accumulating. Metals. Market somewhat firmer in sympathy with values at manufacturing centres. Sugar.- Beet.-As a consequence of the revolution in Cuba sugar prices in Europe have experienced a sharp advance. Values here, however, though firmer. have not so far undergone any great change. German Beet is quoted Yen 15.20 to Yen 15.25 per picul. Cane.-Hongkong Refined.-There is no business to report. Nominally in sympathy with the advance generally in the value of refined sugar Hongkongs are stronger. Osaka Refined. At the auction held on the 15th inst, no business resulted, the prices offered not being sufficiently high to meet the ideas of the Refinery. whole quantity available for sale was withdrawn. Rice.-Firmer in consequence of higher quotations from Rangoon and decreasing stocks consequent upan purchases said to be for export.
EXPORTS.
The
Tea. Settlements to date amount to picula 57,000 as against piculs 75,000 to the same date last year. Fish Oil.-Prices unchanged, without transactions. Copper-About 1,500 tons were bought at rising prices and almost the whole production is now sold out until the end of the year, and of some brands until end of March. Rice. No business to report, crop prospects remain favourable. Cotton Yarn.-A fair busi- ness has been done in better class yarn. Vege-- table Wax.-Market somewhat weaker, a few hundred cases have been bought at lower rates. Matting.--The increased demand for covering tatami has caused a sudden change in quotations; prices for export matting have advanced all round. Stock goods are eagerly taken up and manufacturers will not accept contract grades unless at prohibitive figures. Straw Braid.- Practically no change to report. The demand continued strong throughout the period under review especially for many fine descriptions, and prices have been well maintained. Chip Braid.-- The demand is steadily increasing, and owing to the scarcity of Chips prices have advanced with each enquiry.
1905. J-Chests. 438,532
HANKOW TEA.
1906. -Chests.
Settlements...
378,268
Shipments to Shanghai
on Native account Stock
57,088 27,147
Arrivals...
.462,499
KIURIANG TEA.
1906. I-Chests.
Settlements
158,018
11,323 42,795
490,650
1905. -Chests. 177,880
Shipments to Shanghai
on Native account Stock
10,652
2,527
3,404 6,375
Arrivals...
171,197
187.659
AMOT CUSTOMS RETURNS.
SEPTEMBER 25TH, 1906. List of the principal goods passed through the Amoy Customs House from 15th September to 21st September, 4 p.m. :--
IMPORTS.
GOODR.
Cotton, Raw, Indian Native Yarn
23
Shirtings, Grey
T-Cloths
Shirtings, White
T. Red Shirtings
Drills...
Shirtings Dyed. Brocades. Dyed
Damasks
Camleta Lasting.
Spanish Stripes
Lustres, Figured. Lead in pigs Tin in slabs Iron, Nail rod Quicksilver Iron, Old Iron wire Rice Opium, Patna
Benares
QUANTITY.
pls.
2,097 pcs. 1,050 825
11
2,844
200
+
30
109
$1
242
"
133
1
20
yds.
607
pls.
11
1
12
1J
41
34
12,763
65
pls.
*1
QUANTITY
pes.
pls.
448
184
80
pcs.
640
Messrs. Noel, Murray & Co.'s Report on the Shanghai Piece Goods Trade, dated Shanghai, 20th Sept., 1906, states:-Although importers find no improvement in the state of affairs here it is encouraging to record the symptoma of a better feeling at the auctions this week. Greys and Whites show slightly improved prices, Black Italians were decidedly firmer, while Turkey Reds practically recovered the fall in rates experienced In addition to this purchasers showed more eagerness to buy than has been noticed for some week past, and it is only to be hoped that these symptoms of a better feeling will be developed. Against this, however, the heavy stocks of nearly every class of goods must continue to have a depressing influence on the market, although the fears of a further rise in exchange and a decline in the price of cotton / seem for the time being to have been dispelled. Very little newa is to hand from the various out- ports, and clearances, as a general rule, are far from good. The Liverpool market is quoted quiet at 5.62d. for Mid. Orleans. This rate shows a rise of eight points on our last quotation, while Egyptian is slightly easier, being now at 9jd. Manchester reports a firm market and it is only where makers are anxious for work that any con- cession in prices is obtainable. In Indian Yarn business has been dull, although the slight decline in exchange tended to encourage business, and sales of 8,045 bales have been made, demand having come almost entirely from the River Ports.
MISCELLANEOUS EXPORTS.
Messrs. Arnhold, Karberg & Co.'s Fortnightly produce circular dated Shanghai, 17th September, 1906, states:-Gallauts.-A few transactions have been booked, but the enquiry is not brisk. Cow. bides.-The new season has not yet commenced. Tobacco. Some new season's Wongkong tobacco has arrived and the quality is considered satie- factory. A small business only has however so far been possible owing to adverse exchange. Ting chow tobacco is not expected to reach the
Feathers. market for one to two months.
Stocks are small and prices firm. Cotton.-The heavy rains and strong winds lately experienced have done some damage to the new crop, and although it is almost impossible to estimate the extent of same, we do not suppose it is more than say 10 percent. of the aggregate quantity. Tallow. -Owing to the high rate of exchange business has practically come to a standstill. Strawbraid. -Supplies to the Shanghai market are coming in more freely. Business has been done in Loyeh white, Shingkee, Yangshen, Purl and Split straw at full prices. Goatskin Rugs.-Good demand, but little offering at very high prices. Wool. →→ Sheep's.-Advices from the interior indicate that' supplies during the coming season will be much smaller than last.
TEA.
Messrs. Welch, Lewis & Co.'s Report of Sept. 17th, 1906, states:-Black Teas.-Only a limited business has passed during the interval since our last circular. Good second crop Keemuns have been in demand at Tls. 26-27 per picul, and the market has been cleared of such teas. For medium teas generally owners demand above the Hankow equivalent of values, and on this account business in such grades has been restricted. Green Teas. Pingsueys.-A good business was put through in the first week of the interval at firm and in some cases sightly higher prices ; recent arrivals, though of fair style, are more or less mixed, and at the close there seems little disposition to buy. Country Teas.-—Although the daily settlements have been small, the stock is gradually being
Wheat
Flour..
Persian
Malwa
Szechuan
4
Yunnan
"
14
Kiangsu,
Sesamum Seed
Sapanwood
127
Sandalwood
Rattans...
38
599
12,359
50,907
2,170
22 pcs. 18,000 gal.
Borneo in bulk Russian Sumatra
་་
Bulk.
*
**
Coal
ton.
Beancake
Beans and Peas
Bicho de Mar Mats, Tea...
Oil, Kerosene American
Tobacco Leaf Vermicelli
67,550
28,640
pls. 1,813
**
115
Per M. M. Co.'s Polynesien, sailed on 19th Sept. For Marseilles:-325 bales raw silk, 50 bales waste silk, 3 cases silk piece goods, 75 packages human hair, 6 cases feathers, 59 rolls atting, cases ylang ylang oil, 9 cases sundried For Lyons304 bales raw silk. For Milan-10 bules raw silk. For London-2 rolls matting.
Per steamer Devanha, sailed on 22nd Sept. For London:---150 bales waste silk, 13 cases silk, I case embroidery, 45 cases raw silk, 1 case linen goods, 4 packages tea, 2 packages old documents. 34 packages private effects, 1 box silverware, 2 eases china ink, 4 cases bird feathers, 5 cases blackwoodware. For Marseilles:-180 bales raw silk, 5 cases feathers, 134 bales waste, silk. For Milan:-10 bales waste silk, 30 baleš raw silk. For Lyons-285 bales raw silk.
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