NOTICE.

Communications "rospecting Advertisements, Sub- scriptions, Printing, Binding, Jo, should be addressed DAILY PRESS only, and special business matters THE MANAGED.

Orders for catra sopies of DAILY Paws should be sent in before 11 am, on day of publication, After that hour the supply is limited. Only sup- plici for Cash.

Advertisements and Subscriptions which are not ordered for a fized period will be continued until countermanded.

Telegraphic Audroca: Puzon. Coden: Á.B.0...5th #3,

Lieber'i.

P.O. Fla, 38. Telephone No. 12

NEW ADVERTISEMENTS

INTIMATIONS.

THE HONGKONG DAILY PRESS, WEDNESDAY, FEBRUARY 771, 1906.

HONGKONG JOCKEY CLUB.

RACE MEETING, 1966.

to

MONDAY, TUESDAY, WEDNESDAY AND SATURDAY (OFF-DAY), 12th, 13th, 14th and 17th FEBRUARY.

of ADMISSION the PÚCKETS

GRAND STAND and ENCLOSURE may be obtained from Messrs. KELLY & WALSH, LTD., or of the Gate. Price $7 for the. Mooting (excluding tho Off-Day), or $3 por day.

Tickets for the Off-Day, $2.

1359

No one admitted without a Ticket to ba shown to the Ticket Inspo for at the Gate.

'T, F. HOUGH,

Clerk of the Conrse. Hongkong, 6th February, 1906.

HONGKONG JOCKEY CLUB.

HE STEWARDS request the pleasure of Businnss at 11.45 A M. on MONDAY, TURS. the presence of the LAUTES at to

RACE HOLIDAYS.

THE EXCHANGE BANKS

will: bo

CLOSED for the Transaction of Pablio

DAY and WEDNESDAY, the 12th, 18th and GRAND STAND and ENCLOSURE during 14th instant.

the Hases on the 12th, 13th, 14th and 17tá instant.

Hongkong, 7th February, 1006.

BOARD AND RESIDENCE.

374

INTIMATIONS

WAR DEPARTMENT CONTRACTS.

TENDE

ENDERS will be received at the HAD QUARTER OFFICE, Fletcher Street, antil 12 o'clock Noox, on FRIDAY, 16th February, 1906, for the andermentioned SUPPLIES AND SERVICES, for the period of 12 Months from 1st April, 1900:--

1. Meat

2.

Hospital Supplies and Medical Comforts. 3. General Supplies and Provisions.

4. Oil, Wick, and Barrack Supplies.

5. Cent, Cake, Wood and Charcoal.

ti-

6. Barrack Serviers and Scavenging. 7. Washing. 8. Transport Services (Supply of Launobes

Janka, Coolies, Ac.). 1. Forage. Forms of Toader and any particulars can be obtained on application to this Olies, personally addressed to the OPICSE Cox or by letter aldrei to CORPS, Feen the

hours of 10 A M. and 4 P.M.

The Tondoza wust to properly filed up and signed, and dated, and no toader will be notiond ankes delivered upon the proper form at the Head Quarter Offloaty 12 o'clock NOON on the

PUBLIC COMPANY EQUITABLE LIFE ASSURANCE SOCIETY

OF THE UNITED STATES.

LETTER TO POLICYHOLDERS

FROM THE PRESIDENT-

NEW YORK, December 14th, 1905. TO THE POLICY HOLDERS:

I had hoped to make some statement to yon before this, but I have believed it was best to wait until I could give yon a Binat conclusion in regard to the financial condition of the Bocisty based on full investigation. This ex plains the delay in communicating with you.

On June 9th last, under the condition that I shou'd have full power as to men and methods, and with no pledges of any kind to any one, I was elected by the Directors of the Society on CHAIRMAN of the BOARD and at once samed the active management of the Society's affairs.

Boon after I was elected PRESIDENT of the SOCIETY and the Office of Chairman was

A Stand and an Enclosure will be reserved for Mombers and Mambory' Wives and Families, Tickets for which will be sent out with the above date in a closed envelope marked of the firet aots of my administration GENTLEMAN may have BOARD and Members Tickets after WEDNESDAY, 7th TENDER" on the culid.

RESIDENCE with a Private Family in a lousD ON the Upper Lovels. Tea.is Court.

*B."

Apply

Care of " Daily Pross" Ofor. Hongkong, 7th February, 1906,

[375

TO LET-FURNISHED.

Fe Pole No. 149.

AROM beginning of April the Roomed

For Particulars apply to-

"R. H.."

Care of "Daily Proas "Offico.

Hongkong. 7th February, 1906.

1376

DOUGLAS STEAMSHIP COMPANY, LIMITED.

FOR SWATÓW, AMOY AND FOOCHOW,

THE Company's Steamship' THE

"HAICHING,"

Captain A. E. Hodgins, will be despatched for the above Ports TO-MORROW, the 8th inst., at 1 P.M.

For Freight or Passago, apply to

DOUGLAS LAPRAIK & CO., General Managers. Hongkong, 6th February, 1905.

"BEN" LINE OF STEAMERS.

FOR LONDON AND ANTWERP.

THE Steamship

THE

"BENLARIG,"

971

instant.

All Tickets must be produced to gain admimion.

Sposial accommodation will be reserved for Chinese Ladies and their Female Attendanta in the Stand orooted on the plot of Ground mert to the Lusitano Club Stand.

T. F. HOUGII,

Clerk of the Course, 1360 Hongkong, 6th February, 1906,

HONGKONG JOCKEY OLUB.

O SERVANTS will be allowed inside the

N ENCLOSURE of the RACECOURSE during the Race Days WITHOUT TICKETS which can be had on application to the "Under- kirmed between WEDNESDAT, 7th and MONDAY, 12th inst

T. F. HOUGH,

Clerk of the Course. Hongkong, 6th February, 200 (301

NUTICE.

THE ONLY

EDITION

TBOOKS PROGRAMMES RAGE rised by the Stewards of the Jockey Club are those printed by Mrs. NORONHA & Co.

T. F. HOUGH,

Clerk of the Comers. Hongkong. 5th February, 1996,

A SELECT DAY SCHOOL.

[345

THREE University Trained Foreign

Teachers and Capable Chinus Touches Carefal supervision and individual attention assured Both ENGLISH and CHINESE

Captain Wallace, will be despatched as above on 4 taught. Special attention given to Conver

or about the 23rd inst

For Freight or Passage, apply to

GIBB, LIVINGSTON & CO., Agents,

Hongkong, Ct February, 1906.

372

NOTICE TO CONSIGNEES.

"GLEN" LINE OF STEAMERS. FROM ANTWERP, MIDDLESBRO'

AND LONDON. THEE Steamship. THE

GLENLOGAN," baving arrived from the above Ports, Consignees of Cargo by her are hereby informed that their Goods are bring landed AT THIS RISK into the Godowns of the Hongkong and Kowloon Wharf and Godown Co., Limited, at Kowloon, whers each consignment will be sorted out mark by mark, and delivery can be obtained as soon as the Goods ure landed.

Optional gooda will be carried on unless instractions are given to the contrary before 4 P.M. TO-DAT.

Goods not cleared by the 13th inst, will be subject to roat.

No Fire Insurance will be effected. All damaged packages must be loft in the Godowns, and a certificate of the damage obtained from the Godown Company within ten days after the steamer's arrival.

No luins will be recognized if not presented within 14 days of the ship's arrival.

MCGREGOR BROS. & GOW. 373 Hongkong, 5th February, 1906,

NAVIGAZIONE GENERALE

ITALIANA

(Florio and Rabattino Unived Companies).

NOTICE TO CONSIGNEES.

FROM BOMBAY AND SINGAPORE.

HE Steamship

THE

"CAPRI"

having anired from tu above ports, Consignees of Cargo by her aro bereby informed that their Goods are being landed at their risk into the hazardous and/or extra hazardous Godowns of the Hongkong and Kowloon Wharf and Godowa Compats, Ld, whence delivery may habtained. Perishable Goods to be taken delivery of immediately.

All damaged packages must be left in the Godowns, a and a certificate obtained from the Godown Company within seven days after the yessol's arrival here, after which no claims will be recognised.

No Fire Insurance has been effected, and any Goode remaining in the Godowns after the 13th instant will be subject to rent.

CARLOWITZ & CO., Agents.

Hongkong, 6th February, 1906,

THE

TO BE SOLD AT MACAO, VILLA BRANCA.

[4

IE RESIDENCE of the late Physician and Naturalist, Mr. GOMES DA SILVA, with all its surroundings, delightfully situated un the Southera Blope of S. Jamesrio Mountain

sational English. Only a limited number can be admitted, Suhool Opens Fobruary 19th.'

Write for catalogue or apply at once to

F. O. LEISER, Head Master, Chinese Y.M.C.A. 26, Des Voeux Road, Central..

358 Hongkong, 6th February, 1906.

LOST.

GOLD BRACELET bet with amall A Diamonds, Finder will be rewarded on

raturaing same to "CROWSNEST," Barker Road, or to 27. Des Voeux Road Central.

316 Hongkong, Sth February, 1906.

THE CHINA FIRE INSURANCE CO., LIMITED.

NOTICE.

ROM this date, and during the Absence

of MR. Guo. L. TOMLIN from the Colony, Ma. C. PEMBERTON has been Appointed ACTING SECRETARY to the Company.

A. G. WOOD,

Chairman.** Hongkong, 31st January, 1906. 30J

THEATRE BOYAL CITY HALL.

TONGKONG

H

MATEUR

The right to rejset any or all Toaders is reserved, Hoad Quarters Office,

Hongkong, 2nd February, 1906. AUTOMATIO MAUSER

PISTOLS.

F385

CALIBRE 7.63 1.0. With CHAMBER for 10 CARTRIDGES FIRING 10 SHOTS in 2 SECONDS.

SIEMSSEN & CO. Hongkong, 3rd October, 1905.

45

A. LING B CO.. FURNITURE STORE. PLATED GLASS AND CROCKERY WARE, &o. &c.; and FOOCHOW LACQUERED, WARE.

68, QUEEN'S ROAD CENTRAL. Hongkone. 21st September, 1903, [2355

DR. M. H. CHAUN,

THE latest Method of the AMERICAN A. SISTEM of DENTISTRY.

R

was the employment of Messra Pries, Water house & Company, chartered accountants of Great Britain and New York, and Messrs. Haskins & Sells, certified public accountants of New York, to investigate the affairs of the Society, ander directions to render completa and exhaustive reports on the following sub jects:

1. The Society's annual expenses, including lagal expenses, advertising expones, agency expanses, and cost of souring business.

The real estate investments of the Com- pany, including in the case of each parcel the Falue at which it is carried upon the books of the Society: the income which it yields and the fair valuation of the property, whether bove or below the value at which it is carried upon the books of the Society. (It necessary, real estate exports may be employed in as certaining the value and income of the rea! ostate, subject, of course, to my approval as to men and terms).

The other investments of the Socists; their oharacter; and the circumstances under which they have been made.

The Society's surplus and the manner in which it is carried upon the books of the Society.

5. The methods of boeping the Socisty's 37, DES VEUT ROAD CENTRAL.

Rocounts, and the respects in which it account. From the University of Pennsylvania, USA.ing may be improved.

Hongkong, 4th September, 1905. [2056

B. The relations betwass the Society and the traat companies, banke, safe deposit companier, DUINART PERE & FILS, REIMS, and other institutions with which the Society is affiliated by ownership of considerable amount of stock or otherwise (In the case of every corporation in which the Society has a dominant or important interest, or with which the Society has special relations, the owner. ship of stock other than that owned by the Society should be ascertained so far as practi- cable.)

Established 1719, CHAMPAGNE GROWERS AND SHIPPERS. Ship only the Finest Quality Extra Dry (Green Beal),

LAUTS, WEGENER & CO.

Bole Agenta,

122

7. The subjects covered by the report of the Intestigatin Committee of which Mr. Frick was Chairman should be fully investigated.

8. When the report of the New York Sapor-

report should be carefully stadied and every

PUBLIC COMPANIES

ANNUAL AFRIT.

It will be the paliny of the new administration of the Society to lusist on an independent au lit of its accouts as to its fleaal oondition ons each year, the result of which will be published,

NOMINATI # OF DIRECTORE.

PUBLIC COMPANIES

HUMPHREYS ESTATE AND FINANCE COMPANY, LIMITED,

TH

ORDINARY ANNUAL holders of the above

GENERAL MEETING of Share- Company will be held at the Registered Ofless of the Company, Under the change in ownership of a majority Alexandra Buldings, Des Voeux Road, Central, of the stock, the shares were at once put in trust

on SATURDAY, 10er February, 1906, at and Directors are now nominated by the trustees Noon, for the purpose of resolving the Report floa. Grover Clereland, Justice Morgan J of the Directors witli Stalamret of Accounts O'Brien, and Mr. George Westinghouse. Thir teen Directors are chosen annually, and the Trustees will each year offer an opportunity to toa poliovholders to express their proforeness in respect of the choice of Directors."

POLITICAL CONTRIBUTIONS.

It will bo the policy of the Society hereafter not to make contributions to political campsigos. It is my opinion that we have no right to use the funds of the Society for suy such purpose.

REAL ESTATE' MORTGAGES;

In the last ten yours this Society has loaned over G. $120,00 1003 on real estate mortgages, mostly in large cities, Only in six of these cases hon it had to take property under forec care and in these six instances the pro. party was sold so as to set a profit. It will con- tinue to be the policy of the Society to make investments of this description.

COST OF INRURATCE.

The very essence of life insuranco is zafaty | and this can be secured only by reasonable premiums.

for the year ending 31st December, 1905.

The Transfer Books of the Company will be closed from 3rd to 12th February, 1906, both deye inclusive.

J. D. HUMPHREYS & SON,

General Managers. Hongkong, 30th January, 1906, [302 HONGKONG 10E COMPANY, LTD.

of

Share.

ANNUAL MEETING THE TWENTY-FIFTH ORDINARY will be held at the Offices of holders the General Managers, at 12.30 P.M. on THURSDAY, 15th February, to reecivo a Statement of the Company's Accounts to 81st December, 1905, and the Report of the General Managers,

The TRANSFER BOOKS of the Company will to CLOBEN from the 5th to 15th February, both days inclusive.

JARDINE, MATHESON & CO.

Gonoral Managers.

301 Hongkong, 30th January, 1906. A great many Equitable policyholders are donbiless asking themselves the question whether it will pay them to continue their

CHINA TRADERS INSURANCE COMPANY, LIMITED. policies. To such I wish to say most emphati. rally that my investigation of the affairs of the

TOTICE IS HEREBY GIVEN that an NOTEXTRAORDINARY Society has convinced me that there is no chasper way for the policyholders of the MEETING of the CHINA TRADERS GENERAL Equitable to have sound life insurance thou by INSURANCE COMPANY, LIMITED, wil retaining their policies. As I have pointed ont,

be held at the Registered Offices of the Com the surplus of ovar G. 267,000,000, are mafely invested upon a basis which returns an excel-

pany at Queen's Buildings, Victoria, in th lent rate of interest upon the revised valuations, SIXTEENTH day of FEBRUARY, 1906,

Colony of Hongkong, on FRIDAY, U and I expect in das time to accomplish such 12 Noon, for the purpose of considering and! egonomies that the cost of administration and thought fit passing the subjoined spost securing new brziness will be reduced to the Resolations. Should the said Resolutionsbe lowest possible basis consistent with safety and passed by the required majority, tuoy wilbe soloney. I, accordingly, believe that by con- submitt 1 for confirmation na Special Rela tinuing your policies in the Fiquitable you will receive life insurance at the lowest cost osa- cistout with safety.

I therefore advise you to continue to par your premios; to allow your policies to lapse will be doing yourselves injustice. Your con- tracts with this Society are as safe and sound as anything earthly can bo. Where lapses have slready escarred the agents of the Society will cheerfully assist in restoring policies.

EXTRAORDINARY EXPENSEя IN 1905.

to

I congratulate you and all policyholders, in Bolyart concerns on the reformatory resulte o the agitation of the past year. This Bociety alone bus undergone four sparate Investigations since January 1st. The extraordinary legal and other expense entailed thereby is amply compensated for by the enforced restitutions and checked waste herein above referred ·

and by the final assurance you now bare of the wealth and solvency of your Society. I am convinced that this and other investigations and the resulting stimulation of discussion have attracted public attention to the impregnable strength of established concerns like the Equit able more effectually than coull have Loon done by any other means. While those“ Investi

#okong, 17th Mar. 1005, ON SALE

SOUND VOLUMES of the HONGKONG

1905. With INDEX, Price $7,50.

Ou enle at the longkang Daily Press Oico matter covered by it or by the recommendations

of the Commissioner should be carefully oxam Hongkong 17th July, 1905.-

Subsequently a still more elaborate plan of investigation was agread upon with these accountants, and I doubt if any American in- before bad sunh 20 surance company over exhaustive examination.

WEEKLY PRESS, January to Jung/intendent of Insurance has been made thatigstions may have boon destructive individual

TE

AUCTIONS

PUBLIC AUCTION.

and

THE Undersigned hare received instructions

to Sell by Public Auction,

TO-DAY (WEDNESDAY),

TO-MORROW (THURSDAY), the 7th and 8th February, 1906, commencing cach day at 2.39 r.. sharp, at "Br. ANDREWS," Barker Road, The Peak,

THE WHOLE OF THE VALUABLE HOUSEHOLD

FURNITURE,

ined

It bas taken a large force of men five months to ascertain the exact financial status of the Society, now fully exposed by the balance sheet transmitted with the following aete and repro- duced on pages 6 and 7.

New York, November 25th, 1905. Mr. PAUL MORTON, President,

The Equitable Life Assurance Society of the

United States, 120, Broadway, New York. DEAL SIE-The exhaustive examination which we have wade of the affairs of the Equit- able Life Assurance Society of the United States is so far completed, that we are now able to furnish you with a Balanca Susut showing the true Financial Position of the Society on September 20th, 1905.

Therein contained comprising →→→ MAPLES and MARINBÜRK'S MANU- FACTURES, BECHSTEIN PIANO, BEDS. CURTAINS, CUTLERY, ELEC TRO-PLATE, SMALL QUANTITY of HOUSE and TABLE LINEN, CARPETS, The Assets of the Society as claimed were all 2 MOSQUITO HOUSE FRAMES, GAS fouul to be on hand, and amounted in value to FITTINGS, CHAIRS, JINRICKSHAS, G $416,186,509.10 as shown by the Balance LUB. CAMERA COMPLETE One TELESCOPE on STAND, GARDEN HOSE and ROL- LER. GARDEN SEATS, CROQUET and BOWLS (now), FOWLS, and a large Assort- wont of PALMS. FERNS, ORCHIDS, and other PLANTS.

DRAMATIC CL

"PRINCESS TOTO,'.

A Comic Opera in Three Acts,

BY

W. S. GILBERT, Will be Produwsed on

THURSDAY, ..

FRIDAY,...

SATURDAY, MONDAY TUESDAY, WEDNESDAY

PRICES

to Pit

15TH FEB., 1906,

16TH

f

[

17TH

11

145

19TH

**

20

J

13

21xr

*

T

$3, $2 and $1.

BALLOSS and SoLrans le uniform Half Price

Pit Stalls.

P.M. Performance at

9 P.M.

Doors Open at Booking Office ni ROBINSON PIANO Co., Open on and after F CIDAY, the 9th February, from 10 A.M. to 4.30 P.M. each day.

339

M. B. NORTHCOTE,

Business Manager. Hengkong, 3rd February, 1906, THE TRADE MARKS ORDINANCE 1898.

No

TOTICÈ 18 JEREBY GIVEN that.

Messrs. JORGE and COMPANY, of No. 5, Zetland Street, Victoria, Hongkong, Moreliants and Commission Agents, Lare on the 8th day of September, 1905, applied for the registration in Hongkong in the Register of TRADE MARKS of the following TRADE MARK:-

and facing the South-west. Buyers may apply the horizou with a scroll on the rays of the San

to His Lordship the JUDGE of MAÇÃO.

AND ALSO the MINERALOGICAL, BOTANICAL and ZOOLOGICAL COL

atme Physician and LECTIONS of the Naturalist.

Macao, February 5th, 1906.

FOR SALEL

369

TANDSOME BLACK GELDING HAustralian) Acclimatised. Exeption- ally fast trotter. Carriage or Saddle Hack, Can be seen at Kennedy's Torse Hopceitory, Offers to...

Carn of "Daily Press" Offico. Hongkong, Let February, 1906, (322

The distinctive device of the sun rising on

with the word Alva printed on the scroll. Below, the waves are representations of coins, The whole is surrounded by a floral border in the name of JORGE & COMPANY, who. claim to be the sole proprietors thereof.

The TRADE MARK is intended to be used by the Applicants forthwith in respect of the following goods--WOOLLEN AND WORSTED AND HAIR GOODg.in class 35.

A Facsimile of the TRADE MARK can be seen at the Office of the Colonial Secretary of Heng

Dated the 6th day of December 1005.

kong,

F. X. D'ÀLMADA E 'QASTRO, 2704 Solicitor for the Applicants.)

The downstairs Furniture and part of the

Plants will be sold on Wednesday and the Red- room Furniture and remainder of the Plants on Thursday.

the

On View-Mouday and Taesday, the 5th and

6th February.

Catalogues will be issued Terms: Ar usual.

For further particulars, spply to

HUGHES & HOUGH, Auctioneers.

1283

Hongkong, 25th January, 1906.

PUBLIC AUCTION.

Undersigned have rousived instructions to Sell by Public Auction,

FOR ACCOUNT OF THE CONOBENED, On FRIDAY,

9th February, 1906, at 2.30 PM, at their SALES ROOMS. No. 8, Dos Your Road (Corner of Ice House Street),

A FINE COLLECTION OF OLD PEKIN CURTOS,

Sheet.

The Surplus over and above all Liabilities amounted to G $67,142,865.42.

in certain of

by A. (Signed)

pudations, the udility of life insurance bas Les more fully demonstrated than ever before.

Thore will be no effort by the now administra tion to have the Jigge, outpany lu the world the effort will be to make it the best and safest, Conservative lines will be followed. It will be the policy not to solicit or secure new business at ths expense of the present policyholders, sad in case it is determined that business in any section of the world is profitable, that field will be abandoned.

Oror 98 per cent, of our death claims are settled within 24 hours after proof of death in received, and since January let, 1905, through all of the agitation concerning lite insurance, this Society alone has paid out in death elninis and benefits of other kinds over G. $116,799 every working day.

Assuring you that it will be y constant endeavour to conduct the affairs of this Society' in a manner that will merit you? hearty appro- bation, I am.

Vary truly yours,

PAUL MORTON, Prosident

BALANCE SHEET.

September 30th, 1905. AEOUTS

U. $ 98,550,270.00 Secured Loans................

.113,778,008,04 Bonds, Stocksandother Securities 235,538,02 00 Cash in Banks and Trust Com-

Real Estate

panies deposited with Foreign Governments and in transit... 20,727,986.01

tions

to

a Second Extraordinary Gerral Meeting which will be enbsequently conved.

Dated the 25th January, 1905,

By Order of the Board,

JAMES WHITTAL,

Secretary,

RESOLUTIONS:

(1). That the Articles of Asomatioof the Company be altered in the frowing

manner:-

sub

The following Article shall stituted for Artiole 130, name: 130. The Board, through its Soorety, shall 'maks Yearly Statements of the ccounts of the Company from the leday: of January to the 31st day of Decber, in each and every year, which shalbe duly audited and presented to the Shohohlers, at each of the Ordinary Meetin of the Company, together with a Hope on the general position of the Company

(2) That the Board, through its oratory, shall make a Statement of the counts of the Company as from the 1st of May, 1905, to the 31st day of Dacever, 1903, which shall be duly audited anprosented to the Shareholders at the Ordinary Meeting of the Company to besid during 1908 and that, inasmuch as t Accounta of the Company have already in audited and presented to the Starchers to the 3011 April, 1905, no furth or other Statements of the Accounts the Com- pany for the year 190, shabe called for by or presented to the Steholders in ≫ this day respect of Article 130 substituted,

281 GREEN ISLAND CEMEN CO., LD.

HE SEVENTEENTH RDINARY ANNUAL MEETING Shareholders in the Company will be held inho OFFICE of the General Managers, St. Gary's Building, Victoria, on SATURDAY, 2 FEBRUARY, 1906, at 11 30 A.M. for the purp of receiving Statement of Accounts and tiReport of the General Managers for the ye ending 31st December, 1905, declaring Dividend and alecting Consulting Committeon Anditors

The TRANSFER BOOKS: the Company will be CLOSED from TUEDAY, the 20th February, until SATURDE, the 24th February, both days inclusive.

SHEWAN, TⱭES & 00,

General Bnagers.

362 Hongkong, 6th February, 16. HONGKONG & SHANGHT BANKING CORPORATIS.

TOPICE IS HEREBY IVEN that Lis

NOTICE IS LIVEN L Premiume in course of Collection 5,995,442.64 Corporation will be held at the City Hal

Agents balances .......... Interesi and tentals duo

7,664,640.76 4,014,092,65

Total assets....$416,165,500.10

INABILITIE

A conservative revaluation of the Assets, including a re-appraisal of all the real estate owned by the Society or covered by mortgages held by the tie laer adopted in the Society's has resulted in a reduction

last Annual Report, principally in Leal Estate and in Stocks of certain financial institutions. -

Yours very truly, (Signed) PRICE, WATERHOUSE & Co.,

Chartered Accountants Lowes DICKISON, F.C.A., C.P.A. | General Insurance Reserve; net

HANKING & SELLS.

present value of all out landing polices computed with 4,03 and 3 per cent. interest. Current Liabilities: Death olains,

endowments, unuitius dividends due and unpaid Commissions and Current Ex-

penses........ Premiums, interest, ke,, receiv

ia advanco Carit-1 Stock.

Certified Public Accountants,

by ELIJAR W. SELLA. Ú.P.A. You will ha gratified to learn:

(1) That all the assets claimed by the Society are on band, are of a high grade, and are cou- servatively worth G $416,106,500.10.

(2) That, over and above all liabilities, the surplus is G $67,142,865,42, about seven- oighths of which is a fund for division among existing deferred dividend patioion at the end | of their accumulation periods.

(3) That the reductioa in the book value of our necete and surplus is caused by a revaluation

on a conservative basis, and in no way reduces the income of the Society.

31,802,061.00

and

2,556,794,81

MEETING of the Sharesidexa in thi

Hongkong, on SATURDAY the 24th day.c February, 116, at Nook, fo the purpose & the Cart of Director receiving the Baport together with a Statemen of Accounts to 31s December, 1905,

By Order of the Court Directors.

J. R.. SMITH,

Cief Manager, Hengkong, 2nd February, 18, HONGKONG & SHANGHĨA BANKIN

CORPORATION

[334

2,195,414,13 NOTICE IS HEREBY GIVEN that of REGISTER of SHAES 1,399,364,68 Corporation will be CLOSED fro SATI 100,000.00 DAY, the 10th, to the 24th day Febru

(both days inclusive), daring whichperiodo Transfer of Shares can be registeret

By Order of the Court of Directes.

J. R. M. SMTH, Chief Maage Hongkong, 2nd February, 1996. HONGKONG AND WHAMPOA

Total liabilities.....349,023,611.68 Surplus

67,142,865,42

* 416,180,500,10

Comprising

The decrease in the vales of assets is chiefly We hereby certify that in our opinion tho VASES, WALL PLÅTES, INCENSE in real estate which was carried at pricas too above balance shot is correct and is properly BURNERS, OLD BRONZES, SILK EM-high, and in shares of certain financial institu- | drawn up so as to show the true financial posi BROIDERIES. TEA CUPE, SNUFF tims which were carried at market prices based tion of the Society at September 30th, 1905. BOTTLES, PALACE and TEMPLE on transactions which were deemed by the no-

(Signed) PRICE, WATERHOUSE & Co. HANGINGS, KAKEMONOS, &c., &c., &c. ¦countants to be excessiva.

(Signed) HasKINS and SELLS, 367 Catalogues will be issued, TERIN-As usual,

HUGHES & HOUGH,

Auctioneers.

350 Hongkong, 5th February, 1906,

PUBLIC AUCTION. THE Undersigned have received instructions from the Hon. THE HARBOUR MASTER, to sell by Pulifo Auction,

Ou TUESDAY.

the 13th February, 1900, at 10.30 ... at their SALES ROOMS, No. 8. Des Voeux Road

(Corner of Ice House Street). Five Cases RIFLES and EXPLOSIVES. N.B.-Inspecting Orders can be had on application at the Government Gunpowder Depot, Green Island,

TERMS :--ÀS usuel.

HUGHES & HOUGH,

Government Auctioneers. Hongkong, 8th February, 1808. [365

RETEENCIMENT

Economies amounting to G $600,000.00 your küvő already bean introduced, which if capitalized on a four per cont, basis would be equivalent to an additional investment of over G $15,000,000. This more than covers the marking down of ussole, I expect to instituto still further economies of a radical character.

-RESTITUTION:

Under IDVOR the part management traction money have boon carried through frequently without any proper authority of the Board of Directors and with vory meagre bookkeeping records, so that it has been difficult in many instances to secure explanation of carta in tren- | sections which have taken place during the last ten years, some of which involve a financial loss to the Bociety.

The liabilities disavowed by the Society, and the amounts restored to the Society approximate G81,000,000, and legal proceedings, bare been, instituted for the recovery of considerable additional surne.

THE HONGKONG, CANTON & MACAO STEAMBOAT COMPANY, LIMITED.

NOTICE TO SHAREHOLDERS. THE SEVENTY-NINTH GRDINARY THE SALTEARLY MEETING of SHAREHOLDERS in the Company will be held at the Office of the Company, HOTEL MANSIONS, FEBRUARY, at 11 A.M., for the purpose of Receiving a Report of the Directors, together with Statement of Accounts, declaring a Dividend, confirming the appointment of Directors and electing Auditors.

The TRANSFER BOOKS of the Company will be CLOSED from the 2nd to the 15th February, both days inclusive.

on THURSDAY, the 15th

By Order of the Board of Directors.

7 T. ARNOLD,

Secretary. Hongkong, 25th January, 1906,

[280

COMPANY, LIMITED.

NOTICE TO SHAREHOLDEE

THE ORDINARY YEARLY MEE

of Shareholders will be held the OFFICES of the COMPANY, Qa Buildings, New Praya, on MONDAY 26th FEBRUARY, 1908, at 12 o'clock for the purpose of receiving the Report te Directors and the Statement of Accounts 31st December, 1905.

The TRANSFER BOOKS of the Coat will be CLOSED from the 12th to the February, both days inclusive

By Order of the Board of Directors,

THOS. I. ROSI Secrets Hongkong, lat February, 1906.

LESSONS IN FRENCH.

JEW and easy method of learning Fri

in a few months, mainly by convers by a Frenchman. Terms very moderate.

*Also Lessons in English by an English U

B. R., Cere of Office of this Pape Hougkong, 16th August, 1995,

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