The Directors beg to present to the share holders the Accounts for the year ending 31st 00 rent, after providing for insarancs, comumis-'The net it on wi and godown
sion, Directors' and Auditor's fees is The The Directors draw your attention to the fact that the guaranteed dividend of 275 preference shares ceased on lst December, 1890.
The Accounts for 1890 show a substantial increase in the earnings of the Company over that of the previous year, and your Directors look forward with confidence to a continued improvement in the business of the Company. credit 253. iding relat Tx 6.35877 eter providing for the guaranteed dividend of 7% on preference shares, say Tls. 1,925.
The Directors have declared a dividend of 3% (Tla.'3 per share) which will absorb Tls. 6,075 of the balance brought forward, payable Qlet February. together with the guaranteed dividend on the preference shares."
Balance of Profit and Loss Account 6,253.77
Taels...... 257,433.30
Or. Ts. Real Estate and Fittings Balance as per Balance Sheet, 31st December, 1889. 245,182.78 Additions in 1890"... nil 245,182.78 Steam-launch Ripple 4,000.00 Un fire insurance policies... '184.61 Balance of outstanding accounts... 4,529.14 Agents 3,536.77
Text read from the printed page and cleaned; old type leaves the occasional error.