The-Hong-Kong-Weekly-Press-1896-09-10 — Page 19

September 10, 1896.]

changed owners at $135, $137, 8140, and $1421 buyers still remaining unsatisfied at last rate. It is rumoured that a very favourable report is likely to be presented to shareholders next month. China Traders have found further buyers at $81 and close firm at $82. The Northern Insurances have been negotiated in Shanghai at quotations in small lots. Straits after changing hands at $27 close steady.

FIRE INSURANCES.-Hongkong have ruled firmer and $335 failing to bring out shares the rate rose to $340 with sales, at which market closes steady. Chinas during the early part of the week continued weak with sales at $94 and $943; towards the close, however, a firmer feeling set in and offers to buy at $95 and $951 meeting with no response $96 and 897 was eventually paid for cash shares.

SHIPPING-Hongkong, Canton, and Macaos have been negotiated at $33, $331, and $334 for cash, and at $344 for January and December, sellers ruling the market at time of closing at $334. Indo-Chinas have been comparatively inactive and I have only small sales to report at $46§ and $47 cash, and at equivalent rates for December and February. China and Manilas continue unchanged and without busi. ness. Douglases have ruled quiet with small sales ab-667 and $67 cash and for the end of the month. This Company will pay a dividend of 12 per cent. this month. Market closes weak at $67 cash. China Mutuals continue, on offer without finding buyers.

REFINERIES.--Chinas Sugars have been quiet with small sales at $124 and $123) cash, and at $126 for October and $127 for Nov., closing steady but quiet at $124. Lazons appear to have again dropped out of the market and I have no sales to report.

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MINING. Punjoms have further weakened on receipt of results of August crushings, which were as follows, 1,100 tons quartz yielded 384 oz. gold, and 50 tons calcined yielded 55 oz. gold, a poor result as compared with those of the last few months. The Cyanide clean up is not yet to hand. Balmorals have found small buyers at $2 and $24. The General Management of this Company has been transferred to Messrs. J. D. Humphreys and Son. Olivars have been enquired for at quotations, but I have heard of only small sales. Jelebus and Raubs have ruled from steady to strong with lat few sellers at quotations.

DOCKS, WHArves, and GODOWNS.-Hong- kong and Whampoa Docks have again been the chief feature of the week's business, and have steadily risen, with a good business, from 194 to 201 per cent. prem, cash; on time a good many have changed hands at rates ranging from 198 to 208 for December and at equivalent rates for the intermediate months. The Gaelic, which is now in dock, proves to be a larger job than was anticipated and I learn that the Company is likely to be full of good work for some months to come. The market closes with sellers at 201. Kowloon Wharves have some- what improved their position and have been enquired for at $54 to 8541, resulting in small sales at these rates. Not many shares, however, are obtainable. I hear on good authority that the business is improving and that the leasing of the Wanchai Godowns is so far showing good results, also that it has been decided to run the ferry service between Kowloon and Hongkong for the Company's profit after the expiration of the present lease of their wharf to the present ferry service, which I believe will take place next year. Wanchais have been out of favour with no business at quotation.

LANDS, HOTELS, AND BUILDINGS.-Hong- kong Lands have continued in steady demand at $74, 8744, and 875, at which rates small parcels have changed hands; shares, however, are not easily obtainable and at time of closing buyers at $744 rule the market. Hotels with small sales at $29 and $29 close steady. West Points have been negotiated at $18 and more could be placed at the rate. Humphreys have been neglected.

MISCELLANEOUS.-Green Islands have found further buyers at $173 and sales have been effected at that. Watsons have been neglected with no sales Ropes have changed hands at $1264 and $127, closing firm. Fenwicks have found buyers at $29§ and Tramways at $96.

CHINA OVERLAND TRÅDE REPORT.

COMPANY.

Closing quotations are as follow

PAID UP. QUOTATIONS.

[$365, & & sellers $125 192 1⁄2 prem.-

£5 nominal £1 10s.nominal

£1 £2, buyers

Banks-

Hongkong & S'hai...... China & Japan, prf. Do. ordinary... Do. deferred... Natl. Bank of China

B. Shares Founders Shares.. Bell's Asbestos E. A....

Brown & Co., H. G. Campbell, Moore & Co. Carmichael & Co. China Sugar

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Dakin, Cruicks'k & Co. Dairy Farm Co..... Fenwick & Co., Goo. Green Island Cement.. H. & China Bakery Hongkong & C. Gus H. H. L. Tramways Hongkong Electric

Hongkong Ice Hongkong Hotel

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-

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

Charbonnages. Jelebu

New Balmoral Oliver's Mines, A........

Do. B. Punjom .......

Do. Preference... Raube

Steamship Coys.--

China and Manila China Mutual Ord...

Do.

Preference...

Douglas S. S. Co. H., Canton and M... Indo-China S. N. Wanchai Wareh’se Co. Watson & Co., A. S ...!

£8 $27, sales & sellers £1 $100 156. nominal $50 (in liquidation). $10 $6

$20 $8

$100 $124, buyers

$5 $1, yers

$5

$5, nominal

$25 $291, sales $10 $50 $30 £10 $110, buyers

$8 $7, sellers $100 $96, sales

$503294, sales $25 $105 $50 $544, sales & buyers $50 $127, sales $125 201 p. ct. prem.— [$37825, s. & sel. $50 $195, sellers $50 $97, sales $25 $82, sales & buyers $50 $340, sales & sellers

Tls. 102, sellers $27, sales & buyers $2424, sales

$171, sales & buyers

£25

$20,

$25

$60 $145, buyers

$50

$75, sales

$10

$9, sales & sellers:

$30

$18, buyers

$40

$184, sales & buyers

$100

$61, sellers

Fcs. 500 721

$5 $2.95, salee

$3 $2.50, sales 8537, sales & sellers $24 $3.50, sellers

$4 $12, sales $1 $3.30, sellers 138. 10d. $5.35

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$71, sales & sellers

$50

£5

£3, sellers

£10

$50

$07, sales & sellers

$15

£8.10, sales & sellers

$33.50, sal. & sellers £10 $47, sales & sellers $37) |$45), buyers

$10 $13, sellers

J. Y. V. VERNON, Broker.

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$123 for October, $124/126 and $130 for Decem ber, and to Hongkong at $124 for December | Lands.-Shanghai Land Investiment shares were placed at Tla. 804, and Kowloon Land and Build- ing shares at $19. Industrial-Mujor Brothers shares were placed, and are offering, at Tls. 4+] : Ewo Cotton S. and W. shares were sold at Tls: 80 and are obtainable at the sam: rate. Miscella neous.--Business was done in : Shanghai Sumatra Tobacco abares at Tls. 974, Shanghai Langkat Tobacco shares at Tls. 350 and Tis. 50, and Hall and Holtz shares at $37. Loans.-Shanghai Municipal Debentures of 1896 were sold at Tis. 101, plus the accrued interest.

TONNAGE.

HONGKONG, 9th September. Although the volume of business transacted during the past fort- night has been greater than during the preceding. period there has been no improvement in our freight market and rates generally remain very low. In Saigon charters a little business has been transacted for Singapore and Sourabaya, but for Hongkong there has been no enquiry and there does not seem to be any immediate prospect of tonnage being wanted. From Java to this three fixtures are re ported at very low rates. From Bangkok to this the regular lines provide more than sufficient ton- nage for present requirements and further tonnage is not wanted. In Japan coal freights there is very little demand. From Moji to Hongkong one steamer has been fixed at $1, but even at this very low rate there is no enquiry. From Moji to Singapore one fixture is reported at $1.75 and further tonnage might be placed at this figure. Newchwang to Can- ton there is nothing doing. Sailing tonnage.-One- settlement is reported for New York on private terms and one for Baltimore, rate also private. For San Francisco a small vessel has been fixed at about $2.50 per ton.

There are eight vessels disengaged in port, regis tering 11,360 tons.

The following are the settlements:—

Wm J. Rotch-American ship, 1,664 tons, Hong- kong to New York, private terms.

El Capitan American ship, 1,419 tona, Nagasaki and Hongkong to Baltimore, private terms.

Casablanca-British barque, 569 tons, Hongkong to San Francisco, $2,700.

Stanfield---British barque, 570 tons, Rajang to Hongkong, $1,300.

Ariake Maru-Japanese steamer, 1,905 tons, Moji to Hongkong, $1 per ton.

Macduff-British steamer, 1,882 tons, Moji to Singapore, $1.75 per ton.

Brunhilde German steamer, 977 tons, Saigon to Sourabaya, 164 cents per picul.

J. Christensen-Norwegian steamer, 1,338 tons, Saigon to Sourabaya, 17 cents per picul.

Daphne-German steamer, 1,395 tons, Saigon to Singapore, 10 cents per picul.

Apenrade German steamer, 696 tons, Saigon to Hongkong, 5 cents per picul.

Suatow-German steamer, 724 tons, Saigon to Manila, 16 cents per picul.

Brunhilde German steamer, 977 tons, Java to Hongkong, private terms.

J. Christensen-Norwegian steamer, 1,338 tons, Java to Hongkong, private terms.

Macduff-British steamer, 1,882 tons, Java to Hongkong, 11 cents per picul.

Siegfried German steamer, 1,007 tons, Haicohe Bay to Singapore, $4,000.

Wuotan-German steamer, 1,201 tons, hence-to Mauritius and back, monthly, $4,200.

Deuteros-German steamer, 1,251 tons, monthly, months, $3,400.

SHANGHAI, 4th August.-(From Messrs. J. P.- Bisset & Co.'s report.)-The market has been active, with business in Hongkong Bank shares at rapidly advancing rates. Banks.-Hongkong Business and Shanghai Banking Corporation. was done early in the week at 1811 per cent. premium. A strong dewand afterwards set in, and shares were placed at 183, 185), 186, 187 and 187 per cent. premium for cash, 191 for the 30th current, and 201 and 203 per cent. for delivery on the 27th February, 1897. In other Bank shares there is no business reported. National Bank shares are offering, in Hongkong, at $27.4 Shipping-Indo-China S. N. sha es were placed at Tis. 34, but the market; afterwards advance 1 to Tls. 35. This rate was not maintained, and sales have been made at Tls. 34), and Tls. 34 locally. and to Hongkong at $16. Hongkong. Canton and Macao Steamboat shares were placed to Hongkong at $33. Douglas Steamship shares were purchased from Hongkong at $661. Docks. -Boyds shares are offering at Tls. 200. Business has been done in S. C. Farnham & Co. shares at Tls. 200/203 cash and Tls. 205 for delivery on the 30th ourrent.

Marine Insurance.-Yangtzes were placed at $137 and $142) for cash, and $145 for the 80th September. Straits have changed hands at $274 for cash and $28/281 for delivery on the 80th current. North Chinas are offering at Tls. 1924. Fire Insurance.-Hongkongs are wanted in Hongkong, at $335. Chinas changed hands, in Hongkong, at $94. Wharfs.-Shan hai and Hongkew Wharf shares are obtainable at Tls. 122. at $14. Sheridan shares are wanted atTIs. 2.50. Mining. Punjom Mining shares changed hands Tags.—Taku Tug and Lighter shares were placed at T. Tls. 105, and there are a few more offering. Sugara. A large business has been done in China Sugar Refining shares, at $122/123 cash, and to Hongkong at $117, $120, and $125 for cash, at

VESSELS ON THE KERTH. For LONDON.-Shanghai (str.), Benlarig (str.), Glenfruin (str.), Tantalus (str.), Canton (str.), Patroclus (str.), Oopack (str.).

For SAN FRANCisco.-Belgic (str.), Pēru (str.), Casablanca (str.).

For HAVRE,Aglaia (str.).

For MARSEILLES.-Saghalien (str.).

For VICT BIA-Tacoma (str.), Mount Lebanon (str.).

For BREMEN.-Bayern (str.).

For VANCOUVER.-Empress of Japan (str.). For NEW YORK.-Charles E. Moody, Paul Revere, Josephus, Saint Mark, Izión (str.).

For BALTIMORE.-Isaac Reed, Helen Brewer

(str.).

For AUSTRALIA.—Pathan (str.), Merionethshire (str.).

SHIPPING. ÅRRIVALS AND DEPARTURES SINCE LAST MAIL. HONGKONG.

September-

ARRIVALS.

1, Bygdo, Norw. str., from Canton. 2, Hangchow, British str., from Swatow.