.514
..167 ..1671
220 1897
lls, on demand
2.67
months' sight
ON GERMANY:
On demand
$2.16
ON NEW YORK.
Bank Bills, on demand” ·
Credits 60 days' sight -
.53
ON BOMBAY
S
Telegraphic Transfer.
Bank, on demand
ON CALCUTTA. **
Telegraphic Transfer
Bank, on demand.
ON SHANGHAI,
Bank, at sight
.724
Private, 30 days' sight..
731
ON YOKOHAMA -
On demand
.1% pm.
ON MANILA.
On demand
ON SINGAPORE.—
On demand
1% pm. ..9.30 ..48.30
SOVEREIGNS Bank's Buying Rate GOLD LEAF, 100 fine, për tael
.167
1674
.7% pm.
JOINT STOCK SHARES HONGKONG, January 19th, 1897-The mar- ket has continued fairly active with a fair amount of business, at, in most most cases, advanced rates. The Land Investment Co. and the West Point Building Co. have issued their reports, both of which have been well received and some particulars of which will be found under the heading of "Lands, Hotels, and Buildings."
BANKS.-Hongkong and Shanghais, with the publication in the local papers of the result of the half year's working—i.e. 25/div., $500,000 to reserve, and $300,000 carried forward-have ruled firm and have changed hands at 184 and 1841 cash and for settlements. A few time transactions chiefly for March have also been effected at proportionate rates for the North. Market closes steady at 184 per cent. prem., at which rate the dividend of 25/ ex. 2/14 gives a return of close on 63 per cent. Latest London quotation is £43.10 Nationals and Bank of Chinas have ruled neglected.
1
CHINA OVERLAND TRADE REPORT
MARINE INSURANCE.-China Traders, have been in good demand and have changed hands at $74, and $75.. Unions have ruled very firm with sales at $225, $230, $252, and $235, closing at last rate. Cantons have been enquired for at a rate lower than the quoted one, but holders do not appear inclined to part at anything under $177, and even at that rate but few shares would be available; no sales have been reported and market closes steady. Straits have declined further to $254 with small sales. North Chinas continue more or less out of the market, but Yangtazes have been enquired for and the rate has risen to $146 after small sales at $144 and $145.
FIRE INSURANCE.-The market has ruled firm and a fair business have been put through, chiefly in Hongkongs, which after sales at $365 have gradually improved to $370 with a fairly large business at that and intermediate rates, market closing very firm at $370. China Fires have ruled steady to strong with sales at $103 and 8104 and close in demand at that rate.
but little business, but rates in some cases have improved. Punjoms which in the early part of the week changed hands at $10 and $10 are now steady at $11, and preferences at $3.25 with sales; the result of the December Cyanide clean up of 285 oz. of £1 11s. gold brings the total winnings for December to about 450 oz. of bullion. Charbonnages could be placed at 875,but no shares are forthcoming. Balmerals with sales at $1.40 and $1.50 close at the former rate. Jelebus have changed hands at $2.20 and $2.25, closing at $2.25. Raubs during the early part of the week ruled somewhat quiet with small sales at $9 and $9.25; at time of writing, however, they are firmer and a demand from the Straits at $9.50 to $9.75 appears to foresha dow the news of a good crushing, the time for which is about due. Olivers continue neglected and without business.
+
DOCKS, WHARVES, and GoDOWNS.-The market has been active at advancing rates and some inportant business has been transacted in the first named stock. Hongkong and Whampoa Docks, with further buyers and ho sellers at 216 per cent. prem., advanced grad. ually to 220 per cent. prem. after sales at 217, 218, and 219 cash and at 220 for delivery 31st inst. On time shares were placed in the early. part of the week at 220 and 222 for March and at 226 and 228 for June. At time of writing, however, time shares are not obtain- able under an advance of two or three points over these rates. It is generally understood that last half year's earnings will come very near to those of the previous record six months, but the report is not yet published and nothing | is definitely known. Hongkong and Kowloon Wharves have continued quiet and weakish with small sales at $584 cash and $59 for delivery 31st inst.; at time of writing the market looks a little firmer with buyers at $59. Wanchai Godowns remain unchanged and without busi- ness at quotation.
SHIPPING. Hongkong, Canton, and Macaos continue weak and dull with very small sales at $324 and $324, shares being on offer at the latter rate without finding buyers, and an offer at 832 would doubtless find sellers. No definite news has been received about the settlement of the northern pool agreement, which accounts for the weakness. Indo-Chinas continue steady to strong at $40) to $41, which in view of the above appears somewhat anomalous. Sales have been effected at $404 and market closes steady to strong. Douglases have changed hands at 361 and close firm. China Manilas have been enquired for, but at rates not sufficiently tempt ing to holders, who do not appear willing to part under 867 to $68. China Mutuals remain unchanged without business.
|
Closing quotations ar
Com
Banks
Hongkong & Shai China & Japan,
Do. ordinary Do. deferred Natl. Bank of China
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 Laland Cement... H. & China Bakery... Hongkong & C. Gas ... Hongkong Electric H. H. L. Tramways. Hongkong Hotel........ Hongkong Joe
LANDS, HOTELS AND BUILDINGS.-Hong- kong Lands continuing in good demand the rate gradually hardened to $79 cash after sales in the early part of the week at $761, 877, $77), and $78, at which intermediate rates a fair business was done for cash and settlements. The Company's report now published recom- mends a final dividend of $2 per shares making in all 8 per cent. for the year, and carrying forward $56,559.49. The net earnings, includ- ing the amount brought forward from last account, amount to $267,059, a result better by some $10,000 than the previous account showed, the greater portion of which ($7,911.61) is made from profit on sales of property. Hotels continue in good demand at $324 without bringing out many sellers and a point higher would probably be paid; at time of closing sales are reported at $33. West Points have been enquired for at $19, but in view of the dividend of 90 cents per share payable on the 22nd holders demand a higher rate. The published report recommends a dividend of 90 cents per share and carrying forward $1,239.10 to new account. The net earnings amount to $13,039.10 against $8,944.78 for previous year, a result which, when the increased Fire Insurance premium that the Company has had to pay a large item in their working account is taken into consideration, must be considered very sutisfac- tory; prospects for the current year, it is understood, are even more favourable and in the ordinary run of things a larger dividend may be expected next year. Humphreys Estates have ruled very firm with sales at 894 and 894, closing steady att he latter rate. Kowloon Lands without much business, sellers at $16 ruling the market.
1
H. & K. Wharf & G... Hongkong Rope......... H. & W. Dock Insurances-
Canton... China Fire China Traders' Hongkong Fire North-China Straits 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.
Punjom
B.....
Do. Preference... Raubs
Steamship Coys.-
China and Manila ... China Mutual Ord...
Do. Preference... Douglas 8. 8. Co. H., Canton and M... Indo-China S. N. Wanchai Wareh’sa Co. Watson & Co., A. B. .....)
MISCELLANEOUS.-Green Islands have con- tinned firm and enquired for at $20; holders, however, are firm and but few shares come on the market. A. S. Watson's have changed hands at $12.25 and $12.50, closing with buyers at the former and sellers at the latter rate. Electrics remain unchanged with small sales and an enquiry at $6.50. Ropes have changed hands at REFINERIES-China Sugars, which were quotation. Fenwicks have ruled strong with neglected during the early part of the week, sales and buyers at $314. Ices have improved with no sales to report close somewhat firmer to $111, after small sales at $110, and close in with a small incipient enquiry at $184. Luzons-demand at former rate. Tramways have have found buyers at 8464 and 847, and more changed ownership in fair lots at $93 and are shares could probably be placed at the latter rate; still in demand. Bell's Asbestos 17/6 were they are, however, scarce and pretty firmly held. negotiated in the early part of the week at
MINING. — The market has ruled dull with | $7.50 and $8 and close at the latter rate.
£8
£1 8100, sellers 15688
$50 (in liquidation). $10 $5, $20-$3
$100
$134, buyer
$5
(in liquidation).
$5
$5
$25 - $31} buyers
$10
$20, sales
$110, buyers
$50 $30 2
£10
$8 $6.60, buyers
$100 · 593, sales & buyer
$50 $33, sales
$25 $111, buyers
$50
559, sales
$50 $147, buyers
$125
[$400, saled
220 pct. prem
$50 - $177) A VAR
$20 $104, sales & buyers
$25 - $75, tales & buyers
$50
$370, sales & buyers
£25
Tls. 195
$20
$254, sales & buyers
$25
$235, sales
$60
$146, buyers
$50 $79, sales $109.2, buyers
$30 $154, sal & buyers $40 $19
$100 $47, buyers
Fes. 500 75, siles
$5
$2.25, tellers $3 $1.40, sellers
$21 $2}
$4 $11, sales & sellers $1 $3.25, sales gr 138. 10d. $9), sales & buyers
J. Y.
$50 $67, buyers
£5
£2.58.
£10
£7, buyers
$50 $61, sales & buyers $15 $32, sellers £10 $41 buyers $87) $43)
$10 $12.25, sal. & buyers V. VERNON, Broker.
SHANGHAI, 15th January, (From Messrs. J. P. Bisset & Co.'s Report.)-Business has been small during the week, with but little change in rates, with the exception of Hongkong and Shanghai Bank shares. Banks.-Hongkong and Shanghai Banking Corporation.-Shares have changed hands at 181 to 184 per cent. premium. In Hong- kong shares were steady for some days at 189, but the market is now firmer with buyers. Bank of China and Japan Deferred shares are wanted at £6. National Bank of China have been sold, in Hongkong, at $26. Marine Insurance.North- Chinas were sold at Tls. 190 and are wanted. and $150 for the 31st March. Straits have been Yangtszes were sold at $140 and $141 for cash, placed at $25 and $20 for cash, and $261 for delivery on the 27th February. Fire Insurance.
No local business is reported. Shipping Indos China S. N. shares have changed hands at Tis: 254 cash and 8324 for t the 30th April... There are time sellers on the same terms, China Mutual SN Preference shares are wanted at £7 Sugars. Perak Sugar Cultivation ghares were sold at Tls. 251. A cash sale was made at Tls. 21, the seller buying back the sliares for the 31st March at Tls. 25, which is simply an expensive way of outaining a loan. Mining - Sheridans were sold at Tis. 3, and are wanted. Baubs were placed here at $91, a high rate. Docks, Wharfs and Shanghai Dock shares, with Tls. 50 paid up
There is an enquiay for Boyds at
been sold at Tis. 49. Shanghai and Ho
Wharf shares are wanted at Tls. 115, but for Tis. 120. Lands. Shanghai Land In ahares have been placed at Ils. 821 shares not fully paid up until the 81st are offering at The. 81, Kow placed here it $15. Industrial.- Gas Co. paid a dividend of The Or