78
COTTON.
HONGKONG, 19th July.-Raw cotton has im- proved further $1 chiefly for superior quality. Stock, about 5,000 bales.
Bombay,
....18.00 to 19.00 picnis
Bengal (New), Rangoon, 18.50 to 23.25
and Dacca, ........
Shanghai and Japanese,
***
22.50 to 24.50
"J
#
Tungchow and Ningpo....... 22.50 to 24.50" Bale: 1300 bales.
YARN.
THE HONGKONG WEEKLY PRESS AND
MISCELLANEOUS IMPORTS. HONGKONG, 19th July.-Among the sales re- ported during the week are the following:
YARN AND PIECE GOODS.-Bombay Yarn : 8,050 bales No. 10 at $83 to $89-50, 650 bales No. 12 at $85 to $89-50, 300 bales No. 16 at $95 to $100, 2,150 bales No. 20 at $99 to $103. Grey Shirtings: 500 pieces 10 lbs. Blue Triangle at $4:471, 600 pieces 10 lbs. Mandarin at $4:30, 1,000 pieces 10 lbs. 2 Stags at $4.50. Mericans: 750 pieces 82 Blue Dragon at $2701, 2,500 pieces 32 No. 2 Silver Lion at $2.15. Long Ella: 125 pieces 8 lbs. Scar- let at $7, 125 pieces 8 lbs. Scarlet at $7, 100 pieces 8 lbs. Purple at $7.25, 125 pieces 8 lbs. Scarlet at Mr. P. Eduljee says in his Report, dated Hong-87. Drill: 160 pieces 16 lbs. Large Eagle at $6.35. kong, 19th July. A moderate demand continues METAL-1,000 bundles, Steel Round Rod at in this market and sales to the extent of 6,786 | $480, 500 cases Bamboo Steel Pig at $6.50 to bales are reported as noted below. Prices are, | arrive. however, unsatisfactory, a decline of 50 cents to a dollar and a half per bale having been established in most spinnings; importers are anxious sellers and sales are being vigorously pressed. Best spinnings could still be placed at quotations, but medium and common threads are weak. extreme caution, as last advised, is still shown in the dealings of native merchants. Any parcels of desirable quality close at hand or 4 to 6 weeks' delivery are readily taken up, but dealers refrain from contracting further for longer period. Heavy arrivals have taken place during the in- terval, and although they include a fair pro- portion of goods in fulfilment of old contracta, our estimate of stocks shows a considerable increase on last figures. The market closes unsteady.
The
Local Manufacture.-The Hongkong 8. W. and Dyeing Mill has resumed operations and sales of about 250 bales No. 108. at $89 are reported.
Japanese Yarn continues steady but meets with small request, the sales of the fortnight amounting only to 300 bales No. 20s., at from $105 to $109, the market being bare of No. 166., for which there appears to be a fair demand for export.
Raw Cotton.-There is nothing doing in China Cotton. No stock, or arrival. In Indian des- criptions a good demand has been experienced throughout and large settlement are reported, business being equally divided between local dealers, Japan exporters and the local Mill Superfine machine-ginned Bengal are in most request, but scarce, and any choice parcel offering will command 50 cents to a dollar better in price. Total sales aggregate 1,775 bales at from $18 to $234; stocks about 4,500 bales. Quotations are Bengal at $18 to $24, Dacca $19 to 2241, and China $22 to $24.
Exchange on India has continued to decline and closes weak to-day at Rs. 1441 for T/T, and Rs. 1444 for Post. On Shanghai 734, and on Yokohama 64 per cent, premium.
The undernoted business in imported and local yarns is reported from Shanghai during the fortnight ending 13th instant, viz. :—-—---
Indian.-Total sales 10,375 bales, comprising 7,162 bales No. 108., 810 bales No. 128., 715 bales No. 168., and 2,188 bales No. 208., prices showing a slight improvement of half to one Tael, and market closing strong. Estimated unsold stock abount 82,000 bales,
Japanese-A moderate business continues in these spinnings and sales to the extent of about 1,750 bales were effected on the basis of Tis, 76 to Tls. 79) for No. 168., and Tle. 78 to Tla. 80) for No. 20s., prices showing an advance of half & Tael, and market closing firm,
Local. The market continues quiet owing to the ideas of buyers and sellers being too wide apart to lead to much business. The only sales reported being about 2,000 bales on the basis of Tls. 69 to 70] for No. 108., Tls. 70 to 71 for No. 128., Tis. 74 to 75] for No. 148., and Tls. 76 to 78 for No. 168., prices showing an advance of half to one Tael, and market closing very firm.
COALS.
HONGKONG, 19th July.-Small business doing in Japanese, other kinda neglected.
Yubari Lump ...$11.50 to 12.00 ex godown,
nominal
COTTON YARN--
Bombay-Nos. 10 to 208 English-Nos. 16 to 24,..
"
»
22 to 24, 28 to 82,. 88 to 42.
COTTON PIECE GOODS-
Grey Shirtings-6 lbs.
per bale $73.00 to $110.00
.114.00 to 120.00 .120.00 to 128.00 .136.00 to 142.00 .155.00 to 170,00
per piece.
2.10 to 2.15 2.20 to 2.30 2.70 to 3.30 3.35 to 4,50 to 2.60 to 3.90 to 5.50 to 7.40 to 6.10 to 1.20 to 1.80 to 2.15 to 2.00 to 8.85
7 lbs.
8.4 lbs.
9 to 10 lbs.
3.00 64 to 66 4.00 Fine.
5.10 Book-folds 4.10 Victoria Lawns 12 yards...... 0.72 T-Cloths6lbs. (32 in.), Ord'y, 1.60 7lbs. (32,, ),
1,85 6lba. (32,.), Mexs. 1.80 7lbs. (32
White Shirtings-54 to 56 rd. 2.85
58 to 60
"
"
>
2.70 8 to 8.4 oz., (36 in.) 2.75 Drills, English--40 yds., 14 to 4.00 16 lb FANCY COTTONS—
Turkey Red Shirtings—1) to }
8 lbs Brocades-Dyed
Chintzes-Assorted Velvets-Black, 22 in. Velveteens--18 in.
1.55
to 3.30
to 6.75
to 5.00
per yard 0.081 to 0.17 0,221 to 0.60 0,20 to 0.22) per dozen Handkerchiefs-Imitation Silk 0.86 to 2.50
WOOLENS-
Spanish Stripes-Sundry chops.0.80 Habit, Med., and Broad Cloths 1.25
Long Ells-Scarlet..
per yard
to 1.50 to 2.50 per piece 6.40 to 10.00 6.50 to 10.10 12.50
Assorted..
Camlets-Assorted. Lastings-30 yds., 31 inches Assorted Orleans-Plain
to 82.00
8.00
to 20.00
8.50
Blankets-8 to 12 lbs. METALS---
to 10.00 per pair 4.00 to 18.00
per picul 4.30 to to 6.25 to 4.75 to .5.25 to
.8.25 to
.2.50 to to
Iron-Nail Rod .................................*
Square, FlatRoundBar(Eng.)4.20 Swedish Bar
Small Round Rod Hoop to 11/2 in. Wire 15/25.. Old Wire Rope.
Lead, L. B. & Co. and Hole Chop 8.25
Australian
8.00 to YellowM'tal-Muntz 14/20 oz.40.50
.69.50. to
por box. 7.00 to per cwt, case
6.75
Vivian's 14/20 ox. 40.00
Elliot's 14/20 oz. 40.00
to to to
Composition Nɛils....... Japan Copper, Slabs.. Tin..
69.00 to
.48.00 to
Tin-Plates
Cardiff
$22.00 to 23.00 ex ship nominal Australian ..$12.00 to 18,00 ex" godown,
nominal.
Steel to t
New Chops 14/20 oz.
SUNDIES—
Miiki Lump......$10. ex ship
Moji Lump
$7.00 to $0.50 ex ship, steady
Hongay double
10.50 ex godown
-nominal;
Quicksilver
Window Glass
Kerosene Oil...........
screened
Hongay Lump. 8.50 ex ship
Hongay Dust ................ 6.00 Briquettes ...........16,00
to to
per picul ....168.00 to
per box. ......... 5.80 to
per 10-gal, caso
9.15 to
|
[July 20, 1901,
SHARE REPORT. HongKong, 19th July –Our market has continued its dull and lifeless course during the week just brought to a close, and with a fow unimportant exceptions, there is nothing encouraging to report.
BANKS.-Hongkong and Shanghais have remained very dull, and a few small sales at $397 per cent, premium only are recorded. For August a small parcel has changed hands at 405 per cent. premium. The market oloses with sellers at 397 per cent. premium cash. Bank of China and Nationals are unchanged and without business.
MARINE INSURANCEB.-The only sale we have to report is in Yangtsses at $120. Other stocks are unchanged.
FIRE INSURANCES.-Hongkong Fires are on offer at $350, and China Fires at $85.
SHIPPING. Hongkong, Canton and Macaos receded somewhat in the earlier part of the week, but on $354 being reached a fresh demand set in, and a very fair business has been done at this rate and at 8354. The market closes firm at the higher quotation. Indo-Chinas have been done in small lots at $140 and $139 ex dividend cash and for the end of the month, and the market closes with further sellers. Sales forward on a moderate scale have been booked at equivalent rates to October. China-Manilas are unchanged. Douglases have declined to $54. Star Ferries have been sold and are wanted at $24 (old) and 894 (new). Shells have buyers at £2, 12s. 6d.
REFINERIES.-Small sales of China Sugars are reported at the reduced rate of $142). Luzons are on offer at $36.
MINING.-Panjoms have declined to $5, at which there are sellers. Raubs have been booked at $127, and close with sellers at $13.
Docks, Wharves and Godowns.—Hong. kong and Whampoa Docks have been placed at $310 and 89094, and there are some shares now to be had at $305. Sales for September at $320 and for October at $925 are also reported. Hongkong and Kowloon Wharfs are in the market at $102. New Amoy Docks have improved to 823‡ bayers.
LANDS, HOTELS AND BUILDINGS.—Hong- kong Lands have received but scant attention in spite of the interim dividend of $6 shortly to be paid, and sales down to $197 are reported. The market closes with a somewhat better feel- ing at $198 steady. Kowloon Lands, West Points, and Humphreys Estates are on offer at quota- tions. Hongkong Hotels are wanted at $130.
COTTON MILLS.-Ewos and Soy Chees have declined to Tis. 47) and Tls. 325 respectively. Hongkong Cottons continue in request at 8101. MISCELLANEOUS.-Green Island Cementa have been done at erratic rates from $191 to 8204, and there are further buyers at the higher quotation. Watsons have been sold and there are further sellers at $16. Hongkong Electrics are wanted at $12 and $6 for the old and new shares respectively. Ices have buyers at $185. Ropes are to be had at $175. China- Borneos are on offer at $38. Tramways con- tinue in request at 8260, China Providenta have been sold at $9.85, and more shares are to be had. Campbell Moores are wanted at $20.
•
MEMOS.—Subject to audit, the directors of the Hongkong and Shanghai Banking Cor. poration will recommend at the forthcoming half-yearly meeting of shareholders, a dividend of S0s. per share; the addition of $750,000 to reserve fund; and the carrying forward to new account of about $1,475,0 ́0. The Great Eastern and Caledonian Gold Mining Company, Limited, in Liquidation, hold an extraordinary meeting of preference share- holders to discuss liquidator's proposals for dealing with the Company's assets, on the 20th instant. Hongkong, Canton and Maono Steam- bost Company, Limited, ordinary half-yearly meeting of shareholders on the 6th August, transfer books will be closed from" the 24th instant. Tebrau Planting Company, Limited, ordinary general meeting of shareholders' on | the 30th instant; transfer books closed from
the 23rd instant.