September 10, 1898.)
Per P. & O. steamer Chusan, sailed on the 3rd September. For London:-90 bales raw silk, 5 cases silk piece goods, 1 case Chinaiak, and 1 case sundries. For Gibraltar :—$5 cases cigars from Manila, and I case curios, For France: -805 bales raw silk, 14 cases silk piece goods, and 4 packages tea from Foochow. For Milan-15 bales raw silk.
OPIUM.
f
HoxoxONG, 9th September.-Bengal-There has been a slight falling off in the demand for this drug and prices are now a little weaker, closing quotations bring $766 for New Patna, $745 for New Benares, and £752) for Old Behares.
Malwa Business was fairly active during the early portion of the period under review, but since then there has been nothing doing, and the war- ket closes quiet at the following figures- New (this yra.) $760 with all'nce. of 1 to 1 cty. Old (2/1 y.) $810
of 1 to 21 (5/7)..) $870
of 0 to 4 (9/9) ) $970
of 1 to 4 Persiap. The market has ruled quiet through- out the past week, and closes at $560 to $630 for Oily and $350 to $770 for Paper-wrapped, accord- ing to quality.
#1
..
73
备案
To-day's stocks are estimated as under: New Patna.
Old Patna.
New Benares
Old Benares...
Malsa
Persian
11
JU
1,252 chosts
138
BE
272
5/2
380 190
#
#
COURSE OF THE HONGkong Opium MARKET.
$
$
PATNA.
DENARES.
MALWA.
DATE
New. Old. New,
Old. New. Old.
1899. $
$
$
$
Sept. 3
767
Sept. 4
767
745 755 760 745 755 780
Sept. 5
765
747
7521
700
Sept
765
747
75241 760
Sept 7
765
745
752
760
Sept. 8
765
745
7522
1760
Sept. 9
765
745
752
760
810/870/970
RICE. HONGKONG, 9th September. -The decline con- tiques and the market is very weak. Quotations
.....$2.70 to 2.73 3.00 to 3,05 3 30 to 3.35
art:
Saigon, Ordinary....
Round, good quality. Long
Garden,
11
Siam, Field, mill cleaned, No. 2 J. 2.80 to 2.85
White.
11
Fine Cargo
No.1
2.35 t 3.40
4.2 to 4.25 4.00 10 4.57
CHINA OVERLAND TRADE REPORT.
silver, instead of the uncertain system that has prevailed for some time past, but the first con- sideration will be of most importance to the trade and prevent a recurrence of the semi-panic that disturbed our market so in the Autumn months of last year. The one redeeming feature in our market this week has been an unexpected revival in the demand for Newchwang. The trade with that Port, which has been languishing for so long, has suddenly revived, the first evidence being quite a good enquiry for Yarns, and that this is extending to Piece goods is shown by the settlement to-day of a fair parcel of American Drills for larance next week. It is hoped this way be the precursor of a general revival: there is no doubt Tientsin wants to buy, but scarcity of money appears to be troubling her at present. The other inarkets are dull. trade being some. what interrupted by periodical holidays that take place in the middle of this moon. The atathy of buyers was shown at the Auctions this week, where a further decline has to be recorded in nearly all the Grey goods and most of the White, in some cases to quite an unaccountable extent. Wuolens of course following suit. The Yarn market appears to have touched bottom, and helped by the revived demand from Newchwang more business has been done, es- pecially in Japanese Spinnings, but mostly with native Importers. The market there is said to be two yen lower since last week. Local Cotton is easier, though still nominally quoted at Tls. 14.00 for best machine ginned. A little light rain might be beneficial to the growing crops, but the Summer is now over and everything points to a fine, suitable Autuma. Local.- The sales this week amount to about 1,400
70
MISCELLANEOUS IMPORTS. HONGKONG, 9th September.Among the sales reported during the week are the following :~
YARN AND PIECE GOODS :-Bombay Yarn.— 50 baluz No. 6 at $71, 1,410 baler No. 10 at to $80, 500 bales No. 12 at $77 to $82.50, 200 bales Yo. 16 at $84,50 to 390, 650 bales No. 20 at $88 to $96. White Shirtings.--250 pieces, 7, at $4.30. Colton.-117 bales at $18.50. T-Cloths.- 300 pieces 8 lbs. Mex. X.M. at $2.35, 300 pieces 8 lbs. Mes. V. V. at $2.921, 30 | pièces 8 lbs. Mex. V. V. at $2.921.
METALS.-Tin.-100 slabs Foong Chai at $14.50, 100 slabs Foong Chai at $44.50, 10: slabs Foong Chai at $11.50, 100 stabs Siam at $45. Tinplates Shorte:-200 cases at $5.95. Yellow Metals-10 cases, New Brand 14/32 oz at 332.70.
bales, consisting of 200 bales No. 10, for the Northern Ports, the balance being Nos. 128. 148. and 16s. in small bales for the local markets. Prices paid have been, for No. 10s. Yah-Joong Tiş.56.00, Laou-kung-mow Tlx.58.50 and Soychee 18.63.01. For the other counts prices have
follows:-No. ranged as
12. from Tls.58 to Tls.16. No. 14s. from Tis.60 to 63.50 and No. 168. from T19.63 to 66, Some short sales bare yet to be covered at considerably over these prices.
METALS, 5th September.-(From Messrs. Bielfeld & Co.'s Report)-In Metals during the week a few transactions have taken place, the following being reported:-220 tons London Horse-shoes, at 86/-, c.i.f.; 50 tons Boiler Tubes, at 92/-; 100 tons Steel Plate Cuttings, at 91-; 75 tons Cobbles, at 105/-, and 100 tons London Horse--hocs (spot), at Tls. 2.10.
Aler
227
have improved to $4.50 after sales at $4,20, $4.30, and $4.40. Raubs are almost entirely out of the market with sellers at quotation. The crushing for the two months ending 31st August gave a return of 2,050 oz. gold notwith- standing that it was reported the mill was stop- ped for some days on account of scarcity of water.
Wan.
DOCKS, WHARVES, AND GODOWNS.-Hong- kong and Whampoa Docks have ruled steady with small sales at 245 per cent. prem, for cash and at a little better than equivalent rates forward. Kowloon Wharves have improved to $61, after fair sales at $60 and 8601. chais unchanged and without business.
LANDS, HOTELS, AND BUILDINGS.-Hong- kong Lauds continue quiet with sollers at $66; a sale was effected during the week at 865, but buyers rule the market at that rate. Hotels have been negotiated at 852, West Points at $18, and Humphreys at $8§.
JOINT STOCK SHARES. HONGKONG, 9th September.-The improve. ment reported in last report has continued and a fair business has been put through during the week at steady rates, the market closing steady at quotations, but not very active.
BANKS. Hongkong and Shanghais hare ruled quieter, with only small sales at 204 and 205 per cent. prem., closing with sellers at the latter rate. Bank of Chinas (ordinary) are enquired for at 10s. Nationals continue steady at $17 with small sales.
MARINE INSURANCES --China Traders have found small buyers at $634. Unious at $215, and Cantons at $130. The Northern Insuran- ces and Straits remain on offer without sales or buyers.
FIRE INSURANCES.-No change or business to report.
COTTON MILLS.-Remain neglected without business, but Hongkongs could be placed at $47. MISCELLANEOUS.— -With the exception of sales of Watsons at $12 there is nothing to report under this heading.
Closing quotations are as follow:-
COMPANY.
l'anks-
Hongkong & S'hai.....' China & Japan, prf,
Do. ordinary... Do. referred... Natl. Bank of Chinal
B. Shares Founders Shares.. Bell's Asbestos E. A..
Campbell, Moore & Co. China Prov. L. & M.... Cotton Mills- China Sugar
SHIPPING.-Hongkong, Canton and Macaos have changed hands during the week at $24}, $244, and $241, but at time of writing the market is firmer with sales and buyers at $251. Indo-Chinas continue neglected and without business at $55. Douglases have been dealt in to a somewhat large extent at $571, $58, and $58, closing with buyers at last rate. China Mutuals unchanged and without business. The Consulting Committee and the General Man- agers of Douglas Steamship Company have decided to recommend a dividend for the past year of 12 per cent., to write 8 per cent. off the value of steamers, and to place $58,000 to reserve. REFINERIES-China Sugars still remain
SHANGHAI, 3rd September (From Messrs Noël, Murray & Co.'s Piece Goods Trade Report.) We have to go back to 1896 to find a duller week than this has been. But for one or two respectable forward transactions, which we nen- tioned as pending in our last, business has been nearly at a standstill. Many firms say they have had the almost unique experience of not making eren a retail sale, and what has passed in indents is by no means general, it simply being on the part of one or two of the leading dealers, who think that now is the proper time to buy. And who can say they are not right? The situation is so complicated now by considerations of Exquiet and neglected with only small sales at eliange and the uncertain state of the home marlets, without going into the question of what the demand will be from the consuming distrists, they have simply to rely on their own judgment and risk the consequences. According to latest alvices from London the Eastern Banks are buying silver there. This is welcome news, as it is hoped that by the end of October the presenting with sellers. Olivers have found small pur- stringency in the money market will be relieved chasers at quotations. Great Easterns and Exchange be regulated more on the parity of encouraging telegraphic news from the mine
$155. Luzons have changed hands at $42, and more are wanted at that rate.
MINING. The market has ruled very quiet all round and there is but little business to report. Punjoms have changed bands in small lots at $5.25 and Balmorals at 50 cents for pre- ferences and 25 cents for ordinaries, both clos-
on
Ewo... Hongkong
Intern ti nal La u Kung Mow Soyche Yahloong Fenwick & Co., Geo. ... Dairy Farm Co. Green Island Cement...
Do. New Issue... II. & China Bakery Hongkong & C. Gas Hongkong Electric H. H. L. Tramways Hongkong Hotel Hongkon Ice
H. & K. Wharf & G. Hongkong Rope..... 11. & W. Duck insurances-
Canton........ China Fire China Traders' Hongkong Fire North-China Straits Union Yangtsze.
PAID un
UF.
$125 205
QUOTATION. [$381.25, sellers prem===
£o nominal
£4 £10, buyers £5.58.
£1
£8 $17
£1 $17, buyers
£1 nominal $10 $8
$10 $91. sales & sellers
$100 $155, sellers
Tls. 100 l. 871
$70 M7, buyers Tls. 100 Th. 9) Tis. 100ls 871 Tls. 500 Tls. 475 Tls. 100 Tl. 60
$ $5 $25 $.91, sales $10 $21, sellers $ $164, sellers $50 $33 £10 $125. $10 $81 $100 $110, buyers
Land and Building— H. Land Investment. Humphreys Estate... Kowloon Land & B. West Point Building' Luzon Sugar Mining-
Charbonnages.
Great E. & C'donian Jelebu
New Balmoral
Do. Preference Oliver's Mines, A.
Do.
Punjom
B.
Do. Preference...... Raubs
New Amoy Dock Steamship Coy.-
China and Manila..... China Mutual Ord.. Do. Preference Do. Vo. Douglas S. 8. Co. H., Canton and M.... Indo-China S. N. Star Ferry Tebrau Planti.
Do. United Asbestos
Dd. Wanchai Warehce Co. Watson & Co., A. S........)
Co.
1
$50 $52, sales & buyers
$25 $108, ellers
$50 $61, buyers
$50 $162, buyers
$125 24ip. et. premi.~ [$131. 5, sales
$50 $130, sales & buyera $20 $95, sellers $25 $631, sellers $50 $33, sellers
£25 Tls. 180
$20 $9, sellers
$50 $215, ales & sellers $60 $129
$50 $66
$10 $8.50, sal. & sellers $30 $171
$40 $18, sale
$100 $42, sales & buyers
Fce. 600 $10, sellers
$7 $11, buyer: $ $1.75, sellers $125 cts., sellers $150 cts., sellers 15 $4, sellers $21$3.50
$5 $1.35
$1 $1.50
14s. 10d. $35, sellers
$61 $.4
$50 $78, sales £10 £9 12., buyers. £10 £5 10s.
£5 £3
(50 $58), burers
$15 $251, buyers £10 $544, sellers
$71 88.76, sal. & buyers $5$, sellers
$: $3, sellers
$2 $1.40, buyers $10 $10, nomin:1 $371$41
$10 $12, sals
J. V. Y. VERNON, broker.
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