The-Hong-Kong-Weekly-Press-1909-04-26 — Page 22

Hongkong Weekly Press AND China Overland Trade Report All

350

IMPORTS :-

COMMERCIAL.

RICE.

HONGKONG, 28th April:- market is nearly the same as Saigon, Ordinary

The position of the when last reported.

$4.45 to $4.50 Round, Good quality 4.60 to 4.65 Long...

ما

4.60

21

#

Garden,

33

White,

"

Fine Cargo

Siam, Field mill cleaned, No. 2... 4.75 to No. 1... 4.55 to 4.70 to 5.95 to

OPIUM.

Quotations are:----

Malwa New

Malwa Old

Malwa Older

Malwa Very Old

Persian Fine Quality

Persian Extra Fine

Patna New

4,60 4.85 4.60 4.75 5.00

HONGKONG, April, 24th.

THE HONGKONG WEEKLY PRESS AND

feature. At the Auctions, prices for the staple makes of Greys and Whites have ruled irregular- ly, no one particular kind showing either a uniform advance or decline, Turkey Reds are very weak and Fast Black Italians are feeling the con- tinued

presure of heavy sales. There are undoub- tedly a great number of undesirable cloths and finishes here that are unsuitable for this market, and their weeding out will undoubtedly be of benefit eventually. The little spurt that showed itself for a week or two in Prints appears to have died out, as also the enquiry for Repps. For Woollens the demand is very slack and comes and goes by fits and starts, the small lots at Auction scarcely being any real criterion of the market. The following extract from the Indian Trade Journal will be of interest to many of our readers who were personally acquainted with the promo- ter of the enterprise mentioned :-"The Sudan Times reports that the first lot of Zaidab cotton ffered for sale from Mr. Leigh Hunt's Berber estate has realised the quotation for Egyptian 'cotton. The Sudan Times concludes that what

is possible on Mr. Liegh Hunt's land is po sible elsewhere, and that this result is sufficient per chest. proof that Sudan cotton can be profitably grown, and that if properly cultivated it can compete with the Egyptian staple, We find the following in the same qurnal: "The future of the silver market largely depends ou the measures China may take to provide a largor coin-ge of silver. It must be borne in mind that the production of silver is chiefly in the nature of a by-product derived from lead and copper ores, and it is not probable that the rate of production will fall of to any considerable extent so long as the demand for lead and copper exists, as at the prezent time," So that no great expectations need be based on an advance in the

.$1,070/1,080 per picul. ..$1,090/1,100 do. $1,110/1,140 do. .$1,150/1,185

do. ..$1,020/1,050

.$850/900

.$940

do.

le.

Patna Old

.$960

Benares New

.$955

do. do.

Benares Old

do.

FOOCHOW IMPORTS.

-$

YARN. Since 1st June, 1908 :—-

As per last circular.... .24,993.40 piculs. Fince last circular.

1,581,00 26,574.40

Total

KEBOBINE. Since 1st June, 1908:--

As per last circular

多多

"

..5,039,711 gallons.

FLOUR.-Since 1st June, 1908:-

As per last circular

Since last circular.

Total...

www.ww

OPIUM.-Since 1st June, 1908 :--

As per last circulac

Since last circular

Total..

PIECE GOODS.

.409,161 bags.

10,472

.425,633

white metal for some time to come.

HONGKONG QUOTATIONS,

HONGKONG, 19th April, 1909.

.2,0854 chests.

8-4 .2,1091

Hongkong markets:- Apricot

#

Borax

Cassia

Cloves. Camphor Cow Rezoar Fennel Seed Galangal Kismis. Grapes

Glue Olibanum

Oil Sandalwood

"

#

Rosa.. Cassia

Saltpetre

EXPORTS:-

$18 to 19

$18 to 19 $21 to 23 $32

$80 to 80 $70 to 120 $9 to 10 $2 to 41 $18 to 19 $19 to 20 $26

$3 to 14 $250 to 300 $70 to 80 $192

$14

$8

$32 $10 to 11

·

TEA. FOOCHOW, Apr, 18th-The following settlements have taken place during the week :-

Total arrivals, settlements and stock to date -Chests -Chests Chests Chests

Congo. Souchong. Oolong. Pekoe

55.782

Arrivals

250,00 123,500

8,287 Settlements.. 241,610 121,770 55,782 8,287 Stocks......... 8,390 1,730

The Tea Export Summary from of Season to date has been :-

I

Messrs. Noel, Murray & Co. in their Piece Goods Report, dafed Shanghai 16th April, 1909, state:- The past week may be classed as a record one for quietoess, and even those who did not avail them- selves of the Easter holidays found absolutely nothing to do in the way of fresh business. Clear- ances were very fair on Saturday, and in fact every day the Customs were open, but that is all, there being no inclination to pay the prices want- ed by holders, who on their part do not feel justi- fied in selling considerably below replacing cost, Kaisins and in face of possibly even higher prices still in Senna Leaves the home markets. The Auctions have monopoli-Sandalwood sed the attention of buyers, and if they have not had things absolutely their own way the sales have not been at all satisfactory to the sellers. Newchwang, although our lest outlet at present is disappointing, not a fraction of the anticipated demand having shown itself as yet, and especially for American goods. It is to be hoped that this is merely due to the determination of the caterers for that market, as mentioned in our last, to nurse the demand, but at the same time it must not be lost sight of that big profits lead to com- petition. Tientsin is still very quiet, but is tak- ing, on whole, larger quantities than last year. English T. Cloths and Turkey Reds, and American Sheetings being the most noticeable exceptions. There are rumours, however, of further business being done on the credit basis. Fostered by the steady advance in Cotton the home markets are showing a strong front, which every one is inclined to think is a good thing for this trade. Man- chester is reported as very firm at higher quota- tions all round. American Cotton has advanced in Liverpool to 5.42d for middling, spot, and 5.36d for June/July, and Egyptian to 8d. New York is also higher, 10.02 cents for May and 9.90 cents for October, coming yesterday, while to-day 10.04 cents is quoted for July option. The goods market is very strong, previous quotations being well miantained. The Yarn market is quiet but steady prices are being at- tained by Importers for the more favoured cbops. Native indentors realising their goods as they arrive and taking their profits, but are not replac- ing by fresh purchases in Bombay, that market having further advanced. Japanese Spinnings keep firm, the supply here running short. Local yarns are going off well, and in sympathy with Cotton prices are very firm. Private transactions continue conspicuons by their absence, any de- mand there may be being of the most retail description. Clearances of English goods for New- chwang are keeping up well, Jeans being a special

Austria France Germany

Holland

London

Russia

Other Countries South America Australia & N, Z.. U. S. & Canada. South Africa Coastwise Southward Coastwise Northward).

Total Shipments

commencement

Total lbs. 1,524,919 1,266,402 4,032,928 1,095,693 4,771,761 763,654

530,932

233,561

1.354,103

5,841,600 118,853 89,217

37,412 ,21,661,131

FOOCHOW EXPORTS.

CAMPHOR-Since 1st June, 1908: -

As per last circular ... Since last circular Total

..5,115 02 piculs.

260.00 ...5,375.08

27.01 piculs.

CAMPHOR OIL. Since 1st June, 1908-

As per last ciccular Since last circular Total

.23.20 50.21

[April 26, 1909.

CAMPHOR.

HONGKONG 28th April-There is no market. The prices are the same.

MISCELLANEOUS EXPORTS.

Por Messageries Maritimes str. Caledonien sailed on 13th April 1909. For Lyons:-454 bales raw silk. For St. Chamond:-86 bales raw silk. For St. Etienne:-10 bales raw silk. For Marseille-266 raw silk, 15 cases feathers 6 cases embroideries, 33 packages human hair,

36 cases Porcelain, 10 cases paper. 30 cases hats, 5 cases ylang ylang. For Havre: For Manchester:-5 cases cotton. For Eeunion.-12 cpses mate.

Per P. & O. steamer Devanha, sailed on 17th April 1909. For Hamburg-1 case birdfeather. For Manchester:-470 bales waste silk. For Milan:-21 bales raw silk. For St. Etienne :— 32 bales raw silk. For St. Chamond, 92 bales raw silk. For Lyons:-691 bales raw silk. For London-125 bales waste silk. 5 cases Persian opium, 18 cases silk, 5 cases China and lacquer- ware. For Marseilles-125 bales waste silk, 200 bales raw silk, 140 cases tea, 28 bales human hair, 1 case silk, 1 case feather.

HONGKONG SHARE QUOTATIONS,

HONGKONG, 23rd April, 1909.-A good general investment business has been transacted during the past week, and rates on the whole have been well maintained. In the North further sensational advance in Langkate has been established and rates for Indos have also advanced under buying orders for northern ȧo`ount. Sterling exchange has advanced dur- ing the interval to 1/91 T. T. with Bar Silver at 2344d. On Shanghai the T. T. rate closes at 741. and at 751 for 3d/s private bills.

BANKS.-Hongkong &Shanghais have further appreciated and sales at the close are reported at $940 with probable buyers at the rate. Lon- don closes at the improved rate of £89.10.0. Nationals are without change at $51,

MARINE INSURANCE.—Unions have ruled somewhat erratic during the interval, but at the close are steadier with sales and probable buyers at $825 cum dividend = 8778 ax the divi lend of 47 per share paid yesterday. Can. tons have again been booked at $187) and more shares are procurable. There is no change or business to report in China traders, North Chians, or Yang taze which remain in request at quotations.

FIRE INSURANCES.—Hongkongs have again advanced and sales at $335 are reported at the olose, at this rate however there are probable sellers. Chinas after sale at $104 and $104) are now in request a' $105.

SHIPPING.-Hongkong, Canton and Macsos have improved to $301, and Indos to $72 for the combined preferred and Deferred after sales at $67, $68, and $70. China and Manilas have further advanced, and sales up to $18 are reported, but at this rate there are sellers. Douglases have been booked at $36 and more shares can be procured. There are buyers of Star Ferries at $24 and $15 for the old and new issues respectively, and of Shell Transports at 561-

REFINERIES. China Sugars have been neglected during the interval and close without special feature at 8137) Luzons are procurable at the reduced rate of $16.

MINING.-Charbonniges have advanced to $625 with buyers. Raubs remain steady at $8, and Chinese Engineerings at Tls. 18, the |latter closing with buyers.

DOCKS, WHARVES AND GODOWNS.-Hong- kong and Whampoa Docks are easier with sellers at $79 after small sales at $80. Kowloon wharves are wanted at $52, and Shanghai and Hongkow wharves at Tls. 166. Shanghai Dooks are wanted at the reduced rate of Tis. 80. and New Amoy Docks at $94

LANDS, HOTELS AND BUILDINGS, kong Lands have been done, and there are fur- Kowloon Lands are quiet ther buyers at $97. at $30, and West Points at $44, but of the latter here are prob ble buyers. Hotels are enquired for at $85, and Humpbreys Estates at $87 Shanghai Lands are steady at Tls. 117.

Hong-

COTTON MILLS.—Ewos are firmer with buy- ers at Tls. 122. Hongkongs are still obtainable at $9 but no business is reported.

&

I

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