510
COTTON. HONGKONG, 17th June.-Since the last mail left a further decline of 50 cents per picul has taken place in Bengal. The market closes quiet. Stocks: Bengal, about 7,500 bales; Ningpo, uil.
Bombay
$12.00 to 16.00 p. pl. Karrachee
12.00 to 14.50
Bengal, Rangoon, and
Dacca
او
THE HONGKONG WEEKLY PRESS AND
Lastings-30 yds., 31 inches, 10.00 to 1.00
Assorted j
Orleans-Plain
Blankets-810 12lb2,
METALS
Iron-Nail Rod
Square, Flat Round Bar
| 14.30 to 15.30
27
Shanghai and Japanese.. 17.00 to 19.00 Tungehow and Ningpo.. 17.00 to 19.00 Madras
12.00 to 15.50 Sales: 1,200 bales Bengal, Rangoon, and Dacca.
Swedish Bar
**
Small Round Rod
#1
Hoop..
11
Old Wire Rope
Lead, Australian.
RICE. HONGKONG, 17th June.-The Canton market is weak and prices are declining. Closing quota-
tions are:-
Saigon, Ordinary
11
3.00 to 3.60
per pair 4.20 to
per picul
3.05. to
8:00 to
4.80
1
4.75 to 4.80
3.65 to
4.50 to
3.00 to
6.70 to
per case
Yellow M'tal-Muntz,14/28 oz. 25.50 to
24.75 to
35.50 to 35.75
Vivian's, 16/32.oz. 25.00 to Elliot's, 16/28 oz. 24.50 to
Japan Copper, Slubs
per picul. $2.25 to 2.28
Tin
*
2.57 to 2.60
2.68 to 2.70
2.55 to 2,58
No. 1
2.76 to 279 3.07 to 3.10 3.27 to 3.30
· Quicksilver
Bound, good quality Loug
Siam, Field, will cleaned, No. 2
"
39
Garden,
White
·
Fine Cargo
COALS.
IluxGRONG, 17th Junc.-Sales of 2.400 tons Cardiff and 4,000 tons Japanese are reported. Quotations are :-
Cardiff
$12.30 to 12.85 ex ship, nominal. Australian
6.50 to 61.75 ex ship, nominal. Mike Lamp...
5.60 to
5.75 ex ship, nominal. Mike Small... .4.65 to
ex ship, રીંછ Moji Lump
5.50 ex ship, nominal,
4.28:10
MISCELLANEOUS IMPORTS. HONGKONG, 17th June. Amongst the sales reported are the following
*
YARN AND PIECE GOODS-Bombay Yarn.-25 bales No. 6 at $61, 25 bal 8 No. 8 at $68, 940 bales No. 10 at $69 to $75.50, 480 bales No 12 at $74 to $78, 370 bales Nor 16 at $50 to $80, 803 bales No. 20 at $80.75 to $91.50. Grey Shirtings. -600 pieces 81 lbs. 3 Dogs at $2.02), 900 pieces. 8 lbs. Blue Fish at 32.324, 300 pieces 8 lbs. White Shirtings.-250 pieces X 6 at $3.50, 300 pieces Man and Tiger at $4.30, 300 pieces N. 1 at $5.70, 250 pieces Elephant at $4.80, 501 pieces Ship and Elephant at $4.65.
METALS-Tin-500 boxes tinplates at $5.05. Iron.—2,000 bundles nail rols, Belgian No. 1.6, at $3.15. Quicksilver.-50 flasks at $104. COTTON YARN.
Blue Prach at $2.80.
Bombay-Nos. 10 to 20 English-Nos. 16 to 24 22 to 24 28 to 32 38 to 42
37
13
COTTON PIECE GOODS.
Grey Shirtings-fills.
7lbs.
8.4 lbs.
per bale .$63.00 to $1.00
.104.00 to 108.00 ....109.00 10 112.00 ......114.00 to 119.00 ..124.00 to 131.00
9 to 19 lbs
White Shirtings-54 to 56 rd.
Victoria Lawns-12 yards T-Cloths-Glbs. (32 in.), Ord'y. 1.40
Tin-Plates
Steel SUNDRIOS
Window Glass
Kerosene Oil
per box 4.90 to per cwt. case
4.25 to
per picul .105.50 to
per box 3.30 to per 10-gal, case
1.05 to
[June 18, 1896.
now £43.10) and the small demand from the North reported in our last have at last had the effect of strengthening our market and cash shares have changed hands at 187, 188, 189, and 190 per cent. prem. Time shares have been placed for August at 195 and 196 per cent. prem, and at 197 and 198 per cent. prem. for September. Market closes with probable sellers at 190 cash and at 196 for August. Nationals have found buyers at $29, and more shares could be placed at the rate.
MARINE INSURANCES.-China Traders con- tinue steady with small sales at $79. Unions have advanced with sales to $230, closing with buyers. Cantons have found small buyers at $200. Straits have ruled out of favour with no business at $29. Yangtszes have declined to $130 in the North, and North-Chinas to Tls. 1 (8.
SHIPPING. Hongkong, Canton, and Macaos continue quiet with small sales at $341. Indo- Chinas have been dealt in, in fair lots, at $66 cash and $67/68 for September, market closing steady. at $66 cash. Douglases have been compara- tirely neglected, and close somewhat weaker at $63; on time a good many shares have been placed at 866 and $67 for September. China and Manilas have ruled in steady demand, with- out bringing out any shares, at from $67 to $72; we have no sales to report as holders refuse to part with their scrip. China Mutuals have been neglected.
REFINERIES.-China Sugars are reported to have changed hands for October at $120; the cash rate has ruled weak with sellers at $115 and later at $114. Luzons have mater- ially improved their position with reported sales at 864, $65, $66, 867, 868, and $70 per share. At time of closing shares are on offer at $69, without finding, buyers.
SHANGHAI, 11th June.-(From Messrs. Noël, Murray & Co.'s Piece Goods Trade report.) Dealers have continued to buy on the free style that has characterized their transactions of the past two weeks, and apart from their doings giving a buoyant feeling to the market, it must be a comfort to sellers and buyers alike that some one has confidence in the future course of prices. Among Chinese it is openly stated that
MINING. Punjoms.-With still no result of prices in the immediate future must go up and
the May Cyanide clean up the stock has con-' from enquiries made it would appear that advices from the various outporis are much better than tinued neglected and beyond a few small sales no business to the vague orts that are given out to impur- at Slot and $15 we have
Balmorals have found buyers at $3.25 tors; otherwise it is difficult to understand why report. dealers shou'd be contracting for such large and $3.15, and Olivers at $8 (A) and $4 (B). quantities of goods, not merely for immediate The arrangement with the Anglo and Austra- delivery, but for very distaut arrival. The prin- lian Co. reported in our last has been finally cipal buyers have been from Tientsin and New-settled. Jelebus have been in demand and sales chwang, but Hankow dealers bave not been idle, have been effected at $3.30, more shares, being and taken altogether the advices from the wanted at the rate. Raubs have ruled steady outports are very satisfactory indeed, more so at 85 to 85 with small salės. than for some time past. ·
CLOSING QUOTATIONS ·
WEDNESDAY, 17th June. EXCHANGE.
ON LONDON.--
Telegraphic Transfer Bank Bills, ou demand Bank Bills, at 30 days' sight
2.24
.2/21
.2/21
2/27
per piece 1.40 to 1.55 1.85 to 2.05 2.20 to 3.20 to
Bank Bills, at 4 months' sight Credits, at antlis sight Documentary Bills, 1 months sight 2/2
2/21
2/23
ON PARIS.--~
3 10
Bauk Bills, on demand
2.77
4.00
Crédits, at 4 months' sight
2.82
2.30 to
2.50
ON GERMANY. ----
68 to 60
21
61 to 60 Fine
17
2.65 to 3.50 to 4.05 to
3.25
On demand
3.75
ON NEW YORK.—
6.90
Bank Bills, on demand
.53€
Hook-folds. 3.20 10
5.4
Credits, 60 days' sight
.547.
0.60 to
1.23
ON BOMBAY. -----
to
1.55
Telegraphic Transfer.
7lbs. (32 }.
1.80
to
2.95
Bank, on demand.
Glbs. (32,,), Mexs.
1.60
to
1.75
ON CALCUTTA.—
7lbs. (32,, ),
2.15
to
2.40
8 to 8lbs. (36 in.)
2.35
to
3.05
Telegraphic Transfer.
188
Bank, on demand.
.188
3.20 to
4.30
ON SHANGHAI,—
14lbs.
FANCY COTTONS
Bank, at sight
.721
Turkey Re Shirtings-1 to 1.30 to
Private, 30 days sight..
.724
3.50
alba.
ON YOKOHAMA.----
Brocades-Dyed
3.75 to
4.50
ON demand
per yard
ON' MANILA.~
Damasks...
0.12 to
0.13
Ondemand.
Chintzes-Assorted
0.07 to
0.10
ON SIN GAPORE,—
Velvets-Black, 22 in.
0.21 to
0.28
Velveteens-18 in.
0.16 to
0.20
per dozen
0.85
WOOLLEN 8
per yard
Drills, English-10 yds,13 to
Handkerchiefs-Imitation Silk 0.40 to
On demand
SOVEREIGNS, Bank's Buying Rate GOLD LEAF, 100, fine, per tael
.14% pm.
.16% pm.
.1% pm.
.8.93 ..46.80
DOCKS, WHARVES, AND GODOWNS.-Hong- kong and Whampoa Docks have been nearly totally neglected and we have nothing to report. beyond a few small cash sales at 184 and 183 per cent. prem. At time of writing shares åre obtainable at the latter rate. Kowloon Wharves have experienced quite a boom, a good many shares having changed hands at from $53 to $58. The progress of negotiations with the Wanchai Warehouse Co. to lease their Go- downs for a period of from 5 to 10 years, and the consequent probability of being able to raise storage and landing rates, is the cause of the boom. There appears to be some difference of ideas between the two Companies with re- gard to the period of the proposed lease and on some minor points, and if rumour is to be believed the directors of the Kowloon Wharf Co. are far from unánimous in their opinion as to the advisability of the scheme. They have already held two meetings and. another one is called for to-morrow, at which we believe the question will be settled one way or the other. Wanchais have been. enquired for in sympathy with. Kowloons, but we have. heard of no sales.
LANDS, HOTELS, AND BUILDINGS.-Hong- kong Lands have ruled firmer, and sales have been effected at $72, market closing firm with further buyers at that rate. Hotels show a considerable decline without, as far as we know, any business. Offers to sell at $34 meeting · with no response, and several lots of shares being on the market, the rate quickly fell to $29, at which rate shares are still obtainable without finding buyers. West Points neglected. Humphreys have changed hands at $9.
MISCELLANEOUS.-Green Islands continue in fair demand and a fair number have changed Watsons have been negotiated at $12 and $121. Browns are enquired for at Electrics have S5 without finding sellers. ruled steady with sales at $74 and $74. Ropes have improved to $126 after sales at $123, $124, and $125, and Fenwicks have advanced to $281 after small sales at $27 and $271.
hands at $174. 0.95
Spanish Strip es-Sundry chops. 0.60 to
1,15 German
1.00 to
3.50 Habit, Med., and Broad Cloths. 1.25 to
per piece 6.90 to
8.00 8.10 7.00 to 18.00 to 27.00
Long Ells-Scarlet ..........................
Assorted
Camlets-Assorted
JOINT STOCK SHARES. HONGKONG. 17th June. The market has continued fairly active since date of our last, and rates generally have ruled with an upward tendency. At time of closing rates are steady at quotations...
BANKS. Hongkong and Shanghais-A fur ther rise of £1 in the London quotation (which is
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