August 7, 1895.)
METALS
Iron-Nail Rod
Square, Flat Round Bar.
Swedish Bar
Small Round Rod. Hoop
Old Wire Rope
Lead, L. B. & Co. and Hole Chop
Yellow M'tal-Muntz, 14/28 oz.
per picul
per case 25.50 to
Vivian's, 16/32 oz. 24.50 to Elliot's, 16/28 oz. 24.50 to
Japan Copper. Slabs do.. Tiles
ON GERMANY.-
CHINA OVERLAND TRADE REPORT.
On Demand
111
Closing quotations are as follow-
.2.18
COMPANY.
PAID UP
QUOTATIONS.
2.85 to 2.00 2.85 to 2.00 4.40 to
ON NEW YORK.
Banks---
Banks Bills, ou demand...
521
Hongkong & S'hai,
$125 183 p. ct. pw.
Credits, 60 day's sight...
534
China & Japan/prf.]
3.00 to 3.05 4.25 to: 4.30 3.00 to
ON BOMBAY—
Do.
6.20 to
Telegraphic Transfer Bank, on demand-
195)
Do.
ordina y deferred
nom nal 21 nominal 21 nominal
Nati. Bank of Chin
1953
ON CALCUTTA.-
Telegraphic Transfer
.1953
B. Shares..... Foun. Sharés... Bell's Asbestos E. A.
£8 $251, sales
£1 $26, sales 158. $10, sellers
Bank, on demand
.195%
Brown & Co., H. G..
$50 $4, sales
ON SHANGHAL- ·
Campbell, Moore& Co.j
$10:2
23.50 to
Banks, at sight
.71%
China Sugar
23.50 to
723
36.50 to
ON YOKOHAMA?——
per box
..... par.
5.20 to
ON MANILA, —
ON SINGAPORE -
$5 $1 !
$10 $7
$25 $15
850 $101, sales & sellers $12.50 $7, ellers
per picul..
par. .$9.14 47.70
Tin
Tin-Plates...
Steel
SUNDRIES
Quicksilver.
Window Glass
Kerosene Oil........
per cwt. case.
5.00 to
119.50 to
per box
3.20 to per 10-gal, case
· 2:03 to
SHANGHAI, 2nd August.-(From Mr. G. W. Noel's report.)-The expected boom in our market still remains in anticipation, its advent most likely being delayed by the extreme heat now prevailing | here, which certainly is not conducive to any superfluous display of energy. The indications, however, of a large business pending are very strong, and are assisted by the weaker exchange to a considerable extent. The business transacted during the interval, although small, shows a great steadiness, and importers are unanimous in their praise of the manner in which deliveries are going
on.
The current demand is good for most mar- kets, but the bulk of the supplies coming forward have already been placed, and would-be buyers, therefore, find it difficult to fill their wants, all of which makes it appear very probable that further orders for the autumn trade must be forthcoming very shortly. From the enquiries, too, it is evident that the New Year trade is also beginning to occupy the serious attention of intending buyers, and they are busily watching the most favourable opportunity to go in, but in the meantime display a most unusual anxiety concerning the probable extent of the new cotton crop in the States, as if to regulate their orders according to that. Several parts of the country are seriously feeling the effects of the late war, pestilence and famine accelerating the devastation that was already wrought, making it really marvellous how the trade is as good as it is. Advices from Tientsin, however, are very favourable, and all danger froni the drought that was impending appears to have passed away. The trade with Newchwang is not recovering as rapidly as could be wished, this new claim on the part of Japan of £7,500,000 for evacuating that part of the country no doubt being the cause of the delay in the withdrawal of their troops.
|
Privato, 30 day's sight
On demand
On demaud
On demand
SOVEREIGNS, Bank's Baying Rate. GOLD LEAF...100 fino, per tael
$100 $105
Chinese Loan '86 E.. Tls. 2502 p.,ct. pm,
Dakin,Cruicks’k&Co,
Dairy Farm Co. Fenwick & Co., Geo.
..41 % pm. Green Island Cement H. Brick & Cement. H. & C. Bakery Hongkong & C. Gas: Hongkong Electric... H... L. Tramways. Hongkong Hotel.... Hongkong Ice...... II, & K. Wharf & G. Hongkong Rope...... H. & W. Dock.. Insurances-
JOINT STOCK SHARES. `ONGKONG, 6th August.—Although we have un important business to report, the market has ruled very strong and rates in most cases show a marked improvement. Market closes strong with an upward tendency.
early part of the work under review ruled weak BANKS.-Hongkong and Shaugbaís in the and small lots changed hands at 180 per cent, prep; later, however, a demand from the North and London at 181 failed to bring out any shares and the rate rose rapidly to 183 without business; buyers rule the market at time of closing. Business for September has been done at very advanced rates and time shares are still wanted. National-A small parcel of London shares has changed hands at $25.
MARINE INSURANCES.-China Traders are hardening and buyers at $70 find it difficult to obtain shares. Unions are very firm and after sales at $1724, $174, and $175 are in strong favour at latter rate. Cantons have improved; to 8175 after small sales at $172 and $173. Straits have changed hands at $20 and are waut- d at that rate. Other Marines have ruled quiet and we have no business to report.
FIRE INSURANCES.-Hongkongs have ruled steady and are in favour at $225. Chinas have improved their position and after sales at $82 and $824, close firm at $83.
SHIPPING. Hongkong, Canton, and Macaos have materially improved and have boen in steady demand all the week, the demand resulting in sales at 8314, 832, 8324, and $33 cum dividend, at $314 and $324 ex dividend, and a firm closing market at 8324 ex dividond. Indo-Chinas have been enquired for at $16, but holders do not seem inclined to part at anything under $48, and even at that rate only a few shares would probably be obtainable. Douglas's have again changed hands at: $53, but although we quote them sellers only a few shares are available at that rate, and the stock is likely to advance in the near future.
REFINERIES -Completely neglected.
Metals.--(From Mr. Alex. Bielfeld's report) 2nd August:A spell of severe heat has set in and as usual at such times, dealers prefer to wait for cooler times, so as to avoid having to repent transactions entered on with hot heads. News from Newchwang is rather discouraging and the metal dealers express little hope of substantial MINING -Punjoms have ruled very weak, improvement before next native New Year (Feb- offers to sell at $4.75 and $450 failing to meet ruary, 1897). Very little has been booked this with a response; this was probably attributable week for future arrival, cablo transactions being to the imponding call of 25 cents per share (the almost nil. Lead.Some 500 tons L. B. and last call), which has since been made, and to the Australian have changed hands at Tls. 4.70 to temporary failure of the treatment of tailings Tls. 4.90 and an improved tone is noticeable. Sales by the cyanide process. At the time of writing a of Australian are increasing and L. B. no longer fairly favourable result of the ordinary mouthily menopolises the large share of the trade that it crushings (for July) has been received and the did. Iron, &c.-A contract for 200 tons "Geflin "market shows some small signs of steadying. Nailroads has been booked at 108, c.i.f. and Balmorals have ruled neglected at $5.90 with com. per ton for arrival 4 months, and 200 sellers and no buyers. Mining stock generally tons Sohier Exp. have been sold, to arrive," has ruled neglected, and we have nothing of at 101/, c.i.f. and c., 80 tons Old Wire Rope, importance to report. broken, have been sold at 82 cands. per picul;
the market for Scrap is very quiet, but values are
virtually unchanged.
TUESDAY, 6th August. CLOSING QUOTATIONS.
ON. LONDON.—
EXCHANGE.
Telegraphic Transfer
Bank Bills, on demand..
Bank Bills, at 30 day's sight
13 .2/1$
Bank Bills, at 4 months' sight...2/2 Credits, at 4 months' sight......224 Documentary Bills,4 months' sight 2/23
ON PARIS.-
Bank Bills, on demand..... Credits, at 4 months' sight
.2.70 2.76
Canton China Fire China Traders' Hongkong Fire North-China Straits Union Yangtsze Land & Building—
H. Land Investm't Humphreys Estate Kowloon Land & B. West PointBuildg. Luzon Sugar Mining-
Charbonnages. Jelebu
New Balmoral. Punjom
Do. (Preference) Raubs Steamship Coys.— China & Manila
hina Shippers..... Douglas S. . Ce. H.. Canton, x M. Indo-China 5. N. W'chai Wargh'se Co. Watson & Co., A. S...
$50 $36 £10 $110
$8 $5, buyers $160 $70, buyers
$50 6
$25 $83, sales $50|140
$50 313, salos & buyers $125 1024 p. et. prem.,
$50 $175, shles $20 $83, buyers
$25 $701) sales
{
[buyer's
$50 $225, buyers £5 Tls 190 buyers
$1020, buyers $.5 $175, buyers $00 $95, sellers
$50 460), sales & sellers $10 $8
$30 $104, sellers $40 $181, el'ers $100, $15
Fes. 500 $125, ellers
$583 40
$3 $5.9, sellers $33 $4 50, sellers
$1 $1.44
13s. 10d $1.30, buyers
$50 8623
£5: £2.11.6 $50 $53, sellers $20 8324, ex divt buyers £10 846
$87) : $371, buyers
510 93. buyers AHATER & VERNON Share Brokers
NGHAI, 2nd August :--(From Messrs. J. P. Bisset & Co.'s Report.)-Banks.-Hongkong and Shanghai Banking Corporation.-Shares have charged lands for cash at 180 per cout. promium, and more are wanted. Business has been done at 190 per cent. premium for delivery at the end of October. There are buyers for November at that rate, but shares are held for 192 per cent. premium. Shipping.Indo-China S. N. shares were sold at Tls. 35, and are offering. China Mutual S. N. Preference shares changed hands at Tls. 50. Docks.
Business has been done in S. C. Farnham & Co. shares at Tis. 155 and Tls. 157. Maring Insur- ance.-Union Insurance shares were placed ät 3167, $172, and $175, and Yangtszes at $95. The latter are offering at that rate.
MISCELLANEOUS.-Hongkong and Whampoa Docks in the early part of the week continued quiet at 101; later, however buyers came in, and clearing the market at that rate the price rose to 101 (resulting in smalls sales.) and finally to 162 and 1024 per cent. prem, at which rate buyers rule the market. Lands have jumped considerably and after sales at at $574, $58, and $59, are enquired for at $60 to $60, closing firm. H. G. Browns after a long period of inactivity have changed hands at $4. Watsons are in request at $9.75, but no shares are available and it is doubt- ful if an advance of 25 cents would bring out shares. Ices have found good investing buyers at $83, and close steady with probable| buyers.
Straits are
wanted at $10. Fire Insurance.-Hongkong Fires were sold at $215 and Chinas at $83. Wharves. The Directors of the Shanghai and Hongkew Wharf Co. bave declared an interim dividend of 8 per cent. payable on the 12th current. Cargo Boats-Shanghai Cargo Boat shares were parted with at Tls. 1624, cum dividend. Miscellaneous. China Sugar Refining shares are wanted at $102). Bussiness was done in Shanghai Waterworks shares at Tls. 1771, J. Llewellyn & Co. shares at $30, Shanghai Horse Bazaar shares at Tls. 48, Shang- hai Sumatra Tobacco shares at Tls. 110 to Tls. 125 for cash and Tls. 115, Tls. 1174, and Tls. 125 for delivery on the 31st current, and Shanghai-Lang- kat Tobacco shares at Tls. 250 cashı.
Quotations are :-
Hongkong and Shanghai Banking Corporation. -186 per cent. prem.
Bank of China, Japan, and The Straits, Limited. -Nominal.
Bank of China, Japan, and The Straits, Limited, Founders.-Nominal.
National Bank of China, Ld., A.-Nominal. National Bank of China, Ld., B.-Nominal. National Bank of China, Ld., Founders.÷Nom. Shanghai Tugboat Co., Ld.-Tls. 135 per sh. Indo-China Steam N. Co., Ld.-Tis. 35
per China Mutual. S. N. Co.—Tls. 50 per share,
sb.
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