September 17, 1898]
METALS.-Tin.-100 slabs Foong $4.50, 100 slabs Siam at $42.80. COTTON YARN.
"
"
38 to 42....
7lbs.
Cotrok Pizce Goods.
Grey Shirtings-6lbs.
8.4 lbs.
A to lu lbs
Chai
per bale
at
Bombay-Nos. 10 to 20s..... 68.00 to 92.00 English-Nos. 16 to 24.........104.00 to 110.00 22 to 24.........105.00 to 111,00 28 to 82.... 118.00 to 128.00 .127.00 to 182.00
per piece 1.72 to 1.82 1.97 to 2.05 2.40 to 3.15 3.30 to 4 10 2.30 to 2.50 2.70 to
3.35 3.45 to 4.80 4.30 to 7.00 Book-folds. 3.70 to 5.60 Victoria Lawns-12 yards 0.64 to 1.30 T-Cloths-6lbs. (32 in.), Ord'y. 1.52 to 1.72
7lbs. (32,, ),
2.10 6lbs. (32 ), Mexs. 1.62 to 1.82 7lbs. (32 ),
2.05 to 8 to 8.4 oz., (36 in.) 2.35 to
hite Shirtings-54 to 56 rd.
58 to 60
11
64 to 66
EXT
Fine
*
*+
1.81 to
21
222332 2
Drills, English--40 yds., 134to) 3.65 to
FANCY COTTONS
8lbs.
Turkey Red Shirtings-1 to 1.50 to
2.75 3.20
5.05
Brocades-Dyed
Damasks.
Chintzes Assorted
Velvets-Black, 22 in.
0.20 to
Velveteens-18 in.
0.17 to
4.85
3.00 to 6.00
per yard 0.12 to 0.10 0.08 to 0.14 0.45 0.18
per dozen
WOOLLESS
Handkerchiefs-Imitation Silk 0.45 to 0.00
per yard
Spanish Stripes-Sundry chops. 0.60 to 1.40
German
1.15 to 1.50 Habit, Med., and Broad Cloths. 1.25 to 5.25
per piece 6.50 to 8.50
Long Els-Scarlet
Assorted
6.60 to 8.60
Camlets+Assorted
Lastings-30 yds., 31 inches,
12.50 to 32.50
11.00 to 20.00
Assorted
Orleans-Plain
Blankets-8 to 12lbs.
METALS
Iron-Nail Rod
Square. Flat Round Bar
Swedish Bar
Small Round Rod
Hoop to 11/2 in.,.................
Wire 13/25
Old Wire Rope
Leal, L. Band Hole Chop
Australian.
8.50 7.00 to
per pair 3.50 to 14.00
per picul
3.60 to
3.75 to
5.50
to
4.15 to
5.25 to
8.50 to
1.50 to 2.50
840 to
8.30 to
Yellow M'tal-Muntz,14/20 oz. 32.00 to Vivian's, 14/20 oz. 32.00 to Elliot's, 14/20 oz. 81.50 to 46.00 to 32.00 to 30.75 to
Composition Nails
Japan Copper, Slabs........
Tiles
Tin
Tin-Plates
Steel to t
SUNDRIIS
Quicksilver
Window Glass
Kerosene Oil
to per box.
6.00 to
per cwt. case
5.25 to
per picul
138.00 to
per bor -4.55 to
per 10-gal. caes
1.93
to
SHANGHAI, 10th September.-(From Messrs. Noël, Murray & Co.'s Piece Goods Trade Report.) -Dulness continues the prevailing feature of this market, although there are not wanting signs that the worst period to be anticipated has been reached at last. This has not been shown in any increase in the sales effected, nor indeed in the fresh indent orders booked, for both have been on little more than a retail scale, but there seems to be more earnestness about the enquiries and greater life was displayed at the Auctions. The general opinion amongst Importers seems to
be that, but for the rise in Exchange which has taken place this week, there would have been more buying-now of course the dealers want to wait and see what the next move will be. If it will only keep steady for a week at a time they might be encouraged to operate, for there is no doubt supplies are wanted and the trade is being car- ried on with just sufficient, to sati-fy the direst necessities of the moment. Nothing can be gathered from the private sales reported; they
CHINA OVERLAND TRADE REPORT,
are too small to be any criterion of what the market is, but the recovery in Auction prices is of some significance, although they had certainly dropped unconscionably low. There is nothing of importance to mention with regard to our dependencies, except that dearness of money seems to be a common complaint with all of them. If a man has to borrow money at 15 per cent., or over, to buy Piece Goods he does without them as long as possible is the way an intelligent dealer put it to us. Deliveries as a rule have ben poor in moet directions, Korea being the notable exception, a direct steamer having been despat- ched this week after an unusually long interval. A delegate of the Syndicate that was the only outcome of the Blackburn Mission to China, bas been here recently with a view to establishing a Cotton Mill in Shanghai, but on closer acquaint- ance with the place has apparently come to the wise conclusion that it had better be left alone, as it is evidently not the soft thing it looked two years ago. The idea now seems to be to start a "cut price business here and endeavour to push the Lancashire trade in that way! apparently thinks that Importers here making too much out of the business now, and that if the whole of the trade was run by the Syndicate it would be possible to sell goods to the natives a few candareens a picce cheaper and so induce a greater consumption. That is not going to do the trick. It is simply, as we have repeatedly stated, by cheapening the means of transport into the interior that any appreciable difference will be seen in the consumption of imported fabrics, which, as the Report of the Mission shows, are only found in any quantity in the neighbourhood of the Treaty Ports.
METALS,
He
are
12th September.-(From Messre, Alex Bielfeld & Co.'s Report).-Money has been very tight. In Metals there has been very little enquiry even, and fewer transactions, the follow- ing being all that has been reported :---50 tons New Bale Hoops at 155 a., c.i.f.
JOINT STOCK SHARES. HONGKONG, 16th September.-A fair amount of business has been put through during the week, and rates have ruled steady.
BANKS. Hongkong and Shanghais have changed bands at 205 per cent. prem. for cash, and at 216 per cent. prem. for December, closing steady. Nationals unchanged with small sales at quotations.
MARINE INSURANCES -China Traders have ruled rather quieter with sellers and no sales at $63. Unions and Straits are still on offer. and Cantons enquired for at quotations. The Northern Insurances continue neglected and without business.
FIRE INSURANCES. Both Hongkongs and China Fires are still out of the market with no business to report.
SHIPPING-Hongkong, Canton and Macaos have continued steady with further sales at $253, closing with sellers. Indo-Chinas bare found some small buyers at $54. market closing rather, firmer with no sellers under $55 and no very large number obtainable at that. Douglases have found buyers to a fair extent at $581 and China Manilas at $78. China Mutuals unchanged and without business.
REFINERIES-China Sugars continue more or less neglected with only small sales at $154. Luzons are on offer at $43.
on
the
MINING. The market has been very quiet all round with the exception of Great Easterns, which experienced a small boom strength of encouraging news from the mine. Shares have changed hands during the week at from $4.6 to $5.60, but the market closes quieter with sellers at $5.25. Panjoms have been sold in small lots at $5.25, Jelebus at quotation, Olivers at $6 and $3.60. Balmorals and Raubs continue entirely out of the market with no business to report.
kong and Whampoa Docks continue steady with DOCKS, WHARVES, and GodownNS.-Hong.
loon Wharves have improved to 863 after small a small business at 245 per cent. prema. Kow.
sales at $601, 861, $61}, and $621, market clos- ing firm, Wanchai Godowns remain un- changed and without business.
243
kong Cottons, are taken from Shanghai cir oulars. Hongkong Cottons could be placed. at $47.
MISCELLANEOUS.-Watsons have changed hands at $12, Star Ferries at 88.85 to $9, buyers, and China Providents have been nego- Green Islands remain on offer without fidding
tiated at $9.25.
Closing quotations are as follow:-
COMPANY. {PAID UP. QUOTATION.
[8381.25, sales $125 205 % prem
Banks-
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 Prov. L. & M.... China Sugar Cotton Mills-
Ewo... Hongkong International Lagu Kung Mow Boychee 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 Hougkong Ice
H. & K. Wharf & G... Hongkong Rope... H. & W. Dock Insurances-- Canton... China Fire China Traders'
Hongkong Fire North-China
Straits Union Yangtsze
£5 nominal
£4 £0 10s. 6d., sales
£1 £5.5s.
£8 $17
£1 $17, sales & buyers £1 nominal
$10 $
$10 $91. sales $100 $154, sales
Tla. 100 TIs. 87}
$70 $47, buyers Tls. 100 Tls. 90 TIs. 100 Tls 87
Tls. 500 Tls. 450 Tls. 100 Tls. 60
$6 $57 $25 $291 $10 $27, sellers $3 $16, sellers $50 $33 £10 $125 $10 $81 $100 $110, buyers
$50 $52, sales $25 $108, sellers $50 $63, buyers $50 $162, buyers $125 245 p. ct. prom.=
[8431.25, sales
Land and Building- H. Land Investment. Humphreys Estate.... Kowloon Land & B. West Point Building! Luzon Sugar Mining-
Charbonnages
Great E. & C'donian' Jelebut...... New Balmoral
Do. Preference Oliver's Mines, A.
Do.
B.
Punjom
Do. Preference.... Rubs New Amoy Dock Steamship Coy.-
China and Manila... China Mutual Ord.. Do. Preference Do. Do. Douglas S. 8. Co. H., Canton and M.... Indo-China S. N.. Tebrau Planting Co. ...
Star Ferry
Do. United Asbestos
Do. Wanchai Wareh’ze Co. Watson & Co., A. 8....!
$50 $130, buyers $20 $95, sellera $25 $63, sellers $50 $330, sellers £25 Tls. 180 $20 $9, sellers $50 $215, sellers $60 $129 ·
$50 $65, buyers
$10 $8.50, sal. & sellers
$30 $17 $40 $187 sales $100 $42
'Fce. 500 $10, vellers
$ $5.25, sellers $1 $1.25, sales $120 cts., sellers $130 cts., sales
$5$, sellers
$24 $3.60, sales
$5 $1.25, sal. & sellers
$1 $1.50
14s. 10d. $34), sales & buyers
$63 814
$50 $78
£10 £9 199., buyers £10 £3 10s
£5 £3
$50 $58), sales & sellers $15 $25
£10 $544
$71 $9, sellers $5 $5, sellers $4 $3, sellers
$2 $1.40, buyers 510 $10, nominal $37) $41
$10 $12, buvers
J. V. Y. VERNON, broker.
SHANGHAI, 12th September.-(From Messrs. R. Burkill & Sons' Circular).-There has been a little more business done this week, with small
hai Banking Coporation.-Business has been change in rates. Banka-Hongkong and Shang
and a sale for delivery on the 30th current at 208 confined to a cash sale at 203 per cent premium,
per cent preminni. Marine Insurance.-Yangtze shares were placed at $130. North Chinas are wanted at Tls. 180, but are held for Tis. 190. Fire Insurance.-No business reported. Shipping.—
LANDS, HOTELS, AND BUILDINGS.-Hong- kong Lands have declined to $65 with fair sales.ongkong, Canton & Macho, Steamboat shares Hotels have changed bands at $52, West Points S. N. shares were placed at Tls. 40.75 cash and were sold to Hongkong at $24.50. Indo-China at $18, and Humphreys Estates at $81.
for the 31st January at Tla. 42, Cash shares are COTTON MILLS.-No business to report. offering on the same terins. China Mutual 8. N. The rates quoted, with the exception of Hong-ordinary shares changed hands at Tls. 23. Sagaz
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