June 4, 1888.].
26 25
Corp. Leadingham Corpl. Jenner... QUEEN'S 2ND STAGE.-Distance 600 yards. Members only. No. of Shots, Fifteen. En- trance 50 cents. Three prizes value 50 per cent. of the Entries with $5 added, Mar- tini-Henry Rifles allowed 9 points.
G. P. Lammert
Sergt. Bowery, R.E.
QUEEN'S 3RD STAGE. Distance 800 yds.
E. C. Shepherd
G. P. Lammert
F. Melhuish
Capt. Warren, R.A.
2nd Corpl. Leadingham
CHINA OVERLAND TRADE REPORT.
451
rests of any description. Target ordinary A. S. WATSON AND CO., LIMITED. 3rd class-8 inch bull.
Capt. Warren, R.N. D. Macdonald
J. Coyle ...
27 26 25
QUEEN'S AGGREGATE.-For competitors whose respective scores in the Three Stages of the Queen's make up the highest aggregates. Entrance $1. Prizes to be selected by win- ners in order of merit as laid down by Rule 12 in Ladies' Competition.
G. P. Lammert
Corpl. Jenner
287 282
THE ROYAL HONGKONG GOLF CLUB.
BANKERS AND BROKERS V. ALL COMERS. Twelve couples turned up for the above match, which was brought to a close on Saturday last and resulted in a win for the All Comers by 6 holes, the following being the details of the play
BANKERS AND BROKERS
holes.
ALL COMERS.
0 Dr J. A Lowson...
0 Mr C A Tomes
boles
0
69
E. C. Shepherd
64
64
Pte. Thornton, K O.R...
63
Oorpl. Hills, R.E..
62
Sapper B Clarke, R.E.
G. H. Coles, R.N.
C. S. M. Wallace, R.E
57
E. C. Shepherd
278
Corpl. Leadingham, R.E.
54
Sergeant Bowery, R.E.
276
Corpl. Jenner, B.E.
54.
Capt. Warren, R.A.
263
G. H. Coles
52
Pte. Thornton, K.O.R...
262
Corpl. Eddy, R.E...
-48
C. 8. M. Wallace, R.E
255
Capt. Warren, R.A.
48
2nd Corpi. Hills, R.E...
255
F. Melhuish
48
Sapper Clarke, R.E.
251
F. Watling
32
2nd Corpl. Leadingham
244
F. Melhuish
240
Members only. No. of Shots, Ten. trance 50 cents. Three prizes value 5 cent. of the Entries with $5 added. Mar- tini-Henry Rifles allowed 7 points.
Ea-
Corpl. Eddy
239
per
224
G. H. Coles, R.N.
46
45
45
44
43
Sergt. Bowery
41
2nd Corpl. Hills, R.E.
46
C. S. M. Wallace, R.E...
39
Sapper B. Clarke, R.E.
36
Pte. Thornton, K.O,R...
34
32
Mr W. May
30
Mr G Stewart
7 Rev G R. Vallings
25
Mr. A 8 Anton
7
Mr. H. L. Dalrymple
16
Mr. Pinckney
Mr. J Thurburn
0 Lieut Des Vœux. RE
3
0
En-
Capt R. M Rumsey, R.N.
6
Mr. A J. McClure
0
Mr. C. H Grace
3
Mr. P de Morriss
2
Mr. W Taylor
1
Mr. J. F Noble
0
Mr. G. Millward
2
Mr. E. L. Hunter
0
(om. Taylor, R N..
42
40
Mr G. W F. Playfair... 4 Mr. E. E. Deacon
Mr. E R Morriss
0
39
20
38
38.
Sergeant Bowery, R.E.
37
Corporal Jenner, R.E...
36
C. S. M. Wallace
33
Sapper Clarke, R.E.
33
2nd Corporal Leadingham, R.E.
30
Corporal Eddy, R.E.
25
BOOTLAND.
Corporal Hills, R.E.
Dr J. A Lowson
24
plays Mr.
Mr. G. Stewart
F. Melhuish
32
22
Mr. A S. Anton
}}
20
Capt. Montgomerie, R.N
Mr. H. L Dalrymple Mr J. Thurburn
"
Rey G. R Fallings
Mr. O. A Tomeg
Mr C. H Grace
++
Mr. G. W F Playfair
Mr H. Pinckney
Mr. A. J. McClure
"
Mr P de Morriss
Mr W Taylor
Mr G. Millward
}}
32
Mr. E. F. Mackay
"
29
Mr. R. MoK, Ross
22
29
Mr. C. S. Sharp
Mr. E. R. Morriss
"
17
16
15
14
12
2
Corpl. Jenner, K.E.
Corpl. Eddy, R.E........
Q.-M.-S. Watling...
QUEEN'S SED STAGE-Distance 900 yards.
Members only. No. of Shots. Ten.
trance 50 cents. Three prizes value 50 per cent. of the Entries, with $5 added. Mar. tini-Henry Rifles allowed 10 points.
G. P. Lammert
G. H. Coles, R.N...
Private Thornton, R.O.R.
Captain Warren, R.A...
E. C. Shepherd
F. Watling
MARTINI-HENRY CARBINE COMPETITION.— Distance 500 yards Members only. No, of Shots, Seven. Entrance 50 cents. Three prizes, value 50 per cent. of the entries, with $5 added.
A. H. Skelton
G. P. Lammert
J. Coyle
D. Macdonald
M. S. Northcote
W. Hart
Q. M. S. Watling
H. Crombie
A. H. Toller
CARBINE AGGREGATE.-For competitors whose respective scores in Events Nos. 2, 4, and 11 make up the highest aggregates. En. -trance 81. Prizes to be selected by winners.
in order of merit as laid down by Rule 12 in Ladies' Competition.
200 400 500
Total yds. yds. yds.
30 33 32 95 29 80 29 88
A. H. Skelton...
@
G. P. Lammert D. Macdonald...
15 30 17 62 M. S. Northcote 21 20 16 57 W. Hart
16 21 15 52 Q.-M.-S. Watling 13 14 14 41 A. H. Toller
11 11 2 24 REVOLVER COMPETITION.-Distance 50 yards. Members only. No. of Shots, Six. Un- limited Entries 30 cents each. First prize presented by H. E. Wodehouse, Esq., C.M.G., and three other prizes 50 per cent. of the entries. Revolver of not less than 330 calibre to be used-trigger pull 4 lbs. mini- mum. Position standing. Revolver to be fred with one hand only and without arm
Mr. M. Stewart
Mr. W. J. Saunders
SCOTLAND V. THE WORLD.
4
26
This annual match is being played off during the current week, returns to be sent in by Fri. day evening, the 3rd June. Conditions the same as in last week's game. Following are the teams:-
THE WORLD W. May Lieut. Des Voeux, R.E
apt R M. Rumsey, R.N. Mr. V. A. C. Hawkins.
ANNUAL GENERAL MEETING,
MR. WICKING AND THE LATE.
MR. J. D. HUMPHREYS,
On 28th May at noon the thirteenth annual or- dinary general meeting of the shareholders of A. S. Watson and Company, Limited, was held at the Dispensary for the purpose of receiving a report of the general managers together with a statement of account to the 31st December, 1897. The report in question has already ap peared in our columns. Among those present were Messrs. H. Humphreys (chairman), A. H、 Mancell (secretary), P. Jordan. J. A. Jupp, T. F. Hough, A. Ellis, W. Parlane, H. Wicking, C. W. Terry, W. Bamsey, Captain W. E. Clark, D. W. Craddock, R. C. Wilcox, C. Ewens, E. K. Chandler, and Hing Tsin.
The Secretary read the notice convening the meeting.
The CHAIRMAN said-Gentlemen. I propose to adopt the usual course and consider the report. and statement of accounts as read. Wə have alluded in the report to the fact that our stocks-in-trade show a large increase over pre- vious years, and to such increase being conse- quent on extensions in our business operations in Amoy and Hongkong. Most of you are pro- bably aware that these extensions represent the businesses in Amoy and Hongkong formerly carried on under the name of Dakin, Cruick- shank & Co., Limited, which were bought by us from the Liquidator in January, 1897, and I am glad to able to state that our
be
Again,
4 purchase has proved to be of a satis. factory and profitable character. The property inland lot No. 16 and the building thereon lately in the occupation of the Hongkong Club being for sale was purchased on behalf of the company in July last for $127,000. A sum of $6,845.28|| was spent on the building during the remainder of the year, and of this $4,845.28 has been 3 charged under repairs account and has been written off. his property has a total area of over 14,200 square feet, and besides possessing an extensive frontage on Queen's Road, has also frontages on two other business thoroughfares., We considered it advisable to purchase the property for several reasons. Our lease of the building occupied by the Hongkong Dis pensary was drawing to a close and it was doubtful whether we should be able to obtain a renewal of it on favourable terms. the possession of inland lot No. 16 would pre- vent the possibility of any other firm, carry--- ing on the same kind of business as our- selves, acquiring the premises and establishing, themselves next door to us. Since our pur-· chase of the property we have received two offers of $150,000 for the lot and buildings, and we therefore consider the value at which it stands in the books, riz., $149,000, to be a low one, especially as the land is estimated to be. worth at least $10 per foot. You will notice: that remaining portion inland lot 19 has been considerably written down in this year's so-. counts, and you will no doubt be glad of some explanation on this point. In March this year, we received an offer of $115,000 for the property, and after careful consideration we decided to sell it at this figure. This entailed a loss ́on the book value of $41,055.32, the whole of which we have provided for in the accounts before you as follows:-$21,055.3% has been written off to profit and loss, and the balance of Play for the Captain's Cup for June is fixed $20,000 has been carried to the debit of inland for Saturday to Monday next.
Mr M, Stewart
Mr. W. J. Saunders Com. Taylor, R.N
BEST SCORE CUP FOR MAY,
The following are the returns handed in dur- ing the month:
Com, Taylor, R.N.
Dr. J. A. Lowson Mr. E. F. Mackay... Mr. E. R. Morriss... Mr. W. J. Saunders
13 entries.
94
84
93
104
105
11 83 0 84 15 # 88 10 94 11 94
A fire broke out at 67, Praya Central at about a quarter-past seven on Wednesday night. Information was conveyed to the Fire Station close by and the steamer was soon on the spot. The premises were stored with tobacco leaf and other commodities, and adjoin a residence. When the firemen arrived the second floor was burning, and the roof of the verandah, the venetian blinds, and some other woodwork had become ignited. The flames were soon extin- guished, but not before damage to the extent The premises of about $200 had been done. are insured for $5,000 in the North British and Messrs. Shewan, Tomes & Co. are the local Mercantile Insurance Company, for which
agents.
lot No. 16, bringing this up to $149,000 as. before stated. Remaining portion inland lot No. 19 and the buildings thereon were purchased on behalf of the company in 1889, upon a valuation made by Messrs. Bird and Pal. mer, at a time when land was experiencing a boom in common with nearly everything The Praya reclamation else in the colony, scheme, however, which had amongst its objects the creation of large tracts of land suitable for business houses and the prospective removal of all Government buildings thereto, eventually
caused a considerable fall in the value
of The same set of
Queen's Road properties. circumstances which caused the loss on the sale responsible for our being able to buy inland lot of remaining portion inland lot No. 19 was also
No. 16 so cheaply, and much as we regret the loss on the one we think that in purchasing Not
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