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THE HONGKONG WEEKLY PRESS' AND
we penned our last report has eased off considerably during the interv:1. What buying there has been was on the same lines aa before, the chief attention being paid to No. 10s for the Northern markets and Szechuen, and the higher counts for the River Porta. Prices raid show little or no change, the market
From Messrs. Ilbert & Co.'s Report dated Shang-
hai, September 28th, 1907-Quite a large inter- native business has been taking place since the Mid-Autumn festival, and prices throughout are firmer, while holders are endeavouring to establish higher prices, the market already beginning to feel that several important lines of staples are in none too plentiful supply. This has led to a con- siderable amount of inquiry for fresh supplies from Manchester, but more presumably in order to keep in close touch with manufacturers' prices the level here is still, in nearly all instances, far than for the purpose of immediate business, as
too much below that of replacement for the gap to be bridged although business in a few favourite brands of 10 th. Shirtings is stated to have been concluded. The principal outlets that are at pre- sent supporting the demand are Hankow and Newchwang, Szechuen buyers having so far con- fined their interest to the purchase of Bombay Yarn. For the two first-named outlets, there has been a fair amount of activity in clearances of purchases on hand of Fancy and Dyed Goods, and English grey and white goods, while in American goods Hankow has picked up a number of lines
American Drills, and both Hankow and New-
chwang have participated in purchases of American Sheetings, all from second hands, the prices paid showing as yet no advance upon previous rates. The nervous condition of the cotton market has further contributed to the withholding of indent offers, and although the financial equipment for the supplying of the world's requirements as it is needed rather than letting the usual overweight of crop come on to the market during the latter part of the year, may be complete. present condi- tions of the Lancashire portion of the whole cot- ton trade do not point to supporting a high level for the staple. Latest telegraphic advices from an important centre of the cotton belt gives the continuance of favourable news regarding the now naturing crop, and a liklihood f not less than a twelve and a half to a thirteen million bale total
ton is quite enough to cause some hesitancy on the part of operators, and no doubt contributes to the general quietness of the market, which is a great disappointment to holders. Supplies are decreasing very slowly, and it is reported native holders are already endeavouring to arrange with importers to carry their stocks for a further period. We under-closing quiet but steady, sland a meeting has been held for that purpose within the last day or two, but no particular news of what took place has, as yet, transpired. The native money market became rather more stringent just prior to the settling day, but has since relapsed somewhat and enabled Importers to call in some funds to meet overdue contracts, and so trade drags - along, a constant worry to get old engagements ful- filled and no fresh business offering Amongst second-hand holders there has been some enquiry for Newchwang for American goods, and it is said as much as 1,200 hales had been settled when orders to stop buying came to hand yesterday. The infor mation was also received that prices for those goods had declined five candareens and Indian Yarn half a teal. Tientsin is very quiet, but is taking Indian Yarn rather more freely, and can also still afford to pay the high prices wanted in New York for direct shipments of Domestics. For the Yangtze Ports clearances are fair, but Ningpo is quiet. Kiaochow and Chefoo continue to take fair quantities. The Manchester market remains unaffected to any great extent by the fall in Cotton, as Manufacturers find good quality so scarce they have to pay considerably more than the usual points on to secure their re- quirements. However, we hear at the close that some buying for this market is going on in staple makes, though operators are very loath to talk bout it. The better class of both Grey and Bleached Shirtings appear to be the most enquired for. The movements of Cotton are being keenly watched. The Liverpool quotations received yesterday for Mid-American were 6.68d. for "spot" and 6.24d. for "fatures." This morning there was a slight recovery for the former to 8.74d. But it is said for March- April the quotation was down to 5.94d. The only advices we hear of from New York is the purchase by a Tientsin house of 800 bales Pepperell Drills at 18s. 4d, c.1.f. Cotton is quoted 10.98 cents for January and 11,08 cents for March option, The demand for Indian Yarns is quieter at the moment; it is anticpated, however, that so soon as these purchases have een shippel off the enquiry will set in again, the tone of the market being decidedly firm. Clearances of recent purchases have been particularly good, showing the buying was for immediate consumption. Japanese spinnings continue very quiet, but prices steady, con- sidering the further decline on the Osaka Exchange. Local spinners are beginning to be a little more hopeful now Cotton is obtainable on more reason- able terms. Grey Shirtings-From stock we hear of the sale of some Silver Sycee 8.4 lbs at Tla 2,62 and Woman and Frog 10 lbs. at Tls, 3.55, while for next season's arrival we understand 250 bales each of the above weights and 1,000 bales 12 lbs. 36-inch, all good qualities, have been booked by one of the leading import house, At Auction last week's prices have not been fully maintained, the 12 lbs. 36-inch showing up best, but even in these there were weak spots. White Shirtings-In makes costing over five taels we hear of two or three large lines being indented for, but no further par ticulars are given. From stock, however, there is little or nothing doing, though clearances of former purchases are fairly satisfactory. Prices for the or- dinary reed goods at Auction were nearly steady. but the heavier makes were generally firmer, and white Irishes advanced a mace and a half. Toths (Saltpetre
and Jeans-We have not heard of any private movement of the e makes, At Auction the former realised slightly easier prices for 2-inch, but firmer for 26-inch make, but the latter were much firmer for the small quantities offered. Drills and Sheet- ings-In spite. if the report that some resales, as mentioned above, have been made to Newchwang we have quite failed to glean any particulars, though .we understand some coarse count 3.50-yard Sheet ings have received attention from that quarter, and also some Piedmont 3-yard Drille at Ts. 4.024. Fancy Goods-Some indents have been booked for market Figured Cotton Italians for the Co ean
in: several. quarters at fairly reasonable prices and for early shipment, the recent failures in Egypt causing a complete stoppage in the demand for that market, As a rule very late de- livery is required, which does not suit books of buy- ers here. Turkey Reds were showing some firmness at the earlier Auctions but this morning there was a general decline. Fast Black Cotton Italians were also weaker on the average. Woollens-Prices for Camleta have kept up fairly well at the Auctions, but long. Ells were slightly weaker and Lastings and Spanish Stripes irregular, With the moderate- stocks of these makes a general improvement might be expected........ Cotton Yarn,Indian-The higa, pressure of demand at which'our market stood when
HONGKONG QUOTATIONS.
HONGKONG, 4th October, 1907. Apricot Borax
Cassia
Cloves Camphor Cow Bezoar
Fennel Seed
Galangal Grapes Kismis Glue
$110
$120
$ 7
$
2
$ 4
༢:: ྣ;
22
[October: 57-1907 :
T-Cloths-6 lbs. 32 in. (Ord’y) 1.80 to 2:00
7 lbs. 82
1.90 to 8:15
27
6 lbs. 32,, (Mexs).. 7 lbs. 32
**
8 to 8.4 oz., 36-in.
***
2.40 to 8.15
8.00 to 8.85 Drills, English-40 yds.,
4.25 to 4.00 134 to 14 FANCY COTTON-No change; Market quiet. -; per piece Turkey Red Shirtings-1} to
$1.75 to $4.25
Brocades-Dyed
Chintzes-Assorted
8 lbs.
per yard... ..$0.10 to $0.18 0.07 to 0.80
Velvets-Black, 22 in., ......................... 0.23 to 0.48 Velveteens-18 in....................................... 0.22
to 0.25 per doz Handkerchiefs-Imitation Silk $0.50 to $1.10 WOOLLENS-No change; Market quiet.
Spanish Stripes-Sundry chops German, ..... Habit, Medium & Broad Cloths,
Long Ells-Scarlet, 7-10 lbs...
Assorted.
Camlets-Assorted...
per yard $0.70 to $2.00 0.55 to 0.75 1.25 to 3.00 per piece $6.85 to $9.00 6.50 to 9.15
9.00 to 30.00
Lastings-30 yds. 31 inches? 12.50 to 19.00
Assorted
11.00
per lb..
Orleans-Flain....
Blankots-8 to 12 lbs.
METALS--
$0.65 to $1.50
por picni
$3.80.
Iron-Nail Rod
Square, Flat, Bound Bar (Eng.)... 3.70
Swedish Bar
Small Round Rod
Hoop to 14 in.
Wire, 16/25 oz.
Wire Rope, Old...
3.80.
4.20
5.60
...10.00
8.00
Lead, L.B. & Co. and Hole Chop ...11.80
Australian
.11.80
Yellow Metal-Muntz 14/28 oz.
Vivian's, 16/32 oz., Elliots, 16/28 oz..
.38.50
.38.50
.38.50
Composition Nails... Tin,
90.00
Tin-Plates,
Quicksilver,...
Window Glass,
per box
$7.15 per picul $118.00 per box, 4.00
MISCELLANEOUS EXPORTS.
HANKOW, 26th September, 1907-' -The prices quoted are for the net shipping weight excluding cost of packing for export:-
$ 6 to 11
$15
16)
$ 19
191
$ 18
32
130
8
Per pioul.
4
Cowhides, Best Selected.
Tis. 84.50
77
Do. Seconds
81.00
$ 5
8
$ 28
Buffalo Hides, Best Selected..
22.50
1
Olibanum
$ 2 13
Goatskins, untanned, chiefly white
71
Oil Sandalwood
$ 245
350
$ 50
150
$ 242
Buffalo Horns, average 3 lbs. each White China Grass, Wuchang and/or
Poochi..
8.80 10.50
8.50
19
$ 5
6
"
#
* 6
8!
"
$ 28 $ 20
29
"2
"
Rosa Cassia.
Raisins Senua Leaves Sandalwood
MISCELLANEOUS IMPORTS.
༅།
HONGKONG, 4th Oct.
A small business has been done and prices are easier by about $1 to $1 all round. Market closes quiet. Qnotations are:-No. 108. at $69 to $91; No. 168. at $91 to $128; and No 20%, at $93 to $135.
Arrivals 5,000 bales; Sales 5,000 bales; Shipments 2,000 bales; Bargains 33,000 bales. Unsold stock 37,000 bales.
Bombay-Nos. 10 to 20s English-Nos. 16 to 24,
colour
WhiteChinaGrass,Sinshan and/orChayu Green China Grass, Szechuen
Jute...
White Vegetable Tallow, Kinchow
White Vegetable Tallow, Pingchew
and/or Macheng
White Vegetable Tallow, Mongyu Green Vegetable Tallow, Kiya.... Animal Tallow Gallnuts, usual shape
do. Gallants, plum Tobacco, Tingchow Tobacco, Wongkong Turmeric Sesamum Seed Sesamum Seed Oil Wood Oil
to
to
22 to 24,
to
Tea Oil
17
to
to
If
28 to 32, 38 to 42, COTTON PIECE GOODS--No
quiet.
Grey Shirtings—7 lbs..
change; Market
per piece .$2.35 to $2.40 8.4 lbs. ......
8.00 to 3.90 9 to 10 lbs.
3.80 to 5.05 White Shirtings-54 to 56 rd. 2.70 to 3.25 58 to 60 3.25 to 4.00 64 to 66 4.00 to 5.50 Fine
4.50 to 9.00 Book-folds 8.20 to 5.70 Victoria Lawns-12 yards 0.80 to 1.80
"
"3
A
4.50
22
11.00
1:
32
"
11.20
10.60
"
22
14.70
18.40
M
"
5:40
J+
8,80
Per M. M. steamer Australien, sailed on 1st October, 1907. For Marseilleg:-379 balog raw silk, 100 bales waste silk, 134 bales pierced docoons, 2 cases silk piece goods, 149 packages human hair, 1 case feathers, 4 uses tea, 10 cases paper, '1 case watches, 8 cases ylang ylang oil, 1 päckage jewelery. For Lyons:-409 bales raw silk #2 cases silk piece gooda. For St. Chamond:10 bales raw silk. For Milan:-60 bales, raw, alik, For London-1 case hardware, 1 cise, woollens: For Constantinople: -27 cases ten.
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