[June 26, 1909.
COMMERCIAL
IMPORTS:-
CHINA OVERLAND TRADE REPORT,
HONGKONG QUOTATIONS,
HONGKONG, 14th June, 1909.
Hongkong markets
Apricot
Borax
Cassin
Clores
RICE.
HONGKONG, 25th June:-The quotation of the market is nearly the same as when last reported. Camphor
Round, Good quality Long...
Saigon, Ordinary
4.95 to
$480. to $4.80 5.00
Cow Rezoar Fennel Seed Galangal
6.00 Lo
5.15
Siam, Field mill cleaned, No, 2...
5.00 to
Grapes
5.05
Kismis
"
Garden,
No. 1...
White,..
#7
Fine Cargo
4.95 to 5.15 to 5.20 6.40 to 5.45
6.00
Glue
MARKET INFORMATION.
YOKOHAMA, 31st May, 1909. Cotton Yarns-The market 18 quiet, and home prices are still preventing business. Cotton Piece Goods.In Grey Shirting some business has been passing in standard qualities, apparently at prices below-to-day's market values. Generally speak- ing, buying for Greys has come to an end for the Beafon. Grey 'riuters
seem to have been neglected. There has been a little enquiry for White Shirtings, and for Cotton Italians in standard qualities a few orders have been put through. Woollen and Woollen Mixtures.-Tuis market is still very dull, and order for next Spring season, which should be coming in now, still hang fire. Raw Cotton.-The situation is unchanged. No business of any importance has beeh reported during the last fortnight. Rice.- As last reported, the tone of the market continues to improve without, however, anything special to report, very few orders being placed for foreign importations. Metals.-The market is quiet. A few offers for Bars have pissed, but no actual business seems to have resulted, buyers being unwilling to meet home price. Window Glass.-- Home prices are somewhat weaker. Stocks here are accumulating, but quite a number of new orders has been placed for June-July-August shipment. Sugar.-A few transactions in Hong- kong Refined have been put through The last two auctions of the Dai Nippon Sugar Refinery proved abortive. Flour.-Business in imported grades, is entirely at a standstill, and dealers a e endeavouring to re-exot to other markets. Wheat.-No business passing.
OPIUM,
HONGKONG, June 24th-Since the 10th ulto, tha movements in the various Opium markets have been as follows:-
Malwa, Patna. Benares. Persian
2,582 883 645
175 125 200 495
Stocks on the 10th June, 19-2,641 June 15th Imports per Japan
4, Bekie- Lightning-
154
..
19
21st
#+
Fy
22nd 23rd
F
"T
41
21
11 Annage
2,795
Less Exports to Shanghai
3,142 1178 175 25
064
Less Exports to East and West Coast Porta including
Local Consumption for the fortnight..
112
409
117
214
...
450
Estimated Stocks this day.. 2,693 2,498 1,080
Bengal.--As hargains in the hand of the Chine e are moderate, there has been some demand all along. Closing quotations are $1000- for Patna and $1025.- for Benчres. The market has opened for New Benaies at $1023- Deliveries have been very poor for 30metime past and it is expected that an improvement will shortly take place.
"alwa. The market has been very dull and prices are weak,
Persian. We quote superior drug at $1039/40.-
Quotations are:—
Malwa New
Malwa Old
Malwa Older
Malwa Very Old
HONGKONG, June 23rd.
$1,100/1,150 per picul .$1,160/1,200 do. $1,210/1,240 do. .$1,250/1,320 do. $1,050/1,090 do. .$900/950 do.
Persian Fine Quality
Persian Extra Fine
Patna New
.$1,000
Patna Old
.$1,020
do
.$1,010
dɔ
Benares New Benares Old
per chest.
do.
Olibanum
Oil Sandalwood
11
Кова.
L'assia
Raising
Senna Leaves Sandalwood Saltpetro
YARN.
$16 to 17 $18 to 20
221 to 221 $20 to 31 $84 to 86 $70 to 114 $10
$2 to 4 $15 to 16 $15 to 17 8204 $21 to 16 $250 to 350 $70 to 90
$185
$12 to 13 $8
$33 to 35 $10 to 11
565
while there is a good demand for heavy Shirtings both for Ningpo and Hangchow. Clearances have been on quite a free scale in the intervals between the rain storms and have certainly been the most satisfactory feature of the week, as although it does not always menn reducing the stock of unsold goods it implies some inroad into the excessive supplies that are banging over this mar- ket. The position in Manchester is unchanged, prices being perhaps rather firmer in sympathy with the raw material. The latest Liverpool quotation for Mid-American Cottor is 5.98d, a sudden advance possib y to catch the June shorts. This looks the more probable as the "spot" price has suddenly outstriped "futures." Egyptian is unchanged at 8d. Advices received to-day from New York report the quotation for July option 10.97 cents for Mid-Orleana, A fair business is reported in Drills at 11s. 3d, for Pep- perells, but we understand that about 3 per cent. advance is wanted for further quantities. The market for Indian Yarns is more active but the bulk of the transactions have been through second hands. Foreign holders have succeeded in getting prices up slightly, and will probably be able to maintain them on that level as the Native Indentors have very light stocks now. The market in Bombay is fairly steady and a moderate business i- passing. In Japanese Spin- nings business is conspicuous by its absence, holders, by their actí a in trying to force prices ing in the home centres, causing a curtailment of up to a level more commensurate with those rul-` the demand. This has probably diverted atten- tion to the local Spinnings, contracts for which to the extent of 10 to 12,000 bales, have been entered into during that interval. Native "otton is fir- mer owing to the local demand, We notice that advices have come from Peking that the revised is now completed nd will be promulgated in the edition of the proposed Trade Marks regulations
coming Autumn. We can only imagine they will be submitted to the interested parties here, and meet with their approval, before they come into force. Anent the question of Bank notes, the Bank that closed its doors here recently had an issue of Tls. 60,000 with absolutely nothing to meet them It is now announced that the Shang- hai notai is wiling to advance Tls 40,000 to- wards meeting them, so they will evidently only be paid at a heavy discount It is eminently satisfactory to learn that the British Government refuses to join in any conference regarding the increase of China's Customs Duties until such time as other conditions and stipulations in the Mackay Treaty have been properly carried out, It is quite time that the Country, whose trade that of all the other nations, should at last assert and rested interests in this Empire far exceed
itself any try to safeguard the rights of her sub- jects. The business done this week has shown some return of life to this market. There is a demand has not reached Importers directly, they much better feeling and more enquiry, and if the
are to a large extent benefitted by the improved fully 2,000 packages of Manchester goods during clourances. Hankow alone is said to have taken
the interval and most of the other markete have taken a fir qu t, but it is feared the fresh ar- rivals are enjoying the preference. First hands, have participated in the business to some extent, the demand eu.bracing a large variety of staple
HONGKONG-Mr. P. Eduljce, in his Report dated 11th June, states:-A br.sk demand from the country has set in and a fairly large business is in course of transaction. Dealers after holding off for a considerable time seem to have accepted the situation, but strenuosly stand against any advance in price: importers, on the other hand, appear willing sellers and sales are being vigorously pressed. Sales have een confined to best spinnings of favourite chops, while other tickets coming under the category of "best," but in less favour with dealers have been passed over for lower prices. The demand has run upon al- mst all counts, Nos 10, and 203. attracting by far the largest amount of attention and forming the bulk of the settlements. No impreneut is notic ble in values, but on the other hand no material decline in prices has and although some fluctuation in rates is here taken place, and there observable the market generally may be termed unchange.i. Receipts during the in terval have been comparatively moderate and with larger off-takes our estimate of stocks shows a small increase. The market closes quie. Bom. bay is reported strong, and latest telegrams from that port quote best No. 10s. annas 6 and No 203 annas 61 Sales of the intervel aggregate 7.419 bales, arrivals amount to 9,257 bale, unsold stock estimated at 26,500 and uncleared stock in second hands at 20, 00 bales, Local Manufacture :-No bu-iness he transpired. Japa ese Yarn:-- Neglected throughout. Kaw Cotton-We have had a barren fortnight in this market, high prices check consumption in both Indian and China "descriptions. Stucks Indian 115 bales, hinese nil, quotations are Bengals $26 to 294 China $28 to 31. Exchange on India has continued steady in sympathy with silver and closes to-day at Ks. 133 for T/T and 133 fo Post. On Shanghai 74 and on Japan 86). The underno ed business in imported and local spinning is 1eported from Sanghai during the fortnight ended the 10th instant, viz.-Indian:-The market has con- finued quiet, but at the close the demand is improving. Total sales about 2, 00 balęs, No. 208, showing a slight improvement in values, Estimated stok about 35,000 biles. Japan se Market weak owing to increasing stocks. Totalguda, but at prices that are below replacing cost. sales about 1,00 bales on the basis of Tls. 971 to 106 for No. 16s and Tls 104 to 113 for No. 208. Local:- mand continues and about 1,000 bales No. 10s. have changed hands at Tle. 99.
over.
PIECE
GOODS
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from first hands than for some time past. A mild In American ma e a larger business is reported
estimate puts itt 5,000 bales, mostly Drills, but the es les probably exceed that quantity. Of the former we quota Pacolet and Massachusettes Tls. 4.85, Cameron 2 Rabbit Tls. 480 and Pied- mont Tls, 4.60, all Drills, and 600 bales of Sheet- ings, particulars of which have not reached us. These ar all from stock and in addition it is
booked to arrive at 11s. 8d. Of the resales the following heetings are reported to us :-Lindale Tla. 3.75, Blue E ephant Tl, 4.30 Piedmont K. Tls. 4.35, Buffalo A Tis. 4.371, Running Horse Tis. 455, Stag and Dog and Small Cat's Head Tha. 4.574. Large and Sma 1 Eagle Tls, 4.60, 3 Rabbits Tls. 4.624, Man and Lion T. 4.70. Owl Tls. 4.75, Flying Man Tis. 4.80 and Whitney Tl. 4.90, Ring Calf Head Tla. 4,271, Large and Small Eagle, Standing Horse, Piedmont A and Heaven Mandarin Tls. 4.60, Blue Pagoda and Rapid Fire Tls. 4,75 and Pepperell Tis. 6.00. The Auctions have not altogether fulfilly the expect- ations as regards the staple makes, none of them showing any inherent strength, while the reverse was frequently the case. Exceptions may par haps be in best White Shirtings and White Irishes. Turkey Reds were steady to firm, and Fast Black Italians, and Venetians decidedly fir
Messrs. Noël, Murray & Co, in their Piece Gods Report, dated Shanghai 18th Jun", 1909, state-reported 2,500 bales Pepperell Drills have been Kain has continued to fall somewhat copiously throughout the interval and there must be few ports now that can complain of the want of it. Judging from the results, that is in the way of b siness, it has given general satisfaction and trade seems to be on the mend. This is always the more atisfactory ju-t prior ta settling day. and portends a better market when that ordeal is It is certainly gratifying to find the inquiry is showing signs of improvement all round at this period of the year, a time that is invariably dull, and it should augur well for the future. New- chwang has taken an important position in the buying, but the other Forts have been in a better mood as well, business being fairly well distributed throughout the Country. For the Northern Ports attention has been chi-fly centred on American goods, Dri ls more articularly, but certain Man- chester makes have also met with quite a decent inquiry from that quarter, as well as for Chefoo, mer. Woollens have suffered a reaction and with Kiaochow, Hankow and the other River markets, | few exceptions lower prices are recorded.
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