The Archive · 1900

COMMERCIAL INTELLIGENCE (From Messrs. Noel, Murray & Ca. Piece Goods Trude Report ey 19th May.)

PIECE GOODS.—The signs of improvement mentioned in our last have developed during the interval. into quite a brisk domnnd for most descriptions of Cotton Gols. There is no doubt, that so far as ENGutsit makes are concerned, the business put through has been somewhat forced by large holders, and the goods have not yet been cleareil to met I but the dealers fully realise the bargains they are picking up aod are quite willing to hold for the enquiry to come centres. Thie will not be until after the next great settling day is past, the fifth of the fifth moon, namely the I-t proximo, when it is expzeted there will be a more general request for gos. At present the Tu: Ntsts men are the principal operators, the much more favourable conditions now prevailing in the North as regards the weather encouraging them to buy with some freedom. Asentcas makes have been favoured With their chief attention, with the result that a large Dusiness has gone through, both from stock and for near arrival, while to meet the requirements of the Autamn trade purchases have been made in the Statrs to a considerable extent, but mostly in. Drills, which are undoubtedly in short supply. Manufrcturers have made no trouble in selling at a few points over prices ruling here for shipment during July, August and September and further offers are still pen he ready selling privately has been rather adversely reflected by the Auctions, there being a decidedly weak strain observable in many of the sales this week, for which the early approach of the settling day may sufficiently account. Wo silens continue tu keep disappointingly low at Auction, while privately it appears to be impossible to trade in them at all.

"The Maxcuesten market is in somewhat of a mixed state, the majority of manufacturers still having their hands full of orders and are therefore unwilling to consider fresh business, while others are inclined to take orders, even though they leave little or no margin, just to keep their Milly going. 'The supply, however, is I means running short, ths exports for the past fortnight amounting to twenty-one million yards of Plain' Cottons, it is difficult to see how it can keep at these big figures auch longer. The quotation for Cotton in Livexvoot is weakening, being to-day 54d.

With the demand from this side the market in New York is naturally firmer than it was, and considerable purchases of both Drills, Jeans and Sheetings have taken place during the interval at prices that will require a fair advance here to cover cost.

Grey Sbirtings.—s.4-lhs.—At last we are able once more to advise a respectable amount of business in these goolls, the sales reported $2.74, Ancient Relics £2.30, Ked Camel, Eayle ant Bell and Scale £2 ud Gold 2 toys 3 Blue Drsvon aad Spur Gaming to fully 80,000 pieces, the following Using som, of the quotations:—Red 6 Women £2.20, Rel Pheasant $3.22}, Double Eagle 752.39 less 1% Blue Bell and Blue Punch $240 less 1%, Red Tea Cadly £2.12 and Blue Drazon and 7 Children T2425 less Leva than the intrinsic value has been accepted in some cases in order to place large lines, but otherwise the market is fairly firm, though at Auction the tendency was certainly easier for all but the finest makes.

Heavy Weights.—The sales of these descriptions amount to fully 50,009 preces, as follows:—IWater Goat No. 1000 Light Weights—the Auction prices show a slightly easier market.

Britannia FE '$2.65, Bayle PPP Dragon Lamp '$3.12, Blue 3 men $3.15, Black Man ¥3 Blue Dragon and % Ole Men 3.33, Blue Tiger and Piy's Head £3,424, and l4-lbs, One Bear £3.80. Though not she ing avy mea change at Auction the tendency was rather in favour of the buyers '12-lbs, 36-inch.—The enquiry for these goods has not been very brisk and we only hear of two transactions, namely 11,100 pieces Crocodile $3.6) and Indian Chief $3.99. At Auction prices were steady to fin White Shirtings—The market is exceedingly dull for these goo's and little or no enquiry has been noticeable. Fine makes of soft finish seem to be the most depressed, but as a matter of fact we have not heard of a sing ¢ transaction of any kind beyond the Auctions, which went irregularly, though prices were mostly lower. {P-Cloths,—These also have been a blank privately, the small lots at Auction being slightly lower on the whole, Jeans.—An order for 20.00) pieces American went through ju-t after writing our last at a sterling price, the equivalent being about "£2.85 for 30 yard and £3.80 for 49 yaid makes, half of each being the terms of contract, Drills.—Zugish.—Owing to the scarcity of American some attention is being paid to these makes, and sales have been mide at good prices comparatively, some, 6,000 pieces being reported as follows:—F/ying Horse at ¥3.40 and Crocodile ut 3.95, the former to arrives A sale of Dutch is published, namely, 3,000 pieces Drayon at £3.30.

Axanicax.—The business reported from first hades only amounts to 30.85) pieces, available cargo being searce. The quotations published are as follows:—Cock's Head and Small Bufalo Hour $3.5), Blue Stag $3 55 net, Cameron 2 Rabbit $3.57}, Blue Buffalo lighthouse and Loot Cock £3.60, Massachusets $3.70 and Pepperell $3.75. The market closes firm. Upwards of 20,000 bales are sai have been settled in New Youk for this market.

Sheetings.—In Escrist makes no private transactions are mentioned, but in Ameaicay upwards of 159,000 pieces must have been "akenivom first hands mostly from stock, as follows:—12-lhe, Ned' Cock: £3.05, 14 ths. Blue Elephant £3.19, to arrive, Tron Man $3.20, Red Pigeon 3.25, Clifton COE ¥3.525/3.35, Phenix B 2 Pigeon E3.371, Small Buflulo Heat anid Cock's Heal ¥3.50, Cameron, 2 Rabbit $3.55, Blue Bufalo, Boot AUantic Tiger No. 1 £3.60, Blue Stag E3.60 net, Massachusets Horse £3.70, Out and' Indian Head '£3.90, proportion. A fair quantity have been settled in New York for the Autunin trade, but not so much as in Drills.

Fancy Goods.—Quietness reigns supreme in this department and hohers apseer to be getting a bit anxious, A few small indents for peel things have been booked, but fur stock cargo the enquiry is absolutely dead. A small lot of Turkey Reds, some 15 cases, have Deen taken at previous rates.

Woollens.—\With the exception of Casicrs, which are still very weak, prices at Auction have improvei somewhat, CAMLETS are most Rnaceotntably depressed, and comparing the prices realised for SSG with the previous sale on 12th April there is a drop of full", half' a tact and the tendency is still downwards. Lox Exts and Lastixes are both slightly firmer, but there is a decide recovery ly Srasisu Srurers of two to three candareens per yard.

Cotton Yarn. 14x—Onr market has undergone some fluctuation during the interval, but at the closed is steady v', ig! often Yarn. it a tael for No. 20s. The former count has been fairly well distributed between the Northern Brjcta. aod Ligher foe markets, but the No. 20s. are all for the latter. The Settlements amount to 3.832 Bales, as follows NO, oe, 2,362 bales—indostan F64,00/64.50, Madowjee Dharamse 64.73, Wedern India, Dragon and Brag, Star of India, Ring, 66,70 bales—Aohingor ZOL.OD and Leopold $6130, Atipon, Mule'and Star of India, Mule 69.00, Chine and Hongkony Mill £65.00,65.50, Lord Keay ant Peer instar of India, Ring Hine aga. 25/6575, Indo-Chine ¥63,50/65.25, Vithaldas Copoldas. Woman $66.00, Jubilee, Wing 66.25/60 50, #8. D. Saswoon's 3 Jos Tnprvial and Ava lo-Indian Mule €66. I, Saraswati $66.75, Empress and James Greaves $57.25, Connaught $67.50, Te:

FOE 10/08.50, Pabaney, Ting F67.75/68 25, Howard at Bullorgh ¥69.00/69.5), Jumshed, Rir, g $69.75, Sorab and. Seadeshs and Malakchami, 5 Old Men (Red Ticket) ¥75.50/75.13, Naraajes ¥75.50/76.0, Pabaucy, Mule and Gold ie Hewes No. 20s,) 1,150 bales—Star of India, Ring $75.09, Malatshami, 5 Old Men, (Blue Ticket) ¥75.50, Vithaldas Copoldas, Wo No, 2%, SO ales—Fiskmonser T7230. a tatstanis 5 Old Aen, (Blue Tib Fnpental £16.25, Hope Milt $76.25/76.50, Britannia, Ring, China and James Greaves 77 00.

The s.s. Socotra brought up 543 bales only.

gat S tua No. 20s, £77-00/78.00, shoving a decline of about half a tael. 7 eat leat selling $4 follow zo. OG, xpse.—These Spinning are slightly easier, the 1,200 bales that have changed hands since our last selling iene

Locat.—'The Sales reported to have been made-by the Mills amount in all to 1,675 bales as follows:—Bico No. 10s. '$67.50 for Bogle and '$90,55 for Dragon, No. 12s. $72.50 and No. 16s; £75,50, Soychce No. 14s, £73.90, International do. ¥17,00 and Laow Kung Afow Nov 10s. 870.30 for Mandarin and $68.50 for Kylin.

Wes les are reselling as follows:—No. 12s. '69.00/72.50, Nor 14s. ¥71.50/74.90 and No. 16s. 73.00/75.50, being practically the same as before. net, Ordinary Shanghai cargo has been bought at £16.89. ought $00 bales during the interval at $18.20 Cortox.—Best steam machine ginned is quoted at F1S.00 net. One of the mille bought $00 bales during the i

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

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