HONGKONG
PENINSULA HOTEL:
HONGKONG HO: REPULSE BAY HOTEL:
A
PEAK HOTEL
and
SHANGHAI
ASTOR HOUSE: PALACE HOTEL:
HOTELS
LIMITED,
In association with the Grand Hotel Des Wagons Lits, Peking.
first class
Hotel
Penang
The Scanic Gem of Malaya
Runnymede
Modern
throughout and beautifully Situated
Hotel
Malaya's Premier Hotel
Food and Wines especially good.
AFTER-DINNER DANCE
Every Thursday & Saturday-Orchestra Dally.
CABLES "RUNNYMEDE"
RUNNYMEDE HOTEL, LTD.
Most Modern Hotel
in the
Far East
George Goldsack, Manager.
When in-
SHANGHAI
Make your headquarters at the
Cathay Hotel
Cable Address: CATHOTEL”
2.50
Rooms and Suites
Each with Private Bath
Special Summer Rates, May to September
CATHAY HOTELS, LIMITED
LIPTON'S FAMOUS TEAR
TRY. LIPTON'S
NEW PACKET TEA
CEYLONTA
FROM ALL COMPRADORE STORES
GREEN
CEYLONTA
CH TEA
LABEL
Agents:-W, R. LOXLEY & CO.
CHINA UNDERWRITERS, LTD.
MONEY ADVANCED ON MORTGAGE
OF PROPERTY LOANS ON
LIFE
INTERESTS AND REVERSIONS.
LOW RATES OF INTEREST.
Hong Kong Bank Building. Telephone 28121.
Chiliza thriva, well # nourisland by SCOTT'S Emulsion which en- riches the blood and prevents childhood ailments. Ask for
SCOTT'S Emulsion
THE HONGKONG TELEGRAPH
MONDAY, OCTOBER
CONTRACT BRIDGE
By W. E. McKenney
It is rather unusual to see the declarer squeeza himself, but clever defence in the following hand brings about this peculiar situation.
AQ-J-10
9-7 +A-K-L-8.6-5 $5.7
AK-8-4-
[NOATA)]
2
49.5-8.
3
MA-Q-J-
10-5
+Q-10
Bealer
5 16.3
+7-3-2 4A-B+4+
40.5 SOUTH
3
MA-7
❤K-B-4-2
$9.4
4K-J-10-9-2
The Bidding.
347
The hand was played at con- tract and South opened the bid- ding with one club-a rather werk opening bid. West over-called diamonda and South wont to two No Trump. North bid three dia- monds and Soath went to three No Trump.
The Play.
West had the opening lead and played the queen of hearts. Do- clarer refused to win the trick, preferring to hold off for at least one more round,
West well reasoned that it might be better to let the declarer run of his diamonds. It might embarrass the declarer for dis- cards, especially as West would be able to discard after the declarer --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's queen.
Four more rounds of diamonds were led from dammy, East fol- lowed with one diamond and then echned In clubs by playing the aight and then the four spot. His next discard was the three of spades. The declarer was forced to discard threo clubs and a spade. Weat discarded two apades, a heart and a club. The declareri 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 West won the trick with the 10.
It was rather easy for West to get a reading on the South hand, 80 before cashing his ace of hearts, he led a small spade, dum- my played the 10 and East the Ave, and South was forced to win the trick with the ace. He then cashed his king of clubs, Wost discarding the king of spades, but South must now lead a heart into West's aco 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 easy double dummy to make three No Trump with the North and South hand, but if Weat 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 contract.
Th
THE PAWLEY PARLEYS.
NEGOTIATION HELD UP BY VIOLENT THUNDERSTORM Newchwang, Oct. 1.
A violent thunderstorm, with heavy rain and vivid lightning, has again turned the paths into quagmires, 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 these unfavourable condi tlona prevail ILL the prosent moment, as it was hoped that the more rapid journeys to and from the bandit inir might speed the negotiations.-Router.
SALESMAN SAM
HERE YA ARE, BOYS, AN' you, "Tog, CAP-TH' CIGARS ARE ON ME!"
BORED
BULLETIN
SO'ER WE'
THE Cops
CIGARS! 'WHAT'S TH' BIG IDEA — YOUR.
BIRTHDAY?
1932.
CHINA REALTY COMPANY 8% DEBENTURES 8% INTEREST VS 6% INTEREST MEANS ONE THIRD MORE INCOME
A
matter
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 6 means a third more whether it be hairpins or lacs of dollars. But when it is applied to interest 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 $100.00 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,
~--CUT OUT & MAIL TODAY.---
China Realty Company,
Secretary,
70, Szechuen Road, Shanghai. Dear Sir,
issue.
Please send me without obliga tion on my part a copy of your Inst balance sheet and other information regarding your 8% debenture
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 on 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
70
CAPITAL TAELS 5.000.000.00 FEDERAL INC., U. S. A.
THE REAL ESTATE MARKET PLACE OF SHANGHA
S.-Z E CHU E N
The Cap Is Wrong!
1.DON'T THINKSO, CAP! WHEN I RE~)I GOTCHA! DID
PORTED THIS A.M. I FOUND 'EM IN A PACKAGE ADDRESSED TÄ ME!.
SOMEBODY A FAVOR AN' THEY WANTED TO EXPRESS THEIR
-Thanks, Huh?
N CHAI
H
By Small
NOPE THEY SENT EM BY PARCEL POST!
NOTICE
EVERY COP MUST BE A MEMBER IN) GOOD STANDING (OR SITTING) OF THE
ORDER OF BATH?
NO A