July 28, 1906.]
CHINA OVERLAND TRADE REPORT.
COMPANY.
PAID UP. QUOTATIONS.
Per P. & O. steamer Japan, sailed on 19th July. | Closing quotations are as follows For London :-5 Cases human hair. 118 bales canes, 1 package sundries, 53 cases chinaware, 10 cases blackwoodware, 3 cases curios, &c., 5 pack- ages merchandise, 507 packages bulbs, 220 pack- ages tea (from Amoy), 3,767 hoxes tea, 6,150 hales hemp.
Alhambra
$200
100
! Banks -
Hongkong & S'hai.. National B. of China
A. Shares
$125
($8354 buyers (London, 292
20 347, sales
SHARE REPORTS. HONGKONG, 2 th July, 1906.-With the exo ption of a remarkable slump in Shanghai Docks the market has ruled featureless. Local rates have been, with few exceptions, well maintained, and in some important e ses show Bell's Asbestos E. A... 12s. 6d. 87 improvements. Busines, althouth not by any means brisk, has not been moribund, and the market retains some of the signs of a renewed vitality which were apparent last week.
wwh
BANKS.-Hongkong and Shanghais continne to rule strong, and the demand for the stock still meets with no response. Buyers are nOW willing to pay 8835, ut no shares are forth- coming, and we have no sales to report. Nationals remain unchanged with business at 847.
are till
MARINE INSURANCES. Unions enquired for at 8810, but we have heard of no sales.
China Traders have improved to $10 without bringing any of the few remaining shares on the market; the Chioa Traders-Union Certificates have been place during the week at $190 and $191, and close in demand at the latter rate. Cantons have been negotiated at the re- duced rate of $340, and more shares are available at that. Yangtszes have again been done at $172, and close steady. We have nothing far- ther to report under this heading.
FIRE INSURANCES, Hongkongs have found buyers during the week at $312 and 8315, the market closing with buyers at the lat- ter rate. Chinas continue in a small demand at $88, and small sales have been effected at that rate, while at time of closing small buyers are offering 8884 for shares.
SHIPPING.-Hongkong, Canton and Macaos have been placed at $27, and are still wanted. With the approaching dividend, however, holders are unwilling to part except at an advance. Indos have ruled quiet with small sales at $70. closing quiet at that rate. Douglases are wanted at $434/44 but none seem to be available. We have nothing else to report under this heading.
REFINERIES.-Cliz. Szpurs have fallen to $145 without business. Luzons are enquired for at $20 in a small wey.
MINING. We have nothing to report under this heading.
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DOCKS, WHARves and GodoWN8.- Hong- kong and Whampoa Decks have been placed during the week at the reduced rate of $148. but a further demand at that rate fails to bring out more shares, and it is doubtful whether a point or two higher would induce holders to part, in view of the reported decent result of the half-year's working. Shanghai Docks, on the issue of the report, quickly fell in the latter part of the week to Tle, 91 ex div. of Tls 4 paid on the 18th instant, at which rate, however, buyers came in, and a good many shares changed hands locally; at time of closing buyers at Tls. 88/89 fail to find sellers, and the market closes steady to strong. Hongkew Wharves have been placed in Shanghai at Tls. 220. Kowloon Wharves continue in demand at 810 6, bat holders are not inclined to part.
LANDS, HOTELS AND BUILDINGS.-Hong- kong Lands have improved to 8114 with sales. West Points have changed hands at $52, and close with a few shares offering at that rate. Hotels after a small sale at $125, were placed at $123, but the sale seems to have been au exceptional one, and the market closes with no sellers under $125. Humphreys have been en- quired for at 811, but no shares are forthcoming. COTTON MILL&-We give the Shanghai quotations for the Northern Mills at foot. Hongkong Cottons remain unchanged and without business at $14 sellers.
MISCELLANEOUS, -China Providents have been placed at $9, and more are wanted at the rate. China Borneos are still enquired for at 871 without bringing any shares on the market. Green Islands have found further buyers at $281, and more shares are still wanted. Philip- pines have been negotiated• at $5, Watsons at 813, and China Lights at $10; we have nothing further to report under this heading.
China-Borneo Co...... China Light & P. Co.. China Provident.
Cotton Mills—
Ewo....... Hongkong International Laou Kung Mow Soychee
Dairy Farm
Docks & Wharves-
H. & K. Wharf & G H. & W. Dock
$12 87, Layers $10 $10) sales
$10 $9, sales & þuyers
Tls. 50 Tls, 75
$10 $14, vellers Tls. 7 TIs..61 Pls. 100 Tla, 75 T 300 Tls, 300
86 $164
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51
ment has taken place in all Cotton Mill Shares. Shanghai Dock and Engineering Co. Shares have also firmed up considerably for July settlement. The T. T. rate on Lordon to-day is 2/11. Banks.
Hongkong and Shanghai Banks.-The result of the half year is published to-day, and is very satisfactory as usual. A dividend is declared of £1.188. per share, $750,000 is added to Silver Reserve, and $1,700,000 carried forward to next year's working. No business has been reported locally, but there are buyers in the market. Hongkong quotes 8820 buyers and the latest London quotation is £92. Fire and Marine ! Insurances.- No business reported. Shipping.—-- Indos have been dealt in at Tls. 54 and 55 for July, and further shares are wanted. Shanghai Tug and Lighter Co. Ordinary Shares have changed hands at Tls. 62 cash and Tls. 02 July. Docks and Wharves.-A marked improvement in the price of Shanghai Dock and Engineering Co. Shares has taken place. Early in the week shares were dealt in at 'Ï'ls. 105į, 1001 July and Tis. 106 September, but the price has now improved to Ts. 110 July, 110 September and Tls. 111 October. Shanghai and Hongkew Wharves. The market closed with buyers at Tls. 222 cash and Tls. 227 September. Sugara-No operations reported. Mining.-Weihaiwei Golds. A fair number of shares have changed hands at $2 for the $19 paid up scrip. Lands. No business reported, but Shanghai Land Investment Co. Shares are wanted at Tla. 114, Industrial.-A good business has been done in all Cotton Mill Shares. Laon Kung Mow's have been dealt in at Tls. 72) cash, Tls. 73 and 734 July, and Tls, 75 September. Ewo's have been quoted at Tls. 65 cash and July, Tls. 67 September, from which rate they jumped to Tls, 73 September. Inter- national Cotton Mills. There are buyers at Tis. 38, and business has been done at Tls. 61ļ and 62 September. Maatschappij, &c., in Langkata. $10 $281, salesj& buy. Business has been done at Tis. 225 and 226 cash; Tls 225, 226, 227) July and Tls. 2274 Angust. The market closed weak at the latter rate. Stores and Hotels.-Weeks & Co.'s shares have changed hands at $20. Hotel des Colonies are wanted at Tls. 16. Astor House Hotels are quoted at $32.75. Centrals (old) at $18, and Hall & Holtz at $23. Loans and Debentures.-Nothing reported.
$50 $106, buyers $50 $148, sales & buy. 36 318, sellers
Ne Amoy Dock. Shanghai Dock and to. Tls 88, buf.... x.d.
Eng Co., Ltd
S'hai & H. Wharf.. Ils. 100 Tls. 220
Fenwick & Co., Geo...
G. Island Cement.
Hongkong & C. Gas.. Hongkong Electric.. H. H. L. Tramways.. Hongkong Hotel Cu.. Hongkong Ice Co..... Hongkong Rope co.. H'kong S. Waterbont
Insurances
Canton China Fire. China Traders Hongkong Firs., North China.. Union. Yangtze
$25 $22, sellers
£10 $175, buyejs $10 $15, sellers $100 $233, buyers $50 $125, sellors $25 $240, huyers $10 329, sellers $10 $9
at t
~$50 $340, sales & sel.
$20 $881, buyers $25 $100, buyers $50-$315, sales & bay,
£5 Ta, 85 $100 $810, buyers $80 $1721, anles
Land and Buildings-
H'kong Laud Invest. $100 $1184, buyers Humphreys' Estate 310 $11, buyors Kowloon Land & B. $30 $38, sellers Shanghai Land......Tls. 50 Tls. 110, ex div. West Point Building
$50 $52, sales & sel.
Mining--
Charbor.nages Raubs...
Philippine Co..
Refineries-
China Sugar, Luzon Sugar.
Steamship Companie
China and Manila.
Doughs Steamship
H., Canton & M. Indo-China S.N. Co. Shell Transport Co Star Ferry Do. New
Shanghai& H. Dyeing South China M. Post. Steam Laundry Co. ...
Stores & Dispensaries.'
Fes. 250 $450, nominal
18 10 $31
Campbell, M. & Co. Powell & Co., Wm.. Watkins... Watson & Co., A. S. :
United Asbestos....
Do: Founders
!
$10 $5
$100 $140, sellers $100 $20, buyers
$25 $20, sellers $50 $431, buyers $15 $27, sales & buy. 210 370, sales sel.
21 27/6 $10 $30, Fellers $5 £21, zellers
$50 $50 $25 $20, sellera $5 $6, sellers
$10 $32 310 $101 $104, sellers $10 $13, sales & sel.
$4 $9 $10 $160
'TONNAGE.
A
HONGKONG. 13th July.-There has been limited demand for tonnage during the past fort- ¦ night, and rates are lower all round. From Saigon to Hongkong, part cargoes have been secured at 10 cents per picul; to Philippines, 23 cents nominal; to North Coast Java, 17) cents for prompt and 20 cents for August September loading. From Iloilo to this, 18 cents per picul last. From North Coast Java to Hongkong, 24 cents per picul nominal. From Newebwang to Canton, 12 cents per picnl. From South Japan coal, port to Hongkong, $1.30-per ton last. The following are the settlements :---
Esang-British steamer, 1,127 tons, Newchwang to Canton, 17 cents per picul,
VERNON & SMYTH Brokers
Messrs. J. P. Pisset & Co.'s Share Report for the week ending the 12th July, 1906, statea :— There has been a fair business done during the ast week in most stocks, and a marked improve
Wingsang-British steamer, 1,517 tons, New- ehwang to Canton, 17 cents per picul.
Keiyang-British steamer, 1,082 tons, Now- chwang to Canton, 18 cents per picil.
Wandstco th-Pritish steamer, 2,086 tons, Moji
to Hongkong, $1.30 per ton.
Resolut-Norwegian steamer, 865 tons, Moji to Hongkong, $1.80 per ton.
Labog-Norwegian steamer, 942 tons, Moji to Hongkeug, 81.35 per ton.
Fri - Norwegian steamer, 850 tons, Hongay to Canton, $1.75 per ton.
{
Victoria - Swedish steamer, 1,181 tons, Saigon to one port North Coast Java (prompt), 17] cents per picul.
Quarta-German steamer, 1;146 tons, Saigon to one port North Coast Java (35,000 piculs), 21 cents per picul.
FREIGHT.
Messrs. Wheelock & Co.'s Freight Market Report, dated Shanghai 5th July, 1906, states: Our Homeward Freight Market has improved slightly since last writing, and although the hides and wool seasons are practically over the tea season, now well advanced, should amply make up for them. We regret having omitted to draw the attention of shippers to the fact that the rates on straw braid to London and the Continent have been reduced. Coastwise-Things could hardly be worse than they are at present, and we can only hope that we have now touched "bed-rock," there is any quantity of tonnage offering for employ- ment but practically no demand in any direction whatever except at "starvation" rates and owners prefer to keep their ships laid up.
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