.i
1034 THE HONGKONG GOVERNMENT GAZETTE, AUGUST 9, 1907.
HONGKONG & SHANGHAI BANKING
CORPORATION.
EIGHTY-FOURTH
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 August, 1907, 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 Bauk. and Palance Sheet for the half-year ending 30th June. 1907.
The net profits for that period, including $1.721,538,90, balance brought forward from last account, after paying all charges, deducting interest paid and due, and making provision for bed and doubtful accounts. amount to $3.845.222.43.
The Directors recommend the transfer of $750.000 from the Profit and Loss Account to credit of the Silver Reserve Fund, which Fund will then stand at $11,750,000,
After waking this Transfer and dedneting Remuneration to Directors there remains for appropriation $3,030,222.43, out of which the Directors yeecimend the payment of a Dividend of One Pound and Fifteen Shillings Sterling per Share, which at 4/6 will absorb $622 222.22. The difference in Exchange between 4/6, the rate at which the Dividend is declared, and 2/23, the rate of the day, amounts to $660.832 67.
The Balance $1.797.167.54 to be carried to New Profit and Loss Account.
DIRECTORS.
Mr. N. A. SIEBS, Mr. D M. NISSIM. the Honourable Mr. W. J. GRESSON, (Deputy Chairman), and Mr. G. Balloch having re- signed their sents on leaving the Colony, Mr. A. FUCHS. Mr. B. SHELLIM, the Honourable Mr. HENRY KESWICK and Mr. H. A. W. SLADE have been invited in fill the vacancies: these this appointments require confirmation at Mecting.
The Honourable Mr. PENRY KESWICK has been elected Deputy Chairman for the remain- der of the year.
AUDITORS.
The accounts have been audited by Mr. A. G. WOOD and Mr. P. MAITLAND, the latter acting for Mr. W. HUTTON POTTS, who is absent from the Colony,
G. II. MEDHURST,
Chairman.
Hongkong. 6th August, 1907.
CORPORATION,
Current (Silver, ......
...$72,591,082.50 Accounts, Gold,
STERLING RESERVE FUND,
To Balance, £1,000,000 @ ex. 2/-. ...$10,000,000,00
$10,000,000.00
£5,840,784.128 57 — 54,496,606.45
127,087.688.95
Fixed 1 Silver......$48,865,185,38 Deposits, i Gold,
£1,990,020,10s.2d.= 48,579,043,01
95,444,528.39
By Balance 31st December, 1906,
£1,000,000 @ ex. 4-. (invested in Sterling Securities.)
.$10,000,000,00
$10,000,000.00
18,721,009.5E 3,815,222.43
SILVER RESERVE FUND,
To Balance,
$11,750,000.00
$11,750,000.00
$2×9,262,553.29
Bills Payable (including Drafts on London Bankers, Call Loans and Short Sight Drawings on London Office against Bills Receivable and Bullion Shipments), Profit and Loss Account,
Liability on Bills of Exchange re-liseonntel, £7,393.446,19,307, of which. £5,583,798,9%. 1077, lave since run off.
Cash
ASSETS.
Coin lodged with the fon „kong Gov- crament against Note Circulation m excess of $10,000,000, Bellion in Band and in Transit. Indian Government Rupee Paper, Consols, Colonial and other Securities,
STERLING BESERVE FUND
INVESTMENTS, viz. :— £598,000 21
per cent. Consolsat 82. £100,360 (of which £250,000 Judged with the Bank of England as # Special
London Reserve.) £250,000 23 per rent. National War Loan, at 90........ £327,000 Oti er
Sterling Seemities, written down to
229,700
$42,801,849.04
10,000,000.00 8,041,710.15
1.944,694.17
6,557.872.7!
980,140
£1,000,000 @ ex. 2/-. 10,000,000,0
Bills Discounted, Lonus and Credits, 80,800.247.80 Bills Receivable,
$123,681,618.39 Bank Premises,
1,485,066.01
$289,242.538.29
GENERAL PROFIT AND LOSS ACCOUNT, HONGKONG & SHANGHAI BANKING
Dr.
CORPORATION, 30th June, 1907.
To AMOUNTS WRITTEN OFF :-
Remuneration to Directors,
DIVIDEND ACCOUNT:-
་་
£1.15 per Share on
*
80 000 Shares
£149.000 at 4:6,
DIVIDEND ADJUSTMENT
AOUNT:-
Difference in Exchange between 4/6, the rate at which the Dividend is declared, and 2/2, the rate of the day,....
TRANSFER TO SILVER
RESERVE FUND, BALANCE forward to next half-
year,
15,000.00
660,882.67
750,000.00
1,797,167.54
$3,845,222.48
By Balance 51st December, 1906. ...SU,000,000.00
Transfer from Profit and Loss
Account,
750,000.00
$11,750,000.00
Directors.
J. R. M. SMITH, Chief Manager.
C. W. MAY, Chief Accountant.
G. B. MEDHURST, 1. KESWICK.
C. H. LENZMANN,J
We have compared the above Statement with the Books, Vouchers and Securities at the Head Office. am with the Returas from the various Branches and Agencies, and have found the same to be correct.
A G. WOOD, } F. MAITLAND, J
Hongkong, 6th August, 1907.
Aulitors.
THE TRADE MARKS ORDINANGE, 1898.
N
Application for Registration of a Trade Mark.
OTICE is hereby given that the LAM- BERT PHARMACAL COMPANY of St. Louis Missouri in the United States of America have on the 31st day of July, 1907, applied for the registration in Hongkong in the Register of Trade Marks of the following Trade Mark namely:-
The invented word LISTERINE,
in the name of the said LAMBERT PHAR- MACAL COMPANY who claim to be the sole proprietors thereof,
The Trade Mark has been used by the Applicants in respect of the following goods: -- Antiseptic Medical Preparations, in
Class 3.
A facsimile of such Trade Mark can be scen at the Officqf the Colonial Secretary of Hongkong.
Dated the 8th day of August, 1907.
DEACON, LOOKER & DEACON,
Solicitors for the Applicants.
$10,000,000.00
19,000,000,00 11,000,000.00
250,000.00
Cr
By alance of Undivided Profits, 31st D cem- ber. 1966... Amount of Net Profits for the Six Months ending 30th June, 1907, fter masing provision for bad and doubtfu debts de- duetin: ali Expenses and Interest paid and The.
$1,721,558.90
2,129,663.53
$3,845.222.43
$3,845,222.43
THE TRADE MARKS ORDINANCE, 1898.
Application for Registration of Trade Marke.
NOTICE & hereby given that H. SKOTT
AND COMPANY of Victoria Hongkong Merchants have on the 22nd day of July 1907 applied for the registration, in Hongkong in the Register of Trade Marks, of the following Trade Marks :—
1. The representation of a Swan in a
Medallion,
1-
2. The representation of "Brittannia
with a trident and shield and the word Brittannia";
in the name of H. SKOTT & Co. who claim to be the sole proprietors thereof.
The Trade Marks have been used by the Ap- plicants in respect of the following goods :-
Flour, in Class 42.
Facsimiles of the Trade Marks can be seen at the Office of the Colonial Secretary of Hongkong.
Dated the 6th day of August, 1907.
DENNYS & BOWLEY, Solicitors for the Applicants,
ABSTRACT OF ASSETS AND LIABILITIES, HONGKONG & SHANGHAI BANKING
Paid-up Capital,
30th June, 1987.
ILABILITIES.
--
Sterling Reserve Fund, £1,000,000
(@ ex. ?
Silver Reserve Fand,
Marine Insurance Account,
Notes in Circulation :----
Authorisei Issue
#gainst Securities.
deposited with the
Crown Agents for
the Colonies....................$10,000,000.00
Additional Issue nu-
thorised by Hong- konz Ordimmee No. 19 of 1900, against Coin lodged with the Hongkong Gov- ernment,..
8.113,501 00
18,118,504.00