The-Hong-Kong-Weekly-Press-1898-10-08 — Page 21

Hongkong Weekly Press AND China Overland Trade Report All

¿

October 8, 1898.]

Ek

CHINA OVERLAND TRADE REPORT.

Docks, WHARVES, AND GODOWNS.-Hong- kong and Whampoa Docks have ruled quiet with only small sales at 249 and 248 per cent. prem. Kowloon Wharkes after sales at $66 have declined to $65 with sales, but more shares wanted at that rate are not procurable. Wan. chais unchanged and without business.

sales at $68.

LANDS, HOTELS, AND BUILDINGS.-Hong- kong Lands have improved to 869 after small A sale is reported at 370, and without business at $53. Humphreys Estates Market closes at $69 buyers. Hotels unchanged

have foun buyers at 881 and West Points are enquired for at $18 without bringing out sellers.

MISCELLANEOUS.-Cotton Mills have some- what gone back in Shanghai, whose quotations are given. Hongkong Coltons are offering in a small way at $50. Watsons have changed hands at $12.25. Electrics at $81, China | Providents at $9.40, Star Ferries at S9, and Green Islands (old at $27. Ices, Traun- ways, Fenwicks, and Campbell and Moores have been enquired for without leading to business.

last was penned still continues, no definite, of authentic news having been received from the Capital. That the young Emperor is dead is beyond all doubt now, although it has not been officially announced to the Nation, and it seems equally certain-that, if he was not actually mur. dered, he was forced to commit suicide. This terrible but it is to be hoped only temporary, chok that the cause of progress has received, brought about as it bas been by few well-known bugbears th the welfare of their country, has occasioned much concern amongst the more enlightend of the trading classes, and great anxiety as to what will be the outcome of it all is prevalent. The markets all over the country are depressed, and the Natives have very little heart to think of forward transactions, con- sidering the disturbed state that many parts are now in, and which may easily be fomented into a general Rellion if he oli conservative policy of the Gover inent is resorted to again. Hopes are entertained that a coalition of certain of the Foreign Powers will be formed to uphold the in- tegrity of the Empire, but until something de- finite is known this trade is bound to suffer With the Mid-Autumn Festival, one of the most important of the settling days, occurring in the interval, added to the disturbing influences re- ferred to above, there is little wonder that next to nothing has been done in spot eargo, and very few of the dealers have the courage to risk indenting, except perhass for a few specialities, although it is getting fuil late to send orders for the early Spaing trade. Some of the Impori houses, bow ver, appear to be anticipating re-.. quirements in special makes and chops. The Auctions continue in full swing and seem al- most too much for the capacity of the market, the consequence being a continuous drop in Campbell, Moore & Co. prices, amounting now to from five to ten per cent in the last two months, against a rise in ster'ing rates for immediate of 41 per cent. The relatively lower rates offering for forward fran- sactions preclude much inclination to buy for the new season, as after the ex, erience of the last few years the Natives are more cautions now about gambling in Exchange. The Yarn market is without improvement and considering the large stocks the off take is not at all satisfactory. Local except perhaps for Japanese No. 16s. Spinnings are weaker in sympathy with the importe article. Cotton has declined to 13.00 for best machine ginned.

ls.

JOINT STOCK SHARES. HONGKONG, 7th October.-A fair business has been transacted during the week at almost generally increased rates and the market closes steady to firm all round.

BANKS.-Hongkong and Shanghais have found small buyers at 215 per cent. premium, for cash and at 225 for January. Nationals have again been dealt in at $17.

MARINE INSURANCES-China Traders con- tinue on offer at $61 without business. Unions after small sales at $220 are enquired for at $225. Cantons are in some small demand at $131. The report of the last recommends a dividend of $4 per share and the withdrawal of * $150,000 from reserve fund. In the Northern Insurances there is nothing to report. Straits have been negotiated at $8.

FIRE INSURANCES. - Both Hongkongs and Chinas continue on offer at quotations without business.

SHIPPING, Hongkong, Canton and Macaos have ruled a little quieter with sellers at 8284 and finally with sales at $284. Indo-Chinas have improved to $59, after a good business at $58 and $58, market closing quieter at $59. On time shares have changed hands for March at $63, $64, and $65. Douglases remain .ne- glected with sellers at 850, China and Mauilas and China Mutuals remain without business,

REFINERIES.-China Sugars have advanced to $164 after fair sales at $158, 81585, 8159, $160, $162, and $163. On time shares have been placed at $170, 8172, 8173, and $175 for March and at about equivalent rates for Decem- ber and January. Market closes quiet at $164. Luzons have found buyers at $13.

MINING.-Panjoms have been in fair demaud and Lave changed hands at $5.25, 85.50, and $5.75, closing firm at last rate. Raubs have been on offer at $37 and $364 without leading to business. Balmorals have been negotiated at 50 cents and 30 cents, Olivers at $3.65, and Great Easterns at $6,40 and $6.50. Jelebus have been enquired for and small sales effected at $4.40.

|

COMPANY.

Panks-

301

SHANGHAI, 3rd October-(From Messrs. J. P Bisset & C's Report)—With exception of Hong- kong and Shangoni Bank shares, but a small business has been done: Banks.-Hongkong and Shanghai Banking Corporation. Business was dose locally at 214 per cent. 215 per cent., and 217 per cent, premium for cash, 217 per cent. for October, and 225/226 per cent. for the 31st January, and 230 per cent. for the 28th Eebruary. Cash shares were also purchased from Hongkong exchange laid down hero. at 215, costing about 217 per cent. and 73 National Bank of China shares changed hands at $17. Marino Insurance No local business has been done. Union Insuane Society of Canton, Ld.—Shares are wanted. China Traders' Insurance Co.- Shares are offering at $63. Fir. Insurance.-No business reporte l. Hongkons are offering at $30, and Chinas at $92.70. Shipping.-Hong. kong, Canton and Micio Steamboat shares have improved to $25.75. Indo-China S. N. shares have been in demand, and changed bandvat Tls. 40, and are wanted at Tls. 40.50). Sugar Companies -Perak Engar Cultivation shares were sol·l at Tls. 49 an 1 Îla, 10,50, China Sugar Refining shares were placed at $137, Mining.- Oliver's Freehold Mines B shares were purchased from Ingkong at $3.6). Dock, Wharves and Godowns.-Shares in . C. Finhum & Co. were plaze lat: Tis. 158. Shanghai Enginering. Ship- building & Do k Or linary share: were sold at Tla. 78 cat and Tls, 80 for the 31st current and more are wanted. Foun lers' sha changed hands at Ils. 221, and are offering hangaai and Hongkew Wharf shares were placed at Ts. 116. Lands- £1 $17,ales & buyers langai Lind Investment shares were sold at Tis."

82. Industrial -Shanghai Gas shares are offering at Tls. 210 and Major Brothers shares at Tis. 30 Colton Mill sharos are depressed. Ewos were sold at T, S, and are offering at the same prico. Internationals are offering at Tls. 85, with buyers at Ts. 80. Iaou-Kong-Mows were placed at Tis. 8. Shanghai le- shires are wanted at Tls. 90. China Flour Mill shtres are offering at Tls. Tugs & Cargo Baiti.—S ang vai Cargo Boat shares were placed at Tis, 165, and are wanted. Miscellaneous. —Shanghai-Sumatra Tobaccò shares were sold at Tls. 66 to Tis. 64, and are now wantel at Pls. 65. Shan-hai-Laugkat Tobieco shár s are offering. Shares in A. S. Watson & Co. have improved to $12.25, J. Llewellyn & Co. shares are offering at $61,and Hall & Holtz shares at $34. Loans.-Songhai & Hongker Wharf 6 per cent. Debentures were sold at Tls, 100.50. Quotations are:--

Closing quotations are as follows:-

PAID UP. QUOTATION.

($393.75, sellers $125 215 10 prem

£5 nominal £4 £0 10%. 6d., buyers £1 £5.55.

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

Do. ordinary... Do, deferred.... Natl. Bank of China'

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

China Prov. L. & M.... China Sugar Cotton Mills-

Ewo... Hongkong International La u Kung Mow Sovchce Yahloong

Dairy Farmi Co. Fenwick & Co., Geo.... Green Island Cement.

Do. New Issne.. H. & China Bakery Hongkong & C. Gas Hongkong Electric H. II. L. Tramways Hongkong Hotel Hongkong Ice

H. & K. Wharf & G... Hongkong Rope... II. & ́W. Duck 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

Great E. & C'donian Jelebu .. New Balmoral

Do. Preference Oliver's Mines, A.

Do.

£8 $17

£1 nominal

$10 $8

$10 $9.40 sil. & sellers $100 $104, sellers

Tis. 100 T. 80

$70 45, sellers. Tis. 100 Tls. 8 Tls. 10 TIS & Tls. 500 Tls, 40 Tls. 100 Tls. 55

$25 $91, buyers $10 $21, seller

$5 $16. sellers $50 $33

£10 $125, buyers

$10 $54, sales a buyers $100 $114, buyers

$50 $53

$25 $109, Luyers $50 $6% buyers $50 $162, buyers $125 249 pvt. prem.=

[$436.25

$50 $13, buyers $20 8921, sellers $25 $61, sellers $50 $325, seller £25 Tls. 180

$20 $74. sellers $50 $225, Luvers $60 $129

$50 $69, buyer

$10 $1.50, sa'. & sellers $30 $171

$40 $184, buyers $100 $43, sales & buyers

Fce. 500 $10,

sellers $1 $64, sellers $$ 40, stles +1 30 cts.

$$, ellers

$24 $3 75, 61. & sellers

B.

$5 $75, buyer. $1 $1.5), buye ́s

Puujom

Da. Preference Raube

New Any Dock Steamship Coy. --

China and Manila......... China Materal Ord

Do. Preference Do. TA Douglas S. S., C. H., Canton and M... Indo-China S. X. Star Ferry Tebran Planti g Co.

Do.

United Asbestos

Do Wanchai Wanel'e Co. Watson & Co., A S....

14s. 100, $504

$61 $.3), sal. & buyers

$50 $8

£16 £914, ex div. b. £10 £510.

$5 $50, sellers $15 $21, seller £10 250, sellers $78, -uyers $ $1, ellers $ 63, lers

$: $140, sal. & buyers

$ 0:10, nominal 8374811

$10 $ 1.25, bers

J. V. Y. VERNON, broker.

51.

BANKA.

Hongkong and Shanghai.—§396.26.

Thank of China and Japın, defd.-£5,5,4

Do. rdinary.-Nouinal.

National Bank of China, Ld.—$17.00. COTTON MILLS,

Ewo Cotto Spinning & W. Co., Ld.—Tis. 50.00. Hongkong Cott。 1 S.-W. & D. Co.-

-

50.00 International Cotton Man, Co, L∙l.—-Tls, 80,00, Laou-kung-mow Cotton Co., LL.—Tls. 84.00. Soy Chee Cotton Spinning Co., Ld.--Tls. 450.00. DOCKS. WHIRVES, &C.,

Royal & Co., Ld., Founders.-Nominal. Boyd & Co., Limited.-Tis. 183.00.

Hongkong & Kowloon Wharf Company.—$66. Hongkong and Whampoa Dock Co..Ld.—$432,50. S C. Farnham & Co.-Tls. 158 00, Shanghai Engineering S. & D. Co.-Tla. 78.00, Shangha: & longkew Wharf Co.-Tis. 116.00, INSURANCES,

Canton in mance Office, Id.—$139.00. Chuna Fire Insurance Co., 11. —ş92.50) China Traders' Insurance Co., Lt. —§63 00. Hongkong Fire Insurance Co., Il $325.00. North China Insurance Co., L; 1.—TIs, 180:00. Struts in urance Co, Ld.— $9.00.

Union Insurance Society of Cantou, Ld.—†215. Yangisze lusurance Assoen,, Ld.—$130.

LANDS.

Hongkong Land Invest, & A. Co, Ld.—$66. Humidreys Estate and Finance Co., Ld.—;

-$81. Shanghai Landlovest.Co., (fully pd.) —'1 ls.82.00 ̧ ̧ MINING,

Punjom Mining Co., Ld.—$5.23.

-1

Panjum Mining Co.. Ld., pref. shore-,- $1,50. Raul Australian Gold Mining Co, Ld.~$35}. Sheridan Consolidatzi Co. —Tlr. 2.25.

SHIPPINO,

China-Mutual preference.-- Tis, 70,00,

Do. ordinary, 2. prid.—Tis, 23.CO. Co-operative Cargo Hont Co.-Tls. 145.00: Dougla‹ Steamship Co., Ld.—$59. Hongkong, Canton and Macao.—$25.75, Indo-China Steim N. Co., Lil.—Tls. 40, 0, Suanghai Curgo "Boat Co. – Pts 165.00. Shanga: lugbeat Co., Ld.—Tis. 195.6. Taku Tug & Lighter Co., Ld.—T, Tis. 76.00.

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.