206

cases Preserves, 5 cases Merchandise, 52 packages Bilk, 9:0 rolls Chinaware, 81 rolls Matting, 98 bales Sugar Candy, 52 bales Galangal, and 1 package Tea.

1

cases

The steamship Elaz, Hongkong to London 1st September, took :-103

Camphor; for Hamburg-128 bales Rattan Shavings, and 321 bales Rattans.

The steamer Yarra, Hongkong to France, 2nd September, took :-687 bales Raw Silk, 11 bales Hair, 22 cases Silk Pieco Goods, 10 packages Effects, &c., and 100 packages Tea; for Milan.-- 30 bales Raw Silk; for Lon lou.-50 bales Raw Silk.

The Ellen Rickmers, ongkong to Havre_and London 2nd September, took:-53 cases Cam- phor; for Havre, Humburg, and London.--414 cases Campbor; for Marseilles:-1 case China Ink and 20 eases Aniseed Oil; for Havre.-2 cases Silks, cases Funtliers, 10 cases Bristles, 60 cases Sundries, 140 bales Canes, and 150 rolls Matting; for Hamburg.-1 cases Blackwooodwave, 4 cases Gongs, 10 bales Bamboos, 18 boxes Cassia Buds, 20 cases Palm Leaf Fans, 50 cases Bristles, 352 bales Feathers, 750 boxes Cassia, and 1,074 bags Chardust.

The steamer Ølenesk, Hongkong to London, 30th August, took :-100 bales Waste Silk, 25 bales Canes, 189 rolls Matting. 200 casks Ginger, 2 0 cases Ginger, 29 packages Sea Shells and 6 pack. ages Sundries.

The steamer Diomed. Hongkong to London, 2nd September, took :-ti,156 boxes Tea (129,276 lbs. Scented Caper), 1 case Silks, 1 case Feathers, 190 cases Palmleaffans, 34 cases Cigars, 15 cases Black woodware, 56 bales Canes, and 8 packages Sundries; for London option Manchester :-30 bales Waste Silk; for London option Hamburg : -585 boxes Tea (12,285 lbs. Congou); for Man- chester 1 case Curios; for Glasgow:-1 case Sundries.

The steamer Formosa, Hongkong to Man- chester, 5th September, took:-50 bales Waste Silk; for Buenos Aires :-400 packages Tra; for

London:-275 bales Waste Silk, 263 bales Pierced Cocoons, 763 bales Canes, 218 bales Hemp, 63 cases Chinaware, 18 cases Blackwoodware, ú cases Campbor Wooʻl Trunks, 356 · cases Preserves, 36 cases Cassia Oil, I case Silk Picce Goods, 50 casks Preserves, 2 packages Sundries and 11,782 boxe- Tea (10,924 lbs, Congou, 232,407 lbs. Scented Caper, 2,203 Iba. Scented Orange Pekoe),

OPIUM.

HONGKONG, 9th Sept.-Bengal.-There has been an advance in rates during the period under review, Patna advancing to $732} for New, $745 for Old, and Benares to $752) for New.

Malwa,-The market has ruled steady, quota- tions closing as under :-

New (this yr's)-720 with all'ance of 54

(last yr's).$730

Old (2/3 yrs.).$710

"

cts.

1 to 41

1

to 2

24

"J

THE HONGKONG WEEKLY PRÉSS AND.

1 to 2 Old (4/5 yrs.). $760 Older........ $790

*{o3 Persian. There has been some small business passing in the drug during the interval. Oily drug closes at $550 to $700, and Paper-wrapped at $500 to $650 per picul according to quility. To-day's stocks are estimated as under:-

New Patna.

Old Patnu

New Benares

Malwa

Persian

...1,780 chests.

100

"

270

11

400

+3

53)

COURSE OF THE HONGKONG OPIUM MARKET.

PATKA.

BENARES.

DATE.

New. Old.

New. Old.

1896.

$ Sept. 2 7221 | 7271 Sept. 3 Sept. 4

$

$

$

733

720 725

730

735 730 740

L

Sept. 5 7281

745

755

Sept. 8

730

745

750

Sept. 7; 727 Sept. 8 Sept. 9

745

750

7271

745

750

MALWA.

>

New. old.

$

$ |720/730 740;760 |720/730 740 780 1720/730 740 760 (720/730|740/760 720.730 740 760 |720/730|740,760 720,730 740,760 720/730 740/760

732) 745 7524

COTTON. HONGKONG, 9th September.-The market for Cotton continues improving, while supplies are coming in very slowly. During this period an improvement ofabout 50 cents per picul has to be noted. Stock: 400 bales Bengal.

Bombay Kurrachea

.......................814.00 to 17.00 p. pl.

13.00 to 16.00

15.50 to 16.75

"

Bengal, Rangoon, and

Dacca Shanghai and Japanese.. 18.00 to 20.00 Tungehow and Ningpo.. 18.00 to 20,00 Madras

..... 14.00 to 17.00 Sales: 500 bales Bengal, Rangoon, and Dacca.

RICE.

*

loxokosa, 9th September.-The Canton mar- ket is very weak and prices have further declined. Closing quotations are:-

Saigon, Ordinary

Round, good quality Long

Siam, Field, mill cleaned, No.2

Garden,

No. 1

White

JJ

+

Fine Cargo

COALS,

per picul. $2.20 to 2.22 2.50 to 2.52 2.61 t. 2.64 2.27 to 2.30 2.75 to 2 78 2.90 to 2.93 3.22 to 3.25

Doxakong. 9th September.-Small sales re-

Carlit ported. Quotations are :-

..$13.25 to 14 ex godown, nom. Au-tralian 6.50 to ex ship, nominal. 5.75 ex ship, nominal.

do ex ship, 5.50 ex ship, nowinal.

Miike Lump... 5.69 to Miike Small... 4.65 to Moji Lump

4.25 to

MISCELLANEOUS IMPORTS. HONGKONG, 9th September.-Amongst the sales reported are the following

YARN AND PIECE GOODS:-Bombay Farn.-775 bales No. 10 at $75 to $80.50, 295 bales No. 12 at $78.50 to $82.50, 515 bales No. 16 at $85 to $93,381 bales No. 20 at $82.50 to $97. Grey Flower Vase at Shirtings.-500 pieces 10 lbs. $3.90, 500 pieces 10 lbs. Horse and Gun at $3.50, 1,800 pieces 81 lbs. Blue Peach at $2.871, 3,600 pieces 81 lbs. Blue Joss B at $2.94), 1,500 pieces 8 lbs. Red Lion und Flag at $2.571, 600 pieces 7 lbs. Green Peach at $1.32}, 600 pieces 8 lbs. Two Fish at $2.72, 250 pieces 10 lbs. Stag at $3.874, 20 pieces 10 lbs. Red Flower at $3 80. 250 pieces 10 lbs. Blue Flower at $3.771, 250 pieces 10 lbs. Green Flower at $3.75. T-Cloths. 1.800 pieces 8 lbs. Murican V. V. at $2.90, 750 pieces 7 lbs Mexican Red Stag at $2.321, 750 | pieces 7 lbs. Mexican Blue Dragon B.B. at $2.27), 600 pieces 8 lbs. Hunter and Stag C.C. at $3.05. Spanish Stripes.-43 pieces B. B. B. assorted at $0.57). Long Ells.-200 pieces 9 lbs. Scarlet at $6,95, 400 pieces 10 lbs. Scarlet at $7.50.

METALS:-Tin. -100 slabs Siam at 32.80, 200 slabs oong-chai at $33. Quicksilver.—500 flasks at $103 to $106.75.

1

|

SHANGHAI, 3rd September.-(From Messrs. Noël, Murray & Co.'s Piece Goods Trade report.)— While there is scarcely any business to report this week there is a marked improvement in en- | quiry, but at such low prices that importers have no other option thau to refuse the terms offered in view of the strength of the American market and the uncertain quantities that seen to be at Liverpool and Manchester. ruling those Whether it is that dealers are playing the usual waiting game or are speculating for a rise in silver, it is not for us to say, but there is no doubt | that prices are far below what they ought to be. The tendency is to think that the former course is their design, for otherwise why should such un innumerable number of recommendations (which would be orders were a workable rate of exchange obtainable) be sent forward by mail-only to try and gain by waiting. Against this orders have been received from the various Outp rts, and where dealers have been unable to fill them from their own storks, re-sales among natives have been made at prices which are not published. This applies more particularly to American than to English makes, and if this state of things con- times it will tend to strengthen the position of importers. Some attention has again been paid to American makes, the stocks of which cannot be heavy, especially Sheetings, but the prices at which they are being offered from the States do not allow dealers to buy as freely as they would like. News from the Outports must be considered satisfactory, as clearances are being made on a very liberal style, Woollens being particularly well favoured in this respect. Tientsin continues de- to take regular supplies, and we hear that n mand has sprung up for Black Lastings from Newchwang. Korea has taken a few 10-lbs. Grey Shirtings, while reports fron Hankow are dis- tinctly brighter.

Metals. (From Messrs. Alex, Bielfeld & Co.'s report.)—5th September:-Nothing has occurred to vary the monotonous dullness which it has

|

[September 10, 1896.

been necessary to report week after wee some time. Business in Metals is a standstill, stocks are

The stock of Nailrods on this mar nearly equal to nine months consumptio having been purchased at a time when were low, the dealers naturally turn a to all suggestions of business at present cost. Lead is neglected and no sales have been reported. From the North reports are not very encouraging Boat-hire at Tientsin is dear, and the i districts round Newchwang are said to be flooded Dealers from Tientsin have bought very sparsely, this season. The Iron made at Hanyang is said to be very satisfactory, as regards quality, but although selling at Tls. 2,6′) to 'l'ls. 2.65 per picul, without any duty to pay, it is doubtful if its manufacture is profitable to the works owing to the manner in which these Government concerns are run in China. It is said that they can turn out some 30 tons a day, or say 900 to 1,000 tons a month, of Bars and Slit Rods very similar to North Straffordshire fron in quality. Up river. the demand continues fair for Metals. Importers of Sundries report the same lethargic state as is complained of by other merchants. Natives cannot make up their minds how to move because of the apparent uncertainty of the exchange; the main reason, however, for the present inacti vity seems to be a falling off in demand from consuming centres generally owing to bad crops, scarcity of money, and over-stocking. This will no doubt be remedied before long when the mach desired revival will set in. Sales reported-200 tons Hamburg Horse-shoes at Tls. 1.80, èx Goffin" at Tls. 2.47 ex godown; 100 tons godown.

ON

CLOSING QUOTATIONS.

WEDNESDAY, 9th September.

EXCHANGE.

LONDON.---

Telegraphic Transfer

Bank Bills, on demand.

ON PARIS.-

ON GERMANY.---

On demand

ON NEW YORK.-

.2/14

.2/10

Bank Bills, at 30 days' sight Bank Bills, at 4 months' sight ...2/14 Credits, at 4 months' sight

2/111

2/2

Documentary Bills, 4 months' sight2/2}

Bank Bills, on demand

.2.70

Credits, at 4 months' sight

..2.73

.2.17

Bank Bills, on demand

:513

ON

Credits, 60 days' sight BOMBAY.——

53

Telegraphic Transfer.... Bank, on demand..

.180

.1804

ON CALCUTTA.—

Telegraphic Transfer

.1801

Bank, on demand..

.1801

ON

SHANGHAI ~

Bank, at sight

.724

Private, 30 days' sight.

.73}

ON YOKOHAMA.—

ON demand

.par.

MANILA,——-

.16% pm.

.par. ..9.18

.48.00

ON

Ondemand

ON SINGAPORE.-

On demand.. SOVEREIGNS, Bank's Buying Rate GOLD LEAF, 100 fine, per tael

JOINT STOCK SHARES.. HONGKONG, September 9th.-The market has been brisk during the week under review and a fair to large business has been transacted in nearly all stocks, Banks and Docks heading the list with some important transactions. The general tone of the market has been firm and rates have ruled almost generally with an up- ward tendency. Many important changes in quotations have taken place.

BANKS. Hongkong and Shanghais have changed hands at from 1833 to 1924 per cent. prem. for cash and at equivalent rates on time as far forward as December, for which month transactions at 198 and 200 per cent, prem, were put through; at time of writing market closes easier with sellers at 192 per cent. prem. for cash found small buyers at $27, but shares are still and at equivalent rates forward. Nationals have obtainable at that rate.

MARINE INSURANCES.—Unions have been eagerly enquired for and a fair number have

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