August 27 1896
ably. On the whole the outlook in than it has been for a good whi
almost a certainty that the next will see a sharp revival in almost every trade.
PATKA.
BEN ARES.
MALWA.
DATE.
170
COURSE OF THE Hongkong Opium Market,
THE HONGKONG WEEKLY PRESS AND
commission houses we munerative rates esta
certa
Victoria Lawns-12 yards 0.60 to T-Cloths-6lbs. (32 in.). Ord'y. 1.40 to
7lbs. (32,,),-
1.25
1,55
1.80 to
2 95.
New. old. New.
Old.
New. Old.
1896.
$
$
$
$
$
Glbs. (32), Mexs. 1.60 to ilbs. (32 ).
Drills, English-40 yds, 13 to
1.75
the land boom, the will also releaso:
2.15 to
2.40
"
J
which will help the turn of
A to 8lbs. (36 in)
2.35 to
3.05
Aug. 20 120
Aug. 19 117
3.20 to
4.30
7221
7374
730
1740 790
14lbs......
7224
737+
730
1740 790
FANCY COTTONS
Aug. 21 1174
720
740
730. 1740 790
Turkey Red Skirtings-1} to
Aug. 22 1171 | 720
7371
730
740.790
1.20 to
8.50
5lbs.
Aug. 23 115
720
7371
730
740.790
Aug. 24 112}
7171
735
730
(740 790
Brocades-Dyed
8.75 to
Aug. 25 1174 720
732)
730
740,790
Aug. 26
1173 720
735
730
740/790
Damasks.....
Chintzes-Assorted
COTTON.
Velvets-Black. 22 in..
Velveteens-18 in.
WOOLLE R
HONGKONG, 26th August.-Owing to a most ir- regular exchange the mark-t for Cotton has been unreliable. At the same time the volume of busi- ness put through cannot be said to have been un- atisfactory as the figures at foot show. Stocks in hand are now very small, and higher prices may be looked forward to. Stock: Bengal, about 800 bales.
Bombay
Kurrachee
.$13.00 to 16.00 p. pl.
12.50 to 15.50
} 15.00 to 16.55
#!
11
Bengal, Rangoon, and
Dacca Shanghai and Japanese.. Tungelow and Singpo.. Madras Sales: 1,200 bales Bengal, Rangoon, aud Dacca.
RICE.
17.50 to 19.50 17.50 to 19.50 13.90 to Iri.00
4.50
per yard 0.12 to 0.15 0.07 to 0.10 0.21 to
0.28 0.16 to 0.20
per dozen
0.85
Handkerchiefs-Imitation Silk 0.40 to
per yard
1.00 to
Spanish Stripes-Sundry chops. 0.55 to 0.95
German
1.15 Habit, Med..and Broad Cloths. 1.25 to 8.50
pur piece Long Ells-Scarlet
6.50 to 8.00 6.60 to
8.10 13.00 to 27.00
Lastings-30 yds., 31 inches, 10.00 to 18.00
Assorted j
Assorted
Camlets-Assorted
JI
**
Orleans Plain
27
Blankets-8 to 12lbs.
Hoxakosa, 24th August.-Supplies are larger and prices are declining, Closing quotations
- Are!
Saigon, Ordinary
Round, good quality Long
METALS
Iron-Nail Rod.
Square. Flat Round Bar
per picul.
Swedish Bar
$2.22 to 2.25
Small Round Rod
2.49 to 2.51
Hoop...
2.61 to 2,65
Old Wire Rope
...
2.28 to 2.30
Lead, Australian..
No. 1
2.74 10 2 76
2.95 to 2.97
3.30 to 3.83
Siam, Field, mill cleaned, No. 2
"
Garden,
**
•
White
"
Fine Cargo
MISCELLANEOUS IMPORTS. HONGKONG, 26th August.-Amongst the sales reported are the following:-
YARN AND PIECE GOODS:-Bombay Yarn.-55 bales No. 8 at $64 to $69.50, 1,435 bales No. 10 at $72.50 to 293, 380 bales No. 12 at $77.81 to $81.50, 420 bales No. 16 at $84 t $92, 555 bales No. 21 at $93 to $96.50. Grey Shirtings.~600 pieces 8 lbs. Blue Joss B at $2.921. 600 pieces 81 lbs. 3 Dogs at $2.92). 230 pieces 10 fs. Horse and Gun at $3.40, 750 pieces 10 lbs. Blue Angle at $3,671, 1,250 pieces 10 lbs. Blue 5 Men at $3.80, 1.200 pieces 3 lbs. Blue Peach at $2.82), 500 piecos 10 lbs. Stag at $3 85, 750 pieces 10 lbs Chang Way at $3.971. White Shirtings.-500 pieces X. 6 at $3.55, 500 pieces X. 7 at $3,80,750 pieces X. 8 nt $4.25, 500 pieces S.Q. at $4.271, 1,000 pieces Flower at $4.714 to $1.72), 300 pieers Gold Tiger at $5.80, 500 pieces D.F. at $4.75, 500 pieces Son Otter at $1.671, 500 pieces 48 Reeds at $2,20. 750 pieces Man and Lion at $1.35, 500 pieces S.S. at $4.47), 750 pieces No. 7 at $.390, 250 pieces Flag at $4.10. T. Cloths.-50 pieces 7 lba, Mexican Blue Dragon at $2.624, 750 pieces 7 lbs. Mexican Crown at $2.274, 900 pieces 8 lbs. Merican V.V. at $2.90, 480 pieces 8 lbs. Mexican Red Moon at $2.82), 375 pieces 7 lbs. Mexican Blue Dragon B.B: at $2.25, 500 pieces 6 lbs. Bombay at $1.60. Long Els.--375 pieces 8 lbs. Scarlet at $6.50, 500 pieces 9 lbs. Scarlet at $6.90 to $6.95, 250 pieecs 8 lbs. 4 Cocks Scarlet at $12.50, 600 pieces lbs. 5 Cocks Scarlet at $6.95. Camlets,-80 pieces 9 Birds Scarlet at $12.50, 100 pieces 2 Ells Assorted at $13, 100 pieces 5 Cocks Scarlet at $13.25.
METALS:-Yellow Metal-100 cases New 14/20 ozs. at $26, 20 cases at $69.50. Tron-200 kegs wire nails, fine, at $5.65. Tin.-200 slabs I cong- chai at $33 to $33.10, 100 slabs Siam at :22.93. COTTON YARN.
Bombay-Nos. 10 to 20 English-Nos. 16 to 21 22 to 24 28 to 32 38 to 42 COTTON PIECE GOODS.
"
""
"
per bale
$68.00 to $57.00 .....100.00 to 105.00 .103.00 10 108.00 ......114.00 to 119.00. ......118.00 to 126.00
Grey Shirtings-GILS. .........................
71b8, 8.4 lbs. 0 to 10 lb;
CLICK.
per piece 1.40 to 1.55 1.75 to 193 2.00 to 3.00 8.20 to 4.00 2.15 to 2.33. 2.50 to -3.10 64 to. GG 3.00 to 8.50 Fine
3.90 to 6.90 Book-folds. 3.20 to 6.40
White Shirtings-54 to 56 rd.
58 to 60
21
+
|
3.00 to 9.60
per pair 4.80 to 8.40
per picul
3.25 to
to
to
to
to
<<
to 6.70 to
Yellow M'tal-Muntz, 14/28 oz.27.00 to Vivian's, 16/32 oz.26.50 to Elliot's, 16/28 oz. 26.50 to Japan Copper, Slabs
to Tio
-‹ to
Tin-Plates
Steel BUND 118
Quicksilver
Window Glass
Kerosene Oil
事
per bor
5.10 to
per cwt. care
4.25 to
per picul 102.00 to
per bor 3.50 to per 10-gal, case 2.00 to 1.02
SHANGHAI, 13th August.-(From Messrs. Noël, Murray & Co.'s Piece Goods Trade report.) There is very little to report about the state of the market, as business may be said to be at a dead lock. The sudden advance in the price of Cotton came as a surprise to most people engaged in the import trade, but this movement sinks into insignificance when compared with the latest vagary of exchange, which has taken such a down. ward rush that business is practially prohibited. There are still no definite reasons to hand why Cotton should have made the recent advance, but it would appear that there is some good cause for it as advices to-day bring the quotation as 4jd. Exchange closed last week at 2/11‡d, and during the week has been quoted as low as 2/101d., but at the time of writing it is rather stronger again, 2/ld. being easily obtainable. Under such violent fluctuations it is useless to think of business and the only alternative is to leave matters alone until they adjust themselves. Meanwhile dealers are clearing goods in a very satisfactory way, but they too have now reason to act with caution, as demand from the various Outports has improved during the week, and several holders have refused to entertain any offer for their unsold stock until they see some reasonable chance of replacing. Prices at auction are slowly responding to the present position, and they are likely to improve while importers are kept off the market. Advices from America report a strong and advancing market, while recent quotations from Manchester will admit of no business on the present basis of price: here.
Metals (From Messrs Alex. Bielfeld & Co.'s report. 21st August:-There is very little to re- port in the way of improvement in metals and none at all in sundries. The general rise at home accounts in some mamer for the apathy of native dealers; they will hold on while any stock remains on hand. believing that rates are certain to return to the prices of six or nine months ago. When the present stocks in the bands of dealers are finished, or nearly so, the usual reaction must résult; and in spite of the sharp competition amongst the
JOINT STOCK SHARES HONGKONG, 26th August The during the week under review has co fairly active and although no importan sactions have taken place stocks hav pretty generally dealt in at steadily rates. At time of closing a slight, inclination to, weakness is apparent.
BANKS.-Hongkong and Shanghaishave ruled at from 184 to 185 per cent, prem. ex div with sales at both rates and at 1841. At time of closing small sales are reported at 1844, but larger lots are, we believe, obtainable at 184. We have heard of no time transactions. The latest London rate is £42 5s. ex div.
"
MARINE INSURANCES.-Sales of China Traders at $80 have taken place and more shares are probably procurable at the rate. Straits, Unions, Cantons, and the Northern- Insurances remain unchanged without business.
FIRE INSURANCES.-Hongkongs have ruled inactive but steady at $3321 and China Fires weak with sales at $95.
SHIPPING-Hongkong, Canton, and Macsor have changed hands in fair lots at $33 and $31 cash, the latter being the ruling rate on time shares have changed hands at $35 and $344 for January in fair lots and for December at $344; market closes with sellers at $331* Indo- Chinas have continued dull and neglected with a falling market and, as far as we know, no business; at time of closing shares are obtainable at $16. China Manilas continue in request at $71, with sellers at $72; we have heard of no sales. Douglases in the early part of the week ruled nominally firm at $65 to $66 without as far as we know any authentic sales; at time of writing a few shares on offer failed to secure a better rate than $645, at which some few parcels changed hands. China Mutuals remain neglected without bu- siness.
REFINERIES.-With rumours that the China- Sugar Refinery had wiped off the debit balance of last working account the shares rapidly rose from $111 to $117 with sales at those and intermediate rates; market closes rather quieter with probable sellers at $116. Luzons continue shares are now obtainable at $64. on the downward track without business, and
MINING-Punjoms have continued very quiet with small sales at $14.25 and $14.50, closing at the former rate. Preference have found buyers and are still wanted in a small way at $3.80. With the exception of Jelebus, which have changed hands in small lots at $2.90, we have nothing else to report under this heading.
DOCKS, WHARVES, and GoDownS.-Hong- kong and Whampoa Docks have improved their position in the course of the week, sales having been effected at 194, 1943, and 195 for cash and end of the month cum. div., and at 183, 184 and 185 per cent. prem. ex div. Time sales have been effected for October at 186, November at 1873, and February at 194 per cent, prem. ex div. At time of writing shares are obtainable at 185 or possibly at 1844, whilst buyers vainly offer 184. We learn that although not quite definitely fixed, the Gaelic, which recently on shore in the Straits of Shiminoseki now undergoing temporary repairs at will in all probability come dow complete her repairs and to take her place on the line. Four Japanese steamers are also reported to be coming down for repairs. loon Wharves have ruled quiet at $55 cum and $534 ex div. with small sales. W have been neglected at $45 to $46.-
2
LANDS, ~ HOTELS, AND BUILDINGBWO have heard of no sales of Hongkong shares have been on offer during $741 and 974, closing with se rate. Hotels have found sm West Points at $18, and H
MISCELLANEOUS. enquired for $171, būt
have
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