Ata meeting of the Committee of the above Society, held on Monday, the report of the Secretary and Treasurer, Mr. A. Gordon, was read as follows the desire expressed at Committee meeting, when the present pointed in the room of Mi Mater, resigned, the undersigned herewith submits to your inspection a statement of accounts from the date of the last a ment up to the end of October, in all six months. As will be seen on examining the accounts, the Society is not in so flourishing a condition, financially, as could be desired, This is owing to the many heavy demands made on its funds for repairs and_altera consequent on moving into new premises. The moneys paid to carpenters, &c., amounts to $343.17, and in addition one or two hea bills have been paid for like purposes this month, all of which unfortunately will be an entire loss on leaving these premises, A considerable outlay for furniture had also to be met, amounting to $447.21. The actual amount expended over receipts is $241.82, viz., $113.67. overdrawn from former treasurer, and the remainder borrowed. The receipts irom the boarding department of the Hall have been steadily increasing, reaching The in this department for the six $750 last month, against $545.50 in May. months is $655.63. In addition to the deficit shown in the accompanying statement, the Society is responsible for the followin amounts:—One billiard table, Tle, 250, wit intereat at 1 per cent " month from August last. One piano, Tis, 140, to. be paid by instalments of Tls. 25 per month. Gas Comrany's bill for fixings and labor for the whole louse, $219.13. Manager's salary, $384. In all, the Society's responsibilities amount to $1,331.95. It is proposed to meet this deficiency by, Ist, The proceeds from the winter lectures, which it is hoped will amount to $500. 9nd, The profits from the Hall. 3rd, Private donations. Herewith is appended a list of the furniture, &c., owned by the Society, which amounts, at the low val placed on all, to the sum of $3,000. In adi ion to undertaken to Keep opens branch ball in ying the above amount, the Society has
Hongkew, which is an additional drain on the funds of the Society of about $30 per month and while there can be but one opinion as to the good effected among the sailors visiting th port by the Hongkew branch, it is no lo certain that some special means must be taken to meet this outlay, perhaps by a subscription of $1 per. month from thoee specially interested in that branch of the work. In conclusion, the experience of the past six months has further proved that the institu-tien is self-supporting, that it performs work much needed in Shanghai, without in any ith trenching on private interests; and that the blessing of God its beneficial influences and surroundings will continue to increase in ever widening circles till it reaches all who are in need of its support and aid in withstanding temptation, A. Gorpox, Bony. Secy. & Treas.
Text read from the printed page and cleaned; old type leaves the occasional error.