.
*
98
COMMERCIAL.
SILK.
CANTON, 26th January, 1907-Silk market has experienced a marked decline on our last quotations, Reelers in general however appeared in no hurry to sell, and gave way slowly." "A fow purchases have been made in 13/15 at comparatively cheap prices. At the close the market is dull with a downward tendency. In S. R. 1416 for America business has been confined to about 50 bales at low rates. Waste Market.- Certain holders seemed more inclined to consider re. ductions, and cleared off a fair quantity of “Extra "Selected," Extra Extra" and Market Extra.
Supplies in the hands of Cantonese dealers are very light, and sales made show considerable divergence according to the cost price of the holdings. Stock of silk in Canton 1,200 bales,
OPIUM
•
HONGKONG, February 7th
Quotations are:- -Allowance net to 1 catty.
per picul.
ܸܝ ، ܐ ،
Malwa New
$800 to
Malwa Old
$860 to
do.
Malwa Older
Malwa Very Old
$900 to $940
1
Persian Fine Quality ($600
to to
do.
d...
$675 to
do.
$887! to
to
do.
$825
to
do.
to
d.
Persian Extra Fine
Patna New
Patna Old
Benares New Benares Old
COAL.
per chest.
Messrs. Hughes and Hough, in their Coal Report of 7th February, state that 21 steamers are expected at Hooghong with a total of 76,100 tons of coal. Since January 27th, 11 steamers have arrived with a total of 31,000 tons of coal. Quotations:--
Australian
Cardiff...........$1400 to 15.00) ex-ship, nominal. .810,00 to $11.00 ex-ship, nominal, Yubari Lump...$12.00 nominal. Miki Lump ...810.00 nominal. Moji Lump......$6.00 to $8.00 ex-ship,steady, Moji Unscreened$6.00) to $7,00 ex-ship, steady. Akaike Lump...$7.75 to $8.50 steady. Bengal...
¿
$9.00 to $9.50 nominal.
RAW COTTON.
HONGKONG, 8th February-Fair business put through. Stock about 600 hales.
$17.50 to $20.50 per pel.
Bombay.. Bengal (New), Rangoon
and Dacca
20.00 to 22.50
17
Shanghai and Japanese 24.50 to 26.00 Tungchow and Ningpo 24.50 to 2600 Reported sales, 275 bags.
YARN.
"
Mr. P. Eduljee in his Report dated Hongkong. 8th Fabruary, states-Settlements during the past two weeks have been on small lines, but con- sidering the season and the dislocated condition of the market they cannot be called un-
Prices satisfactory.
have ruled irregular, favourite spinnings barely remaining steady, and on the whole the market may be termed 50 cents to a dollar easier. Receipts continue to fall away, and it would appear that the stream of shipments is now being directed to Sha ghai, Our estimate of stocks still shews a heavy figure, and under existing circumstances is far beyond require ments. At the close buyers are entirely holding off and the business of this native year may be considered to have almost come to an end pending the revival for clearance after the holi- days.
:
Out
Meanwhile the ery is 'still they come." of the three or four old established yarn-dealing Hongs which had escaped the general disaster in December last one has had to go into bankruptcy during the interval. Its liabilities are estimated at about a lac and a half with nearly 7,000 bales of uncleared yarn on hand.
Sales of the interval aggregate 3,983 bales, arrivals amounts to 2,966, unsold stock estimated at 110,000, and uncleared yarn in second hands 30,000 bales.
Local Manufacture:-Continues quiet. Japanese-A sale of 70 bales No. 20s at 8134 is the only business of the fortnight in these threads.
Raw Cotton-There is nothing doing in China Cotton. Indian descriptions continue to move slowly and sales of 250 bales New Bengal at $20 to $21, and 244 bales old at $171 to 19 are reported. Quotations are $17 to $20 Indian, and China $21 to $24.
Exchange cn India, after touching Rs. 164 for T. T. and Rs. 1641 for Post, closes steady to-day at Rs. 165 and Rs. 1654 repectively. Shanghai 78 and on Japan 109.
On
i
|
|
|
|
THE HONGKONG WEEKLY PRES3 AND
The undernoted business in imported and local spinnings is reported from Shanghai during the fortnight ended the 2nd instant, viz:---
Indian: In fair demand at steady to firm prices, sales amounting to about 6,000 bales with an estimated stock of unsold and uncleared yarn of 170,000 hal s
prices in No. Itis, sales amounting to 2,200 bales Japanese: In steady demand at slightly easier
on the basis of Tls, 86 to 944 for No. 1tis, and T s 101 to 1023 for No. 20,
Local: hands.
Market firm, but no sales from fir.t
PIECE GOODS.
Messrs Noel, Murray & Co.'s Report on the Shanghai Piece Gouls Trade, dated Shanghai 31st January, 1907, states :-During the interval it was reported that Russia had notified the
Chinese
Government that she intended to evacuate Manchuria at once, and not wait until the 1th April as stipulated in the Portsmouth Treaty. Such a gratuitous display of vituo naturally causes some surprise. if not suspicion; and it is not difficult to find a reason for it ride the rent demands with reference to the opening up of Mongolia and threats in event of non- compliance So far as can be gathered the situation in Manchuria as regards future trade is being satisfactorily straightened out, and there seems to be every | romise that so soon as New- chwang is re-opene·l something more like the old order of things will be prevailing. As we approach nearer to China New Year the market is becoming quieter, and although quite a considerable
[February 9, 1907
*97 to $25; and No. 204 at $98 to $140. Arrivals 18,500 h Is: Sales 9,000 bales; Shipments 17,500 bales; Bargains 60,000 hales. Unsold stock 71,0 0 hales.
amount of business is reported this work, it is probable that the bulk of it was arranged prior to the present interval, as a good many of the principal merchants and dealers have already left for their homes. The settling has apparently been already arranged, and so far as we can make out only one of the Native Picea tioods Hongs is in any serious difficulties, and that over Fancy Dyed goods. Clearances cannot be called satisfactory, but money is coming with some freedom in payment of goods that are over due and to meet forward exchange contracts, the money market being still very easy. Telegrams from Manchester report a good demand from the trade generally, and prices continue very firm. The Liverpool quotations for Spot Cotton are 7,900. for Mid-American, and 10,4. for Egyptian, the former for all next month being 555d. The last fortnightly export figures were 14,000,000 yards of Plain Cottons, which will make the total for the month in the neighbourhood of 30,300,000) yards, a satisfactory decrease on the 13,000,000 yards of January last year! There is no special news from New York, but the report that 2,000 bales Clifton K 3.25. yard Drills had been settled for China at about 10s. 44d will give some idea of the market. The purchase is supposed to be for Tientsin direct. A fair demand continues for imported Yarns at steady prices; Native Cotton is rather firmer, At the leading Auctions this week the prompt date has been extended until after the New Year holidays, when prices are naturally firmer as a rule though it would have been more gratifying had ther heen no exceptions In the private market there is scarcely anything reported from first hands, nearly all the transactions published being actually resales, Fancy' Goods.-There is not much going on at the moment. A few special arrival, ut for the most part the market is quiet Print- have found buyers from stock and also for
and buyers are waiting for more reasonable prices to prevail Turkey Reds still show con-iderable weakness at Auction and holders find it difficult to obtain adequate prices privately. The Fast Black Cotton Italians in the majority of cases realised fully firm prices. Woollens - In spite of the deferred delivery the Auction sales have Blue Camlets are up about two mace, other shown but little improvement, Searlet and Dark
colours being irregular. Long Ells are fairly firm as compared with last week's prices, while Lastings and Spanish Stripes show some weakness. Cotton Yarn-Indian-Again a fairly good business is reported for the River markets, Szechuen. Tientsin and Tsingtau taking a few of the No. 10s. Prices have kept fairly steady to firm for all counte, especially No. 20s, while the sales amount to 4,045 bales.
MISCELLANEOUS IMPORTS.
HONGKONG, 8th February.—The prices ruling
are as follows:-
Honbay - Nos. 10 to 20, ...$80.00 to $125.00 140.00 English Nos. 16 to 21, ...135.00 to
22 to 24, ...140.00 to
145.00
28 to 32, ...150.00 to
་་
38 to 42, ...160.00 to
155.00 165.00
Corrov Pirce Goods-Market flat. Nothing
doing.
per piece
$2.10 to $2.50 Grey Shirtings 7 lbs. 8.4 lbs.
3.00 to 3.70 9 to 10 lbs.
4.00 to 4,80 to 2.90 White Shirtings-54 to 56 rd. 2.70
58 to 60 3:00 to 3.20 64 to 66
to * 3.25
5.30
Fine.
5.50 to 7.60 Book-folds 5.00 to 7.75 0.60 to 1.50 Victoria Lawns - 12 yards
7.20 T-Clothis-6lbs. 32 in. (Ord'y) 2.00 to
7lbs. 32 ..
2.25 to 2.75 6lbs. 32 ..
to (Mexs). 2,20
2.35
7lbs. 32
2.40 to 3.05 to 3.70
8 to 8.4 oz., 36 in. 3.00
Drills, English-40 yds., 131 { 4.30 to 7.25
to 14 lbs. 1
FANCY COTTON-Small sales. Market quiet.
per piece Turkey Red Shirtings-14 to $1.50 to $3 85
Brocades-Dyed.
Chintzes-Assorted Velvets-Black, 22 in., Velveteens-18 in.,.
8 lbs.
per yard $0.12
to $0.15
0.07 to 0.25
0.20 to 0.40
0.18 to 0.21
per doz. Handkerchiefs-Imitation Silk 8045. to $0.95 WOOLLENS-Market sick. Small sales.
per yard SpanishStripes— Sundry chops$0.65 to 2.00
German,
1.20 to 2.50 Habit, Medium & Broad Cluths,...3.50 to 60Q
Long Ells-Scarlet, 7-10 lbs...$6.50 Assorted..
Camlets-Assorted... Lastings-30 yds. 31 inches
Assorted
Blankets -7 to 11 lbs, METALS-
Iron-Nail Rod
per piece
to $8.75 8.90 6.63 to 11.00 to 31,00
13.00 to 18,50
$0.00 to $0.78
per picul
$4.35
per lb.
Square, Flat, Round Bar (Eng.)... 4.35
Hoop to 11/2 in.
Swedish Bar
Small Round Rod
Wire, 18 25 oz.
Wire Rope, Old....
Lend, L.B. & Co, and Hole Chop...11.10
Australian
Yellow M'tal-Muntz 14 28 uz.
Tiu,
Vivian's, 18/32 oz., Elliots, 18/28 02..
Tin-Plates, STEEL, 1 to 1..
Quicksilver,
Window Plates,
4.40
5.00
5.6-
9.80
3.00
.11.10
.44.50
14.50
.44.50
99.00
per box
8.710
6.70
per picul
$111.00
per box.
$3.75
MISCELLANEOUS EXPORTS.
Per picul
Tls. 37.00
33.00
,,' 22.50
HANKOW, 30th Jan., 1907-The prices quoted are for the net shipping weight excluding cost of packing for export :- Cowhides, Best Selected.
Do. Seconda Buffalo Hides, Best Selected. Goatskins, untauned, chiefly white colour Buffalo Horns, average 3-lbs. each White China Gruss, Wnchang and or
Poochi. WhiteChinaGrass, Sinshan and orChayn Green China Grass, Szechuen Jute.
White Vegetable Tallow, Kinchow White Vegetable Tallow, Pingchew
and/or Macheng er
| White Vegetable Tallow, Mongyu Green Vegetable Tallow, Kiyu.. Animal Tallow
2
Gallnut, usual shape
| Gallnuts, Plum
Tobacco Tingchow
do.
COTTON YARN.-A. fairly large business has been done in No. 166 at almost previous rates. i Tobacco Wongkong Prices for the other counts contined to decline Turmeric although there was a better demand for them, and a fall of $1 to $2) has been established. Quota- tions are No. 10% at $72 to $95; No. 158, at Tea Oil
Sesamum Seed Sesamum Seed Oil
"
68.00
"
7,00
10.00
"
9.80
11.00
5.60
10.00
9.00
9.00
14.00
10.00
+1
15.00
17.00
•
8.50
+
9.00
"
5.50
5.00
26
11.00
13
#
י
10
8.60
No comments yet.
Private notes are available after approval.