1948-10-27 — Page 7

THE HONGKONG TELEGRAPH,

FOR YOUR SPARE

WEDNESDAY, OCTOBER 27, 1948.

MOMENTS

EXCLUSIVE 'TELEGRAPH' FEATURE

SIDE GLANCES

By Galbraith

YOUR BIRTHDAY

gallrathe

COPIL 1868 KY HEA SERVICE, DIG. 7. IR, REG, L & PAT. DFP.

8-26

"I hate to ask you, dad, but that trailer you bought for your vacation trip-could you lend it to me? I want to get married!”,

MCKENNEY

ON BRIDGE

Vienna, Coup Play Makes Slam Bid

4J7

Aka VADJ

KQJD W

042

+00 274

AKJ ID

AKIOD

N

105

80

Ε

S

• 2012

4QJ53

Dealer

Jaeger

7

753

AAQB6432

Tournament-N-S vul

South West Norih

Enst

Past

♥

Pats

40

4 N. T.

Poss

5+

14

Pass

11

Рак Pots Opening-K

BY WILLIAM E. MCKENNEY

THERE

DUMB-BELLS

ARE YOU CAREFUL ABOUT YOUR EATING?

PATENT

YES, DOCTOR LALWAYS

WEAR

A NAPKIN

Check You!

Knowledge,

travelling across 1. If you were the Allantle from

west, east to would you set your watch abend er bark?

3. When and where did the Arst American Expeditionary Force Innd during World War II?

are few players who couki i

2. Which part of a ship is usually today's launched first? seven-odd with make

made. hand. That contract was however, by Henry P. Jaeger, of Cleveland, C. Jaeger was one of the

the of four original organisers

American

Contract Bridge League, vice He was the League's first president and terved as president in

he was 1028. In 1039 honorary membership.

elected to

Who invented the helicopter?--

WEDNESDAY, OCTOBER 27

PORN today, your unture is geared

STELLA

By nature, you have a high tom-

to high-speed action. You per which your friends too often never valle; you always run. Work- may excuse as temperament, Learn ing in high-pressure jobs comes easy to control this, for something done to you and something slow, cosy or sold in anger might easily in- and routine would bore you to fluence the trend of, your entire life wrong direction. Always death. In selecting your profession, in the keep this in mind. Otherwise you remember. cannot be happy.

by",

You

the adage that to have competent control over others, one tusi Arst learn to have complate control over himself!

Since you are capable and com- petent, you are often called upon in

Your family ties are exception- an emergency "stand

ally strong and you are inclined to have tremendous personal magnetism be very clannish. An early marriage hop- and are able to work with people, win bring you the greatest. easily. Your powers of organisation piness. Although not usually de- are excellent and there is nothing monstrative, your

1lke better than to get order

you out of chaos.

affections deep and your loyalties unswerving. You are fond of children and will want a family of your own.

POCKET CARTOON

"I read better this way-t work in a bookstall"

aro

BY

and The power of the written

To And what the stars have in spoken word has been given to you

your and since you are also something store for tomorrow, select of a propagandisi at heart, you birthday star and read the corres- would do well as publle lender, ponding paragraph. Let your birth-

day star be your daily guide. statesman or diplomat.

THURSDAY, OCTOBER 28

tho

TAURUS (Apr. 21-May Morning hours are definitely most propitious for your efforts. I prove sue travelling this afternoon, exert care

to avoid an accident.

SCORPIO (Ort. 24-Nov. 22)-

Rocial Good for you on both the

socini Some and business fronts. Event at home should cessful nm exhilarating,

THE

WAY

| by Beachcomber

THE rather patronising at-

211 titude of a dramatic critic to n provincial theatre remind- ed me of a letter of Mme, de Sevigne, in which she said she BAGITTARIUS (Nov. 23-Dec.

GEMINI (May 22-June 22) had been to a play in the 22-Additional recognition for past efforts may be received, today. In given added responsibility on the the afternoon avoid an accident dus job, take it with humility. Be country, and had shed four or practical rather than emotional for five tears, which she consider- to haste. especially if planning a

the best possible results.

ed enough for a provincial per- Journey.

CANCER

23-July 23)-formance. Morning hours are high-speed. Get Important things done then so that At Boulton Wynfeuers you may rest and relax when after-

CAPRICORN (Dec. 23-Jan. 20).

best. Morning houre

the nre Anticipate an alirmative Answer from your employer to any request made yesterday.

AQUARIUS (Jan. 21-Feb. 19)-

where energies Put forth your they will do the most good and get the best results. Continued physical vitality is Important. Guard it.

21)- FISCES (Feb. 20-Mar, Be practical and you will gain an All those in important advantage. the mechanical trades appear espe- cially favoured at present.

ARIES (Mar. 22-Apr. 20)- New undertakings are favoured and

friends close

of great muy assistance in helping your materialize.

noon comICE.

(June

LEO (July 24-Aug. 23)-All are favoured, advertising projects

planning to especially if you are use a mall-order approach, Art and design ideas are well received, too. 221-Be VIRGO (Aug. 24-Sept. alert to an opportunity this morning and make your efforts count for n lat so that you may slow down when afternoon arrives.

wan

FOULENOUGH APTAIN CA

shown Into the

library Boulton Wynlovers by Travers, the butler. There he found the absent- Lord Shortcake playing minded

decanter well-alled patience. A and two glasses on a tray whetted for the job more for the the Captain's appetite af tutor, but still

Lord Shortcake, too, liked drink. his drink, so that for five minutes the two o! LIBRA (Sept. 23-Oct. 23)-Added after shaking hands,

settled down to the work, responsibility may be yours today. them A romance might easily culminate and nothing was said. Then Foul- silence. "This is a in your making or receiving a pro-enough broke

good drop of stuff," he sald. The posal of marriage.

taciturn Shortenke nodded: "Not easy to get," he said with a cun- minutes ning leer. For seventy they drank in peace, until Lady Shortcake came In to Inquire whether the matter was settled. She was informed that it was being discussed, and, with a glance of foreboding at the decanter, she left the two men to it.

EMIDWEEKBOOK PARADE

NAVAL WARFARE IN THE

PACIFIC ANALYSED

movesault

CAMUEL ELIOT MORISON, com- menting on the third volume of his tremendous History of U.S. Naval Operations in World War II, notes that it well might be called a "history of the U.S. Navy in adversity."

The Rising Sun in the Pacific. 1931-April (Little Brown, US$0)

1942

record of Japan's the 13

Unlied on the thunderous States, the Philippine Islands and the colonial holdings of Britain, the Netherlands and France

The staggering scope of Japan's disclosed in full early victories is 5. What is the term used for the

Th The

admiral Hank's favourite play the dissection of an animal while alive perspective.

Is

smashed U.S. battleships in Pearl Port squeeze, and I have never seen him for the purpose of physical investi-

Harbour swept on to batter miss one. Today's hand employs the gation.

Darwin and rald Ceylon and Trin- comalee. The

British, combined

Accts Dutch. Australian

and U.S. in the Java Sea were exterminated. and the British driven to the African adge of the vast Indian Ocean. The Prince of Wales, Repulse, Hermes, the Langley, Houston, Perth, Juve, Dorsetshire the roll call of sunken Allied naval warcraft seems endless, lng record the Against thin U.S. could show only a futile raid token in the Marshall Islands, a bombing of Tokyo, a brief and for from decisive action at Balikpapan, the heroic but bloodily hopeless defence of Bataan, a single carrier thrust over New Guinea to Lae, and a scattering of lesser actions.

rare Vienna coup. Most South players

arrived at a contract of six spades.

took the diamond finesse. When it

failed they simply mnde six-odd-

but not Jaeger.

He won the opening fend of the and Immc- heart king in dummy

lately trumped

a heart. He went

over to dummy's king of spades anel trumped another heart. On the third heart East let go the eight of clubs.

Now Jaeger cashed the ace and king of diamonds from dummy, deliberately setting up the diamond queen. He returned to his hand by playing a spade and ran the balance of the spades, discarding from dummy the Jack and ten of dia- monds. You see, the nine and eight of diamonds had fallen on the ace and king.

He finally got his own hand down to the seven of diamonds and the two small clubs. In dummy he had the ace, king and ten of clubs. East had to hold the queen of diamonds. otherwise Jaeger's seven would be good. Therefore, he had to blank down to the queen and jack of clubs, Joeger then led his club over to dummy's king, cashed the ace of clubs, and the ten-spot was good for the 13th trick,

1

(Ansicers on Column 5)

CHESS

PROBLEM

By 9. F. E. FLATAU Black, 5 pieces.

རྩྭ

2:

White, 14 pieces.

2

White to play and mate in three.

Solution to yesterday's problem:

1. B-R2. any. 2. R. or Kt (dis ch mátes.

CROSSWORD PUZZLE

· Across

and # Colloquially miserable.

14, 2, 3, 3)

u. Tako up or sunbrnos, shall Wa

any. (51

10. Whlstiever way you look it's a

laugh. (3)

14. squita, atidictens · So`· make

dear. 10)

Dto

19. Burpaingis' you' get aloe trom

14. Bend out (6)

1 tedna upside down

17. Yorkshire town. (B)

131

19. You get twenty-five of these. 151.

21. A thir in foreius tande. 141

2, Binh Bur a chúng. Với

2. See Dawn,

24. Drawn from (7)

Down

Part of a motor-car, 14-)

and 23.

Ulta and plecen some people call them. (4, 5, 41

3. Borrow. (3)

4. By no mesta upright characters.

5. Often seen on office doors (4-5)

d. Fico 1 Acrosa

7. Dry bed of a torrent. (

B. Let father attempt to get into,

one, (5)

12. TL (6)

10. Incline (5)

18. Hounds negative from a horse.

(0)

20. None in the solid-woat? (4)

Bolalign of Teaterday a mus——Acrous! 7. Acoust10: Deter: 1. Ada 17. Ft: 18, New, 20. Violence; 22. Horm; 13. Log; 24, whisks, Jussation; 4, hatari, Arroga: 6. Tel: 10, Larder: 12 dances: 16. Deep: 19" Win 41. Low.

Actual y

Claimed

One of the most illuminating.parts of the book is the cold summing up of actual against claimed results. When the U.S. submarino Sturgeon It was "no longer reported that

A smile and virgin" there was cheer at home.

the Actually, Sturgeon's torpedoes had failed to hit or sink anything; it was consider- ably later before she bagged a small The dashing PT Japanese ship. boats in the Philippines falled to sink single Japanese warcraft. thought they got at although they

Optimistic Army least a cruiser. (liers' claims to having bombed battleships shook down to wholly mistaken reports.

Morison devoles much time and space

Pearl Harbour attack. to the By his careful, chronological, sum- mation he brings home exactly, what He fixes no happened, and how. direct blame, but he unreservedly exposes the mistakes and failures of many officers. At the same time he gives credit where due, and many a hero's actions shine courageously

dismal backdrop against the defeat.

The Rising Sun in the

Pacific

is an extraordinary graphle history, of intense interest to all who suli wonder "how did it happen?" It carries its strategic and

inclical lessons, too, for Morison Khowa exactly how the Japanese, even while achloving their greatest victories, were opening the way to ultimate defeat.

Damon Runyon's Life PRACTICALLY Everyone hac heard about Damon Runyon since his death resulted in the cancer

fund

drive using his name, but little is known to the general pube about the man except that he was one of the county's leading news- The papermen and fiction writers. Damen Runyon Stor, by Ed Welner US$3) alms to (Longmans, Green, correct the situation..

The discussion continues

FOR THE; BUSINESSMAN

American Opposition To MacArthur Policy For Trade In

Japan

Tokyo, Oct. 26-American business quarters predicted today that the business community here will go on record in the near future as being opposed to the system of establishing competing government trade missions. They note that government to government trading is opposed to the American way of doing business, and they think offl- clala in Gen. MacArthur's Headquarters should take this ' into consideration.

In addition to trying to get some of Gen. MacArthur's regulations changed, members of the newly organised United States Chamber of Commerce will meet in the near future with a group of leading members of the Japanese Diet to discuss legislation designated to en- courage foreign investments.

The representatives of some big, any more radical than those of the And they feel that American firms in Japan say private-|United States. ly that many American concerns some of the present Allied-inspired will not come back to Japan unless laws for deconcentration of Japanese radical anti-cartel laws are changed. industry are for more radical than in the They also feel that there is no excuse any that have been passed for deconcentration laws here being United States.

American business circles are on- xiourly awaiting the long expected statement

foreign investment procedures. For some time Allled Headquarters officials

been saying that this policy was about to be formulated and would be an- nounced "In the near future."

EASINESS IN RUBBER MARKET

New York, Oct. 28.-Standard contract rubber today closed 43 to 60 paints lower with sales totalling 60 contracta. No. 1 rubber was 40 to 45 points lower, with totalling six contracts.

Ja

sales

לנס

bave

INDIGNATION

Today some American business- men were told by Allied officials that the investment policy is "still It is reported to up in the air." be on the desk of Gen. MacArthur's Chief of staff.

There among American Q5

officials.

the Allied

businessmen. complain they "carbet baggers"

growing Indignation businessmen here a result of the treatment they Contiqued easiness in the primary are receiving at the hands of some market caused a setback

the minor Allled

At gather- The major rigs of American businessmen they rubber market here. part of the uneasiness is still attri- openly state they do not like the buted to recent production and con-attitude of some

towards oncinis sumption figures.

These busnessmen Talk of stockpiling is still holding

often called ore some dealers and "opportunists." trader interest, with stil slightly bullish, despite the re-

louchy point with cent setbacks. Over the short term,

businessmen here, and business however, the price trend still points leaders are trying to find a way to downward, reflecting the small constraighten out" those members of who Gen MacArthur's Headquarters Eeem to think all businessmen are undesirable low-class

people.. United Press.

sumer demand for rubber products.

Pricen closed as follows:- Standard Contract Rubber. October in cents per lb.) 2000 nominal November

December January 1949)

February

March

April

Miny

Junc

July

20.07

20.70

20,00

20.00 bld

20.52 nominal

20,45 bid

20.40 nominal

20.34

20.30

20.25

14

20.20

November

20.75

December

20,10

No. 1 Contract Rubber.

March (194

21.19 bid

21.10 trades

August

September

October

April May Junie who

This

is a

21.12 nominal

21.00 nominal

HONGKONG

SHARES

Interest in the popular issues was well maintained during this morn- ing's session of the Stock Exchange. Trading was fairly brisk, and the changing khares total value of

closing

hands was $307,900.

LONDON FUTURES

as well as the colourful later periods up," said Foulenough. Thank N.Y. FOREIGN

WHAT matter was she referring "WHA

Shortcake. to?" asked had forgotten why Foulenough was there. Faulenough shrugged shoulders. "You never know with said Shortcake. "Fill up. women,"

are in a hurry to sir. unless you

out his thrust go." Fourienough

a gawky glass. At that moment Suspicions that this might be one boy with a haystack of brown hair

the

and of those quick pleces of hack work lumbered Into frequently dashed off to cash in on menaced the peer with a catapult.

Mortimer," the death of an important person "My are quickly inid-to-rest-Weiner has Shortcake. "A--young savage, done an excellent job of research assure you, Colonel. We're getting buy shot In addition to capturing the unique a tutor for him." The flavour of the man. The story of out his tongue and retired. kicking! Runyon's hard early years is here, the furniture

July

20.00

August

20,80

Transactions and

noon

his

September October

20,10

20.03

prices follow:-

November December

20.00

20.55

United Press.

SHARES BUYERS SELLERY BALES INSURANCES

Union

700

175

DOCKS. ETC.***

K. Wharf (0)

136

N. Pt. Whart

room.

London, Oct. 20-Prices in the rubber market here today cosed as follow:- October/December (In

Dock

301 30

1300 305

Provident

21.00

2000 of 31

1700 22

pence per lb.)

nephew

said

January/March

Apri/June

122% 12-11/10 17-9/10

2000 1 22

S'hal Dock

5.03

0.10

LAND, ETC.

I

Unften Press.

IK Hatel

18

IIK Land

41

S'hal Land

1000B.15

Itumplires

(X Hts).....

17

Humphrey

((s)....

014

when he was first an acknowledged said Shortenke "Where do you get

"From

a jolly old leader in sports writing, then an ace this sherry?"

gentleman

know," said Foul- all-around news writer and finally a columnist und unique chronicler of enough. the Broadway scene in short stories.

UTILITIES

Tram

21.40

100 21.00

2004 21.00

1100 @ 214-

1

500 25.0O

Story FerrY

Argentine Peso (Oficial) Argentine Peso (Unofficial) Australia

New York, Oct. 28.

US$0.2977 2007 31.23

C. Light (0)

2014

000 or 23.20

200 er 2120

C. Light (N)..

22 27!

1000 * 22 20 70 68 22

500

Brazil

.0500

Electrie

303 304

Belgium

0229

700 40 200 301

Canada

03-1/4

Chile

0230

England

4.03-1/4

Macao Electric 24 Telephone

1500 a 25

· 30 1

500 37

INDUSTRIALS

France

.0032-1/4

Loadin

3024

Cement

40%

30 #7 401%

4. Igor

400

40%

Mexico

.1450

New Zealand Peru

200 41

4.03-1/4

0710

Поре

1015

.0403-3/4

South Africa

4.03-1/4

STORES, ETC.

Dalry (0) .... 40

500

200

#705

14551

4222

Dairy (N)

Watson (0) ..

09

2550

Waison (N)

COTTONS

4735

Ewo....

334

17

300 * 53

300

2400

United Preks.

Weiner was an intimate of Run-

Answare

yon's in the latter's final years, but CHECK YOUR KNOWLEDGE he has kept himself completely out of the story. There is no tinge of

a always templa- mawkishness, tion in a work of this sort,

(Tomorrow-Record Review)

THE SATURDAY CYRKING 7967, 40

1. Buck. 2. The stern. 3. January 26, 1942 in North Ireland. Ivanovitch. 5. Vivisection.

EXCHANGE

Zurich,

V.S. dollar

Sterling

French Frong

301 Swi Franco

10.05

0.44

0.31

United Press.

મ

etega 10

22.20

10

EDITORE PRESE SERVICE,

Portugal

Sweden

Switzerland

Uruguay Venezuela

Flinghai Netherlands Palavin Singapore Flongkong

"ZURICH RATES

Oct. 20. The following uns

official exchange rates were quoted here

Inday:-

Argentine Peo

BLACK PEPPER

MARKET

New York, Oct. 29-Black pepper future today closed 200 points liigher to 700 points lower, but no sales were re- ported,

Prices closed as follow! 8 Imm

MISCELLANEOUS

Entertainment..

Output Of Jap

Silk Fabrics

Tokyo. Oct.

quarters

26.-Allied Head- reported today that

Japanese production of slik fabrics roce from 3,502,000 square yards in

occupation The second

year 8,050,000 yeards during the first 11 months of the third year.

It sald the postwar production peok of 12,110,000 yards

December (in cents per lb.) 09.00 nommas reached during May, 1848.

Spot White Muntok)

00.00 asked

A report issued by Gen. Mac- be- sald Arthur's Headquarters cause dollar prices for raw silk and been Blik

fabrics have woven

a lower level, raw stabille ut

silk stocks in Japan have declined 05.00 nominal since early 1948. At the same time, United Press.

Exchange Ratés :

rnwallk exports, including unles of Japanese stocks held In New York, increased substantially.

The total for the frat five months of 1048 reached 54,260 bales, over 4,000 bales more than the two-year

Business was done in the local wie | total of 1940 and 1947.

official excliange market this

et the following rates!

Sterling Dound note (per 21)

US dollar (per #1) Gold bars (per tael) FIC plastre (per 100) Biam tical (per 100) NEI guilders (per 100)

morning

The report said Japanese textila 14.10 output reached its postwar poak dur- 52 ing April Jast with an index of 23.8 305.00 new ruched the same level again in

OTO 1520 July. The previous peak was 23.2 17.00 in May, 1047,--United Press,

July

January (1949)

March

May

September

October

Spot

70.00

(15.00

34

19.00

41

00.00

44

00.00

57.00

WHI