Evening Star Newspaper, January 31, 1929, Page 13

FINA UTILITIES ADVANCE NCIAL. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Ofiice Following.ds a list of stocks and bonds oday: UN wRB BUN ' |NUES :rlderl in on the New York Curb Market ' S. 5 igh, Low. Noon. Various Issues Score Further Gains—Plane Stocks Also Prominent. BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. NEW YORK, January 31.—While speculative enthusiasm on the Stock Ex- change shifted today to the railway group, the public utilities held leader- ship in the curb market operations. The demand for certain issues in this classification was even more urgent than it had been earlier in the week. | American Gas & Electric extended its 16-point gain of Wednesday 8| points further at 173. Southeastern Power warrants were taken in large blocks at new high prices, Associated Gas & Electric was bid up sharply to its best, while the warrants moved for- ward sympathetically. Such issues as United Light & Power class “A,” American Light & Traction up 10 points at 250, American & For- eign Power warrants and Northeastern Power were in urgent demand, although in some instances the best prices were not maintained in the later trading. The airplane issues gave a good ac- count of themselves, Boeing Air & ‘Transport assumed leadership and around 99 was at a new peak and up some 10 points. Aviation Corporation of America was selling close to its best, up some 3 points. Checker Cab Manufacturing fur- nished one of the most spectacular movements among specialties, making a new high above 83, compared with the previous final of 783,. Earnings pres- ent and prospective provided the incen- tive for the demand, and it was evident that recent buying had materially re- duced the floating supply. Goldman, Sachs Trading established its customary daily high record when it crossed 130. ‘Trans-Lux Daylight Picture Screen was responding to re- ports of plans for expansion of its busi- ness. NEW MONEY TO AID LEATHER INDUSTRY Pocketboow Styles Will Be Altered to Conform With Bill Sizes, BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, January 31.—A flcod of novel “and ingenious pocketbooks and billfolds for men is scheduled to appear July 1. This trend has been made nec- essary or. advisable by the adoption of the new and smaller sized paper money ‘which will take the place of the present currency on that date. The new money will be three-eights of an inch narrower and I inch shorter than the present standard size, and this is already having its effect on those en- gaged in the leather pocketbook indus- try. This industry has been growing steadily for several years until now its output is valued at more than $50,000,- oL ks Wil the i ai o wi squashy, bulk: 4012 purse serve-to carry the individual b-n{ ’3" t Pub Ser A 2% roll. - The average American has his AR S packets too full for that. The new 3 Nat Trade Journ: 31 Eock&bonu are coming, but since the| . -iNiagara Shaces . 4 ilifolds must for a time carry both the | o) Nicnols & Sh tH 2’&‘.‘;" ne‘w c?oney. l{l}:nurnmfi-en mz B ’l:gmulacA o an; e overal 3 o the ?nee les. It may take nmy::n WS Ron Am Dul i for the old bills to be recalled and Nor Sta P A new sizes to be issued for the various SN & g;ommflon&. ranging from $1 to $10,- 200l Btoe 4 1Pac G This situation is being met by 23 Param equipping each billfold with a divider| 4 BO.F in the section for mm money. In the 2 Penn lower-priced books takes the form T of a tongue or stiff card marked “Old size’ "on one side and “New size” on the other. Better grades have a leather sewn in. The slow change to the new bills will prove a blessing for the small leather goods manufacturers md fleue?.x&:wfll uuuwl::nlelmw get present s off their ids with- ml;“ e:nhrrmn ment. tha next Summer trade will be treated to some additional novelties. A glut effort is being made to produce a ilifold which will appeal to women as well as men, since many women carry them and women buy nearly as many rocketboon for men as men buy for hemselves. ‘The designers have a leather pocket- book in which the small bills are folded in one half of a twofold book, with the ends concealed, so that no person can see how much money is being carried, although each bill can be readily re. moved by the motion of a finger, other design is so shaped that when the fold is opened the bills expose theme selves at one end, each projecting a lit- tle from its mates, so that it can be **Thie main change i change indicated, however, is the abandonment of the old three- fold book and substitution of the two- fold carrier. These may open either at the side or at the end. It is predicted also that a man will distribute the things he carries in his pockets among two or three leather cases instead of ing money, cards, stamps, letters cramm! ;nldd other papers into one bulging bill- old. Public Utilities Special Dispatch to The Star. i NEW YORK, January 31.— Pacific Gas & Electric will rebuild its 85,000~ horsepower steam plant in San Fran- cisco into a 300,000-horsepower plant at & cost of $11,000,000. The first unit will be finished early in 1930. Details of the $22,000,000 construction budget for 1929, just approved for the electric department of Public Service Electric & Gas Co., include $4,276,000 for interconnection purposes. ‘The greater portion of this appropriation will be used on the so-called “Southern leg,” which will tie in the Public Serv- ice and Pennsylvania Power & Light Electric Co. Institute Plans Innovation. Instead of the usual dinner in con- nection with the forum meetings of ‘Washington Chapter, A. I. B, the com- mittee has decided to try out an in- novation in the way of a buffet supper following the address and discussion on February 6 at the Raleigh Hotel. The meeting will open at 8 o'clock and be addressed by Underscretary Ogden L. Mills of the Treasury, who will speak on “Federal Financing.” As the subject is one of great interest to every banker, it is expected that this second meeting of the season will draw a record at- tendance. 1. J. Roberts, past president of the Institute, is chairman of the forum com- mittee and the other members are H. W. Burnside, F. H. Cox, Esther R. Lau and T. Hunton Leith. & . s British Discount Rate. systems with that of the Philadelphia | o Sales in d: Gas 36 Amer Roll Mill 3 Amer Sol & Chem 15 Amer States Sec A 1Bahia Corp pfd . 1Bellanca” Alre vie 55 39 Boeing A & o 4 Doehler Die C.C.. 25 Doehler Die C C. 58 Douglas 6 Dresser 7 Durant M 1 East States Aircraft Mfg A it Pow B i 1 & L optl war.. 4 2 Elec Shovel C pt pfd 3 39.Em Fow Cor......... B 9 Eng Pub Srv opt Wi all Lamo... 2 Hall _Printing. 1Happin C St 5Hart Parr.. 3 Haygart Corp. & Hiram Walk G & W. 5 Hormel G. Co xd... 3% 8% 78 1 8% 50% 4% h 9 3 L] 1 1 3 28ec Gen Am Inv. 38 Selected Indus Inc 3 Select Ind Inc pfd 4 Belfr Prov Stores. 3 Ser te. i 4 36 8 Ya 5 Spanish 1 Sparks Withing 2 Stand Mot . 10 Stand Pow 3 Stinnes Hugo 4 Stroock Co, 3 Stutz Mot & Swift Intl 5 Trans Am ... i 6 Transcon Alr Trsp. .. 2! 58 Trans Lux DL P S 'A 12 14 Triplex Safe Glass Lt 28 18 Tri Cont Corp....... 9 Tri Cont Corp pfd_.. 106 4 Union Amer Investing 71 G Can...... 36% 3 51, e 45% 60 59 2 6 Zonite : les MINING STOCKS. hundreds. 220 A Con 80 Cons Ney Utah . 10 Cortez Silver . 13 Cresson Con 82 Ohio_Co 30 Red Warrior .. 0 1] .21 14 Roan_Antelope’ Cop. 130 San Toy .. 13 12 Shattuck Denn 108t Authony Gold 2Teck Hughes 12 Ulah_ Apex 26 Wendon Cop INDEPENDENT OIL STOCKS. NEW YORK, January 31 (#).—Spec- | MU¢7E0s: o .61 ulative Wall Street was relieved today 5 Am Mara 61 when the Bank of England made no| }2Barnsd cash Hi change in its rediscount rate. Such 3 Cit Berv p 9% action was feared as a means of check- 1Cit Serv B pfd 9 ing the flow of gold to New York.| i &lt Sexv % The Brriltl\sh blnk'lsu Leéerve r‘;tm.lgow- 34 Solon"oll % ever, fell away sl y, and made a reole Pete higher rediscount rate more likely in F b adnne e coming weeks. A higher rate at Lon- 3 Homaokla_Oil T 4% don would attract credit from New 3 n Guif 0% York and reduceé the amount available g for tive purposes, s % 185 193 41 427 THE EVENING 45 Mo Kansus Pipe Line 25% 10 Mo Kans Pipe L spd. 24 113 17 Woodley Pet | Sales STANDARD OIL_ISSUES AND FOR- in hundred. MER SUBSIDIARI 100 Anglo_ Am Ol 100 A 1000 Contl Oil 200 Humbl 9 200 Imp O 95 400 Inter Pet Lid 8% 1800 Penn 4214 200 Bouth_Penn 63% 10900 8" O Ind 95 100§ O Kansas 18% 15008 O Ky n 407y 2400 Vacuum Ot 118% Sales in BONDS. thousands 32 Abitibl P&P s A '53 87'4 Ala Pow 4121 et 0 7 Cent s 30 41" 41 1Cent States El 1383, 13674 1369, 2Cent Sta EI pfd.. . 119 116 119 4 Cent Sta El conv pfd 115 114 114 1C G Spring & Bump. 13% 13's 13% 1Chain Stores Stocks.. 40!z 397 40 113 Check Crb Mfg. A3; RO 821 3 Columbus El Pow .. 69% 68 69% 10 Cons Auto Mer vtc.. 13 ° 14% 147 4Cons Auto Mer pfd... 37%a 37 = 37'a 14 Consol 2 18 Consol 5 38% 1:2" 146% 115 * 118 80! it 48% 504 u"- 4% 3; 3! a 453, 50%4 20 221 .61 18 : 901 97ih : 2 i 258 1714 i 0% . 1 i 1 A 2 2 4ci 2Git 0 3Ci 9 96 21 1Cl Term Bldg 65 '41.. 07~ 97 97 8Col Riv L B 6':s '$3 97 ~ 93%a 97 4 Commonw E 41.8 D '57 98%% 94be 984 1Cons Tex 8s '41..... 94 = 94 94 ont' 4s,; 5 5 Cudahy Stys ' 98% 98% 98% 1Det City G 6s ‘A '47.. 10812 10512 10513 2Det City G 85 B 50.. 100% 1004 100% 1 94 947 5 81" 87 5 5 3" 98 7 1 1 4 5 3 i 6; 4 [ w 53 98 , 5Guardian Inv '5s '48.) 97 07 ' 97 4 Gulf Oll Pa 5s '37.... 100% 100 100% 9 Gulf Oil Pa 55 '47. 100% 1003 100% 7Ind Ol & Gas 6s '38. 106 ~ 105%5 106 7 Indianap PAL 55 A '57 9015 993, 9914 21Int’l Pow Sec 7s B '37 95 9411 941 8Int'l Sec Amer 5s '47. 91 9034 91 1042 6 '67 52 B Wn OIl 98 4 Penn P&L 5s B '52..101'% 8Phila E P 5135 "12... 1083 1Pow Cor 797! ire: i 3 Buenos_Aires 4710224 1 Cuban Tel 7%s A '41. 110% 5 Erocle MrEIM{g6Y2s'53 977 3 Estonia 13 ‘67, 86% s Thas, 3 issued. n—New. Ww—With warrants. CHICAGO LIVE STOCK MARKET CHICAGO, January 31 (#).—United States Department of Agriculture.— » | Hogs—Receipts, 55,000 head; mostly 10 a15 lower; top, 9.70 paid for load 190 to 200 pound weights; largely an 9.35a9.60 market on desirable 160 to 300 pound butchers; medium to choice 250 to 300 gmmdx, 9.20a9.35; 200 to 250 y .20a9.70; 160 to 200 pounds, 9.20a9.70; 130 to 160 pounds, 8.40a9.65; pat sows, 8.40a8.50; pigs, medium to choice, 90 to 130 pounds, 7.25a8.75. Cattle—Receipts, 8,000 head; calves, receipts, 3,000 head; generally steady trade on most killing classes; light steers and yearlings slight more active; s | weighty steers still very slow at recent 50a1.00 decline; talk around 14.00; choice offerings absent; slaughter classes, steers, good and choice, 1,300~ 1,500 pounds, 12.25a15.25; -1,100-1,300 pounds, 12.25a15.25; .950-1,100 pounds, 12.75a15.50; common and medium, 850 pounds up, 9.00a12.75; fed yearlings, good and choice, 750a950 pounds, 12.75 a15.50; heifers, good and choice, 850 pounds down, 11.00a13.25; common and medium,8.00 a11.00. Cows, good and choice, 8.50a10.50; common and medium, 7.00a8.50; low cutter and cutter, 6.00a7.00; bulls, and choice (beef), 9.75a11.25; cutter to medium, 8.00210.00; vealers (milk fed), ood and choice, 13.50a16.50; medium, 3.00a13.50; cull and common, 9.00a 13.00; stocker and feeder steers, good and choice (all weights), 10.50a11.75; common and medium, 8.25a10.50. Sheep—Receipts, 14,000 head; early sales and blds steady; some held higher; bulk fat lambs, 16.25a16.7! best held above 17.00.; sheep stead: feeding lambs steady at 15.00a15.50. Lambs, and choice, 92 pounds down, 16.00a17.10; medium, 14.75a16.00; cull and common, 11.00a14.75. Ewes, medium to choice, 150 pounds down, 8.00a10.25; cull and common, 4.00a8.50. Fee‘der lambs, good and choice, 14.50a 15.85. SILVER QUOTATIONS. NEW YORK, January 31 (#).—Bar silver, 56%; Mexican dollars, 4 i e v Merger Plans Discussed. NEW YORK, January 31 (#).—Ne- 7 2 | gotiations to merge Bessemer Gas En- | gine Co. of Grove City, Pa., and C. G. Cooper Co. of Hamilton and Mount { ernon, Ohilo, producers of gas and oil angtnes, were reported under way to- ay. Bessemer stockholders are said to have agreed to the consolidation tenta- tively, An offer has been made to pur- chase their holdings outright or for an exchange of stock in the proposed new company. | In the recent election for the Old Camnock parish council in Scotland, Fmrys Hughes and his wife were both candidates and received exactly the same number of votes—531. They also are th> first husband and wife to be elected members of a parish council at the same time and both will serve. Mrs. Hughes is the only daughter of the late Keir Hardie and with her husband is living in the house in which Keir Har- die started 40 years ago the work which made him famous. Death Preferable to Widowhood. For the Hindu woman no disaster is greater than the loss of her husband. Years ago she was carried in pomp to his pyre and burned to death as his body was cremated. As horrible as this death was, many women followed their husband’s body in this manner willing- ly. The widow has little or no stand- ing, and those of the lower walks of life are often consigned to a life of fioveny. dependent upon charity. Even she is not compelled to beg, life has nothing to offer, F. B. Keech & Co., members of the New York Stock Exchange, announce opening of an office at Palm Beach, %2 | eastern part of A STAR. WASHINGTON, COTTON PRICES FIRM IN EARLY TRADING Covering and Trade Buying Re- sult in Steady Market Tone. By the Associated Press. NEW YORK, January 31.—The cot- ton market opened steady at an ad- vance of 1 to 4 points in response to the steadier showing of Liverpool and for Egyptian cotton at Alexandria. There was covering and a little trade buying, but it was supplied at about the opening quotations and the market was quiet at the end of the first half hour, with May selling around 19.70 and new October, 19.03, or about I point under to 2 points over yesterday's closing quotations. Private cables said there had been continental buying, trade calling and covering in the'Liverpool market, but reported less active demand for cotton yarns and cloths, with a moderate turn- over, WHEAT IS HIGHER ON INITIAL SALES Reports of Low Temperatures in West Have Bullish Effect. By the Associated Press. CHICAGO, January 31.—Reports of 15 degrees below zero temperatures in Nebraska and no snow hoisted wheat values early today. Severe cold in Kan- sas was likewise noted, and buying of wheat future deliveries was on a broad scale, especially on the part of foreign- ers and the Northwest. ~Starting 3 to 1% up the wheat market afterward held near to the initial range. Corn, oats and provisions also were stronger, with corn opening at Y4 to 1 cent advance, but later reacting somewhat. Nebraska wheat crop reports, sum- marized as “very bad” from all over the State, went hand in hand today with a rush of wheat buying here and with word of a new cold wave sweeping the West, forcing in some places the mercury down to 15 below. Missouri messages told of the most vicious cold yet for the month, snow disappeared and ground covered with ice. Meanwhile Liverpool wheat quotations were higher than looked for and official predictions in- dicated a severe drop in temperatures tonight in Illinois and Indiana. Rain reports from Argentina tended at times today to neutralize in the corn 43 (market here the effect of wheat price upturns. The moisture in Argentina was reported to be general over all rovinces and beneficial in various sec- ions. Crop damage to corn in north- ntina, however, was reported as beyond repair. CHICAGO DAIRY MARKET. CHICAGO, January 31.(#).—Butter— Migher; receipts, 5,531 tubs; creamery, extras, 48%: standards, 473,&‘: extra firsts, 45%%a46'%; firsts, 41!4‘1‘,% sec- onds, 431524415, Lower; receipts, 11,199 cases; Eggs—] extra firsts, 39a40; firsts, 37a37'5; or- dinary firsts, 32a36. Poultry, alive—Firm; no cars received, prices unchanged. POTATO MARKET DULL. CHICAGO, January 31 (#) (United States Department of Agriculture).— Potatoes—Receipts, 85 cars; on track, 193 cars; total U. S. shipments, 700 cars; trading rather slow, market dull; ‘Wisconsin, sacked round whites, 80a 1.15; Minnesota and North Dakota, sacked round whites, 90a1.00; Idaho, sacked, russets, 1.40a1.60; fancy, shade higher. rallies of several points in the market | D. C., THURSDAY, JANUARY 31, 1929. Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., January 31— Potatoes, white, 100 pounds, 1.00a1.35; sweet potatoes, barrel, 1.50a2.75; bushel, 175a1.65; yams, barrel, 1.50a2.75; beans bushel, 3.50a6.00; beets, 100, 4.00a6.00; Brussels sprouts, quart, 12};al5; cab- bage, hamper, 1.40a1.75; carrots, 100, 4.00a6.00; celery, crate, 1.50a3.50; cu- cumbers, bushel, 5.00a8.00; eggplant, crate, 5.00a8.00; kale, barrel, 1.50a1.75; lettuce, hamper, 75a1.25; onions, 100 pounds, 1.50a5.50; oyster plant, 1 00 0.00; peas, bushel, 2.00a2.50; squash, crate, 4.00a5.50; parsnips, basket 50a 70; savoy cabbage, bushel, 60a90; spin- ach, bushel, 65a1. omatoes, crate, 75 a2.50; turnips, basket, 40a50. 75a1.00; cranberries, Apples, bushel, half barrel, 9.50a10.50; grapefruit, box, 2.2523.50; oranges, box, 2.50a4.50; tan- gerines, If strap, 1.25a2.50; straw- berries, quart, 30a40. Dairy Market. Live poultry—Turkeys, pound, 33a40; old, 25a30; young chickens, 31a38; poor and thin, 20; old hens, 20a29; Leg- horns, 20a27; old roosters, 17al18; ca- pons, 33a38; ducks, 20a30; geese, 18a26; guinea fowls, each, 40a80; pigeons, pair, 30. Dressed pouliry—Turkeys, pound, 30a40; old, 25a30; young chickens, 30a 36; old and mixed, 25a30; old roosters, 18a20; capons, 34a42; ducks, geese, 20a26. Eggs—Receipts, 517 cases; native and nearby firsts, free cases, dozen, 38)a 39: current receipts, 32a36l;. Butter — Good to fancy creamery, pound, 46a50; prints, 50a52; blocks, 49a 51; store packed, 28; dairy prints, 25a 28; rolls, 25a28; process butter, 41242, Hay and Grain Prices. Wheat—No. 2 red Winter, garlicky, spot, 1.36% ; January delivery, 1.363. Corn—No. 2 export, January delivery, 1.08%; No. 2 yellow, domestic, spot, 1.10; cob corn, 5.25a5.50. Oats—No. 2 white, domestic, spot, 62a6212; No. 2 white, domestic, spot, S Rve—Nearby, 1.10a12 ye—Nearby, 1.10a1.20. Hay—Receipts, none. While hay is arriving here in limited quantities only, it is more than ample for the demand which is being supplied, mostly by truck, from nearby points, few carloads being received. There is not enough business passing to establish prices on the vari- ous kinds on merit at a range of 17.00a 19.00 per ton of timothy or clover hay. Straw—No. 1 wheat, 11.00a12.00 per ton; No. 1 oat, 12.00a13.00 per ton. LS R Acquires Match Monopoly. STOCKHOLM, January 31 (#).—The Swedish Match Co. announced acqui- sition of a Rumanian government mo- nopoly for the manufacture and sale of matches against a loan of $30,000,000 which will be used to stabilize the lei. The transaction was concluded in competition with American and Ger- man banking houses. Similar agree- ments have been made with France, Hungary, Poland, Jugoslavia, Esthonia, ll.’.:tvlu Portugal, Greece, Ecuador and U, Orders New Mail C_ln. NEW YORK, January 31 (#).—The Boston & Maine Railroad has ordered 10 new. steel combination baggage and mail cars from the Bradley Car Co., Worcester, Mass, Zi;c Sales Increase. NEW YORK, January 31 (#).—Im- proved buyln% of zinc by both gal- vanizers and brass manufacturers was outstanding in the week’s developments in the non-ferrous metal markets, says Engineering and Mining Journal. For- eign demand for copper is good. Ger- many has resumed its place as the lead- ing buyer of copper. Dividends totaling $77,138,725 will be distributed to policyholders of the Met- ropolitan Life Insurance Co. in 1929, Haley Fiske, president, announced yes- terday. This total was reached with the further declaration of m.su.gm of dividends for ordinary policyholders at the last regular meeting of the directors. | Visit the 2 | AUTOMOBILE SHOW and see the NEW FORD CARS smoothness, speed, long life. i —to give amount of in any part. fyou the most in it It is brought to automobiles. | IMMEDIATE Il Show Rooms Donohoe Motor Co. 215 Pa. Ave. S. E. Handley Motor Co. 3730 Georgia Ave. N. W. Hill & Tibbitts N. W, 301 14th St Come in during the Automobile Show and see just | what this simplicity of design means to you. | On the basis of sound, tested design and all-around i verformance, you will know that the new Ford is an unusual value at a low price. . The Washington Motor Co. 633 Massachusetts Ave. N. W. Simplicity of _design is an outstanding feature of the new Ford. It is one re;son for its quick acceleration, safety, comfort, economy :nii Everything has been done with one thought in mind performancs with the least machinery and without sacrificing quality Such simplicity of design is not easy to attain. Yet as an absolute necessity in a low-priced car. 4 you in the new Ford through typical Ford engineering and manufacturing methods and the experience gained in the making of 15,000,000 DELIVERIES Open Evenings Parkway Motor Co. 1065 Wisconsin Ave. N. W. Steuart Motor Co. 141 12th St. N, E. The Northwest Motor Co. 6720 Wis. Ave., Bethesda Triangle Motor Co. 2 New York Ave. N. W. 25a30; GROUP INSURANCE SHOWS BIG GAINS Volume In;!:ul More Than 50 Per Cent in 1928, Survey Reveals. Actual production records for 1928 of 44 member companies of the Associa- tion of Life Presidents bear out last month’s forecast that the total new life insurance purchased from all United States legal reserve companies during 1928 would reach $18,500,000,000. This is the largest amount of Iifs in- surance ever purthased in any one yea: 6.00 & $6.50....... 8.00 . 10.00 . NOwW Were L5 ey ook 7.00, $8 & $10..... Stein-Bloch’s Included Were ... Dress FINANCIAL being $1,365,000,000, ¢ 8 per cent, over the $17,135,000,000 of 1927, the previous high record. In reaching this new high level all branches of the business, ordinary, in- dustrial and group, showed increases over 1927. Ordinary insurance sales of all companies was $11,990,000,000, as compared with $11,405,000000, a gain of 5.1 per cent. The total of industrial was_$4,505,000,000 as against $4,464.- 000,000, = gain of 2. 9 group total was $1,915,000,000 against $1,266,000,000, a gain of 51.3 per cent. The addition of this total of $18,- 500,000,000 to the sum in force at the tlons for all insurance terminated dur- Ing the year, also sustains last month's estimates that United States legal re- serve companies would have $95,000,- 000,000 of life insurance in force at the end of 1928. Fancy Negligee SHIRTS (Collars Detached) Silk Shirts White Broadcloth $1.85—$2.85—$3.95 Golf Hose N Linen Initialed Handkerchiefs Box of Six Faney Linen Handkerchiefs Each Imported Fancy Silk Mufflers All Winter UNDERWEAR Now 25% Less This is an average of $1.462 for each of the 65,000,000 policy halders, or $787 IN OUR SEMI-ANNUAL 295 395 535 $2.50. $3.00, 3.00 & $3.50 oW REDUCED NOW . $2667 . $30.00 .$33.34 . $36.67 . $40.00 . $4334 Were $70¢. ... $75 . $80 .... $1008. ... . 1258, ... beginning of 1928, after making deduc- | tri Knitted Silks 008 S G5 SO0 1000 & $12.00 ........... 745 Fancy Wool and Lisle Half Hose SRS 2000 TN 3008&$3.50.............. 245 Goatskin and Buckskin Gloves Brocaded, Silk Lined the Ilatter part Beginnin per capita for the entire population of the United States. The volume for the first six of 1928 was slightly in excess of t of the last six months. August was the only month which showed a decrease as compared with 1927. September, showed varying increases, culminating with & production in December which was 17 per cent greater than that of December, 1927. of “If oyr thrift as a nation is to be ! measured by figures, the amount of life | insurance in force must be taken as an indication that the United States is not only one of the most prosperous coun- les in the world but also one of the most thrifty. It is probable that our prosperity is due, to a considerable de- gree, to the fact that so many millions of our people carry life insurance.” ‘The Netherlands exported 214.000,000 pounds of cheese in the past yes UNUSUALLY LOW PRICES CLEARANCE M SALE STARTS FRIDAY (TOMORROW) AT 8 A.M. m Smart Cut-Silk Cravats (Collars Attached & Detached i i Wiere ache e “NGO)“I “'e:“xcellem Choice A"ll.b;)ow $2.50 & $3.00. - $1.00 & $2.00 $ 95 350 & $4.00. ............. 215 el b $3.50 - 635 Pajamas Vests Sweaters and Pullovers Now 25% Less Flannel Bath Robes Now !3 Less Beginning at 8 a. m. Friday OUR REGULAR FALL AND WINTER STOCK OF SUITS & OVERCOATS 33'3% Sports Suits Included ‘ TOPCOATS INCLUDED NOW $46.67 $50.00 $53.34 $60.00 $66.67 $83.34 Clothes Excepted—Alterations at Cost Sidney 14th and G Streets N.W. West (INCORPORATED) . 145 . 195 $1.65 LIS