June 12, 1895.].
up during the week and sales have taken place at advancing prices, but most holders of stock are asking a further rise, in view of the higher cost of American makes, and this seems likely to cause an improvement in English Drills, also, in the near future. Orders continue to go forward for 12-lbs. Shirtings, Mexicans, and the better White Shirtings and Irishes, but transactions have been the customary Whit week holidays in Manchester. somewhat curtailed during the interval owing to The northern markets are showing rather more activity, the shipments to both Chefoo and Tion- tain having improved in a most marked manner during the last week or two, and Ningpo is also beginning to look up. The evacuation of New- chwang and neighbourhood by the Japanese troops has commenced and it is rumoured that recom- mendations have been received from there to send up some goods. The markets at the river Ports are quiet, and the news recently of serious anti- foreign riots in Szechuon will not help to improve trade in that direction. Although nominally closed, as mentioned above, business has been done with Manchester during the week in spite of the lower exchange. Last month's Export was 31 million yards of Plain Cottons to Hongkong and China and 5,000 bales Yarn, of which Hongkong takes 1,800 bales and 500 bales are for this.
CHINA OVERLAND TRADE REPORT.
455
MISCELLANEOUS.-Docks have ruled steady to Hongkong, at $162), and Straits at $18. Fire with sales at 100 per cent. prem. Lands have Insurance, Hongkongs have been purchased, from again changed hands at $60 and $591, closing Hougkong, at $198. Chinas are offering at $85. steady at former rate, Wanchai Warehouses Wharves.-Shanghai and Hongkew Wharf shares have found buyers at $37. Watsons at $9 and have been placed at Tls. 2971, Birt's Wharf shares 393, and Kowloon Wharfa have further improved at Tls. 50, and Hongkong and Kowloon Wharf have weakened to $4.90, shareholders being market has now improved in Hongkong to $41. to $414, olosing with sales and buyers. Electrics shares, from Hongkong, at $40 and $40. The
nothing further to report. disappointed at receiving no dividend. We have Cargo Boats-Shanghais have been sold at Tls. 142) and Co-operatives at Tls.130. Miscellaneous. -Perak Sugar Cultivation shares were sold at TIs. 30 and Tls. 29, Shangbai Land Investment shares at Tls. 57 and Tls. 37, Shanghai-Sumatra Tobacco. shares at Tls. 550 cash, Tls. 580 for 31st August, and Tls. 600 for 30th September, Shanghai-Lankat Tobacco shares at Tls. 115 to Tls. 122 cash and Tis. 125 for 30th June, and Bell's Asbestos shares at $91. Loans.-Chinese Imperial E. Loan Bonds were sold at Tls. 2514, and Shanghai Land 6 per cont Debentures at Tls. 100, plus the accrued interest.
Closing quotations are :--
COMPANY.
PAID UP.
Banks
Hongkong & S'hai. China&Japan L.,pref.
Do.
Do.
1
ordinary deferred
QUOTATIONS
$125 | 176 p. et. pai.
nom.
£1 nom. £1 nom.
£8 $27, sellers elnm.
$10 | 18 sellers $25 $16
$50 194, sales & sellers $12.50 18, sale: & buyers
$50 $36
£10 $125, buyers $8 $4.00, sellers $100 $70, sales
Nat. Bank of Ch,
B. Shares... Foun. Shares. Bell's Asbestos E.
£1 nom. Agency, Ld.
158. $10, sales Brown & Co., H. G..
$5014), sellers Campbell, Moore& Co. $10 $2 China Borneo
$55 nom. China Sugar
$100 $108, sellers Chinese Loan '86 E.. Tls. 260 11 p. ct. pm, Metale. (From Mr. Alex. Bielfeld's report) Dakin,Cruicks❜k&Co, $5 $1 7th June:-Since my last report the prevailing Dairy Farm Co. tone has been that of quiet steady trade. I can- Fenwick & Co., Geo. not report any improvement on last week; transac- Green Island Cement tions have been few and of no importance. The H. Brick & Cement. confidence in exchange has again been shaken by H. & C. Bakery its once more going below 3/. The exports of May Hongkong & C. Gas. show some welcome improvement and if the de-Hongkong Electric... mand in the north continues to grow it will not be H. H. L. Tramways. long before stocks here are greatly lessened. Hongkong Ice.. Lead. Nothing worth reporting has been done; small re-sales between natives still continue, L.B. is now quoted at Tls. 4.90. Stocks are about 400/450 tons L.B. and 900/1,000 tona Australian. Iron. The demand is almost nil, but a few sales have been made as follows:-100 tons Nailroad, **Goffin," at Tls. 2.221, "spot," and 100 tons Nail road, Sohier Exp., at £5.2.6, c.i.f., to arrive." Old Iron.-A fair amount of business is recorded and in this there seems more interest exhibited than in other branches of our local trade. Sales are:-100 tons Old Wire Rope, Private terms; 200 tons London Horse-shoes at 731 c.i.f., to arrive, 200 tons Scrap Iron, Rd., Sq., Flat 1 foot up 68/ c.i.f. to arrive; 60 tons Old Boiler Plates 1.55 picul spot; 24 tons Steel Bar Cuttings 1.60 per picul spot; 82 tona Old Rigging 1.30 per picul spot; 24 tons Old Axles 1.65 per pioul spot.
JOINT STOCK SHARES.
HONGKONG, 11th June. The inactivity of the market reported in our last few issues has continued, and even been accentuated during the week under review; rates, however, have (with the exception of Banks) not suffered and continue to rule steady.
BANES-Hongkong and Shanghais have been on offer at 180 per cent. prom. during the week, but with the exception of a few very small lots which changed hands at that rate we have no business to report; large lots could be obtained at cheaper rates (probably 176 per cent. prem.), but in the absence of business it is difficult to give a closing rate.
MARINE INSURANCES.-China Traders have fourd further buyers at $06) and Cantons at $1624, both closing steady; other Marines have raled neglected.
FIRE INSURANCES.-Further sales of Hong kongs at $198 and of Chinas at $86 is all we have to report.
SHIPPING.—Hongkong. Canton, and Macaos have ruled weak with small sales at $324, at which rate the, stock is still obtainable; buyers, how- over, at $32 are unable to find shares. Douglas's have ruled easier and have changed hands at $511, $51, and $50) Indo-Chinas have steadied and sellers are willing to part at $54 without finding buyers at the moment. Other Shipping stock is neglected.
H. & K. Wharf & G. Hongkong Rope...... H. & W. Dock..... Hotels-
Hongkong Hotel... Shameen Insurances-
Canton China Fire. China Traders'
Hongkong Fire
North-China Straits Marine. Union Yangtsze Land & Building-
H. Land Investm't Kowloon Land & B. Humphreys Estate West Point Buildg. Luzon Sugar Mining
New Balmoral.. Charbonnages Jelebu .. Punjom
Do. (Preference) Raubs
Steamship Coys.--
China & Manila Douglas S. S. Co... H., Canton, & M... Indo-China S. N... W'chai Wareh'se Co. Watson & Co., A. S...
$25 $79, sales & buyers $50 | 1411, såles $50 $122, buyers $125 10 p. et pul, sales
$509, sales & sellers $20
$50 $162, sales $2084, sellers $25! $661, males $50 $198, sales £25 Tla. 195, sellers $2018, buyers
$5 $1621, zellers $60 198, buyers
$50 $59), sellers $30 | $11, +ale. $10 | 18, sellers $40 $181, buyers $100 $45, rollers
$3 $5.80, buyers
$131.58 $110, sales
$5 $34, sales & sellers $34 $5.75, sales
$181.70, ellers
138. 10d. $4.80, sales & s llers
$50 $52), buyers $50 $50), sales $20 | $32, sales £10 $54
$37 $374, sales & buyers
$1094, sales
CHATER & VERNON, Share Brokers.
Quotations are:-
Hongkong and Shanghai Banking Corporation. -180 per cent. prem.
Bank of China, Japan, and The Straits, Limited. --Nominal.
Bank of China, Japan, and The Straits, Limited, Founders.-Nominal.
National Bank of China, Ld., A.—$30. National Bank of China, Ld., B.-Nomical. National Bank of China, Ld., Founders.-Nom. Shanghai Tugboat Co., Ld.--Tls. 130 per sh. Indo-China Steam N. Co., Ld.-Tls. 40 per sh. China Mutual S. N. Co.-Tls. 50 per share. Taku Tug & Lighter Co., Ld.-T. Tls. 68 per sh. Hongkong, Canton and Macao Steamboat Co. -331 per share.
Douglas Steamship Co., Ld.-$50 per share. Boyd & Co., Ld., Founders.-Tls. 300 per share. Boyd & Co., Limited.-Tls. 155 per share. S. C. Farnham & Co.-Tls. 145 per share. Hongkong and Whampoa Dock Co., Id.-100 per- cent. premium.
China Traders' Insurance Co., Ld.—366} per sh. North China Insurance Co., Ld.-Tis. 195 per share.
İ
Union Ins. Society of Canton, Ld.--$162) per share.
Yangtze Insce. Assocn., Ld.-$921 per share. Canton Insurance Office, Ld.--$159 per share. Straits Insurance Co., Limited.-$18 per share. Hongkong Fire Insurance Co., Ld.-198 sh.
per China Fire Insurance Co., Ld.-$85 per share. Shanghai & Hongkew Wharf Co.-Tls. 2971 per share.
Birt's Wharf Hide-curing and Wool-cleaning Company.-Tls. 50 per share.
Hongkong and Kowloon Wharf and Godown Company, Limited.-$40 per share.
Sheridan Consolidated Mining and Milling
Company, Limited.-Tle. 4 per share.
Punjom Mining Co., Ld.-$6 per share, Punjom Mining Co., Ld., pref. shares-$1.80 share!
per
per
Jelebu Mining & Trading Co., Ld.-$3 per sh. Raub Australian Gold Min. Co., Ld.-$44 per sh. Shanghai Cargo Boat Co.-Tls. 142 per share. Co-operative Cargo Boat Co.-Tls. 130 per sh. Shanghai Gas Co.-Tls. 215 per share. Hongkong Electric Co., Ld.-$5 per sbare. Shanghai Waterworks Co., Ld.-Tls. 175 D. sh. Perak Sugar Cultivation Co., Id.—','ls. 29 j. ab, China Sugar Refining Co., Ld.—3405 per sh. Luzon Sugar Refining Co., Ld.-$45 per share. Hall & Holtz, Ld.-$20 per share.
Shanghai Land Investment Co., Ld.-Tis. 37
share!
Hongkong Land Invest. & A. Co., Ld.—$50‡ per
share.
J. Llewellyn & Co., Limited.-$40 per share. Shanghai Horse Bazaar Co., Ld.-T. 48 per sh. Major Brothers, Limited.-Tls. 20 per share. Shanghai Sumatra Tobacco Co.-Tīs. 550
P. sh. Shanghai Langkat Tobacco Co., Ld.-Tls. 122} per share.
'Shanghai Langkat Tobacco Co., Ld., Founders.
SHANGHAI, 7th June- -(From Messra. J. P Bisset & Co.'s report.)—Banks.~Hongkong and Shanghai Banking Corporation.-The market has placed on the 3rd at 180 per cent. premium for cash been dragging during the week. Shares were and 190 per cent. premium for delivery on 31st August. Shares are offering in Hongkong at 180 per cent. premium. The London rate is 244. The market closea weak at 180 per cent. premium. National Bank of China shures are weaker, with sellers at $30. The Bank of China and Japan, Limited, began business in London on the lat April last. In lieu of shares in the old Bank, 199,875 ordinary shares in the new Bank, of £8-Nominal. each, and credited with 5 skillings as paid up, will be issued to those holders of shares in the old Bank who have paid the call of £1; and 1,250 deferred shares of £1 each, credited as fully paid up, will be issued in lieu of the Founders' shares. MINING. Punjoms in the early part of the There will also be 39,950 new preference shares week changed hands at $6.25 and $6, but on issued, with 25 paid up. A call of 15 shillings on receipt of the result of the first cleaning up by the ordinary shares was due here on the 30th April. the cyanide process (6 oz. to 128 tons treated); hands at Tls. 130, and Indo-China
Shipping-Shanghai Tug Boatsbares have changed
S. N the stock weakened to $5.75, at which rate shares bave been placed at Tla. 40 cash, shares are obtainable. Shareholders are much T. 42 for 30th June, and Tls. 43 for 31st July, disappointed at the miserable result of the Docks.-Shares in S. C. Farnham & Co. have been cyanide process, and are impatiently awaiting placed at Tls.140 to Tls, 145. Marine Insurance.—— the manager's promised explanation by Business has been done in:-North-China at Tls.tures. letter.
198, Unions at $162), Yangtszes at 392), Cantons,
REFINERIES—A small sale of Chinas has been effected at $110, but shares are obtainable at $108. Luzons continue neglected.
Shanghai Ice Company-Tls. 117 per share. A. S. Watson & Co., Limited.-$94 per share. L'Hotel des Colonies-Tls. 20.
Bell's Asbestos Eastern Agency, Ld.-£1. Bell's Asbestos Eastern Agency, Ld.-$9.50. China Merchants' Steam Navigation Company Debentures.-Nominal.
Lyceum Theatre Debentures.-'Cls. 12. Chinese Imp. Gov. Loan, 1886, E.-Tls. 251† (a). Shanghai Municipal Debentures.-Nominal. Shanghai Land Investment Company Deben- tures.-Tls. 100 (a).
Shanghai Land Investment Company Deben-
Tls. 93.
(a) Exclusive of accrued interest.