The Oriental Bank has formally applied for a winding-up.
[We give the above telegram as to the New Oriental Bank as it has been supplied to us, but it should probably Teed thet & winding-up order lis beet applied for by some creditor, not the Directors of the Bank. The acting manager here, Mr. Fraser, received on Tuesday afternoon a reassuring telegram, in which it was stated that the Bank's assets were estimated to pay 20s. in the £, though Sicawei weather report, 10th June, 10 a.m,: Yesterday the barometer fell geuerally on the coast. At Shanghai and on the south coast light easterly and_northeasterly breezes prevailed; at Tientsin variable moderate winds from the sou'h-east. This morning the barometer was still' high at Shanghai. Continuation of fine weather and the same breezes upon the coast,—11th June, 10 a.m,: Low baron metric pressure, with strong breezes and squally weather prevailed over the China Sea. The centre of high pressure was over Central China, The barometer continued to fall, but very slowly, xt Shanghai while it fell a little more quickly at. the other stations on the coast, Yesterday light breezes continued to blow upon the const, from the N.E. in the South, and from the south in the North. 'The barometer this morning was still high at Shanghai. The same winds on the coast wud fine weather at Shanghai, will probably continue,—Sunday, 12th June, 10 a.m.: 'The fall of the barometer, so far very gentle at Shanghai, began to' get very marked yesterday about noon; this morning it is already notably below the normal height. day the fall continued with com pidity in the N., but it slacked in the S., where light breezes from N.E, continued, Light and variable winds may be expected on the coast S.; at SI winds from it day the barometer continued there might be a loss ow liquidation; that to ly at Tientsin, and at 4 p.m. it is proposed to issue 5% preference stock to the extent. of 1,000,000 sterling, in it prood at 29.3) fell with equal rapidi-Fovchow. Moderate exchange for fixed deposits; that the bank to S.\W. prevailed over could resume business xt once if half of this the whole coast. This morning the baron ment to resume business was held out by were taken up and that every encourage: meter is very low at Shang! Probab); continuation of moderate S. winds, witl the Bank's creditors. It will, we are sure, great heat at Shanghai.—ldth June, 10 be generally-hoped that the Directors will m.: A centre of very low barometric getting this proposition accepted re existed yesterday and continued this morning over the Yellow Sea, The
Text read from the printed page and cleaned; old type leaves the occasional error.
