1949-06-29 — Page 7

Hongkong Telegraph 港電新報 士蔑新聞 All

THE HONGKONG TELEGRAPH WEDNESDAY, JUNE 29, 1949.

FOR YOUR SPARE MOMENTS

.MCKENNEY ON BRIDGE

Tricky Play Sets Game Contract

AAJ

632

KJA

4KQJ7

Landy 47

A 10000

N

❤AKQJ

104

42

W E

005

4943

$ +752

Dealer

A32

AKQJ

97.

• AQ100

Rubber-E-W vul.

Bouth

10

ZV

Pass

DUMB-BELLS

THE HAND

LEVER BRAKES

THE REAR WHEELS ONLY

BUT THE FOOT PEDAL BRAKES ALL

FOUR- 19 THAT CLEAR?

YES! BUT I'D RATHER

NOT HAVE ANY OF

THE WHEELS BROKEN

MIDWEEK BOOK PARADE

DON BRADMAN'S LAST SEASON RECALLED

BRIGHTLY FADES THE DON

By J. H. Fingleton

(Collins, 12/0) ?

THE Australians' tour of 1948

BY THE

WAY by Beachcomber THE following significant During the filth test, at the| passage from a lending Oval, after England had been article in the Jamrad Jokhta dismissed for 52, Bradman came (the journal of the Afghan out of the pavilion to make his Navy) speaks for itself, but Last appearance at an English not for me: Ghazi bustan ground. will live in cricket memory "He came,

vemyl "Zaucy a the, athletic shutargi for many year-and for many ngurs down the steps, and he Arisaca 'Vlobster" wana han reasons. It was the last opper fingered his cap to the applause Kandahar, kalu bist landi tunity for Don Bradman (now, as he made his way to the diaram. As I haven't the of course, Sir Donald Bradman), middle, his trunk slightly bent faintest to delight and thrill thousands forward off his legs. The recep

idea what this of English cricket lovers, and the tion he received must have been means, no Seymour Hicks Jant

opportunity for an English embarrassing for him. It lasted

used to

when sny

ke team to match their sich and all the way to the middle, and recited a "Czech poem," experience against the brilliant there Yardley shook Bradman wo will turn to mat.

and

Bradman took the legendary "Danship of by the hard,

tera more casily dealt with, "Don".

guard, looked about and settled The

author

la himself a well himself. Hollies bowled him smiling through our tears as known

Australian cricketer, and good one which Bradman played we do so, for we are jolly Wils 18

is his story of Don Brad- oft the back tool. The next was good fellows, and so say all man's last active season.

pitched slightly farther up, he of us. From the final results-the missed and the ball crashed Australians wo

won four out of into his stumps. And what a Ave matches, the other being roar there was from the crowd!" drawn the tour was tragic for

"Bradman looked back at his FORMULA is obtained for England.

sumed not able to be the variance of sickness in But who will ever slumps. forget those summer days at leve what he saw there, turned terms of simple functions of the 1948, with their tension, hoping slowly, and very, very slowly sickness rates. In fact, the vari- for the right weather at the right

ith retenced hin steps to the

pavillon ance is: time, the fascinated

110 and attention to

a sympathetic reception. radio commentaries and press The game that had given him to reports, the alternate elation and much had dented him hat, pis crushing disappointment? very last Test appearance."

A SORT OR TRAITORS By Nigel Balchin (Collins, 9/6)

100054

North Eauf Pass B& Pass

CHESS PROBLEM captaincy

10

By_C. 11. D. CLARK -

+

(BCF Tourney 57)

Black, 8 pieces.

Opening-A 10

BY WILLIAM E. McKENNEY

ONE

NE of the most popular, and 'certainly one of the best players of the middle west la Alvin Landy,

formerly

ol

R

Cleveland, Ohio. Landy has just moved to New York to become a permanent member of the tournament Etaff of the American Contract Bridge League. For many years he has worked for the League at national tournaments and the major fournaments of the middle west, but now he has decided to devote all his time to tournament work.

'

White, 10 pieces.

n

After a tournament session White to play and mate in two. in Detroit recently, the boys Solution to yesterday's were sitting around playing problem:

Hitle rubber bridge. The gaine}1, RxP, any; 2. Q, B, or K Immediately drew a crowd of mates. Idibilzero. Landy held the West cards in the hand shown

Answers

Krease.

Nothing to do with me

where.

Up=ju sudu and sa

a

In his foreword Sir Norman Birkett writes: "It is full of

is the force of sickness of dura- Insight and great understanding.

tion u, time being measured in replete with technical knowledge

Tho A group of selenists working yearly units throughout, the

nature of the wicket, the in a London laboratory make a variance thus proves to bo disposition of the field, the discovery which means n tg function of the first two mo- resources of bowling, the quality step forward in the fight. against ments of the sickricss rates about of the batsmanship, the elements epidemic plagues, but the conventent origin.

the weaknesses and Government opposes the pubil-

(Lecture to Actuaries)

use that D

the

FOR

Sir Stafford

Replies To Pact Critics

London, June 28.—Sir Stafford Cripps, Britiah Chat.celfor of tho Ex- that chequer, said today Britain's trade pact with Argentina was "not incon- sistent with either her alms er her obligations,

In a statement evidently replying to

to American crifieism, the Chancellor of the Exchequer said that he was satinded that the com- prehensive BATCOM out Would strengthen both countries economically.

He added "The British Government in also of the opinion that the agreement la_ not Inconsistent either with our long term ob- Jealive of convertibility and multilateral trade or with the obligations We have nastmed with regard to third countries."—Reuter.

RUBBER

MARKET

DECLINE

Jof carengths, and all that makes cation of this discovery because The Narkover tradition slower pace,

The

THE BUSINESSMAN

Bargain Buyers Stem Tide Of UK Stock Slump

Eondon, June 28.-Buyers snapping up cut-price bargains after yesterday's wild slide slowed the London Stock Market slump to a crawl today.

Heavy morning selling again sliced as much as $2 off £100 par government stocks, but at about midday the bargain hunters began to buy.

Government

kaues finisbed

aboye

the day 28 Bd to 21 morning prices.

Issued A recently

British electricity stock which paid for electricity holdings wilen the government nationalised them, slipped 5 more, however.

Moderate rises and falls wero about evenly mixed throughout the industrial list.

Stocks

of steel companies continued to sell off, however and the drops carried political Impiteations.

No Crisis

In Britain -Hoffman

Washington, Juno 28. The ECA Administrator, Mr Fasl Hoffman, afler a call on Pre- Stocks of all major steel com- sident Truman today, sald there panies are in effect guaranteed was nothing more in the British at a certain level by the govern dollar slination than the normal ment, which has already an-problem of adjustment from DN nounced that when; and it, it sellers to a burers' market such takes over the steel factories, it an any country or any manu-- will pay for them at the Stock facturer has to Market prices prevailing Late in present time. 1047.

But these issues have sold off

face at

the

Mr Hoffman sold he did not.

1/- to 2/- below the "guaran- know of any "crisis" in Britain. teed prices.

He said the United States was also facing the problem of adjustment to a buyers' market.

opinion that the United States Mr Hoffman expressed the

undergoing merely

to normal rational adjustment times, and

the noled that United States employed numberi was 69,000,000, and that national-

П

New York, June 28-Rubber futures today opened steady and closed easy, finishing at their bottom levels for the seinion, Most brokers Interpret this as although overall activity was at a belief that a quick election up the fascinating story of # of the possible

may be called by a government memorable tour. It is a record

seeking popular support for its of matches played, the great

Weakness in sterling, along economic policies during a crisis, great potential enemy could make of Dear Mo,

It.

Will you ask our vicker if it with the decline in securities They also think that It shows a today. The opponents quickly CHECK YOUR KNOWLEDGE figures who took part in them

and

scientists are outraged is wrong for me to take money and the lack of factory interest bellef that the Conservatives Was got into Ave clubs, and if Engl

a critical

appraisement of but realise their duty to their from boys who want to buy my In physicals, put recent buyers would have a good chance of had opened a heart, the cutt

the performances; but through country and their people, Where silence about bribery and steal-

on the defensive.

wleaning the election Landy had bid,

1. Polson ivy. 2. In south out the book the great figure of there would

WOR the first claim to their ing and then to tell on them all

The Conservatives have been no story. North and Russia. 3. It is fried quickly in Bradman dominates the scene as loyalty? With objective research the same, I don't do it to get the The slow development of the to stop the pentling steel na- are pledged South would have quietly gone a little

4. Fairy tales.he dominated the deld on his and publication of facts to all money but there is no other way expected stockpile

last tour of this country."""

buying and flonalisation about their business of making5. In the ears. 6. Four.

the world, or with the obser- of getting them to tell me what the Impression that non-ferrous naturally remove would Income was at least US$200," five clubs, losing only a heart

the others want to know about metals and other items may get tee" under steel stock prices. of a and a club.

them, for instuna yesterday I got preference over rubber helped democratic Government? water

The

Brewery and ten shillings for telling one boy to bulid up the, bearish sent were of humanlly or whole

with all

WiI wouldn't say where he had all hidden a wotch he slowl, and ment.

and even most motors showed its opportunities for characteren a portrayal, and the confilets of master gave me a quid to tell

CRIPPS STATEMENT Traders appeared to be con- gains, although the developing ins

where it was hidden, and I fused, with

economic crista

ទ . personalities and ambitions, the was thus able to do my duty, the

regarded as several doubting a threat to both industries.

FORECAST cuthor has built a novel which and the master told on the bou prices to hold without adequate denly worsens, ability of the Current If the dollar

shortage sud- will be

Washington, June 28. eagerly awaited by and sold the watch to someone consumer or stockpile buying.

most political Usually well-informed sources readers who enjoyed "Mine Own

else.

I tried at first to

and economic observers believe salt today do mu Executioner" and

that the The Small duty without taking money but Back Room."

Enst,

vance of the directions

BOYS AND GIRLS MAGAZINE ple? On this theme, however, opened - the

ien of spades, which declarer

won in dummy with the queen. He could have saved the day himself at this point by leading

a heart; but he was anxious to get the trumps out, so he led the ten of clubs. Alvin went right in with the ace. He knew

from the bidding that declarer"

rubber

Mr. Punch Asked a Riddle

-And the Shadows Tried to Answer It-

By MAX TRELL HAVE," Mr Punch said to

Knarf

Walking Riddle."

the and Hanid, had to bave the ace of spades, shadow-children with the and he was sure that declarer turned-about names; "I have a had. no losing diamonds

The sole object in bridge

is to defeat the contratt -so believe it or not, Landy at this polut led the four of hearts. He did this not just to thrill the kibitzers, but with sound reasoning. Even if declarer held the nine or eight of hearts, Landy reasoned that he prob ably would not play it. He certainly would not think that Landy had underled the ace king-queen-jack-ten!

Kaarf and Honid gazed at Me Punch with puzzled expressions, "I suppose you don't know what a Walking Riddle is?" Mr Punch said with a smile.

"I don't know," sald, Hanld. Knart said he didn't know either.

Well, said Mr Punch, "a Walking Riddle is like a regular riddle. I mean, it's just as hard (or perhaps, just as easy, all de- rending on how bright you are at doing riddies). It's got all the

things in it that you meet with Wilie out walking. Mr Punch

East won the trick with the cight of hearts, came back with another spade which Landy on n walk. I'll tell it to you and trumped-and down went what you'll see how it goes." looked like a very round five- club-contract.---

Listened Carefully

So Mr-Punch started, withi Knart and Hanld listening very carefully, for they were interest-

Check Yoned in knowing what a Walking

1.

Knowledge

To what does the old pro- verb "Leaflets three, let it be

refer?

2. Where in the Ukraine?

3. How is food sauteed?

4. For what type of books is

Kans Christian

famous?

Anderson

5. In what part of the body

Punch, "I set out on a walk. And

A silver boy across the road

Singing, singing- Springing up and springing

down Whirling, swirling roun' and

roun'

met a Walking Riddle.

Dancing all the way to town "And"always" singing

Singing

Each of these novels hnd a scientific background, and in cach has been constructed network of tension and excile ment made of the stuff of real human problems.

(Tomorrow-Recorded Music)

Prices closed 30 to 45 points the head told me it was very lower on sales totalling 05 con- wrong and upset the school trud-tracts as follow- dition, se now. I take the money, June

I have just over three hundred in cents per lb.).. quid.

Juty August

Your loving son,

September Mountfalcon Foulenough. | October

1621 traded

16.18 nominal 14.03-10 traded 16.00 nominal

15.01 bld

November

-(London Express Service)

December

January (1950)

February

YOUR BIRTHDAY.

... By STELLA

March SPOT

18.50 nominal

10-14

-United Press.

WEDNESDAY, JUNE 29

LONDON MARKET

bul

the "guaran- 000,000,000.

"Yet people begin to talk of. stocks

depression," ho sald-United gainers, Press.

British that imports of petrol and Chancellor of the Exchequer, tobacco will be among the first sir Stafford Cripps, would on to feel the economy of Sir nounce between July 6

and Stafford Cripps, the Chancellor July 10 that British dollar and/ of the Exchequer.-Associated gold reserves are about US$1,

Press.

HONGKONG

SHARES

650,000,000.

This is about US$350,000,000 below what Britain is sold to consider as the minimum safety level of US$2,000,000,000.

The same sources expressed the opinion that Sir Stafford would announce Dollar Import cuts early next month, not only of non-essentials but essentials.

on the Stock United Press.

London, June 28.-Prices in the Exchange

very worst enemy in keeps you travelling, you will be July (in pence per lb.) life unless you learn at an early much happier than if it holds October/December

PORN today, moods can become If your work is something that rubber market here today closed $212,000,00 Transactions

1/10th higher as follow

your

have a

The turnover

this morning Wüs and noon prices: 10-4 10-E

BHARES BUYERS” Sellers BALES 10-2/18 GOVT. LOANS

$23,000 @ 101N DANKS

1600

satisfied with anything mediocre. when it comes to making decl- NY FOREIGN

presently, "but it sounds like a But this will not last a life time, good, common sense.

It wasn't a dream, It was plain as day,

saw Milk and Cream Nibbling hayl

star

own

of

EXCHANGE

.03.20

age how to cope with them. You you to a desk job. In fact, the January/March (1030) United Press.

highly artistic nature latter is apt to become intolér- with a sensitive and high-strung able if you keep at it for too long tenperament. Your ideals are a time, high and you'

*Your judgment la excellent never will be

Singing.

Guard against becoming over- sions for others. But when it "Well," said Mr Punch; "what critical.

comes to making your Riddle was like.

was the boy's name?“

You may have one outstanding decisions, you are apt to be "This morning." began Mr "I'm not sure." Hanid sold success at a rather early age, swayed by emotions rather than Learn to the first thing I came to was a brook,"

You would like to think that you have the Game degree (and here comes the first of the inch, Joyfully. It was stars say that this is not neces- own problems.

"That's what it is!" exclaimed will have an easy life, but the objectivity in dealing with your Walking Riddles)-

Canada (dollar) To find what the stars have in England-oficial Brook. So," he said, continuing sarily so and that you will have with the story, "I crossed Brook to work hard for everything you store for tomorrow, select your England 30-day futures birthday star and read the cor- England 90-day futures and by and by I came

to u get.

Australia (pound) Being fond of travel, you responding paragraph. Let your New Zealand meadow where I spied-

(pound) probably will see a large portion birthday

be your daily South Africa (pound) of the earth during your lifetime. gulde.

Belgium frame} Belgium free THURSDAY, JUNE 30

Denmark (krona) France-oficial CAPRICORN (Dec. 23-Jan 201 France free CANCER (June 23-July 23)— A surprise may come today. Do An Important journey may France, commercial prepared for it. Perhaps a change determine a business advance-Holland (guider)

Italy-oficlat in fortune-ar of residence is ment. Take full advantage now Italy export In store.

Norway (krano) of all benefits. LEO

AQUARIUS (Jan. 21-Feb. 19) Portugal (excudo) (July 24-Aug. 23)—A to this, and suddenly good day for starting a journey. To solve a problem, make an Sweden Innal Knar? shouted: "You saw Cows Since, love and romanco are important change, and you will switzerland-tree

moving favoured, perhaps it is a wed- and things

formally Switzerland unomcial".

Mikule. Kart Mr Punch nodded. "And ding trip!

again.

Egypt (pound) finally," he said, "after walking

PISCES (Feb. 20-Mar. 21) Iran (rial) all around the hill and back be- VIRGO (Aug. 24-Sept. 23)— If there is an unexpected delay Turkey (fra)" hind the pond and through the Avold emotional impulses and In some plan connected with a

make decisions wisely and care journey, it may all be, for the Argentina unofficial woods I came to a-

Drall cruzeiro) fully, Changes can be the better best!"

ARIES (Mar, 22-Apr. 20)-Holivia boliviano) LIBRA (Sept. 23-Oct. 22)- A journey A new idea can, prove exelling, schedule right now. If the un- Colombia (peso)*******

seems to be on the Chile-officist

Chille free. *****

to put into operation. Develop it now and get it ready expected occurs, be prepared for Mexico

Peru official It.

is a person's sense of balance Rupert & the Arrows-–291

located?

6. How many rows of keys

has a standard typewriter?

(Answers in Column 23

CROSSWORD

Acrosa

and & It could make the dinghy **Hard, 16, 8, 9)

8. Workers rosponsible for poor

raten ? (D)

11. Stistakon. (9)

9. Equain, (7)

14. Today Is Josserday, 18)

30. This is beyond youihe (83)

10 and 29. Datignate, (3-4)

21., Could be a rosette, but anything

round will do. Taj

123, Bee [1 Down.

Podgy and Pong-Hing nave seen the heavy clouds rising and they

, hurry to join the other, boy, xà they arrive, Bingo, still laughing. puti ha cap on and stampers off it top speed towards his own cottage, "Good gracious, he has got out of his grumpy mood," exclaims Podgy. He certainly has.", aight Rupeři, "When the fun was shining he was miserable. Now that it la stormy he is as happy as a sandboy. »] wonder if we shall ever understand his queer ways. Come on, We

mustafl run hom's, too.”.

ALL RIGHTS RESERVED

Boa 1 Down. 23. Atma BRONCHO BILL

Down

1 ang 24. Anyone this is not going

into ezilo, 10, 5

It could be a noted rug. 18, B)

8. Upturned turd. (3)

8.^itiver of double existenes, (4)

7. Divide the role, (6)

e stars of W. ball game, 19).

10. TO MA 19 in n vory brief inter-

VAL (3)

Alt and på, Watch, pater, open få for:

Adds writing. (C)

18. Spoken. (3)

Take your 2040, (8)

17. 11 may have double solion, but,

19 satinol (9).

19. Bort of ganoo. (4)

20. des. 16 Acroen, 22. Notas. (r

I saw Mille and Cream,

And Butler and Cheese,

Out in the meadow

Taking their casel Mr Punch waited for the

answer

|in the meadow!"

Lovely old lady all dressed

up in white,

How

| (peseta)

Latin America. Argentino-oM¢[«},

Peru free

· Fat Ehrt.

With bright shining eyes and

her cap bathed in light, With her head in the tree- tops, her feet in the clover

SCORPIO (Oct. 24-Nov. 22)-- TAURUS (Apr. 21-May 21) Uruguay (paso) And the cat in her lap and An unexpected trip or visit to or Now friends and a new environ- Venezuela (bolivar)

the children all over.

from close friends or relatives meat may bring added interesi.

India (rupee) But this time neither Kant can make this a very happy day, to all your plans for living. Be Pakistan (rupee)

Hanld could guess

the

progressive now,

Hongkong GEMINI (MAY, 22-June 22)—Noth E. Indies

prises today! Expect the unex- pected and you 'will definitely be prepared for anything.

nor answer.

SAGITTARIUS (Nov. 23-Dec.

HK Bank,..

INSURANCES

Canton, Union

23 @ 1595

340-300.35.0.350 640 030 240

20 @ 643

GOD & DO

K Fird... SIUPPING

Anta. Nav. DOCKS, ETC..

N. Pi, Wharf B11⁄2

Dock,

1072 1011 Providni 1245 S'hat Dock..

D LAND, ETC.

Kitatet... 1115

1115 12. 600 @ 13.00

HK Land... UTILITIES

Tram

Star Ferry

54

2007 12:4 200 @ 10%

17 17.30 1000 17

100 110 13 2013 @ 13

C. Light is. 0.20 014

33 Electric... Telophone,.. 2135

INDUSTRIALS

0.10

200 33

4 22

2030 2215

3363211 209 -33.

Closing rates June 28 US$0.05-9

4,01-15 3.08. 3.01-1 3.27-

4.03

.03.28

.20.32

Cement,

.00.4671

STONES, ETC.

Dalry,

2224

3334

.37.68

Watcon COTTONS

Ewo

CHICAGO GRAINS

Chicago, Juno

.25.75

488 888888-24878 ARA

200 04, 33% 4415 451⁄2 400 @ 44%

0 71%

Malayan Loan's 6%

Discount

London, Jane 28.-The price of the new Malayan three per- cent loan has steadily worsened. since its introduction,, to the London Stock Exchange, on: May 17,

A fractional discount was rés. gistered as soon

as dealings. started and the price has slowly. deteriorated to its present levél. of six percent discount.

Adverse

comment

tho on position in Malaya coincided with the introduction and ens couraged small selling. Several well-informed quarters regarded, this, as unwarranted, They argued that all colonial loans) were in the same position since," If anything went wrong, the. British Government would have, to stand behind them all.

Later, however, the price fall", 28-Grain gathered momentum in sym

prices today moved irregularly pathy, with the general break in in quiet dealings, but closed on glit-edged. the heavy side on reports' that į wheat harvesting has made good

For the future, Malayan and

progress, despite delaying rains other colonial loans are expect- ed to keep in line with the WHEAT-per bushel in centa,

course of gilt-edged and Jong- 1.02 term money rates as a whole,

.02.50

.03.33

In some arcas,

15.00

SPOT

September

December

Muren (1950)

May

.228.29

CONN.

.37.65

SPOT

.47.34

July

July

"It's House!" cried Mr Punch:22)--Your scope of activities Don't be surprised at any sur Singapore (douar) inlied Press. September

"I was home. My walking war may be broadening now, so tako over. and so is my Walking full advantage of all oppor- Riddlel"

tunities offered.

The Stort Back

HAND TELL NOUR CHIEF: THE WHTER MAM

(FIGHTS ONLY FOR

HIDS LIFE ****

1.051-3:03

1.0613-1.08 With the rest of the gut-edged market they were looking rather 1.56% harder today but the outlook for 1.6 this whole market was regarded as obscure, depending on -; the development of the economie crisisRouter.........

December March (1959) BLY

Egypt, Pakistan

- RYE.

Beptember

Beptember

1815 bid

WINNIPEG RYE.

By Harry F. O'Neill Announce Pact.T

MARY JANĮ

1.3012

Colonies “As® Dollar-Earners

Loridon, June 20.-Britain's Colonial, Empire, now has

WINNIPZO BARL aked fairly large favourable balance of frade with dollar countries,” 1.10 according to the 1048-1040 re-

• Karachi, Juno, 28-A trado July agreement between Egypt and October Pakistan providing

December for "most favoured nation" treatment.on July both sides In respect of customs October duties and other import, and December export · formalities: WIS An- nounced: today:

1.0014

& port on the colonial territories,

-United Firas published today.

כוי

With: their largo: dollar- ́carnings, the colonies havo

Except for rice tramnctions, Exchange Rates contributed substantially to

prices, specifications and terma

of business, will be settled directly between the Importers

trade channels.

Business was done in the cal sterling area with the Western PEPPER Lessening the defleft of the nomcial exchange/norkel Ant

and exporters "through" normal | tromler si the following ratne za | Hemisphere," › It, maldu

Blerting pound note (per (£). 17.50 Pulveren en US, dotfargiper #1);

The report has been pre- The agroemont le for12 iam flest (per 100) 30 Colonial Secretary, Mr Aribur 310 plastre) (per 100) (vas 18.30 sentod to Parliament by the months from July. Asso- NEI-suliders (pes-159) win

clated Press,

56.80

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