1929-01-08 — Page 9

TUESDAY, JANUARY 8, 1929.

Sport Columns

BILLIARDS.

OPEN CHAMPIONSHIP FOR CHINESE

TOURNEY OPENS

A billiards open singles cham- pionship of the Colony, confined to Chinese and conducted under the auspices of the South China Athletic Association, commenced on the evening of the 7th inst. with a match between Chung Chung-nin and Lau Foo-chung, which resulted in an easy win for the former by 600 to 420 points. Chung compiled breaks of 42, 20, 29, 33 and 39 (unfinished), the loser's, best effort being 28.

YACHT CLUB

LADIES' CHAMPIONSHIP, 4TH RACE

13 BOATS TAKE PART

Thirteen boats took part in the fourth race of the season in the Royal Hong Kong Yacht Club's championship for ladies, in the racing classes.

The course of 6.9 miles was from the Club to Channel Rocks (starboard), mark In Quarry Bay (s), Kowloon Rock (port), finish at the Club.

In the Handicaps Class. "Col- leen" and "La Linda" were first and second to complete the course and 'they saved their times on the others.

In the "Combined" class (ie, for One Designs, Gaels and Hey ward Hoys), the rat three boats all retained their places on hand

cap.

In conjunction with the other rapidly growing activities of the Association in the way of outdoor sports, keen attention is also being paid to indoor amusements, and the club has been recently equip ped with two new billiard-tables.

With the present Championship In the tabulated results given tourney in full swing, the Associa-herewith, yachts are set down ac tion's premises in China Buildingcording to the order in which they will be undoubtedly a rendezvous crossed the line (ie., on time ac- for local enthusiasts. All matches commence at 7.30 p.m. and the fix- tually taken). The positions gain ed in the race-for which points ture for the first round is as fol-

are awarded, to be added up for. ...lows:-

the whole season-are stated in Jan.

on 8 Chung Chung-nin v. Tai brackets, these being based

handicap (ie, according to "cor- Hon-nam..

9 Kwak.Cheong.v. Lee Wing-rected" time).

yiu.

10 Yip Ping-lau v. Lum Shiu-

man..

11 Yeung Pak-nin v. Ng Sze-

kwong.

12 Yip Ping-chueri v. Leung

Hon-bor.

13 Sina Chim-gap v. winner of

above.

14 Ng Sze-cheung v. Leung

Boon-gon..

15 Wong Lan-ylu v. Tai King-

hing.

16 Lau Pa-yec v. Leung Kum-

kwong.

DEMPSEY'S GIFT

HANDSOME COFFIN FOR TEX RICKARD

4

Miami, Yesterday. Mr. Tex Rickard's body has been placed in bronze coffin weighing 2,200 pounds, bought by Jack Dempsey at a cost of £3,000, and conveyed to New York for burlat:

It is announced that the Sharkey-Stribling fixture le not affected by Mr. Rickard's death.- Router's American Service.

Handicap Class [Start 8 p.m.)

TIME. Finishing Corrected Colleen (lat) 4.01.24 *3,57,57 3.69.23 4.01.51 La Linda (2nd) Diana (4th)

4.02.26 4.00.57 4.00.15

Dorothea (3rd). 4.03.42

Combined Class [Start 3.05 p.m.] Wings (lat) ...... 4.16.50 Boojum (2nd)

Speedwell (3rd)

Bluenose (5th)

Joan (4th)

Why Wonder? (7th) 4.21.12

Pierretto (8th)

Ailsa (9th) Lala (8th)

4.16.14 4.19.14 421.34 4.19.06 4.29.28

4.22.26 4.28.21 4.82.26

4.14.52 4.15.22`. 4.17.20 4.17.24 4.36.20 4.20.29 4.18.31 4.20.30

TENNIS MATCH

Kowloon Indian Tennis Club, on their own courts on Sunday, lost a "friendly" lawn tennis match to the Mitsui Bussan Kaisha "B" team by 21 games, Scores:-

T..Yamada and M. Kitajima. lost to Feroz Ali & 'M. A.

Khan

beat Firdos Khan & H. Singh beat G. A. Khan & K. Nath

6-6 8-3

7-4

20-13

T. Fujimori & G. Nakamura. beat F. All & M. A. Khan 8-3 beat F. Khan & H. Singh 8-3 beat G. A. Khan & K. Nath 8-3

CRICKET

1

24-9

SOUTH AFRICA INCLUDE. ANOTHER BOWLER

M. Tokchi & S. Fukushima. beat F. All & M. A. Khan... beat F. Khan & H. Singh ... lost to G. A. Khan & H. Nath

6-5 6-5 4-7

Cape Town, Yesterday. The South African Board of Control has decided to include in the team to tour England A. Bell (Western Province), a bowler.- Reuter:

HOCKEY MATCH

At the Marina ground on Sunday, the bachelors of the Kowloon In dian Tennis Club defeated the mar- ried men in a hockey match by four goals to two.

MICHELIN

Tel. C. 2221 Tel. C.-4821,

16-17 Total: M.B.K. 60, K.I.T. 39.

REFEREES' MEETING

The postponed meeting of the Hong Kong Football Referees As- sociation will be held at the Chaplain's Hut, Scandal Point, on Friday next at 6 p.m. Cap- tain A. W. Austin. M.C.,.M.M., R.A., will give a lecture on "The Organi- sation and Administration of Foot- ball."

season

DOG RACING

THE CHINA MAIL,

SIR EDWIN STOCKTON'S

PROTEST

MISUSED CAPITAL

A protest against the aquander- Ing of money in investments on passing tendencies such as dog- racing was made by Sir Edwin Stockton in his address to the Commerce Society, at the London School of Economics.

Sir Edwin's address was entitled "Finance and Luxury," and he dis- cussed the definition of a luxury trade, protesting against the as- sumption of certain Labour-Social- lat speakers that such enterprises as artificial silk production were in the nature of semi-luxuries.

not

MONEY AND SHARES

On London- Bank, Wire

2/-

Bank, on demand ......., 2/- 5/16 Bank, 80 daya' sight. Bank, 4 months' sight 2/- 14 Credits, 4. months

.sight

2/1 1⁄4 Documentary 4 months

alght

2/1 %

12674

On Paris On demand Credits, A months'

sight

On Berlin On demand

On New York--- On demand

Credits, 60 days' sight 50

On Bombay- Wire On demand

On Calcutta- Wire On demand

Reviewing recent statistics in re- gard to investments, Sir Edwin pointed out that in 1926 the aggre- gate of new issues was £258,000,000. much in any There was of the issues to which objection could be taken on the ground that On demand they were luxury issues or over. development undertakings. In 1927 there were signs of a tendency of an entirely different nature. The aggregate of new issues was £315,000,000. There was

certain heavy fall in

. of

TT. on London T.T. on Shanghal

2/0

.78%

Banks

|Hong Kong Bank H.K. London Rog. Chartered Bank Mercantile A. & B. Mercantile C. P.&O. Bank ... Bank of East Asia

Insurances

.$1840 b

.£147% #

.502 b

£84 n

.$14% n

1882

Canton Insurance Union Insurance ...8366 North China Insurance

49%

Yangtze Insurance

China Underwriters

.$86 b

.$605 b b 868 sa ..T160 b M$60 n .$2,408

China Fire Insurance'

.$280 b

1341⁄4

Hong Kong Fire Insurance .8780 n

184

Shipping

134

Douglases

184

87

.$88% n H.K. Steamboats....$29 b 20% s H.K. Tugs & Lighters....$1.40 s Indo-Chinns (Pret.)

.$48 b

Indo-Chinas (Def),

.$80. b

Shell Transports Union Water-boata

116/- n

.$23% b

Mining

Benguets

.$2.40, b

Langkats (Single)

.T61⁄4 n

Shanghai Explorations

.T2.60 n

Shanghai Loans

..T8 b

9.65 26 7/16.

Raubs

.$5 b

Tronoh Mines

.:17/6 n

Docks, Wharves, Godowns, &c.

3% prem Nominal 6% Frem.

H.K. & K-Wharves

.$134 sa

H.K. & W. Docks

..$40 b

.$5 b

.T159 b

On Singapore

On Manila--- unproductive On demand........ 08/

On Shanghai-- On demand ...4... 78% 80 day's sight (private

paper)

On Yokohama---

On demand Gold Leaf, 100 fing

(per taci) Sovereigns

(Bank'a

100%

industrial shares, but nearly nine millions was raised for the art Acial silk industry, 31⁄2 millions for the cinema industry, and two mil lions for greyhound racecourses. buying rate)

While some of the new industrial Silver (per oz.) ventures were sound, the large ma- Bar Silver in Hong

Kong.... jority of the new enterprises which were mainly concerned with the Copper Cash amusement and so-called "luxury" Chinese Copper Cents trades had still to justify them-Rate of Native In-

Gramophone Aelves.

- terest

7% p.2. Chinese Sub. Coin .. 20% dis. largely featured in the list, and so numerous were the new concerns Hong Kong Sub. Coin Par. formed to exploit this fleld that one might almost incline to the view that hitherto it had been grossly neglected.

concerne

The figures for 1928 showed that of 77 new issues täere were.

Artificial silk

18 36 Gramophone and allied.. Film Theatres, clac-talkies 21 Greyhounds

9

| Kailan Mining Ad. ........70/- b Langkats (Combined)...T101⁄21⁄2 n

China Providents Hongkows ... New Engineerings Shanghai Docka

Cotton Mills.

Ewo Cottons

.T51⁄4 n

.T105

.T13.20 b [184/.40 88 T2 8

Oriental Cottons Shanghai Cottons (Old) .T65% b Shanghai Cottons (New) ..782 b

Lands, Hotels & Buildings H.K. & S. Hotels...39.85 b 9.45 e

call the lowest form of material in the simplest and most unassum ing made-up.. article. Political icaders ought to know that the whole tendency of the trade is up- ward, and that if there ware not this upward movement there would be no advance in civilisation at all.

"We are often told that the "Possibly, as these represent only Labour party, whatever bre, the 79 out of 771," said Sir Edwin, eriticisms one may make of it, has "there is no urgent need to be un-always stood for raising the stand- duly alarmed, though I am very far ard of life, and if this means any from saying that all were either thing at all it means that people, necessary for advisable. Still, in always aim at improving the con- one case at least, I think we have ditions under which they live, and H.K. Tramways reached the limit of public issues benefiting by the good things that of greyhound racing issues,"

around them.

Labour and Luxuries Coming to consider what was the correct definition of "luxury," Sir Edwin said that after all, personal gratification was by no means to be denounced if it could be exercised reasonably, and with affording any grounds of complaint by the rest of the community.

"I suppose" he observed, "some people would call luxuries the wearing of the dress clothes or the use of a hot-water bottle in one's bed, or perhaps if you have a fancy for silk pyjamas. But, after all, these are personal gratifications to which no reasonable exception whatever can be taken by anyone, since they can all bo justified from the point of view of the greater comfort and Atness of the indivi- dual. We had better walk warily in attacking what we think to be luxury."

"I sometimes remember,. when 1 see politicians denouncing things which presumably they do not like, of the couple of sentences in "Twelfth Night, which more than anything voice the sentiments of the common man and woman:

Hong Kong Lands Shanghai Lands Humphroys Estates Hong Kong Realties H.K. Territorials

Prince's Buildings

Public Utilities

[9.40 sa ..864 b

.T165 b. .$14.80 b ..$81⁄2 n

.$20.70 b [20.80/20 sa ...$18 s .$6.30 n 74/42 88

$12%. sa

Peak Trams (old) Peak Trams (new). Star Ferries ...$79% b China Lights (comb.) China Lighta (old)

China Lights (new) China Lights 1928 issue "Dost thou think, because thou H.K. E'trics (old)

Electric (new) art virtuous, there shall be no more cakes and ale? Yes, by Macao Electrica Saint Anne; and ginger shall be H.K. Telephone

hot the mouth, too.

$594 B $61% n

.$26 b .$6.90 bold [6.80 b new

.$11 b ..12/- n .17/6 b 18/3 a .85 n

Industrials, China Sugers .... Malabon Sugars Canton Ices Cements (comb.)

.80 .cts. n .$281⁄2 b

$82.11 $10.10 b [10.16/.25 sa .$7.80 n .$11⁄2 b

"Many people regard the luxury China Buses trades, if you can so call them, as Singapore Tractions absolutely indispensable to the life Singapore Pref. of the nation. Some of them are Sandakan Lts. amongst the greatest uplifting agencies which civilisation pos sessca, but no doubt, there is far too much money expended on cer tain aspects of them. Certainly there is far too much money thrown away. In speculation, and far too much money wasted on what I may

Cements (old) Sir Edwin quoted from a recent call passing tendencies. Anyone Cements (new) apeech of Mr. William Graham, who has the interests of the coun- Hong Kong Ropes (old) ..$7,60/n M.P., the Financial Secretary to the try at heart must regret to see so Hong Kong Ropes, (new) .$7.55 a Treasury in the Labour Govern- much money aquandered, for inst-United Asbestos ment, to the effect that much eaplance, on dog racing, tal was definitely misdirected, and here was plenty of speculation in artificial silk and similar semi- luxury enterprise.

.$5 n

.$213⁄4 b 22. Ba

Miscellaneous

.$13.80 n

.:80 cts, b $3.05 n

WURM'S

"STOMACH DOCTOR"

THE BEST BITTER FOR THE STOMACH.

EATING WITHOUT APPETITE: drink one liquor-glass "WURM" before repast.

FOR DEFICIENT, DIGESTION :

drink one liquor-glass “WURM”· after

repast.

→

FOR DISORDER OF THE STOMACH :

drink two liquor-glasses "WURM” at all

1

times.

BEFORE DINNER, AND BEFORE GOING TO BED ONE" WURM” IS THE BEST REMEDY FOR ALL

DISORDERS OF THE STOMACH...

Obtainable at

THE WING ON CO., LTD.

NEW SHIPMENT OF

TRUNKS

食

Moderately Priced.

YEE SANG FAT CO

The store that saves you money,

CHOY

HEONG

MANUFACTURER OF PRESERVED GINGER AND FRUIT.

Established For More Than Forty Years. Office:-No. 90, Bonham Strand, Hong Kong. Factory:-1A, Sham Chun Street, Mongkok.

Tel. C. 1424. Tel. K. 400.

BUSINESS DIRECTORY.

Bookbinders.

1

THE "CHINA MAIL," Book-

bindern.

No. 8a, Wyndham Street.

..$20 a Dentist. ..301⁄2 b

.$8.65 n

Stores, &c. "It is quite true that there is far Dairy Farms too much money, expended upon Watsons certain forms of public activity, Der A. Wings which, desirable enough in them- Lane, Crawfords "While I entirely agree with selves, cannot be multiplied inde- Mr. Graham that much capital in finitely with the hope of permanent Sinceres

Mackintoshs this country is misdirected," said profit and continuous well-being. Wm. Powelle Sir Edwin, "I would like to point Entertainment Is one of them: It Lee's tennis this

has out in the first place the difficulties is true that the enertainment habits hardly received the publicity it of generalisation. I notice that he of the public are increasing, but Hong Kong Amusements..$28% s deserves, but the fact remains that only defines artificial silk na "semi- those who consider that, because Hong Kong Constructions $1

the opinion of many

sound luxury. Is he aware that artificial | big profits have always been made B. Ind. G. Bonds

..........68% b judges he is among the three most silk has helped to save Lancashire in the cinema world, they will al-H.K. Govt. Loans....5% Prem. B promising youngsters in the coun. in the great crisis, in the cotton ways continue to be made show to try, and it is conceivable that he trade, and that already this year my mind, very optimistic judgment: will turn out to be the best of them we have exported from Lancashire Personally, I think that the enter

well over £5,000,000 sterling worth tainment industry as a all. He has a nice free style and of cotton and artificial silk plece should rationalise itself.

in

| a very fine, forehand drive, which, at its best, is a very potent weapon of attack--Tenis Mlustrated

H. G. N. Lee, who played for Eng land at Murrayfield..

+

gooda?

Agents of Civilisation.

whole

"I suppose you and your hus- band are out a good deal now you've got a car?”

"Oh, yes--pounds and pounds!"

备

"The real lesson for each one of us to learn, concluded Sir Edwin, on "Who are we to say to other "is that we must not allow the poli- countries that these articles are tician or the theorist to stampede semi-luxury, and if we think they us into unsound financial paths, are, are we to desist from pander- and we ought not to be perturbed Football is too good a game to being to the tastes of others? If we by passing manifestations. Re- he?" played otherwise than in the clean-are to adopt this line of policy we member, the so-called luxury of cat possible way-The Mayor of should very soon cease to export to-day may be the commodity of to speaks of his son's marbles as Coventry.

any thing at all, except what I may morrow.". ;*

Jenkins: "I say, Brown, old® Smith likes to let people know he works on the railway, doesn't

Brown: "Oh, yes.

He even

rolling stock."

HARRY FONG, Dentist,

1st floor, No. 74, Queen's Road Central Tel. Central No. 1265.

Electrical Supplies.

THE GLOBE FOOK CHEONG ELECTRICAL SUPPLY CO., LTD.

72, Queen's Road, Central. Tel. C. 8270.

Engineers &

Shipbuilders.

W. S. BAILEY '&'CO, LTD.,

Engineers and Shipbuilders,

Kowloon Bay.

New Work & Repairs,

Call Fing "L" Sole Agents for Kelvin Motors.

Hair Dressers &

Booksellers,

LEE YEE,

I

Ladies' and Gentlemen's

Hair Dressers

and Booksellers.

No. 12, D'Aguilar Street.

(opposite Queen's Theatre).

Hair Dressing Saloon. .. HANSON SKEY, -

Ladies and Gentlemen's

First Class

Hair Dressers.

45, Des Voeux Rd. C., HK.

Optician,

THE HONG KONG OPTICAL CO.

'Phone 2282.

58, Queen's Road Central.

Printers.

"THE CHINA MAIL," General

Printers

Publishers and Bookbinders; 8a, Wyndham Street. Tel, C. 22°

FOR SALE

London-Orient Flight

FLOWN COVER. Manila to Hong Kong via British Far East. Flight

First air mail to Hong Kong.

Cover with only two pesos)

ordinary stamp$ 15 ret

Cover with one or two air

mail stamp LO.F. post age not less than two pesos

GRACA & CO.

"20 net.

No. 10, Wyndham Street, P.O. Box No. 620, Hong Kong.

BY GOLLY- CLOTHES DO

HELP TO MAKE THE

MAN-1 FEAL FINS IN. “THIS'NEW'

BY GOLLY- THERE'S HANNABIL. STILL WORKING DA „HARD CLEANIN

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1-26