249
STARE REPORTS.
THE HONGKONG WEEKLY PRESS ANE
MISCELLANEOUS.—China Borneos have been placed at 11 and 103, closing with sellers at the HONGKONG, 10th April, 1908.-The market former rate. China Provid nis have found. has ruled active, and although it received a
buyers at 8 and 9, closing with Bagers at the check n a weakness in Banks, and in some former, and sellers at the latter rate. Dairy what weaker feeling in Sugars (the firmness in Farms and Electrios have improved to 18 and which two items last week was responsible to 16, without any business to report. Ropes, some extent for the improvement in the market Union Waters, and China Lights have advanced reported by us), a fair business has been trans. to 28, 11 aul 6, respectively, with sales at those acted, and the market closes generally steady to and at rates interm diate between them and last firm. Business put through has beau chiefly in week's quotations, Cements have changed the smaller stocks, the larger and n ore impor hauds during the week at 11 and 11t, closing tant ones having been somewhat neglected. fairly steady at the higher rate. We learn that The better feeling reported in ur last con- the General Managers and the Consulting Com tinues, and there is still more of a speculative de-mittee have decided to pay a final dividend of mand than has existed for sometime. Exchange on London T/T ls. 10,5d; on Shanghai 74.
BANKS Hongkong and Shanghais: With a gradual fall on the London market to £73. 108. our market has ruled weak, and the rate fell to $6924, without sales. At time of closing sellers ule the market at quolation, and it is most probable that a lower one would be ac cepted. Nationals continue in demand at 51 but no shares are available, and we have heard of Lo sales.
MARINE INSURANCES. —Áfter further small sales of Unious at 842 the market weakened and some small lots were put forward at 84a, at which latter rate we quote likely sellers. Yangtses, have declared a dividend of 25 per cent. for the 1906 s/o, but we have no local sales to report. Cantons and North Chinas remain unchanged and without business.
FIRE INSURANCES.-Hongkong Fires have improved to 307), after small sales at 3024 and 305, the market closing with furtbor buyers at 3073. China Fires have also improved and after sales at 89, are now enquired for at 9).
SHIPPING. Hongkong, Canton and Macaos conlinne neglected, and with the exception of small sales at 29 we have no business to repo t. At time of closing sellers at 291 rule the market. Douglases have changed hands at $40, and more shares could be placed at that rate. Indos are ruling weak, and it looks as though lower rates may be looked for in face of a fall on the London market to £2, 53. for Deferred
shares China Mauilas have further in proved to 15, and close in demand at that rate. Star Ferries have advanced to 31, after sales at 30 to 31, and close in further demand at the higher Shells have been in request all the week rate. at 45/- to 45/6, without bringing any shares in the market.
REFINERIES.-China Sugars after closing firm at the end of last week, shewed a slight weakness in the early part of this and the limit of the recent rapid advance seems to have been resohed, at any rate for the present. A few small sales were made at 13), but with further shares on offer buyers were not forthcoming and the market closes quiet with small sellers at 130. Luzons remain unchanged, & call for no remarks. MINING.-Raubs have ruled very quiet and the demand reported last week having been satisfied, we have no further sales or demand to report, while the market closes with sellers at 8.10 Chinese Engineerings are wanted in the North at 15/16, but there appear to be no shares availabl, and we have heard of no bugine s. Langkats bave declined to 455,
LANDS, HOTELS AND BUILDINGS.-Hong- kong Lands have declined to 98 with sales, but close with buyers at that rate. Kowloon Lands have found further buyers at 25, and a few more could be placed at that. West Points are obtainable at 49. Humphreys have been done at 10, and at time of closing are wanted to a limfted extent. Hongkong Hotels remain out of favour, and are obtainable at 97 without inducing buyers to come forward. Shanghai Lands have improved in the North to 119) with buyers, bat we have heard of no local sales.
DOCKS, WHARVES AND GODOWNS.-Hong- kong and Whampoa Docks have ruled firmer and with a small demand the rate has risen to 1034 with sales and bayers, Kowloon Wharves remain neglected at 53, and we have no sales to report. Shanghai Docks have ruled steady in the North at 80. Hongkew Wharves have b en further rush-d up in the North to 227, but at time of closing are rather quieter at 224.
COTTON MILLS. Ewos have advanced in Shanghai to 554, other Northern Mills remain. ing unchanged, Hongkong Coltons have been enquired for, and after small sales at from 9 to 10 close steady at the latter rate.
75 cents. per share. Watsons have been in some demand at 10 and a fair number of share, have changed hands at that rats.
Quotations are as follows:
COMPANY.
Alhambra
Banks-
¡PAID UP.
Ps. 200
QUOTATIONS.
Nominal
$6921, sellers Hongkong & S'hai...
$125
London £73-10. National B. of China 26 $51, buyers Bell's Asbestos E. A.....[12s. 6d. |$7} China-Borneo Co....... $12 $11, sellers
($10)
China Light & P. Co.
China Provident
Cotton Mills- Ewo......... Hongkong International Laou Kung Mow Soychee Dairy Farm
Docks & Wharves-
H. & K. Wharf & G.
H. & W. Dock ....... New Amoy Dock... Shanghai Dock and
Eng. Co, Ld ... S'hai & H. Wharf... Fenwick & Co., Gao... G. Island Cement.
Hongkong & C. Gas.... Hongkong Electric... Hongkong Hotel Co... H. K. Milling Co., Ld. Hongkong Ice Co... Hongkong Rope Co..... Insurances-
Canton
China Fire........ China Traders Hongkong Fire. North China... Union
Yangtsze Land and Buildings-
H'kong Land Invest. Humphrey's Estate Kowloon Land & B. Shanghai Land...... West Point Building Mining-
Charbonnages Raubs.
Peak Tramways Philippine Co. Refineries-
China Sugar. Luzon Sugar..... Steamship Companies China and Manila... Douglas Steamship H., Canton & M.
Indo-China 8. N. Co.
Shell Transport Co. Star Ferry
Do. New. South China M. Post. Steam Laundry Co. Stores & Dispensaries.
Campbell, M. & Co. Powell & Co., Wm. Watkina.... Watson & Co., A. S. Wiesmann Ld. United Asbestos
Do. Founders. Union Waterboat Co.
$6, buyers $10 $81, buyers
Tla. 50 Tls. 55)
$10 $10 Tla75 Tls. 55 Tla. 100 Tla. 75 Tls. 500 Tls. 260
$6 $18, buyers
$50 $53, sellers
$50 $103, buyers $61 310
Tls. 100 Tis. 80, sal. & buy. Tla. 100 Tls. 224, buyers $25 $13, sellers
$10 $11, buyers £10 $175
$10 $16, buyers $50 $97, sellers $25 $225 $100 $150 ·
$10 $28, buyers
$50 $210, sellers $20 $90, buyers $25 $91, buyers $50 $307), buyers
25 Tls. 81, buyers $100 $840, sales
581474 $60
($137)
$100 $98, sales & buy. $10 $10, sales & buy. $30 $25, sales & buy. Tls. 50 |TI, 1131
$50 $49.
Fes.250 $540, buyers
18/10 $810, sellers
$10 $13
$1 $2, sellers $10 $8, buyers
$100 $13) $100 $15
$25 $15, sales & buy. $50 $40, les $15 $29, sellers
$38
25 { $26
2145/- buyers $10 $31-
$6 815) $25 $23, buyers $5 $6, sellers
$10 $15, sellers $10 $5 $10 $2} $10 $10, sales $100 $165
$4 $11, buyers $10 $150, buyers $10 $11, buyers
VERNON & SMYTH, Brokers,
[April 13, 1908:
Messrs. J. P. Bisset & Co.'s share report for the week ending 2nd April, states:-The March Settlement took place on the 27th instant and passed off satisfactorily. Since then business has been fairly active and we have to record a smart rise in Maatschappij, &o., in Langkat shares. Shanghai and Hongkow Wharves have not Banks-Hongkong and Shanghai Bank Shares varied to any extent since last week's report.
have changed hands at $712) and there are further buyers at this rate. The T. T.'rate on London to-day is 2/6. Marine and Fire Insurance. There is no business reported. Shipping. Indo-China B. N. Co. A sale of preference shares has taken place at Tls. 80, and of the deferred at Tls. 16. Dooks and Wharves→ Shanghai Dock and Engineering Co., Ld: There have been no transactions reported this week, Shanghai and Hongkew Wharves: Our market opened on the 26th somewhat irregularly, rates varying between Tls. 217 and Tls. 222. On the Settlement Day a good demand set in for cash shares and a considerable business was transacted at Tls. 220 to Tis. 222). A single sale was reported at Tls. 225. There was no business on Saturday, but on Monday cash shares were disposed of at Tls. 220 with a sale reported at Tla, 225 for June. Since that time the market has been quiet and closing rates aro Tla. 218) cash and Tls, 224 for June. Sugar. No business reported this week. Mining. Ditto. Lands. We have to report a considerable advance in this stock. The market opening at Tls. 106 and a very strong demand the whole week having carried the rate to Tls. 110, large lots of shares have been dealt
Industrial. in and the market closes steady. Ewo Cottons have been in some demand at Tis. 55 cash and Tls, 56 for June. Shanghai Gas Co : Many transactions have taken place at Tls. 106. China Flour Mills have been dealt in at Tls. 50. Maatschappij, &c., in Langkats: On the 26th the market opened with cash shares quoted at Tls. 445, and Tls. 457) for June. Immediately the Settlement was over a demand for shares improved the rate to Tls. 447), and Tls. 462), subsequently followed by a sale at Tls. 465- Several orders for cash shares coming simul- taneously cleared the market at Tls. 450, and rates advanced in one spurt to Tls. 455, and Tls, 460. Considerable business was done yester- day at the latter figure, while for June rates at Tis. 470 and Tis. 472 prevailed, the market closing steady. Shanghai Sumatra Tabacco L'o: A further decline has taken place since our last issue, and sales have been reported at Tls. 90 for June and Tls 871 for cash. There is some demand at these rates. Shanghai Electric Construction Co: Shares have declined to £11 sellers. Miscellaneous.-There has not been any business of importance. Loans and Debentures.— Six per cent. Municipal Debentures have been placed at Tls. 99). Chinese Government Imperial Loans have been dealt in at par.
TONNAGE.
HONGKONG, 3rd April.-There has been a fair demand for tonnage during the period under review, but rates show no improvement. From Saigon to Hongkong, owing to a rise in price of rice locally during the early part of last week, several steamers were taken up at 13 to 15 cents per picul, but at time of writing not more than 141 cents is obtainable for small carriers, the rice To Philippines, market here closing very weak one fixture reported at 25 cents for Manila, 18 cents per picul extra for Tabaco and Legaspi. To North Coast Java, 24 cents last. To Japan and other ports, no inquiry. From Bangkok to Hong- kong, a handy sized carrier taken up for 2 trips at 30/23 cents per picul. From Java to Hongkong and Java, no demand. From Philippines, Oat wards, nothing doing. From Newchwang to Canton, 25 cents last and 26 cents offering. Coal freights remain steady. From South Japan Coal port to Hongkong, $1.40 last; to Singapore, $1.70; to Canton, $2.25. From Hongay to Hongkong, $1.40; to Canton, $1.80 to $2.00 per ton acord-, ing to size. Time charter. The Landrat Scheif has been closed at $7,500 per month for one option one trip hence to Salina Cruz and back. The following are the settlements :--
:
Reidar -Norwegian steamer, 2,276 tons, Moji t› Hongkong, $1.40 per ton.
Marcellus-German steamer, 2,438 tons, Moji ̧ to Hongkong, $1,40 per ton.
Kowloon-German stemer, 1,479 tons, Waka- matsu to Canton, $2.20 per ton.
Oceano-British steamer, 1,789 tons, Wakamatsu to Canton, $2.25 per ton.
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