and C&C. GAZETT '#.—Per Annum, Taels 12; Six Months, Taels 6.50.
Three Month—ail payable in ad vance. Credit price, Ts. 13.15 per Annam Subscriptions will be considered as renewed unless notice to the contrary be given before the expiry of the current term, 29 Pre returns of trade for the first quar ter of 1889 shew an unpleasantly marked reaction from the prosperity that we have been recording in our notices of the last annual gazette. At this time last year, when examining the returns for the first quarter of 1888, we had the satisfaction of saying that of the nineteen Chinese treaty ports only five shewed a falling off, while fourteen gave a larger revenue than in 1887; this year the conditions are reversed; five ports, tientsin, Ichag, Hankow, Wenchow, 638 and 1 sui did w little better this year than in 1888; the other fourteen shew considerable deficits, the following being the comparative figures; and it will be seen that the depression extends to one of the two southern stations, which are ports, but not treaty ports. The total deficit is no less a sum than T's. 577,777, or about 12} per cent.
Text read from the printed page and cleaned; old type leaves the occasional error.