At the Meeting of the Council, held in the Council Room, 17, Kiangse Road, Shanghai, on Monday, the 13th August, 1877, at $ o'clock a.xt.
Present—Messrs. E. H. Lavers, Vice-Chairman, in the chair, G.'J. W. Cowie, P. G, Hitbbe, E. G. Low, A. McLeod, and the Secretary.
The Minutes of the previous mesting are read and confirmed, and passed for publication.
Cash Statement for week ending 11th inst. is submitted for inspection, and cheques for sundry accounts are signed.
Financial Statement is submitted, showing that in the event of shipments of silk to Slst December next falling short of the estimate, all the works provided for in the et cannot be carried out, without creat ting a deficit at the end of the year. The forks Committee are requested to report whether any of the works can be judiciously deferred till next year.
Pontoons.—Tenders for a new iron Pontoon are considered, but acceptance of any one deferred ponding receipt of report from Works Committee aa to postponing other works.
Text read from the printed page and cleaned; old type leaves the occasional error.