Baxxs.—Hongkong and Shanghai Ranking Corporation—Cash thares were sold locally at 265% premium, and to Hongkong at 265} and 266%; premiuta." A tale for August was male at %68$% premium. 'The latest London rate is £58.5.0. Hank of China & Japan,—The rectors' report and statement of accounts to flat December last were presented and passed at a meeting of shareholders held in London on the 27th March. The paid-up Capital is £414,231.7.4, andthe deficiency owing from shareholders is £209,946.19,3, which is £3,494.13 10 Jeas than it waa at the.end of 1897. The net profite for the year were £2,325. 13.2, equal to 1.14% on the available Capital, £204,254.8.1.
Manse Insonaxcx.—The Union Insurance Society has declared an interim Ronus of 20 per cent on Contributions for 1898, payable on the let Miy. The North-China Inewance Ca. paid on interim dividend of 5 per cent on the 20th at exchange 2/8}. We quote the shares (38180 ex div. Straits Inmrayce shares are wanted at $4.
Fine Insveascr.—Chinas changed hands at $82, Smirrixo.—Indo-China S. N. Ca. shares were purchased from Hongkong at $68 for the 30th current, and $71 for Bist July. We quote 750 an the closing cash rate, Sucans.—Perak Sugar Cultivation shares were placed at T48 for September cum: div., and at F474 cash ex div. China Sugar Refining hares are offering at $170 in Hongkong, while Luzons have sellers at $49.
Docks,, Wuarves & Gopows: ares in S. C. Farnham 4 Ca. bare changed hands at F180 and T1S2} cash. Shanghai Dock Preference shares were placed at F101, and are offering, and Ordinary shares were sold at $95 for SIst August. Shanghai " Honpkew Wharf shares have beet: in strong demand, and business was done at T190/1624 cash, £1624 and £165 for the 30th, L160 for June, 160/170 for July, and 1574/1724 for August, closing strong.
Laxps.—Shanghai Land Investment shares changed hands at 'F524, IxpvsrRrat.—Cotton Mills.—The Chairman of the International Ca, issued a circular to sharcholiers informing them of certain serious ons in the statement of account passed on the 22nd November, and promising a new account This had a depressing effect on all these stocke, E.aco shares were parted with at $65, at which rate they are in demand, Internationals wore sold for June at '¥71, Laou-Kung-Mows at £82 for September, and Soy Chees at $350. Shanghai His shares changed hands at T82, Shanghai Ice shares were sold, and are wanted,. Shanghai Feather Cleaning shares are offering.
Tvos axp, Canoo Boats.—Shanghai Tug Boat shares were placed at $230 and Ca-operative Cargo Boat shares rib F135, Miscentayzous.—Shanghai. Sumatra, Tobacco shares were placed at, ¥61/62 cash and ¥65 for lst August. Shanghai-Langkat Tobacco Old shares changed hands at '$80. 'The fourth and final call for $25 on the New shares is due on the 20th May. Shanghai Horse Basar Ca. Ld.—The Directors' report and accounts for 1898 were Prescoted and passed at the meeting of shareholders held on the 19th instant. sum of $4,000, the balance of Consideration to Vendors. Including '& balance of 4,040.09 from the previous year, there was a sum of The net profit amounted: fo 14,120.76, equal to 15.60% on the Capital, as aguinst 20.49% in the previous year. From this was written off 'F14.160.85, t0 distribute." A dividend of 10% was declared, which absorbed '$9,000, and left a balance of 5,160.25, which is carried forward. Shares in J. Llewellyn & Ca. were placed at $60 and $61. Hall de Holts, Ld.—The Directors' report and statement of accounts to the 28th February have been published. The meeting of shareholders has been conveuied for the 29th current. The net profits for the year are $27,732.19, equal to 19.91% on the Capital, against 35.38% in the previous year. Including a balance of $6,031.59 from the previous year, and deducting $14, Q00 paid ax un interim dividend of $2 per share, there is a balance of $19,763.78.to.appropriate. The Directors recommend the payment of a final dividend of 82 per share (making 2% for the year), and to carry forward the balance of $5,763.78. The 750 Uoistued shorea were taken up by the shareholders at $50 per share, auld the profit-$7,500" was placed to the credit of the Reserve Fund, which now stands at $152,5:0. Shures.were placed at $34.
—Shonghai Land Investment Company's 54% Debentures were sold at ¥95.
Rate of \hen Payable.' siamcude" Closing. 1 Return oe Toy.
Interest. jamortisation, jun, Dreher tes—fesue 1880)
June & Dec, 1
Text read from the printed page and cleaned; old type leaves the occasional error.