The-Hong-Kong-Weekly-Press-1902-03-29 — Page 19

Hongkong Weekly Press AND China Overland Trade Report All

March 29, 1902.]

A. S. Watsons have declined to 8141 sellers. Electrios (old) have been booked at $134 and the new issue at $6, both continuing in demand. Ropes are unaltered at $15) sellers. China Providents can be disposed of at $94. Watkins are quiet at $7 ex the dividend of 90 cents per share for 1901 payable on the 29th instant.

Closing quotations are as follows:-

COMPANY.

PAID UP.

Banks

Hongkong & S'hai...

$125

China & Japan, ordy. Do. deferred Natl. Bank of China) A. Shares B. Shares

Foun. Shares... Bell's Asbestos E. A.... Campbell, Moore & Co. China-Borneo Co.,. Ld. China Light & Power ?

Co., Lữ

China Prov. L. & M.. China Sugar Cigar Companies-

Alhambra Limited... Philippine Tobacco ) Invest. Co., Ld.j

Cotton Mills—

Ewo

International Laon Kung Mow Soychee Hongkong Dairy Farm

Fenwick & Co., Geo..... Green Island Cement... H. & C. Bakery Hongkong & C, Gas Hongkong Electric.

H. H. L. Tramways Hk. Steam Water

boat Co., Ld. Hongkong Hotel Hongkong Ice....... H. & K. Wharf & G.. Hongkong Rope..... H. & W. Dock Insurance—

Canton China Fire China Traders' Hongkong Fire North China Straits Union ..... Yangtaze.. Land and Building-

Hongkong Land Inv. Humphreys Estate.... Kowloon Land & B. West Point Building Lazon Sugar Manila Invest. Co., Ld. Mining-

Charbonnages Jelebu..

Queen's Mines, Ld... Olivers Mines, A....

Do.

Punjom

B....

Do. Perference...

Ranbs

New Amoy Dock

Oriente Hotel, Manila Powell, Ld...

Robinson Piano Co.,Ld. Steamship Coys,

China and Manila ....... China Mutual Pref.

Do. Ordinary Do. Bonus Douglas Steamship II., Canton and M.. Indo-China S. N. Shell Transportand

Trading Co......., Star Ferry

Tebrau Planting Co.... United Abestos..

Do.....

Universal Trading Co Id

Watkins Ld. ....... Watson & Co., A. 8...

QUOTATIONS.

($587), buyers (L'don, £62.

£4 £1. £1 nominal.

£8 $26, buyers £8 $26, buyers £1 $10, sellers £1 $1, buyers $10 $21, buyers $15 $28, sellers $20 $20, nominal $10 $91, buyers $100 $118, ex div.

$500 $500, nominal.

$50 $50, sellers

Tls. 100 Tls. 40. Tla, 100 Tls. 25. Tls. 100 Tls, 40. Tls. 500 Tis. 150.

$100 $14, buyers $6 $12, buyers $25 $41. $10 $21, buyers $50 $40. 210 $140, buyers $10 $13), buyers

$5 $6, buyers $100 $330, buyers

15 28. $50 $130, buyers $25 $220, buyers $50 $90, sales $50 $150, sellers $50 $260, sellers

$50 $160, buyers $20 $83, sellers $25 $53, sellers $50 $350, sellers £25 Tls. 190, buyers $20 nominal. $50 $380, buyers $60 $135.

$100 $172}-

$10 $12, sellers $30 $30, sellers $50 $58, sellers $100 $30, sellers $50 $35, sellers

Fcs. 250 3525.

$5 $34, sellers 250. 14 cents.

$5 nominal. $41 nominal. $10 $41.

$1 314, sellers 18 $94, Bales $64331, buyers $50 $50, sellers $10 $9, sellers $50 55, sales

$50 || $87).

$5

) nominal. £10 £10.10%., ex div., b. £7.10 £7.10.,ex div., sira. £5 £5, ex div., sellers $50 $40, buyers $15 $38, sales 210 $139.

£1 £2., sellers

$24, Bellera $81, sellers $5 31. $4 $10, sellera $10 $250, sellers $5 $20, sellers

$10

$10 $7, ex div., $10 $144, sellera

1. VERNON SMYTH, & Brokers.

CHINA OVERLAND TRADE REPORT.

Bisset & Co.'s Report). A good general business SHANGHAI, 17th March (from Messrs. J. P. has been done during the week; rates of leading stocks are maintained, while Langkats show a considerable rise. INSURANCE.-Marine. North Chinas Tls. 185, Yangtares $135 and · bina Tradera $54. Fires are quiet. SHIPPING.-Indo- China S. N. Co. Shares changed hands at Tls. 102 for 31st inst. and market closes firm with cash buyers at Tls. 11. A June settlement was made at Tls, 105 and shares are offering. SUGARS.-Perak Sugar Cultivation Co., Ld. An extraordinary general meeting of shareholders is called for 20th inst. to consider a resolution for the issue of Tls. 200,000 of debentures bearing interest at 7 per cent, per annum and redeemable in not-less than five or more than ten years. It is intended with this issue of debentures to redeem the outstanding loan of Tis. 100,000. There has been no dealing in the Company's | shares. MINING.-Chinese Engineering and Mining Co., Ld. There has been little business during the week and cash rate has receded to Tls. 9.40-9.35, settlements were made for 31st inst. at 11s. 9.50, 9.40, 9.35, while April shares could only obtain Tls. 9.25. DOCES, WHARVES AND GODOWNS.- S. C. Farnham, Boyd and Co., Ld. Shares for March settlement realised T. 260, 262.50, 200, 257.50 and 260, market closing steady with buyers for cash and 31st inst. at 260. April shares fetched Tla. 265; May 265, 267.50, June 270, 287.50, 270, July 272.50, September 280. Shanghai and Hongkew Wharf shares were placed at Tis. 297.50 and 300 cash. LANDS are quiet. | INDUSTRIAL.-Major Bros., Ld. The report and accounts for 1901 have been published for | the meeting of shareholders called for 20th inst. The net profits amount to only Tis. 853.39 as compared with Tls. 19,865.74 in 1900. Pulp and Paper Mill. Shares changed hands at Tis. 111 for 31st inst., and 116 for July; forward shares are on offer. Cotton Mill stocks have been quiet. Ice shares were let go at Tls. 20 and 18, but market closes with buyers at Tls. 20.21. Tuos AND CARGO BOATS.-Cargo boat shares were placed at Tls. 130 cash. Shanghai Tug-boat Co., Ld.

The directors' report and statement of accounts for 1901 have been issued to the share- holders for the meeting convened for the 21st current. The working account shows an increase of Tls. 7,471.88 over that of the previous year. The net profit, including profit on exchange, amounts to Tis. 43,238.44, equal to nearly 21.62 per cent, on the increased capital. Three interim dividends were paid during the year, amounting to Tls. 26,000. Including a balance of Tls. 997.27 from 1900, there is a balance of Tls. 18,235.71 at credit of profit and loss account. The directors recommend the payment of a final dividend of Tls. 5 per share, making 18 per cent. for the year, add to reserve fund Tls. 5,000, increasing it to Tls. 60,000, and carry forward Tls. 3,235.71. MISCELLANEOUS.-Shanghai Waterworks Co., Ld. The directors' report and statement of accounts for 1901 have been published for the meeting_of shareholders called for the 25th current. The working account exceeds that of 1900 by Tls. 23,540.11. After payment of income tax, interest and bonus, and deducting Tls. 15,466.51 for de- preciation, the net profit is Tis. 160,968.76, equal to 24.18 per cent. on capital as compared with 21.32 in the previous year. Including the balance of Tla. 8,247,47 brought forward from the previous year, and deducting an interim dividend of 15/0 or Tls. 40,980.23 paid in July, there is a balance of Tls. 128,762.75 to distribute. The directors recom- mend the payment of a final dividend of 32/6 per share, which will absorb 'l'ls. 95,188.44 at exchange 25, 51d. and to place Tls. 25,000 to the reserve fund, which will then stand at Tls. 100,000, leaving a balance of Tls. 8,576.31 to be carried forward. Sumatra Tobacco Co. At the annual general meeting called for to-day resolutions will be brought forwaid for the reconstruction of the Company and its registration under Limited Liability. Shares sold at Tls. 38.50 and 40 cash, Langkat Tobacco Co. The annual general meet- ing is advertised for 27th March to consider the directors' report and stateme..t of accounts for the past year. An extraordinary meeting is called immediately after this general meeting, at which resolutions will be proposed to wind up the Com- pany and to affect its sale and transfer of all its liabilities and as ets to a new Company under Dutch law and registration. This change will secure the Company's interests at Langkat, which otherwise would be handicapped against Dutch regime. Brisk business has been done in the stock, and settlements were made up Tls. 350 for 31st inst., but the rate has receded to 325. Cash business took place up to Tls. 340, but closing sales are 320. Settlements were made for April 390, 342.50, 350, 342.50, 340, 330, 382.50 330, May 335, 345, 350, 345, 347.50, 335, June 350, 352.50

|

|

249

355, 345, 350, September 365, 360, 355, 362.50 July 345, 860, 362.50, 365, 360, Montrie and Co.'s shares were placed at $62.50, Hall and Holts $88, Weeks and Co. $27.50, and are offering. Astor Hotels $250. DEBENTURES.-Municipal 6 per cent, changed hands at Tls. 105 and Shanghai and Hongkew Wharf 6 per cent. at Tis. 103, both accrued interest.

VESSELS ON THE BERTH,

(str.),

FOR ANTWERP.—Hakata Maru (str.), Awa Maru

FOR LONDON.-Oriental (str.), Dardanus (str.), Nestor (str.), Antenor (str.), Canton str.), Diomed (str.), Machaon (str.), Hakata Maru (str.), Awa Maru (str.).

FOR LIVERPOOL-Achilles (str.), Calchas (str.). Maru (str.).

FOR MARSEILLES.-Hakata Maru (str.), Awa

- Adria (str.),

FOR BREMEN-Bayern (str.). FOR HAVRE AND HAMBURG. Sazonia (str.), Bamberg (str.), Segovia (str.)

FOR TRIESTI.-India (str.). FOR VICTORIA, B.C.--Olympia (str.), Shinano Maru (str.), Kinshui Maru (str.).

FOR VANCOUVER.-Empress of China (str.), Tartar (str.).

FOR NEW YORK.—Hudson (str.), Aragonia (str.). FOR PORTLAND (Or.).—Indravelli (str.). FOR AUSTRALIAN PORTS, Chingtu (str.), Kumano Maru (str.), Airlie (str.).

Taiyuan (str.),

Kagoshima Maru (str.).

FOR BOMBAY, VIA SINGAPORE AND COLOMBO.—

Laisang (str.).

FOR SINGAPORE, PENANG AND CALOUTTA.—

FOR SINGAPORE AND BOMBAT.-Nankin (str.).

TONNAGE.

HONGKONG, 27th March. Since last report there has been no improvement in rates and the demand for tonnage continues very slack. From Saigon to Hongkong, 11 cents per picul has been accepted for a prompt steamer, and this continues to be the rates now offering. To Philippines there is a moderate enquiry at 25 to 20 cents per pidul for steamers of about 30 000 piculs capacity, while to Java there is no enquiry for prompt tonnage the rate is nominally 24 cents. Bangkok to Hongkong: the regular liners supply all require- ments at 25 cents inside and 20 cents outside the bar. The port of Newchwang opened on the 23rd instant. The demand for Canton is very slight, at 25 to 26 cents per picul. Coal freights remain as last quoted. Sailing tonnage. A large vessel has been fixed to load hence for New York; her rate has not yet been given out,-The British ship Leicester Castle, 2,000 tons register, proceeds in ballast to San Francisco for orders. The following are the settlements:-

Comet-British barque, 2,890 tons, Hongkong to New York, private terms.

Evie J. Ray-American barque, 919 tons, two trips, Rajang to Hongkong, $12,000 each trip.

Sabine Rickmers-British steamer, 690 tons, Newchwang to Canton,, $4,700 in full.

Bygdo-Norwegian steamer, 771 tons, New- chwang to Canton (2,000 piculs), 264 cents per picul.

Thea German steamer, 934 tons, Newchwang to Canton (12,000 piculs), 20 cents per picul.

Hermann Mensell-German steamer, 1,001 tons, Newchwang to Canton (16,000 piculs), 25 cents per picul.

Benvenue British steamer, 1,408 tons, Moji to Singapore, $2.60 per ton.

Babelsberg-German steamer, 1,379 tons, Moro- ran to Hongkong, $3

per ton. Petrarch-German steamer, 1,252 tons, Saigon to Foochow, 25 cents per picul.

Babelsberg German steamer, 1,379 tona, Saigon to Chemulpo, 40 cents per picu).

Heinrich Menzell-German steamer, 989 tons,* Saigon to Manila, 27 cents per picul.

Jacob Diedericksen-German steamer, 623 tons, Saigon to one port Philippines, 30 cents per picul. Doris-Norwegian steamer, 965 tons, Saigon to one port Philippines, 26 cents per picul.

Tritos German steamer, 1.033 tons, Saigon th one port Philippines, 25 cents per picul.

Sleipner-Norwegian steamer, 880 tons, Saigon to one port Philippines, 25 cents per pioul.

Madeline Rickmers German steamer, 1,020 tons, Saigon to Hongkong, 123 cents per picul.

Gloucester City-British steamer, 1,409 tons, Saigon to Hongkong, 12 cents per picul,

Deuteros-German steamer, 1,001 tons, Saigon to Hongkong, 11 cents per picul.

Petrarch-German steamer, 1,252 tons, Hong- kong to Singapore (passengers), $6.50 each, je

Tet artos Germanjsteamer, 1,812 tons, monthly, 6 months, at $7,000 per month.

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