October 22, 1896.
are at date
86 members and 22 asso- ciates on he books of this Branch.
The ac onnter have been kindly audited by Mr. L. Kennard Davis,
Now absent from the colony.
ATWELL COXON,”
Président.
Hongkong, 30th September, 1896.
HONGKONG JOOKLY CLUB.
An extraordinary general meeting of the members of the Hongkong Jockey Club was held in the City Hall on Saturday afternoon to confirm the resolution passed at the extra dinary general meeting on the 2nd October. Hom CP Chater presided and there were also
sent Messrs. A Coxon, T. Jackson,, D.. illies, F. Harton, (Stewards), V. A. C. Haw
H. N. Mody, R. B. Joyce, and L. Suidfer. 18 CHAIRMAN, after reading the notice calling the meeting, said-The object of this meeting is to confirm the resolution passed at the extraordinary general meeting on the 2nd October, on which occasion the subject was so thoroughly discussed that I do not think there is any necessity for detaining you now. I may; however, mention the resolution must be passed by a two-thirds majority. I have no doubt that it will be as unanimous as on the last occasion. I have much pleasure in proposing that the re- solution passed on the 2nd October be confirmed.
CHINA OVERLAND TRADE REPORT. CANTON INSURANCE OFFICE,
LIMITED.
The fifteenth ordinary general meeting of shareholders in the Canton Insurance Office was held on the 19th October, at the office of the Gen- eral Agents, Mosers. Jardine, Matheson & Co. Hon. J. J. Bell-Irving presided and there were also present-Hon. C. P. Chater, Messrs. H. L. Dalrymple, DR. Sassoon, F. Maitland (Con- N. J. Ede, V. A. Caesar Hawkins, A. G. sulting Committee), G. T. Veitch (Secretary); Morris, K. R. Kinnear, R. C. Wilcox, K. MoK, Ross, Ho Tung, Ho Fat, Ho U Shang, Chan Sam S M. Carvalho, J. Y. V. Vernon, and R. M. Mehta.
to connect it with the 220 feet allow us to work the ore chi level. The stopes over the diate drive still continue to look ver lode being from 1ft. to 4ft, wide. In the level the formation has pinched to do not expect to get any gold in we cut the main ore chute. This drive in 285 ft. from the crossent.
'';
311
the
Bukit Koman. In this section prospe this mine is opened up, the better the opinion I continue to look very well - in fact, have of its future value. No. 1 Level. In the face going north the lode is 8 ft. wide, and shows nice gold occasionally in breaking the ore. The ground is good for driving, and fair progress is being made.
The New Find-In my last two weekly letters I have referred to the new lode found
of this level. It was first met with 35ft. in
The SECRETARY read the notice calling the meeting.
The CHAIRMAN-Gentlemen, I presume you in the crosscut going west from near the faces and taking the report and accounts as read. will be agreeable to my following the usual course The outturn of the 1895 account, although not so good as that of the previous year, has, I trust, given satisfaction. We are enabled to pay the same dividend to shareholders and bonus to con- tributors as last year, to strengthen our reserve by the addition of $100,000, bringing that fund up to $1,300,000, besides carrying forward $45,015,58 to 1896. The distribution will, I hope, meet with the approval of shareholders. As regards the current year's working, you have doubtless noticed a falling off in the premia for the nine months ending the 30th alt., compared
Mr. JACKSON Beconded. Carried CHAIRMAN―That is all the business, gentle- for this; reductions in rates in many directions,
men..
¿
A EUROPEAN CHARGED WITH ARSON AT SHANGHAI,
[SPECIAL TELEGRAM TO THE “DAILY PRESS."]
SHANGHAI, 13th October. Stephen Hart has been committed for trial
on a charge of argon.
with 1895 to same date. There are various reasons
from the main drive, and the hanging wall met with at 46ft. It is a series of quartz leaders, with layers of slate between, and carries fair gold all through. The formation is irregular, but, as far as it has been opened, will average about 10ft., the whole of which is good milling ore. There has not yet been sufficient work done to say what it is likely to be; but, from pre- sent appearances, I should say it is a parallel lode. Should this prove to be so, it means- that the ore reserves of this section are duplicated. The air is very bad in these work- ings, and even with the aid of a fan work has often to be suspended, as the lights cannot be got to burn.
South Level.-In the face of this level the lode is 12 feet wide, and carries fair gold all through. Good progress is being made✨ in This level is now nearly 900 feet from face to driving this level, as the ground is favourable. face, with every prospect of being carried to s there is no change, as very little work is being practically unlimited extent. In the stopes done there.
No. 2 Level:-In this level the work
of
extending the two faces is being steadily carried on, and better progress is being made, as the ground is more favourable. In the face going north the lode has opened out again, and is now fully 10ft. wide with every appear. through, the whole of which is being sent to ance of widening. The lode carries fair gold all There were no questions and the CHAIRMAN the mill for crushing.. In the south. face-we proposed the adoption of the report and accounts.
are driving on the foot-wall side of the lode in Mr. MORRIS-I have much pleasure is second-diorite, slate, and quartz, which are being sent ing the adoption of the report and accounts as
to the mullock tip. The rest of the lodě, 7ft. presented to us. I can only say that if the to 8ft., has not yet been taken down. The total shareholders feel as I do with respect to the length of this level is now close on 80 feet. working of this Company they must be more
Taking this section all round, it never looked than satisfied. I have not been able to go into
better. the figures minutely, but your explanation of ate working in 1896 will no doubt prove satis- faktory to shareholders, all of whom will feel that a great deal of credit is due to the Managers and also to their staff. (Applause.)
Carried.
the more depressed state of trade, and also in the restrictions we have found it prudent to place upon business which experience had shown to be unremunerative. The known losses to date losses have been fewer, but serious casualties compare favourably with last year's. Total (quite a number arising from fires) have been will be heavier than usual; still I am hopeful numerous and payments on account of averages
[Shanghai papers received yesterday contain of an average one.
that the 1896 account may turn out not short The various properties the report of the first day's proceedings in the mortgaged to the Office here and in Shanghai trial of Hart in H.B.M.'s Police Court. The have been valued by our surveyors, and in charge was that the accused feloniously and every instance there is ample margin on the maliciously set fire to the premises, No. 3, Foo-advances made. Before moving the adoption chow Road, occupied by him, with intent to of the report and accounts, I shall be pleased defrand the Meiji Fire Insurance Co., with to answer any questions which shareholders whom he had insured the contents of the pre- may desire to ask. mises for the sum of Tls. 2,000. From the evidence as reported in the N. C. Daily News it appears that the accused was a commission agent and occupied an office and private rooms on the second storey of No. 3, Foochow Road. Mr. W. Bullard, of the Eastern Extension Telegraph Co., occupies rooms on the same door. On the evening of Sunday, 4th Octo- ter, Mr. Bullard returned home about 10.45 about ten minutes later the house coolie rushed in and said there was a fire in the house. The alarm was given and the Fire Brigade attended. The fire was speedily subdued and on examination by the police it WEB found that the room appeared to have been set on fire in four or five different places the furniture was more or less damaged by fire but neither floor nor walls, except in the vicinity of the desk, were much damaged. The accused had taken out a fire insurance policy with the Meiji Fire Insurance Co. int August last for $2,000 for six months. Caplan-M
-Mackenzie said he did not propose to more evidence at present than would ustify a remand, and asked that prisoner might be remanded for a week to enable the police to tain further evidence. Prisoner asked to be allowed to make a statement, and after he had1
en cautioned by the Magistrate he said he d not die on the premises, and the fire was - great a surprise to him as it was to other people: - On Sunday evening from 9.15 to 11.15 ves in quite a different part of the Settle-
WE
よ
d could bring evidence to prove it. he returned on the night in question the fire was out, and the desk containing all his books and samples was completely destroyed: The reason for his taking out the six months t his lease expired in March next; agent of the Meiji Co declined to carry to other premises, saying they as good a risk Prisoner was re- week, pending the production of
further bvidence.)
Mr. HAWKINS proposed the confirmation of the appointment of Mr. F. Maitland as a mem- ber of the Consulting Committee and the re- election of the retiring_members-Hon. C. P. Chater, Messrs D. R. Sassoon, D. Gillies, and H. L. Dalrymple.
Mr. VERNON seconded. Carried.
auditors of Messrs. Fullarton Henderson and Mr. KINNEAR proposed the re-election as A. Còron.
Mr. Ho Tung seconded. Carried
The CHAIEMAN-That is all the business, gentlemen. I have to thank you for your attendance. Dividend warrants will be issued to-morrow,
RAUB.
The mining manager's report for the four weeks ending 30th September, 1896, runs as follows:-
still'
Raub Hole.-No. 2 Shaft South. This section continnes to look very well. In the inter- iate drive, going south, we have passed through the main ore chute, and have driven about 20 feet in the formation. As I did not think it advisable to go further with this drive, I have stopped it, and started to sink a winze
Bukit Malacca. Steady progress is being made with the sinking of this shaft, notwith standing the heavy flow of water we have to contend with. The shaft is now sunk to a tota depth of 140 feet, and preparations are being: made for putting in the opening timbers. Asu soon as these are in position the sinking of another ten feet for a well-hole will be con- tinued; after that is completed we shall com. mence driving for the lode.
4.1
Western Lode. Stoping is going on as usual with one shift, and the usual quantity of ore is being sent to the mill. There is still a large. quantity of ground to work in these stopes; how much it is difficult to say, as we continue to discover fresh bodies of ore.
Battery. This has been kept going full time,” on the 28th instant a rough clean-up took place. 1,400 tons of ore yielding 2,072 ozs. of amalgam. The mill did not resume crushing until 9 p.m. on Tuesday, owing to the boxes of Nos. 1 and 2. batteries having to be taken out to effect somer repairs. I am pleased to say that all fear of having to stop orushing for want of water is now at an end, as there is a fair supply in dam.
WM BIBBY.
こ
the
The Glen liner Glenfalloch, which at Singapore from Kuchintotzu on September with a cargo of coal, ha owners, having been sold to Messrs. W and Co. for £6,500. She is now at N bour undergoing repairs and alterations adapt her to the requirements of the lo It is understood to be uncert Fas yet where she will be run to Free Press,
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