Sundries Expenses of Secretary's for presentation at the fifth ordinary meeting few York Conference 1,978.80 to be held at the office of the General Managers Cash in Hongkong & Shan on Friday, the 14th December, 1900, at. 3 p.m. hai Bank, on Treasurer's The General Managers submit a Statement Account of Accounts to the lst October, 1900, showing Cash in Hongkong & Shany Thai Bonk on Depst Ao: the result of twelve months? working to that count 1,113.97 date.
3,306.47 the commencement of the year, demand for Despite the high price of Cotton ruling at Cash in hand at Depét for Curre Expenses 112.09 @ satisfactory basis, and it being evident that yarns was good, and prices gradually rose to Balance owing by. terian Misefon Pre 324,19 short, ample supplies of this staple were Gotten supplies throughout the world were Debentures held... 6,911.19 pure!
In March a further rapid rise took place Mexican $37,036.47 in the price of Cotton, and it became necessary to demand corresponding advances for yarns. By Balance from last a Buyers, however, did not respond to tt count, Cash in Hong-demand, with the inevitable result that stock kong' and Shanghai accumulated rapidly, and at the beginning Bank at credit of Trea-of May it became necessary to curtail produesurer. 4,558.60 tion by discontinuing night work.
Do. Do. Depit 2.2. 13,524.95 Towards the end of May our market was 3 Cosh in hand at Depét "382.65 flooded with heavy stocks of yarns and re-$6,466.20 impor arted supplies of local cotton from Japan, Subscriptions, as periist 10,293.31 while early in June the Boxer disturbance Sales of Books at Mission Press 1,185:
at Depot... 3.793. 3 Do. elsewhere. 4,346. Free grants of Books 1,738.79 Review of the broke out in the North, effectually closing the 98 important markets of Tientsin and Ne 08 chwang, resulting in a decline of nearly 25 Tls. 15 per bale in the value of yarns, and of Tls. 6/7 per picul in the price of Cotton. As a result of these serious fluctuations, the year closes with 2 balance at debit of Profit and Loss A/c of Tls. 118,118.66, which includes Tls. 17,138.58 expended on Repairs and Renewals.
Do. War Of which 8. D. C. K. books alone were $6,251.90.
Text read from the printed page and cleaned; old type leaves the occasional error.
