1881-07-12 — Page 3

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The Spread of Bi-metallism. The Monetary Conference at Paris has adjourned for six weeks, after a declaration from Sir Louis Mallet, as the representative of India, which has caused uo little consternation among English monometallists. Lord Har- tington has divested the explanation of any official character which it might be supposed to possess, so far as England is concerned but the fact remains that the Indian Government, through Sir Loufs Mallot, have declared themselves favourable to concluding a bargain for the purpose of securing the rehabili tation-of silver. They will undertake that there shall be no alteration of the coinage of India for ten years, if the other countries interested in silver maintain the free inintage of silver It to gold at the ratio of 154.

THE HONGKONG TELEGRAPH-TUESDAY, JULY 12т¤, 1881.

July 12, Lorne, British steamer, 1.031, McKechnie, Saison, 8th July, Genoral-Bun Hin.

395, B. Talbot, Manila, 9th July, General.-Russoll & Co.

July 12. Catterihun, British stramor,

glad to do business on the same terms to-day. Hotels remain steady at par, and a few shares have changed hands; but there are plonty July 12, Emeralda, British steamer, buyers who would purchase this morning if they could be obtained for $100 each. Sugars we still quote at $175 per share, but this is merely nominal, as no offer has been made for the stock for days, and it 15 difficult to say what quotation would lead to genuine business.

Shares.

Hongkong and Shanghai Banking Corporation Shares-105 per cent. promium, Sales.

Union Insurance Society of Canton→

$1,625 per share ex dividend. China Traders' Insurance Company's

Shares-$1,700 per share. North China Insurance Company-Tis.

1,125 per share. Yangtsze Insurance Association-Tls.

820 per share. Chineso Insurance Company,

-$300

per share, Ex. Div. On Tai Insurance Company, Limited-

Tis. 148 per share. Hongkong Fire Insurance Company's

Shares- $990 per share. China Fire Insurance Company's Shares

-$295 per share. Hongkong & Whampoa Dock Com,

is not easy to see how, under this, we can escape the charge of inconsistency. The Government loudly, indeed, uphold the existing system of gold monomet allism in England, and of silver mono- metallism in India. But by binding themselves to maintain the froe mintago of silver in India at a fixed ratio, they virtually adopt the fundamental postul- ate of bi-metallism. It is bard, however, to condemn them. Not only do we seo foreign States champions of bi-metallism, but the converts to that system in our own country are rapidly increasing, and numbers such practical authorities in matters finan. cial as Messrs. Gibbs and Grenfell and Sir Louis Mallet. If other countries are prepared to enter into a bi-metallic union, England ought to as far as she can to help the ex- periment. Anything less than what Sir Louis Mallot proposes would be of Do use. It is doubtful if oven this will be accepted by foreign countries as enough. In the mean time it is well that there should be an opportunity for

mited-$175 per share, Sollers. further deliberation; and the adjourn-China Sugar Refining Company (De. ment fo six weeks gives this.-The World.

CORRESPONDENCE.

[ We do not hold ourselves responsible for the opinions expressed by Correspondents],

To the Editor of

"THE HONGKONG TELEGRAPH." Sir,-Will you allow me through your columns to call the attention of the Surveyor-General's Department to what would appear to be an abuse. My coolie informs me that he is un- able to obtain water in the morning from the hydrant in Staunton Street, nearly opposite the Union Chapel, because the Chinaman in charge of it wants the coolies who resort thither to club together and pay him $3 a month. The consequence is that my coolie, as well as the others, who are mostly indigent people living in the neighbourhood, have to travel long distances to procure water. I am informed that for nearly a month the bydrant has not been opened at all` in the morning, and only for a very limit- ed period in the evening, because the coolies decline to submit to the squeeze. I am sure it is only necessary to men- tion the matter to have a remedy ap- plied.

Yours truly,

A. RATEPAYER.

11th July, 1881.

LATEST COMMERCIAL

INTELLIGENCE,

Tuesday, July 12th, 1881.

-Ono o'clock · ·P.M.--. Transactions in shares are still of a very meagre description. We have however to record a few transfers of Banks which were booked yesterday afternoon and this morning at 105 cash. Buyers had been on the look out for some days, to'get any odd lots which might be on the market at 104, but as holders would not deal at that figure, the extra point was at length forthcoming. Altogether we traced some 70 shares which changed hands. The Dock Com- pany's shares are remarkably firm at 56 per cent premium, and although a fow sales were effected yesterday, and one or two small lots were on offer, at that price, buyers would be

pany's Shares-56 per cent prom. Sales aud Buyera.. Hongkong, Canton & Macao Steam- boat Company's. Shares-$31 por share premium, Sellers. China Coast Stoum Navigation Com-

pany-Tis. 162 per share. Hongkong Gas Company's Shares

$82 per share. Hongkong Hotel Company's Shares

$100 per share, sales, and Buyers. China Sugar Refining Company, Li-

bentures)-3 per cent premium. Hongkong Ice Company's Shares-

$127 per share, Sellers. Hongkong & China Bakery Company.

Limited-$43 per share. Chinese Imperial Government Loan

of 1874 (Nominal). Chinese Imperial Government Loan

of 1887(Nominal),

Exchange.

On LONDON,-

3/82

Bank Bills, on demand, Bank Bills, at 30 days' sight, 3/87 Bank Bills, at 4 mouths' sight, 391 Credits, at 4 months' sight,. 39 Documentary Bills, at 4

months' sight,

On PARIS,

30%

Bank Bills, on demand, ......4.71 Credits, at 4 months' sight, ...4.81 On BOMBAY,-

Bank, 3 days' sight,.

On CALCUTTA,

Bank, 3 days' sight,

On SHANGHAI,

Bank, sight, Frivate, 30 days' sight,

2251

225

Hongkong Temperature.

(Taken at Messrs. Falconer & Col's

Register, Queen's-road).

HONGKONG, 11th and 12th July. BAROMETER-1 P.M.............29.918

Do. THERMOMETER-1 PM.....81. 4P.M......... ..81.

"Do.

'Do.

4 P.M.....

29.892

1 P.M. (Wet bulb) 79. Do, 4 P.31. Do.. 78. BAROMETER-9 A.M......................AN 4- 29.028

THERMOMETER 9 A B

.81.

Do. 9 A.M. (Wet bulb) 79.

.81.

Do. Maximum Do. Minimum (over:night) 79,

SHIPPING INTELLIGENCE.

ARRIVALS.

July 11, Freeman, American bark, 1196, Howes, Cardiff, 12th March, Coals-Borneo & Co., Limited. July 11, Atalanta, German steamer,

784, Pfaff, Chinking, 6th July, Rico. Siemsson & Co. July 11, Chen-to, Chinese gunboat,

from a cruise.

July

July

12, Glenroy, British steamer, 1411, Wallace, London 1st June, via Singapore 6th July, General

Jardino, Matheson & Co. 12, Tangle, Tronch stormor, 2293, Pellegrin, Shanghai, Oth July, GeneralMessageries Mu- ritimes Co.

1,407, F. A. Mollit, Singapore, 29th May, Coal.-Gibb Livingston & Co.

July 12, Fabius, Siamese bark, E. Se- quoira, Bangkok, 21st June, Gon- eral-Chinese.

DEPARTURES.

July 11 Atalanta, German steamer,

for Canton. July 11, Hardwick, British steamer,

for Canton.

July 11, Nelson, British steamer, for

Guam.

July 11, Carisbrooke, British steamer,

for Singapore. July 12, Oart Ritter, German bark, for

London.

July 12, Jan Peter, Gorman bark, for

Tientsin.

PASSENGERS.

ARRIVED.

Per Yangtse, French steamer, from Shanghai-Mr & Mrs Rickard, Messrs. Felix Ridel, Robert Craig, Thomas Banks, and C. C. Hanson, and 14 Chi

nese,

Por Glenroy, British British, from London, Mr E. Thimm for Shanghai, and 43 Chinose for Hongkong.

Per Esmeralda, British steamer, from Manila, Mr B. H. Landa, 1 European deck, and 86 Chinese.

Por Lorne British steamer, from Saigon,-56 Chinese,

Per Callerthum, British steamer, from Sunderland, Mrs. Thomson aud

three children. From Singapore, 66,

Chinese.

"SHIPPING REPORTS. The British steamer Esmeralda, re- ports first part fresh winds from the Southward, latterly veering to the Eastward with squally rainy weather.

The British steamer Lorna reports fresh gales with heavy cross sea from N. W. to S. E. Bar. falling to 29° 53' passed a steamer towing a sailing ship off Ling-ting,

The German steamer Atalanta re-

ports fine weather to Turnabout thence winds increasing E. S. E...with heavy Tain and thick weather up to porto

The British steamer Glenroy reports light monsoon and fine to lat. 14° N. then strong unsteady winds, squally and rainy, high confused swell and low

barometer.

On Thursday, 14th July,-

For the United Kingdom and Eu- ropo, via Naples; to Saigon, Straits Settlements, Batavia, Bur- mah, Ceylon, the Australasian Colonios, Pondichéry, Madras, Calcutta, Aden, Egypt, Malta and Gibraltar; printed matter at 10 a.m., and letters at 11 am. For Amoy and Mauila, por Emuy, at 4.30 p.m.

On Saturday, 16th July,-

For Straits and Calcutta, por Suaz, and Arratoon Apear, at 2,30 p.m. On Friday, 22nd July,-

For Kobe and Yokohama, per

Niigata Maru, at 5 p.m. The following mails may be ex- pected

Tho

To-day the 12th instant :-' American mail of 5th June.

Oo Thursday the 14th instant :— The French mail of 10th June,

SHANGHAI.

The following letter addressed to the Shanghai Courier may be re garded as the latest expression of opinion on the proposed introduc tion of tramways-

CLAM-WAY PINJIN.

To No. 1 man Tsing-Yuen,

E-wo Hong wantchee makes do that Please you Master, My hear that carry coolie pidjia allo same putee calliage Bund-side top-side iron pidjin (my no savee name). My thinkes more better my loudee he four ploper piecee China calliage makee do omnibus pidjin. Bime-by E-wo can savee how mach chance bave got so fashion pidjin. Bund-side pidjin my no savee-no likee tly that side. Buffling Woll side -little chance have got, s'pose no got lain summer time. Winter time's post no gotee that foreign nan catchee smallo pieces paper secure, much no can ohance. Bund-side what think chance? Smallo paper belong Bloker man chance (have got plentes Blokor man!) but my thinkee no got 'nough pay 'spences that E-wo omnibus. Baffling Well omnibus belong nother fashion. Wautchee go look see that

man catchee littee flesh air. Bund-aide so "fashion can do; sit down China calliage, 'spencee more smallo. My savee that calliage pidjin tlee, four year. Buffing Well pidjin litted chance, s'pose that old calliage spoilum my finish. My thinkee allo same first takes more better E-wo lendes my piece calliage-$2-can do four pieces man bottom-side. S'pose putee kuife- board topside, ten picese man can putes. Maskee, my tinkee four piecee 'ough begin pidjin-bime-by can

uttee knife-board.

The British steamer Catterthun re- ports left Sunderland 27th May, Port Said 10th Jane, and Singapore 5th July at 9. p.m. Off the English Coast had thick fogs with variable winds. To Port Said light Westerly winds, mo- derate S.W., monsoon and fine weather through the Indian Ocean. Singapore to North Danger, Paracels, N.E. wind G. with falling barometer, thence to port winds Northerly with wet squally. weather. Picked up the Siamese hark Fabius in L. 21° 17' N. and L. 113° 30′ E. showing signals of dis- tross. Took her in tow and brought her to port.

:

MAILS.

The following mails will close:- To-day, 12th July,-

For Brisbane, Sydney, Melbourne, &c. &c. &c., per Brisbane, at 3.30 p.m., instead of as previous- ly notified. For Straits Settle- ments, per Serapis, at 2.30 p.m., instead of as previously notified. For Manila, per Diamants, at 2.30 pm, instead of as previously noti--- fied. For Saigon, per Adria, aty 3.30 p.m. For Amoy, Taiwanfoo and Tamsui per Fokien, at 3.30 pm. For Straits and Bombay," For per China, at 3.30 pm. Shanghai, per Fu-yow, at 3.30 p.ru. For Bangkok, per Dais, at 5 p.m., instend of as previously notified. To-morrow, 13th July,—

For Swatow and Amoy, por Plain- meller, at 9.30 am. For Swatow, Amoy, and Foodhow, por Thales, at 11:30 am. For Amoy, per Esmeralda, at 11,30 a.m. For Straits and London, por Jason, at 11.30 a.m.

Chin-chin

4

WAY WAXE

FALCONER & Co., WATCH AND CHRONOMETER MANUFACTURERS

AND

JEWELLERS.

NAUTICAL INSTRUMENTS, CHARTS AND BOOKS, No. 46, QUEEN'S-ROAD CENTRAL.

JOHN NOBLE. CHRONOMETER AND WATCHMAKER, JEWELLER & SILVERSMITH, Meteorological and Nautical Instruments.

No. 8, QUEEN'S-ROAD.

T. N. DRISCOLL. TAILOR, HIOSIER, HATTER,

AND

GENERAL OUTFITTER, 45, and 47, QUEEN'S-ROAD.

A. MILLAR & Co., PLUMBERS, GASFITTERS, COPPERSMITHS, AND BRASS- FOUNDERS, OFFICE AND WAREROOM FLCIONER'S BUILDINGS, QUEEN'S-ROAD EAST. WORKS-SPRING GARDENS, WANCHAL

D. K. GRIFFITH & Co. MANUFACTURERS OF THE LONDON AERATED

WATERS,

AND GENERAL AGENTS. 7, Beaconsfield Arcade,

MacEWEN, FRICKEL & Co.

GENERAL STOREKEEPERS, &c.

HAVE FOR SALE.

Groceries.

Crosso & Blackwell's, Celebrated Houso-. hold Storos.

John Moir & Sons', Celebrated House- hold Storos.

American Stores of all descriptions. 'Huntley & Palmer's BISCUITS & CAKES, BUTTER, Danish & French, Philippo

& Canaud's PATES &c.,

CHUTNIES & CURRY POWDER, TEYSSONEAU'Ş

FRUITS in juice.

COFFEE, SUGAR, &c., &c.

Wines, Spirits, &c. CUTLER PALMER & Co.'s "CARTE BLANCHE," HEIDSIO & Co.'s MO- NOPOLE, pts. and qts. ADOLPHE COLLIN'S BOUZY CABINET.

MUMM'S (JULES) CHAMPAGNE.

pts. and qts.

-NEYEN'S (BODEN) BOUZY,

pts, and qta.

EXTRA SEC, quarts. Charles Heidsiecks's WHITE SEAL, pts. and qts. VEUVE CLIQUOT PON- SARDIN, pts. and. qts. Theophile Roc- derer & Co.'s VERZENAY MOUSSEUX* pte. and qts.

Krug's CHAMPAGNE, pts. and qts.

OUTLER PALMER & Co.'s UHAT- EAU MOUTON, LORMONT, pints,

and quarts.

ARAUZAN (Chateau), pints and quarts, ERMITAGE LUDON. THIBŒUF (Chateau), pints and quarts. CHATEAU LAROSE (Curcier & Adot's),

pints and quarts.

CHATEAU LAFITE, pints and quarts. IRES GRAVES, pints and quarts. BREAKFAST CLARET, pints & quarts. OLD INVALID OLARET.

St. JULIEN, &e, &c. Breakfast Claret.

Burgundy, Hock, Sherries, &c. Chambertin, Chablis (White) Liebfrau

milch Hockheimer, Niersteiner, Stein-

berger Cabinet, Rudesheimer Berg, Koninin Victoria Berg, Chateau Yquem, Grand Vin, Haut Sauterne Marsala, Saccone's

Pale Dry White Seal Sherry, Yellow Seal Amontilado Sherry, Cutler Palmer

and Co.'s Sherry, Invalid Port (1848), Hunt's. Port.

Brandy, Whisky, Liqueurs, &e' 1, 2 and 3-star Hennessy's Brandy, La Grande Marque Brandy,

Cutler Palmer & Co.'s Brandy, Rouyer Guillet & Co.'s Brandy, 1 to 4 stars; Finest Old Bourbon Whisky, highly recommended, Kinahan's LL Irish Whisky,

Jamieson's Irish Whisky, Royal Glondeo Whisky; AVH Gin, Swaing Boord & Co.'s Old Tom

Gio: La Grande Chartreuse, Green and Yellow, Maraschino de Zara, Curaçon, pints and quarts; Angostura, Boker's and Orange Bitters, &c., &c., &c.

BASS'S ALE, bottled by Cameron aup

Saunders, pints and quarts. GUINNESS'S STOUT, bottled by E & J. Burke, pints and quarts. PILSENER BEER, in quarts. DRAUGHT ALE and PORTER, by

the Gallon.

Fine ALE, bottled by MacEwen, Frickel & Co. ALE and PORTER, in hosglends.

Erated Waters.

SODA WATER,

LEMONADE,

TONIC WATER;

SARSAPARILLA,

&c., &c., &c.

The Finest Stocks of

CIGARS, CAVITE CHEROOTS, PRINCESA CHEROOTS, PRINCESA CIGARS, AROCEROS, VEGUEROS,

:

0.

&c.,. "PERFECTION" All Specially Solected. EMPRESS OF INDIA, and Best NAVY.

STATIONERY, BOOKS &c.

"Franklin Square" Library,

Seaside "Library,

Harper's Half-hour Series.

French Novels..

Medical Werks.

School Books.

Presentation Books..

Works of referencc &c. Stationery for Ladies and Office use. Direct from the manufacturers the bost

and Cheapest in Hongkong. Special orders in this line executed on

very moderate terms. Papors ruled to any pattern and stamped

Plain, cameo or relief. Dics ongraved to order. Office requisites

of every description.

Miluer's Fire Proof Safes, Cash and Deed.

Boxes, Brushware. Cutlery Crookery, and Glassware. Builder's Hardwaro material, Sporting Guns. Revolvers and Sporting ammunition.

Sailmaking and Rigging promptly oxo-

autod.

الحمد