Evening Star Newspaper, September 29, 1932, Page 16

A—16 %% STABILIZED MONEY 5 AM OF PARLEY Currencies of World Are - to Be Studied at London Conference. By the Assoclated Press. The future of the currencies of many nations is expected to be a chief topic of conversation when the World Eco- nomic Conference meets in London &t the end of this year. This topic is held to be eminently ertinent as currencies of the world Ea\'(‘ been disrupted since England went off the gold standard slightly more than a year ago. Since that time they have been operating broadly on three sepa- rate and distinct bases. In the first place there is one group of nations still on the gold standard. ‘This includes the United States, France Switzerland, Belgium and certain minor countries. The currencies of these coun- tries are officially and effectively still convertible into gold. In the second group is listed those nations officially off the gold base, such as the British Empire, South America BONDS ON THE CURB Salesin DOMESTIC BONDS. High. Low. Noon. 8 & a 5 98 81 & L 0 Ind 4%s '53 47%2 Eays 0 C 3 55 150 2% El 55 '68 2° FE ST BREERNRASE: THE EVENING STAR, WASHINGTON, D. C, THURSDAY. - 8! i ggu;:n:aaz ¥ 90 FOREIGN BONDS. Con Mn 7s '51 401 Bhen AT pr T8 47 431 Bk qer @s A 132 41 343 s8u 73 SISTTENS 38BBANSISE SEEER R 3 5883 * & a uissse (35 _usan 25 s camon =853 2 Terni Soc 4 United El ww—With warrants. xw—Without warrants. Bank of France Statement. PARIS, September 29 (#).—The weekly statement of the Bank of France shows the following changes in francs: Gold increased 113,000,000: sight bal- ances abroad decreased 17,000,000; bills discounted at home increased 492,000,- 000; bills bought abroad unchanged; advances decreased 44,000,000; circula- tion decreased 81,000,000; current ac- % | counts increased 592.000,000. 1,800 TO BE EMPLOYED AT B. & 0. REPAIR SHOPS Special Dispatch to The Star. : BALTIMORE, tenance. At the same time the shops affected will be placed on a 30-hour-work-week basis, the week being four days of 7% , | hours each. ‘The shops affected include the Mount Clare, Cumberland, Glenwood and Du |l Bois locomotive departments and the |2 Mount Clare, Painesville, East Chicago, Washington, Ind., and Du Bois freight car shops and the Brunswick locomo- tive repair force. Bank of England Statement. LONDON, September 29 (#)—The | ¥ weekly statement of the Bank of Eng- land shows the following changes in pounds: Total reserve decreased 497,- 000, circulation increased 519,000, bul- lion increased 21,000, other securities decreased 391,000, public deposits de- creased 498,000, other deposits de- | 4. creased 1,467.000, notes reserve de-| 6. creased 519,000, government securities decreased 1,080,000. ‘The proportion of the bank’s reserve with 40.24 last week. i September 29.—Ap- proximately 1,800 jobs will be made available Monday by the Baltimore & 17 | Ohio Railroad through resumption of activities at 10 of their “heavy” repair shops, according to an announcement by Charles W. Galloway, vice presi- dent, in charge of operation and main- Washington Produce 22; 92 score, 20; stan Eggs—Hennery whites, 27a28; current receipts, 22a23; sealed Government grade, extras, 41; standards, 35; medi- ums, 32. Poultry, alive—Turkeys, hens, toms, 13; crooked bremsts, 10; Sp turkeys, 20828: chickens, Rocks, 3 pounds and over, 15a17; 2% to 3 pounds, 14a15; under 2}, pounds, 14; hens, small, 13a14; hens, large; 15a 16; Leghorn hens, 10ai2; mixed colored chickens, 13; roosters, 9; keats, young, 15; tter—One-) d ts, 93 score, w‘:‘mm 20; wll),' 93| bushels, SEPTEI'BER 29, 1932. Jeas, 2.00; muscatels, 1.25; bananas, 1.00 22.25; 3.00a4.00; lemons, 7.50a 1.7 oneydews, 1.75a 3 2.2582.75; Persian melons, 2.25. ‘Vegetables—Potatoes, 100-pound sacks, 95a1.00; Idaho bakers, 2.25; sweets, , 60a75; string beans, 1.00a1.25; limas, 1.50a2.00; peas, 1.75a2.25; car- rots, per 100 bunches, 3.00; beets, per 100 bunches, 3.00; squash, 50a65; Hub- bard squash, 1.50; spinach, 1.00a1.25; kale, 50; Spanish onions, 50-pound sacks, 1.50; tomatoes, 2-peck ets, 60a75; pe&“pen, 7; eggplant, 1.00; caulifiower, 1. .00; broccoll, 3.80; corn, 50a1.25; mushrooms, 1.75a2.00; salsify, per dozen | bunches, 75a1.00. | RAILROADS REPORT DROP 2% hens, large, 18a21; 16; mixed colored chickens, 17a18, standards, 1.00; to 1% pounds, per pounds and over, Poult pounds, 18; hens, small, Meats—Beef, 15; lamb 14; veal, 11; rk loins 15; fresh hams, 13; smoked ams, 14; strip bacon, 14; lard, 712; compound, 7. Live stock—Hogs, light and medium, 4.25a4.40; heavy, 3.1534.25:.19!35, 4.00a calves, Jumbos, apples, bushels, 50a 1.00; box stock, 2.00a2.25; peaches, 1.00a to liability is 40.46 per cent, compared | 2.00; pears, Bartletts, bushels, 1.25a1.50; .25; roughs, 2.00a3.00; .00; lambs, 3.00a5.50. FPruits—Cantaloupes, pair, 60; Yt p'leoafil): old, 50. try, dressed—Turkeys, hens, 18; toms, 16; crooked breasts, 13; chickens, | Plymouth Rocks, 3 20a22; 2% to 3 pounds, 18a19; under 16a17; orn hens, 14a pounds and over, 3.00a 1.25; OF 47 PER CENT IN NET By the Associated Press. | NEW YORK, September 29.—Thc first 71 railroads to report for August - | had aggregate net railway operating in- ' |come of approximately $27,363,000, a decrease of 47.8 per cent compared with | '1.};:1 $52,501,000 reported for August, For the first eight months the total! net operating income of these roads was $146,460,000, compared with $331.- 862,000 in the same period last year, a decrease of 55.8 per cent. Silk Trade Pay Roll Larger. | NEW YORK, September 29 (#).—Em- | fancy box stock, 2.50; seckels, 1.75a2.00; ployment in the silk industry increased Silk Association of America, Inc., re-|for broad looms, decreased 16.6 per cent ;;:mgdt w};;;.l and M‘::':n l2.5 per eentt?;l:‘r for :n;row lmxnm and increased 22.4 per ugust, A inery _opera cent for in 3 during August increased 43.5 per cent! with July.m ES Mg conspared What a Reliefl To KNOW That You're Absolutely Free of Under-Arm Unpleasantness It's pure, white and easy to use. It's smart, small and easy to carry. Can- not irritate the skin; cannot injure fabrics. Perstik is a marvelous idea. Endorsed :’I’ Good Housekeeping Institute. Very economical. Try it. On Sale by ‘WoobpwaRD & LoTHROP 10™ U™ Awp G Stazers TOILET GOODS DEPT.—STREET FLOOR Mail and Telephone Orders Filled and Scandinavia. Lastly is the group Rate of discount, 2 per cent. grapes, Tokays, 2.00; Thompscn seed-|26.6 per cent in August over July, the officially on gold, but in effect off it, the | exchange rates being manipulated by | devices of varying means. | Heading any monetary debate at the forthcoming conference is_expected to be the currencies of the third group, | including the German mark and certain | of those of the second groun. | British financial authorities, in ut- | Rate of discount, 2, per cent. HART SCHAFFNER & MARX DID IT! BROUGHT HIGH-PRICED BENCH TAILORING DOWN TO 1932 BUDGETS! 2/;. . 72 Bench- Tailored Details Found ofl/j in last Spring’s *65 to *75 Suits - this Fall for only *254°35 (and up to $50) terances which have been brought to| the attention of this Government, de- | clare that as long as the future of the pound sterling is uncertain, the Germans, Austrians and others must be in & quandry. Authoritative opinion in Ger- many is said to favor the gold stand- ard, and shows no signs of wanting to join a “sterling club.” But, these same authorities say no German government will relish committing itself to gold con- vertibility of the mark, entailing prob- ably a foreign credit, while the possi- bility of & 20 per cent depreciation of | the pound and Scandinavian currencies | has to be taken into account also. The opinion prevails that if Germany and Central Europe are to renew effec- tive adherence to the standard within the next few months, they will want to | know either that Great Britain intends | to return to gold, or that there is every | prospect of the pound sterling, as a managed currency, being stable against gold. " T b Credits and Debits. | NEW YORK. September 29 (Special). i —On the credit side of the stock mar- ket are the increasing evidences of busi- | ness_improvement which run through | the larger industries but are more con- | spicuous in the field of smaller com- | mercial enterprises. On the debit side is the fact that the market has had an exceptional advance and in this ad- | vance has absorbed what appears to have been a considerable portion of the funds that had been lying idle and | waiting for investment when the price | range appeared to be acceptable. The one factor about offsets the other. Con- sequently the market moves compara- | tively little away from a fixed point, though it is more susceptible just now to news that is unfavorable than to that of a bullish character. outh_ Calif ou Calif Edis e G 7 4 Super of Iilin 4’25 /68 1 Super of Il 4125 '70 1Swift Co 55 '40 Wi.. 2 Swift Co 55 *4 29 Texas Eiec 55 '6 A New, Richer milk— s 15C a quart GOLD SEAL GUERNSEY MILK is a new, richer, creamier product . . . full of delicious nourishment, because of its greater butterfat content! And its extra quality is twice safeguarded . . . by the sanitary hood that fits tightly over the mouth of the bottle! This new, richer milk . . . so safe and clean . . .isa matchless health investment at only 15¢ a quart! Order from the Chevy Chase salesman, or by calling WEst 0183. VERY cent you spend on clothes today must go farther, dress you better /onger, thanitever has before. In the new Hart Schaffner & Marx clothes it will. 72 of the fine Bench Details that made a Bench Made suit (at $65 to $75) look extra well extralong arein every one of the new Hart Schaffner & Marx suits for Fall. Hands have tested them for extra wear. Hands have sewn them and “worked” the soft, elastic, “expensive” custom fit into every suit— the kind of fit demanded by men who pay a great deal for their clothes. Now you get 72 of these fine operations in suits priced to fit your Gold Seal Guernsey (PASTEURIZED MILK) budget —to protect you from cheap, “boardy” clothes that can’t “take it”. We honestly believe A few of the 725, BENCH-TAILORED DETAILS formerly in our $65 to $75 Bench Made Clothes. Now in suits costing 25 t0*35 (and up to $50) Armhole basting by hand Armbole felling by hand Button sewing by hand Buttonhole making by hand (in coat and vest) Collar basted by hand Bottom edge of collar felled by hand Corner making by hand Undercollarand stand felled by hand Lining making by hand they’re the biggest clothing value your hard earned dollar can buy. Every Hart Schaffner & Marx Suit for Fall has 72 Bench Details . . . $25 to 835, and up to $50 ARGE ACCOUNTS INVITED { o WASHINGTON'S FINEST MEN’S WEAR STORE e RALEIGH HABERDASHER 1310 F Street Linings basted by hand Sleeve felling by hand Sleeve linings sewed by hand Yoke basting by hand Collar and lapels joined by hand Same fine linen canvas, sewing silk, and linen thread used in Bench Tailoring Bench Tailored pressing Wise Brothers CHEVY CHASE DAIRY A Division of atiqnal Dairy -