Evening Star Newspaper, June 27, 1926, Page 37

BETTER BUSINESS BUREAU SAVES LARGE SUMS Pircctor Rothschild’s Rep Measures—Local Excha New Association—Other Item BY EDWARD (. STONE. Louis Rothschild, director of the Rett isiness Bureau. in his annual report, made Friday, declared that the bureau’s activities during the past vear have been educational as well Protective. Close study of his report s many points of special interest * business and financial int of Washington. Among other things, Mr. Rothschild said “During the fiscal year the mer section handied 2483 cas number 1.126 involved shop- ping reports. The method of opera- tion in the merchandise department has been that of gathering together £roups within _ specific trades for a round-table discussion of the problems and cvils in their particular advert ing. These groups have worked out their own standards, which have been in the form of joint agreements Higher Standards Adopted. rniture was the largest field un @ertaken during the vear. Washing. ton furniture merchants were among ine first to join in the Nation-wide movement fostered by the forty-odd PBeiter Business Bureaus to ‘name the woods’ in advertising. These stand- rds were adopted generally through the co-operation of the Washington rpet. Upholstery and Furniture As- tion the campaign itself is cinbodied in 115 name—that is, f ve advertise fn Washi \ are ing the n th |po) publi; ies in this field Anoth R has as ganization is that of jewelry firms Fundamental this fleld wer, E » ago and have proved themselves very satisfac- tory. During the past vear uniform standards for advertising watchcases were adopted and have heen rigidiy adhered to. These standards have pro- tected the public from the advertising nd selling of inferior watcl s as 1d fitled Stor ““Anothe ) Which culminate ing that tising. This type of establishment has come to Washit i few vears, and with their new type of advertising a number of evils have arisen. They have been the subject of intensive investigation, and, in aome instanee. newspaper co-opera- Uon was in¥oked to prevent misvep- Zesentation “A meetinz was held of the man- agers of ‘hese stores, and a gen sal agré®ient outlined which would JHminate many misleading statements. These establishments re mainly hranches of a chain and the agree ment has never officially been ratitied w the executive However, hus taken n the advertising “There still exists in advertising such pht 1.00 gets the zoods’ The bureau investiga- tion hy t in the v jarity 2 £1.00 me serves sods ard a mor stantial « patrent is required to obtain the iandise Comparative Price Evil I'he huregdr’'s shopping departi and the 1rchandise manager devoted con fiderable effort in the past 14 curbing of e erated prices. This tield is one ts u problem, not only to nts and to the Better Busi of Washington, but to the bureau: The bureau out the country mt the is not against the u . of comparative prices he bureau has criticized, not only parative prices that are investi- ted and found to be incorrect, but has also _criticized arative rices which, in their extravagance Jho matter how truthful—do not in - respect, belief or confidence. he use of the obnoxious term ‘up to' in quoting comparative prices < been almost completely done awa th in Washington. This is onstructive step forward. 1ts fect is to make comparative pric more definite and, therefore, more inspiring. Florida Situation Probed. “It is to be pointed out that the Better Business Bureau does not criti- «lze or qu jon all the real estate activities in Florida—only a small per- rentage were characterized by mis- representation, fraud and The guns of the bureau I and are trained on this group. who have mot only injured the investor, but have also jeopardized the legiti mate interests of Florida, and wasted many thousands of dollars which are now belng saved for legitimate invest ents. Hundreds of Washingtonfans ne- giected to investigate before they in Vested in @ Florida subdivision pro- moted by a local company. with the yesult that many are complaining day to the Beiter Business Bureau that the promised rvesales have not materfalized, that the beautiful pic tures painted by the high-pressure ‘lectureis’ have lost thetr color “The Florlda investigator of the bureau found this subdivision to be about four miles from a little town in central Flovida. The property was purchased by the company for be fween $75 and $100 an acre. Lots were sold for as much as $350. To date, the g¥omised improvements on the fand have not been placed Thousands Saved Durlug Year. “These are just a few of the numer « companies which have come un d bureau surveyvance and which have been the subject of inquiri Today the bureau office has informa- tion and files on over 3.000 different ventures. The questionable vary from fox farming schemes, won- derful machines that ride in water, on land or in the air: inventions for getting gold out of rivers; rubber plantations, mining prospects. motion picture frauds, bucket shops, swim- ming pool schemes and many others that try the imaginatio ““Washington is not free from the I parasite. That Utopia is to be expected. Substantial and tangible progress has been made, however, with the result that hun- dreds of thousands of dollars I been aved. That money, it is sonable to expect, has found its into legitimate investment that has benefited not only the investor, but also the business life of the city. Exchange Move Held Vital. Action by the Washington Stock Iixchange in foining the Associated | ket Stock Exchan organization just formed in Detroi nificant by members of the local asso- clation. result. As alre: the board of governors of the Wi ington Exchange. was the delegate | {00 OVE0 (1N Voo Si€ 0 y will have representing the local organization &t ¢y pe gacrificed at low and uncertain the Detroit meeting. Mr. Thompson was made & member of the board of governors of the new organization. Fie reports that 12 exchanges were represented at the meeting. Many telegrams from other exchanges were read showing interest in the move and promising to have delegates m the nxt meeting, which comes in the The fellowing officers were elected | se to serve unti]l the first annual meet- | $5. ing Jin- Qclober, excepi-two -membars iven splendid co-operation | jekues | Old hens have been in light recelpt, is held bighly ®ig- |1 ghserved until Monday, July 5. Much benefit is expected to -l % pected 10} herishable goods arrive here on July v noted in The Star, | . A2 :15, as there will be no outlet for them Eugeno 1. Thompson, chairman of |4 tha following day, and it car- FOR INVESTORS ort Reveals New Protective nge Becomes Member of | of Interest. of the governing committee who will serve until the ting: Ralph W. Simonds, Detroit. president; W. W. Louderman, St. Louis, vice president; Clark C. Wickey, Detroit, secretary treasurer; governing committee, term expiring in October, W. K. Fox, Cin- cinnati, and B. Schoyer, Pittsburgh; term expiring 1927, Bd mund_Glenny, New Orlean gene 13. Thompson, Washington The aims of the new assoc are to promote the general welfure and influence of stock cxchanges, broaden activitie ardize meth ods of handling securities, co-ordinate efforts in protecting the public against losses by fraud and safeguard trading members. The organization was starte help e nges outside of New York, and Mr the delegates were glad to have such important ex changes as those in Boston, Phila delphia, Baltimore and St Louis among those represented. Local and Other Notes. The sudden death of Alexander Britton was especially shocking to the Washington bankers who attended the recent convention at Hot Springs. He motored to the Virginia resort and was seen several times on the Zolf links, apparently in excellent health. His death is a distinct loss to the board of directors of the Fed: eral-American jonul Bank. of which he was an honored member 1. H. P. Siddons ¢ the Ame n Security and Trust Co and T. Hun ton Leith of the Security Savings and Commercial ink report that the chort convention of financial adver- lisers, held a few days ago in Phila { delphia. w . Many I new ideas on advertising were ad vanced. They report that the expo- sition is still far from completion, 50 far as buildings and exhibits are con- cerned. O herman Allen, who is a personal friend of many Washington bankers, has been appointed trust officer of ths National City Bank in New York, ac ording to information recelved her | Vesterday by Riggs bank officials |*The ‘consolidated statement of con | dition of the Federal Reserve Banks on June 23, made public by the Fed- € Reserve Board, shows a decline for the week of $33,500,000 in member hank reserve deposits and of $5.400 000 in Federal Reserve mote circula ton, and an increase of $11,200.000 in cash reserves, with practically no change in total holdings of bills and securities. For the first three weeks of June the volume of check payments, an in dex of business activity, was more than 4 per cent ahead of last year. says the Department of Commerce in its weekly statement. In the third week of June the volume was greater than in either the preceding week or the corresponding period of 1925. On the other hand, building contracts in the third week of June, and for the [first three weeks of the month, showed a decline from the corre. sponding periods of Local bunkers are becoming more and more concerned over tl ssuce | of the McFadden banking bill during | the present session of Congres: he | conferees are sald to be far apart in | their views as the adjournment date comes on apace. Every day's delay plexises the minority opponents, Merle Thorpe humorousiy remarked the other day that there are just 110 commissions” now in existance in Washington. “The biggest job of ali is how to make them permanent,” he facetiously remarked Sl g . BALTIMORE LIVE STOCK. BALTIMORE, June 26 (Special).— | The general live cattle market rules ¢ with the exception of calves, are in ample receipt and pric are mostly in buyers' fa arriving on the wharve common to ordinary stock, which is slow sade at the lower vales quoted, but demand is fairly good for all stock showing quality. Quotations today at Light Street wharf Beef cattle, first quality, pound, § to 9 common to medium, 5 to 7; bulls, | as to quality, 4 to 6; cows, choice to fancy, o to 6; common to fair, 3to4; | oxen, as to quality, 4 to 6; mitk cows, choice to fancy, head, 50.00 to 75.00 common thin, 8 to 10 hogs, straight. veal. choice, pound, 1 pring, choice, fair to good, 12 to 14 to 10; hogs, straight mon, 3 to 4; lambs, 15 to 15 comon thin, 13 1o 14: sows old boars, 4 to 15 to 20, 0 TR POULTRY MARKET. LA LTIMORE, June 26 (Spec The local live poultry and egg market. continue tirm under a. fairly good and constant demand for first-quality prod- ucts. Receipts of native and nearby eggs have been only pust week - all has sold up from d: trading on the exchange has heen only fair, 4 good movement exists on the street, and the market closed toda: at 293 and 80 dozen for nearby firsts in free cases, an increase of a cent a dozen over opening prices Mon- | Prompt shipments, however, are | ry to bring top values, as buy- | ve to quality during the Summer season, and only strictly first-class eggs will bring out- | side quotations H Receipts of Spring chickens 1% to| > pounds and over have heen light the past week and the demand for this sort good at 35 to 45 pound. 30 to 32 for small stock. while Leg- horns and Black Minorcas s y as to quality and condition. and the market is firmer, again clos- ing today at 31 to 33 for fowl 314 pounds and upward, and 25 to 28 for lighter stock and Leghorns. Old roosters continue in fair demand and { bring as high as 20 a pound. Receipts of voung ducks are running fair and stock of fat quality finds ready sale at 28 to 32, but small and poor ducks ve not wanted. while old stock sells mostly 18 to 23. Guinea fowl and pigeons continue a at 75 to 85 each for young and 40 and 50 each for old and stags of the former and 30 to 40 a pair for both young and old of the latter. | | MARKETS WILL CLOSE. BALTIMORE. June 26 (Special).— The following notice has been posted in the local produce and dairy produce “July 4 coming on Sunday this vear, the legal holiday will not Shippers are advised to have no ried over they will deteriorate in qual- values, especlally if warm weather previals.” PACKARD STATEMENT. " YORK, June 26 (#).—The consolidated statement of Packard Motor Car Co., as of May 31 shows total assets of $56,518,967; current as. $32,873,272; current liabilities, and profit and loss surplus, THE SUNDAY STAR, WASHINGTON, D. C JUNE 27, 1926—PART 1. A LargeV ariety of Summer Silk Dresses A Treat for Booklovers! 20,000 Booklets Imitation Leather Bound 10 for 39¢ ~The Norka Series—size 2}:x3! inches, and ideal to tuck in your suit case if going away on a trip also for .\'um?ay schools, etc. Sixteen titles—the surplus stock of a large publisher and to be sold at a fraction of their real worth. All new, bound in imitation leather and to be sold in groups of ten only. Love and Friendship My Rosary Perfume of Roses Precious Thoughts Words of Cheer Birthday Thoughts The Vampire The Recessional The Rubaiyar Lincoln’s Gettysburg Speech The Shepherd Psalm Mother Crossing the Bar Do It Now O Lirtle Town of Bethlehem Phillips Brooks—Selections Let Us Smile Childs Garden of Verse Success My Dog Street Floor “Duro”—the Permanent Flat Wave, $20 A\ new kind of permanent wave which produces the effect of the large, flat mar cel wave is now offered you for only $5.00 more than the ordinary perroanent wave Tt is exclusive with us in Washington Make vour appointment now and be pre pared to enjoy the Summer. —Before your vacation let our ex- perts give you one of the famous Catherine Day_Facial Treatments— refreshing, invigorating and beauti fying. Many Other Beauty Services Kann's ~Third Floor. $30 Wardrobe Trunks $22 Ea. Open-to] Regulation Size Wardrobe Trunks, with eight garment hangers, laun- dry bag, shoe box, clothes retainer, hat compartment, drawer section and bar that locks all drawers. $50 Wardrobe Trunks $37 Ea. Fully equipped. very fine, standard size Wardrobe Trunks, with rounded edge, open bulge raised top, loop drawbolts and spring lock. Covered with hard fiber and protected at corners with brassed hard- ware. Reg. $3.95 Hat Boxes At $2.75 —Black Enameled Round Hat Boxes, with black or russet bound edges and your choice of 8x16, 9x18 and 9x20 inch sizes. Good, roomy boxes you will be proud to carry, o AL Kann’s Plain Colors, Stripes and Border Effects, at - $6.95 -Simply made, yet with the charm and distinction that is the result of careiully planned simplic crepes with deep borde: two-in-one collars. becoming necklines and short sleeves. sortment are— Rose Blue ity. Plain colored silk broadcloth, Roman striped crepes and plain Straight of line or with little side pleats in the skirt: The colors in the as Orchid White Peach Maize Tangerine sreen Misses” and Women's Flowered Chiffon, Printed Silks and Many Other Kinds Make U Attracti p an " $16.95 Collection at .. ... (4 3.000 Prs. of Pure Silk Hose Seconds of Nationally Known $1.00 and $1.50 CQuadlities 69¢ Pr. —The last sale we had of these very popular Stockings proved so success ful we were unable to supply all our customers—and so it gives us pleas ure to announce that we were able to get 3.000 more pairs, which we offer tomorrow at the low price above. Chiffon and Heavy Thread Silk Hose, with mercerized cotton tops; some with plaited soles, others all-silk <oles. seamless feet and seam up the back. Sizes 8. 10 10, in- Black White Parchment Opal Gray Moonlight Gun Metal Straw Champagne Skin French \ude Maple Cream Light Beige ndan Grain Kann's—Street Floor Smart “Arch Grip” Shoes At $8.50 Pr. She who walks in Arch Grip Shoes walks in comfort and smartness. They come in various attractive styles, all sizes, and widths from AAA to E. Three styles pictured. » ~1. Tailored Pump of 2. Two-strap model 3. Three-strap mod patent leather, tan and patent leather, satin. el of patent leather, black kid. Also white black and tan kid. also black and tan kid canvas white An assortment of garments that will impress vou as (being particularly desirable and particularly low priced for such qualities. Plain and novelts effects in various pretty colors, though not in each style or size. 968 gar- ments in all, including: 155 Plain Milanese Vests 275 Plain Glove Silk Vests 97 Plain Glove Silk Bloomers 154 Plain Glove Silk Step-ins 187 Novelty Rayon Gowns 100 Plaip and Lacetrimmed Rayon Slips Colors: —Maize —Nile —Peach —Pink —Orchid —Vests in sizes 36 to 42. —Bloomers and Step-ins, 5 to 8. —Gowns, 15 to 17. Kann’s—Street Floor. The flowered chiffons are ex ceedingly dainty and summery, in pretty large floral patterns and vivid colors, chiefly on white grounds. Polka dot crepes in all the new pin dot patterns, and fine checks. Sports dresses in pastel colors, and darker dresses of flat crepe which are attractive for va cation wear. Pretty soit r and others. The printed dresses are in black and white, tan and navy and other combinations, and there are hosts of smart navy blue flat crepes at this price. Misses” and women's sizes blues, green Kann's—Second Floor Our Annual June Millinery Clearance very Trimmed HA Freepting the Sports Hats mentioned helow Reduced 1o $5.00 Hats we have been sellimg irom $7.30 \ *up to $20. No two alike in the collec tion, therefore practically individual, and the assortment includes Bangkoks Italian Hair and Velvet Felts Panam: White Milan All Hair And Others All Our Fine Sports Hat Meadow Brooks, Country Club and Holly- $ 1 O wood Hats. Formerly $12.50 to $22.50 | Kann's—Second Floor. 1,000 “Wee Hem” Colored Linen Handkerchiefs 15¢ Ea. —Here is a wonderful opportunity to supply vourself with the handkerchiefs you will need for Summer at a mighty small price. Dainty linen handkerchiefs with the wee one-sixteenth-inch hem in pretty pastel colors. Come early, 1,000 handkerchiefs will not last long at a price like this. Kann's—Street Floor. Penna. Ave. 8th & D Sts.