sobama, which has alrealy received the aasant of Gavernment is carried ont, and I can ane to ronson why it should not the value of our property will be greatly enhanced. Gentlemen, I have nothing fartime to say, but should any shareholder have any gallon to put I shall be pleased to give the desired inforation as far as lies In my power,
Fear.
Mr. Douzas Jones-I and that tho profits this year are less than for the same period. Inst The CHAIRMAN-No, if pan look you will see that the pits for the past six months exced those of the previous buli-year.
Mr. DOUGLAS JONES-1 am referring to the correspoading period in the previous year.
The AIRMAN-I bow, your patlan. Mr. DOUGLAS JONKS-I am ad to as the profite for the last six months show se increase on those of this praeeding six months. I have hom away from the colony for some time, and I Lust therofore nak your pardon for patting so many questions, but I should like some explanation as to the arbitration account which appears in the
statement.
The CHAIRMAN -In May, 1885, Mossra. Danby and Leigh brought as netion against the som pany for goods supplied, and the matter was re- ferred to arbitration. It was decided thit na receipt of proper vandhers showing that the goods and on applied the surt in dispate was Lo be paid. This condition has not pot been fulfilled
Mr. Dovelas JONES-There is another amali arttar that I noties in the account. I do not begrudge the amount atated, las I signald like to kuns why tus muugut for salaries bas increase 'during the fast balf year 60 per cent.
MAIL SUPPLEMENT TO THE
* HONGKONG DAILY PRESS," . SBPFMBER 1, 1887.
constracted incont
Mr. FRASER SMYTH-Will you kindly inform us Mr. Chairman, whether with regard to the Filinings the directors intend fighting the matter but to the end?
MT. GEORGEI do not think anche question should be put to the directors.
The CHAIRMAN-I think antil a little wore
protinted
RESERVE FIND,
Corapany and trimmphantly towed them to the 713,070.13 onil of the bath.
80,341.65
03.20
147,524.75
Tu balance on Bith June, 1847
600,000
S. GAY, balance on 30th, Acting Sneretary.
Hongkong, alat July, 1897,
n.
SECOND DAY. 27th Angast The aquatic sports of the almıyo. Ordly anyon resumed on Saturday. The weather w7 904- sible, les favourable than on the prosading day, rain falling almost willont intermission. T details of the various oventsara upponded:- 1-Swt IFE WATER (Two Primesi
HE HONGKONG AND KOWLOON.
WHARF AND GODOWN COMPANY AND MB, KAW HONO TAKE.
Years truly. (Signed) Woo LIN YUEN. The Hongkong and Kowloon Wharf and
Hon. C. P. Chator.
I am.
Godown Co., Limited. Hourlong,
96th August, 1387.
Dear Sir,
Your obedient servant,
ISAAC HUGHES, Sporetary,
VICTORIA RECREATION OLUB AQUATIC SPORTS, 1837.
FIEST DAT. 26th August.
The aquatio spacts of the above Club were com
محمد
R
This race was done in good tiwa, the men, re-
Lammert, the seratet man, wover, managed to overtmul bie opponents and veme in first.
Tammert
H. Artlar (3 se
3. PLUNGE (Two Prizes)
+
Futrien-Lammert. W. Don nen. F. Lam-
murt, J. Friedricha, M. Friedricks.
Result
J. Friedrichs
M. Friedrichs.
(Two Prizes)·
1
<
BOARD (Two Prives) Who, entries were:-F d'Almada, M. Fried- rishs, J. Friedrichs, P. Lammert, F. White.
Bone very good diving resulted from this somposition. As in the previous day, the d^, cision as to the prize winners was somewhat dient. It was decided that M. Friedrichs. F. White, and d'Almada should make another trial, In this fiual, White, who had all along been doing splendidly, unfortunately spoilt his divo, and Friedriels and d'Almada were diclared first and second man respectively.
3. Priedrichs Filmada
6-CosSOLATION RACE:
Prizes
lengths. Two
of the oldest and minat respectable Arum in the fature there is no doubt the Bank will have to accounts to 30th June, 1887. There were pro may not agree with me. I do not onre hathor By preader-insurances and return
you do or not, but you mast talco thèse things
By inter*****
sotme pageshack Philippines, with which the Bank has bad satis be managed most economically, and that the saut:-Mr. C. D. Battalsy (Chairman), Hon. fuatary basiunse relations for many years. Fro- Directors will have to do their utmost to enable J. Ball-Irving. Hears. M. Grote, G. L. Woodin, into onusideration. Then again I would call Dy kransler from
as oven to koop our bonds abors water. W. EL. F. Darby, H. Hoppins, W. H. Forbes, your attention to the well-known fact that By pase, amont hrought forward from
hast year... quest Inspections, the last one do by Me.
large sum Jankson, the Chinf Manager, have thoroughly trust I have said nothing offensive to the Board Poesneaker (Directors); Caot Talbot, I. Craw some of the directors have sent their work gifted the Bank's affairs in the Philippians and I certainly had no intention of doing so but I ford, G. de Champoour, D. McCulloch, F. Dad-out of the colony. Tot this the provisions made fully cover or Inspastor's think I am justified in bringing forward matters well, A. McCoasebis, J. 9. Tagga. A. S. Cohen, is taken to give to the cantribating shareholders. pronraw.endations, The other Agencies and which in the interest of the Book I think ought A Vanoher, JH: Cor, E. George, J. Again, gentlemen, how is it that when we look
Goodmann, Gomes, E. Georg. I. Drad R. around we do not find among the director: Mr DOUGLAS JONES--1 am sorry that I was Branohas of the Bank have suffered little to ho ventilated.
The OLIEMAN-With regard to safeguard. Fraser-Smith, J. Ch Rosa, Harman, J. A. presentatives of the firms who would be likely to not prearnt at the opening of your panch, but by stagnation of trade, but they are work-
There interad fe in enderF. d'Alands. have a few questions I should like to pat. The ing satisfactorily and there is a cause for ing the Bank, as mentioned in the report, it has Carvalho, F. T. P. Festor, S. C. Mishari sen, H. give work to the Company? Wo ssens represent
3. Cardeiro, J. Friedricha, T. Larimert, H. Ar- frat is, how will this reclamation scheme affect anxiety. Juspolions are taking place as been ont of the question, becauso tu paralysed Kablmson, F. D. Goddard L. Mende, A. 8.tive of Moura. Gibb. Livingston & Co. for in
atacos, nor yet of Meurs, Adams, Ball & Co. It
thar, F. Shepherd, F. Lamart, and G. C. Hay the property of the Company'
oflou as possible, and we fud them to to state of trade in the Philippines misdo it utterly Garfit, and D. Gillies (Scorelary.
The CRAINA-deathomes, with your per-bohoves at arch time as this to strong than the The CHAMA-Uatil we know a little more of good marvies: Taruing to the figaren frapossible to get carer against this loss. The
Song good inkanjon ware recorded, but owing of the details of the sahere it is impossible to of the report you will observe an increase of Bank was perfectly enfo on the gold basis, but mission I will take the report as road. The board of directors by every ronant in our power.
to the statu nf the water many of the compati- aaswer that question doitely, but in any case $1,200,000 in the deposits as compared with all at once these cironmstamens get in that figures are not as satisfactory on those pro The ulting of these gentlemen to the directors
tors were unahla to julga thoir positions carruot it must be attended with favourable results to the same print Isst year, and an incrasse of brought this about. I do not think that the man- souted when we last mat together, but the means $500. That is, that for the expenditure of the Hotel Company.
31.000.000 against the report inanod at the bogin-agamoat is to be blamed in the least-it is more work undertaken and the profits derived $50) we alould haveon the Board mom who would
We have been requested to publish the follow-y. T. Larueri aud P. Shepherd tid, each do ing one length and about a sixth. In the final Mr. Douglas Joxas-Can you tell me vlon ning of this your, which is vory antisfactory. the aircumstances of the Philippino Islands and therefrom paasssarily vary from half year bring savanty or eighty thomasad dollars to the
T. Lammert egunced the first pison. the new building will be completed ?
You will baro noon that Marine Insurance de- Lae notion of the Spanish Govorament. If there to ball year. I will now refer to the serious Company every six months. I know that it is ing correspondense:
Hoogkong, 25th August, 1887.
Result:-
T. Lammert The CHAIRMAN-As I mentioned in my sparoh, ceart has remained stationary at $250,000 for are no father questions to be asked I beg to pro-misorderstanding in gard to the crniser of little use to call your attention to these mat- Alore is every reason to believe that it will hate last year and a half, sad with regard to this pose the adoption of the report and the adonuts Pipinas. In consequence of the refusal of Histors because the directors have such a preponder DEAR MR. CHATER
Grace the Archbishop of Manila to tako delivery aves of influence text nothing can be carried with
I Gut the progoodings against Mr. Kno
F. Shepherd finished within the contract time, August next.itom 1 beg ve state that your Directors have as presented.
Mr. MOGONACHIE seconded, and the motion of the vessel, the Company has been compelled which they do not age but as the same time Hong Tako, and especially the evidence ofSHDEE RACE. 2loagths. Handicap. (Two The work progressing rapidly, and is hug created an "Officers' Good Servios Fund,” the
to institute legal proceedings in order to suforce I am certain that those eandem remarles of Mr. Coltaet,, havs oausad grasi dissatisfaction
Prices.) wall done.
want of which was very much falt on several oo was carried.
mino will bear fruit. I say this Company among the Chinese merchants in the Colony The entries for this caen wer-F. Step- The CHAIRMAN-Tho dividend warrants will the fulfilment of the terms of the contract. onions with the Bank's iucrased staft. It was
to pay more than 5 por who are supporters of the Company, abord H. Arthar. T Lammert. M. Fried- therefore decided to place all profits of the Mabe roady on Monday. That ciosos the ordinary By competent authorities the reass hus been cannot afford
I would say to share speculstore are the Company, do not wish to annoy the rich, W. Donman, P. Lammert, F', d' ́Leads, rine Insurance Acconat to the credit of the business of the masting, ant Enfore soparating I pronounbed to have baon
A. da Costa, H. F. fayllar, F. Whits, P. F. A. Ofears' Good Service Fund" until the same beg to ask your indulgence for a low minutes to every way in accordance with the terms of take warning." I know as much as mout Clios, but I think, if you could write ma should reach the era of $150,00. The amount explain a personal matter of mine, to which Mr. the agreement entered inta, and the Di-peepin kw about the affairs of the Dack Com-letter. which can be published in the papers that stee accumainted up to the prosent is 3121,000-and | Fraser-Smith has already referred. The Chinesa rectors are maab surprised and regret 'expauy. We have beard a grant deal about the in futurs reapootable Chinens will be allowed on the Nirators trust that by the and of the your Times of the 13th August contains an articla ceedingly that any dificulty should have arisan now doolt and what a source of wealth it is going the wharf in the same manner as Furepens, iteriving allows making cord non of them. T.
You will find that that look will naver would remove my friends' complaints. it will have ranched the raft rated. The under the hoading of The Hongkong and The matter has been placed in the hands of the ton.
plos of Marine Insurance Account will then Shanghai Bubking Corporation." and conples Company's Solicitors, and will come bofore the pay the intent on the monay it has taken to again be placed to the Gausral Profit and Loss ay name with it in such a soundalous and otter Hongkong Court for decision as soon as possible. haita it. The building of that dock has been account, and think that the interest only unfounded manner that I feel it my duty to In regard to the new dock, the directors have the greatest blauber, the greatest mistake the the eapital employed in the Offoxes' Goad Service Fire it publicly the most emphatic denial. For reason to believa that its cost will not axosed the Company bas ever made. Soma time ago it Fund will be sacient to meet the ordinary re some time past people in the North, for rossons sum of $730,000, which was the amount named was proposed to salarge the Abordnen dock, so quircnants of the Corporation. Bills payable unknown to her, have been spreading all sorts of by the Chairman at the last meeting in Feben as to suable it to take all classes of ships. That
Woo Lin Yuen, Bag show a inorease of early 32,001,000 against rumours about my private affairs, which sa long ory. I may here point out that the amount of could have been done at a very slight expose. the same period last year, whilet there in a fell as they referred to me alone I could well afford interest on the outlay for the new dock has this But the directors know better. They are build.
DEAR SIR, ing off against the second half year in 186. The to treat with contempt, but when my name is half your boon debited to the profit and love noisg a dock that is to cost thrs-fourths of a its cost as hero- million of dollars and from which they will
Yours of youterday's dute addressed to Mr. investments remain the same as in the Inst. reptat, brenght forward in coonation with the Bank in const, instant of being added
Chater has born laid hafora the Sub-Com--SMALL BOYS' Race, Cuder (years of age. and taking them at today's valuation they show such a alanderous way I must take notice of it toforo. Before proposing the adoption of the never got back ton dollars profit.
The CHAIEMAN-Referring to what Mr.mittee of the Board of this Company, and I
The following andard-W, Stopani, G. very handsome profit. Bills diseoanted, Lusus It has been hinted in the article referred to report and the passing of the accounts, I shall
Fraser-Smith has said with regard to the profits, an instructed to express the deep reges White, E. Lammert, A. Walinda, C. Braudt; C. and Credits bow a decrease of $4,000,090 and to that I had taken advantage of my position as be glad to answer any questions,
Mr. FRASEETH-Gentlemer, as nobody it seems to me that there is not really a great with which my. Direators have farmed of the an
Cock. $3,000,000 respectively, against the last two re- Director and had been gambling in Bank shares
The Handicapping in this raon wee, o erents ports, and this is principally das to the dulness Both insinuations are utterly false. (Applause). appears willing to pat any question, I think I differanos in cotonarison with past yours. I have warrantable treatment which Mr. Kaw Eong
In the first place, I havo nover made a single runy remark that would be just as well consulted Milies in Find that the yearsquot Taka received at the hands of the constable on showe I, well worformed. Coole and Stopani, after GE trade in general and also to the very much re-
a very tight struggle tied for the servad place. dured values of nearly all securities in the East. share transaction in Bauk stock on my own so if we had a little more information than end by Mr. Fraser-Smith were years when there duty at our West Paint Wharf.
The rules of the Wharf, approved by the GoLater in the afternoon they again routested. when Bills receivablo show a material advance against count; and, secondly, the sales of the firm I re a given us with regard to the report laid were very large profits and no new works. With same period in 1890. viz: $7,300,000, Ent the present amount to only 95 Baak saares during before na. I am sure we must have all been regard to the dividends, the matter was falig vernor in Connell, do not contemplato ang dina of the most interaction races on the pro- Framine resalted. The boys strained every nerve, fearen aro $2,500,000 loss thau ir, or last report the last five months. I will not detain you say very pleased indeed white listening to the very considered by the divnctors. The perätu for the tinctions of ram. and place the power of ex With regard to the Bank prazzises, the amount longer with this unpleasant affair, but befors sanguine expectations which the Chirr has last six mouths have not bon larre, and it was clusion in the hands of the Manager or What but no feally were the matchad that a dead of 3690,107.50 ingades the Bank's proportions at oksing I may mention that the Board, before just held out to us with regard to the Compa-thought better after writing off the most of Gnger mealy for the purpose of regalating the eats again railtol. It was therefore decided
the new dock to declara a dividend of 63 per cent. trafle. You many rest assured that in my sir that beth shonla racciva a
a prizn The CHAIRMAN What is in connection with the following places Hongkong, Shanghai, whom I ploond this matter at the last meating. Ly's future. I, for one, regret to say that I can- the commissions paid to the manager.
Hings. Amey Bogabay, Hauka, Tientsin, Bing-consider the attacks made repon me most unjust act as any grounds for such expectations, and With reference to the $12,500 for contributing cumstances in which permission is accorded tRNING HEADER FROM COPLE SPRING
I will, with your permission, as briefly as passi- af areholders, the directors are not the only por rospectable Europeans to pater, raspoclable Mr. POULAS JOWER-May Task where the apore, Manila. Sugen, and all these stand in the and unfounded. (Applause).
Chinese will not be excluded. Company intend to pat the new BEt from?, ooks at comparatively low gure and their Hna. P. BTRIE-Porhaps I may be allowed ble give you ressens why I am unable to do so. sons who bring business to the Company, and
The CHAIRMAN-Instructions have been sent aggregate value is considerably highor. Yone to say a few words on the matter Mr. Grote Mr. Bottomley just now made reference to the think the amount is not at all on exorbitant one. He has my most heartfelt arm figures in the report, whist, I belisse, if I heard | I do not think I can say anything else. Mr. to Londer, craceruiug the new lift. Mr. Bird. Directors think favourably of this kind of has referred to. of the firm of Magers Bird and Palmer, in at inrosennt, as in all cases it has proved to be apathy, and I venture to think he has the symph him rightly, wore about the same as previous Fraser-Smith has entered at obasiderable length Frost in Londen, and tenders will be laid be saving to the Bank in have its own premises. thy of the greater portion of the shareholders years as regards the relation between the gross into various matters, but I do as think I have for hirs He will select the plans that appear On Mr. Thos Jackson resuming the Chief hers. (Applause. It is a pleasure to me, and receipts and the not profit, I cannot sea that any further remark to make on them. most suitable and send them out here when they Maugrip of the Bank at the beginning of 1 am sure it in a pleasure to the gentlemen horen only say that this is the meat extra. will be inspected by ourselves and the Company's next month, Mr. John Waltor, who has so ably fill present, to see the manner in which he has coum ordinary report. I have ever en placed before It is the most extraor architect before finally deciding upon any partid his lace in the antime goes to London as forward to meet and refute the charges brought publis Company. cular tender.
Sub-Manager The Directors are glad that the against him. Applans) I do not know who dinery report I have ever seen in my life, and it Mr. DALAS JONES-I have had some moshi.services of those gentlemou, and also of Mr. the writer of those articles in the Chinese Times implies a great deal of courage on the part of the ermbloorpariance in thesmutters in travelling in Cameron in Shanghai and Mr. MoLunn in is, but I may say that his statements are very directors to come forward and lay this report different parts of the world, and I tava noticed London, have been further retained for some unjust. He has aridantly gathered them from before us. The total receipts for the six months that there is no comparison whaterer between time to come. Hafore moving the adoption of the common rumours which fost all over China, are 8535.654.10 and the profits are $119.195.29. is known of this caster it would be better to sased today when resilr eroallant form was the lifts in use in Englund and those id in the raport and scenants, I shall be glad to answer in which there is generally very little truth. I do nat kaow, gentleman, whether you have nothing with regard to it,
Mr. FRASOR-SMITя-Perhaps you are right, shown all round. Oring to the impropitions-
Istate of the wouther the attendance of spectators America. In this respost, the Americans are any question or give any information with regard Now I think it is monstrous that he should make compared this report with that of any period for
|euch an unfounded attack on the character of a the past four or five years, but I have with me sir. as far ahead of us as it is possibly te imagine, there which any nos présent way wish.
The CHAIRM-It may be as well to mou-was not, perhaps,quite so large as it would other In Amarion the lifts are larger and more com Mr. R. FRASEREMITH-Mr. Chairman sad gentleman in the position which Mr. Grote bolds, the reports since the year 1970, and I believe fortable, at I should say would cost, speaking gentlemen, I am perfectly certain overy member rn a man who is so well known to us all, and so that this year's receipts and profits soos relation that the prottsof the Flipinas have not been wise have been, but those who braved the discom roughly, about fifty per cent. less than if pur- of this Corparution has listened with great at favourably known, as our friend, Mr. Grato- tion of something nadar twenty percent. This is taken into account. With regard to the quess forts caused by the rain were well rewardul, chased Eagland. In New York the nutantion to the remarks of Mr. Grote. But it (Hear, hear, and applesaud that he should question of statistins, and it is a very important ton of admitting fresh directors, the matten will 'hare were a good armber of entries for every 7-ALISES RAC: length. (Two Prizes.) building the business premises very high noợ, seems to me that--giving him very credit for charge the Bauk with violating the rules that question to the starshollers. It isespeciallymatoonive consideration. It will be useaary to altarerout, and oach 'em on the programma was- and in almost every large business ons you making a fail and ample business statewentaro hold good in every other place. I do not fialto a Company like this whose shares are on the articles of association. but that can easily be kesuly contestart. So good, as we have said. was will fod duso lifts, and they are taken as much after what has transpired in this Colony, in know what he metas. He say "These are stantly upon the market and are made a modium done. If the shareholesara in favour of doing the quality throughout that it would be dificult as a matter of course as stairs are will ne Shaogbai, and in the North of China lately, Mr. not the times when the Bank aan afford to violate for gambling. Walt, they are made a medium, we shall be very glad to take the inatter into to pick out any single avest for special notics on The CHAIRMAN-Some months ago a manager Grote has endo what I am bourn to say I con- the ralss which have boon found necessary for abare speculation, and that amounts to the consideration, and I on any for the directors, account of its excellene. The following goatlo same thing. For the corresponding aix months that we are rory pleased to hear any expression meu kiudly officiated-Messrs. . Grimble and J. Sampson (Umpires); Major Ellis (Referee); of our of the largest lift, manufacturing firms in sider some strange omissions in his statement. in, every other part of the world.”
He has as last year the gross receipts were $796.900, and the of opinion on the subject. A morire, was staying in this Hotal and was con. There have been very serious charges publicly he know this I do not know.
Hon. J. BELL-IRYING-I think Mr. Fraser. Lieut Bramwell (Starter); Dr. H. N. Themn sulted by the Company's architect with referates brought against the Directors of the Hongkong sumed in his articlos a tone of deliberation, but ust profit 209,088. For the half year sading To the mister. He will invited to Lauder by Mr. and Sungkai ankin Enrporation-brought it strongly forces itself upon one that this is March 1986, the total receipts were $603,241 and Smith was in error when he asid there were no 30a (Tima-kauper.) The sports will be continued
details of the various evanÉ-- Bird, at I have not the slightest doubt but that by a prblio newspaper, the Chinese Times, which merely a blind to hide his antipathy to the Bauk the profit $183,692. TLoss figures show an in other companies to compare with as. There are to-day-commencing at 4-.Appended are the the lift x-leciał will be the most sailable one. is notorionly known or stated to be aither the His-ose must be a weak ouo when he goes back areans of nearly twenty-se per cent on the two in Shaughoz.
L-DIVING FOR OBJECTS (TWO Prizes) Mr. Dorotas JoREs thanked the CMMAN property of de subsidised by the wall known firm to the old story about young mea being ruined raport for the last but year, and we shall for the information given.
The following entered.-J. Friedrichs. of Jardine. Matheson & Co. That papor has by sharo speculation. Wo have been hoaring liks same explanation as to how it is, with The CHAIRMAN-I there are no further quas made certain allegations against the Directors of that for many years and I foar that whether
Friedrichs, F. Shepherd, T. Lammert, F: Lam tions, I fag to propose that the report and state this important Corporation. Yor all know what there are rings or uo rings we will hear the
meri, F. Whits, G. C. Hyward. T. Wailnes.
The objects dived for are andenps. To af ment of accounts be adopted.
those statements and allegations ara, and I think Kame story again. But I say, why single out it incumbent on the Chairman to-day, apart al- young men? why not inention the midde-aged together from any private intarent he may have men and the old men? A faagh). They apoculate Mr. LYALE proposed that the rotiring diros. in these statoucnts, to make en behalf of the not only in abares but they speenlate in merobau. tors 31er D McCulloch and F. Dodwell be Hoard either a dental or admission of the damu; diss of all kinds, produen, tas, silk, all of which ing assertions made by that paper. I to not are quite as risky as investing in good solid Thin motion was seconded by Mr. J. IL. Cox kew, and I may add that I do not care, whether eberos. The busitions in xbares in this Colony is my riowa E this point may be borne out by tho a very important one, and we should get on Fury The CHAIRMAN proposed and Mr. Josary vows of the shareholders generally, but I am badly without it. It is only when people pal seconded the re-election of Mesart. 3. H. Correy strongly of opinion that truth is the their money into wild-cab solemos, of which I a
If thing we can hare.
there is happy to say we have very for here, that it be The proposition was put to the meeting and anything blind that we are at present comes a risky business Gentleman, I have no wore to say, except that I shall be very glad if anacquainted with. let me bare it all eat, The CHAIRMAN-I have to announce that the If these allegations are re it isquite time that you will join me in a vote of sympathy with dividend warrants will be issued on Monday. some very strict investigations were made into Mr. Grote in reference to this unwarrantable
(Applause). Mr. Douglas Jones--I have much pleasure the attairs of this Corporation. If they are not attack. in propasing a vote of thanks to the Canicman true it is only due to the gentlemen-honourable Mr. FRASER-Six-I would ask M. Kyrio of the Company. He has worked very hard in gentle awon i am sure eated as that table to to alter his resolution as that it should be, instand
form, distanze, entry, and recovery. The com cf shares hekl. That proposition is the ono to our intervsis, and a great deal of the Roccass of rive a dicct and emphatic danial to the public of a vote of condolenes, a hearty vote of thanks.
petitors ware so very close that it required art to Friedrichs. La presenting this the company is due iù his efforts
statements and charges made against them in Whatever I have said has two said conscientious pay a dividend of 6 per cent. It is, I believe,
CHINA TRADERS INSURANCE
great deal of consideration to place then. It was prise. Mr. MacEw said this cup was only sn This romlation having heen udariandy ap this publie nowspaper. It is the duty of the ly in the interests of this Corporation, and I am the first time in the bistory of a public company
COMPANY, LIMITED.
decided that F. White and M. Friedrichs were other proof of the great interest take in these sed similat spar's by Mr. Belilios. He might proved of, the business of the meeting closed. Dirotors, ns med of honour, as business so thoroughly convinced of the probity of Mr. in this colony that one-half per cent, has entered
Lo best, but it needed another trial belaro it me, to BERE these allegations in one Giroto and also of thò able manner in which he has into the declaration of dividends. A great many
The following is the report for presentation could be haully solled which of those two was perhaps montion to them that sums of money had way or scotor. You will understand, gen-boen disobarging his duties as Chairman of tho rumours-sorts of them wert altogether pleasant
Mr. Baliling, the interost on which was to be THE HONGKONG AND SHANGHAI deinen, at I am not imputing any charges Board that I would uk Mr. Byrie to alter his for the directore--have been pat in cireniatias, to the shareholders at the twenty-first ordinary to take the first prize. The final trial resultede enerously placed in the hands of trustees by
F. White
devoted to the pariuse of prizes to be awarded whatever. I know nothing more than any proposal to this, that ws bestow on Mr. Grote a and I think a full explanation of the matters meeting, to be held on Monday, the 5th islaul, as follows
M. Friedrichs one else about it. I only ea certain thing's very hearty vote of thanke for his sarrioss to the have touched upon will he batter for all parties! at 4 o'clock p.m.-
at al classes of sporting competitions in the The director have now the pleasure to lay before The ordinary half-yearly moeting of the share stated, things that would not be stated without Bank during the period he has been Chairman. concerned. We have heard a great dad about
applause, and three lusty cheers were given fus Folders in the Hongkong and Shanghai Bank-
Frizes.) son foundation, bacunse they are distinctly This will show the people of Shanghai and of the Cirectory using their position for the the shareholdere & statement of the company's a 3-Bur's Esc. loughs flendioap. Two colony is anonronment was received. with
counts for the your ended April 3, th зt.
Mr. Belilius. ing Corporating was held in the City Hall on bottons, unless they are true, and consequently other places that, whatever they may think, we at purpose of gambling toanipulations.
The act pramis oured amount to $713,070.19 ani The following started: -G. C. Hayward. T. the 27th August.. Tharo were prent think it is the duty of the Board to-day, sincelenet have confidence--althongh mistakes may ther this is true or natrue if not for
|5493,240,01 whica sum the directors recommend bejahuila, C. Cook, F. C. Carvalho, W. Wallace. Mr. M. Grite Chairman): Mr. C. D. Bethese things have been trade public all over havabsen main in the management of the Bank's me to say, but I think this matter is a fair as working acconut share a balanes at oredit of Wallaos, M. Friedrichs, W. Stopani, T. G. Ma- torelay. Hou, J. Boll-Irving, Jesurs. W. H. hina, to refuse them or admit them.
subject for discussion at a public meeting, expe approprinted in the following mencer Now, with affairs._(Applause),
The diffent task of handicapping was por Hon. P. REIK then proposed thata hoarty vete pially when this Company has been made the ob A dividend of 20 per cent, to shareholders $120,000.00
The question has been rais as to how the F. Darby, W. H. Forbes, T. Hoppius. Ten regned to the report we have before us, I do not
A dividend of 17 pur ceut. ou contrim-
formed as justly as possible, and the young- A. P. MacEwen. Mr. J. S. Mores (Directors); infond to make any critical examination of it, be of thanks he passed to Mr. Grote for the munter jest of certain remarca and animadversion-an-
sters madun must excellentress-tas time beingrimming of today compares with that of Bot
years since. It must be borne in mind that the. Hoo. P. Hyris. Hon. C. P. Chator, Mosers. A. cause I do not think it is worth while but in which he had noted as Chairman of the Comimadversions which I think should have elicited,yables to all contributors of baai.
To be carried in new wecouns$245,243.61
two-length race med to he 20 yards, anti in C. Cook (10 econ.) W. Mautland, C. J. Gonsalvas, W. Darran, there is vue thing that is indistinctly stated hors pang, which was seconder by Mr. FRASER- some suficient explanation from the directors, whether shareholder or not. $130,000.00 80 seca.which resulted as follows
At our last menting, in Febreazy, you may ra.
1881 the Paths were longthened, making tho A. Ovorio. Douglas Jones. Edward George, but I would like to know about. With reference SMITH and received with applause.
W. Stapani (10 secs) KYONET BRANCH. C. da Rozn. F. Dodwoll, W. H. Breiten, A. Į to this sum of $500,000 from the reserve fund, Hon. J. BELLIEVING I wish to stato, in momhor, gentlemen. that the question was debat-
rece, as at present, 88 yards. Looking only st the Autno metings, I find the following H. Chinos, D. McCulloch, J. A Moarly, M. P. which has been drawn to meet losses in Manila, reference to the remark made by Mr. Fraeor-ed as to whether the dividend should ha 7 or 8 Silas, A. Vaucher, R. Fraser Smith, M. I wish to have it distintly stated-it is not Smith about the Chinese Times and the firm of per cent. Nearly all the shareholders ware
records :- Carvathe, Flemming, F. A. F. Grabion, Esiated clearly in the repart-whether that sum, which I am a member, that the Chinese Times in favour of 8 per cent, being declarod Georg. A. McCoascbie, R. Lynll, A. S. Colin, the opinion of the Directors, founded on some is the property of a private Company and is in poll was demanded and the shareholders were N. D. Ezekiel, E. 3. Hughes, L Mandel, E sufficient basis, is likely to cove: the losses in no way subanised by my firm. (Hear, hear, and out voted, sad 7 per cent. was declared. I and Mr. J. S. Mases of Messra, E. P. Son & Co. Poesnecker, St. C. Michaelson, J. H. Cox, A. Manila. It is very inadequately stated in the applause) Hancock, S. Hancook, G Stawart, D. H, Mue report.
The CHAIRSIAN-With regard to the first kintosh, ILT. O. Groen, J. H. Mo Laron, F. Hen derson, E. Deacon, F. T. P. Foster, G. part of your speech, I may say that I intended Anderson, A Findlay Smith, B. & Coxou, J. R. after the formal business of the meeting was Anton. A. Veitch, and Johu Walter (Acting over to make a statement with reference to the charges against me and the directors in the Chiof Manager.)
Chinese Times. I will come to that later on With regard to the second question put by Mr.
Mr. J. C. de Itoza sebonded. Cancied unanimously.
re-plected
sad carried ucr. CON-
and A. E. Voucher ne auditars.
carried witbont dissent.
BANKING CORPORATION.
wish to make a few explanatory remarks with
I regret that I have now to tell you that not
birst
How
a
The following competed-, Costa, H. F. Hayllar, G. C. Hayward, W. Wallner
Iesult:--
N. Cost
G. C. Bywani
This race resalted as follow:-
Cooper Bancosk
8-Tuc or WAL
1
ENGLAND. SCOTLAND AND IRELAND Some difficulty arose is getting competitors for this svert, which was only bidyol ster by getting three of the Raimant to make up the | however, had to broflow tur-of-war in thi
red nawber for England. One of these, water was to be sordusted and was rather a Adder. to M.hindrance than assistance to his aile.
houvier tan and worked in battar style. this the Scotch and Frish combination wors Despite, thon-fore, the plucky fight made by
YE-DONWELI-And-on in. Yalsohama. Mr. FRAUES SMITH-Those have been in ax. the gross relaras at nearly $900,000, weistens vor since Lous remember. If Mr. Bell- gat profit of only $119,000. I do not for Irving bad listaard to say remarks he would have managed properly and enogamically, but I think nies who were in the locality.
Mr.. BELL-IRVING-The other companies lived and picked up as many as he was abin, acknowledge themselves vanquishet. The sidos some explanation is due to the abaraholders. The
Owing to the "thick" state of the water tun were coupseed as follows-England-W Dan- profits appear less than they have done for a great compete with us
Mr. FRASER-SMITH-It is a long way from difficulty of the task was much increased. The a. G. Bramwell, C. E. Holworthy, and thrua many years I do col know how many, but cor tainly since the amalgamation of companies in hers to Shanghai and still further to Tokolama most successful was M. Friedrichs; who manages from the regimeat. Setland and Ireland Mr. GEORGE We are to have a squadron of to scars seron. T. Lammort and F. Waila Stewart-Lockhart, Saunders, Yart, C. this lony. I think some expinastion is due,
sixteen ships here next season and they will all tied with six, and an making a second ossy F. Hastings, H. N. The pros. J. S. Legge.
Wallace succeeded in bringing up four to Lawalking of the greasy pole and setting at liberty The sports conslub with an extra svont, the especially when you coneitor that for the past five or six years the company has haan con-base to be docked somewhers,
The CHATEMAN-If no one has any further mert's three. The result, therefore, wa
M. Friedrichs....... tinuelly dinning into our ears that the reason
F. Wallace of expenses being high was the parchase of remarks to make I will propose that the report machinery for improving the work. I really and statement of accounts be adopted.
The motion was asconded by Mr. GEORG and hope for some faller explanation on this subjeci, With reference to the report, there is another surried in?mously.
The CRAIBAN-The dividend warrants will proposal I should like to draw attention to. I
Thie concluded the disporred.
one moment say that things have not been known that was reforcing to the five sompaarse were thrown in and cach competitor then Englawt even to the last, les more obligad to
1
2-RUNNING BRADER FROM CHOSS SPRING
BOARD (Two Prizes.)
There were four entring-M. Friedrichs, J. Friedrichs, F. Lammert, F, White.
According to the regulations, the points, in
a pig confined in a box at the end of the poli Alter several trials F. Shunhard succeeded in roaching the box, fresing the pig, and capturing
it in the water.
The prizes were distributed by the Hon. A. P, MacEwen.
The Champion cup. perated by Mr. E. R. Boblins, to begin to the competitor who proved
havo zot the slightest doubt but that it will be be ready to-morrow, usincas, and the receting diving which were to decide the issue were if the best all rond wan at the sports, was
carried out because of the preponderating flcease the direulors are owing to the number
Whe
A
A branchs of the company was opened in Sydney in Daraber leat, and the management entrusted to Mr. G. B. Mitchell.
DIRECTORS. Mr. A. Mulver has resigned his eat at the board, myself voted with those who wished to make bus accepted vilation to Ell the seat so ruoated. Mr. P. Arahold has also resigned a seat, and Mr. it 7 per cent. as I believed that was what. Posttncker bra been re-locked in his place. the Book Company ought to have paid, and,
The appointments of Mr. J. &. Moses and Mr. L. with the exception of Mr. Gillies, I claim Presenter will require the confirmation of the shurr
have more practical knowledge of the holders
Messrs. M. file and G. van Boso retire by rola affairs of this company than any other per- The following is the article in the hinges son Tintas reforred to at the meeting
in this colony. It would be bottar tieu sad cffer themselves for ra-olostion. for this company, I maintain, had they
The sunced accounts have been audited by Moss56, The unfortunate position in which the Chair-never paid such big dividends. During the past. 1. Ross and I. Henderson, the latter gentleman
The rote of thanks to the Chairman was then formally put and ourried nasuimonsly.
The CHAIRMAN Mr. Byris and gautamen, I am very much obliged to you.
Cash in hand
AUDITORA.
ABSZTA.
74,348.60
Fixed deposit with Chartered Mercantile Bank of Indi Landen, and Chi
34,385.71 22,040.49 Indiu 4 per el
20,185.35 India é por it took Indian Railways. guaranteed
stock)
51,076.19 Cape of Good Hopù 5 per cenź.
lopa 28,571.49 Victoris per cout tean 28,091.42 South Australia per cont. Ioan 28,571.42 49.714.23 Ramittance in transită
Melbourne brandb---
4-SHORT RACE. 2 lengths. Open. Prizes.)
1 2
Two
The sutries were:-T. Lammert, F. Lammert, W. Danman, E. Arthur, F. Shepherd, P. Sangster.
This race was also well contested, the result trembling in the balance up to the last moment. Lammert Arthur, Dauman, and Shepherd all made bold bids for the first priza. The tiren, Cakes, was particularly good the best on re- cort in Hongkong, for the same distance, being. we boliare, £8 secs.
Rasul-
T. Lammert
H. Artbor.
F. White.........
?
and hack Handicap. (Two Prizes.] The competitors were. F. Hayllar. Neil- son, F. Shepherd, J. Freidariobs, G. C. Hayward, M. Frieddrials, T. Wallace.
The ACTING CHIEF MANAGER read tho to tion convening the meeting.
The CHAINMAN Said-Gentlemen, before mov. Fraser-Smith, the directors are of opinica that man of the grest local bank finds himself six, or going back further, let us say, ten years, having been appointed to act dating the aberacy on 5-HEADER FROM STAGE Two Prizes.) ing the adoption of the report and accaants so far as can be seen at this very moment, this through gambling in stocks is sufficiently public the company have beneited by a manber of leave el Mr. T. Arnold.
Mr. T.. Rose does not cffes kirwolf for re-election, I The following entered:-F. Whito, F. Lammert, am fully covers everything. Of course it is to justify our reference to the subject. Though fortuitous circumstanos, by what was mere 20- and the directare roommand that Messrs. 7. Arrald G. G. Hayward B. Shepbord, M. Friedrichu.
and H. U. Jeffrios be elected to audit tire sacoupis
The diving of all the competitors was partion. regard to the same. When we met bra six utterly impossible to say so absolutely, because not blameless, Mr. Grote io pavertheless the cidant, and have declared big dividends; but it month ago, your directors renommended that we are always dopondent upon the exchange. If riolim of a system which has been carried on has been a mistake. I have only, gentlemen, toast year.
L. POERNEDKER, Chairman.
larly clean. A very close enoteat resulted, as in $500,000 be ret arida to most probable Inaros ut archange grows better we are better of; if for many years, and be will be the scapegoat refer you to this report to find coulirniation
Hongkong, 26th August, 1587.
the runing taler, between Friedrious and ose branch of the Bank, and I tea stated that it grows worse we are worse off. We esubet for his colleaguas, past, if not also present, for every word I have uttered. What do wo
If would be a diflent thing to say ju million's worth STATES OF ACDENT FOG THE YEAR ENDED White. only looked upon $350.000 of the amount anticipate a decline. On the presant lasis, whichIt is to be hoped that the shareholders of Rod? That with close apoa
Kipes kreuz, 1997.
this case which bad the advantage The daci the bank, if there to suffosent independence of work done we get a profit of $119,000. 1 out actually gone, and entertained hopes that the is supposed to be a safe basis, the Directora oon-
aton of the umpires was of course mush question. among them, will take the opportunity now only a small shareholder, and, personally, I Cash in hand.
28,276.26 salace of the provision would not be required. sidor that everything is coveret
406,000 goed by the backers of the second man. Mr. FRASER SMITH-I am much obliged to providentially afforded them of insisting on the hare no objection to getting a big dividend. Fixed deposits with Banke..
Result only well the fall provision made last half year you for year explanation, which is simply a re-directors purging themselves of the scandal but I am speaking new in the interests of the Invested in mortgages of properties 336,501,23
18,000.00 M. Friedrichs.... ho required, but that we have to reemutend petition of what was said at the last meeting. which bna so long lung to them of loading the Company. By deolaring this dividend you take Properties forackoned
Bands of Cainta Troporial Gur, Joan, 1834. 295,000.00 that further sum of $600,000 be provided ta The CHAIRMAY But then we did not know gambling ring which has so demoralized the early the whole profits, jtat, too, as youare about Bonds of Chinees Imperial Gay. Joan, 1883. 69,819.456-5.LONG RACE. Round the Red Bany
youth of Hongkong and Shanghai. It would te smbark in litigation. I do not know whether it London brane el lowers at the same branch. You will this; the lessus are grown up since.
Mr. FRASER SM-Preissly. I wish to have been pitiful enough in any can be ace is tra, but it is said that in any oase the Cor doubtless expect a fall explanation of th cicenzavisnos which have rendered this ut som assuranos, some detaite statement. Young men of promiermined morally and pany will have to pay the whole expanses of the large provision necessary. wtier I shall Yon stated exactly the same thing at the materially by a comtiuation of Hamburg and litigation. But whether that be so or not, I ask Bow endeavour to give as clearly a possi last Tomling. The shareholders are absolutely Indian Jews, but when these happened to be di-yon, is it wise, is it judicious, for the Company to ble. Should I pit reference to sy biura reuorent of the position of affairs. I want to rectors of a bank, operating in their owir shares, swallow up by big dividends nearly the whole of garding which information is required by any know if any foient sapervision and sximina posibly even with the help of the bank's funds, their profile, at such time, and with such a one prevent, I shall be glad to answer any ques
tion that can be relied on has been made of the it was playing "with advantages" in a way net future befors them? I have no objection to tions Inter on. When our last zasting wus held Corporation's business in Manila to warrant on calonlated to enhance the repetation of the in-the amount for the remanaration of the we had cu car bands considerable quantity of in anying defrituly whether this $800,000 will stitution. These are not the times when the directors. I dare say they work hard for it. bank can afford to violate the rules which have Noither do I object to the amonas expended for Manila produce which we valued at the prices cover all losses there. then rating. Valees were already apprentinted-
The CHAIRMAN-So far as is known to the been fount necessary in every other part of the the auditors teen. I am are they werk hard ly low and I think we were justified in not ex Directors everything is covered.
But we cannot world, and the present exposé will prove a blows for it. But I think an item which should be considerably reduces is that of $12,500 to cuu- peating a further delius. This prodage has look into the fare. We cannot say how ex-ing in disguise if it only compela reform.
Cash in band, in course of collection, and It is not of course easy in a small place like tribating shareholders. This sum appears to now all been realised, and I am sorry to say that change will go I may go with us, is may Hongkong to find a sufficient number of men of me to be a most anomalous one. Ca Ruy one Sydney beach
on red deposit......... the proceeds in paoy oases fall short of our against us. We are taking what we think a
atsading to act as directors of the bank, and the tell me what it is for. No. Ten years ago | estimate; to this rest he attributed the fast sufficient basis.
Carb in land, in ecurse of enllorline, and
on fixed deposit that the whole provision made last half your i
Mr. FRASER-8MITH-You don't quite under-shareholders haveto patup with whatthey can gol. when there were four companies competing with required, and I will now refer to the cause which stand. I have no doubt the Directors are quite It may be said the tea they get are better than us I can understand an indavamont being held Furniture at hand office and branches... bare pecesitated the provision to meet which we confident in their own minds, but what I want nothing, tough even that is open to question, as out to persons in the shipping interest to place Share of stammer Sou all.
And we Policy stamps...gerrimmings now recommend the withdrawal of 5 Lass from to know is whether the examination you have their mere presence rellevos the manager of the their work in the Company's hands.
Internet earned, bat not yet payable our reve fund. You are all aware that made into the affairs of the Bank in tails is responsibility which he would tool towards the find then that for thres years the enms of remis unvollsto a sudden
Due from Agencies ........... and nalooked-for fall in Manila sufficiant justify you in talling the share shareholders ware there ne direnters at all; while $2,500 $2,000, and $4,000 respantively were
Now we find Loss due to Agɛoice ...... sterling exchange (rescklar at one time 12 per holders that there will be no further loss in the ignoranos in which they are kept, or keep devoted to this purpose
thewolven, as to the hark's affairs disqualifies $12.500 erponded in this way. Who cont.) Leancurred during the lust half year. The | Manila ?
shareholders? Thay causes which have brought shout this decline are
them for rendering any real assistance to the the contributing The CHAIRMAN-Yes. (Applause), rarious, but amongst them may be mentioned Mr. FRASUR-SMITH-Now Tnoderstani. management. It has indeed been surmised that nothing more nor less than the directors. We the paralysed state of export business in the The CHATRAK-Our Chief Manager has goue thorowore person outside the directorate who had give a very handsome stipand to these gentle. Philippine, and the wholsale smuggling of into it, as hesloes into every thing, so thoroughly more intimate knowledge of the true position of mum for the dalies they perform, and then they Capital subscribed Mexican dollars into the Islands by Chinese. I that we see ene we have made the provision on the bank than even those who were officiallyvota to themselves the sum of $12,50). It is Amount paid-up......... should here say that Mexican dollars of date a safe basis. (Applause)
ebarged with its supervision. An uahealthy quite unnecessary to spend such a sum now. As Reserve and....... prior to 183 are current in Manila, but that the Mr. FRASER-MITA-That is satisfactory. At alate of things; and if Mr. Grots's misadventure I have already said, when there were four coul Dividade outstanding import of name is prohibited, and that the illisit the same time, Mr. Chairman and gentlemon, I enables the ebareholders to eradicata all such pantos competing against us it was necessary to Profit and loss Lecount introduction of this osin and thereby laging do not at all agree with what is stated in the reparasitic growths, which may some day threatan offer some inducements to have work given to na down funds cheaper in the Philippines than can port about the $450,000 lost by a heavy fall in the prosperity of the bank, they may look for het now we have no competition in this part of
Working AccouNT. be done in a legitimate manner. has had a very sterling erohange. You say it was utterly im-ward with condones to the future, not fearing the world. Whoes out they take their work depressing effect on sterling rates. The Spanish possible to foresee this. I think business men, even Vanderbilt and his Polish Count. It would to? This Company at the present time is hardTo losseses Government bave now under consideration the studying the course of commercial events in the tea pity that an institation so sound at the ex-up. Do not let any ans go away with the in-To charges, souriasions, Songs,
To survey fas pression that we are "fonrishing, that the reform of the carrancy by coining a new Philip Far East, ought to have foreseen this; and I teemition should prove spongy at the cars.
and brancho- company is millionaire. We are hand Todiroviare andauiters fece-Harfotos pive dellar, and demoustling the Morical, think that, to some extent at least, you ought to and if this is. carried out the effect on have avoided this loss. In a slight way I have a HONGKONG AND WHAMPOA DOCK | If you doubt it, look at the stalement of Tobad debts.........
accounts and then let me ask you as To ozalanga .... sterling exchange would be very favourable knowledge of affairs in Manila, and I think this ... CUMPANY, LIMITED. would say have that such a loss by rachange na ought to have been foressen. I am glad to hear
barinom mon what is your opinion of the finza. To writion off shurr Sex Qull, furnitare, and premtum on Chinono Imperial Govorn that referred to is impossible at any of the other that fou prospects of the Bank are so favourable The ordinary half-yearly meeting of sharehold cial condition of this Company when you tind
ment bonds bravoles of the shatever flaginations may all other directions. At the same time we are of the above Company was held in the offion of nearly $30,000 paid for interest for money To balso to prost zal sa secunt.....
m of $150.000 which faust not be too confideat. The Chinese Gor- the Company, No. 14, Praye Central, Hongkong, borraved, and yet you are declarag a dividend
in wi CARA MEN ALEBO NASPAREMNÍ, prisipally regjizša-
erament fons, a fruitful mourou a rarengs for on the idea agunt, fur the purpose of reciclag het by the failure of one purrs past, lave been taken from us, and in tim the report of the Deputies, and a statement of the scope of
ed to cover
aru
are
sherly wage of the profits with
CAR
LIABILITIES.
Great interest was taken in this reco, which was the svant of the day. H. F. Hayllar (soratoh who has on so many previous occasions, curried off this prize, was this time, a. erents proved, too havily bandicapped. Considering the quick time in which the race was ran, Galo. 58 sees and the calibre of his oppononte, it must $30.244.95be admitted that congoding to the frst startar Imin pecs was almost galeant to prit hiarutoftho race, Still his supporters had great 2,787.40 hopes that though thus heavily penalised he might provo viatoriaus. When about two kun- 81,838.indred yards kad been done, however, a quantity 2,000.00 of matting and rubbish which was being carried 3000.00 down by the tide and which the earlier starters 78.50 bad eroaped necessitated his making a wide de 2100.00 tour from his scures, which extinguished all hopes
9,816.47
of seeing his carry off the first prize. The re mainder were somewhat more equally matched, 11,282.15 with one or two exceptiona, but when within thirty yards of the winning post all interest con- $1,703,791-70 tred in the race befwean M. Friedrichs cod T. Wallace, which resalted, sitor s struggle, in 5. Friedrichs coming in first, This, considering ....... 603,000.00 the mumber of avonte in which he had taken part 600,000.00 before, was really a most excellent performance
The result was 485240.04
$13.290.69 054.74
--- $3,000,000
8,551,79
$1,703,791.70
921652.80
M. Firedrichs (452908.)
...
2 0
Dolphin "wice as follows:-
July, 1877-90 yards,
D. C. Travara...63 sea. Won anyhow.). September, 1872.
Kotham
W. Donman Time not taken, F. Grimble
but the Handicap resulted :-
W. Dantau..
Kelham (seratel)
☺
the winner's time being 65 saox D. Travers did act cempata. Dator, 1879.
W. Denman 61 nec. (Won asily
HousDeop...
F. Grimble
W. Danman (scratch
F. Geimblo (5 sec.) ...
September, 1980.
A. P. Stokes
.62 8.
65 anos. (Easy)
Î. Grimble. H Sagipson... Haicap time pot takan: October, 181.-The Baths were lengthound,
F. Grimbie
...€1 sasa. (Ensy).
Goodwyn seit Dunkan did not compete. September, 1882.
6 seas.
F. Grimalanotempting Handicapnottimed. Angel, 1883.
.67) soon.
Satapson
CS. Barif G. Grimbly
F. Grimble not sempating. September 1881.
s. Bart G Grimble September, 1885
II. Arthur T. Glass G. Grimble ont competing. August, 1896.
G. Gritibla.. H. Arthur
#gust, 1987.
1. Lammert B. Arthur
Handicap-
T. Lammert (scratch) If. Arthur
G. Orimble did not compate.
..not tired.
.71 360s. (Easy)
63) os.
69 saar.
Taking Hyds. against 86 yds. 62 seconds is equivalent tas performance of 661 secunde in the existing baths.
D. C. Travers was without doubt by far the nest swimmer for soon in Hongkong, being decidedly faster than either Danman or F. Grim ble. I believo his best record was Gleets, yout to about 651 now!
Perhaps at present the competitors are more numerous, but so for thor have not apparently arrived at the same standard of speed.
T. Wallace (45s.) H. F. Ifayllar 7.-HURTLE Race, Handiosp. (Two Prizes.)
One word about the late sports. A cup was There catered for this rice-H. Arthur 190,507.14 Louis, F. White T. Lammert, F. Lammert, M. pravonted for the best all round man, the result being obtained by the total amber of marks The cumpotitors were fairly evenly handi- galand by each competitor. I was the winner .97 Friedricks, F. Shepherd. 9.51 ospped, and a good contest reaulted as follows of the Champion Cap in as event got a leng
T. Lummert
—19,017.10-
13,223.03
F. Lammert 8-TUG OF WAL.
17,006.19 495,240.01
20.73
2
start and yet in accredited with the same num- hor of marked if he werò starting from waratob. Is this altogether right? As regards spoed he This was conned to the Military, the G Cots is not in the fist air. Perhaps for hit rise and pany challenging a scratch toan of the Regi-age he shows up better than any of the other After long and tong stragain the competitors, but I hold that the Champion should month tomat dando la oracering A. not be as comicious points to muy sent.
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