January 6, 1897
OW
ear h
CHINA OVERLAND TRADE REPORT
Ter, at 8177) ex div of $5 demand paid on the 2nd instant. ChinaTrader have closing been again, in favour and a fair business has been put through at $74), market, closing steady. Forced sales of North Chinas have taken place in Shanghai at Tls, 190 and Yangtzzes declined to $140, at which rate, however, shares are now in request with no sellers under a substantial advance. Straits have been nego- tiated at $25 and $253, closing with buyers at $25).
FIRE INSURANCES. Beyond small sales of Hongkongs at $365 and of Chinas at $103 there is nothing to report, market for both stocks closing weakish.
dulness of the || Cantons are dry dealers have been oors, despite the easier tone oney market, and it is much to be feared. more must do the same before the Chinese New days, when the consequent settlements passed. The Chinese bank rate has been ered, and there are a few Indications of a better time in the near future. Tin-Plates have improved somewhat, and business has been done of about 3,000 cuses at between Tls. + and Tls. 4.20 and there are still buyers at these figures, There is better feeling in Bright Iron Wire, which has gone up at home, the dealers here.show. ing signs of being willing to meet the advance. So that, while the depression through which the trade has been passing has not by any means been cleared, it is with pleasure we can hopo our readers have had a Merry Christmas, and with confidence wil them a prosperous and successful New Year. Tucre has been very little moving in Lead. Sales are of a retail character, and prices have not changed since our last report. Nailred and Bar Iron are too high (at home) to allow any business being done here at present, the only transactions we heard of during the week are 100 tons Cart Tires at 91/6 and 30 cases Copper Sheathing at £60.5.0, c.i.f.
CLOSING QUOTATIONS.
TUESDAY, 5th January. EXCHANGE.
ON LONDON.-
Telegraphic Transfer
2/14
Bank Bills, on demand ·
2/17%
Bank Bills, at 30 days' sight
2/11
Bank Bills, at 4 months' sight...2/1
Credits, at 4 months' sight
2/17
Documentary Bills, 4 months' sight 2/2
ON PARIS.—
Bank Bills, on demand
.2.67
Credits, at 4 months' sight
2.72
ON GERMANY.-
On demand
2.16
ON NEW YORK.——
Bank Bills, on demand
.513
Credits, 60 days' sight
.53
ON. BOMBAY.---
Telegraphic Transfer.
Bank, on demand.......
.165
ON CALCUTTA.—
Telegraphic Transfer.
Bank, on demand.
..165
ON SHANGHAI,-
Bank, at sight
Private, 30 days' sight.
.73
ON YOKOHAMA.—
On demand
ON MANILA. ---
* On demand.
样
ON SINGAPORE.—
On demand
SOVEREIGNS Bank's Buying Rate
GOLD LEAF, 100 fine, per tael
.164)
.1644
.724
.4% pm.
.7% pm.
.4% pm. ..9.30
.48.60
JOINT STOCK SHARES. HONGKONG, January 5th.-The settlements on the 31st ult, having passed off very satis factorily, with but few shares thrown on the market, rales immediately began to harden and in many cases, notably in Banks and Docks, showed a substantial rise. The anticipations of bargains to be picked up on settling day were doomed to disappointment, purchasers having made adequate arrangements to take up their stock and to meet all committances during the early part of the week. The New Year holidays have interfered with business o some extent and beyond the before mentioned hardening of rates there is nothing of any importance to report.
Mi
£
SHIPPING-Little business has been trans- acted under this heading and no movements, of any importance have taken place. Hongkong, Canton and Macaos continue to rule remark- ably steady and quiet with sales at $324 and $324 for cash, market closing steady at $323. Indo- Chines have found small buyers, chiefly for covering purposes, at $40, and more could pro- bably be placed at the rate. China Manilas have changed hands at $68 and $67, closing quiet. Douglases have ruled firm at $57 with buyers and no sellers; at $57, however, shares have changed hands and are still enquired for. China Mutuals are enquired for in a small way at quotations.
REFINERIES.-China Sugars were done as low as $1334 and $134 over settlements, but the market immediately recovered to $135, at which it closes steady. Luzons remain steady with small sales at $46 and $45, closing with buyers at the latter rate.
excep-
MINING. The market has ruled tionally quiet and but few stocks have changed hands. Punjoms in the early part of the week were negotiated at $124 and $12, but dropped over settlements, with forced sales, to 8114 and later, on receipt of result of crushing, to $10.75. The result of the December clean up, which came to hand yesterday, is a poor one. Owing to the stoppage of work caused by the recent floods the mill ran only 19 days, crushing 900 tons for a yield of 288 oz. of smelted gold, whilst the calcine process produced 35 oz. from 25 tons concentrates; total result 323 oz. There is as yet no news of the result of the cyanide working, but under the circumstances of the absence of the cyanider and the regrettable death of Mr. Quina it is pretty sure to be much smaller than usual. Balmorals have improved to $1.25 after a good many shares changing hands at $1.15, $1.20, and $1.25, the market plosing firm. Jelebus have ruled out of favour with shares offering at $2.50 and finding no buyers. Raubs continue steady to strong with sales at $9 and $9.25. Olivers remain more or less neglected.
DOCKS, WHARVES, AND GODOWNS.-Hong- kong and Whampoa Dooks changed hands over settlements at 213 and 214 per cent, prem. in fair lots, and immediately after jumped to 218, at which sales were reported. On time & few transactions at 226 and 230 for June were put through; market closes at 218. Kowloon Wharves continue quiet and more or less neglected, small sales only having taken place at $59 and market closing quiet at that rate. Wanchais are still entirely out of the market. New Amoy Docks continue unchanged but firm at $16; some extensive improvement in the way of increasing the size of the Dock are now in course of progress and promise to prove a great advantage to the Company when completed.
the rep at $93 Asbestos have business, chiefly for 17/6 paid -up at $74.
Closing quotations are as follow
bres COMPANY,
Banks
Hongkong & Sha China & Japan,
Do ordinary: Do deferred
Natl Bank of China
Be Shares Founders Shares. Bell's Asbestos E. A. Brown & Co, H. G... Campbell, Moore & Co. Carmichael & Co. China Sugar........... Dakin, Onickel & Cổ Dairy Farm Co............................. Fenwick & Co. Geo. Green Island Cement... H. & China Bakery Hongkong & C. Gas Hongkong Electric H. H. L. Tramways Hongkong Hotel Hongkung Ice H. & K. Wharf & G... Hongkong Rope....
·H. & W. Dock
· Insurances —
Canton...... • *• China Fire China Traders' Hongkong Fire North-China Straits Union Yangisze..
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. Punjom......
B....
Do. Preference....... Raubs
Steamship Coys.———
China and Manila....... -China Mutual Ord...
$125
158.
$291
closing
28
$26
21 $100 Bellers
$50 (in liquidation).
$10
$6
$20
$100
$5
$5
$531
$25 $30, buyers
$10
$184, buyer
$50 $30
£10 $110
✅✅ $3 ~~[66], sales & buyers
$1004693, seller's
$50
$25 $108, buyers
$81, buyers
$50
$59, sales & sellers
$50
$145
$125
S
218 pct. prem
[$397.50, sales
$20
$103, sales & buyers
$25 $74, sales
$50
$865
£25 Tl. 195
$50 $17), ex div
$20 $254, sales & sellers
$25 $220, buyers
$60
$144, buyers
$50
$75), sales & buyers
$10
$9.25, sales?
$30
$17, sellers
$40
$184, buyers
$100 $46, males & sellers -
Fcs, 500 60
$5 $2.50, sellers
$3
$5
$1.25, sales & buyers $5, sellers
$2) $2), sellers
$4 $10.75, cum. div.
$1 $3.90 cum. div. 138. 10d. $9 sellers
$50 $67
£5 £25
Do. Preference... Douglas S. 8. Co. H., Canton and M... Indo-China S. N. ..... Wanchai Warah se Co. Watson & Co., A, S. ̧.. $10 $12.25, sales
J. Y. V. VERNON, Broker.
£10 £7, buyers $50 $57, buyers
$15 $32, sales & sellers £10-$40 buyera $37 545
two оде
SHANGHAI, 81st December.(From Messrs. J. P. Bisset & Co.'s Report). Christmas holidaya! have interfered with business. With one exceptions, the settlements to-day hav through successfully Banks.—Hongkon Shangbai Banking Corporation. —The on action reported is a cash sale at premium. The Hồngkong quot 181 per cent. premium, Shipping S. N. Shares changed hands,
and Tla, 28. Hongkong
boat shares were placed loca
Insurance. —China Traderazob Hongkong at $74), North- been sold at fls. 190. – Unions and Cantona at $185 cum t payable on the 2nd been placed at $141. Straits were placed Fire Insurance. Both at former
LANDS, HOTELS, AND BUILDINGS.-Hong- kong Lands continue on the even tenor of their way with small sales at $75) and more shares wanted at the rate. Hotels could be placed at $31, but holders anticipating higher rates refuse to part. West. Points continue with buyers at $18 and sellers at 819 without BANKS Hongkong and Shanghais in the business. Humphreys Estates are enquired of the week changed hands at 180 | for åt from $9 to $9.25, but very few shares vent prem, and afterwards quickly rose seem to be available and the market closes
with only a small sale at 182 reported. firm arket closes at 183 per cent, prem; with.
MISCELLANEOUS. Green Islands continue Hong Nationals have changed hands in small | steady at $18) with sales. Watsons have found
Shangh tation. Bank of Chinas continue buyers at $12.25 and close steady. Electrics and
unchanged.
have been enquired for at $6.50 without ading. Labing IngurANCES, Unions have found to business. Ropes have ruled, rather
purchasers at $220, but the with sales at $145 over settlementa an that rate cannot be fully met. | wit ha buyers: Fenwicks have been in
dem
$182) and
Fine:
95%
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