PREFERRED A BIRD IN HAND. The knot wan tiod, the pair wore wed, And then the smiling to degroom sød -- Duto the pro cher, Shall pay To you the usual fire to-day,

Or would you have me wait a year And give you then a hundred clear,

If I should find the marsingo stalo

An happy as I ostiaute?

The toucher lost no time in thought, To his reply no study brought,"

There were no wrinkles on his brow; Said ho, I'll take 83 now.'.

Merchant Traveler.

THE HANKOW TEA MARKET. (NO Daily News corresponleni.) Everybody succted with the trade in the fragrant leaf in this chosen spot may vulgarly be said to have had a high old timo of it, during the past fortnight.

First and foremost among those who will imaguro up happy menarica of this high old timo are the gluating native teamen whose business to date has not only been without the worry and disappointments of previous seasons, birt has been literally as cery us falling off a log; and whose well-lled sarip is no mean evidence of the open handed charity, good feeling and gratitude of the enduring and hopeful tea buyer. Tuo

STOCKS.

Banks.

million tacts of solid sycee, earned in the short space of one and twenty days, must surely be enough to convince the densest and most incredulums Chinoman that the Chin Tea Trade, has at last really gone, where for so long and so assiduously it has been predicted through the medium of the

and columns of both the foreign prese that it would go-to pot.

Pot of this nature is a dish to which the bappy native taight, perhaps, like to help Thou will be atong those who will have no unpleasing rouembrances of 1500 the quondam tea buyer for the London markut who, daring the past winter monthe, has made the pilgrimage to the shrines of Moscow, has indulged in free libations of vodka, with his far wrapped friende, has snapped up those unconsidered trifles, those precious tos orders which appear to have been given without tint or limit, and who has filed them. His action by some may have been considered very mid summer madness: but to him it must have been a very pleassat form of madness, not withstanding. The paripatetie Obaa-zo may be said to have had his share in this high-old Lime.

On the other hand there will be those who will be unable to conjure up any plan sant recollections of the month so rapidly

Hongkong & Shanghai Bank- 18658 7,500,000 80,000 $

log Corporation

Paid-up

THE CHINA MAIL.

drawing to a close; those stil engaged in the wearying tank of whipping that dead, hotse, the London Obina Tes trade; still entertaining the delusive hope and coupied in the fails endeavour of attempting to supply an ungrateful public with the his torical Shilling Cancer

the agents of them specially built steamer which have travelled an extra 700 miles to daro it, shews also clearly enough that they too, have their claim to a not onimportaal share in this really high old time.

The matter of the quality of the crop has already been touched upon in my former That Canister will be supplied and the jottings, and nothing since has arisen to British Pubile will buy it, but it will be necessitate any modification of the opinion supplied by India and Colon. In this therein expressed. Taken all round, the connection here in the dismal foreboding of crop, expecially of the first pack tess, is ss no lens authority thau Mr Goschen in mentisliya Ran emp, that is to my that his recent Budget speech As regards to a large proportion of the toss have nothing assamo s further transfer from China to noticeably objectionable about them. This India. I osenms that 10,000,000 Ird, of and nothing more. And this negative vir China tos will be displaced by 7,000,000 batus is more apparent in team from the Hun

kow district of Indian ien, very estisfactory prospect for Tadias, and also very satisfactory in this respect that the Indian tea makes so many aut caps of tea in the propertion of 7 to 10. So that practically toh has been cheapened to the working classes, if the middleman would only gives suficient in

nonce to this great cheapness by the development of this great branch of the

tradą. Indian

The prospect then for Chins tes to Enge land is not cheering; and would be buyers for the home market may likewise be said to be having a high old time,

And ally the generous coeptance of a thirty to forty abilling rate of freight by

SHARE LIST.-QUOTATIONS.

PeaTION FEN LAST REPORT.

Of the Kiukiang teas, the Ningehows are inferior to last year padure; while, on the other hand, Bobowe have taken a step upward, and though by Do manner of means a level crop, yet possess in a marked degree the two qualities held in high esteem by American buyers, quick nets i bund and the distinctive, but in desorbabla Hohow' flavour."

of hope to favourable account sales. Again, or buying in the true sense has been our should the inferiority of the Kingshows tirely out of the question von Sunday. ultimately become more pronounced, Lon-slites no subbath day for the poor teatasters don exporters may have to pay extreme Hocannot divide the Sunday from the week prices for Keemaps for the Continental It teamon be wins they wil ist well alone, trade.

will shut the book, and devote the feta the season to 20ss plugin - tampa ka

The following figures sto

Sto worth comm- deration

Hawkey teas from the Yung low tong and Sung yang districts have received this. season what has been lost for years, is faze Pekoe flavour, but the shaormal prices of

1 30 have put them quite out of the Arrima to 2000 1200 reach of English buyers.

Tow-yuens and Vanfa are much es feet year as to quality, but not as to price and Tubal arrivals 736,900 apsin nothing, but à decline of Tie, 15 to 20 per Battlesta piel uld permit of these opeo popular to data: less being shipped to London. -

stocks are 10,000 MW

Perhaps the best valne for the home trobl do.

Present market has been found in the well made bat tarry Ly-linge, and the olcan Shantams at Tir, 8 to 12 per picul, or 040 to 3d: perk

Tho Dra

present stocks compries some of the most undesiralde Ninghows seen for many a day, and much absolute rabbish in the Dosam and Copack kinda fit only for con- signment to the all-devouring market of Shanghai.

Bat Keemung are certainly the best of the Kiangsi tens, caused, it is said, in some measure by the admixture of Tusk Bing There has been nothing in the prospect Moyine leat. And being both good and or in the quality of the tea to justify this comparatively cheap, shippers of these unprecedented tuak. Every day has been kinds may look forward with some grosrit fully occupied with the duty of collecting,

30 and 10 humta for)

341,310.47 te size at w/18 Feb. 24, 90F.

Hongkong, Saturday Noon, 31st May, 1890.

CASH QUOTATIONS. (For Time Bargains ses mein, at fort),

DTRING CURRENT WEEK.

Lotprat, Highest

Capital.

No. Value Shares Share.

Pur

Itcserea Fund.

At credit of working afe, or

DIVIDEND

Bal. Bro't fud.

Amount.

When puid.

Intrinsic talus per. share es per figures and at dute of list Repart

Annual Field to Incestors at closing price, en basis of last Dividend.

Closing

125 all 8 4,600,000 $

8209.19

$12.99

6.88 per cent, 193 % prem., 195% prom 193 prem

selles

Marine Insurances.

Union Insuranca, Boeiety of

Canton, Limited....:

2,500,000 10,000|8 China Traders' Insurance Co.,Ld. 186 2,000,000 21,000 $ North China Insurance Co., Ld. 1868 £1,000,000 6,000 £ Yangteze Inaar. Association, Ld. 1852.

1867 $

800,000 8,000 8

250:3 25,8

258 84.358

200 60 Ts,320,000.00 Tis.

100 al

($ 385,220

(2x=87 per 1 732,500 estionsted to

Oct. 11, 80 ah. for 1898 30 June 89 650,000|8

231,343.9110 per cent. Sup.sh. for

your reling 83 Sept. 10, 89 303,975,94 10p. for 1297 26.23 April 11, 90

$104.75

7.00

$100, sellers:

$52.08

7.04

$71, sellers

Ale. 297

7.94

Tie, 330, b'yera

10,617.50|

S6 per share for 1889 Mar. 12, 80

Tls. 109.48

4.87

Chinese Insurance Co., Id.,

(in liquidation)

1871

1,500,000 1,500

1,000$ 200

28,711.00

15,286,54

Canton Icsurance Office, Ld.

..

1851$

2,500,000 10,000 $

250$

50%

Straits Insurance Co. Ld.

1886 $

3,000,000 30,000$

300$

208

417,000

110,000 $

($493,203.86

estimated to

cent for 1897

(B per cent, for)71) April 8, 89

811281 alfe per

Tls. Se pollers

nominal

14 p.: for 1869, 10P-Jan. 2, 90

cent, int, div. 1838

$91.70

6.73

$122, nom

30 Sept. 89

113,000 (10% for 1888,

to

2,006,000 8,000$

2508 306

2,000,000 20,000 $ 2,000,000 20,000$

1,000,000 40,000 3

200'

1008

125 all

100$ 20$

205

200 11,875.018

1,056,0498 700,000 $ 20,000 $

81 Doc. 1868% int. div. 1889,

paid 1/10/59 303,349.20 $23 p. ab. for 1888 Fak. 25, 90 188 p.sh. to 5/ FT, 50] 244,085.6369, final div. for 83 Feb. 25, 90, 120 per cont. persent)

April 1, 89 $23.83

9.90.

820, nom.

$182.00

6.43

8367, antlers

$55,00

7.14

$64, buyers

119,8185 per cent. for 1881

for 1889 afe 1580

$20.

6,83

$18, now.

April 28, 00

$20.00

4.66

sia, nom

Feb. 28, 00

60 all

July 27, 69

$131.79 $100.16

0.40

71

64% prom..

buyers

1,000,000 80,000 9

1,200,000 60,000 £

10

20 all*8 50,000} (+)$850,000) allare $54.01

(7 per cent. dir, undi

6. ending 31/12/80)

831.02

£

1,008.11.0

[03% for yt, end-1 ing 31 Dec. 1888

June 13, 89

Dougins Steamship Co., L.

16830

1,000,000 20,000

50 al

1,760.48

China & Manila 8. 8. C., Ld.

1852's

175,000) 3,500 3

60! all

8

Steam Launch Company, Id,

18888

100,000 2,000 s

Refineries.

281,016.233

10 per cent, $9 p. nh. 55,000 $ 2,161.66 for 7 g8/12/9 Mar. 19, 90

Dr. $ 1,997.65 to 31/12/89

8% for yt, ond. Į

ting 30June 1889)

Sept. 23, 89

£10.9 4

862

10,00

25% di

buyers

7,27

355, Fellers

$57.00

7.76

$103, buyers

par nominal

China Sagar Refining Co., Ld.

18788

Luzon Sugar Refining Co., Ld.

1882s

1,500,000 15,000)$ 700,000 7,000!$

100 a

100 all

Dr. $

11,873.95 $5 per share for '99 Mac, 7, 90--

143.22 $3 per share for '89 Mar. 1, 90)

$100.79

$102.73

Lands and Trusts.

Agency Company, Ld....

10.$ 50$ 1,250,000 $

7% per ann, for) i 601.0468. to 31/12/69Jan. 24, 00-

$74.01

Kowloon. Land and Building

1889$

300,000 6,000ns 90,870 £ 1,000,000

11,200 £

30

1,037.15)

(~$2,93 for sli.)

to 31/12/60

18378

125,000 1,200$

100 n

10 all

5

all

Fire Insarazcos. Hongkong Fira Lneur. Co., L. 1863$ China Fire Insurance Co., Ld. 1970s Straits Firs Irearance Co., Ld. 1888$ Fire and Marino Insurances, Bingapore Insurance Co., Ld...18818

Docks and Wharves. H'kong & Whampon Hosk Co, Ld. 1803 $ Hongkong & Kowloon Wharf 18868

Gadowa Co., Limited Shipping

S

Hongkong, Canton & Maçao)

Staum-boat Co., Limited 15688 Indo-China Steam Navigation 1892

Co., Limited ******

1,562,500 12,6008 1,000, 30% 20,000 $TM

1st isanej

Hongkong Land Investment & 18898 4,000,000 50,000 $

mastan Mining Ca, Ld.

18346

Company. Id. Trust & Loan Co. of China &c.,-1888£

Tramways.

Hongkong High-Level Tram-)

ways Company, Limited

Mining (c)TheDalmoralGold Wing Co L3 1859 (Jelaba Micing & Trad. Co., Ld. 1630$ (d) Belama Tin Mining Com 1869

pany, Limited,

Ponjom Sunghie Dua Sa-

150,000 15,00 225,000 45,000l $575.000 11500 18 123,000 26,VLO

600,000 60,000 $

Société Francaise des Char-1888 Fos,4,000,000 8,000 Fes.

bonnages du Tonkin

(0) Imuris Mines, Limited

Planting, &e.

East Borneo Planting Co., Ld. 112888 (a)Songei Kayah Planting Co., Ld. 1888 China-Bornes Company, Limited 1688 (a) Labak Planting Co., Limited 1689

Barvel Bay Trading Co., Ld. 18898 H. G. Brown & Co., Limited 1880 (2) The Lomag Planting Co., Ld. 1889 g

(a)

Hotels, Building, &c. Hongkong Hotel Co., Limited..1868$ Austin Arms Hotel & Building 1998

Company, Limited

Peak Hotel & Trading Co., Ed. 1889 West Point Building Co., Ld...1689 Shomeen Hotel & Land Co., Ld. 18899 Richmond Terrace, Batato and

Building Company, Ld.

Dispensaries.

508 30

10 £ 1.13 £50,000

$131.68

BUTELIE

1.

Dr

4 per cent. int. div. Feb, 20, 90

200,240.9131% for Fr.end-} at $1/19/8eting31 Dea. 1888)

jsp. c. form. Fading 29,968.0231/17/69

24. cent. int. div.ou 2,755.25old Cap of $1,700,000

{for 6. end. 10/8/80,

29,440.92 Feb. 1, 80

214.55

$178042,73

415,80

$78,347.73

to 809 8

DEAL9.88

to 0759

[06. 54,077 21 to see89).

1111

8.28 on old up. $76, buyers

6.76 per seat. $36), buyore (837)

ipar, rom.

8189, buyers8178-

F

870, buyers

$69, buyers

890

818, sales

812), sales £76, sales

par nominal-

$100, Buyers

8138 $4, sellers $34, Bellers

$13

813

85, nom.

881, antlers

8350, sales.

$5, seliere

$15, buyers 815, buyers

$18, sales

$40, sellere

10 atl

31 ex.

500-3.80 por

1880 £

176,000 175000) £

15,

64.33

200,000 4,0008 250,000 5,0008 750,000 7,500$ 250,000 6,000$ 100,000 4,0ES 500,000 6,000 $ 300,000 6,000's

Go all

508

101

1008

50€ 25 23 $

50

Dr. 402,497.29 to 30/40]

60 all

1,398. 107% for 1889

April 1, 90

$50,33

7.44

cos

nominal. Inominal. 1847, now, nominal,

300,000 3,000$

200,000 4,000$

100 all

7,452.03

49% for 6m. end Mar. 4, 90

ing 01/12/89. 3

$101.16

2.80

$200, nont

50$ 23

25% dis, nom.

200,000 4,000 $

025,000 12,500 8

100,000 2,000 3

408 20 50$ 208

to / per cent per aua.

446.69

oot,

For Da, to 31/13/90an. 24, 90,

$39.81

6 50

$8, nom.

18698

100,000 1,000 $

100 all

IS

14 per cent. for 1850 on May 25,00 5,909.18d xpital of $33,000

$106.00

7.00

$200, now.

$140,000

A, S. Watson & Co., Limited.

Cruickshank & Co Limited.

Lighting.

11886 $

1886 $

500,000 50,000$

60,000 1,600 $

14

a}!

*15,000

1,113.88L4 % for 1889

+10,000

50 all

ƒ 5% for 6m. end. į ing 31/8/80

May 13, 90

Ool. 1,89

$12.85

6.66

$21; buyers

par nominal

11.11

£0,000 3,300 C

- 20,000) 1,000j£: 300,000 $30,000 $

£11.18,10 -£9:10

6,29

108

150,000 6,000 $

1,000,8

150,000 6,000 3

258

20

11890

100,000 4,000$

20$17.50

Gels Goj

$77,814.49

for yt, end, 81/196

(10 per cent. for year)

-sant-bones for do. -

ali $ 10,843.7.7£ 1,711.19.11|| ng 11/168,2 per pr. 17, 89 -10j2-7.10|

285.81 10 % for 1889

Feb, 24, 00 1,382,02 înt.div. of§1p, sh, for bm. July 31, 89.

40,000 $

15,000/8

7,898.76-34 per share

23 per cent for 1689) Feb, 17, 90 $ for year end- 505.16 ·ing B1/12-89 -

113 ver nerbanga, pa

ibam be 1880

$5,025.05

for year to 30/11,83

Dr. $144.77 13% for 1880

733.92

Hongkong & China fold issue

Gas Co., Limited I now r Hongkong Electric Co., Limited 1889$

Iron Foundries.

Gos. Fenwick & Co., Limited.. 1889

A. G. Gordon & Co, Limited, 18595

Brick and Cement.

Hongkong Brisk and Coment

Company, Limited.

Groen fuland Cement Company 1889

Limited,...

Miscellaneous, Hongkong Joe Co., Limited...1881$ H'kong & China Bakery Co., Ld. 1872$ HE. Rope Marofnotors Co., Ld.1883 Dairy Farm Co., Limited...(8865 Campbell Moore & Co., Limited 1880s Marinbark Forattura Co., Ld.. | |1890 5

1,000,000 20,000 8

125,000 6,000 $ 23 ] $

30,000 600,850 sil 160,000 3,000 $ 50 all. 100,000 10,000 8

10 all 12,000 1,200ks 10 all 75,000 3,0008

258

Loans to Imperial Chinese Government.

Chinese Imperial Gert Silver Loan 1884 Chicero Iciperial Govt. Silver Loan 1884 0 Chiness Imperial Govt. 7 per Cent,

Silver Lown 1886 E Debentures. Hongkong Hotel Co. Mortgage Debentures 1880-

Time Bargains during Ourrent Week–Banks, 100% prom, July. Steamboats, 138, August,

Memo. of Meetings, Panjom Co-Half-yearly Meeting, 10inst Laag Planting Co-Extraordinary General Meeting, 10th Inst, Calls-Borneo Hotel & Stores Co-810, 16th prox. Bongel Koyal, -85, 71k inaf.

(*) Equalisation of Dividend Fund.

par

$21.88:

momital.

$150, nom

186, nom.

par, som,

par, som

EIFER, 1 1.

1.

TET

WICER

$15, 10m,

851, 0.

835.78

6.12

898, sellers

Mar, 14, 90

$50.83

5.88

875, nom.

Feb. 22, 90

May 16, 90

864.24 $5,00

par

5.40

18110, com,

812, new

810

non.

neminel

Agents for the Loan.

Hongkong Shangbat Banking Corporation

· Amount of Lean.

Par Value of Bonds.

Rate of Interest:

When Fayable.

Zalzmdled Anmead Field la Invertoys at

current price.

Closing

Quotations

Do

Do.

$1,694,700,14 H'kvog Currency. 9500 'kong Currency Sperantan 80 Juneach year antil:1890 81,894,700.14 H'kong Currency. $500 B'kong Currency. 18,,„

Bhanghai Tix. 787,200.

1100,000 $400,000. | 162,000

Shanghai Tools 250.

6500

3% prom.

Apr.

16 Oct.

1892 Stat March and 30th Sept. esch year until 31 Meh. 190917 Half yearly, on 19th April

and 1916 October..

Hongkong Dollars 6.70 per cent. Hongkong Dollars 5.40 per cent Shanghai Taeli 4.30 per cent.

Six per cent.

$600

(†) Depreciation and Insurados Fund. (1) Founder's Sharee." (a) East Borno0.

(3) Philippines,

(e) Sydney, N.S.W. (d) Straits,

Mexico,

-5000 X'king-tona, si 277,000 against.

Total

The parchaeon since the commencement of the season comprise :—

chents.

chests.

At Th: 40 * 172,000 againat 54,000 in 1889

upwards,

Tls. 30 a 40 120,000

23 a 30.63,00

24 a 27.04,000)

20 & 23.. 80,000

12 a 20 90,000

. 11 & under 13,000

la round

numbere

16,000 100,000

12,000

£51,000 ag'at 410,000 in 1889.

Despite the apparently indiscriminato par- chasing and the bigli tato of oxchange, the

No. 8547-JUNE 7, 1890,

Intimations.

THE HONGKONG LAND INVESTMENT AND AGENCY COMPANY LIMITED

SUBSCRIBED CAPITAL, PAID UP CAPTIAL, AN RESERVE FUNDjternate

HON,

Board of Directors I JAKESWLIOK

00,000

2000 3000

BA CHAKAMmeging Hon. O. P CHATER, Enrectors,

VIOL CHATHAMAN

LEE KING B

S C. MICHAELSEN, EQ

8: MOSES, Equa

GE NOBLE,

FOOR PONG, E

D. P. BASSOON: DIL

EN Bankers

THE HONGKONG AND BEANGHAI BANKING CORPORATION:

Mo

TONRY: ADVATO on MORTGAGE, Lou LAND or BUILDINGS::

PROPERTIES A PURCHASED AND SOLD

Estates managed, and all kinds of Agency. and Commission Business relating to Land, ., conducted,

A SHELTON HOOPER.

Becretary

Coas of tea this year hum, with its exception Full Particulara can be obtained at the of Towynous and Osafar, bien favourable | Company's Oryxor, No. 5, Queen's, Road to the shipper as corapared with last season. Centra

Freight 30% Exch: 16. Freight 60- Ext. 65.

equal to TT Ningolov. 18. 50, 101 a 206 ngut. 16 a 62. - 11§ 42/0 Keerut 1932, 10 & 1632 885,1/11/C# Holow

10. a 22, 10, 4 Ti:

Oanfa18 29 15 18 424 06 Consbas Shunters...

Freights, is anticipated, havo declined considerably. There is all the differents' between the saking rate of 70%, which was out of the way, and the actual rate al 30/ which

very much out of the way from the steamship owner's point of view; and it je not improbable that the rough treatment the steamers have this year experienced may result next seasoli in shippers to Eng- land having the extra trouble of tranship ment at Shanghai.

Hankow, 27th May,

MOTHER

Vitoria Buildings,

Hongkong, 3rd May, 1889,

NOTICE

HONGKONG AND WHAMPOA DOCK COMPANY, LIMITKO,

HIPMASTERS and ENGINEERS

respectfully informed that if upen their arrival in the Harbour, KONK the Company's FOREMEN should be at hand, Order for REPAIRS it wont to the HEAD OFFICE, No: 14 Trays Central, will receive prompt attention

In the Event of Complaints being found necessary, Cominumication with the Under..... signed is requested, when immediate rieza will be taken to rentify the cause of dig satisfaction.

D. GILLIES,

SEIGEL'Songkong, Auerst 25, 1885,

OPERATING PILLS.

Secretary,

WINDSOR HOUSE,

HONGKONG,

No. 8. Quban 8 Roán CentrJE,

1456

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LIVER, &c.,

ND

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TABLE D'HOTE Breaker, 8.3) Am

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Sugo Meals, at reasonable rates."

ARRANGEMENTS DAN DE MÅDE TO SERVE

MEALS IN GENTLEMAN'S QUANTERS A Continental LANGUAGES SPOKEN,

Mas BOHM, Propriciria Hongkong, August 30, 1889.

DENTISTRY

1088

FIRST CLASS WORKMANSHIP. MODEBATE FERN

MB WONG TAI FONG. Surgeon Donital,

ARRIVED APPRENTICE AND L

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it ASETANT TO DR. Roosss)

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And American patients and friends, han TAKEN THE OFFICE JOEY OD

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18

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behind Hongkong Chun.

CONSULTA MON TREL. Hongkong, January 18, 1990.

SAILOR'S HOMESTE

store the appetite, and with bring NY

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Hongk

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NOTIOR.

COMPAGNIE DES MESSAGERIES SMARENMESE PAQUEBOTS POSIK FRANCATE

SAIGON

COLL

FOR APORE BATAVIA

MEDIT BLACK BEA

EUXZ

AND ALEXANDRIA

PORTS

OF BRAZIL AN

LONDON HAVRE AND BORDEAUX

A. J. WHITE, LIMITED (0) Nonny the Company

LONDON, ENG.

Intimations.

CHAS, J. GAUPP & Co., Chronometer, Watch & Clock Makers,

-Jewellers, Gold & Silverantis YAUTIAL, 801ENTIFIO AND METEOROLOGICAL

INSTRUMENTA

DAVA OUTLANDER 4: DRINK LA FED

RINOCULARS AND TELESCOPES Barcar's "Laigulin, ann.

ADMIRALTY & IMRAY CH

SALONAUTICAL BOOKS.

English FILTER & ELECTRO Christada de Chee Blaosko GOLD & SILTER.

TEAQUIDDY

with MALLS, PASS

FOARGO

OFES ɖ YOUNG,

Talogisphis Address 135 Kostanusa," Hongking

DIAMOND JEWELLERY.

“A Splendid Collection of the Lavak Zorson

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