December 12, 1908.)
CHINA'S TRADE.
A SIGN OF IMPROVEMENT.
The Customs Gazette for the quarter. Jaly to September, would seem to show some improve. ment in trade. The Customs revenue for the quarter amounted to Taels 8.336.050. as compared with Taels 8.197.127 for the corresponding quarter of last year. We give below the revenue obtained from the South China ports for the third quarter of this year and last :-
1908. 1907. T. 80.486 83.177
77.118
83.190 880.423 859,116
Kowloon
Lappa
Canton
Kongmoon
Samshui
CHINA OVERLAND TRADE REPORT.
435
OLIUM.
RICE,
HONGKONG, December 10th.
Quotations are:-
HONGKONG, 12th D.cember: Fow do nands having come forward, the pric) is slightly declining.
Malwa New
Malwa Older Malwa Old
Malwa Very Old Persian Pine Quality Persian Extra Fine Patna New
$110 per picut.
Quotations are:-
$110
un.
Saigon, Ordinary
$5.30 to
$5.10
$1200
ä.
"
Round, Good quality
6 05 to
5.19
**
Long....
5.30 to
5.15
$1220
do.
Siam, Field mill cleaned, No. 2... 4.00
to
4.95
da.
+
Garden,
No. 1... 5.00
to
5.10
$950
do.
$Toro
per chest.
++
White,
Paton Old ...
$1125
*1
Fine Cargo
5.20 4.85 tn
to
5.30
4.95
da.
Bonares New
$1013
do.
!
Benres OM
do.
୮
Wuchow
Nanning
Swatow
Amoy
Foochow
Santuao
Hoihow
Pakhoi
39.043 29.789
1
53.699 57.794 156.059 149,639 16.786 8.725 391.391 378.311 208.003 244.041 252.489 269.865 49,709 41.206 76.400 82.454 39.746 33.246
It will be observed that the revenne shows a decline at Kowloon, Lappa. Amoy. Foochow and Hoihow; at all other ports it exhibits an increase.
KULANGSU (AMOY) MUNICIPAL COUNCIL.
A meeting of this Council was held at the Board Room on the 17th November when there were present:-Messrs. W. H. Wallace (Chairman), Huang Ts'an-chew, W. Kruse, W. Wilson, the Health Officer and the Secretary. (Mr. C. Berkeley Mitchell). Ordinary routine business was transacted.
POLICE.
¡
Hosakosa, Dec. 10th-Since the 26th ultimo the movements in the various Opium markets have been as follows; —
Stocks on the 90th Nov., 19. Now, 29th Imports per Dee, 3rd
7th
Meranba Lightning 17. Aptar ESCORS
921
21 3,057 1,337
902
195
aju 175 120
21
3,80 ! 1,357 1.81
say.
PIECE GOODS..
worse thau
B1
Messrs. Noel, Murray & Co. of Shanghei in their latest Fice Go da Report, dated Shanghai 4th December states:- So far as this branch of the trade is concerned there is very little to
The position is certainly no it was, and the surrou dings are undoubtedly Mabei Palun, Revives, Persian | improving. The financial crisis that was
greatly feared, and on which tra le generally was actua ly on the verge, his happily been averted and anxiety on that score
very much allayed. The continued drop in Exchange has assisted largely in fostering the exp rt trade and releasing money that was thus locked up, thereby affording relief to the stringency that has been prevailing for sometime, the r'e of interest in the Native money market being now about normal. It is looking now as though the trouble that was expected as China New Year approached has to a great extent been dis. countet and that confidence is being gradually restored, and with the low exchango small encouragemout is held out for the importation
already. of fresh supplies tempere with what is here The wise de ision arrived at by the Powers that be in the Capit 1 to hasten forward the coronation of the
new Emperor has met with approval on all sides, thus "clenching the arrangements that have been so well thought out. To-day the ceremony tikes place, the
j Less Exports to Shanghai:
Less Exports to East and West Coast Ports including Ival Consumption for the fortnight..
1
243 150
W1
Estimated Stork, this day
383 231 ***
*80 3861
1,334 1041
in deliveries and to ties meigro demand, pices Bengd, -Owing to the e antinue falling off have exprience a further decline to $1095. for Now Patua and $11251 -for Old Patna and † 1920 for New Bell tres,
14.
|
1 Malw.. - Very duil indeed and deliveries
Persian.We quote superior ding at $9P450, national mou ning, being temporarily suspended but there is no demand,
The Superintendent of Police reports the following cases have been dealt with at the Mixed Court since the last hearing- Summonses-Allowing pigs and cattle to stray 7; Throwing rubbish &c. into the public drains 2; Creating a disturbance 2; Infringement of trade-mark 1; Assault 2; Debt 1. Summary Arrests-Grossly ill-treating a woman 1; Theft 1; Committing a nuisance 1; Breach of Opium | 11th Regulations 6 Hawking without a license 1: Drunk and creating a disturbance 2; Uttering counterfeit coin 1; Housebreaking 2.
TYPHOON FEARS.
YARN,
On Dec. 8th the typhoon signals were hoisted and the event naturally caused no little ex- citement, at it is most unusual that a typhoonments, whilst importers having in view the should be in the vicinity so late in the year. At night the red cone and drum were replaced by the three vertical green lights.
Hosakoso--Mr. P. Eduljer, in his Report dated December, states: --Nothing of inter st has occurred during the past fortnight, and it would appear that he umption of demand is not looked for untill the country is more settled and confidence in the stability of the present regime at Peking k fully restored Meanwhile with the exception of a few trifling purchase for urgent and immediate requireme ts business is at a stand still. Dealers are keping entirely aloof and await develop-|
paucity of stocks and declining exchange are not anxi-us to self unless at an advance. The muket closes quiet but firm. Bombay is doing badly during the past twelve months, as reported steady. The mills there have not been
is evidenced by the recent boom in ali Cotton- mill shares, which have appreciated 10 to 20 per cent, in values, and with the American crop estimate of about 13 million bales and a
Steamers coming from the south report having experienced very rough weather and many of them were twenty-four hours late. The French Mail made a better trip than was expected and got in only a few hours late.
It was thought in the early part of the day that the typhoon was heading straight for the colony and the weather wise predicted that if it came the visitation would be particularly severe. Certainly the signs were confirmatory of this gloomy prognostication but as the night advanced without the storm breaking upon us it was evident that we had again escaped.
IMPORTS. :-
COMMERCIAL.
COAL.
HONGKONG, Dec. 12th.-The arrivals of coal since the 25th ultimo amounted to: 26,930 tons of Japanesc. The
coal expected is 45,000 tons of Japan coal, 6,000 tons of Cardiff and 5,900 of Australian. Quotations according to Messrs. Hughes and Hough's circular are as follows:-
Cardiff......$23.50 to $ ex-godown, sellers. Australian ..$12.50 ex-godown, sellers. Yubari Lump...$12.00 ex ship, sellers. Miiki Lump
$10.50 to $11.00 ex-ship,nominal. Moji Lump $7.75 to $9.50 ex-ship, steady. Moji Unscreened$6.00 to $8.00 ex-ship, steady. Akaike Lump...$8.75 to $9.00 ex-ship, steady. Labuan Lump...$9.00 ex-ship sellers,
good Indian
crop. there seems to be every probability of another year of prosperity to the textil industry of that port. Sales of the interval aggregate 750 bales, arrivals amount to 8,213 bles, unsold stock estimated at 16,000) and sold but uncleared Yarn landing and in tiedowns about 18,000 falez, Local Manufacture :-Nothing | doing. Japanese Yarn:-No business is reported. | Raw Cotton:-A moderate inquiry has been experienced and some 425 hales superfine Bengals have changed hands at $25 to $26 leaving a stock of 10 bales on the market. In China Kinds 50 bales Thoongchow have been sold at $29). Stocks 180 bales Quotations are Indian $23 to 264 and China $26 to 39). Exchange on with silver and closes unsteady to-day at 18. India Continues its downward course in ampathy
127 for T/T and Rs. 127 for Post. On Shanghai 75g and on Japan 821. The undernoted business from Shanghai during the we-k ended the 29th in imported and local spinnings is reported ultimo, viz:--Indian-The aggregate of sales amount to about 500 bales at or about previous quotations, market closing. quiet but firm Estimated unsold stock about 10,000 bale Market closing firm. Japanese:-Market steady with small stocks, sales about 400 bales on the basis Tls. 96 to 105 for No. 16s and Tls. 105 to 113 for No. 208. Local:-Market quiet but steady, no business from first hands.
Cotte
K
all over the Empiro. If this passes off without trouble it will show conclusively that the pro- sent Goretament can be relied upon, and great credit will be due to those who are directing the affairs of State. Nothing coulf have been done better to restore the confidence of the country, and this should go largely towards the revival of trade both domestic and foreign. The block, which will no doubt be tumbli now 'speedily removed under
.?',
aa enlightened Government, is the currency question, which is at present in a state of utter chaos and must undergo radical reformation. During the inter- val the dispite that was pending regarding a new tax on goods lindel at Kiaochow has been arranged and shipments thence resumed, this no doubt accounting to a great extent for the rather better learine s exprienced in some quarters. It is also repted that an important question regarding the fineness of Silver as legal fender, which has bon a bone of c utentiva in Tentsia for some time past, has been satisfac- torily settled during the past week and it is hoped will assist in the betterment of tra le in that quart r. It is pointed out that there is some difficulty in eradicating the credit system there all at once, as the Native indentors of goods claim that as a part of their contracts and threaten to repudiate them entirely if the privilege is not allowed. Newchwang news con- tinues satisfactory and there seems to be a
demand fo goods there, as shippers are tyin.g to make arrangements to ship via Dalny I reasonable terms can be made. Trade on the Yangtsze is very slack still, although an the troubles up there appear to be over. Advice from Manchester are being much curtailed, both buyers and sellers recognizing the futility of trying to do anything at present.
The or ly indication of the pos.tion is a further alight decline in Yarns. American Cotton has been subject to considerable fluctuations in Liverpool during the interval Middling finally settling option. Egyptian is up to 81d. The Export lown to 4d. spot and 4.691. February/Maron
figures for last month are not yet in. The New York market keeps very firm and no business is possible for this, Cutton has declined to 8.86 cents for January. As regards the question of freights on goods to China the old Companies appear to have decided to revert to the former order of things. The following extract from the British Export Gazette of 21st October may edify some of our readers-"In China the Cotton Mills of Shanghai are now supplying much of the Sheetings, Shirtings and Drills for the district, imports from American having fallen off in consequence, though the purchase of
No comments yet.
Private notes are available after approval.