Wo learn that the Maharajah of Johore has presented five cups to the Shanghai Rowing Club for the forthcoming Regatta. The ca valued at $25 each.
On Wednesday afternoon last a fire broke outata house in the French Concession and neat the East Gate, but the prompt the French police prevented any serious damiago, The fire originated in the chimney of the house, There were aald by public auction yesterday afternoon three pieces of land on the French Concession, belonging to the estate of the late Mr. J. S. Baron. Lot number 101, measuring 3m. Of. 91. 2h. and bounded on the North by the Rue clu Consular, was purchased by Mr. Seisson for Tls. 14,500. Another piece of ground part of the same lot and containing 3m. 1f. 41. Oh. was purchased byMr. A. G.'T. CumineforTls. 9,000. Lot 128, bounded on the North by the Rue clu Consular and measuring Im. 2f. 31. Bh, fell to Mr. G. J. Morrison for Tls. 5,500. For lot 175, bounded on the North by the Rue clu Consular and measuring 4m. 3f. 21. and 55h. Ts. 13,500 were offered, but the reserve price not being reached, the lot was withdrawn.
Mr. E. W. Rice has sold by auction the hull of the Flodden for Tls. 1,400.
Of what punishment shall a man be thought worthy—be he washerman, coolie, or boy—who steals a shirt? Here in Shanghai, such delinquent might possibly escape with a cut" of his wages, supposing his master to be leniently inclined, or at the worst a trifling punishment inflicted by the paternal magistrate of the Mixed court. Not ao an Imperial eunuch. One of these august though unfortunate beings
of stealing eight shirts belonging to His igs lately committed the roadul sacrilege Majesty the Emperor. Ho was condemned by_a tribunal consisting of several Boards and Courts to be summarily decapitated, butte Emperor has ously pleased to commute the rh-per to one of imprisonment for life The Hwaiyuen has shipped for C: 296 cases of cannon, rifles, ammuni and gun carriages. Th canton are six in number and are Krupp's make. The rifles eral kinda, some being breech-ser carbines and others obsolete muzzle-loaders by different manufacturer w guns of English make, but the only useful ones are the Meusors.
Two Chinese Banks, known as Sun Tai and Tai Loi,—both principally owned by suspended payment with jlities estimated, the former at Taels 70,000, and the latter at Taels 70,000 to 80,000. They are both understood to ha been engaged in speculative transactions Tent money on native mining and other shares which have no appreciable value at present, if they over bad a The manager of one of understood to have disappeares dealer who is the chief partner in these banks was formerly a very wealthy man, "chop" sill 'a high reputation here and in Europe, it is known that he has lost heavily business descended to him from Other Chi day to be in difficulties like suspension took place in one case, but we understand that assistance will be and creditors paid in fall as the business is wound up. The greatest distrust pr yesterday in the Chinese money market, 4nd although interest was quoted all day at from 3 mace to 3.5, per diem, there was no business doing, and anyone inclined to Jend would probably have found no diffienlty in obtaining much higher rates. It is considered likely by some foreigners and Chinese that strong efforts will be used to support the native banks that are weak aire assistance, and that further suspensions may be prevented at present at all events. But on the other hand, a great deal of the capital on which the chit Banks here have been working has been supplied to them by Shansi bankers, and there was some fear expressed yesterday that these might become alarmed and call up their loans or deposit If they should do so, the stock of money now in Shanghai would be quite insufficient to pay off the Shansi of j men and most of th Chinese banks would be obliged tosuccumb. Native bankers of all kinds have, however, always supported the oredit of their craft with foreigners as far as possible, and they know very well that anything like a general collapse among the local concerns would probably have the effect of introducing such changes in stem on which business has been done here since the open it yuld prove most detriment interests of the Chinese in the north of China. We feel somewhat justified, th fore, in anticipating that Chinese capitalists will'do what they can to support the local native banks.
The Report of the North-China Insurance Ca., which is published on another column should be very acceptable to the shareholders. Notwithstanding the depression in trade, the premium for first six months of this year fall very little short-of that for the period in 1882. And although jes and claims paid this Inst aix months exceed those in the same time in the previous year, the silence of the report as to losses registered since the 30th of Tune is satisfactory.
The postal service between here and Peking is not quite so perfect as it might We mentioned some time ago how a lotter had taken three months to reach us Another instance has hich a letter sent from ing only the other day, simultaneously with one written ks Inter. These are only two nut of many. We scarcely think the floods 0 to blame for this delay.
A torious collision occurred on Thursday morning last at about half-past three o'clock, between the Yangisze, outward bound for Hongkong, and the Kiangteen, from Ningpo, The acone of the collision was between the Inner Lightship and the Little Beacon, about one mile below the latter. The weather was fine and clear, and the tide was flood. ° There was o proper look-out kept by both v which, when firat sighted, were about five mites apart, and the accident happened through one' of the jes giving orders with regard to the Im, As we have boon asked by bot! sides not to publish the circumstances which led to the collision, we refrain from doing 80, and imply the damage that was done. he vest ight angles, the Kiangteen receiving a terrific blow on her port bow about couple of feot abaft the stem, being struck on the hawse-pipe, which was shattered to jects. The upper part of the Kiangteen in ood, and overhangs the iron hull, and as the Yangtsze has a fiddle. jaded stem; the hull of the Kivngteen
some of the plates are cracked above the Tine was not seriously damaged, though water and there is a hole in the port bow. The wood-work was smashed like matchwood, the damage extended to ig the starboard side, a hole about five feet square being made. The port cat-head and anchor-davit, the steering ball and ata were torn out bodily, while the deck of the forecastle as far as the force-pump was forced out of place, there being a gap in this deck on the port side of about four feot, and about a foot on the starboard si Down in the forecastle, the bunks an d-work were smashed to splinters, and great wonder that no accident pened to life or limb, as seven or eight men were asleep, when the collision occur red, in their bunks, which are arranged along the port The look-out man called out to the sleeping firemen to come on deck as there was going to be collision, and they had. just time to escape. Had it not been for the col bulk-head it is probable that the water would have leaked into the hold. Yangtszeis seriously injured about the bow: more especially on her and her Captain deemed it Shanghai. We believe have been surveyed the matter will mitted to arbitration, The Kiangpiaw take the Kiangteen's place on the Bhanghaie Ningpo line,
Text read from the printed page and cleaned; old type leaves the occasional error.