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862
CHUNGKING
部業航福聚 Chu fu hang yeh pu
UNION FRANCO-CHINOISE DE NAVIGATION
Directors-E. Charrier, E. Bousquie
and C. T. Tong
C. T. Huang, Chinese manager
T. F. Li
H. C. Teng
部易貿國外誠興聚 Chu hsin cheng wei kwo mou e po
YOUNG BROTHERS TRADING Co. (Foreign Department), Exporters of Szechuen
Woodoil, Bristles, Goatskins, Feathers,
etc., and Commission Agents-Tel. Ad: Yangbrosco
ན
CHINESE MONEY
!
1 li
釐 (cash)
⚫032 of a penny
10 li
釐
make 1 fên
(candareen)
=
·32 of a penny
10 fên
10 ch'ien make 1 liang
分 make 1 ch'ien 錢(mace)
(tael)
3.2 pence
The Tael may be taken as worth one and a third silver dollar.
2s. 8d.
The above are weights of silver. They are not represented by any coin except the copper eash, which is supposed to be the equivalent in value of a li of silver, but the value of which differs greatly in different districts and at different times. They have no uniform intrinsic value, being made large and small and of varying composition. Silver is used uncoined in ingots, usually of fifty taels more or less, in weight, called "shoes," the usual shape being not unlike a Chinese shoe. In the maritime district from Canton to Amoy chopped dollars are the general medium of exchange. In 1890 a mint was established for the coinage of silver dollars and subsidiary pieces, and more recently mints for silver and copper coinage have been opened at Several centres. The coins, although supposed to be of equal weight and fineness, are differently inscribed. Some of the foreign banks issue tael and dollar notes of the value of one dollar and upwards at the larger of the Treaty Ports.