Saiditions ding the goat 34
Lewmritteno fr Depreciation, "78-4 elf fr ion, erection, 20000 Cly Fire Tomarance:—S90 month snexpred 218.80 By Stocks on band:
Goal, ar, "Purifying" Satori hobs lu ors veesnen 2562552 jas Bugines, Gas Cooking Burners. nee LATH 85 Stoves and improved. Yess written off" for Depreciation 475.95 sandy Dover but ther aot coclielahourpreviously used, and was returned mploymont, i tion of gas has eon about 44 per cent., which may be cor sidered satisfactory when it is remembered how generally the Settlement was already supplied.
ven swith the preterit demand, the storage room is not more than adequate; and at no very distant period it will become necessary to erect another gas holder. Under the circumstances the Directors considered it prudent to secure a piece of land of about four. mows with a frontage on the Sooshow wear of, and adjoining the Company's property, which they purchased for 500. we used, interest to shat dere, will be found below in the engineer's report.
The Directors retire from office, but a eligible and offer themselves for re-election Mr, 0, Beandt offers himself for i as auditor.
Jous G. Puapox, Chairman.
Shanghai, 25th March, 1981.
Summary of Bugineer's Fortnightly Reports to the Directors during the year 1880.
Lap.—214 foot of the North Bund has had to be renewed during the year 7 Burpinc.—All the Buildings are in good order, Worxs' Bras: All the machinery and apparatus are in good order with the ence the purifying plant. Two uew cast-iron purifiers will be needed in 1881 to replace present wrought iron on ous; and an additional purifier Auditor's Fees To Balance, being Prest on Working Account. 42,398.32
The. 79,022.98 By Amount of Charges for Gas, ete.:—Foreigners and Public Lamps... 69,902.99 Native. eeeseee eons 18,551.66
54.65
Text read from the printed page and cleaned; old type leaves the occasional error.