August 13–1896.] ́ ̈
ISE JOINT STOCK SHARES. HONGKONG, 12th August.-The market has ruled in a somewhat unsettled state during the week under review and, although orders were fairly plentiful, actual business (both buying and selling) has been difficult to negotiate at ruling rates.
BANKS.-Hongkong and Shanghais in the early, part of the week changed hands at 194 and later at 1934, 193, 192, and 191 per cent. prem., | closing with sellers at the last rate; a few forward transactions chiefly for October and November at about equivalent rates are reported. Nationals continue on offer at $28 without finding buyers.
MARINE INSURANCES.-An order from the North for a fair number of shares suddenly caused China Traders to rise and sales were effected at $79, $794, and 880, and we hear of an offer of $804. Unions, Cantons, and all other Marines have ruled neglected with some small sales at quotations.
FIRE INSURANCES.-Hongkong Fires, after further small sales at $330 and $331, were jumped to $335, at which rate a few shares changed hands: at time of writing shares are obtainable at $334. Chinas have been
very
quiet with sellers at $95 and small sales for
cash.
SHIPPING.-Hongkong, Canton, and Macaos have been in fair demand at increasing rates and we have to report sales at $324, 533, $334, and $33, market closing with buyers at 8334 and sellers at $33. Indo-Chinas have con- tinned quiet and more or less neglected on the downward grade, shares offered at $51 and $50 failing to find buyers, although shares changed hands in Shanghai at these rates; at time of writing the market seems a little steadier with sales and buyers at $50. Douglases have ruled quiet with a few sales at 8641 and $65, closing China and with buyers at the latter rate. Manilas have been pretty freely offered at $72 and $71, but no buyers come forward, and this notwithstanding that Hongkong has at length been declared a clean port by the authorities and the vexations quarantine regulations at Manila will now in all probability be with- drawn. China Mutuals continue on offer in small lots without meeting with buyers.
REFINERIES-China Sugars have ruled mach firmer, buyers offering $106, $107, 8108, and $109, without bringing out any shares; at time of writing shares could probably be placed at the last rate. Luzons have declined to $66 with sales and have ruled weak at that rate all the week; shares are still obtainable at the rate.
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MINING. Punjoms have continued very quiet pending the result of the Cyanide clean up, which is not yet in small sales at $14 and 8144 is all we have to report. Raubs could be placed in fair lots at $54, but we have heard of no sales and the rate must be quoted higher i.e., $5.35. Balmorals and Olivers appear to have quite fallen out of the market; we have heard of no transactions in them for some weeks. Jelebus have ruled neglected and quiet with no sales.
CHINA OVERLAND TRADE REPORT.
MISCELLANEOUS.-A. S. Watsons have been enquired for at $12.50, but holders ask $13, and we have heard of no sales. Electrics have been in some demand and have changed hands at $6.80, $6.85, and $6.95, closing steady. Ropes have been negotiated at $125 and Fenwicks at $27 and 827).
Closing quotations are as follow:--
COMPANY. [PAID UP.}
Banks-
Hongkong & S'hai... China & Japan, prf. Do. ordinary... Do, deferred...! Natl. Bunk of Chinaj
B. Shares .. Bell's Asbestos E. A....
Founders Shares.....
Brown & Co., H. G. Campbell, Moore & Co..
Carmichael & Co. China Sugar Dakin, Cruicks'k & Co. Dairy Farm Co.... Fenwick & Co., Geo. .... Green Island Cement.... H. & China Bakery Hongkong & C. Gas H. H. L Tramways Hongkong Electric Hongkong Hotel Hongkong Ice
H. & K. Wharf & G... Hongkong Rope.... 11. & W. Dock Insurances-
Canton.... China Fire China Traders'
Hongkong Fire North-China Straits Union Yangtsze..
Land and Building-
H. Land Investiment. Humphreys Estate.... Kowloon Land & B West Point Building Luzon Sugar Mining-
Charbonnages. Jelebu New Balmoral Oliver's Mines, A. Do. B.
Punjom Do. Rauls Steamship Coys.-
China and Manila China Mutual Ord... Preference...
Preference..
Do.
Douglas S. S. Co. H., Canton and M... Indo-China S. N. Wanchai Warel'se Co. Watson & Co., A. S ...
QUOTATIONS.
[$363.75, sales $125 191 p. ct. prem.=
£5 nominal £1 10s. nominal
£1 £2, buyers-
£8
131
and Hongkew Wharf shares have changed hande at Tla. 125 and T. 124. Hongkong, and Kow loon Wharf and Godown shares are wanted i Hongkong at $541. Mining-Punjom Mining shares were laced to Hongkong at S14, and Raub Australian G. M. sliares at $54. Cargo Boats.- The Shanghai Cargo Boat Co. paid an interim: dividend of 7 per cent. on the 5th instant, and the Cooperative Co. paid a similar dividend of 5 per cent. on the same date. Sugars.—Perak Sugar Cultivation shares were placed, and are offering, at Tls. 41. China Sugar Refining shares were sold at $105 cash, and $108 for delivery on the 31st current. I ands.-Shanghai Land Invest- ment shares changed hands at Tls. 78. Hong- kong Land Investment shares are wanted at 11s. 74. Industrial.-Major Bros. shares were placed at Tls. 42), and Ewo Cotton S. & W. shares at Tis. 85. Miscellaneous-Shanghai Gas Co.-The new shares bave been issue. Shares have been sold at Tls. 206. Shanghai-Sumatra Tobacco shares have been placed at T's. 95 cash and Tls. 97 for the 31st current, and Shangbai-Langkat shares at Tls. 600. The shareholders in this Company have resolved to increase the capital to Tls. 400,000 in $27), sales & sellers | 4,000 shares at Tls. 10 each. Of these 400 will be given to the holders of the 10 Founders' quares, which will be cancelled. Only 3,980 shares will be issued, the registered owner of each share receiving a new share at Tis. 100. Hall & Holtz shares have been in demand, and have been placed at $35 to $37).
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$28, sellers £1 $100 15s. $7, sellers $50 $6, seller $10 $6
$8
$100 $96
$20
$100
$5
$108, buyers $1, Luyers
$10
$5
$25
$10
$171, sales
$50 $30
£10 $110, buyers
$6.95, buyers
$50 $30 sales & sellers
$25
$50
$106. $55 sales & sellers
$50 $125, sales
$125 1934 pct. prem
$50
$50
$25
[$366.874, sales
$200, sellers
$93, sales & sellers
801, sales & buyers
$50 $384, sellers
£25 Tls 190, sellers
$20 $27, buyers
$25
$60 $145
$235, seller's
850 $78, sales
$10
$30
$9, sales & sellars $17
$40 $18
$100 $66, sales & sellers
Fes. 500 72)
$5 $2.90
43 12.50, sellers $5 $7, sellers $24 $3.50, sellers $414.25, sales $1 83.70
13s. 10. $5.35
$50 $71, sellers
£5
£3, sellers
£10
£8 10, sales & sellers
$50
$65, sales & buyers
$15
$33.60, sul. & sellers
£10
$504, sales & sellers
$37) $45, sellers
$10 $12.50. sal. & buyers CHATER & VERNON, Share Brokers.
National Bank shares are
offering at $281. There is no business to report in Bank of China and Japan shares. Shipping- Inclo-China S. N. Co. shares have been placed at
SHANGHAI, 7th August.—(From Messrs. J. P. Bisset & Co.'s raport.)-Ban' s.- -Hongkong and DOCKS, WHarves, and GODOWNS.-Hong-Shanghai Banking Corporation.-Shares have kong and Whampoa Docks after ruling steady been in demand during the week, an business for the greater part of the week have eased up
Las been done at 190 to 192 per cent. premium a little and sales have been effected at 1934 per
for cash, and to Hongkong at 19 to 194 per cent cent. prem. for cash. On time shares have premium. On time, shares were sold at 194 for changed hands at 195 and 1944 for 31st inst., August delivery, and at 195 for delivery on the 200 for 31st December, and 204 for 28th th Septemb r. February. Market close quiet at quotation. The Company has received a telegram from the Admiralty informing them that the new proposed Admiralty dock, concerning which negotiations have been going on for some months, will not be required. Kowloon Wharves, after publication of the intention to pay a half-yearly dividend of 5 per cent. (per annum), have gone out of favour and offers to sell at $55 and $54) have met with no response. Wanchais have been quiet with sellers at $45 and no sales.
LANDS, HOTELS, AND BUILDINGS.-Houg kong Lands have further improved their posi- tion with sales at $75 and $751, closing with probable sellers at the former rate. Hotels after sales at $29 and $30 continue on offer at the latter rate. West Points have ruled firmer and $18 would probably be paid for shares if any were forthcoming. Humphreys have changed ́hands at 89 and close with sellers at that rate.
Tis. 37 cash and Tls. 38 for delivery on the 31st current. There are cash sellers at Tls. 37. China Mutual Ordinary shares, with £5 paid up, are offering. Docke.-On account of anticipated oposition, shares in S. C. Farnham & Co. bave been sold at Tis, 200, and there are shares offering at Tis, 202 for the en 1 of August. The prospectus of the Shanghai Engineering Ship-Building and Dock Co., Ltd. has been issued. The capital is Tle. 750,000 in 7,500 shares of Tis. 100 each, of which 200 will be Founders' shares. The share
list for Shanghai will close on the 17th current, and on the 25th for the outports. Marine In- surance.-North China Insurance shares have been parted with at Tls. 190 Yangiezes have been sold at $142 and $145 for cash. A number of Straits Insurance shares have been placed to Hongkong at $27, and locally at the same rate. Fire Insurance.-There is no business reported Chinas are, wanted at $9k. Wbarves.-Shanghai
TONNAGE.
HONGKONG, 12th August.-During the first half of the period under review business was almost stag- nant, but in the last week or so trade seems to have revived somewhat and several settlements have been
To
effected. From Saigon to Hongkong, although there is still hardly any enquiry, rates seem inclined to advance and one fixture at 64 cents is reported. To Sourabaya, two medium-sized steamers have been fixed at 17 cents, but there does not seem to be much further enquiry. From Bangkok there is no en- quiry for tonnage. Japan coal freights have been fairly active, but rates remain very poor. Hongkong the rate has declined to $1.10 and further tonnage is obtainable at this rate. To Singapore the rate remains at $1.75 From Moji to Saigon one charter has been effected at $2.35 From Iloilo to this there has been some enquiry and tonnage has been offered at 11 cents. From Newchwang to Can- ton there is nothing doing. In sailing tonnage there is nothing fresh to report for New York loadingt but for San Francisco a part cargo has been fixed a, a very good rate.
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There are six vessels disengaged in port, register- ing 7,172 tons.
The following are the settlements:-
Sulej-British ship, 1,672 tons, Hongkong to San Francisco, 1,500 tons, gold $5,000.
Foohng Suey-Hawaiian barque, 1,036 tons, Hong- kong to Callao, £1,300.
Ariake Maru-Japanese steamer, 1,905 tons, Moji to Hongkong, $1.10 per ton.
Kachidate Maru-Japanese steaner, 2,093 tons, Moji to Hongkong, $1.10 per ton.
Shirley British steamer, 1,889 tons, Moji to Sin- gapore, $1.75 per ton.
Glenorchy-British steamer, 1,892 tons, Moji to Singapore, $1 75 per tou.
Nanshan-British steamer, 1,344 tons, Moji to Sai- gon (part cargo), $2.35 per ton.
Falkenberg-German steamer, 1,175 tons, New- chwang to Amoy, $3,0.0.
Martha-German steamer, 1,560 tons, Saigon to Sourabaya, 17 cents per picul.
Orono British steamer, 1,329 tons, Saigon to Sourabaya, 17 cents per picul.
China-German steamer, 1,093 tons, Saigon to Hongkong, 64 cents per picul.
Cosmopolit German steamer, 671 tons, Iloilo.to Hongkong, $2,000.
Tancred-Norwegian steamer, 786 tons, Iloilo to Yokohama, 20 cents per picul.
Kachidate Maru-Japanese steamer, 2,093 tons, hence to Kobe and Yokohama, private terms.
Amigo-German steamer, 822 tons, monthly, 3 months, $3,600.
Clara-German steamer, 084 tons, monthly, 2/2 months, $3,600.
VESSELS ON THE BERTH. For LONDON.-Formosa (str.), Borneo (str.), (str.), Nerite (str.), Prometheus (str.);
For MARSEILLES.-Maria Rickmers (str.), Salarie (str.).
For BREMEN,Sachsen (s'r.). For VIQT BIA.Braemer (str.).
For SAN FRANCISCO.—City of Peking (str.), Socotra (str.), Sutlej (str.).
For VANCOUVER.—Dorie (str.).
For NEW YORK.-Manuel Llaguno, Charles
C