Evening Star Newspaper, February 3, 1932, Page 12

A—-12 BUSINESS ABLITY AT BARCAIN PRICES Brain Power Now Available at Greatly Reduced Rates. BY J. R. BRACKETT. YORK, February Business who are be he bushes have excellent opportu- to pick up at cut-rate erial which is neces- ain power. worth ed to | them to be rades er bril- nks, but have become jack-o Exchange Founded in 1909. meditations of | 1 manager of the THE EVENING STAR. WASHINGTON, D. (. WEDNESDAY, FEBRUARY 3, 1932 SOUTH DAKOTA APPLIES | than $205,000,000, an advance of 125 Everybody’s Business Japanese Activities Raise Doubts in Minds of Finan- ciers in Regard to Ecor nomic Status of Empire. BY DR. MAX WINKLER. NEW YORK, February-3 (N.AN.A) —Whatever military gains Japan may have achicved thus for as & Tesult of | her Manchurian venture have been | more than offset in other directions. | The expedition into Manchuria has created in the minds of bankers and investors a certain feeling of skepticism |in regard to the Japanese currency. The decline in the value of the latter has necessitated heavy shipments of g-ld to take care of the nation’s en- gage s abroad e pronounced loss in the country’s stock of gold has forced Japan off the 1d standard, which in turn has re- sulted in a depreciation in the value of the currency of about 30 per cent. corresponding drop was Tegistered by all Japanese securities, not only in the home markets but on foreign exchanges as well. On the Japanese markets the fall in prices was so pfecipitous that R.| :| i r general | T tra ed specia s in the days of big busir io one job supremely 1. Now 5 an o little s a mun’ wants one job ob today is largely a " said Mr. Maplesten he other day he could get a job. lo for himself h me, but I did and e $7.C soon as he can d ployers realize to pay tne price AIRSHIP INDUSTRY FOSTERED IN BILL Passage of Measure Might Result in Giant Terminal Near Capital After 200-Foot Auto Leap. AN JOSE. Calif. (4 itz Piles! Don’t put up with painful piles an- other day—or hour. ere is posi tive relief, very often, for the ver worst case. Pyramid suppositories are designed to stop the pain—and even all itching. Relief comes quick- ly. The first application will bring you much comfort and ease. Try them today. Remem- TRIAL SIZE| her the name. Just FREE | say Pyramid Suppos- MailCoupon o anyicrug PYRAMID DRUG CO. 154-C Pyramid Bldg., Marshall, Mich. Please gend me a FREE trial box of Pyramid suppositories. e R City... the leading exchanges were obliged to close. Under normal circumstances Japan does about $2,000,000,000 werth of busi- ss_annuall stake abroad ap- | oximates 1,500,000,000 a and M s in Japan are 1CH the Rising This is particularly true of the nited States. Substantially more than $500.000,000 of American capital is invested in Japa Of the total only about $65,- 000,000 represents soecalled direct in- vestments; that is, the placement of American funds in Japanese plants and properties. Almost $460,000,000 is in- vested in Japanese Government, muni- | cipal and corporate securities which have been sold to and which are held by the Amer investing public to the war American in Japan were estim America's comm untry amotu d in 1913 t 52.000.000, of W 9 000,000 ed in s Las £ apan totaled $156,000,000, a n of more than 5 r cent over e American im- pan amounted to more per cent as compared with 1913 After the disastrous earthquake some eight years ago American capital began pouring into Japan on an increasingly Iarge scale, making possible a_speedy renabilitation of the country. Later a certain degrez of skepticism made itself felt in the 1ainds of the avcrage Ameri- can investor in regard to the continu- ance of loans to the Far Eastern empire However, whatever fears were enter- then over pessible difficulties een the United States and Japan allayed by a reassuring statement ¢ by the then president of the anese House of Peers, which, in view f happenings in the past few days appears particularly . interesting. The statement follows “Japan's future lies in permanent peace. Her main endeavor is to culti- relations with all nations without imination. Realizing fu- ture prosperity presupposes the main- tenance of close diplomatic and eco- nomic connections with America, there is no longer any idea of a Japanese- American war. What suspicion existed in a few minds has been expelled.” The situation has doubtless under- gone a rather marked cha Japan seems to have utilized the e financial uncertainty in Weste Eu- rope. as well as political complications which exist on the European continent, vo her aim in Manchuria t:> Mikado's ambitions are confized to China or whether they envisage penetrations farther south on the Asiatic continent one can- not at this moment state with any de- gree of certainty Ever since the sale of the first Japanese bonds in the American mar- ket, more than & quarter of & century | num Corporation), and numerous finan- ago, Japan's obligations have been pop- | cial and commercial organizations. Japan is not likely to resort to meas- country’s fiscal record is perfect, all its | ures which might tend to antagonize ular with American investors. The obligations, both external and internal, { the rest of the civilized world. She is 46 Countfes Need Funds to having been taken care of promptly and | faithfully. In order to enhance the popul of Japanese issues, especially With those | who believed Japanese-American com- | plications possible, a_clause was incor- porated into the various loan contracts by which Japan obligated herself to meet the service on her debt in time of pease as well as in time of war, and | regardless of the nationality of the holder. Recent heavy selling of Japanese loans and resultant sharp declines in quota- tions may be attributed to apprehen- sion over.the continuance of interest nt on them in the event of seri- in- in government securities; $56,389,600 in municipal bonds, includ- ‘loo level-headed a nation. Moreover, larity | She knows that even victory in war is as detrimental as defeat can holders of Japanese issues their investments register those obtaining today, therefore wish to exchange tiem into other securities which are of equal merit it is within reason to as- | day informed sume that no interruption in the service will take place. ing the outstanding balance of a City | of Tokio issue placed prior to the war and payable in pound sterling at the revailing rate on London. Investments in Japanese corporation securities ounted at the beginning of the cur- year to $197,065,500, representing outstanding amount of issues which originally totaled $218,200.000. an entercrises which own and operate properties in Japan include the General Electric and the Westinghouse companies, the Western Electric Co., Ford Motors, Radio Corporation of America, Libby-Owens Sheet Glass, Standard Oil of New Jersey, the Alumi- { num Co. of America (which owns a ! controlling interest in the Asia Alumi- “I never knew you sold coal and oil!” Yes indeed! and you will be as pleased with American service in coal and fuel oil as you have been in ice. Our coal is carefully selected from the product of the best mines. Our oil will give you maximum heating value for every gallon you buy. Our prices are entirely in accord with modern ideas of thrift and valne. And as to our service—just ask any of our regular American customers. Place your order with your American ice delivery man, or call District 4270. American <> ICE Company While A lower levels but less sensitive | State secretary Secreta Hyde of 2. by Newspaper Alliance, Inc.) to Hyde. PIERRE, S. Dak and may | Forty-s “to get fundamen- | through” the son G agriculture, Federal Agriculture Department Am FOR U. S. FEED LOANS Through Winter,” Says Plea February $7,000 WORTH OF NEW AUTOMOBILES | recetved by Trota sundsy. me wa | urged to list only counties “whose need is great enough to come within this limitation.” Meanwhile, immediate aid to South Dakota farmers whose live faced starvation will be given by ican Red Cross, Albert E. E: rector of the Red Cross relief wor South Dakota and Nebraska, said To fill the gao until the nece congressional action can be tak Red airector said $30.000 wou be mede available to purchase feed 20 counties ¢ it wes neaded most New Way to Hold Loose FALSE TEETH Firmly in Place Notice that tke Federal Government | would reopen the live stock feed loans in “limited areas” of South Dakota was end Your Old Matl‘ress to ZABAN’S It may be old and uncomfortable at 9§ A. M. but let it spend one day at our factory and it wilF be new at bedtime . New ticking of your selection with clean germ-free hair or felt inside. At a cost of $4 to $9 you have a new mattress. Phone National 9411 for the Zaban representative to call for your old matiress and bring samples of beautiful new ticking from which to select the cov- cring you prefer. 93 E St. N. W. Phone National 9411 BEDS .... MATTRESSES . ... BOX SPRINGS @® There’s one Right Size for Cigarettes @ Examine various cigarettes, and you’ll find they are not all alike in size. Yet our scientists say their tests and research fix one definite size standard as the best. For a given length, our experts say, there is one right diameter . . . to make the draft right. . . to THE CHESTERFIELD STANDARD . Length of cigarette 2% inches or 70 m/m. Circumference 1-1/16 inches or 27 m/m. make the cigarette burn right. Not only that, when the size is right, the cigarette lasts longer, and smokes cooler. And that “right” size is exactly the standard Chesterfield size. A detail? Of course—but a mighty important one, figured in extra coolness and comfort. It’s by constant THEY'RE MILDER THEY'RE © 1932, LIGGETT & MyERs TosAcco.Co. ® Chesterfield’s Radio Program is way above standard too! Let Nat Shilkret’s Orchestra and Alex Gray, popular solo- ist, entertain you tonight . . . while you lean back and enjoy a mild, pure Chesterfield. Remember the hour... 10:30 E. S. T... . over the entire Co- lumbia Network ... from coast to coast. @ WRAPPED IN DU PONT NO. 300 MOISTURE-PROOF CELLOPHANE ++THE BEST AND MOST EXPENSIVE MADE attention to just such details that Chesterfield sets cigarette standards. Notice how round and full each Chesterfield is— how firmly packed. There are two “electric detectives” on every packing machine, to check this detail also! The right size . . . and the right quality. Chesterfield PURE never changes either one. Measure them any way you want —with ruler, microscope, or test-tube. Or measure them in the surest way of all—by milder and better taste. And you’ll find —They Satisfy! Good, they’ve got to be good! e o THEY TASTE BETTER . %Mfi o N