Evening Star Newspaper, May 22, 1929, Page 16

PARNS REVEWS STOCKEXCHANG Relates Struggle to Form Washington Branch, Now Oldest in Existence. / ‘A historical review of the Washing- ton Stock Exchange, its growth and { steady increase in the cost of seats 'was given by Albjon K. Parris of Crane, | rris & Co. at.a meeting of the| Columbia Historical Society last night at the Cosmos Club. “General attempts were made prior to 1881 to establish a board of brokers | in Washington, but none survived for | a period longer than a few months, chiefly because they had not the sub- stantial support of the banking inter- ests,” said Mr. Parris. “On October 24, 1881, five men con- nected with the brokerage business met | at 1429 F street and formulated a call for the organization of a stock ex- change. “When the exchange was formed, there were on the first call, exclusive of Government bonds, but 28 securities listed. Today the number is increased to 98, with frequent new listings.” . A constant fluctuation in the price of seats on the local exchange has been evident since organization, Mr. Parris said. His own seat, purchased when the exchange was formulated, cost his backers $25. Since that time he has been offered $10,000 when prices reach- ed a record high. but the value de- creased until today, when seat prices range from $2,500 to $4.000. “High Bonds” Lyle Returns to Bench, Sets $220,000 Bail By the Associated Press. CHICAGO, May 22.—Judge John H. Lyle, who won the sobri- quet “High Bonds” Lyle four years ago because of the high bail in which he held persons arraigned before . him, has sig- nalized his return to the criminal bench by fixing 2 total of $220,~ 000 for three robbery suspects. For the last four years Judge Lyle has been hearing only civil cases. capital for the upbuilding of legitimate enterprises, in which upbuilding invest- ment houses as represented on the Washington Stock Exchange will play an important part.” Mr. Parris said the oldest stock ex- change in existence is the Paris Bourse, founded in 1726, and the London Ex- | change was not formed until 47 years| later. “The unorganized buying and selling of securities was, however, a common practice in the several great cities of the world prior to the formal existence of stock exchanges,” he said. “History records that the ‘Change de Paris’ may be traced back to the fourteenth cen- tury and that there was a flourishing stock business 100 years before the London Stock Exchange came into ex- | istence. Philadelphia claims the or- ganization of its Bourse to have been in 1790. The present New York Stock| Exchange formulated its constitution and secured permanent quarters in 1817." Preceding the introduction of Mr. Parris by Allen C. Clark, president of the society, Mrs. Maude Enig Murphy, soloist, rendered several vocal selections. | Lists of new members, whose numbers | “During its existence there have been | 189 members, including the founders, | there being now, as in the past, 40| seats. Twenty-four presidents have pre- | sided at the daily sessions. { “As the Capital expands.” declared | Mr. Parris, “its utilities and other cor-| porate faterests and activities will bring | with them an increasing demand for! NEW YORK COLUMBUS PHILADELPHIA Opening total 30, were read, as were names of 6| || members who died during the past year. | . Petroleum produced in the Mara- caibo region of Venezuela last year to- | taled 105,522,000 barrels, as compared with 62,817,000 in 1917, and 36,663,000 | in' 1926. BALTIMORE G _STAR, WASHINGTON, D. C, MASSING OF COLORS SERVICE OUTLINED Washington Cathedral Authorities Announce Program for Sunday. Sermon by Bishop Freeman. The program for the massing of the colors service in the amphitheater of Washington Cathedral Close at 4 p.m. next Sunday was made public yester- day by Cathedral authorities. The order of service is set forth by authority of the Bishop of Washington and was ar- ranged by a committee consisting of Very Rev. G. C. F. Bratenahl, dean of ‘Washington Cathedral: Dr. G. Free- land Peter, canon of Washington Ca- thedral; Capt. Curtis H. Dickens, chief of chaplains, U. S. N., and Capt. Ar- lington A. McCallum of the Military Order of the World War, which is sponsoring the service. The service will be conducted by $3.50 Philadelphia | $3.25 Chester I | $3.00 Wilmington ‘ AND RETURN | Next Sunday, May 26 | tr. Washington 735 | ac Philadelphia 10:47 8 I | RETURNING tr. Philadelphia . Chester 7:80m . Wilmington 8100 (Standard Time) Same Day “onsuit Ticket Agent 7:30m Of the World's Targest Piano Manufacturer’s Washington Factory Branch Store ANOTHER LINK TO A CHAIN OF OVER 800 BRANCH STORES AND AGENCIES THE KIMBALL MANUFACTURING POWER REACHES THE NO OTHER PIANO SO WIDELY USED OR PRAISED AS THE FAMOUS KIMBALL OVER ONE MILLION' KIMBALL INSTRUMENTS HAVE BEEN MADE AND Dean Bratenahl, assisted by the chief of chaplains of the Army andthe chief of plains of the Navy. ‘The sermon will be preached by Right Rev. James E. Freeman, Bishop of Washington. Nearly 100 American flags in massed formation, under a color guard, will head the procession at the service. They will be followed by the clergy and the various groups, carrying their organiza- tion flags. The service will be of a pa- triotic character and familiar hymns will be sung by the congregation. led by Capt. Taylor Branson and the Unit- ed States Marine Band. After prayers for the President, for the country and for the flag will be “The Commemoration” and Kipling’s | “Recessional.” The players will be said | for all the heroic dead of the Nation, | Specially Priced For This Week Only oy | e T after which “Taps” will be sounded by . PFrank Witchey, who played “Taps” at the burial of the Unknown Soldier at Arlington. Then, after a period of silence, the national anthem will be played. Following the benediction by Bishop Freeman, the buglers of the Marine Band will sound “To the Colors” and for the recessional will play “The Stars and Stripes Forever,” by Sousa. More than 13,000 seats are available for the public and a cordial invitation was exténded yesterday by Cathedral :!utgorlties to those interested to at- nd. Germany plans to spend more than' $1,000,000 in improving highways. R R T A Delicious Old-Fashioned Confection— Lipps’ Whipped Creams 29c Pound Box A tempting old-time confection that is as pure and wholesome as pure fresh cream. Light, mellow, snowy white creams, made as only Lipps can make them, dipped in velvety milk chocolate which makes them truly is rare and delicious. good. Get a treat yourself and the family to a confecti und— on that WEDNESDAY, Silent: Violin Invented. A violin that can be heard distinctly by the . but. cannot be heard out- ‘spartment, has been devised by bo, A popular vionlinist in London. He has not revealed the secret of his invention, but says he can hear every note of his muted instrument clearly. e Boy, 10, Is Missing. ALEXANDRIA, Va., May 22 (Special). —Believing his missing son to be in t city. F. A. Cudle of 12 Tenth street northeast, of Washington, has asked local police to scour the city in an at- tempt to find the 10-year-old boy. The boy has not been seen foty several days. DA Phone Main 5215 —the Better to Serve You | FLOOD PERIL IN BAGDAD. Overflow of Rivers Causes. Losé of Lives and Property. LONDON, May 22 (#).—A dispatch from Basra, Irak, to today’s Daily Mail said the City of Bagdad was imperiled by floods on the Tigris River. The Euphrates River has risen also and many deaths and widespread destruc- his | tion along the two streams were re- ported. Chief loss of life has been on the Tigris at Mahmudiyah, 15 miles south of Bagdad. where the survivors were suffering from a food shortage. | IMPROVED - « « QUICKLY Enjoy the Taste of Feed If you have no desirs | for food, and you feel | out of sorts, and de- pressed, stimulate your digestive organs. Try Dr. Carter’s own form- ula. These pills taken after meals will aid digestion, relieve the gas, regulate the bowels, expel constipa- tion poisons and arouse appetite. All Druggists 25¢c and 75¢ red pkgs. CARTER'S I PILLS N\ Save More on Popular Brands of CIGARS W % Robt. Burns. pant. . Henrietta, pop. ... El Producto, boq. . Blackstone, cab. Cortez, dips. ... El Verso, adj. .. Garcia Grande, que La Palina, excel. .. Any of These 10¢ Values ens Luis Martinez, corona. Muriel, Roths.. .. Manuel, perf. ... Optimo, PE.. ....s Phila. Hand-Made, perf.. . Roi Tan, P. E.. Box of 50 $3.75 Worth-While Savings on Daily Drug Store Needs Bering Ear 0Oil hoice Whisk Broom For Only 2 9c - I R N - S\ N You will be delighted with the quality of these whisk brooms. They are made of selected broom straw, strongly bound to render The 39c. | To introduce exquisite Moret Toiletries to every woman in Washington we are giving away a full size regular 25¢ tin of talcum with each $1 purchase of these beauty preparations. Of a Regular 39c, 49c or 59 Face Powder .......... General Purpose Cream. . .50c Tissue Cream ... Talcum Powder (glass)...50c Extract, 1 oz. ......... $1.00 Moret Toiletries Bring Added Beauty 98¢ A4 Great Comfort and Relief for A —Defective hearing —buzzing and itching ears —stiff and hard feeling ears —earache to Lovely Women Everywhere! Try These Modern Aids to Greater Charm ..75¢ ..81.00 Extract, 3 o%. .... Lipstick Brilliantine ... Body Powder . Toilet Water .. “Special Offer! A 25c Tube of Stutfort’s Flash Cleaner and 4 25¢ Tube o/.smtfm’. Shoe Cream: "t complete satisfaction. brooms measure 11%; inches, the 49c ones 12Y inches and the 59¢ ones 13% inches. Be sure to take advantage of this unusual bargain. National Pale-Dry Ginger Ale 15¢ Bottle 2 for 25¢ Have a glass of this tempting pale dry gin- ger ale after dinner and get a new conception of the de- licious, wholesome refreshment that can be blended into ginger ale. National Ginger Ale is made of real ginger—perfectly blended and properly aged. At our foun- tains or ready to take home. SOLD TO AMERICA'S BEST BUYERS all Fall NATION'S BUYING Just the Thing for Over-Nite orWeekiEnd Trips. || Gladstone Bags An Inexpensive Camera That Takes Clear Sharp Pictures The Hawkeye Camera At a Remarkably Low Price! - No. 2 Folding Model (Fakes Pictures 2%x3% In.) RS ey Kimb 721 &leventh St. N. 1. THREE HUNDRED FEET NORTH OF G ST. JUST OUT OF THE HIGH-RENT DISTRICT An Open Tetter TGo You, old patrons and friends who have made our “Onward March of Progress™ here in Washington a gratifying realitg, we extend to you and your friends a hearty welcome to our new home, Kimball Ball, where “open house™ prevails day and evening throughout this entive week. to be absolutely safe. - And -the shoe * cream—you -can with the:slightest effort and with- out soiling the hands or clothes clean. and polish your shoes in a moment. Stalfort’s Shoe Cream is _ not alone a cleariing and polishing compound but is a preservative for the leather. One application gives a soft flexible finish that. prevents the leather from crack~ ing and becoming hard. e R O A Spring Blood Purifier! Arseno-Calcine Wafers 81 Size 89c¢ Now is the time to take that Spring lood tonic. Arseno-Cal - cine Wafers contain cream of tartar and sulphur ' in = combination with acid arsenous and calcium sulphide to cleanse and purify the blood, which leaves the skin clear, soft and healthy. )’;nese tablets are absolutely harm- ss. Very Special m'mm NN Here is an unusual | opportunity to obtain a dandy camera at a very low cost. The camera uses No. 120 film. It takes clear sharp pic- tures, yet is very com- pact and easy to carry around. HOME REMEDIES Priced at a Savings 25c¢ Blue Jay Plasters. . ... ...19¢c | $1 Nestles Food 50c Beechams Pills. . . . ......34c | 50c Musoldent $1.50 Agarol Compound. . . .. .98c | 25¢ Mercurochrome Solution . . . $1.00 Zonite Antiseptic ' 25¢. Mentholatum, small. . $1.10 Tanlac Tonic | 60c McCoys Tablets, small. . . . 25¢ Seidlitz Powders, 10’s. . . .19¢ | 75¢ Mellins Food 75¢ Pompeian Olive Oil. . ... .57c | $1 Mercitan Lotion. . . ’ 25c Petermans Discovery. . ...21c | 25¢ Natures Remedy. ....... $1 Nuxated Iron Tablets. . ... .79c | 50c Noxzema Cream. .. .. .. FREE . .. A niee looking leatherette bag, well made, with lock and two catches. Pretty lining. Two sizes—18 or-20 inches long—in either brown or black. You will want to. have one of these bags to carry with you on short trips. R R S “The Safe Antiseptic” - Listerine 23¢ 67¢ Listerine imparts a sense of cleanliness and_neutralizes odors coming from bad breath. bridgework and artificial dentures. The {§ Targe size is most eco- nomical OF ESPECIAL INTEREST is the First Sensational Showing of New Kimball Piano 1930 Models, embodying a long-heralded and improved tone invention which has revolutionized the industry. A great achievement by the technicians and acoustical engineers of the House of Kimball, who have made possible a long desired ““Low Even Tension Scale ", requiring many years of effort, patient research and unlimited financing to develop and perfect. A marvelous outstanding and exclusive improvement, considered the foremost step in the art of piano crafts- manship since eighty-eight notes became standardized. This new scale adds tonal color and new life to the pianoforte, bringing to the Kimball great distinction in the home, school, church and theatre. Once heard, this wonderful tone is never forgotten. As AN ADDED APPEAL, a number of styles in each of the Kimball upright, player and grand pianos, omitted from the new catalog and selling right up to January first, this year, at their well known and nationally established retail prices, carry both wholesale and retail discounts during the coming week’s festival. The true savings on these particular pianos range from $120 up to $315 and represent a notable collection of very rare and unusual values. A T To Promote Personal Hygiene— %¢ Astringent Key S Powder 50c e | Size. . A harmless anti- septic healing pow- der of great merit. Thousands of women are -already using this powder as a refreshing, soothing douche. It will invigorate and tone up the tissues and hegs perfectly harmless may be used as often as desired. Key's Astringent Powder is a necessity for dainty healthful women of today who wish to retain their naturai charm. Sharpens Appetite! Glysrated Iron Generous N @ Por rich, red blood, s | strong nerves and vi- s brant, vigorous health. %2 || Pleasant tablets — easy to take. Bottle of 54 Tablets $1.09 IN OUR NEW RADIO DIVISION, the most modern and well-known equip- ments for your entertainment and inspection are presented. Here you will find a few minutes’ spare time particularly interesting and profitable where refined tonal receptions are featured thru improved radio devices and.when sold become sub- ject to the incomparable Kimball Guarantee and Service Bond, backed by the strongest financial institution of the kind in America. N Easy to Take—Easy to Act VINVILY DES MOINES When You Store Away Your ¢+ Clothes for the Summer Protect Them With Moth-Gas Clothes Savers 100 Each — A WE ARE LOOKING FORWARD to a reunion with those who have patronized our distributors during an uninterrupted Kimball representation here in Wash- ington for more than fifty years, as well as those whom it has been our privilege to meet personally since the establishment of our own Local Factory Branch. YOUR PRESENCE WILL HELP'US CELEBRATE OUR INAUGURAL MOST APPROPRIATELY. i 60c Danderine Hair Tonic 50c Glazo Nail Polish. . . $1 Hinds H. & A. Cream. 50c Kolynos Tooth Paste . 50c Jergens Lotion $1 Mahdeen Remedy. . . 50c Wildroot Hair Tonic. 25¢ Squibbs Talcum 30c Pyrodento Tooth Paste . __ S e . B SAN DIEGO LAXATIVE TABLETS ALID SVSNV E- One or two E-Z Tablets on re- tiring at night will keep the liver functioning properly. They are mild but very effective. No gripe, no nausea. Put up in airtight wooden vials to insure their strength and freshness. 25¢ Little Chocolate Tablets Cordially yours, W. W. KiMBALL ComMPANY A 25¢ Tube of Woodbury Cold Cream With the Purchase of 3-25c Cakes of Woodbury Facial Soap Fiz' s short. tima ‘ol We. ave. pvine smoltey - For: Only h:ee a regular 25c tube of Woodbury’s Cold Cream Lower Prices Here on TOILET ARTICLES 10c Palmolive Soap, 3 for 60c Odorono Deodorant . . 50c Mulsified Shampoo. . . 75¢ Maybelline . . . . 50c Mavis Talcum 50c Molle Shaving Cream [ 25¢ Mum Deodorant. . . ... ... 50c Packers Shampoo . . . .. . . . 50c Pebeco Tooth-Paste. .. . .. SEVENTY YEARS OF SUCCESSFUL MANUFACTURING me o ot 5 49¢ e of these laced with, your cadhes e Bt Pitvey Feaisty STancrates and EreoTa Shaehe and abaolutely” dsstru their eggs. This zas penetrates to the very base of furs: it reaches every i crevice of sour clothes: it even sesps through the texture of the material. oth-Gas destroys moths. Simple, convenient. * DENVER ‘Kimball Pianos - the highest perfection in Gone, Scale, Action & Design “THE. ARTIST". FAVORITE" srene clean, O Tvddnd SAN TRANCISCO ST, LOUIS PITTSBURGH m\ffi