194
Mexican
THE HONGKONG WEEKLY PRESS AND
C. at $3.05, 750 pieces 7 lbs. $1.78, 760 pieces 7 lbs. Dragon B. at $2, 600 pieces 8 lbs. Red Stag at $2.671, 750 pieces 7 lbs. Red Stag at $2.823, 750 picces Mexican B. B. at $2.174. Drills,-150 pieces 16
Eagle at $5.20.
STALS
Tin-100 slabs Siam at $31.60.
1
COTTON ARK:
per bale Bombay-Nos. 10 to 20 $77.00 to 110.00 English-Nos. 10 to 24.1C0.00 to 105.00 .108.00 to 118.00 ...117.00 to 123.00
22 to 24
28 to 82
88 to 42
COTTON PILOT GOODS.
Grey Shirting8-6lbs, ...........................
7lbs. B.4 lbs.
***
9 to 10 lbs
White Shirtings-54 to 50 rd.
69 to 60
2.50 to
64 to 66,
Fine
8.00 to 3.90 to Book-folds. 8.20 to
......126.00 to 136.00
per piece 1.40 to 1.55
1,85 to
2.05 2.00 to
8.00 3.20 to 4.00 2.15 to 2.85 8.10 8.50 6.00 6.40 -1.25 1.55 2.95 1,75 2170 B.20
5.00
Victoria Lawns-12 yards... 0.60 to T-Cloths-6lbs. (82 in.), Ord'y. 1.40 to
11
Drille, English 10yds., 194 to
"ANCY COTTONS
Turkoy Red Shirtings-11 to į
7lbs. (32,,).
Gilbs. (82), Mexs.
1.80 to 1.60 to
7lbs. (32 ),
2.25 to
J
8 to 81lbs. (36in.)
2.35 to
4.00
4.00 to
5lbs.
1.20 to $.50
8.75 to 4.50
per yard 0.11 to 0.15 9.07 to 0.10 0,20 to
0.28 0.16 to 10.20 per dozen
Brocades-Dyed
Demasks...
Chintzes Assorted
Velvets-Black, 22 in.........
Velveteens 18 in. can
WOOLLENS
Handkerchiefs-Imitation Silk 0.40 to 0.85
per yard Bpanish Stripes-Sundry chops. 0.65 to 0.95
German
Long Ells-Scarlet
Assorted
Camlets-Assorted
pausus
Saatet
MALASTUSLAR
Lastings-30 yds., 31 inches, {
1.00 to
1.16 8.50
Habit, Med., and Broad Cloths. 1.25 to
per pieco 6.50 to 8.00 8.10 6.60 to 13.00 to 27.00 10.00 to 18.00
8.00 to 3.60
per pair 4.80 to 9.50
per picul 3.60 to
Assorted j
Orleans-Plain
Blankets-8 to 12lbs. STAIS
Square, Flat Round Bar
Swedish Bar
Small Round Bod
Old Wire Rope
Lead, L. B. nad Hole Chop Yellow M'tal-Muntz,14/28 oz.
8.60 to 5.50
P
7.40.
to
Vivian's, 16/32 o*, 28.50 to Elliot's, 16/28 oz. 28.50 to
oan Copper, Slabā ..................................
Tiles ..............................
Tin-Plates
Slee
SUNDRIES
Quicksilver ...................
Window Glass
Kororama Ou
other
Ito
to
to
per box.
per owt case 4.80 to
per picul
per box 8.85 to per 10-gal, case
.......................117.00 to
1.85 to
A smart fall in Exchange has compelled Importers to raise their prices, a step rendered still more: necessary by the advance in Manchester. The native merchants have, however, been able to obtain ample supplies from the dealers, a large quantity changing hands in that way during the week at distinctly enhanced rates. Many of the Indentors must be severely hit by the further decline in-silver, and this should have the effect
|
of well known brands of goods by Auction, as was done yesterday. For their own protection the dealers, who were on the point of selling -several thousands of bales to the Tientsin merch
ants, were forced to buy, and the prices paid, con- sequently, were approximately the market value in the majority of cases, but it remains to be s-en what the next attempt will result in. The boli days are now well over and orders are beginning to come 'n from the Outports. There is a decided ly better demand for Ningpo,/bul the offers to do business, so far, are scarcely up to the ideas of holders. For Hankow, too, there is more move- ment, the clearances for that direction being much more satisfactory than for some time past. Che- foo is quiet, and the Newchwang meu do not ap- pear to be in a hurry to commence operations. The transactions in spot cargo from first hands have been confined chiefly to 8.4-lbs. and 10-lbs. Grey Shirtings, in small parcels for the most part, at alightly higher prices, but the majority of holders are not pressing sales. The only forward business of any importance has been in American Drills, 5,500 bales finding buyers at slightly under previous quotations, just before the drop in Exchange took place.
of strengthening the position very considerably unles the market is altogether demoralised by a continuance of the indiscrimina' slaughter
Metals. (From Messrs. Alex. Bielfeld & Co.'s Report) 5th March:-The import of Iron in all forma, as recorded in the "Customs Gazette" for the quarter ending December 31st last shows a great increase over the last quarter of 1895, nearly 33 per cent. Re-exports, on the other band, show a falling off of 20 per cent, which only corroborates what we have previously said of the market being overstocked. The total revenne collected from imports of this port during the quar er tends to show that the foreign goods imported during the quarter have increased nearly 40 per cent, over the previous year. This is the most satisfactory repert for years, and when taken in connection with the fact that the amount of Import duty collected in nearly every port has increased, should prove more than satis- factory to importers. During the past week there has been very little actual business done. Home quotations for almost every item on our list have risen, but the market here shows no response. Dealers have filled up below home prices and are prepared to wait if need be for further stocks. The present low exchange also militates against much business being closed. Old materials have been freely offering, but no fair offers have been made by native dealers, and it is very difficult to fix the market rate, which may safely be put far below home quotations, however. During the week contracts have been closed for the follow ing:-100 tons Steel Plate Cuttings at Tls.1.92), 150 tons Steel Plate Cuttings mired at Tls.1:85.
JOINT STOCK SHARES HONGKONG, March 10th.-The market con- tinued to rule active during the early part of the week under review, but towards the end a sudden quietness set in and rates with few exceptions showed decided signs of weakness. The unsettled state of affairs in Europe and the drop in exchange are undoubtedly factors and accountable more or less for the sudden stoppage of active business. At the time of closing the market is still quiet with sellers of most stocks at quotations.
the latter rate,
weakness with
rates, viz, $28) $28 for May, $27 without inducin
[March 11, 1897
FIRE INSURANCE Hongkon declined to $370 with sales, but wanted at that rate without market closes steady to strong Ch ruled very quiet, with small sales $1083, closing with sellers at $108:
SHIPPING. Hongkong, Canton and Macaos have ruled easier with more sellers than buyer: at reduced rates. Shares have changed hands at $351 and $35 cash, whilst June chares are enquired for at $86 without bringing out sellers. The market closes steady. Indo Chinas have been dealt in to a fair extent both locally and in Shanghai at $47 and $47) cash and at rather better than equivalent rates rward market closing steady at $47; advices from the North state that the Tientsin trade has opened favourably and that freight prospects for the season have improved. Douglases have ruled firmer with small cash sales at $62 and a limited demand for forward delivery holders, however, do not appear anxious to part and the market shows signs of strengthening. China and Manilas have continued on the upward plane and after sales at $71, $72, $74, and $75 were placed as high as $77. The report just issued shows a net profit of $58,511,50, against $34,659.62 for 1895 (both sums exclusive of amounts brought forward from previous sc- counts), recommends the payment of a 12 per cent. dividend, as against 10 per cent. for 1895, placing $25,000 to reserve fund and carrying forward $4,485.52, a most satisfactory result of the year's working under the adverse circum- stances of quarantine and the rebellion, which latter interfered with the trade considerably during the latter part of the period. China Mutuals continue unchanged, without business.
REFINERIES.-China Sugars have ruled weaker, and sales have been effected at declining rates from $150 to $143. In the early part of the week a fair number were placed at $154 and $153 for July and at $155 for August. It is generally understood that the Consulting Com mittee have decided to pay a dividend of 54 per cent., to write off $25,000 for depreciation, and to carry forward a small sum. Luzons have. continued quiet with little or no business; it is rumoured that the working account shows a profit, but that no dividend will be recommended.
MINING Punjoms, which had – somewhat recovered at time of closing last report, have again experienced a slump, owing to the very disappointing result of the February clean up, which only gave a return of 237 oz. of gold and 204 oz. bullion from the cyanide process of a value of 16/3 per oz. kaubs have ruled in strong demand, the rate quickly rising from $12 to $16 without bringing out any but very small lots of shares; the demand, which was chiefly from Singapore, doubtless foreshadows another good crushing. Olivers A. and B. have changed hands at quotations and Now Bal- morals have been dealt in to a large extent at rates varying from $1.70 to $3.25 for Preferences and at $1.40 to $2.25 for Ordinaries. The market closes quieter with sellers of the former at $2.70 and of the latter at $2.10. Jelebus have changed hands in small lots at quotation. ...
DOCKS, WHAEVES, AND GODOWNS. Hong- kong Docks have ruled much quieter sollera for small cash lots being unable to get 247 per cent and sellers forward being unable place shares
great
and arket W
BANKI.—Hongkong and Shanghai small sales at 174 per cent. P ni, 4th March.—(From Messrs. No to 173 with sellers for cash and & Co.'s Piece Goods Trade Report).—Piece month; only small lots of shares che It was decided by the Steamer Companies at these rates in the early part of the w the issue of our last Report to postpone the later sales were made at 171,
e of the Tientsin fleet for two days, it closing quiet at the latter rate. Nationals the intention now of despatching the have ruled quiet at $25 without business and
Saturday, the 6th instant. There is Bank of Chinas continue out of the marketi, na
rtainty as to the quantity that
MARINE INSURANCE.-China Traders have the dealers asserting that 30,000 packages, instead of been on offer at $795, resulting in small sales at that and at $79, closing with sellers. Unions last week besides which there
$235 and more sha Bome 2/3,000 packages direct have changed hands at
pedhere the unaccounted could probably be obtained at that rate. -
vn úp, as Chinas and Yangtszes have found buyers дате en - brisk quêtations in the North.” Cantons
would been negotiated at $185 and $1874 been an exceedingly dull week: are wanted at the former but with seller
eving
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Docks have kong Land with sma ruled
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