Evening Star Newspaper, November 18, 1931, Page 22

nflm:_ BANK CONFIDENCE | AND CREDIT GROW Five Hundred Million Pool| Head Reports Applications for Loans Small. B9 the Associated Press. NEW YORK, November 18—Indica- tion that banking confidence and credit wre rapidly being restored was containéd in a statement issued last night by Mortimer H. Buckuer, president of the National Credit Corporation, showing that spplications for advances from banks ve thus far been relatively small, | It 'was stated that subscriptions to | the @orporation’s gold notes probably | wpuld exceed the $500,000,000 originally estimated by those who formulated the | plan following upon President HMV!!!I suggestion. Since the formation of the corpora- tion, 4 was sald, there has been no| necessity for the officers to issue an dnitial call for the payment of 10 per cent of the banks' subscriptions to its | §0ld notes. 1 Advances Are Made. Since, on November 6, the officers of | fhe corporation were instructed, in thelr discretion, to issye such a call, the corporation, says the statement, “has tendered its facilities and has actually made advances to fully organized asso- | ciations under the terms and conditions | of the credit plan without the neces- sity of issuing & call.” | “This has been accomplished,” the statement continues, “through the co- | eration of certain individual banks ‘which are willing to make advances and hold funds available to the National Credit Corporation pending a cal' for | payment on account of subscriptions to | the corporation’s gold notes. “When the advances to subscribing banks in fully organized associations |- accumulate to an amount that is deemed sufficient, & call for payment thereby. . Relief to Banks Seen. “The officers of -the National Credit Corporation belleve this procedure, rather than a call for installment pay- ment on subscriptions at this time, should relieve some banks of the bur- den of subscription and be more satis- factory generally to banks throughout the country. “It may be interesting to bankers and to the public generally to learn | ‘ that in number and amount the ad-| vances already made by the corporation | through fully organized local associa- tions of banks and the applications for advances now known to be in prepara- tion or in transit to the home office have been relatively amal].” All applications and loans are of a confidential nature, it is pointed out, and the corporation does not intend to make public the name of applicant banks or the amounts of advances. “The response of banks everywhere to the corporation’s invitation to sub- ‘scribe,” the statement concludes, “not | only is fully up to expectations, hut‘ also reflects a fine spirit of co-opera- | tion among the banks of the country. These subscriptions, as already an- nounced, ue on th: basis of 2 per cent of net demand and time depoclu mt exceedln[ 10 per cent of their capi exceptions are requirements.” | Paul's Church auditorium, Fifteenth QUICK RELIEF " FROM Leading Lady ' IN “ADAM AND EVE" CHURCH PLAY. MISS ELEANOR HOPKINS, Who takes a leading role in the play (0 be presented by the Stella Maris Club of St. Gabriel's Church in St. and V streets, Menday and Tuesday next. Film Actress Cited in S\nt LOS ANGELES, November 18 (#).— Hazel Howell, film player, was named in a sult for divorce filed yesterday by Mrs, Mildred Marsh Forster, sister of Mae Marsh, the actress, and mother of three children, against Ygnacio Forster, son of a prominent Southern California family. The Swiss_government recently co- | operated in the fusion ¢f two banks in Geneva. | ARTHRITIS, NEURITIS, RHEUMATISM NEW FORMULA_-RENTON'S HYDROCIN TABLETS. 7405 WASHIN( SWISSVALE. PITTSBU] IGH CONSTIPATION That is the joyful cry of thousands | since Dr. Edwards produced Olive Tablets, the substitute for calomel. . Edwards, a practicing physi- cian for 20 years, and calomel’s old- time _enemy; discovered the formula for Olive Tablets while treating pa- tients for chronic constipation and torpid livers. Olive Tablets do not contain cnln mel, just a healing, soot fable lincative safe and plaasant, No griping u (hc -" these little su ored tablets. bowe They action. If you have a “dark brown mouth” —bad breath—a dull,ytired feelin sick headache—torpid liver—consti- | pation, you should find quick, sure | and pleasant results from one or two of Dr Edwards Olive Tablets. Thousands take them every night to keep right. Try them. 15c, 30c, 60c. never force them to unnatural | 00““0“0“000“0“000“04 0000 0600000600500000 THE _EVENING 6. 0. P WOMEN PLAN| LUNCHEON TOMORROW | ent - D C hqn '\ll Entertain 250, M=, Luther Including Countess Salasar and Mrs. Gann. ‘The League of Republican Women of ' the District will give a luncheon for 250 guests and members at the Ken- nedy-Warren *Hotel tomorrow at 1 o'clock, Mrs. Virginia White Speel, 1755 N street, newly elected Republican na- tional committeewoman and honorary president and founder of the league, announced today. ‘The guest speakers will be Mrs. Ev- erett E. Gann, sister of Vice President Curtis, and Countess Salazar, founder and sponsor for 50 years of the Italy- American Women's Leagtie, who is in STAR, ‘Washington for several weeks. Others at the guest table will be Mrs. none thes Misses’ & Children’s $3 Straps and Oxfords SHOES 49 Made in d u I, n ent an Ientheu s-zn Boys’ $3 High and Low SHOES o oalt- $ brown Goo d spectalst skin. 4 year welts. real value! EVERY PAIR GUARANTEED! - FORMERLY THE LEADER SHOE STORE 9660060000600 000000000 Olibert Qrosvenor, first viee president of the Republioan Women's League; Mrs. Prank Mondell. Mrs. Lenna Lowe Vm-MIanI Dougherty. Mre Bruce Baird., re. Bruce Samuel J. Prescott and Mrs. Herry E. Hull The lnf\le was organized in 1912 by Mrs. Speel at & meeting with 10 other prominent women. Now the organiza- tion has 1,000 members and has re- ceived increasing recognition from both men and women interested in the poli- tics of this country and especially the Republican party. The league is planning to move its headquarters to the newly ac lred club house of the National Capital publicen Club, Inc., ted st i teenth street and Scott circle, where all clubs and organizations of Republican partisanship will be gathered under the same roof. = P Military cycle patrols recently visited Dublin, Irish Free State, for the first time in years. 726 Seventh St. N.W. (Former location LEADER SHOE STORE) “Pve seen many shoe values in my day, but has yet equaled e BARGAIN BASEMENT Specials!” Men’s $3.50 High and Low SHOES § 95 All leathers o] feature the sturdy Good- year welt. ment Specials! Here's a bar- gain you can't afford (n mnu EVERY PAIR GUARANTEED' A Ti'mcly Purchase from.a Large Manufacturer— Fine Solid Leather Hand Luggage 14 to V53 Less Than Regitlarly In this offering are fine solid leather gladstones, club' bags and suitcases, at almost unheard-of Men's Sui ; 18-inch size. ; 20-inch size. Special. tcases—Special .e...$18.50 .. 825 1 24-inch size. Regularly $35. Now 2; 24-inch size. Special .325 I; 25-inch size, with tray. Regularly $50. Now. .$35 .$3 2; 26-inch size. 2; 28-inch size, 1; 28-inch gize. 2; 30-inch size. Special. .. Special. . . Regularly $50. Now Regularly $45. Now. low prices. of a kind—are made ounce top-grain cowhide. These bags—mostly one and two of fine selected 5 to 7 Frames, mountings, handles, and other accessories are in keeping with the fime quality leather used. Pieces ad- vertised are subject to prior sale—immedite selection, for yourself and for gifts, is ad- visable. Men’s Club Bag's—Special 2; 18-inch size. 1; 18-inch size, 1; 18-inch size? 1; 20-inch size. 1; 20-inch size. 2; 20-inch size. 2; 16-inch size. 2; 16-inch size, 2 Boston Bags. Regularly Regularly Regularly Regularly Regularly Special. . Special. Regularly Men’s Gladstones—Special 1; 18-inch size. Special..ov.sveccres 2§ 20-inch size. 1; 20-inch size. 1; 22-inch size. Special ot Special.coecereccrssoees Special 1‘ 22-inch size. Special 22 mch size. Special. 1 zs-mch Portmanteau. Specul‘...... Luceace, Fountit PLOOS. 10; 24-inch size. 2; 24-inch size. 1; 24-inch size. 1; 26-inch size. 1; 26-inch size. 1; 28-inch size. 1; 28-inch size. Special. .. Regularly Regularly Regularly Regularly $35. $25. Now... $35. Now. $35. Now.. Now $35. Now. $32.50. Now $17 50 $15. Now.. Regularly $50. Now. Regularly $60. Now.. $50. Now $70. Now.. $52.50. Now. Regularly $75. Now... 1; 26-inch Men's Hanger Case. Special...... $27.50 WASHINGTON, D NDAY, NOVEMBES DWARD & Lo'r —1he Christmas Store < - Shop Early for These Gifts . Many of Them Cannot Be Duplicated Before Christmas Not_only will it be impossible to duplicate later, many of the individ. .1 gifts that are now offered—some of which are imported, others those desirable one-of-a-kind variety—but there are many gifts that should be sent early to friends and relatives far away, so that they will receive them in time for Christmas, and still other gifts that you plan to make yourself—the materials for which you will find in our Art Embroidery Section. Mirrors reflect good taste in gift selection — none is more appropriate than this girondole with gilt frame, eagle and thirteen balls, $15. MmroRs, SEVENTE FLOOR. he i pat every” den Dres i charm Every: dog lover wil| ap- preciate the interesting dog figure on this brocade pillow, $2.95. For the Directoire boudoir — this exquisite pillow, $3.95. This shaggy dog will decorate your bed and be useful as well—for you can tuck your gown in the hookless-fastened pocket, $5.95. You will find a myriad of clever things to make —in_the Art Embroidery Seetion—as well as bou- doir luxuries. Axr EmsromeRy Sevent FLoor.