1905-04-15 — Page 15

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4

SHIPPING JETSAM.

12

THE 8.8. KONGNAM

THE HONGKONG TELEGRAPH SATURDAY, APRIL 15, 1905.

had been simply overpowering, then showed signs of abating and the stream was taken off, so that some of the caren could be removed. The derricks were put to work, and about hundred bags of guano were removed before the fire was traced. The stream, hows ayer, had done its work, and although some of the bags were still smouldering, it was not found necessary to use any more water. The tropin is a vessel of 5,871 tons gross and was built in 1900. She was to leave that evening fer Yokohama, and comparatively little damnge had been done, it was not expected that she would be delayed. There were 5,000

With the arrival of the Dakosa at Hongkong | He bas.collected the names of all the schools, the regular runn of the ships will be taken up, and it is, very significant that he specially and according to their schedules they will desired, the mission; schbola to be present at hereafter cross each other in mid-Pacific, with the conference. The idea is to discuss the the chances of coming in direct contact reduce best methods of teaching, and other subjects ed to the minimun The latest measurements.conpected with, the new education. show that the Duketa is cleven tons beavier than the Minnesota, and consequently the largest freighter sailing any rea

Hongkong, will deal with all questions which may arise should the vessels under the control of the Osaka:Shosen Kaisha become involved In other cases the vessels will bo; managed by the Japanese, Messrs. Bradley & Co. only appearing on the scene when questions of difficulty arise.

8th Inst. From an inspection of the .. Kongnam, stranded on Ma-wan Island, Captuimun Pass, the vessel does not seem to very badly dam aged, but rather appears to have run her nose into the sand between rocks, the leak being caused by her grating along a rock. Powerful pumps were placed on board of her last night, and pumping operations were commenced im mediately. At dead low water there are only six inches of water at her bows while her stern lays in ten and a half feet. Up to last bags of guano in the hold which caught firequested their assistance in recovering his men by Hon. J.. G. Lay, U.S. Consul-Generat; again in a few weeks' time. She is now up on

sight the vertel had not shifted her position and there was no sound of grating, as would be the case if the bottom were penetrated by the rocks, and as the ship lies in a very shalter- ed position all concerned have every reason to hope that she will soon be floated and placed in dock.

THE APCAR LINE.

with inst.

LECTURES Arrangements have been made for a maries of lectures to be given to the students of CHINA BORNEO CO'S SLIPWAY 14th, font. Canton, The lectures will be given in the The captain of the German 16. Germania Presbyterian Mission chapel at St Pai Lay reported to the police that his second, third which is near the centre of the city. and fourth engineers had deserted, and regen Bell, of Hongkong, will deliver three | lectures, and, one lecture each will be given

[Atom Our Correspondant.]

THE D.Y.S." PETREL" UNDERGOING REPAIRS. Mr. J.

The OYA. Paired will be in commission

and only a few of them appear to have suffered The second engineer was found and arrested any damage. The fire seems to have been due in a hotel in Queen's Road, Weit, but the Rev. R. H. Graves, D.D., and Rev. O F to spontaneous combustion.

third and furth are, to far, still at large. The College. Hundreds of young, men in Canton Winner, President of the Canton Christian second was this morning placed before. Mr. jinzeland at the Magistracy, when it was looking for something new, and the idea in stated that there was always trouble and Kiving these lectures, is to point out to the A new departure in the sailing arrangements differences with the chief engineer, and the,liges along which the hope for China of the Apcar line of steamers has just been made was why the men left the ship. His Worship a roth inst. whereby one of the Company's vessels will inai that as he was a foreigner on a foreign ship future trade between China, Japan and Hong, he would not fine him, but ordered him to be The s. Kong Nam, stranded on Ma-was

considerable number of years taken back to his ship, and see that he did not Taland. is now pumped dry, and it is hoped at kong. For high tide ton orrow, she will be floated off and the Apcar steamers have confined their itiner leave it again. If the third and fourth engi towed into dock. Since pumping her out herty to Calcutta, Singapore and Hongkong, but nters are found they are to be dealt with, in

' it is now announced that the Arrafoen Apcar similar way. will load for Shanghai and Moji. It appears that the Arratoon Apcar will be under charter on this voyage, and the agents state that the arrangements for future trips have not yet been completed. The vessel has been taken off the regular line and is now free to trade on the

hold has remained free of water.

A raid has been made on the transport Listum which recently arrived at Manila from Hongkong, and, as a result, goods to the value of $1,000 (gold) were discovered on which no attempt had been made to pay the duty. The goods were seized and the matter is now under Investigation. It is claimed that the goods were to be smuggled ashore.

China coast.

ACCIDENT ON THE "VICTORIA."

a

The steamer Tean from Manila was delayed nine hours off Waglan by the fog.

The master of the is. Merionathihire report, ed having passed on April 3 at 145 pm a ves sel floating keel upwards in Latt deg 53 min North and Long: 11 deg 4 min East, The derelict was twenty feet in length and project ed two feet above the water.

Canton, 13th April. The dense fog which has hung over the river during the past few days partially lifted in the afternoon so that a move, could be made with abipples. The San Cheng and Kwonglung being the, only two boats in port leaving for Hongkong reaped a great harvest, for despite the rain, which fell at about 5 pm, the whole of the then decks, of these ships were crowded with, Chinese passengers, anxious to make the Journey. No papers or mail matter were re- ceived until a very late, bour, and when at length the boat came in everyone, was eager to ich what was the jalest news of the war.

RUINING BILLIARD TABLES,

the new China Borneo slipway, undergoing a damaged below the waterline when she was thorough overhauling. She luckily was not driven ashore daring the great storm of Octo bar 31st, but her mast was snapped and about forty feet of the port bulwark was smashed la, probably the result of a collision with one of the heavy timber lighters which were adrift on that eventful night-B. N. B, Herald.

WAR OF FRRIGHTS.

THE AUSTRALIAN TRADE.

COMPETING FOR THE EASTERN TRAFFIC.

Trade between Sydney, Manila, China, and pan is a big thing, but a rather serious pro Slem confronts shipping companies at present engaged in the trade. It is beginning to pre sent features which indicate that the strongest only can survive.

COMMERCIAL,

Quotations for the week close as follows:- Bengkong Banks.

National Banks

***

Union Insurances....... 700 s

China Traders

Canton In umuces

China Firen

Hongkong Fires ........

++

141

H., C. & M. Steamboats Indo-Chinas Douglaces China Sugars... Luzons Rauba

...

...$780 b. £80

37 b

58,

285 b

... 310 a. 80s

26) **.

341 223.1.

37 ta &

4 b.

... 203 b.

... 207 %.

**

+++

H.K. & Whampoa Docks Hongkong. Wharis Farnhams Hongkow Wharfe..... Hongkong Lands... Hongkong Hotels... Humphreys Estates Ewox

Hongkong Coltons

Dairy Farm J Green Island Cements...

Do.

.

....1564 ...rgal.b.

*L* $29. ....140 b.

12.40b. 40 b.

161 1. &

... ***

17 b

37.CL

M

17 s. 17 the

Electrics (old)...

WEEKLY SHARE REPORT:

in their report of yesterday's date, Messrs. Benjamin, Kelly and Potts siste

Lawrence, R. N, Marine Magistrate, at the through the In'and Sea on her last trip to the rocks, on Ma-Wan Island, and towed to red on-the-Shamien within the past few weeks. sels on the berth. The Britishots are the E. and further inquiries. London still gates, Bo

ac-

When the Swedish steamship Victoria THE RULE OF THE ROAD,

(Captain Hellberg), now trading under charter of the Osaks Shosen Kaisha, wat steaming Before the Hon: Captain .. A. W. Barnes- Marine Court this morning, P. C. Fred Norman Japan, states the Japan Chronicle, an charged Leung Vau, Master of the licensed cident occurred which might have proved very steam launch Hoi Ping, certificate No. 1,094, serious. Without any warning the boiler used with unlawfully failing to keep to his starboard

in connection with culinary purposes burst, and side in the Southern Fairway, at 5.30 p.m. on

so great was the force of the explosion that a the 6th ins. P. C. Norman said that at 5.30 p.m. quantity of rice which was being bolled was shot into the rigging to a height of some 35 on the 6th inst. he was an duty in the Southern Fairway, and noticed the defendant in the fact, Partions of iron were thrown by the force steam launch Hot Ping steering west, close in of the explosion on to different parts of the share abreast of Wing Lot Street. He con vestel, damaging a part of the rigging. It is tinued on this course and then crossed the Fair.ual during the cold weather for many of the way. Leung Yau said he had to cross there, but when, with model he tried to explain why, selves by it, but by a stroke of good fortune it was shown, that he had no excuse for not

there was nobody nenr it when the explosion observing the rule of the road at sea, and he

occurred. The man whose duty it is to attend to the boiler had left it but a minute previously, was accordingly fined $31.

It is certain that anybody who had been within a foot of the boller at the time of the explosion would have been killed. The precies cause of the accident is not known, but it is believed that the man in charge must have been guilty of some neglect. The vessel is now in part, and the Kawasaki Dockyard Company is fitting a new boiler to replace that destroyed. 13th inst.

With a view to effecting a connection with various lines running between Formata and the South China portë, and in compliance with the Japanese Government order, a Japanese steamship company have decided to start a regular line between Shanghai and Hongkong, via Foochaw, Amoy.and Swarow. Thesteamers to be used on the service will be the Triumph and Clara Jebsen, both chartered vessels, the latter of which, says the N. C. D. News, is dug here from Hongkong on the 11th inst., and will sail from Shanghai about every ten days. This line may expect especially to be patronised by shippers to Formosa, as with the establish. ment of the line, the inconvenience hitherto experienced in sending cargo via lapan is done away with. Another feature of the line will be the punctually in departure from every port, this being necessary in meet the Government order... It may be added that the Company's

own excellent steamers will take the chartered veisels' places before long.

Ith inst, The O. S. K. have chartered the steamers Frigga and Tetaṛtos.

Negotiations are proceeding for the sale of the Norwegian steamer Transid to Japanese.

The Japanese. Government has sold the captured steamer Progress to the N. Y. K. for Vi02,400.

The N. Y. K. have chartered the British steamers Belgian Kine, Cafe Corrientes, Sobralense, Bardis and Chowchowjco.

The Japanese steamer Kinki Mare, which stranded off Tsuchizachi, has been refloated and taken to Hakodate for repairs,

One officer and one engineer of the unlucy steamer Mars were frozen to death. The meamer herself has parted at the engine-room, her bow and stern being aunk.

The British steamer Twickenham, now un. der repairs at Umaga, has been sold to the Hakodate Kisen Kaishia for Yen 120,000. She will be re-named the Tomoye-maru.

The Dutch steamer Neptum has also changed hands, the buyer being a naturalized Japanese at Hokkaido. The purchase price was Yen 85,000, and she will be re-named the Dalichi Togo-maru.

The British steamers Chenan, Anhut and Benvorlich have now been made regular liners in the Nippon Yusen Kaisha's Shanghai service. The Tatiang and the Wingsang will run occasionally on the same line.

The .s. Daikto mars have been successfully launched from the Mitsu Bishi Dockyard, The abip is being constructed for the Osaka Shosen Kaisha and the President of the steam- ship company was present at the ceremony but no Invitations were extended to the general public.

THE NORTHERN TRADE.

Newchwang, 4th April. Although there is not much prospect of trade on a scale of former years, the consign. ment whichreached here by the first six ships, are estimated-Metais to the value of Tis. 50,000 Rica so,coo piculs; Medicines to the value of Ti 20,000 Yarns to the value of Tis, 1,000,000 and Plece Goods The 1,000,000. The Brat steamers of the year reached the port on Monday. There are four outside and iwo are anchored in the harbour; when it was known that the steamers were to arrive at any moment, there was a slump in prices. In the one day the price of piece goods fell Tis. 20.00 per bale and yarna could find no buyers on a drop of Tls, 15,00. All other goods in sympathy show a slump.

The work on the sa. Kong Nam, Messts, E. C. Wilk's steamer, which was safely got off the docks is progressing very speedily, and it is anticipated that within a weak she will once again be performing her duty for bar owners.

Arrangements were made for the China Navigation Company's steamer Tamin, tô

Quite a series of petty robberies have occur, The most daring case was one in which the thief or thieves effected an entrance into the billiard saloon on the ground floor of the club, and there cut the cloths from the two best tables. They were removed by being cut close

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The market has remained very, steady, with further improvement in the value of Shanghai a fair amount of business doing, and a stil Two British companies have the flag flying, and Hongkew. Wharfs has to be especially

noted. but latterly the North German Lloyd has e

Banks Hongkong and Shangbai. Banks tered the list, and placed some up-to-date vel have been negotiated at $790, and close with A. Company, with the steamers Empire, Aul Nationals have advanced to $37. Iration, and Eastern, and the China Navigation Company, with four well-known vessels the request at $285. China Traders bays again Marine Insurances-Cantons continue in Taiyuan, Chinga, Changsha And Ts been booked at £38, and Unions remain, with When the war between Russia and Japan out business at $700. Yangiszes can be placed there will be a fourth company, for the Nippon hai on the 12th instant. Yusen Kaisha, with its fine fest, will resume running from Yokohama toustralia.

What will happen is hard to say. Times are

ies to run profitably and with the advantages of Japanese expansion will provide trade for such pence in the east, it is not at all probable that

big concerns. It costs a lot of money to run up-to-date passenger and cargo steamers, while shareholders naturally expect some return for

proceed from Sydney to Noumea and embark under the cushions, and then the whole cloth comes to an end-or, possibly, before that time, at $155 ex the dividend of $15, paid in Shang- 1 Japanese codlies, who have just completedited off and taken away. Some of the men a term of service in the nickel mines of Newers were inclined to the belief that this act was done out of spite, but if a revengeful action Caledonia, and under the terms of the contract are now being returned to Japan. The Tsinan, Deeded the person or persons had only to Port Darwin, and thence to Hongkong and Shelley's house, a few yards from the Club, was and expense to the Club. A few days, later Mr. Japan:

visited by thieves, who went away with several articles of clothing, etc.

crow to sit round this boiler, warming them after leaving Noumea, will proceed direct to rip the cloths to cause the same inconvenience not so flourishing as to allow the four compan; Steamboats have been done at $76f": "Chips

The West River 5,8, Kongnam is now under. going considerable repairs at the hands of the Dock Co.

The German steamer Erna has undergone extensive repairs to her, baltom, forward, and appears almost ready for leaving the Kowloon docks and taking the water,

The Hongkong, Canton and Macao s.s. inakun having undergone the usual cleaning and painting operations came afloat from the

docks this forenoon looking spic and span.

|

The E and A. Company's steamer Empire (Messrs. Gibb, Livingstone & Co.,) which arrived to-day from Australia, had a full complement of passengers, and the whole of LANE, CRAWFORD & CO., LD. her cargo space had been engaged. The cargo included co tons of wheat, 800 tons bar ley, 50 tons onts, zoo tons flour, 3c0 tons fod der. so tons copper, and 300 tons frozen produce. the also has a shipment of leather, and a quantity of milk butter, etc.

S.S. "KONGNAM"

SAFELY TOWED TO DOCK.

ruth inst

As eleven o'clock this morning, the 8.3. Kongnam was Bu-cessfully fin ted from the rack where she stranded on Ma-Wan Island, Capsinum Pass, and, taken in tow by Messrs. Wilks launch Eileen and launch No. 7, belonging to the Dock company, was safely conveyed to the Kowloon dock, and placed on the slip She has sustained very slight damage, a seam openie g fo ward, and another under the boiler, and it is confidently expected that she will be on her tum again within a week or ten

NEFORT OF THE DIRECTORS

For presentation to the, shareholders at the

ninth ordinary general meeting to be held at Shanghai, on 19th inst.

The directors have much pleasure in sub mitting their report and a statement of the company's account for the year ended 18th February, 1905.

Proft and Loss Account. After deducting directors and auditor's fees and making allow ance for depreciation on forniture and fixtures,

the net profit for the year amounts to $55,427.25 Out of this an interim dividend of

$5.00 per share was paid 19th November, 1994, absorbing..... 12,500.00

$42,997.25

to this has to be added the amount

brought forward from last year... 21,582.25 Leaving a balance for distribution of $54.509.50 which your directors recommend to appropriate

as follows

The xx. Sikh has left Chefoo with a further batch of coalies for work in the South African mines. The vessel is expected in Hongkong on Sunday afternoor, and she will at once Inad days. Messrs. E C. Wilks are to be con Pay a final dividend of 7 a quantity of general cargo and will then progratulated on this successful termination of an ceed to Durban direct. Needless to add she accident which at first pointed to the total loss

of the steamer. will not take any coolles from Hongkong.

FOG ON CANTON RIVER. Our correspondent at Canton, waiting under yesterday's date, states that the traffic on the river is entirely disorganised owing to the pre- valence of dense lag. Nearly all steamers are arriving many hours late, and in conse quence of the non-arrival of mail matter, busi. ness with Hongkong is practically at a stand- stil.

The thirteen cosmopolitan members of the crew of the s.s. Queen Fleaner, who refused to proceed in that vessel to japan, on the 27th ult, and were accordingly sentenced, by the Hon. Captain L. A. W. Barnes-Lawrence, R.N Marine Magistrate, to three weeks' imprison- ment, having served their terms were this morning released from gaol, and escorted to various vessels in the harbour, their respective Consuls having made arrangements to send

HONGKONG DOCKS.

WORK IN SIGHT.

per cent (making 12 per cent for the year)... $17,500.00 And a bonus of $1.00 per

share

5,000 05

their money.

The N.Y.K. will doubtless receive a subsidy from the Japanese Government, just as it did before the war, while the other companies will N... is a powerful company, and has not have to battle on with this handicap. The

Japan for fun. commenced running between Sydney and

The China Navigation Company has an extensive fleet in Chinese waters, and the E. and A. Company has a trio of vassels cap. able of pleasing the most fastidious traveller.

The fight is to be one in which

THREE FLAGS ARE ENGAGED,

and the result will be worth watching. Aus Iralian legislation may or may not assist the Britishers; the feeling is, that it should, bat will it?

Freight rates now are not high, and some particulars were supplied to an Evening News (Sydney) reporter, on 7th ult, which may mur prise people. The reporter was told that rates. ton, and this is said to be less than the rate, frain Japan to Australia were about 10s per received by interstate companies. It is cheaper, therefore, in these figures, to have goods brought from Japan to Australia than it is to send them from Sydney to Fremantle or Ads

laide.

The gentleman who supplied the information is interested in the trade and knows the post -12,500,00❘tion exactly. He asks: What are the foreigners looking for?" and then, in the same breath, says: "Surely the Australian Govers- ment is not going to encourage a flag, other than the enign of the British Mercantile Marine,"

And carry forward to new account...S42,000.50 The dividend will be paid in tanis al ex- change 73.

Chairman,

Over a month ago the steamer Pharsalia, bound to Manila with a cargo of coal from Aus talia for Messrs. Castle Brothers Wolf and Directors. In June, 1904. Mr. John Wesl was Sons, struck an uncharted rock in San Bernaisvited to join the Board and his appointment dino Straits, Philippine Islands, and an attempt requires the confirmation of the shareholders. is to be made to salve the ship. Itisunderstood Mr. D. W. Crawford retires by rotation, but, that Capt. Garry bas reached an agreement being eligible, offers himself for re-election. with Lloyds. the underwriters of the wrecked

Auditor. The accounts have heen audited steamer, and was to leave for the scene of the by Mr. G. H. Thomson, who accepted the post wreck on Saturday with a crew and equipment the departure from Shanghai of Mr. H to float the ship. The fatter consists of five Trevor Guerrier. Mr. Thomson retires, but

ane being to offers himselt for re-election. large pumps the smallest

J. AMBROSE inches in diameter, two 14 inch and two inch pumps, and a complete diving

Shanghai, 28th March, 1905. apparatus. Captain Chapman of the wrecked schooner. B. Leeds will assist in the work and Mr. Benton, formerly second mate of the Lards will do the diving. A crey The Compagnie de Transports et d'Ap-of about thirty natives will go with the expedi provionnements Fconomique's new 1st class tin. The terms of the contract are that Cap. steamer s.s. Norma of 2.300 tons was to load tain Garry with deliver the vessel in Hongkong from February 23rd until the roth March, at for $55,000 (gold) and if the attempt to save Antwerp, Dunkirk and Marseilles, and was to

the Pharsalia is unsuccessful he is to bear all leave during the first fortnight of March, the the costa without any payment for the work, various destinations being Rangkok, Saigon, An unsuccessful trial to raise the stranded ves Tournne and Haiphong with direct bills of l has already been made by a local wrecking lading for the neighbouring ports of Paom-firm. Some of the coal aboard the vessel was Penh, Hanoi, etc., etc. A service of steamers ligbiered, but a large portion still remains in

the hold of much higher tonnage will follow, the ports of call being Bangkok, those of Indo-China, China and Japan,

them home.

ANOTHER NEW LINE,

AUCTION BALE OF STEAMERS,

There was a very large attendance at Powell and Co.'s Sale Room the other aftemoon when the four steamers Glang Bee, Zwimą, Giang Sing, and Flevo, were offered for sale. The following were the best offers :-

Lott Giang Bet $175,000 Lot 2 Zutina $ 76,000 Lot 3 Giang Sinh $127,000 These offers being below the reserve prices placed upon the vessels, they were withdrawn.

Lot 4 the Flevo was knocked down to Teo Teow Peng of Singapore for $16,000,

The three vesseli unsold remain in the hands of Powell and Co. who are open to re celve offers for them, says the Stralis Times.

"DAKOTA" 18 COMING.

It is officially announced by the general pas enger department for the Great Northern Rail road Company that the Dakota was to sail

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CRICKET LEAGUE,

The following is the League table up to date.

Club.

Matches. Played. Won. Lost Drawn. Polat, Craigengower... 18

38 Kowloon......... 17

36 35

A. O, C......... 18 HK C. C. "A" 16 R. E.......

17 H.K. Police... 17 R.G.A. Bard Co. 16 Civil Fervice R. A, M. C. Parsees

101

18

* 15

12

4

FZ

5

II

5 2

CANTON NOTES.

28

20

20

18

12

withdrawn..

[From Our Own Corrispondent.]

THING MING,

Canton, April 8th.

The past week has been a busy one for the

AIDS TO NAVIGATION.

LIGHTS IN CHINESE WATERS.

The thirty-third issue of the list of the light- houses, light-vessels, buoys, and beacons on the coast and rivers of China, with corrections up to the 1st December last, has now been published by the Imperial Maritime Customs and a copy sent for our acceptance. The work contains charts of the China coast, showing the position of lights and the limits of the customs districts, and eight others giving the position and kind of lights. From the sum- mary of these artificial aide to navigation in Chinese waters, it is seen thing the total of lights, light vessels, light-boats, buoys and beacons is dow 349, including realights, four light-veitels,

light-boats, 113 buoys, and fog beacons, to which the approaches to, and harbour of, Shanghai contributes a total of 84, while Can top comes next with fifty. It is pointed out that no corrections to the list of lights at Hong- kong or Weibalwei have been received since 1903. The foreign lights staff comprises nine men on light-vessels, and 7 lightkeepers in lighthouses, and these are assisted by a Chi- nuse staff of 140.

OSAKA SHOSEN KAISHA.

PREPARING FOR. EVENTUALITIES,

In the pioneering days, when the E. and A. Company was opening up a trade with the East, it was set an uncommon thing for vessels

to come to Australia with the ashes from the furnaces "damped down" in the holds for ballast. This is not idle fiction, but a matter of history, and the question in view of the fature prospects, is asked, "will history repeat itself?"

There are now reports about the building of new steamers for the trade. They are not being built, it is explained, because they are going to pay, but because it is a matter of necessity in order to hold the traffic against the intrusion of outsiders.

Another feature of the business is that freight rates between San Francisco and the Orient are law. Frisco is also a powerful rival, and is making a bold bid for the Japanese trade. In the circumstances Australia should be awake to the position, and not allow the trade which offers with China and Japan to slip through her fingers.

The China Navigation Company's steamer Taiyuan, now in port, called at Manila on the run to Sydney, being the first steamer for some time to call at the Americas port on the pas sage to Sydney from Hongkong. Steamers call there regularly on the voyage north from Syd- bey.

It is worthy of note, perhaps, that the steam ers of the companies named, make different calls on the passage from Sydney. The E. and A. Company and the China Navigation accord ing to announcement, visit Queensland pons, Thursday Island, and Port Darwin; but, in ad dition to this, the E. and A. steamers makes special feature of calling at Timor, the Portu- guese possession.en route.

The N.D.L. steamers, although they have dropped Singapore, have retelaed New Guines |in the timetable.

¦

Fire Insurances-Shares are offering at $3ro for Hongkong Fires and at $86 for Chica Fires. Shipping-Hongkong, Canton and. Macao

taken place in Douglas Steamships at $35. and Manilas have again changed Hands at Sar, and further transactions have Indo-Chinas remain in request at $it. Star Ferries and Shell Transports are unchanged at last week's quotations. Shanghai Tugs (or- dinary) have been dealt in at Tle. 51, Tin, sa and Tis. 53 and the preference shares at Tit. 47,

few shares have been disposed of at qt low as $220, but the market closer firm. Luzoba baye been bought and have further buyers at $27,*

Mining-Chinese Engineering have again been done at Tls. 71. Raubs have bayers at $4.

Refineries-China Sugars weakened and a

Docks, Wharfs and Godowns-Hongkong and Whampoa Docks are in demand at $209. Farebams have not maintained the position, and have declined to Tis. 157 at which rate shares, are offering. Kowloon Whirls have been placed at $107. Hongkew Wharfs have still further strengibened and, after sales-ht Tit. 1771, are now wanted at Tls, 187; - Goo Fenwicks have declined to $35 and Now Amoy Docks are in the market at $12.

Lands, Hotels and Buildings-Hongkong Lands are obtainable.at Sizo. Further sales of loon Lands are wanted at Sy and West Shanghai Lands are reported at Tls, 115, Kow- Points can be procured at $55 Hongkong Hotels remain in request at $140, Humphreys' Estate are inquired for at $12 40.

Cotton Milfs.--Ewos have jumped to Tis.40 but at this figure shares are on offer. Inter- nationals have considerably advanced and sales have been effected at Tls, 381. Laop- Kung-Mows have been sold at Tis. 40. Hang- kong Cottons are still wanted at Srój.

Cigar Companies.-Sumatres have changed hands at Tis. 68.

Miscellaneous. Green Island Cementa are steady with sales at $27 (old) and 5:7 (new). A. 8. Watsons have improved and business has been done at St3 closing with further inquiries at this price. Dairy Farm are up, lo Sizł, and are wanted Electrics have been placed at $173 and $ir for the old and new shares respectively. Hall and Holls are asked for at $93 ex the final dividend of 51i 'payable da Shanghai to-morrow, Central Stores (Dew) have changed hands at $8. Hongkong Ropes are quoted at $145 ex the dividend of $10 paid on the 10th instant. William Powells also paid their interim dividend of 50 cents on the same date, and we now quote the stock at, Sii buyers. Steam. Waterboats are offering, alter sales at 1183, Steam Laundries (53 paid up) have been done at $44 and more shares are inquired for. Langkats have hardegid to Tis, 240, but no business is reported.

FREIGHT

In Messrs. Lamke and Rogge's circular of 8th int, they writer-Last circular bore date the 25th ultime, and, in the interval, a fair amount of business has come to puis as per list overleaf.

Ancut shipping prospects for the year, it may not be out of place to say-slace local paper recently in a lengthy paragraph_enter" lained extremely pessimistic views as the sub- ject that, at this time of the year, it is absolutely impossible to form such a definite opinion on the future.

The first tales of the spring consignments from New York for Hongkong on or about Chinese. Wednesday began the Worship off (-249.1o consider, the advisability of bringing for the right to publish the Iste Lord that more tonnage will be wanted ers long.

have taken place. Between 1,5co and 2,000 April 3. bales of American grey cargo changed bands at prices varying from Tis, 490 to Tis, 540. Prospects look slightly brighter-Shanghat Timus.

FIRE ON BOARD THE R. A. L. 8. **SEGOVIAL

Both Southern and Northern sentons have, an it were, - only just opened and as mattere stand just now, the future position of the freight market in a great measure depends upon further developments, as far as bortilisles are concerned. But even, should peace be declared at an earlier date than generally anticipated, it is not likely that, at least for a long time to come, it will mean a severe blow to shipping, as a great deal of tonnage will be required before things are set straight again. As a matter of fact, most of the.big Japanese shipping concerns are still golog 00 CHATTEE ing, both here and jo the North at fair rates and not for short periods only. The, hix steamers chartered on "time" basis, and em badled in today's last, are excluurely for Japanese account, and it is quite on the cards As to chartering tripwise, business In.mpat directions, it is true, has been without much animation, but as already mentioned, the season has not sumciently advanced to allow of any safe prediction.

Salgon to Hongkong, there has been next to nothing doing in consequence of the tem: change for the better can only be a question of time and is pretty sure to come.

The rate stands at 13 cents per picul, but that figure will not fetch any steami's excapt such as wish to work their way to this port.

On the other hand, a very strong demand has been prevailing from Saigon to Pallippine ports and, in addition to several others, a comple of large carriers (Indo-Chins boats of some 65,000 and 50,000 picula respectively) have been fixed at 30 cents for one port: qaly, which may be called record Axtures, at UCL quantities have handly crer been, abinged before in one battom, A now duty play believe, 3a cents per picul will be ralco in the

HIGH PRICED FICTION. One often hears of the big prices paid to some of the most popular English writers of fiction for their works, but America can claim In Thursday's issue, we suggested that in to have shown the greatest liberality in this View of the proximity of the Baltic Flest to respect, and towards a dead author, too, It Fengkong, Quaki Shosen Kaisha might is stated that the "New York Times gave lbei vessel under the English fing in order Beaconsfeld's unfinished novel no less a sum The trip will be around the African conti- the Tombs. The weather, which had been that they might scape capture and destruction than £2,400, an amount which works out Bent instead of by way of Cape Horn, because very dark and rainy, cleared and by daybreak At the bands of the Kuraians. To a certain at something like 4. a word. In England, it is figured by the officers of the line that the on that day thousands of Chinese of all extent that forecall was get very far wile of much sought-after writers such as Sir A ship can reach Hongkong, at the same

ranks were on their way to the bills north and the mark. When the war broke out the Conan Doyle, Mr. Anthony Hope, and Mr. east of the city. Before midday the bills were Osaka Stesen Kaisha's feet of steamers was Rudyard Kipling can boast of anything up time the ¿finnerola is at Seattle on her next trip. The Dakota was to be delivered to her literally covered with men and boys, and };; sent to, japan to sugege is purely Tapicess to balf-a-crown a word for their literary WATCH owners March 20, and will go through practi. looked as if the entire male population had

ment or in private trade. 15, was necessary, is a record price. main bold of the H. A. L. S. Segovia which her sister ship prior to her Pacific trip.

in the 7th lost, a fire was discovered in the cally the same programme as was used with taken itself thither. The roads leading out of business liber for purpose of the Govern, but one can well believe the statement that 4porary dalness of the local rice marist, but a

the city were as crowded as the narrow strests however, to maintain the trade which had been was lying at the Yangize wharf, at Shanghal. The ship will take on about 15,000 tons of of the city during the busiest business hours bunt up between Hongkong, Swatow, Amoy It was subsequently found that part of the cargo coal and merchandise freight at Philadelphis, During Thursday the crowds were just as large and Formosa, and accordingly five foreign of guano in the lower hold was on fire. Short Newport News and New York, and will sell as

As on the previous day. Then, too, the beggartowned yessels-Norwegiap and German-were ly after the brigade got on beard, one of the soon after April 3 as is practicable.

of all descriptions were out, and the road ride engaged, and these boats have been regularly officers donned a smoke helmet and descended. The time of the trip by the African route was lined with men and women begging. The runding on the Osaka Shoten Kalsha Coast into the burning hold to explore and found that will be longer than if she failed around Cape lepers were, scattered here and there. The Vote Now that the Baltic Fleet has appiated, the smoke was coming from the starboard side, Hora to Puget Sound, but the owners figure Thing Ming is the great harvest for the beggars, however, it is possible that dimculties might to adopt such measures ad are deemed nece. Just abaft the engine room bulkhead. After that it will be possible to land her at Hong. and this year they seemed to be very ane brise slipuld Japanese-managed boat fall into satisfying himself that the fire could not be kong just as the Minnesota is getting into cessful. extinguished by any other means, the Chief Seattle by taking the longer way and as the Engineer ordered a stream to be taken into the cargo for the Minnota for her trip has already lower hold, and for a few minutes it was kept been partially engaged it is thought that this going with a spray nozzle. The fumas, which plan will prove more economical.

VICEROY Chou Fu of 1 augkiang recently sp painted Admiral Yeh of the Nanyang and Pels yang Navies to inspect with the assistance of Mr. Basse, German civil engineer, the site for the dockyard of the Shanghai Arsenal and sary for the purpose, as already reported. It is the grasp of a Fussian cruiser. The fact that now learned that Mr. Basse has returned to Forgosa is one of the points of call also led to Nanking, giving a full report of the dockyard The principal of the Man Hak Tong, and the decision that Arrangements should be made schemes, to the Viceroy. Mr. Basse bas been of the best schools in the city, is arranging for to meet any contingency. I hit therefore ordered to carry out the schemes with power s conference of all the teachers in Canted. been agreed that Maus, Bradley & Co., to employ aginders.—Stawanpap,

ICHOOLS.

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