The-Hong-Kong-Weekly-Press-1896-07-16 — Page 23

July 16, 1896.1

a buyere will not decide upon paying im ter's prices, the latter are not forcing business, but are merely content to bide their time. There is no news of interest from the other Outports, to which, however, clearances continue to be made on a free scale. At the Auctions during the week prices incline to be easier, and it seems strange they should be so for Woollens as there has been a good business done privately in the

vailable spot cargo at advancing rates.

Metals.-(From Mr. Alex. Bielfeld's report): 10th July :—Business continues in wach the same dall and depressed condition reported frequently of late. Metals generally show a considerably in- creased importation than during the same six 'months of last year. Lend, however, stands about the same, but in all classes of Old and New Iron and Steel the increase with but few exceptions is very marked." A glance down the list of January- June Imports and Re-exports is very reassuring sa to the trade of the port in Sundries and Metals. Japanese imports continue to increase, as can be seen by noting the figures for Copper, Matches and Buttons from Japan. There has been a con- siderable decrease in the Import of Pig Iron which, however, is more than counterbalanced by the increase in Nailrod.

JOINT STOČK SHARES. HONGKONG, 15th July-We have a very quiet week to report, but although business has been abnormally slack, and transactions very few and far between, rates generally have not declined and it is only in very few cases that we have to report slight falls and weak-

ness.

BANKS.-Hongkong and Shanghais have continued without business, rates ruling at from 183 to 185 per cent, prem. nominal. At time of writing a few shares could be placed at 184, but it is doubtful whether they are obtainable. The absence of business in this stock has for some time made it difficult to give a true quo- tation and the very occasional demands to buy, or offers to sell, seldom establish a rate which can be relied on for any reasonable time. Bank of Chinas and Nationals continue out of favour with sellers of the latter at $29.

MARINE INSURANCÈS.—China Traders' are wanted in small, but are offering in ordinary, lots at $78. All other Marines are on offer at quotations with small sales at quotations.

FIRE INSURANCES.Both Hongkongs and Chinas are weaker with sellers at quotations and no business to report.

SHIPPING.-Hongkong, Canton, and Macaos still remain on offer at $34 and sales are reported at $334, and this notwithstanding a dividend of (it is rumoured) $1.20 per share, payable on the 1st August. Sales of Indo- Chinas are reported at $554. Douglases have been on offer at $641 without leading to business. China Manilas have ruled easier at 874 with no buyers. China Mutuals quite neglected.

CHINA OVERLAND TRADE REPORT.

Closing quotations are as follows:-----

COMPANY. PAID UP, QUOTATIONS.

Banks

Hongkong & Shai... China & Japan, prf. Do. ordinary... Do. deferred...

Co.

Natl. Bank of Chins

B. Shares Founders Shares.. Bell's Asbestos E. A. Brown & Co., H. G. Campbell, Moore 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 H. H. L. Tramways Hongkong Hotel Hongkong Joe

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REFINERIES. China Sugars have been in a small demand for cash, and small sales have been effected at $111 and $112; at time of writing shares are obtainable from the North at $112 for end of the month. Luzons have shown signs of weakness and although sales were effected in the early part of the week at $68 the rate must be looked on as an outside one.

MINING-Punjoms continue unusually quiet with small sales at $14. Jelebus have changed hands at $3 and Ranbs at $5:35. W have nothing else to report under this-head-

ing.

DOCKS, WHARVES, AND GODOWNS.-Hong: kong and Whampoa Docks have advanced further to 187 per cent. prem. with sales, and close steady at that rate. Kowloon Wharves have been in steady demand at $51) and $52, with but few sales, and close steady to strong at the latter rate. Wanchais are reported to have changed hands at $46.

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H. & K. Wharf & G... Hongkong Rope........ 'H. & W. Dock Insurances- Canton... China Fire China Traders'

Hongkong Fire North-China Straits Union Yangtsze Land and Building-

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[8355, buyers

$125 184 p. ct. prem.

£5 nominal

£1 10s. nominal

£1

£2, buyers

£8

$29, sellers

£1

$110, sellers

.158.

$7, sellers

$50 $6, sales

$10 $5

$20 $8

$100 $112, sales & sellers $5 75 cents, buyers

$10

$25 $27, sales & sellers

$25 $108

$50 $52, sales & buyers

$50 $126, sellers

$20 $271, sales & sellers

$25 $237), sellers

$60

$152)

cash

shares were sold at Tls: 87) Laon-kun shares and Soy Chee shar par. Miscellaneous. –– Shân shares were sold at Tis 90 Tobacco shares at Tls: tember, and Tls. 650 for Octobe Bazaar shares at Tis. 68 August, J. Llewellyn & Co. shares Holtz shares at $83 cash and $84 1 the 30th September, and shares.

& Co. at $12. Debentures.—Shanghai. Wate works 6 per cent Debentures were placed at Tla. 122), and Shanghai and Hongkew Wharf Deben- tures at Tla. 110, plus the accrued interest in both cases, The Shanghai Land Investment Com pany's 5 per cent. Debenture. Loan of 1893 has been all allotted, and Debentures are now wanted at par.

CLOSING QUOTATIONS

WEDNESDAY, 15th July. EXCHANGE.

$5

$10 $171, sales

$50 $30

£10

$110, buyers

$8

$7 sales & sellers

$100

$96

ON LONDON.——

$50

$22, buyers

Telegraphic Transfer

.2/21

Bank Bills, on demand

121.

Bank Bills, at 30 days' sight

$125 187 p. ct. prem.

Bank Bills, at 4 months' sight

2/2

{$358.75, sales

Credits, at 4 months' sight

.2/2

-$50

$200, sellers

Documentary Bills, 4 months'sight2/21

$50 $96, sellers

ON PARIS.-

$25

$781, sellers

Bank Bills, on demand

..2.77

$50 $335, sellers

Credits, at 4 months' sight

.2.81+

£25

Tls. 200

ON GERMANY.—

On .demand

.2.24

ON NEW YORK.—

Bank Bills, on demand

.53#

Credits, 60 days' sight

544

ON BOMBAY.-

Telegraphic Transfer.

.187

Bank, on demand.............

.1874

ON CALCUTTA.—

1

Fes. 500 $80, sales

Telegraphic Transfer.

..187

$5 $3, sales & sellers

Bank, on demand..

1871

$3

$2.50

ON SHANGHAI.-

$5

$8, sellers

Bank, at sight

.721

B.

$2

$4, sellers

Private, 30 days' sight.

.731

$4 $14, sales & buyers On Yokohama.—

$1 $3.70

Ox demand

% pm,

13s. 10d. $5.35

ON MANILA.—

$50 $74, sellers

Ondemand

.16% pm.

£5

£3, sellers

ON SIN GAPORE.--

£10

£8.10, sales & sellers

On demand

$50

$644, sellers

%pm. .8.90

H. Land Investment. Humphreys Estate... Kowloon Land & B West Point Building Luzon Sugar Mining-

Charbonnages Jelebu New Balmoral Oliver's Mines, A.

Do.

Punjom

Do. Preference... Raubs Steamship Coys.——

China and Manila. China Mutual Ord... Do. Preference... Douglas 8. 8. Co. H., Canton and M... Indo-China 8. N. Wanchai Wareh’se Co. Watson & Co., A. 8 ... ·

$50 $73, buyers

$10 $0, sales & sellers $30 $18, sellers $40 $18 $100 $68, sellers

$15 $334, sales & buyers SOVEREIGNS, Bank's Buying Rate

£10 $55), sales $371 $46, sales

$10 $12.50, sal. & sellers CHATER & VERNON, Share Brokers.

SHANGHAI, 10th July-(From Messrs. J. P. Bisset & Co.'s report.)-Banks-Hongkong and Shanghai Banking Corporation.-A sale at 186 per cent. premium is the only business reported. There is no change to report in the other. Bank stocks. Shipping.-Indo-China S. N. sbares have changed hands at Tls. 42 ex dividend, and shares are obtainable at the same prices. A sale Hongkong,Canton and Macao Steamboat shares, Shares in Boyd & Co. have been sold at Tis. 210.

Docks. to Hongkong, at $381 is reported. The annual general meeting of shareholders is called for the 28th current. 8. C. Farnham & Co. shares have changed hands at Tls. 210. Hong kong and Whampoa Docks shares have changed hands, in Hongkong, at 187 per cent. premium. Marine Insurance.-North-China Insurance shares changed hands at Tle. 195; Yangtze Insurance shares have been placed at $152) cash, $159 for 30th September, and $165 for 31st December. The market closes weak with cash sellers at $152 A large number of Straite shares have been sold at $27 to Hongkong, and locally at $27 for casb, $27 for the 31st current, and $28 for September and October delivery. Fire Insurance.-Business has been confined to Chinas at $95. Wharfs.- Shanghai and Hongkew Wharf shares have been placed at Tls. 117 cum dividend. Cargo Boats.

**** LANDS, HOTELS, AND BUILDINGS.-Hong. kong Lands have changed hands at $73 in small lots and close steady at that rate. The Company lias declared an interim dividend of Shanghai Cargo Boat shares were sold at Tis. 2021. Sugars.-Perak Sugar Cultivation $2 per share payable on the 27th inst., and we

shares were sold for delivery on the 31st current understand that the accounts to 30th June

at Tls. 44, and are offering. China Sugar Refin show an improvement on those of last year ing shares were placed, to Hongkong, at 110 Hotels remain quiet at $22, and West Points and $111, and locally for 31st July at $110 and

teady at $18, with no sales,

$112, and for November delivery at $116. Lands. MISCELLANEOUS Green Islands have im--Shanghai Land Investment shares have been Foved to $17 with small sales. Watsons have placed at Tls. 80 oum dividend on Tls. 80. An changed hands at $12), and are. obtainable at interim dividend of 4 per cent for the half year the rate. Electrics have been negotiated at $7. { has been declared. Industrial-Ewo Cotton

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GOLD LEAF, 100 fine, per tael...47.00

TONNAGE.

HONGKONG, 15th July.-The volume of business transacted during the past fortnight has been very small and there has been very little enquiry for ton- nage in any direction. From Saigon to this there is no change since last report and there is still no demand for tonnage. From Bangkok to this the same remarks apply and from Java to Hongkong From Newchwang to also tonnage is not wanted. Canton nothing has been done and charterers do not appear to care about taking up steamers at: présent. In Japan coal freights there is no favourable change to report; and rates are nominally $1.25 to Hong- kong, and $1.75 to Singapore. For sailing tonnage there are no fixtures reported here. For New York requirements seem to be satisfied for the present and for San Francisco charterers are still unable to get tonnage at their figures.

There are eight vessels disengaged in port, regis tering 7,969 tons.

The following are the settlements:-

L. Schepp-American ship, 1,776 tons, Kobe and Hongkong to New York, private terms.

Conqueror American ship, 1,540 tons, Japan to New York, private terms.

Mascotte British steamer, 2,018 tons, Kuchinotzu to Singapore, $1.75 per ton.

Hinsang British steamer, 1,526 tons, Moji to Hongkong, $1.25 per ton.

Tancred-Norwegian steamer, 786 tons Moji lo Canton, $1.80 per ton. -

Tancred-Norwegian steamer, 786 tons, Hongay to Swatow, $1.15 per ton.

786 tons Hongay Tancred Norwegian steamer, to Singapore, private terms.

Taulee German steamer, 939 tons, Hongay Canton, three trips $1.25 per lon. ***

Falkenburg German steamer, 1,175 tons, Kobe to Amoy, $1.50 per ton.

Wuotan German steamer, 1,201 tons, Newchwang to Swałow 17 cents per picul

Perarch British steamer, 1,252 tons, Saigen lo Hongkong, 5 cents per picul,