1925-12-31 — Page 4

THE HONGKONG DAILY PRESS, THURSDAY, DECEMBER VIST, 1925

JAEGER UNDERWEAR.

VESTS, PANTS, DRAWERS and COMBINATIONS.

Jaeger Pure Wool Underwear is known throughout the world for its fine Quality and satisfying comfort.

Jaeger Underwear is treated against shrinkage, and garments are replaced if shrunk.

WE ALLOW 10% DISCOUNT FOR CASH.

MACKINTOSH & Co., Ltd.

MEN'S WEAR SPECIALISTS. Alexandra Building, "Des Vœux Road.

DAIRY FARM NEWS.

DAIRY SPECIALTIES

GORGONZOLA CHEESE GREUYERE

STILTON

CHEDDAR

KRAFT

PICNIC :

COULOMMIER

POULTRY:-

門

.39

$1.10 per lb.

1.50

1.20

CANADIAN CHICKENS

-70 cents per Ib.

70

80

"

"

80 per pat 40

100 PER CENT. FOOD VALUE.

THE DAIRY FARM, ICE & COLD STORAGE CO., LTD.

BY: AFPOINTMEKT

GENERAL

ACCIDENT FIRE & LIFE.

ASSURANCE CORPORATION, LIMITED.

We have been appointed Agents of the above well- known corporation, and are prepared to issue policies at favourable rates for fire, accidents, life, motor car and burglary, etc.

124] -

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STOCKS CARRIED.

REVIEW OF TRADE FOR 1925.

EFFECTS OF THE BOYCOTT.

AWAITING A FAVOURABLE TURN OF EVENTS.

In accordance with our annual custom we publish the following notes on local trade during the year:-

PIECE GOODS.

In reviewing the past year's working of the Piece Goods trade of Hongkong a dismal picture must be drawn of what has been the most unsatisfactory period for many years. The year opened with a healthy feeling all round, giving justi- fcation to a hope that a steady trade would be forthcoming after the China New Year Settlement. The festival came and weat and in the interim, before the Colony was laced with the general strike, de generating into a boycott of British goods

in Canton, only a desultory interest was evinced by dealers in any class of Piece Goods. From June onwards, business has been practically at a standstill, deniers being afraid to commit themselves, pend- ing favourable turn of events in Canton, Deliveries were poor, owing to the block ade of Canton, and much seasonable cargo will be carried over into 1920. To fore cast prospects for the coming year is an impossibility, everything depending upon the political situation is, and around

Canton.

METALS.

Business during the early part of the year was disappointing. The stocks of most lines, appeared to be sufficient for trade purposes in the first three months, and dealers were reluctant to pay the equivalent of prices asked for by import ers. The amount of business hooked after the Chinese New Year festival was well helow the average, and this subsequently proved to be the salvation of the market. Since the strike and boycott, the move- ment of stocks to the consuming districts has been practically nil, and demand for new supplies unimportant. The year 1625 can only be described as one of the worst on record from the view paints of both importers and dealers.

lowest price recorded sizes 1921-2 On the other hand consumption has materi ally increased anu demand has been close up to supply contrary to expectations.

edly assisted the increased demand con- The low purchasing value has undoubt

siderably. Prices in many directions have been well below cost of production, and it is therefore unlikely that a generally intensive cultivation campaign can' con- tinue indefinitely. It appears at present to be a fight for supremacy between the Beet and the Cane growers, and if so, it is certainly not profitable to either at present low market values. It may be assumed that unless production continues to increase at the same rate "as of late, prices of sugar will be maintained; if not improved, after the weight of output reaches its pinnacle next year.

Another bumper crop of about 5 million tons is expected from Cuba 1825/26, but otherwise no increase of any importance is expected in the sum total of the world's It was expected output for next year. that Cuba would show a carry over of about one million tons syrplus at the end of the present year, but this estimate, owing to good demand, haa' now been reduced to about million tons. In 1991 over one million tons were carried over by Cuba, but were soon absorbed by the better demand that set in owing to low

prices.

Below we give the market prices of Java White Sugars during the present

year:

JAVA WRITES FINST COST January

Fl. 13.25 FL. 13.75

February

March

FI. 13.37

April

F1 15.30

May

FL 19.50

Jupe

FL. 10.30

FL. 10374

FL 10.95

Fl..10.19

Fl. 0.95

July

- August

September October November December

TOBACCO.

FL. 0.50 FL. 10.25

FLOUR.

The year commenced with rather heavy stocks, but with a sudden rise in wheat prices throughout the world buying here decreased with the result that stćoks were considerably reduced. Shipments to Can- ton" and Coast Ports were regular until the strike which commented on the surd June. Canton which is one of Hong- kong's best raarkets for four, has been unable to obtain shipment direct. Since June the demand has been small but

Indo-China and Bangkok. regular shipments have been made to

Prices have remained fairly steady but ket appears stronger on account of re- at the close of the year the wheat mar.

ported shortage of supplies from the Argentine and Australia.

.:

Stocks at the prezent time here are estimated at 350,000 sacks and if there is

INTERPORT RUGBY, -~/

REIO UNIVERSITY DEFEATS,

HONGKONG.

[TRODOH BEUTER'S

AGENCY

SHANGHAT, December 30th.

Keio University, the Hongkong fifteen. In the interport rugby match against.

were defeated by 9 points to 3.

THE GAME DESCRIBED. Hongkong pressed at the start, “After · twenty minute's play Hagihara scored a try which was converted. Bad passing by the Japanese nearly let Hongkong ing but Takano (all-back) cleared well.

Lammert scored a very good try for Hongkong. He dodged through all the

·Japanese team but the try was not cao- verted. The half-time score was $-3.

Exciting play and une touch-kicking by a settlement of the strike at Canton this both sides followed the re-start. Mitano lot will be rapidly worked off and make scored a good try, which was not cou room for the consignments to arrive in vorted January.

The game was very fast. Keio were outweighed but were quicker on the ball. though Hongkong used their weight to

Andrews was carried off the field after being hurt in the second-half.

47

The year has not been a very satis factory one for the Chinese dealers as

they had to meet. some losses on their great advantage,

rather higher February purchases at

prices than those actually realized...

Shanghai flour was a keen competitor early in the year but with the trouble in North China supplies were unchtainable in the South.

Australian four bas given satisfaction throughout the year but with the limited space available for flour on the vessels trading with China the imports have not been as heavy as the Millers in Australia desired.

There is no doubt that provided there is a settlement in the political affairs and the strike against Hongkong at Canton we may see larger imports of

four in 1926.

GUNNY BAGS.

LOCAL SPORT.

FOOTBALL.

RESULT OF LEAGUE GAME PLAYED YESTERDAY.

Division 1.

East Surrey's, „5.2. R.A.... ...me I Yesterday, on the. Garrison ground at Sookunpoo, the RA, failed to main-

affected to a certain extent by the re

The local trade in gunny bags has been tain their form of their first league

game with the East Surrey's "(which- cent trouble, but in comparison with last year the prices show a marked increase

ĉaded in a drawing of one goal), being. due almost entirely to the much smaller defeated by five goals to one.. Bain fell jute crop in Calcutta. The estimated throughout the game and towards the Bengal crop for the present season is

7,831,398 bales, and allowing 350.000 for end the ground, was slippery and the outlying districts and Madras, this gives players «found it nearly impossible to a total crop for 1925-90 of 8,601,303 balea.keep on their feet. After fifteen minutes' The estimate of the total consumption

is stated at 10,135,000 bales showing an play the Surrey's took the lead from a apparent deficit (unless the actual out free kick by MeGreavy, for hands against turn of the erop exceeds the estimate) of Miles close in. The first half favoured 2,133,672 bales..

<

The demand has heen just about as the Surrey's and Humberstone put on usual. In most places it has not really two goals before the interval, the Army been affected by the strike troubles.ju China,

The increase in prices is entirely, due to the anticipated shortage of the jute crop. The prospect at the moment is that prices will rule Arm, with the like hood of an advance at the beginning of this year. In view of the high prices buyers hesitate to purchase on any large scale and really only cover from hand to mouth.

.

CEMENT.

There was a very fair demand for Cement for the first six months of the our at the low prices ruling Since the

·Strike, however, this trade has suffered severely,

centre forward running clean through the opposing defence. Halltime, East, Surrey's, 3; RA, 0.

Early in the second half the R.A. scored their only goal of the match. Cooper handled in the penalty area and Reads boat Douglas from the spot kick. The play now became scrappy and Butler beating both backs by an individual effort went on to score from close range. -- Just on time Butler came through again and beat Stanton making the score five goals to one in favour of the Surrey's.

Surrey's-Douglas; Cooper and Jor- dan; MeGreavy, Mitchell and Bristowy: Charlesworth, Hicks, Humberstone," But- ler, and Mackleworth

-Mild Steel · Bara, Angire Zuinta-For Continental supplies, shippers, at the For the first half year of 1025 the beginning of the year were naming 189 Tobacco Trade in China showed a decided to 157/6 per ton city and dealers were increase, particularly the cigarette trade, offering $3.00 to $4 a picul, but little

However, the Shanghai incident which business was placed. Home prices sagged occurred in May caused the practical during the year to 147/4 in May, 149/6 in stoppage of eigarttte manufacturing in September, and 137/- to: 130/- in October Shanghai for three months due to the and November. Buyers came out in failure of the Municipal Electric Plant Navenher, and a fair quantity of material there to supply power for the milla." As (1,200 tons to 1,300 tons) was booked at Shanghai is the largest cigarette produc», prices ranging from 33.05 to 9375 a piculing port in China the tobacco business Mild Steel Plaïrı-Very little business for 1923 shows a decrease and, it is in-

BUILDING IN HONGKONG. reported during the year, Priers quoted teresting to note that there is not a single from home close at idő/. por ton c.lf, cigarette factory of any size or output | LARGE NUMBER OF NEW HOUSES operating in China outside of a foreign Scrap Plate Cutting-Prices in Janu-concession as Chinese factury owners as Ary were quoted at 440, and well as foreign owners prefer the security dealers paid $3.85 to 83.00 pericul, but of Foreign Concessions "for the investment small quantities only were booked Thore of their capital. were enquiries in November, but dealers During the latter part of the year do not seem willing to pay the equivalent business has improved very considerably of London prices, which bave sagged to and at Shanghai approximately 25 new 193/- to 195/- per ton cif Lacal stocks cigarette companies have commenced are small, and, with a revival in trade placing their brands on the market. there should be new business offering. This year taxation considerably han

One of the principal consuming dispered the free movement of stocks to the tricts, Wuchow, has been out of the mar-interior as Local Authoritics have at ket for the last six months, and the in-prescat no standard of taxation for to-ings Ordinance Office was, however, in C. Sara, Reserves: F. E. Booker and pression is that what stocks are held bacco and cigarettes, but it is to be volved in a very considerable amount of E. A Bastia... locally, will be readily absorbed as soon hoped that the Tariff Conference at pre additional work as a result of this amend

but there is no demand.

LAST YEAR.

R.A.-Stanto; Trim and Excell: Rachell Reade and Vicents; Grew, Wilson, Pulford, Lucock and Tacey.

Referee: Mr. Arnold.

CRICKET.

The Director of Public Works in his Report for 1925, just made available to the public, says the outstanding feature of the year's work under the Buildings Ordinance is the large number of new will play a friendly game with Royal The Hongkong Civil Service 1st team houses which were completed.

With regard to the reconstruction of Navy" A on the C.S.C.C. ground at houses, the Amendment to the Rents 11 m. on Saturday next. Restriction Ordinance, which came into The 0.8. team will comprise F. J. force in the early part of the year, was de Rome (capt.), H. G. Wallington, F. responsible for a marked decrease in the Baker, E. C. Fincher, H. F. Harper, B. number of houses in course of reconstruc E. Strange, E. W. Hamilton, F, E. Law- ting at the end of the year. The Build renee, B. D. Evans, H. F. Westinke,

ANNUAL UNIVERSITÝ MATCH.

The numerous applications for and succeed in standardizing taxation on with Hongkong.

Wire Fails-Local stocks are large, to the satisfaction of the more or less considerable amount of time and labour

tobacco and cigarettes throughout China the appeals arising therefrom, entailed s. but the reports from the neighbouring independent Governors in the Provinces. The total number of houses affected, hott consuming districts indicate a large short- If this is done the future of the tobacco in Hongkong und Kowloon, was 1,824 age. Prices ruling locally for the in trade is distinctly good as there would The number of plans submitted during specification is round about 36 to 86.50 he a considerably larger consumption at 1924 showed a decrease in the bumber of per picul, but it is reported that double present if the movement of stock was not proposed new houses, and the Director this price is being asked up country, very much hampered by various taxes, says it may, therefore, he anticipated Quotations from London have sagged hunditry, ett.

that, at the end of 1995, there will be during the year and for the 1in. It is interesting to note that although fall in the number of now buildings com specification only 14/- per picul keg is the first cigarette machine to be import-plated. being asked to-day, whereas in January, the quotation stood at 18L.

Galvanised Wire-Very little business is to be reported in this line.. were reported in November at prices Tinplates. Sales of 2,000 to 1000 boxes ranging from 80 to 80.30 per box, but the

As this part is opened up nguin to trade. sent meeting in Peking will be a success mission to reconstruct property; and gas

consumption during the year will show a large falling off.

annual University Past Present match The following will be the teams in the beginning at 10.30 am on Now Year's Day

Past-Messrs. Ng. Sze Kwong (capt.), WM. Gitems, A. H. Rumjaho, C. Chen, H. C. Hunt, W. Hall, JL YoungBuye TE. Yooh, Yung Hin Tang, Dr. D. K. Bamy Dr. 8 A. M. Sepher and Mr. A. TM Barmaa Umpire: Mr. C. G. An

ed to China was only 34 years ago, Chipa A tabulated statement "showing the deraon. Scorer: Mr. M. A. Kham. exported to foreign countries during 1924 number of Buildings, etc., for which plans Present-Masra. A. A Rumjahn

garettes to the value of approximately net decrease of 1,881 or 20 per cent.

were deposited during the year, shows a (capt.), R. A. Ponsonby Fane, H. N..

24 million dollars. The importation of

Balbatchet, B. O. Shahabudin, C. W. The number of plans deposited during compared with 1923 showed a decree for 1993, a decrease of 248 or 10 per cent and B. P. Ng Umpiro: Mr. O. H foreign-made cigarettes to China in 1924 the year was 3,111 as compared, with 3,456 Lam, D. Laing, S. Hochium, E. Zim

mern, B. N. Südan, Y. C. Teh, I. Tajima, due to the development of sigaret The number of plans approved during Peoh. Scorers Mr. C. E. Lee

tories in China for the cheaper grades,

FOOTBALL

ANNUAL CHARITY MATCH.

In this connection it is interesting to in 1993 an increase of 1,150 or 23 per the year was 4,258 ai compared with 3,108 Not until trade is opened up again British-American Tobacco Co. (China), note that the well-known firm, The

cent.. freely and stocks taken off the market, Ltd., today directly employ in their issued in respect of 1,885 domestic build- Dertificates for new buildings were will it be possible to forecast the pos factories in China 20,000 Chinese, having inga, of which 200 were" European and sibilities of the New Year. It is the taught these employees the craft of print. general opinion that stocks of all lines, ing, the scienting building of machinan 1753 Linese dwellings and 100 non".

The General Officer Commanding has in the neighbouring provinces, are very and machine parts, the making of tin foil

domestic buildings,

kindly consented to kick-off in the annual far short of normal, and there should be by machinery, etc. This Company also in the case of Domestic and an is and the Navy in aid of Naval and These figures, show an increase of 970 charity football match between the Army good" demand when, trade la resumed.

ed has the most up-to-date and best equipped crease of 68 in the number of Non-Military Charities which will take place Dealers and importers are likely to exor Cinema Studio in China in connection Domestic buildings compared with the on the Army ground at Sookunpoo, on eise caution in their buying, and it can with their Advertising Department. hardly be expected that a return to normal will take place until conditions have become bettled.

THE RAW SUGAR MARKET The world's sugar crop for the year 1994/95 amounted to 23,557,250 tons, ex- ceeding the previous year's total by about

figures for the preceding year.

WEATHER EZPORT,

This firm were also instrumental in improving the quality of tobacco grown f North China as they saw the neces sity some years ago of getting their sup- ply of tobacco from this country and brought cul expert tobacco growers to Last night's weather report, forecast China from Americs to teach the farmer and remarks by the Royal Observatory the best method of growing and curing said of

New Year's Day!!

BOXING

ANOTHER CHAMPION COMING.

Stoker George Booth, who was middle- weight champion of the Royal Navy in

three million tona, Cuba leading with an tobacco, afterwards buying the tobacco in A moderate anticyclone remains nently China in 1924, is returning to the Colony increase of over "one million tens cane competition with all buyers on the open stationary over Chins. Fresh to strong on H.M.S. Hollyhock at the end of sugar. Prices of sugar generally have in market. In sections where they have mousson may be wrected along the desires to be matched under the consequence, sagged very materially, carried on tobaccó growing the farmers coast of China, over the North China”

Cubans being at one time quoted under have profited enormously and their land | Sea. Local forecast: N.E. winds, fresh, auspices of the H.K.BA as soon as poss- 9 cents per pound C. & F. New York, the I has increased several fold in value.

overcast; drizzle.

ible after his arrival.