COMPANY REPORT.
·China Fire Insurance Co., Ltd.,
The following in the Report for prosentation to the shareholders at the forty-third ordinary meet- ing to be held at the Company's Offices on Thursday, March 7, 1912, at 12 o'clock noon -
The Director havo now the
o to submit their Annual |
and Statement of the Company's Accounts made up to December, 31 last. 1910-The Belinco at Credit of Work. ing Account 1s por Inst. Report was $405,144.45 Add. Promia since received 76,191,80
Deduct Claims puid in 1911... ***** $143,918.54 Rotura Premia, &c., &c............. .50,705 87
$541,336.34
$194,684.41
Balance of Profit..... $316,651.93
It is proposed to apportion this
sum as follows :--
Dividend of $7 and
Bonus of $2 por share ou 20,000 shires...
+
To add to extra 18- serve fund, which will tlion stand af $717,248.46
To add to invost- ment fluctuation Account
To provide for the
inauguration of a .zoiusurance fund.
of.
$180,000,00
THE HONGKONG TELEGRAPH
Balance Shoot, December
31, 1011.
Liabilities. Capital Account:-- 20,000 Shares of
$100 onch $20
per Share paid...$400,000.00 Reserve Fund...... 1,000,000,00 Extra Rosorve
Fund...... Investmont Fuc-
Vi
tuation Account. Reinsuranco Fund,
Accounts Payable:- Dividend
for 1910 $180,000.00- Logsey
Out-
the Securities for Investment, the cash at Bapkere and on Mortgage to the amounts specified. Wo have obtained all the information: and explanations wo have requir- ed, and in our opinion the above Balance Sheet, which includes the allocation of the 1010; Working Account balanco as shown by the Directors, roport of dato attached, is properly drawn 4,047.75 ap 80 as to oxh bit a true and 100,000.00 correct view of the state of the Company's affairs according to the best of our information and the explanatics given to us, and as shorn by the books of the Company.
717,248.46
standing
and
Sundries 111,081.7
291,081,79
Working Account, 1911-- Balance at Credit.. 501,061.28,
Assels.
$3,014,339.28
Caslı at Bankers......$ 51,169.27 Fixed Deposits at Banks:- 'kong & Shai Bankg.. Corpn. $197,862.74 Chartered
Bank of I.
A. & C.... 30,000.00 Mercantile
·Bank of
Indin, l. 80,000,00 International
Banking
Netherlands
Trading
Deutsch-Asia-
W. Hntion Putto, A. R. Lowo, 0.8,
Auditors.
Hongkong, Fobruiry 21, 1012.
SALE OF PONIES.
Spirited Bidding and High Prices.
.
| . Mr. F. C. Hurley of Messrs. Hughes and Hough, sold by auc- tion the following ponies poster- day. The names of the purchas ors are also given:~~
Real Rose, Mr Schuman, ... $ 45 Beans, Mr Sun Iling
Toddlos, Sz Li Woo,
20
10
Cavite, Mr Schuman
Reformer, withdrawn,
Limo Tres, Mr Kennedy,...
70
Tralos, Mr Rocha, .....
35
Corpn.... 70,000.00
Mellow Heart, Mr Kennedy...
90
Sumpitan, withdrawn
Urgent, Po Hing Cheong...
55.
51,324.30
Society...
25,000.00
Doorfoot .............
150
Cress............
65
tiache
White Violet, Mr. Kennedy, 35
10,000.00
Bo'
*...... 50,000,00
Whito Lily, Mr. Konnedy... 140
452,862.74
Inverorts:
Chinesć Im..
-100,000.00
Gork E
White Heather, withdrawn... Bantam
50
Buds...... 39,465.04
Cadzow's Loon, Mr. Whiter-
Tientsin-Pu
$340,051.93
Bouns to ollice stuff 5,327.54
kow ly Sterling
Bonds...... 55,327,73
1911.--The balanco nerolit Imp. Chinese of working necount at the closely. S'hai
of this your was $501,061.28.
Nanking
Bonds......5,470.50
China fa
Direitors.—Mr. G. Bulloch re Sterling signed his seat on leaving the Colony Mr. W. L. Patterion was appointed to lift the vacancy. On the return of Mr. E. Shollim, Mr. W. Logan rosigned and the former gentleman, was invited to rejoin the board. Thoso appointments require tho confirmation of shareholders.
Mr. H. A. Siebs and Mr.T Lieb rotire by rotation, and, being eligible, offer themselves for re-election.
Auditors-Mosare. W. Hutton Polts and 4) it. Lowe have audited the "annexed 'accounts and offer thomsolvos for re- -election.
H..A. Siobs,
Chairman,
Working Account, January 1, to-December 31, 1911
· Dr.
To Charges Account ;~,
1 gn #,
Sala- ries, Le gal &
Survey-
OTR
Гоек,
Taxes,
Stamps,
Station-
ery, &c. $56,513,22
7,400.00
.Directors'
and Au-
ditors' Foes...
-$63,043,22 To Commission Account :-
Agents Commis-
BION........... 123,921.00 To Losses Account 1911; -
Claims after dedue-
tion of Re-itisur- .ancos
147,088.64
To Amount Written off :-
Furniture Account 110.00 To Exelonge Account - Difforones in Ex.
chango
To Bilanco
OF.
5,129,81 501,061,28
$841,254.01
By Premium Account- Promium aftor de- duction of Ro-in- surances........... $002,620.30 By Interest Account- Amount at Oredit, including Interest duson Depositsand
Investments, &o... 178,501 31 By Transfer Fee Account :--- Amunt at Crodit....
kuang 10y.Joan Sterling Bonds... 27,025.21 Hongkong Club Do- bentures 17,600,00 Hongkong lotel Co Limited,
Dobon- tures ...
S'hai Land
Invost- ment Co.,
La
De
Shangbai -
works
50,000.00
boniares 47,224.01 -
Witor.
Co., LL. 'Debon-
tures.....
8,020.75
Shanghai Club Do- bonturns 6,421.40 Shares in
Public
Compa-
nies... 461,519.78
-$709,080.51
Loan on Mortgage
Ou Proportios in
Hongkong........
$1,202,300,00 On Properties in Shamoon, Can- ton 150,000.00 On Properties in Shanghai....... ..... 140,468.22
HURSDAY FEBRUARY 29 19:2
STATE EXPRESS
Pertin of 50
$1 10
"DE LUXE
THE FINEST VIRGINIAN CIGARETTE
IN THE MARKET
OBTAINABLE FROM
KRUSE & CO.
ASAHI BEER SAPPORO
BEER
10 DE OBTAINED
ROM ALL WINE DEALERS
Note dar Price $12.00 per oase con- Lalaing 4 dozun quarts er 6 dosan piota.
.[70
GREEN ISLAND CEMENT COMPANY, LIMITED.· ́
PORTLAND CEMENT.
In Casks of 375 lbe.'ncti
In Bage of 250 lbs. not. SHEWAN, TOMER & CO.,
Goal Mangas. Hongkong. 16th. Ang.. 1919.
GARNER QUELCH & CO. YOU NEED NOT BUY.
WINE MERCHANTS.
DES VŒUX ROAD, TELEPHONË 636. ·
Supply the highest quality Wines, Spirits, Cigars
White Line, Mr. Brutton.... 215 and Cigarettes obtainavle, consistent with price. All
Whito Daisy, withdrawn .........
more.....
150 Madrigal, Mr. Hough ................. 300 Fanling, Condr. Lambe...... 75
| Odcomba, Mr. Roža (Canton) – 40 Lymington, Me: Winter' .35
Oil King, withdrawn of................ 95 Ancheadoon, Mr. Patterson,, 80 Birlingham, Me, Hickman... 60 Brodon Hill, Mr. Stewart..... 105 Defford, Mr. H. P. White 215 Ben Nevis, Capt. Hughos Sylvia, polo pony)......................... Capt Hughes,
Be-Lomond, Mr. Winter Bon. Lui, Kwong Hing
Cheung
James, Kwong Uling Cheung Blue Bird Kwong ling
Cheung
Snowstorm, Kwong Hing
Cheang....
310
80
Call in and inspect our
BUTCHERY DEPARTMENT
Wines and Spirits bottled in Europe by Shippers of and the various specialities we have
world wide reputation.
Hongkong, 15th January, 1912.
ANGLO-JAPANESE
ALLIANCE.
Sentiment Cooling in Japan.
an
[21
concluded agreement of gonoral arbitration with any other Power, Consequently, the revised tronty is of the same scope and binding forco as the provious ones. In any case, in the minds of those who take their country to heart, both in Great Britain
The Tokyo correspondent of 100 tho" N. C.. Daily News" wrote 05 on Feb. 14:The "Japan Al- 70fvertiser' says that when two nowspapers of the undoubted prominence and influence of tho Osaka"
and the Mainichi’ "Kokumin" bogin to write ques tioning the efficiency of the 701 Anglo-Japanese alliance, it is 65 difficult to resist the conclusion
85
on sale.
You will be surprised and pleased.
THE DAIRY FARM CO., LD.
Wyndham Street.
rio
and Japan, the allianco is as vital G. FALCONER @ Co., Ltd.,
as it has boon. Not only that, but they seo its over grow- ing importance and indispon. Bubility. To-day there existe a porfect understanding between Great Britain, Japan and Russia, and together they form a great bulwark of peace. Take away the allianco, the Auglo-Russion and Russo-Japanese ententes will loso more than half their reliability.
The "Jupun Ohroniclo" states that it is evidence of the very
Inca, Kwong Hing Chenug. Floreal, Mr. Doelling.......... 160 Kiangwan, Mr. Shuter..... 95 that it no longer enjoys the Dun pony, K, lee Cheung... 75 widesprend popularity of its Speranza, Mr. Blasan......... 115 early yours. But the compartive Caprico, K. Heo Cheung..... 100
reitundaney of the alliance at Esperando, Mr. Mastur ........... 195 Alacrity, Mr. Tauring............ 125 this date is really high fatter Rajected, K. Hoe Cheung.. 65 ing testimony to its record of inadequate knowlodgo of Ja- Gordon, K. Heo Cheung ... 95 achievement in the diplomatic panese opinion by the English sphero, for without the alliance Press, that it should rogard a Jupar could hardly have attained remark made by the "Maintohi" 65 a position so strong as to ouable to the effect that the alliance had 300 or to contemplato, almost with no longer any virility, as showing A change of sentiment in Japan. 05oquanimity, the prospect of its
00
Tiefland, Mr. Konnedy......... 125 The Straggler, K. Boo
Cheung........ Greylek, Mr. Rocha........ Elburg, Mr L. A. Marchnut Chibby, Mr Kennedy Furnel lato. Dasol) Mr.
Clives
Chostunt pony, Sun Hing
Grey pony, Tala wah
(Child's small pony, K, Hoo
Choong ..
Brown pony, Sun Hing
denunciation hereafter. The sonti-
40
When the news of the amendment
WATCHMAKERS & JEWELLERS.
LARGE SELECTION OF HALL MARKED
- ENGLISH SILVERWARE,
TEA SET'S, SALVERS, ROSE
BOWLS, FISH & DESSERT KNIVES & FORKS:
Diss Bros
TAILORS
60 mont that impolled Japan to enter was received in Japan the general! WYNDHAM STREET (Flower St.) ESTABLISHED 1903-
fooling was that the alliance was, 35 into this arrangement was un-
.40
doubtedly fear of Russia. In the practically at an end, and this
absence of the guarantee provided feeling obtained wide utterance 35 by the alliance that no third party both in the Press and by public
45
Lady's Hack, Tow Fook ... 150 could presume to interfere without mon.
The orack racing ponios were reckoning with Great Britain, Ja- disposed of privately previous to pan would never have ventured the shlo, and the taking of this to challengo Russia. Now that, course was regretted by many owners when they realised the thanks to this war, Japan has 1,582,768.22 spirited bidding and high prices succeeded in eliminating the Mus-
provuiling at the auction.
Furniture Account :--- Office Furnituro, &C.............. Accounts Receivable:-
Premis due from Agencies, In- torest duo on Deposits and Investments, &............IT
II A Siebs, F. Shel im,
Direc'ors
T
Quile a number of backs and 000.00 polo-ponics as well as racers came
under the hammer.
To-day's
· Advertisement
covite menace for some time to FOR SINGAPORE, PENANG come, it is foolish to rail, at either AND CALOUTTA. Japan or Great Britain for their clear-sighted recognition of the changed situation which has justi- fiel some modification of the torms of the original agreement. 157,558.54 Annual General Meeting Hong-Finally, whatever the short-
DON'T FORGET,
Thursday, Feb. 29.,
kong Chamber of Commerce, City $3,014,330.28| Hall, 4 p. m. Flickman,
Acting Secretar y
Friday, March 1. Horticultural Society Show. 8. M. S. Scharnhorst; Concert, Theatre Royal, 9, p. m.
Saturday, March 2. Half-yearly meeting Hongkong Hotel Co., Ltd., 12.30 p.m.
Thursday, March 7. Chinu Fire Insurance Co., Ltd., meeting, noon.
Saturday, Meroh V.
Aud tors' Report:-We report that wo have examined the Accounts of the Company with the boo'a and vouchers in Bong- kong and Ho'urna received from tho Various Agoncies for the your 127.00 ending. Docomber 31, 1911. Annual meeting, Hengkong We have al o satisfied ourselves and Kowloon Wharf and Godown $841,254.01) as to the existence and value of Co., 12.30 p. mi
(Taking cargo on Through Dilla of Lading to Rangoon, Madras, and Mauritius.)
THE Steinship
"OATHERINE APQAR," comings of the Anglo-Japanese Captain L. C. Townsend, will be des. alliance, it is clearly unreasonable patched for the above posts on TUES- to bring forward against one of DAY, the bil Murah, at 1 v.m. the parties thereto totally unsup- ported charges of bad faith in
For Freight or Pasaige, apply to DAVID BASSOON & CO., LTD.
Agenta,}
E-C- Wilke, M I'Mech.,L‚‚M.N.A.
the observance of its obligations. Hongkong, 29th Feb., 1912. '200
The "Japan Times" empha- Bizes that, the new clause in the treaty of alliance as to the pro- posed Anglo-American General Arbitration Treaty, is as good as Launches, a non-existent, for noither of the
· Arexandra Buszviton, ŽED FLOOM, contracting parties has as yet ramon 3, 15% Mag. 39242 /\/\
(201
Consulting Engineer and Burveyor for construction, Valuer and Assessor far the purobase, or sa's, of Steamships or
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(15
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