1895-07-27 — Page 3

costs 3.1-1ad. in Shanghai what would it cost In Liverpool? Next go to an Indian friend and sık the price of cotton in Bombar: He replies Rs. 140 to Rs. 200 per candy. With his assistance and the "xplanation that candy is a weight of 784 lbs.we fiard R. 140 equal to T, 8-8- per pical and Rr. 200 equal to Tis. 12-5-5. What cotton In Bombay dearer than cotton la Shanghul onė exclaim and then the frlend miles. We do not

turn Tis, 200 calion lato yarn la Bombay, bat ship it to England where it sells for 3-13-150. per pound or only 1-16d. below American. Nor does our Indian 'friend's countenance 'lengthen when we tell bio Shaphai mills will soon take away all the yarn trade from Bombay. He whispers something about cheap cotton and low Bumbere.

Then we refiset, if colton planing in Japan is such a signal success and cotton mills in Shanghal are to be the money-making concerns people say they will be, why

аге

mills in other parts of the world

|

i

i

THE HONGKONG TELEGRAPH, SATURDAY, JULY 27, 1895.

LEGAL. JOTTINGS. ·

WILMER . MCNAMAR AND CO., LIMITED. Where the veine of the assets of solvent company has fallen below the nominal amount of the share capital, the company, in the absence of any special provisions in ft articles or of a lease binding the company, is under no obliga- tion to make good such d ́areciition in the vAÏDO of the assets, before declaring a dividend out of

the profits.

Depreciation in the value of the leases and goodwill of a company is a loss of "fixed "as distinguished from "flastlog "capital.

The balance-shest of a company cannot, therefore, be impoached on the ground that t does not charge anything against revenue in respect of depreciation of goodwill.

ROBSON 2. SMITH. Dibentures whereby i charge in the nature ruch dismal fallures? . Twelve `Oldham Frills | of what is called a floating security over all a 87 per cent discount, 35 Bombay mills, 30 company's properly la plven to the debenture- per cent, discount: 5 Calertta milis gå ner cast | holders allow the company to deal with its discount. So off we go to another friend and assets in the wedinere cousea of business untiĮ ke sayı-“Oh! its all right. Indian vallls the company.ilmannd-up, or stops business, or produce 900,000 biles of yarn a year. India # receiver is appointed at the lastance of the can only conrome 500.000 hales and the other debenture-holders; or, in other words, such 400,000 bales have to be shloped away and sold debentures contlluta a charge, but give a for what they are worth. How can you expect licence to the company to carry on its business, Indien mille to pay under such conditions ? " So long as the debentures remain a mere float- But Japan, how die her millle pay, how can the ing security, that is to say so long as the Import cotton and solo at a profit ? "Very licence to the company to carry on its businča simple," says our friend, with a furny smile, has not been terminated, the property of the "dule $4.83 upon every bale of yarn imported, company may be deall with In the ordinary equal to a bounty of that amant upon every course of baslerns as if the debentures had not hale of yarn, some in the country. Suppose been given, and any such dealing with a' parii« Tapan makes .200 000 bales of vam a Year cular property will be binding on the debenture- instead of importing It, then the Customs Joreholders, provided that the dealing be completed $966.000 and the mill-owners gat it, and as before the debentures cease to be merely a production in Japan his not yet overtaken con- floating security. sumption, why mills pay there.

Reflecting 201 these things it Teems as if cotton oplaning In Shanghal were nd great "catch" after all, for if they have no country at thele back that cannot consume the warn they make; and if they have to pay $1.62 per bile more daty than Indian yarn pays, India will be in no warse plight to-morrow

|

The holder of a debenture which constitutes only a ficating security so long as the company continues to carry on its business, and no steps have been taken to wind it spor to get a receiver appoleted, cascot single outs particular debt due to the company, and give notice requiring that debt to be paid to him, or not to be paid to the company, or to persons validly claiming under the company, and under such circumstances

ABOUT CROMWELL,

HIS ENEMIES.

One night, after dinner, I sat down on deck next to the womas in grey. I had not been able to help hearing about her, Name, Mrs, Sabins, the wife of a year and a widow 6 months, "Old Noll is not to be commemorated by returning to England to fly andsubtedly the Inti-ution which be reduced to the contampl- wealthy and certainly sufficiently attractive ble-dimensions of "the Rump" by the aid of to cause ber sex to make ill-natured remarks. Pride and his lambs. The emphatic protest of 1 had miliced her often, but we had Mr. M'Carthy, speaking in the name of the never spoken more than passing word1 Ish people. has put an end to the profset to Always the same, calm and impassable, always Weaford massacres. How the project could and yet I had watched her tile, commemorate the author of the Drogheda and

exhaling the same

men

fatot odour of scents

usually tested on the most comfortable chair in the most comfortable comer of the deck, reading or talking. She treated the two or three young who had constituted themselves her admirers with a mṇavily and fadifference which would not have flattered them had they been older-cold woman, ong would have, sald, casually incking on, but those large, dark eyes betrayed her. The eyes are the windows of a woman'e snot, and it was looking late those that I thought I saw daylight—or was it night 7

As I sat down that evening I had not noticed at' first who was next to me. We were at the far end of the deck, and the mogo, like a dlic of gold, was only just rising from the edge of the distant water, Smoking in the half-light, I sat watching my companion, who was gazing seaward. It was one of those times when silence is the best of all talk, which ruly the utter fool kills with words. Presently I heard monaurs in the dietante, and my name sounded familiarly in my ears, with uncomplimentary adjectives attached. It was the first time I had not turned up for the usual game, and the regular party were wrath.

Mr. Sabine looked round.

How much do successful barristers make in of the rubbish in that part of the world, would year? Some particulars given in the ❘ also be at ridiculous prices, bat, unfortunately London Hame throws some light on the ques. for promoters who are loaded up with scrip, tion, It is commonly cald that Sir Charles pilosa-have-moved-the-wrong-way-when-they- Russell never made less than 10,00301 £15,000. have moved at all. per annum for many yanıa pieceding his promo- Coolgardie newspaper correspondents have tion. Lugs as his income was, there were

come to the rellet of Cashman's Brilliant Reward balf a doz n men at the bar ruaning it very mine."The only ground for statements mada cles Both Sir Richard Webster and Sirto Londoo is the result of 20 tons stone put Eward Clarke are making fully to coo through the Tierra Secca dryblowing machina, year, and men like R. B. Finlay, Sir Heary No stone from the mine has been put through s Fames, J. T. Murphy, Lawson Walton, Fleiding battery or any other recognised mole of treat Dickens, W. Wills, Cozens Hardy, Graham men!" And is there an ciber means of testing Hastings and others are credited with almost reef than crushing a large quan-ily of stone? rqualy large, exinings. But must Queen's Welter has seen this reef.” It is four to fire feet Counsels are, of course, very much less fortunate, thick, has a little palat-gold occasionally on the NATIONAL NICKNAMES:-Englishmen have hanging-wall, and stems almost barred every- submitted to the name of John Ball, as suited to where else. It might go 5dwi, in bulk, but as the national character, a Scotsman is Sandy, nearly roca oz, were gat within a few yards of the Islabman derives his name, Paddy, from his it, a big puch may be found in it some day. national patron saint, while an ancient oursery Same day ! 1-Sydney Bulletin. rhyme records the fact that Taffy was a Welsh- men. English, vaflors call the Frenchman, in contempt, Johnny Crapand; but in France hals Jacques Bonhomme or, as a bourgeois, Monsieur Prudhomme. Cousin Michel is the name by which the German is known to the Continental nations. Mynheer sums up the Dutch, while the Switzer rejoices in the name of Colle Tampon. Don Whiskerandos is almost a national nickname for the Spaniards, dating from Elfsab tban times. Italians are known as Learoni and Danes as Danskers.

bave originated with a Liberal Government psyses comprehension. If, as the old Scotsman sald, be made kings feel that they have a neck, he discredited the cause of consti ational progecas by proving that the soul of a dictator often masquerades in the person of a pretended champion of liberty. As between the two tyrants, Charles and the Protector,, even the average Liberal night prefer "the blessed martyr." He was the worst enemy representative Govcrament ever encountered among the rulers of England. Those reasons ought to have been sufficient to prevent the proposal from ever having been seriously entertained. The inalt Lavolved in it to Irlah ferling made it impossible that it should be endorsed by the House of Commons. Mr. Morley is Harprised that the outrages of 350 Years Ago should will be barsing memory with Irlah- But if any English ruler had ever me. deported his countrymen to the slave plantallons, the saggestton that a national memorial should be erected to him would encounter some POLICE IN RUISIA :-The 'Rusalan godovay opposition. Ms. Balfour holds thatths memories of the past make all the Irish questions of the indeed. He makes up in department and (policeman) is usually a very small policeman present. That is an error of the other extreme dignity what he lacks in size. His countenance His own Government of Ireland was animated bears evidence of unbending severity; he is with the spirit of Cromwell, and was every bitrever soon to smile; he is minute but majestic; as offensive to the principles of constitutional dirty but dignified His dress is a long Kattan, liberty. But we are glad to see that he which the Ignorant would unhesitatingly With a half m'le-"Do you consider yourself of the past have upon the present relations of criments the left side, while his legs are recognises the potent influence of the evil records pronounce to be a dressing gown; a sword England and Ireland. He ought to be carefal Incased la bage Wellington boots. not to add to them--Frasman's Fournal.

On his heed be wears a small military cap. The policeman lives in his own little house, about the size of a moderately large dog kennel, one of which is planted at the corner of each prlocipal thoroughfare. Here the little godevoy sleeps and eats his meals and disposes of the spare time upon his hands. The Irish

"Your friend," she said, “ are calling you.' To myself I said, "My filands can,———"but aloud----

"Thanks, but I know when I am well off."!

well off now 7 "

"Yes, I think so,”

To the good allthings are good, but some are better than others, and I did not regret the Cards. We talked and talked in the shade of the deck-house till the lights went out, when banding my companion her wraps, I went to make my peace with the justly-Indianant gam blers. It was the only time I had disappolated

than she is in to-day. There's the whole shera a garolshee order has been obtained them, and, except the usual greetings, I had no

in the proverbial nut-ühell,

SHIPPING AND MAIL NEWS.

MAILS DUX:

American (Caßife) 10th insi, Geijian (Przuaren) qist last; Australian (Guthrie) 1st prox. Canadian Erpress of China) 5th prox. American (City of Rio de Janeiro) 10th prox. Tacoma (Strathnevis)' 14'h prox. American (Gaelic) 19th prox.

H

THE P. & D. S. N. Co.'s steamer Adon left Singapore for this port at 6 pm, yesterday.

THE O. & C. S. 5. Co's steamer Coptle, with mail, &c., left Nagasaki, for this port at ƒ p.m. yesterday,

again the debtor the garnishee may safely ply his debt to the judgment creditor without reference to the notice.

The word "charge in i

debenture providing that the company" shall not be at liberty to create spy mortgage or chargë upon, any pro- perty la priority to the debenture will be con- strued strictly, and accordingly parnishes pro- | ceedings (which are only a form of execution) do not lead to aby "charge” la, the true sense being created on the debt genished.

THE "ARNO" SALVAGE CASE.

If a ship is abandoned by her master and crew during the voyage: and the cargo owner | exercisen hit right of tresting the abandonment as a determination of the contract of affreight- ment, the subsequent recovery of the vessel by the shipowner from salvors at the port of dis-

HI FRIENDS.

The success of the alliance of Tories, Unionists, and Home Rulers, in preventing the erection by the Government of a status of Oliver Cromwell has undoubtedly caused gro and widespread dissatisfaction, Members had their own reasons for opposlug further word with Mrs. Sabise till one morning the vote, and we do not quarrel with these 'the ship swung round in the Bay of Colombo,

reasons any more than we defend Cromwell's When an ocean steamship stops at a post-Irish policy and his execution of it. But Ireland -whatever other piece of imbectilty you may be guilty of, never go ashore with a party-that Protector, and Englishmen have vital reasons. was only one series of events. In 'the life of the a party of more than one. Insult the captain, quarrel with the chief steward, or stay on deck for remembering with profound gratitude and admiration much of the rest of his career. He While they are cosling, if you like—anything is

was the embodiment of a thousand of the proud- preferable. They are always of two kinds, these eat characteristics and most worthy aspects parler. One set, the lesst objectionable, invades

it may be there would be no political and social liberty as we enjoy to-day none of the vigorous, active, pablle-spirited Nonconformity which is at the root of much that is best in our patinal life, and no British Empire bounding the great-ocesss of the globe. Yet while London is disfigured with memorials, more lasting than brass, of many a worthless monarchs, the Parliament of 1895. Informed-wo are omiting reference to the Irish Members-by

The Daily Chronicle in a recent Issue says nglishmen will read with satisfacilen that the take the palm over there of all other nations on abips flying the white ensign of the British Navy this conspicuous occasions, and also that after Italians represent the greatest naval strength. our own ships the vessels of our leads, the Happily there is no cloud on the horizon to suggest that these monsters of the drop may be that dresdfal task for which they are designed, called open in the immediate future to perform

COMMERCIAL NEWS.

HONGKONG SHARK MARKET.

Honkkang, July 27th. Mr. Erich Georg in his Wickly Share List iarned at noon to-day states --

The market has remained qalet and Inactive during the week.

BANK SHARES.Hongkong and Shanghels have ruled-qalet with a few small transactions st 181 to 179 per cent, prem at the close therm are sellers at 179 per cent, prem., buyers having withdrawn from the market until after the settle tlon is £44. The half-yearly meeting of oat ments of the gist instant. The London quota. 5. great local institution takes place on the roth proximo, transfer books being closed from date The report has been issued and shows net profit of $1,763,803.38, which, not taking into account amount carried forward from last account, is equal in about 16.44 per cent. the paid up capital, an against 16 77 per cʻnt, for the preceding hall-year, and 11.44 per cent, for the corresponding half-year in 1894. The directors recommend the transfer of $500,000 to cradit of. reserve fund, which will then stand at $5,500,000, to pay a 'dividend of 25 shillings per share (absorbing at an exchange of 3/14 the sum of 8936,585.16), and curry forward to new account the sum of $312.2170z. The note Issue ha decreased $433.665.03, while the deposits show and gold deposits of 3261,9 to 74. The item cash in hand shows the enormous sums of an increase; silver deposits of $15,241,735,71

have changed bands at $25 and $16, and at the $44,664,055.59 A few small lots of Nationale

latter rate the market is strong.

MARINE INSURANCES;—Unlons hava ad- have not heard of any sales, holder looking for vanced to $172 and Canion to $157), but I

the princi, al botel, drinks unlimited whiste i of contemporary England.. Without Cromwell, but it is as well that the sight-seers of Klel-- | # Farther Improvement. North-Chinas have

probably insult the native trader with loud chaff and gentle satire. The other, and more objectionable set, holsts you forthwith into a hired vehicle, and with much jolting over a roads, roshes you from muteam to church and from church to museum, landing you back in the evenlog helpleas' wreck, with only the satisfaction of knowing that nothing (In the

object-larson to the effect that the Power whose greatest interest and constant pre-occupation is

siew, too, the ships recently at Kiel, for all their peace is able to command it by her readiness for the other alternative. From this pofat of fearint suggestion of nations in arms ready for and foundation of peace, Even soldiers and bloody conflict, may serve as a new incentive sailors, as well as rulers, looking at them, may reslise mare vividly than even before what an

Springfield-x mere toy in comparison with rs. When Longfellow viited the arsenal at these armaments-that was the principal thought that be carried away from the sight of the "organ-pipes" of stacked arms:--

demand at the higher rate. Yangteres continue co offer at $95. Chica Traders have been sold

at $19 to $igh, at which latter rate the market at $70, at which rate. shares can be procured. Several transactions in Straits have been reported closes steady,

inquiry, hat of Hongkongs a few sales have FIRE INSURANCIS —Chinas remala without

been reported at $15 to $120.

THE Imperial German Mall steamer Preussen, Charge not revive the contract, and the guide-book) bas bean left unseen, and that the the most contemptible party chicanery we carving the German mafis under date from owner of the carge will be entitled to have it whole is a confused jumble in your mind. I remember, has refused to set up in the night of | unspeakable horror lies behind all the allent Macao Steamboas' shares have been done at

returned to him without payment of freight. Therefore, on these occasions, go always alone Law Times, Jane aand..

or with some congenial spirit—aryhip's officer You can even as to go.

Berlin of the rat that, left Singapore for this port st3pm. yesterday, and may be expected here on or about Wednesday morning, the 31st lost.

TEE steamsh! Glenorchy, from Antwerp, London and Straits, left Singapore for this port this afternoon.

ARRIVALS.

SHIPPING RETURNS. From b ́p, yesterday to 6 p.m. to-day,

Phra Nangsteamer from Swatow.

Coast Ports, Wiedirostock. Salgon,

Holtan...... Transit

Luebeck ********

11640)

12

1

+

J

10

11

Cheyum............................

Frtir

Skantung un

Shanghai.

Holbow. Sourabaya,

Alles Mary (btik) Bangkok

17

Aggregailng_7,610 tons register.

DEPARTURES.

Phra Chom 'Klas...leamer for Hollow, etc

Уоран.

17

14

Oceana

H

#

Lightning yoruṛ

12

Memnon........

1+

#7

Chusan

10

11

H

"

Oscarshal

Singapore.

Yokohama.

Slog pore. Sandakan. Shanghai.

Bangkok. Shanghai,

Rohilla .....

Aggregating 12,249 tons register.

The British steamship Phra Nang left Swatow, on the 26th instant, and had light varishle winds and heavy swell from south and

eastward.

The British steamship Haitas left Foochow on the 24th Instant, Amoy on the 25th, and Swatow on the 161b, From Foochow bad light south-east to south-west breeze and south-east

swell to Amoy. From Amoy had light to mode Fale south-west breeze and fine weather to Lam mocks; thence had overcast weather and passter showers of rain, clearing up nearing Swatow From Swatowy had moderate south-east ends Polat ; thence to port had light south-west winds

and fine clear weather.

10

H

оне

H

+3

Cosmopolitan..

"

H

-WHT NOT

A TALL OF KASTEEN TRAVIL, Do you remember, old fellow, one parting some time sen at Slugspore, when we went our | different waya, to East and to West, to barbarism and to civilisation, each bound on the same errand? We were fall up then of Charters

Towers and of Gymple, had been cleaned out at Cloncurry, but two months on the blazing hilin at Croydon had given us our fares and little over, and there we were. Once gold-banter, always a gold-hunter. Sustelued by the hope that springs eternal in the prospectar's breast, you were bound for payable leads in the territory of the Sultan of Pahang, while I was travelling West to see if the man who bad fosted the Great Ebor Gold Mining Co.-capital £5000, no Ifability could raffle it with the men of London city, and perchance place a mine or two with s pabile over-anxious to grow rich,

all men a permanent rémiøder of the English the bush we were wont ruler of whom Thurles well said, "A larger on

I think, hath seldom dwelt fa a house of clay. Dally Chronicle.

I knew all thtrar I stood on the deck watching the red, whits and green of Colombo in the distance while perspiring passengers pouring over the side of the ship. Mrs. Sabize was standing near, nu (calm and imperturbable

21 ever.

4

were

Are you not going ashore ?" I asked. "Hardly, with this crowd,” she replied; "in the afternoon for a while, perhaps."

I made a suggestion:-"The ship does not all till to-morrow. There is plenty of time for sight-seeing, should you care about it, which I very much doubt. Let us have lunch on board

and drive to Mount Lavinia afterwards. We can dlag there and drive back in the moonlight, Will you come ?"

She agreed.

You know, I daresay, "that old driva through- the city and under the cocoa-nut palmus to M. Lavioli, and the stone-built kotel in the garden on the hill, overlooking the sea. How many

we xtrailed through them, and the wily Hiados, who usually possessed the front of the hotel, had packed up his wares and was departing with a satisfied smile. Our friends of the Harter had evidently not got the best of that.dent.

· ODDS AND ENDS.

.... Some men ar· all preamble.

In 1594 gunpowder sold for £14 per cwt. The useful and beautiful are never separated. An Idle tongue is one that is busy all the time. The debt habit in the twin brother of poverty. The splatter can at least lay claim to self-passes- ioo.

When the judgment is weak the prejudice is strong

You can carlly fill the public eye If you only have the dust.

The man who in standing op for you soon gets tired and sits down,

The coal-fields of the United States cover 194,000 square miles.

Some valuable ure has been found for every part of the malso plant,

The bright side of a situstion is hard to see when one is underneath ft.

A ben la a very superior creature, but she could never lay a corner-stons.

When marriage lu a 'aliere the chief bankrupt usually pots it all in his wife's name.

Strange But True-The * quiet" marriagu makes the most noise when it gets out.

Under the Jewish law, son Levitious xi, the cuckoo was conderated as an abomination.

The fargest Bible in the world is a manuscript Hebrew Bible in the Vatican, weighing 320lb,

Teacher-Who conquered the British and made our country great? Scholar: Jim Corbett,

The invention of the typewriter has given Implayment to half a millen women in America alone.

Men altending the pans la salt works are never known to have cholers, small-pex, scarlet fever or influenza.

A recent report shows that 11,530 convicis last year passed through the forwarding prison at Trumes, Rasals.

In the gardens around London, there are more specimana of the cedar of Lebanon than on Mosat Lebanon (self.

The Emperor William's birthday present to the Queen was an excellent portrait of bimself, painted by Mr. Arikut Cops.

It is well to remember that a woman with a

cheerful expression and manner of repose always appears younger than her age.

The bed of the North Atlantic consists of two valleys, separated by a mountain range that rons from the Azores to Iceland.

Slace then our paths have been always diverg-Australians and returning Indians and globe ing and our quest has been the same. The gold trotters generally have made the pilgrimage, was not in Pahang, but the lover was; and a lunching in the large ball and bargaining with sceptical British public, "got at" once or twice,

the native dealer in the broad verandah after would not look at my mines, though I had wards! That afternoon the drive seemed brought them rich specimens in a sack. We pleasanter than ever, although familiar enough, keep hoping all the time. You may be hobbling There bad been rain to lay the usual red dust your horse and making your fire on flat and it was not too hot. When we arrived we concealing its thousande, and I may awake found that the mob of sighter we had swept to-morrow in this dingy, dirty Tondon to find a through the place like a cyclone, and were offis multitude clamouring fox round, speculative another direction. The gardens were deserted mining investments. Who knows when the patch may be sirack or the boom begin? But, however that may be, we shall at least have lived our life out and not have droned it away,

We parted on the P. and O. boat Hector.

But they were gone, thank goodness; gone homeward bound. Do you remember the day?

with their feeble jokes, colse, and idiotle attempt A blazing hot sun (how I long for it now), a sky of one dead bine, and the city white and dusty at bargaining with men who could buy and sell and crowded to the distance. Seated on the them twenty times an hour. We were left in after deck we smoked our last smoke together peace. When we returned from a stroll along and watched the passeng retangling themselves the beach aur dianer was laid in the ball and we and their friends into a state of inextricable were alone. It must have been a good dinner, confusion. Singapore merchants, #gitated 41 Eastern dinners go, and the wing was mote mothers, little children, nativa naries, Malay than fair, but Mrs. Sabine made me forget both, HONGKONG AND WHAMPOA DOCE RETURNS.

for her eyes had never seemed so bright-nor porters and Chinesat

i traders, farewells, welcomes, Lungising. In Kowloon Dock. objurgations and bysteries, What a babel I and had she ever talked like that before. I thought Continental

wby, oh why, do most people make such fools that at laat I had found my better half, but I Glamorganskirt merma

of themselves at such momials? We watched had not-quite, Sishat LUTEIN)

all this for a time, and then-our attention Fort Stuart

was drawn to the woman in grey. It was the contrast, probably, that first attracted our notice, The Strails Martims Journal urges for, like ourselver, she was unmoved by the improvements in lighting the approaches to turmoil. Seated on a deck chair, quietly reading, at a paciale or watching the parsers to and fro with a lazy, badly wanted at Tanjong Hanto, ao especially half-contemptuous smile, what did we see dangerous spot. That Journal also dweils upon Height, one would say, about gft. 6im (rather the need for additional wharf accommodation at fall for a womae), large dark eyes, colorless face, Telok Amon where, så prosent, stenmmers are, in expressive month, figure good but slender age, conséquence, aften kept lying out in the stream perhaps, 34; dress, gray, cool and perfect. for many hours before they can come alongside Maid, wife or widow, we wondered--and then the wharves to discharge or take in cargo,

our speculations were broken by the pine be and you went your way and I went calne. Thus the Siralle Marliims Journal of the Of all that has happened since,

I cannot forbear

PUBLIC BECERSITY "What is the use of Soon, now on the stocks at Mours. Riley Har to tell you a little noë”. Life on board an ocean

having three papers in a small town like this greaves & Co.'s shipbuilding yards at Tanjong steamer, who can endure, at the time, with Rhu, is to be launched on Tuesday morning patience, or think of allerwards without regret ?

"So that one can refute what the others says."

A London Grm, which has manufactured eight the pioneer of steel shipbuilding id' the Far Some come out with heavy volames and a pre- | Cingaless driver was probably getting drunk in England, makes oraliah Khan, the barrister next, the 23rd Init. This vessel is sild to be After all, there are only three things to be done, cigar was finished and the evening done, the of the 12 cables linking the United States to miles of cable each 24 hours. East, and a good deal of interest centres in the tence of work-they are only frauds'reaking a

the village, and it was time we started. As I In the case of enterprise. So soon as the Ban Fo Soom takes xcuse for sleep; other few hairy the unoffending the water, the keel of another and larger steel with suggestions of ship's cricket or quolls, of such like Inanities; but the wise treat them with to placid and monotonous contempt. The life The London & China Express of the 28th that the strong man must have one of the strong alto, bas the following note -We have heard passions. He must gamble, drink, make love, several complaints recently from shippers and or fight liken beersecker with some idiot Sex | now." Consignees, more particularly In Japan, of cargo whom he has conceived an uncontrollable hatred, by one of the well-known lines of regular trading As you know, I am little or nothing of a ladies' vessels to the Far East. A change was recently man. It is not my line. Besides, have made in the agents for the steamers in Japan, wife somewhere, who knocked all that nonsense and the new arrangement does not appear to out of me long ago? However, I can play mos have met with any kind of general satisfaction'; | games of cards not a little, and watch the moon rather the reverse, judging by the complaints, come over the foretop with any man who ever' for which there seems to be no redress whatever, paced a deck (there were not many who could Perhaps a friendly suggestion on our part may ree us through a long night in the good old lead to more amicable working, and prevent times, and so the day passed not unpleasantly what is threatened by cerials"Arms—=via," u The little smoking-room wit always fall, the boycott of the particular line, even though some long "pegs" went down well in the hot morning, Inconvenience might be caused by a gap which and the short anew equally well is the cooler it might not be easy to filh

| evening, while we were asking for Colesbe

There are come days er nights of which the memory remains always, and this was one Lounging on the broad verandab, the sea was stretched before as sheet of silver in the bright moonlight. A bost or two were in the that, with thathis smoke of steamers making their way south round Poisi de Galle 1 on eliber alde masses of palms and ferns, so that we sat in the shade. No sound was to be heard but the wait of the waves on the shore and the rustling of the follege caused by the faint breers that stole across from the se. For a long time how all our pleasant times must have an and I sat allent, smoking and thinkingthinking

the Influence of night like that-and the pals face near me with the dark eyes locked band somer than ever in the faint light.

Bah what was the good of thinking The

last year was 15.0 per 1,000, against an average The marriage rate in the United Kingdom of 14.9 in the preceding to years.

In 1812 there were 19,763 pertons in Grant Britain paying taxes on incomes greater than

loo; now the number is 210,430 Mr. Jones. Anything unusual the matter with Landlady-You haven't touched your colon,

|

Abi what a sound will rise, how wild and dreary, When the death-angel touches those swife kaya! What loud lament and dismal Miserere

Will mingle with their awful symphonies i

It is not impossible to believe that the most warlike spectator of the Kiel (ates will not feel a deeper concern for the peace of the world when he sees before him this Imposing reminder of what war would mean,

THE WILD CAT COLUMN.

SYDNEY, June 17th. The South Australia Savings Bank, tendered for the whole of the late 31 per cent, loan of £311,000, and got only £89,000.

Notwithstanding a fall in value of over £700,000 as compared with the previous year, the Broken Hill output for '94 was worth more than twice the aggregate value of all the coal, tin, copper, gold, and antimony mined in the province darlög the same ta months.

The Intercolonial Investment, Land and Building Co. (Sydney), announces that it has struggled through a vily hard year with a net pront of £876, equal to a little over så per cent. on capital, No div. Is declared.. Liabilities, Lowever, have been largely reduced, and the | Intercolonial, despite its present. Bloccess, hopes for better limps.

Some years ago co. was formed in a western N.S.W, town to balld" a malt.bouse and beglo maling. The project fell through because the only brickmaker in the district then able to pro daca the required number and quality of bricks considered that the manufacture of bricks for W Good Templar, high in the Order, who

SHIPPING. A few Hongkong, Canton and

$318, and at that rate there are buyers, with a issued its half-yearly report, which show few shares offering at $32: This Company has

balance of $127,063.49 at credit of profit and loss.*.. account, From this amount the Directors recommend that a dividend of 6 per cent, on the capital, or $95,000 be paid to shareholders, and the balance of $31,065.49 be carried forward to pew account. This half-year promises to be better than the one just falshed. Indo-Chinas weakened, and a sale at $46 bas taken place; at this rate, however, there are further buyers, holdets demanding an advance in rater, China and Mantian have improved and could be placed at $60. Douglas hava faand purchasers at $51, $32, $521 and $53 ; at $54 shares ara, on offer, while buyers offer $53

REFINERIUSA few China Sugars have been done at $104 per share and more are wanted, holders demanding $105. No change in Luzons. MINING STOCKS.-Punjoms have ruled quiet but steady at last quotations. The daily papers of aand and a3rd reprinted the mining manager's report for June. Charbonnages have been in steady demand, and sales have been effected at $10 to $125, market closing with bayers at the fast rate. New Balmorals have changed hands to a small extent at $6, but are on offer. Jelebus bave been sold at $15 to $3.20. Raubs have been done at 84:10 to $41, and at the latter rate there are further buyers, „hat no sellers unless at a considerable advance. The Dolly Press of 5th instant contains the mining maurger's report for the four weeks ended irtá foxtant. I also draw the attention of my randers to an article on the stock, contained. In this morning's paper.

DOCKS, WHARVES AND GODOWNS.--Hongkong and Whampoa Docks have farther weakened and males have been effected at 102 per cent. prem, at which rate a few shares are on offer. the directors ought to pay bigher dividend People seem to be under the impression that a malt-house would be a violation of his plodge this time, and are disappointed in consequence. R pawnshops. In England a pawnbroker's | The net earnings of the Company for the past rates are id. per month for every 28. or 5d. half-year mount to $330,000 (the biggest on In the £. The pledge must be kept za monika | record). From this the directors propose to without selling. In Brisbane the charge is 28. wille off $130,000 from property, pay is the per month or over 110 per cent, per dividend of 7 per cent, for the half-year (which anzum, pledge being sold at the end of thres absorbs $100,375) and to carry, forward in new monthe. Here's an opening for the Labour account the balance of say about $90,000, with members in the way of sestrictiva legislation, the intention of paying a bonus to shareholders How about a State pawnbroking department! at the end of the present half-yass, should the It is to be hoped the strataed relations between earnings be good. A few Wharves have been the Vic. Ministry and Judge Molesworth will not done at $41. Wanchals unchanged, no shares prevent the amending Insolvency Bill being offering. | submitted to the Judge and Chic!«Clerk M'Leod, LANDS, HOTELY AND BUILDINGS ---The Hong- the beat available experts. The ignorance of the kong Land Investment and Agency Company ordinary lawyer in sé any department of law out paid its usual interim dividend of $1 per share Minister Cuthbert suggested that the County $571 ex dividend, sales, market sizon. Nothing of his usual groove was exemplified when Justice- | on the sand instant, and I now quote this stock.

Court Judges should take the Insolvencey Court dolag in other stocks under this heading, bat | in rotation,

Hetals might be got at 25 per share. *« Newcastle, N.S.W coal is sold. In Sydney MISCELLANEOUS --Grsen Talande are in 18s, per ton. In Melbourne, despite 500 miles demand at Bra. An extraordinary meeting of 5d. This reduction from the old 25%, tate is piss a ressition reducing the capital from extra carrings, it is now sold at from 138. to 15%. this Company is called for the 13th proximo, to evidently made to cut out the local collieries, $1,000,000 to $209,000 by reducing the nominal which call at from 121, 6d, to 16%. But the Turner amount of all shares from 150 to $10 per Govt, holde that, if the local co's were burst up share. A. 9. Watron's, are lo demand at the Importing ring would promptly put up the 895, but no skaras are obtainable under, BID, price to the old monopoly figure, so it wisely Browns have dropped to $3 per share, Hongkong continues to patroatee the local producer. Electrics have been done at £485, 84:90, 14.05 Cheapness can often be bought too dearly. and and close steady at the latter rate, At one time it was unsafe for a reporter or Hongkong Ropes have sold at $136 and $137

$5, moved from the lounge I caught Mrs. Sabine's convicted of entering & bribe to Mr. Laly, Collector visitor to speak on the B.H. Proprietary mine of and conilove in demand; the Company is sald Yes. Nece of us moved for a few moments of Surat, the High Court of Bombay, on appeal,"creep. There was no such word in Mr. to be doleg very well indeed, Ices-An Interim

Howell's vocabulary; though, in

aby case, Mr. dividend of 8 per cent. for the half-year ended Howell was not responsible for the "creeps" that 30th June, 1895, is payable to-day, and I now “It is hard that we should have to go back rated by electricity and compressed air. The did occur. But others reign now, wherefore quote the stock at $82 ex-dividend, buyers.

bridge will

be poised on huge stone plero; und Some men on the mine appear to try who can | Campbell, Moors & Co.'s wanted at $1. Other

talk loudest about "creeps" Worst of all, this | stacks unchanged. "Yes" she wild and then I drove her to best clear channel over the river of 115 feat.

The biggest contract for stonework ever practice, an obviously mean one, isn't'repressed. uncle's house and said good night,

awarded was probably that reported to have | The same thing can be detected in the news- Scorts Emulsion of Pure Cod Liver Oil with been made for the stens for the Hudson River paper reports. Formerly these movements were Hypophosphites is the most valuable remedy bridge. The sum named is above $1,600,000 pooh-poohed; now they are subsidences and for Consumption Scrofula, General Dability

Somebody says, '"My children fance, with rolled-up newspapers as folia, only a touch on

creeps, and very serious things at that. Wasting Diriasis of Children, Chronde Coughs, The Kaffir boom has set everybody wild, and and Bronchitis, that has ever been produced. the sword arms to count. They begin with some the most ridiculous prices are being paid for It Is very palatable; it is very fattening and calmness, but in about a quarter of a minute | abares, writes the Ewikafin's London correspon- strengthening. It will ease at once the most they are whscking away, at each other like good deal. Taka Robinson's for instance, "the violent cough and will, give both comfort and fellows, and a quarter of a minute later they original capital of which is, I believe, £3,750,000, strength to the sufferer. It possesses the are prancing all over the youm laughing up- The market is valuing it at nearly 5,000,000, combined virtues of these popular remedies, ta roariously. There seems to be more ageralia thistle, ♫g for the £1 share] Other mines are their fullest form. Any Chemlat can supply it,- and more fun is fangar with rolied up saws miing in proportion. Had the Londonderry Sole Agents for Hongkong and the Empire of papeza ikas in many other kome stRSIERSURI,” Hot knocked the bottom out of Westralians, some | Chian --Watkins & Co, Hongkong -Lavf

· 19th instant :-The new staal stammar Bam Fato hear till we meet again ; baton must wait thinking of all the thingua man will think under 3.11 7 "Mr. Jones-Well, yes ; It's hot,

sidamer will be tuld.

not a

·

then I spoke :-

"A perfect day and a perfect night-finished, has set aside the conviction.

Cleveland, U. S. A., is to have the first bridge

No answer,

I had been on board an hour or En next morning when Mr. Sablae Jofaed the ship. She had been staying with her friends in Colombo. From that day till I left the ship at Naples I de not think that we exchanged more than a dosen. words," That is all.

No that is not sil. Only this morning I came across the following notice in the paper www At Church, Margaret, widow of the late Chas. Sabine, of Singapore, to of No cards. That, prhaps, is all-Gzonos DANT, În Sydney Bullilin.

Gate, and more OECH 36