June 25, 1898.j
ever quartz is required for our large mills. South drive 140 feet level. The lode here is smaller, being only about two feet thick, but although it is smaller it has improved in value and carries very good gold. The drive has been extended 16 feet, making a total dis- tance south of 807 feet. No. 5 south air shaft. This is now sunk and timbered to a total dis- tance of about 131 feet. For the last 60 feet, this shaft has been sunk through quartz carry. ing very good gold, some of it almost good enough for specimens or show pieces, and at present the bottom of the shaft is in quartz carrying really good gold. This ore may not be required to be milled for years yet, as it will be a long time before our stopes are up that height, but it is very satisfactory to know that we have this splendid ore in reserve. Leading Stope. This stope is going towards and under the No. 5 air shaft. The lode is larger, being about three feet wide, carrying good gold, and appears to be making larger every foot we drive south on it. This has every appear. ance of being a new make of gold-bearing quartz and is of great importance, showing as it does that we are through the bank, and are now in gold-bearing country again. No. 2 Stope.
This stope has been small, but is making larger as it goes towards the leading stope. Although small, it carries fair gold. No. 3 Stope. The lode is larger here, being about 15 feet wide of solid quartz, which carries good gold. No. 4 Stope between the Nos. 3 and 4 air shafts, continues about six feet wide of fairly solid quartz, carrying good gold. No. 5 Stope. This is hardly so large as it was, but in a few feet further south maiu in No. 3 air shaft, and where the lode resumes its proper course, I have every reason to expect a considerable improvement, both in size and quality of the quartz. Bottom level. In the north end, this is about 6 feet of solid quartz carrying a little gold. South drive. The lode continues large, but it is very much split up mixed with mullock.
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and
Bukit Jellie. Not quite such good progress has been made with the sinking owing to delays caused by the pump giving out. The depth of this shaft now is 266 feet.
Bukit Hitam.-Advantage has been taken of the dry weather to resume sinking here. A small 4 in. steam pump (the only one available) has been fixed in the shaft; and if the pump can only keep the water out it ought not to take long to sink the remaining 40 feet before opening out at say 100 feet.
CHINA OVERLAND TRADE REPORT.
BOYD AND CO., LIMITED. The following is the report of the board of directors for presentation at the seventh annual general meeting to be held at Shanghai on 28th June:-
In submitting their report with statement of accounts for the year ended 30th April, 1898, the directors congratulate the shareholders on the continued success of the concern.
The net earnings for the year, including amount brought forward from last account, on investments, and | together with returns
allowing for all known liabili ties, stand at
Less directors' and auditor's
fees
•
40
513
person of one of the competitors last Saturday Etiquette rule g. A player should not put at the hole when fag is in."
:
The following are the details of the returns sent in
Mr. G. Stewart Dr. J. A. Lowson
Mr. P. A. Cox.....
46 41-87 3 84 * 40 47-87 0 87 1st prize 53 56-109 18 91 2nd,
49-104 8 06 02-114 18 96 53-107 11 96
52
54
Mr. H. L. Dalrymple... 55 Mr. E. E. Deacon Com. Taylor, R.N. Capt. R. M. Ramsey, R N. 54
Mr. P. da C. Morriss Mr. E. F. Mackay Mr. J. Thurburn..
54
62-106 - 8 98 53-107 8 09 55 60-115 15 100 56 57-112 11 101
Tls. 196,285.40
TIs.
Tls. 193,985.40
2,300.00
60-115 11 104 Mr. G. Millward... Mr. H. Pinckney
57-118 8 108 Mr. W. Taylor....
56-119 10 109 Hon. W. M. Goodman... 64
67-131 21 110 Mr. J. C. Macdona, M.P, 61 66-127 16 111
19 entries.
55 59
63
The reserve fand stands at Tls. 190,000, and the directors will propose to add to it the sum of Tls. 30,000, and to make other appropriations as follows:-
1st-Amount to be placed to reserve
fund
2nd-Amount to be placed to main- tenance and depreciation ac- count 3rd-A dividend of 12% and 3%-- Tls. 15 on 7,800 ordinary shares 4th-A dividend of Tls. 117 on 200 founders' shares (-3% on 7,000 ordinary shares) 5th-Amount to be carried to new
account
Tls.
Tls. 30,000,00
15,000.00
117,000.00
23,400.00
8,585,40
193,985.40 In accordance with Clause 98 of the Articles of Association, one of the directors, Mr. C. W. Hay, will retire, but being eligible, offers him self for re-election.
The accounts have been audited by Mr. J. D. Thorburn, who offers himself for re-election.
THE ROYAL HONGKONG GOLF CLUB.
DEEP WATER BAY LINKS.
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* Disqualified owing to an unfortunate over. sight of rule 5-medal play-the latter portion of which reads: "If the lost ball be found before he has struck the other ball, the first shall continue in play."
CORRESPONDENCE.
[We do not hold ourselves responsible for the opinions expressed by our correspondents.]
WEIHAIWEI AS A FORTRESS.
*
TO THE EDITOR OF THE DAILY PRESS.
SIR,-There have been such absurd reports as to the garrison required for our new naval station in North China, originating not only with the uninformed home papers but emanating likewise from military sources, that a consider- ation of the natural strength of the place and its aptitude for conversion into a fortified stronghold may not be amiss to those who have doubts as to the wisdom of the acquisition of this base for a naval station by the present British Government.
To a naval power like Great Britain an island fortification is superior to all others provided it does not afford these two advantages to an enemy: 1st, That elevated ground on the adjac ent mainland (supposing it to be near the main- land, as is the case with Weihaiwei) commands the island, offering facilities for an attacking force to erect batteries for shelling the defensive works and garrison and likewise any shipping in the harbour, rendering it untenable by them; 2nd, That the island is of such size that the fortification of all available landing places, where the enemy could disembark troops, is out of the question, thus rendering landing easy. In both the above points Hongkong is weak, but this weakness is, fortunately, soon to be remedied by the erection of defensive works on the heights on the mainland commanding the island, and by the fortification of the south- ern shores of the island itself.
A couple of handsome prizes having been presented by the Captain of the Club (Mr. T. Jackson) for competition on the Club's country links, a party of 19 members proceeded by launches on Saturday last to wrestle for posses- sion thereof. The day was not all that could Electric Installation.-We have been favoured have been desired, a strongish gusty wind with a spell of dry weather which has helped. blowing across the links, accompanied by rain this work considerably. With the exception of squalls, making driving somewhat erratic and some rock to be blasted (at which the contrac- difficult at various points of the course, but in tors are now at work) and a tunnel to drive, spite of these climatic disadvantages a very everything is now ready for the flume and pipes. enjoyable day's golfing was spent; and much Contractors are still employed extending the interest shown in the competition. A good deal power station, all in solid rock. Advantage has of rain had fallen during the week, making the been taken of the favourable weather, and a putting greens soft and sticky and difficult to
Weihaiwei, on the contrary, is much stronger large gang of men are now employed clearing negociate, save in the case of one or two of our and making a track along the cable line, work-leading golfing lights. A much larger in both these points and thus better fulfills the It is ing from both ends.
assemblage had been looked for at one time, but natural requirements of a stronghold. consequent on various unfortunate circum-true that the island of Linkungtau, which lay- ing across an indentation in the coast forms stances, several of our keenest players were debarred from coming to the tee; amongst the harbour of Weihaiwei, is not composed of them, Capt. Montgomerie, RN., C.B., of H.M.S. such elevated land or possessed of such precipi- Bonaventure, whose ship had been ordered away tous shores as an ideal fortress might have, but where nature fails the engineer must, as far as to care for British interests at Manila.
We were, however, pleased to welcome a player possible, find a remedy for the lack of natural from the well known Hoylake links, in the strength.
Conservative member for person of the Rotherhithe, who expressed himself in glowing terms of our picturesque, if somewhat miniature, links. The course is, for the present, one of 10 holes, so that the returns given below represent the score for 20 holes in place of the usual eighteen.
Battery-On Monday, the 6th inst., we had the usual rough clean up for the past 5 weeks' work, when 1359 tons ore yielded 3,333 oz amalgam. This is the best rough clean up I have yet had and is very good, considering that 25 hours were lost during the month through stoppages owing to leakage of the boiler tubes, which necessitated as stopping and allowing the boiler to cool before men could go into it to effect the necessary repairs. The mill resumed crushing at 5 p.m. the same afternoon and has continued steadily since.
GILBERT B. WHYTE
Reports were published in some of our con- temporaries to the effect that when Weibaiwei was handed over by the Japanese, the forts and barracks were in a disgustingly dirty condition. We are assured by the officers of H.M.S. Victorious, now in harbour, that, far from this being the case, everything was in perfect order, and the cleanliness of the quarters was quite remarkable. The Japanese most kindly left all their furniture in the place for the use of the "incoming tenants" and had doue all in their power to render the place comfortable and healthy for their English successors. The latter speak quite enthusiastically of the friendly consideration shown by the Japanese.—Nagasaki Preas.
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In Gibraltar and Aden we find the ideals of a natural fortress partly fulfilled; for there stand up, alone, hills of such elevation and of to render an such precipitous slopes us attack almost a forlorn hope; on the other hand, they fail in not being surrounded by water. Malta, again, is an island strong. hold, but, while lying hundreds of miles from any shore from which an attack might be directed on it, the island is of such dimensions that, in the absence of the British fleet, an invad- ing force would have no difficulty in finding a place where troops might be easily landed.
It is regrettable to notice the amount of slackness in the observance of the rules and etiquette of the game displayed by not a few members. These, as laid down by the "Royal and Ancient," are really so simple, if read in the light of common sense, that the very slightest
There is, as far as the writer recollects, some attention to, and strictest observance of, them would greatly enhance the interest in the royal elevated land on the coast adjacent to the game, as well as promote improvement in play island of Liukungtau, on the shore of the western entrance to the harbour, but though: and remove doubts which occasionally arise as to the accuracy of returus, doubtless made in somewhat more elevated than the island the all good faith" and in ignorance of the estab-elevation is not such as to command the lished rules.
A rule of etiquette may be cited here in connection with the above remarks, and fit the
island forts; bad it been so the Japanese would have, in their attack on Weihaiwei, availed 'themselves of this vantage ground to shell out