Evening Star Newspaper, September 26, 1926, Page 38

STOGK ADVANGES Market Gains Ground, How- ever—Money Stability Applies Stimulus. ' gl wre By the Associated Press. NEW YORK. September 25.—Stock |, Pfices gained ground today, although estreme advances in many instances ‘were sharply reduced by a last-minute wave of profit-taking. Closing quo- fations were irregular. but with net gains ranging from 1 to as much as % points predominating. Favorable trade reports, particular- | Iy from the retail merchandise field. coupled with signs of greater stability | in the money markets gave impetus to the early buying movement which | broadened steadily until the final 1 minutes of trading. Steel, equipment chemical and amusement shares were favored Resuming Its upward movement after several days of hesitation. Gen- eral Motors climbed to 160%. the highest price since the distribution of its stock dividend. It was accom- panied into higher ground by du Pont, which rose more than 5 points to a new top at 320%. Fears of price cut- ting in the motor industry were sub- sequently aroused by the announce- ment that Studebaker had made sub- stantial reductions and the automobile shares encountered renewed selling pressure. General Motors fell back to 158'4, which represented a gain of 1 point for the day. . S. Steel closed fractionally Tower at 1493 after selling as high as 150%. Gulf States Steel and Sloss- Bheffleld yere more successful in maintaining _ their gains, which amounted to 31; and 4 points, respec- tively, as buying developed on indica- tions of large orders from the rail- Toads. The same factor accounted for the strength of the equipment stoeks. The recent slump in the price of silver to the lowest point in §ve years was blamed for the heavv selling of American Smelting and Cerro de Pasco, which broke 25 and 313 points. Allied Chemical, Mack Trucks, General Asphalt and Wool- worth also felt the force of tke late gelling movement and closed 1 to 3 points lower. Railroad shares made little prog- ress, with the exception of Norfolk and Western, and Colorado and Southern, both of which were boosted ebout 4 points to new high prices. Accumulation of the Van Sweringen issues failed to bring about any im- portant price changes. ———e REVEAL FAVORITE JOKE OF LATE KING EDWARD Memoirs of Baron Hermann von Eckardstein Quote Expression Which Provoked Merriment. Br the Associated Prees \ BERLIN, September 25.—The fave. rite joke of the late King Edward of Great Britain is revealed 4n the me. moirs of Raron Hermann Von Eckard. #tein. For many vears the baron was counselor of ti German embassy in London. King Edward, he savs, never failed 1o accost Lord A Roth schild. with whem he was particularly friendly. with the words “Th certainiy know how to live." upon both would burst into fis of Jaughter. The famous line is taken from the following story, said to have a hasis in fact i Two pilgrims from Galicia came 1o Frankfort to visit the pompous maus leum ‘of the Rothschild family. B were overawed. Finally_ one pilgrim | ®aid to the ather. pointind 1o the burial place with a sigh of envy. “These peo Ple certainly know how 1o live.’ BIG LIVERPOOOL ORGAN TO BE HEARD IN U. S. Giant Instrument's Music Will Be Broadcast by Station at Daventry. Br the Associated Prese LONDON. September 25. - Ameri can radio fans probably will have an opportunity of hearing Liverpool Cathedral's organ. which has jus completed at a cost of about $1 The builders have received many re quests from the United States that recitals be broadcast and thess may be sent out from Daventry The instrument has five rows of keyvs, 222 draw knobs, 168 stops and 10.934 pipes. It is pumped by electro. pneumatic action. the mechanism be ing driven by motors with a total of 35 horsepower. The size of the organ is such that there are 17 telephones {help make it a resort Expansion in Textiles. NEW YORK. September 25 (). — Cotton goods and yarns were steadier today, with trading in moderate volume. Lower cotton Is aiding a substantial expansion in cotton goods consumption, merchants state. Bur- laps were steady to firm, with all goods afloat in demand. * Calcutta holds about unchanged. Raw silk was unchanged. Nilk crepes were more active for immediate shipment and cutters are using silk goods freely for immediate deliveries of -garments. Raw wool markets held steady and wool goods xold well for spot and ipment. Household linens 1l trade. PERPETUAL BOOM MAKES BIG CITY i lohannesburg, South Africa, Exists as Great Metropolis Through Mineral Finds. “Johannesburg, South Africa’s ‘city of gold.' bids fair to annex another enviable title,”" save a bulletin from the National ¢ eographic Soclety. “For “Joburg,’ as it is familiarly known to its citizens. is now acting As host to an influx of adventurous humanity caused by diamond finds in her neighborhond “Johanneshurg accustomed to booms and rushes. Kimberley. which has dominated the diamond mining industry for vears. may have a live competitor. Last April reports that $50.000 worth of diamonds were found near the city caused a stampede of adventurers ' and more thousands answered the irresistable call of the precious stone a few days ago when news of a new find was circulated throughout the union. Owes Existence to Boom. “Until the latter part of the last century, the whole South African Union was little known to the out- side world. It was a pastoral and cultural region and such notoriety as it won was principally due to fre- auent- difficulties between the Boers and the British local or imperial au- thorities, and to the native tribes. It was seldom visited except by traders and hunters but the discovery of the enormous gold deposits of the Wit- watersrand—the Rand—in_ 1885 brought a rush of English. French, Portuguese. Germans and Americans info the country in search of wealth. “Out of that rush, Johannesburg was horn. It is often referred to as the world's vecord-breaking city. It com- menced breaking records $0 vears ago when some th ehanties stood on one of the bleakest portions of the Rand The passing of another vear saw ad- ditional hundreds -of shantles and then the transformation of the firms on which the shanties stood into a full-fledged mining camp. As Large as Toledo, Ohio. “Pioneers of the eighties and nneties little imagined that by 19 their settlement would have a popula tion equal to that of Toledo, Ohio. spread over an area approximately that of St. Louis. They little im agined there would be 8§00 miles of well-paved streets over which 80 miles of street car tracks are buil. Like many of our modern citles, the streets run_checker-hoard fashion, and parks are humerous. ‘he shanties have gradually given way to the march of progress with which Johannesburg Is keeping step, and wide thorougfares, tall. hand. come buildings. schools. churches and luxurious clubs give it the appearance of a bustling New England city. Its location in the hills, with mine dumps on all sides sometimes makes life miserable in the city. when heavy wimnds blow great clouds of dust from these dumps. covering everything in their path. Trees and grass will not grow on the dumps and the only re- lief from the nuisance is the rain which falls heavily in March and April. Immediately following these {raine Johannesburg is at its best— ciear, sunny and warm City 1s Hospitable. the founding of Johannes- it has heen a great melting- r it is an objecti of health huniers. pleasure seekers and ad- venturers in South Africa It is the mosi populous city in the unon and considered its commercial capital. Such a large city as Johannesburg, with its high-tension traffic and bustle usually is not regarded as an ideal vacation or holiday resort , but. in keeping with ite dstinctiveness. it is an exception. The citizens have es- tablished exceptional facilities for rec- reation. Tennis is the favorite amusé. ment and tennis courts may be seen avervwhere. Many pretty pleasure parks, lakes for vachting and boat- and magnificent motor drives Cosmopolitan from various parts of the instrument |potels, restaurants and theaters seem for the workmen to communicate With the assistant at the keys during tuning MARNE’S ANN.IVERSVARY RECALLS WIDE VARIETY! X Pale. Bespectacled Lad Knows Cor- rect Answer to Teacher's Query, But Others Miss Point. five teacher on the battle of the Marne asked the “What | happened on September ? | ‘It is the day .Jaurez 8i- more European than African “The Transvaal district, in which Johannesburg Is situated. for veanr: {hias heen the greatest gold-producing region in the world. More gold was produced from the Rand last June than was mined in California and Arizona during the whole vear of 1924. Gold is the chief export of the district, with coal production and ex- port increasing each vear. The silver }and tin mining industries thrive. Iron ¢ is found in large quantities but | on account of the restrictions of the South African market, the mining of this ore has not been heavly de. | veloped.” HORNER HEADS FIRM NEW YORK. September 25 (P).— Leonard S. Horner. who was chief of nated.” replied another, prohably a future Socialist voter “AR earthquake.” some one shouted. | *Dempsey defeated Georges.” from | & xoungster with a strong chin Jt was not until the eleventh youth, | & pale little lad. wearing spectacles. | was reached. that the corvect reply | "It was the battle of the Marne. | My father was killed there.” he said. | = e CONTROLS INEFFECTIVE. KEW YORK. September 25 (). Although the United States is $he largest single consumer of commodi- staff to the commanding officer of alreraft production during the war, | has been elected president of Niles- Bement-Pond Company. succeedng James K. Cullen, who resigned to give his time exclusively to his duties as president and general manager of iles Tool Works. Hamilton, Ohio. (ol. Horner was cited by the British {government for meritorious services toward production of Liberty motors and airplanes TRAFFIC SHOWS GAIN. NEW YORK, September 25 (#).— | Freight tragfic on the Atchison. Topeka and Santa Fe picked up in the week erchiefs were bought freely j I Donald E. THE SUNDAY STAR, WASHINGTON, D. C., SEPTEMBER 2. 1926—PART 1 LATE SALES CUT 1277 22 BANKING SCHOOL - GRADUATES MANY e | ‘Certificates Awarded 130! Who Completed Course of A. I. B. in Washington. Awarding a certificate to 130 grad- vates of Washington Chapter, Amer- leun Insiitute of Banking. was one of | the most interesting events of the waek in local fifiancial circles. These | students, who made up the largest| ciass in the institute’s history, are all | employes of local banks and already | jactively engaged in financial work. The list represents employes from jnearly every banking _institution in Washington, as well as in Chevy Chase, Alexandria and other nearby places. It is published here in full: ‘Standard Banking Graduates. Kustace Alsop. Elise Aschenbach, S. Winifred Burwell, Marion Clark, P. ry Coates, Dorothy V. Colburn,! . Cradlin, Franci Creamer, Hopewell H. Darneille, John M. Marco, Ruth M. Fishe 2 D. Foote, William M. Garrison, Clar- ence B. Gasch, G. Frederick Heider, | meson, Robert H. Lacey, F. C. Little, Raymond P. Lochte, Robert M. Lyon, L. H. Mattingly, Gil- bert A. Monck, Leo oran, Elmer J. O'Hara, Herbert W. O'Meara, Wil- liam Roberts, Mabel V. Royce, Ma garet Rupp, Waltd L. Sanderson, William . Shipman, Michael F. Sho walter, iSdwl efie, J. Leonard | Townsend, n son, W. Thompson Vandoren, W. Clarke Ver- non. Banking Fundamentals Graduates. | | | William L. Ashdown, H. K. Barrett, | J. Hanson Beall, Robert W. Benner, | Roma F. Beniler, H. T. Bissel.e, Har- lev R. Bodley, Vincent F. Boudren,| Roy R. Boyer, John F. Colbert, Adrian | B. Colquitt, Mark P. Coughlan, Mary Craven, Ellen Clarke Crawford, Wil-| liam J. De Jarnette, Arthur Ross| Deming, Aubrey O. Dooley, Munford | Sllis, Annie C. Engel, John Frederick | English, John R. Farrell, William T.| Robert B. Feild, Stephen H.| 2 ton B. Fletcher, jr., M Lillian Ganbin, Harold F. Gates, John . Gilson, Eugene C. Glenn, Ruth I. rdon, Edward M. Gover, William | F. Griffith, Carroll R. Highfield, Charles V. "Hill, William H. Jordan, | John R. Keener, Norman F. Lawler, Oswald Lehman, R. D. Lewis, Albert ! Lyman, George McClellan, Gilbert A Monck, Francis ©O. Morrison, H. T. Morrison, James F. Neale, jr., W. P. Norwood. W. F. Orrison, jr. B. M. Richardson. Harry L. Rider, Leona T. Rider, L. T. Savage, A. Provost Shaw, Hilda M. | Shomo. D ¥. Sroufe, Lillian S well. Fred I.. Strasser, W. C. Strasser, | Daniel Dullivan, Carl W. Thomp: James A. Thompson. Curtis ! W. M. Topping. E. Rachel beet, Mary E. Van Hoesen, Walker,, C. H. Weckerly, Wilson. Investments Graduates. R. W. Benner, H. T. Bisselle, W. E. | Bolls, C. R. Fadeley. P. M. Garnett, | A. E. . Hume. jr.; George Trelan, Frank M. Perley. William | Schooley, E. J. Vann. Joseph D. Yerkes. Credits Graduates. Robert . Ferzuson, Johi Fisher, | Donald A. McCormack. Thomas S| Fllsworth Mover., William cad Accounting Graduates. H. W. Burnside, H. W. is John Fisher. T. 8. Mallon, jr; L. L. Powers, J. 8. Ramsburgh, R. B. Riley, : George M. Rouzee, H. Witton. CHICAGO LIVE STOCK MARKET CHICAGO, September 25 (United Siates Department of Agriculture).— Hogs Receipt 5.000 head: generally steady: few choice hutchers on sal top, 13.60; desirable 160 to 180 pound averages, 13.15 to 13.60; prac- tically no qualified 200 to 240" pound | offerings on_sale; bulk 260 to 300 | pound butchers, 12.75a13 few. | ®ood heavy butchers: no choice light packing so o bulk desirable kind. 11.00a11.75: no | demand for slaughter pigs: supply <mall shippers took 500; estimated 3.000: Heavyweight hogs. medium, 13.25a13.80; | ight, 12.50118.75, light light. 12.10a 40° packing sows. 10.30a12 staughter pigs not quoted. | Catile—Receipts, 1000 head: re-| ceipts excessive, 167,000 head of cattle | having heen marketed locally in last {wo weeks: 670,000 head at 11 markets; | numbers and slugglsh dressed trade | finally broke; weighty steers, 75 to| 1.00: in-between heavies showing more | decline on glutted closing market; ! vearlings sold strong to higher early, | but closed unevenly lower after reach | ing 12.35. hi of year: liberal sup- | ip\} at : best heavies, 11. early: choice kinds late, at {1110: £gd steers of considerable weight at 9.00°and helow: Western grass run | 19.000 head: slaughter steers and stockers and feeders, 25 to 50 off; fat cows and heifers, showing similar decline: all cutters and bulls &trong to 25 higher: vealers steady. Sheep—Recelpts 2,000 head: practi- cally none on sale today: for week, 17.800 head direct and 301 doubles rom feeding stations; fat lambs clos- Ing 50 to 75 lower: cull native lambs and fat vearlings. wethers, mostly 50 lower: sheep, mostly 25 lower; feeding lambs, weak to 2 week's top fat range lambs, 14.35: fat native lambs, 14.25; fat_vearling wethers, 12.00; fat ewes, 7.10; range feeding | jlambs. 14 ahout _MOVING, PACKING & STORAGE._ E GE FOR FURNITURE AND PIANOS. | WRSAER Pa ave nw. ho ain 1! 9539 it DAVIDSON TRANSFER STORAGE CO. { Long distance mosine. ] E 144 7 12th ’I“HNW' o. _ Eemalts g MOVING g2y STORAGE | KRIEGS|PXPRESS ‘PACKING SHIPPING | 616 Eye St. N.W.. Main :onl‘ Now—At Kann ’s;—A Great Introductory Sale of “DETROIT JEWEL” Gas Ranges! Offering Special Prices, Easy Terms, Free Gas Connections — And An Old Range Allowance —For 6 Days Only! —Kann's has been chosen as exclusive retailers of the famous Detroit Jewel (:as Ranges in\Washington. To- morrow morning a great introductory sale begins, with special inducements that should interest every house- wife in Washington. In fact, we wart to “Detroit- Jewel” all the stove-troubled -kitchens in town on the’ most tempting terms of $1.00 DOWN —and a Year to Pay the Balance. This Range Special at $42.50 -[t"is the new eahiner style. nf black enamel with white door panels and service drawer. Splashers are in black instead of white as shown ahove. This Beautiful ‘Rangé $84.50 —Is of white and gray enamel, except the “never-seen” oven end. Complete with the handy service drawer and Detroit-Jewel patented oven — with rustless lining—famous for its better baking. . For Beauty and Better Baking “Detroit Jewel” Ranges Are Supreme The Patent Oven Is the Reason! The big thing about the Detroit Jewel Range is that'it Bakes Better. In fact. it will bake perfectly and evenly with the oven door wide open—a test no ather range can equal. Aside from this, it is one of the most heautiful gas ranges made —its handy service drawer filling the gaping hole that is usually found heneath the burner section. Comie in at once and see this handsome range demonstrated. .During this Introductory Sale we offer you $5.00 ‘for Kann's U'hird Floor your old Range and free gas connection for the new Detroit Jewel you select. A Monday Sale of Housewares— Offers These and Many -Other Savings! Tungsten Electric Light Bulbs, 15, 25, 40 and 30 watt.... 19C . Oval Wash Boilers, with non-rustable bottoms. Reg. $1.69.. $ 1 000 . Wear - Ever Aluminum French Fryer. Reg. $1.65. at. .. 98¢ . 5-Piece White Enamel Kit- chen Sets. $1.29; at.. 5. Pure Aluminum F’itchers' Reg. 69c. cial, éach . Reg. $1.29 White Enamel Finish Square Top Bread Box, 79C Regular 50c Scrub Mop, with handle, 37(: . Reg. 35¢ White Enamel Cake Box, round, 34C . Quart Can White Enamel Paint or Varnish, with paint brush. Reg. $1.405 for 88¢ . 6-Piece Yellow Earthen- ware Mixing Bowl Set. Reg. 9%8e, for *79¢ Reg. $2.50 White Enamel- Finish Medicine Cabinet, with shelves” 13, 14. . 5-Piece . 3-Piece 1-qt. Pure Aluminum Per colator. Spe- 28 cially priced at. . 49 C Reg. $265 Wear- Ever Aluminum fl’;rercnlamr. $ l .98 . Boudoir Lamp, with deco- rated base, mounted on teakwood stand. Complete with shade, fol .y $1.98 Amber Console Sets, bowl and 4 can- dlesticks. Reg. e sts0, for...... 98¢ Reg. 43¢ Kitchen Size Gar- bage Can, with air-tight lid, for 39C Reg. 65c Splint Wood. 2- Handle Basket, for O’Cedar Mop and Polish, the two at the low price of.... 64C 5-Gallon Stone Jar, specially - pricediat: ... 83 C 6-gallon size, 93c. . 3-Step Folding Kitchen Stool, reg. $1.25, for 68 C s\eg. 45c_ Japanned-Finish ‘aste Paper Basket, for..... 39 C Pure Aluminum Saucepan Set. Decorated China. 6 and 7 in. plates, cups and saucers. Seconds. Choice 29C Ues controlled by foreign countries, |apded September 24, 45,276 carloads _Oran)lz e f @hose foreign controls do not consti. | paving heen handled against 41,515 . 50c Oval or Round Metal tute .any particular danger to this |ihe same week last year. Increases country, in the opinion of the .\'e!\',\\erp shown in movements of grain, York Trust Company. “There would | il and miscellaneous freight. feem to be no mational’ monopoiy -—- which the laws of supply and demand | will not ultimately hold within reason. | ASK BIDS ON CARS. | eble bounds. To maintain the price | \Ew YORK. Sepiember 25 (P).—| effectively. the country must control | pije on 100 cars each are being asked most of the world's total and potential |, “Bagvers Production Co. and Kop- D eccasics mithout vegurd o, prica, | PoF? Construction Co. Wareh 2 ¥ without regard to price: } . A4 i arehouse f i wnd domestic consumption must he 5 a2 . il s Moving, Crati Napanee Kitchen Pnly & small proportion of the foreign | FEDERAL LAND BANK BONDS. torage, Moving, Crating emand or else the burden of the high | oo, sz 418-20 10th X WM. 4229, Frank. 2423, ] | | If Cabinets rice will be borne by the domestic | 'QU0ted V¥ Alex. Browo & Sons. Closng,) | LONG DISTANCE MOVERS nsumer.” i B - ey . P EXPECT NEW RECORD. -PR RAéE® NEW TORK. September 23 (#).— |3} The electrical equipment industry ex. | &1 CRATE AND PACK BY EXPERTS 1313 YOU STREET, N. W, i » and mirror $ l 98 door, for... . Storage in' room mo p Ex. ‘ 2-Piec~ Rose Cut Cheese Trays, decorated pert ‘packers fo | and Cracker in assorted pat- C S ish. terns, FEach 3 63¢ Clothesline, 2 AU L 100 ft., 39¢ for Kann’s—Third Floor. Kann’s Linseed Oil Paint, $2.49 Gal. —A regular $3.50 value and fully guaranteed. Good colors, including inside gloss white and inside flat white. 2, —In oak finish and complete with all the. latest Napanee features, offered at savings,of $I5 to $20. $1 Down, Balance Conveniently 2 3% 232; 8th & D Sts. ects that bookings of General Elec. | $1 ric_Company for 1326 probably will | §as establish a new record. exceeding the | 4. doe ia |2 high mark of §318,470, — 1920, $h3 18l PSP LATLEF 22222333 i ek el 33333333 353533355392, 23322233 B 1