Directors are hi praised for' ra. valuing their property at its up-to-date worth ($549,000 more, in ronnd numbers, than the books showed). It is said this is the first time it has been done in the Colony, and other companies, particularly those holding land bought' in the old days, are being urged to go and do like-The idea of the Hotel Directors was that on their old valuation, their profits mast seem enormous, and their charges come under the suspicion of being oxtortionate. I must say they know how to charge; but there are others who give less and demand more, The Typhoon which to have done much damage at your end iwas of no importance here, The newspapers had to be satisfied with-word-paintings of the waves in the har-hour. Water is usually rather wavey in a typhoon; but barring a couple of sunken junks, and the temporary suspension of the Kowloon ferries, there was nothing serious about our share of it,
Text read from the printed page and cleaned; old type leaves the occasional error.