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a becoming sense of their successes with modesty.
There were a number of amusing incidents at intervals during the day and there was, always something to divert and keep one moving about over the field, The races of the little folks, both girls and boys, were among the most pleasing sights of the afternoon and, al- the gh pot down on the programme, will be re- membered by some longer than the more for mally announced feats of their grown-up brothers Little Mary Rogers seemed to be the fleet-footed fawn that no one could keep up with and sha carried; "off d ́thres prizes. During the progress of the sports the mail arrived on the grounds and there was a break for the throwing up his ritmap, one enthusiast hat and exclaiming. "See!'all the love-letters from Home and not long afterwards one of our good.comrades, who may have come from the Shamrock Isle, broke the momentary stillnessTM with the impulsive remark, The next rack will be a 'Long Jump' And so the time passed, with every one in the best of smirits until, with the going down of the sun, the prizes were dis- tributed to the happy victors and the crowd quietly dispersed to all quarters of the colony.
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Theofficers were: —President, Mr. Mackintosh Committeo: MP J. Blake, Mr. J. Harvia, Mr. J. Tine'khoad, Mr. P. Aitken, M2, D Currie Mr. (4. Kirkpatrick, Mr T. Grimshaw, Mr. J] Wldell; Badge and Handicapper. Mr. R. Aitken; Clarks of the Course; Mr. J. Harcio and Mr. T. Grim- shaw: Starter. Mr J. Waddell; Hon. Secretary ak Taikoo Club, Mr J. J Blake, Hon. Secretary of Sports Committee, Mr. J. Waddell,
At the conclusion of the Sports the prizes #era presented by Mr. E. Mackintosh, who made ashort sp eh, thanking the Committee on behalf of the visitors for the pleasant day's cuting they had provided and complimenting them on the excellence of their arrangements.
The following are the results :- 100 YARDS FLAT RACE (handicap): prizes by 1. Mr. Jack A Young and Mr. J. Harvie; fon K:Competitors.
„Einal houd -
∙D. Currie
* W. Armstrong
ཀ
G. Kirkpatrick
¿Time. 10) sees. “
LONG JUMP, prize by Mr. J. Blake; seven Dacompetitors.
E. F. Mackay (16 feet 54 inches) Boss Thompson (16 feet)....
1
2 220-YARDY FLAT RACE (handicap); prizes by Mr. Chan, A Tong and Taikoo Sugar Bollers; fifteen competitors. Final heat!
G. Kirkpatrick.
W. Armstrong
v, J. Coils
PLACING TH
THE HONGKONG WEEKLY PRESS AND
J. Cardno
J. Wilkie
!
1 22
HIGH JUMP; priz- by Mr. Chan A. Tong; five
competitors.
W Arinstrong, 4ft 7in.
F. White
January 9, 1895.
holders and in their impatience to quit stook the advance was mostly lost. March opened with smart decline of Rs. 10 in exchange in conse. quence of an impost of 5 per cent. import duty on silver by the Indian Government and stocks were practically withdrawn from the market.
SACK R CE; priza. by Mr. R. Aitken; four Dealers then improved on their previous off rs
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competitors.
D. Carrie
R. Summers
1
2
HURDLE RACE; prizes by Mr. Tai Wo Loong and Mr. Geo. A. Buckland; six comp titors.
W. Armstrong
1 G Kirkpatrick
THREE-LEGGED RACE; prizs by the Taikon
Club; four competitors.
and with a simultaneous brisk demand for Shanghai an extensive basiness was transacted. over 20,000 bales changing hands at an advance of $2 to $3 on rates ruling in Jannary, exchange being quoted Rs. 1703 to 171.
Towards the beginning of April exchang commenced to improve and by the end of the month had risen 13 points Importers now b came anxions sellers, but the partial failure of the rice crop in some of the consuming districts
D. Carrie and Ross Thompson CONSOLATION RACE; prize by the Tai'coo Club; and the condition of our large neighbouring
three competitors.
J. McKirdy G. Grimble...
Club.
2
FOOTBALL MATCH (5 a side); prize by Taikoo
· Teams-East Point Sugar Refinery →Goal; W. Stewart; half-back, D. Symingto; forwards, John Rodger. Glyons. Cameron. Taikoo-Goal, John Blake; half-back. Dizon; forwards, Shand, C. Blake, Gillespie,
Soure
Taikoo
East Point
goals.
goal 1 point.
This event proved less exiting than was ex- pected, ten minutes only, instead of the usual twenty, being devoted to play. The Fast Point team did most of the work during the first half, but some capital passing on the part of Gillespie and C. Blake enabled the laikoo men to score, Before orossing over the East Point team scored a minor from a long shot. On changing sides the Taikoo goal was vigorously attacked, and East Point scored its first goal; but a break away by Gillespie took the ball to the other end of the field and enabled thữ Taikos meu to easily score their second goal just on the call of time.
YARN REPORT.
The following is Mr. Eduljee's yarn report for last year
Hongkong. Ist. January, 1995. Tu last report it was appointed out that the mill industry of India had recdived a crippling blow through the closure of the Bombay and Calcutta mints towards the end of June, 1893, and that the trade in Indian yarn with China and Japan suffered a considerable shrinkage as compared with that of 1892
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markets as well as of Shanghai greatly checked business, and with comparatively smaller off takes stocks commenced to increase, prices having meanwhile receded fully $3 to $4 per bale. May opened with no better prospect, as rupees steadily continued to advance and by the end of the month had risen another 13 points standing at 1983, the highest point of the year Native buyers now became very cantious and bought only for immediate wants and a perfect panic amongst holders to realize in a rising I change set in. Under the circumstances heavy concessions in prices were again made here and there, but little or no benefit was derived and sales continued as restricted as ever, unsold stocks reaching 23,000 bales. With the commencement of June the usual summer demand made its appearance simultaneously with a drop of fiv points in exchange, and dealers bain tired of waiting now commenced to operate more boldly and a considerable and extensive business followed. Sales continued with unabated vigour until towards the close of the month, when the pre- valeno of the black plague frightened away most of the native buyers and traders and the market now subsided for a time, with an estimated unsold stock of about 25,000 bales.
The sudden collapse in the local native demand MR. P. EDULJEE'S ANNUAL BOMBAY at the end of June was, however, somewhat counterbalanced in July by a considerable and well sustained foreign enquiry for Shanghai, which continued well through out the whole of the month, and what with considerable offtak-s and unprecedentedly heavy shipments north- ward, unsold stocks, in the hands of foreign im- porters were reduced in spite of heavy arrivals to about 10,000 bales. In the beginning of August, thanks to the vigorous action of the authorities in grappling with the epidemic, the influx of native merchants and bankers set in ant another extensive business followed and was in- tensified by reports of a coutinued advance in Bombay, The outbreak of war between Chins and Japan at this juncture, once more interfered with trade and business greatly slackened to. wards the end of the month, prices remaining with After For purposes of comparison a table of imports little alterations as those of last month. RACE; one mile; prize by Mr. N. Mo. and exports and sales in Hongkong for the last the first excitement of the war had subsidəd, the 34 Donald six competitors
nineteen years shows that the total imports to distance of Hongkong from the base of opera- China and Japan have increased from 337,560 tions instilled a sense of security amongst native bales in 1893 to 387 381 bales in 1894, or nearly traders and buyers, and so far as our local trade. 15 per cent., receipts in Hongkong alone showing was concerned business continned steady and an improvement of 24.325 bales over that of the unchanged. This position was, however, prompt- previous year, or nearly 12 per cent, and directly assailed, as towards the beginning of Sep. shipments to Shanghai and Japan an increase of tember heavy floods in the interior curtailed for a time all business operations, and shortly after 25 496 bales, or nearly 21 per cent.
a report was received that rates in Bombay were wesker, with spinners pressing for offers, and the rest of September was passed in a dull dragging state.
ORANGES: prize
Loohend; fifteen competitors.
H. F. Mackay
Bier Milligan
A period of eighteen months has now elapsed since the closing of the mints and the trade has Mr. J. had time to turn round and adjust its if to the new conditions, but not until after having sùf. fered some serious disasters.
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B. Shnster OBSTACLE RACE; prizes by the Mitsui Bussan Kaisha and Mr. J. Waddell; seventeen com. petitors.
Final heat <F. Gill spie MR Summers.
HOP. STEP AND LEAP; prize by Taikoo Sugar
Boilers; eleven competitors.
W. Armstrong: 37 ft. 7 in. Ja E F Mackay, 37 ft.
VETERANS' RACE (handicap); 35 years of age *And upwards three years residence in the colony, and ons yard's start for years in age; prizes by * the Hong and Mr. W. Fukui; five competitors.
J. Blake
J. Harvie
Consumption: however, has not kept pace with the general improvement in supplies, but this may be attributed solely to local causes, such as the prevalence of the black plague in Hongkong during last summer, the China Japan war since the latter half of the year, and the growing com- petition of the local manufacture in Japan, which from all accounts is steadily superseding the demand for imported yarn in that country. Sales in Hongkong show a small falling off of
POTTING THE SHOT-Prize by the Foremen 2,484 bales, or 14 per cent, whereas a deficiency
of Indoor Staff; five competitors.
*** R. Aitken, 31 ft. 8 in
J. Shand, 31 ft. :.
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October did not open with any better prospect and the dullness increased with the growth of the month, until at the close the market became well nigh inanimate, with an estimated unsold stock on hand of about 30.000 bales.
With the close of October prices appeared to have touched their lowest point. as during the of 12.949 bales is notionable in the consumption early days of November another brisk and motive at Shanghai, or nearly 103 per cent.. and of 9, 57 demand for Pakhoi and Tonkin was experienced and considerable sales of favourite spinnings were bales in that of Japan, or nearly 64 per cent.
The meagre amount of 10,000 bales odd being effected at improved prices. It was at this junc carried forward on a steady market in the begin-ture that the absence of the northern buyers ning of the year caused considerable uneasiness from our market was keenly felt, and, in addition to dealers, as almost immediately on the resump. to this, we were inundated with reshipments from tion of business stooks were found insufficient Shanghai, where the war scare, owing to the con- tinued advance of the Japanese forces into the | for requirements aud. impo ters were enabled to
establish an advance of $1 to $24 per bale. This conutry, bad almost put a stop to the trade of position was stea ily maintained during the whole the port. of January and the first half of February, but ISITORS' ItACE; prize by the Talkoo Club; towards the close of the latter month a- sudden fight competitors.
rise of eight pointă în rupes exchange waskumed
- THROWING THE HAMMER; prize by Mr-Chan
A To
ong; six competitors. J. Shand, 66 ft.. *J. Coils. 63 ft. 6 in. *TALE MILE RACE (handicap); prizes by Mr. "Wong Hoi Chow and Mr Thomas William ;
twelve competitors.
E. F. Mackay... D Chirie
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Rice harvesting commenced about the second week in November and war continued well into the middle of Desember, and during this period
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