"
318
dries, 200 cases camphor, and 14 p'ckgs dried fruit. For Hamburg/London/Amster- dam and Rotterdam:-100 casks ginger and 1,100 boxes ginger. For Rotterdam :--50 boxes ginger. For London:-200 boxes Finger: For Montevideo:-10 p'ckgs tea. gor Buenos Aires:-10 p'ckgs tea. For Rosario:-10 p'ckgs tea. For New York :- 142 balės ruttauware,
THE HONGKONG WEEKLY PRESS AND
Siam, Field, mill cleaned, No, "
11
Garden, White..
No. 1
Fine Carg
COALS
"
2.72 to 2.75 2.99 to 3.05 4.10 to 4.13 4.26 to 4.30
HONGKONG, 20th October. -Market steady. Sales of Japanes» 5.000 tons at $8.73 and $10.23 and 1,000 Australian at $10.50 for Lump. Quota- tions are:-
Cardiff ......
Australian.....
$16.50 to 17.50 ex ship. ($8.52 small.
10,30 lump.
Mike Tumo... 10,00 to 10.50 ex ship, nominal Miike Small... 85 to 10.50 nominal Moji Lump 8.0 to 9.50 ex ship, steady
Per steamer Preussen, sailed on the 12th Oct. For Genoa-77 bales waste silk. 75 bales raw silk, 2 bales canes, 2 bales strings, and 1 box fans.
feathers, For Antwerp: 289 bales
112 bales rat tancore, 48 rolls matting, 39 pack. ages canes, 30 chests tea, 20 cases bristles, 16 bales bamboo tape, 16 bales leaf tobacco, 5 cases chinaware, 4 cases cigars, and 1 case jam. For Antwerp/ Adam./Rdam:--100 casks gin-reported are the following:- ger. For Amsterdam:-175 casks ginger, 36 cases chinaware, and 2 cases cigars. For Amsterdam/Rotterdam:-100 casks gin. ger. Fot Rotterdam:-1,150 cases preserves, 200 casks preserves. 150 case ginger, and 8 bales leaf tobacco. For Bremen: -96 rolls matting, 5 casks ginger, 3 coses tea, 2 cases private effects, 2 cases sundries, 1 case curios, case chinaware, and 1 case cigars. For
Bremen/Hamburg: 42 rolls matting, 12 casès ginger, 3 boxes sundries, and I box silk. For Hamburg:-83 bales feathers, 47 rolls matting, 25 casks ginger, 3 cases cassia, 1 case private effects, 1 bale cassia, and 1 box clothes.
MISCELLANEOUS IMPORTS. HONGKONG 20th October -Amongst the sales
Per steamer Yarra, sailed on the 13th Oct For France:-311 bales raw silk, 7 cases silk, 3 cases feathers, 50 cases staraniseed 864 packages tea, 32 packages hair, 1 case chinaware, 1 case chinese wine, 67 packages galangal, and 3 bales hemp. For Milan:-10 bales raw silk.
OPIUM.
HONGKONG, 12th October.-Bengal. The mar- ket continued on the decline until towards the close when, after recling 10 $705, it rallied slightly, latest quotations being $7131 for New Patna and $710 for New Benares,
Malwa.-There has been a further decline in this drug owing to the rise in the exchange on India and to forred sules. Current rates are as follow:-
|
85.60
YARN AND PIECE GOODS: -Rombay Yarn.- 55 bales No. 6 nt $85.59, 75 bales No. 8 at to $85, 940 bales No. 10 at $89 to $98, 360 bales No. 12 at $90 to 807, 610 bales No. 20 at $104 to $114. Japanese Yarn-111 bales No. 16 at $102 to 2104, 135 bales No. 20 at: $166.50 to $110. White Shirtings-600 pieces Gold Tiger at $6.25, 500 pieces X. 8 at $4 45.
Fellino
METALS.-Tin.-100 slabs Siam At $39 60. Lead-847 piruls Australia at $8.60. Metals-50 cases New Brand 14'20 ozs. at $29. Quicksilver-200 flasks at $122,
SHANGHAI. 14th October.-(From Messrs. Noël, Murray & Co's. Piece Gools Trade Report)—The lapse of time fail to bring any relief to our market, which is really fast going from bad to worse. Exchange has remained steady since the mail left at three farthings over the then closing but still business quotation for "immediate,
has been found impracticable owing to the wide difference in the "forward" rates. Some of the natives are anxious to place orders for the Spring, but as a rule will only guarantee 2/5) Exchange, which just about represents the difference now existing between the Manchester market and this at the present rate; 'consequently very little has been done. Advices from the North report more movement in gods generally, but at lower prices, which cannot fail to be reflected here, in fact have already done so, if the Auction price can be taken as any crition. The market is, without question, in a very sad predicament, the ont-look being mest gloomy, and it is really difficult to see where any relief; is to come from, It is hopeless to expect any this season, the only chance bring a decid d falling off in the importa. tions during the next few months so that our present beary stock may be reluced, as with Persian. Business has been fairly active dur-anch a deal weight it is quite impossible ing the interval aml rates are firmer. The latest figures are $500 to $6-0 for Oily and $550 to $710 for Paper-wrapped according to quality. To-day's stocks are estimated as under: New Patna.
...1,270 chests.
70-1
New (this yr's) $800 with allowance of 13 to 2 cts.
(last
) $880 oia (2/5
) $850 (6/11,, ) $890
JJ
31
New Benares
Malwa
Persian
זו
.
1
A
to 2 to 2
25
""
to I
"
350
>
620
>
COURSE OF THE HONGkong OptuM MARKET.
$
PATNA.
BENARES.
MALWA.
DATE,
Now. Old. New.
Old
1897.
$
$
New. Old.
$
Oct. 13 715
715:
.Oct. 14 710
710-
Oct. 15 710
710
Oct. 16 705
705
Oct. 17 705
705
Oct. 18 705
705
Oct. 19 707 Oct. 20 712}
7021
800 830 850:890 800 830 850 890 800 830 850/890 1800, 830 850 890
to carry
on
This can
successful trade. only come about by a continuance of the high rats in the home markets, but already manufacturers, especially in the States, are begin. ning to offer goods at lower prices, and will doubtless soon find speculative buyers, although most of the regular Importers set their faces against doing a business which must prove de trimental to the interests of themselves and the trade generally. Manufacturers in the States had timely warning from this as to what the situation would be here at the end of this year, and it depends largely on their action whether the trade is allowed to naturally revive or become. utterly demoralized.
METALS. 13th Oc'ober.-(From Messrs. Alex. Billeld & Co's. ` Report.)-Still the terrible uncertainty continues and every branch of trade is in a state of stagnation. The advices from home are of a very uncertain nature, and, 800 530 850 890 basing their opinion upen private information, almost every merchant has his own opinion of
will
but course excbange
take. Thia
| 800 830 850 890 800-830,850 890 800/830 850/890
710
COTTON. HONGKONG, 20th October.-Market weak and a drop of $0 to $0 has been further established. Stock, about 2,950 bales.
Bombay Kurrachee
Bengal, Rangoon, and
Dacca
$17.50 to 17.75 p. pl.
16.00 to 16.50
17.00 to 17.50
JJ
事务
+
Shanghai and Japanese.. 20.00 to 21.50 Tungchow-and Ningpo.. 20.00 to 21.00 Madras (Best).. Sales: 1,075 piculs Bengal, Kingoon, and Dacca.
RICE.
17.00 to 17.50
"1
HONGKONG, 20th October.-A brisk market is reported and a further advance in prices has taken place. Quotations are :—
Saigon, Ordinary...................
$2.65 to 2.68 Round, good quality........ 2.77 to 2.82 Long
crazepin/skoman?praf... 2.97 to 3.00
the
[October 21, 1897.
mentioned:-500/600 tons Goffins Nailrods, 137/6, c. i. f. 1,500/2,000 boxes Bamboo steel, Double Horse £12 to- £12/6. c. i. f. 100 tons Glasgow and Liverpool Horse-shoes at 87. c. i. f. 100 tons Cart Tyres at 97/6. c. i. f.
ON LONDON.-
EXCHANGE. WEDNESDAY, 20th October.
Telegraphic Transfer
Bank Bills, on demand
1/118 1/117%
Bank Bills, at 30 days' sight 1/11 Bank Bills, at 4 months' sight...1/11-2 Credits, at 4 months' sight
Oh PARIS.~~~
ON GERMANY.—
ON BOMBAY.-
1/11
Documentary Bills, 4 months' sight 1/11
Bank Bills, on demand
2.46
Credits, at 4 months' sight
2.50
On demand
.1.981
ON NEW YORK.-
Bank Bills, on demand
.477
Credits, 60 days' sight
.491
Telegraphic Transfer. Bank, on demand..
.1491
.150
.1491
150
.74
.743
.33 % pm.
2% pm.
.4 % pm.
10.08 54
ON CALCUTTA.—
Telegraphic Transfer Bank, on demand.. ON SHANGHAI.~~
Bank, at sight Private, 30 days' sight. ON YOKOHAMA -----
On demand.
ON MANILA.—
On demand. ON SINGAPORE.—
On demand.. SOVEREIGNS Bank's Buying Rate GULD LEAF, 100 fine, per tael
-
JOINT STOCK SHARES.
October. HONGKONG, 20th
- Rates have ruled fairly steady during the week and busi- ness is still rather dull, the chief feature of the market being a small boom in China Sugars.
BANKS. Hongkong and Shanghais have changed hands at 178 and 177, closing steady at 178 per cent. prem. Nationals after sales in the early part of the week at $19), $192, and $20, improved to $20 and $21 with sales and close with buyers at the latter rate.
MARINE INSURANCES.--China Traders have found small buyers at $73, but sellers at that rate continue to rule the market. Unions and Cantons have remaned on offer at quotations without leading to business. Straits have been negotiated at $184 and $19, and North Chinas and Yangtszes continue quiet with only small sales up North at quotations.
FIRE INSURANCES.-Hongkongs have ruled very quiet with only small sales at $3673 and 8370, closing with sellers at the latter and pro- bably at the former rate. China Fires have changed hands at $106 and $107 and close with buyers at the latter rate.
SHIPPING. Hongkong, Canton and Macaos remain unchanged and neglected at $314, sellers ruling the market and only small sales to report. Indo-Chinas are still enquired for at $50; holders still refusing to part at that rate business has Douglases unchanged been very restricted. and without business. China Mutuals are still enquired for, but no transactions are reported.
REFINERIES.-China Sugars continuing on offer during the early part of the week at $1461 fell another point with sales at $146; later, further tends to induce s, eculation in exchange, however, a sudden and steady demand sent the rate up to $150 with little or no business at and as a matter of fact this is the only business that is being done. In all the Import lines intermediate rates; at $150 a fair number of alter stagnation is the rule. To still further shares changed hands and the demand con- strengthen this uncomfortable state of affairs, tinuing the market further strengthened to cones advices from home that freights are $152 after fair sales at $151 and $152. In
or all booked up to exceedingly scarce,
the Shanghai the market was excited and sales end of this year, at least. So emphatic are reported at $154 cash. At close the market is much easier with sellers at $151. Luzons con- some of the telegrams on this point that we hear that several orders which were on the tinue entirely neglected and out of the market, point of being closed have fallen through but could probably be placed at 834. owing to the fear of being unable to make delivery on time. It is currently believed among the native dealers, who are best posted, that more business could be done at current rates were it not for this clog. In Metals, a few small contracts have been closed since our last, but these are, as will be seen, merely sufficient to fill current needs, and owing to the two causes hampering trade mentioned above, this is all that is attempted. The following are the transactions 1 closing steady at the last rate,.
MINING-Punjoms, which have ruled very quiet and weak, have changed hands at 4 and $4.15, closing steady. Jelebus and New Balmorals, both ordinary and preferences, have found small buyers at quotations. Olivers have ruled quiet at $34 to $71 with small sales. Raubs have been unusually quiet with only small sales at $221, $221, $22, and $21,
}