October 3, 1904.]
SHARE REPORT. HONGKONG, 30th September, 1904. The lall reported in our last as having set in proved of short duration, and with the passing of the Chinese Harvest Moon Festival, a satisfactory settlement reported from Shanghai, and the completion of our own monthly settlement, satisfactorily, we are again able to report an active and strong market. Indo-Chinas and Sugars still occupy most of the attention of operators; a fair general business, however, has been transacted during the week at steady rates, and the market generally closes active and firm.
BANKA, Hongkong and Shanghais have changed hands in fair lots at $650, closing with further small bayers at that rate. The London rate has improved to £67. Nationals continue in demand at $39 to $40 without sales.
MARINE INSURANCES.-Unions are enquired for at $605. Chins Traders have found buyers at $61 and $604, el sing with buyers at the lat ter rate. Cantons have been placed at $240, and. more shares are wanted at that rate. It has been decided, subject to the approval of shareholders, to pay a dividend of $7 per share for 1903 account, to place $100,000 to reserve, to credit of reinsurance fund $25,000, and to carry forward $150,000. North Chinas and Yangtszes re- main unchanged and without business.
FIRE INSURANCES. Both Hongkongs and Chinas have changed hands in unimportant lots at quotations,
SHIPPING. Hongkong, Canton and Macaos have been the medium of a fair business at $284, and close with further buyers at that rate. Indo-Chinas, after further sales at 8:24, advanced to $127, only to recede again almost immediately to $124; at time of writing, bow- ever, the rate is firmer and sales have been effected to-day at $125 and $126; market closes at $126 buyers. On time shares have changed hands in fair lofs at $128 and $129 for Decem- ber, $129 and $130 for February, and at $130 and $131 for March. China Manilas hive ruled neglected at $261 with no sales. Star Ferries are on offer at $41 old and $31 new with no sales to report. Shell Transports con- tinas steady at 24/6 with sales, and close at 258. with probable buyers. Douglases have declined to $32 ex div. of $2 paid on the 28th inst.
REFINERIES.-Chius Sugars have experi- enced another big boom, and the rate has risen to $232; a demand both for cash and forward has existed all through the week, and cash holders have been loth to part with their holdings; forward, however, a good business has been transacted at from $220 to $:30 for December, $225 to $235 for March, and at equivalent rates for January, Febuary and April; mark-t closes firm at $232 cash with buyers, and probably a higher rate would be paid were shares forthcoming.
MINING. No change or business to report. DOCKS, WHARVES, AND GODOWNS.-Hong- kong and Whampoa Locks have ruled some- what quieter with small sales at $225 cash and at $225 for February; at time of writing a demand at $235 exists. Hongkong and Kow- loon Wharves have been enquired for in small odd lots at $113 to $115, but very few shares were obtainable, and since the books of the Company have closed for transfer of shares in connection with the new issue, the demand has moderated; shares could, however, be freely placed at $113. New Amoy Dooks unchanged. Farnhams have been an erratic market, rates varying from $177) to $193; at time of clos- ing a local demand exists at $181.
LANDS, HOTEls, and BuilDINGS.—Hong- kong Landis have declined to $151 without business, and sellers still rule the market. West Points have also receded to $6) with sel- lers. Humphreys have found bayers at $12.75, and more' shares are wanted at that rate. Hong- kong Hotels remains steady with small sales at $136 Kowloon Lands unchanged and with ́out bus ness. -.
COTTON MILLS.-The market continues utterly neglected, and without any change in rates. MISCELLANEOUS,—– Green Islands continue in demand at $31, and in the absence of shares a slightly higher rate would doubtless be paid. A. 8. Watsons have been placed at $15 and $14.75, closing with buyers at $14.50 and sellers at $15, cum new issue; Electrios, both old and new, arè on the-market at $15 and $91 respec-
|
CHINA OVERLAND TRADE REPORT.
tively without finding buyers; Ices are enquired for at $250, and Steam Water Boats at $22. ight and Powers have changed hands at $10 and Watkins at 891. We have expunged the Canton Ice and Cold Storage Company, Limited, from our list, as the flotation of the Company appears to have failed.
MEMOS.-Union Insurance Society's ordinary yearly meeting on 20th October. Transfer books close from 10th till 20th October. A. 8. Watson & Co.'s transfer books close till 8th October. Canton Insurance Office ordinary general meeting ou 21st October; transfer books close from 7th to 21st October.
Closing quotations are as follows: —
COMPANY.
Banks -
Hongkong & S'hai.. Natl. Bank of Chinal
A. Shares B. Shares Foun. Shares.... Insurance-
Union China Traders North China... Yangtzze.. 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
Charbonnages Raubs Docks, Etc.-
ON
255
MONDAY, 3rd October.
EXCHANGE.
LONDON.-
Telegraphic Transfər
...1/10
Bank Bilis, on demand
.1/10
Bank Bills, at 30 days' sight
.1/104°
1/101
Bank Bills, at 4 months' sight ...1/10 Credits, at 4 months' sight
Documentary Bills, 4 months' sight 1/104
ON PARIS.-
Bank Bills, on demand Credits 4 months' sight
ON GERMANY.—
On demand
ON NEW YORK.-
Bank Bills, on demand Credits, 60 days' sight.
PAID UP
QUOTATIONS,
ON BOMBAY,—
$125
( $650, sales & sel. {L'don, £67.
£8 $39, buyers 28 339, buyers £1 310, buyers
$100 $605, buyers
$25 $61.
£5 Tls. 72), buyers $60 $140.
$50 $240, buyers $50 $3321, siles $20 $87, sales & buyers
$15 $281ealest buyers £10 $126, buyers $50 $261, sellers $50 $32,ex div.,sellers $10 841, seller
$5 $31, sellers
£125/- buyers,
£10 £8. 10.
►
$100 $232, buyers $100 88, sellers
Fcs. 250 8490.
18 10d. 861, sellers
H. & W. Dock H. & K. Wharf & G. New Amoy Dock S. C. F. Boyd & Co....Fls. Land and Building-
Hongkong Land Inv. Kowloon Land & B. West Point Building Hongkong Hotel Humphreys Estate. S'hai Land Ins. Co., Ld. Cotton Mills-
Ewo
International Laou 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. Bell's Asbestos E. A.... United Asbestos
Do..........
Tebrau Planting Co.. China Prov. L. & M. Watkins, Ld China Light & Power
Co., La. Powell, Ld.. Shanghai and Hong- kong Dyeing and Cleaning Co., Ld., Companies-
Alhambra Limited. Phippine Tobacco ) Trust Co, Ld. 1
Steam Laundry (o,1
Ld.
S. C. Morning Post
Tls.
$50 $225, buyers $50 113, buyers $61 $271, sellers 100гls. 131, buyers
$100 $151,8alez&sellers
$30 $39.
$50 $60. sales $50 $136, fales $10 $12.75, buyers $21 $5.
50 Tls. 113, buyers
Telegraphic Transfer Bank, on demand ON CALCUTTA,---
Telegraphic Transfer Bank, on demand UN SHANGHAL.--
Bauk, at sight
Private, 30 days' sight.
ON YOKOHAMA.——
On demand
ON MANILA,
On demand-Pesos.......................... ON SINgapore.-
On demand
ON BATAVIA.-
On demand ON HAIPHONG.
On demand
ON SAIGON-
On demand
ON BANGKOK.-
On demand
..231
..234
.1871
.444
454
...187
..1874
.137
........... 1374
***... 724
.721
..........90%
...90
..54 p.c..p.m.
....1101
...13 p.o. p.m.
...........1 pc. p.m.
62
.........$57.10
.261
SOVEREIGNS, Bank's Buying Rate......$10.85
GOLD LEAF, 130 fine, per tael
GAB SILVER, per oz.
TONNAGE.
:
HONGKONG, 23rd September.-There has been a very good demand for tonnage all round during the past fortnight. From Saigon to Hongkong; 22 cents offerin for ready medium sized carriers to Philippines, 35 cents last; to Java, 84 cents to Japan, 471 cents per picul. Bangkok to Hong- | kong, several suitable steamers could be placed at 34 and 28 cents per picul. Java to Hongkong, 30 cents per picul offering for wet and/or dry sugar; to Japan, 45 cents. From Hongkong to Newchwang, 50 cents per picul last and offering. Newchwang to Canton, nothing doing. Coal freights remain firm. From Moji to this, $2 last and offering to Singapore, $2.50; to Manila, 3.50. Time charters. The Dott and Emma Luyken have been chartered for local account. A large number of steamers have been closed up north. The following are the settlements :-
Amara-British teamer, 1,566 tons, Moji to Hongkong, $2.20 per ton.
Petrarch ––German steamer, 1,252 tons, Moji to Hongkong, $2 10 per ton.
Onsang-British steamer, 1,787 tons, Moji or Kuchinotzu to Hongkong, $2 per ton.
Nanshan-British steamer, 1,299 tona, Kuchi- notzu to Hongkong, $2 per ton.
Heimdal-Norwegian steamer, 763 tong, Waka- matsu to Swatɔw, 32 50 ton.
per Carl Mansell-Gernian steamer, 984 tons, Hong- kong to Newchwang, 50 cents per picul.
Tls. 50 Tls. 30, sellers Tls. 75 Tls. 25. Tls. 100 Tls. 32). Tls. 500 Tls, 160, sellers $10 $11, sellers $10 $31, buyers $12 $11, buyers $10 $141, buyers $10 $15, buyers $5 $91, sellers 210 $160, buyers $50 $140, sellers $25 847, sellers $25 $250, buyers $100 $300.
$10 $22, buyers
$6 $22, buyers $10 $37, buyers 12/6 $5, buyers
$480, buyers $10 $180.
$5 $1. $10 $94, sellers $10 |$9), bayers $10 $10, sales $10 $11.75,exdiv sales per picul
$50 $50.
$500 $150, sellers
$10 $91, sellers
$7, Bellera $5
$81, buyers $25 $191.
VERNON & SMYTH, Brokers.
Fooshing-British steamer, 1,423 tons, Hong- kong to Chefoo and Newchwang, $16,000 in full.
Ravn-Norwegian steamer, 795 tons, Hongkong to Kobe, 28 cents per picul.
Hopsang-British steamer, 1,339 tons, Saigon to Kobe, 45 cents per picul.
Telemachus-British steamer, 1,340 tons, Saigon to Hongkong, 10 cents per picul.
Kurin-Swedish steamer, 698 tons, Saigon to Hongkong, 20 cents per picul.
Chinshan-British steamer, 1,282 tons. Saigon to one port Philippines (42,000 picula), 82 cents
A China Navigation Co.'s steamer, Saigon to one port Philippines (30,000 piculs), 82 cents per picul.
A China Navigation Co.'s steamer, Saigon to one port Fhilippines (82,000 piculs), 35 cents per picul.
Kweiyang-British steamer, 1,5! tons, Saigon to Iloilo (80),000 piculs), 35 cents per picul.
A China Navigation Co.'s steamer, Saigon to ne port north coast Java, 80 cents per picul.
Dott--Norwegian stemmer, 629 tons, montály, a months, at $6,000 per month.
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