THE HONGKONG TELEGRAPH, MONDAY, MAY 81, 1948.
FOR YOUR SPARE MOMENTS
SIDE GLANCES
By Galbraith
COPA 19ES BY HRA SERVICE, DG, Y, OK ROG U. 1. PAT, OFF.
"All right,. If you want to start disciplining her--go right affoad and tell her who's boso!".
• McKENNEY
ON BRIDGE
.Extra Trick Is Won With A Cross-Ruff
By WILLIAM E. McKENNEY
TEN or 15 years ago tournament bridge was considered com- pleated, but today there is hardly a community that does not provide tournaments.
by
Today's hand was played Douglass Andress, secretary of the Montreal Bridge League, His part-
H. Benjamin, L
the Der was treasurer, I do not think West criticised for doubling. could be Nevertheless Andress made five.
of
He trumped the opening diamond lead in dummy with the four hearts and cashed the ace and king
Andress,
J71 KAIZ
**Q10 94}
84
N
03
QJ107
W
V5
E
J876
5
32
Dealer49653
AKE.
-tre
Benjamin
A 1052;
WA8 64/
None AKQ107
Tournament-Doth vul
Werl North Eart Double M
Double Pass
Opening--♣ G
South
Уляя Pass
15
of clubs. When he led the
club
queen, West trumped with the len of hearts, Andress over-trumped
with the king, and ruffed the nine
of diamonds in
dummy. The en
of clubs was led back and when
of
West trumped with the Jack hearls, Andress discarded the four of spades.
West now led the kint of spades, which was won in dummy and the ace of hearts was cashed. The seyen of clubs was led, West dis- carded the six of spades and North the jack of spades. Dummy's deuce of spades was trumped by North with the nine of hearts and the ten of diamonds trumped in dummy with the eight of hearts. The five of spades was trumped with the three of hearts.
This West won, only the queen and Jack of hearts.
1.
Check Your Knowledge
What is another name for Alx la Chapellet.
2.
POCKET CARTOON
EXCLUSIVE TELEGRAPH'. FEATURE
By STELLA
by OSBERT LANCASTER
MONDAY, MAY 31
YOUR BIRTHDAY.
ORN today, ambition and pride when you see others working on in personat accomplishment are your ideas and becoming successful, and unhappy. It 15 which are all too often at odds with disillusioned your love of leisure and comfortable within your powers to 'net first and living. In fact, your high Ideallsni, thereby, get these same rewards! on one hand, and your love your of You will find Saturday, one of yğur' material pleasures on the other, best working days. often come into conflict with enchi other, making it dimoult for you to te thoroughy satisfied with your life at any juncture.
two outstanding characteristics you will become irritable,
Self-analyals that ends in forceful. action is the answer. But self- analysis that leads to brooding is exactly the wrong thing for youl At an early age, you must learn. You have the personality to draw to harness your energies to some important people into your orbit thing worthy of your innate talents and can compete with them on an and develop the genlus that is equal basis. You women are very within you," rather ihan dissipate fond of everything beautiful and handsome want to possess a offorla
Inconsequential will in your matters. You have a progressive home. mind, when you use it, and are.
To find what the stars have in always ready with new ideas, plans and ventures. It In the carrying store for tomorrow, select your and read the out of these ideas, where you birthday star
Let your roinetimes fall. Don't let your day- corresponding paragraph, dreams be the entire answer, for birthday star be your daily guide.
TUESDAY, JUNÉ ́1-
22-June 22). GEMINI (May Kept a tight hold on the budget; avoki extravagance and today can bring good results.
CANCER
SAGITTARIUS (Nov. 23-Dec. 22) --Don't be reckless with your health, your energies or your resources. Play today's hand carefully..
"-And- "thur's the lat mouthful of baste between
him and starvation.” “
BY THE WAY
FOR THE BUSINES Anglo-Indian Talks On Sterling Balances
London, May 30,--Talks on India's sterling balances, computed to be in the region of £1,200,000,000 will begin in London on an expert level tomorrow.
THREATS TO
COTTON BUSINESS
A largo and distinguished. delegation, consisting of the greatest financial brains. In the Government of India, has ar (rived in London, headed by the
Indian Finance Minister, Mr R. . K. Shanmukhan Chetty, ‚and' the Governor of the Reservo. Bank of India, Sir Chintaman it will be about June 7 before the D. Deshmukh., . talky reach the high level bringing Mr Chetty and Sir Deshimukh into the conference with Chancellor of the Exchequer, Sir Stafford Cripps, and leading figures of the Bank of England. indications that paper is ready to during the war when the Indion The sterling balances accumulated take another big slice out of cotton's sub-continent become, for the British big business, and that Tayon producers are planning
New York, May 29-King Cotton's throne is tottering, as the advancing forces of paper and rayon make rapid inroads into the monarch's domain.
Operators of America's cotton mills
are frankly alarmed
over
another
the
Chintamon
ever
and American armies, the greatest production boost which will further supply base the world had threaten cotton's hold on the known.
garment and tyrecord industries, The British Government" could Diminishing export markets, have raised loans in India and paid which last year reached a record for them In the ordinary way. high of 14 percent of production, Instead, it chose to deposit sterling make the picture look, even dorker. in London while the Reserve Bank The threat offered by paper and of India lesued currency which im- rayon has driven cotton men inte mediately went into circulation. making serious efforts at a counter-
with the formation of a Вад Market Committee, spearheading an offensive against
CAPRICORN (Dec. 23. Jan. 2 by Beachcomber attack, (June 23-July 237-*
Be conservative in any suggested plans for business expansion at this time. Guard your resources well,
PORT has become such a big business that the dally
PRICE FOR STORES:
Morning hours are best. Later on, stick closely to routine affairs. Watch the budget carefully, too.
AQUARIUS (Jan. 31-Feb. 19) LEO
23) Calm and deliberate nctions will be Both personal and business affairs much
today than more helpful trend impulsive rashness, Sidestep conflict squabbles and wrangles prob- appear stymied today, cautiously. Avold aggression; hold now.
ably mean much more than they cents for a cotton bag, menace from Installations has not yet been fixed, the fort.
(July 24-Aug.
RO
should
(Feb. 20-Mar. -21) PISCES
than rather
business VIRGO (Aug. 24-8ept. 22)- Personal,
appear
favourably more Influences in your sign say that matters
by today's trends. you may start a new undertaking Influenced with Impunity. Confer with the boss, Proceed accordingly.
22-ADA ARIES (Mar.
20) 23-Oct 23)- LIBRA (Sept.
be avoided. at work. Be Legal matters Opposing forces, are diplomatic in your dealings with Decide problems out of court, rather
all will tura out than going to the law about them.
TAURUS (Apr. 21-May 21)- Guard your possessions against the Intrusions of others. Caution, rather should guide your than impulse, actions.
Who ranks next to the Wright others and Brothers In the records of Americanfavourably. pioneer aviation?
3. What is a dumdum bullet?
4.
Name the church in which the kings of England are crowned.
5. What name was given to the
22)
SCORPIO (OCL 24-Nov. Deinte caution I now indicated, especially if you find it necessary to travel elther for business or pleasure.
national garment worn by ancient SCIENCE AT WORK:
Romans?
0. Who constructed telescopa?
the first
Answers on Column. 4
DUMB-BELLS
/REGISTER 20 LA 5. Lan
THESE POTATOES
ARE ONLY
HALF COOKED!
PATENT OFFICE
WELL, EAT THE HALF THAT, IS COOKED!
CHESS PROBLEM
By A. K. ELWORTIFY
Black, 7 pieces.
(2)
White, 7 pieces. White to play and mate in 'two. Solution to Saturday's
problem:
I, B-B7, any; 2, Q, or Kt mates.
CROSSWORD PUZZLE
T
Across
וי.
and 1. Tin credit day janag.), and you produce it on demand.
In theatreland Annlə guta 11. 12. 100m (41
10. It bo to a “T”
11. It remains undone. (c)
Lay. (2)
13. Put back. (6) 14. Uron work usually in the garden.
17. To the sun it is part of time, 13)
16. Uses are uper hero. (4)
20. Hoɑam. (3)
224 Parm bulidings. (8)-
23. This man is usually spinalem; (5)
24. The holiow of Edon. (4)
23. Looking for it may at
dust. (4)
70, teal for a change, 459
Down
2. Plonds. (8)
up the
3. Atmost, (0) may grow at a rato. 14 6. Stevenson wrote of this island.
(0)
6. Any B&. may long for it. 10).
500:1 Acrona,
8. A blend of dg tray. (7)
9. He doesn't say what art 14. (7)
15, Tab. (5)
It's always worth having. (8)
17. doing on and keeps you off
other talugu, 14)
19. Bend to the tips. (4) -
VOLUNTEERS AID HEART
DISEASE RESEARCH
By PAUL F. ELLIS
at the Univer- ~CIENTISTS
sity of Minnesota have begun what may be the best study of heart disease.
They are using "hunan guinca plgs." 300 men between the ages of 45 and 54, and 200 young men bo- 25. All tween the ages of 18 and yearly will be given a examination.
mien,
Of the 500 men and young
of about half will die of diseases the heart and blood vessels, statisúcs show. Dr Key wants to determine the "how" and
thoso "why" of denths.
He said that of 1,000 men applied to be "guinea pigs," were
seem to meari. The position at the moment, with regard to the Olympic Games, is as follows:
tle
paper, recognised as No. I Enemy.
PAPER BAGS - Paper bags, selling at 1! cents each compared with a cost of 31. cents
seven percent to 10 per cent of cotton production. Paper has already taken over cotton's former monopoly in the cement, lime and
bag business, and
cotton fighting desperatoly to hold onto the flour bag trade, in which they have a fair chance
reed.
+
Kypsum men are
cn-
The International Amateur Athle- Association accuses the Inter- national Athletic Board of crouching on the Amateur, Olympic Federation, with the connivance of the Athletic Federation Boord, which is a branch of the Inter- national Olympic Association. So far, so bad. If we were not always being assured that sport is the key to international goodwill we might begin to doubt it. And then, in- deed, the future would be black.
Food note.
THE discovery
of Д 60-million year-old dinosaur's egg in China may help to solve the problem of how long an egg may be considered new-laid.
Winding up
tp
farmer's
is the cloth's appeal to
Cotton's strong point in flour bags wives, who make most of their the gully-patterned dresses from
cotton bags.
At the end of the war, the Indian Government took over the entire military stores and Instaliations Government had which the British built up on the sub-continent.
The price for these stores and
and the
present delegation's first tasks to decide, the consultation the War Office with the Treasury, and ather British Government de- partments, what that price ought to be. This will reduce the sterling balances.
of.
A further item, the extent which is known, is the £8,000,000 which the Government of India has to remit for the payment of pensions to British civil, military, naval and air force officers who have retired,
It is likely that the Indian delega- tion will try to convert these pen- sions into annuities, resulting in an would -Inper annual Bgure which down as the years pass,
After a few minor items have Rayon's threat is dangerous, tem- been disposed of, the delegation will pered only by that industry's in- - tackle the question of what can be ability to expand production fast done with the remaining pounds. enough to meet the demand.
The same eye appeal and utility tactics are planned for cotton's feed offensive, but paper already has ងឆ៩, made serious encroachments on this business,
DOLLAR SHORTAGE In 1847 the United States exported 1,500,000,000 square yards of cotton. but dollar shortages this year have been reducing exports, and Japan, Great Britain, Belgium, and other exporting countries are striving to increase their cotton exports, even
The Indian Finance Minister today
emphasised that the sterling balances were not a war debt, but money which the Reserve Bank of India, an independent shareholders' institution, had deposited In the Bank of England in the
the course of ordinary banking business.
He added, with a
a smile: "There APTAIN de COURCY FOUL- at the expense of their own people. is, therefore, no question of writing balances ENOUGH is too old a hand to
The United States is losing cotton off or scaling down the be caught napping. Pletures paint-
business this year to many markets, as might be contemplated with a
war debt. ed by a hack on a salary of £5
Including Canada and the Philip In week can fool most of the people
pines, which last year
were respec some of the time, but not all the
tively ber two largest cotton people for ever. Foulerough knew
customers. Others which have cut Important that
their imports are such a moment would come when the public would begin to suspect fout markets Australia, Rhodesla, play. He therefore, as usual decided to get out while the going was good. The remaining works of art are to Two be sold at very low prices. all-lifes by Scabreux have been -had-given-away-ton-very-pretty-and- very puzzled young lady, who sold she didn't usually accept presents from strangers but finally consented to take "Dead mice on a plate" and "Orange-peel." The monumental mason is to be offered the remainder of his stone at cost price.
who 311 of
as
Most serious competitor in the
the right to withdraw the money when-
selected for the "prime
South Africa and Latin America. physical life group." First condition for ac- ceptance was that the subject be in general good health and free from significant disease of the heart and vessels. Subsequent tests blood showed, however, that many ailments they did not suspect.
"Guinea pigs" will be watched physically during the course of the bring study. The end result may
heart the answers to what causes
to disease and what can be done prevent it.
The idea of the study, according to Dr Ancel Keys, director of the University's Laboratory of Physio
the logical Hygiene, is to discover
characteristics and per- individual sonal habits which affects the de- the velopment hardening of
of arteries and high blood pressure.
Most Important phase of the pro- gramme, Dr Keys says, is the yearly testing of a carefully selected group of men who were free of the disease when first examined.
ZBW RADIO
H.K.T
J
6. Programme Summary: 0.01, Manio- vani
And Deanna His Orchestra Anu Durbin (Voent): 830, Hospital Request Half Hour Presented by Nan Dickinson Studio: 7, Orchestral Belections; 70,
(Studio): Portuguese Half Hour World and Home News (London Relay): A.15. Linda Cater Talks or Films (Blu- cla): 0.30, like what I like" Presented
0.15,
The season for pests is here again, and duPont has announced a new weapon against these enemies of
man.
The new insecticide, declared more powerful than DDT, is, known as "mariate." The duPont selon- tists say it kills a wide variety of insects, and mixes well with other insect-killing compound. - United Press.
Board of Trade returns. 41
or something 19
236417
7
CHECK YOUR KNOWLEDGE Airported from the island of
Answers
1. Aachen. 2. Glenn Hammond
6. Gallico,
by Fiona Anderson (Studio): B, A Vocni Curtles. 3. A hollow nosed bullet Recital by Ceila Hodgman (Soprano) with Plano Accompaniment by Clara which explodes on entering the body. Stansfeld (Studio);
Abbey. 5. Toga. Westminster Richard 4. Strauss: "Don Juan"-London Phil harmonic Orch: 930, London Playhouse "Captain Boycut!" Starring Stewart, Granger and Kathleen Ryan: 10, World and Home News London Relay); 19.15, Weather Itepart: 10.10. "Take Your Cholec 11, Radio News Reel (London Relay); 11.15. Weather Report and Close Down,
OUTWARD MAILS
Untli further notice only ordinary correspondence will be accepted for Palestine (by Surface Roule only) and entirely at senders risk. Regfk-- tered and Parenta Servico pended.
Unless otherwise stated, Registered Articles and Parcel Posts elio 30 minutes eartlor than the Ordinary Mail. It Mall clasa defore 10.00 alın, Registered and Parcels will creat 300 pan. on. Provious đấy.
Malls are closed at Kowloon · Cen- tral Post. Once half an hour earlier than the 3.0, closing times.
MONDAY, MAY 11° Closing Times By Air
Holhow, Swatow, Foochow, Shanghol,
Nanking, Hankow, Tsingtao, Pelping Lluchow, Kunming & Amoy 3.30 p.m. Closing Times ity: Bea- & Train Straits, Coylen, India, East A South Africa, Egypt and Marsellies (sen) 3
p.in.
Macao (Bray ́4 panj Kengmoon (Bea); dipa,
Canton (Parcela 4 and 'class mall) (Sés)
D p.m.
Fally plays the fool with the latest statistics
UNIQUE result of a Gallup Poli
Sogharnko, The question was: "Do you believe in tintoll?" There was not a single reply. Later, the ques- tion was translated into the local dialect, and 100 percent said they had never heard of it, didn't know, and didn't care.
(A) COLLIER'S
"Well, it's like this. Russia is like your mother" and.
the United States is like me.”
export business is Japan, which built up a surplus/of 3,500,000 yards with only one-fourth of her prewar spindle capacity. Japan stole
the world cotton textile export lender ship from Britain in 1933, and held that it until World War II. Fears she may regain the leadership have textile led British and American lenders to ask their governments to Halt Japanese spindles to 3,000,000, compared with 12,000,000 before the war-United Press.
HONGKONG SHARES
Demand for Hongkong Banks con- tinued on lee House Street this moyalas, with business being put through at $2140/50. Bath Govern- ment 34% Loans also improved,
Turnover this morning totalled $503,000.
noon Transactions and prires follow:
AIARES DUYERS SELLENA SALES GOVT LOANS
12000101 315 (1934) 31198)
28000 101ft DANKS
HK Bank .... 2143
30
2140
13 ep 2150
300 & 35
INSURANCES
Union
775
705
145 700
Underwriters
2X
DOCKS, ETC.
Dock
33
3216
7:00 σ 321⁄2
2374
21 700
23 0315
1500 B
241
Provident LAND. ETC.
1K Hatel 1K Land S'hal Land IIumphreys UTILITIES
Tram Peak Tram
(Old)...
CAPITAL GOODS "That is perhaps not sufficiently in England. Theor- appreciated etically. the Reserve Bank has the
ever it wishes from the Bank of England, It has the right to start writing cheques. But it is a fact that we are not interested in taking away this money from-Britain.
"We want all kinds capital
We wi goods
use the money for buying them in England. confidence in the "I have great solid
stability of the Bank of Eng- land and we feel that this deposit is perfectly safe. It is purely a ques- tion of deciding how it is to be
utilised"
and
want
of
Asked to what extent Indian large-scale buyers of Brillsh goods were being held up by delivery dates, which are late-n complaint frequently heard by overseas bus!- Britain, 55$8 men in present-day the Finance Minister replied: "De- livery dates aro still the biggest problem in the way of trade. Some
we placed orders which three years age have still not been delivered."
Asked if India was finding British prices high, Mr Chetty answered: "Yes, prices are high, but that is a maiter capable of adjustment. The ren problem is the bottleneck of delivery dates."-Reuter.
two or
Wage Increase Called For
Washington, May 29The Pre- sident of the American Federation of Labour, William Green, today 23% 24 1000 @ 2314 called for a completion, of labour's drive for a third round of woge increase in order to forestall a de- pression.
1:00:47 14
2015
Peak Tram
(New) AN
Star Ferry
127
300 120
C. Light (0)
2412
C. Light (N) ..
2014
Electric
340-40 24%
Green said: "To halt wage in- Creases now means lower Ilving
-300 4915 standards, shortage of buying power and eventually lower production and reduced employment.'
Telephone +10) - 44!% 45 1700 to 44, INDUSTRIALS
Cement
45:5401
STORES, ETC.
Watson (Old) -
5014
20
07
4
Watson (New)
Lane
Crawford COTTONS
Entertainment IIK Construc-
tion (O)....
30
2008 2015
100 56,00
an
He said this could mean economic collapse, which was just what Soviet Russia was hoping for. He advocated the return to "the pattern of progress which created the American standard of living."
Green said the danger of inflation was still threatening the nation due to the heavy demands for military and European aid programmes.
The Allegheny Ludlum Steel Cor- poration today rejected a request by the C.IO. United Steel Workora for a third round of wage Increase because it would firstly, cut profits dangerously; secondly, force the Business was done in the local un-company to discontinue items which official exchange market this morning at provido little or no profit the following rates:
Exchange Rates
and,
Chinese dallar (per CN$1 m.) ....
4.65
Sterling notes (per £1)
14.20
the
320.00
company's plant improvement 8.53 programme.
thirdly, endanger the completion
11.10
UB. dolere (per Unsi)
(old bars (per 14el)
Plastres (per 100)
Bim ticals (per 100) NEX guilders (per 100)
The company has followed the 10.70 line set by major steel.companies.—
43.50 United Press,