The Hongkong Telegraph of the 6th instant has the following short leading article:—* Rumours have been current in the colony for the past few days that the Compagnie Frangaise des Charbonnages clu was badly in want of money, briquette or patent fuel factory in and also for various works at y. It was further rumoured that there was considerable difficulty in raisin the mutey, even on an admittedly ann enterprise like this, It was even stated that the Company would have to stop work entirely. We are ina position to state that these Tumours are very greatly exaggerated, the fact is that the shortness: of money in the Colony has necessitated the reconstruction of the Company in order to raise the small amount required. The reconstruction is now practically an assured faci, being indeed ne good as settled. Money is forthcoming to carry on the work, and buy out all the existing rights
Text read from the printed page and cleaned; old type leaves the occasional error.