Siam, Field, mill cleaned, No. 2 ...$2.40 to 2.43
No. 1 ... 2.82 to 2.84
8.12 to 3.15 3.20 to 3.33
Old Wire Rope
[September 24, 1896.
Telegraphic Transfe Bank, on demand.
THE HONGKONG WEEKLY PRESS AND
Small Round Rod Hoop
to
ON CALCUTTA,
to
C
to
ON SHANGHAI,
ON YOKOHAMA
Lead, Australian.............. 6.70 to Yellow M'tal-Munt2,14/28 oz.28 50 to Vivian's, 16/32oz.26.00 to Elliot's, 16/28 oz. 28.00 to
Japan Copper, Slabs
Garden,
".
White
Fine Cargo
COALS.
Tin
Carditt
.$13.25 to Australian 6.50 to Miike Lump... 5.60 to Mike Small... 4.65 to Moji Lump
4.25 to
14 ex godown, nom. ex ship, nominal. 5.75 ex ship, nominal.
ex ship, do 5.50 ex ship, nominal.
Tin-Plates
Steel.....
SUNDRI: 8
HONGKONG, 23rd September.-Market quiet;
small sales reported. Quotations are :--
MISCELLANEOUS IMPORTS. HONGKONG, 23rd September-Amongst the sales reported are the following :-
YARN AND PIECE GOODз:-Bombay Yarn.-25 bales No. 6 at $67, 25 bales No. 8 at -704; 1,440 bales No. 10 at $75 to $801, 659 bales No. 12 at $701 to $831, 265 bales No. 16 at $87 to
Quicksilver
Window Glass
Kerosene Oil
25.00 to
to
per box
5.10 to
per cwt. case
4.35 to
per picul
105.00 to
per box 3.50 to
per 10-gal. case
2.05 to
SHANGHAI, 17th September. (From Messrs.
Bank, at sight
Private, 30 days' sight:
ON demand
ON MANILA..
Ondemand
ON SINGAPORE.—
On demand.
SOVEREIGNS, Bank's Buying Rate GOLD LEAF, 100 fine, per fael
178 1781
i
.11%pm.
par
9.32
48.00
JOINT STOCÊ SHARES. HONGKONG, September 23rd. The market has been fairly active during the week under
$94, 940 bales No. 20 at $97) to $100. Grey Noël, Murray & Co.'s Piece Goods Trade report.)/review, the chief features being a sudden weak
Shirtings.-2,100 pieces 8 lbs. Red 7 Boys at $2.60, 300 pieces 8 lbs. Red Cock at $2.60, White 750 pieces 10 lbs. Red Man at $3.30 Shirtings. 507 pieces No, 600 at $4.40, 600 pieces Goose at $4.274. 500 pieces E.K. at $5.80, 500 pieces S.T. at $4.35, 500 pieces 5.Q. at $4.424 25 pieces B. at $5.05. 250 pieces Palm and Elephant at $5, 250 pieces K.K.K. at $1.30, 500 pieces Elephant and Tree at $5, 500 pieces Fan at $5.05, 160 pieces Blue Lion at $5.75. T-Cloths.-2,230 pieces 7 lbs. Red Stag at $2.40. 375 pieces 7 lbs. Blue Dragon B at $2.05, 375 pieces 7 lbs. Blue Dragon BB at $2:30, 600 pieces
The fluctuations in Exchange must again be called in to account for the almost total absence of business to be reported this week. In the earlier part of the week it almost appeared that dealers kad mide up their minds to buy and several orders were submitted for 8.4-lbs. Grey Shirtings, 19-lbs. Grey Shirtings. English Sheet- ings, and the Finer White Shirtings. There, with very few exceptions, were refused, but as the difference in prices was more due to the falling exchange than anything else, it would appear that buyers are slowly but surely begin- ning to agree with importers ns to the position of the market. During this period of the year dealers are generally engaged in buying or plasing indents for next year's business, but for well known reasons these transactions have just now been very much curtailed. The usual native settling day, on 21st instant, promises to pass accompanied with an easier rate of Bank interest without any difficulty whatever, and as this is there are alt ly symptoms of deal. rs preparing to act in earnest when the settlement is over. There is no particular news of interest from any of the Out ports. From Tientsin there is a slight dewand for medium 8-ibs. Grey Shirtings, Lut the market generally may be described as dull. Prices for American Drills are strong with little 28 to 32 ......114.00 to 119.00 enquiry. Newchwang is very quiet, while there
is no
business reported from Chefoo. For Ningpo medin 8-lbs. Grey Shirtings are wanted in a small way at current prices. For Hankow there is a small business doing. At a recent meeting of the Chamber of Commerce, the China Association, and reprefentatives of the Cotton Mill Compaui-s it was decided to nak Mr. C. J. Dudgeon to proceed to Peking to explain to the Foreign Ministers the views of the parties terested with reference to the proposed revision of the Commercial Treaties with China. Dudgeon carries with him the full support of the inercantile community here.
7 lb. Hunter-and Stag CC at $3.15, 600 pieces 8 lbs. V.V. at $3. Turkey Beds.-800 pieces 14 lbs. Fluteman at $1.37. Spanish Stripes.-96 pieces BBB at $0.58). Long Ells.-250 pieces 8 lbs. Scarlet at $6.55, 750 pieces 9 lbs. Scarlet at $7.05, 500 pieces 10 lbs. Scarlet at $7.55. Comlets.---- 100 pieces Assorted 9 Old Men at $17.95, 10 pieces Assorted 9 lbs. Birds at $12.50, 100 pieces Assorted Tiger Shot at $13.75.
METALS :--Tin.-100 slabs Fungchai at $33. Quicksilver.-200 slab; at $107. COTTON YARN.
Bombay--Nos. 10 to 20 English-Nos. 16 to 24 22 to 24
**
38 to 42
COTTON PIECE GOODS.
Grey Shirtings-Gibs.
per bale ......$69.00 to $99.00
to ...100.00 105.00 ...103.00 to 108.00
......118.00 to 126.00
per piece 1.40 to 1.55 1.75 to 1.95 2.00 to 3.00 4.00
71Ls.
8.4 lbs.
A to lu Ibs
3.20 to
White Shirtings-54 to 56 rd.
2.15 to
2.35
58 to 60
2.50 10
3.14
17
64 to 66 3.00 to Fino
3.90 to Book-folds. 3.20 to
3.50 6.90
5.40
1.25
1.55
Victoria Lawns-12 yards 0.60 to T-Cloths-6lbs. (32 in.), Ord'y. 1.40 to
B
7lbs. (32
1.80 to 6lbs. (32 ), Mexs. 1.60 to
"
7lbs. (32,,),
8 to 8lbs. (36 in.)
Drills, English--40 yds.,13‡ to
14lbs...
FANCY COTTONS
Turkey Red Shirtings-1 to
Velveteens-18 in.
2.15 to 2.35 to 3.20 to
2.95 1.75 2.40 3.03
4.30
1.20 to 3.50
Spanish Stripes-Sundry chops. 0.55 to
German...... 1.00 to
Habit, Med., and Broad Cloths. 1.25 to i 3.50
-
Mr.
Metals.(From Messrs. Alex. Bielfeld & Co.'s report.)-18th September:-The situation remains the same as a week ago, there being no sign of immediate recovery. The sudden drop in Silver to 33d. and in Exchange quotations to 2/10d. only tended to make the ontlook more gloomy than it already was. Even goods offered at auction just now meet with but little encourage. ment, so absolute is the lall in business. Auction. -80 tons Old Cable Wire at Tls. 1,35 to Tls, 1.98. 25 piculs White Metal Sheets at Tls. 39.00.
CLOSING QUOTATIONS.
WEDNESDAY, 23rd September.
EXCHANGE.
5lbs.
Brocades-Dyed .......
3.75 to
4.50 per yard
Damasks
0.12 to
0.15
Chintzes-Assorted
9.07 to 0.10
Velvets-Black, 22 in..
0.21 10 0.28
0.16 to 0.20
Handkerchiefs-Imitation Silk 0.40 to
per dozen
0.85
ON LONDON.-
WOOLLENS
Telegraphic Transfer
per yard
Bank Bills, on demand
.2/11 .2/11.
0.95
Bank Bills, at 30 days' sight
2/1
1.15
per piece 6.50 to 6.60 to 8.10 13.00 to 27.00
Bank Bills, at 4 months' sight Credits, at 4 months' sight Documentary Bills, 4 months' sight2/13
2/1
.2/1
8.00
ON PARIS.--
Bank Bills, on demand.
.2.65
Credits, at 4 months' sight
.2.70
Assorted j
ON GERMANY.—
3.00 to 8.00
per pair 4.80 to 8.40
On demand
.2.15
ON NEW YORK.-
Bank Bills, on demand
.51
per picul 3.35 to
Credits, 60 days' sight
.521
ON BOMBAY.—
Telegraphic Transfer.. Bank, on demand.................
.178
.1781
Long Ells-Scarlet
Assorted
Camlets-Assorted
Lastings-30 yds., 31 inches, 10.00 to 18.00
Orleans--Plin
METALS
Blankets-3 to 12lbs, .....................
Tron-Nail Rod
Square, Flat Round Bar
Swedish Bar
3.35 to
-
to
ness in Banks and a rise in Sugars. With these two exceptions rates have ruled steady to strong and close steady.
BANKS. -Hongkong and Shanghais. In the early part of the week shares changed hands in small lots at 194 and 193 per cent. prem. with small unimportant sales on time as far a8 February at equivalent rates. Later, however, with a weaker London market and the some what threatening aspect of affairs in Europe the rate gradually fell to 191 per cent. prem. with sellers cash and forward and fow if any sales. At time of writing shares are obtainable at 191; latest London quotation £43 10s. I am înformed on good authority that the non- success in the flotation of the balance of the last Chinese loan does not in any way detri- mentally affect the Bank, as it was all under- written, but shows a very substantial profit to the Corporation. Nationals continue on offer at $27 without finding buyers.
MARINE INSURANCES.—China Traders have ruled quiet with small sales at $82. Uniona have been easier with sellers at $252, and small sales. The Company's report, which is now published, recommends a dividend of $15, further payment to contributors of 5 per cent. making 25 per cent. in all, and sums of $150,000 and $247,950 to the credit of Reserve and to be carried forward respectively. Cantons continue quiet at quotation. Yangstzes have been enquired for during the last few days at $145, $147, and $150, and are still wanted at the last rate. North Chinas and Straits have changed hands in small lots at quotations.
|
FIRE INSURANCES.-Hongkongs have con- Chinas tinued quiet with small sales at $3424. have also ruled quieter with small sales and sellers at $97.
SHIPPING.-Hongkong, Canton, and Macaos have continued unchanged with small sales at :- $334 and sellers at 8334 to $331; on time shares are still obtainable at $34 for December. Indo-Chinas have changed hands in small lots at $464, $46, and $45, the stock continuing quiet and neglected both here and in Shanghai. Douglases have found small buyers at $654, but the market has ruled unsettled with but small business. I understand that there is likely to be some opposition to the adoption of the report on the 26th inst., some of the shareholders considering that in view of the large amount of the net earnings for the year the proposed dividend of 12 per cent. is inadequate and should be supplemented by a bonus. China Manilas have continued on offer at $71 without finding buyers. China Mutuals still continue neglected with sellers.
REFINERIES.-China Sugars on reports of better business have ruled very firm, shares having changed hands from $128 to as high as $134 cash, and at $135 to $136 for end December; market closes, however, much quieter. with sales at $131. Luzons owing to disturbance in the Philippines have dropped to $55 with sales and close weak at that rate
MINING. Punjoms. The weakness report in my last few issues has continued and sal were effected as low as $9 during the WG At time of writing the market is $10.25 after sales at $91, 89.75, Jelebus have declined to $3.10 without and Raubs have found buyers in fair $5.50 and $5.60, closing firm at former rate