The Price of Eye
Strain.
19 BLURRED AND MISTY READING, HEADACHES,
"AND ILL HEALTH
GISEKALLY.
Wear Suitable Glasses.
―
N. LAZARUS
OPHTHALMIC OPTICIAN.
Queen's Road Cenwal, Hongkong
No. 18,139.
The China Mail.
December 21, 1920, Temperature Gİ.
二拜盡
ESTA Barometer 29.99
LISHED
Rainfah 0.00 ch.
1845-
Humidity 72.
#=#=+#+# HONGKONG, TUESDAY, DECEMBER 21, 1920.
BUSINESS NOTICES
A GIFT THAT WILL DELIGHT.
A REALLY CHOICE PERFUME.
A very fine selection from the best American & French, English
Perfumers may be seen at
WATSON'S
DRAGON MOTOR CAR GO.
(TEX EUROSTAT GARAGE).
Motor Cars for Sale and Hire.
Garages at
24. Les Van Road.
Tels. 482 & 3559.
es, Nathan Road, Kowloom.
TRIALS SOLICITED
JAMES STEER
THE CHRONOMETER AND WATCH
(Contractor to E. K. Naval Yari) 9, Ice Horse STAT, HONGKOND.
6 DAYS
BY
MAER
6 DAYS
YEE SANG FAT CO.
CHRISTMAS SALE
NOW ON
EVERYTHING ON SALE
AT
BARGAIN PRICE
6 DAYS
Sale for 6 Days only Closes on Friday, 24th.
TO-DAY'S CABLES.
(Reuter's Service to the China" Mail)
IRISH PEACE PROSPECTS.
FATHER. O'FLANNAGAN AND THE PREMTER.
INCOMPATIBLE CONDITIONS.
LONDOy, December 19. Father O'Flanagan has telegraphed Mr. Lloyd George declaring that the only road to Irish reconciliation is to allow the consiration adopted by the Irish people at the last general election to form. its legitimate functions and to negotiate a treaty directly with De Valera. The Premier replied that a settlement was impossible as long as Sinn Fein demands an Irish republic and persists in trying to compel a settlement by assassination and violence. The Premier adds that be deeply: regrets that Father O'Flannagan closed the door to the counsels of hydodwill which were favoked at the beginning of the correspondence.
OIL FUEL.
ENSURING SUPPLIES FOR AMERICAN SHIPS.
WASHINGTON, December 19.
Mr. Daniels, Secretary of the Navy, discussed with members of the United States Shipping Board plans for ensuring a permanent supply of fuel oil for both warships and merchant vessels. Later Admiral Benson. declared that with the Navy Department and the Shipping Board working together he believed that an adequate supply of oil could be obtained.
AMERICAN OCCUPATION OF ZAYTÍ. -
WASHINGTON, December 19. The Naval court of inquiry on conditions in Hayti since the American occupation has reported to Mr. Daniels, Secretary of the Navy, that these are no proper grounds for General Barnett's assertions with regard to the killing of natives.
H
WORLD'S MOST POWERFUL WIRELESS-STATION.
PARIS, December 19.
The most powerfal wireless station in the world has been opened at Bordeaux. It is capable of reaching any part of the world.
ASSISTANCE FOR AMERICAN FARMERS
WASHINGTON, December 19.
The House of Representatives passed the Senate resolution to revive the war finance corporation after deleting a recommendation that Federal Reserve Banks should extend liberal credit to farmers.
FARROWÉ BANK SUSPENDS PÄYMENT.
LONDON, December 20.
Farrow's Bank has suspended payment.
KWANGTUNG COAL.
A BRITISH MONOPOLY ?
INTERESTING REPORT.
the holder, of all present and concessions of which work bas
The Govern not been started. ment further obligates itself to render all assistance as it is able to enable the company to acquire at a "reasonable price" the concessions or mining rights of companies which A long article in the Far Eastern now are working their properties on Review based on a report from its a commercial basis and consequently Peking correspondent that an agree- cannot be forfeited. The agreement ment has been reached between a specifies fifty different companies and British syndicate and the Canton the grants on which they have Government, whereby the former started work in the province. It secures a coal monopoly in Kwang-names six others and their grants tung Province, contains the following on which work has not started and which are subject to forfeiture. interesting passaZES
governor,
The agreement which is dated The agreement specifies that the new "ninth year of the Chinese re-syndicate shall conform to the local moon mining laws but shall not pay any public, 23rd day, 4th (April 23, 1920), is signed by Mu bigher duties than does the Kailan
Mining Administration, military Yung-hsin, DAYS
Kan-tong, civil The syndicate is to have a nominal : and Cheung
governor, with their private chops capital of $10,000,000, Hongkong 1,000,000 and official seals for the Government, currency, divided into and by Major Louis Cassel (retired), described in the agreement as "an officer of the Most Excellent Order of the British Empire," and Sam Pak-ming, a resident of Hongkong, for the other contracting parties,
AH MEN AND HING CHEONG
TAILORS
DRAPERS AND OUTFITTERS have REMOVED to
No. 54, QUEEN'S ROAD CENTRAL.
WHISKIES.
Johnnie Walker Red Label. MacGregor's V.0.8. Extra Special Finest Liq near. Johnnie Walker Black Label.
CALDBECK, MACGREGOR & CO., LTD.
15, QUEEN'S ROAD CENTRAL
When you want to buy
TEL 75:
-DIAMONDS, WATCHES & JEWELLERY
do not forget that you have to take more care in the choice of your dealer than you would with other merchandise Buy reputable goods from a reputable Arm
3. ULLMANN & CO.
French Brig E 1860.
shares. Half of these are to be known as " A shares" which are to be disposed of by four directora of British nationality. The remaining. half are classified as "B shares and are to be considered as "fully paid In return for the payment of up." The agreement specifies - what $1,000,000 in Hongkong currency, disposal shall be made of 200,000 of in two instalments of $100,000 the "Bshares,” and allots the remain- and $900,000, and the carrying ing 300,000, representing $3,000, out of certain conditions specified 000, to three directors of Chinese in the contract, a syndicate, to nationality. Half of the 200,000 known as the Kwang Tanghares are to be divided equally for Colieries, Limited, secures the coal the benefit of the poor and the mining monopoly fa Kwantung pro- educational institutions of Kwang- vince for 90 years or more. This tung province.
be
much is plainly specified in the agree The syndicate is to be controlled ment. Those who have studied the by seven directors; three of "European documents say they are so werded nationality" elected by the holders of Chinese that the syndicate also can take-over “A shares," three of
all railroad, highway, or water transnationality elected by bolders of B shares, and one of "British portation at any time, siving it practi-
cal control of the province. The nationality elected by the preceding agreement specifies that the syndicate six. The staff is to have a European manager. European engineers and must be in British control
The agreement gives the syndicate supervisors, a European secretary, a the coal concessions to the districts Chinese secretary and Chinese miners specified as Nam-hoi, Pan-u, Tung- and labourers, the latter so far as koon, Pe-on, Samui, Fa-yuen, Ying possible natives of Kwangtang tak, Young-shan,Lin-yuen, Kuk-kong, province. Ching-yuen, Lok-choong, Yue-yven Yan-fs, Cheching, Nam-hang, Fat kong, Yungyuen, Koming Trang sking, Tsung-fa, etc. The ab breviation etc." is believed to cover any districts not mentioned
WHOOPING COUGH.
HEN, your child has hooping enage be careful to keep the
by name. Na further concessities cough loose, and expecturation easy. Or to prospect or mine, not specifying giving Chamberlain Cough Remedy M coat sinne, are to be given to 80% may be required. "This remedy.wil sien other individuals or companies in the liqniferthe. ip gh mucus and stake 15 same districts.
“esaler to expectorate, It has been used roccessfully in many epidemies and as it other injurious safn. For mis
1. The syndicate sise becomes the owner of all coal mines in the prov Ince which are not being worked at
contains no narcotic
December 21, 1919, Tamperature 60,
日二十月一十申庚農年九國泰中
THE DOLLAR,
To-day's closing fate 31 3:16
Today's opening rate 313 15
EARLIER TELEGRAMS
(Rester's Service to the China Mail.)“
SINK FEIN TERRORISM.
LONDON, December 18th. General Macready has issued a pro- clamation that he is Fally, empowered to restore order in the martial law areas in Ireland. The Forces of the Crown have his support, provided that their actions do not exceed what is reasonably neces
On the other hand stry to secure order. troops committing offences against per- sons, or the property of sidents, house- breaking or plundering, are liable to the death penalty.
CHINA IN LEAGUE OF NATIONS.
LONDON, December 18th. Geneva messages show that a surpris- ing feature was the unexpected strength of the support to China's election to the Council of the League.
The votes for China far exceeded the toml cast for Rumania, Sweden and Czecho-Slovakia, who were also candi- dares for selection
It is believed this was partly due to the excellent record of Dr. Wellington Koo at the Assembly, and partly to the members accepting the recommendation to vote for one Asiatic country.
THE SHANTUNG PROBLEM.
Dr. Wellington Koo has informed the raise the question regarding Shantung în' Assembly that China does not wish to the current session but reserves the right to bring up the matter later.
CHINESE MINISTER IN LONDON.
LONDON, December 18th.. Mr. Alfred-Sze, who was granted an audience by His Majesty the King, pre- serted his letters oPrecs!!. Her Majesty the Queen' received Mr. Alfred and Madame Sze.
P. & 0. S. N. CO.
ANNUAL MEETING.
SATISFACTORY ANNOUNCEMENT.
At the eightieth ordinary general meeting of the Peninsular and Orient- al Steam Navigation Company, held on Dec. 8, at li a.m., the directors. alter providing for the usual dividend. at the rate of 5 per cent. per annunt on the preferred stock, less income UK were to recommend a dividend on· the deferred stock of 6 per cent. for. the six months, together with a bonus at the rate of 3 per cent, both free of income tax, making, with the in- rerim dividend of 6 per cent. paid in May, total distribution on the de- ferred stock of 15 per cent. For the year. They also, propose to make a distribution in the seighbourhood of £205,000 of deferred stock to the deferred stockholders whose names are on the company's register on Nov. 23, 1920. Dividend warrants will be posted on Dec. 14. In the core- sponding period of last year the Bnal dividend was 6 per cent., making 12 per cent. for the year, no bonus being paid. There was then allotted to de- ferred stockholders £190,705 of de- ferred stock at par.
This satisfactory. announcement caused a sharp rise in the market quotation of the deferred stock of the company.20 495. On that basis the value of the stock boats is reckoned as being approximately 25 per cent., which would make the total distribu- tion to the stockholders 40 per cent. There was subsequently some re- action.
Stockholders in the Peninsular and Oriental Steam Navigation Ce.. are naturally well satisfied with the dis- tributions just announced in respect of the past financial year, says the L. & C. Express. The final dividend of 6 per cent. makes 12 per cent. for the whole twelve months; in addition,
a cash bonus of.3 per cent., together. with a stock bonus equivalent to ap proximately 6 per cent are to be paid. For 1918-19 the company paid 12 per cent, with a stock bocus our of the reserve fund equal to about § per cent, so that the 1919-20 dis- tributions represent an increase of 3 per cent. in cash, free of tax. The price of the Deferred stock of the company has been going upwards for some time, and the present, dividend- announcement has resulted in a fur- ther-sharp rise. It may be pointed out that even the present quotation P. and O. Deferred stock gives the investor a return equivalent to more". then. per cent on the purchase, assuming that the present rate of dis- fribution is maintained, an assump for which is certainly justified by the company's very conservative policy with regard to dividend distributions throughout its history::
JEYES
By Royal Appulationtest) THE BEST DISINFECTANT."
PRICE $3.00 Per Month
BUSINESS NOTICES
GIFTS
WORTH, THE
GIVING
Are
At to be obtained
SHAW'S. The high class Men's Wear House. The selection
is Absolutely Unrivalled and
Everything Bears the hall
mark of
Quality and Dependability.
J. TELL
T.
SPECIALIST IN
MEN:S
A
WEAR
TEL.
NEXT DR HONGKONG HOTEL.
WE ARE NOW CARRYING STOCKS OF HIGH CLASS
·DUTCH HAVANA CIGARS
THE PHARMACY 22, Queen's Road.
Tel 345
Tel. 845
THE GENERAL ELECTRI) Co. (of China) Ltd
QUEEN'S BUILDINGS, HONGKONG.
Telegrams "Sparkless'
Telephone 518
HEAD OFFICE: SHANGHAI,
(BRANCHES AT HANKOW, DAIREN AND
TIENTSIN.)
Representative Thrwgboat Chim for and affiliated with THE GENERAL ELECTRIC CO., LTD, LONDON. Witten Engineering Works, kuningham
(Alectical Plani, Motors, pagados, Switch Gest, etc) Oxam-GEC Lamp Worka, London
(Draws Wires & Cubes Miament Lampe, Radiator Lis Filter & Coiners Engineering Works, Ltd, Ruth' (Steam Turbu Sela, Corresajani Mining Misaka) Pizili-General Cable Works, Southampton
・・ Tables, Wives, Poexibles, Inwchting Materials, Tapos.) Chamberlain & Kooktam, LPA. Stresingham,
Dieters for House service, Powerami Traction Purposes..) Balferd Electrical Co. I25. Manchester,
(Electrical Instruments of All Descripticus Y Poal-Corner Kelephone Works, 111, Coventry.
Complete Telephone installations, Switch Board, Telephones.) Comer Magustos & Lenistan, Co., Ltd, Coventry.
(afarretos for Cars and Aeruplanwa)
Lift Co, Ltd, Lendon
(Electric ramengem & Cargo Lifte
37 PES HUÉ CRrbon Works, Birmingham.
PAPER, Sur-power Motors, Carbon Braham.)
Art Metal, and Steel Conĉu's Warka, Birzaingham
(Lighting Pizures, Steel Coats and AccessoTHEN,)
LARGE STOCKS CARRIED IN CHINA OF ALL ELETRICAL MATERIALS AND ELECTRICAL MACHINERY..
Mr. Arthur C. Diss has arrived from London with a largè consigumi of all the latest materials including-Black and Eine Costing and Tweed Suitings-Flamel Overcoatings-Fancy Werrted Beal Harris-Best Shetlands-Erinaghs-Connemaras- Donegale Eumproof (Eclaro)-&
We guarantee West End cut and fit--
BROS. DIS
Alexandra Buildin
DONNELLY & WHYTE
Tel 686,"
"WINE: MERCHANTS,
THES
HANDLEY PAC
MULTIPLE ENGINED – BIPLANES
HANDLEY PAGE ET
Cricklewood, London N. W
Sole Agents for China:
PEKING SYNDICATE LTD.
Sub-Agents for "Long
WARELOXER