January 30, 1904.j
HANKOW, 20th January. The prices quoted are for the net shipping weight excluding cost of packing for export :-
Per picul. Cowhides, best selected (Winter cargo) Tls 32.00
Do. seconds
Buffalo hides, best selected
Goatskins,untanned (chiefly white colour', Buffalo Horns (average 3lis. each).. White China Grass (Wuchang and/or
Poochi)
White China Grass (Sinshan and/or
Chayu)
Green China Grass (Szechnen)
Jute
White Vegetable Tallow (Kinchow)
White Vegetable Tallow (Pingchew
and/or Macheng)
White Vegetable Tallow (Mongyu) Green Vegetable Tallow (Kiyu)
Animal Tallow
Gallnuts (usual shape)
Do.
Black Bristles
وہ
28.00 22.00
23
""
58.50
"
10.20
12,00
"
11.50
11.50
CHINA OVERLAND TRADE REPORT.
MEMOS National Bank of China Ld. o-
រ
"
5.00 11.5
"
"
8.50
13
15.00
**
COMPANY.
PAID UP.,
QUOTATIONS.
10.80
"
H
19.00
Banks-
20,50
75
Hongkong & S'hai...
$125
$645, ì L'don, £62.
118.0
*
Natl. Bank of China'
19.50
"
Turmeric
A. Shares
3.80
£8 $35, buyers
་.
Sesamum Seed
B. Shares
"
4.30
Sesamum Seed Oil
8.00
Vegetable Tallow Seed Oil
Insurance
7.90
"
Wood Oil,
Union
"
8.00
China Traders
8.90
North China.
(Plum) do.
Feathers (Grey and/or White Duck)
Tea Oil
SHARE REPORTS,
95
MISCELLANEOUS Green Island Cements Messrs. J. P. Bisset & Co in their Share Report have sold and have further buyers at $25. A. for the week ending 22nd January, 1904, state- S. Watsons have been booked at $143. Electrics The main features of the week's business, has (old) are steady at $12) and (new) at $7. Ices been a decline in Langkata and Shanghai and e aliuue on offer at 8240 Steam Water Hongkew Wharves, while other stocks remained Boats are wanted at $15, ani Watkins at $75. generally on the same level. Our money market China 'rovidents have sold at $9, and Powells
is still extremely tight, and with the near ap- at 894, the latter closing with buyers at $9.60.proach of the Chinese New Year we cannot look Philippine Co, Ld. shares can
for any immediate improvement. The T. T. rate be placed at $10.
on London to-day is 2/7. Banks.-H. & S. Banks. No business reported. Our quotation from Hong- kong is 8642) nominal, and the latest London dinary yearly meeting on the 30th instant.quotation is £63 10s. Marine & Fire Insurance. Longkong Rope Co., Ld., ordinary yearly North Chinas have been placed at Tls. 220 and a meeting on
the 6th February, Hongkong sale of China Fires to Hongkong is reported at Cantou and Macao Steamboat Co.. Ld, ordindry $924. Shipping.-Indo-Chinas. A fair business 11.20-yearly meeting ou the 6th February. has been done for cash and January at Tls. 50 to
Closing quotations ara as follows:-
Tls. 51. The closing rate for forward transactions are Tls. 524 for March and 53 for April. Docks and Wharves.-Farnhamns have remained quite steady with buyers and sellers at Tls. 123 cash and January. March shares have been done at Tig 125, and there is a transaction for April at Tis 126. Shanghai & Hongkew Wharves have declined and business is reported on the 16th at Tls 210 cash, with a sudden drop on the 20th to Tls. 200 and 205 for March. Yesterday a further $100 $400, sales&sellers drop was experienced, and at the close the pries cash and January is Tls. 1971. Hongkong and Whampoa Docks-are quoted at $209 nominal. Sugars. No business reported. Mining.-Wei- hafwei Golds have been placed at $18 cash. Land.--- Shanghais improved and on the 20th shares were placed at Tls. 109 and 110 for cash closing at Tls 109, at which shares can be obtained. Industrial.-- No business reported in Cotton Stocka. Gas shares have been placed at Tls. 107. Shanghai Paper & Pulps at Tls. 120 for March. Maatschappij &c in Langkats. The market opened at Tls. 3021 for cash and at closing there are cash buyers at Tls. 292. During the interval shares have been placed at all intermediate rates, and the market is quiet. No transaction is reported for February, but for March a large business has been done, closing with buyers at Tls. 305. Tls. 312 has been done for April. Sumatras have been placed at Tls. 53. Stores & Hotels.-Hall & Holtz at $324 and 32. Miscellaneous. Nothing reported. Loans.--Perak sugar 7 per cent deben-. tures have been negociated at Tls. 97.
HONGKONG, 29th January. 194. There is no appreciable chan e to report in the general condition of our market, and but little business has been transact-d during the week under review.
BANKS.-Hongkong and Shanghais have ruled weak, and after small sales at $650 close with probable seller at $645. London bas receded to £62. Nationals are unch nget at $35 buyers.
MARINE INSURANCES.-Unions have sold and are still procurable at $490. Cantons have been plac d at $175, and are still on offer at thx figure in small parcels. China Traders | have sellers at $56 w th probable buyers at $55.
FIRE INSURANCES.-Hongkongs are with buyers at $3024. Chinas are steadier, and small lots can be placed at 892.
firm
SHIPPING: Hongkong, Canton and Macaos have sold at $301, and close with sellers at $31. Indo-Chinas, after sales at $72 and $7 are enquired for at $72, sellers demand- ing $734. China and Mauras have sold at $18 and $20, and close easier with sales at $19. Douglases after ales at $30 and $30 are quoted at $31 sollers. Star Forties are quiet at $30 and $19 for the old and new sliares respectively. Shell Transports are quoted at 20/- buyers x the interim dividend of 3/- per share for 1903, paid iu Loudon on the 1st January, 1904.
·
REFINERIES-China Sugara have attracted some attention during the interval and after advancing to $108 with sales are easier with probable sellers at $105. Luzons are unchanged at $10 sellers
MINING. In the absence of business there is no change to report in quotations under this head.
DOCKS, WHARVES AND GODOWNS.-Hong kong and Whampoa Docks have sold at $209 and $210, and close with some settlement shares in the market at the former rate. Hongkong and Kowloon Wharves have sold and are in further request at $95. New Amoy Docks are easier with se lers at $37. Farnhams fter sales at 1ls 123 cash and Tls, 129 May bave advanced to Tls 125 cash with buyers in
the North.
|
LANDS, HOTELS. AND BUILDINGS.-Hong- kong Lands continue quiet, and are procurable at $150 ex the dividend of $6 per share for the second half of 1903 paid on the 28th instant. Kowloon Lands are easier with sellers at $54. West Points after advancing to $58 are now on offer at $56 ex the final div. of $1.20
per share for 19 3 paid on the 28th instant. Hum- phreys Estates live sold and have further sellers at $11, the new shares have been disposed of at $2.55 und $2,50 Hongkong Hote's are unchanged at $147 sellers. Shanghai Lands have been b oked at Tls, 110.
COTTO MILS-Hongkongs are procurable at $151. Shanghai quotes Exos Tls. 33, In- ternationals Tls. 25, Laou-Kung-Mows Tls. 35, and Soy Chees Tls. 170.
Foun. Shares...
Yangtsze...... Canton.
Hongkong Fire
China Fire
Steamship Coys.
H., Canton and M.. Indo-China S. N. China and Manila... Douglas Steamship Star Ferry......... Shell Transport and
Trading Co...... Do. pref. shares........ Refineries-
China Sugar Luzon Sugar.
Mining-
Punjom
Do. Preference..
Charbonnages
Raubs
Docks, Etc.-
28 $35, buyers 21 $10
$25 $56, selles
£25 Tls. 69
$60 $135
$50 $175, sellers $50 $300, buyers $20 802, buyers
$15 831, Sollers 210 $73, sellers $50 $19, sales $50 $31 $10 $30, sellers 85 $19, sellers 21 21- ex div., buy. £10 £10, nominal
$100 $106, sellers $100 $10, sellers
$11 $1, sellers $125 cents Fcs.250 $600, sellers 18/10 $6, sellers
H. & W. Dock H. & K. Wharf & G. New Amoy Dock S. C. F Boyd & Co.... Tle. Land and Building—
Hongkong Land Inv. Kowloon Land & B. WestPoint Building Hongkong Hotel Humphreys Estate
S'hai Land Ins. Co., Ld. Tls. Cotton Mills-
Ewo
International Laon Kung Mow Soychee 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. Steam Water-
Boat Co., Ld. Dairy Farm
Campbell, Moore & Co,
$50 $209, sellers $50 $95, sales &buyers
$61|$38, sellers 100 Tls. 125, buyers $100 $150, ex div., sel.
$30 $35, sellers $50 $55,ex div.,sellers $50 $147, sellers $10 $11, sellers
21 $21
52 Ts. 110, sales
Tls. 50 Tls. 33, sellers Tle. 73 Tls. 25 Tls. 100 Tls 35 Tls. 500 Tls, 170
Bell's Asbestos E. A... United Asbestos
Do....... Tebrau Planting Co... China Prov. L. & M. Watkins Ld. China Light &Power
Co., Lào Powell, Ld.... Shanghai and Hong- kong Dyeing and Cleaning Co., Ld Canton, Hongkong Ice Cigar Companies
•
$10 $15, sellers $10 $25, buyers $12 $8
$10 $144, sellers $10 $124,sellers $5.187, Belle я £10 $140, buyers $50 $145, buyers $25 $50 $25 $240, sellers $100 $300
$10
$151, buyers $6 $12, buyers
$10 $40
*
12/6 $5, sellers
$4 $9
$10 $210, buyers
$5 nominal $10 39. sellers $10 $71, buyers $10 $5
$10 9.60, buyers
$50 $50
$10 $10, nominal
$500 $200
$50 $10, buyers
Alhambra Limited! Phippine Tobacco) | Trust Co., Ld. §
VERNON & SMYTH, Brokers.
THE DEPRECIATION OF STOCKS. Messrs. J. P. Bisset & Co. in a special circular, call attention to the depreciation of stocks. They state Of the total amount of depreciation amounting to TIs. 13,969,552, we are glad to say that only a small proportion is borne by Shanghai. In the case of the Shell Transport and Trading Co., showing a loss of over 7 millions, only an infinitesimal amount is borne by Shanghai, and the same refers to the loss of nearly two millions in the Chinese Engineering and Mining Co., Ld. the principal depreciation in which this port is conce ned is in S. C. Farnham, Boyd & C ',, Ld., and Shanghai & Hongkow Wharf Co., Ld., amount- ing to 5 millions. This is almost entirely bone here, and we have to bear a very heavy propor- tion of the depreciation in Indo-Chinas. Agai st this may be put almost in its entirety the appreci- ation in Maatschappij, &c. in Langkats. Shanghai shares only to a very slight extent in the depreci- ation in Hongkong Bank lares, as it enjoys little of the appreciation in Marine Insurances' with the exception of North Chinas and Yangtszes, the greater portion of which latter stocks it benefits from. In Land shares the only stock that interests Shanghai to any extent is its own Land Investment Co, and this depreciation is largely borne here.
In summing up, we make the depreciation borne by Shanghai on stocks gen- erally on our table as being somewhere in the neighbourhood of three millions of taels. Our readers must know it is impossible to give accur- ate figures. Notwithstanding tue continued tightness of money which we have experienced within the last five or six months and more particularly during the last month, stocks have remained steady and fairly strong at or about bur December quotations. Given peace and a little easiness in money, we look for much higher rates in most of our stocks.
HOMEWARD FREIGHTS. Messrs. Wheelock & Co. in their Report of the 21st instant state: -There is nothing of interest to report in our homeward freight market during the past fortnight, and ex orts of any deseription are practically at a stan·lstill; a state of affairs which is large y due to the instability of exchange. For London and the Continent: The only boats advertised on the berth besides the mails are the 8.8. Nestor, sailing for London and Antwerp on the 28th, and the 8.8. Radnorshire for Havre, London, Hamburg and Antwerp on the 30th inst.
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