February 17, 1908.]
Mr Dryasdust's Coxcomb 11st 12lbs ...
(Me Dupree)
Mr John Peel's Homocea 10st flbs
(Mr Larga) Mr Marshall's Nutmeg Tres 18 Hbs
CHINA OVERLAND TRADE REPORT
The following are the analyses of owners, jockeys and ponies for the meeting
OWNER
(
Mr Buxey...
Mr Johu Peel
0
Mr F. B. Marshall Mr Lanset
(Mr Marshall) Mr Buxey's stable did well in the Champion Stakes, his Spring Rose winning an excelleut race, with York Rose following, Homocea took the lead at the start, aud followed by Nutmeg Tree the pair gut a long WAY abead of the field and continued to lead it nutil the footbill stand was reached. Towards the incline Spring Rose lesseurd his distsuce froin the leaders, getting into a gond third position at the beud. Entering the straight the three Roses were in the lext, and as le føre mentioned, 8p ing Rose brought off the race, York Res. Leng second, half a length behind, and Kir wood third. Tim-2 min. 36 s-cs, Pari mutual payments were-$7.40 for a win; $6.10 on the first pony; 829 ou the secured; and $8,89 on the third. The cash sweeps paid $7189 on the first pony; $2054 on the second, and 81027 on the third.
THE NIL DESPEKANDUM STAKES. - A Sweep- stakes of $5 with $30 addwl. Second to receive $100; and third $50. For Chies ponies, subscription griffius of this 88 18:00 1907 1908 that live run and not wou at this meeting. Weight for inches as per scale. Jockeys who have never had a winning mount in Hongkong, Shanghai or Tientsin allowed 5 lb. Five Furlonge.
Mr Lanark's Glentui 10st 12lbs (Mr Gegg) Mr Willgriff's Butterpunch ist
(Mr Raid)
Mr G. C. C. Master Mr Dry indust
Mr Eilis Kado rio Major Parker
Mr W. G. Clarks Mr Lanark
Uuel Sam
Mr T. S. Forre-t Mr Willgriff Mr Alex. Moir Mr bristiani Mr G. U, Moxon
Messrs. T. F. Hough and R.
Shewan.
Mr J. Armstrong
Yr G. K. Hall Brutton... Mr M'Donnell ...
Hon. Mr F. H. May and Mr
M W. Slade ..
Me Loland Mr Kourick
JOCKEYS
Mr G. C. C. Master..... Mr Johnstona Mr Vida
str legg
Mr Du rea
Mr Reid
Mr
larke.
Mr Hayes
Mr. F. C. Master
(1
Mr H. Seth
Mr Hickm
Hon. Mr. F. II, May & Mr M. W. Slade's ..
Mu'steer lost 10lb (Mr Heatheat) 3 Mr Armstrong's Skirbeck 10st 1:31bs
(Mr Hynes)
Mr Buxey's Stripul R
104 Abs (Mr G. Master) Mr Cockey's The Ditch Fist 7ibs (Mr Large) Mr Dryadast's Pilgrim 193 Hib- (Mr Dupree) Mr Elbee's Hilarius 10s! 91be{ or R. Mastor) Mr T. S. Forrest's Renfrew •st 2lbs (Mr Morfy)
Messrs H. M. 1), & B,'s Rodavní 1st 191üs (Mr Marshall) Messrs T. F. Hough & R Shewan's 11st 1lb (Mr Hayes) Mr Hurstham's Repentance 10st 12lbs (Mr Clarke)
Mr Loland's Suulight 11st 115
Me Large
Mr Heatbeuta
()
PONY Spring Rosa
0
Jubilea Rose
Fleetfoot
Rubber Trea
Nutmeg Tree
U
Quorp
(Mr E. Seth) 0 Mr F. B. Marshall's Gum Tres Jud 1206
(Mr Vida) (
Mr G. C. Moxon's Vexation 10st. Hebs
(Mr Hickman) ( Mr G. C. Moxon's Resiguation list 1lb
(Mr Johnstone}
Mr Rodcar's Finesse 11st 4lbs
York Rose
Sofrano Rora
Glorious Regs
Kirkwood
Kirk ichal Panjabi Palm Tree
Mystic Astral
(1
(Mr Jordan) Mr Rodoar's Chicane 11st Ib (Mr H. Seth) { Mr Smith's Quicksilver last 1315s
(Mr Roberts) ( There were no fewer than uiueteen starters in the last race of the day, a five furlong scurry. The flag dropped on a good start, and the first. pony to appear in sight from the tootball ground was Glenlui was who wellahead of the field. With the exception of a few laggards the rest encod As far as the village in a bunch. Then a few of the foremost settled down to a fast gallop, bat Glenlui bad made
the most of h start and passed the post A few lengths ahead of Butterpunch, who was closely followed by Muleteer, Time -1 min. 18 secs, The pari mutuel paid $51,80 on the winner; $1464 on the first pouy; $10,20 on the second; and $42.40 ou the third, Cash sweep payments werg $1619.10 on the first pony; $162.60 cu the second; and $231.30 on the third.
His Excellency the Governor has given lus assent, in the wine ad on behalf of His Majesty the King to the following Ordinauers passed by the Legislative Couteil: Ordinance No. 2 of 1908. An Ordinates to fael tate the ndшission in evidence of statutes pissed by the Legislatures of British possessions and British protectorates, including Cyprus; Ordioxivos No. 3 of 1908.—An Ordinance to authoriz· the removal of Fire Insurance Companies from the Register of Companies in certain cases.
Mohawk Chief Lowlander Glenlui
Carremh
1) llixuce
Humecea Kirkpatrick Patrick's Pride Pige Tore Forfar Grey Tick
Black Princo Rose Blue Nile
Butterpunch
Strathnairu
KirkmaleÊN
Dru-ck-b-rg- Resignation Bduchi Chief Ardpatrick Shirbeck Sidier Dhu Corrin Kircudbright Cherok Chief Soptima Manchurian Chief Muovi Chief
Felingt in Silverlake
['a' Lancaster Rove Higan Heather Starlight
Musclef Muleteor
18T 2ND 3RD. I
9
5 3
6
6
6
6
4
3
1st 2nd 3rd.
H 5
* 8
6
3
1
1ST 2ND 3RD.
3
•
1
COMPANIES.
115
HONGKONG AND SHANGHAI BANKING CORPORATION.
The ordin ry half yearly general meeting of shareholders in the Hongkong and Shanghai Banking Corporation was held at the City Hall on February 15th. Mr G. H、 Medhurst presided, and there were also pr seat Hon. Mr. II. Keswick, Mesars. G. Fries and, A. r noha, C. 1.. Lenzmano, A. J. Raymond, E. Shellim, ! 1. A. W. Slade, H. E. Tomkins (directors), 1 Mr J. R. M. Smith (chief manager), Sir Pant Chater, Captain W. E. Clarke, Hon. Mr E. A. Hewett, Dr. J. W. Noble and Messrs. P. G. Barrett, A. J. Williams, John Barton, E, H. Hinds, J. Orang-, A. G. Wood, R. Fischer, ". 8. Kadoori, A. F. Smith, J. A Jupp, W. H, Wickham, Murray Stewart, . H. Micba-l, 12 Berindosque, H. N. Mody, F. Dodwel', A. Haupt, F. Maitland, G. M. Smith, R. «. Hynd, J. T. Douglas, A C. Hynes, r'. Smyth, D. Laudale, C. H. Rose, H. Peroy Smith, H. E. R. Hunter, W. Dunbar, J. F. Wright, T. W. Hornby, W. 3. Juokson, J. C. Peter, C. W. May, ato Fook. La Cheung-shin and Lau Pun-shiu.
The CHIEF MANAGER read the notice con vening the meeting.
The CHAIRM N having read the report already published, said: -Πmilemsu,
t'he past half-year has witnessed a s ́eady decline in the price of silver and sudden and severe Auctuation in the rate of exchange betw-ou China and gold asing countries: it bas bien, throughout, a period of anxiety to all connected with the East. Nevertheless your Directors have the good fortune to o ma before you with the very satisfactory report which I have just rand, and I hope you will approve of the way we propisa to apportion the profits, vix :—a divid nd of £2 per share on uld shares, a pro rata dividend, or £1. 10s. per slate, on new shares, plac, 35 laos to Silver Reserve Fund and Carry forward a sum ofabout $21 laos. It my be thought by some that, cousi lering the profits realized, a larger distribution to shareholders might have been made, but, with the xprivucs of past yours bring in mind the present dullness of trade in the East, the unessiness still prevailing throughout the commercial world and the unsettled position
ધર્મ
in
silver, your Directors consider that still further building up the reserves they are acing in the fiue fateraxis of the shareholders (appl«u...-). Another reason for increasing or purses at this time is that notwithstanding the increase of cipital; the dividend is rais d from 41 15 - to £2, which we beliere will be considered more satisfactory than a bogus (applause). By adding to the Brok own r-sources,
I W proposed, I thinx w may reasonably hops to maintain the half yearly £! dividoud (applans). The issue of the new shares anthoriz «d at the extri- ordinary meeting of shareholders beid ou the 31st May last has been completed. The calls have been fully paid up and tus digital now appars in the bilang shot as $13,900,000, thus marking a new or in the history of the Bauk Part of the premium derived from the issan has been invested in cousos of a faod value of £it:,901 and this lus permitted as to increase the Starling reserve faad by £500,000: the balance of $1,2,0,000 has been If you carried to the Milter Rwerre Fund. pase the accounts now b-fare you our Starling reserve fund will stand at £1,50000x and our Silter reserve food at $13.500,000 -■ really strong position which I am sure all our suppɔr- ters will be glid to see, and which onadot fail to incr- the Bank's usefulness in dersloping the foreign trade of the East. A comparison of the present figure with those published six month ago, show that our nuta circulation, at $157 lacs, is less by 24 laos Cur ent accounts an i fixed deposits 10 silver hare both morwased, while the same accounta lu gold are down about £1,000 (60 the reduction being chiedy and usturally due to the high rates for money ruling in Europe towards this olas of the year.
Bills payable also show a slight reduction. On the other side of the account our cash and ballion in haul and iù transit, Indian Lakro fogether, are $12 lacs lower, Government Itapos Paper and Consol-, Colouia, and other securition show comparatively little