THE HONGKONG WEEKLY PRESS AND.
November 19, 1896,
have
weak
at $8.02), 90 pieces 8 1. Mexican but a fair quantity of transactions are reporteding of Miscellaneon- V at $2.971, 60u pieers 8 lbs. Red Stag at ainong Chinese, the most notable being a de- an inclination to decli 125 pieces 7 h. Mexican Gold Pheasant mand from the Tientsin and Shantung merchants BANKS Hongkong 1.95. Drills.— “225 pieces 16 lbs. Large Eagle who have been buying American Drils and Sheet sales at 182 and 183 at $5.30 Camlets.-110 pieces B. H. B. at $29.50.ings. Raporta from Hankow are rather better place, but sellers
METALS Iron. -3.00picul square, round, and but Newahwang is very quiet and it is not likely the market and any flat bars at $3.45, 1,000 bundles small round rods that much more will be done with this market at $9.60. Tin-100 slaba Fungchai at $33.
rate could apparently be same time the stock is pretty firm any extraordinary 1 satisfied except at an sales have been effected at 185 for and 187 for January. The late London is £42 Bank - of China. could be placed at £2, whilst Ordinarie probably be obtained at $1. Nationals hav continued at quotation without sales.
COTTON YARN,
per bale Bombay Nos. 10 to 20 .$71.00 to 102.00 English-Nos. 16 to 24
100.00 to 105.00 2% to 24 ......107.00 to 114.00 28 to 32.118.0) to 125.00 ...124.00 to 136.00
per piece 1.40 to 1.55 1.85 to 2.00 to
S8 to 42 COTTON PIECE GOODS.
"
Grey Shirtings-6lbs. ........
7lbs.
8.00 to 3.90 to Book-folds. 8.20 to
.8.4 lbs.
9 to 10 lbs
White Shirtings—54 to 56 rd.
3.20 to 2.15 to
53 to 60 .2.50 to
64 to 66' Fine
Victoria Lawns-12 yarḍls 0.60 to T-Cloths-6lbs. (32 in.). Ordʼy, 1.40 to
6.
7ibs. (82,,),
1.80 to
205 8.00 4.00 2.85 8.10 8.50 6.90 5.40 1.25 1,55 2.95
6lbs. (32), Mexs. 1.60 to
1.75
7lbs. (32,, ),
官
2.25 to
2.70 8.20
8 to 81lbs. (36 in.)
Drills, English 10yds.,134 to
14lbs....
5lbs.
2.35 to 4.00 to 5.00
FANCY COTTONS
Turkey Red Shirtings-1to1.20 to 3.50 Brocades-Dyed
8.75 to 4.50
per yard 0.12 to 0.15 0,07 to 0.10 0.20 to 0.28 0.16 to 0.20
per dozen Handkerchiefs-Imitation Bilk 0.40 to 0.85
Damasks..
Chintzes-Assorted
Velvets-Black. 22 in......... Velveteens-18 in.
AORUSTUSCONI
WOOLLENE
per-yard Spanish Stripes-Sundry chops. 0.55 to Gorman....... 1.00 to Habit, Med., and Broad Cloths. 1.25 to
Long Ells-Scarlet
Assorted
Camleta-Assorted
Assorted
GRANAZ
Lastings-30 yds., 31 inches, Į
Orleans-Plain
Blankets-8 to 12lbs. ..................
METAIS
Iron-Nail Rod
Square, Flat Round Bar
Swedish Bar
Small Bönad Rod
Hoop.........
Old Wire Rope
Lead, Australian...............
0.95 1.15 8.50 per piece 6.50 to 8,00 6.60 . to 8.10 18.00 to 27.00
10.00 to 18.00
8.00 to 3.60
per pair
9.50- 4.80 to
Yellow M'tal-Muatz.14/28 oz.29′00
Elliot's, 16/28 oz. 27.00- to
this year. There is some enquiry for forward business, but so far little, if anything, has been done wing to the low prices offered, and this class of business is being made all the more difficult by the course of the Manolister market, which is reported strong with a hardening tendency. The Nw York market is also very firm, manufactures being in no apparent hurry to ask for orders. Cotton is higher, being now quoted at 41d. The Indian Yarn trade bas received a severe shock during the week owing to the disastrous decline in exchange, the rate on Bombay being quoted to day at the hitherto unknown figure of 224. This decline not only puts all chance of forward busi- ness at present prices out of the question, but will give serious trouble to the buyers who have
is customary now, secured exchange against future contrats. Already many of the lead. ing importers have closed their books and de-negotiated in Shanghai at $147.
obtainable here at that rate. Strait clined to listen to any offers until matters in some way or another adjust themselves. In the mean- neglected with small sales at $20) and North time this movement of exchange is attracting at Chinas have changed hands at quotation. tention to the local Cotton Spinning Mills, which are ra idly approaching completion.
Metals.—(From Mes✩rs. Afer. Bielfeld & C».'s report.)-13th November -The stocks on hand and the tightness of the Chinese money market have prevented any business during the past week. Imports have been practically at a standstill dur- ing the period under review, and until the bunks, which now refuse to grant adgances, their excuse being that they already carry too heary stocks, see their way clear, to grant further assistance, this is likely to continue. Lead.-The only business done has been for 200 tons L B., £12.7.6, c.i.f. Nailro 8.-200 tons "Goffin” have been
sold from stock here at Tls. 2.45 to 2.474 per picul. Old Iron.-There have been no transac tions in these goods. The stocks at present on hand, as near as we can judge, are as follows :— 5,500 tons Old Horse-shoes, 7,000 tons Steel Plate Cutting, 1,000 tons Cart Tyres, 1,000 tons Cobble Wire, 500 tons Wire Ropes, 300 tons Telegraph Wire, 1,000 tons Bolier Plates, 300 tons Boiler Tubes, 200 tons Railway Spikes, 600 tons Bar Cropping. In Tin Plates. with 6,000 boxes plain and 1,200 boxes decorated in stocks, no transac tions whatever have taken place. Iron Wire is the same, the stook being 8,000 casks spot, and
about 2,000 afloat.
CLOSING QUOTATIONS.
WEDNESDAY, 18th November.
EXCHANGE.
ON LONDON.--
.2/11
per picul
2.35 to
Telegraphic Transfer
Bank Bills, on demand
2.35
to
:
.2/11%
to
Bank Bills, at 30 days' sight
2/14
to
Bank Bills, at 4 months' sight
..2/11
to
M
Credits, at 4 months' sight
.2/2
to
Documentary Bills, 4 months' sight2/21
6.80
to
ON PARIS.—
to
Bank Bills, on demand
.2.68
Vivian's, 16/32 oz.28.00 to
Credits, at 4 months' sight
.2.79
ON GERMANY.--
Japan Copper, Slabs
1
to
On demand
Tiles ............
Tin
Tin-Plates......
26.00to
per box. 5.20
to
to
Steel....
BUNDRIES
Quicksilver
Window Glass
Kerosene Oil
per cwt. case 4.40 Lo
per picul .105.00 to
per bor 3.50 to per 10-gal. case
A
8 3 3 3
ON NEW YORK.
2.18
Bank Bills, on demand
.511
Credits, 60 days' sight
.52#
ON BOMBAY.-
Telegraphic Transfer.
.163
Bank, on demand.
.163
ON CALCUTTA.—
Telegraphic Transfer.
.163
Bank, on demand..
.163
ON SHANGHAI.——
Bank, at sight
.72§
Private, 30 days' sight..
.731
ON YOKOHAMA.—~
ON demand
.par.
.12% pm.
par. .9.25 .48.60*
ON MANILA.-
Ondemand
ON SINGAPORE.—
On demand. SOVEREIGNS Bank's Buying Rate GOLD LEAF, 100 fine, per tael
|
MARINE INSURANCES China Traders, shares offering during the wook at $751. weak without sales and shares could probably be obtained at $75. Unions after fair sales at $235 also close somewhat weaker with at $233.
Cantons still continue in o at $185 without sales. Yangsizes have been
FIRE INSURANCES.-Hongkonga have again improved and have found buyers at $3 ing the week sales were effected at $947); $350, and $351'; market closes strong at $352). Chinas have ruled steady to strong with small sales at $102, $103, $103, and $104; buyers, how- ever, have not been able to obtain the full amount of their requirements and unless they raise their limits do not appear likely to do so. The market for both stocks closes strong with an upward tendency.
SHIPPING. Hongkong, Canton, and Macaos. -After the sales at $32.75 reported last week the rate again, went back to $33, at which a fair number of shares changed hands, the sto however, still remains on offer at 833 whi buyers vainly offer $32.75. Indo-Chinas have ruled firmer with small sales at $41 and $42 cash and at. $43 for March. China-Manilas continue on offer at quotations, also Chins Mutuals. Douglases. Further sales at $554 have been effected, and with no more shares to be had at that buyers are offering $574 without bringing any into the marke. The closing condition of the stook is decidedly firm. yeti REFINERIES-China Sugars have ruled more
or
F
less neglected, sallers generally being unable to place shares at $136 and $135 at time of writing the market is steady, with sellers at $135 and no buyers over $134, and even at the lower rate no considerable number of shares could be placed. Luzons have con- tinued dull and neglected and beyond one sale at $45 no transactions have been reported; the market closes quiet.
MINING. Panjoms have been the medium of a small but steady business at $12.75 and $13. for cash, and some unimportant transactions on time have taken place. The latest written advices from the mine report the discovery of a reef of quartz containing free gold in good quantity, the prospects of which are very encouraging. Raubs have experienced quite a small boom. With continued buying orders from Singapore the market quickly rose from $7 to $10 with bat little business between the first named rate between $9 and $10, however, a fair busi was transacted and the market steadied latter rate. The result of the last two m crushing, i.e., 1,912 oz smelted gold from tons of stone, telegraphed from Sin after the local demand was satisfied, is to account for the rise, although holders affirm there is something else behind the scenes. The market closes steady at $10. Balmorals, Olivers, and Jelebus have remained inactive and dull without business.
DOCKS, WHARVES, AND GODOWN kong and Whampoa Docks ha to weak, and beyond small
per cent, prem, there is on time shares are rates, but not to any demand would
Shanghai 12th November. (From Messrs. Noël, Murray & Co.'s Piece Goods Trade Report) Piece-Gools.—Business continues on niuch ́ thẻ - same dull lines as during the part two months and we are now nearing the close of an unprece dented autumn season, the like of which it is hoped will not occur again for many years to come. From all sides we hear that the trade it- selfie on a sound enough basis, but a general
JÓINT STOCK SHARES. tightness of money tiampers business except on
HONGKONG, November 18th-The market | Kowloon Wh very small lines, and although the published rate of Native interest appears reasonable it is said continues dull and inactive, with nothing of in the early that only the leading hongs are allowed to make any especial importance to report. Rates offering to par "use of it to any extent. During the past week generally, with the exception of Mining and were effected sales from importers have been almost nothing | Fire stocks, and of one or two under the head.
riting the marketi
to $5819