On the motion of Capt. Croal it was agreed that pending the decision of the RA. relating to the method of measuring the sail area, that the 24 rating boats of this club be measured in accordance with the Y. R. A. rules of 1891, no alteration to be made without being passed at general meeting. A cordial vote of thanks to Capt. J.P. Roberts for the trouble he lind taken his post of official measurer to the Club brought the proceedings to a close, Rerort.
The past season has in many ways been a noteworthy one in the annals of the Shanghai Yacht Club: in the first place we have lost two of our oldest members, namely, Mr. E.
Low, who has left Shanghui for good, and Mr. E. W. Rice whom we laid in the Cemeard cat yachtsmen and'leavo the tery only two weeks ago to-day.
Both were greater gap in our list for that reason.
In the second place, owing chiefly to the financial crisis through' which Shavghai has been passing lately, the races for the large yachts have had to be abandoned for the time being, only three races having come off during the' past season as against 11 in the season of [891, 8 in 1890, 4 in 1889, and 18 in 1888, on which account Mr. Schmacker resigned and his example has since been followed by three other members, But every cloud has its bright side if one can only sce it, I am glad to say that the new 24 rating close which was started only this year has so far been a decided success. No less than 19 races were brought off during the season and we have now five 24 raters ready to race "but all's blue" durin, the coming season, to which T am glad to say another will be shortly added (in another three weeks I hope) built and owned by our genial Hon. Treasurer, to whom much of the success of the suid class is due. And the cost of building and keeping up a 2% rater is so small, and the amount of healthful amusement to be got out. of her #0 lange that I. hope ere long we shall see really good fleet of yachts of this class on Whangpoo, and Phope that more of the ters will take out their friends as much as possible, so that they may seo that what they are so fond of calling the small bouts are not in reality either small or to be despised, and also induce them to join the Club as non-owning members for which only $5 sub. is collected. Weare sadly in want of a few more ceted. WW ly in want of a ''non-owning" as our sub. list is going down ill, Acvousts, Tue Suasouar Yacur uve, In account with the Hon. Treasurer for Season 1892, To Shanghai Mercury...
Sampan-man Yuen Fal Shroff collecting Subscription 10.00 Prizes—Large Yachts, 3 Rac 60.00 Raters, 18, 44.00 Balance—In Bank - 198.96 Less—Due Hon. Treasurer, 2.35.——196.61
$507.96
Or. 8 By Balance from 1891 192.11 3" Subscriptions 8 Owners at 810...
6 24 Raters 26 Non-owners at $3 130.00——285.00 Entrance Fees—Large Yachts 24.00 Tuterest... 6.85
3507.96
By Balance in hand
Text read from the printed page and cleaned; old type leaves the occasional error.