1948-08-25 — Page 7

;

THE HONGKONG TELEGRAPH, WEDNESDAY, AUGUST 25, 1948.

FOR YOUR SPARE MOMENTS

SIDE GLANCES

By

Galbraith

COMU, 1998 WY KOLĀ SERVICE, INC. T. 1. REG. U. 8. VAT, OFF...

"Do you suppose she's mad at me about something? That's how you bawled when we had our first quarrel!"

• MCKENNEY

ON BRIDGE

Killing Re-Entries Is Good Defence

BY WILLIAM E. McKENNEY THE most exclusive of all bridge

tournaments

ไป the masters individual world championship. To qualify as a participant, a player must be a Life Master, of which there are less than 125, or must be the holder of a national champion- ship in a country other than the U. S. Participation is by Invitation only and is limited to 28 players.

Philip Steiner, of Cincinnati, O.. gave me today's hand at the recent Midwest tournament in Cincinnati, and 1 brings out One point in defence. Phil loves to bid slams, but he thinks that the most difcutt are part score hands to defend contracts.

West held the opening lead with the diamond king and then shifted to the six

Declarer of hearts. played low from dummy and East won with the king. East returned the ten of clubs and declarer's queen went to West's nce..

West led the Jack of clubs, South won with the king, cashed the ace

463

❤AD4

• Q10 872

4742

DUMB-BELLS

JREGISTERED US..

DO THEY ASK MUCH FOR YOUR RENT

ABOUT TWICE

WEEK!

Check Your Knowledge

EXCLUSIVE 'TELEGRAPH' FEATURE',

YOUR BIRTHDAY

POCKET CARTOON

By STELLA

by OSBERT LANCASTER

转地

mistakes never appear to be serious. It you must be vocal in your criticism, follow up with con- structive suggestions..

WEDNESDAY, AUGUST 25

DORN today you have definite talent for the written word which, when combined with your keen knowledge of human nature. your wit, and your originality, should give you a successful career 0% 4 writer, You must learn early in the game, however, that there is a great deal of hard work in this field and that Ideas are not salenble until they fire rently worked out!

Although you have strong likes and dlallkes, you should learn not' tu show them too strongly. You may And upon second thought that you have committed yourself! Remain silent until you are sure.

Something of a hair-splitting ceille, you are likely to become very dislilu- aloned if things do not work out as you want them to at once. Cultivate patience, and learn to look on the of things first, then the good side

A

You have excellent taste. Why not be paid for your opinions? As critic you might be eminently rucess. ful in the field of art, literaturo, Your sense of music or drama. humour is Inclined to be caustic. Keep it within bounds-and above all, avoid sarcasm.

Be

the

extremely cautious In selection of a marriage partner for You much will depend upon this. can't do your best work when un- happy.

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.

THURSDAY, AUGUST 26

VIRGO (Aug. 24-Sept. 22)-Exert great wisdom In making any im- portant decision. Postpone it until a better day If you can.

LIBRA (Sept. 23-Oct. 23)—Thinga drop back to normal again. Don't stack off; continue production levels; but don't expect miracles.

SCORPIO (Oct. 24-Nov. 22)-Op-

more gets in a few position once words, but your ideas can stand if you are laciful, yet persuasive.

BAGITTARIUS (Nov. 23-Dec. 22) Let things run along under their own momentum today. Palience may be needed in straightening out detall,

CAPRICORN (Dec. 23-Jan. 20)-- Boutine tasks appear most Important right now. New. Bashy ideas can wait. Concentrate on the present,

AQUARIUS (Jan. 21-Feb, 19)—A day for moderation in all spheres. Make sure your actions are always above reproach and there can be no fear of scandal.

PISCES (Feb. 20-Mar. 21)-Di- ficulties once more appear on the horizon. Consider all decisions most carefully to avolt an upset.

ARIES (Mur, 22-Apr. 20)-You still have the green lights för full- speed production. Take full advant age of the opportunity given you right now.

TAURUS (Apr. 21-May 21)-Ad- vertising, publishing and printing are all favoured, You may need to seek legal advice. Do Eo and gain thereby.

GEMINI (May 22-June 22)-Salts are stimulated by advertising and all-out promotion, Continue gressive activity for best results.

pro

"I'm afraid there's no doubt about it, Clarence-it's a stay in strike,"

BY

THE

WAY

by Beachcomber

T

THE news that Dingi-Poos may bring the Tibetan ballet to England is almost too good to be true.

Tibetan ballet is more static than the kind we are accustomed 10. There are long meditative pauses between

the movements of the dancers, and these movements never vary. First the right leg is raised, and carried slowly round, clockwise, about two feet from the ground.

raised, and

and the anti-clockwise. down on the

CANCER (June 23-July 29)—If a new business agreement is needed, this can be a good day to go into details and decide them advan-Then the left leg lageously.

action

is repeated

LEO (July policy for you today is to make ground when a haste a little more slowly and care-described. Then the body is moved fully than yesterday. Look first; slowly, the dancer leaning over to then ect.

the right, and then to the left, with the hands on the hips,

This goes on until the dancers grow weary. If the audience grow weary before the dancers, that is their look-out,

24-Aug. 23)--Best Each leg is bang circle has been

BOOK PARADE

MIDWEEK BO

FROM SMOKE TO SMOTHER steppe and exploding shells of the

By Douglas Reed

TEN years

was

dled

Up, the apothecaries!

FOR THE BUSINESSMAN

London Interest In Chinese Issues

London, Aug. 21-Speculators on the London Stock Exchange today picked up Chinese issues on the hope that the International Monetary Fund will furnish China with enough gold to back the new yuan.

HONGKONG

SHARES

The market was generally left off with a better feeling follow- ing the latest international moves, but the "house" bemoan- ed the paucity of business.

British Government Issues re mained firm on very little buying, and the two nu-

The value of business transacted | with War Lon

on the Hongkong Stock Exchange | tionalisation locks up 1/18th.

this morning was small, totalling $190,030,

Industrial

shares were less flim

Detalls and noon closing prices in the afternoon than they had

been throughout the morning, but

NUYERS BELLENS SALES | selling was negligible. Tobacco

follow:-

ЯHARES

BANKS

HIC Bank

2010 2030

70 2030

Fat Aala ........... 139

INSURANCES

Castort

302

Union

770

780

54 700

DOCKS, ETC.

I

110 143

no 01

300 0 30%

151 15.00

{

7814

10.00 20.49

K. Wharf (0).

K. Wharf (N), Dock Provident LAND, ETC.

HK Hotel HK Land Humphreys UTILITIES

Tram Star Ferry C. Light (oj

Flectric INDUSTRIALS

Cement STORES, ETC.

Dairy (0) Dalry

(New) Watson (Old). Lann Crawford

בי

21.40 22

130

100 @ 134 23 22.40 1000 er 22.20

7022

40 4014

41 4214

4774-

13

350 $ 4015

100 c 44

N.Y. FOREIGN

EXCHANGE

New York, Aug. 24-Closing prices for foreign exchange were:-- Argentine Peso (Official) Argentine Peso (UnoMela)} Australia

Braill

Belgium Canada

Chile

England France

India

US$0 2017

2083

2.23

0550

0220-1/2

Issues were strong. and were al- chowing most the only section general strength.

15

The week-end boomlet Uruguayan railway issues, whicit

of started with those Uruguayan Central, today embraced other lines and other Issues on n prevailing optimism. Northwestern Uruguny second debentures spared £7 to £149.

WES

Kafirs were more active than they were during the past week, but the market is still far from its old specu- lative self. Today's liveliness started by a statement by the South African Finance Minister stressing the high Importance of that industry to the country's economy.

Olls remained steady, but dealings were small-United Press.

FREE MARKET

SUGAR

24. The Inter- estimated

London, August national Sugar Council

01-13/16 today that free market supplies for

0404-1/4

August 31

the crop year ending

4,913,000 will total

metric tons compared with estimated needs of 4,750,000 metric tons.

Free market sugar is that which is not committed "ių advance con-

.0335 4.03-1/4

0032-7/0

3024

Mexico

1495

New Zealand

3.23-1/4

Peru

.0700

Portugal

South Africa Sweden

4.03-1/4

.2703

2.500

In

Uruguay

£360

Venezuela

30:0

Shanghai (CNC$100,000)

.0130

Netherlands

3770

Batavia

3775

Singapore

4723

2400

Cuban crop."

United Press.

Hongkong

F dyed commercial petrol is to be Russian artillery:

mixed with chemicals, to pre- "Every day someone shoots him- self: every day someone goes mad.vent the dye being taken out of it. then undyed private petrol must (Jonathan Cape, 10/0)

That could be said least of all of the also be treated chemically, to pre- Switzerland front, of this thin ring dally getting ago, on the eve the German invasion

of thinner. At the front men sank into vent dye being put into it.

fact, it would be far simpler to lay but

they Austria and 18 months before utter

apathy,

physical decline, of up all cars and fight the thing out

In the laboratory.

And, in the Hitler sent his armoured columne 'normally-of

wounds. It

truest-and quidate Poland, 10

there was cold, of

will have end, elaborate formulas erior succeeded

ideal published a book entitled "Insanity more su every day-of the interior

In producing no of the ring, of staff bunkers, competrol, which will be useless in a Fair"

that angered cherished their fools' paradise. Its mands, ration and supply depots. car-tank. Nobody will be able to author was Douglas Reed, and his workshop companies and rear ser- drive, and sufficient real petrol will

the forebodings and warnings of vices. Here men conferred, ham-

thereby be saved for export mered

for break-out plans out Nazi menace were as unwelcome, as

mere

Alight; or they enable every housewife distinguishingnather voice in the wilderness" attempts or for

that of Winston Churchill.

played cards, lost and won, truded plastic saucepan handle once every and swapped, slept or failed to eight years.

and blasphemed, Knock twice and go away

discussed hymns,

1. From what is cork made?

is the 2. What

feature of Gothie architecture"

3. What weather is usually inlicat-

ed by a red sunset?

104 WQ106

N

AQJE

W E

AKDS

K832 JO

4. Numa the first king of Israel..

4

10083

Dealer

5.

AJB

AAKBTS2 ♥J75

+3

KKA Tournament-Neither vul

South West

14 24

North East 24 Double Pass Pass Pass Poss Opening-⚫ K

and king of spades and led a small spade, throwing East in the lead. East then cashed his high club.

K

At this point it did not look as done by any harm would be

Jeuding back either the fourth club

or the jack of diamonds. But there

is

D

theory,

followed by good card

players, which is, kill re-entrics.

If East leads either the fourth club) or the jack of diamonds, declarer will trump it, and after

leading another trump, will end up with trump and the Jack and seven of hearts in his own hand. In dummy of he will have the ace and pine hearts and queen of diamonds.

West will be down to the ace of

of hear diamonds and queen-ten

and he will have to make a discard on the last trump lead. If he dis- cards the ace of diamonds, declarer will throw dummy's nine of hearts and win the last two tricks with the queen of diamonds and ace of hearts. It West lets go the ten of hearts, declarer will discard the queen of diamonds from dummy and win the last two heart tricks.

Answers on Colton 4

many

raged

There were many, in high places sleep. und low, who refused to heed what

sang prayed.

to Reed was "blindingly obvious", methods of suicide, raised revolvers Events proved him

be no and pointed them at their babbling scaremonger.

temples.....

10

Today Mr Reed believes we are in precisely the

state of pame "suspended, non-fighting but unde- ible warfare" "as we were in 1938. He is not without hope that the fighting possibilities of averting n

ZBW RADIO

the

to

to buy

a

own FORTY-TWO percent of the well- dressed men of England swear by the new cardboard-backed utility pyjamas with potato-shaped col- larettes and plastic pockets edged with rhubarb-green sylox. The only pyjamas made in the great Wol-

by verhampton blast-furnaces are workmen skilled in dental hygiene and reflecting confidence and well- 6.00, Programme Summary: tht Chil: being through the constant use

Story: "Bifter Again" by Elf dren's Clarke 1DBCT91: 0.15. Harry the Bingwyre Raw Spirit Pressure brings bean- Parry and His Sextel: 630, Wednesday Brick-Slove, which Serenade: 700. "It's in the Air" Variety netting to boiling point and steams Request Programme, Presented by Susan Howard, (Studio); 8.00, World and Home the impurities out of £ca-powders. News London Itelay): 6.15, Serenade to (Advt.) the Stare (NCTS); 8.30, "Paul Pemple

Lewis

What was the date of the year war will be grasped in time. But it HKT.

is only a glimmer. preceding A.D.?

"From Smoke To Smother" is the sequel to "Insanity Fair." The is particu- author's apprehension larly neute when he discusses the Potsdam Agreement, which he de- scribes as an "ideal set-up for the resumption of fighting hostilities".

CHESS PROBLEM

By A. K. ELWORTIFY

Black, 9 pleces.

O

White,

pleces.

White to play and mate in two.

Solution to yesterday's problem:

1, Q--Kt. any: 2. F teul chị, or Ktch, or dbị ch) mates,

CROSSWORD PUZZLE

-Acros

1 and 7. These adiictiona come from

bad made fund,

9. Disobedient. (W)

14. 3. 41

10. The measure of A mare appar

ontly, 141

12. A more shows of water in scot

14. I can follow this to a projecting

which tower, (6)

18. Overlap the inaur roof of a room. 17. She's obviously Tropa Novada. (2)

10 Along this way to got married

perhaps. 15)

20 A weight on the bed seems to be

matoriai. 10).

41 Portuns, good or bad. (4)

4 cystein of Efindu philosophy.

(4)

29 Undor red star. (9)

Down

They are douhi-nerden, often swans in the hand, and they assist developinct.t. 14-3) Try and make Ena devour. (2) 9. Reform the mad ilar. (71

This done not indicate the slayer with the broadest shoulders. Sainous. (D) Helativo. (B) 1. Bee AcTOR. Initializ

the Unchalar of LaW may provide a urlof abip's docu ment. (4)

11. Frutt. 17) 19 It's a handle of warts (4) 15. The beast of the Zodiac. 131

it for a pig (3)

Across Crown and Anchor; tot: U. ftidren: 11 GABE 15 Disc 14 bol lash: 10 Breeks 11 Wit 19 inter Line: 81 Ports: #5, Treille: 46, Dot: $7. steel

cute of resterday's buckle.

Such Bes 1 Acrom: les binti 190 Borter: 30. Into: 19. Kres: 20. Tote KOMEN: 04, BOB.

His survey of the past and hin which compel current events

and the Sullivan Bivstery by Francis In passing

Curbrides. Episode 0:

In BDCTS); 9.15.

D.DO.

The House of

New Records;

Recital by Chamber

Harinenica Hunng with Plano accompaniment by

Clara Stansfeld. (Studio); 8.3). "Antho

of

NE way to ensure

Д constant

now of English Alms would be

POUND NOTE RATE

tracts

such as the one between Cuba and the United States.

The Council's

Statistical Coin-

mitted sald its figures for next year "are very tentative as so much depends on the size of

the

1949

"On the basis of a Cuban crop

of 5,000,000 metric tons, estimated New York, August 24-In the unomcial supplies for the free market would

market here today the British pound note

was quoted at US$2.87/00.--United Press. be 4,280,000 metric tons. On the basic of a Cuban crop of 5,500,000 PARIS FREE MARKET

Supplics. metric ions.

Paris. Aug. 24.The following un-metrie ions, estimated oficial Intes were quoted here today: would be 4,700,000 Free

markel US$20 (gold piece) ................. 21,500 Francs Estimated free market requirements Black marke: US$20 (gold.

for that year are 4,200,000 metric piece)............................. 21,000

tons," Free market US$1 (notel 300 Black market US$1 (nate) 305 ..

Unlied Press.

ZURICH EXCHANGE Zurich. Aug. 24-Tho official rates were quoted in this market

today!-

1.5. dollar

Sterling Argentine peso

following un

3.12 (Swiss Franes) 11.30

0.58.

-United Press.

RUBBER PRICES

STILL SOARING

New York. August 24-Rubber futures today cloned 30 to 40 points higher on sales totalling 81 contracts, Prices closed as follows:- August September

to take that ominous viewpoint will

lecy Presented by Clifford Davies: 10.0 for the Government to make thou-October

Socialist propoganda December doubtless be challenged from many Work and Home News (London Relay sands more

Proms (at the taxpayers' expense, of qunrters, but they

he 10.35, "Stonehenge" A Feature cannot

granite by Gerald Breban and Desmond Ignored.

Hawkins. Muste played by the West course), and hurry through a Bill Country Studio Orch (London Relay): making it compulsory to show these

Story: "Blue Six" by aims at all the theatres. 10.45, A Serial Jonathan Sty (Studio): 11.00, Radio News

Every thinking man and woman) should rend-und study the Implications and conclusionu drown In this remarkable book. And it is a safe bet, when the last page has been reached, that they, the too, will be wondering whether policies shaped by governments make sense!

Teel (London Relay); 11.15, Weather Are carpenters musical?

Report and Close Down,

CHECK YOUR KNOWLEDGE

Answers

1. From the bark of onk trees, Apart from his examination of

Europe to southern native

and the

of ntiments

internationa

northern Africa. 2. The pointed arch. polities, Douglar Read also sallies 3. Fair. 4. Saul. 5. 1 B.C. forth in vigorous style against food- rationing, B.U.s, the atom bomb and other aches and pains which rake the citizen at home.

STALINGRAD, THE DEATH OF AN ARMY ·

By Theodore Plievler

(Athenaeum Publishing Co., 18/-)

Termany's greatest military disaster was suffered on the banks of the Volga. Here it was,

at Stalingrad in the winter of 1042- 43, that the German 6th Army of Fleld Marshal von Paulus was decimated by cold, disease, hunger and the enemy forces that ringed the city.

Theodor Flievler's long chronicle Is the story of the German officer

private soldier and

who were forced, in their thousands, to dig their own graves to fulfil Hitler's "Fight to the last bullet" order. It makes grim reading.

vivid picture No more

has been given of the last days of men whose spiritual and bodily reserves were exhausted. They were star- ving men who felt no hunger, a hopeless flotsam which bad aban- doned all Interest in their fate.

But let Plevier reveal in his own words

the death agony of a unit which had had too much of those driving blizzards of the eastern

KRITONG PREIS SEKTICS,

PRO KATIIRIAT

LEANING POST

I knew a foolish carpenter, An enterprising fellow,

Who, one night, came to deputise For the missing village 'cells. He threw aside the proffered bow,

And with an ugly laugh

tools, and fiercely Produced his

sawed The 'cello clean in half.

"You were having a nightmare."

The Counell decided it was "pot advisable" at present to revise the international Buka agreement, which dotes from 1937-Associated 1'1159.

Argument For

Gold Cover

New York. Aug. 24.The Wall Street Journal today urged the re- storation of former gold cover re--

for Federal Reserve quirements 20.10 nominal banks which was proposed during of Con- the recent special session

20.75 paked

20.03

20.75

20.70 traded gress but not enacted.

November

January (1040)

20.1inal

April

February Marcit

20.72

20.70 traded

May June July

26.67 nominal 20.05

August September October

United Press,

CHINA

20,68

slep "Assuredly such a

would not in itself solve infation or bring back safe monetary flecal practices" said the paper

"But it does not follow that higher gold cover re- quirements would be without effect. According to the latest combined balanco

sheet of the 12 Federal banks, Reserve

their legally quired

gold-holdings at 25 percent

PRODUCE of the note issues and deposits of QUOTATIONS certificates representing 224 billion

member banks were 10.3 billion dollars. Since they actually hold

dollars of gold, they have a margin New York. Aug. 24—China produce of 12.1 billion dollars.”

·was quoled today in the New York market as follows:- Aniseed oil, per 16, г.0.0.

New York.

Cuzin all, per lb. F.0.1. New York, ... Agur agar per lb. F. O. D.

New York. ............ Tung ok, in tank care, F.OD. New York, por lb. Sandalwood, in drums, de- pending on quantity & quality.......... Beryllium, (10 to 12 per

cent) per ton. Molybdenum, (00 percent)

per ib.

0.75/77

2.00/2.50

3.35/3.40

021-1/4

13.00 .nomina} !

20.00/21.00

0.45-

-United Press.

The paper adds: "I originat. gold cover requirements of 40 per

35 percent cent against notes and against member bank deposits had been in effect, the required gold cover would have been 16.7 billion dollars and the uncommitted balance at their gold would have been 0.7 little more than billion dollars or a half the total paper circulation." United Press.

Exchange Rates

Business Was 'done in the local un. official exchange market this morning at the following rates

Silver Prices

New York, August 24-Silver, ger fine ounce, as quoted by Mesurs Handy and Harmon: 73 cents-United Press.

LONDON SILVER

London, Aug 148liver, Spot, per ounce, 44d.; Silver, Forward, per ounce, 418 United Press.

Gold Yuan (per yuan) ..........

1.20

CNC (per $1 m.) ....

42

Bierling pound note (per f1)

14.18

US. dollar per $1

K20

Gold bars (per tae))

219.30

FIC piires (per 100)

11.00

25.30

"NEI guilders (per 100)

$1.00

Slam steals (per 100)

COPRA FOR ECA

SCRAP METALS,

New York, August 14—The following" Washington, Aug. 24--The ECA prices were quoted in the scrap metal daily procurement and reimburso-market here today:-

ton

ment report announced today that Copper 7,03. per

Kignjakking: US$15.75/10.00 - the United States has purchased | Last, 1.0.3. per ion (heavy

ποτές US$1,424,100 worth of copra in tho Philippines for Austria-United Sical, 0.2, part ton (No. I

heavy, mollin) -Press.

17.00/17.30

$8.00/30,0

•Press.