102
COTION PIECE GOODS,
Grey Shirtings-filbs.
7lbs.
8.4 lb3.......
9 to tu lbs
White Shirtings-34 to 56 rd.
59 to 60
91
64 to 66 Fine
17
Victoria Lawns—12 yards
T-Cloths-lbs. (32 in.), Ord’y. 150 to
per piece
1.80 1.70 to 2.03 to 2.25 2.35 to 3.25 3.30 to 4.15 2.35 to 2.55 2.70 to 3.30 3.30 to 3.90 4.10 to 7.20 Book-folds. 3.60 to 5.80 1.30 1.70
0.63. to
7lbs. (32 },
1.00 to
6lbs. (32 ), Mexs.
1.70 to
8 to 8.4 oz, (36 in.)
2.35
Drills, English-40yds,133 to
2.15 to to
3.75 to
14lbs.......
FANCY COTTONS
7lbs. (32 ),
Turkey Red Shirtings-1) to
Brocades-Dyed
Damasks
Chintzes-Assorted
Velvets-Black. 22 in.. Velveteens-18 in.
5lbs.
2.15 1.85 2.90 3.25
5.10
1.40 to 3.50
3.75 to 4.50 per yard 0.11 to 0.15 0.07 to 0.10 0.19 to 0.30 0.17 to 0.20 per dozen Handkerchiefs-Imitation Silk 0.40 to 0.80
WOOLLEN 8
1.20 1.35
per yard Spanish Stripes-Sundry chops. 0.60 to German....... 1.08 to Habit, Med., and Broad Cloths, 1.32 to 4.70
per piece. 6.80 to .8.70
Long Ells-Scarlet
A-s -rted
Camlets-Assorted Lastings-30 yds., 31 inches.
Orleans-Plain
Assorted
Blankets-8 to 12lbs.
METALS
Iron-Nail Rod (Sohier)
Square, Flat Round Bar
Swedish Bar
Small Round Rod
Old Wire Rope
6.90 to $8.80 13.00 to 32.00
11.00 to 20.00
•
3.40 to 4.20
per pair 5.00 to 10.00
per picul 3.95 to 4.00 4.25 to
5.80 to
4.10 to
to
to
to
8.00 to 8.00
Australian.
Yellow M'tal—Muntz 14/28 oz. 31,00 to
Tin-Plates
SUNDRIES
per box.
6 40 to
5.75 to
THE HONGKONG WEEKLY PRESS AND
Some firm offers from America have led to a few transactions, which have mostly been done at a fael price. The market is responding very satis factorily so far to the enhanced demands upon it, and the business this week, though smaller in extent, shows an advance, pretty well all round. The chief enquiry is still for 8-4lbs. Shirtings for Tientsin, and American goods for that market and Newchwang, the merchants having now com- menced buying, and it is said an enormous quantity of the litter have changed hands among the natives during the week again. Both those markets are reported to be active and prices have improved. Hankow is taking a little, but Ningpo appears to have enough for the present. Local Industry.-Applications for shares in the Ya Loong Cotton Mill close on the 24th instant, when there seem to be every probability that the Company will floot. Another Company is on the tapis to run a Mill now in course of erection with 15,000 spindles. With regard to the Native Mills, contracts have been signed for the purchase by a local foreign firm of the Ta Sheng Chong Mill with its 25,900 spindles for 'l'la, 606,000, and for the lease of the Wan Sheng Chong Mill, with its 65,000 spindles and 750 looma, for three years at an annual rental of Tls, 138,500, being 5 per cent. on Tls. 2,770,000 the value put upon it by the owners, and with the option of buying it at that price at the end of the lease.
METALS. (From Messrs. Alex. Bielfeld & Co's Report), 23rd July There has been a decided falling-off during the past week, the feeling being that the regular demanda have been filled, and neither buyers nor sellers are very anxious to do new speculative business. The lack of space offering from home is another factor that influences all, for we hear that between twelve and fifteen thousand tons of cement have been arranged for China and this is undoubtedly the reason for the scarcity of space. The large amount of cement is for the use on the new railways and for the large dock and harbour improvements. that are under contracts in Japan. The following orders have heen placed during the week:-50 tons Old Round Iron at 92. 6, c.i.f.; 150 cases Corrugated Sheet Iron £12.15.0 c.i.f.; 200 tons Nail Rods, private terms; 225 tons Japan Copper, private terms In old materials about 100 tons have
been done at the following rates-Cart Tyres Tla. 2.50; Galvanised Iron Wire Tls. 2.87 to 3.80; Enamelled Plates Tis. 210.
CLOSING QUOTATIONS.
WEDNESDAY, 28th July, EXCHANGE.
.1/107 .1/1018 1/11 1/1178 1/111
Hoop.
Leal, L. B. and Hole Chop
Vivian's, 14/20 oz. 30.00 to
Elliot's, 14/20 oz. 29.00
to
Composition Nails
to
ON LONDON.—
-Japan Copper, Slubs
to
'Tiles
to
Telegraphic Transfer
Tin
to
Bank Bills, on demand
Bank Bills, at 30 days' sight
per cwt. case
Bank Bills, at 4 months' sight Credits, at 4 months' sight Documentary Bills, 4 months' sight 1/11
On PARIS.--
Bank Bills, on demand
Credits, at 4 months' sight
ON GERMANY.-
On demand
.194
ON NEW YORK,—
Bank Bills, on demand
463
Credits, 60 days' sight
.473
ON
BOMBAY.-
Telegraphic Transfer.
.152
Bank, on demand...
.152
ON
CALCUTTA,
Telegraphic Transfer
.15!
Bank, on demand..
.152
Bank, at sight
Steel...........
Quicksilver
Window Glass
Kerosene Oil
per picul
125.00 to
per box 3.90 to per 10-gal. case
1.85 to
SHANGHAI, 22nd July From Messrs. Noël, Murray & Co's. Pie Goods Trade Report).- Since the departure of last nail we have had a very welcome change in the weather, a copious rain-fall doing inestimable gool to the crops and considerably lowering the temperature. It is too soon yet to say that a good Cotton crop is as- sured, it will take the best part of a month before that can be decided, but what was beginning to look very much like its almost total destruction has undoubtedly been averted. There has been little or no change in the current price of the staple, inasmuch as the available supply is all but exbausted, and the action of our neighbours, the Japanese, in offering high prices for futures, although it has not resulted in business so far, tends towards keeping quotations firm. On the other band a further "slump" in Exchange is causing great consternation amongst all engaged in this trade, and the outlook is indeed gloomy. Several of the natives despair of seeing any re- action and have settled against their sterling contrets outstanding, thereby enormously in- urbha-es, and the creasing the cost of their Į wonder is how much buger they can stand this constant strain. Importers likewa are giving up ali-id-s of holdi gout for prices at which they can replace their sales and a selling the r cargo afoit at about curie tra es.
ON SHANGHAI ----
ON
Private, 30 days' sight. YOKOHAMA.—
On demand ON MANILA.—
On demand
ON SINGAPORE.-
On demand SOVEREIGNS Bank's Buying Rate GOLD LEAF, 100 fine, per tael
.2.40 2.44
748 - .753
..2 % pm.
..1% pm. .10.30 ..53.00
[July 29, 1897,
cent. prem. and shares offering on time at equivalent rates. Nationals have changed hands in small lots at $24, 823, and $22.75, and are still obtainable at the last rate. Bank of Chinas continue neglected and out of the market.
MARINE INSURANCES.-China Traders and Unions have been enquired for in a small way at $77 and $2274 without leading to business, whilst Cantons and Straits have still been on offer without sales. The Northern Insurances
have changed hands in the North at quotations.
FIRE INSURANCES.-Both Chinas and Hong- kongs have been neglected, with little or no business at $107 and $360, closing with sellers.
SHIPPING.-Hongkong, Canton and Macaos have continued to rule dull, although a demand at $34) in the early part of the week was not met; market closes steady at 8344. The Company has now issued a report which recommends the payment of a dividend of $1.20 for the half-year and carrying forward $29,97401 to credit of working account; the figures compare favourably with last half-year's accounts. Indo-Chinas have been dull and more or less neglected, small sales only at $501 and $50 having taken place. Douglases con- tinue quiet and almost without business at $67 and $664. China and Manilas have also ruled quiet and without business. China Mutuals are enquired for in a small way at quotations.
REFINERIES.-China Sugars have continued more or less neglected, sellers at $144 having ruled the market. A few transactions are re- ported at $1433 at which the market closes quiet. The large number of shares to be cleared at high rates for the approaching settlements is the chief canse of the depression. Luzons have found buyers at $47 and $47), closing steady.
MINING. Punjoms remained quiet during the early part of the week with but little business at $7.75 for ordinaries and $2.30 for prefs; at time of closing business is reported at $7 for ordinaries and $2.25 for prefs." New Balmorals have changed hands at $2.10 and $2 for prefs. and at $1.90 and $1.70 for ordinaries. Jelebus have found buyers at $2.10, $2.15, and $2.25, closing steady at $2.10. Raubs in the early part of the week showed some signs of recovery and shares changed hands at $24 in fair quantities. UponSingapore, however, resuming the bombard. ment the rate gradually fell again to $24 and $23.75, after small sales at $244. The Company have notified that a dividend of 1/ per share will be paid in August, making 2/ paid in dividends in six months, a very good result with only 20 stampers and with their large reserve of ore and the recent developments of the mines one that is not unlikely to be maintained. Mr. Bibby, the manager, goes home via Suez to arrange about the electric plant and owing to ill health. It is not yet quite certain when the new forty head of stampers will be working, but in an ordinary way another six or eight months should see them in full swing and the output will of course be greatly increased. Olivers have ruled quiet with but small salés of A's at $20 and B's at $5.75. Great Easterns have changed hands at $2.60 and can still be obtained at that rate. ·
DOCKS, WHARVES, AND GODOWNS.-Hong- kong and Whampoa Docks continue neglected with sellers at 240 per cent. prem. and buyers at $238 and no business. Kowloon Wharves have ruled quiet with small sales at quotation. Wanchais have changed hands at quotation.
LANDS, HOTELS, AND BUILDINGS.-Hong- kong Lands have been negotiated in small lots at $77 cum dividend, and Kowloon Lands at quotation. Hotels continue on offer at $50 without business. Humphreys Estates have found buyers at $9.25 and more shares are wanted % pm at the rate, sellers holding for $9.50. West Points quiet and without business at quotation.
MISCELLANEOUS.-Green Islands have ruled weak with sellers and no buyers at $384, $38, and $37. Watsons have been on offer at $12.70 without inducing buyers to come for- ward. Electrics and Ropes have changed hands at quotations, and Tramways and Ices have been on offer without leading to business. Fenwicks have improved to $29 with sales. It is reported that the Company has disposed of its Kowloon property for $23,00). Cotton mills have ruled weak without business; the closing quotations for these are taken from Shanghai.
JOINT STOCK SHARES. HONGXOVG, 23th July-Business continues very slack ant the market dall. Rates during the week have ruted steady, with an inclination to weakness. and the in irket closes without any apparent spus of revival. BANKS.-Hong coug Ind at business is almost out of the question in English goods, but
and Shanghais un- ohanged with small sales at 183 and 189 per
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