to 5.50
August 16, 1902.1
FANCY COTTONS~~~
Turkey Red Shirtings-1) to)
1.65
5 lbs
DAMASKS-
Chintzes-Assorted
0.08
Velvets-Black, 22 in.
0.28
Velveteens-18 in.
0.23
per yard
to 0.20 to 0.75 to 0.30 per dozen
WOOLLENS-
Handkerchiefs-Imitation Silk 0.30 to 3.0
Spanish Stripes--Sundry chops.0.65
Habit, Med., and Broad Cloths 1.25
German
CHINA OVERLAND TRADE REPORT.
MISCELLANEOUS. Green Island Cements have sold at 82 and can be placed at this figure. China Borneos have changed hans at the reduced rate of $19. Fenwicks have sold at $48. China Provideats bure again been done at $10. Watkins bave improved to $7 buyers. Tobacco Trusts are offering at $15.
MEMOB. Hongkong and Shangbai Banking Corporation, ordinary half-yearly meeting to- morrow, 16th instant. Hongkong and Wham- poa Docko.. Ld., ordinary half-yearly meeting on the 18th instant.
Closing quotations are as follows:-
COMPANY.
Hongkong & S'hai..... Natl. Bank of China A. Shares
per yard
1.25
to 2.00 to 3.00 to 3.00
per piece
Long Ells-Scarlet, 7-10 lbs.
6.50
to 8.50
Assorted.
6.60
to 8.65
Camlets-Assorted.
.12.00
to 32.00
Lastings-30 yds., 31 inches
12.00
to 16.00
Assorted
Orleans-Plain
8.00
to 9.50 per pair
Panks
Blankets-8 to 12 lbs.
4.00 to 9.00
METALS~~~--
per picul
Iron-Nail Rod
4.55 to
Swedish Bar
4.60
to
Small Round Rod
5.00 to
Hoop to 11/2 in.,
6.00 to
Wire, 16/25,
9.25 to
Old Wire Rope
3.00 to
Lead, L. B. & Co. and Hole Chop 8.10
Australian
to
8.10
to
Yellow M'tal-Muntz 14'20 oz.41.00
to
Vivian's 14/20 oz. 41.00 Elliot's
to
14/20 oz. 41.00
to
Composition Nails...
.61.00 to
Japan Copper, Slabs..
..39.00 to
...83.50 to
Square, FlatRoundBar(Eng. 4.50 to
Tin...
Tin-Plates
Steel to
SUNDRIES-
Quicksilver
Window Glass
Kerosene Oli.........
box. per 8.60 to
per cwt, case 6.50 to
per picul .180.00 to
per box. 5.75 to per 10-gal. case 2.05 to
SHARE REPORTS. HONGKONG, 15th August.-There has been more general enquiry in our market during the interval under review, and some of our principal stocks have improved in marketable value. Business, however, continues restricted, wing to the disinclination of holders to sell, except under pressure.
BANKS.-Hongkong and Shanghais have ruled quiet during the greater part of the week, and sales at $6024, and $605 ar repor ed. At the close, shares can be obtained at $610, with some buyers at $6071, London is unchanged at £63. Nationals can be procured at $27.
MARINE INSURANCES.-Unions continue in request at $390. China Traders are reported sold at $57 and are wanted. North Chinas hare been placed at Tls. 1872. Yangiszes continue on offer at $130. Cautons have sold and are in further request at $160.
FIRE INSURANCES.-Hongkongs are wanted at $330. Chinas are unchanged at $81, buyers. SHIPPING.-Hongkong, Canton and Macans have sold at $37, and are now offering at 8363. Indo-Chinas continue steady with buyers at $87. China and Manilas can be procured at $324; and Douglases at $434. Shell Transports have again changed hands at £1. 12s. 6d. Star Ferries are procurable at quotations.
REFINERIES.— -China Sugars have improved. | and sales at $105, $106 and $107 are reported, the market clo-ing with buyers at $106. Luzons have dropped to $15 with sales. MINING.-Jelebus have improved to $1 buyers. Raubs are weaker with sellers at $7. Punjoms aud Charbonnages are unchanged.
D.CKS, WHARVES AND GODOWNS.-Hong- kong and Whampoa Docks have sold at gra- dually rising rates to $205, at which more shares can be placed. Hongkong and Kowloon Wharves have sold at $89 and are in further request. New Amoy Docks continue in demand at 236.
BANDS, HOTELS AND BUILDINGS.-Hong kong Land Investments have been done at $163, 169 and $170 and are in demand at $169. Kowloon Lands aud West l'oints re unchanged. Humphreys Estates have sold at $114. Hong. Kong Hotels are quiet at $135 with sellers, and Oriente Hotels at $45 sellers.
COTTON MILLS.-There are no changes to report under this head.
B. Shares Foun. Shares... Bell's Asbestos E. A........ Campbell, Moore & Co.j China-Borneo Co., Ld.! China Light & Power }
Co., Ld. China Prov. L. & M. China Sugar Cigar Companies-
Alhambra Limited.. Philippine Tobacco Invest. Co., Ld. Cotton Mills-
Ewo
International Laou Kung Mow Soychee Hongkong
Dairy Farm
Fenwick & Co., Geo.... Green Island Cement... II. & C. Bakery Hongkong & Č. 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'
PAID UP.
$125
QUOTATIONS,
($610, sellers L'don, £63.
£8 $27, sellers 28 827, sellers £1810, sellers £181, buyers $10 $22, buyers $15 $19, sales
$20 $15, sellers
$10 $10, sales & sel ́ers $100 $106, buyers
$500 $500, nominal.
$50 $45, sellers
Tl8, 100 Tis. 41, buyers Tls. 100 Tls. 35, sellers Tls. 100 Tls. 42, buyers Tis. 500 Tls. 150.
$100 8171, sellers
86 812, buyers $25 1848, sales $10 820,sales& buyera $50 $40.
Hongkong Fire North China Straits... Baion Yangtsze.. Land and Building-
Hongkong Land Inv. Humphreys Estate... Kowloon Land & B.' West Point Building| Luzon Sugar
Manila Invest. Co., Ld Mining-
Charbonnages Jelebu Punjom
Do. Preference. Raubs
New Amoy Dock Oriente Hotel, Manila Powell, Ld. Robinson Piano Co.,Ld. Steamship Coys.-
China and Manila...
Douglas Steamship H., Canton and M... Indo-China S. N. Shel Transport and Trading Co.... Star Ferry Tebrau Planting Co... United Abestos.
De.
Universal Trading Co., Ld.... Watkins Ld. Watson & Co., A. S........
£10 8140, buyers $10 $13, sell, re $5 361, sellers $100 $340.
$5 $10.
$50 $135, sellers $25 $240), buyers $50 $89, sales & buyers $50 $145.
$50 $205, buyers
$50 $160,sales&buyers $20 $81, buyers $25 $57, sales & buyer · $50 $330, buyers £25 [Tls. 1871, sales $20 nominal.
$50 $390, buyers $60 $130, sellers
$100 $169, buyers
$10 $11, sales. $30 $30, sellers $50 $5!, sellers $100 1815, sales
$50 $20, sellers
Fes. 250 $550,
*
$5 $1, buy, rs $10 184, sellers
$1 $11, sellers
18 $7, sellers $61836, buyers $50 $45, sellers $108, sellers $50 $55.
$50 ) $32), sellers
$5 nominal $50 $434, sellers $15 336, sellers £10 887, buyers
£1 £1. 12s. 6d., sales
$10
($201, sellers
$5. $11, sellers $5 nominal.
$4 $8.20.
$10 $155, buyers
$5 $21, sellers
$10 87, buyers $10 $144, sellers
VERNON & SMYTH Brokers. ·
137
MANILA, 4th August (from Messrs. W. A. Fitton & Co.'s Monthly Report).-Our last circular (No. 32) was dated 7th ultimo, since issue of which we have no important business to report. Transactions have taken place in stock of American Bank, Maritima. and Banco Espanol- Filipino, but no sales of any consideration are reported. Demand. W can only confirm what we advised in our circular No. 32; business is dend. New Coal Company. Prospectus of the Philippine Coal Mining and Development Co., Limited, is before the public, with a total stock of $1,500,000 gold, divided into 30,0 0 shares of $50 each. The Direct rate (a strong one, we may mention) ask f、 r subscriptions for $1,00 1,000 gold, as $500,0 0 gold is advertised as having been already applied for. Reports are old, and we are compelled to mention that no European or American expert Testimony is available, although this is the same company which was unsuccessfully placed before investors in January, 1898, when capital asked was only $1,8 0,000 Hongkong currency (then ab at $1,500,000 Manila currency). There is no doubt whatever that good coal exists in quantity where these Cebu mines are situated, but being some 18 miles from the seaboard, considerable cash will have to be expended in a railroad; we would have liked to see on the abridged prospectus reports of a more recent year than 1897. We have no desire to discourage enterprise, and are anxious that the coal deposits in the Philippines should be throughly developed, but consider capitalisation of this particular company too high. The Batan mines, reported in our circular No. 31, were put on the market at $1,004,0 0 Mexican only, and, we hear, have been successfully floated. Meet- ings. During past month the following meetings were held: lanco Espanol-Filipino, on working for 6 months ended 3 1th June last, declared a dividend of 6 per cent. and carried $30,000 to Reserve Fund, making latter $340,0′ 0; this bank is in a sound position and the stock well worth attention of investors. Manila In- vestment Co., on working for 12 months ended 30th April last, shows a loss of $21,090.81 which is anything but satisfactory; a much better result was expected. Philippine Tobacco Trust Co., during same period made a profit of or two of the concerns amal- $16,569.34; one gamated have not turned out so satisfactorily as anticipated, so that showing is on the whole not as bad as it might have been. We notice
eral.
irectors' fees in this company (also the Manila. Investment Co.) have been paid; we unders'ood Directors of both concerns were to receive no fees until shareholders had been paid a dividend of 7 per cent. and have no information that the Association had been am nded; Articles of possibly the extra heavy work entailed on the Directors has been considered. Maritima hold their half-yearly meeting during current month; we understand they will pay their usual 10 per cent. dividend on the 6 months' working. Gen- We are compelled to take a pessimistical view of business prospects here; until what we pointed out in our circular No. 31 comes to pass, and politicians at home leave in a great measure the affairs. of these Islands to the local govern- ment, we cannot hope for much relief. Money is tight, and investors are scared of the situation; we will make no comparisons, simply mentioning that capitalists are scarcely likely to turn their attention to the Philippines so long as existing state of affairs continues; their money is much safer in America and Europe. It is tantalising to see present condition of business when the remedy is so simple.
VESSELS ON THE BERTH.
FOR ANTWERP.- Telemachus (str.), Bengloe (str.), Tamba Maru (str.).
FOR LONDON.-Ballaárat (str.), Tamba Maru (str.), Bengloe (str.), Jason (str.), Telemachus (str.), Canton (str.), Glenturret (str.), Antenor (str.), Dardanus (str.) Diomed (str.).
FOR LIVERPOOL.-Pyrrhus (str.).
FOR MARSEILLES.-Canton (str.), Tamba Maru (str.) Polynesien (str.).
FOR BREMEN Bayern (str.), C. Ferd Laeisz (str.).
FOR HAVRE AND HAMBURG. — Bamberg (str.), C. Ferd Lacisz (str.), Freiburg (str.), Konigsberg (str.), Silvia (str.).
FOR TRIESTE.--China (str.).
FOR VICTORIA, B.C.-Iyo Maru (str.); Riojun Maru (str.), Hyades (str.).
FOR VANCOUVER.-Empress of India (str.) Tartar (str.).
FOR NEW YORK.-Glenroy (str.), Atholl (str.), Asama (str.) Seneca (str).
FOR PORTLAND (OR.).— Indrapura (str.). FOR AUSTRALIAN PORTS.-Kasuga Maru (str.), Tsinan (str.).
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