1948-04-13 — Page 7

THE HONGKONG TELEGRAPH, TUESDAY, APRIL 13, 1948.

FOR YOUR SPARE MOMENTS

SIDE GLANCES

iu {4}

By Galbraith

EXCLUSIVE TELEGRAPH' FEATURE"

POCKET CARTOON

YOUR BIRTHDAY.

By STELLA

by OSBERT LANCASTER

TUESDAY, APRIL 13

KOPR. 1948 BY SPA SERVICE, NE. T. ML BEL U, W. PÅT, OFF.

"May I remind you that this is the fourth girl you've had in two years that you would marry in a minute if you could find a place to livo?"

• MCKENNEY

ON BRIDGE

A Logical. Opening Proves Disastrous

By WILLIAM E. McKENNEY

AK32

100 3

•AKJ74

Check

Your

Knowledge

1. Nume the units of incar surveyors' measure,

2. Who elects the Pope?

3. How is tatooing done?

4. Give the names that arc variably linked with the Alpha following: Damon and.. and....

Samson and......

meaning of

Do dragon flies sting? (Ansoera on Column 5)

5. Whnt "Skon!"?

the s

AG

AAJD7

N

◆ None

ը.

752 83 QJIGO

w

Ε

$

VQJBO

Q1052 48753

Dealer

བ

Q108454

УЛКА

+96

14

Rubber-N-S vul.

South

Weal North

East

14

Posa 3.

Posa

34

Pass 40

Pass

Poss

Double Pans

Pass

| Redouble Pass Pasa

Puss

Opening C

10

RECENTLY

received I

an in- teresting letter from Robert H. Jamison of Miami, Fla.. offering congratulations on the fact that my column is now appearing in the Mini Daily News.

Mr Jamison sent along today's hand, commenting that South, his "partner, 'Is a citizen who takes tire

easily.

When Jamison bid four spades anl South went into a huddle, he fully expected him to bid six spades and possibly seven. But things had been breaking badly, so South de- elded to try to get a plus score for a change, and passed four

in

Spades,

When West doubled, the gleam South's

warned that the contract eye

would be redoubled-and it was.

West mode the natural opening of If he had open- the queen of clubs. ed a heart, the contract would have been defeated.

South won the opening tend with the king of clubs, and immediately decided that West had all of the missing trumps, to justify his double. Working on this Theory, South cashed dummy's ace and klik” of diamonds and ruffed

П small diamond in his hand with the four of spades.

West overruled with the seven- spot, then shifted to a heart-but

South It was too late now.

won with the king of hearts and led a low sonde. West went in with the ace and led another heart. South winning with the ace. A small spade was won in dummy with the king and the fourth diamond cuffed with the queen of spades. The club was led to dummy's ՈՐԸ,

and South's losing heart discarded dummy's good diamond.

on

All West could do was trump this trick with the jack of spades, but

East and West were able to

win

only the uce-jack-seven of trumps.

DUMB-BELLS

REGISTERED US!

PATENT OFFICE

GIVE ME A QUART

OF HUCKLES

I'M GOING TO

MAKE

HUCKLEBERRY,

PIE!

CHESS PROBLEM

By P. II. BARION

Black, 8 pieces.

目

White, 10 pieces.

White to play and mate in tico.

Solution to yesterday's problem:

1, QXP, any; 2, Q mates..

CROSSWORD

102

3

TH

F

122

Across

Cloudy. 10) Blare fuls Janaz.). (D)

31. "O ... where is now my youth, Who need to say that lo was

ten? Cifaruys (0)

23. They are manufactured only to

a po knocked down. (8)

24. Ho'olary min. 161

25. The Americans would call it pep.

#41

חקואו

A fuod nunt canku.j, 13, 2, 41

A famous Scottish Learum Glüb.

(0)

9. Buitenie for ploughing.. 15)

Unnecessary Advice to those who are fasting."(9)

8. This kind of instructor is uneteks.

(01.

7. A backward container. (3)

Openinst. (4) 10. Meanure, th Fastorn title. 14)

14. Inane. (5).

Women may call this intuition, but it's resily nothing to men,

21. Tour. ()

Bolution of yesterday'a maxsin --ÁRKOVNI „V. This walta for ng man. (4) 14. There's nothing to the girl. (5) Cele: U, Tracy

13. miurga, 34) Epidemic: D Ore 10, Tendency. (4)

Palo. Ninen: #1, Ohlo to. 2, Apary: 4 Gee: $5, 1017. 10, Frie (5)11. Octavo borrel. I

Act: Of Clang flieriile; a, tinia: 14, Eshoes: 110. IYOIP: 17. Deny: 10. Põse; 20. Rip:

14. A scrap the horse gets used

15. Adapt.

18. This age in essitiration, (4)

An outstanding mana, (4) Mustentatrumont, 181

BOR

rather

ORN today, you have more than You may appear to those who do

Average brilstic and literary not know you well as a talent but you are the typo to hide austere and retiring individual. But your light under a bushel and let those who get to know you better others, more aggressive, push, you will discover, that you are kind- aside. Learn to exert yourself and hearted, sympathetic and very un- let the world know how good you derstanding. You are a very de- are! You need this advise. By termined individual, too, and aim to nature you are a leader, but you got your own way no matter how don't like to push and shout. Once, long it takes. Avold legal entangle- however, you have learned to con- tents if you can. It would be wiser quer this natural timidity, you can for you to settle any difference have just about anything you de opinion out of court, since you have little patlence with prolonged itiga- mand.

con- can

of

You men are natural public.tlon. speakers and once you have quered "platform fright," you

You appear u bundle of contra- become outstanding. You are quite deltons to the outsider, but

what gully understood by those you love.

stute in being able to read

orc

the future holds by properly inter- Your marriage should be a happy preting current trends, molives and one.

actions. Hence, you might become

active and successful in politics. To And what the story have in You take personal setbacks 100 lore for tomorrow, select your seriously and must learn to laugh birthday atar and read the corres- them off as easily as you enn dismiss ponding paragraph. Let your birth- the troubles of others!

day star be your daily guide.

.

WEDNESDAY, APRIL 14

ARIES (Mar.

20) 22-Apr. Publicity and advertising, especial- ly to promote a new project, will pay excellent dividends. Push your newest idea!

21)

LIBRA (Sept. 23-Oct. 23)-Pro- mote a new idea but withhold actual production until later on. Be care- ful of business detalis.

SCORPIO (Oct 24-Nov. 22)-

Be conservative in your expendl- turen but be alert to new opportu

"Would learned counsel tell the court exactly what .he means by the expression

'the New Look'?”

BY THE

WAY

by Beachcomber

results. Benity and take full advantage of all THINK the phrase "Iceland,

I

got offers.

Pearl of the North" is, what SAGITTARIUS (Nov. 23-Dee the demiurges of the Food

Unexpected meeting with

221-An

TAURUS (Apr. 21-May Initiative brings good enterprising, Ask for what you want and you should get it now.

GEMINI

(May

22-June

22) The general business outlook is im- an old friend can develop new bust-Ministry would cail a bit of proving. especially In the home ness plans. Don't be extravagant Iceland cod. furnishings and clothing felds.

in expenditures. CANCER

(June 23-July 23)-/ CAPRICORN (Dec. 23-Jan. 20) Never believe these comparisons Make progress but be on your guard A good day for routine business but

that are made for publiefty pur against some minor business misre- postpone expansion plans unti presentation. Look at the facts, things become more settled.

"Stockholm, the Venice of poses. LEO (July 24-Aug. 23)-Be con- AQUARIUS (Jan, 21-Feb, 10) the North," What rubbish! I re- servative in your expenditures and Progress may seem too slow, you may unticipate

member, when i was in Bucharest good

results better that way than too fast with- from business projects.

out the necessary precautions,

years ago, seeing it described as VIRGO (Aug. 34-Sept. 22)—An PISCES (Feb. 20-Mar. 21)-Artis- the "Paris of Eastern Europe," Yo important diny in your business the fields, including that of photo- gads!

well call sphere. Make

You might as an important

de graphy, appear especially favoured, cision, which could bring increased but still keep a firm grip on the bud-Swindon the Vienna of, England

income.

AROUND THE WORLD:

Rei.

Historical City of Newport

By TEMPLE MANNING

NEWPORT, that carling of

the

rich, plans a new and perhaps brighter feather for its costly cap. It aspires to be America's first"bis- torical elty.

Yes, there's plenty doing in New- port and it isn't all concerned with Bellevue Avenue or Bailey's Beach. Newport wants to become Great

and important tourist objective. It wants visitors to flock to the resort ng they do to Williamsburg, und for the same reason, And New- port considers that It has much more to offer than the historic shrine in Virginia, and plans afoot to tell the world all about it, and elleit aid. In the important cam- Dalgn.

been

Old Buildings

are

.

An Old New England Landmark.

but

FOR THE BUSINESSMANG.

Bullish

Sentiment In

U.S. Cotton Market

New York, Apr. 12. The cotton market rused ...... sharply higher today, although the trading volume was somewhat smaller because of recurring scarcity of contracts.

Strength in old crops con- foreshadowed a resultant cut- tinued to reflect optimism on down in mill use of raw cotton." export prospects, along with the settlement of the soft coal strike which recently posed as a threat to textile mill operations and

H.K. STOCK

+

MARKET

A total of $330,000 worth of shares changed hands during this morning's session of the Hongkong Stock Exchange. This morning's transactions and noon prices are listed below:

SHARES

BANKS

Bullish sentiment on coal adjust- ment was tempered, however, by fears that unless the court dismisses contempt charges against labour leader John L. Lewis, miners may decide to walk out again.

of sellers Wartness on the part was inrecased by expectations that French buyera will be in the market this week for nearly 200,000 bales, along with German Inquiries for 40,000 bales turad undetermined amounts likely to be sought by other European and Oriental countries scheduled to share in the European Recovery Programme funds.

The New York Cotton Exchange pointed out that market prices now anywhere from seven and a half to nine cents a pound above

BUYERS SELLERS SALES range

East Asia. ..... 137

1K Bank

INSURANCES

Camion

Union Underwelters UK Fire SHIPPING

Waterbuat DOCKS, ETC.

K. Wharf (0),

Dock

Provideni,

Shot Dock LAND, ETC.

IK Hotel

UTILITIES

*ndo

5

#pecified

costs on certain which obviously attractive

bare MVA Government

makes

The

Egyptian

Tover

reported to have issued impostru: a tax of

pounds .on every

is

decree

two Egyption 100 kilos of

Egyptian cotton exported. Shippers

30 here estimated the increased tax at

23

SON

an equivalent to 4% cents a pound

in United States currency.

NEW ORLEANS FUTURES

New Orleans colton futures closed today at:

May in cents per b

July

5 2035 CO 140

420

33

700

ft

310

JJ

175

30 500 60

231,

100

240

185

1000

JK Land.

12

500

凹

400 0

S'hal Landl

3

Humphreys

25

Trans

500 +4 235

October

Yauniett Ferry,

50

December

C. Light (0)

21 24.20

200 24.20

700 24.55

May

C. Light (N) Miretrie

10 30

501

500 + 10% 150 + BOTS

Juriy

поку під

Telephone (0) 43%

15

INDUSTRIALS

Cement,

43

Hope

500 or 2014

STORES, ETC.

Dairy (0)

35

100 6 3404

Watson (X, Rie) 40%

Watson (Rights

30

FERE is good news at last.

official lendet before me says of the Pin.

An

Lane Crawford,

COTTONS

2200 of 193

MISCELLANEOUS

IK. Construc-

tion (0)

G

Nothing to do with me

HER

that the short title

Hook and Eye, and Snap Fastener Wages Council (Great Britain) Wages

Regulation (Holidays)

Ewo

والله

Order, 1940, is to be the Pin, Hook N.Y. Stock Prices

and Eye, and Snap Fastener Wages Council (Great Britain) Woges Regulation (Holidays) Order, 1040, and may be cited as such, I have great pleasure in citing it as such. I wonder which Committee painted out the advantages of the second

Ulle over the First.

Explanation and apology

I

Slightly Down

New York, Apr. 12.-Prices on the New York, Stock Exchange to- day were mostly fractionally lower, with a few pivotals down around a polni. Trading Was moderately active.

Market

newn

experts attributed the mild sell-off to proft-taking. AM sorry to say that, owing to

Just before the opening, in which the whole came that the soft conl dispute had the way thing has been mismanaged, partly been settled, and this was respon- through everything being too con- trend was not maintained as inves-

sible

for the firm opening, but the fused, and partly owing to the tors had already discounted the coal usuni difficulty of getting the others news.

Despite into the right order in time, it ik

the decline, specialties registered Impossible to arrange for the first

gains on favourable lot to be forwarded as they would news. Otherwise thera have been under different condi- little in the news 1p tions. This does not mean that it traders.

......

March 1940)

Spot

37.22/24

30.57/80

32.03

32.23

31.02 bid

3139

30.09 bid

37.10

United Press.

N.Y. FOREIGN

EXCHANGE

New York, Apr. 12.-Foreign Exchange closing rates today were:

Argentine Peso (amela!)

Argentine Peso unonicla)) Austraila

Brazil

Belgium Canada

Chile

England France

India

Mexico New Zealand

Peru

South Africa

Uruguay

Portugal

Sweden

Switzerland

Venezuela

Shanghai (CNC$1,000) Netherlands

Batavin Singapore

Hongkong

ounce,

US$0.2017

.2503

23

.0305

0303

United Press.

NEW YORK SILVER

,2434

$700

טלה.

.4755

2500

New York, Apr. 12. Last Price Today's Pries

Silver. per Bro DE quoted few by Me. Itandy

and Harmon substantial corporation

were

was very influence

weak,

Well, this traveller has long won- dered why the wonderful 18th Cen- tury houses--and other buildings

is all to be left as It is, but merely DOW JONES AVERAGES that set Newport apart, have not Greene, Jr.. explains that Newport that the various things will not be Chemical, issues

recognised and fussed. over was at one time the heart of Ameri- long before this. The ld buildings ca's commercial and social life. In found where they were put at the Nickel Plate led the decline in rails.

Transactions totalled as grand.

1,020,000 as fine as any of 1770 it was larger and richer than beginning, when it was still expect-shures. those constructed from oil and rail- New York.

ed to be possible. The other things, Dow Jones averages at the close way fortunes, and Newport, cer-

The fact that Newport's import-In general, will remain where they of the session stood as follow: tainly, is tremendously proud of ance as a commercial centre de-were before, unless changed.

clined after the Revolution, is one

nre

them.

This is the Arst Intimation that good reason why it is an ideal elty Tail-piece the city fathers and some of New for restoration. All the old buildings port's better-known residents are weren'! torn down to make way for HO soon to Inaugurate a campaign. Part new structures.

They were used, WH

safd,

But it was Talleyrand,

"Life would De Its tolerable, if it wasn't for of the tooling-up process has been regardless of their age, by new own-

Nine out of ten the making of a survey of the city's Century buildings standing than any you will at once cry "Oscar Wilde."

ers, Newport today has more 18th pleasures"? old buildings and. was discovered that there are some 200 eighteenth city in America. century structures, An authentic Newport has just about every- colonial landmark meets you at thing that a tourist could want, and almost every corner in the business making it a historic shrine alled district, and in many parts of the with beautiful old buildings, puts residential arcus."

We have always been

the final shine on it, so to speak. fascinated

an angel to do what John D.

CHECK YOUR KNOWLEDGE

Answors

30 Industrials

20 Rails 15 Utilities 40 Bonds

179.05

53.03

33.04 09.53

United Press.

Selling Spree

In London

74%

74 cents -United Press, LONDON SILVER

London. Apr. 12.

Last Today's

Price.... Silver, Spot, per ounce.... 434

454 Silver, Forward, per ounce. 434 450

United Press.

New York Sugar Futures

12.-Sugar

New York, Apr. future ruled reactionary today, re-, fleeting private estimates placing the probable Cuban crop this year ni 0,531,000 short tons, compared with the Just record of 6,440,000 tons.

Domestic sugar closed unchanged -at-ong-point lower on sales of 148 World sugar closed two London, Apr. 12.—Selling of gilt-contracts. edged securities

London to four points lower on sales of 57 in the Stockc Exchange,

contracts. especially two nationalisation stocks, reached the feller. a square in

1. Link, chain, furlong, mile. 2. traordinary dimensions

throughout lown's centre

dominated by the old and we hope too that tourists will The College of Cardinals. 3. With the

British Colony House, which is now

morning today, with the one day flock to it not because of a special needle, using indelible ink. Transport down the at 0433 country court house,

and social associations but because of its 4. Damon and Pythios, Alpha and British Electricity down at 07 The streets are lined with quaint far more important historical inte- Omega, Samson and Delilah. 5. Hail all reflecting a prevalling sence of old structures, some of them hous- rest and 18th Century charm.

(Scandinavian), 6. No.

obscurily following what has been nicknamed the "junior capital levy." Industrial issues slipped back ex- cept shipping shares, which wero stil wanted.

by the

to the "Parade" reets that lead We for one; hope that Newport gets

ins

all sorts of atores and shops. Others, like the weathered old structure at the corner of Duke Street, are used as single or multi- family residences.

tho

Commercial Centro

Scores of ante-bellum buildings, some dating back to the 1870's, line narrow alleys leading up the Hill from Thames Street. Many of these buildings are architectural

gems, and it is a great pity that nothing has been done to preserve their beauty and make the known to the world.

The erudite secretary of the New- port Historical Society, Charles H

ZBW RADIO

| I.K.T.

4. Programme Sunuwary: 0.01, Chil dren's Story "Peter Duck" by Arthur | Ransome, Episode 11: "They decide for "the Taland" Read by Captain Flint; 0.99, George Boulanger and lila Orchestra: 7. World and flame News (Landon Relay) 235, A Plano Rechtel by Vladimir Horn- witz: 735. Stage and Screen Faucurites presented by "Alleen Woods (Studio); 11.00, Charpentier: Impressionis -D'Italie... Orchestre Symphonique; 8.30, "Merry Go-Round" [D.H.CTS.); 9, World and Home News London Relay); D.15, Wea- ther Report: 910, Hongkang Stage Club Production: "The Nosq+1}@g" Produced by Grant Meintyres DAB, London Palla- dium Oreliestra:, 10. Radio Newsreel (London Relay); 10.19, Garenades; 10.30, Carroll, Gibbons and His Orchestra with Janet Lee (Vocal) (B.D.C.T.9.); 11, Clo15. Down.

Jr., did for WCR

487564371

KBITORS PREMA FERVICE.

"Did you use your influence to get a low number aguin?”

were

Despite the strike of refinery workers, dealers sald there only small delays in making de- liveries of refined sugar,

The New York Coffee and Sugar Exchange reported that

the spot.

price for world raw sugar was ve

F.O.B. Cuba. points higher at 4.50 cents a pound.

Prices closed as follow:- May (in cents per b.). July September

in-

March (3949)

May

Kaffes were idle and also clined to be easier, while several European bonds were off to -United Press.

4.50 bid

4.30 bid

4.49 bld

3.at nominal

3.91 nominal

United Press.

Pound Sterling $60 Million Cotton

Recovers

Credit For Japán

Washington. Apr. 12-OMetals sald today that the National Ad- Paris, Apr. 12. The pound of the Treasury John Snyder, has visory Council, headed by Secretary sterling recovered more than approved the plan granting a com- its official value on the Paris bined-privato and government cotton black market today, exceeding They said the agreement was now credit of US$00,000,000. to Japan. the exchange rate of 864 franc in the hands of the directora of the to the pound for the first time Export-Import Bank who must ap- since the opening of the free prove the participation of thint or- market in dollars and Portu- genisation in the credit-United guese escudos on February 5.

The black market price today was 805 franes to the pound, com- pared with the lowest quotation of

Press.

Exchange Rates

710 francs on February 12 and 810 Business was done in the local france only a week ago.

unofficini exchange market thir The pound has ben Improving morning at the following prices: steadily since the budget statement Chinese dollars

by Sir Stofford Cripps, the Chan-Sterling pound notes cellor of the Exchequer, on April 0, Gold bars

on the Paris U.S. dollara and the improvement market has been accompanied, by | NEI guilders similar movements in New York and Siam, ticals Switzerland-Reuter.

Plastres

100,000

13.05

327,50

6.59 63,00

20.50. .11.50