The first annual meeting of the Selangor Tin Mining Company of Shanghai was held on Friday afternoon in the offices of the Perak Tin Mining Company, 3, Nanking Road, Mr. W. V. Drummond (Chairman) presided, and there were prosont Messrs, WW. S, Wetmore, R, Francis, Adam Lind, E. 0. Arbuthnot and 0. D. Kerr, Directors and Messrs. 4. Burman Z. B. Drage, H.
Joseph, B. J. Hogg and T. Latham, representing in all 1,816shares, and 428 votes.
he following report and accounts wore submitted The Directors have now the pleasure of submitting their first report to the Sharoholder The Company was formed in August, 1882, for the purpose of acquiring and working a concession of ove the la four blocks of 250 a Selangor in the Mal 8 by His Highness the Sultan of Sslangor to Mr. W.. V. Drummond on the 22nd April 1882, with the i proval of His Exoelleney Sir Fre Governor of the Si H.B.M.'e Resident in Selavgor, The concousion gives full wining rights, on specially favorable conditions.
Phe first efforts of the Directors were devoteil to prospecting and examining the Sta of Selangor, for the purpose of selecting the mad to which the Company are entitled under the concession, Ture years are allowed from the date of the concession, in which to make the final selections, and in doing this, not only has the stanniferous value of the land to be considered, but its nation with reference to existing or prov jected thoroughfares Government has in contemplation material extensions, and improvements in its of roads, the Directors deemed it na to be hi in completing their aolectious. Great are being taken to secure that exch block is thoroughly tested, and proved by borings to contain good and continuous deposits of tin ore, before definite selections are made, ne block only as thus far been definitely taken, This is known as "Ulu Kryon" or Sungei Puteh" and is south of, and ad, the famous Ampaug mine, which eons ed the finest in the State, Ca the south of the property are other workings which are being sucosss(uily carried on by The trial borings have yielded very tory results, and there is every ranson to Voliove that the first block selected will prove equal in value to the Ampang mino itself, Specimens of ore, obtained from the Com-land, have just boon received from 1 Manager, and can be seen at the office The Manager has also forwarded sp 8 of ore from the Ampang me, which appear to be identical in quality there from the Comyany's Innd, and to show conclusively that the same through both properties.
goi Patch block is situated about 5 of Gow vernment, to which place there is a good car-road, The block comprises the full area acres authorized by the concession. A plan of this property is now being lithographed, and a copy will be sent to each shareholder prior to the General Meeting which will be held on the 23: h instant, plan will show the position of each of the borings, and the spot where the machinery is being erected.
Another Hock on the Kamunong river is i 18, and the result of the borings tin strata baya met, that the Company's manager thinks it probable that tin may be obtained from this Innd earlier even than from Puteh; though, as six m-nths n allowed by the Government for he has deemed it expedient not to Company by a final selection until the value of the site la: rly demo trated by the actual which a ow in progress. In all probability Kamuuong block will be taken definitely, and in that case there will then remain two more blocks, of 2: each, to be selected, Prospectiug operations will be carried on until the whole of the four blocks, making up the 1,000 acres, nave been finally' selected,
Text read from the printed page and cleaned; old type leaves the occasional error.