Arrangements for the Coming Season Ladies' hockey started its season on Thureday aftornvon with a mectof tae captains of member-teams in the Shanghai Ladies Hockey League at 5.80, presided over by Mrs. Weston. Plans were drawn up for the coming season and it was ascertained that there will be eight teams entered this year in the League, the B.W.A. and the Shanzhai American Schoo) having two teams respectively, the Junior Athletic Club, Tutorial Institute, Y.W.G.A. and Thomas Hanbury School, one team each.
ruling was made that the nominal fee of §2 for each team belonging to the League be paid, in order to take care of necessary incidental expenses during the sea-
The League will have at its disposal this year, four hockey grounds wits a fifth for alternate use and the first game is fixed for January on which date the B.W.A. and! Ame: ican School's two teams re spectively will play on fields to be ammounecd Tater. As a new ruling this year, it was also decided that in The following review of the local ex: change market deals with the week fending November The week opened with London! silver quotations of 25 3/16 for ready and 25d, for forward, America quoting 532 cents. The market mained at about this level during the entire week, which was without] special features. At the close America reported a strong undertone, Bombay a steady market, while London is still reserved and not too optimistic as regards the immediate future of silver. Trade requirements at Shanghai were extremely small during the week, and even speculative business was not voluminous.
Imports into Ohina are seriously hindered by thie deplorable political and economical position in which the country finds itself. The volume of imports during the second half of 1928 is bound to show a considerable reduction when compared with the first semester. Amongst the articles which show a decided {falling-off are notably sugar and raw jeotton. Sugar contributed in 1925] about 10 per cent. of Ching's total imports, amounting to 90 million ads in value. Raw cotton con-
{tributed about 73 per cent, to the country's total imports of 1925, namely 70 million taels. Both these items are likely to show consid: able reductions in volume. case any team is under sized, a club having extra players can lend needed number to make for full strength on the part of the first team.
Tt is expected that the season will be as successful as last year which represented what niay almost. be called a record' senron' in ladies hickey in' Shanghai wet Regarding exports it cannot be} [denied that the demand from abroad is fairly good, but produce frots China is not always available for shipment. Raw silk, for instance, is contracted for until the end of January. Goods coming from tie interior of the country cre- often subjected by the military fo iffegal taxation of sri' extent which makes
Text read from the printed page and cleaned; old type leaves the occasional error.