August 1, 1895.]
TIENTSIN.
[From Our CORRESPONDENT.]
CHINA OVERLAND TRADE REPORT.
The British Minister is trying to get the Chinese authorities (1) to summon Liu, the ex. Viooroy of Szechueu, to Peking; (2) to levy the large fine necessary to pay the indemnity on the various prefectural cities where the outbreaks took place.
11th July. Li is still here, supposed to be awaiting the return of Mr. Hiyashi from Peking to begin the negotiation of the new Commercial and other! There is a report here that Shong Taotai is treaties. In the capital the Szechuan anti-in trouble in Peking, but we have heard this missionary riots hare quite monopolized all so often during the last year that an attitude of attention for the last three weeks. Sir Nicholas suspiciou is necessary. The belief daily gains O'Conor has been indefatigable in his efforts to ground that Li Hung-chang will return to power bring to the Chinese official mind a sonse of the and will remain at his old post as Viceroy of enormity of these outrages and of their serious the Metropolitan Province. bearing on the future of China. Everybody here knows that the ineptitude of our policy is due to Downing Street and not to the Minister. If Exeter Hall and the missionary societies at home will work the agitation crank and bring the pressure of a militant evangelicism to bear on The Ministry at home something may be done. As it is, Downing Street simply wires and re- wires to keep things quiet.
The China Merchants' fleet is returning to its old flag and administration. Some eight or ten of the best ships are now as they were." Much satisfaction is felt among the local shippers at this; when the companies are not pooled the Chinamen have often proved more amenable to reason than their rivals.
The rains have at last come, and just in time to interfere with the comfort of gigantic swarms of locusts which appeared two days ago, and are already doing vast damage to the young crops.
MISCELLANEOUS.
Three Europeans died of cholera at Bangkok on the 19th July. They were Antonio Zuliani, of Trieste, an Austrian subject, William Hall third engineer of the P. C. C. Klao, and Lars Hansen, a Norwegian sailor.
The Advertiser learns that the Britith steamer Messrs. Butterfield and Swire are responsible | Gilsland, which arrived in Yokohama from for the last new trade departure. They are London on the 7th just.. has been sold by the erecting an enormous godown to the rear of the agents, Messrs. Sale & Co., to an Osaka firm of settlement with a view of taking up the agency | -hipowners. The Gilsland was to leave for of the Standard Oil Company and fighting the Kobe, and after discharging the remainder of Russian eil to the death. The latter is under her inward cargo was to be duly transferred at the agis of the Princely louse.
that port.
An explosion occurred in the engine room of the captured Chinese warship Kwang-ping or her trial trip near the Kiusbiu coast on the 1st instant. Five persons were killed and two others were seriously injured. The accident was caused, it is believed, by an admixture of ex- plosives in the coal by the Chinese when they abandoned the ship.
On the 13th instaut an exhaustive trial took
The "guards" have nearly all left the Lega- tions in Peking. Sir Nicholas O'Conor has still, however, a dozen marines on the premises. A French guard is still here. The queer vagaries of one of its officers almost seriously disturbed the old-time friendly relations between French and American offloers. The Monocacy after a ten months' tie-up at our bund left us this morning to make up her deferred target practices. Every body. hopes she will promptly return, as both officers and place at the Kiangnan Arsenal of several kinds crew are greatly appreciated in Tientsin. The of smokeless powder, made at Lungwha under ship's company celebrated the Glorious Fourth the superintendence of Deputy Yang, who is of July with the most amiable display of spread-now in charge of the Smokeless Powder Works eagle-ism ever seen in the port. The fun was there. The trial, which took place in the pre- amphibious and included boat races, banquets, the hippodrome, sports. punch, music, and fire works, all accompanied by boundless good temper and sobriety. The Swift and Chokae (Japanese) are still with us,
There has been a new departure in Railway Administration. Mr. Wu Jun Pau, the Hong kong and Shanghai Bank compradore, is now a director and has taken advantage of a short spoll of power to place. the accounts and ad- ministration in European hands. The results are amazing: dozens of useless wei-yuans dia. missed, incompetency put to flight, and the expenses of maintenance reduced to one third, with greater efficiency all round. The Hoad Office professes incredulity and wonders how it has all happened. This is the first time in the history of the line that the foreigners have had real power.
COMMERCIAL.
TEA.
89
CANTON, 30th July-Macao Congous.-Settle- ment during the past fortnight only amount to 2,000 boxes at Tis. 101-19 per picul, showing an easy market. Supplies have been very limited, the stocks barely amounting to 2,000 boxes. Scented Capers. Transactions are reported at 15,000 boxes at Tls. 81-28 per picul, making a total of 138,000 boxes for the season against 98,000 boxes up to the same time last year. Of these settle- ments more than half have gone to one buyer at prices much on a par with those ruling a fort- night ago. The market closes weak, yet natives show no anxiety to sell, their stocks not being large. It is generally thought that the export for the season will not be less than that of last year. Scented Orange Pekoes.-No fresh settle- ments are reported.
SHANGHAI, 26th July.-(From Messre. Welch, Lewis & Co.'s circular). The news from the con- suming markets is not encouraging, London sales of Black Tea being of a retail character, and New York showing no signs of improvement. No news
Black Tea.- has been received from Russia. There is no change to report in this market. Tea- men are not willing to accept buyers' offers, and the settlements reported are consequently small. The stock consists almost entirely of medium second crop Teas, and there is a marked absence of Teas for price, but as the chief demand for common Teas in Hankow is nearly satisfied we may expect larger supplies here shortly.
Settlements reported are:-: Ningchow...1,794 1-chts. at Tls. 19 to 234 a picul. Keemnun
25 to 26 Hohow ......1,258
14.9 to 201 Wenchow... 308 Oonam ,2,264 Oopack..... 651
780
J
"
"
22
27
#
164 to 204,
"
"
13.6 to 18ยป
15
$3
JJ
Total...7,055 1-chests. Stock.-17,037 half-chests, against 23,800 half- chests at same date last year.
Green Teas. Considerable quantities of Mo- yunes are detained in the Poyang Lake by contrary winds, and will remain there until the wind changes. This detention is of frequent occurrence with both Black and Green Teas, but mandarin snce of Lin Taotai and under the supervision obstructiveness prohibits the use of steam tugs, of Mr. N. E, Cornish, of the Arsenal's Ordnance and native merchants do not yet dare to insist on Department, was, the N. C. Daily News says, in this obstruction being removed, though they have every respect satisfactory, the powders comparapent a fair amount of money in trying to effect ing favourably with those imported from Europe. a change. Choice Teas are wanted here and will Liu Tantai, who is the originator of the scheme, meet with a good demand. Pingsueys.-There is to be congratulated, also the Deputy Yaug, to whose energy and intelligence, we are informed, the success is solely due. The plant for making the powder was ordered through Messrs. Buch- heister & Co. from Germany.
has been a fair business passing at last mail's rates. The market closes steady. Local Packed Tans.-The quality has fallen off quite equal to the reduction in price; the demand seems slacken- ing. Country Tea.-Supplies have been to a great The Osaka Asahi says that the most im.extent from the Tienkai districts, and the chief portant line of steam navigation from Japan is business has been in medium qualities at Tls. 24) the Bombay line, because of its direct bearing prices. The Teas show no special points and are to 27 a picul, or say about last season's opening upon the spinning industry of this country only fair average quality, moke particularly in The P. & O. Company, it goes on to say, has water. Many sales are half a taet to one tael under lately taken an effective step by reducing offers once refused, and Teamen are becoming the freight between Bombay aud Shanghai to more willing sellers of this class. For some years au almost-uominal sum. The Mill-owners' Union these Teas were brought to market to be sold for The season has been exceptionally cool. We has, it seems, been investigating the matter Tls. 19 to 20 a picul; so present rates must be are now in the second week of July and closely, and collecting evidence touching the satisfactory to growers. Nearly every chop so far have bad 11 ) raiu for five or six weeks. competition that is being carried on; the out-is larger than the corresponding chops of last The river is unprecedently low for the season, but come of this enquiry is expected to be a new season, and a considerable increase on last year's is quite navigable. So dry and cool a July has and comprehenive scheme directed against the crop may be expected. Finest and choice Teas foreign company. The Asahi puts this still more are wanted, and from the few sales reported they Mr. James Keswick has returned from Pe-definitely; it is expected, it says, that a proposal promise to rule high in price. Fychows are de- king, and is now en passant.
servedly neglected, as most of them are wretchedly poor both in leaf and liquor, and the trade would be better without them.
never been known.
13th July.
Count Cassini is here en passant for Chefoo, where he will go to recuperate. His Excellency, it will be remembered; was at Chefoo last year en route for home ou sick leave when the war broke out and constrained his prompt return to
Peking.
intonded to crush down the foreign competition altogether and to ensure a continuance of the service permanently by the N.Y K. will be made by the Union.-Hyogo News.
Settlements reported since 12th instant:-
-chts.
a picul. .24,660 at Tls. 15.00 to 34.00 26.00 to 36.50
2,150 6,650
21.00 to 38.00
*
3,782
17.25 to 24.00
1,834
17.50 to 20.00
"
Total.. .39,076
Local Packed
Total settlements from opening of the market
-Mr. Sakaki, man- The Kobe Chronicle says:- ager of the head office of the Nippon Yusen Pingsuey Kaisha, has just returned to Japan from For Moyune mosa, where he has been making an investigation | Tienkai The great loan question is settled after all to with reference to an extension of the company's Fychows Russia's satisfaction. It is believed in the operations to the island. In an interview with a other legations in Peking that China has agreed representative of the Kobe Yushin Nippo he said to borrow no more money in other quarters that he had visited Taipeh, Kelung, and Tamsui, during a period of six mouthis. This if true but not the southern portion of the island. The portends that Russia will make another bid Governor-General of Formosa had asked the to date:- then. The quid pro quo is not yet apparent. Nippon Yusen Kaisha to put four steamers on Pingsuey ......75,235 -chts. against 64,800 1-chts.
A dastardly attack on the Rev. Dr. Sheffield, the Japan-Formosa line, in order that a weekly Moyune The vessels Tienkai of Tungchow, this week is in no way connected service both ways should be kept up. with anti-foreign feeling; a passisnate workman will run between Yohohama, Kobe, Bakan, Naga- Fychow did it to gratify his spite at the reverend saki, and Formosa, and it is expected that at first gentleman's successful interference in a private Kelung will be the port in Formosal to which the qaarrel. Dr. Sheffield lies in a critical position; Japanese steamers will proceed. Mr. Sakaki has and his dep sitions have been taken. The crim-a high opinion of Kelung, and believes that it inal is in custody.
will become a very prosperous port in time,
2,256
11,211 **
6,650
**
6,387
>>
5,660 5,649
11
5,560
92,880
Local Packed... 9,151
Total ..99,679 Total arrivals to date are:-128,801 -chests against 137,500 4-chests to same date last season.