པས་ཡན ན **
818
Steel- SUNDRIIS
Quicksilver
Window Glass
Kero'ene Oil
per cwt. case
5.50 to
picul per 112.00 to
per box .3.23 to per 10-gal. case
.1.77 to
THE HONGKONG WEEKLY PRESS AND
[October 24, 1895,
buyers. Ropes have found buyers at $147) and $150, closing with buyers at latter rate. We have nothing else to report under this. heading.
Closing quotations are as follow:-
China & Japan prf.
Do. ordinary deferred
Do.
Natl. Bank of China
B. Shares
Foun. Shares...
QUOTATIONS.
Bank Bills, at 4 months' sight...2/24 Credits, at 4 months' sight Documentary Bills, 4 months' sight2/3)
.2/3
-
ON PARIS.-——
Bank Bills, on demand
.2.78
Credits, at 4 months' sight...
2,841
COMPANY.
PAID UP.
ON GERMANY
Banks-
[buyers
On demand...
.2.25
Hongkong & Shai...
$125 187 p. ct. prem.,
ON NEW YORK.-
nominal
Bank Bills, on demand
54
£1 nominal
£1 nominal
Credits, 60 days' sight....
.551
ON
BOMBAY
Telegraphic Transfer
£8 $30, sales
1931
£1 $30, sales
Bank, on demand
1934
Bell's Asbestos E. A....
158. $10
CALCUTTA.—
Brown & Co., H. G.
$50 $8, buyers
Telegraphic Transfer
.1931
Campbell, Moore & Co.
$10
$2, buyers
Bank, on demand
1933
Carmichael & Co....
$20
$20, sellers
ON
SHANGHAI.-
--
China Sugar
$100
$104, sellers
Bank, at sight
.723
Tls. 250
10 p. ct. prem.
Private, 30 days' sight
.731
$5
$1
.par.
.4% pm.
par.
SHANGHAI, 18th October.—(From Mr. Geo. W. Noël's report.)-A weaker exchange and stronger markets at the centres of production consequent on the further rise in Cotton have almost entirely put a stop to busines locally, but fortunately the deliveries continue sufficiently satisfactory to show there is no falling off in the consumptive demand. Prices in the country, however, are responding very slowly to the advances required here to cover present laid down cost, the weakness displayed in the Cottons at the auction this morning being most inexplicable, na importers are by no means inclined to press sales, and these were the only ones offered publicly this week. Unless absolutely forced to buy, the Tientsin dealers seem deter- mined to hold off as long as they can, in the vain hope of being able to get in on better terms later on, but the chance of doing that is becoming fainter and fainter every day now, and the time available very short. There is no doubt that the supplies sent to Newchwang, altho igh rather in excess of current requirements, will soon be worked off and bayers for that market will probably commence operations again in another week or ten days, to send up before the port closes for the winter. Nothing definite appears to be settled yet about the evacuation of the Peninsula by the Japanese, though it is confidently expected to take place before the end of November. The MaLommedan rebellion in Kansu is assuming serious proportions and is causing the Government a gool deal of anxiety, a great number of the 100s sent to quell the insurre-tion going over to the I bels. The movement of troops in the adjoining provinces is said to be interrupting trade to a considerable extent, which would account for the apathy dis- played by the Hankow and Szechuen de lers at pre- sent, although their season should be just setting in now.
The enquiry throughout the interval bas been very dull and holders find the greatest difficulty in raising their prices, consequently hard. ly anything has been done from stock, and much less in forward contracts, although it is rumoured that some fairly large lines in the Standard American makes of Sheetings have gone through at the close, which may account partly for the excited state that market is said to be in. Ono thing is certain, if the goods are wanted here at all they will have to be paid up for, as there is not the slightest prospect of their being any che per for some months to come.
Metals and Miscellaneous.-(From Mr. Alex. Bielfeld's report)-18th October:-Since last week there has been a little change. Generally
native metal dealers exhibit the same cautious attitude toward the continued rise of home prices. The advance of values at home continues steadily and is confined to no single branch of industry. hevival is the order of the day, and prices appear to be more likely to rise still further than fall. Lead. Stocks are reported to be 250/300 tons L.B. and 750/800 tons Australians. Prices are firm with an upward tendency. L.B. is said to be coming in largor pigs (220 lbs. about) than formerly (165/160 lbs.) No sales are ie, orted. Iron. Numerous contracts have been made with- in the last month for both old and new metals of which details are only gradually leaking out. The demand for nailrods has been fairly well dis- counted, but steadily rising values on the other side are beginning to conviure dealers that they must buy now if ever. Helgian now at 108 to 110-c.i.f. Contracts for iron, scrap, horseshoes, tyres, steel plate cuttings, and numerous other lines have been booked but not made public.
The Old Iron market at home from all accounts
is tending steadily upwards and although prices asked bave already touched a higher point than for two years no siga is shown of any weakness. On this ride, however, dealers cannot pluck up courage to venture. Some importers are reported to have bought beavily, speculating for a rise. Tinplates.-Demand is good mainly for Japan; stocks are being cleared rapidly and buyers ars again in the market for " future."
WEDNESDAY, 23rd October. CLOSING QUOTATIONS.
EXCHANGE
ON LONDON.—
Telegraphic Transfer
2/24/
Bank Bills, on demand
.2/21/
Bank Bills, at 30 days' sight.
ON
ON YOKOHAMA.—
ON MANILA.— On demand
On demand ON SINGAPORE.-
On demand
SOVEREIGNE, Bank's Buying Rate GOLD LEAF, 100 fine, per tael...
.$8.89 .47.50
JOINT STOCK SHARES. HONGKONG, 23rd October. The market has continued to rule comparatively quiet and rates in several instances show a decline. At time of writing market closes steady at quota- tions.
further declined to 187 per cent prem., after BANKS.-Hongkong and Shanghais have small sales at 188 and 1871. Nationals have been dealt in at $30 for A. and at $30 for B shares.
At
MARINE INSURANCES.-China Traders have continued in fair demand at $76 and several small sales have been effected at that rate. time of writing a salo in reported at $751. Unions have remained unchanged with no busi ness. Other Marine stocks have also ruled neglected.
FIRE INSURANCES.-Hongkongs have con. tinned weak, offers to sell at $260 meeting with Chinas have continued in good demand up no response; a small sale is reported at. $257. North and a fair number of shares have changed hands at 390 cash, 8914 for December 31st, and at 893 and $94 for March. At time of writing shares are enquired for at 5891 cash, but none seem forthcoming.
SHIPPING. Hongkong, Canton, and Macaos have somewhat recovered, a fair number of shares
having changed hands at $35 and $36 for cash; more shares are obtainable at latter rate, but buyers are willing to operate further at $35. Douglas's have changed hands at $68 and $67, closing firm at latter rate. China and Manilas have gone back to $66 after sales at $70, $69, $68, and $67. Indo Chinas have been dealt in to a limited extent at $61 and $60 cash, and at $62 and $61 for 31st December; market closes somewhat weaker at $60 cash.
MINING.-Beyond some sales of Punjoms at $5.50 and $5.75 and some Preferences at $1.60 and $1.50, we have nothing to report.
Chinese Loan '86 E. Dakin, Cruicks'k & Co. Dairy Farm Co........... Fenwick & Co., Geo. Green Island Cement... H. Brick and Cement... H. & C. Bakery Hongkong & C. Gas Hongkong Electric H. H. L. Tramways Hongkong Hotel Hongkong Ice
H. & K. Wharf & G.. Hongkong Rope.... H. & W. Dock Insurances- Canton... China Fire China Traders' Hongkong Fire North-China Straits Union Yangtaze...
Land and Building-
H. Land Investment. Humphreys Estate... Kowloon Land & B. West Point Building Luzon Sugar Mining
Charbonnages Jelebu New Balmoral Punjom
Do. (Preferelice). Raubs Steamship Coys.
China and Manila China Shippers Douglas S. S. Col H., Canton and M... Indo China S. N Wanchai Wareh'se Co. Watson & Co., A. 3
$10 $10, sellers
$25 $21, sellers $50 $16, sales & sellers $12) $7, $50 $36 ~£10 | $100, sales
$8 $6.60, sales $100 $90
$50 ($164, sales $25 $97, buyers $50 $48
$50 | $150, sales
$125 137 p. ct. prem., [sales & sellers
$50 $190, ex div.
$20 $91, buyers
$25 $75, sellers
$50 $260, sellers
£25 Tls. 227, sellers
$20 $25, sales & buyers.
$25 $215, buyers $60 $117
$50 $70, sales & sellers
$10 $9.75, sellers $30 $17, sellers
$40 $22, sellers
$100 $63, sellers
Fes. 500 $115, sellers
$5 $3, sellers $3 $3
$4 $6, sales $1 $1.50, sales
13s. 10d. $4
$50 $66, sales
£5 £2.10
$50 $67, sales
$20 $36, sales & sellers £10 | $60, sales
8371 $42), sellers $10 $13, sellers CHATER & VERNON, Share Brokers.
SHANGHAI, 18th October :-(From Messrs. J. P. Bisset & Co.'s Report.)-Business during the week has been fairly active, more especially in Shipping, Marine Insurance, and Perak Sugar shares. Banks.-Hongkong and Shanghai Bank- ing Corporation. Shares were placed early in the REFINERIES-China Sugars have again week at 192 per cent. premium, but a purchase ruled completely neglected, sellers vainly offer-bas since been made from Hongkong at 188 per ing to part at $104 an offer of one or two points cent. costing 189 per cent. premium laid down under would no doubt bring out shares. Luzons The London rate is £42. National Bank of China here. There are sellers in Hongkong at 188. have also ruled weaker, $63 failing to find shares were placed to Hongkong at $30. Ship- buyers.
pingShanghai Tug Boat shares were placed at China S. N. shares at rather irregular rates; cash Tls. 150. A large Jusiness was done in Indo-
sh..res were sold at Tls. 45, Tls. 46, and again at T. 45, for December at Tls. 46, Tls. 46), Tls. 47, and for March at Tis. 48 and Tls. 50. Cash shares are obtainable at Tls. 15. Douglas Steam- ship shares were pur based from Hongkong at $69. It appears that the directors are disposed to pay a bonus of $12 to shareholders, and maintain the capital intact. Docks. Shares in S. C. Farnham & Co. have changed hands at Tis. 181, Tls. 1821, and Tis. 180 for cash. Hongkong and Whampoa Dock shares were placed to Hong- kong at 13 and 187 per cent. premium. Boyd & Co. shares are wanted at Tis. 180. Marine Insurance.-Chind Traders shares were placed to
DOCKS, WHARFS AND GODOWNS.-Hong. kong and Whampoa Docks in the Jearly part of the week further declined with sales to 135 per cent. prem.; later, however, shares changed hands at $136 and $137, closing with sellers at latter rate. Wharfs have found buyers at $48 and $48, but at time of writing a few shares are obtainable at $48. Wanchai Godowns continue neglected at quotation.
LANDS, HOTELS, AND BUILDINGs.-Lands after further sales at $69 have improved to $70 with small sales. Shares, however, are obtain. able at the rate. We have nothing further to report under this heading.
MISCELLANEOUS.-Watsons have continued weak at $13 with sellers and no buyers; a sale is reported at $1285. Buyers are willing to come in at $12.50, but no shares are forthcoming at the rate. Browns have further advanced to $8, after sales at $1, 88, and $9, closing at $8 with
Hongkong at $75. North-Chinas were sold locally at Tis. 2271, Tis. 225, and Tis. 226. Union Insur- ance Society of Canton, Limited.-Shares have changed hands locally at $205 to $217), and have been sold to Hongkong at $210 and $2121. The closing rate is $215. Yangtzees have been sold for December at $120, for March at $124, and for April at $125 and $126. Straits have been placed