1948-07-15 — Page 7

Hongkong Telegraph 港電新報 士蔑新聞 All

THE HONGKONG TELEGRAPH, THURSDAY, JULY

1948

FOR YOUR SPARE MOMENTS

EXCLUSIVE 'TELEGRAPH' FEATURE

SIDE GLANCES

By Galbraith

YOUR

BIRTHDAY

THURSDAY, JULY 15

By STELLA

COPE. HER BY ILA BERVICE, 185, 1. De meci di, B. BAY, OPV. "Yos, it's a nice poem, but I hope they aren't aiming for you to be a poot don't they ever teach you how to writo

La sales letter?"

LESSON HAND

¡McKENNEY ON BRIDGE

A Top Score Calls For a Safety Play

BY WILLIAM E. McKENNEY

FOR

OR today's lesson hand we have a hand that came up in the re- cent Eastern States tournament in New York. Peter Leventritt the only player in the make the contract of four

room

WAS 10 spades.

The play Involved is a safety which I think has appeared in every

book written

hand.

on the play

Leventriit

AKJ862

KOC

J 1005

N

E W

10

10

Q5

A982

Q374

32

of the

DUMB-BELLS

REGISTERED U. S↓ I'M GOING TO THE FANCY DRESS BALL AS FATHER TIME

AND I WANT TO BORROW A SCYTHE!

I HAVE NO

SCYTHE! BUT I CAN

LOAN YOU A LAWNMOWER

Check Your Knowledge

1. How many ribs does have?

man

BORN 10day, you have a vivid per- sonality and are what is known ns a "good mixer". You are intul tive and sensitive to your environ- ment and to the people you meet, seeming to know how to get along with them under nil and varying what la conditions. You realise going on in the minds of others and know how to temper your own thoughts and actions to it in with an attitude of true co-operation.

Just so long as you do not sub jugate your own personality to that of other individuals this talent i an asset. However, if you become nothing but a sounding board and Fortunately, you can laugh at your and weather-vane for the opinions own misfortune as well when they and Ideas of those who surround pecur-and this is a great help. you,, then you may not achieve the Affectionate and loving you will be Individual success for which the happiest if wed at an early age.

have in stars have prepared you.

To find what the stars store for tomorrow, select your birthday alar and read the corres- ponding paragraph. Let your birth- day star be your daily guide.

self, must determine. If you are constructive in your actions as well as in your ideas, then you can make a success, financially, of your early good business. ideas. You have sense, provided you bother to use it. As you grow older, you must learn to be practical If you are to achieve business Kuccess.

se of humour is very keen Your sense and often, even the most unpleasant ...circumstances, display to you their amusing side. This does not always endear you to others who have not this objective: point of view in

others. foibles of the

In youth you are much inclined to you a dreamer and whether be develop your ideas and become a "deer" is something that you, your

FRIDAY, JULY 16

...

POCKET CARTOON: by OSBERT Lancaster

RATH

"Compulsory whale meat i Sol This, then, is your boasted British democracy!”

BY THE WAY by Beachcomber

ERE is a new kind of com-

H petition.

}

CAPRICORN (Dec, 23-Jan. 20)- CANCER (June 23-July 23)-Pro-

and business Delay any important decisions in teet your personal

On what occasion and in con- interests as well as guarding your real estate or land projects until you

highly can give all your plans more deliber-nection with what event would be a health and this can successful day.

LEO (July 24-Apr. 23)-Moor changes will not necessarily detract from the progressive and favourable aspect of today's efforts.

VIRGO (Aug, 24-Sepi.

22)-Get

into your best work this morning for when afternoon comes you may And, yourself slowing down a little.

LIBRA (Sept. 23-Oct. 23)-Con- tinue to make progress, but make very sure that all your plans are based on sound, honest practice.

SCORPIO (Oct. 24-Nov. 221- Conditions still continue to improve but be very diplomatic in all your dealings with the fair sex..

SAGITTARIUS (Nov. 23-Dec. 22) Plan new projects and see that they Get your publicised. are properly light out from under any basket.

ntion.

FOR THE BUSINESSMAN

Tin Ore Export Duty Abolition

...

Questioned

London, July 14The Cotontal Secretary, Mr Arthur Creech Jones, denled today that the export duty on tin ore In Malaya had been abolished as stated by Mr Leonard Gammana, Conservative, in the House of Commons. "What has been abolished is differential export duties of this kind the additional duty on tin ore are contrary to the general agree-

visional application of which exported otherwise than for ment on tariffs and trade, the pro- smelting in certain British terrl Federation of Malaya has recently been notified to the Secretary torles," he said.

General of the United Nations.

was salined that the advan Lages of this action to the Federa- tion of Malaya outweighed the pos-

This action, was taken because

ACTIVITY ON ible disadvantages

ICE HOUSE STREET

The Hongkong share market was more active this morning. the Stock 10.070 turnover being Exchange shares with an aggregato value of $573.000.

+

Details of transactions and noon

prices follow:-

BITARES

BUYERS SELLENS SALES

BANKS

HK Bank

2020 2070

20 @ 2030

Fast Asla

140

300

INSURANCES

Carion

Union

make

Underwriters

HK · Fire Anes

when

DOCKS, ETC.

bath-

. Wharf (0)

that AQUARIUS (Jan. 21-Feb. 10) the following sentence Wind up business begun yesterday sense? Tell him during the morning hours for com- they have smeared the plote success. Be moro cautious room walls with tar, her mother when afternoon comes along.

will push the parcel in through PISCES

20-Mar, 21)-- Morning hours count for a great deal the larder window at the bicycle so push your plans forcefully. ahon.

(Feb.

Afternoon can bring an unfortunate delay,

ARIES (Mar. 22-Apr. 20)-Clorify your ideal and stick to it. See that you go out after exactly what you want without deviation.

TAURUS (Apr. 21-May 21)-Keep on your toes and rendy to grasp any good opportunity offered to you' today. Be ready to set at once.

GEMINI (May 22-June 22)-Don'! let your emotions get the upper-hand today. Keep them well under con- trol and all should progress well.

University Town in Portugal

By TEMPLE MANNING

UST as some travellers "collect"

JUST

arc

iclands or the site of great historical events, others find joy in visiting ancient university towns.

Inevitably re- Their visits warding ones since such towns are replete with atmosphere, charm and Oxford and architectural beauty. Cambridge in England, Heidelburg Germany, Graz

in Italy, 2. From what is digitalis obtain and Gottingen in

in Austria, Padun

In ed?

Salamanca in Spain, Uksalo

Portugal, Sweden and Combra In

of the magnificent old are some Crusoe's university towns that come to mind.

3. What is the meaning of "dos clos"?

*

48043 #3872 +43. 4ABC

Decler

4A75

A 1043

KQ7

4K 95

Robinson

South

24

Weat North

East

5.

1s What

Pass POZE

1 A 4

Poss

onimal?

Posa

29

Tournamen-N-S vul

The question is how to play the spade sult. Declarer has to lose one club and one diamond, and he must nvold losing more than one spadć. The correct play is to lead a small spade from dummy and go up with spade the king, then lead a small

If East plays back toward the ace. low, declarer must put on the seven- spot from dummy. If East covers with the nine, declarer wins with can With this play East the acc

make only one spade trick.

Every expert admits that this is be pinyed

the way the hand must

at rubber bridge, because there

the contract is the important thing.

A discussion arose, however,

about

for the

this play in tournament bridge, in which you have to play maximum number of tricks. There- fore some of the experts think that In tournament play you should try to plck up the whole spade sult, and that the only way to do that is to then and lead the ace of spades Binesse the jack.

not go along with this I do theory because in my opinion bidding

four

on this spades and making

* score hand is bound to produce above

average. Therefore I think

well players 05 tournament rubber bridge players should make the safety play on this hand.

4. Where is Island?

п

omniverou3 pn

6. At what hours does bell ring eight times?

a

(Answers on Column 5)

ship's

CHESS PROBLEM

By G. HEATHCOTE

A

Black, 6 pieces,

مو

3t

12

12

Si

G

R

White, G pieces. White to play and male in three.

Solution to yesterday's problem:

1. Q-Kts, any; 2. Q. R, or Ki mates.

CROSSWORD

lupsy-turvy. 19. U)

Traditional treas of a famous; puniic school., 44, 43 Fester. 181

Canad

Маке

1. This gians could be a telescope.

20. Provincial corruption of cover.

(4)

21. T sido in the worst view

anything. (5) ⚫.92. Joint.

1. Cap 14-51

2. The thing spoken of. (21

Left: 44. 411

DƏN 2014

tairy storica

Jellow from the

151

5 He's an authority on the low-

auce ornvisions 101

D. Sé Acrusa

ti tarmony al sound. 1B)'

U late user sana.. (0)

11. Bensation conveyor to the brain.

(B)

Coarse torn fabric. (4 Anny pupils do 111st nefore their 02015 (41

pusele, ActODEI doluttes of tentetuin the Their is Robe: 24, nil, thank of low of an

flown Wwaite best 14. Bijent 14119 Ocarina: 11. Calfe, Raich

HR on been,

5. Operaal-Pu

Teligopot 15. Wenly;

12. Small birds of the strunh family.

18

Feature of the neareal 1-13)' lindos 19,"nifi,”

5-31

Of these, Coimbra is perhaps the least known, but it is as lovely as

A fisherwoman of Coimbra, any of them. In part this is due to the wonderful site of the seat of

Colinbra, once the capital of Par- learning, for it sits enthroned upon

of

hilly, tugal, is rich 11 the topmost summit walled city.

marked Entries, which must be Too Late," should be sent to Com- petitions, "Nuneaton Courier." Tower sending in was April 6. Street, Nuneaton. The last day for

Another plan for Oxford

ROAD through Merton Field A will only destroy a small part of be could on a for larger scale the beauty of Oxford. Destruction achieved by broadening the High.

Buildings on either side could be pushed back, a bit being cut off here, instance, and a bit thero. as, for the facade of University College. Much could also be done by diverting Parks-road, where it meets the and Brond

and Holywell-street,

drive westwards to swinging it through Brasenose to the Cornmar- ket. This would do away with the Bodleian and the Radcliffe Camera,

Fred Karno's Army

WHETHER Fred Karno, discovered Chaplin or not is being I have always thought that debated.

is real fame rests on the fact that in the 1914-1918 war to end war (the French Infantry called it a petite soldiers ever avant-derniere") no

were Kitchener's song that they

Fred Karno's They were Army.

Army.

No Cabinet Minister met her

N. Pt. Whart Dock Provident S'hai Dock

LAND, ETC.

IIK Hotel 115 Land S'hal Land Humphreyn UTILITIES

Tram

Peak Tram

(old)

Electric

to

the

Mr Gammans asked, if this was an additional duly which bad been abolished and not the ordinary duty, would the, Minister say when that on and additional duty was put why?

Mr Creech Joses replied that he wanted notice of that question.- Ieuter.

N.Y. FOREIGN EXCHANGE

New York, July 13-Foreign currencies, In relation to the US. dollar. wers quoted at closing today at the followin Inte:

Argentino Feso, (Metal)

Argentine Peso (Unoficial)

Australia

Brazil

Belgium

Canada

Chille

233% 1500 u 2315 | England

3300814

Mexico

Peru Portugal

South Africa

500 U 234 | Sweden

C696 6389

Switzerland Uruguay

Venezuela

Shanghai (CNC$100,000)

Netherlands

Batavia

Singapore

France India

17 18

500 18

New Zealand

5.15 22

23 23

23

2415

500

241

9%

Telephone

INDUSTRIALS

Cement

49 10) 432

4335

Hongkong

100 N 4315

13 452

2000

Rope

1014

STORES, ETC.

Dalry (0) ....

84%%%

Watson (Old).

0214

Watson (New)

Co

200 g Bat

Lane Crawford COTTONS

56

1200 + 1015

46

Ewo

MISCELLANEOUS Entertainment

100 0215

200 ca 625

200 Bais

Cotton Market

Movements

US$0.2017

2039

323

0550

02-18/10

4.03

2003

United Press.

New York Stock Exchange

New York, July 14.-Dealings in Curtiss Wright Corporation's

com-

mon stock highlighted the trading today in a slightly higher clock otherwiso Trading was market, quie!.

Flock was suspended from trading through as on Indirect most of the session

"Curliss Wright's common

result of a dividend increase. directors *of the clared

:

two.. The announcement

$1

Company

The dc-

disbursements.

started

Rat

New York, July 14-Cotton futures avalanche of buying orders, which today moved higher in the final hour fooded the security market and

of trading as replacement buying under way following expiration of use caused suspension of the issue from

11-30 a.m.

until 1-30 p.m., when July 10, contract

for and lasted Early trading was centred on evening up operations in the last 1947/40 crop trading was resumed months, which went off the board with only six minutes, when it was again

suspended. During the Interim ittle trouble.

Prices close as follow:-

block of 80,000 Spat

hands at

October

n

shares changed 10-5/8 (up 1-1/2 points). The suspension Instad until the final goog when a 35,000 share block traded at $10-up 20 points on the

3.36 nominal day.

32.14 nominal

31.00

29.05 New Orleans today closed as follow: Spot

33.22 nominal July (off the board at noon.) August

34.02 nominal

September

33.22

32.AZ

November

December

She shook hands with the porters. and the other passengers, with Dr Vevers, the Zoo superintendent, and even with the reporters and Pressctober photographers.

(News item). in interesting monu-HAT word "even" is the clue. ments. Its cathedral dates from the 1 was not Miss Grable, but days when Colmbra to the west, To- chimpanzee frem the Gold Coast. while ledo in the centre and Saragossa to buildings. Its extensive

the cast, wero the Christian out- no particular ar- beautiful, are of

surround posts against the Intidel. chitectural interest. They a beautiful quadrangle, bright with At its southwest trees and shrubs, corner. is a shady te terrace, a favourite corner for, students.

March (1040)

May

Juls

July off the board at noon.)

October

32.30-41

32.25-21

December

It

March (1910)

a

May

July

October December

The new pest.

and

parapeta

The church Interior is plain, too,

the are

a half-hearted attempt to de- the FN Colmbra Cathedral blends ecclesiastical look with the atmos-fend the use of loudspeakers in

the streets at elections, a correspon phere of battle. It is brown, like a

blames the apathy of sun-tanned old warrior. Seated dent

electors squarely upon its platform, its walls electors. But if the Arc Bend Of River

pierced by loophole-like narrow apathetic it is because the candidates are incapable of making their antics From high above the city one windows, its roofs

should harmless and respec- on carth with soldiery, looks down upon its terraced streets seemingly awaiting only the call to seem real or important. And why table people, who are not interested to the great arms, to be manoed and ancient rooftops

the day when in the bellowing of platitudes, be are bend of the Mondego River as it the edifice recalls winds its way through an exquislie praying and fighting went "hand in forced to endure this annoyance? valley. The valley is set amidst soft hand. hills bright with wooded groves and forest glades, the hills rising, range but with magnificent carvings, the after range, until phantom-like, dark austerity relieved by blue-Uled they vanish in the misty horizon. chapels. But all is light and lovely But really they fade away into the out in the city, especially the ex-

botanical gardens,

where quisite mountains of the Estrella.

zone from the

1. 24. 2. From the leaves of the flowers, from every We wonder if the students at sub-temperate to the ultra troplent foxglove plant, 3. Back to back. 4. the Facile Ocean, off the coast both that cats Coimbra still wear the long black blaze on its broad: terraces. A beau In

Mondego of Chile. 5. One frock coat that buttons to the neck, tiful avenue skirts the topped by a wide cape-like cloak River, and ancient palaces and old animal and vegetable matter. 6. 12 over city gafes add to the attractiveness midnight, 4 a.m., 8 a.m., 12 noon, 4 that is draped picturesquely the arm or worn carelessly over the of this lovely old university town.p.m, and 8 p.m. shoulder.

We must cwait the, report of a

service to

friend in our Consular discover if things at Coimbra ure as changeless as we would hope them

are costume to be. But if there changes, we bet one thing still re-

carry

their. mains. The students books and papers in portfolios, from which hang knots of long ribbons denote the courses whose colours they are following each one, having its own hue,

ZBW RADIO

11.1.T.

0, Programme Summary; G.01, Children's Story: "The Magie Wishbone" by Charles Dickens (Studio): 630, Serenade to the Stara (BBCTS): 645, Tex Winters and 1/14 Tumbling Tumbleweeda (Studio); 7. "MA" with Tommy Handley (BUCTS): 7.33. La Dem-foure Francaise (Studio): B, World and fume News (London Relay) 8.13, Brillal: Concert Hall (BECTS)-auc Symphony Orchestra:: 0.15. Favourția Piano Solos; 9.30, The Dohemians Light Orchestra and Herbert Groh Tenor); 10, World and Flame News London Ro Tay): 10.16, Weather, Topert; 10.19. Cello 13. Solo: 10.30. Now Dance Tecards: Itadio News Real (London Relay); 11.15, Weather Report and Close down.

EDITORS PRESS SERVICE,

CHECK YOUR KNOWLEDGE Answers

"Any phone calls for me while I'm out, Madge, you can

have."

33.25 bld 33.14

31.00 bid

20.12

29.00

United PreJM,

Rubber Prices

Higher

futures

New York, July 14Rubber today closed Bve to 14 points higher on sales totalling 35 contracts. Prices closed as follow:- July Un cents per Jb.)

August

September

October

November

December January (1040)

February

March

April May

Juro

July

August

September

22.40 bid

22.47 nomina! $2.55 traded

22.15 nominal 35 nominal

22.40 nomical

22.38

21.30 bid"

22.27 nominal

22.25 22.20

22.15

21.10

22.07 L

-United PreKS,

VERK

This lose was the most active on tho of 140,000 big board, with a turnover shares.

coal

Trading sentiment also improved upon settlement of the "captive soft mine, dispute,

Halia were bolstered on the expectation of a rate increase. All sections took part In a zaid zine, with a few specialities up around a point.

Steel issues were Griner. Motors rose slightly.

Transactione tolalled

1,040,000 shares,

compared with 1200,000 shares on Tues- day. Of 1,000 Iskue traded, 403 were lower, 372 were higher, and 231 changed.

un-

of

100.60

64.125

Dow Jones averages at the close the session stood as follow:--

A triažu

20 Tailo

15 Utilities

40 bonds

33.00 100.12

United Press

Restrictions On

Stock Holdings

London, July 14,-Notices posted at the London Stock Exchange today outlined new restrictions on dealings in British securities by persona living outside the sterling area.

The Bank of England, it was on- nounced, will limit issuance of the licences required by non-residents to switch holdings from one security to another.

LONDON MARKET

Bank of England spokesman said London. July 14-Rubber futures today that securities have been divided

closed as follows:

September (in pennies per lb.)

October

December

November

January (1049) March

14-0/10 Into 13

14-1/10

on a

groups, and that ordinarily 14-1/16 switches will be

permitted only But licences for 14-1/16 within the groups.

a broader 13-3/4 witches will be issued

held 13-3/4 basis to persons who have

specific securities since May 1, 1947. Non-resilent security holders will still be able to transfer into British

United Press.

CHINA PRODUCE

QUOTATIONS

New York, July 14-China produce

was quoted In the New York market today at the following prices- Aniseed Oil. per lb. F.O.D.

Now York.

0.73/0.00

Cassia Oil, per lb. F.O.D.

New York.

2.00/3.50

Tung Oil, in tank cars,

F.Ö.B. New York per lb. 0.22 Sandalwood,

in drumul. depending on quantity & quality 13.00 nominal Agar agar, per ib. F.G.B.

New York Beryllum, tie to 12 per-

3.35/3.40

cent) per ton. ***................ 18.75/22.00

100 per Molybdenunt

cent per 1. ............................. 0.43

BRISTLES

Bristlen wens

quoted F.O.B.

Now

"

York per, lb, as follow+m

-HOSE

Hankow, regular

4.10-4.18 Inertia. Chungking regular assort-

............ 23:05 nominal ments. Shanghai

regular assort Tientsin, 20's shorts. Tientsin, 20's regular.

ments.

2.03 11.7q

0.74

Unlied Press.

Fovernment securities or stocks- Associated. Press,

Russian Wheat For

'

Indian Tea

New Dhell, July 14-India and Russia today signed a food agree ment under which India will re- ceive 50,000,000 tons of wheat in exchange for tea.

In

The wheat will be transported Russian ships and is expected. to arrive In India about the end of September-United Press.

Exchange Rates

Dualness was done in the toes) un- emelal exchange market this morning in the following rates:

Chine dellars (per CNS1 m.) Sterling notes (per C1) 11.8. dollars (per US$1) Calf bir per lael) Plastica frer 100) Slam 1ical (per 100) NEI guilders (per 100)

14.15

330.50

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.