Entimations.
EQUITABLE LIFE ASSURANCE SOCIETY.
OF THE
UNITED STATES.
LETTER TO POLICYHOLDERS FROM THE PRESIDENT.
NEW YORK, December 14th, 1905,
TO. THE POLICY HOLDER;·
HAD hoped to make some statement to you before this, but I have believed it was best to wait until I could give you a final con- clusion in regard to the financial condition of the Society based on full investigation. This explains the delay in communicating with you. On June 9th las, under the condition that f shuld have full power as to men and methods, and with no pledges of any kind to any one, I was elected by the Director of the Society as CLAUSMAN of the BOARD, and ́ at ore assunzd the active management of the Society's affairs.
Soon after I was elected PRESIDENT of the SOCIETY and the Office of Chairman was abolished.
One of the first acts of my administration was the employment of Messrs. Price, Waterhouse & Company, chartered accountants of Great Britain and New York, and Messrs. Haskins & Sell, certified public accountants of New York, in investigate the affairs of the Society under, directions in render complete and ex- haustive reports on the following subjects:
1. The Society's annual exposes, including legal expenses, advertising expenses, agency expenses, and cost of securing business.
2. The real estate investiments of the Com- pany, including in the case of each parcel the value at which it is carried upon the books of the Society; the income which it yields; and the fair valuation of the property, whether 'above or below the valse at which it is carried upon the banks of the Society. (If necessary. real estate experts may be employed in as.. cestaining the value and income at the real estate, subject, of course, to my approval as to men and terms),
3. The other investments of the Society; their character; and the circumstances under which they have been made.
4.The Society's surplus and the manner in which it is carried upon the books of the Society;
5. The methods of keeping the Society's accounts, and the respects in which its account. ing may be improved"
6. The relations between the Society and the trust companies, banks, safe depant companies, and other institutions with which the Society is affiliated by ownership of cos derable amount of stock or otherwise. (In the case of every corporation in which the Society has a dominant or inpost int laterest, 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),
THE HONGKONG TELEGRAPH, THURSDAY FEBRUARY 15 1906.
Intimations.
ANNUAL AUDIT,
It will be the policy of the new administra tion of the Society to insist on an independent audit of its accounts as to its fiscal condition, once each year, the result of which will be published,
NOMINATION OF DIRECToks. “
Under the change nuweramp of a majority of the stock, the shares were at once puria trust; and Directors are now nominated by the rustees-Hon. Grover Cleveland, Justice Mo xag J. O'Brien, and Mr. George Westinghouse. -Thirteen Directors are chosen annually, and the Trustees will each year offer an oppor. tunity to the policyholders to express their pro ferences in respect of the choice of Directors,
POLITICAL CONTRIBUTIONS.
It will be the policy of the Society hereafter not to make contributions to political cam paigne, It is my opinion that we have no right to use the lunds of the Society for any such purpose.
:
REAL ESTATE MORTOAOBS.
In the last ten years this Society has loaned aver G $120,000,000 on ren) estate mortgages, mostly in large cities. Only is six of these eases has it had to take property under fore closure and in these six instances the property was sold so as to act a profit. It will continue to be the policy of the Society to make invest. ments of this description.
COST OF INSURANCE.
The very essence of life insurance is safety and, this can be secured only by reasonable premiums.
A great many Equitable policyholders are doubtless asking themselves the question whether it will pay them to continue their policies Touch I wish to say most emphati cally that my investigation of the affairs of the Society has convinced me that there is no cheaper way for the policyholders of the Equitable to have sound life insurance than by As I have pointed Felaining their policies.
out, the surplus of over G. $57,000,000, are safely invested upou a basis which returns an excellent rate of interest upon the revised valuations, and I expect in due time to accom plish rich economies that the cost of admins. tration and securing new business will be reduced to the lowest possible basis consistent with safety and eficie cy, I, accordingly, believe that by continuing your policies.in the Equitable you will receive life insurance at the lowest cost consistent with staty.
Your con
I therefore advise you to continue to pay your premiums: to allow your policies to lapse will be doing yourselves injustice tracts with this Sciety are as safe and sund is anything cartil, can be. Where lapies have an cady occurred the agents of the Society will cheerfully assist in restoring policies.
EXTRAORDINARY EXPENSES IN 1905,
I congintulate you and all policyholders in suivent concerns as the reformawry results of the agitation of the past year. This Society, alone has underg me four separate investiga tions since January tat. The extraordinary tegal and other expense entailed thereby is amply compensated for by the enforced restitutions and checked waste herein above referred to and by the final assurance you now have of the
1 am wealth a salvency of your S city. convinced but this and her av stearioss and the resulting stimulation of di cussion have 8. When the report of the Sew York Super attracted public atgutin la the impregn ble strength of established concerns like, the intendent of Insurame has be made that report should be celuily studie and every Equitable ninre effectually than could have. been done by any other means. While these måtter covered by it or by the recomme dation of the Commissioner should be carefu ly exam-nvestigations my have ben destructive of ined.
7. The abjects cw red by the repon of the Investigating Commuter of which Mr. Frick was Chairman sh uld be fully in stigated.
Subsequently a still or labo te plan of investigation was agreed upon with these accountants, sud doubt if toy America in surance comjesny ever before had such an exhaustive examination,
It has taken a large force of men fire months ty ascertain the ex et financial status of the Society, now fully exposed by the balance sheet fransmitted with the following note and repro- duced no pages 6 and 7.
New York, November 25th, 1925. Mr. PAUL MORTON, President,
The Equitable i.ife Assurance Society of the United States, 120, Broadway, New York, DEAR SIR:-The exhaustive examination which we have made of the affairs of the Equits able Life Ansurance Society of the United States is so far completed, that we are now able to furnish you with a Balance Sheet show. ing the true Financial l'osition of the Society on September 30th, 1905.
The Assets of the Society no claimed were all found to be on hand, and amounted in valus to G $16,165,500,10 at shown by the Balance Sheet.
The Surplus over and above all Liabillies amounted to G 67,142,855 4**
A conservative revaluation of the Assats, in cluding a re-appraisal of all the real estate owned by the Society or covered by mortgages held by the Society, has resulted in a reduc tion in certain of the values adopted in the "Society's last Annual Report, principally in Real Estate and'in, stocks of certgia financial institutions.
Yours very truly, (Signed) PRICE, WATERHOUSE & CO.,
Chartered Accountants by A. LOWES DICKISON, F.CA, C.P.A,
(Signed)ASKINI & SELLS,
Certified Public Accsuntants,
by ELIJAH W. SELLS, C.P.A.
You will be gratified to learn;
(1) That all the assets claimed by the Society. are on hand, are of a high grade, and are con -servatively worth G £16,165,500.10.
(1) That, aver and above all liabilities, the surplus is G 867,147,865.4% about saven. nighths of which is a fund for division among axleting deferred dividend policies at the end of their accumulation periods.
(3) That the reduction in the book value of
-and-
caused by a revalua- surplus is our assets tion on a conservative basis, and in 'ne way reduces the income of the Society.
The decrease in the value of assets in chi fy in real estate which was carried at prices too high, and in shares of certain financial institu. tion which were carried at market prices based on transactions, which were deemed by the accountants to be excessive.
RETRENCHMINT.
Economies amounting to G $600,000.00 3 your have already been introduced, which if Capitalized on a four per cent,'basis would be equivalent to an additional investient of over "G" $15,000,000. This more than covers the marking down of assets. I expekt to institute still further economies of a radical character.
RESTITUTION.
Under the past management transactions involving the expenditure of large sums of money have been carried through frequently without any proper authority of the Board of Directors and with very meagre bookkeeping recards, so that it has been difficult in many instances to secure explanation of certain fran sactions which have taken place during the last ten years, some of which (avalve a financial
loss to the Society,
The liabilities disavowed by the Society, and the amounts, restored to the Society approxi mate G $1,000,000, and legal proceedings have been instituted for the recovery of considerable additional sums.
individual heputations, the utility of life in- surance has been more fully item strated tha ever before.
There wdl be no effort by the new adminis tration to have the biggest comp ny in the world; the effort will be in make it the best ad safest. Conservative lines will be followed. It will be the policy not to solicit or secure new the expense of the present policy. business holders, and in cap it is determined that business in any section of the world is unpio fitable, that field will be abandoned.
Over 98 per cent. of our death claims are settled within 24 hours after proof of death is received, and since January 1st, 1905, through all of the agitation concerning life insurance, this. Society alone has paid out in death claims and benefits of other kinds over G. St 16,799
working day.
cvery
Assuring you that it will be my constant endeavour to conduct the affair of this Society in a manner that will merit your hearty appro- bation, I am,
Very truly yours,
PAUL MORTON, President,
BALANCE SHEET.
September 30th, 1995, ASSETS
6. § 28,559,270,00 13.776,006.04
....235,538,062.00
Real Estate Secured Loans Bonds, Stocks and other Securi-
t.cs.
Shipping.
Arrivals.
Pekin, Br. s.8., 2,53, W. R. Lo Mare, R.N.R.
13th Feb,-Kobe 6th Feb, Gen.-P. & O. B. N. Co. Banco, Br., 18, 3794, J. D. Fergusson, 14th Feb., Singapore 8th Feb., Gen.-P. & O.
S. N. Co.
Hyndes, Br. 5.5., 2,931, John Alwen, 14th Feb,-Seattle 1st Jan, and Shangbai 10th
Feh...Gen.-D; & Co, Ld. Kwangtali, Ch. ... 1,536, Wm. H. Lunt, Fath
Feb.,Shanghai 11th. Fob, Gen.-C. M. S. N. Co.
"
Vessels
Steamers Expected, "
***** Ångasi DNS
From
HONGKONG, '
Humphreys, Mr. and
Mr. R.
Anderson, Mrs. K. Austin, Mr. and Mrs.
9. H. and valot Austin, Miss Barschall, F. M. Battiscombs, H. G: Bell, R.N., Engr.-Lieut.
1. F.
Emp. of Japan Shanghai.C. P. R. Co Feb. 16 Yangis..... Singapore. B. & S. Feb. 17 Occanica..... Singapore M. M... Feb. 19 Java Singapore. P. & O. Co Feb. 19 Formosa..... Singapore P.&O. Co Feb. 20 Beanet, F. Borussin......
Colomba.H. A. L.... Feb. 20 Berblinger. A. Yawata Maru Japan. Y. K. Feb. 20 Birbeck, R. J. Siberia........Japan. P. M. Co... Feb. 24 Bish, W. N.
Bishop, L. C.
Kowloon
DOOK RETURNS. HONGKONG AND WHAMPOA DOCKS. U.S.S. Oregon..... Hyades Kwangchow ......... USA. T. Saward***
Saipamen came Nanshan U.S.9. Bainbridge ... | Chibli.....
Shantung
Lennox, Br. u., 2,140, F. McNair, 14th Feb. -Calcutta 24th Jan, Coal-, & Co., Ld. Sammen, Ger 11, 1,100, F. Richwaldi, 14th
Feb., Bangkok 6th Feb., Gen-B, & S. paurade, Ger. 4. eo, Jorgensen, 14th Feb. Iloilo 7th Feb., Sugar.-J. & Co. Keong Wai, Ger... 1,115, Kühlst, 14th Feb, Bangkok 6th Feb., Rice.-B. & S. Paoting, Br. 8.5 1,073, T. Cogan, 14th Feb,-
Tieto 10th Feb., Sugar.--B. & S. itettin, Br. 3.8, 1.396, J. E. Farrell, r4th Feb., -Singapore 8th Feb, Kerosine.-Mr. Geo McBain Haimen, Br. 8.a., 636, A. J. Robson, 15th Feb, Olry......
-Swalow 14th Feb., Gen.-D., L. & Co.
Kisling Heimdel, Nor. 8.s., 76, T. A. Johnson, 15th Amoy.
Feb,Cunton 14th Feb., Gen.-Chinese. Nam Sang, Dr. 5.8., 2,591, Geo. Payne, 15th
Feb,-Calcutta 30th Jan, via Penang and Singapore 9th Feb., Gen.-J.; M. & Co. Hinsang. Br. 5.8., 1,4:4, Daves, 15th Feb
uhu 10th Feb, Sugar.-J., M. & Co. Kilburn, Br 44 10, Le Templier, 15th Feb.,Pule Innt (S. Borneo) 3th Feb, Coal-D, & Co. Ld.
Clearances at the Harbour Ofes. Hatian, for Swatow, Wakamatsu Maru, for Mofi. Rinsing, for Canton, Telemachus, for Saigon. Banca, lor Mofi.
Anping Mars, for Swatow. Taiwan, for Canton. Aukiang, for Canton. Catherine Aptar, for Singapore. Stettin, for Shanghai.
Departares. Feb. 15. Japan, for Singapore, Hattan, for Coast Ports, Patroclus, for Shanghai - Katherine Park, for Vladivostock. Hrbe, for Canton. Pira, for Shanghai. Capri, for Bombay.
וי
Swatow.
hd, tou for Shan Pekin, lor Singapore, Fine, Ine Haiphong. Telemachus far Baigon, Catherine Apcar, for Calcutta. Awangtah, for Canton.
Paasengers arrived.
Pe Haiman, from Swaipw-Misses Bruhn, Johnsford, Masters Fruin, Johnsford, F. and W. Lynborg, 1, and P. Bruhn, and 108 Chinese.
Pei Nomiran, from Calcutta, &c.-Mr. W. N. Bish, 1,094 Chinese, and 1 Japanese,
Shipping Reart, Str. II imen from Twatow:--Moderate ENE, breeze, dill misty weather,
:
Str. Hanc from Singapore :-Light winds and fine weather throughout.
Str. Kwanglah (mom Shanghái:-Strong NE. monsoon, and thick misty weather.
Str. Pekin from Kobe-Heavy NE, gale, to Chapel Island, from there strong to moderate
Mons100-
Str. Paoting from Iloilo:-Fine weather and moderate winds to within 150 miles SE. of Hongkong thence strong monsoon, and hory
weather to port..
Str. Stettin from Singapore :-Light Ely winds to 230 miles from port; thence to part strong NE. winds, rough sea, and thick wea ther with much rain.
Cosmopoliton
SHANGHAI.
Hurst, RH, Engineer
Capt. Inpes, Capt. R. Jameson, Mr. and Mrs.
J. W. Jemingham, K.G.M.O,
Sir H. Johannsen, Edm Jokl, J. P. F.
Kent, H. W.
Kerr, F.
Mr. & Mrs. S. Kloger, Mr. ..
Bisney,
Bisney, Miss
Bissell, W. S.
Dock.
Blumenthal, J. B.
41
J. W. C.
#
"
Horden, A. P.
Bonnar, Mr. and Hre.'
Brockmann, G.
Broughall, L
Koenig, C.
Köhler, W. O.
Laing, A. H.
Lnullo, M.
Lovell, Mr. and Mrs.
PRAK,
Ambro, L. Androva, Mrs. Heau, A. Bentinck, Mrs., Boyle, Lady Florence
| Carruíbers,” Mr.
Carter, Mr. and Mrs: Chichester, Maj. A. A. Clothier, A N.
Josling, Lt.Col. Kaye, Major and Mrs. Knight, Mr. Lang, Mr... Maitland, Mr. and Mrs.
Martin, R.
Master, H. F. G.. Mitchell, R.
Cocks, Mr. & Mr. A. E, Mojj, Mrs. Corbin, Major-General Moss, Capt. G. A.
and Mrs. H. C. and Moxon, Mr. and Mrs. maid Couridoy, G. M.
Neville, J. C.
lis, F. B.
Painter, Major & Mrs.
Pann, Capt. G. A.-
Pollock, K.C., Mr.,
Engel, Mr. and Mrs. L. Sawer, Capt. and Mrs.
Scott, C. C.
Craddock, Mr. & Mrs.
Daniel, Mr.
Darling, Col.
Gales, Capt.
F. H.
Gaspar, Mr.
Searle, Rev. G...
Mackie, Vrs & Mines
Gastor, E.
Seymour, Lt. Col.
(a),
Gracey,
Mr.
Sinclair, A.
Bundell, L. S. Burnie, C. M, G
Marriott, Dr. O.
Campbell, L. F.
Meler, Mr. and
John
Mrs.
W. Douglas
+
Chatham, Hon. & Mrs.
W.
Chatham, Miss Clark, M. O.
Bth inst. New, Feb. 5. Clark, T.
da.. ,Tunkadoo,
Post Office.
Merecki, J.
Miller, L..
Moon, Mr. & Mrs. F. M. Moore, Dr W, B.A. Morrison, Mis, & child
Clarke, Mr. and Mrs. Kewall, S. G.
2:
T. W.
Newington, A. 'G.
Clarke, W. E.
Clegg, L., Eng.
Lt. Olife, O. C..
A Mail will'cious for:— Swatow-Per Nanshan, 16th Feb., 9 A.M. Moji-Per Wakamatsu Maru, 16th Feb., 10 A.M.
Macan--Per Bleungshan, 16th Feb., 1.15 PM Amoy, Swatow, Singapore and Samarang Per Méraði, 16th Feb., 3 P.M.
Manlia-Per Yuansang, 16th Feb, 3 P.M. Amoy, Swatow, Singapore and Penag-Per Rajaburi, 16th Feb., 5 P.M..
Manila-Per Rudi, 17th Feb., 15 AMG, Macao-Pei Heungshan, 17th Feb., 1.15 P.M. Shanghai-Per Cheyrang, 17th Feb., 1 P.M. Amoy, Manila, Cebu and floilo-Per Sung- klang, 17th Feb 3 P.M.
Foochow-Per Faxiang, 17th Feb., §. P.M. Shanghai-Per Kluklang, 19th Feb., 3 P.M. Moji, Kobe, Vokobama, Victoria, B. Tacoma, Wash.Per Tramont, 20th Feb,
10 A.M.
and Mrs. H. I. Colvin, H. E. Coulthart, J. Cranston, W. C. Cruickshank, A. Cunningham, G. Davies, Dr. F. H. 'Davies, F. O.
Deacon, F. B.
|
Dilmar, Mas. G.
Doolittle, F..H.
Douglas, apt. & Mrs. J. Dowley, Mr. and Mrs.
W. A.
Nicholls, E. A.
Parfitt,
Patey, Mrs. E. Q.
Peake, W.
Pecker, B. L.
Graham, Mr. and Mrs. Soovey, Capt. & Mr.,
Halahan, Staff Surgeon
and Mrs.
Stokes, MT,
Vandlin, Gordos
Voreker, Capt. & Ms. Hasan, Mr. and Mrs: Watson, Mr. & Mrs, M. Hazeland, F. A. Watson, W. E. Horton, Capt. Wm. E. West, G. G. van Howard, Mr. and Mrs. White, Dr. M. I.
W. H. Hughes, Mr.
Jacks, Mr.
Jeffries, H. U. · Jehrmann, H. C.
Pennefather, Mr. G. Alix, G.
I furdten, A. R.
Ligelt, C.
Powell, W. A.
Real, H. R. Reel, Dr. L. R. Rey, Mrs. J. and native
maid Rienecker, Mr. & Mrs. Downing, Mr. and Mrs. Roach, Mrs. J. S. and
T. C. and infant
child Evan-Jones, Dr. and Robbins, Mrs. J. F.
Mr. E.
Fischer, R. Fletcher, H. Fletcher, J. C.
Scott, Mr. and Mrs. J.
་་
G. and child Shen, J. J.
Simpson, E. H.
Spittles, J. S.
Forman, Mr. and Mrs, Skott, C.
E. R.
and
Fullaway, Mr. &
Shanghai, Nagasaki, Kobe, Yokohama, Hono Tatu and San Francisco-Per Coptic, 20th Feb,
10.A.M.
Tatiurne
Europe, & uia, vie Salosti, zoth Feb., 11. A.M.
Manila-Per Taming, 20th Feb, 3 F.. Shanghai, Nagasaki, Kobe, Yokohama Victoria and Vancouver, (B,C.)-I'er Tartar
21st Feb., 11 A.M.
Singapore, l'enang and Calcutta-Per Nam. Jang, 22nd Feb, 2 P.M.
Timor, Thursday Island, Cankioun, Cairns Townsville, Brisbane, Badney, Hobasi, Launces ston, New Zealand, Melbourne, Adelaide and Penh-Per Yawała Moru, 23rd Feb., 3 P.M. Manila-Per Zakro, 24th Fab.. 1: A M.. Europe, c. Inta. via Tuticorin-Per Delhi, 14th Fen, 11 AM,
Shanghai, Meji, Kobe and Yokohama-Per Timaki, 21th Feb., 4 P.M.
Batavia, Chrrhon, Samorang, Surabaya and Macassar-Pei Tiliwang, 26th Feb, 4 P.M.
Eur Zicten, 28th Febr
Cost.
4
Nagasaki and Vladivostocker Slovenia,
28th Feb., I AM.
Manila, Zamboanga, Part Darwin, Thursday Island, Cooktown. Cairns, Townsville, Br. hane, Sydner, Hobart. Launceston, Zeained, Maihieror, Adelaide and Perth--l'«• Trinan, 18th Feb., 3 P.M.
New
Manila, Port Darwin, Thursday Island, Cook. town, Caims, Townsville. Brisbane, Sydney, Hoban, Launceston, New Zealand, Melbourne, Adelaide and Perth-Pes Eastern, 3rd Mar
TOLM
Manita, Simpsonhafen, Fr. Wilhelmshafen, Herbertshohe, Matup, Samari. Brisbane, Sydney and Melbourne-Fe Willakad, 6th Mar, 10 A..
Tuticorin-Per
C. H. Graham, C. A, Grant, RN, Capt.
Mrs. Gray, T. C.
Mrs. Stein, A. L
and
Greenwood, D'Arcy,
W
Hall, Capt. T. Hanghwont, W, B. Hargreaves, L. A. J. Harker, B. B. Harris, G. T. Hollingsworth, Mr.
Mrs.
Holt, B. G. Hunter, R.
Arthur
H. W.
Stephens, H.
Stevenson, R.N., Lieut.
Comdr. and Mr. E. Thomas, H. P.
Thomas, Miss M. L..
Timke, A. M.
Wakefield, Mrs, and
Mies
Watkins, Miss E. Welch, T. C.
Whitlow, Mr. and Mrs.
& Wolber, Mis
A. W. and a children
Wood, G. G.
Young, I: A.
Wilkie, Mr. and Mrs.
Jahn
Wonde, Mr. and Mrs.
Van de Woodward, Mr. & Mrs.
OCCIDENTAL.
Majer, Capt. and Mr.
arthur, Mr. and Mrs. Ñ. J.
H. W.
Black, M.
Caspersen, S.
Fernandz, B. J.
Koyt, Dr. F. Korff, H.
Krill, G.
Lorenzen, Capt. H.
Majer, Master W.
Munro, Miss A
Neave, G. H.
Owet, O. E.
Packham, Mr. & Mrs.
R. and 2 daughters Priest, W
Ramirez, Mrs. E. and
Lowe, Mr. and Mrs. J. 3 children
C.
Lowe, Miss Steule
Vogtland, F
CHINA COAST METEOROLOGICAL REGISTER, February 14th, 1906, a.m.
„Bar. Th. Hu, Wind Wr
Vladivostock.? 230). Nemuro...... a.m.29.57 Hakadaye..
Tokio
Kochi *****
י.
30.00
мын
+
29 54
1
29.83
1
130071
1 30.23
oshima... Oshima
11
[30.19*****
NW
(30.12)*****
Nnbȧ Ishigakijuma Thitake Taichu......... Tainan........
30.05
2.11 20.08
30.03
30,01
Koshe Pescaduras...
12
39.95
30.02
wsw
Gotzlaff
11
Sharp Peak..
30.17
30.28 43 91
Amoy
NE
Wright, Mr. & Mr. T. Velhaiwei... a. 30.29 31
KINO KUWAND.
r. and Mrs. Lamb, Mr. and Mrs.
Backhouse, J. H, Barnes T. W
Banton, Mrs. E. G.
E. F.
Longstaf LW, Lyons, J.
Kubavitch, Mr. & Mr.
Brown, Mr. and Ms. 0.
S. E
Cartley, Miss E. W. Cruikshank, J. Delaney, L. T. Deman, Mrs. R. H.
Van Dismukes, Lt. Comdr.
D. E.
Mackay, Walter
| Swow
Cantur....... Hwangkong
ctoria Peak
| Gap Rack...
Marno Haiphong..
Mackay, Master W.
Manila....
and
Bacolod
Cebu
Mackay, Mri.
governess Mansel, Dr. H. L. More, & Mrs. F.G. Moses, E. J.
Mouller, Mr. and Mrs.
A. B. Aoutrie, S. Mailer, Dr. F. Munsell, E.
Dismukes, 1). E. and
child Pouglas, Mins Early, Misses Ferguson, Misses
Nuraw, E. Fraser, Mr. and Mrs. Oldenburg,
R.
Asthan, Mr. & Mr. E.
♫. W. Furse, Col. G. A. Ganay, Comte G. de Haffner, Mr. C.. Jackson, tre and child Jackson, Capt. T.
Vonaels in Port.
STEAMED Binh Thuan, Fr. 8.6., 1,000, R. Lagane, 13th
Feb.,Wakamat u, (Japan) 7th Feb., Coal, Viria and Vincauyer. B.C. Pe: Empren Jansen, Mr. and Mrs, Rutherford, T.
-B. & Co. Cairo, Nor. 1.9, 7,381, J. Larsen, 13th Feb,,--
Majigth Feb., Gen-Order.
Coptic, Br. 5.8., 2,744, Wm. Finch, 2.N.R., 12th Feb., San Francisco toth jan, Honolulu 17, Yokohama 311t, Kobe 2nd Feb, Nagasaki b, and Manila 10th, Wails and
Gen-0. & O. S. S. Co.
Daini Talan Maru, Jap, ss, 7,489, Kito, 11th 1th Feb-Moji 30th Jan, Coal,~~Mr, Kusckabe. Derwent, Br ss., 1,562,' J. Genkins, roth Feb. -Sourabaya 24th Jan, and Samarang 31st, Sugar and Molasses.-Man Pal. Cash in Banks and Trusi ·Com-
Dr. Hans Jürg Kizer; Nor. 5.1, 691, H. E. l'ec., Larsen, 19th Dec,-loilo 14th panies dep sited with "Foreign Governments and in transit...
Sug-Aagnaid & Thoresen Co.. *0,727,986,01 Premiums
course of Collection 5,895.442.64 Fausang, Br. sa., 1,300, F. Whealer, olh Feby 7.664.640.76 -Sourabaya 31st Jan., Sugar.-J., M. & Agents' balances Interest and rentals due............ 4,034,097.65
Total assets...G. $4 6,166,500.10
LIABILITIES.
General Insurance Reserve; nel present value of all outstand ing policies computed with 4.03 and at per cent. interest Carrent Liabilities: Death claims, endowments, anguities and
342,802,061,00
dividends due and unpaid... 2,556,794.81
Commissions and Current Ex-
penses
* 2,195,414.19 Fremiums, interest, &c., received
1,399.364.68 100,000.00
--
in advance... Capital Stock endedor e ens
Total liabilities...349,023,63148 67,147,865.42 Surplus
416,166,500.1
We hereby certify that in our opinion the above balance sheet is correct and is properly drawn up so as to show the true financial posle tion of the Society at September 30th, 1905.
[21
(Signed) PRICE, WATERHOUSE & Co. (Signed) HASKINS and SELLE.
THE HONGKONG STUDIO,
HIGHER CLASS PHOTOGRAPHER, 41 & 43, QUEEN'S ROAD CENTRAL, TOP FLOOR,.
DORTRAITS GROUPS and ENLAP- GING and COPYING in all Sizes.
LARGE SELECTION or VIEWS ALWAYS ON HAND.
PRICE VERY MODERATE, Hoogkang, 15th September, 1901
Co.
Europe, &c. India, va Tourane, 6th Mar-11 A..
Shanghai, Nagasaki, Fohe, Yokobuma, of Japan, 7th Man, TEAM.
In 'Europe. Rr.
via Takmi. Te Oceanian, 70th Mar., 11. A.M.
From and after the 1st January, 1906, the Tate for Postcards from Australia to Hongkong and British Postal Agencies in China is one penny instead of one peuty and half penny.
VISITORS AT THE HOTELS.
KOWLOON.
Hall. A. J. Aiulie, Dr. D. H. Charlton, R., Capt. Reynolds, F.,
and Mrs. E, and Schutzer, Mestre, M.,
Senior and Junior Vergue, Mr. and Mrs.
C. R. da la
nurge
Crawford, Mrs. A. Cullen, Mr. and Mrs. Fenton, Mrs. C. J.
NAMP
H. Parker, Mr. and Mrs. Parker, Miss Parker, W. T. Pearse, Dr. W. W. Playfair, Mr. and Mrs. Rice, Mrs. F. D.
Schmitz, A. F. and child Johnstone, Capt. W. P. Smith, É. A, Jones, F. H. Joseph, Mr. and Mrs.
E, 'S.
F. P. and family Keeney, Mr. and Mrs. Logas, W,
Slaeger, O. Stempel, M. Unbehaun, C. H.
Wyck Zurriaanse, Jr., Vazquez, Mr.
Capt. & Mrs, N. van
CRAIGIBHUMN.
Adama, M. and Mrs. F. Reynolds, F. O.
R. J.
Barnett, H. J. O. Dano, G. H.
Smith, E. Grani
Smith, Mr. and Mrs.
Grant Smith, Percy
Gaskell, Mr. and Mrs. Marchant, Capt, and, Soppa, P.
Mrs, and children Marchant, Miss Jameson, P.-S.
ya |3001 am 10.04
um
30 00
"
30.03
*
29:96
ly am
+1
+1
C. St. James. [100
111121|
February 15th,, 1905, a.m.
Vladivostock.
Hakodate Tokio ........ Kochi
Nemuro......6a.m.29.57
Nagasaki..... Kagoshima...
Os m
Na 1
*
Ishigakijima..
Taihoku...... Taichu......... Tainan
Kothun ....... Pescadores... Weihaiwei ...! Gutzlaff Sharp Poak...
$29.70
(30.06
30.23
BW
130.27]
30-19
30.12
29.85
29.97
a.m.30.06
H $30.03
30.01
29.97
#
30.02
a. In
30.27
+1
90.16
Amoy 6.30 a Swałow
Canton
30.09
Hongkong roam 30.07 57
19
Victoria Peak Gap Rock... Macao......... Haiphong... " Manila Bacolod...... loite........
Webb, Mr. and Mrs. Cebu du
Montague
13003-
30.02 £6
14 am.
30.04) 81
17
C. St. James 10 LM.
HIS BRITANNIC MAJESTY'S SHIPS ON THE CHINA STATION,
CAPTAIN.
Commander Harbord
Flongkong
CLASS.
TONE.
GUNS. I.H.P.
LAST REPORTED AT
despatch-vessel...
1,700
3,000
cruiser, 1st class
***
11,000
16,500
411
cruiser, and class
torpedo boat destroyer ...
7,900
Captain R. Nelson Ommannay Lieut.-Commander R. 'H, Heaton
Hongkong H
Hongkong
4,362.
7,000
cruiser,
2nd class
·4,360
7,000
sloop,
---
1,070
1,400
Captain Lionel G. Tufnell Captain H, H. Torlesse... Commander II: du C. Luard...
Shanghai Hongkong
water lank and tug...
390
300
sloop
་་
1,070
1,400
cruiser, 1st class
11,000
16,500
7,000
7,000
***
7,000
*
***
torpedo boat destroyer
$7,000
torpedo boat destroyer ...
306
5,700
4,350
7,000
134
torpedo boat destroyer
175
*4,000
torpedo bost destroyer
175
*
special service torpedo-v...|
6,400
cruiser, est class
12,000
21,000
torpede boat destroyer ...
torpedo boat destroyer.
Haan, fh, s.3., 1, 83, J. S. Roach, 13th Feb., -Fonchow 9h Feb., Amoy 11th, and "watow 13th, Gen.-D. L. & Co. Haus. Wagner, Ger, 1.5, 965, Kayomann, 3rd Feb,Swatow and Feb, Ballast.-L., W. & Co. Kohsichang, Ger. s.s., 1,296, C. Golawisch, gib
Macrity Feb., Bangkok (Anghin) 1st Feb., Rica
"Andromeda And Timber, B. & 9.
Arun.... Astraca Feb-Saigon 7th Feb., Gen.-Chincte Lacxies, Br. $.5., 1,500. J. B. Jackson, sath Loral, Ger. $.1, 1.736. L. Lorenzen, 13th Feb., Bonaventure
Cadmus Bangkok 3rd Feb., Rice-S, W. & Co. Luchow, Br. s., 1,217, Baddeley, 13th Feb., Cherub
Clio Cardiff 29th Dec, 1905, Coal.-B. & 8.
loth Diadem Merapi, Dut. •., 1,552, E. M. Nedals,
Dee Feb,-Singapore 3rd Feb, Sugar-Order. Mercedes, Br.transport, 2,900, 1., McGregor, Ene
Eurick 6th Feb,-from Pulo Condore Island. Rajaburi, Ger. s.a., 1,t8y, O. Koch, 10th Feb, Exe
Fattig... Swate 9th Feb., Rice.-B. & S.
Flors Rubi, Br. s.., 1,619, R. W. Almond, 12th Feb,
Handy -Manila 10th Feb., Gen.-S., T. & Co.
Hart... Sungkiang, Br..s., 987, Pennefather, 10th
Hecla ... Feb.-Cebu and Iloilo 6th Feb., Sugar
Blogue...... and Hemp.-B. & S. Tartar, Br. 8.8., 2,768, W Davison, R..., 6th | Itchen..... Feb., Vancouver 8th Jan, and Shanghai Janus..
Kinsha 3rd Feb., Gen.-C. PR. Co. Victoria, Swed .., 988, J. A. Hellberg, 23rd. Moorhen Jan-Moll 16th Jan., Coal, S., W. & Co. Otter ... Wakamatsu Maru, Jap. 1.8., 1,720, Y. Oda, 12th Rambler Feb-Moji 7th Feb., Coal-H. U. Robin...
Sandpiper... Jeffries. Yuensang, Br. s.8., 1,128, F. H. Rolle, 12th Snipe Feb-Manila 9th Feb., Gen., M. & Taku Satie -Tamar
Teal .... Virago Waterwitch Whiting an Widgeon. Woodcock... Woodiark
Co
SAILING VEIBELA, Oira, Nor, ship, 1,199, E. Refsnes, 24th Dec.,
Fremantle 18th Oct., Sandalwood-S. & Co.
Rose, Br. bq, 811, Wright, 10th Nov.-Was! Australla 4th Aug. Sandal Wood-B. & Co.
Vincent, Br. ship, 1,724, Cox, 28th Jan,
Philadelphia zoth July, 1905, Oil-9, Op.
***
***
+
***
torpedo boat destroyer...
torpedo bost destroyer...
torpedo boat destroyer
cruiser, zad class
river gunboat "
rivar gunboat
torpedo boat destroyer ... surveying-vessal
river gunboat...
river gunboat ...
river gerboat
torpedo Lust destroyer...
crafter, 1st class
4,000
2,400
7,000
3,900 1,200
Boo
Commander II, D. Wilkin, D.1.0, Captain H. W. Savory Lieat-Commander H. E. Sulivan Lieut.-Commander. Rather
Lieut. Commander Lewin Commander A. F. Everett Lieut. Commander Stevenson ninin H. Grant-Dalton Captain Lieut.-Commander H. B. Cox Licut-Commander Richard... m
Captain B. F. I. Chariton
-Captain Shortland
FRJ
Lieut.-Commander C. Saymour Lieut-Commander W. H. Datwall Lieut-Commander E. V. F. R. Dogmorej Lieut-Comínander F. B. Noble... my Lieut-Commander J. Kiddle Commander C. E. Monro de Lieut. Comunandar Róbert E. Vaughan, Lieut.-Commander H. T. Allay ... Liest-Commander. J. T. 8. Lyña ...
is reserva ***
Yanglers Hongkong Yangiste
en route Japan Hongkong
en route Singapore Hongkong
an route Singapore
Hongkong
Hongkong!
West River ...Hongkong Hongkong
201
Hoogko
Hongkong
Hongkong
6,300
650
West River
240
Wen River
740
Yangtise.
740
river gunboat
receiving ship
250 13,000 4,650
6.500
Hongkong
$1,000
Captain W. 1. Grant
***
Hongkong
Commodore, P. Williams.
Hongkong
Bog
Lieut.-Commander
E. Secretan
Ju
149
Yangtze
torpedo boat destroyer
355
6,300
Lieut. Commander Hughes...
рад
Hongkong
surveying ship. He
620
450
Commander R. W. Glennie
Hangkoog
torpedo boat destroyer...
360
5,000
Lieut. Commander C. E. L. Thomas...
Hongkong
river gunboat.
800
Licut Commander G. B. Spicer-Simeon Yangizio
river quaboal..
350
Lieut-Commander G. 1. Todd
*
Yungtsse
river gunboat...*
550
Lieut-Commander Ind. F. Knox in Yanktszą
17
**
י
* Flying Flag of Admiral Bir Gerard V. Noel, Commander-in-Chief,