April 11, 1895.J
The following returns of the average amount of Bank notes in circolation and of specie in reserve in Hongkong during the month ended 31st March, 1895, as certified by the Managers of the respective Banks, are published :-
Banks.
Chartered Bank of India, Australia, and China ...
Hongkong and Shanghai
Banking Corporation National Bank of China, Ld.
Average Specie in
Amount,
$
1,254,215
5,895,785
358,975
-$7,538,975
Reserve.
800,000
2,500,000
219,000
CHINA OVERLAND TRADE REPORT.
for America, and about 100 bales have been placed at $635 for Yan Hing Cheong 14/16 and equivalent chops, and at $630 for Hip Sam Choy 14/16. Waste-Is rather weaker with only very small fresh settlements. Extra Steam is now offering at $93 and No. 1 at $74. Stocks-Taat- lee nil bales. Cumchuck/nil bales. 1,500 bales, to close of season.
Settlements for the fortnight :-
1894-95.
For Europe.. 400 bales! For America 150
31
Filature
1893-94.
700 bales.
150 nil
}
"
19
COTTON.
279
HONGKONG, 9th April-The market remains dull and neglected. Stocks; 1,125 bales Bengal 277 bales Rangoon, 317 bales Dacca, and about
300 bales of Chinese Cotton.
Bombay Kurrachee
Bengal, Rangoon, and
Dacca,
..$12.00 to 14.00 p. pcl.
12.00 to 14.00
Shanghai and Japanese.. Hungchow and Ningpo.. Madras..
12.00 to 15.00
16.00 to 17.50
16.00 to 17.50
14.00 to 16.00
Sales: 10 bales Bengal, Rangoon, and Dacca, Ningpo. 150 bales Shanghai and Japanese, Tungchow and
Saigon, Ordinary
RICE.
*
ver picul $2.15 to 2.17
2.35 to 2.36
Round, good quality Long Siam, Field, mill cleaned, No. 2...
Garden,
No. 1 ...
2.43 to 2.44
2.23 to 2.25
2.52 to 2.54
Fine Cargo
2.96 to 2.98 3.18 to 3.20
Siam White
for Bombay.. nil $3,519,000 On Friday afternoon Mr. E. F. Skertchly read and Burkill's circular).—London advices dated 2nd SHANGHAI, 4th April:-(From Messrs. Cromie a papr before The Odd Volumes Society on current report the market “firm” at 7/6 for Gold Cagayan, Sulu, its customs, legends, and super-Kiling and 9/6 for Blue Elephants. Deliveries of stitions. Dr. Cantlie presided. This little-known Chinas to 31st ult. were 800 bales. Raw Silk.- island lies midway between Borneo and the Owing to the advance in the price of silver and rates
HONGKONG, 10th April-Trade baving resumed Philippines. and has only been visited by some of exchange, business has almost come to a stand-strike, prices have declined a little. Closing quota- its usual course with the collapse of the coolie. three or four parties of Europeans, and that at still, as holders refuse to make any material con- tions are:- most for a few days at a time." The writer has cessions on last quotations. Tsatlees.-No tran- spent twelve days ou the island on two sactions are reported. We hear of Tls. 317) being visits, and the chief paid frequent and pro-offered for Gold Kiling which was refused. Tay- longed visits to him in Borneo. Enjoy saamis.-Nothing doing. Yellow Silks. A fair ing the confidence of the natives Mr. E. demand has existed, and settlements are about 200 Skertchly was able to gather a mass of in-
bales. Prices remain about the same as last formation, legendary and otherwise, that has quoted, viz. Minchow at Tls. 235 to Tls, 2414, not yet been made public. After describ. Mienyang Tis. 220 to TIs. 226, Fooyung ing the physical features of the island and Tis. 195 to Tls. 2021. We do not give sterling or its inhabitants, he said that though Spain claims francs quotations as it is impossible to know at the island, and has a solitary mestizo official on according to the Customs Returns from the 28th what rates exchange was calculated. Arrivals, it, the natives do not acknowledge any vhs. salage, and look upon the solitary functionary of Yellow, and 26 balea of Wild Silk. Re-reels Marcb to 3rd April are 267 bales of White, 40 bales with amusing contemp. The various industries and Filatures.-No further contracts are reported. were described, and the commerce with Borneo Wild Silk.-There is very little doing. A parcel and Palawan; but the interest of the lecture of Compoo Crapauds changed hands at Tls.18.50, centred in the blood-curdling stories of a mys. the quality of which was not up to standard, and terious community called the Berbalaogs. These pierced Tussah Cocoons were taken at Tls. 43. fell beings dwell in a village apart, and are part Pongees.-3,0 0 pieces of Shanghai were settled human, part ghoul, and part spirit. The pupils at the following rates:-1,000 pieces of 26 oz. at of their eyes are cat-like, and they feed upon the Tls, 3.45, 500 pieces. 24 oz., at Tis. 3.35, 1, 500 entrails of living or dead men and women, after pieces, 22/23 oz., at Tls. 2.50. the style of the German wehr-wolves. They act by contraries; their cry comes from the opposite direction from their actual position if a Berbalang threatens you in front you must bit out behind, and so forth. The only specific charm against them is-lime juice! Mr. E. Skertchly described in graphic terms a visit to the Ber balang village, which ended with with a tragedy; but inspite of this piece of corroborative evi- dence he signally failed to see, much less capture
■ Berbalang.
COMMERCIAL.
TEA.
CANTON, 9th April.-Macao New Make Congous The new season was opened about the 21st
ultimo, but the supply bas been even smaller than usual. The purchases to date, for London, only amount to 2,100 boxes at Tls. 13 to 20 per picul (514 to 74d per lb.) as at these prices there is a large demand for native consumption and for the Pouchong trade. The quality shows a decided improvement on last season's early shipments, both in liquor and appearance, and the crop generally may be described as a good average one Prices are about on a level with last year's opening rates, but the more recent purchases show a slight advance, and the market closes firm. There is the usual demand for Australia, and some 600 half-chests have already gone forward, with a further quantity awaiting shipment. There is a great scarcity of common and medium Teas; at the lower quotations, viz., Tls, 13, settlements do not amount to 300 boxes.
CAMPHOR.
HONGKONG, 10th April.-The market continues firm, no supplies coming forward from Formosa. Quotations for Formosa are $58.00 to $50.00. During the past week sales have been 120 piculs. Quotations for Japanese camphor nil.
SUGAR,
HONGKONG, 10th April.-The declines still con- tinues and prices have further declined. Following are the quotations :- Shekloong, No. 1, White...$7.30 to 7.34 per pel.
do.
2. White... 0.88 to 6.95 Shekloong, No. 1, Brown... 4.60 to 4.62
do.
2. Brown... 4.40 to 4.48 Swalow, No. 1 White... 7.25 to 7.32
do.
2. White... 6.65 to 6.71 1, Brown... 4.30 to 4.45
do.
"1
Swatow, No. 2, Brown... 4:10 to 4.43 Shekloong Foochow Sugar Candy..............10.40 to 10.50
9.32 to 937:
12
OPIUM,
1)
21
17
"
HONGKONG 10th April.-Bengal.-There has been very little doing during the past week and rates are lower in consequence. Patna is quoted at $705 for Old and $720 for New. Benares at $690 for Old and $705 for New.
transactions few and unimportant. The following Malwa The demand has been very mengre and
are the current quotations: New Old (2 to 4 yrs.) $720
$690 with allowice of to 1 cts.
1 to 13 (5 to 7 yrs.) $740
1 to 21 Persian. There has not been any alteration fin the values of this drug, which continue at $720 to
"
>
EXPORT OF TEA FROM CHINA TO GREAT $750 for Oily and at $750 to $800 for Paper
Canton and Macao
wrapped with a very dull market.
To-day's stocks are estimated as under-
BRITAIN.
1895-96 lbs. 22,890
1894-95 ĺbe.
76,797
New Patna.....
Old Patna....
New Benares
SILK.
Old Benares
Malwa
Persian
1,500 chesta.
850 440
22
""
990 # 750 J 1,100
COURSE OF THE HONGKONG OPIUM MARKET.
PATKA.
BENARES,
MALWA
DATE.
New. Old. New. Old.
$
New.
$
$ 690 720/740
Old,
CANTON, 9th April.-Tsatlees and Re-reels.-No stock Dealers are proposing contracts in new season's Re-reels, delivery June to September, at $530/515/500 for Nos. 1, 2, 3, but no business has resulted. Filatures.-Buying has been checked by the rise in Exchange, which reached fcs. 2.76, 6 m/s. but closes weaker. The falling off in the demand is beginning to affect holders, many of whom would accept a reduction of $15/25 per piqul, on former rates, but these concessions fail to April 3 interest, buyers. Settlements reported are: 10 April 4 bales each How King Cheong and Yu King Lun April 6 9/11 at $690, 10 bales Kwang Sun On 11/13 at April 6 $670, 40 bales Kai Cheong Loong 10/12, 11/13 at April 7 $660/620, 80 bales wong Lun Hing 13 15 April 8 at $625, 5 bales Lee King Lun 11/13 at
April C
720 April 10 $685. Some enquiry has existed in short-reelg
1895.
$ $ 727 1710 712 695 730 710 715 695 730 710 715 695 7271 710 712) 695 727 710 7121 695 725 1710 710 1605 7221
708 707 1690 705 706
690
MISCELLANEOUS IMPORTS. HONGKONG, 10th April.-Amongst the sale; re-
bales No. 8 at $65, 605 bales No. 10 at 366 to $71, ported are the following:-
YARNS AND PIECE GOODS :-Bombay Yarn.—70 680 bales No. 12 at $68.50 to $72.50, 745 bales No. 20 at $78.50 to $83. Grey Shirtings.-2,000 pieces 10 lbs. Blue 5. Men at $3.55, 1,250 pieces Stag chop at $3.55 to $3.57), 500 pieces 10 lbs. Blue Stag at $3.573, 300 pieces 81 lbs. Shoemaker at $2.35, 600 pieces 84 lbs. Blue Fish at $2.32). White Shirtings.-350 pieces Mandarin at $5.05. 900 pieces E.F. at $625, 450 piecos Gold Tiger at $5.60, 30 pieces Blne Lion at $5.80. T-Cloths. 7,500 pieces 7 Mex. Red Stag at $2.10, 2,400 pieces Gold Tiger at $2.071, 975 pieces 7 lbs. Mex. Crown chop at $2.10 to $2.45, 300 pieces Gold Dragon at $2.47, 300 pieces 6 lbs. Red Pagoda at $1.30. Drills.-150 pieces 16 lbs. Large Eagle at $5.10. Brocades.-100 pieces Green and Gentian at $4.10, 500 pieces Purple at $3.65. Spanish Stripes.-120 pieces Assorted B.B.B. at $0.59. Camlets.-100 pieces Bird and Flower, Indigo, at $17.50. White Balzarine.-250 pieces Red Dragon at $3. Cotton Italians.-400, pieces Gambling at $0.12.
METALS.-Tin.-100 slabs Malacea at $35.80, 100 slabs Foong Choi at $26.70, 100 boxes Tin Plates at $5.45. Quicksilver.-200 flasks at $114 to $114.50,
SHANGHAI, 4th April.-(From Mr. G. W. Noel's report.)-Here and there a small indent has gone through on a sterling basis, but as a rule Man" chester is taking advantage of the rise in exchange to put up her prices, quite ignoring the fact, as usual, that the native here follows any upward movement in exactly the opposite direction! It is not surprising, therefore, that little or no business has gone through in Plain goods, but a few orders for Printed and Dyed Cottons have been booked. At the close there is rather more enquiry on the goods, but whether or no the steamers just in have part of the Tientsin men concerning American
brought better news has not transpired yeti
Metals (From Mr. Alex. Bielfeld's report.)— 5th April. About 100 tons L.B. "spot" and 100 tone Australian have changed hands among Chi- nese at Tls 5.50 to Tls. 5.60 and Tls. 5.10 to Tis. 5.15 respectively. Contracts have been settled by wire for Steel Plate Cuttings, Bamboo Steel, Cobbles, Round Bar Iron. Wire Nails, Tinplates, Hoop Iron, Sheet Zinc, Old Scrap Iron and Yellow Metal and Copper Sheathing, but particulars have not transpired and will possibly leak out by next mail.
JOINT STOCK SHARES. HONGKONG, 10th April.-The principal fea- tures in the market during the week under review have been the drop in Hongkong and Shangbai Banks and Canton Steamboats; otherwise quota- tions remain more or less unchanged.
BANKS, Hongkong and Shanghais. Owing to a drop of £2 on the London market, shares here rapidly fell with little or no business to 172 690 720/740 per cent, prem., at which rate sellers ruled the 690 720/740 market for a short time. Later, however, when €90 720/740 an enquiry arose no shares were forthcoming 726/740 under 175 per cent., at which figare a few 720/740 changed hands. The market closes with sellers 720/740 at this rate. Nationals are now enquired for at 720/740
$22 per share.
890 690 690 69)
No comments yet.
Private notes are available after approval.