May 29, 1905.]
EXCHANGE.
1/108
Documentary Bills, 4 months' sight 1/11,
MONDAY, 29th May.
ON LONDON. —
Telegraphic Transfer Bank Bilis, on demand Bank Bills, at 30 days' sight
Bank Bills, at 4 months' sight
1/101 ..1/10 2
Credits, at 4 months' sight
.1/101
ON PARIS-Bank Bills, on demand...237
Credits 4 months' sight
ON GERMANY.-On demand
241 1934
ON NEW YORK.-Bank Bills, on demand 46
Credits, 6 days' sight
461
ON BOMBAY,Telegraphic Transfer 14'4
Bank, on demand ...
1411
ON CALCUFIA.—Telegraphic Transfer 1414
Bank, on demand
141
ON A HANGHAL-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.-On demand SEVEREIGNS. Bank's Buying Rate GOLD LEAF, 10 fine, per tael
BAR SILVER
per z.
SHARE REPORTS.
71 72
921 921
5) p.c.pm. 113 1}p.c.pm.
1 pc.pm.
6 1 310 15
54:0 271
HONGKONG, 26th May, 1905.-The continued slackness and restriction of business has affer' ed rates during the week under review, and web ve to report several declines. The market generally, may be said to be a selling one, relieved only by a few occasional unimportant investing orders.
BANES-II ogkong and Shanghais ruled firm during the early part of the week and sales were made at $796 and $797; later, however, in sympathy with a sudden drop in the London rate tol £79, the market weakened and sales were effected at $7924. The market closes fairly steady at that rate. Nationals remain unchang. ed and without business.
MARIE INSURANCES.-Unions continus on offer at 8695. China Traders have further improved their position, and after small sales at 859. 860 and $61, close firm at the last rate. Cautous can be placed at $315. but no sellers come forward. Yangtzzes and North Chinas remain unchanged, and without business.
FRE INSURANCES.-Small sales have been
put through at $300, but sellers rule the mar ket at the close. Chinas have changed hands in small lots at 336 and more could be placed at that ale.
SHIPPING. Hongkong, Canton and Macao remain unchanged with a small business at 827. Indo-China, notwithstanding a rise in the Londou rat of 5/- (to £12), have ru'ed very quiet with limited sales at $124 cash and for the settlement; forward shares are on offer at equivalent rates but very little business has been tr nsicted. The immediate future of the market depends a great deal which is expected shortly to be declared; the latest quotation from Shanghai is Tls. 87. Douglases could be placed at $35, but no shaies appear to be available. China and Manilas have changed hands at $214 and $22. Star Ferries and Shel's are procurable at quotations, but we have no sales to report.
OB
the dividend
REFINERIES-China Sugars continue up- changed with but little business. Small sales more or less forced have been made at $220 and $222, but the market is still in a mor or les artificial condition. Luzons are still enquired for, but a shares are obtainable at the rate quoted
MINING.–No change or business to report DOCKS, WHARVES, AND GODOWNS.-Hone- kong and Whampoa Docks bave continu-d quiet with au inclination to weakness, in the abs-nce of favourable news from the Sully fell
of operations; and, after small sales during the week at $203, further shares could not be obtain- ed at the rate, the market closing with sellers at. $207, Hongkong and Kowloon Wharves having been quoted at the more or less nominal rate of "$105 sellers" for some time, have found sel'ers willing to supply the market at th reduced rate of $102, and although a few more shares could probably be placed, the market Farn- clos s anything but strong at that rate. hams have ruled quiet between $155 and $157 closing at the latter rate. New Amoy Docks unchanged and without business.
|
CHINA OVERLAND TRADE REPORT.
LANDS, HOTELS AND BUILDINGS.-Hong- kong Lands, after further small sales at $125 and $124 in the early part of the week, have declined to $123, at which last rate the market closes with sellers. Hotels are ra1her easier with
sellers at $145 in place of buye's. Humphreys have ruled with sell-rs at $13, and a sale is reported at $124. Kowloon Lauds, after further small sales at $40, remain on offer at that rate.
COTTONS.-EWos have beau placed locally at $36 and Hongkongs continue on offer at $164 without sales, other quotations are taken from Shanghai.
|
339
Messrs. J. P. Bisset and Co.'s Share Report for the week ending May 18th, 1905, states- We have to report a considerable business during the week under review, principally in Farnhams and Langkats. The market for the former has risen during the week about four points, while in Lankats there was a considerable fall owing to the announcement of the dividend for the quar- ter, payable on the 15th June, of Tls. 5. The T, T. sight rate on London to-day is 2/7). Banks. - Hongkong and Shanghai Banks. Shares have been placed locally at $797, ex 724. Shares are still wanted in the South. Marine & Fire Insurance.— No business reported. Shipping.-Indo-Chinas are very quiet. One transaction for June is reported at Tis 92 and for cash at Tls. 90.
MISCELLANEOUS-China Borneos have been placed at $13 and $12 Electrics (old) at 817.90 and Watsons at $13. Hongkong Tram. Ordinary Tag Shares have been placed at Tls, 58
ways are enquired for at 8215 and new Landries at $5. A few Steam Waterboats are on offer at 817) and Green Islands (new) at $163, while a small demand for the later remains unsatisfied at $163.
Closing quotations are as follows :-
COMPANY
Alhambra Banks-
Hongkong & S'hai.. National B. of China Bell's Asbestos E. A China-Borneo Co....... China Light & P. Col China Provident Cotton Mills-
Ewo... Hongkong International
Laou Kung Mow Soychee Dairy Farm
Docks & Wharves—
$125
PAID UP.
QUOTATIONS.
$200 $100, buyers
(879, uyeis London, £79. $37, buyers 351, buyers 12 $13, sallers $10 $9, buyers $10 88,60, buy' rs
£7
12s. 6d.
Tls. 50 Tls. 36, sales
$10 $16), sellers Tls. 75 118. 371, buyers Tls. 100 Ts. 40 Tis. 5
Tls. 180, sellers $17, sellers
$6
100 $50
Tls. 157, buyers
103, sellers
$50 $203, sellers $61 $21, ellers TIs. 100 Tls. 187
Farnham, B & Co...TI. H. & K. Wharf & G. 11. & W. Dock New Amoy Dock.. S'hai & H. Wharf. Fenwick & Co., Geo...
G. Island Cement. Hongkong & C. Gas.. Hongkong Electric.
Do New
H. H. L. Tramways. Hongkong Hotel Co... Hongkong Ice Co..... Hongkong Rope Co... H'kong S. Waterboat Insurance
Canton China Fire.. China Traders Hongkong Fire. North China.. Union Yangtsze Land and Buildings-
H'kong Land Invest. Humphreys' Estate Do. New Kowloon Land & B. Shanghai Land... Wost Point Building| Mining-
Charbonnages Raubs....... Philippine Co. Refineries-
China Sugar Luzon Sugar... Steamship Companies,
China and Manila... Douglas Steamship
H., Canton & M. Indo-China S. N. Co. Shell Transport Co.'
Do. Preference.. Star Ferry
Do. New..
Shanghai & H. Dyeing South China M. Post. Steam Laundry to.....
Do. New... Stores & Dispensaries.
Campbell, M. & Co.j Powell & Co., Wm. Watins..
Watson & Co., A. S.! United Asbestos.
Do. Founders
$25 $331, buyers $10 $261, sales
$5 317, sales & sellers £10 $100, buyera $10 $171, buyers
$5 $114. sales & buy. $100 $215, buyers $50 $145, sellers 325 32421
and Pref. at Tls 48) and 47. Docks & Wharves.~~ S. C. Farnhams. The market opened on the 11th with sales at Tls. 154 for May; Tls. 156 for June; Tls. 157 July. On the 12th Tls. 1571, 159 for July; on the 13th Tls. 156 for cash; Tls. 158/60 for June; Tls. 163 for September. On the 15th Tls. 158 for May; Tls. 1644 for September. On the 18th Tls. 158 for May, Tls. 181 for June and Tls. 165/66 for September. On the 17th Tls 159 for cash, Tls. 163/1631/164 for July; Tls. 165 Aug- ust and Tls. 168, 167) September. At closing the market is easier with July shares offering at Tls. 162). S. & H. Wharf Co. The market has been fairly steady with an upward tendency during the week. Cash shares have been placed at Tls. 197; for July Tis. 194/195; August Tla. 1971; September Tls. 191/195 and Tls. 97), and for October Tls. 196} and 200. The Market closes quiet. Sugars.-Peraks have been placed at Tls. 60, and 70 for September Mining.-A transaction in Chinese Engineering and Mining Co, Sharos is reported at Tls. 7.35 Lands.-Shanghai Lands have been placed at Tls. 116 and 117). The market is steady at the last quotation. dustrial-In Coton stocks Laou-kung-mowa have been placed at Tl. 40; Ewos at Tls. 37). At closing a transaction is reported in Ewos at Tls. 35; this is for a very small lot. Paper and Pulps have been placed at Tls. 4521 for cash and Tis. 1571 July. Major Bros, changed hands at Tls. 65. Shanghai Ices at T. 25. Langkats. The market opened on the 11th and 12th with sales for cash at Tls. 235; 240 June; 242) July. On the 13th shar's changed hands at Tls. 235 May; 'Ils. 2351, 235 June; Tls. 238/37) July and on the 15th Tls.. 235 for cash and May; Tls. 237 June; Tls, 240/ 39/38 July; Tls. 241 August; Tls. 2431 Septem- ber; Tls. 247 October. On the 16th, the day on
In-
which the directors advertised that a month hence a second interim divided of Tls, 5 per share would be paid, the market showed a disappoint- ment of shareholders by falling to Tla. 217) cash :0 817), sales & sel. with sales for May at Fls. 220 and 217) June
$50 $152
$50 8315, buyers
$20 $86, buyers
$25 $61, buyers
$50 $300, sales & sel.
£5 Tls. 82
$100 $695, sellers
$60 $160
$100 $123, sellers $10)
310
$13, sellers
$30 $40, sellers Tls. 50 Tls. 119, buyers 350 $55. sellers
Fes.250 3490
18.10 $34, sellers $10 $94, sellers
$100 $222, sellers $100 $30, buyers
$25 $211, buyers $50 335, buyers $15 $27, sales £10 $124, sellers
£123s, sales £10 £8. 10s.
$10 837
$5 $28, sellers $57 $50 $25 $23, buyers
$5 $7 $3 $5, buyers
$101 $36 $10 $11, sellers $108,.sellers
$10
131, sellers $13, sellers
3+ [391 $10 $180
VERNON & SMYTH, Brokers.
222) and 220; July Tla 23/274/25; August Tls. 225; September Tls. 237; and 225. On the 17th the price strengthened and cash shares were pur- chased at Tls. 220 and 221, with sales for May at Tls. 220; Tls. 225 June; 1ls. 226/27) July; August Tls. 227, and 230; September Tls. 230 and October Tls. 235. At closing the market shows a continued improvement, and offers for shares are wanted. Suinatras have been placed at Tls. 67, 68, and 72 July. Stores & Hotels.- Aator House have been placed at $30, 311, 33 and 34; there are sellers at the latter rate; $35} September. Weeks have been placed at $19, 19) and again at $19. Lane and Crawfords charged hands at $145. Miscellaneous-Horse BazaarI
were placed at Tls. 80. Telephones at Tls. 68. Loans & Debentures -Municipal 6 per cent. de- benture at Ils. 98, and Perak Sugar 7 per cent. at Tls. 98.
FREIGHTS.
Messrs. Wheelock & Co.'s Freight Market Re port, dated Shanghai 11th May, 1905, states:-Our Homeward Freight Market remains about the same with no improvement to speak of. For New York via Suez, cargo is still very scarce, but will of course improve a great deal on the opening of the Tei seison which, however, is still some way off. In connection with this we may note that the rumours that the rates on Tea were to be raised to 36-0 and perhaps 37-6 via Suez, and to là cents gold via the Pacific, were without foundation, as we now hear definitely that the rates will remain as before. Coastwise. This market is not as strong as at last writing, and coal freights parti- cularly are weak, having dropped from $2.00 to $1.25, Moji to Shanghai. This drop is due entirely to the lack of stocks in Japan, as handy steamers for this trade are not over plentiful. here notify coal shippers that from the 1st May the extra harbour dues at Wakamatsu have been raised from 5 sen to 10 sen per ton on the steamer's dead weight capacity.
We may