}
February 15, 1902.]
Fire Insurance Co. Ld., ordinary yearly meet- ing on the 6th March; transfer books close on the 20th instant. Hongkong Fire Insurance Co. Ltd., ordinary yearly meeting on the 6th March; transfer books close on the 20th instau'.
Closing quotations are as follows: -
COMPANY.
PAID UP.
Banks-
Hongkong & Shai...
$125
China & Japan, ordy. Do.. deferred Nall. Bank of China) A. Shares B. Shares Foun, Shares... Bell's Asbestos E. A.... Campbell, Moore & Co. China-Borneo Co., Ld. China Light & Power
Co., Tal.
'hink Prov. L. & M. China Sugar Cigar Companies-
Alhambra Limited. Philippine Tobacco ) Invest. Co., Tal. J Cotton Mills-
Ewo
International
Laon Kung Mow Soychee Hongkong Dairy Farm
Fenwick & Co., Heo... tireen Island C'giment. H. & C. Bakery Hongkong & C. Has Hongkong Electric
H. H. L. Tramways Bk. Steam Water
boat Co., Ld. Hongkong Hotel Hongkong lee......
H. & K. Wharf & G....
Hongkong Rope..
H&W. Dock
Insurance--
Canton China Fire China Traders' Hongkong Fire North China Straits Union Yangtsze Land and Baibling-
Hongkong Land Inv. Humphreys Estate... Kowloon Land & B} West Point Building| Luzon Sugar Manila Invest. Co., Lal. Mining --
Charbonnages Jelebu
Queen's Mines, Ld.. Olivers Mines, À.
Do.
B....
Punjom
Do. Perference...
Raubs
New Amoy Dock
Oriente Hotel, Manila Powell, Ld..
Robinson PianoCo,,Lal
QUOTATIONS,
[buyers ($612), sales &
L'don, £63. 10s
£4 £1. £1 nominal.
£S $27),ales & buy. 48 $271, sales & buy. £1 $10, sellers
181, buyers $10 $21, buyers $15 133, sellers
$20 820, nominal.
810 39.30. $100 $143, sales
$500 $500, nominal.
$50 $50, sellers
Tis. 100 Tls. 45. Pls. 100 Tls, 30. Tls. 100 TI, 50. †Ts, 500 (Tls, 150,
$100 $14. buyers
$6 $11, buyers $25 $474, sellers $10 821, buyers $50 $50, sellers. 210 $140, buyers $10 $134, buyers $5 $64, buyers $100 8320, buyers
$50 $131, sales 825 8208, sales & buy. 850 $97, sellers
$50 $175:
$50 280, sellers
$50 $155, buyers $20 890, buyers $25 $37, sellera $50 $327, buyers" £25 Tls. 19, sls. & buy. $20 nominal.
$50 $345, buyers $80 $130.
$100 $182, sales
$10 $121, buyers $30 $31, ex div..
$50 860, sellers
CHINA OVERLAND TRADE REPORT.
shares
|
|
SHANGHAI, 5th February (from Messrs. J. P. Bisset & Co.'s Report). Marine and Fire stocks SHIPPING.Indo-China S. N. Co. are quiet. The market during the week has been active, and rates for cash and time transactions show an improvement. Cash sales are reported from Tis. 98,50 to 100, market elosing with buyers at 101. The following settlements have been made: March 101,50, 102, 102.50, June 104.50, 106, July | 105, 105.50, 107.50, October 108, 107.50, 109; forward shares are in demand. STARS have not been dealt in; Peraks are offering, MINING.
Chinese Engineering and Mining Co.. Ld. | Cash sales took place at Tls 9.35 and 9.50; there are buyers at latter quotation. Settlements are reported for June at Tis, 10,00 Docks, WHARVES AND GODOWNS.—S, C. Farnham, Boyd & Co, Tal. Business has been done at Tls. 200. 281.25, 260 and 282.50, the market closing firm at last rate. Settlements have been made for February at 265, March 265, 267.50, May 272.50, July 275, Shang- hai and Hongkew Wharf shares are quiet.
Investment LANDS.---Shanghai Land changed hands at Tls. 114 and are offering. This Company will pay a final dividend of 6 per cent., making 12 per cent. for the year, INDUSTRIAL. -Cotton Mill Stocks continue quiet. Ice shares were placed at Tls. 28 and are offering. Pulp and Paper Mills sold at Tls. 10% cash and are offering. Settlements for April realised Tls, 110 and 111. Flour Mill changed hands at Tls. 41. TOOS AND Cardo Boats.—Nothing doing. M18- Cash CELLANEOUS.-Langkat Tobacco Co., Lɗ, sales took place at Tls, 330 and 327.50. Settle- ments were made for March and April at Tls. 345 and for May at 350. Astor House Hotel Co., I. Cash sales were made at 255 (ex dividend). An extraordinary meeting of shareholders is called for 21st February to consider resolutions for the purchase of the Hotel des Colonies and for the increase of the Capital of the Company by the creation of 4,500 new shares of $100 each; 1,500 of these shall be ordinary shares, 1,500 preference, bearing interest at 7 per cent. to 30 June, 1902, (after which date they will rank for dividend, pari passu, with old shares) and 1,500 shares shall await issue at the directors' discretion; the price of issue of above 3,000 shares to he | at 100 per cent. preminuo. Failing the passing of this resolution, the proposal for the issue of the 1,500 ordinary shares will be withdrawn and a resolution submitted to increase the capital by Issue of 3,000 shares, of these 1,500 shall be preference and their issue shall be on the terms explained above and 1,500 be retained for issue A resolution will he nt directors' discretion. submitted to subdivide the present shares into 4 DEBENTURES.- International shares of : 25 each. Cotton Manufacturing Co., Ld., invite subscrip- tion for Tls. 410,000 of debentures, bearing interest at 7 per cent, payahle half-yearly. They will be repayable 20 years from 1st March, 1902, but are redeemable in 5 years or any time there- after 6 months' notice has been given. This loan is issued to provide funds to pay off the Company's overdraft with Bankers and to afford a working
$100 $35, sales & buyers | capital.
$50 $45, sellers
Fes, 250 $525, buyērs
$5 $4, sellers 25c. 4 cents.
Steamship Coys. —–
i
China and Manila.
+
China Mutual Pref.
Do. Ordinary
Do. Bonus
Douglas Steamship H., Canton and M.. Indo-China S. N. Shel:Transport and
Trading Co.. Star Ferry Tebrau Planting Co....
United
Abestos
Do..
Universal Trading
Co.. Là......
Watkins Lal.
Watson & Co., A. S.
$5 nominal.
84 nominal. 810 844, sales & sellers
$11, sellers 18 $9.
$61 $30, buyers 50 8524, sellers $10 59, sellers $50 1550, nominal
$50
R50, sales $10 £10 £10. £7.10 £7. 10s.
sons
127
fitable concerns. Meetings should be held this month of Maritima, Banco Espanol Filipino, Electric Light Co., Oriente Hotel and Stevedor- ing Co. General.-Until better facilities for loaning money pevail herr, we expect our Share Market to continue dull and lifeless. In our Circular No. 20 we called attention to the grent want of a Loan & Mortgage Co. with ample capital; such a concern could make a safe 8 per cent., and probably moro, This market offers plenty of inducement for capital, quite apart from the joint stock companies; a number of really good things go n-begging almost, for want of financial facilities. We are pleased to see the Guaranty Trust Company of New York intend opening up here later; sach a sound concern should do a most remunerative business, and the public generally will appreciate their action: from a purely political point of view, the est- ablishment of a branch of the concern namel will do good, and tend to given oven greater confidence in the Government.
(LOSING QUOTATIONS.
ON LONDON.-
:
FRIDAY, 14th January.
EXCHANGE.
Telegraphic Transfer
1,10
Bank Bills, on demand
.1/103%
Bank Bills, at 30 days' sight
1/10
Bank Bills, at 4 months' sight
1 10
1/10
Credits, at 4 months' sight...
Documentary Bills, 4 months' sight1/10.
ON PARIS.-
ON GERMANY.———
On demand
Bank Bills, on demand
2.31
Credits, 4 months' sight.
1.873
ON NEW YORK.—
Bank Bills, on demand
.444
Credits, 60 days' sight
453
ON BOMBAY.-
Telegraphic Transfer
137
Bank, on demand
17!
CALCUTTA,—
Telegraphic Transfer Bauk, on demand
137
1374
ON
UN SHANGHAL-
Bank, at sight Private, 30 days' sight.. ON YOKOHAMA,——
On demand
ON MANILA.—
On demand. ON SINGAPORE—
On demand ON BATAVIA.——
ÔN
On demand
TÍA PHÔNG. Or demand
On demand
ON SAIGON.—
-3:3
781
11; pe.pm.
2 p.c. pm.
}
1113
i!
1}
60
ON BANGKOK.-On demand SOVEREIGNS, Bank's Buying Rate ...10.81 GOLD LEAF, 100 fino, per tael BAB SILVER per oz.
TONNAGE,
56.25
2640
HONGKONG, 14th February.-There has been very little demand for tonnage during the past fortnight. Saigon to this, 8 cents per picul last; to Philippines, no demand for prompt steamers; to one port north coast Java, 24 cents for prompt and 26 cents per picul for end February loading. Bangkok to Hongkong, 15 and 20 cents per pioni. Java to Hongkong, 20 cents per picul for wet Moji to this, Conl freights are weak $1.65; to Singapore, $2.25 per ton. Sailing vessels. The British barque Alcides has been chartered to load here for Baltimore and New York, terms
sugar.
MANILA, 3rd February (from Mesars. W. A. Fitton & Co.'s Report). Our last circular was dated 6th ult., since issue of which we have little or no change to report, our Share Market continuing dull and without animation. Tran- sactions.- Sales are reported in Oriente Hotels, Germinal, Tobacco Trust, and Maritimas. De- mand. Varaderos, Investment Co., American Bank, Maria Cristina, and Maritimas have been inquired after, but business done is insignificant. New Company.-Messrs. H. J. Andrews & Co. Automobile have invited subscriptions for an Street Car service; "capital to be $100,00 300 livided into 10,000 shares of $10 each. This would give 10 cars with a carrying capacity of 14 per- Formation expenses are per journey. moderate, $28,000.00 is to be set apart for pur-private. chase of further ears, probable expenses and depreciation appear to have had every care, and the scheme looks a good one; they estimate nett profits at $10,000 per annum. In any case there is an absolute want of such a street service, and the Compania de Omnibus-Automobile de Manila, Limite, should do well. We understand there ($23, sales & buy. has been a good reponse made by the investing
$9.
public, and that the ears are already en route. Subscription list closes 15th instant. Compania Maritima. There is a well founded report that this company has been taken over by an American syndicate as from 31st December last; old share- holders an to receive £650.0) per share plus dividend on past 6 month's working, which will be $10 $15, sales & sellers at the least 10 per cent. We quite expec to see American capitalists interesting themselves in other concernshere; there is ample opportunity Elita Nossack-German -steamer, 1,151 tons, for the investment of capital in round and pro-monthly, 8 months, at $7,250 per month.
£5 £5,
$50 $43, sellers
$15 $36,sales& buyers
10 $115, sellers
£1 82.
$10
$5 $1.
$4 810, buyers $10 $75, buyers $5 820, sellers
$10 $10, sales
VERNON & SMYTH, Brokers.
|
The following are the settlements : Lothair --Italian barque. 704 tons, hener to Callao, £1,250 in full.
Alrides British barque, 2,492 tons, hence to Baltimore and New York, private tems.
Andalusia --German steamer, 3,477 tons, Moji to Hongkong, $1.65 per ton.
Chelydra-British steamer, 1,567 tons, Moji th Hongkong, $1.70 per ton.
A China Navigation Co.'s steamer, Iloilo to Tientsin (20,000 piculs), at 76 cents per picul.
Holstein-German steamer, 1,103 tons, Saigon to one port north coast Java, 28 cents per picul.
Byyd-Norwegian steamer, 771 tons, monthly about 7 months, at 26,275 per month.
Salamnuru British steamer, 883 tons, monthly, 63 months, ut $8,500 per month,