1908-02-07 — Page 11

HONGKONG AND SHANGHAI BANKING CORPORATION.

ANNUAL REPORT.

The eighty-fifth report of the Court of Di -rectors to the ordinary half-yearly general 'meeting of shareholders to be Beld at the City Hail, Hongkong, pa Saturday, the 15th inst., at noon, is as follows:-

To the proprietor of the Hongkong and

Shaoghal Banking Corporation.

ST Dec, 1907. after making pro vision for bad and doubtful debts, da ducting all ex-

THE HONGKONG TELEGRAPH FRIDAY FEBRUARY 71908,

penses and in 4

terest paid and'

duo: 3,145,805.52'.

$4,942,974.1.6

$4,942,974.05

STERLING RESERVE FUND,

POE SANITARY BOARD

FORTNIGHTLY MEETING,

The usual faitnightly meeting of the Sani- sary Board was held last Tuesday afternoon, whan the following business was transacted

BRIDGE TO CONNECT KINO'S AND YORK NobuILDINOS, CONNE

ILLEGED CONTEMPT OF COURT,

A PROHIBITORY ORDER. ASTARAMAN

“LOSS OF SIS." YIR, SANG””

THE NEW

In the Supreme Court yesterday afternoon be fore his Lordsbip the Chief Justice an application was made which alleged contempt of Court. This was a motion that Kwan Koon Sue, ether wiss Kwan Tan Shup, of No. 51 Boabam The followlor correspondence relative to the freet West, Fuang Heung Choun, of No. 124|| William, Sladrach Thema munter "tuarine Shanghai, reportsRAINED. Nema of 27th - erection of a bridge to connect King's Building 'Boobam Strand, be committed to prison on Wing Lok Street, and Shum Pak Ming, of. No. with York Building was submitted." ...

the ground that, in breach 21st Janunty, 1908,

27 Dear Sir-We berewith beg to enclose you order made in an action of the prohibitory kong, was master, left Wakamaten, Japan, at 3 on board when the Hanine laft, the new pau!

on Dec. 4th, 1907 ans Bark, and balance sheet for, the half-year To balance £1,500,000 @ex 2/-* 515,000,000.00 tracing of the plan forsent to the Building Tak Tung bank) and the Wing Shani Firm between Keu Ching Tang (trading as the Tal ending 31st December, 1907.

notice for which has been they did soll the goods mentioned in the pro- $15,000,000.00 | Authority,, quv

(Sd.), LEIGH AND ORANGE

hibitory order, and appropriated the proceeds The Secretary,

of the sale, and disobeyed the order of the Court. Sanitary Board.

Gentlemen-The directors have now to sub-

mit to you a general statement of the affairs of

The net profits for that period, including 51,797,367.51, balance brought forward from last account, after paying all charges, deduct. log interest paid and due, making provision for bad and doubtful, accounts, amount to

directors recommend the transfer of $500,000

from, the 'profit and less account to credit of the Silver Reserve Fund, which fund “With the addition from the premium on the new 'abares, will then stand at $13,5% 1000%;

$10,000,000,00

By balance 30th June, 1997,

£1,000,000 ex, 2/ By part of premium on pow

shares, 500,000 @ x 1/5,000,000,00 (investedia sterling securities)

$15,000,000.00

Alter making this transfer and deducting remuneration to directors there remains for To balance appropriation 54,427,974.06, out of which the directors recommend the payment of a dividend of two pounds starling per share on the 'old 'shares, and a proportionate dividend, For one poued and top shillings sterling pet share on the new shares, vix; £320,000-wbich at 1/91, the rate of the day, will absorb £3,427,586.21.

***The balance $2,000,387.85 to be carried to new profit and loss account,

*CAPITAL..

The shares of the new issue have all been aflotted and paid for in full; the capliat now stands at 515,000,000, and from the premium on the now shares the Starling Reserve Fund has been lacrease by sooo and the Silver. Reserve Fund by 51,150,000,

DIRECTORS.

The Honourable Mr. H. Keswick has been elected chairman for the year 1908, and Mr. E. Goetz, deputy chairman.

Mr. A. Haupt, having resigned his seat on leaving the Colony, Mr. G. Friesland has been invited to fill the vacancy; the appointment requires confirmation at this meeting.

Mr. G. H. Medhurst, Mr. C. R. Lenzmann and Mr. H. E. Tomkina retire in rotation, but being eligible for re-election, offer themselves accordingly.

AUDITORS.

The amounts have been by Mi, W. Hution Potts and Mr. A. G. Wood, who offer them selves for re-election.

G. H. MEDHURST, Chairman,

Hongkong, 4th February, 1908.

ADSTRACT OF ASSETS AND LIABILITIES -31st December, 1957. Liabilities.

Silver Reserve Fund,

Marine Insurance Account, ..*** Notas in Circulation":-

Authorised issue

SILVER RESERVE FUND.

By balance 30th June, 1907...... By balnace of premium on new

By transfer from profit and lass

account

J. R. M. SMITH,

Chief Manager.

C. W. MAY,

Chief Accoustapt.

G. H. MEDHURST) H. KESWICK

C. R. LENZMANN)

$13,500,000.00

$13500,000.00

30,00 $13,750,0

1,250,000.00

500,000.00

$13,500,000.00

Directors.

RECOLLECTIONS OF'A

SECRETARY.

Due perhaps to great extent to the confiden tial nature of the greater part of their duties and daily round, it is probably unlikely that there are many classes or professions who en joy greater scope for, strange incidents and tales at the expense of their seniors than the "ever ready always watchful secretary and long as no onmes be mentioned but little barm can be done relating a lowe

The

"

י,

bête noir" of the Singapore Secre tary is the "Annual General Meeting." As you all know, it is always provided in the Articles of Association of a company that a -quorum-for...a-general meeting shalt be so many, say five way six, and wae belide the poor secretary of any company the quorum of which for a general meeting is made to be more than "two persons personally present, for in Paid-up Capital ..................$ 15,000,000.00 cases out of 100, if such be the case, it will Sterling Reserve Fund £1,500,000

Occupy the secretary's whole mersing fruitless. @ex 2/-

15,000,000,00 ly endeavouring to ensure that the provided 13,000,000.00 #5 shareholders shall be present in person "

250,con.co that fateful phrase in person and the haterat legal light who invented it, for one can get plenty of people "present in spirit" but when it comes to being present in person" it's quite another tale. Sorry Mr.............but mail's off to the Azores to-day," or Timbuctoo or some where, that is if it happens to be any day but Thursday or Saturday which have the “Europa punya"; msil, and on which day you might just as well hope to get a quorum as to gather pearls from a gooseberry bush. Many is the meeting held in the Bingapore Exchange at which the two people present in person, at the advertised time, that is to say, the very noble chairman and the doble secretary have found it pecessary to go upstairs to "the Club and gather in all those in that highly populous spot who happen to hold scrip in the "Pahang Bull Bear and Sheep's Head Company Un limited," in order that the business of the mect ing may proceed in accordance with the law -126,956,751.12 provided.

against securi ties deposited with the Crown agents for the Colonies and

their trustees. $15,000,000,00 Additional inaus authorised by Hongkong Or.

dinances - gainst coins Todged with the H'kong Govt,

Current accounts,

711,147.00

Silver,579.411.028.55

Cold, 44,909,913

485 47.545.722.57

Fixed deposits,

Silver,

Gold, 24,816,419

$50,679,064.80

9. 40. 40,441,350.60

15,701.147,00

97,120,415,40

Bills Payable (including drafts on.

London Bankers, call loans and short sight drawings on London office against bills receivable. and bullion ship- ments), .........somoon. 11,475,783.32 Profit and loss account, ........................

4,947,974-06 Liability on bills of exchange ru

discounted Cr,pingin it, ad of which £4.923,703 gr. gửi have. *nlace run off,

Aistis.

Carb, Coin lodged with the Hongkong" Government against authorised, and/or excess note circulation... 10,000,000.00 Bullion in hand and in transit,... 4,131,765.92 Indian Government rupee paper, 2015.391.84 Consols, colonial and other se

curities ................ 6,403,912.25 Sterling reserve fund investments,

|

Mr. Slade (instructed by Mr. d'Almada e Castro) mads the application on behalf of the plaintiffs, Mr. Pollock x.C. (intructed by Mr. Looker, of Messrs. Deacon, Looker and Deacon) appeared for the first three respond

TULL TEXT OF THE FINDING, The full text of the finding of the Marine TRIAL TRIP OF 6.8 HUNING.* Court of Inquity into the loss of the steamship A very suc

successful trial the took place on Yik Sane, is published in the current issue of Saturday afternoon of the Imperial Maritime We find that the British steamship Haning which has been built for the protection the Gastle and is as follows

Customs now sleum fro flost and salvage-bost Sakey, Official No. 115,824 of ondon, of which of shipping within the limits of the port of cerificate of competency No. 1391, Hong January. There was a large comber of gueste pm. on the roth January, no a voyage ^loi

senger pontoon off the Bund at 'a' p.m. hod

Master). G. T. B. J. Eldridge (Deputy Coast these included Messrs. H E. Hobsen (Com- missioner of Casto us), W. A. Carlson (Haibour Inspector), D. C. Dick (Engineer-in-Chief of the 1. M. Customs), W. B. Buyers (Customs Surveyor), J. A. Olsen and A. H. Budgen (Har- hour Department), C. P. Dawson (Chief Tide- surveyer), G. S. V. Bidwell (CLief Engineer, F, D.), H. D. 8. urkall! (Departmental Eg. ginter, S. F. D.), Capt. A. D. 3. Powell & Mr. Grant (Rev. Cru. Lintsing), Messrs. L-Smith

Matheson & Co., representing Vean.

I see no objection to this proposal. It fants, and Sir, Heary, Berkeley (instructed by during the night, wind N.E; to EE Vuyip dine, and Sons), Weir (C. MSN.

The Director of Public Works replied Meurs. Leigh and Orange have submitted a plan for erecting a bridge over the lane ba (ween King's Building and York Building so ar to connect them so the third storey........... however, a technical contravention of Section 175. Ordinance & of 1903, and I would there fore ask you to submit it to your Board at an carly meeting for their consideration.

The Medical Officer of Health minuted--I see no objection.

Mr. Bowley of Messrs. Dennys and Bowley) appeared for Sham Pak Ming

W.

to deny partnership so that the motion could Cherue) in order to be on the safe side, Engineering, and Ship-building Works, Ta-

"Mr.^ Slade said. Shum Pak Ming had closen

not continue against him.

be

costs

could

1. Reyooide and McWilliam (Now

spector Mellows River Police) and foreign and native constables from the River Police.

The Huning proceeded slowly upriver until the junk anchorage was paired and then in- creased her speed until she was making an average of at least nine knots. A call was made at the Kiangnan Arsenal Wharf, where. the Polyang Chang

Flag-Commander Cha party A short dis

Sir Henry Berkeley asked that the motion discharged with costs. He contended that

·CEMETERY FOR KOWLOON.

he was entitled to costs since he had attended. Correspondence relative to the site for a

The motion so far... as' it referred to Shum cemetery at Kowloon on the north side of the Pak Ming was discharged and

and argument

as toʻ harbour was tabled. With regard to this matter, which was submitted to the Board since pats was deferee plaintiffs was that he bad the Registrar General wrote on the 24th. obtained an interim prohibitory order attaching 1905, instant :-) think the question of opening 20,000 piculs peas and boats, and 5,000, picule cemeteries on the Kowloon side of the harbour peanut oif. Judgment was subanquently for Europeans and for Chinese Christians might obtained against the defendants for sum of be re-considered by the Board now.

The Secretary of the Sanitary Board In 37,222.22, and $208,33 Writs of execution were issued, and prohibitory orders for the January, 1905, bill immediately to the east of attachment of moveable property of the Kowloon Tong viilage and a little to the norkelerdants were issued and served on the of the boarding line was selected by a com: Wing, Shan firm, prohibising thems from de mittee at the most suitable site for a Colonial livering 30,000 picuís of peas and beans, and cemetery in Kowloon. The site was recom- 6,000 piculs of peanut oil to the defendants board bow, through a rift in the smoke. Ha separate hoses"were coupled up to the gun- mended by the Board in March, 1905. In or to any other person. Subsequently the reply, the Baad was informed that it was a Wing Shua firm sold the goods covered by Hittle premature to ear-mark so big an area prohibitory order, after the service of the at Kowloon at the present time. In August, interim prohibitory order, bus contended that 1906, the Board requested the Government to the goods did not belong to the defendant reconsider its decision in connection with the firm.

Mr. Pollock contended that the men could matter. In reply, the Hoard was informed that it was not possible to make provision in the 1907. not be committed for disobedience unless Estimates for the beavy expenditure which will there had been personal service. Be involved in the formation of a cemetery al Kowloon to correspond to the one in the Happy Valley, but that the necessity for such n cemetery is not being overlooked in the plans for laying out Kowloon.

Ockney Islind, of which a four point bearing Canton, with a full cargo of coal and no passengers All went well unii! passing was taken, which placed the ship 67 miles off that light when abbam at 5.47 pm: od the 14th January. The course was altered at that time from 38 W to S. 48 W. (Time), the engines making 68 revolutions, which should ive her about 8.a knots. After losing sight of Ockseu, nothing further was sighted. The weather was fairly clear, but misty at intervals in force from 3 to 4. Sea slight from N.Ely,

At 11.50 p.m. the course was altered to S. 46 Island Light not having been sighted. ed. Immediately after this alteration of course the master left the bridge, leaving orders to he called should the weather become thick. The Male, William Gibb, certificate of competency as master, No. 024,433, Greenock, was at that time in charge of the dark, but was relieved at the second mate, James Pringle, certificate of competency as master, No. 2205 watch, and the weather continued as before, was made fast alongside a pontoon and a Hongkong. Nothing was sighted during his tance

tance: above ibe, Arsenal the fire-float illy at intervals. At 4 a.m. the mate again borough test was made of the pumping relieved the deck, and remarked upon it being engine, monitor and bose. A large-mouth still misty." The Japanese coal in use in the nozzle was fitted to the swivel-monitor and the furnaces caused a considerable amount of test showed that this was capable of throw. smoke, which obscured the view to leaward, ining to any direction a powerful stream to a the direction of the Brothers. At about 4.13 a.m.height of more than one-hundred feet, with the mate saw the High Brother absut two, from sixty to seventy-lb-pressure. Next six- ship's lengths distance a low degrees on star immediately put his helm bard a starboard, and the ship bad turned through about 7 polats when she took the ground amidships at about 4.44 m. le boats were got into the water; the Chinese After grounding, the ship.rapidly filled, and crew rushed the boats, and one was swamped alongside. The master was the last to leave

In proposing success to Haning ("Pro. te ship, the chief engineer failing to follow tector of Shanghai*), Capt, W. A: Carlson said The that they had now had an opportunity of judg- The Chief Justice. Have you any authority him, after refusing to precede him. for saying personal service, most he proved it Chinese in the boat, in which the master, ing the qualities of the new tre-finat. It was they admit it by their actions, and the ad-nate and second mate wete, losisted upon not intended that the Huming should in say missions of their solicitors?

sheving off, and the chief engineer had to be way be a competitor to the Municipal fire flori, left behind. The boatswaid, a Chinese, who although she would render assistance at fire on shore if required; but he might recall 10 was in charge of the other boat occupied, in spite of orders to the contrary, insisted upon their memory the occasion of the outbreak of The Chief Justice: I presume there in-

altempting to land on the rocks, with the fire on board the sit. Perlak, whilst at anchor dividuals who discussed the matter were their result that his boat was swamped. Five off the mouth of the Huangpu on August, 22, solicitors

Chinese were found to be missing at 10 am,,

1905. That fire would probably have resulted Argument was contioned during the after.ut there is ao-evidence to prove from which in the destruction of the ship, had it-not-bean-

boat they were lost, or whether they ever for the timely assistance rendered by the even left the ship. The ship sant shortly after Municipal Fire Brigade and float. He was the boats left-her.

We find that the ship was properly and had seen.

present at the time and spoke from what he Had the Perlak sunk at her moor- prudently navigated. That a proper look outings, she would have Been a very serious was kept, and all reasonable precautions were obstruction to navigation for a considerable. taken. The accident was, in our opinion, due time. They might also remember that 1000.

Mr. Shelton Hooper-l'agree with the Hos. Registrar-General.

*

The Hon. Director of Public Works-A cemetery for Christian Chinese has been ar- ranged for.

APPLICATION FOR EXEMPTION.

An application for no exemption from the requirements of Section 175 of the Public Health and Buildings Ordinance rçog In yes. Pect of No. 9o Queen's Road West was laid on the table. It is appended:

171 January, 1968. _Sir,-Withreforçacate your notice of the 23rd ulto, calling upon the Tung Wah Hospital to open out on each storey one half of the entire space intervening between the principal room, and the main backwall, I have the honour to submit a tracing showing these premises, and beg to point out that the upper floors are pro vided with the required open space at the rear, nod as the ground floor is used as shop, I trust that exemption from opening up the kitchen may be granted in this case..

The Secretary,

\\,(d), E. M. HAZELAND. '

Sanitary Board.

The M.OH.visited the premises and minuted on the 23rd instant as follows:-The place in fairly well lit and there is a scavenging lang in the roar of the first floor. I recommend ex- emption on condition that no cooking is done on the ground floor (which is a basement) and that the drain inlet is removed from the base ment as its presence there is a menace to health and mercover contravenes No. 19 of the Drainage Bye-laws.

The Hon. Registrar-General-What is the objection to allowing cooking?

YARN TRADE IN JAPAN.

L

Atageneral meeting of the shareholdersofthe Kanegaluchi Cotton Spinning Company, bald the other week, the Chairman stated that the Japan Silk and Cotion Spinning Company hav ing been incorporated with the Kanegafychi as agreed on at the preceding general meeting, the capital had been increased by Y2,400,000 (of which Y600,000 was paid up), making a total of Y14,006,800, and that the incorporation had been duly registered. The meeting then adopted the accounts and report for the last half-year.

|

...

Mr. Pollock: He was appearing for the firm. This is an application to commit

individuals.

Dood.

SINGAPORE GOVERNOK'S

CLARKI,

EUROPEAN POLICEMAN SENT TO PRISON.

HE-CONSIDERATION——

The following is taken from the Singapore Free Press of and Jan.--European Police Constable No.37, H. F. Tuxworth, was charg- ed before Mr. Colman, thir, magistrate, yals. terday, with the theft of a bottle of claret valued at $t, the property of His Excellency the Go vernor at Johnston's Pier, and also with conduct to the prejudice of good order and discipline at the same time.

Captain Chancellor, Chief Police Officer, conducted the prosecution and Toxworth claimed to be tried. He was in plain clothes,

A Kling peon "employed; at Government House said that at about 1 p.m. on Sunday he lauded at Johnston's Pier with other' peans and the Government House luggage from the Sea Mew. The accused asked him what the boxes contained and he said the Governor's liquor. The constable ordered him to open a box, anying he wanted to examine it. He refused and the constable opened it him... salf. There were many bottles in the box. and the accused took one and put it in his trouter pocket. He abused and kicked wit ness when he asked for the bottle back. Wit pers and a wine "boy" complained to E.P.C. 39, and then made a report to the Chief Inspector.

jo

ta

a very abuuriozi set of the cuirent The officers' certificates are not dealt with. Given under our hands at Victoria in the Colony of Hongkong, this 29th day of January, 1908.

BABIL TAYLOR, Commander, R.N Stipendiary Magistrate and President of the Court."

M. H. PENFOLD, Commander, R.N HENRY PYRUS, Commander, R‚NR«'

Master, British ss. Empress of Japan. A. E. HODGINS,

Master, British sa. Nätching, F. JAMIESON,

Master, British ss. Singan.

DESPERATE GAMBLERS.

TRACIO END TO A GAMELING RAID,

ist inst.

metal delivery heads, and immediately six powerful streams were playing, covering a semi-circle with a radius of about 100 feet. All vo boant expressed themselves as thorough ly satisfied with the tests and the hose, was stream, where champagne and light refresh reeled up and the float taken out into mid-

eats were served.

-after-thi-fire-the-question-wan-ruised-ar-to- whether it was the duty of the Municipal float to attend fire outside Shanghai harbour, and it was the general opinion that she should not do 80. Mr. Hobron, Commissioner of Customs st Shanghai, thereupon made representations to Bir Robert Hart, Inspector-General, as to the de sirability of the Imperial Maritime Custome having a fire-float of its

to reader assistance to any vessel requiring it within the limits of the port. Sir Robert at once. approv ed of Mr. Hobson's suggestion, granting the necessary funds, and he /Capt," Carls (b) was instructed to arrange for and see that the Cur- toms was provided with a fire-float and salvage, boat up-to-date in all respects. The Huning was the outcome, and he would leave it to them to judge for themselves as to her capabilities. The machinery and fittings bad been supplied by Messrs. Merryweather and Soun, London, The ball was.constracted here by the New Buyer had supervised the work for the Cus Engineering and Shipbuilding Works, and Mr. toms. They would be able to enlighten the thesis as to the machinery and Glings of the

В

Wang Fui ir dead. Such was the vague information which reached us this morning." On making. the Decessary inquiries Hongkong Telegraph reporter learnt from police that Wang. Fui was a carpenter, about irty years of age, residing at West Point, and that he had died as the result of internal The wine bay gave corroborative evid-injuries received in attempting to evade arreat It appears that on Sunday morning last ence. E C. No. 39 said the previous wit information reached the police at No. 7 Police nesses had complained to him. Accused had Station that a gambling school was in full gone and he advised them to make a com-swing at 232, Des Voeux Road West, Getting plaint at the Central Police Station.

boat. In conclusion, he asked all to jold him

was beartily bonoured and the using then mat in wishing success to the lining. The toast out on the return, Journoy,, arriving at the pontoon off the Bund at 4.15 p.m. a

bull of the Huning was constructed at Shanghai by the New Engineering and Ship.

The building Works, Ld, and the machinery and fittings were obtained from Messss Merry Ingelber a poss of men, Sergeant Aria visit

weather and Sons, London, through their ed the premises. The tip was correct, thirty man, if not more so ne for through a crack in the partition about gents here, Messrs. Jardine, Matheson & Co. The foal's dimensions are: length ba seated,

tween perpendiculara, 55 ft. beam, 14 eibers standing-could be seen around

it, moulded depth, 6 ft. 6 in. 1. draught, table laying on their fancy. The house waN then charged. do the confusion that followed.; and her average speed" is from mins to len knots, The fire engine is of Merry- two men Wang Fui belug one of them-in weathers' double-cylinder "Nayade Greenwich", stemprice to drop of some thirty feet, Wang delivering 1,500 gallons of water per minute, to escape arreat, jumped over the pattern, of horizontal type, and is capable of ForBodah-a landed on his back on the street and was reor fifty per cent greater capacity: than the moved to the Government Civil Hospital Municipal float. The boiler in of Merryweather's where he died last night. The other man fell, on the hood of a ricksha belonging to the mana on lb. per square inch pressure within about multitubular type, capable of raising steam to ger of the Connaught Hotel, and was slightly-en minutes from the time the Area are lighted; bruised. He also was conveyed to hospital, her working pressure is 130 lb. per square but was discharged yesterday morning. In ch all the police captured about eighteen, all of whom were fined the following day at the Police Court,

Acting Inspector Mann of Police Babru stated that he received a telephone message from the Chief Inspector, and at 2.46 pm when accused returned to the quarters heathe asked him if there had been any trouble on the pier while he was on duty. The accused said everything was all right. Witness asked what he bad in his trouser pocket, and Tusworn replied Eau de Cologne which he had got from Mr. Williams of MacAlisters. Witness asked to see the bottle and the accused handed over a small bottle of claret. This witac'ss detained and gave to the Chief Police Officer on Monday, Captain Chancellor deposed that the bottle produced was the one he had received from Inspector Mana. He had kept it onder lock and brought it to Court himself.

And what a funny function a Singapore Company meeting is when one does happen to get a quorum. Says Mr. Chairman, I hope we shan't be long gentlemen," and is inter rupted by "beery-face" who, as he reaches across the table for a cigar, mutters under bin breath Hope we soon be sha'at." The titier having subsided, Mr. Chairman explains, "Notice your hands required time gentlemen proper taken as read, nobody objects, so it is taken as read, "Gentiemen," he proceeds, *minutes last meeting very lengthy better take at road. Do you agree gentlemen?" Nobody hears what he says all are discussing something cise, so ininutes are taken as read. "Repori and Accounts shareholders hands prescribed $299,457,070.00 || time no comment necessary me your permis- sion taken as read." Silent permission is .....$40,508,887.37 and the next exertion of the Chairman

Riven

The net profit of the company for the period In to invite any questions shareholders may with, to ask," which remark is productive of amounted to Y1,954,369 including $72,953 nothing more remarkable than a smile all brought over from last account, and 17,858, round and steps are then taken to re-elect being the surplus of the late Silk and Cotten directors, &c. One is really led to surmise Spinning Company. Of this sum, Y863,957 that it would be just as well to take the will be distributed as a dividend at the rate of meeting as hold" and not forsake the bar. 22 per cent. per annum, Y200,000, is placed

A Directors Meeting is frequently not s

10 the reserves, Y20,000 to the pension fund great deal more interesting and requires quite of operatives, Y30,000 to the relief fond, as great exertions to ensure a day and hour Ys0,000 is paid as a bonus to officials, and the on which the whole four or five will be able surplus of Y950,301 carried forward. An in- to meet Don has to go to a Legislative||teresting item is that Y40,000 has been put Council, another to a Municipal Council aside to defray the cost of a recreation ball whilst a third is already booked for "The which has been erected for the operativen, Ruddy Rubber Company and peradven: The meeting also approved a proposal to in- crosse the amount of remuneration to the eight ture a fourth is on the Jury and a fifth on

"bold" | directors and to five auditors from a total of the Jag, or irretrievably lost in the of the Club. Then when they do meet it's Y11,520 to Y16 240 (the amount payable to 279,904

"I hope we sha'at be kept more than quar. auditors is increased from V3,600 to $4,3%). ter of an hour eb?* Great is the sport to A director and an auditor having to be elected, £1,500,000 [@ x 2). 15,000,000.00 be picked up at the table after the meeting, Mr. Muto Sanji (lormerly

manager) general the Hon'ble M.............bas amused himself was chosen as managing director, and M. Bills discounted, loans and cre-

by making lightning sketches of the profile of Yasuda Zensaburo as auditor. "Mr. Aisbuki, dit

101,598,165.78

of the Mitai Company, was appointed adviser, plain "Mr.".......... whilst Mr........has drawn 118,008,643.45 wonderful designs of a pattern which never ap

Notwithstanding the depression in the yam 1,794,304-29 peared in either a geometry primer nor yet in a market during the last two months of 1907, the $299,457,070.93

wall paper designer's catalogue.. Cute and fall of that year amounted to canny Mr.........will have disclosed his latest half of last year amounted to 482,545 balei, purchase in Straits Traders by sams and cal- representing an increate of 13,367 Bales, of culations set out all over his agenda papar, and the figures for the corresponding period of the from orship said he, was obliged to and ac- left that port, there were no fewer than 973

previous year. Ch

· Viɛ :-

£1,708,000 % Consols

at 82............£999,500

(of which 450,00 lodged

: with the Bank of England

sa a Special Lqdan Re

serve)

£255,000-2 % National

war loan, at 90............. –229,500 £325,000 other sterling securities, written

Bills receivable

Bank premises

SE, GENERAL profit and LOSS ACCOUNT.

· Dr.

the bottom of the page will shew $3,956 in bold black pencil underlined about to times, which

Remuneration to directors ... 15,000.00 | can safely be assumed to represent his anticipat

o Amounts written off-

Dividend account.

ɗa per share on Bojooo

hare £160,000

Proportionate dividend,

\or ZL10); par- share,

"40,000 shares, DOW losure

£60,000

£220,pco

ed profit on the deal. Another will amuss him- self by scribbling all over from top to bottom of his paper "I am dear Sir Youm truly" then follows his signature in all its bold magni, ficence. Once upon a time one was even caught writing 'yours lovingly" on his paper, but that was years ago before somebody married him. Another favourite form of amuse- ment is to draw armies of marching soldiers, at 1/98 2,427,588.21 made by straight lines and deter's To Transfer to silver reserve fund 500,000 co

Another good game in Singapore secretariat *To Balance forward to next half-.../

circles is that of gatt

gatting cheques signed," it * 2,000,387.85 is played by the secretary and the tamby, the former swears, and curses at the latter and the $4,943,974,06 || latter trois round the Square trying to find some, director who is lo, who is, also not en- gaged, and further is in a good tempor. Strange to say the apathy to signing choques generally abated when they are in respect of directors fees or dividenda, and who in Singapore shall be so bold as to cavilʼat,this phenomenon -- Singapore Free Press.

#51,797,167,54

balance of un divided profits, goth®

amount of ¦ pet - girofital for the siz months funding)

|

ני..

TOWCHANGS IN CROCODILES

STOMACH.

•

While Mr. Henbrey, the Assistant: Conser valor of Forests, Matang, was examining the work done by firewood cutters on the man grova islands off. Port Weld, the other day, he came across a crocodile which be promptly shot. When messured, it was found to exceed fifteen feet, while in its stomach were found two towchangs and various other article including a

This crocodile, says the Perak Pioneer, had caused trouble for many months, till. firewood cutters, refused absolutely. to work in the locality. It had followed sampans and send hold of them on several occasions, and as recently as the 28th of last month, it tacka Chinaman by the thigh; breaking it in uplay ters... The man was not carried away, bis friends arriving, and, basting off the reptile, but he died within a few bones, i

|

This was the case for the prosecution, Tuxworth gave evidence on oath." He said he was on duty on Johnston's Pier on Sunday when the Governor's luggage was landed. The old builer gave him the bottle. He had no criminst intention; and if he had any he would have drunk the claret on the pier and 'Dot taken it to the Falice Bahru,

"SMALL-POX ON BOARD N.VÆ.

"NIKKO MARU..

The Manila Times of 27th ult.reports :-

vertical, single cylinder type and the fecil. The feed-pump is of the "Weir®.

heater is of Royle's design, with How's patent dented tubes for increasing efficiency, A. Merryweather's improved tubular heater constructed oo similar lines to the fra onging boiler, with copper pipes circus lating to the boiler, is arranged to bern kern KEDD, a and by this means the water in the boiler can be

When it was discovered yesterday afternoon, eppich Pt warm at all times. The propelling · Tuxworth said the boller could give things that the Nippon Yasen Kaisha steamer Nikko speed of from nipa to ten knots,

His Worship inquired if accused knew the butler had no authority to give anything away.. away if he liked..

ler's, but the Governor's?

*

Mr. Colman -You knew it was not the but,

Accused Yes.

Tuxworth added that before coming to the Stralis be was in the Metropolitan Police and had a good character.. Since he had been in Singapore he had never demanded anything

anybody, His

cused guilty.

wor Tuxwank asked to be dealt with leniently

Captain Chancellor said.a '60s would pot meet the offence. The accused's conduct was a blot on the force.

His Worship, said be know all the European officers of the force were very good men and one like the accused should not be associated with them. He had not only insulted, the name of the police but that of every Englishmen In Singapore.

..

arw from japan had three cases of small-pox on board she was at once ordered by the quarantine officer to Mariveles:

The three cases reported are said to be catire ly confined to members of the crow, no pas sengers in the fare of fonts class parastions tracted the malady. The greatest are being taken owing to the severity of the outbreak at Kobe. On the day the steamer

cales in the hospital and 255 deaths to that

date.

is of the double-cylinder compound-ver- I type, capable of propelling the float at a weather's new and improved gan-metal, swivelling monitor is fitted forward,: for: dis charging one large jet, and is worked by means. of band-wheels and worms and fitted with s cast-iron sluice valve on deck. The whole da

livery power of the float can be concentrated and discharged through this, monitor Thess are two gun-metal delivery beads, with fungus' to bolt on to the dock, and each is fitted with three gun-metal rack valvas, couplings for hose, thus enabling twelve 3). 10. lets to be thrown simultaneously. In addition, the uning i futed with very powerfal salvage pumps and powerful suction hose for salvage oak and stained, wala handsome cable with

walnut panels; and steal The upholstery is of green leather, and shere is seating accommodation for about ten people. In the construction of the float special atten tion has been given to secure thoroughly seaworthy, Graf, and, with the Bandhghly and draught the should be capable of attand log on, vessels at Wessung in almost any weather, that

The float will be manned by members of the who have Department in charge.

The Nikko Mars is at presents

present at Mariveles and is not expected to come up to the an chorage before to-morrow afternoon. She will videoves to bring up her passengers. Pro vided they have complied with the vaccination law, and they will be landed in due course,

The following Manila passengers are on board in the first cabin. Reverend Faustino Rodriguez, Reverend Jose Espina JH. Clark, Lieutenant Harold Johnson, and Carlos Young, the sisamer will not be unnecessarily de manager of Macondray and company, ale na layed at this port. She will probably be ready early on Wednesday morning. to resume her voyage by to-morrow evening or

-1

Accused again asked to be great it was his given the apilon first offence, Imprisonment would ruin his futurevised the accused to leave

Mr. Colman Singapore as soon as he came out of jail and start a new lila somewhere else. He was sen- friends on the Pacific Mail steamer China Cas tenced to alk weeks! rigorous Imprisonment, this afternoon from Japanese poris, that cho. Tue Chinese Enginearing and Mining Co, La

loo, may have the scourge on board and she | anoounces that the output of the Companti will necessarily have to undergo a complete | ihres mines for the week ending January 18th examination, including the passengers, and spo8, amounted to 21,339.93 tonn mun hafa crow, before she will be granted pratique./ during the same period to sõjazz tous":

"Some unaasiness is folt bez River Police with an officer from the Harbour.

HE. the Governor comminted the sentence, on being acquainted with the result of the case, and, the accused will leave the Colony by the