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August 27, 1896.1

HONGKONG HOTÈL COMPANY,

LIMITED.

The ordinary half yearly meeting of the shareholders in the Hongkong Hotel Company, Limited, was held at the Hongkong Hotel on the 21st August at noon. Mr.. W. Parfitt presided, and there were also present-Messrs. E. Osborne, R. C. Wilcox (Directors), C. Mooney (Secretary), W. H. Gaskell, H. K. A, Fisher, W. H. Potts, F. D. Goddard, G. C. Cox, J. C. Peter, Ho Tung, C. J. Gonsalves, A. A. Guttierez, F. Henderson, F. Brown, Leung Tit Shan, Ip Chi Fong, Wong Kam Fuk, Chan Chan Nam, Han Chenk Tin, Leung King Shan.

The Secretary read the notice calling the meeting.

The CHAIRMAN-Gentlemen, as the report

and accounts for the half year ending 30th June last have been in your hands since Mon- day last I will, with your permission, take them as read. The business of the Company con- tinues to be good for the time of the year. We hope very soon to have a manager who we trust will enable us to largely increase the profits of the catering department. Arrangements have been made for increasing the boiler power in the building later in the year, which will add very much to the efficiency of the passenger and Inggage lifts and ensure a better supply of hot and cold water throughout the hotel. A con- siderable part of the old building has recently been colour-washed and painted, and we hope the expenditure may be justified by increased receipts from that part of the premises during next cool season. Carpets liave been ordered from England for many of the old rooms, and a much needed supply of glass, crockery, cutlery, and linen for the dining-room department. Before proposing the adoption of the report and accounts I shall be pleased to hear any remarks which any shareholder present may wish to make.

There were no questions and the CHAIRMAN proposed the adoption of the report and accounts.

Mr. Ho TUNG seconded. Carried.

CHINA OVERLAND TRADE REPORT.

We have done but little on Gillies' reef dur- ing the month, through having had to discon- nect the air pipes by which that point is ven- tilated, while opening the stopes on the E. and W. reef.

The stopes on the course of the N. and 8. reef are without change to notice. I regret to say that the ore found on the North and South reef and referred to in my last report has not turned out as I had hoped; in fact, after driving on its course a few feet it suddenly dipped under foot and disappeared altogether. I feel sure it is the " cap" of a new chute of ore, however, and will be found again in depth. This drive is now in good looking formation and should it meet with a reef I have no doubt it will be found payable.

Intermediate level. We are stoping on a

strong body of ore here of very fair quality, and from appearances should get a large quantity of such ore. We have three winzes sinking below this level for the purpose of opening the ground for stoping between it and the 200ft. level. We are also putting a drive west off the now shaft for the better handling of the work at and above this level.

454 ft. Tons 1,238 10 cwts.

Drivage for the month... Ore mined made up as follows:-

August Shaft

909 tons. 329 tons 16 cwts.

New Leader... Milling. This was carried on during 27 days, crushing 1,100 tons, yielding 519 oz. 4 dwts. of melted Gold.

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RAUB

163

The Raub Mining Manager's report for the four weeks ending on the 5th August, 1896, runs as follows:-

without

Raub Hole.-No. 2 Shaft-I am pleased to say that the improved prospects referred to in my last report still continue. We have now driven 51 feet on the gold-bearing chute of ore face of the Intermediate Drive going south the any signs of being through it. In the lode is about 15 inches wide, and carries good gold all through. In the stopes coming in from 18 inches to 2 feet wide, and carries over the back of this drive the lode is good gold. Taking the south end all through,. the prospects look very good. We have also some cross leaders near the crosscut, at the although small. In the Main Drive going 120 ft. level, which show very fair gold, south, at the 220 ft. level, the lode has widened to about 6 inches, but shows no gold. The face is making a lot of water, and altogether looks more promising than it has yet done. I expect to have to drive a considerable distance yet before cutting the main ore chute in this

level.

Bukit Koman.-This section still continues

110ft. Level. The stopes here continue to give their usual quantity of ore for the mill. to develop very well, and the different drives We have come on to a body of quartz in the continue to expose large bodies of payable ore. drive we are extending north in search of

In the main level going north, at 146 feet, the lode in the face still continues very irregular. the western chute of ore, but so far it is poor. From its position, I feel sure it is a floating The average width of this is nine to ten feet of piece of reef and has no connection with our crashing staff in which gold can be seen in western chute, which should be still ahead of us. breaking. The ground is favourable for work- New Leader-The various points at working, and good progress is being made. We are here have given a fair quantity of ore for the getting well across the swamp with this level, and shall soon be under the extensive workings mill, and will continue to do so for some time longer.

of Bukit Jalis (Kitchil). These workings extend north right over Bukit Jalis (Besar) and on to where we are now sinking the new shaft at Bukit Malacca over half a mile. In the main level going south, the lode continues to look remark- ably well; in the face of the level, it is fully 12 feet wide and shows fair gold from wall to wall. The lode is solid quartz between well-defined slate walls, and, for regularity of prospects and

the back of this level, the stopes are from 10 to size, is one of the best formed lodes I have ever seen. In the leading stopes coming in over

20 feet wide; the whole of the lode from the Cyanide Works. This plant worked 15 days different faces is being sent to the mill as broken. There is no change in the rest of the stopes over Captain GODDARD proposed and Mr. Gox-treating 430 tons of tailings yielding 280 oz. 2 dwts, of bullion valued at £1 13s. 2d. per oz.

this level, as very little work is being done in BALVES seconded the re-election of Mr. Osborne

Of course you will know that through want of them. At the No. 2 (or 250 feet) level, 33 feet as director.

oyanide, work had to be discontinued.

has been driven on the course of the lode, about Carried.

plant ceased work on the 10th July and is now

are being driven 5 by 7 feet on the footwall standing idle, but from advices from our Sin-equal distances north and south. These drives gapore agents, the home order has been received side of the lode. The drive going north is all and was shipped to Pekan on the 18th July, so

in solid quartz, and shows gold in breaking. we are daily expecting its arrival here at the The best gald is on the hanging wall side of the lode, which we have not yet, taken down. mines.

In the drive going south, the lode does not look quite so well, the face being & mixture of quartz, slate, and diorite, and shows very little gold. The ground is very hard in both faces, and only slow progress is being made in driving. There is little or no water making in these faces.

Mr. FISHER proposed and Mr. Cox seconded the re-election of Mr. W. Parfitt on the directorate.

Carried.

The re-election of Messrs. W. H. Potts and W. H. Gaskell as auditors was proposed by Mr. PETER, seconded by Mr. GUTTIERREZ,

and carried.

days treating 69 tons of concentrates, yielding Calcining Works.—This went on during 29 84 oz. 1 dwt. of melted gold.

The

Mr. He UNG-Before we depart I beg to propose & heurty vote of thanks to the Board of Directors and the staff for the very splendid

General. We have again gone through a report they have presented to us to-day for the good deal of work coming under this head. A period under review. Having some knowledge road about 3,000 feet long has been made to and experience of the working of this Company, enable us to reach a new timber reserve and a I have no hesitation in saying that the gratify-bridge put over the Jalis River to enable us to ing results achieved during the past six reach it at all times. months are mainly, if not entirely, due to The main race leading from the main dam to the ability, energy, and untiring efforts of the the mill has been extended about 300 ft, so as Board of Directors, ably supported by the staff. to allow of boats going alongside our caleining I hope that the hitherto unfortunate share-plant, and a large quantity of earthwork ex- holders of this Company will very soon get a cavated to make room for the storing of our return on their investment. (Applause.) tailings. The water wheel pit has been com- pleted, securely timbered, and the foundation timbers of the wheel put into position. The main race from the Jalis River to the mill has also been completed. The tailings pump (Plunger) has been started and is doing good work.

The CHAIRMAN-I have to thank you, Mr. Ho Tung and shareholders present, on behalf of my co-directors and the staff, for the vote of thanks which you have kindly passed towards us. That concludes the business of the meeting. gentlemen.

PUNJOM MINING CO., LIMITED. The Secretary of the Punjom Mining Co., -Limited, advises us that he has received the following progress report on the work carried on at Punjom during the month of July, from the Manager at the mines :-

Mining-Our best attention has been given to all work coming under this head and I am pleased to say fair progress has been made.

Augnst Shaft, 200 feet Level-This continues to be a busy point and is now giving a large quantity of ore for the mill. The grade is low, however, but I have reason to hope for an im- provement when once the stopes have been opened.

Six thousand bricks have been made and put to stock.

Bukit Malacca.-This shaft is now down 1124 ft. 19 ft. has been sunk since resuming sinking with the two 8-in. pumps. The water is still very heavy, and gives the pumps all they can do to keep it down. The ground is coming in harder, which is greatly in our favour, as hitherto it has given us a lot of trouble owing to its running and the heavy water we have had to contend with.

Western Lode. The lode in the faces going south are smaller, and do not show, so well as they did a little while ago, but the main stopes show the usual quality of crushing stuff, and Labour. The supply of this has fallen off, show no change in prospects. I am only work- I regret to say, owing to sickness in the camping one shift (day) in this section, as I cannot and the Goernment requiring a large number of crush the stuff. men in making the main road from Raubits Ki Lipts.

Health. This is not very good. I regret to have to report the breaking out of cholera here on the 25th July amongst our Chinese work- people. Strong measures were at once taken to cope with the disease, and I am pleased to say we seem to have got it well under control. Altogether we have had seven cases, five of which have terminated fatally.

Rainfall-The total rainfall for the month is four inches.

Battery. This has been kept running full time with the exception of nine hours lost, owing to the key in the fly wheel of the engine coming loose, and having to fit a new one. On 4th instant, a rough clean up took place for the four weeks ending that date, 1,030 tons yielding 1,826 ounces amalgam. Crushing was resumed again the same afternoon. Owing to the long spell of dry weather we are having, the supply of water in the dam is very low Had it not been for two small showers we have had during the past two days, the mill would have been stopped

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