The-Hong-Kong-Weekly-Press-1897-10-07 — Page 19

Hongkong Weekly Press AND China Overland Trade Report All

October 7, 1897.]

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BANKS.-Hongkong and Shanghais have changed hands in small lots at 177 and 176) per cent. prem., with a small business on time at equivalent rates; the market closes quiet and neglected. Nationals have found buyers at $191 and $20, closing with sellers at the latter rate. Bank of Chinas continue out of the market.

MARINE INSURANCES. China Traders, after further sales at $79 cum dividend, eased upon receipt of the news of the loss of the Namoa, in which it is understood this Com: pany inter alia was interested; the market closes with sellers at $73 ex dividend. Unions remain unchanged; reported business at $245. Cantons continue on offer without sales. The report just published recommends a final divi- dend of $6 per share and a bonus of 20 per cent. to contributors, the sum of $4,276.22 being carried forward to new account. In Straits, North Chinas, and Yangtszes there is nothing to report except sales of the first at $18.

FIRE INSURANCES.-Hongkongs have im- proved to $365 with buyers, after sales at $360 and $362, closing firm with an upward tendency, Chinas have ruled steady at $106 with small sales at that and $106.

SHIPPING. Hongkong, Canton and Macaos have continued out of favour with shares offering all the week at $32 and only very few small sales. Indo-Chinas have been in fair demand at $50 and a fair business has been transacted in them at that rate, market clos- ing with further bayers. Dougläses, which ruled weak at the commencement of the week at $60 ex dividend, fell further to $59 upon receipt of the news of the loss of the s.s. Namoa in the Haitan Straits on her passage from Amoy to Foochow; the steamer was covered by insurance, but the Company will feel the loss of an economical and useful boat, to replace which by a new steamer will cost them from 2 to 21 times the book value of the Namon. Manilas and China Mutuals remain unchanged and without business.

China

REFINERIES-China Sugars have ruled very steady with small sales at $147. Luzons continue entirely out of favour with sellers and no sales at $39.

MINING-Punjoms have ruled more or less neglected with few sales at 851 to $51, closing with sellers at latter rate. Charbonnages have been negotiated at $86 and $87. Olivers with a favourable report from the Mines have been in fair demand and after sales of B's at $7, $73, $8, $81, and $84, close steady at $84. New Balmorals have also improved to $1.60 with sales (Preferences). Jelebus have been in some demand; sales have been mado at $2.40. Raubs have again goue back to 521 with sales, after fair transactions at $23, $221, $22, and $214, the market closing firm with buyers at $21. Great Easterns in sympathy with Olivers further improved to $3 after sales at $2.50, $2.70, $2.90, and reported ones at $3.25, market closing with sellers at $2.90

DOCKS, WHARVES, AND GODOWNS.-Hong- kong and Whampoa Docks have been negotiated in small cash lots at 226 per cent. prem., for Decr. at 235, aud January at 238 and 239, the market closing quiet at 226. Kowloon Wharves continue neglected with little or no business at quotations, and Wanchais close un- changed without sales.

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LANDS, HOTELS, AND BUILDINGS.-Hong- kong Lands have been constantly on offer during the week at $76, resulting in small sales at $75; more shares, however, could be placed at that rate. Kowloon Lands remain neglected at quotation with only very small sales. Hotels have changed bands at $48, closing steady. West Points have been nego. tiated at $21 and close with.buyers at that rate and sellers at $214. Humphreys Estates are pretty generally enquired for at $9.50 to $9.60, bat no sales have taken place, holders not caring to part except at an advance.

MISCELLANEOUS.-Green Islands have fur. ther improved with sales at $16 for new and $31 for old shares, market closing with sellers at those rates. Watsons have been negotiated in small lots at $12 and Fenwicks at $28.25, whilst Electrics, Tramways, Ices, and Ropes have all been on offer without leading to business. Cottous hava continued quiet with but little doing at quotations.

CHINA OVERLAND TRADE REPORT.

Closing quotations are as follow:—

COMPANY. Banks-

Hongkong & S'hai.....] China & Japan, prf. Do. ordinary... Do. deferred... Natl. Bank of China) B. Shares...... Founders Shares.. Bell's Asbestos E, A....

Campbell, Moore & Co. China Sugar Cotton Mills-

Ewo... Hongkong Internati nal Lagu Kung Mow Soychee Yahloong Dairy Farm Co.. Fenwick & Co., Geo....

Green Island Cement....

H. & China Bakery Hongkong & C. Gas Hongkong Electric ...! H. H. L. Tranıways... Hongkong Hotel Hongkong Ice

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

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

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North-China Straits Union Yangtsze.

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

*

Charbonnages Great E. & C'donian Du. Do. Jelebu New Balmoral

Do. Preference Oliver's Mines, A.

Do. Punjom

B.

Do. Preference.. Raubs

New Amoy D. ek Steamship Coys.-

£3 10s. nominal

£1 £5, 59, sales & buys,

283

shares, confined to forced sales for the settlement. PAID UP.

QUOTATION. Ewos were forced off at Tls. 112 and Tls. 108, and [$346.25, sal. & B.. Internationals at Tls. 120 and Tis. 1171. Laou- $125 177 "o prem kung-mow shares were sold this morning at

£5 nominal

Tis. 115 for December. Shanghai Rice Mill shares were placed at TIs. 30 cash and Tls. 31 for the 31st December, China Flour Mill shares at Tis. 57, and American Cigarette abares at 'l'ls. 85. Tugs and Cargo Boats-Shanghai Cargo Boat shares were sold at Tls. 2021. Miscellaneou«. Sbanghai-Sumatra Tobacco shares changed hands at Tls. 94/93 cash, Tis. 95 for the 31st current, Tla. 102 for the 31st January, and Tls. 105 for the 31st Marchi. A large business was done in Shanghai-Langkat shares at Tla, 430 to Tis, 605 cash, Tls. 510 and Tls. 525 for October, Tla, £60 for November, Tla, 480 to Tls. 560 for December, Tls. 600 and Tls. 610 for March and Tls. 570 and Tls. 600 for May. There are sellers for December delivery at Tls. 560. Hall and Holtz share changed bands at $40). Loans. Shanghai Gas 5 per cent Debentures were told at Tls. 100,

£8 $19) sellers £1 $19, sellers £1 $9, sellers $10 $9 $100 $147, sal. & buyers

¡Tls. 100 Tls. 112, sellers

$20 ($18, sales Tis. 100 Tls. 120 Tls. 100 Tls 118, sellers Tls. 500 Tls. 575, sellers Tls. 70 Tls. 72

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., S. A....

$5 $4.75, buyers $25

$28 25, sales

[& sellers $10 $31, ex. N.I., sales

$16, sales & sellers

$50 $33, buyers £10 $110, buyers

$8 $10-sal. & sellers $100 $112, sellers

$50 $48, sales $25 $113

$50 $63, sellers

$50 $170, buyers $125 $220 p. et. prem.

[$407}, sales

$50 $170, sellers $20 $106, buyers $25 $73, ex div. sellers $50 $365, buyers £25 Tis. 200 $20 $15, buyers

$25 $2174 $60 $158

$50 $75, sales $10 $9.75 $30 $.9, sellers

$40 $21, sales & buyers $100 $39, sellers

Fcs. 500 $36, buyers

$75, sales & sellers $24 $2.90, sellers $5 $2.40, sales

$1 $1.50, sales $1 $1.60, buyers $5 $20

$24 $1, sales & buyers $4 $5, sales & sellers $1 $1.60, buyers

13s. 10d. $21, sales & buyers

$10 $181, sellers

$50 $75, buyers

£5 £2 10s. buyers £10 £7, buyers $50 $59, sellers $15 $31.75, sales & sol, £10 $50, sales & buyers $37) $45, sellers

$10 $12), sal. & sellers J. V. Y. VERNON, Broker.

TONNAGE.

Hongkong, 6th October.-Freights generally re- main about us before advised.

From Saigon to Hongkong, a ready steamer is wanted at 12 cents per picul; to Jaya 19 cents has been accepted.

From Java to Ilongkong, a medium-sized steamer has been placed at 18 cents per picul, which is the nominal quotation.

From Philippines to Japan small steamers are wanted at 30 cents per picni; to Hongkong 16 cents per picul.

Newchwang to Canton, the rate has advanced to 26 cents per pical for late October and early Novem- ber loading and further tonnage could be placed.

Coal freights, Moji to Hongkong, $1.40 per ton; to Singapore, $2.25. Mororan to Hongkong, $2.50 per

ton.

Sailing freights are weak, and no fixtures are re- ported; 12s. per ton of 40 cubic feet is offered.

There are four vessels disengaged in port, register- ing 4,627 tons.

The following are the settlements:— Chunshan-British steamer, 1,282 tons, Saigon to Kobe, 24 cents per picul.

Apenraule-German steamer, 696 tons, Saigon to Kobe, 27 cents per picul.

Germania-German steamer, 1,775 tons, Mororan to Hongkong, $2.50 per ton.

Marie Jebsen--German steamer, 1,850 tons, Ka- chinotza to Hongkong, $1.40 per ton.

Petrarch-German steamer, 1,251 tons, Iloilo to Hongkong, 15 cents per picul.

Tritos-German steamer, 1,341 tons, Saigon to one port Java, 19 cents per picul; thence to Hongkong 18 cents per picnl.

Fooksang-British steamer, 991 tons, Newchwang to Canton, 25 cents per picul.

Fiksany-British steamer, 887 tons, Newchwang to Canton, 25 cents per picul.

Tordenskjold-Norwegian steamer, 904 tons, New- chwang to Canton, 23 cents per picil.

Taksang-British steamer, 977 tons, Newchwang to Canton, 25 cents per picul.

Canton-British steamer, 1,110 tons, Newchwang to Canton, 26 cents per picul.

TancredNorwegian steamer, 761 tons, New- chwang to,Canton, 24 cents per picul.

Loksang-British steamer, 979 tous, Newchwang to Canton, 28 cents per picul.

Taiyick-Gerinan steamer, 1,053 tons, Newchwang to Canton, 25 cents per picul.

An Indo-China §. N, Co.'s steamer, Newchwang to Canton, 26 cents per picul.

Wuotan-German steamer, 1,201 tons, monthly, 8 months, $4,600 per month.

Decima-German steamer, 1,145 tons, monthly, 1/1 month, $1,300 per month.

VESSELS ON THE BERTH. For LONDON.-Dardanus (str.), Oanƒu (str.), For SAN FRANCISCO.-Coptic (str.), City of Rio de Janeiro (str.).

SHANGHAI, 1st October.-(From 'Messrs. J. P. Bisset & Co.'s Report.)-With the exception of Tobacco ani New Dock shares, business was not brisk. This was caused to some extent by the tightness of money, some Banks calling up loans, and interest has been raised in one quarter to.7 Banks.-Hongkong and Shanghai per cent. Banking Corporation-The only transactions reported here was a small sale at 185 per cent premium. Marine Insurance.-Business has been confined to Yangtze shures at $160, and Straits at $19. Fire Insurance.-A small lot of Hong- kongs wereplaced at $856. Shipping.-Indo China s. N. shares were placed at Tls. 39) for delivery on the 31st March. Sugars.-China Sugar Refin- ing shares were placed at $148 and $149 cash and $1621 for the 31st March. There are sellers. Luzon shares are offering at $41. Docks, Wharves and Godowns.-Shares in $. C. Furnham & Co. have been sold at Tls. 170 cash and Tls. 172 for the 31st December. A large business has been done in Shanghai Engineering and Dock shares at very irregular rates, Ordinary shares at Tls. 80. cash, Tis. 80, Tls 75, and Tls. 90 for December, and Tis. 85 to Tis. 90 for March. The closing price for cash is Tls. 80, at which there are buyers. Shanghai and Hongkew Wharf shares are offering at Tls. 123, and Hongkong and Kowloon Wharf

For MARSEILIES.-Cowrie (str.), Kawachi Marw and Godown shares at $63. Industrial. But a meagre business has been done in Cotton Mill | (str.), Yarra (str.).

For VANCOUVER.—Empress of China (str.). For Tacoma.- Columbia (str.).

For New YoжK.—Gov. Robie, Liv (str.), Dromellan, Abner Coburn (str.), Energía (str.). For AUSTRALIA.—Guthrie (str.). For PORTLAND.—Mogul (str.). For BALTIMORE.—Isaac Reed, Iolani For BREMEN.-Preussen (str.), Maria Rickmers (etr.),

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