THE HONGKONG TELEGRAPH, TUESDAY, AUGUST 17, 1948.
SPARE MOMENTS
FOR
YOUR
SIDE GLANCES
By Galbraith
YOUR
COPA. 1948 BY NEA BERVICE, PVC, T. ME REG. 47. 8. PAT OFF.
**Mom walts till we start to play ball to tell us to mow the lawn! Are you going to let your own daughter order us around like that?"
• MCKENNEY
ON BRIDGE
Even Club Split Is Bidder's Only Hope
Dr. Kate 4853
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South
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Pass
PALS Patt Pass Double Double Pass
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Opening- 10
BY WILLIAM E. McKENNEY
DUMB-BELLS
HE HAS THE PATIENCE OF JOB!
/ PATENT OFFICE
I NEVER
KNEW JOB PRACTICED MEDICINE
Check Your Knowledge
1. Name the Prime Minister of England who was nicknamed "Dizzy."
2. What flower is commonly used by the Hawailans in lel making?
3. Name the leading fruit of the
TTARRY J. FISHBEIN
New of York is one of the most popu- lar bridge experts in the country, but there is one young lady. Missing used chiefly in animals? Gloria Fishbein, who thinks that her
world.
father is the only good bridge player.
She never
BOR
EXCLUSIVE 'TELEGRAPH' FEATURE
BIRTHDAY.
TUESDAY, AUGUST 17.
encouragement.
POCKET CARTOON
By STELLA
by OSBERT LANCASTER
not
when it
PORN today, your star-given talents early and giving them continual
are too apt to exceed the can fidence you have in them! There is You must never ho satisfied with no reason why you cannot achieve anything second rate, for without an outstanding goal, provided you high ambition and a steadfast pur- develop to the fullest extent the pose, you can too easily sink into complacency. Never be discouraged gifts which are yours. You have clear,
deep
mind, which is capable if at first you do hit the top. of profundities; but too often you You are the type who will make hesitate to put forth your ideas until
slowly, But ntil progress romeone else has staked out the comes, it should be worth waiting claim! Then you are furlous for for. Expect your greatest success being in the trailer instead of on the during the second half of your bandwagon. If this happens, you life.
***You are devoted to those you love will have no one, but yourself to
although you are disinclined to blame,
Don't miss display your emotions. Both science and musle are of great out on the great love of your life Interest to you, and you would be because you are too timid to happlest, probably, seeking press your true feeling in the mat- career in one of these fields. This To find what the stars have in
fer. means intensive training in youth which should be sought at all sacri- store for tomorrow, select your fice. Parents of children born on birthday slar and read the corres- this day can be very helpful by pending paragraph. Let your birth- cultivating their progeny's talents day star be your dally guide.
WEDNESDAY, AUGUST 18
LEO (July 24-Aug. 23)—A rather paychle, even mystic day. Pay at tention to it if you are to get the best results from your efforts,
VIRGO (Aur. 24-Sept. 22)--In- tuitions pay good dividends if you follow them today. Femin ne mat- ters appear especially favoured, too. LIBRA (Sept. 23-Oct. 23)-De- finitely a
ox-
AQUARIUS (Jan. 21-Feb. 19)— Emotions are near the top today. Listen to your heart and it should guide you wisely now.
PISCES (Feb, 20-Mar, 21)—A zen journey can turn out to be most en- joyable. You may benent through the influence of a feminine friend:
poor day, so bide your
ARIES (Mar. 22-Apr. 20)--Leon time and wait for the storm to blow on your cars and rest today. Don't against the tlde. Store up energies for a better day to come.
over. Don't push against the tide row now.
for
SCORPIO (Oct. 24-Nov. 22)--All TAURUS (Apr. 21-May 21)-Stick opportunity for travel may renew to routine and you can't go your interest in some future pro- wrong. Try out something new- ject. A new job, perhaps?
and you could become a cropper.
SAGITTARIUS (Nov, 23-Dec. 22) -A day in which those you love may be especially helpful in solving some problem for you. Accept offers marle.
"What, Master' Richard ? Leate all that delicious prisite and risk a further cut in Marshall aid ? Cortainly not!"
BY THE WAY
by Beachcomber
PUT
HTHPH, the name that has caused all the trouble, can be pronounced quite easily if each syllable is taken slowly.
the
The Golnads get over the difficulty by inserting an "a" between
third syllables. This second and gives the sound Fuffthafuft. With- out the "a" it is Fuffthfuff. It must be pronounced deliberately. If it is hurried it becomes a mere meaning- ureless jumble, something like the hiss of a snake. Considerable amuse- CAPRICORN (Dec. 23-Jan, 20)— CANCER (June 23-July 23)-You ment has been caused by placing the Guard against possible material can make progress if you don't fight "Monsieur" before the name at con- losses. Be tactful to hold a friend- opposing forces. Use fact and ferences"M. Phthph"- especially ship you enjoy. Pour oil on trou- diplomacy to
Important as he sits next to M, Ten Tun Hat bled walers.
argument.
of Burma.
AROUND THE WORLD:
GEMINI (May 22-June 22)-This is good business day for you! Take
of it while others advantage ulding their time., it's your day.
win an
A Popular Tropical Island
By TEMPLE MANNING
THILE other islands in the Lee-
W word
and Windward groups that make up the West Indies are trying to drum up summer vacation trade,
las one of them, Antigua, long been a year-round favourite,
tropical
Although we
well within the
beit, a steady southeast trade wind keeps | Ree) Antigua, especially the cast-
ern part of
of the pretty laland, cool and comfortable. advent and
And with
the
and frequent use of DDT the dreadful mosquito scourge seems to be taking a beating. This must good news to those that have
be
come to lov
to love this most charming of islands. The island was discovered by Columbus In 1403.
4. For what is the sense of hear-colonised by Spain, but Spain sort
5. Name the composer
congratulates him for opera "Le Coq D'Or."
winning because she just expects him to win.
Here is a hand played by Dr Katz, flance of the young Indy-judge for yourself.
If the doctor played this hand as said he did, he well as Harry certainly is a good bridge player and the great ensity displace may Fishbein in the ranks of the experts. is just as shown The bidding Fishbein gave it to me. The open- ing heart lead was won by Dr. Katz.) with the ace, and before pulling even of trump, he led the one round
East did not cover queen of clubs.
but the doctor took the finesse any
way, and when small
ten-spot.
it held, he led a
club and finessed dummy's!
As' his only hand
was to
hope of making the
And the clubs split
three-three. he next cashed the ace of clubs. Then he led the deuce of diamonds, winning with the ace and dropping
East's
queen. On the jack of clubs he discarded dummy's three of hearts. It would not have done East any good to ruft in as his trump was high. Dr. Katz' next lead was a small trump and East won. If he returned a heart, declarer would ruff in dummy, but East saw that it was hopeless and Jaid down the ace of spades, And the doctor made his contract, of five diamonds doubled.
of
6. What is a Mussulman?
(Answers on Column 5)
CHESS PROBLEM
By ARTHUR A, PAUL Black, 5 pieces.
White, 8 pieces,
A
White to play and mate in two.
Solution to yesterday's problem:
of lost interest in it and abandoned thet. England took over in 1832 and, for all its delightful Caribbean set- ting, It is very British in almosphere and tradition, which means that it Is clean, orderly and comfortable!
Q-QRI, J B-B1, K-
<P (ch):
B-K2: 2, K-85: 2. 8-17
Q3;2,
BXB. 1 Tch).
CROSSWORD PUZZLE
Actum
·Brena about (9) Olanda, port
Bordered fifty-átly show even. (2) Found as the and of a branch.
13. All those give Food founda
is for sleeping. YO
14. Goddws of corn. 153
15.: Bei îns to happen. (3)
10. Cbeat, 101
Xnd of a dark (3)
thos
DO
Dieesansialed": tubaker - 25 Litunity. Lähter" or", non-tantor 7・・
(2)
26. Life-saving NORI. 78) 25. Nothing to lose makes it easy to
unravel, (5)
A well-known figure in need. 14)
(01
3 Strea
it maken
Hemier (8)
Down
en accept: (9)
3. Change à note, (4)
Initially a ruling body. (3)
Pardoned, (B)
6. Successfuits by-pass, 10)
7. Bounds though you pus of
those belonging to one. (2)
4. With Paur in you get good cover.
點
10. The point about them is they
sting (5)
17 That mysterious omachior o
dear to Itallywood, (3)
10. Nothing can reform "ä" raka like
this 18)
20 Tule spice in kino a deep blus
470. (4)
51 A thut would contume, 14).
72. Cry of the nail-man's. (4)
24 Nothing jestes the coop, and yet YOU DE COFIchi ball of tated. 720
Bolution of restarɗan'a, buzzle. — Kerassi Petty grang ). Imamoto 11, TT: 19, WANE, AN THE 15, BOR:"16, leborg:
"Clareli G., Katers 7. Bhear ® TATAN Ið, Melonz. 140 vzoru 17. Normat Sy food: Ai, Pulli' gå, Corvi ad fun
Nelson's House
Strolling on the beach at Antigum.
beautiful building, crowned by squat, square twin towers with n ranite cross on a ball base in front of the edifice.
The pride of the court house la centred in the Reynolds portraits of King George and Queen Charlotte.
In passing
EVE
PVERY now and then there is on ngitation to get housemaids called domestic personnel, and shop assistants saleswomen receptionists. And now the cobblers want to be called footwear makers and pairers, since hatters are headwear
FOR THE BUSINESSMAN
Palestine Currency Board Will Continue Functions In London
London, Aug. 16-With the announcement from Tel Aviv today that the Israell Government would issue Its own currency, the Treasury declared that the Palestine Currency Board would nevertheless continue to function ag before.
The Currency Board, which sits in London and manages the Palestine currency on behalf of the Colonial Office, is one branch of the former, British administra- tion in Palestine that has not yet been liquidated.
As the Government has not re- cognised the State of Israel and no has been formed for Government the Arab part of Palestine, there is no recognised authority to which surrender the Currency Board can Its function18.
WORLD IN ECONOMIC
DANGER
Lako Success, Aug. 10. The United Nations today gave its first economic danger signal for its 50 members by warning that the world
Treasury oficials said that the Board would continue to manage the Palestine currency which wii) still be used in the Arab portions of Palestine and Transjordan. They showed indifference to the question of what currency the Israells may ure, but said that currency with- drawn by the Israell Government
1s trading less although producing would be honoured by the Board. more each month.
BACKING
In a survey of global economy for 1947 and the first quarter of 1948- before the Marshall plan ald began The old currency is backed main- ly by investments, as are the cur- European
of British colonies. Nations reneles
The skolched a bleak picture of the new Xeraci pound will be supported
flowing to 16 western countries the
world dependent world
United
the of
upon the rich mainly by foreign currency holdings, of the Anglo-Palestine resources of the United States, an an official artificial prop for a shaky economic Bank in London sald today. These holdings will include the old cur- structure.
taken in exchange for the with rency The pages, closely packed facts, statistics and charts, contained new, sterling balances totalling up- disclosed word of £100,000,000 owed to in the economie, report.
from British, and that the world was still short of Palestine
dollar carnings industrial considerable hampered goods, shortages and with "unprecedented" Israeli economy and Zionist organi- trade deficits in almost every nation salons. except the United States.
The Tel Aviv announcement said Although the report did not make that one Israeli pound will be issued any conclusion, its implication was in exchange for each old Palestine that continuance of the conditions pound, and will be based on sterling. it described would lead to world with the dollar rate of exchange the depression.
same as for sterling.
by
The survey, on data submitted voluntarily by member governments, did not include Russian figures.
Disregarding Russia, the world
balance. follows:
:
Old Palestine pounds will be ex- changeable until September 16. after which they will cease to be legal tender and will become a foreign
sheet was disclosed as currency-Reuter. 1. World trade, after reaching in 1047 the level of the base year of
1038, dropped to 90 percent of it in DULL DAY ON
the first quarter of 1948.
2. World steel, coal, copper,
rubber, oil and other industrial WALL STREET
production was 35 percent higher than the base year of 1936.
3. Food production was still seven percent below 1938.
economy,
New York, Aug, 16,—Today, in-
4. Where figures showed improve.terest in the Stock Exchange con- operators, and scavengers are rub-ment over 1938 conditions they were tinued to dwindle as the volume of due to booming American trading fell to the lowest level in bish overseers, and tailors are outfit mostly
nearly four years. Prices moved executives, and bus conductors are
6. Most countries were short of irregularly and transactions fall to motor vehicle deputy-superinten-
dollars and the United States has 400,000 shares, the smallest turnover dents. It all makes for a jolly life. provided more than 22 billion dol- since Goon even the programme-sellers at theatres will be programme hostesses.
Literary corner
AT
T the risk of being called old- fashioned I here print some- thing quoted by a reviewer from 'a book of poems:→→
The institution is a device
For providing molecular__
Process with delusive credentials.
Value is the reflection
Of satisfied appetite,
peniber 18, 1944
again held to the side- lars of the 30 billion in grants and loans made throughout the world lines pending the outcome of the Otherwise all do- from the end of the war to. June talks in Moscow,
was Ignored 1948 when Congress passed the mestic market news
and had little influence on opera- foreign aid bil.
6. Inflationary pressure was still increasing. United Press.
HONGKONG
SHARES
Ice House Street operators took slightly more interest in the market this morning, but the turnover, $204,000, although better than
The formal aspect of the tension yesterday's, was not impressive.
Details of transactions and noon prices follow: Generated by résolution
BUYER SELLERS SALES
20 2010 50 or 2003
of fact. Over-specialisation, Proliferation, gigantiem.
BHARED
HANKS
11K Bank
INSURANCES
Canion Valon
ITK Fire
K. Wharf (0)
Admiral Nelson's house, where he lived while in command of the Lee- ward Islands naval station, is one of the sights always painted out to visitors. English harbour is charming little harbour, and of his- torical interest too, for not only
Out of St John's roads lead to
Of this lovely, singing lyric the Nelson but Hood and Rodney put every part of the island, offering in to have their damaged ships put truly exquisite scenery. There are reviewer says: "It is not verse in to rights.
At Nelson's Dockyard are palm fringed bays and lagoong just the ordinary sense,” - ruins of some of the places where as beautiful as any of the islands the damaged ships were repaired of
of the Pecine can produce. EveryWithout comment and refitted, and the masthouse and where there are trees. bright with Joiners'
in usc. loft
are cull
The blossom, jasmine with Its heady whole section is fascinating and the perfume, the delicate pinic laburnum sort of thing where men and small and lilac trees
Civil Service English is not the LAND, ETC. Indigenous to the only jargon of today. West Indies. boys want to hang around all day.
There are coconut St John
'B, the
capital, is a charm groves; there are banano, guava and ing little place, and a delight for orange plantations. It is a delight swimmers and beach baskers alike. to stroll along palm-fringed tracks Fashionlse teenagers will fall ́ for Government House is, of course, the and just look around, for there is the smart voluminous look of the centre of the island's social life, as always something beautiful or in-flare-back topper. is St John's Cathedral for matters teresting to see. spiritual. 言 is an ornate and
OUTWARD MAILS calypso singers and
2009 2020
380
200
*
tiena la the quiet trading session,
The market opened irregularly and backed and Alled throughout most of the session. Just before the expanded final beli, on a slightly turnover prices hardened... with a few specialties up around a point. but on the whole final prices werd irregular,
STEEL STRONG
1
Steel issues displayed strength throughout most of the session and the final prices in this group were slightly higher. The American Iron and Steel Institute disclosed that the steel operating rate, this week was scheduled at 95 percent rated capacity.
Santa Fe was bright spot in an otherwise mixed Railroad group.
National Steel was a feature in 020 770 1024 769 specialities. General Motors, Unton Carbide, American Can, International Harvester, Socony Vacuum, and Pura Oil eased.
13.40 1000 15.40
U12-
OI 854 issues traded, 807 'were lower, 298 higher, and 251 changed. United Press.
DOCKS, ETC.
K. Wher
(N)
Dock
20
Provident
N. Pt Wharf
HK Hotel
HK Land
во
S'hai Land
+
415
(Morning paper). UTILITIES
Humphreys
Trom
21 1000
134
C. Light (0) ..
200
修
183301
2104 30
(Drets column).
CHECK YOUR KNOWLEDGE
Ahswen
For social fe- there are dances, there is horse racing, there are shows that feature native
dancing orchestral There is simply wonderfül music. TUESDAY, AUGUST 17
swimming, from placki bay waters A goodly Chasing Times By Air Swalow, Foochow, Shanghai, Nanking, to heavy rolling surf.
Holhow spot at which to linger, Antigua is Hanków. Tsingtao, Peiping,
a good thought for someone search of a West Indies island that 1. Benjamin Disraeli. 2. The baolo Isn't too smart or pretentious, but lehua. 3 The grape, 4. It is usedi that ja comfortable and is 'beautiful Chlefly in alding the sexes in local- and tropical but in a nico orderly Ing each other. 5. Rimsky-Korsakoff. sort of way.
6. A believer in Mohammedanism. 1
and Amoy, 3.30 pm.
Closing Times By Sea & Train
Shanghai (Hea) 3. p.m.
Strail (Kea) 5 p.m.
Manila (Beaj (3 pām.
atphonis (Ü--) - D..
Macao and Teinshan (864) #1 pm,
Tamkong (Bea) 5 pm.
Kongmoon (Sex) 5°p.m.
Canton (Parcels &c and Clam Mali) (Sea)
3 p.m.
"Wednesday, August 15
Closing Times By Air Carsten, (Kowloon CPO) 730 am, 10 a.m., 12.30 p.m., 3 p.má (GPD) 7 RJ, (0.30 am Noon, 250 pm. Shanghai, «m. (reg); 230 a.m, (ord). Mania, PL, Honolulu, ‘USA and Canada,
__930, am. (reg}; 20 km. (ord), Shanghai, Nanking, lankow," "Tsingtao, Pelping. Amoy, Foochow, Bwatow and Tainan, 3.30 p.m. Bangkok. Rangoon, Calcutta, Karachi, Bahrein, Cairo (Nairobi, Johannesburg, and Marsellier via Cairo) Rome and London, (Kowloon ста 4.90 p.m.4 (OPO) 5 pm. Japan (Ordinary letters and cards only)
p.m.
Closing Times Dy Bea and Trata
Maçao and Twinshan (898) 1,20 min,
Hothow and Pakhol via Noihow (Ben)
4.m
Straits (Bra) Dám,
Ahanghal (Ken) 11 a.m.
Macao and Telnahan (RA) 1. p.m. Canton (2nd class mail only) (Train)
2 p.m.
Japan (Ordinary letters and cards only);
(a) p.m.
USA, Canada, Central and
South
America via San Francisco (No Parcets) for Canada) (844) 3 pm.
Macro and Twinshan (des) à p.m. Kongmoon (via Canton) (Koa) B ̧p.m. Canon (l'arcels de Ind class mail; tādaj
B
71.
in
“Don't you think it's time we started thinking of a
house, dear
Star Ferry
C. Light (N) Electric
Macao Electric 241% Telephone (0) INDUSTILLALS
Cement
STORES, ETC.*
Dairy (0) Watson (0)
40
200 6 Đ
Rubber Market
Still Weak
N.Y. FOREIGN
EXCHANGE
New York, Aug. 18.--The following aro closing rates for foreign currencies Argentine Peso Omelal).... U6402077 ArgenUne Peso (Unometal)
Australia
Drazil
Belgium
Canada
Chilo England
France
2063
حدد
0066
022812
0745
4.0312
India
3021
Mexico
1495
New Zealand
Peru
0700
Portugal
040415
South Africa
Sweden
Switzerland
2543
3010
New York, Aug. 16-Hubber.". futures | Uruguay were still weak and closed 60 to 70 Venezuela lower on sales:Solalling 85 contracta. Shanghai (CNC$100,000)
Netherlands
Pealem expressed. the opinion that Datavia thi market, was oversold and was ready
Singapore
to make a comeback' when favourable Hongkong
nows is forthcoming. The: situation in
London and Singapore, combined with
uncertainty, as to whellier. Russia would
United Press.
ZURICH EXCHANGE
02-
takn 137 her -Augts!' coramitmento, were Zurich, Aug. 10-The following Misquieting, but informed quarters Inslit | change, rates; were quoted in the un- that. Bumia has opened credits and that | official" market here today the threat to minimised.
US Dollar ........88 (Swiss France)
* Pulüres · Exiled towards the close of Sterling business, with speculative buying and a protective fully,
who
word
Desions
recently heavy seliers in "actuals” are’said to be' seeking )»- offerings, apparently in an attempt to cover at low prices.
Prices clown ma Yollows:- August (in cents per lb.) September.
October
November
December
January (1040)
February
March
April
May
Jun
July August Heptember
20.69 nominal 20.59 bid
2043 cominal 20.51
20.58 traded
20.40 nominal 2043
20.40 traded.
20.32 nominal
20.37 20.202.
20,10
United Press.
Argentine Pero Mexican Peso
11,16 0.59 0.70
+
---United" Press. " POUND NOTE RATE New York, Aug. 16—The Found note was quoted in the unofetal market here today? at UBER-United, Press, ·
Exchange
Rates
Bigelow was done in the loon! un official exchange, market this morning in the following caters, an
Chiness dollares(per_CN91-mɔ "sa Sterling note (per £}};
U.B. dollars (per 17583)
Gold bars; (per tæel) Plastres: (per 100);. Bism, Holls (per fodj: NEI gulders (per 100)
1937