1
216
COMMERCIAL.
SILK.
From Mr. F. C. Hoffer's report, dated Shanghai | 18th March, 1908:-Telegrams report no change in prices in London and Lyons, Raw Silk.-The Market Book is again a blank as far as White Silk is concerned. Yellow Silks. A small business has been done at undermentioned rates, Stocks of Yellow silks, especially Mionyangs, are very light, and further arrivals are expected to be-small.
OPIUM.
HONGKONO, March 27th
Quotations are:-Allowance not to 1 catty.
per picul.
Malwa New
$960 to
Malwa Old
$980 to
Malwa Older
$1020 to
Malwa Vory Old $1000
to ta
de
Persian Fine Quality ..$800 Parsian Extra Fine $880 to
Patna New
Patna Old
Benares Now Benares OH
du. da.
per chest.
$1047) to
$1047) tu
$1047) to .8-
des. do
to
PIECE GOODS.
Mossrs. Noel Murray & Co.'s Picce Goods Report, dated Shanghai, March 19th, 1908, states: To most importers the past week has been an appreciably quieter one, and while clearances may be consider fair they are considerably bolow the average, at this season, in former years. What business has been done, and only in one or two quarters can it have amounted to any large extent owing to the paucity of available stocks in first hands, shows little or no change from last week, holders realising quietly what goods they have can he replaced on more advantageous terms. The opening of the Tientsin market hes after all made no appreciable increase in the demand here, some further resalos if inedin weight American foods and low count cottoni Yarn's being the only evidence of an enquiry. The first direct steamers of the season for Newchwang are expected to leave early next wook, the quanti ty of cargo they are likely to take being at present problematical. Recent private advices from Manchuria declare that the prospects for American and Manchester goods were distinctly more favourable, and that Japanese goods had only been taken in the absence of the former This may very well be, and if so will soon bei proved when the opening of the river permits the resumption of direct trade. It is reported that a considerable sum of money has come in from Szechuen for the purchase of piece gods and yarn and which may be expected to be invested shortly. Clearances so far are chiefly for the river ports and Chefoo. Ningpo seems to have had a set back and is very dull, many of the specialities in grey goods for that market hanging fire bul Holders of the erstwhile favorite grey cloths fo. Cores are not very well pleased with the outl -ok, which, however, is not so bad for White Shirtings, The Manchester market is sagging all the time and importers here continu to find when they make counter offers that better terms can suli sequently be obtained, which is making them act very cautionsly. It appears thany manufacturers have been running into stock, in the absence of demand from Indix, and are willing to sell at cheap prices for prompt shipment, for which rea- son the export figures for this month are expesettin{ to show some increase. Goston is steadily declin- ing in Liverpool ; yesterday's elsing quotation was 5,941, for „Mid-American, being two points down fr. m the day before, when “futures 5.51d. A decline was taken place in Egyptian to 8d. There is not much news of the Now York market, which in the absumer of enquiry. the still uncertain state of the financial situation. and the baneful influence of the presidential obses tion, requires to be carefully watched In th lighter weight goods business is still going through on a small scale for this. A great slump has taken place in cott n. 990 cents coming to day as the quotation for July option. The yarn market is quiet, with a disposition on the part f Further holders to sell imported spinnings. business in local yarna at slightly better prices 1 reported. Native cotton is steady.
སྐ"་
THE HONGKONG WEEKLY PRESS AND
|
|
From Mevars. [lbert & Co.'s weekly Report, dated Shanghai, 19th March, 1908 :---- Business is quieter this wook; the weakness in Manchester has induced Chinese to lay down supplies of certain goods of which stocks are running short, | but there is no disposition to operate on a large scale. Prices here are on so low a basis that the decline on the other side does not leave any very tempting margins, even in cases where stocks am reduced to almost vanishing point, whilst for many important classes our level of values is a long way below replacing cost. As manufacturers. are said to be working at a loss there does not
|
|
grow to be much rooi for further important roductions, unless there should be a further fall in cotton. Apparently, with the great increase in spindles and looms all over the world, the supply of cotton this season is likely to prove inadequate; under these circumstances it is not improbable that curtailment of production will be extended, until Eastern markets have had time to absorb the accumulations of stock which still hang over them. Chinese reports from the North are not very satisfactory as regards liquidation of old outstandings, but deliveries of goods are said to be going on fairly well at Tintain on a cash basis; hugers are endeavouring to lower prices, but so far without much success, deliverios from here to date are considerably short of the normal quantity in several important staples like American goods, and as there are practically no supplies of standard goods coming forward either. for this market or Tientsin direct, it is probable | that stocks will ha materially reduced as spring advances. Local cotton is steady, but notwith- standing absence of demand from Japan, there is no weakness apparent; a large proportion of the crop has already been sold: local yarns gre stoly Indian and Japanese spinnings are not in active demand. Grey Shirtings 8j-lb. — TI » market has quietoned down a good deal since our last report. and prices are not quite so frn. Auctions were fairly steady. 9-lb. to 11-14 — Not very much life in the market and sellers have found it difficult in a few instances to maintain their last prices At the auctions the lighter weights were steady, but heavy cloths wore rather weaker. 12-1h, 36 in. The feeling in the market is if anything slightly easter. with only a
moderate demand from the consuming districts Auction chops word steady T-Cloth and Jeans.
Are still
-No business reported in the former, but wo hear of some transactions in Jeans A fairly steady tone ruled at auction. Whate Shirting & —Dealers from the Northern and Korean market- are still taking but little interest in those KROMĒR, though a fair demand from the Yangtze is still making itself felt. The general tendency at auction was towards lower prices Drills and Sheetings.-The market continues quiet, and sellers are rather more inclined to mak» small eoncessions here and there to tempt business Dyed and Fancy Cottons.-Holders selling out old stocks freely, there being a general tendency towards better prices all round. Na private salos have come to our notice. At auctions prices ductusted considerably, some chops advane ing over two mace, and some declining to the same extent Worsteds and Woollens - We have a quiet market to report, the only business duties being in the auction goe«l« Spanish Strips and Long Ells were a shade onzior and Lastings and Cambel « «teady to firm Cotton The meet for the bead sta; le remains fairly steady, qua ctione all round ng pa tially the cone as thorn potel last with American Laverpood market has doc hued slowly throughout the work, poder lay's quotation according t I uter ng 3.94 Egyptian Fire Flow Dat a further and is new quoted at Fue Bengals still remin at H Japanese spanning, are still e simparatively quiet with values rather easier. Indian and D-al Yarns are practically unchanged.
น.
T - whil
Yurt
MISCELLANEOUS EXPORTS
March 3, 1908]
Haskow, 18th Mar., 1908.-The prices quoted are for the net shipping weight oxcluding cost of packing for export :
Per picul
Cowhides, Best selected
Do. Seconds
Buffalo hides, Best selected (batskins, untanned, chiefly white
colour,
Buffalo Horns, average 3 His, each White China Grass, Wucháng and/or
Poochi...
Tla, 31.25
WhiteChinatirass,Sinshan and or Chayn Green China Grass, Szechuon Jute
White Vegetablo Tallow, Kinchow White Vegetable Tallow, Pingehew
and or Macheng
White Vegetable Tallow, Mongyu Green Vegetable Tallow, Kiya.. Animal Tallow Gallnuts, usual shape Gallnuts, plum do. Tobacco, Tingchow Tobacco, Wongkong Turmeric
Sesamum Sand Sogamum Seed Oil Watchl
Tea Oil
##
27.25
11
23.00
40.00
9,30
*
8.80
·
+1
10.80
12.00 10.30
I
++
15.50
.. 17.50
505
8.40
Per P &0. steamer Marmora, sailed 21st March, 1908. For Liverpool-19 casusugars, For Manchester :----475 bales waste silk For Gibraltar:-1 case silk, I package lacquer, ware, 1 case porcelain. Valencia:-5 halos raw silk, For Milan:-50 bales raw silk. For Lyons:-140 hala raw silk. For Havre :-5 bales tea mats and paper For Marseilles 14 hales raw silk, 100 halo waste silk, 3 hales tea mata, 2 cases paper, 3 cases feathers, 7 cases feathers. For London :-2 eues cigars, 35 bales maguey, 2,050 hales hemp, 1 ra« obl embroideries, 200 bales waste silk, 8 casos milks, $6 bales canes, I case silk piece goods, 33 rolls matting, 20 bales raw silk, 26 cases →fficits.
crates household linen, 2 casel furniture, 1 case printed records, 100 eka preserves, Triste: –30 bales waste silk
Por P & 0, stoamar Manda, sailed on 25th
31 halea
For Manchester :-50 bales waste elk. For Loudon ·−1 cue cigarr, 1900 halese hemp, 5 cases private effects.
March, 1908, For Antwerp: 100 halos Kemp.
A prient Borax
{ "AiR Cluray Camphor
HONGKONG QUOTATIONS
Hoxoxoxo, 27th March, 1968.
Claw Bezosnu
Festel Secret ... Galangal Gimper
Kim
$
$ 16 to $ 14
15
"
$ 20
**
$ 201
$ 012
38 96
$160
8.10
2
5
to
$17
$ 18
邮兽
Filme
$ 24
ohhanum
$ 2
13
Oil Sandalwork
(230
370
140
CAMATA
3835
Riina Sonna Lea VIE Sandalw.......! Saltpetre
$ 10
$ 7
10
11
$ 31
SHARE
REPORTS.
Mesra JP I imot & Co '■ share report for the wook en ling 19th March, 1908, states: —The market on the whole has been quiet since our last, aud there is no change of any importance to record. Messrs. Arnhold, Karborg & Chola Porta glitly
The TT rate on London to-day in 2 8f. Banks.— Pretu imalar, latest Shanghai, 19th Marek, Hongkong and Shanghai Banks. The rate has 1988, has the following Fallout—st «koxer dil
been stinely all the work at $712) with Exchange Market steng
Home markets are 观赏 73, and at thin fixum a few sharon havo Sellers making eness »n«.
Feathers changest han·ls la-urance –– North-Chiam have feruande ntinuos pir
Cotton -- Pennant from; slightly improved and there are bayors at Tha #1
A mnie of old Eurqe and Jquan falling We have in con. | Vangtaze Insurance Association
Shipping to reported at Tha. 132). Until suppåtet increase në fusiness can re-u't Ind China 8 N Co Preference sharem hava Strawbrud. Very quiet Iemand van AmeriCA
Lesen dealt in at Tls. 30 and 304, and the deferred at TI entirely cost, and Eur pechuys only «m«l!, ««l«
16 and 16). Docks and Wharves ---- lots at very low prioms,
Pho W...
The Shanghai Dock and Engineering Co, Ld. t.."t little inquiry wa had frean America hit count market opened at 1, 80 for cash and Tla. 81 for Home markets bare again declined Nobuyers
Mareb, ani was followed shortly by mien at Tl. W...««d Of A four business.
1 Price noch ingil
f March, at which rate a fair number of Antra ny
Home markete expertenesis clearp
shares we+P$* handled We quote sellers at this drop Chinese wil reluctantly at present figures,
fi:uw་ at the close. Shanghai and Hongkew
sequeñor a weak marke
Tallow -No sellers.
|
all trom
No comments yet.
Private notes are available after approval.