THE HONGKONG TELEGRAPH FRIDAY JANUARY 6 tort
HONGKONG TRADE IN 1910.
A GLOOMY YEAR. FOR SHIPPING.
BOOM IN RUBBER AND OPIUM.
BRIGHTER PROSPECTS DAWNING.
NEW ERA OF PROSPERITY PREDICTED.
OPIUM.
of business was dene at Sitio for New and Old Paina and $100 for New Bera'os and later en ut $1.350:70 for Now Falme, $1350 for Old Foton and $1.34 150 for New Bedarts, with the market remaining steady, but towards the and prices began to drop and a fair business was put through in the early days of December at $13.10 for Now Pains, $1,300 for Old Fatsa and $43.0 for New Benarce, with a progressiva advancement in rates, which conched at $1.350/75 for New Paton and $1,350 fr New Bean's. At the close of the year the market
'The
is qu'è!.
FROSPECTS OF THE TK DE dopend entirely on the vagaries of the Chinesa authorities. Though the British Government are faill faily adhering to their yearly 10% re duction of export yet it remains a giant deal part of the contract. Apart from this, with the with the Chicese government to carry cu: their question of the moorply and this naw ax, the trade is barassed a great deal ani it is import ble to make any sort of assertion when it will be selfed, coltering the determination of carrsing it cut is very atong with the authoritas. At present, it is still pending solu los and par eyings nie. cwird on new bi wees the Foreign Office and the Waimupu.
Hoogkong caught the fever and
INED IN THE GENERAL GAMBLE.
Fortnitely, the shares purchased were most iy in sound companies and although too high. prices were paid in many cases there was al ways a market to sell to in Londonor Singapore. It is possibly to the credit of the Honglong Ehare Brokers that the business was restrained in this way.
|
the pile of raw cotton since the early maniky of the year combined with a fairly steady exchange bas eodbled native holders to disposa of their stocks advantageously and the o cas be Ittle doubt that on the whole the period under review has been a fairly praffiable one to all concerned.
8.
The position to day is quite beallby.
¡A GOOD DEMAND
from other sources bas greatly strong based the home market and this factor combined with that of a short cotton crop, has convinced both the Chinese buyers and faraigs importers of the necessity for replacing their mach depleted stocks if they wish to secure any cargo for the early months of 1011.
As regards the Fancy Goods brauch of the tride,
"RESULTS ARE NOT SO ROSY,
SUGAR.
1
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NOTES BY THE WAY.
A Happy New Year and many of them to all my readers i
It was a happy thought that prompted His Excaliency to conter a peculiar Eonour on Sir Heary May Jast Thursday. Sir Henry durin, his tenure of office here has proved himself a ¦ hard-working oficjał, a sportsman and a pen le- man. His future career will be watched with interest. Bonagage to the genial Colonial Secretary and bis family.
LOTTERY RAIDS
·HEIDQUARTERS OF CLEVER CANO, DISCOVERED BY POLICE.
:
and inst. On Friday night, the Police a rotted seven med for. as liog Siú Pul letiniy tickets. Six men we e arrested at No. 101, Wing Lok Street and con at No. 9, Jervois Street. be latter, place is supposed to be the headquireis of the gang. The men were charged at the Magistracy This morning.
Chief Detective-tarprcter Houson prosecut ed.
The Gis: defendant ideiited the charge and from Ng Chow to forward to Macao. No said he was an agort here and received goods.
Mr. Haason-About 4.0.0. They were cousted in my office,
Hi Wentias-How much money did you sits in all 7-$138.46.
His Worship (To the first defondent does it is money belbog 10?-1t's my crapety and was paid to me in respect of cld accounts.
HWerthip: As the Gist defondant pleads guilty 1. impose fine S1,000 or 'x months",
im risot min'.
...
Evidence was called and his Wonhip food the second and third def ndents 5.03 or six weeks, and the four cetendent $ or or cro month. The rest wein d scharged,
„WORLD'S NEWS.
(From "NC., News"].
HOME RELE.
London, December 24-The people of Ulster at oranging to 11 a record anti-' Home Rola domossicien at Belfast, while towns in Scotland and Eaglard are also or
Another wail from the community. A num- borof "sham" sportsmen have been giving free play to their sporting instincts and this item the entire extinction of blid-life in the Colony 31st December. many Chiness failures at this time money was
These hamsu mazpes cestaloly ought to be In looking back over the trade of our Calvary light and had a bad effect on shipping all
discouraged by every means in the Governmoney was received in the Colony, all being
Bent direct to Macao. ony in 1910, we are not able to see much to round. Before the end of October the Falgon
ment's power, as the matter in question is a
-The second and third felendasta stated that band a great dent to make us realiss that we North things were reported to be on the
Unfortunately, the major portion of this businecu'lar form of suisance from which the they were Lunners. The reminder pleaded congratulate ourselves upon, but on the other, rate had fillon to to cents per pical,. lathe
pess is done en credit terms and it is matter Colony has never barn entirely free.
that they went la the premises to look for bays indeed pissed though a pastod of pani merd Newchwang rates rose to go cents.
for regret that more discrimination is not ex- colar stress, which bar'not bean pamlleted for Small business ruled again during Nosenber
arcised in this connection. A glaring ins'arco discovery that modera life is far too comfort
"A Continental medico has made the startling friends. many years pait. In the first instance there is and the Yangiers rales stored a falling off.
of such trading was ably commented upon in
H Worship-How many tickels did you able. He has issued a grave warding in which seiz 2 to be taken into account as an important By the end of this monili the muters bad ar- the great s'ring rived at a deadlock so far as the South-was
the columas of the local Press esme time ago,
his declares that humanity is losing its power factor. In the moʼter
wton it was showithit a native firm with a of resistance. It was only the other day that concerned and rates receded to centrs Slace ency of money which has been the consequence
capital of $30,000/-bc:ut ily
one of those persons whose chief glary „lies la of the fia scial crisis in Chira. So many then, there has been no improvement to record. banks closed their doors daring the year, and Even regular boats have been fia-leg difficulty
STOCK EXCHANGE.
TRADAD TO THE EXTENT CY OVER $1,000/- dabbling la statistics calmly announced that
the world was going mad, so the latest com-' so many leading hoogs had to suspen busi- in obtaining freights. In the opici a of those
Probably, no year his opened with greater with disastrous results to the firm in question paratively mid statement need occasion no. Bato, that money becams exceedingly tigh: and bts: qualified to judge a radical recovery may
and tɔ the market generally. Further, there is
particular alarm. What would the d ct bayo itade was very adversely affected ail round not be looked for int the end of February when promise thin 1912, Trade was good ned the
a tendency on the part of some importers to
us do, I wander? Would it delight bis soul to Every single department of business felt the the new Saigos grain may be rady for export. share market was healthy and active. By
Mitch, however, the business in Rubber shajes increase their business by crasting cilit en lo
see us exercise all the your of the religious malign it fliesco of this state of depression and
reclusa whole imagination has been fred by' our local industries in particular wers stated. At the class of the year to the muket bad reacted beger; ortions all over the world the way of credit to small native firms where Another notable moremadi which led to the showed an upward tendercy in sympathy with and developed into a "Boom," the line of which financial resources are rot such as to warrant. fanaticat fervour or would be prefer to 100 us loss (f working capital to satisfy the Colony's the else in India and in the early days of January has pais by never before affected to many his confidence. Our market bas undoubtedly devise means for the infliction of self torture in or bosiness cin res. The end of Mach saw the been affected to a large extent by the fanciul pur everyday affairs? Ona of his arguments is working requirements was the boom, which rates advanced from 45 to $630 had the effect of burilog a good many fingers descriptions alio followed the improvement lo
tp of the Beon and pricas then bioke babcrises to the North brought about by reckless
that modern mon, watched over nd laken care of by the police, loses the ability to struggle for in the ranks of investors and has tied op great the Tegal drug. Towards the end of Jany for robber and rubber shares and have sogged speculation in Rubber shares and the coare. quent stringency in the mosey marcel'his com
kimielf. It would be lateresting to know how sums of money is a product that canpo reach husness was done in Patoa and Benares at away steadily ever tioce. a high volume of supply for several years to $720. The rise was dee to the focrease in th
peled many native dealers to dispose of their fong the wonby goulleman would care th Ray stacks whepaver opportunities offered on almost in this little Colony of ours were "Bobby" to come. Io our great shippi g industry, thinga Malwa export in 1911 as notified by the Indian
any terms in order to meet their engagements be non est? Probably, in such a caro ke would baya bten as uniatisinciory as they possibly Government. In the beginning of Fibery,
The resul. Is that a very substantial anisual of have every epportunity of bringing his powers could be. Low rate for toanoge bave suled all as demand subsided, rates began declining Lu:
thle year's cargo must be carried over into sgu
of self-protection lato vigorous use, but how through the year, and at the close of the twelve fater on the market firmed up ewing to the
and caturally new purchases for the spring mooth the outlook is not ons whit improved. bigbar price real zid at the "Auction Sole" at
de will be proportionately contailed.
fir be would enj y undergoing the pr:coss is a The money crisis had a bad effṛṛt en the char- Calcutta. Paina was quo ed at $1,815 and
root point. Then again, the populity of lifts, tering business from which it is likely to suffer Benares at $85. The China New Yearlmer.
Tram cars, omnibeses, and motor-cers is a serious droger. He advised Parisians to to for a while yet. The cause of the decline in voard and business was sucked and doly rates is attributed to the drcreating de- the usual compilmemory sales were don“, bot
The trade in sugar has been bad geneally make use of underground street crossings un In Shanghai the gamble-took the farm-of-in-the-beginning of the year unta. Apel, that store old and feeble, but to face travely mand, combined with the freer allering at the end of the mouth, whes the news from
buying shares la locally doited companies at was a good demand and prices weet up, as the perils of dodging the traffic, an exercise of topunge and it is feared that some steamers ladle arrived re the Budget Estimates some trading con South will find it difficult within excitement took plice, which gave a û lip ta
abiurdty high pem'ums and the result has result of which considerable money was ide
which presents endless opportunities for the and good p ofits resul ed. Af eithit, there was display of costaest, courage, and ready de the next few weeks to obtain a freight from the market and prices sidvinced to $1,910 aud
no basics and pric's gradually came down 10 zion.Again," says the doctor, by all meins whatever post they Happen to terminate their a good but loc syys pat brough. The market.
$3 bat 1/1 olihe price. In the cavo e f white
letifs be constructed, but label them: In aed- present charter. A ridică! recovery may not kept steadily advancing on t'i March, when i bo Icoked for ualll the end of February when the middlsefihe month the market, in sympathy
sugar, for example, the highest price seiched the Salgon rice crops may be available for ex-with the site in Chioghai, be, as an
Recent reports from Java stated that business Those is sea ch of hobbies might try this zew was Sect The present quotation is $7.70, for preference, for the use of old ladies and the feib .' Self-respect will do the test." port. In the property market reu's hava
losses caused bare teen cormous. It will be
was s'iil at a complete standstill and a later re gone up all round, and ailes though smaller.
form of diversion. It is bound to prove a a long time before Staugbai can recover from
port was to the effect that a very wrak tone con.
novelty of oo uncertain type. tinues to predominate, the soles being next to the shock.of the rubber collapse.
Shanghai' is intimately associated with Ignore Tan latest report goes to show that after keng is sbare bus'uess and her present de a long standstill, deinand has receyered at litt plorab'e plight no doubt afficis very adversely for the 1910 crap, while the 1911 crap af a' re maical neglected Eusiness of some im the Hongkong share mir et generally.
Hongkong has had a bad time of it sits portance was done. Upt: October last, 4 3.163 March; 001 01 y have rubber shares (of which plculs were imported, while the figores for the a fair number ore still te'd bere) shown lavy same paled fat year porc 445,6 3. The res sop for the fall in pric's is in the fact that depreciation but many local stocks hire
there was a good beet crop in Eu spe. In the Chinese m riot, prices fi,va gase downlowing to heavy failures in Shanghai, mainly owing to speculations in rubber and tightness of the money market. There has been so market for velice sugar.. Frevious to this, while sugar was sent to fadia but no merket being found. tbera for the product, it is now seat to Hong. Icarg. Prices have come down daily, which has had a bad effect on refined sugat, prices for which have bres reduced gradually, for both the refised and the raw product Uster uзl circumstances, there has always tem a brisk demand for both refined-and saw sugar during the moon cake festival, but this year, owing to the fai utes in Shangbai, the tightness of money and bid bostess geoeral y, the con- sumption of sugar has decreased, ·
UNPRECEDENTED CAREER OF LEAPS
AND WORKD3
ip number, br ught better prices, than Just soir, The Sugar trade was very which is unparalleled in the history of the opium 13, and reduci.ons in rates have been coo-sarled on a "rice for life competition to reach bad during 1509. Olexports increased large trade. The market, both he.o and lo Stanghal, sequent upon competition on the mareet belog the highest rolat in rates. It resembled very keenly followed up. In the opium (rauwe much the curse of a comet rasbing at a tepite bave seen the inauguration of a revolution and zale to arrive at its perihelion anthroathout also partly the operations of the same. In its mad career it sprd aloog with slight diver years to come, plum exports will disappear Encles to reach is with, and prices reached altogether under the present suppressive této $50 la April. It continued its onward gims. We can only express the hope that the rush, when the highest price on record wis year 1911 will prove brighter and hippier than pald at the Calcutta its predecessor.
SHIPPING AND FREIGHTS:
Auction sale - Re
3:00 for Patoa and Rs 4200 for Bepares Owing to the advaș co in India, prices shot up here to $1 850, the bluhest price reached izba Hargkong market, Then, as the zenith xas resched and the excitement abated, the ma ket like the comet, began in
RECEDE AT ITS AFURLION COURSE
<
been maat daaxircus,
The sump has
CAUGHT THE SPECULATORS FULL ↑
of unsa esble shares ab svilue in many cases bas dwindled to a small nemical figure and the
SHARED THE SAME FATE, The following comparison of pures in January, 1910, and December, 190, will show what the colony suffered in somedical stecks.
Jao.
Stocks.
Hongkong and Shangbal Banking Corporation shares...... Uniots
Doug'at Steamships... Indo-Chinas ....... China Sugars Fenwicks..... Wharvest.
èc.
$,000 1973.
$51
$12 1
.$153
$12
TIE. 81
$134 443
$5
At the beginning of 19:5, only a moderate business was beleg done in the iccal shipping market and the supply of tonnage ascking employmcat was gradually increasing. But this state of affairs changed for the better as this month progressed; a demand for tonnage in May. Buyers kept aloof and herefore the from Saigon to Ho gkang had again appeared market became depressed and prices began to on the stece. Saigon market opened with a tumble in an raverse proportion. It was just boat accepting 111 ctats bat the rate treaded about this time that tonebody wake up to the upwards until it bad reached 15 cents per picul. fact that it was quit sopportuneto mar alise the henry, of the Viceroy of Nanking of creating For Dalny and Chefso from Canton there weri naveral sellaments at 24 and 6 cents. monopoly of the trace, whereby the sup February ratio alowed a decline. The only pression of the so called evil of smoking cp'um feature of interest was the renewal of the would be facilitated. The Oplum Bureau, grasp, chatters of five of the Norwegian steamers, ing the opportunity, at ence devised a scheme of sunning from Hongkong to Salgun for the toxing the Imported drug into Kwangtnog Pro China-Slamera Steam Navization Co. for viser, in addition to the usual taxrs, $7.10.00 another period of 11 months al somewhat every bail sold a' that place. enhanced rates. During China New Year though well devised, yet was contrary to the holidays prompt tonnage was in abundance Treaties and one cannot he'p seeing through and readily accepting to poor rates offered. ita fimy suture the motive that actuated its In March, Saigon is a centre of attention for promoters tempted by the high pics resized shipowners, but it particularly proved a source on iosising to carry out their plans desple les of disappointmest is them at that reason of illegality in accordance wits Treaty Rights. the year; yet tatem imp oved to 15 and of erit.is als remarkable to note that the Asti.very severe indeed and, when died in the
The scheme,
Sharghat D cks ... Pongtew Wharver ...... Humphreys Es'a'el Shanghai Lands China B ratos...... Chics Provides s.......5.
·Green Islands
Ropes
Tis. 95 $5 Tis. 109 Sat
Ts, 118 $2
Ths. 117
$7
$7 52)
S
$ 7 $61
Union Waterbbats...$10
Tter, bave been
▲ FIV ČASES OF AIPRECIATION, notably in Castan losurances from $4; to 185, but on the whole the shrinkage has been
FLOUR.
ne zip meetings to emphyir: the importar CO of maintaining the Un on
THE COLLIERY DISASTER.
beta takes out of the P. et ria pit of Bolton.
Loudon, December 24-Many bodies have
THE ESPIONAGE CASE, Erndon, December -The newspapers at Leipzig in regard to Captain Trench and agice that the verdict of the Supreme Court
Lieutenant Brandon, cannot be regarded as a surprise mar, thoygii kawy, can thi sentenco a considered unreasonable or excessive: The Press acknowledges the dignified ad fair coa-- duct of the trial.
SERIES OF RAILWAY ACCIDIKTS. London, December 26-ks Midland Rail. way Scottish Express from London bus baen wrecked south of Carliste. Nice pusins were killed, and twenty five injured, The train collided wiha piler engine.
A French writer is a Faris jaunal has been making, a fascinating study of the modern de valormen: of watoan. According to him wo man's youthfulness, is we understand it to-day, is purely factitious. The enlargement of her activity will destroy a conventional barriers. Women writers and artists, the women who, by eatos of their dutier, come into ca. tact with the happiness and suffering of the massor, enj1y almost always a prolonged you'h. at an age when the workless women of the Faubourg St. Germain and at the bourgeoisie bava d sap-injured. peared from the world of the living, those at A head-on calliston, has occurred on the the head of to dramatic and musical meva-Pintsylvania Railway at Upper Sandusky, ment are entering upon their second youth. Chlo. Eight persons were killed and a number And the result of this prolengation of the suc seriously injured. creding periods of life will have its effect in tho 'prolongation of childhood, of the tim's given to the formation of body and mind. Truly a beautiful ideal of womanhood.
The Celte Express was wrecked near Bor deaux and three persons were killed and thirty
[From the J Dance Prest,]
A remour that Mr. Dickinson, Secretary for War, being dinnatisfied with the order of Fra- la Hongkong, where so much is often cardsident Ta't to withhold bis report, bas asked to be of the people's so-called musical lastes, the allowed to resign, is denied.- Osaka Mla picki.. principais of the following stories will be re- cognised as the exact prototypes of those who pose as musical critics. It appears tha a correspondent of a musical paper knows of a lady who wrote to a music sellerforasing cali ed "The Old Black Mare." The reply was that they tai po got it, but could supply "The Grey Ass" This may go with the story old of the music seller who being asked for a copy of Rossini's "Messa is Fgrpi," sald ha mis out of stock of that work, but could supply
Ebron on the Rhine."
London, Dec. 19.-All the London news papeis iratokon up wi breposts and det:l's of a sires of mudes which have been commited in Houndeditch, in coss:quence of these starting crimes the recessity of arming the.. rolice is publicly advocated.-Ozka Mainichi.
The geboral public in London is seriously alaimed bythefictthat several armed foreigners bare killed three polcemen in Houndeditch la London. Sericus attention is being paid to the foreign, emigrante, especially Runions, Poles and Jews, large numbers of whom se 'aying in London. The emigrants sometimes The following delightful aucedoid will be behave themselves! wlessly, ard most of them appreciated by local wielders of the willow!~ aro unclean in their habits. There are many recall a match i o co took part in during these ci issza of goods and money. The King late Boer War. We'd made a bat and some his tent messages of condolence to the relatives
of the victims Osaka Avakt. wickets, and were having a game among per selves, quite unaware of the enemy's presence in ont vicinity. I was batting, and as I saw tos
wards to 18 cents. The general ions of the Opiùmists do not see the game is played by / decline in "tuhder," it is small wonder that bat since the latter half of the year, things have | Talking about cricket,” said Private Pate 14 gimblers among them and ikey sometimes loot
market, however, and expecially in the Seuthe Chinese, for if the same is winning one, was a decidedly better one. A fair amount of on what would prevent the establishment of chattering business was done. For the South other bureau for the inposition of further orda were very pomaroul and the shortage taxes on the a her kinds of goods imported of tonnage served to sastaid rates upon a vary to China? For if one commodity is allowed firm baste siderably, and mori bu i.ess would have re-Rights-it would
business in stocks and shares is in a bad way,
However, Hongkong end Shanghai (espe- cially the later) have great recuperative powETE and it is to be hoped that humper crops in mid and north Chira may tell their tals and that the business communities of Hongkong and Shanghai thin the immediate cutie would appear to warrant,
Importations for the year 1910 from America mounted to 3,997,000 bags, de 277,020 tags less than in 1909. The year has been marked by several loss:s among Chiness here. Priers of American marketi being very high in the earlier part of the year, stocks accumulated heie. The flour is not keeping very well and heavy competition has to be reported of mills is Shanghai with flour made from native wheat, again changed. In Shanghai, wheat s'ock bive practically exhausted votil the next crop. This means that the cur tusluoss origically taken away fom Bangkeng by Shanghi milis bas practically beco returned and to-day, ig their supplies from this market. This has paabled the dealers here to regain forome little mendous speed towards my wicket. Like light ex'ent their losses and call in part of a very ning I misid my bat and struck it, a'id it wekt sericus amount, not less than half a million, for 'x, and'-"Do you mean to tell me, ex- although there has been some loss in the claimed ons of his listeners, "that you hit a smeest of four imported, s. shown from the live shell Ob, dear me, not replied the year before, that would be more than fet by private. "It was only an opster-shell the bow-
fer had sent down, instead of the ball.” heavy purchases that have been made and yet to came forward, to that it will show in exports at the end of gif relasing prosperity, when it | is anticipated that Hongkong willagein have pained largely her fait trade. The imparts of flor from Australia have fallen away to under 50,00 bags.
In all sections rates roNS CO2-120 extra impɔsition, in cost avention to 1eaty the fature may bava beltar times in store for Cantoo, Swatow, Amoy and Foochow are draw" } bowier raise his arm, á. shell came with tre- now ja England and France to Germany. Thay
CREATE A PRECIDENT WHICH WOULD DE
· DETRIMENTAL
Hragkong is no doubt suffalog from lots of trade, and shipping dive ted to other ports and 1so from the impanding decease of the opian trade, which with bit ber very hard. Possibly,
NEW TRADES MAY GROW UP and new borinesies be evalved, but they do a very gradually and probably Sharghai will be himming again beture Hoogkong stowS much life.
LANDED ESTATES.
→
WINES AND SFIUTS.
In the wins and spirit, trade goverily husiness has been very bad during the past year, and many firms have, as a coated 180ce, kiven up their licenses,
The impositios of the liquor regulations and duties has not tended to make the wice and spicit trado a very pleasant one to ba pgaged in. The duties are, o mauy closses of wines, e'c., very high, and a large amount of capital has to be locked up, in paying duty o goeds which may not be seli for months after the duty bas beca paldenthem, A Jags pinnat of extra work has b:so put upao the shoulders of free who do a large business, and this bar totailed in the care of may, an fucreate in the clerical st. Under the prirent depression this extra drain on the deances is felt very acutely. New stt of backs hava bed to be introduced la connection with the banded warehouses, applications for permission to remove gold for permissioats expost goods, for permission for varicut other matters, have to he made out, and Ibis coming on top of a bad year, bis been a source of considerable vexation to those engaged in ths
To view of the approaching visit of a French aerial export on these abores, the following story. is distinctly apropi.—li was an abs at mind ed traveller who bad lately taken to ballooning. "Yes," be observai impressively, "It was a fearlal journey. The machice, a thousand foef up, and no more ballast, headed straight for Siberia, and the rateiled air-wolf, you know as
London, Dec, 20-The German ayat writers ato sarailleg Amerita for not sending std fleets complela fanker of the pro-Bri:ith pseches of te American officers in London,-/ift.
CHINESE BAGLISH,
The following letter tram one of his patients bas been sent to the N. C. Dally 'News by a med ca correspondent
Drac Sir-lag very rony, stare. I was' wourd id by my chemy, who used his hand to strike is my chest, after I had spoken something with y avent Mind to the members of our meeting, which took place about seven weeks ago.
Still now, it aches a little in my chest, or la
breast, or in belly, when it will rain, or 1 am tied for laterest story, news, and vary kinds of lessons, which I have read. What shall I do? Sir.
But I have come matter to tell you, perkopf,, It can give you a proof for this, direise. Five years ago, my left shoulder was wounded by some bad men, and I did not fiad a doctor for it, on that time, till now, not only aches in bart place, but abo go to my arm, welst, "fia. ger, knee pan, instrp and sole of the foot, Wilit conduct to my chail? as I think, Sir, Picass, hope earnestly, make my ache well-at-
well as I do what effact that has on a balloos. Yes, the peril was terrible." Then the ela habit was too strong for him. "Then wolves d'alected our pres:ace. A desperate face easte. We fois their hot breath DA the nape of our racks." And here's as her "In the Air story -A firm of brokers, having been asked by a client to recommend a god investment, advised him to purchase the Five per Cont. Adjustment Mortgage toads of the Seablard Air Line Railway. The order was duly executed, bat after the con rart note bad bosa dispitched the client write aiking, his brokers to caccel | all, the bargale, he had come to the conclusion that airships ware Lot & desirable form of la vestment!
Yours most respectfully.
JAPANESE SHIPPING."
sulted bat for scarcity of carriers.
In April, the loteresting feature of the freight market was the contioued toward tendency of to the other brioches of the Import trade, rator, caused by the good demand from Saga And the sooner the question is settled the and te Philippines to Hongkong, especially in better it is for trade în generst. The merib of the latter dinction. Biogkek alin. was con- May was a remarkable rat, for the muket tionally apply.ng for loscags for Hoogkang vanlted bick and lay dormant on its back for With the opening of the Northera por a thea long time. It woke up in June, when a Yan.trs market became firmer, and good demand had set in, and business was done at business was confidently anticipated, Much St,fo, sed gradually advanced to $1,995 ihu sams state of afluiri coslinned enill the Theo a reaction took pace owing to the ime end of April, with orders being left unfulfilled position of the new jɛx at Canton which caused as practically all available tonnagow semploy-a depression in the market. Towards the end
Io the property market, there was an in- ed and owners dach and business which did not of the month, owing to sɔme diman1, business provement all round, bai especially in the suit them at the rates off.red. There were was done at $1.90) for Patna, $1,92033 for] Westera district, Rects have gone ap ail coned. heavy arrivals of grain from Salgon, and rates Benares and iten the market closed quiet: In unghom and Kowicus Leichtbet declised a point. In May then was po: much | Urgent steps were taken by the importers
may solas, but these have all been carried activity in the freight market, inquries gener, both here and in fodia, to get th's new tax it tough at much higher rates than the ruling ally having fallen off. Too Canion dimsed removed, which was hararsing the trede, but last year, Like all other departments of basi. for beans and beancake collapsed and inquiries they proved of no avail, as the au beriter atness in the Colony, the property market felt for outside steamers therefore vanished. Char Cadíón pershted in carrying out the'r plans. severely the feancial crisis through which we jering way light throughout the sece ad pait of The local Government had been very energetic have passed to the course of the twelve-moaib, the month and offers of tonnage limited. Rates in giving their support but with life or no bringing in its train Lumerous failures and advanced toʻri costs on the Saigon-iun-From/+flict, as the Chicese aulber't'ey were deler. | bau) ropiciss, Balforth consequent stringency the Yangters it was reper ed that there was no mined to lavy this new tax as one of the means of money, proptry would have bees in a mach loose tournja lasking employment, bit the of suppressing the opium trades__VĚTY stronger position at the end of the year and demand was its owing to the stoppage of the plausible excuse. Not only did the Kwang-thers would certainly have been more sales io export of cereals from the tiver pons,
long province tike up this question of layylog | repcrl. The latter part of June presented a very mis- ja tresh imposition, but the other provinces KEROSENE OIL AND PETROLEUM. crable atthudo from an òwaei's point of view { followed the example as circumstances of and the business done was comparatively lopportaníty permitted,
During the first eight maths of 1910, price small, Heavy shipments of grain 'from the|
romanized steady in comparison with those
Eros in inscilp:lons are proverbial. A South brought rates dowa again 10 18 cents;
1909, but sizes then, gradual redactidis hay
···_A‹NIW-PRETOUT CARRYING PROJECT. whitst the North repжried rates all round declin
taken place, until the price is now abou: $40
Pails coolcaipiry gives an example on sew log and very litla demand,
in the early part of the month at $1,950 for Patra per case lasa. This makes us give credence 1
lines. A Caen maker of martuary wicaths was
1: Is' reported, says the Japan Herald, that The second half of the fair opened with. and $3 for Bensyen and receded to $18:0
Mr. Nishikawa Sbozo, formerly director of the the many reports which have appeared, in the
quested to place on the ribbon Rest in very feable market with hardly any orders $75, respectively. The market contino- Home piptis, to the effect that there is a price
Peace, Au revois Two hours later his cliest Shipowners' Union in Japan, who recently ra desired to add to the tribut, and seat i tele- above paying levels in the market. Ou theed is dull s'ate in the brgizzing of August
the marina transportation business in European Newchwang tun only the thie chartered steam with raies declining, till it touched $1,675 and the Standard Oil Company, with the in-
graphic message with the request to add the turned from bis tour of inspection concerning woris af erpace, in Heaven, if there be
and American countries, has a project on foot ors did any business. Till the end of July, which is the lowest rate since the boom in the tention either by reduced prices facreasing the trado.
room on the r.bbo, The latterer was equal to establish a cargo line wils a capital of you trade all round was cosatisfactory and 135 diz-and ih:a it se:overed, when a demand consumption or bringing the two Companies to
to the occasion, and impt ved upon it, so the marat was almost bare of oideis Northern sel in at that rate. Buyers ev'denty thrught
an agreement as to the prices. The resul, we DEATH OF MR. MOK. SHIÙ PAN. matchers ha dibe cassola Ton of knowing that $15,000,000. He propuses to oblala a guaran tes of a dividend of five per catt, par arnom freights, which had looked promislog were that this rate was the rock bottom price as com
understand, is nadoubledly beneficial to the
their geod wshes were provaional for the from the Government. He states that although practically dead. Angust showed to improve pated with the rates of the previous men be consumer, for on sellable format.ca we are in consequence Saformed that the consumption of oil in Chipa
31st ult. legend read: Rest in Peace in Heaven, if
steamers owned by private companies have lo. ment, and rates, showed a declice on recent optialed to some extent.
tnertake business on foreign services owing fixtures,:
We have to arnource the death of a well-the.e b:r.om. Au revoir," The Northern market showed a thereof, the market became firmer towards the frigo is at least 15 percent over 150g. Again,
Casual CRITIS
to the fact that they ara, driven cut State of demoralization. The whole bulk of clote of the month and closed with St,365 for we may say that this lacteata in consumption known Chintsa Kobs resident, Mr. Muk Shiu
should not be atributed entirely to the re- Pao, who died at his residence la Hengkong,
of the
tho coastal, seivize, owing to business was dull and inactive and suffered P.toa and 1,750 for Benares.
Septembershowed signs of activity, both here | daction is prices related to, bai to the con- | yesterday morning. The decensed came down
Rollway Bureau's rervice most of the vessels from the facial crais la China. Freights
and in Shangbai, and at the end of the month tired activity on the part of the two importing to Hongkong about a year ago: from Kobe On and fer the 1st December, 11, the during the Rosso-Japanese War. Therefore are sieimers of unsoitablo typo constracted continued to low that at fast owepts were con- sidering whether it was not better 10 lay up prices touched for Patoa and Boravce of $2,160, Companies ment osed, in placing their oil nt where for many years his bad canied on a very their boats then to ply them at the rates This enhancement was due somewhat to all the principal distributing centres in the in successful business is a merchant, under the mauufacture in Chion by Chiness on 1 forsign-steamers of a new type should be constructed, offsting. Competition was began on the Sai-ramour published in the papers that the British terior of the Chinese Empire.
style of Yea Wo: He was also proprietor of era of cocalre, and of syringes, needles, and if the service is to be extended to the wastern the monkey brand" of mach:s. Mr. Sain such-like ios rammats í fitu vie, is absolutely 101st of the American continent, Australia and gon run against the regular liners and a rate Minister was läsisting as to the withdrawal of war was begun. Sems tonoage for prompt the new tax imposed on the drug by le Bureau
The year under review generally speaking Pan was one of the leading Chinese at Kobe prohibited; and the inporation of the same other constries upon the completion of the has boca a good one for the yarn trade, · Prices loading, Salon-jays, was hooked. In the at Canton.
en his hospitality w.s p.overblil Chinese Into China by Chiarse and foreigners is like Panoms Cabai sad the consequent, reform in North the valuema of trade d'd not-wariant the
called upon bim and were always nyally do qualified foreign medical practitioners, foreign cording to his plan, to steamers of 6,000 loss employment of outside boate; but as the New- and is the was a forther spurt, they reached have throughout kept up vary well and at pre-scalemen passing through Japan invariably wise pr.hibited, except lo the ciss of daly the transportation business of the world." Ac „tertalsed of his mɔgolfcoat mansion and gar chemists and draggists,, civil hospitals estabara ta be constructed in the first term and an chwang sexion opened a big increase in the to $130 for New Patoa and $1,200 fit New seat, maletalo an abnormal level, Vangisan trade was anticipated. The first two Benares at the end'cf October, when they drop.
des there. On two occasions he was com.lished by govorement in any provlace, military other so steamers in the second term it is weeks of October were bid generally with pad agels, of er a limited Eutlosss wai dopo, The staple Piece Goods trade daring 1910 monded by the late Hmperor of Ching for bis and barat hospitals and surgeons, and medical expected that he will approach the Gorerament small demand for tonnage except to Baigan to $2,150 and the muket closed quist. It must be gardadas salafactory to importers liberality and he was, the recipient of 4 dis colleges of any kind complying with certain sutharkits in the near future to obiale dhuit
comdlilene
rlowe, and the Philippines. In consequence of the Lopened agala in November and a good amount and buyere alike. The continual edrance fasinguished rank,
July
SOME BUSINEES WAS PUT THROUGH
PRICES CONTINUED TO ADVANCE
waren between the Asiatic Fetroleum Company
YARN MARKET.
11ROK GOODS.
"COCAINE REGULATIONS.
1