July 30, 1896.1
China Traders are in a small request at $781, aro obtainable at $79. Straits with per- istente sellers from the North have again de- clined to $27.
Fieb InsuraNCES. Both Hongkongs and Chinas have been weakish and have changed. -hand at 83321, $330, and $331 for the former and at $95 and $95 for the latter, market glosing with sellers at $332 and $95 respec- tively.
SHIPPING.-Hongkong, Canton, and Macaos, after issue of their report have slightly im. proved and offers to buy at $334 and $334 have met with no response. A few shares are, how. ever, obtainable at 834: The report just issued is a good one, recommending a dividend of 8 per cent. for the half-year (against 6 for last half-year) and carrying forward $47,000 odd (against $5,000 odd for last half-year). This good result has been obtained after an expend- iture for extraordinary repairs to the 8.8. Honam. Douglases have continued quiet with small sales at 8654 and $66, market closing steady at $663. Indo-Chinas with shares still offering from the North have weakened further without sales to $53, at which rate shares are now obtainable. Both China-Manilas and China Mutuals are weak without business at quotations,
REFINERIES-China Sugars have been neglected and weak at quotations and sales have been made as low as $106. Luzons after further transfers at 867 close quiet with sellers at that rate.
· MINING.-Punjoms have.continued to rule steady with small sales at $141 and $14, closing steady at the former rate. The Manager's report, which may be seen in the Daily Press of this date, shows a very promising outlook and if the Management increases the number of stampers, us we believe they contemplate doing, the prospects of the Company should be brighter than they have ever yet been. Other Mining stocks neglected with little or business at quotations.
no
per
CHINA OVERLAND TRADE REPORT.
of $75,000, of which $50,000 is to be considered paid; old shareholders to get one new share for every old share, on which $5 is considered as paid up and $2.50 to be called up in easy instalments.
Closing quotations are as follows :-
COMPANY. (PAID UP. QUOTATIONS.
[$365 sal.& sellers $125 192 p. ct. prem.-
nomínal
Banks-
Hongkong & 8'lini... China & Japan, prf. Do. ordinary... Do. deferred Natl. Bank of China!
B. Shares ... Founders Shares..
Bell's Asbestos E, A... Brown & Co., H. G. Campbell, Moore & Co. Carmichael & Co. China Sugar
Dakin, Cruicks❜k & Co.' Dairy Farm Co.. Fenwick & Co., Gen. ... Green Island Cement..... II. & China Bakery Hongkong & C. Gas Hongkong Electric H. H. L. Tranıways Hongkong Hotel Hongkong Ice
|
H. & K. Wharf & G... Hongkong Rope........ H: & W. Dock Insurances-
Canton.... China Fire.. China Traders'
Hongkong Fire North-China Straits Union Yangtsze.. Land and Building-
H. Land Investment. Humphreys Estate...... Kowloon Land & B. West Point Building Luzon Sugar Mining-
Charbonnages Jelebu
New Balmoral Oliver's Mines, A. Do. B. Punjom
Do. Preference.... Rauls
China and Manila.. China Mutual Ord...
Do. Preference... Douglas S. 8. Co. H., Canton and M... Indo-China S. N. Wanchai Wareli'se Co. Watson & Co., A. S
CHATER &
DOCKS, WHARVES, AND GODOWNS.-Hong kong and Whampoa Docks ruled steady during the early part of the week, a fair number of shares changing hands at 187, 190, and 191 cent. prem. and at 190 and 191 for August. At time of writing market closes firm with buyers at 191. At the ordinary meeting of Directors held, on the 27th it was practically decided, subject 'to audit and the confirmation of the shareholders at the half-yearly meeting to be held in August, Steamship Coys.— to appropriate the profits of the half-year ending 30th June-which amount to the handsome sum of $623,547~ds follows :--A dividend and bonus of 12 per cent., $200,000 to reserve (mak- ing the fund $400,000), $20,000 to contributing shareholders, to write off $51,500, and to carry forward $157,000 to the new account. With this marvellous result of the half-year's working and when the large amount carried forward, the substantial reserve, the freedom from debt (except the Admiralty loan), and the promise of a good business for the current half year, are taken into consideration, the payment of another 12 per cent. dividend for the half year ending 31st December is pretty well assured. In fact it is an open secret that in the ordinary course of events the directors are in favour of such a payment. The present price of the stock will under these circums- tances give a return of $14.15 per cent. per annum for the next 7 months ending 15th March, when the next dividend will be about due, and we believe we are quite safe in saying that afterwards the Company will pay a steady dividend of at least 16 per cent. per annum. Wharves (Kowloon) have been quiet with small sales at $534 and sellers at $54. Wanchais unchanged without busi-
ness.
£5
£1 108.nominal
£1 £2, buyers
£8
$29, sellers
£1
$100
158. $7, sellers $50 . $6, seller
$10 180
$20 $8
$100
$106, rales
$5
$1, buyers
$10
$5
$25
$27, sales & sellers
$10 $171, sales
$50 $30
£10 $110, buyers
$8
$6.75, buyers
$100
$96
$50 $28), les
$25
$50
$50
$106, ex. div. $53, sal. & buyers $126, sellers
$125
191 p. ct. prem.== [$363.75, sales $50 $200, sellers $50 $95, sellers
$78), sales & buyers $331, buyers
£25 Tls. 195, sellers
$25
$50
$20
$27, sellers
$25
$235, sellers
$60
$148), sales
[& buyers $50 $73, ex. div. sales $10 $9, şellers $30 $17 $40 $18
$100 $67, sales & sellers
Fcs. 500 72)
$5 $2.90, sales $3 $250, sellers $5 $7, sellers $24 $350, sellers $4 $11.95, sales
$1
138. 10d. $5.35
$3.70, sales
$50
$78, sellers
£5
£3, sellers
£10
£8 10, sales & sellers
$50
$65.50, sellers
$15
$34, males & sellers
£10
$53, sellers
$37 $46
$10 $12.50.. & sellers VERNON, Share Brokers.
and $53 to Hongkong The Hongkon tion is now $54 with sellers Australian Gold Mining shares hat and Lighter shares have been sold at at $5.50. Tugs and Cargo
cum the interim dividend of 7 per cent yesterday. Sugars.Business has been confined to Perak Sugar Cultivation shares at Tls, 44 and Tls. 43. China Sugar Refining shares are offering from Hongkong. at $111. Lands.
Land Investment shares, with Tis. 60 paid up, and carrying dividend on Tls. 80, wera fold at Tls. 80. The dividend of 4 per cent, was paid on the 20th instant. Hongkong Land Investment aliares are offering at $73, cum the interim dividend of per cent. due on the 27th current. Judustrial.-Ewo Cotton shares changed hands at Tls. 87.
Miscellaneous-Shanghai-Sumatra Tobacco shares were sold at Tls. 924 and Tls 91, and Shanghai-Langkat Tobacco shares at F'ls. 605/600 casu, Tls: 650 for the 31st current Tls. 650 for September, Tls. 650 and Tls. 700 for December, and Tls. 750 for March.
Shanghai, 24th July—(From Messrs. I, P. Bisset & Co.'s report.)-Business has not been very brisk during the week, but Hongkong and Shanghai Bank shares have improved since the result of the half year's working has been made public. Banks-Hongkong and Shanghai Ban- king Corporation.-Business was done on the 17th at 183 per cent. premium, but shares have since Shares are wanted at these rates at the close, been placed at 185 locally and 187 to Hongkong. with no sellers unless at higher prices. National Bank-shares are offering at $284. There is no change in Bank of China shares. Shipping There is no business reported under this head. Indo-China S, N. shares are weak, with sellers. Hongkong, Canton and Macao Steamboat shares are wanted a $33). Douglas Steamship shares are offering, in Hongkong, at $66. Docks.-Boyd & Co., Ltd.-Sharis have been in demand, and sales are reported at Tls. 2071, Tis, 210, and Tls. 212), ccm dividend. Shares in .S C.Farnham & Co have Marine
LANDS, HOTELS, AND BUILDINGS.-Hong-been sold at Tis. 210, and are offering. kong Lands have changed hands at $75 cam dividend and are wanted at $73 ex dividend. Hotels have further improved with sales at $281. West Points remain unchanged and
Insurance.-Chiun Traders shares have been
neglected
placed at $79. North China shares were placed at Tls. 195, but were afterwards forced off at
TONNAGE.
HONGKONG, 29th July. Our freight market con- tinues depressed and the demand for coastwise ton- nage remains very limited. From Saigon two or three charters for Jaya at low rates have been effected, but for Hongkong there is no enquiry for ton- nage. Bangkok to this steamers are not wanted and there does not appear Java to this tonnage is to be enough cargo for the regular liners. not wanted. Japan coal freights: Two settlements Moji to this are reported at $1.20 and tonnage has been offered at a slightly lower figure. Moji to Sin- gapore may be quoted at $1.75 and at this figure further business may be done. From Newchwang. to Canton nothing has been done and there seems to be little or no enquiry. In sail freights there has not been much doing, vessels not being much in de mand for New York, while for San Francisco char- terers remain unable to offer sufficient inducement for a ship to face the loading. For Callão a small ship has been fixed at a fair rate.
Tls. 1924. Yangtze stars have been the medium of business at $145 to Hongkong, and~| locally at $140 for cash, $140 to 142) for August, MISCELLANEOUS. Green Islands have and $147 for September. Straits shares were changed hands at $14, Watsons at $12.50 in sold at $26.75 for cash. Fire Insurance.-Hong- air lots, Electrics at $6.75, and Campbell and kongs are offering at $335. Chinas have changed
Loores at $6. The Dairy Farm Co., at a meet-hands at 396 and $7 for 31st July.
shareholders held on the 6th inst., and Shanghai & Hongkew Wharf shares have been confirmed on the 28th inst., decided to recon- placed at Tis. 125. Hongkong & Kowloon Wharf struct on the following scheme:-A capital and Godown shares have been sold at $52 locally
$
Wharfs.
There are four vessels disengaged in port, register ing 6,406 tons.
The following are the settlements:-. Savona-British ship, 1,583 tons, proceeds to Manila under orders from owners.
Sonora Norwegian harque, 553 tons, Hongkong to Callao, £1,400.
Sullberg-Norwegian steamer, Moji to Hongkong, $1.25 per ton
Amara-British steamer, 1,566 tons, Mojito Hongkong, $1.20 per ton.
Onsang-British steamer, 1,787 tong, Moji to Hongkong, $1.20 per ton.
Gloucester City-British steamer, 1,409. tons, Moji to Singapore, $1.75 per ton.
Benlarig-British steamer, 1,453 tons, Hongay to Wuhu, $1 75 per ton.
Argyll British steamer, 1,886 tons, Takao to Yokohama (part cargo), 14 cents per picul.
Wuhu-British steamer, 1,250 tons, Saigon to Sourabaya (part cargo), 17 cents per picul.
Shantung British steamer, 1,835 tons, Saigon to Sourabaya (part cargo), 18 cents per pical.
Vorwerts German steamer, 643 tons, Saigon, Iloilo, Cebu, Hongkong, 20 cents per picul.
Chusan-German steamer, 719 tons, Saigon, Iloilo, Hongkong, $5,100.
Shelley-British steamer, 1,267 tons, hence to Sai- gon, thence to Singapore back to Saigon and thence to Sourabaya, private terms.
Siam-British steamer, 992 tons, Iloilo to Hong- kong, 11 cents per picul.
Amigo German steamer, 822 tous, Mantung to Penang, 20 cents per picul.
Martha-German steamer, 1,560 tons, Mantang to Singapore, $4,200.
Hupek-British steamer, 1,846 tons, hence to Pacific Coast and back, private terms.
Donar-German steamer, 1,202 tons, hence Mauritius and back, monthly, $4,600.
Telartos-German steamer, 1,575 tons monthly, 6 months, private terms.
Picciola German sleamer, 875 tons, monthly, months, private terms.
}
VESSELS ON THE BERTH. For LONDON-Monmouthshire (str.), Sunda (str,),
Borneo (str.), Bengloe (str.), Orestes (str.), Euplec- tela (str.).
For MARSEILLES.—Maria Rickmers (str.). Ernest Simons (str.),
For BREMEN,Sachsen (str.). For: HAVRE-Oceană (str.).
For VICTORÍA:Olympia (str.), Hupel (str.) For SAN FRANCISCO.City of Rio de Janeiro (str.), Socotra (str.), Gaelic (str.):23
For VANCOUVER. -Empress of China (str.),