Evening Star Newspaper, September 28, 1922, Page 11

EVENING STAR, WASHINGTON, D. U, THURSDAY, SEPTEMBER 2, 1922 WARNS INVESTORS ["ouzrmamar onestoen unoccien . OF DELICATE.TINT | ON CALLING CONGRESS was advisable. A decision, it was said, | if a call were issued it would be,for would not be reached until about No- | reconvening of - Congress about -the vember 1, with the probabllity that!middle of November. ' ¢ : R per s aoera Ry, x i INTERRUPTS COURT Definite Announcement Coming on ; 3 / H By the Amociated Press. < Bath Tub Enamels Reliable Roof Paints ! f oNEW YORK, Beptember 28—Suprem m’"":‘; i:kmfl“ Session = = £ ‘ourt - Justico Callaghan stopped a elie: ely. P t d W 11 - : Do | mimates vestonian mo”rn 0% ® fo7| Prosaent Harding has come to no ainte alls * ! Stock Exchange Trader De- |in court cciquetie, e abject lesson be. | Jefnite conclusion Tegarding ine Ol | e = ; y Ing a young man, resplendent in new :“‘N“ "h:"’c“,‘" ';::"’:‘xp';unw e —l'l.ave the advantage of being highly o scribes Pitfalls in Talk to " fean gurt, wno forgot to take oft his ;I‘Lho:::lmther;xecut\vc is of the opinion sanitary, easy to keep clean and suitable e delicately tinted hat. d sssemble prior to = Optimist Club. The victim, seatpd In a front row of | Lhatcons o Ol e o con asa background for almost any scheme . — mmm With his.new hat perched | giger the merchant marine bill and o1 fumlshmg. . n-his at a rakish'angle, did 1ot | gtper important leglslation which he : N TELLS TICKER STORIES{Tohes Jurtice, Cuiaanan ity e Conelders should bo enacted fnto law 97 Consider these points before repaper- v ¢ T e oy s tnapped out ofla revery, | before March 4, he wil not make ing or otherwise redecorating your known his decision before November 1. It is felt certain, though by those close to the President that he will call the extra session and that the date ge- cided upon will be the middle of No- vember. g An administration spokesman, out- lining the views of the executive, said that, as it was I ded a certainty that Congress would have to be in session either prior to or after the December session, which expires auto- matically March 4, the President be- lieved it would be preferable to mect in November. ‘A al session in No- vember would permit Congress to get started on its routine work in time to insure its completion by March, ac- cording to the view of the President. Explaining that the President was not unalterably committed to a pro- gram for a November session, the spokesman eald the executive would d to remove his it on eatd Justics Cal- ] -8 Dretty. sna at. Come up here and let's all lw{g‘y Violently blushing, the youth sat be- ?{geflflwa i'u:’relunul lhhle courtrcom had ggles at his e: . wh he was alipwed tq regain fi:;"::fiL e & 'walls this fall. 4 Reilly quotes Specially Low Prices on Wall Paints and all other interior and exterior beautifiers. WE CUT AND FIT GLASS TOPS FOR OFFICE DESKS, DINING ROON TABLES, ETC. HUGH REILLY CO. PAINTS, OILS, GLASS Uses Tape in Tllustrating Methods | "33 by Which Public Loses' Money. b The ins and outs of stock pool trading, e S— with: a clear exposition of the scant. HUSICAL AT CHURCH. chances for many “blind pool” ventures |y oo o {to return profits, were displayed to the { for the Goncers o o o oo heied Optimist Club yesterday at the regular jday n;ihl ‘at'the Metropolitan Memo- meeting in the Arlington Hotel, by A.|rial E. Church, John Marshall place and C street, for the b I M. Flsher of the Stock Exchange Se- |the Ladies' Ald Socioy of tha opnbeor { curity Corporation. “All blind pools are.ungound as fn- -jvestment or speculative sources,” Mr. Fisher sald. “They are subject to runs, They hold themselves ready to repay | Prano; Miss Richie McLean, contralto, | not issue a call unless leaders in Con- deposlts of thelr clients upon demand, |and John Bowle, te: gress were of the opinion such 2 step and-as a result when there is any flurry = in the market, they havo-to get out of the market to make thelr refunds im-]||(l i often resulting disastrously.” | ||} : i er produced charts and figures | to support his statements. He also | brought along a few vards of ticker tape to illustrate his talke. Describes “Safe” Pool. Marginal trading, he sald, which is the basic operative principle of many pools, 18 the cutse of the game. He showed that the expenses, including brokerage t charges' and taxes and commission, | made_the cost of a $100 transsction $3¢. This, in turn, he said, means that > 3 i thirtieth transaction wipes out % d i ., He showed. the ticker. tape : : 5 & with the thirtieth trandhction marked ; E ; ;% : - i for a few yards to show the frequency with which some one ‘was wiped: out. I It must occur from evidence of the tape, every time a few feet of the paper ia ticked off from the machine. 3 He supported one type of pool, how- ever. That type he listed as an in- corporated co-operative arrangement. The stockholders cannot demand thelr money back at any time from the treasury of the corporation. When ; : & X | the money comes in, in payment for . “ ; \ I stock, it is made working capital. g s The books of the company can be au- o A 7} 3 : . I dited and stockholders can order the H audit. | A cardinal rule, he =aid, sheuld be 3 k i {no marginal trading. Minor rulesi! o i 4 it |should "be actuarial studies of the || M \ & {market, made on the same principles {as the insurance company surveys, jand trading on only short-priced istocks, because of the enormous in- {creased percentages in the fluct {tions. Elimination of marginal trad- {ing, he said, excludes the possibility jof being caught in a short corner, i {cause there can be go short_seill under the system of outright p chase of stock. Another ruie, he de- clared, should be the buying of stocks I“ they decline to a certain_polnt, i N nounces that the affair promises to be a musical treat. The program in- cludes Mrs. Mary Sherier Bowle, 8o- WY 7222 Zzz%upm 7227777777007, 72277777777 Z pyramiding on the decline, and plac- ing a “stop-loss” order 'to sell when {it hits a dangerously low mark. This iinsures, he said, the getting into the || jmarket at a rock-bottom figure on ||l ithe average, and results eventually !in greater profits. Perlodical Profits. Concluding, he said he had never been able to discover how it was that stock promotions could promise . pe- riodleal profits of weekly or monthly * {regularity and still be steady in th market. The nature of movements and the frequency of ups and downs put the odds against regularity of profit taking, he declared. President Wade H. Atkinson pre- sided. Secretary G. E. S. Williams drew the first prize of the meeting, presented by Optimist Harry Viner. Lee L. Herrell next week will de- !liver an address on “Timber in the Forest and in the Lumber Yard,” ex- plaining the progressive stages of its Journey to the city and various {m- l»mvemln!s in the preparation of % Z Z. % Nut l-ib. Maigarine Carton Mrs. M. M. Brooke ooy n Chemist in Charge of ' The Corby Baking Company’s Laboratory, Says: “Too much importance canndt be attached to the use of milk in break-making. Scientists are timber for use. ‘ AD MEN TO MEET. Vigilance Committee wil 'Ur’"o‘ Campaign on Fraud. E ! Advertising men who are spending. | fortunes every year to promote truth- iful advertising will convenpg . here . s sy . jfrom October 16 to October 20 In un< 2 nual convention. St Representatives of the .National 2 % s " The Varieties of = Corby Bread Z $ IVORY QB BEANS QUAKER or MOTHER'’S Heinz Baked Beans e 90 2 Z % all agreed that milk is superior in food value and life-giving ‘nutrients—and that is why our for- Mother’s Bread “t £ SOAP moa PEA A6c BLUE ROSE RICE * OATS Packages 250 IONA PEACHES 2> 2 tity of this most essential ingredient—requiring the use of more than 4,200 quarts per day—mak- cof . J National [ | Better Business Commission:to per- . \ fect plans for a campalign agatnst fraudulent_advertising. N F. X. Wholley, director of .the J Washington Better Business Bureau, will_have charge of arrangements. Z—ave cOTTE® of arfangements “See Etz and See-Better” - e Sight and Perception * F An ADITORIAL -}l &;m’ o N , seeing with the mind's’ J,i_.\-t. i Kml\ed Whut R or 4 rea eye. Lincoln’s eyes saw . Rolls, Ete. far more than they Pan Rolls, looked -at. ‘See as Lin- " "Hard Rolls, Graham, KARO SYRUP (Blue leel),unlOc : Iona Beets.......ccccc...can 185c| H-O Oatmedl... % 2 2 7 \\ coln did and perceive 11111 your; future gratitudein © ; care of your eyes row. i ETZ cxpert_optometrists give you perfect care.’] 5 See them now. Rish 1217 G Street NW, 2 % 2 the remarkably nutritious food that it is. “This great volume of milk is subjected daily to analytical inspection by our own laboratory here—for while quantity means much—QUAL- ITY MEANS MORE—and you are assured both QUANTITY and QUALITY in every loaf of Corby Bread.” 'y Your grocer and delicatessen are supplied fresh from the Corby ovens three times a day. 7 Z N The package that tells the story of the PERFECT CUP of COFFEE. 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