Page
Dotober 16, 1895.1
The cricket does not call for any detailed reference, Campbell and Anton being the only batsmen on the side of the XI. who played in any form, ith 37 and 20 respectively, but even they were under serious obligations to the opposing side. th and Maitland bowled very successfully for the XI, and succeeded in capturing their last ten wickets for 10 runs, Colonel Barrow and the officers of the Hongkong Regiment kindly allowed their band to play during the afternoon, to the great enjoyment of a considerable num- bar of spectators, including a fair (in every sense of the word) sprinkling of ladies.
SCORE AND ANALYSIS. XXII.
PG. Davis, □ E. W, Maitland, b 0. M. Firth
Capt. A. G. Ferguson, R.B., c Mast, b B. W. Maitland.. Capt. Carter, a and b 0. M. Firth...
A. Anderson, o Campbell, b E. W. Maitland
G. Grimble, e Morcam, b Mast
Gillingham b Mast....
C. C.-Platt, b Firth
W. M Thompson, R.E., c-Firth, 6 E. W. Maitland
A. G. Stokes, run out
G. A. Woodcock, ran out.
W. Machell, run out
Dr. Atkinson, e Morcam, b Firth
G
8. Powell, e faunderson, b E. W. Maitland
J. 8. Ezekiel, run out ....
D. E. Brown, b Firth
J. M. 8. Machado, b Firth
H. Grant Smith, c Mast, b E. W. Maitland
H. Arthur, e Morcam, b E. W.
B. Deacon, b E. W. Maitland
Chantrey Inchb~ld, not out
Maitland
I. Grant Smith, b É. W. Maitland
15
25
:8
27
13 2
CHINA OVERLAND TRADE REPORT
With reference to the division of profits the new articles of association apply only from the 1st January 1895, and although the old articles were cancelled by special resolution on the 16th May, 1894, the directors have thought it right to follow the provisions of the old articles and to allot the usual two-thirds of the total profits as bonus to contributing share. holders.
1895-The position of the Society for the present year, as far as it can be ascertained, is
as follows:-
Balance of working account to
the 30th June, as per annexed statement
Add estimate of premium to 30th
September
5 Estimate of losses to pay......
0
2
$ 683,236.15
410,000.00
$1,093,236.15 336,000.00
$ 757,236.15 The remuneration to directors remains as 10originally fixed in the articles of Association, namely, $7.000 per annum, and while not wish- ing to bring forward any motion on this subject, the Board feels that the figure is more suited
.0
0
0
0
0
0
0 to the rates of oxchange and the Society's busi. ness of twenty years ago than to those of the present time, and has therefore shown the item 20 separately in the accounts for the consideration
of the shareholders.
7
T. Bercombe Smith, b C. M. Firth
Bitras
Total
144
Overs. Maid. Runs, Widea. N.B. Wickets.
7 2 22 0
0
C. M. Firth'.
24.2 11 41
0
6
2 44
-
G. Lysley
E.W.Maitland 17
E.
0 17 ΧΙ.
O. M. Firth, Gillingham, b Anderson
G. D. Campbell, H.K.R., c T. 8. Smith, & Grimble 37
Mast..
13
0
E. W. Maitland, o Davis, b Gillingham
3.
A. 8. Anton, o Gillingham, b Davis
20
W. L. Reade, A.M.B., retired hurt
8
-L. Saunderson, B.B., run out.
2
Capt. Eccles, R.B., & Smith
15
E. Mast, ↳ Grimble..
1
G. Lysley, RB., & Arthur, b Grimble
0
E. Ezekiel, o Powell, b Smith
11
W. C. Marcom, R.N., not nut
2
Extraó.....
18
Total
.115
i
Overs. Maid. Rans. Wides, N. B. Wicket.
12 4 20 0
Gillingham
0
A. Anderson... 8
5
9
0
P. G. Davis
8
2 17 0
T
8. Powell
14
0
Machado
1. 17
0
Smith
2 13
2 13
2
8. Smith
HONGKONG GOLF CLUB.
The tie for the MacEwen Cup was played off yesterday and resulted in a win for Mr. V. A. Caesar Hawkins. His card showed steady play. throughout, and if he progresses as well as at present he will soon join the ranks of the single figured handicaps.
Mr. V. A. Cæsar: Hawkins...97 13-84 Captain W. V. Ecoles... .92 3-89
UNION INSURANCE SOCIETY OF CANTON, LIMITED.
to
The following is the report for presentation the shareholders at the twenty-second ordinary meeting to be held at the Society's offices on Wednesday, 30th and footh
The directors hayow to submit to the shareholders a report the business of the Society for the year 1894, and for the six months ending the 30th June, 1895.
1894. The net premium collected for the year, after deducting returns and reinsurances, amounts to $1,585,288.06. After providing for a bonus of 25 per cent. on contributions paid in April last, there remains at credit of work. ing account a balance of $439,177.18, as per annexed statement.
Of
From this sum the directors recommend the payment of a second bonus of 6 per cent. on contributions, a dividend of $12 per share, equivalent to 48 per cent. on the paid-up capital $25 per share, and an addition to the re- merve fund of $80,000, raising the reserve to $1,050,000. The balance remaining of $161,025.43 they propose to carry forward to meet liabilities and claims still outstanding, and thus close the account for the year 1894.
DIRECTORS.
Since the last general meeting the directors have had to deplore the death on the 12th of December last of-Mr. H. Hoppins, who had for many years served on the Board. The Hon. J. J. Keswick and Mr. C. J. Holliday resigned. their seats on their departure from the colony.
Mr. R. L. Richardson, of the firm of Messrs. Bradley & Co., was invited to join the Board.
In accordance with clause 86 of the articles of association, Messrs. D. R. Sassoon and G. B. Dodwell retire, but offer themselves. for re- election.
AUDITORS.
The Board regrets to have to record the death of Mr. Bobert Lyall, who for over nine years was one of the Company's auditors. Mr. W. Hutton Potts was nominated to succeed him.
Messrs. J. H. Cox and. W. Hutton Potts retire, but offer themselves for re-election.
GEORGE B. DODWELL, Chairman. Hongkong, 10th October, 1895.
WORKING ACCOUNT, 1894. Dr. 30th June, 1895. To working account, balance on 30thí
June, 1894 To net premium from 1st July to 31st
December, 1894 To interest
To profit on investments re-
alized Less loss on deposits with reconstructed Banks in Melbourne.
30th June, 1894. By agency commissions By head office charges.. By agency oharges By Shanghai charges By London charges By Yokohama charges By Melbourne charges...
cr
30th June, 1895. By agency commissions By agency charges By head office charges... By Shanghai charges By London charges. By Yokohama charges By Melbourne charges...
By remuneration for half-year ending
30th June, 1895, to directors.......
To committees and auditors
By losses and claims paid By exchange... By balance...
$13,578.33 9,263.47 28,212.90
12,924.62
664.85 12.356.89
18,500.00
5,987,68
109,736.19
588.72
683,236.15
$926,789.64-
BALANCE SHEET, ON 30TH JUNE, 1895
Dr.
To capital 10,000 shares of $250 each. -$2,500,000, upon which $25 per share called and paid up... To reserve fund
To unclaimed bonus and dividend To investment fluctuation account, be- To exchange fluctuation account
ing the increase in market value of securities
To working account 1894, balance... To working account 1895, balance To sundry creditors...
By cash on current account with the Hongkong and Shanghai Banking Corporation
To cash on deposit, `viz.:— Hongkong and Shanghai
250,000.00
970,000.00
23,132.38
724,366.65
167,813.00
439,177.18
683,236.15
426,217.09
$3,683,942.45
81,510.09
C.
Banking Corporation. 418,205.00 Chartered Bank of India,
Australia, and China. 199,100.00 Mercantile Bank of India,
Limited
50,000.00
By cash on mortgage, viz.:- $ C.
In Hongkong In Shanghai
210,000,00 255,172.41
By cash invested in debentures, viz.:—
Hongkong and Kowloon Wharf and Godown Co., Limited
Shanghai Waterworks
Company, Limited Shanghai and Hongkew
C.
50,000.00
6,620.69
Wharf Co., Limited... 206,896.55 Shanghai Municipal loan 41,379.31
By amount at debit of branches and
agencies
Including £128,303.3.3 invested in London in Consols, East India Government guaranteed railways, and other securities, £37,000 on deposit with Banks in London, £4,200.12.6 invested in Treasury bonds in Melbourne, £15,300 on de- posit with Banks in Melbourne, and deducting £22,000 account bills on London not matured. By bills receivable
667,305.00
465,172.41
304,896.55
1,932,007.13
623,901.24
735,706.77 99,153:87
C.
.22,793.04
3,009.88
19,783.16
$1,478,545.04
16,616.82
By bills remitted to London agency,
30th June account...
50-18-25
By sundry debtors
160,056.20
Cr.
$ C.
24,737.46
14,682.31
$3,683,942.45
31,235.26
13,068.19
52,296.38
6,184.56
By remuneration for half-year ending 31st December, 1894, to directors ...
To committees and auditors By losses and claims paid By exchange
By bonus on contributions account 1894 (declared 19th April, 1895), 25 per oent. By balance
L
443.40
325,632.28 439,177.18
The Lyceum Theatre at Shanghai is about to 10,180.21 pass under new management, in reference to which the N. C. Daily News says:The Lyceum, 3,500.00 as a fabric, has hardly been kept up as it should 6,545.66 of late, and its arrangements Have become a 550,862.15 little antiquated. . It has now come into more active hands, those who have taken B lease of it having undertaken to pay the Trustees as a minimum the average annnal rent that it has earned in the last five years and to spend on the theatre any surplus that a more active management will secure. $1,478,545.04 | Great improvements are contemplated in the interior as well as the exterior of the building, and meanwhile there is, as will be seen, to be a $
performance under the auspices of the two 888,547.34 amateur clubs, French and English, to inaugu- / 36,076.94
rate the new tenancy. We wish it every 2,165.36 success, for, after all, of our numerous winter amusements, the amenities which mitigate our $926,789.64 | exile, "the Play's the thing !".
WORKING ACCOUNT, 1895. 30th June, 1895. Dr. To net premium from 1st January to
30th June, 1895 ... To interest
To profit on investments realized
***
C.
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