1948-09-20 — Page 7

THE HONGKONG TELEGRAPH, MONDAY, SEPTEMBER 20, 1948.

FOR YOUR SPARE MOMENTS

SIDE GLANCES

H

By Galbraith

DOPK 1960 BY MEA SERVICE, INC. 7, A RED. I A. PAT, DIV.

7-21

"John says we'll have to quit buying things if we want to bring prices down-he's always kidding like that!"

MCKENNEY

ON BRIDGE

Opening Lead Sets Declarer 2 Tricks

not

BY WILLIAM E. McKENNEY MANY of my readers have writ- Aten me to ask what has hap- pened to Sylvia. Sylvib has been playing much bridge lately. The other

afternoon she sat in on her first bridge game in quite a while, and Thomas L. was kibitzing. They tell me that even he was startled by Sylvia's bidding and play.

First of all, only Sylvia would pass the one spade bld, and only Sylvin would pass the two heart bid. When North and South really got going. Sylvia decided she would do nothing until they got too high, as they did.

Sylvia

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DUMBBELLS

ĮREGISTERED U.S..

WHY DO

YOU TALK TO YOURSELF.

50 LOUD?

44036

PATENT OFFICE

I WANT TO HEAR WHAT

I HAVE TO SAY!!

THAN

FREEMA

Check Your Knowledge

EXCLUSIVE TELEGRAPH' FEATURE

POCKET CARTOON

By STELLA

by OSBERT LANCASTER

YOUR BIRTHDAY,

MONDAY, SEPTEMBER 20

PORN today, strength of character which money can exert and hence

force on put real

Busting sharacteristic. You want plenty of money so that

your

charac-

Once you take a stand on rame you can thing, you will stick by it, caring side of an argument. Altruism is. little what others say

your key-note or believe. one of You are alert and interested in teristics. new ideas, and often are for phead of the rest of the world in your attitudes.

Nover exactly conventional In the way you approach a problem. you have a pleasant, persuassive nature and rarely step out of lino when it comes to the accepted formula of living. This rare com- sination of progressiveness and ac-

What is

is good in past ceptance of practice makes you a favoured per son by

large groups of differing types of people who will rally to your support. You know how handle ople. too, and would make an excellent personnel man- ager or politician

to

You women are home-loving and maka excellent managers. You aro hopplest when you have your own family group to control, and will make

understanding nn excellent, mother. Teaching la one of the professions in which you would excell, since you would inspire and encourage your students to put out their best work at all times,

You will carry this trait into your own home, as well, and will make fine mates for ambitious men who like brains as well as personal beauty in.

L. woman.

To and what the stars have in

for store

selcet tomorrow,

your

Something of a crusader at heart, birthday star and read the corres- you want the beat there is for ponding paragraph, Let your birth- everyone. You know the power day star be your dally guide.

TUESDAY, SEPTEMBER 21

VIRGO

PISCES (Aug. 24-Sept. 22)-Be

(Feb. 20-Mar. 21)-A new opportunity depending upon a conciliatory with friends and asso~ clates. Both socially and in busi-

to your ness you can secure this way.

"Vite, vite, char collègue -hate you not heard? Last man home has to form a Government,"

BY THE WAY

by Beachcomber

WHEN love hits the London

FOR THE BUSINESSMAN

Prospect Of Cotton Surplus Indicated

Washington, Sept. 18.-The world cotton situa- tion is entering a new phase in which production and consumption will be nearly balanced and a sur- plus may gradually develop, according to the informal opinion of Department of Agriculturo authorities consulted by the United Press.

For the last three years the analysis has been based upon excess consumption over pro- duction.

Latin Americari exporters will, ECA in selling cotton to Marshall therefore, be competing with the Pian countries, but this situation is offset by the fact that other dollør resources of the western European The changing outlook was based countries would be conserved

05 partly on the August forecast of a result of ECA operations and might 15,109,000 bales production in the in some cases be expended on cotton United States this year, which is from other sources. The overall about 3,300,000 bales more than the effects of the

European Recovery

A

1047 crop and 3,200,000 above the ten-me in promoting industrial in. Europe will eventually

to the cotton

year average. The effect of this large potential increase in world cotton supplies is offset, however, by the be helpful fact that cotton stocks accumulated from Latin America, ECA does not

exports

normally

in wartime have been largely reduced ( operate in Spain, which during the past three years..

buys cotton from South America.

change of residence perhaps, may WTransport bitar Brazil, Mex

added advantages best results bring

future prospects.

LIBRA (Sept. 23-Oct. 23)---Busi- ness plans should be consummated now, especially if they are connect- ed with properly or real estate.

.

shake their old grey heads and ARIES (Mar. 22-Apr. 20)-All give up. trades connected with air transporta-

tion show Increased activity. They just can't, they say, remem- Electrical trades are favoured, too.ber how many clipples" they cm- TAURUS (Apr. 21-May 21)-It a ploy, because "the board are always project, begun today, is predicted losing some through marriage, thua sound basis and solid pro- causing the Agures to fluctuate," and, cedure, It should prosper exception- we suppose, the heart to beat a Httle

faster. ally.

on A

SCORPIO (Oct. 24-Nov. 22)~~ Promote ideas on a new project. A psible business trip may forward these plans considerably.

(Nov. 23-Dec. SAGITTARIUS

GEMINI (May 22-June 22)-A31 But what happens after marriage?

.do 22)-For you postponement of very professions having to

with Wo well remember the romance of is the important decisions

wisest chemicals or metal products of the Lucy Longer, the conductress with favoured. Deal od- the most fuctuating figure on the procedure if you are at all uneer- earth appear

vantageously with elderly persons, No. 29 route. She married a four- tain.

too.

penny to Camden Town called Mr. CANCER (June 23-July 233-Be Skeffington-Howe, and went to live conservative in your

future plan-in a bungalow in Parsons Green, but ning. Avoid amounts of extrava-it was doomed to failure.

with superiors.

CAPRICORN (Dec. 23-Jan. 20)---- An unexpected change may bring some unanticipated good fortune. New friends may be responsible for this.

gance; be very tactful in dealing She, poor giri, missed the fun or

running up and down the stairs, and AQUARIUS (Jan. 21-Feb. 19)--

LEO (July 24-Aug. 23)—New 25-poor Skellington-Howe got nervy and

either on the job A pleasant journey, either for bust- sociates,

or Irritable because she spent the long the ness or pleasure,

sununer eveninga standing on may bring good socially, are likely to bring advan- results. Complete important plans. tages to your future prospects.

ttle porch, awaying slightly

and shouting. Whitehall, Charing Cross and Camden High Street" at passers-by.

Around the world:

A Charming Group of Islands

By TEMPLE MANNING

THE region of Atlantis of mytho

logy, the fabled land in mid- the Western Atlantic which gives Ocean is present name, is market Islands, lying by many scattered about the region close by the en- trance to the Mediterranean.

These islands

are

actually the

1. What is the most famous rug peaks of mountains, rising from the In the world?

sandstone 2. Why was the soft block, formerly used by sailors to scrub decks, called Holy Stone?

3.

Where Is the shortest subway in America?

4. What is meant-by-a congenital: disense?

South West North

East

Pais IN. T.

Pass

2❤

Pusa 24

Pass

34

F'ass 44

Pass

5.

Pass Double Pass Pass

Opening- À ̈

&

Of what is rayon made?

6. Name the largest island Japan

of

When North bid four spades, Sylvia thought it was time to double.

Now reach in the West hand for a good opening lead. Wouldn't you select the queen of diamonds as the natural opening? Not Sylvia. She decided to lead the ace of spades, and If so confused the declarer that before he was through he had gone down two tricks. If he had been careful. he might have held it ta down one.

You can see, however, how easy it is to make the contract with the of diamonds opening. You queen win it in dummy with the ace of diamonds, lead the eight of hearts to the ace, ruft a heart in dummy with the four of spades, return to hand with the king of the South diamonds and ruff another heart with the Ave of spades.

Now lend a small diamond fron dummy and ruff it, lead another heart and ruff with the nine of spades. Then you can lead the nine of diamonds and discard the ten of clubs, West will ruff with the seven of spades. If West leads the ace of clubs, you trump it and lead the ten of spades, throwing West in the lead. can make is the ace, All that

West queen and seven of spades.

Yes, Sylvia is noted for doing the wrong thing, but somehow it always works out well

(Answers on Column 5)

CHESS

PROBLEM

By K, TRAXLER Black, 3 pleces.

White, 4 pieces. White to play and mate in three.

Solution to Saturday'a problem:

,1,Q-KB4, any; 2, Q. R. B, or Ki

mates.

CROSSWORD PUZZLE

07

"Across

1. Lady Biskeney Domeased a scarint

In thị the race meeting for

ju Enues a change of run 17

11 - film cord makos esatie planta

12. The baker' bitsiness (0)

13. Beatch river, 131

14. Fata theen takia

the patriot.

10. Father and I disowny dowel. 101 19. The garden crooper, 141 *41. Three letters of direction, 13)

23. See 1 Down. 24. liver of Pranco. "^(5)

+

Down

And

1 and 23, Shakespeare said that to

do this waistu! Tidjounia PECCES. 13, 3. 4)

Zeing on weather maps. (61 B. aceptadio.

4. Boro Halle Belamin in Emperor, (0) 5. Prodi (89) də iriah. Ki 1. Looks as though an understand,

ing in overdue. 101

V. Can Boy's pencils, be colourful y

10. Headpiece of

1000

15. One who defiles the deity

Ohrist, (5)

10 have norg for a change, 19).

It doesn't matter which." (8)

great submerged plateau of the North Atlantic, and they are known to us ne the Azores, the Madeiras and the Canaries. Old cruise hands know them well, for each group replete with beautiful scenery, mag- nificent vegetation, and blessed by a wonderful, temperate climate.

On Southern Route

About 2,300 miles from New York on the southern route to Europe, is

the

Clock Tower, Cathedral, Ponta

Delgada, the Azores.

The end came when he got home one night and found there was stand- ing room only.

Great big world

Major Mutrar, chief of Lausanne police, suppests that a good means of dealing with noisy motorista is to pelt them with tomatoea.

are

course, It isn't necessary actual- ly to write the column." "All over the great big world people doing it. for us. All we need is our team of ten thousand Uttle splea and a reading glass.

Wet sail and following

wind department

Most fishermen say that basking sharks attract bathers,

From "Basking Shark News" in Ninepenny Weekly.

6000!

00! Senta you silly gel, come away-at-once-that-isn't--Mr

Pulheime of Throgmorton-street, - that's a basking shark,"

Cover up

Shirtfronts, cuffs, fur collars, mo» desty vests, gloves, and ties are coming off coupons.

a group of nine islands, the Azores, stretching from northwest to south- the buildings stuccoed in pink and cast. Owned by Portugal, the blue tints and while. Azores played their role in the recent

In the centre of the town is the war, since Portugal gave its ancient cathedral which, with its prominent, ally, England, permission to use the tall, square clock tower, dominates

One enters group

And we can't the scene. as a base.

the city

-Announcement by the Bored of think of a nicer spot to which to be through triple arch, right into the

public square on which fronts the Trade, better known as the Hom of cathedral,

which was built during Plenty Boys. Ferdinand and Isabella.

assigned, even if danger were to be lurking in the ong. As we men-

•

The United Press consulted ex-

FAR EAST BUYING perts particularly in regard to the

Experts also see a possibillly that present and future cotton situation in the Latin American countries, of the Far East may

again buy consi- which

Mexico, Argentine, derable quantities of South Ameri- are at present can cotton, as before the war. most important in order of cotton China has purchased some Brazilian, production.

Mexican and Paraguayan cotton. since the war, but not in the prewar Larger world cotton supplies are volume. Japan has had to depend not considered 123 likely to have largely upon the United States, but serious carly implications to those has bought some Egyptian, Indjan countries because all excèpt Mexico and Pakistan cotton. are producing this year substantially less than their maximum production of earlier years.

ECA PURCHASES

Japan is financially capablo of doing Jorge international business In cotton, experla say, because the residual gold stocks of Japan -have been hypothecated, and a revolving The abundant United States cotton fund of $00,000,000 established for output will apparently eliminate any cotton. It is impossible here to say necessity for the United States to when and where Japan might pur- purchuse

cotton outside of this chase Latin American cotton. country for the European Co- operation Administration (the Mar- International cotton marketing will shall Plan Programme), as the low also be affected by the Eastland Act. provides that ECA funds cannot be passed by the last regular session used for the procurement of com- of the United States Congress, which modities when the United States sets up a fund of $150,000,000 to be used for the supply of textile supply is ample. There is said now materials (including cotton and flax to be no doubt of an "ample" United

as well as wool) to the occupied States supply.

countries,

HONGKONG

SHARES

The following table shows trans- actions in the local stock market this morning and noon prices-

BHARES BANKS

HK Bank East Asia INSURANCES

Canton

Union

DOCKS, ETC.

DUYENS SELLENA SALES

2020 2035

330

MARKET PRICE DOWN

The changing world cotton situa- tion has not yet developed to a point, where an international markeling agreement is projected here. The International Cotton Advisory Board provides for the international ex- change of information and gives facilities for contact among - colton countries.

The prospect of a large cotton

United

States has crop in the 10 ve 2035

brought the market price of calton down approximately to the govern- ment price-support level in this

Small country.

cash

purchases have been reported at less than the The United States

300

780 79319

K. Wharf (0) .

130

10 703 100 th 705

30 68 140

Docks......

2014

30

Provident

22.30

LAND, ETC.

IIK Hotel

18.20

7116

B.DT

22.20

21.20 1000 4 21

130

80 60 195

22

500 22

HX Land S'hai and Humphreys UTILITIES

Tram

Star Ferry

C. "Light" (0), 21.60

C. Light (N), 17.30 Electric

3074

Telephone (0) INDUSTRIALS

Coment Kupe STORES, ETC.

Watson (Old) Watson (New) COTTONA

Ewo............. Entertainment

30572

100 221

30 Gr 175 40% 1000. 3015

2000 40 -500-40

300 g 40%

300 60

37 I

402% 4215 200 47

100 @ 54%

100

200 @ 17,50 4115

tioned, the climate is delightful, if the reign of Manoel, son-in-law of MR. SWANCLIFF, who has just London Stocks

at times a

trifle humid, but never very hot. Flowers bloom in in- credible luxurlance, and there are orange and lamon groves and pine- apple fields, the pineapples being particularly fine in flavour;

The fishing industry is a big item and ranges from fine tuna to whale. The whole Gaheries have head- quarters at Fayal, which would be a the delightful plice except for odours that result.

Volcanic Formation

The most attractive of the nine Islands, in formation, is Pico, View- ed from the water, it is almost a perfect cone of volcanic formation, rising to a height of 7,000 feet.

The chief city of the Azores ta Ponta Delgado, on the island of St Michaels, which is the largest of the group, Ponta Delgada presents a Ano appearance from the sea and lives up to its promise when one comes ashore. From the sea it looks like a picture postcard, what with

Radio Hongkong

HIKT

Like"

B. Programine Bummary: 0.01, "Tam Session: 0.30, Hospital Request Half Hour presented by Nan Dickinson (Studio): 7, "Misato Mull' Presented by Philip Burn a Alan ituwell (Studio): 1.30. Portuguese Half Hour (Studio); 8, World and Home News London Relay): 8.18, Linda Cater Talks on Viims [Studio] 8.30, "I Like What 1 Presented by Joan Turville (Studio): :D. Military Band Concert by the Band of the Butts. Conducted by W. B. Foster. A.B.C.M. (By Kind permission of Li-Col F. W, D. Party Officer Commanding the Buffel: 9.30 A Mystery Play "Sweet Death" by Christianne Brand (DUCTS); 10. World and Home News (London Ro lay) 10.10. Weather Report: 10.16, An Abridged version of "Marijana" by W}I» Dom Wallace With Miriam Licelte. Clara Serena, Dennis Noble. Reddin Nash! with Grand Opera Orchestra; 11, Radio Newsreel (Lazydory Itelny: ÅLB, Wea- 'hier. Report and Close Down.

given up his last coupons for his wife's New Look, feels that his Opposite the cathedral is the costume will be a little odd this sea

The main son.

that Thank goodness for beautiful old Town Hall. part of the square is the promenade modesty vest," he said when inter- bright with flowers and shrubs. All viewed. around are small shops, and every- where there is the smell of coffee. After doing a bit of pointing, one discovers that the coffee is drying on CHECK YOUR KNOWLEDGE the shop roofal

Answers

they

A drive in and around Ponta

1. "The Holy Carpet of the Mosque Delgada is a joy, Charming villas of Ardebt!" in the South Kensing- in exquisite gardens are bulit about ton Mureum in London. It is valued the hillsides, and this gives the up-at more than half કી million dol- pearance of a hilly flower garden. lars. 2. Because sailors

were Here and there are giant hothouses always on their knees when in which certain particularly fine used it. 3. It operates in the 760 species of pineapple ar grown, foot tunnel between the Capitol and After sampling one of these pine- the Senato office building in apple specials, the other varieties Washington, D.C.

discase 4. A nover seem to taste the same.

existing at or before birth. 5. Cot- ton and wood pulp. 6. Honshu Island. (Tomorrow-“Belenes At Work")

ebitona PREON SERVICE.

SUOJAMAL

“Darling, remember I told you that Helen Simpson--- the girl I was going to marry before I met you-was in

town?"

Steady

London, Sept. 18.-Despite many dublous aspects of the Russian situa- tion, the stock market put up a remarkably steady during the past week.

Support level.

support price this year is 30.74 cents per pound for middling grade cotton inch of fifteenth-sixteenth of one staple, for cotton in farmers hands at average location.

In the event of a world balance in cotton supply and demand or a Kuture surplus, Latin American countries would have zome safe- guards as compared with prewer- In the fact that the larger countries have developed their__own_textile. milling Industries and are thus less dependent upon export markets than formerly-United Press.

WORLD RICE

SUPPLY

Washington, Sept. 10.-The DC- partment of Agriculture's 'work re- view of the rice situation said that the 1947 international trade in rice amounted to 6,000,000,000 pounds, less thom one-third of the prewar average, but nearly 2,000,000,000 pounds more than in 1946. The De- partment said that shipment in 1948 would reach the expected 8,200,000,- 090. pounds, though there was performance difficulty in moving supplies

Burma due to the political upset.

The Department added that Far Anxiety about the general outlook Eastern importers, received. 4,700,- .was intensified by the reference in 000,000 pounds, of last year's rice the King's speech at the prorogration shipments, or 75 percent, while it of Parliament to "difficulties ahead", represented

pounds by Herbert Morrison's outline of the above the previous year, was still

one-third measures for speeding up production, only

of. the prewar include Indio, and by Ernest Devin's grave view of gure. Importers the foreign situation.

China, Ceylon, the Malayan Union, Netherlands East Indles and the

1,000,000,000

trom

Added to the Russian problem Philippines.

The statement said that United was the grove outburst of "nghting- in Hyderabad and the internal States rice exports during the year strife in France, all of which over-ending June 30 reached an all-time shadowed Sir Stafford Cripps' high record of 895,000,000 pounds,

prewar.

WILD

optimistic review of the balance of which was 150 percent larger than

Cuba

the largest payments, which should have set

importer of the market on an upward path.

United States, rice United Press. The chief effect' of the deteriorat- ing International scene has been to reduce business. The relative atcadiness of the market, however, is reflected in the Financial Times Industrial. Index, which finished at 118.4, unchanged for the week. The government securities index finished at 100.83, compared with. 112.77 last

week

Interest in the foreign

market

U.S. IMPORTS & EXPORTS

Washington,

States exports declined by $200,- Sept. 10-United

000,000 in the second quarter of 1048 but Imports remained steady, Com-

was at its lowest ebb for years, merce Department · Agures showed although a late revival in speculative today. interest occurred on Friday-United Press.

Exchange Rates

Business was done in the local un-

During the quarter, the United States provided $1,000,000,000 more in Foods and services to foreign. countries then It' received;

Exports fell to $4,300,000,000 from the previous quarter's tatal, while imports ren

remained at a total of $2,000,000,000.

Foreign countries, receiving less.

semeial exchange market, this morning goods and services from the United

at the following rates:

Stering pound note (per £11

US dollar (per $1)

Gold bars (per tack (FIC plastrea, (per 100) Biami ticals (per 100) NEI Huilders (per 1001

14.08 States, delved deeper into their 10 gold and other assets in the United 227.00 States-using. $700,000,000 worth of

11.40

cash pur-

2530 there to pay for their 40.00 chases hereReuter.