168
COMMERCIAL.
COAL.
From Messrs. Wheelock & Co.'s Report, dated Shanghai, 27th February, 199. Japan:-There has been some slight demand in this market during the past fortnight, but buyers ideas of prices have declined somewhat and not much business has resultel. Stocks of the commoner kinds have increased in Shanghai recently but stocks of all kinds in Japan are short as ever and prices just as firm. Cardiff:-Sowo slight inquiry, but prices asked seem to be too high.
RAW COTTON
HONGKONG, 6th March.-Small sales at a slight
$20.00 to $21.00 per pel
doline. Stock about 3,500 bales.
Bombay.. Bengal (New), Rangoon
aud Dacea
21.00 to 25.13 Shanghai and Japaurse 27.00 to 27.15 Tungehow and Ningpo 27.00 to 27.15 Reported sales, 100 halos,
YARN.
Mr. P. Eduljev, in his Roqurt datel long- kong 6th Marchi, 1908, states: -A moderate enquiry has continued throughout the past fort- night, and a fairly large quantity of goods has gone into consumption Prices, however, show little or no change, but there is a hardening tendency for best qualities while common kinds are steady. Low counts are in better request and after a long interval No. 5s have found purchasers, At the close layers are holding off and there is very little doing at the moment, but considering the condition of the Shanghai market as well as Bombay, the gradual and steady deernse of stocks here, and restricted supplies, the outlook appears to far from discouraging. We cloc› quiet but firm. Sales of the fortnight aggregate 5,0il ales, arrivals amount to 9,525, unsold stock estimatel at 27,000 and sold but uncleared stuck in second hands at 20,000 bales. Lowal Manu; facture:-There is no change to not in our local mill quotations which are stealy at $91 for Na, 10s, at which about 200 bales are reported sold, as well as 5) hales No, Ss at $40, Japanese Yarn:-Continues to move slowly; the business of the interval inclu-les the sale of 541 hiles Na. 16s at $118, and of 310 bales No. 205 at from $135. Raw Cotton:-Demand has considerably subsided, and with the exception of sales of 65 bales superfine New Pengals at $21 and 88 balos old Bengals at $19, and of 50 bales Thonge'ow at 1214. no further business can be induced. Estimated un- Fold stock 3,155 bales Indian, and 470 bales (small) China. Quotatious are $22 to 821 Indian and $22 to $24 Chiuese. Exchange on India. after considerable fluctuations, closes unsteady to-day at Rs. 141) for TT and Rs. 142 for Post. Ou Shanghai 74% and on Japan 921. The under- noted business in imported and local spinnings is reported from Shanghai during the three works ended the 29th ultimo, viz:--India :-Market active, sales about 10,500 bales at unaltered prices, closing firm. Estimated unsold stock 63,000 bales. Japanese:-There has been more doing in these threads and sales of about 2,000 bile lave been made at somewhat easier rates, say Tls, 56 to 934 for No, 16s and Tls, 957 to 101 for No, 245, Local:-Are in more enquiry, but no basiness from first hands has been reported.
PIECE GOODS.
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regular trading steamer; to Tientsin for a few days, but it is expected one will leave here on the 1st prox. According to information we gather from the dealers that shipments of Pieco Goods are likely to be smaller than ever this season, but so far we can glean no particulars. It is said a little more has been doing for Nowchwang in American Sheetings. It is not very encouraging to read that the progressive views of the recently of Moakden are being appointed Governor discouraged, and that he is bing superseded already." Szechuen is the most promising market so far, but the River markets are not doing at all bally. Chefoo and Kiaochow are both doing a Corea is very quiet, steady but quiet business. ths course of oxchange not se ming to suit that market. Manchester is quietly sagging, the
amount of business bike Laheal for this market page in the demand for India and the small making manufacturers anxious to obtain orders, } and counter offers from this side, even at very considerable reductions, have Teen accepted. [ The Spinners have apparently been obliged to turn once more to their old supporters; the home weavers, by reducing the large margin of profits they were making, though wearers who đà their sition P own spinning seem to be still in the best
execute ordors, thus giving an irregular In spite of the appearance to the cloth market. recrudescence of the Sully seare, which threatened to put American Cotton up to 91., the market in Liverpool is ging lower and lower, until this morning's quotation was inside öd., namely 5,0id Futures' yesterday were 500l. when 'spot ' was 6.011. Egyptian is also steady declining 84d being the price received to-day. already in ule a gre it difference in the quotations received for Venêtians and other goods made from that cotton. The New York market continues hear of any n.t we da pretty stiff
for this.
latest 'The 10.41 ents ant are for
and May March
option respectively. The orders bukod sa fir this season for" this market are said to be 10,00 lales. The yarn market in in wo active, the steading appear- auce of exchange during the interval giving Both Indian and operators more confidence. Japanese spinnings show more demand at firtuor prices. Native Citou keeps very stealy, A fairly good enquiry is being met with for Man- che tor goods in stock, and in view of the easier enditions prevailing in that market importers who hold supplies are taking every benefit of it, and in one cases replacing their sales on more advantagerus terms. As we have often remarked ifore it is dificult t› glean particulars of thes transactions, but we un lørstand they are chiefly in heavy grey and bleached goods. At the Anctions the market on the whole has brill towards firmor prices.
4
and further tansactions cotton
quotations 1966
e-nts
This has
From Messrs. Ibert & Co's weekly Report. 19.8: A datel Shanghai, February 27th. moderate amount of business lets been done during the work principally in grey and white shirtings, and also in vari us kinds of dyed goods; sollers are ralizing the litter as opportunity offers, apparently having come to the conclusion that material advances are not likely to be forth- coming in the near future. The most satisfactory markets have been the River Forts aul Ningp; trade with Chefoo and Tsingtao las been quieter after the greater activity of last week; Korea is also waiting for reports on regent shipments, but the disappointing features as the absence of class mand from Ticutsin, Newchwang and Manchuria generally. The harvest last your in the List- named provinces was excellent, railway develope- ment has bon vigorously prosecuted in the region Messrs. Nel, Murray & Col's. Piem Gaus
for which Dalny, or Dairen as it as now called, is Report, dated Shanghai, February 27th, 198, states:-The inst predominant feature of the the port of cutry; it is estimated that plant to the value of over £3,000,000 was landed there in the week is the continued slackness in the demand for the heavier makes of American goods, True latter half of last year, but the trade both in there are still a good many in the hands of the foreign imports and native manufactures is dull
and dragging. Under present conditi ns dealers here that have already been paid for, but with the departure of the Northern steamers 20 permanent impr wement can be looked for, and when this is realized in the producing centres near, in the ordinary course more enquiry would
been felt. The American which have been relying for expansion of trade undoubtedly have trade has unquestionably received a blow it will upon fair competition in this important market take long to recover from, and if the latest there will be keen disapp dutunt. development which is reported to be now on foot cotton his bou weak latterly alth ugh anything for the furtherance of the Japanese tra-le. over (d, per lb must be booked upon as a higu namely the formation ..f lottery, by standard: Egyptian is also declining, but event w which we presume the lucky layers of certain is relatively dear in e imparison with American, lexil market bundles of yarn, or pisces of cl-th, will be judged by the standard of former years, entitled to a prize is allowed to go the gambling i cotton remains stealy; shipments to Japan sine. spirit of the natives will be very strongly appeal. ¦ September already exceed the total export of last Grey Shirtings --The market has ed to. The high prices of Aworican un! British season. goods that have prevailed for so long have Leontinue I fairly active during the interval and a fostered competition by manufacturers in the Far (good deal of cargo has changed hands, prices Auction prices East, which can only be successfully met by a being steady to firm all round. recurrence of the 3 to 41. Adverse advices
were practically the same as last week. from the north have delayed the despatch of the 11-lb.-There has been a steady demand, pria-
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March 7, 1908]
cipally for 10-lb. cloths during the week and holders have been ablo to establish an advance Prices at auction were in prices in several cases. firm though one or two chops went for slightly lower figures. 12-lb. 36-in.-Demand from the Yangtzo markets continues brisk and about 27.000 pieces are reported to have been sold:- T-Cloths.-Dealers are still showing but little Prices improved slightly at interest in these. auction. Jeans.-These seem to havo slackened off for the time being; our market, however, ia Auction chops advanced nevertheless steady.
White Shirtings.-There about 21 candareous. has been a fair amount of business done for the Hankow market, while inquiry for Korea has At auction the lower somewhat fallen away. qualities were rather easier, but a short advance took place in the case of the bettor qualitios, Drills and Sheetings, --Wo have to report a vory quiet market with little inquiry to spoak of, prices all round being nominally unchanged. Dyed and Fancy Cottons,-Both Figured and Plain Fast Black Cotton Lastings are reported to have been sold from first hands in fair quantity, the busines‹ being continel to the lower qualities. Fast Black Cotton Lastings were easier at the auctions. Worstods and Woullens. Market firm all round, but no private sales affected. Lastings and Cam- lets were firmu at the auctions, and Spanish Stripes and Long Ella storly. Cotton. -Quotations for the local staple have underg me but little change, and the market continues quiet. Yarn.-ludian and Japanes - Spinnings have recovered some of their lost ground during the work and the market Local Yarn is is firmerat the el se for all counts. also steadier and clearances have been very fair
MISCELLANEOUS IMPORTS.
Hosokoso, March, 1908,
Business There is no material change to report. is being done on a moderate scale with a slight variation in prices in favour of the buyers. Quotations are :-No. 108. at $87 to $101, No. 16s. at $3 to $131, and No. 208. at $103 to $135. Arrivals 9,500 balos; sales 6,000 bales; Shipments Unsold stock 1,500 bales; Bargains 24,000 bales. 24,000 sales.
Bombay - Nos. 10 ta 20s English-Nos. 18 to 24,
38 to 12. PIECE Goops-Small
L" rN quiet and weak,
Grey Shirtings -7 Tha..
* 1 lbs.
9t In The
Market
tu
to
22 ta 24,
to
Ja
28 to 32,
to
to
sales;
per pieco
$2.10 to $2.60 3.35 to 4.25 4.10 to
5.35
#
64 to 66
3.80 6.50 8.50 to 9.60
Fine
7.35 to Book-folds 3.50 to Victoria Lawns – 12 yards T-Clotha- 6 lbs. 32 in. (Ordˇy) 2014 to
9.60
6.0
8.51 to
1.30
*.20
7 llis. 32..
2.35 to
3.35
6 lbs. 32..
(M«x«).
2.70 to
White Shirtings-5ktu 58 nl. 2.49 t› 54 to 60 4.00 to
7 lbs. 32..
81-8. Foz., (6 in ) 2.90 to 4.20
Brill-, English – 10 yds.. } 4.50 to 5.35
13} to 14 Fyser Carrox –Fair sales; Market strong
Turkey Red Shirtings −1} to 6 lbs.
Broc oles-Dyed
Chintzes
Assorted Velvets-Black, 22 in Velveteens - 18 in.,
per piece.
$1.85 to $4.15 per yard $0.23 to $0.37 to 0.30 (671
#30 to 0.35 01.23 to 0.3)
per doz. Handkerchiefs-Imitation Silk $1,15 to $1.20 WOOLLENS-No sales; Market quiet.
por yard Spanish Stripes --Sundry chops$0.724 to $0.97}
German, Habit, Melium & Broad Cloths, 1.90 to 3.00
per piece. leng Ell, -Scarlet, 7-10lbs... $7.35 to $9.00
Assorted.
7.30 to 9.13 9.00 to 31.00 Camlets —Assorted.. Listings—30 yds. 31 inches) 14.00 to 21.00
Assorted
Orleans - Plain.
Blankets-4 to 12:bs., METALS-
Iron Sail Rod
per lb.
$0.85 to $0.83
por picul.
.$1.15
Square, Flat, Round Bar (Eng.)..... 4.10 Swedish Bar
Small Round Rod
Houp, 51 to 11;2 in.,
9-lb. to
Wiro, 16/25 04,
Old Wire Rope.......................
4.20
4.15
5.80
9.20
8.00
1
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