Evening Star Newspaper, October 29, 1929, Page 3

YEARS EBERLY’S SONS, INC. 718 7th St. N.W. District 6557 h [ ii | q ‘\\'e Invite Applications for FIRST TRUST LOANS on Improved Property in NEARBY MONTGOMERY CO. IND_THE DISTRICT OF COLUMBIA .Periods of 3, 5 or 10 Years Our officers are readily acces- ble and very willing to give you mmediate consideration and uick action on loans involving large or small amounts. ite ROSSEPHE( | Founded 1907 Loan Correspondent John al LI a7 K St HAT LOVELY TEETH 'V'THAT CHILD HAS! ny mothers say, DR. JOHNR. STRATON DIES UNEXPECTEDLY lMilitant Baptist Leader’s Wife Is at Side When He Expires in Sanitarium. By the Associated Press. ! CLIFTON SPRINGS, N. Y., October 120—Dr. John Roach Straton, noted { militant fundamentalist Baptist preach- ! er, died at a sanitarium here today. He i was 54 years old. i Although seriously ill with a nervous: | breakdown for the last month, d:ath | came unexpectedly at 5:50 a.m. after a { heart attack. His wife was at his bed-, | side when he dled He suffered a slight paralytic stroke last April, and immediately after went { to a sanitarium at Atlanta, Ga., for a rest. He returned to his home a month ago, but soon suffered from & nervous | breakdown and entered the sanitarium here. Fought Smith Candidacy. He was pastor of Calvary Baptist Church in New York, but by his ag- gressive campaigns against modernism, and especially evolution, he gained | Nation-wide prominence. During the | 1ast presidential campaign he took an active part against the candidacy of Al- fred E. Smith, attacking him from his pulpit and campaigning against him in the South. His campaigns against alleged in- decency on the stage date back to 1922, when he engaged in a debate with Wil- iam A, Brady, Broadway theatrical producer, on a resolution that the mod- ern stage was a menace to public morals. He opposed the study of Darwinism teachings in the public schools and de- nounced Ku Klux Klan doctrines. Dr. Straton constantly was in conflict with various members of his congrega- tion at Calvary Baptist Church, in New York City, partly through his sermons and because of his other activities. At one time 29 members were suspended because of troubles with their pastor. He also encountered difficulty with the chirch’s board of trustees when he planned a 20-story combination church and hotel on the church site. He blamed | “social climbers” for most of his difficul- | ties within the church. Debated With Unitarian. He once engaged in a fundamentalist modernist debate with Rev. Charles F. Potter, pastor of the West Side Uni- tarian Church; attacked various maga- zine publishers as oters of irre- ligion, and deplored modern methods of teaching science. His pentecostal services in 1927 brought another upheaval in his church and several deacons resigned. He then started a series of divine-healing serv- ices and became involved with the American Association for the Advance- ment of Atheism, which sought his prosecution on charges of practicing medicine without a license. Growing out of this conflict with the American Association for the Advance- ment of Atheism, Dr. Straton -had Charles Lee Smith, its president, arrest- ed on charges of annoying him by send- ing him clippings and atheist literature through the mail. Smith was found guilty and fined on the charge. Pastor at Calvary 11 Years. Dr. Straton had been of the Calvary Church since 1918. helpful gleaming, white teeth be when he grows up. Ask him prefers painful cavities. Show how Pebeco, the scientific tooth , will keep his teeth sound and| te, and help him avoid those| nful trips to the dentist. Get b*u to try Pebeco a whole week— thn it's & regular habit.—Adver- Fices. Notin 5314, day Go-» 2038 18th st n.w. e Madmortmaent o 55 Gards D'rle!ifl ent of ; j :‘“l-lneoln'.l"lJ and representative Monday. .._Wisconsin' 3010. DAIRY, INC. 101 pay on December e first mortgage 6%% gold bonds d and outstanding thereunds ) December 1, 1920. there be due and’ pasable on ge 6% i e of the trustee, National Bank of Wi Washington, .. the Drij of, together with accrued interest to ‘mber 1. 1929, and a premium of 7% From and after Decem- bondy. and_ these bonds and the Bty appertaining thereto shall cease o be led to the benefit of the deed of trus rendered for ed all coupons thereunto belons ¢ on and after December 1, 193! ring t ber 21. 1929, ¢ CHESTNUT PARMS DATRY, INC, By JEREMIAH W. McCARTY, Secretary. 'GU_ARE_GOING TO MOVE TO OR Phila.. New York, Boston. Pittsburgh. us and we RETURN LOAD RNITURE York, Philadelph! Atlantic City, ; Richmond, Va., and Harrisburg, P ith’s Transfer & btora%e Co., 3 U 8t Nort) r 3 d '8 pm. each day Large assort- INSPECTION OF THESE RUGS Oct. and 2oth. = Open evenings. Write of born in Evansville, Ind,, and was edu- cated in Mercer University and Southern Bapitist Theological Seminary, at Louisville, Ky. He also studied at the University of Chicago and the Boston School of Oratory and Expression. He received his doctor of divinity degree at Shy ‘ollege, Alton, Il1, in 1906. He held pastorates in Chicago, Balti- more and Norfolk, Va., before coming to New York, and at one time was on the faculty at Baylor University. He was ordained in the Baptist ministry in 1900. He was the author of numerous bcoks sup) his fundamentalist beliefs and attacking the theories and teach- ings of the modernists. Dr. Straton is survived by his widow, . Mrs. Georgia Hillyer Straton, and four | sons, the Rev. Hillyer H., John Charles, | Warren B. and George Douglas. Will Rogers Says: HOLLYWOOD, Calif., October 29. ~—Our attention in the last few days has been focused on juries, and from what we read about it the personal opinion of the jurymen after listen- ing to all the testimony don’t seem to mean much. It's how strong- minded and persuasive some other Jurymen are. Look at the Fall case first ballot, seven for acquittal, two undecided and only three for conviction. Yet in the end the three switched all the others. It wasn’t the evidence, for they had heard it all before they took the first ballot, so it looks like & lot of jurymen ought to be lawyers, for they are evidently more convinc- ing than the lawyers. L =B rich flavor gokden drop GULDENS s Musta:fl‘ 1 catalogue NITE! 'ORAGE CO. 10th “APPLES—CIDER __ ples. _Dri out cf Rockville, Md., on roa: G—by Koons cere work by Irl&lfi w‘:"l. Let us esti- INS Sompany 110 3rd bir 8 rinting Service foflering exceptional for a discriminating National Capital Press 1212 D 8T. N.W__ Phone National 0850 facilities tel nel bar, caulking compout v 05 Vo A THE EVENING STAR, WASHINGTON DR. JOHN ROACH STRATON. PARLIAMENT OPENS; LABOR CHALLENGED Macdonald Party Optimistic, in Face of Crucial Test of Strength. By the Assoclated Press. LONDON, October 29.—Parliament reassembled today for what is expected | $! to be one of the most important and busy sessions of recent years. A Labor ministry, in ¢ontrol for the second time in British history, took seats with the warning of opposition papers’ editorials thrust at them. That warning was, substantially, that the virtual truce in party politics, which marked the initial weeks of the par- liamentary session three months ago, is over, and that the Labor government must now prepare to defend its policies. At convening Labor’s situation un- doubtedly was precarious enough, the government polling but 291 members in the Commons, against 260 Conserva- tives and 57 Liberals—enough short of a majority that a Liberal-Conservative coalition may at any time vote no con- fidence and bring about its resignation. Points of Optimism. Labor’s leaders felt they had room for optimism in various developments of the three months' Parliament has been in recess, principal among thsse the popularity of Premier Macdonald’s moves toward betterment of American relations, and the promise of David Lloyd George, Liberal leader, that the Liberals would give Labor a chance to work out a constructive program. Inasmuch as the opening of \the leg- islative body was & mere reconvening of a former session, after recess there 'was no speech from the throne, or other formal opening ceremony. The premier, Ramsay Macdonald, was not present, being en route home after his American visit. He will arrive in Liverpool prob- ably Priday. Policles Take Shape. On the parliamentary program :for the next few weeks is the taking up'of work, where left off at recess in July, with the differences that Labor policies half formulated then have been shaped in the ester recess by the new ministry. ‘The first big legislative event proba- bly will take place Thursday, when the second reading of the pensions bill, sponsored by Arthur Greenwood, min- ister of health, will be moved. Porto Rico sent more than 4,000,000 cotton handkerchiefs to the United States in the first six months of this yea 'ror the Woman Who Likes Good Stories vember Good Housekeeping, carries the scent and sight and sound of deep waters. It’s a rare story. “If You Begin with Love” is a delightful tale of love in the big city. Mary Synon has a fine message in “Grand Piano,” and “Rain Preacher,” by Margaret Belle Houston, sets a new record in the field of colored fiction. N OVE RALLY IN STOCKS |2 FOLLOWS SELLING Market in Brisk Upturn as Bankers Act to Stabilize Conditions. D. C, TUESDAY, OCTOBER; 29, 1929 set at 5 per cent before the opening of the market, as against a renewal raf 6 per cent yesterday, and Keech & Co., one of the large commis- sion houses, announced. that margin requitements had been reduced to 25 per cent as a result of the recent break. ‘These develcpments helped to revive confidence, which had been badly shaken as a result of the disastrous breaks in the last few days. Distress selling was dumped onto the market in enormous volume at the opening, a wide assortment of leading shares dropping about $5 to $15 in transactions of 5,000 to 50,000 shares. F.- B. United States Steel was quickly sup- ;| ported, moving up $2, but Westinghouse Electric dropped $14.50, Standard of ©|New Jersey off $7.75, Radio off $10.25, (Continued From First Page) . quickly rallied to 192. - Similar recover- les took place in the other leadind stocks. 8 ; Wide cpen breaks also took place on the New York Curb Market. Elecs tric Bond & Share, which ran up close to $200 a share in the recent wild orgy of speculation, opened with A block of 50,000 shares at $50.25, of $34.75, and then rebounded to $70 A share. American Superpower dropped $7.6212 to $17.50, and Cities Servic® opened with a block of 115,000 shares at $24.87%. Bank Stocks Decline. Severe declines also took place in th® prices of bank stocks, which are traded “over the counter.” st Nationsl Bank stock drcpped $300 a share, be- ing quoted at $6,300 bid and $6,700 of- fered. George F. Baker, veteran chair- man of the board, is understood to hold 22,000 shares of-this stock, so that bis overnight loss in paper profits in this issue alone run over $6,000,000. Mi. Baker is al!so reputed to hold more than 60,000 shares of American Telephont, which dropped $34 a share yesterdlri| and $12 more today, or a shrinkage ih the quoted values of his holdings that issue of nearly $3.000.000. = National City Bank stock dropped $47 a share, Chase National $20, Equitablc $10, Central Hanover $15, Ex- change $47 and Manufacturers’ Trust 15. 3 ‘Total stock sales in the first two hours were 8,378,800 shares, with the ticker running 45 minutes behind the market at_noon. Opening cf trading in common stocks of the Transamerican Corporation, the Giannini holding company, on the New York Curb Market was being held uu pending receipt of opening transactions on the San Francisco Stock Exchange. the principal market for that issue. Tie specialist the stock informed the Ax- sociated Press that he would not execute any buying or selling orders until after Slll’l Francisco had fixed the opening price. i Prices were holdin’ steady around, their low levels shortly after mid-day. United States Steel common was then quoted at $175, off $11; General Elec- tric at $216, off $34; American Telc- hone at $212, off $20, and Radio &t 31,6272, off mearly $10. s Bankers Confer Again. Leading bankers again conferred the offices of J. P. Morgan & Co. in the early afternoon. The conferees includcd Charles E. Mitchell, chairman of the National City Bank; Albert H. Wiggitj, chairman of the Chase National Bank, and Seward Prosser, president of the Bankers’ Trust Co. It was learned that the bankers' pool, recently organized was buying stocks to- day, but was endeavoring merely to keep the market orderl‘dlnd making no ef- fort for the time being to stop the de-. cline. George F. Baker, jr., of the First National Bank, joined the conference st the Morgan offices in the early after- noon. Officials of the New York Stock Ex- change again delayed the delivery time on securities purchased and sold yester- day from 2:15 to 2:30 p.m. today. Break at Opening. A wide open break in prices at the opening, representing ‘the wholesale dumping of weakened marginal ac- counts, was quickly followed by a brisk rally which cut down, or wiped out, many of the early declines running from $1 to $15 a share. ‘The action of the market indicated that bankers stood aside until the worst of the weakened speculative accounts had been cleaned up and then threw supporting orders into the market to prevent complete demoralization. TWo nlzn'flun'. developments _took place before the opening. The official call_money renewal rate, which is was usually announced after 10 'HE Sea Was Wait- ing,” by Elizabeth Petersen, in No- M BER GOOD HOUSEKEEPING EVERYWOMAN’S MAGAZINE Good Housekeeping brings you, in addition to these and other splendid short stories, fascinating serials by EDISON MARSHALL, GEORGE WESTON and FREDERIC F. VAN DE WATER. TODAY ‘ k ouT Do Not Fail to VISIT The Electric House at 6203 14th St. N.W. m Sheridan Park Open Until 10 P. M. Every Day This Week Drive out 16th St. to Sheri- dan St., then 1 block east WARDMAN 1437 K St. District 3830 American & Fpreign Power off $9.25, Montgomery Ward off $7.50 and Gen- “ | eral Electric off $5. Early Losses. Chrysler opened with a block of 50,000 shares at 33, off 7; Standard Oil of New Jersey with a block of 50,000 shares at 57, off 3. Cons-lidated Gas with & block of 45.000 shares at 9514, off 2, and Radio with a block of 30,000 shares at 30, off 1014, WHEAT PRICES FALL. Drop of 6 Cents in March—Other Months Also Shown. CHICAGO, October 20 (#).—Wheat prices fell a maximum of 67 cents at the opening of the market today. De- cember wheat opened 1.21 to 1.24, as against the closing price of 1.26% to 1 % yesterday. March at 1.28 to as inst 1.34%, to 1.34% d to Immediately after the opening the prices strengthened to within 3 points of yesterday's_closing quotations. Asthma Yields to | | Doctor’s Discovery Indianapolis—What is regarded |as an amazing advance in medical science is the discovery of the actual cause of Bronchial Asthma and Hay Fever by the well known Dr. Fugate. He found the cause of these ailments originates from an unbalanced con- dition _of the endocrine glands. After finding the cause he perfected an effective treatment that has al- ready be: used in thousands of | | cases, and the reports of immediate | }rcllef indicate that at last help for Bronchial Asthma and Hay Fever has been found. An important booklet telling in detail about his discovery and treatment has been | published by The Fugate Co., Dept. 4957, 126 S. Meridian St., Indianap- olis, Ind., who offer to send it free. ‘Those troubled with Huy Fever or Bronchial Asthma should write at once.—Advertisement. o sm[%a,_smx HELD GOOD FOR BUSINESS |y srsng o Inv‘e;ltuf;ey Bankers Believe Capi-| o tal Will Be Put in Trade Channels. By the Associated Press. NEW ORLEANS, La., October 20.— Sound American business would be be! efited rather than harmed by the sen: sational breaks on the Stock Exchange, in the opinion of leading investment bankers here yesterday for the annual convention of Mortgage Bankers’ Association of America opening today. Delegates who attended the meeting of the board of governors were opti- mistic over the business condition of the country and represented the stock market crash of last week as an awak- ening of the investment public to the wisdom of investment experts who have viewed the bull market in stocks wit concern. = he_developm-nts of the past week,” stated E. E. Murray of Nashville, presi- dent of the association, “will prove to the general investigating public the wisdom of thoroughly examining the condition of the businesses in which = estionably such an examination will divert much of the country’s sur- plus capital into channels which are sounder thau% much of the stock mar- part! great deal of capital has been unwisely invested by persons who knew nothing whatever of the condition or prospects of ‘the firms in which they were invest- ing’ They were not concerned with values, but with prices only. The de- velopments of the past week should put an end to such unwise investment, and sound business will benefit.” PLANS FOR WORLD FAIR. Chicago to Start Construction of Buildings in April. CHICAGO, October 29 (&) —First construction work on buildings for the 1933 world's fair will be started next April, the fair architectural commission ‘The first buildings will be those de- signed for administration. Construction of buildings for transport display will follow, the commission said. th | has announced. Every faclity furniture years Ve service, finest in Modern _ firepro® Jocked rooms: Our rates are e con-tan © nd now_we bele Washington- ¢ warehouse. gecidedly moderate: for them. padded vans ' moving. Phone Metrop for local and Ask for T8 W. Tenth Street NeW- red 1901 States Storage Co. | 20 de Long-Distance Morre | | | * 3 ROBBERY SUSPE%}':S}.AIN. One Wounded, but! in--smm- tive Slightly In, jured. CLEVELAND. ONig, 9 unidentified ct was but es- An killed, another was caped and Detective Joseph Kellicker was wounded slightly in a running gun battle here last night between the sus- pects and police. Notified by radio in their police car to watch for the suspects three small robberies, the officers sud- denly came upon them and gave chase. Pinally the suspects leaped out of their car and fled. —_— Because of lack of customary orders from America many harmonica fac- ‘ories in Germany are closing down. —_— e AUTO TROUB REG.U.S PAT.OPF. latest scientific discovery stops cold quick some Mistol up your - ose—or gargle a ttle—and you'll get immediate relief. Mistol acts on inflamed membranes. Reduces swelling. Soothes irritation. Clears up any stuffiness. The safe way to knock out colds. Doctors use it, Ask your druggist for it. MADE BY THE MAKERS OF NUJOL $6,950 DOWNTOWN 6 rooms und’garage $52.50 per Month and Small Cash Payment Higbie, Richardson & Franklin, Inc. : 816 15th St. N.W. NA. 2076 Evenings, GA. 4415 \ Nokol is a noiseless auto- matic Oil Burner Install Nokol Now 1719 Conn. Ave. N.W. North 0827 unit of over a thousand lian Co. « « « Our price, $435. of Maryland and Virginia. of these beautifully con- structed grands from the Aeolian Co. Not only do you get our manufacturer’s warranty obtainable from the Aeo-. arantee but the strongest Grand piancs of this grade are being sold all over America for $645, and even more. See it tomorrow Name Your Own Terms Extraordinary Anniversary Special in Traded-in Upright Pianos They must be sold to make room for new stock arriving daily 50 Upright Pianos at $50 Each 0. J. DeMoll & Co. Pianos—Radios—Victrolas—Furniture Twelfth and G Streets N.W. DeMoll’s Greatest Piano Value A Brand-New BABY GRAND Made by the Aeolian Co....a guar- anteed $645 value . . . Sale price . .. 435 $25 Delivers It $15 Monthly Pays the Balance Twelve dealers operating over 100 stores in America co-operated in the purchase as one single Give Your Child Plenty of Chestnut Farms Milk NOTHING can give your child as much energy and vitality as Fresh Milk. A quart of milk a day for every child is the advice of many of the leading child specialists. the only question for you to consider is the best source of supply. The Highest Quality Dairy Products Jelected as the and Rated 100% by the Dirtrict’ With this advice as your guide, Chestnut Farms Milk contains 'all the elements necessary for build- ing strong, healthy bodies, coming from the very finest dairy herds You are always assured, not only a safer milk, but a milk with that sweet, natural flavor, which has for the past thirty years, merited our claim to Zarme Dairg. Phone Potomac 4000 for Service. |