August 29, 1903.]
CHINA OVERLAND TRADE REPORT.
Green Islands have declined to $227 without sa!-s.
F
It is said that some of the smaller Tientsin mer- chants, unable to obtain goods on that market except for payment with five-day Bank orders, have come down here lately and have made some purchases, which they are able to finance with the aid of the Native Banks here. This may possibly account for the enquiry from Tientsin mentioned in our last issue. The Newchwang merchants have again come into the market, and some 2,000 bales of American Drills and Sheetings are reported to have changed hands, and we have heard of re-sales of P. M. C. Drills at Tia. 4.34 ( Tls. 4.85, and small sales from first handa at Tls. 4.87) and Tls. 4.40. There are slightly better ad- vi es from Chefoo, and it is hoped that these dealers will soon begin buying again. Clearances continue fair for the River Ports, but for the other markets they continue in the same unsatisfactory condition. The price of Mid-American Cotton continues to fluctuate, for after Fising to 6.34d. it receded to 6.68d., or four points lower than last week. Egyp- tian Cotton is quoted 9,"d., which notes a slight advance. Both the Liverpool and Manchester inarkets are reported quiet but firm, with little or no business doing for this market. The New York market is firm, and although some of the mills have stock which they would doubtless like to see cleared, they are not prepared to accept any price. which is just as well as regards Sheet-China-Borneo Co., Ld. ings considering the overstocked condition of
our market here. It is aid that the stock of Raw Cotton in the States is very small.
SHARE REPORTS.
HONGKONG, 28th August, 1903.—Our market continues to be adversely affected by the persistent rise in sterling exchange and the consequent withdrawal of money from the Colony The few transactions that have taken place have been mainly in connection with the approaching settlements, and a small-investing basiness. At the time of closing sellers generally rule the market.
BANKS.-Hongkong, and Shanghais after small sales at $6424) (640 and 8637, the market closes with small sellers at $635 and some buyers at $630. Nationals have declined to $28 with sales and buyers.
MARINE INSURANCES.-Unions have changed hauds in small lots at quotation, Cantons at $180 and $181, and China Traders at $60 all closing quiet with probable sellers. North Chinas and Yangtszes unchanged.
FIRE INSURANCES.-Hongkongs are On offer at quotations. Chinas after small sales are procurable at $861.
SHIPPING.-Hongkeng, Canton and Macaos have ruled weak with no business, and sellers
at $35. Indos upon ад enquiry from Shanghai suddenly rose to $87, after sales at $85 and $86, but the demand ceasing shares are now obtainable at $86. China and Manilas unchanged and without business. Douglases are now offering at $39), and Star Ferries and Shells at quotation with a small business in the latter at £1. 2s. 6d. and £1.
REFINERIES.-China Sugars remain neglect: ed with no sales, and close more or less noruit al at $95. Luzone have been placed at $11.
MINING. No business to report under this heading.
DOCKS, WHARVES AND GODOWNS.-Hoig- kong and Wampos Docks have been the medium of a fair business at $210 to $212 cum dividend, the market closing somewhat easier at $205 ex dividend. Kowloon Wharves have changed hands at $88. Amoy Loo's unchanged and without business. Farnhams are repo.ted from Shanghai at $1514.
LANDS, HOTELS AND BUILDINGS.-Hong- kong Lands have found buyers at $156, but close with sellers at $155. Hotels continue on offer at $153 without fadacing buyers to come forward. West Points remain inactive and without business. Humphreys are on offer at $10.75, without business. Oriente Hotels have advanced to $56 on receipt of the news of the sale of the Hotel iü Manila.
COTTON MILLS.-Unchanged and without business.
COMPANY.
Banks-
Hongkong & S'hai ..
PAID UP.
$125 i
QUOTATIONS.
T
171
SHANGHAI, 21st August (from Messrs. J. P. Bisset & Co.'s Report). There has been a moderate business negotiated since our last, at Ms. Humphreys Estate and Finance about equivalent rates with the exception of Co. Ed., xtraordinary meeting on 31st October. Maatschappij shares, which have still further Hongkong and Kowloon Wharf and Godown declined. The same lack of financial facilities Co. interim dividend of $250 payable 31st prevails, and though most of our stocks are now August; transfer looks clos from 25th to cheap, we cannot look for much activity. BANKS. 31st inst. Hongkong Hotel Co., Ld., o: dinary-Hongkong and hanghai Banks. No business half-yearly meeting 7th September; transfer reported here. MARINE INSURANCES-Yangtszes boks close from 1st to 7th September. Hong- have changed hands at $133. FIRE INSURANCES. SHIPPING-Indo-Chinas kong Coltou pinuing and Weaving Co., Ld., Nothing reported. ordinary anunal meeting 14th September
have been done as low as Tls. 58, but there is transfer books close from 8.b to 14th September' some demand for cash and time shares, and we close at Tls. 59 buyers, with forward rates vary- Closing quotations are as follows :
ing between Tls. 60 and 62 for September up to December. Sugar REFINERIES.-The only trans- action reported is Peraks at Tls. 60 cash. DOCKS AND WHARVES.-8. C. Farnham, Boyd and Co, Ld.-Remain as quoted last week, namely Tls. 150/1521 cash, the last rate done being Tls. 152. A fair trade has been negotiated for December at Tls. 155. Shanghai and Hongkow Wharves have declined to Tls, 240, with shares offering. MINING. The demand for Chinese Engineering and Mining Co. shares still continues, and Tls. 7.25 have been paid for Bearer Scrip, with London scrip at Tls. 6.80. LAND.-Shanghai Lands have been dealt in at Tis. 102 during the week. INDUSTRIAL-Shanghai Gas Co. have changed hands at Tls. 109: at which rate there are sellers. Maatschappij have dropped from Tls. 285, last week to Tis. 267). Shares were want- ed at this figure, and Tls. 270 has been paid for cash. We close with a demand for shares for this month, while time shares are easy at Tls. 272), September; 277) October and Tls. 285 December. A dividend of Tls. 7.50 has been declared, payable on 15th September. STORES & HOTELS.-Hall & Holtz Ld. have been dealt in at $34; Central Stores at $26. MISCELLANEOUS.Nothing reported under this heading.
MISCELLANEOUS.-Manila Investments have
Natl. Bank of China
A. Shares
B. Shares Foun. Shares..... Bell's Asbestos E. A... Campbell, Moore & Co.
China Light& Power
Co., Lữ
China Prov. L. & M. China Sugar Cigar Companies-
Alhambra Limited. Philippine Tobacco } Trust. Co., Ld.) Cotton Mills-
Ewo
•
International Laou Kung Mow Soychee Hongkong Dairy Farm
Fenwick & Co., Geo.l Green Island Cement.! H. & C. Bakery Hongkong & C. Gas..... Hongkong Electric
H. H. L. Tramways. Hk. Steam Water boat Co., Ld....... Hongkong Hotel Hongkong Ics.
H. & K. Wharf & G. Hongkong Rope.... H. & W. Dock Insurance-
Canton... China Fire China Traders'.. Hongkong Fire.. North China.. Straits Baion Yangtsze... Land and Building-
Hongkong Land Inv. Humphreys Estate. Kowloon Land & B West Point Building Manila Invest. Co., Iæl. Luzon Sugar...
Mining-
Charbonnages Jelebu ... Punjom
Do. Preference... Raubs
1 $635
L'don, £65. Os.
£8 $28, sales 28828, sales £1 $10 £1851, sellers $10 $40, sellers $12 $10, sellers
$20 $6, sellers
$10 $91, sales & sellers $100 $95, buyers
$500 $250, buyers $50 $18, sellers
rls. 100 Tls. 36, Tls. 75 Tls. 10, sellers Tla 100 Tls. 40, buyers Tls. 500 Tls. 160.
New Amoy Dock Oriente Hotel, Manila Powell, Ld.. Robinson PianoCo.,Ld.{ Steamship Coys.~~
China and Manila... Douglas Steamship II., Canton and M. Indo-China S. N. Shell Transportand
$100 $15, buyers
$6 $12
$25 $471 $10 $22, sellers $50 $40
£10 $140, buyers $10 $12.75, sellers
35 $7, sellers $100 $320, sellers $10 $15, buyers $50 $153, sellers $25 $250, sellers $50 $88, sales&buyers $50 $145
$50 $203, er div., buy.
$50 $180, buyers
$60 $80,sales& sellers $25 $60, sales $50 $3274, sellers
ON LONDON.—
EXCHANGE.
FRIDAY, 28th August.
Telegraphic Transfer
Bank Bills, on demand
Bank Bills, at 30 days' sight
.1/10
...1/9%
.1/10
Bank Bills, at 4 months' sight...1/10 Credits, at 4 months' sight.. 1/104 Documentary Bills, 4 months' sight 1/10
ON PARIS.-
Bank Bills, on demand Credits 4 months' sight.
ON GERMANY.-
On demand
.2311
238
.1901
ON NEW YORK.--
Bank Bills, on demand
.451
Credits, 60 days' sight
.461
ON BOMBAY.-Telegraphic Transfer189}
Bank, on demand
.1391
£25 Tls. 225, sellers
ON CALCUTTA,-Telegraphic Transfer139)
Bank, on demand
.1393
ON SHANGHAI-Bank, at sight
.72}
Private, 30 days' sight
.731
ON YOKOHAMA.---
ON demand
.903
.......nominal
$20 $1, buyers $100 $4971 $60 $133
$100 $155, sellers
$10 $10,sales&sellers $30 $37, sellers $50 850
$100 $10, buyers
$50 $15, sales & buyers
Fes. 250 $600, sellers
$55, cent, sellers $11 $14, sellers
$130 cents, buyers 18:10 $91, sellers
Trading Co...... Star Ferry......... s. C. F. Boyd & Co., Ld. Tls. Tebrau Planting Co....! UnitedAbestos. Do...... Universal Trading
Co., Là Watkins Ld...
$61 $371, buyers $50 $56, buyers $10 $9, sellers $50 $50
$50 $20, sellers $55 | $15, sellers $50 $39 sellers $15 8351, sellers £10 $86 sellers
£1 £1.
$10 $28, sellers
$5 $171, sellers
100 Tls. 1511, rales
$5 nominal $4 $9.10, buyers $10 $200, buyers $5 $23, buyers
$10 $7, buyers $10 $144, buyers
VERNON & SMYTH, Brokers.
changed hands at $15 A. 8. Watsous at $144, Watson & Co., A. S.... New Electrics at $7, and China Providents at $9.50. Watkins are in a small demand at § 7
ON MANILA.-
On demand ON SINGAPORE.
On demand ON BATAVIA.— On demand
ON HAIPHONG.
Or demand
ON SAIGON.-On demand
ON BANGKOK.-On demand
.nominal
..1121
..11p.c.pm.
.14 p.c .pm.
..62
57.20
26
SOVEREIGNS, Bank's Buying Rat...$10.80 GOLD LEAF, 100 fine, per tael
ILVER, per oz.
TONNAGE.
HONGKONG, 28th August.-There is no im provement to report. From Saigon to Hongkong, 13 cents nominal; to Philippines, 25 cents per picul. From north coast Java to Hongkong, 80 cents for wet and 25 cents for dry sugar, offering. N wchwang to Canton, 23 cents per picul was paid for a reedy boat; to Amoy; 23 cents per picul last. Coal Freights remain firm. From oji to Hongkong, $1.80 last and offering; to Singapore, $2.00 per ton. Hongay to Hong- kong, $1.65 per ton. Mont ly charters German teamer Progress has been closed for 4 months for Honkgong: ouron trade, particulars given below, and the German steamer Daphne Axed in Singapore for 12 months, rate, not reported. Sailing Vessels:-The British barque Forthbank has arrived to take up her charter for Clao. The following are the settlements:
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