Evening Star Newspaper, March 4, 1927, Page 13

13 whether to take the job which will immediately pay him most at the ex- pense of his future or whether hea should sacrifi immediate earnings v future hossibilities. and good will are sold they become | of Into placen of endices ultimate op- a matter of ordinary barter. portunities. A voungste school early in the investment banking | not really attractive to a business con- 3 - | cern, which should be wise enough to century was |dising experience he had accumulated | pay for what it gets. Neverthe « ajob at $10 u week at J. during the last decade. = After analy-|such gestures frequently Impress em- AN & Co., but turned it down be- | sis of the situation, he became con-|plovers and break down a feeling of By M. S. Rukeyser. | cause he had s chance vke $25 | vinced that his future Iay with one of | apathy toward an applicant. Such a (Copyright. 1927.) woweek in the office tourist | two houses. However, he was unable | Proposition shows at least that the job Working for Experience Only. |PKONCY. After working for two days he | in the first interviews to convince the | seeker is in earnest and believes in Bhie W15 Chlb GF miovise became convineed be had made a mis- | banking houses that their futiire was | himself. The mere saving of a nomi- s s & take and went to the banking | necessarily tied up with his. And vet |nal salary is unimportant, because if longed apprenticeship with little or | firm to sy would be glad to|he has enough force of character to|a man is worth space and desk room, no remuneration has tended to s | have the job wias told that it |follow through. He has decided that|he is worthy of his hire. appear in the United States [ hud been filled. Although he man-|if neither house will employ him, he| Some large banking here has been a growing ernes tied to get placed in another banking | will offer to go with one and work for | matter of poli on the part of young men and women | hons il hix first de-|two months without pay to demon-|at ridiculously for immediate results It | strate his usefulnes: | 3 “requently this leads individuals | a 30 recent into_blind alley occupations, instead | fron Middle We elevator operator. The head of a Wall Street employment agency, who has had wide experience with financial em- plovers, said that some private bank ing firms deliberately pay newcomers | fe less than they can live on, because| Ile must choose between being an they wish only boys whose parents ‘ elevator ope: or porter, on the one ‘take an active interest in them, and | hand, and a clerk, clerk in a law whose parents willing to contrib- | office, or interne in a hospital, on the ute to their upkeep during the period | other. of apprenticeship. There seems to me the Individual of ability, It Is to be an element of snobbery in this | usually good business to invest some houses as a | viewpoint, and there is a good possi- | potential initial earnings power in his s ves | bility that able candidates from poor | long-terms fut With the decision to low Young- | families are needlessly discouraged by | do so must a willingness to live | sters, who may be destined to become | this svstem. during the period of appren- an offer of | great financiers in a few decades, start | And vet the job seeker at the be- nless outside resources can of getting into AND MONEY The search for ofl in this day of sci entific business continues along primi- tive, melodramatic line When a new petroleum pool is found there is an uncivilized rush on the part of prospectors to drill out he oil promptiy before their neighbors do. President Coolidge’s Ofl Conserva | tion Commission suggested that the pro- | hack that He SALES PREDICTED Growing Tendency of Firms to Insure Against Loss of { | regret came | Valued Members. BY J. C. ROYI Special Dispatch to The Star. W YORK, March 4. A fmpetus will he given the life insurance as a result of business developments of the last few days. This was the opinion expressed to by insurance men here The iliness of Henry L. Doherty, controlling large public utility con cerns, was sufficient to cause a re markable drop in the shaves of the Cltiem Service Corporat nd - sus pension in trading in its shares f Lrief time. So far as insurance here know, Mr. Doherty has no amount of insurance tak ou favor of the companies he heads. The merging of the Pirst Nation T i the nley Co. ad t Theaters Co. undoubt of additional utives and art stron writing of the West Coa edly will lead to wr life insurance on e ists in favor of the The life of the Stanley Co.. which op 3 than 200 theaters in the ki N understood to be insured tor a million dollars or more Custom In Movie Industry It has always been ¢ omary for companies in the moving picture in dustry to insure their executives and stars. It is likely therefore that the policies n the live: of Richard Barthelmess, Leon I Colleen Moore, Johnny Hines. Dove, Sam Hardy and other actors under contract to the irst National Plctures will be increased Adolf Zukor, president, and Jesse 1. Lasky, vice president of Famous Players-Laskey Corporation. are in- sured for $5,000,000 each and Marcus Loew, head of a chain of motis pic- ture and vaudevill th oY i * sured for a simil anm t Other business co rns have found it expedient to secure themselves against loss through sudden death of their executives. Three members of the Book family of Detroit, real estate men and builders of the Book-Cadial lac Hotel, each carry $5.000,000 in- surance. Horace A. Saks of the Saks Department Stores, who died suddenly tie motion pis ar ago from blood poisoning, was | Y insured from $1,000.000 in favor of the Central Union Trust Co.. which had sponsored a bond issue through sale of which the Saks Fifth avenue store was built. The life of Rodman Wanamaker, head of the John Wana- maker stores, is underwritten for $7.- 500,000, while William Kresge, chain store merchant, carries $5,000.000 * worth of insurance and William Fox, moving picture magnate $6,000,000. Franklin Simon 111, news today that Bimon, New York merchant tional ‘reputation. is seriously Florida, caused immediate inquiry as 10 the amount of insurance carried by him in favor of the company he heads. This was prompted by the The Frankiin of na- il in of thé concern and also is widely interested in other civic and business activities, It has been the effort of most of the big financial houses to put themselves | not | in such shape that they would be “one man” corporatoins and suf- fer accordingly when one of their key men dropped out of harn The corporations dependent on one man's| activities now are few and far be-| tween, but there are several suc which unquestionably would suffer - terrific slump in the stock markets of the world if their chief sponsors were to die suddenly. It is to meet situations of this sort that the boards of governors of near! all the legitimate stock exchanges r serve the right to suspend trading in any security, and insist that brokers notify them at once and demand such & suspension at any time when a market is so disorganized as to make It difficult for the customers of the broker to be protected. MARYLAND UTILITY BODY MEETING IN BALTIMORE Special Dispatch to The Star. BALTIMORE, March 4.—Members of the Maryland Utilities Association are holding their fifth annual conven- tion here today. There are morning and afternoon | | fou o | who !¢ | tinding and of the early producers who | already drilling in California and in | remedy perhaps lies in unit arilling of |51l wells along svstematic lines | "As the o1l industry tries to become cegularized, it turns increasingly for i | | suidance 10 geologists. { 4 { " In describing the role which the | geologist has been able to play in the | industry, Wallace k. Pratt, geolof of the iTumble Oil & Refining Co.. im- | plicd that his craft had learned move [trom the ofl industry than the trade had absorbed from geologists--the pro- tessors of the nature of rock form I Lventuaily, however,” he “we shall certatnly plac he other side of the| |ledger and make the Industry pro-| 1y our debtor The Geologist's Role. E sing the rituals of the geol n. stripping him- \ exy ogists, this candid m- oE ot the rov feasiona dig nity, diselosed: - many vears the | '« who undertook a commission (i petroleum work did ®o in the man- | | ner of one who descends from a lofty wsition. It was his m to guile and direct. This was his ow | sion of his part in_the indust (his 1ole was conceded to him by th who sought I thow the Industry where to find its no such miracle came {rolenm deposits are more t “Our geolog 1 lore of 30 years ago was pitifully inadequate to cope with such a problem. We did not bhegin to have the necessary hackground of geologic fact. Out of this misconcep- tion on the part of the first geolo condescended to undertake oll employed them has arisen most of the ills that petroleum gealogy is heir to. “The geologist's prestige in the pe- { troleum work has risen because his attempts at oil finding have actually | taught him a little geology and what he has learned he has at once turned to good account in finding and pro- ducing more oil. Tle has not done | this solely through his function as a | geolugist. Geology in the petroleum industry is no longer dispensed exclu- sively by a long-haired scientist sit- ting apart from the common organiza- tion and untouched by practical con siderations. Many Geologists Now. “On the contrary, the geclogic point of view now presents itself from every angle of the producing game. Geolo- gists, or men with geologic training. abound in every company and in every capacity — roustabouts, tooldressers, gaugers, drillers, scouts, engineers, leasemen, superintendents, directors | |and independent owners or proprie- tors—all these are geologists, in amaz- {ing number. Geology has seeped in |at every pore until the producing in- { dustry is saturated with it. In this wise geology truly serves petroleum finding beyond calculation and beyond analysis.” Because of present temporary production the trade cannot cited over prophecies of prolonged shortages in the future. Mr. Pratt is optimistic about pros- pects for discovery of new oil_wells, particularly along the Gulf of Mexico | coast. . “When a geologist,” he says, “looks st the Gulf Coast, he sees one of the three or four greatest ofl provinces on_earth, where, when wells are drilled as deep as his friends are West Virginia; where, when wells penetrate the deepest possible oil sand in the Gulf Coast region, as wells have already done in part of Oklahoma and Kansas; where, when these feats are accomplished, he hopes to have provided a volume of petroleum, which will bulk very large indeed beside the total production of our Nation up to date.” Now that the McFadden bill has become a law the Federal Reserve banks, which, since the war, con- structed important new buildings to house them, have been vindicated. The new law makes the charters of the reserve banks perpetual, where- {as under the act which created the | system the charters would expire in {1932, In place of the widespread | opposition to the central banking sys- tem which was voiced when the system was proposed in 1913, there is almost universal approval on the part of bankers. With the beginning of a return to normal banking rela- tions among the world centers for the first time since the Federal Re- serve system was established, the at SSSSS Qualit . With the idea “ALL OVER TOWN™ —The Better to Serve You The Most Important Duty of Every Peoples the Correct Compounding of Prescriptions! e Employ Registered Pharmacicts With Years of Experience bl ol B o hdelsiomssiodi o b il himini O Drug Store is w ished aluminum ca They $1.50 Pint Size Thermos Bottles Only ()8(' an individual to we it pay is ' to work for consid: DA R R R R TR R R R R IR ER R R R TR R R R R R R S e e e e e e YT R T TR P T PR TR LR LR R R ey Here’s an Exceptional Value! $1.50 Size HOUBIGANT’S Face Powder The Following Odors Included in this Sale Chypre Jasmine at Rose Muguet and Violette I'wo shades white and For natural. Milady’s Beauty and Charm—= These hottles have attractive blue el metal cases and highly pol ps and shoulders are the convenient pint sizes, will keep your favorite beverage hot cold for a long time. Candy Treat A treat to please the whole family chocolate-covered Rum Fruit covered Porous Squares—both ‘A pound of delicious Rolls and a pound of chocolate- for 69c. “Be Sure to Take Home a Treat” \VA A Pound Box of Mammy Lou Porous Squares Fresh, crisp, delicious Porous Squares dipped in wholesome chocolate. Made as only Mammy Lou can make them. Both for (A Regular 98¢ Value Famous Toilet Articles 50c Neet Depilatory .. 50c Dr. West Toothbrush. . 60c Forhan’s Tooth Paste . 3 35¢ Cutex Cuticle Remover . .... $1.00 Coty’s Face Powder . 23¢ 75¢ Save on Standard Home Remedies $1.00 DeWitr's - ... $1.15 Gude’s Pepto 87¢ 65¢ Musterole, jar. ... 43¢ 75¢ Women everywhere know Houbigant's as among the finest and most delicate of French quisitely fully satisfactory in the stay- face powders—ex- perfumed—delight- ing quality of its soft bloom. A special pur- chase enables us to of- fer this wonderful face powder at HALF price. 50c Molle Shavin, $1.00 Pinaud's Vegetal ...... 50c Jergens' Lotion ......... $1.00 Pyorrhocide Tooth Powder...... 50c Woodbury's Cold and Facial Cream. . 3¢ $1.50 Atophan $1.20 Bromo Seltzer. . ........ 7% 30c Hill's Cascara : 98¢ rably less than the ginning of his career must decide b and Service Combined with Lower Prices Have Made Our Stores the Outstanding Another One of Our Famous Week-End SALES of Cigars and Tobaccos Just for Friday and Saturday CIGARS 3 for 20c White Ouwls Box of 50, §2.89 2 for 15¢ Forty Fours ... Box of 25, §1.45 2 for 15c Poppers ........ .. . Box of 25, §1.45 5¢ King Edward.. .. ... % Box of 50, $1.75 5S¢ Isabella (lond.) .. . A Box of 100, §2.89 5¢ Henrietta Juniors, package of.. TOBACCOS $1.00 Union Leader Humidor ... $1.20 Bull Durham, 16-03. bag.. 14-03. Sensation, Tin ... 80c Apple (chewing tobacco) .. 30¢ 30¢ —fairness to ALL Too often the ring of the cash register marks the completion of a sale. This is not the case in Peoples Drug Stores, how- ever. A sale is never completed in our stores until the article purchased gives complete satisfaction. Should you purchase something at one of our stores and later find that you are not fully pleased with it—a refund will be made gladly—and without question. Our ability to play fair at all times has been a great factor in our suc- cess. One small store 22 vears ago —forty-six bright, busy modern establishments, today. 25¢ Merck's Stearate Zine 170 (3 for 50c) 75¢ Gloco Hair $1.50 Goldman's $1.19 Hair Color Re- 35¢ Palmolive $1.00 Lavoris. ........ 69¢ %’:::,::lg Cromms $1.50 Ovaltine 60c Resinol Ointment .. .0p... e 3 LA 60c Bisodol powder.. 43¢ 70¢ Sloan’s 43¢ new method of banking will length be tested under conditions which it was created to meet. Now that the McNary-Haugen bill has been vetoed, the air is cleared for consideration of a constructive pro- gram of farm relief along economic instead of political lines. A new holding company has been launched to take over the chain of Huyler candy stores, which passed out of the control of the Huyler family in December, 1925. Once a trade name And a Pound Box of Mammy Lou Rum Fruit Rolls An assortment of fruit and nut creams with a_delicious rum flavor, my Lou’s unexcelled chocolate. 75¢ Wyeth's Collyrium .. sessions, followed by a banquet to- night, at which Mayor Jackson, George Weems Williams, J. Frank Harper and John N. Mackall will de- liver addresses. R. Paul Smith of Hagerstown, pres- fdent of the association, is presiding at the meeting. —You Save 29c) Two Pounds of Pure, Fresh Candies at this Special Low Price just for Satu 400 Castoria.............930 $1.00 Tyree's Autisep- bl tic Powder = “Hands of velvet ina single night” Queen Anne Lotion 35¢ and 65¢ ‘Why have rough, red, or chapped skin, when It is so little trouble and inexpensive to apply Queen Anne Lotion occasionally, which insures your skin against these troubles? Here’s a Remarkable 'Stationery Value! $1.25 Tulip Linen Box of 50 Envelopes and Box of 72 Sheets of Paper 89 c This pure white finished stationery meets the approval of the most critical eye. 72 sheets of paper and 50 envelopes to match— in separate boxes. Buy a supply now at this spe- cially reduced price. The Spanish government will spend more than $2.000,000 in construction of the Huelva-Ayaminte Railroad. KOLYNOS Dental Cream Kolynos cleans” com- pletely b e - cause 1t loosens an d washes away all fatty food particles _and spongy d e posits and because it contains a scientific blend of germicides which de stroys mil lions of dan- gerous germs that threaten the health of your teeth, your mouth, your entire body. 39¢ .Break Up That Cough Now! Hall’s Cherry Expec- Size Aluminum Pitchers ol 69¢ A low price on these beautifully finished aluminum pitchers. Two-quart size that you will find very use- ful around the home. 8-Cup Size Aluminum Percolators Special, 796 Highly polished, seamless aluminum per- colators. The convenient 8-cup size that makes coffeg very quickly. torant 35¢, 60c¢ and $1 Thin delightful cough remedy fs pleasant to take. quickly and surely relisves coughs, soothes and heals the irritated bronchial tract. So pure that it may be given to children with abeoluts safety. The dollar family size is the most economical. If you can be fitted it’s your great good fortune Save on Medicine Cabinet Needs of Highest Quality and Purity Epsom Salts, Ib. e TS 8c Aromatic Spts. Ammeonia, 3- o0z. size Boric Acid Pow- der, 1b. size.25¢ Chloro form Liniment, 3- There remain of the present season’s stock— A few Suits—exclusive styles. A baker’s dozen Overcoats—all smart ones. And a handful of Top Coats—excel- Ient models all of them. Sizes are broken—being mostly small sizes and large sizes and running through the various grades. But regardless of what price they were— Choose tomorrow—Saturday $91.75 Alterations, where required, 'will be made at cost. B e e S S L T R S a a S ETTEINRY 501. Genuine Size Leather Billfolds A Great ey Special, 98¢ SALE! Bladder Weakness Is often responsible for get- ting up nights, backache, burning sensation, lost sleep and lowered vitality. If you are a sufferer we guarantee Cystex Compound to allay your symptoms and make you feel younger and stronger in. 5 days or your money One American Made Pocket Knives onty 49¢ A very fortunate purchasc permits this exception- ally low price. True steel blades, ground and tempered to a lasting keen edge. Rochelle Salts, 1-03. size Castor Oil, 4-0z. size O - Bicarbonate of Soda, Ib. size, 15¢ Aromatic C a s- cara Sagrada, 3-03. size _..._25¢ Hundreds of Splendid Quality Toothbrushes Only 1 9C Each A chance to get the whole family new toothbrushes. Pure white sterilized bristles set in attractive different colored handles. STTRNRRRICRRCR $2.50 Harris Fountain Pens Very Low Priced, $1.29 Large size pens—made especially for men. Hold a generous amount of ink, which eliminates the necessity of filling often. Beautiful, highly polished barrel—either green or red. Smooth and A —because each pen has a 14-kt. gold point with iridium e as on pens selling at much higher prices. ou’ll want one. The Mode—F at Eleventh R T T R T T T T T I EI RS S SN SSS SRS R RSN RN RS A TSRS R A SRS RS SR SRR E LA RS AR AN ARRAR NSRS ARSI SRS SRR SN AN ARARAS RS AR AR AR SRR SRS RS S \\mm. A ARSI SN S SRR RS R RSN S AR A A “Ss\s“\‘ss\\\m ALERERRARRRCRRRRNCRNNNN See these R T T T TSI TS SRR CENNS s = ; B —_——— A % % % % / % / % SRS A A AR AR A I I LT RS