THE HONGKONG, TELEGRAPH, MONDAY, JUNE 28, 1948,
FOR YOUR SPARE
SIDE GLANCES
By Galbraith
gathth
COPK TOLE BY KEA SERVICE, ING, T. M. BIG, U. A PAT. OFF,
"What are you singing the blues about, Eddis? Another month and we'll got our diplomas and all your worries will be over!"
• McKENNEY DUMB-BELLS
ON BRIDGE
A Snag Crops Up On the Third Bid
By WILLIAM E. McKENNEY
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SURPRISING number of people throughout the United States make a very goodTM Hiving teaching bridge. In the past teachers' con- ventions have been held by bridgo authorities who published books.
1 would like to present today's
at hand Goren's convention and sco
REGISTERED US PATENT OFFICE
TELL MADAME, DR. PILLS TO SEE HER!
MADAME.
CANNOT SEE ANY ONE TODAY, SHE IS ILL
f
Check Your Knowledge
YOUR BIRTHDAY.
MOMENTS
POCKET CARTOON
EXCLUSIVE TELEGRAPH FEATURE
BY STELLA
by OSBERT LANCASTER
MONDAY, JUNE 28
have
There is another
you
Kis-
Bide of your
casual distinct
BORN today. Dcriminating and well-balanced nature, less known to your personality with executive power acquaintancer. You have and The ability to understand literary, musical and artistle tal- ents which may, of necessity, be humanity. You are something of a cynie
to contem submerged But for complete con- when it comes plating the manoeuvres of mankind, tentment, and happiness, you will at need to cultivate one of these bents but fortunately your sense humour comes to the rescue in time, as an avocation. You could become Your wit is Inclined toward the outstanding in the creative, arts if
to devote the
: some enusile and you must guard against you were Injuring the feelings of others. energies to their accomplishment as
You are shrewd and at times you do to other enterprises. calculating, but since your basic You are fond of the good things judgment
of cause and effect In of life and must guard against usually sound you selɗorn make letting your desiro forense ond serious errors. Those who follow luxury defeat your best career inter- your lead realise that
you know ests. Your emotional nature ( exactly what
are you
doing an irony You women. ore Tond of where you are going and that
having your own hɔme they contribute their full share, to make excellent mothers. the work they will be rewarded
You
fair In accordingly. distributing credit and pronts. Some October 17 should mark an impor- fant event In your life. Watch for it.
CANCER
aro
and will
To And what, the store have. In select your store for tomorrOW, birthday star and read the corres-
Let ponding paragraph. birthday star be your daily guide.
TUESDAY, JUNE 29
deration of all problems. For
your.
now,
[“By José, Carraway, I can hardly, wait for the day when Trooping the Colour is carried out entirely by
back foam hàn
BY THE
WAY
by Beachcomber
FOR THE BUSINESSMAN
New Anglo-Chilean Exchange Agreement
London, June 26.-Tlie new Anglo-Chilean ex- change agreement is the first step towards improv ing Anglo-Chilean trade, but its scope should not be misunderstood.
SIAMESE
RULINGS
ON RICE
to
Bangkok, June 20-In order to
and clarify
rulings present standardise tho gradation of Siamese rice. the Ministry of Commerce has issued the following instructions to all rice millers selling rice to the government-
For white rice: One gunny sack of 100 kilos weight,
those
best solution wait until afternoon. socle sex, either in business cr (alc), after a comprehensive porcent white rice will get a reduc-
23) (June 23-July
CAPRICORN (Dec. 28-Jan. 20)—
Five percent with rice: For those Stick to the path of right and avoid Emciency, caution and diligence to
not supplying up to the grade of five being
withi
flighty your job will pay off right concerned
percent quality and supplying six or schemes. Honesty is the best policy. Complete the job at hand.
THE National League for seven percent grades, there will be 24-Aur. LEO
23)- (July
AQUARIUS (Jan. 21-Feb, 19)-
Education against Gambling no reduction in prices, but ose consi- Don't depend upon a member of the Morning hours for careful
supplying eight percent for Ave the
Postpone new undertakings. survey, finds that "the main ion of 3.16 baht for a gunny bag. PISCES 24-Sept.
(Feb. VIRGO
20-Mar. (Aur.
21)cause of gambling is boredom.”
For nine percent there will be n especially in all Moderation rather than Be conservative,
expansion;
That may very well be true of tho | reduction of 4 baht. Ten percent personal matters. Best to hold the caution rather
than recklesances:
stocks and will carry a reduction of 5.25 baht. ine rather than attempt to expand. follow these rules for success tódny, shares (who are never included in
people who gamble in LIBRA (бер. 23-Oct. 23)- ARIES (3lar. 22-ADT. 20) any denunciation of gambling), plying 11 and 12 percent wilt get no Ten percent white rice. Those sup- Take things easy this morning, Botten down hatches and today's
1 wonder if the National League
reituriton, but suppliers of 13 percent Don't push against the pricks and storm will go over safely, Better has ever seen a man who bets on instend of the 10 percent grade will have defy superiors. Let things ride. days are coming, so wall for them
horses. He is a far gayer companion a reduction of 3.15 baht per gunny bag, Afternoon Improves.
TAURUS (Apr. 21-May- 21) than the atrabillous creatures who
for 14 percent grade 4 baht, and for is percent 5.25 baht. SCORPIO
healthy A against your (Oct. 24-Nov. 22) Guar
iry to interfere with his pleasures.
(Enter the fairies Gropblossom: Business affairs proceed normally mir upset if taken care of now
and Quartbottle.) bust personul affairs Involving the
can cause no further trouble later opposite sex bring disappointment. on.
GEMINI (May SAGITTARIUS (Nov. 23-Dec. 22) -Stick to business today. estate and all constructive ines are favoured but be very careful and discriminating H making a purchase. mosi especially favoured,
Real
22-June
I suppose so
22)-
Before last July, payments between nationals In Britain and Chile' had to bé reformed in every caso to the Central Bank for approval, but in July the Bank of England trans- ferred Chilean accounts from the section "special nccounts" to a broader one "dollar ac- counts," which, however, proved abortive, as both countries were increasingly short of dollars.
The new agreement means that Chile can sell claims to payment in London to any other member of transferrablo accounts" area, or alternatively can buy sterling from any such country without Baking permission from the Bank of England.
.
abuse the language "trans- countries in Account 6.
裁缝 be-
Bren"
It would to describe ferrable longing to Peterling
the which is a British term, not an око, and means international countries to which residents in the United Kingdom can transfer their capital without making permission of the Bank of
or the England Treasury. Brazil, for example, be longs to the "transferrable account". area, but definitely not to the "oterling area".
Hitherto, Chile's principal source of sterling has been derived from exports to Egypt, but now she can buy sterling over a much wider
Fifteen percent white rice, 16 and 17 urea. percent no reduction. For 10 percent a reduction of 1.70 baht per gunny but. for 1 per cent 3.40 vaht, pnd for 20 percent 5.17 baht.
Twenty percent white rice. For 21, and 23 percent no reduction, but for 25 percent a 200 baht reduction. For 25 percent a 5.23 Baht reducitan.
SOURCE OF DOLLARS
Similarly,
abuse would
she 1s that "quitting the dollar area." She has
Land and agricultural projects are A MAN who invented a pair of
language to suggest scissors which work in reverse, so as to cut things backwards, has explained that, unless the scissors are turned round, upside down, they will appear to be the ordinary kind, which cut in the normal way. Care must be taken to see that the edges curve inwards, not outwards, when in use. This will show that they are being used in reverse. My Goodness! My Goyal
MIS · morning I received TH
A Polish Corridor Port around the world:
By TEMPLE MANNING IN the course of a prosy letter -a friend of this department mentions Gdynia and wonders if we ever did visit it and if so, would we care to comment on it. Indeed wo have and do.
For often it is that we think of the marvellous port that a free Poland created and of the ill- fated Polish Corridor territory.
Well we remember the wonderful port of Gdynia that in 1022 was . Who is internationally recog-naught but a fishing village of a few
few nised as the "founder of modern hundred people, and o
years later, a modern harbour and nursing?
Лnc town. And we remember, 100. 2 Name the first authentic with regret that there was no real cily planning, for the place was a example of a planned city?
hodgepodge of villar, houses. mer-
3. What is the common name cantile establishments, offices. for pertussis?
A typical reene near Gydnia.
some
tasteful advertising matter from Art Revival, Ltd., In the form of suggestions for attracting the public to art gallerfes. Here are some of them.
Your We Give
Monet's You Why Worth!.
Sulking? Is She Maybe She Could Do With A Ver- meert...Someone's Mother Hasn't Got A Van Goght....."I say. why do all the men avoid hea "Don't you know, my dear?
She
hasn't got a Renoir."...Say It With Picassol...No wonder he says you're Irresistible, if you've just bought a Utrillo...
...Rubens For Glorious Technicolour!...One Good Turner Deserves Anather!...Raeburn For Reliability!
"GEE!"
she
aluminium
Twenty fivo per cent white rice. For 21 to 20 percent no reduction. For a limited source of dollars in the percent baht reduction, for 30 per proceeds of the sale of Chilean cop- rent, baht: for 31 percent, 6 hekt: 32 per elc., to the United States, but percent, di bant; 11 percent, 10 baht she gets only a part of the proceeds percent, 12 bahl; and for 33 percerit a
cluce the
of the owners
copper 13.1 reduction,
mines nee American concerns. Sho will continue to do her utmost to secure dollars, but the urgency of her need will be somewhat reduced if she can buy the same goods, or nearly the same goods, In the United Kingdom.
All dealers in nice, as well an the Rice Axacciation members, are instructed to follow there requintions and to have
samples of view,
Government fixed pricen follow:- White Bice. 10 C1los. coles 1 picul
133.02 Baht
At Baht
30%
70.40
75.29
72.13
09.00
€0.03
This first step will be followed by more detailed trade and Anancial 100.04 Baht 69.50 Baht payment pacis.
50.40
B
10%
130.67
15/2
$25.42
.
120.3
$15.00
101.02 Broken Rice, A. 1 Super
Special Ordinary
07.34 1.00
71.04
55.25 46.83
Ordinary
-74.00
44.73
C. 3 Special
50,25
30.15
Ordinary
48.30
20.10
B. 1 Special
acж
These prices excltide Kunny. charges and export duties.
Note: At the omcial rate of exchange 10 Bat cquals US$1. The open market rate is twice that amount-20 Ball to US$1-United. Press.
HONGKONG
SHARES
The amount of discussion devoted to the Argentine Central Bank's new exchange decrees must be considered remarkable when one considers the City of London's Intense and painful preoccupation upon developments in Washington.
IMPORTS FROM BRITAIN
are wel-
verse
Indications that Imports from Britain will be facilitated comed. Trade returns show that Argentina Britain's Imports from during the first four months of this Back to Mother Earth.
year amounted to £49,000,000 sterling, "EE!" said Miles Dawn Kedgarce,
while exports to Argentina amounted now leading the simple life of
Activity was again restricted on to only £13,000,000. The adverse
balance a farmerotte in Idaho. "Cee! These
thus far this year has been the Stock Exchange this morning.t-bala Modern Methods.
from the strong northerly winds
carrots are sure swell!" As she spoke and was confined to isolated trans- £28,000,000, which is a shade better 4. What is the modera name for
to hoo began
parsley with her
£20,000,000, Miss Ked-actions in a few popular issues. The than the same period last year when the Hellespont?
We were fascinated particulary mer the constant sunshine and the gre
Spade.
but these totals look grim compared methods used in
garce has
and salt-laden breezes that international by the modern
with the first four months. of 1038, drive in when she could only get half a mil- ship-loading, for in this newest of from every direction make
Italon dollars to harbours there was then no hand
the Empress
This morning's transactions and when, the adverse balance was only
£500,000. into play Eugenle in "Matlame Bovary," she noon prices follow!- loading at all, which made Gdynia
BUYERS SELLENS SALES real model port,
SHARES Over more
delightful, turned against materialism, bought 100 miles of
of steel rallway tracks skirting the coast, passing through a 30,000-acre estate, and settled down
2130 rede railway cars of coal, machinery ancient towns, fishing villages and to farm it herself, with her faithful "Emotional old theepdog, Spud. and other items destined for export, farm lands with here and there CDIS
were shunted in to a platform, glimpse of the sea. Where the road values are all false in the big cities," seized by a sort of giant lover and curves inland, it cuts through miles she sald, removing her red silk Hifled, tilted over, and its contents of pine forests, a fragrant retreat pron.
with heavy pine needlo dumped into the steamer hold.
5. When
was the
citles?
(Answers on Column 5)
4
if the teachers run into the bluding law passed outlawing wars on open
the experts anax
met with The snag
the third bid. comes Everybody agrees that South should the bidding with one diamond. open A few experts would like to bld two hearts with the North hand, but "most agree that a jump forcing, bld
should not be made without
two controls. Therefore they accept the bid of one heart as correct.
Now what should South flot Should he bid three diamonds and have his partner rebid hearts or bld spades, then have to go into three no trump?
Nearly everybody has a different bid to
point. Peter make at this Leventrilt and I more or less agreed that we would bld two hearts over North one heart, in which case should bid two spades.
Now South knows that North has a tremendous hand, and it is im- portant for him to learn something about the club holding. When South kids three clubs he shows the ace of clubs and at the same time tells North that he is willing to go along for a slam try.
With that information North can bid four no trump if he wants to make sure that South does not have three sees. South responds with five hearts showing two nees and North knows ho is off on ace.
In rubber bridge it is agreed that six hearts is the correct response, but the sporting player in tourna ment bridge who wants to take a little gamble can pretty nearly count 12 tricks ai no trump,
CHESS PROBLEM
By A. K. ELWORTHY Black, 11 pleces.
0
1.0.
10
R:
White, 8 pieces.
White to play and mate in two.
Solution to Saturday's problem:.
1,K-Kt5, any; 2, Q, R (dbi ch), or it mates.
CROSSWORD PUZZLE
Across Bits'bunch lanaga. (D, E What an impediment may cause.)
(7)
Not a peaceful sort of cap 181!
11. in the tha a
provide 11. (0)
13. Ceremonien. 13)
slow orgā
wh
12 Aim.
The greater part of glad. 191.
15 Genus of plants that produca
benzoi
19 uge.
10) 18 Bra 3 Down
W. They may be given when ufleted
by ludgra.
Down
3. Bring Init. briefly to this torri
tory: what a country, 12. 2
3 and 10 was a 112-9aw PUERIS
4.
to the King's Ilorsamnen. 10 G)
Ans. (6)
A. Rumorous raitiery 101
6. Urges. (4)
1. Oura is not sweet, lizy this
D. Often follows pitch. 14)
. Itegrew 17) 14. Minory, (3)
10. Becure biding pines. (4)
10 The spirit of any tantrum. (5)
27. a mean, ending. 1)
was
2
that cirive across the Baltic. In sum- I dainty always loved Nature turnover for the session was $247,-) the amount was about
than
natural holiday resort.
The drive there was
carpet.
1000.
BANKS
HK Dank INSURANCES
Canton Union Underwekers
DE Fire
DOCKS, ETC.***
K. What 10) Dock The harbour is delightful. At one After the forest there scrubland At the stage door
Provident end there
and it is a wonderful drive, even if well-equipped
YOUNG man waited of a stage | MiNING
IK Mines yacht basin and a fine yacht club, the road is merely a forest trail,
door the other night, not
LAND, ETC. Of all the resorts in that neck of wilk flowers, but with something Beyond the yacht harbour were, and
Charming City
-
re
A
actress
we dare say still are, the bathing the woods, Jurata had come to bohe thought would win his favourite's beaches Just filled with
and the most fashionable. sun
A smart, heart more easily in these times- surf bathers. A fine esplanade par- terraced casino, good hotels, superb bit of suger. When the allets the waterfront to connect the restaurants, good bathing and boat-emerged, she was furious. "Sugar" beaches.
ing facilities plus the wonderful sea she yelled. "Do you think I'm
.! said air and sunshine, made one forget horse?" "Yes,"
the spirited his teeth, about the much smarter, more cos-young fellow, grinding. mopolitan and certainly much more "I do." urbane and luxurious European sorts such as Deauville, Le Touquet, Cap d'Anubes or Biarritz. For in these resorts, favoured by the inter- national set, there was always bore- by folks surrounded dow created
1. Florence Nightingale. 2. The at by luxury, while
Jurata one Egyptian city of Kahun, built as s found folk who just gloried in a housing project for the men who пет play spot and
who were worked on the Diahun pyramid. 9. ready to rave over every amenity, Whooping cough. 4. Dardanelles. 5. however unpretentious.
In 1907 at the Hague Convention.
The city, so new, was fresh and charming with wide, tree-shaded avenues, plenty of parks, gardens and esplanades.
Hel is the name of the very slen der peninsula that juts out into the Bay of Danzig and protects Gdynia
ZBW RADIO.
ILIC.T.
0. Programme Summary: 6.01. "Student Recital by young Plano Time-A Studante (Rtudio): 0.20, Hospital Request Halt Hour Presented by Nan Dickson (Studio); 7, Polkas: 7.15, Commentary on the 2nd Test Match (Landon Relay); 7.30 Portuguese Half Hour (Studio): B. World and tome News (London Relay); 0.10. Linda Caler "Talks on Fums" (Studio); 8.30, "I Like What I Like" Presented by "Accent on Frank Mites (Studio D Rhythm" (BBCTS): 9.15, "Johnny Camer home" A ligy for Broadcasting by Necal
Magesoun McNeill. Produced by Jaines (DUCTS); 10, World and flatne News London Relay): 10.15, Weather Report: 10.16, "Toke Your Choice": 13, Radio News Neel (London Relay); 11.15, Weather Report and Close Down
OUTWARD
MAILS
MONDAY, JUNE 25
Closing Times Ity Air
Hohow, Swalow, Fonchow, Shanghini, Nanking, Hankow, Tsinglio, Pelping, Luchow, Kunming and Amor 3.30 p.
Closing Times By Sea & Train
Saigon. (B+a) 3 p.m.-
Shanghai (Bea) 3 pm.
Japan for. Lotters & Cards only) (Bea)
p.m.
loca (Ben) ..
Tramkong, via Canton (Ben) 5 pm.
Canton 'arcels & 2nd Class Mati) (Ben)
0 p.m.
MORAN'S FONT COMPANION
PARIS SERVICE,
CHECK YOUR KNOWLEDGE Answers
"Sho's been awfully sweet lately-could it be that
Mother's Day is coming?"
HK Holcl
II Land S'ha and Humphreys UTILITIES
Tram Star Ferry
C. Light (0)
C. Light (N) Electric INDUSTRIALS
Cement
Поро
STORES, ETC Dairy (0)
Watson
(0) Watson (N) Lane Crawford COTTONS
Ewo MISCELLANEOUS Margman, (IK)
305
203
bid for Regarding Argentina's foreign capital, the weekly. The Economist, professes to be still in the dark about what the financial wizard Miranda intends to do for the British owned companies which 153 invested their capital in Argentina
31 years ago.
Economist says: 23 "Even if financial, remlitances, which have been banned during the past year, are, again allowed, they will cast 20 percent more in peto. Is this what Senor Miranda means by "more favourable" treatment?
100 cn
044
300
1000 e 17
031
0.10
1000 B
2314
17
23 235 1000 72314
140
The
FOREIGN INVESTORS
The Economist comments that the
24 2415, 1100 @ 244 Central Bank does not specifically
28
ཥ སོརྒྱུུབཱ
4315 #021
500
40 guarantee that foreign Investors may
take their money out of the country. at the same rate at which they In-
40
4522 47 1000 G
1000401
17
116
600.18% vested it in, the country. The
Economist says that the "risk fa 100 en 5311⁄2 | volved in Investing capital in Ar-
N.Y. Cotton
Textiles
gentina on a peso basis is actually emphasised by, the latest move (20 percent depreciation in the free peso) and as a deterrent to foreign Investment this may more than neutralise the Intended effect of the depreciation of the free roto.
The general tone of press com ment suggests that the British Duthorities in Argentina, up to the middle of the week, had not finish- ed a clear and unambiguous ex- planation by Board of Trade spokes- New York, June 20-The cotton men as to what the Argentine Cen- tral Bank's communique actually. textile
goods market in. Worth ra
so far as British investors this means two-sided Street wan
concerned. When that ex- week as print, cloth fabrics, de-
planation artives and is defined veloped en independent firmness on throughout Britain, the London quickentuc buyer interest, while other categories remained inactive, markets reaction may be less wool- ly than it has been during the past the with prices heading towards
week.--United Press. lower register.
Converters
more
garment
manufac and mechanical turers, plus
traders, re- Entered the print markel for moderate quantities of goods only to find a ro duced volume of resale offerings.
Eighty square four-yard print rose to 23 cents a yard, which is an advance of one to 15 cents above the basis of last week.
Generally the sheeting market war dull, with buyers still pressing for price concessions following recent reductions to Oxanburg ennstructions.
It is reported that a number of mills aro planning toom change-overs becaliso of the slow sheeting demand. Burlap vity was quiet, although some re- ported a better Inquiry for, ghtweights. from potato packereUnited Press,
ard
}
Exchange Rates
Flulness was done in the loen) un- official exchange market this morning at the following rates: -
Chinese dollars (per CN$1 m.)
Sterling notes (per £1) 17.3. dollare (per US$11 Gold bars (per thell Plastres (per 100), Slam teal (per 100) NEI guildora (per, 100)
1.00
14.20
5.43
221.00
11.50
20.00
48.20