{
394
METALS
Iron-Nail Rod
Square, Flat Round Bar
Swedish Bar
Small Round Rod
per picul 3.05 to
8.00 to 3 05
THE HONGKONG WEEKLY PRÉSS AND
prices. Old Material.-300 tons Scrap Iron have been contracted for and contracts bave also been settled for Boiler Plates, Steel Plate Cuttings, Cart Tyres have been sold at Tis 1.75, ex godown, for inferior assortment.
etc.
WEDNESDAY, 6th May. CLOSING QUOTATIONS.
4.76 to
4.80
3.55 to
Hoop.
4.50 to
Old Wire Rope
8.00 to
Lead, Australian..
6.65 to
EXCHANGE
Yellow M'tal-Muntz,14/28 oz. 25.25
per case
to
ON LONDON-
Telegraphic Transfer
2/2종
Elliot's, 16/28 oz. 25.00
Japan Copper, Slabs
to 24.75 to
Bank Bills, on demand
Bank Bills, at 30 days' sight ....
Tin
35.60 to 35.75
Bank Bills, at 4 months' sight
2/2+
Tin-Plates
Credits, at 4 months' sight
2/23
per cwt. case
Steel
4.25 Lo
ON PARIS.-
Bank Bills, on demand
.2.77
per picul
Credits, at 4 months' sight.
.2.82
ON GERMANY.—
On demand..
ON NEW YORK.-
Bank Bills, on demand
SUNDRIES
Quicksilver
Window Glass
Kerosene Oil
per box
5.00 to
109.75 to
per box 3.90 to
per 10-gal. case
2.07 to
SHANGHAI, 30th April.-(From Messrs. Noël, Murray & Co.'s Piece Goods Trade report.)— The market has been quieter this week, but certainly steady, the advance that has taken place in the tates for anything for delivery in fairly reasonable time checking the demand in those makes, while the relatively higher cost of Manchester goods is curtailing-business in that direction. The money market is decidedly easier and the relief thus afforded has been clearly shown by the improvement in deliveries; it is still, however, abnormally high and copper cash remains very dear. The uative authorities are supposed to be taking steps to alleviate this stringency, but the extensive coinage operations they are said to have in contemplation make no visible progress. For current requirements the demand is still insufficient to cause the dealers to go much outside their own holdings, consequently transactions, in Manchester makes especially, have been mostly of a retail nature, but generally cover replacing cost, as holders are firm. For all Cottons, with the exception of 8.4-lbs. Shirting, prices at auction have ruled fairly steady
and these latter are the most unsatisfactory to deal with privately. Best White Shirtings are still in good request, further orders also going forward at full rates. The markets at Tientsin and Newchwang are active, but at the latter port the dealers do not seem to take kindly to the new system of cash payments which is being introduced. Stocks are not heavy, especially at the former port, and there is every promise of a brisk business in the near future. Shipments for the river ports are going on freely, which speaks well for those markets. The terrible disaster that befell the s.s. Onwo early this morn- ing at Woosung has cast a gloom over the community. She carried a fair cargo of miscel- laneous piece goods, which no doubt will have to be replaced.
Metals. (From Mr. Alex. Bielfeld's report.- 1st May:-Business has not yet improved to any extent worth commenting on; interest has ruled very high, and in consequence deliveries have been restricted; at the moment the native money market is easier, but still rates are not low enough to encourage buyers to purchase freely. Home markets remain steady, outward freights are reported as advancing all round, and from all accounts trade in Europe is prosperous and the immediate outlook good. On this side values for stock have dropped in sympathy with hard money, but as importers are not inclined to give way the fall is quite nominal and only affects those forced to place goods on the market. Natives, however, have been selling in several instances at 10 to 15 per cent. loss to realise cash, but this has not been a general movement. Lead is quoted locally at Tls. 5.15. "spot," with no- thing doing. Iron.-N.ilrods have been offered by natives at Tls. 2.35, to arrive," but without result. Makers are said to be fairly well employed and not ready to give prompt delivery. Pig Iron.-Redcar, No. 4, and also No. 3 have been sold at 59s. and 62s. 6d. respectively. Bamboo Steel-Works are fully employed and unable to take further contracts for delivery before October, so that rates may be expected to harden on this side. Copper and Yellow Metal,-25 cases Copper Sheathing, 14/32, have been sold at Tls. 24.25, and 38 cases Muntz Yellow Metal 10/32, at Tls. 20.50, both ex stock. Sales have been made in other brands of Yellow Metal during the last fortnight at various rates from Tls. 19.50 for 14/32 to Tls. 19.75 ex stock. For future arrival natives still need to come up in their ideas of
|
Documentary Bills, 4 months' sight 2/21
Credits, 60 days' sight...
ON BOMBAY.-
Telegraphic Transfer Bank, on demand ON CALCUTTA.——
Telegraphic Transfer Bank, on demand ON. SHANGHAI.—
Bank, at sight
ON
2.24
537
55
186
86
186
1861
717
Private, 30 days' sight YOKOHAMA.
.721
On demand
% pm.
161 % pm.
ON MANILA. —-
On demand
ON SINGAPORE.—
SOVEREIGNS, Bank's Buying Rate
On demand
GOLD LEAF, 100 fine, per tael.
% pm. 8.98 46.80
JOINT STOCK SHARES has ruled dull, and we have nothing of impor- HONGKONG, 6th May. The market generally
tance to report.
been on offer during the week at 185 and 184 BANKS.-Hongkong and Shanghais have
per cent. prem. without leading to business. Offers to sell on time at equivalent rates have met with no response. Nationals and Bank of Chinas continue neglected.
MARINE INSURANCES.-All Marines have ruled quiet, and beyond small sales of Unions at $215 we have no business to report. Yang- tszes have declined to $148, and North-Chinas have been freely offered at quotation without leading to business. Straits are enquired for at $28, but we have heard of no sales.
FIRE INSURANCES.-Hongkongs have gone back to $335 with sales and sellers, and Chinas, after small sales at $94, remain on offer at that ate.
SHIPPING. A fair number of Hongkong, Canton, and Macaos have changed hands at $334 for cash, and at rather higher than equiva. lent rates on time. Douglases, after further small sales at $55, have declined to $54, at which rate shares could probably be obtained. Sales of Indo-Chinas are reported at $65. China and Manilas and China Mutuals remain neglected.
rule weak with no business; the rate has fallen REFINERIES.-China Sugars continue to
to $115 with sellers. Luzons are obtainable at $62, but no buyers come forward.
MINING-Panjoms have continued very steady during the week with sales at $13.50 and $13.75; at time of writing small lots are obtainable at $13.50; the results of last month's | crushing are not yet to hand, although hourly expected. Balmorals have changed hands at $1.90 and although more shares are obtainable at the rate buyers vainly offer $1.80. Jelebus on receipt of unfavourable private advices from the Straits have ruled weak and selfers during the week after accepting $3.50 have been unable to get rid of shares at $3.25. The unfavourable reports above referred to are the prospect of no dividend and the carrying of some $30,000 to the debit of Working Account. As these private reports have not come to us we simply give them for what they are worth. Raubs have declined to $5.50 after further sales at $5.75.
DOCKS, WHARVES, AND GODOWNS.-Hong- kong and Whampoas have been comparatively
(May, 7. 1896, inactive and we have only small sales to report at 183 per cent. prem. for cash, and at 191 per cent. prem. for August 31st. Market closes with sellers at 183 cash, at 185 to 184 for the end of the month, and at 187 per cent, prem. for June 30th. Wharves are out of favour with no business at $47. Wanchai Godowns have changed hands at $40.
LANDS, HOTELS, and BUILDINGS.—Hong- kong Lands, after further small sales at $72, close weak at that rate Hotels have improved to $27 with sales, after sales at $26 and $264. West Points continue neglected.
MISCELLANEOUS.-Watsons have found fur- ther buyers, and close steady at $13. Electrics in anticipation of a call of $2 per share (which would make them fully paid up) have been pretty freely offered and small sales have been effected at $6.75; shares are, however, wanted at that rate and' we do not think any are obtain- able under $7. Ropes have found buyers and close steady at $118. Ices have been negotiated at $108, $107, and $107, and Fenwicks at $26 and $25. We have nothing else to report under this heading.
Closing quotations are as follow :-
JOINT STOCK SHARES.
COMPANY.
Banks-
Hongkong & S'hai..... China & Japan, prf.
Do. ordinary Do. deferred!
Natl. Bank of China B. SharesTM Foun. Shares...! Bell's Asbestos E. A..... Brown & Co., H. G. Campbell, Moore & Co. Carmichael & Co. China Sugar Dakin, Cruicks'k & Co. Dairy Farm Co.
Green Island Cement. Fenwick & Co., Geo.. H. & C. Bakery Hongkong Electric Hongkong & C. Gas
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 Yangtsze..
Land and Building-
H. Land Investment. Humphreys Estate...] Kowloon Land & B, West Point Building Luzon Sugar
Mining-
Charbonnages. Jelebu New Balmoral Oliver's Mines, A..
Do. Punjom
Do. (Preference). Raubs
Steamship Coys.
China and Manila China Muinal
Do Pref.
Douglas S. S. Co. H., Canton and `M.... Indo-China S. N.
Wanchai Wareh’se Co. Watson & Co., A. S
PAID UP. QUOTATIONS.
[$355
$125 184 p. ct prem‚——
£5 nominal
£2 nominal
£1 £2 buyers
£1 $31, sellers
£8 $31, sellers
158. $9, sellers
$50 $51, buyers $10 $5 $20 $8
$100 $115, sellers
$5 $1 $10 $5
$25 $254, sellers $10 $15 $50 $36
£10 $100, buyers
$8 $6.75, sales & buyers $100 $95, buyers $50 $27, buyers
$25 $107, sales & buyers' $50 $47
$50 $118, sales & sellers $125 183 p. c. prem-
[$353.75, 8. & sellers $50 $200, sellers $50 94, sales & sellers $25 $80, sellers.
$50 $335, sales & sellers £25 Tla 2024 ex div. &
$20 $28, buyers
$25 $215, sales
$60 $148, sellers.
$50 $72, sales & sellers $10 $9.50, sellers $30 $194, sellers $40 $18, sellers $100 $62, sellers
Fcs. 500 $72, sellers
$5 $3.25, sellers $3 $1.90, sales $3 $6, sales $24 $8, sales
$4 $134
$1 $3, buyers 13s. 10d. $5.50, sellers
$50 $67, sales
£5 £8.10, sellers
£10 £7.10 $50 $54
$15 $33, sales & sellers £10 $65, sales
$371 $40, sales & sellers $10 $13, sales & buyers CHATER & VERNON, Share Brokers
SHANGHAI, 1st May-(From Messrs. J. P. Bisset & Co.'s report.)-Largely owing to the tightness desire to sell shares, but there is not much of money among the Chinese, there has been a business to report. Banks.-Hongkong & Shang. hai Banking Corporation.-A sale was effected yesterday at 185 per cent, premium. Hongkong telegrams report the market as steady at 185 per cent premium. National Bank of China--Shares are offering at $31. Shipping.-Indo-China 8. N. shares have been placed locally at Tls. 49 and