June 24, 1896.]
some effect on our market, and no immediate improvement in rates may be looked for.
BANKS.-Hongkong and Shanghai have again nearly dropped out of the market, and beyond a few sales at 190 per cent, prem. cash we have nothing to report. Nationals have re- mained on offer at $29, without finding buyers.
·MARINE INSURANCES.-China Traders con- inue on offer at $79, and $79 would in all probability be accepted by sellers. Unions have further improved to $2371⁄2 with small sales, and lose firm at that rate Cantons have changed Enda at $200, and more could be placed at the Straits have ruled quiet, and small sales ported at $281. Yangtszes and North have found small buyers at quotations.
INSURANCES.-Hongkongs have been negotiated at $337, closing at that. Chinas with a few parcels offering from Shanghai have been rather quieter with only small sales at $96 $97, market closing with sellers at $97. APPING.-All Shipping stocks have been or less neglected, especially Douglases and Hongkong, Canton, and Macaos, which close quiet after small sales at $63, $62), and $341 respectively. Indo-Chinas have found buyers if fair lots at $66, and China Manilas have changed hands at $73 and $74, closing firm.
REFINERIES-China Sugars, with a succes- insof selling orders from Shanghai and no buyers, have ruled very weak. The sistent demand for offers from Shanghai makes it appear as if no reasonable offer would be refused, but in the absence of actual business the quotation of $112 must be regarded as nominal. Luzons have also been freely offered from the North and small sales have been effect- ed at $68 and $66, market closing with buyers af latter rate, and enquiries from some quarters at a higher rate.
sales
MINING.-Operators in Punjoms have been hanging back for the result of the cyanide May clean up, which only came to hand yesterday. 880 tons tailings yielded 293 oz. bullion of an average assay value of £1 18s. per oz., equal to abt 140 oz. of their ordinary market gold. This was apparently not looked upon as satis- factory, and shares which had ruled steady all the week at $15 to $15 were now freely offered at $144; market closes at $144. Raubs have been quiet with only small at quotation. Olivers have ruled rather weaker at $8 for A. and 83.75 for B shares. Balmorals have also gone back a little, sales having been effected at $2.75 in small lots. We take this opportunity of contradicting the statement which appeared in our last two issues in re- ference to the transfer of these two Companies to the Anglo and Australian Co. The Gene- ral Managers of the Olivers on the 18th inst informed the public through the medium of the press that the transfer had not been com- pleted, so we presume the telegram as published in the China Mail of the 9th inst., and circulated among at the shareholders on the 10th, was incorrect.
DOCKS, WHARVES, AND GODOWNS.-Hong- kong and Whampoa Docks continue more or less neglected and we have no sales to report. Kowloon Wharves.-On the decision of the directors to lease the Wanchai Godowns for ten years, sales were effected at $54, $54), and $55 in fair numbers; later the market weakened and shares were freely offered at $53, with sales. At time of writing shares are steady at $52. Wanchai Godowns are enquired for at $45, but we have heard of no sales.
LANDS, HOTELS, AND BUILDINGS.-Hong. kong Lands have ruled steady and in demand at $72; sales have been effected at that rate and market closes steady. Hotels.-After a period of inaction in which holders vainly offered to sell, Hongkongs have fallen suddenly with sales to $26. The cause of this slump appears to be the failure of negotiations for an amal- gamation with the Mount Austin Hotel, which we learn were in progress.
MISCELLANEOUS.-Green Islands continue in favour at $174 with sales. Watsons have changed hands during the week at $12 and $12 closing with sellers. Electrics have ruled neglected but steady at quotation and at tine of writing could be placed in small lots at $7.10 ex div. Ropes have been a little quieter with small sellers, and no sales, at $126. Fen- wicks have also ruled quieter with small sales and sellers at $28.
CHINA OVERLAND TRADE REPORT.
Closing quotations are as follows :—
COMPANY. PAID UR QUOTATIONS.
Banks
Hongkong & S'hai... China & Japan, prf. Do. ordinary... Do. - deferred...
[$362-50 $125 190 ct. prem.
£5
nominal
£1 108. nominal
£1 £2, buyers
i
Natl. Bank of China $29
B. Shares
Founders Shares.. Bell's Asbestos E. A.. Brown & Co., H. G. Campbell, Moore & Co. Carmichael & Co....... China Sugar Dakin, Cruicks'k & Co.' Dairy Farm Co. Fenwick & Co., Geo.... Green Island Cement... H. & China Bakery Hongkong & C. Gas Hongkong Electric Hongkong Hotel H. H. L. Tranways Hongkong Ice
H. & K. Wharf & G... Hongkong Rope. H. & W. Dock Insurances-
Canton...... China Fire
£1 $115, sellers 15s. $7,
sellers
$50 $6, buyers $10 $5
$112, sellers
$20 $8
$100
$5
$10
$5
$0.00 sales
$25 $28, sales & sellers
$10 $17,sales $50 $30
£10 $100, buyers
$8 $7, ex. div. buyers·
$96
$100
$50 $26, sales
$25 $109
$50
$52, sales
$50
$126, sales
$125
183 p. ct. prem.
[$354,37, sellers
$50
$200, sales & sellers
$50
$97, sales & sellers
China Traders'
$25
$79, sellers
Hongkong Fire
$50
$337, sales
North-China
£25
Tls. 20
Straits Union
Yangtsze.
Land and Building-
H. Land Investment.! Humphreys Estate... Kowloon Land & B. West Point Building Luzon Sugar Mining
Charbonnages.. Jelebu
$20 $281, sales
$25
$237, sales
$60 $137, buyers
$50
$72, sales & buyers
$10 $9, sales & sellers $30 $181, sellers $40 $18, sellers $100 $68, buyers
.Fcs, 500 $72}
$5 $3, sales & buyers
$2.75
New Balmoral Oliver's Mines, A.
Do.
$3
B.
Punjom
Do. Preference.. Raubs Steamship Cors.-
China and Manila China Mutual Ord... Do. Preference... Douglas 8: S. Co....) H., Canton and M... Indo-China S. N. Wanchai Wareh'se Co. Watson & Co., A. S J
$5 $5, sellers
$24 $1, sellers
$4 $14, sales & buyers $1 $3.70
13s. 10d. $5.50, sales & sellers
£5
$50 $74, sales & buyers £7.10 sellers £8.10, sales & sellers $63, sales & buyers $15 $34, sales & sellers
£10
$50
£10
$37
$66, sales $15, buyers $10 $12.25.sal. & buyers CHATER & VERNON, Share Brokers.
527
Lands.-Shanghai Land Investment shares, fully paid up, bave been sold at Ts, 82 and Tls. 82. Hong- | kong Land Investment chases are wanted at $72. Industrial-Shares in Major Brothers were sold at Tis. 44, and are wanted. Holders now ask Tis. 45. Ewo Cotton S. & W. shares have been placed at Tls. 85. Miscellanrous. Shangbai Langkat Tobacco 'shares have changed hands at Tis. 650 and Tls 625, cash and Tls. 800 for the 30th No- vember. Shanghai Horse; Bazaar shares were sold at Tls. 66, and Hall & Holtz shares at Tls. 23. Quotations are:-
Hongkong and Shanghai Banking Corporation.
-$360.
National Bank of China, Ld.-$29,
National Bank of China, Id., Founders.-$115. Bank of China, Japan, and The Straits, Limited,
pref. shares.-Nomiuni.
Bank of China, Japan, and The Straits, Limited,
ordinary shares.-Nominal.
Bank of China, Japan, and The Straits, Limited,
deferred shares. £2.
Indo-China Steam N. Co., Ld.—Tls. 47. China-Mutual Steam Nav. Co. pref. shares.
£8.50.
China-Mutual Steam Nav. Co. ord. shores.---
£3 18. Gd.
Hongkong, Canton and Macao Steamboat Co.
-$336.
Douglas Steamship Co., Ld.-$60.
Royd & Co., Ld., Founders.--Tls. 300. Boyd & Co., Limited.-Tls. 207.50.
SC. Farnham & Co.-Tls. 210.
Hongkong and Whampoa Dock Co., Ld.-$3489. China Traders' Insurance Co., Ld.~$79).
North China Insurance Co., Ld.-Tis. 200.
Union Insurance Society of Canton, Ld.--$230. Yangtsze Insce. Assocn., Ld.-$135,
Canton Insurance Office, Ld.--$200.
Straits Insurance Co., Ld.-$28}.
Hongkong Fire Insurance Co., Ld.~$325.
China Fire Insurance Co., Ld.-$95.
Shanghai & Hongkew Wharf Co.-Tls. 125.
Birt's Wharf, Hide-curing and Wool-cleaning
Company.-Tİs. 55,
Hongkong and "Kowloon Wharf and Golswn
Company, Limited.-$52.50.
Sheridan Consolidated Mining and Milling
Company, Limited.-'I'le. 3}.
-Punjour Mining Co., Ld.-$151.
Punjom. Mining Co., Ld., pref. shares.-$3. Jelebu Mining & Trading Co., Ld.—$2.80. Raub Australian Gold Min. Co., Ld.—$õ§. Shanghai Tugboat Co., Ld.-Tls. 210. Taku Tug & Lighter Co., Ld.-T. Tls. 115. Shanghai Cargo Boat Co.-Tis. 200. Co-operative Cargo Boat Co.-T. 185. Perak Sugar Cultivation Co., Ld.-Tls. 41). China Sugar Refining Co., Ld.~$114. Luzon Sugar Refining Co., Ld.-$62. Shanghai Land Investment Co., Ld. (fully paid),
Tls. 81.
Shanghai Laud Investment Co., Ld. ($3 paid).-
Tls. 60.
Hongkong Land Invest, & A. Co., Ld.—$71.
Major Brothers, Limited.—'l'ls. 44. Kowloon Land & Building Co., Ld.—$19. Humphreys Estate and Finance Co., Ld.~89). Ewo Cotton Spinning & W. Co., Ld.-Tls. 85, Laou-kong-mow Cotton Spinning and Weaving International Cotton Man. Co., Ld.-Tls: 100.
Soy Chee Cotton Spinning Co., Ld.—Tls. 400.
Co., L.-Tis. 100. Shangbai Ice Company-Tls, 155. Shanghai Waterworks Co., Ld.—Tls. 256. Shanghai Gas Co.-'T'is. 260. Shanghai Sumatra Tobacco Co.-Tls, 120. Shanghai Langkat Tobacco Co., Ld.-Tis. 625. Shanghai Langkat Tobacco Co., Ld., Founders.
--Nominal..
Shanghai Horse Bazaar Co., Ld.-Tls. 66. J. Llewellyn & Co., Limited.-$70. Hall & Holtz, Ld.-$33.
SHANGHAI, 19th June-(From Messrs. J. P. Bisset & Co.'s report.)-Banks.-Hongkong and London market, and a corresponding improvement Shanghai Banking Corporation.-A rise in the in Hongkong, caused a dewand on our market, and shares were placed for cash at 185 and 188 per cent. premium. On time, shares were placed at 195 for August, and 197 for September, chiefly from Hongkong: There are more time sellers at these rates. Shipping,--There is not much busi- ness to report under this head. Indo-China S. N. shares were sold to Hongkong at $66, and locally at Tls. 47.. Business was also done for 91st August at Tls. 49). Hongkong, Canton and Macao Steamboat shares were sold to Hongkong for delivery on the 30th current at $34. Docks.- delivery on the 30th September, at Tls. 217}, Shares in S. C. Farnham & Co. were sold, for Marine Insurance.-North Chinas were sold at Tls. 200. Unions are wanted. Yangtszes, after touching $125, rapidly recovered to $135, at which business was done, and shares are wanted. A sale was also made at $137) for delivery on 31st July. Straits have changed hands at $287 and $28). Shares are now held for higher rates. Fire Insur- ance.-Hongkongs are quoted $3874 in Hongkong. Chinas have been sold locally at $94 cash and for the end of the month, and to Hongkong at $96. | ON Wharfs.-Shanghai and Hongkew Wharf shares are offering at Tls. 123. Hongkong and Kowloon Wharf and Godown shares are offering at $52. Mining.-Punjom Mining shares were placed at $154, and one or two lots of Raub Australian Gold Mining shares at $. Tugs.-Shanghai Tug Boat shares were placed at Tls. 200 and Tls. 210 ex div. shares were sold at Tls. 4.50.
Sugars. Perak Sugar Cultivation China Sugar Refining shares were sold, for delivery on the 31st October, at $120. Luzon Sugar Refining shares were wanted at $63, but are held for higher prices.
A. S. Watson Co., Limited.-$12. Hongkong Electric Co., Ld.—§7. . Bell's Asbestos Eastern Agency. Ld -$8.
CLOSING QUOTATIONS
TUESDAY, 23rd June. EXCHANGE.
LONDON.- Telegraphic Transfer Bank Bills, on demand Bank Bills, at 30 days' sight
.2/2}.
.2/21
2/26
Bank Bills, at 4 months' sight...2/2 Credits, at 4 months' sight
.2/21
Documentary Bills, 4 months'sight2/21
Bank Bills, on demand
2.77
Credits, at 4 months' sight
.2.82
On demand......
.2.24
ON PARIS.-
ON GERMANY.--
C
€
1
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