1948-04-12 — Page 7

THE HONGKONG TELEGRAPH, MONDAY, APRIL 12, 1948.

FOR YOUR SPARE MOMENTS

SIDE GLANCES

By Galbraith

qutline they

Corn 1945 DT MYA BERVICE, INC. T. H HEG UM PAT, O17,

"Now that we've got all the mumps, measles, now hats and relatives disposed of, how about one band of bridge?"

• MCKENNEY

ON BRIDGE

'Higher You Bid, Better You Play'

By WILLIAM E. McKENNEY

VOJ 105

.

Kd2 ♥KTOS

QJB.

* 10 4 2

N

Check Your Knowledge

1. What name is given to the yacht of the president of the United

Sintes?

the

EXCLUBIVE "TELE GRAPH' FEATURE

YOUR BIRTHDAY.

'MONDAY, APRIL 12

BORN today, your high degree of

mental agility and tendency towards impulsiveness must be watched if you are to achievo the heights to which your Innate talents would entitle you. Utilise all the facets of your mind and learn to develop your patience.

By STELLA

clothes and personal appearance.

However, you girls born today nake fine home-makers onco. You find that "one person" in your life on whom you can lavish your nome- making instincts. Wed only upon long acquaintance for the best hap piness.

to

Both you men and women expend so much energy that you need take care of your health and see that' you kel plenty of wholesome, nourishing food. Simplicity in liv- ing will be the answer in most cases.

Select

a life career early in lifo and stick to it. Concentrate on this goal for the best results. Don't at- tempt to do too many different. things at once. Above all, learn to finish one job.before you begin a

When young, you are the type who WHI try anything once for 2 thrill. You have little regard for personal dunger and ask only of life that you never be bored with routing monotony. You are always looking for something exciting. Parents children born on this day are like ly to be exasperated at their pro- Keny's terrife netivity. If they are wise they will and something in teresting and constructive for any ille handel Don't expect your new one. youngster to sit quietly in a corner, reading a book or sewing

To find fine a

what the stars have in seam, when there's all the activity store for tomorrow, select

your of the great outdoors. Your girl is birthday star and read the corres. apt to be a tomboy and it may be ponding paragraph. Lot your birth-

while before she cares about day star be your dally guide,KAT

TUESDAY, APRIL 13

a

POCKET CARTOON by Osbert Lancaster

"Just say Eighty-nine

point five

BY THE

WAY by Beachcomber

No wonder

7

FOR TILE BUSINESSMAN

Millions Of £ Wiped Out On London Market

London, Apr. 10-Thanks to Sir Stafford Cripps' wholly unexpected budget, the London Stock Exchange.ended the week in considerable confusion.

HONGKONG STOCKS

Volume of business done on the Hongkong, Stock Exchange this morning totalled approximately $419,000. The following list shows

business transacted during the session and noon closing prices:

ANTARER DUYERS BELLERS SALER DANKS

UK Bank

East Asia INSURANCES

Cantoom Union... Underwriters

IK Fire Docks, ETC.** Whart Co. (0) BockR

Provident..... LANDS, ETC.

Hoteli

HK Land S'hai Lands Thumphreys UTILITIES

Trattin

Yaumati Ferry

2030

133

2030

5 or 2040

320 410 100 400 000 * 700

320

Selling of British Govern- ment securities had a ritualistic air. It was not heavy, In volume but very effective in wiping out millions of pounds Sterling off market values. For example, British transport stock fell 27/6 to a new low at 05-3/8 at which love it yields 3-1/4 percent, and Old Consols fell to a low of 76-3/4 where it yields 3:30 percent.

The Financial Times index' of government securities, in closing at 111.43, touched the lowest level scen since "invasion year" in 1940. But commentators agree that the fall was mainly psychological due to a a persi- mistic beller that well-to-do people, now threatened with 3121030551"

a "capitat 200 222 levy." will be driven out of gilt- edged securities into the unchartered waters of industrial and

mining shares.

173

10 381

EA 9 3

31%

23

800 12

221% 23% 1000 or 227%

500 24.15 SLEO GRASS 100 44

42 4314 300 43%

21

C. Lights (0)

24 24120 500 / 21

Telephone 101

C Lights (NI 10 20 Electric

1024

45

INDUSTRIALS

Cement

Hope

STORES, ETC.

Dairy o

Watson (X.

nts. Watson

50

Rights)

Late

I

Crawford

in

in

COTTONS Ewo ...

ARIES (Mar. 22-Apr. 20)-The LIBRA (Sept. 23-Oct. 23)-A entertainment fields are favoured. socially happy day and a good time The luxury markets in jewellery for making or receiving a marriage and millinery appear active.

proposal. It's spring and there's

air lines lose TAURUS (Apr. 21-May 21) romance in the air.

money. The first reason is Ditculties should disappear today SCORPIO (Oct. 24-Nov. 22)-that the liners are too slow for and very deßnite guins made on Avold over-extravagance and con- some important project. Be ener

summate a prostable deal with your people with really progressivė getic.

employer if you have one. Get your minds. way.

How humiliating it is to be re- SAGITTARIUS (Nov. 23-Dee-peatedly beaten by sound. Then 2)-A good day for social advance-again, they are not big enough, and tent if that is what you are seeking. do not go high enough. And look at The clothing trades are niso favour-the dowdiness of the people called cd.

so ludicrously, air hostesses or

or aerin! CAPRICORN (Dec. 23-Jan. 20)-receptionists, or air-trafquettes. be practical when it comes to plan- note that, on one line, they are even canning a business trip. Keep a care-forbidden, to drench themselves

ful eye on ali expenses.

perfume. I suppose backless even- 19) ing gowns will be banned soon and

the miserable passengers will have | nothing to look at but cloud forma- tions.

GEMINI (May 22-June 22)-- Malters connected with shipping ap- pear in betler stupe than some others. Chemists find the day good, abo.

CANCER (June 23-July 23) More of a social than a business

day, Marriage and romance are in the foreground. New friends be profitable.

LEO (July 24-Aug. 23) Current moves can improve future prospects. Be tactful but get exactly what you

go after now.

con-

VIRGO (Aug. 24-Sept. 22)-Kenl 2. What two varieties of stakes) esiate, building, forming and grow to the largest size?

struction are favoured vocations to- day. Make progress In new, plan- 3. When and where

ning. rlic teering of, needy children originate? 4. Who composed Tha Minute Waltz"?

ད.

Are bats blind?

6. What is a cormorant applied to human beings?

when

4874 DO

ŠARI?

100W El 752

Dealer

Clawell

4AJ953

A-32

*ሉ።

4Q83

Rubber-Neither vul.

Answers on Column 5

DUMB-BELLS

REGISTERED

Heath 14 14

West North

Pass 24

Pass

East Pass Pass Pass

FARE!

Opening- Q.

17

WHEN I

way

Clevelander,

Henry P. Jaeger and his crowd

at the Athletic Club certainly be- lieved in bidding. And the

group

in Indianapolis always maintained that the more you bid, the better you have to play.

At my own club, the New York A. C., the same spirit prevails. Walter Caswell lost no time in get- ting into a four-spade contract on. today's hand, but he made the con- tract and that is what counts.

"Maybe I did bid too moch he remarked. "but the boys paid off."

The opening lead was won by Caswell (South) with the acc of hearts. A small spade was led, West played the ten and dummy's lding won. A small spade was re- turned, and Caswell decided against taking the finesse. He went up with. the ace, dropping the queen, then cashed the jack of trumps.

·

As there was nothing to be gain- ed by the diamond friesse, Caswell played the ace of diamonds, then led the nine. West's king WOIL, establishing the queen in dummy. A heart was played and won In dummy with the king, and Caswell'o small heart was discarded on Mic queen of diamonds.

bea

West had already shown or marked with the queen-ten of spados, queen-jack-ten of hearts and the king of diamonds. With either the ace or king of clubs in his hand,

non-vulnerable

overcall might

have been justifled.

Therefore Caswell decided that Enst must hold the neo and king of clubs, so he played a small club from dummy. East made it as tough as possible by playing low, but Caswell went in with the queen and simply conceded two club tricks.

4790

i

PATENT OFFICE

YES, AND WARMER

CHESS PROBLEM

By A. KARLSTROM (BCF Tourney 54) Black, 7 pieces.

R

2

White, 10 pieces.

White to play and mate in two.

Solution problem:

1. Q-K7 Q-K3; 1.. (ch) 1

(ch).

to Saturday's

P-B6:12, KQ7; 2, Q-Kti K-D7; 2, Q-R4

CROSSWORD PUZZLE

Across

1. Bbun resat icos hore, (U)

Aamall row boat. (7)

13. Make certain. 18)

15. Pied mice might cause this. 18);

1. A hard-hearted female. 15)

19. Nothing to this would be rai

Ahip 30

20. Material, (5)

21. One of thą 0.8.A. (4)

23. Far from even-tempered. (5)

24. Magnitude. (4)

23. Nosegay. (4)

20. Chango feet. (4)

Down

1. Shall we say

sheet 7 (0) An acid

But I fare (8)

eighth Of

that within' which passeth show;

Fo but,

(the ..... nad the suits of woo" (Bhakespearei (9)

4. speed competition. (4)

no card. 10)

1. End. (8)

7. You need litre size to get purity.

1). Slip up. (3)

pre-revelatten Partia-

5.

tu

12. Russia'

14. Repetitions. (0)

20. Card gau, (9)

Dent. (4)

This altera the shape of crate, 18). 17, ize24280, (4)

Batman river.. (4)

10. Tuak. (8)

10. Attitude, (4)

22. Bite. (5)

AROUND THE WORLD

AQUARIUS (Jan. 21-Feb. Even though it's a romantic day, try and be practical when it comes to extravagant and expensive ideas,

PISCES (Feb, 20-Mar. 21)-Keep careful eye on the budget. Prac tical thrift now may help to avoid a crisis later on. Socially, a pleasant day.

Grenada: Island of Charm

By TEMPLE MANNING Now that cruise ships are

really getting down to busi- ness, tourists are once more discovering ideal spots, places that they hope to really visit after a cruise-port-of-call intro- duction. We are glad of that for that is the way so many places develop into real resorts.

One spot that has brought praise from cruise visitors is charming Grenada, one of the islands of the Lesser Antilles.. between Martinique and good oldi Trinidad.

Main Barrier

A scene in picturesque Grenada.

Conversation in the air

03

Passenger (to Gir-hostess, mule starts): Will you dance, this with me?

Ale-hostess: I'm sorry, sir, we're not allowed to dance with the pas- sengers during fights.

Passenger: What nonsense? Send me the Social Secretary.

Air-hostess: She's being manicur-

at the moment, sir. Passenger (disgruntled): What continent are we over?

ed at

Air-hostess: That's not linent, sir. It's the Pacific.

ກ Coll-

HE 500 $44

52 100 00

2014 2714

100 kr 20.00

57.

10

1000+ 19

Over 4 Million Profit For

Land Company

and

Apparently, Investora

time

was

aro taking

to think things out. The movement in foreign bonds not particularly significant. There was a big demand for Manila rallway issues on a report that the railroad will be nationalised-

United Press,

New York Stock

Market

New York, April 10-Week-end profit-taking brought an irregularly lower and quieter stock market to- tay. It was the fourth decline in 12 trading days, sinco

the Stock Ex- change employees' strike,

Experts said the market is in a consolidating position for another attempt

to pierce the 1948 highs in the Industrial average, which on Friday reached the best level since January 10, while the rail average was the best since August 30, 1046,

Steel, motor and rail Issues eased slightly, but somo utility shares Armed up.

Transfers totalled 520,000 shares.

The 55th annual report of the Hongkong Land Investment Agency, Co., Ltd. discloses that the net proat for 1947, after providing for amortisation of Crown

Leases and replacement of buildings by DOW JONES AVERAGES writing off, was $4,121,610.09.

Dow Jones averages at the closa With $78.597.54 brought forward of the session stood as follow from

1940 account, the tatal 30 Industriale

$170.40 available for appropriation Is 20 Ralls

Passenger: Oh. Thanks. Do you $4,200,113.03, which the Directors 15 Utilities

play, draughts? Air-hoatcas:

I'm afraid not, sir,

Holma, perhaps?......

Passenger: Oh,-very-well.

Kitchen chatter

STUR

old Mrs

propose to allocate as follows:

To pay a Dividend of $3.00 per

aliare. Less Tax 6. 10% $924.143.85 To transfer to Building De-

velopment Fund Account 2,000,000.00 To transfer to Contingencies

Reserve Account ......

250,000.00

120,000.00

10,000.00

unappro-

02.066.70

To provislan for Taxation.. To pay a 'Bonus to Sta TURDY

Whelkstuffer.To carry forward author of "Thirty-Two Ways

printed With Cold Hash," has invented an- other tasty dish. I extract it from her "Meals Without Knowing It"

04).

$ 4,700,213.63

The annual meeting of share- holders will take place in the offices ake a piece of shredded hake. of Jardine Matheson and Co., Ltd. Stew it, adding stale bread, mustard au Wednesday, April 21, at noon. and egg-powder. Stir it reeks. Shake out over.

a slice of stale bread. Season with salt and pepper to taste.--Hold the nose and throw

1 to the winds.

Strabismus prepares again

Parva.

PRINT CLOTH

DEMAND

40 Bonds

$55.27

$33.71

$90.50

-United Press.

Improvement

In Cotton

New York, Apr. 10.-Cotton futures, moving ahead for the third week in a row, reached the highest level on the board since July 1947 in

nearby, May delivery, - which neared the 37-cent level.

Over the

months, nearby Positions showed a cumulative riso of US$20.35 el

bale.

The

Trade interests estimated that raw cotton exports, with the aid of the next season might

sustained improvement in prices reflected growing optimisin THE third Strabismus expedition

aver probable foreign demand for Limited accommodations has been lake, which has beautiful beaches. soon, from Waggling

to the moon will probably start advance in raw cotton prices to the backwardness of new erop develop New York. Apr. 10.-The rapid cotton plus a sharp pick-up in buying interest for fcxtiles and fine beaches, too, near time the Doctor will take with him silitles of heavy government buy-n the main barrier to the popularity There are

This highest level since July, plus pos- of this cocon and spice growing smaller islands of the cluster, which logist, Professor Teceady, the pseu-

St. George and on some of the Professor Rodulogs, the graphimino-ing for milltary use, along with island, but now plans are afoot for are really erests of mountains that docologist, and something particularly classy in the have acons ago yielded to the rising experts. The Doctor is confident of and converters, brought a sustained ruri between four and five million

Investors' buying among mall and Marshall plan, one or two chosen way of rasort hotels, We wish them seas and so have been almost com- success, and still attributes his two dord for print-clots fabrics this bales or about luck, and we hope that when the pietely engulfed..

former fallures to slight defects in hole docs materialise that Grenada won't put on airs, For part of the charm of the place, aside from its scenic delights and serene case, Its simplicity,

Easy Life

chain

ננה

stores, garment manufacturers

of

double the amount

the construction of the rocket. He week in the Worth Street coltton Expected to be shipped this season. maintains that it was the boomerang goods trade.

The export picture was brigh'ened design of the nozzle which brought

by Lite. Is cusy and

reports that the long-pending Satisfied pleasing in

with the volume the rocket back to Waggling Parva business booked in the forepart of 800 might finly be concluded next Grenada, with plenty of good riding some months

Japanese cotton credit for $60,000.- trails, tennis, golf and club life. Basco he attributes to deviation and sales, leading print-cloth

ago. The

Worthing the week, on top of the recent heavy week. St. George, the harbour enpital, Is. For anglers and those addicted to the pull of the earth's surface,

Fellers spread over the two sides of the folk of the type that can't see a sailing, it is paradise. Energetic

efther boosted prices or decided to

English Inquiries high-ridged peninsula

England is reported inquiring for that almost mountain without making plans to

withdraw from the market pending American cotton, while France is hedges in the harbour.

further developments,

This attitude climb it, will want to scale Mount The majority of mercantile estab- St. Catherine, tidy 2,749

foot Ishments are on the harbour side of climb, with plenty of rugged going.

Ensler the red-rooled city, The other side, Elang to Mount Qua Qua with its is the climb from Grand Bay Town, which faces the water, is the business and residential sections. Connections are by steep roads over the ridge and a tunnel under the ridge.

Filled With Beauty Grenada is smull, only ten by twenty miles, but it is just Alled with beauty. la terrain is moun talocus, ils shore line is very in- denied, and it is, crossed and re- crossed by many streams. Magnifl- cant tropical vegetation covers that land, which is not under intense cultivation. Floral signature Grenada is the Madre de Cacao, with its orange and red flowers, grown to shelter the young cocoa plants from the rays of the sun, a real protecting mother, and aptly named.

of

Above St. George over 2,000 feet above, is Grand Etang, a volcanic

ZBW RADIO

1.K.T.

6. Programme Summary: 621, Horpiini Request Halt Hour presented by Ethel Halmes Brown (Studio); 0.30, PortuguEBO Half-hour (Studio): 7, World and, Home News London Relay): 7.15. Recording of His Majesty the King's Speech at the Unvelling of the Roosevelt Memorial; 7.30. "I Like wint I like 2 Presented by Binkis Mackle (Studio); B, Fred Hartley and His Music (DBCTS); 0.10. Violin Solos by eludi. Menuhin and Jaschn Heifetz: 8.38. Music of Weinberger; 9, World and Home News (London Relay); 0.15. Weather Report: D.10, Charles Kulman (Tenort 930, "A Pilo Songs by of Wood" A Mystery Play by Evelyn Ituksell (BNCT); 10, Radio Nawarcel (London Relay); 10.18, "Something Everybody"; 11, Close down,

CHECK YOUR KNOWLEDGE

Answers

Д

пеш

slowed down the trading pace in expected to enter the market shortly the latter part of the week, although for around 185,000 bafes in anti- buyers continued

the European

recovery busy checking cipation of prices and delivery positions.

programme funds, 1. "The Mayflower". 2 The boa

The list opened four to 18 points beautiful

Some shirt manufacturers and bag scenery.

constrictor and the regal 3.

on buying mill consistently higher terminals

Plone connections between main

In Germany

in 1780 Whython. 3; cautious buying polley but, in other accounts, forcing the informa of the airways are fre-Rumford started, municipal kitchen direct

directions. buyers seemed imbued and July deliveries into a

seasonal high ground. quent, and the ships of two lines in Munich. 4. Frederic

inflationary psy- Dn

Trading was moderate. make it a regular slop, as well as 5, No. They have small, but very

Chopin, chology and showed

Dealers Inclination to its selection as a cruise ship call. keen eyes. 0.

as the week painted out that further higher A glutton,

meet higher prices

prices were restricted because the ended.

Thled

and fourth quarter de-current rise in levels brought more liveries were in greatest demand in cotton out of the government loan, the print-cloth department. Spot which discouraged higher buying,

Prices closed as follow:-- May in cents per 1.)

TRIEDNY PASSE SEATICK,

10

more with

and nearby deliveries active-United Press.

were

Ясвя

July

October

December

March (1049)

May

Spat

30.83/84

30.10/20.

31.05

CHICAGO GRAIN

PRICES

Chicago. Apr. 10 Chicago Board of Rado closing prices today wero: WHEAT (prices per bushel)

The New Orleans Market closed follows

May in cents per lb.)

May

July

CORN

May

July

May

OATS

July

October

December

2.50-12-1

March (1010)

May

July

.2.20-228-32 .12.15-15-16

+1.20-34-16

Spot

May

31.75-nominal Siz nomine! 37.03 nominal

36.70 30.20/21

3,70

77/32

31.37

30.45 bld

30,00

July

-...-05-2

United Press,

OUTWARD MAILS

MONDAY, APRIL 12

Closing Times By Air

1230 am, 1 p.m.; (GPO) 7 n.mi., 8.30 '.m., Noon, 2.30 p.m.

Shanghal, 0 m. trex): 930 nm. (ord). Manila, P... 21.30 am.

Amoy Shanghai,

Taingian, Felping, Luchow, Kunming. Tainan and Swatow, 330 p.m.

Closing Times By Béa & Train Shanghal (Ben) 3p..

-United Press.

BOMBAY COTTON nombay, Apr. 10-Closing

rolion Wero: JANILLA

July

Oclober

prices in

0.73 rupess 4.42 rupees

0.05% rupeer United Press.

Exchange, Rates

Business was done in the local unofciat

exchange markot

this morning at the following prices: Chinese dollars Sterling pound notes

Macao, Tainahon and Shekki (Sea) 4 p.m. Gold 'barn USA, Canada, Central and

Bouth US dollars America via San Francisco (No Parcels NEI guliders

for Canada) (Bea) 3 p.m.

Canton (Parcels and 2nd class tál) (Sea) 8m tienis

Plastres

Manila (Bea) 3 p.m.

Stralia (Sea) 3 pm,

comerǝo 565

olant GERARD.

for

"What's the matter with cooking?

Why don't they

5 p.m.

Nankin

IIankow,

02,500 13.10

333,00

3.09

44.00

28.50

11.03