122
THE HONGKONG WEEKLY PRESS AND
and west reef
and I only hope that Mr. Douglas Jones's am-The ore is about 2 ft. wide and is payable; bition and desire may be fulfilled. I am very we are now stoping on it. The east drive much obliged to you for coming here, gentlemen, on the
The following is the report presented to the meeting
The directors herewith present to the shareholders aetatement of the Company's accounts for the year ended 30th November, 1894.
The herd of cattle has been largely increased dur- ing the past year and is now in excellent health and condition.
*
course of the east has been extended 40 ft., making it 00 ft. from the No. 1 north crosscut. At 45 feet it came to the course of the north
up and south reef and a drive has now been opened to go south on this; the ore is poor, but The proft for the year, after writing off $6,005.60 improves as it is being driven on.
I feel con- for depreciation, is $2.491.46, which, in view of the ex-fident we shall get good payable ore on this perience of the last year, the Board considers it pra-
course directly. A drive west on the course of dent to carry forward.
the east and west reef was commenced in the early part of the month and was continued up till a few days ago, when, the ore being very poor and the men required elsewhere, it was dig. continued. Distance driven 41′. 6′′. Drives east and west were opened on the course of Phillip's leader and continued till the ends of the ore chute had been reached. Distance driven, east 3 and west 12. I intend continuing the No. 1 north crosscut here some 30 feet further north to test a leader still further north which was payable at and above the 110, ft. level.
DERMOTORS.
The Hon. C. P. Chater and Dr. Cantlie have coased to be directors of the Company, and Mr. Douglas Jones and Dr. Noble have been invited to join the Board. Their election requires confirmation by this meeting. Mr. Granville Sharp and Mr. Machado re- tire by rotation and offer themselves for rețelection.
AUDITOR.
The annexed accounts have been audited by Mr. Henderson for Mr. Robert Lyall, absent on leave, who offers himself for election for the current year. GRANVILLE SHARP, Chairman.
Canh in hand
Cash on mortgage Cattle
ASSETS.
c.
+
No. 1 South 110 ft. Level-The crosscut going south-east at this level has been extended 51′ 6′′,
Hongkong, 2nd February, 1895. STATEMENT OF ACCOUNT TO 30TH NOVEMBER, 1894. making its total length 185' 6" from August shaft. It has not yet reached the course of the 3,186.52 north and south reef, but must do so soon. I 16,000.00 notice water has commenced to make in the face and the ground is becoming softer. The No. 1 north level has been repaired and is now in 19,319.00
The winze sunk on the 1,103.06 really good order. 32,868.54 course of Phillip's leader has connected with the 16,620.05 intermediate tunnel, as mentioned in an earlier
9,043.72 portion of this report.
Written off
Cattle on order
$24,150.65 4,831.65
Property farm lots 18, 19, 25 and 32 Cow houses, stables, &c..
Town depôt.......
Butter making machinery and
other dairy utensils
Written off
2,244.95 673.95
Furniture..
Fodder on hand.
Accounts receivable „„;.
LIABILITIES. ⠀
Capital: 10,000 shares at $10..
Dividend 1890/91
Dividend 1802/93
Accounts payable
Depreciation account
WORKING ACCOUNT.
Wages
Charges and up keep
Maintenance
Bad debts and losses
Depreciation account
Written off cattle
Vritten off dairy atensils.
$1,831.65 673.95
Auditor's fee, 1892/93
Profit and loss
Balance from last year..........
Less dividend
$5,316.47 5,000.00
Proceeds of produce.
Interest
Transfer fees
Upper Stopes-These are in good order and producing the usual quantity of fair grade ore The little shaft at the west end 1,571.00 for the mill.
182.26 of the tunnel through the heap of old headings 1,374.00 has been sunk a further distance of 11′ 6′′ and 2,973.75 a drive driven off it 62 feet, where it met with old Siamese or Chinese workings. I am still $104,842.80
prospecting here in the hopes of adding to our reserves of ore in the upper stopes. 100,000.00 Mill Gully Tunnel-This tunnel was con.
48.90 tinued west a further distance of 17 feet, mak 120.00 ing it 98 feet from its mouth when black dyke 1,482.44 forma10 hardt with thus showing that we
500.00 had passed foot 2,691,4
ress the reef. Drives were opened out north and south, but I regret 101,842.80 to say we had only driven a few fat when we
$
C.
[February 14, 1895.
on his success, which was
congratulated thoroughly deserved.
The scores under 90 net are given below, the best score only of each member being recorded ;-
BEST SCORE Cur.
15 Dr. W. F. C. Lowson
Mr. G. Steward........
9 Mr. C. Palmer ...............................................
1
Mr. W, A. Duff
21 99
78
2
Mr. J. G. T. Buckle..
..103
24
Mr. G. W. F. Playfair..
........103
24
Mr. C. O. Bowring
108
27
85
5
88
8
✓
(P)
.107
27
Mr. C. H. Grace
.102
22
93
12
Mr. J. Thurburn
19 18
11
Hon. N. G. Mitchell-Innes
91
9
12
Commodore Boyes, R.N.
97 15
13
Mr. E. W. Maitland.
104
21
14
Dr. J. A. Lowson
81
So.
Captain RM. Rumsey...
93
9
Mr. H. L. Dalrymple
95
11
17 Mr: F. Maitland
106
21
Capt. O. P. Marshall
.112 27
19
Mr. J. Hastings
.106
20
20
Mr. E. A. Ram
Lieut. Lambert, RN,
22 Mr. A. J. Leach...
CAPTAIN'S CUP.
101 14 .114
27 .105 16 89
The last contest for the Captain's Cup under the monthly conditions took place in the Happy Valley from Saturday, 2nd February, to Monday, 4th February, and resulted in a win at the last attempt for the Hon. Secretary, who was fortunate in finding such an indifferent lot of returns in against him. The Happy Valley is in very fair order for golf at present and there is no excuse for such poor scores. The Sweepstates resulted in a tie between Mr. Gershom Stewart and Mr. W. S. Frowd, R. N., with net scores of 85 each. Results:-
S
Dr. J. A. Lowson Mr. Clement Palmer.. Mr. W. S. Frowd, R.N. Mr. J. G. T. Buckle. Mr. John Hastings
1
+
Mr. W. M. Thompson, R.E. 102 Mr. Gershom Stewart
18
93 88
8 85
scr.
103 12
91
115 24
113
21
117
20
93
8
109
24
89
B01.
11 12
SWEEPSTAKES.
Mr. Gershom Stewart Mr. W. S. Frowd, R.N. Dr. J. A. Lowson.
Mr. H. L. Dalrymple .................. 99 Mr. C. Palmer
103
Remainder over 100 or no return.
JERHANE 3828885
hors ad the dos palau d af as early as possiükŮ under special rules for match play.
It now only remains for the twelve winners.to play off for the final possession of Commodore broke into old workings, where of course theRaves handsome trophy. The names will be Cgreater part of the reef had been taken out by 8.847.01 the old workers. A small shaft to ventilate this 7,635.75
point and to open up stoping ground has been 5,358:41
246.18 sunk and connected. Depth of shaft 45 feet. 500.00 A tunnel to test the reef seen in the Kladi and Mill Gally tunnels at a point 260 ft. north of the former has been commenced and is now 5,505.60
in 46 feet! This tunnel should reach the course 25.00 2,691.46 of the reef at about 120 feet from its mouth and
at a depth of 70 feet from surface. $30,809.41
316.47
Milling-This was carried on during 26 days, orushing 1,100 tons for a return of 403 ounces 8 c. of melted gold, viz., 800 tons of ore from the mine for 358 ounces and 300 tons of old head- 29,286,52 ings for 45 ounces.
1,195.92 Cyanide Plant-The continuous heavy rains 10.50 have again greatly retarded this work, but now that the monsoon is almost over I am hoping for $30,809,41 much better progress during the coming month. The laboratory has been completed and the chemist is at work on assays of ore, tailings, &0.
Labour-This is fairly plentiful. Health-This is fairly good..
THE PUNJOM MINING CO., LIMITED.
The following is the Manager's report for December
HONGKONG GOLF CLUB.
BEST SCORE CUP.
August Shaft, 200 ft. Level-The No. 2 east crosscut has been extended a farther distance of 33 feet, making it 149 ft. from the No. 1 The competition for this Cup, presented by north. It is still in dyke matter, but the ground the Club, commenced in September last and is of a lighter colour and very much harder finished on Thursday, February 7th. The idea than it has been hitherte; we are pushing this of the competition was originated by Mr. N. G. point as much as possible in order to get out to Mitchell Innes and it was soon apparent how the course of the Mill Gully reef. The south popular the 20 cent cards would be. The condi- drive on the course of the north and south reef tions of the Cup were that any member could at this level has been extended 30′ 6′′, making it play a round for the Cup at any time by the 73 ft. from the No. 2 east crosscut. The face purchase of a card, price 20 cents, on which to continues to show a strong body of ore, but up record his score, the same card being properly to the present it is too poor for the mill. I still authenticated by another member as scorer. The have great hopes of this. The No. 2 crosscut cards on completion of the round were deposited has been re-started to connect with this point in a looked box and consequently the name and for ventilation and convenience of working. score of the winner remained unknown until the box Intermediate (150 ft.) Level-The No. 1 was opened on February 8th. There were 177 en. north crosscut has been driven a further dis- tries in all, Mr. W. A, Duff winning the Cup and tance of 22′ 6, making it 134′ 6" from August 40 per cent. of the entrance money, the second and shaft. At 128 ft. it intersected Phillip's leader third prizes resulting in a tie between three other and connected with the winze sunk on the members, who will consequently have to play off bourse of that leader from the 110 ft. level. for the money. The winner is to be heartily
On a good though by no means very favourable goling day, on account of wind and rain during the latter part of the play, a highly interesting and well contested match was played on the links at the Happy Valley on Saturday last in the semi-final tie for the Captain's Cup, result- ing in a tie on the round of 18 holes. The play was very even throughout, as the subjoined record will show. At the 12th hole "even all” was the position, but in playing to the 16th hole. the eventual winner had to succumb to a lost ball and give up the hole, making the score
*
dormy 2" in favour of his opponent. A happy and well directed play secured the 17th hole in 3 and brought the score to "dormy 1," leaving the match in much doubt, as the conceder of the 4 strokes in the match had to give his adversary a stroke at the last hole. This was successfully negociated in 6, with his stroke in hand, thus making a tie of the round. The conditions being that in the event of a tie the players should play on another round until one of them won, the winner of the 18th hole led off, unfor. tunately landing in the mud on the edge of the second ditch, from which, however, he skilfully " his ball clear of all succeeded in lifting
hazards." His opponent with equal ill-look came to grief in the third ditch-water-from which he had to lift, thereby losing a stroke. Finally the 19th hole was halved in 7, but the winner having the good fortune of taking his handicap stroke at this hole was declared the winner of the match by one hole and will play in the final this week. Buckle.... 5 à 6 1 7 0 1′′ 6 · 7′′ ¿* 5 5* 3 5 8*†8 8 Thompson. 7 4 6 4 5 5 7 2*7* 4** 64 46* 4*
* Indicates holes not played out.
1st
2nd
+ Indicates lost balls and hole given up. round, Buckle took 4 holes and Thompson
3 holes.
round, Buckle took 4 holes and Thompson 5 holes.
2 holes being halved in the first round. The winner received a stroke from his adversary
at the 1st, 6th, 12th, and 18th holes.