January 2, 1904.}
HEMP.
Messrs. Waruer, Barnes & Co. Limited of Manila, in their circular for 16th December. state:-The market has ruled very strong during the past week.» America has very manifestly been trying to depress the situation, but U. K. has proved itself the stronger factor and, owing to activity there, dollar prices have advanced more than proportionately. It is probable that we shall see receipts just under 1,000,000 bales for the twelve months, and although this will prove a record year, consumption appears to have kept pace, and there seems little doubt but that we shall carry over a visible supply considerably less than the last two years. It is possible that during the
next six weeks we shall have more or less average receipts, but arrivals during February and March should materially increase." Dealers are still very firm and for the small quantity of free hemp to arrive, available for this months shipment, they ask prices much above the parity of sterling values. We quote fair current to-day at $28.50 per picul, buyers and no sellers, equal at exchange 1/9 to £38.5.11 per ton f. o. b.
Exports since1st January have been :-----
To Atlantic United States 481,211 bales, against 399,099 bales in 1902, to United Kingdom 41,968 bales, against 364,299 bales, in 1902, to California and Oregon 45,362 bales, against 31,436 bales in 1902, to Australia 15,328 bales, against 9,467 balės in 1902, other parts & local consumption 56,25% bales, against 24,216 bales in 1902,
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SHARE REPORTS. HONGKONG, 31st December, 1933. - The Christmas holidays which have intervened since the date of our last report have interfered con- siderably with business during the period under review, and but little has been done in any department. The December settlement has passel off satisfactorily to-day.
BANKS. Hongkong and Shanghais con- tinue to be affected by the political outlook in the Nor h, and a few shares are now obtainable at $46. The London quotation is unchauged at £63. ationals are slightly firmer with buyers at $31.
MARINE INSURANCES.-Unions have sold at $49, at which the market close with further sellers. China Traders continue on offer at $36. North Chinas, Cantons, and Yangiszes are unchanged.
ua-
FIRE INSURANCES.-Hougkongs are altered with sellers at $310. Chiuas are firmer with sales at $914 and $42§, the market closing with sellers at the latter rate.
SRIPPING.Hongkong, Canton and Macaos have been booked at 8314, and more sbares are procurable. Indo-Chinas have dropped to $71, at which business is reported locally to-day
and to Tls 50 in the North. China and Manilas contiuus on offer at $18, and Douglases at $30 Star Ferries (old) have been booked at $31, and (new) at $19. Shell Transports close with buyers at 22/6, sellers at 23 -.
REFINERIES. China Sugara close steady at $104 with sales and a few further sellers at the rate. Luzons continue on offer at $10 MINING. Raubs have declinel to $7 8 llera There is no other change to report under this | bead.
Docks, WHArves and GoDOWNS.-Hong- kong and Whampoa Docks have been booked at 8205) and 8206, and more shares are enquired for at the higher rate. Hongkong and Kowloon Wharves are still in the market to a small extent at 897. New Amoy Docks conțiune ou offer at $38. Farnhams have advanced to Tls. 120, at which shares can be placed locally.
Lands, Hotels and BuildINGS.-Hong- kong Lands have declined to $155, at which rate however shares are eoquired for. Kowloon Lands continue in demand at $35. West Points have sold at $52. and a few more shares are wanted at this figuro. Humphreys Estates have been booked at $11 and $11.15, and are Tow enquired for at 811. Hongkong Hotels have again been done at $148.
COTTON MILLS. — Ewos are procnrable at Tis. 33. Hongkougs hare sold at $15; and con- tinue in reque t.
MISCELLANEOUS.—Green Island Cements have been booked at $25 and $244, and more shares are in the market at the lower rate. Watsons have sold and are wanted at $.41 Electrics have been booked at $124 (old) and 87 (new). Fenwicks can still be placed at $4", Providents have been done, and are în further request, at 891. Watkins have sold and can still be placed at $74,
CHINA OVERLAND TRADE REPORT.
Closing quotations are as follows:-
COMPANY.
Banks -
Hongkong & S'hai..... Natl. Bank of China]
A. Shares B. Shares Foun. Shares.....
Insurance Union
China Traders North China... Yangtsze.. Canton..
Hongkong Fire China Fire
Steamship Coys.--
11., Canton and M.. Indo-China S. N. China and Manila.......
Douglas Steamship Star Ferry.... Shell Transport and Trading Co...... l'efineries-
China Sugar Luzon Sugar..
Mining--
Punjom
Do. Preference... Charbonnages
Jelebu
Raubs
D cks, Etc.—
H. & W. Dock
PAID UP.
$125
QUOTATIONS.
($660, sellers
L'don, £63. 08.
28 $311, buyers 28 $31), buyors 21 810
$100 $400,sales&sellers
$25 $56, sellers £25 Tls. 210 $60 $135 $50 $175
$50 $310, sellers $20 $92, sellers
$15 3311,sales& sellers £10 $71, sales $50 $18, sellers $50 $30, sellers $10 $30, sales
$5 $19
£122/6 buyers
$100 $104,sales&sellers $100 $10, sellers
$11 $1.50, sellers
$1 30 cents Fcs.250 $600, sellers
$550 cents, sellers 18/10 $7, sellers
H. & K. Wharf & G. New Amoy Dock S. C. F Boyd & Co.... Tls. Land and Building—
Hongkong Land Inv. Kowloon Land & B. WestPoint Building| Hongkong Hotel Humphreys Estate....
Cotton Mills-
Ewo International Laon Kung Mow Soychee Hongkong Manila Invest. Co., Ld. Green Island Cement. China-Borneo Co., Ld. Watson & Co., A. 8... Hongkong Electric { Hongkong & C. Gas..... Fenwick & Co., Geo. Hongkong Rope..........
Hongkong Ice.
H. H. L. Tramways... Hk. Steam Water-
Boat Co., Ld. Dairy Farm Campbell, Moore & Co.
Bell's Asbestos E. A... United Asbestos
Do........ Tebrau Planting Co.... China Prov. L. & M. Watkins Ld..... China Light & Power ?
Co., Ld. Powell, Ld... Shanghai. and Hong- kong Dyeing and Cleaning Co., Ld. } Canton, Hongkong Ice Cigar Companies--
Alhambra Limited. Phippine Tobacco
Trust Co., Ld. į
$50 $206, buyers 850 897, sellers $61 $38, sellers 100 Tls. 120, buyers
$100 $155, buyers $30 $15, buyers $50 $52,sales & buyers $50 $148,sales&sellers $10 $111
Tls. 50 Tls. 33, sellers Tis. 73 Tls, 25, buyers Tls. 100 Tls 40, buyers Tls. 500 Tls. 170, sales
$10 $15,sales& buyers
$50 $15
$10 $244, selle s $12 $8, buyers $10 $144, buyers $10 $121, sales $5 $7, sales 210 $140, buyers $50 $145, buyers $25 $49, buyers $25 $245, sellers $100 $300
$:0 $154, buyers
$6 $12), buyers $10 $40 12/6 85, sellers $489, buyers $10 $210, buyers
$5 nominal $10 $91, Fales & buyers $107,sales & buyers $10 $5
$10 $9, buyers
$50 $30
$10 $10, nominal
$500 250
$50 $15, sellers
VERNON & SMYTH, Brokers.
SHANGHAI.
Messrs. J. P. Bisset & Co., in their share report of the 23rd December state:-Owing to the Xmas holidays we are obliged to bring out our circular to-day. During the last five days a considerable business has been done, particularly in Indo- Chinas. the shorts covering for the December Settlement. Banks.-H. & 8. Banks. No business is reported locally. The Hongkong quotation is nominal, $624, and the latest London quotation is 264. The T. T. rate on London to-day is 8/48 Insurance.
4
+
Shipping.-H. C. & M. Steamboats are offering in the south at $32.25 ́Indo-Chinas. The market opened on the 18th with sales at Tis. 55 and 54) December, 54 March, 53/54 April. On the 21st December shares were placed at Tis. 55; 22nd at 55 and 54 for December, and 54 and 634 March. To-day heavy sales have been effeted for December Settlement at 54.25 "Le market closes weak. Shell Transport & Trading Co.-We hear by wire that the Company have declared an interim dividend of 1/- per share. Shanghai Tug Boats have been placed at Tls. 50. Docks and Wharves.-- Farnham, Boyds. On the 18th the market opened with sales for December at TIs. 127, 128 March, and 129 April. 19th at 197 and 1271 December, and 128 March. On the 21st at 126), 126 und 125 December, and 127 March. 22nd at 1:0. 18 for cash. The mark t closes to-day weak at 117, due to a pressure of shares in the market for the end of the month. Hong- kong & Wham en Docks quoted nominal at $204. Shanghai & Ho gkew Wharves. A considerabla business has been done i› this stock, the market. opening on the 18th with sales at TIs. 220; 2271, 225 and 2221 March. 19th 217) March was done. 21st 215 December. The market closes, Kowloon. quiet but with buyers for March. Wharves are wanted in the south at $96. Sugars. No business reported. Mining. The only business reported is in Kaiping bearer sprip, at Tis. 6.20 and Tla. 6.25. Lands. – Shanghất & have been placed at Tls. 104 and 1 á cash; the market closes firm. Hongkong Lands are wanted in the south at $157). Industrial.- No business reported in Cottons. Sellers of Ewos at Tls..35 and Lyw Kung Mows at Tls. 40. Paper and Pulps. We have to pote a rise in this stock. The market opened on the 18th with business done at Tls. 103) and 110 rising later to 112)* with business yesterday at 115 cash and Dec., and 120 March. Green Island Cements are wanted in the south at $244 Maatschappij, &c, in L-ngkats, On the 18th the market opened with a les at Ils. 315 cash, 3:71, 316) and 315 Dec, 325 Feb. | 832), 330 March. 3321, 35 April. On the 19th cash and Dec. shares were placed at 315 and at 830. March.
the 21st cash shares were placed at 316 and 315 and 330 March. 22nd at 312) cash and 312/310 Dec. 330/427 March, 93:4 April and 3 5 May. The market closes quiet, and cash shares could possibly be obtained at Tls. 307. Sumatras have been placed at Tla:42. Shanghai W terworks are offering at quotations. Stores and tutels.-A number of transactions have taken place in Hall and Holtz shares at "$33. Miscelaneous.No business reported. Loans.- The only business has been in Astor Hotel 8% debentures at par.
011
TONNAGE.
HONGKONG, 31st December.-Freights continue about the s me as last reported. From Saigon to this, 7 cents per picul has been paid for ready medium sized boats: to Kobe, 27 cents per picul end of January loading. Coal freights are firm, From Moji to this, $1.60 per ton; to Singapore. $1.75; to Swatow. $1.8; to Philippines, $2.75. Monthly--The Norwegian steamer Undine has been closed for three months, at $5,500 per month for Northern business. The Norwegian steamer Prima for two trips hence to Haiphong and hack, at $125 per day., The German steamers Tailee and Taicheong have been soll to Japanese, subject to inspection, at about £10,000 each. The follow- ing are the settlements:-
Kobe-Austrian steamer, 2,970 tons, Nagasaki to Singapore. part cirgo, $2 per ton.
Sirrocco-British steamer, 2,380, tors, 'Moji to Singapore, $1.70 per
ton
An Indo-China S. N. Co.'s steamer, Kuchinotsu or Moji to Swatow, $1.85 per ton..
Heathdene-British steamer, 2,377 tons, Kuchi- notza or Moji to Hongkong, $1.40 per ton.
Hounslow-British steamer, 1,860 tons, Kuchi-. notzu or Moji to Hongkong, $1.50 per ton.
Firth of Dornoch-British steamer, 1,894 tons, Moji to Hongkong, $1.00 per ton.
M. &. Dollar -British steamer, 2,674.tons, Moji to Hongkong, $1.60 per t.
J Auyun-French steamer, 1,248 tons, Hongay to Swatow, $1.30 per ton."
Decima-fernan steamer, 794 tons, hence to Saigon, 2.1,000 cases kerosine oll, 11 cents per case, Laerte -British steamer, 1,514 tons, Saigon to Hongkong, 7 cents per picul
An Indo- hina S. N. Co.'s steamer, Saf K-be. 27 cents per pical.
Undine-Norwegian
steamer, 1,017`tona, monthly, 3 months, at $5,50 per month.
Pronto-Norwegian steamer, 837 tons, monthly, In Marines the only business ' 1 month, at $4,000 per month. quoted is in North Chinas at $220, and in Fire Prima-Norwegian steamer, 761 tons, m Insurance in China Fires at $874 sold to Hongkong. trips, hence to Haiphong and back
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