700
INGUISTS REPORTS and Navy BILLS for sale
at this Office.
Office Friend of China, 28th Dec, 1844.
JOHN SMITH, of Macao, will recived
Madvertisements and subscriptions for the Friend of China and Hongkong Gazelle; he is also authorised to collect outstanding accounts due by the Macao subscribers. In future Mr Smith will have a few extra numbers of cach paper for sale! Price to subscribers 25 cents each
on subscribers | rupec.
Victoria, 8th June, 1814,
TIL FRIEND OF CHINA AND BONGRONG GAZETTE.
Segars, Manila -the demand is not very active; limited sales of No. 3 at 18) and No. 4 9 1,000,
every description and who gain large fortunes. Wit perness the Bill Broker who a few yeare ago marrieed the daughter of the Speaker of the House of Com· rons and a near relative of the Duke of Rutland. If the respectability of the Brokers in England is thus demonstrated, we may ask our "most himinous, most generous, most honourable Contemporary" why is respectability to be esteemed in Bombay also;
Silk Raw--Canton No. 3-in no inquire. Soap, Dacca-Sales of 40 piculs by Auction at 871 per pet.
Tea. The funks from China are now arriving and large supplies may be daily expected.
· Tin, Stre's-Arrivals from Malacca and Sales at $ 15 per pol:
Tobacco---Supplies of China. Stock of Bali
moderate.
GENTS for the "Friend of China and Hongkong | wt Drs, 21 per bag.
A Gazette
BATAY-Moorman and Co.
CALCUTTA Hyde, Gardner & Ca Bougar -J. W. Bell, Esq.
MACAO-John Smith. Esq.
TO MARINERS.—GOVERNMENT NOTICE. Colonial Office Cape of Good Hope, 20th Nov 1944 His Excellency the Governor, has been pleased to direct the accompanying communicatión, ad dressed to Rear Admiral the Hon'ble JoceLNE Puncy, by Commander JUSTICE of Her Majesty's Sloop Pelican, to be published for general infor mution. By His Excellency's Command. (Rigned) JOIN MONTGAGU, See, to Govt.
To the mode in which bargains are made, and 10 the Eastern fashion of holding hands under a cloth and making an enumeration of the suns by moving the fingers, we shall not allude is any way other than by stating it is the custom of the country," Tortoise Shell -- No stock. Wheat-Market well suplied ; sales of 200 bags and must be conformed to in dealing with the peo- ple. Instead therefore of sucking to depreciate the services of the Barking Brokers, and endeavour ing to deprive or defrand thein of their just dues, we are disposed to uphold them as wolthy of the strongest excottagement, and aming many other reasons, for this one, that, they are a permanent body advancing in the atts of civit zation, and will of course produce great good hereaf ea in India.
purchasers.
EXCHANGES.
Ou England. Sales of Bills at 30 days sight, at 4s 34 at 3 Alonths sight at 1s 3d and at 6 Months sight, with shipping documents at ds Sd Hablers of The Friend of China and Hongkong Gazette" is
Bils do not seem inclined to sell at a worse rate published every Wednesday and Saturday.
Subscription-$12, per annum payable i nadvance.than 1s 31. The unfavorable accounts of Produce brought by the November Mail are no doubt the
The wealthy Brokers as pradent and sensible cause of this, and they are likely still further to men are bound to take care of the interests of the depreciate the rate in favor of sellers, particularly Merchant who contides to them his gouds for sale, as the last advices from Calcutta quote the EX-Experience will dem. nstrate that the young mer chants who many seck rapidly to realize large for- On Calcutta-Owing to the extreme searcity of tunes by excluding the regular Brokers, will be change at Is 10d and at Bombay is 10.
soon compelled to have recourse to other men such Dollars Bills are very difficult of sale. Government accepted Bills are offered at 220--without fading as Dobashes and subordinate Agents, who will speedily cheat them of sums larger than those they On Madras - 223, On Bou Kay-225. On Chipay to the well known and respected individuals, no.-AU par.
who now transact their business.
la Calcutta the Native Banking Brokers are known by the name of Baboos, and in that city where the mercantile firms are at least five times more numerous than here, there is scarcely one without a Baboo; in Madras they have the name of Dubashers, and perform the same services. The "intellectual Editor of the Journal of Commerce, will one may suppose, in his next Essay, recom mend the Bombay Merchants to cease to transact business with the Banks. This proceeding is as wise as the other. Is it not so, Brother?
II. M Sloop Pelican. Simon's Bay, 15th Nov, 1844.
Sir, I have the honor to send you the bearings and-distance of a small. Coral Shoal whie does not appear in our Chart, nor ismention made of it in HORSBURGH. li lays directly in the fair-way,
Shoal near the Button in the Straits of Sunda. The bearings by very accurate observation fur- pished by Lieut. MELVILL, of His Netherland Majesty's Navy, and attached to the Hydrographie Office, Batavia, are as following:
North 630 West from the Button, North 2730 East from the South Point of
Thwart the way, and
North 520 East from the North Point of the
some Island
ܪ܂
Erom the Shoal, the most Southely Point of Tulphin Island was just on with the most Norther ly Point of Palo Bessy,
This very small Coral Shoal has only 24 fa- thoms on the shonlest part, and near around it 12: and 10 fathoms.
The distance to the Button is nearly 1 inile I liavo, &c. PHIL JUSTICE, Commander Real Admiral the Hon'ble J. PERCY. C. B.
Commander in Chief, Cape of Good Hope,
NCTICE TO MARINERS.
Sydney, May 10th.--A huny, painted red, with a white houd, has been pinbed about a ship's length to the northward of a sunken rock lying about one mile and a quarter, to the eastward of the island Tiri Thi Matangi. This rock I es nearly in a line between the peaks of Rangitoto and the Little Bar- aier Istand, and about two feet water over it at low water. A similar busy has also been placed over. the rock, lying to the N. N. Eastward of the north head of this barbour. This sock has six feet water over it at the lowest spring tides, and can easily be avoided by keeping toward midchanel between the North Head and Rangitoto, or with a fair wind passing about midway between the buoy and North Head-Clyde Shipping Advertiser, Sept. 20th,
EASTEN ARTICLES.
Anisced - in no inquiry at present. Arrack,-Stock rather heavy; limited sales at about quotations.
Beicinut.-Noue and wanted.
Singapore Fice Preas. 6th February,
Chintz Farnitivë?/ Very dificult of sale. METALS. Tia, Banca
Straits
4. Plates
No demand.
Iron, Nail
& Hoop
Bar
Saleable at quotations,”
·Steel ··
No market.
Tin plates Lead Pig
12:10 43 50 per picco
13 0 46.50 5.80 K
2.10
2
18-50 per picu!
16 0 64
60 per box
20 2.10 1:805 1.90
50
per picu
ki
2 6 2000 per box.
14 80 " 500 per picut
Saleable. Quicksilver OPIUM, Patna, new. 635 0 0400 per chest
Fold. 650 0630 U Benares, new. 600. 0.
0 0
** old, 625 0 ស 0.0 New Paina has been sold at 8510 cash, we have not
price,
but any Bourea, but $609 we conclude would be the
16 0 "Malwa,new good735 0
0
offers have been made for the new Malwa, but parties aro -No enquires for oid Malwa, The last day or two we hear asking $750.
Turkey 470 0 0 0 per picul
5 80 Pepper Rice, cargo quality Kaftans, Banjerimassan 4 0 Sandalwood, Malabar. 5 :0
46 0
"Timor,&S. S.Isl. 4. Saltpetre
0
6
04
1 10
25 per-yard U per piece
WOOLLENS,
Spanish Stripes Long Ells, scarlet 8 30
well assorted. Camlets, English
8-20 21 0 Dutch. 28
840
All woollens extremely dall, anil prices quite nominal, the stuck is very heavy, bot an improvement looked fur,
(Dom the Gentlemen's Gazette) The Brokers in Bombay have, forsooth, great reason to be thankful to the acting Editor of the Bombay Times Journal of Commerce," who ima- gines, that from his lofty Commanding Chair, he will be able by his fulminations to abolish their art, trade, and profession, and that too by accusing them of making fortunes, and of being wealthy.
One of the great advantages of the Banking No other than he could have discovered that there was danger to the Merchantile Houses from bav-Brokers is the facility of payment, which they can ing rich and respectable Brokers to do business and do afford to the Native Merchant purchasing for them: he has also with great sagneity observed Goods, thereby enabling him while having a good name and fair credit, to come into the market with: that the young Merchants who come out to this country, become instantly blessed with the gift of confidence, in order to buy and oven to speculato Alumn talking in Hindostance, Guzeratiee, Marathee, on the articles he wishes for; and for which he can Anniseed. Concance and the long Babel of languages, in thereby pay a higher price; for if at the end of Camphor which it is usual to conclude bargains in India. the two months usually allowed, he does not pay Cassia
the amount, he is always sure of having a further term granted to him on the payment of interest.pore. While credit is thus given to the Native Purchaser, the European receive the amount from the Bons | China Rools bay Broker on the day of delivery. Is not this a Galangal manifest advantage to the European Merchants? Musk Every sensible Merchant will allow that this sys, Rhúbntly ten enables him to transact twice-even three times. SILK. the business, he could do if restricted. to his own exertions.
n
EXPORTS. —ON BOARD.
81 75 to
10
0 per
22 0 7 0 0
Considerable shipments making for Eugland and Sing a
Buds
Tutlee. Taysaan. Canton
0 per cu 3 per pr
480
450
4900 0 0
280
Stuck 600 Bales Tentice, 250 Taysaam, of Canton none
TEA.
Congou Caper,
Souchong
We must urgently recommend to our enlighten cd." Contemporary who knows so well how to measure the capacity" of all the Merchants and Brokers, and of the Writers and Correspondent, as to say that every one, except his friends and himself, trash on this subject. to unbosom his writes secrets and to open a course of lectures on Brokers Brokerage and Bargains, adapted to the taste and capacity of the young Merchant's Clerks in Bom bay. This plan would prove undoubtedly most
We must here mention another point which serviceable to them, particularly if he seasons his discourses with dialogues and illustrations from deserves to be noticed, viz, that the Bombay Brokers the Native languages. It is to be hoped that he take great care of the goods,for which they become, fime. has nerves sufficiently strong to undertake the task, as it may be said, wholly responsible from the mo and that he will deliver is lectures at the placement of their taking charge. They are also ac- assistants most suited to the youthful commercialist, for ins countable for the Dubash, and his Nauve tance, in the Chamber of Commerce or, if that the Muccadum, Boutinen, &c.
d room be closed against him, wherever he may find Subsequent to the preceding article being in the imands of the Printer, we received a letter from a convenient
formet Correspondent, to which we invite the at- tention of the new Professor of Brokerage and Bargains," with the hope of his giving a more sa- tisfactory explanation in his lectures, than he has done in his printed disquisitions, It is to be much desired that this Editor of the self styled Journal of Commerce" will not allow the Mercantile Public to remain in ignorance on this interesting topic, and that he will explain whether the term "Middle men" is appropriate to the Banking Brokers or not We have heard a Bombayan contend stoutly that it was equally applicable to the Agents of the En- glish Manufacturers, who receive the goods here. We apply it to either as we think it most deci- dedly inappropriate, and we expect the acting Edi- tor and the new Professor" that is to be will prove his capacity to the satisfaction of the parties iutes rested in this matter, by Brst explaining the tutas
T
We have to offer an apology to many of our readers for bringing this matter prominently and in detail to their notice, but it is forced on us by the arrogance and self sufficiency of one, who, because he is Editor of a Journal of Cominerce, considers himself warranted in abusing some of the most estimable men of the Biercantile Com- inuity, and in accusing all those, who do not hold his opinions, of writing trash" We do not profess to write exclusively on commercial subjects yet to those that know something of them, we take the liberty of submitting charges against our Alum-arrivals by the Junks and sales at $2 per Contemporary. Our object in recommending him picul for the Calcutta Market.
to open a course of Lectures on the subject, is to compel him to study it, so as not to leave himself open to accusations of gross ignorance, of violent How far he has prejudices and of self conceit, hitherto exposed himsell to those accusations, let his own observations and the following facts show.ning of his terms.
The acting Editor of the Journel of Commerce is blundering about Brokers in Bombay, and writes much nonsens about them, because there is a great confusion in his ideas on the subject. The great brokers as they are named here net also as Baukers; and bence the confusion of this notions." We may venture to advise him to examine how far it is disadvantageous to the Merchants of Bom- bay to have the same individual to act in this double capacity. We are disposed to consider the union of the two 'srvices "Banking and brokerage as being calculated to be useful to the majority of Mercantile Finns, by enabling them to carry on their affairs, without the difficulties arising from having too many persons to consult in their tran-
Cubebs--in demand for the Calcutta Market. China Root. -Stook small but seldom wanted in any quantity; sales of small lots at quotations.
Camphor, Ching-supplies are begining to arrive by the Junks. Limited sales at $173 a 18 per pel. Cassia-about 2,000 boxes bavo lieen imported from China 500 of which have been sold at $ 13 per pel.
Coffee-no stock and in some inquiry, Coir Rope, Hanila--a small import but no sales reported.
Cotton-an active demand may soon be expected for the junks.
Cotton Goods, Bengal--Without eaquiry Gambier--Plentifid; sales at S 1.75 per pel.. Gambonge-continues in good demand; sales of 5 piculs Sian-3rd quality at $.60 per pel.
Galingals-seldom inquired for. Stock moderate. Mother o'Pearl Shells. --An import af 100 piculs Soolo was offered at Auction and bonght in at 80, per pil
plum. The Market has been very inactive, during the week and in an unsettled state. The Bugis purchases are nearlycompleted and the local demand is altogether ins guificant. Sales have been made of 20 clies's old Patna at $ 650 and a few chest new Benares (on credit) at $ 560. The fatter rate is not likely to be long supported, indeed there are some sellers at $ 545 cash and no buyers Large supplies are expected by the Harlequin, Fire Queen &
The accounts from China are far from favorable owing, chiefly, to the heary accumulation on the coast of old Buggy
Pepper, Black - Rhio and Singapore.--coatinues in good demand and sales made to a considerable - tent of uncleaned at $3,60 and cicand at $430, Limited sale of white at 584 per pel.
Rhubarb-of god quality inquired for. Rire-Market improving. Rattans-heavy stock and very duli of sale, Sugar-no arrivals, and no stock for sale. Sago. Pearl--cout'unes in geod demand; sales at $ 8,30 (with cast) and Fleur at 8 2,99 pel. Saltpetre stock movțiate but dull of safe, Saparwood, Manila good deaard; sales of 2000 piculs at 1,96 per pels
sactius.
but
In conclusion we call on him to state on what grounds he had dared to charge some of the best known, most popular and wealthiest individuals in this island of fraud." Is there person J pique in this unfounded-uncalled for charge? Let the Edi- tor and Professor answer. We wait for his reply,
CANTON PRICES CURRENT.
1ST MARCH, 1845.
IMPORTS.-DUTY PAID..
Ale (best brands) SIG 08180 per hhd
[Heavy supplies, unsaleable at these prices
0 per cany 0 per picul 90 per bol Q per picul
Amber Betel Nut Canvas-Eng and
Scotch Cochineal Copper, sheathing, 240
10:50 11
4.50*
80 112 04
2006 Cordage, European. 80 COTTON, Bombay,
sli.ps. T's.
S.Am.
C
Madras
46
Bengal
5
0
9
7
4:
75
The new Banks may at present afford facilities for trade which did not exist in former times, by the advance of money on goods and cargoes; although the blaming esh on deposits becomes thus casy, the difficulty of selling these goods is s great as over. The Banks must secure themselves against risks, and will not therefore advance to the who amount, wh.ch a Native Banker and Broker, can dispose ufabe articles, may be inclined to of Idependent of these considerations, there is fer. the difficulty feit by Europeans in selling to the Nauve Retailers, who haggle and huckster fr suns, which ho European must in general sacri. fico. By the actual system the Native Broker acts frequen ly as Banker to the buyer and seiler, and
250 3 20 per picce is in the fairest view of every transaation, entitled
No demand. to a share in the profil from each. It is therefore.
Grey dito dito.
3. 20
·2.60 4 and unwarranted attack on those highly, respecia.
The chief business has been confined to the better dea ble persons to accuse them of receiving undue profit Let this "sapi nt critic" examine wint ad-cription of Grey though we hear of some trifling transactions vantages would be accruable on similar transac- tions on Esgland, to te Banker and Broker supa- rately, before he condemns the person who pers forms the duties of both together here.
There is also a let strongly illustrative of the! tility of the great. Brckers in Bobby, to which, welke others are inclined to Lear & samony; and that fact is that they prevent motojusies. to London great wart of the world there are brokers of
the
These quotations must be considered quite nominal as no sales have been effected. COTTON GOODS. White Shirtings,
in Whites at the quotations.
Yam, Nos. 16 to 24. 25 0
Nos. 18 to 32 26 50: Nos. 33 to 42.30 .0
442550 per picu 4.27:50 44 32.50
In the early pan of the month there was a great excury, tre partentarly for the higher, and soles effected. * $27 618 a 3, and $30 for the oõighar Nos since however in focertence of sue free sellers the market has resumed
aber a dull tone.
Deûteres is Dec. 217 Swed 31 Dec. 3716 Balen
13
023
17
261
17
0438 0 20
Orange Pekoe Very few romanin, and all of common quality.
file scented 40, 046 0 Fow if any scented O. Pto be mot wilb
Twankay, 19 04 28 0 No fine ones, now in the market,
Hyson Young Hyson Hyson Skin Gunpowder. Imperial. EXPORT OF
43 0 95 0 23. 0 80
18 0 36 0
40 0830
37 0 800
Teas to Great Britain from 30T 1
JUNE TO 7TH INSTANT.
Green, 5,116,344 lbs.
Black,
22,592,030
Total 27,709,374 lbs.
Congous, the better classes of Congon are 2 n 3 Tacks higher than last mouth. Greens remain as last quoted.
PRICES OF BULLION. Sycee Silver, large, 3 per cent. premium
In Canton the rate is 5 Laels 1 m. por cent Promium. Spanish Dollars, Ferdinand. par
Carolus, 10 per cent. Republican dito, 3 to 4 per cent, discount,
EXCHANGE.
Bills on London at 6 months sight, 4s. 5d. to 4. 51. Commissariat Bills 30 days, 4s. 3d. per Mexican
Dollars,
100
Treasury closed for Spanish Dollars. Navy Bills, 4s. 2d, to 4s. 3d per Mexican dollars, Commissariat Bills 30 days sig. 222 Rs.
per Mexican Dollars. Court of Directors accepted on ditto, 60 days, have been offered at 220 Rs. per $100. Difficult of Sale. Unaccepted 230.
FREIGHTS.
To London or Liverpool, £3.10 a £3.15 perton of
50 ft. tonnage ample.
To Amoy, 0 per ton of 40 feet
To ports north of Amoy, 88 to 10
Snips Loading at Whampoo,
Hunnyson,
Teas.
Mohawk,
Royal Alice,
Chusan,
George Buckham, Advocate,
Drugs,
Edited, Printed and Published by Joux Cara At The Friend of China and Hongkong Gazetie, Printing Office, Qquev's Road, VICTORIA, floscgosu 1945,
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