December 17, 1904.]
SHARE REPORTS.
HONGKONG, 16th December, 1904.-There is but little business to report this week, either of an investing or speculative nature. Rates generally have been adversely affected by the approaching settlements, a threatening tight- ness of money, and last but not least, the con- tinued advance in the sterling rate of exchange with the consequent inducement to realise stock for remitting purposes.
With all our local companies bowever doing well, and in many Cases exceedingly well, it can only be a matter of tim before rates improve again.
BANKS. Hongkong and Shanghais bare been negotiated at $715 in fair lots, market closing with probable further buyers at that rate. The London rate has advanced to £70.10. Nationals remain unchanged and without business at $39 sellers;
MARINE INSURANCE.-Unions have changed han is at 8705 and $7 0, closing with probable buyers at the latter rate. China Traders con-
tinne quiet with further sales at $54. Yang tszes have changed hands at $150 while North Chinas have receded to Tls. 96. ¡
FIRE INSURANCES. ——— Remuiu unchanged with only a small business in Hongkongs at $335 and Chinas at $90.
or
SHIPPING.-Indo-Chinas continue more less erratic, with sales between $128 and $139 for the end of the month; at $133 and $134 for March; and $136 and $137 for June, The Shanghai rate has ruled fairly steady at Tls. 92, and at one time during the week looked like advancing considerably. Sellers from Hongkong however appear to bave checked any advance, and at time of closing shares are offering locally at 8128) and in Shanghai at Tls. 91 London rate has advanced to £12. 28. 6d. Hong kong, Caton and Macaos after a small sale at $29 bare declined to $28 with 8 les, closing with sellers at the latter rate. Douglass have declined $334 with sales, but are enquired for at that rate. Shells are offering at 25/6.
The
REFINERIES-China Sugars have further declined to $228 sellers with little or no cash business. On time a few parcels have changed hands at 824) and $241 for April; at $253 for August, and at $255 for September delivery. The temporary weakness is attributable to the approaching settlements. Luzons after further sales at $21 have been placed at $20 and $19, aud close with sellers at $17.
MINING. Raubs remain on offer at 84 without business. There is no business to re- purt under this heading.
DOCKS WHARVES, AND GODOWN8.-Hong kong and Whampoa Ducks showed a little firmues: in the early pa t of the week, and sales were effected at £216.8217 and $218 cash, market closing at $217. Hongkong and Kowloon Wharves remain quiet and without business at quotation. Farnhams have experieno-d rather a heavy drop in Shanghai, ani our local rates have been proportionately effected. Small local sal s have taken place a Tls. 170, 167 and 166, while the rate in Shanghai fell from Tls. 174 to Tls. 163, which last is the closing rate.
Lands, Hotels, AND BUILDINGS.-long kong Lands have changed hands ju small lots at $148 and more shares are obtainable at, the rate. West Points have declined to $59 sellers
without any sales. Hongkong Hotes after sales at the advanced rates of $142 to $145 olose with sllers at the latter rate. Humphreys continue quiet without change or business.
COTTON MILLS.-With the exception of an
advance in Hongkong Cottons to $134 buyers, we have nothing to report under this heading.
MISCELLANEOUS.-China Borneos, after sales at $13, are enquired for at $134 to $133. China Providents have changed hands at $94. Green Islands at $31 and $30 and New Watsons at$12), Hongkong High Level Tramways have declined to $280 without sales and in Watkins, sellers replace buyers at $94. Powells have advanced to $12 wi. buyers.
MEMOS.-Hongkong High Level Tramway Co.. ordinary annual general meeting on 23rd instant, transfer books closed from 20th to 26th instant. Humphreys Estate and Finance Co. call of 87.50 on shares not fully paid up (new issue), dus 2nd January, 1905.
CHINA OVERLAND TRADE REPORT.
Closing quotations are as follows : -
COMPANY.
Banks-
Hongkong & S'hai...
Natl. Bank of China!
A. Shares B. Shares
Foun. Shares... Insurance -
Union China Traders North China... Yangtsze...... Canton.. Hongkong Fire
China Fire Steamship Coys.-
1., Canton and M... Indo-China S. N. China and Manila... Douglas Steamship Star Ferry..
Shell Transport and
Trading Co...... Do. prof. shares. Refineries-
China Sugar Luzon Sugar...... Mining--
Charbonnages Raubs Docks, Etc.-
H. & W. Dock H. & K. Wharf & G.
New Amoy Dock
PAID UP.|
$126
QUOTATIONS.
$715, sales L'don, £70. 108.
28 $39, sellers £8 $39, sellers £1 $10, buyers
$100 $710
$25 $58,sales&sellers
£5 Tls. 96, sellers $60 $150, sales $50 $250, buyers
$50 $335 sales&buyers $20 $90, sales & buyers
$15 $281, sellers 210 $128, sellers $50 $24, sellers $50 $331, buyers $10 $40, sellers $5 $30, sellers
£125/6, sellers
£10 £3. 10s.
$100 $228, sellers $100 $17, sellers
Fes. 250 $490
18/10d. [$41, sellers
S. C. F. Boyd & Co.... Tls. Land and Building--
Hongkong Land Inv.
Kowloon Land & B,
West Point Building Hongkong Hotel Humphreys Estate. S'hai Land Ins. Co., Ld.
Cotton Mills---
Ewo
International Laou Kung Mow Soychee Hongkong Companies- Alhambra Limited.... Bell's Asbestos E. A... China-Borneo Co., Ld. Campbell, Moore & Co.
China Prov. L. & M... Dairy Farm
Geo. Fenwick & Co., Green Island Cement.
Hongkong Electric Hongkong & C. Gas....
H. H. L. Tranıways... Hongkong Ice. Hongkong Rope... Hk. Steam Water-
Boat Co., Ld........ Phippine Tobacco) Trust Co., Ld.... Shanghai and Hong- kong Dyeing and Cleaning Co., Ld.) S. C. Morning Post Tebrau Planting Co.... China Light & Power
Co., La.
Steam Laundry Co., United Asbestos
Do.....
Watkins, Ld
Watson & Co., A. S.
$50 $217, sellers $50 $114, fellers $61 $27, sellers 100 Tls. 163
$100 $148, sellers $30 $381, buyers $50 $59, selles $50 $145, sellers $10 $12, sellers $21 $5, sellera Tls. 50 Tls. 117
Tls. 50 Tla. 25, buyers Tls. 75 Tls, 20 Tis. 100 Tls. 321 Tls. 500 Tls. 160, ellers $10 $13), sellers
$200 $100, buyers 12/6 $5
$10 $40, buyers $12 $134, buyers $10 $93, sales &buyers
$6 $30, buyers $25 $45, sellers $10 $30, buyers $10 $15, buyers $5 $9, buyers £10 $160, buyers $100 $280
$25 $255 $50 $150, buyers $10 $20, sellers
$10 $9, sellers
$50 $50
$25 $211, buyers $5 $1.75, sellers $10 $10, sellers
$5 $7
$3 $4, sellers $4 $91
$10 $180
$10 $94, sellers $10 $13, sellers $10 $12,sales sellers $10 $12, buyers
VERNON & SMYTH, Brokers.
William Powell, Ld.
Messrs. J. P. Bisset & Co., in their Share Report, dated December 9, state :---Since our last issue rates of principal stocks, viz: Indo-Chinas, and S. C. Farnham, Boyd & Co., Ld. have been well maintained, except in the case of Shanghai and Hongkew Wharves, which have sustained a fall of nearly Tls. 10. A subsidence of the Tunkadoo Wharf took place on the 5th inst., but we hear that no very serious damage has been done. In other stocks there is nothing of interest to report. The T.T. rate on London to- day is 2/81. Banks-Hongkong and Shanghai Banks. No transactions have been reported, but the price in the South has advanced to $715.
459
The London quotation is £70. Marine and Fire Insurance.Yangtaze Insurances have changed hands at $148 and $150. North China Insurance. There are some shares in the market at Tls, 96. China Hongkong Fires hare buyers at $335. Fires have buyers at $90. Shipping.-Indo-
Chinas.
There is no actual change in the rates to report this week. Transactions have been reported at Tls. 92 and 91} for December 944 and 94 March, closing steady at quotations. There is one transaction at Tls. 96 April to record. Docks and Wharves, S. C. Farnham, Boyd & Co., Ld..
opened with sales at Tls. 177, 178, and 1761 for December, Tls. 179 and 178 January, 182; and 182 March. The price, however, weakened since, and the closing quotations are 173 cash, 174 December and 180 March. There is no news as yet of an interim dividend, nor has any telegram been received from London with regard to the sale of the property since the one we referred to last week. Business in this stock is mostly con- fined to clearing up outstandings for December settlement. Shanghai and Hongkow Wharf. serious decline has taken place in rates. Business commenced at Tls 160 December, but on the
A
news of the damage to the Tunkadoo Wharf the price fell on the 6th inst. to Tls. 155, 152 and 181- December c n.i. A slightly better tone prevailed the following day when the news that no serious damage had taken place was learnt, and at the close there are buyers at 154 December. The forward market, however, is weak and there are sellers for March at Tls. 155. Sugar Co's. China Sugars are quoted from the South at $235 sellers. Luzons. On orders from the South the price of these shares, which are so little dealt in, has advanced from $10 to $15, closing with buyers. We cannot throw any light on the reason for this advance at present. Mining.-Weihaiwei Golds. On the news of the first crushing, which for 1900 tons crushed yielded bullion 87 ounces of gold, 59 silver, and concentrates 79 ounces of gold and 461 silver, the market fell from $32↓ to $21 sellers, and no shares can be placed at this rate, although Lands.- nothing lower has been reported. Shanghai Lands. A transaction is reported at Tls, 117 Hongkong Lands have been placed at $143. Industrial-Ewo Cottons have changed hands at Tls. 25. Shanghai Gas shares were dealt in at Tls. 105 cash, but a lot of shares which were. forced on the market for immediate cash were sold at Tls. 101. There are buyers at this rate. Shanghai Ice Co. $hares have improved to Tls. 19 cash. China Flours are reported at Tls. 175, Maatschappij, &c., in Langkats. A considerable business was done in the early part of the week in this stock at Tls) 290 for cash and December and 305 March, but at the close 287) was reported for December and for March 303 and 3024. The market is steady at these quotations, Shanghai Sumatras] A sale is reported at Tls. 65}: Stores and Hotels! -Astor House Hotel Shares have been placed at $28. Hotel des Colonies at Tls. 20 and 21 December. Miscellaneous.—— Telephones were again dealt in at Tls. 68. Loans and Debentures.-Shanghai Land Debentures 5 : per cent. have been placed at Tls. 89 and 91.
TONNAGE.
HONGKONG, 16th December. --There has been a limited demand for tonnage during past two weeks, and only a few charters put through, principally from Japan to Hongkong. From Saigon to this, 16 and 17 centa per picul might be obtained for a small prompt steamer; to Philip- pines, 80 cents per picul last; to Java, no demand; to Japan, 40 cents. From Wuhu to Canton, 25 candareens per picul! Hence to Kobe, 30 cents per picul. From north coast Java to this, 25 centa for diy and 30 cents per picul for wet sugar. Coal freights continue firm. From Moji to this, $2.25 to $2.30 per ton; to Manila, $4; to Singa- pore, $2.40 per tod Time charters :-A large number of steamers have been closed in Shanghai at good rates.
The following are the settlements:- Stanley l'ollar - Danish steamer, 1,857 tons, Moji to Hongkong, $2.30 per ton.
Hopsang-British steamer, 1,359 tons, Moji to Hongkong, $2 80 per ton.
Hinsang-British steamer, 1,536 tons, Moji to Hongkong, $2.30 per ton.
Orange-Norwegian steamer, 1,001 tons, Moji to Hongkong, $2.8 per ton.
Ardova-British steamer, 2,271 tons, Knchi- notzu to Hongkong, $2.80 per ton.
Elg--Norwegian steamer, 708 tons, Saigon to
Telemachus-British steamer, 1,840 tons, Saigon Manila, 30 cents per pioul.
to Hongkong, 15 cents per picul