The Premia earned during the half-year, after deducting Returns and Re-insurances, amounted to Taels 548,803.27, and the ments for Los Claims to 196,945.56, there being a surplus to carry forward from the Working Accotint of Taels 314,287.94. result of the busi Pi Teco The Directors, i intactory
portion of the pro-the Dood pr to apportion the in hand on St December last in the following manner To permanent Reserve Fund... Taels 100,000 jond of Taele 75 per share 5, 75,000 Return to Shareholders, 257, on the net contributory premia 300,000 for 1878 Set aside for future division 50,000 amongst contributors loaving Taels 235,657.56, og ther claims on 1878 Underwri have already been paid amounting 75,207.14, and other known losses may be estimated at Taels 60,000.
"Agencies.—The Agencies at the undermentioned ports having become vacant, the Directors have appointed Messrs, Wallace and Ca, at Bombay, Messrs, Finlay and Ca, at Kaurrachee, and Messrs, Bulloch Bros, and Ca, at Rangoo, as Agents of the Company.
Diredore'—Me. F, i. Boll and. bl, A, McLeod have joined the Court of Directors, Mr. C. L. Grant and Mr. A. G. Wood having ed owing to their temporary absence from Shanghai. The Directors now retire from, office, but offer themselves for re-election.
Auditors.—Messrs, Peter Maclean and Augustus White are recommended for re-election as Auditors for the current year, By order of the Court of Directors, Hersenr S, Morris, Secretary.
Batasce Surer, Sist December, 1878, To Capita, 00.00 0 Capital, paid n 600, Salanee Bt Webi '20th June, 2873 dd amount at Det ing Account, ist December, 1878. 9 160,687.56 North-China Insurance Com] TET, Balance dae)ecsosssseseee
Text read from the printed page and cleaned; old type leaves the occasional error.