438
METALS
Iron-Nail Rod
Sqnaro. Flat Round Bar
Swedish Bar
Small Round Rod
Hoop..
Old Wire Rope
Lead, Australian,
per picul
3.05 to
800 to 3 05 4.75 to 4.80
3.55 to
4.50 to
3.00 to
0.65 to
per case
Yellow M'tal-Muntz 14/28 oz. 25 25 to
to
to 24.75 to 35.60 to 35.75
Vivian'a, 16/32 oz. 25.00
Elliota, 16/28 oz. 25.00
Japan Copper, Slabs Tin
Tin-Plates
Steel
SUNDRIFS
Quicksilver
Window Glass
Kerosene Oil
per hox
5.00 to
per cwt. case 4.25 to
per picul 109.75 to
per bor
3.8 to per 10-gal. cafe
2.07
to
SHANGHAI, 14th May.-(From Mesurs. Noël, Murray & Co.'s Picce Goods Trade report.) There is more in wement to report in spot cargo this week also in goods for arrival, and a considerable bris mess has been done, although the figures published show a small proportion of the sales actually made. Demand has run chiefly on the better class of 8.4-lbs. Gry Shirtings and White Shirtings, and several large lines bave fallen through owing to holders declining to accept te prices off red, which are, as a rule, only a few points below the rates asked. There appears to be decided reason for this improve ment in demand, other than that the goods are wanted at the outports, aud this applies mara particularly to a certain cles of printed goods, for which orders are already in the bands of dealers, but, as usual, the question of pric
An enquiry for English Sheetings has sprung up using the week and several sales are reported, melium qualities being apparent yiost in demand. Advices from the outporis continue favourable, those from Ningo being particularly good, while an improvement is looked for from Tint-in when the Peiho icer becomes were navigable. This improvement in demand for Cotton gools is confirmed by the prices obtained at auction. Woollens, on the contrary, have gone in favour of hugers."
prevents business.
THE HONGKONG WEEKLY PRESS AND
JOINT STOCK SHARES. HONGKONG, 20th May. The dullness re- ported in our last has continued and we have nothing of any importance to report. Rates have ruled, and close, steady.
BANKS.-Hongkong and Shanghais-A few small sales at 184 and 185 per cent. prom. for cash and the end of the month have been effect- ed; market closes quiet at 185 with cash and a few time shares offering. The latest London Bank of Chinas and Nation- quotation is €42. als remain unchanged and without business.
MARINE INSURANCES.-Small sales of China Traders at $791, Straits at $283. Unions at $2221, and Yangtezes at $150 constitute the eutire business of the week under this heading. FIRE INSURANCES. Both Hongkongs and Chinas have ruled very quiet with small sales of the former at $335 and of the latter at $93.
SHIPPING.Rates show a nearly all round improvement and a fair business has been put through in most of the stocks. Hongkong, Canton, and Macaos continuing in demand the rate rose to $34 for cash and the end of the mouth, at which rate a fair number of shares
more shares
Dou-
changed hands, and more are wanted at the moment without finding sellers. On time a few unimportant transactions were effected at
to for August and could be placed at the latter rate glases in the early part of the week ruled weakish. and sinall sales were effected at 8531. Towards the close, however, in response to a steady demand. the rate gradually crept up to 85. after small sales at $54, 8541. 555, and $55, market closes strong at quotation. Iudo. Chinas have been enquired for from the North. and the rate has improved to $67. after sales at that aud at $66. China and Manilas have ruled firm at 867 with sales, and close steady China Mutuals have found buyers for Preferences at ES s. and a small lot is reported to have changed lands at £8 108; at the latter rate. however, diares are freely offered without find- ing layers.
[May 21, 1896.
Closing quotations are as follow :—
Banks-
COMPANY. [PAID UP.
Hongkong & S'hai... China & Japan, prf. ordinary... deferred...
Do.
Do.
Natl. Bank of China!
B. Shares Founders Shares.. Bell's Asbestos E. A. Brown & Co., H. G. Campbell, Moore & Co.! Carmichael & Co. .... China Sugar Dakin, Cruicks'k & Co. Dairy Farm Co.. Fenwick & Co., Geo. Green Island Cement... H. & China Bakery Hongkong & C. Gas Hongkong Electric H. H. L. Tramways Hongkong Hotel Hongkong Ice II. & K. Wharf & G... Hongkong Rope.... H. & W. Dock Insurances-
Canton. China Fire China Traders'
QUOTATIONS
[$856 25&&'ler's
$125 185 p. ct. prem.
£5
nominal
£1 10s. nominal
£1 £2, buyers`.
£8
$30, sellers
£1
$115, sellers
15s.
$7, sellers
$50
$5, buyers
$10 $5
$20 $8
$100
$118, sales
$5 $1 $10 $5
$25 $24) sales $10 $15, sales $50 $30
£10 $100, buyers
$8 $6.85, sales
$100
$95
$50 $334, sales & buyers
$25
$108, sales
$50
$464, sales & buyers
$50
$119, sellers
$125
182 p. ct. prem.
[$352.50, sel. & b.
$50
$200, sellers
$50
$934, sellers
$25
$794, sales & sellers
Hongkong Fire
$50
$335, sellers
North-China
£25
Tls. 200
$20 $281, buyers
$25
$2224, sales
$60 $150
$50
$714, sales & buyers
$10
$9.25, sellers
$30
$194, sellers
$40
$18, sellers
$100 $61, sales
Straits Union Yangtaze.
Land and Building
II. Land Investment. Humphreys Estate... Kowloon Land & B. West Point Building Luzon Sugar Mining-
Charbonnages Jelebu
+
New Balmoral Oliver's Mines, A.
Do.
Punjom
B.
Do. Preference... Raube
REFINERIES-China Sugars suddenly came into small demand and shares changed hands at S115, S5, S116, and $118 cash, and at $118 Steamship Cova.- and $119 for July and August; at time of writing shares are obtainable on time, but cash shares are not offering at all freely and the market closes steady. Luzons after a small sale at S60, are wanted at the rate.
MINING-Puujoms. after small sales at $16. settled down quietly to $15 to $15 at which rates the market has ruled quiet with small sales, and closes steady but quiet at $16. Pre- ferences have changed hands at $3.25, $3.50,
Balmorals have advanced to $2.25 with sales. and close steady at that rate. Jelebus have further declined to 82.80. Raubs have improved to $5.50 with sales and close firm at that rate. Olivers are enquired for, but no shares are forthcoming at quotations.
DOCKS. WHARVES, AND GODOWNS.-Hong- kong and Whampoa Docks continue to change hands at 182 per cent. prem.. market closing quiet at that on time sales have been effected at 185 for June and 191 for August. Kowloon Wharves after further sales at 846 close rather firmer at that rate. Wanchai Godowns, neglected.
Metals. (From Mr. Alex. Bielfeld's report).- 16th May:The quietness previously reported continues, and there seems to be a total absence of demand from the outports and interior. But the real reason is probably that natives over. estimated the wants of this paing, thinking the shortness of the supply last year greater than it.85, and 84, closing with buyers at $3.90. really was. In fact, only in very few lines could supplies have been short, for the imports of foreign goods into Shanghai during 1895 show an increased value of two million tacls, with a lower rate exchange ruling, as compared with 1891. Nevertheless importing went on merrily not only during the last two months of 1895 but also during January, February, and March this year. Stocks consequently of several leading lines are far heavier than any ordinary demand can call for, for some few months to come; notably this is the case with Nailrods, Old Iron, and most aundry goods. Under these circumstances it is not to be wandered at that natives are selling goods at 10 to 15 per cent. under present costs and that those few importers who continue to bring goods out here to realize, regardless of the statistical position, are by no means pleased with present results.
Lead-The market is quit, Australian offering at Tls. 5.10 "to arrive" and L. B. aud Enthoven at Tls. 5.15. Nailrods and Bar-A sale from stocks has been made of "Goffin" at 108:6, but nothing whatever has been put through by cable, as prices are 7 to 10 per cent. higher than that figure. Stocks are very heavy in spite of an increased consumption. Steel.-2,000 boxes Bamboo Steel, Double Horse, have been contracted for at about £11 3s. Od, c.i.f. Yellow Metal and Copper.-60 cases Yellow Metal Sheathing have been sold at Tls. 19.50, not previously reported. Present prices for 14/32 oz. best brands is Tle. 20 to Tls. 21. Scrap Material. -Contracts have been made for Boiler Plates, Old Wire Rope, and Old Bale Hoops, at private Horse-shoes are not in demand, stocks being heavy and little else can be said of either Tyres or Steel Plate Cuttings. Shoes are quoted at 88/- to 88/- c‚i.f.
terms.
|
LANDS. HOTELS, AND BUILDINGS.--Lands have changed hands at $72 and $714, and a sale is reported at 871; market closes firmish at 5714. Hotels have further improved with sales at $33 West and $334, closing firm at latter rate. Points and Humphreys Estates continue neg. lected at quotations.
MISCELLANEOUS.-Green Islands have found buyers at $15, and more could be placed at the same rate. Watsons have changed hands at 813 and $18 closing steady. The Company's report just issued recommends a final dividend of 5 per cent., to write off $4,868 for deprecia- tion. to place $7,000 to permanent reserve fund, and to carry forward $8,015 to credit of new Electrics have been ne- Working Account. gotiated at $6.75, $6.85, and $6.90, closing with sellers at latter rate. Ropes are reported to have changed hands at $120, and Tramways at $96. Fenwicks have found buyers at $24, $244, and $25, closing steady at the latter rate, and Ices have been negotiated in fair lots at $108.
Do.
China and Manila ... China Mutual Ord... Preference... Douglas S. 8. Co. 1., Canton and M... Indo-China S. N. Wanchai Warelse Co. Watson & Co., A. S ...]
CHATER &
Fcs, 500 $72
$5 $2.80, sales & sellers
$382, sales
$5
$6, buyers
$2 $3
$4 $16, sales & sellers $1 $8.90, sales & buyers
13s. 10. $5.50, sales & sellers
$50
$67, sales
£5
£7.10
£10
£8.10, sales & sellers
$50
$56, sales
$15
$34, sales & buyers
£10
$66 sales
$37 $40, sellers
$10 $13 sales & sellers VERNON, Share Brokers. SHANGHAI, 15th May-(From Messrs. J. P Bisset & Co.'s report.)-Banks.-Hongkong and Shanghai Banking Corporation.-Cash shares have changed hands at 18 and 185 per cent. premium, there being sellers at the close.. Sales have been made for August delivery at 190 per cent premium. Hongkong quotes buyers at 184 per cent premium. The London rate bas improved 10 £12. Bank of China and Japan, Ld.-With reference to our remarks last week on the liability of Chinese shareholders for calls on the shares in the old Bank, we are inf. rned by the Manager that he is advised that they are liable, and suits have already been commenced against them. slipping.-Indo-China S. N. Co.-The decision
of the Naval Court.in favour of the Onto bas had a tendency to strengthen the market. Shares have changed hands at TI. 47/48 for cash, and Tls. 50 for August delivery and shares have been purchased from Hongkong at $69 for August delivery. Time shares are wanted. Hongkong, Canton and Macao Steamboat shares are wanted Docks.-Shares in S. C. in Hongkong at $38.50. Farnham & Co. have been sold at Tle. 205. Marine Insurance.-Unions were purchased locally at $222, and from Hongkong at Tls. 216, at which shares are wanted. Yangtze shares have. een placed at $150 and $147). Straits are wanted at $28 and held for $29. With exception of a sale of Chinas at $93 to Hong- kong, there is no business to report. Shanghai and Hongkew Wharf shares have - changed hands at Tls. 127, and are offering. Sugars.-Perak Sugar Cultivation shares were placed at Tls. 45 cash and Tl. 47 for July. Time shares are wanted. China Sugar Refiuing shares were purchased from Hongkong at $115 cash and $118/19 for July delivery. Luzons are wanted in Hongkong at $60. Lands.-Shanghai Land Investment shares have been placed at Tls. 81 for fully paid up shares and Tls. 60 for shares with
Fire Insurance.—
Wharfs.-
No comments yet.
Private notes are available after approval.