December 22, 1897.]
ON GERMANY.——-
On demand
.1.991
.149)
.1191 .150
ON NEW YORK.-
Bank Bills, on demand
.474
Credits, 60 days' sight
.48⭑
ON BOMBAY;—
Telegraphic Transfer..
Bank, on demand..
.150
ON CALCUTTA.—
Telegraphic Transfer
Bank, on demand...
ON SHANGHAI.—
Bank, at sight
Private, 30 days' sight.
ON YOKOHAMA,
On demand.
ON MANILA.——
On demand.
ON SINGAPORE.—
On demand..
SOVEREIGNS Bank's Buying Rate GOLD LEAF, 100 fine, per tael
.731 .743
..31 % pm.
..5% pm.
JOINT STOCK SHARES.
pár.
10.04 .52.00
HONGKONG, 21st December.-Business has been rather more lively during the week and several stocks have changed hands, some at higher rates, notably Banks, Sugars, and Raubs. Rates all round look steadier and the money market not quite so tight either here or in Shanghai.
BANKS. Hongkong and Shanghai Banks- A small but steady enquiry has resulted in small sales at 175 and 176 per cent. prem. for cash; whilst a demand for forward contracts at rather higher than equivalent rates has not been entirely met. Market closes steady at 176. Nationals have continued on offer without business at $23.
MARINE INSURANCES.-No business to re- port under this heading and rates remain unchanged.
FIRE INSURANCES.-Hongkongs continue dull at quotation with no business. Chinas have changed hands at $106, closing steady.
SHIPPING.-Hongkong, Canton and Macaos continue to rule weak and out of favour, shares
being obtainable at $28 after small sales at $28. Indo Chinas remain steady with small sales and sellers at $51. Douglases have found further buyers at $57, closing steady to strong at that rate. China Mutuals and China Manilas unchanged and without business
REFINERIES-China Sugars have materially improved to $161 after sales during the week at $156, $157, $157. $158, 8159, $160, and $161; the rise may be attributed to reports of good busi- ness and to the somewhat easier money market. Luzons are on offer at $40 without finding buyers, MINING-Punjoms have ruled steady at $4.50 with small sales, and close steady at $5.50 cum. first call on new issue. The period for payment of the first call on the new issue expired on the 20th inst, but the Secretary states that any shareholders who have from any reasonable cause been unable to pay the call can still do so, at his (the Secretary's) discretion. Charbon- nages unchanged and without business. New Balmorals have been negotiated at $1.50 and $1.40 for Preferences: and Ordinaries, closing with sellers at those rates. Jelebus have found further buyers at $2. Raubs, which declined to $19 in the early part of the week, owing apparently to a misapprehension of the result of the November rough clean-up- gradually again crept up to $21, after fair sales at $194, $20, $201, and $21, chiefly to Singapore buyers. The rough clean-up for November, which shows an estimated 777. oz. gold for four weeks, is some 70 oz. better than the 860 oz. shown for five weeks in the last September-October crushing, and advices from the South say that the result of the -November-December crushing will be very good. The new machinery, however, which was to have been fixed by May, will, it is understood, be delayed until August on account of the engineers' strike at home. Olivers A have been done and continue on offer at $19, whilst B's have declined to $7 and S7 with sales and sellers at $74. Great Easterns have continued on offer and small sales have been effected at $2.90 and $3, closing with further sellers at $3.
1
DOCKS, WHARVES, AND GODOWNS.-Hong- kong and Whampoa Docks have been in fair. demand at 220 per cent. prem., but very few shares were obtainable at that rate, and
J
CHINA OVERLAND TRADE REPORT.
only small sales were effected; at time of! closing a point or two higher would probably be paid for small lots, but holders in considera- tion of rumours of a satisfactory half-year's working are in no burry to part at present rates. Wharves (Kowloon) have ruled weak with small sales at $58 and $59. Wanchais have changed hands at 841; the sale being more or less a forced one the rate must not be accepted as a current one, as it is very improbable that any more could be obtained at it. On the other and any further shares tbrown on the market would not fetch more.
LANDS, HOTELS, AND BUILDINGS.-Hong kong Lans have change hands and close steady at $74, Hotels at $49, and Kowloon Lands at quotations. West Points and Hum- phreys Estates continue steady at quotations, but with no business.
MISCELLANEOUS.-Green Islands have fur- ther improved to 8334 & 8184 after sales at $327 & $173 and 833 & $18 for old and new. Cotton Mills have not been dealt in 'ocally, but Shanghai reports sales of Internationals at $110, Lau Kung Mows at $103, and Soy Chees at $90. No further business under this healing to report.
Closing quotations are as follow: Closing quotations are as follow:-
PAID UP.
Banks
COMPANY,
Hongkong & Shai... China & Japan, pr.
Do. ordinary... Do. deferred... Natl. Bank of China
B. Shares... Founders Shares..! Bell's Asbestos E. A.... Campbell, Moore & Co. China Sugar Cotton. Mills-- Ewo....... Hongkong Internti nal Laru Kung Mow Soych.e Yahloong Dairy Farm Co.... Fenwick & Co., Geo. Green Island Cement...
Do. New Issue. H. & China Bakery Hongkong & C. Gas Hongkong Electric H. H. L. Tramways Hongkong Hotel Hongkong Ice
+
H. & K. Wharf & G.,. Hongkong Rere.....
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 Great E. & C'donian Do. Do. Jelebu New Balmoral
Du. Preference Oliver's Mines, A..
Do.
Punjom
+
B....
Do. Preference... Raubs
New Amoy Dick Steamship Coys.-
QUOTATION.
($345, sales prem#
$125 176 10 £5 nominal £3 10s.nominal
£15. 5s., buyers
£8 23 £123, buyers £1 $5
$10.75, sellers $100 161,al. & buyers
(Tis. 100 Ts. 100
+2017, sellers fls. 100 II. 110 Tls. 100 ls 103 Tls. 500 Tls, 530 Tls. 100 Tlx. 90
$5 $3 $25 529
$10 $334, sal. & buyers $21 $18), sal. & buyers $50 1:33 £10 $120 $10,seller
$100
$50
$25
12, buyers 19. buyers HBB
+
$50 $58, siles & buyers $50 $170 $125 $220 pct. prem
$400, sales & b. $50 $157, sellers $20 $106, sales $25 1570 $50 $305
£25 Tls. 18, sellers $20 $17, sellers $25 $28, ellers $60 $150, sellers
$50 $74, sales & sellers $109.25, sellers $30 19, sales $40 $21] $100 $40, sellers ·
Fes. 500 $:05, buyers
$ $6, sellers $253, sales & sellers $5 $2, sellers
!
$1 $1.40, sal. & sellers $1 $1.50, ellers $5 $19, sales $2)$71, sales
$45.50, cum. sal. & b.
$1 $1.20, sales
138. 10d. $21, sales & buyers
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
Do. Wanchai Wareh'se Co. Watson & Co., A. S. .....
J. V.
$1 $18, sellers
$50 576, sellers
£5 £2 16s. buyers £10 £7 103. buyers $50 $57, buyers $15 $28, sales £101, sales & sellers
$5 $5, sellers $2 $2, sellers
$252, sellers
$1010, 1ominal
$3741, sales & buyers $10 -12
Y. VERNON, Broker.
495
for
SHANGHAI, 17th December.-(From Messrs. J. P. Bisset & Co.'s Report)-The supply of money has become larger, but the bare market has not greatly benefitted by this during the week, there being but little change in rates, and the business done was small. Banks.-Hongkong and Shang- hai Banking Corporation.. Only two transactions are reported at 175 and 174 per cent. premium, No local business is reported in any of the Marino for delivery on the 31st December. Insurance.~ or Fire Insurance shares. Shipping.-Business has been confined to sales of Indo-China S, N. shares at Tls. 37) for Derember and Tis. 30 April. Docks, Wharve and Godowns. Shares in's. C. Fareham & Co. have been placed at Tis. 15, and ace wanted. Shanghai Engineering and Dock abres changed hands at Tis. 85 and 11s, 6 for the 31st current, and Shanghai and longsew Wharf shares at Tis. 116 cash. Lands. -Shanghai Kand Investiment shares were placed at Tls. 90. Industrial-Major Brothers shares we e place at Tls. 32. In Cotton Mill shares ; Ewos were sold at TIs. 100, Internationals at Laon-kung-mows nt 11, 101 cash, Tls. 103 for Ts. Il for cash and for the 31st current, and
December and Tls. 119 for the 31st March. Soy Chee shares are offering. China Flour Mill share changed hands at Tls, 68 and 66 cn-h and Tls. 711 for the 31st March, and American Cigarette shares at Tls 90 and fls. 10. Tugs and Cargo Boats. -Shanghai Tug Boat shares were sold at Tls. 206 ex the third interim divi lend of Tls. 5. paid on the 15th instant. Shanghai Cargo Boat shares were parted with at 1a 19, Miscellaneous.— Shanghai- umatra Tolmeco aláres were placed at Tls. 82 cash. ls. 9) for March and Tis, 91 for Apri, ami shares or wanted. Shanghai-Langkat Tobacco sh res wes1 at Tls. 275 for the 31-t current, and Pls. 275 to 245 for ash, with sales for the 31st May at Tls. 400. Lan.—A sinali lot of Shanghai-Langkat 10 per cent Debentures was sold at par, plus the accrued interest.
TONNAGE.
SHANGHAI, 17th December (from Messrs. Wheelock & Co.'s report.)-There has been no further fall in rates to London, and it is reported that the Confer- ence Agents have made arrangements to carry on the existing agreement till the close of the current C»n-
ference ye ir. The New York rate remains unchanged at 278. 6d. Coastwise:-We hear that all steamers at Takn have been ordered to return, i dicating an irumedinte closing of the northern ports for the win- ter. Rates of freight are:-London, by Conference Lines, general cargo 32s. 6d.; waste silk 358.; tea 32s. 6d; Northern Continental ports, by Conference Lines, general cargo 32%. 6d.; waste silk 353; tea 32s. 6d.; New York via London, by Conference Lines, general cargo 40s.; waste silk 42s. 6d.; tea 40s.; Bal- timore vid London, by Conference Lines, general cargo 45s,; waste silk 47s. 6d.; tea 4 s.; Konigsberg vid London, by Conference Lines, general cargo 40s.; waste silk 428. 2d.; tea 403.; Manchester, by Coufer- er ce Lines, general cargo 45s; waste silk 478. 6d.; tea 45.; Liverpool, by Conference Lines, general cargo 40s.; waste silk 42s. 6d.; tea 40s.; Hamburg, by Conference Lines, general cargo 32s. 6d.; waste silk 35s.; tea 32s. 6d. Above rates are subject to a deferred return, as per Conference circular. Havre, by Conference Lines, tallow 32s. 6d. net, general cargo 32s. 6d. net, waste silk 35s. net, ten 32s. 6d. net; Genoa, by Conference Lines, tallow 32s. 6d. net, general cargo 32s. d. net, waste silk 35s. net, tea 32s. 6d. net; Marseilles, by Conference Lines, tallow 32s. 6d. net, general cargo 32s. 6d. net, waste silk 35s, net, tea 32s. 6d. net. 423. fid per top of 20 cwt. for above three ports. New York, by sail, 20s.. New York via Pacific, 1 gold cents per lb. lea, 3 cents per lb. silk, $9 per ton strawbraid; New York við Suez, 27s. 6d. per ton general cargo, 27s. 6d. tea; Boston, 35s. per ton general cargo; Philadelphia, 35s: per ton general cargo. Const rates.-Moji to Shanghai $1.15 per ton coal; Nagasaki to Shanghai $1.15 per ton coal; Newchwang to Kobe season closed; Newchwang to southern poris, season closed Wuhu to Canton, 15 cands.
VESSELS ON THE BERTH.
For LONDON.-Myrmidon (str.), Malacca (str:), Chusan (str.).
For SAN FRANCISCO.-New York, Coptic (str.), City of Rio de Janeiro (str.).
For. NEW YORK.-Dromeltan, Gerard C. Tobey Garrowdale (str.), Sikh (str.).
For BREMEN.-Prinz Heinrich (str.).
For BALTIMORE.-Standard.
For l'ORTLAND.—Mogul (str.),
+
For AUSTRALIA.- Tokio Maru (str.), Taiyuan
(str.)
For MARSEILLES.—Pectan (str.),
For SEATTLE.-Riojun Maru (str.),