CORPORATION, half-yearly meeting ors was held in Hongkong on the Lith inst The Hon. R. Shewan, chairman, presided, and there a large ate rebolders. the Chairman, said—Gentlemen, I eon tulare you on the fine position which the report I have just read shows the 'o be in, and on the results of the months' work, which allow of the jond of £1 10) and a bonus of and also of $750,000 being the reserve fund. At our last ceting. in August, I pointed out that, at the then rate of exchange of 183, it took about $110,000 more to pay the same dividend than it did six months previous I. and to do so now, at the present rate of 1/7, requires $110,000 further, besides fa relative increase of dollars to pay the we are now 2,021 052.64 lis of dollars more whil now stronger market ha matter of buch difficul anxiety. has been a hi and to show our ner in which the by our managers, agents, and staff genet Ie. we have had pleasure in voting them a Bonus on their salaries of 10 per cent, which Tam convinced will approval. (Applanse.) Comparing present report with that of 80th Jun wi re an increase in deposi in gold to reduc liabilities under the of bills Jo, which are som fourteen million dollars less; on the other side bills dix counted. loans and credits are million shi her, and bills receivable hav: 1 no marked items calling the past hi roe effected a sale in London, in con-motion with Messrs. Baring Bros, and
Text read from the printed page and cleaned; old type leaves the occasional error.