158
delivery before January, Contracts have been made for 300/400 bales. The Export of Steam Filatures to date is : 761 bales to the Continent, 745 bales to America, and 21 bales to England. Wild Silk About 100 bales bave changed hands. Waste Silk-There has been a good demand for low Waste, and although prices are very high, bnyers seem willing to pay them; some of the transactions reported below were done last week.
pel.
THE HONGKONG WEEKLY PRESS AND
Couren oF THE Hongkong Opium Market.
$
Old.
PATKA,
BENARES.
WALWA.
DATE.
Now. Old. New. Old.
Now.
1899,
$
$
Aug. 12 845
880
830
Aug. 18
845
880
830
at Tls.
Aug. 14
845
880
8321
200 Hankow Frisonnets (Commón, whole bales)änamin
Aug. 15
8621
880
835
251.
Aug. 16
8571
880
837)
600 8sechuen Frisonnets (whole bls.)...
Aug. 17
860 ·
880
840
27.
400 Kinyuen Crapaud
do.
30.
Aug. 18
870 890
840
200 Compoo Crapaud
200 Compoo Frisonnets
do. do.
29.
500 Bolled Waste 1 and 2
26. 16)/171.
100 Tussah Waste, 60 p. o. 1, p. c. 11... -27. Pongcès —2,500 pieces have been settled.
$3/84" by 19 yards by 36/37 oz. ...at Tis. 8.15. 184/19/// by 19 yards by 28 oz. at Tls. 3.85.
EXPORT OF SILK FROM CHINA AND
AMOR JAPAN TO EUROPE.
Shanghai
Canton
Yokohaına
COTTON.
790/800/820/840
HONGENG, 11th August.-A very active mar- ket prevailed for superior gardes in which a rise of was noticeable; medium aud inferior neg- lected. Stocks, about 6.900 bales.
Bombay...
........15.50 to 16.50 picul. Kurrnobce
to
Bengal (New), Rangoon,
and Dacca
JI
16.00 to 18.50 picul.
#
1899-1900
1898-99
bales.
bales.
29,319
15,780
Shanghai and Japanese, ...19.00 to 20.00 Tungehow and Ningpo......19.00 to 20.00 Madras (Beat)
"
to
5,821
1,693
4,765 1,310
36,333
21,855
[August 19, 1899
There is a go d'enquiry still for Indian Yarns at slightly better prices, in sympathy with the advance in Bonbay. Japanese spinninga are alo improving both in demand and prio. Local: 'mill-- quiet but strong,
*ETALS, 14th August.—(From Messrs. Alori Bielfeld & Co.'s Report)-Considerable business has been done in Metals, an there has been a good demand froin- the North, orders for Olk: « Horse Shoes e ming in. Nail Rods locally havo n gone up to Tla. 3.75 per picul, but still the impor ting price from home is "l'ls, 4: so no ordering is being done, but the local price shows an upward, tendency. Business during the week was 88 follows :-7 10 tons London Horse-shoes at 887-- c. i, f. & c.; 330 tons Glasgow and Liverpool Horse shoes at 101/-_to_102/6 c.i.f. & c. ; 600 tone Glasgow, London and Liverpool Horse-shoes at Tls 2.40, spot; 100 tons Goffins sil Rods at Tls. 8.70 spot; 150 Old Cound Iron at HB3/- ci.. & ;500 canes Bamboo Steel at private terms; 500 cases Bamboo Steel Double Horse-át £14,0,0}). ci.f. & c.
JOINT STOCK SHARES. HONGKONG, 18th August.—The market con- tinues aotive, but rates, with the exception of
Sales: 800 bales Bengal (Rangoon, new), and Indo-Chinas and Hotels, have steadied consideri Bacca.
RICE.
HONGKONG, 18th August.-The supplies coming forward continue small and prices still have an
Saigon, Ordinary..
EXPORT OF SILK FROM CHINA AND JAPAN | upward tendency. Quotations are:-
..
Round, good quality. Long
.................$2.39 to 2.12 2.81 to 2.83
Siam, Field, mill divaned, No, 2
TO AMERICA.
Shanghai.
*****
1899-1900
haler, 2,236
1899-9
bales.
715
Canton ................... CERRA-4489914 1,785 Yokohama..
1,784
2,888
1,039
**
6.999
3.598
CAMPHOR.
HONGKONG, 18th Angust.-Holders are firin and prices advancing. Quotation for Forinosa are $7100 to $72.60. sales 300 picls.
stions are:-
SUGAR,
Garden,
White...
►
Fine Cargo
No. 1
414
3 10 to 3.14
2.77 to 2.79 8.26 to 3.29 3.71 to 8.72
3.94 to 3.96
MISCELLANEOUS IMPORTS. HONGKONG, 18th August.-Among the sales re- ported during the week are the following:-
YARN AND PIECE GOODS:-Bombay Yarn: -
50 bales No. 8 at $66, 1,700 bales No. 10 at
66 to. $77, 700 bales No. 12 at $68.50 to $76.75, 750 bales No. 20 at $81.75 to $88. Grey Shirtings :- 1,800 pieces 84 lbs. Elephant at $2.374, 700 pieces HONGKONG, 18th August.-The market conti-
7 lbs. Large Elephant at $1.971. White Shirtings. nuer active and prices are still advancing. Quot-36 at $5.40. 500 pieces N I at $5 07). T. Cloths.- -500 pieces Man and Lion at $4.85, 500 pieces
COO pieces 8 lbs. X M at 32.38, 750 pieces 7 lbs. Shek Joong, No.1, White...£8.35 to $8 38 μcl.
do
2, White... 7.79 to 7.80
Mex. Silver Dragon at $2.22), 750 pieces 7 lbs. Shekloong, No. 1. Brown,.. 5.72 to
Gold Dragon at $2.36, 1,800 pieces 8 lbs. CC at $3.10, 1.500 pieces 7 lbs. Mex. Gold Dragon at dow 5,2,-Brown... 5.51 to 5.58
$2.86. Drills-200 pieces 14 lbs. Peacock Chou Swatow,--No. 1, White... 8.10 to 8.14 1, White... 7.70 to 7.74
at $3.90. Velveteen.-120 pieces 18 in Black, Y No. 1, Brown... 6.57 to 5.59
Stag at $0.19 per yard, 120 pieces 18 in Blae Stag at $1.19 per yard. 2, Brown... 5.46 to 5.49 Foochow Sugar Cundy. .12.10 to 12 40 pel. Shekloomy.
.......11.20 to 11.50
"
W
..
5.78
2
>>
19
31
MISCELLANEOUS EXPORTS. Fer steamer Yarra, sailed on the 12th Aug. For Milan -10 bales raw silk. For St. Etien- ne:--5 bales raw silk. For Marseilles :-376 bales, raw silk. For Lyons;-824 bales raw silk and 100 bales waste silk. For France :- 6 cases silke, 183 bales waste silk, 108 packages tea 95 packages matting. 1 case staraniseed, and :) how cassia... For London ;--3 cases silks.
OPIUM.
HONGKONG, 18th Aug.-Bengal.-There bas been a large amount of business done during the past week and rates have advanced. The market closes firm at the following figures :--New Patna $870, Old Patna $890, an 1 New Benares $840.
Milwa. The demand for this drug has con- tinued and since the arrival of the mail steamer Bengal from Bombay about 200 chests have been soldat, slightly advanced rates. Bates are expected to advance further owing to advices from Bombay reporting the scarcity of rain there. Closing quotations are ---- Old (3 yrs.) $780 with allce of $800 (6) $820 "
$840 This drag has been neglected. Rates continue the same. Oily is quoted at $60 and Papur-tied at $650 to $750 according to quality.
To-day stocks are estimated as under.........-
903 chests 142
New
Persian
"
"
to 24 catties to 24 to 14
to
289
817
**
852
|
SHANGHAI, 12th August.-(From Messrs. Noal Murray & Co.'s Piece Goods Trade Report.) Another very quiet week has to be recorded in our market, relieved only by the satisfactory man- ner in which clearances are progressing. The lull in the demand is apparently only temporary and the dealers confidently assert that it must spring up again in a week or two, they in the meantime being busy arranging for their heavy interest in any department, at least so far as engagements. The business done is of little reported, and we do not think much has been kept back this week. Importers, as a rule, appear fairly well contented with what they have done and the future is looked forward to with consiler- able confidence all round. It is generally recog- nised that the great safegnard to the exceptionally heavy transactions that have been entered into so far ahead lies in the fact that Manufacturers will not be in a position to lay down goods at a perceptible decline on current rates, until well into next year, whatever the price of Cotton may fall to. This latter contingency appears to be more remote now, however, and may give buyers more confidence to enter into fresh transactions. Goods affont are still readily taken at anything like current rates, the availab'e anpply of spot cargo being exceedingly short. It is thought that in spite of the comparatively heavy buying that has been going on in American makes thus early the total shipments for next season must show a considerable falling off. The reason for this is
ably, and there are no special features to res port.
BANKS.-Hongkong and >hanghais in the... early part of the week ruled very quiet and not. withstanding a rise in the London rate to £63. 158. Od. the local rate fell to 367 per cent. prem., at which a fair business was transacted; later shares changed hands at 368, 370, 3704, and 37, market closing steady at the ast rate. Nationals have been enquired for and have changed hands at $25 and $:54.
MARINE INSURANCES.—China Traders have ́found further small buyers at $62. Unions are- enquired for at $250 without leading to business. Cantons remain dull and neglected, also the- - Northern Insurances. Straits have been negotia-- ted in a small way at quotation.
small sales of Hongkongs at $3124 and Chinas at $881.
FIRE IN UBANCES,—Continue dull and with
|
SHIPPING.-Hongkong. Canton and Macaos show a slight improvement with_sales at 882" ·· and $324 for cash and at equivalent rates for- ward. Indo-Chinas boomed to $72 after fair sules at rates between $66 and that; market bloses". rather quieter with sellers at 871. Douglases have ruled very quiet with small sales · at $59. China Manilas and Chin: Mutuals unchanged and without business.
REFINERIES.-China Sugars in the early part of the week found considerable buyers at $168 and $167, when the market suddenly - quieted, and no shares changed hands until· the end of the week, when a low transactions were made at $165 and $160. Market closes weak at $160. · The Managers and Consulting Committee have decided to pay an interim div. Luzons unchanged and without of $2.
business.
MINING.-Panjoms have ruled very quiet with sellers and no buyers at quotation and shares could doubtless be obtained at something - under the closing quotation with a bona fide offer. Charbonnages continue out of the market. Queen Mines have found buyers at 50 cents, Ø iver A's at $8, Jelebus at $14 and $14), and- Great Easterus at $3.50. Raubs have ruled quiet with sellers at $61 and $60 and few if any sales,
DOCKS, WHARVES, AND GODOWNS.-Hong- kung and Whampoa Docks ruled very steady and quiet during the early part of the week at 490 with sales, but later a small enquiry sent the rate up to 495 after sales at 4924; market closes steady at 500 per cent prem. Kowloon........ Wharves have been enquired for at $934-bat--- very few shares have changed hands, holdersy wanting higher rates. Wanchais have changed. hands at quotation.
Lands, Hotels, and BuildinGS.—Hong»!' kong Lands after a period of comparativa in- action have found buyers at $105, $105), $1044, and later at $105, niarket closing with small sellers at last rate. Hotels have again improved to $10 after sales at $126, $127, and $128 for $134 for December. West Points have re cash and at equivalent rates on time, chiefly at mained quiet with sellers and but few sales at $37 and close at $36. Humphreys also con..
that Manufacturers have had no stocks on hand this year, corresponding to the large quantity carried through last last summer which they smashed off as soon as a demand appeared from this, and in addition to the large orders for China the home trade is more active now. At Auction the inclination continues to be towards lower tinue neglected with sellers and no bayers at prices, especially for Gray goods and Woollens. | $10.75,