1948-08-20 — Page 7

THE HONGKONG TELEGRAPH, FRIDAY, AUGUST 20, 1948.

FOR YOUR SPARE MOMENTS

SIDE GLANCES

By Galbraith

EXCLUSIVE 'TELEGRAPH' FEATURE

YOUR

POCKET CARTOON

BIRTHDAY.

....... By STELLA

by OSUERT LANCASTER

COPT, 1948 BY MEA SERVICE, INC. T, AL BEG 4. §. PAT, DET.

gulhwurth

"I must apologize! In the two weeks you've been visiting

us we've gotten so used to your being around that i forgot to call you for dinner!"

• MCKENNEY

ON BRIDGE

Unusual Bid Offers Interesting Play

BY WILLIAM E. McKENNEY

ANDS

HAN

played in home groups an leent bridge clubs if they are interesting have rome value. The fact that a player behf 13 spades does not make a good story because there is so little possibility of hold- ing such a hand.

Today's hand came from Harry D. Whitney, an optometrist of En- dicott, N. Y. The other three players were Robert Johnson, Ward Allen and Jay Nngle.

As Mr Whitney did not tell me where the respective players sat,

-made the unusual bid of six no trump. While it is an unusual bid,

I do not know which one of them

AAKJ5 YAK in

♦ AKQ

AK 10

South Pass

QUJ2

0543

754

N

5

W E

Dealer

442 VJG

3072

QJD32

10917 3

❤0754

♦ 10 G

80

Rubber-Neither vul.

West North

ON, T. Ров Opening-2

East Pass

even the expert will make some ruch bid occasionally with a handl like West held, feeling perhaps that that is the only way to gel an un- usual result.

North's opening lead of the deuce of hearts forced South's Jack and declarer won with the nce. West realised that if the spade suit broke two-two, ho could count 12 tricks. But if he played out the spade suit and it did not break, he would be in trouble.

Deciding to make the opponents

he cashed guess once more,

the klog of hearts, then led the hearts ten. Believe it or not, North re- fused to win the len with the queen. He too wanted to make de- clarer guess which suit to play.

Now there was nothing for West to do but to cash the ace and king of spades. When the queen drop- pet, he cashed the lack of spades. ied the five-spot over to dummy and

• discarded the ten of clubs dummy'a good spade, making seven- odd.

on

DUMBBELLS

REGISTERED Us!

SECOND CALL FOR DINNER! DINING CAR IN THE REAR!

GEE, MA DO WE

GAT AGAIN

Check Your

Knowledge

regular schedule of

1. What nation first established a ships Falling across the Atlantic?

2. The pistachio nut is native of what countries?

3. Whom does an apostolic nun. zło represent?

FRIDAY, AUGUST 20

BORN today, you have a 'many. You men are interentes

In all kinds of things and people You have considerable energy, and Sta happlest expression will probably be in felds of music and literature, particularly poetry. Having a deep love of Nature and its beauties, you will want to spend a great deal of your me outdoors,

You are not one to be happy in a confining or restricting desk job. Your first thought when it comes to selecting a carcer should be to find one that will give you sumelent opportunity for freedom of action.

Being a born diplomat, you are able to make friends with tic apparent effort and you attract people into your orbit who can be helpful to the success of your career. You are especially attractive to the opposite sex.

This personal mag- netism could be very helpful if you were to seek a stage career or one in polities.

in public Ko into politics an secondary Interest rather then as a major career. One exception might be if, from earliest for youth, you were trained diplomacy. The chances are, that in this case you would make an ex- cellent career diplomat.

You have a knack for making native shrewdness money. Your when it comes to morley matters makes it possibla for you to acquire wealth quite painlessly! You are the type to take full advantage, instantly, of good opportunity without making too many false steps. Marriage can bring great happiness or great dispale-be, careful when it comes to selecting à fe partner.

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

SATURDAY, AUGUST 21

LEO (July 24-Aug. 23)-Make sure of your facts before ncting. All that glters is not gold today, so especially cautious of new

be

ventures,

VIRGO (Aug. 24-8ept, 22)—Guard against health upset. Postpone any important decision if you are con fused in your thinking.

LIBRA (Sept. 23-Oct. 23)- Favourable at home or in the office but when afternoon comics be cautious in all your activities to guard against loss.

F

"Achmed, Achmed, where

is your pride! And in front of the Eskimos, too!"

BY THE

WAY

by Beachcomber

AQUARIUS (Jan. 21-Feb, 19)- Morning hours are the only hours

THE for progressive action. Get all your

correspondence course best licks in then. Rest this evening. of mechanical engineering PISCES (Feb. 20-Mar. 21)~~ | promised in this column must, A time to tred water and not lose of necessity; be very brief. ground already gained.

Lesson 1. is for sheet metal weld- against the pricks, out.

ing. Having procured the sheet metal and the welder, lako te ARIES (Mar. 22-Apr. 20)—Avold || latter in your right hand and weld any show of extravagance right now and conserve your assets.

carefully, at Arst. Definitely not a day for expansion.

Don't push

Patience wins

TAURUS (Apr. 21-May 27)-Busy time for those in the tourist and

the making is good!

Phthph

SCORPIO (Oct. 24-Nov, 22)-vacation-time trades. Make it while DEA Surely

Use your best judgment in all affairs todny for there are adverse ten- dencies which you need to combat.

SAGITTARIUS (Nov. 23-Dec. 22) -Don't force issues prematurely. Be patient and tactful and you will get over the hurdles more successfully.

CAPRICORN (Dec. 23-Jan. 20) Postpone plans for travel and all new business ventures until a better dny. Stick close to the homefront.

SCIENCE AT WORK:

TO

NEED

GEMINI (May 22-June 22) If connected with contrneting. building or engineering, then con- ditions are belter for you than for most.

CANCER (June 23-July 23) Bo satisfied with consolidating your gains of the past few days without attempting fresh expansion at this

Fime.

INTENSIFY WAR

ON VIRUS DISEASES

By PAUL F. ELLIS CCIENCE has done wonders in dis-

covering drugs

combat bacteria. Now it is time something was done to fight the virus.

to

So belleves Dr Alton Goldbloom, Professor of Pediatrics, MeGill Unt- versity, Montreal, who was one of the

the experts attending

first 4. Name the insect that ravages International Poliomyelitis Confer cotton crops.

ence in New York.

What are kitchen middens?

ก

Dr Goldbloom believes that world organisation to serve no clearing house for information lead O Name the first king of Greating to man's control of virus disease Britain.

(Answers on Column 4)

PROBLEM

CHESS

By P. H. HARRON

Black, 5 pieces.

Y.

€

•

White, 7 pieces.

White to play and mate in two Solution to - yesterday's

problem:

1. Q-K(7, 1... P—Q5; 2, Q- QRI; 1...P-R6; 2, Q-K5.

CROSSWORD PUZZLE

Across

lang 4. Usually closely associated

with thunder, 15, 2, 0),

I can give you a sore hip. (42) Bome would call it perudonym but a schoolboy would call it 10. The state of being kindle. thi

12. Doctored in a alang wAY. [D!

15. On the fair aldo, i

10 Sea 1 Down.

17. An aper of gentilly, (41)

18. Il grow the connecting link 1

early radio sets.

13).

IV. Possess alort credit

Koveroigu manner, 10)

20, Deformed inga.

Down

and 18 The Royal Navy, 16, 71

4. Right in the morass, (B)

3. Nels may be despatches

WAY.

4. dice 1 AcMA.

0.11n smail, liht boat, 40)

A

this

7. Part of the Ahab's wardrobe. 141

B. Supported above, the ground or

5. (7)

11. Nine grown blacks include him. 14. Form: lear. Foreign. (5)

Solution of Yesterday'a puzzio-Acroni ) and 4, Markel Gardenje; 7. Obfurinti 10. Bale; 33, Arm: 12. Nong! 13, Endow! 2415 Aberrant, ()" Zinco) up. Tantrumi standarde,

Mountaine 2. Amorbunt: 3 Transacti Pas | ACTORS: 5. Inmosti 6. Berardi Fanet D. Cirari 38. Kreand: 16 Blir 18,

should be established,

it is

הנן

EAR Sir.

merely familiarity that makes Plithph seem the wild a comical name, just as men of Bornco would laugh at Smith.

In fact, a man mouth full of meat and bread who tried to say Smith would make " sound not unlike Fhihph, which is

7

FOR THE BUSINESSMAN

New Zealand Pound Restored To Parity

Wellington, Aug. 19-New Zealand today restored her pound to parity with sterling-after an 18-year gap during which it stood 20 percent lower — în ca surprise move to cut the cost of living and ward off inflation.

The announcement, made by the Finance Minister, Mr

REACTION TO Walter Nash, at the end of his

NEW CHINA

CURRENCY

Washington, Aug 19. Ofciat quarters today expressed great in-

budget specchi in Parliament, CATTIC as a dramatic surprise, and New Zealand and 'Austrn- lian shares wero immediately marked up on the London Stock Exchange.

In Canberra, however, the Au- Iralian Prime Ministor, Mr Josephi

terest in the Chinese Government's D. Chifley, told Reuter that the of the Australien pound- decision to introduce a gold-based value

devalued 20 percent at the saine While some indicated they

currency.

the

hoped the plan would succeed because time as the New Zealand money in of the beneficial effects such success not be altered as a result of New great 1930 depression--would' would exert on the general Chinese Zealand's nation. situation, others adopted a "walt and ree" attitude.

CLOSEST SECRECY

Explaining the move, Me Nastr feld the House of Assembly that One high official source said it was there was a disequilibrium between at present difcult to determine the prices in New Zealand and those exact plans of the Chinese Govern- In other countries, particularly the ment concerning the currency re-dollar arcu. Corrective action was form. He added, however, that it necessary to check its growth, was possible the Chinese may

belfeve

"the income of our country is that if they make strong efforts to to be equitably shared, we must.. correct the present inßationary situa- | bring costs down, and action to do,

be immedinic," he said tion, they may receive United States so must

alt warm applause from Govern- support in the form of gold loans,

He said it was probable that the ment benches. plan as it now stands will exercise at least a temporary stabilising effect on the Chinese monetary situation.

an interview Inter. the and

tlils during

stable

perial before the gold stocks are depleted ance Minister declared that the the Chinese may make the strongest restoration of parity would, in the (long run, kenellt alt sections of the attempt to procure United States community.. It would mean a aid. He said they would then be cubstantial reduction in the cost of able to polat to the success of the Imported commodities and contribute programme while requesting funds consitierably to

reduction of to prevent another Inpsc.

farmers and manufacturers' costs na well as the general cost of living.

The closest secreey had been maintained, and Mr Nash read big statement in Parliament from a note

his own handwriting.

Editor Reuter's Financial

Υπ

BASIC CHANGES Oftelal sources said the success of the new currency unit in ever making an approach to stabilisation of the in fictionary price situation in China wilt require two basic changes-fimily, re- duction of government expenditures and, with his

wecondly, increase in governinent revenue. that Britain's major imports from They Bald unless those changes occur New Zealand were unlikely to cont any new currency unis would follow more as a result of the change the disastrous fuurze of earlier cur- rencies..

possibly how the name originated. My niece married a man called Gor- noway. So many jesta were made about the name ("where is your wife? Is she porn away?" and so on) that he changed it to Dribble, after an uncle. Yours truly,

Freda Cesspitz.

Not very edifying

NEVER read anything feebler than the prelence of the Friends of the Olympic Games that the carrying by relay runners of an actress instead of a torch is part of the artistic revival of the age.

On the contrary, it is the grossest pox, but once the disease is esinbish-

and crudest form of publicity. It is ed in the hutan body. It takes its neither artistic nor sporting. It is course unaffected by any treatment.

not even economically sound, as the Dr Goldbleem said there must be actress has to be fed all the tune, an intensive search by all branches and doctored if she is dropped and of medical and chemical science for bruised. And if one of the runners a substance that will stop virus in- falls in love with her, diverges from fections as the sulfa drugs and pent-the planned route, and settles down cillin stop bacterial disease.

will her in a remote coilage, whole thing collapses.

Without comment

One source sold the Chinese Gover ment has been hinting at United State: support · In a currency stabilisation BIO- gramme for some time. lie al no

wrote

Sun-

hese

Dominion's because nearly all the staple products, were sold to the United Kingdom under fixed;

Some tructs in sterling.

of these prices were raised recently.but are not affected by

appreciation.

not

the

parently the lden was for the United States to lend China gold or silver to beck its currency or to furnish silver Dividends declared in New Zealand for circulation. Ile wald, however, that

a number of United States officials took currency would, of course, now be a cautious view of the proposal. They worth more money to

to all non-New explained, that during the period when Zealand shareholders in companies borrowed gold and Bliver were

But when

red by the Chinese Government either domiciled in the Dominion

or to replace The is the first

ok raising to pay running expenses

any cur- poper currency, there would probably rency since the ill-fated appreciations be stabilisation.

borrowed by Canada and Sweden in the sum- In both cases their a stocks become no longer avaliable mer of 1940. and the government fails to correct its basic faults in the situation the Chinese foreign exchange reserves Government would again resort to me severely-Neuter. of inflated paper currency.-United Press.

HONGKONG SHARES

suffered

N.Y. FOREIGN EXCHANGE

New York, Aug. 10,-Today's foreign Yesterday's spurt of activity on

exchange closing rate were the Hongkong share market was Argentine Peso (Ometal) US$0.2017

Argentine Peso (Unoficial) the maintained this morning. Business

done totalled $-195,000. Detalls and Australia noon prices follow:

SHARES BUYERS SELLERS BALER GOVT, LOANS

Just to be a pal, he'll push a pea-

He further.. believes that world. scientists should develop an absolute diagnosis of poliomyelitis (Infantile paralysis).The technique must be simple and rapid, he said. Lack of a diagnosis now is preventing med!- | nut down the street with his nose. cal science from making a quicker approach to the elitis research," Dr Goldbloom said, "will help in the problem of whole problem of polia.

(Article about film actor.)

Take it from me

He pointed out that in the last de- cade has been one in which mankind

"Whatever we find in poliomyelitis Striped petrol fred and yellow) won final control of many bacterial research," Dr Goldbloom sald, "will will be issued in oficial egg-cups to diseases through chemotherapy, the help in the problem of all virus in-those whose holiday jaunt of 15%

stre fection. sulfa drugs. pentella und

You cannot successfully miles is partly business and partly tomycin.

separate poliomyelliis from other pleasure. viruses. The need is for more and rester research in the whole broad subject."

Such diseases as infantile paralysis, the common cold, influenza, small- pox, mesles and rabies are caused by viruses.

Many of them, Dr Goldbloom ppointed out, can be prevented by such means as vaccination for small-

is one of the The polio virus

never been seen smallest. It has even under the most powerful of

complicating microscopes. Further the problem is the fact that there | are many, many strains of the pollo virus. It is believed to be spherical

OUTWARD MAILS in shape.

Unless otherwise stated, registered articles and parcel posts close 30 minute carlier than the ordinary mall. If mall, clots before 10 .01, registered and parcels will close at 5 p.m. on previous day, Malls aro closed at Kowloon Central Post Office, half an hour earlier than the G.2.0. closing times.

Until further hoice Parcel Tot Service to the Province of Hopen, China, is suspended.

FRIDAY, AUGUST 20 Closing Times By Air Shanghai, Nanking, Hankow. Teingtao, Telping. Swatow, Amoy, Foochow and Taipeh, 330 p.m.

Clouing Times By Sea and Train

Bangkok (Ben) 3p.m.

Shanghal (sea) p.m.

Xacao and Tainahan (Sea) 4 pm. Teamkore (Bụa) 5 pm

Kongmoon vin Canton) (Train) 5 p.. Canton Parcela & 2nd class mau) (Sem)

8p.m.

SATURDAY, AUGUST 21 Closing Times By Air

Bangkok, Rangoon,

Calcutta, Karacis, Bahrein, Cairo (Nairobi, Johannesburg. and Marselites via Cairo) Home and London, Kowloon CPO) 4.30 p.m.;

(GPO) 5 p.m.

Shanghai, & a.m. (reg): 0.30 am. (ord. Manin, Honolulu, USA and Canada, 930

min. fregia 19 man, ford). Shanghai,

Nanking, tankow, Tsingtao,

Peiping. Chungking, Swatów, Amoy, and Taipeh, 3.50 p.m.

Saigon, and Paris, 3 pan.

Closing Times By Sea & Train Macao and Tainahan (Res) 7.30 am. Mauritius and South Africa vis Durban

(Bea) DAIN.

Dangkok (Bea) 10 am.

Japan (Ordinary loltem and cards anty} }

(ex) Noon.

Swalow Bea) 2 p.m.

Stralia, Eintavia, Sourabaya and Macassar

(Rea) p.m.

-Manila, Usa, Canada, Central_and_Bouth Amerien via San Francisco (No Parcels for. Canada) (Bea) 2 pm. USA, Canada, Central and South America Via SanFranciaco (No Parcels for Canada) (fea) 8 p.m. (par, rog & ord), MECEO and Tainshan (KRA) 4 pan. Kongmoon (Sea) §. p.m. Na Canlon (Parcels and End Clans Mail) (Béa)

CHECK YOUR KNOWLEDGE

Answers

(Unomeial announcement.)

ZBW RADIO

LK.T.

Children's Story: "In Majesty's Service" 6.00. Programme Summary: 0.01. y "See-Lion" Epizoda 2: "Benina Island" (BBCTS): 0.30. "One Night Stand" Pre- rented by Philip Durn. (Studio); 7.00. "See Ten" Talks on Sport" (Studio); 7.10, Jascha Heifetz (Violini) and the London Symphony Orchestra; 7.30, George Melachrine and His Orchestra (BBCTS); 8.00. World and IIome - Newá (London Relay 15, "Take Your Choice**: 9.00,

1. "Carmen" Act Bizet:

Principals, Chorus and Orchestra of La Scala Opern. Milan; 0.85, Interlude: 10.00, World" and the Pope nt political government Home News (London Relay); 10.15, Wen- capitals away from Rome. 4. The ther. Report: 10.10, Dance to Eric Win- boll-weevil. 8. Refuze mounds lett stone and His Orchestra with Julie Down communities of prehistoric and Denis Hale (Vocal) (DBCTS); 10.45, dwellers, 0. James I, as he was the Serial Story: Blue Bik" by Jonathan Sly (Studio); $1.00, Radio News Heel first ruler to be king of both Scot- London Helay): 11.15, Weather Teport land and England.

Land Close Down.

1. The United States of America.

2 Syria and Persla. 3. He represents

by

TA

ENDERSON:

DITONE PRESS BRĪVOS.

INSURANCES

Union

FIK Fire DOCKS, ETC.

Provident

N. Pt. Wharf.. LAND, ETC.

31

(1948) ...

$1000

ΠΑΝΚΟ

HIC Bank

2013

65 2020

165 21)

32 763

K. Wharf (0) Dock

153

20

3014

22

2090 @ $%

IIIC Ilotel

1517

10 2002 1524

5000 15

HK Land

S'hai Land

45

32 1500

45

Humphreys UTILITIES

Eectric....

40

301%

2121 21 1100 22

300 133 32 2216 400

18 # 22

1200 e 40% 400 402

Mincan Electric 24%%% Telephone (0) INDUSTRIALS

Cernen!

421

43

Tram... Star Ferry c.. Light (0) ..

STORES, ETC..

Dairy (0) .....

Xirozil

- Belgium.

Canada

Chile England

France India

Mexico

New Zealand Рег

Portugal

South Africa

Sweden

Switzerland

Uruguay

Shanghai (ENC$100,0001

Netherlands

Batavia

Venezuela

Singapore

New

here

today

2005 3.23

.0550

1223-31

.0335

4.00-15

2400

United Press.

1134 39

400 41 200 49 412

4124

DOD er 4215

Hongkong

POUND NOTE RATE

York, Aug.

10 The

British pound note was quoted in the unofficial market

as $2.00.-United

Pren.

PARIS FREE MARKET

Paris, Aut 10in the froe here today the US$30 gold plece was francs. noted at 20,400

The US$ note was quoted at 300 francs against the black market rate of 357 francs-United. Press,

200 42

200 $2%

47

+3

137 47

1004731⁄2

4715

Watson (Did 00% Watsun (New) 50

11%

Dairy New)

Rubber Prices

New

Break

market

CHINA PRODUCE

QUOTATIONS

New York, Aug. 19---China

produce

was quoted in the Now York market as follows:-

Anlied all, per 15, 1.0.3,

New York.......

New York

York, Aug. 10-Rubber Canola oil, per lb, FO3. prices today broke sharply in a thinAgar arar, per 15. FOD.

market. Sales of futures totalled

only 50 lots, including 12 switches.

Wall Street commission housES and dealers pressed persistently at the close of tra

treding.

The weakness in London and Singapore is disquieting, but there

Are

htnia that some settlement possible in the Berlin Imposso,

New York

Tung oli, In

FOD, New

It

Sandalwood,

In

depending

&quality

tto

tank caIN.

York, per

0.75/77

2.00/2.50

..... 02-4

drums, quantity

Beryllium (10 to 12 per-" -

15

cent) por ton Molybdenum,

cent) per ib,

..... 13.09 nominal

***** 20.00/24.00 (00 per

0.40

***

Some observers here are tearing that the steady decline may have Impatie the financial position of #sme Eastern holdere.

Factory iptetesi in stpota negligible, and dealers wore bidding low price for actuals, entinent was much centured and it is the opinion that the market may go lower tomorrow and then make a technical rally.

Prices closed 110 to 120 points lower,

follows%2

August. In cents per lb.). 20.30

September

20.10 bid

October

20.43 nominal

November

December

20,50

January (104)

20.40 nominal

*Febuary

20.43

20.40 nonal

20.35

L

March

Apell

May

Junio

August September October Spol

July

THE SATURDAY KRENUO POST

"Come on, boy!"

20.30

20.20

**

20.30

20.18

20.10

“United Prem.

BRISTLES

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

Hankow, regular assortments 4.10/4.15 Chungking, regular assortments 5.00 Shanghai, regular. Assortments 2.78 Tientsin, 20'a shorts

0.00 Tientsin

5% regular

11.00

United Press.

Exchange Rates

Business WAI

done in the local un- offcial exchange market this morning in the following rates:

Chinese dollars (per CN8i m.)

Sterling note (per

1}

U.S. dullars (per US$11

Gold bara (per Lael)

Pinstres (per 100)

84 ticals (per, 100) NEI guilders (per 100)

.

0.85

-$10,00

11.00

20.20 49.80