The-Hong-Kong-Weekly-Press-1897-02-11 — Page 23

Hongkong Weekly Press AND China Overland Trade Report All

$8 per

bonus

ΠΟΣ

11 18971

shows very:

ving a final

89 for 1895); $19,19 contributors, enables a sum of to reserve fund which will $886,850 The total premis for 1895 less re-insurances was $2.445.72 more than 1894, whilst were small, being only $67,219.89 3 against $222,906.30 in 1894, The propor

charges, commissions, &c., to income, ver, has increased from 19.90 per cent. 1894 to 22.34 per cent. in 1895, probably owing to commissions on increased agency premia. The accounts for 1896 look very promising, and, provided the losses appertaining to 1896 are not extraordinary, should enable the directors to place an excellent report before raholders for 1897. It will be observed in last report that the practice of paying an interim dividend as heretofore will be discon- stinned and one dividend only at the and of

the year will be paid.

CHINA OVERLAND TRADE REPORT.

877

ON.

Kowloon Lands have found small buyers | On Bom

ion West Points after further sales at $19

enquired for at $194, stoutly refusing to sell under $20 Hotels in the early part of the week were eagerly ipped up at $37 and later $38, and more shares could be placed at the rate; holders, however, still consider it good enough to hang on in the expectation of higher rates. Humphreys Es have ruled firm at 894 with sales and close steady to strong.⠀

MISCELLANEOUS. Green Islands have ruled very firm with sales at $21, $211, 822; and $224, closing with sellers at last rate. Watsons have been negotiated at $12.25 and more shares are wanted at the rate. Electrics have found buyers at $7.65, $7170, and $7.75, closing with further buyers at the last rate. Ropes have advanced to $156 with sales, Tramways to $95|| and Fenwicks to 832§.

Pe

Closing quotations are as follows :---

COMPANY. ĮPAID UP.{ QUOTATIONS.

[$355, sales

Banks

Hongkong & S'hai...] China & Japan, prf.

SHIPPING. The market has been fairly active and a fair business transacted. Hong-

Do. ordinary....... kong, Canton, and Macaos have ruled some-

Do. deferred... what erratic with simultaneous sales at $324

Natl. Bank of China and 8331; a fairly large business was transacted

B. Shares. at 8324 cash and at $33 for settlements, market

Founders Shares.. closing

firm with sales at $331 on receipt of Bell's Asbestos E. A.... private advices from Shanghai that the North Brown & Co., H. G. ern Shipping pool is settled, which advices, Campbell, Moore & Co. however, lack reliable local confirmation. Indo-Carmichael & Co. Chinas have been in demand, and after fair China Sugar sales at $49) and $44 advanced to $46 without Dakin, Cruicks'k & Co. any sales at intermediate rates; market closes Dairy Farm Co. firm with buyers at $46. China and Manilas Fenwick & Co., Geo.

Green Island Cement...

appear to be on the fence," neither buyers not sellers being inclined to operate at quot- ation. Douglases have ruled from steady to strong with sales at $614 and $62. Chins Mutuals are wanted at £7 for Preferences, whilst the Ordinaries are out of favour at quotation; a dividend of 6/- per share on Pre- ferences is expected shortly.

REFINERIES.It is difficult to give a reli- able quotation for China Sugars, which in the absence of actual business have been quoted more or less nominally at from $137 to $139. "The same remarks apply to Luzons, which have ruled nominally at $50. At time of closing. sales of China Sugars are reported at $139.

MINING. The market has been compar- atively active and closes with a firmer tendency. Punjoms on receipt of another disappointing crushing for January, of 262 oz. from 1,200 tons and 39 oz. from the calcine proceSS, quickly dropped out of favour and sales were effected at the reduced rate of $9 and later at 881 and 88. At time of writing, on receipt of better news from the Mines, the market has recovered and buyers are in evidence at $84 to $81 New Balmorals and Olivers remain more or less neglected with but few and un-. important sales. The General Managers have *received ⠀⠀ encouraging telegrams from the Mining Manager, one of which in connection with Olivers Eureka concludes with “confident

Raubs ruled steady at $10.50 but towards the end of the week ünder review came suddenly into demand and buyers at $11 could not be satisfied, only a very few shares coming out t at that rate; at time of writing are wanted at $111 without finding The Company invite tenders for 10,000

otted shares up to 81st March, and advistise of 1/ per share payable on 15th transfer books to olose on the 1st The Singapore Secretary also notifies transfers can be made from the Brisbane

ore register or vice versa after February Jelebus after sales

nquired for at that rate.

DOCKS, HARVES, AND GODOWNS. – Market been rather quiet. Hongkong and Whampos tera fair business at 230 and 281

id at 232 for settlements, 23

TRADE 934 for April, and 240 for June, cent. prem..

Maroh and

|

|

H. & China Bakery

Hongkong & C. Gas... Hongkong Electric Hongkong Hotel H. H. L. Tramways

Hongkong Ice

H. & K. Wharf & G... Hongkong Rope..... H. & W. Dock Insurances-

Canton......... China Fire China Traders'

Q

$125 184 prem.

£5

nominal

£1 10s. nominal

£1 £5, buyers

£82064, sales & sellers £1 $100, sellers 15s. 88, buyers

(in liquidation). $10 $7, buyers $20 $8

- $50

$100

$139, buyera

$5 (in liquidation). $5 $5, nominal $25 $32, buyers

$10 $224, sales & sellers $50 $30

£10 $110, buyers

$87.75, sal. & buyers $100 $95, buyers

$50:34, sales

$108, ex div. sellers

$50 $59, buyers

$25

$50

$156, sales & buyers

$125

230 p. ct. prem.=

[$412), sellers & b

$50

$185, sales

$20

$111

$25

$79, zales

Hongkong Fire

$50

$380, sal. & buyers

North-China

£25

Tls. 195

Straits Union

$20

$29, sales & sellers

$25

$237), sales

$60

$160

1

Land and Building-

Yangtze.............

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... Do. Preference..... Douglas 8. 8. Co. H., Canton and M... Indo-China S.. N. Wanchai Wareh'se Co. Watson & Co.,

$50 $77, sales & sellers $109, sales

$30 $15, ex-div. $40 $19), buyers

$100 $50

Fcs. 500 75, sales

$5 $2.25, buyers

$3 $1.40, sal. & seller $5 $5

$24 $2)

$4 $9

$1 $3

138. 10d. $11), sules & buyers

$50 $68, buyers

£5 £2,58 £10 £7 buyers $50 $62, sales & sellers $15-$331; sales & buyers £10 $46, sellers & buyers $37], $44, sales sagl

Bank ON SE

Private

ON YOKOHAMAS,

On demand

ON MAN

-On demand

7 ON SINGAPORE

On demand SOVEREIGNS Ba GULD LEAF,

HONGKONG, 10th

there has been a slight

164

48503

lasti

demand

steam tonnage coastwise, but rates have no terially changed.

From Saigon to Hongkong scarcely any has existed, but at the close there is a and medium-sized steamers could be i 10 cents per picul. *yles

Saigon to Java the rate has improved per picul, at which further tonnage is wante * Bangkok to Hongkong no settlements are the rate remaining nominally 15/10 c

Japan coal freights remain firm at $1.30 to Hongkong and $2.35 per ton to Singa

There is no enquiry for sailing American ships John R. Kelley, Tacoma, 1,672 tons register, proceed pines to load for United States, and

Fort Strict, 2,313 tons register, To Manila for London, all under charter effected on home

There are five vessels disengaged in por

ing 7,653 tons.

The following are the settlements:

0 to

Orted, picul

ton

Falls of Dee British ship 1,845 tons, hence to San Francisco, private terms.

Canton-British steamer, 1,110 tons, Kuchinotzu to Hongkong, $1.25 per ton

Decima-Germa1 steamer, 1;151 tons, Moji to Hongkong, $1.30 per ton..

Loyal German steamer, 1,237 tons, Moji to Hong- kong, $1.30 per ton.

1

Peiyang-Gernian steamer, 1,036 tons, Moji to Hongkong, $1.30 per ton.

Hainan German steamer, 741 tons, Moji to Hong- kong, $1.30 per ton.

Pronto German steamer, 719 tons, Moji to Hong kong, $1.30 per ton.

Tordenskjold-Norwegian steamer, 904 tons, Moji to Singapore, $2 35 per ton.

Tellus Norwegian steamer, 1,948 tons, Kuchi- notzu to Singapore, $2.35 per ton.

Macduff––British steamer, 1,882 tons, Takso for Taiwanfoo.to Yohohama, 13 cents per picul.

Loyal-German steamer, 1,237 tons, hence to Kote, $3,050, in full.

Falkenberg German steamer, 1;175 tons, Saigon to one port North Coast Java, 22 cents per

Wuolan-German steamer, 1,201 tons

one port North Coast Java, 213 cents per

Kansu--British steamer, 1,158 tons,

one port North Coast Java, 21 cents per

Holstein German steamer, 1,103

gon to

gon to

one port North Coast Java, 22 cents per picul if two ports, 23 cents per picul.

| Daphne---German steamer, 1,290 (Tonkin) to Hongkong, $1 per ton per ton.

Dante-German steamer 1,303 Hongkong (re-charter), 9 cents

Ingraban German steamer

$10, $12), sales & buyers | Hongkong (re-charter), § cen

:

Y. V. VERNON, Broker!

CLOSING QUOTATIONS.

WEDNESDAY, 10th February,

EXCHANGE.

ON LONDON.

Telegraphic Transfer

Bank Bills, on demand Bank Bills, at 30 days' sight

2/11

Bank Bills, at 4 months' sight

2/11

Credita, at months' sight *****Documentary Bills, 4months sight On Paris.

hanged hands Bank Bills, on demand

Wanch

khave

$17

Bur

oona Credits, at 4 mon

hanged ON GERE

Hong. Or

Bank

Credita 60 day

2.66

2.70

Prontowal

months

Tordenskjold monthly, 3/3

Quarta 10 months (re

mer

Walluc $130

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