1949-07-13 — Page 7

THE HONGKONG TELEGRAPH, WEDNESDAY, JULY 18, 1949.

FOR YOUR SPARE MOMENTS

.MCKENNEY ON BRIDGE

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By P, BARRON Black, 7 plece.

Opening J

BY WILLIAM E. McKENNEY

on

"ENERALLY championship tournaments are held over a week-end, beginning Friday and ending Sunday. Regional championship events, however, require an entire week of play, and these regional tournaments have good representation from all the surrounding stales,

The recent Eastern States re- gional championships tourna- mont in New York Futtel f schedule which was spread out over a month. The mixed pair White to play and mate in two,

White, 7 pleces,

Selution to yesterday's

mixed to Sunday probirm:

event was held on one while the

1, P-14, any; 2, Q. R, B, or Kt

was held on the following Sun-mates. day. Although the participants this year

from were mostly metropolitan New York, most of than events were larger

the usual,

легу

A new' event was tried, out this year and proved quite popular. It was a one-sension individual contest, in which the players play with different part- cach round and against different opponents.

The po pularity of the ovent was proved when the entry list went up to 172 players. It resulted in a tie for first place between Robert Henry Cohen and Louis Kellner, both of New York City.

MIDWEEK BOOK: PARADE

JOHN GUNTHER PEEPS

BEHIND THE CURTAIN

JUGOSLAVIA is more Hiko

BY THE

WAY

by Beachcomber W become a grown-up?

YXZHEN docs a child plaico

Yftussia then any of the other equipped for war, le capable of ten inches long. And a man "None of the puppet states is According to Inw when it is intellites. Poland is probably lighting a cerious war, or wants in Scotland was admonished the country the Russians are

least sure of. Czechoslovakia

In the mos! abject and broken of the puppets. Hungary is the best off En many respects. Rumania la most under the Russian thumb. Bulgaria is the most dictatorially run. Albania

a kind of political out-house,

So says John Gunther in a new "Inside" job admirably supplementing his books on the Insides of Europe, Asia, Latin America and the US. This one well might have been "Inside the Satellites" but since he was refused a vle by Russio he con- tented himself with the title Bebind (be Curiala

(Harper, US$3).

for

of

war. If they should be driven

into a war by Moscow, it wilt mean their own ruin, and they know it,”-

for selling a pisice 9 inches long as a mature fish. A fifty-year-old plaice, with mtunted growth is a child. An cvergrown lout. of two months may be

an adult. The tape- measure to the test, Ilence the dous, of course, in all the coun-mest set

Russian, influence? "Tremen- New Board of Fish Measure- up in Whitehall, whose we raw-even Yugoslavia.fuspectors will mcaruro every that the Russians are much in This does not mean, however,plalco caught off our coasts. evidence, or that a local cabinet

(Enter a little old mackerel). minister has to pick up a phone and call Moscow to make a decision. As a matter of fact, we never once raw Russian anywhere."

single

trics

11

AN

small that he

FOR THE BUSINESSMAN

Economic

Commonwealth

Talks Begin Today

BUT MAJOR DECISIONS

NOT EXPECTED YET

London, July 12.-Commonwealth economic leaders in secret conference here tomorrow will begin their search for a solution of the Sterling Area's dilemma, spotlighted by Britain's announcement of the recent sharp decline in gold and dollar reserves.

The leaders will speak for Britain, Canada, Australia, New Zealand, South Africa, India, Pakistan, Ceylon and Southern Rhodesia. Northern Ireland will also be represented but as an

observer.

No audden or, dramatic measures should be expected from the Commonwealth talks, authoritative quarters indicated tonight.

Are

1950 TARGET

also to olher

Britain To Buy More Malayan Pineapples

try of Food is understood to be

London, July 12-The Minis

prepared to take a maximum

fezaional politicians off Torquay. A daherman caught, two pre- They were so throw them back into the oca. The conference will consider | Ceylon-Mr J. R. Jayawie" Which reminds min of the de-interim measures to meet the dena, Finance Minister. mand that the

immediate problem Minister of

of halting Dictatorship? "Yugoslavia is Agricultura ba

Southern Rhoderin:-Mr E. C. certainly an out-and-out pollee; inta the tand.

the drain on the Sterling Area's F. Whitehead, Finance Minister. ploughed back

dollar and gold reserves. Gunther and his wife mass slate, and so are Rumania and Without comment

Northern Ireland (observer);......... But major decisions on long- Major J.Maynard Sinclair, the swing through the Soviet Eulgaria. Czechoslovakia IN

term solutions are not expect- Minister. satellites recently enough that rapidly becoming one.

"The Church's duty," she said. ed until the There in

Anglo-American- "is, not merely to oppose public (Canadian economie "Big Three some of the events of which he no actual terror in Hungary.com- writes are still fresh topics in parable to the terror under the uses. It must provide counter-meet at Washington in Septem- The target for exports to the newspapers. With an eagle Nazis. Nor is there any overt

attractions,"

ber.

North Amerien in the 1050 eye

frenchant stat, he terror In Poland.

(Morning paper). Proposals from the Common-calendar year is £160,000,000, came

back with the most

Sweden rocked by

wealth conference will be suh-

excluding re-exports. readable and informative om- Things are done much more

mitted to the Commonwealth

Canada and the United States nibus about what goes on.

subtly-by Intimidation, econo-

flautist Governments by their

the only largo markets War? "The only times

mic pressLITO, We

favouritism in

respec- N advertisement praising the tive Finance Ministers for a where United Kingdom exports thought that war was imminent Jobs and housing, and 50 ОЛ. "Mogle Air of Sunny Porth-proval,

directly car dollars, and are anywhere in Europe was when The terror is, so to speak, cold, cawi" may lend many to imagine

The British Chancellor of the

therefore, ranked At top travelled.

American hot hot. In the long run It that the magic air is Piri-Piri-Exchequer Sir Stafford Cripps, priority. But observer suld wa domains. In the

satellites amounts to the same thing." Pirt, and that Mr Gerald Barry will open the vital phase of the there was a neat for increased of apples cases of Malayan themselves there is plenty

is there with hig, flute. This is talks with a critical review in exports

pineapples from this year's pack hard fear of war, but absolutely no

and the winter pack of 1949-50. But despite Gunther's Incisive not so. The celebrated flautist which he will outline a series of currency markets, talk of starting one.

analyzes of the overali situations, is touring Sweden with his re- tentative British

These include Argentina (to The negotiations, proposals to

just con. his best job here is the reporting stricted but popular repertoire. meet the immediate dollar crisis pay

for meat, hide, skins, cluded here, were conducted by of myriad observations from At the Sodertello Theatre

in the Sterling Area. in

inseed and coal supplies) Bel-Mr. C. E, Courtney, pincupple which

emerge the pictures of Linkoping the entire audience

He told Parliament last week glum and Switzerland (to re- | adviser to the Malayan Depart- peoples living

under total-rose and roared the refrain :— that im the last quarter the duce Sterling Area deflells with ment

of Agriculture. He is Pin-Piri Piri.

reserves had fallen from £471-Britain gold) and Persia

these countries now costing

fing understood to be pleased with Piri-Piri-Piri,

(to the outcome of his trip and BRITISH PROPOSALS supply her with commodities satisfied with the agreed price, British

she is at present buying with which is not divulged. proposals-none of dollars provided by Britain). which represents a hard line of Observers thought the policy will be almed first

con- at ference might consider a satu- earning more dollars

for the tlon of the dollar earning and Sterling Area, and, second, atsaving problem on the follow- saving mo

more dollars.

ing lines: The Commonwealth countries.

Mr Courtney was leaving to- (1) By saving United King-night or early tomorrow by turn, will give their reactions dom to British ideas and

dollars (in January Bri-air for Canada, where, la advance tain aimed at diverting £100,- believed, he will try to get the their own.

Washington will be kept in away from the Western hemis-move

000,000 worth of purchases Canadian Government to re-

from formed of any conclusions and phere by 1962).

the

imported developments at the conference.

Malayan pineapple a taz which The delegates will meet for wealth countries dollars in the disadvantage

(2) By saving other Common-places it at a great competitive the first time tomorrow morning

compared with of goods which Britain the Australian product. at No. 10 Doming Street, where cannot at present supply, to they will be received by the

Before the war, Britain was British

Prime

them. Minister.

Malaya's biggest customer for Clement Afilee.

(3) By increasing the dollar pineapples, taking 1,500,000 The first plenary session will In this, observers said. Britain only 70,000 eases and Cohada earnings of the Sterling Area cases year. In 1948, she took start shortly afterwards around

BOYS AND GIRLS' MAGAZINE tarianism."

Animals Know How to Talk

-General Tin Tells Teddy What They Say- By MAX TRELL

TEDDY, the

lin

Stuffed Bear, Faid to General Tin, the soldier: "General, do

animais talk?”

General Tin, who was stand-

Correct handling of the trumping by the playroom door with situation in today's hand helped his musket over his shoulder, Mr Cohen to win. The opening ginnced down at Teddy

who lead of the jack of clubs was was sitting on the floor. "Cer- won in dummy with the nee

tainly they tolk. They're and the ace of spades was im- always taiking." mediately cashed. Declarer then led a small heart from dummy to the queen,

Now the problem was how to play the spade suit. Mr Cohen did not make the mistake of lay- ing down the Jock of spades. He knew he had to hold his spade losers to two, so he made the correct play of a small spade. Thus he lost only two trumps and one diamond.

Check Your Knowledge

----1---What-is-the-length of the Volga River?

2.

When in a ship in ballast?

"That's what I thought," said Teddy. "But what do they talk about?"

"It all depends," replied General Tin.

"Depends on

Teddy.

talking. Different animats talk "Depends on what animat is

about different things. Now take the Ducks, for instance. They're always falking about the weather.

Quack, quack,, quack,

Grrr, gr'ır, grrr,"

Behind the Curtain is an American Book-Of-The-Month Club selection for July.

(Tomorrow-Recorded Music).

CHECK YOUR KNOWLEDGE Answers

1. 2,400 miles., 2. When not having any cargo, she carries some weighty substances for stability. 3. Bougainville in the Solomon Islands, 4. Cleopatra. 5. Atlanta. 6. The upper part or flap of the external car.

Ok, girls, I'm'a devil for fruit, And that's why I play on my

flute. Pirl-Piri-Piril

Tail-piece

the taxi saw three young women The policeman who stopped

sitting beside the luggage, In- sidic there госте 10

many passengers that he could not count them. He asked them to alight, and found fourteen more

young women.

(News Item).

-(London Express 'Service)

YOUR BIRTHDAY..

By STELLA

000,000 to £400,000,000.

In

Mr

саза

sured markets

The Ministry of Food had already contracted to Lako 100,000 cases, so that the pre- sent agreement means a further 200.000 cas

RUBBER FUTURES FIRMER

the great horse-shoe table in had an important part to play 5,400 cases,-Reuter, the Cabinet offices-part of the

in Commonwealth demen British Treasury building

by jacent to the Prime Minister's term contracts, providing as-

supplying capital ad-

and materinis, offering long- omeini residence.

This session will discuss the wealth produce, and in suit- for Common- programme and agenda for the able cases by direct participa- last about 10 days. conference, which is expected to ton in development schemes.-

Reuter. From time to time the con- ference will break up into small

NASH ARRIVES · groups and committees to deal London, July 12The New with specific problems of indi-Zealand Finance Minister, Mir vidual Commonwealth countries, Walter Nash, sald on arriving New York, July 12-Rubber

here today THE DELEGATES

that to solve the futgres today spurted sharply dollar crials the United States and the volume of business ex- The principal British or

gates are Sir Stafford Cripps Commonwealth countriesA-steady-to-bigher-tone in

must buy more from Britain and|panded to 204 contracts, Mr Philip Noel Baker, Common-monwealth finance Chancellor of the Exchequer,

Mr Nash will attend the Com-the primary markets induced

Arthur Creech Jones, wealth Relations Secretary beginning tomorrow.

conference commission house buying, in

Secretary, Mr Harold

"Britain's dollar crisis le just

0

WEDNESDAY, JULY 13 PORN today, you have an ex- places of the earth the unusual Bo what?" asked General Tin explained to Teddy

ceptionally high degree of parts of the globe, well off the how the animals talked.

adaptability and can turn your beaten track. You have a great hand to almost any kind of deal of understanding for the "And Dogs?"

work You havo

others and "Dogs, my dear Teddy, talk appeal and people are drawn to often give invaluable advice.

imagnolic problems of

can about watching the house they you almost against your own You are loyal to those who re live in

volition. You are one who is ciprocate in kind, but can be a sought out for help and advice dangerous and vigorous enemy Who's coming h'rr.”

In an emergency. Don't permit if double-crossed. Teddy looked puzzled. H'rr? your field to become too narrow

or you will suffer under restric- "healing hand" and would make

You have what is called What's that"

tions. You need a large canvas a fing "That," remarked General upon which to paint your life.

physician, surgeon Tin. "means here. Dogs don't

nurse. Although you can bo "speak too ̈plainly. That's be-

lively and entertaining cause they're usually gnawing warned

You must, however, be you wish, there is also something like a bone, or they generalisation for there are dan. which is entirely your own. If against too much separate part of your inner life thelr heads on ground,"

the gers, as well, in this. Specialisa- your marriage partner under Teddy asked about Lions, the highest rewards.

Once

should be a very happy one. "Lions," said the Tin Soldier, successful, you can broaden "generally talk about

to include other body else.

every your scope

To find what the stars have In this things.

way, your in store for tomorrow, select versatility won't

a your birthday star and read the Roar, roar, roar,

handicap to lasting success.

Let What's

corresponding paragraph. Being fond of travel you will your birthday star be your daily want to visit all of the far guide.

The rain's coming back. That's what the Ducks always talking about."

are

"Oh!" said Teddy. "And what are Cats always talking about?"

"Cats,"

sald General Tin, "are always talking about mice.

Meow meow meow, I'd like a mouse now. "And Mice, of course," Gen- Who was the "serpent of eral Tin added, "are always

talking about cheese.

3. Where are the blackest people in the Pacific?

4.

the Nile"?

5. Name the capital ff Georgia (USA)

6. What is pinna?

(Answers in Column 4)

CROSSWORD

Across

i and B. Ar our rabe, alas, in the

northern light. 10.

and Well known asect that proved that a monster can take to the BIT. 10.1

11. Milners from the seashore. <s

12. Begone in alang taabion. (8)

13. The present fat

a. Tou Kung trady for the farm

10. Churchillan accessory. (8)

18. Etiax. (4)

20, 200 V ACTOR.

10. Arm-bona, (4)

21. a irme_repnet. 193

A ROMi Porce, (3)

3. Auch may depend upón 12.

Initial request for a reply. 14)

15. Vanamed. 19).

Lamb

Intercessor. tup.

Precious matal (7)

4., Arien, (20

The queen of wil dowers. 19)'

D. ATTORIL '14)

4. Bos 1. Across

main channel. 15).

Ottumaton. (?)

the wild dhuroi sestrand.

LAST. 14)

17. Eiscover. 151

NO. Wilers sou may expect to had a

3D Acro

(0)

"Botuling' of "rüsterday's Duns36—Aergug:|

Squee, squee, squee, A bit of cheese for me."

Rupert & the Arrous-41

Very carefully Rupert contrives

to turn, and at length arrives beside his friend. Bingo is still wallowing in the snow and he gazes up in great rellel, "Oh, Rupert, thank goodness 1 brought you with me,” he gripa **I've lost my abera and a slick and a skl, and I can't get up." "Don't be worried," smiles the little bear, *Your specs ate lun by you, so i the stick, and your ski shat up in the tree and hasn't come down. Let me help you up, and then you can stand on one ski while I get the other.

ALL RIGHTS RESERVED

BRONCHO BILL

UP AT

KARTS

have

for?.

everybody running

I'm just a cat-and a lite more,

Roar, roar, roar.

delo-

Mr

Colonial

Wilson,

futures.

The physical market con- tention turned to futures.

tion in some one field will bring stands this, your life together President of the Board of Trade as much a New Zealand prob- tinued in the doldrums as at-

and Mr Douglas Jay, Economic gether," he declared.

Jam. We are all in this to-

becomo

THURSDAY, JULY 14

Secretary of the Treasury.

The other leaders are: Canada: Mr Douglas Ab- bott, Finance Minister, Mr B W. MacKenzie, Deputy Finance Minister

Australia:-Mr John J. Ded- men. Defence Minister, presenting the Prime Minister, Mr Joseph Chifley, who is his country's Treasurer.

re

CANCER (Juno 23-July 23) CAPRICORN (Dec. 23-Jan "And as for Frogs, they talk-Both business and personal 20)Opportunities should arise, about how long they sit in one matlers may be advanced by a Make sure that you make the Nash, Finance Minister.

New Zealand; Mr. Walter place.

trip. Publicize your writings, best possible use of them now. South Africa:-Mr- Get attention now.

N1 C. Aggressive action pays.

Hovenga, Finance Minister. LEO (July 24-Apr. 23)- AQUARIUS (Jan, 21-Feb, 19)|

India:Mr John

Matthal, Write an important letter. Makt -Keep

head in your

an Finance Minister. agreement in writing it emergency and don't be thrown Pakistan: Mr Ghulam Mo- necessary. You may anticipate off balance by unexpected hammad, Finance Minister. a profitable deal.

events. Be optimistic.

Gr-rumph, gr-rumph,

gr-rumph,

I sit here by the month. "And Sparrows-they always

talk about moving around,

Cheep, cheep, cheep,

I never, never keep

Sull until I sleep, Cheep cheep, cheep,

"And Bees talk about

how

busy they are.

Hum, hum, hum, Work's never done Work's always fun, Hum, hum, hum." **Animals

certainly talk About

n lot

of things," said Teddy in a surprised voice.

An

PISCES (Feb. 20-Mar. 21)--

VIRGO (Aug. 24-Sept. 22) If legal matters are pending, NY FOREIGN

Don't take on heavier respon sibilities, especially if it calls for Increased Investment of

Four resources.

-one. Now friends

settle them satisfactorily. Burl

ness comes before pleasure or romance today.

ARIES (Mar. 22-Apr. 20)-

EXCHANGE

Closing rates

July 12. US$0.94}1⁄2

At the moment, he added, he was not hi favour of a policy of borrowing to solve the dollar shoriage In the Sterling Arca.-- Reuter,

HONGKONG SHARES

The turnover on the Stock Exchange this morning was $317,800. Transactions and noon prices;

SHARES BUYERS SELLERS BALES GOVT, LOANS

$134,000 1003

BANKS

(1940)

HK Bank. 1800 1625 Fast Asla .. 114 INSURANCES

***

Canton Union DOCKS, ETC.

K. Whart N. PL. Whart Dock

Provident

300

650 49716

HK Hotel 11.00

1031

Prices closed 2 to 38 points higher, as follow: in cents per lb.) August Selember

October

November

January (2050)

December

February

March

Apru

Ilay

June

July

August

September

SPOT

10.80 bid

16.77 nominal 16.75 bid

11.60 nominat 10.02

10.55 bid 1646 nominal. 16.30

#

10.10

16,00

16-35

United Isras'

LONDON MARKET

today closed steady as follow:-

London, July 12-Rubber futures September (in pence per October/December January/March (1050)

10-4 10-13 bla

ID-7/10 bid United Prem

FRANCE, IRAN

SIGN PACT

Paria

July, 12-France and Tran signed an agreement today for the exchango of about 2,000,- 11.70 000,000 francs worth of goods.

11.70

300 120

200 381

200 181

futures

4.02 3.99!5 3.9015

257

13

'B'hat Dock.. LAND, ETC.

3.

4.02

1000 1000.

4.03

.0223

0229

B'hat Land

.004873

3.10. 101.

.001514

.0007%

Tram

3700

Light

00171%

(0)

00171

C. Eight

2020

following through New Zealand (pound) of yesterday's Ideas. South Africa (pound)

Belgium frang) . B7 Publicise your plans.

Belgium free Denmark - (lrona}

LIBRA (Sept 23-00 23)- Make plans carefully, but avoid If this is a wedding day, it is a dashing headlong into anything, fortunate may also bring exciting new, pitious hours.

Wait for more pro- Canada (dollar) unprepared.

England-oefsl adventures

TAURUS (Apr, 21-May 21) England-Doday furtures

England-30-day SCORPIO (Oct. 24-Nov. 22) Make moderately good business Australia (pound) You can make fair gains now gains .by if you temper your activities to some the day's polentialities, fairly progressive.

SAGITTARIUS (Nov. 23-Dec. GEMINI (May 22-June 22)-France-official "And Teddy Bears-

falk too 22)-Continue activities begun Be conservative in your de France-frea much," said General Tin, who yesterday. Leave no loose ends. livities, but don't procrastinate didn't want

France-commercial to answer

Holland (guider) any Finish one job, before beginning if doclsive more questions.

action is needed. Italy-official another.

Un keen judgment.

Italy-export Norway (krone) Portugal (escudo) Spain (peseta)

Switzerland-free Switzerland, unomical"

Middle East East (pound} Tran (rik). Turkey, (ra).

Laua Am Argentino oficial Argentine unofficial Brazil (cruzeiro) Batlyin boliviano). Chile-offl Chile-fres, sever Colombia(poso)

Ounce of Prevcation

GRACIOUS Į FEEL A BIT

(GULP)

MAMA JONES.

By Harry F. O'Neill Sweden Krone)

·LEMME

A HAND ON THE ROPE

Alexico ipaso)' '15; Peru-oMula). Peru-free Uruguay, '(peso) Venezuela (bolivar)

India"; trupee). Pakistan rupiah) Hongkon Netherlands Singapory dollar).

9010

Cumphreys

100911.70

2000 → 11,70

100011

Iran will export oil-bearing produels, rugs, wool, skin, minerals and dry fruits,

France will send tools, motors,

720 18 500 @ 175' pumps, farm machinery, trucks,

Iractors, and chemicals ABO ciated Press.

(N) 46 9.30-

Electric ....3333

Cement

0015

INDUSTRIALS

2450

Поро STORLES,

4.13

Dairy

30123

3370

Waison

POTT

3002

0050

Kwon Sang

COTTONE

Ewo

34 100 # 331

200

COPPER PRICE KUP AGAIN

London, July 12-Having cut Its selling price for copper on. Monday some £13. 10s, to £104 por lor ton, bringing it” into line with the United States price, the Ministry of Supply. has been quick to lift it again by £3. 10 to £107. 10. to matchi

Exchange Rates the Tao ofths of a cent per

Business was done in the local

moming at the following rate

polnd avoirdupois

-ribounced in New York' on Tuneday: This reduces somewhat

the

Sterlin Bourke, bote (per 22:11 Low which fails, upon the

29. plastres.. (par. 100)

'NKT gulders, (per- Blant Llanis, ¿DWT (100) 'Singapore"){(@EMILO)

$20 Treeniry as a result of, Mone 800 days drastic lowering of the 90.80 1x | base metal prices.United Press