1910-11-26 — Page 5

NOTES BY THE WAY,

REPUBLICAN Generosity,

THE HONGKONG TELEGRAPH SATURDAY NOVEMBER 26 10IO

THE QUADRUPLE AGREEMENT.

COMMERCIAL.

-'24th November, I p.m. No more satisfactory piece of news has come

The following quotations for rubber sharox to hand in recent months than, the announce. ment that Great Britain, the United States, by wire, are supplied by Messrs. E. 5. Kadoorie Germany and Franco have practically decided | & Co.:— to pool their Interests in any forthcoming Chinese loans and drop the absurd and un------ digulfed tactics that have more than once bean adopted in order to obtala exclusivo lone agrements. The decision is not only a wiso one so far as the four syndicates themselves

It has been said that a prophet is never hon pared lo bis own country but "la Portugal, it would seam that the good work of disinterested educa'fools!! is held at a discount. By the espalsion of the harmless but immensely use. ful Jesuit Fathers from Mac o, the self-appoint od Government of the world's 'youngest Re- public bava la ured such odium as is not likely to be easily effared from the memory of -present and future poterations. Such bigh-aro concerned but it promises much for. China, sounding and empty phrases as a new era of "aasters morality" and "Immaculate jastico" being shrred in may be vary well in their way buies are apt to be judged by their deeds. gad not mere words. The he.rdless conduct of thore political bandits will reusala iedolible on The minds of refined and cultured people and will mark anether besmirched 9,ot ccr.is the pages of the world's history.

C

BRITISH POLITICS

As we have shewn more than once there is no

doctrine and no principle so easily liable to abuse as the doctrine of

STHERES OF INFLUENCE.

a country

That doctrine is incompatible with the geunloa adoption of the policy of the open door, as the presoat bitter experience of Manchuria le standing evidence. Wherever claims a sphere of influence it has a tendency to close the door to the enterprise of other nations, and as the sphere of influence becomes more clearly defined the Power claiming it be. comes more and more fully regarded as the actual owner of the country, as has been the case with portions of Siam; and eventually the sphere of influence is conve ted, into a territorial possession, as again we have seen in Slant, and no Japan and Russia would like to demobstrale in Manchurla, Henco the Im mediate effect of the decision reached by the financial groups that form the Quadruple Loan Byadicate is to lead powerful support to the assurances of

The political horizon to England is clouded by gloomy spectros. Tho Velo Conferenca, from which g eat things were expected, bas, as wa know, turned un to beɛn signal failure and vry shortly we may expect to hear of a dread ful, political cataclysm at Westminster. Va who are far removed from a scenes of party Birife may not be inclined to give the matter the paisuis of attention which it folly deserves but this unique political quarrel is fraught with the greatest of issues, involved as it is lo mit ters of the greatest moment to the Co'stitution. Had the late King Edward lived, an amicable stlement might have been arrived at but as it is, the country is on the eve of another General which the Chinese Government has from time Electing. We all know what that means. As to time received from the Powers. Whilst the Dual, the principal question will most probab-pre-eminance which, carta's Powers now enjoy Ir be lost sight of in, nigrificant side-issues, for there are wheels within whee sas far as an English General Elegioa la concefeci. Ia deed, the occasion would be shorn of its sigal fic ce mere it to be separated from its mad. dening influences, which seen to be lavested with a peculiar glory. So on with the battle, ye frenzied fanatics, and let midness balua cor faed!

THE ETIQUETTE OF CALLING.

I have been roading lo a Colonial paper of a cuious habit wich prevai's in M.-In that city, married people sim to consider that the bachelor-newcomer should call upon them if he wishes to have the pleasure of knowing them, while the bachelor, whe has beed in the place some time, is common with the freshly

I

CHINA'S INTEGRITY

in various parts of China will doubtless con. tinue for some time to come, the agreement which has been roached should de much to brak down the-exclusiveness that has hitherto can attempted-la-those clearly defined areas. Thus Germany will doubtless lead the way in Stantong, Great Britain in the Yangtz Valley, France in Kwangsi and Yuopae; but whenever fouds are ceeded and a loas nego- tiated all four Powais ara to

SHARE IN THE BENEFITS, It would be difficult so over-rate the signifi cance of this is some parts of Obisa. To be- gin with the most serious problem we buy,

is that of Manchuria. Japag and Russia bave bitte to succeeded in herping out United States capital and British engineering, bat it

Anglo-Javas Tls, 7}

Anglo-Malays.........34/ Balgowles.....$10.75

Bertams.......

Carey United..................17/6 prem. „Castlefields.................................................170)

Changkat Serdangs

B

Cheras (part pald)................38 prome Do.(fully paid)......................... ........518 Damansaras ............................150l- "Eastern Internationals...... 13/9 prom. Glomdalys........$2.03 Highlands and Lowlands ....107/6 Indragi.......$13) Kamanlags.6) prem. ** Kuala Lumpor........................ Ledburys PÁSKÁKAAMAADSCOUN Lioggle 243544 London, Ailatics.............. London Ventures... ........

....265/

10.46/9.

136.

..5/3.

Merlimada.......anjima ↑ mömaraðf- Pajam...SOLO ARIANE Pegobs

..S

$31

Rubber Trails.............................ti)- prom. Sandycrofts

pregn

....$26

Sapongs, si

Seafisids. ❤ muni

140/-

Slagapore & Johorea

..Si3

Sungel Chobs.............................. ...................95/- Sungo! Kupats............. Tangkah5...........

13/9

.33'.

United Serdaug3 .........................117,4 Ualted Singaporos ...............

United Sumatras..................8/9 United Langkats...80/- Duff's............... Tronohte, motor mana Para Rubber

...12/6 32/6

.6/3 per Ib. WEEKLY SHARE, REPORT, Reviewing the shore business for the week,

Messrs, E. S, K.dourie & Co. wii'c :-Business

remains very dull and there are no changes of any importance to record,

Rubber, Ste ling stocks remain'd very

steady wat little business passing-Singapore stocks remain inanimale. Fara Rubber is Bants-Hongkong and Shanghai Banks outed 6/2 from Loadon by cable.

Salgon Hoogkong The rats stands “un- changad at 9 cents, and cbartering is confined to a solitary settlement, the beat in quowion belonging to the New Company, cargo consiste lug of Faddy and Rice flour only.

Salzoo/¿hilippi.ca :-Rate has receded and 3 singlo fixture only has transpired on basis of 35,000 picula at 93 cents to Manila.

Saigon/Java, ➡laquiry for prompt todengę has resulted in a charter at 24 cants to one port N. C. Java.

Java/Hongkong-Local bogat market is still very depressed. Stocks held hate are plentiful and no new business is expected for come tima....

To-day's Advertisement.

OEGULAB STEAMSHIP SERVICE

TO NEW YORK,

VIA FORTS AND SUER CANAL. (With Liberty to Call at Malabar (2251)

PROPOSED SAILINGs riou 'Hongkong

FOR BOSTON AND NEW YORK.

Sailing on or about S.S. "SIKH"

****** | 15th December. For Freight and facihai Information, apple

DODWELL & ON, LIMITED,

Agrois, Hongkong, 26'6 November, tato,

Saigon/Japan:-As for next season, reports kayo it that Japan bas contracted for some 60,000 tons for Spring shipmont, the bulk of to which most likely will be carried' by Japanets tonoa. Prices for now grain have risen con- siderably and'sico dealers are reluctant to con- tract for farther forward deliveries, except at enhanced prices.

From Bangkok ́to`this, chailering of out. aiders remalos quite impracticables »

Haiphong to Shanghai: The Norw, 3.5. Profesa has been fixed in Shangbai for a cargo of cement en lamp suni basis of 543co→, rate working out et about 60 cen's per cask. Local- ly, a part-cargo of 1,7 :0 tons cement in boge bas been booked by a liner Hongkong to Hankow

at $3 per ton.

Haiphong to HoogYong-One of the regular Steamship Lines bas had inducement to take up outside tonnage, the Germ, 5.8. Stata for a trips, terms are withheld.

|

Er6

HONGKONG'S NEW REGIMANT,“

RECORD OF SERVICES.

The rat Battalion King's Own Light Infan- try, which arrives at Hongkong shortly from Capetown, is no eld and distinguished corps. It was formed in the year 1755 on the 53rd Ro- | gimer't, which was subsequently changed to the gist Regiment. In 1758 it went abroad on active forvice, and at the battle of Minden laid the foundations of its reputation as one of the finest regiments in the British service. Then followed service in Ceylon, when it was commanded by the celebrated Sir John Moore, Newchwang Canton:-One fixture was done the campaige in Ceylon, the Poolasalar War, up North at the reduced rate of ig cents. The in the course of which it gathered imperish- local, bean market bas somewhat improved lato-able laurels at the battles of Corunna, where ly allowing ch iterers to offer as bigh as 32 its old colonel fail in the arms of victory coots; however, toupage for loading prior to the Salamanca, Vittoria, Pyrenees, Nivelle, Orthes, closing of the port of Newchwang being un- the storming of Badajoz, and the crowning procurable business did not come off. The port victory at Waterloo, when it was cogaged in must have been closed by now.

repelling the French attacks on Hougöment. 7

It participated in the second Burmese War Tallgowan bas already had one charter to

of 1852, the Jowakai, Expedition, 1877, the Canton part-cargo" of 23,000 piculs at ag cente

Coal Freights: -Fixtures havs been effected Afghan War, 1878-72-80; the Burmese Expedi- follows-Wakama zo/ Jongkong $1.65, tion, 1886 87, and many other minor affairs, Its Meji/Hongkong S160, Wakamalza/Canton 2nd Battalion, which was the old ngih Regl. serviče, represented the regiment in the Tirab $1.25, for prompt londing, Ful Leat to Slogament, formerly of the East Iodis Company's pra Sa.25, and Tulo Liut to Cantos 3.50 per Expedition, 1897-98, and la the South African War, 18 pagoo. It fought magnificantly at Bai- mont, Enslin, Medder River, Magersfontelo,

D5

100.

Timecharless-Nor. s.3, Soly & Easter bas extended for 6 months at $3,15-Stes, Cue, trading between Bangkok and Singapore, Nor. 9.5. Stir 3 months a ̈$4 50.-aud Chineta ss. Hain Shun for 2/r months at same rate, both

Cochin-China and the Pallippises.

and Paardeberg, and numerous smaller actions and sirmishes of that protracted struggle, The *ad Battalion font 9 officers and 115 men killed

officers and 155.men were wounded in action.

Imported, is equally expected to cai upaul wil be a much more serious malter to of pase have been in goad dtmand but very litla being employed in the cattle trade between action, died of wounds or disease, and 11

married-people who have returned from leave or from prolonged absence in another part of the country. This, wo are told, is a form of ceremony which resolves itself, in the m; jui y of cases, into the perfunct ry leaving of cards, far the very good reason that at the time when cells are made, houses are usually empty. In

A few instances, a card btx enables the would- be caller to locate his objective, and further makes it fairly certain that is cards he leaves will actually be found by those for whom they are intended, not by any means a certainty when they have to be deposited in the verandah owing to the not infequent"total absipce of 'domestics. I wonder how many people in Hongkong the above facts will interes. Not very many, I fancy. I know evir.l good folk who never makes any calls at all he only calls they ever trouble about are at their favourite bar and ibers the simplest of con-

ventions suffice.

PLAYING EXTRAORDINARY,

|

the Qaidruple Syndicate, supported by the The friend. four Governments concerned.

busines bas been transacted owing to the ship between Germany and Russia is psr-difficulty la fading rollers. Toey are now asked for at $895 Nationals are the same haps abt so strong as it was, but should Fusia oppose the introduction of Quad-users at, 530, ruple capital in o Manchuria that friend- ship will be considerably weakened, an! at the sama time the much more sincere friendship with Fiance.would be imper lied, and all fæ the sake of friend bip with Japan. ? be agres. ment now concluded brings within a much closer range of practical politles the carrying out of extensive railway and development works in the Thren Eastern Proviz ces.

Not alone lu Manchuria will the agreement

|

Mario Tourances.-Cantons have been dealt in to some extent at $13). There are bayers of Ualons at $8 15 and possibly a higher rate could be obtained. North Chinas can be. placed at Tis. 10. Yangizes are unchanged at $350.

1

Fire Insura: ces-Chion Fires have been cld at S:16 and Hongkong Fires at $350:

Shipping.-Hongkong, Canton and Macao Steamboats have changed bands at $3-4, but holders now ask for $„þ. Ohion Maniles are

Sail Tonne loading or to load :--For Bal- timers and New York Brit, ship fate polir 2,652 tas net, reg. to load in November/ December.

Sail Torange Disengaged':-None. Departure of Sailers-None.

PIGHT FOR THE WORLD'S OIL

TRADE.

£100,000,000 CAPITAL INVOLVED.

prove of advantage to Calos. As 1s wall offering at $3, and Douglas Steamships at $2, being waged between two sets of finacciers to

kaowa, the Fresch Gavarnment has sought to

CLAIM A PREFERENCE

in the supply of loans and skill for the develop. ment of Ewangsl and southern Yunnan, and we have repeatedly polt ted out the danger of acced. isg to Freach demands. The same applies I va heard a lot of stories about though is a lesser extent, for natural boundaries wonderful, missionaries aid their ao less assist Chion vary considerably, 16 the British wonderful doings hat for sheer ingenuity of offers of capital for the development of western mind the following easily takes the palm Yuanau, southero Saschwan and Tibet. The The president of the Faptist U-ion of Victoria last month told a Sydety audience bow, whikt acting as secretary or something of a religious society, be once prayed to the Lord for Lico to pay off an ever rait of £24, which threatened to dɔuble its. It by the time the bri mesting came to ind. to didn't arrive promptly, and the good man's faith began to wilt; in fact, he reduced his 'demand to the £24 that was actual y requise. When he seemed about to curl up altogether a letter from a devout firm was handed him, enclosing a cheque for the fall amount. (Lood applause) The picas narrator siste his tory neatly in

do this wise: "That was lovely, wasn't he?

objection in bothjih se casas is that France and Briteio have their own possessions marcbing with those of Chios, and however good the faith of there two pa'ions may be there is al ways a tendency to convert commercial lo terests into political, a tendency which the agreement will very considerably reduce even if 11 does not remove it altogether.

Now that the four syndicates have reached sa sensible a position with regard to each other we may, have tops that something will be settled with regard to

CHINA'S BORROWING OF FOREIGN 'Funds'

for railway pu pores. The loan already provid. ed for, primarily through the United Stater, is required for the purpose of putting China's finances, beginning with the currency, on a sourd foundation and for the development and streng bevitg of China's position in Manchuria The Central Railways are not yet prev'ded for as it would ppear that the local merchants and

Indos are quoted at $58 nominal but shares could be placed a little below this rate. The General Managers have announced an interim dividend of 3 per cent, on the Preference shares, payable in London on 30th inst. The price at home comes slightly lower, viz, L3 15f for the Freference shares and £1 125. 61. for the Or- dinary. Star Fenis bave found buyers at 5.3 Red the partly paid at $12. Shelis, according to latest telegraphic advice from London, are quoted at Ex

A great fight with mosey, sud brains la now secusta control of the petroleum oil trade of the world,

Events Coming.

Wedoesday, 30th November. St Andrew's Ball.

Saturday, 3rd December. Boxing at City Hall, 9p.m. Bazaar at St. Paul's College.

Thursday, 6th December.

Intimations.

THE DAIRY FARM CO.,

LIMITED.

CHOICE AUSTRALIAN - BEEF,

LAMB

MUTTON,

RABBITS

AND

HARES.

ASAHI

ASAHI

ASAHI

AWARDED

and

SAPPORO

GOLD MEDAL

SAPPORO

SAPPORO

BEER,

AT

ANGLO-JAPANESE

EXHIBITION,

PRICES:

4. Doz, Qarts.

8 'Daz, Pints

«S (1,00 per casO

$13,50 អ

OF ALL

WINE

MERCHANTS,

KWONG FUNG YUEN,

HEAD OFFICE-No. 61, Des Vœux Road West; TIMEER YARDs-Kennedy Town,

TIMBER MERCHANTS,

SAW MILL OWNERS,

AKD

GINERAL CONTRACTORS

TO

H.B.M. Naval and Military Authorities,

Bazaar at St. Andrew's Hall In aid of asile LTAVS always on hand large lock of

de la Sainte Enfance.

Wednesday, 21st December. Hoogkoog Philharmonic Society Concert,

Filday, 23rd December, Police Ball;

Saturday, 31st December. Concert at Club Germania.

HA

American Fir, Donglas, Fir, Oregon Pine, Teak, Yacal, Hardwoods, Oregon Spar, Ohinesa Spar, Obluese Pise of all descriptions,

Inspecilon Invited to the Yards.

Host Terms

Quick delivery.

LEUNG TAI,

Maunging Director, s

Giangiang, teth Tannaro, kovo

Sixty millions sterling is the capital on one side in the fight, forty millions on the other. The Standard Oil Company, a great American Trust, with Mr. Reckofaller, the rickest man la the world, at its head, controls the former amount; while the latter is the market value of and Transport Company of London, of which the concerns associated with the Shell Trading Sir Marcus Samuel is the chai man. In the are unrivalled In Hongkong for their. Wide and Choice Stock of JEWELLERY of every kind,

fight on the side of the latter are Messrs. Rothschild of Paris.

Although the Standard Trast hea for some time been engaged in attempting to defeat the competition if the oil interests in Mexico cɔn.

Refineries China Sugas remalo stendy at Brag with some inquiry for shares at slightly udder this fure and Lotons at $ z

Mielog-Raubs appear to be out of favour and are obtainable at $63. Chinese Engineer ng and Mining Company shares are in emnected with Lord Cowdray (Sit¬Wes'man- and at Tis. 16,

Docks, Wharves, and Godowas.—Hongkong and Whampoa Docks are in some regasst nd business has taken place at $5. Shanghai Docks are off ring at Tis: 70. Kowlson Wharves are again lower with shares offering at 551. Hongkew Whatves have advanced to Tis 961,

Lands are obralnable a: S.00. Humphreys have Lands, Hotels and Buildings. Hongkong weakened to $62. Kowloon Lands have been booked at $34, Shanghal Lands come lower and have been sold at Tis. tog and Tis. 100, Hongkong Botels are asked for at 593 while the new thares can be got at $ e. West Palets remain steady at $9

Pearsip) and has been fighting the oil authori 1i6s In Austria, its great contest is, and will be, with the "Shell.'

The operations of the Standard Company and the Shell Company come in contact at many Phints, and up till a few weeks ago there was an arrangement between them to dintain an equilibrium of prices..

That arrangement has now fallen to the oud. War to the koife has been declared. It will be waged not only in London and New York, but throughout Europe ant la Asip. While the Standard Trust in sending oil to spoil the market in the East Indian islands, where ile'r compellters are actually producing oil, the bell financiers have begun sending large consign's cats to America, and are selling Lit 11 a profit.

prai o the Lord Itcame just in the sick of time, As if the Lord had said, "You asked, for that hund ed, and you ought not to bave dropped to twenty-four." The ordinary sinner, la the same circumstances, would have isterpie ed the message thus you asked for a lot more that you actually needed; it would have been more grateful to have asked for £59, which sum would have covered the debt. You might re- member that you are mol saving all the sin ers for me, and that I have use for my money. gentry'are not able to live up to their expect. However, here is the £100. - I have parponely aliens in the matter of rais.ng their own funds kept you waiting in order that you might thi

for the finaceing of this undertaking. Unles bard before you again asked me for an exces- sive amount. The real meril of the tag the city is to suffer quite unnecessary re stems to be that, when asking the Lord for tatdation in its commercial, political and mossy, one should pray is a loud voice whilst strategic development a very early decision

rich and generous parishioner is la the vicin

must be made in regard to these railways, and ity. One can even imagine the prudent peli- tioner sending round one of the fishful 10 plech we can see no really satisfactory way in which the rich' parishioner bard if he seemed to be the situation c.a be met except-by-bold accept Electrics at 5.0. China Providenta ere cff.r. may be taken as their view of the situation :" dering,

▲ ROYAL ANECDOTE.

As Interesting incident in conection with ose of the Queen's motoring excursions in Scotland, bas just transpired. Queen Mary, accompanied by Lady Trifasts, Lid Rosebery, the Marquis de Soveral, and Sir Henny Legge, set out the other aftersaan to Doorottar Castle, the famous ruia in the vicinity of Stonehaven. The arrival at Dunnottar Castle was quite asex- pected, and when the aged custoslan heard tho bell ring he peeped over the batlemens and saw below a amati company of ladies and gen. tlemen, "Hae ye ony tickets?" He asked. "No," came the reply. "Then ye'li hao to pay sixpence, this piece," declared the worthy custodian, mech to the amusement of the dis- tinguished visitors. Fortunately, they were able to raise the necessary sum, although Lord Resabery may have recollected the OC- casion when he left his parse at an hotel, and was refused credit for 4d by an Aberdeen book- saller. "if ya canon pay the lowerponce ye cassa get the bookie, said the canny Aber- dopian.

BRIDGE.

ance on the part of Peking of foreign funds, Whatever the decision. it cannot now be longer delayed-Net onil Review,

FOOTBALL.

DOC, ts: R.A.M.C.

An interesting scratch game was g'ayed ba. tween-representatives of the above teams. Io the opening stage of the game the Boys scored ooo point and later on increased the core by another. The Military men tried several times to equalize but nothing texulted. The game thus coded in a win for the B.O.C. by two goals to nit.

LEAGUE MATCH.

The Police team and the 83rd Co., R.G.A played their League Match yesterday after. noon on the Military ground. The game was a ove-sided affir ard' resulted in a win fer the Royal Canizon Artlilery by the formidable margle of i'x goala to mil. "

Bridge says an enslaved enthusiast, saves Society free much cruel gossip. Yea but it

The Police term bas improved considerably doesn't save that chump.of a partner from your few well-chosen words at the end of the rabbar, and should make a good team with more

practice,

Cotton Mills-Horgkong Cotto is are in. quired for at $4 but there are no sellers at present. All Northern Mills shares are lower.

The Shell group, which loclades the Royal Ewos are quoted at $874, Laou Kung Mows at Dutch Company and the Aslaile Company, Tis. 481 and 83y Chees at Tls. 250.

claim that the lacreasing popularity of their Miscel'arcous-China Borpess are firm at

petrol kas brought matters to a calsis. This

Sto. Daly Farms at $r; and Hongkong

ing at 174, Cements at 9.4. Reĝis at $.8 and Watsons at 56 China Lights have been told

at go cests.

Exchange.The Bank's drawing rate op London is 1/10 5/16 on demand and the T/T rate os Shanghai is Tir. 73)..

FREIGHT MARKET. Messrs. Lamko and Rogge state in their fortnightly freight clecal r:-

During the period elapsed since writing our Tast Circolar shipping business generally bas exhibited very littlo lifa indeed. At the close operations to most directions are at a deadlock as fr as the Sonth is concamed, whilst the North rep me that fieights bave continued to improve, there being a good inquiry for ton page in varionu d'rections and for the las being the demand considerably exceedlog.the supply. As to the outlook for the dear future, all will depend upon the development of the Yangtres business, if this source should giva away we ate afraid that owners will have to con- tend-as is usual at this time of the year-with at least a couple of doll months 19 come,-

of

In the patrol trade of Europa the proportion

SENNET FRERES

ORNAMENTS, OUT GLASS WARES, &c.

CALL AND SELECT XMAS AND NEW YEAR

"PRESENTS.

For variety and beauty our stock this yaar is unsurpassable,

Hongkong Hotel Buildings.

IT PAYS BEST

IN THE LONG RUN TO GO TO

(712

KUHN AND KOMOR who have experience and expert knowledge,

Standard's 35. But the Standard does perhaps

the Shell-business is 65 per cent, to the of

65 per cent, of the total kerosene-distributing

If you want to buy

CURIOS THAT ARE THE REAL THING

and not shoddy imitations visit KUAN AND KUMOR'S STORE, Hotel Buildings, Hongkong. Estab'ished 1867,

THE FAMOUS

[719

CHIEF WHIP" CIGARETTES.

We have just received a fresh consignment.

these Fino Virginian Cigarettes from Eng-

business. It approached the Shell Company land. They are rapidly attaining a popularity. with a proposal that the latter should hand over 25 per cent. This was refused. The

Shell and Royal Dutch Companies have now that is unapproached by any other Cigarettes

made themselvos solo proprietors of the Sum- atron oil,

The attacks of the Trast aro said to be mani. fested in various directions, It har lowered pilces to the East India marksis to a rate which gives, it is alleged, no return for the oil it is shipping.

o counteract the development of the ollfields in Egypt it has greatly lowered the price of kerosene thero, The Shell and Royal Datch Companies, on the other hand, hava disposed of 50 000 tons of petrol for the Ubited States at pricca 50 per cent. above those which the Standard is realising in Europe. They do not, therefore, fear competition.

Meanwhile oil shares are falling rapidly on the Stock Exchange; and the pilea of peizol In England has dropped 3jd a gallon and may be expected to go very much lower...

on the Market.

50 cents per tin of 50.-

Order early from

H. PRICE & CO., LTD.,

12, Queen's Road [Central,

HONGKONG.

#Heggkeyri nath Navamban, text,

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