THE HONGKONG TELEGRAPH,
TUESDAY, JULY 20, 1948.
FOR YOUR SPARE MOMENTS
SIDE GLANCES
By Galbraith
COPR, 1948 BY KIA KERVICE, DIG, T, M. BEC, U. 1, PAT, DEP.
"His parents are going to send him to military school because he is so wild-ho does hang around thò drugstore an awful lot!"
• MCKENNEY
ON BRIDGE
Discusses a Jump From Two to Six
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Opening-AJ
BY WILLIAM E. McKENNEY
team-of-four event THE mixed
DUMB-BELLS
REGISTEREDUS
¡VE BEEN WAITING IN THIS
DINING CAR HALF AN HOUR FOR MY DINNER!
PATENT OFFICE
YES, SUH THE TRAIN
IS
TWO HOURS LATE
Check Your Knowledge
1, Locate Wake Island.
2. Name the Danish king who sat on the English throne during the
of the Eastern States regional championships had two winners.middle ages. The team of Mrs Augusta Cantor, Fred Hirsch, Mrs Gertrude Jobes and Herman Goldberg, all of New York City, won the trophy,
Bro
to
Mrs Cantor and Mrs Jobes sisters. It was particularly satis- fying to Hirsch and Goldberg win because only a short time be- fore they were leading in the finals of the Vanderbilt Cup tournament, only to lose
on the lost 14
boards.
In the tcam
out
Enstern
mixed had
States defenders contest the
22 matches out of 28 at the end of the first session, a record 80 per But the new champions cent game. come back in the second session to win 21 matches against the defen- ders' 15.
on
Today's hand was selected from the mixed team; event,, It is one which the bidding varied a
Most of South players great deal. opened with one club. At some tables North responded with only one diamond. However, I believe that North's correct response is two diamonds even though he does not hove first-round control in two He knows his partier must sults. have three aces to open.
might Some players
consider North's Jump to six no trump a plunge in the dark, others would say he misses a chance to get to seven. However, with his Jump to two diamonds and then to six no trump I am sure that . South held four aces he would take the con- tract to seven.
I
East could not be criticised for not opening the ace of spades. The natural opening was the spade Jack. Declarer then spread the hand, for
seven.
3. What is the "draft" of a boat?
4. Name the author of the "Vicar of Wakefield."
5. What is metabolism?
6. Name the Hawaiian Islands.
capital
of
Answers on Column 5
CHESS PROBLEM
.
By G. GUIDELLI
Black, 12 pieces,
While, 10 pieces.
EXCLUSIVE TELEGRAPH' FEATURE
YOUR BIRTHDAY.
TUESDAY, JULY 20'
STELLA
BORN tailny, you have a food on are entitled by your natural mind, but one which is opt to talents. It is the use you make of the become too much involved with gifts which the stars have given you trivialities. You often pul as much which will determine your position thought and energy into some minor in life. You can have no one but Incident as you would put into a yourself to blame If you are not major project. Be more selective in successful, Will to be what, you where you put your energies and want to be and you can!. Make the most of each opportunity, no matter the results will be more gratifying how slight, to make an advances in and far-reaching
your life earser.
You have a pleading personalliy which draws others to you but once of you have collected a hoard friends, often your chief interest dessip! Curb this tendency, especial ly you of the feminine sex, for the same energy spent in other things could do a great deal of root, are bookish and are fond of reading Cultivate a taste for fine literature.
There is a certain lack of fnffla tive in your nature which must be combated if you are to reach the heights of accomplishment to which
You must learn to overcome a romewhat timid nature in the pre- sence of the opposite sex for you are affectionato by nature and will be happleat if you find just the right marriage mate rather early in tre. Some born under Sagittarius
Carrion will probably be the most congenini, p
To find what the stars have in store for tomorrow, select your birthday star, and read the corres- ponding paragraph. Let it be your daily guide.
JULY 21
WEDNESDAY, I
-
*** You've got one of them new pancake hati Bow. guv'nor."
BY THE
WAY by Beachcomber
CANCER (June 23-July 23)-I look for that silver lining. It's on Its the way. you've been needing to sec dentist, today might be a good time! -
CAPRICORN (Dec. 23-Jan. 20) --- Do some
that you have while matters appear to be improv job now been postponing.
ing on the business front, personal
still con-E case was held up for a affairs are
Twhile today and domestic
when it was fused.
21-Feb. 19) discovered that the lady on the AQUARIUS ' (Jan.
Impatience: jury had the improbable name Curb, restlessness and keep your head. It is still not of Ginger Beere.. good day, sa bide your time.
LEO (July 24-Aug. 23)—Adverse conditions are sill hovering over on your guari, your orbit, so be especially of health threats.
VIRGO (Aug. 24-Sept. 22)---Guard your resources, both physical and mental. Hold off on decisive action, Wait for a better day.
LIBRA (Sept 23-0ot. 23) --A alight improvement over yesterday but still exert caution in important matters. Personal matters are much
belter.
PISCES (Feb. 20-Mar. 21)—A slight improvement is indicated but clon't go overboard just yet! Tact and initiative muit`go hand in hand.
are
03
"Ono
Cocklecarrot said firmly, can't come here în à clowning spirit. Is this a genuine name, or some Alm name?" The lady said it was her real name.
ARIES (Mar. 22-Apr. 20)-First
"Mest add,' commented the judge. things come first; those things which "One wonders why you don't change Bound and it." "I have changed it," replied the recognised practical. Don't over-expand.
Indy, "My former name, that of my "Not much to TAURUS (Apr. 21-May 21)-father, was Bread." "Who asked carrot
choose?" to you Don't talk too much about future choose between the two," said Cockle the best possible results now.
there," said Cocklecarrot soothingly, GEMINI (May 22-June 22)-Im-as the lady began to snuffie, There was some whispering, and then the SAGITTARIUS (Nov. 23-Dec. 22)pulsive action can only bring more
caso was resumed. -Force an optimistic attitude even trouble. Think before you speak or if it hurts! Don't force things, but act on anything vitally important.
scorpið (Del 24-Nov. 22)-
in improvement Apparent
your affairs as the day progresses. This time, the early bird is not always the smart onel
SCIENCE AT WORK:
FOR THE BUSINESSMAN
WALL STREET:
BERLIN IMPASSE BREAKS MARKET
New York, July 19. In the stock market today values dropped two thousand million dollars on all listed sliares as Wall Street' sensed the, threat of war in the Bérlin impasse. From the opening gong until a few minutes be fore the close, selling proceeded at a pace not witnessed since May 13. Near the end of the session moderate short covering brought a small recovery.
Losses ranged from two to 12 points, with Olls and Rails the Today's decline was the third in succession, and brought the losses in the whole market to more than four thou- gand
Hongkong Share hardest hit. Market's Very Quiet Morning
The Hongkong Block Exchange experienced this morning its quietest session for several months. 'Only 915 shares changed hands, with an aggregate value of $42,375. The wariness on the market seems to be a reflection of the uncasiness being felt both in London and New York over the Berlin situation.
ЯНАПЕВ BUYERS BELLERS BALES INSURANCES
Canton
Union
IK Fire DOCKS, ETC.
N. Pi Wharf Dock
Provident
LAND ETC.
fik Hotel HK Land UTILITIES
Trant
C. Light (0)
Electric
Telephone (0) INDUSTRIALS.
Cement
_fex-div)
Hope STORES, ETC.
Dairy (New)
30711 760 765
200
2214 2316
1560
million dollars. The general averago made a nów low since May 7. I was the widest break into the general averago for 21 months.
Sam E. Smith, partner in the Stock Exchange house of-Bache
Company, said: "This is a war
of the market",
Luciene Hooper, analyst for E. W. Hutton and Co., said that the news factor in the market is "the fear that. the Berlin impasse will lead to war",
Aircraft stocks held .firm in con- trast to the loaser in Steels, Coppers, 155 Chemicals, Motors, and Mercantiles. Douglas Aircraft gained 1/4th and Curtiss Wright gained 1/8th.
Sales for the day totalled 2,880,000 shares.
Dow Jones averages at the close of
the session stood as follows:-
30 Industrials
161.20
22 0232
100
20 Nails
59.40
300. @ 22%
24
18 Utilities
90.77
United Press.
400 63
41
44
5114
Watson (New). 55% 501 100 50
plans, Stick to current routine for replied the lady with ppirit. TN.Y. FOREIGN
TINY HELICOPTER BOON
TO AERIAL STUDIES
PUFFALO, N. Y.-Military
and
ел-
commercial interests soon may benefit from a miniature electrically powered and controlled helicopter.
Developed by two aviation gineers, the small craft is known as the Skyhook. It is designed to carry payloads up to ten pounds at all tudes ranging from 500 to 1,000 feet through the use of its 04-inch diameter rotors.
ZBW RADIO
UL.K.T.
Erle
Explaining the usages of the tiny developed with the helicopter he aid of John E. Duncan, W. Hewitt bayley sald:
of
#
"In winds of 30 miles an hour or Skyhook takes the place less, the
bc 500-foot mask. It can
in carried in a suitcase to be used the field for low-level meteorologica! soundings by weather bureaus and the serological services of the arm- ed forces.
A cry of distress
Mr Gooseboole: I put it to you- Vagwire: Eh?
Mr Gooseboote: Please do not in- terrupt. I put it to you that there was no need to nail this fellt down on the root.
EXCHANGE
Jap Textiles
For NEI
Washington, July 10. The Economic Co-operation Administra- tion today disclosed that ECA pur-- chases of Japanese cotton textiles will be shipped to the Netherlands East Indies. A Netherlands mission is here at present negotiating with cover the loan to the ECA for nt
cotton shipments. It i expected that an agreement will be reached within a few weeks.
A
Dutch
New York, July 19-Foreign currencies in relation with the U.S. dollar close of market today were as follows: Argentine Peso (QRcial) US$0.2077 Argentine Peso (Unofficial) Austraila
Brazit -Belgium
Gunada
Chile England France
spokesman said no 0220-0/0 figures have been agreed upon, but
3074
3.23
.0550
.1218
.9335
4.03-1/4
0033-7/8
India Mexico
2017
New Zealand
*3.24-1/4
Peru
0100
would
Portugal
souht Afric
4.00-1/2
2703
Switzerland
2547
$300
3010
.0310
3113
3703
.ATIO
2480
Vagwire: What about windy days?
Gooseboote: Big stones have held it down.
Varwire: The roof sloped. They would have fallen off."
Gooseboote! You could have tied them on.
Vagwire: On what?
Cocklecarrot: Where does this get us? We know that a spy-er--that is, a member of the Agricultural Observation Corps, lay out all day and watched through his binoculars to see what the nails were being used
---------------- (A loud cry from the lady juryman)
Mr Snapdriver: M'lud-
Cocklecarrot: Who shouted?
Lady Juryman: M'lud! Somebody
radar "It also can be used for target-work, microwave shadow{for.
ir important probing antenna 50 television
portable development,
scanning transmitter antenna, es a platform for radar and for graphic survey work."
photo-
6, Programme Summary: 0.01, Winstone and is Dand: 6.30. De Groot the And in Orchestra: 0.53, Pote Valderrama
nt the Plano (Studio); 7.15. "The Toc H Guild Church. The account of the Laying pounds, A kit including the minia-stroked my hand. of the Foundation Stone by fer Majesty ture aircraft, cable, winch,
White to play and mate in two. Solution to yesterday's problem:
1. Q-86. 1. Q: 2. K:-Q3
EXRG K¤n; 2, - QXD (ch); 1... B-117 and others; 2, PXK1,
CROSSWORD
Acron
14. A jetter from
watchful (B)
Albert DACOMOR
10. A brokan alat. (4)
17 and 10. A covaring given to exe
tremes. (0-3)
19. Trivial with chicken. 14).
10. Taken from tumbukia 10%.
20,
--- 21. Kenaire. (4)
22. Contour. (5). 33. Oare for (4).
Down
A set of instrumenta. (9)
Cravat 1-8)
A wandering voyage.
(6)
4. Albert often becomes very at-
(9)
tachod
19
b. Sear
21
·B. Bleeping rod. (8).
and 5. azed andƐnorat, 47,18,85
u. Fest go:gay.İ. (4)
10. Edward is twice the size. (3)
15. Wild mate, ng the contrary, 16)
ta. Do 17 Across
to. It's in short supply those days,
(9)
pusslo-Aeronna
And
Bolution of TELLER Drop Lo
Desperado;" 4.
Migratory it will make a port and Follant D. 422) 11. Oite: 15. all ૨૦.
Orale: 16" TIM;" 10. Been; faad: 200. Arlareri 91, 8.A. Daw A singulai tux "ed) -
rated group of engineers, taaence: Ante: 8.
0, Ania; Bre
light-alver
Ens mon putai thila vasara 'on, njih. "Kn05: 117, Orango: El. Treadt: 15.
The helicopter itself welghs 15
spare
The Queen (London Reloy): 7.30. Stage parts and carrying case totals about struggle for mastery
and
Favourites presented by 50 pounds. and Screen Alleen Woods. (Studio): 8. World Home News London Relay); 8.10, "fuch Binding in, the Marsh" (BECTS); 8.45. Songs from Foreign Lands sung by Jaisje Haagedoorn (Btudio): 0, Summer
Os+
World and Home 10,
Power Source
the Skyhook is con- Altitude of
Cocklecarrot: Envy and anger
in my-er- pray continue, Mr Gooseboate.
Marginal note..
GALLANT attempt was made the
cheatrul Concert: The Great Master trolled by the amount of power fed other day to defend the users News (London Relays: 10.15, Weather into the electric molor which spite of the vile Civil Service and 'Govern-
1tchard Strausa;
Dower Trio in the rotor blades, while the Report: 16.16, Albert Sandler KOMB old Favourites: 19.30, Dance to source Une itself serves as an on- Harry Parry and Ils Sextet & Mantovani Walk-Orch, 11, Radio News Reel (London tenna, the company reparted. It is Relay); 11.18, Weather Report and Close azimuth control which automatical
held in
in one position by means of an ly compensates for fluctuating wind
down
ment jargon. It was suggested that
long, involved sentences and queer tant blows aimed at the public. The phrases are used to denden the cons- truth, bluntly stated, would be too Intensities.
The helicopter has been in the terrifying. This won't do. Nobody in the made happler by seeing his food development process of
OUTWARD MAILS laboratory for nearly a year. Nine called nutrition intake or himself re-
TUESDAY, JULY 20
Closing Times By Air'
Shanghai 9 am. (ref); 930 on Swalow Amoy Tainan Foochow Shanghai Nanking Hankow, Taingiau Peiping, Holhow 330 pm.
Closing Times By Sen & Train Salgon & Bangkok (Sea) 3. p.m. Macao & Tainahan (sea) 4 pm. Kongmoon (via Canton) (Train). 8 pm. Canton (Parcels &fid Class A) (Sea) 5 p.m.
WEDNESDAY, JULY 21 Closing Timan By Air Canton (Kowloon C.P.0) 730 am. 10 am, 17.30 pm, 3 pm: 1GPO). 7. am. 10.30 am. Noon, 2.30pm,
Shanghal-0,2m, (reg): 9.30 am. (ord). Manila P.L. Honolulu. USA & Canada 2.30 am. (reg); 10 am. (urd).
Shanghal, Nanking, Hankow, Tsingtao Peiping Amoy Swatow & Taman 3.30 p.m..
Bangkok Rangoon, Calcutta, Karachi, Bahrein, Cairo (Nairobi, Johannesburg & Marseilles vis (Cairo) Augusta de London (Kowloon C.P,0.) 4.30 p.m.; (G.P.0,) 8 p.m.
Japan (Ord. Letters & Cards only)
1
5 pm
:।
Closing Times By Sea & Train
Macio & Tsinahar - (Bea) 8 a.m.
:Amay (fea) 10 ani.
"Kaamkone (Sea) 10.a.
Stralia, Fangoon & Calcutta (Bea) 10
Macro & Tainshan (Bes) 1. p.m. Elatavia, Bourabaya &' Macasser (Ben) 1 p.m.
Cantoniind Class Mail only) -(Train) 2 px..
Formosa via Keelung & Shanghai (Swa)
7 p.m.
Macau, & Twinshan (Ben) 4 nm. Kongmoon (via Canton) (Train) 8pm. Canion (Parcels & and Clam (Mali) (Bea) 5 pm.
11.0.A.C. Delayed
The BOAC pleno from United Kingdom, due on Monday, July 19, Is. now expected
to arrive on Tuesday, July 20, 1940,
different versions have been turned ferred to as a unit of personel.
out.
The research engineers planned an extensive demonstration of the Skyhook for potential military and commercial users and have acquired larger, manufacturing facilities for their
Invention since making, suc- cessful tests.
CHECK YOUR KNOWLEDGE
Answers
Sweden
Uruguay
Venezuela
Shanghai (CNC$100,000)
Netherlands
Batavia
Bingapore
Hongkong
-United Press. POUND NOTE RATE New York, July 19-The British pound note was quoted in the unofficial market hero today at US$222,-United Press.
PARIS FREE MARKET Parla July 18-In the free market here today the US$20 gold piece was quoted
at 21,000 francs.
The US$1 note was quoted at 300.80 franca against-the-black market-rate-of 302 francs.United Press.
CHINA PRODUCE
QUOTATIONS
New York, July 19-China produce was quoted today in the New York market
follow
Aniseed Oil, per b. F.O.D.
New York ..... Canals Oil, per ib. F.O.B. New York ............
Tung Oil in to
tank сага F.Ö.D. New York, per Ib. Bandalwood, in drums, de- pending on quantity & quallly
Agar Aflar, per ib. F.O.B.
New York Beryllium, (10 to 12 per-
cent) por fon.......... Molybdenum 100 percent)
per le form
BRISTLES
0.73/0.90
American sources expect the loan.
to amount to about US$28,000,000.
ECA sources disclosed in addition
that
the
expected purchasa of
Cotton textiles will be
to colonial areas of other Netherlands
European powned the
Japan furnished
with about 70 percent of lis. cotton during prowar years, and the Roods Netherlands has already made an agreement with SCAP to furnish US$50,000,000
of warth
cotton goods, yarn And some glass and
china ware.
this Half of
is to be paid for by a barter deal, under which the Dutch will supply tin and rubber. The rest in pay- able in dollars, most of which will be presumably supplied from the ECA loan-Unlled Press.
Rubber Futures
Stronger
New York, July 19-Rubber diffuture today closed 39 15 57 higher on the strength of higher cables from the-pr- mary markets, Sales totaled 3 con-
Y tracis.
Prices closed as follow:- July in cents per, lb.).. 23,00 bid
1357 fominat August
22.05.5ld
22.37 nominal 21.07
January (1040)
23.30 traded
21.96 nomina!
23.12
22.88 traded
September
2.00/220
October
November
0.22
December
February
13.09 nominat
March
April
3.38/2.40"
May
June
20.00/21.00
0.43
July
August
September
Spot
Beistles. F.O.B. New York, per lb. as follow:
Hankow, regular asport.
ments
22.35 nominat
22.83
J
1+
22.70
22.76
13.13
2411
LONDON MARKET London, July 10-Nubber futures, to- day closed as follow:
September (in pennies per lb.).
November
December
4.10-4.15
Chungking regular assorte
Delober
2.85 nominal
6.20 0.74
March..
United Press.
ments
ments
Shanghai regular
Tientsin, 20'a shorta Tientsin, 20's regular
January (1040)"
1415
-United Press.
N.Y. METALS
MARKETS 2 COTTON MARKET
The research concern says it is 1. In the Pacific Ocean midway
automatic between planning to develop an
Guam and Hawall. pilat for full-scale rotor-winged Canute. 3. The depth to which it craft, with the principles utilised in sinks in water. 4. Oliver Gold- the controls of the Skyhook serving amith, 5. Chemical reactions in as a basis.
6. Honolulu.- living organisma.
EDITORE PREKO SKAVICE,
CLAUDE
1
ting new
equipped with folding bed."
UNEASY
New York, Jy 10-Ericss dia- played by cotton futures in recent sessions WAN accelerated today by anxiety, over the tense foreign situation and the market. dipped as much *
US$1,13-a bale, However lost minute buying off-set the carlier declines and at 'the close the list ruled three points lower to 14 higher,"
New Orleans, prices today closed an follow:
Spot
October
December
March (1849) = May
July
Cctober
December
33.25 37.34-18
32.03.bid
IN
20.34.
AD
United Press.
Philipine Copra
Price Declines
New York, July, 10-Declines of US$7.50, to US$10 per ton · In the -price of Philippino. copra were ro-
price
New York, July 10-The following prices were quoted in the New York instala market today: 2 Copper (Electrolytic, Export, TAS **New York)`per lb. .............. 213–225, eta, Zinc (Prime Western, New York)" par
Ib.
12.03 cl.. - Manganese (Electrolytic, 00.9 percent
Manganese, delivered cast of "Mimis+- sippi River), per, Ibiza, 39.00 tús, Iron Ore (03 percent Iron, delivered low port Lake Superior), peston
Antimony (American 091⁄2” percent) in.
bulk
.carload "Tote, 7.0.0. Texas
0.33 dra Tio, Grado" "A" (99,8,5 percent” for (higher): Tungsten,- powdered, (98-99: Porcent) 3.00
dri,
(Chinese-ore Wolgamite
Containing Tungsten Teloxidej“ duty“ þáld” 7.0.3. *New York, par short tan 6.20-0.28 dra. "Prizes for scrap were, un: followy:— Copper F.O.. per tan
13.50/10,00
(light) TV/UA$15.00/£5.25 Lead Fon per ton
theavy soften Steel F.O.3; per Jan: (Mo) The
heavy metung)
Falled
Exchange Rates
Tamires was done in the local un
ported here over the week-end, Theofolal exchange market this morning in
has folien approximately the following rates:
Chinese dollars (per CNIL and) vai US$30 a ton so far this mouth.
Sterling notes (per 1) .*** Pacifle" Const crushers, purchased | 118, Collars (per USA1) limited quantities for July/August Gok barn (per fasl) shipment at US$242.50 and US1240 am cala (per 1001
Plastres (per 100) per short ton, C. I. F.-United Press. NEI gulders (per 100)
za
14,40
334.30
11.45
13.04
10.00%