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WELSH COALFIELD.

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WELSH COALFIELD. Exploiting by French Syndicate. SIX CARDIFF AND SWANSEA PROPERTIES TO BE BOUGHT. A message from the Central News this morn- ing says:—An influential French syndicate, headed by M. Jessel and M. A. F. Liffens, of the Agence tIes Actionnaires Francaise, and consisting of eome wealthy Parisian financiers, are contemplating the purchase of six large colliery properties around Cardiff and Swansea. With a view of ascertaining the extent and quality of the collieries, they have sent over M. Henri Charpenter, of Lile, a well-known French mining expert, who has during recent years executed some important commissions in Russia and elsewhere for the French Government, to conduct investigations and draw up a report. The future action of the syndicate with reference to the collieries will be guided solely by the engineer's report, but already favourable opinions as to the richness of the coal seams have been ex- pressed to those most intimately concerned. The engineer arrived in Wales this week, and his stay will probably extend over the next and the following weeks. M. Charpenter is at present in Swansea conducting his inquiries. The names of the collieries which it is pro- posed to purchase are withheld. It was stated authoritatively to-day to an Evening Express" representative that the principal object the syndicate had in view was the exportation of the coal to France. "No doubt," said M. Liffens, "if we purchased the collieries we might put some of the coal on the English market, but, as there is always a great demand for all kinds of Welsh coal in France, it is most probable we should send the greater part of the output of these collieries across the Channel. Of course, the matter has not been considered at all, and no details will be settled until we have the engineer's report before us."

-SMALL-POX SCOURGE.I

MUNICIPAL TRADING.

AMERICAN RIFLE TEAM

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