COTTON PIRCe Goods.
Grey Shirtings-Glbs.
7168.
8.+ lbs.
9 to lu 16:
per piece
1.7% to
1.85
2.00 to 2.07
2.50 to 3.40 to
White Shirtings-54 to 56 rð.
53 to 60
64 to 60
Fino
2.4) to 2.75 to 8.55 $0 4.35 to Book-folds. 3.80 to
Victoria Lawus-12 yards 0.65
to
T-Cloths-6lbs. (32 in.). Ordy,
155 to
7lbs. (32,, ),
1.9J
to
filbs. (82
), Mexs.
1.70
to
7lbs. (32
).
2.10 to
3-20 4 15 2.60 3.45 4.10 7.15 6.70 1,30 1.75 2.15 1.85 2.80
JJ
-8 to 8.4 oz., (36 in.)
14lbs
2.40 to 3.25 3.75 to 5.15
Drills, Euglish--10 yds.,134 to
FANCY COTTONS
Turkey Red Shirtings-11 to 1.471 to
7lbs.
1
3.50
8.90 to 5.00
per yard
Brocades-Dyed
Damasks.
0.12 to
Chiatzes-Assorted
3.08 to
Velvets-Black. 2 in....
Velveteens-18 in.
0.16 0.14 0.20 to 0.30 0.16 to 0.18
per dozen
Handkerchiefs-Imitation Silk 0.45 to
WOOLLENS
per yard
Spanish Stripes-Sundry chops. 0.55 to German....... 1.15 to Habit, Med., and Broad Cloths. 1.15 to
Long Ells-Scarlet
Assorted
Camlets-Assorted
0.00
1.35 1.50 5.25 per piece 6.50 to 9.00 6.60 to 3.10 12.00 to 32.00
11.00 to 20,00
7.00 to 8.50
per pair Blankets-8 to 12lbs.......... 6.50 to 12,00
Lastings-30 yds., 31 inches, Į Assorted j Orleans-Plain
METALS
Iron-Nail Rod
per picul 4.20 to
Square, Flat Round Bar
4.20 to
Swedish Bar
Small Round Rod
Hoop...
5.90 to 4.75 to 5.30 to
Wire 15/25
9.00 to
1.50 to 3,00
855 to
8.53 to
Old Wire Rope
Lead, L. B. and Hole Chop
Yellow M❜tal-Muntz.14/20 oz. 31.50 to
Australian...
Steel + to t
SUNDRIES
Quicksilver
***
29,00 to
to
per box.
605 to
per cwt. case
5.50 to
per picul
126.00 to
THE HONGKONG WEEKLY PRESS AND
23rd instant is now put down as the earliest that steamers can be safely despatched for that port, though in some quarters a much later date is thought probable. Caterers for that market are laying in supplies quietly, a fair quan- Stegwer Godowns tity being already in awaiting shipment, roughly estimated at 18,000 packages. Direct steamers for Vladivos- tock are expected to com uence running next week, some 3,00) packages being ready for the first boat. The Chefoo market has been very qniel, but at the close is showing more activity. Hankow is suffering from a superabundance of rain and has not been forwarding orders very freely. Newa was received a few days ago of the pioneer ateamer at Chungking, thus demonstrat- ing that the waters of the upper Yangtze are navigable by light draught steamers, and great credit is due to Mr. A. J. Little for his per- severance in at last overcoming all the obstacles that have been put in his way for so many years. The market is undoubtedly strong for goods on the spot and afloat and prices are gradually tend- ing uywards, but the lower Exchange and high prices ruling in Manchester make forward tran- eactions extremely difficult. The market for Yarns is firm, and a good business has been done in favourite spinuings for Tientsin in both Indian and Japanese, though it is reported that some fairly large shipments of the latter have been
made direct.
METALS, 14th March.-(From Messrs. Aler. Bielfield & Co.'s Roport):-There has been a fair number of transactions, as recorded below, both Chefoo and Tientsin report a brisk demand for Cart-tyres and Horse-shoes, which accounts for the heavy transactions recorded. A feature of the week has been the landing of the first shipment of American Pig Iron. from Alabama, 300 tons being put on the market, of which 160 tons have already been disposed of. This Iron can be laid down here from 58. to 68. cheaper
than "Red Car," but so far the latter old favourite still has the preference among native buyers despite the difference. The following transactions have been completed:-200 tons Angle Iron at Tls. 1.60 to Tls. 1.70, 100 tons Ship Plates at Tis. 1.60 to Tls. 1.70, 50 tons Fire Bare at Tl. 1.45, 20 tons Boiler Tubes at Tls. 2.25, 200 tons Cart-tyres, London and Glasgow at 1058. to 106a.. c.i.f.. 150 tons Alabama Pig Iron at 63s., 500 kegs Wire Naila at 9, 2d., c.i.f., 20 tons Ship Plate at £7, c.i.f., 1,200 bundles Mild Steel Bars at 139s., c.i.f., 50 tons Hamburg Horse-shoes at Tls. 2.27. 100 tons London Horse-shoes at 878. 6d., c.i.f., 100 tons Sohier Nailrods at 123s. q.i.f.
EXCHANGE.
FRIDAY, 18th March.
1.87)
Vivian's, 14/20 oz. 31.00 to
Elliot's, 14/20 oz. 31.00 to
Composition Nails
tó
ON LONDON.—
Japan Copper, Slabs....
30.00 td
Tiles
Telegraphic Transfer
Tin
Bank Bills, on demand
.1/10
1/10/
Bank Bills, at 30 days' sight
1/108
Tin-Plates
Bank Bills, at 4 months' sight ...1/10 Credits, at 4 months' sight
.1/10
Documentary Bills, 4 months' sight 1/10)
On PARIS.-
Bank Bills, on demand
.2.32
Credits, at 4 months' sight
.2.36
ON GERMANY.—
On demand
ON NEW YORK.-
Bank Bills, on demand
444
Credits, 60 days' sight
.454
Telegraphic Transfer.... Bank, on demand..
ON
CALCUTTA.—--
Telegraphic Transfer.
.138
Bank, on demand..
.1381
SHANGHAI,—
Bank, at sight
.74
Private, 30 days' sight.
743
.10% pm.
Window Glass
Kerosene Oil
per bor 4.20 to per 10-gal. case
1.87 to
SHANGHAI, 12th March.-(From Messrs. Noël Murray & Co.'s Piece Goods Trade Report).— The steamers have been arriving here during the week on their return trips from Tientsin, and the written advices brought by them fully confirm the favourable reports received by telegrams respecting the market. The latest state that fully 50 per cent. of the goods shipped have already found buyers at satisfactory prices. but there is no doubt that they were hurried forward too early, for it is impossible to distribute the cargo until the creeks inland become navigable. However, these obstacles do not seem to have deterred buyers from operating freely and greatly to the advantage of sellers, The consequence has been quite a run on the cheaper makes of American Sheetings, holders of which have succeeded in advancing their prices gradually. In English makes 8.4 lbs. Shirtings have met with most attention, but the available supply of these is steadily shrinking, in fact stocks all round a are being rapidly reduced. There is some uncertainty as to when Newchwang will open, recent advices from thence reporting the severest cold they have had this winter. The
ON BOMBAY——
ON
ON YOKOHAMA.—--
On demand
ON MANILA.-
On demand.. ON SINGAPORE.-
On demand.
SOVEREIGNS Bank's Buying Rate GOLD LEAF, 100 fine, per tael
.138 .1384
.9% pm.
.1%, pm.
.10.72 ..55.75
|
[March 19, 1898.
and Steamboats. Several stocks show a good advance in rates and the market generally closes steady to strong, except in Insurances, which continue out of favour and almost without business.
BANKS.-Hongkong and Shanghais have ruled somewhat quiet and erratic, and only a very few small lots have changed hands at 190 per cent. and 189 per cent. prem. and at equivalent rates on time; buyers forward rule the market at time of closing, but holders do not care to part except for cash very limited extent. and then even to Nationals have improved with a small sale to $18.
JOINT STOCK SHARES. HONGKONG, 18th March.-The market con- tinnes active and a fair business has been put through, chiefly in Indo-Chinas, Sugars,
B
MARINE INSURANCES.-With the exception of a small demand for Straits at $124 the market has been quite dead and there are no sales to report.
FIRE INSURANCES.-The market contianes very quiet and without business at quota- tions.
SHIPPING. Hongkong, Canton and Macaos continue quiet and weaker, sales having been effected at $271. $271, and $27 for cash and the settlements, further shares being obtain- able at the last rate. Indo-Chinas have ruled very firm and in good demand, with sales at the improved rates of $57 to $60 cash and at $57 to $61 for settlements. A fair number have also changed hands at $62 for April, $63 for May, and $64 for June, Market closes with sellers at $61. China Manilas have been quiet with shares obtainable at quotation. Douglases have found bayers at $59, $59), and $60, closing with sellers at $591. China Mutuals unchanged and with a small business at quotations.
REFINERIES.-China Sugars have more than recovered their position and have been dealt in to a considerable extent at $173, $174, $175, $176, $177, and $178 for cash and settlements and at much better than equivalent rates for April, May, and June; at time of closing forward shares are still in request, but a few cash shares are obtainable at $178. Luzons continue quiet and neglected consequent upon the renewed trouble in the Philippines. The directors recommend a dividend of $3 per share payable on the 24th instant.
ruled rather MINING. Punjoms have stronger and after small sales at $64 have found buyers at $6.60, $6.70, and $6.75, closing steady. Charbonnages have not yet recovered last week's weakness and are obtainable at $145 and at $147 for April in small lots; there appears to be no specific reason for this weakness. New Balmorals and Olivers con- tinue out of favour with little or no business to report. Jelebus unchanged. Raubs have continued steady at $25 and $25 with sales at first the latter and then the former rate, market closing with buyers at $251 and probable sellers at $25). Great Easterns remain dull and with a small business at $2.80 for ordinaries.
DOCKS, WHARVES, AND GODOWNS.-Hong- kong and Whampoa Dooks continuing in demand the rate quickly rose to 250 per cent. premium after small sales at 242, 245, 247, and 248 cash and at 247 and 251 per cent. prem, for April; more shares are wanted for- ward for June, but holders will not sell so far ahead; shares could also be placed for April and May at the equivalent of the closing cash rate, i.e. 250. Kowloon Wharves and Wanchais have continued very quiet and without busi- ness at quotations.
LANDS, HOTELS, AND BUILDINGS.-Hong- kong Lands continue quiet with sellers and only small sales at $74. Hotels have improved to $54 with sales and close steady to strong at that rate. Humphreys Estates are on offer at $8.25 without finding buyers and West Points remain quiet and without business,
MISCELLANEOUS. Green Islands have changed hands in fair lots at $31 and 815 and at $314 and $15, closing with buyers of the old at $311 and sellers of the new at $15. The directors recommend a dividend of 25 per cent. and to carry forward and place. to reserve the sums of $240.91 and $1,000 respectively. Watsons have found buyers at $12, but close with sellers at that rate. Ices have changed hands at $107 and Ropes and Fenwicks at quotations,
11taom/{ ""
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