862
MISCELLANEOUS IMPORTS. HONGKONG, 28th October.-Among the sales reported during the week are the following
YARN AND PIEON GOODS
-Bombay Yarn.
THE HONGKONG WEEKLY PRESS AND
|
"fairly brick, this being the only redeeming feature. In Old Irons there has been no business, offers not even being made at auction, as all the dealers have stocks and object to such a price as they could offer. A few hundred tons of Nailrods are said to have been done at between 2.62), and 2.674, from stock and at auction 76 tons of Steel Plate Cuttings at 1.97 and 25 tons Horse-shoes at 1:96, complete the record. There are reported to be stocks of Bright Iron Wire Nails sufficient for ten months' needs. COTTON. YARN.
Bombay-Nos, 10 to 20s. English-Nos. 16 to 24..
22 to 24.
.
28 to 32.... 38 to 42.
COTTON PIECE GOODS.
Grey Shirtings-6lbs.
per bale 62.00 to 95.00 09.00 to 106,00 .100.00 to 108:00 114.00 to 120.00 .122.00 to 128.00
White Shirtings-54 tó 58 rd.
50 bales No. 6 at $74, 1,800 bales No. 10 at $66 to $85.50, 850 bales No. 12 at $60 to $84.50, 50 bales No. 16 at $82.50 to $86 arrive, 950 bales No. 20 at $80 to £89.50. Japanese Tarn.-50 bales No. 20 at $87, Grey Shirtings.-250 pieces 10 lbs. Stag at $3.85, 250 pieces 10 lbs. Flower Vase at $885, 600 pieces 87 lbs. Red Seal at $2.55, 600 pieces 84 lbs. Blue Seal at $2.87, 500 pieces 10 Ibe. Blue 2 Stag at $8,70, 500 pieces 10 lbs. Flower 20Vase at $3.85, 250 pieces 10 lbs. Stag at $8.85, 800 pieces 84 lbs. B Joss No. 1 at $2.95, 600 pieces 83 lbs. 2 Fish at $2.80, 600 pieces 8 lbs. Blue Joss No. 1 at $2.95, 1,200 pieces 8 lbs. Blue Seal at $8.873, 600 pieces 8 lbs. Blue Joss No. 1 at $8.95, 600 pieces 84 lbs. Blue Joss No. 2 at $2 921, 1,000 pieces 10 lbs. Blue two Stage at $8.70, 600 pieces 10 lbs. Stag at $3.85. White Shirtings. 600 pieces Gold Goose at $1.271, 800 pieces Gold Tiger at $6, 250 pieces S. Q at $4.86, 500 pieces Gold Goose at. $4.271, 500 pieces 8 Q at $4.55, 260 pieces Gold Goose at $4.271, 250 pieces SQ at $4.35, 200 pieces Blue Lion at $5.85. T. Cloths-750 pieces 7 lbs. 8il. Pheasant at $1.82), 760 pieces 7 lbs. Silver Dragon at $2,15, 750 pieces 7 lbs. Red Stag at $2.30, 800 pieces 8 lbs. Mex. [V V at $2.92], 800 pieces 8 lbs. X X at $2.971, 760 pieces 7 lbs. il. Pheasant at $1.82), 750 pieces 7 lbs. 8il. Lion No. 2 at $1.77, 800 pieces 8 lbs. Mer. V V at $2.921, 300 pieces. 8 lbs. X÷X_at $2.87), 600 pieces 8 lbs. Mex. Red Stag at $2.721, 875 pieces 7 lbs. Sil Lion No. 2 at $1.77). Drills--300 pieces 16 lbs. Large Eagle at $5.32), | FANCY COTTONS 600 pisces 14 lbs. No. 250 at $8.50. Spanish Stripes.-60 pieces Assorted B B B. at $0.64, 60 pieces Assorted. B B B at $0.64, 60 pieces Assorted B B B at $0.64. Long Ells-125 pieces Red Stag at $6.80, 600 pieces Gree Stag s at $6.90, 250 pieces 8 lbs. Scarlet Stag at $6.80.
Black Lastings-100 pieces J M at $16.
SHANGHAI, 22nd October.-(From Messrs. Noël Murray & Co.'s. Piece Goods Trade Report.)— News has come from the North during the past week which seems to hold conclusive evidence that the Emperor is still living, although he is deposed from power, all edicts being now issue t in the sole name of the Empresa Dowager. This is not so bad as-was at first feared, for while there is life there is hope, and much more chance for the reform movement if there is any possi -bility of a restoration. Concurrently with this news a brisk enquiry sprang up for goods for the North, Newchwang more particularly, in anticip- ation of the early closing of that Port. This has given quite a stimulus to the market and a very much better feeling prevails, although so far American goods have monopolised most of the attention. Weak holders amongst the Natives have been practically cleared out and prices are firming up all round. This will doubtless be the signal for the buyers for other markets to bestir themselves, and already more general..activityt is discernible. English makes as yet have no received much attention, owing probably to the firmness of holders, who see but little chance of replacing at current rates; there is a good deal of enquiry, however, and the strength of the home market must soon be reflected here, with the prospect there is of only very moderate sup plies for the commencement of the new Season. The markets in Ningpo and this neighbourhood are decidedly active, and a further substantial advance was paid for Cotton goods at the Auctions this week. There is more activity in the Yarn market and prices are gradually showing some recovery, though so far this is confined to Indian Spinnings. Local Taras calving more attention, but operators are only buying from hand to mouth, being afraid to commit themselves for any dis tance ahead. -- The Mills seem to be adopting the policy of prompt sales and quick returns. The following extract from the annual report of the Yah Loong Cotton Spinning Company, Limited, which has just been issued, well describes the position of the Mills here: The high price of Cotton during the past twelve months has milit- ated against profitable results, while the deplor- able state of the Yarn market, owing to Shanghai having become the
the dumping ground for the
arë re-
over-production of Bombay and Japan, bas led to & range of prices below the cost of production. The demoralized state of the market induced the
ON NEW YORK
ON BOMBAY
ON SHANGHAI,
[October 29, 1998
Bank Bill, on demand. Credits, 60 days' sight
48
Telegraphic Transfer Bank, on demand.
144
145
ON
CALOUTTA.
Telegraphic Transfor
1444
Bank, on demand.
145
Bank, at sight
721
41% pm.
...2% pm.
11% pm. 10.18
53.50
Private, 30 days' sight.
ON YOKOHAMA,
On demand.
ON MANILA.—-*
SOVEREIGNS Bank's Buying Rate GOLD LEAF, 100 fine, per tael
JOINT STOCK SHARES.
On demand.
per piece
ON SINGAPORE.
.....................
1.70 to
1.80
On demand.
7lbs. 8.4 lbs.
1.92 to
2.00
2.30- to
8.05
9 to 10 lbs.
8.20 to
4.00
2.80 to
2.60
58 to 80
2.70% to
3.85
64 to 66 Fino
8.45 to
4.80
Drills,
141b8........
4.80% to 7.00 Book-folds. :8.70 to 5.60 Victoria Lawns-12 yards: 0.64 to 2.1.80 T-Cloths-Glbs. (32 in.), Ordʼy. 1.52 to 1.78
7lbs. (88,, ),
1.85 to 201 6lbs. (82,,), Mers., 1,62 to 1.82 7lbs. (32, );
2.03 to 2.75 8 to 8.4 oz., (36 in.) 2.35 to 9,20 English-40yds., 134to3.65 to
5,05
19
Turkey Bed Shirtings—14 to
8lbs.
}
-Brocades-Dyed
Damaska
Chintzes-Assorted
per yard 0.12 to 3.08 to
Velvets-Black, 22 in......... Velveteens-18 in.
0.20 to
0.16 0.14 0.45 0.17 to 0.18
per dozen
7
1.50 to - 4.85
5.00
-Handkerchiefs-Imitation Silk 0.45 to
WOOLLENS
0.00 per yard Spanish Stripes-Sundry chops. 0.60 to 1.40
German....... 1.16 to 1.50. Habit, Med., and Broad Cloths. 1.25 to 5.25
per piece Long Ells-Scarlet
6.80 to
8.25 Assorted
6.40 to 8.31 Camlets-Assorted
................................ 12.25 to 81.50 Lastings-30 yds., 31 inches,
10.00 to 20,00 Assorted
7.00 to
per pair 3.50 to 14.00
per picul
· Orleans-Plain
Blankets-3 to 12lbs. METALS
Iron-Nail Rod
Square, Flat Round Bar Swedish Bar
...
9.70 to
3.76 tó
5,50 to
4.25 to
5.25 to 8:50 to
Small Round Rod Hoop to 11/2 in.............. Wire 15/25
Old Wire Rope
Lead, L. B. and Hole Chop
Australian...
8.50
1.50 to 2.50 8 40 to 8.85 to
Yellow M❜tal-Muntz,14/20 oz. 82.00 to Vivian's, 14/200%. 82.00 to Elliot's, 14/20 oz. 81.50. to Composition Nails ......................................
46.00 to Japan Copper, Slabs............ 80.85 to
Tiles ........
81.50 to Tin
to per box. 5.90 to per ewt. case
5:25 to
per picul 133:50 to
Tin-Plates
Steel + to SUNDRIES
Quicksilver
Window Glass
Kerosene Oil
ON LONDON.-
per box 4.55 to per 10-gal, caes
2.14 to
EXCHANGE. A
FRIDAY, 28th October.
Telegraphic Transfer Bank Bille, on demand Bank Bills, at 30 days; sight Bank Bills, at 4 months sight...1/117 Credits; at 4 months' sight
∙1/11
1/11
1/14
Documentary Bills, 4 months' sight 1/114
METALS, 24th October (From Messrs. Alex. Bielfeld & Co.'s. Circular-Deliveries have been.
ON
Bank Bills, on demand Credits, at 4 months" sight GERMANY.-
2.45
2:491
On demand
1971
Directors to check the Mill's production by the f
temporary cessation of night work, the resump. On PARIS.-—-
lon of which will depend on the future course of the Yarn market.
HONGKONG, 28th October. A fair amount of business has been transacted during the week and the market closes steady with a firmer tendency. BANKS. Notwithstanding the disturbed state of the political horizon Hongkong and Shanghais in the early part of the week ruled steady and unchanged with sales a
at 220 per cent, prem. cash and reported small ones at 222, On time a fair business has been done at 226 and 225 for December, and at 229 and 228 for January, whilst a small sale was reported at 230 for the former month. At time of closing, on account of better political news, shares are wanted at 223. Nationals continue in demand at $17, but without business.
MARINE INSURANCES-China Traders con- tinue in request at $58 and small sales have been effected at that. Unions have changed handa at $210 and are wanted. Cantons are still enquired for at the advanced rate of $130 ex dividend without bringing ont shares. Straits have been negotiated at $71 and close with further buyers at that rate. In the Nor- thern Insurances there is no business to report.
FIRE INSURANCES. - Hongkongs were sold from Shanghai at $320 and $321 and close steady at 83225. China Fires continue on offer at 890 without leading to business,
SHIPPING Hongkong, Canton and Macaos have ruled quiet with only small sales at $273 and $274 and close steady at $27, Indo- Chinas continue quiet with sellers, and few if any sales, at $60. Douglases in the early part of the week were enquired for at $514 without bringing out any sellers s and at time of closing are in demand at $53 with sales. China Manilas and China Mutuals unchanged and without business.
REFINERIES-China Sugars have been son offer during the week at $166, buyers failing to respond to any extent. Luzons are enquired for in small lots at quotation.
MINING-Punjoms continue very quiet and more or less out of the market at $517 in fact mining stock of every description has been somewhat neglected during the week. Olivers and Jelebus have changed hands in small lots at quotations, and, Raubs have been imported from the north at $361, closing with further sellers at
neglecter that rate. l'almorals have ruled
Great Easterns erratio at from $6.75 to $6.40, closing with buyers at $6.40. i
DOCKS, WHARVES, AND GODOWNS.-Hong- kong and Whampoa Docks after small sales at 262 per cent, prem are on offer at that, Kowloon Wharves could still be placed at $69, but holders continue firm and but very few shares have come out. «Wanchais remain un- changed and without business.✨ ---
Lands, Hotels, and BuildinGS. —Hong- kong Lands have further improved to $75 with sales and close steady at that. Hotels have found buyers at $56. A small lot of West Points have been done at $19), and Humphreys Estates have been again placed at 883.
found
MISCELLANEOUS Watsons. have buyers at $121, Star Ferries at 89,35, Providents at $9.40, $9.50, and 39.60, and Green Islands (old) at $26, the latter closing in demand, whilst Ices, Tramways, Fenwicks, Ropes, and Campbell and Moores continue to be enquired for without bringing out any sellers
COTTON MILLS. Have further declined in Shanghai, whilst Hongkong Cottons remain steady at $50.
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