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and
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ASTOR HOUSE: PALACE HOTEL:
HOTELS
LIMITED.
In association with the Grand Hotel Des Wagons Lits, Faking.
first class
Hotel
Penang
The Scerilc Gem of Malaya
Modern throughout and beautifully Situated
Runnymede Hotel
Malaya's Premier Hotel
Food and Wines especially good.
AFTER-DINNER DANCE
Every Thursday & Saturday-Orchestra Daily.
CABLES "RUNNYMEDE" RUNNYMEDE HOTEL, LTD.
Most Modern Hotel
in the
Far East
Gcorgo Goldsack, Manager.
When in-
SHANGHAI
“Make your headquarters at the
Cathay Hotel
Cable Addrea: "CATHOTEL”
250
Rooms and Suites
Each with Private Bath
Special Summer Rates, May to September
CATHAY HOTELS, LIMITED
LIPTON'S FAMOUS
TRY LIPTON'S
NEW PACKET TEA
CEYLONTA
TEAS
FROM ALL COMPRADORE STORES
GREEN
LONTA
TEN
LABEL
Agents:-W. R. LOXLEY & CO.
CHINA UNDERWRITERS, LTD.
MONEY ADVANCED ON MORTGAGE
OF
PROPERTY LOANS ON
INTERESTS AND REVERSIONS.
LOW RATES OF INTEREST.
LIFE
Hong Kong Bank Building.
-Telephone 28121.
THE HONGKONG TELEGRAPH. MONDAY, OCTOBER 3, 1932.
CONTRACT BRIDGE
By W. E. McKenney
but
It is rather unusual to see the declarer squeeze himself, clever defence in the following hand brings about this peculiar situation.
AQ-J-10 V9.7
+A÷K»l«8»6»5 -
CHINA REALTY COMPANY 8% DEBENTURES 8X INTEREST VS 6% INTEREST MEANS ONE THIRD MORE INCOME
A
45+7
matter
AK-8.4.
[NORTH
2
WA-C.J.
+9+0+8=
3 ¥6.3 +7-3-2
A-Buka
.
10-8 +0-10 Dealer |
40-6 SOUTH 3
4A-7
VK-8.4-2
+9.4
4K-J-10-9-2
The Bidding. 1
The hand was played at con- tract and South opened the bid. ding with ons club-a rather wenk oponing bid. West over-called diamonds and South wont to two No Trump, North bid three dia- monds and South went to three No Trump.
"The Play.
West had the opening lead and played the queen of hearts. De- clarer refused to win the trick, preferring to hold off for at least one more round,
that. It
West well reasoned might be better to let the declarer run off his diamonds. It might embarrass the declarer for dia- cards, especially as West would be able to discard after the declaror
so the next play by West was the 10 of diamonds which was won In dummy with the ace of dia- monds. The king of diamonds was then led from dummy which caught West'a queen.
Four more rounds of diamonds were led from dummy, East fol- lowed with one diamond and then echoed in clubs by playing the eight and then the four spot. His next discard was the three of spades. The declarer was forced to discard three clubs and a spade. West discarded two spades, a heart and a club. The declarer then led a small club from dummy which East won with the ace. A small heart was led by East, de- clarer played the four and Weat won the trick with the 10.
It was rather casy for West to get a reading on the South hand, so before cnahing his ace of hearts, he led a small spade, 'dum- my played the 10 and East tho fivo, and South was forced to win
the trick with the acs. He then cashed his king of clubs, West) discarding the king of spades, but. South must now lead a heart into West's ace jack. West thereby won the last two tricks which de- feated the declarer's contract one trick.
It looks as though it might be rather ensy double dummy to make three No Trump with the North and South hand, but if West refuses to lead a second heart, throwing North in the lead with a diamond instead, good de- fence will prevent the declarer from making his contraet.
THE PAWLEY PARLEYS.
NEGOTIATION HELD UP BY VIOLENT THUNDERSTORM
Newchwang, Oct. 1.
A violent thunderstorm, with heavy rain and vivid Hghtning, has again turned the paths into qungmires, thus imposing a fur- ther handicap to the success of the negotiations with the captors of Mrs. Muriel Pawley and Mr. Char- les Corkran.
It is particularly unfortunate that those unfavourable condi- tions prevail nt the present moment, as it was hoped that the more rapid Journeya to and from the bandit lair might spect the negotiations-Router.
SALESMAN SAM
of
Simple Arithmetic
"A" offers to the investing public the opportunity to invest funds at 6% interest.. "B" offers an investment with every advantage of "A" plus an assured return of 8% interest.
It's just a matter of simple arithmetic!
8 versus 5 means a third more whether it be hairpins or lads of dollars. But when it is applied to intercst derived from an investment it means a third more additional income.
Because we believe that the investing public should get a larger share than usual in the profits which accrue to modern business we pay interest of 8% on our debentures which are issued in denomina- tions of 3100.00 each, No sounder investment than these debentures can be, found because they are backed not only by sound and conservative real estate mortgages but by the entire assets of this prosperous company as well,
r--CUT OUT &~ MAIL TODAY-
China Realty Company,
Secretary,
70. Szechuen Road, Shanghai. Dear Sir,
Please send me without obliga- .tion on my part a copy of your last balance sheet and other information regarding your 8% debenture issue.
Name
Address
8% Interest
VS.
6% Interest means 1/3 more
income
The record of this Company--a record of success extending over a period of years-shows that we can pay 8% interest or our debentures, guaranteed by a conservative margin of safety, and make in addition a satisfactory profit for our shareholders. The money secured from the sale of our debentures is not used for speculative purchases of land but is loaned on good real. estate mortgages. We have in the past loaned more than 100 millions of taels in the form of mortgages.on Shanghai real estate and every cent of capital and interest has been repaid.
-This is No. 40 of a series advertisements issued. to interest Hongkong investors in the liberal investment opportunities offered by the China Realty Company, Shanghai,
CHINA REALTY COMPANY
ZECH
CAPITAL TAELS 5,000,000.00 FEDERAL INC., U. S. A.
THE REAL ESTATE MARKET PLACE OF SHANGHAI -\
UEN
R D..
SHAN
GHAI
CH 1
No A
Children thrive well if mbrised by SCOTT'S Emulion which en- riches the blood and prevents childhood alments. Ask for
SCOTT'S Emulsion
1
HERE YA ARE, BOYS, AN' YOU; "TOO, CAP-TH' CIGARS ARE ON ME!"
BORED
BULLETIN
30'ER WE' THE
caps
CIGARS! WHAT'S TH BIG IDEA - YOUR.
BIRTHDAY?
The Cap Is Wrong!
DON'T THINK SO, CAP! WHEN I RE~); GOTCHA! DID
| PORTED THIS A.M. I FOUND 'EM IN ÍSOMEBODY A FAVORİ.
A PACKAGE ADDRESSED TA MEI
AN' THEY WANTED
TO EXPRESS THEIR
THANKS, HUH?
By Small
NOPE — THEY SENT ’EM BY PARCEL POST!
NOTICE.
EVERY COP MUST"
BE A MEMBER IN GOOD STANDING COR SITTING) OF THE
ORDER OF BATH?
1932 UT HEA SERVICE.
1100 90