May 21, 1904.]
Drills and Jeans, being the first transactions in standard makes that have gone through for some months. Offers are pending for a fair quantity of slightly lighter cloths, which seem likely to go through. The rise of nearly a penny in sterling rates has incidentally no doubt had something to do with the dullness of the market for spot cargo, though perhaps assisting somewhat in the forward transactions, such as they are. The market for imported yarns is very active, a large business being reported in both Indian and Japanese spin- nings at steady prices. We hear a fairly large quantity of the former have been bought in Hong- kong by the dealers here. Cotton is firmier and more business is being done both for local con- sumption and export.
HONGKONG QUOTATIONS. HONGKONG, 20th May.
Beans
Borax
Camphor (China).
"
(Second Oil
2
14
Cloves
Cassia (First quality)
Fennel Seed Oil
Galangle
Glue
Grapes
Ivory Kismiss
Olibanum
Rosa Oil
Saltpetre..
Sandal wood
19
Oil
Senna Leaves....
Sugar Candy
Vermilion
Garlic
War.
J
$4
.$17
$120
$21 @ 214
$14) @ 15
.$1671
.$20 @ 55
$380
$21 @ B
$26 $16-(a: 17
.$200 @ 650 .$10 @ 14 $5 @ 25
$60 @ 175, .49} @@ 10%
.$27 @ 28
$300 @ 400 $2 (@) 4 $104 @ 101 .$83 @ 87)
(Formosa).
$- $35 @ 10
MISCELLANEOUS EXPORTS. HANKOW, 11th May. The prices quoted are for the net shipping weight excluding cost of packing for export :--
Cowhides, best selected
Do. seconds
Buffalo hides, best selected
Goatskins,untanned (chiefly white colour) Buffalo Horns (average 31bs. each)
White China Grass (Wuchang and/or
Poochi)
White China Grass (Sinshan and or
Chayu)
Per picul. Tls. 33.50 29.00
"
++
20.00
58.00 9.60
*
White Vegetable Tallow (Kinchow)
Green China Grass (Szechuen) ................................ Jute
71
11
+
+
White Vegetable Tallow (Pingchew
and/or Macheng)
"
White Vegetable Tallow (Mongyu) Green Vegetable Tallow (Kiyu).
Animal Tallow
Gallnuts (usual shape)
Do.
(Plum) do.
Tobacco, Tingchow
Black Bristles
Feathers (Grey and/or White Duck)
Turmeric
Sesamum Seed
Sesamum Seed Oil
Wild Duck
Vegetable Tallow Seed Oil Wood Oil,
Tea Oil
13
*
13
10.70
10.40
CHINA OVERLAND TRADE REPORT.
ON NEW YORK.-
1337
Bank Bills, on demand Credits, 60 days' sight
432
.411
ON BOMBAY.--
Telegraphic Transfer :.
Bank, on demand
134
ON
CALCUTTA.---
Telegraphic Transfer
Bank, on demand
SHANGHAI-
UN
Bank, at sight
Private, 30 days' sight.
ON YOKOHAMA,-On demand ON MANILA.-On demand ON SINGAPORE,-On demand ON BATAVIA,--On demand ON HAIPHONG.-On demand ON SAIGON.-On demand ON BANGKOK.—On demand SOVEREIGNS, Bank's Baying Rate GOLD LEAF, 130 fine, per tsel BAR SILVER, per oz.
1331
134
.72 .724
.881
391
sales have been booked at $264, $27, and $27‡. the market closing firm with further buyers at $271. China Borneos are qu'et at $10. Watsons have receded to $144 sellers. Electrics (old) have been booked at $134 at which there ars further buyers. Steam Waterboats have improved to $161 bur, and Dairy Farma to $14 buyers. Pow... are also firmer with buyers at $101.
"Star
MEMOS.-Punjom Mining Co., Ld., ordinary yearly meeting on the 25th instant. Ferry Co., Ld., ordinary year'y meeting on 1st June, transfer books close on the 25th instant until the 1st June, both days inclusive.
Closing quotations are as follows :----
Nom.
Nom.
1071
..21р.o.pm.
COMPANY.
PAIDUP.
QUOTATIONS,
2
pc pm. .62
Banks-
$125
$11.03
$685, buyers L'don, £65.
357.90
Natl. Bank of China
.25%
A. Shares
28 $38, buyers
B. Shares
28 $38, buyers
SHARE REPORT. HONGKONG. 20th May, 1904.-The activity reported in our last has continued throughout the past week, and a good general business has again been transacted at gradually improving rates,
BANKS. Hongkong and Shanghais bave ruled quiet but steady at $665, with a few unimportant sales and probable further small buyers at the rate. London is slightly higher at £65, the lost quotation to band. Nationals are enquired for at $38, but shares are obtain- able at $384.
དྷྭ
MARINE INSURANCES.-Unions are quiet with small sellers at $550. North Chinas bave sold at Tls. 65, and a few more hares are on offer at this figure. China Traders have been booked at $59 and $60. Cantons after sa es at 3205 and $210 are in further request at the lat ter figure. Yangísze › are still asked for at $125.
FIRE INSURANCES.-Hongkongs continue in request, and 8310 is now offered without altracting sellers. (inas are also firmer, and after sales at $84 and $85 are in further request at the higher figure,
SHIPPING. Hongkong, Canton and Macaos have suddenly jumped into favour owing to a report that the French subsidized steamers may 10.90 shortly be withdrawn from the Canton River trade, and a large business has resulted at prices 10.00 ranging between $29 and $31, the market clo 10.50 ing with buyers at $31. Indo-Chinas have also 4.90 improved and after fair sales at $108 and $109 csh are in strong demand at $110 to $111 casb. Sales at $18 to $109 June, $111 to $1 2 August, $113 September, and $115, $116 to $117 December are also reported. China and Manilas hav firmed up and can now be placed at $12. 19.00 Douglases are easier with sellers at $ 5. Star Ferries continue in request at 832 and $22 for the old and new issues respectively. Shell tran- 120.00 sports have declined to 26/6 sellers.
REFINERIES-China Sugars are quiet but 21.50 steady at 8145. Luzons have declined to 89
3.20❘ sellers. 4.50
11.00 10.00
23.00
20.00
MINING.---Raubs have been booked at $7 and 7.90 874 and close in further request at $7. Punjom 7.90 preferences can be placed at 25 cents.
"
33
8.10
"
tea.
9.00
Per P. & O. steamer Formosa, sailed on 12th May. For Buenos Ayres-75 packages tea. For London or Manchester-208 bales
For London :--1,177 bales tea, 50 packages ten, 195 rolls mats and matting, 58 bales feathers, 43 cases chinaware, 12 cases woodware, 10 cases private effects, 3 cases milk, 2 cases curios, 2 cases cigars,
70 cases bristles.
EXCHANGE.
FRIDAY, 20th May.
ON LONDON.—
Telegraphic Transfer
Bank Bilis, on demand
.1/94 .1/9% .1/94
.1/94
Bank Bills, at 30 days' sight Bank Bills, at 4 months' sight .1/94 Credits, at 4 months' sight. Documentary Bills, 4 months' sight 1/10
ON PARIS.-
Bank Bills, on demand...
Credits 4 months' sight
ON GERMANY.——
On demand..
225
229
.1834
DOCKS, WHARVES, AND GUDOWNS.-Houg kong and Whampoa Docks are firmer with sales at $210, $211 and $212. and probable fur. ther buyers at the latter rate. Hongkong ad Kowloon Wharves have again been in strong request, and sales at $110, $111 and $112 are reported with further enquiries at $112. Sales New Amoy Docks continue quiet at $30. at $115 and 3116 August have also been booked. Farnhams though quiet in the North are said to be in request locally at Tls. 150.
LANDS, HOTELS. AND BUILDINGS.-Hong. kong Lands after sales at $157 and $158 are on offer at $159. Kowloon Lands are still enquired for at $35, and West Points at the improved rate of 857, the latter after sales at $55. Hougkog Hotels have been booked at $138 and more shares are procurable. Ham- phrey's Estates have advanced to 81' and $4 for the old and new issues respectively with sales and further buyers. Shanghai Lands are quiet at Tls 18.
COTTON MILLS. -No bariness is reported and quotations are unchanged.
MISCELLANEOUS Green Island Cements have continued in active demand and extensive
Hongkong & S’hai...
Foun. Shares..
Insurance Union
-
China Traders North China.... Yangtaze.. Canton..... Hongkong Fire China Fire
Steamship Coys.-
1., Canton and M. Indo-China S. N. China and Manila.. Douglas Steamship Star Ferry..
Shell Transport and Trading Co...... Do. pref. shares.. Refineries-
China Sugar Luzon Sugar..
Mining
Punjom
Do. Preference. Charbonnages Raubs Docks, Etc.-
{
H. & W. Dock H. & K. Wharf & G. New Amoy Dock
21 $10. buyers
$100 $550, sellers $25 $60, sellers
25 Tls. 65, sellers $00 $125, buyers $50 $210, buyers $50 $310, buyers $20 $85.
$15 $61, buyers 210 $111, buyers $50 $22, buyers $50 $354, sellers $10 $32, buyers
$5 $211, buyers £120/6, sellers £10 £8. 108.
$100 $145. $100 $9, sellers
$11 50 cts., sellers 81 25 cts., buyers Fca. 250 $500.
18/10d. $7.
S. C. F. Boyd & Co.... Tls. Land and Building-
Hongkong Land Inv. Kowloon Land & B. West Point Building Hongkong Hotel ......! Humphreys Estate.
:
$50 $212, buyers $60 $112, buyera
$64 $30.
100 Tls. 150, buyers
$100 $159, Bsellers
$30 $45, buyers
$50 $57, buyers
$50 $138,sales & sellers
$10 $12, buyers $214, buyers
S'hai Land Ins. Co., Ld. Tls. 50 T. 108.
Cotton Mills-
Ewo
International Laou Kung Mow Soychee Hongkong Green Island Cement. China-Borneo Co., Ld. Watson & Co., A. S.... Hongkong Electric Hongkong & C. Gas........ Hongkong Rope.. Fenwick & Co., Geo. Hongkong Ice.
Hk. Steam Water- H. H. L. Tramways.....
Boat Co., Ld.
Dairy Farm
Campbell, Moore & Co. Bell's Asbestos E. A.. United Asbestos
Do....
Tebraa Planting Co.... China Prov. L. & M. Watkins Ld........... ChinaLight & Power
Co.. Ld. Powell, Ld... Shanghai and Hong- kong Dyeing and Cleaning Co., Ld Canton, Hongkong Ice Cigar Companies-
Alhambra Limited. Phippine Tobacco ) Trust Co., Ld.)
Tls. 50 Tls. 33, sellers
Ts. 75 Tls. 25.
Tls. 100 Tis 321.
Tls. 500 Tls, 170,
$10 $14, sellers $10 $271, buyers $12 $10.
$10 $141, sellers $10 $131, buyers $5 $71, buyers 210 $150.
$50 $140, sellers $25 $48, sellers $25 $212, buyers $100 $800.
$10 $161, buyers
$6 $14', buyers $10 337, selle's 12/6 83, sellers
$4 810, buyers $10 $210, buyers
$5 $1, sellers $10 $9, sales $10 571, buyers $10 $3.
$10 $101, buyers
$50 $50.
$10 $10, nominal
$500 $200.
$10 $9.75, sellers
VERNON & SMYTH, Brokers.