Messrs. Janes Srewant, Ep. Covsixs and W, Fisuen.
Mr. Janes Wilson having left the Port in July, Mr. R. A. Cousens was invited to take his place on the Board and to act as Honorary Treasurer. On Mr. Wilson's return to Tientein he begged to be excused from resuming his seat on the Council, as he expected to be leaving again at the close of the river for the winter and he considered that it would be better for all concerned that Mr. R.A. Cousens should continue to represent the votes held by the firm, as the constant changing was very unsatisfactory.
"Air. W. W. Dickinson resigned his position as Chairman, and as a member of the Board in October on account of his leaving for a prolonged period, it therefore became necessary to elect anew Chairman, Mr. Ed. Coasins was unanimously voted to the position of Chairman of the Council, and Mz. D. H. Mackintosh was invited to join the Board in November, and is now a member of the Council.
Auditor:—Mr. E. He} Iwasre-elected auditor on behalf of the Land riters, and has duly audited the accounts up to 31st December, 1805, as now precented. This gentleman having resigned, the Council are of opinion that in future the appointment of auditor should be in the hands of the Land Renters. The Council consider that the matter is of 'A remarkable increase has taken place in the revenue from Jinricshas, Trolleys, Car-ringes, and Hawkers' fees for the year 1895, being '32 per cent more than in the previous year.
'An increase may be noted in the expenditure of 19 per cent, this, however, is principally due to the purchase of Oregon timber for new wharves, some of which is still in hand for use in' their construction during 196, which forms part of the continuous wharl scheme agreed upon in 1893. The new wharves at present constructed have proved themselves of a satisfactory character and well adapted to the increased shipping. A considerable item is also represented by expenditure on defence, which was. of course, an unexpected though necessary outlay, and itis unlikely to occur again, at all events for some years. The Council n handing in their report to the Land-Renters feel satisfied that everything points to increasing prosperity for the financial year 1896. They also note that the increased facilities for bringing export produce from the interior, which may be anticipated on the completion of the new Railway, will, no doubt, benefit the local trade and effect itself upon the growth and prosperity of the British and other Concessions.
Ep. Covstxs, Chairman.
Text read from the printed page and cleaned; old type leaves the occasional error.