October 27, 1897.j
—
JOINT STOCK SHARES. HONGKONG, 26th October.Rates continue steady, without much variation, the tendency being, however, rather inclined upwards in most of the big stocks, whilst mining and the minor stocks show a slight tendency downward. BANKS. Hongkong and Shanghais hare ruled firm with small sales at 179 cash and at 180 per cent. prem. for the settlements. On time shares are enquired for at 185 for December and 188/9 for Jannary. Holders. however, are loth to part and the demand remains unsatisfied. Nationals have been en- quired for at $214 and $22 without leading to --business, and at time of closing a demand
exists at $23.
MARINE INSURANCES.
The market con- tinues neglected with sellers of all stocks at quotations, and with the exception of small sales of Straits locally at $19 and of North Chinas in Shanghai at Tls. 200 there is no business to report.
FIRE INSURANCES.-Hongkongs have ruled somewhat weaker, sellers vainly offering to part at $370, and with no buyers eren at a few points lower. Chinas continue steady and in fair demand at $107 to $1074 with sales and buyers at the former rate.
SHIPPING-Hongkong. Canton and Macaos remain weak and out of favour with little or no business; shares are obtainable at $304, but buyers are still conspicuous by their absence. Indo- Chinas continuing in demand the rate has risen to $51 with sales, after small transactions at $50, the market closing steady at the higher rate. China and Manilas remain unchanged, without business. Donglases have found further buyers at $58 and close steady to strong at that;
the Company is. about to order a new steamer to replace the Namoa, which latter has become a total loss and been sold by auction. China Mutuals without business; shares could be placed at quotation, but none are forthcoming. REFINERIES. China Sugars in the early part of the week continued steady at $152} to $153 and some small lots changed hands at these rates; towards the close, however, the rates again hardened and sales were effected at $154 for cash and settlements, whilst sales were reported for December and January at $156 and $15. The market closes strong at $154. Luzons have suddenly, after a long period of inaction, again come into the market and shares have changed hands at $34, $35, $36, and $37, closing steady at $37. improvement is due to the rumour that the Company will re-commence work, which has lately been stopped, owing to the heavy rains preventing the natives from bringing in sugar.
The
|
CHINA OVERLAND TRADE REPORT.
MINING. The market has been very dull and rates generally declining. Punjoms were in a small demand in the early part of the week and changed hands at $4.10 to $4.25, and close steady at $4.25. Charbonnages are enquired for at $100, but as no shares are forthcoming higher rates could doubtless be obtained. New Bal morals at $1.50 and $1.40 for preference and ordinaries have ruled quiet with small sales and close at those rates. Jelebus have weakened to $2.30 with sales, closing quiet. Raubs again declined to $201 with small sales at that after fair transactions at $21 and $203, but close at $203 strong with buyers. Olivers have ruled rather erratic with sales of B's at $8 to $71 and afterwards at $73, closing steady at $8. Great Eastern and Caledonians.-A wire has been received from the Manager stating that a lode has been struck (bearing 2 oz. gold)| 9 inches wide, whilst sinking a shaft on the newly acquired Zulu property. On receipt of this market immediately jumped from $2.90 (at which and at $2.80 shares had previously being changing hands) to $3.40 (for $2.50 paid upshares), after fair sales at 33, $3.10, and $3.25; at time of writing the market is quieter with sellers at $3.10 for $24 shares and buyers at $5.75 for fully paid.
COMPANY,
Banks-
Hongkong & S'hai... China & Japan, prf.
Do. ordinary... Do. deferred... Natl. Bank of Chinal
B. Shares Founders Shares.. Bell's Asbestos E. A....! Campbell, Moore & Co. China Sugar Cotton Mills-
Ewo... Hongkong Intern ti nal Laru Kung Mow Soychee Yahloong Dairy Farni Co. Fenwick & Co., Geo.....
£8 $23, sales & buyers £123, Luyers £1 $9, sellers $18.75, -ales $100 154, sales & buyers
A
335
LANDS, HOTELS, AND BUILDINGS.--Hong- to report. Hongkongs are quoted $367) in Hong- kong Lands remain steady at $75 without basi- Kong. Sugar Companies-There has been some ness. Hotels quiet at $48. West Points have excitement in China Sugar Refining shares. On been negotiated at $213 and Humphreys at $9.75. the 16th they changed bands for the 31st at $1493 A demand set in later, both locally MISCELLANEOUS.-Green Islands have found and $150. buyers to a fair extent at quotation, the market and from Hongkong, and cas's shares were forced up to $154 cash, and $1571/158 for December, closing rather weaker with sellers. Watsons
while a sale was made to Hongkong at $152 for have changed hands at 8124, but more shares
the 31st. The Hngkong market has not respond. are obtainable at the rate. There is no more
ed to these bigh rates, as the cash quotation is business to report under this heading.
2151 with buyers. Luzon Sugar Refining shares Closing quotations are as follow:
have fa len to $39. Mining. Pumjon Mining ¡PAID UP. QUOTATION.
shares were purchased from liongkong at 34.23, [$350, sal. & b
and a local sale of Raub Australian Gold Mining $125180 "io
prem
shares is reported at $21. There are buyers at £5 nominal
this price. Docks, Wharros and Godowns.-Bǝyd £30s nominal
& Co, shares have been sold at Tls. 185, and £1 ¡£5. 5s., Imyers Shanghai Engineering and Dock shares at Tls.93 for March delivery. These are wanted at Tls. 90 cash. S. C. Farnham & Co.'se ares are offering at Tls. 170. Lands. - Business has been confined to n sale of Shanghai Lind Investment sharos at Tla. 01. Industrial-Major Brothers shares were sold, and are wanted, at Ïls, 36. Ewes have been sold Tis. 112, but are weak with sellers. There has ben a better demand for Internationals, which have been ebanging hands at T. 121 to Tls. 122 cash, and Ts, 122 for the 31st, 11, 121 for Novem- ber, and Tls. 124/125 for December. Laou-Kung- Mow shave been done at Tis. 114 each and Tis. 110 for December delivery. Am rican Cigarette shares bare been told, and are wanted, at Tls. 85. Tug and Cargo Boats.-Shanghai Tug Boat shares are in demand at Tls. 20. Shanghai Cargo Baot shares were sold at $205 for casli and for the 31st current, and at Tls. 207) for the 30th November. Miscellaneous - Shanghai Waterworks shares are wanted.
shares hanghai-Sumatra Tobacco changed hands at Tls. 93 to 1s. 92 cash, Tls. 04 to Tls. 92 for the 31st current, T. 6 to Tls. 9 for the 30th November Tls 96 to Tls. 91 for 31st December, and Ts. 100 for the 31st March. Shanghai-Langkat Tobacco shares have also been droping, sales baving been made at Tls. 460/450 casb, Tls. 455 for the 31st current. 'l'ls. 480 for No- vember, Tls. 500 and Tls. 445 for December, and Tls. 550 for March. Hall and Holtz shares have change! hands at $38) ex dividend, and Green Island Cement shares were purchased from Hong- kong at $30.75, Loans.-Shanghai Land Invest- ment 6 per cent Debentures of 1890 were sold, and are wanted, at Tls. 101, plus the acerned interest.
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. Duck Insurances-
Canton..... China Fire China Traders'
Hongkong Fire North-China Straits Union
Yangisze.
Land and Building
H. Land Investment. Humphreys Estate... Kowloon Lanil & B West Point Building Luzon Sugar Mining
Charbonnages. Great E. & C'donian Do. Do. Jelebu New Balmoral
Do. Preference Oliver's Mines, A.
Do.
Punjom
B.
Do. Preference.. Raubs
New Amoy Dick Steamship Coys.—
China and Manila China Mutual Ord... Do. Preference.... Douglas S. S. Co. H., Canton and M... Indo-China S. N. Tebrau Planting Co.
Do. United Asbestos Wanchai Wareh'se Co. Watson & Co., S. A.....
Do.
TIs.
100 Tis. 111, buyers #20 18, sellers Tls. to Tls. 322, buyers Tls. 100 Tls 114 Tls. 500 Tls. 75 Tls. 70. 72
$5 $1.75, buyers $25 28 25
[& sellers $108303, ex. S.1, sales
$15, sales $50 $33, buyers £10 $110, buyers $10 $4. siles $100 12, seller
$50 48 $23 $113 $50 63, sellers $50 $170, buyers $125 $ 26p ct. premi.== ($407)
Fes.
$50 $160, seliers $20 107, sales & buyers $25 73, sellers $503367
£25s. 200, sellers $2019, sales & sellers $25 280; sellers $60:155, sellers
$50-1575
$109.75, sales & sellers $30 19, sellers $40-214, sales $100
7, sales & buyers
500 $100, buyers $5.7, buyers $263.10, sellers $2.50, sellers
$
$
$1.40, sal, & sellers $1.50, sal. & sellers $520
$2 $5, sales
$4.25, sal. & sellers $11.40, buyers
13s. 101. $21, buyers $1 $18, sales
J. V.
$50-77, buyers
£5 22 10s. buyers £10 £7, buyers $508, ales & sellers $150 ellers
£105), sales &buyers
$5 $5, sellers $2 $2, sellers
$2 $2, sellers $10 $10, nominal $37443, sellers $10 $12), sales Y. VERNON, Broker.
SHANGHAI, 22nd October.~(From Mesara, J. P. Bisset & Co.'s Report.)—A moderate busine-s has been done during the week. Bank Hongkong and Shanghai Banking Corporation.—One or two per cent cash lots have changed hands at 18+ premium, and shares were placed for the 31st December at 188 per cent premium. National Bank of China.--Some Founders' share changed hands at $22. Marine Insurance.-Business has
DOCKS, WHARves, and GodOWNS.-Stocks under this heading continue neglected. Hong. kong and Whampoa Docks have ruled steady at 226 per cent. prem. cash, but without business; whilst Kowloon Wharves and Wanchai Godowus remain unchanged and without business at quota-Yangtszes at $155. There ar cellers of the batter tions. New Amoy Docks have changed hands at $18 and are on offer at $184; the Company has called a meeting to place a proposition emanating from the directors to return $3.75 capital per share before the shareholders.
been confined to North-Chinas at Tis, 200, and
at the same price. Shipping-Indo-China S. N., shares have been placed at Tis, 37, and there are more offering; an China Shippers Ordinary shares with £5 paid up were sold, and are wanted, at Tis. 20. Fire Insurance.-There is no local change
|
TONNAGE.
SHANGHAI, 22nd October (from Messrs. Wheelock & Co.'s report.)-There is little of interest to write about our homeward freight market, and though the rate to New York ria Saez has been slightly im proved, by the addition of a further 2s. 6d., making 255. per ton of 4' cubic feet, other directions remain unaltered. For London, tonnage has been ample for real requirements, while a fortnight has elapsed since we have had a steamer on theNew York berth. For London rid Suez-Cargo is exceedingly scarce, and there is little encouragement for steamers to call here. For New York vid Suez.-This berth has been empty since the departure of the Liv on the 6th instant, but is now occupied by the Macduff, which arrived on the 18th instant. She has engaged a large quantity of cargo at 22s. 6d., including over 1,000 tons of new season's wool from Tientsin, the remainder being for the most part tea, and she ex- pects to sail to-morrow morning for Foochow. The St. Ninian is de bont the 26th instant, and as her allotted spare for this port is fully engaged, some 1,200 tons, including transhipmentsťom the northern ports, she will not stay here more than a couple of days on her way south. New York rid Cape.The Helen Brewer expects to clear to-morrow. Charterers have been somewhat disappointed in their ideas of her carrying capabilities, and there being no space procurable in other loading vessels, a considerable amount of tea, intended for shipment by her, has to go forward by steamer at very considerably advanced rates. The Drumellan will remain here longer than was originally intend-d, a ship, the Agenor, having been taken up in Hongkong in order to prevent the necessity for he local vessel being hurried south-
wards.
All vessels are fully engaged, and at 175., the highest rate paid this season, no space can be procured. Rates of freight are:-London, by Con- ference Lines, general Largo 358.; waste silk 578. 60.; tea 358.; Northern Contirental ports, by Conference Lines, general cargo 35s.; waste silk 37g. 6d.; tea 358.; New York rid London, by Conference Lines, general cargo 42s. 6d.; waste silk 45s.; ten 42s. 6d.j. Baltimore rit London, by Conference Lines, general margo 478. Ud.; waste silk 50s.; tea 479. 64.; Konigs terg rid London, by (onference Lines, general cargo 42. Od.; waste silk 45.; tea 428. fd.; Manchester, by Conference Linea, general cargo 478. Bd.; waste silk 509.; tea 47s. 6d.; Liverpool, by Conference Lines, general cargo 42s. 6d.¡ waste silk 450.; ten
H
}