362
8 lbs. 8 Dogs at $3, 500 pieces 10 lbs. Red 5 Men at $3.30, 500 pieces 10 lbs. Blue 5 Men at $3.771, 300 pieces 8 lbs. Blue 7 Boys $2,80, 3,000 pieces 84 lbs. Red Fish at $2.40, 300 pieces 84 lbs. Palace at $3.371, 750 pieces 10 lbs. Mandarin at $3.70. White Shirtings. 1,000 pieces Cat Head No. 500 nt $3.45, 1.000 pieces Gold Dragon at $5 32). 300 pieces Blue Lion at $5.80, 15 pieces Gold Tiger at $5.95, 300 pieces No.: 2 at $6.22); 1,000 pieces D.. 70 at $3.57), 4,000 pieces S. Q. at $4.82), BOO
pieces 300-at $3.55, 2,000 pieces 600 at $4.80. 600 pieces X. 7 at $3.87), 550 pieces No. 3 at $3.45, 2,500 pieces C Mark at $5.60, 500 pieces Gold Goose at 342.25, 250 pieces Peacock at $3.501,250 pieces 300 at $3.55, 1.250. pieces Flower at $4.75, 500 pieces G 14· Ele›hant at 3.821, 1,500 pieces 3 at 3.424. 50 pinces Green Stag at 3.421, 150 pies No 2 at $6.25, 250 pieces Blue Dragon at $5.05, 750 pieces 2 Fish No 400 at $374, T-Cloths-1,125 pieces 7 lbs. Mexican A. A. at $2.15, 30) pieces 8 lbs. Mexican Gol·l Dragon at $2.6:4, 40) pices 7 lbs. Mexican Man Chop at $2.15, 750 pieces 7 lbs, Merican Red Stag at $ ́.32}. Drills-900 pieces 14 lbs, Buffalo at $3.70, 30 pieces 15 lhs. Sword at $4.30, 300 pie es 16 lbs. Large Eagle at $3.30, 600 pieces 14 lbs. 2 Swords at $4 30.
METALS.-Iron-200 tons nail rods Belgian No. 1/6 at $3.75. Yellow Metals-150 cases New brand at $26.50.
SHANGHAI, 29th April.-(From Messrs. Noel, Murray & Co.'s Piece Goods Trade Report) There is no change to report in our market, which still remains firm, but there is next to nothing doing in spot goods. There is ample evidence, however, by the way clearances are going on that the markets in the country are active, and, until the Native holders, bave worked off con-iderably more of the large supplies they have on hand, Importers cannot expect to place anything fur- ther to speak of, especially as much higher prices are now required. At Auction prices are kept on about the same basis as before, and the dealers find the offerings ample to fill all pressing re- quirements. Advices from the Outports continue favourable, even Newch wang commencing to im-
prove, and no doubt when the Natives there meet
with a better demand for their produce they will be able to repond with higher prices goods. "Tientsin pidgin can pasa" is the verdict of the dealers here interested in that trade. Goods are
gradually going into consumption at covering prices and those concerned appear to be satisfied. Very large shipments are going up to Szechuen at present, advantage `being taken of the favour- able condition of the Yangtze River, which becomes almost unnavigable in its upper reaches a little later on in the year. The Hankow mar. ket is also good, but it is difficult to determine what proportion of the freight nominally shipped thither is retained for consumption in the nigh- bourhood and what goes to the markets beyond; anyhow the steamers recently have been taking full cargoes. Ningpo is firmer and more active. All advices from Manchester make that market very strong, prices for most goods, Shirtings eS- pecially, being up three to four pence for the fortnight, and from five to ten per cent. during the last month. This is particularly noticeable in cloths that are shipped also in India, from which it is inferred the trade is being resumed - with that market. Cotton has further advanced to d, and is reported strong, but still there is no further news respecting the co ing crop. Manufacturers in the States have become im- patient for orders again, and their offers to sell at lower prices have been accepted to extent of nearly 10,000 bales during the last ten days, the market showing more firmness when these were
THE HONGKONG WEEKLY PRESS-AND
we can hope for little change till these are disposed of. We hear that a contract is on the point of being closed for a large lot of Nailrods, the price being kept quiet, though as the quota tion for Goffins is 1238., this is probably the basis, Contracts have been made for 140 cases Copper Sheathing at Tls. 28.40, 100 tons Gartaherrie Pig Iron, No. 8 at 63/6.
JOINT STOCK SHARES: been transacted during the week without any HONGKONG, May 5th.-A fair business has
very special feature. Rates have been well maintained and in many cases show advances. Market closes steady.
BANKS.-Hongkong and Shanghais have continued in steady demand and holders being reluctant to part rates have again risen to 177, after small sales at 175. 176, and 177 per cent, prem. for cash at 180 for 31st instant and at about equivalent rates for June July, and August. London rate £40. Nationals still continue on offer without finding buyers and Bank of Chinas remain neglected. The last named Bank's report for 31st December shows a credit balance of £139. 68. 10.
MARINE INSURANCE.-China Traders have changed hands at $77 and $78. Unions have been negotiated, in small lots at $2271 and $230, closing quiet. Cantons with an enquiry advanced to $1873 with sales, but later again have found buyers in the North at quotations. fell to $185. North Chinas and Yangtszes
FIRE INSURANCE.-Hongkongs were ne gotiated during the week at $3471, $348, and later at $350, closing steady at last rate. Chinas continue steady with small sales at $101 and $102.
SHIPPING. Hongkong, Canton and Macaos continue neglected with shares offering at $35 cash and but few sales or buyers over $35; a sale is reported at $361 for September. Indo- and $481, closing firm. China Manilas are en- Chinas have changed hands in fair lots at $48 quired for at $69 to $70, but pone seem to be obtainable except at an advance. Douglases have been pretty freely dealt in at $60, 861, $62, 63, and $64, closing with sellers at $64. China Mutuals remain unchanged.
REFINERIES.—In the early part of the week under review Chinas ruled very firm and sales were effected at $188; later, however, a few shares being on offer the rate went back. to $137 with sales and market closes steady. Luzons have remained steady with business. at $474 aud $48.
MINING-Punjoms have been fairly active and a fair business has been put through at gradually increasing rates. of the week sales were effected at from $51 In the early part to 36 and later at $7, 874, and $74, market closing again quiet at $64. bave found buyers at $1.40, $1.50, and $1.85. Preferences
The result of the April working, including 195 oz. from pockets, is 627 oz. with the result of the Cyanide process still to come in fair lots at from $1.50 to $2 for prefs and to hand. New Balmorals have been negotiated
from $1.50 to $1.90 for ordinaries. Jelebus continue weak without business. Raubs have been dealt in in a small way at $184 cash and $18 for 30th inst., and at time of closing sales. are reported at $20. Olivers B have changed hands at $64 whilst A's have found buyers at $16 to $17. Charbonnages are still enquired for and could be placed at $85, but none seem to be obtainable under $100.
DOCES, WHARVES, AND GODOWNS have all
[May 6, 1897.
wanted at former rate, holders demanding $124. Electrics have changed hands at $8. $8.10, and $8.15, closing quieter at $8. Ropes, Fenwicks, Ices, and Tramways have been negotiated at quotations, closing steady. Cotton Mills in Shanghai have all jumped considerably and close firm at quotations.”
Closing quotations are as follow:
PAID UP. QUOTATION.
Banks-
COMPANY.
Hongkong & S'hai.. China & Japan, prf. Do. ordinary..... Do.
deferred...
Natl. Bank of Chinal
B. Shares................ Founders Shares..
Bell's Asbestos E. A. ... Brown & Co., H. G. Campbell, Moore & Co.
Carmichael & Co....... Dakin, Cruicks'k & Co. China Sugar
Dairy Farm Co.. Fenwick & Co., Geo. Green Island Cement. H. & China Bakery Hongkong & C. Gas Hongkong Electric H. H. L. Tramways Hongkong, lée Hongkong Hotel H. & K. Wharf & G... Hongkong Rope... H. & W. Dock Insurances-.
Canton......... China Fire China Traders
[$346.25, sal. & b. $125 177
£5 nominal
£1 10s. nominal
£1
prem.
£5, buyers
£8
$22, sellers
£1 $20
I
£1 $9, sellers $50 (in liquidation). $10 $84, sules $20-$34 $100 $137, sales
$5 (in liquidation). $5 $5, nominal: $25 $294, sales $102, buyers $50 $31, sales £10 $110, buyers
-$8
$8, sales & buyers
$100
$971, sal. & buyers
$50 $39, sales
$25
$110
$50
$65, sellers
$50
$150, sales & buyers
$125
245 p. ct. prem.
[$431.25, sal. &s,
{
$50
$185, sellera
$20
$102, buyers
$25
$174, sales & sellers
Hongkong Fire
$50
$350, sales & buyers
North-China Straits Union Yangtsze.
£25
Tls. 175, ex div.
$20
$194, sales & sellers
$25
$230, sales & sellers
$60
$165, ex div.
$50 $78), sales & buyers
Land and Building-
H. Land Investment. Humphreys Estate... Kowloon Land &,B. West Point Building Luzon Sugar Mining-
Charbonnages Jelebu
$10 $84, sales & sellers $30 $16
$40
$19.75
$100 $48, sales & sellers
Fca. 500 $85, buyers
$5
$2.25, sal. & sellers
$1
$1.70, sales
Do. Preference Oliver's Mines, A........]
Do.
$1
$1.90, sal. v buyers
$5
$17, sales & buyers
.B.
$24 $61, sales & buyers
New Balmoral
Punjom
Do. Preference... Raube Steamship Coys.—
China and Manila China Mutual Ord... Do. Preference... Douglas S.-S. Co. H., Canton and M... Indo-China 8. N.
Wanchai Wareh'se Co. Watson & Co., A, 8. ....
$4 $6.50, sales & sellers
$1 $1.85, sales.
13s. 10d. $20, sales & sellers
J. Y.
$50 - $70, sales & buyerą
£5 £2 58.
£10 £7, buyers
$50
$64, sales & sellers
$15
$35, buyers
£10 $484, buyers 837 $43, buyers
$10 $12.75, sal. & buyers V VERNON, Broker.
SHANGHAI, 30th April.-(From Mes-rs. J. P. business done during the week, and prices have Bisset & Co.'s Report.)-There has been a fair
been well maintained, with an improvement in Banks,-Hongkong and Shanghai Banking Cor- some cases, more especially Cotton Mill shares. poration.-Shares have changed bends locally at 173 per cent. premium, and have been placed to shares are wanted, but are held for 175, National Hongkong at 17 per cent. premium, at which
cleared off. There will be but a small chanée. ruled quiet with but little business. Hongkong Bank shares are on offer at $23, withou
and Whampoa Docks small sales at $245 and Wanchais at $434 is the only business to and $246, Kowloon Wharves at $65 and $64,
report.
LANDS, HOTELS, AND BUILDINGS.-Hong. kong Lands continue steady with small invest ing transactions at $785 and $79. Hotels: have found buyers at the advanced rate of $39 and close steady to strong at that rate. West Points are still enquired for at 819 without
any
buyers. Marine Insurance.-Unions have been here. China Traders shares are offering at $79. purchased, for Hongkong, costing $232 laid down
for the Manchester heavy makes this year with: all these American goods coming along. Indian Yarn has been rather quieter this week for the lower counts, the native brokers reselling them at a tuel to a tael and a half below the prices Importera are willing to accept. More favourable advices have been received from Bombay, but manufacturers there are asking very high prices, - Metals. (From Messrs. Alex. Bielfeld & Co.'s Report) 30th April-There has been a better feeling during the past week, though there has been very little actual business completed. finding sellers, who ask $20. Humphreys | Hongkong at $350, and Chinas changed hand Deliveries have been very slow.. Buyers in Metals are beginning to realise that they must respond to the home rates, this being shown in the fair prices reached in auction sales. But as most of the Old Material is held at present by natives, they will practically control the market for some time, the only transaction being by auction as recorded below. The excessive stocks held over from last year still clog the way, and, except in a few lines,
Estates and Kowloon Lands have been on the market all the week without finding buyers.
MISCELLANEOUS. Green Islands with a good demand have improved to $32 after fair sales at $293, $30, and $31; on time a few transac tions for July and Sept. are reported at higher than equivalent rates. Watsons have found further buyers at $12 and $124 and more are
North-China Insurance shares were placed at Tls. 191 and Tls. 190 cum div., and we now quote the rate Tls. 178 ex div. Yangtsze Insurance shares changed hands at $167 to $168 for cash, and $168 for the 31st May. We quote the shares been sold at $19 cash and $20 for the 30th June. at $156 ex div. Straits Insurance shares have Fire Insurance.-Hongkonge are offering in locally at $103. Shipping Indo-China 8. N. for cash, Tls. 35 for the 30th June, and 'T'ls. 36 for shares have been placed at Ils. 33) to Tis. 341 the 31st July, and have been sold to Hongkong at $471. Douglas Steamship shares are wanted in Hongkong at $611. Sugar Companies. —Obins Sugar Cultivation shares changed hands at $ 1864, and Luzon Sugar Refining shares were placed
$
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