The-Hong-Kong-Weekly-Press-1895-08-21 — Page 19

Hongkong Weekly Press AND China Overland Trade Report All

August 21, 1895.1

Tin-Plates....

Steel

SUNDRIES

Quicksilver...... Window Glass

Kerosene Oil...

per box 5.20 to per cwt. case

5.00 to

121.00 to

CHINA OVERLAND TRADE REPORT.

Closing quotations are as follow.

COMPANY.

nominal

£1 nominal

151

Bank Bills, at 30 day's sight

Bank Bills, at 4 months' sight 2/2 Credits, at 4 months' sight... Documentary Bills,4 months sight 2/23

¡PAID ur.

QUOTATIONS

.2/21

Banks-

per picul

per box 3.20 to

ON PARIS.--

Bank Bills, on demand...

2.711

Hongkong & S'hai. China & Japan, prf. Do. ordina y

$125

180 p. ct. pm., sales

nom nal

£1

Credits, at 4 months' sight.

..2.77

ON GERMANY.—

per 10-gal. case

1.95 to

On Demand

.2.19

Do. deferred Natl. Bank of China

B. Shares.

£8 $251

ON NEW YORK.-

Foun. Shares.... Bell's Asbestos E. A.

£1 $264, sales

Banks Bills, on demand...

15s. $10, seller:

.521

Credits, 60 day's sight..

Brown & Co., H. G..

$50 13, sellers

.54

ON

BOMBAY,—

$10 $2

Telegraphic Transfer

.196

Bank, on demand

1961

CALCUTTA.---

Telegraphic Transfer-

.196

Bank, on demand

.1961

SHANGHAI.---

Banks, at sight

721

Private, 30 day's sight ON YOKOHAMA,—

.72#

..par.

SHANGHAI, 15th August.-(From Mr. G. W Noel's report.)-The back of the summer is broken and the more congenial weather has had the anti- cipated effect on the dealers, who seem to have employed the few weeks' quietness in maturing their plans. The forward buying, mentioned in the last report as having commenced, became more general early in the interval, and favoured by a steady exchange, and not too exacting market in Manchester, one of the largest business ever done here, in the time, has gone through. Al- though the buying has comprised a fair variety of goods, attention has centred chiefly on the 36 and 99 inch Heavy Shirtings, those suitable for the Korean market occupying a prominent position. The enquiry Mas by no means ceased, though prices at home have advanced considerably, and those late with theirs orders find themselves at a disadvantage notwithstanding the better exchange obtainable. Business from stock has been brisk, and consists principally of medium 8.4 Shirtings; towards the close, however, the cheaper classes of American Sheetings have attracted a little atten- tion and some old parcels that have been hanging fire have found buyers. Standard chops are scarce and likely to remain so, shipments being consider ably curtailed, the export from the States, accord- ing to mail advices, being only about two-thirds of the quantity shipped last year. It would seem that this should have a favourable effect on similar Manchester makes, but so far has not done so. Judging by the deliveries here the market in the consuming districts must be in a very satisfactory position, but there is no particulars news from any of our dependencies. There is a good deal of sick ness still prevailing, and two of the Northern Ports have been declared infected, but that is scarcel likely to have any serious affect on trade. The Tientsin men are, indeed, buying in anticipation of further orders, and a few parcels have boen settled for Newchwang also. What with the ra ther free buying that has been going on for this market and the advance in American cotton, owing to reported unfavourable accounts of the growing crop, manufacturers in Manchester, with plenty of orders in hand, have seen fit to raise their prices, for heavy Shirtings especially, which has caused a lull in the buying at the close. Cot ton is now quoted 31d. The crop here, favoured by very suitable weather, is expected to be a very good one and lower prices are assured.

ON

ON

On demand ON MANILsk.--- On démand ON SINGAPORE.-

"

On demand SOVEREIGNS, Bank's Baying Rate. GOLD LEAF. 100 fine, per tael

..41% pm.

par.

.$9.10 47.50

JOINT STOCK SHARES, HONGKONG, 20th August. The firmness and upward tendency reported in our last has resulted in a further rise in rates, and in many cases, notably in Banks and Docks, we have

substantial improvement to report. Market closes firm with a still upward tendency for gilt edge stocks, and for others steady.

BANKS. Hongkong and Shanghais-After further sales at 175 por cont. prem, the rate quickly rose to 180 per cent. prem. with sales at that and intermediate rates and market closes firm at the higher rate. Shares have been enquired for on time, but few if any have changed hands. Nationals are firmer at $26) and a sale of Founders is reported at $105. Bank of China neglected.

of China

MARINE INSURANCES.-Have ruled steady, Small sales have occurred at quotations, and all but we have no increase in rates to report. close steady with the exception Traders, which show a decided upward tendency. FIRE INSURANCES.-Hongkongs have im- proved to $235, and Chinas to $85, with sales, both closing steady.

SHIPPING.-Hongkong, Canton, and Macaos have improved their position after sales at $321 and $324 to $33. Douglas's have found buyers at $53 and $54, and close firmat latter rate. Indo-Chinas have again been enquired for at $47, but holders refuse to part at that rate. business. China Manilas remain unchanged with no

business.

Campbell,Moore& Co. China Sugar

$100 $103, sales

Chinese Loan '86 E..Tls. 250 10

Dakin,Cruicks’k&Co,

Dairy Farm Co.

Fenwick & Co., Geo. Green Island Cement H. Brick & Cement. H. & C. Bakery Hongkong & C. Gas. Hongkong Electric... H. H. L. Tramways. Hongkong Hotel... Hongkong Ice..... H. & K. Wharf & G. Hongkong Rope...... H. & W. Dock.. Insurances--

Canton China Fire China Traders'

Hongkong Fire North-China Straits Union Yangtszo

Land & Building

H. Land Investm't Humphreys Estate Kowloon Land &. B. West Point Buildg. Luzon Sugar Mining-

Charbonnages. Jelebu

New Balmoral, Punjom

Do. (Preference)| Raubs

Steamship Coys.—

China & Manila China Shippers..... Douglas S. S. Co... H., Canton, & M... Indo-China S. N.... W'chai Wareh'se Co. Watson & Co., A. S...

pm

P. ct. $5 $1 $10 $8, sales & buyers $25 $17, sales & buyers $50 $10, sales & buyers $12.50 | $7, sellers

$50 $36 210 $110

$8 $54, sales $100 $70, buyers

$50 .6

$25 $85, buyers

$50 41, sales

$50 $140, buyers

$125 104 p. ct.pm.ex div.,

$50 $180

$20 $85, sales

[buyers

$25 $72, sales & buyers

$50 $235, sales

£25 Tls. 200, sellers

$20 $214, sales

$25 $180

$80 $99, sa èi

$50 61, sales & sellers $10 18

$30 $11, sale: $10 $181, ellers $100 $45

Fes. 500 $115, sales

$5 $3.50, sales $3 $5.60, sellors $33 $4.40

$i$1.30, buyers 13s. 10d. $4.30, sellers

$50 $621

£6

£2.11,6

$50 $54, sales

$20 $58, sales & sellers 210 $47, sales

$37

$371, buyers. $1010, ales CHATER & VERNON Share Brokers.

Bisset & Co.'s Report.)-Banks.-Hongkong and SHANGHAI, 16th August :-(From Messrs. JP. Metals. (From Mr. Alex. Bielfeld's report.)

Shanghai Banking Corporation.-Shares were 16th August -Trade in Metals has been quiet

placed on the 13th for delivery on the 81st current but steady since my last report. The current

at 185 per cent premium, cum dividend. Shares opinion of native dealers is that home prices will

have since changed hands for cash at 175 per cent drop further, and they look for a weakening in outward freight for dead weight during the next

premium, at which they close firm, with buyers. two months. In this they are probably mistaken,

Our latest Hongkong quotation is 175. The. for freights are apparently like almost everything gotiated at $163 in small lots. but more shares shares have been placed, from Hongkong, at $26). REFINERIES-China Sugars have been ne-London rate is £44. National Bank of China else on the other side, at a very low level. Signs indeed are not wanting of a steady improvement are wanted at the rate and do not appear to be Shipping.-Indo-China S. N. shares have been in home values and no less an authority than the forthcoming. Luzons continue at $45 without placed, and are offering, at Tls. 35. Hongkong, Economist points out that a slow but sure and wel-

Canton and Macao Steamboat shares have been come upward movement is taking place already. MINING-Punjoms have ruled quite neglect sold to Hongkong at $32.30 and oxchange 711, and Telegraphic quotations for many lines confirmed and we have no business to report. Balmorals are wanted. Docks.-Shares in S. C. Farnham & this view and unless Chinese dealers satisfy their have been out of favour and after small sales at Co. have been placed at Tls. 160. Marine Insur- wants they will, I expect, have to pay higher prices $5.70 cash and for the end of the month are on Chinas at Tls. 200 and Tls. 205, Unions at $185, ance-A fair business has been done in-North- than those ruling now. Lead.-100 tons L.B. offer at $5.60 without finding buyers. Char-Yangtszes at $95 and $97, and Straits at $21. have been sold at private terni, to arrive; " pre- bonnages have receded with a small sale to Fire Insurance.-A few Hongkongs were placed sent home quotations are £11.18.0, with an upward $115. Other mining stock has ruled neglected. at $227. Chinas are in strong demand at $83. tendency. Iron.-A fair business is on record: MISCELLANEOUS.-Dooks have continued in Wharves.-Shanghai and Hongkew Wharf shares 400 tons "Goffin" Nailrods at 102/6, c.i.f., 100 strong favour, the anticipation of some big jobs were sold, and are wanted, at Tis. 292 ex dividend, "Sohier Exp." Nailrods at 101/0 c.i.f.; 1,500 cases coming having brought them into greater and Birts at Tls. 50. The Hongkong and Kowloon Bamboo Steel, "Double Horse at £10.7.6 c..f. favour Sales have been effected in fair lots at Wharf Co. paid an interim dividend of 2 per cent. 100 tons Coke at 40/0 c.i.f.; 50 tons Gartsherrie, 106, 107, 109, 110, and 111 per cent. prem. cum on the 29th ultimo. We now quote the shares $40 No. 1 Pig Iron, private terms; 100 tons Redcar, dividend, market closing firm with buyers at ex dividend. Mining-Raubs have been parted No. 4 at 58/0 c.i.f.; 50 tons Bar Iron at 103/0 cf. the latter rate, or at 104 ex div.; a further rise with at $4, and Jelebus have been purchased, from 50 tons Bar Iron W. Crown at 112/0 c.i.f.; and in this stock may be fairly expected. Lands Hongkong, at $3.50. some 60/100 tons "Alliance " Nailrod " spot" cargo have been quitted at Tls. 2.20, ex godown. have ruled quiet and beyond a few small lots at Sugar Cultivation shares were placed at Tle. 31, Scrap Material. The market is quiet, and demand $61, we have nothing to report. Kowloon Shanghai Land Investment shares at Tls, 38, small; sales are reported as follows.150 tons

Shanghai Horse Bazaar shares at Tle. 49, Major Steel Plate Cuttings 72/6; 100 tons Horse-shoes

Brothers shares at Tis. 25, Sumatra Tobacco shares 78/6; 50 tons Old Boiler Plates, and 50 tons Angle

at Tls. 125 cash and Tls. 180 for 15th September, Shanghai Langkat Tobacco shares at Tls. 270 and December, and Shanghai Ice shares at Tls. 1171. Tls, 245 cash, Tls. 260 for October and Tls, 275 for Major Brothers shares are wanted at Tls. 25, and held for Tls. 30. Debentures of 1892 were placed at par, plus the Loans.Shanghai Municipal accrued interest.

Iron.

دو

TUESDAY, 20th August. CLOSING QUOTATIONS.

ON LONDON.---

EXCHANGE.

Telegraphic Transfer

Bank Bills, on demand,.

2/17 2/17

Wharfs have improved their position with sales to $41, at which rate market closes steady. Wat- sons have changed hands at $9.80 and $10, clos- ing at latter rate. Fenwicks have advanced to $17, and look like improving further. Electrics have also improved their position with sales at $5.65 and $5.75. Green Islands, after further small sales at $10, close in demand at that rate. Ices have been enquired for at $85, but no shares are forthcoming Dairy Farms have advanced to $8, and close in demand at that rate.

Quotations are :---

Miscellaneous.-Perak

Hongkong and Shanghai Banking Corporation. -175 per cent. prem.

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