June 9, 1897.1
all the mills will be under. Foreign control in the near future. Meanwhile, judging by the market prices of the shares, the public appear to have great confidence in these ventures.
Metals-(From Messra. Alex. Bielfeld & Co.'s Report) 4th June:--Owing to the opproach of one of the Chinese settling days, the 5th of the 5th moon, business has been exceedingly quiet during the week. There is absolutely no demand for goods, and though most of those who cannot take up invoices ordered are willing to made good any lose sustained, so gloomy is the market that goods cannot be disposed of at any price, even by iuction. Deliveries have been very slow, and amporters are at their wits end to save themselves,
JOINT STOCK SHARES. HONGKONG, 8th June. The market remains steady with a fair business and no important changes to report.
BANKS.-Hongkong and Shanghais have changed hands at 184, 183, and 185 per cent. prem. for cash, closing quieter at 184.The fatest London rate by private advices is £41 108. Nationals continue to be enquired for without bringing out sellers and the rate has risen to $23. Bank of Chinas still out of the market.
MARINE INSURANCES.-Continue dull and more or less neglected, small sales of Yang tszes and North Chinas in the North con- stituting all the business under this heading.
FIRE INSURANCES.-Hongkongs have ruled steady with a small business at $352, at which shares are still wanted, whilst at $355 they are - obtainable. China Fires have been the medium of a fair business at $103 and $104, closing with sellers at the latter rate.
SHIPPING. Hongkong, Canton and Macaos, with the actual opening of the West River to traffic on the 3rd inst., have been dealt in at gradually advancing rates in fair quantities. In the early part of the week shares changed hands at $354 and later at $354 and $36 for cash, whilst several transactions were put through at $36 and $361 for delivery 30th inst., and at $363 for 31st July. Market closes quieter at $357. Indo-Chinas have continued neg- lected and dull with sellers and but few sales, market closing with sellers at $47. China and Manilas have ruled firm but without any transfers. Douglases are reported to have changed hands at $67 and $66, but the market is quiet and more or less nominal at those rates. China Mutuals unchanged and without business. REFINERIES.-China Sugars after further small sales at $145 rule weaker with sellers at $144.
Luzons have continued in demand at quotation with sales and close firm.
MINING-Punjoms, which were ruling very steady during the early part of the week at $9, have again receded to 87 consequent upon the receipt of news of a very disappointing May crushing, totalling 461 oz., of which 76 oz. were obtained from a pocket. Shares have changed hands during the week at $9, -88, $84, $81, and $74, the market closing quiet. Charbonnages remain steady but neglected at quotation. New Balmorals have been dealt in to a fair extent at $2.70 and $2.60 for preferences and at $2.20 to $2.40 for ordinaries. Jelebus have ruled steadier and in some demand at $24 Raubs continue firm and in favour with sales at $29, $293, and $30, market closing quieter at $293. Olivers have ruled quieter with sales at $23 for A's and $8 for B's. A telegram to the Managers reports a crushing of 250 tons yielding 136 oz. gold.
CHINA OVERLAND TRADE REPORT.
MISCELLANEOUS, Green, Islands have been on offer for the week at $40 without leading to business. Watsons have changed hands in small lots at $12.50 and $12.60, Ropes at $174, Electrics at $8.10, Tramways at $105, 3106, and $107, and Ices at $113. Cotton Mills all show a further advance with fair business. Closing quotations are as follow :-
COMPANY. PAID UP. QUOTATION.
[$355) sellers $125.184 prem.
25 nominal £110s. nominal
£125
Banks-
Hongkong & S'hai...... China & Japan, prf. Doordinary... 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 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 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
Do. Preference Oliver's Mines, A.
Do.
B.
Punjom
Do. Preference... Raube Steamship Coys.-
China and Manila China Mutual Ord... Do. Preference... Douglas B. S. Co. H., Canton and M... Indo-China S. N....
Watson & Co., A, S. Wanchai Wareh’se Co.
...
..
£8 $23, buyers £1820
€189, sellera
$50 (in liquidation). $10 $8 $20 $3
$100
$144, sellers 85 (in liquidation). $5 $5, nominal $25 $29, sellers
$50 $33, buyers
ל,
$10 $40, sellers
210. $110, buyers
$100
$8 $8.10, sal. & buyers $107, sales & buyers
$50 $19, sales
$25
$113, sales & buyers
$50
$65, buyers
$50
$174, sales & buyers
$125
244 p. ct. prem.-
[$430
$50 $1821
$20
$104, sellers
$25, $6, buyers
$50 $353, buyers
£25
Tls. 185
$20
$19, sellers
$25
$227, sellers
$60 $155
$50
$78, buyers
$10
$9, sales & sellers
$30
$17, sales & buyers
$40
$2, sales & buyers
$100
$50, buyers
Fcs. 500 $100, sellers
$5 $2.25, sal. & buyers
$1 $2.30, sellers
$! $2.50, sales $5 $23
$24 $8, sellers $4 $73
$1 $2.25, sellers
13s. 10d. $29, buyers
$50 $75, buyers
£5
£210s.
£10
£7, buyers
$50
$66, buyers
$15
$354, sellers
£10
$47, sellers
$371 5431, buyers
|
-
459
shares changed hands at Tls. 850, Tle. 875 and Tis, 380... Shanghai and Hongkew Wharf shares were placed at 11k. 122, cash, Tisi 124 for August, and Tls. 126 for September. Industrial TM** In Cotton Mill shares; Ewos were sold at Tls. 112 to 11s: 1181 cash, Tla 115 for 16th June, The. 18 for the 80th June, and Tls, 116/116 for 81st July, Internationals at 'l'ls. 117 tô Tis. 122, cash and Tla:127) for the 31st August, Laou-Kung-Mows at Tis: 122 to Tle. 126 casti, Tls. 125/126 for the 20th June, and Tls, 127/123 for the 31st July, and Soy Cheer at Tian 570 to Tls, 585 cash and ; } ¿Tls.£ 532} [for the 31st August. Shanghai Ico shares were placed at Tls, 125. Tugs and Cargo Boats. Shanghai Tug. Boat ahares were sold ât Tls. 215. Miscellaneous.Tobaccoɔ shares, business was done in Suinatras: at various rates from Tis. 107 to Tls. 110 cash and Tis. 112 for the the 30th June, the cash closing rate being T1s. 109, and in Langkats at Tls. 555 cash, Tis. 610 for the 81st October, and Tis, 625 for the 30th November, Quotations are:
$10 $121, sales & buyers J. Y. V. VERNON, Broker.
́SHANGHAI, -4th June.--(From. Messrs. J. P. Bisset & Co.'s Report.)-Busincas has been chiefly confined to Cotton Mill shares, with some transac. tions in Indo-China 8. N. and Sugar shares- Banks Hongkong and Shanghai Banking Cor- poration. No business has been reported on our market during the week. Bank of China and Insurance.-Business has been confined to Yang Japan deferred shares are offering at £5. Marine tazes at $157) for
Hongkong and Shanghai Banking Corporation.
-$355,
Bank of China, Japan, and The Straits, Limited,
deferred shares.—25.
Bank of China, Japan, and The Straits, Limited,
ordinary, shares.-Nominal.
Bank of China, Japan, and The Straits, Limited,
prof. shares.-Nominal.
National Bank of China, Ld.-$21.
National Bank of China, Ld., Founders.-$100. Union Insurance Society of Canton, Ld. #3280.: China Traders' Insurance Co., Ld. -$78. - North China Insurance Co., Ld. →Tla. 185.00. Tangtsze Insce. Assocn., Ld.-3158. Canton Insurance Office, Ld.—$185. Straits Insurance Co., Ld.-$18. Hongkong Fire Insurance Co., Ld. -$350. China Fire Insurance Co., Ld.-5101.
:-
Hongkong, Canton and Macao Steamboat
-$35.
Indo-China Steam N. Co., Ld. Tls. 36.00. Douglas Steamship Co., Ld.---365.
China-Mutual-Steam Nav. Co. pref. shares.-
Tla, 50.00
China-Mutual Steam Nav. Co. ord. shares.→→
Tls. 22.00.
Perak Sagar Cultivation Co., Ld.Tls. 31.00.
China Sugar Refining Co., Ld.—$147,
Luzon Sugar Refining Co., Ld.19.
Sheridau Consolidated Mining enl. Milling
Company, Limited.-Tle. 2.00.
Punjom Mining Co., Ld.--$8!
Punjom Mining Co., Ld., pref: shares.-$1.85
Jelebu Mining & Trading Co., Ld.-$2.20.
Raub Australian Gold Min. Co., Ld.—$24. Boyd & Co., Ld., Founders.-Nominal.
Boyd & Co., Limited.-Tls. 207.50.
8. C. Farnham & Co.-Tls. 184.00.
Hongkong and Whampoa Dock Co., Ld.—$4284. Shangha & Hongkew Wharf Co.-Tls. 122.50. Hongkong and Kowloon Wharf and Godswa
Company, Limited.-$64.
Shanghai Land Investment Co., Ld. (fully paid)
-Tls. 90,00.
Hongkong Land Invest, & A. Co., Ld. $774. Kowloon Land & Building Co., Ld. — 316. Humphreys Estate and Finance Co., Lid.—$8}. | Shanghai Gas Co.-Tls. 230.00.
Major Brothers, Limited Tls, 42.50. Ewo Cotton Spinning & W. Co., I.—Tls, 113.50, International Cotton Man: Co., Ld. Tls. 122.50. Laou-kung-mow Cotton Spinning and Weaving
/ Co., Ll.—Tìs. 126.00. Boy Chee Cotton Spinning Co., Ld. Tis. 565.00. Shanghai Ice Company Tls. 125.00 Shanghai Tugboat Co., LdTls. 216.00. Taku Tag & Lighter Co., Ld.-T. Tls, 108.00. shanghai Cargo Boat Co.--Tls. 193.00. Shanghai Waterworks Co., Ld.-Tls. 810.00. Co-operative Cargo Boat Co.-Tls. 175.00.
Docks, WHARVES, AND GODOWNS.Bus-Straits are offering current, and $158 cash. banghai Sumatra Tobacco Co. Tls. 109,00.-
shares.
at $18. Fire Insurance.-
ness under this heading continues dull and There is no change to report. Shipping. Hong more or less neglected; small cash sales of Hongkong Canton and Macao Steamboat shares were kong and Whampoa Docks at 245 and 244 sold, and are wanted, at $35. Indo-China S. N. per cent, prem, and of Kowloon Wharves at shares were sold at Tls: 85 cash and Tls. 35/344 $65 and $66 are all the transactions that have for the 31st July; but the market afterwards been reported.
Wanchais continue to be recovered, and business was done at Tlá. 36 cash, enquired for at $434 without bringing out any Tle. 37, and Tls. 38 for the 31st July, and Tls. 41 for the 31st December. Cash shares are wanted at Tls. 36. Sugar Companies.-Perak Sugar Cultivation, shares were placed at T's. 31. and are wanted at the same figure. China Sugar Refining. shares changed hands at $147 cash and 148/148 for the 30th current. Luzon Sugar shares sold at $49 cash, and $50 for June, and phares are wanted. Docks, Wharves and Godowns. Shares in S. C. Farnham & Co. were placed at Ts. 184 cash, and Ils. 188 for September delivery, Shanghai Engineering and Dook shares, ordinary at Tls., 105 to Tls. 107 cash, Tis. 1073 for the 30th June, and ITls. 111 for the 30th September, while Founders'
LANDS, HOTELS, AND BUILDINGS-Hong kong Lands continue dull and unchanged with buyers at $78 and sellers at $78. Hotels have changed hands in fair quantities at 849, mar ket closing steady. West Points have found further buyers at $19.75 and $20, closing firm at latter rate. Humphreys after further sales at 881 and $81 have touched $9 with sales; shares, however, are still obtainable at the last named rate. Kowloon Lands continue steady with small sales at quotation.
Shanghai Horse Bazaar Co., LdTl/76.00. Shanghai Langkat Tobacco Co., Ld. Tls. 550.00
J. Llewellyn & Co., Limited. -$55.00) A. S. Watson Co., Limited. -$12 25. Hall & Holtz, Ld.-g37.50, Bell' Asbestos Eastern Agency. Ld—$9.00. Hongkong Electric Co., Ld.-$8.00.
TONNAGE.______
· SHANGHAI, 4th June (from Mesara. Wheelock & Co.'s report.)—Rates of freight homewards remain unchanged. For New York there is a desire to put up the rate to 30/0 for general cargo, but we think that the existing opposition, which seems now to be an established service, will prove a serious to any such step. 1 For New York vid Cape. Gian Mackenzie left here on the 29th ultimo with 1,000 tons on board at a very poor rite, and with only 500 tons awaiting her in Hongkong and nearly all her lay days expired; we fear this venture will
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