SUPREME COURT.
Wednesday, February 7th. IN PROBATE JURISDICTION, BEFORE BILL FRANCIS PIGGOTT (ÜKIBF
THE HONGKONG DAILY PRESS, THURSDAY, FEBRUARY 8TMn, 1946.
must be for the defendants. He thought a very important point for his Lordship's con. teration way as to whether a maritimo lien was created, because, no doubt if it was it would attach to the ship at the very moment the necessaries had been supplied. There was no doubt that a maritime fien did attach thara and then at the immediatement circumstances arts which created it. There was r. great In the matter of Cheung Kan-sin and distinction betwein a maritime lion and the
JUSTICE),
A JEDGMENT WITHDRAWN.
Cheung Chi-fat,
was struck eat.
Mr. Blade-Which, I think, has the supe effect.
TEs Lordship-No. The next stop is that. the defendant malus a farther application for the cause to be sol down again and he is not ontitled to judgment till the second hearing It is very complicated, and the Registrar not remember in casa of the kind occurring here before. The case is, therefore, struck cat of the causalist. In wovon days the defendant will make a second application. This will ke get down: then he will be entitled to judgment on the second hearing.
right to bring an action in rem. À maritimo Tim operated there and then as a mortgage or olgu o an instrument, white in the case of u action is you an right existed whaterar until ship had been arrested in no action, Thero could be no doubt that a maritima lion did not exist in the case of the material in, wil there
HOW T
beau
in tho
case of
handed to the man from whom they recaired instructions. That was the only paint at isane, and in support of his case Mr. Dixon said he would produce the book of the plaintiff firm ontaining a receipt for the porsimmokk.
Ilo Sing-kui, managing partner of the plaintif firm, said that on February 15th, 100%, ho sont a foki with the 49 crates of persimmons to the Kung Wo to sell on moralssion. On a subsequent date to hoard that the fruit had been sold, and applied for the balance due after the defendant firm had deducted their commission, but did not receirs the amount,
THE 28, 4D. DOLLAR.
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Under the beadings, Jovernment tries to buy £100,000 at Saturday's Rate and then fowers the Dollar." "An extraordinary tourdo fusuce," the Strait Times of Jan. 30th says:Exchange was fixed yesterday at two shillings and four
the dollar. pouce sterling for
We stated yesterday that in measures in respect of the fixity of exchange would be considered or debated. This statement was
was mado on the assitrance of Lemon. the Acting Clerk of Mr. A. H. Council, to whom our reporter was sent to orify or deny the articls in our morning con- temporary, stating that the fixity of exchange was to be a subjšet në the special mosting of Cross-examined-Witness bought the poraim Conseil convened for yesterday afternamn.
Mr. Lemon spoke officially, and while he mon at anction. Le Ho-ohan was not a
spoke.
Government was tendering to buy firm when the goods£10,500 at the then ruling rate of exchange, wers bought, neither was be whom they wore which was five-eights pun higher than salonman in his
the rate at which it was decided to fix the follar GUICHARD POTHERET & FILS.
delivered to the defendants.
It may be offered in detenuation of such ant aot that Government throw out this offer us
feeler."
For the defence Mr. Bruttoa said that then the afternoon. persimmons were taken is the defendant lim for sale by Lo Ho-ohmen, who received $60 advares on them, and on two absoquent- vecasions ho received further advances, the amount received totalling $149.82.
That £200,000 is still on the market.
It Further evidenco was heard and the case adjonraod,
would be possible to say a lot of things in the promises; but it seems that the foregoing simple statement of facts is amply sufficient.
Ilis Lordship at that in this case judgment was giren for default of appearance about a week ago. The Registrar had since pointed out to bin that the procedura traced out in the cydo "did not warraut judgment being given. therefore, that judgment ushbu withdrawn, and an order made for a further houring. This seemed to be a rule sory rarely applied, there necossary supplier: The Heurique Bjong enzo, fore, at pont judgmeal work simply be quoted by Mr. Shude, was very useful in cancelled, and the entry would be that the cassowing that the muatorial man had not a lien
We bare consulted bankers and-brokera, and. on a ship, and that in consequence of a part owner having sol? his interest in a ship, the
the encensus of their opinion is thay £100,000 is rather large sum for a mers ** feelor." claim of the materiai man was defeated. Lord
Mess Fraser & Co-than whom there is Chu Shu-jak, a salesraan in the plaintiff no more reliable firm in the Straits-were the Watson showed most clearly the comparatively wosk potion occupied by the material man, dem, said he received the pereimmons in ques- į brokers.
The scheme, whatever may have been its who could not succoed with an aution in remtion from one, Lo Ho-chuon. He had not
eell unless at the time of its institution the rea was previously received goods from a Ilo-chwenoot, fell through because the bankors refused the property of the debtor. As a matter of to wall. fast the pretres, this Paul Boca, never was the property of Trevour and Co., whose agont His Lordship should bes, ethered the coal
mjud
docu- That from one of the monts put in it appeared thai in November, 1907 previons documents with referonce to the working of the ship between the Com- pagnia and Trevoir were absolutely cater Ite end that isnction was not instiintel, and the fin Bra was not arrested, until a subsequent date.
The submitted that at the time the action was instituted Trevour, the debtor, had not merely get un rights as owase of the Pani Bean but no rights at all, as any previous oxisting Mr. M. W. Slole, instructed by Mr. C. D. Wilkinson (of Mesure. Wilkinson and Grist, continel rights had by mutual consent been appeared for the plaintiff, and Mr. H. ended. If the person by whom or on whose bonif the liabilities to buy necessaries were Pollock, K.C., instructed by Mr. M. J. D.
being created was not at the time the action was Stephons, represented the defendauta.
in tilated the owner of the ship, there was no His Lordship proviously adjourned the case. in order that two points night to more fully remedy against the res. ifs submitted that the whole questica rested or the qaration as to
PAUL BEAU.“
IN ADMIRALTY JURISICTION.
BAM HING P. 88. The case was continued in which the Bam Hing firm, seslerchants, of 2Hand 30,Pottinger Strost, ned s 8.3. Pani Bean to recover the sum of 85,390,60 due for ocal supplied on the credit of the said steamship.
argued,
!
POLICE COURT. Wednesday, February 7th. BEFORE M. F. A. HAZRLAND (FIRST POLICE MAGISTRATE)
A PRISONER RELEASED.
Some days ago we reported that a Chines toy had been sent to prison for two months for stealing a diamond ring volued at $200 which he pawned for 370.
Mr. M. W. Slade now appeared on his behalf. and asked for his reisse. He stated that was only 18 years of age. the defendant
he came of good family and imprisonment manut ruination of his future prospects. His parents would undertake that he should be flogged and sent away from the Colony if he His Worship said he was adverse to sending were allowed out of prison. boys to prisau und would have ordered the him nay sentence, but for the fact that he was would, however, order his release from gal or the ago allowed by the Ordinance. He on the understanding that the parents would. administer chastisement and on the defendaat entering into a personal bond for his good
The same paper gives the following report of the Legislative Council weeting on January avtb:-
CURRENCY NOTE ORDINANCE.
Ths Cokminl Treasurer,mored the first reading of an Ordinance further to amend the Currency Note Ordinance, 1890, which was in the following terms:-
JUST LANDED,
SPARKLING RED BURGUNDY.
PER CASE 12 BOTTLES
FR
24 BOTTLES
SOLE AGENTS:
$32.00
$34.00
H. PRICE & CO.,
WINE MERCHANTS,
The ex
The Government has been regused by many of andnly delaying the completion of their now admit schome. I think everyone will that they bare heen wise to wait. porioare of the Philippines Govoromont has It is hereby suncted by the Governor of the taught us the danger of having too low a Straits Settlements with the advics and consent deler and although a low dollar would have of the Legislative Council ther of as follows:- been more acceptable all round and would have 1. This Ordinance may be cited as "The brought less hardship to the majority of the community, has been found impossible, Currency Note Ordinando 1899 Amendment Ordinance 1906" and shall be read and ecpatrned considering the upward coures of silver, to have 18 ore with "The Currency Note Ordinance a too arrow margin of safety. The Govern. 1999 (hereinafter called "the principalment had decided to take the action contem-
Anditor-General svounded. Ordinanes") Auy copy of the principal plated under this Bill. Ordinanco printed after the commencoment" of this Ordinance shall be printed with the amondments and additions required by this Ordinance.
2.
Section 70 of the principal Ordinance as ended by "The Currency Nets Ordinance 9 Amulent Ordinaceo 1905" is repealed aid the following section is inserted in place
Mr. Blade said that with regard to the first whether there was property in the debtor at the defonlaut to be whippel instead of giving thereof:- question date whether or not the Admirallyms of the institution of the action, and they Act of 1861 in any way affected the decision cloned that there was not vesture of of the Henrique Bjong, be submitted that it property in Trevour at that time. did not. The decision in that case was given alsa contenced that tha question of agency came under a section of the Admiralty Court Act in. Thero suo as liability on the part of the
Thay
ree to be arrested unless the person whe cribrod the goods was the ageut for the owner of the abip
position, subalitating for maritiua lien," the right to bring an action in rem.
Mr. Polhck-What is so Tha whole of my learned friend's argument is that they don't care about the owners or chartorers, the gooda wern supplied to the ship and she is liable.
of 1840, which dealt with necessaries, and the effect of that decision was merely to bring into line the decision as to the effect of the two
Hi Lordship-Mr. Slade contends that the sectices in the two Acts of 1940 and 1981, because, shortly after the passing of the second right which may be enforced by an action in Act, it had been devided that that section gave rem can be enforced against the ship irrespec- no maritime lisa, and the effect of the lentive of the charter. You maintain that pro- rique. Bjery oase was merely to correct at orronecas impression which had en acted upon, The comparative words of the two sections of tho two Acts were almost the same that the court should have jurisdiction. The effoot of the two decisions was merely to decide, sening they weze worded almost precisely the same, whether the sections would have the sano effect se far as a rouritima lion was concerned. The second Act of 1861 appeared to have been passed he- cause it had been doubled under the carter Act that no action in fra co uld be taken against a British colonial ship. It was held in the working of this Act that "foreign" meant strictly foreign, not British; hoc, as so often happens to our laws, foroigu means not English, To remedy that the second Act was passed; this did not in any way conflict with the other, The construction but extended its operations. polupen the second Act by the Privy Council in the cuss of the two lons, Law Reports, P.C.. Was that this Art, for reasons therein stated conferred no maritime lien at all.
Ho refurred
to that decision because the previons section of the Admiralty Court Aet 1861 was also don't with therein. Section 3 gave jurisdiction for any ship: Section & was confined to any ships, British ar foreign, whose owners were not domiciled in England or Wales.
With regard to bis Lordship's second question
as to whether such a lieu could oxist in the ense
¦
Mr. Slade zuid the reason why it was so difficult to find authority on the subject of necessarios ordered by agents other than masters of vessels, was that as a rule the agent of a vone in a foreign part was provided with funds, purchased the necessaries from the material ruan, provided the ship and then locked to the owners. Such was the ordinary course of business, so that in consequence of ilut, cares where rights of persons against a shig other than the tenster had comparatively oldom arien. Their right-the right of the material ns-Brose because the mossarica were ordered from him by a person deriving his authority frota the owne directly pr indirectly. What happened in this case was that the owners put Trevonz into some sort of position with regard to the ship, therefore, her was thy person having management, and hin
authority was darived from the ornor.
His Lordship-Do you say the charter has any salhoity, direct or indirect, from the Owner!
Mr. Sale Ho is put in possession of the
for the text six months.
The defondant was accordingly released.
TRAINING NOTES.
The times taken yesterday morning were as ender:
Saxoniam., 34, 1.66 9-4. Wakolyn (o), Im., 37,115, 148, 2.21 4-5. Acmite and Melinte (1.), 1, 1.39. Common Rose (of 1st, 38, 1.16, 1.54 2-5, 2.97
Freedacks (p.), Im. 56141, 146, 221. Baugai and Highland star lo.), 1, 36, 1.70, 1.45 3.5, 2.23. Star half a length behind.
Highland Laird, im, joined by Bighinna man Laird's time, ?, 35, 1.0, 1.45, 2.90, 2,54 2-5. Add the first quarter 38 2-5 (reported); total, 3.32 4.5.
Heather King (a.), m., 35 4-5, 1.10, 1.40 1-5.
Syces King (o.), m., 38, 1.13, 147, 2.19 4-5. Exchange King (o.), I., 37 4-5, 1.15 3-6, Maori King, I, joined by Gipsy King, m., 1.49 2-4, 2-91. 2, 85, 1.11, 1.13 4.3.
Geld King, 1m, joined by Erl King, fo), 36 1-5, 1.12 4-5, 1.56 4-5, 2.94, 2.57 2.5.
Fortune Rose and Bash Rose (.), 1m., reported 11.
Tancake (i), la, f, 332-8, 1.08, 1.41 9-5 Norman King (u.), 1m., 28, 1.15 3-5, 1.54, 2,31, 3.03 3-5.
Coronet Rage (1) lịm., 7, 37, 1.12, 1.46 3-3 2.29, 2.53.
Sunris Ross, 2m. (0.1, 493-5, 1.203-5, 155 3.5. 2.:28 3-5, 3.43 3.5, 3.19 3-5, 4.15 3-5, 4.51 2.5. Spotted Rose (o) and Himalaya Rose, 1m, 36, 107, 1.43, 2.16.2-5, 2.5, 3.29. Himalaya about 15 lengths behind.
Glorious Rose, lim. (., 37, 1,12 4-6, 148 3.5, 2.24 3-5, 3.0, 3.82
Triumph Ross, lim. (9.), 38, 1.15, 1.45 2-5, 2.25, 2.59, 3.31.
Soneroid, lm, 38 1-5, L13 3-5, 1.44 3 5, 2.26
3-5
WATER RETURN.
The Hon. Mr. Chatban 9
7B. (1)Netwithstanding anything in this Ordinauce contained it should be lawful for the Commissioners to issua poton in earlunge for
Ikaro at a rate of exchange to be notified by on Kohl received by the Commissioners at Singa- Order of the Governor in Council with the previous approval of the Secretary of State, and the Commissioners may invite tenders for the issue of notes in Singapore against tele. graphic transfera in favour of the Crown Agents for the Colonies in London and way at their discret an accept any tender which affords sufficient reargin above the rate fixed by such Order in Connoil to cover all charges irolading interest which may be incurred in remitting to Singapore the equivalent in goll at the fixed rate of the notes issued for such terder.
(2)The sume so received shall form part of the Neto Guarantee Fand and may be invested by the Commissioners in accordance with the provisious of this Ordinance or used by them for the purchase of silver to bu minted into Straits Settlements dollars in accordance with wich instructione as may be issued by the Secretary of State.
Provided that the whole of the profit on ench minting shall be carried to a separate Goll Reserve Fund and not form part of the Not Guarantee Fund.
The objecte agil reasons are as follows:- The coin portion of the gold reserve to be held by the Currency Commissions must be kept in Singapore.
The
The motion was carries, and, on the motion of the Colonial Secretary, seconded by the Attorney-General, the Standing Orders ware suspended so that the Bill could be taken through its preliminary stages at that meeting. In Committee, Mr. Marray reminded Ifis Excellency of the effect which a few reworks that had fallen from himself on his return from Bernec on this subject hul had on the trade and commerce of the Colony. If this Bl related to exchange, certainly the time had decision in the matter. In view of this come for the Colonial Government to give somo additional disturbance, everyone was hoping that the Government would come to some decision. He begged that the Government world say now definitely for all time what the rate of exchange was to be,
The second reading of the Bill was carried animously.
This concluded the public business ag fur ne was shown on the agonda paper.
EXCHANGE FIXED AT 24.
л8
His Excellency stated that, before the Coun eil adjourned, bu desired to make a declaration with regard to the rate of oxchange. His hon. friend bad already pointed out the reasons which had prompted the Government in this matter. First of all, the docision of the question did not rest with the Government here, but with the Government at home, and he had no doubi it was He might say very wise that that should be sr. that the matter had been for a very long time Homo under discussion between the Government and himself; also he might say that they did not altogether agree on the Fubject;
but by and bys they might come As he bad already to some arrangement. said, the abject of the Government here had been to är the dollar as low se possible consistent with safety. The recent rise in the price of silver showed no taudency to fall; and the Secretary of State for the Colonies, from what ho Esord on this side and after consultations with them, had come to the con- clusion that the rate should be fixed at 29. 4. Aa, however, there may at first be some diff. That was the cale at the present time, so that it culty in obtaining gold locally and as there would not be necessary for the Government to may be canea of emergency when an expansion screw the rate up or force the rate down. Fre of the currency is urgently required, provision to-morrow the turrency Commissioners would is made for the issue of notes against telebe prepared to exchange notes for gold at that graphia transfers on London at a rate high rate. If any bank or Arm approached the Currency Commissioners, they would proceed as at the old rate. He was sure that, although, Singapore.
the rate was higher than some of them would enough to cover the cost of sending gold Cus
Tho Colonial Transurer, in nahing like, everyone would think that the present
stated that the principal alteration
If intended by this Bin in Buat the provision unvortainly should be brought to an end. empowering the Curroney Commissioners to they had waited longer they might have been issue note against gold, received by the Agents able from the state of the market to fix a biglier in London, should not be brought into force.rate, but he thought it was better, for the reasons After consultation with the Secretary of Etato he had stated to fix the rate now (applause).
The Council then adjourned. it is considered to be better and mere expedient that all such transactions should be conducted
This Bill makes it clear that when the rats of exolange is fixed the Currency Com missioners will receive gold in exchange for noles at that rale in Singapore caly and not in London.
the Currency Commissioners, who are
the Water Tesponsible for, the proper working
of L
A PROTEST.
The following lottor appeared in the same Sir-A most painful sensation has been
ÍABDA :→→
of any person other than the master, Mr. Elade ship by theowner. This point cats my friend's Authority, on Tuesday issued the following submitted that it could, and proceeded ta quote ;
us to outablish an return of the level and storage of water in study the coin portion of the Nota ossed in Singapore. As everyone knows, the authorities in support of his contention. The argument that it is on part owners of a ship, he said, were not partners agency. We do, and it is for them to displace it. Reservoirs on the 1st February
but tenants in common. This being an notion in rem against a ship, a sreditor oculd look to the ship, seizo it, get his money out of it and leave the various part, owners to decide the dif erence between themselves.
His Lordship--If anybody happous to be the owner of a ship, orders goods which happen to
His Lordship-Their doctrine goes furiker tlun that, and you could not dismiss it.
Mr. Stade-No, my Lord. it would be very difficult to dismiss it. I would utggest that what would displace it would be if the material man knew of the charter-party. Then he would not be in the words of the not supplying
be necessarios, then there is an actim in rem? Fuecessaries to the ship, but to the charteror.
Mr. Shade On that principlo the ship line been beacfited by what has been done.
His Lordship reserved judgment.
IN SUMMARY JURISDICTION
LEVEL
1905.
1906. Below overflow. Below overflow. 21 ft. 9 in. 33 ft. 4 in. Tytam.
28 ft. 4 in. 28 ft. 4 in. Byerish. Pokfulam... 21 ft 8 in. 31 ft. 0 in. Wongnaichsong 44 £t. Of in. 45 ft 3 in.
STORAGE GALLONS.
1905. 225,030,000 Byewash Pokfulam
21,225.000 *132,000 Wongasichoong
Total 246,387,000
Tytan.
1908. 101,120,060
7,100,000
108,220,000
f the Currency Note Ordinance, and in whose Guarnuto Fund is hold.
dollar was fixed yesterday at 2/4d, and everyone aleo seems to know that on Baturday the Government, that yesterday fixed the dollar at 41, actually attempted to buy 130,000 over-
12, QUEEN'S ROAD CENTRAL
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PURD FRESH WATER.
HE HONGKONG STEAM WATER. BOAT CO., L.D., is prepared to supply ANY QUANTITY of PURE FRESH WATER to the Shipping, both for Deck and Boilers.
Call Fing W.
J. W. KEW, Manager, Hotel Hansions, 3rd Floor, 2807 Hongkong, 8th August, 1905.
CARTRIDGES.
IMPORTED EVERY MONTH, THERE- FORE ALWAYS FRESH
SCHULTZE'S, AMBERITE SPORTING
As the rate, at which it is intended to issue notes antica to the pablig, it has been con gold, will be declared without any previous sidered advisable to give the Commissioners signs from one of the Banks.
It is inconceivable that Government woke up power to isame notes agajust talegraphic trans-
on Monday and said "It is a fins day; let us fors on London at a rate above the fixed rate a as to cover the cast 10 Government of remitting fix the dollar to-day." The more must have the gold to Singapore until such time as the been carefully thought out by the Governor Banks shall be able to bring out their own gold, and his colleagues. It is also certain that the Hon, members will, of course, understand that purchase of 100,000 sovereigns must have had this is only a temporary measure, and that the similar consideration in the same quarter. The Currency Commissioners will cease to exercise Government at any rate was running no risk of the discretion vested in them of issuing notes turning its fingers,' to quote the Governor a Against telographic transfers so soon as it is recent pronouncement. It was not even having a certainty. Knowing what found that the Banks have a sufficient stock of a flutter. It had emergency, however, if it appears that the and that was that the Bank, which was not would undoubtedly Government knew, there was only one certainty, stock of gold held by the Beaks is low and an supposed to know anything, enlargement of the currency is argently require lose its money, if business were done. Such, SCHULTZE ed, the Commissioners will I again exercise their are the facts that the public have accepted. I CARTRIDGES 8, 10, 12, 16, and 20 BORE
hope that there is not a tittle of truth in and NEWCASTLE CHILLED SHOT
It is indeed to be hoped AMMUNITION in Variety. is that, when an application is made by any of
WM. SCHMIDT & CO.. the Hauks for the issue of notes against tale. Administration.
Hongkong. 28th November, 100% graphic transfers, tenders will be invited from all (having regard to the excited discussion on this
will state at once what the real fuots are. the Banks, and the bighost tender acceptai, matter and universal disomy) that Government provided abuloient margin is given to cover
I am Sir, yours, etc.,
INCREDULOUS
DE NEWELL WILSON, the asst of bringing the gold cat to Singapore.
DENTIST.
His Lordship-No such thing is recognised anywhere. 4 peculiar thing in the Admiralty BEFORE MR. A. G. WISE (PUISSE JUDGE). CONST MPTION OF WATER IN THE CITY or gold for the needs of the place. In cases of Act is that masters, not owners, pledge ʼn skip,
Mr. Slade-Not the master ouly, but any
ageat, owner or part owner.
WHO WERE THE SUPPLIERS?
The Kwong Wing-tai sued the Kang Wo
persimmacus.
VICTORIA AND HILL DISTRICT DURING THE MONTH OF JANUARY,
1905.
1906.
Mr. Pollock said it seemed that his learned to recover $149.83 duo on 49 crates of dry Consumption...112,428,000 107,210,000 gallons | discretion. The procedure we intended to adop“ | thêm for the sake of the fair name of British Sizes, Now, 10 to 88SG. AIR GUNS and
Mr. G. F. Dixon (of Mr. John Hastings ollice) appeared for the plaintiffs, and Mr. G. K. II. Brutton (of Messrs. Bruitou, Hott and Goldring) represented the defendants.
|
Estimated gopu-
lation Conemption per
226,900
17.4
231,700
head per day....
14.9 gallove Constant supply during the whole month of January 1905.
Intermittent supply in Eastern and River Mains Districts during the whole month of January 1906,
CONSUMPTION OF WATER IN KOWLOON PENINSULA DURING THE MONTH OF JANUART.
1905. 1006.
friend hat really not attacked the main difficulty in his ease. That was the question as to evidence clearly showing that this coal was not ordered by the agents for the owners-tha Compagnia for short; whether any claim could
Mr. Dizon said a plainti“; were » firm of be substantiated against the vessel, the persons merchants carrying on business at 9A, Lower who ordered the coal not being the agents for Lascar Row, and the Lefendant were merchants the owners. That was the initial dificulty carrying on business at Bauhom Strand Tho which bis friend had had to contend with oll aum claimed was a balance due to the plaintiffs
on account of persimmons aftor deducting Consumption... 13,433,000 14,589,000 gallons silver, and that it is time to put an end to the along, a diffonity with which he certainly very
The Estimated popu ably contended, but Mr. Pollock still submitted the commission due to the defendants.
lation Consumption that he had not brought bofore his Lordship defendants in a letter from their solicitora ad-
por Bond por day... any satisfactory or sufficient authority to show mitted having received the 49 orates for sale,
The Government Analyst that the vessel could be held liable, It was for but stated that these were received not from
W. Mr. Blade to establish that the Paul Beau was the plaintiffs but from cne, Lo Ho-chuen. water is of excellent quality. liable, and if he failed to prove that, judgment They say they sold them, and the proceeds were
71,650
6.0
77,300
6.1 gallons reports that the
J
CHATHAM. Water Authority:
WEATHER REPORT.
On the 7th at 12.5 p.m.-The barometer has rison over N. China, and fallen over 8. China and the Loochoos.
A depression us in the Eastern Sea near the Loochoos. It is moving Eastward,
It is proposed to carry the Bill through all ite stages at this sitting. The reason of this argeney is that the Government intend to deolare the rate immediately. It is thought that the dollar has now, by the formation of the Currency Scheme, reached a point which admits of a safe margin above the market valus of uncertainty prevailing in the public mind, which
Pressure is highest over I. China. has so interfered with, and injured, legitimate
The monsoon will probably get in again in The Government also mercantile business. considers that no advantage will be gained by the Formosa Channel, daring the next 24 hours. waiting longer, and that further delay will only Light to moderate variable winds are indicato result in a more serious dislocation of the con- over the N. part of the Chius Sea, ditions now obtaining.
Forecast:-Variable winds, light to moderate; ofondy, some rain.
Latest American Methods. Reasonablo Foes,
No charge for examinatione. Office hours 9 AM to 5 P.M.
2349
No. 2, PEDDER STREET (next to the General Post Ooo and opposite to the Side entrance to the Hongkong Hotel),
Hongkong, July 5th, 1805:
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