October 28, 1896.1
Siam, Field, will cleaned,
Garden, White
No. 2 ...$2.83 tn 2.85 No. 1. 2.32 to 3 35 3.44 to 3.47 2.55 to 2.57
Fine Cargo
LAGISELLANEOUS IMPORTS,
· CHINA OVERLAND TRADE REPORT.
HONGKONG, 27th Octoler.-Amongst the sales reported are the following :—
YARN AND PIECE GOOD::--Bombay Tarn.-75 bales No. 6 at $66.50 to $67.50, 860 bales No. 10 ah: $67.50 to $80.50, 410 bales N. 12 at $78 10 $84, 825 bales No. 16 at $84 to $92.50, 475 bales No. 20 at $93 to $99.50. White Shirtings.-300 | pieces Gold Tiger at $5.90, 600 pieces Blue Lion pices 8 lbs. Mexican Red Dragon at $2.25, 300 at $5.75, 500 pieces R. at $5.15. T-Cloths.-600
pieces- 8-lbs. Mexican Silver -Dragon at $2.35, 760 pieces 6 lbs. Pombay at $1.674, 300 pieces 8 lbs Mexican Double Feelung at $2.85. Turkey Reds-210 piec8 8 lbs. Mandarin at $1.62 Drills-225 pieces 14 lbs. Dragon at $3.871. Long Ells-200 pieces 8 lbs. Scarlet at $6.60, 7:0 pieces 0 lbs. 5 Clock at $7.05. Camlets.-100 pieces Assorte 1 9 Old Men at $17.90.
SHANGHAI, 22nd October.-(From Messrs. Noël Murray & Co.'s Piece Goods Trade report.)To importers the period just closing has been dreary in the extreme, as their sales have been very few and of little moment, while clearances, more particularly of English males, have not been satisfactory. There appears to be no demand whatever and the position seems all the more strange when we consider that the season of 1896 will soon be cl sing. It is doubfful if the market has ever been in this state for many years past and it is difficult to assign any reason for it; the Chinese will not buy the goods and importers have to wait until they feel inclined to begin again. From every dependency the advices received bave b en discouraging, Tientsin still fe ling the tightness of money and Newchwang appears to have taken all she wants in the meantime, excepting special makes of Heavy Grey Shirtings. There is Я rumour that the Tientsin and Chefoo dealers have isgned orders to buy where cheapness is to be found, but looking at the paltry settlements one caunot place any reliance on it, but conclude that their emissaries are rather too much" on the cheap." The river ports are all quiet, although a fair quantity of Indian Yarn is aid to have been booked for Hankow. So limited has been the week's busi- ness the auctions have to be taken as the in- dicators of prices which would appear to be still favouring buyers.
small
Metals.(from Messrs. Alex. Bielfeld & Co.'s report.)-23rd October:-Beyond a few transactions in Lead, etc., between natives, Metals have been neglected for some time past, and, as regards Sundries, the Chinese have more stock in hand of all kinds thần has been the case for the last 20 years. Lead has been resold at Tls. 5.30 per picul. Copper Sheathing.-80 cases have changed hands at Tls. 25.
CLOSING QUOTATIONS.
TUESDAY, 27th October. EXCHANGE.
514.
ON LONDON.—
Telegraphic Transfer
Bank Bills, on demand
.2/1
2/11
Bank Bills, at 30 days' sight
2/1
Bank Bills, at 4 months' sight...2/1
Credits, at 4 months' sight
2/17
Documentary Bills, 4 months' sight2/2
ON PARIS-
Bank Bills, on demand
2.67
Credits, at 4 months' sight
2.73
ON GERMANY.—.
On demand
.2.16
OF NEW YORK.—
Bank Bills, on demand
Credits, 60 days' sight
52
ON BOMBAY
Telegraphic Transfer.
Bank, on demand...
ON CALCUTTA,.—
Telegraphic Transfer.
Bank, on demand....
1781
.1724 .173
ON SHANGHAI.
*Bank, at sight
.724
Private, 30 days' sight..
.73}
ON YOKOHAMA,
On demand
ON MANILA
ON SINGAPORE.
On demand.
Ondemand
SOVEREIGNS Bank's Buying Rate GOLD LEAP, 100 fine, per tael
1721
.par.
JOINT STOCK SHARES. HONGKONG, October 27th.-The market has continued dull and inactive, with rates still inclining to weakness, and I have nothing of any importance to report.
BANKS.-Hongkong and Shanghais, with & further fall in the London rate to £41 108., still further weakened here to 187 per cent. few shares changed premium, at which rate hands. On time a few unimportant transactions for December at 190 and for January at 193 have taken place. The market closes weak at 187 per cent. premium. Nationals have been at that rate. The Bank of China and Japan taken off the market at $264 and close steady
has issued a circular to its shareholders in which it states that the Bank is making considerable progress and that the last six months' working has covered the expenses of running..
hands at $584, closing with sellers. Wanchain have found buyers at the advanced rate of $46 cum div. and close steady at $45 ex. div.
נתם.
LANDS, HOTELS, AND BUILDINGS Hong- kong Lands continue to change hands $76 and $76, closing steady at former phreys Estates have found further buyers i and $81, but sellers continue to rule the at former rate. West Points have agai negotiated at $19 and $18
MISCELLANEOUS.Green Islands sold at $171. A. S. Watsons after small sales at $12.80 are
sellers at $6.75. Hongkong Ropes have advanced procurable at $12.75. Hongkong Electrics have foundbuyers at $6,80, $6.85,and $6.90, closing with
$137, $138, and $139 to $140, at which last rate, ;- considerably after sales at $129), $130, $135,
the market declined to $138, which is the a considerable number of shares being on offer, closing rate. Fenwicks have changed hand $29, and Ices at $108. Unions have
found further buyers at $76.
MARINE INSURANCES.-China Traders have
changed hands at $235. Cantons are still in demand at $184, but, beyond a few small lots which have changed hands, are not procurable. Straits have been enquired for in a small way and have been placed in small lots at $271. Yangtzes and North Chinas have ruled quieter with sales at the lower rates of $150 and Tls. 1924 respectively.
FIRE INSURANCES.-The market has been fairly active and rates strong. China Fires in the early part of the week changed hands at $96) and $97, but the demand exceeding the supply the rate quickly rose to $97 and at time of writing buyers would in all probability pay $98. Hongkongs have been done at $339 and close steady at that rate.
or
SHIPPING. Stocks have ruled dull and gen- erally with declining rates. Hongkong, Canton, and Macao Steamboats, owing to unfounded at any rate uncorroborated statements of rumoured opposition on the river, have declined to $32.75, after sales in the early part of the week at $334 and $33; a fair number of shares changed hands at the higher rates, but at time of closing sellers rule the market at $33 and until the opposition_scare has worn off and proved itself to be only one of the periodical false rumours that crop up occasionally, higher rates cannot be looked for. Indo-Chinas have ruled very much firmer and shown more activity than for some time past. The demand, chiefly if not entirely from Shanghai, has resulted in a fair number of sales at $434 to $444 cash and at from $444 to $461 for March next. The market closes steady at $44 cash. Douglases have continued dall and neglected; a small sale is reported at $55, but sellers at that rate have ruled the market for the week under review. China and Manilas have remained dull and unchanged without business. China Mutuals are still offering at quotations.
REFINERIES-China Sugars have ruled much weaker since date of my last and sales have been effected as low as $134; at time of writ- ing sales at $135 and $136 have taken place, but sellers at the latter rate rule the market. Lu zons have again declined to 848 after ruling weak and with no sales between $56 and that rate; sellers rule the market and lower rates are anticipated.
MINING. Punjoms have ruled very steady with fair sales at $114 and $12 for cash and at $12 50 to $12.60 for January. Reports from the mine are more favourable and the market closes steady at quotation. Preference shares are in demand at $3.70, but holders in anticipation of an early dividend do not seem inclined to part. New Balmorals have again changed hands at $1.60 and $1.75 and more are wanted at the former rate without finding sellers. Jelebuz, after the issue of an unsatisfactory report for half-year ending August, 1896, showing a debit balance of $6,781, have ruled very weak, holders vainly endeavouring to part at $23. Baubs continue in favour and have been enquired for at $6.25 without leading to
business.
DOCKS, WHARVES, AND GODOWNS.-Hong kong and Whampoa Docks have continued 15% pm. quiet but steady with small sales at 223 for November, 225 for January, and 227 and 228 for February; the cash rate has remained steady at 218 per cent prem with few if any sales. Kowloon Wharves have again changed
.par.
.9.84 48.90
Closing quotations are as follow:-
COMPANY, PAID UP. QUOTATIONS.
[$358.75, & & sel. $125 187 prem.
£5 nominal
Banks
Hongkong & S'hai... China & Japan, prf.
Do. ordinary... Do. deferred... 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 H. & K. Wharf & G... Hongkong Ice Hongkong Rope... H. & W. Dock Insurances-
1
Canton..
China Fire China Traders'
Hongkong Fire North-China Straits Union Yangtsze..
Land and Building-
! H. Land Investment. Humplireys Estate... Kowloon Land & B. West Point Building Luzon Sugar Mining-
Charbonnages. Jelebu .. New Balmoral Oliver's Mines, A.
Do. Punjom
B
Do. Preference... Raubs Steamship Coys.--
China and Manila...
China Mutual Ord...] Do. Preference.... Douglas S. S. Co. H., Canton and M... Indo-Cliina S. N. Wanchai Wareh’se Co. Watson & Co., A. § ...
£1 10s. nominal
£1
£2, buyers
£8
$261, buyers
nominal
£1 $100
156
$50 (in liquidation).
$10 $6
$20 $8
$100
$136, sales & sellera
$5
$1, buyers
$5
$5, nominal
$25
$29), sales & sellers
$10
$171, sales & sellers.
$50 $30
£10
$138,.sal. & buyers
$8 $6.75, sellers
$100
$98, buyers
$50
$27, sales
$25
$108, sales
$50
$581, sales & sellers
$50 $129, sales
$125
218 pct. prem.⇒
[$397.50, &.&b.
$50
$184. mles & buyers
$20
$97), sales & buyers
$25
$76, sales & sellers
$50
$339, sales & buyers
£25
Tls. 192)
$20
$27
$25
$235, sales
$60 $150, sellers
$50
$754, sellers
$10
$8, sales
$30
8181, sellers
$40
$188, sellers
$100 $48, ellers
Fcs. 500 72)
$5 $2.0, sellers
$3 $1.75, sales & sellers
$5 $7, sellers
$23$3.50, sellers
$4 $12, sales & sellers $1 $3.80, sales
13s. 10d. $6.25, buyers.
$50 $70.
£5
£2.10, sellers
£10
£7, sellers
$50
$55, sales & sellers
$15
$33,sal. & selllers
£10 $434, sellers $37) $45,
sellors
J. Y. V. VERNON, Broker.
Shanghai, 23rd October.-(From Messrs. J. P Bisset & Co.'s report.)-Hongkong and Shanghai Bank shares have been negleted during the week, and Indo-China shares have had most, attention. Banks-llongkong and Shanghai Ranking Cor- poration.-No business has been done, owing to the absence of buyers, and the market is weak with sellers. We quote 188 per cent, remi the closing rate. National Bank. Sharo wanted in Hongkong at $251-hippi China S., N. Co sharea have been lin demand, and cash sales ave been in a le at 81}, Tls. 314 and Tis 32, for Jan February at Uls, 324, and for March Tls. 331 Dooks. Boyd & Co. aliares at Tls. 185. S. C. Fainham &
AB
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