110
market continues weak and a further decline in prices has taken place. Cane.-Raw. The mar- ket is quiet with no fresh business in the Kobe market. Muscovados 12/14, average not below 12Į, is quoted at Yen 5.70 c.f.i. Kobe. Osaka Refined. -At the auction of the Osaka Refinery held on the 24th July, 7,100 bags were disposed of at the same prices as the last sales of the 7th July, with the exception of a few high grades which were sold at an advance of 10 sen. The market is brisk with upward tendency. Rice.-Continues strong.
EXPORTS.
THE HONGKONG WEEKLY PRESS AND
[August 19, 1907.
HANKOW, 31st July, 1907.-The prices quoted are for the net shipping weight excluding cost of packing for export ;—
Per picul.
Cowhides, Best Selected..
Do. Seconds
Buffalo Hides, Best Selected.. Goatskins, untanned, chiefly white
colour
Buffalo Horns, average 3 lbs, each White China Grass, Wuchang and/or
Poochi......
WhiteChinaGrass, Sinshan and/orChayu Green China Grass, Szechuen Jute..
.Tla. 34.50
12
81.00
11
22.75
15
31
"
事业
9.70
7.80
11.30
This is what several of the mills in the United States Per steamer Moyune, sailed en 7th August have unfortunately failed to do, with the con- For Genoa :--25 cases staraniseed, 200 cases cassia, sequence that what have always been looked upon For Marseilles: -90 packages human hair, 50 as standard makes have been glaringly let down, | bales cines, 50 bales galangal, 20 cases China oil, and the value of their chops is almost irretrievably For Havre-460 bales mata and ennes, For ruinel on this market. It put the importers in a Liverpool :---50 bales rope, 180 packages Chinese most difficult position vis-a-vis buyers, who in the goods. For Manchester:-50 bales wäste silk. present congested state of this market are only too ready and willing to hit upon any excuse for repudiating their contracts. Manchester took years to learn how to avoid such pitfalls, and it behoves manufacturers in the States to be equally careful, if they do not wish their trade to be discredited in this country. On the receipt of the Tea.-Settlements to 30th July amount to piculs
news of the August condition of the crop the price | 54,000, as against piculs 50,000 to the same date
in Liverpool advanced to 7.38d. for "spot and last year.
Fish Oil-Market somewhat firmer 6.97d. for "futures," but has declined to 7.30d, to- for Herring, with some enquiry, but no tran- day for the former. Egyptian is a trifle easier at Bactions reported. Copper. -No transactious on
101d. The New York market is very strong still, account of still further declining Lon lon market.
especially for the lighter makes. In reply to an Rice.-Market strong. Cotton Yarn. Fair enquiry as to what Pelzer L. L. 4 yards shirtings business for forward goods has been done. The could be bought at the reply came 11s. 1048., and market for spot goods has gradually risen, and
another cloth of the same weight 11s. 10d., prices have advanced Yen 1.50 since last report. January-February shipment. The export of Vegetable Wax.-Market remains unchanged, plain cottons from England to Hongkong and China last month was rather heavier than anti- but firm at quotation, no transactions reported. Matting. Practically no change to report; prices cipated, coming to 330,000,000 yards for the seven remain very firm with a continued steady demand months, against 249,000,000 yarda last year and for supplies. Straw Braid-Prices have been 310,000,000 yards the year before.
The yarn fairly well maintained during the past fortnight, market is very quiet, with holders of Indian acting and consuming markets have been forced to re-
somewhat erratically. prices being distinctly spond in order to arrange for further moderate easier in consequence of the advance in sterling supplies. Chip Braid.-Practically no change to
rates of exchange. Bombay reports no business report. Prices continuo Arm with upwardoing. Japanese spinnings are weaker in sym- tendency.
pathy with Osaka. Native cotton is quiet but firm. There has not been a single private tran- saction reported during the interval in piece goods, and clearances are not so favourable as they were. Some fair shipments of fast black cotton Italians have been made to Manchuria via Newchwang, and these goods are also wanted for Szechuen, from whence there is also a better enquiry for woollen goods. Indent business is practically at a standstil At the auctions prices have been fairly well maintained in staple goods, and also the fast black cotton Italians, but Turkey reds are still inclined to drop. Woollens have shown a firmer tone generally. For American goods the market is very quiet at the moment It is said the native holders of Pepperell drills are willing to sell in quantity at Tls. 4.50: Jeans are firm, the dealers commencing to realise their scarcity.
OPIUM.
HONGKONG, August 16th.
Quotations are:-Allowance net to 1 catty.
per picul.
Malwa New
.$840 to
Malwa Old
$880
to
do.
Malwa Older
$900
to
do.
Malwa Very Old
.$940
to
do.
Persian Fine Quality ..$650
to
do.
Persian Extra Fine ...$700
to
Patna New
$820
to
Patna Old
to
do.
$815
to
do.
to
da.
Benares New
Benares Old
do. per chest.
|
White Vegetable Tallow, Kinchow White Vegetable Tallow, Pingchew
and/or Macheng
White Vegetable Tallow, Mongyu Green Vegetable Tallow, Kiyu........... Animal Tallow Gallnuts, usual shape Gallnuts, plum do. Tobacco, Tingchow Tobacco, Wongkong Turmeric Sesamum Seed Sesamum Seed Oil
Wood Oil Tea Oil
HONGKONG QUOTATIONS.
HONGKONG, 16th August, 1907. Apricot Borax
Cassia
Cloves Camphor Cow Bezoar Fennel Seed
I
11.50
11.00
14.80
22
18.00
5.25
專
+
9.40
*
""
"
$ 6 to 11 $ 15 17) $ 18 20 $16 # $100 $120
82 110
130
"
PIECE GOODS.
Messrs. Noel, Murray & Co.'s Report on the Shanghai Piece Goods Trade, dated Shanghai, 8th August, 1907, states-The hot weather has set in at last in real earnest in these parts, and though the belated and much needed sun has come in time to save the cotton and rice crops, to the unfortunate toilers here it is very trying and but little conductive to pushing business success. fully. Fortunately, perhaps, the first two days of the current week were the regular Autumn bank holidays which most offices observed for part of the days, the heat in the early afternoon being almost unbearable. It is not surprising, therefore, to learn from one who has lived in the North that the native merchants up there do next to nothing during the hot spell. The fact is, during the drought that Tientsin has just got through, the creeks had no water in them and the roads were all dust. Now after the rain, although the creeks are navigable, the roads are impassable, and so the delay in transport still continues. Fresh difficul- ties appear to be constantly arising to hamper the trade in Manchuria, by which Newchwang continues to suffer; now it is floods owing to the heavy rainfall, with the consequent washing away of railway embankments, etc. But these are only outward and visible signs of the depressed state of trade; unfortunately there are others, though not so pronounced. There is a general feeling of of unrest and insecurity. Bankers are suspicions and withhold credit. It is not only the piece goods and yarn markets that have been overdone, almost everything has suffered in the same way, and the day of reckoning must come. So much for the situation here. The home mar- kets are fortunately strong enough to discourage further importations for the present, and ever those that have felt themselves bound to buy "just to keep our cloths and chops on the market don't cher know” are not following it up. Man- chester keeps very firm especially the makers of standard cloths, as not only are they well engaged forward, but, owing to the low grade of cotton, have to pay points on to secure possible quality.
MISCELLANEOUS EXPORTS.
Messrs. Arnhold, Karberg & Co.'s Fortnightly Produce Circular, dated Shanghai, 8th August, 1907, states:--Gallnuts. Some small parcels have changed hands in the meantime. As to Plum- shaped Gallnuts, there is a rumour that the crop is not very big. Cowhides. Season closed. Tobacco.-Samples of the new crop are expected shortly. Feathers. Season closed. Cotton-No business reported. Tallow. Season closed. Strawbraid-l'he market remains very quiet, dealers commence to realize that they must lower their prices to come to business. There is some demand for fine and medium split for the States. Wool-Sheep's. Season practically closed. Wood Oil.-There is very little doing. Antimony Market quiet.
Per steamer Machaon, sailed on 30th July,
For Havre or London or Continent:-13 cases bris- tles. For London:-100 bales waste silk, 190 cases blackwood and chinaware, 30 cases bristles, 950 bales canes and mats, 150 casks soy. For London or Glasgow:-30 casks ginger. For London or Continent:-750 bales canes, 100 rolls mats, 67 bales feathers. For Rotterdam:-40 bales feathers, 600 rolls matting. For Antwerp:-400 cases palm leaf fans, 300 bales bamboo scraps, 70 Lales
Galangal
Grapes
Kiamis
Glue Olibanum
Oil Sandalwood
Rosa Cassia Raisine Senna Leaves Sandalwood Baltpetre
17
$ 11
3
A
导要
5
7
18
$
5
8
F
$ 26 28
2 13
$ 245
350
1
$ 60
150
"
"
6
$ 245
8 12
$ 25 29
19
"
$ 10
11
SHARE REPORTS
Messrs, J. P, Bisset & Co.'s Share Report for the week ending August 8, 1907, states:-Owing to the Bank holidays on the 5th and 6th inst. there has been but very little bussness to record since our last, and there are practically no changes in rates ruling last week. The T. T. rate on London to-day is 3/0 3/4. Banks-Hong- kong and Shanghai Banks.-We quote the rate for old and new as $680 and $515 respectively, There has been no business reported. Marine and Fire Insurance. - No business reported. Shipping.-Indo-Chinaa. The rates for Pref. and Def, shares are Tis, 30 and Tis. 21 respectively. Shanghai Tug & Lighter Co. A transfer in the ordinary shares is rep rted at Tls. 50. Docks and Wharves. On the 1st instant shares changed hands at Tla 78 ex div. for cash and Tis, 75 for September. There has been no business reported since, but the market closes steady at these rates. Shanghai and Hongkew Wharves. The market opened with cash shares quoted at Tia. 227, the September rate being Tls. 231. Some Per steamer Verona, sailed on 31st July. For cash shares being on offer the rate receded to Tis. New York-2 rackages grass chairs, 5 packages 226. For September, after sales at Tis. 2304 and merchandise, 10 cases human hair, 19 casks pre-Tis. 230, there were no shares obtainable under serves, 24 cases chinaware, 40 cases cantharides, Tis. 231, and at closing we quote cash shares at 45 cases bristles, 125 cases essential oil, 235 bales Tls. 328 with buyers, and September Tls. 231 canes, 343 bales rattan cores, 500 bales broken quiet. Sugar and Miring.-No business, Lands. cassia, 845 bags peanuts, 5,045 packages fire crac-
-Some shares changed hands at Tls. 100, and kers, 1,974 packages merchandise. For Phila
we hear of a reported sale at Tls. 98. There are delphia:-190 packages merchandise. For Bos-buyers at this latter figure. Industrial --Cotton ton:-447 packages merchandise.
shares remained quiet and no businėms reported.
feathers.
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