Page
HOME AND CHINA ÅFFAIRS.
(FROM OUR CORRESPONDANT.)
London, January 3rd. The New Year was gehered in here in London with the customary celebrations around St. Paul's and elsewhere, but it was chilly time for standing boat and there was in con. sequence lost rowdiness-than-usual in the crowd of Chokneys pretending to be Racismen. For Lendor has winter upon it with considerable Beverity at fast and the obilly east winds are here with their resulting crop of inɑnenas and pneumonia. There seems to be no reason for supposing that any branch of trade will-have a worse time than in the past twelve month, while many have hopes of better things, Politically there will be hard #glitz over the liosusing question and the restriction of the liquerirse, but the latest advices from those who know do not indicate an early election
Manchester man who has had a chat with the' Prime Ministër at-Biarritz thinks the Govern
and repeating his assurance that he could set see his way to make any amendment, si pro posed, in the Hongkong Ordinszœ.
THE HONGKONG DAILY PRESS, TUESDAY, FEBRUARY 4TH, 1908.
commision for an American firm of natur alista, Whon he tired of this he went again to the Far West and lived as a cowboy till Colonel Geffey, of the Liverpool Shipowners" money came to him. Eecently he won several Association, said it was clear that in this mattor home races at a meeting in the West, and the foreign ships had an advantage over Brittasalat reports state that he is too wedded to vesela even in British ports. This advantage it the freedom of his life to settle down among was decided to protest further against, and on the conventions of English county society. the proposal of Sir Alfred Jones it was decided to write again to Lord Elgin on the matter.
OPIUM IN LONDON..
There is an outcry again about the opium dens in the East End of London; såd indeed tis a matter for cynical smosement to see our good pe ple going into frasion about the evil oplum smoking in China, while the drug is regularly used in the districts adjacent ton the London Dooke to send into insensibility the Chinese silors who have lost their entire wages in the gambling den.
The matter has come up again through the proseontion of Rung Gow, keeper of a Chinese teamen's boarding house in Limehouse Cause
THE FINNICKING WAR OFFICE.
aporiant
The adoption of a new bayonet by the British Army Connall has enused a good des! of die. euasion in military circles. It is very like the Japaness bayonet but with an difference. The Japanese bayonet has a "bask," single edge, one groove and a point. The British bayonal has two edges, two greoras, and point. The new bayoust will be unlike the Japanese in so far as it will bure a sloping back," so as to provide a more useful point.
THE BERTHING POT. The breach in the Irish Nationalist party its still wide open and it may well be that the next development will be hively. For I am
O'Brion wants a Nations! Convention called at
ment will run for three more years yet. Pernoway. for overcrowding his house. The inspes informed by an Irish M.-P. that Willism
ally think that is too optimistio from the
will doubtlein prove, in course of time, an appreciable strain upon the currency of the Indian Empira,
It is evident that the future of silver will
KING EDWARD VII-
LIQUEUR WHISKY WHITE LABEL.
depend still, as it has for thousands of years in the past, on the prosperity, or otherwise, of the teeming myriads of the East, who have attract PERFECT IN MELLOWNESS,AGE AND I ed and practically, absorbed a stream of the
FLAVOUR, white metal-from-time-immemorial..
RIGHT WHISKY TO TAKE, NO ILL EFFECTS.
For nine months of the year, forward bes been quoted above, cash silver, in noticeable contrast to 1906, when dash was almost always the higher, and in consequence, large stocks of
"PORPRIETOKE
THE DISTILLERS CO., LTD., "EDINBURGH.'
BOLE AGENTS:-
$15 PER CASE
BUT
WORTH MUCH MORE,
H. PRICE & CO. LTD.
WINE, SPIRIT & CIGAR MERCHANTS,
12, QUEEN'S ROAD CENTRAL
silver remained in London; for the high premium on forward silver, which at one time. resched7/2d, tempted Banks to carry the prompt and sell forward, inasmuch as the premium generally exceeded the current rate of interest.
The American financial crisis had little direct TELEPHONE N ̧ : 435 influence on silver, for there existed no latont applies in the States which could be turned into cash on an emergency; and moreover, the United States Government has continued to buy emall amounts at intervals, and bas thes some what cartailed the shipments to Europe; but the dignitude, together with the destness of
SHARE REPORT.
tors found in one rohu licensed to hold three Liberal point of view, for there is no eaying me, four.boarder, one of whom was smoking once to discuss the policy to be adopted, and money, naturally did not encourage demand for demand rate of exchange on London eloses st -wbat obstacles to their career may appear in the opium. In another room four out of five, 1982 ca. Jvha Recnozd refusing to call it this side the metal, course of the next year or so, Sir Henry Compasionishingly lenient view of the case, and said of Easter he Earthreatened to call it bimeelt for his holiday and looks forward to the coming no doubt the man were sociable and had walked Mr. Redmand from the loadership and patunkeilament has lasted until the end of the silver in London clones at 25d, and Console
bell Danzarma is reported to be much better
were making opium. The magistrate took an
The fact is there is a movement afoot to cust
from their rooms into those of their neigh
O'Brien in his place. The clergy, hitheric spart hone, so that the cogtos visited, had more than O'Brien at Bow bringing to his side, and
fore only have to pay two skillings costs.
year.
There was Dol
From the end of September, when the Inok of rain was becoming gorions to India; a period of
not such uncertafely as to the direction in which prices were moving: the doubtful element was the pace. Frequently the covering of "bear" sales as they fell due.
A modest revival of basincas with the Bazaars icok place for silver to be shipped by the steamer of the 6th December dus to arrive in Bombay during the December settlement. the next Hindu year is deemed unpropitio
Mesars Erich Georg & Co, say in their weekly share report dated 1st Fehrnury, 1908-A pretty fair investment business has been going closes much fraser for mest stocks. The sterling in during the week under review, and the market
16. 10 11/16 while rates on Shanghai arD le. 744 for Bank T/T, and Tls 743 to Tis. 75 for a three days' sight-Private draft. Har- at £56 9/16, The Bank of England rate of dis count remains st & per cent, while the market BANK SHARESA good number of shares of tion have been taken off the market at $7074 and $710 for old shares, and at $7024 and 8705 for now issue, the market closing very steady at to higher rates, Lendos quoting £79 and £78A respectively Nationals are unchanged.
MARINE INSURANCE CHARKS--Unione sold
rate of dugónne is 33 per cent.
being the passing of Sir Henry and Mr. Herbars 11.ey should have held. Rang Gow would there the graziers also are with bim, John Redmond; the ouly buying orders for the day represented the Hongkong and Shangbai Banking Corpora
fights with eagerness. There are many rumours of imponding change in the Cabinet, the latest Gladstono to the Lords, while Mr. John Barns is put down for the Home Offlor in placa of Mr. Gladstone, and Dr. Bincnamara to take over the headman's job at the Local Government Board.
Ont of this case the papers have gained mach geta ayat and expences for his position, material for comment and some who hare while O'Brien is willing to do the work for visited the dene say that they are guarded selling and to make the policy wore 088 slosely as the Bank of England by the proprio sively active against British administration in It is hopeless, however, to try and keep track of who make a fat. living out of their Ireland. Finally, the O'Brisaites are making this kind of rumour at this time of year.
customers. Apparently the regulations against political ospital ont of the fact that severn! for miärriaga, would-be Borisdicts took advant and have small further buyers at $890. Other LORD, CURZON,
the dans are not effective, or the administration journalists who have distinguished themselves age of the months to spare, and the stock of stocks under this beading are unchanged.
~Writing: of polities reminds me of the letter just written by Lord-Carzon to the Irish poore, anking that he should be elected's representative, Irish peer in the room of the late Lord Kilmaine. Lord Curzon gate in a complaint. He complains that tho Prime Minister las re- fused to make him a peer and thus fails to keep up the precodout of Indien ex-viceroys being anade peers. But this is truly worthy of George Nathaniel Carson. When he was the House of Commons he showed marked ability, but above that he showed a remarkable extent of self satisfaction and belief in his abilities as an indispensable asset of the Em- pire. His tone was patronising to a degree and at Orford, whence he sprang to politics, they had a couplet —
of the law in lox,
PHILIPPINE POLITICA.
I hear from a Washington correspondent that the Brot Philippine delegates to be accredited to the United States have arrived,
by applauding Redmond and bespiraling O'Brien have accepted song government' posts This bas enraged the anti-British "patriota and it looks as though there would be wigs on the green very shortly.
BA
ailver in Bombay, already-de; loted by sales to China, required replenishment in order to mest the demand for jewellery, onetomary on such festive occasions
L
The Washington Treasury purchased £300,000 during the month of December, and thus substantially reduced American sales on the Loudon market, already overburdened will 10pplies.
The quotation fell on the 18th December to 24 3/16d-the lowest quotation since 15th June, 1903-but-recovered-a-litle towards the
following notes
Messrs. Samuel Montagu & Co., send us the close of the month, at the lower prices now rating the outlook nesms perhaps a shade more encouraging.
that the interests of the islende will be looked after and whenever Philippine matters-ANNUAL BULLION CIRCULAR- are up for consideration in Congress the Seantors and Representatives may be kept fully- informed of what is going on and the diree fon in which Tülipino ideas run. The delegates are Mr. Legards and Mr. Ocampo-the former a capitalist member of the progressive party aud the after a Nationalist sad advocate ofTM
independence, who accompanied the Againside party to Hongkong sa rault of the serenge ments made with the Spanish authorities in 1896, preceding the American ecoupation. The delegates will be given seats on the floor of the House and all the privileges at present accorded to Mr. Larrinags, the Porto Rican Resident Commissioner:
ME. BAYCE
The report is current that Mr. Bryce will be home shortly to confer with the Government on the Uriental labour question in the Paaišo coast. This has revived the story that Mr. Bryce is about to retie from the Diplomatis What is service. He will be seventy years of age next May, and it has been the rule for some years that sevenly should be the limit of a maxi's diplomatie service. Under this policy the last government obliged the Inte Marquess of Duferin and Sir Edmund Monson to give place to others of younger experience. There are quite a number of eligible for the coveted Washington post-one of the plums of the service and there will be a jealous outory it be is allowed to extend his period of service; thongh as a matter of fact, Mr. Bryos at seventy is ♣ more vigorous ran than many at fifty,
"My name is George Nathaniel Carzon I am a most surpotior persen," Moraver the ex-viceroys of whom he speaks were pours before they were viceroys, with one exception; so that bis precedent, does not work. Lord Curzon expressly chose an Irich title so that he might re-oster the Honas of Com mons. He now wants to have the cake he has enteo, so to speak, He says he cannot enter political fights for the Commens on scenunt of konitt and the only place he can sorve the natiop is in the gilded chamber. equally probable is that with his Free Trade pinion he cannot see à clear.course with his party in the Commons, and so prefers a place of are freedom. Still, that sublime belief tint the Empire needs him so pressingly is a comfort sible one to have, and even bis opponents admit that he has more right to it than many others While I have leen writing this, curiously anongh, I have had a visit from one of the best intermed and widely reputed Irishmen in politics in these islands, and he began to talk of the Cuizon ine'dent." He put forward a zewn theory which he said he had reason to beliers was well founded. It is that very soon Mr. Belfour will resign from the leadership of the Conservative party, and the object of Lord Curzon is to re-enter public life without a contest which might weaken his ipfinance by Forbing him to declare definite views on tariff questions. Then it is intended that he should
-QUINED STOKERS.
Quite a hearty little debate is prooding in shipping circles over the number of Chinese firemen (mployed in British ships. The latest contribution on the subjret conse from Mr. William H. Raeburn of Raeburn and Verel shipowners, who says it is true that it costs more to ship Chinese fie men than British:
ancered Mr. Balfour as Conservative leader and The cost monthly for the ordinary cargo boat when the party regains power-Premier. I be pats at £44 for British firemen and trimmera muders and that he would put forth all his and £47 for Chinese. Ha adds that the reason strength to rear este the Conservative party on so many Chinese are being employed in spite of a policy of Preference to the Colonies but this greater cast is that they are more sober against Protection as a general device at homs. and industrious than the British Bremen, do
their work better, and stick to their ships.
Mr. Raeburn thinks the British salt-the genuine article cannot be beaten, but a very large proportion of the sailors and firemen are
disgrace to their flag..
A COWBOY BASOTET.
There has been a good deal of talk bars this week abcat Bir Geuille Cave Browne-Cave, who hur suopeaded to the title after an adventurous life and shows no desire even now to take ad vantage of the rank afforded by the succession in these islands. He prefers to remain rappling
The year 1907 opened with fair prospects for silver.
The price had never fallen below 20 penco during the previous year, having steadily risen to this level since the slump in 1902, _...____. A growing confidence began to prevall that the evil days of silver were safely past, and that most of the damaging blows possible.. such as fresh countries adopting a gold standard had now been dealt, and their effect spont: As a matter of fact, with the important exception of Chins, there is now no country in the world whose earrensy is based upon silver.
Moreover, we had become soenstomed to the ever advancing tide of prosperity in India, which bore with it a gradually increasing demand for the metallic currency of small denominations, which is necessity to a huge population whose wealth, though large in the gregate, is individually smell.
The Indian Government, impelled by chronic shortage of currency, dominated the silver market, and such fluctuations which took place merely punotuated the intervals between the issue of its buying orders, or indicated sharp, upward movements when the Indian Bazaar,
or some Continental orders, forced the Indian-
Government to yield the "pas for a while.
The price hich was tired at 32 3/81 on the lat, of BFF, kept within about one penny gure until the middle of March, andar Flaway to 29.15/16d on the 8th May;
FIRE INSURANOR SHALES-Hongkongs have been done at $335, at which gura the markot closes steady. Chipas bave found buyers
$95, $96 and 398, and more shares can be placed at the bigher rate,
Macao Steamboat Company's shares have been SHIPPING SHAREB-Hongkong, Canton-and
in steady request and faily large quantities have been booked st $29, more shares being wanted; United Waterboats sold at $10 and $104, and are on offer at $113. In other stooks under this- leading there is no change to report.
REFINERIES-China Sugars are offering at $109, while Luzons have buyers at $14, after ales at $15.
SKIN AND SCALP DISORDERS CURED
Man Was Rapidly Losing Hair-
Another Member of Family Suf- fered with Eczema of the Hands for Ten Years-Both Happy to TESTIFY TO EFFICACY.
OF CUTICURA REMEDIES "I have great pleasure in giving particulars of two complete cures de-: rived from the use of the. Cuticura. Bemerties.
Ain my own case, for-more than six months I was suffering from disorder on- my sealp and in consequence was fast Josing my hair, I was advised to give Cuticura Soap and Cutisura Ointment a trial, which I luckily did. I adopted the treatment prescribed and at the end of one month was completely aurod. This was at tho heginning of 1905. Anco that time my head has been rostored to its normal state, and no further outbreak has occurred, and whenever I have had the opportunity I always recommend the Cuticura Komedies.
A member of mir family periodically suffered for nearly ten years from dry eczéma on the hands. The fingers and palina split and cracked everywhere at the alightest movement. At such paclods they were most painful as well us quita useless, and gloves were always' obliged to be worn. Every posible remedy was tried, besides medical advice, blood mixtures. cintments. Roapa, etc,some of which gave slight
pently. Finally, she was advised to try Cuticura Soap and Cuticure Oint- ment, which we are thankful to say affected a complete cure, as she has had no recurrence-of-the trouble for the last three years. We are most happy to testify to the efficacy of the Catiora Itomedies in similar canos, Edward Allen, 66, Denmark Road, South Noc- wood, B., March 26, 1906.'
The quotation for Mexican-dollars during
MINING SHARES-Charbourages can be the year seldom has exceeded their melting placed at 8500. Ranba bare dropped to sellers value. When the price of silver stood bight 83; Chinese Engineering and Mining enough for Mexion to export at a profit, Company's shares are wanted at: Tla, 15 ; -. Busbstantial quantity were put on the market,
LOCKS, WHARTEs, Gorowns, de-Hong and of these a large proportion were shipped keng and Whampoa, Dock-Company's shares to Lidia for recoinage into Bupees and the obazged owners at 898 and 397, and continuerelle for a time, but never perma remainder were refined or abipped to the Far in demand at the higher figure; Fenwicks, as well as New Amoy Doche, are unchanged, Shanghai Docks have improved is the north over the settlements to le77. Hongkong and Kowloon Wharves sold at 855 for old, and at $5 for now shares, closing firm. Shanghai and Hengkow Wharves dropped in the north to Tla,2 9, bufoloas at Tis 212.
East.
ጉጉ
the silver movements of the year under review, We append certain details, connected with which may prove useful for reference, The highest price for cash-32 7/16d.--Jan, 2
2.mor, 32 1/28.- Jan. 3 The lowest price for cash 24 3/16.-Dec. 18
2 mos. 24 7/164.-Dec. 18 Largest fall in one day id, for cash-Dot. 14
11/16d. 2 monOut. 14 ise in one day 15/16 for dash—Ang 14 * .
id, tor 2 mos.ug. 14 Largest report. on 23rd Nov. Largest deport 7:168, 9th April. Monthly averages!-- Jan. b-81 3/4d. 8
ob
31 7/8d.
June
19.
R-31 7/84:
31 13/160. 31 1/8d. 30 1/161.
01 1/160.
Merobr
31 5/160.
May April
30 1/4d.
80 1/24:
301/20
30 781.
July Aug Sept. Oot
31 3/4
31 8/81.
31 5/8d.
บ
31 11/160.
31 5/164.
287788
31.7/ 81
29 1/160,
27 1/2.
Мор
27 1/84. Dec.
25:184,
25 5,81. Average of the above monthly averages :~~ cash-30 3/ 6d. 2 mos. 3.1/14
GOLD,
factor in the silver market, but it has als
Not only has India beon, the most important figured largely as a purchaser of gold, more especially in the earlier part of the year, are, like most Eastern races, now find from Probably the natives, conservative though they experienes that the identity between a rapes and its silver contente no longer exists, and that the yellow metal is a reliable security without appreciable loss.
fromate the quotation rese and kept round about 31d until July, when it began to mount toward 320. On the 1th August it touched 32 4 for cash, and 32 3/8d for for. ward the highest prices since the beginning of the year.
Throughout that mouth and the sex, prices
For the first three months the Bank of moved downward to 31 1/6d, until at the less
September, ominous reporte came to hand of England absorbed the bulk of arrivals, esca rain deficiency in parts of India, and a just-sionally paying alightly the minimum of 77a, 9 completed Government order was not renewed.
So unexpected was this anfavourable state of affairs, that the Bazaars had bought nously heavy shipments for the end of October settle ment-in-Bombay, and were therefore illprepared to meet a reducad demand from ap scantry.
Dealers promptly cleared out their stocks, and both India and Chins daily placed forward ilver for sale on the London market, already. hampered by large spot accumulations.
This happened at a time when mousy teginning to get tight, and when metals generally were much depressed, and there was consequently but little sproulative activity to
stem the fall.
in order to fend off the United States of America. From May to mid-Jano, Franco became a serious competitor, and continued to be in the nerke, off and on, until October, when ins demand became more pressing.
drawals of French coin from the Bank of French prebaoge eventually resalted in with-
The 1w
England, fu aldition to the sbsorption of large supplies in the open market.
of
Germany intervened for a short period in
the arrivals.
SIDE
LANDS, HOTELS AND BUILDINGS Hong- kong Land Investment and Agency Co.'s shares have been in strong demand, resulting in sales ;: of fair quantition, and up to $10 ex the final dividend of $3 per share (making in all $7 share for 1907) paid on 29th ultime, has been paid, the market closing with fusther boyers at Hongkong Land Reclamation Col's shares are quoted $140 exthe dividend of 71 per cent. for 1997 paid on 29th ultimo. Kow. loon Lands have "maller at $35, while. West Points are steady at $43, so the final dividend i of $2.10 yer share (making in all $4.10 por sharo for 1907) paid on 20th ultimo, Hetols continue in demand at $14. Hamphreys, which paid to-day a dividend of 70 cents per share for 1907, sold at $10h oum dir dend, and can be placed now at $10 ar dividend; Shang- bal Lands are up to Tk. 197.
!
SINGLE
SET
Of Cuticura Remedies Consisting of Cuticura Soap, to cleanse the skin, Cutiegra Ointment, to haal the skin, and Cuticure tosolvent Pilis, to cool and cleanse the blood, is often suffi- oint to cure the most torturing, defigur- ing skin, scalp, and blond humours, with loss of hair from infancy to ago, when ali else fails.
Bold throughout the world. Nepote: Tandos. 27. Chartereduse B.; R. Towns & Co.: K: Paut, Cal- C.Ltd.), Cape Town, Natal, etc.
Run,
eutta, Folter Drug & Curto, Corp., Hola Pops, Hongkong
Intros, cuticum nook on Ɛkín placists,
COTTON | MILLS8-Shanghai quotes: Ewos Tls, 66 sales; Intersacionla Tia, 55 gollers, Laon Koog Mews Tie. 72 sellers, and Sony chiees Tls. 270 buyers; Hongkong Cottons are weak with sellers. 810.
SUNDEY MAKufacturing COMPANIES,
THE
48. - 15.
Hongkong Electrics are slightly easier with probable sellers at $41 Dairy Farms fotobed
sold at $114, at which rate bayere prevail. Ius 8161 Green Island Cement Shares have been Company's shares are obtainable at 8340, ROBINSON PIANO other stocks under this heading nothing has transpired and rates are adchanged
MISCELLANEOUS Campbell, Moore & Com pany's can be placed at $17. China-Borneon Lave been done at SI Ching Providents sto steady at 864 oz the dividend of 89 cents per shere paid on 19th ultimo Larg als have advanced to Tls. 410, A, S. Wations sold at $104. Wm. Powelle are in request at $5. Other stocks under this heading unchanged and without transactions.
LATEST STEAMER MOVEMENTS,
The French str. Pluyen left Saigon, on 1st
Morrow
CO., LTD..
PIANOS
Angust, and diverted a-enbstantial proportion inst for this port, sed in due to arrive here to
The P. & O. str. Della with the English Mails, TUNED left Bingapore for this port on the 1st fast, at a.m., and is due bers on or about the 6th inst
At the clow of the same month the American financial eries, the most acute in recent times, began to make its presence felt on this side of the Atlantic, and in spite of a rising Bank
adverse American oxchange, a
&D
ME. BELILIOS" CANDIDATURE, The Conservatives, by the way, are getting house in order All-through-the-country-now there are meetings by vans and societies and the organisations are putting their machinery into batte funning, order. The "Standard" has beef printing a series of reviews of the situation in the various constituencies from the pen of Mr. John Foster Fraser. I notice that he comments favourably on the chances of Mr. B. E. Belilios, now Conservative candidate for Walworth, and prodiste that at the next election
rate-ul imately reaching 7 perintons drain ho will wrest the seat from the Liberals. The in' the Far West.
At first the lawyers could not fod im organisation has been pat on a thorengh footing,
The margin of risk was so narrow that it was country, owing to the premium on gold existing was maintained on the gold resources of this and Mr. Bélilics bas personally called on the and the papers made a big "splank" about reported that two days rain would have in the United States The quotation rose to majority of the electors and been well received, the missing cowboy baronet, bat meanwhile retrieved the situation in India. A mont788. Old on November the 4th, but not higher, Mr Delilion in the son of the well-known he was quietly writing to agents here. to striking fast! a short downpour would have although the price touched 78s. Ofd, in the Hongkong merchant who used to send a splendid dispose of certain property and to man
Prevented distress and famine to millions of preceding year.... wreath every year to deck the statue of Lord age some thousand or so aeros left him in human beings, Bnancial loss to the vast capital Beaconsfield. He fought West Newington at Yorkshire, for he intends to stick to a ranche concerned in mining industry throughout the the last election, but the member there, Captain purchased some months ago with £10,000 left world, and the disturbance of values between Norton, is exceptionally popular and very for him by another relative. Here is something China and countries using a gold standard. mon could hope to aust him..
about this son of Britain. He came of a long In this connection it is interesting to note Norman line. At twelve he was in the Davy that the risk of famine is likely to decline some The Liverpool Chamber of Commerce, and and served on the Australian station when the what year by year, owing to the irrigation especially the LiverpoolShipowners' Association, gold rush was on. Then he joined a Highland works operating and projected in those parts of is at outs with the Colonial Office over the regiment, subsequently transferring to the India where such undertakings are practicable; Hoogkang Ordinance forbidding British steam cavalry. He had a row with his people, so he more especially in the Paisab, whose name, ships to take thence à complement of Chinese listed as a "gentioman ranker and served signifying "five rivers", denotes the existence coolies under contract to work on the Paraus under Wolseley on the Nile expedition, and later of an abundant water supply, if it could be made Canal, while a German steamer was permitted fought in Afghanistan and rought further adven- available. to take the coolies without say hindrance. It tures in many lande. Gotting into the olatches of When the obstacles presented by the was pointed val to Lord. Elgin, in the protest the money lenders on his return to England he igaration of the country are surmounted, these sent by the Chamber to the Colonial Cce, that had a stormy interview with his father, Sirrivere will then be able to diffuse their beneficent the Ordinance forbade any Brilish ship to take Myllon Cave-Browne Cave, who though he influet ce, and thus lessen the dependence of the parscos under labour contracts from a Britishlored the lad with a pagsionale love gave him ryot on the monsoon rainfall, possession to a foreign country at a certain such a talking to that Genille started right In addition to the needs of India proper, the distance, but there was no prohibition similarly way for America. In 1900 he shipped as an steady development of Barash, at present against a foreign vessel. -:
A. B. on a P. and O. liner for Hongkong, sparsely populated, and its annual need for On Wednesday the Chamber received a letter landed and spent some years shooting in largo remittances of coined rupees, which do
hamber recived from Lord Elgin closing the correspondence Burmah and other parts of the East on not flow back to Indis in any large proportion,
▲ HONGKONG RHIFTING ORDINANCE,
at about 9 am,
Saturday, the let inst. at 6-a.m, and is due hers. The str, Glamorganshire left Bingapore on on or about Saturday, the 8th inst, at daylight. The IG.M. str. Priyz Hainrich Jleft Robe via Nagasaki and Shanghai on Sunday, the 2nd inst. p.m., and may be expected here on or about Monday, the 10th inst. p.r.
The LG.M. str. Goeben carrying the German Maile with dates from Berlin of the 14th ult. left Culembo on Saturday, the 1st inst., am and may be expected here on or about Tuesday, the 11th inst. p.m.
The T.K.K. str. Nippon. Baru sailed from Tokohama on the 3rd inst., and is due to arrive here on the 12th prox.
The J.G.M. str. Zieten which left here "on Wednesday, the 29th ult., arrived at Singapore on Sunday, the 2nd inst, at 10a.m.
AND REPAIRED
BY
QUALIFIED MEN
MODERATE CHARGE,
Hongkong, 8th January, 1908.
[36.
The peculiar circumstances of the crisis dus not to a dearth of gold in the States so much as to the hoarding of currency, rendered it advice able for Europe to allow the flow of gold thither, as far as was consistent with safety, and thas contribute to restore the confidence that bad been so rudely shaken. Confidence, how ever, antwithstanding the heaviness of the ship- ments as much as £2,500,000 being on one
For the Allan Line's passenger and cargo ́servies between Glasgow and Cadada there has... vessel alone did not even practically return until the Government of the United States came
been launched the twin-screw steamer." Hes- to the rescue with an issue of Boeds. Even then, the relief was slow to reach the county The Royal Commission on Shipping Rings || perian," a vessel just over 60ft in length, and districts, and gold has continued to be shipped adjourned till February, after pursuing is of a gross tonnage of about 10,000 tons. She investigation with considerable energy, both at with end of Eaglend was strengthened to home and in the South African Colonies. It is will carry 500 first and second class passenger, meet this heavy call upon her stock of gold by precisely one of those inquiries which might and about 1,109 third-class, the latter being the readiness of the Bank of France to arrange easily go on for ever, bat the presumption is accommodated in four-berth rooms. The "Hes- through arbitrage houses, the transference of that the back of the wark is now broken.
perian"
will have considerable cargo-parrying American gold from her coffers. This gold, evidence taken by the Commission bas, as was capacity, and insulated space for the storage of France in the early part of next year, but if it has brought out one thing more clearly than parishable products and ship's provisions however, is due for repayment to the Back of expected, been of a conflicting character, but if necessary, doubtless arrangements can be made another, it the value of the confarebes to the Special arrangements have been made to assure to postpone this tayment for a further short shipper as well as to the shipowner. The de the thorough ventilation of the between decks ferred robate system has, 40 doubt, been. And emigrante apod. The vessel affords one period,
Deary sluipmonte of German gold coin were strongly attacked, but the conference, possibly- made from Germany, and a considerable infier as distinguished from some of its methode, has more proof of the energy and enterprise which sovereigns and gold coin set in from Sean come ont practically unscathed so far as the of recent years have distinguished the manage dinavis and other parts of Europe.
“Inquiry" has prooveded.
The Bank
The
ment of the Allan Ling