Evening Star Newspaper, September 1, 1927, Page 16

ter items are already beginning to THE EVENING STAR, WASHINGTON, D. C. THURSDAY. SEPTEMBER 1. 1927, HE k SECURITIES FIRM FORMED. PENNSY POWER IS HELD .. ruiroas” sisctrncetion Various power companies_ atriving | e Aee nave In'its weokly herdwnre mar.|" NEW YORK, September 1 UP),— FACTOR IN W., B. & A. DEAL | view when it acquired control of the 4 ket summary. Wholesalers are taking | A new securities c to be k | v D. . = to serve the Pennsylvania, including | Hardware Dealers’ Stocks Light Y ompany nown 2 | Washington, Baltimore & Annapolis |ine Gonsolidated and Pennsylvanis &00d orders for snow goods, ice skates, | o ity Financial Corporation, with | and Good Fall Business Is Seen. |sieds, and furnace items have been paidin capital of more than $20,000,- Railway is a belief expressed in the | Water & Power, may join a big super. | Election of Thompson, Railroad || co\"anancial district. power link in order to facilitate the| NEW YORK, September 1 (Spe- “‘{;;Y active ’°"‘“'° “""“"-d’ T v i T i Director, to Consolidated Gas- | KElection of Arthur W. Thompson, | supply of current to that railroad. clal).—Average retail hardware stocks flO‘fl;i:l :1:: :ev:r'nll;:n;:r:an‘: oo 3 and Power of Baltimore had the Penn- | Pennsylvania for the reason that he is a director of that railroad. I1SIT THE NEW ' HOME of BALLARD We cordially invit BT S S ] ant ane fquipment, ich stand ENIL R o Sir S5y BALLARD OIL HEATING C0. S Rt | president of the United Gas Improve- R rTEaN agement of B. K. Marcus, president ectric Boar: gnificant. 1617 O St—North 658 ment Co., to the Consolidated com- are abnormally light for this time of | centers. Shelf goods are generally ac- | of the Bank of the United States, and pany’s board also was regarded as sig-| A coindn-the-slot camera which | the year, say jobbers, which leads |tive, with mechanics’ tools improving | Saul Singer, executive vice president. Special Dispatch to The Star. nificant. Mr. Thompson's affiliation |takes your picture and presents It | them to believe that Fall trade should | the last week in August. Authorized capital consists of 750,600 New Processes and Equip-|,BALTIMORE, September 1—That|with the local company, it appeared.|finished in less than a minute has |be very active, harring a long stretch stock and 300,000 |the Consolidated Gas, Electric Light ' may strengthen its pull with the been devised by a California Inventor. | of unseasonal weather. Fall and Win- | sections. This store remains Collections appear improved in most | <hares of class both no par value. | shares of class “] ment Increase Profit Mar- gins in the Business. | ] BY 4. C. ROYLE. J ‘We have been appointed exclusive Washington rep- resentatives of world-fa- The new imported Mar- casite rings are very, very Special Dispatch to The Star. NEW YORK, September lmThei steel industry is in the strongest po: tion it has occupied since the wi | years. This is due not to present or- | ders or immediate prospects, but to in- | creased margine of profit resulting | from new equipment and new| processes. Millions already have been spent| to install these processes and many | more millions will be spent in coming | years. The steel manufactur nmi enly pect to get back every nickel with added rofit, but have already be gun to do so through reduced costs of manufacture. Despite the fact that steel mills are | now operating at low percentages of normal_capacity, more ‘steel is being | made than ever befor: e more units in the indus 1s producing more tonnage than e Production of iron and steel is per cent greater than in 1913, al though population has increased only 18 per cent in that time Motorizing One Pl The Youngstown Sheet third largest independent $10,000,000 in motorizing its Campbell, | ©Ohio, plant. This is in addition to | about $30,000,000 already expended on that unit. When the work is done no more steel will be produced there than at present, hui what is made will be turned out at a tremendous savin under present costs through reduction | of lahor, fuel and maintenance. Under the proposed system the company will blast furnace gas, heretofore a | . 10 generate steam to the success the A. M of v, it is believed this method of pro- ducing wrought iron will spread rap- | idly. The wrought iron turned out at the company’s Warren plant is said to have all the qualities and char- acteristics of hand-puddled iron, but is produced at a tremendous saving as compared with the costs of the older method. The Byers Co. is using the product in the making of wrought iron pipe. A new method of sheet making now is emerging from the experimental stage. This is the continuous sheet mill and the principle is being.adopted { throughout this department of the in- dustry. This process, however, not yet heen introduced in the Ma honing Valley district, the worl greatest sheet center, although it is #aid to have proved itself elsewhere. Continuous Steel Mills. The Weirton Steel Co., at Weirton, W. Va., has just started up a plant of this sort and has cut down mate- rially on man power. The American Rolling Mill Co. is operating a c tinuous sheet mill at Ashland, Ky and has just authorized the construs tion of another similar plant. Th American Steel & Wire Co. has fol-| suit at its Cuyahoga plant. At Ashland the American Rolling Mill Co. now uses 20 men to operate its continuous sheet mill on an eight-hour shift. To produce an equivalent amount of sheets under old plant con- ditions would have required 40 hot- mill crews, totaling 360 men on each eight-hour shift. The term “back log.” meaning the volume of unfilled orders, has ceased to have any real significance in the steel industry in these days of small orders frequently repeated. Makers no longer pile up huge reserve stocks during the slack season to carry over the period of brisk demand. New equipment and new processes make it possible to turn out an order almost &s soon as it has been received. It is for these reasons that steel men say the industry is now on the: soundest basis in its history —_— MERGER IS PLANNED. BALTIMORE, September 1 (Spe- elal).—Directors of the Finance & Guaranty Co. and the Federal Financs & Credit Co. have passed resolutions recommending to the stockholders of their respective companies that they sanction consolidation of the corpora- tions. The new company will be known as the Finance & Guaranty Corporation and will be incorporated under the laws of Delaware. Stock- holders’ meetings will be held on Sep- tember 27 to vote upon the action of the two boards. The new corporation will have an authorized captial of 60,- 000 shares, without par value, and net capital assets of approximately $2,000,000. BARBER&ROSS, in 11th and G Specials For Your Labor Day Trip i 92.75 Camp Fire Grates ;:::igenton $ 4 © 7 5 For the Running Board Pint Thermos Bottles Auto Vacuum Ice Cream Freezers, 2- $ . gt. size..... 3.00 High - Speed Ice Cream Freezer, galva- nized iron; 2-qt. Freezer; qt. size Tourists’ Kitchenettes Luncheon Outfits Auto Seat Cushions Tires—Tubes Store Closed 1 P.M. Saturday All Day Monday A FASHION INSTITUTION Wasrnington Nowlorn mous Tecla Pearls. 9 I J closed all day Saturday, J September 3rd. Do your A PASHION “‘“""",‘.0:"'. shopping tomorrow! A FASHION wl’l’u‘r’l.o:am smart. Six Days More for W ashington’s Greatest Summer Sale of New Winter Coats —which continues until September 10th to enable returning vacationists to share in the wonderful savings afforded! $10 and $15. Jetleffs A FASHION INSTITUTION Wasnington Now Whn Six days more for you to selgct your new Winter coat at important savings—from Washington’s greatest Winter coat collection—from a most unusually complete collection of the best of the new season’s coatings—the finest selected fur trims—the smartest new flares and details § —the leading Fall colors. Six days more—and whether you are woman, miss, little women, larger women, or junior—you will find a comprehensive choice for you— in this record-establishing event, Women's Luxera 3 Skunk Trim $98.50 Four Great Price Groups! $78.50 $98.50 —which insures $10 to $25 on each coat! And in addition——our $165 to $295 coats at 15% disceunt! Remember—we have made it very convenient for you to select your coat now—y. free—until November 1st—or it will be charged to your account for November billing. That Very Smart -Snug Hipline —arrives in a fascinating group of new heavy crepe-back satin frocks— —for Misses Most unexpectedly priced at 25 The snugger the hip— the smarter the miss— this season—that's why our buyer selected ten of the smartest new snug hiplines presented in the Paris openings—and had them reproduced in beau- e S tiful quality crepe satin— Rois to sell at $25. There's the snug hipline that's caused by a tight pep- lum under a slight blouse; there’s the snug hipline that’s caused by a carefully draped sash or a deftly-placed wide belt—there’s the snug hip- line that's caused by clever pleating; the snug hipline that's in the cut of the skirt —and always it must be per- fectly tailored to look right. That's why these frocks are so important at $25. Malaga Red Hickory Tan Franciscan Volga Green New Tan Duskblu Black Misses’ Frock Shop—Third Floor Paris Insists on the Envelope Handbag —And here are her favorite versions at— $8-50 They are of a nice medium size and flat, so that they fit easily under the arm and you choose them in a color that will blend with your Fall cos- tume—either in smooth calf with silver piping—or Gallu- chat (mottlea leather) with smooth calf trim—and the linings are unusually fine. Black Navy New Tan Volga Green Handbag Shop—Street Floor Paris comes to Washington with “Paris Hat” Replicas —from the originals of Caroline Re- boux, Marie Alphonsine and Suzanne Talbot. $1 6.50 The hats you'll be reading about in your favorite fashion magazines next month— the newest creations of three leading Paris milliners—here for you in perfect repro- ductions. The new close-fitting hat, new beret types, stunning new black hats, velvets in ingenious new drapings—new Fall colors and color-blendings—just the kind of collection from which to select your very important first hat. A choice of eighteen new Fall shades! Millinery Shop—Street Floor Five Specialized Coat Shops—occupying the entire third floor of our main building! Featuring an Unusual Assortment of Caracul Coats In Our Greatest September Fur Sale —which opened today with the largest, most comprehensive group of furs, with the most remarkable values—and with many groups of furs that we do not expect to duplicate at this price—even during the duration of the sale. We selected our fur pelts early and carefully to make sure of the finest— we gave our furriers an extra month to insure painstaking and careful work- manship—and we took a tape measure into the market—to protect you against skimping—and now the coats are here for you—in this our greatest fur sale—greatest in fashion—authenticity—greatest in fur beauty—greatest in values. Grey Baby Caracul—$350 October Price $395 Flat pelts with luxurious shawl collar of platinum fox. Cocoa Caracul—$350 October Price $395 With Queen Anne collar facings and border of rich brown mink tails. Cocoa Caracul—$295 October Price $350 Beautiful straightline brown fox shawl collars. Black Caracul—$265 October Price $295 Effectively trimmed with luxurious— beautifully marked—Baumarten shawl collar. Cocoa Kid Caracul—$265 October Price $295 With stunning shawl collar of beige dyed white fox. Beige Caracul—$195 October Price $250 Beautiful soft skins with brown fox trimmed mushroom collar. Grey Caracul Paw—$195 October Price $250 Exceptionally good skins with platinum wolf collar and cuffs. Cocoa Kid Caracul—$165 October Price $195 (Beautiful, moire-marked)—flat skins, with rich brown fox mushroom collar. models with Hundreds of other stunning furs—including luxury, “investment” and nov- elty furs—at $165 to $2,500 and corresponding savings—and a small deposit will reserve your selection until November 1st. Fur Shop—Fourth Floor An All Day—And All Night Silk Stocking! Gold Stripe Silk Stockings Style 512 s $5' 10 Silk to the Gold Stripe T he pair Business girls can leave the office blithely, dine downtown and go to theater or dance. . ..with never a thought to their stockings if they are wearing Style 512, the new Gold Stripe Silk Stocking. Run _that Starts ,75 Three pairs o -~ . 3 No worry about wear, for feet are cotton. No worry ahout comfort: tops are elastic. made of eotton. Style 512 isia70-100TTY SLOCKING. N0 Tor: shoit shieheanee ciaars HITOR. Mo S AboaT s Ls Srelelastic miade ot cotion: pass the Gold Stripe. No worry about repairs--made professionally at cost. 32 Smart Fall Shades for Daytime and Evening! Exclusive here and at our Stoneleigh Court Gold Stripe Shop Friday—New Misses’ Suits Exceptional Purchase — $35 to $39.50 kinds—Imported Tweeds and Homespuns— 325 Here is the reason why! A manufacturer with more than 100 new Fall suits on his rack found that the demand for Winter coats was already so great that he could not find the time to continue his suit business—so he decided to sell out his suits and discontinue them for the season. We happened along at the psycho- logical moment—offered a price way under regular and here they are for you—$35 to $39.50 suits before the scason has really opened.—at $25 each. All Misses’ sizes —14 to 20—surely you will want one. On sale beginning tomorrow at— Many untrimmed in mannish style! All hand-tailored and silk-hued! Contrasting pipings and stunning pockets! Herringbones and shadow stripes—fine checks and mixtures! Wrap-around and pleated skirts! Black and White Grey Green On Sale at 9:15 AM. in the Sportswear Shop—Fourth Floor Single and double breasted styles! Some with Jap fox, raccoon and wolf collars! Some with fur cu, Tan Blue! $125 ou pay either a small deposit and we hold the coat storage Minnes" Mignon Ce For College Girls! New Silk “Undies” Just as pretty as they are practical! Step-Ins and Chemises —and very temptingly priced $].95 We bought these under- things for the college girl's wargrobm We knew they would have to withstand hard wear — and yet be dainty and smart. When you feel the quality of the crepe de chine—and see the dainty lace and embroidered net trimmings—you'll agree that they are just right. Flesh, white, peach and nile. Here’s a Great Idea! The New Step-In Pettiskirt, $3.95 It's a combination of step-in and petti- skirt—so that you need only wear one garment instead of two. And it's made of heavy crepe de chine in flesh, black, navy and tan. Grey Shops—Second Floor “A Wise Woman Never Washes her Face” , Skt Marie Earle, as a skin specialist as well as a beauty expert, has one simple rule for women who value their ‘complexions: “Never wash your face again.” For soap and water increases dryness. Dryness brings the tiny fine lines that become wrinkles. The Marie Earle prepara- tions necessary for a basic treatment are listed below: Essential Cream—$1.90, $3.50, $5.75 Emulsion de Concombres, $2.90, $5.50 Eau Autirides (soothing and refreshing lotion)—$1.00, $1.75 Elixir Bleach (lotion)—$4.00 Face Powder—$1.75, $3.25 Cosmetics Shop—Street Floor Twenty New Styles in Sorosis Footwear Pumps and Oxfords for Every Occasion of the Fall Sea- son — Very Specially Priced! Suede— Calf— $7 : ph'ir A feature line of Sorosis Fall footwear—pre- senting a choice of twenty new styles, clever new Fall ideas in line, trimming and combination —and the Sorosis fine workmanship that is noted throughout the country—at the very tempting low price of $7.50 the pair. Certainly you need no urging to take advantage of this opportunity—to buy all your Fall footwear now! All the new Fall shades! All the new heel types! Sizes 2Y3 to 9—Width AAA to C! Sorosis Shoe Shop—Street Floor Patent Leather— Satin—