1949-01-03 — Page 7

THE HONGKONG TELEGRAPH, MONDAY, JANUARY 3, 1949.

FOR YOUR SPARE MOMENTS

•MCKENNEY ON BRIDGE

Forced to Play With Trump Vold

BY WILLIAM E. MCKENNEY

LL bridge players talk about the peculiar things that happen in their game, whether it is in a littlo afternoon bridge club or in a world championship event. Perhaps one of the pirangest hands ever played in a world championship match took place in Chicago last August.

R. W. Halpin, of Chicago, one of the organisers of the American Auction Bridge League, was paired up with Oswald Jacoby, of Dallas, Tex. You сап imagino Italpin's surprise when he found himself playing a contract of six hearts in the final round of the world cham- plonship team-of-four contest, without a heart in his hand,

trump Jacoby's bid of four was the Blackwood bld asking aces. With one ace Halpin to show

по

4Q10

832

Stalpin

◆ KJ 108

-J1052

N

Jacoby AKJ042 W EVAKQJ

S

480

Nona A9043

4A907

63 Dealer +5

4A753

+972

43

South

10074.

AKI

Tournament-E-W vul.

West North East

PAR

4N.T.

Pos

V

15

Poss 10 Pass

Halpin would

have bid five dia- monds. With two aces he was forced to bid Ave hearts-and Jacoby bid alx hearts.

One of the strangest things about

DUMB-BELLS

FREGISTERED ULLI PIENT OFFICE

CAPTAIN, WILL YOU PLEASE COME SEE WHAT IS THE MATTER

WITH MY STATEROOM,

IT IS JUMPING ABOUT TERRIBLY?

Check Your Knowledge

1. Broom corn is used for the manufacture of what products?

2. Name the only natural source Bermuda of water supply in the Isfonds.

4.

5. Name the largest and important museum in the Slates.

AROUND THE WORLD:

Shwe Dagon Pagoda, Rangoon

By TEMPLE MANNING

鹤

CCORDING to a letter from A friend,

in things

Burma, especially in and around Rangoon, scem pretty much the same, despite the change in government. Not so many uniforms around, not so many rays pukka sahibs running things, our friend, but beyond that, life

coniro seems to still

around

the

Shwe Dagon Pagoda, the most gorgeous, the most venerated place of Buddhist worship.

Rangoon used to be a favourite port of call for round-the-world cruise ships. Rangoon, is on the Rangoon River, which is connected by u waterway that will pass Irra- sieamers at high tide to the waddy, navigable for 900 miles, Seventy-five years after It bad emerged from ita fishing villuge status, Rangoon had larger than any Indian port, Calcutta and Bombay.

commerce

Public Buildings

save

Shwe Dagon Pagoda, Rangoon

subterranean

BY THE

WAY

by Beachcomber

thing leads to another,

Os the actress said when

the stockbroker fell into the champagne bucket.

An

·FOR THE BUSINESSMAN

Economic Recovery Of World Analysed

New York, Dec. 31-Most of the world has gained a fair start on the road to postwar economic recovery, a foreign trado expert reported today, but there are plenty of rocky detours ahead, especially for Asla.

Walter B. Baruch, president |

"Correspondingly," he added, “our

of the Export Managers' Club of imports ought to increase somewhat New York, notes that Japan has during 1049, as recovering nationa become better able to ship to us. made considerable progress in But our exporto-goods and services the past year. Baruch recently have been about two and a half Imports and He belloves that it can achieve will be a long time

articlo.

Valladolid about omitted to mention that you can see today, in the Callo del Rostro, the house in which Cervantes lived with his

family, occupying four rooms on the first floor. And the returned from a tour of Japan. nice as great ne before any- mention of Cervantes recalled to mo that admirable saying in "Don Quixote": "He who meddles in another's business in milking his cows into a slove." A good motto for Prodnose if he is over given a coat of arTIIS.

begins a of those ox-

a great deal more-and that thing like a balance can be achieved. will be for Asia and the rest of the world, if properly guided and controlled.

Baruch foresees for 1949 a "alight incrcaso" In the dollar volume of U.S. exports to the rest of the work,

YEAR-END

RALLY IN

N.Y. STOCKS

atocks had a

Rapsodic Australienne

PANK upon rank of eggs (imita-with perhaps a slight decrease in and back to Cantonment Gardens. "RANK pon

physical volume because of higher ...thus probably the rhapsody about one

prices. The 1948 total will be about It is a city bright with Ane publie Dalhousie Park la

$12,500,000,000. buildings, and there are some of the finest park in all Asia, and some of hibitions which do so much to I the public squares and palatial real forget what. Now what interests most delightful drives in the Orient,

Денеса

could scarcely be with the exception of Ceylon. de

nearby

me, as one of the stewards of the surpassed

anywhere.

forthcoming Fish

nt Gymkhana But no matter where you go you Cheltenhamn, is who on earth is in Parks, gardens, Jakes give one most favourable idea of Rangoon's

favourite always return to the Pagoda to revel charge of the construction of Imita- A charms. suburban

glided, jewelled beauty on eggs, which may surely be re drive with tourists used to be out in its

garded as an unnecessary luxury 3. In music, what is diminuendo? along Godwin Road past the parade Wherever one goes in Rangoon,

ground and race track, then past the always seems close at hand, as bril at a time when the semi-real thing

a mystery as when firat can be bought

frat!*** Where Is Afghanistan.

Pegu Club on to Prome Road and liont

In powder form. It attracts worshippers Unless they, like the dummy toma- the "Ladies Milc

glimpsed. then past from all over Asia. It is beloved | most Government

House, the Shwo

toes, are made specially for tele- United Dagon

especially by the Burmese to be Cantonment holy, because, in a Pagodn, the

vision, to be the star item in the Now York, Jnn I.-Now York Gardens, and back to the city.

miniaturo year-end chamber, it is supposed to harbour British Council's Autumn Syllabus Another drive, this

relics of three mythical

of Entertainment for Ewedish Lap-rally in the last week of 1940, thus Buddhas ward,

bearing out the 50-year market land.

tradition. who preceded Guatama Buddha.

supposed to have The Pagoda been erected In B.C., the first 580 | Pagoda being only 27 feet high, and WHILE singing the part of Lom-

one Pagoda after

bata in Sporco's La Verruca were built solidly upon Rustiguzzi had to layers in all, we

faint and be it, the Inst one erected in 1504.

nearby carried by Broccoli Into There is no inferior to the pagode castle. But it was discovered at re- Itself. It rests on a great terrace, hearsals that the most Broccoli 300 feet by GB5 feet, and 100 feet could do with his burden was to above street level. The terrace can unclamp, as it were,

one massive only be reached by climbing a series

Jeg

So it was or from the ground. of four long flights of stone and

of the Duke's ranged that a platoon brick stairs, worn by the feet of

footmen

should take over from Innumerable pilgrims.

him,

and Sparco was persuaded to

#

bit of music, based Did

10g The Pagoda itself has a circum-on an

haulers of Pistola. But ference of 1,355

feet or a quarter the footmen were laughing so much Fight

0. Where was Rembrandt born?

(Answers on Column 31

?

north Victoria Rocs through Memorial Park around the lake in Dalhouise Park, past the boat club

BOYS AND GIRLS' MAGAZINE

Shadows Visit to the Fair

-It Turned Out to Be Like the Circus- By MAX TRELL

MOTHER, Father, and the two children all went in the car.

So did Knarf and Flanid, the

it was that If the clubs had been shadow-children with the turned-

divided three-three, or if Jacoby about names. Wherever the children had held the seven of spades instead went, their shadows went toe. of the four-spot, the contract could "I wonder where we're going, have been made. Will

to Hand, after the clubs "Knarf whispered divided three-three, Halpin could Father had driven across the bridge have established his clubs, picked up and out into the country. the hearts, and then discarded "I'm not sure." Hanld answered.

apades on the clubs, losing only "But I think I heard Father say lo onc spade trick. And he would Mother that we were all going to have lost only one spade trick if the Fair."

Jacoby had had the seven instead: "Falr?" asked Knarf. "What's of the four of spades,

Fair?"

R

Hand paid a Fair was like show.

come and "The farmers bring their cows and sheep and all and the other animais they raise on the farm, and they also bring all

the things they grow, such as corn and potatoes, and cabbages."

"Why do they do that?" asked Knart.

The loss of this match gave the eastern team consisting of Georgo Rapee, Howard Schenken Samuel Stayman of Atlanta the world championship team-of-four title. The Chicago teum of Arthur Glatt, R. W. Halpin, Ralph Kemp- ner, Jules Bank and Oswald Jacoby had to be satisfied with secondi place.

CHESS-PROBLEM-

By P. BARRON Black, 3 pleces.

2

White, 1 pieces.

While to play and mate in Iwo.

Solution to Saturday's problem:

J. Q---Us, any; 2. Q, or B mates.

CROSSWORD

Across

1. An arresting place coat a police

station) or a rum dos ? (54)

6. Ciumay, (U)

10. 60 tong 1 (6)

11. To return to an essential oil. (•)

12. Bort of day that

rpach 7 (3, di

15. French measure, (3)

ATKA

$

10., Attached 10 dbor i indicates somebody of Importance (43

17. in sporting circin iv in foul. (6)

10. You may sell by theas measures

14)

22, its bridge crosses the Pirth, (3) 71. 8pins out. (4) 24, žlurtices. (6) 36. o 10 Down.

20. 8oak. (3)

1. Buroty. (9)

Lowas

2 Attempt, 1973

J. Where kidre may be found. 15)

4. Found in softer surroundings.

13)

D. Almost a miss. (b)

1. River of Scotiana, 10)

B, in which you take a chance. (7)

9. May be found in the

Chamber, 44

Upper

13. The sprite shows itvalinoes this

WAY.G

14, Odaren hard rat. (8) ►

18. and 20. Inasce oltán found do

Aust, Chopped up tajj-41)

-Let Krempkin. (6) 2

and

another, seven

Dazzling Effect

Rustiguzzi

write speck-melody

д

of the

one

of a mile, and it rises 370 feet whole that they dropped her. She had to the Pagoda platform. The whole surface is

with plates of be dragged Into the wings, while n overlaid pure gold, and in the sunshine the ribald audience roared the Volga effect is dazzling Indeed. The tip of Boatmen's Song Aa-ha-haa-haan,

matau-hu-hoa-haast crowncu the towering structure is

umbrella by a gilded fron tip or from which hang countless gold and Fun for all

silver bells heavily

encrusted with

Jewels.

carvinga are in-

credibly beautiful,

some

very sweet weird, THERE is something

and old-fashioned in the claim always fas-that the new telescope at Palomar some wonderful, but cinating. Marvellous towering trees will "try to discover the nature of that it their crests for more than the Universe." I have not been so a hundred feet above the terrace exelted since Slobov found a soul make a superb setting for the gor- behind the moldivial gland geous spectacle of the encircling plumber's knee-cap, and was only Pagodas.

prevented from dissecting by lack of suitable instruments.

(Tomorrow-Selance At Work)

There was a big tent at the fair.

Mother, Father, the children and Kharf and Hauld all got out of the car and joined the crowd of people going to the Fair. Inside the tents, they saw cows and bulls and calves

sheep and pigs and goats and YOUR BIRTHDAY. chickens and ducks and geese and A Big Meeting "They do that," said Hanid, "le turkeys, all looking big and fot mad proud to be at the Fair with the show what good farmers they are pre

who had raised them. and how well they can do their farmers

of fruits and work-A-Fair is like a big meeting. There were baskets

to show the vegetables, all looking-so-delicious The farmery

como things they've grown and the city that everyone wanted to taste thein people come to look. We're going at once. to look," Hanid added.

A

And also Hand went on, " Fair is a little like a circus. Fair has always lots of fun,"

Knart was

about to ask more

n

U but just then the car

a big, open field on which tenta were. Lafl great inany standing, with flags and banners Bying everywhere. They were at the Fair!

Rupert and Margot-31

The streamt is not Blowing fast, and the wind fi strong enough to take the little boat against it without their having to use the oar The three päls leave Nutwood behind as the river winds into distant country. first between hills, then the banks. become rocky, and at last the dark towers of the great castle, appear shead of them soaring up into the

This is getting exciting. sky.

says Rupert, "I wonder if the giant has seen us coming along."

ALL RIGHTS RESERVED

RED

RYDER

BY THE TIME RYDER ANDS OUT THAT THE INJUN CHIEF

19 DOPED, WE'LL BE FAR FROM HERE WITH OUR

FURS, KILLBEAR?

time.

in a

By STELLA

נוס

"A wide difference is obviously unhealthy, especially one that has been under way for some 10 years already. The solution towards which alt should strive is not for us to export less, but to import more. Granted that a lot of the difleully stems from the recent war,

think almost every nation would increase its shipments to the United Statee by improvement of its salon

methods."

A DECISION

As other nations recover econo- mically and increase their exports, Baruch said, they will face a decl- sion whether to restrict their im ports and thus build up reservez of cold and hard currencies.

it

·Some countries are already trying · this, he added, but "I do not think It will become a general tendency. The world no longer thinks in terms of

content to live from thrift, but hand to mouth."

Baruch expressed the bollet that one of the biggest problems facing the United States is to determine Trading Increased on the recovery,

the future scope of the Economic but the higher volume of business

Co-operation Administration was as much representative of sales Eut

Europe.. This country must "foot for establishing tax losses or profils

ho its way,

sald, in determining as for buying for long account. Tax

whether to discontinue ECA expand sales for profits were

especially

it to cover other parts of the world, heavy Thursday.

Later many

05 curtall it gradually. cosh transactions reflected profits

"Wherever and whenever ECA là realising

was helped along accomplishing its The Hist

of restor- purpose by a sizable rally on Wednesday, Ing productivity, it is worth the when proats-taking relaxed,

tremendous suma It is costing us, Utilities made gains on Thursday and we should continue it." he said. on the belief that the group was "But the burden is.

I heavy, and recipient countries oversold in post-election quidating feel that the Hall Issues logged. There

was should continue to mako utmost selective buying of many individual efforts on their own behalf. As they Issues, notably high-priced chemical do so, perhaps we can make pro- front, which helped to sustain the gressive reductions in our ald, other- Industrial overngC.

wise ECA might come to an abrupt stocks were making small end, which would Jolt everybody Aries, industry was setting all-concerned."

time records in many lines. Steel

ASIA IN CHAOS operations for the year set a peace- time record.

The

automobile in- Baruch belleves that it would be dustry's output for 1940 rose to the physically impossible, and perhapa. second highest in all history.

even unwise, to try to create a Records were set up by such im full-srako Marshall Plan for Asin. portant Jincs

electricity,There is plenty of room for Amer!- petroleum, retail trades, gasoline

can help, he said, but large parts and construction.

of Asia are so deep in economie and political chaos that dollar help would be largely dissipated.

"Besides". he said.

and

Declines for the year were noted in aeroplane production, output of anthracite

bituminous foreign trade and car loadings.

Gains were noted in bank clear- commercial loans, currency in Inga,

The circulation and gold stocks. last-mentioned hit an all-time high no other nations sent gold here for our dollars.

the

TE

...

do any

where near an effective overall job in Asia would take so much money that we would have to give up including nearly everything else, ECA."

Baruch said he would not favour on ECA for Japan, but he thought that some limited loans to Japanese Wall Street experts, looking into

future, anticipate modest Industry would stimulate produr setback in business, reflecting read- tion quickly, provide goods which justments rather than a recession.-; the rest of Asia and the world need, United Presi,

"burden on and ease the occupation

HONGKONG SHARES

MONDAY, JANUARY 3

much too PORN today, you are one of those personal loyalties are Djolly,

Boula strong. happy-go-lucky

"You are one to make ex ceptional where talents make it too easy for

sacrifices for your own you

You in life without family and those you love, to get along there were

But if you are Knarf noticed that

much hard work.

capacity for a yourself, have the great

this does not love, but if blue ribbons around some of the content to just get along, don't ex-

there is a animals, and aver

of the pect extra-special success! Cultivate terminate in marriage, some

definite possibility that you may baskets of fruits and vegetables specialisation to one job at

Underneath the exterior with fortunate in love during your youth,

have never wed. However, if you are The turnover on the Stock Ex- He asked Hanld what that meant.

a rather serious nature.

change this morning totalled $294,- an exceptionally 400.00 Transactions Best Animals

exercise in the proper direction, it you will have might even be called a profound one. happy home. You will prefer to lva. prices:

only, your very closest friends in the country where a garden and But may kn

know this, and casual acquain-

a house full of children and pets can tances are estimate rather

more likely to under. All your leisure time.

than overestimate

To find what the stars have in you. This, of course, gives you an advantage in competition If you store for tomorrow, select your make the fullest use of it.

birthday star and read the corres-

►

"It means," Hauld replied, "that farmers have won some of the prizes for raising the best farin animals and growing the best fruits and vegetables."

The Fair was really like a circus too.. Knart and Hand went with tho

children

the Merry-Go- on the Roller Round. They rode Coaster. They went up in the Ferris Wheel. And they ate frank- furters, popcorn and lemonade.

Father

on

of

ຄ

bought a big basket apples. Mother bought some pump kins. The two children bought tin of maple syrup and a jar of honey. Knart wanted to buy a blg bull with a ribbon around its neck, but Hanld laughed and said there any room for it. Besides, Knart didn't have any money, and besides, the farmer didn't want to sell it.

But they all had a wonderful me at the Fair.

CHECK YOUR KNOWLEDGE

But you never will take undue ponding paragraph. Let your birth- advantage of others since your day star be your daily guide..

CANCER (June 23-July 23)-A day if you particularly successful have dealings with the fair sex. It's "their day" all around!

TUESDAY, JANUARY 4

CAPRICORN (Dec, 23-Jan 20)-A poor day for progressive action in anything. Guard

your resources; Keep enthusiasms in check.

AQUARIUS (Jan. 21-Feb, 19)—— Moderation in all things especially if you of the fair sex get a yen for a shopping spree! Avold ex-

travagance.

П

PISCES (Feb. 20-Mar. 21)-Push your plans and anticipate success.

dealing with In

others, gain strategle advantage.

ARIES (Mar. 23-Apr. 20)--Minor annoyances are likely, to mar this day, so don't be too upset if things go very slowly,

TAURUS (Apr. 21-May 21)-Take of detall matter; stltic close to 3. Gradual decrease in volume of the job; see that everything goes

Mostem well. Don't jeopardise the future. sound, 4.. Afghanistan is a

GEMINI (May 22-June 22)-This India and kingdom lying between

for soclat day than Iran. 5. The Metropolitan Museum is a better

Friends may be helpful, of Art in New. York City. 6. At business.

but be very careful in all things. Lelden, Holland.

Answers

t. Brooms and brushes. 2. Rain,

WHAT ABOUT COYOTE,DOC COLD?

care

Chief First

WE'LL FIND HIM/ HE AINT PAR AND MAYBE WELL

RUN ACROSS HIM?

THERE

JOUM DOC COLD AND KILLBRAR,

RED RYDERE

LEO (July 24-Apr. 23)—Romance is in the best light right now. There is a feeling of change in the air. Making plans for a wedding?

VIRGO (Aug. 24-Sept. 22)-Bo moderate today and you will avold Smooth out any antress.

now.

LIBRA (Bept.

$3-Oct, 23)- Publicising some new idea should

profitable results bring Publicity is a fine salesman.

·SCORPIO (Oct. 24-Nov. 22)--The new invention exploiting of some might bring you exceptional ad- vantages. Romance is favoured now

SAGITTARIUS

23-Dec. (Nov, 22)-Merchandising, especially in the field of common commodities, appears much improved.

also.

By Fred Harman

I'LL CATCH'EM LATERA IM TAKING CHIEF BIRDFEATHER TO A DOCTOR!

SHARKS

BANKS

HK Bank

East Asia INSURANCES

Canton Union

HK Fire

an

порн

the American taxpayer.

the

Japon needs

plain old get it

and

"The

and I think.

want ships,

I believe they should have them,

so long as their shipping does not endanger the security of other na- tions or work to the detriment of her neighbours in Asia.

an

JAPS' FREIGHT BILL "Jopan in at present paying estimated dcean freight bill of some To be more DUYERS SELLERS HALES | $125,000,000 a year..

4 4 1810 Prelse, the United States is paying the bill for her. This bill could be cut in halk if we could lend Japan enough money to

1010

-143.

365

720

DOCKS, ETC.

K. Wharf (0) 130

Dock....

20

Provident

103

S'hat Dock

11

IK Liotel

13.40

LAND, ETC.

JK Land S'bal Land UTILITIES

Trem

C. Light

20.30

ខន្ធ

C. Light (Ita)

Electric

30% 341 Macao Electric 20 Telephone .......... 33% INDUSTRIALS

Cement Nope STORES, ETC. Dalry (0) Watson (0) ..Watson (N)

15-1820

the

Liberty to buy, say, afty of and Victory shipp that we have laid up in our "mothball ficet." I doubt that

hat the ships will ever de un anciently and make The Japanese good. could use them

money with them to

repay us and

have a fair profit left over.

15.40

151

1000

be

**9

"Another good bet for Japan will

to encourage the tourist trade. This is one of the cheapest and

350 a 20.30 safest ways for Japan to get dollars,

but 15

14

at she will

quick

need somo capital to build the hotels and other

15 faciles needed to

500 2.15 4147.10

4119 421$ 1000 @ 42

12 03

| dollar-carrying toccommodate the

Baruch

"greatly

taken to

tion ou

from Japan by the steps

Japan's "economy to private hands. Comparing the situa

with a previous visit six months previously, he said: "I found

ound more consumer goods available and more 200 80% people gainfully employed now? The official course of the occupation: government is to restore business to

500 45 BOO EX

Central Bank For private enterprise, and 80 percent of

Philippines

3,--Tho

Japan's

private exports are new

handled

to

LESS SUSCEPTIBLE Central Manila, Jan,

"Communist activity has met with Bank, which was created by n law stern resistance from the Japan coo The gains their country passed by the last session of Con-people. gress, will be formally inaugurated has made under the occupation. by President Quirino this afternoon, government apparently have made

the outgoing the Japanese boss susceptible At the same time,

MrMiguel Communist propagandast he was Secretary of Finance,

will be sworn in as head Cuaderno, W

Baruch emphasised of

Institution not recommending the rebuilding of new monetary

Japan with the title of Governor.

which would be accomplished The Bank is designed to bolster at the expense of other Asiatlo na- the general economic condition of the tions that were U.S. allies during Republic and, among its tasks, it will the war. undertake the financing of various rehabilitation and reconstruction projects-United' Press.

Exchange

Rates

"On the contrary," he said, think we all want to see prosperity for the Chinem, the Indonesians, and all the others. We want to give them every help which is con sistent with our ability, and which holds promise of permanent benefit.

"I have referred; specifically help for Japan because I bellevo that

chastened Japon can be help 200.00 ed back on heret and become a 74.00 peaceful, produl.ve part of the $3.00 world's economic machine."-United

Business was done in the local un

market this morning official exchange

at the following rates

Sterling pound note (per (1) .........

U.B. doiler iper #1)

Cold bars (per labi)

TIC plasters (per 100)

Siam ticals (per 100) NEI guilders (per 100) Gold yuan

16.20

0.01

34.00

Д

At Press,