The Archive · 1900

SHANGHAI, gtH MAY, 1900

COMMERCIAL INTELLIGENCE

(From Messrs. Noid, Murray & Ca. ous Trade Report of Sth May.) PISCO GOODS.—There is very little to advise in our market he past week, which has been greatly broker o by the Race holidays, but ne ymptons about that point to a better feeling all round. This is chiefly shown in the decided movement that has been made by the Newcuwaxe dealers entering the market for American Piece Goods and it is roughly estimated that about two hundred thousand pieces of Drills ant Shu Importers however have not participa ed to uny extent in this movement, the sales to a great measure having been holders who are realizing the goods paid for some are much better, the goods are going more freely into consumption and there is a general improved tone in enquiry. Favorable advices time ago. It is said the larger portion of the sales have been made for immediate payment. The reports from the Trextsix_ markets have also been received from the Rrver Poxrs, bat nothing of interest has been come from N PO.

In Baglish goods there is little to report from first hands except that the heavier makes of ey Shirtings are apparently receiving more attention and that prices at the Auctions are rather better all round. 5 The Home markets continue firm with a slight tendency to easier prices but even this slight movement is of little use to importers fas rates are still far above the parity here. We have heard of no change in the price of Cotton. The Export is smaller again being only 29 million yards of Plain Cottons for last month while the Yarn shipments were 300 bales to Honukonys and 2,500 bales to Japan; no Yarn being shipped to Shanshai. From New York we learn that the market there is steady but quiet with a tendency to easier rates owing to there being little or no enquiry from the home consumers.

"tore fslitle to say about the Yarn market, local spinnings being little asked for while enquiry for Indian counts remains much the same.

Grey Shirtings.—Business in these goods is very slack, but there has been rather more enquiry and an improved demand is looked for, Only one sula of 8 pers in the book, that being Blue Crab at $2.20, but the heavier makes have received more attention and we hear of several lines having been put through in 1u-Ibs, at prices in the avighbouthood of £2.99 per piece. In Light Weights and J21b. 36-inch goods we have not heard of any private business. Prices at Auction ure very firm, those for some qualities of 8 4-Ibs, being particularly so.

White Shirtings.—Nothing reported privately under this heading while the sales at Auction again show a general decline, P-Cloths.—We have not heard of any sales from importers. Prices at Auction for the lighter goods are irregular, but those for the heavier makes are rather firmer.

Jeans.—Nothing "appears under this heading except a few sales at Auction where prices are more than maintained.

Drills and "heetings.—Beyond a few sales at Auction there has been nothing done, but a considerable movement has taken place in American makes, but "s the greater portion of the transactiov.s have been sales by Chinese holders it is difficult to vet any reliable quotations bat the following a'0 vot far wrong, Drills, Pueymont R74 not Pacolet $3.30 avd Pico Cats Head R48, Sheetings Hnpleton Lion ¥3.50, Pacolet 3.45 Clifton CCC T3335 Pelzer AT3324, Clifton CCC T3.80, It is estimated that ubout 200,000 piceos have been dealt in altogether and the bulk of them have been bought for Newchwang, only a small portion, bought towards the Close of the week, having been taken by the Tientsin dealers.

Fancy Goods.—This market seems to be at a standstill and we have not heard of a single transaction. Prices at auction again hal a tendency to go lower.

Woollens.—'The weeks' business has once more been confined to the auctions, Prices for Camlets in the earlier part fof the week were ola better but declined again at the latter sales. Long Els and Lastings are lower but the fall in prices is more marked in Spanish Stripes which do not seem to have been much wanted.

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

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