1891-06-02 — Page 2

Intimations.

DAKIN BROS. OF CHINA, LIMITE D,

DISPENSING CHEMISTS, &c.

HEMISTS AND AERATED WATER

MANUFACTURERS

A REFRESHING WHOLESOME DRINK.

DAKIN'S

LEMON SQUASH: VERITABLE LEMON SQUASH

AERATED; COOLING, THIRST,

QUENCHING.

PER DOZEN 50 CENTS.

(Telephone No. 60.)

THE HONGKONG TELEGRAPH, TUESDAY, JUNE 2, 1891.

DEATH.

Af Tientsin, on the arst May, the Rev. JAMES GILMOUR, SEA, of the London Missionary Scciely.

14th March, 1891"We now give a paragraph coming under the heading

•Financial Trusts' taken from to-day's newspapers which will show what happened

We

TELEGRAMS.

THE HOLY CZAR AND THE JEWS.

LONDON, May goth. The Czar will probably abandon his Intended

The Honghong Telegraph.

Telegraph. with the stock official lists yesterdayor duy visit to Moscow, swingyo has great al tenting

HONGKONG TOYSDAY, JUNE 7, 1891,

OUR LATEST ENTERPRISE.

Ir will be seen from our advertising columns that a new venture, the Stock, Share, and Debenture Investment Company, seeks the suffrages of the moneyed classes of this colony, Mr. W. H. Dick appears as Managing Director, Messrs. G. S. Coxon and E. H. MELDTE as Directors, and Mr. ADAM LIND as Secretary, and even with such influential backing it will not occasion any very considerable surprise if this latest joint stock enterprise fails to go to allotment. Admitting that the main idea of this proposed Company has much to recommend it, we are nevertheless bound to confess that, on its merits, it is one of the feeblest Nos. 11 & 14, QUEEN'S ROAD CENTRAL. things we have yet seen placed before the

Hongkong, 4th May, 1291:

[37 Hongkong pubile, notwithstanding that several exceedingly feeble concerns have struggled into existence here; moreover, the prospectus teams with inaccuracies and generally will not bear dissecting. Either this is a speculative company, or it is nothing; and the prospectus seems carefully to hedge in all legitimate or illegitimate we need not be choice in our selection of phrases-channels of making money that are open to capitalists on the local share market. Trust Companies in England, says the prospectus, formed for the purpose of such investments, have been almost uniformly successful. We have to thank the gentleman who drafted this The purest ingredients only are used, and the prospectus for information that is certainly new to us. But will he kindly inform us, in the manufacture throughout.

or shall we inform him, why the LARGE BOMBAY

designation of the Trust and Loan

BY APPOINTMENT.

WINES AND SPIRITS.

A. S. WATSON & CO., LD.

ESTABLISHED A.D. 1841,

MANUFACTURERS OF AERATED WATERS.

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Our New Fattery has been recently refitted with automatic Steam Machinery of the latest and most approved kind, and we are well able to compete in quality with the bast English Makers.

utmost care and cleanliness are exercised

"SODAS"

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TWENTY-FIVE gamblers were seized in a honte | YESTERDAY a house coolie, died in the Hospital, in Queen's Rond West yesterday by Inspector from burns caused by the upsetting and bursting Mackle, and at the Polier Court this moralog | of a paraffin lamp which he was Fehting in a Mr. Wise levied a contribution of $5 from each house in Hollywood Road on Sunday. of them-the proprietor of the casteë being also || magisterial inquiry will be held. called on for $5.

"FOUNTAIN pens are generally very disap-

be made in favor of the "Swan,”s new gold een, of which Messrs. Kelly and Walsh, 1.d. have a large selection, We have given thr "Swan" fair trial and can thoroughly

ecommend it.

had previously taken place, so that the caused by the expulsion of the Jews and harsh pointing articles, but an exception must certainly

fall is now very serious.

treatment of the students,

(From L'Independance Tenkinoise.)

6

SERVIA.

PARIS. May 23rd.

...deferred.!

Preference Securities,...deferred, fell...to London Trust..........preferred, .....

............deferred, Foreign & American...preferred, ..21 Bankers Investment...... Colonial Securities .....preferred, .. Consolidated Trust......deferred, Foreign and Colonial. Investment Trust Mercantile Investment... Scottish Investment......

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SAYS the Alta California Colonel Shepard's Mall and Extress noruses John Rumell Young of procuring Blair's rejection by China. Young was formerly Minister to Pekin and wants to be again, and Colonel Shepard, who has that kind of langing himself, and knows how distressing they are, asserts that, Young believes if he can break Blair he can make bimself.

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Serious disorders have occurred in Belgrade trok away 4,100 tons of tea. The N.C. Daily | Tar other marning a crazy Chinese priest whee

'consequent an the expulsion of Queen Nathalie. the soldiers and populace coming into collision.

FRENCH EMIGRATION. The Colonial Council 'have adopted the

Tux Moyune filled up at 4 in Hankow and

News learns that the Talamon end. Benieďt are fall at 45, and the Flintshire is said to be rapidly filling at the same rate or 5%. leas, The Moyuna arrived at the Woosung Spit Boy soon after om, on Friday, and proceeded on Government scheme for assisting emigration, her homeward voyage at 3 pm. The grounding of this vessel near Dove Foint was unavoidable. The Telamon was to leave Hankowon Saturday BUSINESS on the Rialto has of Inte, and indeed Is still, practically dead. All the principal local stocks remain stationary and even Panfims after stagnation, however, will inevitably lead to gond a fairt flicker have again gone out of favor. This

results for it will assuredly weed out most of thr

and recommend that it be pasted into law.

LOCAL AND GENERAL.

THERE were no fewer than four murder case on the calendar at the Marssizes at Penang.

THE P. & O. S. N. Co.'s steamer Thibed left Singapore for this port at 5.30 p.m. vesterday. The 4th the of the Lawn Tennis Double Handi- cap must be completed to-morrow, and the final on Thursday.

New York's oplom dent were rided the other day and thirty-nine white girls were brought in to the police station. One was claimed by the husband, whom she left two months previously. An Emergenev meeting of Zetland Lodge, No. $35. ECA will be held in Freemasons Hall, Zeiland Street, on Friday, the gib instant, at 5- for 3.30 p.m. precisely. Visiting brethren are cordially invited.

THE latest pipers from Tonquin report an increas in the rebellious movement; hands of disaffected natives are combining everywhere, and even artillery is being seat out against ...

them by the authorities.

nondescripts who for years past hrve posed n brokers, and leave the courts clear for those members of the Iraternity who are both reputable and hard-working.

recullar hallucination induced him to hellava that he was a prize-fighter was seen on the Forů at Shanghai stripped to the walet in the attitude. of sparring with the statue of Sir Hairy Parkes,

A crowd of upwards of hundred natives appeared to enjoy the exhibition till a foreigner

went as far as the Custom House, where he found a policeman, and the local Sullivan was haled to the Central Station.

The Paste. Tad-on, Kiangkwan, And other beats still persist in carrying passengers, in epite certain people who have no connection with of the philanthropic and disinterested efforts of

Batterfield & Swire, and so a result, the pror unsppreciated Mississipoi river barge Hanksw has now been compelled to give free passages for Chinese between Hongkong and Canton, rather than_let_poor misguided coolies risk their lives

on other boats at five centu a lime. Ar the Magistracy this morning two coolies who had allowed a truck to run away with them and

A VERY Interesting lecture was delivered yester day afternoon by Mr Wone Se Trou in Queen' Road West, to an appreciative, audiênge of coolies, hawkers, and street loafers. Unfor- tunately the accommodation was so limited that sh down a hill in Chinatown at a reckless pace, thereby running over one."hau Fou and Queen's Road was deemed by the police to be obstructed, and the Friend of Man was per.necessitating the amputation of a toc, wers sanded to seek the deep seclusion of the prison ordered by Mr. Wise to pay $a compensation. One foot, $20; ana hind leg. $40; and one com cell." He was brought before the magistrate On this baslea acale might be drawn an thusly

plete Chinaman, - Štoo But the Singapore to-day and fired two dollars. Philanthropy is

coolie brokers say they can buy labourers whole- 'wala la Chius at $90 per head.

not encouraged in Hongkong.

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FROM the and till the night of the 3rd May, says |the Shan-pas, a terrible" wind storm'swept over

Tengchow. Fu in Shan ang and its adjacent beas Ir the Boston Globe, man he believed the It was just fishing sexson, and over 1000 fisting | Americans beat the world in fast steam launches. junks were capsized and swept away by the That paper says that included in the work turned mighty waves. It is calculated that 10.00 lives out this winter by, the Herreschoffs, Bristol, were lost. The oats belonged to the inhal itants R. 1., is the Mississqui, a steam launch 48 feet of the coast of Tengchow Fu and of the group of long and 71 feet wide built for W. Seward Webb small inlande to the westward of the placa. for use on Lake Champlain, Her bull is mabog-... Thousands of poor fishermen's families are thrown any. Her speed on trial was tot miles an hour. into want and destitution. About Tis, 2,000 is A sicam yacht, 112 feet long, is now building for absolutely necessary to succour the immense Wm. R. Hearst, a son of the late Senator Hearst, misery, and contributions are earnestly solicited. of Califomin. She is to have a required speed of ag miles per hour. A steam yacht, 98 feet twenty iron-clads, cruisers and gnn-boats, left the required speed being 23 miles an hour. A THE Northern Squadron, consisting of about long is building for E. D. Morgan, of New York. Taks for Port Arthur on Sunday werk, under nall steam launch, to be used as a yacht tender,

is belug built for a New York gentleman. Hung-chang left at the same time in the Chips Merchants" steamer Haean for Port Arthur to witness the evolutions of the fleet, which after THE charge against Inspector Grimble, which tien-wan. The maneuvres took place between leaving Port Arthur were to proceed to Tab- was to have been brought up at the Magistracy Welhal-wel and Tah-lien-wan. From this, to-day, was further remanded for a week, on the says the Mercury. It will be seen that the state- application of Inspector Stanton, as the principalment about the Viceroy's recall to Tientsin is witness the girl Elizabeth Simmonds, gave birth | Incorrect. There are four foreigners on board to a son this morning.

the feet,

A FRENCH operatic (? opera bouffe) company of twelve members, including seven ladies, will commence operations in Singapore about the middle of the present month. This company would do well in Hongkong. MR. TSURUHARA, Consul for lapan at Shanghal. was on Saturday, informed by telegraph that rewitch, has been tried before the Supreme Court opened at O'su, and condemned to penal servitude for life. •

We continue to supply large bottles as/ Company of China, Japan and the Straits quotations for our various local stocks he Tsuda Sanzo, the man who attacked the the command of Admiral Ting. Hin Ex. Li heretofore, fras of Extra Charge, to those of was altered to the Bank of China? Is it our Customers who prefer to have them to the ordinary sise.

COAST PORT ORDERS, whenever practicable, are despatched by first steamer leaving after receipt of order.

FOR COAST PORTS, Waters are packed and placed on board ́ship at Hongkong prices, and the full amount allowed for Packages and Empties when received in good order.

Counterfoll Order Books supplied on applica

Hoa.

Our Registered Telegraphic Address la, "DISPENSARY, HONGKONG," And all, signed messages addressed thus will receive prompt attention.

The following is a List of Waters always

kept ready in Stock :-

PURE AERATED WATERS

SODA WATER

LEMONADE

POTASH WATER

LITHIA WATER

SELTZER WATER

SARSAPARILLA WATER

TONIC WATER

GINGER ALE

GINGERADE.

not a well-known fact that it was because the very name of a Trust stinks in the city of London, where the prevailing impression

is that all Trusts are more or less rotten?

We will furnish our friend with a few extracts from London financial papers on the subject.

15th November 1890.- We have little doubt that ten or twenty years hence there will scarcely be one of the present, trusts, whether English or American, in existence, as many of them even now are known to be hopelessly rotten or involved."

8th December 1890,-"Our reader's need | hardly to be reminded of the risks run by investors who embark their money in the hosts of Trust Companies which have been floated since the Trustees, Executors and Securities Insurance Corporation was launched at the end of 1887. Tll within a very short period, when the stomach of

they stood at figures denoting public

In the face of these extracts it does not necessarily follow that too much reliance need be placed upon the statement that Trust Companies in England have been almost uniformly successful. The prospectus now under review certainly aims at avoiding the perils that have wrecked, or threatened to wreck English companies, but at the same time it shuts out all chance of this company being an 8 per cent. dividend-paying stock. "Is the investor aware how small a part of the dividends heretofore declared have been derived from the proûts of properties acquired by the Trusts is a question that may well be asked. This company is being formed for the purpose of trading in dividend-paying companies only, and it may reasonably hope to borrow from three to five millions of dollars for that purpose. Quite right! we have no doubt it would find little difficulty in borrowing, say three millions of dollars, upon which it would pay interest at the rate of 7 per cent. per annum; but the important question is-In what securities could it invest these borrowings to produce 7 per cent, per annum? anyone will cast his eye over the market

will find that very few pay 63, much less 7 per cent. This new Company proposes also to buy for cash and sell on time, thus securing the heavy rates of Interest pald on such transactions, We wonder if Messrs. DICK, Coxon, and MELOTE ever heard of the battle of Waterloo! If so, perhaps they may also have hoard of the great Duke of Wellington, who is generally credited with having formulated the trulsm that high interest means bad security Mr. ADAM LIND may possibly have helped the promoters with the childish nonsense that if such a company had existed twenty years ago it would now be receiving 17 per cent. on its Investments! But why not fifty years ago?If it had started fifty years ago it might have bought Hong kong for much less capital than it now proposes to buy a few shares with, and be receiving, not a paltry 17 per cent per "New companies are likely to be formed

and may show as handsome profits and as vast increase in value as anything in the past." We hope so; but surely capitalists would not seek the intervention of an outsider to acquire an interest in such undertakings! Besides, this Company actually shuts itself out from new ventures, however favorable their prospects; if must wait until they have proved themselves, and become dividend-paying. The idea of excluding `mining and planting companies from the scope of its opera tions is also suggestive, as it shows the promoters have little confidence either in their own judgment or in that of men

*

EVERYTHING mnt be quiet at Ngankin, says Friday's Mercury, as the French man-of-way Inconstant arrived at "hinkiang, from that port yesterday, and anchored to the west of Garlic Hill. The Porpoise pissed Chinklang the same day on her way to Nanking.

We notice that Judge Carpenter ordered General Butler to be forcibly removed from the court Toom at Boston on April 1st. General Butler, it appears, had incurred the displeasure of the Judge by criticising his rulings, hence the gross insult offered to one of America's greatest lawyers. THE young sailor of the German gunboat of who wrote home to his father the brilliant story of the crew of that vessel's encounter with pirater, which caused so much excitement in Germany, at the Admiralty, the Legation in confinement.

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commence

MY

THE MOUNT\AUSTIN HOTEL.

Yesterday afternoon a fairly numerous section of Hongkong residents went skywards as far an Mount Austin, for the purpose of seeing for themselves what manner of thing had resulted from the scheme that has been hatching for over two years-the scheme to supply the colony. with a sanatorium and family hostelry, whither quiet and respectable members of the community

for could flee

rest from the toils and dissipations the city, safety from its perils to health and Immunity from its mountaincus tariffs. The inaugural dinner was quiet and thoroughly Isherwood, the manager, to so cater as to give a atisfactory, for. It is the motto of: Mr, Robert

not bewildering choice of the best vlands of the season, served in the best style.

of

THE letter of Mr. E. Mackintosh, Chairman of the Hongkong General Chamber of Commerce, to the Marqala of Salisbury, published in our issue of yesterday, is both an amusing and suggestive production. It Lord Marqule," and is copiously, not to say offensively, considering to whom it is addressed, Interlarded with such expressions as "Her Britannic Majesty the Queen," Her Britannie

Most of the party were subsequently conducted Majesty's Minister at Pelcing," "Imperial China (sic). Customs," "Your Lordship, by the courteous manager over the establish etc. And a few hours study of the simpler

ment. It was well worth the trouble to Inspect the various departments and note the admirable arrangements. The object that powerful but not quite omnipotent Chairman of the architects, furnishers, and decorators have rules of syntax would possibly prevent the the Chamber of Commerce Imm again publicly

kept constantly before them has been to ensure exhibiting a weakness in English grammar. which for such a great man is very deplorable.

comfort, and there can be no de ubi as to their success. The foundations are solid rock, so that the risk of fever is practically Taus the Singapore Free Przzs of May 26th non-existent it is so situated that breezes from "A scene of seme excitement was witnessed at any quarter freshen and cool the interior at all steamer Palinurus was getting under walg's for termalaus quite conveniently near. The entrance Hongkong. Several passenger brokers' agents is bold and imposing, and the ball spi cious. To.

beyond which is the billiard room, containing t fine tables. To the left of the ball are the dining salons. The first is a charming parler designed for private parties of not more than fifty; it is elegantly furnished in teak, artistically adorned, and the table service is most attractive. The certainly the finest, in the Far East. The style publle dining-room is probably the largest, and of

No Credit given for battles that look dirty, the market turned against such ventures; annum, but 1750 per cent per annum. Peking, etc., bas been punished with three days the Tanjong Pagar Wharf on Saturday as the times, the view is magnificent, and the Tramway

Aerated Water, as such bottles are never used confidence. Is the investor aware how here from time to time," says the prospectus, THE Band of the ist Argyll and Sutherland High- and others, who did not heed the steamer- the right is a commodious bar and, em oke-room,

for any other purpose than that of Contalaing

again by us.

or greasy, or that appear to have been used

A. S. WATSON' & Co., LIMITED, Hongkong, China, and Manila,

NOW

[PUBLISHED BY AUTHORITY.]

small a part of the dividends heretofore declared have been derived from the profits (

of properties acquired by the Trusts? Is he aware that many of these institutions For Sale.

have gone wholesale, into the promoting and underwriting business? It is now READY. perfectly well known in city circles that many of these Trust Companies have at anything like never been able, the nominal quotations ruling, to get rid of hugs blocks of shares for which they made themselves responsible. The "THE HONGKONG DIRECTORY AND tide turned before they had time to unload, and these same utterly unsaleable shares now figure in the balance sheels as THIS Valuable Work, with many NEW valuable assets. Their profits as promoters who may be supposed to know some- and underwriters have ceased and they thing of the ground they are treading are saddled with shares for which they upon. Fortunes are made and lost-every stood sponsor, when the office apparently day in mining and planting ventures, and involved no responsibility, upon which there remains a serious liability for these Trust Companies will go to piccos unpaid calls. Depend upon it, numbers of before we come once more into financial smooth water."

HONG LIST, FOR THE FAR EAST" FOR 1891,

ADDITIONS and IMPROVEMENTS,

IS NOW READY,

PRICE THREE DOLLARS. Orders for Copies of THE "HONGKONG DIRECTORY" may be sent to the following

Agents :-

HongKono.....Mr. W. Brewer.

19

...Messrs. F. Blackhead & Co. ...Messrs. Heuermann, Herbst & Co. ...Messrs. Kelly & Walsh, Limited. ...Messrs. Lane, Crawford & Co. ...The Hongkong Trading Co., Ltd, ..Man Yu Tong, Hollywood Road. MACAO.........Messrs. A. Aïde Mello & Co, AMOY and

Mr. N. Moille. FORMOJA...

Foochow SHANGHAI

& NORTH-

KRN FORTS

Mr. H. W. Churchill. Messrs. Kelly & Walsh, Limited,

Shanghai.

Mears. Kelly & Walsh, Limited, JAPAN ............... Yokohama. BANGKOK ...Rev. S. J. Smith, SINGAPORE..Mears. Sayle & Co., Limited. PARIS and Messrs. Amédée Prince & Co.. LONDON...

or to

"THE HONGKONG TELEGRAPH "Once,

Pedder's Hill, Hongkong, January 19th, rögt

TO SUBSCRIBERS.

SUBSCRIBERS

TO *THE HONGKONG FELEGRAPH"- ARE MOST RESPECTFULLY

ERMINDED THAT ALL SUBSCRIPTIONS - MUST BE PAID IN ADVANOR.

leaders will play the following programme at the Officers' Mess this evening, commencing

at. 8 p.m.-

Overture... Flotte Bursche”.......................... Suppe. Vale

Mon Atalar Ballet Munia."William TeX"................Ripanini,

Brigand

Selection." The Bilds #arcadanta

***...Sullivan. GUSTAV VON WILLE charged four chair coalies before Mr. Wise to-day with wilfully disabeying lawful orders while in his service, on the and and they refused. He had a few days ago "cat Inst. He ordered them to come at 8.30 a.m., them 20 cents for Impudence." He sent for them a second time, and threatened to take them #Maskee," so he at ance carried out his threat: They lofitly replied They were fined $3 cach, which they paid at once.

to the Police Cour'.

starting signal, suddenly discovering that the ship had left the wharf some distance, jumped overboard and foundered towards it. Among them was one who soon became exhausted and wat in a drowning condition when rescued by ☀ dock employé. Such men who crowd a ship's last moment of her departure Impede business deck immediately on her arrival and up to the very much and are justly regarded as a source of annoyance to ships officers and passengers."

decoration is simple and yet imposing there is an air of luxury and refinement about it which is usually only seen in large mansions or a Sour time since a ukage was fitned by the leading London club. There need be no com- autocrat whose important business it is to ser plaints as to the service" boys innumerable that the highways of Hongkong are kept free are in attendance, and, rare merit, they are all other loiterers were to be moved on. This | from obstruction, to the effect that brokers and | civil.

It is a golden rule in the Esst never to go into was carried out in a measure, but now the same the kitchen, for the altar of the native cook is lordly one has started another crusade against usually set op amid surroundings the reverse of formen more worthy of his steel-the lower- attractive, but under the Itherwood regims it A SCOUT or so of squatters, including the halt, sellers, to wit. These unfortunates, the head is a poskive pleasure to wander through, the the lame, the blind, and the mained, young and front of whose offending would seem to for real ranges with all their moden a painless lidsen, were lists in esterday from the livelihood by selling bouquets and button for steaming, grilling, etc., etc., the hermetically men and maidens, patriarchs, be that they were making an

the

region of Causeway Bay. On coming before the holes to the passers-by, have now been sealed floors and walls which defy the ferocious The solicitude Magistrate this morning they were instructed driven off the Club corner, where they quietly blattus orientalis, and so on. that if they would apply to a patemal Govern did their harmless trading. Live and let live for the comfort of guests is shown wherever one ment they would probably be given more suitable is an ancient motto bat one that la cases such looks-At what must have been considerable fand to squat on, but that if within a fortnight as these, anyone possessing either sense or expense verandahs have been erected outside the Fancy expecting Government officials to get wharves, might with justice be subjected to sidor hot water la Jald on everywhere, the bod holding they would be fed or imp present humanity might well adopt. The horde of ricka hoses to enable the servants to perform their would be or imprisoned, and chair-coolies who besiege the hotels and dates without intruding in the rooms and cor

stricter supervision if the police are really in want of some work-for they are indeed a nuliance.

this Company closes the door to the one opening that would seem to mainly or it is. not. If it intends to make money, justify its existence. It is either speculative,

It must either shoot the public, and so make anything done within a fortnight i money, or be shot by the public, and so lose it. But we are philanthropista, says the prospectus In effect, "and hope to confer a lasting benefit on the shareholding community generally." The philanthropie Idea is a most beautiful and sublime one, but we sadly fear that in this colony It is about played out. It is reported that 21st February, 1891-England has when this notion of benefiting the share. been bullding up a house of cards slace dealing community was reported to one of 1886 and the bankers have financed it. The our best known operators, the astute man smash will bogia either when the Trust of business satirically replied "Beautiful, Companies, which probably represent fifty my friend; but they'll lose all their money the 23rd ulto, and telegraphed to the Emperor to the farry faint.. "As soon gathe first samples The Zafro arrived from Manda this morning,

14th February, 1891.-"Twelve months ahéad seems

a long time in hand, but nevertheless these Trusts must go. They are nearly all as rotten as peas and all tarred with the same brush, usury and commissions for those who manage the investment operations."

millions sterling, pass their dividends, or when the different banks tell their share- holders that, owing to their heavy losses over the Baring guarantee, they can pay no dividends. Day by day we are gradually getting at the truth of the Trust Investments, and judging from what we have seen we should say, there can no longer be doubt that the whole, or nearly the whole, of these concerns are well-but it is evident they have all been manufactured, and are now being run for the express delectation of the Directors,**:

At the Harbor Office this morning, Lau Shan, master of the steam-launch Prudenci, was charged before Comr. Hastings, Acting Marine excess of the number allowed by his licence. Magistrate, with having carried 29 passengers in The Protector-in-chief of the ferry-bout traveling public not belog present, the police, in the person of P. C. Alexander Niven, prosecuted. The later stated that be counted and recounted the passengers and was certain that his figures were correct. Defendant said that just prior to leaving Kowloon a crowd of caplies rushed on board and would not be denied. $60 or two months hard labor.

...

without, accident and that his health WAR

Tx Czarewitch reached Wladivostock safely on in twelve months," If the Stock, Share and flapan announcing that his voyage had been Debenture Investment Company is not excellent. He thanked both the Emperor and speculative, it proposes to incur enormous Empress again, and in warms terme, for the courteous hospitality shown to him in Japan, expenses in directors' fees, salaries, office and declared that it would always remain with rent, etc, for the purpose of borrowing alm as a pleasant memory, The Emperor money at 7 per cent. to invest it at 6 or 6ating the Prince on his safe arrival in Russian telegraphed an equally cordial reply, congratu- per cent, and finally to give a dividend dominious, expressing the greatest satisfaction that cannot possibly exceed o per cent, per at the news of his good bealth, and praying that annum-if the promoters do what they the rest of his journey might be prosperous and secure, Whatever effect the Orna Incident may propose doing, which is to lose one per exercise on the mutual feelings of the Japanese cent, or thirty thousand dollars year certainly brought the Governments of the two and Russian nations, says the Mall," Whas on the three millions they expect to Empires into much closer and more cordial borrow,

Telaions than was the case previously?

rooms and sitting-rooms, are: spscious and furnished with regard to both comfort and appearance the lighting in Installed on a liberal scale să and, a hill has, been, obiliersted, that - tennis courts and a promenade, might be provided. A considerable number of resident are already staying there, and when the coms paratively low terms are more generally kapwa the demand for the remaining accommodation. will without doubt be fierce and frenzléd, Wa with Mr. Humphreys undertaking every sucoes.. Messrs. Danby, Lelgb, and Orange were the architects, Mesus Lane Crawford and Co had charge of the furnishing, and Ms. W; Martens invested the whole with artistic meait, there THE BANK TROUBLES IN MANILA.

THE Hankow correspondent of the N. C. Daily be taken, if prices paid be any indication of News writing on the 24th nitraays—It may quality, that some exceptionally fine teas have been received from the Ningehów, districts, as might have been expected, and some exirant- dinarily grand teas from the Hunan and Hapeh provinces which certainly were not expected. The Hanków teas how a marked improve ment in make, Hqtor and general quality, a great advance upon last year's grow, which was "Fine, by. "defect, and delicately werk! On the other hand the Ningchow, excepting always the head chops, have again throwa were shown on this market, buying commenced. and purchases have continued to be made with but brought no exchanges lezer than the 24th fuent iteration during the current three May, so that we are unable to say what is the weeks." Prices, of course, are no pure cafterion Spanish version of the torable with the Hong- of quality. A great Muscovite appetite rong and Shanghal Bank's branch there. No bad to be satisfied at any cost, and to for officiel toformation is obtains ble on this side, certain time, buyer for Russia had all either, but from what we can gather Jurado last authority it is stated that it will require all the $900,000 security for the damages he is the cake to themselves; buj on high financial week obisited "legali, authority to impound vented appreciation of the Russian rouble to claiming for false imprisonmentes Armed with stop gap the difference between the net proceeds this he went to the Bank which is situated in of account sales and the value of the Hankow narrow lane neat the riverside comparted draft, despite the gradual decline in the already by a number of soldiers, and several; bullocked comparatively low rate of sterling exchange carts, they entered the Bank Mr. Townsend, Kinklang districts in estimated to show de bis lawyer stoned When they came the found "The first" crop-from? both the Hankow and the manager, slipped out at the back and fetched ficmey of 20 per cent as compared with fast the soldiers behind the crater, busily countles |- yaar, vis 10,00ë hall-chests short,