PIECE GOODS.
THE HONGKONG WEEKLY PRESS AND
TEA
HANKOW, 20th May, 1908.-Business reported since the 18th inst., is as under:—
Settlements
1908. -Cheats.
1907.
-Chests
57,166
nil
1,410
3,896 ****** 2,854
-Chesta.
per picul Ningohows......... 2,044 at Tls. 21.00 at 87.00 Khemuns .42,703
82.00 67.00 Oopacks........... 4,262
21.50 23.73 Oonams
20.50 28.00 Oofaas
80.00 86.00 Seang-tama
17.00 18.50
>>
79
}}
*
01
29
The following are Statistics at date compared with the corresponding circular of last season, viz, 22nd May, 1906: -
HANKOW TEA
Settlements Stock ...
Arrivals
(June 8, 1908
HANKOW, 20th May, 1908.-The prices quoted are for the net shipping weight excluding cost of packing for export 1.--.
Cowhides, Best selected ........................................
Seconds
Do. Buffalo hides, Best selected
Goatskins, untanned, chiefly white
colour,.
Per picul
Tis. 80.00
26.00
23,00
Buffalo Horns, average 8 lbs, each White China Grass, Wachang and/or
Poochi...
#
4469 20
8.70
20
8.00
11
7.70
要
10.80
WhiteChina Grass, Sinshan and/or Chayu Green China Grass, Szechuen Jute...
White Vegetable Tallow, Kinchow
White Vegetable Tallow, Pingchew
and/or Macheng
10.10
100.00
10.00
White Vegetable Tallow, Mongyu Green Vegetable Tallow, Kiyu.............................. Animal Tallow ....... Gallnuts, usual shape Gallnuts, plum do. Tobacco, Tingchow
Tobacco, Wongkong...
Sesamum Seed
Sesamum Seed Oil
12
13
10.30
15.20
17.50
#
19
1908.
-Cheste.
1907.
-Chests,
"
12,422 ...113,720
184,971
Feathers, grey and/or white Wild Duck Turmeric
39
12
5.85
29
65,233
12
Wood Oil.......
8.70
J
...126,148
250,204
Tea Oil
JJ
1908.
1907.
-Chests. -Chests.
SHANGHAI.—From Messrs Ilbert & Co.'s weekly Report, dated May 28th-Another quiet week has to be recorded in which comparatively little has been done, but when business has been put in the book the tendency has been towards firmer prices. Chinese are doubtful whether the great advance in ctton will be maintained throughot the summer, in this connexion it may be re- membered that good authorities predicted several Consisting of the following Teas :- months ago that there would be keen competition for cotton in May, and that good qualities would be scarce throughout the summer, The first half of the prediction has been borne out, and latest advices from Liverpool state that importers have difficulty in buying suitable eotton in America where, in order to get white colour, buyers are compelled to take a large proportion of stained and tingy with it. The present quotation for middling, 6.68d. is higher than it has been sinee October, with the exception of one day in Jaunary and it may be that there will be some reaction until consumptive demand improves; but at present the propect is that in the West, as in China, good cotton will be all used up before the new season opens. Exchange, after opening at higher rates, is closing weaker; apparently in the absence” of an active demand from India, sellers find difficulty in placing supplies. We are now within a couple of weeks of dhe change of monsoon in India, and unless there is to be a scarcity of rain this year, some revival of business may be looked for in that important market, which may change the whole aspect of trade by creating a revival of confidence generally. The Returns of Trade by the Statistical Department of the Customs has been issued and contains much intersting information; it is stated therein that Indian imports of silver in October and November 1907, when the decline in silver began, were about half of the amount imported in the corresponding months of 1906, and doubtless India has since then taken much smaller supplies than formerly. The export of silver from China referred to in the Returns is not a very healthy sign. Last year India took from China and Hongkong, Haikwan, Tls. 16,484,836; Last year Europe took from China and Hongkong, Haikwau, Tis 2,874,827; Straits Settlements took from China and Hongkong Haikwap, Tls. 5,182,587, little or none of which apparently came back, the net export from China, excluding Hongkong, after deducting imports, according to these Re- turns, is Haikwan Tls. 22,503,881.00, which at the average exchange then current was equivalent to £2,200,000. No large transactions have transpir- ed except in American sheetings, of which about 60,000 pieces are reported at prices that mark an advance of about a mace per piece on last week's rates. Sales are also said to have made of about 10,000 bales of native sheetings. As these goods are 18-in. 20 yards, the quantity is about the equivalent of 5,500 halos of American goods and prices are 7 to 11 cands. per piece above former rate. Local Yarn is firm, but demand is not quite so active; local Cotton has again advanced and is now quoted at Tls, 22.00 for: Tungchow. It is said that one Chinese mill will close down, and probably others will follow this example
unless cotton becomes easier.
EXPORTS:-
SILK,
SHANGHAI. From Mr. F. C. Heffer's report, dated Shanghai, May 27th, 1908. Raw Silk-The rise in exchange combined with improved crop prospects has rendered holders easier to deal with, Settlements amount to about 200 bales Tsatless, price declining Tls. 10 per picul.
KIUKIANG TEA.
Settlements. Stock
Arrivals
+++
***
44,744 60,802 46,983 62,929
91,727
CAMPHOR.
123,791
HONGKONG, June 8th-The price of Formosan camphor has advanced during the week, the quotation now being $92 to $95 per picul.
SUGAR.:
Reports from Formosa are to the effect that the Sugar market is in an unsatisfactory condi- tion owing to monetary stringency in Japan. have weakened considerably! There are but few buyers in the market and prices
HEMP.
Kaisha (Japanese Empire Hemp Manufacturing YOKOHAMA.-The report of the Teikoku Seima Co.) for the first half of the year since the amalgamation of the four principal hemp manufacturing companies shows an output of 1,980,475 yards of hemp add 2,894,883 lbs., of hemp string. The total value of the output was Y.2.140,194. The half year ended January 81 last.
MISCELLANEOUS EXPORTS.
Per P. & O. steamer Delta, sailed on 30th May, 1908:- For Manchester:-100 bales waste silk- For Hamburg-24 cases cigars and cut tobacco- Hand Filatures.-The balance of stock of Crack For Bradford :-40 bales waste silk. For Lyons chops has been sold at Tls. 670 for Vekee Old-67 bales raw silk. For Marseilles:-52 cases Man Extra, Pegasus 1 ordinary reel has found buyers at Tls. 595.
Tussah Filatures.-Demand has now, fallen off on account of advance in prices. Settlements have been made on the basis of Tls. 345 to 850 for Spinning Girl 1.
Quotations in Taels per picul
Testlees.-Grasshopper
Gold Lion
Buffalo 2 & 3
.550 .495 .....568‡ to 5437 Hand Filatures.-Pegasus 1, 2, Ord. 595 to 585 Yellow Silk.-Mienchew...........
Корий
.865
.310
YOKOHAMA―The total export of raw silk from
Yokohama during the 10 months from July last year to April this amounted to 82,884 bales.
cigars, 4 cases bird feathers, 50 bales waste silk, 16 bales raw silk. For Gibraltar-1 case silk piece goods, 35 cases cut tobacco, 16 cases cigars. For London:-2,893 packages tea, 4 cases silk piece goods, 55 bales raw silk, 210 bales waste silk, 14 boxes gold sovereigns, 36 cases cigars, 50 bales mats, 11 packages private effects, 9 cases birds feathers, 50 bales mats 3 packages old racquet balls, 1 case iron pipa fittings, 1 case cottons, For Naples :-5 cases cigars.
For
Per P. & O. steamer Sumatra sailed on 3rd June, 1908-For Antwerp:--6 packages canes. Marseilles -15 balés human hair. For Gibral- tar:-1 case curios. For London -200 bales waste silk, 90 cases chinaware, 9 cases woodware,
HONGKONG SHARE QUOTATIONS.
HONGKONG, 4th June, 1908.-Our market has ruled steady to firm during the past week, the features calling for special mention being an improvement in Docks, and a further firm. ness in Sugars. Exchange has remained fairly steady during the interval, and closes at 1s. 9 d. T/T on London, and 74 T/T on Shanghai, Bar silver is quoted at 244d.
BANKS.-Hongkong & Shanghais ars quistez locally with sales at $752) and $750, and Lon- don at the slightly lower rate of £76. Nationals are again without change, but in request at $51.
MARINE INSURANCES. Unions after a small sale at $795 are procurable at the rate and there are also sellers of North Chinas at Tls, 78, and Cantons at $235. China Traders contiaus in request at $86).
FIRE INSURANCES. Chines have again been booked at $93 and Hongkongs at $3174, both closing in request.
SHIPPING.-Hongkong, Canton and Macsos have been booked freely at $204 at which the market closes steady with probable buyers. Indo-Chinas could probably be placed at quots- tions, but sellers prodominate in China and Manilas, Star Ferries and Shell Transports at current rates. Douglases are quiet with a weakening tendency at $40,
REFINERIES. — Chins Sugars have been booked at $125, $127) and $130, and there are further buyers at the latter rate Luzons have been sold and are still procurable to a small extent at $22.
MINING.-Charbonnages are firmer with buyers at $570, but Raubs aré essier with sales and some sellers at $3.
DOCKS, WHARves and' GodoWNS.-Hong. kong and Whampoa Docks have improved considerably, and after sales at $103, #104, $105 and $106 can now be placed at $107. A small sale of Hongkong and Kowloon Wharves is reported at $52, market closing with sellers at $51) New Amoy Docks are in request at $91, and Shanghai Dooks at Tis, 89, with reported sellers at Tls. 90. Shanghai and Hongkow Wharvės are firm at Tls, 229,
LANDS, HOTELS AND BUILDINGA --Hong-
2 cases bambooware, 10 cases private effects, 1 kong Lands have been booked at $99. Kowloon case organ pipe.
Lands at $26, and Hotela at $95, the latter
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