November 7, 1895.]
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mainstay of the trade there formerly, greatly hampering business. The demand from our nearer dependencies is probably best shown by the results of this morning's auction, from which it will be seen importers have little to con- gratulate themselves upon, the indication being decidedly weaker. Forward business has been confined almost entirely to Fancy Cottons for the spring trade, the Manchester market for plain goods keeping too high to admit of much being done in them, altho: gh certain of the best makes, that were quite out of reach before, are said to be obtainable on more reasonable terma. Cotton has advanced to 44d. The markets in the States are slightly easier and business is pending on rather a lower basis than practicable for some time past. Meals.-(From Mr. Alex. Bielfeld's report) 28th October:-Business since my last report has been interrupted by the Eace Holidays and in consequence there is very little to report. Metals-200 tons Australian are reported as sold, and importers are now quoting Australian Tla. 5.10; L.B. Tls. 5.25. Leid.--Nailrods con- linue to meet with no demand, although home rates are well maintained. 200 tons Redcar Pig Iron has been contracted for. Enquiries are beginning to be made for Yellow Metal and Cop- per Sheathing. Tinplates are also in fair de wand. Contracts have been placed for Metals, are being well maintained at home and there is some indication that further advances may te effected. Scrap and Old Material,-Dealers have been buying steadily, but without any unhealthy excitement. The only sales reported are the following, at auction :-350 piculs Guide Rope at Tls. 2.04, 150 piculs obbles at Tls. 1.32), 70 piculs Railway Spikes at Tls. 0.82), 460 piculs Ship Plates at Tls. 1.12, 820 piculs Angle Iron at Tls. 0.85, 1,215 piculs Wire Rope at Tls. 1.12), 750 piculs New Cobbles at Tls. 1.70, 175 piculs Scotch Nailrods at Tls. 2.45.
CHINA OVERLAND TRADE REPORT.
Closing quotations are as follow:--
COMPANY.
Bell's Asbestos E. A... Foun Shares..
Brown & Co, H. G.... Campbell, Moore & Co. Carmichael & Co. ....... China Sugar ...... Chinese Loan '86 E..... Tls. 250 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
Credits, 60 days' sight
ON BOMBAY
Telegraphic Transfer. Bank, on demand..
ON CALCUTTA.
Telegraphio Transfer. Bank, on demand.
Private, 30 days' sight..
.55
.191
Bank Bille, on demand.
2/27
PAID UP.
Banks-
Hongkong & S’hail. China & Japan, prf. Do. ordinary
QUOTATIONS.
buyers $125 184 p. ct. prem.,
Bank Bills, at 30 days' sight
Bank Bills, at 4 months' sight...2/2.
Credits, at 4 months' sight
2/24
pominal
Documentary Bills, 4months'sight 2/3
£1
hominal
ON PARIS.-
Do. deferred
£1.
£1.10, buyers
1
Natl. Bank of China B. Shares
Bank Bills, on demand
2.77
£8
$30, sellers
Credits, at 4 months' sight
.2.83
ON GERMANY.----
£1
$105
155. $10
On demand
2.24
$50
$9
ON NEW YORK:-
$10
$2, buyers
Bank Bills, on demand
.534.
$20 $100
$20, sellers
$103
10 p. ct. prem.
$5
$1
1911
$10
$10, sales & sellers
$20
$21, sellers
.191
$55
$16, sales
..1911
$12
$7
ON SHANGHAI.-
$50
$38
Bank, at sight
72$
£10
$100, buyers
$8❘ $6.60
.731
ON YOKOHAMA.-
$100
$90
On demand
$50
$172, sales
.par.
$50
$97, sellers
ON MANILA.
$50
$48, sellers
On demand
.4% pm.
$50
$150, sales & sellers
ON SINGAPORE.—-
$125
138 p. et. prem,
.par.
[seller
SOVEREIGNS, Bank's Buying Rate
.88.93
$50
$190, sellers
47.52
$50
$91, sales
$25
$75, sellers [sellers
$50
$257,
sales &
£25
Tls. 226, sellers
$20
| $254, sellers
$25
$2021, ex div sellers
$60
$119
H. Land Investment.
$50
$68), sales
Humphreys Estate...
$10
$9 75, sellers
Kowloon Land & B.
$30
$17, sellers
West Point Building
$40
$191, buyers
We
Luzon Sugar.
$100
$61
Mining--
Charbonnages
Fes. 500
$80, sellers
$
$3, sellers
$3
$24, sales & sellers
$4
$5 sellers
H
$1.70, sales
13s. 10d.
$41, sales
$50
£5
$50
JOINT STOCK SHARES. HONGKONG, 6th November.-The market has continued to rule dull and business slack. have nothing of importance to report.
BANKS.-Hongkong and Shanghais during the early part of the week ruled weak and un- steady in sympathy with London rates and on account of the clouds in the political horizon. Later, however, with a small demand and no sellers rates rose to 184 per cent. prem. with small sales at that, 182, and 183; market closes firmer at 184 per cent. prem., buyers. Nationals have receded to $30. Bank of China deferred shares are enquired for in a small way at £1 10s.
MARINE INSURANCES.-All Marines have ruled weak and beyond a small sale of China Traders at $75 we have no business to report.
FIRE INSURANCES.-Hongkongs in the early part of the week continued at $2524 with sellers, and eventually changed hands at $250. Later, however, with a persistent demand from the North for small lots, the rate rose with sales at $255 to $2574, at which rate shares are obtain able. Chinas have found further buyers up North at $91 and close steady at that rate.
SHIPPING. Hongkong, Canton, and Macaos have been dealt in to a small extent at $35, $354, and $36, closing with sellers at latter rate. Douglas's have again changed hands at $691 cash and at $70 for end of the month. Indo- Chinas have found further buyers up North at $58. China-Manilas have advanced to $68 cash with sales at that and at $69 for 31st December. REFINERIES.-Neglected. No business to
report.
MINING.-Small sales of Punjoms at $5 and of Balmorals at $2 is all we have to report. The market is dull.
DOCKS, WHARFS, AND GODOWNS.-Hong kong and Whampoa Docks with the safe arrival of the Belgic in port have ruled strong and a fair number of shares have changed hands at 135, 136, 137, and 138 per cent prem. for cash, market closing steady at latter rate. No other business to report under this heading.
LANDS, HOTELS, AND BUILDINGS.--Lands have changed hands at $69 and $68, closing steady at latter rate. Other stock under this heading has ruled neglected.
MISCELLANEOUS.-Green Islands have been in some demand at $16 and $16%, with sales at those rates. Watsons have changed hands at $12.85 and $12.75, closing at latter rate with probable buyers. Ropes have found buyers at $150, Ices at $97, and Dairy Farms at $10 Other stocks under this heading have ruled quiet and neglected.
H. & K. Wharf & G... Hongkong Rope........ H. & W. Dočk Insurances-
Canton........ China Fire China Traders'
Hongkong Fire
North-China .... Straits ..... Union
Land and Building-
Yangtsze..
Jelebu
New Balmoral Punjom
$68, sales & sellers
£2.10
$694, sales & sellers
Do. (Preference). Raubs...... Seamship Coys |
China and Manila China Shippers Douglas S. S. Co. H., Cantod and M... Indo-China S. N. Wanchai Wareh'se Co. Watson & Co., A. §. .....1
$12.75, buyers CHATER & VERNON, Share Brokers.
$20 £10
30, sales & sellers
$58, seller
837)
$421, sellers
$10
On demand
GOLD LEAF, 100 fine, per tael
TONNAGE.
HONGKONG, 6th November.-Since last repórt there has been but little demand coastwise.
From Saigon to Hongkong there is no demand, the rate being nominally 10 cents per picul.
From Bangkok to this, rates early in the fortnight advanced to 22 and 17 cents, but at the close there is no demand and 13 cents outside and 18 cents inside the bar is quoted.
Newchwang to Canton there is no demand. Several charters have been cancelled by charterers compeu- sating owners.
Japan coal freights to Hongkong remain firm at $1.40 per ton. Two small carriers were fixed in. Shanghai for this voyage at $1.30 per ton.
Java to Hongkong. The demand is slight at about 20 to 21 dents per picul.
A sailer has been taken to load hence for New York at about 17s. per ton of 40 cubic feet. The American ship Wandering Jew, 1,650 tons, for New York, when nearly loaded caught fire in this harbour, was scuttled, and cargo almost all damaged. The extent of damage to ship is not yet ascertained.
There are no disengaged vessels in port.
The following are the settlements:-
W. H. Talbot-American schooner, 743 tons, hence to San Francisco, private terms.
John R. Kelly-American ship, 2,255 tons, hence to New York, private terms.
Romulus-German steamer, 1,722 tons, three ports Java to Hongkong, private terms.
$650 in full; thence to Iloilo, Manila, and Hong- Saint Louis-French steamer, 816 tons, to Saigon,
Tordenskjold+Norwegian steamer, 904 tons, Moji to Hongkong, $1.30 per ton.
Benvenue-British steamer, 1,468 tons, Moji to Hongkong, $1.40 per ton.
monthly, 4 months, $3,850 per month.
Jacob Diedericksen-German steamer, 712-tons,
Jacob Diedericksen-German steamer, 712- tons, monthly, 8 months, private terms.
Amur-British steamer, 569 tons, monthly, 44 months (re-charter), $4,700 per month.
710 tons,
SHANGHAI, 5th November :-(From Messi8. J. P. Bisset & Co's Report.)-The Race holidays have sympathy with Hongkong, is quiet. Banks.— interferred with busin ss. The market. io Hongkong and Shanghai Banking Corporation Shares were placed from Hongkong at 188 and from local holders at 187 per cent premium.kong, 35 cents per picul. Shares are offering at the close. Our latest quota- tion from Hongkong is sellers at 186 per cent. premium. The London quotation is £40. Na- tional Bank shares were offering, in Hongkong, at $3.50. Bank of China and Japan.-Deferred shares are wanted at £2. No business can be done in Ordinary shures, so long as they are not transferable. Slipping.-Shanghai Tug Boat shares are offering. Indo-China S. N. shares are off ring at Tls. 43. Docks.-Slibres in Boyd & Co. Traders shares changed hands at $74, and Unions were sold at Tls. 190. Marine Insurance China
at $215. Straits shares were placed and are offers $190, ex dividend. Fire In urauce.-Hongkong, ing at $26 for December. We quote Cantons
were purchased, from Hongkong, at $255, and Chinas at $91. These are wanted. Cargo Boats.- Shanghai Cargo Boat shares were placed at Tls 200. Miscellaneous.-Business has been confined to Cotton Mill shares. Ewo aliares, with Tis. 50 raid up, have been sold at T1-, 45 and Tls. 44, and Laou-kung-mow shares at Tis. 22.50. Sugar Refiding shares are offering, in Hongkong, at $103. Shangbai Land Investment shares are wanted at Tls. 42, Shanghai Horse Bazaar shares at Tls. 50.50 and Major Brothers shares at Tls. 30. Loans. The Shanghai Waterworks Co. advertise Tenders will close on the 11th ljecember. the issue of Tls. 100,000 of 5 per cent. Debentures.
China
WEDNESDAY, 6th November. CLOSING QUOTATIONS.
EXCHANGE.
ON LONDON.–
Telegraphic Transfer
.2/21
Michael Jebsen-German steamer, monthly, 1 month, $4,700 per month. monthly, 8/4 months, private ternis.
Jacob Christiansen-Norwegian steamer, 1,107 tons,
Dopar German steamer, 1,202 tons, monthly, 3- months, private terms.
Clara-German steamer, 675 tons, mouthly, 2/1 month, $3,600 per montli.
VESSELS ON THE BERTH. For LONDON.Formosa (str.), Shanghai (str.), Pingsuey (str.) Sunda (str.). Palamed (str.).
For HAVEE-Aglaiā (str.).
For MARSEILLES.-Ernest Simons (str.). For BREKEN.Prinz Heinrich (str.). For SAN FRANCISCO.-City of Peking (str.), België (str.).
For VANCOVER.—Empress of India (str.).
For VICTORIA.Strathnevis (str.).
For PORTLAND.-Chittagong (str.).
For NEW YORK.-Wandering Jew, Engelhorn, St. James, Matterhorn, Teviotdale (str.), Brathclyce (str.).
For AUSTRALIA.Taiyuan (str.).