194
COMMERCIAL
THE HONGKONG WEEKLY PRESS "AND
PIECE GOODS.
[August 30, 1909.
OPIUM.
IMPORTS :-
RICE.
SAIGON,-Messrs, Wm. G. Hale & Co., in their latest circular dated Saigon 20th Aug., report:- Our last circular was issued on the 23rd ultimo and the latest postal advices received since are as follows:-Hongkong 17th instant; Yokohama 6th instant; Manila 13th instant; Java 13th inst.; Singapore 16th inst. and Loudon 23rd ult.
We quote for September to October delivery. No. 2 White sifted (trië) steam milled
round
No. 2 White unsifted (ordinary) steam
milled (round)
$3.95
3.60
5% Cargo steam milled round
10% Cargo steam milled round
3.54
20% Cargo steam milled round
3.40
* Prices according to terms and conditions..
The following is a statement of this year's Ex- ports of White Rice, Cargo Rice and Paddy:-
Destination.
Total pcs.
57,948 14.790 4,503 24,569 25,478 41,042 22,571
1,689
Hongkong
Manila..
Iloilo
Cebu
Japan
Singapore
Batavia
Tjilapjap
Passoeran
Samarang
Sourabaya
India
Ceylon......
Madagascar
Réunion
33,897 4,062 1,183 30 17, 37
Mauritius
12,202
21,446
Egypt
Australia
Europe
1,215
1,232 154,896
Total
Same period of last year.
443,090
} 620,084
Saigon, Ordinary
22
HONGKONG, 30th August: The tendency continues, market being brisk.
$5.00 to Round, Good quality 5.05 to Long..
upward
$5.05 5.10
No. 1...
5,10 Lo to 5. 0 5.15 to 5.25 to 5.35 to
5.16
Siam, Field mill cleaned, No. 2...
"3
Garden,
White,
18
Fine Cargo
"
JAPAN MARKET INFORMATION.
5.03
5.20
5.30 5.40
Cotton Piece Goods.-Market quict but firm with prospect of advance next month. Greys: some
"hites: stock lots have changed hands.
nothing doing. Woollens and Woollen Mixtures--Fancies in small supply, quotations firm; Plains: market fair. Raw Cotton-Market remains lifeless. No fresh transactions reported. Rice. There is no marked change locally, but Saigon market has seen a considerable advance. No transactions have taken place locally. Metals.--Basis business is practically non-existant, and the market as a whole remains dull and as yet shows no sign of improvement corresponding to that reported from home, Window Glass.-Home prices are firm with an upward tendency. Some orders have been placed for forward shipment, but buyers generally have sufficient stocks. The market has been con- siderably influenced by the Oaka fire. Sugar. Business in imported Refined has been entirely absent, and at this week's auction bids did not
reach the Japan Refinery's limits. Flour. The market seems to be a little more ctive with some enquiries. For known brands several small luts have been booked for sixty and ninety days shipment, but prices generally are still much too high to make business possible Stocks are almost nil.
Wheat.-Prices for new crop are slightly easier than at first anticipated, although not yet low enough to tempt millers here to operate.
Quotations are:- Malwa New Malwa Old Malwa Older Malwa Very Old Persian Fine Quality Persian Extra Fine
Patna New Patna Old Benares New Benares Old
EXPORTS :-
HONGKONG, August 28th.
..$1,100/1,130 do.
$1,130/1,160 per picul
$1,170/1,200 do. ..$1,210/1,250 do. .$1,260/1,300 do.
...$1,000/1,050
do.
.$1,050
per chest,
-$--
do.
.$1,062} .$1,050
do.
do.
CAMPHOR
HONGKONG, 30th August:-The above market is at a stands till and prices remain es last quoted.
MISCELLANEOUS EXPORTS.
HANKOW, 19th Aug.-The prices quoted are for the net shipping weight excluding cost of packing for export:-
Per picul
Cowhides, best selected,
Do.. seconds.
Buffalo hides, best selected Goatskins, untanned, chiefly white
colour,...
Buffalo Horns, average 3 lbs, each White China Grass, Wuchang and/or
Poochi WhiteChina Grass,Sinshan and/orChayu Greenhina Grass, Szechuan- Jute.
Messrs. Noël, Murray & Co. in their Piece Goods Report, dated Shanghai 20th August, 1909, state:- There is little to add to our report of last week, everything remaining much as it was then so far as business goes.
As regards the political aspect China has bowed to the inevitable, and expressed her acquiescence to the action of Ja, an with re- gard to the changes she wishes to make in the It would Railways she controls in Manchuria. be of great benefit to the country if this same firm and decisive action was followed by others and so help it out of the old groove it has got in- to again. All sorts of expensive schemes are being promulgated which cannot possibly come to anything, unless the rich resources of the country are speedily developed, and that cannot be done without the assistance of outside capital and experience,.There is every promise now that Manchuria will outstrip the rest of the Empire in its progress. In the Yorth it is being rapidly populated by emigrants from Russia, and in the South by Japanese, while labourers from China proper are rapidly finding the advantages of pro- perly organised labour. According to the latest advices from Newchwang some radical change has taken place in the financial situation there, whereby the exchange relations with this port have undergone a vast improvement. For current transactions the quotation is about 6% discount, and 4% for December. It is not easy to find out the reason for this, however; the merchants there are trying to get better terms out of sellers here in consequeace. There is a small business doing with must of our dependen- cies, but second-hand holders and the auctions seem able to supply the demand, it being the obvious determination of the Northern buyers to defer calling on importers for supplies to the last moment. Meanwhile a purely hand to mouth bu-iness is being done in all kinds, the idea, ap- parently being to tide over the next few weeks until the autumn demand, which is fully expected this year, sets in. No single market stands out as being exceptionally active, but all seem to be taking fair supplies. Weather conditions have improved during the interval, the intense best having somewhat moderated and refreshing showers have been of great assistance to the crops. Manchester is very strong still, the mar- ket being maintained by the short time princi le that has been pretty generally adopted by manu- facturers. Although we do not hear of any fre: h business going through for this port, we learn that some direct transactions have been ár- ranged through a Japanese house for shipment to Hankow in staple goods. For thi- market a small but fairly general business continues to be done in indents for miscellaneous Fancy goods. The Liverpool Cotton market has recovered for Mid-August, 1909. American to 6.73d "spot," and 6.64d August, and silk, 1 case rubber. yesterday's quotation for November/December | silk, 138 bales pierced cocoons. was 6.43d. The New York market is, from all accounts, not quite so buoyant, but prices will have tu come down very considerably be- fore business is possible for this market. The quotations for Cotton are 12.28 cents for October and 12.25 cents for December. The Yarn market shows no signs of relaxation, the demand for In- dian Spinnings being still very strong, though perhaps rather more restricted. In Bombay the imarket is said to be quite excited, a large business having been put through in the Greaves Cotton
ompany's Spinnings for shipment to China in September. Japanese and Local Spinnings are both enjoying a fair amount of attention. Native Cotton is also attracting considerable notice, ecn- tract on a free scale being entered into for Seed for delivery October-December at 1110 per picul, while moderate sales of Tungchow and Tachong are reported at Tls. 24.00 and Tls, 23.00 per picul for the ame delivery. Spot business from first hands is practically at a standstill, and re-sales have been few and far between, while clearances are falling off. The following are reported to have changed hands amongst the natives in American Drills, namely:-Enoree FF Tls. 4.42}, Clifton R Tis 4.47) and Pepperell Tls. 27, and in light-we ght Shirtings, liedmont XX 4.70 yard at Taels 3.37, Piedmont LL and Pelzer LL both 4-yard at Tls. 3.65 and I'ls. 3.27 respectively. Cotton Fl.nnels are receiving some attention, but only in retail quantities. At the Auctions price realised for staple makes of Grey and White goods have ben disappointing, especi- ally at this morning's sale. There were a few exceptions, but nothing of importance. Turkey Reds and Fast Black Italians are both firmer, but Venetians are dragging. Woollens went at fairly steady to firm prices.
White Vegetable Tallow, Kinchow White Vegetable Tallow, Pingchew
and/or Macheug
White Vegetable Tallow, Mongyu Green Vegetable Tallow, Kiyu........ Animal Tallow Gallnuts, usual shape....... Gallnuts, plum do. Tobacco Tiny chow Tobacco, Wongkong.. Black Bristles,
Feathers, grey and/or white Wild Duck Turmeric Sesamum Seed
Sesamum Seed Oil
Wood Oil
Tea Oil
Tis. 38.00
34.00
J
22.00
15
11
8,60 8.00
»
21
11.20
10.20
11.00
15.50
18.00
"
11
"
19
11
5.80
J
#1
·
10,00
Per P. & O. steamer Caledonia sailed on 21st For Manchester-501 bales /waste Bradford-200 bales waste Leith-1 case
curios. Lyons-539 bales raw silk. St. Cham- mond-10 bales raw silk. St. Etienne- 10. bales raw silk. London- 528 h/c te», & cases P. effects, 2 cases cigars, 25 bales waste ilk, 5 cases silk, 95 bales raw silk, 2 cases old embroidery, 2 ceces dies, 1 chest old clothing and clock. Milan+ 25 bales raw silk. Marseilles-35 bales raw silk, 8 cases bird feathers.
1er P. & 0. steamer Syria, sailed on 25th August, 1909. For Manchester-100 bales waste For Greenock silk. For Dundec-52 caees ginger. -2 cases ginger. For Marseilles-402 bales waste silk, 5 bales festbers, 5 bales human hair. For London- 20 cases narcissus bulbs, 31 cases china- ware, 2 cases woodware, 3,145 cases preserves, 20 cases bristles, 8 cases empty gas flasks, 116 cases preserved ginger, 7 cases curios, &c, 12 cases personal effects, 2 cases drawers and curios, 1 case cigars,
FREIGHT.
Hankow, 19th Aug.-Ter Conference Steamers. To London and Northern Continental ports, 47/6 per ton of 40 cft, plus river freight. To Genoa, Marseilles or Hazre, 47/6 per ton of 40 cft, pla river freight. To New York (via Suez), General Cargo, 32]- per ton of 40 eft. plus river freight, To New York (via Suez), Tea 37/6 per ton of 40 cft. plus river freight. To New York (Overland) per carload; Tea G $1.50 cents per lb gross less! than carload Tea G $1.75 cents per lb gross; plus river freight. To Shanghai:-Tea and General Cargo, Tis. 2.50 per ton, weight or measure-
ment.
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