78
THE HONGKONG GOVERNMENT GAZETTE, 16TH FEBRUARY, 1884.
Chinese Imperial Government HONGKONG & SHANGHAI BANKING
Eight per cent. Loan 1878.
TENTH DRAWING.
OTICE IS IIEREDY GIVEN, that, in con-
formity with the stipulation contained in the Bonds of this Loan, the following Numbers of Bonds to be paid off at par, at the Offices of the HONGKONG AND SHANGHAI BANKING CORPORATION, in Ilongkong and Shanghai, on the 14th day of February, 1884, when the Interest thereon will cease to be payable, were this day Drawn at the Office of the said Corporation in Hongkong in the presence of GEORGE ROBERT JOHNSTON, Chief Accountant of the said Corpo- ration, and of the undersigned Notary.
Numbers of Bonds Drawn.
325 Bonds Nos.:-
33 34 35 38
94
25 419 904 1420 1881 2483 8060 29 423 G77 1437 1682 2484 8067 30 431 987 1472 1916 2489 308G 433 991 1477 1923 2495 3097 437 1012 1483 1924 2503 3098 441 1015 1495 1931 2509 3103 460 1019 1501 1938 2511 $139 47 461 1024 1508 1939 2523 3145 59 475 1029 1523 1949 2526 3152 62 476 1052 1525 1951 2533 3154 76 481 1057 1527 1963 2570 3163 82 491 1084 1531 2004 2574 3169 92 609 1085 1534 2014 2589 3183 521 1089 1537 2018 2619 3185 103 524 1099 1542 2022 2632 3256 104 548 1100 1548 2027 2661 3257 105 555 1106 1554 2046 2678 3291 106
593 1110 1655 2056 2685 8307 120 623 1127 1588 2064 2687 3313 130 624 1135 1604 2096 2689 3335 150
631 1146 1616 2098 2710 3340 649 1149 1662 2122 2752 3345 650 1155 1669 2128 2759 3347 656 1184 1699 2130 2762 3390 658 1195 1707 2147 2771 3397 670 1199 1722 2162 2773 3399 677 1200 1750 2167 2779 3423 219 679 1217 1754 2171 2783 3452 226 691 1228 1758 2179 2791 3458 241 692 1241 1764 2181 2838 3470 243 702 1243 1766 2212 2841 3491 277 733 1257 1778 2233 2855 3493 284 748 1258 1783 2241 2868 3494 300 749 1268 1784 2254 2870 3506 311 759 1291 1791 2294 2882 3528 329 775 1316 1794 2306 2893 3531 332 785 1328 1802 2310 2910 3534 334 788 1832 1807 2321 2914 3539 342 812 1336 1817 2363 2033 3543 349 813 1342 1818 2366 2955 3552 351 816 1343 1829 2371 2961 3668 363 837 1347 1830, 2373 2977 3572 380 844 1378 1844 2435 2992 3574 394 856 1396 1847 2444 3000 399
909 1597 1849 2448 3002 400 922 1411 1861 2456 3009 411 960 1414 1866 2465 3054
154 159
179
183
188
217
For Shanghai Taels 500 each-Shanghai Taels 162,500.
For the HONGKONG AND SHANGHAI BANKING
CORPORATION,
(Signed) G. R. JOHNSTON,
Chief Accountant.
Countersigned,
A. B. JOHNSON, Notary Public.
Hongkong, 21st January, 1884.
Chinese Imperial Government
TH
Loan of 1878.
HE INTEREST due 14th February cur- rent, of the above LOAN, together with the BONDS DRAWN for Redemption, will be PAID at the Office of this Corporation on and after that date.
For the HONGKONG & SHANGHAI BANKING
CORPORATION,
Agents issuing the Loan,
T. JACKSON,
Chief Manager.
Hongkong, 14th February, 1884,
CORPORATION.
THIRTY-SEVENTII
REPORT OF THE COURT OF DIRECTORS
TO THE
ORDINARY HALF-YEARLY GENERAL MEETING
OF
SHAREHOLDERS
TO BE HELD
AT THE CITY HALL, HONGKONG, On Thursday, the 28th February, 1884, AT 3 P.M.
To the Proprietors of the
HONGEONG & 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 last.
The net profits for that period, including $52,509.62 brought forward from last account, after paying all charges, deducting interest paid and due, making provision for bad and doubtful debts, amount to $791,851.95, of which, after taking out rebate on Bills not yet due, and remuneration to Directors, there remains for appropriation $780,372.50.
From this sum, the Directors recommend the payment of a Dividend of Two Pounds Sterling per Shure, on the old Shares, and One Pound and Five Shillings per Share, on the new Shares, which will absorb $466,666.67.
The difference in Exchange between 4/6, the rate at which the Dividend is declared, and 3/8, the current rate of the day amounts to $106,060.60.
The Directors propose placing $100,000 to the Reserve for equalization of Dividends Ac- count, and Writing off Bank Premises $50,000.
The Balance $57,645.23 to be brought for- ward to the credit of new Profit and Loss Account.
DIRECTORS.
Mr. H. L. DALRYMPLE, Mr. F. D. SASSOON, and Mr. A. P. MCEWEN retire in rotation, and being eligible for re-election offer themselves accordingly.
Mr. A. P. MCEWEN has been appointed Chairman for 1884 and Mr. F. D. SASSOON, Vice-Chairman, subject to their re-election.
Mr. H. HOPPIUS and Mr. WM. REINERS having left the Colony their places have been supplied by Mr. A. GULTzów and Mr. M. GROTE: these appointments require the con- firmation of the Meeting.
AUDITORS.
The Accounts have been audited by the Fon. PHINEAS RYRIE and Mr. FULLÁRTON HENDERSON; and the Court recommend the re-election of these gentlemen as Auditors for the year 1884.
A. P. MCEWEN, Chairman.
Hongkong, 13th February, 1884.
ABSTRACT OF ASSETS AND LIABILITIES, HONGKONG & SHANGHAI BANKING
Dr.
Cash,
CORPORATION.
31st December, 1883.
ASSETS.
7,700,928.10 2,577,238.79 Bills Discounted, Loans and Credits, 29,962,577.33
Indian Government Securities,
Bills Receivable,.
Bank Premises,.......
Dead Stock,.................
36,903,719.04
855,610.99 97,788.73
$77,597,893,88
Cr.
LIABILITIES.
Faid-up Capital... $5,000,000.00 Instalment received on
New Shares,......................... 2,074,744.75
-$ 7,074,744.75
$2,500,000.00
Reserve Fund, Instalment of Premium
received on New Shares, 1,563,361.66
Reserve for equalization of Dividends, Marine Insurance Account, Notes in Circulation,...$ 3,466,817.30 Deposits,
45,765,803.69
Bills Payable (including Drafts on London Bankers and Short Sight Drawings on our London Office against Bills Receivable and Bul- lion Shipments).......................................
4,063,361,66 200,000.00 194,366.89
49,232,670.99
16,040,807.64
Profit and Loss Account, ........................................... 791,851.95
$77,597,893.88
PROFIT AND LOSS ACCOUNT, HONGKONG & SHANGHAI BANKING CORPORATION.
Dr.
31st December, 1883.
To AMOUNTS WRITTEN OFF:-
Remuneration to Directors, $10,000.00 Rebate on Bills not due.....
1,479.45
To DIVIDEND ACCOUNT:-
£2 per Share on 40,000 Shares, £80,000 Proportion of Dividend on First, Second and Third Calls on 20,000 New Shares, at £1.5 per Share=..
-$ 11,479.45
25,000
£105,000
4/6 per $466,666.67
To DIVIDEND ADJUSTMENT AC-
COUNT:- Difference in Exchange between 4/6 the rate at which the dividend is de- clared, and 8/8 the Current rate of the day,.
To RESERVE for equalization of Divi-
dends,.
To BANK PREMISES,...
To BALANCE carried forward to next
year,...
Cr.
•
100,000.00
100,000.00 50,000.00
57,645.23
$791,851.95
...$ 52,509.62
By Balance of Undivided l'rofits, 30th
June, 1883, By Amount of Net Profits for the Six Months ending 31st December, 1883, after deducting all Expenses and Interest paid and due,
་
RESERVE FUND.
739,342.33
$791,851.95
To Balance on 31st December, 1888,...$4,063,361.66
By Balance on 30th June,
1883,
By Instalment of pre- miam received ол New Shares,
$4,063,361.66
.$2,500,000.00
1,563,361.66
-$4,063,361.66
T. JACKSON, Chief Manager.
G. R. JOHNSTON, Chief Accountant,
A. P. MCEWEN,
F. D. SASSOON,
Directors.
We have compared the above Statements 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.
P. RYRIE.
F. HENDERSON,} Auditors. Hongkong, 13th February, 1884.
Printed and Published by NORONHA & Co., Printers to the Hongkong Government.