Evening Star Newspaper, October 10, 1926, Page 43

4ban was reparted in NEW CONVENTION OPENS THIS WEEK Investment Bankers Off for Que- bec—Christmas Club Drive. 21 Failures. BY EDWARD C. STONE. With 5,000 bankers homeward-bound from the Los Angeles convention, sev- eral hundred others are now journey- Ing to Quebec for the annual gathering ©of the Investment Bankers' Assocla- tion, which opens there tomorrow Washington is sending two represent. atives, Eugene E. Tompson, head of Crane, Parris & Co.,, and Paul V. Keyser, the organization’s legal coun- sel. Delegates from New York, Phil- adelphia, Baltimore, Richmond and points South will number 350. Special trains are also en route from New Or- St. Louls, Chicago, Detroit and %0 the large investment houses of the country will be unusually well represented. Bond, industrial, and pub- lic utility problems have a leading ce on the program. Saturday Market Active. session on the local ex- fairly active with prices winding up the week strong. Capital Traction opened at 104 and closed at 104%. Sixty shares of Washington Gas Light sold at 701, and a single share of Lanston Monotvpe brought 92. Two bang stocks appeared on the board, 11 shares of District National selling @t 233 and 12 shares of Federal-Ameri- ran going at 310. Merchants’ Transfer & Storage preferred came out at 100%, while two transactions in Washington Railway and Electric preferred were recorded at 9014, On the bond side Chestnut Farms Dairy 6ls sold at 103 and Washington Gas b brought 101. Tt Is Interesting tn note in the un- listed department thét Chapin-Sacks % per cent preferred stock recorded a ange In the asked price from 104 . the latest bid on Miller Train Control was 2 with 4 asked, the bid 'y Trust was reduced from 150 to 146, and the last bid on Wash- ington Base Ball stock was 60, with 90 asked. Christmas Club Plans Started. Eliot H. Thomson, chairman of the edvertising committee of the District Bankers’ Assoclation, has taken steps to bring to the attention of the mem- her banks the.co-operative advertising of Christmas savings clubs, which has been so successfully handled during the past two years. Last year and the year before the local banks having Christmas savings clubs joined 100 per cent in this form of advertising. The results in getting new accounts and in cutting expenses in advertising the Christmas idea were so pleasing that the same plan will be carried out again this year. Mr. Thomson reveals how the Christmas savings campaign has grown by giving the following figures: Total savings invested in 1924, $3.- 001,473, and number of Christmas club depositors, 49,385; savings in 1925, $4,- 447,741 in 66,279 accounts, and esti- mated savings in 1926, $5,544,967 in 72,128 accounts. The rapid increase in the past three years has led Mr. Thomson to suggest that it may be possible to increase the local Christmas savings to $7,000,000 in 1927 and the number of depositors to 80,000. Failures in Capital Increase. ‘There were 21 commercial failures in Washington during the third quar- ter, according to Dun's report, which involved liabilities of $421,841. In the same period in 1925 there were 14 de- faults and 17 in 192 Numbering 424, with liabilities of $6,943,575, commercial fallures in the South Atlantic section for the third quarter of this year compare with 479, involving $10,110,793 of indebtedness, for the corresponding period of 1925. The number of defaults for Virginia is the same for both years, while de- creases occurred in Delaware, West Virginia, North Carolina, South Caro- Wna and Georgla. On the other hand, the number in Flor{da increased sharp- 1y, and the totals for Maryland and District of Columbia rose moderately. As to the liabilities, the amounts_ de- ased in Virginia, West Virginia, North Carolina, South Carolina and Georgia, but Increased in Maryland, Delaware, District of Columbla and Fiorida, notably in the latter State. ‘Women Avoid Loan Departments. Tt was brought out at the annual meeting of the Assoclation of Ameri- can Bank Women that woman bank employes so far as possible avoid working in loan departments. Very few women gravitate toward loans as a speclalty, because loans and credit and financing of business are foreign to the experience of the average wom- an, one of the speakers asserted. At this same session, Mrs. L. B. Krouth. president of the Sharon State Bank, Sharon, OKla., spoke on laws covering women’s rights in various States, and sald that while some States have laws which aid women in handling their financial affairs, others have statutes which impede. She made a plea for equality for women in the framing of new laws, and the amendment of old laws which are negative to women’s business rights. Institute to Have Party. ‘The women's committee of the local banking institute announces that the first informal soclal of the season will take the form of a Halloween party, to be held on October 30. It is in- tended to be a novel affair in many and those in charge include Catherine Krieg, Riggs National . chairman; Miss Rose Royce, ashington Loan and Trust Co., vice chairman: Miss Mary Craven, Diatrict National, treasurer: Miss Esther Lau, tional, secretary; Mrs. Judith Fishburn, Commercial National;, Miss Ellen Crawford, American Security and Trust., and Miss Frances Orrison, Federal-American. Housing Loans Made Here. Loans totaling $127,750, sufficient to provide housing accommodations for 22 families in Washington and sub- urbs, have been authorized by the Metropolitan Life Insurance Co. real estate committee. The loans were E': ed through the Potomac Savings nk. FOREIGN EXCHANGE. NEW YORK. October 9 (®).—For- eign exchanges firm; quotations in vents. Great Britaln, demand, 484%; cables, 4K5%: 60-day bills on banks, 480% . F 2.88Y. 4.03 Demand—RBelgium, 23.81; Hollan Bweden, 26.7 zerland, 19.3; 1.271%; Poland. 1 Germany, L 21.8935; Denmark, 26.56; Swit. pain, 14.96; Greece, Czechoslovakia, Austria, 14.1235; 53; Argentina, 40.81%: Bra. Tokio, 48.50; Shanghal, 100.100. BUILDING CONTRACTS DROP. NEW YORK, October 9 (#).—New building contracts in September in 37 States east of the Rocky Mountains are compiled at $562,371,400 by F. W. Dodge Corporation. A decrease of 6 per cent from the preceding month and less than 1 per cent under the total for September last year. New construction started in these States during the nine months of 1926 amounted to $4,809,779,800, a gain of 8 per cent over the same period of 1926. Contemplated new work ag- $621,285,500 was reported in eptember, about per cemnt more AREVET THE SUNDAY FARMERS AND MECHANICS' BANK IS IN SECOND CENTURY OF LIFE Now One of Liveliest Institu- tions in Capital—Found- ed in 1814. Has Weathered Panics, Po- litical Upheavals and Al- ways Kept Doors Open. BY I. A. FLEMING. There is another bank in Washing- ton today that is sufficiently aged to entitle it to be mentioned among the antiques in its line, even though it is one of the liveliest and most success- ful institutions in the financial line in the National Capital. Reference is made to the Farmers and Mechanics’ National Bank of Georgetown, organized February 14, 1814, eight years before the publica- tion of the first city directory of Washington, reviewed in these col- ums a fortnight ago. At the time it was issued Georgetown Wwas an en- tirely separate city from Washington and the directors:, broperly or other- wise, neglected it entirely. But the bank people suggest that the memory of tha third more-than- a-century-old bank now in the city should be kept green, as it played an important part in those old days and its record has been continuous right down to the present momernt and flawless. Some Bank Story. Search of the earliest archives of the bank develop the fact that on the 14th of February, 1814, then as now St. Valentine’s day, a company or limited partnership in existence with the name “The President and Dlrect: ors of the Farmers and Mechanics Bank of Georgetown,’ was transact- ing a general banking business in that town. On the day and date mentioned William Marbury, Thomas Turner, John Lee, James Melvin, Romulus Riggs, Leonard H. Johns, George C. Washington, Thomas B. Beall, Thomas Robertson, jr., and Charles W. Goldsborough were present as di- rectors. Some of these names have been carried down in honor through the same blood. These gentlemen then decided to form % bank and a committee headed by the president was named to peti- tion Congress for an act of incorpora- tion and a charter “to be obtained on terms compatible with the interests of the institution.” At the same time a committee was named to obtain a site for a bank building. A month later, the proposal of John Peter to sell his house at the present corner of M and Thirty-first streets for $14,000, payable in eight months, was accepted. Willlam Marbury, president, was to receive $500 a year salary and Clem- ent Smith, cashier, $1,000. The teller received $900; bookkeeper, $800; dis- count teller, $500; runner, $350, and porter, $250 a year. Charter Dated March, 1817. It was not until March, 1817, that a charter was given the bank, the capi- tal being $500,000, large for those days. %t is recorded in 1814, that the bank took $50,000 “of the last Government loan.” In applying for a renewal of charter in March, 1836, following two expirations, the board of directors called the attention of Congress to the numerous loans made to the Gov- ernment varying up to $300,000 dur- ing the War of 1812, in the years 1814-15. James Monroe, when Secretary of State and Acting Secretary of War, he more than once called on the Farmers and Mechanics for assist- ance, sums various in amounts up to $300,000 being advanced by the insti- tution. Vouchers certifying to these accommodations are still in the ar- chives of the bank, worn and antique as they are. In 1876 the bank was reorganized under the national bank act and be- came a national bank. It is now 108 years and nearly eight months old and during this long/period its doors have always been open in banking hours, all checks, drafts, etc., prop- erly drawn and backed, have been honored promptly, while the bank has had but two locations. The bank has had nine presidents from Willlam Marbury to Harry V. Haynes. Henry M. Sweeney, who served 31 years from September, 1865, to Febru- ary 22, 1913, when he passed on, held the president’s office for the longest term; S. Thomas Brown officlated from 1896 to 1913, and Willlam King from 1913 to 1919, when Mr. Haynes, an actlve and energetic banker be- came president. Many Washington- jans remember Messrs. Sweeny and Brown, while Willlam King is today a successful coal merchant in the old town—Georgetown. The counterfeit presentment of the first president is presented with this article, the present executive is too well known to be even introduced, he having grown up with the Rikgs National and being prominent in the Clearing House Association and in all organization work conected with local banks and banking. Some Fine Record. To weather the numerous panics, wars and business troubles that have attended the growth of Washington and this country from swaddling clothes to full-fledged maturity, wild- cat currency periods and the thou- sands of periodical depressions at- tendant on the times of war, re- construction and political upheaval is a record that may well be e blazoned in letters of gold. It is a great legacy to be kept untarnished. There is as much difference in Mr. Marbury, the first president, and the present executive, in personal appear- ance as can be imagined, and vet the both showed a tendency to stoutness. ‘When Mr. Haynes reached the same age as was Mr. Marbury. when he had this picture taken, the dissimi- larity may be largely removed Several Banks of Issue. There were several so-called “banks of issue" in Georgetown functioning in the early days of the Farmers and Mechanics’, helping to flood the coun- try with wild-cat currency, which was no more valuable than the paper on which the notes were printed. These so-called “banks” included the Po- tomac River, Commercial, Washing- ton Bank of Georgetown, Manufac- turers’ Bank of Georgetown and the Central Bank of Georgetown—there ‘were probably others. Notes of these banks were unse- cured, officlals were frequently hard to find and even the offices of the institutions as well. Their paper was never redeemed. Wildcat currency continued to flood the country down until the en- -|actment of the national banking act. In the memory of the writer the “‘counterfeit detector” was required to pass upon every paper bill in the early 1860s and, as stated once before, printers and other wage workers when paid off in bills would at once start the rounds of the saloons in Chi- cago buying drinks of all kinds and changing bills to small silver, while the owner of much paper money at the close of business one day might find them all worthless ere they could be banked. There are many relics of the olden days in the fine new vaults of the Farmers and Mechanics’ National, in- cluding the desk scales used back century ago for weighing gold; the Upper: William Marbury. Lower, Original check canceling | “machine.” o discount box, into which applications for loans were placed, awaiting ac- tion of the directors: the keys to the first"vault ever used by the bank, with numerous valleys, cuts. depres. slons, etc., in them to make them fit the complicated locks of the time. Thy too, there was the ‘“‘war club,” a mighty powerful iron club on one end a die prepared for the can- cellation of checks. This ponderous tool was not, prob- ably, used more than once on each business day. A single spindle does the work satisfactorily these days. In the olden days the bank used a grandfather’s clock of equal merit to that possessed by the bank, a_self- winder, told the correct time of day— it 18 still faithful and is still the regu- lator of time at the bank—an aged, honorable clock. Take your hat off to it. The founders of the Farmers and Mechanics' Bank were wise in their day and generation. At the original meeting, when it was decided to seek a charter, it also was resolved, that, “the amount paid in as the first in: stallment of the stock of the bank be_invested in Treasury notes.” Treasury notes have been one of the best forms of investment for banks and are so classed to this day, many bankers countjng a sure ad- vance and good gain on every issue made. It was an error of memory, often committed, that omitted Farmers and Mechanics’ from the earlier story of old banks in the Capital—and a sin on the part of the first directory. H. W. Burnside of the Farmers and Mechanics’ Bank suggested the tendering of honor due to the “venerable institution.” not i the BALTIMORE MARKETS. BALTIMORE, October 9.—Market for white potatoes rules easy, and shows a slight decline from last week under liberal receipts, but fairly good demand prevalls for No. 1 stock at 3.00 to 4.50 a barrel, and 2.75 to 3.00 hundred pounds: No. 2 stock, how- ever, Is not desirable, and all offer- ings of such move slow at 1.50 to 1.75 barrel, and 1.25 to 150 hundred pounds. Sweet potatoes and yams are in liberal receipt, and market is quiet and dull, demand being slow at 1.75 to 2.50 barrel, and 1.00 to 1.50 for No. 2 stock; bushel hampers sell mostly 35 to 1.00 as to quality and condition. Native and nearby garden truck in only moderate receipt, and under a fairly good and constant demand the market rules steady at the fol- lowing quotations: Stringless beans, 1.00 to 115 a bushel; beets, 2.0023.00 hundred; broc- coli and kale, 30a40 bushel; cabbage, 2.00 to 5.00 hundred; carrots, 3.00 to 5.00 hundred; corn, 10 to 20 dozen; eggplants, 65 and 75 basket; lima beans, 1.25 to 1.75 bushel; lettuce, 50 to 1.00 bushel; onions, 1.25 to 2.00 hundred pounds; oyster plants, 4.00 a5.00 hundred; peppers, 20 to 50 bas- ket; pumpkins, 5.00 to 10.00 hundred; savoy cabbage and _spinach, 50a60 bushel; squash, 65a75 basket, - and tomatces, 60 to 1.25 basket, and 95 to 1.00 bushel for packing stock. a5 Live Stock Quotauons. The general live cattle market rules steady to firm under only moderate receipts, and mostly of common to ordinary grade which are hard to | place, and of irregular value. Demand good for first quality stock at full quotations, but off grade cattle must be sold at buyers’ price. Quotations today at Light street wharf: Beef cattle, first quality, pound, 8 :o 9: common to medium, pound, 5 o 7. Bulls, as to quality, pound, 4 to 6. Cows, choice to fancy, pound, 5 to 6; jcommon to fair. pound, 3 to 4. Oxen, as to quality, pound, 4 to 6. Milk cows, choice to fancy, head, 50.00 to 75.00; common to fair, head, 30.00 to 50.00. Calves, veal, choice, pound, 141 to 15; ordinary to medium, pound, 11 to 13; rough and common, pound, 8 to 9; small culls, pound, 7 to 8. Sheep, choice,!6; old bucks, pound, 4 to 5; common, pound, 2 to 3. Lambs, Spring, choice, pound, 14; fair to good, pound, 11 to 13; common, thin, pound, 8 to 10. Hogs, straight, pound, 13 to 14; sows, pound, 10 to 12; stags, pound, 6 to 8; old boars, pound, 4 to 5; live pigs, pound, 15 to 18; shoats, pound, 12 to 1 Dairy Products. With continued light receipts of na- tive and nearby strictly fresh eggs, and a good and constant demand for this character of stock, the market rules firm, and the advance in price this week has been well maintained. Buyers are very critical on quality, STAR, WASHINGTON CHEVY CHASE BANK WILL OPEN FRIDAY Gala Day Planned When New $100,000 Building Is Shown to Public. Next Friday evening Chevy Chase ‘will celebrate the opening of the new $100,000 Chevy Chase Savings Bank, at Connecticut avenue and Morrison street, invitations having been sent out to Washington bankers and busi- ness men as well as to officers of many suburban banks and to the bank’s own depositors. The new home will be open from 7 to 10 and the event will mark a very important event in the history of this thriving institution. The handsome building, which has an especially fine location, was planned by Arthur B. Heaton, the Washington architect. The building is designed in the man- ner of the earlier period of the Ital- ian Renaissante. The exterior walls are of Briar Hill sandstone, of a pink- ish cream color, with flushings of brown and purple. The base is of dark gray polished granite. The only ornamental features on the front con- sist of the name of the bank in dark bronze letters, a simply carved door- way of St. Genevieve marble, and four placques, two on each elevation, the two on the Connecticut avenue side representing George Washington and Plerre L'Enfant and the two on Mor- rison street showing conventional motifs from the national currency. Interfor Most Attractive. The interior is desigred to give an alr of dignified hospitality. The walls and cellings are executed in putty-col- ored troweled plaster. The celling is a groined vault, springing from pilaster caps of molded allegorical figures representing the natlonal currency and the principles of thrift and pros- perity. For the floor of the lobby Tennessee marble with _travertine border has been used. The tellers’ windows are most conveniently ar- ranged and attractively designed. In addition to the banking facilities on the first floor are offices for the bank officials, ladies’ room, committee room, and safe deposit department. The vault is employed as a massive fea- ture of the interfor design. On the mezzanine floor are working and file rooms and a large board room, all attractively furnished. The Chevy Chase Savings Bank has enjoyed remarkably rapid growth. It was opened on December 1, 1921, with deposits of $25.416.72. A year later deposits were $210,180, advanc- ing rapidly each year until that reached $471,102.65 on December 1, 1925. On October 4 last they totaled $535,499.18. The bank’s present officers include Frederic E. Farrington, president; Thomas W. Perry, first vice presi- dent; Alfred B. Leet, second vice pres- ident; Paul Sleman, counsel; Clyde D. Garrett, secretary; J. Ezra Troth, third vice president and cashier, and P. S. Spoon, assistant cashier. The hoard of directors, in addition to President Farrington, is made up of Thomas W. Perry, Fred W. Mac- Kenzle, Paul Sleman, Clyde D. Gar- rett, Alfred B. Leet, Joseph A. Burk- art, E. J. Murphy, Stanton C. Peelle, John C. Walker, George P. Hoover, R. Frederick Hatcher, Bynum E. Hinton, S. Peacock, Thomas K. Con- rad, Willlam A. Mills, Frank Simpson, Herndon Morsell, Horace E. Troth, jr.. and John Hulse, Truman Abbe, and Frank Shipe. The bank aims to be the most efficlent kind of a community insti- tution and the charter allows one person to hold only a limited amount of stock in order to keep it out of the control of two or three stock- holders. however, and to draw top quotations stock must grade firsts. Offerings of doubtful quality are slow to find favor, even at sharp dis- counts. The market closed today at 42 cents a dozen for firsts in free cases, The general live poultry market holds steady under a fairly active demand, especially for large fat old hens, which are bringing top values over all poultry. Spring chickens have been In mor liberal receipts, and the market rules generally easy at 26 cents a pound for large smooth stock and 24 for Leghorns, but poor and thin chickens are in ample supply and slow sale at 18 to 20. Medium to large old hens clean up readily at 27 to 29, but Leghorns and thin old hens are slow sale at 20 to 22: old roosters in better demand at 18 to 20. Market for ducks steady at 24 to 26, for large fat stock, but easy on small and poor, which are not wanted ! at 18 to 20. Guinea fowl in more lib- eral receipts, and prices mostly in buyers’ favor at 60 to 75 each for large, and 40 to 60 each for small. Pigeons in ample supply and slow sale at 20 to 30 a palr for both youngi and old. SAY “BAYER ASPIRIN" - Gonuine When you see the “Bayer getting the genuine Bayer Aspirin proved safe by mil- lions and prescribed by physicians over 25 years for Colds N Pain Headache Neuralgia Sufe Toothache . OCTOBER 10, LSTHASTUNBLE - NSTOCK ARKET Cotton’s Break Has Large Effect on Exchange—Most Issues Lose. By the Aseociated Press. NEW YORK, October 9.—Stock prices plunged downward again today as bear traders launched another selling attack on the theoby that demoralization of the cotton market would react unfavorably on the general budiness situation. Concen- trating thefr fire first on the shares of Southern Rallroads and industrial Compaines, they eventually succeeded in depressing the prices of pivotal issues and turning the course of the entire market downward. Net losses in the active stocks ranged from 2 to 812 points. The cotton market, however, was steadled after the violent declines |!™ which preceded and followed the Government's prediction of the largest crop on record. News that the President had appointed a special committee to aid this industry in the marketing of. the crop Wwas favorably recefved and prices closed 12 to 16 points higher in contrast to recent displays of weakness. Selling Is Severe. The severity of the selling move- ment, which quickly superseded in- itial attempts to bid up prices, carried United States Steel down to 3% Roints to 142% in the face of official predictions that unfilled tonnage would show an increase for September. These were borne out by the figures made public after the close of the market, revealing a gain of 51,174 tons, the second recorded this year. 2.t the day’s low point of 1428, Stesl was more than 12 points under the high figure touched a week ago todas General Motors closed 3% polnts lo er at 153%, compared with last Sat- urday’'s high of 173%, and Du Pont slumped 8% points to 326. Liquidation of Southern rafl and in- dustrial shares was attributed in some quarters to a desire of financial in- terests in that section to devote their resources, if needed, to the support of the cotton industry. 'Coca-Cola slumped more than 6 points and prominent | rails, including Atlantic Coast Line, Lousville and Nashville, Southern Railway, Chesapeake and Ohlo and | Norfolk and Western, were hammered down 1 to 3% points. Selling of the ralls, however, was not confined to | the Southern carriers, New York Cen- | tral, Atchison and Nickel Plate show- | ing pronounced weakness. Despite reports that raflroads were on the verge of placing large orders | for rolling stock to handle their in-| creasing traffic, shares of the equip- ment companies also vielded to selling pressure. Baldwin, Pullman, Westing- | house Air Brake and General Railway | Signal, . after an early period of | strength, closed 1 to 23 points lower. Other Commodities. In line with the firmer tone of the | cotton market, other commodities also | were steady. Wheat prices advanced fractionally on the day, but closed the week with slight losses. Coffee and sugar showed little change. Trading in the foreign exchange market was featured by the rise of 8! points in Italian lire, which went | above 4 cents for the first time in | about 5 months. Demand sterling ruled unchanged around $4.84%, while French francs were slightly | firmer at 2.87% cents. The weekly clearing house state. | ment showed an excess reserve of | $37,993,330, as compared with a deficit | in reserve last week of $23,360. Aggregate reserve totaled $629,099,000. | The detailed statement of actual con- | ditlon showed mixed changes. Loans, | discounts and investments decreased $83.890.000 and net demand deposits $106,446,000. Cash in own vaults in- | creased $4,104,000, reserve in the Fed- | eral Reserve Bank of member banks 335.600.000 and time deposits 35‘258.»; E | COTTON GOODS QUIET. | | NEW YORK, October 9 (#).—Cot- ton goods ruled quiet today with an easy tendency. Yarns were slightly easler and unsettled. Raw silk was lower in Yokohama and slightly lower here. Good trading was reported. Wool goods markets continued active on spot goods. The carpet and rug auction was eminently successful, having made a record in the volume of goods sold and their values, e Manitoba Executive }nmed. OTTAWA, Ontario, October 9 (4).— Theodore A. Burrows, former mem. | ber of the Dominion Parliament and a lumber magnate of western Canada, | yesterday was ‘appointed Lieutenant | Governor of Manitoba to succeed Sir | James Aikens at the expiration of his | term, on October 24, The appointment was following a meeting the acting president announced of cabinet Cross” on tablets, you are euritis Lumbago Rheumatism Accept only “Bayer” package which contains proven directions. Handy “Bayer” boxes of 12 tablets Also bottles of 24 and 100—Druggists. Amicia 15 the trade mark of Baer Masafacture of Momoaceticacidester of Salicylicacid . 1926— PART RADIO GOSSIP AND NEWS No longer can a DX hounder sit at | evening without one. his set and check off station after sta- tion as he slowly twists the dials from down around zero toward the 90 and 100 marks. Old records of 80 to 100 stations in a night, or thirty-some an hour, are likely to stand for some time. ‘The reasons for this condition are sev- eral, but the chief one, besides inter- ference, is because the announcements of call letters are being made less fre- quently. Another reason is because longer selections or groups of three numbers are being plaved in sequence without interruptions by the long per- secuted announcer, who has been blamed for everything. He has an easier time now, but his station prob- ably doesn’t get as many DX cards and notes. When some feature program is being broadcast by a long chain of stations it is almost impossible to identify the one heard unless it is held for a long time: announcements give the list of all the stations hooked up. but some of them operate on the same channel. With the general shifting about of stations on different wave lengths it is almost impossible to keep a log book corrected to date so that a station can be identified by dial read- So, after two or three years of per- secution, during which it was often declared that the announcer was as useless as a phonograph in a broad- cast station, or that the less heard from him the better he was, the an- nouncer is coming into his own. He is now believed indispensable by fans who like to go traveling on the ether waves and are desirous of knowing at what stations or ports they stop with- out waiting 15 or 20 minutes. They expect radio stations, like railroad sta- tions, to be labeled clearly so they can tell where they are. In an effort to ascertain just how necessary an announcer is, one New York station plans to operate a whole Bey with c Jence where you see t5is sig. 917 G St. Sets 1210 G St. NW. = Radiola 20, Radiola 30 and Superhetrodyne It will be pos- sible to identify the station, since it will trnsmit a peculiar whistling note occasionally during the unannounced program. Educating With Radio. Officials of the Bureau of Education and of the National Education Assoclation are watching with interest the efforts of the Connecticut Board of Education and the officials of the city of Atlanta in utilizing radio broadcasting as an auxillary for common school education. In Connecticut educators are hav- ing receiving sets installed in all the rural schools, where through the co- operation of station WTIC at Hart- ford special programs are heard dafly. These programs deal with the subject of musical appreciation, but it is planned to extend the scope of the broadcasts so as to include other subjects pertinent to the classes under instruction in the rural communities. The system may be extended to the urban schools if it proves successful. In Atlanta a different plan is in operation. Every school in the city is equipped with a first-class receiving set and practically every hour of the day one class or another is assembled in a spacious room in the school to listen to instruction via radio. Many subjects are covered and after school hours children not entered in school and their parents have the privilege of attending what is called the “Atlanta air schools.” So far both these schemes appear to be working satisfactorily, with the result that school boards in practically all communities are seriously consider- ing attempting it in their districts. Besides the purely instructive fea- tures, the children also are enabled to receive radio entertainment, some- thing many of them cannot hear at home. The Governor of Lower California 43 is said to be planning to equip all the rural Mexican schools with radio receivers so that the pupils may listen in to available radiio talks and entertainment. French Planes Use Radio. All French commercial airplanes carrying passengers must be radio equipped, according to a recent decree of the French government, Consul Raymond Davis, at Paris, reported to the Department of Commerce. Every airplane for public transport, capable of carrying at least 10 passengers, he said, must be supplied with a radio- telegraphic outfit, when it is to travel more than 160 kilometers without a stop, or fly over the sea or at a distance greater than 12.5 kilometers from the sea coast. The equipment must be handled by a skilled operator and not by the pllot. Radio telegraphy only may be used in ordinary com- munication, but in case of necessity the radiotelephone may be used to in- sure the safety of the plane and pas- sengers. Apparatus used on French com- mercial planes must be capable of listening in on 900 meters, and must assure transmission and reception an 600 meters on damped or continuous wave (audible frequency), as well as by continuous wave on 850 to 950 meters and 1,500 to 1,550 meters, and the reception by continuous wave from 850 to 1,800 meters. Every pub- li~ transport plane capable of carry ing more than 5 but less than 10 per- sons must be equipped with radio ap- paratus when it flles for more than 160 kilometers without stop or flies over the sea or at a distance of more than 12.5 kilometers from the coast New Rumanian Minister Coming. BUCHAREST, October 9 (#)— George Cretzjanu, new Rumanian Minister to the United States, yester day left for Paris with his daughter. He plans to arrive in New York to be on hand to recelve Queen Marie during her forthcoming visit to the United States. Tane in a Radiola 20 with an RCA Loudspeaker 100, Listen awhile. Surptise your ear with radio voice that is really human, and you will not be satisfied with the old type radio. Radiola 20 has sold by the thousands on its fone guality —even in competition with much higher priced sets. It is real—it is clear! And with five-tube economy, it has a special sensitizing control that gives it the sen- sitivity of the many-tube sets. It has the newest features of radio—single control tuning . . . and a power Radiotron for volume. But it is tried, tested and perfected throughout a year’s use. It has had time to prove itself the biggest value- buy in radio today. RADIO NewYork Chicago IF IT'S RADIOLA Get It At GIBSON’S Radiotrons Washington, D. C. On Sale at CORPORATION OF AMERICA San Francisco A-Radiol —_— MADE - BY * THE - MAKERS - OF - THE - RADIOTRON , N.W. Accessories WHOLESALE DISTRIBUTORS RCA—Radiola MADE BY THE MAKERS OF RADIOTRONS National Electrical Supply Co. 1328-1330 N. Y. Ave. Phone Main 6800 e ——— Radiolas and Radiotrons may be t budget here—with monthly pnymeny m& ently arranged on light bills. « THE POTOMAC ELECTRIC APPLIANCE C0. This Company Stands Behind Every Appliance It Sells. 14th and C Sts. N.W. Main Ten Thousand .~ HARRY C. GROVE, Inc.