Photo by like "every man for himself and" the devil take the hindmost."
The Accounts With regard to the accounts, land and buildings being B.C. Lote Nos. 6103 and 8079 still stand in our books at $930,000.00 as against the assessment committees valuation of $597,602.78 and B.C, Lot No. 925 occupied by Messrs, Dombey & Son stands at $55,172.42 against the assessed value of $103,953.43. With regard to this latter lot I may mention that your directors have practic. ally disposed of it. Conditions of purchase have been agreed upon and all that now remains to complete the sale is the signing of the several documents relating to the terms of the Furniture, fixture machinery is valued than last year being $26,555.16 as against $27,122.48, Stocks which have been most care~ fully checked stand at. $553,157.80 against $607,523.67 in the preious year or a reduction of $54,805.87.
Bank overdraft is $506,184.10 avi Increase of $24,606.43 over the previous year; at date however, exclusive of the quarterly interest, the approximate amount of the overdraft $858,000.00.
Sundry debtors stand at $210,249. 59 as against $177,377.08 in our last accounts. 'The ery is "no money' but judged by the numerous pleasure. resorts in Shanghai which are ported to have "eapactty hous nightly there is no lack of money in this city.
Text read from the printed page and cleaned; old type leaves the occasional error.