The Archive · 1896

COMMERCIAL INTELLIGENCE (From Messrs. Not, Murray &: Ca. Piece Goods Trade Report of 12th November.)

PIECE GOODS. Business continues on much the same dull lines as during the pact two months ced ore now nearing the close any extent, although the published rate of Native interest appears reasonable itis eaid that only the leading Hongs are allowed to make use of it to lat abe (rude itself is on a sonnd enough basis, but a general tightness of money hamper besieoae ey ton very small lines, and Pas see 4 Autumn season, the like of which itis hoped will aot oceut again for many years so cancer" Tonnes ides we bear

ale and Sheetings. "Reports from Haxkow are rather better, but Newenwaxe is very quiet and itis not likely that much mee Chinese, the most notable of which being a demand from the Tiesrsiy and SHaxtoxe mechan he poe been buying Amerinat During the past week sales from importers have been almost nothing, but a fair quantity of transactions are reported amor £2 the low prices offered, and this class of business is being mate all the more dificult by the cone ate Maxcitester market, which Prtiae done with this market this year. There is some enquiry for forward busines, but so fay Neale if anything, has been done owing is reported strong with " burdening tendency. The New York market is also Very frm wenchenyot being in no apparent hurry to ask for orders. Cotton is higher, being now quoted at 48d.

Bonnay being quoted to-day at the hitherto unknown figure of 224. This decline wot only Puts all chance of forward business at.

one {udian Yarn trate has received a severe shock during the week owing to the disastrous decline in exchange, the rate on Fatare optices gut of the question, but will give serious trouble to the buyers who have, as is customary sew eececes exchange against Spinning Me ores ast themselves. In the meantime this movement of exchange is attracting attentox rer eke Local Cotton ature contracts, Already many of the leading importers have closed their books and decline to Into no any offers until tatters in Spinning Mills, which are rapidly approaching completion.

Grey Shirtings—8.4-Ibs.—Business reported amounts to about 7,000 pieces, the bulk of which being re-sales among Cuxese, Importers Zale E187}, Blue Dog 1.924, 2 Peacock ¥1.96, Flower $2.07, Bee Hire $210 and Green & Oldane Bo ce Auction prices still ery Tittle enquiry at, anything like reasonable prices.' The following quotations are punished Gee Feather £1.86, Lion on tend to go lower.

Light Weight last week.

—There is again no business to report privately, while prices at auction with one exception are much the same as at Auction are rather stronger, A few. re-sales are reported among dealers as follows:—Gold 3 Fish $2.17, Godown $2.45 and Rabbit and 36-1 3.40 and 83.473, We have not heart of any private business but re-sales of Man and Gun and Soldier DDD are announced at Auction prices are better, some showing an advance of nine pointe.

White Shirtings.—Sales of Green Cock at $2.10, Blue reported but it is more than probable that they are all res rates, coly a few lots going at lowes prices, Blue Cock at $2434 and Blue Stay (Taiwo) at 2.45 are ty of the goods sold at Auction brought rather better 'TOloths.—English.—Only a small lot of 7-bs. Pagoda is reported sold at '£1.33, and we have not heard of anything having been done among dealers, while at Auction prices are rather lower. and Yellow Lion at $1.23, Red Dragon and Tice Boys at 1.574 and 1.274, and Lily Flower at TI ae the close there is still some Txp1as makes a. considerable business has been done, about 9,000 pieces changing hands in the followin chops:—~Gold Eagle enquiry, but holders owing to the fall in exchange have withdrawa from the market: Drills.—English.—Nothing to report in these or INp1ax makes.

Sheotinigs.—English There has been slight enquiry for these privately but as far as we know no business has resulted. Prices at Auction are much the same as last week.

American Drills and Sheetings.—There has been some demand for these from the Tiyrsts and Suastoxe merchants and some inforniation. About 4 000 pieces Drills are reported sold on the basis of $3.24 for Fox Head ana $A9" ti, who chop while the latter tales ure anid to have been made but us the transactions have practically been confined to CHINESE it ko weal ce get any reliable chop in Sheetings have been dealt in to a small extent at $3.27}. Clearances of the chops wanted are fairly good, Teans.—A small sula of Beaver J Lion is reported at $2.05. Prices at Auction are about two points lower.

English.—We have nothing to report under this heading. egltgg from the market until matters become more settled. During the interval sales to the amount of Ode bier sree of which Indian.—Buying continued for a few days after the close of last mai, but on the collapse in exchange being known Importers thine estimating it as high as 5,000 bales, among the Cursesé brokers, but we have not had this confirmed, The cther outports besides sare taken by the Tiexrsis and Newouwaxc merchants. Besides the above a large business is suid to bao toc done, the above mentioned have been very quiet. The sales announced are No. 6s., 9 bales.—Leopold ¥55.00. and James Greaves £60.25/60.50, Tea Carrier $61.00 and Currimbhoy, Ring, $63.00, No. Ao." 714 bales. -Kaisar-i-Hind, New Chop, '€59.00, Hongkong ALill 50.75, Indo-China ¥60.00, Imperial 60.25, Empress No. 12s., 60 bales.—Currimbhoy, Male, $63.75.

Pair, Mule, '$88.00/68.50, Britannia, Ring, and Currimbicy, Mule, 68.50.

Neos oe pales Indo-China and Jageralli $85.00, Western India, Pony Carriage '05.75/66.00, James Grenies 767.00, of No. 20s., 60 bales.—Jubilee, Ring, $33.75/13.25, There have been no arrivals during the week and unsold stocks are now estimated at about 20,000 bales.

Fancy Goods.—In this department business has been very quiet. A few small indents for special goods may have been entered for which show a decline on previous rates. delivery but nevertheless enquiry is of the most trif_ing nature. Some Veleets and Veloctorns were disposed of ye Aeros at prices Woollens.—No sales are reported from fit hands, while the dealings among dealers are of quite a retail nature, At the Auctions Pager again. The market, however, cannot be termed firm for them. Spanish Stripes are lower, also' Long Who td Lastings, the Garnlets in the earlier part of the week went at lower prices, some special colors alone bringing improved rates but to-day they are latter showing a most pronounced fall, Metal and Misceliancous.—Krom Mesers. Alex. Bielfeld & Co.'s report of 13th November.—As we have stated before the stocks on That feet the Ligh taees of the Chinese money market, has preventd any business during the past week. We sec. by nve Sense reports. Thin satter early in October, and it was confidently predicted that the election of Mr. McKioley would case a toon these lines. what ite Tron end Stee! markets both show an upward tendency, and great confidence is felt for the future. The Aeeghio™ demand prevents natives from purchasing beyond immediate demand.

should mean a good thing for present holdes, as stocks cannot be replenished at present reten, At the some god high interest advances, their excuse being that they already carry too heavy stocks, see their way clear to grant farther ince, this is likely to For de cee Practically at standstill during the period under review, and, until the banks, which now refuse to rant Exronrs on the other hand have been brisk and show signs of still farther improvement.

Leap.—The only business done has been for 200 tous L B., at £12.7.6, cif.

591200 toms Old Horse-shoes, 7,000 tons Steel Plate Cutting, 1,000 tous Cart Tyres, 1,000' tons Cobble Wise Son fea heiee anere ihave been no transactions in these goods. The stocks at present on hand, as near as we can judge, 8 Soxpnits.—In this line also swe have no business te report, LarTen Paes, with 6,000 boxes plain and'1,200 boxes decasted in raph Wire, 1,000 tons Boiler Plates, 300 tons Boiler Tubes, 200 tons Railway Spikes, 500 tons ae Coe ing. stocks, no transactions whatever, have taken place. Inox Wine is the same, the arock being 3,00 coaks epet,'and coact Sapp setae The stock of Wixpow Gxass is 22,000 cases, and this, without the usual demand. is causing decidedly demerit tendency. The Fancy Buttons at 352.50, 6,000 dozen Huck Towels, 1613 at $0.30, 100 doz-n Joker Clocks at $17.00 "to steve og cases, each 50 gross, Fancy Buttons (Ivory top) at £0.50. following has been done, during the week;—10,000 cases Window Glass 7/8 e.i.t., 3,000 cases ditto, YflU Git, BD coer op gross, Korosgne Oil.—Very little business is doing, and there is no particular change to report, there are some forward sellers at 1.60 to. £1.65 per case.

Opium,—Closing quotations:—Malwa (new) 577/580, (old) £616/630.

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

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