1948-07-16 — Page 7

THE HONGKONG TELEGRAPH, FRIDAY, JULY 16, 1948.

FOR YOUR SPARE MOMENTS

SIDE GLANCES

By Galbraith

COFR, ME BY HEA BERVICEČINO, T. B, REG, ĐỘN

6-4

"The little boys Muriel plays with are so rough-I wish there were nice little girls in our neighbourhood for her to mix with!"

• McKENNEY

ON BRIDGE

Early-Play

Larceny

Ekes Out a 3'N.T.

Hirsch

AAJZ ❤Q73

• 936

AAKJO

1573 KJD

N

VA 108.4

W E

z

◆72

053

Dealer

1 A 10 0 3

472

Fishbein

AKQ 100

❤ 35

• K004

104

Tournament-Neither vul.

South West North

East

Pass

Poss

1 N.T.

Pozs

3 N. T. Pass

Pass

Pass

30

Opening—♣ 0

BY WILLIAM E. McKENNEY

TRED HIRSCH,

playing

with Harry J. Fishbein in the East- cru States Tournament in New York had to use early-play lar- ceny to make today's hand.

East made the normal opening. lead of the nine of spades. If he and opened a heart it

been possible for East.

cash Ave

diamonds.

hearts But

king-jack-nkyded

contract is

The

dummy

20

DUMB-BELLS

FREGISTERED U.S. PATENT OFFICE

HER HOUSE

WHY HAS MANY DOESN'T STAINED GLASS) SHE

WINDOWS! CLEANİ

GAR

THEM

?

Your Check

Knowledge

1. Name the four King Henrys, of England around whom Shakespeare wrote plays.

2. In what city is there a famous square named Piazza San Pietro?

3. Locate Tarakun Island..

4. What is the plural of Madam?

5. Who is known as the "father of the modern short story?"

0. In military parlance what

salvo?

Answers on Columu 4

CHESS PROBLEM

BY ARTHUR A, PAUL Black, 9 pleces.

White, 8 pieces.

te to play and mate in two, Solution to yesterday's bblem:

K--R8, 1... Kt-B2 (ch): KK7; 1... Kt (Kts), an RXKI (c); 1. RXP; 2, -K4 (ch).

SWORD

20. Boo 14 Down.

22 and 23. Preposition. 143

24. Nock-wear. (d)

25. Wood in which the barrel of a

firearmi is fixed. (5)

25. Fundit (4)

Down

and 1 Romo's loner_tanag.), 'is.

2, 4)

2. Pastu (

B. However heated they wet ther

either sing or whistle, 19)

4. Outcome of a tea era. (81)

6. Bee 1 Actors.

This man is a scaronger. (4)

Plus two (3)

9. Orrat

Water movement

follows the apparent motion of the moon. (4-4)

14, 20 and 21. No douut preceded the request to Richard to open the door. (3-1-3)||

18. In antrasi bodies it, contains

morbid mallar. 14)

1. and D. Naked: madmen. (Aug.). 10. Larking without dah (31

7. Bort of pencate made with eggs.

10. They are easy to get into but]

hard to ret aud of. (4)

13. Bee 2 Across

Gelution of pasterday's puszio == Aerovej and 6, ilixsledy

·11. Burprisingly, they can be madal10. Annoy: pixaledy: 7, Eton, ait:

train resing (5)

31. Our of the strings of s ropa. (6)

13, it makes mo rolet, (5, 6)

10. As an adjectiva 150 absolute.

(4)

HATTE 91, Deaiby, 22, nee

4 Gnomer D. Digtian: 6, tee,

Wymphony:

17: Absent; (4) ------ 10 Ben 1⋅ Dowra, NSSTS) 30. Hari:

Treasure

ነይ

YOUR BIRTHDAY.

B

EXCLUSIVE TELE GRAPH' FEATURE

J

By STELLA

FRIDAY, JULY 16

PORN today, you have a strong, are able to influence people by the

magnetic personality which very force of your argument. thrusts you into the foreground of If you make use of this particular any group in which you live and talent, you might become a powerful attorney or even pro- work. You have tremendous energy cleric, and your vitality is effervescent, pagandist. Always make sure that Your will is strong and you usually you are on the right side before you

του get what you want when you want, begin!

have considerable It. If you don't,, things are apt to talent for the written as well as the hum until you do! Your emotions spoken word and you might use and you are usually your pen as your strongest weapon. are strong headlong "for" something or 14 You women, particularly, energetically "against" something rather stern disciplinarians and almı to be "head and mlatress" of your environment. In your own homes, you are supreme and while you are loving and considerate, you are not apt to show it as much as you might. You are not really as cold and detached as you try to make out you are so why try?

else.

more

ما

Your temperament. spiritual, even religious, than you make it out to be and sometimes your business nssociates' are surprised

to find that you live 's much by faith, when you appear have such a sharp, even shrewd, head for business! As a protagonist for some cause, you would probably work wonders by correlling cohorts to your point of view. You are very persunaive in your arguments and

CANCER

are

To find what the stars have in store for tomorrow, select your birthday star and. read tho corresponding paragraph. Let your birthday star be your dally guide. SATURDAY, JULY 17

(June - 23-July

23)-

A better day for business than for. love and romance. This day calls for practical measures, in all fields af endeavour.

LEO (July 24-Aug. 23)---Business plans Involving elderly persons may turn out unexpectedly well this day. Be ready to net now.

VIRGO (Aug. 24-Sept. 22) If you are making vacation plans then they should be very successful now. Plan a sea voyage if possible.

23)

LIBRA (Sept 23-Oct. Buying and selling in real estate is definitely on the up-grade right now. A good time to insure any profils,

SCORPIO

(Oct. 26-Nov.

22)-

CAPRICORN (Dec. 23-Jan. 20)———- Take full advantage of any minor business changes, for the changes are, they are definitely for the best.

AQUARIUS (Jan. 21-Feb. 19)-- Guard your health today and avold accidents due to an upset condition. Take things easy for a change.

POCKET CARTOON

by OSBERT LANCASTER

Really, Ursula, if you're koing to allow your love-life to

affect your political consciousness, the sooner you leave the Party and go buck to the Young Conservatives the better i"!

BY THE

WAY

by Beachcomber

THE best fun of the moment is to watch the financial

risces (Feb. 20-Mar. 21)- Prospects In both social and business affairs are good but avoid a careless experts proving to their own nccident by being on the alert.

dissatisfaction that the revenue 178. 20)-surplus of £648,631,284

(Mar. 22-Apr. ARIES

A long journey, begun today, should bd. does not mean what it prove successful. Educational plans for autumn may progress favourably, anya.

100.

do

with

One blossom of a boy concludes that the figures ore "largely phoney, TAURUS (Apr. 21-May 21) but may not be entirely phoney." If, Definitely a good time for a vacation All matters having to

by reason of reduced yield we sub- If you can take it. A journey by are especially favoured at this time.sents non-recurring items, such

chemistry and the allied selences tract the £710,484,010, which repre- water would be a happy idea.

receipts from surplus mis- Surplus GEMINI (May 22-June 22)-

cellaneous contributions,

shall Agricultural, and land projects arend that the surplus has become a successful right now, so it identified

deficit. But, O my companions with them, make good progress.

the Excess Profits Tax Refund Com- mlosion, whatever the figures mean, the result will be the same.

SAGITTARIUS (Nov. 23-Dec. 22)

more. -Elderly persons appear favoured than usual. Merchandis- Ing prospects are good, too.

A Charming City in Britanny

By TEMPLE MANNING THE word "quaint" is an over-

worked one we know, and its use is generally not justified when describing a place. But if there is one place that does do the adjective justice, and vice versa, that place is Quimper In Britanny, which is one of the quaintest and mast delightful and different regions in all the world. And it amazes us to constantly come across peoplḥ who know Paris and the South of France like a books, but who have never even thought of visiting Britanny. Well, it's their loss.

18

Quimper is a charming riverside city of fables and gables, set about ten miles from the sea, yet doing business

port. It has picturesque little harbour on the river Odet, o subject that hus -intrigued--- a-host-of--painters-and-

photographers.

The Cathedral

A woman of Britanny cleaning grain by an ancient method."

we

of

Is Foulenough in the house?

A

PAINSTAKING traveller seem- cd to have solved the problem of getting large quantities of cigarettes through the Customs. He it each cigarette of his thousand, out. took one puff, and stubbed It And the Customs could not charge him for used cigarette ends.

I think I know a man who has started on 30,000 Havana cigars. Ho has a staff of twenty to help him.

Without comment

The high light is a sort of black

with eisteddfod

Calypso-singing equivalent champions chanting the of minstrel tunes.

(News item).

Garden note

READ that the newest style of & bustle produced by an American built-in dressmaker will have a jardiniere for '"real flowers and ferns." Jardiniere enn mean, among The town is dominated' by its cathedral, one of the finest examples tiful they are when they wear the carl; and I hope this dressmaker is other things, a market-gardener's of true Cothie in Europe. The west characteristic headdress of the area using the word in that sense. If cach portal dates back to 1425. Between of Bigouden! It is a tall, conical colf bustle had a small cart concealed in the two malu towers is

an of lace atop a small bonnet.

ft, indies could carry about with them equestrian statue.

Near Pant l'Abbe is the Penmarch everything from a load of mangels Always beautiful, with its quaint Highthouse, one of the largest in the to a dozen cases of cabbage. II,

itself houses and old winding streets, work. Penmarch

Was a however, the dressmaker is only Quimper becomes even more charm- flourishing city and fishing port, but leaving space for a few hydrangeas ing on market doy when the the discovery of the Newfoundland in pots or a sheaf of bracken, I'm countrylalk in native costume bring Grand Banks and the disappearance sorry I've been troubled. their produce to the Main Square, of the codfish ruined the town in the Marginal note The whole thing takes on a sort of 16th century. musical comedy look. The different

Not far off is Concarneau, a fish-

colfs worn by the girls, the em- Ing village that has done much bet-HERE will be a sensation among

tho

to

the

Ministers on the day when they broidered jackets of the men, are

ter for itself than Penmarch. The are told by an "export" that if you enchantlug. And as they take up

centre of the sardine fishery in-want people to save money it is not positions behind their stalls, the dustry; Concarneau is a flourishing wise to keep on denouncing £15 girls zło their sewing, deftly place with a

very busy fishing capitalists those who saved in former applying needle to jackets, bodices, harbour. Here, too,

According native generations. aprons and caps.

costumes are not only unusual and boobles who now rule us, the people We found strolling the streets of unique but very picturesque. To see "reactionary drones, living in die- who save today will be tomorrow's Quimper, mingling with this simple, a "pardon" or a wedding fete in

ness on unearned wealth." I kindly, truly religious folk, as re- this part of Britanny is sheer yet to be explained why money pre- freshing as a drought of mountain delight.

viously saved out of carnings is now water. We can 'but hope that things

considered unearned.. are the same. and that Quimper, like other parts of Britanny, is an 'oasis in the desert of doubt and chaos that marks some parts of the world today,

1.

CHECK YOUR KNOWLEDGE Answor Henry IV, V, VI and VIII. 2. From Quimper it is a charming Rome, Italy. 3. Just off the north to Pont. Abbe, where the in- east coast of Borneo. 4. Mesdames, Simul. habitants differ markedly from the 5. Guy.de Maupassant, 6.

Aring other Bretons, and who are sup- taneous

of several posed to be descendants of a pre. usually at the same target Celtic people.

salute.

ride

are

The native costumes here magnificent, rich with laces and em- broideries. The women, are especial, ly Interesting, and very, very, al trnetive with their large dark eyes and deep black tresses And: beau-

ZBW RADIO

I.K.T.

6. Programme Summary: 1.81. Chikiren's Half Hour "Wind in the Watown" by Kenneth Genham Presented by Members of the F.. Stage Club (Studio): 6.30, "One Ngiht Stand" presented by Philip Hurn, Studio); T. "Sea Teo" Talku on Sport (Studio): 7.10. Emilio Salonga Saxophone Stocital with Plano accom paniment by Pete Valderrama (Studio); 75, Lacuq: "Mamzello Angot-Ballet.. Royal Opera House Grchestra; 7.40. Vocal Recital by John Seaton (Haritone) with Plano accompaniment by Donald Fraser (Studio): 0. World and Home Now

London Relay); 818, George Meisetirino And His Ore, with Jack Coaner to (BBCTS); 1.45, Planoforte Recital by Beano Mabelwitch: .10. Puccini: "Modamies Butterfly" Act 1, with Margaret Sheridan, at wher Members of the La Scala Opera, Millan: 19, World and 10.15, Home News (London Relay); Weather Report: 10.16, Minneapolis Bym- phony Orchestra: 1030, Dance to Ted Heath and His Orch, with Paul Care penter. (UBCTS); 11, Radio News Reel London Helsy); 11.15, Weather Report and Close down...

THE SATURDAY.

EVENING POST

Shop

guna,

or in

has

FOR

THE BUSINESSMAN

Joint Organisation To Develop Indonesia

Lake Success, July 15-Indonesia announced today the formation soon of an American-Indonesian corporation to aid the rehabilitation and develop- ment of the Republic's economy.

The announcement Bald chasing agent for the Republic.

The announcement was made by Mathew Fox, Vice-President of

Dr Soemitro, financial and trade Universal Pictures, would be a representative plenipotentiary of the partner in the organisation, Republic. He estimated the volume which will seek American in- of trade between the two countries dustrial, technical and financial might reach U.S.$200,000,000 a year. fie maid: "It is intended that co-operation.

purchases and sales will be mado The company will represent the through established channels of trade Republic in the sale of Indonesian in the United States, The corpor government-owned products in the tion's function In no way interfores United States, and will act as pure with the right of private Indonesian

HONGKONG

SHARES

mny

business interests to deal with pri- vate American interests directly, or if they so desire they

utilise the services of the corporallon

"Indonesia, after having been cut off from normal trade for six years, requires modernisation of transporta tlon, communications, power facili- ties and public works, as well as ex- of all kinds of and productive foods."-

The turnover during this morn- tensive quantities ing's session

Hongkong consumer

United Press. valued

Slock Exchange

the of

was

Details of transactions and noon

33 2050

$401,000..

prices follow:

SHARES

BUYERS SELLERS RALES

BANKS

1K Bank

2020

152040

INSURANCES

130

20 or 700

DOCKS, ETC.

132

30%

23 ma

Unlan

K. Wharf (0) K. Whart (N). Book Providtat

LAND, ETC. HK Land Shal Land UTILITIES

Tram

C. Light (0) ..

C. Light (N) .. Electric

01 #214 5.10

23 222

2311

50 155

500 31

100 7231

500 or 23.10

10002 1000 or 34

100 7 23 600 mA 23

230 or 24 500 24.20

N.Y. FOREIGN

EXCHANGE

New York, July 15.-Foreign currencies, in relation to the U.3. "dollar, werd queted at closing today at the following TATUS:

Argentine Peso (omejal)

Argentine Peso (Unofficial) Australia

Brazil Belgium Canada

Chile England

France India

US$0.2017 $2000 3.23

0360 .0221?!

.0211

0333

4.0312

J.0031%

3014

1500 @ 43

Mexico

2002

Telephone (0) INDUSTRIALS

Cement STORES, ETC. Watson (Old)

New Zealand

3.24

Pery

431

44

600 a 43

Portugal

04033

South Africa

01234

$3

100 03

2783

2540

5,700

2010

0230

Watson (New) 501%

Lane Crawford

MISCELLANEOUS

Entertainment

43

700 or 0255

200 681

New York Stock

Market Breaks

New York, July 15,-In the stock market today, slocks fell when President Truman formally called Congress Into special session on July 20. The break was the worst since February 10, and wiped out around $1,250,000,000 in market valuations.

It

was the most netive trading session since June 23, with 1,020,000 shares traded. A liquidation move.

Sweeten Switzerland Uruguay

Venezuela

Shanghai CN100,000).

Netherlands

Batayla Singapore Hongkong

חקוב

3735

4750

2400

United Prees.

PARIS FREE MARKET Parin, July 15-In tho free market here today the US$20 gold piece, was quoted at 21,700 · franes.

The US$1 nate was quoted at 300.40 franes against the black market rate of 363 franes.United Press.

ZURICH EXCHANGE

Zurich, July 18-The following rates (in Swiss frases) were quoted "in' the thofficial market here today:- Argentine Peso French Franc US Dollar Sterling

ment took place in the last hour of New

trading,

Wall Street experts attributed the sell-off to numerous unfavourable news developments. The

Russion refusal to lift the blockade in Berlin and the unrest in Italy con- tributed 10 the depression in the

street,

Tic

MILD STRENGTH

market displayed some

0,50 1.04

3.04

11.20

United Press.

Synthetic Rubber

New York, July 15-The United States Rubber Company reports that it is making a new synthetic rubber at unprecedented low tem- mperatures, and the product has

Manufacturing Rocks, but this did not superior wearing qualities.

rocks were, the most

synthetic Is made at zero backward. Steel issues were hard hit,, degrees Fahrenheit. The company and United States Steel lost 24. Youngs said it shows promise of being bet- town Sheet and Tube dropped 2, and Bethelehern Steel was down 1. Among ter than synthetic made at 14 de- Automotives, Chrysler and General Mg-| grees, and increases tyre tredd tors each'inst more than a point.

wear 30 percent Of 1.003 issues traded, 783 were tower, natural rubber treads-Associated over the bent higher and 141 unchanged. Dow Jones averages at the cluse of Press. the session stood as follows:—

130

30 industrials

20 Rails

15 Ulies

40 Bonds

United Press.

107.70

63.15 35.67 100.03

Indian Sterling

Balances &

London, July 15.-The following aro the highlights of the agreement between Britain and India on India's sterling balance signed In London on July 8 and published today:

16404

In view of the current level of the balance

in India's No. 1 Account, no further

to No. transfers from No. 2 1 Account

ant will take place in the 12 months ending July 30,

Maximum transfers from No. 2 to No. 1 bringing each of the two ensuing years wil the lake place, but no transfers are to take place unless the balance on the No. 1 Account at the end of any. month is less than £60,000,000,

India's net drawings of hard cur-

Tirlitontaine!

He objected to crowds steaming wet umbrellas into body of the church.

(News item).

If you don't agree with him. Chorus: Then you've never amelt the tangle of the aisles,

KDITORA PREKE servicjóð

"Gentlemen,oung Smedley had finally isolated the cold virus it's in his nose!".

1 Account of £40,000,000 in

| rencies from the central reserve in the 12 months ending June 30, 1940 will not exceed the equivalent of £16,000,000.

the

Hard currency drawings in 'ensuing two years will be negotiated later.

India will pay £100,000,000 for

NEW YORK FUTURES New York, July 18-Hubber futurea today closed unchanged to 20 palate higher on sales totalling a contracts,

An almo91: non-existent. Interest in futures continued to, ban factor in a full market, according to traders. Haber London cables gave the market what Interest it had,

Prices closed as follow-

July in cente, per b.) 22.40 asked August

22.43 nominal: September

22.50 bid

October November

December January (2045)

April

February March

May

June

Jaily August

September Spot

1

22.52 nominal

22.55 traded

27.02 nominal

22.32

23.40 traded

22.47 nomtal

22.45

П

22,40

22.37

41

24.00

United Press,

futures

LONDON MARKET

July 10-Rubber, September. fin pennies per h 160

today closed as follow

October

November December

January (1640) March

United Press,

Copra's Future Uncertain

Washington.

July 15.Well-

the defence stores and fixed assets informed trade and government taken over by the Government of sources told the United Press today India (before puriition) on

April that shifts in America's bac.of

1, 1047.

This payment will be a certain fats and; olls lead: to the full and final settlement for the conclusion that the Philippines 50me

and

In Umo

the future may face dificulties in keeping ith large, U.B.

governments of both Indu Pakistan.

The sterling pension obligations market for copra

•

of the Dominion of India wit be They expressed the opinion that capitalised at £147,605,125, and the world, fats, and oils shortage: la those of the provinces of India at serious, and that as long as the £20,510,341

United States follows the polley-of

ond Britain will help India to obtain olding Europe

other wate Imports,

including non-ferrous devastated areas with dollars metals, cottons and plywood-Reu- purchase essential commodities, the ler.

copra market should be good. Put they

Exchange Rates

to

poluted out that one of the

most significant developments in the

Ling-term senso was the growing

E

Business was done in the locat unus in the United States of synthetic official exchange market this morning

the following rates:

Chinose dollars (per 'CNJI m.) Sterling notes (per £1) UA, dollara (per U831) Gold bars (per US$1) Plastres for' 100).

Blam tents (per 100)

| NEI guilders (per 100)

in

16.30

detergents a substitutes for sonp.

One source here suggested that the 150 synthetic rubber industry is one new 8.45 (onsumer of coconut oli, but added 330.00 that consumption in this case is not Jurge enough to make up for the 48.35 probable lost lis soap,--Unlied Press,

20.50