1948-07-20 — Page 7

THE HONGKONG TELEGRAPH,

TUESDAY, JULY 20, 1948.

FOR YOUR SPARE MOMENTS

SIDE GLANCES

By Galbraith

COPR, 1948 BY KIA KERVICE, DIG, T, M. BEC, U. 1, PAT, DEP.

"His parents are going to send him to military school because he is so wild-ho does hang around thò drugstore an awful lot!"

• MCKENNEY

ON BRIDGE

Discusses a Jump From Two to Six

AK

KQ

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Dealer

3432 W072

10: 4J075

AQ87

A90

1 da

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ABB Tournament--E-W vul.

Soulb Weat North EasĚ Pais 2. Pass 2❤ Pass GN.T. Fass

Opening-AJ

BY WILLIAM E. McKENNEY

team-of-four event THE mixed

DUMB-BELLS

REGISTEREDUS

¡VE BEEN WAITING IN THIS

DINING CAR HALF AN HOUR FOR MY DINNER!

PATENT OFFICE

YES, SUH THE TRAIN

IS

TWO HOURS LATE

Check Your Knowledge

1, Locate Wake Island.

2. Name the Danish king who sat on the English throne during the

of the Eastern States regional championships had two winners.middle ages. The team of Mrs Augusta Cantor, Fred Hirsch, Mrs Gertrude Jobes and Herman Goldberg, all of New York City, won the trophy,

Bro

to

Mrs Cantor and Mrs Jobes sisters. It was particularly satis- fying to Hirsch and Goldberg win because only a short time be- fore they were leading in the finals of the Vanderbilt Cup tournament, only to lose

on the lost 14

boards.

In the tcam

out

Enstern

mixed had

States defenders contest the

22 matches out of 28 at the end of the first session, a record 80 per But the new champions cent game. come back in the second session to win 21 matches against the defen- ders' 15.

on

Today's hand was selected from the mixed team; event,, It is one which the bidding varied a

Most of South players great deal. opened with one club. At some tables North responded with only one diamond. However, I believe that North's correct response is two diamonds even though he does not hove first-round control in two He knows his partier must sults. have three aces to open.

might Some players

consider North's Jump to six no trump a plunge in the dark, others would say he misses a chance to get to seven. However, with his Jump to two diamonds and then to six no trump I am sure that . South held four aces he would take the con- tract to seven.

I

East could not be criticised for not opening the ace of spades. The natural opening was the spade Jack. Declarer then spread the hand, for

seven.

3. What is the "draft" of a boat?

4. Name the author of the "Vicar of Wakefield."

5. What is metabolism?

6. Name the Hawaiian Islands.

capital

of

Answers on Column 5

CHESS PROBLEM

.

By G. GUIDELLI

Black, 12 pieces,

While, 10 pieces.

EXCLUSIVE TELEGRAPH' FEATURE

YOUR BIRTHDAY.

TUESDAY, JULY 20'

STELLA

BORN tailny, you have a food on are entitled by your natural mind, but one which is opt to talents. It is the use you make of the become too much involved with gifts which the stars have given you trivialities. You often pul as much which will determine your position thought and energy into some minor in life. You can have no one but Incident as you would put into a yourself to blame If you are not major project. Be more selective in successful, Will to be what, you where you put your energies and want to be and you can!. Make the most of each opportunity, no matter the results will be more gratifying how slight, to make an advances in and far-reaching

your life earser.

You have a pleading personalliy which draws others to you but once of you have collected a hoard friends, often your chief interest dessip! Curb this tendency, especial ly you of the feminine sex, for the same energy spent in other things could do a great deal of root, are bookish and are fond of reading Cultivate a taste for fine literature.

There is a certain lack of fnffla tive in your nature which must be combated if you are to reach the heights of accomplishment to which

You must learn to overcome a romewhat timid nature in the pre- sence of the opposite sex for you are affectionato by nature and will be happleat if you find just the right marriage mate rather early in tre. Some born under Sagittarius

Carrion will probably be the most congenini, p

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

JULY 21

WEDNESDAY, I

-

*** You've got one of them new pancake hati Bow. guv'nor."

BY THE

WAY by Beachcomber

CANCER (June 23-July 23)-I look for that silver lining. It's on Its the way. you've been needing to sec dentist, today might be a good time! -

CAPRICORN (Dec. 23-Jan. 20) --- Do some

that you have while matters appear to be improv job now been postponing.

ing on the business front, personal

still con-E case was held up for a affairs are

Twhile today and domestic

when it was fused.

21-Feb. 19) discovered that the lady on the AQUARIUS ' (Jan.

Impatience: jury had the improbable name Curb, restlessness and keep your head. It is still not of Ginger Beere.. good day, sa bide your time.

LEO (July 24-Aug. 23)—Adverse conditions are sill hovering over on your guari, your orbit, so be especially of health threats.

VIRGO (Aug. 24-Sept. 22)---Guard your resources, both physical and mental. Hold off on decisive action, Wait for a better day.

LIBRA (Sept 23-0ot. 23) --A alight improvement over yesterday but still exert caution in important matters. Personal matters are much

belter.

PISCES (Feb. 20-Mar. 21)—A slight improvement is indicated but clon't go overboard just yet! Tact and initiative muit`go hand in hand.

are

03

"Ono

Cocklecarrot said firmly, can't come here în à clowning spirit. Is this a genuine name, or some Alm name?" The lady said it was her real name.

ARIES (Mar. 22-Apr. 20)-First

"Mest add,' commented the judge. things come first; those things which "One wonders why you don't change Bound and it." "I have changed it," replied the recognised practical. Don't over-expand.

Indy, "My former name, that of my "Not much to TAURUS (Apr. 21-May 21)-father, was Bread." "Who asked carrot

choose?" to you Don't talk too much about future choose between the two," said Cockle the best possible results now.

there," said Cocklecarrot soothingly, GEMINI (May 22-June 22)-Im-as the lady began to snuffie, There was some whispering, and then the SAGITTARIUS (Nov. 23-Dec. 22)pulsive action can only bring more

caso was resumed. -Force an optimistic attitude even trouble. Think before you speak or if it hurts! Don't force things, but act on anything vitally important.

scorpið (Del 24-Nov. 22)-

in improvement Apparent

your affairs as the day progresses. This time, the early bird is not always the smart onel

SCIENCE AT WORK:

FOR THE BUSINESSMAN

WALL STREET:

BERLIN IMPASSE BREAKS MARKET

New York, July 19. In the stock market today values dropped two thousand million dollars on all listed sliares as Wall Street' sensed the, threat of war in the Bérlin impasse. From the opening gong until a few minutes be fore the close, selling proceeded at a pace not witnessed since May 13. Near the end of the session moderate short covering brought a small recovery.

Losses ranged from two to 12 points, with Olls and Rails the Today's decline was the third in succession, and brought the losses in the whole market to more than four thou- gand

Hongkong Share hardest hit. Market's Very Quiet Morning

The Hongkong Block Exchange experienced this morning its quietest session for several months. 'Only 915 shares changed hands, with an aggregate value of $42,375. The wariness on the market seems to be a reflection of the uncasiness being felt both in London and New York over the Berlin situation.

ЯНАПЕВ BUYERS BELLERS BALES INSURANCES

Canton

Union

IK Fire DOCKS, ETC.

N. Pi Wharf Dock

Provident

LAND ETC.

fik Hotel HK Land UTILITIES

Trant

C. Light (0)

Electric

Telephone (0) INDUSTRIALS.

Cement

_fex-div)

Hope STORES, ETC.

Dairy (New)

30711 760 765

200

2214 2316

1560

million dollars. The general averago made a nów low since May 7. I was the widest break into the general averago for 21 months.

Sam E. Smith, partner in the Stock Exchange house of-Bache

Company, said: "This is a war

of the market",

Luciene Hooper, analyst for E. W. Hutton and Co., said that the news factor in the market is "the fear that. the Berlin impasse will lead to war",

Aircraft stocks held .firm in con- trast to the loaser in Steels, Coppers, 155 Chemicals, Motors, and Mercantiles. Douglas Aircraft gained 1/4th and Curtiss Wright gained 1/8th.

Sales for the day totalled 2,880,000 shares.

Dow Jones averages at the close of

the session stood as follows:-

30 Industrials

161.20

22 0232

100

20 Nails

59.40

300. @ 22%

24

18 Utilities

90.77

United Press.

400 63

41

44

5114

Watson (New). 55% 501 100 50

plans, Stick to current routine for replied the lady with ppirit. TN.Y. FOREIGN

TINY HELICOPTER BOON

TO AERIAL STUDIES

PUFFALO, N. Y.-Military

and

ел-

commercial interests soon may benefit from a miniature electrically powered and controlled helicopter.

Developed by two aviation gineers, the small craft is known as the Skyhook. It is designed to carry payloads up to ten pounds at all tudes ranging from 500 to 1,000 feet through the use of its 04-inch diameter rotors.

ZBW RADIO

UL.K.T.

Erle

Explaining the usages of the tiny developed with the helicopter he aid of John E. Duncan, W. Hewitt bayley sald:

of

#

"In winds of 30 miles an hour or Skyhook takes the place less, the

bc 500-foot mask. It can

in carried in a suitcase to be used the field for low-level meteorologica! soundings by weather bureaus and the serological services of the arm- ed forces.

A cry of distress

Mr Gooseboole: I put it to you- Vagwire: Eh?

Mr Gooseboote: Please do not in- terrupt. I put it to you that there was no need to nail this fellt down on the root.

EXCHANGE

Jap Textiles

For NEI

Washington, July 10. The Economic Co-operation Administra- tion today disclosed that ECA pur-- chases of Japanese cotton textiles will be shipped to the Netherlands East Indies. A Netherlands mission is here at present negotiating with cover the loan to the ECA for nt

cotton shipments. It i expected that an agreement will be reached within a few weeks.

A

Dutch

New York, July 19-Foreign currencies in relation with the U.S. dollar close of market today were as follows: Argentine Peso (QRcial) US$0.2077 Argentine Peso (Unofficial) Austraila

Brazit -Belgium

Gunada

Chile England France

spokesman said no 0220-0/0 figures have been agreed upon, but

3074

3.23

.0550

.1218

.9335

4.03-1/4

0033-7/8

India Mexico

2017

New Zealand

*3.24-1/4

Peru

0100

would

Portugal

souht Afric

4.00-1/2

2703

Switzerland

2547

$300

3010

.0310

3113

3703

.ATIO

2480

Vagwire: What about windy days?

Gooseboote: Big stones have held it down.

Varwire: The roof sloped. They would have fallen off."

Gooseboote! You could have tied them on.

Vagwire: On what?

Cocklecarrot: Where does this get us? We know that a spy-er--that is, a member of the Agricultural Observation Corps, lay out all day and watched through his binoculars to see what the nails were being used

---------------- (A loud cry from the lady juryman)

Mr Snapdriver: M'lud-

Cocklecarrot: Who shouted?

Lady Juryman: M'lud! Somebody

radar "It also can be used for target-work, microwave shadow{for.

ir important probing antenna 50 television

portable development,

scanning transmitter antenna, es a platform for radar and for graphic survey work."

photo-

6, Programme Summary: 0.01, Winstone and is Dand: 6.30. De Groot the And in Orchestra: 0.53, Pote Valderrama

nt the Plano (Studio); 7.15. "The Toc H Guild Church. The account of the Laying pounds, A kit including the minia-stroked my hand. of the Foundation Stone by fer Majesty ture aircraft, cable, winch,

White to play and mate in two. Solution to yesterday's problem:

1. Q-86. 1. Q: 2. K:-Q3

EXRG K¤n; 2, - QXD (ch); 1... B-117 and others; 2, PXK1,

CROSSWORD

Acron

14. A jetter from

watchful (B)

Albert DACOMOR

10. A brokan alat. (4)

17 and 10. A covaring given to exe

tremes. (0-3)

19. Trivial with chicken. 14).

10. Taken from tumbukia 10%.

20,

--- 21. Kenaire. (4)

22. Contour. (5). 33. Oare for (4).

Down

A set of instrumenta. (9)

Cravat 1-8)

A wandering voyage.

(6)

4. Albert often becomes very at-

(9)

tachod

19

b. Sear

21

·B. Bleeping rod. (8).

and 5. azed andƐnorat, 47,18,85

u. Fest go:gay.İ. (4)

10. Edward is twice the size. (3)

15. Wild mate, ng the contrary, 16)

ta. Do 17 Across

to. It's in short supply those days,

(9)

pusslo-Aeronna

And

Bolution of TELLER Drop Lo

Desperado;" 4.

Migratory it will make a port and Follant D. 422) 11. Oite: 15. all ૨૦.

Orale: 16" TIM;" 10. Been; faad: 200. Arlareri 91, 8.A. Daw A singulai tux "ed) -

rated group of engineers, taaence: Ante: 8.

0, Ania; Bre

light-alver

Ens mon putai thila vasara 'on, njih. "Kn05: 117, Orango: El. Treadt: 15.

The helicopter itself welghs 15

spare

The Queen (London Reloy): 7.30. Stage parts and carrying case totals about struggle for mastery

and

Favourites presented by 50 pounds. and Screen Alleen Woods. (Studio): 8. World Home News London Relay); 8.10, "fuch Binding in, the Marsh" (BECTS); 8.45. Songs from Foreign Lands sung by Jaisje Haagedoorn (Btudio): 0, Summer

Os+

World and Home 10,

Power Source

the Skyhook is con- Altitude of

Cocklecarrot: Envy and anger

in my-er- pray continue, Mr Gooseboate.

Marginal note..

GALLANT attempt was made the

cheatrul Concert: The Great Master trolled by the amount of power fed other day to defend the users News (London Relays: 10.15, Weather into the electric molor which spite of the vile Civil Service and 'Govern-

1tchard Strausa;

Dower Trio in the rotor blades, while the Report: 16.16, Albert Sandler KOMB old Favourites: 19.30, Dance to source Une itself serves as an on- Harry Parry and Ils Sextet & Mantovani Walk-Orch, 11, Radio News Reel (London tenna, the company reparted. It is Relay); 11.18, Weather Report and Close azimuth control which automatical

held in

in one position by means of an ly compensates for fluctuating wind

down

ment jargon. It was suggested that

long, involved sentences and queer tant blows aimed at the public. The phrases are used to denden the cons- truth, bluntly stated, would be too Intensities.

The helicopter has been in the terrifying. This won't do. Nobody in the made happler by seeing his food development process of

OUTWARD MAILS laboratory for nearly a year. Nine called nutrition intake or himself re-

TUESDAY, JULY 20

Closing Times By Air'

Shanghai 9 am. (ref); 930 on Swalow Amoy Tainan Foochow Shanghai Nanking Hankow, Taingiau Peiping, Holhow 330 pm.

Closing Times By Sen & Train Salgon & Bangkok (Sea) 3. p.m. Macao & Tainahan (sea) 4 pm. Kongmoon (via Canton) (Train). 8 pm. Canton (Parcels &fid Class A) (Sea) 5 p.m.

WEDNESDAY, JULY 21 Closing Timan By Air Canton (Kowloon C.P.0) 730 am. 10 am, 17.30 pm, 3 pm: 1GPO). 7. am. 10.30 am. Noon, 2.30pm,

Shanghal-0,2m, (reg): 9.30 am. (ord). Manila P.L. Honolulu. USA & Canada 2.30 am. (reg); 10 am. (urd).

Shanghal, Nanking, Hankow, Tsingtao Peiping Amoy Swatow & Taman 3.30 p.m..

Bangkok Rangoon, Calcutta, Karachi, Bahrein, Cairo (Nairobi, Johannesburg & Marseilles vis (Cairo) Augusta de London (Kowloon C.P,0.) 4.30 p.m.; (G.P.0,) 8 p.m.

Japan (Ord. Letters & Cards only)

1

5 pm

:।

Closing Times By Sea & Train

Macio & Tsinahar - (Bea) 8 a.m.

:Amay (fea) 10 ani.

"Kaamkone (Sea) 10.a.

Stralia, Fangoon & Calcutta (Bea) 10

Macro & Tainshan (Bes) 1. p.m. Elatavia, Bourabaya &' Macasser (Ben) 1 p.m.

Cantoniind Class Mail only) -(Train) 2 px..

Formosa via Keelung & Shanghai (Swa)

7 p.m.

Macau, & Twinshan (Ben) 4 nm. Kongmoon (via Canton) (Train) 8pm. Canion (Parcels & and Clam (Mali) (Bea) 5 pm.

11.0.A.C. Delayed

The BOAC pleno from United Kingdom, due on Monday, July 19, Is. now expected

to arrive on Tuesday, July 20, 1940,

different versions have been turned ferred to as a unit of personel.

out.

The research engineers planned an extensive demonstration of the Skyhook for potential military and commercial users and have acquired larger, manufacturing facilities for their

Invention since making, suc- cessful tests.

CHECK YOUR KNOWLEDGE

Answers

Sweden

Uruguay

Venezuela

Shanghai (CNC$100,000)

Netherlands

Batavia

Bingapore

Hongkong

-United Press. POUND NOTE RATE New York, July 19-The British pound note was quoted in the unofficial market hero today at US$222,-United Press.

PARIS FREE MARKET Parla July 18-In the free market here today the US$20 gold piece was quoted

at 21,000 francs.

The US$1 note was quoted at 300.80 franca against-the-black market-rate-of 302 francs.United Press.

CHINA PRODUCE

QUOTATIONS

New York, July 19-China produce was quoted today in the New York market

follow

Aniseed Oil, per b. F.O.D.

New York ..... Canals Oil, per ib. F.O.B. New York ............

Tung Oil in to

tank сага F.Ö.D. New York, per Ib. Bandalwood, in drums, de- pending on quantity & quallly

Agar Aflar, per ib. F.O.B.

New York Beryllium, (10 to 12 per-

cent) por fon.......... Molybdenum 100 percent)

per le form

BRISTLES

0.73/0.90

American sources expect the loan.

to amount to about US$28,000,000.

ECA sources disclosed in addition

that

the

expected purchasa of

Cotton textiles will be

to colonial areas of other Netherlands

European powned the

Japan furnished

with about 70 percent of lis. cotton during prowar years, and the Roods Netherlands has already made an agreement with SCAP to furnish US$50,000,000

of warth

cotton goods, yarn And some glass and

china ware.

this Half of

is to be paid for by a barter deal, under which the Dutch will supply tin and rubber. The rest in pay- able in dollars, most of which will be presumably supplied from the ECA loan-Unlled Press.

Rubber Futures

Stronger

New York, July 19-Rubber diffuture today closed 39 15 57 higher on the strength of higher cables from the-pr- mary markets, Sales totaled 3 con-

Y tracis.

Prices closed as follow:- July in cents per, lb.).. 23,00 bid

1357 fominat August

22.05.5ld

22.37 nominal 21.07

January (1040)

23.30 traded

21.96 nomina!

23.12

22.88 traded

September

2.00/220

October

November

0.22

December

February

13.09 nominat

March

April

3.38/2.40"

May

June

20.00/21.00

0.43

July

August

September

Spot

Beistles. F.O.B. New York, per lb. as follow:

Hankow, regular asport.

ments

22.35 nominat

22.83

J

1+

22.70

22.76

13.13

2411

LONDON MARKET London, July 10-Nubber futures, to- day closed as follow:

September (in pennies per lb.).

November

December

4.10-4.15

Chungking regular assorte

Delober

2.85 nominal

6.20 0.74

March..

United Press.

ments

ments

Shanghai regular

Tientsin, 20'a shorta Tientsin, 20's regular

January (1040)"

1415

-United Press.

N.Y. METALS

MARKETS 2 COTTON MARKET

The research concern says it is 1. In the Pacific Ocean midway

automatic between planning to develop an

Guam and Hawall. pilat for full-scale rotor-winged Canute. 3. The depth to which it craft, with the principles utilised in sinks in water. 4. Oliver Gold- the controls of the Skyhook serving amith, 5. Chemical reactions in as a basis.

6. Honolulu.- living organisma.

EDITORE PREKO SKAVICE,

CLAUDE

1

ting new

equipped with folding bed."

UNEASY

New York, Jy 10-Ericss dia- played by cotton futures in recent sessions WAN accelerated today by anxiety, over the tense foreign situation and the market. dipped as much *

US$1,13-a bale, However lost minute buying off-set the carlier declines and at 'the close the list ruled three points lower to 14 higher,"

New Orleans, prices today closed an follow:

Spot

October

December

March (1849) = May

July

Cctober

December

33.25 37.34-18

32.03.bid

IN

20.34.

AD

United Press.

Philipine Copra

Price Declines

New York, July, 10-Declines of US$7.50, to US$10 per ton · In the -price of Philippino. copra were ro-

price

New York, July 10-The following prices were quoted in the New York instala market today: 2 Copper (Electrolytic, Export, TAS **New York)`per lb. .............. 213–225, eta, Zinc (Prime Western, New York)" par

Ib.

12.03 cl.. - Manganese (Electrolytic, 00.9 percent

Manganese, delivered cast of "Mimis+- sippi River), per, Ibiza, 39.00 tús, Iron Ore (03 percent Iron, delivered low port Lake Superior), peston

Antimony (American 091⁄2” percent) in.

bulk

.carload "Tote, 7.0.0. Texas

0.33 dra Tio, Grado" "A" (99,8,5 percent” for (higher): Tungsten,- powdered, (98-99: Porcent) 3.00

dri,

(Chinese-ore Wolgamite

Containing Tungsten Teloxidej“ duty“ þáld” 7.0.3. *New York, par short tan 6.20-0.28 dra. "Prizes for scrap were, un: followy:— Copper F.O.. per tan

13.50/10,00

(light) TV/UA$15.00/£5.25 Lead Fon per ton

theavy soften Steel F.O.3; per Jan: (Mo) The

heavy metung)

Falled

Exchange Rates

Tamires was done in the local un

ported here over the week-end, Theofolal exchange market this morning in

has folien approximately the following rates:

Chinese dollars (per CNIL and) vai US$30 a ton so far this mouth.

Sterling notes (per 1) .*** Pacifle" Const crushers, purchased | 118, Collars (per USA1) limited quantities for July/August Gok barn (per fasl) shipment at US$242.50 and US1240 am cala (per 1001

Plastres (per 100) per short ton, C. I. F.-United Press. NEI gulders (per 100)

za

14,40

334.30

11.45

13.04

10.00%