Credits, 4 months' Do. 6 do. On Shanghai, Book Bills on demand '3 days' sight, private. On Hongkong, Bank Bills on demon:
Freight—From Messrs, Wheelock & Cos Report of Sth: June:—Since last writing there has been no change in our freight market either for New York or London and rates remain unchanged. There is ample supply of tonnage for both ports, buts cargo is coming forward very slowly steamers will find considerable difficulty in filling allotments, Ata meeting of the conference the other day we believe it was decided to admit into their Ring the steamers of the Nippon Yusen Kaisha and also the Rickmers line; this should prevent, toa certain extent, any possibility of opposition but why they allow the former to give a further reduction of 5% we cannot conceive.
For London tid Suez:—At present we have abundant tonnage for this direction but as there is very little produce to go forward steamers will fare pretty badly. We have on the berth at present s.s. Pecfan, calling at Hamburg, s.s. Benledi, to sail 6th instant, 3.8. Glengarry, 8.8. Teucer, and s.s. Hyson, the last three all advertised for departure on the 10th instant and the P. & O, Extra boat Manila on the lith inst. "The ".s. Hector due from Japan will sail 20th inst, For New York via Suez:—The s.s, Benalder yesterday taking an exceptionally large amount of cargo; her berth has been replaced by the 8.8. Hankow, which will not sail for a couple of weeks, thereby giving shippers ample opportunity to execute orders. The next boat to follow will be either the s s. Glenogle or s.s. Strathnevie both now in Japan.
has now been taken up and is loading at a very reasonable figure, she will only remain here a short time as we believe a fair quantity For New York via Cape.—Since the departure of the. 7. F. Oates shine time ago, the berth has been vacant but the Paul Recer of Cargo is awaiting her arrival in Hongkong from where she will take her departure about the middle of next month.
From Hankow.—The s.s. Oanfa has achieved a great feat by taking from that port a full cargo at 47/6. She has orders, we believe, to make a fast passage; she left there yesterday morni Departures:—For London via Suez.—Ceylen 26th ult., Telamon, via Amoy 30th ult., Glengyle, via Foochow 3ist ult, For Hamburg & London.—Deike Rickmers 3rd inst. For New York via Suez.—Benalder 4th inst.—London by Conference Lines, general cargo 35s.; Waste Silk 40s; Tea 40s.; Northern Cent. Ports, general cargo 37a, 6d.; Waste Silk 40s.; Tea 40s.; New York, general cargo 40s.; Tea 40s.; New York vii London, general cargo 40s.5 Tea 458, Boston, general cargo 45s; Tea 50s. Philadelphia, general cargo 45s.; Tea 50s. Above rates are subject tou deferred return, as per Conference Circular.
London by Shell Line, general cargo 35s.; less 10%; Hamburg, general cargo 31s. 6d. net {New York, general cargo 40s. less 10%.
Havre direct, general cargo 37s. 6d. net; Genoa, Tallow 32s. 6i.; general cargo 35s. net; Marseilles, Tallow 32s. 6d.5 general cargo 35s. net, 42s. Gd. per ton of cwt. for above three ports.
New York by 5: nominal; New York by Pacific Lines, little doing.
Coast, Rates are:—Moji to Shanghai $1.20 per ton coal; Nagasaki to Shanghai $1.20 Disengaged vessels in port.—Eclipse, Am. ship, 1,496 tons register; Aida, Am. sch. 507 tons register; C. S. Bement, Am. ship, 1,899 tons register; Fannie Skolfield, Br. bq. 1,024 tons register; Helen Brewer, Bawn. ship, 1,518 tons register; Standard, Am. ship, 1/461 tons register; I". 12. Zadbot, Am. sch. 743 tons register; W. H. Conner, Am, ship, 1,424 tons register, Coal. From Messrs. Wheelock & Co.'s Report of Sth June:—Jarax.—Apparently has little or no interest just now as it is some time ince we have seen any business except amongst actual consumers; the amount of rubbish that has been imported is abnormally large and wi lect une ale of the good stuff. Canourr.—Is in slight demand but nothing of importance has ye: transpired. Is extremely weak and looks very much as if things were getting from bad to worse. The introduction of evidently shown him that his purpose is equally well served, as business in Wollongong has been very considerably curtailed. It is to be hoped that importers of the Australian article will sce their way to come down slightly in their prices and help to exterminate this poacher. Arrivals have been s.s. Tsinan on the 26th ulto, with 500 tons and the Guthrie on the 30th with 814 tons, both cargoes not being sold have been landed.
Quotations.—The undernoted figures are based on the most recent settlements for cargoes to arrive and do not represent the present market rates for coals in stock which fluctuate with the supply and demand.
Cardiff, ex godown.. £10.50 per ton, nominal. Japan, Miike Lump, ex godown None for sale.
American Anthracite, ex ship... EL " oe aay Stnall, 45 9.00 Sydney Wollongong, steamer cargo ex godown 9.00, sales, 2) Hayama, Japan, Takasime Lamp, ex godown 5.75). 4, none. " Meniji, Small, 4, ura, NamazutaLump, 3, Arrivals during the fortnight have been:—Kaiping Lump, 3,605 tons; Mixed Japa tons; Wollongong, 1,314 tons: Karatz Lump, 1,395 tons; Akaike Lump, 1,350 tons; total, 16,644 tons.
490 tons; Moji, 1,300 tons; Shinew, 1,00Q mazuta, 1,480 tons; Shakano, 2,710 tons Kerosene Oil.—Business has been exceptionally brisk since we last reported especially in the native mart where a considerable amount of speculation was rife, the result being that large quantities of Devoes passed hands at very fluctuating prices ending at the close of a atop to F167} per case which is our present quotation. In Russian tin oil a small business only has been done at 'f1.55 per case. Langkat some 25,000 cases arrived a short time ago which were immediately placed at '¥1.624-per case. This oil is certainly finding favour with the operators. Owing to the great scarcity of all brands at one time, a small shipment of "Comet" was made in Hongkong which has been sold to arrive at ¥1.70 per case. During the last fortnight vessels have been arriving daily bringing in the aggregate about 391,000 cases including one cargo of Russian.
Arrivals during the fortnight have been:—Standard the 27th ult. with 53,400 cases; Helen Brewer the 29th ult. with 61,000 cases; Clarence S. Bement the 3ist ult. with 77,000 cases; I. H. Conner the 31st ult. with 50,000 cases; Helensburgh the 3rd inst. 70,000 cases.
And we have since heard that the Pollallock with 100,000 cates, is outside \Voosung.
23,000 cases Langkat.
Including what have actually arrived our stocks in godown may be estimated at 322,000 cases American, 115,100 eases Russian and Since writing the Josephus has arrived with 52,300 cases Devoe's.
Quotations—Devoe' '£1.67 per case, one month's prompt, sales. Batoum No stock. $1.55 Langkat '51.623 " on " on
Text read from the printed page and cleaned; old type leaves the occasional error.