1949-07-07 — Page 7

Hongkong Telegraph 港電新報 士蔑新聞 All

THE HONGKONG TELEGRAPH, THURSDAY, JULY 7, 194

FOR YOUR SPARE MOMENTS

.MCKENNEY

ON BRIDGE

Squeeze Play

Wins

This Slam Contract

BY WILLIAM E. McKENNEY

Ic

Tute lato Maurice Maschke of THE

Cleveland, Ohio, who was one of our finest rubber bridge and tournament players, had a pět theory about doubling slam contracts in tournaments. used to say, "Never double a slam contract unless you have two different ways of beating 1. If your opponent maken, the contract doubled, you bound to get a bad score. If

double

and hea you do not makes it, you will get o more

normal score,"

aro

DUMB-BELLS

WHERE'S

YOUR HAT? WHY

YOU'VE GOT IT

ON YOUR

HEAD!

LUCKY YOU FOUNT? IT, I MIGHT HAVE GONE WITHOUT

RECORDED MUSIC

SEVEN VEILS FROM

PHILADELPHIA

By ROBERT TREDINNICK

THE Philadelphia Orchestra, well served by Gould's arrange

who were in London recent ment or the orchestra. (Colum- ly, have made a good recording bla DB. 2424), of "Dance Of The Seven Vells," fromh "Salome. by Nichard Strauss. It shows the influence the music of Strauss has on the works of some of the more modern Sovjet composer (Columbia LX. 1872)

This month the phims of piano records go to Solomon, with a Cathedrale En- bussy's "La gloutic" (HMTV D. 9757), and to the young Spanish planist, Gonzalo Soriano, playing "Cap richa En Forna De Bolero," by. of Alfonso,

and Mompou's "Can clon Y Danza No. 6" (HMV c. 38587.

BY THE

WAY

by Beachcomber

THE ncantistes, led by the T'poot Tombale.

maintain that since Time does not exist, nobody need really do anything.

Check Your tensive interpretation of De- but isn't (Columbia DB. 2610.) clock built in Washington

Knowledge

1. What is the opposite portside of a ship?

3.

What is a blood count? Hudson seal is the skin

In today's hand North would of what animal?

never have had the chance to

xet into seven no trump, which

won mukeable by n squeeze, it

4. What Is belleved to he

East had had two ways of set-the oldest city in the world?

ting the contract. Seven spades would have been beaten auto-

♥963

+6542

A A3542

❤A 147 4 + Q

4A55

▲ None

N

Q1003 KQJK

W E

4

5

10 3

Dealer

AJ6

AK070

2

30074

33

AKJUBT

& K Q

Tournament-Both vol.

South

West North

1

Pass 14

Fant Pass

LA

Pass

Pass

4 N. T. Takt

Double

IN.T. Pazs

Opening-K

Poss Double

matically, but seven no trump the following was made with play.

East opened

hearts, which

with the nee.

the king

qf

declarer ton

The queen

5. What are ite first three words in the Bible?

G. How does the secretary bird ki its prey7

two

021

FOR THE BUSINESSMAN

Record Value Of American Gold Assets

Врато gold

1

Washington, July The United ́ Biates' Kwets havO reached record high value of $24,- 465,023,000—about. three- Afias of the world's stock. American experia hern

that they

about amour

other that Britain European countries

DINO

and

cro

asking the United States ta grant further Bid through the media of the American gold stock.

'But Selence believes in Timu. Symphonic Irving Berlin

and has discovered that it in Peter Yorke and his Concert slowing down. In other words,

nothing more

·moke symphonie | the earth is rotaling Orchestra nounds of Irving Berlin's "How slowly, so that the less accurate Deep Is The Ocean" and a Yorke a clock is the more likely it is But that is too arrangement of. "Riding Down to be right.

the new atomle From Bangor" which should untidy and human for Science. have been bristling with wit-and I read that the

wrongl be right and the earth' wro Comedian Charlie Chester What next? If Science chooses does a first-rate impression of to say that day is night, day will Phil Horris with his own number be night, Winter will be sum- mer. Why? Because a bit of "Courtin" So good, is Cheerful

machinery sаyа го. Charlie that I am sorry not

"On The hear more of him in 5.45"

which he works with the

In passing the Singing Silhouettes on kecond side. The orchestra con-

to

Paolo Silveri, with orchestra conducted by Leopoldo ducted by Frank Chicksfield TN Dublin they claim Canon- delightful deserves praise for the lively street, close to St. Patrick's Gennal, singa

imaginative accompabl-Cathedral, as the shortest street Neapolitan congs, "Santa Lucia and

Illa ments. (Parlophone R. 3105.) Luntana" and "Passione." voice and style is particularly (Tomorrow-Unusual Angles) suited to the latter, though ho " brings authenticity and sincerity. to both. (Columbla DX 1806.)

The Lune

of

moment, the "Twelfth Street Rag," is given Morton a witty treatment by Gould and his orchestra. They back it with another old number, which isn't nearly as

(Anawers di foot of Columin "Nola,"

BOYS AND GIRLS MAGAZINE

Knarf Took Pooh-Pooh Walking

And He Was Very Tired When He Got Home- By MAX TRELL

V NARF, the shadow-boy with

A the turned-about name, come into the playroom and down beside his sister sat

She looked up to see Hanid.

dust, his him covered with Ktockings torn, and his face scratched in several places.

"Where were you?" Honid of exclaimed in alarm. "What did

diamonds was eashed, and a you do? What happened to

Knart smiled and answered, at all happened. I just went for a little walk."

smail dub led to dummy's king you?" The queen of clubs was cash- ed, and now declarer took five diamond tricks, discarding three "Nothing spades and two hearts from. his own hand, Next a small space was Jed from dummy to ace and the nee of clubs cashed.

"With Whom?" the WAJ

"With Pooh-Pooh the white

walk around the block."

4-22

Knarf tried to keep up with Pooh-Pook.

in the world. It consists of halt Д house. but its name, is written up like that of any other street. Paris can run Dublin close. In the Halles quarter there is the

which is numbered "3." Another Suet Plan

CHESS PROBLEM rue Pirouette. It has one house,

By T. SALAMANCA

(BC Tourney 56) Black, 12 pieces.

1

CHA

|

They pointed out that t would take action by Con- gress to turn over any of the rold to a foreign country. Reuter.

Poland Bans Exports To Yugoslavia

Reynaud Urges Devaluation

CRIPPS

"PURSUING

BAD POLICY"

Paris, July 6.-M. Paul Reynaud, former Premier and Finance Minister, today called for a general devaluation of European cur- ⚫rencics and said devaluation of the United States dollar was "unnecessary and unlikely."

M. Reynaud made the statement in an interview soon after reports that the United States Secretary of the Treasury, Mr John Snyder, had rejected the French proposal for. dollar devaluation by boosting the price of .gold.

Mt. Reynaud said: "I do not begin a general reallgument, think devaluation of the dollar beginning with the Pound Ster- in terms of gold is an immediato ling. necessity for the stabilimtion of "I think Sir Stafford Cripps. Chancellor of the European currencies, I do not the British think It is either probable or Exchequer, is pursuing a bad necessary

in the immediate policy. The British "austerity" programme 'seems to me to have Future.

"For the time being the im- suffered a sensational setback. portant thing is to re-adjust the of European currencies in value relationship to the Dollar". London, July 6.The Pollati M. Heynaud and Britain Government as ordered would

advised complete_stoppare

be

"Undéniable proof of this is the light of capital away from Sterling. If Sir Stafford per- aisia in this polley he is labie to to run into disaster, one result of the Commonwealth countries from Britain, Australia already. seems to be moving in this direc- flon."United Press.

of exportadovalue the Pound immediately of which will be a breakaway

to Yugoslavia, Warsaw Badlo announced today,

should and Franco

follow at

Explaining Foland's action, This would hel

help trade

for Warraw Radio - cald:

once HARLIE SUET'S plan

"It be-

the Marshall

plan countries," rationalisation

and came obvious, in the course of said. "If the United States nationalisation of holidays in he

that Yugohe

Uten agreed to set up a fund to based

alphabetical slavia did not intend to adhere the on

the European currencies support the January, Ꭰ method: A to D in

to her obligations concerning without any transfer of gold but

of goods agreed

every

last months,

should

Australia

by Washington, we Tightens Up

Dollar Import Regulations

io Fin February, and so on. the seruling. Travel abroad for pleasure will upon and required by Poland. simply un the basis of a guaran

The Polish Foreign Ministryld sudden changes

the to in be banned, "except in the case

servants, this morning told the Yugoslav avoid of politicians, civil

exchange rate.". lecturers, writers, and publicists, Minister in Warsaw that "Yugo

haud expressed the M. Reynaud A certificate slavia, as opposed to the Polish Those who hold entitling them to an annual side, did not effect the delivery opinion that it was unlikely that

of

essential goods provided for the United States would drop holiday will be directed to one

the Polish-Yugoslav trade support of Britain and other of the Holiday Hostels, and will in

western European countries in report to the Holiday Supervisor agreement

"Despite the fact that the their present economic crisis. day. In the case of a

"The situation is too serious family which wanted to go to, appropriate contract had been

signed, the delivery of copper for that," he said. bazn say, Torquay, and bas

has not yet begun, and out of the 300 tons agreed upon, noho has been received by Poland.

"Yugoslavia hus applied a policy of sabotaging the trade agreement with Poland, and re- cently held up a shipment of 50 tong wool which had been consigned to Poland, and which had been loaded for shipment.

White, 9 pieces. White to play and mate is three.directed to, say, Llandudno, an yesterday's application for a personal inter- Solution to

view at the Holiday Board will problem:

1. Kt-R5, any; 2, Q, B, or Kt be considered on its merits. (ch, or dis ch) mater.

-(London Express Service)

YOUR BIRTHDAY....

By

THURSDAY, JULY-7.

STELLA

"Al European currencles are

Canberra, July 6---The Aus- tralian Trade azid Customs De- been directed

10 the dollar. It is necessary

greatly over-valued in terms of partment has

World Rubber

Production

to Issue dollar import Ileences only for urgently needed com- modities until after the London conference of Commonwealth france

ministers, the Prime Minister, Bir J. D. Chifley, sald today.

Mr Chifley said the approval of U10 departmental dollar committee's budget until Sop- tember had been deferred until after the London, talks.

This was because of "dis- cussions to take

place on the serious

Estimate Revised

July 6--The Washington.

position which hus US Department of Commerce developed regarding sterling

today that world

arca gold and dollar reserves." estimated

natural rubber

Mr Chifley's statement follow- production of this year would be 10,000 tons

"A further proof of Yugo- slavia's sabotage policy is the fact that Yugoslavia limited her Celiveries to Poland to second- ary goods, such as wine grapes, dried

figs, raisins, prunes and PORN today, you have a great that you need strength-physical tobacco, which have no impor-

as well as mental to achieve tanco to Polish economy. D deal of self-reliance and al-

"In view of the fact that, though things may not always your ambitions. Be especially

despite

the many requests and "I followed him," said Knari. go smoothly for you, it is easy careful of your diet, for there is poodle, We both took a little I thought it would be more for you to make

the situation has not changed, fun that way. So off we went. covery

resiliency is a great

Worry can be your very worst the Polish Goverment, havingRubber Study Group In Lan.Dr Roland Wilson. showing n big dog, asset and should bring you enemy, so take an optimistic and in mind the interests of the dom "But how did you get so full The first thing that happened This natural reste og again, that man is what to eats. of hearts, was squeezed on the of duct? How did your stock was that we met a

Inrs get

1."-Reuter. ace of clubs. If he let go

torn? Where did you The dog growled and didn't look you have a great deal of energy positive attitude toward every- national economy, have decided rpade, dummy's king-tilne get those scratches on your

that was because he had you are able to make good use of are likely to attract negative goods to Yugoslavia." would be good. If he discorded face?" Hanld wanted to know friendly at all, but Pooh-Pooh and your ambitions are such that thing. If you are negative, you to suspend further deliveries of

this little walk never seen us before. He would it! the block that. Knarf

it only 'we be very friendly look with Pooh-Pooh the willte went up and said hello to him, poodle.

Pooh-Pooh walked right up to him, and I walked right up with Pooh-Pooh,"

a quick re- conilderablò truth in the adage-warnings on the part of Poland, tess than the amount e«iimaleg/eu the issue of trade figuros ber

East, who was down to the queen-10 of spades and queen

the around

the queen of hearts, declarer's more ten of hearts would take thirteenth-trick

.A

CROSSWORD

Across

1. How Tony gets mixed up with

drama. (V), ***

6. LOYDIW. Wilk; or possibly a limb

Ja, gub., 13-2-3)

9. This is a fortfied placé. (9)"

11. Lecks, tautness, (6).

12 Initially the reoruli's nightmare.

__(2)

14. Waite man or olden times. (4)

15. est milk this way, in the dry

sous of thurma. (8)

17. TUM Baringo, conla de mine: (4) HOL. Included,, the

2200 - Khetiademic principle. (3) ►

1. YOU MAY HAVE to Cumb..to de kha, 1024. Bee 1d Down.

Down

1. Tattooing docą, but you (ually

find him on, the range. (1) They may lead to quarrein, mit sound, duen often piring, väder- standing (D)

8. Dreadful dors bi nae 445 *

4. This is wagged not told

6. donate comes from the

9. Yes maim a diiteren when the

· blossom „appears, 13:41

B. Deride.. (45)

10 and 22. AD (63

11. Materialaren at nisny Grese

displays. (0)

13. felated or just a retaliye? jaki

10. This mater is not human) (4) 19. Heard in, Aladdin'a Palace. (3)

Solution of yesterday's muente, --Acrosst and 7 raihng"of the_engoel:. ket.

AțI: 10. BIOL. „kewark, DEOARTH

15. Automazier, Trogless

S

}intor" 6. Ow! | Beg 1 Acrom: 15. Toli

CHECK YOUR KNOWLEDGE

Starboard. 2. Counting

a) corpuscles in a given lood to compare

The capital

lokalit to death.

about

vail

eventually,

to lasting success.

results!

J

in April by the International

Department

the Commonwealth statistician, startling decline in the

with favourable trade balance predicted North America for May. The

be 1,535,000

Dr Wilson's Agures showed a the total would

unfavourable long tons

decline in the

marc tlan The Department said it ex-trade balance of pected United States consump£10,000,000 since the end of tion for 1040 would be 570,000 last year.

Wool exports to the United This would leave long tons. 965,000-tons for the rest of the States for the 11 months ended

£23,- 800,000 compared with estimated 400,000 for the same period. In Closing rates that the United States would also 1747-48-Associated Press.

It may be best for you men not NY FOREIGN

Since you have a good head" for-business, you probably will_lo wed at too carly an age, for ilfo career before undertaking Accumulate at least a comfor- you should be well set in your table fortune during your life- ume. If you fail, it will be be- matrimony. This is less true of cause you think something else you of the fair sex, for you may than be the type to make marriage is much more important

and motherhood your money alone.

career.

entire

EXCHANGE world and Inventory adjust May this year were worth £10,-

"Well," said Knart, "Pooh- Pooh and 1 decided to take a little walk together.' Pooh-Pool

"Was the big dog friendly?" asked me if I wanted him to asked Hanid.

Canada (dollar) follow me (that's what he "He stopped growling," said

England-metal England 38 day futures usually did when he went walk. Knarf, "but that was only be- You are apt to overestimate

To find what the stars have in England po-day futures ing with anybody), or whether cause he began barking. And I wouldn't rather follow him."

suddenly he jumped at us and your physical strength Pooh-Pooh and I ran with all working under pressure wil go store for tomorrow, select your Australia (pound)

South Africa (pound) "What did

you do?" asked our might. He ran in and out along on nervous energy to the birthday star and read the cor- New Zealand (pound).. Hanid.

of a muddy ditch and crawled detriment of your health. Guard responding paragraph. Let your Belgium (franci

you may find birthday star be your dally guide. Belatum tree under a fence where my stock against this, for ings got torn Finally we got

FRIDAY, JULY 8, rid of the big dog.

Rupert & the Arrows-36

and if

Denmark (krone) France-official. France-trec France-commercial CAPRICORN (Dec. 23-Jan. Holland (gulder)

Italy-official "The rest of the walk WAS CANCER (June 22-July 23)- pretty quiet" Knarf went on. A day when there is apt to be 20)-If your business is connect-Italy-export

are ed with seashore activities or Norway (krono) "except that a cat scratched mo friction, especially if you and Pool-Pooh, a boy threw a planning new business contract, water transportation; anticipate Portugal (escudo) tin can at us, we almost got Be careful., ... hit by a car. We watched

some

playing ball

success.

Spain (pereta) Sweden (krona) Switzerland-free

Iran (rial)

ments.

The

Department

July 8.

US$0.04-

4.02-1

3.05-12 3.07 323-34

4.02

4,03

02:45

consume 410,000 long tons of Bynthetic rubber, or a total of 080,000 tons of new rubber for: the year. This is 30,000 tons below the estimate by the Rub- ber Study Group-Associated Pres.

$220

2038

004571

.0030-7

007-11

3763

.0017-1

0017-11

2070

0404

.0015

3705

2330

4.13

LEO (July 24-Aug, 23)--This AQUARIUS Jan, 21-Fpb, 19)— Switzerland-official children

MIDDLE EAST and then went chasing the day has only a fair rating! Don't Be alert to opportunities. You!

Slow, and will be able to measure a certain Erypt (pound) ball back and forth. And then, be over-ambitious. just as we were getting home, casy will win today's race for degree of success If you are con- Turkey Dira) Pooh-Pooh bald he smelled a you. rabbit

in the garden and we ran up and down looking

for

pond

'structive.

LATIN AMENICA Argentine-oficial PISCES (Feb, 20-Mar. 21) Argentine-utofficial Extra caution in urged in busi-Brazil (cruzeiro) ness matters. Think twice before Bolivia (boliviano)

Chile-official

Colombia (pesa) making a decision,, : Impulse docs Chilowfree not pay for you. .;

Mexico Peru-oficial Perű-frey, Make Uruguay (pes) Venezuela (Bolivar

VIRGO (Aur. 24-Sept. 22)--- it, across the meadow and overe discreet, especially if travell

Ing. Over-opumism may make the hill, and around the and through the woods until it you somewhat 100 expansive,

Curb impulses. After a long climb the two frend,nally got dark and we were both tired and we couldn't find reach Bingo's cottage on the hilltop.

the rabbit, and that was the and to their relief the blizzard geis

end of our little walk much lighter Thia's been a long pull for you,” says Rupert. "And look, the snow has piled night up against your door. We can't get in Bingo pauses to get his breath back, and he grins expected that," he panis, so let the window unlatched.. And next

GEMINI. (May 22-June 22)— minute he is inside and Bits the

SAGITTARIUS (Nov. 23-Dee. Minor uncertainties make this a snowshoes after him. Then he pulls boy) than for you to follow him22) Curb impulsive actions. If day in which personal cation the sledge up to the window-sill (and act like a poodle dog)."velling by car, be careful in should be observed. Hasle can. that Rupert can join him,

ALL RIGHTS .AKSERVED.

BRONCHO BILL

LIBRA (Sept. 22-Oct. 23)--- ARIES (Mar. 22-Apr. 20) Expectations may be achieved Be guarded In making major today. Do not be impatient if commitments Postpone signing they are slower than you had an agreement until a better day. Hanid laughed. "I hope you'll hoped. They are en route... know better next time, Knarf.

SCORPIO (Oct. 24-Nov. 22)- you're going to take a walk around the block with Pooh-Accidents can causa trouble to Pooh the poodle, or with any day, so be extra cautious, es other dog, it's better to have pecially of fire hazards him follow you (and act like a

DERB BRONCHO MISTOCIK

FOR INDIANS TURNED OU

CAVAL

INDIANS TO ROL

Knart said Hanld was right. heavy traffic.

Grateful Caravan

BURE "THOUGH'

WEL WER

GONERE

THAT TIMB BIR

CHICAGO GRAINS

RUBBER MARKET QUIET

New York, July 6Rubber prices today drifted - lower-in

Chicago, July 8-Grain prices quiet dealings as traders paused sharply, with to evaluate" Sir:Staffard Cripps": today soared

and the sterling

wheat prices rising as much as statement six cents a bushel on news of devaluation possibilities.

Domestic factory exceptionally heavy flour pur- chases by domestic buyers and actual mate 30123

3475

3002

tory demand' for material remained on the side because of foreign

unfavourably the spring wheat belt and showers in the south western harvest area.

hot weather slow and Vagaries and pending

:Prices closed as follow:- WHEAT price: por bushel,

2.00-16

SPOT

-124-32

July

2.01-

.1244

September

.1550

December

0540

March (1950)

2.00-16 2.03+12+

May

18-

3010

CORN

3024

2000.

SPOT

July

September

(125) ・・・ December

765

FAR EAST Make fadle, frupee). TAURUS (Apt. 21-May 21)-Pakistan (rupee)

Netherlands East Ledlen Make moderate gains. Don't ex-longkong

United Pre peet too much but lake full singapore (dallar) advantage of what is offered,

only make waste,

.4734

1.10-4-3.

March (1950)

MAY

RYE Judy

1.27-15 142-14

Bulk Buying: Of: Tea To Continue

Beptember OATS July Septemb

dollars

1.45-1.40

government stokkipile buying.

Consumers més also inclined. to hold off on the theory that rubber a considerable amount of purchased aboard with sterling will come on the market if and ΒΑΣ when Britain devalues currency.c

Because of overhanging un-

few froders

fer to Texpress

har

were

decided

Prices closed eight to 11: points lower on sales totalling 33 contracts as follow July the dents per 1.3 18.15 bid August ..........-10.11 nominal Bertember October

Desember

tushenuary (1950);

February.

Karch

NEW YORK-per 200 lb. c. 12,40 November London, July 8-The Food WINNIPEG RYE-Dr Minister, Mr John Strachey, told cente-- October questioner in Parliament to-uly day that, so long as supplies of Decembe tea were insufficient to meet WINNIPEG BAILEY demand, bulk-buying must be July

October retained..

December

By Harry F. O'Neill

GALL BOUND ARE THE WAS

COVANÍES.

"We can consider our method of procurement on. Its merita," ha hald.

Con-

April May

Jo

July August

September

135-15:

111-36

207- United Pro

"

SPOL

Untied Press.

$18m GRANT

NY Seeds And Oils Sir Waldron Smithers, servative, had asked when, the New York, July Prices the bulk buying of tea would conto above market remained unchanged with the ollowing ax• and when he would allow the today London Lea suction rooms to coption: start-again-Router.

Peanut oil, per.. F.Q.D.

* FOR ITALY:

Washington, July 0 The economie Co-operation Ad New York **** 121⁄21⁄2 cute ministration today announced United Press,” of that it had set aside $18,000,000

for: ave roodernisation projects.

Exchange Rates NY Cocoa And Hidea is tusty's Iron and slot Titilk-

Bidcond was done in the lock unomical exchange, market: « thi ¡morning" at the following;retan:

Atertinggiind note „{per, 4)

TIC blavirek (per 100) five INEL, BILGRIs) (per--100)

Miami tienim" (per 100) Ding piporme tilraila);

Cocoa, #pat, in conte

delivet

Closing prices tríes..

It said that they were a part of Italy's four-wary, industriai: M-Improvement programme. Most

of the necesariNAS

quipment whi be bought by the United States.

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