The hi weekly market report of the Hongkong General Chamber of Commerce shows a rather cheerless outlook. The Cotton Piece Goods and Fancy Cotton Goods give no sign of improverient, and no sales of any large scale are reported. Orders of these goods become difficult on account of the fall in exchange. Deliveries "still remain relatively poor) For example Sakel has advanced to 16.80d while Mid. Am.
"Spot" has declined to 9.904.
'A limited business in cotton yarn has been transacted at reduced prices of $2 to $3 per bale. Market is quiet. Nominal quotations are as follows, No, 198, $160/170. No. 125. $165,180. No, 16s. $180- 20s, $190195 Arrivals 1,~ ment Nil. Unsold stock 7,500 bales. Bargains 2,400 bales.
There is very little mand in woollens, and no sale i reported of raw cotton.
The metal market is very quiet.
600,000 sacks of flour are stored with quiet market. Quotations are as follows:—American Patent $1.- 80 per sack; American Straight $8.65 par sack; American Cur Of $3.55 per sack: Australian No. 1, $3.58 per sack; Canadian Cut-off $2.15 per sack.
Local stocks of window glass are plentiful. As to sugar, market is dull, 12000 bags of saltpetre are stocked. Owing to unexpected drop in Rupee exchange, ready and forward transactions are checked.
Larze Seizure of Arms sensation wus created in the harbour when detectives in a motor-boat rushed to a sampan with two coolies on board who, as they saw the approach of the officers of the Iw, attempted to throw firearms and ammunition overboard. Ir appeared that—the coolies had unloaded from steamer lying in mid-stream six Mauser pistols, 19 magazines, 380 clips and 4680 rounds er ammatinitions. The boat was hired in order to convey the illicit goods ashore. The men were charged before a police magistrate, who sentenced the first defendant to four years' imprisonment with hued labour, and the se-int to three years with of $1,030,000 is left, ram. widow, of 7 West Probate was granted to her executor. According to her will, she bequested her large fort tine to members of her family but there was also a gift of about $50,000 to es-a hospital in the the relief of the poor and si per-cons, The Hongkong Volunteer Defence Corps is contemplating to cuss the best method of combining maximum strength with least inter ference in business requirement. The Corps rendered excellent service in the height of the strike last July, when all members were called out to preserve the order and safety of the Colony.
Text read from the printed page and cleaned; old type leaves the occasional error.