The-Hong-Kong-Weekly-Press-1897-12-02 — Page 14

Hongkong Weekly Press AND China Overland Trade Report All

426

It was a reach to Dock Point and a run to the line in the same order and the dinghy off the Pier was rounded as follows:-

Maid Marian

Phobe

Active

Eric a

Meteor

Ladybird

Sybil

Chanticleer

Payne

Dart

Κ.

M.

2

88 48

3

2

50

5

15

7

45

10

25

12

26

16

32

3

20

3

33

45

4.

11

40

SEOBNRAZ

The Dart here gave up. In the second beal up to Channel Rocks Erica passed Active and nearly caught Phoebe, and Meteor went away from Ladybird. The wind was falling lighter and the leading boats had the best of the breeze, In fact Sybil, Payne, and Chanticleer were scarcely able to stem the tide. In the ran down to Kowloon Rook Phoebe lost second place to Erica, but Maid Marian still was a long way ahead of the two. Active was here a very good fourth, leading Meteor by about 5 minutes. The wind fell away very fast and the Maid ran away from the next boats, the line being

crossed as follows at the finish :----

Maid Marian ...

Erica...

Phoebe

Active

Meteor

Ladybird

Chanticleer

Payne...

· H. M. 8.

4 44 41

10 marks

4 54 38

4

19

*

4 55 10

4 55 51

0 15 5 13 0 5 39 2

10 marks

"

The marks scored by the boats up to date

are:-

Maid Marian

Payne...

Ladybird

Erica... Chanticleer

Phoebe

Dart

THE HONGKONG WEEKLY PRESS AND

|

up her lost 4 minutes on the other boats. | Ladybird was proving her light weather su

periority over the rest of her class and opening out a lead. The order at Channel Rocks was Erica, Maid Marian, Active. Phoebe, Meteor, Ladybird, Chanticleer, She, Dart, and Payne. The rest had given up. In the run dɩwn Dart got in front of She, but not far enough to make up her time, and the boats crossed the line as below:-

Erica...

Maid Marino Active Meteor

Ladybird Dart She

Payne

A

CLAES.

H. M 8. 4 49 59 5 2 19 5 11 53 14 55

B CLASS.

first 10 marks disqualified second 4 marks third 1 mark

H. M. 8.

15 55 first 10 marks 5 30 28 third 1 mark 5 31 4 second 4 marks 5 45 15

The total marks gained in the competition

ȧre:-

Erica and Ladybird...

She

Maid Marian and Active

Meteor and Dart

20 marks each

4

31

2

THE SIX-A-SIDE FOOTBALL COMPETITION.

55

The following is the record in the six-a-side competition to 27th November

TEAMS.

Moberley Looker

20

14

Davies

14

8

Mackay Wood

1

1

SECOND RACE FOR THE COMMODORE'S

CUPS, 27TH NOVEMBER.

The second race for the two cups presented by the Hon. F. H. May, the commodore of the club, was sailed on Saturday afternoon in a north wind of variable strength and turned out to be the final race, the Eric and Ladybird

winning both races, each in her own class.

The course was from the starting line, round the Channel Rocks, Kowloon No. 1 Dock buoy, and the west buoy off Meyer's oil works, round each mark twice, leaving all to port, and back across the starting line. 10 miles.

The following boats started at 2.3):-

Erica

Meteor

Chanticleer

A CLASS.

Mr. A Denisou

Mr. C. H. Kew

Mr. C. A. Tomes

Maid Marian Mr. J. Hastings

Mr. H. E. Pollock

B CLASS.

Mr. C. D. Wilkinson

allowed 14 minutes 11

19

""

allowed

2 minutes

Active

Ladybird

Payne

Officers R.E.

Dart

Dr. Clarke

3

13

Elfin

Mr. W. Hamann

4

""

She

5

""

Seabreeze

Mr. E. Hazeland Capt. Long

10

"

A few minutes before the starting time there was a nice north-east wind, which died away just before gun fire and several boats got left, Active not being able to cross the line for 43 minutes, Chanticleer for 10 minutes, and Payne for 15 minutes after the others. Maid Marian and Meteor were recalled, but the former did not return far enough and was thus disqualified from the start. Erica went through the fleet and in ten minutes had a lead of about half a mile of everything but Maid Marian which was about 200 yards behind her.

TO CO TO LOCO Played.

COONN Won.

~NOOO LORE.

O-NO- Drawn,

OOOK**

Goals

for.

∞∞☺☺☺ Against.

CHEAG Points.

THE PUNJOM MINING CO.,

LIMITED.

The Secretary of the Panjom Mining Co., Limited, advises us that he has received the following progress report on the operations on at the Company's mines for the month ending 31st October.

carried

best attention has been given to the driving August Shaft, 300 ft. Level.--Our very

of the cross cut here and considering the nature of the ground fair progress has been made, 36 ft. having been driven for the mouth. This makes the total length from the shaft 66 ft. From the appearance of the ground in the face now I think that even better progress will be made during the coming month.

[December 2, 1897.

beadings and out crop yielding 142 ozs. 5.0 grs. of smelted gold.

Berdan Pans. These ran full time on old weathered concentrates, treating. 45 tons for 20- ozs. of smelted gold.

Cyanide Works.-These works ran 25 days, treating 702 tons of tailings for a yield of 265 ozs. of bullion valued at 15/5) per ounce.

I intend in future to follow the course of treatment recommended by Mr. Gordon Wilson, of Charters Towers, in the report he furnished' some mouths ago.

General. All work coming. under this head has had the usual attention and everything kept in good order.

Labour. The supply of this has been fairly plentiful.

Health. This has been fairly good.

Rainfall. The total rainfall for the month is 12 inches.

EWO COTION SPINNING AND WEAVING CO., LIMITED.

The second ordinary meeting of the Ewo Cotton Spinning and Weaving Co., Ltd., took place on 24th November, in the offices of the Com- pany, Shanghai, Mr. E. F. Alford presiding, and there were present Messrs. J. Prentice, Alex. McLeod, C. Dowdall, C. E. Anton, Wm. Dobie, W. D, Little, A. Cushny, J. M. Young, E. R. Burder, A. K. Craddock, W. C. G. J. Morrison; Tong Kid-son, W. A. Crnickshank, John Paterson, Charles Overbeck, F. Rodewald, F. M. Gratton, James Valentine, and Colin Buchanan,

see

The Chairman said-Gentlemen, it is only s0 recently that I occupied your attention at some length as regards the Cotton Mill, when we met at the extraordinary meeting, that I think I may limit my remarks on this occasion. The report and accounts have been in your hands for some days, and

you will that they bear ont the remarks I made as to the future working of the Mill, when I had the honour of addressing you at the previous meet- ing. I may. therefore, take the items in the balance-sheet seriatim. Yon will see under assets: property, Tls. 137,506.63. This is re- presented by the cost of the land, bunding, etc. Then buildings, Tls. 259,857.02; this is the cost of the buildings. It is somewhat over the estimate, I admit; but at the same time if any- one cares to take the trouble to look over them

I think he will agree with me that we have got full value for our money. Plant, Tls. 601,626.23, is the cost of plant and machinery. The remarks I have just made will fully apply to the plant and machinery. Water supply, Tls. 15.741.94, is for the reservoir, Waterworks Company's charges, etc. Then there is millstores. Tls. 1,816.40; this is for the necessary oil, packing, and smaller things for keeping the machinery and plant in order Coal, Tis. 3.865.50; this, I think, needs no explanation. Furniture, Tls. 3,865.50; this is for the furniture in the office, and the bed-room and sitting room of the three Europeau employes at the mill. Cotton, yarn, and waste in stock, Tls. 128, 603.97; this relates to cotton in the godown at the date of the clos- ing of the report. Cotton and yarn in process, Tls. 27,435,22; this represents the cotton on the dobbins on the 31st October. Yarn in stock, Tls. 104.691.64; this is practically all sold, but not delivered on account of some stringency in the money market, I believe. Unexpired fire insurance premia, Tls. 5.927.9', and rates and taxes, Tls. 602.42, need no explanation. Pre- liminary expenses, Tis. 3,957.78; these are such as are incurred by every Company, and I think Intermediate Level. She west crosscut at are not excessive. These we propose to wipe this level having reached the course of the reef out, as they do not represent any valuable asset. without shewing anything of value, work here We have Tls, 6,553.27 in Hongkong and Shang- has been discontinued. The drive being drivenhai Bank, and Tls. 2,730,70 in the hands of the to connect with the north shaft has also been compradore. On the liabilities side there is stopped for the time

capital Tls 1,000,000, Tls. 246,822.74, which is due to Messrs. Jardine, Matheson & Co., and than balanced

200 ft. Level. The cross cut going out to the North Shaft has been extended 21 ft., making its total length 32 ft. from the North drive on the course of the reef. This leaves about 18 ft. to reach the point where the North Shaft should come down. I am hoping to see these two points connected during the coming month. A cross cut has also been driven west to prove if the western chute of ore is still continuing to the This cross cut has just reached the foot wall of the reef after passing through about 2 ft. of highly mineralized ore which, although of very low grade, is in my opinion worthy of being further prospected. I intend to drive North on the ore referred to to see if any other chute of payable ground can be found. The stopes over this level are almost exhausted and will be quite so within the next fortnight.

north.

North Shaft. Owing to the very hard nature

The boats had the wind on the port bow, and of the ground here the progress made has been that amount has been more

nearly all fetched the Channel Rocks in one tack, Erica being first round a minute in front of Maid Marian. Phoebe, cruising round the course, came next, then Meteor and Active. Ladybird was leading in the second class with Dart and She in close attendance. A reach toKow- loon Dock buoy and a run to Meyers' buoy com- pleted the first round, by which time Erica had increased her lead to four minutes of the Maid, which was a long way in front of anything else. The Active was doing very well, having made

very little indeed, 14 feet only having been sunk during the month. The total depth of this shaft now is 176 feet, leaving 20 feet more to sink to connect with the 200 feet level.

Drivage.--The total drivage for the month is 110 feet 6 inches.

Ore mined, 117 tons.

Milling. This was carried on during 30 days, orushing 117 tons of ore from the mine for a yield of 29 ozs. 5.0 grs. and 1,921. tons of-old'

by the cotton yaru in stock, which appears on the other side. The profit and loss account shows a balance of Tls. 41,261.64 to the Company. In the profit and loss account we have the interest, Tis. 14,456.07, as I have previously mentioned, which shows a very considerable amount, due, of course, to the fact that our capital was all paid up and has only been used as required. Transfer fees Tls. 464, is for the transfer of shares. The balance

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.