66-
CAMPHOR.
HONGKONG, 15th July. The market has im- proved and prices are higher. Quotations for Formosa are $42.00. to $42.50. Sales, 200 picule.
SUGAR.
HONGKONG, 15th July.-The market continues weak and prices show a further decline. Quota -tions are :—-
Bhekloong, No. 1, White...$7.31 to
51
7.34 per pel.
Ft
do.
%, White... 7.10 to 7.13 Shekloong, No. 1, Brown... 4.80 to 4.82
do.
2, Brown... 4.70 to 4.74 Swalow, No. 1, White... 7.22 to 7.25
do.
2. White... 6 98 to 6.02 Swatow, No. 1, Brown... 4.72 to
do.
2, Brown... 4.67 to Foochow Sugar Candy ..............11.20 to 11.23 Shekloong
...... 10.70 to 10.78
11
29
""
12
4.75
53
4.70
J
T
MISCELLANEOUS EXPORTS. Per America str., Armenia, sailed on the 7th July. For Port Said :-5 boxes essential oil. For London:-22 cases bristles, 17 cases China- ware, 10J casks soy, and 6,014 packages mer- chandise. For Hamburg :- cases tea, 4 cases feathers, 8 packages rattanware, 10 cases paper, 11 bales bambooware, 15 packages merchandise, 43 cases Chinaware, 43 cases fans, 70 oasOS bistles, 108 roʻls matting, 110 cases cassia buds, 183 packages canes, and 500 bales broken cassia, For Antwerp:-1 package tea, and 10 packages canes. For Amsterdam :-3,381 packages mer. chandise. For Hamburg and/or Antwerp 26 cases merchandise, and 45 bales feathers. For London and/or Hamburg and/or Antwerp:- 90 cases bristles. For Londou and/or Antwerp and/or Hamburg and/or Bremen and/or New York:-814 bales feathers.
OPIUM.
HONGKONG, 15th July.-Bengal-There has been a briak demand for this drug, and owing to small stock in first hands, and favourable advices from India, a steady improvem nt has taken place in prices, latest figures being $720 for New Patna, $700 for Now Binars, $757) for Old Patus, and $730 for 011 Benares.
Malwa-The market has ruled dull and trans- actions have been few and unimportant. Current qutations are as follows:-
"
}}}
51
"
"
Old (2/5 yrs.) $78) with all'nce. of to 21 cts
(6/7,
) $8:0
of to 2} of 1 to 2 (8/10,, ) $340 Persian-Business has been up to the average, quotations closing at $490 to $630 for Oily, and at $50 to $700 for Paper-wrapped drug.
To-day's stocks are estimated as under:-
New Patna.
Old Patna.
New Benares
Old Benares..
Malwa ******* Peraian
450 chests
160
250
"3
130
12
230
350
COURSE OF THE HONGKONG OPIUM MARKET.
THE HONGKONG WEEKLY PRESS AND
[July 16, 1898.
at $.9. 50 bales No. 20 at $98. No. 22/24 Farn.~ | This would seem to show that buying is confined 10 bales R. and Y. Flower at $110, 50 bales | to goods for current requirements, all purchases Green Lion and Cart at $110. No. 40 Yarn.— ] of a speculative nature being avoided. This is 25 bales Red Creat at $128. T-Cloths.--1,125 pieces 7 lbs, Mox Wind Wheel at $2.82), 875 pieces 7 lbs. B. Dog 8. 10 at $2.821. Turkey Reds. -500 pieces 1 lbs. Mandarin at $156, 4,00 pieces 1 lbs. Mandarin et $1.56 arrive. Bengal Cotton.-100 bales at $18.25, 100 bales at $18. Drills.-75 pieces 18 lbs. Blue Stamp at $5.15. Black Lastings.-200 pieces J. M. at 16.75.
METALS.-Tin.-100 slabs Foong Chai at $49.75. Lead.-1,680 pieces Australia at $8.80 arrive. Tin Plates.100 cases at $8.05, Wire Nail Iron.- 100 Kegs at $5.05. COTTON YARN.
per bale Bombay-Noa, 10 to 20s................ 68.00 to 101.00 English-Nos. 16 to 24.........108.00 to 114.00 22 to 24..... ....110.00 - to 116.00 28 to 32 ........121.00 to 125.00 38 to 42.........130.00 to 136.00
PJ
12
COTTON PIECE GOODS.
Grey Shirtings-6lbs.
7lbs. 8.4 lbs.
9 to 10 lbs
53 to 60 64 to 66 Fine
11
"
White Shirtings-54 to 50 rd. 2.10 to 2.76 to 3.55 to 4.85 to Book-folds, 3.80 to
1.75 to
2.00 to
2.50 to 3.40 to
6lbs. (32 ), Mexs.
1.90 to 1.70 to
per piece
1.85 2.7) 8 20 4 15
2.50 3.45 4.40 7.35 6.70 1.80 1.75 2.15
7lba. (32,, ),
2.10 to
8 to 8.4 oz., (36 in.) Drills, English--40 yds.,13 to
14lbs
2.40 to
3.75 to
1.85 2.80 3.25
5.15
...
Victoria Lawns-12 yards 0.65 to T-Cloths-6lbs. (32 in.), Ord'y, 155 to
7lbs. (32,, ),
FANCY COTTONS
3.
Turkey Red Shirtings-1 to 1.60 to
8lbs. Brocades-Dyed
Damasks
Chiutzes-Assorted
Velvets-Black. 22 in..
5.00
3.00 to 5.60
per yard 0.12 to 0.16 0.08 to 0.14 0.20 to 0.45
Velveteens-18 in.
0.17} to 0.18
per dozen Handkerchiefs--Imitation Silk 0.45 to 0.90
WOOLLENS
per yard Spanish Stripes-Sundry chops. 0.57) to
German..
1.15 to Habit, Med., and Broad Cloths. 1.25 to
Long Ells-Scarlet
Assorted
Camlets-Assorted
Lastings-30 yds., 31 inches, Į
Assorted j
Orleans-Plain
Blankets-8 to 12lbs.
METALS
Iron-Nail Rod
Square, Flat Round Bar
Wire 15/25
Old Wire Rope
Lead, L. B. and Hole Chop
Australian...
Swedish Bar
PATNA,
BENARES.
MALWA.
Small Round Rod
DATE.
New.
Old.
New Old
New.
Old.
Hoop to 11/2 in......
1898. July 9
$
$
$
$
7082 745
692
730
July 10
7081 745
692
730
July 1 July 12
710 745
695
730
715 750
695 730
July 13 720 7524 700 730
July 14 July 15
720 7571 700 730 720 7571 700 730
RICE.
780/810/940
HONGKONG 15th July.-A large demand has been experienced from Shanghai and the Northern provinces and prices are rather firmer. Quota- tions are:-
Saigon, Ordinary...
$3
31
Round, good quality. Long
3.05 to 8.10
........$2.92 to 2.95
3 45 to 3.48
No. 1
3.05 to 3.10 3.60 to 3.64 4.35 to 4.40 4.72 to 4.75
Siam, Field, mill cleaned, No, 2
Garden,
J
White
#7
Fine Cargo
MISCELLANEOUS IMPORTS.
HONGKONG, 15th July.-Among the sales reported during the week are the following:-
YARN AND PIECE GOODE:-Bombay Yarn.- 70 bales No. 8 at $76, 1,300 bales No. 10 at $72 to $91,850 bales No.12 at $80 to $86, 575 bales No. 16 at $85 to $94.75, 450 bales No. 20 at $92 arrive to $99. Japanese Tara.-50 bales No. 10
1.40 1.50 5.25 per piece 6.50 to 10.00 6.60 to 10.00 12.50 to 82.00
10.00 to 21.00
7.00 to 8.50
per pair 3.50 to 14.00
per picul
4.00 to
414
4.00 to
p.75 to
4.40 to
4.50 to
8.50 to
1.50 to 3.00
8 70 to
8.70 to
Yellow M'tal-Muntz.14/20 oz. 32.00 to Vivian's, 14/20 oz. 31.00 to Elliot's, 14/20 oz. 81.00 to Composition Nails ........... 46.00 to Japan Copper, Slabs...... 36.00 to
Tiles
29.00 to Tin
'Tin-Plates
Steel to SUNDRIES
Quicksilver
to
per box.
5.90 to
per cwt. case
5.50 Lo
per picul ...145.00 to
Magand
per bor 4.40 to per 10-gal. case
2:17 to
Window Glass
Kerosene Oil SHANGHAI, 9th July-(From Messrs. Noël, Murray & Co.'s Piece Goods Trade Report).— In spite of the intense heat that has prevailed throughout the week we have to report a little more activity in our market for Manchester goods. There seems to be a steady, but not altogether general demand for grey textiles, as it is restricted almost entirely to old, well known chops, new cloths being very difficult to move.
|
no doubt on account of the conviction that there will be less tension in the markets all over the world so soon as the War now raging between the United States and Spain is ended, and, according to telegrams received this morn ing, negociations with that object are already proceeding in the Capitals of the two countries
concerned. At the same time a cessation sof hostilities will most surely weaken Silver, and cause such a drop in Exchange that will counteract any decline that may take place in the home markets. With the Philiphines and Cuba in other hands valuable markets, that have hoen almost closed by protection to the Manchester trade, will be re-oponed no doubt. Advices.from Newchwang are bad again and consequently the anticipated buying for that maaket has not taken place. The Tientsin trade continues satisfactory, but the element of direct ship-
ments from New York and Manchester thren- tens to make an important impression on our trade with that dependency. The facilities that the Foreign houses established there are giving. to buyers must tell in the long run, if they can afford to keep them up. We are credibly informed that the system being introduced there at present- is to give the buyer two months' credit, with liberty to take a part, or the whole of the gonde as soon as he likes, without the payment of bargain money or anything until the date, when the whole amount has to be paid in full. This of course gives the buyer on those terms a tremend. ous pull over his neighbour who buys from this market, but it will be strange if this does not lead to serious complications if it is indulged in to any great extent. With Hankow and the Kiverine markets generally a quiet but steady business is in progress, but Ningpo remains very dull. A notification has been published by the Imperial Maritime Customs announcing the open- ing of all internal waterways to steam navigation, but some of the conditions will have to be con- siderably modified before any use can be made of...... this concession. At the Auctions prices have been fairly well maintained, but clearances are indiffer. ent, no doubt owing to the stringency in the money market, native interest, although only about 71 per cent. at the close, has been very high during the interval.
METALS, 11th July.-(From Messrs. Aler Bielfeld & Co.'s Report).—The principal business has been in goods offered at auction, only one home order being reported. Of auction goods, three or four times the amount actually sold was offered, but withdrawn because the price realised did not warrant the sacrifice. Until these auction * prices more nearly approach the laid down cost, there is little hope for new business. The following has been done:-100 tons Boiler Tubes at 99.. c.i.f.
JOINT STOCK SHARES. HONGKONG, 15th July-A further rise in Hongkong and Shanghai Banks, but a slightly weaker feeling in the market generally, are the chief features of the week under review.
BANKS.-Hongkong and Shanghais.—An un. satisfied demand for several fair lots gradually sent the market up to 205 per cent. prem., at which rate shares changed hands with few if any sales between that rate and 198 per cent. At time of closing shares are still prom. enquired for at the higher rate of 208 without bringing out sellers. Nationals are still offer- ing at $17 without sales or buyers.
MARIN INSURANCES.-China Traders have again changed hands at $62, which is all the business to report under this heading except a small sale of Ûnions at $215.
FIRE INSURANCES.-Both Hongkongs and Chinas continue dull, with a small sale of the former at $330.
REFINERIES-China Sugars have ruled somewhat weaker with small sales at $167 cash- and at $171 for August, closing with sellers at those rates. Luzons have been negotiated at $374 and $38.
MINING.Punjoms continue steady with small sales at $5.50 and 85.75. Olivers and Balmorals neglected; Jolebnis have changed hands in small lots at $3.80. Charbonnages con- tinue on offer at quotation without business. Raubs remain very quiet with little or no
business.
DOOKS, WHARVes, and Godowns.-Hong kong and Whampoa Docks are still neglected, but small sales have been effected at 250 per cent. prem, cash and 255 for August, sellers at 250 ruling the market at time of closing. Kow-