Total 8,080,375 excess.
The gross export being 53,437,000 Ibs. against 45,356,000, Messrs. Gordon Bros. cheve that, in spite of some considerable damage done by the floods, the cotton crop is on the whole likely to be agood A meeting of the creditors of the firm of Mackellar & Ca., who became bankrupt in June 1867, was held at the British Consulate on the 6th instant, at which a dividend of 4 % was declared, and Mr. Gordon, partner in the firm, applied for his unconditional discharge. The creditors?
Assignees handed round their accounts, which shewed that the total liabilities of the firm were over Tls. 420,000 and that the total assets had realised about Tis.
9000, of which nearly Tls. 6000 consisted of proceeds of furniture, stores and wines. The Assignees had, however, recovered a further sum of Tls. 20,000 by action at law, for preferential payments made by the bankrupts. According to the judgment of the Court, Mr. Gordon had to pay half of his earnings, less private expenses, for four years, to his creditors. He had paid in Mls. 4,516.56, and had debited the firm with Tls. 8,028.51 as private expenses.
The creditors protested against the latter amount as being excessive, and passed a resolution requesting the Consul to withhold Mr. Gordon's discharge until he had reduced the same to a reasonable sum, After considerable discussion, the Court suggested that the creditors should name an amount which they thought would be a fair monthly allowance, and they after due consideration said that they thought Tls. 125 per month would be an ample allowance. A resolution was passed requiring Mr. Gordon to pay the amount overcharged, before his discharge is handed to him. coat of tar and red paint, exposed for a day to the gaze of his countrymen. In another the thief was alarmed while axigling with a pole and hook from the window of room for the property inside; and ina third case a gentleman was robbed, during sleep, of his clothes, watch and safe keys. A. new steamer, the Kusho Maru, fitted for 450 passengers, has been put on the line between Hiogo and Osaka, by Messrs. E. C. Kirby &Co. Cricket has been resuscitated by the formation of the "Kobe Cricket Club," and matches are already being planned. The Japanese Government have prosecuted a British subject named Albert Morris for alleged issuing of forged sat, but the case was dismissed for want of evidence.
Morris made a statement to the effect that he had innocently received and issued the bad sat, and that he had made good those returned to him and destroyed the remainder.
Our Yoxouama Correspondent writes that the railway is making slow progress towards completion, though a trial trip has taken place over some three miles; and, #0 far as that went as evidence of all being right, it was successful. Apropos of the railway people thinking the salute from the Japanese fort—referred to in my last—was for them, our facetious friend Punch published the following slip:—Japan Punch Extra, (dia Japan Mail). In consequence of the unseemly derision of the community, the Engineer-in-chief has issued strict orders that, in future, no engine and tender with first class.carriago attached, is to permit itself to be saluted by the fort at Kanagawa." A somewhat cleverly written parody on the "Battle of Dorking has been published by the Herald, yelept 'The Battle of the Bh in it is shown how the loafers' of California, China and Japan take Yokohama. Tt is a well deserved skit on the disgraceful state of municipal matters here.
Through America, news of the death of Dr. Dunwoodie, R. N., for some time in charge of the British Naval Hospital here, has reached us.—The P. M.S. S. Ca. has resumed the nel's monthly trip to Hakodadi—H. M.S. Hornet has sailed for Nagasaki.—Mr. Lawrence from the Washington Legation has joined the British Legation here as second secretary, that post being vacant through Mr. Mitford's trans-terral to St. Petersburg.—The Colorado has gone into dock at Yokoska, The following ships-of-war are in harbour. English—Barossa, Salamis; French—Alma, Segond, Linois; American—Idaho.
'A meeting of the Union Insurance Company 1871-73 was held at HoxcKoxc on the 29th Sept. The accounts for the first six months of the term, to the 30th June last, show a balance in hand of $197,000, besides the paid up capital of $249,000. The losses during that period have been $56,000. It was stated, with reference of the term 1868-70, that, after laying aside $40,000 to meet all possible claims, there would remain a further balance of $80,000 for distribution. Anxiety is feet concerning the fate of the Helen Black, than Messré.' Macpherson and Luzon it Robberies by natives seem to be getting which left Hongkong for Foochow on the would have been difficult to selves, if we had had our choice. numerous at Hioco. Tu one ease the cul-brit was caught and, after adornment with '30th August and has not since been heard
Text read from the printed page and cleaned; old type leaves the occasional error.