206
further improvement, c'oping at #787) for New Patna and at $717} for New Benares.
**
Malwa. The market has ruled steady, the following being current quotations :— New (this yr's) 876) without all'nce of to 1 Old (2/3 yrs.) 880 with all'nce. f 1 to 21
(5/7 ) $870 (9/9 ) $970 Persian.-Business has been slack owing to a lull in the demand. Latest figures are $550 to $630 for Oily, and $50 to $760 for Paper- wrapped, according to quality.
13
"J
To-day's stocks are estimated as under:-
New Patna.
Old Putna. i........................
New Benares
Old Benares.....
Persian.
Malwa
THE HONGKONG WEEKLY PRESS AND
COTTON PIECE GOODS.
Grey Shirtings-6lbs.
cty.
7lbs. 8.4 lbs.
J1
9 to 10 lbs
of 0 to
4
19
of 0 to
3
58 to 60
**
64 to 66
Fine
per piece 1.72 to 1.82 1.97 to 2 (5 2.40 to 3 15 3.30 to 4 10 2.60 White Shirtings-54 to 56 rd. 2.3) to
2.70 to 3.35 3.45 to 4.30 7.00 5.60
4.30 to
Bonk-folds. 3.70 to
Victoria Lawns 12 yards 0.64 to T-Cloths-6lbs. (32 in.). Ord'y. 1.52 to
667 chosts
161
230
GL
256
307
7lbs. (32 ). 6lbs. (32 ), Mexs. 1.62 to 7lbs. (32,.).
2.05 to 8 to 8.4 oz, (36 in.) 2.35 to Drills, English--40 yds,13 to
3.05 to 14lbs
1.8 to
"
་་
T
1.30 1.72 2.10 1.82 2.75 3.20
6.03
FANCY COTTONS
Turkey Red Shirtings-11 to 1.60 to
8lbs.
Brocades-Dyed
Damasks
Chintzes-Assorted
$
$
$
$
$
Velvets-Black. 22 in.
Aug. 27
745
7211
760
Aug. 8
745
7271
760
Aug. 29
752
735
780
Aug. 30
757+
740
760
Aug. 31
7824
742
760
Sept. 1 .770
747
760
Sept. 2 7674
747
760
COTTOV.
COURSE OF THE HONGKONG OPIUM MARKET.
DATE.
1898.
PATNA.
BENARES.
MALWA.
New. Old. New. Old. New. Old.
830,8701970
HONGKONG, 2nd September.—Only Choice par- cels hanged hands at a redu tion, and the mr- ket closes dull and weak. Stock, about 4,800 bales.
Bombay Kurrachee
Bengal (New), Rangoon,
and Dacca Shanghai an 1 Japanese,.. Tang-how and Ningpo... Madras (B st)..
Sales: 530 bales Bengal (New), Ringoon and Dacca.
RICE.
5.00
3.00 to 6.00
per yard 0.12 to 0.18 3.08 to 0.14 0.20 to 0.45 0.17 to 0.18
per dozen Handkerchiefs-Imitation Silk 0.45 to 0.90
Velveteens-18 in.
WOOLLENS
1.15 to
ner yard
1.40 Spanish Stripes-Sandry chops. 0.571 to
German
1.50 Habit, Med., and Broad Cloths. 1.25 to 5.25
per piece 6.50 to 10.00 6.60 to 10.00 12.50 to 32.00
Long Ells-Scarlet
Assorted
Camlets-Assorted
Lastings-30 yds., 31 inches, 16.00 to 21.00
Assorted;
7.00 to 8.50
per pair 3.50 to 14.00
per picul
$1600 to 17.00 p. pl.
to
1700 to 18 75 2001 to 21.00 2001 to 21.00
}
Orleans-Plain
"
Blankets-3 to 12lb«
1
METALS
11
Ir-Nail Rod
3.75 to
to
11
Sqnare. Flat Round Bar
3.75 to
Swe lish Bar
Small Round Rod
4.15 to
Hoop to 11/2 in....................
4.90 to
Wire 1/25
8.25 to
Old Wire Rope
Lead, L. B. and Ho e Chop
HONGKONG, 2n1 September, The market con- tinu 8 weak and a further fallia pries has to be reported. quotations ar ';—
Saigon, Ordinary..
Round, goo I quality.. Long
5.25 to
1.50 to 2.50 840 to
8.30 to
Australian
Yellow 'tal-Muntz.1 4/20 oz. 32.00 to
$2.80 to 2.8%
3.05 to 3.1
*
3 32 to 3.34
"
1
Siam, Field, will cleaned, No.:...
2.47 to 2.9 i
Composition Nails
*
}
No. 1
2.55 to 2.58
4.28 to 4.32 4.75 to 4.78
Japan Copper, Slabs......
Tiles
Tin
Vivian's, 14/20 oz.31.50 Elliot's, 144/20 oz. 31. 0 to 46.00 to 32.00 to 3.75 to to
to
Tin-Plates
Garden,
White....
Fine Carg
1
COALS.
HONGKONG, 2nd September-Only a small
retail business passing.
tions are:-
Cardiff Australian Miki LumFF
and Small.
Moji Lump
Rates nominal.
Quota.
$20.00 to 22,00 ex ship, nominal
10.00 to 11,00 ex ship,
9.50 to 11.25 nominal
8.00 to 10 50 ex ship, quiet Hongay Lump 12.50 to nouiual. Hongay Dust..
5.00 to
Briquettes 10.00 to
MISCELLANEOUS IMPORTS. HONGKONG, 2nd September-Among the sales reported during the week are the following :-
YARN AND PIECE Gonds-Rombay Yarn.-- 50 bales No. 6 at $71.50, 1,400 bales No. 10 at $70.50 to $88, 300 bales No. 12 at $77 50 to $8.50, 45 bales No. 6 at $875 to $90.50, 80 bales No. 20 at $84.50 to 91. Japanese Yarn.
100 bales No. 20 at $88 50 to $89 $ T-Cloths.-- 800 pieces 8 lbs. Mex. V. V. at $2.924, 360 pieces lbs Mex. X. X. at $2.971. 300 pieces 8 lbs. Mex X. M. at $2 35, 500 pieces 32 in Mex. Gold Horse at $2.83. 60 pieces 8 lbs. Mex. V. V. at ..93, 610 pieces 8 lbs Mex. X. X. at 2971. Felveteens-120 pieces 18 inche at 30.171.
METALS.-Tin.—190 slabs Siam at $45, 10 elabs Foong Chai at $4, 10 slabs Foong Chai at $45. Lead.-50 piculs Australia at $8.1 arrive. Quick Silver.-160 flasks at $139 5. Yellow Metals.-30 cases New Brand 10/14 oz. -at $82 arrive.
COTTON YARN.
Bombay-Nos. 10 to 20s.... English-Nos. 16 to 24..
22 to 24..
15
28 to 39...
"
n
38 to 4........................
per bale 63.40 to 95.00 104.00 to 110.00 103.00 to 111.00 18.00 to 123.00 127.00 to 132.00
per box.
-
5.85 to per cwt. case
5.00 to
per picul
139.00
to
per box 4.55 to per 10-gal. caes
1.80 to
|
[September 3, 1898.
condition for everything but Yarns. Newchwang seems to be gradually dropping out of the trade with this and is still suffering from the adverse position of Exchange. A quiet but steady busi- ness is being transacted with the River Ports. In view of the rapidly accumulating stock bere the Local Mills have for the past few weeks given up night work, and are now not producing more than enough to supply the daily consumptive require- ment. This is without doubt a very wise step and will give them a chance of moving their heavy stocks, which cannot be less than 40,000 bales, hefore the inevitable slump in Cutton takes place. The present price of the staple is Tls. 11.00 for best machino giuned, but good seel Cotton can be bought cheaper than that. The market for all Spinnings is in a demoralised state and it will be some time before profitable salvɛ can be made.
METALS, 29th August.-(From Messrs. Alex Belfeld & Co.'s Report).-During the week this branch of business has been almost aù- entire blank, absolutely no sales being reported. Although home poices have weakened slightly owing to the continued lack of demand, there has been no response at this end, no reasonable offers being furthcoming. This is caused in a great degree, we think, by the large stocks in hand and on the way. Of Nailrods, Bar and Flat Iron there are between ten and eleven thousand tons at present in Shanghai, of which adout 8,000 tons are Nailrods. Of Old Iron between 16,000 and 17,000 tons are held here, the heaviest stocks being in Horse-shoca and Steel Plate Cuttings. With these large holdings and further large quantities under way, and the very smallest modicum of demand for outport and local con- sumption, the present stress is easily under- standable.
JOINT STOCK SHARES, HONGKONG, 2nd¡September.-The market has been a little more active and a fair business has been put through during the week. Rates have ruled steady to strong in most stocks, although a few show further declines. A better demand from the outports and the North is the chief cause of the slight improvement.
BANKS. Hongkong and Shanghais hare again changed hands in fair lots at 203 and 204 per cent. prem. for cash, at 212 per cent. prem. for November, and at 216 per cent, prem. for December, markot closing steady at 204. Nationals have been negotiated at quotation.
MARINE INSURANCES-China Traders are enquired for at $63, but are obtainable at $631. Unions continue on offer at $215 with sales. Cantons have found buyers at $130. Straits and the Northern Insurances continue out of the market.
FIRE INSURANCES-Both Hongkongs and Chinas continue dull and inactive, without business.
SHIPPING. Hongkong, Canton and Macaos have further declined to $244 with sales and sellers. Douglases have been enquired for in a small way at $57), but holders will not part under $58 Indo-Chinas continue quiet at quotation and more or less out of the market, China Manilas have been mentioned at $78, but no actual business has been reported. China Mutuals nuchanged and without sales.
REFINERIES-China Sugars continue quiet and neglected with a small business for cash at $155 and for December at $163 ex dividend. Luzons have found small buyers at quotation.
Steel to i SUNDRI 8
Quicksilver
Window Glass
Kerosene Oil SHANGHAI, 27th August-(From Me-srs, Noël, Murray & Co.'s Piece Goods Trade Report).— A further advance in Exchange early in the interval has served to keep the market in the quiet state depicted in our last, the current business bring quite naimportant. But for this sudden risc, which appears to be due principally
MINING. Punjoms have ruled very quiet, to local cause, there is every reason to believe
with only small sales at $54. Balmorals have im. that a good demand would have en-ued, there bing an abundance of orders in hand waiting for proved to 60 couts for preferences and 30 cents for ordinaries after sales at 224 and 35 (ordinaries) and a more favourable ouportunity to buy. Swall orders for immediate requirements are being at 50 and 35 preferences). Olivers have changed hands at $6 and $34. Raubs continue very quiet hawked round by the iggest dealers without a blush or tail sales_being_the_order of the day, with little or no business at quotation. Jelebus
Sune attention is So much for spot cargo.
have again been dealt in at $4.60 and $4.75. commencing to be paid to goods for the Spring trade, several offers for miscellaneous makes having bes animitte i o Manchester during the week at low prices, but we do not think many have gone through. A few thou and bales of for December shipment, consisting chiefly of the cheaper muskes, at prices which defy competition from Manellester. Clearances have, for the
LANDS, HOTELS, AND BUILDINGS.-Hong- most part, been remarkably good this week, in spite of the high rate of native interest ruling kong Lands continue quiet and neglected with during the greater part, the exception being small sales at $67. Hotels continue quiet and without business, sellers at $52 ruling the the absence of any Korean cargo. owing to
market. West Points have changed hands in *teamer on the berth for the last two weeks.
fair lots at $18 and close steady at that rate. From Tientsin it is reported that goods are moving off freely and the market in a satisfactory | Humphreys unchanged and without business.
American Sheetings have, however, been booked
Docks, WHARves, and GodoWNS.-Hong- koug and Whampoa Docks have been in fair demand and have changed hands at 243, 244, and 245 per cent. prem. ex dividend, closing steady at latter rate. Kowloon Wharves have im proved, with sales, to $60, at which rate shares are still enquired for. Wanchais unchanged and without business.
No comments yet.
Private notes are available after approval.