THE HONGKONG TELEGRAPH, WEDNESDAY, JUNE 15,
FOR YOUR SPARE MOMENTS
MCKENNEY ON BRIDGÈ
Declarer's Redouble Cinches This Bid
Ell 4A1002
7543
KQ
DUMBBELLS
(REGISTREDUSI
DO. YOU LIKE
HORS D'OEUVRES,
40743
N
❤ 10 0 0 5 €
W E
+8
732
AKJ10
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Dealer J
4567
Lochridge
4K5
KJ2
902
A10904
Tournament-Both ̈val."
West
PATENT OFFICE
EVEN IF I DID YOU CAN'T RAISE THEM IN
THIS SOIL.
A
MIDWEEK BOOK PARADE
BRITISH OFFICERS IN
A PRISON CAMP
THE CAGE By Dan Billany and- David Dowoy (Longmans, D/G) AN Billany and David Dowey DAN
wrote this bools . la an
BY THE
WAY
by Beachcomber
THENEVER It is an- Wnounced that the Chan-
#
century is the theme of this latest Hervey Allen novel. It is collor of the Exchequer will the third in the series of five hive, a few hundred mil novels which will eventually be lions surplus at the end of published under the title of
The Disinherited, and readers the financial year, up popa who already know "The Forest an economist in a pointed and "Bedford hat to explain that the sur- Italian prison comp, between And The Fort" June 1942 and September 1943, Row" will welcome this addi-plus "exists only on paper. when they were released. They ilon to ule series.
Palsangulennel. Aré the enor- left their manuscript with an
In the early stages of "Toward mous Post Offes profits, and the Italian farmer who kept it until the war was over. After that. The Morning," a young couple, gigantic surns lost in gambling they were never acen or heard Melissa and Sainthiel, set out on food, and all the gaps and taxpayer makes good--are these also "only on paper"? Carry me out In a singularly small basket! Cram me with cels! |Beautifying Oxford DEAR Sir,
of again and it is assumed that in their wagon towards a new deficits which the CHESS PROBLEM they were recaptured and lest life, and as ons gens no
their lives in on attempt to driving scat Melissa sees
hawk rise up, sad instantly she identifies herself completely with the bird.
#sy O. STŘEBATU
South
IN.T.
North East Pass 10 Post Foss 24 Past 2 N. T. Pass N.T. Double Redouble Pass Pars Pass
(BCF Tourney 57) Black, 10 pieces.
B
BY WILLIAM E. McKENNEY
CONTRACT bridge has come a long way since it first enter- ed tournament competition In 1020, It was played in New York for several years before that,
Vanderbil Harold B. brought the game over from Europe and initiated the type of scoring that is used today.
Two events were compeled for
1
escape.
The Cage" is a portrait of a small
group of British officers in captivity. The daily life of the prisoners is described.in detail, including all the irrita- tions, the Inevitable friction be tween men in prison, the hunger
For a brief moment of gas-containers (and even at
FOR
Japan's Yarn
Output Cut
Tokyo, June. 14.-Déclhi- Ing overseas nizekëto Have forced Japan's yarı file. dustry to cut production by 1,000,000 bato 21,000,- 000 thin the July to September quarter accord :-, lur to press reports here, i Syntheils abre manufac Interd; who: prođuta rayon yari, plán të send á ale÷inan irade mission 'on'a' world tour this summer ta Bøbst tho overseas
Japanese products—Reuter,
THE BUSINESSMAN
BURMA'S NEED FOR FOREIGN CAPITAL
Britain's Answer To US Protest
Over
Trade Pact
London, June 14-Somo
details
became
known today of the British arguments against Washington's protest that the five-year. Anglo- Argentine trade pact is for too long a term.
Responsible financial quarters have argued that a five-year agreement is necessary because Argentina will not until 1954 be receiving and paying for many of the major capital goode she will have ordered in 1952. Ke
If the life of the agreement, Dritain to get these payments. were reduced to three years, as Otherwise, she would be pay- Washington appears to desire, ing Argentina promptly but sach Argentine orders could be would not be getting paid. placed in Britain only up to next year, and might then have to cease for lack of a payments agreement,
Balance
It is also argued that, neliber alde has made any firm com- mitment. beyond the price. of
of deliveries, and meat for one year. In respon
siblo
financial quarters it wan therefore of payments, may run sald today that there is nothing In Argentina's favour for as much as three years, since it in the pact to, prevent Argen- takes longer to produce capital tina ceasing all purchasses from the Sterling Area," Including goods than to produce meet or
Sterling oil, corn. Only in the fourth and
Une United States can offer lower prices fills years would the payments be squared over the five years
and
Argentina can obtain the Juba 14. Burma as a whole.
necessary dollars. Thus
"She mounted with him. On pinions borrowed by the mind While not by any means in she followed and towered with agreement with those unre- him far above and over the pontant wsthetes who sneer at and anticipation of precious Red sustained vision she caught hold power houses) I pride myself on Cross food parcels. But
drama of the wings of the morning being broadminded enough to Also finds its place in the Cage. and looked down upon the land see their point of view. Could Side by side with the monoton beneath." It was a vision. Anot both schools of thought be needs foreign capital to develop ous boredom of'n small world "t of seeing-everything-at-satiefied if the now gas-con her
mineral resources, enclosed by barbed wire is a once" that terrifled her and yet tainers at Oxford were skilfully Prime Minister, Thakin Nu, sald psychologien battle raging be- gave her a joyous ecstasy. tween two of the prisoners.
White, & pieces. White to play and mate in two. | secs
Solution to
in the national tournament held in Cleveland in 1929, the open Cavendish pair event for the Club Trophy and the knockout problem: team-of-four
event
for
the
It is n
Rangoon,
today.
the-run
thatched, 'ond oramented with lattice windows? Creepers could
He estimated the amount of also be trained over them. This would preserve the rustic at- foreign capital needed as 200 mosphene of the elly, and at the crores of rupees. same time avold the
Given sound development and expense
Alan Malsen had led a narrow
long but fascinating life, and has a neurotic fear of atory of the search
for the women. His desire for honest Promised Land of the West, a friendship and open self-ex picture of hunian trust and dis pressions has been entirely trust, greed and desire
for of erecting Gothic containers to management, Burma would be frustrated until, in David, he security, written
could help who is truly
by an author match some of the older build-able to repay it within 10 or
of 10 a master of the Ings. Gasworks are not out of years, he added. English language.
place in seat of learning, since Thakin Nu made these Ja knowledge.
of gas in all its estimates in a aspects is surely a branch of ment study more likely to bear fruit foreign today than the momorising of Parliament Latin and Greek verbs.
Yours faithfully,
him.
someone who alpicious
But David is yesterday's and embarrassed by the
pranches of his fellow prisoner. The two talk, David yearns to
1, P-B7, any; 2, Kt, or P (Qbo free of the dog-ilke devotion
CHECK YOUR KNOWLEDGE Answers
Vanderbilt Cup. Since then theor R) mates. Vanderbilt Cup contest has been held in New York and is con- the blue ribhon event sidered of bridge.
This year the secretary of the
Cup Vanderbut
committee, Charles S. Lochridge, of New York City, was a member of the winning team. He gave me today's hand, in which there are some Interesting points in the bidding.
Lochridge sat South and his partner was Morrie Ells. The first
of this man who is four years older than he, and Alan elings to him seeing his only chance of release from a captivity of of the spirit far more terrifying than the merely physical ime prisonment of the POW camp.
THE BONDMAID By Pearl S. Buck (Methuen, 10/6)
With "The Bondmaid," Pearl
"Fed Up."
un
the
written state- Government's
Inid
heloro
tha ogreement must long enough to
allow has
Secret Talks
On Future of
Tin Industry
The Argentine · Governmert, merely agreed to admit. certain quantities of British
"If there goods
is sufficient
demand".
I will, therefore, be up to British exporters to provide the kind of consumer
and capital goods that Argentine consumers and manufacturers want, and at, the right prices.
Argentina wants capital goods rather than consumer goods and will only admit the latter if thero London, June, 14-The Inter- is an internal demand. Sho, Poday.
national Tin Study Group today could now have the Sterling to beran seerei talks on the future | pay for some of both. Answering a question about of the world tin Industry.. Thus British exporters will whether foreign capital would Welcoming delegates from 14 have to study the Argentine. become available, the statement countries to the talks, which market. An Argentine pur Buck adds another one nevel of Drastic measures
said: "It is true that in the pre-will last three days, Mr G. R.chasing, mission may come to China to her already Impressive
sent circumstances of our coun
Minister Strauss,
of Supply, Britain to buy capital goods, but a young Chinese A WOMAN is reported to have try it will not be easy to attract urged that the list. Peony.
"wider social British producers of consumer sold as a child into a rich Jewish household, falls in love world's shortage of foodforth such capital, but leading coun- Issues" of world recovery should goods will have to flad or create New TOWARD THE MORNING with the son of the house as very simple. Eat almost nothing, mulded not merely by considera. not be overlooked'in solving the demand within Argentina-
By Hervey Allen
she Ewa David
older. But tradition Live on juices and herbs. A still tions of security and proft but tin industry's problems.
The delegates
are expected (Heinemann, 12/8)
would be to eat by the need of maintaining must marry better cure says that
of The dramo of American Leah to whom he was betrothed nothing at all.
to discuss the possibility Then, when
Burma As A bastion of de-
a world conference conunking a westward expansion in the 18th as a child. There is happiness, everybody had died of starva-mocracy."
and sadness, in this spiness,
an International tin love tion, there would be ample food.
It would be necessary, never- agreement, to ensure a balance story which introduces yet an- With my rife-rol-de-ri-do.
theless, to assure reasonable pro- between supply and demand at At and conditions of security, the equitable prices. Premier added.
1. Sofa. 2. Quartz sand, known to chemists na silicia,
4. British 13. Corsica.
Guinea. 8. "He painted it," often abbreviated to pinx. 0. In the Poets' corner of West- minster Abbey.
bid made by Elis, in BOYS AND GIRLS MAGAZINE
response to South's opening bid
of one club, was one diamond. When the contract reached three no trump, East's double asked his partner to open the first sult bld by dummy, which was a dla. mond,
Lochridge did not want his partner to run out of this con- iract, hence his redouble, which said, "Partner, if you do not have the diamond suit stopped, I do." made five-odu doubled, which made this one of hands that brought his team from behind to win the match.
11
the
Check Your
Knowledge
1. Name the capital of Bul-
garia.
What
is
Teddy Bear Composed a Poem
The Shadows Each Added a Stanza......
By MAX TRELL
the
V NARF and Hanid,
shadow-children with the turned-about names, and Teddy, the Stuffed Bear, were all going to the grocery store. It was a lovely day with a blue sky and a few clouds kee puffed-up pillows.
Teddy held Knart and Hanid's hand and they all went hopping and skipping down the road. All nt once Teddy stopped. Just thought of a poem," he said. Knarf and Hanid instantly asked Teddy to recite the poem. "It goes like this," he said,
First we skip
Then we hop
Skip hop, skip,
cure
other enchanting Pearl Buck In passing heroine, but it is also an hus-THE whirligig of time has
of the way in which the Jews have become accepted
"Foreign interests amusing an
brought in
will
to
United
Reuter.
RUBBER
TRADERS
WATCHFUL
New York, June 14---Hubber, prices today wobbled in a thin'
Countries attending the talics befure: Australia, Belgium, Boll- to the via, Canada, China, Czechoslo- and absorbed into the Chinese revenge. The flim actor Sinatra particularly anxious' as way of life, 100 years ago, when was referred to as Sumatra in fate of their capital if Coth-valtia, France, India, Italy, the Interview the other 'day. manian wore to overcome Netherlands, Thalland, the this story is set, the Jews still an
think this United Kingdom, the bed Burma. We do not Sumatra was bombed practised their religious
rites, When
will be our fate, but in discus States, and Malaya, Observer market and were responsive to the war, the misprint but today they think of them- during
tho matter we shall from sions on the reduceo. bombed" selves
"Sinatra as Chinese--they arc
millions
admirers to have to take account
of this European Economie Co-opera-small orders either way, a Chinese.
fear." despair.
tion and the Tin Research In-traders kept a stitute are also attending.-AB- the trends of other commodity sociated Press..
(Tomorrow-ecorded Muals)
of his
-{London Expresa-Service)
YOUR BIRTHDAY..........
WEDNESDAY, JUNE 15
By
STELLA
Own
.-
NO GUARANTEE `
The statement said that Burma could not give "any ab-. solute guarantee" about the future, but "If we do our best
to minimise the foresecable risks, and so long 'na our attempts are sincere, I do not think the fear of what might happen in
Organisation
HONGKONG
SHARES
$58,000 101
$50,000 # 101
1040
113
645. OTO
markots.
watchful eye on
Lower London and Singapore cables started the market · off·
prices rallied"
Lack of offerings, and reports" that the government might start: stockpiling next week, aided the rally, but there was a lack of staying power in view of recent disappointments.
Market
sentiment
brief but
for a while, only lo settle Back to nervous liquida- tion and hedging at the close
Expiring July contract showed the best resistance, but Decem- PORN today, it is unlikely that world is very apt to take you at the unknown future will affect
The turnover on the Stockber finished within ave points, be happy in any your own estimate. You have you will
Exchange this foreign.
morning was of its lowest level. eign.capital." feld outside of the fine arts. You what it takes. Use it
$253,350.00. Transactions and "the basis whercon noon prices: 'Discussing have
which definite talenta
You are-fond of your should be developed to their home and are much happier en- we shall accept financial aid SHARES BUYERS SELLERS SALES utmost for they could bring you, tertaining others there than from abroad-whether as a loan GOVT. LOANS
the 311% Coan [not-ont-fame-and-zucċess;-but - "going out: on the town" and-in for an investment, or both-9-Loan
anid that in regard statement fortune as well. However, It is
In public dulging
entertainment.
(1048) I thought of a poem," said Teddy, unlikely that your life will be an You might get out a little mure the programmes of large-scale BANICS
development,
HK Bank. embracing many easy one and you will have to without it hurting you, too. You
East Asia, felda and covering the entire "I can't think of any struggle against many odds be will be happiest if you may country, the only suitable course
INSURANCES
Union. fore you win out.
young and have A quite
be to obtain the capital on DOCK, ETC. little while longer, and this time Your originality of thought and family of your own. Be sure, loan and con
out the pro- that all?" asked Hand in Hanid stopped suddenly. "I've you if used wisely: a handicap if one who can encourage you in course, safeguards to ensure that
and action can be a real asset to however, that you select some
grammes ourselves, with, of just thought of the second stanza used without tact and considera- your Idents and ambitions and the loans are not fritlered away, a disappointed voice.
To Teddy's poeml" Teddy nodded.
"Let's hear it," said Knart and tion of those who are not as who will progress with you,
Never be culturally and intellectually. Teddy.
quick as you are.
"Regarding, however, Indiv!- satisfied with mediocrity. If you
dual projects And enterprisca This
To find what the stars have in that are not capable of establish- are content with too little--that
store for tomorrow, select your in a stranglehold on the econo- is just what you will get.
un birthday star and read the cor- mic life of the country, wa Του
much inclined, to derestimate your own ability, responding paragraph. Let your should be propared to accept: you must have confidence in birthday atar be your dally foreign capital as an investment yourself, Remember that the guide.
Hop, skdp, hop,
basic
All the way to the grocer's
shop, And then-and then-
Wo Stop, "I
the 2. material used in making glass,
country 3. Of what Napoleon Bonaparte a native?
was
#
more common
4. Give name for Papun,
5. What is the meaning of "pinxit"7-
Where 0. Dickens buried?
was
Charles
(Answers in Column 2)
CROSSWORD
* Acros
and 4. it is in circuit14)
2. It gives you the los
17, Happen. (D)
(B)
10. Roman could máks thik, (4)
12. Races* in, a way that would
startin. (5)
15. A girl you could take to. (4) ►
14. Sipheros, 1
16. The science of the right, yas of
Jaga langusgo." (73
:18. AS 10 Lifferentia: Formation' thi
home might nibble. (4) SE
21, Sea B. DoWE
Should Bo More "There should be more. There should be a second stanza to that Doom, Teddy?'
Rupert & the Arrowr~-17|
Teddy, more.
So then they went along for a
is the second stanza. - What do we buy
Soda pop,
And one
Lollipop.
At the grocer's shop?
"Should
there
bo?"
sald
A broom and a mop,
A carrot top,
Enormous
And then-and then.....
We
STOP.
As Mr. Chimp opens; the tront door. Rupert anatches up the arrows and squeezes pası him.”.... As he had expected. Podgy was standing there, and with him the old, Professor'a dwari servenit. "Ah, there they' are..our precious arrows! The vary things i fiave been sent to look for," 'cries the little dwarf. ***They belong to; my mester), is's lucky, i mu Podgy." He told me you Had them. There should be a third one, Hava you scen it?" But Mr. Chimp la still angry end very puzzled.
*D'you mean to say that you broke my window 2" be cries.
ALL RIGHTS RESERVED.,
tamil at something witBRONCHO BILL
20. A reitafous mendicant of India.
123 Ripe for a change at the penaldo.
13.11⁄2 makpà! the flock elog. (8-4)'
Where you naturally expect to
media crack rate: (4,5)
and 20, Simpleton. (10)
4. Kigntangled. 17)
Could the meanų 1413
nothing to dromi." (4)
·Rosting places, ((5)) You can make
out of 1
part. (4)
BRONCHO
ماسارت
AND HIS RANGERS DECIDE TO ESCORT A WAGON
THURSDAY, JUNE 16'
homo
GEMINI' (May: 22-June 22) ---- 'SAGITTARIUS' (Nov. 23-Dec, Business affairs are oli right and 22)-Perhaps you can start a
appear
cspecially journey today. It could bring a employees
In accordance with the provi- sions of the, Constitution and: other existing laws."-Reuter.
"But the poem Isn't finished favoured. A change will be fox great deal of special happiness. NY FOREIGN
yet. We need a third stanza, Knari sald. It wasn't until they were all on their way back that Knurf suddenly stopped. "I Just thought of it," he said.
First we skip Then we hop
And then and then-, WA We
Stop
And stop
And stop and STOP
And drop
The broom, the mop, The carrot top
The soda pop
Because we're: licking'
The lollipop
All the way homa
From the grocer's shop.
And that's the whole poem,
EXCHANGE
the best.
CAPRICORN (Dec 23-Jan. CANCER (June 23-July 23)-- 20)-A surprise today can be a Improve your business by ad- happy one. A good day to begin vertising or direct mail A letter a honeymoon.
AQUARIUS (Jan. 21-Feb, 19) might bring you a contract if
-A romantic day. Don't mind wrilion today.
LEO
23) too much if business" appoura |(July-24-Aug. Stimulating changes may prove dull, and monotonous, it prob Canada (dollar) exciting. A new friend may ably is!
England ometal bring you a great deal of happi- PIÈCES (Feb. 20-Mar. 21)—
Cha England 30-day
- futures Your personal integrity is a England 90-day
futures VIGO (Aug. 21-Sept 22)— badge of success today. Do what Get outdoors if you can. An you conalder right. All will be Australia (pound)
New Zealand carly vacation should prove very well.
(pound). beneficial. Rest and relax
ARIES (Mar. 22-Apr. 20)-- Bouth Africa
(pound) LIBRA (Sept. 23-Oct. 29)--A pleasurable day, especially if Today can bring a very pleasant you are dealing with the public. Belgium (trano)
Ballura Ires “Viki surprise, indeed Perhaps there'll Make the
tunities, most': of its oppor Denmark. (krone)
Franco-officiel be a new romance.
ness.
SCORPIO (Oct. 24-Nov. 22)— TAURUS (Apr. 21-alay 21-France free
France commercial and that's what, Knarf and Romance is better than business Combine business and pleasuro falland guilder)
Some Iutyofficial Hanid and Teddy, the Stufted for you today. -Concentrate on for the best results Bedr, did
romance may come, your way.
social life for good results.
N-n-nosiree! ⠀⠀
READY
Italy export sangka Norway (krone) - Portugal (escudo) Spain (pesela) Sweden (krona)
Switzerland unemcial.
'Buddle East Egypt (pound) .... Iran tell) · Turkey (lirn)
By Harry F. O'Neill: Switzerland-free
STICK TO
IT, LEADPANTS VOLTANT, SCARIO,
Closing roles
June 13, US$ (85-2
Latin America Argenting omotal: Argentine-unomcisi Dranil forsizalto) Dovia: boliviano)
3.06-12
4,04
4.00
. ມ
2062
་ ་
K. Wharf “N. P. Wharf '0%
Deck, Provident,
Wherlock
LAND, ETC.
HK Hotel, UK Land,
mixed.
Prices closed eight
na follow, points lower, sales totalling 126 contracts.. Juno (in couls pet.
La still-
to 28
with:
b.)
16.30 hominist
Juty
16.20-5 traded
12.10
August
10:17 zaminai
20
100029 September
10.15 traded.
October
16.01 nomina)
November
18.38 nominal
B 100 81
December
15.75-8 traded·
012
January (1950)
15.66 nominat
UTILITIES
S'hai Land, Tram,
3
2500 ₫ 3.10
February
15.58
March
15.00
....10.70
April
15.43.
C. Light
Miny
25.40
(0),.... 13.20 13.10 300 @ 13.30 1800 @ 13.40 C. Light
Ru Electric,
June
July
15.30
020·0%
August 6POT
33 3300 ↔ 33.
alled Přem.
1000 F 334
20
*231422.60
Telephone INDUSTRIALS
Cement STOKES, ETC
Dairy Watson
COTTONS
Ewo.
MISCELLANEOUS
Yangtae
**
33 34 100 € 34
5000 35
CHICAGO GRAINS
Chicago,
June 14--Grain after prices today rebounded
a shaky start, responding to com-, mercial buying in wheat follow- 020ing the re-entry of the govern- to the Gulf and reiterated complaints of crop damage in the south western harvesting prea because of further": excesi sivo rains.
DOHTI met into four buying for ship
LONDON MARKET
London. June 14-Price: in the rubber markel here today closed Tower, as follow
th
July (in pence per Ib.). 10.1/18" October/December
January/March (1950)
9.16/109
United Press.
OUTWARD MAILS It is hereby notifed that malis” to shanthal cannot be accepted until further notice,
Unregistered letters and post-. cards only for Tientsin, can do. accepted by surface route.
Unless otherwise mated, re gistered' 'arlicton" and parcel posts close: 30 minutes' _ éarlier than the ordinary mail, „It mails, close before 10, ., registered. and parcel postal close at 5 pm, Malls O on the previous day. closed at Kowloon Central Post
·Office half an hour earlier than the CPU - closing times, DGAR
** WEDNESDAY, JUNE 1979, Closing Times By, Alr. Hollow, Taipeh, switow; Amby, Chungking and Changtu, 2.30 pun, di Prices closed as follow-
Date Closing Times by gCAN WHEAT-per bushelin centr
USA, Canada, Central, Red - Houth SPO
Ameries vin, San Francisco (No Pare. -+1,9534-%% - wels for Canada). 3. pani e g
1.D54
* Swatow, 3 pm.
Alsoy, Pangan na
·Manila, Adan, Egypt de Marwellies,
ask - Formosa via" Keelung -and Japan, 2.3016-3.p.m.
Balgott and Paris, 5 pm.
July
September
December
Moren (1050) i
03128
CORN
July
です
0350
0130
Sept
Kack
1.01%
SPOT 3pm,
1.1338-15
ZAMA THURSDAY, JUNE 10, Kant Ciesing@Times By‹ Alr^
Swalow and Am07; 0.50 am. (kng);