1948-06-30 — Page 7

Hongkong Telegraph 港電新報 士蔑新聞 All

THE HONGKONG TELEGRAPH, WEDNESDAY, JUNE 30, 1948.

FOR YOUR SPARE MOMENTS

SIDE GLANCES

By

Galbraith

EXCLUSIVE TELEGRAPH' FEATURE

|POCKET CARTOON

YOUR BIRTHDAY

STELLA

WEDNESDAY, JUNE 30

FOR THE BUSINESSMAN

HONGKONG STOCK

MARKET

The turnover for this morning's session of the Hong- Transactions anil kong Stock Exchange was $311,000.. noon prices are here listed-

N.Y. FOREIGN

EXCHANGE

New York, Juno');

June' -Today's foreign

exchange closing rates NCIS:-*, Argentine Peso, (Official) Argentine Peso, (Unofficial)

BHARER AUYERS BELLERS SALES

GOVT. LOANS

35% (945).....

DANKS

JK Bank INSURANCES

Union

Underwriters..

DOCKS, ETC.

K; Whart (0) Dock

LAND, ETC.

10,000 -102

2070 2110 5 2120

·20 0·760

700

780

15%

US$0.2777

Provident ...

2000

0030

21K Hotel

1716

HK Land

100 # 03

33. 014

0228-2/0

2211, 1000 @ 2214

2314

C. Light (0)

600 @ 2436

Bouth Africa

0700 0401 0.03-1/4

C. Ight (N)

2011

Electric (XD)

100 4514

500 45

Telephone (0)

4174

2185

INDUSTRIALS

Switzerland

2316

Cement

401

◄17 500 # 40%.

Uruguay

6300

1000 401

Venezuela

3010

Rope

10

300 18%

Shanghel (CNC$100,0000}

STORES, ETC.

Netherlande

33773

Batovia..

3785

Walion

Dairy olds**

54

600 60

Singapore

STED

Hongkong

2400

United Pre

EWG

COPKL. 1868 BY NICA BERVICE, 1990, Y, M. KED. §. 8. PAT, OFF,

"Sometimes I feel like we're wasting our tifo work, Joo, when I think of what an atom bomb would do to a building

.. like this!"

• MCKENNEY ON BRIDGE

An Important 44 Rule to Remember

BY WILLIAM E. McKENNEY

....

the most enjoyable tourna-

I have attended recently

and Aayne, Bonzing started

th Jersey Fairs at Nidge-

last year and did

Vorming a bridge

This year they

There is an important reyland

their open

Pai, Y.

iny's hand, which came up during Ridgewood tournament. Most found no difficulty in getting four spades and the play

long the same line at most tabis Tit opening lead of the ja clubs was covered with the from dummy, East won and

queen of clubs,

072

went

k of

*king Cazhed

K10

102 .200 84 JDGS

N

4053 ♥K

3

*J32

WE 104

S

4AQ98 753 Dealer

AKQ3

A753

AKQ

South West

14%

04 Tournament-Neither vul.

East North 24 34 Pass Pots Pots Pass Opening-43

14

Now East shifted to the ten of diamonds. Declarer won with the queca,, cashed the ace and king of spades, and overtook the eight of spades with dummy's' jack.

At this point most declarers led the queen of hearts from dummy, East covered. with the king and South won. But now he had to lose two heart tricks.

There was nothing to be gained by the play of the queen of hearts. have cashed the Declarer should

ace, king and queen of spades and I do not then the ace of hearts.

that this play should be made singleton king, because It

drops the

BAY

but because there is nothing to be gained by leading the queen.

It

East had the king and one, declarer would have to lose a heart trick to the ten-spot in West's hand.

Bear in mind that when you have four to the queen-jack opposite four to the ace, the ace should be cashed. You loca nothing if the king does not drop..

DUMB-BELLS

YOU'VE GAINED] NOTHING| WEIGHT?7 {WHATEVER ARE YOU SURE) EXCEPT

THAT YOU

OF COURSE) ATE EXACTLY MY!

ORDINARY WHAT ORDERED AND MEALS!

NOTHING ELSE?

Check Your Knowledge

PORN today, your love for especially unpropitious time for you. Dliteraturo and the arts is perhaps It is best, if you lie low when things your most outstanding characteristic., seem against you and wait until there is a visible turn for the better You would like to excell as a creative artist but may be somewhat Then when the tide has turned; go lacking in the push and drive that in fighting to achieve exactly what makes commercial success an early you want. reallly. You are much too prone to Histen to the flattery of your friends.. Don't be the sort of person who does one job and then sits back for the reat of his life, basking in its light and expecting that the flame of acclaim will never waver, even if re you never add fuel to the lamp. In other words, follow up one success with a rapid second; and then a third Make your efforts continual or the light may fall.

1. In what century did men begin wearing short hair?

2. Who followed Donald Budge as United States men's singles cham- plon in tennis?

3. On whose life story is opera "Blossom Time" based?

the

It is quite Bikely that you will come into quite a sizable inheritance in your mid-twenties or mid-thirties. Don't use this windfall to enjoy I good leati Jovest furtheratice of your education or have been career. Perhaps you forced to put aside, sour Inner ambition previously because financial dependence upon a regular job. Now is the limo to test out your

Prove yourself! > capabilities.

of

To find what the stars have in The stars seem to have been capricious, when you were born for store for tomorrow, select your star and read the your ille appears to run in cycles of birthday good and Ill fortune. The so-called corresponding paragaph. Let your "Ides of March" appear to be an birthday star be your daily guide.

THURSDAY, JULY'1

CANCER (Jano 23-July 23)— CAPRICORN (Dec, 23-Jan. 20)---

(BRAKS

Of Bill! I'm so proud of

you both

BY THE

WAY

A new business opportunity may be The mechanical trades are successful by Beachcomber

offered. Grasp armly. A day for romance, too. If you have time for it

LEO (July 21-Aug. 23)-New plans may now be put into operation with anticipation of profitable success. Public affairs favoured,

channels for your activities. It planning a journey start now.

AQUARIUS

(Jan. 21-Feb. 19)—

A top-notch day as for us all your activities go. Push an opportunity Into making a successful deal.

PISCES (Feb 20-Mar. 21) 22) A good, all around day whether for buairies or romance. Social *plans should turn out excellently, too.

VIRGO. (Aug. 24-Bepl All lines of endeavour highly favoured, so push all your activities on all fronts with the best possible speed.

ARIES (Mar 22-Apr. 20)

time to push those A favourable plans previously made but postponed pending a good opportunity, This is it.

LIBRA (80pk 23-Ocl.

23)- Employer and employee relations are likely to be mutually agreeable. Even romance looks more attractive now..

TANUS (Apr. 21-May 21) SCORPIO (Oct. 24-Nov. 22)- A fine merchandising day. If you Confidence will make the day more are shopping for vacation clothes, than unusually successful. Anything this might be a fine time to make begun now should be a real success. your purchases.

IVING the riame of Raymond

Australia

Beauti

Delgium

Cassada

Chile

England France India Mexico

New Zealand Peru Portugal

Eweden

0315 4.03-1/4

.0037-3/4

S'hal Lend Humphreys UTILITES

Tram...

Star Ferry

3023

100%

3.54-1/4

POUND NOTE RATE

New York, June 20-The British pound

note market

G Sharpe, a respectably drons pete wear quoted in the unoficial mar

ed man entered the kitchen of a semi-detached house in Ipswich on all fours.". He was observed to be pushing a pea with his nose, in the Aberbananer man- ner,

PARIS FREE MARKET

Paris, June 29.---In the free market

quoted at 20,200 francs.

hero today the US$20 gold piece was

"The US$1 nole was quoted at 200 france against the black market reta óf

340 france United Fress

SWISS EXCHANGE

WALBOT (New) B

COTTONS

2004 84

ITEL 10 100 18:

Mild Rise On

Wall Street

New York, June 20.-In the stock market today, buying by recent ex-sellers brought a mild rise despite a small pront-taking movement to- wards the close, The market

Zurich, June 20-The following change rates were quoted in the un- oficial market here today:-

Argentine Peso

F. 0.03

U. S. Dollar Sterling

3.08 1130

-United Press.

arket undertone

regained

frmness, but the volume of trading smallest of any full session

WAS

in three

months.

Analysts thought the price gain

not impressive.

was

Rubber Futures Aviation stocks led the rise, with

Josera

Charged with ridiculously entering private premises, he pleaded that the pea had got out of control in Calmont Street, and that he had in- tended to push it through the kitchen and out at door on the further side. The householder, Mrs Jelly, sald that when he saw his nose on the floor she thought he was

vas after a a mouse; but that she was made aware of her SAGITTARIUS (Nov. 23-Dec. 22) GEMINI (May 22-June 22}

error when she observed the pea -A good day for business and Past efforts now reap excellent

being propelled by alternate nos- romance. Wedding plans fulfilled. rewards. You

Loday closed five paints higher to Ave can go out and get trils. The man was cautioned, and Start a

Dainis lower on sales fotaling 65 con joumey; expand business exactly what you want now. Go bound ever to keep the pea. plans.

after it.

Prices closed as follow:- July in cants per ID.)... 21.87 bid August

What! Again? ·'

MIDWEEK BOOK PARADE APPARENTLY yet another picture

THIS

MAN KNOWS

HIS BAD

WOMEN'

Higher

New York, June 20-Rubber futures

ITACIE

September

October

November

December

January (1D4S)"

February

March April

May Jund

about George Sand, And I bet there will be the usual scene in a huge drawing-room, with Showpan playing, and George sur- rounded by Lammerteen, Dimoossy, Annertoal Frantz, Zolur, Floorbert, August Goaliny, Goonode, the Empress September Ujaney, and many others of the Ho Spot Mond of Pareeshun ille,

THE LAST G.I. BRIDE WORE makes you glad, even a little proud, Sport

TARTAN,

by Fred Urquhart. (Serif Books, Gr. net.)

of the civilisation which still exists In our time.

R

ACEHORSE owners and trainers are becoming alarmed at the in- Maurice Baring, connoisseur of creasing meddling with horses. They the old Russia, student of the new, are "appealing for safeguards." One writer, airman, and diplomatist, suggestion is that no authorized per- tho epitome nfson should be allowed near a horse

before or during a race. fellow find out all this about was in his life,

civilisation. G.I. brides?

analyst's report on the condition of I know next to

after the Priority Sunburst

1,250 nothing about Urquhart,

THERE on earth does

W

a

Ho ex-

European

spoke many the cept that he is writing his way languages and loved Europeans. He Gulneas at Swindon made it plain

of short wrote entertaining novels like "Cat's to success by means

Cradle." He was an accomplished stories.

4. Name the largest clly in area in the United States.

5. How fast does light travel?

(Answers on Column 5)

CHESS PROBLEM

By E. PALKOSKA

Black. V pieces,

White, 7 plecka,

White to play and mate in three.

Solution to yesterday's problem:

Q-B5; treat 2. QXP (ch). QXXI: 2, KB3 (ch); AGRIXKi; 2, Kt-B0 (ch),"

CROSSWORD

Acruss und a Wast the older duck does

when it goes 10 rent? (0, 4) "Tho mark a ropurler iay make

(7)

12 rategistng, but apparently:

doesn't weary everybody.

10 Thenck-rosa. ::.

(0)

10, Lake time it refuses to wait. (4) 20. Bped, to the, tyrant. 10)

of this and

21. Put ban in trop Bee Down

Bive up. B 23. It may be, followed with much

Interest. (4)

DOND......

1 and 22. Do stitch cans (anag) what a gamble 10 can be. 15, 3.4

2. A friendly sort of way. (d)

1. This board hatpa la performing

fosts of agility, coj

4. Bad tempered. (B).

a. Accomplishment. (0)

6. Beo 3 Arrows,

B. Far from sweat in so urgent

meal (4)

it. Too much haste scoms to diminish

115)

18. Drop to

only

18. A figure taken from the Lido. 17. Prohibik, TOR

15. Thows on par, are clerical. (4)

Botution of posterday's pussia,

BALIK OPSTEMBER Hadura. 15 mil 1... keting f KWANI YA Kosher: 23. Eine

= 4 Typ-root: 5, BET

Dexterous.159 14. Bobosit. (8) Dreamind; and 44, Tha -15/wath there you can evon" mnako ? -Tiers BUT, Å, BALTIE

leolutivan -insterz, -- (8)

Tis What: JAN

Bred.

His specialities are good dialogue and, bad women. There are deplor. able lapses in both.

His tartan-clad heroine, for in- stance, is not wholly good. There is a squalid side to her character. She is setting out to meet her Lew chance. with an eye on the main She hankers for that paradise of the spiritually ill-nourished. Holly wood.

-post.

July

Dougins gaining half a point. The

Included

Montgomery Ward. International Harvester gained half a point despite the strike. General Motors lost 1-1/4 points on dividend boost. Motor issues were higher and Steels had fractional, advances. -United Prest.

51.00 nominal BRISK RALLY IN

21.00 21.00

21.20

COTTON

New York. June 29-Cotton futures "today ruled quiet and irregular, dominat- ed largely by evening up operations in July delivery. The spot mon rallied beakly in late trading as covering opera- Home Again disclosed, a sold-out market. after a drop in excess of $ijā bala over the past week.

At the elbs, reports etrculated that dus United Press, to some legal technicalities prospective Army buying for Japan under the re- rently approved $30,000,000 coticn eredit

LONDON MARKET

::, London, June 2-Prices today closed would have to be based on July delivery. [na, followe

July in pennies per b.)

September

October November

December "January" (1940).

March

United

SUGAR MARKET

how

of the weak holders in July were apparently shaken out, and leading spot

interests are now apparently in control.

Prices closed as follow p

Spot

July

August

September

ess. October

November December

March (1049)

May New York. June

TUKAR 20-Wärld.

July futures today closed two to nine points October

Domestic Kugar futures clated un- lower on cales lower on sales totalling nine contracts. changed to one point totalling ses contract

Prices closed as follow:- CONTRALT NO. 4. (World). July in cents per lv.) March (1049)

Beptember

that the owner had fed his nag on queer capsules, and that the trainer had tied a rope between its forelegs before it went to the starting-gate. Marshal Foch said of him: "There, During the race the jockey slipped a a staff officer in any bit of slightly poisoned sugar into never was

lko century,

Major Baring." Its mouth. Trenchard said: "It was he who

the tone of service into "After the bawl was over" CONTRACT NO. 5 (Domestic) brought the R.F.C."

Above all, he had a genius for friendship, and this book by his friend, Lady Lovat, is a memorial to these qualities. Never was there a less sad memorial,

In the chip she shares a cabin with a smarter, harder, more ruth- As Baring daily

become more.

less character called Isobel. When i war in the Europe which he lots are drawn for the official posi- loved and understood so well be- tion of Last G. L. Bride, our Scots came more violent. heroine wins.

The audience was stunned; for à moment there toas no applause.

(Music critic.) -

Peace reigned for a moment

A hush was in the Hall, After the bawi was over

After the bawi

Tail-piece

J

Later we see her settling down

of

"When the news of the liberation RECENT meeting with a con- in a small town in the Middle West, of Paris reached us on the wireless, A celted author reminded mo Her new folks are good, if a little a French military chaplain, Captain what Talleyrand said of Chateau- "Because people are no tedious. We see those vicious streaks de Neurois, MC, who had served brinnd: In her character wiped out by their with great disinction in my son's longer discussing him, he thinks he's

brigade on D Day, and was an sick dear." goodness.

leave at the lime, recited the "Te salute by This is a simple narrative. It Deum, standing at the tells you all you want to know- Maurice's bedside." with subile omissions.

With a delicacy and brevity Urquhart's stories have plenty of amounting almost to genius. Lady pace and go when he breaks Into Lovat has recorded in dialogue the the dialogue. I hope he develops last two or three days in the life length and breadth and provides of this gay and brilliant man. There novels as good as these short pieces can be few deathbed 'scenes. written

Look out for them. These modest as movingly as this, covers are packed with talent.

MAURICE BÅRING.

A Postscript by Laura Lovat. (Hollle and Carter, 108; 60.) VENTLENESS”... without

sentl- mentalism is nearly unknown This among the books I read. almost casually assembled volume

ZBW RADIO

HKT -

b Programme Summary: 6,01, Chlidren's Half Hour: "Alles in Wonderland" by Lewis Carroll Episode 4: Alice playa Croquet with the Queen" (DBCTS); 4.30, Wednesday Serenade": 7, "it's in the Air Variety Request Programme Presented by Susan Howard. (Studio); B, World and Home News (London Re- Iny) 0.15, Vocal Recital by Elvie Yuen (Soprano) with Plane accompaniment by Clara Stamfeld (Audio); Compion and Val Clotus in wh Shakespeare" (BBTCS) Art Adaptation. In two parte of the Play by Clemence Dane 9.30, Selections from Opera; 19, World and Home News London Helay): 10.10, Woainer Teport: 10.10, Harry Horlick and - Mixturo" tis Orchestra: 70.30, "Navy (UNTCS); 41., Radio Newsreel" (London Holay); 11,15, Weather Report and Close Daw

John

CHECK YOUR KNOWLEDGE

Answor

1. In the fifth century. 2. Robert

4.

L. Riggs. 3. Franz Schubert's, Los Angeles, California. 5. 180,000 Pudney-miles per second.

"In tonight's mystery play, here are the

order of disappearance.

EDITORS FRECE BENVIOK,

aracters in

May July

Bentember 'SPOT...

July

September

December

March (1949)

May

Jul

SPOT

4.16 ask.rl"

4.10

349 bla 3.$5 asked

4.00

5.15 traded 5.10-17 traded

4.ES

5 12 anded

12

4.00

4.88 bid

5.10

United Press.

New York Metals Market

New York. June 29-The following prices were nunted in the New York metals market today: Copper (Fectrolyte,

F. A. S. New Yorkeri,

ber

21-1/2 22-1/4 cents Zinn (Prime Western, New

York) per b 12.65 cents Manganere

Electrolytla D

nercent Manganese, de- Ilvored east, of: Mississippl River) er 3b. ...... 32.00 cents

SCRAP PRICES

Scrap prices today were as follows:- Coprt FO.13. per fon

'(light) .....

US$ 14.73-15.00 Lead,

7.0.3.

ton per

13.84-14.00 (heavy soft).

40.36

Steel, F.O.D. per ton

(No. 1-heavy melting)

37.21

BV NA

31.01-03

32.54-55

33.18 nominal

31.75

20.70

-United Press.

STRONG PEPPER

MARKET

2-Black New York, June,

pepper futures today closed 100 points higher, with no saits reported.

An- Increasingly strong undertone in the spot market caused buyers to rebe bids one cent per pound without at- tracting offerings. Dealers reported that in relation to the" available supply a "fair amount of business" had been done, as consumers'apparently began to anti- cipate late summer and fall requirements,

Prices closed as follows |-- July

04.00 bid

September

Oclober

December

January (1040)

March

May

Spot

Spot (White Muntok)

53.00

Fr

02.00

40.00 nominal

€7.00

46.00

40.00

57.00 asked 70.00 naked

United Prem.

CHINA PRODUCE QUOTATIONS

New York, June 29-China produce prices today were as follows Aniseed oil,, per ib. 7.0.0.

New York

Cassia oil, per ib. FÖD,

New York...... Tung ou, in tank cars, FO.D. New York per Ib._.

Bandalwood, in drums, do

pending on quantity: & quality............

Ajar agar, per lb. F.0.1,

New York

· 0.73-6.50 -

2.10-2.50

023-/2 nom.

1375 nominal

3.00-3.10 416.00-18.00

Beryllium (10 to 12 percent)

per ton

United Press.

Molybdenum (DO)

-

per lb.

TIN SMELTING

Washington; Jine 29—Preddin!

man loday by signature made into law the Congressional act for... a ́two-year extension of the domestic tin amelting Industry-United Press.

OUTWARD MAILS

WEDNESDAY, JUNE 30 Closing Timer By Air Shanghai Nanking, Hankow,

Taingiao,

percent

0.45

United Press.

Copra And Oils Again Dull

New York, June 20-The copra and coconut oll, markets today

Paiping, Amoy, Awatow end-Hollow, lapsed into dullness, with prices

showing uttfö change

9.30 p.m.

Bangkok. Rangoon, Calcutta, Karachi. French purchases of coprn during

Bahrein. Cairo (Nairobi. Johannesburg

estimated- and Marseilles via Cairo), Augusts and the past few days were Landan, (Kawloon CPO) 4.30 pm. between 4,000 to 6,000 long long for (GPO)_5_pan,

July/August aliipment. Prices ranged from US$300 tổ US$297.50 .a long

F.O.B. Philippine. Islands. Based on the the French purchases, tho

Japan (Ordinary latters and cards only)

6.p.m.

Closing Times Dy Bra & Train 'Shanghial (Bea) 3 pm.

Team kong via Canton (Bea) d p.m. Canton (Parcela de 2nd class mail) (nea)

3. p.m.

THURSDAY, JULY 1

Closing Times By Air

ton, F...

Was

domestic copra market figured nominally at US$203 a short ton, C.I.F. Paciile Coast, for nearby

Cantos, (Kowloon CPO) 10am, 12.30 chipment and at US$200 for July/

August shipment-United Press.

Exchange Rates

p.m.; (GPO) 9,35 0, Noon. Shanghal, 9am. (reg); 9.30 am, (ord),, Manio. (1.30 am. Lluchow, Kunming, Shanghal, Nanking, Jankow. Taingtao, Pelping, Swatow, Aracy, and Talash, Noan freg & ord). Bangkok, Bingapore, Batavia, Colombo,

Sydney and Auckland, Noon treg &official exchange market this morning

oid).

Foochaw, Noon (róg & ord).

Closing Timer Rty Bán di Train Swalty and Amay (50) 10 h.m.

Business was done in the focal un

In the following rates;

Chinese dollars (per CN81 m. A.. Sterling Notes (per £11 U.S. dollars (per US$11

1,00

14.10

18.00

11,40

-Biam" leals (per 100)

NEI guliders (per 100)

26.60

Plastres (per 100)

Bbwighat, Honolulu, USA, Canada, Cen-Gold bats (per thel)

Bouth trai and

America via Ban Canada) Francisco (No Parcels for (Ben) Noon (par; res, da ord),

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