December 26, 1904.]
SHARE REPORTS.
HONGKONG, 23rd December, 1904.- Our market has continued dull during the week, with weakness the predominating feature, al- though at the time of closing a slightly firmer feeling is apparent. The business which bas been transacted bas been almost entirely for settlement account; investing and new specula- tive business being almost at а standstill. The continued firmness of sterling exchange is. the chief cause for the latter feature of the market. The settlements for the end of the mouth are now practically all arranged, and any anxiety as to their issue, if ever there were any real grounds for sach, is entirely dispelled as far as Hongkong is concerned.
BANKS.-Hongkong and Shanghais continue very steady with small sales at 8715, the market closing with probable further small buyers at that rate, although it is likely that larger parc-ls are obtainable. The London rate remains at £70. 10. Od. Nationals remain unchanged at $39,
CHINA OVERLAND TRADE REPORT.
COMPANY.
Closing quotations are as follows:-
PAID UP. QUOTATIONS.
$715, sales (L'don, £70. 102.
Banks-
Hongkong & S'hai... Natl. Bank of Chinal
A. Shares B. Shares Foun. Shares.. Insurance —
Union China Traders..... North China... Yangtsze..
Cantou... Hongkong Fire China Fire
Steamship Coys.---
II., Canton and M........ Indo-China S. N. China and Manila... Douglas Steamship
Star Ferry.........
Shell Transport and
Trading Co....... Do. pref. shares. Refineries--
China Sugar Luzon Sugar
MARINE INSURANCES. Unions have again changed hands at $700, but close with a few shares offering at the reduced rate of $690, Can- tous remain unchanged and without business. China Traders are obtainable at $58 with no sales to report. Yangstzes and North Chinas Mining— remain unchanged.
FIRE INSURANCES.--China Fires have changed hands at $9 and Hongkongs aro weaker with 8llers in place of buyers at $335.
SHIPPING. Indos Lave ruled weaker, the rate gradually falling to $126, chiefly owing to a weakness in Shanghai, the latter weakness being doubtlessly caused by the slump in Farehams and other local stocks, the immediate result of which was instructions from that port to Hongkong Agents not to sent up settlement shares, but to sell locally at the best price. At the time of writing a much firmer feeling is apparent both here and in Shanghai; and after small local sales at $127 the market closes firm at $1-27 buyers forward at rather batter than proportionate rates, whilst in Shanghai the rate has been to Tls. 90. Hongkong, Canton and Macaos have continued to rule weak with sellers and no sales at $234 and no buyers over $28. Douglases are enquired for at $331 after small sales at that rate. China and Manilas baro ohinged hands at $23. New Star Ferries have declined to $29 with sellers, and Shells to 25/-
REFINERIES, China Sugars in the early part of the week ruled very weak and business was transacted as low as $223 for the settlement.
later shares changed hands at $-24 and $225 the market closing with buyers at the latter rate. On time sales were effected at $235" and $232 for March, and at proportionate rates to June. Lazons have declined to $15, but buyers at that rate rule the market,
MINING. No business t... report. Raubs have further declined to $4,
DOCKS WHARVES, AND GODOWNS.---Hong- kong and Whampoa Docks have further declined to $216, after small sales at $217 and $216). Buyers will not offer more than $215. Kow loon Wharves have also declined to $112 with sellers and without sales. Farnhams have ru'ed very weak in Shanghai, the ate suddenly dropping to Tls. 153. At time of closing the local rate is $155 with small sale. While Shanghai quotes Tls. 153.
LANDS, HOTELS, AND BUILDINGS.-Hong- kong Lands have ruled weak with small sales at $148 and later at $146§. Hotels are slightly easier with sellers at $144. Other stocks under ths heading remain unchanged and without busiless.
COTTON MILLS.-Nothing to report. MISCELLANEOCs.—China Providents are ou offer at $91. Fenwicks at $45. Ioes at $255. Steam Waterboy's at $20. Green Islands have changed hands at $30. Powells at $12 and $123, and old Electrics at $15.
:
MEMOS.-Hongkong High-Level Tramway Co, ordinary annual general meeting on 3rd instant, transfor books closed from 20th to 26th instat. Humphreys' Estate and Finance Co. oll of $7.50 on shares not fully paid up (new issue), due 2nd January, 1905.
$125
£8 $39 £8 $39
£1310
1
$100 $690, sellers $25 $584, sellers
25 Tls. 96, sales & sel. $60 $150
$50 $250, buyers $50 $335 sel ers $20 $90, sales & buyers
$15 $281, sellers £10 $127 buyers $50 $23, sales $50 $33, buyers $10 $40, sollers $529, sellers
£125/-, sellers
£10 £3, 10:,
$100 $227, buyers $100 $15, buyers
Fes.250 $400
18,10d. $4, sellers
Charbonnages Raubs Docks, Etc.---
H. & W. Dock H. & K. Wharf & G. New Amoy Dock S. C. F. Boyd & Co....Tls. Land and Building--
Hongkong Land Inv. Kowloon Land & B. West Point Building| Hongkong Hotel
$50 $216, sellers $50 $112, ellers $61 $27, sollers 100 ls 155
$100 $147, sellers $30 $38, buyers $50 $59, sellers $50 $144), sellers $10 $12, sellers $21/5, sellers S'hai Land Ins. Co Ld.. Tls. Ts. 117
Humphreys Estate.
Cotton Mills-
Ewo
International. Laou Kung Mow Soychee Hongkong Companies--
Alhaubra Limited... Bell's Asbestos E. A...]
Campbell, Moore & Co. China-Borneo Co., Ld. China Prov. L. & M. Dairy Farm..
Geo. Fenwick & Co., Green Island Cement.
Hongkong Electric { Hongkong & C. Gas.... H. H. L. Tramways... 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 China Light & Power
Co., Lä.
Steam Laundry Co., United Asbestos
Do.....
Tls. 50 Tls. 25, buyers The 75 Tls. 20 Ps. 100 Ti8.30 Tls. 500 Tls. 100, sellers $10 $13, sellers
毚
$200 $100, buyers 12/6 $5
$10 $40, buyers $12 $131, buyers
$10 39, sellers
$0 $30, buyers $25 $45, sellers $10 $30, sales $10 $15, buyers $5 $9, buyers £10 $160, buyers $100 $265, ex div. $25 $255, se lers $50 $155, buyers $10 $20, sellers
$109, sellers
$50 $50
$25 $211, buyers $10 $10, sellers
$5 $7
$3 $4, sellers $4 $91 $10 $180 $109), sellers $10 $13, sellers $10 $12, sellers $10 $12, buyers
VERNON & SMYTH, Brokers.
Watkins, Ld Watson & Co., A. S. William Powell, Ld.
Messrs. J. P. Bisset & Co.'s in their Share Report dated 16th December, 1904, state:-The principal feature in our market during the past week has been the collapse in the market price of Weihaiwei Gold Mining shares, and we have to record an appalling fall during the week from $22 to $7. The fall is due to a circular issued by the Company calling for an informal meeting for to-day to raise immediate funds to save the shutting down of the mine. At the time of writing there is a better feeling regarding the stock, and shares are in demand at $8. In Farnhams, there is also a decline in rates from Tls. 175 December delivery to sellers at 169 December. Indos and Shanghai and Hongkew Wharves have maintained their
479
rates. The T. T. rate on London to-day is 2/84. Banks.-Hongkong and Shanghai Banks.-Buyers in the South offer $715 for shares. Marine and Fire Insurance.-The only business in Marine shares is in North China Insurances at Tls. 95 at which rate there are sellers. China Fires are The offering locally at $90. Shipping.-Indos. market during the week has ruled very steady opening at Tla. 911 December, rising to 92, 92) and 93 for March, and for April at 96. Shanghai Tugs (preference shares) have been placed at Tls. 48, and ord. at Tls. 52. Docks and Wharves,-~~- S. C. Barnham, Boyd & Co. A very large business has been done in shares during the week, mostly covering for December Settlement. The market opened on the 8th inst. with sales for cash at Tls. 173 and 175, and 175 December, 174 and 181. March. On the 9th at 1744 cash, 175 December. On the 10th at 175 December, 177 January, 181 March. On the 12th at 174, 178f and 172) Dec. 174) January, 178 and 176 March. On the 14th 172), 172, 171, 170 and 169 December, and 177 and 176 March. At closing the market is weaker with sellers at Tls. 169. Shanghai and Hongkew Wharves. A considerable business has been done in these in covering for the end of the month at Tis. 154 and 155 December, o.n.i., with sales for March at Tls. 157, The market closes quiet with no buyers, or sellers. Yangtze Wharf and Godown Co. These shares have changed hands at Ts. 187). Sugars ---A very large rise has taken place in Luzons. On the 7th quotations stood at $121, closing there are buyers at $21 in the South Peraks. This Company announces a dividend of Tis. 2, the meeting is called for the 19th inst. Mining. The only business in stocks under this heading is in Weihaiwei Golds, and these we have. referred to above. Lands.-No business reported. Small lots of Shanghai Lands are wanted at Tls. 117. Hongkong Lands are wanted in the South at $148. Industrial.-Cotton Stocks. The only business reported is the sale of Laou Kung Mows at Tls. 30, "The Ewo O. S. & W. Co. have issued their report for the year which will be presented to share holders on the 23rd inst. The profit and loss account now shows a balance of Tis. 12844.76, which is proposed to be carried forward to next account. Shanghai Ices have been placed at Tls. 19. Shanghai Paper and Pulps are offering cash and December delivery at Tls.170. Maatschappij, &c., in Langkats. Business during the week has been quiet, although rates have been very steady with sales at Tls. 302) and 305 för March, 305 April and for December delivery at 298). Shang- hai Sumatras, no business doing. Stores and IIutels. Weoks have been placed at $18. Mou- tries at $55 Hall & Holtz are offering at $29. Hotel des Colonies have been placed at Tls. 20}. Miscellaneous.—Only business reported is in Telephones at Tls. 68. Debenture Stocks.-noth- ing doing. Astor House 8 per cent. Debentures are enquired for..
7.
ON LONDON.-
EXCHANGE.
SATURDAY, 24th December.
Telegraphic Transfer
Bank Bilis, on demand
Bank Bills, at 30 days' sight
.1/111
1/11
1/11
Bank Bills, at 4 months' sight ...1/1
ON PAB18.-
Bank Bills, on demand... .. Credits 4 months' sight
Credits, at 4 months' sight
.1/118
Documentary Bills, 4 months' sight 1/ 14
944
2475
.......198
.477 48
ON GERMANY.—.
On demand
ON NEW YORK.-
Bank Bills, on demand Credits, 60 days' sight ON BOMBAY.—
Telegraphic Transfer Bank, on demand ON CALCUTTA,~~~
Telegraphic Transfer Bank, on demand ON SHANGĦAL,---
Bank, at sight Private, 30 days' sight UN YOKOHAMA.———
On demand
ON MANILA.-On demand ON SINGAPORE.--On demand... ON BATAVIA,—On demand ON HAIPHONG.-On demand ON SAIGON-On demand ON BANGKOK.—Ou demand
...144) .14
1441
1441
71}
ि
.951
..937
..24 p.c.pm.-
· 116,
1.0.pm.
1 p.opm.
61
SOVEREIGNS, Bank's Baying Rate......10.20 GOLD LEAF, 100 fine, per GAR SILVEE, par os.,
fael
.854.00 28-10