*C
914
a
the excellent net score of 95, which included
'possible" at 400 yards. The No. 2 cup fell to Gunner Holmes, a promising young shot, who scored 94, including 17 points handicap.
THE HONGKONG RIFLE ASSOCIATION.
Fifteen members took part in the weekly competition on Saturday last. Below are the scores handed in
Cor. Leadingham, R E. 27
Mr. Marshall
2052&II25
8***ng: NONO*XX
200
500
600 H'eap. Total
Mr. Skelton*
29
33
33
95
Mr. Watson*
34
80
93
Segt. Bowery, R.E. *.
28
35
92
31
32
90
Mr. W. Robertson
26 6
88
Sapper Clarke, R.E.
26
30
86
32 26
86
Mr. A. Read
27 25 4
83
Corpl. Hills, B.E.
30
21 24
Mr. W. Macdonald
29
22
Capt. Swan
14
25
75
21
17 12
14 24 6 72 71 83
Mr. Stackwood
Mr. Beck....
Mr. Diggins
| | | | 100 | 0
в
78
78
* Winners of Spoons.
THE ROYAL HONGKONG GOLF CLUB.
CAPTAIN'S CUP AND SILVER MEDAL FOR OCTOBER.
Considering the wretched weather which prevailed on two of the three days of the above competition, the attendance of members was good. On the third day two of the greens were under water and play impossible. Sub- joined are the return's banded in, which, for reasons given above, are not very brilliant. The winner of the cup and pool was fortunate in playing round on the first day of the meet- ing, his card including 9 fives and 4 fours :—
CAPTAIN'S CUP.
Lieut. B. V. Brooke, R.N... 95
8 87 89
Mr. H. L. Dalrymple
97
8
Capt. E. Burnie.....
113
21 92
Mr. W. J. Gresson
118
18
Mr. W. J. Saunders.
105
11
93 94
20 entries.
POOL.
Lieut. B. V. Brooke, R.N... 95
Lt. A.J.McKenzie Grieve, E.N. 98
8
Mr. D. Hay, R.N.
106
12
Mr. E. F. Mackay Mr. C. H. Graçe ...
105
106 9
87 90 94 11 94 97
21 entries.
HONGKONG FOOTBALL CLUB. The six-a-side competition, for which six teams have entered, started on Friday and will be played right through before the regular season commences. The teams are as follows -----
H. 8. Moberly (capt.)
F. H. Kow
H. C. R. Hancock
T. Yule
A. R. Lowe
P. W. Hornby
· H, W. Looker (capt.)|
A. B. Anton.
E. E. Deacon
W. M. Humphreys
J. Brooke Smith H. Arthur
J; F. Noble (capt) C. T. Kéw
G. W. Millward
J.D. Danby
P. A. Cox W. Armstrong
·P. G. Davies, R.A. (capt.) - Hudson, R.A.
H. Pinckney
W. Wilkinson, R.A.
- Loring, R.A.
H. Grant Smith
W. A. L. Lethbridge (capt.)
Showell, R.A.
H. B. Bedwell, R.N. H. A Seth
C. S. Stockwell
Holmes
E. F. Mackay (capt.)
W. W. Howard
G. H. N, Lexton B. Maryatt, R.N. Castle, R.A. Holmes
THE HONGKONG WEEKLY PRESS AND
The following are the dates fixed for the matches, which will be played on two grounds, beginning not later than 5.15
Fri. Oct. 14, Moberley v. Mackay. Tues. 18, Moberley v. Davies; Lethbridge v.
Looker.
"
Thurs. Oct. 20, Mackay v. Lethbridge; Noble v.
Davies.
Mon. Oct. 24, Looker v. Noble; Moberley v.
Lethbridge.
Tues. Oct. 25, Davies v. Mackay.
Wed.≫
Thurs.,
Fri. Mon.
Noble.
"
H
Thurs.n
26, Moberley v. Noble.
27, Looker v, Davies.
28, Lethbridge v. Mackay.
[October 15, 1898.
If any captain wishes for a substitute he must ↓ elected directors, on the motion of Mr. STEWART, obtain one (or more) of the following gentle-seconded by Mr. DE CHAMPEAUX. men :-T.Yule, J. D. Danby, H. A. Seth, W. M. Humphreys, J. Brooke Smith.
The regular season will be opened on Satur. day, November 5th, with a match against the King's Own Regiment.
At a Committee meeting of the Shield Com petition Committee held on the 11th inst, it was decided to give medals as before.
CHINA TRADERS' INSURANCE COMPANY, LIMITED.
On 11th Oct. at noon the 32nd ordinary meeting of shareholders in the above Company was held at the head office, Queen's Road Central, for the purpose of receiving the report of the directors and statement of accounts to 30th April last and of declaring dividends, Mr. J. Thurborn presided and there were also present Messrs. A. J. Raymond, A. Haupt, and P. Sachse (directors), W. H. Ray (secretary), Captain Burnie, Messrs. G. de Champeaux, G. Stewart, and G. T. Veitch. The SECRETARY having read the notice con- vening the meeting,
The CHAIRMAN said-I regret to say that the Chairman of the Board will not be present, so I am obliged to take his place. The report and statement of accounts have been in your hands for several days, and, as you have doubt less carefully studied them, I will with your To many of permission take them as read. you, who have in former years become accus- tomed to the almost uninterrupted series of good reports with their liberal dividends and bonuses to shareholders and contributors, and often a substantial addition to reserve, I fear
the present statement of accounts must be dis- appointing. As stated in the report, the unfavourable
dne is entirely
result
On the motion of Captain BURNIE, seconded. by Mr. VEITOH, Mesзrs. T Arnold and H. U. Jeffries 'were re-elected auditors.
The CHAIRMAN-That is all the business, gentlemen. I thank you for your attendance. Dividend warrants will be ready to-morrow.
THE YOKOHAMA SPECIE BANK,
LIMITED.
The following is the report for the half-year ended 30th June, last:
To the shareholders.-Gentlemen, The direc tors anbmit to you the annexed statement of the liabilities and assets of the bank, and profit and loss account for the half-year ending June 30th, 1898.
The gross profits of the bank for the past half-year, including yen 274,689.795 brought forward from last account, amount to yen 4,950,700.668, of which yen 3,516,801.072 bave been deducted for current expenses, interest on deposits, &c., leaving a balance of yen 1,434,399.596 out of which yeu 69,582 have been written off for officers' remuneration.
The directors now propose that yen 300,000, be added to the reserve fund, increasing it to yen 6,960,000; and yen 50,000 be set aside for the contemplated new building. From the re mainder the directors recommend a dividend at the rate of fifteen per cent. per annum, which will absorb yen 450,000 on the old shares, and yen 225,000 on the new shares, making a total of
yen 675,000.
The balance, yen 339,817.596, will be carried forward to the credit of next account.
NAGATANE SOMA, Chairman. Head Office, Yokohama, 10th September, 1898
THE SHANGHAI ENGINELKING, SHIPBUILDING, AND DOCK CO., LIMITED.
to the abnormal number of fine steamers in the Eastern trades which have been either totally wrecked or incurred serious casualties, in which the Company has in its usual course of business been more or less heavily interested, and reduc- The annual meeting of the shareholders of tions in rates, which we do not inaugurate this company was held at Shanghai on the 30th but which at times We have to follow. September at the offices of Messrs. H. Mandl The business has been worked during the past and Co, Kiangse Road. The chair was occupied year by the same managers and on the identical by Count Butler and there were also present. lines which in the past have produced such geed Messrs. Blechynden, Middleton, and Chun Fai- results. Our experience is by no means excepting (lirectors), W. B. O. Middleton, E. W. tional, and some of you may have observed an interesting leading article that lately appeared in the Economist dealing with the present un- satisfactory position of marine insurance. moderate increase in rates is undoubtedly needed and must eventually come about, though up to the present combined action has not been found practicable, except in the Australian colonies, where tariffs have been formed and are work- ing satisfactorily. Turning to the report itself, the balance sheet and working account call for no special comment, but with regard to the proposed transfer of $100,000 from the reserve fund, I may mention that the outstanding claims amount to considerably less than the sum carried forward, but in view of the number of risks unexpired the direc- tors have deemed it prudent to make provision for any further losses which may occur. The present lean year follows twenty good ones and with a return to the normal ratio of losses the directors trust that future years may prove to be as profitable as the past ones. The current year has opened well, and, though it is far too early to speak confidently of its prospects, the directors venture to hope that when they next meet you it will be with a better report than the one which they regret it is their duty to present to you to-day. Our mortgages have been valued as usual by Messrs. Palmer and Turner and the properties continue to furnish ample security for the loans on them. Before formally moving the adoption of the report and accounts I shall be pleased to reply to any questions that shareholders may wish to ask.
Clements, J. C. Leonard, Robertson (Nagasaki), G. Pilkington, R. H. Ord, J. West, H. S. George, A. H. Maertens, C. Overbeck, and Mac- Agowan (secretary), representing 2,009 shares. .
|
2
The Chairman said-With your permission we will take the minutes of the first meeting as having been read, as they havy already been circulated and I think we may take the report and accounts as read for they have also been circulated among the shareholders for a cònsi- derable time. During the year under review we have had a good many difficulties to contend against which bare retarded the completion, and added to the cost, of the dook. The coffer- dam gave way on three occasions; the first two breaks were easily repaired, but when, in August, last year, the water was pumped out, it was not was found that the construction strong enough to withstand the pressure of the mud, and almost one-third of the dam burst. This necessitated the construction of an inner dam, of much stronger build, Last which has been perfectly successful. autumn and early in the spring of this year we experienced several unfortunate. landslips, which made it necessary to do the greater part of the work twice, and in some instances thrice, over. In view of these difficulties we thought- it our duty to obtain the best professional advice in addition to what we have engaged and the work has since been carried on in accord- ance with that advice. Happily, these difficul- ties have been overcome, and the photographs on the table will show you that the work is nOW nearing completion, and much further progress has been made since these views were taken. More than nine-tenths of the bottom is filled and concreted; the piling of the sides is nearly finished, the caisson, is well in hand, and the pumps and pumping engines are fixed in posi tion. We confidently expect by the end of this year to be able to flood the dock and float the caisson into position. Then the work of removing the cofferdam will begin and be com- Mesars. C. Baarmann and Sachse were re-1 ́pleted in about 6 weeks. The greater part of
There being no questions, the report and ao- counts were adopted, on the motion of the CHAIRMAN, Seconded by Mr. STEWART,
On the motion of Mr.DE CHAMPEADASPURUNdos
the by Captain BURNIE, the appointment directors of Messrs. Sachse and Haupt to fill 31, Looker v. Moberley; Lethbridge v. the vacancies caused by the retirement of Messrs. G. D. Boning and St. C. Michaelsen was con- firmed.
Wed, Nov. 2nd, Noble v. Mackay,
3rd, Lethbridge v. Davies.
}
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