March 10, 1906;]
SHARE REPORTS.
HONGKONG, 9th March, 1906. With the exception of a further advance in our local Marine Insurance stooks we have still to report A Weak and featureless market, with no business of any importance to chronicle. The release of dividend money, which might have been expected to steady the market, has apparently bad little or no effect on rates, and stocks generally close dall and difficult to more.
BANKS-Hongkong and Shanghais continue ou offer at $860 and we have no business to report. The London rate has fallen to £90. -Nationals can still be placed at $38.
MARINE INSURANCES.—Unions continuing ind demand without any shares to supply the market, the rate gradually 1088 without busi- ness to $795, at which a few shares are reported to have changed hands; later the demand still continuing the rate again went up to $900 with sales, the market closing s'eady at that rate. China Traders following Unions, and on the same lines, have advanced to $96 without business, closing with buyers at that. Cantons have been placed during the week at 23424 and later at 8345, closing steady at the latter rate. The Northern Insurances remain unchanged and without business.
•
CHINA OVERLAND TRADE REPORT,
Closing quotations are as follows: -
COMPANY.
PAID UP.
Alhambra
QUOTATIONS.
$860, sellers (London, 290.
$200 $100
Banks-
Hongkong & S'hai.. National B. of China
$126
25
$38, buyers
$7, buyers
$12 $10, sellers $10 $9
A. Shares Bell's Asbestos E. A... 122. 6d.
China Light & P. Co. China-Borneo Co..
China Provident
Cotton Mills- Ewo........ Hongkong International Laon Kung Mow Soychee
Dairy Farm
Tls. 50 Tls. 62, buyers
$10 $161, buyers Tls. 75 Tis. 60 Tls. 100 Tls. 64 Tls. 500 Tls. 250 ex div.
$0 $16, sales
Docks & Wharves-
Farnham, B. & Co... Tls. 100 H. & K. Wharf & G. H. & W. Dock New Amoy Dock,
Tls. 117 $50 $106, sellers $50 $154 $6 $16
Tls. 225
$23, sellers $221, sellers
S'hai & H. Wharf... Tls, 100
FIRE INSURANCES.-Hongkongs have found buyers in small lots at 8322) cum dividend of $25 paid on the 8th inst., and close with a small demand at $295 ex div. China Fires have con- tinued in demand at $89 cum dividend of $6 Fenwick & Co., Geo... paid to day, and close with buyers at $83 ex div.
·
SHIPPING.-Hongkong, Cantou and Macaos have been in some demand at $24, but only very small lots have changed bands at that rate. At time of closing $244 18 is to bring shares on the market, but at $24) some shares are avail. able. Indo-Chinas continue neglected at $95 without any business of importance to report; the London rate has fallen to £10. Douglases can still be placed at $40, but sellers refuse to part except at an advanced rate. China and Manilas, cum div, of $1.50 to be paid on 14th instant, are obtainable at the reduced rate of! $201. Star Ferries (old) have been placed at $32, while a few new issue remain ou offer at $23.
REFINERIES.-China Sugars have weakened further to $210 cash, at which a few shares have changed hands, Luzons have declined to $35 without business.
MINING. No changes or business to report
|
G. Island Cement.
Hongkong & C. Gas...... Hongkong Electric......
Do. New
H. H. L. Tramways....... Hongkong Hotel Co... Hongkong Ice Co..... Hongkong Rope L'o... H'kong S. Waterboat
Insurances
Canton China Fire. China Traders Hongkong Fire.. North China.. Union Yangtaze
Land and Buildings-
H'kong Land Invest. Humphreys' Estate Kowloon Land & B.
$25 {
$10 $30, buyers
£10 $175, buyers 310 $161 $10 $16, sellers $100 $215, buyers $50 $135 sellers $25 $280, buyers 850 $162 -$10 $10, sellers
187
Messrs. J. P. Bisset & Co.'s Share Report for the week ending the 1st March, 1906, states:— Business in the early part of the week under review was decidedly slack, but at the close we have to report a sensible increase of business all round, both in the speculative stocks and also in the miscellaneous market. Rates all round are fairly steady and a good deal of covering has been done Already for the March Settlement. The T.T. rate on London to-day is 2/11. Banks.-There is no business to report. The rate on Hongkong is quoted at $890 and the latest London quotation is 295, 10s. Od. Marine and Fire Insurance.There is nothing to report under this heading. Ship- ping.-A single transaction in Indo-Chinns bas been reported at Tls. 68. Shanghai Tugs.” After sales of ordinary shares last week at Tls. 59 there was a demand at Tls. 60, and shares changed - hands at this rate, closing slightly weak. Pre-
$10 69, sales & sellers ference Tugs are wanted at Tls, to. Dooks and Wharves. 8. C. Farnham, Boyd & Co., Ld. Business in this stock just now is exceedingly quiet and we do not see where any impetus is to come from. The business of the week is restricted to sales for March at Tls. 123), possibly shares may be had at a fraction less, but with nothing doing we cannot give an accurate closing quotation. Shanghai and Hongkow Wharves. - A large busi- ness has been done in this stook during the week at rates which have not varied very much. On the 23rd sales were made at Tls. 230 March and Tls. 240 and 2374 July. A decline then took place and considerable business was done at Tis. 237 for July. The March rate also dropped to Tls. 2271, and at closing we have to report a further decline to Tis. 226 and 225 March, while there are sellers at Tis. 235 July. Sugars.—A single transaction in Perak Sugars has taken place at Tls. 70. China Sugars are quoted at $210 sales from Hongkong, Mining.-Weihaiwei Golds are not in demand this week and there is only one lot of shares at $14 which have changed hands. Chinese Engeerining & Mining Co. still continne very firm and at the close Tls. 10.25 can be had for shares. We do not hear of any offer- ing at the rate. Lands.-No business reported but there are buyers at 114, 113. Industrial.—As usual a fair business has been done in the Cotton Stocks. Ewos have been placed at 7ls. 58. and 58 March, and 'T'Is, 62 December. Internationals, These have changed bands at Tls. 56 and 58, closing firm. Laou-Kung-Mows. The following rates are reported:-Tla. 62 cash, Tls. 63 March and Tis. 65 June. Hongkong Cottons are wanted at $15. Shanghai Gas Co. have been dealt in at Tls. 130. Green Island Cements have further advanced and business has been done in the South at $33 closing steady. Langkats havė suffered a slight decline during the week, commencing with sales at Tls. 235 and 237 March, and for June de- livery Tls, 2421. Up till the 20th these rates were well maintained, but a drop then took place and shares have since been dealt in at Tls, 234 and 238 March, while for forward delivery buyers are scarce at Tls. 240 June and Tls. 242) July. Stores and Hotels.-Hall & Holtz have been done at $25. Astors. On rumours of the sale of a portion of the property, shares advanced in one bound from $28 to 321. We close with sellers at $31 and buyers at 30. Centrals. Old shares have changed hands at $18. Miscellaneous.-- 'Telephones at Tls, 68. Loans and Decbentures.--- Shanghai and Hongkew Wharf debentures 6 per cent. at Tls. 96. Municipal Council 5 per cent. at Tls. 28. Shanghai Lands debentures 6: per cent. nt Tls. 96, and Shanghai Waterworks 6 per cent, at Tls. 90.
$50 $315
$20 $83, buyers $25 396, buyers $50 $300, ax div.
25 Tls. 92
$100 $800, sales & sel.
$80 $180
$100 $112, buyers
$10 $11, sales & sel. $30 $37, sellers Shanghai Land...... Tls. 50 [lls. 115 WestPoint Building
$50 $53, sellers
Mining-
Charbonnages Raubs.
DOCKS, WHARVES AND GODOWNS.-Hong- kong and Whampoa Docks continue out of favour and small sales have been made at the reduced rate of $154, sel ́ers at that rate ruling the market at time of closing. Kowloon Wharves, notwithstanding the improved report Philippine Co. mentioned in our list, have ruled weaker with sellers and no buyers at $106 Faruhams dur-Refineries-- ing the week have declined in Shanghai to Tls, 117, closing at that rate, while sales have been effected for July at Tls. 229 and Tls. 922) New Amoy Docks unchanged and withont business.
LANDS, HOTELS AND BUILDINGS.-Hong- kong Lands have continued to rule quiet at $115, but a small demand at $112 fails to weet with any er sponse. Hongkong Hotels have remained weak at $140 cum div. of $5, paid on the 7th inst. and cl se quiet at $135 ex div. Humphreys have been negotiated at $11 and close with sellers at that rate. har ghai Lards have improved to Tls, 115.
COTTON MILLS-Ewos hare advanced in Shanghai to Tis. 62 and Lau Kung Mows declined to Tls. 64. Hongkongs have been placed at $16 and $17 closing with buyers at the former and sellers at the latter rat”.
MISCELLANEOUS. China Providents have changed hands in smali lots at $9, Dairy Farms at $16, Green Islands at $30 and $304, and Watsons at $18. Powells could be placed in small lots at 811, but sellers demand Silf and -no business has regnited. We have nothing
further to re, ort under this heading.
China Sugar
Luzon Sugar....
Steamship Companies China and Manila... Douglas Steamship H., Canton & M. Indo-China S.N. Co. Shell Transport Co
Do. Preference. Star Ferry 'Do. New
Shanghai& H. Dyeing
South China M. Post. Steam Laundry Co.
Do.
Fer. 250 $490
18/10 $31
Stores & Dispensaries. Campbell, M. & Co. Powell & Co., Wm. Watkins..... Watson & Co., A. S. United Asbestos .....
Do. Founders
$10 [51, buyers
$100 $210, sellers $100 $35, sellers
$25 $201, sellers $50 $40, buyers $15 $241, buyers 210 $95, sellers
£1 (24/- 2102, 103.
$10 332, sales&buyers
$6 $23, sellers
$50 $50
$25 $20, sellers $5 $7, sellers $5 $61, sellers
$10 $36 $10 $11, buyers $106, sellers $10 $13, sales
$4 59 $10 $160
- VERNON & SMYTH, Brokera
FREIGHT.
From Hankow per Conference Steamers.-To London and Northern Continental porta 46/-per ton of 40 c. ft. plus river freight. To Genoa, Mar- seilles or Harve 41/6 per ton of 40 o. ft. plus river freight. To New Yerk (via Suez) 82/- per ton c. ft. plus river freight. To New York (Overland), Tea G. $14 cents per lb. gross, plus river freight. To Shanghai: Tea and General Cargo, Tla. 1.80 per too, weight or measurement.
Messrs. Wheelock & Co.'s Freight Market Re- port, dated Shanghai 1st March, 1906, states: There has been no change in our market since we issued our last. The weather has been so bad that it was almost impossible to move cargo, vessels leaving with only part of their freight. which had been booked. Coastwise:—There is still a small enquiry from the river ports and rates from Japan show a decided improvement.
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