[
December 15, 1902.]
Closing quotations are as follows :—
COMPANY.
PAID UP.
Banks--
Hongkong & S’hai.....
Natl. Bank of China A. Shares
$125
B. Shares
Foun. Shares... Bell's Asbestos E. A.......... Campbell, Moore & Co. China-Borneo Co., Ld. China Light & Power
Co., Lď,
China Prov. L. & M. China Sugar Cigar Companies—
Alhambra Limited... Philippine Tobacco › Invest. Co., Ld. § Cotton Mills—
Ewo
International
Laou Kung Mow Soychee
Hongkong Dairy Farm
Fenwick & Co., Geo.... Green Island Cement...) H. & C. Bakery Hongkong & C. Gas Hongkong Electric
H. H. L. Tramways Hk. Steam Water
boat Co., Ld. Hongkong Hotel Hongkong Ice.......
H. & K. Wharf & G....
Hongkong Rope...
H. & W. Dock
Insurance-
Canton
China Fire China Traders'
Hongkong Fire North China Straits Caion Yangteze.. Land and Building-
Hongkong Land Inv. Humphreys Estate... Kowloon Land & B. West Point Building Luzon Sugar Manila Invest. Co., Ld. Mining-
Charbonnages Jelebu
Punjom.
Do. Preference... Raubs
New Amoy Dock
Oriente Hotel, Manila Powell, Ld.. Robinson Piano Co.,Ld. Steamship Coys.
China and Manila...
1
Douglas Steamship H., Canton and M.. Indo-China S. N. Shell Transportand Trading Co....... Star Ferry Tebrau Planting Co. United Abestos...
Do.....
Universal Trading Ca, Ld....
Watkins Ld.
Watson & Co., A. S....
QUOTATIONS.
$685, buyers {L'don, £62.
£8 $27, sellers 28 $27, sellers 21 $10, sellers £1 $1, buyers $10 $35.
$15 $2, sellers $20 813, sellers
$10 891, sales & buyers $100 $85, sellers
$500 $500, buyers $504, sellers
Tls. 100 Tls. 42. Tls. 75 Tls. 41.
TIs. 100 Tls. 42.
TIs. 500 Tls. 160. $100 $172.
$6 $11,ex div., sellers $25 3.0.
$10 $201, buyers $50 $40, seliers £10 $140, buyers $10 $13.1 sales& buy, $5 $66, sales & sells. $100 $345.
$5 $81, ellers
$50 $141, sales $25 $240.
$50 $88, sales $50 $120, seller: $50 -215.
$50 $167, sellers $20 ($85, sellers $25 $58.
$50 $34. sellers £25 Tls. 1771. $20 $1, nominal. $50 $460, buyer. $60 $133, buyera
$100 $183, buyers 810 812), sellers $30 $31.
$50 $55, buyers $100 $12), sellers
$50 $124.
Fes.250 $600, sellers
$5 14 Bellers
$10 $21.
$1 75 cts.sales & sells. 18 $61.
$61 $40, sellers $50 $371, sellers $10 91,sales & buyers $50 $50, nominal
$50 $15
$25, sellers nominal
$50 $42, sales & sellers $15 $36. sellers 210 888, buyers
£1 £1. 12, 6. sellers
$10
$5 $21, buyers
$107,sales & buyers $10 $141, sales&sellers
CHINA OVERLAND TRADE REPORT.
|
WHARVES AND GODOWNs.-Business was done at Tis. 1821, 19 and 192, cash, 1971 190 for Decem- ber, 200-193 for January, 210 20 for March and 20, 200 and 20% for April Shanghai & Hongew Wharf shares were placed for December delivery at Tls. 307). LANDS, Shanghai Laud Investment shares were old at I'ls. 1zɔ cum new issue. IN- DUSTRIAL. Shanghai Gas shares were sold at Tls. 124 cum new i-sue. International Cotton Mill shares were sold at Tls. 40 and China Flour Mill shares at Tls. 10 for April. Tuos AND CARGO BOATA. Shanghai Cargo Boat shares were sold at Tls. 150/145. MISCELLANEOUS.-hanghai Water- works shares are wanted. Maatschappij Lang- kat shares changed hands at Tls. 173, 1071 for December, 175 for February, 175/177) for March and 180 for April. Business was done in Hall & Holtz shares at $35, Central Stores at $26 and Astor House shares at $34. LOANS.-Debentures were sold-Shanghai Municipal 5 per cent. at Tis. 94, Shanghai Land 6 per cent. at Tls. 103 and 5 per cent. at 93, and Shanghai Gas 6 per cent. at
Tlɛ. 103.
Manila, 1st December (from Messrs. W. A. Fitton & Co 's Monthly Report). Since our last remained as reported the past few months; there is no business worthy of mention, and things generally are most unsatisfactory. Transactions.- None of sufficient importance to record here. The few people who have spare cash will reap a rich reward by any investments made at a time when almost everyone has lost all confidence in the position of affairs— political and otherwise. Action by Congress is imperative. Demand. Everybody in the city
circular our share market has
just now is too busy finding the wherewithal to pay his bills. This applies to 95 per cent. of the busi- ness people. The abnormally high expense of living, combined with the slump in silver, and a general feeling as to "don't-know-what-may-happen- next," has killed legitimate trading in even pay- ing concerns. The companies who are only clear. ing expenses are placed in an entirely fal-e position-a position unprecedented in the history of these Islands; distrust generally prevails. Silver. The opportunity to put exchange on a 2 to 1 basis passed months back, hat it is on the cards that the home government will be forced to take action and save the most serious situation now existing here. Merchants (importers and exporters alike) do not know at what price they can sell their goods day by day, and bankers are just as worried in their operations. A stable currency is imp rative, and we feel sure Washing- ton will act in the near future, more especially so with the advice of the level-headed men at the head of Insular affairs. It is fortunate that the Vice-Governor is now home; he understands the situation thoroughly, and will be of material assistance to the Governor in operations which, though they will prove costly to Washington. must of necessity tend to the henefit of the inhabitants of these Islands. Meeting.-The Varadero (anacao slip), as advised in our last circular, held their half-yearly meeting
in
| November. The result of working was satis
factory, especially so considering these hard times; a dividend of 6 per cent. on the half-year's working was declared. Reserve Fund now stands at $82,436.03; every credit is due to all concerned. and we can recommend the stock at our quotation, In other Eastern ports it would be much higher, and, we may mention, there are various concerns here handicapped similarly. Neither the Maulia Investment nor Philippine Tobacco Trust com- $23,sales sells.panies have announced their half-yearly meetings $5 $18,8ales & buy. although books should have been closed, and the $5 nominal.
accounts before shareholders and the public for $4 $81, sellers
some time. It may be that Goverment will have $10 $155.
to intervene with these dilatory companies, and compel those responsible to come out on time." General-Three months hack we were looked upon as pessimists; we knew what we wrote of, and events have proved the correctness of our (then) so.ewhat alarming statements. The situation gets worse, and we can look for no reli-f until Washington will leave things entirely in the hands of the Insular Government; it will be necessary to bring considerable cash here to keep things going,. nd the sooner Washington tackle seriously Exchange, Agriculture, Immigration of Coolies (no more merchants or shopkeepe s are required, as we mentioned previously), th better it will be, and the Insular Government will receive the avistance needed. We confirm what we mentioned formerly-that this country is purely and absolutely gricultural. Hemp, sugar, tobacco, copra, coffee, indigo, and, of course, rice are a few paying products til in their infancy a stable exchange and restricted coolie immigration would help everyone, and, incidentally. the Government.
VERNON & SMYTH, Brokers.
Shanghai, 10th December (from Me:srs. J. P Bisset & Co.'s Report). We have had rather a dragging market, Indo-Chinas and Docks ruling weak. Hongkong Bank shares have improved. Langkats remain firm. MARINE INSURANCE.— There in no local business reported, and no change in rate. FIRE INSURANCI-Hongkongs are offering at $341, and Chinas at $86. SHIP PING.-Indo-Chins S. N. shares were sold at Tis 671/65 cash, 681/66) for December, and 69/68 for March locally. MINING!hinese Engineering and Mining shares changed hands at Tls. 61 cash, *and 7.50, 7.00, 7.10 and 7.25 for December. Docks,
475
SHIPPING. ARRIVALS AND DEPARTURES SINCE LAST MAIL.
ARRIVALS.
December--
6. Eclipse. British cruiser, from Woosung. 6, Furst Bismark, ter flagship, from S'hai. 6, Hokoka Maru, Japanes str., from Canton. 6. Hunan, British str., from Tientsin. 6, Kachidate Maru, Jap. str., from K'notza. 6, Kinshin Maru, Jap, str. from Shanghai. 6. Sullberg, German str., from Canton. 6. Yuensang, British str., from Manila. 7. Amur. Russian str., from Can on. 7, Benmohr. British str., from W o-ung. 7, Derawongse, German str., from Bangkok. 7, Eastern, British str., from Austualis. 7. Esmeralda, British str., from ga gon 7, Haiching British str., from Coast Ports. 7. Hopsang. British str., from Cauton. 7. Lena, Norwegian str., from Sourabaya, 7, Lyeemoon, German str., from Canton. 7. Nouui, Russian str., from Chinkiang. 7, Saphir, Norwegian str., from Chinkiang. 7, Sooncari, Russiau str., from Ch-foo. 7. Taurus, Norwegian str., from Moji. 7, Tingsang, British str., from Wuhu. 7, Woosung, British str., from Shanghai. 7, Zafiro, British str., from Manila. 7. Haiphong, French str., from Haiphong. 7, Toonan, Chinese str., from Shanghai. 8. Capri, Italian str.. from Singapore. 8. Cheltenham, British str., from Kangoon. 8. Empire, British str., from Moji.
8, Grin, Russian str., from Newchwang. 8, Hongkong. French str., from Haiphong. 8, Hue, French str., from Haiphong. 8. Ness, British str., from Moji.
8, Nurnberg, Germau str, from Hamburg. 8, Osaka, British barque, from Canton. 8, S. Rickmers, Brit. str., from Balik Papan. 8. Tremont, British str., from Moji.
9, Cl ve, British troopship, from Singapore. 9, Helena, US, gunboat, from Cantoù. 9. Kiautschou, German str., from Shanghai. 9, Koun Maru, Japanese str., from Moji.
9, P. C. C. Klao, Gorman str., from Bangkok. 9 Siam, British str., from Singapore. 9, Taifu, German str., from Mauritius. 9, Thales, British str., from Swatow. 9, Triumph, German str., from Canton. 10, Daigi Maru, Japanese str, from amsui. 10, Gaea, Norwegian str., from Saigon. 10, Halvard, Norwegian str. from Murorau. 10, Hsiping, British str., from Canton. 10, Kwanglee, Chinese str., from Canton. 10, Lighting. British str., from Calcutta, 10, Loongmoon, Germ n str., from Canton. 1. Robt. Dickinson, Brit. str., from Singapore. 10, Rosetta Maru, Japanese str., from Manila. 10, Sentis, Norwegian str., from Chinkiang. 10, Taisang, British str., from Shanghai. 10, Tantalus, British str., from Amoy. 10, Victoria, Swedish str., from Straits. 10, Whampoa, British str, fr. m Canton. 11, Charterhouse, British str., from Moji. 11, Frithjof, Norwegian str., from Haiphong. 11, Hailoong, British str., from Swatow. 11, Hikosan Maru, Japanese str., from Moji. 11, Hoihow, British str., from Shanghai. 11, Indrasamha, British str., from Portland. 11, Kauagawa Maru, Jap. str.. from Y'hama. 11, Konig Albert, Germanstr, from Bremen, 11, Loksang, British str., from Canten. 1. Shanghai. British str, from Yokohama. 11. Tsungisan Maru, Jap, str., from K'ntozu 11. Wuhu, British -tr, from Wuhu. 12, Apenrad, German str., from Haiphong. 12. China, German str., from Samarang. 12. Lodsen, Norwegian str., from Chinkiang. 12, Michael Jebsen, Ger. str., from Haiphong. 12, Oopack, British str., from Liverpool. 12. Prometheus, Norw. str., from Muroran, 13. Anping, British str., from Shanghai. 13, Dagmar. Norwegian str., from Amoy. 13. Evie J. Ray, Amr, bark, from Rajang. 13. Hanoi, French str., from Haiphong. 13, Indos, French str, from Yokohama. 13, Kalgan, British str., from T ngku. 13 Orono, British str., from Foochow. 13. Prinesse Marie, Dun. str., from Shanghai. 13, Rubi, British str, from Manila. 13, 8 eipner, Norwegian str., from Manila. 13. Thales, British str., from Swatcw. 13, Tydens, British str., from Liverpool. 14, Alciuous British str., from banghai. 14, Ariake Maru, Jap. str., from Kutchinotza. 14, Brand, Norwegian str., from Chiakiang.