The Archive · 1899

MANY. YORK

Eeae tytronsfers. Bank m/s. Credits 4 mie. Docty. 4 mis. Francs 4 m/s. '4 mje|Docty,/XX°.

a and 6 do. Priv. 4 m/s. T/T Rap.

Sept. Lowen, Iighest!towest, Highest,|Lowest. Highest-Lowert, Highest] Lowest, est. res) 26th. 27 BT 28y6 28h 28g 285 [341/424 3.41443 2.78} 664 73k vog 1974 28th QF 4 285 2.83 284 2.8) 340/414 3.40/415 2.77 66 734 763 197 27th. 27% te] 28pe 2.84 28 283 s.40/s13 3.4/4 4) 277 66g 738 76g 1974/197 30th.. 2.73 TEE Bye 2.85 [aa 2.33 4/41 340/413 2.763] 664 73y'¢ 767 196% 29th. car i 2.8;'5 283 28ye 2.8) 9.994/41 3.40/414 2.763] 664 73y'6 765 197 Qnd Oct.) 27 278 Te ante 2.83 [28,284 3.39/405 2.76 _66_ 733 774 196

Shares.—From Messrs. J. P, Bisset & Co.'s Report of 2nd October Business has been rather brisker this week, and we note improvements in China Traders', Hongkong Fire, Indo-China, Perak Sugur, Hongkew Wharf, ard Shanghai Tug Boat shares.

Baxus.—Hongkeng and Shanghai Banking Corporation.—No business is reported. The London price is £60.10.0. The latest Hongkong quotation is buyers at 346% premium.

Manrxz Ixsunaxce,—Union Insurance Society of Canton, It. The report and accounts for 1898 and to the 30th June last have been published for the 26th meeting of shareholders convened for the 12th currest, 1898,—The net premiums amount to $2,355, 771.:, and exceed those of the previous year by $430,056.07. The total losses ant claims, including $210,359.59 carried forward to meet pending; claims, amount to 81,500,218.11, which is equal to 62.50 per coa. of ti premiums, as compared with 62.92 per cent. in 1897. The expense absorb 17,52 per cent. of the brei as against 20.39 per cent. la the previous term. The working account shows a credit bala $450,559.69 after payment of a bonus of 99 per cent, on contributions, and the Directors recommand payment of a and an addition of $60,000 to the Reserve Fund, which will then stand at $1,900,000, which, with $210,359.69 cam pending claims, closes the account. The Exchange Fluctuation account shews a credit balance of $646,491.88, and the In' account a credit balance of >201,079.35, which in the aggregate are $3 16.58 less than those of the previous year 1899.—1' of working account to 30th June last amounts to $1, 194,031.08, and the estimate to 30th September shews a credit balance of $1, A China Traders' Insurance Ca., Ltd.—The Directors" report anil statement of accounts for the year ending 30th April last have been pahi The meeting of shareholders'ig convened for ths 10th October. The net premiums amount to $1,064806.81, and exceel those of the previous year by $52,284.86. The losses amount to $543,189.60, and absorb 53.087, of the premiums, against 56.19% la the previ brought forward, out of which the Directors recommend the payment of $95,900 as a dividend of $4 per share, and $120,000 as " dividen the expenses are $304,994.07, equal to 28.64% of the pre compared with 27.8% i the previous year, "A Ualance of 418,65 of 15% on Contributions, which leaves " balance of $202,555.95 to be carried forward. Shares ure wanted in Hongkong at $64 Chinas were sold at $200, and Yangtszes at $125. Canton Insurance shares are offering at $150. At the meeting of sharehold Straite Insurance Ca. held in Singapore on the 28th ultimo the resolution to place the Ca, in Liquidation was coufrmed.

Surrrixa.—Indo-Ohina 8. N. shares were placed at cash, "F54/044 for October, and 55/554 for December. Hongkong quoter Fin Issonaxon.= Hongtongs have improved to $333 in Howson. Chinas are offering locally at $99, cash buyers ut $72. Dowlas Steamship Ao. Ld.—The Directors' report und statements of accounts for the year ending 30th June lust were Keamore were $72,981.48, us compared with $182,625.82 in. the previous year. The Proft and Loss" recount shews a balance of $96,672 88 Presented and passed at the meeting of shareholders held in Honckong on the 30th Septomber.,'The profit dri the running of the Company's at credit, of which it is proposed to write $39,647.14 off the book values of the Company's property, and to carry the balance of $57,025.24 to the Reserva Fund, which will then stand at $231,187.38, Hongkong quotation was sellers at $50. shares are quoted in Hongkong as nominal at $147. Luzon Sugar Cultivation shares have declined to $5:

Sucar Conpastes.—Perak Sugar Quitivaticn shares have been faced at Tol to $63 cash and 466 for December, China Sugar Refining Vooxs, Waanves & Goowss.—Boyd & Ca. shares changed hands at T195, and S. C. Farnham d: Qo, shares xt F212}, Shanghai Hongkew Wharf shares weve placed at $2374/2!, F244 for November, and ¥250.for March, ca Lanps.~Shanghai Land Investment shares were placed at $83, and are wanted, Humphrey's Estate & Finance changed hands $11, and Weihaiwei Land and Buituing shares ut $25.

Inpustarat.—Shanghai Gas shares were sold at 205/207. Tu Cotton Afitt chares, Laou-Kung-Mows were sold at ¥78 cash and '¥82 for March, and Yah-Loonge at 858.

Too & Canao Boats.—Shanghai Tug Boat shares were placed at $235, ex the last interim dividend. Cargo Boat shares are wanted MuscetaNzovs.—Shanghai Waterworks shares changed hands at $265. A sale of Shanghai-Sumatra Tobacco shares is reported at 52}. Quite a large business has been done in Shanyhai-Langkat Tobacco shares, at prices varying from F140 to 170 cash, at 170 for October, and £165 for November. We quote 170 as the closing rate.

Loans,—Shanghai-Sumatra 8% Debentures were sold at T101}.

Text read from the printed page and cleaned; old type leaves the occasional error.

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