142
The P. & O. stenner Aden, Hongkong to Lon- don, 6th February, took :-4,705 bales Hemp, 2 cses Minerals. 31 cases Cigars, 2 cases Silk Piece tids. 50 bales Waste Silk, 43 cases Blackwood ware, 10 cases Gongs, 512 packages Canes, 38 cases Chinawar, 243 rolls Matting, 500 enses Preserves, and 47 packages Sundries; for France-2 cases Silk Piece Good-; for Buenos Ayres-650 jackiges Tea, for New York :-G Cases Sundries
OPIUM.
HONGKONG, Izth February.-Bengal.-Prices have further advanc»l owing to strengthening advices from India, and current rates are $812) for New Patua, $820 for Old Patna, $790 for New Benares, and $815 for Old Benares.
Malwa.-Owing to an improvement in the de. and there has been an advance in the rates forthis drug, latest quotations for which stand as under:-
New
.$760 with allowance to 1} eatty .$770
to 14 Persian. The market continues dull and prices are unchanged, Paper-wrapped being quoted at 8700 to $765 and Oily at $630 to $670 according to quality.
Old
To-day's stocks are estimated as under :--- New Patua
Old Patna
New Benares
Old Benares
Malwa
Persian
410 chests
.1,330 580 480
390 .1,410
COURSE OF THE HONGKONG OPICH MARKET.
MALWA
*
JU
PATNA.
BENARES.
DATE.
New.
Old. New.
Old.
New. Old.
1896.
$
# $
$
Feb. 5
785
.7971 765 7924
760
$ 770
Feb. ส
785
7974 765 7921
760
770
Feb.
7
Feb. 8
7971 765 {{{} 810 775 800 Feb. 9
803
415 785 810 Feb. 10 S07 817 790 810 Feb. 11 S12 $20 790 815 Feb. 12 *12) 20 790 815
7921
760
770
760 770 760 770 760 770 тво
770 760 770
COTTON. HONGKONG, 29th
January. The
price of Bengal has given way by about 50 cents per picul. Ningpo remains the same. Stocks: Bengal, 2,000 bales; Ningpo, 300 bales.
Bombay Kurrachee
Bengal, Fangoon, and
Dacca,
Shanghai and Japanese..
$15.00 to 18.00 p. pl.
15.00 to 18.00
16.50 to 18.50
20.06 to 21.50
1.00 to 18.50
Tungchow and Xingpo.. 21.2016 21.40
Madras
+
Sales: 450 bales Bengal, Rangoon and Dacca 150 bales Tungehow and Ningpo.
RIV
THE HONGKONG WEEKLY PRESS AND
lus.
Hoxoxoxo, 12th February.-Large arrivals have come forward and prices are lower ing quotations are :—
Saigon, Ondina::
Board, good quality
Leng
́am, 1'5-94, mdi cleaned. No. 2 ..
<arden.
Siam, White
Fine Carg
COALS.
No 1
|
Large Eigi at $5 20, 308 picera 11 Is. Prato-k at 38 75. Turkey Hels.—7) pieces là lbs. Man- darin at $1.35. Spanish Stripes,-12) pieco- 3 Fish assorted at $0.92).
METAL. --Tin.-20 slabs.Siam at $5.30, 100; slabs Foongeimi at $34.25. Quicksilver- flasks at $117.
SHANGHAI, 6th February.-(From Mi. Geo, W. Noël's report.)-There is very little of interest to report, all demand for current requirements being practically finished as mentioned last week, and the enquiry for forward delivery is on the want. A few transactions for near arrival were concluded early in the interval, amongst which 12-lbs. Shirtings continue to hold a prominent position, and these, White Shirtings and 36-inch Mexicans have also been indented for to a moderate extent, otherwise, beyond the auctions, there is next to nothing doing in Piece Goods, but the activity still displayed in Indian Yarns promises well for a brisk trade generally at the commencement of the new season, That a strong enquiry will set in as soon as business is resumed is almost assured, the Tientsin merchants having bought compar- atively little yet, not liking the prices demanded by holders here. They are seeing the uselessuess of delaying any longer, however, and are said to have raised their offers lately two to three per ceut., but that is only looked upon as a preliminary advance by the dealers, who evidently have the reins in their own banda. Steady prices bare ben maintained at auction for Cottons generally, and for Woollens a slight improvement is visible, for all Spanish Stripes. Most, if not all, of the auctions will be suspended next week. Advices from Manchester this week, as regards the market, have been rather meagre; perhaps it as thought better not to say too much about it in face of the enamous export last month, which Is certainly staggerer, although somewhat anticipated after the news of the first fortnight's slaapments had been received. The figures are 67,000,000 yards of plain cottons to Hoogkong and China, by far the largest for many, many years piel. und quite puts the modest totals for the same month the last two years in the shale, namely, 26 milion yards in 1895 and 38 millions Pike shipitents of Yarn were 6,000 Lales to dig om, 1,300 bales to Hongkong, and 700, bales for the
Purchases of 2,0 0 bales Drills and shaetings Lave been advised from New York for Hlés market during the interval at sterling prices that Look fairly steady. The enquiry for Endian Yous is stil te strong, a fairly quantity being settl gain this week for dilivery about the end of the mori. Nothing has been done during mterval in Japanese Yarns, but it has transpired then aikat 100 bales of the Osaka, Huado, and Ashi Spinning Companies No. 16s. w.re contracted for about ten days ago at Tis. 72.00, and the d mand is still strong,
in 1894.
Metals and Miscelaneous-(From Mr. Alex. 1. Hold's reprt) - 7th February:The week
per pluk. $2.27 230 · P** e
2.67 to 254
Tutem at the time 2.65 2.45
2.50 / 2.5
2.75 to 2.78
3.08 to 3.10 3.22.3 28
Hosgrosa, 12th February.-No buss ported; busines, t-junded owing to China. Now Your Quotations und
Carl
MB
MIN.
Kokan Laneys...
7.59 to
es hire neuiæi 57 vs ship, neuminal. 3 75 ex ship, s'budy
fe Kota Smali.. 4481v Hongay Lamp). 7.00 to
5.29 ex
ship do
shup, momina!. 790 4 x ship, nonical, 45ex ship, uom.nal. ex ship, nomina.
MISCELLANEOUS IMPORTS.
Hosgkoyo, 12th February. --Amongst the sales reported are the fellowing
-
¦
|
[February, 13, 1896.
MARINE INSURANCES.--China Traders have changed hands at $735 and $74, closing firm with impers at $75. Straits have been negotiated at$25 and $25} and close in demand with no. sellers.
FIRE INSURANCES.—Hongkongs have chang- ed hands at $288, 8289, and $287§. closing steady at the latter rate. Chinas after further sales at $91- were negotiated at $90 and more shares could probably be obtained at that rate. Both Companies have issued their reports. The former recommends a dividend of $9.95 per share for 1894 and the latter a final one of $1 per share on account of 1894 and 83 per share on account of 1895. These reduced dividends have been accepted by shareholders with re- signation, and with hopes of better things to come in view of the working accounts of both concerns being exceptionally good for for 1895. each showing an increase in balance carried forward of over 390,000. This, combined with the friendly arrangement entered into with the home offices regarding rates, has prevented any fall in the market value of the shares, which otherwise, owing to the comparative small dividends, would have been pretty sure to have taken place. Mr. Georg in his last report com. pares the accounts of the two Companies for 1893 and 1894, so we need not go over the ground again, but in view of the fact of 1895 being the first year of the Hongkong Fire's working since the closing of the London brauch think the limited analysis that is possible of the two working accounts for 1895 as published may not be without interest.
Hongkong Fire. China Fire.
We
Total premia for 1895 less returns &e.
Proportion of du, to
Capital Running Expenses,
Charges and Commissious
Proportion of do. to prem. collected Amount carried
forward
$250,085
$248,011
62.52
62.01 %
$55.025
19,67
22.14 %
$235,666
844183
$260,712
SHIPPING-Hongkong, Canton, and Macaos have been in steady demand and a fair number have changed hands at $361, $361, $364, and $37 cash, and a few at equivalent rates on time. Donglas's have also been enquired for and sales have been effected at 85017851, and $514 cash and are wanted at time of closing at $52. Indo-Chinas are wanted up North at $58 cash and forward, but there appear to be no sellers at present rates. China and Manilas continus neglected.
at $5.10 with buyers. Raubs advanced to $4.30 after sales at $10, $4.15. and $4.20, closing at $4.10. Balmorals continue neglected. Jelebus have improved to $3 after sales at $2.85, $2.90, and $1. We have nothing further to report under this houding
MINING.--Punjoms have ruled weak with le segain passed very quietly and no improve-sales at $5.50, 85.25, and $5.15. market closing igent ca: be expected this side of the native Adidașa. Money is platiful, and Banks both tive and ja,viga. ir discouraging deposita. that the Viceroy of this b. vuquiring of several leading s wither they are willing to in the manufacture of various
DOCKS. WHARVES, AND GODOWNS.-Hong- ptacles ai prent an, died from abroad in large
kong and Whampoas have continued steady A wel. as Candles, Needles, etc. The
and small sales have been effected at 149 per f
it is thought, interfere with
cont. prem.. 1494, and 150; at time of writing Une culorțuis - will encourage them in a
Kowloon simila manner as they already do the Cotton shares are wanted in sinall lots. Spinning and Weaving. I am curious to see
Wharfs, owing to the probability of a final where the Chinese are going to get proper sup-
dividend of $1.25 share instead of $1.75 as | lies of riæ material for their canilles, and they expected. have ruled weak, and shares hayo will have to work very closely to compete with change hands at $47. 8.462, and 846, closing ste dierum n makro for the Needle trade. Sals with sellers at latter The Company seems to top reittio work are as follows:-1,000 Tinplatos į hay done as well or better than last year, but London Horseshoes private; the necessity of providing for repairs in the future hus influenced the Directors to Wanchais recommend the Smaller dividend.
1.0 101-
Hear
Jan tone Steel Piste Celtings prifate; 100 tons i Glasgow Cart Tyres private, kuns Liverpool' shoes private, 1,000 disea Bamboo Steel private, 5 remain unchanged.
JOINT STOCK SHARES. HONOKONO, 12th February.+Business con- tinues dull although stocks generally are changing hands in small luis. Rate a ruled string during the work and market closes firm all round
YARN
Basks-Hongkong and Shanghais rube{ AND PIECE GOODS.-lombay Yaru. 445 bales No. 10 at 872.50 to 76, 540 bales No. 12 | neglected during the early part of the week af at $72 to 76.50, 50 bales No. 16 at $89, 230 181, but later a small dearand setting in rates bales No. 24 at $86.50 to $UL. White Shirtings.-rose without bringing out any sellers and at 500 pieces Flower at $4.85, 1,500 pieces No. 3 at time of writing shares could probably be placed $3.30, 250 pieces D. 70 at $3.50, 250 pieces Gold at 182 per cent. prem
Bank of China and Elephant at $3.67). Drills -300 pieces 10 hs. | Nationals continue mglected.
į
per
REFINERIES-Chinas are wanted to a very limited extent at $112. Luzons continue quiet with sellers at 559.
LANDS. HOTELS. AND BUILDINGS.-Lands have continued to rule in great request and a faje number have changed hauls at $699, $70, and 71: market closes firm at latter rate. Hotels have improved to $221, after sales at S. 81, and 822. We have nothing else to report under this heading
MISCELLANEOts.-We have to report sales of Electrics at 86.75 and 86.80, Watsons at S11. Fenwicks at 8203 and $21, and a small lot of Ices at 897 ex div.