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“...ical Table&c....................92
NOTIFICATIONS
H. B M. Supreme Court.
H. B M. Supreme Court.
THE BANKRUPTCY ACT 1861.
Shanghai, 22wcZ February, 1867.
HERE AS a petition for adjudication of Bankrupt-
cy was on the 18th day of February 1867 filed
in Her Britannic Majesty’s Supreme Court for China
and Japan at Shanghai by Kenneth Ross Mackenzie
lately carrying on business as a Merchant at Shanghai
aforesaid under which he has been adjudged Bankrupt,
Notice is hereby given Kenneth Ross Mackenzie that
he is hereby required to surrender to Charles Wycliffe
Goodwin, Esq., Assistant Judge of the Supreme Court
aforesaid at the first meeting of creditors to be held be-
fore the said Assistant Judge on Monday the 14th day
of March proximo at 11 o’clock in the forenoon pre-
cisely at the Supreme Court aforesaid and also to the
Court at the public sitting to be appointed by the Court
for the said bankrupt to pass his last examination, of
which sitting due notice will be given. At the first
meeting...”
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“...SUPREME COURT & CONSULAR GAZETTE.
United Stateds Consulate General. NOTICES OF FIRMS.
Upon reading and application, it was ordered that a meeting of Creditors be called at this Consulate Gen- eral, on Wednesday, the 27 th day of February instant, at 10 A.M. WILLIE P. MANGUM, 17. >5’. Vice Consul General. NOTICE. T have this day authorized Mr. Jacob Elias Sassoon, JL Mr. Soloman Ezekiel and Mr. Abraham David Ezekiel to open Branch Firms for me in Hongkong and Shanghai, under the name and style of E. D. Sassoon & Co., in which Firm they are all admitted Partners. E. D. SASSOON. Bombay, January 10th, 1867.
British Consulate Tientsin.
NOTIFICATION No. 32. H. B. M. Consulate, Tientsin, 21s£ December, 1866. A LL persons indebted to the estate of the late Henry North, formerly in the employ of the Chinese Customs, are requested to make immediate payment to the undersigned ; and all persons having claims against the said estate, are requested to send in proof of the same on or before the 31s£...”
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“...February ZSrd 1867.
SUPREME COURT & CONSULAR GAZETTE.
83
It is reqiiested that only such communications as relate to
Editorial matters be addressed to the Editor, and that they
be sent not later than Friday.
Advertisements will be received till 10 a.m. on, Saturday.
No communications can be noticed unless accompanied by
the name of the writer.
Supreme (ftonrl anil Consular ^ajette
Shanghai, February 23rd, 1867.
In our last number we noticed some of the more
general considerations with reference to the com-
petition which characterises trade as at present
conducted; and we purpose on this occasion, to
cast a rapid glance over the system of Banking
now in force, and to note how far competition
has influenced its nature and bearing. It is
needless to point out the important relation in
which Banking stands to almost all jcommercial
operations. Scarcely any transaction, from the
purchase of the everyday necessaries of life to
the management of the national debt, is unaffect-
ed either directly...”
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“...84
SUPREME COURT & CONSULAR GAZETTE.
February 23rd 1867.
a blessing to Society, to become but tlie means
by which thousands have been ruined.
If this competition is to be upheld as an ad-
vantageous system, surely some one must have
been benefited while so many have been ruined ;
and if we confine our view to the China trade—
and we doubt not the working of the principle is
similar in other places—can there be a question
to whom the money which, £10 by £10, has
been invested by the industrial classes at home,
has gone; or that it is the Chinese’ trader, wily
and cautious, though he “ has not yet learnt the
benefits of free and open competition,” who has
pocketed the money, which we have lost accord-
ing to the most enlightened commercial prin-
ciples ? We are, as previously stated, aware of
the answer, that what the public at home Lave
lost in this way they have gained in cheap teas
and silks, and in higher prices paid for their own
manufactures. But it is a poor consolation to a
ruined...”
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“...86
SUPREME COURT & CONSU1AR GAZETTE.
February ZZrd 1867-
him to write again. I think it was after this that he
shewed me a sample of fuses which he had in hia office,
and asked me if I did not think I could have some
made. I took the fuses and found that the lowest price
at which I could get them made was Tls. 5 each. We
both concluded that it was too much and w’aited till
the next steamer from Japan came in. On Dec. 23rd
Mr. Fajard came round to my house and asked what
he was to do about the draft as it was due that day
and he had no money to pay it. I told him that I was
sorry, but that if the battery had arrived complete it
would have been paid for long ago, as the Chinese of-
ficials would have taken delivery of it. He at last in-
formed me that if I did not assist him with a little
money he would have to’lfail. I then told him that if a
fewjjthousand taels would help him I would let him
have them, that he was keeping me out of the profit I
expected to make. He returned in the afternoon...”
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“...February VSrd 1867.
SUPREME COURT & CONSULAR GAZETTE.
87
The Committee, differing somewhat from views you
have expressed, consider moreover, that the Native
Hongs are readily able to discriminate between the
various capacities in which the Compradores of Foreign
Houses conduct their dealings, and believe that they
confuse them, for the most part, only when it suits
the occasion to do so. It is almost needless to remark
that while the foreigner is seldom in a position to dis-
scover or to treat with the real owners of produce, or
purchasers of Imports, the native principal in a Com-
mercial transaction has it always in his power to come
forward and avow his interest. In the opinion of the
Committee the remedy for the evils to which the
Toautai draws your attention is to be formed in the
adoption of a more liberal policy by the principal
traders among his own countrymen, who have hither-
to kept themselves studiously in the back-ground
under the influence of the instincts and principles of...”
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“...88
SUPREME COURT & CONSULAR GAZETTE.
February 2&rd 1867.
not, in the slightest -degree, go beyond Sir Fredrick
Bruce’s recommendations. Under these circumstances,
I think it will be apparent to you that nothing further
can be done at present to advance the object in view,
by H. M.’s Minister here. The real difficulties in the
way of any prompt action by the Chinese Government,
are such that only time and gradual enlightenment
leading to progress can be counted upon for any change
It is not only that Chinese Ministers, during the mino-
rity of the Emperor, feel that they are exposed to
great danger by every innovation they sanction, but in
this particular question, they conceive there is addi-
tional peril from the possibility of new complications
arising by the interference of Foreign Powers, in the
event of lines in the interior being undertaken by For-
eign Capitalists and Engineers. Collisions -with the
people or dissentions with the Government, they con-
ceive might open a wide door...”
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“...February 23rd 1867.
SUPREME COURT & CONSULAR GAZETTE.
89
when she shortly afterwards again broke down and
Jmd'to be repaired. The total cost of repairs being
Tls. 12,000, and unavoidable expenses of the Steamer
some 18,00b more, so that by these casualties
alone the Company, had to face a loss of some-
thing like Tls. 60,000, exclusive of the services of
the Steamers. The loss of the Huquong had also
been highly detrimental although she had been
fortunately replaced on the river line by the Shanse,
but the services of the Shanse wete thereby lost on
the Tientsin line where it was intended she should
be placed. Notwithstanding these drawbacks the
business of the Company shewed a profit for the year
of Tls. 148,000 which was available for division
and appropriation Jo reserve.
The principal business which he had to bring
before the notice of the meeting was the purchase
of the Steamers from Messrs. Dent & Co. and
Messrs. Jardine, Matheson.& Co* This in strict-
ness should not have, been done...”
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“...90
SUPREME COURT & CONSULAR GAZETTE.
February 23rd 1867.
Res. TII.—That the action of the Directors in the
purchase for the Company of the steamer Plymouth
Pock is hereby approved and confirmed.
A similar resolution proposed by. Mr. Ower-
Aveg and seconded by Mr. Brand was passed with
^reference to the purchase of Dent & Co.’s steamers
and steamer premises, and of the Tahwah, namely:
Res. IV. —That the purchases by the agents on be-
half of the Company, of the steamers Fusi-yama and
7/irodo and of Messrs. Dent & Co.’sS steamer premises
and Dock, and of the steamer building in Glasgow
for Messrs. Jardine, Matheson & Co., and of the
steamer Tahwah are hereby accepted by the share-
holders together, with all the conditions and agree-
ments relating to said purchases, jxs set forth in the
Report of Directors.
Mr. Bryans then stated it would be necessary
for the Shareholders to authorise the Directors to
issue Promissory notes on behalf of the Company
for payment of the purchase money of the...”
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“...February T&rd 1867.
SUPREME COURT & CONSULAR GAZETTE.
91
During her voyage from Ningpo on the night of the
20th inst., the Szechuen came into violent collision
with the steamer Express, within a few miles of the
Ruggeds. The latter was cut down to the water’s
edge, and her fore compartment immediately filled. A
cry was raised that she was sinking, and the Szechuen
was requested to stay by her and prepare to receive
her 300 Chinese passengers. Boats were lowered to
effect this, but owing to the high sea it was considered
that the transhipping would be attended with serious
risk, as each passenger shewed so great disinclin ation
to be parted from his baggage that it would have been
necessary to use force to have got them into the boats
without their boxes. The two Captains accordingly
decided to run for Pirates’ Bay, where the Express
could be beached. This was safely accomplished ; and
at daylight yesterday morning the transhipment of the
passengers and baggage to the Szechuen was commenced...”
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“...92
SUPREME COURT & CONSULAR GAZETTE.
February 23rd 1867.
Chinese language. The conduct tof the unfortunate
gentleman previous to the occurrence is such as to
leave no doubt of his, having labored under a fit of tem-
porary insanity when he shot himself ; and a verdict
was returned to that effect at the inquest.
Small pox is stated to be very prevalent among the
native population ; and to be unusually fatal.
Among the. passengers per Alphde is H. H. To-
KOUNGAWA Mimbou-taio Dono, a younger brother of
the Tycoon, and adopted by Shimadzu, a prince of
the Gosankio families, en route for Europe to represent
the Tycoon at the Paris Exhibition. He is accom-
panied by a Minister of very high rank, who will act
as his Governor. Twenty-two officers and a number/
of servants are in attendance on the Prince.
The Municipal Council have resolved to apply to the
Consular body for full information respecting the
streets which have been approved, and are prepared to
commence laying them out at once.
COMMERCIAL...”
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“...SUPREME COURT & CONSULAR GAZETTE.
LATEST QUOTATIONS.
Shanghai, February 23rd, 1867.
T.m.c. T.m.c.
Grey Shirtings—64 Catty, ...... 2.4.5 a 2.5.0
,, for arrival,.................
,, 64 Catty, on spot........... 2.6.5 a 2.7.0
,, for arrival,.................. .. .
White Do. 64 Reed,.................. 2.5.5 a 2.6.5
7t-Cloths—54 Catty,................. 2.1.5
Long Ells—HH Scarlet,............... 7.6.0
,, Assorted,............... 7.2.0
„ CPII. Scarlet,.......... 7.5.0
,, Assorted,............... 7.1.0
Spanish Stripes—Elephant,........... 0.7.0
,, Tiger,............ 0.7.5
Camlets—SS......................... 14.5.0
,, SSS........................ 13.5.0
Lead,............................ 5.2.0
Iron—Nail Rod,................... 2.5.5
,, Bar,.......................
Opium—Malwa,................... 580 a 582
New Patna,................. 465
Old ,, 450 a 452
Cotton—Tientsin Raw, 15.5.0. S’hai none :
EXCHANGE
On London.—Bank 4m/s. 5s. lid. per Tael
Credits, 4m/s. 5s. llfd. ' ,,
Bills with doct., 4m/s...”
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“...SUPREME COURT & CONSULAR GAZETTE.
IN HER BRITANNIC MAJESTY’S SUPREME COURT FOR CHINA AND JAPAN
Name of Deceased. NOTICE Date of Death. OF DEATH. Residence. Date of Notice.
Robert Muirhead Reddie 1865 12th August, Shanghai 1865 7th September,
Jame Christie 9th September, Thos. Hunt & Co.’s S’hai ’. 9th
John Mackinnon 3rd General Hospital S’hai. 9th ,,
—Bigg 9th Shanghai J > 11th
Susan Martin 9th ,, 12th
Janies Cuthbertson 21st ,, J5 13th
Nathan Tayler 13th September, 15th
John Tall entire 15th 5 5 Schr. Waterlily Shanghai 15th
Thomas Edward Jenkins 17th ,, 18th
William Maxwell 18th „ General Hospital S’hai 19th
Charles Campbell 26th Shanghai 26th
John Filleul 21st 22nd- ,,
H. Atwell 22nd ,, 22nd ,,
Nichol Latimer 28th 5 J 28th
Alexander George Henry 16th ,, 5 5 A lice Shanghai 29th 26th October,
Nixon 25th October,
W. Thompson, 25th B. B. Seaton Shanghai 26th
Robert Sampson, 26th B. B. Elizabeth 26th ,,
H. H. Wiggins, 27th ,, Shanghai, 30th
Walter Schoole, Uth November, 13th...”
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