YOUR BIRTHDAY...................
BORN today
you have an exact and careful mind when it comes to any job you are undertaking. and will make a fine example for others to follow. In your personal Nfc, however, you are much loo inclined toward the emotional, and often do what you "feel like" doing. rather than permitting your com- monsense to guide you. You Aro not demonstrative In showing your affections but there is a continual battle within yourself, since your heart is niways lending you around!
you best. To keep you producing at highest pitch, there is need for it certain amount of excitement, change, and motion. Fortunately you will have too keen a conscience to shirk your duty. But a nomad, stick in (a nine-to-fivo desic job, can be a very unhappy soult
THE HONGKONG TELEGRAPH, THURSDAY, AUGUST 26, 1948.
FOR YOUR SPARE MOMENTS
SIDE GLANCES
By Galbraith
EXCLUSIVE 'TELEGRAPH' FEATURE
By STELLA
POCKET CARTOON by OSDERT LANCASTER
THURSDAY, AUGUST 26
FOR THE BUSINESSMAN
BAFFLING DECLINE
IN RUBBER MARKET
-
New York, Aug. 25.—Traders; are uniformly baffled by the persistency of the decline in the market, despite overnight encouragement in cables from London and Singapore, plus the firm trend in domestic commodities.
Confidenco is undermined and, Traders are fearing that there will discouraged as long as they are be further liquidation In the Far Enst it the Insurance rates against heavily liquidating spots and anbotnge are increased, or the exis- futures, pending developments ting hopes of an accord in Berlin in the Far East and the Berlin are upset.
Until situation.
its the liquidation -runs course or there are signs of stockpile buying being revived, dealers are not hopeful of any immediate change in the current downward trend,
Prices closed to 10 00 points lower as follow:- August September
WAR SURPLUS
RESALE
POLICY
Washington,
October
November
December January 19432
February
March
20.03 nominal
20.01 nominal
20.05 traded
20.01 nominal
-10.00
19.03
10.00
19.00
10,00
10.73
+
19.10
19.03
10.00
-United Prem.
Today
12-7/8
12-7/8
12.7/0
12-13/10
12-13/10
$2-3/4
12-3/4
FOPR. 1840 NY NEA SERVICE, NS 7. H. BED. U. 5. PAT, DEL
"Now don't propose to her tonight! E said yes to your father on a beautiful night like this, and he was never as handsome as you!"
LESSON HAND
McKENNEY ON BRIDGE Called Lead Upsets This Slam Contract
A 7
ADD 4
KQ47432
• JD
A
N A83
1090 W El None
A753
410004
3
S
◆ KQ100
642
Dealer 6752
AKQJ1052
VAJA
◆ None
Lesson Hand-Both vul.
KQJ
South
West North
Engl
Pass
3
POKS
3
PASS 4 W
Pets
Poss Poss Opening-K
Pass
10
BY WILLIAM E. MCKENNEY
אן
TN tournament bridge it is not per- mitted to waive a peunity. If a player commits on Infraction, such as leading out of turn or revoking.
it is required that the tournament director be called because of the effect that the offence may have on the balance of the fleld.
DUMB-BELLS
FREGISTERED US
ARE YOUR FRUIT TREES BOTHERED BY PESTS
LBY
₤4202
PATENT OFFICE
THEY WERE UNTIL WE PUT A HIGH FENCE AROUND
THE GARDEN
Check Your Knowledge
1. Name the largest city in South Amerien.
You are a natural-born leader, but this charneleristle
ΠΟΙ May exert itself until the latter part of your te after you have fully developed your talents. You are fond of Berature and travel, and may And that reporting may suit
Executive powers will develop with experience. but business acumen is comething you will have to struggle long to acquire, Your early life may be one of thrift and even privation, but during the latter-part, you should have a com- fortable income, if not wealth.
To find what the stars have in Ft for tomorrow, select your birthday thr and read the corres- ponding paragraph. Let your birth- day star be your daily guide.
FRIDAY, AUGUST 27
VIRGO (Aug. 24-Sept. 22)—Don't expect too much of this day and you won't be disappointed. Maka the best of what file there is.
PISCES (Feb. 20-Mar. ZI)- Personal initiative сал overcome minor dificulties. You can take o few more steps toward achieving your ambillons.
LISRA (Sept. 23-Oct. 23)-The fair sex
ARIES are especially favoured, both in romance and in business, The two may combine happily.
SCORPIO (Oct. 24-Nov. 22)-Be discreet in both personal and business affairs, for impaired Judg ment could cause you to lose an advantage.
SAGITTARIUS (Nov. 23-Dec. 32) -Romance and affairs of the heart take precedence now over business mntlers. Make things secure on the home-front.
CAPRICORN (Dec. 23-Jan. 20)- You may deal with the public, if you are in a position to Influence popular opinion. Exert your per- Konality.
AQUARIUS (Jan. 21-Feb. 19)- Make plans for further expansion, perhaps, but postpone definite netlon a little longer. Rest on your bars.
SCIENCE AT WORK:
(Mar. 22-Apr. 20)- Interests may become highly diver- slied. Don't spread your energies loo thin but keep everything moving.
TAURUS
21-May (Apr.
21)- Le things causing trouble get in your way. Solve these problems at once, or anlow up. Don't become Inpatient.
GEMINI (May 22-June 22)-Best for you to stick close to routine today. Don't attempt too much. Guard against misrepresentation;
demand all the facts.
CANCER (June 23-July 23)-- Both 'social Anti business events appear disturbed, so take your time in making decisions. Use good Judgment.
LEO (July 24-Aug. 23)-Fair for ordinary activities but not the time
continuri expansion. extravagant ideas; be conservative.
for.
DRY-ICE RAIN-MAKING TESTS DISAPPOINTING
(By UNITED PRESS)
THE
HE U.S. Government reported, re- cently that it tried to make inin Iasi winter-and could not.
The report spread an official wet blanket on farmers' hopes that avin- tore can produce rain for them all 2. Why do we never see the other the year round simply by "seeding".
clouds with dry ice. side of the moon?
3. How many ouners in one pound Troy weight?
4. In what nation were agriculture, irrigation, written laws, wheeled In today's hand South was using vehicles and well developed city the two demand bid which required government established parts of the his partner to show aces. There-life of the people in 500 B.C.?
fore, North's three club bld simply showed the ace of clubs. The three heart bid by South was an asking bid, and North's response showed tha king of hearts. So all South had to do was to bid seven spades.
At this point East led the king of diamonds out of turn. The tournament director called, and he explained the rule. The king of dia- monds could be treated as a penalty card, which meant that i would have to be left face up on the table and East would be required to play 11 at his first opportunity.
Or else the declarer could condone
the lead, in which case it would stand, South's hand would become | the dummy and North would have to play the contract. The third option, and the one commonly employed, in for declarer to tell the offender to pick up the card led out of turn an call for the lend of a specific suit by the proper leader.
In this case South elected to call for a heart lead. He knew that North held the king of hearts, and he wanted to guard against the loss of a heart trick. But to his amaze- ment Enst trumped the trick and re- turned the king of diamonds. Now declarer was so upset that by mis- take he put the ace of hearts on the king of diamonds and Immediately West put on the ace of diamonds and won the trick. He returned another heart for East to ruff, and 'a perfectly good seven contract was down three tricks.
5. By what naticonlitles has Great Britain iven invicted?
6. Who was called Monk?"
the
"Mod
(Answers on Column 5)
CHESS PROBLEM
By K. ERLIN Black, 5 pieces.
X
Whire,
(0)
nieces.
White to play and mate in three.
Solution to yesterday's problem:
1, Q-KR3, any; 2. Q. R. KL, or
Pi males
CROSSWORD PUZZLE
Астрая
1. Could this make the tide drawn? adrerbearing and dictatorial.
8. 11 van, may do, this I i
unattended, (0) Convey to another place. (8)` Names. 17)
14. may be reset, (5)
10 Ear may hurn for 'change. (4)
17. Fiat bottomed
lovino. (4)
18. Minching. (0)
20 Deities. (4)
Down
bo
Dartly
19. Talented. (8)
1 He fabulously proved the stayer better than the sprinter, (0)
2. m. 199
5. It follows the deuce-no, you're
not playing carda. (0)
4. Period of time, (61
5. Sleeps lizhtly, (6),
6. Good humoured tailers. (0)
7. Borts put. (8)
9. Klects to got only the siita. (0)
11. otra in this form may no
alluring. (0)
12. It'e natural to do so after you're
Bred. (0)
10. Oşrikes with rear. (4) *
Solution of yesterday'a punalo,Kerusu and 7. Deaf, and dumb, 1. Undutiful:
Bear 14, Loch: 14. Her
18: 20,
Ceil: 17.
Q1. Lucki Rani 25. JUSSIķītā. Duwwi
**Umpteen million tons of dried eggs from U.S.A.~ a fine incentive to increased production that's going to be!"
BY THE
WAY
by Beachcomber
A
WOMAN in America "claiming EL divorce" be cause her husband "goes down
April
May
June
July
August
25.-The U.S. Aug. Department of Commerce sald today their new liberalised sales polley would permit China, the Philippines September and India to re-sell more United October States war surplus material which they purchased at bargain rates. The immediate effect would be to enable those countries to earn more dollart. But the total additional profit In estimated bt less than $500,000,000.
LONDON FUTURES London, Aug. 25.-Prices hero closed as follows: Beptember (in pennies per lb.) October November
December January (1040) March April June
United Press.
POSITION SOUND London, Aug. 25.-The statistical position of rubber remains sound, the Financial Times declared today.
on all fours and pretends to /pects the best market in the United Tuesdaying on figures issued on
bark guests."
whenever
night by the Rubber Study Group. the Financial Times saith production records for the first half editorially that consumption and
The new policy allows re-sale In the United States of steel mill pro- ducts, bulldozers and certain types of construction machinery, burlap bagg The and heavy six-wheel trucks, new polley will broaden the list of which can be sent back materials for sale in the United States market. The Department of Commerce ex- States for types of heavy construc- they have tion equipment and tractors which
are not on the present list.
China bought material worth originally about $500,000,000 at 22 cents on the dollar.
The Philippines bought surplus excessive; consumption is equally worth originally about one billion
good and even if allowance is made dollars and India bought $600,000,000 for a small decline in the last six worth.
months, the addition to world stocks The State Department. which should not be heavy."-Associated supervised the sales. said it was Press. impossible to guess how much of this surplus is available for re-sale or whether there will be a market for in the United States-United Press.
This is nothing to the tricks some hosts get up to, and, anyhow I am sure he only does it out of good nu- down "tear her ture, and not to Curb
socially," as
the American phrase goes. One way to stop him playing the dog would be for her to do the Fome thing herself. This would probably embarrass him very much. If I didn't there would be all the more fun in it, and the guests would end by joining in.
Oh, I say, look here!
FRIEND of mine once went to a All party. The guests but two had assembled, and my friend said to the host and hostess: "Lei's all get behind
that
A fashionable dinner
porta" published earlier, the experi-ofa ments with winter-type clouds were "very disappointing." the report body.". said. Now the authorities are try- ing the
same experiments 1on summer-type clouds to see if they respond differently.
and under this table, so that When they .come in they'll see no- It was thought a good idea, and when the butler threw open the door to announce the late
guests, there was no one in sight-except my friend, who had sprung from his at the last moment. hiding-plece
know what's the matter "I don't
The U.S. Government said it tried Special "cloud project" being carried with everyone," he said to the Inter
40 times to do that with winter-type clouds. And it did not world. In view of the glowing "kuccess re-
ZBW RADIO
H.K.T.
5. Programme Summary: 6.01. Children's Stary: Through the Looking Glass" by Lewis Carroll, Episode #: "The Lion and nad The White Knight".
the Unicom
Stall.
The experiments are part of a out jointly at Wilmington, Ohio, by the U.S. Air Force and
comers, but they're all under the the U.S.
table or behind the sofa." Then the Weather Bureau. They are receiv-shamefaced host and hostess and th ing help from the U.S. Navy and the National Advisory Committee Aeronautics.
on to their
other guests scrambled forcet and smoothed their clothes.
... Radar, cameras and other scientific Twenty years of uproar apparatus were used to measure the results of the winter experiments.
RESULTS REPORTED
Weather
in
Robert
of
Bureau scientists 630, Variety with the Lecuona Cuban charge--Richard D. Coons, ley's; 7 TMA with Tommy Handing C, Gentry and Ross Gunn-reported (DUCTS): 7.30, La Demi-Heure Francaise (Studio): B. World and Home News the results in the American Meteorn-
london Relay): 0.15. British Concert logical Society bulletin:
Orchestra Royal Philharmonie
Heecham Conducted by Sr Thorann (TS) 8.15, A PlayThe Freaps of Charles 2nd by Alan Burgess with Martus Goring as the King (DBCTS): 10, World and Home News London Relay): 10.15, Weather Report: 10.10, New Records of "Blue Varlely 135, A Serial Story: Sk" by Jonathan Sly (Studio); 11. Tindio News Reel (London Reiny: 11.15. Weather Report and Cluse Down.
OUTWARD MAILS
Unless otherwise stated, reglitered arlicies and parcel port close 30 ordinary minutes earlier than the mail. If mall close before 10 a... registered and parcels will cloro at p.m. on previous day. Malls are closed at Kowloon Central Post emce, half an hour earlier than tha 0.2.0. closing times.
THURSDAY, AUGUST 20
Closing Times By Air
Kunming 1.archow, Amoy, Shanghal. Nanking, Hankow, Tsingtað, Peiping Swalow, blhow and Talpeh, 3.30 p.m. Bangkok, Singapore, Batavia, Colombo,
Sydney and Auckland, 5 pm.
Closing Times fly Sea`& Train
1. No appreelable amounts precipitation were observed unless it was raining or snowing naturally somewhere within 30 miles of the treated clouds,
EMILIA RUSTIGUZZI, who is to
an argu-
be heard (and how!) In "La Tapioca" next week, hes been re-
An hearsing.
unloward Incident marred the first rehearsal. Brocel began the arin. "Little maid, fo give, when he became aware of the enormous proportions of the te maid, and began to shake with ing ward mirth. This gave his voice 5 very moving tremolo, which anne/- ed the conductor. While ment was in progress, Nusliguzzl 2. Even
to bawl then
began the precipitation Half the orchestra accompanied her "Tyrant, beware!" was too small
to be of economie (through fear), the other half went Importance. The experiments only
on with produced "traces" of precipitation, ho
arin. the
The conductar not enough to measure.
shouted
angrily, Broccoli fell into The orch
orchestra
tra pit; avioli 3. Cloud-seeding of winter chini were pinned beneath coling clouds-from known techniques-sed turret, and the stage manager does not produce enough rain to be was struck by a spent piccolo. But of importance to farmers or water the great Rustiguzzi went on howling conservation districts.
her part, and none dared say her
As a by-product of the experi ments, the US. Air Force learned something too. There had been re- ports that avintors flying above clouds could clear a hole through the cloud simply by, dropping dry ice. This would be of wartime value in "dog fights."
Jay.
HONGKONG SHARES
of 1048 "provide little justification modity's for the recent
Theakness in the com-
sald output is not
N.Y. FOREIGN
EXCHANGE
New York, Aug. 25--Foreign exchange closing rates were:-
Argentine Peso, (Ontela})
Argentine Peso Unomciat
Australia
Brazl! Business transacted on the Hong- Belgium
Canada kong Stock Exchange this morning
Chile totalled $240,000 in value. Detalls
England and noon prices follow:ama
BRAKES GOVT. LOANS
21 (3548).. DANKS
IK Dank..... East Asia INSURANCES
Unlon
France India
US$ 2077
2034
3.23
.1330
022945
03.11/10
.0335
4.0012
.0032
BUYERS SELLERS BALES
.3024
Mexico
1403
30,000 101
New Zealand
Peru
.0.00
2020 2010
Portugal
.0404
130
South Africa
Sweden
770
200 775
Switzerland
290
Uruguay
Venezuela
Shanghal (per Gold 'Yuan)'
.2000
Netherlands
Batavia
3776
Singapore
4725
2650
United Press.
HK Fire DOCKS, ETC.**** K. Wharf (0) K. Whart (N),
Dock Provident LAND, ETC.
30
HK Hotel
1095
IIK Land
7814
9'hel Land
5.15
020 6 6.10
Humphrey.
19.30
----
Star Ferry
130
C. Light (0) 21.00 23.20
100 220
4045
1000 na 22 500 40
Macho Electric 21.60
INDUSTRIALS
Cement
STORES, ETC.
Dairy (0)
Elétric
HODC
Watson (Old) Lane Crawford
4134 4214 300 412%
10
4732
49 ta
50 BI
London Stock
Market
London. Aug. 25.-News
Hongkong
ZURICH EXCHANGE
Zurich, Aug. 25.-The following ex- change rates were quoted in the umomciat Inarkel here today!-
U.S. dollar
Sterling
Argentine l'esa
3.05 (Swiss Francs) 11.20
United Press.
CHINA PRODUCE
QUOTATIONS
New York, Aug. 25-China produce Was quoted In the New York market today follows:
Anliced Oil, per b, F.O.B.
New York C Cassin Oll
0.75/71
per lu, F.On
New York
Agar Agar per ib. F.O.B,
New York
froin Tung
Cars,
2.00/2.50
3.35/3.40
0.21-1
Oil, in tank Moscow and better trade returns for FO.D. New York, per tb July made for a cheerful stock mar-Sandalwood, in drums, de and Zucket, but there was no increase of pending on quentity 4
business.
quality ................................... 13.00 nb:ninni Berylum, (10 to 12 per- Perhaps the day's two chef
cent) per ton features were the "hammering" of Molybdenum,
small stockbroker who found the
per 1h long downward drift in prices and of business more than he could cope with the Arst episode of that sort
CHECK YOUR KNOWLEDGE
Answers
* 20.00/24.00 (00 percent)
0.45
BRISTLES
•
Uristies, as follow:-
FOB. New York, per
in a number of years-and the Honkow, regular assortments .. 4.10/4.15 activity hospitals and other Chungking regular assortments 3,00 charitable institutions in buying up hanghai regular amortigiants debentures of various Uruguayan Tientsin, 204 shorts railways. These institutions are now
the chief holders of those securities.; for they escape payment of income
Tientsin, 20' regular
3.75
6.30
11.00
-United res
tax on arrears of interest due which NEW YORK METAL
will be paid off when the Uruguayan Government takes over the British- ding for some of these debentures awned railways. Institutional bid-
But the scientists at Wilmington found it worked only. one out of 1. Buenos Aires, Argentina. 2. The every 20 times at most. And there moon's rule of rotation is 12 ounces Hollow and Pakhoi via Holhow (Bea) a) was some doubt in their minds as to as that of its revolution. 3. 12 ounces, carried the price beyond reach;
ico actually was 4. China. 6. Romans, Angles, Saxons, cases where a Jutes, Danes and Normans. 6, Rao-
putin.
p.m.
Manita, Mauritius, Mombasa, L. Marques and South Africa via Durban (Sea), J p.m.
Macao and Tainshan (Bea) 4 p.m. t Kongmoon (vin Canton) (Train) 5 Dan. Canion (Parcels di 2nd class mall) (Sex)
0 p.m.
FIDAY, AUGUST 21 Closing Timsen By Air
Canton, Kowloon cro) 730 h.m.,,10 n.m., 12.40 p.m., 3 pm. (GPO) 7 am,, 0.30 am, Noon, 230 p.m. Shanglia, a.m. fregi; 5.30 a.m. ford). Shanghai, Nanking, Hankow, Tenginn, Peiping, Swatow, Amoy, Foochow and Talpek, 3.30 p.m.
Closing Times By Sea & Train
Macao and Tsinahan (Sea) 0 a.m. Cennda vin Vancouver, B.C. (sex) 19 d.n. Formosa via Keelung (Rea) ·20 nm, Manila (Bea) 10 a.m.
Saigon (Ben) 10 nm.
Maceo and Elnahan (Bea) 2 p.m. Canton (2nd Clans essall only} (Train)
2 p.m.
Gwalow (Ben) 1_pm.
Bangkok (hex) 2 p.m.
USA, Canada,-Central and South Amerles
Mac and Trinshan (Be)
via San Francisco
(No
Canada) (hex) ♬ p.m.
Shanghal (Bea) 5 pm.
Kangmoon (Bea) 5 pm.
15
□ p.m.
1. fumo-bel5] 2. Indsavoar:_&_Admntrali
4. Pull-back: 5, áiroslogu: 6.
Fier Across: Me 1: 10,0 19, 17.
whether the dry responsible in the hole did appear.
EPIEGRO PALYS SERVICE.
EVENING Poer
Parcels for
THE BATURBAT
p.m.
Canton (Parcels &-2nd class mail) (80)
""Trust Gamuk to take the warmest spot in the house.”.
MARKET
New York, Aug. 25-The following prices were quoted in the molal market of the ordinary Investor, who here today!
subject to incomo tax and and
Antimony (American #9-1/2 porcent) In bulk of purtax on receipt of such arrears,
carload lots. F.O.D. Texan US$ 6.35 Brilish Government
securities
Tin Grade "A" (00.5 ́ per- closed firm with War Loan and cent or higher) Transport stock 3 percent up 3/16ths. Industrial issues were Arm and ihere were numerous rises of a shill- Ing or so with tobacco shares very strong.
Oll issues were better with Royal Dulch up 4th at 23/10% and Canadian Engles,up. 1/6 to 32/-.
European bonds were fractionally better-Unlied Prosa.
Wall Street Quiet
Now
York. Aug. 25--Prices moved irregularly on the New York Stock Exchange. today in its third quietest trading session of this year. | Transactions fell to 520,000 shares,
There was nothing to Influence the market. Changes throughout the list were mostly
fractional, with railroad issues creating the only feature.-United Press.
Tungsten, powdered 109.95
percent). T Wolframita, Chinese
containing Tungsten
Trioxidol duty paid F.0.1. New York, per
1,03 3.00
ehartton you 24.50/24.50 The following prices were quoted for scrap:
Copper F.O.D.
Lon
(Light) -........................ US$ 15,75/16,00 Lead. г.o.n per. ton
theavy soft)
17.00/17.30 Steel, 7.0.B..
por tan INo. 1 heavy melting) 38.00/30.00
UUnied Press,
Exchange Rates
Business was done in the focal un oficial exchange market this morning i
following rates:-*
in
Gold yuan (per Yuan) CNC (per 11' m.lega Sterling pound note (per £1) US dollar, (per (1) Gold bars (per taol)
IC plastres (per 100) Siam Ucals (per 100) NEI gultiers (per 100)
1.30.
0.41
14.20
8.23
316.00