INTIMATIONS- BROWN, JONES & CO. DHALKES IN
AMERICAN AND ITALJAN MARBLE AND HONGKONG GRANITE.
CEMETERY MEMORIALS.
Designs and Prios en application. Offse, 47, QUEEN'S ROAD CENTRAL
NOW READY.
THE
HRONICLE
FOL
[2057
AND DIREC
IRECTORY CHINA, JAUAN COREA, INDO CHINA, STRAITS, NETHERLANDS INDIA, SIAM, PHILIPPINES, BORNEO, &o., L
WITH WHICH KEN INCORPORATED - *THE CHINA DIRECTORY
AND
THE HONGKONG DIRECTORY. and Hong LIST FOR THE FAR BAST.
KINGKONG DAILY PRESS, WEDNESDAY NOVEMBER 17mx, 1887.
On Monday, arening ELM Sir Willis honour of the aridketing wire. A larg Robinson gato a dance at Government lodse s number of guests were invited and the evening Than very enjoyablo tua. The grounds: ware wo largely pvaliod of for procensing bo prettily illumiantor with cutoured lanterne end, twon the dancer,
MURDER
TURES ARRESTA,
office who have followed the cours of
We take are the frames ta goid smudart countries, $33,119,000) án Zoltow
United Kingdom, Burtyn, Amerist, and dur trulu, Znorcure £17.5.14,000—37 per cent
33-Thero countries are our chief customers for Straits Produce, no called,
34 -The dollsr fptals if converted Into ater. - ling, viz.
1800 846,150000 i 6/54-47,959,00
that it tasre should be anything wrong, it i ba nimittel that the effect of the decline in ita consideration, 2
be taken
rosponding fall in the gold, value of produce in thoroughly apsat aid disorganise this business, Europe and elsewhers--bas, undoubtedly, been end, fevin a murchant's pohit of view, there san to enormensly stimolate production, and this be no doubt that the elimination of this element bas saturally been a souros of proft to the of uncertainty would be generally kailed with colony, and to the Peninsula, although the in much satisfaction dividual producer may have suffered. The sub 37 - The producer las mvoh diffenity to son- committes hard therefore to take this into contend with from the same cause, as will appear- sidoration in thote recommandations, and, li from Appendix D. which shows monthly prides suggesting Axity, the alm should be to give this frota 1800 to 1800 of the leading articles of pro-
rtides of dollar suele gold yaine er ruled when the trade | duce, of the colony was in the most flourishing con- Netherlande India, Increase $14,750,000—83
to twelve million dollars in-ofreutation al
THE GANG ROBBERY AND, new alto for this battery is situated on produce sold by them, and that they therefore the present time throughout the colony and
the east side of the Olyers starý dan and was allere, have benefited by the decine; but it Federated Sintos. A portion of this silver
biller site could ant be desired. The contract the course of prices from 1990-1806 (Appendix the dam is concerned. The time allowed in producers have not exly met benefitted, but are Sicutor the work is very satisfactory, so far as D) is studied, it will be seen that, on the whole, would he required for the coins of the new tokon dollar, say $2,000,000, lng a be-
As belody reported in our issue of yesterday, which to complete the work is 1f wooks, a fine netrally in a worse position, with a dollar below * grug robbery was committed in a firewood being impossi für each working day over that -2- than they were when the value of that voin lange ithidestinate is correct, of 10,000,000
dealer's shop in Bond Street at 9.30 on Monday time, and unless the pontimotor is exceedingly was above t to be ultimately sold as bulion. Supposing Daily Nece regret ( unjuries night and one yongg tus vis mudoged. Pour Cartuzato both the time and money will be
'short trongly, G the price realised was only la. 8d., the the deal of Captafu Nall, who for many years en armed with revolvers, cutore the shep
a the Blgapore, prodače markets Haring the 1838 68,964,000 at 8,062,000 The whole of the work bas to be carried out period referred to, cannot but admit that prices alieno marked decrase whereas quantities loss of 6d. on each dollar would amount to commanded one of the China Merchants: 8. Nacia Bith man kept watch at the door. They in workmankomsuner and to the satisfpotion are, feally only temporarily affected by any appendix E) slow s rarr large increase in £250,000, or $2,500,000. On the other gould show a record of continuous series folder for the accountant to hand them the key of be takau, o hare the work carried out rise or fall in the roles of any article of pro-in dollar totals, it is car opinion that more worke
Costumers. Indeed the late Captain NB pointed thoir werpens at the people inside, end of your manager or any other person he may fnotations in Brokangoo, that a sudden, almost all the leading artiglas of prodson. hand the Government would be saved fur- out with, for he joined the Shanghai Steam
"appoint to supervise the work, und every cars drop, or a ripid rise, misruly cause & teviyorary B-Although thandigaros skewan increase ther loss in regard to its sterling payments Navigation Co. a mate in 1874, and has over the aude. While this was reing on, one of the in the bort matter prasible. On the cont: dupe, and thist, eventually, prios do teadjast is being done for less proft, or st all ovents ini erchange compensation. If the dollar sin han in the employ of that line and its persired, to got to thepletion of the re erection be bas to run the themelos soaring to the usual inve of Bup without any corresponding increase of pinat fell to 18, 68. this loss in the present cur-3
first door, where there was a door communient machinery during a portion of two days, so ply and demand. On the other hand, it has to ; vnd the higher cost
The Outta Asuhi imports that the Osako renog would be lucreased by $506,666, the ghosen Kaisha has received a telegram, datot
ing with the homme in the rear. He bet will have to be put right before he received ershango-inoze rapid, as a rule, then the noc 50.--The constant factations in exchange. Chinese district watcburan in the side street, inving of which would represent more than the 30th ult, from its representativo i London, told him of the ecurrence, and went in goarch 20 per caut. per annum on the cost of con-announcing that the insurance oflige "which of the police. The watchman instantly went voreion. At that rate. the loan which it ia colfion of Lisbon while on her way to Japan, inenred the Tathoki-mar, regently sunk in
to the scans, but being marned himself proposed to contract could be very speedily has won the case against the owner of the
did not dare to arrest any of the robbers, paid off. The figuros given by the Cou British steaner Exelbourne, which collided with His presence, however, caused them to beat Tan-Pr2TY-FIFTH ¬ÂNNUAL ISSUE, which will be found, as hitherto, more fall and mittee cannot, however, be accepted as con- the O. S. K. stemmer.
the Tick, claming daumges for the less of a busty retrant but they manged to take scontate than its predecessora
elusive. Instead of ton or twelve million
away with thom 817 in money, a diamond ring, Royal Delave Complete with MapsandPlanadollars only being presented for conversion General Waug Tek-shong of Tientsin, on bis dad a roller down the street,
There has recently arrived at Shanghai onda gold wich. To sence of parent they pp. 1,940, $7. Directory ouly, pp. 872, 30.60.
it is possible ahnt double or treble that way to attend the army manoeuvres in Japan shots hit a lad of foartean, the bullet entoring uumber might be forthcoming. On the this month. General Wang, who is accompanied at the back of his right shoulder, and passing by First Captain Wu and Sooond Captain You, free of it the estimate looks dangerously of the Chibli army, was a graduate of the out of his left breast. He died instantaneously small, and experience shows that such Spandan Artillery School in Germany, and now The police were Informed of the crime as zoon estimatas aro generally exceeded. A case during the ex-Viceroy Lis time constituted
commands the foreign-drilled battalions whitebus pessible and happily three arrests were made in point is that of the redemption of the H.E's nous body-guurd.-N. C. Daily News brothel in Kwai Wa Lane mud the gold watch at 12.30 ain. The men were arrestel. In a Corolus dollar, mentioned by Mr. OTTOMAR HAUPT the other day. The Government
and $60 in money were found in the house. WHOLESOME CONFECTIONERY we prepared for the rotury of only about Go million dollars, while in reality no less than 109,344,000 wore prosented. The same thing might, ho repeated in the Straits. The quicker the conversion is effected, honorar, the less likelihood is there of coin in circula.
FOR 1897.
THE
HONGKONG DISPENSARY
has just recsival Pres¤ SUPPLIES of
AND
DELICIOUS SWEETS.
of the Hammer QUALITY and PURITY
These incbals--
CADBURY'S SPECIAL CREMES PATE D'ABRICOT, JORDAN ALMONDS
PRALINES.
DESSERT CHOCOLATES,
NOUGAT, FRUIT JELLIES,
ASSORTED TOFFEES,
MIXED BONBONS.
FRENCH
SONFECTIONERY and CONSERVES
in Large Assortment
from the LEADING PARIATAN HOUSES.
CHRISTMAS AND NEW
YEAR CARDS
FOR THE COMING SEASON.
A very choice selection from the best scores. All of tasteful and novel designs.
A. S. WATSON & CO., LIMITED,
THE HONGKONG DISPENGLEY,
Establishel AD. 1841
Tientsin, on the 2nd November to bid farewel A conversazione was held at the Gordon Hall, to Mr. and Mrs, Edmond Cousins, Mr. Copane has buen Chairman of the Alanicipal Counci! and of the Chamber of Commerce, and, as stated in the address presented to him, as a leader, exporter, or originator, in every work under tabiu fer the pantic weal in Tientsin for many Fons past he has displayed his parsenal or callension, and besides, a public spirit, an obility,
HONGKONG
FOOTBALL.
One the
THE STRAPS, SETTLEMEN's AND SHANGHAI, •. At the Happy Valley yesterday afternoon floogkong met The Straits and Shanghai at football antar Association rules. The follow. ing were the tennis:
HongkongJ. R. Gillingham (good), W.,
W.Y.K., H. W. Sinda (Capt.), F, H. Kow (balt- backs), E. F. Mucker, A.B.M. Hood, H. B. Moberly, 11. H. Logan, and R. F. Nobla (forwards).
bis certificate stating that the work has been rompleted.' ‚ ̈·
Had this work beon lot during the winter months the time would have had to be extended to alleret six months and the pripa world have been zerosiderably higher. Contractors for this class of work always allow a considerable margin both of time and money for wet weather, during which they can do little or no work. THE PERAK SUGAR CULTIVATION
CO., LIMITED.
anna, general meeting to be held at the often The following is the report for the twelfth of the company, Shanghai, on the 24th Noven
or
dition as regards volume of experts for cont
9-From the trade statistics yablished by: Government, and from the Singapon and Poussg Exchange Market Reports, the figures given in the various appeadives have been taken, and the following remarks are based thereon
8-Appendix F girça aome deusils rogarling the movements of varions articles of produce exports of thou articles in cuch yost, from during the yours under rovlow, and the tocat 1890/1806 From those gues it will be seen that the year 1996 generally shows the largest
cores a period of only eight months; the reseon
The report now presented to the churchstdersports, and the arrage value of the dollar for
that your why on nearly as possible 2/25 For cobert a sonson los in the three months' aziersion which was required to work off tho previous erop under circumstances which were explained in the last report presented with the interpolation of this short season matters return to normal conditions as xogurds oroyping perioda.
CroftThe area cropped has been 347 or lougs which has produced piculs 27,883.42 of sugar, or an average production of plouls 29.4 per orlang; the caves cut in the early part of the season ruturned a very low yield owing to a tuoress of $ 44,781,000 the damage done in 1898, and it was not untû rivolet. The qualities of sugar inde havo hopa
ID--Imports (Sperio ozeluded) have izorensed as tollow
1890, 8141,435,000. 1300 $180,196,00
This expansion of trade with a gold stand- and country, in spite of the decline in the valua Java having required to import rise to compen of the dollar, is. In considerable measure, due to este for short crops, and, in some further mea mure, the increase is doubtless also das to the advantages of our natural position and shipping Enbilities, olrezily mentioned in connection with our import: trade with Notherlands India.
British Indin, Forense $840,000—17 per cent. 39 merely shews that a depreciating dollar has given us but little assistance in this direc fion.
Turning to the frosseto Silver Standarī Countries, $11,010,000
It may be remarked that the increase, with exception of that in the case of the slay Peninsula, have been insignificant and require little comment.
Maldy Fraineula, Inereva 48,033,000=78 per
cente
ion outside the colony being imported. In en industry, a tuot, a judgment that are boyendaLaymon, S. Deacon (back), J. W. Crowley Mey that anything like a normal yield was ar- of this only $ 12,624,000 war from gold stand corresponds with the iveresse in Imports
Pris.
"He and ocuntries (77 per cent). in the proportion of Z4 No. 1 to 25 No. 2; the the remainder & 98,564,000 being from silver 43 Hongkong and Ching, Increase $1,140,000 aet prive realised has been $5.60 per picul
me standard cuantries, |--11 per cent, Plart and Machinery-The repairs and addi- Straits and Shanghai-J. G. Mactaggart
=== 8. 46,168,000—34 per cent. (the Japan, Increase 5431 00-499 per cent, (go), 4. J. Woodroffe, J. Mann (hacks). Ftions to the factory referred to in the last report slight difference in these figures being chased 43.—Is resUyofinsignificant volume although Wallace, W. Tallet, A. Stewart (half-books), have all been completed, and the manager reports by the omission of the Inter Settlemonta trade the percentage is large. R. M. MoKenzie, T. 1. Hubback, G. P. thut everything is in first-class order.
British North Bornen, &c., Incrast Funtasy (forwards) Stevens (Capt.), A. E. Lonning, and H.
Taking first the increase from gold standard|| 9592,000—30 gier cent. 2- countries 312,624,000,
bajo la Bjam, Increase 32.387,066=29 per cent. United Kingdoni, Europe, America, and Aus
The back of topurts consists of Euro- tralia, Incriate 3901 000–3 per tant, pear goods and ought to have increased 37 per -11.—-Tals becomes a decrease of 34 per cent, cont; to have kept poes with the dopreciation of when the difference in oxchango between 1890 the dollar. (93. d.) and 1996 (224) is taken into as
45 The use cass is probably at work here As mentioned in our reference to this import trade from Encopo, xls, the inability of cor- smers to pay the increased paiços required 47-It may also be that Siam is now import by the fall in exchange.
formerly ing direct from Europe to a greater extent than
this respect Japan made a mistake, the rotice given of the conversion and the time allowed for the presentation of silver yen being too long. As the silver yen were not token coins
and did not purport to represent anything store than a certain weight of silver of a certain Gaoness Japan was under no moral obligation to redeem in gold such of the csine as were circulating outside her own boundaries, Unfortunately for herself she gave notice of sich length as allowed of the coius being collected over the whole area in which they were in circulation. It is not intended to make the same mistake in the Straits, and probably only a few days! notice will be given, which will effectually prevent importation. In Hoogkong wo are not en favourably circumstanced, for been given at the Volunteer Headquarters last The Fremonade Concert which was to have notice of even only a few days' daration night in honor of the cricketers had to to would admit of importation from Canton, postponed until this evening, ut nine o'clock, on account of the wet weather. Should the and no one could estimate the number of weather be gain unfavourable the convert will silver dollars of torts that might at short be held in the City Hall. The decision of the notice be-raked together in that city if the ally reluctantly given, but at five o'nlock the
Committee to postpone the concert was natur combination. business offered a profit of a cent or grass and chairs were wet, and as the weather two to the dollar. This uncertainty would still looked very threatening the committee had have to be taken into consideration in optics in the matter. It was fortunate the Cohort was postponed, as between fixing the rate of conversion. Ten dollars nine and ten o'clock Just night min 4o the sovereign would of course be the most
fell hoorily. Elaborate arrangsnes hare convenient ratio to adopt for purposes of and we trast, the weather, will not again prove been made for the illumination of the ground account keeping, but the colony could not an obstacle to a fine display. The programme afford to pay for the convenience if silver is a particularly good one and the public may offered a montorial fall in the meantime and rely upon a rich tinzibal, treat as well as nu in the ball and it dropped between the posts. The mayomant, cousilerable economies buve been trimatol to the tendo of the colony.
teresting gymnastle and military dispiny
Labor Mations in this connection borse) very aterially improved under the now manage sut, and a full supply of coolics Las been maintained without diffcalty throughout the Pistato Extension. The total area now opened is 1,703.75 crlonga (say 9,272 acres, of which 130025 orlongs are in the Company's hands. count. the remundee heing lased to Chincao.
12 — 8lors 1898, a further fall in exchange, of Water Supply The work of connecting sheus 17 per ceu hus ocotitred, and if, follow completed, and the farther extension of the years, the trade orentnra ia dollars does not the ostato with the Kurau River has beening co the experience of the previous seven factory and onlie lues, is ising pushed on as atarling value must be expestod in our import canal in order to supply fresh water to the incredes, a still farther falling off in the
rapidly as possible; the completion of this work trade with these countries
Cochère China, Decrease $382,000—63 per cent. will bring great benefit to the estate,
Kl-le importer of Furopese goods hu 48.—Thisapports to be the only country with therefore oily just maintained his trade as which the trade of this Colony shows decrease, measured over, in dollara, willst, his margin of sad this is ing, almost entirely, to the archibi- lity to pay the increased prices required by the 1992 profit has shrunk through the consumers Lanbitive tariff of differential duties applied ainoo. fail in exchange
we might have to be satisfied with fifteen dollars to the oversign. So far na Hong kong is concerned currency conversion is probably still in the distant future, for the balance of opinion is as yet adverse to such a ensure, Even those who are most strongly opposed to it, however, cannot refoeo to recoguise it as a possible contin- goney, and in view of such possibility, and in order to be the better prepared to meet it should it arise, it would be suly common prudence to prepare for it to the extent of legislating against the circulation of chopped or defaced coin. This would be a desirable reform in itself and has often boen advo cated before any iden was entertained of a possible change of standard. It becomes still more desirable now, AS it would be an essential preliminary 10 a change of standard, in order to provent all Orders for entre copies of BALLY. PERES should be rounding country being dumped in the ent before 11 am on day of prilicasion. After that colony. It is illegal under the existing petere in ppted for Cash-law-te deface the British dollar, but obopped Mexicans are still current and if of due weight are legal tender.
Hongkong, 28th October, 1897.
NOTIOR TO CUSHESTONDENT:
192
Une communiacs relating to thents turns
nb teid be addressort to Tan EDITOR.
unrespondentemust fontanitasirname and address with communicatione addressed to the Editor, not for publication, ou as evidence of good faith.
Als letters for publication should be written on one side of the paper
The sonsonby aged contrinirations that he
already appearod in other papers will be insorted.
hour that is limited.
10 Bus.
Only
Telephone No. 12
MARRIAGES
Löde,
On the 1st November, at the British Consulate, Nagasaki, by J. H. Longford, Esq. F.M's Consul and afterwards at the English Church by the Rev. A. B. Hutchinson, RALPH GEORGE ELLIOTT FUR STER, HI.M.'s Consular service in Japan, to Lounge, elder daughter of the late Laune JOUBERT, of Mixe Aurali, Egent
At Chef, on the 5th Korenver, 1807, at H.M. Consulate by L. C. Ifopking, Us, and afterwards a. Antic's Church, by the Rev. H. Mathews, FREDERICK WIZAM J., elde bon of the late
Car, Jolly Gopelt of the Imperial Chinese Navy, to JANE FANNS, eldest daughter of the late EDWARD FINCH OTTAWAT, of the Imperial Maritime Cas tome, China. AMER
DEATHS,
At Foocho, on the 8th Netan:ber 1897, RALE GRACEY, the infart son of Mr. and Mos. HESR SLER, aged three mentis, "
At Shurghai, on the 9th November, 1837. J BARA JOVE FRE-infant daughter of FRANCO
The P. & O. stenmur. Jagian, fram Ching arrived in London on the morning of the 15th instant
A sutions ezes of stabbing was before the German Court st Shanghai on the 8th Novem❘ ber. A Baca named Reimarok, belonging to HLG.M.9. Arcona, vas oliarged before Dr. Schrameter with dangerously wounding a 'rick the scolis by stabbing him with a knife, in the Kisagie Road. From the depositions it appears of drink at the time, ind boon riding in a that the consed, who was under the influence richs, and when asked for payment, retorted: A thick drizzling rain fell during tho fret by stabbing the coolio in the back and thigh, half of the game and many of the spectators, Road hospital, where his wounds were found to wise to leave the fell. Hongkong kicked of The injured man was removed to the Shantung pongab whom were several ladies, thought be of a dangerous antare. His assailant was at ten minutes past four, the combined arrested, and after an enquiry had boen beld on ten playing with two meu eliort, Wallure board the ship, be was hunded over to the Con- and Talbot not having turel up. The game salar authorities to ko dénit with. It is act was very brisk, Hongkong turing
their thought that the unfortats colis's juries opponents severely, but the latter stubbornly and the prisoner stands remanded for the pre-were obtained, the bomo team failed to se910 will prove fatal, but his deposition was taken, dended their goal, and though several corners seat.-N. C. Daily News,
At one time, however, Moberley made a beauti ful gross shot: puto the not but the point was side. At this point the combined team obtained disallowed on necont of the payer boing off
New Crep. The prop under cano for the ansistance of two soldiers, who valunteered the ferson now commenced is 1,248.50 or- their serious. The chance that became more by Chiness: this represents the largest longs, of which 228 orlongs are planted equal, half-time being called without any goal. having boun scored. Upon resting the gate with which the Company bay, yet hul the hous tens showed some skilful forward dealing with it within the welst months; the to deal, but there should be no diffealty in The ball was sent over to the ex- treme left, where it was secured by flsburley, who rainfall throughout the year, and the prospects Estate has been favoured with a satisfactory wet down the wing, and just as he was being for the season are vary favourable. The whole rushed upon by farn, ho inate a short pass to
of the new season's sugar has been sold at an Nobis, who shot the ball into the net. The combined team then rallied and gradually got wage price of about 85.85 per pioul
to their opponents' ground, but in so doing eight months show a profit on working account of Accunts. The accounts submitted for the kft their own tomitory near the pool unguards i
T. 20,402.40, which is transferred to profit and getting the tail away, dribbled down the centre Crowley, who saw this, watched his chanes and
Foss a cennt, the debit balanco on the account, baally making a straight shot for goal: being reduced to Tls. 7,156.07 The directore after being charged with debenture interest, taggart lifted up his hands but failed to hold are glad to be able to state that, under the new
Baplanade in Sugapore for the erection of the In connection with the proposal to use the Now Town Hall, and the rights of the two Clubs who as it, a Singapore contemporary draws attention to the fast fast Clubs who uso the Meiden in Calcutta are only permitted to orect tents, and now, hi order to vindicate the pride of maintaining the space absolutely unappropriated an order has been rands that all tents, fittings, and furniture are to be periodi cally more. Long tenancy has been aan sidered by some to give prescriptive rights to particular sites, and to vindicate the principle that the Clubs are there only on sufferano, this order has been made. Half yearly licences have also to be taken out, and it is proposed to canine Clnte tu cortain portions of the Maidan. Note of some of those principles might be taken in connection with the Rocreation Ground at Wongneichong, where there appears to be some danger of public rights being whittled sway for the benefit of particular juterests.
made two goals for Hongkong, and who lime. was called the result had not changed. The home team sherred better combination; but it stond be mentioned that inftividual carts of several of the visitors were exceedingly good, MicEsuals a particular giving a brilliant dis
day of dribbling play,
OLIVERS FREEHOLD MINES, LIMITED.
The General Manager, Mor John. D Humphreys & Son, have retired the following report from their mining maangers by the steamship Tation
Hount Macdonald, 22nd Outober, 1897, Eureka Main Shaft sunk daring fortnight 9 feet) total 276 fest. The rest has orased over to the west side of whatt as shown in plon, and we are now sinking in country rock” and goud progress will be made, and the work of sinking he completed in a short time when we will procood to open ont in the reef at the 300 foot level.
offented in the Company's expenses.
Directors. Mr. J. R. MoMichael retires in witation as required by the Articles of Associa
tico, but offară bimself for re-election. Ma
AuditorMr. G. B. Wingrove again offers himself for re-elastion.
CJ. DGTON, Secretary. WV. DRUMMOND, Chairman. Shanghai, 11th November, 1897
་:་-་
THE STRAITS QURRENCY REPORT The following is the report of the Sub-Com. mittee appointed by the Committee of the Singapore Chamber of Commerce "to enquire. ut the local Currency with the view of calling attention of Government to the question of converting the Simits Currency to a Gold Standard -
Singapore, fibh November, 1897.- 1-The committee of the Chamber having at their misting on 25th August, ananimously expressed an opinion in favour of the desir ability of fixity of exchange, we, the undersigned, were appointed a sub-committee, ngd have con sidereal the question, with the view of bringing before the Chamber such evidence and arguments as may appone to bear theroon, and of suggesting some scheme which may be laid before docera
expenditure, and ins the present condition of 14--Ho bus farther to reckon with increased
all further and speedy doctus of our once affairs has become inately sorians, and points to Hourishing in part tande with Barons, a position of unitors for which, in vow of the importance of our trade with the mother country, an early 15 It may be here mentioned that, with the and the rough remedy should be devited, view of meeting the inability of the native con- sumer to pay suffleloutly bigh pries, goods of geure, are now being more freels introduced, lower quality, and of reduced weight and fentare likely in the long ran to proyo de
Netherlands Indio, Increase 56,528,000-24 per cent.
Reviewing the chore trado statistics, our that the best interests of trade in this colour. dedictions therefrom bring us to the canelazion
the value of the dollar is fixed at a suitable rate would be served by fixity of exchange, provided
50 We believe that a dollar fixed at a gold value of 2/ would not handicap our export bade. We believe also that a dollar of this faining, at somewhere nor its prosent extent. fixed plus woud considerably assist in mast our import trade, with gold standard countries
particular, whilst at the same time this. bist cost of living storld not be farther fixity would give to the consumer the advantago inorensed by the depreciation of oil vou
colony, apt nlan to tius Federated. Melay Sletes. There is alrandy much necessity for the rextern- ion of that confidence which should the to investments in these parts.
51 a point which to thine deserving of very grate covelderation. In this matter, is the protection which inity of orchange would 16-The bulk (the Appondix G) appears on assure to the large amount of European cerital exports to other gold standard countries, having already employed in the trade of these Settle merely pasad through our hands. Ead theents and the encouragement which it would. quantities and gold prices of thess imports offer to the introduction of fresh capital to the. remained stationary, they would have shewra an Insrenss of 37 per cent--the difference Luer obangs botweak 1890 sd 180wering the inezease is only 24 por esat although the quantities in were distinctly larger than We therefore give it as our opinion, that In 1890,
NISI o fired Sterling value of £f, for the dollar would 17. It may further be remarked with refer benodt the trade and general interests of this soca to our import trade from Netherlands.colony, and we suggest that the Committee of India, that the increasing imosrtunity of our the Chamber of Conmerte mave, to obtain
change appears to be neutralising the ad fixity at that rate antage of our natural position sad shipping-Our object of our investigations has been facilities, and touding to prevent the trade from to suggest, if possible, some means by whioù coming pani Jays and Celebes porte. With brity of exchange can be attained. It will ho Axity of exchange, this trade shout be capable spparent to every one that ne reliantë, ear, ba. of enormous expansion, in 1896 it reached paced en silver as the basis of our currenpy $27,824, CO out of our total import trade of We are of opinion that a fictitions ya no to our bmw milver ourrehay, brought about by the contrad- 3186,196,000 ENDRA
British India, Inbrense $6,155,000—2d per cent. tion there, in a course which certainly could 18-Slewing that we remain bayora of their not be maintained with esfety or advantage.
„54—A gold standard lining the only one which. prodnele in spite of falling exubano. Opium, guies sad Laban, food stuffs are absolute promines stability, we advonta the convercion neganties, and must be had of any cost of our pitsent currenes to a gold baxt bigher rate than the present dellar value, would 19-Fixity of exchango cepecially if at a
proceed to suggist, for the consideration of the
55 — Hasing strived at ttia conclusion we now-
undoubtedly benefit. the trade with British | Chamber of Commerce u scheme by which thic Indin NY
change might be brought about Wo wow come to the increma from silver
Proposel standard countries, $32,565.000, 2005
Melay Peninsula, Increase $16,712,000—77 pos
We believe that a petition signed by every
The wines at 200 fest level senk 13 feet, member of the Customs staf is now in course frame sete put in, windlass and brace fized, bot of trainission to the Inspector-General arts and all other work with exception of stuk for a revision of the parent treshedly sunding rain sheff will have to be suspended until the chopped telface of Canton and the surguste scale of pay. It is bolierell that the I. G after orashing oporations have been resumed,
ment, by which fixity of exchange may be has already dialed with the Teang-li Yaren Overy place being blacked up with ore ready to
attained. restore the service, to something Uke its ol the urgent necessity of doing something to send to grass,
Mixing Tenement 18-Bhaft aunk 36 foot. The immediate occasion for the appoint. respectable footing in the way of pay, feiling. Have now started driving for shoot of sinement of a sub-committee is the very sudden fall in the value of silver during the months of
for a Gold Standard for the Straits Settlements. whip there are everywhere signs of its going refereed to in lust report.
166-It must, we think, be reêngnised that it to pieces. It is aid in Peking that the Yamen G. L. 105-Underlay shaft ranka total of 58 July and August, the apprehension that a
will be impossible to clangs mer currency from thought 20 or 25 per cent, increase would feet. Reef sure size and quality as I ro. furthur fall was by no means improbable, and meet the pare, but that the 1: G. insisted upon ported.
that the metal might become too low in priać,
All imports from the Peninsula neces Bilvar to Gold without primary cock to the the urgent necessity of doing much wora and A site has been selected for a new shaft and too unstable, to scrre any longer as the sorily passing through the ports of the traits Government, although that cost, under the calonisting the Hajkwan tauls at on, something 600 feet worth: the Mais Eureka shaft stander of value for the currency of the Settlements, these figurent Zegarye particular scheme which we are out to suggest, should like its former value, azt at this rate, unless on what was formerly known as the Woo Sittlements
• attention, shering as they do with exceptional be amply compensated for by orbsequent gomothing unferescon oconus, it is likely the oorloo Mine, which was the richest of In this connection me may refer to some of clearness, the developtiont of a country under advantages. As for. 83. 170-310 Aware, in no future pay of the service will be ecloulated, all the small mines. on the Eurola lino d
the effects of the continious fall in sterling the infuence of's depreciating outreach focuntry has the changá, from a river to e which will men almost doubling the present cerf. It is stated that the roof cat cut at exchange.
21. The increase is largely due to one article, gold standard (and there, bays been many suot pay, of grery man in the I. 3. Castoms service between 60 and 70 fost from the surface, and We trust that the Chinesa Government will allowing for the southerly dip this oors
fa It has brought about a corresponding ad Ataly, Tin
changes within the past 20 years) been made. rence in the dollar price of almost all imports, 29.—The condition of the tiu industry in the without cost to the Government making the nors particularly of those from gold standard Native States being practically the measure of conversion. In our view, the burden involved raise zo forlich obstacles to the adoption of some ponds exactly with calling out of the reef in such e revision, for if they do they will find and the Eureka Mine. In the latter on it occurred countries The cost of living has thus book their prosperity of adversity, some enquiry into or any conversion must necessarily be borto by- many Jezus that the only salill support you at 120 feet. Thors will be no water to contend greatly increased, and all classes have foron more the circumstances of that part of the population dorerumont as prespting the whole com- whiols they have been wont to lean with cor- with in the new shaft and it can be opened up
or lass affected. Those who have felt it most, coprenient on this industry, may be instrmolive.. | Manity. Any attem Losarle demienelising fidence for so many years has become loose and
to a bonsiderable depth with horse power. It is and they form a very important seytun of the 23-It is allegod that tin miners in the existing currenos, without due provision being disorganized and indo at any moment to fly to proposed to sink and open tip at a depth to cor community, are the employes European. Nativo States were more prosperous in 1990 made for willdrasing the solo so demonetized pisces-China Gutie
respond with the 150 foot level on main laft Durasian and Asiatic The former hate of than in 1890, and that any temporary advance would lead to disastrous comits amongst the and connect the two. This will opez ape lang crores, suffered more severaly, their wants being in the dallia mica, during that period was less enlightened classes of the population
are numerous, and supplied largely from gold couutste by more than corresponding Currency Commission of 1813 was divided into *~07 — the opimim of the membersofthe Straits Sites are also being audosted for a shaft to standard countries,
ingresso in the cost of labour and food, and was. cat lho Green Baud in the Freehold and sise (b) e necessity of an incrasse of remunemist through over prestation 1 1808 ny those who wished for a dollar following the for on to strike the "Lucky Hit, or what is now tion was recognised by Government in 1894, in minor wore forood to suspend operations and selony being inonded in the Indian arrency tuzien of allsor and those who adrested the My Brother's Hoof" This work, will be pro-when their officers have received exchange.com from investigations, your Commities are led to agstem. We believe it will be admitted from a coeded with as soon as possible.
pentation; the funicipality have also granted beliers that depespition of the dollar haq not
The N. Y. K. steamor Omi Maru (Australia Lina), left Kobe for this port at noon yesterday and in oxpuoted to arrive here on the 23rd inst.
The Takeong, which arrived at Shanghai from Fooohow on the 9th November, reports a harqe name auknown, ashore on the Blockhouse Skoal
7th innt, and may be considered due at Singapore The China Matual stoner Kaisou, from Glasgow and Liverpool, passed the Canal about on or about the 27th fast,
The yourse for the Royal Hongkong Yeeht.
EVELYS CONEY, aged 3 weeks. NEPA Club's second Cinh ruce on the 21st Noromber
At Shungla, on the 10th-November, 1897, Cap tain C. B NOLL, of the C. M.SN.Ch., aged 67 years.
will be from the Police ntar, Kowloon, round Channel Rocks, Kowloon Hooks dinghy off pir, all to port, trice round; 38 mlles.
The Daily Press.o
and valuable trast of country.
THE NEW BALMORAL GOLD:
MINING CO., LIMITED.. N
REUTER'S TELEGRAMS:
GUFFLIED TO THE DAILY PRENG."]
LONDON, 14th Novotaber. RUSSIĄ AND TURKEY. Humia has informed the Porte that in Be On Friday evening the Australias Biondin event of any part of the Greek war indemnity will give a performance on the high wirs and being employed for purposes of armaments. trapeze on the Reclamation, opposite Sather Russia will demand the payment of the arrears. HONGKONG, NOVEMBER 17th, 1897. Land Strest. The performer ames witli yory
The General Managers, Mesia. John D favourable, prase notices from Australia and of the Russe Turkish war indemnity. It is Humphreys & Son, have received the following We were mistaken yesterday in supposing Indin, from which it appears that the fonte ho believed Hussia's object in so doing is to report from their mining managers by the that the Straits Currency Committee might Amongst the items composing the programme CANADA AND THE UNITED STATES.
performs are of Esnational character. prevent the reconstruction of the Tarkish lost. taskip-forting it, for the grout majority of
REPORT ON THE NEW BALMORAL AND recommend that the propceed conversion is riding a bicyde on the wire
QUEEN MINES DAY Sir Wilfred Lanrior is on a visit to Wash should be effected by maintaining an arti
Mont Mecdenaid,.. ington negotiating with the Government with
22nd October, 1907.
A DIPLOMATIC. Count Casini, the Russian Minister at Peking, has been transferred to Washington onder and working well
THE NORTH WEST FRONTTER, Thirty-dra Silks and a native oflour who
per cent p
priation
leaks
ficial scarcity of the tokou dollars and this dioane and diucer and her company, arrived on a view to the conclusion of a realprocity treaty Sises reporting on the Beb-instant-the wafex/ the present, has become, with them, ap argone asumed, that this increase-represmate the 60s noted that taking 1/40 as the present valbe
His Elsie Adair, the pharifug litte come. encouraging no inux of gold. The Com. Monday from Bangito. The tour through mitteo record their opinion that giving a Indip and Australia was an artistic and funncial BUCOVER. Miss Adair is as bright and sparkling fictitious value to the silver currency by the as ever, having entirely resove of from the contraction thereof is a course which. cer- severe illness which attacked her in Sydney, tainly could not be maintained with safety appear but che night in Hongkong, to-morrow were cat off in the Kurram Valley have been The company any hurrying homeward and will For advantage, and they recuismend therefore thanday).
the conversion of the prosont currency
all killed..
in the Queen main shaft has been bailed out and rinking reahmat and gred progress. In being
|
As the remit of anguiry made by us Bars in September, we have been informed that 16,000,000 British dollies had already been coined at the Bombay mint, and from the large Amount of silver then sod not waiting svimigo. at Bombay Into British dollars, the naount is aly very soon to exceed 520, 100,000. We is god not suggest that the Government should con-
compensation sings that youre some of their being lied the produces, except temporary and porneal of this emport that a dollar following staff, and all the Banks and some mercantile that frily of the dollar, if ste ressonal y low general interests of this colony whilst us to the farines of silver is detrimental to the frms and the Dock Companise, have followed rain, would better serve the miners, by erring the enggestion that the currency of the suit: In Sardenoter last, officers and engineere more steadiness in the price of tin, as well as solony, cloud be joaned to that of Tin, of many local steamers secured by "trike in the cost of labour and food considerable advance in wages; an increase in Hongkong and Trina, nerede 4,867,000-11 although hot might have been practicable lawrore fear has beer approved by Governments
în 1894, it will suroly at the present time he Fadmitted that the difference in parity between and professional and generally are raising their
the vomity of 1710 18 so onormous and would involva enchen completo dielocation of Beams Tarranted by the present position of
— 25 — As this population has apt grown 31 per frete na to jender zuin a couras estremely miness urs in this colony, and Axity of exchange, ou some distinctly higher basis than cant. dating the period in question, it may be hazardous In this connection it should be
necousity.
doost of importa from these countries of the Indina rapes, to include the urgency of From Appendix Hit would appost that the and this appears to be borns out to local ont le roining the dollar bero to 3-1/44. ex-this colony under that system would be equival wagin of Chinose, immigrants have not risen in priemos k any appreciable degree during the past seven 26 The option of a gold standard would bearing the same ratio te 21 (the old par value cars. This coincides with what has come to be probably not injuriously affect this redo of the rupee) as 3-loce to do the old per valos regarded as one of the most important fontares Japan, Increase $3,066,000-411 per cent of the dullere ve
our Impurt trade with gold standard soua 27This late 180 ans alters to the tries, namely, that the income of Natives gener development of the Japanese con trade, end, in ally in mot olastic, and has not kept pace with no measure, to the import of mspufactured the rise in priops caused by the dentointion of good the dollar AAAAABAND
Virity of archango has of late years grown in favour with the community. In 1893, when the Currency Connaission reported on the gusa tiền, many business man held to falling dollar was in the interests of the producer and exper cent ter; but figures given in Appendices J., B., and F.. shew that such has not been the case. -1- | 2003,000 to find, n Or the completion of the nonsmet for sink porters and consumers generally have always been ing the list 100 feet we had attained a depth of ) in favour of fixity, mak
fot from the surface. It being deemed unadvisable to up out for the reof at this depth the sinking of an additional 45 feet was in the light of local business oxperience, and started on to 11th instand good with this in view, we have investigated the islestion that finity of exchange world the noterelys as the basis of our Currency with a grese la bong: zade. Estimated cost £225 published trade figures for this colony sad now whole, be deaded y advantageous to the impert | Straits dollar fized the plugs of 2/-sub- the usual hall, the dosis on being largely due to of November in which two German pests wages drawned, liber fox shaft and ladders,
Robber raids occurred in Yeaahen on the 1st This include lern waga mngine river reconl the chalasings we are led to trade of thess Settlements
5.The year 1800 to 1880 have been selected 32-Exports have increased na bollow the fact that the community las outgrown the were killed, one escaping. The who stole de vill he 20 that west of shaft and will be showing the most marked Jooting in the
Total 1890 $118,617,000 explosives, roodjes, ko do. At 250 feet the for examination as the period. PENNS
18d 163,777,000 accommodation synfleldo for its entertainment, while the cost (which reached a serious masu sverything. The Provincial Judge has gone reached at in ocht of about 60 free prick of silver. ing the whole community, bot it is als last year) hse bocome too much for this pockets to settle the affair -- Na
Time entishated to complete the wholə, talve (b) including the repeal of the Shermen Aot increase of 85,320,000 weeks from date.
Superdraalkaals in America in 1893, and the closing of the Inof this REPORT OF THE NEW BALMORAL BATTERY. dien Mints, on 25th June, 1833, and
Mount Macdonald (s) owing the later and impat reliable at the road
The Band of the West Yorkshire Regiment
gold basis. The scheme by which it is sug wil ploy the following programme at the gested this should be effected is that within Offers Mcde thle oveding →→→
a limited timen dollara fegally current in Overture. Le Domaine Noir"...... the colony abould be oxchanged for Governo de Savoyarde
| Selection Utopia, Limited
ment currency noter and that a temporary Waltz Laura"
Bong
"Traumgluck'
sterling loan should be contracted in Ballet Music in Faus! order to secure a reserve of bullion to hold ngainst the latter; the Government being relieved for a few months of the obligation tore sem its notes in coin in order to allow time for the floating of the loan. The
scheme would in the first instance involve spure loss, which it is tightly contended
should fall on the Government as represent
Auber
FROM TONKIN PAPES.] ASSASSINATION AT RIO VE JANEIRO. Introthe
Fans, 6th November... Sullivan Milöcker
At Rio de Janeiro the Minister for War bas Lange boen killed by a soldier who mistook him for [V Gouped the President of the Republic
g
God save the Queen.
It appears certain (bat there will after all ba a Scotch Ball in Yokohama this year, says the Japan Advertiser, It will be recollected that at the annual meeting of the St. Andrew's Society it won decided by two votes not to hold
* shown that this logs would be compensated of subegribere. Since that, wooting a list has
bonofrculated and signed by a majority of
for by subsequent advantages Indeed, it ptable subscribers. With the object of secur would sees that the Government might evening that the ball so projected shall be held under make a profit on the transaction, on paper (called by requisition) was hold, at which it was the auspices of the Society a meeting of members. that is, in balancing the budget. It is esti decided to rescind the former reaplation and to mated that there are rot more thau frond þau held a ball. -
MURDER OF PRIESTS IN
SHANTUNGAN
Chinaufu, 10th November,
RECOMMEND.
made. Machinery and everything in first class Queer Prospecting Shaft-Extended driveon coureo 14 foot Country highly pornlied, but no change of importance yet.
Balmoral Minerne. Blue tunnel, country very hard, expect a ohanga for the better soon. two men working, progress satisfactory.
Digt mon werking on trihais, two on par. able gold, the others doing good prospecting work and age sauguins of ultimate success.
REPORT OF WORK BRING DONE ON TIME:
MÁIN WHATT OF QUEEN. MINERA
Mont Meodonald,
2641 Ostobar 1997,
8007 NEWSPADE MACNIVEN & CAMERONS PENE
WAJE FLYING
writed 200 words per dips Hold øysernheze, WAVELILEY WORKS, ELLsUyan proceding:
Qutil.
4-In considering the subject of fixity of ex- change it has been our on deavour to do so mainly
British North Borneo, do, Incrous $1,989,000 58 per cent.ARE va, Dus largely to the additional quantity of sago four exported from Emmeð
Of this 81,526,000 due to rica and
Lucan Clan Increase $850,000+100 er der any abums which would involve the olony gayakarta taking over the 620 lions on a basis of 2- per dollar, na's large portion of the onin is not. in the colony or in the Faugrated Malay Bosies. We do not suppose there are more a Stam, Increasa 89,711,000—–38 per bat..
30-Of this 29,477 000 is its to rico.
than $10-19,000,000 of all arieties of Hallar coing in eiroplation at the present time though: 31 - Renowing the whole of cur import trade out the colday and Fedembad Malay State
as abors detalled, we have wrrived at the one recomand the adaptim of the English
sidiary to 12 The a présent enba.diary silver. octinge to remain on it le PS
19 The procedure of the Government would be not to let its intention be known, and when a debisión is arrived at, to paas a law at one sitting. of the Legislative Council, and immediately 99,119,000 in to gold standard dan ten sueldonly brief to pavem countries thereafter se utication to the effect that 13,010,000 being te silverstande imporation, all dollar esine then legally current snt countrite in the wolny would be repuved at certain 14123,000-$1 per cent. (the spaced player and Government varropoy notea
Reeppoting the ebars bettery To bog ti la-4-0-It is believed to be a prevailing ados. form sou let a contrast to take dere, remove, among at some Chindsa msyahanta in the Straits, slightdifference in the figures keing caused given in exchanger and that after the expiry of and zo-erect has been 3b and the work in now that the foot of the fall. In the gold value of by the omission of the Inter Settlement trade such term, the British, Morin, od otber
I the golfar has been to enhanas, local prison of 1 figuson)
dollars in circulation would be demonetised.
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