September 2, 1896.]
JY V. VERNON'S SHARE REPORT.
HONGKONG, 1st September.-The market has ruled steady and business normal during the week under review. I have nothing of any importance to report with the exception of a further substantial rise in Docks and Sugars, both of which have been in good demand with out bringing out many sellers. Market generally closes steady to firm.
BANKS.-Hongkong and Shanghais after again changing hands at 1844 per cent. prem. declined to 184, at which rate market closes strong with buyers; sales have been few and far between and the market dull. Nationals and Bank of Chinas have continued neglected with no sales at quotations.
MARINE INSURANCES.-China Traders after further sales at $80 improved to $801 and $814 with sales; very few shares, however, appear to be on the market. Other Marines have ruled dull and neglected with few if any sales at quotations.
FIRE INSURANCES.-Chinas found buyere in small lots, in the early part of the week at $95. Hongkongs have been enquired for in a small way $3324, but with no shares forth coming the rate rose to $335 with sales, which is the closing quotation.
SHIPPING.Hongkong, Canton, and Macaos have continued weak and after changing hands in fair lots at $334 are still obtamable at that rate. Sales have been effected at 344 January. Indo-Chinas have steadied a little and offers to buy at $46 have met with but a small response. The recent heavy fall in this stock is. attribu- table to the general depression at present existing in the freight market. China Manilas con- tinue unchanged and without business at 871 buyers and $72 sellers. Douglases have been in demand at $644 to $65, but I have heard of no sales and at time of writing $654 is freely offered. China Mutuals continue entirely neglected with sellers and no sales at quo. tation.
REFINERIES.-Chinas Sugars have been in good demand with sales at $116, 8117, $118, and $120, market closing strong with buyers at last rate. Luzons with shares on offer at $64 failed to manitain their position and can now be obtained at $63 after small sales at that rate. A rumour that Spain is admitting beat sugar into the country at a reduced rate of duty is chiefly responsible for the weakness.
MINING.-Punjoms have continued very quiet with small sales of Ordinaries at $14 25 and of Preferences at $3.80. The report of the Mining Manager for July was not as good as usual, and being received with some dissatis- faction, the weakness reported last week has continued. Small sales of Balmorals at $24 and of Jelebus at $2.90 comprise all else I have to report under this heading.
CHINA OVERLAND TRADE REPORT.
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sales at $6.90 and $7 are still on the market atment shares have been placed at Tle. 8, and are the latter rate. Ropes have been negotiated offering. Industrial.—Shares in Major Brothers at $125 and are wanted at the rate. Fenwicks have been placed af Tls. 41. Ewo Cotton S. & W. have ruled quieter, with no sales, at $30, with shares have been sold at T'ls. 80, and are wanted, probable sellers. I have nothing else to report
while sellers ask Tle. 85. Laou-Kung- Mow shares under this heading. The Old Dairy Farm Co.
are offering at Tls. 95. Shanghai Ice shares have has liquidated and a new Company started, changed hands at Tls. 155 Miscellaneous.
Business has been done in Shanghai-Sumatra particulars of which will be found" below.
Tobacco shares at Tls. 100 and $971, Shanghai- Closing quotations are as follow:-
Langkat Tobacco shares at Tls. 650, Shanghai PAID UP. QUOTATIONS. Horse Bazaar shares at Tis. 65, and Hall & Holtz shares at $36}. Loans. Shangbai Municipal Debentures were sold, 1893 issue at Tls. 105, and 1896 issue at Tls. 101. Perak Sugar Culti- vation Company's Debentures were placed at Tls. 101, and Lyceum Theatre Debentures át Tls. 15. Quotations are:-
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DOCKS, WHARVES, and GoDOWNS.-Hong- kong and Whampoa Docks have been in steady demand at rising rates, out with holders unwilling to part but iew shares have changed hands and I have only small sales at 185, 186, 188, 189, and 190 per cent. prem. to report. At time of writing shares are wanted at 189, but holders refuse to part nader 190. On time buyers have vainly endeavoured to secure shares for all months up to February, but beyond a few small sales at 186 for Oct. and 188 for November I have heard of no business. It has been definitely decided to send the Gaelic here for docking and repairs, and she leaves Nagasaki to-day. Wharves have continued dull at $53 without sales. Wanchais are enquired for in a small way at $45, but holders refuse to part under $46.
Banks-
COMPANY.
Hongkong & S'hai... 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., Geo.. Green Island Cement... H. & China Bakery Hongkong & C. Gas Hongkong Electric H. H. L. Tramways Hongkong Hotel Hongkong Ice
H. & K. Wharf & G... Hongkong Rope.. H. & W. Dock Insurances~~
Canton......... China Fire
[$355, buyers
$125 184 prem.
£5 nominal £1 10s. nominal
£1 £2, buyers
£8
$27, sellers
nominal
£1 $100 156.
$50 $6, seller $10 $6
$20 $8
$100 $120, sal. & buyers
$5 $1 yers $5 $5, nominal $25 $30, sellers $10
$17, buyers
$50 $30
£10 $110, buyers
$8 $7, sales & sellers
. $100
$96
$50 $291, buyers
$25 $105
$50 $53), sellers
$50 $125, buyers
$125 190 p. ct. prem.==
[$862.50, sales
$50 $195
$50 $95, sellers
China Traders'
$25
$81), sales
Hongkong Fire
$50
$335, sales |
North-China
£25
Tls. 192), sellers
Straits
$20
$27
$25
$232), sellers
Union Yangtaze
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... Ranbe
Steamship Coys.--
China and Manila China Mutual Ord... Do. Preference.... Douglas S. S. Co. H., Canton and M... Indo-China 8. N.
Wanchai Wareh'se Co. Watson & Co., A, 8 ....,
$60 $140
$50 $734, sales & buyers
$10 $0, sellers $30 $18, buyers $40 $18, sales
$100 $63, sales & sellers
Fcs. 500 72
$5 $2.90, sales $3 $2.25
$5 $7, sellers
$24 $3.50, sellers $414, sales & buyers $13.80, sales & sellers 13s. 10d. $5.35
J. Y.
$50
$71, buyers
£5
£3, sellers
£10 £8.10, sales & sellers
$50
$85, buyers
$15
$33.25, sal. & sellers
£10
$46, sales & buyers
$371 $45, buyers
$10 $13, sales & sellers V. VERNON, Broker.
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Shanghai, 28th August.—(From Messrs. J. P. Bisset & Co.'s report.)-A moderate business has been done during the week; but the heavy settle- ments for the 31st current have a tendency to cause buyers to hold aloof. Banks.-Hongkong and Shanghai Banking Corporation.-Shares have been placed locally at 184 per cent, premium for cash, and 186 per cent. premium for delivery on the 31st current, and 200 per cent, premium for delivery on the 31st January. Kowloon
To Hongkong shares have been sold at 184 and 18 per cent. shares have been sold, at £2, and are wanted. premium. Bank of China and Japan.-Deferred shipping.-Indo-China 8. N. shares have been parted with at Tls. 34. China Mutuals are neglected. Docks.—3. C. Farnham & Co. shares have changed hands at Tls. 203 to Tls. 202. Marine Insurance.-North Chinas are offering at Tla. 1291. Yaugtszes have changed hands at $142] to $110 for cash, and $145 for September and October delivery. Straits have been placed at $28 for the 30th September. Fire Insurance.- There is no business to report. Wharts.-Shang- and Hongkew Wharf shares have been dealt in at Tls. 120, and there are buyers at that price, while allers nak Tls. 122. Mining.-Sheridan sbares were sold and are wanted at Tls. 2,50.
LANDS, HOTELS, AND BUILDINGS.-Hong- kong Lands have ruled weaker with sales at $74 and $75 cash and at $77 for January, closing with buyers and no sellers at $73. Small sales of Hotels are reported at $29 and $294, market closing steady at the latter rate. West Points have changed hands in small lots at $18 and some more small parcels could probably be placed at the same rate. Kowloon Lands and Humphreys Estate have been neglected but steady at quotations,
MISCELLANEOUS Green Islands have fur- ther improved to $17 with sales. Watsons have changed hands at $12.75, $12.90, and $13, closing with sellers at last rate. Electrics with
Sugars. China Sugar Refining shares have been in demand, and business has been done at $114 and $115 for cash, and to Hongkougat $118 for the 30th proximo. Lands.-Shanghai Land Invest-
Hongkong and Shanghai Banking Corporation.
-$356).
National Bank of China, Ld.—§28.
National Bank of China, Id., Founders.—$115. Bank of China, Japan, and The Straits, Limited,
pref. shares.-Nominal.
Bank of China, Japan, and The Straits, Limited,
ordinary shares.-Nominal.
Bank of China, Japan, and The Straits, Limited,
deferred shares.—£2.
Indo-China Steam N. Co., Ld.-Tla. 34.
China-Mutual Steam Nav. Co. pref. shares.---
£8.5.0.
China-Mutual Steam Nav. Co. ord. shares.--
£3 18. 6d.
Hongkong, Canton and Macao Steamboat Co.
-$83
Douglas Steamship Co., Ld.—365).
Royd & Co., Ld., Founders.--Tls. Nominal. Boyd & Co., Limited.Tls. 200.
S. C. Farnham & Co.-Tls, 202.
Hongkong and Whampoa Dock Co., Ld.—$365, China Traders' Insurance Co., Ld.—$80}.
North China Insurance Co., Ld.—Tls. 192}.
Union Insurance Society of Canton, Ld.—5?364. Yangtsze Insce. Assocn., Ld.-$140.
Canton Insurance Office, Ld.~$193.
Straits Insurance Co., Ld.—$271.·
Hongkong Fire Insurance Co., Ld.—$3281. China Fire Insurance Co., Ld.—$95.
Shanghai & Hongkew Wharf Co.-Tls, 120.
Birt's Wharf Hide-curing aud Wool-cleaning.
Company.-Tla. 55.
Hongkong and Kowloon Wharf and Golewn
Company, Limited.—$54.
!
Sheridan Consolidated Mining and Milling
Company, Limited.—Tr. 24.
Punjom Mining Co., Ld.—$14.
Punjom Mining Co., Ld., pref. shares.—$3.90. Juleba Mining & Trading Co., Ld.—$3. Raub Australian Gold Min. Co,, Ld.~$54. Shan rai Tugbeat Co., Ld.-Tis. 215.
Taku Tug & Lighter Co., Ld.—T. Tīs, 103. Shanghai Cargo Boat Co.-Tls. 20J. Co-operative Cargo Boat Co.-Tls. 180. Perak Sugar Cultivation Có., Ld.—Tis. 43. China Sugar Refining Co., Ld.—$115.
Luzon Sugar Refining Co.. Ld.-$63}.
Shanghai Land Investment Co., Ld. (fully paid).
-') is. 80.
Shanghai Land Investiment Co., Ld. (Tis. 30 paid).
-Tls. 58.
Hongkong Land Invest. & A. Co, Ld.—$73j.. Kowloon Land & Building Co., Ld.—$18). Humphreys Estate and Finance Co., Ld.—$91. Major Brothers, Limited.-TIs. 41}. Ewo Cotton Spinning & W. Co., Ld.—Tls. 80, International Cotton Man. Co., Ld.—Tis. 971. Laou-kung-mow Cotton Spinning and Weaving
Co., Lu.—T'ls. 95.
Soy Chee Cotton Spinning Co., Ld.—Tis. 400. Shanghai Ice Company-Tle. 150. Shanghai Gas Co.—Tis. 210.
Shanghai Waterworks Co., Ld.-Tls. 251.
Shanghai Sumatra Tobacco Co.-Tls. 971. Shanghai Langkat Tobacco Co., Ld.-Tis. 660. Shanghai Langkat Tobacco Co., Ld., Founders.
-Nominal.
Shanghai Horse Bazaar Co., Ld.—Tls. 65, J. Llewellyn & Co., Limited.—$45. Hall & Holtz, Ld.~836),
A. S. Watson Co., Limited.—$12. Bell's Asbestos Eastern Agency, Ld →$8. Hongkong Electric Co., Ld.—$7.
CLOSING QUOTATIONS.
TUESDAY, 1st September. EXCHANGE.
2/14 2/14
2/111
2/2
ON LONDON.—
Telegraphic Transfer Bank Bills, on demand. Bank Bills, at 30 days' sight Bank Bills at 4 months sight.2/1 Credits, at 4 months" sight⠀| Documentary Bills; 4 months sight 2/2
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