58
RAW COTTON.
HONGKONG, 25th January.-Moderate business at almost previous rates. Stook about 700 bales
Bombay...
$17.50 to $20.50 per pcl.
Bengal (New), Rangoon
and Dacca
22.00 to 28.50 Shanghai and Japanese 24.50 to 26.00 Tungchow and Ningpo 24.50 to 26.00 Reported sales, 150 bags.
YARN.
19
"
Mr. P. Eduljee in his report, dated Hongkong, 25th January, states:-A disappointing fortnight has been experienced in this market as with the near approach of the China New Year a demand from the country was confidently expected. This, however, may occur within the next fortnight, failing which importers may make up their minds for a dull and quiet market until business is re- sumed after the holidays. Meanwhile there has been more doing locally than during the previous two weeks, and sales to the extent of nearly 6,000 hales are reported, prices remaining with little alteration as those last given. The movement appears to be entirely speculative as at the moment there is nothing doing in the country. but the outlook warrants the action of the dealers, The demand has as usual run upon special favour. ite tickets of No. 10s which form the bulk of the settlements. Receipts for the fortnight are practi- cally nil, and being far exceeded by the off-takes our estimate of stocks shows a further satisfactory falling off.
Sales during the fortnight aggregate 5,989 hales, arrivals amount to 1,518, stocks estimated at 126,000, and uncleared goods in second hands 26,000 bales
THE HONGKONG WEEKLY PRESS AND
|
|
but little influence on the Manchester market, is down to 5.79d. in Liverpool for Mid. American and 10d.for Egyptian. The forward quotations in New York have also declined considerably, but we have not been able to get the definite prices. The mar ket for domestics is very strong and the only buy- ing for China is by some Tientsin importers, al- though better terms can be obtained for goods on this market. There is still fair demand for Indian Yarns for the River. Ports and Szechuen and a moderate business is reported. Prices are inclined to be irregular, as, though first hand holders are firm, there is a desire on the part of native holders to realise. Japanese spinnings are firm, but there is not much strength with the Jocal production. Native Cotton keeps steady to firm, suppliers from the country feeding the market very judiciouly. Grey Shirtings -The business reported this week is not sufficiently important to require separate suh-headings, in fact beyond the auctions the ouly sale from first hands that is mentioned is a small lot of 10-lbs. Bicycle chop at Tls. 3.10. We understand some transactions have taken place in 8.4.lbs. both from stock and to arrive, but parti- culars are not obtainable. At the auctions prices have been very irregular: 7-lhs were about steady 8.4-1hs fairly steady to firm. 10-lbs. yesterday had a downward tendency, but this morning showed a further advanceon last week's prices. The higher weights were fairly steady on the whole, but 13lbs 36-inch had a weaker tendency. White Shirtings. -A sale is reported of 5,000 pieves Gold Bat and Peaches at Tja. 4,75 and this is all we hear of from stock.
As a whale prices at auction do not show much change, the only feature worth noting being the firmness of hotter marks. T-Cloths and Jeans. The tendency was firmer at Auction for hoth kind Drills. Anerican.-The market is Local Manufacture:-No business is reported.
rather quieter. but prices are fairly steady. Japanese Yarn:-There has been nothing ding The only business we hear of from first hands in these spinnings. The stream of shipments is
is 8,400 pieces Enoree Fr at Tls. 3-57). The now being diverted Northwards where for some
sale reported from New York for the Tientsien Piedmont B at 10. 5d. time past it has been gradually but surely replac-market is quo bales ing Bombay No. 168 and No. 208.
Sheeting.-American-The enquiry from New- Raw Cotton-Sales reported during the fort-chwang is chiefly for 3 yard makes on the night are some 400 bales Old Bengals at $17, and 70 bales New at $20. In China kinda hales Shanghai are reported to have changed hands at $231. Quotations are Indian $17 to $201, and China $22 to $24.
J
Exchange on India, after some fluctuations, closes weak to-day at Rs. 1651 for T/T, aud Rs. 165 for Post. On Shanghai Tis. 73 and Japan 1094.
basis of Tls. 385 for Loray A; but as it only showed itself this morning we have not yet receiv ed any particulars of what has been done. Fancy Goods.-Thare has been some movement in com. mon Figured Cotton Lastings, and we have heard of the sale of 350 cases No, 4 quality at Tls. 250, while a few have also been placed to arrive, but at a rather better price than that. The Turkey Red market is being monopolised by the auctions fairly steady prices being realised this week. At the auction this morning Fast Black Cotton Italians have not shown up very well on the whole the tendency being weaker in most of the
The undernoted business in imported and seal spinnings is reported from Shanghai during the fortnight ended the 12th instant, viz:-Indian:--- Good demand with willing sellers despite a falling exchange. Total sales about 14,000) bales, No. 108 | chops sold. and No. 208 forming over three-fourths of the settlements with a small decline of half to one Tael, Unsold stock estimated at 105,000 bales.
Japanese-In good enquiry, sales amounting to about 3,500 bales on the basis of Tls. 86 to 95 for No. 168, and Tls. 98 to 102 for No. 203. Close strong.
Local-About 1,600 bales No. 10s and 1-fs are reported sold at Tls. 76 and Tls 77 to Tls. 88 respectively.
EXCHANGE
[January 26, 1907
MISCELLANEOUS IMPORTS.
HONGKONG 25th January.-The prices raling are as follows:-
COTTON YARN.-The low rates ruling for No. 10s. seen to have induced the dealers to operate on a larger scale; and a fair amount of business has been put through at almost previous rates. The rates for other counts have further receded about $2. and resulted in a small business, Quotations are:-No. 10s, at $72 to #95; No. 168. at $98 to $125 ; and No. 20s. at $100 to $139. Ar- rivals 16,000 bales; Sales 8,000 bales; Shipments 15,000 hales: Bargains 62,000 bales. Unsold stock 79,000 bales.
Bombay-Nos. 10 to 20, ...$80.00 to $125.00 English-Nos. 16 to 24, .135.00 to
140.00
"
22 to 24, 28 to 82. 38 to 42,
...140.00 to ...150.00 to 160.00 to
145.00
155.00 165.00
COTTON PIECE GOODS-Market fat. Nothing
doing.
Grey Shirtings-7 lbs.
8.4 lbs.
per piece $2,40 to $2.50
3.00 to 3.70
9 to 10 lbs.
to White Shirtings—54 to 56 rd. 2.70 58 to 60 3.00
to 3.20 64 to 66 3.25 to 5.30 Fine........ 5.50 to 7.60 Book-folds 5.00 to
4.00 to
4.80
2.90
"7
33
7.76
1.50
Victoria Lawns-12 yards 0.60 to T-Cloths-6lbs. 32 in. (Ord'y) 2.00 to
7lbs. 32,. 6lbs. 32
7lbs. 32
NT
2.20 2.25 to 9.75
(Mexa). 2,20 to 8.35
2.40 to 3.05
8 to 8.4 oz., 38 in. 3.00 to 3.70
Drills, English-40 yds, 138 4.50 to 7.25
14 lbs. FANCY COTTON-Small sales.
Turkey Red Shirtings—|| to
Brocades-Dyed Chintzes-Assorted Velvets-Black, 22' in.. Velveteens-18 in.............
Market quiet.
per*piece $1.50 to $3.85
8 lbs.
$0.12
per yard
to $0.15
0.07 to 0,25
0.20 to 0.40
0.18 to 0.81
per doz. Handkerchiefs-Imitation Silk 3046, to $0.95 WOOLLEN-Market sick. Small sales.
per yard Spanish Stripes-Sundry chops$0.65 to 200
German,
1.20 to 2.50 Habit, Medium & Broad Cloths,...8.50 to 8.00
per piece
Long Ells-Scarlet, 7-10 lbs...$6.3 to $8.75
Assorted..
6 65 to 8.90
Camlets-Assorted. Lastings-30 yds. 31 inches?
Assorted
11.00 to 81.00
13.00 to 18.50
per ib.
PIECE GOODS.
Messrs. Noel, Murray & Co.'s Reput on the Shanghai Piece Goods Trade, dated Shanghai, 17th January, 1907, states:-There is little or nothing to report in the way of specific sales "on the market from stock. There continues to be a moderate business doing to arrive in goods that had been previously contracted for in Manchester, but actual fresh business is out of the question at the moment in most makes, and more and mor distant delivery is required by manufacturers. To-day it is reported the dealers have much better advices from Newchwang, and the merchants for that market are endeavouring to buy. The en- quiry, so far, is almost entirely for American makes, chiefly 8-yards Sheetings and Jeans, and holders are expecting to get much better terms than have been current for a considerable time there is not any very definite or reliable nex8 con- cerning Manchuria the authorities are not stand- ing still in the matter, and it is reported fresh trading centres are being opened and the Native Custom-houses established on the borders. There is fair promise, therefore, that by April when the Russian and Japanese military have to vacate the country according the their treaty, it will be in a position to resume trade with all confidence and vigour. The Manchester market keeps strong with a brisk all-round enquiry. Manufacturers are again becoming crowded with orders, and more distant delivery is required. We know some business is being done for this market but for the most part above currentratas. Spot Cotton, which can have
Although
FRIDAY, Jan. 25th. On London.-Telegraphic Transfer...2/21
Bank Bills, on demand Bank Bills, at 30 days' sight... Bank Bills at 4 months' sight Credits, at 4 months' sight Documentary Bills, 4 months' sight 2/3,
2/241
2/27
2/1
Blankets-7 to 11 lbs.
$0.80 to $0.78
2/3
META LO—
per picul
Iron-Nail Rod
$4.25
UN PARIS
Square, Flat, Round Bar (Eng.)... 4.20
Bank Bills, on demand Credits 4 months' sight.
2814
Swedish Bar ..:..
4.80
286
Small Round Rod
4.80
UN GERMANY.
Hoop to 11/8 in.
6.60
On demand
229
Wire, 18/25 oz.
9.80
ON NEW YORK.-
Wire Rope, Old.....
8.00
Bank Bills, on demand
544
Lend, L. B. & Co. and Hole Chop ...11.10
Credits, 60 days' sight
551
Australian
.11.10
ON BOMBAY. ---
Yellow M'tal-Munts 14/28 oz.
.43.8′′)
Telegraphic Transfer
1654
Bank, on dewand
1631
Vivian's, 16/32.oz., Elliots, 16/28 oz...................
48.50
.43.50
ON CALCUTTA. —
Tin, .
99.00
Telegraphic Transfor
1651
per box
Bank, on demand
165)
Tin-Plates,
.$6.90
ON
SHANGHAI.—
per picul
Hank, at sight
73
Private, 30 days' sight
731
Quickallzer.
109}
Window Plates,...
..$111.00
per box.
$8.75
ON YOKOHAMA,——
On demand
ON MANILA. —— On demand
ON SINGAPORE. —
On demand
ON BATAVIA. - —
On demand
ON
AIPHONG.-On demand
v Saigon-On dema¬d ỐN BANG OK.-On demand. Sove kions, Pank's Buying Rate Gold Leay, 100 fine, per tael BAR SILVER, per os.
51 p.c.p.m.
...1341 itp.c.p.m. 1 p.o.p.m.
631 89.95
$47.20
.314
MISCELLANEOUS EXPORTS
Per M. M. steamer Salasis, sailed on 22nd Jan. For Marseilles :--183 bales raw silk, 203 bales waste silk, 29 cases silk piece goods, 18 casse feathers, 36 packages buman hair, 29 packages tam, 108 cases palm leaf fans, 6 cases curios. cases ylang ylang oil, 14 caens hats, 23 packages sundries. For Lyons :---168 balas raw silk.
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