1905-09-30 — Page 15

the examinations required he will lan given p Government, standing and be on the list for office. The papers are for the most part in favour of the chan, e.. it coms, however, that this change shows a good deal of, ignors. ace on the part of the officials who have the guidance, al educational, affairs. To put

THE HONGKONG TELEGRAPH SATURDAY, SEPTEMBER 30, 1905.

DISASTROUS TYPHOON

AT MANILA

made as to the, cause of his state of affairs, being allowed to exist. From the reply of Me, Pulliam it appears that the manner in which, the authorities are at present, handling, these cases reflects the greatest credit on the adme nistration considering the difficulties with which

wa

These cities can only be reached through

isanew-hrung kong-158–Shungbal Banks have been negotiated a Spoo and further shares are obaluable. The London quotation is £91 Nationala keep firm at 138 225

be, no demand and no, contraction. thenka || Amoy' flims' or, in exceptional caebs; thistidina: dochasti®fot"albti year, 1924 alori, credit?

the export trade exceeded the import, trade, icles in this vicinity like Chững chun ang very considerably, so that demand for Chinchew, boither of which is an open pony! rupees ultimately was safely counted on, port in "hich foreigners can establish With its imports exceed Expóns, as that the themselves, in busmesi, but' are places that demand for dollars and the contracting we consume considerable foreign goods, like floor, want are not so clearly foreshadowed. If there kerosene, and medicines, a 41% expect the present scheme to fall, and our Under the law enacted by congress for the position as a free emporium for the collection Hongkong For important lines of goods

Pesent to many people before now. protection off the American sailor, Manila nt, goods and produce, will receive Levers: American manufacturers can secure local Chls or any other ppt in the Philippine islands stock. Such considerations have I think been ese agent,

KECENT EARTHQUAKES, is as much a foreign port as either Hong Sab-Committee of this Chamber in its report, kong or Shanghai and for that nted by uf6th November, 1892, advocated the adoption

The recent destructive earthquakes in South era Itatyy involving beary less of life; serve the collector of customs has been appointed by at an independent gold standard. It is thus congress as United states consul. No preferred to by Sir David Bátbour's, com tion, however, has ever been made by thi machinery for the proper carrying out of 55. There are various methods which once more to remind people that the proverbial the law can be established: If my number of might be adopted, for the establishment of an, stability of the earth found in the phrases

which

The

MANY PERSONS ELECTROCUTED: stop to the old system before the new is

On Tuesday lust, Manila exparien, ed almost NO JUDICIAL POWER" started is certainly unwise. The old system the full force if a typhion the centre of which bad soms merit. Now it is suddenly brought to an end 1 14 is true, that the Chinese may in passed within 15 miles of the city. The sud degree denness if the stutin found everyone unpre- on as before and tidy, but the door to a degree aired, as the signal had only been hoisted, at has been closed and with it the road toiletry & sal, and the typhon was at its worst by 2 hodour. Taking away these two inducements to study not many of the Chinese will continus pm with the result that the damage caused at their studies: with the real hereininre shown was considerably more than it might otherwise have been. On shore the extent of the The take schools ready to receive students, and there

gold. The quartermaster's and all are fewer teachers ready to teach. These

buildings along the water front were render- Chinese officials peeth to think that to have an edict

and sent throughout the empire is ed roofless, while every nip building (inat- issued

shed) around the city was callrely raised to.the all that is needed.to effect any change desired. While the change from the old schnals and ground, As a result of this the natives examinations will, in the long run, he benef- focked in this churches and theatres far refuge cial yet the Government is creating unnecessary and there buildings were packed that night irritation. The student borly has among it more than they had ever been during re. ular some of the most radical reformers, but at the hours of attendance

During the height of the storm the wires same time the student body is the most con servative body in the country. To cut these of the newly-opened' electric tramway were men suddenly off from their pastand give them broken, and the current created sad havoc, little hope for the future is a sure way of mak killing 20 or as people before the connections could be cut off Cars were left stationary ing enemies.

all'ever the city,, windows in mády homes have refused to work; this money is not paid establish the gold standard. The object of a freaks up the, distribution of earthquakes.] risen and are wanted at Is'9', Orientals have- were blown in and smashed, and tides were snapped like matches and thrown across the thoroughfares.

In the meantime there are few of the now lost has been estimå ed ħat over the large stars from an American ship lying' in Shang; }.independent gold standard in the Straits Set "frm as a rock," "oldenw the bilis," and so frio-, himas nave hardened ́and à foirbusinèsší

་་

CANTON MISSIONARY CONFRENCE. The Canton Missionpry Conference met. yesterday at the Canton Hospital. The was a large attendance. including the Rev. Mr. Bonfield, agent of the British and Foreign Bible Society in China, and Rev. Mr Taylor, one of the Secretaries of the Society in London. The usunt time devoted to the reading and dis- cussion of an essay was given to these two gentlemen in which to tell about the work of the Bible Society, and two very interesting ad dresses were delivered. It was rather sur prising to learn that in Rusia the agents of the Socie y receive the best treatment that is accorded in the agents by any Covernment. All of them travel on the railways free of charge and bibles are carried anywhere free of freight.

THE "MIKASA,"

"P

STEAMERS'ASILORE

SUPPRESSION OF OPIUM TRAFFIC

.

In the harbong the United States transports Legan and Ingalls, the former of which had but just returned from Tientsin, were driven on the breakwater, but it was, not thought they had sustained much damage, as they would first strike on the mud, bank. Every vesiel in the harbour dragged her an- chor, and had to get up s cam to prevent colli- signs, while, the Spanish mail steamer Alicante crashed into the Sierra Banca, which had just arrived from Hongkong, sustaining damage lo her side in the shape of a big hole Fifteen lighters were driven on to the breakwater and broken up, some of them being loaded with very valuable cargoes, There was, however, no loss of life reported in the harbour,

The Observatory repart showed the force of the wind in ba og miles per hour, and it was esti mated that if the typhoon had been travelling The Jupin Daily Mail of the fath instant

in the diametrically opposite direction the. says: "It is expected that the Mikana will easily be saved. When it was recugnised that damage would have been infinitely greater. During the full force of the storm, as the metero- the flames could not lie subfued an attempting cal report afterwards showed; an earthquake was made to batch the vessel, but before this could be accomplished the explosion inak occurred, but the storm apparently prevented place and she took the bottom. The place, anyone from feeling it, and all were surprised however, is shallow, and her conning-tower, when they heard of the occurrence later, Re- bridge, and funnels are ahrve water Admiral ports had not come in from the outlying Togo seems to have been on board at the time, districts, where the centre actually passed, so it was not known, at the time our repont left, to but he escaped without njury, The present

what extent damaga had been sustained there. theory about the origin of the five is that it was connected with the electrical apparatus. It a pointed out that the ship having only two masts, the main mast would be that astern, and this mast is in the immediate vicinity of the after-magazine. The Chuo Shimbun bun a telegram saying that the hole binwn by the ex-, plosion is under the heavy armous-plating and that the ship lies on an even keel in 13 fathoms of water, The greatest commiseration is felt with the victims, of the disaster and with the

Mr. Johnson, M.H.R., introduced to the Navy in general. Such an accident, inme Prime Minister at Parliament House, Mel. diately after the conclusion of the war, mostbourne, a deputation of Chinese merchants, unhappy, The statement that Admiral Toge

missionaries and others from all the States, as was on board at the time is not confirmed.

representing the Chinese residents of the Com. monwealth. The depatation desired the sup pression of the opium traffic. Mr. Johnson The Mainichi publishes the following ac-stated that the Chinese residents wanted the count of the disaster by a person who witness making of opium entirely suppressed, and ed it from the shore-Soon after midnight on were prepared to find money for the medical the ith a loud explosion was heard, and the treatment of opium smokers until they were

restored to health. atmosphere seemed to fill with -aminke and flame. We thronged down to the sea, but, as the Naval Station was closed to the public, we could not appro.ich the scene. Apparently, the explosion had taken place in a magazine at the vessel's stern, for that part of the Mikasa was entirely covered by stinke, from which flames darted out now and then like flashes of lightening, Commander Ijich, of the fibus, was seen standing on her bridge, evidently making the greatest efforts to subine the fire, while all the warships in the pan were sending boats to her aid At the same time, the vessels all concentrated their searchlights on the burn ing warship, an that the scene was as light as in the dayt me. The boats could, however,

AN ONLOOKER'S ACCOUNT.,

A

render little assistance, as the smoke wat so thick, At about 2 a.m. there was another ex- plosion and the vessel tank. On this occasion the explosion, was so severe that a warship which was lying near was damaged and peliceman in a boat was hurled into the sea. The Mikisa is now sening on the boltam, but As the water is very shallow in this part the hall is visible, and even at high tide the water is only about two feet deep on the deck. The vessel can be refeated easily and there is

IN AUSTRALIA. A

SUGGESTED PROTION OF IMPORTATION,

case.

Mining Chinesengineerings have further weakened in London to £3101, and we make

which rema o at $4 no niteration in the local quotation G. $17 nominal: There is

Raubs Decks, Wharves nod Godowns-longkong and Whampoa Docks have experienced a hear

ratherfarmer and there are further buyers at this decline and shares have been dispose of st af tow as $185, but at the close, the market la': figure. Farnhams have been dealt.in in some extent at is, 144, and buslaces in Kowloon Whats has been transacted at $104. Hengkew Wharfs, have improved and are ward at. Tle, 187

Lands, Hotels and Buildings-Hongkong! Lands have ruled quiet at $128, and Shanghai Lands continue weakaal Tis. 122. Kowloon Lants are firmes and have inquiries al $40, Hotel des Colonies have changed hands at Tis 18. Astor House Hotels have been sold and more shares can be placed at $:8. Hongkong Estate have advanced and are asked for at Hotels are in request at $147. Humphreys Siz

Cotton Mills-Ewos have been booked at Tls 5 Laoa-Kuup-Mows bave changed Hands at Ti 59 and have further buyera Internationals can be placed at: Ths. 441 Soeychees have gone up to Tie 360, at which rate shares ate wanted. Hongkong: Cortonal are out of favour at 5141!

Canjbow have strengthened their position and, Mario Casamances-After touchingh $339, now closaldimand" at $3573// The final balance of $661,340.38 and it is recommended a'dividend bf $20 per share, absorbing S300,0001 add to reserve fund $100,000; transfer to rur Insurance secount $50,000, and carry forward that same be updated as follows to par

Saft,54048 China Traders have also improve ed and sales at 579 have been effected. Noth Chinas are in request at Tis. 82, Unions hava).

and reacted but can be placed at $780, Macho

Shipping Hongkong Canton Steamboat continue la demand at Sadly

is that of which the leading idea originated Professor Milna who have devoted themselves are quoted at $12 ex the lividend of $31 pack bal river were to refuse duty a complant could tlements. The first which we wish to inention on, is but a mere assumption. Savants like has been done at 505 Douglas Steamshipat. he laid before the United States consul who

with a Sub-Committee of the Singapore Chamestudy of seismic phenomena, autor on the 25th instant. China and Mabiluni have empowered to despatch his marshal to the vessel and have the men brought heinre his court her of Commerce, and is explained in its Re-that the earth is reaily never at rest, and declined to $18 and are offering: Star Ferries port of 6th November, 1897. Under that probat anli-tremors, although often unnoticed, remain unchanged with sellers at 533 (old) and are almost continuously recorced by the de- Sas (now) Shell Transports have changed where their case could be tried and should meld it out to them by either fining or imposal the Straits Government would obra they deserve punishment he would be able to prisoning them. In Manila the consular supply of notes of smill denominations, capo. care instruments that provide a continuous hands at 213. Sales are reported in the Noth authorities have no judicial power at all and it cially of one-dollar notes. This supply would history of the vibrations of the earth's crust.of Shanghai Tugs at Tis, 50 for the ordinary Refineries China Sugars are still offering is impossible for them to punish refactory erquire to be amply sufficient to cover the Professor Milne has just prepared an earth and at Tia 42 for the preference shares.

five years, and presented this to the Brit- al $130. Luzons have fallen to $15h,” hạt at inh Association now holding its meetings at this price shares are inquired for." Malay States in' which", is proposed to

Cape Town and elsewhere in South Africa sailors in any other way than by fining them whole number of Mexican and British dollars quake map compile from records of the past two days pay for every one during which they circulating in the area of the Colony and the into the consul's hands but is shown on the obtaining these notes would be

temporarily to substitute them for the Mexican and British into a series of oval areas, and it is of great TO KEEP OUT UNDESIRABLE,

dollars as the currency of the country and later potest to see where these lie. It is strange, ship's papera.

Should a sailor now be discharged in Manila on to exchange there notes for coins of a new for instance, to see that within the period of his disembarkation can only be permitted at currency special to the Straits and issued on a the report the whole of Africa, including Mauri- hould the gold basis. We have considered the details of tius, is immune.from volcanic movements. So the discretion of the authorities.

latitude af Mexico, So also northern Europe case warrant that the man be released from his the measures by which this could be carried also. Nonth America, excluding the importent agreement this may be done providing the man out, but as, for reasons given below, we do not exception of the Pacific Coast, down to the

as well as northern Asia, as far south the Altai ountains. The commanding factor agrees to pay for one month's board in advance see our way to recommending the plan we at the sailors' home. 1he home guarantees to have not thought it necessary to include them find him a ship in the mean time, and should in this Repost...

of volcanic and earthquake activity is again 56. If the procedure above indicated could be he secure n ship before the end of the month whatever money is due him is refunded; on successfully followed, the question of intraduc-burns out in this man, namely, that it is round the other hand should the man not be deserving a gold standard into the Straits Settlements the seamarein of the Pacific Ocean, both on ing of release from his agreement it is in the would be solved in the speediest way, and solved the Amer can and Asiatic sides, that the most power of the consular authorities to keep him in a form which would not impose any cost frequent and, most severe exhibitions of voi. canic forces are to be found. The accepted un board the vessel and there is little doubt on the Government. But the question whether

theory for this is simple and plausible. it is to the effect that in some remate period but that, the civil government if applied to the general population would quietly accept would supply the necessary guard for so doing notes for coin throughout the country is one in

in the geological history of the earth's crust This rule is now being enforced and should regard to which we feel great doubt. From

the area, now covered by the Pacific Ocean, col do a lot toward keeping out undesirables who what is known of India we have no hesitation

the depression badly fractured. It is exactly might be thrown on the city. This plan of in saying that no esch plan could have been or lapsed, leaving the strata round the edge of all along this fractured margin that we find the making the en pay for a month's board at could be adopted in that country, and although the sailors' home has been followed with great the proposal was made by a Sub Committee of

most continuous and most violent display of success thoughout the entire orient and men the Singapore Chamber of Commerce and is who have signed off at ports have, as a rule, supported by other persons who have practical volcanic activity. In South America this be gun at Terra del Fuego ("land of fire") the of experience the country, we consider that the

volcanic chains of the Andes, Cordillera, and been well provided for and the vagrancy cases

risk of its failure owing to the possible suspicion among seamen have greatly decreased.

Rocky Mountains, on by Alaska, along the is. and opposition on the part of the general native

inds, of Japan, through the Philippines, inte population is so great that on the evidence be

the Malay Archipelago, including Java and lore us we cannot recommend its adoption."

omatra. The incidence of activity round the lantic is discontinuous and sporadic, in com- pariton. Another important prea is that which lies between northern Italy and the Levant, Away east to Western China, taking in the Per sinn Gulf, the Himalayas (the late disastrous Indian earthquake is a case in point) and Central Asia. Examining the area. in which Singapore lies, Professor Milne includes in this lava, Borneo, &c., to New Guinea and B the Malay Fealnsula, Indo-China, Sumatra, portion of northern Australia. Within the limits of this area he reports no fewer han seventy-five recorded earthquakes. is quite an naomaly that Singapore should be so near the main foci of volcanic energy in this region and yet practically enjoy com plete exemption from disturbance. It is believed, and Wallace mentions the theory in reference to the distribution of tham malia in the Archipelago, that all Malaya was ince above sea level. And that, whether nerged that territory, so that what are now abruptly or gradually, a subsidence has sub- the islands of the Archipelago were once the uplands and mountains. What we call the Irrawaddy and Salween rivers, probably, after ande, flowed as one stream down what is now meeting somewhere off where Tavoy now the Straits of Malacca then on eastward to the worth of what is now Jav, through Torres straits, into the originally more limited .cific trace a "fracture" line of volcanic continuity in the west of that old river bed. This would evidently been widely distributed on the put-depression. The curious thing is that we might up these coins naturally found their way back parts and in China. When our exchange wen

connect the Java volcanic and earthquake sys; and have in consequence been in excess of our

tem with those na the West coast of Sumatra, on north through the Indian Ocean to Harren aland (on which is still a volcano, formerly requirements. It has been represented to us that natives have passed these on European not legal tender over $t many persons appear very active, and still smoking), through the Andainans, to Western Burma, where there are houser in payment of their debt, and though

tnt springs found. Mr. C. Boden Kloss in his to have been content to get payment of their debts.in this form for fear they did not get it in

burs," p. 174, refers to the traces of volcanic aay, and they have not been able to get rid of interesting book "In the Andamans und Nico. the coins again,

There is, however, no doubt that some in-

in our hypothesis as to the location of the line convenience has been caused to the trade of activity in the Andamans. If there is anything the Colony by the excessive circulation of activity, we in Singapore (who have not for- was only right to ask Government, who had

so near, and yet so far" from probabil being these coins and your Committee considered itaten Krakatan, the greatest. convulsion on made a large profit, in coining them, to under-record) may well congratula's ourselves on take the expense of calling them in. So far ties of undergoing such a disaster as that, un. the only steps taken by Lovernment have der which Southern Italy suffers so terribly to been the tecail of a small quantity monthly day, remarks the Singapore Free Prass of 20th through the Opium Faim and the stoppage of inst further issue. A suggestion made by them to appear to us calculated to afford relief. raise the legal tender from $8 to $50 did not

STRAITS CORREŃCY.

SMALL COINAGE.

ศ.

IL

Mixellaneous-Green filant Cements have: been done and are still obtainable at: $18. China Providents are inquired for at So after sales at S9 and S910 lectrice has been patted with at $5 for the old issue, the market closing with buyers at Sist and Set for the old and new.shures respectively, Steam Water boats are offering at $14 Shanghal Gas shares are reported sold at Tls. 123), and 440 William Powells: the fihal dividend of Shanghai Waterworks are in demand at TIs, 70 cents being payable on Monday next; wa make the quotation $111 ex dividend.: Langs kata continge, on the sise and transactions at Tli, 240 have taken place, cloring in demand.

SHANGHAI SHARE REPORT,

The following resume of the week's share transactions is from Messrs. J. A. Sullivan and Co.'s share report published on, the ast September:

Business continues slow and but for the rapid rise in Langkats there is nothing of great niportance to chronicle, in this stuck, bow. ever, there has been a big business done for cash and time which has absorbed the attention of the market. The reasons of the advance are principally due to the sudden demand for oil after the boycott was lifted, causing prices to improve 35 per cent, and as better rates are markets are about to be re-opened, and these are reported to be denuded of oil-a wave of looked for in the futu e-now that the Northern

speculation carried Langkat with Brush up Ts, go a share. Shorts also joined in and, tumbling over one another, bought upwards to cover previous sales with the result that the movement was fast and could not be withstood, At the close the excitement has died down and we are easier. London sight is quoted 2,8 3 16. 10 721, cinses firm at 72 Console £899.16. For 3 days' sight, Hongkong. after weakening Wharves-Shanghai and Hongkew Wharf shares have been placed at Tis, 183 and Tis. reported at Tis, 1871 and Tl, 186) and are in demand. November at Tl, igo. December 185 for cash and settlement, October sales are

contracts have been signed at Tis. 197 and Tis. Shipping-Indos have changed bands at Tis, 188, but better prices are obtainable at the close.

For November Tls, 68 has heen done. Tog boats have found buyers at Tls. 38, 99 for ordin., 671 and Tis. 67 for cash and 29th inst. clearance.

ary and at TB, 47 for preference shares.

You will absorve Sir Unvid Barbour's cam. THE RATE OF EXCHANGE.

mities was afraid that the note issue proposed In the course of his address ip members of would not be readily accepted. I think I am safe in saying that in that conclusion a con. the Bingapore Chamber of Commerce, at the siderable number of persons here, qualified to half-yearly meeting on the zand, the chairina, judge, do not agree. We have had recently, Mr W. H. Shelford alluded to the currency question which had lately occupied the minds before us a very interesting memorandum by Mr. Huttenback the main purport of which is of them all. He said :-The rate of exchange

in support of this Chamber's original sugges with gold standard countries with whom the bulk of our business is now conducted has of tion, and some such plan may yet be the one

to adopt in order to secure stability, lute advanced so continuously that trade has

The position just now is that we are all com. generally been seriously inconvenienced-mitted to a certain policy--whether for good or for the time at any rate. Such fluctuations ill remains to be seen. It is a policy that have always had this effect, and it was with a view to obtaining stability and getting rid of essentially demands patience and I daresay it these fluctuations that after much discussion may entail some sacrifice. But if it is success. ful in its issue the gain will repay us. To call and deliberation the present currency scheme

that policy in question now, to abandon it and was embarked upon. You are all familiar with

to change horses in midstream will not in the the scheme. We reached a year ago the se

present it appears to us that there is no alter- cative but to wait patiently and watch events. cond stage in the scheme which is thus des opinion of your committee be prudent. At

"59. When the currency is so largely com- erited by Sir David Barbour- posed of the new dollars as to justify the We see nothing to gain by harassing Gover- ineasure, the Mexican and British dollars ment at the present time. shoud be finally demonetized and the Straits

We have however, found it necessary to ap. Mr. Deakin said that the Ministry was en-

Settlements would then be in the position in tirely in sympathy with the suppression of the

was undertaken in that country, with, however, the subsidiary coinage, as to which several use of opium for smoking purposes. The ques which india was when the change of standard proach Government with respect to the state of The very important advaninge that there would complaints have been received by us This coinage has in the past been issued freely in ion was considered at the lobart conference,

not be an enormous proportion of the new and it was unanimously agreed by the State.

coins either hoarded or circulating in lareignaccordance with demind as it arose, and it has Premiers that the Bates shou d'legislate to provide that she sale of opium should be con- fined to chemins and other licensed persons, countries which might, by being thrown into and that opium dens be prohibited and circulation, indefinitely delay the establishment penalised. While personally, as a citizen off the gold standart.

60. After the Straits Settlements had arrived the State, he thoroughly agreed with these proposals as a Commonwealth policing heat this stage, the procedure might be exactly t was to the States the same as it was in the case of India, ie, had no power to move it,

to meet the requirements of business in the they must look to deal with this aspect of the alter sufficient Straits dollars had been coined The representatives of the various States Colony and the adjoining States, the coinage Argued that the only possible way to suppress dollars would cease until the exchange value the evil was to prohibit the importation, In- of the dollar had reached whatever value in dian and Chinese opium was used for smaking, relation to the sovereign might be decided on Turkish for medicinal purposes. The two form by the Goveniment as the future value of the Straits dollar. After this stage is reached the er kinds should be prohibited. No increase in the rate of day would decrease the use of Straits Government would issue the new spiuni. The argument was advanced that the dollars in exchange for gold, and at the fixed loss of revenue at present collected by the duty rate."

The ultimate rate of exchange which it is on opun would be more than made up by the increased collections of duties on other articles desired to establish has not yet been declared such tobacco and cigars, that the opium and in that respect the schenie materially did no doubt that she will be fit for service againsmokers would then be able to purchase Isfers from that of the Indian Government. It when repairs have been effcried.

was puint d out that the inpriation of opium must however be recognized that the difficulties into lanan was absolutely prohibited, and per- in the way of Government declaring a rate have these prevailing when the Indian mints were sons found smok ng it were liable to imprison. been considerable, and the condition vary from meat or fine,

closed to free coinage of rupees. Instead of a falling silver market we have had a steadily rising market. Exchange has naturally ad. vanced with it. The rate which many people time ago, without as far as I can ascertain any hoped to see established was reached some. contraction of currency having taken place as is required to bring the value of our dollar indeed it has not had time to take place-such up to a sufficiently high level above silver parity to comble a rate to be safely declared.

Tobaccas-Sumatras are quiet. Langkas The demand rate of exchange on London is

have had all the attention.ol, the week and only.about 3 per cent, above silver and has not I think exceeded 5 per cent, during the last six

sales are recorded for cali at TIL: 180, TIs, 190 and Tis. 210. For this month's unitlemekt lower. When we talked of a 2/- duller our ex months, and it has been often a good deal

business is posted at Tis. 185 ex. div, and then hange had sunk to 1/8 and even lower and

boosted to T18. 200, Tis 220, T16 2278;223, there seemed no end to the fall. But we are

TI 212), TIK 2103152171 a 220,|| BEA now well over 21. It is not to be expected

Tis 215, Sales for October were' mado at that Goremment would fix a rate below silver

Tis. 187 com div. paid 6th inst, and Tls 1831 that is to say coin dollars at a foss. If a rate

ex

The 200,102,270, Th, 20031713351275. is to be fixed now that will be a safe rate it will

Amoy is one of the old open ports in China,

220 221; 111: 220,224 Tik. 118,210,3f7 13. have, in order to follow Sir David Barbour's

and Tit. 133,227) November sales are quoted' ideas and the Indian plan, to be a rate con- and trade iti certain classes of foreign siderably higher than that at present ruling goods is well established. In line with gener possibly policy among both Chiness and foreigneri

Advices from Shanghaj, dated agid inst., Tis 215,120 December at Tie 193,192) cum On the other hand if wo wale wa may pose 2% in the trade of the Far East, most firms con The frequency with which, ships' crews have rate a safe one and one we shall be glad to tinue to buy their supplies from the same whole state-Business reported:-Farhath, Berde diva Thi. 1931,190,1951 20513021205, sale houses and the wholesale houses from 13. 145 for September. Shanghai, and Tis: 215,215,223,120, Tha:115,427.3371,335,230, The steamer Atkor, has arrived at New been securing their discharge at this port has secure.

the same manufacturers or jobbers with which Bongkew Wharfs at Tix 19 for September, 17: Tisassa,230,2271and11121 they have been dealing since their frat trade Langkats at Ti, 1331 for September, at Tla January at 111, 115. With all these erratic extremely difficult to follow and ze gauge ibīs York, after a remarkable voyage from Port given rise to considerable comment among Antonio, Jamaica, during which the crew and master mariners who visit this port and others

If was catablished. At the same time considerable 240 for December. Lane, Crawford and Co and violent Auctuations the marketChaw bein

at $145 cash. who are engaged in the Philippine coasting

Business eight passcogers, all of whom are relatives or

dons direct:-Farnham; Boyds at an impossibility," it had we shou'd surely be more than 3 per can be done by Americans interested in pushing friends of the head of the Donald Steamship trade,, Many of these master have spent a

new American can goods as well as see of Tis, 150/rst for December. Indo-Chinax at Company, suffered grave privations. Farly in number of years in the orient and have come cent, above silver. Now contraciton meins

Whads at Thu: 190 for September and Tl 195 the voyage the machinery partly broke down, in contact with sailors in all ports from Cal difficulties of all port in our business. In and the steamer drifted about for several days, cults to Yokohama and the easy manner in adopting the scheme we had to face this cer- may be successful in securing trade;

their circular of 23rd Sept. The freight mar Both food and water became terribly rearce, which the sailors are discharged Bere has given tainly and we have to face it still it is not to in this, as in other respects, it send not be ax for December. Langkat at TH: 255 for Sep-Messrs. Limke a Bogge mi to ni followin ket has not undergone any matendi chauzo and had to be Risbanded with all care. Finalite to unfavourable comment on the shipping be supposed that a mere stroke of the pen is pected that American trade will do what it

WEEKLY SHARE REPORT: during the past fortelght There, Islinia ly those on board were reduced to eating any authorities in Maails, They point out that going to give us stability of exchange. It is ought to do until there is personal representa ember, and Tis 240 for December.

'moral inquiry for tonnage: In the direction ising

they could catch, and during the next recedily dumbers of men have been deen acost obvious that the change proposed must causation. Aside from what are known as commis few days four sharks and three dolphins were ing strangers at the corners of different streets inconvenience and possibly hardship before it sion houses in Amoy, most foreign firms and devoured. The vessel carried a cargo of twelve with hard luck" stories such as some sailors becomes successful. It would therefore be any Chinese firms do both's wholesale and s

inexcurable to complala

of such things occur retail business, The commission houses some Following is Mears, Benjamin, Kelly, and Salgos/Philippines, but in aber directions our in their begging petitions at such great

times have regular lines of goods which they Faith's report for the week anded yesterday market has not improved. 33 hare isi ample rotted and amitted - sickening.sisach,

sion of them that should affect our Judgment of added greatly to the discomfort of those on York. Another point cited is the ease with

Several

the sailors of the Bark Amaron secured the scheme. In fudis i think they had to wall dores, but more often are open to all sorts of week and transactious effected have been of a sear future are anything but promising. Het of the Chinese bokid. To crown all,

yin Docks have depreciated several points, while laid up, and more will has to discharge when, as they say, these men three yeard before they ultimately attained their

pese dealers with whom they are com crew mutipled because the supply of ice and

And come by way of Hongkong, the distributing ing a further sigh of Tlt, 15: on the previous the beller & Them is azan inquiry. (granice far disaster til softálmár lid

KION Kay stempre to enter that port before There is, however, one point in which I think point for South China. Amoy itself is distri-quotation, otherwise rates genergily have been to Vladivostok, but as the Japanese!^iljehot our situation differ from the Indian. In India buting polet for a number of large, 3inese (woll mplutelays,

The Japanese papers express deep sorrow at the catastrophe to the noble Mitara, but some consolation is found in the fortunate safety, of Japan's great Adinital. The i, in particular, declares that Admiral Togo's escape is a mat ter to be repiced over in the midst of the pain ful national misfortune. The Nicht Nicht de plores the loss of a glory covered battleship, which, if spared to posterity would have always remained the most inspiring momento of the Russo-Japanese war. In ikia lamentation our Japanese contemporary seems to be somewhat premature. There is every reason in hope that the Mikasa will be successfully repaired and will once more take her proud position in the Navy of Japan.

The Japan Times reports naval officer nå saying that, the damage to the Mikusa being limited to the after magazine, the task of rais ing her will not be very difficult,, especially as she is sunkiu a naval port, where every fac lity exists for carrying out such work With suit. able repairs, the fighting capacity of the vessel will not be much impaired.

A TERRIBLE, VOYAGE.

CHINESE CREW MUTINY.

Mr. Deakin said that even if the Common- wealth prohibited the importation of opium it might be grown locally. Only the tates them selves could prohibit the growth of the traffic. The revenue at present collected was £60,00%, three-fourths of which went to the States.

The deputationists united in urging the Commonwealth to take the first sten by pro- hibiting the importation of opium, which was the key to the whale position.

Mfr. Deakin said a very sincere attempt was being made by the Customs Department to prevent smuggling. He urged the deputation to use every effort to get the States to co- operate with the Federal Government in the

•

matter.

REFRACTORY SAILORS.

IN MANILA

It seems that at Manila sailors who refuse duty cannot be summarily dealt with. To this poin! has recently been given prominence by an article appearing in one of the papers, and which reads to the following effect:-

see a decline in silver which will make

But in any case the scheme is to fix the rate by contraction of currency. Hlas that con traction taken place yet? I doubt it.

:

WINDMILLS FOR CHINA.

U.S. Cunsul Anderson at Amoy, China, re- ports an opportunity to introduce windmills and rice hullers in that vicinity where rice is saving machinery. Here rice is hulled in the extensively raised but without the aid of labour. ancient way by a coolie who beats the bulls from the rice in a large mortar with a padded maul. Some of the larger rice establishments use a beating contrivance in which the maul is at one end of a beam which the coolie works 'pounds per day, In the French possessions, with his feet and weight, hulling about 150 south China, windmills have been introduced to operate rice hatling devices and they will doubtless soon be in use in Amoy where they would be favoured by the steady winds. Here windmills could also be put into use for raising the water with which the rice fields are flooded.

COMMERCIAL,

*** 38 b. *** 780 b.

Quotations for the week close as follows Hongkong Bauks... ......Shoo (sa and e. National Banks Union Insurances... China Traders Canton Insurances Hongkong Fires ... ...China Fites....

H

C. & M. Steamboats Indo-Chinas ....... Chica and Manilas Douglases

China Sugars. Luzons

Docks

.Kowloon Wharfa...

Farnhams

171

Hongkong Lands.....................

79 SK. 337b..

340 %.

871 b

20-b

95

18's

32 ex div.

230 s.

751 b. 185 b. 104 $ 344 ...$128 1.

Hongkong, Hotels... .... 247 Humphreys

174b.

Ewe Cottoni

...Tia. 53 D. $28 *. Green Island Cements...

the older stable lines, and even coche Tis. 7% for December. Shanghai and Hongkew

Docks-Farabam Royds have been sölu. k 'Tis (41) and T. 140 for cash and at-Tis 140. T. 141,142 for the end of the month.

October sales have been made at Tis 1421 November Tis. 1438: and December at 15. 145,146.

Lands.-Shanghais bave fourd sellers at Tiy, 123.

Cattons Nothing has been done under the heading, but rates are firm.

SugarPeraks are offering, Cházzaś bło quier at $130.

Mining Wei-hai-wei Golda have been world al Sol.

FREIGHT,

thousand banches of banenas, which gick Chipping centres as San Franciaco and Now | sing now. It can only be the undue prolong Alpose of to Chinese' through their compreh; The market/bgn:roled, quiet during the past tonnage in the market) and prospects for ibe

SEVDİRİLİRUISER DID

tobacco ran out, and, it was found necessary toife been punished by ones for thele object, and it was a period of fomie'd fficulty.itions for the sale of goods to this nimited paturo. Hongkong and Whampoa and particolarly up Nont Wig Gloss shortly! place one'in iröß. About a week after the'"refusal 6 dh17E AMA atlet caused many to foretai} dienster-bat so touch. The bulk of foreign' goods foråmay Laugkais condere on the upward move, show• ] unless our market takde ag Voexpected:turn to

steamer Montevideo hove insight and supplied Mr Pollla, deputy them with food and water, which lasted colil acting as consul for the United States, was seen met the preamer which took them in 191: | by a reporter of the pepar and inquiries were

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