234
COMMERCIAL.
SILK.
THE HONGKONG WEEKLY PRESS AND
Local Manufacture: -No business reported, but prices are well maintained.
Japanese Yarn:-Sales of about 400 bales No. 20s., at from $131] to $112 have transpired. (lo-e firm.
however, has put in an apearance and is reported to have purchased 50 bales Superfine Bengal at from $24 to $25, leaving a stock of about 5,000 bales on the market. Nothing doing in China kinds, stocks 500 bales. We quote to-day Indian $21 to $25, and Chinese $25 to 28.
CANTON, 27th March-Exports-Re-reels- Buyers have been enquiring for contracts in new
Baw Cotton: – The market continues somewhat season's, produce and conflicting rumours are
featureless in Indian descriptions. Importers current as to the prices offered. A sale of 21
are fairly keen se lers, but the country is irrespon- bales each Nos. 1 and 2, 2nd and 3rd crops, issive, and dealers apathetic. The local mill; reported as made at $865 average. In general, the ideas of buyers appear to range about $830 for Nos. 1, 2 & 3, while dealers offer to a limited extent at $860. Filatures.-Considerable activity has ruled in all sizes for Europe up to a couple of days ago, when transactions were checked by advancing Exchange. Holders have met demand and in many cases have obtained a slight advance. Many ree'ers have now contracted up to the close of their production for the current season, and we estimate that about 4,000 bales unsold now remain to come forward. In Best Se
Order the season is virtually finished and buyers are endeavouring to obtain contracts in new silk. The best price offered is $880 (Frs, 32.00) average for 11/13, 18/15, and it is currently reported that Soey Wo Cheung has taken 100 bales at this price. No other dealers will entertain forward contracte, expre-sing too great uncertainty as to the future. Short-reels. — American buyers show very little interest in the remaining stock and the few sales made show an irregular market. These include: Han King Lon 14/16 (50 bales) at $1,030, Kwong Wo Tai 14/16 (60 bales) at $1,020, Yu King 14/16 at $1,010, Koun King 14/16 (50 bales) at $980. In new ilk, 25 bles each of Kwong Wo Hing and King Shing's Gold Lion have been contracted for at $1,000 and $990 respectively. Waste.-The easier tone reported in our last has become accentuated. Prices of Steam show a drop of £10 per picul, and Ext. Sel. opened could be done to-day at $140, or possibly a shade ander. In all other classes the season is practically finished, and our quotations are of little value.
CAMPHOR,
Hongkong, 27th March.—No arrivals.
SUGAR.
HONGKONG, 27th March.
advancing, holders being firm.
Exchange on India has fluctuated s'ightly and shows a small advance on last mail; closing to-day at Rs. 119 for T/T and Rs. 1104 for Post on Shanghai $73; and on Yokohama 784.
The undernoted business in imported and local spinnings is reported from Shanghai during the fortnight ended 14th instant, viz.:
Indian :-Total sales 6,764 bales, comprising 25 bales No. 68., 1,536 bales No, 108., 990 bales No 12., 55" bales No. 108., and 3,683 bales No. 20., prices showing an advance of half to 11 tael and market closing a rong. Estimated unsold stock about 38,000, bales.
Japanese-Business continues on a small scale, sales aggregating about 1,000 bales on the basia of Tis. 94 to 98 for 168, and Tls. 971 to 100 for No. 208., prices showing an appreciation of one to two Taels and market closing strong.
Local :—-Total sales about 5,000 bales on the basis of Tis. 91 t 94 for 148., and Tls. 90 to 954 for No. 20., market clo-ing firm with a bardening
tendency.
MISCELLANEOUS IMPORTS. HONGKONG 27th March.-Amongst the sales reported during the week are the following:- per bale
Bombay-Nos. 10 to 20, ...3 94.00 to $134.00 English-Nos. 16 to 24, 114.00 to 120,00 120.00 to 128.00 138.00 to 142.00 155.00 to 170.00
22 to 24,
"
*T
"
28 to 32, 38 to 42,
COTTON PIECE GOODS-
The prices are
Grey Shirtings-6 lbs.
Shekloong, No. 1, White......$8.45 to $8.50 pcl.
Do.
2, White..
Skokloong, No. 1, Brown 2, Brown No. 1, White..
7.55 to 7.60
12
Do. Swatow!
0.20 to 6.25 6.05 to 6.10 8.30 to 8.35
**
#
Do.
No. 1, White.....
7.40 to 7.45
*
Do.
Do.
"
1, Brown 2, Brown
5.90 to 5.95 5.75 to 6.80 .12.25 to 12.30
21
10.75 to 10.80
RICE.
Foochow Sugar Candy
Shekloong
17
HONGKONG, 27th March.-Large arrivals having been reported, the downward tendency continues.
Baigon, Ordinary
per piece. 2.30 to 2.40 7 lbs.
2.40 to 2.80 8.4 lbs.
3.30 to 4.10 9 to 10 lbs. 4.00 to 5.69 White Shirtings-54 to 56 rd. 2.80 to 3.00 58 to 60.. 8.45 to 3.75
64 to 60 4.00 to 5.50 Fine
5.75 to 8.20 Book-folds 4.75 to 7.50 Victoria Lawns, 12 yards 0.80 to 1.75 T-Cloflis-Glbs. (32 in.), Ord'y, 2,00 to 2.30 to 2.06 " 2.75 3.50
4.00
4.75 to 7.30
7lbs. (32
2.40
+1
6lbs. (82 -, ), Mexs. 2.50 7lbs. (32,, ).
3.00
to
$3.70 to 3.75
»
15
Round, Good quality Long
5.45 to 5.50
8 to 8.4 oz., (36 in.) 3.30 Drills, English-40 yds., 13
to 14 lbs.
to
5.60 to 5.65
FANCY COTTONS~~~
fiam, Field mill cleaned, No. 2
4.20 to 4.25
Garden,
No. 1
4.43 to 4.50
•
White,
5.70 to 5.75
事
Fine Cargo
5.90 to 5.95
COTTON.
HONGKONG, 27th March. Nothing ding. Market very quiet. Stook, about 4,500 bales.
Bombay
,23.00 to 24.00 picul
Bengal (New), Bangoo ? 24.00 to 26 (0
and Dacca.....
Shanghai and Japanese, 28.00 to 29.00 Tungehow and Ningpo, 28.00 to 29,00
YARN.
"
"
Mr. P. Eduljes says in his Report, dated Hong- kong, 29th March:-Demand has somewhat fallen off during the past fortnight, and settlements, as reported below, are comparatively small. Importers have been pressing sales at a reduction of from 50 cents to $1 per bale on all desirable spinnings, but dealers are acting very cautiously and buying only for immediate wants, as with the contract goods now arriving and previous stock in hand they are now meeting their heavy engage- ments with country-buyer, and can afford to wait further developments. No. 106. still continue to attract most attention, and form the bulk of the settlements Prices, however, show little or no chang but there is a hardening tendency for litics while common kinds are weak. o in demand but best makes are n ore proportionately higher in price than medium and common threads. Market closÉS steady with light stocks,
zteeni
Turkey Red Shirtings-14 to 159 to 6,50
81b8 Brocades-Dyed DAMASKS -
to
per yard
Chintzes-Assorted
to Velvets-Black, 22 in `................. 0.29 to 0.60 Velveteens-18 in.
0.26 to 0.29 per dozen Handkerchiefs-Imitation Silk 0.39 to 5.00
CLOSING QUOTATIONS.
FRIDAY, 27th March. EXCHANGE.
ON LONDON.—
Bank Bills, on demand
Telegraphic Transfer
Bank Bills, at 30 days' sight
.1/7\ 1/7
1/71
Bank Bills, at 4 months' sight Credits, at 4 months' sight.........1/74 Documentary Bills, 4 months' sight1/74
1/71
ON PARIS.--
Bank Bills, on demand
.C01
Credits 4 months' sight.......
. 01
ON
GERMANY.———
On demand
1034
ON
NEW YORK.—
Bank Bills, on demand
39
Credits, 60 days' sight
.391
[March 28, 1903.
ON HOMRAV. — Telographic Transfer1:03“
Bånk, on demand
.[19].
!
ON CALCUTTA.—Telegraphic Transfer1191
Bank, on demar d IN SHANGHAI.—Bank, at sight Private, 30 days' right.. ON YOKOHAMA.-ON demand ON MANILA.--On 'demand
1197
741 781
...1 pc. pm.
nominal 168 Cặp tp. 2p.c. pm. 69
ON SINGAFour –On demand ON BATAVIA.— On demand” · ON AIRHOse.—Or demand ON SAIGON.-On demand ON BANGKOK.-- On demand SOVEREIGNS, Bank's Buying Rate ...812.40 GoLD LEAF, 100 fine, per tael .65 BAR SILVER, per ox.
221
SHARE REPORTS. HONGKoFG, March 27th, 1903.--Our_mar- ket has been active throughout the week under review, and a further important investment business at gradu lly improving ra'cs has to be recorded.
BANKS.-Hongkong and § hanghais have been placed at 890 and $691, and close with furt' er buyers at the higher rate. London is unchanged at £62 10s. @d. "Nati nals have improved to $25 buyers.
MARINE INSur ncr2-China Traders have cased off slightly and are obtainable at $60. Unions s Id at $535 and further shares could probably be placed at the rate. North Chinas
hare sold at Tls. 200 and coutinne in request. Yangtez's have improved to $140 buyers. C-ntons can still be placed at 8'62}.
FIRE INSURANCES.-Hongkongs have sold at $37) and $309, and at the clcgo a few shares are probably obtainable at the former quotation. Chins sold at $-2 and continus in request SHIPPING.-Hongkong. Canton and Macros bard been in active demand and important sales Lave been effected at $38 at which more shares can be placed. Indo-Chinas have been booked at $1:0, 8994 and $99 and more shares can be placed at the last named figure. China and Manilas continue in request at $27. Douglases have sold at $43 and close steady, Star Ferries (old) have improved to 827 buyers: the Shell new issue is unchanged at $14.60. Transports continue on offer at £1 78. 6d.. aid a lightly lower rate would probably be acc pfed.
REFINERIES. China Sugars have been bocked at $107 to $100 and at the cluse rome further shars are obtainable at $109. Luzons are with out change at $[2] sellers.
MINING. Puoj· ms are wanted at the advau- ced rate of 834. Kaubs are weak with sellers at $8. Docks, WHARVES & GODOwNs.-Hongkong and Whampoa Docks have been in active demand with sales at $207 to $213 cash, and equivalent forward rates, and our market closes with a further inquiry for cash shares at the Higher rate. Hong kong and Kowloon Wharves have been booked at $$3 and more shares aro wanted. New Amoy Docks are unchanged at
8 sellers. Farnhams have fluctuated between $190 and $190 with sales at intermediate rates, and close steady at 8!871.
LANDS, HOTELS & BUILDINGS.-Hongkong Lands continue on offer at $176 with sales reported at $175. Kowloon Lands have been in strong request, and have advanced to $40 at which holders still refuse to sell. West Points have also im roved to $5 buyers. Hongkong Hotels continue in demand and close with Luyers at $143. Humphreys Estates are un- changed with probable sellers at ́812:15 after sales at $12.
COTTON MILLS.-Ewos have advanced in the north to Tls. 381 with sales. Hongkongs are unaltered at $17 sellers
MISCELLANEOUS.—Manila Investments have Boll at $15 and can still be placed at this figure. Green Island Cements have been booked at $281 and 8281, and are now obtainable at $224 ex the dividend of $1.20 per share for 1902 paid on the 22nd inst<nt. A >. Walsons are wanted at $144. Ropes can be placed at the improved rate of $112}. Fenwicks hate advanod to $47 buyers. Campbell, Moores have sold at $424. Bells Asbestos are~wanted at 824, and Powells at $10. Obína Providents after sales at $9.85 are procurable at $915 w g
MEM08-Campbell, Moore & Co Ld, or... diþary annual meeting on the 31st instant:
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