1916-01-04 — Page 5

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TRADE IN 1915.

HONGKONG BUSINESS TENDENCIES FOR LAST YEAR,

REVIEW OF THE CONDITIONS IN VARIOUS MARKETS.

Below we give a review of the With regard to the Liquidations, business conditions which have these are now nearly completed, pravailed during 1915 in -the ‡ and it is satisfactory to note that principal markese, in which the, they have been so carefully con- Colony is interested. We ́have | ducted thatnogreatinconvenience withheld the reports until the pre- has been fait by piece goods des ment, in order to deal with a matter lars. No failures of any nots have in comprehensive formrather than to be regretted. The actions of pinos-msal.

Sulk Report.

The season opened with bare stocks and at the outset new season silk was contracted for, at prices on a level with those paid for the old. Demand from the cufast, specially from America, was wail sustained, particularly

in coarse sites.

THE HONGKONG TE

YOLUT

WINDING"

At the Supreme Court thin mening, before the Chief Justice, (Sir Willis Been Davie application was made tes wind up the Kwang Wo Hing Firm.

TUESDAY, JANUARY

DAIRY FARM NEWS

SONE OF OUR

BY-PRODUCTS AND SPECIALITIES

m GORNED BEEF,

Mr. J. B. Gardiner) appeared in Mr. F.O. Jenkin, (instructed by

support of the application.

CORNED PORK,

VARIETY OF SAUSAGES

PRESSED BEEF,

DRIPPING,

According to the petition, the cina capital of the Company was $20,000, all of which had been paid up or credited. The object of the Company was to take CORNED TONGUES, business than carried on

a going concRIM, B Victoria, and at Singapore, of geral store-keepers, cario des are, furnishing and ware-house 10), **

Over, as

the Liquidators have been directed by the Goverment to a great extent, and there has been a good deal of talk about the daisy in completing these liquidations Bas it is felt on all sides (1878°N local firm) that there is little more to be accomplished in the matter application should be granted, of winding up the affairs of any subject to the supervision of the firms, and that no great barm will Court. Es also asked that Mr. be done if liquidatore are given 0.0. Duman be appointed little more of a free hand to wind up this matter once and for all.quidator in the place of Mr.

Lo Chui-pang

The first cup was speedily bought up and prices hardened rapidly. July aw the worst floods erst known in the history of the | It is certain that no one wants to Canton Delts, business being see the German. back. brought to a completa standstill,

and it wasearly August before trad-

ing was resumed on a very limited

-Sundries.

Dealing with Sandries, which bacia, the fourth crop being almost is generally known as "the muck entirely destroyed, and the fifth and truck" trade, it is regret seriously affected. Darine Octo-table that very little progress can

|

Mr. Jankin now saked that the i

His Lordship sail he world make the order sabject to the Registrer being satisfied.

ber and November, the effect of / be reported in the matter of suped, and there is no doubt that'

the boom in Japanese Silk re-acted Flying from British sources the on this market, and record prices various odds and ends which during the forthcoming three or have come to be known ES four mouths this congestion, "ware obtained. On the whole, în

**German

specialities.

which is seriously a scting the Thi spite of the destruction caused.

trade, will continue. There is owing mainly to the by the food, dealers must have made money. At the close, stocks fact that English makers have only me saving point in the are almost exhausted, and ever been busy in making manis whole matter and that is it may

PORK PIES,

CCOKED HAM, LARD, SMOKED TONGUES, GAME PIES.

WHICH CANNOT BE EXCELLED FOR QUALITY.

WM.

POWELL

LTD.

TELEPHONE 346.

BLANKETS,

DOWN QUILTS, TABLECOVERS,

increasing freights, coupled with ions and supplying the Home bare the tendency to maTAPESTRY CURTAINS

Piece Goods,

business market with its actual needs, and

as indeed every other kwanch of

trade, bat bere again the Chinese has shown recuperative powers of remarkable extent.

Speaking generally, the market here has not been able to pay up the ever-increasing prices from Home, and the Chinese hars waited and waited, entirely failing to realise that whether it is war or peace the level of prices will very likely remain on the higher scals for very many years to come,

IINORS profitable Q

Continued on page 10.)

TO-DAY'S ADVERTISEMENT.

INDO-CHINA STEAM NAVI- GATION COMPANY, LTD.

From CALCUTTA, PESANG ✰ SINGAPORE

“KUMSANG

Ports Consignees of cargo by her having arrived from the above are hereby informed that their goods will be delivered frem alongside.

CARPETS & RUGS.

TO-DAY'S ADVERTISEMENTS,

*

EAST ASIATIC ( OMPANY, LAMITED. COPENHAGE<. NOTICE TO CONSIGNEES THE Motor Ship

NOTICE

Permission has been granted to the Shropshire Light Infantry to use the Wong-noi-chong Be creation Grounds for tesining purposes on Thursday the 6th January, 1916, between the hours of 6.15 and 9 pm.

TOUGKING," having arrived, Consignees of cargo are hereby informed that their Goods, with the exception ables, are being landed and stor of Opinm, Treasure and Valu

All broken, chafed, and da ed at their risk into the hazar aged Goods are to be left in the dous and/or extra hazardous Godowns, where they will be Godown of the Hongkong and examined on the 10th of January Kowloon Wharf and Godown at 10 am Company. Limited whence All claims must reach us before: delivery may obtained, the 18th of January. 1916, or they

Optional Cargo will be forward- will not be recognized. No Fire Insurance will be led on, unless intimation is receiv- No Fire Insurance will be effected.

ed from the Consignees to-day effected. requesting it to be landed here

Bills of Lading will be counter- signed by the undersigned.

Cargo, impeding the discharge or remaining on board after noon the 4th inst. will be landed at Consignee's risk and expense.

Bills of Lading will be count arsigned by

→

the political unrest, have brought with the shortage of labour is account of the small stocks all business to 8-standstill again. had been impossible for them to The past year has been one of imitate many of the German war, rather than a year of "piece" specialities which were previous goods, and importers have had ly imported. A lot in this direc to pat ap with many consequent tion has been sccomplished by delays in shipment, Dificulties Japanese, whilst the Americans about obtaining dys colours, diff. are also come in for a bigger share of the tada tha: they calties in arranging assortmenta and one hundred and one other ever had before. The Japanese little mishaps and inconveniences are peculiarly adapted to this attributable to a state of war, trade for they have a lot of work including a shortage of labour which is done in giving out labour at Home. For the piace goods to private houses where the girls business it has been quite a make toys, tin goods and small historical year, for in the period boxes and how many other things before the war, in which the that are secciated with the trade. THE Company's Steamship

The floods st Canton as one time Germans were always a wet blan- ket, there was in practise the seemed in danger of upsetting the aredit system, but after the warade in piece goods and sundries, it was agreed by the whole of the British business community in terested in piece goods, to place the business on a cash basis, doing away onos and for all with the obnoxious credit system, which been the bans of the business for many years. Now that this has been accomplished, it is to be hoped that this will not be gone back upon, and if ever the Germans come back into the business in such prominent manner as they were before the outbreak of hostilities, care should be taken that they do not re-commence this undesirable and happily suppressed system In spite of the change, which took place practically on the day war broke out, the Chinese hare risen to the cocasion in s tenly marvellous manner, and have söcustomed themselves to the new conditions in a very short spaos of time. The very fact that this change was brought about in a time of war, angers well for the stability and general prospects of the business in the future. The great dificulty caused by the shortage of dyes, has resulted in big stocks being held up here, and not getting into consumption Chinese dealers have withheld baying as much as possible in this line, but have bought well în Exacios, especially in Angust and September, and they should do well out of those purchases, seeing that since then prices have advanced enormousý.

Karosine

Prices stated to rise at the be ginning of the year, and have continued to do so, this being due to shortage of stock owing to dealers not buying in early part of the year, at the high prices then ruling. Prices at the present time are very high, owing to the great demand at Home for muni- tions and to the shortage of freight.

The dealers have made very handsome profits, this being doe to the high cars received from Japan, where all available stocks have been shipped. They havO not had such a prosperous time for many year;

As to the coming year, there meema no likelihood whatever of present high prices falling, on the contrary, as freight roomS ÎN BOSTOST then ever, there is every chance of still higher prioms, business at the moment in staple lines being practically at a standstill, owing to the impossibility of obtaining ready cargo room, on the other

Flour.

In Woollens the trade has" | "side, been far from large, very little

business being done. The During the past year there have present prices quoted from Homs been some very heavy losses in are really prohibitive to the the flour market, and it is recog Chinese

pocket. But there has rised that the Shanghai flour bas been one good effect from this been a detriment, and, in fact, has rise in prices, and that is, that been largely responsible for the many of the old stocks which present state of affairs. As the were lying in the Godowns as a figures for last your showed, there rendus of the 1911 Europan has been a grest drop in Ameri- clothing boom, have been snapped can flour, sed especially is this up and gone into consumption, noticable when compared with the and had it not been for the on year 1913, The outlook, too, for the

ception hanced prices, they would have coming year is not stayed there and been only fit for bright, na freight

the STailable to the am

JARDINE, MATHESON

& ∞). LD. General Managǝzz. Hongkong. January 3rd, 1916.

bo

No claims will be admitted after the Goods have left the Godowns, and all goods rémain- ing undelivered after the 11th of anuary will be subject to resit.

TO-DAYS ADVJETISEMENTS.

THORESEN & CO.

Agents, Rongkong, 4th January, 1916.

THE SINCERE CO.

UNIVERSAL PROVIDERS.

THE PIONEER ONE-PRICE STORE

KNOWN TO BE THE CHEAPEST IN THE COLONY

-1916

The beginning of a New Year frnds us fully prepared with a remarkably fine selection of New Styles in gentlemen's

wear.

SHIRTS TIES SOCKS HATS- SHOES,

all are included in this special

display.

You are welcome to inspect without Importunity to buy.

MACKINTOSH

Men's Wear Specialists

16, DES VŒUX ROAD.

& CO.

LTD.

NEW

COLUMBIA DANCE

RECORDS

JUST RECEIVED

(TOO MUCH MUSTARD, (OSE OR TWO PRINCE'S

1 ON THE MISSISSIPPL

INTERNATIONAL RAG,

A5531 (PUPPCHEN.

41307

A5532

HIGH JINKS.

Y COMO LE VA

A1458

TRES CHIC

HUNGARIAN RAG.

|A5541

HEART O' MINE

DREAMING.

A5525

1942

STEP)

BAXD

(HESITATION WALTZ)

(OKE DE TWO STEP)

TANCO

HE'D HAVE TO GET OUT. (OKE OR TWO

[ ISLE D'AMOUR.

STEP)

CHESITATION

WALTZ

EIGHTSOME REEL-ACCORDEON HORN PIPE

ETC. ETC.

ANDERSON MUSIC CO.,

6, DES VŒUX ROAD.

LTD.

Tel 1322

GILMOUR THOMPSONS

Royal Blend

Mouse

Whisky

Fit for a Prince

Where's the d cat now.

PRICE PER CASE 1 DOZ. OTS. DUTY PAID $21.00

SOLE AGENTS

GANDE PRICE & CO. LTD.

WINE MERCHANTS.

Tel. No. 153 6.9 cens Road

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