BeroR ME. A. G. WIRE.
A DISORDERLY CHAIE COOLIE
Fan Ayan, chair coolie, was charged by his em ployer Mr. A. Garßt, with disorderly conduct. Camphibent stated that on the 24th inst. de fondaatananzy from the homes. The nart mown, ing he called at his office and asked for his wiges in an inclout manner. When rofused, he out himmalt noross the head with a sharp instra- ment he had in his hand, and running in to the street soose complainant of assaulting him Complaleant wont to the Police Station with đa- fendant, who there charged him with haring ntenok him with a stiak.
Inspector Bremner, who took the sharge, maid that when defendant rama to the Station he or
amined him and found a scratch on the head which could not have been caused within stick..
The enolic was fined $24, or three months' im- prisonment.
CORRESPONDENCE,
ཤ-
:
2
[We do not hold ourselvom repensibls for the opinion expressed by war Correspondenta.
THE PLANTING OF VACANT SPACES. TO THE EDITOR OF THE "DAILY PRESS,” S-It would greatly add to the houlth and benefit of the town of Vistoria if the racent spots were nicely planted with ever-greens, and
if facilities were given by the Government to persons Laviog gardens to plant them.
{
festivities. The od for hopes it will be a warning in tham
Extracts from the Shen-pas and Hongkong papers, and from the Peking Ganelles.
Notices of the dates of the Emminations to he held by the Provincial Chancellor at Hangehow and other places...
Eists of the successful students at the last Canion Deaminatione.
Further contributions to the Yellow River Fund from Kwangshow amounting to $213, 88A more have been collected, but not yet remitted.
NOTE ISSUES.
The following is the conclusion of the officia! correspondeuse on note issues recently published at Singapore :-
MEMORANDUM BY THE COLONIAL SECRETARY ON SECRETARY, OF STATES DESPÁTOK No. 70 or £7TH OCTO3E; 1886.
In accorelapon with the last paragraph of the above despatch, the Unoflotal Members of the Logislative Council have been roquested to give their opinions on the two questions theroin raised, viz -----
(a) Stato.isans of notes involting the with. drawal of the privileges of the Banks in respect of the fsane of notes
(b) An issue of re-dollar notes by the Go
vernment.
These oplatons have now been renefved. Ož the question of a State issue of notes they may
At the preshat time If any parzon is desirous be summarised as follows:-
· DÈSTIMATION:
LONDON, & via Suez CANAL, LONDON, VIA BURT CARALAMA LONDON AND HAMBURG...... LONDON AND HAMBURG LONDON DIRECT...
LONDON..... LONDON
TIN DALLY PRESS, MONDAY, FEBRUARY M»¤, 282e8.
VESSELS ADVERTISED AS LOADING.
VESEL'S NAME -
CATTAIN.
~
Eme
HAVRE AND HAMBURG, S. HAVRE AND LONDON ... MARSEILLES TIA SALOON, &c. BREMEN, & PORTS of CALL... VANCOUVER B.C., SAN Feo, &c. GENOA YA BOMBAY, & SANFRANCISCOVIA T'HAMA... SAN FRANCISCO VIAY HAMA... SAN FRANCISCO
AT
FOR FREIGHT APPLY TO
TO BÉ DESPATOMED
P.&O. 9. N. Com Bettorfold & Swire Arnhold. Karberg & Co.... Arahvid, Karberg & Co... Carlowits & Co.... Puston & Co.... Malchers & Co.
On 1st Mar, Daylight
On 4th March. Quick despatch.
Quick despatch.
Quick despatch.
Quick dispatch.
Quick deapatob
Hongkong Hongkong Hongkong
Slemsson & Co... Arabold Karberg & Co... Masangories Maritimes...
Melouers Co
Adamson, Roll & Co.
Caskowitz & Co.....
P. M. 9. 9. Go.....
Hongkong ......Hongkong
Bengel str.)....... :W. B. Andrews
Langkong Diamod(str.).isimane) Bigke Dorothea
HT.Mosller... Hongkong Theolor Mugur .C. Mayer Hongkong Mabel Taylor
Thos. E. Durkil Hongkong Kialto...
J. E. Payne... Hongkong Sentai:
J. Tismaan Hongkong Hongkong Osasindra (atn)....J. Bohrens......
Wm. Sritomers Saghallenstr.)...... Fiaschi Saobsen (six) g A. Jaoger te Partaia (atr.)........
Walloon r Bormids (etr.)...... | Deguino.. City of Rio (str.).......
faello (str.) Fred P. Litchfield Great Admiral..... Paoteins........ Clingta (str.) .................. Moyune (ate.). Teherno (str.). Bantour (str.) Wingang (str)........ Boochow (str.)...... Tiksang (str.) Glengarry (str.j 8WATÓW,AMOY,& FOOCHOW-Nazca (str.) SWATOW
Fortosa (str.)........
BAN FRANCISCO ... NEW YORK
SYDNEYARD MELBOURNE.; SYDNEY AND MELBOURNE. YOKOHAMA VIA NASABAKI, &Ç. SOURABAYA,
CALOUTTA VIL STRAITS...... TIENTSIN...
SHANGHAI SHANGHAT.
(Signed) W. D., WA, Tomaror..
Colombo, 6th Alar, 1854,
0:0. Toang... J. F. Rowel... Th. Burnham... 1.0.0. Arthur Hogg
Schelton St. Croix. Harris..
Irack....
Taylor
Goddard H
O. & 0.8. 8. Co. longkang Melchers & Co. Hongkong Russell & Co...... Hongkong Pastan & Co....... Hongkong, Battorfald & Swize ............... Hongkong tibb, Livingston & Co...... Hongkong | F. & 0.3. No Co Hongkong Jandino, Matheson (& Op... Hongkong Jardine. Matheson & Co... Hongkong ButterHold & Swire....... Honghong Jardine, Matheson & Co.... Hongkong Jardine, Matheson & Co... Hongkeng Douglas Laprak & Co... Hongkong Draglse Lapralk & Co....---
To-morrow, at 10 am. Quick dempatol..
On 7th Mar., at Noon.
On 10th Mar., at
On 15th Mar. at 3 p.m.
To-morrow, at 10.
VESSELS ON THE BERTH.
NAVIGAZIONE GENERALEITALIANA (FLORIO & RUBattino „United COMPANIES).
STEAM FOR SINGAPORE, PENANG, AND BOMBAY. having connexion with Company's Mail Steamors to ADEN, BUEZ, PORT SAID, MESSINA, NAPLÉS, (LEGHOKN) ኒክስ GENÓA ¡all MEDITERRANEAN, ADRIATIC LEVANTINE, and BOUTH AMERICAN PORTS up to CabLao. Taking
· Cargo at through, "radas, fa, PERSIAN GULF and BAĞDAD. - THE Company's Steamship
“BORMIDA,”
Captain Tagrino, will be despatched as above On 3rd Mar., at 3 PATO-MORROW, the 28th losi., at TEN A.M. On 14th Mar,, nit 3 P..
Quick despatch.
Quick despatch.
Quick despatol.
On 29thinat, at 4 P.M.
T'o-day, até P.M.
On 3rd Mar., Daylight. On or about 27th fast. To-morrow, at 7 PM. To-morrow. To-day, at 4 P.M. Ta-day, at Noon.
A BOMBAY the Steamers aro diasaarging in PZDOE's Docks
For Further Particulare regarding Freight and Poswige, apply to
CARLOWITZ & Co.,
Agonte. Hongkong. 14th February, 1888. INDO-CHINA STEAM NAVIGATION
COMPANY, LIMITED. FOR SINGAPORE, PENANO, AND
CALCUTTA..
On 20th inst, Daylight Tomorrow Daylight.THE Company's Steamship
China Traders' Inanmazon Company's Blases
share.
$970 per sbury, sales,
VESSELS SR UM DEKTE
—————STEAM-FOR-
PENANG SINGAPORE,
COLOMBO, ADEN, SULZ, PORT SAID, MALTA, MARSEILLES, GIURALTAR, BRINDIST, ANCONA, VENICE, PLYMOUTH, AND LONDON; ALRO,
→
BOMBAY, MADRAS. CALCUTTA, ANU AUSTRALIA. N.B.--CARGO CAN BE TAKEN ON TEROWOR Bulga op Lading VOR BATAVIA, FERSTAN GUL Powes Mareilles, TeIKSTE, ILAM- CORG, NEW YORK, AND BOSTON..
SPECIE ONLY LANDED AT PLYMOUTH, THE PENLISTLAR AND Orightal Sebam NAVIGATION Company's Steamship “HENGAL," Captain W. B. Andrewa, with Her Majesty's Mails, will no laptobed from this for LONDON via HOMBAY and SCEZ- CANAL on THURSDAY, the 1st March, {at DAYLIGHT.
Carge, will to reenivad an baardi antil (4 P.M. Parcels and Specie Gold) at the Office
xantil 2 P.m., on tlao day prortons to miling.
**WINGSANG Captain St. Croix, will be despatched as above TOMORROW, the 23th inst. f TARES F.. This atomer has Superior Firat Class Ac
THE
FOR TIENTSIN.
HE Company's Stamship
-«8000ʊOW2
XORROW, the 28th Instant.
Toa, Silk and Yahialbos for Europe will be tesashipped at Colombo, fuerat Cargo for London will be conveyed via Bombay without. transhipment, arriving .ope wook alor than by the ordinary direct renta via Colombo."
For further particolare regarding FREIGHT and Passade apply to the PENINSULAZ & ORIENTAL STEAM NAVIGATION COMPANY'S Oline, Hongkong.
This Contents and Value of Pankages are re-.. quired to be declared prior to shipment.
Shippers are part larly requested to note the farm and conditions of the Company's Black Büls of Lading.
N
EL WOODEN,
Superintendent Hongkong, 20th Fubranry, 1888.
“U. §. MAIL. LINE,
PACIFIC MAIL STEAMSHIP COMPANY, THROUGH vo_NEW-YORE, via OVER LAND RAILWAYS, and TOUCHING AT - TOKOHAMA AND SAN FRANCISCO.
HE U.S: Mail Steamer "CITY OF RIO
DEJANEIRO," will be despatched for San Francisen, via Yokohamn, on SATURDAY, taking the 3rd March, at THREE TE 1340
Passengers and Freight for Japaa the United NAGA-States and Europe.
Jaya Mr. Fenl and bis mèn for raising them the note issue is most unsatisfactory and salts Banke with the Government as suggested by be effectire., The Government would be power-Straits Marine Insurance Company, Limited1.Captain Harris, will be despatched ne above "TO-1
A GARDENER..
Hongkong, 23th February, 1688
of planting a few ever-graons er trees, the only Of the seven Unaffeful Mensbers of the Logische bank to more than equal to slird of the for which public opinion pooga scarcely yat pre-
$70 por share, vultors. person, from wheus they sea be obtained is thelativa Connell, the six European members are zotea of the aid leak is alrealation.
pared, but I request you to lay the papers before Superintendent of the Publio Gardens, and for apposed to the withdrawal from the Banks of the General Treseary.
the Iegislative Council, so that the public way North China Insurance-Tla, £65 per share.commodation specially constructed to meet the
Yangtze Insurance Association-Ts. 110 per requiroments of tropical climates. apprehend the importance of the subject. any obtained a charge is made. It is true the Privilege of leaning notes. The general view
For Freight or Passage, apply to suan asked is not very great, but why should any issue of notes by the Government would extail & Bank enspended payment on the 5th May.
which rane through their opinions is that the
The inspection was made on 3rd May, and Che 3-I am at the same time of opinion that the
JARDINE MATHESON & Co., alternative proposed by a majority of the Legia-Chinese Insurance Company, Limited-$200.por charge he made at all, for it is clearly to the be
General Managers. abarė. Silver equal to one-third of the note issue in lative Conseil, vir., a Government control of the nefit of all persons that tree planting in a town large and expensive establishment, and wealdra
[402 of this description should he encouraged, and I sult in koes to the Gororument, while the assom-Ceylon was actually in the ventia of the Bankpresont ass, is one which cannot property be Ou Tai Insurance Company, Limited-Tls. 148 Hongkong, 23rd February, 1858.
per share.
CHINA NAVIGATION COMPANY, would suggest that in place of foeding the dis-modation afforded to the public by the pent in Colombo; but so soon as the Bank failed it undertaken.
LIMITED. laust bill with trees, they should be given fres of local banking establishments would be anriated, home part of the general sets of the Bank By the assumption of such control, there would Canton Insurance Ofoe, Lámited-$75 per
share, ex dir. chargo to say purson who is desirons of planting Five of these six members couple with this which had its bead office in London and Bran- dovolve on the Governmont a certain amount of thorn within the Colony, for any charge and is in a recommendation that the nota isso, if ches in many Calenies, and none of it was aval-responsibility of which the Banks would be Hongkong Fire Insurance Company's Sharos- only a provention to planting. It must not be left in the hands of the Banks should be sabjootable for the special payment of any of the notes enrrespondingly relieved, with the tendoary to forgotten that it is the ratepayers money that to control by the Government, and that graster on account of which it was bold in servo. I make them Jess retal that they ought to be. China Pics Insurance Company's Shares-210
security should be requirat so the position of the one-third reserv were deposited by the At the same time the control could not pombly per share, I am, yours truly,...
for early reform" Mr. 9halford),
ane of the Mombers (Mr. Cathbertson it is dif-less to secure the maintenance of the prescribed The proponta for control and better security dealt to see how the Banks would work their reserva, and as you are aware, the ballion kopt differ somewhat, but may be summed up general ante jesus as the one-third is required to mest against a noto iesas is not specially sur-marked ly as follows:-
demands for payment which may come to on any to that issue, bat, in the eront of failure, (a). The periodical examination by ofloors of day, and must be met immediately. This re-merges in the general acts of the Bank. More- Government of the reserves of coin beld serve is in fact held to meet any sudden run over, to prevent an over-issue of notes, each by the Banks Mosera Burkinabaw adapon any Branob in regard to ite notes; and if note would have to be stamped by the Gevarn Shotford].
nd by the Government woult, on failure of a ment, which would virtually amount to the reaped- Surprise surveys of those sortes Mr. Bank, be no more available for payment of the Goverment issuing and taking Shelford".
notes than if it were held by the Bunk, mulessibility, while the Banks would continue to sajoy (That one-third of the value of the notes suggested by Mr. Burkinshaw, this one-third the profits; and it would be impossible to pre issued should be held in specie ia reserve (whether in the Bank coffers or in the Govern vont the general public looking on the Gerarn- by the Bonks and actifled to be so beld mant chests) were by special Ordinanes "ot ment and the Bank as partners in the undertaking. by Government officer Messrs. Barkin aside to be used for no other purpose than the
4.-As the Colonial Secretary points out in his memorandam enclosed in your despatch, the ob shine and Shelford), or should be actually payment of notes in circulation. deposited with the Government · [Mr. (d)Investment of the remaining two-thirds jootion to the Government undertaking the issue Cuthbertson].
of the value of the note issue in Gorom-on its own account, that such an issue would on- ment securities and deposit of the securities tall a large and costly establishment and involve loss, appears to be based on some misapprehen- with the Government.
nion. Back has not been the ease in other Cole-Luzon Sugar Rofing Company, Limited--S43THE Company's Stearship
is whero the system has been tried.
TO THE EDITOR OF THE "NALLY PRESS,”
SIB. The disgraceful and dangerous condi- tion of Wyndham Street cannot surely have. binets culled to the attention of the Inspectors of
Nuisances. Outside the verandahs are pota of
flowers.au stať nosecured stands. At any mo- ment there tony give away and the pots fall upon the foot passengers either walking on the road ar on the site walk. Apart from this in every vorandah there hay ho sen lion and under clothing of all descriptions hung up to dry. Yours truly,
AN OBSERVER NOT AN OVERSEER.
Hongkong, 25th February, 1888,
SUMMARY OF THE
**KWANG-PAO.” -
The following is a summary of the contents of the Kuang-pas of February 24th-
LEADING ARTICLE.
Leading article on the mistake the Editor is of opinion the Siamese hate tide in employing two Frank offers to drill their troops. The French, he says, want to enues gisa, sad these officers will spy out her weakness.
NAWS.
Ten lottery agencies suppreraad at Fatslan; the lottery had best going on an the pretence of repairing certain dams, Ent was really merely the White Pignon Lottery under surther pane.
A number of agencies for the mle of counter feit dollars at Fatahan reported to have shut up in fear of prosecution, inforamtion laving been given the authorities by the Foreign Cousals that counterfeit tollars were coming largely into circulation, and several arrests made la con- Edquence.
In view of the cold weather, grual kitchens hayo been opened again for the relief of the alarving beaci. A good work, in the Editor's opinion; they don't cost unch, and the merit of feeding the starring is great.
¦
Mr. Skelford
f) The investment in Government or other approved security of the remaining two- thirds of the value of the poto issue, and the depoilt with Government or Trastoas of the securities Messrs. Burkinshaw, Cathbertson, and Allan, or a consider able portion of the remaining two-thirds The sixth Member (Mr. John Anderson) thinks bat-what bangen sald to the serions trouble from posare failere of a note issuing bank is far fetched, and the view of an alarmist He says, did not other Bauka hero, when the Oriental Bank Corporation stopped, come for ward, autt par ils notea?"
Tho Chinose Member (Mr. Sesh Luang Seal differa from the other Unoffcial Members of the Conncil. He is in favour of a Government lane of notes, which, though it might sanse some inconvenience at fret, would afterwards give moro soority to the public. He thinks it would not cause magh, if any, expense to the Government 2. The objections were made to a Govern ment note issue are twofold.
(1)That, as it involves the withdrawal from the Banks of issuing notes, it will curtail the facilities which tha Banks afford to trade.
(9)-That a State note ina will entail a large and eastly establishment, and will result in loss to the Government.
On the other hand, the Bark issus is stated to hemost unantisfactory and to call for early reform."
Placky bebavinne of a woman and her maid in 3.-The objection that a Government note San-hal. Getting up early to go to Mass, some lane will encall the alifies for trade falls to armed thievas take advantage of their opening the ground if the Banks are required to tie up, the door to rush in; the women not only ory out ↑ as anggested in thees opinions, silver in coin or for help, bat courageously seize the robbers by in approyed securities equal to the full mount the tails, and though wounded by them, kold cn of the nota issue. The proportion of notes to to the last. One robber gets away by cutting deposits le so small, that this objection need not his tail of, but the other is captured. The has be taken into soconut asit cannot be intended to band sering to the resous, has a narrow escapo, indicate an opinion that it is an advantago to being shot in the stomach,” bat luckily a thick trade for the Banks to have one third of these dressing gown deadened the ballet.
notes in reserve in silver to draw you for other purposes than the payment of notes in time of stringency and difficulty: that being precisely. the time when the reserve is most required to most the notes.
Cass of highway robbery reported; luckily zome tavellers came up, and the thief, to save himself, abandoned his plander?
of a man walking off with some money, which
had been ontruded to him, ill up the oclanna, together with extracte from the Peking Gaselles and Hongkong and Shanghai papers.
OFFICIAL APPOINTMEKTE.
The Governor has received the Honorary Tablet given him by the Emperor.
Appointarent of Peng-tour-koan as Acting Magistrate of Bun-bai guzetted-
}
4-The objection that a Government' note
the note issue shows in its second year a profit
of Rs. 48,000, which more than enflsient to
cover possible loss by forgeries or by depreciation
|
This suggestion, it adopted, would with pro- vision, for one third of the value of the notes he
5. Mr. Dirkaco is right in pointing out with ing held in silver to be used no other per pose than rayinent of the netas, provide a fall reference to Mr. Anderson's contentior that guarantee for payment of the notes subject only thers would be ne inconvenience in the event of to the risk of depreciation in the securities. It the failure of a note issuing Hauk breause, iu. would entirely thange the whole character of the case of the late Oriental Bank Corporation, bank note isene and would doprivo the Banks of the other Banks could come forward and pay its the funds they now have for use its return for notes, that an important point has been over their notes. The bank notes, though then precooked by Mr. Axlersen, vis., that as local issue tially nearly as safe za Government noter, would of the Oriental Bank Corporation notes was very net 35 as well received as Government notes, small, and that its guarantos by the other three pecially in mut-of-the-way places, sa gin Banke can be no peof that a similar cours would many parts of the Matay Peninsula, and it is or could be adopted shon'd as of the orting fault to understand those who anside Banke fall with their sery much lurver igor of Thess provisions necessary, should desire to we Dolus. the Bsake allowed to retain the privilege of wing notes.
The political Importance of having Given ment notes of the Straits Battlersents ourrent in all parts of the Malay Peninsula is not to be overlocked, and it is to be noted that an in- portant share, if not the bulk of trade of these fettlements is in the hands of Chinese and that The Chinese member (Mr. Liang Seal) is de cidedly in favour of having a Government acta issue; he no doubt correctly ruffests, the viors of the Chinese community generally.
While five of the European members consider it necessary to tako extraordinary precautions lo secure full payment of the bank notes, tho sixth monber thinks that serious trouble Trom posiblo failure of a note-iganing bank is far. fetched, as when the Oriental Bank Corporation suspended payment the other banks in Singapore came forward and paid its notas.
It is desirable to clearly recognise the relative position of the four note-issuing banks at the time of failure of the Oriental Bank Corpora. lion. Their note issue in the Straits Settle menta was a fellowa on 30th April, 1984:—
Chartered Marcantile Bank ...... 81,596,270 Charterod Bank
1,197,990 Hongkong and Shangbai Bank... 880,250 Oriental Bouk Corporation
S60,952
Total $4,835,162
ruoti
Chartered Mercantile Bank,...31,751,400 Chartered Bank,
1,605,334 Henghong and Shanghai Bank, 1,707,773
Total: $5,244 509
$20 hom, sellers. Straits Fire Insurance Company, Limited-
$21, ex div. sales. Hongkong and Whampoa Dook Company's
Shares 37 por sont, prom., sales. Bungkong, Canton, and Macao Steamboat Co.'s
Shares--$105 per cent, prom, Lado-China Steam Narigation Co.'s Shuros-
15 por cent discount, Chins and Manila Steamship Company, Limited
--$53 per share. Douglas Steamship Company, Limited--$49 per Hongkong Gas Company's Shares-$125 per
share
share.
Hongkong Hotel Company's Shares--$195 per
sharu.
China Sagar Refining Company, Limited-$169
per share, sollers.
per share.
For Freight or Passage, apply to
BUTTERFIELD & SWIRE. Agents. Hongkong, 15th February, 1869. STEAM TO YOKOHAMA, VIA
BAKI, AND KOBE. Fassing through the INLAND SRA). [THE P. &O. 8. N. Co's Stenteship
"TEHERAN," will leave for the above places on SATURDAY, the 3rd March, at DAYLIGHT.
E. L. WOODIN,
Superintendent. Hongkong, 20th February, 1888.
------,----,......... OOBAN STEAMSHIP COMPANY:"
*POK LONDON VIA SUEZ CANAL.
...
"DIOMED,"
[1
Through Bill of Lading issnel for trans- portation to Yokohama and other Japan Forts, to San Francisco, to Atlantic and Inland Cities, of the United States, við Overland Railways, b Havana, Trinidual, and Demoraca, and to ports in Mexico Central and South America, by the Company's and connecting Stamers.
Through Passage Tickets granted to England. France, and Gorgany by all trans-Atlantic iiums of 8leaners.
First-class Fares granted as follows:-
To San Francisco
.............$200,00
250.00
***** 333.00
To Say Francisco and return,
available for 6 janaths. To Liverpool To London
·338,00 To oflur European points at proportionats
Hongkong Ise Company's Shares54 For Captain Bigley, will be despatched sa above on rates: Special rotused rates granted to Officers
· sharr, 'sellers.
Hongkong and Obina Bakery Company, Limited
8110 per sbare.
-$20 per share.
Perak Tin Mining and Smelting Company
Punom and Sunghie Dus Samantan Mining
Company, Litaited $124 per share, sellers. Perak Sugar Cultivation Company-Ts. I por Hongkong Rope Maunfacturing Compsuz, 14-
mited--549 per share, males,
share.
d. R.. Waison & Co., Limited-55 per cent.
promito. Hongkong & Komloos Wharf and Godown Co.,
that Limited $143 per share; sellers
Singapore Insurance Company, Limited-1
6-In regard to the question of one-dollar | notes," the general opition seeing
though such an issus would be an advantage, it is not a necessity and as I am not prepared to assent to the extension of the privileges of the Banke in this respect, and opinion is to be favourable to a State isso, the matter must for the present be dropped.
I havo, do,
H. T. HOLLAND, P.S-T annex a copy of a letter from the Lords Commissioner of the Treasury with whom I have been in comacicative on the subjoot, from which you will learn that their Lordships concur in my views on the mattur: TE TREASURY TO THE COLONIAL OFFICE
Treasury Chambers,
ས----
29th November, 1887. BtI am directed by the Lords Corn missioners of Her Majesty's Treasury to acquaint you for the information of the Segretary of State, that they have considered the correspondence on the currency of the Straits Settlements anclosed in Mr. Maade's letter of 15th August.
There is good reason to be gratifed at tho Boundness of the cpinions expressed by the highess authorities in the Settlement, and My Lords an not but hope that those opinions will ultimately be adopted, although the Interest of the arigting
Bank, which doubtless reader great service to:
por share.
Chinese Imperial Loan of 1884 B-8. por cont.
preminin, salsa.
Chinese Imperial Iman of 1884 C2—0 per cant.
premium, nom., esles, Chines Imperial Loan, 1880-9 per cest
promium. nom.
HONGKONG TEMPERATURE.
1 MESA, WALDONNE EcoTIE,) February 25th.
30.14 .30.10
Brownfer-à- Barometer) EM.
·Barometer—i 1,301,
Thermometer---W Thermometer=).7. 10. Thermemetormmė 1:35 (nuotr Thoran anior-,, (Wet halh) Thereiset mar. (Wel halb) The monster—$2,16. (Wat, brlb).. Thermusler--Muzicabamen Thermometer-Minimum tover night) 55
CHINA COAST, METEOROLOGICAL
P
Brabolk
REGISTER.
Zath February, 18N, at 4 Pr
31.24
90,04
3308
wind,
25th February, 18, at 10 4.2.
-VATION;
Puck | 30,14
9031
30.31
SOUL
Native of a performing hear, which the Editor thinks vory wonderful. Brain not only stands up and brandishes a spear; opens his mouth and i will entail a large and costly establish. When the Oriental Bank Corporation had skuta it at the word of command, but climbs & ment and involve lose to Government is based only a note issue of $360,952 out of a total of the mercantile community, prevails among the STATION, high pole, and, sa a ddiwaz, swallow a sword. - on some misapprehension. The recent intro- $4.55,469, there was no diffealty on the part non-oficial members of the Legislative Council Notice of a stray dog ontering a shop and duction of a Government note issun in Caylon of the three other Banks in paying the notos of They wish specially to record their satisfaction begging for food and shinobinning whan it was gives accurate information on this point. There, the Oriental Bank Corporation, it was the only at ruling the exvallout mucorandum of the Co. Fokie... given him. The drg, a white das with short in 1885, 8. Government note isma was intro- pradent and practicablu cones to maintain the lonial Secretary. logs and tufts of hair about the head, apparently fuced, to replace the Oriental Bank Corpora chemoter of bank notes, and prevent
My Lords think that Sir H. Holaad is pro- had lost his foreign master..
Lion note isare, of about-Ra-3,200,000. The the remaining Banks. In Ceylon, on the other ably right in not further urging a reconsiders. A story of mistaken identity-Tws Indios, Ceylon Government role inne now amounts to band, where the bulk of the usta issue was in tion of the subfoot at the present moment. The long...
Helinu. nated Wang and Huang, living together and a little over Rs. 4,500,000. This issue involved the hands of the Oriental Bank Corporation, the community has been warnet of the risk to which each arpecting a visit from their son-in-laws, a loss in 1885 of Rs. 10,616 in 1836 the staf cost other noterasing Book firmly declined to it is saposed by a aurrquey system acting solely one of them greats the other's visitor as her's Re. 1680 and the interest on investments yielded take its notes or to reader app resistance. In for the interest of the issing Banks. A change having never seen him before; and another story Rs. 2004; a sum of Rs. 1,065 was carried to a that case the Oriental Bank Corporation had to a sounder system can only be made will the
depreciation fand, and Rs. 08,645 was carried to ant about Ha 3,000,020 as-aguinet about Raconeverence of the community, and that ann the edit of the revenue of the Colony; from 900,000 of notes of the Chartered Mercantile currence has not as yet be obtained. this must be deducted Ry 22,500 which the Bank. According to the latest returns (February) It is, however, desirable that no messuvogi, Banks would bave puld as daty on a nets aane of the present pote issue of the Straite Settle should be sanctioned extating too presoat ko
powim of the Banks, and although it is not Baganski ... of Rs. 4,500,000; after making this deductionments it is as followe :---
obable that enoaringement. would he girang by the present Governor or Colonial Secretary or Executive Council to any proposals of that haplong... Mi 1
BRO..... natura, My Lorda would nevertheless recom mend that the Secretary of State should, pat loss. (See Ceylon Government Gazette, 18th It is very questionable in the position of the on record an opinion to that affeos, and they March, 1857, page 645) In Caylon as hep the ante insus of these Battlements, whether any two would further hope, that although the present Government has a skeleton Treasury Etablish surviving Banke could on failure of the third may be a fitting moment for further urg- Continuation of the article on Health. Thament, and keeps its current account with the meet the notes of the broken Bank; the ons jng the views which the Secretary of State and editor enlarges on the evil sosequences of in-local Banks. The additional Establishment re third reserve of the two surviving Banks world, this Board hold in common, the sabjoot temperance and locsa living advocates sobrietyquired for the note image costy in Ceylon only in the most favourable case, not do so much may not be forgotton, shopis opportunity offer. and virtuous retirees. The inclation of people Re. 1,680-bero it would probably tot cost anch more than most two-thirds of the issue of the My Lords entirely ootear in the terms of suffering from contarions diseases, the deatrne- more in proportion to the tots ise; and the broken flank, and leave nothing to meet their the latter which the Secretary of State pro- tion of Bak cattle, thu aystem of Government loss on "duiy" would bo lesa in proportion, sa
poses to address to the Governor, and thers rewards for the extermination of snakes and wild the rate is here half what it was in Caylon; "the With regard to the imus of one-dollar bores, are no modifications or additions which they beasts, and the establishment of public hospitals; in received here for duty on notes in 1886 was all the Unofficial Members with the creeption would suggest except it bean expression of opia highly favourable to foreigners.
$11,066,30
fan such as they have mentioned in a prowding of ons (Mr. Seah Liang Ssab, who does not man Gur.
5.-The abjoined remuris will follow the lion this subject) are of opinion that the ime paragraph, that, pending a satisfantury adjust A passanger landing from a passagò boat gets order observed in paragraph 1 in setting forth of them would be a great advantage though not ment of the note question, no proposals extending * incking.
the recommendations of the Unofficial Members an actual necessity (Mr. Burkizhaw), and eg. the powers of the Banks should be entertained. Fight between the crows of a rice boat and a late Government control over the lesne of uotespecially in outlying districts (Messrs Allan and Lower Lont at Fati consequent on the latter reby the Banks and as to insuring better separity Vermont). fusing to give way; some of the pleasure party for the notes. krocked into the water, but not much harmadone. Afrenta farm bone in Honam; 10 pigá burnt.» Fire in the City at the Militia Office, caused
25th February. LEADING ÅRTICEK
by frworks. Esppily propli pat unt
Notice of an annual village feast at two vil
lagen in the Nanhai district, all the villagers over
16 years present. At ons two patriarchs of 80 and
of investments, prospective pensions, and expense
of new notes. The investmente so far show no
(a) The periodical examination of the reserves of ecin fequal to one-third of the note issue) held by the Banke.
(b) Surprise surveys of these reg:TTER`
<wḥ notes.
.
I am, &c.,
C. G. BAKRIJGTON.
Mr. Burkinshaw suggests that the conditions The Under-Secretary of Stata, Colonial Offon
of the issue should be that a certain proportion
of the whole pisten ienced should be one-dollar noten. Mr. Anderson says that whether by Go An Important Discovery is announced in the verament or the Banks the issus would be de Paris Figure, a valuable remedy for norrona debility, physical exhaustion, and premature
(The deposit with the Government of the sirable.
one-third reserve (Mr. Cuthbertson).
Mr. Verment is of opinion that the banks are decay. The discovery was made by a missionary It is stated in ons of the replies (M. Shel. the proper manns of issuing thors. Mr. Shelford, in Old Mexico; it saved hins from a miserable We learn that 90 years of ago prasidad; at the other a patriarch ford) that "the reserves of coin should be pe although not denying the advantage which existence and an early gravo. of over 70. The editor thinks these gatherings iodically saatained and subject, to surprise would result from an ios of re-dollar aules the Ber. Joseph Holmes, Bloomsbury Mantidos at which all come together without distinction, the surveys by the officer of Government, as used adheres to the decision he gave in the Legisls. Bloomsbury Square, Londas, W... will sead oldest being president, a custom to be sucouraged to be done here. No authority is given for tive Counell that if the Lords of the Trasry the prescription, free of charge, on receipt of
Story of a man losing his mistress and $300 this statesuut roa the contrary, it is stated in held to their perions statement that for every self aldrowed stampal envelope,” she bad persuaded him to entrust to her on pre Sir F. Well's despitoh No. 132 of the 4th note a dollar in silver and not merely one half tence of buying a house in which they might April, 1888, that it appears nover to have one-third of the value must be held in the live happily together.
beon the practice it this Colony for the Gov. Treasury, then he should record his vote aga pri Also of a fair boatgirl beguiled by a pickpocket ernment to verify thoes spocie reserves." The the proposal. whom she believed to be a merchant princo | Government had power under the charter of the
COMMERCIAL INTELLI ENGA.
SATURDAY, 25th February PICHANGE. ON LORBON.—
*Polegmphic Transfer
Bank Bills, va demand Bank Bilia, at 30 days' sight 31 Bank Bills, 4 montla'sight Uredits, at 4 months' sight.... 3/24. Documentary Billa, et & months
sight.....
The lowest doneminiaton of notes in India and At this season of the year when fish are late Oriental Bank Corporation to require the Caylon is five rupees; here it is five dollars c ↑ spawning, it is considered a work of merit taxistance of the specie to La secertained in such little more than double the Indian limit; there turn fish out in the river, but such is the lust of manner as he might direct, but it does not ap-does not appear to be any strong argument or gain that no sooner do good doors de so than at pear that this power was ever axercised; bat as the score of convenience or otherwise in favour tempts are made to set the tab before they the direction of the charter was mandstory, the of a que-dollar note; it might perhaps hereafter can get sway, constant fights resulting,
Draft model charter prepared in 1894 was mó form part of a Government note issue limited to A young spark, somewhat intoxicated, obiect did so as to relieve the Governor of any ros-une-fourth or one-fifth of the total issue, and in ing to the piping of an olive vendor gets ble fine ponability in regard to the sponie reserves, and that case would be suficiently met by a cash clothes spoill by a roll in the mud.
the Treasury latter of 11th March, 1884, makes reserve of 56 por cont, on the total value of the ON A man falls down in the street in a fit after it close that the duty of the Government in re notes of all denominations. time he recovers and walks away,
..
In reference to the risk attaching to the zote
A policeman at Fateban brenght before the Ford to notes issued by the Banks cannot proper game of a bank having ngawurowa branches ir al Or NEW YORK.
ly go beyond publishing the Bank statements
Municipal Connell for opening a gambling house of the arenage circulation, and the roserves of parts of the world and many of them not brea and threatening unfortunate gambler who space as they are received from the Banks. within the British domitions, the attached ststo had lost more than he could pay.
Notios of the discovery of a pearl the size of olearly the fact that the Government are in banke may be of interest.
Stress is laid on the importance of showing meat of the branches of the threo zoto-lasting a plum and of great beauty, discovered in the no way responsible for the retorna.” stomacb of a flab in Hains. The fortunate In Ceylon the spacie reservas woro periodi- finder reported to have sold it for a considerable cally published in the form shown below:- rum to a foreigner in Hongkong.
J. F. DICKSON, Colonial Secretary, B.B. Singaporo, 18th April 1987, Account of the average amount of notre in virouls FROM SECESTART OF STATE TO GOVERNOL 8.8. Birth of triplets at Fatahan the babies were tion at the tank and branch banks in Colombo, Kan only some tour inches long, and caused much in dy, Gallo, Radulla, Nuwara Eliya, Julius, Ditabala,
Downing-street, 8th December, 1897. terest in the place.
and Haldawmulla for the month ending 30th April, SIR-I have the honour to acknowledge the
A man robbed of a jade bracelet by two
thieves út Fatstar.
Nambor of cases of picking pockets at sora Cheatricals which are going on in the neighbour
hood of Fateban Three ruscals who are caught
1883, rendered in socordance with the forms of Hor receipt of your depatok No. 170, of the 28th of Majesty's Royal Charter of Ensorporation. Notes in April last, on the subject of the issue of notez
izolation Rs. 3,123,615 ozolzire of the notes of tha in the Straits Bettloniants
may Oriental Bank still on standing.
(Signed) Jas, ANDERSON, Maunyer,
PARTS
Bank Bulla, on demand
.3.81
Credits, at 4 months' right mm.â§
Bank Billa, on demand.........
751
ON
Credits, 60 days' sight BOMBAY
Telegraphic Transfer Bank, on-demand On Üalcutt&,~~
Telegraphic Transfer Bank, on demand
ON SHANGHAI
-Bank, at eight
Private, 30 days' sight
BRARES Quotations are comments
+37
3.-In view of the opinion expremed by many Hongkong and Shanghai Burik Charis-16o cortify time I have on the Sed iartant inspected of the members of the Legislative Council, Į am per cent. premium. are tied up in front of the stage and left exposed the Treasury reult of the Oriental Bank Corporation, not prepared to insist at present on a State ians | Union Tamuranos Bociety of Canton, Limited-- to the main and solid till the termination of the | and escortsiyed that the amount of spode in reserve of notes in the Straita Settlements, a mosNTO
1873 per share, ex div,
The Fromer has fallen in Shanghat, and Tonquin ad eschton Gradicats are very noderate for EB.E. winds. The weather in surrent, anal, and dump.
W. DOBEROR. Hongkong Observatory, 25th February, 1885.
METEOROLOBIDAL REGISTER
protion dty. 1.
SUNDAY, the 4th March.
For Freight or Passage, apply to
BUTTERFIELD & SWIRE, Agenta. Hongkong, 5th February, 1988. *[335 COMPAGNIE DES MESSAGERIES MARITIMES. FAQUEBOTS POSTE FRANÇAIS.
NOTICE.
STEAM. FOR
SALON, SINGAPOZE BATAVIA, CO
LOMBO, PONDICHERBY, MADRAS, VÄLCUTTA, ADEN, SUEZ,
ORT SAID, MEDITERRANEAN, AND
BLACK SEA. FORTS, ALEXANDRIA, MARSEILLES, AND PORTS OF BRAZIL AND LA PLATA
ALSO
LONDON, HAVRE, BORDBAUX, DUNKIRK, AND ANTWERP..
WEDNESDAY, the 7th Marab,
ONED, De Company Steamship
*SAGĦALIEN," Commandant. Fiasohi, with | MAILS, PASSENGERS. SPECIE, and CARGO, will leave this Port for the above places.
Cargo and Speeds will be registered for Tow don as well as for Mutèsilles, and socepted in transit through Marseilles for the principal places of Europe.
Shipping Ordars will be granted til Noor, Cargo will be recsivel a board until 4 P.M... Speci and Parvels until 3 P... on the 6th Marsh, 1888. (Parouls are not to be ant on board; they must be left at the Agency's Office.) Contents and valgs of Packages at raymired.
For further particulara, apply at the Com Four's Offic
G. DE CHAMPEAUX,
Agant. Hongkong, 4th February, 1888. OCCIDENTAL AND ORIENTAL STEAM.
SHIP COMPANY. TAKING CARGO AND PASSENGERS TO JAPAN, THE UNITED STATES
MEXICO, CENTRAL AND SOUTH AMERICA AND EUROFB; TIA THE OVERLAND RAILWAYS, AND ATLANTIC AND OTHER CONNECTING
STEAMERS..
HE Steamalip "GAELIC" will be despatched for Saa. Pranoison, and Yoko hata, on WEDNESDAY, the 14th March, at THREE P.M. Connection being made at Yoko bama with Stearners from Shanghai and Japan Pints.
ALL PARCEL PACKAGES should be marked to sddress in full; and same will be received at thr Company's Olios volil Five e.m. the day pro rious to sailing.
First-class Fares granted sa follows a To Ban Francisco... $200.0 To San Francisco and return,
350,00 available for 6 montanin.... 5 To Liverpool To London
313.00 $38.00
To other European points at proportionats rates. Special reduced ratas granted to Offoors of the Army, Navy, Civ. Barvice and the
at 10 am, ali poza.Tamperial Chinese Customs, to be obtained on
application 30,108028
En date
Garanter Temperature Hamidity Direction of ind Forus of wind........ Westberries saj Rain .......
30.17***
'3
*
48
63
N.NE.
N.E.
2
b.
b.
DOBEKER, Hongkong Cheermstory, 26th February, 1888,
VESSAL ON THE BERTH.
THE "O" LINE.
FOR BYDNEY AND MELBOURNE. Taking through Cargofor QUEENSLAND PORTS, ADELAIDE, TASMANIA, NEW ZEALAND, &o. THE DEPARTURE of the British Steamer
"MOYUNE," Captain Hogg, as above is POSTPONED un- zil Four P.M., TO-DAY, the 37th inst
For Freight or Passage, apply tai
GIBB, LIVINGSTON & CO.,
Managora. Hongkong, 24th February, 1888. [400 NETHERLANDS-INDIA STEAM NAVI- GATION COMPANY, LIMITED, FOR SATGON, SINGAPORE, BATAVIA, BAMARANG, AND SOURABAYA. THE Company's Steamship
"BANTAM
Captain Scholten, will be despatálied as above on or about the 27th instant.
For Fraight or Passage, apply to
JARDINE, MATHESON & Co.,
Agents.
Hongkery, 20th February, 1888,
of the Army, Navy. Civil Service, and the Imperial Chinees Customs, to be obtained on application:.
Passengers, who hive, pait fall fare, re- embarking at Sau Fraucised for China or Japan for vice versa) within onu gras, will be allowed a disecunt of 10" from Return Pare This allucence dose not apply to Hirough fares from China and Japan fri Engin
Freight will be receivor" nu board quáji 4 v.m. | De dormrevious bi sulling. Parool Packages
will be received at the Oes until 5 P.. yam day; al Parcel Packagini should be marked to address in fully entee of satne is squired.
Consular Invoices to
ompany Cargo destined points beyard San Francisco in the United States should be sant to the Company's Offico in Sealed Burvelopes, addroseed to the Collector of Customs at San Francisco.
· For furthur information as to Passage and Fraight, apply to the Agency of the Company, No. 50A, Queen's Road Contin
O. D. HAEMAN Agent,
13 Hongkong, 14th February, 1898.
NORDDEUTSCHER LLOYD,
NOTICE.
STEAM FOR SINGAPORE, COLOMBO, ADEN, SUEZ, PORT SAID, TRIESTE, BRINDISI, GENOA, ANTWERP, BREMEN, AND HAMBURG,
PORTS IN THE LEVANTE BLACK BEA AND BALTIC PORTS; ALSO, LONDON, NEW YORK. BOSTON, BAL- TIMORE, NEW ORLEANS, GALVESTON, AND SOUTH AMERICAN PORTS.
AT
THE COMPANY'+-STEAMERS WILL CALL
SOUTHAMPTON TO LAND PASSENGERS AND LUGGAGE,
N.B-CARGO CAN STAREN ON_THROUGH BILLS OF LADING POR THE PRINCIPAL PLACES IN RUSSIA.
1956, at Foul be the Company's ÎN MONDAY, the 190à day of March, Steamship" SACHSEN." Captain. A Jaager, with MAILS, PASSENGERS, SPECIE, and CARGO, will leave this Port as above, CALLING AT GENOA
Shipping Orders will be granted till Noor, Cargo will be recaired on Board until 4 P.st. Specio and Parcels until 8 P., on the 18th March, 1888, (Panels are not to be sent an Board they must be left at the Ageney's Office). Contents and Value of Packages are required.
The Steamer has splendid Accommodation and carriss a Dostor and Stevurdusk. For further Particulars, apply to
MELCHERS Co.,
Ageuts
Hongkong, 20th February, 1985.
FOR HAVRE AND LONDON. THE A 1, British Bark
"EME,"
Wm. Suowers, Mustar, wik lond Ears for the above Parts, and will have quick despatch.
For Freight, apply to
ARNHOLD, KARBERG & Co.
[270 Hergkong, 2nd February, 1988.
FOR LONDON.
Passengers, who have paid full fare, re- antarking at San Francisco for China or JapsaILE 3/3 L. I. I. GermanBarque (or vice versa) within one year months, will be allows a discount of 10 Thir allowance
"SENTA,"
7
does not apply to through fares from China and J. Tiemann, will load bere for the above Port, | Japan to Európa.
and will have quick despatch. Consular Invoices to moɑompany Cargé den- For Freight, apply to
time to points beyond San Francisco in the United States should be sent to the Company's Offoes, addressed to the Collector of Customu, San Francisco.
For further information
Ent
MELCHERS& Co. Hongkong, 4th February, 1858. 1283
POR LONDON AND KAMBÚRG.. THE 3/3 L. I. L German Ship
to Freight T
or Passage, apply to the Arency of the Com. pany, No. 50A, Queen's Road Central
0. D. HARMAN, Agot. Hongkong, 26th February, 1889,
— FOR LONDON AND HAMBURG.
THE 3 L 1.L. German Bark
"DOROTHEA,”
H. T. Moeller, Master, will load here for the abore Ports, sad will hava quick despatch.
For Freight, apply to
".
ARNHOLD, KARBERG & Co. Wongkong, Sud February, 1888
FOR RAN FRANCISCO.
TH
[HE3/3 A: I. L. American Bark
"FRED. F. LITCHFIELD,"
1269
"THEODOR RUGER”
C. Mayer, Master, will load hore-for the above Ports, and will have quick despatch.
For Freight, apply to
ARNHOLY KARDERG, & Co. ·-
1170 Hongkong, 19th January, 1883.
FOR LONDON (DIRECT). HE A 1. British Bark
"RIALTO
J. E. Payne, Master, will find here for the above Port, and will baro u kdaspatol.
For Freight, apply to
PUSTAU& Co.
1271 Hongkong, 2nd February, 1838.
FOR LONDON (DIRECT) THE
Captain O. C. Young, will Yoad hare for the 3/3 11 British Ship abere Port, and will have quick, despatch,
For Freight, apply to
"MADEL TAYLOR” Thon E. Durkil, Master, will 'load hors for the abore Port, and wil have quick despatok. 1362 For Freight, apply to
CARLOWITZ & Co.
| 120 Hongkong, 10th January, 1888.
MELCHERS & Co. Hongkong, 18th Fobrany, 1889.
FOR NEW YORK..
♫ 18E 3,3 AI. L. American Sbig
(387. .." PACTOLUS,”
FOR SINGAPORE, HAVRE, AND HAMBURG, VIA SUEZ CANAL. (Taking Cargo at through rates to ANTWERP, AMSTERDAM, ROTTERDAM, LONDON, LIVERPOOL, and BREMEN,) -
THE Stoumslup
CASSANDRA,"
TheBurnham, Master, shortly axpected- here," ZE E will load bera for the abors Fari, and will have. a quick despatch.
A
For Freight, apply to
FOR SAN FRANCISCO.
PUNTAU & Co. Hongkong, 25th February, 1893,
וך
THE 9/3 LII American Ship
for
...
Captain J. Behrens, will be despatched the above Ports FO-MORROW, the 28th inst.,
at TENA..
For Freight or Passage, apply to
SIEMSSEN & Co.
Agente. Hongkong, 20th February, 1888, 1374
̈“GREAT ADMIRAL,”
SUNG *
COAL MERCHANTS,
have always on hand
LARGE STOCKS OF EVERY DESCRIP
TION OF COAL. ·
413 Addresa Care of Messrs. Kwong Bus & Co
No GS PRAYA.
(650
J. F. Bowell, Master, will load here for the above Port, and will have quick despatch.
For Freight, apply to
·RUSSELL & Co.” Hongkong, 22nd-February, 1888. ***
If you
wart JAPANESE GOODS at
Keasonable Prises
Go to CASSUMBHOY'S STORE, BRACUN FIRLY ARCADE,
A Large Amoriment of New Satɛama and other Ware, Bronien Tea Servives, Screens, ko Now and Spoond-hand FURNITURE at
Lowest Prices.
125
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