1948-05-19 — Page 7

THE 'HONGKONG TELEGRAPH, WEDNESDAY, MAY 19, 1948.

FOR YOUR SPARE MOMENTS

SIDE

GLANCES

Juthwith

By Galbraith.

EXCLUSIVE TELEGRAPH' PEATURE

YOUR BIRTHDAY....... By STELLA

COP, 1942 BY NTA SERVICE. VIC. E. MARC MN, PAT DAP.

3-15

"Meet my father, George? You and he have a lot in com- mon-he's always had wonderful ideas for making a lot

of money, "?"

• MCKENNEY

ON BRIDGE

Two 'Sure' Losers, But Slam Is Made

Check Your Knowledge

1. In what city is the salmon canned?

2. Locate the Bay of Whales,

most

or

3. Was it Andrew Jackson Thomas Jonathon Jackson who was

cknamed "Stonewall"?

4. Whom did itler succeed as head of the German government?

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A10003

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None ❤KJO

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5.

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32

Dealer

10703

07 4042

Dr. Ecker

AAK100821

197

• AQ 20

KQJ

Tournament-N»$ vul.

South

West North East

I

Pass

2❤

Pass

3

Pres

Pan

GA

Pors

Poss

Pass

Opening ❤ 2

3

By WILLIAM E. McKENNEY N 1938 Dr R. 11. Ecker Jr. ot New York won the masters' in- dividual championship. Then h dropped out but now is back again. A few hours after Dr Ecker won the masters individual he gave me this hand, on which he made six spades, with the player on the lell holding four trumps to the Jack.

queen

He won the opening lend of the deuce of hearts with dummy's ace and led the three of spades. It was disappointing to say the least when East discarded the deuce of dia-- monds, but Dr Ecker was playing for the world's championship he could not quit. with the ace of spades.

and

IIc went up

He knew West had four spades, and the opening lend of the heart deuce practically marked him with four hearts. Discard of the deuce of diamonds by East might indicate

a long diamond sult.

of

Doc's next play was the ten diamonds to dummy's Jack, then le trumped the three of hearis with the deuca ef spades. The inck of clubs was overtaken with dummy's nee and the six of hearts trumped with the five of spades.

was

Why is hydrogen peroxide usually sold in dark bottlest

1. What was the purpose of the philosopher's stone which the alchemists endeavoured to produce?

(Answers on Column 5)

DUMB-BELLS

REGISTERED USL

PATENT OFFICE

THEY TOLD ME HE WAS A CONFIDENCE MAN BUT GRACIOUS, ONE

BY IGA!

4149

CAN'T PUT ANY CONFIDENCE IN HIM AT

ALL!

CHESS PROBLEM

By F. J. KOVACS

BCF Tourney 54) Black. & pleçes.

21

of

a-

His next play

the queen diamonds. Dummy's king of monds won the trick and the eight of hearts was trumped with the ninc of spades. Declarer then

cashed the king and queen of clubs. and when West followed, Dr Ecker knew he new held only the queen- Jack-seven of trumps,

At trick eleven he led the ace of diamonds. Dummy had the eight- of spades and ten of hearts. If the seven of would overtrump

trumped with

spades, dummy with the cight. West trumped with the jack and declarer threw away the ten of hearts from dummy. Now Went was forced to lead from his queen-seven of spades Into Doc's king-len. Only one trump trick was lost,

22

White. 7 pieces. White to play and mate in tiro. Solution to yesterday's problem:

J, Q, R-~B8; Z, QXP. 1 RXBP: 2, QRI: 1... R-Q7; 2, Q-01; 1...RXKP; ?, Q—Q1,

CROSSWORD

13

73 174

#

Acroas

1. Semi-hardened, in the kitchen.,

(4-5)

6. This is what makes the seni pant.,

.10)

10. It is usually spoilt. (0)

17. In thyme she's

20. What a game it is with mint on.

(0)

22. Of course the bounds trail it. (4). 23. It means work, (1)"

24. The town you expect to asa Ren

top. (7)

Here I leave the alternative,, (B) de natural for 15 to 300. (8)

Down

Bhore hase (Bag.). (D)

Easily makes a ciip patit. (0). Broken feet. (

it makes the Boer tamar, (D)

Ite's on the other aide. (6)

7. Bky ilon. (9)

B. It only a taste. (3)

V. Severity. (0)

12. 11 1 trually sorved as x this.

10. Fiah. (4)

10. Unanding.

is. One plant that got up anyway.

21. low bitter it can be, (6)

Bolution of yesterday's puzzle-Across

Beamy alde; L, Egon

Literary_19. f 19

en 10, foured: 20.

93. Dujaplayas,

11. In the East it's a main pourst. (4) Down 1. (4)

13. You may losɑ thle berry. (4)

16. If it's inte it may copy. (3)

4. Most: 5, BOR

Franed

92. Dow;

WEDNESDAY, MAY 19

BORN today, you have a highly Direct the first two toward come emotional nature, which may be. important objective and get the expressed in one of two fashions. third under good controll

Your In- You may utilise your gifts in this tuliive and Occult senics Aro direction, combining them with exceptionally keen, and if you make your talent for drama and music, the proper use of these glits you to seek a career on the ntage. In can achieve some surprising results. this way can lle exceptional success. Although inclined to demand П Or, you can dramatise the small in- reason for everything, there are cidents of your own personal life times when acting on a "hunch," and and yourself in a morass even without an apparent reason, emotional upheaval most of

will resolve itself into the time. In the way, lies frustration thing to do-and the reason only right and unhappiness.

becomes apparent, later on.

or

of

the

go.

Learn to curb Your natural restlessness and put your love of travel the desire for seeing new people and places to some con- structive use. Select a · fo enreer that keeps you on the Elving you the amount of activity your nature requires. You men, stuck in a routine once job, might weary of it and go from one deak job to another without being satis- Bed. But If you took a travelling job, you could, perhaps become aut- standingly successful.

Be

very cautious In love and romance, for you are very suscep tible. Consider marrloge very care- fully and make sure that your partner is a true love rather than a temporary Infatuation. Only in this way, can you expect to find permanent happiness and content- ment in marriage.

To find what the stars have in sture for tomorrow, select your birthday slar and read the cor-

You have lots of energy, much responding paragraph. Let your enthusiasm ond A high temper. birthday stor be your dally guide.

THURSDAY, MAY 20

TAURUS (Apr. 21-May 21)- Matters having to do with chemicals OF mineral products of the land appear especially favoured right

now,

GEMINI

(May 22 June 22)- Now Plans, especially those in volving changes of residence Journey, are especially favoured to

day.

or a

CANCER (Jane 23-July 23)—A good day for business matters. Make sure that you get exactly what is coming to you on some contrnet.

LEO (July 23-Aug. 23)-Doll business and personal affairs

ore favoured. Fate Emiles on some partnership you are entering. Mar- riage?

VIRGO (Aug. 24-Sept. 32)-It legal matters have been perplexing of late, a good solution in your favour should be found today,

'SCORPIO (OL 24-Nov. 22). General results are better than average, so balance off minor Irrita- tons against setbacks and count your blessings.

SAGITTARIUS · ́(Nov. 23-Bco. 22)-An auspicious day for books and manuscripts. A new contract, made today, should be a favourable

ane,

POCKET CARTOON

by OSBERT LANCASTER

PLX-D

KWND

曲

·WITH SIVAD

And now for the last line!”

BY THE

WAY

by Beachcomber

WHEN Sir George Spoddick's

W secretary

rang up the Plumpton Gallery and asked whether the pictures exhibited showed the very latest trends in modern art, Foulenough at

remembered that once

Sir George was the

very wealthy business man who had just an enormous country

CAPRICORN (Dec. 23-Jan. 20)-bought A good selling day, if you are in mansion. merchandising. Optimism is de- finitely warranted. Act accordingly.

AQUARIUS (Jan, 21-Feb. 19)- Morning hours are the best for de- Anitive action, especially in affairs of a somewhat public nature.

PISCES (Feb. 20-Mar. 211-All transportation and automotive trades appear to excellent advantage. All sales talk brings good results.

ARIES LIBRA (Sept. 23-Oct. 23)—An your signature is needed on a con- (Mar. 22-Apr. 20)-If excellent day for all your affairs so take full advantage of favourable tract or an important document, to- aspects to achieve goal.

an Important day seems a good time to conclude

negotiations.

MIDWEEK BOOK PARADE

by Alden Hatch

(Skeffington 221)

To the

He was the type who would like some pictures with his furniture, and Miss Moon was at once sum- moned. The back artist was set to work on a few "advanced" pictures. "We must plle on the prices," said Foulenough, or he'll think he's not getting his money's worth." hack he said, "Do one or two very big pictures, as his rooms are sure to be enormous, and the secretary has probably given him the mea surements of the walls." The hack. who didn't care if i snowed blood oranges, set to work with a will. Sir George is expected

I

FOR THE BUSINESSMAN

Philippine Mining Marking Time

BAGUIO, PHILIPPINES, May 18-Mining, the Philippines' most important prewar industry, is struggling slowly to its feet. It is starved for capital. Out of 47 prewar mines, only five are producing regularly today, while from five to 10 others are In the process of rehabilitation. - Bagulo, once a bustling min-producing gold mines existed ing capital with a metropolitan here in 1941. Only two aro population of over 65,000, now operating today. has less than half that num- To put those two mines back in ber of people and over 1,500 of operation costs, money big money. them

Benguet Consolidated Mining Com- unemployed. Ten

patiy has. borrowed over US$3,500,000 in addition to employ- ing all its own cash reserves to build the first 1,200 fon (dally capacity) unit of its projected 4,000-ton mill, replacing two largo mills destroyed during the war. The Atok-Blg Wedge. Mining Company spent its 450-

are

ICE HOUSE

STREET

ACTIVE

nearly US$600,000.- Fthough it had

ton mill in condition, poly been damaged slightly.

Gold mining is a vital segment of the Philippine economy,

helping balance the outflow of dollars to America, and giving employment to thousands of men. If it does not revive the country will suffer severe blow.

There was a spurt of activity on the Hongkong Stock Exchange this morning. Interest being well spread out among the popular issues, with large transfers of Cements, Lights and (old) Trams

Underwriters. Business dono Busin

to amounted $1,007,000.

and

The morning's transactionis noon prices follow;

BUYERS SELLERS SALES

RHABER

DANKA

1 innk INSURANCES

Canton

Unten ..... Underwriter

FC Fire

DockS, ETC.

K, Whart (0) K. Whart (N) Dock..... Provident

LAND, ETC. IIK Botel

2000

272100

1305

ม

700 20 775 0000 70% JOJ.

160 500 185

200 # DO 400 6 3

U.S. Stockpiling

new

In the Philippine base metal in- dustries, which have considerable value to America's stockpiling programme,

metals Lack of capital also has held up operations. And here it is not only Phlippine prosperity but also American security that is at stake.

ཧྥུ་

Representative Engle, Democrat of California, recently estimated it would take 50 years for the US to accumulate a safe reserve of metal- lurgical-grade chromite-using last year's import rate as a base gura. Nearly half of America's higti 18-grade_chrome ore

Imports

como from Russia-a source that might be cut

off at any Ume.

100 1345 23% 24% 200 @ 24

1000 in

000

30 2016

IK Land

0394

100 ( 84

S'hai Land.... UTILITIES

B2%

300 24.15

Team ... 24.0 2414

Prak Tram

(Old)

Star Ferry ... C. Light (0)

20(0) 12015-120 20% 23.40

3300244

1500 23.30 1000 or 25.40

1500 20.30

C. Light (N) 2014 21 500 2021 140 2012 Elcotrie ........ 40% 40% 2000 ) 4034 0004035 Macan Electrie 2015 2246 Telephone (0) 41(XD) INDUSTRIALS

Cement

Robe STORES, ETC.

Dairy (0)

44 4455 3000 * 431⁄4 300 7 4314

4700 @ 44

2014.

04

Watson (Old) 653 8015 Watson (New) 311SCELLANEOUS

lik Construc-

ilon (0)

Conte

olher

Here in the Philippines the, coni- panies mining chrome, and vital base metals not found to any. great extent in the U.S.. were hard pressed to resume their operations. They had no

prowar money. Most of them' still do not have any.

Chromo Oro Deposite

Acoje mine (in Zambales Pro- vince, on the West coast of Luzon) sat for three heartbreaking years on lop of what may be the 1400 43

world's greatest deposit of chrome ore unable to ship a ton of it for lack of funds. The company had gone heavily into debt just before the outbreak of the Japanese war in an 5614 attempt to increase production for

American

stockpiles. Fifty thou- sand tons of ore were on Its piers Awalling

shipment

when the Japanese arrived in 1942. The Japanese got the ore and shipped out 130,000 more tons. When they left in 1945, they burned most the mining equipment and ore transporting trucks.

Wall Street

Prices Down

of

a day or two the secretary rang up to announce that his master would be calling at the Gallery next day, in the afternoon, and hoped to be able to choose a few pictures, There was an anxious moment that CITIZEN OF THE WORLD: Town, Manchester City, Birming day when a lady tried to buy the ham and Bournemouth, and it

ack's

biggest picture, a red akele- FRANKLIN D. ROOSEVELT, would be surprising indeed if he ton with an open umbrella, floating

had not gathered a rich store of above a misty collection of bottles, reminiscences.

candlesticks, jewellery and carpen- The book is, of course, studded ters' tools. The would-be purchaser, with stories of famous players who

who "ndored symbolism," had to ba TEE unveiling of the Roosevelt. Football fans who pick the song by told that this was a "problem ple- fans who pack the stands of ture" lent by Boskoforno, and was Memorial in London

strounds from Newcastle's St Jame's not for sale. She was fabbed off symbolic of the affectionate Park to Arsenal's Highbury. Nat with five guineas' worth of memory in which the great least of the stars who command a

New York, May 18-Prices had Acole will ship ore in sparent fish with: American

notes of music President and joint place in Knighton's memoirs

their worst shake-out since the mar- could have started two years ago it architect with Winston Churchill of Hughie Gallacher, Charlie Buchan, the bottom left hand corner a human dopping

are coming from their mouths, and in ket started soaring last Friday, the U.S. had furnished money and the Allied victory is held by the Chelsea's

from and Birming-eye in a triangle. It was called "Be-Trading was active. A sharp

materials. O'Dowd,

one to two British public.

points.

Ten miles south of Acoje In decline hind the Future," and the lady came in the last hour's trading, with same range, found enough symbolism in it to sink all sections of the list taking part Incorporated, which ships refrac-

trual

Consolidated Minca battleship.

in the sell-off. The market moved

tory (lower) grade chrome, wants fo irregularly throughout most of the step up monthly production to 30,000 session and in the last thirty minutes more facilities, more

ions and more. But that requires declined to the lowest of the session. head above water after completely trading, on henvy liquidation, prices of beginning to get its

hum's Joe Bradford. To discover and grasp the gifted Though he does not believe that personality of Franklin Itoosevelt, the man, one must take fees, Mr

Delano a limit should be set on transfer Knighton denies that up the informal and

yet vitally money can "buy" the F. A. Cup. intimate biography by Alden Hatch. "No matter," he writes, "how-much-

a big team spends on perfecting its attack and defence by means ing and so forth, that team can be high-priced transfers, special train- walloped by a combination of spirit

From its pages, FDR emerges as a man who always displayed high genuine love of

moral

courage,

people, an infectious simplicity and Reninity, a liberal mind and poll- fival sagacity. These were the deep-rooted virtues he practised in his own home and at the White 1louse where he worked with un- remitting vigour to promote ไฟโต concept of human welfare global scale.

the

the

on A

moment

and good football."

DI

But Mr Knighton has his own ideas of the reforms which should be Introduced by soccer's legislators. For example, he supports the case for two referees to each game, and he niso looks forward to the day when it is permissible for a badly Injured player to be replaced by a fresh mon.

ZBW RADIO

As one would expect, the biographer

also occupies himself with

spontaneous friendship which sprang up between Roosevelt and Churchill from they clasped hands aboard HMS Prince of Wales in Palacentia Bay, Newfoundland, before the

Bay II.K.T. the Japanese bombing of Pearl Harbour. Writing of their "peaceful unhurried time" Children's Half Hour "Beau Gesle" by together after the Casablanca meet- Viking Funeral": 6.30. ing. Alden Hatch comments: "The Serenade", "It's in The Air" Variety

done, all

Request Programune Presented by Susan Issues Howard. (Studio): 8, World and Hame

conference was selted for the present, and they could learn to know each other and deepen friendship by casual talk. They joked and needled each other in the exuberance of their spirits, or talked intimately of their highest uspirations. Franklin loved Chur- chill's stories of his

adventurous youth: the Boer War and his escape from Captivity;

war corresponding

in Cuba; and, best of all, the tale of young Captain Churchill leading the last reni cavalry charge, lances in rest and bugles blowing. Kitchener's army at Khartoum.""

with

This atmosphere

of intimacy permeates the whole book, down to the President's cordial dis- even like of General de Gaulle,,, found "no damned

whom he sighing,

rude,"

It is recorded of the French leader's visit to Washington: "One morning when he comes down he think he's Joan of Arc and the next he thinks he's Clemencrau. I wish he'd make up his mind?"

BEHIND THE SCENES IN

BIG FOOTBALL,

by Leslie Knighton

(Stanley Paul 16/-)

TOR 35 years Leslie Knighton has "}}ved" soccer. During those years he has been Arsenal, Chelsea,

manager Huddersfield

of

0.

Programme

P. C. Wren. (BBCTS)

Summary:

6.01,

Episode 0:

"Wednesday

News London Relay: 0.15, "Jazz Octet (BBCTS); 830, "Paul Temple and Steve" by Francis Durbridge Episode 8: David Movies Music & Extracts from Nelson

explains: 9, "farch of

the

the

Films (ORBS): 9.30 Piano Recital by Harry Ore (Studio); 10, World and Home Naws (London Relay); 10.14, Weather Report; 10.36, Don Cossack Choir: 10.30. Dance to Gernido and is Orchestra: 11, Radio Nows Reel (London Relay); 11.16, Weather Report and Close Down.

EDITORA PRENS SERVICE.

4,0 MORAN'I KANT cómicos

Another Stickywicky

I

tran-

romance!

SAY, Lady Joan, why is the Hon. Eustace dancing with his hands In his pockets?"

"I think, Lady Isabel, his braces must have burst again. He's trying to hold his trousers up."

"I must tell him about Sticky- wieky, the new marvellous stuff that makes the breeches adhere to the shirt, Lady Joan."

you fold me

Finally the Philippine government through its Rehabilitation Finance Corporation lent Acoje US$700,000. July, It

the

The decline wiped out more than rebuilding its properly, is not quite $750,000,000 in market valuations sure whether to go ahead until it and it was the first session out of the sets 다 long-range contract to

In Doldrums

much

last 1 in which the Industrial stock Ruarantee purchase of that average lost ground. Also, os mea- sured by the general market average, the break was the widest since. Feb- ruary 10.

On other islands there are mines Transactions totalled 2,480,000 producing monganese, high grade shares. This was the 26th consecu- iron ore and copper. Most of them tive, full session In which sales still are in the doldrums due to lack cracked the million mark,

of capital. A few, such as Lepanto Wall Street "Darling

Consolidated, a copper property experts attributed

in the the mountains north of Baguio, were.. decline to profit-taking, which they say lucky to have had Japanese milled was a natural reaction because of the sonring prices in the past few sessions. Industrial fasues were weak, and Steel Issues eased. General Motors lost more than a point, in the lower automotive group. Carriers were lower.

(Two weeks Tater). Isabel, I've adored you ever since about Stickywicky. All the chaps at the club swear by it. Will you marry me?" "Of course, Eustace." (Both think: wickyi)

ore ready to ship and thus help to finance their rebuilding. Most were not.

Two years ago the United States Congress passed the Philipines Re- habilitation

Act. Among other things. the close of US$400,000,000 in war damage pay- provides for

Of 1.153 ues traded, 707 were lower. Good old Sticky-270 higher, and 167 unchanged.

(Advt.)

Dow Jones averages at the session stood as follows:-

CHECK YOUR KNOWLEDGE Answors

1. Ketchikan, Alaska. 2. South of New Zealand, lying against the great ice barrier of Antarctica. 3. Thomas

Jonathan Jackson. 4. President Paul von Hindenburg Because under the action of light It breaks down into water and oxygen. 0. To transmute baser metals into gold.

B

"Just so you won't have any illusions-you're the Gith

music teacher I've had!"

30 Industrials

20 Rail

10 titles

40 Bonda

Uus

ments to private claimants. None 100.00 i

6121 of this money has yet reached the

mines. And unless Congress appro- 100.31 printes additional funds, when the -United Press.

25.30

London Stock

Market

London, May 18-Wall Street's rearmament boom enused a big mar- king up today in dollar stocks In the London Stock Exchange, especially steel, which was up to US$135. Chrysler up to US$103- and General Motors up to US$100.50.

value

money is eventually paid, the larger claimants probably will not get back 30 percent of their prewar property losses. This will not put many mines back in the running.

So the Philippines most valuable Industry continues to mark Ume- Associated Press.

N.Y. FOREIGN

EXCHANGE

U6$02077

Phares were strong with New York, May 16-Today's foreign bld up by 10/- at 182/0. exchange closing rates were Oils were also good with Dutch 7/8 nt £25 and Anglo-Iranian Australia

Royal Argentine Peso (Oficial)

Argentine Peso (UnoMelat) up 5/- at 172/6.

Bratti

Canads

Shipping shares were strong on the Belgium, unexpected report that the profits of chlo the Union Castle Line totalled £1,- England 880,000, compared with £495,000 the Fraines previous year.

India Other markets

Blexico wero Arm but New Zealand quiet-United Press.

Exchange Rates

Business was done in the local un official exchatge market this morning the following rates:

Chinese dollars (per CN1 m.)

Sterling notes

per 1) US, dollars (per US$1) Gold bars (per tael) Finstren (per 100) NEI gulders (per 100) Blom ticals (per 100)

Peri

Portuga!

South Africa

Sweden

Switzerland

Uruguay

Venezuela

hanghai (CNC$100,000) atavia

Netherlands

ot

Singapore

Hongkong 3.40

14.00

6.37

310,50

10.00

41.30

-United

2401

.0505 .0223-1/4 .03-5/B

.0335

4.03-3/0

3025.

STERLING NOTES

New York, May 18-Sterling. pound notes wero quoted, hore at

23.50 $2.08 today-United Press.