M
PRECAUTIONARY MEASURES,
London, 4th December,
THE HONGKONG TELEGRAPH WEDNESDAY DECEMBER 6 1905
THE REGISTRATION
PARI NERSHIP.
MUCH NEEDED COMMERCIAL REFORM.
WILL THE STRAITE BILL BE DURKED? The Registration of Partnerships, which has been for years a necessity, bol only in the Straite, but in i hina and Hongkong, is now up
#TRADES AND COMPETITION,
Thoresen & Co., steamship agents, a compre We have received from Messrs. Angard, hensive report on Norwegian shipping in the
Last war the value of the dollar again, rosa to 16.10.4pt an average, and, durlar the last of this year it has been steadily on the with quotations as high as 2 for AMWORKING EXPENEES
iner
enormous increase in prices for all com-
necessary to the working, of the steamers out modities required not only by those living par
here, manently in the East but id no smaller. degree
The most elaborate precautions are being taken in St. Petersburg in view of a feared outbreak of the troops.
for discussion before our Legislative Cruncil Far East for: 1904-1905. This most interesting, we regral to say, be recorded. This The naval forces have been disarmed, The Daily Mall (Singapore) says: "Hongkong compilation is the work of Mr. Bjarnë Aagard, Kong,gal activity occasioned by the same. Owing to their sympathy' with the revolution, the first time this subject has occupied the at And, from its pages, we make the following
and quickfirers are trained on the Horse Guard's barracks...
All who can are leaving the country. Finance and commerce are paralysed." Engine drivers in expressca. bring Reuter's correspondent in St. Petersburg to the Ger- man froniler with news twice a day, whence -It' in telegraphed on; but the impending general railway strike threatens to cut off this
means of communication,"
has decided to awali action here. This is not
Textract :=
tention of our legislators. It was first brought up in 1888. An Amended Bill was, for want of support, not proceeded with in 1894, and in 1901 again the matter was brought up. This time the Chamber of Commerce was not pre-at parede A
The unusual number of failures of Chinese Arms in the Siraits and Hongkong, and the trouble afterwards in finding out the partners of such insolvent firms, have given grave cause for anxiety to merchants, and elicited severe as well as those in Hongkong, and out-spoken critic'sm hy our local judges
.1.
APPLICABLE TO ALL.
The present Ordinance will be applicable to
and
Hospecially been the case in Japan and
The direct cause baling the war 10. Aştiva. agitation has eract the continued increase. Whether this Dow sat in to coup.
will tell, but in the meantime we are in the items will prove abortive or not, the future midst of an upheaval with no certain prospects
Owners baving teamais in the Far East have had a lively time of it during the Russo Japanese war, and can look back upon a proof a decline. sperous past, bringing them good remuneration a time when practically all other markeis
were at low ebb.
DOCKING CHARGER
Owing to the loyal support of Norwegian awners, who have appointed us thair agents; wa'were able to make very satisfactory con
ensuring for the steamers in our hands a cod- act with the local Dock Company, monopolis siderable reduction is docking charges, etc., ing (sic)the, docking facilities at Hongkong,
thus effing a saving of thousands of dollars to our chants,
ALVAGE AND INSURANCE.
Most of the Norwegian steamers out here Manchurian coasting trades, trade between wore employed in Japanese, Korean and Japan and North China and between Hong kong and Formous. Owing to that the japanese regular lines, principally the Nippon Yusen Kalsha and the Osaka Shosen Kaisha, who previously bad had their own steamers running
The mutual alvage arrangement at present in these trades, had to place them at the dis in Chine, Messrs. Butterfield and Swire, Jar existing between the largest Steamship Owners parts. Besides this, the war brought renewed Merchants Steam Navigation Co., by which activity in all directions up North, the Mitsui vast sums are saved by the companies in ques- Busan-Kaisha and Milsu Disht: Goshi Kwashition, commands the attention of Norwegian for initance requiring a large number of
underwriters. steamers.
entrusted with the wardship of the Far East European and Native firms. Every fim will pal of the Japaness Government as transdise, Matheson and Company, and the Cĥipa
FORCE OF THE JAPANESE NAVY, It may be well here briefly to summarise the strength of the Japanese navy, which is now Counting the Mikasa, the strength is as fol- lows in important ships:
1 Captured Constructing Ready. From
Hiral projected. Battleships, clout 3
Total.
2
3. J
"
3
0
4
4
13 0... 16
Armoured cruisers 8 Protected Destroyer
14 16
2 20 +48 With a total of thiny armoured unita com- pleted, constructing or projected, japan stands fifth among the Powers of the world, the navies ahead of her being (1) the British; (2) the Uni. ted States; (3) the German; (4) the French. She has risen to this place from seventh, where she stood in 1904, when above her were the Russian and Italiani navies, as well as other fleets already mentioned.-Navy League. fournal,
JAPANESH SHIPPING.
PACGRESS OR RETROGRESSION,
INTERESTING PARTICULARS.
At a meeting of the Shiji-building Society held in Tokyo, Mr. S. Terada, in the courte of 'n spotch, touched upon an interesting phase of Japanese.shipping. He said :---
have to be registered. Every person falling to register his firm will be liable to a fine not ex- ceeding $25 per day, for every day the firm re: mains unregistered.
In registering a fim the declaration must contain the following particulars: 1. Fiim's name; 2, Address; 3. Nature of business; 4 Address of partnership firms. Name of each pattoer; 6. In case of Chinese, the Chinese characters for such names, the residence of the person registering, in the Colony and outside the Colony; 8. Birthplace; 9. Age; 10. În case of a minor or a Mohammedan or an Indisa, the nume bis faber, 11. Name of any other firm in which the person has a partnership; 12. The impression of the chief seal or chop of
Chinese firms.
FINES TO BE 'IMPOSED.
''
The liability to incur a fine of $25 per day whi prove an incentive to firms, and partners to register themselves according to the rules laid down. The main object of the Hill is to discover the actual puitners in firms, more especially Chinese, as lack of knowledge of the
constitution of such firma is dangerous to credit-givers and, what is still more serious, encourages dishonesty.
་་
A Chinaman of supposed good standing may have a small interest in a firaz, and on his name, that firm enjoys 'credit, yet when the mash comes, it is discovered that his interest is practically nil, he having placed only a com paratively small sum in the business, Later further smashes take place and the same man appears in each case, probably as the chief
owners and
...
The insurance question ought, we think, also to be reconsidered, in view of the anticipated It is from the same source that our strongest hard competition in the shipping line out here, shows themselves to be admirable calculators would help Norwegian steamers to retain what competition will come." The Japanese have Any change of system which would lead to a reduction in the present insurance permiums indefatigable and intelligent workers in the art they have, and to get an increase of trade of war, and their mercantile abilities are, if under the Norwegian flag. In this as in other anything, superior to their martial qualities. directions a combination of the many small cessful issue, they will, with all that energy 7 giving names of the Norwegian owners hav Now that the war has been brought to a suc-interests into one large common one, is much to be desired. A glance at the scale on page which has astounded the world, go in foring stramers trading out here will show our peacelul acquirements, and their steamets, so readers how split up the Norwegian interesis inng bound transporis, will one by one, dozen in reality are. by dozen, be released and be thrown into the marke. Already, several of the regular lines which were kept up by chartered tonnage, have again put Japanese boals on the run. A friend ly competition, hard as it at times may be come, will however not result in any of tend to increase the feeling of comradeship, the contestanta losing heart; but will rather
and we are glad to state that the Norwegian boats and Norwegian captains have been and are very favourably looked upon bath by foreign, Japanese and Chinese chaiterers out in the East.
NORWEGIAN CONSULAR BES.
Owing to that firms who had chattered Norwegian camera on time charter declined allowing clause inserted in our charters: Lo pay the consular fees, wa have had the
COMMERCIAL
TODAY'S EXCHANGE
London-Bank T.T..
Do demand Do. -4 mnaths' right. rance-Book T.T. merica-Bank TT. ...erniany--Bank T.T.
din T. 7.
Shanghai-Hank T.T.
·T.T. Singapore
apad-Bank T.T. ava-Bank T.T.
¡months' sight L/C.. 3 months' sight L/C...mon in
4
Buying
0 days' sight San Francis New York 49 4 months' aight
30 days sight Sydney and Melbourne ... months light Francs duonaseraza • 21. months' sight Germany... 5 months' sight
འ་་་་་།་་ནས་ ་་-a.
many Daou
Har Silver Bank of England rate Sovereign.....
To-day's Advertisements,
PUBLIC AUCTION.
-9.95
Intimatio
Special Opportunity
THE ROBINSON PIANO CO., LD.
Two
COLLARD
DRAWING ROOM
GRANDS
HALF-PRICE (to close n/a).
THE Undersigned have received instructions 5 RACHALS
to sell by
PUBLIC AUCTION,
FOR ACCOUNT OF THE CONCERNED,
„TO-MORROW,
the 7th December, 1905, at 2.30.P.M., at their Sales Rooms, No. 8, Des Voeux Road, corner of Ice Hou-a Street,
A LAROR ASSORTMENT OF GOLA, SILVER AND DIAMOND JEWELRY. Catalogues will be issued. TERME --As usual,
HUGHES & HOUGH,
Auctioneers. Hongkong, 6th December, 19 5.
(1199
PUBLIC AUCTION, THE Undersigned bave received Instructions
"Norwegian Consular feas including those payable at ship's port of registry amounting to the monthly instalments," by which we have been 3 öre, per net reg, ton per month. to be paid bythe charterer to owners agents in able to refund awners leaving their steamers in our hands considerable sums of money,
!ARBITRATION AND LAWSUITS.
As agents for the "Nordisk-Skibarederforen- ing" we have attended to several arbitrations and lawsuits concerning Norwegian steamers,
BUNKER COALS.
owing to the lack of coal from japan resulting from want of miners and railway trucks and The price of bunkers has constantly risen
owing to the increased consumption during the war. We have, however, as agents for ciation" been able to secure bunker, coal at the "Steamship Owners Co-operative Asso-
to pay." lower prices than individual owners have had
unsatisfactory results of previous venturer, local Owing to the tightness of money and the Chinese, who, in former years took the largest zumber of Norwegian steamers on time chaster, practically withdrew from the market. The export of rice from Saigon to Hongkong dwind Again, it is often discovered that the prieci whole time the war has lasted, the situation led down to practically nothing, and during the pal partners, seeing inevitable failure coming, may curtly be described as this: that the clear off to China, or, if not, the chief partner market was most active and fixtures, most or partners live in Chine, where it is impossínumerous in the North, the Hongkong market portance than ever to the large fleet of vessels The coal question has become of vaster im- ble to reach them.
following as a bad second, and the Singapore for Japan coal are as high as $13 at present, in the East, and as prices At present trading. and Bangkok markets bring the slackest, with we may look forward to an increased import of no demand in comparison to former years. Bergal coal, which it is hoped can be brought The Norwegian tonnage was especially ham on the market here at about $a less per ion, or pered in the Bangkok trade where the North
of Australian coal, of which latter large ship. German I loyd, has assumed a contiol. whichments have arrived. If Indian and Australian practically constitutes a monopoly. How long trades to spring up: principally for vessels of chal get hold of this market, we expect new chia is going to lost we cannot tay, but in the farger type, between Calcutta-Singapore and immediate future no hopes of an increase of Hongkong, and between Newcastle, New
ade for our steamers may be expected in this South Wales and the North. direction, so that the efforts will have in be concentrated upon retaining as much as pos-
LEGAL OPINION.
This state of things is ruinous, and is more especially to on the small European firms. It not business, and in more than one case, has been worked, by Chinese firms so cunningly and smarily as to warrant their actions being called a swindle, and, although in nearly every case men have been seriously reprimanded by the Courts, yet the judges have found themsel ves entirely unable to punish the offenders The legal fraternity, the Official. As ignees, and the Judges are all in favour of the passage of the Bil
Prior to the Japan-China war of 1894-5, Japanese steamships numbered 680, and their aggregale tonnage only reached 10,000. After the war, however, the number increased to 827, And the tonnage to 213,000, the latter showing An increase of more than 90 per cent. The in-partner... crease during the late war, however, amounted to a little more than 40 per cent. At the end of 1903 the number of Japanese steamers was 1,088, and their tonnaga aggregated 650,nos. -At the end of September, 1905, the 6gures were 1,360 and 910,000 respectively. It is true that japanese shipping, which ranked ninth on the list in respect to tonnage, has ad- vanced to the position of fifth at a bound after the war, leaving Holand. Italy, and Spain is the rears but it is open to doubt wether Japan is not b. bind the countries thontioned in point of quality. The number of steamers purchased during the war was 148, with an aggregate ton- ABRO
of 320,0, 120 of the steamers being over 1,000 tons. The majority of the ships, how. ever, are obtulete cargo-boats. Their average speed is to knots, while their age averages 17 years. The price paid for these ships was There is no possible reason for throwing out comparatively per party big, being an average of VS7 the Hill. There are several opponents to it,sible of what we have until an efficient arrange.
nine rewly-built ships, the tonnage of which aggregates 24,002,
among whom is Mr. Huttenbach. This gentlement can be made to protect our interests in man is strongly opposed to the provisions for Siam and Straits Settlements. seven of these possess a bouble bottom, and identification, claiming that they are vexatious, they are mostly built of steel. Their speed and predicts that the Ordinance will make the
from
to knots, but
position the and even speaking, they can hardly be clasted as first way trade. Mr. Hoitenbach's him bas, like class
ships. Wooden vessels intalling 1,897 all other firms, been a heavy laser through the tons and real vessels aggregating 7,461 toni
very shortcomings, which the opposed Bill were built during the war.
"The number of chartered vessels that plied..but-has-nul shown why. There is no induce will rectify. He says it will drive away trade, along the costing porta during the war totalment for English and foreign manufacturers led 1,341, with an ageregate fonnage of start business in the East. Firms in Europe 2,800,000. This greatly relieved the pressure know with whom they deal. They know for a upon the coasting trade by seamers being certainly the exact construction of their buyer's withdrawn to serve as transports, though the firm and, if not, they can always obtain in passenger traffic suffered considerable incon formation from the Banks. Such firms would, venience for some time. The charterage, esti- mated at Y3.50 per ton, must have amounted Straits, China and Hongkong for then selves. therefore, never think of doing busi ess in the roughly to to million yen. The captured ves. Why? The question is readily answered. -sala of over 1,000 tons numbered 35, their top- hey want to know with whom they deal. nage being 110,002; the vessels. fast or sacri. Even the Banks here cannot say for n certainty, ficed in the war were sisa 35, of a total of except in a few exceptional cares of firms of 83,000 tons. Thus Japan's mercantile navy long standing. now consists of 4,958 foreign-rigged vessels of 1,250,000 tone; including 1.360 sleamers with the aggregate tonnage of 920,000,
110
That some Chinese firms themselves arrived at a decision on the point is proved by the ad- vertisements to be occasionally seen in our local papers, declaring the partners in the firms
I
The way in which the German Companies have been able to expand their Eastern trade
commands entire admiration and it is to be hoped that Norwegian owners will take the lesson set by their German competitors to each other coupled with a heartier support heart; and adopt a closer combination with of those who have been placed out here to attend to their interests,
regular lines, the Japanese and Germans have By acquiring new and expanding their old
not be custed, and which it may be assumed Kol a foothold in the East from which they will will lead to their ultimately becoming more and more dangerous competitors not only to Norwegian owpers but also to the British, who hold the record as the largest shippers, traders and carriers to the Far East and on the
coasts out here.
WHALING.
:
or two
Although the number and tonnage of Japanese steamers have increased by 40 per cent, at stated above, compared with the fleet before the war, a diminution of about one knot is to be observed in the average speed, and an increase of one year and half in the average age of the ships, A de- crease is also to be noted in the number of
· Venseln 1. posseseng deuble bottom. In this re- gwrd Japanese shipping appears to have made on the position thus army assistant kview ne merchant in Penang expressed his view retrogression rather than progress, and at the earliest possible moment the ships of obsolete the bazaar, &c. If the position is altered, all between the different firms in this line will type must be replaced by those of newer, pat my experience and knowledge becoms of no, tern. Assuming the average teaworthy dura-value."
The two Norwegian whalers Rez and Regimo firms that nothing is done, but it is a gross in-bád a prosperous year on the Korean coast, is not only hand on the small European stationed at Nagasaki have, we understand, justice on respeciable nalive and Chinese firm, and it is reported that the whaling fleet is who must, as a result, also rest under a cloud going to be augmented by one of suspicion.
steamers, Japanese have just ordered whalers Christiania, and we expect that the competition to be built at Nylands Shipbuilding Yard,
become even keener than it has been.
tion
the increasing requirements."
cannot bold.
ANOTHER VINW.
There is no one firm in Singapore of any
Borneo coal on the market; however the great Attempts are also being made to place difficulty in getting miners to work the fields. owing to the climate and to hygienic impedi. menis may prove too great at present,
At the beginning of last autumn and winter, Cardiff coals were practically a drug on the market on account of the large influx, but these cargoes have now been worked off and the market, has again attained its normal papeci.
CHARTER PARTS.
the East vary in ikeir contents so materially The charter parties at present in vogue out
competitors ought to effect a unification and to that Norwegian owners in company with their secure a standard form for the whole of Fast Asia similar to what has been done in the
made up north to still further ensure for char West Indian pad orth American trades.
Allempts, resisted by us, have of late been
obnoxious to owner. teers
fom most sat sfactory to them and
By mutual concessions, a reasonable charter be arranged. However, as long as owners do form satisfactory to both parties could easily not take the initiative and as long 01 agents and brokers, in their attempts to do business tout prix support the claims of the char terers, we shall have to be content with the chaos at present reigning.
THE RISE IN SILVER.
...SIAM'S CURRENCY.
to sell by PUBLIC AUCTION," FOR ACCOUNT OF THE CONCERNED, on
8th December, 1905, at 2.30 PM, at their
FRIDAY, Sales Rooms, No. 8, Des Voeux Road, corner of Ice House Street,
A QUANTITY OF
MISCELLANEOUS ARTICLES,
Comprising HALF-PLATE CAMERAS, SEXTANTS; CLOTHING, TELESCOPES, BINOCU LARS, BOOTS and SHOES, SUNDRY JEWELRY, &c. &c.
Catalogues will be issued. TERMI-A usual.
HUGHES & HOUGH,
Auctioneers,
Hongkong; 6th December, 1905,
[1200
PUBLIC AUCTION. HE Undersigned have received instructions
to sell by
PUBLIC AUCTION, FOR ACCOUNT OF THE CONCERNED,
מם.
MONDAY,
the 1th December, 1905, at 2.30 P.M., at theit Sales Rooms, No. & Des Voeux Road, comer of Ice House Street,
A LARGE ASSORTMENT OF JAPANESE CURIOS,
1
ComprisiES, INCENSE
OLD SILVER CLOISONNE WARE, TEA SETS,
SATSUMA BURNERS, WALL PLATES, GOLD and
LACQUERED WARE, SILK EMBROID
MENTS, &c., &c. &G, ERIES, OLD BRONZES, WALL HANG- INGS, KAKEMONOS, IVORY ORNA-
Catalogues will be issued. TERMEAS USʊal,
HUGHES & HOUGH, Auctioneers. Yongkong, 6th December, 1905. [1201
LADIES' RECREATION CLUB. SUBSCRIPTION DANCE will be beld
in the
7th December, 1905, from 9.1 5 P.M. to £2.30A.M. CITY HALL, TO-MORROW.
Applicati as for Tickets ($5 each) should be addressed in Mrs. FRAZER, Hon. Treasurer, at the King Edward Hotel or clo The Hongkong and Shanghai Banking Corporation, or to the President, c/o Mesurs. Jardine, Matheson & Co.
Tickets may also be had at the door, A Tram to the Peak will be run, not later than A.,
M. BELL, Hon. Secretary.
[126
་
Hongkong, 6th December, 1905.
EQUITABLE LIFE ASSURANCE SOCIETY.
BY TELEGRAPH FTER FXAMINATION, the Chartered Accountants have further certified to the Directors..rf the EQUITABLE LIFE AS- SURANCE SOCIETY of the United States The following is taken from the Bangkok that the Society has a surplus of 67 millions and that the Society's financial position Is Tiger of 20ih ult.:-
unquestionable.
SHEWAN, TOMES & Co, General Hanageis. Hongkong, 6th December, 1905. [1:07 FIRE INSURANCE ASSOCIATION- OF HONGKONG, REGATTA HOLIDAY..
Government has advanced the Treasury selling
Owing to the rise in the price of silver this
expecte
t
TT is hereby notified that FIRE INSUR- LANCE OFFICES will be CLOSED for DAY, the gth instant.
By Order,
A. R. LOWE, Secretary. Hongkong, 5th December, 1905 · [1204:
NOTICE TO CONSIGNETES: STEAMSHIP "DUNDAS," FROM JAVA.
PIANOS $550, formerly sno
APOLLO
PIANOLAS $290. Rolls 20% off.
JUST UNPACKED
IN NEW STORE,
BECHSTEIN,
STEINWAY,
KRAUSS,
HAAKE,
RACHALS,
WERNER.
A STOOK UNEQUALLED
IN THE COLONY,
HIRE
OR CREDIT.
Hongkong, 6th December, root
Trade
TELEPHONE NO. ` 135-
CHAMPAGNES.
MOET & CHANDON
'Dry Imperial'
Per Case I doz. Bottles
$57.00
60,00
MOET & CHANDON
Star"
"White
Per Case Doz. Bottles
MOET & CHANDON Mousseux
Per Case Doz. Bottles
CHARLES LOUBET
price of the tical. We un lerstand that the re- solut on to maintain any advance made still helds good, and that the Government is confi of ships to be 25 years, it is clear that ex-- The view taken by the gentleman is certain.
FOREIGN CREWS.
dent of its ability to keep the price up to the isting vessels, the average age of which is 14ly selfish, yet it is not to be credited that any
Owing to the large influx of undesirables, figure now reached. That being so, the effect years, must be replaced in the course of the one merchant in the East can know with East decline to allow sailors and firemen not things should easily adjust themselves to the the various Governments and authorities in the on trade is not likely to be very noticeable, and We next eleven years. In other words, Inpan must firm or even go per coat of the firms with be discharged from steamers arriving out fram Led would be check in the exports, as the, the Transaction of Public Business on SATUR:
build or purchase new vessels totalling 84,000 whom they trade. Their cashiers, buyers, and
Absolute certalaty the constitution of every having the necessary means of sustenance, to change. The most natural result to be tons every year. In the past, 33,000 was the maximum tonnage Japan had built in a single the European himself know? Such argaments the necessary amquals, for passages hame.tain the present prices when exchange godi salarmen do not, and if that is so, how can deposit sums varying between $200 to $500 or their rates, and exporters cannot safely main
home, except the owners or their agents holders of paddy are very reluctant to lower year. It will therefore be readily seen that unless great progress is made in shipbuilding
These r anterprisen in Japan they will not be equal to standing which has not at one time or other way by the circumstances, have led to variona | is a'matter that should not prove very di
sregulations, which. are justified in every UP But th
a bumper crop
crop in prospect, that suffered, and many have suffered very severe Captains. The procedure is, however, become by the improvement in the value of
controversies between the Consule, and the cult. The importer, of course, should benefit. the tical, ing more and more known in Norwegian ship but the retail parchaser of imports has by this The following report is from Mr. F. G. Figg, to be overruled by our Chamber of Com
It is pleasant to see that little Penang is not in circles, so that further controversies bard-time ceased to hope to share in the benef First Assistant of the Hougkong Observatory merce, for notwithstanding Mr. W. H. Shel. During the period in question and for the ed
ly will occur in the future.
Theoretically be should, On the 6th at 11.55 am The barometer ford's letter arging the Panang body to co-
PREMITTANCES,
with falling tical, but, since prices went up experience rock 10 has fallen generally, particularly over the E
show that era
retail prices are
Jower operate against the pit, the and body, to co- steamers, fixed by ss, more thsin kiend for one ed by an improvement in the value of dilver The depression lying
people, however, who are decided
home, besides more than kroner 3,500.000 ent thing
seriously affected by morning Approaching the neighbourhood of that certain provisions require considerable wo have sold out here.
some-time blessing ; Shangbal from the Westwardy nog oordmendmentïst the same time they thank the "Anifar is at present standing at 21 116 |'a¤ cœtablishing for them some 'claim to consi
enjoy theor
of a 'sterling Cargo impeding the discharge of the Vessel 31As regards such Government servants; will be landed and stored at Consignees risk SOLE AGENTS— Government for introducing the HILL Penang
the recent history of the tical must be regarded and expense. to be congra
Congratulated o
steps she has demand draft, ■ splendid exchange, which will deration. A man who was contant with a ster Band must be signed by Consigness at this Before delivery can be made an Average The proposed Bill will affect the
recoup the owners somewhat for the increased ng salary that yielded him Boo ticals a month Office
THE WEATHER,
ly
WELL DONE PERANO,
HE above Stearner
noes of Cargo are hereby requested to send are likely to be in their Bills of Lading for Countersignature,
and N, coasts of China merce practically unanimously
Chins they approved of the general principit of 1000, were encashed, and have been remitted OR LAPHAM by what is in itself an excel- / and to take immediate delivery of their Goods ¿yenterday," has moved Elitwards, and is this gintration of partnerships, but are of opinion purchase money for Norwegian steamers which whs and for the general welfare, are those from alongside.
Pressure is high over E, Japan.
the China cost, but likely
The monsoon is at present interrupted on Is
Wrongly by tomorrow in the North
of the Chien Sealyfe pomoreenit variable leds, light or moderate
*EXCHANGE,
A Bow cost of running ibair meamers andˇfor HEZIOR: - hen the valux of the sical war, say, 19 to the 61: No Fire Insurance will be affected by us in
VAL DODWELL & CO., LIMITED,
Light monsoon is indicated over the Ne part by giving (the, smaller ones, which cannot had to accept: lower freights of Inter. The is not likely to be so when there is a not very any case whatorer
afford to remake heavy lores, at mast fair average exchange which In goo was to distant prospect of its being reduced to 674 by a chance, and that is what the large firms seem”; 21,0.116d fall in 1951 to artof in 1908. It a difference in exchange. All the same the adj ingly do not wanted
was approximately 18.8-14 and 1905, 14,814, vance is one to be regarded with griisfaction.
Hongkong of Demon tran
& CO.
"Extra Seo"
Per Case 1 Doz. Bottles"
H. PRICE & CO.,
WINE AND SPIRIT MERCHANTS.
12, Quuuu's Road Oruthat
Hosrkoor, 14k November, 190
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