The-Hong-Kong-Weekly-Press-1897-08-12 — Page 14

Hongkong Weekly Press AND China Overland Trade Report All

138

The steamship Chingwo, sailed on the 4th August. For London:-2,884 boxes tea, 1,887

-ohests tea, 150 cases palm leaf fans, 140 | packages bambooware, 120 rolls mats and mat. ting, 35 packages tea, 24 bales canes and 15 cases blackwoodware. For London and/or Man- ohester -125 bales waste silk.

Per steamer Malacca, sailed on the 4th Aug ForLondon :-364 rolls mats. 225 bales canes, 14 bales feathers, 2 cases feathers, 16 cases, chinaware, 60 cases leaf fans, 3 cases silk piece goods, 11 cases blackwoodware, 12 cases bristles, 1 case preserved ginger, 1 case cigars, 92 packages rattanware, 9,054 boxes tea (190,134 Ibs.) and 13 boxes tea.

The steamer Priam, sailed on the 4th Aug. For London:-300 packages tea, 40 cases essen- tial oil, 29 cases blackwoodwars, 11 cases china. ware, 135 bales canes, 75 rolls matting and 1 package sundries. For London and/or Man. ahester:-)

-150 bales waste silk. For Manches. ter:-270 bales waste silk. For Hamburg: 187 bales feathers.

OPIUM.

HONGKONG, 11th August.-Bengal.-There has been an advance in prices owing to the heavy drop in the exchange on India, latest quotations being. $717} for New Patna and New Benares, and $770 nominally for Old Patna.

Malwa.-Business has been fairly active and prices have improved. The following are the latest figures:~

New (this yrs) $790 with all'ance of 0 to $cts.

$840

"

33

(last

(2/5 ) $870

**

22

(6/10,.) $90

Persian. The market

"

22

0 to 1

1 to 3

92

0 to 1

21

bas continued steady

and prices have alvanced to a

small extent.

Latest quotations are $500 to $650 for Paper- wrapped and $500 to $620 for Oily according to quality.

To-day's stocks are estimated as under:-

New Patna.

Old Patna

New Benares

Malwa

- Persian

THE HONGKONG WEEKLY PRESS AND

MISCELLANEOUS IMPORTS. HONGKONG 11th August Amongst the sales reported are the following:-

YARN AND PIECE GOODS:-Bombay Yarn.- 50 bales No. 8 at $88, 700 bales No. 10 at $88 to $100, 440 bales No. 12 at $95 to $100, 251 vales No. 16 at $1-2 to $111, 9:5 bales No. 20 at $100 to $118. Japanese Yarn.-30 bales No. 12 at $10), 20 bales No. 20 at $113, 30. Grey Shirtings.-500 | pieces 84 lbs. Stag at $1.10, 500 pieces, 10 lbs. Palm at $4.10, 50 prices 10 lbs. Blue Triangle at $3.90, 600 pieces 84 lbs. C. K. at $2.373. White Shirtings-500 pieces D. 70 at $3.75, 25) pieces Gold Pheasant at $3.55, 600 pieces 9. Q. at $1,571, 200 pieces No. 7,000 at $5.63. T-Cloths.875 pieces 7lbs. Mexican Blue Dragon B. B. at $2.87), 1,500 pieces lbs. Mexican vilver Lion No. 2 at $1.91, 750 pieces 7 lbs. 4 Stags at $2.271, 600 pieces 8 lbs. X. M. at $2.45, 1,500 pieces 7 lba. Mexionn Cow at $1.90, 250 pieces 32 in lbs. Mexican Gold Horse at $2.80, 500 pieces 32 in lbs. Mexican Bear at $3. Spanish Stripes-360 pieces B. B. B. assorted at $0.61). Long Ells-750 pieces 8 lbs Scarlet $7.15, 25 pieces 8 lbs. Purple METALS.-Tin-100 #inbs Foong Chai at $36.70 to $36.80, 200 slabs Siam at $36.40. COTTON PIECE GOODS.

Grey Shirtings-6lbs.

at 7.15.

White Shirtings-54 to 56 rd.

7lbs. 8.4 lbs.

9 to 10 lbs

59 to 60 64 to 66 Fine

Victoria Lawns-12 yards T-Cloths-filbs. (32 in.), Ordʼy, 153

7lbs. (32 },

---

per piece 1.80 to 1.90 2.10 to 2.30 2.45 to

3.40 8.40 to

4.30 2.65 2.45 to 2.80 to 3.40 to 4.20 to Book-folds. 3.70 to

0.67

to

3.40 4.00 7.30 5.90 1.35

to

1.75

1.95 to

2.20

Albs. (32

), Mexs. 1.75, to 7lbs. (32,, ),

1.80

2.20

to

3.00

8 to 8.4 oz, (36 in.)

2.45

to 3.30

3.85 to

14lbs...

FANCY COTTONS

Drills, English-40 yıls.,134 to

8 88888

5.25

Turkey Red Shirtings-1 to 1.45 to 4.00

5lbs.

......1,825 chests.

29

"

Brocades-Dyed

593

313

Damasks.

733

Chintzes-Assorted

Velvets-Black. 22 in............. Velveteens-18 in.

COURSE OF THE HONGKONG OPIUM M·RKET.

DATE.

PATNA.

BENARES:

MALWA.

Now. Old. New. Old New. Old.

4.00 to

4.75 per yard 0.12 to 0.16 0.11 0.08 to 0.21 to 0.32 0.18 to 0.21 per dozen Handkerchiefs-Imitation Silk 0.50 to 0.90

per yard Spanish Stripes-Sundry chops, 0.624 to 1.30 German 1.15 to 1.50 Habit, Med.. and Broad Cloths. 1.45 to 6.25

WOOLLE. A

1897.

Aug. 4

$ $ $ 7032 770 7033

$

Aug. 5

Aug. 6

717 770

712 770 7121

Aug. 7

717

Aug. 8

Aug. 9

Ang. 10

7171 770 717 770

Aug. 11 717 770

770 717 770 717 717 717 7171

7171 717

$ $ 790/840 870,900 790 840 870 900 790 840 870/900 790 840,870 900 790 840 870 900 790-840 870,900 790/840 870 900 790/840,870/900

Long Ells-Scarlet

Assorted

Camlets-Assorted

COTTON.

COTTON, 11th. August.-Business has been done almost at last quotations, hut in some instance a slig it rise is to be noted. Stock, about 675 bales.

.$17.00 to 18.00 p. pl.

16.00 to 18.75

Bombay Kurrachee

Bengal, Rangoon, and

Dacca

39

|

18.50 to 21.75

33

31

Shanghai and Japanese.. 21.50 to 23.00 Tungchow and Yinguo.: 22.50 to 23.00 Madrus(Best). ..... 18.60 to 19.00 Sales: 56 bales Bengal, Rangoon, and Dacca.

RICE

HONGKONG, 11th August.-There is no change market. to report in the porition of this

.....$2.84 to 2.87

ور

Lastings-30 yds., 31 inches,

Orleans-Plain

Assorted i

Blankets-8 to 12lbs. METALS

Iron-Nail Rod

Square. Flat Round Bar Swedish Bar

Small Round Rod

+

pur piece

7.15 to 9.00 7.25 to 3.10 14.00 to 85.00

12.00 to 35.00

4.50 3.60 to

per pair 6.00 to 12.00

per picul

4.00 to 4.10 4.35 to

6.00 to

4.30 to

880 to

Leal, L. B. and Hole Chop

Australian

8.35 to Yellow M'tal-Muntz 14/20 oz. 31,00 to Vivian's, 14/2oz. 30.00 to Elliot's, 14/20 oz. 29.50 to 46.50 to

Composition Nails

.........

Tin-Plates

2.78 to 2.75

2.92 to 2 90

Steel. SUNDRI'S

Quicksilver

Window Glass ....................

Kerosene Oil

No. 1

... 2.95 to 2.98 3.95 to 3.98

Quotations are :--

Saigon, Ordinary............

Round, good quality Loug

Garden,

12

Siam, Field, mill cleaned, No, 2 ... 2.75 to 2.78

"

"

White....

Fine Cargo

COALS.

per box.

6.40 to

per cwt. case 5.90 to

per picul 124.00 to

per-box

3.90 to per 10-gal. case

1.95

to

SHANGHAI, 5th August -(From Messrs. Noël, 4.04 to 4.07 Murray & Co's. Piece Goods Trade Report).-

The Import trade is quite disorganised now, and business is virtually at a standstill. A few transactions have been found practicable where

BIHONGKONG, 11th August.-Market strong and exchange was in band, but this is quite the

fr business dóne. Quotations are:- Cardif

.$16.50 to 18.00 ex ship. Australian 7.75 to 10.00 ex ship. steady Miike Lump... 8.00 to 9.25 ex ship, nominal Miike Small... 7.25 to 8.00 none offering Moji Lump 7.75 to 8.50 ex ship, sales

(August 12, 1897,

of Mercantile paper, while each decline brings a rush for remittance. The dealers are said to have resold all their holdings now, and in many cases have enormous losses to fac», but so far Prices are going up they seem to be solvent. gradually, but the advance is quite inadequate to the fall in sterling, as can be seen by the Auction results. Private sellers for the most part hare closed their books and refuse to enter. tain any offers for what they have in hand, and forward business is so much out of the question that home correspondents have been in tructed not to waste money in submitting goods at anything like prices now current. It is rumoured that the market in Tientsin is slightly weaker, and that the merchants have been reselling to Newchwang, where much better prices are obtainable. The quotation for Pepperell Drills there is said to be Tls. 8.62, and Massachusettes Sheatings Tla. 3.42. A large quantity of Yarn bas also been obanging hands at remunerative prices amongst the natives, but the drop in the exchange on India is causing Importers to ask prohibitive rates at present. From all accounts the stock here promises to be very considerably augmented within the next week or ten days by shipments from Bonhay, some 30/40,0 10 bales having baeu settled for the China marketa, according to latest advices from Hongkong.

METALS.-(Froin Messrs. Alez. Bielfeld & Co.'s Report) 6th August :-The habit that has arisen months of not taking during the past few delivery of goods from home at the proper date, is one that is now causing the greatest inconvenience, and is one that if not checked, will lead to danger in the near future. Just at the present crisis in the exchange markets, it is clogging the market, and for the first time it has been very seriously felt. In the interest of trade in general there should be a combined effort, to discountenance the practice. There seems to be circles that the present a feeling in many terrible exchange diffenlties stand a good chance of becoming chronic, ne the regular additional drain of £2,000,000 (approximately) per annum, for interest on loans. must continue for years and will be increased in a very short time by the additional loans talked of, and these are now believed to be the cause in the main of the rapid fall of the past month. Already the market shows signs of adjusting itself to the conditions, which would not be the case if it were only temporary. Though slightly better, The bome markets are Btill firm, and there seems to be no prospect that it will change to our good in the near future During the past week there has been bat little doing in either Metals or Sundries, and the most of that has been in auction sales. The prices realised there show the condition of the market fairly well. The following contracts have been signed for Metals:-1.000 cases Double Horse Bamboo Steel £12/6, c.i.f.; 60 tone Gartsherrie, No. 1 at Tls. 32.50, spot."

1

JOINT STOCK SHARES. HONGKONG, 11th August.-Business has improved slightly during the week under review, rates remaining fairly steady.

BANES.-Hongkong and Shanghais, have changed hands at 188 and 189 per cent. prem. for cash, and 189 and 190 per cent. prem. for delivery 31st instant, market closing steady. at 189. The latest London rate is £43. Nationals and Bank of Chinas continue neglected without business.

MARINE INSURANCES.—China Traders have found buyers at $78 and $771. Unions are enquired for at $232), but none seem forth- Cantons are still on coming at that rate. the market at $180 without finding buyers, Yangtszes and Straits are obtainable at quotations and North Chinas have advanced to Tls, 200.

FIRE INSURANCES.-Hongkongs after a few small sales at 83574 and $360 close steady at the latter rate. Chinas have found further buyers at quotation and close steady.

SHIPPING. Hongkong, Canton and MacaoS have been enquired for at $331 without bringing out many shares. Indo-Chinas have been negotiated from the North in fair quantities at $50 and $494, closing at $50. Douglases have been done at $66 and $67, closing with sellers at $67. China Mutuals continue in a small demand without finding sellers.

REFINERIES. China Sugars have been dealt in at $145 and $146 cash and at $149 for October, $150 November, and 8151 December, market closing at $145. Luzons continue quiet at $47).

exception, very few being bold enough to anticipate the ruinous drop that has taken place. The cause of this decline appears to be wrapped in mystery and is quite inexplicable to all out here.

MINING.-Panjoms in the early part of the The Bankers here are keeping rates much below the parity of Silver, there being such a scarcityweek, with the news of another small orush-

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