THE HONGKONG TELEGRAPH.
THURSDAY
NOTICE.
EARLIER TELEGRAMS.
The Victrola Means a Merrier Christmas
There is something really Christmassy about the Victrola: it brings with it happiness for all the year.
Like the old-fashioned fireplace. it becomes a rallying point for the whole family. And as for true Christmas spirit-nothing is more welcome than Victor Records. when they are chosen with the particular taste of the recipient in mind. We can help you choose just the Victrola that will delight the folks. Drop in today and hear some of the world's greatest artists, perfectly reproduced by Victor Records.
S. MOUTRIE CO., LTD.
SOLE VICTOR AGENTS.
TEL. 527.
JAMES STEER.
9, ICE HOUSE STREET. WATCHMAKER AND JEWELLER.
CHR IN METERS. CLOCKS, WATCHES AND NAUTICAL. INSTRUMENTS REPAIRED UNDER M-
TEL. 2877
PERSONAL SUPERVISION.
TEL. 2877.
Fine Selection of Goods Suitable
: FOR
XMAS & NEW YEAR
Cutex Sets Manicure Sets Colgate's Gift Boxes Etc.
PRESENTS.
INCLUDING:
Coty's & Haubigant's Perfumery Hair Brushes & Combs
Pipes & Vacuum Flasks
Etc.
at Moderate Prices
COLONIAL DISPENSARY.
14. QUEEN'S ROAD CENTRAL, HONGKONG.
Tel. No. 1577.
E. HING & CO.
SHIPBUILDING MATERIALS, SHIPCHANDLERS AND
HARDWARE MERCHANTS.
PHONE NO. 1116.
25, WING WOO ST CENTRAL..
LENGTHEN THE LIFE
OF YOUR PIANO
by having AN EXPERT do your tuning REGULARLY at a small annual foe
TSANG FOOK
Tel. No. 2127.
PIANO CO.,
94. Wanchai Road.
Continued from page 23 SENSATIONAL BANK
FAILURE.
DECEMBER 23, 1920.
SHIPPING NEWS.
AMERICAN TRAND STEAMERS, The U. S Shipping Board in- tends to develop business by means of tramp steamers.
PS. NAVAL ESTMIATES It is proposed to spend G.$658.- 009,000 on the United States Navy during the next financial year.
London, Dec. 21. A startling development followed the closing of Farrows' Bank.:
his hous at The Managing Director, Farrow, was arrested in Hastings, and Frederick Hart, one of the Bank's auditors, was arreste
PROPOSED JAPAN-JAVA LINE, ed in London. Although the failure of the Bank is quite unimportant,
A plan is under discussion in from a banking viewpoint, and the position of all the leading Banks Japan for the inauguration of a is thoroughly satisfactory, it means a cheerless Christmas for direct shipping service between thousands of people of small means who invested their life's savings Japan and Java. in the Bank. There were pitiful scenes outside the Head Office, many women depositors being in tears.
10
C.POS. AND BRITISH MAILS. Later.
The dispute in regard Crotch, the Deputy Chairman of Farrows' Bank, was arrested in Payment having been settled, the West End at 2 am this morning. Hart and Crotch appeared at ships of the C.P.O.S. will in the Mansion House Police Court charged with publishing. with future carry British mail matter.
CHINESE SEAMEN MUTINY. FATTOW, & falso report and balance sheet, and were remanded and bailed out, Crotch'in £40,000 and Hart in £20,000. The prosecutors, In a mutiny on the British s. said that a shocking fraud had been perpetrated and the Bank was | Elm Leafat New Orleans recently, hopelessly involved. The annus! lasses for the last nine years ex-eleven Chinese were wounded in ceeded £1,000,000. The accounts had been manipulated to show af pistol right with police officers proft. It was emphasised that the failure was not due to war or post-war conditions.
ANGLO-RUSSIAN TRADE.
London, Dec, 21.
The hope that the Russian marker would shortly he opened to British trade, thereby helping to reduce unemployment, appears, ac cording to the latest Information, to be dogmed to disappointment Sir Robert Horse and Mr. Walter Long had an interview with M. Krassin yesterday. It is understood the prospects of the ratification jof a trade agreement by the Anglo-Russian Governments is in no wise! roar owing to the disinclination of the British Government to make i further concession. Mr. Lloyd George is seeing M. Krassin to-day.
ULTIMATUM TO D'ANNUNZIO.
Rome, Dec. 21.
FREIGHT PREDICTION. The Chairman of the Board of Governors of the Cunard Line prediets that the fall in freights | will continue for two or three)
years.
SEATTLE'S TRADE WITH CHINA.
The trade of Seattle with hins last year reached the of sum nearly 100 million dollars (gold.) The record year was 1918 with G. $108,500,000.
NEW YORK COMPANY'S INSOLVENCY.
The Standard Steamship Con- pany of New York has gone into aquidation, the liabilites being about (1.$650,000.
SHIPWRECKS OFF BRITISH BLES.
Violent storms Struck th British Isles on December I and December 3. causing MANS General Caviglia, commanding the Italian forces around Fiume.shipareeks, great damage to haa sen; D'Annunzio an ultimatum expiring at six o'clock to-morrow property and mută loss of life. evening, demanding disbandmen; of D'Annunzio's forces in Fiume, the evacuation of the Islands of Arbe and Veglia, which belong to Juga Slavia, and the surrender of the Italiani war material in Fiume.
EVACUATION OF CILICIA.
Paris, Dec. 21.
NEW STEAMER SERVICE. The Royal Mail Steam Packet Company announces that it will establish next spring a passenger and freight service between New York and Southampton. Chez- bourg and Hamburg.
ARGENTINE LAW REGARDING
DESERTERS.
Premier Leygues indicated before the Finance Commission that! Should a seaman desert from a the Government contemplates evacuating Cilicia after coming to an¦foreign ship at an Argentine port, agreement with Turkey and Kema! Pasha, demanding guarantees the master of the ship or the| ; against "massacres of the Armenian population. The Commission shipping company. No: the
approved the Premier's declarations and passed credits for Syria and juftender, is fined $1,000. Cilicia.
EXCHANGE TRANSACTIONS.
Washington, Dec. 21.
The Treasury and Federal Reserve Board, with the approval of the State Department, has removed the restrictions on the exportation of coin bullion and currency to Sovie, Russia on dealings or exchange transactions and credit or exchange transactions where Soviet Russia is concerned.
WAR FINANCE.
Washington, Dec. 21.
DEMAND FOR OBSOLETE KRITISH) WARSHIPS.
Continental shipbreakers, are keen in competition to secure obsolete British warships. in view of the great scarcity oil scrap metal on the Continent.
BRITISH SEAMEN AGAINST NATIONALISATION.
By an overwhelming majority. the annual conference of he British National Sailors and Firemen's Union decided against the proposal to nations ise British shipping.
LOWER P. & D. FARES
FORECASTED. Addressing the shareholders of 2 The Senate has accepted the House of Representatives amendment the Peninsular & Oriental Com- to a joint resolution directing revival of the War Finance Corpora-pany. Lord Inchcape, the chair- tion. The measure now goes to President Wilson, who is ex-man, said that passenger fares pected to veto it.
A NEW AMERICAN COMBINATION.
Washington, Des. 21. The Inter-State Commission has authorised the consolidation and) transportation of the business and properties of the Adams, American;į WellFargo and Southern Express Companies into one company styled the "American Railway Express Company."
GENERAL ELECTION IN SPAIN.
Madrid, Dec. 21.
The general election in Spain resulted in an overwhelming victory for the present Conservative Government.
MARINE STEWARDS STRIKE.
Melbourne, Dec, 21.
Over 100,000 tons of shipping is now idle owing to a strike of marine stewards for an eight hour day, supported by the transport workers. The situation is graver than in any previous stoppage. Tasmania, is isolated, 15,000 tourists are affected, while disruption of communication between Australia and New Zealand is threatened.
UNEMPLOYMENT.
London, Dec. 21.
would be reduced to an económic level as soon as possible, box at! present the company was carry- ing passengers below cost. Sir Charles Addig, manager of the Hongkong & Shanghai Bank, bas been elected director of the Peninsular & Orientai Company, in succession to Lord Cunliffe.
·PANAMA CANAL TONNAGE. The aggregate Det tonnage. Panama Canal measurement, of the commercial ships passing through the cauzlinthemonth of September, 1920, established a new high record. It was 1,008,785 get tous, as compared with the
tons. in August, 1920. Septem previous record of 951,345 nat
ber, 1920, is the first month in which as high as $1,000,000 in rolls has been levied. The tolls earned in September were $1,010,- 166 38, as compared with the previous record of $935,209.44 in August.
PEARY'S POLE FLAG DRIFTS. The American flag which Com- maoder Peary planted at the North Pole has been found 400 miles-away-from-itw originat geographic point. After.ati ex pedition of 16 months in the Arctic regions, full of privation, and hardship, Capt. Godford Hanson, loader of the Amundsen auxiliary, bas returned to Copenhagen. He stated that while Jaying food depots along the Amundsen, trail ha found, 400 miles from the North Pole, intact, in the fce, the Peary flag. Capt. "Hansen believas that Australis in their second innings scored 581, of which Armstrong Amundsen will be successful in was credited with 158 and Kelleway 78. At the close of the day's his dash for the North Pola play England had compiled 47 for one wicket.
Washington Post.
The Cabinet is establishing a committee of business men under Lord St. Davids to deal with unemployment.
THE TEST MATCH.
Sydney, Dec. 21.
NOTICE.
LANE, CRAWFORD & Co.
XMAS GIFTS
FOR
LADIES
SILK HOSE
GLOVES
HANDKERCHIEFS
SCARVES
PURSES
UNDERWEAR
GARTERS
VANITY BAGS
JEWEL BOXES
Open this week until 6 p.m.
LANE, CRAWFORD & CO.
The Finest Liqueur
Watson's
OLD BROWN BRANDY
25 years in wood.
A. S. WATSON & CO., LTD.
Phone 615.
XMAS AT WHITEAWAYS
SHOP IN COMFORT
Our first floor Showroom is now open and this bas enabled us to just double the size of our different departments, besides giving ample room to display the Splendid Values we are now
Tering for Xmas."
QUALITY THE HIGHEST
PRICES THE LOWEST
LADIES HANDBAGS.
We have a Very Special Show
J
of these useful articles which
make most excellent Gifts. We can supply you these in silk or Ieather in plain or fancy styles.
$3.95 to $35.00
FANCY HANDKERCHIEFS.
Fancy Embroidered handker- chiefs for Ladies. Fut up in nice
boxes. 3 and 6 in a Box.
From 50cls a Box,
to $4.50-a-Box.
Your Xmas will not be complete without a visit to our Store. So come. You will not be pressed to buy.
WHITEAWAY, LAIDLAW & CO., LTD.
29, Des Vœux Road Hongkong,