Evening Star Newspaper, December 8, 1929, Page 88

BOND ISSUES FIRM - * AT SHORT SESSION ket Retains ‘Recent Strong Tone. JOHN L. COOLEY, Associated Press Pinancial Writer. NEW YORK, December 7.—The bond market was inclined to rest on its upward course today and the two-hour trading session found a rice Wens. The unc e, however, was wohGy ®=2 ‘here was enough buying support mu:dvlnce prices of rrumersous rails. The continued advance of the stock list directed considerable attention toward some of the convertibles. In- ternational Telephone 4l5s rose points and American Telephone 41s more than a point, both reaching new highs for the current movement. The new Chicago & Northwestern 4%s traded in a narrow range. Commer- clal Investment Trust 5'2s rose nearly 3. _Atchison 41¢s were sluggish. Inconsequential selling brought out losses averaging t a point in a few industrials and specialties, includ- ing Western Electric 5s, National Dairy 5%s and International Cement 5s. In the rail group Green Bay & Wisconsin income debentures jumped 4 points and New York, Ontario & Western refund- ing 4s were marked up 1}z soon after the opening. Dealings in United States Govern- ments, which led the market yesterday, slackened and small declines developed in the active issues. Foreign bonds made small fluctuations. COTTON IS STEADY UNDER REALIZING Market Closes at Slight Recessions After Early Price Advances. By the Associated Press. NEW YORK, December 7.—Cotton ‘was fairly steady during today’s earlier trading, but after selling up to 17.41 for January, or about 6 points net higher on covering and trade buying, prices reacted under liquidation or realizing, which was accompanied by a little Southern selling. January declined to 17.26 and closed at that figure, with the general mar- ket closing barely steady at net declines Pelose: teady, 6 to y 0 9 points lower; December, 17.21; Janu- 7205, uly. 119856, Bpor. steayt middling, 17.40. January March EXHIBITION REcALls NOTED EXPERIMENTS! Apparatus With Which Faraday, Davy, Tyndall and Others Worked Shown in London. LONDON (N.AN.A.)—Two interest- ing exhibitions are be held in Lon- don. One, at South Kensin, Tyndall and wl other famous men labored to make life easier; the other, at the new Horti- | cultural Hall, Westminster, shows how the New Health Sociéty plans to im- prove the health of the nation. The exhibition at South Kensington s of profound scientific interest. It; ncludes the heat-measuring instru- ments of Rumford, one of the earliest men to give his attention to the heat- ing of dwellings, and some of the model fireplaces and flues he evolved. Faraday Ring Exhibited. Michael Faraday exhibits include the JE852 2, B rnade s experiments i ago, experimen electromagnetism, and discovered the laws which are the foundation of mod- n ern enginee: 3 Faraday may also be called the father of modern wireless, for he conceived the propagation in space of electric “rays and vibrations.” The original apparatus with which he investigated the pro) ertles of the induction coil and the con- denser is on view at the exhibition. Tyndall is represented by his famous germproof box and some 50-year-old broths he prepared to disprove the theory of the spontaneous generation of life. Men’s Dress Reform. The New Health Society’s exhibition is chiefly notable for its propaganda on | behalf of the Men’s Dress Reform Party. Men mannequins walk about wearing shorts, sleeveless coats, blouses, water- | proof trilby hats and the latest style in | evening dress. This consists of a sleeve- less tunic, which may be made in black silk, or, if you prefer, of mauve, sal- mon pink, spinach green or blush-red cloth, with silk stockings to match, and hite or silver gray silk shirt with & “Byron” neck, finished off with a large black bow. Another interesting exhibit is the| transparent man lent by the German Health Society. By a clever device one is able to study the organs of his body #s they would look if one were gifted with eyes that could plerce like X-rays. (Copyright, 1829, North American Newspaper Alliance.) ‘EAT MORE GRAPES’ DRIVE! IS PUSHED BY ITALIANS| H 920— Growers Want Fruit to Grace Table dish. Low. as Well as Being Used in Making Wine. ROME (N.A.N.A.).—“Eat more grapes” is one of the greas appeals of the moment. That growers no longer want to think of thair produce in terms of wine :ivne, ‘ney want more and more grapes to grove the tables or Rome and. indeed, of Italy. All of us who have stayed in Italian hotels would be inclined to think the exhortation rather unnecessary. The “fruits” at the end of the menu always materialize as grapes to, ‘. extent of at least 50 per cent. L".uilan one re- members great, black, wine-flavored grapes, rich and delicious; in Venice, small, firm little grapes, with delicate threads of ice about them as one lifts the bunches from the bowl. If in the Summer you visit the Island of Torcello, lying off Venice, you will be greeted by gondoliers clamoring to tak= you up the Jittle stream to the famous old church and also by grape sellers, who will supply you with their tempt- ing wares for about 2 pence (4 cents) a pound, and here as well as in Venice itself you will see innumerable small children with a bunch of white erl s cupped in the lsft humd. They pick off tac fruit and eat them almost uncon- ——1920—— Low, 99.81 96. LiIb 3% 193247, 100.00 Price Trend Mixed, but Mar- | itost 112.28 106.0 U S ¢%s1947-52. 98.2 Lib 1st 4 3= 193! 98.6 Lib 4th 43{= 1933. STATES GOVERNMENT. Mieh. Low. Clese. Ches. ... 99.21° 99.00 $9.16 +.11 .47, 10112 100.28 101.10 + .7 101:28 100,04 100,03, 100,08 1016, 100.03 100.03 + 3 10119 %.19 100,03 eee+108.30 108.10 108.18 —.02 FOREIGN. — 1928 High. 100% 91% 101 9614 109 105% 11 101% 104% 104% 104 1m 101 111 116% 108 92% 87% 9T 978 103 1043 227 1% 107% 95 101% 20 98 101% 90 103 155 99 104% 13 106% 96 104% 300 99% 100 103% 9% 95 105% 103% 100% 110 105 —1 261% 144% 109% 52% 22% 58% 13% 116% b517%% 24% 5% 9% 81% 104% 91 36% 106 49% 21% 2% 6% 262% 67% by No per Al — e An im) t feature of the last Faris automobile show was the definite trend toward four speeds, with a silent Cupyright, 1529, American News- bal ) 292% 64% 36% 94%, 75 38 102 Bell Tel (Pa) r 101 110 Low. 95 Argentine §s June ‘59, 107% Belglum 8s°41. 64 Bolivia 7sct ‘69 98% Bordeaux 6s ‘34 65 Brazil 6%s 1926-57 85% Braszil 8s°41 100 Canada s 106% Czechoslovaki: 98% Deni 13 101% Denmark 109% French 7%s 41 102 German 78’49 I 80 German Bank s 1938 75% Greek 6s 196! 92 Italy 7s 98% Japane: 10 102 Netherlands 88 New South 98% Norway 5% 83 Orient Dev 5%s 5’ 93 Paris Orleans 5% Rio Grande Do Sul Rome 6%s "< Sao Paulo State o Serbs Croats Slov Sweden 63 Swiss b%s Abram & Straus 5% Alleghany Co cv b8 Am Agri Chem 7348 '¢. Ain Sugar Ref s ‘37 Am Tel & Tel ey 4 % Am Tel & Tel s f bs. Am Writ Pap 6 . Armour & Co 4%8'39. 79% Armour of Del 5348 43 99% Atlantie Ref deb i.- 'I'l. 97% Beth Steel pm 6s ‘36 102% Beth Steel s f 6548, 63 Certain-teed 6% 81948.... 92 Chile Copper 5s *47. 59% Colon Oil 6s°38.. .., 96% Columbia G&E deb 5: 80 Comm Invest 5%8°49. 88% Comm Invest deb s °48. 62 Con Coal (Md) 1st ref b: 39% Cuba Cane Sug cv deb 104% Detroit Edison ref és *40. Dod; 98 Humble Ol & R5%8°33 89% Inland Bteel 4 Inter Paper 68 A 109% Inter Tel&T cv 43839, 86% Kendall 5% 48 (war) Lorillard 548 ‘37, Manat! Sugar s £ 7%8"43. Midvale Steel b3 5 Montana Power 58 1943 92% Nat Dairy Prod 5358 48 20% Nat Radiator 6348 1947 New England Tel b5 4 N'Y Edison 15t 6148 "41... 96% N Y Tel 4%8°39.. 104 NY Tel 1eees 95% North Amer Ed & 97% "Northern States Power 63 99 Pacific Gas & Elec 53°43. . 100% Pacific Tel & Tel bs 101 Pan-American 6s'34. 91% Paramt-Fam-Lasky 6 95% Philadelphia Co 58767, ... &0 Phlla&Read C&1 63 wi'49 85 Philips Petrolm 5%8°30. . 88% Postal Tel & Cable 53 '8 135 Public Service 4%848. .. 88 Remington-Rand b%s 47 98 Sinclair O 96% Simclair O1l 92t Sinclair Cru 89% Sinclair Pipe Line 55 101 Southwesn Bell Tel bi 100 Stand OIINJ 6s.. 91% Stand Oil N Y 4% 88 Tenn Copper 92 Transcon Oil ¢ 87 80% U S Rubber 1st & ref 96% U S Rubber 714330, 95 Utah Power & Light bs. .\ 86% Utllitles P& L 5%48°47 83% Walworth 6s'45... Stock anddividen: 160 US Steel Corp (18) 137 U S Bteel Corp pt (7) 55% U S Tobaceo.. ... 25% Universal Leaf Tob (8). 3 UnivPlpe & Rad. . 24% Utll Pow & Lt A (e2) 3 Vadasco Sales.... 35 Vanadium Steel (14) 38 Vick Chem Co (23%). 3% Virginia-Caro Chem. 15 Va-Caro Chem 6% pf. 69 Va-Caro Chem pf (1).... 40 Wabash. 841% Wabash p 75 Wabash B (5)... 20 Waldorf System 100 Walgreen pf (6 22 Walworth Co (2 1% Ward paking B, 19) 15% Warren Fdy & Pipe (2). 4 Webster-Kiseniohr..... 20 Wessor. Zil & Snow (2). 49% Wesson O1l & Sn ptf (4). 16 Western Pacific. 37% Western Pueific pf. 160 Western Union Tel (8).. 36% Westinghouse Alr B (3) 100 Westinghouse E&M (4). 17% Weston Elec Inst (1)... 321 Weston Eleo Inst A (2). 30 West Vaco Chlorine(2). 19 W.ll ark Radio (c2) 26 White Eagle (3).. . 8 1 a2 80 102% 101% 82% s1% 101% 100 119 108% 101% 100% 104% 104 101% 101% 102% 101% 110% 106% 98% 97% 110% 109% 118% 117% 106% 105% 86 84% 88% S81% 98 96 9616 95% 102% 102 109% 100% 104% 101% 101% 10 97% 110% 117% 106% 85% 82% 98 964 102% 96% 13 86% 103% 91 - 100% 88% 97 101% 8% 87% 86 104% 10315 92% 9L 100% 100% 88% 87 9% 96% 1% 94% 103% 110 100 102% 1014 103% 102% 6% 102% 101% 102 104% 103% 104 101% 101 101 103 104% 105 60% 61 96 95% 83 88 100% 99% 89 86l% 9% 83 9% 88 94 62% 42 108% 107 108% 00% 99% 100 103% 102% 103% 9 9% 9% 26 24 25 106 104 104% 112% 111% 112% 9% 97 99% 107% 106% 106% 101 99% 100% 102% 101% 102% 101% 100% 101% 105 108% 103i4 104% 103 103% 1 98 99% 93 98k 96 9% oly 92% 95 94 94% 186 175 184 95% 93% 93% 100 - 99% 101% 101 974 96% 95 104 108% 1 9% 98% 99% kS 94 95 024 103 9% 97 96Y% 98% 98 99% 6 100 89%, 88 (Continued From Sixth Page) Bigh. Low. Close. 183% % 68 38 4% 168% 38% P I N A R T L T ¢ Ty ) 11226 11216 11219 — .2 & FREPFR EEHEEL 4 db b4t 2R eE 1 E & + oLt L 13 -% -1% 95 94%—14% —-1% +3% +2 +3 +1% +1% —4 + % - % +3 ha + 4 61%— 2% + % +2% 22 =T Feren yFasFeseden 41+ dttd bt A +14 1% Net Chge. +20% + 1 1% 2 SMETEY H ;m—fi sEFER % P ESCsRERCRERRE Rt 'C, DECEMBER 8 192 FINANCIAL Sieh. Low. + 104% 85% Walworth 6%s°35....... 111 105'% -Western Union Tel 6%s. 103% 96% Wilson & Co 1st RAILROAD. a1 ;‘!fi Afeh, To & S Fead) ¢s 95 90 91% Boston & Maine 5s 86 Brookiyn Manhat 1stés & 97% Canadlan Natl ¢%s ‘30 90 " Canada National 4%s 90 Canadian Natl 4%s 57 80% Canadian Pacific deb 4; 87% Central Pacific 4549 99 Central Pacific §s 19 93 Chesapeake Corp bs 981 Ches & Ohtocv 4% 91% ChiR1 85% ChiR I & Pac4%s w.i 90% Chi Union St 55 80 Den&Rio Gr Westn 53'78. 98% Detroit United 4%s 32 102 Grand Trunk s fdeb 106% Grand Trunk 7; 91% Great North 4 104% Great North dy 58 '57. Hud & Man ref bs'67 Illinols Central ref 4s°55. fllinois Central 4%s '66. , Inter Rapid Tran bs Inter Rap Tr 65 sta ‘68 fnter Rapld Trans 6s ‘33 Inter Rapid Trancv 7s... Inter & Great Nor adj Inter Ry Cent Am 6343, fowa Cent ref 4: a City Sout City South 5s°50. Kan City Ter 1st 456 Lake Shiore 45 '31. Lehigh Valley cn 45 2003, Louls & Nash uni 4s°40. Louls& Nash 7s, 1930. Market Street Ry 7s A MIlEl Ry & Lt 1st Minn & St L ref 48’4 MS3tP&SSM6EY%s Mo Kan & Tex 1st 4s Mo Kan & Tex adj 5s Mo Kan & Tex pr Mo Pacific gen 4s Missouri Pacifio 1 1 e §688 &StLref5%sB 1 &St LésA1931,. 1 ven deb 4s'57.. - zzzz;zzzz D227 e @ e Pennacn 4 Penn Pennsylvenia 7830, Reading 434897, . Rio Gn‘nfl“w-n col RLATK& L 44834 97 8tk Ifon Mt gen 68 1931., 1. kl R&G4'2.. South Pacific ref 4s ‘55, Southern Pacific ¢ %. 88Jk Southeri Ry gen ¢ Southern Ry ist 63 ‘94 Southn Rw; gen 6s 19! Soutnern Ry dev 6%a Third Ave 1st ref 99% Virginia Rty 1st ‘2 Va Ry & Power b Wabash 438 1978, Wabash 1st §s '3. Wabash §s B 1976 zlhllh 53%8°76. 1928, Low. ' Stock' and Y 23% White Motors (2) 27% White Rock-Min Sp (14) -1 te Sewing Macnine. . White Sewing M pf (4).. Wilcox Ol & Gas. .. ;vvuml Rich (A) 3%. {lcox Rich.B (e2)..... Willys-Overland (c1.20). Wilson & Co. ... Wilson & Co (A)... Wilson & Copt.. Woalworth Co (2.40). Worthington Pump. ... Worthngton Pump A (7) Worthhgton Pump B(6) Wright Aero (2). Wrikley W (4 Yale & Towne (5). ¥elow Truck & Coac! Young Spring (3). . Youngston Sheet & T 108% 41 99 101, 99. Youngstown Steel bs'78.. 101 N “Hish. Lew. Clese. Chre. 93 107 97% 100% 96 95 43 108% +1% 99 +2 101 * % 89% — K 98% + 1 134% + % 93% +1% 99+ 4 9% — % 9% + % 102% 89% a1l 85 ki 97 LIl 44 FEEE REZTSRRELE 100 90 95% 01% 89% 00% 061 06 01% 961 100% Zanith Radlo (2)....... 12% * -%" AHis Chalmers, Dec 31.. % Am Rolling' Mill.Feb 15 * ¥ Bucyrus Erfe....Dec 30 % Columbn Carbon Nov 10% Det Edjson Dec 23. . 5% N.Y Central..,..Jan 31 3% Pennaylvania R R (rts). % _Reynolds Spr....Jan 24 %Utd Gas Improv, Dec31. 22% 6 -+ ‘RIGHTS—EXPIKE. % 1 U 4% e+t 3% " % — % 1% %+ % - Dividend rates as given in the above table are the annual cash Sasments based on the latest qusrterly or nali-yearly declarations 8y h Pl 0% stock. 1Plus in stock. © Plus 6% ble in cash OF arLly stock. | Pl iPartly extra. 1Plus 3/28 #hare in stock. o Plus 3% In TRADING GAIN SEEN AT D. C. MARKET AS HOLIDAY NEARS (Continued From Fifth Page.) ! and fattened them, but the turkeys simply refuse to take on weight when penned up.” Chickens, keats, ducks and geese continued in plentiful supply during the week. Fruit and Vegetable Review. ‘The daily market report on fruits and vegetables (compiled by the Market News Service Bureau of Agricultural Economics) says sales to jobbers ex- cept where otherwise noted: Apples—Supplies moderate; demand light, market steady; barrels, Virginia, U. 8. No. 1, 2% inches up, Yorks, 4.50a 4.75; boxes, Washington, extra fancy Deliclous, medium to large size, 3.75; extra fancy Staymans, medium to large size, 3.00a3.25; bushel baskets, Penn- sylvania, U. 8. No. 1, 2!, inches up, Grimes, 2.25; Virginia ,U. S. No. 1, 2% inches up, Yorks, 1.50a1.75; Stay mans, U. 8. No. 1, 2'; inches up, mostly ;r;)‘;md’z.nn; few fine quality high as Cabbage—Supplies moderate; demand moderate, market firm; New York, 100- pound sacks, Danish type, 1.85a2.00; South Carolina, barrel crates, approxi- mately 100 pounds net, pointed type, 2.7523.00; 1':-bushel hampers, pointed type, mostly 1.75; few low as 1.50. Celery—Supplies moderate; demand moderate, market steady; New York, ! 243 crates, 3.25a3.50; California, crates, 5.5026.00; few 6.50; 12-inch crates, 8- dozen stalks, few sales, 4.00a4.50. Lettuce—Supplies moderate; demand light, market steady; California, crates, Iceberg type, 4-5 dozen, 5.00a5.50. Onions—Supplies moderate; demand Ohio, 100-pound sacks, yellows, U. S. No. 1, medium to large size, 2.00a2.25; Michigan, 50-pound sacks, yellows, U. 8. No. 1, medium size, 1.10al1.15. Potatoes—Supplies moderate; demand light, mgrket steady; Maine, 120-pound sacks, Green Mountains, U. S. No. 1, 3.65a3.75; New York, 150-pound sacks, round whites, U. S. No. 1, 4.25a4.50. String beans—Supplies moderate; de- mand moderate, market steady; Florida, bushel hampers, green, best round type, 2.75a3.00; flat type, 2.25a2.50; few higher; 3-bushel hampers, flat type, 1.75. Cucumbers—Supplies light: demand light, market steady. Florida, bushel hampers and square bushel crates. fancy, 4.00; best, 5.00; choice, few sales, 3.00. Squash—Supplies light; demand light, market steady. Florida, pepper crates, white, medium size, 4.00a4.50; large size, 3.00a3.50. Eggplant—Supplies light; demand Jight, market dull. Florida, pepper crates, fancy, medium size, 3.00a3.50; few fine quality, higher; small size or- dinary quality, 2.00a2.50. ‘Tomatoes—Supplies _light; demand light, market steady. California, boxes, ripes and turning wrapped, best, 4.00a 4.50; ordinary condition, some decayed, low as 2.00. Ohio, 8-pound baskets hothouse, medium size, mostly 1.75; small size, 1.25a1.50. Kale—Supplies liberal; demand mod- erate, market steady. Virginia, Nor- folk section, veneer barrels curly, 1.00a 1.25; few, 1.35. Spinach—Supplies liberal; demand moderate, market dull; considerable or- dinary quality and condition Virginia, Norfolk section, bushel baskets Savoy type, 75a1.00; poorer, low as 25. Cauliflower—Supplies light: demand light, market steady. California, pony crates, 2.75a3.00. Long Island, crates, few sales, 3.50. Peppers—Supplies light; demand light, market steadv. Florida, pepper crates, fancy, mostly 8.00; some fair quality, 7.00. Carrots—Supplies light; demand moderate, market firm. California, Western lettuce crates, bunched, best, 3.50a3.75. Oranges—Supplies liberal: lrl;loderlu, market dull. 0. demand Florida, boxes, 1, medium size, 4.00a4.2! large size, 3.50a3.75. Grapefruit—Supplies moderate: de- mand light, market steady. Florida, boxes, No. 1, medium size, 4.25a4.50; large size, 3.7524.00. NEW LONDON THEATER TO CATER TO MASSES Stage and Film Guild Project Put Forward by Independent Labor Party. LONDON g —A mnew the- atrical project which has been put forward by the Independent Labor party and has the support of several members of the Government, including J. R. Clynes, home secretary, and Sir Charles Trevelyan, minister of educa- 3°?,‘ is “The Masses’ Stage and Film Its object is to present plays and films of “democratic significance” at prices within the reach of working- class audiences. The annual subscrip- tion will be sold at 1 shilling and 2 shillings each. 5 At first, performances will be given theater lent for the purpose, but later, If the plan is successful, it is hoped to establish a people’s theater. Many well known theaterical people, Including Miss Sybil Thorndike and her husband, are interested in the project, and the plays will be given with pro- fesslonal West End casts, ‘The first production, in February, will be Upton Sinclair’s “Singing Gaol- birds.” It is also proposed to put on some expressionist plays by Ernst Toller and Georg Kaiser, and it is likely sev- eral Russian films, including “Potem- kin,” will be shown. As the guild will be a subscription theater it will not be subject to censorship. Two bright new musical shows re- cently made their appearance in the West End. One is “Dear Love,” at the Palace, a bright song and dance show typical of the entertainment usually put on at this theater. Its principals are Annie Croft, Tom Burke, th< tenor, who is making his debut in musical comedy, ane Sianey Howard, the York- shire comedian. The other show is “The House That Jack Built,” at the Adelphi. Its par- ticular stars are Miss Cicely Court- neidge and Miss Helen Burnell, Ameri- can dancer. The lyrics are by Ivor io.\::lu. and the book is by Ronald (Copyright, 1929, by North American News- paper Alliance Brazilians Get Potatoes and Fish From Other Countries. DIO DE JANEIRO, November 30 (). —Brazilians eat huge quantities of pota- toes and dried fish, but both items are largely imported. And that despite fertile soil adapted to the raising of the tubers, and 4,000 miles of coasb off which fish of every variety abound. Last year the country pald $10,000,- 000 for fish that had been dried, smok- ed or salted in other countries, and the potato imports cost nearly $1,500,000. The fish question is more compli- cated than a mere matter of casting nets into the sea. The Brazilian fisher- men catch only enough to supply the demand for fresh fish and keep prices at an exorbitant level. The truth of this latter statement can be gauged from the fact that shrimp sold here at $3 a pound. 4} Restaurant proprietors and fish deal- ers say that the supply is scant and prices high because forelgners are not allowed to fish in Brazilian waters. A sweet potato weighing 14 pounds was grown by Lizzie Robinson of Sumter, 8. C. w y- | Cumberledge; light, market steady; New York and Da Sunday nights only at a West Endj MEETINGS THIS WEEK. Col. James S. Pettit Camp, 1 | Tuesday night, 921 Pennsylvania avenue southeast. Gen. Nelson A. Miles Camp, Fri- day night, Pythian Temple, Admiral George Dewey Naval Camp, Friday night, Northeast i Masonic Temple, Eighth and F streets northeast. 1 Col. James S. Pettit Auxiliary, | | Thursday night, Potomac Bank | | Building, Wisconsin avenue and M street northwest. | Gen. Nelson A. Miles Auxiliary, | | ¥riday night, Pythian Temple. The Col. James S. Pettit Camp at its 'lost meeting nominated the fotlowing officers: Commander, Charles A, Stro- bel; senior vice commander, Edwin J. | Robb; junior vice commander, Monroe ! C. Moxley; officer of the day, Albert O. i officer of the guard, Harry Pixton; trustee, William T. Ryan. { Edwin J. Robb, chairman of the sick | committee, reported Frank W. Smith in the Garfield hospital. ¢ ‘The Pettit Auxiliary' was to be en- tertained. Department Commander Laorin C. Nelson delivered an address, Edwin Halpin gave a recitation, Senior Vice Department Commander Benjamin F. Motley and Past Department Com- manders Arthur H. League gnd Samuel G. Mawson also spoke. | The following officers were elected at the meeting of the Gen. Henry W. Law- ton Camp last Monday night: Com- | mander, George J. McDermott; senior vice commander, Arthur G. Webster; vice commander, Albert A. ; officer of the day, Chauncey L. officer of the guard, Matthais Cressman; trustce, Edward C. Barstow; Junior Glaze, | Glaze reported Sydn auditors, James L. Dawson and Charles Alger. Representatives of the Reserve Offi- cers’ Association of the United States, the Reserve officers of the Nav', and of- ficers of the National Guard assembled in Washington last week and for the first time collectively formulated plans for more adequate national defense. As a result of the discussions there will be introduced during this session of Con- gress at least two measures affecting the Reserve component ofshe Army of the United States. The first is that pertaining to the creation of a Reserve Division within the War Department. while the other proposal,.in which all Reserve officers are vitally interested, will be the measure providing for the training of not less than 25,000 Reserve 1 0“]1(:;;5 during the fiscal year from 1930 Under the limited appropriations that have been authorized by Congress for the past several years, approximately 15,000 or 16,000 Reserve officers have been trained annually during the Sum- mer camps. This means that if tne training of the various Reserve officers were rotated, each Reservist would recelve active duty training about once in six or seven years. In view of the economy survey of the military expendi- tures that has been instituted, it is indeed problematical that there will be any loosening of the purse strings for Reserve training activities, although-th:» three crganizations named above will make strenuous efforts to the contrary. That there is great need for the trai | ing of more Reserve officers at the Sul | mer camps is admitted, but suun§ op- position will be encountered, it is feared, when the Reserve figures, if they are ncreased, go under the scrutiny of the Budget Bureau. Among the officers attending the conference last week, were: Maj. Gen. A. F. Foote, president of the National Guard Association; Brig. Gen. Edward Orten, jr.; Brig- Gen. D. J. Hard, Brig. Gen. Milton A. Reckord, Brig. Gen. Henry J. Reilly; Col. Walter C. Cole, president of the Reserve _ Officers’ Association of the United States; Col. Edward J. Robert- son, Col. F, M. Waterborg, Capt. J. A. Schofield of the Navy, and Comdr. T. S. Wilkinson, U. S. N. | | | Maj. Gen. C. H. Bridges, Adjutant General of the Army, announced last | week the suspension of appointments | and transfers affecting six branches in | the Officers’ Reserve Corps. With the exception of applicants eligible and qualified for appointment in the Reserve under Army Regulations 140-10, pertain- ing to the National Guard; 145-10, pel taining to the Reserve Officers’ Train | i ing Corps, the Citizens’ Military Training Camps, ! appointments in all grades in the sec- tions indicated below are suspended and ino applications for appointment in those sections will be forwarded to the War Department. These sections are: Adjutant General's Department Re- serve (including appointments for postal duty), Finance Department Reserve, Judge Advocate General’s Department Reserve, Military Police Corps Reserve, Quartermaster Corps Reserve and the Signal Corps Reserve. Cavalry Reserve officers will gather | | at Fort Myer, Va., today at 9:30 o'clock to receive instruction in equitation un- der the direction of Maj. John A. Con- sidine. ~ Six instructional conferences will be held this week by as many local Reserve Units, viz, Ordnance, Chemical Warfare Service, Air Corps, Coast Artillery Corps, Finance and Quartermaster Corps. At the Ord-| nance meeting, to be held in room 3512 | Munitions Building tomorrow evening, there will be taken up special assign- ments of the medium maintenance com- pany under the direction of First Lieut. E. W. Smith. The same evening, at lo- cal Reserve Headquarters, Capt. A. H. Waitt, will lecture to the Chemical Warfare Reserve officers on recent chemical progress and the Chemical ‘Warfare Service. ‘Two conferences will be held at head- quarters Tuesday evening, namely, the Air Corps and the Coast Artillery Corps. Maj. D. B. Netherwood, wiil | lecture to the Air Corps Reservists on the new pursuit airplane and the trend tcward biplane pursuit. The “subject to be discussed at the Coast Artillery | meeting will be announced later. The Finance conference, Thursday under the direction of Capt. John Ver- | non, will take up property accounting, transfer of property accountability, | property records, and the preparation of | property accounting vouchers, Reserve | quartermasters of Washington will also meet next Thursday under Capt. W. R. fi,mr. to discusy company administra- jon. The last of the three subcourses af the Army War College, to which Re. serve officers are detalied each year, be- gan last week, with seven Reserve off! cers present. This is the G-2, or mil tary intelligence course, and it will con- tinue until December '24, 1929. The | Reserve officers undergoing this course of instruction in the War Department are: Col. Albert Pfeiffer, Medical Re- serve; Lieut. Cols, Norman Meranus, In- fantry Reserve, and Claire I. Welkert, Military Intelligence Reserve, and Majs. | illiam C. Wilson, Infantry Reserve; George A. Bonnet, Fleld Artillery Re- serve; Michael E. Cassidy, Military In- telligence Reserve, and Berge E. Leon- ard, Military Intelligence Reserve. The follow; changes in the as- signments of local Reserve officers were announced by Reserve headquar- ters: The following second lieutenants have been assigned to the 80th Divi- sion: Morgan B. Callahan, Finance Reserve, 2438 Twentieth street; Wil- liam H. Scott, Infantry Reserve, Bu- reau of Printing and Engraving; Ralph A. Hammar, Signal Reserve, 1506 Twenty-first street, and William L. An- derson, eer Reserve, 1321 Fair- mont street. Cap:. Edward L. Potter, Infantry Reserve, 3601 Connecticut ave- nue, having been transfe ! , and 350-2200, pertaining to | The camp appropriated $25 to be presented to the recently organized Lawton Auxiliary. James L. Dawson reported that Senior Vice Commander Arthur G. Webster, who has been in the Naval Hospital, had been transferred to the Brooklyn Navy Yard Hospital for fur- ther treatment and Officer of the Day R. Jacobs in the Walter Reed. Hospital, improved. Department Commander Lorin - C. Nelson and Department Adjutant A. Eugene Pierce gave ad Charles P. Galpin, commander of the Gen. Nelson A. Miles Camp in a bulle- tin announced that the installation of the camp officers-elect will be held January 10. Plans are being made for th: Navy Band to furnish music. , Commander Galpin expressed ap- ‘preciation for publicity for the camp secured with the assistance of A. Eugene Plerce, P. E. Shomette and Past De- partment Commsander James E, May- nard, department chairman of pub- licity, and for the co-operation of De- partment Commander Lorin C. Nelson, Past Department Commander James G. Yaden and President Helen M. Kenni- cutt, of the Miles Auxiliary, who gave valuable assistance in the activities of the camp. The Admiral George Dewey Naval Auxiliary at its meeting last Monday night elected the following officers: President, Katie LeLaurin; senior vice president, Ida Kimmerling; junior vice president, Mary Lipscomb; chaplain, Elizabeth Titlow; patriotic instructor, Hannah O'Keefe; historian, Esther Quinn; conductor, Mabel Hessen; as- sistant _conductor, Lulu Lynch; guard, Carrie E. Berry; assistant guard, Mil. dred L. Kirby. Mrs. Rita E. W. Callahan and Mrs. Mildred Kirby were mustered into ac- tive membership, Organized Reserves serve, 3510 Albemarle street, havin, moved beyond the division area, is r:'- lieved from assignment to the 320th In- fantry.. Second Lieut. Louis M. Swin- gle, Finance Reserve, 932 Farragut street, having enlisted in the District of Columbia National Guard, is relleved gum assignment to the Finance Sec- ion. First Lieut. Lloyd E. Kelly, Infantry Reserve, 1414 Pennsylvania avenue, has been promoted to the grade of captain, his assignment to the 320th Infantry remaining in effect. Maj. William L. Peak, Infantry Reserve, 200 Nineteenth street, southeast, has been promoted to the grade of lieutenant colonel, Infan- try Reserve. Lieut. Col, Peak has been assigned to the 317th Infantry. Sec- ond Lieut. Arthur W. Greenwood, In- fantry Reserve, 405 Eleventh street northeast, having moved beyond the di- vision area s »'' ° from fo_the 320th Tnfantry. First Trust Notes Now Available 6% JAMES F. SHEA 643 Louisiana Ave. N.W. ENTERPRISE SERIAL BUILDING ASSOCIATION 7th St. & La. Ave. N.W, 63rd Issue of Stock Now Open for Subscription Shares of Stock, $1.00 Each Payable Monthly James E. Connelly James F. Shea P t Secretary s b\ First Mortgage Notes 6% Glover & Flather 1508 H St. N.W. - Naticnal 1753 WE WILL BUY Racquet Club Bonds. 4 Federal Security & Mortg. Units. S. W. Straus Bonds (all issues). Bank of htwood. Real Estate Mortg. & Guar, Yas Capital City Co. 508 Washington Bldg. Phone District 8291-8208 We Buy and Sell ALL’ 1SSUES Bank_and Insurance Co.'s Heneficial Loan F. H. Smith Co. Investment Trusts S. W. Straus & Co. Mehlman & Co. Woodward Bldg. Dist. 8848 The Commercial National Bank Pays interest on DAILY BAL- ANCES on Savings Accounts. Interest starts from DAY of deposit and earned to DAY of withdrawal. Come in and let us explain Resources Over $20,000,000. 14th & G Streets R. GOLDEN DONALDSON, President Money to Loan Secured by first deed of trust om real estate. Prevalling interest and commission. Joseph 1. Weller &8 Wash i & frast Established 13! INVEST IN First Deed of Trust Notes 6% & 6%% 5250.00. "50i00 " 2ed "51,00%.90 Consult WELC Realtors Loan Specialists 5 N.Y. Ave. Ny "Nationai Gavings & trost Building. Offices for Rent in the Chandler Building 1427 Eye St. NN\W. IN the heart of Washington's financial district. Single Offices and Suites. EATURING free secretarial service, public stenographer, ice water on each floor, high- speed elevators, excellent outside light and Venetian blinds at all windows. i |SHANNON- & LUCHS Managing Aognts 1435 K St. . Nat. 2345 3500 New Amsterdam $14% 1st Ret, $500 Ia:‘r:n Apt. 1st and Ref. 6% %, 1943, $1,500 Smith Bidg. 1st Mortgage 6%, s 000 Pelimm Terrace 1st Mortgage "9, 1933, Bid. $1,000, 2100 Mass, Ave. 1st Mortgage n.mlci-n.;.'.u Apt. 1st Ref. 835%, $1,000 Arlington Apt. 1st Mortgage | 616%, 1943, @ 75. $3,000 Corcoran Courts 7%, 1935, $1,000 Arlingion 1st Mortgage " 84%, 1943, @ 75. 15 Units' Wardman & Dfiefln:.’a 3234, « 20 F. H. Si 7%4% ptd. @ 35. 2 F. H. Smith 7% ptd. @ 30. 35. 50 Great National Insurance @ 14. 100 Vasco Products 8% pfd. @ 6. THOMAS L. HUME 1412 G St. . Nat'l 1346, 1347 THE IDEAL INVESTMENT UNQUESTIONED SAFETY BECAUSE the Bonds of the Federal Security and Mortgage Company are: Secured by small mortgages on properties in the District of Columbia. Guarantecd by a strong independent Surety Company, with resources of over $5.000,000.00, under State and Government supervision. Further guaranteed by the Federal Security and Mort- gage Company, with a capital and surplus of over $750,000.00. Trusteed by a large National Bank. Mortgages appraised by independent experts of known reputation. 6. Legal investment for National Banks and Insurance Companies. Federal Security ¢ Mortgage Co. 1522 K Street N.W. CAPITAL & SURPLUS OVER ‘750.002.00 ferred in grade to_ the Coast, Artillery Reserve, is e relieved from -ulznmm the 502nd Tank Maintenance Company. Second Lieyt. Herold R..Stephen, Infantry Re- |