1949-06-01 — Page 7

BH THE HONGKONG TELEGRAPH, WEDNESDAY, JUNE 1 1949.

FOR YOUR SPARE MOMENTS

MCKENNEY

ON

BRIDGE

Makes Small Slam

Without an Ace

Goldberg.

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Opening-A

BY WILLIAM E. McKENNEY IT seems only a short time ago

that Bobby Andrus waa picking up score slips for me at

Then suddenly tournaments. saw young Robert Andrus play

T

YES YES,OF COURSE! STRANGE IPIDN'T RECOGNIZE HIS STYLE

Check Your Knowledge

was 1, What relation Napoleon III to Napoleon Bona- parta?

2. From what is turpentine derived?

3. What is the meaning of the expression "de bonne grace?"

4. Name the gulf which lie between the "heel" and the

of Italy, "toe" of the "boot"

generally 5. What name is

whita raco?

the role of Clarence Day used, to designate the

With Father" In New York

Bob has kiblized the best play. crs in the country at tourna menis. He says he never will for -get the time he anw Iterman Goldberg of New York City get to six spades on today's hand, off all four aces. To Bob's

contract.

0, Faxan is a character which of Dickens' novels?.

(Answers in Columin 4)

in

LAUGHS LAUGHS AT LIFE AND

BY THE

WAY

by Beachcomber

FOR

US Interest

In S. Africa

Economic Journal's Supplement

New York. May 31,—– The Journal Of Commerce today published a 60-page magazine supplement en- of South Africa Economie praisal.

SUET, Eaq, has sent Ce out the following direc LAUGHS AT HIMSELF ENOUGH OF ACTION near the Elephant and Castle tive: "Units of personifiel tavern. In 1930, it is in no con must ut all times remember. By Edward Lýðall (Jonathan Cope, 10/0)ventional way a murder or de- that while it is advisable to

tective story. World affairs TIDWARD

LYDALL, entered overshadowed the crime in the attribute the present pros E

uited Union Service after newscapers of the time, but Mi perity of the country to the Civil Marlborough and Cambridge. Hutchinton, with his novelist's Sociallat planning it is in- lle was Berlin and Vienna interest in people and their advisable to blame Socialist In the twenties, Rome in the motives and troubles, went to thirties. Later during the war Southwark, uncovered the full planning for the present ha became Second Secretary in history of the affair and the lack of prosperity,

using "In explaining why we have HM Legation at Kabul, then written this fine novel;

centuries of President of the Manipur State be full and true story of what recovered from

essential t to Council. But such a sketchy happened to one group of people Tory misrule, it is outline gives no idea of the ns war threatened to envelop attribute our non-recovery author of this entertaining auto the world.

Lydall loughs at life and

this he laughs at himself, and brecziness must win the reader from the first few lines. Travels ling widely and remembering hundreds of incidents and con versations, the author has given, lovers of light reading and auto. blography a happy and optimis- tle book that they can really en- joy ELEPHANT AND CASTLE By R. C. Hutchinson (Camell, 16s.). Although this is the story be hind a murder that was

Planned in 1940 but written Tory misrule. Therefore, with

after the end of the war "Elephant And Castle is a tragedy taken, right out of the

It is excep- life of London. tional for its realism, its charac ter portrayals, and for its dramatic quality.

Ane

on

án

-on

America,.We milst distinguish between the Sociallet responsibla triumph which is for our prosperity today, and the Tory failure which accounts for our deponiderice on all tho help we can get." Mistaken identities.

NOT NEGOTIABLE

Mustelans agree that! Einstein By Manning Coles (Hodder and Stoughton: 8/6might have been a Kreller

(Morning paper). The peene of this new Tommy

havo Hambledon thriller is postwar ND then he might.. Brussels, where, a counterfeit undergone the humillation which befell Kreisler when`a` gang are making English

flamboyant girl shouldered her notes. Tommy is working donet the case with

party Letord of the way towards him at e Paris Surete but before the case and said, "I just wanted you to can bo

brought to a just con-know that my husband and clusion there are many encour never use any make of car but

moments. This gang

was formed by where was this party, pray? the desperate Geering and Himmler as a Ges- Myself: Swindon. At

In a back street in Southwark,

amazement, Goldberg made the BOYS AND GIRLS MAGAZINE

In connection with the bid- ding, Goldberg said it had been a long evening, and it was the last round. Getting average on this board would mean nothing, so when his partner supported his spades, Goldberg in the North plunged to six. He followed the same theory in redoubling. If he were set at six doubled, he might as well be set redoubled.

of

East had a choice openings The fuck of spades could not be the right opening He might make the ace of diamonds, but with only three hearts in fils: hand, it seemed more likely that he could make the nee of hearts

But Goldberg of course trumped the ace of hearts in

of dummy, and led the king clubs, West went up with the ace, which Goldberg trumped. Then he trumped another heart In dummy and led the queen of clubs, on which he discarded-the. six of diamonds from his hand.

The seven of spades from West dummy was his next play." won this trick with the ace of spades and returned a diamond but it was too late. Goldberg trumped it, ond made his emaż- contract of six spaden ing doubled and redoubled without an nes in either hand.'

CHESS PROBLEM

By M. de MORAES ~Black:-8-piecea........

R

.८

White, 10 pieces, While in play and inate in two. Solution to yesterday's

problem:

1, Q-Kt,a; 2, Q; 'R, Kt, or

males.

CROSSWORD

6:

-L. The dog tand;"in" lor • change

sid ·DOW' Kirmen/hate it. (9)

take it on the puz. lb-43

General Tin's Good Friends

-Two of Them Lived in the Pantry-

By MAX TRELL

«YOU'D

ba

surprised," General Tin the fin soldier. "how many good wap saying. friends there are in this house,

Knart and Hanid, the shadow- the turned- children with about names, looked at General Tin-with puzzled-expressions.

"Good friends; Gentral Tin?" said Hanid. "Everyone in this house is good friends, even Fooh-Pool the Poodle and Purr-Purr the Kitten."

5-18

"I'm not talking about cats and, dogs," replied General Tin. "And I'm not talking about Mother and Father and the Salt and pepper shaker were

- friends of General Tin's children. I'm not talking about Alphonse, and Suzanne the golde fish, who are very good friends

place Indeed; nor about the toys in the very best of friends. There's the playroom. I'm talking about hardly

1

where one

T

deals

The supplement with the Union's economfo palloles, resources, services, Industry, and foreign trade, and has a special exporte and Borilon on Imports to and from the

United States.

Included in it are- articles by the Minister of bank Economic Affairs, offlefals, and the Union's Secretary for Finance/- Unlied Press. '

RUBBER

THE BUSINESSMAN

Anglo-Argentine Agreement On Trade Exchange

TECHNICAL COMMISSIONS TO WORK OUT DETAILS

Buenos Aires, May 81-A brief, official !communique said today that a tentative agree- ment had been successfully concluded between Britain and Argentina, and that joint tech nical commissions would be set up to complete the details.

The Minister of Economy, Senor Arès, said that under the agreement, which will be signed soon, the tentative amount of the export-import exchange had been fixed at 3,600,000,000 Argentine Pesos...

Yearly shipments of meat would amount to 300,000 ton5.

Benor Ares said that the Ar-

DROPS TOgentine and Britain would seek

NEW LOW

Now. Tork, 'May 31-Number 1 contract rubber futures today closed 19 to 24 points lower on

ters with the enemy and many Tostania: (sarcastically): Andales tolafilig' 45 ́contracts.

tapo Unit to facilitate the "buy- Natchlott Memorial Hall. It was Ing" of art treasures and other at this party that another girl Epstein and valuable loot and also to depre-approached Mr

Hela- clate the currency of the Allied said, "I

Dre your nailons. In

the 1045

gang Uvil's do so adore.

10 Prodnose: Anything else?.. with

Myself Oh, yes. A third gir! Tommy Hamble-approached Arnold Bennett and "Mr Lincoln Bennett? don goes to Belgium to try to sald,

splits up but still continues flood Western Europe forged notes.

some traces of the organisa- What's new in the hat world? tion, he is up against,

a really good thriller, Shyness

get

This is a

well

constructed

with Interesting characters and

*

writer,

an absolute balance. In Ex- change in order to avoid the actumulation of balances ... of either Pepos or Sterlitz.

said regarding gold guarantees that Argentina had proposed a satisfactory formula, which Britain had approved, whereby Argentina would be "safeguarded against any ever-

Futures dropped to now sca- sonal lows today after the price in the Far East had plummeted tuality."

to

Under the agreement, Britalo

а provido total. of closed 7,200,000 long tons of fuels at the futures international market prices, in- averaged cluding 5,700,000 long tons of quid fuels and 1,500,000 tons of coal.

to the lowest level in more than a year on Saturday.

Despite the fact that London is and Singapore market today with galus, price at New York two cents under the government synthetic price of 18 pounded rears of devolua-

· Argentina will supply about

and

Israel To

Buy o

"Hard" Goods In UK

When Sterling Credit Released

London, May

Israel will bay durable consumer goods- trucks, building materials, and pipes in Britain as soon as the first instalment of her Sterling credit is, released, an, farmell Eovernment official sala, you

official sald today.

tion of sterling, lack of outside 1,000,000,000 Peson worth of

hideh Linseed, intercat, and the postponement grains,

for feeding stuffs.

Mr. David Horovitz, Director- plot the "CHYNESS," says

General of the Israeli Treasury to "makes people do awk of government buying-

: Behind the three months of and head of the Israeil Financial fest throughout movement is

things with their hands stockpiling all combined and up to the high standard ward

had an uncle who weigh on futures

Brokers pointed out that, sterile wrangling which have delegation in London, told of his room full of that Manning Coles's fans ex- and feet

used to enter a pect

company walking on his hands, or on all fours, and barking like a dog." And I had a niece who always was so shy that she came down the chimney, carry- ing a small model of a gasworks ther declines unless

(Tomorrow-Recorded Afusio) - CHECK YOUR KNOWLEDGE Answerg 1. His nephew, 2. From. pine and other resinous woods... 3.

He country's plans at a news con

ference today. ‚r Vo

the agreement, the shorp drop in preceded despite

they are much larger lasues,

He said that there were be futures in the East,

Perhaps the chief factor which still about 1/4 of a cent above local prices.

has delayed the agreement has tween £30,000,000 and £35- 000,000 of. Sterling balances re Some, quarters look for fur-been the obvious breakdown in maining and that the first In

a strong the old pattern of world trian-stalment of £6,050,000 would be

With good grace. 4. The Guit4nd introducing herself to the bullish influence comes to "tho | gular trade, Before the war. released within six months.

Stockholm. of Taranto, an inlet of the company as the Maharajah of fore, Tonlan Sea. 5. Caucasian. 0.

Oliver Twist."

some other folks who live in this stands where the other, doesn' YOUR BIRTHDAY.

house."

Knarf said no one ciso was Ilving in the house.

"You're wrong," sald. General Tin. This house is filed with other folks."

At this Knarf and Hanid both begged General Tin to tell them who the "other folks" were.

stand right next him?"

"Who are the shakers?". 'Hanld asked.

"Salt- Shaker," answered

General And then there are

Shaker.

the Foot Brothers and the Hand sisters They're all the best of friends."

"Foot Brothers? Hand Sis ters?" said Knart.

B

18.38 nominal 10.02 traded 16.47 nominal 16.37-42 traded 14.38 nominal

Pricea closed ns follow:- -fLondon Express Service) June (in cents per

By STELLA October

b.) July August September

November

December

January (1050)

10.31 nominal

February

10.10

March

10.11

April

10.00

May

10.01

10.00

18.01

WEDNESDAY, JUNE 1

Bro worden

10.31

10.26 bid

13.80 United Press.

LONDON MARKET

Britain had

a convertiblo cur- rency and Argentina turned her favourable trade balance to dollars for the purchase of oil, electrical machinery, cars, and farm machinery, in the United States..

Israel would apply for further releases at the end of that period, he said.

Mr Horovitz said that Israel's re-entry Into the Sterling area had not been discussed at the recent London 'talks between the Israeli and British governments. Britain has no dollars to spare He said his government "docs now, and has offered to replace not discuss hypohetical ques Ule old system of blocked ster-tons." ling balance held in London with complete parity in trade.

Mr Horovitz also said thiní · claims and counter clalins be-

tween Britain and Israel in con- Another reason for the delay nection with the winding up. of in reaching agreement has been the mandate would begin in Tel-, Argentina's demand for higher Aviy in the next few weeks. prices for her, products,

we shall maintain the pre- London, May 31-Prices in the

Britain's contention has been that general, one viewpoint is rubber market here today, clowed that the enormous. Increase in sent rate of exchange" he said, 1/16th higher as follow:-

arises from internal Indation, Intention" to devalue the Jewish

Pound July (in pence per lb..... 10-3/16 production costs in the Argentine there being "no inclination or October/Tecember

for export which

purposes, January/March (1950)

of a He added that the matter, should be met by a corrES-

not Bgreement had pending devaluation of the peso, trade

arisen.

"We" dre ́n very young state PRICE DIFFICULTY

Tin, "and Pepper ORN today, you are the per- you make the best possible_usa

manent optimist when it of all your talents: Things June comes to achieving your goal ay not always go smoothly, July

your fortun you believe in yourself and but you will find,, upon careful August your capabilities and expec: 16 analysis, that inake the best of them at all seems to come in cycles of three. times.

often There is never anything stuffe This attitude In The Pantry

makes you

appear, haughty, or routine about your life or Generái Tin miled again. Actually, it to merely an ex- work. You see to thh! Contin- General Tin smiled. "Now The Foot Brothers are named pression of your self-confidence, ual change and Interesting draws in- events, are breath of life to you. let's see:

First of all there are Right and Left.. They're shoes.which Inevitably

one fluential and important people

highly You the very good friends who live They always walk out,

circle of friends. In the pantry.

Into your For years, and after the other. The Hand Sisters

Your ideas pre usually scaled domestic and love your own homo and family. You will carry years they've been having din are gloves. They always go out ner together and breakfast together, too. Then there are to large format and you

to a

Being many of the artistic as well as and lunch too. They are Knife Pen and Ink and Pencil and heartily dislike dotall

you care little for managerial gifts into the home independent, and Fork and Spoon."

successful hostess. For happl "Ohl" exclaimed Knarf; "Here Knart and Hanid inter- the opinions of others and will front and should be a very

make your own decisions ra

how

much advice you iesa, marry while young so that didn't know you meant that rupted to say that they thought

matter

ding: Ex-- your family will be growing up some of the "other may appear to be taking are with you. kind of folks."

they knew

deptionally folks" in the house,"

intuitive, you

To And what the stars have "Are Lock and Key good itble to stay one or two jumps

for tomorrow, select friends?" Hanid asked.

ahead of most people and this in store

Lel Elves you a distinct advaning your birthday star and read the when it comes to competillat corresponding paragraph..

-The prospects for a sucessful your birthday star, be your daily lifo are excellent, provided gulds.

.

"Don't they live in the houso As well as anyone else? Of course they do! And then there are the two shakers. They're

Rupert & the Arrows-5

الشريف

Pen and Needlo and Thread."

Bes

"I should say they are!" said General Tin. "And so is Door. They wouldn't think of leaving Door out,"

"AndTaro Bread', and. Bulter good friends?" asked Knarí,-* Others Join Thom "Certainly though now and then they lat Jam or Checsö join them."

Both

THURSDAY, JUNE 2

-10%

1041/10: United Press.

and we are working out our

Firm US Stand Argentina bas flatly refused trade polley, We do not want to.

Against Free

Gold Market

*

commit

matic

mit ourselves in: the-first to entertain the idea.

Before the agreement was mentiis of our existence" he ex

abbly the blupping reached, Britain was said to be lained: gewe,.. muxious to get the entire Argen tine meal surplus. Leaks from ot ships in the Suez Cabal by- government sources indicated Egyptian authorities Mr Horo that she planned to pay a price vitz sald: Foxen rare

Probably political and diplo increase rising in value accor-

steps will be taken to ad- Washington, May 31 The ding to the quantity shipped, just that situation. It is com

of the executive but whether she will in fact-do firit stand

conditions which branch of the United States this will not be known until trary to rovernment against legallation details of the agreement are Egypt accented In the Bhodes agreement not to commit any hostile act against this coun the belief that unsettling effects

try of an open gold market rests on released, United Press

and economie: repriania He said on the monetary situation would "any advantages

would be difficult because there far outweight which might reguit from. The

was no economic contact be- tween Israel and Egypt.--AssO. clated Press..“, daction."

GEMINI (May 22-June 22)—÷BAGITTARIUS. (Nov. 23-Dec. He conildent of future business,, 22)Business as well as roman- partnerships are highly for today's changes are very:opt-tfo

favoured at this ilme. Seek to bring intrahied: Income.

CANCER (June 23-July 23) and and happiness.

favoured. You homemakers Continue what there was many more good friends. For are especially blessed with good in yesterday's efforts, Aña the benefits of romance. Hap Instance Chairs and Tabic happine

reminded

LEO (July 26-Aur. 23) piness in store. "and Tablecolth"

Guard against being impulsiva General Tin and Floor and Use your full energies. Be AQUARIUS (Jan. 21-Feb. 181 Carpet and Lamp and Night, optimistic. This is an excellent and Candle and Flume, and Cur day, Make use of it. Good for either in business or romance

It is fatal to both just now!

20-Mar 21)--- PÍSCER (Feb. Hearing woscia, two other little and Saucer, and Piano and weddings, loo

26-Book 22)

a vacation outdoors pala appear, and next moment Podgy unic.

FA-VIRGO -(Auss

by water, your plans Romance and business may be. and Pong Ping join Rupert besids.

.need

be sallstactorily If papers, "And Hommer and Nall combined. the pond "What a topping beilį!!). lanya: Podgy. Cam Can't we hava sald Knart at last.

22-Apr. 20) ABIES (Mar. 22-Apr. Yea.

(Sept. 25-Oct. 23) pic Rupert. But General Tin shook his signing, do so now.. There are fout of la, We'll DAY

moodison. Mall-order advertising can bring bigsiden. But when he looks bead. "No, they're not friends

B Vacation by set increased business at this me. matters" are round" hends that Bingo his at all! Would you like anyone

es and drove you

SCORPIO (Oct. 24-Nov. 22)—— TAURUS (Apr. 21-May 21) the matter with thet brainy papa" wordTE BLENDE Lake Pong-Fing. He's very odd Thou

And Khart hid Han'd had to ritten contracts or signing All partnership matters, be they

favourably conducted today," agree that General Tin was important lellers can be effected in business or marriage, can be satisfactorily now. Be ashite. clever, people often, are.”. MARIQUTS:ÀSSZATED, AN

Krarf and, Hanid thought of a cial and business” tronus... - CAPRICORN (Dec.za.Jan. I standpoint of national gold pro- |

{strollad~~-away-und-standing who knocked you on the hand

MY An

Haring moodily at the sky. "What's

Ordained -ne la bure kumares.today,/murmura Rüpert.

, the 'sailor exig, (9)

"Chob up very""antif.

A vile diference in covering.

1 They could reprekenNS IKOSE,

aptysine two, this

To graut bermi-don.

irregular but 1. Bold by Nitory.

In child furn to the 'n bore.

right

BRONCHO BILL

"ON NIGHT PETROLI

VO OF BRONCHO BELDS, RAMBOR

•

Daw

vary obânded consecrated

OUR WOLF

into a piece of

.

n prospect,ovanto Umut. Social and domestic fas

Inches From, Deat

WELL: HIT THE

FURTH ON- LETS GO!

com-

By Harry F. O'Neill

HONGKONG

SHARES

the

The presumption is that free trading in gold would encourage

would The turnover on the Stock NY FOREIGN and that gold prices quickly

cause a malaligament Exchange this morning, was speculation in many currencies, of international exchange rates. $587,753.00. Transactions and

However, oficiala

discredit noon prices; KAN EXCHANGE

the "reality" of extremo high gaARES BUYERS BELLERS · JÅLES prices now reportedly paid for BANKS gold, in some foreign countries

110

50

1640

3:25

320

235

225

HKC Bank, 1650 1075 50 @ 1040 in terms of dollar equivalents. -East Asia

Canton They attribute the reports, for INSURANCES example, of Indian trading at

Union US70 per ounce to the complexi

les of international exchange

Asla Nav. transactions and legal obstacles 81IPPING

10% [O] DOCKS, ETC.

K. Whart to International movements gold rather than to traders'

The fact that gold in immense Provid estimates of "real" value,

to move to continues to quantities the United State is said to mean wheelock thet legal gold to the Dollar LAND T

HK Hotel 12. Land relationship of US$35-per punca is regarded as "real" from the standpoint of world, economie estimation of the purchasing. of the dollar-United power

NY Seeds And Oils

N.P. Whart

Provident Sha: Dock

500 7

12.50 12.00 1000

Shai Land 3.10

UTILITIES

Tram

Star Tury

C. Light (0)

Light Bla

101

Prices

2800

Closing Prices. May 15

Argentine Peso (Oficial) USB10.2017

Argentine Peso

pimetaly!

'Australia

Draai Belgium Салена

Chillo England

France India Mexico

at 11.20 New Zealand- Peru Portugal 1280 South Afri

B1 Sweden 340 Bitzerland 2000 7.5.45 Uruguay

· 1000 @ 3,50 Venezuela

2000 13

14:20

Netherland

United Press

2800 14.10 2500, 69.14.00 10.20

Exchange Rates

CASTO

morning at the: asteriingtipojindu

Singapore