1948-04-14 — Page 7

FOR

YOUR

SIDE GLANCES

By Galbraith

2-16

"This is the first nice long letter from Bill since he wont back to collage--that was a good hunch you had, for- getting to send his allowancetí

COPA, CHA MY SEA BEANCE, INC. 7. M. NEO. 9, 8. PAT, OFF.

• MCKENNEY

ON BRIDGE

Expert Shows How To Play It Safe

BY WILLIAM E. McKENNEY

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Mr. Wagar

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South

West

North

East

I

1 A

Pass

ZA

3

Pass

Paes

Opening-A K

THERE

is no question that

Mrs

Helen Sobel of New York would top anyone's list as the outstanding

womon bridge player of the world.

to

atten-

However I would like call tion to the record

of Mrs Margaret Wagar of Allanta, Gu Although she rarely participates in the many tournaments held in and near New York, she has won every champion- ship of the American Contract Bridge League except the masters individual and musters pair events.

List"

and

December Mrs Wogar Mra Sobel won the national open

pair chaser the largest

feld ever

166 pairs. This trophy was put in play in 1928 and only twice before has it beer wan by a pair of women.

Today's hand will give you Idea ot

Mrs

Wagar's ability, please cover East and West.

an

but

When the king of spades held the first trick, West continued with the spade ace.

Now is the time to decide how you would play this hand, and tenu assure you that-many-exporta-would- BAY that South should discard diamond on the second spade, that another diamond should be dis- carded I West continued with a third spade.

Check Your Knowledge

1. What is the estimated age the earth?

2.

of

Name the body of water that penetrates into Holland from the North Sca.

THE HONGKONG TELEGRAPH, WEDNESDAY, APRIL 14, 1948..

SPARE MOMENTS

EXCLUSIVE 'Telegraph' FEATURE

YOUR BIRTHDAY

BORN

By STELLA

WEDNESDAY, APRIL 14

ORN today, you are a natural executive and, seem, almost without your own volition, to gravitate toward such a position no matter where

ere you start in an or- ganization. Your progress is apt to be slow, stendy and rather unspeeta cular. You're known an a "good worker and suddenly before any one realises it, you've become the boss!

You women are very shy and julet, appealing to the opposite sex' beenuse of your charm and womanly tra traits. You will have a talent for knowing how to please those you love and have a sixth sense about handling family affairs and home crisis. Although you may appear to be doing very little, your family would find things falling apart were you to leave home for a while! Within the home circle, you are gay, charming and quito demonstrative in showing your affections.

You men probably would enjoy doing research work in the setonces, provided you were allowed to go your own way in your laboratories. You would not tolerate direction by others, however wrong your original premises might turn out to be. You would want to work things out by yourself.

This is a rare talent, indeed, and one which enn be used for con- siderable good if your ideale are held high. You are an individualist. You dislike seeing injustice of any kind. Once you have made up your mind about a thing, you stick to it with determination.

In fact, you are likely to become Immovable. In a very quiet way and your enemies will call your persistance "plain pig-headedness," Just be sure that the objective for which you are To find what the stars have in fighting is worth while-and let the store for tomorrow, select your birth- world call you any name it plenses. day star and read the corresponding Eventually, your attitude will be paragraph. Let your birthday star Justified,

be your daily guide.

THURSDAY, APRIL 15

ARIES (Mar. 22-Apr. 20)-Most LIBRA (Sept. 23-Oct. 23)--Some thinsta are leaning in your favour neglected or forgotten asset may but be inctful and diplomatic wittr turn up today to give you a pleasant those you love. Keep emotions surprize. Cash in on it! under control.

TAURUS (Apr. 21-May 21) Early bird gets the prize this mor- ning so arrive in good me at the office. Morning efforts count the

nost,

GEMINI (May 22-June 22)-A progressive morning indicates you getting somewhere now, but postpone signing importnut papers,

arc

POCKET CARTOON....

by OSBERT LANCASTER)

WHITEHALL

"We must look on the bright side, Nightshade: Mare austerity equals regulations equals more civil servants) Right?**

.

more

BY THE

WAY

SCORPIO (Oel. 24-Nov. 22-Mar- by Beachcomber

riage problems can be easily solved. Also, if your work warrants it, you may be in line for a promotion.

SAGITTARIUS (Nov. 23-Dec. 23) -Those in advertising, promotion and distribution will find this a food day for their projects.

CAPRICORN (Dec. 23-Jan, 20)--- Best for you to curb Impulses to CANCER June 23-July 23) spend money for promotional idens. Protect your job and your health Take a "wait and see" attitude. carefully. Keep ns. close to routine as possible for the best results.

LEO (July 24-Aug. 23)-A fairly Rood working day for most in

travel, a business trip is likely.

3. Name an Italian who composed dustries. For those of you who twenty-seven operas.

4. Who divided the ages of man juta seyen?

5. How many times was Jerusa- lem, Palestine captured and how many times was it destroyed?

+

AQUARIUS (Jan. 21-Feb, 19) Romance may try to interfere with business but don't permit it. Keep social and business matters separate.

VIRGO (Aug. 24-Sept. 22)-Con- PISCES (Feb. 20-Mar. 21)-A day ditions continue to improve, so put calling for quick decisiony and on your fighting gloves and get plenty of energy. Keep on your toes ready to punch when the bell rings. and be ready to act constructively.

6. Does tightening a violin string AROUND THE WORLD:

raise or lower the music?

pitch of

(Answers on Column 5).

DUMB-BELLS

REGISTERED US.L

MY DAUGHTER IS PLAYING

BEETHOVEN

TONIGHT!

I PATENT OFFICE

REALLY WELL

the

I HOPE SHE WINS!

CHESS PROBLEM

ກ

and

มิ

But Mrs Wagar said "That won't do. Just enunt 10 tricks and enth them-make sure that you cash Ree of

Беев heart tricks, the

diamonds and two club tricks.

Mrs Wagar ruffed the second spade trick, cashed the ace and king of clubs, ruffed a small club in dummy with the ten of hearts, came back to her hand with the nee of diamonds and ruffed another club with the jock of hearts.

Next she ruffed the Jack of spades with the nine of hearts and ruffed another club in dummy with the king of hearts. And of course slie made the ace and queen of hearts.

As she said, her contract was for 10 tricks, so she just counted, up to 10 and cashed them.

By A. PIATESI {{BCF_Tourney.53)– Black, 11 pieces.

1

White, 11 plece.

White to play and male in three,

Solution to yesterday's problem:

-1, Kt (Kt B)-K7; any; Z, Q, or Kt (ch or dbl ch) mates.

A Visit to Puerto Rico

By TEMPLE MANNING THERE is plenty of talk

THE

these

days about Puerto Rico and Its people. Some of the talk is contro versial, and we agree there is much that is debatable, But there is one point on which all must agree, and thal concerns itself with the beauty and charm of the place.

sce

Frankly, we would like to this outpost of Unclo Sam's balli- wiek become even more of a ton- rist attraction than It is. Just when the war started, Puerto Rico was really coming into its own as a ulec -pince"lo visit, a land where overv......... thing was different and was colour- ful,

Bolo Bass. Hail! Mrs Bagshaw! Solo Alto: Hail: Mrs Bagshawi Tenors: Mrs. Dopshaw, hall, Mrs. Bagshaw, hall!

Trebles (Staccato): Mrs Bagshaw! Basses (Con bria): Mrs Bagshaw Trebles: We do but come. Tenors: We do but come. Altos: Hol! Mrs. Dagshaw! Basses: Do but come, we do but come.

FOR THE BUSINESSMAN

Japan To Be Allowed 32 Million Spindles

London, Apr. 13.—The 10-day Anglo-American colton textiles conference which ended today proposed that Japan be allowed an ultimate capacity of 3,500,000 spindles when her industry regains its feet.

H.K. STOCK

MARKET

About $120,000 worth of shares changed hands during this morning's session of the Hongkong Stock Ex- change. The following list shows tho morning's transactions and noon closing prices.

SITARES DANKA

IIK Bank East Asia INSURANCES

Canton Union MK Fire DOCKS, ETC.

Dock Provident MINING Haub LAND, ETC.

HK Hotel S'hai Land Humphreya UTILITIES

Tram

BUYERS SELLERS SALES

2034 157

300 410 703

000 200 310

30 2244

10 cr 700

6.63 7.10 10000

10. 1854

Youmalt Ferry 01

012

# 1000 B14 23

22 22 1709 1

509315

E. Light (0). 23 24.15 1858 24 C. Light (N) 18.10 20 250 19 Electric

3015

Telephone (0)

INDUSTRIALS

C'ement

Respo

STORES, ETE.

Dalry (0)... Watson IX.

2)

Watson COTTONS

(Right)

Ewo

MISCELLANEOUS

II Construc-

tlan (0)

44

41 4215

40

5

20 2034

20

6.10

100 6 TO

A 3,000 word statement dis- closed firstly. that Britain agreed to facilitate the entry of Japanese textiles into the sterling aren on A sterling basis, Indirectly involving dollars and, secondly, the British delegation will recommend to tho Government that it "con- tinue to adopt the most liberal polley possible" with regard to dollar exchange for United States textiles.

Regarding the Japanese situation, the statement pointed out that the main problem facing the Americans was to sell Japanese textiles

In where the markets

sales would asslat world recovery and provide SCAP with dollars to contribute to the costs of occupation. It cald United States must also

That the protect herself from the danger of becoming the only dollar market.

The statement said that a long- term Anglo-Amerlenn problem was That, after withdrawal by the Allies, Japan might turn all efforts to buildin

faced with -un textiles the strugle for economic survival and because lower costs depress world prices.

It said the British were prepared to allow Japanese textiles into the sterling area and would get around a further dollar drain. She would do this by per- mitting sale for sterling of texillea 500 20.33 produced in Japan to be balanced

600 20

Tenor solo: To greet you. Itait LONDON STOCKS: Mrs. Banshaw!

Allos (Macntoan): And your niece. Basses; And your niece, we do but come.

Trebles; We do but come fo, and your niece.

Heavy Buying

Of Gilt-edged

by, purchases in sterling or by bar- ler of various commodities to bo consumed on for us practicable in Japan, but otherwise in the United States.-United Press.

N.Y. FOREIGN

EXCHANGE

New York. Apr. 13.-Foreign ex- London.

change closing rates today were: Apr. 13-Heavy - Argentine Peso (official), stitutionni buying checked a big

US$020 slump in all-edged security values Australia

Argentine Peso (unametal) on the London Stock Exchange to-Belghin

Brazl day nud brought some issues back Canada to almost last night's close.

Chile England France Indin

Alto nolo: Your niece. Gertie Spuddock.

Tenors: Gertie Spuddock! Gertie Spuddock! Gertie Spuddock!

All together grand chorus: We do but, hall, we do but hall, to and, hell Mrs. Bagshaw, freet

You but come to hall, Mr. Bagshaw, and your niece, and your niece, and your niece, Gertie Spuddock, Gertie British Transport Spuddock hall, hail, hall, hall, HAIL!

3% Issuca showed most violent Buctuations, Mexico Tenor salo

(Very slow and falling solemn): To Mrs Bagshaw and her 93-7%, recovering

1/2 point to u new tow at New Zealand niece, the lovely Gerlie Spuddock, closing

to 94-2 and Peru al we send our greelings our greece- market

Portugal 01-1/4. In normal South Africa fings,

any one

of these three Sweden Basses (in fine, broad, swinging cient for the entire day's trading or Venezuela

movements would have been.euf-Switzerland rhythm): To Mrs. Bagshaw and her even two days,

Uruguay lece, the lovely Spud, the lovely

Shanghai (CNC$1,600) Netherlands On the other hand, Allos: The lovely

industrial Batavia Gerile Spud-issues dock.

were idle and drifted lower Singapore

Hongkong as much as is. whlle oils were again Trebles: To Mrs Bagshaw and her pressed for sale though losing

above the worst.-United Press.

Soud,

dock.

niece.

Tenors:

Trebles: The lovely Spud, the lovely Spud.

The lovely Gertie Spud-

All together: The-love-ly-Ger-tie Firmer Tone On

Spuddock! Hail, Mrs.

Bagshaw!

Wall Street

New York, Apr. 13-United States

(And so of again over the whole tangled business, louder and louder) And I hope we may avold the accident which happened at Salz- burg in 1037.A

careless aborist had left his hat in one of the trom-further fecession in early trading. ist stocks hurned firmer today after a bones. When the player blew into the instrument while tuning up, the breath couldn't get out, so back it came and blasted him off his chair. Imagine the surprise of the audience when, later on, a bowler came dam sailing

over the stalls during San frenzled passage for the brasses. Then the

Driving through the mountainous terrain of Puerto Rico,

There is plenty to see and do in San Juan, and, then there are other delightful spots, and the charming

trin. the beautiful falls and great and always Interesting loop

at Comerlo, the source of This is one of the nicest drives pp Juan's water supply. sible, five or six-hour trip that road winds pant orange groves and passes through some of the most pineapple plantations. The inst

01

Recovery came without benefit on an increased volume, reflecting cautious nttitude on the part traders at this time.

ہیں

General expectation has been for a tcehnical correction before a broad resumption of the rise and many traders, as a result, remained out, of the market. Others bought special stocks which they believed to be behind the market. Some of

If there is any beautiful parts of the Island. Much elty before returning to San Juan sentence will get in. If there Isn't, these rose a point or more.

more space this of it is over the old Spanish mi- 13 Bayamon, from which

a brond it won't. If it doesn't get in you boulevard leads to the capital. tary road built by the Spanish go-

will never knew. It tried to. It t The mild pressure was lifted from cloes you will be inclined to think easily from the early lows.

the main fist and prices came back -Friends-tell-us-that all-ports-ut that vernment.

might as well have been experiments and improved Indus-ommitted, unless you are the kind of section, and at its high showed a rise

United States Steel led the steel) trini and agricultural methods are people who read merely for the sale of nearly a point. Rall equipments under way, and that San Juan of reading. offers even

strengthened. more attractions for

Jersey the tourist than before the war.

Flaming Beauty

a

Answers

We are glad of this and we hope CHECK YOUR KNOWLEDGE that if a trip in search of foreign KFC atmosphere and colourful charm is under consideration, Puerto Rico will be the choice. It is different, it has plenty of atmosphere.

rich heritage of colonial Spanish architecture and culture, plus amenities that one is used to.

The road starts in San Juan, winds past the walls of San Cristo- bal and then on to Rlo Piedras,

Here rarely lovely spel. straight, symmetrical royal palms, together with coconut trees, Fur ther on are eltrus groves, and ple- turesque thatch-covered homes dot countryskie. It is a steadily ns- canding road that winds past frült-- laden bread-fruit trees. Caguas. set in the midst of an upland to- bacco plantation district, comes next.

Through mountains of flaming beauty, rich in wild vegetation, the road winds to les Cruces, where 11 turn is made for Ckra. The "route then lles along the crest of the mountain through banana and cof- fee plantations. Then the road com- mences to dip as the car rolls by

and

1. 3,000,000,000 years, 2, The Zut- der Zee. 3. Guiseppe Verdi. 4. Hippocrates. 6. It has been captured theve times and destroyed twice.

Il raises it.

KDITORS PREDE SERVIČKI

'fauc Marticem

Standard

equalled its high in oils which deve-

3.23

0503

.0220.26

.000000-

3783

3703

2300

United Preas.

NEW YORK SILVER

New York. April 13.

ጎዛ Silver, per fine otince,

quoted by Mesyrs. Handy and Harmon

14-6 centa, -United Press. LONDON SILVER

London. April 13. Slver, Spot, per ounce

45:J. 404. Slver, Forward, per ounce

-United Press.

Sugar Prices Marked, Down

New York,

Apr, 13-Both domestic and world sugar futures today filled

етные, previous Ander the

sesteolinst edness in Faw sugar supplies, cost demand for refined sugar and reporin of a higher Cuban crop estimate for the current seasurt.

Domestic #utures closed two to three mints lower on sales of 163 contracts.

while world sugar closed Innetive but prices were marked down one to Rix

inte.

Priers closed as follow

CONTRACT NO. ←

Moy in cents per b. 4.41 nominal, July 444.

September 4.44 nominal. March (1049) 3.90 nominal. May 3.00 nominal,

-United Press.

loped a firmer tone. Utilities were POUND SOARS ON

held about stendy.

1

Transfers totalled 1,020,000 shares,

DOW JONES AVERAGES

Dow Jones averiges at the close of the session sbad as follow:

30 Industrials

20 Rails

0.

15 Utilitles

40 Bonds

CHINA

179.45 54.08

33.54 00.62

-United Press.

PRODUCE QUOTATIONS

New York, Apr. 13.-Closing prices for China predtice today were:

Aniseed all per 1. F.0.1.

New York .....

Casala oll

**

Tung oll, in a York per

3. F.O.. New

Sandalwood, In

drums, do

pending on seliers quanti-

yality

PARIS MARKET

ling on the black market here, which Paris, Apr. 13.-The Pound Ster-

yesterday passed the legal rate of 864 francs for the first time since the franc devaluation in January, centred 15 franes today to 880 francs. The United States dollar WHE quoted at 307 francs.

In the free market. the US$20 gold picco. was quoted at 21.100

frunes and the paper dollar at 905

franes. United Press.

CHICAGO GRAIN

PRICES

Chilcago, Apr. 13,--Chiengo Board of Trade closing prices today were: WHEAT (prices per bushel).

May 2.60-1/4,

July 23-24-2.30.

0.60/00

2.10/3.09

0.24

COUN

13.75 nominal

May 2.28-3-220.

A

3.30/4.00

16.00/10.00

Jily 234-1/4-3/4.

Molybdenum

190 percent)

per 1.

0,43

United Press.

Agar agar, per iu. F. O, D.

New York Beryllium (10 to 12 percent)

per ton

OATS

May 1.15-1.17-7/8.

July 16-1/4-1/-Untied Press.

RUBBER FUTURES

New York. Apr la-Closing' rates today for rubber tulures were: April teenta per lb.)

22.03 nominal

$2.15 tended

CROSSWORD

Greedy. (9)

Acrosa

, downfall of mow, (9) Hearts p-thirds of old d Pranco, 13) Proslalini, (4) 2ppy would be.

17. The stool is upset. (5)

10. Duitons round this could lead

to plunder. (9)

Garden pest, (dy

Pur on tea (anag.). (0)

13. Que of a pais, (4)

Ferropa papa

Fochcally oven. (3)

Down

For tapporary upd. 191

A disardered "vail, (#}"

•Was it here that soy. Bold, (or

Josh Mon düi og. (8) Neptile's Frandson, (0)

now beaten in Piccadilly. (4) Been in the road to Wandaver, {4} Vaporous aubalance. (3)

Permit (6)

Dolution of yesterday's purais -Aerong Lamor 13, Brok T: 17. Hero: 50. ES. NGU

Memory

Down Arab143 rigt if disturbed. Nib Vesti 10. xistros fa, UMY: 16, 16. Landed. (Diklet 10. Ulien; 22,"

ZBW RADIO

ILK,T.

G. Programme Summary: 0.01, Chil dren's Half Hour: "Beau Geste" by P. C Wren (Studio) Episode 3: "The Law of the Legion": 4.30, Bob Walker Intro: duces Joan Grinis, Slevn Race, Vol Merral Jacques Valies and Anton and His Orchestra (ONBS); T. World and Home News (London fielny): 115, Vocal Recital by Oun D'Aquino, (Tenor) with Tinno accompaniment by E. ONell Shaw (Studio) 7.30, Bring You Music" Classical Request Hour Presented by Marion Glover; 8.30, George Afelnehrino and His Orchestra (BDCTS): 0, World Anu Home Newa ondare Inlay); D.10, "Di Ben" A Feature Programme writ ten by Patrick D Wallace London Re- |lay): 10, Radijo Newaresl, London Re- lay: 10.15, Weatlier Repari; 10.109, Belec tions from Opern: 10:35. Light Orchestral Concert: 10.30, EpiloguA (Studio); 11, Close Down.

THE SATURDAY

EYEMING POST 54*

Exchange Rates

Business was done in the local unofficial exchange market

Sterling pound notes

MAY

June

July

this August

morning at the following prices:-- Chinese dollars

September

103.000 October

November

23.10 rotinal 21.10 bid

20.75 noininal 20.65 blu

20.30 numinat 20.45 nominal

13.07

December

20.40 l

Gold bars

330.00

Jnavary (194))

20,40 nominal

5.045

March

21.40 nominal

51,50

London rubber futures were:

20.50

May per b. (in pennies) 120/183.

Juir 12.0/100.

11.45

September 12.8/168–United Press,

U.S. dollars NEI guilders Słam ticals Plastres