1948-07-22 — Page 7

11.

THE HONGKONG TELEGRAPH, THURSDAY, JULY 22, 1948.

FOR YOUR SPARE MOMENTS

SIDE GLANCES

By Galbraith

EXCLUSIVE TELEGRAPH FEATURE

YOUR BIRTHDAY..

By STELLA

COPA, 1948 BY MEA BERVICE, INS T. M. REG, U. %. PAT, OFT.

"She wants a regular sitter's fee for staying with her brother-she says he gives her twice as much trouble as any of the neighbours' children!"

LESSON HAND

McKENNEY ON BRIDGE

So Many Theories Confuse Beginner

A542

*K!

DUMBBELLS

REGISTERED UL

WHAT WERE YOU DOING

IN THE INTERIM?

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BY

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Dealer

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West

North

East

Pats

14

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3 N. T. Pass

Lesson Hand-Both vul.

PATENT OFFICE

I WAS NOT IN

THE INTERIM

1 STAYED OUTSIDE!

Check YoRE Knowledge

BOR

THURSDAY, JULY 22

ORN today, you have a calmness aj yourself least expect It-although. and strength in your character deep, inside you may have been which in not always easily dis- planning for this success for a long, cernible at first glance. You appear, long time. often, to be moody and changeable but actually this is because you are; highly sensitive to your environment and to the people around you. It others are depressed, you appear to

be

the Bame way. Actually, However, you are undisturbed under neath the surface and discover basic motivations, and act cooly upon them.

you

accomplishments

others

and fear

consider

you

You women, especially, are very emotional and show your feelings openly. You are often led by your affections when it would be better for you to use a little more rare- ful thought about your 'attachments. Marriage for those born today, must be between those who are Intel- lectually compatible or also there wil be considerable unhappincas abrad. Beauty personality

answer,

and a magnetic are not the entire

eyo

on

Franic and

sincere in your attitudes, you often find it dimcult to tell others of your future plans,

It is likely that something of since

dream

great of

that exceptional good fortune will come are to you during the latter part of the "putting on the dog." Consequently November--keep an you do your planning quietly, go twenty-seventh of the month...come

year! about accomplishing your plans and when they Bre completed, often your closest friends are surprised and astonished at what you have done. Fame may come very sud- denly to you, when others as well

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

FRIDAY, JULY 23

CANCER (June 23-July 23)- Guard against mishap when making final business agreements today, Otherwise, all should be favourable.

LEO (July 24-Aug. 23)-Com- plete what you began yesterday. Push your programme through to a successful completion. Romance is also in the airl

VIRGO (Aug.

22)-- 24-Sept. Handle affairs involving your elders with tact and diplomacy but push win your point business matters; now.

23)- (Sept. LIBRA

23-Oct Opportunity may como knocking at your door. Make sure you recognise it and take full advantage of all potentials.

24-Nov. 22)--. SCORPIO (Oct. Increased emphasis now on romance. Business, however, must not be neglected.

Vacation merchandising is favoured.

BAGITTARIUS (Nov. 23-Dec. 22) Business may take a back seat and romance be in the foreground. Keep an eye on the former; enjoy the latter!

| SCIENCE AT WORK:

CAPRICORN (Dec. 23-Jan. 20)

and pleasure Combining businens may be easier than you think today. Have fun, but keep your eyes open.

AQUARIUS (Jan. 21-Feb. 19) Avold all arguments. But if they decur solve them tactfully and the road toward success 1s practically nssured.

(Feb.

22-Mar.

TABLOW

·who's

"Easy to TOG going to be boss in that Jamily."

BY THE

WAY

by Beachcomber

SUET, ESQ., explained

FOR THE BUSINESSMAN BRITAIN PASSES EXPORT TARGET

London, July 21.-Mr Harold Wilson, President of the Board of Trade, today, announced that Britain had passed its mid-year export target of 40 percent in volume over prewar and advanced a "considerable way" towards the year-end target of 150 percent.

ICE HOUSE

STREET RECOVERS

The recovery on the London and New York stock markets yesterday was reflected on the Hongkong Stock Exchange this morning, when more

Business enquiries were evident. done totalled $304,000 in value.

Detalls of transactions and noon prices follow:--

BUYERS SELLERS SALES

30 1000

SHARES

BANKS

HK Dank.....

1073

0 2000

East Asia......

136

743 103

INSURANCES

Union

Underwriters..

Kre.. 200

SHIPPING

Waterboal

C.why Stafford shopkeepers DOCKS, ETC.

Provident ........

HK Hotel FIIC Land

were sent a circular and a ques-LAND, ETC. [tionnaire and a covering letter

in the Welsh language.

are no

Suet sald. "When these things are sent out in English nobody bothers to read them or fill them in, so it 21) was thought that if they were in PISCES Get good results by continuing what Welsh curiosity would be stimulated you began yesterday. Make sure and inquiries made. But if nobody

above-board. Get does anything about it, we everything is results.

worse off than we were before." ARIES (Mar. 22-Apr. 20)-

are and transportation Business favoured. Air travel may solve a and further a problem for you business dent.

TAURUS

Suct is at present very busy on a

plan for pulling down the entire centre of Oxford and rebuilding it further north, so as to provide (Apr. 21-May 21)-space for a gigantic car park and Powerful business influences are service station between Magdalen smiling in your direction. Take full Bridge and the Carfax, advantage of them while you can,

*X-

GEMINI (May 22-Jude 22)-A nice point Continue yesterday's business pansion and the results should be highly favourable, if you work things right.

Gooseboote: I suggest that you, Vagwire. deliberately used these nais to tack down the felt.

Snapdriver: Perhaps my learned friend will explain how he would UN- lack down nails with felt

RADIOACTIVE PAPER FOR deliberately.

TALKING CHEQUES

By MICHAEL O'NEILL, JR.

1. Name the chief immigration government, revealed recently 4

BY WILLIAM E. McKENNEY

THE

HE beginner at contract some-

times becomes confused by theories. He learns about the "hold- up" play, and thinks that he must time he plays a employ it every

no trump contract.

In today's hand it is necessary to give up any thought of a holdup play. Declarer must win the first trick in his own hand with the ace to retain the of hearts in order king of hearts as an entry to dummy.

The next problem is, should de- clarer try to win all six diamond tricks, that is, cash the king of dinmonds and then lead over to dummy's king of hearts?

Ho should not. His first obliga- tion to his partner is to make the contract,

bo and

must protect against one of the opponents hold- Ing four diamonds to the jack. He should lead the king of diamonds, overtake in dummy with the ace, cash the queen of diamonds and then lead the ten, forcing the jack out. In case of a four-two split ho has saved the contract, as he is

five diamonds, assured of

two hearts and the two black aces.

He may make an extra trick by getting West endplayed, but that secondary. The main thing is,

in

In order to assure making the con- tract, declarer must give up the holdup play and must surrender the chance of making all six diamond tricks.

-

station in the United

America.

States

Gooseboote: It my learned friend means felt with nallaan

.

Cocklecarrot: Nalls and felt Felt and nails! Can't we ret on with this?

Humphreys

Tran

Star Terry ...

C. Light (0) ..

Electric

22

87141

He said July exports totalled 38 percent above those of 1988.

Taking the day by day. exports, Mr Wilson said, the 40 percent target has been passed.

Wilson told a press conference that Britain became the biggest car ex- porting country in the world in April, when 23,334 vehicles were sent abroad.

Shipments to the United States fumped in six months from 185 to 8,300.

Ho sald 76 percent of Britain's motor cars and 62.3 percent of com- mercial vehicles werd being exported. He reported a growing market for British

western motor-cycles in United States.

Overall, he mid, Britain was paying the for one-third imports from United States with exports compared

the War

with one sixth before

United Press.

were

N.Y. FOREIGN

:

EXCHANGE

New York, July, 21.--Foreign currencies

U, S, dollar relation to the quoted at the close today as follows:-- Argentine Peto, (oficial) Argentine Peso (Unofficial)

Australia

Belgium Canada

England

France

B'hai Land

3.15

22

UTILITIES

1000 € 22

in

130

23 23% 116323

2000 # 234

434 4416

2000 € 44

Brazil

(0)

41

42 -42%

Chile 3

81

50

004 0215

a 5015

India Mexico

01

0415

Telephone INDUSTRIALS

Cement Hope.

Dalry (0) .... Watson (Old)

Watson (New) 56% Lane Crawford MISCELLANEOUS

Entertainment

感想

Cautious Note

On Wall St.

New Zealand Peru

Portugal

South Atries Sweden Switzerland Uruguay Venezuela

Shanghai (CNC$100,000) Netherlands

Batavia

Singapore

Hongkung

US$0.2077

0475 3.23

0000

0228-9

4.00-14

3024

.4740

2600

United Press.

POUND NOTE RATE

New York, July 31--The British pound

New York, July 21-Trading to- day turned quiet on the Stock Ex-te in the unofficial market hers today

was quoted at US$2.06 United Pres change as investors awaited Presi

message to the dent Truman's special session of Congress on

Monday.

Changes on the big board were lightly higher earlier in the session. under the leadership of steel.

Talk that the President will ask for some sort of price control re- duced

interest considerably. The

Rubber Highest

In

20 Years

Londen, July 21--Today rubber

continued tense Berlin situation also futures reached their highest point Feld. down, the volume of business, in 20 years, and prices closed as

September. (in pennies per lb.)

However, a few favourable cor- follow: poration announcements

bolstered

October

some specialties.

November

December

January (1040)

Railroad issues displayed strength carlier in the day, but as trading Snapdriver! It turns on whether progressed most of the profits were the nails were licensed or unlicensed,wiped out.

Sicels wore strong throughout m'lud.

most of the session, with U.S. Steel Belihlehem Steel moved

AN

of

the

meaning

of

N inventor, who used to do Shop." or give some code name en- cheque is authen- legal counterfeiting for the suring that the

tic.

Smith formerly served as a special In the U.S. Treasury's that he has developed a cheque assistant

Cocklecarrot: And how do you tell up 3/41. that will talk when it has been Bureau of Printing and Engraving.

unlicensed up a minor fraction. with the licensed nail from an was It was while he Burgess Smith, research-worker-Treasury that he gained fame as a one?

legal counterfeiter. To prove--- a of Rochester, N.Y., cald cheques of point he once made a perfect coun- the future may be printed an radio- terfeit $10 note overnight, active paper.

2. What is the colour of goldfish forged. in the wild.state?..

3. What im "Sahara??

4. How any Union Republics are there in the Soviet Union?

When the cheque is passed through

a special machine, he said it will

5. Name the third largest city of Identify itself verbally. If it has been tampered with, it will screech. the old world,

For example, Smith said, the

will say

Meat cheque

"Smith's

6. Locate Bermuda.

(Answers on Column 5)

CHESS PROBLEM

By E. HALLGUEN Black 1 pieces

White, 7 pleces, White to plau and mate in three, Solution to yesterday's problem:

1. R-DS, any; %, R, Kt. or P mates.

CROSSWORD

Acrom

1 and 7. Boit of talk lovers enjoy?]|

9. Even this") may (dóms dye-hard

10. Besides. 131

Frish of

18. Ben 11 Down. 19. Bee 18 Down.

20. His' mathod of joining up l

usually hested, 10]

------Chow

1. He was known as the "Father of

History,” (9)

-2. Where you may, dnɑ a shy sir

Now reclining. (4, 5)

8. A sole sty can become tuus neart.

troublo. (8).

14. Gram that is allied to whist, (3)

rounds goes the

acting, (?)

aight

พ

6. The burden and where_12

-piscos ? (4); 7. Ben 3 Acrons. 6. The fabulous narrative of my

toratra (4

11 am 18. Where two's company, 14-

19 and 19. Whare 'you máy, ́esally".

find tank parta, (4, 6))

10. A.D 1. (4)

Bolution of natards;'à purula,--Aurese: 100 NISEDACHES AN meptarinud: 31. Yake; 15

Dawu: ECTADM 147 flugdredar da, segí

116. Liebalini. Deway 1 and 1

1 35. Notwit 18. Prankly, (6) standing, Senter 3. Cutisini 5., any!. Bing round this when wardly 6. Losten: 8, filot: Aðar 10. Docell:

approaching 30. (4)

Litus

ZBW RADIO

H.K.T.

6. Programme Summary: 0.01, Children's Story: Tammy Troat's Highland Games by Lavinia Derwent (ABCTS); 6,15, Al-

3

Smith sald cheque forging is

business.in the $400,000,000-a-year United States.

"It's nip and tuck to keep up with them," he said.

Amateurs are the biggest problem, according to Smith. The profes- sionals work in gangs and can be traced, he said.

Million Ways

There are a million ways to forge bert Sandler and his Orch, John cheques, he said. One method is to Melugh (Tenor): 0.40, "Off The Shelf" trace the signature in pencil, bleach 7.ima with

Handley the cheque, and write in any amount Tommy (BBCTS): 7.30, La Demi-Heure

Home Wanted. (Studio); B. World and calfe News (London Telay): 0.15.

Symphony Concert Hall--BBC

Malcolm conducted by Sir

Fren-

British Orch.

type of paper.

Another is to cut out the amount skilfully Sargent of money mentioned and (BBCTS): 0.15 Commentary on the Test insert a higher amount on the same Match (London Relay): 9.30, A Play: "Darby and Joan" A Melodrama specially written for broadcasting by Nigel Lyn ton. Produced for the X. Stage Club by Nigel Lynien (studio); 10. World and

(London Relay): NOWE

Home

10.15

Gooseboote: "M'lud, my learned friend knows they were unlicensed.

So was the felt, Vagwire: Snapdriver: The felt doesn't come into it.

Cooklecarrot: Into what? Wasn't It nailed down?

Motor and Oil issues were firm. Transactions totalled 1,200,000 shares."

March

14-3/4

54-7/30

14T/15

14-7/10

14-1/0

14-7/8

-United Press.

futures

NEW YORK MARKET New York, July 21-Rubber today closed 10 points higher with only one sais reported.

Prices closed as follow:- July in cents per lb.) Augent September

October

12.00.asked

33.50 nominal.

23.70 bld

22.13 nominal

22.75

December

27.80

January (13)

22.07

22.17

60.25 March

$2.75 asked

23.12 nominat

Dow Jones averages at the close November of the session stood on follows:-

184.44 February 30 Industrials

April 35.10 May 09.63 June

20 Ralls

is Villities

40 Bonds

-United Press.

Gooseboote: Mlud, it was the NEW YORK METAL

nails.

Cocklecarrot: What was? Without the felt the nails wouldn't be any use.

Snapdriver

Mud, (angrily): there were both.

Cochlecarot: Then what on earth are we arguing about?

he

CHECK YOUR KNOWLEDGE

Answers

Most forgers change names, said, "although raising a cheque is

Weather Report: 10.18, Et. Georges sin. the easiest thing in the world."

gers; 10.00, Dance to Freddy Martin iti Orchestra: 11, Radio News Reel (London Relay): 11.18. Weather Report and Close Down.

OUTWARD MAILS

THURSDAY, JULY 22- Cloring Times By Alt Lluchow, Kunming, Shanghal, Nanking, Hankow, Taingiao, Pelsing, Swatow Amoy, Tainan and Hollow, 230 pm. Balgon and Paris, & p.m. Bangkok, Singapore, Batavia, Colombo,

Sydney and Auckland, 8 p.m. Jepan (Ordinary letters and cards only)

pa

Closing Times By Sea & Train

|Haiphong (618). 3 pan.

MABUK (663) 5. p.m.

bacao and Twinshan (Sea) 4 p.m. Konmoon (Tia Canton) (Train)3 p.m. Canton (Parcals de 2nd class mail) (Koa)

6 pm

FRIDAY, JULY KI Closing Times By Air,

:

Canton, (Kowloons CPO) 7.30

a.m., 10 am 12.30 pm. 3'p.m. (OPO) 7 a.m., 9.30a.m., Noom, 30 p.m. Shanghai, 9 am, (reg); 0.30 am, (ord); Shanghai, Nanking, Hankow, Tingiao, Paiping, Amoy, Foochow, Swalow and Tainan. 330 pm.

Closing Times By Son & Train Macao and Tetrishan (B««) 0 am. Tankang (594) Noon.

Macao and Tsinshan (Bea) 1 pin. Macassar and Bourabaya (Bax) 1 p.in. Canton (ENU ÇİMAM rusil unly) (zrain}

3 pm

Shanghai (8àn) 2 pm.

Straite, Ceylon, India, Fast and South Africa, Egypt and Marseilles (Bea) 3

p.

Manila and Parents only for Canada via

Vancouver, BCL (8+3)-9 pm. Macao and Tanahan (les) 4 p.m. Kongmoon (via Canton) (Train), 8: p.m. Canton (Parcela de And class mall) (Don)

B.

For the average cheque Smith had this advice:

writer,

Write in a big, husky hand; write

1. Eills Island, New York, 2. They

Q generally greenish-brown ro

Colourful goldfish Dro J. produced by careful breeding. Ink, Wilderness (Arabic). 4. Sixteen. $.

0. It in in Paris, France. Atlantic

in the amount at the extreme left colour. in the rest of the open space; and All use a high grade, permanent and write legibly.

"That way you can beat some of the amateur forgers who can really clean up on poorly written cheques," he said United Press.

| EDITORE PRESS SERVICE,

LIBERTY O

the

MARKET

New

12.63

New York. July 21-The following prices were quoted in the New York mvtal market loday: Copper (Electrolytic, Ex-

F.A.S. P) per lb. ................... 2115 centa (US) ZINC (Prina Western,

New York) per ib. Manganese (Electrolytic, 99.9 percent Manganese, delivered cast of Min suppi River) per 1b. 32.00 Iron Ore (814 percont áron, delivered lower Dort Laks Superior) per long ton

July August September

22.70 asked

22.67 nominal

24,02

22.00

-United Press.

Cotton Futures

At Ständstill

Now York, July 21.-Cotton futures were today again virtual standstill as traders

☐ 20

con-

tinued to keep on the sidelines or go into only very short lerm com- mitments.

Some light mill buying and short covering lent support during the day,

0.35 dollars (US) but a last minute durry of light

SCRAP PRICES

Prices cuated in the scrap melate markot here today were as follow:- Copper, F.O.D, per ton,

• (Eight? **** Lead F.0.3. per ton

(heavy soti)

Steel 1.0.0. per ton

No I heavy melting)

Hat

were

profit-taking resulted in the closing one to three points lower,

At the day's highs, prices up only six to 10 points and at lows ranged from three higher to two 15.50/10.00 lower. 34.3

US$15.00/18.23

United Press,

Priods closed as follows:- Spat August

September

October

Ocean, about opposite SUGAR FUTURES ember North Carolina, 677 miles southeast of New York City.

ROY WILLIAMS

“Go out and get me a middle C.“

ily

HIGHER

March (1040)

Hey ! July

October

$4.25 naminat

23.49

32.70

33.09

với combat

31.96 nominal

3137 nominal

29.4

33.10 22.05

$1.04 bid

Ді

*New *York, | July 21-World sugar New Orleans prices closed as follow- futures today closed one to three points | Spot higher on Alex totalling contract. October The market was quiet clored four to March (1949).

Domestic sugar futures

54_contracta.

five peinta higher on sales totalling

Pricom closed as follow:-

Contract No, 4, (World)

September fin cents per lb.). 414 nominat March (1949)

May

September

July

Spot

Contract No. 3 (Domestic)

Juje:

September

Dotember

March (1940)

May

July

September

Spot

5.20 nominal

+

32

4.95 traded

4.03 traded

United Press.

Exchange Rates

Biwinem was done in the focal un

oficial exchange market this morning den

the following tales:

Chinese dollars (per CNBI #0))"

Sterling note (per 21)

US dollar (për-UB81)

Gold bars (per taci)

Plastres (per 100) Blom ticuls (per 100): NEIuilders (per 100)

1450

3.30

December

MAY

July

October

December

-United Press.

U.S. Exports Of

Iron & Steel

Washington, July 21 The U. S. Department of Commerce, today Btates United announced the licensed exports of 850,209 short tone of iron and steel during the second

It quarter of 1048. Bald foreign governments or their purchasing licences had received covering 11 percent of the

.missions

tommage. Thezo

licences

total

werd

granted to the following governments or mission:-

Argentina 61 short ton

tons; China

708; Finland 50; Franco

55,163;

French Africa 164: French Indo- 334.00 Cilna 500; India 3,441; Italy 6,012; 11Moxico 214; Palestine 150; United 0Kingdom 22,472; other countries 200,