304
-
SHANGHAI, 11th November.-(From Mosers, Goo 13 Trade Noël, Murray & Co's. Pince Report)-Wint with the continned denrness of inoney and the vacillating course of Exchange, the advent of the lang promised demand has been further postpone 1, until now it looks extremely doubtful if any buying of importanes will take place for the Northern markets at all. The last steamers for Nowchwing will be leaving within a week's time, junly the demand for that quartor may be ensi lered at an end, especially as the stringe-cỹ in the money market there bas led to the shipub of the sycee itself instead of the goods it should have ben invested in. fair quantity of Yaru has been taken, as that promises to show 30.12 return. Th Tientsin merchauts have found reviy sellers amongst the dealers hero, and a furge quantity, chiefly of American Drills an Shetings, hive changed hands this week amongst the natives at give away prices, the Northern men thus scoring once again this seison at the expense of the local next to operators. It has thus ben almost impossible to move anything from first bands, with the exception of two or three small parcels of American Sheetings, none of the particular cloths happening to be held by the natives. For Chefoo there is a better enquiry and both American goods and Indian Yarn have been resol for that market. Orders have also been received from Hankow, which is said to be partienlicly bare of stocks, and these being chiefly for English makes-are more difficult to fil as there is a comparatively small quantity in the dealers' hands, and Importers decline to part at prices offered. The natives say the goods must be bonght in the future as they are wanted for immigdiate consumption, and Importers wil be able to get their prices if they hold ont a little longer, and that is the only ray of hope there is in the market at present. Forward business is just as far, if not Esther off than ever. Importers have so little confilence now in the majority of the men who talk about in-lents that they do not encourage them, and those they can trust do not come forward. F.om the enquiries that are made we gather that bu iness might be done for the Spring if the natives were to advance about 5 per cent. on the prices they offer and accept the forward rate of Exchange now procurable, but that does not suit them and so next to nothing has been done. The improvement in the current demand is clearly shown in the better prices ruling at Auction ye-terday and to-day. Clears ancea during the interval have been slightly more satisfactory, but they are still somewhat bampered by the tightne s of the money market.
Alex
METALS, 12th Octiber.--(From Messrs. Bielfeld & Co's. Report. There have been a few enquiries but the only transactions amoanting to anything, that we have heard of were made on private terms, and are enomerate below. We are also ab' to augment this with two sales at prices which offer no great inducement to importers:--180 cases Yellow Metal Sheating 110 cases Copper Sheathing, 1,000 cases 'l'in Plates, 100 tons Bar Iron, £6 14. c.i.f., 50 tons
Round Cobbles £117 6s. c.i.f.
EXCHANGE. WEDNESDAY, 17th November.
.1/114
1/11/ .1/113
.1.971
ON LONDON.
Telegraphic Transfer
Bank Bills, on demand
Bank Bills, at 30 days' sight
Bank Bills, at 4 months' sight...1/11
Credits, at 4 months' sight
1/11
Documentary Bills, 4months sight1/113
ON PARIS.-
Bank Bills, on demand
2.43
Credits, at 4 months' sight
2.48
ON GERMANY.-
On demand
ON NEW YORK.-
Bank Bills, on demand
Credits, 60 days' sight
.471 .48!
ON BOMBAY.—
Telegraphic Transfer.
150
Bauk, on demand...
ON CALCUTTA
Telegraphic Transfer.
.150
Bank, on demand..
1501
ON SHANGHAI.—
Bank, at sight
734
Private, 30 days' sight...
744
1504
THE HONGKONG WEEKLY PRESS AND
|
ON YOKOHAMA.-
On demand. ON MANILA-
On demand...
ON SINGAPORE.—
On demand.. SOVEREIGNS Bank's Buying Rate
tael GOLD LEAF, 100 fine, per
[November 18, 1897.
Closing quotations are as follow:-
PAID UP. QUOTATION.
.4 % pm.
Banks-
.5% pm.
par.
..10.15 53.50
JOINT STOCK SHARES. HONGKONG, 17th November. -The Cricket Week holidays have interfered with business to a considerable extent and the continuation of a tight money market has assisted to make the period under review more than usually dull and uninteresting.
have cent.
BANKS.-Hongkong and Shanghais been done in very small odd lots at 18) per premium for cash and close with sellers at a point lower. Nationals after further sales at $23 close rather easier with sollers.
MARINE INSURANCES. Continue almost entirely out of the market and with the excep- tion of a small sale of China Traders at $71 there is nothing to report.
FIRE INSURANCES.-Remain unchanged and neglected with small sales of Chinas at $107 and sellers of Hongkongs at $74.
SHIPPING. Hongkong. Canton and Macaos have again changed hands at $30 and $294 for cash and to a considerable extent on time at $31 for January, 8311 for February, and $314 and $313 for March, closing at $294 cash. Indo-Chinas have been negotiated at $51, but are still on offer from the North at that rate. Douglases continue quiet at $573 with small sales, but further shares could be placed at that rate. China Manilas and China Mutuals un- changed and without business.
REFINERIES-China Sugars have continued in demand and a fair business has been put through at $159 to $181 for cash, and at $162 for December, $165 for February, and $167 for March, market closing rather quieter at $161 cash. Luzons have again changed hands in small lots at $43 and $44, and close at 844.
MINING.-Punjoms have been done during the week at $3.75, $3.50, $3.75, and $3.90, closing at $4.10. Holders of scrip not in thei own names should note that at a meeting held on the 13th instant it was arranged that such shares might be sent in for transfer to their own names in the new Company on or before the 31st December together with the $1 per share call. In the event of the call being uupaid the shares will be disposed of by the liquidator of the old Company and the proceeds paid to the persons in whose names the shares stand on the 31st December. Charbonnages could be placed in small lots at $105 to $110, New but no business has been transacted. Balmorals have changed hands at $1.40 and $1.50 for Ordinaries und Preference and close in demand at those rates. Jelebus have found buyers at $2.20. Raubs have ruled steady with sules at 8231, 823. $227. 823, and $234, closing steady at $23. The September-October crushing amounted to 1.750 oz. from 2,450 tons ore, about 200 oz. better than the previous one. Olivers A have been done at quotations and B's at $84 and 88 cash and end of the month. Great Easterns have found buyers at $2.90, 83, and $3,10, closing quieter at $3.
DOCKS, WHARVES, AND GODOWNS.-Busi- ness under this heading has been confined to small sales of Hongkong and Whampoa Docks at 226 per cent premi. cash and 233 per cent for January.
prem. LANDS, HOTELS, AND BUILDINGS.-Lands continue quiet and neglected at $75 with small sales. Hotels have found further buyers at $48 and $49, West Points at $21, and Humphreys Estates at $9.75 and 89.50.
COMPANY.
Hongkong & S'hai... China & Japan, prf. Do. ordinary... Do, deferred... Natl. Bank of China
B. Shares Founders Shares.. Bell's Asbestos E. A.... Campbell, Moore & Co. China Sugar Cotton Mills-
Ewo.... Hongkong International
La u Kung Mow Soychee
Yahloong Dairy Farm Co. Fenwick & Co., Geo. Green Island Cement..
Do. New Issue H. & China Bakery Hongkong & C. Gas Hongkong Electric H. H. L. Tramways Hongkong Hotel Hongkong Ice
..1
[$348.75, 8. & sel.
$125 170 o prem=
£5 noruinal
£3 10s.Juomina)
£1 £5.5s., buyers
£8 $23
£1 $23, buyers £185
$10 88.75, sellers $100 $161, sales & cellers
Tls. 100 Tls. 111, sellers
2018, seller.
..: Tls. 100 Tls. 15
H. & K. Wharf & G...j Hongkong Rope.. H. & W. Dock Insurances-
Canton...... China Fire China Traders' Hongkong Fire North-China Straits Union Yangisze.
Land and Building-
II. Land Investment,
Humphreys Estate...! Kowloon Land & B. West Point Building Luzon Sugar
Mining
Charbonnages.
Great E. & C'donian
Do.
Do. Jelebu New Balmoral
Do. Preference Oliver's Mines, A.
Do.
Punjom
B.
Do. Preference.... Raubs
New Amoy Dick Steamship Coys.—
China and Manila China Mutual Ord....
Du. Preference... Douglas S. S. Co. H., Canton and M... Indo-China S. N. Tebrau Planting Co.
Do. United Asbestos
Do. Wanchai Waverse Co. Watson & Co., A. S.
Tls. 100 Tls 114 I'ls. 500 TIs. 575 Tls. 70 TIs. 72
$5 $4.75, buyers $25 $28 25. buyers $10 $301, sal. & buyers $2 $154,sal. & buyers $50 $33, buyers £10 $110, buyers $10 $10, sales & sellers $100 12
$50 349, sellers $25 $113
$50 $62, sellers $50 $170, buyers
$125 $226 p ct. prem.— {$407), sellers
1
$50 $157, sal. & sellers $20 $107, sellers $25 $71, sellers $50 $367), sellers £25 Tls. 148, buyers
$20 $183, sellers
$25 $230, sellers $60 $155, sellers
$50 $75, sales & sellers $10 9.50, sales $30 8.9, ellers $40 $21), sales $100 $44, sales
Fes. 500 $105, buyers
$56, -ules & buyers $263, sales & sellers $5 $2.10, sales
13s.
J. V.
$1 $1.40, sal. & buyers $1 $1.50, sal. & buyers $5 $20
$2/$8.25, sal. & sellers $44.10, buyers $1 $1.40
10. $23, sales & buyers $118, sellers
$50 $76, sellers
£5 £2 15s. buyers £10 £7 10s. buyers $50 $57, sales & sellers $15 $29, sellers
£10 $51, sellers
$5 $5, sellers
$2 $2, sellers
$2 $2, sellers
$10 $10, nominal $371 $443, sellers
$10 $121, sales & sellers Y. VERNON, Broker.
SHANGHAI, 12th November.-(From Messrs. J. P. Bisset & Co.'s Report.)-Notwithstanding the stringency of the money market, a fair business has bendong. There is not much change in prices Shanghai to note. Banks.-Hongkong and Banking Corporation. Shares were placed to Hongkong at 179 per cent premium, with ex- change 75, which is equal to 186 and exchange 73. Locally shares bave been sold at 186 and 187 for cash and 192 for the 31st December. There are cash sellers at 187 per cent premium, at the close. Other Bank shares are unchanged. Marine at Insurance North-Chinas changed bands Tls. 20, and China Traders' shares at $73. Chinas were sold at $110. Fire Insurance Shipping.-Indo-China S. N. shares were placed to Hongkong at $51, and locally at Tls. 37 to Tls. 37 cash and fle 381 for the 31st December. Sugar Companies.-China Sugar Refining shares changed hands at $150 and $162 cash, $165 for December, $170 to 1724 for March and Tls. 172)
MISCELLANEOUS.--Electrics have changed hands at $10. Green Islands at $30 old and $15 new and are wanted at these rates. Watsons and Fenwicks have been negotiated for April delivery. Luzon Sugar Refining shares at $124 and 828.25 and Tramways are enquired have i sprov d, and business, was done at 240 and for at $112. Cotton Mills have all ruled dull
$14. Alining. Sheridans were sold, and are and neglected, and without business at quota-wanted. at Tls. 2.50. Punjoms were done at $4. tions, except Ewos, which have found small buyers at $111.
Raubs were sold tó Hongkong at $22) cash, and purchased thence at $27 for delivery on the Sist
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