Evening Star Newspaper, July 8, 1930, Page 10

A—12 TOTTEN T0 ATTEND ARCHITECTS' MEET Local Man One of Five Dele- gates Representing This Country. Secretary of State Stimson has named five delegates to represent the United States Government at the Twelfth In- ernational Congress of Architects, to be held in Budapest, Hungary, September 7 to 14, it was announced today. ‘They are: George Oakley Totten, jr. of this city, secretary of the Permaner | Committee of the American section ¢ the congress; Cass Gilbert of New Yor: chairman of the Permanent Committee Prof. William A. Boring of Columbi University, New York; Dr. C. Howarc Walker of Boston and Prof. Warren P. lalrd of the University of Pennsyl- vania. ‘The American Institute of Architects and members of the Permanent Com- mittee of the American section of the congress will extend an invitation to FINANCIAL. GEORGE OAKLEY TOTTEN, JR. —Underwood & Underwood Photo. HOLLAND LIFE MOVES IN LEISURELY MANNER the congress to meet in the United | States in 1933, at the time of the ‘world's fair at Chicago. Most of the meetings would be held in Chicago, pro- vided the invitation is accepted, it is pointed out, although there also would be meetings in this city and in New York. The congress has never met in this country. It has held meetings in Brus- sels, Paris, Madrid, London, Vienna, Rome and Amsterdam. Many subjects | of international interest to architects are discussed at the meetings. OLIVE GROWERS SEEK SUBSTITUTE FOR LABOR| Prize Offered for Invention to Gather Fruit—Must Be Done Carefully. ;. The olive growers of Tunis, Africa, ibeing threatened by a lack of labor, the :situation became so critical that they ibanded m” and offered a prize for some met of gathering the fruit, .which must be handled carefully. ¢ The contest brought out three out- :standing methods, each having some imerit, and the prize was shared among ‘the three inventors. The first prize iwent to the designer of a harvester »which made use of a jet of air for “picking the fruit. ‘The process, o ever, was not all that could be de- sired, and another prize has been of- fered for its further improvement. ROAD SWEEPER WINS PRAISE FOR PAINTING Thinks Out His Creations While ‘Working—=8tudio in Hum- ble Home. The English town of Folkstone re- eently had an art exhibition of the local talent and one of the best specimens of painrting was the work of F. Castle, Wwho earns his living as a road sweeper for the Folkstone Corporation. He has a humble home with a studio in the attic. “I think out my pictures as I work on the roads,” he said, “and then I spend the wesk ends tting them on the canvas, for that is only time I have. Nobody taught me to paint. I suppose I must have a natu- ral gift. Some day we shall be wise enough to organize work so that every- body with natural 'ts will have enough leisure to develop them. Then the world will be a brighter and a happier place. Convent in the Clouds. If you want to see a real medieval convent in Italy go to Tuscany, and from Bibiena you will be able to get to La Verna, the convent on the rock, either on foot or in & ca . La Verna is indeed on the summit of an impressive rock, a strange wooded height amid barred lands. It was given ; to St. Francis of Assisi by Conte Ca- tani, lord of Chiusi, in 1213. Here the saint lived his hermit life, and it is affirmed to be the scene of his stig- mata in 1224. Within are many fine works of art, and in the little Church of the Angels there is some Della Rob- bia. The surrounding forest is mag: nificent, and the view from La Penna ‘will be ample reward for the climb. W Narrls, Porbes & Company Hustle and hurry seem to be associ- ated with travel everywhere except in Holland. In Holland you find more travelers in repose than elsewhere. In- stead of the automobile, the leisurely | bicycle wheels along, instead of the | | rushing train, the gentle canal boat with its noiseless use of wind and wa- ter cares for your pilgrimage. Little single-street towns, with gar- dens dipping into the water, slip quietly into cities whose streets are water, and a fretwork of multi-colored houses, em- bowered in groups of playing children, lie amid long meadows that have never known the headlong peevish haste of the flying hours. opened 1508 H STREET WASHINGTON, D. C. THE EVENING STAR, WASHINGTON, D. C, TUESDAY, JULY § 1930. HOPE OF MAKING D. C. LOVELIER HELD BY NEW COMMISSIONER Special Dispatch to The Star. ST. LOUIS, Mo., July 8.—Maj. John C. Gotwals, St. Louis district engineer for the War Department, in comment- ing on his appointment as Engineer Commissioner for Washington, sald to- day: “The highest hope of any engineer well might be to have an opportunity to try to make even a more beautiful place of the lovellest city in the world.” Maj. Gotwals has found little oppor- tunity to satisfy his desire to produce something to be commonly recognised as beautiful, for his work has been with the Mississippl River, stubborn Maj. John C. Gotwals Calls It Highest Opportunity Any Engineer Well Might Have. and relentless foe of navigation and lowland agriculture. ‘Three years ago, he married Miss Muriel Clemens of St. Louis, a distant cousin of Mark Twain, who was an intimate friend of her father, Dr. J. R. Clemens. Mrs. Gotwals is related to the Mullanphy and Boland families, rominent the. development of St. s, Ma). Gotwals is a member of the Mississippl and Tllinois River Commis- slons, the waterways division of the American Soclety of Civil neers and resident of the Propellor Club, an or- ization of St. Louls steamboat men. \ |FREE STATE ASSUMES REPUBLICAN BONDS Parliament Decrees That Money Raised on Such Issues Shall Be Fully Paid. DUBLIN (#).—The Irish Free State |raised by republican bonds in Ireland |and the United States can be regarded as a national liability and fully paid. pared to pay the balance to bondhold- ers, though there is no compulsion to do so, and the liquidation is within the discretion of the minister of finance. Some speculators in Ireland bought up bonds at a cheap rate. But the government will only pay either the original subscribers or those to whom the bonds may have been transferred for full value. This ruling applies also to America. a special ESTABLISHED 1899 BANKERS | Investment Bonds ELL informed opinion, in which we concur, that recent readjustments in money and security markets should bring about an increasing demand for investment bonds. We shall be pleased to mail a carefully selected list of Investment Bonds upon request. Harrls, Forbes & Company @round Floor, Weodward Bidg., Washington, D. C, Bostes Hassls, Forbes & Co., Loty Lenden Bend Department Marels Trust end Savings Besk Chicage Marria, Porbes & Co Pusle | Parliament has decreed that the money | such.” Bustneas and visiting cards are ‘The Free State Government is pre- | HOLES IN ROCK PROVE G MATRIMONIAL AGENCY Visitors Leave Messages in Curious Declevities in Wind Cave of South Dakota. In the Wind Cave, south of Custer, S. Dak,, there is rather curious forma- tion of indentations in the rock in somewhat regular order which suggests the boxes of a post office and visitors to the cave have made use of these as left in these holes and also written messages of one kind or another. It is regarded as entirely permissible to read or even remove these missives if any of them are found of special interest, and the result is that the cave has taken the form of a matrimonial agency. Ac- quaintances have been made in this manner that have ripened into love matches through the espondence that resulted. coi'r —— Persia sent $8,000,000 worth of prod- ucts to the United States last year. QDD LOTS ON account of the large increase in " odd lot business, our Main Office has Odd Lot Department and we will carry, on conservative margin, accounts of ten shares or more. Mackubin, Goodrich & Co. Members New York and Baltimore Stock Exchanges Associate Member New York Curb Exchange REDWOOD & SOUTH STS. BALTIMORE, MD. We recommend consideration by investors — private and institutional — of the advisability of the immediate employment of available funds in the purchase of investment bonds at current levels. Haarts, Forbes 8 Company Limired Mootaal Teremtn FISHER BODY PLANT STRIKE IS QUIETED 3,500 Men Announced Work- ing, With 1,000 More Seeking Jobs. By the Associated Press. FLINT, Mich, July &—The labor troubles which have centered about the No.'l plant of the Fisher Body Cor- poration here for the past week ap- peared to have ended today, as the fac- tory carried on its operations with two- thirds of its normal force. Factory officials announced that 3,500 men were at work. About 1,000 more were lined up at the employment offices. Leaders of the striking employes, who walked cut last Tuesday, insisted that the strike had not been broken. A dele- gation of strikers planned to seek an interview witn R. J. Whitting, plant manager, today. Whiting, who Satur- day offered thc workmen their 1929 pay scale with a six-month guarantee, said he wbuld not grant another interview. During the night 17 persons, a num- ber of them alleged labor agitators, were arrested. Among those held was Robert Woods of the Detroit, Mich., branch of the National Auto Workers’ Union. The police raided an alleged Com- munist gathering and arrested 13 men with a quantity of literature. The as- sembly was saic to have no particular connection with the present controversy. - & Insurance company records show that 116,000 automobiles were stolen in the United States last year. Oc- tober and November are the busiest car-stealing months. Money to Loan Secured by firat deed of trust on rea) estate. Prevailing interest and sion. Joseph 1. Weller 24-Hour Purkil:g. Bas: Investmont 3 R & R 'y D1 omth. TRUSTEED SHARES —the IDEAL vestors who _di SAFETY, YIELD and GROWTH of principal. Specially suited to long-term in- vestments for Individuals, trust funds and funds of organizations. Sold in Lots—$100.00 Up Call or Write Standard Collateral Shares Corporation | wooawara . Met. 3787 Saul Building 925 15th St. N.W. Several desirable rooms at very reasonable rents. Inspec- tion invited. B. F. SAUL CO. Nat. 2100 925 15th St. N.W. New Issue Dated July 1, 1930 Coupon Notes in demomin, part, at any time including Jan State taxes mot exceedi ons of 81000 registerable as to forty-five days’ published motice, y 1, 1932, ve FOCH AND CLEMENCEAU REFUSE VOICE RECORDS Two Famous Frenchmen of Same Views When Invited to Talk on Discs for Posterity. PARIS (®).—Bitter critics of each other after death, time has revealed one thing in which Ferdinand Foch, | generalissimo of the allied armies in | the World War, and George Clemen- | ceau, “father of victory,” agreed. FINANCIAL. refused to record their voices for pos- terity on phonograph discs. A museum near the Invalides con- tains records of the voices of many who have contributed to the greatness of Prance. mrm by Raymond Poin- care, Aris other past and present government leaders are there. There are records, too, of such stage artists as Marcel Journet, famous basso, and Sarah Bernhardt. But every effort of the collectors to get records of the Foch and Clemen- ceau voices was Tebuffed. * Puture gen- | wary. erations, therefore, must use their im- aginations as to the tones that were wagging. i gt 0ld Sofa Valuable. CARLISLE, Pa, July 8 (#).—Nobody would remove an old sofa from the First Lutheran Church; it was unacceptable as a gift. Eventually a non-member offered 50 cents. Higher offers strayed along. The church. council became It _held an auction. The sofa brought $1,006. the buyer being de- lighted with a Chippendale of the 1750 . Both' used when they spoke so bitterly of period. Look through Plain Glasses Last year everybody was looking through pink glasges This year everybody is looking through blue glasses you look through plain glasses you will see that business as a whole is about 919, of normal that employment is about 95% of normal that retail sales are about 979 of last year that grocery sales are practically the same as last year that regular interest and dividends are being paid practically as usual that the buying power of the average person is nearly the same as usual in short, that the 30,000,000 families go on working, earning, buying, and spending almost as much as last year which was an abnormally high year and that the 2,250,000 business establishments go on operating, buying, and selling much as heretofore. Associated System Shows Gain Associated System gas and electric out- put shows a normal two-year gain over 1928 and is ahead of 1929. Gross rev- enues are ahead of 1929, sales are materially ahead of 1929. Seen through plain glasses, 1930 is close to normal in the normal for- and appliance ready here. ward march of business. The up-turn in the present temporary “offness” will come when consumption has caught up with the 1929 over-production. Just when that will be no one knows. It will probably be soon, if the time is not ale To irivest or for information, write to Associated Gas and Electric System \ 61 Broadway @ New York City $900,000 East Coast Utilities Company (A Subsidiary of Empire Public Service Corporation) TWO YEAR 6% CONVERTIBLE SECURED GOLD NOTES Due July 1, 1932 100%; and acerued est, principal only. Redeemable at the option of the Company, as & whole or in to and including July 1, 1931, at 101 and accrued interest, thereafter to and and thereafter to maturity at the principal amount and accrued interest. ily July 15t and January 1st at the office of The Baltimore Trust Co r any Federal Income Tax mot to exceed 2%. Refund, as provided in the ng in the aggregate five mills per annum, Trustee. Interest pay- Note Agreement, of on each dollar of the principal amount of the Note. Each $1,000 Note by agreement with Empire Publ ic Service Corporation will be exchangeable at the option of the holder, to and including July 1, 1931, for 50 shares, and thereafter to maturity, for 40 shares, of Empire Public terest and current preferential dividends. privilege will cease 10 days prior to the dat THE BALTIMORE TRUST COMPANY, BALTIMORE, MD., Trustee The following information is furnished by Mr. F. W. W oadcock, President of East Coast Utilities Company: COMPANY AND TERRITOR iaries, a group of electric I North Carolina and Delaware. CAPITALIZATION: will be as follows: First Mortgage Collateral Gold Bonds—Series A 5! sdued First Mortgage Collateral Gold Boy ries A 5Y; %, due 1937, The capitalization of the East Coast Utilities Company, Two Year 6% Convertible Secured Gold Notes (this issue) . 6% Convertible Gold Debentures, Series A, due 1933, 7% Cumulative Preferred Stock (100 par Common Stock (no par value) % There are outstanding with the public $304.000 of bonds of ome subsidiary. imited by restrictive conditions of (b) 31,229,500 of Series C and $37,000 (a) L value) . of Series A Bonds (¢) All owned by Empire Public Service Corporation. (d) Of this amount 10,956 shares reserved for comversion of the Company's debentures. EARNINGS: Consolidated earnings of East Coast Util for the twelve months’ period ended May 31, 1930, after giving efiect to present finan countants, show Inl:lnu before interest, depreciation reserve and Federal Income Tax the com the public, th Flrl!_Mor!ll e Collateral Gold Bonds of the C ompany outstanding with the public, Gold Notes which will be secured by the pledge of 140% principal amount of First Mortgage Collateral Gold Bonds of th e months of 1930, gross earnings of the system show an increase of 17.5% more than twic pany, as hereinafter set forth. For the first fiv d annual interest requirements on earnings an increase of 18.1% over the same period of 1929. SECURITY: The pledge of of app with the public, those pledged as security First Mortgage Collateral Gold Bonds may never be less than 140% of Notes outstanding, The fo g is subject to Notes, in the opinion of Counsel, will constitute a by deposit with the Trustee of $37,000 of Series A and $1,229,500 of Series ks and-bonds, except $304, ,000, indicating, after deduction of for these Notes, the Y': East Coast Utilities Company, ight and power and telephone pro; nds—Series C 5%, due 1937 . ,000 principal amount, of one subsidiary company). recently appraised by Day & Zimmermann, Inc., and Whitman, over $5,900, a value of approximately $2,100 At (a) (a) . $1,250,000 $1,000,000 $2,000,000 (d) 12,500 shs. will be pledged to secure this iss Company and Subsi Service Corporation Class A Common Stock, with cash adjustment for accrued in- Jf these Notes are redeemed prior to maturity, the exchange e of redemption. a Delaware Corporation, operates through its subsid- perties in 225 communities in the States of Virginia, upon completion of present financing, Outstanding 1,425,000 (b) $1,229,500 (b) $900,000 $996,000 $679,400 12,500 shs. (c) f the Agreement of Assignment and Pledge but wot to amy specific amount. of Notes. ies (irrespective of dates of acquisition 4 as certified by independent public ac- es of $300,226.62, which is equivalent tc the $304,000.00 of subsidiary company bonds. outstanding with principal amount of bonds of sub: per $1,000 principal amount of First Mortgage Collateral The Note Agreement will provide that upon retirement of any part of the Notes, be withdrawn from pledge, provided that the principal amount of such Bonds shall and these Convert Secured igation of the Company and will be secured rst Mortgage Collateral Gold Bonds (secured by The depreciated value of the proper- Requardt & Smith, plus additions since the ry company outstanding Gold Bonds, including ore complete statements contained in the circular, a copy of which may be obtained on application Application will be made to list these Notes on the Baltimore Stock Exchange These Notes are offered when, as and emanent form is expected to he nney, Ober. Slingluft & Willin Mesars. Miles, Tingley & Bdgett, of Baltimore, The statements contalned In this advertisement are based made on or about July 21, m#, of Baltimore, for the Rankers, and b for the Company. Audits by Mesars. F. W. ‘WE RECOMMEND THESE NOTES FOR INVESTMENT PRICE 100—TO J. A. W. IGLEHART & Co. WASHINGTON, D. C., and BALTIMORB, MD. CITIZENS & SOUTHERN Co. SAVANNAH, GA. on purchase of t rma tion which we. rega; Notes for our own Accoun YIELD 6% Legal detailn in connection with this issne will be ¥ Messrs. Chadbourne, Hunt, if issued and received by us and subject to the approval of eur counsel. ssed on eckel & Brown, of Lafrents & Co., certitied publie THE BALTIMORE COMPANY BALTIMORE, MD. FIRST NATIONAL COMPANY ATLANTA, GA. SOUTH CAROLINA NATIONAL BANK CHARLESTON, S. C. - rd s reliable and were used by us as a bass for the