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Fairbanks Daily News Miner (Newspaper) - August 26, 1964, Fairbanks, Alaska 2 Fairbanks Daily News-Miner, Wednesday, Aug. 26, 1964 HEALY ar9e BARGAIN hundred items are placed on display each night after the Eskimo dances at Pt. Bar- row. Tourists are eager to look them over and select items which they buy directly from the craftsman who made them. This experience thrills the visitors and is quite rewarding to the native people of Barrow. Alaska Airlines photo by Frank Whalcy Sheinwold on Bridge Not All Tricks Are Important You're very complains Constant Reader. "Sometimes you describe very complicated plays to gain South finesses with the jack, losing to the queen. Back comes a spade to the ace. When South goes after the your mind one way or the other and then stick to North dealer North-South vulnerable NOETH A 54 106 0 AK6 AJ 10983 WEST EAST Q10763 A K92 K843 0 103 North 1 3 NT Q752 O J984 K6 SOUTH AJ8 <9 AJ 9 0 Q7S 2 Q75 East South Pass 2 NT AIL Pass West Pass Opening lead Foreigners' Share of U.S. Assets Increases Strikingly By SAM DAWSON AP Business Analyst NEW YORK American private investmenl abroad rose a record billion in 1963. About billion was trick and at other times East cannot return act a's though treks didn't thanks to declarer's tor Why don't you make up hold-up play South easily wins the rest of the tricks, making his game contract. Daily Question As dealer, you hold: Spades A, J, 8 Hearts A, J, 9 Diamonds Q, 7, 5, 2 Clubs Q, 7, 5. I What do you say? Answer: Bid one diamond. Since you have 14 points in high cards you must open the bidding. There is nothing des- perately bad about a bid of one club, but you have no reason to open a three-card suit when you have a four-card minor suit to bid. For Sheinwold's 36-page hock- let, "A Pocket Guide to send 50 cents to The principle is very simple, Constant, old boy: Important tricks are important. Fight like a tiger for the tricks that count toward your contract; don't struggle for overtricks. Take today's hand, for exam- ple. South does not need a sec- ond spade trick; he has enough tricks for his contract if brings in the clubs. The important tricks are those that South loses. He can afford to lose one club and three spades, but not one club and four spades. South may capture the king of spades with his ace at the first trick in the hope of win- ning a second spade trick later, but this is poor policy. The con- tract would not depend on that second spade trick, so it would be an unimportant trick. Would be Costly Actually this play would cost South the contract. East would get in with the king of clubs to return a spade, whereupon West would defeat the contract with four spade tricks. South can assure the contract by turning his back on extra spade tricks. He refuses the first spade, allowing East to win with the king. East returns a spade, and Bridge Book, Fairbanks Daily News-Miner. Box 3318, Grand Central Station, New York 17, N. Y. Not Worth Nickel Buffalo's Life HILLSBORO, 111. (AP) -The ife of a buffalo away from the range isn't worth a nickel these days. One wandered onto the lighway from the farm of John Cabetto Thursday and was killed by a truck. Surviving pets on the central Illinois farm in- clude deer and a camel. Dr. Slotnick at UCLA Conference Dr. Herman Slotnick, head of the department of history and political science at the Univer- sity of Alaska, is in Los An- celes this week to participate in the annual conference of the Pacific branch of the American Historical Association. Dr Slotnick will present commentary on a paper enti- tled "French Policy Toward the Lesser German States, 1815- 20" written by Prof. Don But- trick of Western Washington State College. The conference is being held at UCLA. Foreigners' share of American assets have gone up strikingly in recent months. And Ameri- can investments abroad are set- ting records. But there's a difference. The money flow is something short of making it a two way street. In the case of Americans the big cause of the Jump in dollar holdings outside the United States has been expansion of American-o w n e d businesses abroad. This is a trend which .he U.S. Department of Com- merce sees continuing. Most of the gain in foreigners' stake in the American economy has come of late from the in- creased market value of their previously acquired holdings and only a little from new in- vestments. The department says that the total of American private hold- ings abroad climbed to bil- lion at the end of 1963, with thai figure continuing to rise so far in 1964 at last year's rate, which is dubbed massive. The investments here by for- eign individuals and companies were put at billion. The U.S government is hop- ing to attract more foreign in- vestments here, both long-term and short-term, to help hold down the U.S. deficit in interna- tional payments that has been a problem in recent years. But in 19G3, when the value of foreign holdings rose by bil- lion, about billion represented increase in prices of foreign- held American securities. new capital from this country and billion was earnings :rom previous investments rein- vested in foreign enterprises Some million represente( gains in the market value of curities. U.S. investors have been sending dollars abroad for sev eral reasons. In the short-term securities market the lure was higher yields there compared to interest rates obtainable here In long-term securities the goa was a rising stock mark abroad that accompanies th< big postwar economic boom But this largely dried up when Western European stock pricei turned down for awhile. Highlights By George Jennings Gale flews-Miner correspondent Landing back in Healy we ind the people just as interest- ng as ever: a place where conversation is most interesting. You heard that my wife came wo thousand miles to have Dr. Baggan fill two teeth, well ?at Rogan has a much more in- cresting story than that. It seems that Pat had a tooth- ache in his lower right jaw and went into a dentist's office about a week ago. The pretty nurse talked t o Pat and wrote down L-4. Pat thinks that is sort of funny as L-4 in reailroad language means the left front journal on a box car. But not knowing dentist- talk he kept quiet. The nurse stepped out anc the dentist breezed in and shot a dose of cocaine into the upper left gum of Pat who sug- gested that he take his uppers out. The dentist looks abashed and then shoots a charge into the lower left hand jaw. Out stepped the dentist and in stepped the nurse and Pat wanting to strike up a conver sation with the good looking nurse, remarks "This modern world is a mystery to me. Tha dentist shoots cocaine into my left jaw to pull a tooth in my right jaw." To Pat's surprise the nurs< oked startled and flittered out he doctor, not too sure o mself, sort of stumbled i nd shot Pat in the right nd in a few minutes pulls th ioth. "I am thankful he canno said the dentist, "for ould hate to hear what h ould say to me." Pat indeed found that bot ides of his tongue were fn en. When he went down to th 'nion Depot Bob Turnbull, ou ood looking Alaska Railroa icket agent, said "Hello, Pat Pat could only come bac nth "umplo gunbko" or som uch. Turnbull said "Come aga at I did not get you." Pat: "Bubbeo umpki." Some hours later Pat returne Monopoly in Baseball Cards NEW YORK (AP) Topps' ubble gum cards with pictures baseball players may look ke kid stuff, but a Federal rade Commission examiner as ruled that the firm has a lonopoly in them. In a 113-page decision, exam- ler Herman Tocker proposed londay that the company hould limit the length of the ontracts it signs With players. He said that Topps with an- ual sales of million the argest of bubble gum makers had by extensive missionary cork in the minor leagues igned virtually every major eague player. A spokesman for the company aid any adverse decision by the ull commission would be ap- ealed. In 1961 Topps had on 'its roster The outflow of dollars however, has been in the found ing and expansion of Americar industrial subsidiaries aboard or in the teaming up with for eign industrial concerns. Th department puts such invesl ment now as close to billion Teen-age Girls Agree They Can't be Beatle HOLLYWOOD (AP) The written overnight because the producer said he wanted a title tune in a hurry." Do they ever worry about their news conference was scheduled for p.m., and at precisely the Beatles walked through the door. A couple hundred newsmen crowded onto the floor of the Cinnamon Cinder, a San Fer- nando Valley night club for teen-agers, while a hundred or more young girls stood atop platforms and booths on the peripherey. One of these was a close relative, blonde and 16, posing as my assistant. The Beatles, smoking ciga- rettes and looking world-weary, disappeared in a mass of pho- tographers. "George has the prettiest observed my assistant. After minutes of shooting the photographers were admonished to sit down so the news .confer- ence could start. It was more minutes before this was accom- plished. Then the questions be- gan. How long does it take Beatles John and Paul to write their song? "It depends. Sometimes an hour, sometimes as long as two days. 'A Hard Day's Night' was "No, because the fans have never gotten to us. We won't be concerned until they trample us to the floor. The only time we really worry is when protection is inadequate as in New Zea- land where there were three policemen to handle a crowd of What about reports they were crazy about Ann-Margaret? "None of us know her. None of us including Ringo has even talked to her on the telephone. It must have been the work of her press agent." The conference ended with the announcement of presentation; on the platform: "George will accept the gold records, John and Paul will take the trophies from the fan clubs and Ringo will receive the key to Califor- nia." On the way out my assistant noticed an ecstatic young girl clutching a glass of soft drink to her bosom. "It was Paul's" she her bosom "It was Paul's" she rnurmured? Freezing Tonsils Make Bloodless Surgery Possible WASHINGTON (AP) Use o super-cooled probes to make in ilamed tonsils disappear in vir iually bloodless surgery We described today by two Ne York doctors. The tonsils ar :ooled to temperatures as lo as 76 degrees below zer Fahrenheit. The doctors also told of othe promising uses of cryosurger techniques involving use i extreme cold to kill diseased ti, sue instead of just cutting i away. The technique has been use n certain types of brain disor ders, such as Parkinson's dii ease (shaking and i treating cataracts of the eye diseased prostate glands, an certain forms of cancer. Dr. William G. Cahan of th Sloan-Kettering Cancer Cente and Dr. Irving S. Cooper of th Department of Neurosurgerj St. Barnarbas Hospital, to' about the progress in reports t the first annual meeting of th Society for Cryobiology. Forest products industr of the U. S. ranks thir among manufacturing indu tries in number of persons em ployed. 446 of the 450 major jlayers. The young fan: cards or buy more bubble gum ,o get the cards they want, and ;lie progress of a player during ;he season can bo charted by his value on the bubble gum card exchange. Tocker accused the company of contributing to the "regimen- tation of the baseball-card buy- People in the News: Gushing, Sharp, Curtis BOSTON
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