January 16, 1904.J
EXCHANGE.
FRIDAY, 15th January.
ON LONDON.
Telegraphic Transfer
Bank Bills, on demand
Bank Bills, at 30 days' sight
....10/4
1/12% .1/103
Bank Bills, at 4 months' sight
..1/10,
Credits, at 4 months' sight.... Documentary Bills. 4 months' sight 1/101 ON PARIS. Bank Bills, on demand 2331 ON GERMANY.———
1/10111
Credits 4 months' sight On demand
237 90
ON NEW YORK.-Bank Bills, on demand (54
Credits, 60 days' sight
457
CHINA OVERLAND TRADE REPORT.
Fenwicks have improved to $50 with sales. Íces are easier with sellers at $2421. China Providents have been again doné at $9.89, and Watkins at $7 T'ow-lls can be plond at $9.40. MEMO-China Provident Loan & Mort age Co., Ltd ordinary yearly meeting to-morrow the 16th iustsut. Kowloon Land and Building Co,. Ld. ordin ry yearly meeting on the 2 th instant. West-Point Building Co., Ld. and Hongkong La d Investment & Agency Co.. Ld, ordinary yearly meeting on the 27th inst transfer books close on the 16th in t. National Bank of China Ld. ordinary yearly meeting on the 30 h instant, transfer books close to
morrow.
Closing quotatious are as follow<:
ON BOMBAY.-Telegraphic Transfer 1371
Bank, on demand
1371
ON CALCUTTA.--Telegraphic Transfer 137
Bank, on demand
COMPANY.
PAID UP
1371
ON SHANGHAI-Bank, at sight Private, 30 days' sight-
...710
Banks-
.72
Hongkong & S'hai...
$125
9'4
Natl. Bank of China!
ON YOKOHAMA,-ON demand ON MANILA.—On demand
On SingapoRE.-On demand ON BATAVIA.--On demand ON HAIPHONG.—Or demand ON SAIGON-On demand ON BANGKok.–On demand SOVEREIGNS, Bank's Buying Rate GOLD LEAF, 100 fine, per tael BAR SILVER, per oz.
SHARE REPORTS.
nominal
..nominal
1117 11p.c.pm.
1 pc. pm.
64 810.75
57
27%
HONGKONG, 15th January. 19 4. The un- settled state of the political situation has had a very d pressing effect on our market ‹uring the past week, and but little business has been transacted. Banks have improved in London but locally the rate is lower than the ral og quotation of a week ago.
BANKS.-Hongkong and Shauguais under the pressure of selling orders fell to $640 yester- day, at which rate sales were affected but close Bomewhat firmer with buyers at $6421 The London rate after dropping to £58 has rapidly advanced, and closes firm at £63. 10-, Od. Nat- ionals have jumped to $35 with sales and further buyers at the rate,
MARINE INSURANCES.-Unions bave sold and continue on offer at $490, China Traders are weak at $56. Other quotations
unchanged.
are
Chines a e qu et
FIRE INSURANCES.-Hergkengs have sed at the reduc d rate of $500 with probable sellers at $924. I
SHIPPING. Hongkong, Cau'on anl Me: os are still out of favour, and a few shares ae procurable at $31, Indo-Chiuas have sold at $72 and $724, and close without feature at the forimer rate. China and Manilas have ben booked at $16, and Douglase at $30, the latter closing with further sellers. Star Ferries are unchanged at $30 (old) and $19 (now) with probable sellers of both issues. Shl Transports have declined to 21/. ellers.
ben
REFINERIES-China Sugar. have booked at $103 for settlement delivery and at $102 cash cosing with cash sellers at the higher quotation. úzons at $.0 s·liers do not attract attenti n
MINING. No business is reported under this head, and quotatious are unchanged.
A. Shares
B. Shares
Foun. Shares........
Insurance-
Union
China Traders North China.. Yangtsze.. Canton...
Hongkong Fire China Fire Steamship Coys.——-
Il., Canton and M.. Indo-China S. N. China and Manila.. Douglas Steamship Star Ferry. Shell Transport and Trading Co.. Refineries
China Sugar Luzon Sugar.:
Mining-
Punjom
Do. Preference. Charbonnages Raubs
Docks, Etc.-
QUOTATIONS.
1642), buyers L'don, E63 10s
£8 $35, buyers £8. $35, buyers £ $10
$100 $400, sellers $25 $56, sellers €25 (Tls. 69 860 $135
$50 $175
$50 $300
$20 $92)
$15 $31 £10 $72
$50 $16, sales $50 $30, sellers $10 $30
$5 $19, sellers £121/- sellers
$100 $103, sellers $100 $10, sellers
$11 $1, sellers $125 cents Fes. 250 360, sellers 18/10 $6, sellers
H. & W. Dock 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'
$50 $209 $50 $9, Ea'es'
$61338, sellers 100 Tls. 122, buyers
$100 $.57, buyers $30 $15, buyers $50 (852) $50 $147
[sellers $10 $11, ex, now issue
22, buyers S'hai Land Ins. Co., Ld. Tls. 52 Tls 107 Cotton Mills-
Ewo
Infernational Laon Kung Mow Saychee Hongkong Green Island Cement. China-Borneo Co., Ld. Watson & Co., A. S.... Hongkong Electric Hongkong & C. Gas.... Hongkong Rope..... Fenwick & Co., Geo. Hongkong Ice
H. H. L. Tramways. Hk. Steaia Water-
Boat Co., Ld. Dairy Farm ......... Campbell, Moore & Co.
Bell's Asbestos E. A.... United Asbestos
Do......
China Prov. L. & M. Watkins, Ld......
i оCKS, WH.RVES AND GO DOWNS.-Hong- koug an Whampoa Docks advanced to $210 during the early part of the week, but at the cose are somewhat casier with a few shares probably obtainable at $209. Hongkong and Kowloon Wharves have been booked at $95. New Amoy Docks contiuus on offer at $38. Farnhams have been done locally at Tls, 122 and Tis. 122 and close in further request.
LANDS, HOTELS, AND BUILDINGS.-Hong Tebr u Planting Co. kong Lands have been in fair request, and sales up to $158 have beep effected the stock closing in farther request at $ 57. Kowloon Lands continue in demand at $36 without finding sellers. West Points have been booked at §. 24 and mere: shares aro enquir d for. "Hongkang Hotels are quiet at $147. Humphrys Estates are wat da $II. Shanghai Lands, which are now added to our list, are quoted at Tls. 107.
CO-TON M11 LB.nternationals have dropped to ls. 224 in the North, and Laou Kong Mews to Tls, 37 Hongkongs have been booked locally al $154.
"
MISCELLANEOUS.—Green Island Cem nts are wanted at $244. Watsons have sold at $144.
|
ChinaLight &Power?
Co., Ld. Powell, Ld.... Shanghai and Hong- kong Dyeing and Cleaning Co., Id } Canton, Hongkong Ice Cigar Companies-
Alhambra Limited. Phippine Tobacco ì
Trust Co., Lid. ››
Tls. 50 Tls, 33, sellers Tls. 75 Tls. 224, buyers Tls. 100 Tls 371, sales Tls, 500 Tls, 170, sales
$10 $15,sales& buyers $10 $244, buyers $12 $8, buyers $10 $144, sales&sellers $10 $121,sales&buyers
$5 $7, selle s £10 31.40, buyers $50 $1.45, buyers $25 $5, sales & buyers $25 $242), sellers $100 3300
* 0 $154, buyers
$6 $ 24. buyers $10 $40 12/6 S, sellers
$4·189-
$10 8210, buyers
$5 nominal $10 $9.80, buyers $10.74. sales $10 $5
$10 $9.40, buyers
$50 $50
$10 $10, nominal
$500 $200
$5010, sellers
VERNON & SMYTH, Brokers. `
51
an
Mos r. J. P. Bisset & Co. in their Share Report dated Shanghai, Jan. 8th state-Loans.- stocks are offering at quotations. No business reported. Since the date of our last circular (23rd Decemberl, 908) the big settlement for the end of the year has passed through, and very satisfactorily, and prices ruling at the end of the year were maintained at the opening of January. Since then there has been a weakening of some of the stocks, particularly Dangkats, due largely to the rise in exchange and an increasing tightness of money. We have prepared a table of apprecia- tion and depreciation of stocks borne on our Mar- - ket Report during 1903. The depreciation aimounts to nearly fourteen millions. Of this sum, however, has to be noted a heavy depreciation in Shell Transport and Trading Co. Shares amounting to about 7 million taels, also of Chinese Engineer- ing and Mining Co. of nearly two millions. In these two stocks we are glad to say this port is not deeply interested; but it suffers principally through the depreciation in Farnham, Boyds, which amounts to a little over 34 millions, and in Shanghai and Hongkew Wharves of nearly two millions, while the port has benefited by appreciation in Langkats of over 34 millions. The T. T. rate on London to-day is 2/6). Bu‹iness was resumed after the holidays on the 4th inst., the market opening very quietly. Banks. H. &. S. Banks. No Business repor: ed. Fire & Marine Insurance. No business reported. Shipping.—- Indo-Chinas were placed on the 4th inst. at Tls, 51′ January; 52, 51 and 52) March, and 51 April. On the 5th January, shares were placed at 511, and for March at 53, 521 and 32. On the 7th, March shares were placed at 514 and to-day cash shares were placed at 51., Shanghai Tug Boats, ordinary shares, have been placed at 'l'ls 50 cash, and 52 March. There is no other business to report in stocks under this heading. Docks and Wharves.-Farnhams, opened on the 4th with cash shares at $120 and 122, and 125 March. On the 5th, 122, 121, 122) and 122 cash; 123 Jan; 125 March; 123 and 126) April. On the 6th at 122 cash and 124 March. On the 7th at 122. cash; 1231 Jan., 124, 1241, and 125 March. The market closes quiet with sellers at these råtes. Shanghai and Hongkéw Wharves. Cash share: have been placed at $215 and March shares at 220 Mining.-The only business reported is in Kaiping bearer scrip, at $6.25 and $6.30 cash. Lands.-Shanghai have been placed at $106 for cash and 110 for March.. Weiheiwei lands at Tla. 10. Industrial.- In Cotton Stocks, Laou Kung Mows have changed hands at $37 and Soy Chees at $170. Ices been placed at $15 and Pulps at $117. chappij, etc. in Langkats The m rket opened on the 4th with sales for cash at $314 and 315; 327 and 330 March, and 332) April On the 5th cash shares were placed at 315, 317) and 315, and for January 319/320; for March 328, 3271 and 330, and for April at 332). On the 6th March shares were placed at 3271, and for April at $3271 and 329. On the 7th cash shares were placed at 310, and 805 and 307); 307) January, 322', 317 and 320 for March. The market closes with small buyers at 803 cash.. Sumatras have been placed at $52. Stocks and 'otels. Astor Houses have been placed at $29, and Centrals at $26. Hall and Holtz at 88. Miscellaneous.No business reported. Loans.-Sellers of 5 per cent, deben- tures at par
HOMEWARD FREIGHT.
have Maats-
Messrs. Wheelock & Co. in their Report dated Shanghai 7th inst. state:Since last writing our homeward Freight market has remained very dull and cargo for any direction is quite unusually scarce even for this eason of the year, and we are afraid there is not much chance of any im- provement until after Chinese New Year, which takes place about the middle of February, Coast- wise-Rumours of war during the past fortnight have given quite an unexpected impetus to coal freight and rates jumped from 90 cents to $115 and $1.20 per ton from Japan to this, at which rate the market closes firm. For London and the Continent. The steamer Glenfarg and Denbigh- shire are both sailing to-morrow to be followed by the steamer Fangtse and Sanuki Maru sailing for Marseilles, London and Antwerp on the 14th and 18th inst. repectively, and the steamer Radnorshire for Havre, London, Hamburg and Antwerp about end of the month. For Havre, Bremen and Ham- burg. The steamer Ambria saila to-day For New York via Suez.-We have two boats again loading together on this borth, viz, the Sikh and the Hudson, and the latter will probable sail first as there is little or no cargo to be got by waiting here, although prospects in te South are no better from all reports. The Sagami has again been postponed, and will probable not load here before the end of the month.
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