Page
November 5, 1898.
saying he did not wish to be mixed up in the case. He should have liked to have got some other architect.
Commander Hastings-Your client got an order to complete certain drains. He did not do it and he was fined $25 and ordered to complete the work within 30 days. He did not do it, but as soon as he has $10 a day to pay he gets it done in 13 days.
Mr. Looker said his client did not execute the drainage himself. He had to rely on the Chinese contractors, who had to rely on the people who supplied the pipes.
The Chinese contractor said he commenced the work on the 16th September, but he had to wait three and a half weeks for the iron pipes, which were not delivered until the 19th October. It took him two days to put them in and finish the job after they were de- livered. While he was waiting for the pipes he got on with the work as far as he could.
Mr. Looker repeated that his client had to rely on Chinese contractors, adding that there was no evidence that if he had gone to some of the contractors approved by the Government the work would have been done sooner. He submitted that the work having been completed a small fine per day in- stead of the full penalty would meet the case.
Commander Hastings-There is not one re- deeming feature about the case. You will be fined $10 a day for each day in default- total $70.
THE MAGISTRACY FAREWELL ADDRESS TO HON. H. E. -WODEHOUSE,
MR. WODEHOUSE'S REPLY. The following reply has been received from the Hon. H. E. Wedehouse, formerly Police Magistrate, by the members of the Magistracy
staff-
To Messrs, C. W. Duggan, Ng Kwai Shang, and the signatories to the Magistracy Ad dress.
|
Gentlemen,―By the last mail I had the hon- our to receive from you a farewell Address signed by past and present members of the Magisterial Staff upon the occasion of my re- tirement from the Civil Service of Hongkong in which, for some sixteen years, I had served as Police Magistrate.
I am extremely grateful to you for the kind and sympathetic terms in which you have alluded to our mutual relations with each other, and for the handsome Address in which you have conveyed to me your sentiments.
CHINA OVERLAND TRADE REPORT.
S
rich quality. We are raising stone now fast from this claim.
Rise and Shine Shaft.—This is
is down to 123 feet, and we are now busy sinking a well hole prior to opening out on the reef. The latter is fully 5 feet wide in the north end and about 3 feet wide in the south, with every indication of getting larger with greater depth. The stone carries a lot of mineral, besides about one ounce per tou of free gold, as far as the dish prospect enables us to judge.
Bank of England Mine.-I have let a con- tract to drive north an this large lode. The reef in the northern end is at present 9 feet wide, whilst it is only about one foot in the southern end, where the floor has pinched it almost out. I have three men driving south to see where it is going, and I have no doubt that the lode will also be here very large again once we get away from the floor. I am pushing on the development work here with all possible speed, as we shall be able to draw very large quantities of ore from this mine for our battery.
Caledonian Mine.-I have stopped the work here for the time being with the exception of half a shift to keep the water out of the shaft.
Battery Work-Is proceeding as fast as pos- sible. The boxes are in position and as soon as all the foundation timber is fixed the worst part of our work is over. I hope to be able to start next week with the battery shed, for which the timber is now arriving. The weather keeps very dry.
NORTH-CHINA INSURANCE CO.,
LIMITED.
The seventh ordinary general meeting of the above was held at Shanghai on the 25th October. Present--Messrs. A. McLeod (Chairman), E. Lavers, E. Davis, J. Welch, H. R. Hearn, C. Holliday, W. D. Little (Directors), W. H. H. Sonne, N. E. Moller, J. Stenhouse, H. W. Anderson, L. K. Davis, H. Adams, Qua San, Pilcher, and Alex. Ross (Secretary).
The notice convening the meeting having been read,
373
JELEBU MINING AND TRADING
CO.,
LIMITED.
to Aug. 16th, 1898) is presented by the directors The following half-yearly report (Jan. 22nd
to the shareholders of the Jelebu Mining and Trading Co., Limited-
Jelebu Alluvial. As will be seen from the working account, a profit of $10,661 has been made during the half-year. This result is especially satisfactory as the capital employed in this branch of the business has only been small.
Jelebu Rin Lode. The expenses for the half- year amount to $11,559, which, together with the previous expenditure, brings the total sum stand- ing to the debit of the account to $33,286. Though about $51,000 have been spent on the lode, it is only valued at $33,286 in the Company's books, which amount is considered a good asset. During the period under review, the prospects of the lode have improved considerably. A cross-cut from the 110 feet level intersected the lode 22 feet from the shaft. The lode is well defined and in places over 6 feet thick, and assays, which have been made of unpicked ore, give the satisfactory return of 3.60 per cent. of metallic tin. According to the Mine Manager's opinion, it may safely be assumed that the lode will generally increase in depth both in size and quality of ore. This opinion is confirmed by Mr. Williams, who inspected the lode on be- half of the Company. An extract from his re- port has already been published for the informa- ion of the shareholders. In view of such pro- mising results, the Directors have ordered a ten head stamp battery together with the neces- sary dressing machinery, and they hope to have it in working order early next year. If then, as they expect, the results are satisfactory, further ten head of stamps will be ordered.
Maliwun. This Concession has been returned to Government and all work has been given up, tors efforts to dispose of the concession and as- for resons stated in the last report. The Direc
sets as a going concern have not been successful and though all stocks, stores, and some of the plant have been realised, the Company's build.. ings and furniture, valued by the Manager at $10,000, are still unsold. These assets may be thought it advisable to write off their whole disposed of at any time, but the Directors have book value except the sum of $1, to serve as a nominal record. The total loss to be written off amounts to $56,640. which is detailed in the profit and loss account
The CHAIRMAN said-Before asking you to pass the accounts it will, perhaps, be desirable if induced the directors to call a meeting in Octo- I give some explanation of the reasons that have ber instead of in April of next year. The chief object in having a second meeting in this year sometime past thought desirable, that is to hold is to inaugurate a change which we have for the annual meetings in the Antumn instead of iu the Spring. As you are aware our accounts are It is with the greatest regret that I sever when business is conducted on such a keen com- closed on December 31st, and in these days, my connection with a staff with whom I have petitive basis and profits are consequently pro- served for so many years, and to whom I amblematical, it is almost impossible to estimate indebted for so much assistance and harmonious closely the result of the year's working so early considered to be in a sound state promising well
are run off before October.
co-operation.
I beg to convey my best thanks to all for the outstanding liabilities, the greater part of which as in April, when there are usually very large unfailing courtesy and zeal with which the im portant duties of the Magisterial Staff have that there may not be more than a year's But in order been carried out, and I wish particularly to in-interval between the annual meetings of 1898 clude in my acknowledgments the able and hardworked interpreters who so admirably and unweariedly assist the Magistrates in the dis- charge their judicial functions.
and 1899, it was thought desirable to have the meeting in October, and in future the annual meeting will be held in that month. It is not necessary to pass any special resolution to this
Accounts.-After writing off the usual depre- ciation and the loss on the Maliwan undertak- ing, there remains at the debit of profit and loss $38,963 your directors propose to carry forward. account the sum of $86,773, which together with General. The Company's affairs may now be for the future. The alluvial working referred to above is conducted on a thoroughly safe basis expected. Operations in this branch will be and regular good returns may be confidently extended as soon as the Company's finances will admit. Maliwun having finally been closed, the full attention of the Directors is now devoted to the development of the Rin Lode. The work- ing of the same, if the future prospects of the
results as to again permit of the distribution of dividends in not too remote a time notwith- standing the heavy balance of loss at the Profit and Loss account, which, as already pointed out in last report, need not be entirely recovered, if future events justify putting a higher value on the lode. Mr. A. Reid resigned his seat on the Board owing to his departure from the colony. Mr. D. P.MacDougall was elected a Director in place of Mr. A. Reid.
Wodehouse has received with great effect, as the articles of association merely require mine are as good as anticipated, should yield such
and
H. E. WODEHOUSE.
pleasure your kind expressions of goodwill to- wards her, we both unite in wishing you all an honourable and successful career. I am, Gentlemen, Yours very faithfully,
September, 30th 1898.
GREAT EASTERN AND CALEDON
· TAN GOLD MINING CO., LIMITED.
Messrs. Lutgens, Einstman and Co., the General Agentes, have received the following report from the manager at the
Great Mastern Mine. - 1. have called tenders: for a rise of 50 feet on the reef, so that we shall be ready for stoping when the ore from this mine will be required. We can continue driving later on, and this and the stoping out of the reef can go on at the same time without that the men,are in each other's way.
Zulu Mine.—We have driven on the reef south 7 feet and north 14 feet. The reef is a little irregular, and will probably pinch and bulge out inats course. At present it is about four feet wide, and the stone is of the same
that the general meeting shall be held once a year. We therefore hope that the change will meet with the approval of shareholders, as it is the course adopted by most other insurance offices. With reference to the accents, you will see that the year 1897 has been closed by a payment of 10 per cent. interest to shareholders and contribu- tory dividends of 10 per cent. to those who gave us business. The balance of $18,210.38 has been brought forward, and there is a credit balance of $237,642.60. This, in a year which has been a very disastrons one for all under- to compare the year 1898 with the previous writing, is very satisfactory. It is impossible
year, as is usually done, as the accounts are only for six months, but we hope with this cre- dit balance and the continuance of a moderate amount of good luck that we may be able to present a statement of account entirely satis factory to shareholders.
2
There were no questions asked, and the report and accounts, as proposed by the Chairman and seconded by Mr. H. R. Hearn, were adopted unanimously. This was all the business. Mercury.
A special telegram to the N. C. Daily News, bilisation of the various corps of the Peiyang dated Peking, 23rd October, reads:The mo
Administration round about Peking, Tientsin, and Shanhaikuan was in consequence of the as- sembling the other day, at Taku, of the various warships of the Foreign Powers, and chiefly through the report of the notorious General Yuan Shih kai to the Empress Dowager, stating that the movements of the British fleet were so threatening as to indicate a probability of the British Admiral marching a strong force to Peking and effecting the restoration of the Em- peror Kuang Hsu to his throne,