COALS.
HONGKONG, 6th January.-Small retail busi-
Quotations are:-
January 7, 1899.j
Bengal (New),Rangoon,
and Dacca. Shanghai and Japanese,.. Tungchow and Ningpo... Madras (Beat),..
15.00 to 16.75 picul.
21.00 to 21.50
21.00 to 21.50
to
CHINA OVERLAND TRADE REPORT.
Sales: 900 bales Bengal (New), Rangoon, and prices ruling in Japan and the more unfavour- Dacca:
RICE. HONGKONG, 6th January-A further fall in price has occurred under the influence of large arrivals. Quotations are:-
Saigon, Ordinary..
:
Round, good quality.. Long
Siam, Field, mill cleaned, No, 2...
#7
Garden,
#
White
•
*
Fine Cargo
No. 1
.$2.55 to $2.60
2.65 to 2.70 2 74 to 2.88
19
DOCKS, WHARVES, and Godowns.—Hong-
during the week at 288, 289, and 290 per cent. prem. for cash and at 300 and 302 per cent. prem. for March; the market closes at 291- buyers cash. Kowloon Wharves have found further buyers at 876 and $77 and are still in demand at latter rate. Wanchais remain un- changed and without business. New Amoy Docks have changed hands at $143 and $15, closing with buyers at the latter rate.
bales fort this Port. There has been less doing in Indian Yaen during the week under review,kong and Whampoa Docks have changed hands but prices are firm for the higher count. Japan- ese Spinnings are steady, and fresh supplies are likely to be restricted by the advance in
able Exchange with this. There is still con- siderable enquiry for Local Yarn and prices are improving. One of the Mills is reported to have sold its entire production for the four months ending 30th April, which is estimated at about 10,000 bales, but other Spinners decline to follow sait. Cotton is strong at last quotations, holders expecting a demand from the Mills.
EXCHANGE.
FRIDAY, 6th January.
LANDS, HOTELS, AND BUILDINGS.-Hong- kong Lands have changed hands at 875 and later at $74, closing steady. Hotels have ruled steady at $72 with small sales. West Points - are reported at $18 and Humphreys at $8.75.
COTTON MILLS.-Hongkongsafter small sales at $78 cum last call are in demand at that rate. Shanghai Cottons being without any local busi- ness rates are taken from the Shanghai circulars. MISCELLANEOUS.-Green Islands have im- proved to $264 for old and $254 for new shares. Watsons have changed hands at $12), Electrics at $93, Ices at $120, Star Ferries at $10 and $104, and China Providents at $10.25 No further business under this heading to report.
Closing quotations are as follow:-
¡PAID UP. QUOTATION.
COMPANY.
Hongkong & S'hai... China & Japan, prf.
[$441.25
$125 258 prem
£5 nominal
2.70 to 2.75
2.95 to 8.00
3.75 to 3.80
ON LONDON.-
4.00 to 4,05
Telegraphic Transfer Bank Bills, on demand Bank Bills, at 30 days' sight
1/11/7/0
.1/11
1/11
Bank Bills, at 4 months' sight
Credits, at 4 months' sight
1/11/ 1/11
Documentary Bills, 4 months' sight2/00
On PARIS.—
Bank Bills, on demand
2.461
Credits, at 4 months' sight
2.50
ON GERMANY.-
On demand
.1.99
Banks-
ON NEW YORK.-
Bank Bills, on demand
471
Credits, 60 days' sight
.48
ON BOMBAY.—
Telegraphic Transfer
.145
Bank, on demand..
146
ON CALCUTTA.—
Telegraphic Transfer Bank, on de and
.1454
.146
.721
China Prov. L. & M....! China Sugar
.784
Cotton Mills-
Ewo...
Tls. 100 TIs. "0
,5 % pm.
International
Tls. 100 Tls. 80
Lau Kung dow
Ths. 100 Tls ho
.1 % pm.
Yahloong
4% pm. .10.07 .52.50
Do. ordinary... Do. deferred.... Natl. Bank of China!
B. Shares Founders Shares..! Bell's Asbestos E. A..
Campbell, Moore & Co.).
£4 £1
£1 £5.58.
£8 $17, sellers
28 $17, sellers
£1 nominal
$10 $10
$10 $10-25 sales & sel.
$100 $171, sellers
ness passing.
Cardiff Australian. Miiki Lump
and Small.
Moji Lump Hongay double
screened...... Hongay Lump Hongay Dust.. Briquettes
--
}
$19.00 to 20.00 ex ship, nominal
10.00 to 10.50 ex ship,
9.00 to 10.25 nominal
8.00 to 9.50 ex ship, stendy 12.00 ex Godown
8.00 to 8.50 ex ship 5.50 to 10.00 to
MISCELLANEOUS IMPORTS. HONGKONG, 6th January.-Among the sales reported during the week are the following:
YARN AND PIECE GOODS :-Bombay. Yarn.- 50 bales No. 8 at $75, 2150 bales No. 10 at $66 to $86, 900 bales No. 12 at $72.50 to $86.50, 300 bales No. 16 at $78 ty $91, 1,050 bales No. :0 at $79 to $90. Japanese Yarn-100 bales No. 10 at $73 50 to arrive. Bengal Cotton-50 bales nt $16.50, 50 bales at $17, 100 bales at $16.50. Grey Shirtings.--300 pieces 84 lbs. B Joss No. 2 at $2.921. White Shirtings-250 pieces SO at $4.15, 500 pieces Gold Goose at $4.37). 250 pieces S. at $1.15, 250 pieces X 7 at $1.05, 250 pieces D. 70 at $3.65. T-Cloths.--300 pieces
8 lb. Mex. Red Stag at $2.72), 300 pieces 8 lbs. Mex. Red Stag at $2.724, 300 picces 8 lbs. Mex. Red Stag at $2.721. Drills.-200 pieces 14 lbs. Peacock Chop at $3.90. White Irishes.-250 pieces Gold Horse at $4.50.
SHANGHAI, 30th December.-(From Messrs. Noël, Murray & Co.'s Piece Goods Trade Report. Piece Gonds.-Broken into by the Christmas holidays the past week has not been a very exciting one in this trade to judge by the business reported, but from all accounts that does not fairly represent the true state of things. In fact there appears to have been quite a brisk enquiry. The number of those who are in a position to meet it, however, is limited, and Importers dislike to disclose what they are doing to their competitors. especially forward transactions. The demand appears to embrace all the standard makes of Manchester goods, with the exception of Drills and Sheetings, and where obtainable at anything like current rates, with the option of a couple of months clearance, there are ready operators. It suits the hooks of some to sell on those terms, especially with cargo afloat, but holders of spot goods are not always so willing to respond, without some compensation in the price to make up for the lower Exchange that has to be reckoned. l'he enquiry from Hankow has lasted and seems to be the chief sustaining power of the immediate trade, the Northern dealers naturally only buying for forward clearance at present, although it is not unlikely they will soon see the advantage of investing their money in cash purchases. Altogether the present year will close with Я firni market, current prices as compared with the same time last year not showing any very radical change. Although American makes have not taken a very prominent place in the business reported this week there bas been considerable enquiry, but operations are checked by the higher prices quoted in the States, prices there having risen about sixpence per piece from the lowest point. The early buying for this market this searon seems to have rather upset the calculations of Manu- facturers, who are apparently unable to supply orders from other markets, and are actually trying to repurchase some of the goods sold to this. The s. 8. Kenmore, that was supposed to have been wrecked in the Red Sea last October. arrived here: ye terday. The quantity of Piece goods she was supposed to be carrying was greatly exaggerated, as she has only some 4,400,
ON SHANGHAI.—
Bank, at sight Private, 30 days' sight
ON YOKOHAMA.—
On demand
ON MANILA.-
On demand. ON SINGAPORE.-
On demand
SOVEREIGNS Bank's Buying Rate GOLD LEAF, 100 fine. per tael
Soychce
Hongkong Dairy Farm Co. Fenwick & Co., Geo. Green Island Cement. Do New Issue .4. H. & China Bakery
H. & K. Wharf & G
JOINT STOCK SHARES. HONGKONG, 6th January-With the further Hongkong & C. Gus interruption of the New Year's holidays busi-Hongkong Electric ness has not yet resumed normal conditions. | H. H. L. Tramways but the last few days have seen a fair general Hongkong Hotel business transacted and rates ruling firm.
Hongkong Ice BANKS.-Hongkong and Shanghais after small sales at 248 and 249 have changed hands at 250 and 251 per cent. prem. for cash and at 255 to 258 for February and at 260 per close at 253. On time sales have been effected
cent, prem. for March. Nationals remain un- changed with small sales.
MARINE INSURANCES.-China Traders have been negotiated at 862 and $63. Unious, Cantons, and Straits continue quiet and without business at quotations, whilst the Northern Assurances remain unchanged and without any local transactions
continue
FIRE INSURANCES.-Hongkongs dull and without business at $320, Chinas have found small buyers and sales at $88 and later at 889.
SHIPPING, Hongkong, Cauton and Macaos have ruled steady with fair sales at $264 for cash and at about equivalent rates on time, market closing with further small buyers for cash at $265.
REFINERIES-China Sugars, after further sales at $170, have improved to $171 with sales. On time shares have changed hands at $177 and $178 for March delivery. Market closes steady. Luzons remain quiet and neglected at quota- tion.
MINING. Punjoms have ruled steady at $6,25 with small sales for cash at that rate and at $6.35. Charbonnages continue to be enquired for without bringing out sellers and the rate has improved to $115 with buyers. Queen's Mines with a demand from the South have improved have found small bayers at quotation. Jelebus to $4.75 with but very few sales. Raubs again show a considerable advance, sales having been effected as high as $50, with few if any sales at rates intermediate between that and $45. The market closes with buyers at $50. Olivers and Great Easterns have found small buyers at quotations.
Hongkong Rope...
H. & W. Dock Insurances- Canton.. China Fire China Traders' Hongkong Fire North-China Straits Union Yangtze
TIs. 500 Tis. 400 Tls. 100 Tls. 55
$7078, buyers
$$ $25 $31, buyer $10 $24, sellers
$5 $251 $50 $33 £10 $126
Land and Building-
H.. Land Investment.] Humphreys Estate... Kowloon Land & B. West Point Building Luzon Sugar Mining-
Charbonnages
Great E. & C'donian Jelebu Queens Mines Ld.... Oliver's lines, A.
Do.
Punjom
B....
Do. Preference... Rubs
New Amoy Dock Steamship Coy.-
China and Manila... China Mutual Ord... Do. Preference Do. *10. Douglas S. 8. Cu. H., Canton and M.... Indo-China 8. N. Tebrau Planting Co.
Star Ferry
Do.
United Asbestos
.Do Wanchai Wareh're Co. Watson & Co., A. 8....]
J.
$10 $41, buyers $100 $120, buyers $50 $72, >eilers $25 $120, sell, rs $50-$77, buyers $50 $172)
$125 (291 p. ct. přem.- [$483.75, buyer
$50 $150 sellers $20 $-9
$25 $63
$50 $320 £25 Tls. 180 $20 $7, sellers $50 $280, sellers $60 $123
$50 $74, mvers $10 $2.75, sales $30 $18, buyers $40 $19, sel' ers $100 $55, sellers
Fee. 250 $115, buyers
$5 $7.50, buyers $5 $4.75
25c. 75 ct., layers
35 $7, buyer $2/$3.3, sellers $5 $8 23 -
$1 $1.50, sales 14s. 10d. $50, buyer. $6815, buyers
$50 $15
£10 £9. 18., buyers £10 £3 10s, buyers
£5 [£3, buyers.
$5 $58, buyers
$15 $261, buyer, £10 $2
$71 $101, buyers -$5 $5, sellers $4 $3, sellers
$2 - $1, 0, buyers ・ 0 810. nominal $37||$41
$10 $12), sales Y. V. VERNON, broke,
L
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