60
THE HONGKONG GOVERNMENT GAZETTE, 3RD FEBRUARY, 1894.
HONGKONG & SHANGHAI BANKING
CORPORATION.
FIFTY-SEVENTH
REPORT OF THE COURT OF DIRECTORS
TO THE
ORDINARY HALF-YEARLY GENERAL MEETING
OF
SHAREHOLDERS
TO BE HELD
AT THE CITY HALL, HONGKONG,
On Saturday, the 17th February, 1894,
AT NOON.
To the Proprietors of the
HONGKONG & SHANGHAI BANKING CORPORATION.
GENTLEMEN,
The Directors have now to submit to you a General Statement of the affairs of the Bank, and Balance Sheet for the half-year ending 31st December, 1893.
The net profits for that period, including $119,280.16, balance brought forward from last account, after paying all charges, deducting interest paid and due, and making provision for bad and doubtful accounts, amount to $1,236,401.94.
The Directors recommend the transfer of $300,000 from the Profit and Loss Account to credit of the Reserve Fund, which Fund will then stand at $4,200,000. They also recom- mend writing off Bank Premises account the sum of $100,000.
After making these transfers and deducting Remuneration to Directors there remains for appropriation $826,401.94 out of which the Directors recommend a Dividend of One Pound per Share, which will absorb $355,555.55.
The difference in Exchange between 4/6, the rate at which the Dividend is declared, and 23, the rate of the day, amounts to $355,555.56.
The Balance $115,290.83 to be carried to New Profit and Loss Account.
DIRECTORS.
Mr. C. J. HOLLIDAY has been appointed Chairman for the year 1891, and Mr. J. S. MOSES Deputy-Chairman.
Mr. J. S. MOSES, Mr. CARL JANTZEN and Mr. JULIUS KRAMER retire in rotation and being eligible for re-election offer themselves accordingly.
Mr. R. M. GRAY has been invited to join the Board; all these appointments require to be confirmed at this meeting.
AUDITORS.
The accounts have been audited by Mr. F. HENDERSON, Mr. A. G. WOOD and Mr. S. G. BIRD, who offer themselves for re-election.
Cash,
ASSETS.
.$18,014,254.50
Bullion in Hand and in Transit........ 3,714,347.91 INVESTMENTS, viz.:-
£100,000.0.0 23 per cent. Consols. £150,000.00 3 per cent. Indian
Govt. Stg. Loan. The above lodged
with the Bank of England as a Spe- cial London Re- serve, $1,900,000.00
•
NOW ON SALE.
CHINESE
DICTIONARY
IN THE
CANTONESE DIALECT,
BY
DR. E. J. EITEL.
CROWN OCTAVO, FF. 1018.
Part I.
HONGKONG, 1877-1883. A-K,.
82.00
£597,540.0.0 Consols and other Sterling Securities.........
Part II. K-M,
.$2.50
Part III. M-T
$3.00
5.311,466.67
7.211.466.67
Part IV, T-Y,
..$3.50
Bills Discounted, Loans and Credits, 40,626,957.64
Bills Receivable,
Bank Premises, Dead Stock,..
63,083.526.29 1,282,588.96 161.093.64
$183,994, 85.60
PROFIT AND LOSS ACCOUNT, HONGKONG & SHANGHAI BANKING CORPORATION,
Dr.
B1st December, 1893.
To AMOUNTS WRITTEN OFF:-
Remuneration to Directors.......
*
DIVIDEND ACCOUNT:-
£1
Share on 80,000 Shares per £80,000 at 4;6,......
DIVIDEND ADJUSTMENT AC-
COUNT:-
Difference in Exchange between 4/6, the rate at which the Dividend is declared, and 28, the rate of the day,...
$
I0,000.00
355,055.55
This Standard Work on the Chinese Language, constructed on the basis of Kanghi's Imperial Dictionary, contains all Chinese characters of practical use, and while alphabetically arranged according to the sounds of the oldest dialect in China, the Cantonese, it gives also the Mandarin pronunciation of all characters explained in the book, so that its usefulness is by no means con- fined to the Cantonese Dialect,but the work is a practically complete Thesaurus of the whole Written Language of China, ancient and modern, as used all over the Empire, whilst its intro- ductory chapters serve the purposes of a philo- Jazical guide to the student.
A Supplement, arranged for being bound and used by itself, and containing a List of the Radicals, an Index, and a List of Surnames, will he published and sold separately.
LANE, CRAWFORD & Co.
Hongkong, 15th January, 1883.
FOR SALE.
GIE CITIES AND TOWNS OF CHINA
A Dictionary of Reference,
355,555 56
"
TRANSFER TO RESERVE
FUND,
THE
300,000.00
91
TRANSFER. TO BANK PRE-
MISES ACCOUNT,
100,000.00
11
BALANCE carried forward to
next half-year,
115,290.83
Apply to
$1,236,401.94
C1",
By Balance of Undivided
་་
Profits, 30th June, 1893, Amount of Net Profits for the Six Months ending 31st Decem- ber, 1893, after making provision for bad and doubtful debis, de- ducting all Expenses and Interest paid and due,
$ 119,280.16
.1,117,121.78
$1,236,401.94
$1,236,401.94
By
G. M. H. PLAYFAIR.
Price-$3.00 per Copy, bound.
Messrs. NORONHA & Co.
"
LANE, CRAWFORD & Co.
KELLY & WALSH.
Hongkong, 27th January, 1880.
NORONHA & Co.,
PRINTERS, PUBLISHERS & STATIONERS, and
Printers to the Government of Hongkong. Nos. 5, 7 & 9, ZETLAND STREET, HONGKONG.
ESTABLISHED, 1844.
Letter-Press Printing, Copper-Plate Printing.
Play-bills, Hand-bills, Programmes,
Pusters, $e., &c.,
neatly printed in coloured ink.
H. HOPPIUS, Chairman.
RESERVE FUND.
To Balance,......
$4,200,000.00
Hongkong, 3rd February, 1894,
ABSTRACT OF ASSETS AND LIABILITIES,
HONGKONG & SHANGHAT BANKING
CORPORATION,
31st December, 1893.
19
By Balance, 30th June. 1898,.
Transfer from Profit and Loss
Account,...
$8,900,000.00
300,000.00
$4,200,000.00
((
T. JACKSON, Chief Manager.
THE
HONGKONG GOVERNMENT GAZETTE."
SUBSCRIPTION:
LIABILITIES.
Paid-up Capital,
Reserve Fund,
Marine Insurance Account,
Notes in Circulation,..............
Silver......$59,343,306,41
Deposits, Sterling,
£3,415,992.2.5--30,364,374.40
Bills Payable (including Drafts on London Bankers and Short Sight Drawings ell London Office against Bills Receivable and Bul- lion Shipments)....... Profit and Loss Account,
$10,000,000.00 3,900,000.00 250,000.00 9,761,110 76
89,707,680.81
19,188,992.09 1,236,401.9+
$133,994,185.60
H. HUNTER, Chief Accountant.
H. HOPPIUS,
CHAS, J. HOLLIDAY, Directors. J. S. MOSES,
We have compared the above Statement with the Books. Vouchers and Securities at the Head Office, and with the Returns from the various Branches and Agencies, and have found the same to be correct.
F. HENDERSON, A. G. WOOD, S. G. BIRD,
Hongkong, 3rd February, 1894.
Auditors.
Per samum, (payable in advance),.
(do.), (do.),
Half year.
Three maths,
For lines and under,
Each additional line,.
Terms of Advertising:
.$12.00
7.00
4.00
$1.00-
$0.20,
$1.00
for 1st insertion.
In Chinese--for 25 cha-
racters and nuder, Each additional character, 4e. Repetitions, Half price.
Unless otherwise ordered, all advertisements will be repeated until counteraanded.
Advertisements tended for insertion should be sent in not later than 3 P.M. on Saturdays.
Printed and Published by NORONHA & Co., Printers to the Hongkong Government.