THE BUSINESSMAN
Conference U.S. Rubber
Meet In Strange Stockpiling
Circumstances
THE HONGKONG TELEGRAPH, THURSDAY, OCTOBER 26, 1950.
FOR YOUR SPARE MOMENTS
JACOBY
ON
BRIDGE
Take Guessing Out Wherever Possible
DUMB-BELLS
BUT FIPO CAN'T READ!
THIS BOWL IS JUST THE THING FOR MEALS, IT BEARS THE INSCRIPTION "FOR THE
DOG" PET
A
FOR
Tin
• BY
THE • WAY by Beachcomber.
•
POCKET CARTOON
•
T enormous personal ex- and incon- pense venfence I have made a chart or plan which will, I hope not, help motorists to get about in those placen where the roadst ure being torn up.
C. Suct, Esq., stands out
CHARLIE 'SUET was In con-
ference
with yesterday
the nine Boards responsible for for he distribution of metal hape of trousers. When they
he
to
offered to solve his problem by sharing the responsibility rald he was afraid that would mean that the Ministry Bubbleblowing would have give up a bit of its sovereign- ty, and that it would be bat- ter to have no houses at all than to awe them to a joint ffort which interfered In any
Downt
Oven
}
DEAR
Artic-
By OSWALD JACOBY
THAT'S the craziest trick "THAT'S
I've ever seen in my life,"
Rauped North.
"That's nothing," wald Pessl- mistic Pole. “Stick around, old fellow, and you'll
crazier tricks."
zee even
The trick to which North re
ferred was the recond trick of
the hand shown today. I wonder YOUR BIRTHDAY · By STELLA
how many renders will figure
Dut
Pessimistic
whint actually did.
Pete
West's opening lead was the ix of hearts, and dumny won with the queen. What Is the craziest and yet most sensible thing that declarer can do at this point?
THURSDAY, OCTOBER 26
you are born today, your You of the fair sex are char- personal convictions are very ming and have a great deal of You are strong. They may not be conven- personal magnetism.
and are are yours and a natural homemaker in notional, but they Pestimistic Pele was hurry to make in second play, you will stick by them. Some extremely After about a minute, however, thing of a reformer at heart, you You would make an excellent
since you he led a low diamond from the went to see the world improved teacher, dummy!
unt you want
fond cf children.
are under-
a share in deipt standing and sympathetic. You Not onc to merely give know how to inspire children to East won with the ten of dis-ndvler, you are right out there, do their best work at all times. monds and returned a spade, sering that your ideas are acted You will make a fine thother and should marry at an early
"You are the age.
type that could have a career a well as a well-planned marriage.
Pote won in his own band, en- upont
tered dummy with a trump, and Fonct of ruffed a low diamond. He then drew the rest of the trumps and entered dummy with the ace clubs.
selence, you might have an excellent career in this held. You have a high degree for adaptability derpile your in-
To End what the riars have Lividuality and can learn
of chang- in flore for tomorrow, elect The not and king of diamonds conform to all inds
without any your birthday star and read the dropped East's remaining cards he conditions
Let in that sult, allowing Sauth to difficulty. You have many exé corresponding paragraph.
your birthday for
your discard the two losing spares rutive talents-
timly guldc. now belter leader than follower. The low diamonds were good, but South needed only one ut them in order to disenrd his loring club.
The remarkable play at trick two was not ng crazy zeemed. South wanted to estab 1sh the diamonds without using
|#Q1073-
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FRAL Sonilt
North
West
Pato
せ
Pass
30
Pass SA
Post
19
Poss
Pass
I'ara
Pusa
Opening lead-❤ 0·
control of trumps. He couldn't tell how either red cult was going to break,
The line of plny Pete adopted assured his contract against any 4-2 break in each of the red suks. He needed to ruff only one tia- mond after giving one away and therefore could stand a 4-2 trump break. Since the diamond ruff occurred on the second round, he didn't have to fear an over- ruff.
Pete might have made his con- tract by some risky line of phy that involved guessing how the missing cards were distributed, but the line of play that he ne- tually adopted required no ques work and entailed no risks.
CROSSWORD
Acron
2. A period of light duration. (7)
6. At barter reftren, (9)
Indeed! About & friend, too, 101|
9. Troness (4) 11. Dhemalionai (5) -
12. Based or not it makes advances
so JACK. 14)
and pre
ה
FRIDAY, OCTOBER 27
slar be
SCORPIO (Oct. 24-Nov. 22)- quieting but don't depend upon New duties and responsibilities rumours. Wall for the truth, may call for the use of all your talents. Be prepared to meet them.
SAGITTARIUS (Nov. 21-Der. 22)-An excellent day for all types of merchandising. Solve a dimcolt romantic problem th evening.
GEMINI (May 22-Junr 23)-- Morning hours are fruitful. When afternoon Work hard.
Rest comes, you can slack off. this evening,
CANCER (June 23-July 23)- “Cement a friendship. You can CAPRICORN (Dec. 23-Ja. And pleasure in congenial com- 20)-Slick to your scheduled plans, If 121 depart from Panionship.
routine, you may be in error,
(Jan. AQUARIUS
21-Feb. 119). A quiet evening will prove
advantageous In stering fortnies needej later.
PISCES
(Feb. 20-Mar. 21) Perhaps you can introduce two friend and start an interesting
matchmaker! romance. By a
some
ARIES (Mar. 23-Apr. 20) If attendinit 12 theatre or n elderly Invite concert, person to share your pleasure.
TAURUS (Apr. 21-May 217- News from afar can prove ills
BOYS'
travagant
Don't
be
ex-
LEO (July 24-Aug. 23)- Keep, to your scheduled routine if you want to finish a job on time. Optimisin pays good divi- dends.
VIRGO (Aug, 24-Sept. 22)-- An upselling day for children. Do your best to help. By care
business and full about mixing
penaire.
23-Oct 23)-
controversy.
LIBRA (Sept Don't get into a If a scheme looks plausible, go into it. Otherwise stay out.
—UNDLA
BACK
BACH
way with those full powers of the Ministry which had proved to beneficial to all, and had resulted in the present happy state of affairs.
What is Rhubarbiem?
de la Haute
THE
HE Marquis
Petre, who runs the Hitle Neantiate Thentre in the Tur den Mauvaises Odeurs, points out that Dr Rhubarb cannot be he called an Existentialist as debelieves in either creence ar existence.
ree. And I notice
that Alisa Dorothen Collick, review- Professor Gaukroger's "As- perts of Mumbojumbolory." Stinck rather says: "It is to
nets
than to Zacchera that one must Irok for the source of Prender- East's crude Rhubarbiem, which lakry no account of thought or emotion, per se." That is fine-
Though, ty said.
in calling Rhubarbir mere denial of Helger's Thrte Propositions. 1 think Tashpal does Mumbo- Jumbology disservice. Sec Rumbling and Tortmeister: Zur Dialektisches Phanomeno- lopie de belregens Hegelichen Logik
und EntwicklunÜR- geschichtenplllosophienseligions-
pepracht). In passing
"But, my pet, you're just a little too early. It's not
till 1952
CHESS PROBLEM
By A. F. JANOVCIK Blnek, 11 pieces.
2
A
1, R-Qi; threat 2 Kt (KS)-87. 1. KD4; 2, K-K15; 1 ... Kt---Q5; 2. Ki-Q3.
(FROM OUR OWN CORRESPONDENT)
London, Oct. 25.
Condemned
Washington, Oct 24. United Stales motor Urs manufacturers havo denounced the Government's rubber stock piling programme in a 44-pg - donal Production Authority, analysis submitted to the No
tho
A conference to establish a commodity scheme could scarcely meet in stranger circumstances than
The tyre Industry said that those which form the background to the Interna-"economie chner to South-East programme would bring |tional Tin Conference which opens in Geneva to-Asia widespread
te the United States and r
unemployment day.
mentous Inventory losses to The purpose of this conference may well be-re compantes and thousands small businessmen next year come obscured by the present prosperity of the in- The repori recommended dustry. Yesterday's price was again an all-time the Government to slow down
its rapid stockpile record.
accumpula- tion of natural rubber and void "major upheavals in the producing
of the Fur East."
Moreover, the possibility of a "burdewrome" surplus, which
the scheme is designed to pre- Wool Quota
vent, has so for receded that an acute shortage exista nad Geens Ekely to persist into the foreseeable future.
In fact, events since the in- vasion of Korea, which have
brought about
System
nreas
A spokesman of the National Production Authority compl mented the tyre industry group on the "completeness" of Ja
discussion
Plans report and premised a defalied
widespread Abandoned
tranament programines seem solved the problems
to have
10
which the Conference is to dis- The russ. The onus will be on the and producers to convince the con- umers that it is in their own long-term interests lo have a scheme ready to be put into operation when and if it be
comes necessary,
affitudo
at
Sydney, October 25,
Minister of Commerce Agriculture, Mr John McEwen, rald tonight that pro- posals for the allocation of Aur tralian wool on a quota system to overseas countries have been abandoned.
of the Problem probably next month.-Reuter.
N.Y. Foreign
Exchange
Canada (dollar) England-omelal
Unofficial
30-day futures 00-day huren Australia (pound) New Zealand Ipound) South Africa (pound) Bells (franc) Denmark (krone)
Mr McEwen said there will White, plecer.
AMERICA'S ATTITUDE be to interference with the White to play and mate in two.;
America's
this auction system of selling wool Solution to yesterday's Conference will be all-impor- on the open market, problem:
lant. She voted against thu
The Minister, who has just convening of the conferewe and returned from the United King- events since the Paris meetingdom and the United States,
are aid a plan to enable Great France (franc) of the Tin Study Group not likely to have caused her to Britain and the United States change her attitude which to obtain wool for defence pur- 1st agreement In principle, pores was under consideration but
opposition on technical but no defnile decision had to the scheme proposed by the been made.-United Press. Tin Study Group.
ter Check
PHOTOGRAPHS of actresses which show what their faces really look like ate great fun. It would be still greater fun to publish pictures of thei with their heads stuck through cardboard holes on the pler and
Your
Knowledge
1.
What is the literal me Ing of philosophy?
2
What Is dermatology? What English guards are nicknamed "Beef-ratars"?
4. What is Arizona?
5. What is a squeegeel
Chicago Grain Market
Chicago, Oct. 25.
West Gemen
Deutschemark
Holland guider) Italy-official ....
|
Norway Krone)
Portugal tescudo) ... Spain (peseta) Sweden Krone) Switzerland-tres
Closing rat October 15 USFO.D3
MIDDLE EAST Egypt (round) ...... Iran (rlat)comm Iraq idina)
2,60-3/20 2.01 bid. 2.01 asked 2.40-3/19 2.0144 2.2234
3,70%
2,00
0100%
1453
0025%
4,20
1100%
1405
.0350
*900*
0037
2207
2.6054
03:24
7.001
Turkey (lire)
.4375
LATIN AMERICA
1130
.0350
011
1.00
3130
Of course, this attitude might be desired to delay agreement on n scheme which is clearly unpopular In Americn. But the attitude of her deligates ut Geneva will be influenced by
Argentine ell the capital of the view of the State Depart-
Brari (cruzeiro} ment which SCUS A need tu
Soybean futures advanced to Cle-free
Columbia (pet) ..... safeguard the tin industry in the ten cent limit, while soy-Cubo (peso South-East Asia In u political bean oil and cotton seed oil texico (pero) rather than in a commercial also gained. The prices of soy-Per-treh
Uruguay (prsni ..... bean rose to almost 5 cents a venezuela (bolivar BRITAIN IN FAVOUR bushel Immediately after the
also opening. But then the advance India frupee) —Britain's—position-is rather anomalous. On
was attacked by realtered pro- Pakistan rupee) ....
Hongkong int-taking which hand, she is an important conclines of around 1-1/2 cents.
brought de Netherland East sumer of in, but on the other Later the market
Indica
6. Name the sea which links the Pacific and Arctic jelned to the bodica of thino-along the coast of Alaska,
Ocenas erroses and ostriches.
(Answers on Page 8)
For f
they stopped taking themselves su seriously their idiot-publlo might follow suit, and then the whole "glamour" rad
racket would dissolve in loud and healthy laughter. What a hope!
Wimbledon
Til chief interest in
the
Wimbledon tennis being the clothes of the lady players, it might be a good idea to uliow only mannequins and fim ne- tresses to enter. It would make the fortune of Wimbledon, and anyone
who was eluurligh to enough
complain of the standard of play would be torn to picces by those who hart queued all night to see Miss-, in her mackerel-skin shin- Kuards.
(London Express Service)
AND GIRLS'
DUTELLIGENCE TES
LITERAL
By 7. O. HARE
SUPPOSE that
ine Tellers AD C, elc., represent each particular, diga)
Suppose that of a num ders thus represented CD3 the farger and CE the smaller. and that the difference between the square of C. D and use square of CEDAR an even number
Suppose finally
At three valute conse
assigned to
tent with the above data
How should we repgricul **iiterally the square of CD1
(Solution on Page 8)
MAGAZINE
Funny Way to Wash Your Face Rupert's Climbing Adventure-4
"I
--Cats and Lion: Use Their Paws-
By MAX TRELL
animals and not people, who romed about everywhere.
SUPPOSE," said Mr Punch
"In those days, my dears, the to Knart and Hanid, the
King of the the lion was really shadow-children with
beasts. The bears and the mon- turned-about names, "tant you've
the clowns and sometimes wondered always wash their
their paws.
were
why cakesters who made everyone. faces with thigh with their tricks, And It's an old thing the canarica and the night- farly any other animals ex fagales made ait the animals cept perhaps the lions and the happy with their singing.
gers (who are cais, too, in a big port of Incen like that."
The shadows replied that, as matter of fact they had won dered.
day King Lion "Now, one way)-wash their
callel all the animals togelber and when they had all gather- ed before him, from the hugest dephant to the tinien! mouse, wald: *Tomorrow i my of this In honour birthday. Then Mr Punch told the story event I will hold a great ban- of why cats always wash their quet. Each of you is invited. There will be singlog and dancing. There will be games and races, There will be plenty "It all started quite a long to cat and to drink. Let every-
Inces with their paws,
Long Time Ago
23. Say goodbye to the last trace of time ago when most of the one come in his finest clothes 16. No char dare be anything but towns and cities and villages Let everyone look his best!'
your holiday you dance. (4)
soft-hearted. (4)
18. Turn dia and come uninvited and all the other places where
people live were nolbing bui
21. He could have taken rice, bus cot forests.
All At 9000. ($)
2. Lead sort of viracity. (5)
33. Bak water. (5)
Down
L. This affords a chance for a wag.
2. Many of the beat winds Bro. 193
3. Give to 1 (8)
4. Bwing the lead. 10
5. A colour predominant in chees
Judging by poopio's face. (6)
7. It hits Gavost-faire thus makes &
man this 170
10 A rota Includes the main arsory.
12 la zou may think' may take
Ponte tima. (6)
1. Drond dr the totalleer (31
15. TOTALER & pofui commodity with
A
(3) 17. Lain to qya. (s) Bore you have speed up in the
runk cali
JO FOD INong the pace makers, (2 Solution of yesterday's puzzle. Across:
Here and there some
up in trees. But it was
the
"Never," said Mr Punch ns he continued his story, "was n Hurry, such a in eaves or high there such peoplo Hved
hustle-and-bustle in the forest us on that day. The birds sat on twigs and branches preen- ing their feathers and shining their bills.
elephants The scoured themselves with sand. And at the waterfall in the middle of the forest all the Luimals from far and wido waited their turn to shower themselves and dry and comb their fur in the sun
King of the Beasts,
"It was only the ent who de- loyed."
"Why did she delay?" Hand naked.
**Why didn't, she come down 10 the waterfall Ilke all the others?" asked Khart.
Mr Punch puckered his lips In a knowing, smile, "She was
Bingo a la explains ho de. "That book you saw me reading was all about mountain climbing." he says "It's very exciting, and These we're going to do some. things are ice axer. They're only made of wood, but they're the best "There I could do." Rupen stares.
ren't many mountains seat here.
All Ant
he
are there ?" he says. "And surely there won't be any ice oa them in the summer." "You never know," says Bingo importantly, and, as tor mountaina, we can start prals. ing there." He points across the country to where, a long way oil, a rocky hill rises sharply from beside the winding river.
#ADVED
sense.
one
she has vital interests in the
Ilmit.
zoomed
up Singapore
producing Industry. Despite Pain and reached the day's Japan this conflict in basic interests, Britain is expected to be in the stimulated a light
The soybean and all markets demand in forefront of those who favour
scheme.
the
The conference is also of treat Interest fo: another It is the first to be
reason. held
wheat. There was also some New short covering. No fresh export business was reported in U.S. igrains.
Wheat futures closed at 1/4 to Six of the 3/4 cent higher, corn was to
under Chapter Havana Charter. As producers 1-1/4 higher, oats were 1/8 to Spet
and consumers have equal vot-1/2 hither, rye was 1 to 1-1/4 December ing power under this Chapter. higher and soybean. 8-1/4 to 9 May
the
Tin Conference will be hipher.
זואי
an invaluable guide to other Prices mdustries which may decide to follows:-- adopt a commodity scheme in Wheat-price, per bushel future, to see how these flicting interesta such circumstances and what I May more important, how they can be reconciled,
,0650
3300
3000
PAR EAST
3104
1703
2040
3305
20 yen to Us
United Free
Orleans Cotton
Futuros
Cloning rata
October 2
39.30
29.-31.0
30.42-35,49
39.36-39.37
58.01-30.6
29.74-35,15
23.47.BA
United Fres
OUTWARD MAILS
March 11951)
July closedl today as October
December Starch (1052)
con-
2,1412
behave under March (10513
December
243-22351 3374-2.4
July
2.20 2,10
Corn
December
1,49-1.40
March (1951)
1.32
May
1.551 - 5%
July
1,312
nye
December
1.41
July
1.47%
Dais
December
83
LONDON TIN
MARKET
London, Oct. 25,
Tin prices continued to soar
to new record highs on Wed- nesday morning. The turnover was 70 tons, including 15 tons for cash.
March (1931)
New York four-per 200 19. sack. $12.320---United Press.
Prices elered today at the end H.K. STOCK
of the official morning Gestion
as follows:-
Spot tin. buyer
Spott, eriler
Business done at
Three-moaths tin. buyer
Three-months tin, seller.. Business #ono at Settlement
123 923-
495 - $35
-United Press.
New York Sugar
Futures
New York, Oct 25. World cugar futures closed today
unchanged to 6 lower, with sales of 254 contracts.
Contract No. 6 closed today unchanged to 1 Lower with sales of 470 contracts
Prices closed today 03 follows: Coriract No. 4 (world)
March
March
sleeping,"
finally sald. self in a pool and saw how un- was, and how "The whole night before, in- kemp her fur stead of resting, she bad taken dirty was her face. But the January (1051)) herself all through the forest, Fool scit was muddy, and she
May hunting for mice. And she had hesitated to dip herself in for y not even come home. No, when fear of getting herself more Spot the sun started rising over the rolled and mussed than the Contract No. 6 the world, the crept was already. Then suddenly,nuary (19911 edge of
af the caves May behind a dark busn, and curled just outside one herself in sleep. It was the where the people lived, the July Larking of her enerny, the dog, noticed a woman rubbing the pot that woke her with a start face of a little girl-child with a
damp clump Time for the King's party soft,
of cotton. New Time for the King's party!' Only the cat, did not so the clump of colton. She saw only the woman's hand moving over the girl-child' face and saw how clean the girl-child's face becamel
Sprang to. Foot
"The cat sprang to her feet. There stood the dog in front of her. Look at you!" barked tho dog angrily. You look as un- tidy as a tangle of thistles on u windy day!
620 iraded 4.54 bld 4.51 bid 4.53 bld
ប.ស.
5.50 moralaal
0.38 bid
6.30 bid
5,31 bid
4.30
-Uniled Pres
EXCHANGE
Activity was brisk on the K.K Stock Exchange this ntorning, transaction to a total value of $830,270 being record- ed up to noon. Noon quotations were: SHARES BUYERS BELLERE JALES BANKS
1400 10 1450
HK Bank Fast Asia INSURANCES
Canton
DOCKS, ETC."
100
200
K. Whart DILL .. Whare 4.16 Docks
15.20 Provident. 12.30 S'hal Dock. 3.35
Wheelock...
LAND, ETC.
HK Hotel . 0.80 0.03 IIK Land .. 4215 F'hai Land Humphreys 9.70
UTILITIES
Tram
500 0139
A Christman purest und istter mali by se to tinted Kingdom per a Corta will be closed a follows:
O.P.O. Hongkong Parcals Oct. 28. 10 am: Reg. 11 a.m.) Ord., Noon. C.P.0. Kowinop Reg., Oct. 28, 10 a.m.; Ord. 11 A.M.
This mail is expreted to ste rive
#boxi at London an of Nov. 21. The Public але гр guested to post early, es this will be the last opportunity to post parrels by sea to arriro is the United Kingdom ta Lima for Christmas delivery.
#00
Pirms intending to make bulk postings of parcels are advised that such postings should be tendered for Docilag before p.m. on Ore 25 to ensure con naction with this malt.
Unless otherwise stated. 11:00 cistered Articles thy mir or are) and Parcel Ports close
Tour earlier than the ordinary mall. If malls close before A.M.
Paresi Registered and Porte cloi st i DM, an The previous day. Malla ura closed at Rowloon Central Tost Ofes one hour earlie than the Gr.O, cloring Umes.
Hurma.
R
THURSDAY, OCTOBER 15 Closing Times By Alr
Trap India, Pakistan, Egypt, East & South Africa. Maurk Hus, Great Britain, Italy and NW, 305 Europe, p.m.
1000
1100
300 P 25%
100 100 0
144
200 012 500 # 10
14141 2000 14.20
Star Ferry, 75!!
C. Eight (0) 13
2000 14.30
6500 i 14,40 500 + 14 23
3790 14
C. Light (N) 92% 101 2000 a 10%
2014 10
.... 2032 500 2500 2915
1114
300 113
137 141 1300 14 131
Ekecirle
r
Telepone INDUSTRIALS
Nope.. STORES, ETC.
Dalry Dairy (N) Wation
York Rubber Coment Futures
Crawford 23
New York, Oct. 25. Rubber futures closed today at 10 to 100 points lower, wiih
of only 50 contracts. COTTONS Trading lacked distinct features a dealen awalted developments
Bales
factories showed incentives. In the spot market,
Intereat.
"So the cat," said Mr Punch, "did the same. She rubbed her paw across her own face. Each How will you time she rubbed it, she put her in the spot market or other get yourself ready in ume for paw to her mouth and wet it the King's party? Well, ibat is She rubbed her face-hër sides your worry, not minel And off her back-even her talli And Prices closed heran, for he had no intention, when she reached the King's follows:
party, how clean and pest end spot.
hining she looked! King Lion |December stilled with pleasure and rob (1031) only the dag, her oldest enemy, July frowned and growled.",
of being late himself.
*Weil; my dears, for a mo- mant or two the cat was really worried.: She' glanced at her
PAY
only routine
today
bo. traded
Kwa
3.30
1800 15
Slom, olaya & Indonesia 3 pa Indo-China, French North Africa
France, 5 p.m. B.N.B., Australia & New Zealand, 3 pm.
Formose, p.
Closing Tinte Thy Bon Australia & New Zealand, 2 pm. Stam. 2.pm.
Japan & Canada, 3 pm.
FRIDAY, OCTOBER TI Closing Timer By Air Malaya. Indonesia Ceston, Aue tralia. Now Zealand, India, Trg EC35i, East & South Africa, Movit this
Great Britain, Italy and NW,
| Europe. 8p..
Jamen, 1 p.
Philippines Hawali
(letters second lans
* USA;
parcela), "Guam flettere and meet Cinen mal), Canada (initers only);
2000 # 2514 3 pm.
3250 41 23.75
Exchange Rates
Business was done in the lock). unofficial exchange market UNJ morning at the following rates Aterling note, (per 2) 16. dollars.
(per 1 2250 nomina) | Indonesia quiklern iper 100) ..,
Siam tea per 100) Ringapore (Biralte);
17.50 €47.60
“United · Prana.
FZC pissiivs, (per 1001
14.10
€26
EXT
Formosa, 4 pan
Cloving Timer By Bou.
Melaye & India. 9 a.m.. Pakistan (Parcels only), 9 x.m. Formosa, 2 D.M..
SATURDAY, OCTOBER 23
Closing. Timas Dy Aly Indo-chlos, French North Atta
·k Franos. – 20 051,
Formasa, 2 pm.
glam. © pin.
A Closing Times By Sen p.m...
Vprovincom.
malaya. 2 p.m. Philippines. 2 pm
(1.8, A. Canada,
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