The Arsenal of Shanghai has received orders from the Ministry of War to manufacture guns on new pattern 4s shown on a sketch enclosed. It is also ordered to make four gatling guns within a certain time. In case new nery should be required or any material is wanting for the manufacture of these new guns permis-jon is given to the director of the Arsenal to report to the Ministry.
Travelling Huchao.
Mr. Yang Tcheng, Special Envoy of Foreign Affairs in Shanghai, has drawn up four rules, regulating the issue of the "Huchso" or certificate to Chinese travellers going to foreign countries, The rules are:—(1) Applicant for "Huchao" must submit s photograph two inch long, from furnishing " guar-antes by a shop, when the "Hu-chao" will be issued to him at once.
(3) Applicant shall be escorted to the Registry by the usher, and the "Huchao" shall be made out and given him by the Deputy Wang.
(3) Beside fixing a stamp, no tee at all is required, (4) Applicant must give name of hia native town and his age.
Mar. 2.
A Good Year for Chinese Banks.
Owing to the incidence of the war in Europe, some degree of prosper-
and commeroit ig business met in China during the past year. Ality characterized the business world
most every dose: n of industrial with unusual success, especially firms established in open ports. At the end of last year, the working result of the large Chinese banks was most satisfactory. The profit they made had never been surpassed. Even newly-established banks, such as the Hsin Hua Savings Bank, the Salt Business Bank, ete., made each a net profit of several lakhs, whilst the net profit of two Government Banks, namely, the Bank of China and the Bank of Communications, exceeded three million dollars each, " remarkable achievement. The former has declared a dividend of 14 per cent. to be paid to its private shareholders on and after March 10. But the The Lifayuan in May.
Instead of summoning the Lifayuan to meet on September 1, which date is generally considered to be too late, 8 Mandate is issued fixing the date as May 1. Another very lengthy Mandate just issued assures the nation of the President's earnest and true desire to introduce a system of constitutional government. latter, which is a concern run more "ial than official lines, and idend has usually been paid in the month of May, will have to wait till the decision of the Board of Directors it can declare a di further, proposing, to transfer portion of ite net profit to form a reserve fund.
Text read from the printed page and cleaned; old type leaves the occasional error.