THE HONGKONG - TELEGRAPH, MONDAY, AUGUST 23, 1948.
FOR
+
YOUR SPARE MOMENTS
SIDE GLANCES
By Galbraith
POCKET CARTOON
by OSBERT LANCASTER
By STELLA
Balha
HÊ, 19ÌÚ BY BIA EZRVICE, INC. T, M. ÞÉR. U. B PAT ÖTP,
"Instead of an elf chasing a rainbow, is it okay if I try to imagine this piece is me chasing a fly ball in centre field?"
• MCKENNEY DUMB-BELLS
ON BRIDGE
'Suicide Squeeze' Makes 3 N.T. Bid
'BY WILLIAM E. McKENNEY
HE Midwest regional champion-
ships tournament, which
THE
WIK
held recently in Cincinnati, O., was one of the largest and nicest tourna ments I have ever attended.
Back in 1933 the national cham
Cincipali, plonships were held in
For a number of years afterwards, It did not rank among the top fournament elties, but today It is an outstanding centre.
Charles A. Hail, que of Chicua- nali's fine players, was one of the Midwest made the workers who
tournament success. He gave ne
In
today's hand, It involves one of the
difcull inast
strategies bridge, the "suicide squeeze."
East overlook his partner's open- ing lead with the king of hearts and Hall (South) let it hold. East re turned the four of hearts und 1:1 won with the sce. le cuni cont only eight tricks.
LET'S SIT
ON THE TOP DECK
OF THE Bus, PA!
PATENT OFFICE
NOT ME THERE BÉ NO DRIVER
FOR THE
TOP!
Check Your Knowledge
of
EXCLUSIVE 'TELEGRAPH" FEATURE
YOUR BIRTHDAY
BORN
MONDAY, AUGUST 23
you.
De brod-mindert enough to give each individual an opportunity to have his own opinions.
þORN on the cusp of the outgoing sign, Leo, you will tend to in herit some of the charreteriales of the Incoming rign, Virgo,
they
Concentration on one job ut a #iving you a sort of dunt nature time is very important to your which you must learn to recognise ultimate success. You have talents You crave power and money-he along several lines and may, Intier because it can bring you the youth, be puzzled as to which one former. But in addition, there is should be developed. Parents an idealistic trend which very few children born on this day can be very, except your most Intimate assbclates helpful.
will know to exlat.
Once you have learned to curb your emotions and control your im pulses, you will have reached point where you may expect make exceptional progress. However, in learning this lesson, do not go to far in the opposite direction al become too aloof ond even haughty. Learn to take a certain amount of criticism in good grace, for by that you may learn. Don'í hold a grudge against those who don't agree with
in
of
and
You women are fond of society take pleasure In beautiful clothes and jewellery. You make devated loving and
wives and mothers, and will see to it that your home is always immaculate na well as beautiful.
To find what the stars have in store for tomorrow, select your birthday star and read the corres- ponding paragraph. Let your birth- day star be your daily guide.
TUESDAY, AUGUST 24
VIRGO (Aug. 24-Sept. 22)—Scel: your ambition today and with per-
initiative Sonal
you
follow through in yesterday's contacts.
LIBRA
FISCES (Feb. 20-Mar. 21)-Green Behls are on again. Recognition, previously withheld, now may be given in full. Accept it.
ARIES (Sept. 23-O¢L 23}—Op- portunities now return, so take full Advantage of them, Social aspects also improve. Combine both.
FRISS
SCORPIO (Oct. 24-Nov, 22)-Am- billos
pay dividends
Even suggested changes are likely to be an improvement over old conditions.
SAGITTARIUS (Nov. 23-Dec. 22) -Excellent outlook. The benefits før outweigh the disadvantages today so make progress, even if slowly.
CAPRICORN (Dec. 23-Jau. 20)----
Hold everything until mid-morning. After that, be progressive in your affitude, and positive in your netions,
AQUARIUS (Jan. 21-Feb, 19)— Employees are especially favoured. If you wat romething specifle, ask for 11, Chances are good.
AROUND THE WORLD:
(Mar. 22-Apr. 20)-Be cautious in the selection of your com- onions today, both social and busi Hess. Guard against inlsrepresenta. tion.
TAURUS (Apr. 21-May 21)- Mining Interests are favoured, espe elally those connecteil with some re- crat real-estate deal,
GEMINI (May 22-June 22)-De- falle business activity can bring in- expected Kalns right now. Take advantage of the step-up in speed.
CANCER (June 23-July 23)--A quick turn for the better. Now, do all those things you have been plan- ning to start. Begin them today.
LEO (July 24-Aug. 23)-Business leals highly stimulated. If you know exactly where you are going. experience bring make
You <447 DARZEN
Historic Ruins of Olympia.
By TEMPLE MANNING
CORRESPONDENT wonders
followers of This department woul be interested in a descriptio
And of Olympia. Why, of course! Fil only Olympin, Dui every sec tion of Greece. so Alled with the Jungle of antiquity and history, is a į constant source of interest and de-
1. What was the professioni Stel T. B. Morse, who invented. It is Indeed unfortunate that telegraphy?
2. Name the three principal nr- changels, honoured by both Chris- tians and Jews.
3. What is pastoral poetry?
the troubler times precludes visi1- to this magle land,
The ruins of Olympia lie in a beautiful pine wood in the Valley of the Alpheus, glorious ruin indeed and a most graphic one, including as
4. What fruit as dried to make thei
does the remains of temples, baths and oltar as well as the ruins of an immense gymnasium where the athletes trained for the most
5. With what sport is the name of
4th Marquis of Queensberry famous of all contests. A magle assoriated?
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• J 1003
Dealer
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Hall 4A84 *A73
• K842
AAKS
Tournament---Both vul.
South West North East INT. FRAS 2 N. T. Pass '3 N. T. Pass Pass Pass
Opening-V Q
If the clubs or diamonds broke three-three, he was all right, hat Hall decided that the
to make
easiest way
To Rive
the contract was the opponents a chance to make a
nistake.
He led the seven of hearts, West won and Easi discarded the deuce of spades, West immediately cach- ed the other two good hearts and East discarded the eight of spades, then the ten of clubs.
Next West
a spade, shifted to Hall won
with the RCC. On the last two hearts he had discarded the four and deuce of clubs from dummy, and his four of spades and Eve of clubs.
After winning the space net, Hall cashed the ace and king of chils, and East was hopelessly squeezed. He could follow with the jack of clubs, but then if he let go diamond, it would set up the needed
0
off the coasts of Newfoundlaud?
(Auswers on Page 4)
the
The ruins of Olympia.
"By Jove i Another few days of this and there'll be an official drought and by the end of the week KETI be an act of sabotage to use a refrigerator.”
BY THE
WAY
FOR THE - BUSINESSMAN
LONDON STOCKS:
WEEKLY MARKET
REVIEW
London, Aug. 21.-City quarters today urged the acceptance by stockholders of the new proposals of allocation of Montvideo Central-Uruguay Rail- way. They cautioned that further delay may result in less favourable terms or even the collapse of the entire sale agreement.
BURMA RICE
SUPPLIES
AFFECTED
The new plan is described as an improvement proposals.
over earlier Under the new schemo the proposed redemp tion value of second debenture stock is increased from 85 to 80 percent.
to the
The surplus net assets after pro- viding for first and second deben- ture holders will be applied for the Washington, Aug. 21. Arturo benefit of second debenture holders Tanco, General Manager of the and not as previously suggested for Philippine National Rice and Corn further compensation of the ordinary Corporation, toil the Unhed Press stockholters. Compensation that the Philippines' chances of get director for loss of office is to be ting a 20,000 tons emergency rice reduced by 20 percent. allocation hinge principally casing of the Burmese political The Financial Times, In an situation.
editorial today, warned share- Informed sources sny that the holders against the implications of International Emergency Food rejection. It said: "Further delay Committee is reluctant to release might well exhaust the probably available rice, even for emergency Ragging patience of the Uruguayan allocations, because
Government and lead to the with- the Burmese
upor
by Beachcomber political aliation is interfering with drawal of the offer to purchase. If
en-
TS the man who, after months of wrangling, got a licence to build the back part of house, but not the front, titled to put half a chimney over the front door, temporari ly, and pending further official tumble-cumirivy?
But, stay! What is to prevent him putting this back part where the front would have been, and calling it the front part? By fixing the doors upside down and using the roof as a floor, he could live on the roof, calling it part of the back of the house, All this would "render
It unnecessitry** to apply for a Heence to add the front part of the house to the back part.
Tck, tek
of
cominunications and transportation the companies then had to negotiate systents to an extent threatening to new sale agreement they would make Burma unable to fulf ade- almost certainly have to accept in the correct allocation schedules. quately its supply obligations under the end less favourable terms."
The Financial Times warned that CHIEF SUPPLIER
efforts to gain the advantage of a This could possibly mean a critical few points Involved rien slluation In China, India, In-precipitating the collapse of the en-
the risk dunesia. Ceylon, Malaya, Hongkong tire
agreement, which and several other countries which probably involve the loss of many count on Burma as the chief world more points." supplier for an aggregate of 1,427,400 metric tons of rice through
IEFC allocation schedules for 1948.
It is not known here whether or not delivery has already been made of the 14,500 tons of Burmese rice allocated its year to the
Philip- pinca
SENSIBLE COURSE
would
The editorini said: "a sensible course would be to make as many inental reservations
ឯទ necessary. and then to accept the new proposals with as good grace as possible,"
The feeling in City quarters Is The Burmese Embassy Secretary, that the proposal paves the way for U Khin Maung Gale, who succeed- an understanding on a compromise ed M Myat Tun as Burma's IEFC basis in so far as it endeavours to representative when the latter de- meet the main objections raised to parted for home this week, told the the first proposal, which was United Press that it is only the Jected on June 28 with transportation
and tommunication
Te-
only 55.2
dificulties resulting from the poli- percent voting for it instead of the tical situation which is
required two-thirds. hindering Burma's fulllment of her rice com- mitments.
some
Anglo-Argentine Tramway issues were weak on the news of fresh Trouble in store for them. There was very little selling, but dealers marked down the first and second debentures 2 to £30 and £29 respectively,, while income deben- tures were down £1 to 12. City of Buenos Aires Railway stock weakened a few pence to 11/0d.
SOLEMN author was complain- ing that only in an insane world could lm actors and actresses carn MIGHT HAVE SURPLUS ifty lines as much as good writers.
He said that Burma not only has He spoke of a comedian, and said, "I've more bratus thun he has, and
sufficient supplies of rice available to fill the current allocation sche- "Very likely," sald more to sty." another, writer,
dules, but might also have "but snerringly, more people laugh at him.
is being de "Im-urplus, all of
of which Inyed en route to ports. possible!" shouted a red-faced non- writer.
Informed sources said that it was due to this situation in Burma that the IEFC meeting on Monday was clsive movement in Argentine issues This was perhaps the only de- adjourned Philipplue emergency application. during the past week, except that that the Ecuadorean the Argentine Government ROCA presentative had told the Council loan, which had been immobile for that his country had enough rice month, improved by £1/2 to
Phthph
THE Gnu Spelynge Sossiltleigh suggests that people would find it far easier to pronounce the name Phthph If it were spelt Pahuthuph, the vowels acting as buffers and contributing their whack to the comparatively cuphonious resuit. But
unfortunately the word GO spelled Low. Goinadese for the reub on a sheep's back, and the Phihph family, which dates back to young that.
the Druids would never stand for
to
is, and one would have to be 6. What catises The frequent four dollish,-lo-say the least, not..to.. be..
able to envision the foot raees, the various jumping
since, has there been anything aping competitions, prologue of the sacrifice of boars equal the dellency of the and the epilogue of the eerilee of ged in marble as he stands with the oxen. One can easily imagine the
Infant, Bachus, on his arm. their crowds cheering
favourites in the races and jumps and discUR throwing and terrible wrestling and grappling bouts.
CHESS PROBLEM
By A. KVICALA Black 5 pieces,
I
White. 7 pieces. White to play and mute in three,
Solution to Saturday's
problem:
1, Ki-KS. any: 2. R, B, or Kt (dis chantes.
ninth trick in the diamond suit. 1 He shouki have guessed the evil
Every
Sacred Peace
Another wonder to view is the trench, a shallow marble cut-out in pinewood near a high bank, the place where the runners lined up
When Introducing Mme. Phthph hostesses hold their hands in front of their mouths and try to slip the name round the edge.
for the races. Above the high earth. Fleet-street dandy
bank facing it is the giant stadium. four years heralds pro-
And nearby are alive trees, mayban elaimed a sacred peace throughoul planted on the site of those olive froni whose branches came the Greek world. Warring states trees laid down their arms, took time out the wild olive leaves that went into and turned their attention to the wreaths for the victors, {{aymes.
It must have been very exciting,
a mixture of a sacred pilgrimage, with a festival, all wrapped up with the exciting contests, as he various
fur
CHECK YOUR KNOWLEDGE Answers
Portrait painter.
states demonstrated their particu-Gabriel and Michael. 3 Poetry deal 2. Raphael, specialties. Contestants had to prove that they had competed for 10 with rustic life. 1. The grape, 5. months in a recognised gymnasium. Boxing. . The meeting of the cold Labrador current and the warm cur- Then they had to spend a month at
rent of the Gulf Stream. Olympia
under the eyes of the judges, and pass various tests be- fore they could actually qualify to take part in the games.
Cessation of Cames
After the cessation of the games in. 394 A. D., much of the wonders
he let go a spade, Hall's third spade intent behind the gift of the heart of Olympla fell heir to the destruc- trick would be good.
trick. IInd he cashed only one of tlon wrought by man, time and the In commenting on the hand, Hall the hearts and then shified to a elements, and many of the muur- said that West should have been spade, Holl could not have made the vellous statues were carted off, and warned by the Greeks bearing gifts. contract..
buildings destroyed.
CROSSWORD PUZZLE
Attias
and 6. bomething divers
Humblers eintly do. 14, 3, 61
7. Away in front do you on
thing under the hat 7 11
10. Boundary, (4)
And
m
11. in a dog it toothly loving, (at
12 Straleht from the livre's mousti
(4)
14. Boine Baaluzie gind these for the
party spirit. 14)
1 by no means obese, (43
10. Armour perhap
1th Sire 2 Down.
141
19. It is not well in speak this ot
Anybody (3),
21. Hardly mothers
23 17ody clac'n. (8)
1121 Burety
extracted from wool Rud xed * bania for pintments,
171
24. Drill of sorts, 171
· 1
1. You notice ita nmit ansped Beaten Boating on the pund. tử, 41
and ill. Thorns pride, cazad. 5, 0)
J Just the one to ting a took. (B)
4. it will briefly make n fabric, fas
5. This berry is the bird-cherry: (31 030 2 Across
B. Often unest as no outer cover. (03
Cense (0)
13 Teae are the usual risks. (7)
17 About 185
20. A rule of action established by
Authority (8)
22 No bar to absorb. (9)
arc
But in the Olympia of today one may see the platform of the great temple of Zeus as it was in the nn- cient days of its glory. Bits of s pavement,
visible, and its columos lle all around as they fell during an earthquake some 14 cen- turies ago. Haw sad it is that the most precious plece housed in the temple, The giant statue of Zeus by the im inoriat Phidias, is gone, without n frace. this statue whose flesh was of ivory, whose vestments
were of various shades of gold,
A Great Treasure
One Kem is accounted for, how-
ever. Excavators who
dug aver
20 feet of earth to free the ruins of Olympla discovered one of the world's greatest treasures even though It was broken and splintered amil the ruins. Today It is housed in the museum near the ruins,-this marvellous statue of Hermes by Praxiteles. Never before,, never
AL
|_ TOITORD KHANA SERVICE.
action on without
Tanco said
|quest.-United Press.
available to fill the Philippine re-102 1/2. and the Bank of London and South America shares, after being stendy at £7 for a month, weakened by 4th from last week's £6 7/8 to £6 3/4 sterling.
HONGKONG
SHARES
only one
Cross
Among minor issues, was marked higher-Agar shares rose sixpence to 22 shillings.. Forestal Land at 34/4-1/2d., and Leach's preferred at 18/-.
A certain amouni of enquiries re-
of buying of Chilean Government stock began during the past week, thus reversing the recent downward trend Bonds rose 1 to a common price of £35. -United Press.
A foir number sulted in business this morning on the Slock Exchange. the turn over totalling $400,00 in value.
Details of transactions and noon prices follow:-
SHARES
1IK Tank
East Asio
INSURANCES
praises Threadgolds BANKS
WAS just in time to stop Thread- rolda Ltd., from inserting this advertisement in the morning papers: Beachcomber, best-dressed journalist uxeg England,
nothing but
in
cor. prin Garterettes to write his
Canton
Union
1k Fire
BUYERS, SELLERS SALES
2030
2010
04. 2010
134
30 303
770
200
DOCKS, ETC.
K. Wharf (0)
146
130 50 140
Duck
30
300 29
133
201
DOO
30
Provident
2154
To these well-tested gar- tereties, which are an adornment as well
as a necessity, He attributes his freedom from whooping cough.
micerases on the golf course and | LAND, ETC.
"A close shave every day," The "may make the teeth whiter and more regular, but for sock-comfort there's nothing like Threatyolda."
LED GAREL.
THE SATURDAY EVENING POLT
"When we left Jim Dandy yesterday, he was clinging precariously to a window sill, 54 storeys above the street,"
says,
All-Time High In
U.S.
Incomes
Washington, Aug. 21-The total income
received
by Individual Americans last year reached an all-
time high of 190 billion dollars, 100 21 which averages out US$1.323 per 75023% caplin..
10 85719%
2000 15.83
Ik Hotel
IIK Land
$40
Shai Land
41
500 4.00
300 M
500
Humphrey's
301
135
2212
2214 2224
500 22.40
4014 4t
245 40%
700 # 40
UTILITIES
Train
Star Ferry C. LIER (O).
Electrfe
Telophang
INDUSTRIALS
Cement
Rope
STORES, ETC.
Dairy (0)
Dairy New
(0)
4015
4214
43
#724
Watson (Old)', GO 611
Watson (New) 8011⁄2 8724
The
Department
of Commerce reported that the per capita income was up nine percent from the 1940 average of US$1,213. The grand total was up 11 percent from the 1040 Agure of 171 billion dollars.
Nevada's citizens, on, the average, 30025 were the richest in the nation with a per capita Income of US$1,842. The lowest average was Mississippi's citizens with an average of US$649
375 21
20040
100 40%
၌
992&
Uruguayan Peso
Not Quoted
per head,
Sharpest Incrcuses. In hidividual Inconies last year were registered in wheat
producing states In tho northwest.-United Press.
Copra Supplies.
From NEI
Washington, Aug.
22.-The U.S.
Department of Agriculturo today
reported that the Netherlands East
London. Aug. 21.-The Bank of Indics July copra exports of 24,- England this morning ccased
to 808 long tons wero
"somewhat
quote the Uruguayan peso rate. smaller than, a month earlier but Previously its
rate more than double the quantity ship- pound ped in July 1947.-
was 7.01 pesas
buying
to the. sterling-United Press.
Exchange Rates
The Department sald forecasts for August exports were 24,100 and for September 29,500 long tons.
The Department also reported that Business was done in the local un-July, copra exports from the Philip.. official exchange market this moming in pines of 38,013 tong tons were the the following rates
Chinese dollars (per CN81 m.)
Sterling note (per £1) ...
UA. dollars (per, US1)
Gait bars (per faol)
Plastres (per 100)....
Siam tieals per 100)
NEI guidera (per 100)
smallest in more than a year. It 1406 added that the Philippine export to
637 tal for nevon monthr ending July 32350 was 306,745 tons, compared with 11.50 821,847 tons in 1947, a decline of 24 40,00 percent.-United Press..
30
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