February 26, 1898.J

PROPERTY AND ASSETS.

Cost of estate

Machinery and plant

Cyanide plaut

Main shaft

Main and Klidah dams.

Buildings

Roads and bridges

Live Stock

Furniture at Mines

Stores in stock at Punjom

Provisions in stock at Punjom

Opium in stock at Punjom

Cash in II'kong and S'hat Bank-Hongkong. Cash in H'kong and S'hai Bank -Singapore. Hongkong Bank, dividend account 1896

Petty cash

Head office furniture

Water wheel

Amount advanced to telegraph master at

155,000.00 48,000.00 12,265.36 10,000.00

8,000.00 0,207.75

CHINA OVERLAND TRADE REPÓRT.

WRECK OF A BORNEO COASTING STEAMER,

According to advices received on 19th Feb. the Saba Steamship Company's coasting steamer Saba, which was built by Messrs. Geo. Fenwick 2,000.00

& Co., Limited, ran on a reef while on a royage 355.00 076.54

from Sandakan to Lahadata. There were 30 19,169.57 deck passengers on board at the time, but fortu. 1,422.07 nately they and the whole of the crew were 2,246.69 saved. The vessel became a total wreck. 1,391.51 7,851.15 1,556.83 94.12 3.1.60 8, (0.0)

17.92

Kwala Lipis

Accounts receivable :---

Balance of a ̈ount sales, July

mill and Cyanide gold

$418 26

Amount advanced on September

mill and Cyanide gold...

9,035 26

$292, 99.66

9,451.55

WORKING ACCOUNT, 1st October, 1896, to 30th Septex-

1

To cost of mining

To cost of milling

To cost of caleining

To cost of cyaniding

Insurance

To sundry charges:---

Travelling expenses

BER, 1897.

Dr.

$84,310.54

25,437.72

10,275.09

24,829 18

$1,194.68

2,343 22

Upkeep of police

1,941,6.

Charges on gold shipments

1-292.8

1-46 47

Tob Kaya at Lipis

361.00

To head office expensos

To legal expenses

To telegrams...

Gold purchases

To Gubau prospecting

To manager's salary and office expenses at

Punjom

To agency fees and general expenses at Punjom

To Royalty to Sultan of Pahang

To Royalty to Cassel Co, Glasgow

To surveying expenses.

To directors' fees

To hotel and hospital expenses

To auditors' fees

To land cultivation

To transport accoun

To value of stores destroyed by flood in Pekan

godown

To exchange

To assaying expenses

...t...

To amount written off:

Punjom property

$821.78

Machinery and plant

2,623.15

Main and Klidah dams...

266.85

Cyanide plant

8,453.39

Roads and bridges

5,439.93

Live stock ...

2,2.:5

Furniture at mines

371.22

Water wheel

762.45

To balance

Less dividend

Cr.

$

C.

124,852.43

7,273.05

We learn that the deck passengers and crew of the wrecked coasting steamer Saba had a terrible experience after they left the vessel. They were afloat five days in small boats and suffered great privations before they succeeded in reaching Sandakan. An enquiry into the wreck was held and the master of the steamer

was exonerated from blame, the weather being very foggy at the time and the current an un- usually strong one.

WARLIKE PREPARATIONS IN INDO-CHINA.

We translate the following from the Avenir

du Tonkin-

We have already announced the arrival of the vessels to reinforce the China squadron. Orders have since been given by the Ministry that from six to seven thousand men are to be held in readiness for any eventuality. Work is actively proceeding in all the garrisons to complete the armament so that the troops may be ready to leave at the first signal. Melinite shells and other munitions have arrived. The effective of the artillery to embark would he a battery.

From another source we have received the 5,397.78 following information:-Admiral de Beaumont arrived on the 11th Feburary with instructions concerning the island of Hainan. A company of tirailleurs and a company of Marine Infantry are leaving for Monkay.

50 J 00 486.29 4, 12.13

1,934.61

5,523.14

12,813.58

2,162.64 1,048.12 2,50 4,00

The Courrier d'Haiphong of the 17th Feb. states that a detachment of 73 men, belonging to the 10th Regiment of marine infantry, left 15: Haiphong on Friday, 11th February, for 964.79 Quang-yon, where they will reinforce the 9th company, which is already in garrison there and which will go to Hainan in the event of that place being occupied by the French. The total 108.62 strength of the 9th company at Quang-yen, is

now 330 men.

416.99

6,799.03

615.0

221.63

20,74 .90

9,537.75

$234,162.84

$

27,019.8 |

By balance from the last account $42,677.61

By gold account :-

Proceeds of gold won by milling 156,791.66

Proceeds of gold won by calcin-

ing

18,935.00

Proceeds of gold won by Cyanid.

ing

26,509.52

Ry interest

By transfer fees

By license fees

By profit on sale of shares

By profit on sale of stores

By profit on sale of opium By profit on sale of provisions

$7,730.51 3,070.78 1,:99.12

15,657.81

202,236.18

219.99 178.36 151,00 3,721.09

12,000,41

(234,162.84

The Secretary of the Punjom Mining Co., Limited, advises us that he has received the following telegram from the Manager of the Company's mines in Pahang-The cross cut at the 300ft. level is beyond the line of reef. There are many leaders. The leaders appear to be leading east towards the North and South Lode. Quartz coming in face of North shaft. I consider the prospects most favourable."

HONGKONG.

As during the week preceding the last mail the weather became damper day by day, so this week the weather swerved round in the other direction and became drier each day, until yes- terday there was not a single cloud or sign of mist, and the sun burst out and made the crisp, cold air quite refreshing. News has been plen- tiful during the week. The off" day of the Races was on Saturday and, notwithstanding the wet weather, the numerous spectators mani- fested considerable ardour in each event. In the evening the Hongkong Amateur Dramatic Club successfully produced Duchess of Bays- water & Co.," and "A Pantomime Rehearsal." On Monday the pieces were agsin produced, and to-night it is intended to put them on the boards for the last time. The interesting share case, Gorham

Ben- jamin, Kelly, and Potts was concluded on Wednesday after a bearing lasting eight days, the jury returning a verdict by a majority of four to three in favour of the defendan's. The Legislative Council had rather a long meeting on Wednesday, the chief point under discussion turning on the assertion made by the Hon. T. H. Whitehead that certain minutes were not accurate in form. The issue of the China Loan on the London market has of course given con- siderable satisfaction in the colony. An enter. tainment given by the Powerful dramatic com- pany on Wednesday night was much enjoyed. If the great cruiser's engines are faulty the same at any rate cannot be said about the ship's dramatic company. Ou Thursday the Sanitary Board held a meeting, and au important report bearing on the milk supply of the colony was laid on the table. During the week shareholders in the Dook Company and the Wharf & Godown Company held meetings.

157

nor's summer residence, is advertised for sale Craigieburn, recently occupied as the Gover-

by public auction. Several other lots of Peak property will be offered at the same time. The sale takes place at Mr. Lammert's auction room

on the 1st March.

H.E. Admiral Buller left by the P. & O. steamer Ganges on 19th Feb. for home. The Admiral on taking leave of the men on board the despatch vessel Alacrity on Saturday was deeply affected and repeatedly expressed his great regret at having to leave them.

Inland lot No. 1,465, situated on the McDon. nell Road and containing 14,462 square feet, was sold by public auction on Monday afternoon, 21st Feb., on behalf of the Government. The annual Crown rent is $100 and the upset price was $1,735. The purchaser was Mr. A. Denison, whose bid was $1,760,

On Wednesday afternoon Colonel Retallick gave a lecture to the Odd Volumes Society entitled the "Habits and Customs of the Sikhs." Colonel The O'Gorman presided, and there was & good attendance. The lecture was an ex- tremely interesting one. The racial character- istics and manners and customs of the Sikhs were described and their steadiness and loyalty as soldiers warmly onlogized.

The Russian cruiser Rossia, which bears a strong resemblance to our own Powerful, arrived on 22nd February from Europe. The Admiral Nachimoff also arrived from Japan. The Rossia will leave Hongkong shortly for Vladivostock, calling at Nagasaki and Port Arthur. It may be interesting to mention that the Grand Duke Kerel Wlademerowich, a first cousin of the Czar, is a midshipman on board the cruiser.

Lieutenants

On 18th Feb. the P. and O. steamer Shanghai sailed with the 12th and 35th Companies of R.A. on card, their destination being Singa pore. The officers who left were Major Han

am, Captain Simmonds, and Cruickshank and Head. There were 152 N.C.O.'s and men, 6 women, and 13 children. Captain Welman, A.M.S., 76 N.C.O.'s and men, 10 women and 16 children of the R.A., R.E., West Yorks, Royal Lancasters, Army Ordnance Corps, also left, some for discharge, others for transfer to army reserve, while the remainder were invalids for home or for transfer to Egypt, Malta, and Gibraltar.

The annual sale by auction of race ponies was held on 22nd February by Mr. T. Hough in front of the City Hall. There was a large attendance and bidding was at times very brisk. The following were some of the prices which were fetched.-Glendubh, $45; Tantivy, $70; Castanet, $150; Codfish, $165; Viceroy, $65; Digby Grand, $220; Silver Bell, $145; Jack- daw, $75; Reverse, $65; Aspirant, $70; Foeman, 105; Statesman, $145; Bannerman $165; Springfield, $90; Rubio, $140; Beachtree, $60; Circuit, $60; Beechnut, $165; Honest John, $60; Oliver, $240; Allington, $95; Ingoldsby $80; Bluefire, $90; Fortunatus, $110; Game- cock, $140; Prior's Wood, $55; Shetland, $40; Provost Marshall, $50; Bickleigh, $250; Hector, $145; Bullfinch $75; Display, $80; Saucy, $50; Slander, $110; Greenfinch, $110; Mulatto, $60 ; Mausachte $130: Feste drauf, $60;. Tocsia, $250,

|

The wishes of the Justices of the Peace às ex- pressed at the meeting recently held with reference to the sale of deleterious liquor have. been complied with. Saturday's Gazette contains the Acting Governor's commission appointing the Hou. H. E. Wodehouse, C.M.G., Dr. Hartigan, Mr. H. McCallam, Mr. J. J. Francis, Q.C., nud the Rev. R. F. Cobbold, M.A., "to ascertain whether any and what descriptions of crade, inferior, adulterated, or deleterious liquors are imported, manufactured, or sold, and by whom and to what extent, and what measures may usefully be taken to impove the laws and to check the importation, manufacture and sale in licensed houses and elsewhere of sach crude, inferior, adulterated, or injurious liquors." The Commission is to have all such powers as are rested in the Supreme Court with respect to enforcing the attendance of witnesses and examining them on oath, affirmation, or otherwise; compelling the production of docu- ments; the punishing of persons guilty of contempt; and the inspection of property. The examination of witnesses is to be held in private. Mr. Frank Browne is appointed Secretary to the Commission.

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