Evening Star Newspaper, June 19, 1929, Page 12

THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, JUNE 19, .1929. WHITE DUCK TROUSERS $2.50 EISEMAN’S, 7th & F EUROPE Seven countries. Private party of eight young ladies, two vacancies. Personal interview. $685. Sail July 6th. C. C. Drake Co. Travel Service Hotel Willard Sore, Swollen Feet Sore, swollen feet—burning all day! Bathe them in “Tiz and you can just.feel all the ache being drawn nd glorious comfort soaking in! Tiz" draws out the poisons and | ids that cause feet to swell, burn | Also takes all the soreness out of corns, bunions and callouses. Sweet, fresh, comfortable feet the year 'round with a package of “Tiz. Get store. and ache. Not one fly Not one buzing, bit- ing, singing, stinging insect will pester you all summer if Flit and the easy Flit sprayer are kept on the job. Flit kills all household in- sects everywhere. Flit vapor will not stain. Harmless to people. Flitrepels insects out- doors as well as it kills them indoors. Millions of homes always buy Flit, because of its greater killing power. Money-back guarantee if every household in- sect does not die. Be sure you get Flit. Sold everywhere. The yellow can with the black band. More for the money in the quart size. 4 FLIT © 1929 Stanco Tne. it at any drug or department| if you spray | | | | of the Brazilian coast to New York and | Special Dispatch to The Star. { number 1. EMPLOYES' GREDIT UNIONS SHOW GAIN More Than 800 Are Now Functioning in U. S.—Aid Small Borrowers. BY JOHN F. SINCLAIR. NEW YORK, June 19.—There are now more than 800 employe ecredit | unions in the United States. They have | been growing rapidly for the last two | years. So far, 27 States have passed legisla- tion governing the formation and oper- | ation of such employe associations. | Credit unions, long an important factor in European life, demonstrate the soundness of the position some of the larger banks in the United States have recently adopted—that is, that finan- cial accommodations to small borrowers unable to give banking collateral for loans are not only an urgent need but a legitimate and feasible banking service. All of this spells the death knell of the loan shark, who has gouged the small-salaried employe, often out of his | last nickel. Recently a study was made of this subject by the National Industrial Con- ference Board. In the report the board has endeavored to classify the many plans in proper groups, ranging from elementary forms providing for deposits | of small sums with banking institutions to comprehensive plans, including adaptation of the investment trust principle and the building and loan as- soclation idea Every effort which goes to expand the | co-operative credit movement should be supported. By the end of 1929 one will be able to travel by air from Montreal to Santiago, Chile, across the Lower Andes to Buenos Aires, and to return by way Montreal. This is another way of saying that air lines are springing up. connecting important cities throughout South America. Many of them are operating on daily schedules. The greatest de- velopment in aerial travel in South America so far is in Colombia and Peru. Both countries are rich As early as eight years ago the “Scadta” was operating a weekly air line service over the Magdalena River as far inland as Girardot, about 800 miles from the Atlantic Coast. Now | this city, virtually unknown to North | America, is connected by train with | Bogota. There are few good roads in | South America, and rallroads are ex- | pensive to build, hence the rapid de- | velopment of airplane travel, | It looks as though the more progres- | sive of the South American republics | might become world leaders in aviation. | Deaths from automobile accidents increased in the 78 large cities of the United States during the four weeks | ending May 18, according to the De- | partment of Commerce figures. The | number of deaths, 582, is an increase | of 45 over the same period a year | ago. Most of the deaths occurred in accidents within city limits. Considering four-week periods dur- ing the last four years, beginning May 1, 1925, the lowest total, 346, was for the four weeks ending March 27, 1926, and the highest, 771, for the four- week period ending December 29, 1928. Among sizable cities having no deaths from automobile aceidents dur- ing the last four-week period reported, with Flint, Memphis and Spokane, while those having only one death were El Paso, Erle, Lowell, Nashville, New Bed- ford, Syracuse, Waterbury, Wilming- ton, Worcester and Kansas City, Ka: For the next three months, au mobile drivers should be particularly careful, for these are usually the high- death-from-accident months. There is some sentiment in certain | banking circles for revamping the Fed- eral Reserve System and modeling it more closely along the lines of the Bank of England. Today the Federal Reserve System is run by 108 directors (9_directors in each of the 12 banks). In addition to these directors must be included the 8 members of the Fed- eral Reserve Board at Washington, making a total of 116. When an important matter of policy is decided upon, there is almost sure to be a wide difference of opinion in the present reserve system. Not o in the Bank of England. | Of course, the Bank of England | stands at the head of a closely-knit banking system, in which the bulk of | the country's resources are in the hands of five banks. None of them, how- ever, has the right to issue banknotes, which is the sole prerogative of the Bank | of_England. Tradition gives the Bank of England power. It has a history of 225 years, it is unified in control and its cohesion | is relatively easy. It is often sald that the American central bank di- | rectors are sometimes subject to politi- | cal influences, yet the Bank of England | has also had much criticism in recent | years, but lately, through Sir Joshua Stamp and Sir Basil Blackett, it has | helped to allay the feeling that it -is | not representative of the cemmercial | interests, | Nevertheless, the Federal Reserve | system, when' organized, had to con- sider the fact that there were 27,000 independent and distinct banking units in the United States at the time. Should the branch bank system come into vogue in the United States, uni- | fication of the central banks naturally would follow. Until then, it is rather doubtful if any great change will be made in the organization. The change toward unification in banking authority is already under way in the United Sfates A successful American exporter was | discussing the qualities which, to him were most needed for success in the growing export field. ‘To study and know the customs, habits | and thought life of other people was He referred to the trade mark of an American firm which had on it the picture of a dog. uld that firm do business he said, am afraid it would have to modify its trade mark, for | the Chinese have a very low regard for dogs.” Dr. Julius Klein tells of a manufac- turer who stamped the image of a| rabbit on his goods. He attempted to sell his goods in China and found he had made a great error, for rabbits, too, are not popular there. Certain exporters of fruit from the | United States have found it necessary | to change the color combinations of their boxes going to the Far East, be- cause the original colors did not appeal to the Chinese people. On the other hand, an American condensed milk concern made an ex- cellent impression with a label on its cans showing a baby, and under this a | caption, “It's a Boy.” Why? Because | the Chinese are primarily interested in 0ys. All these things, which appear rather simple and unimportant in the United | States and Canada, often become of | large importance in forelgn trade. It is Just as necessary to be careful in these small details as it is to see that the goods sent abroad are exactly as rep- resented. Both American and Canadian business interests are learning rapidly all of the fine points in the export game. Their | increasing trade to all parts of the world | proves this. | (Copyright, 1929. by North American News- | paper Alliance.) Organization of railroad stock hold- ing companies along the lines of the recently formed public utility holding mmmmlu may fake place in the near 3 | increase of 2210 $3,500,000 COMPANY TO PROMOTE AVIATION By the Assoclated Press. ST. LOUIS, June 19.—Organization of the St. Louis Aviation Corporation, | a $3,500,000 concern, to handle airplane | securities was announced by a group of | bankers comprising Knight, Dysart & Gamble, Oliver J. Anderson & Co. and James C. Willson of New York and Louisville. Harold M. Bixby, president of the Industrial Club of St. Louis, will head the new corporation. The announcement said the new com- pany, incorporated under the laws of Delaware to deal in aviation securities and aid in development of commercial aviation, will have full access to the research department of the National Aviation Corporation. | REVENUE FREIGHT | LOADINGS INCREASE Loading of revenue freight for the week ended June 8 totaled 1,054,792 cars, the car service division of the American Railway Association an- | nounced today. This was an increase of 82,872 cars above the preceding week this year, | when loadings were reduced owing to | the observance of the Decoration day holiday. Compared with the corresponding | week of last year, loading of revenue freight for the week was an increase of 59,222 cars and an increase of 26,425 cars above the corresponding week in 1927 Miscellaneous freight loading for the | week totaled 416,259 cars, an increase | of 30,405 cars above the corresponding week last year and 20,114 cars over the same week in 1927, Coal loading totaled 153,242 cars, an cars ove the same week in 1928, but 5.579 cars below the same period two vears ago. Grain and_grain products loading amounted to 38.955 cars, an increase of 14701 cars above the same week in 1928 Western Air Express has closed con- tragts with 20 railroads in_connection air-rall service from Kansas City s Angeles. | ICE CREAM MERGER SEEN IN BALTIMORE Special Dispatch to The Star. BALTIMORE, June 19.—Creation of a $6,500.000 ice cream merger here is !'seen in the filing of certificates of in- corporation for four concerns. The charters were filed with the State Tax Commission by local attorneys, for New York interests. The four new corporations will be similar or identical in name with four existing Baltimore concerns. These lat- ter, it is stated, will be dissolved. The new concerns have a group of incor- | porators and directors, all resident in New York or New Jersey The new conc Creamery Co., Inc., succeeding Hendler Creamery Co.. Inc.; Supreme Ice Cream Co., Inc.. succeeding the Supreme Ice Cream Co.; Horn Ice Cream Co., Inc., succeeding the Horn Ice Cream Co..and Clover Ice Cream Co., Inc., succeeding the Clover Ice Cream Co. Capitalization of the four new com- panies is as follows: Hendler, 25.900 shares; Supreme, 10,000 shares; Horn 30.000 sheres; Clover, 50 shares. the par value in cach instance being $100. The belief here is that the New York interests have acquired the four existing Baltimore concerns, that new com- panies have been formed to supersede them and that these new companics may, in turn, become subsidiaries in a vast combine 'of ice cream manufactur- ing concerns. are: Hendler Pan-American Petroleum & ‘Trans- port may make a new offer of exchange to minority stockholders of Lago Pe- troleum. APERHANGING For Estimates Call District 4224 George Plitt Co., Inc. 718 13th St. N.W. Painting, Upholstering, Draperies Slip Covers, Furniture, Refinishing The prospector eagerly sifts his pan and shinning nuggets of yellow gold are found. A rich strea k! Wealth maybe! You'll feel something of the same thrill wh you taste the gold nuggets of mellow but- ter that furnish wealth of real butter- milk flavor in Jin® en Tt's en That's real bhuttermilk! why Golden Flake so popular. It has that delicious, freshly-churned flavor that delights the taste. Because it's thick with flakes of golden butter. If vou like real, coun- try-style buttermilk, vou'll like Golden Flake. Sold at grocery stores and home delivered. Order it—Atlantic 70. is a Golcton Flake BUTTERMILK “Bright and Airy—the Daylight Dairy” Monday 4 Whit cn teeth 3 Shades! Kolynos Dry-Brush Technique Removes the ““Yellow” Without Injury to the Enamel. Here’s the new way to clean teeth. It whitens them in a new and amazing way. It makes even the dullest and yellowest teeth radiantly white, and without the slightest injury to the enamel! It is called the Kolynos Dry-Brush Technique and consists of the use of a half inch of Kolynos Dental Cream on a dry tooth brush. The use of a dry brush means that you use Kolynos, a_highly concen- trated dental cream, full strength; also that the brush bristles then remain stiff enough to scrub the tooth surfaces roperly and penetrate the crevices gnvefl\ the teeth, and the pits and fissures in the grinding surfaces. %2Inchon a Dry Brush You can use Kolynos on a dry brush because it foams profusely in the mouth. The secret formula contains one ingredient that causes it to whip instantly into a surging foam. This foam is active and antiseptic. It “works” on the mucin coating on teeth like millions of tiny fingers, breaking it up and washing it com- pletely off the teeth. Teeth are cleaned down to the naked white enamel without injury. The foam pushes its way into all the tiny crevices in the mouth. It penctrates where no “inert” tooth paste can go. It cleans out and disin- fects all those places where food par- ticles lodge and cause decay. Get a tube of Kolynos today. Put it to the test and see the difference in your teeth in 3 days! KOLYNOS DENTAL CREAM acting | By the Associated Press. NEW YORK, June 19.—New securities offered today include: Ninety-two_million dollars the Lautaro Nitrate Co., Ltd., first mortgage 6 per cent convertible gold bonds, due 1954, priced at 99 and interest Five million dollars foreign Power Securities Corporation, 6 per cent 20- t collateral trust convertible s, series A, priced 100 and accrued interest. Seven thousand five hundred shares of the Shares Corporation of Wall Street common stock at 102 a share, C. & P. IMPROVEMENTS. BALTIMORE, June 19 (Special).— | The Chesapeake & Potomac Telephone | Co., will spend $28,000,000 in Maryland to provide additional telephone service | | throughout the State during the next | five years. | Of that amount $4.000,000 or more will be spent for building, it was an- nounced. | One report said the company wili| erect a_40-story office building on a | site in the downtown section purchased | nine years ago by the company. Six hundred thousand dollars Green- | wich Water & Gas System 6 per cent cumulative preferred stock at $97 a share, B. & 0. Revenue Estimate. BALTIMORE, June 19 (Special).— Daniel Willard, president of the Balti- more & Ohlo Railroad, estimates gross revenues for the first six months will be about $7,000,000 ahead of last year. | while the balance for dividends also will | show a substantial increase. Coal traffic continues rather disap- pointing, but steel tonnage is heavy, and the movement of general mer- chandise is good, he said. National Acme directors are consider- ing an increase in dividend. Swat the Fly Take advantage of an early start by an aggres- slve war on the fly at the beginning of the season. The Star has for free distribution wire-handle fly swatters. Ask for one at the main office of The Star, 11th and Pa. Ave. NW. CANADIAN NATIONAL—TO EVERYWHERE IN CANADA New Brunswick Prince Edward Island Cool forests,bluc lakes and silver streams. Sunny neaches, light breezes and lazy waves-or the wild musicof an A tlantic storm Salt or fresh water boating, fishing, swimming. Golf and tennis. Warm suany days aud cool refreshing nights. GEO. L. BRYSON 901 Pifteenth St. N.W., Washington, D. O. Tel. National 2333 CANADIAN NATIDNAL GIhe Largest Railway System in America OPERATING RAILWAYS:STEAMSHIPS: HOTELS+ TELEG R APH AND EXPRESS SERVICE*R ADIOSTATIONS For booklot and in- formation_consult this office ] e e 3k sk e e A ke Ak ke e A ke Ak ok ke ke ke STAR RADIO % 409 11th St. N.W. * * : * Amazi b o ras s 2 E AT AT TR TR TS T T T LT LT T T ) o ) o ) o ) o 3New A.C Beau Ilustrated in Trade In We Wi . Screen Grid Tubes Heavy Pressed Copper Shielding To-in-One Control tiful Cabinets The New Radiola 46 Home Surroundings A Beautiful Console Model Built-in RCA 106 Speaker 197° $10 Delivers This Model to Your Home Complete Nothing Else to Buy Your Old Radio ill Give You a Liberal Allowance SERVICE WITH EVERY S 1.2.2.9.0.0.0.0.0.0.0.¢.0.0.0.0.0.0.0.0.0.0.0.0.1 1350 F St. N.W. Washington’s Largest Radio Stores ng Performance See and Hear These New Screen Grid Radiolas ADownPayment of $10 No Further Payments for 30 Days Both models have these new and unique features— 3218 14th St. N.W. Delivers Either Model to Your Home UX245 Power Tube Magnified Tuning Scale New Stencil-Cut Selector Dial Perfected RCA Speakers The New Radiola 44 Illustrated in Home Surroundings Complete With the Famous RCA 103 Speaker $10.00 Delivers This Model to Your Home Trade In Your Old Radio We Will Give You a Liberal Allowance Cemplete Nothing Else to Buy ALE e e e A e ek e ke sk sk sk ek s ke e e sk s sk e e sk e sk e ke sk s ek sk ke sk ko sk e kekok ok 3