Hongkong, Nov. 26.
The recent military change in Canton has very little effect on the trade outlook in Hongkong.* The biggest contract made by the military authorities through General Li Chi-hsin(locally known as Li Eh sum), who is now replaced by Generals Chang Fa-kuei and Husang, Chi-hsiang, is stated to be with a Tocal shipbuilding concern for the construction of eight gunboats of the Tatest design and armed with guns to be supplied by a certain foreign country. About $1,000,000 Hongkong currency has been paid fas the first instalment. The new Commissioner of Military Affairs, General Chu Hui-yat, has found that there is still $700,000 ready for final payment. Constructions of these gunboats, it is understood, are now still going on, and apparently they will be delivered to the preterit authorities upon completion,
Text read from the printed page and cleaned; old type leaves the occasional error.