COMMERCIAL.

Lyttelton Times, Volume LXVI, Issue 8034, 6 December 1886, Page 4

COMMERCIAL.

Lyttelton Times Office. Saturday Evening. PROPERTY SALES. Mr E. G. faTAVELET, on behalf of the New Zealand Loan and Mercantile Agency Company, Limited, offered on Saturday, at Mr Charles Clark’s anction room, a residence in Blfgh’s road, the property of Mr Isaac Wilson ; some laud at Ballington, the property of Mr George Lloyd ; and Dr Doyle’s farms at Kirwee and Tol Tapu. Notwithstanding his eloquent panegyric on the various properties, he could not get any bid over the reserve, and the properties were unsold. Probably sales may be effected privately. Messrs H, Matson and Co. held a property sale On Baturday. Mr J. T. Matson acted as auction- er. The lease ot file Whiteclitfs coal mine property, 3u3 acres of laud, with twentv-six years to run, was sold for £2lO to Mr H. Marks. A town lot in Lichfield street, near Barrett’s Hotel, having 53tt frontage, with a depth of 80ft, was sold to Mr H. Marks for £9 5s per foot frontage. A small section In Dewsbury lane, Sydenham, containing 22 perches, with two cottages, was purchased by Mr O. His sous for £95. CHRISTCHURCH WOOL SALES. The New Zealand Loan and Mercantile Agency Company, Limited, report as follows Our second sale of the season was held on Baturday afternoon, in the presence of a large attendance of buyers and numerous vendors interested in the proceedings. We catalogued 1587 bales (all in store) and succeeded in placing 1135 bales at prices on a level with thoa*current at the auction sales of the previous day, but scarcely on a par with those ruling at our opening sale on Nov. 6. An analysis of the priced catalogue given below shows the following range of valuesGreasv half-bred, s}d to 93d; greasy cross-bred, 5d to9jd; greasy merino, SJd to 83d; greasy pieces, 3id to 6jd; greasy locks. Id to 4d; greasy longwool, 6.jd to 73d ; scoured half-bred, 93d to 16d ; scoured cross-bred, 5Jd to 163 d; scoured merino, lOd to 173 d; scoured pieces, S-| i to 9(d: scoured locks, Bd. KZ, half-bred, 2 bales at GJd. EC over S, crossbred, part merino, 1 at Cjd. JG, in triad, lat 63d, JB conjoined, merino, part crossbred, lat 73d i half-bred, 1 at 7Jd (J L, half-bred, X at 7Jd. J over L, half-bred, 1 at 7»d ; fleece, 1 at Gill. MOIE, mixed fleece, 1 at 6id. WH, fleece, I at 63d. WA conjoined, pieces, 1 at 3Jd. JB, cross-bred, 4 at Bd. K/A, half-bred, S at 73d. W over GG, merino, 2 at 7id. G over B, cross-bred, 2 at 73d. HHL conjoined. half bred, 2 at 73d- 8 i in square, half-bred, 6 at 7Jd. S 9, mixed, 1 at Gjd; pieces, lat 3Jd HX, half-bred, 4 at 81- —> over WG, half-bred, 3 at 8d; merino, 2 at 7d, H over J, cross-bred, 6 at 83d. EW. half-bred, 2 at 73d. JM conjoined, merino, 4 at 7Jd: locks and pieces, lat Sid. 2/2. cross-bred, 5 at 7-}d, CML conjoined, cross-bred, 4 at 7id. EM, cross-bred, 6 at 7d. 3M, cross-bred, 2 at 83d. AB, cross-bred, 2 atßd. JH, conjoined, half-bred, 3 at Sd ; pieces, 1 at 43d. EC, half-bred and part cross-bred, 16 at 83d; pieces, part black, 1 at 4jd ; cross-bred, part merino, 1 at 7d; bellies, 1 at 51d; pieces, part locks, 1 at 4d. MW, half bred, 3J at 7}d. BQ, half-bred, 4 at fid; cross-bred, 8 at 73d. O/A, half-bred hogget, 7 at Bd. JE, conjoined, half-bred hogget, 1 at 83d; merino, 1 at 7id. J-. half-bred, 3, three-quarter-bred, 2, cross-bred 4-9 At 6 d. J., merino, 1 at 7id ; locks and pieces, X at

3(3. Lin heart, half-bred, lat 6sd.; part fleecaand dead wool, 1 i t 1 over X, half-bred, I at 7id ; cross-bred, lat 6fcd. OT, dead wool and pieces, i at 3Jd; greasy half-bred hogget, 4 at Bd* 181, greasy half-bred, 4 at CB, merino, 2 at 3fcd; j ieces, at 4d H 3, pieces, i at 3:(d; cross-bred, 4at Did* PC, half-bred, 6at 7|d; crossbred, 2 at Hd • bellies, 1 at 4Jd. SS, enjoined, half-bred, 5 at 7Sd. V over V, 1 incoln, 1 at t>id. V2, half-bred, 7atßid; cross-bred, 4at BJcl • locks and pieces, 1 ftt.2£d. PW, conjoined, halfbred, 1 at B|d; oi oss-bred, 1 at BJd. J through C, half-bred hoggets, 2 at BJdj cross-bred, 3 at Bid. I) Z, half-bred, 2 at B*l, HG, conjoined, halfbreds, 3atßd; Lincoln, 4at 7£d ; scoured second half-bred, part pieces, X at B|d.; cross-bred nieces, 2 at 82d. D over D, greasy cross-bread hoggets, 2at 6d; merino, latGfcd, R K !•, halfbred, 21 at B|d ; cross-bred, 16 at 8d ; locks, 2at 2fd : dead--wool, lat 7d. X, greasy cro?s-bred, \at 6|d. J P W over hdf-bred, 7 at 9}d. MB, ocks, 2at2)d. 8 0, line half-bred, 3 at BJd; half-bred, 2 at bid; cross-bred, Hat 7 r «d; W 6, merino, 4at 6sd. OY, half-bred, 3at 7#d; merino. 4at 7id. u. Mover 4M, merino,4 at 74d; half-bred, 6 at B|d; locks, 1 at Si id. A under —, pieces, lat 4d; memo, lat 7d; half-bred, 4at 8d; three-quarter bred, 6at7d ; first pieces, 2at SH; locks aid pieces, 1 at 2£d» 9 D, merino, 7at 7|d; 9D, merino, lat 7d; bellies, .4 at sd; b cks, 3at 2£d. TJK, half-bred, .15 at B}d; half-bred pieces, 2 at 4H CO over. 7, cross-bred, lat 7d. JOoverA, cross-bred ewes, 2at 7*l- r PP conjoined, fine half-b*-ed, 4at7id; half-b r ed, 6at.7£d; cross-bred, 3 at 7|d ; cross-bred, 2at 6fd ; merino, 2at 6!d; Lincoln, lat6&d; locks,.l at 2d. HS. cross-bred, 2 at 7d. A in circle, half-bred, 2at 7£d. DK. conjoined, halfbred, 6at 7sd. IPf, half-bre ,7 at B*Jd ; cross-bred, 2at 7{jd. J 7. half-bred, lac7ld; merino, 6at 7£d. (iG over fc. with bar between, dead wool, I at bid; half-bred, 6at Bd. EB, cross-bred, 33 at Bid; crossbred, 1 at merino, I at 7d.; bellies, 3 at 4£d* 03 over bar, cross-bred, Sat 7-fcd; balf-bred, 1 at 7d. d, hxlf-bred, 3at 7*d; cross-bred ewes, 4at , 7*d ; pieces (part black), 1 JII, half-bred bellies, lat 4?d; cross-bred, 11 at7«d* H, halfbred hoggets, 13 at 85d; cross-bred hoggets, 6 at Bid ; cross bred, 2at S^d; cross-bred pieces. 6at s<d. py, pieces and locks, lat 3d. 3H, greasy half-bred, 4at Bd. M 4, quarter-bred, 3at B%d ; quarter-bred hogget, 2at BJd ; pieces, iat 3£d. VU, half-bred hogget. 3at Bfd. “B, cross-bred ewes, 3at 7id; half-ured hogget, 3at.7£d. It over M, .pieces, 1 at 4|d. half-bred hogget, 4 at BJd.; cross-bred, 5 at 7|d ; moiino ewes, 3at 6<d. KG over bar, quar-ter-bred, 3at 72d; half-bred, 2at at 7bd; fleece, part pieces, lat 4&d* ’iwo Ts crossed, cross-bred, 2 at b£d; quarter-bred pieces, 8 at 6£d; half-bred pieces, 6 at pid, AA. half bred, 3 at B*d; three-quarter-bred, 3 at 7id. WP conjoined, half-bred, 3at Bjd. Dot in two triangles, pieces, 2at 4Jd. NZL, half-bred, 2 at 7d. TftJ, merino, 1 at6|d; half-bred, 2at 7fcd. M—R, cross-bred ewes, 3 at 7*d ; half-bred hogget, lat 7|d. 28, merino, 1 at ; half-bred, 4at Bd, HB, cross-bred, 6 at 7»d‘; half-bred, 2at 7|d; Lincoln, 1 at 6|d. w over cube, halfbred hngget, 5 at Bid; half bred, 31 at Bid; half-bred, 3 at ssd; mixed fleeces, 1 at pieces, 4 at 6d; locks, H at 2d. GEEENHAM BARTON, half-bred. Satßd; cross-bred, 2 at 7sd; fleece, p*rt pieces, 1 at 7d. JSW, locks, 1 at l*d: quarter-bred, 9 at ,7£d; cross-bred, 1 at W over c» half-bred,. 9at Sid ; cross-bred, 13 at 7»d; cross-bred Southdown. 4 at ; pieces, part black, lat 3|d. O over H, half-bred, 4at 7sd; cross-bred, 3at 7|d; half-bred, 2at 7.id; merino, part quarterbred, latSld; pieces, 2at sd; locks, lat 2£d; halfbred. 1 at 6£d. I>L> MF conjoined, quarter-bred, 9 at Bsd; piecei l , 1 at 6ld; locks, 2 at 23d. Fin triangle, hulf-bred, 6 at t?i<L J/B, half-bred, 2at 6|d. WW, Lincoln, lattU- Tk conjoined, bellies, 1 at 4id; 7at bid- T> over T, cross-bred, 2at J 3, merino, 1 at 6?d. W/0, Leicester, Sat 6sd. 2:, crosa-bied, sat 7id. JS conjoined, crossbred, Ba*7£d. O over with ponder, half-bred, 9at B|d; cross-bred, 8 at BSd; merino. 3 at Sid; locks and pieces, 3at 3d. oJ, half-bred ewes, 3at 7sd ; cross-brei hoggets, 1 at 7|d ; long-wool ewes, 2 at 7d. 02 over if, cro-s-bred hoggets, 6 at 7id. TJ conjoined, merino, 5 at B£d; half-bred, part orosH-bred, 1 at 6|d; pieces, part fleece, 1 at 3£d. Z 6, half-bred, 7at 7id. Crown, half-bred, 8 at 75 J ; merino, 8 at 7|d. G over J, fine half-bred, hoggets, 15 at 9d ; half-bred ewes, 11 at 9d; merino, 1 ac 7id; half-bre j wethers, 6 at 75d ; pieces, 3 at sd. K, fiu- half-bredhoggets, 17 at 85-d; half-bred, 12 at B£d; half-bred hoggets, 2at crose-bred, 4at Bi<i ; merino, sat Bd. C A conjoined, merino, 1 at 7u ; mixed fleece, 1 at 7d- over L, crossbred, 2.0 at B|d; fine cross-bred, 4at 8d; cross-bred, 3 at 7ld ; 3rd combing cross-bred, 1 at 6jd ; Down cross and merino, 1 at7£d; pieces bid; cross-bred lochs, 3 at l£d. GREEN HAM BARTON, tine cross-bred, 3 at 8d ; cross-bred, 4 at td; cross-bred, first pieces, 2 at 6sd; locks, 1 at 4d. L, merino, 1 at Cid. SB, merino, 1 at 6id, over He* conjoined, half-bred hoggets, 3 at 8d ; merino, lat 6id ; pieces, part fleece, I at4d. WT, mixed fleece, lat 7d. EB W, washed merino, 2at 10d; half-bred, 5 at 9£d; elipe, half-bred, 9 at aO.id; washed cross-bred, 6 at Bd. W VV, Lincoln, part stained pieces, 1 at 7»d; cross-bred locks, part stained pieces, 6 at Bd. A, super combing merino hogget fleece, 7at 17fcd. B, super combing merino fleece, 17 at 17»d, U, super combing quarter-bred fleece, 31 at D, superfine combing half-bred fleece, 23 at 16d, E, super combing cross-bred fleece a, 10 at 14 i. EE, combing half-bred .fleece, Hat Ud. G, super combing cross-bred fleece c, 7at llsd. R, cross-bred pieces, 6 at 94d. S, cross-bred pieces, 5 at 82d, LLL, crossbred \ ieces, 3at Bi. O, fine cross-bred, 12 at o|d L', fine cross-bred, 4 at 53d. RS, greasy pieces, 1 at43d ; half bred, 5 at 7-Id; merino, 1 at Cid ; merino, part half-bred, lat 6£d. CM, merino, lat 6£d. RBconjoinsd in circle, ha'f-bred hogget, sat B,d; merino, 3at 75d; jieces, 1 at sd. pieces, part dead wool, 1 at iid ; cross-bred, part merino, 1 at 7d ; merino, Cat Bid, 4\V, half-bred, 1 at7»d; crobsbred, part merino,! at7bd. JB conjouiel, halfbred hoggets, 5 at 7|d ; merino, 3 nt 7Jd. T between half-bred, sat 7|d; merino, £at oid. O, half-bred 1, cross-bred I—2 at 7id. JM, merino, 3at 73 d, M over W, half-bred, 3at 7 *d,

The New Zealand Farmebs’ Co-operative Association ov Cakteredrt, Limited (Mi F. C. Tabart, auctioneer;, report as follows:—At our first wool sale this season, h«ld on Saturday last, we catalogued 6»3 bales, wi.h the following results: —EILESMEEE n.Z., washed .(1 bale first combing quarter-bred alipe, 1 first clothing merino) —2 bales at 83d; washed half-bred and merino, 1 at 83. FO, greasy cross-bred, 1 at 7d. AN, greasy half-bred ewe and hogget, 1 at 7td. 7F, greasy half-bred and merino, 1 passed. B in red, greasy half-bred hogget, 2 at BJd; greasy half-bred and merino, 1 at 7d. EF, greasy cross-bred, 2 passed ; greasy mixed and fleece, I at 63d, JM conjoined, greasy half-bred, 4 ba es and 1 fndve at 7id. BE, greasy half-bred, 1 bale at 9id; greasy long wool, 2 atSJd. C 7, greasy long wool, 1 at Bid. B, greasy cross-bred (E 6 n i), 10 passed; greasy locks and pieces, 1 at l}d. BAITFO, greasv cross-bred, 5 bales hoggets, 11 at 73d ; greasy cross-bred pieces, 2 boles and 1 bag at 4Jd. HT, greasy half-bred (E 5 H 4), 9 bales at 8d; greasy long wool (E B H 7), 13 passed; greasy merino ewes, 1 at 6jd ; greasy locks and pieces. 1 at 2|d. 8 8 CHEETSEY, greasy first cross, (E 2, H 9), 11 at sjd; greasy first cross 8. Down, 3 at BJd ; greasy m&nno ewes, 3 at B|d ; greasy Leicester, 1 at 6£d ; greasy belider, 1 at o|d; greasy looks, I at Hid. Pistol, greasy first cross (11 bales H), 20 at BJd. DD in square, greasy locks and pieces, 1 at 2id. C 5, greasy first cross (E 11, H 13), 24 at 8(d; second cross (1 bale part first cross), 2 at 7|d ; greasy merino, 3 at 7i l; greasy pieces, 2 at sid; greasy locks, 2 at aid. JG conjoined, greasy cross-bred, 12, passed ; greasy half-bred, 13, passe i; greasy locks, 1 at 3d. H in half-circle, greasy half-bred (E t>, H 5), 11 at 9fd; greasy bellies, I bale ibagatSfd. Plot over W over J, greasy cross-bred (E 6, W 3, H 7), 16 bales at BJd ; greasy fleeces and a few pieces, 1 at 53. HE conjoined, greasy half-bred hoggets, 23 at 73d; greasy half-bred dead wool, 1 at4d; greasy looks and pieces, 1 halo, passed. E in red, greasy first cross, 3 at tjd; greasy first cross and merino, 1 at 7d ; grea>y merino, I at 7d. a. H, greasy crossbred, 13 at Bjd ; greasy merino, 3 at 73d; greasy belly pieces, 2 at Sid; greasy locks, 1 at lid. SB, greasy cross-breds (E 2, H 2), 4 at 75d; greasy cross-breds and merino, 1 at 6Jd. f on II in red, greasv cross-bred, 2 at 73d. 8 8, greasy half-bred. 5 at 81 i ; greasy merino, 1 at 7id. 1 UYU, greasy oross-brau, 4 at 7id; greasy cross-bred and merino. 1 at 63d; greasy fleeces, pieces, bodies and locks, 1 at 3d. 76 in square, greasy first-cross, 5 at tjd; greasy merino, 2 at 7-ld. S over bar, greasy half-bred, 4, passed; greasy bellies and black fleece, I at 4d. WK. greasy half-bred, 6 at 7Jd. 48, greasy first cross, 3 at bjd ; gr.aey cross-bred, 1 at 7id. 51 conjoined in red, greasy half-bred, 6 passed ; greasy pieces, i at 4id. V over B, greasy cross-bred, 4, passed. A WHITE over *, greasy merino ewes, 3 at 7id. TMO conjoined, greasy fribs, 3 at Id; greasy cotty fleece, i at 5d ; scoured moiety fleeces, 2, passed. El) conjoined, greasy cotty fleeces. 1 at 5:1. W, greasy cross-bred, I a"; 7id. P 8 OXPuED, greasy halfbred (E 5 and W 4), 9 at 9Jd; greasy quarter-bred hogget. 2at Bid; greasy cross bred, lat 73d; greasy locks, 1 at 2}d. ir'X, greasy half-bred (E 3, W 5), 8 at B>d; greasy extra half-bred, 13 at 8d; greasy half-bred ewes and pieces and rams, lat ££d; greasy half-bred pieces, 4 at 5Jd; greasy locks, 1 at lid. GW, greasy hall-bred (12 merino fleeces in hale ho. B),Batß}d ; greasy pieces, Intend; greasy pieces and locks, and 5 oros -bred fleeces.l uts sd. Be, sou j oined, greasy first cross E 9 ft Hl2, 21 bales, second cross H, 11 bales—32 at 91d ; greasy cross-bred ewes (1 hade part first, 9, pa-sed; greasy Leicester ewes, 2, passed; greasy dead wool, 1, not in; greasy pieces, 5, not in; greasy locks, 1, not in). ZZ over Twin red, greasy half-bred, 10 at 8d ; greasy quarterbred, 3, passe - !. JW conjoined, greasy cross-bred, 3, paised; greasy iongwool, 5 passed. OJ conjoined, greasy cross-bred hogget, 2 at 73d. H P over T, greasy longwool, 2 at 7d ; greasy crossbred, 1 at Bd. B & T, greasy first-cross and longwool, 1 at 73d; greasy first-cross and merino, 1 at 7id. AH, greasy first-cross, 2 at 8 jd; greasy crossbred (1 hale H) 3 at BJd. H 5, greasy first cross, 7 at 7Jd. IC, greasy half-bred (E 5, H 3), 8 at 73d; greisy iongwool and dead wool, 1 at 63 d; greasy cro sbred (B 6, H 3), 9 at TSJ. JnO, greasy half-bred ewes, 5, passed; greasy three-quarter-bred hoggets, 8, passed ; greasy skirtings, 1 at 2.jd ; greasy merino ewes, 3, not in. 06, greasy half-bred (3 merino fleeces), 2 at Bjd. Two Eggcups, greasy cross-bred, 2 at BJd; greasy quarter-back, 2 at BJd. BV conjoined, greasy first-cross, 2, passed; greasy half-bred, 3. passed. Lo, greasy half-bred (E2, Hgt 4, E & Hgt 1) 6 at 7 id; greasy bellies, 1 at 5,d. 54, greisyhalf-bred, 3at 6jd. fiUNBUKNHOLME, greasy first-cross (W 7, H 5, E ft H 5), 13 at B id; greasy merino owes, 3 at 63d. Half circle over fl, greasy cross-bred, 1, passed. 05, greasy cross-bred 8 I) hoggets, 1, passed; greasy cross-bred ewes, 1 at 7d. JB, greasy cross-bred, X, passed. Triangle before T, greasy cross-bred (El. H 4), 5, passed. D, greasy half-bred (2 bales hoggets), 4 at Bid; grassy cross-bred, 2, passed. Jill), greasy locks, 1 at 21d; greasy merino and cross-bred fleece and •pieces, 1 at 7id, J over D, greasy first-cross hoggets, 11, passed ; greasy first - cross locks and bellies, 1 at 44; greasy merino, 8 at 7id; greasy merino locks and bellies, 1 at 4Jd. B and H, greasy looks and pieces, 3 at 5d ; greasy matted fleeces, 1 at Sid. DO, greasy cross-bred hoggets, 4. passed ; greasy quarter-back hoggets, 4, passed; greasy merino, 1 at 73d. _ G in Square, greasy cross-bred hoggets, 16, not in. t)B UaBTON , greasy crossbred ewes, 23 at 7 Id ; greasy cross-bred hoggets, 18 at 7id. JAL, greasy half-bred ewes, 4 at 8d; greasy cross-bred (t part half-bred), 5 at 73 d; greasy cross-bred and merino, 1 passed ; greasy bellies and pieces, 1 at fid. EM in Bed, greasy firstcross ewes, 3 at bid ; greasy first-cross hoggets, 6 at Bid ; greasy locks, pieces, and bellies, 1 at 2d.

EJ conjoined, greasy cross-bred (E 4, H 3), 7, passed • greasy cr-ss-brod nnd merino, 1, passed. H 4 greasy cross-bred, 2 at Bid. •1, quarter-back, 3at bid : cross-bred, 3, passed, M, half-bred hogeets 4nt 7d ; cross-bred (E 3, Hi), 5 at 7d ; merino ewes 2, passed, H over T, half-bred, 2, pjssed; longwool, 7d. All hags held over for bag sale.

The National Mortgage and Agency Compant of New Zealand offered on Saturday, at their Addington Wool Stores, the following cataloviie BRa *, cross-bred, lat 7|d. AA, merino and half-brud, mixed, lat 6Sd; merino, lat 7d. Half-circle over A, half-bred, 6at C n d. Two Trowels, merino pieces, lat 6d. Trowel, merino, 4 at7id. CB, cross-bred, sat 7id- Fd, merino, lat 6id; merino and first-cross, mixed, lat 7cl; firstcross ewes, 4 at 7Jd; first-cioss hotrgets, 3 at 7id ; first-cross wethers, 2 at 7jd. Strathclyde, halfbred wethers, 10 at Bd; belly pieces. 1 at 4Jd. MHA conjoined, cross-bred, 4, in nt 'BJd, BX, first-cross, 1 at Bd. Dot over A, cross-bred, 4, passed m at 7.(1; cross-bred, 5, passed in at 7|-d; first cross, 4, passed in at 7Jd. Parallelogram over CrX, first cross hogget, 7at Bd. Parallelogram over GI, first cross, 10 at Bd. Parallelogram over Kl, merino ewes, 10 at 7Jd. Parallelogram over GXI, merino hogget, 2 at 7d. Parallelogram over GI, belly pieces, 1 at sd. M, first cross hogget, 40, first cross wethers, 32—72, passed in at 8-Jd; merino, 2, passed in at 6j|d; cross-bred belly pieces, 7at6d ; locks and pieces, sat 2ld. Triangle K conjoined, half-bred ewes, 4 at 7*d ; half-bred boggec, 3 at 7id; cross-bred ewes, 2 at 7«d; belly pieces, lat mixed cross-bred and pieces, Xat4^d; locks and phees, Intld. GIL, half-bred, S ut7;d ; merino, lat 6d; pieces, 1 fudge at IJd, KX, first cross^ hoggets, 16 at B}d; belly pieces, lat 3)d KI. merino belly pieces, lat 51d. , , over A, pieces, 3 bags at 24d, Trowel, Soutudown, 3 at two trowels, merino, latsd ; locks, 1 at lid. NHA conjoined, crossbred. 1 at 2id; pieces, lat 3d. CANTON INSURANCE OFFICE. Messrs Aclakd, Bahns and Co., agents for the Canton Insurance Office, Limited (Marine), have submitted the following report and balance-sheet, as presented at the fifth ordinary general meeting, held at the offices of tho General Agents, on daturday, Oct. 23, 1886 REPORT. The General Agents and Consulting Committee have now to submit to shareholders the final accounts for the year 1885, and an open statement of the present year’s working to Kept. 30. The net profit on the working account of 1885, after providing for all outstanding claims, is 260,023-81dol. Uut of this sum, 217,023-81dol has been paid for the dividend of 10 per cent to shareholders and bonus of 20 per cent to contributors of premia : the balance of 33,000d0l it is intended to place to the-credit of the reserve fund, raising the reserve to 188,000Jol. . The estimated position of the working account of the present year, after allowing for all known losses and claims, as well as commission and charges, shows a balance at credit of 494,906d0L Consulting Committee.—Under Section 15 of the Articles of Association, five members have to be appointed to serve with the Chairman of the Con* suiting Committee during the ensuing financial year, and the present members, Messrs Eyrie, Dalrymple, 8a?soon, Bottomley and Darby, being eligible, offer themselves for re-election accordUnder Clause 110 of the Articles of Association, Messrs A, Coxon and A. P. MacFwen retire, but being willing to serve, the General Agents and Consulting Committee have pleasure in recommending them for re-eleotion as auditors to the Company. Mr A. Coxon being absent from the Colony, the General Agents and Consulting Committee appointed Mr G. B, Coxon to act on his behalf, STATEMENT OP ACCOUNTS POE THE YBAE ENDING DEC. 31. 1885, Liabilities. Dol. Dol. C. Capital subscribed 2,500,000 Amount paid up SS outstanding dividends 2,205 00 Bonus on contributions not yet collected ... » ••• ••• 581 88 Eeaerve fund 165,000 00 DoL C. Balance of working account 250,023 81 Less dividend of 10 per cent paid to shareholders, and bonus of 20 per cent to contributors of premia 217,023 81 690.786 88 Assets. Cash, on current account, Hongkong and Shanghai Bonking Corporation 4,301 06 Fixed deposita Hongkong nnd Shanghai Banking Corporation ... 175,000 00 Chartered Bank of India, Australia and China 75,000 00 Mortgages ... ... *•* **• 90,000 00 Indian Government stock (4 per cent loan, 1865) 113,162 44 Indian Government stock (4 per cent lan. 1-42-43) 43.767 11 Chinese imperial Government loan, 1681 16,167 29 Chinese Inperial Qovernmeat loon, 18:4 ... 160,000 00 Interest accrued but not yet payable... 13,388 91 690.786 88 WOEKtNG ACCOUNT. Liabilities. Dol. C. To Net) Premia received, less returns and re-insurances 914,907 87 ~ Interest ... ... ... ... ... 54,215 52 ~ Transfer fees *22 00 969,275 39 Assets. By Losses and claims under policies ... 579,114 52 „ Exchange 22.341 62 „ Charges, including survey foes, agents’ expenses, Ac 51,219 45 „ Commissions 66,575 99 ~ Balance as above 250,023 81 969,2*75 39 We have compared the above statements with the books, vouchers and securities, and found the same quite correct. • Coxoe?’’] Anditora - ESTIMATE OP WOEKING ACCOUNT TO THE 30rn SEPT., 1886. Dr Dol. C. To Premium account 780,500 CO ~ Interest account 8,500 00 ~ Exchange account 820 00 „ Transfer foes account 76 00 789.896 00 Or. By Losses account 168,990 00 „ Be-insuranca account 45,300 00 „ Charges account 38,200 00 ~ Commission account 42,500 00 „ i stimated balance at credit ... 494,906 00 789.896 00