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HomeMy WebLinkAboutZurich Herald, 1930-02-13, Page 3• What Befell Mr. Lamb in Wall Street & writer in the 1',Aulceical>, Review paper profit of $1,200, and. uses it as of Itpyiews" fives a typical caka of the required tnarglii on the purchase "thousands" Who suffered in the Wall of 40 new shares at the prevailing - Street eraslls. c explains how the price of 40, This seccind investnleitt roan lost lhf5,ey. Mr, Howard costs $2,800, but requires no eash.-i Florence says This. He now owns 100 shares,' valued "Lel us talc •tit ietioal person, at $7,000, on which the broker is will, not uitli1 a many thonsancls o1 real ing to lend him up to 70 per cent., or $4 900. They have cost laza $3,000, Paas, M. Latltb enters •the Street, „ early ire the year• 1929, attracted by plus $2,800, or $5,800. He has put in tales ho has heart. He his $1,000 of only his original sum of $1.,000 and savings, and ho has watched a cer has borrowed $41800, twin stock rise day after day ' for "As the price further advances, to months. It rose from $30 per share 80, .our investor bays 'S more shares, in January, 1928, to $50 in Decemberstill without additional cash. The of that seine year. We are using exact whole is flow worth 135 times $80, or ileum in this example, though there $10,800, on which he has Borrowed is no need to flints the erotic, 7;600, or approximately 70 per cent. "Mr. Lainb can hold back no long- of the market value. The three er. He buys, But instead of buyiug blocks have cost hien $3,000; plus 20 shares at $50 each, he fiuds that $2,800, plus $2,800, or $8,000, He paid with his thousand dollars he can buy for theta with $1,000 cash and $7,600 60 shares! The stock costs $3,000, of borrowed money. but he buys on a 30 per cent. margin; "Up to this point Mr. Lamb is a that is, he invests his own $1,000 and successful financier. He 'owns' 135 borrows $2,000 from a bank through shares of his favorite stockesinStead the broker, using the shares them- of the 20 that he could have bought selves as security. outright. When the price rose still "ILis stock continues to rise. When further; to 86, he had a paper profit it reaches 70 he bas a 20 -point profit. of $4,000. In a rising market the It is worth $4,200. His profit, if he thing is quite as shape as it seems, chooses to sell, is $1,200, or more The fact that he owed his broker than 100 per cent. on his investment. $7,600 did not impress itself. Was But he is not satisfied. Ho has dis- he not 'worth' 7.35 times $86, or covered that he can borrow now a $11,610? larger sum from his broker without "But our friend had become a additional collateral. speculator; and he soon paid the "In other words, he capitalizes his penalty."...-. �� ritain Will Keep Cyprus Colony Secretary of State Says Ques- tion Definitely Settled London—Great Britain has refused the request of residents of Cyprus, Mediterranean isle, for permission to affiliate themselves with Greece or a grant or some form. of responsible government. The answer of Lord Passfield, Secretary of State for the Colonies was firmly worded: "This subject is definitely closed and cannot profitably be discussed further," The words were contained in the Government answer to a memorial from Greek Members of the Cyprus Legislative Counil dated last July. The memorial claimed to have sign- ers representing five sixths of the population of the island. A similar plea for annexation by Greece instead of eontinuiug Under British adminis- tratien was made by a deputation from Cyprus which visited London last N.=venlber. The plea for a "responsible govern- ment" overnnest" In the islaud also was refused, because "the time has not yetcome when it will be to the general ad- vantage of the people of Cyprus to snake trial of a constitutional expert - silent in this direction. • Cyprus has an area of ,3,584 square miles; its population in 1921 was 310,- 715, 10;715, including 61,000 Mohammedans. It was settled by Greeks and Phoeni- cians at an early date and was part of the Persian and Roman Empire. The Turks conquered it in 1571 and retained possession until it was ceded to Great Britain for administrative 'purposes in 1878. The island was annexed in 1914 and in 1925, was given the status of a colony. Rk MacDonald to Protect Scotland's "Royal Mile" Edinburgh Fears Development Plans Along Historic Roadway England's Ne i' Challenger For The Speed Kingship roti DRIVER TO ATTEMPT NEW WORLD'S SPEED RECORD Kaye Don and his mechanic test sands of Carmarthenshire, Eng. Don will attempt to break Segrave's record at forthcoming trials at Daytona '13each, Mexico Tires Of Moscow Now it is Mexico's turn to grow weary of Soviet intrigue. Diplomatic relation have been broken off, and the Mexican Minister at Moscow and proceed to Madrid leaving only a caretaker in charge of the offices there. The law of selfpreservation probably will suggest to the care- taker that he also will be more com- fortable else where. In fact there appears to be a general exodus from. Russia. Mexico evidently has had its eyes opened regarding the activities. of Communist propagandists. The Labor Government in Britain also has had recently an object lesson in this con- nection, and no doubt will have oth- ers, as the "Red" workers is as tire less as he is ubiquitous. For years Mexico has been a base for Com• munist activity on. the North Amer- ican Continent. As usual, advantage has been taken of official. recognition of the Soviet in that country: Latter- ly the propagandists appear to have been directing their attention more particularly to Mexico itself and to its institutions. Subtle methods have been employed. The Mexican Em- bassies in other countries have been annoyed by hostile demonstrations. These have been staged at Washing- ton and in several Capitals in South America, while in Detroit the Mex- President-elect was roughlY Edinburgh, Scotland. — Edinburgh is gravely disturbed over the future of the historic "Royal Mile" lying be- tween the Old Castle and Holyrood Palace, which is perhaps the most classic roadway of the whole British Isles. The trepidation• arises from the fact that Calton jail is being demolished, and the area around is to undergo "development,' which has a sinister sound to those who would preserve tthe historic roadway. The prevost and citizens of Edin- burgh have, approached Prime Minis- ter MacDonald and have found him sympathetic. "Edinburgh is not a new mushroom city," he wrote in answer to the re- presentations, "but embodies for every Scotsman the history of his na- tion and the 'reverence in which he holds it." He added that the plans for new government departmental buildings and extension of the Scottish Nation- al Library must be carried out. But regarding other plans he suggested that the government would support Edinburgh in safeguarding the future appearance of the historic quarter, even if the city does not possess town planning regulations enabling it to regulate the class of building. German Pair Still On Lonely Wand Scientist and Woman Com- panion Living "Natural Life'' Berlin—Reports that Dr. Karl Rit- ter and a young woman companion were still subsisting en uncooked foods on a small Galapagos island in- habited only by themselves were re- ceived with uncommon interest by a Berlin schoolmaster. I' • the woman is the schoolmas- Hilde Koerwin,26. Snow and Ice Hold No- Terror For Arctic Pilots. Skis, Installed in Plc Wheels, Make Take) and Landing Easy speed Task Portable Hangars Needed Snow covered landing fields � that, have discouraged) Pilots in thle'texni perste region during the lust weeks would present no ` difficulties to the real cold weather aviators. But nearly` all ot the ilYers who un- derstand the tricks of taking off and landing with skis instead of wheels, of keeping the oil from freezing in the feed pipes and of starting anti' warming up an engine in a tempera- ture far below freezing are flying in our northern wilds where these con- ditions obtain for.months at a time. In the far north dog teams are give' lag way to planes when speed is es- sential for a trip across country, and planes are flying from snow and ice runways. One difficulty that has to be met ha the polar regions is the effect of e -I treme cold upon the motor. Sonne-, times it has been necessary to keep a stove under the motor. A portable hangar is a necessarY1 item of equipment. This is a three-. sided wood and canvas screen to pros tact the nose of the plane. With the, ship headed up wind and the hangar: in place the motor • is protected from the bitter gale, and a heavy covering er the engine will keep it warm for Record of Races In Year 1929 More Than £729,000 Divided Among Owners in England Many interesting facts concerning the 1929 flat racing season emerge from a report issued in England, the soma time. principal of which are given below. They reveal a definite "come -back" 1 Sometimes the hangar is built with to favor for racing under Jockey Club{ blocks of ice. If a Pilot lands where! there are Eskimos experienced in ig- rules, andp s it cordsly safe bets prophesychloo building he can get a haugar built; For that all past records will smashed) in the approved fashion of ice mason tar's wife, Mrs. i e in 1930. � She left her husband to accompany The statistics show that more than rSometimes, however, it is warmth the 45 year-old physician and scion-� three-quarters of a million pounds into self-imposed exile. on the' were distributed to the owners of win- that gets the cold weather flyers into test t o ners, not including prizes to second trouble. More than once a pilot basj lonely Pacific island last July. 1 third horses. left his ship parked on the ice cover- Word over The Spice of Life- Divorce if e Divorce in Russia is So Easy to Secure That ' Girls Have Big Variety in. Husbands Moscow Wives in Soviet Russia eheive their old husbands for now ones often than husbands seek new To Probe Deaths By Anaesthetics Word was received here some tame ane ago that she lost her life when Rit-, Thcrease of e were fourteen1 over the previous s run, au in- ter's sail boat capsized near Charles Island another of the Galapagos season and a record to date. The ledut but a Chicago d alb and them thin, from £ 782,000 to £765,00money shows a slight 0 imine bed sal week heThese totals include English and both safe on their lava -strewn isle. airs. Koerwin had been a disciple e hcottas sl owna. cing,s but ofdecreaseIrish, which and patient of Dr. Ritter here. had little difficulty persuading her to year since 1924. to the join him in his back-to-natuventure. wine ners tal rring value 1929 flu stakes England was They took with them delicatephysio- logical instruments to measure the 212 ,000of this amount. were allotted effect of the "natural life on them-£ The total won in handicaps was selves.R Ritter was a born. recluse, investi- £242,567, selling races other than gation disclosed. For years he led a handicaps, £26,468, and weight -for -age morac , Crusoe-like life in the heart of Ber- racesre241,411,an 4,600 horses ran under ican u h1Y lin. He made all his own clothes', recent visit. T'he and raised oats in a bed in his tiny to mbar Cl two -year-olds decreased by key Club rules. last year. The Mexican during his 146, but the number ot four -year-olds Mexican Foreign connection in state pot hd he could make his main food, r upwards. an increase of went ng o off in connection withia fiisP porridge." to the Galapagos is- and p showed an season's of breaking cow, of owe that elations Before going with Moscow, shows that his Gong spent where Charles seeking "miss- 105 over of the failing offse th60e. e eminent ll. is well informed regarding spent p all his teeth whatTh has been. going He says:owiullednand a false setamade of stain- number a eseconfned to themdshow an in - The Government of Mexico knows p .crease of w of perfectly that this propaganda a- gainst our institutions and national revolution was prepared and directed from Russia. It knows also that Russian Com- munist groups neither work nor can Work independently, `because any pol- itical organization whatsoever in that country is subject to the Soviet Gov- ernment. Gradually the world is becoming a- ware of what to expect from the emissaries for the First of all, there is utter disregard for the amenities of- international conduct. This is the official side. Then, in mors under- ground fashion, is the well-organised, attack on everything that law-abid- ing Christian people hold iu high re- gard. It is a dangerous situation; but there is this consoling feature: Such forces cannot long continue their destructive work. Tho rest of the world will not tolerate it, and the action of Mexico is but another evid- ence that the time 19 approaching when the Moscow iconoclasts will not anywhere "The Globe"• lug a lake or river in the belief tha it would be perfectly safe and return-: ed to fin dthat -a thaw had started, the ice thinning, and the ship had fallen through. The runway for a, landing or takes, off offers difficulties only when the snow is so rough that it might breakl the skiis, or so soft that they reoulcl' sink into it. If this is the case, the runway must be made smooth or dug'; out. For emergency landi•tgs in most, parts of the north, however, a pilot usually can find a lake from which' the suow has been swept by the wind: Customers Easily Found Air transporta''on in the Artie finds customers easily. AU types di business make use of planes in the; North, either to send supplies and. mail or to send men to outposts. Prospectors have gone to their, fields by plane in a fraction of the. time taken on foot or by dog sledge, and planes have kept them supplied: with food and carried. out their gold and silver. Prospectors have even' used planes to hunt for new fields. After a preliminary survey by plane,' during which areial photographs ares taken, men afoot prospect the most' likely territory. These commercial uses of airplanes in snow-covered territory are in adds l tion to the regular Canadian air maid service, branches of which fly under these conditions. Toronto. — Investigation of deaths attributed to anaesthetics will be made by a group of anaesthetists af- filiated with the Academy of Medicine of Toronto, and their findings will be submitted at the meeting on February 28. They will not be made public prior to that date. The probe has been prompted by the number of alleged anaesthetic more wives, answers to a questionnaire dis- deaths during the past few months. tributed by the Moscow Communistic The exact nature of the investigation Academy among factory workers in the was not described by Dr. C. H. Rob - Red capital disclose, ! son, anaesthetist of the Hospital for Many working girls here, as divorce Sick Children, but it is expected to is to be obtained almost for the asking' consist in part of a survey of deaths change their husbands three or four I which occurred while patients were tines a year, tabulation of answers to 'under the influence of different anaes- the questionnaire shown. One young Unties. - Moscow girl reported that she had No statement was made by Hou. been married 16 times in a period of i Dr. Forbes Godfrey, Ontario Minister hroe and a half years—an average of of health, or Dr. W. W. Jones, presi- twelve over 1928, Four hundred and ninety-two these 606 juvenile races were over a distance of less than six furlongs, gs, only seventeen of them being over one mile or more. one new husband about every 12 weeks - The survey of family life in Russia. Preston, who died at the Galt hos- line been hmdertakelt in an effort to petal recently, alegedly from the ef- establish the prevalent attitude in facts of the anaesthetic. The inquiry this country toward marriage, divorce, will include his death. Officials are •ll. {on birth control and the status working on the matter and will con - dent of tate academy of medicine, r e- garding the death of William Eby, of to g of the housewife. The thousands of replies received to the questionnaire on these questions are now being analyzed by the Communistic Acad- emy. A recapitulation of the answ- ars and elle conChlsio11S to be drawn from them will be published in book - suit area boon to the woman who has her costumes made by her favor- ite dressmaker or tailor. Shawl and crush collars nicely ,finished and itt- terlinecl are shown in a great variety of furs to meet all purses and include tissue, to do so for some tulle. Fur Collars Collars of fur that may be pur- chased and attached to any coat or less steel—substituted. He -said the steel teeth would re- sist deterioration in the equatorial heat. This was important, lie ex- plained, because the experiment away from civilization night last for years. form in the autumn. It is being Pre- pared by Prof. Sergei Suvorost, who has allowed the correspondent access to the material. `Phis shows that the number of divorces in Russia is tremendous. lapin, opossum, caracul, krimmer, Variety Salad Dressing Persian, beaver, squirrel, wolf,. fox, badger and ermine. Beat together one teaspoon each of salt and vinegar, three tablespoons ee ata - vinegar, three-fourths sup al. oil, Enamel or Paint Cleaning pillar, to taste. Adel two tablespoons a onful of size an p l tabeso d Mix a a od each catsup and chopped pickle dessert ables borax with a l a and one teaspoon chopped onion' cold water. Then stir its a quart of boiling water. Rub the paint with a Travelling at 120 111 p.h., Kaye Doth, soft cloth clipped in the liquid, and 4 Tan nforce of hate Ct atltl is speed YOU will find it gleans excellently, Extreme co1c1 Quebec City has pressed this 'l ya fates of rhe t act Wipe with a cloth wrung out in Olean 1 nee 111ermg track n rod,i whicheteis Waters clrauts and keep thein in order against fire calls. ;r ata;1 a quarter in diameter* be wanted For Sports Wear While we, have had tuck -in blouses for several seasons and they have suet with approval in sports wear, they are increasingly fashionable. SiSnce waist lines are in the mode, tuck -in blouses are logical. Changing from a. dress that defines the waist- line to a tuck -in. blouse is not so radi- cal this season as it was last. New blouse materials of chic in Paris are men's silk skirtings, plain and satin striped, Roman striped silks, georgette and printed chiffon, plain crepe, and satin. "The evidence of Man's evolution from an ape -like being, obtained from afford to be shabby is to be dei,rived a study of fossil remains, is defluteithe of thepewerie Ilyr to earn n for fine fes and irrefutable."—Sir Arthur UNWORTHY PEOPLE If only heroic deeds were greeted with applause, if only inspired lead- ers were summoned to command, if only capable men were set in high places, if only the virtuous of earth won our affections, if only the deserv- ing beggar received. the penny, this world would be a sorry place. For it, is one of the most compensating truths in life that we constantly love and reward and trust unworthy peo• lrle, and so, sometimes unknowingly, help thein to better things. --Frank Pierson Tebbetts. r,« "To be riob. enough to be able to ;i 4" in unusual looping Little Known Here Inventor of Tin Hat Leaves, Estate of $90,000 London—The inventor of the steel; helmet, known to soldiers as the "tin! hat," which must have saved millions of lives during the war, left only $90,- 000. He was Alfred Dates, aged fifty-six of a Halifax firm of art metal workers He died while bathing at . Bourne- mouth. The "tin hat" was regarded with more than affeel'on by the soldiers in the trenches, f sr before its adoption the casualty list from flying shrapnel was formidable. Colonel Deckles Willson iu his book, "From Quebec to Piccadilly," tells how in 1917 General Sir Arthur Slog•: get showed him the first "tin hat." The colonel adds:— Ile said that at the outset he went to Kitchener and earnestly advocated is adoption. Ile talked for nearly, forty minutes as eloquently and earn- estly as he ever slid in his life. At the end of his harangue IUtehi ever, who had never moved, o k out his watch, and slowly, you know you have been talking nonsense for 40 minutest" A great many ex -soldiers still keep, their "tin bats" as war souvenirs,; and in some homes they have been: converted into rose bowls. Baked Potatoes To make your baked potatoes ruore dry and fluffy, run the tines of a fork. into then before you put theta into the even. This will let out the steam and make a more delicious baked po- tato. It will also prevent the potato from bursting, Whoa, taking baked potatoes from the ovan; - give each a little squeeze to burst the shell. This also lets the alla i,aratus into service, to flaw out city fly `steam escape and prevents a soggy ltotat0.