-10
President
kinerS
SPECIAL SUMMER ROUND
TRIP FARES.
Hongkong Residents will be interested in the news of greatly reduced Summer Round Trip Fares to AMERICA *and JAPAN.
TO AMERICA these rates are available on "President" Liners sailing between June 1st and July 31st. Final rotum limit September 30th...
Tit Class Tourist Class
U.S.$432.00 U.S.$240.00 U.S.$360.00 U.S.$196.00 Hongkong to San Francisco and return U.S.$450.00 U.S.$240.00
Hongkong to Victoria and Seattle and
return
Hongkong to Honolulu and return
Fores on s.s. "President Hoover" and "President Coolidgo" slightly higher,`
TO JAPAN fares apply from June 1st to September 30 with return limit October 31st.
Hongkong to Kobe and return Hongkong to Yokohama and return
Frequent sailings
For further particulars' apply
DOLLAR STEAMSHIP
First Class H.K.$225.00 H.K.$255.00
LINES
AMERICAN MAIL LINE
PEDDER BUILDING-HONGKONG. CANTON BRANCH-No. 4 Shakee Street.
BARBER-WILHELMSEN
LINE
MONTHLY SERVICE.
SAN FRANCISCO
Queen's Building.
Το
1
THE LONGKONG. TELEGRAPH. FRIDAY, APRIL 13, 1934.
NEW YORK STOCK RADIO PHONES ON
EXCHANGE
VESSELS
REPORTED
YESTERDAY'S MARKET GROWING POPULARITY
STEADY
The
According to Mesure Swan Cul-
London, April 12. bertson and Fritz, the Now York
At the annual meeting of Mar- market was stendy yesterday. Husi conf's International Marine Com neas done 1,830,000 shares. Wall Street Journal
roporta pany to-day, the Chairman referred Stocks were irregularly lower with to the rapid progress made in Hight trading except on a dozen or equipping ships with wireless tele so preferred isnuen which 1000 anphony. much as aeven points including The Company, he said, continued American Beet Bugar and Curtiss to co-operate with the General Peat Publishing Co. Silver issues declin Office in developing a wireless tele ed due to recorn investigation of silver holdings
phone communications network. and commitments. The undertonu was firm but the For some time past it had been market lacked incentive due to big possible with small-powered wire. tradors holding aloof pending clari-loss telephone Installations on fication of the Regulations Bill. craft at sen some distance from Curbs were up and moderately active, land to communicate direct with led by specialties and utilities. Speculative bonds reached the highest telephone subscribers on shore, level for the year on a heavy turn while it was common knowledge ovor. High grades were firm due to that from large ocean-going vessels keen institutional demand, U.S. Gov- perfect conversations could take ernment bonds were mostly higher place over thousands of miles be- and Foreign bonds were irregular,
tween passengers and subscribers on shore.
Der Now York office cabler-- Stocks: Continued to move in a
The Chairman also referred to narrow range awaiting news develop the increasing popularity of the
Wheat: Tired holders fi menta. quidated on Washington uncertainty. Marconi sounding device, whereby News is secondary but the general merely by pressing a button anyone outlook favours buying on any fur-could ascertain instantaneously, ther dips. Cotton: "Lower on re-and without loss of time or spoed, parts that the Bankhead Bill provides the depth of water under the for an excess tax on cotton when vessel.British Wireless. Hold instead of when kinned, ani threatened strike in automobile tool plants. The President is reported to
Kirongly Aguinst current in- flutionary tncasures but it appears these are gaining headway. Trade price fixing continues. Rubber: The undertone is firm with profit-taking rendily absorbed. Large potential consuniers are buying while deniera are reported short Sugar: Ap parently well liquiintel with poa- silility that it will move upward on favourable Washington legislation. Silver: Look for non-appreciable change in either direction until some definite indication of Washington action is apparent. Dow Jones N.Y, Averages,
.30 Industrials
20 Rails
20 Utilities
40 Bonds
Apr. 11. Apr. 12.
105,16 104.80 60.28 40.04
25.85
34,46
26.15 04.06 63.35
11 Commodity Index 53.80
The following market closing prices are quoted subject to con- firmation as to geturacy in trans-
mission.
Apr. 21, Apr. 12.
10 10
Paciflo
LOS ANGELES
Panama
BALBOA
CRISTOBAL
NEXT SAILING.
M.V. "TAI SHAN"
UR
18th APRIL.
EXCELLENT ACCOMMODATION
FOR 12 PASSENGERS.
DODWELL & CO., LTD.
Agents.
Telephone 28021.
LLOYD TRIESTINO
FLOTTE RIUNITE LLOYD TRIESTINO MARITTIMA ITALIANA-SITMAR A
FAR EAST-INDIA-ITALY.
Express Passenger Service,
·S.S. "CONTE VERDE" for Shanghai
Freight Service.
S.S. "CLARA CAMUS" for Italy via ports. 11th May
DODWELL & CO... LTD.
Agent.
Atlas Corporation. Baltimore and Ohio 30%
CONSTRUCTION COMPANY
LOSS REPORTED FOR LAST YEAR
:
The annual report of the Hongkong Engineering and Construction Co Ltd states that the loss for the year, after charging $10,957.60 for depreciation and providing for Direc tors' and Auditors' fees, amonnis to $17,364.20. This amount, deducted from, the balance of profit brought forward from last account, $98,055.11 leaves a total of $71,800.85, which it is recommended should be carried forward to the credit of next year
necount.
CONTRACT BRIDGE
By W, E. McKenney
Solution to Previous
Contract Problem.
Only too often players will com plain, of their bad luck, when it really is their poor playing. Slam contracts are not easy to mako... that le why such large premiums are offered for slams successfully bid and made.
If you make every slam you bid, then you are not bidding enough slams you are too conservative. To-day's slam might be termed an
4
✪ 10 9.7 4 8.
צו
悦
THE
FUNNEL
BLUE
LINE
REGULAR AND FAST. PASSENGER SERVICES
FREIGHT AND
LONDON SERVICE
DIOMED
AJAX
10 Apr.
25 Apr.
Casablancs, London, Rotterdam,
Marseilles, London, Rotterdam,
LIVERPOOL SERVICE
A K100
AQJOTZ WAS
8754 K10
N
B
Denter | 643%
$1103 ❤KQJ8E
AQES Duplicatę—All vol, Opening lead—ė Q.
· LYGAON
South
West
North
Para Pas
Pasd PASS
Pas FARS
10
optimistic bid, but there is one chance to make the hand and, if you do not take that one oppor
luck.
unity, don't complain of your "bad
The Bidding
1 May
NEW YORK SERVICE
THEMIUS
Hamburg & Holl
Bamberg & Glasgo
Havre & Liverpool
10 May Boston, New York, Philadelphia & Baltimore vin Manila, Straits & Buen
PACIFIC SERVICE
IXION
19 Apr., Japan, Vidoriu, Seallis & Vancouver LIVERPOOL SERVICE.
IXJON
Duo 14 Apr."
From Pacific Count vin Japan & Shanghai MENELAUS Dis 22 Apr. From U. K. via Strelja
Specially reduced fares are quoted for cargo niesmors with
limited passenger accommodation.
For freight, pusage rates and information apply to the
ander-mentioned.
Agents,
North's bid of two hearts over West's bid of one spada is much more than a chance-giving bid, be- BUTTERFIELD & SWIRE. cause, remember, West has kept the bidding open, so North's call is practically the same as a three- Directors-Sir Robert Ho Tung, heart bid would have been, if there
and St Elly Kadourie, K.B.E. | had been no intervening bid. retire by rotation, and, being eligible offer themselves for re-election.
Auditors. The accounts for the year have been audited by Messt, Lowe, Bingham and Matthews, of this new feature is made with Chartered Accountants, who, being the idea of locating a home for the uligible, offer themselves for
1 case there might be n alection.
This is the "Leeway Principle" of the Sims system.
FL.
Now, when South bid three clubs, he is showing a new feature to his hand-ho knows that the safety of the hand is hearts, and the showing
When North blds three diamonds, he also makes a constructive move toward a slam by showing another feature in his hand, and this can be done safely as ho has a fit in clubs. South now knows that he has at least a gamble for the slam. The Play
West's opening lead is the queen of spades, which South wins with the ace.
South can see that, if the club finesse works, the contract is made, but he must try to uvold this finesse If possible, in case it "fails."" This can be accomplished if West holds the ace of hearts.
The ten of spades is ruffed, de- clarer returning to his own hand with the queen of diamonds. An- other spade is ruffed. The ace and king of diamonds are 'cashed, two clubs being discarded. The ten of diamonds is played next, South
Atlantic
NEW YORK BOSTON
Adams Express Alaska Juneau Gold' Mining Company
2172
314
Allied Chemical and
Dye...
1624
Ung.
American Can ....... 105
104
American & Foreign
Kennecoil Copper 21%
212
Pawer
10%
ID4
Lohman Corporation 741⁄4
74
American Metal
2614
20%
Liggett and Myers
American Smelling.
44%
4424
"B".
935
9214
Amarican Tel and
Loew's Inc. ..
337%
36
Tel.
119%
12015
Lorillard P. (Com.) 17%
American Tobacco
མ་
Montgomery Ward
25%
1739 12
73
13
National City Bank
American Water-
(bid price)
20%
20
works
20%
Anaconda Copper..
17
214 17%
National Distillers.
31
30%
New York Central. 36%
304
Auburn Automobile
62
61
North American, Co.
10
10%
13%
13%
Owens-Illinois Gina 87%
#7/*
30
Pacific Gas & Elec-
Bothlehem Steel
4302.
43
tric
19%
Borden Company
23%
23
Packard Motors
DA
Borg Warner
25
26%
Pennsylvanin Rail-
Canadian Pacife
rand
36%
10% G
36%
Railway...
£T
10%
Pennroad Corpora
Case, J...
724
tion
Chase National Bank
Phillips Petroleum. 20%
(bit price)
2014
20%
Radio Corporation.
赶
20%2 824
Chesapeake Corpora-
Lion
Reynolds Tobacco.
Columbin Gas
**' and
484 471
"B"
443!
Seara Roebuck
GOK
404% по
Electric
15
15%
Socony Vacuum Cor-
Chrysler Corporation 34% Commonwealth and
532
poration........
17
10%
Southern California
Southern
25%
24;
Edison
10%
19%
Consolidated Gas of
Standard Gas und
New York
374
084
Electric
123
127%
Continental Of
214
21%
Standard Oil Co. of
Coly Inc.**.***
7%
74
N.J.
48%
48
5th May.
Curtiss Wright Cum.
44
Du Pont de Nemours D8%
0735
Sterling Inc.
Products
07
G8
Burton Kodak
90%
02
Studebaker Corpora-
Electrle
Bond and
tion.
7%
Share
1074
17
Texas Corporation.
27%
#7%
Electric Power and
Transamerica ......
7%
63*
Light
OTS
74
Union Carbide and
Fox Film "A"
16%
15%
Carbon
45
General Aviation
64
Union Pacific Rail-
KOT
General Electric
221
Net
way
133
139
General Foods
14%
BAY
United Aircraft and
AKQ
General Motors
38% 38
Troux.
42715
23%
108 T
N
General Rallway
United Corporation 6
04
852
W
AHQJGB BYKO
Signal
42%
42
United Can Improve-
J 20 8.C
B JAQ
Gold Dust
21
216
ment
16%
16%
1004
Dealer [♣ J 087
Goodyear Tire and
U.S. Rubber
10%
20%
Rubber
34
3614
U.S. Steel
624
524
International
Universal Lent To-
ment
20%
30
bacco
40%
4014
International Iar-
Vanadium
27%
2014
Yester
42%
134
Warner Bros. Pic-
International Nickel
28
28%
tures
7/
7%
International Tel. &
Westinghouse E. and
Tai,
14%
14%
M.
38%
Johns Manville
58
57/2
Woolworth
52%
28%% 6214
Today's Contract Problem
Bouth is declarer at four hearts. True, he hasn't many ilckote, but that shouldn't discourage him from trying to make his contract—and it ean ho done. West opons a apade.
AADS
Prévent poisons breeding in your Own mouth!
Poisons as dangerous as the poison in the fangs of the serpent may be. created in the mouth, if particles of decaying food are allowed to remain in the crevices of the teeth..
All decay is caused by germs and bacteria, invisible to the eye. Science discovered Pebeco, the tooth paste which saves the teeth from destruc- tion and keeps them white and
attractive.
PEBECO
TOOTH PASTE
A British Product.
PERECO
FRECKLES AND HIS FRIENDS
HURRAH FRECKLES!
WELL-
LOOK WHO'S HERE
FOR
TH' PRIDE
OF
SHADYSIDE
WHOOPEE
GOSH! You
OUGHTA SEE WHAT
TH' PAPERS SAY
ABOUT YOU........ SWELL!
HOORAY FOR
FRECKLES
100 7 64-
05422
+452
Solution in next issue. 10
trumping with the eight of hearts. South now must lead a small
SHUCKS! I
JUST HAD A LOT OF LUCK,
I GUESS
KWN PREVENTS PYOKRHGAL
heart toward dummy's ten, hoping of hearts is returned. that, if West holds the ace and West is forced to win with the X of hearts, he will not go up on ace. Now he is helpless-!f_ho the first heart. West makes the leads a spade, the declarer will ruff careless play of a small heart, in dummy and discard the losing which is won in dummy with the club, while if the club is led, it is teu of hearts, and now the seven right into the declarer's ace-quoon.
A Discordant Note!
BOY, YOU MADE CRASH
LOOK LIKE A AMATCHER!
IS THAT
HIMF
Y65
TH' WAY SOU PUT OVER THOSE TOUCHDOWNS WAS GREAT!! WE'RE PROUD OF YOU!
HRAY!!!!!
WHOOPEE!//
HUMPH!
By Blosser
KOMOR & KOMOR
Art and Curio Exports.
ART COLLECTION
York Building.
Chater Road.
Komor's Gallery is a sight of Hongkong, an inspection is cordially invited.
NATURALLY, EVERYONE
HOLDS YOU UP AS A HERO,
SO GET OVER YOUR INFERIORITY COMPLEX AND) TAKE IT... WHY, EVEN CRASH CONGRATULATED YOU.... BETTER GET
ON HOME, NOW!
ALL RIGHT,
COACH!!
GRASH DAVIS' BROTHER “Puzzy"