The annual general meeting of this com-
hanghai Medical Hall, Mr. Alex. McLeod was held Yesterday afternoon in the presiding. There were present, Messrs. A. Alln, D. Hay, H. J, Limby, N. Macleod, '.p., Reynell, F. W. Such, and C. W. Wrightson (Secretary), representing 347 shares.
'The Chairman, in moving the adoption of the report and accounts, after the notice convening the meeting had been read by the Secretary, said—The Directors' report and accounts for the past year have deen in your hands for the time called for in the Articles of Association, and I think we may as usual dispense with the formality of reading them. Although we are not able to say that the accounts are altogether satisfactory, they do undoubtedly show a great improvement on those presented to you at the same time last year. You will See that we have considerably reduced the expenses of running the business. Whereas they last year amounted to $19,360 this year they are only $16,850, a saving of 3 $2,500, and it is satisfactory to note that every item shows some reduction. Advertising, stationary, ete. show a decrease of $750 from last year; in the salaries of
Text read from the printed page and cleaned; old type leaves the occasional error.