100
P. Jordan; Hon. L. A. M. Johnston; Mr. J. W. Lee Jones: Mr. E. Jones; Hon. P. N. H. Jones: Dr. K. Justi: Rev. F. T. Johnson; Rev. P. Jenkins; Mr. J. A. Jupp: Brother Joshua Captain H. Johnson. R.A.M.C.: Dr. W. V. M. Koch; Mr. E. S. Kadoorie ; Dr. F. Keyt: Lieut. J. F. Knox; Jemadar Rama Kadam. 114th Mahrattas; Jemadar Ma- hadeorad Khanvilkar. 114th Mahrattas; Suba- dar Major Issak Khan. 110th Mahrattas; Subadar Bajaji Rao Kadan. 114th Mahrattas ; Subadar Shaikh Abdool Kadir. 114th Mahrattas: Major O. C. Painter. R.E.. Captain H. S Pennell. S.F.; Mr. F. L. Perkins: Mr. D. Pudsey, R.A.; Major H. A. Pratt. RG.A.: Major C. J. Pritchard. R.A.. Dr. W. W. Pearse Captain F. E. L. Parker, R.A.M.C. Staff Surgeon F. W. Parker. R.N.. Lieut. H. W. Paxton, R.F.A.; Mr. G. H. Potts, Mr. G. F. de Pledge. S.F., Mr. J. A. Plummer; Mr. G. W. F. Playfair: Mr. J. J. Plummer; Mr. C. Pemberton; Mr. J. C. Peter; Mr. H. Pinckney;
THE HONGKONG WEEKLY PRESS AND
HONGKONG ELECTRIC TRAM- 1
WAYS.
The
The new electric trams catered for the public for the first time on the 30th ult., but only over a portion of the system. It was confidently expected that everything would be in readiness by the first of Angust. but the job at Arsenal Street is taking longer than was anticipated; the poles there have yet to be erected. part of the line now open lies from Arsenal No provision for 5-cent fares. by the way, seems to have been made on the tick-ts. If we partly reproduce the ticket it will perhaps describe the 10-cent rides as clearly as would be done otherwise :- Fir loss Fure 10-cents.- Ken'dy Town to Wing Lok St.-Whitty St. to Post Office.-Wing
Street eastward.
Metropole Hotel to Shankiwan.
The first tram started from Arsenal Street at
Lok St. to Arsenal St.--Post. Office to Obser- vation Pl-Arsenal St. to Causeway Bay or Race Course.Observation Pl. to Metropole
New Dock.- Hotel. Causeway Bay to er. T. W. Pearce; Mr. H. Pauli, Deputy Vice-Consul for Sweden and Norway: Mr. C. Parker. R.N.: Mr. R. S. Popham. S.F.; Lieut. G. Philpott. R.N. Lieut. T. Pezare, A.S.C.: Jemadar Hari Sett Pillankar. 110th Mahrattas; Jemadar Essu Parab, 114th Mahrattas; Mr. A. G. Romano, Consul-General for Portugal and Consul for Brazil; Mr. S. B. C. Ross; Mr. A. J. Raymond. Mr. A._H. Rennie: Inspector Robertson, H.K.P.; Mr. J. Rodgers: Second Lieut. Rogers, R.E.; Mr. A. Rumjahn; Mr. C. H. Reid, R.N.: Captain F. J. Radford S. F.; Major P. Strickland, 93rd Burmas: Major Lebreton Simmons. R.E.; Mr. T. Sercombe Smith Mr. M. W. Slade: Captain R. H. S. Stokes, R.N... Hon. R. Shewan: Mr. A. Seth; Captain W. H. Simpson. 93rd Burmas: Captain H. Steen. 114th Mahrattas ; Mr. H. Schubart: Mr. O. Struckmeyer: Mr. S. D. Setna: Mr. J. R. M. Smith: Mr.
D.
:
(August 8, 1904.
The balance $1,492,554.31 to be carried to new profit and loss account.
DIRECTORS.
Mr. C. A. Tomes having resigned their seats on J. Gresson and Hon. R. Shewan have been leaving the Colony. Mr. A. Haupt, Hon. W.
nvited to fill the ra ancies; these appointments require confirmation at this meeting.
Mr. C. Michelau, Hon. C. W. Dickson and
AUDITORS.
Hutton Potts and Mr. A. G. Wood, the litter The accounts have been audited by Mr W. acting for Hon. C. S. Sharp, who is absent from the Colony.
This abstract of assets and liabilities of the Hongkong and Shanghai Banking Corporation. accompanies the report
Paid-up capital silver reserve fan! Sterling reserve fund
-
LIABILITIES.
Marine insurance account Notes in circulation:---
Authorised
issue
against securities de- posited wi h the Crown Ag nts for the Colonies Additional issue autho- rised by Hong ong Ordinance No. 19 of 19 0, against coin lodged with the Hongkong Govern-
about 10a.m. It was under the control of Mrs. Jones, wife of Hon. P. N. H. Jones. Acting Director of Public Works. Mr. J. Gray Scott, general manager of the line, explained to Mrs. Jones the rudiments of the controlling system. and that lady took her place as driver, Master Jones warning off obstructionists with the the car were Mr. H. A. Pratt. Mrs. L. A. M. loud-sounding bell. Included amonest those on Johnston. Mrs. H. H. J. Gompertz, Mrs. J. Gray Scott, the Hon. P. N. H. Jones, the Current accounts: -- Hon. R. Shewun. Messrs. J. Gray Scott. H. Hackwood, A. Emerson, and E. R. Graham. After the car had run to the Bowrington Canal and back the line was formally declared open.
be few
races.
"
In the afternoon cars had a busy time taking passengers to and from the Race Course. Though the day's work on the whole must creditable, there were a adjudged
troublesome incidents. After the
& for instance. number of people swarmed into one of the cars, and shouted to the driver
ahead." The car did not start at their bidding. After waiting impatiently for some time the occupants became noisy and when Mr. Gray Scott loomed requests to set her going." Mr. Scott did so, in sight he was simply stormed with earnest and those aboard cheered vociferously. It still went too slowly to please some of them. When clear run before him, he satisfied the impatient the Praya was reached, and the driver had a
ones with the speed attained, but they had to suffer some bumping. It will, no doubt, take the Chinese drivers a few days to learn this
novel "pidgin before they are really efficient. The line itself is in first-class condition.
HONGKONG AND SHANGHAI
J. Gray Scott: Mr. H. P. Smith; Mr. J. J. Schroter; Mr. D. H. Silas Mr. Bruce Shepherd; Mr. M. Stewart; Mr. M. J.
Hon. Stephens :
Gershom Stewart; Dr. F. O. Stedman, Major C. S. Parkes, R.A.M.C.. Inspector J. Smith, H.K.P. Mr. A. J. Sutor. R.A.; Mr. E. A. Snewin: Captain J. J. O.B. Sexton 110th Mahrattas: Major S. R. Stevens. 93rd Burmas; Mr. E. H. Sharp Mr. H. W. Smith. R.A.; Lient. J. Staple A.O.D.; Jemadar Nalha Singh. H.R.A.. Subadar Major Isar Singh. 93rd Burmas Jemadar Foja Singh. 93rd Burmas; Jemadar Basawa Singh, 93rd Burmas: Mr. E. Shellin; Jemadar Kirpal Singh, 93rd Burmas; Capt. G. J. B. Sayer. H.K.V.C.: Mr. W. Murray Scott. H.K.V.C.: Mr.
A. Schlumberger Mr. J. W. Ross-Taylor: Mr. Basil Taylor; Mr. Tong Lai Cheun: Subadar Mahabal Tewari, 110th Mahrattas; Capt. D. F. Tulloch. R.A.; Chevalier. Z. Volpicelli. Consul. General for Italy: Capt. H. S. Vaughan. Queen's Own Royal West Kent Regiment; Mr. Ꭻ . Y. V Vernon; Staff-Surg. A. H. Veitch. R.N.: Mr. G. H. Vincent. Engineer-Lieut.. R.N.: Lieut.-Comdr. R.E. Vaughan. R.N.. Mr. G. T. Veitch; Mr. A. W. Whitlow: Mr. T. Wright; Mr. S. T. Wenborn; Mr. H. P. White; Capt. T. M. Wakefield. R.A.; Mr. T Whyte, R.R. Capt. C. M. Watkins. R.E; Inspector Withers; H.K.P.: Mr. P. Wodehouse. H.K.P.; Mr. Wei On: Mr. G. E. Woodward, N.O.D.. Fleet Paymaster A. Wilson; The net profits for that period, including R.N.; Capt. E. S. Ward. Grenadier Guards; $1.417.366.08, balance brought forward from Lieut. Col. C. M. Watts: Mr. Wei Yak; last account, after paying all charges, deducting Comdr. H. D. R. Watson. R.N.; Comdr. J. C. interest paid and due, and making provision Watson. R.N.; Mr. J. Woods; Mr. A. Ramsay- for bad and doubtful accounts, amount to Walker. R.E.; Mr. D. Wood; Mr. A. J. $3,520,374.81. Williams; Mr. C. D. Wilkinson: Mr. Wong Kum Fuk; Mr. J. R. Wood; Mr. R. C. Wilcox; Mr. A. G. Ward: Mr. A. G. Wood: Mr. J. Whittall: Mr. G. H. Wakeman; Mr. W. H. Wickham : Dr. M. Johnston White. U.S.P.H. & M.H.S.; Mr. I. M.`Xavier.
It is rumoured, says the Foochow Echo. Monsieur A. J. Laudney, Consul for France at Amoy, is to arrive here shortly to take up the post as Consul for France. Consul Laudney was here some time ago as acting Consul for a very short period of time, when he was trans- ferred to Amoy. He has the reputation of possessing a thorough knowledge of the Man- darin dialect.
|
BANKING CORPORATION.
The seventy-eighth report of the court of directors, to be presented at the ordinary half- yearly general meeting of shareholders at the City Hall, Hongkong, on Saturday, the 20th August, is as follows:
Gentlemen.-The directors have now to sub- mit to you a general statement of the affairs of the bank, and balance sheet for the half-year ending 30th June. 1904.
The directors recommend the transfer of $500,000 from the profit and loss account to credit of the silver reserve fund, which fund will then stand at $7,000,000.
They also recommend writing off bank pre- mises amount the sum of $200,000.
After making these transfers and deducting remuneration to directors there remains for appropriation $2,805,374.81, out of which the directors recommend the payment of a dividend of one pound and ten shillings sterling per share, which at 4/6 will absorb $533,333.33.
The difference in exchange between 4/6, the rate at which the dividend is declared, and | 1/9 15-16. the rate of the day, amounts
to $779,487.17.
mient
Silver Gold. £1.939,613 8s.
તુ.
Fixed deposits:
Silver...
Gold. £4,78,516 11s.
gd.--
$10,00 1,000.0
4,893,352.00
$ C, 10,000, 00 00 10,0,0 0.00
6,5·0,· 0 · 0 250,000.00
14,593,352,00
$76,201,028.31
21 861,473.55
98.055,501.80
$46,382,951,01
55,045,266.01
-101,423,207.02
Bills payable (including draft- on Lon- don bonkers cal loans and short sight drawings on London office ag inst bills receivable and bullion shipment-) Profit and loss account Liability on bills of exchange re-dis- counted, £5.94 .5493s #d, of which £4.107.74 108. Od. have since run off,
Cash
ASSETS.
Coin lodged with the Hongkong Govern-
Bullion in hand and in transit
ment against note c.rculation in excess of $10,9 4,010
In ian Government rupee paper Consols Colonial and other securities ..
15,317,670.51 3,5:0,374.81
$259,995, 106.20
$ C. 42,338 044.69
sterling reserve fund investments, viz,:
£570.000 21 per cent. Cousols
a' 85
(of which £250.000 lodged with the Bank of England as a special Loudon re- serve.) £255,000 27 per cent. national
war loan, at 90 £325.00 other sterling secu.
£184,500
229,500
6,000,000,0 4,507,709-07 2,0·8.928.38 6,713,306.96
rities, written down to ... 286,000
£1,000,000 10,000,000,00
Bills discounted, loans and credits Bills receivable Bank premises
87,146 299.84 99,852,9 13 49 1,397,783.77
$259,995,106.20
GENERAL PROFIT AND LOSS ACCOUN P.
Dr.
3 th June, 1904.
Rem neration to directors......
To amounts written off :-
To dividend account:
£ 10s. per share on 80,000 shares-
£120,00⚫ at 4s. 6d.
To dividend adjustment account :-
Difference in exchange between 48, 6d. the rate at which the dividend is, declared. and 18. 94 5-8ths the rate of the day
To transfer to silver reserve fund To transfer to bank premises account .. To balance forward to next half-year...
Cr.
By balance of undivided profits, 31st Decem. ber, 1903 By amount of net profita for the six montha ending 3uth June, 1904, after making provision for bad and
$1,417,366.08
$ C.
15,000,00
533,333.33
770,487.17 500,000.00
200,0-0.00
1,492,554.31
$3,520,374.81
G.
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