140
SHANGHAI LAND INVESTMENT CO., LIMITED.
The following is the report of the directors, for presentation at the sixth annual meeting of #hareholders to be held at Shanghai on Monday, the 25th February:
In presenting their sixth annual report and state- ment of the Company's accounts for the year 1894, the directors are pleased to be able to point to the con- tinued increase in the volume of the business under
their control.
The profit on working account for the year amounts to the sum of Taels 43,501.31 against Tacls 39,343,94 last Year.
Profit and loss account (including profit on land sold), after deducting Taels 5,244.13 transferred to reserve fund and amount of interim dividend paid in July, shows a credit balance, on 31st December, 1804, of Taels $7,010.80, and this sum theld rectors propose to divide as follows :-
To pay a fiual dividend of 4 per cent, on the paid-up capital (making 7 per cent. for the year)
To transfer to reserve fund (interest for 1894 on undeveloped portion of No. 2 Estate)
To carry forward to new account
Nos. 1, 3, & 4 ESTATES.
Taels
27,642.00
3,710.07
5,052.13
These call for no comment, the rentais amounting, how- aver, to somewhat were than those of last year.
NO. 2 ESTATE.
In April last the directors received an offer of Taels 3,300 per mow for cadastral lots numbers 428 and 429 measuring a little over 5 mow) from the Municionl Council to be used for the purpose of building a Public School, and as such a school on the property appeared to be advantageous to the interests of the Company the offer was accepted The terrace of nine foreign houses alluded to in last year's report having been satisfactorily let, a terrace of eight more similar houses was begun in December last. It is also in contemplation to build a terrace of seven so ne. what larger and better houses in North Szechuen Road, as there seems to be a want for such houses in this locality. 119 Chinese houses have also been built during the year and have all found tenants at paying rentals. The di- rectors are of opinion that there is still room for an ex. tension of this class of building, and this matter is now having their attention.
NO. 6 ESTATE,
In December the Company purchased, for the sum of The 62,000, a property in Hanbury Road. which the di rectors fully expect will turn ut a remunerative invest. This estate is only partially built upp and its mant. further development is now having consideration.
DIRECTORS.
...
Mr. McLeod retires by rotation, but offers himself for re-election.
AUDITORS.
Mr Francis retires, but again offers his services for the current year.
H. R. HEARN, Chairman.
WORKING ACCOUNT, FOR THE YEAR ENDED 31st DECEMBER, 1894. Dr.
To brokerage on debentures
To advertising
To agency management
To interest
To legal expenses
To directors' fees
To auditors' fees
To balance transferred to profit and loss
account....
TIs.
91.00
Cr.
200.00
43,561.33
Tls 83,787.88
Tl..
By gross rentals
Less fire insurance, taxes,
water, repairs, &ę,
93,768.18
10,114.69
By transfer fees.
By commission"
THE HONGKONG WEEKLY PRESS AND
1st Jan., 1894.
By balance'
28th Feb.
Cr.
By interest on No. 2 estate for 1893
Estate No. 1 Estate No
Estate No. 3
Estate No. 4
BALANCE SHEET.
ASSETS.
Estate No. 5 Cash due by Agents Sundry debtors Sundry mortgages...
LIABILITIES.
Tla.
[February 20, 1895.
Lammert were the most successful of the 28,263,17 Club bowlers, the former especially bowling with great judgment in the earlier part 5,245. 13
of the innings. Tis. 33,508.30
TIs.
As it was impossible to make up for the ground lost the second innings of the Clab was shorn of a good deal of interest; and it is sufficient to state that they had made 175 518,552.38 for 9 wickets when the bell rang, and the Garri. 467,012.65
son retired from the field the victors by a 131,946,66 128,980.06 majority of 93 runs on the first innings. The 68,000.00 batting of Smith and Darby was a redeeming 3.297.56. feature in an otherwise rather indifferent dis- 10,441.76 play of cricket on the part of the home side, the 92,362,26
former contributing 48 bygood olean bitting and Tls 1,420,543.93
the latter 33 before one of Vallings's sat up and looked at him. The fielding on the part of the Tlo. Garrison was very smart and close thonghont, 714,600.00 though one or two chances were dropped, whilst on the side of the Club we regretted to notice a 11,674.51good deal too much of the "After you, Sir," style
of getting after the ball. 100,000.00 250,000,0
Capital paid-up Hongkong and Shanghai Bank, current
account
Hongkong and Shanghai Bank, advance
account..... Debentures bearing 6 per cent. interest... Debentures bearing 54 per cent. interest. Profit and loss account Unclaimed dividends Sundry creditors
North-China Insurance Co. (mortgage) Reserve fund
CRICKET.
HONGKONG CRICKET OLUB. FIRST INNINGS. - 1
24
248,900,00 E. W. Maitland, run out
37.010.80 R. B. Garde, R.N., o Paley, b Lee 25 395.25 C. M. Firth, c Reade, b Valtings... 955.07 S. L. Darby, b Alexander 23,500.00 || H. M. C. Elliott, R.N, b Alexan-
der
SECOND INNINGS.
33
e Lysley, b Burton
e Rende, b Vallings 13 b Lysley
21
19
e and b Vallings..... 93
12
33,508.30
b Burton.
&
E. C. Ellis, b Lysley
2
o Burton, b Saunderson 1
E. Mast, b Alexander
0
e Saunderson, b Burton 3
Tls. 1,420,543.93
T. 8. Smith, b Alexander
10
b Lys ey
48
T. Shelford, R N., b Alexander
0
e Burton,
Kuoi..
4
R. F. Lammert, b Alexander.
0
not out....
0
E. Ezekiel, not out
Extraa
◊
not out....
5
5
Extras
90
THE CLUB V. THE GARRISON.
BOWLING ANALYSIS.
176
Overs. Mds. Runs. Wides. N.B. Wkts.
First Innings.
Lt. Lysley, R.B. 13 Private Lee Rev. Vallings... Alexander
23 9 41
3
26
15
7
12
6 1
15
Second Innings.
12 4
31
19
6
12
11
1
27
Saunderson
19
9
1
21
3
1
12
4 1 11
GARRISON,
Sergt. Burton, R.B., ↳ Darby. C. W. Knox, R.B., 6 Lagmert I. T. B. Saunderson, R.B., Elliott G. D. Campbell, b Darby ...... Surg.-Major Reade, b Darby
G. L Lysley, o Elliott, b Darby.. J. H, Thresher, not aut Rev. G. Vallings, b Elliott R. Alexander, b Lammert.. J. Paley, b Maitland
Pte. Lee, did not bat......
Extras
Firth
17
18
48
20
8
27
192
Overs. Mds. Buns. Wides. N.B. Wkts.
BOWLING ANALYSIS.
12
5 21
9 3
12
15
3
45
5
13
22
9
39
3
8
2
2
2
7 2 20
2
It does not very often happen on the Hongkong Cricket Ground that the captain' of a side, having won the toss, has to think twice as to whether he shall take the in- nings or put his opponents in; but in the match between the Club and the Garrison, which was played on Friday and Saturday last,
Alexander the necessity arose in a somewhat acute form.
Vallings That Sercombe Smith weighed the
Lysley pros and cons very carefully we may fairly presume; but Barton.... without trying to be too clever after the event, Thresher the parlisaus of the Club may well regret that | Knox he did not find the cons weighty enough to induce him to choose for once the latter alter- native. Having, Lowever, elected to bat he sent in E, W. Maitland and Garde to face the bowling of Lysley and Private Lee. The start was fairly propitious, as the score had been carried to 46 before Garde was caught at the wicket off Private Lee. The retiring batsman had made 25 by careful cricket under somewhat difficult 403.41 circumstances, the wicket being rather tricky 7,500.00 and the light villainous, Firth gave very 29,682.14 little trouble, being quickly caught by Reade
350.00 off one of Vallings deliveries, uufor- Elliott .... 2,000.00 tunately not before he had utilized one of Lammert..
the very few minutes he was in by running Shelford Maitland out. Darby and Elliott were the ouly Darby other batsmen to offer the slightest resistance Mast.... to the bowling, the score being 82 for 4 wickets S. Smith when Darly was out and 99 when Lammert-the Ellis
Maitland tenth wicket-succumbed to one of Alexander's expresses. The hopeless collapse of the batting side commenced from the time when Reade 83,653.79 sorted out the Rifles' fast bowler to take the 50.14 place of Vallings. Bowling with a very high 83.95 delivery and at a considerable pace, he seemed T18, 83,787.88
to be quite unplayable in the uncertain light, and eventually secured wickets for 15 runs. With the advent of Alexander the Club will have to take into consideration the advisability of 21,000.00 putting a flounce on to the top-or are flounces always put on at the bottom of the bowler's 5,215.13
which are already-like the circulation 18,556.80
of the Daily Telegraph-the largest in the world, The Garrison opened their innings with Kuox 37,010.80 and Sergt. Burton to the bowling of Elliott and Lammert, but the partnership did not last long, Tls. 81,812.73 as Knox was bowled almost immediately without having contributed to the score. Saunderson TK.
was the new comer; and he playing rather slow 26,894.68
but very sound cricket whilst Sergt. Burton hit out, the pair of them carried the score to 60 3,716,67 | before the latter was bowled by a trimmer from Darby. The next two batsmen did not trouble 7,640.05
the scorers very much, and the score was 99 for 5 43,561.33
wickets when Saunderson was bowled by Elliott Tis. 81,812.73 for a very patiently played 17, whịch was in- valuable to his side. From this period the chief
In the second round a close match was seen be- feature of interest was the batting of Thresher, tween Mr. Buckle and Mr. Thompson. After who bas been unaccountably unsuccessful playing 18 holes the match was still all square 33,508.30 iu previous matches, but who played upon this and an extra hole had to be played according to occasion an excellent innings of 48. The side the conditions of the handicap. This hole was Tls. 33,508.30 was eventually disposed of for 152. Darby and 'also halved, but Mr. Buckle receiving a stroke
PROFIT AND Loss ACCOUNT. Dr.
28th Feb., 1894.
To final dividend 1893 at 3 per cent.
To interest on No. 2 estate 1893 transferred
to reserve fund
To interim dividend 1891 at 3 per cent...
23rd July,
81st Dec.
To balance
let Jan., 1894.
By balance
31at. Dec.
Cr.
By interest on No. 2 estate for 1894 trans.
ferred
By profit on lot K No. 2 estate sold Muni-
cipal Council
By balance working account, 1894
Slät Dec., 1894. To balance
RESERVE FÚND ACCOUNT. Dr.
Tls.
Tis.
screeus,
HONGKONG GOLF CLUB.
CAPTAIN'S CUP COMPETITION.
This Cup was presented to the Club by Com. modore Boyes, R.N., to be played for under the following conditions.-The Cup to be played for monthly during tus year, at the end of which period the twelve winners to play for ultimate possession. The last stage of the competition was reached last week, when it was found that the twelve competitors had dwindled down to eight, from the fact of two players having won the Cup twice and two players being now absent from the colony. The result of the draw and first round was as follows:—
Mr. W. M. Thompson, R.E. (receives 4 strokes),
beat
1.
Mr. H. L. Dalrymple (scratch)
24
3
Mr. J. G. T. Buckle (receives 8 strokes)
beat
Mr. C. H. Grace (receives 6 strokes) Captain W. H. E. Murray, A.D.C. (scratch),
walk over
Mr. J. Hastings (receives 7 strokes) scratched Mr. J. Thurburn (receivos 6 strokes)
beat
Mr. A. J. Leach (receives 4 strokes)