The-Hong-Kong-Weekly-Press-1907-09-21 — Page 14

Hongkong Weekly Press AND China Overland Trade Report All

186

PIECE GOODS.

Messrs. Noel, Murray & Co.'s Report on the Shanghai Piece Goods Trade, dated Shanghai, 12th September, 1207, states:-It is to be hoped we are now drawing near to the close of the long spell of depression under which this market has been for so many months; whether or no any re- lief will be felt, however, after the Mid, Autumn festival, still remains to be seen, hut indications at the moment, pointing that way, are certainly a little more favourable. So far the only fresh movement in Piece Goods has been a few re-sales of American light weight Sheetings to New chwang, where such goods are said to be moving with a little more freedom. Contradictory reports of the quantity of goods in stock, both at New- chwang and Tientsin, are circulating here, but no one seems to know which is the most reliable; we are certainly not prepared to believe they are as low as some try to make out, or else there must be something beyond the general stagnation to account for the decadence of trade. There is un- doubtedly a great deal of political un-rest in the North especially, and some important changes in the government of this country appear to be pending. With an improvement in the weather clearances of goods became a little more brisk, but for the time of the year they are a good deal be- low the average. The season, however, is late and it will probably not be until more progress has been made with the harvesting before de- liveries show much increase. The crops have turned out exceptionally good in the Yangtsze Valley, and so trade in that direction should soon be looking up. Hankow is doing better than for last two or three years, especially in white Shir- tings. The Manchester market is quiet but firm, with an improved enquiry from India. Prices are too high to permit of much being done for this, even in Fancy Goods, while staples are quite out of it. The publication of the Government's re- port on the Amercian Cotton Crop, showing a inuch more favourable outlook for Texas, caused a slump in in prices in Liverpool, where 7.58d. was recorded at the end of last week. To-day the quotation for Mid-American comes 7.26d. being a drop of ten points from yesterday, when "futures" were quoted 6.89d. For Egyptian 101d. is now quoted. New York telegram quote Cotton 11,91

December option. cents,

Condition 72.7 and quantity ginned up to date 191.000 bales. Fur ther reshipments to New York are declared of 1,280 pieces Sheetings, and also to Aden of 10,360 pieces American Sheetings. According to late mail papers many of these re-shipments have lost heavily. Quite a brisk business has been done in Indian yarns, chiefly No. 108., during the interval and at prices that show an advance of a half to fully one tael per bale. Of that count New- chwang and Tsingtau are said to have taken fully 1,500 bales each and Tientsin upwards of a 1,000 bales. Japanese and Local Spinnings are quiet but fairly steady. There is an increased home demand for the former. New Cotton is coming to market with some freedom, it is of good colour and quality, and prices are, on the average, about half a tael under Old Cotton, The bulk of the first hand business continues to be at the Auc-

THE HONGKONG WEEKLY PRESS AND

Camlets especially being higher all round. Every chop of Long Ella advanced, and the same was almost noticeable in both Lastings and Spanish

Stripes. Cotton Yarn-Indian.-There is a dis- tinctly better tone to the market, which has apparently recovered at last from the lethargic state it has been in for the past few weeks. The improvement appears to have emanated in the Northern Ports, buyers for both Newchwang and Tientsin being more in evidence and to them must be attributed the increased sales of No. 10s. as well as the recovery in prices. Tsingtau has also participated in the demand for that count to fair extent, but the 123 and 20s, the latter showing very weak prices, have been taken entirely for the River and Szechuen.

From Messrs. Ilbert & Co.'s Report dated Shang- hai September 12th-The feeling of our market continues quiet but not without encouragement, and although it is perhaps a little early as yet to look for the usual autumnal demand, there is a firm tone in values for nearly all goods which are taken for the River, while during the past few days Szechuan and Northern buyers of Indian yarn have been in evidence, this commodity usually being the precursor of a more general demand. As regards forward purchases, buyers still are maintaining a very cautious policy, but in view of the statistical position of coften it would appear unlikely that Manchester values are likely to give way to anything like the extent that is commen- surate with the present sale here, and although a lack of orders in general is beginning to be felt by some inanufactures, it seems probable that the Chinese will have to pay present importers' prices if they wish to all their spring requirements. Reports from Tientsin continue to show a most apathetic state of trade there, while Newchwang appears to be equally stagnant. Shantung buy- ers are carrying on a fairly active trade of a hand- to-mouth character in spot purchasea of American Sheetings and a few lines of Fancies, but the market for the former goods requires 3 more general support than is at present forthcoming to reflect itself in improved values, which continue upon the same low basis of the last couple of

{

tions, in fact so far as we can find pretty well the whole of the transactions in staple makes were 80 disposed of, Grey Shirtings.-For 7bs. and 8.4 lbs. a firmer demand was noticeable through- out, the sale this morning showing considerable improvement. Heavy Weights:-Fairly steady to firm prevailed at both Auctions and for all weights, including the 13 tbs. 36-inch makes. White Shirtings. While the 64 reed were barely steady, the better goods, as well as the White Irishes show a firmer tendency. T-Cloths and Jeans. These both improved slightly at the sale this morning. Drills and Sheetings.-While not hearing of any movement from first hands we understand small re-sales of Pepperell Drills have been made at Tis. 440, while in Sheetings some 6 i to 700 bales 4, 3.50 and 3,25-yard makes have been bought for Newchwang. We also hear small! purchases of Drill have been made in New York for direct shipment to Tientsin under the usual Bank credit system. Turkey Reds.-Considering over 5,000 pieces of these goods are now sold weekly without reserve it is scarcely surprising | there is some irrgularity about prices, but at the Yuen Fong sale this morning they were certainly firmer. Fancy Goods.-A small business from

first hands has been done in special designs of Prints, as well as odds and ends in Dyed goods. We have also heard of small indents for Figured Italiana at about the prices current last April. For the Fast Black Cotton Italians at the Auction this morning prices were a good deal in and out, but on the average must have shown some im- provement. Woollens.-The Auctions.show quite a strong market for all descriptions of goods,

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months. The American Bureau publishes the crop condition for the end of August as 72.7, the New York price declining 20 points upon its announcement, which brings the price down to almost exactly the same as that established upon the July report announcement, Last year's con- dition was 77.3, for August, and upon the basis of acreages for the two seasons, this year's should give a yield of about 12,400,000 bales, but last year had a very exceptionally long and favour- able picking season.

MISCELLANEOUS IMPORTS.

HONGKONG, 20th Sept.

A fairly large business has been done at a slight reduction in price for the higher counts

Market closes weak. Quotations are:-No, 108. at $70 to $92; No. 168, at $92 to $129; and No. 208. at $94 to $130. Arrivals 8,500 bales; Sales 10,000 bales; Shipments 1,500 bales; Bargains 35,000 bales. Unsold stock 40,000 bales.

Bombay-Nos. 10 to 20s English-Nos. 18 to 24,

**

22 to 24,

-

28 to 32, 38 to 42,

...

to

to

to

to

to

COTTON PIECE GOODS-No change; Market

quiet.

per piece Grey Shirtings—7 lbs. $2.35 to $2.55

8.4 lbs.

4.05

9 to 10 lbs.

White Shirtings-54 to 56 rd. 2.70 to

58 to 60 64 to 66

2.95 to

3.90 to

5.05

3.25 to 4.00 to Fine.

4.50 to Book-folds 3.50 to

19

2.30 to

3.25 4.00 5.50 9.00 5.75 1.25 2.20 3.25

3.85 4.00

5.00

Victoria Lawns-12 yarda ... 0.85 to T-Cloths—6 lbs. 82 in. (Ord's ) 2.00 to

7 lbs. 32,, 6 lbs. 32, (Mexs). 7 lbs. 32,.

2.40 to 8 to 8.4 oz., 36 in. 3.10 to Drilla, English-40 yds., ?

4.40 Lo 13 to 14 FANCY COTTON-No change; Market quiet.

per piece Turkey Red Shirtings-14 to

$1.75 to $3.90 8 lbs.

per yard .80.11 to $0.19 0.08 to 0.13 0.21 to 0.43 0.20 to

0.24 per doz.

Brocades-Dyed

Chintzes-Assorted Velvets-Black, 22 in., Velveteens-18 in........

Handkerchiefs-Imitation Silk $0.50 to $1.10

[September 21, 1907.

WOOLLENS-No change; Market quiet.

per yard Spanish Stripes-Sundry chops $0.70 to $2.00

German,

Habit, Medium & Broad Cloths,

Long Ells-Scarlet, 7-10lbs...

Assorted..

Camlets-Assorted... Lastings-30 yds. 31 inches

Assorted

0.55 to 0.75 1,25 to 8,00

per piece. $6.85 to $9.00 6.50 to 9.15 9.00 to 80,00

12.50 to 19.00

Orleans--Plain...................

11.00

Blankets-8 to 12 lbs. METALS-

per lb.

$0.65 to $1.50

por pical

.$3.90

Iron-Nail Rod

Square, Flat, Round Bar (Eng.)... 3.85

Swedish Bar

Small Round Rod

Hoop to 1 in.

Wire, 18/25 oz.

Wire Rope, Old....

Australian

4.00

4.30

***** 5.60

9.50

8.00

Lead, L.B. & Co. and Hole Chop 11.30

...11.80 Yellow Metal-Muntz 14:28 oz. ......40.00 Vivian's, 16/32 oz., Elliots, 16/28 oz.

Composition Nails,.. Tin,

Tin-Plates,

Quicksilver,..

Window Glass,

40.00

40.00

98.00

per box $7.20 per picul :

$115.00 per box, 4.00

MISCELLANEOUS EXPORTS.

!

HANKOW, 13th September, 1907.-The prices quoted are for the net shipping weight excluding cost of packing for export:- 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.

WhiteChina Grass, Sinshan and/orChayu Green China Grass, Szechuan Jute...

White Vegetable Tallow, Kinchow White Vegetable Tallow, Piagchew

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....

Per picul. TIs. 34.50

23

31.00 22.75

T

9.70

7.80

11.30

11,60

11.00

14.80

"

18.00

**

"

5.25

"

-

"

9.20

Cases

Per I, G. M. steamer Prins Eitel Friedrich, sailed on 11th September, 1907. For Genoa:-400 cases cassia, 391 bales raw silk, 25 bales waste silk, 10 cases essential oil, 7 bales hemp, 4 cases china- For ware. For Naples: 75 half-chests tes. Antwerp:-100 hales hemp, 90 half-chesta tea,, For Antwerp. Ham- 10 cases human hair,

London: burg or

~ 5

cases bristles. For Antwerp, Hamburg or Copenhagen :-4 feathers, For Ainsterdam: 250 cases - pre-

cases cigars. serves, 3

For Rotterdam :—10 cases tea, 9 rolls matting, 2 cases chinaware. For Antwerp Opt.:-200 bales hemp. For Bremen:-- 180 rolls matting, 150 bales feathers, 102 half- chests tea, 8 cases palmleaf fans, 6 cases tea, 4 cases chinaware, 3 cases gongs. For Hamburg :-724 half-chests tea, 109 bales feathers, 83 bales canes, 74 cases bristles, 40 cases human hair, 29 casea chinaware, 25 casks ginger, 10 cases essential oil, 9 cases palm leaf fans, 1 case silk. For London :-- 2 cases cigars.

Per M. M. steamer Tourane, sailed on 17th

For September. 1907.

Marseilles:-285 bales raw silk, 150 bales waste silk, 2 cases silk pieca goods, 35 packages human hair, 6 cases feathers, 14 cases chinaware, 41 cases ylang ylang oil, 85 cases hats, 5 packages sundries. For Lyons:-444 bales raw silk, I case silk piece goods. For St. Chamond:-20 bales raw silk. For Milan :-30 bales raw silk. For Barcelona:-10 bales raw silk. For London :--60 bales waste silk.

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