The Archive · 1879

SHANGHAI, arm JANUARY, 1879

PIECE GOODS.—The past week has been characterised by an active demand for most Cotton goods, with hardening, and in come cases higher quotations; a fair quantity of goods have been wanted for immediate delivery, chiefly Grey Shirtings, but the majority of the cal have been made for cash next month, on which terms buyers have been ready to pay higher rates. The Northern men it chief buyers, and if their anxiety to iny in stocks this year be any criterion, it looks as if they expect a good business for Tientsin and Newchwang on the opening of the market, unlikely though that next month when the fest steamers leave it will be found that they have got all their goods ready an will want nothing more until the return to Shanghai of ssid steamers. Considerable goods, chiefly T-Cloths, haze been tought on speculation, supposed to be for the Northern deniers, but apparently intended for month. News of a somewhat higher marl in Manchester is encouraging to holders, and the market closes about 2 candor: for 8.4lbs, Grey Shirtings, 24 candareens for White Shirtings, 5 candareens for ordinary Euglieh Drills, and 2} candareens for American Di In Woouzess, an improvement has at last ect in in Camlets and Spanish Stripes, and the Auction sal this week shows a rise all round. Fancy goods have all also come into better demand.

"another Auction of Cutton goods commenced this week, and as the quantities offered were small, they went off at good rates.

Grey Surertsos,—8} Ibs.—Sules repo 000 pieces of Dewburst's Engle at F1.71, Hand and Branch at £1.67, Red Joss at $1.55 to T1.574, Lion ut 11.574, Red Pheasant at F1.56, Red Stag, Lion on Bale and Teapot at £1.85, Warrior at £1.45, Large Eagle at $1.42}, Dragon at £1.41, for medium qualities prices ara about 2f candareens higher, and for common and best about 1 here is a good demand be immediate delivery, and for payment next mouth.

Viz., Green Stag at F].283, and Reindeer at 1.18}, prices are firm, more expecially for good qualities Sales are 12,680 pieces Red Pheasant at {1.15} to 1.16, Pagoda at T1.125, Man and Flag, and Steg at '1.11; these good 0 freely at rather higher rates..12-Iha,—Sales are 10,000 pieces of Dewhurst's Engle A at $2.374, and Hand and Branch at $2.15—the market is without change, and most of the demand is speculative on native 'T-Croras,—7-1hs.—Salen rep 50 pieces of Goll Sycee at T1.374, 2-Cash at F1.10}, Lion on Bale at 1.10, Silver Phenix at £1.09, Horseman, Man and Flag at 0.95 5 jemand has been most on the finest goods, which are now worth rather more, and common 18 are alto freely saleable ut 1.10 to sal 100 pieces M T. X are £7,200 pieces, and 1,500 pieces Yellow Lion at £0.98, 000 pieces G4-reed Blue Stag at 1.674, and 1,000 pieces 56-reed 3-Man at $1.50, prices are at least 24 which are most wanted, ro 14,400 pieces of 14-Iby. English Dragon R at '£1.80, Dragon at F176, and Horseman at {1,76 to T1.77, prices a Detter for ordinary quali 82 in now offered for Dragon R, lea no far are 180 bal nan at £1.774, 70 bales PMC D at £1.75, 50 bales Stag at 'T1674, and 116 bales Suffolk 324, these goods are wai rge lots on tue spot are gradually improving, and the market may be quoted 24 ander her. quoted at £2.07}. In American a re-sale of 150 fed Cambrics are improving, ut Auction; of Handkerchief 11,000 doz. and all other goode being enquired for, " mentioned. Of American Beaver, 1,200 piso sold at $2.10, higher, and Sp en higher; a sale of GO pieces Gentian H H was male at £0.60, and another of 48 pic lue, and show a rite at the Auctions of 1 to 3 mace per piece, Scarlet Long Ell a little common chop at 4

Kin-Mivo, 7th inst,; a Dati aod é Bibeabonees Scarlet. (Dk. Blue, It. Gt. Black. Mauve, At Whito.(Total Sal

Camlete C. 11.60/72 12.60/5 11.98/5 11.99/75 mare 12.10 M0 50 50 100 20 10 370 300 300 40 40

6 i 6 192

Dibip. pet! Land 12.00 sie in Salon, por... 40 20 99 Long Ells H. D.B. p.pee.

Sales, per.. 190 Sp. Stripes p.yd.

Sales, pos... 66

Yees-Foxa, 9th inst, snaspieitsey 200° 80 te 30 30 a cee)

10,874,924" 11.525 /5 Kes MARA asop a 10.95 11.60 10.85 10.925 10 10 100

Sales, -; 200 S. Stripes T.T.B. p. 048 0.61 eae Sal 12 it 6 252

Text read from the printed page and cleaned; old type leaves the occasional error.

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