Evening Star Newspaper, September 5, 1927, Page 15

F - SUMMER RESORTS - HAVEGOOD SEASON Bad Weather Failed Seriously to Hamper Play of the American Public. BY J. C. ROYLE. Special Dispatch to The Star NEW YORK, September §—Sum- mer will be officially over on Tuesday 80 far as the Summer resorts are ¢ cerned. Hotel proprietors at beaches, mountains, lakes and forests the great majority of their to the cities on the - day or soon there- . whether the weather is 100 in the shade or 40 in the drizzle, This means that the railroads and high- ways will be called on to carry the last and largest rush of the season in the next few days With the season practically over the resort keepers are balancing their accounts. They have complained bit- terly over the late Spring, the cold Summer and the rainstorms that have prevailed in many sections. But, all the majority of them have hey had an average year. weather did hurt the trs those with concessions or who to the needs of the one-day trippers But the hotels did as big or bigger business than usual, and the more ex- sensive and pretentious cottagi oA e eadt s as usual and at higher ssenger Travel Smaller. Railroad men ¢ their passen gor business was not up to expecta fions, but hundreds of thousands vis {ted the great scenic cent of Amer: fca and the national parks had a re- m: able visitation. The volume of automobile traffic perhaps suffered a ttle from wet weather, but the vo of e hted car nullified the effect of the weather to no sm: all degree Hun: dreds of thousands motored to Canada, and to the resorts of each section. "\mericans have learned to play and they played this Summer despite the weather. People rented cottages hoping for od weather, but deter- mined to make the best of conditions. More 1 the usual number went out of the cities for their vacations in the same spirit. The thought that it might he was enough to start them off. Proof of this is the level of real estate Values prevalent today in all the resort nsoceanic travel was unusually heavy, even without taking into ac count the pilgrimage of the American Tegion. The steamship companies got them across in fairly good shape They had money when they started and could wait a boat or two. But the shipping corporations have a rush | hour problem waiting for them in| getting them home again, tired and | many of them broke. Want to Travel at Same Time. “The tourist who finds that for| some sailing dates he cannot even secure a berth in the crow's nest, said L. B. Sanderson, jr., one of the| *hipping agents for the Royal Mail | Lines, “Is apt to wonder why we do not immediately put on more ships.| We are facing the same difficulty as| the New York subways. Every one wants to go and come at the same time. | “But when the total traffic is spread{ out over the year it is astonishingly thin. Last vear, for example, the boats first-class passenger out of York had an average | of only 120 passengers per voyage. bin passengers averaged only second class 65 and which is supposeg to caused great traffic increases by fe s people cheap tr portation, . These figure for all dines. If traffic could spread over the year it would be pos-| sihle to give better ‘service and re- duced ra Asan the sult of the Yellowstone rush, | progress of that park will call for expenditure of $5,000,000 in the next five years. The park has 360 miles of road. California tourist business has been benefited 32 per cent by completion of the Vict Highway across Nevada. il Wall Street Briefs NEW YORK, September 5 (#).— The financial district virtually was de- serted today for the observance of Yabor day. The New York Stock J: change, the curb market, cotton e; change and all other securities and commodities markets are closed. The banks also are not open, as it is a legal holiday. Wyoming never had good crops as this Colorado and Mon- president of Farmers in such generally vear, like tana, says in | College. INANCIAL? THE TIMID SOUL. SA-AY, How LONG You BEEM orRwIn' THAT CAR ? THINKIN OF BUYIN' ONE OF THESE HERE CARS. How YA LIKE 'Em? THE WHY-UH- ER - I'VE THREE YEARS,YES, SIR, TJUST ABQUT ) EVENING STAR, WASHINGTON. D. (‘., MONDAY, SEPTEMBER 5, Zlgfl1 BY WEBSTER. THREE Publnbing Co. (New York Worid) 1927 =¢ LLQG'XQ/ CATHOLIC CHARITIES PARLEY IS OPENED Dr. John A. Ryan to Address Meeting Tonight—Health Prob- lems Are Discussed. By the Associated Press. LOS ANGELES, September 5. Health problems, including methods | of helping the physically handicapped | child, today held attention of sands of delegates to the thirteenth national conference of Catholic charities at the opening of the busi- ns of the five-day ersons in attend clves to religious by, the solemn . the 40,000 nce devoted them ceremonies, featured pontificial benediction of the blessed sacrament on the campus of Loyola van bishops and arch participated. John A. Ryan of the Catholic Washington, D, C., and Fitzpatrick, dean of chool of Marquette University, Milwaukee, are principal speakers on tonight's program. AMERICAN BEAUTIES HASTEN TO PAGEANT Reception Tomorrow Will Officially Open Annual Competition at Atlantic City. bighops Dr. Universit, N By the Associated Press. , September were converging upon this ci to compete for the honor of being the iss America. ption to the reigning qu Yy, Miss Smallwood, petite the Denver | who rece three States groatest whes exceed the p 000 hus Land Pan tour o na_will ha rop in its history a4 by crops will e Mon stic,” T are D being seede indieations polnt 1o o collections on mortgage loans year.” occupicd to crop, cellent this and al € t sut & Elec ntial in- rnings Binz. had op- | sme of | Subsidiaries of Gene n repe a7 3 t & Powe Wi other 1in of 16 per over New Jersey Power | , an increase of | 39 per cent. Examination of the national debt situation of European nations in 1926 reveals Poland as having the smallest per eapita national debt of $12.30, says the American-Polish Chamber of Commerce. The United Kingdom had S Déf capita debt of $831.40, the high- est fn Europe. Germany wae #econd with $514 and France ehird with $426. are based on the par valuéo? 1! cufrency. The growing Importance of South America as an ex market for American.made automobiles and mod- tor fmucks is reflected in the increased « hy Colombia alone in 1926, years this business has ins £18 pHF cent, says @ review m Kinnicutt & €9, Virtually manufacturers r Tor of any impor- crican cars. FIBER CROP NOT SELLING. The state of Yucatan has informed iness men that the government 1 sefzo and operate plantations and industries which closé #Without the cons: semt of the %o nions during thé economin depresefon caused by in- ability t6 se] 1;- nmxmlu.;flbfifl Mpal erop, Hen: Tlers, o el as ol bmflna‘fi men, ar g it diffioult to meet obl foreign ynde &m‘:\ n the exception thay foolstnfta, CZECH SENDS SLIPPERS. key may have the repu- & the home of the com-| Turkish _slippers, Czecho far this year has sold almost twice as Turkey. Some way American sent over only tande to alovakia Unele Sam pairs as has pairs found feet, while Turkey 63,014 pairs. their to | the A | practically Okla., tomorrow will offi annual three-day Smallwood won the title last y The series of eliminations will s ursday, w a bathers' revue three girls from each of the five gpo \phical divisions will be selected to the semi-finals on Friday. tition will then be narrowed down to two semi-finalists, from whom the judges by sec allot will select the winner. A group of artists will serve as judges. The pageant will close Saturday nigh Go to Pageant Tonight. Miss Gladys Cookman, unde; sobriquet of “Miss Washington leave the Capital shortly afte t tonight for Philadelphia, where with four other heauties who been =ojourning in Washington several d will hoard the “Beauty Speclal,” a train made up for the exclusive conveyar.oe « all the a~phwn\! for the stown of “Miss ‘mntic City, scene of nmn! beauty pageant Leawing here at 1 o'clock morning, Miss Washingtol attle, Miss Denver, Miss Sy Miss Miaml, in company chaperons, Mrs. F' Washington, Mrs, Rob of Seattle, Mrs. A. K b will mid- tomorrow Kk 5 t W. Bender Stone of Den- hours before the leaves for Atlantic City. Miss Cnokman is % Cookman, 214 Kentucky enwt. WHEELER IS IMPROVING, Special” avenue sotf HIS PHYSICIAN REPORTS] J X-Rey Exsmination to Ba Made Today to Determine if Opera- tion Will Be Necessary. By the Associated Press TLE CREI The conditio general oo 1loon from iysician, D meed tod ¢ better, howev v when he was sanitarium, Dr. Verity unchanged night. his er ann condition” is slight { than it was Sat brought to the said An X examination today | pected determine if surg methods will be necessary to rel Mr. Wheeler's kidney ailment It any quick change comes in his patient’s condition, Dr. Verity said it will be for the hetter and u change for the worse in remote, last is ex- thou- | conven- | tart | the- the daughter of | Commodity News CHICAGO, September Pork still leading other packing house products in activity. Fresh | pork is reported in excellent demand at stronger prices, while smoked | meats are moving in good volume at prices, Dressed beef is sluggish and lamb has been a little slow. WINNIPEG heat yleld of 15.6 s to the acre, and oats yield of bushels and a barley vield of st for the prairie prov- nitoba, Saskatchewan and a an official crop estimate | y the Dominion B u of i The forecast predicts a | of 334,816.000 bushels of 2,141,000 bushels of cats and 5 (Special).— ATLANTA.—Georgla_peach grow- ers have succeeded in having embargo vestrictions on the fruit removed by and are negotiating for en- argement of selling territory to in- clude the dominion in 1928. YOUNGSTOWN.—Sheet steel pro- ducers continue to predict that the appearance of the new Ford will mark the resumption of ordering of shee! Many automobile manufacturer lding up orders until they can ap- the market in the light of the new competitor, the steel men believe. e MANY ATTEND LEGION SESSION OF VIRGINIA Alexandria to Invite State Depart- ment to Hold Next Year's Convention There. Special Dispatch to The Star. EWS, V. T Department opened its of the annual 5 & ican Legion ntion here today, with attendance. Sessions, which include many entertainment features, will be continued tomorrow and Wednesday Alexandria Post, No. 24, has one of | the strongest representations in at- tendance, many and )vH)vfl/H\ f their coming v besides the re . Auxiliary represented. the Legion to meet | WINCHESTER, V Sixty-one teachers have been ployed to Instruct Winchester childr during the coming session of the city scho iting under the John Handley Foundation, which open Sep- tember 12, it was announced by Hugh S. Duffey, superintendent. Al are women except nine. A. M. Jarman is nigh school principal, Miss Bessie L. Corkey assistant and Mrs trescu is elementary principal._ ptember 5.— Mnney to Loan Secured by first deed of trust on real estate rmu.m.. intereet and commission. 1 Joseph 1. Weller 430, Wash, L& REAL ESTATE LOANS 52 % FRED T. NESBIT 1010 Vermont Ave. Main 9392 ‘rus! TR First Mortdage Securities —meet all requxre- ments for a conserv- ative, remunerative and a safe medium of investment. . Assured Annual Return Mortgage Investment Dept [SHANNON_& LUCHY)] 1435 K Street N.IV. Main 2315 AEARERRARERRRPRENRERE R ] are | ptember large | em- | ovid 8. | U. S. NAVY OFFICER LOSES LEASE RIGHTS Lieut, Comdr. Baker Ordered to Vacate 0ld Spanish Fortress Occupied for 10 Years. By the Associated Press, SAN JU - Porto Rico, Comdr. retired, must vac fortress at San which he has occupied for 10 vears, and for which he holds a 999-year lease from Navy Department. A notification from the courts some | 1vs ago to cate did not move | Comdr. Baker. This was followed by the issuance of a writ of po: fon, and Baker is expected to withdraw this week. Last November Chief Justice Del| o, in_the Supreme Court of 0, ruled in a suit brought by the | overnment to cancel the lease, that had been obtained through fraud \d misrepresentation. Papers for an | appeal to the First Circuit Court of | \m)r‘nh in Boston are being prepared Jaker has continued his oc-| despite the adverse decision, ident Coolidze recently issued an executive order transferring the whole of the San Geronimo Resery tion, of which Baker held about from the vy but no reference w vending litigation over Baker's Septem- put. Geronimo le | the | lease When You Need a Loan Think of Welch, Realtor LOAN SPECIALIST Money to Loan At 5109, & 69, Interest Before Placing or Renewing Your 1st or 24 Trust Organized 1814 Practical Advantages —afforded by broad- gauge service, are not the only benefits de- rived from banking at “The Metropolitan.” {Tdentification with the OLDEST National Bank in the District of Columbia also gives you added business prestige. “We'll be glad to serve YOou. 3% on Savings National Metropolitan 113 Bank \le Years Old | the products of T: INTEREST CENTERS ON TREASURY PLAN Conditions of Cotton, Wheat and Corn to Be Revealed in U. S. Reports This Week. BY CHARLES F. SPEARE. Special Dispatch to The Star, NEW YORK, September 5.—With the stock exchanges and commercial markets of the countrv observing the Labor day holiday §today, interest was centered on the ‘developments of the week that are expected to have a decided bearing on stoc bonds, cot- ton and grain for the remainder of the yea The first and most important of these will be the announcement tomor- row of the program of the U. 8. Treas- ury in regard to the retirement of the outstanding $1,200,000,000 Second Lib. erty 414 per cent bonds. As the 3% per cent Government issue closed on Saturday at a substantial premium over the subscription price of 10013, it is expected that Secretary Mellon will offer holders the opportunity to take a short note on between a 314 and 314 per cent basis. The condition of cotton, wheat and corn on September 1 will be revealed in the Government crop reports due during the week. The preliminary es- timates do not offe emuch encourag ment for those who had hoped to see an inc e in the eld of cotton in August after the serious damage done in July. Prices have to a large ex- tent discounted a shrinkage in tho vield dur the month. ‘lhere will also be a smaller Spring wheat con- dition figure than a month ago, due to the ravages of black On the other hand {he indications point to some gain in corn inspite of gencrally cool weather over the corn belt. Another of the forthcoming trade in- is that of the unfilled tonnage of the United States Steel Cor- poration. August was a dull month in the steel industry. The expectation is that the tonnage record will verify this fact {n showing a small decrease. TOBACCO TRADE SLOWER. BALTIMORE, September 5 cial).—Both dipts and Maryland leaf tobacco last week show- ed declines from the previous weel eing 2,447 hogsheads and 2,229 h heads, respectively, leaving a stock in the te tobacco warehouses of 18,326 hogsheads. Demand continues good for practically all grades and prices are holding firm at the follow- ing quotations, per 100 pounds ferior, 5.00a8.00; frosted, 3.00a4.00; sound common and greenish, 9.0 16.00; good common, 1 medium, 31.00240.00; good to fine red, 41.00a 5.00; seconds, com mon to mediurn 234.00; seconds, good to fine, 25.00a45.00; upper coun- try, air cured, 3.00a25.00; leaves, nominal. (Spe- sales of EXPORTS TO0 TANIGERS. ngiers find more of her people's the needs met in the products of United States than do Americans in angiers. Uncle Sam bought only 000 in Tangiers last chiefly goatskins and manufactured leather ~goods. This country Tangiers about 91 per cent of $4,860,000 import supplying country for gasoline, lubricating leaf oils, tobacco, lesser amounts flou cigarettes and and_automobile: “rompt Action First Mortgage Loans J.owest Rates of Interest and Commissiy Thomas J. Fisher & Company, lnc.l Mortgage Money Loaned at Low Interest Rates Feonomic_ Conditions Tyler & Rutherford Loan Correspondent Mutual Benefit Life 1520 K Street ~ Main 475 In-| .00230.00; ground | worth of goods ar and these were sold her being the principal kerosena and fuel and gas oils, and sending in manufactured tobacco Price Index The following table shows the aver- age movement from week to week (1) of the wholesale prices of 200 rep- resentative commodities (from Dun's Review) and (2) of the purchasing power of the dollar: Index No. ot Drices in per cent of pre- ower. of i 63 o4 61 Firat " anarter.: Avril average. May. average. . T “average liarterly averigs TV averaga Auguat aver Sepiember— First week Foreign Weekly Index. Crump's (London Financial Time index number for England: Date— Average Average t Fourth week ary First week 23 FREIGHT RATES CUT. Freight rat panied by passengers have been cu 40 per cent by pany operating a fa cific Coast between Seattle and Diego. The reduction is especiall a one-way tour of the coast, retur ing by steamer. FINANCIADS FARMERS USE BANK. Baltimore Land Bank Reports Loans Are Expanding Greatly. Special Dispatch to The Star. BALTIMORE, September 5.—Since the establishment of the Federal Land Bank of Baltimore in 1917 the amount Buck & Company BROKERS Established 1916 Stocks Bonds Grain Cotton Purchasing the dol- Index No. of Drices in per cent SATTLE, September 5 (Special).- on automobiles accom- the steamship com- t line on the Pa ceptable to tourists who wish to make Frite or call for weekly mar of loans outstanding has expanded by ket letter regular intervals from $300,900 in that year to $64,835,959 on July 31 this ar. he manner in which farmers have | made increasing use of the fac 210t the local bank year by v 4|shown by the following comparison 8 | of loans ourumnmn-; at two-year inter- No Obligations BUCK AND COMPANY Evans Bldg. 1420 New York Ave. Franklin 7300 il last” 10 years: i 924 S 0 ’H. 6 The district served by the Federal | .and Bank of Baltimore comprises | | Maryland, Pennsylvan Delaware, | Virginia, West Virginia, District Columbia_and Porto Rico, where 4 | branch office is maintained. July G. M.-P. MURPHY & CO. Members New York Stock Exchange Successors to JOHN L. EDWARDS & COMPANY PRICES ON PARIS BE)-UR.SE. PARIS, September 5 (#).—Prices | were quiet on the RBourse today. | Three per cent rentes, 58 francs; ex- ||| change on London, 124 francs 2 cen- | times; 5 per cent loan, 77 francs 10 | centimes. The dollar was quoted at | 35 francs 511 centimes, | STYLES IN OVERALLS. Chile likes American overalls, but | prefers the two-piece and union suit styles to the trousers with bib and shoulder straps popular in this country. The United States supplies | the demand for high-grade denim, | while ive products meet the eater demand for low-priced goods, ! OFFICES FOR RENT SAUL BUILDING 925 15th St. N.W. A few desirable offices this modern_office building. the heart of the financial estate district. Convenient to ment_Departments and_all-day The location and type of building make it especially desirable to— LAWYERS BUILDERS ACCOUNTANTS INSURANCE BROKERS All Outside lex‘llmnml . i per month for reception room: also suites available. s) A copy of our Fortnightly Review sent on request 1416 H Street Northwest 52 Broadway, New York Richmond, Va. 6129, First Deed of Trust Notes for Sale Secured by Improved Real Estate in the District of Columbia available in wituated in Principal and Interest GUARANTEED REAL ESTATE MORTGAGE & GUARANTY CORPORATION Main 1403 26 Jackson Place it | rivate n- Targer FIRST DEED OF TRUST NOTES On Hand Bearing 615 Per Cent and 7 Per Cent Interest In Amounts of $250.00 Up See WELCH, Realtor 15th st. and \AW York Ave. Eatnbiianed 1600, No loss to an Investor in 27 years. B. F. SAUL CO. Main 2100 925 15th St. N.W. Resources Over $4,000,000 L. E. Breuninger, President Equitahle Co-0perative Suiiding Assn. JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary Organized 1879 4ith YEAR COMPLETED ,228,031.94 Surplus .$1,469,905.78 Subscriptions for the 93rd Issue of Stock Being Received Assets We Buy and Sell ‘Liberty Bonds Treasury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street TART AVING YSTEMATICALLY Join the Equltable and deposit a gmall portion of your salary regu- larly. It will in time grow to a substantial sum. Start now and stick to it. Join Today! 915 F ST. APPLICATIONS INVITED for LOANS on The New York Life Insurance Company Offers First Mort On Improved Real Estate and Nearby Suburbs to Make gage Loans in the District of Colun.bia in Montgomery County, Md,, for 3, 5 or 10 year terms on your Apartment Home 5129 . Office Building usiness Property Apply RANDALL H. Hagner &. COMPANY Incorporated MORTGAGE LOAN CORRESPONDENT 1321 Connecticut Ave. Telephone Main 9700 Consult Us —for safe investment of your surplus funds. Look to the future by investing NOW. Wm. H. Saunders Co., Inc. Founded 1887 We have speciallzed in the sale 1433 K St. N.W. of much securities for 40 years. Main 1016 1000000000000 0000000000000000 LET US YOUR FINANCE HOME LOANS To Run No Annu S Years al Curtail 51,9, Interest Old Capital, Surplus & Undivided Profits, Over §2,000,000.00 15th St. Opp. U.S.Treasury WM. H. SAUNDERS CO., Inc. Main 1016 1433K IMPROVED PROPERTY Located in the District of Columbia and adjacent Suburbs in Montgom- ery and Prince Georges Counties, Md. 51 2 J/0 INTEREST Apply to H. L. RUST COMPANY LOAN CORRESPONDENT Ghe PRUDENTIAL INSURANCE COMPANY of AMERICA 1001 15th Street N.W. Main 6888 THE ACID TEST FOR INVESTMENTS searches them first for safety, second for earning power. These are the essentials. You will find both in our 6% FIRST MORTGAGES ver a Third of a Century They may be counted on to hold vour investment funds safe and out of reach of all risk, while at the same time your interest earn- ings Without a Loss are paid regularly when B F. SAUL. GON Main 2100 925 15th St. N.W. THERE IS NO SUBSTITUTE FOR SAFETY