ને પણ માન અને પ
Paul Greht Drs. Joseph Wilhelm Pucher
L. Lamcotte
A. Zwicker
Fappin
Andrew Harvie
F. Lieb
Delbanco
"O. Struckmeyer
W. Vogelgerany
W. O. C. Spalokhaver
A. Mueller
G. Friesland
P. Sudhans
T. Brugmann B. Soondera A. Pinckernell P. Hyndman M.E. C.
D. D. Talati
C. B. Morawalla
M. H. Katrak
F. X. Ozorio
D. G. Prestage
J. A. Eovi...
A. Babington
G. Sierich...
W. Davies -H. L. Looker
E. Danb
H. Schubart
C. Jesümann
G. Binder
A. v Bohnɛzewicz
H. Rumoker L. Glissmann W. Hamann Bee Gee
Carl Hassager R. Behn Charles Attooh
N. S. Tevy S: A Ahmed M. Patel M. Myer
:
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D. P. J. Lopes...
L. Lopes
O. G. da Rocha
G. Rocha...
1
A. F. Rocha
L. Rocha
1:
A. F. Ribeiro
P. A. do Rozario
F. X. Lopes
S. Pinna
Arthur
CON
THE HONGKONG WEEKLY FRESS AND
L. J, Xavier
R. J. Remedios
A. S. Cohen
P. N. Dhalla
HK. Iranco
Rodolpho Xavier
C. R. Hager
+
1
~~~~~~
Cr.
By groes earnings of the Company... By scrip and transfer fees
[Jare 22, 1897.
79,086.00 $1.05
$79,087.05
2.50 2.50
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2
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الفرقة
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857;336.84
THE HONGKONG ELECTRIC CO.,
LIMITED,
The following is the report of the board of directors to the eighth ordinary yearly meeting of Shareholders to be held at the Company's Offices (No. 27, Queen's Road Central)'at Noon on Tuesday, 29th June ;d
Gentlemen,-Your Directors have the
pleasure to submit the accompanying State- ment of the Company's Accounts for the year ending 30th April, 1897, and are pleased to be able to point to the further improvement in the Company's earnings shown in same.
After deducting Directors' fees, 82,000, there is left the sum of $33,190.93 available for ap. propriation, and your Directors recommend that be disposed of as follows
To pay a Dividend of 5%, say 40 cents
per share
To write off Plant Account for de-
preciation
To carry forward to next account
$12,000:00
PROFIT AND Loss AccountT, Dr. To balance available for appropriation
Cr.
By amount of undivided profit as per last re-
port
35,190.93
$35,190.93
the
8,119.23 By balance of working account brought down 27,071.70
$35,190.93
The following is the Manager's report:- The Directors,
The Hongkong Electric Co., Limited. Gentlemen, I have to report that the num ber of Incandescent Lamps installed and con- nected to the Company's Mains on the 30th April, 1897, amonated to 3,175, equivalent to about 5,520 Lamps of 8 candle power.
The 75 Arc Lamps for Street Lighting have been in regular operation during the last year, and also the 7 Are Lamps mentioned in my last report as having been erected in H. M. Naval Yard.
The Plant and Machinery have been main- 12,500.00 tained in good working order.-I remain,
8,690.93 Gentlemen, Your obedient servant,
*$33,190.93
The Manager's Report annered hereto gives usual particulars of the lamps installed during
the year.
Directors. Mr. J. Kramer resigned on leaving the colony and Mr. C. S. Sharp was invited to join the Board. In accordance with the Articles of Association Messrs. Dalrymple and Sharp retire, but, being eligible, offer
themselves for re-election.
Auditors. The accounts have been audited by Mr. G. Stewart and Mr. A. Coutts (in place of Mr. J. C. Peter at present absent from the colony), and they offer themselves for
re-election.
H. L. DALRYMPLE,
Chairman.
Hongkong, 16th June, 1897.
STATEMENT OF ACCOUNTS TO 30TH APEIL, 1897.
LIABILITIES.
Capital:-90,000 shares each $8 paid-up
Bills payable
Sundry creditors
Suspense account
Dividends. unclaimed
Balance of profit and loss account
'ASSETS.
Plant, cost of as per last account...$179,899.68
Less amount provided for depre-
ciation.....
10,000.00
`$169,399.58 9,219.06
Cost-of plant since added
Property, cost of land and buildings
Installation material, stook of
Stores and coal, stock of-
Tools, &c., on hand
Furniture, cost of
Insurance, value of unexpired portions of
policies
Sundry debtors
Hongkong and Shanghai Bank, cash with Cash with agents
}
Working ACCOUNT..
Dx:*
To-salaries and wages
'To-installation material
To coals
To stores...
To charges
To office expenses
To repairs
To rent and taxes
To insurance
To stationery
Totools
To auditors' fees
To legal expenses...
To interest...
To medical attendance
To telugramah ....
To bad and doubtful debts
.........
.0
W. H. WICKHAM,
Manager.
THE EUreka and quEEN MINES. Messrs. John D. Humphreys and Son, the Limited, have received the following telegram General Managers of Olivers Freehold Mines, from the Mines:-"A crushing of 200 tons of quartz from 'Eureka' has yielded half an ounce to the ton. There is no water to deal with worth speaking of; everything is going on satisfac torily."
Yamashiro Maru :-
The following reports were received per
OLIVERS FREEHOLD MINES, LIMITED.
Mount Macdonald, 28th May, 1897. Bureka Mine.-Since reporting on the 14th inst. work has been going on as usual, no change of any importance having taken place. At the 200 feet level the North drive has been extended 240,000.00
12,084.17 to a total distance of 84 feet, the reef being 44 4,493.07 feet wide and the stone of the usual grade. 20.00 The South drive has extended a total of 57 feet 974.80
to date, with the reef 5 feet wide and showing ***35,190.93;
gold. This last measure to-day makes a total of 141 fest on the lode, without a break. $292,762.97! $
•
575.10
The winze to connect the 150 ft. and 200 ft. levels was completed on the 22nd inst., and back stoping is now being carried on North and South of the winze over the 200 ft. level. The reef is over 5 feet wide and of average quality.
178,618:64
Main shaft sinking was resumed this week, 80,607.85 the work being done by two shifts of four men 22,889:26 each, afternoon and night shifts, as the engine 7,842.10 is required during the day shift to haul stone 1,538:57 from the levels. We anticipate striking the reef in the shaft at about 41 ft. below the 200 100:00 ft. level chamber, but it will soon go out of the 9,688:85 shaft, and good ground will be met with until 10,198.65 the reef is out. Our present output is 100 tons 704.45' per week; this will be increased so that the battery may be kept fully employed, that is, if $292,762:97; rain comes shortly, and the dam is almost empty
now.
· ́20,069.25° A cleaning up of about 260 tons will take 13,444.88 place to-morrow, and crushing resumed at once.
·6,143.84· After the completion of the shaft, we will be 5,398.00 able to double our output of stone. 2,813.25 2,000.00
1,609.56
810:49
869:50
p. pro JOHN D. HUMPHREYS AND SON.
C. J. WILLMOTT.
NEW BALMORAL G. M. CO., LIMITED, 307.85 249.25
Mount MacDonald, 28th May, 1897. 00:00 Queen Mine. The contractors for the sink- 91.00 ing of the main shaft are making fair progress 81.16 considering the nature of the ground, up to 75.00 date 35 ft. having been sunk. As the ground 10.80 is improving now, they expect to make more
14814
To amount carried to profit and loss account. 27,071.70 progress. The work is being done constantly by six men constantly employed as per specifica- $79,087.05 |tions, and has to be to the satisfaction of the
R. C. Vanis
Vital T. dos Remedios
L. F. O.
V. Rocha
A. M. Roza Pereira, Jr.
D. A. C.
J. H....
P. M. N. S.
M. E. R.
R. H....
C.P.
T. P. de V. Soares
R. R. Robarts... Jose A; D. de Graca
F. H. Hyndman
Esra
8. H. Joseph
O. Baptista
A. E. Allemao
V. F. V. Ribeiro
E. M. S.
***
FM. Roza Pereira... H.
Anonymous. (For Women and
Children's Hospital)
P. S.
T. S.
M. L. Soares
J.J. Monteiro
Robarts
A. A. da Silva
H. M. Basto
A. H. M. da Silva
(T. Alonco
A. J. U. da Rocha
J. F. C. da Rocha
J. M. da Rocha
F. M. P. da Rocha...
F. Lopes
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