1
+
November 11, 1896.
---CHINA OVERLAND TRADE REPÓRT.
Malwa ––The market has continned quiet with | delivery of goods already contracted for, excep
little fluctuation in rates. Current quota
lons are as under i.....
Now (this yr's) 740 with all'ance of 0 to 1 ots.
(last yrs)$750
#
to 1 . to 2 0 to 1
M
Old (2/5 yrs.)$7,0 Old (6/7yrs) $800 Persian. There has not been anything dong in this drug during the interval and rates have farther declined, closing quotations being $540 to $400 for Paper-wrapped and $340 to $580 for Oily according to quality..
To-day's stocks are estimated as under :- New Patna....................
......1771 chests.
Old Patna ..................
New Benares
Old Benares
Malwa ...
Persian
»
31 202 ""
442 405
"
"
570
**
COURSE OF THE HONGKONG Opium MarkET.
PÄTKA.
¦ BENARES.
MALWA.
DATE.
New. Old. New.
Old.
New. Old.
1895.
Nov.
$
727+ Nov. 7271 750
$
$
$
$
750
Nov. 7 7274 | 750 Nov. 8 725 750 Nov. 9 725 750 Nov. 725 750
740 740 740
732) 740 750 780/800
740 735 735
RICE.
7274. 740/750 780 800 7271 740 750 780 800
727 740/750 780 800 725 740 750 780 800 720 740 750 780,800
IlonaKoNG, 10th November.-Prices continue to advance, arrivals being small. Closing quota
tions are:-
Saigon, Ordinary
"
#
Round, good quality Long
Siam, Field, mill cleaned, No. 2
婆
Garden,
White
Fine Cargo
No. 1
....
e
in small lots to supply present wants. The wid margin between the prices offered by natiy bayers of Metals and sundries and pricee asked by import firms have brought business to almost a dea llock, Yellow Metal Shenting.-40 cases (Mantz have been sold at Tls. 21 per picul. Fine Iron Wire-0 casks were sold at Tls. 7 per picul. Lead.-75 tons L.B. sold at Tls. 5.30 and at Public Auction the following Old Tran has been sold:-1,340 pieuls Nailrod at Tls. 1.714; 600 piculs Nailrod at 'T'ls. 1.70; 324 pieuls Bar Iron at Tls. 1.86; 5,750 picu's Steel Plate Cutting at Tls, 1.46 to Tls. 1.72 120 picul Boiler Plates at Tls. 1.344; 350 Bar Cropping at Tis. 2.08; 2-0 picals Wire Rigging at Tis. 1.20 to Tls, 1.271; 600 piculs Enamelled Plates at T's, 1.80.
;-
JOINT STOCK SHARES. HONGKONG. November 10th. The past week has been one of no importance, and the market has ruled dull without activity and, if a further slight inclination to weakness in rates is ex- cepted, featureless.
BANKS.-Hongkong and Shanghais have remained weak, with no buyers and a further decline to: 182 per cent. premium has been ex- perienced. I have heard of no sales for cash, but a few unimportant transactions on time have been put through, chiefly at 188 per cent. prem. for December. Nationals have ruled very unsteady at $27 and $274, buyers one day ruling the market at these rates, sellers the next, and with all little or no business having been effected. Bank of China Founders are
enquired for, and the ordinary shares might have been dealt in if holders had been willing per picul. to name a reasonable selling rate; in the absence $2.48 to 2.50 of such, however, the quotation remains no-
2.67 to 2.69 | minal. 2.80 to 2.83 2.60 to 2,62 2.85 to 2 87 3.37 to 3.40 3.50 to 3.52
MISCELLANEOUS IMPORTS. HONGKONG, 10th November-Amongst the sales reported are the following:-
YARN AND PIECE GOOD-Bombay Yarn.-25 bales No. 6 at $65.5, 415 bales No. 10 at $78 to $81, 385 bales No. 12 at $79 to $85.23, 265 bales No 16 at $84 to $91.50, 590 bales No. 20 at $9.50 to $98. Grey Shirtings. —230 pieces 10 lbs. Green Flower at $3.95. White Shirtings.-150 pieces Gold Tiger at $5.90, 1,000 pieces Blue Dragon
nt $5.05, 250 pieces X. 6 at $3.55, T-Cloths.-600 pieces 8 lbs. Mexican Hunter and Stag at $3.10, 300 pieces 8 1. Mexican V. V. at $2.95, 303 pieces 8 lbs. Mexican X. X. at $3. Turkey Reds. 210 pieces 2 lbs. Com.n! $1,32'.
METALS.-Iron.-50 kegs, 100 catties, at $5.45, 200 kegs, 84 catties, fine, at $5.65. Yellow Metals. -40 cases 16/24 ozs. New Brauch at $26. 0. Tin.—100 slabs Fungchai at $38.
|
MARINE INSURANCES.-China Traders have changed hands at $76 and more are obtainable at the rate. Unions continue steady at $235 without sales, and close with small sellers. Cantons have been enquired for at $184 and $185 without resulting in business and none seem to be forthcoming at the rates. Yangtszes have recovered to $145 with buyers. North Chinas and Straits have found small buyers 'at quotations.
FIRE INSURANCES.-Hongkongs after sales at $343 have further advanced to $3471 with little or no business at the higher rates, holders refusing to part. Chinas have continued in good demand and the rate has gradually risen to $103 after fair sales at $10 and $102; on time shares have changed hands at $104 for February. The fact of the home offices having agreed to accept and run on the increased China Association rates is the chief cause for the rise in Fire stock, but apart from that it is generally understood that both Companies are doing very well.
SHIPPING. Hongkong, Canton, and Macaos. -After further small and unimportant sales at $33, the market showed signs of weakness and with further sellers at that, the rate gave way and shares changed hands at $32.75; at that price, however, with the tempting return of close on 7 per cent. per annum, more shares could be placed. Indo-Chinas have been done in small lots at $41, $414, and 842, closing firm at 8411. China and Manilas remain a dead letter. Douglases after further small sales at $55 are wanted at $55. China Mutuals con- tinue on offer at quotations without business.
SHANGHAI, 5th November.-(From Mesars. Noël Murray & Co.'s Piece Goods Trade report.) — It is getting harder and harder to write anything about this import market as each successive week indicates that business is becoming in re and inore restricted. During the interval the Race Holidays have taken place, but these, in no way, can be credited with interfering with the tale, as most importers, as far as we know, have not had any offers to consider. Exchange, to, is lower, and this in the ordinary course of affairs would doubtless have had some effect on the market, but as things are now it only serves as
REFINERIES.-China Sugars.-A fair number a matter of comment. What demand there is of shares have changed hands at $136 cash, and has been easily supplied by the auctions which, al-market closes steady at that rate. Luzons have though reduced, seem to have no effect in checking ruled much steadier with sales and buyers the downward course of prices. Privately next to at $46. nothing has been done. Here and there small MINING.-Punjoms during the week have sales are heard of, but these we believe are tran- changed hands in fair lots at $12.75 and $13 sactions among Chinese and not direct dea ings for cash, and at equivalent rates for December with importer. Some attempts have been unade and January; at time of writing the market at arranging business for delivery after next is quiet at $13. The result of the October China New Year, but these with one or two small clean up arrived yesterday and is as follows: exceptions have failed, the difference in prices The mill ran 28 days crushing 1,200 tons of boing much too great to admit of business.
Metala.- (From M 8 rs. Alex. Bielfeld & Co.'s report)-9th November:-Since my last circular, the import market has remain d depressed, and information from the North and other consuming districts brings forward no indication of an early improvement, but has rather been disappointing, as well as having been followed by a further reakening in prices of most articles enumerated elow There is almost a complete absence of buying, and native contractors are not taking
ore yielding 620 oz. of smelted gold; 45 tons of concentrates yielded 50 oz. of gold by the calcine treatment; and the cyanide process gave 307 oz. bullion of a value of £ 6s. per oz. from 630 tons of ordinary tailings. This result of about 820 oz. of gold should prove satisfactory to shareholders. Balmorals have found buyers in small lots at quotation. Jelebus have ruled weak with sellers at $2.50. Raubs. With orders from Singapore to buy
the market has improved to $7.25 after sales at $6.75, $6.80, 87, $7.10, and $7.15, and closes strong. Other stocks under this heading remain neglected with no business,
DOCKS, WHARVES, AND GODOWNS. There is but little to report under this heading
Dooks have ruled steady at from 218 to 219 per cent. premium, although the news of the Tasang being on shore in the Canton River caused a small spurt for a few hours and shares changed hands at 220 cash, 222 for end of the month, and 225 for December. At time of writing the market is steady at 219. Kowloon Wharves have been quiet with small sales at Wanchais quotation, closing with sellers. also continue quiet without business.
LANDS, HOTELS, AND BUILDINGS –Lands. have found investing buyers at $76 and are wanted at the rate. Hotels are enquired for at $274, but none are forthcoming at that rate. West Points have changed hands at $18) and $19, closing with buyers at the former and sellers at the latter rate. Humphreys con- tinue quiet with some few shares offering at $8.75.
MISCELLANEOUS.-Green Islands have found buyers at $174 and $174 and close steady to firm at latter rate and shares are enquired for on time at better than equivalent rates. Watsons have been again placed at $12.75. Electrics have without any apparent reason suffered a sudden drop to $6.25, after sales at $6.80, $6.75, and $6.50. Hongkong Ropes are in demand at $142 after small sales at $140 and $141, The Company is reported to be doing very well. Fenwicks have been the medium of investment at $291 and $29, and Tramways have changed hands at $98.
Closing quotations are as follow :--.
PAID UP QUOTATIONS.
COMPANY.
Caoks-
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. Gras 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 Yangtaze..
Land and Building-
H. Land Investment. Humphreys Estate..... Kowloon Land & B. West Point Building Luzon Sugar Mining
Charbonnages Jelebu
New Balmoral' ..... Oliver's Mines, ▲,
Do. Punjom
.B.
Do. Preference... Raube
Steamship Coys.
China and Manila . China Mu tual Ord... Do. Preference... Douglas S. S. Co. H., Canton and M...
Indo-China S.-N. Izj Wanchai Watch se Co. Watson & Co., A. S...
[$3524, 8. & sel.
$125 182 % prem-
£5 nominal £1 10s. nominal
£1
£2, buyers
£8
$27
£1 $100, sellers
15s,
nominal
$50
(in liquidation).
$10 $6
$20 $8
$100
$136, sales & selllers
$5
nomiual'
$5
$5, nominal
$25
$291, sales & sellers
$10
$171, buyers
$50 $30
£10 $110, sales
$8 $6.25, sales
$100 $98, sales
$50 $27, buyers $25 $103, sales & sellers $50 $53, sellers $50 $12, buyers $125
219 p. ct. prem.— [$395.75, sales $50 $185. buyers
$20 $103, sales & sellers $25 $75), sales & sellers $50 $3474, sales £25
Tls. 1924 $20 $27, sellers $25 $235, sales $60 $145, buyers
$50 $76, sales & buyers $10 484, sales & sellers $30 $181, sellers $40 $184, buyers $100 $40, sales
Fca. 500 (72)
$5 $2.0, sellers $3 $1.65, sales
$5 $6, sellers
$2 $3.25, sellers
$4 $12.75, sal. & sellers
$153.90, sales
138. 10d. $7.25, sales & buyers
$50 $6:9; sellers
£5 £2.10, sellers £10 £
$50 $55) sales $15 $32.75,8al & buyers £1011, sales & buyers $37 $45
$10-$12.75, sal. & sellers J. Y. V. VERNON, Broker
No comments yet.
Private notes are available after approval.