Evening Star Newspaper, March 20, 1933, Page 19

HOARDING DEADLINE SET FOR MARCH 27 Reserve Board Extends Time for Publishing Lists of Gold Withdrawals. By the Associated Press. Gold hoarders have been given until h 27 to return their stocks to the The Federal Reserve Board yesterday t out word to each of its 12 districts xtending the time for complling of of those who have withdrawn gold ince February 1. There was no official ent. At the same time the Treasury au- orized unopened State member banks 8o permit withdrawals of amounts not @xceeding 5 per cent of their deposits, d repealed regulations allowing with- drawals from closed banks for meeting fay rolls and necessities of life. It was explained unofficially that with a num- Per of banks now open, the regulations could well be set aside to conserve the wssets of banks closed or under con- servators. $327,000,000 Returned. ‘The original time limit for filing a t of gold hoarders expired last Friday. ver since announcement was made that hoarders were being checked, a flow of gold has poured into Reserve banks. The Treasury said that on March 15 a total of $327,000,000 had been returned. It has been pointed out that with a Hist of hoarders the Treasury could either publish the names or turn them over to the Justice Department for ac- tion under the anti-hoarding act. The formal announcement by Secre- tary Woodin on the State banks fol- ws: h"[my State banking institution which 8 a member of the Federal Reserve system and which is not licensed by | the Becretary of the Treasury to reopen | for the performance of usual banking functions, may, with the approval of the appropriate State authority having Smmediate supervision of such banking tnstitution, permit withdrawals by de- positors and make payments to credit- ors of such percentage of the amounts due to them (not exceeding 5 per cent) #s it may determine, provided that at or before the time of such withdrawal or payment, it shall make available for such purpose a fund for the benefit of and sufficlent to pay to all due de- positors and creditors the percentage so determined. . New Accounts Unaffected. ““This regulation shall not in any way affect any right created by regulation No. 7, nor limit or restrict any pay- ment thereby authorized. r cent withdrawal). “Any right to authorize withdrawals or payment under the terms of this regulation shall terminate upon the ap- pointment of any conservator, receiver or other appropriate State official tak- Ing charge of the affairs of such bank- Ing institutions.” $942,504,500 'SUBSCRIBED FOR TREASURY ISSUES Certificates of Indebtedness Mature Aug. 15 and Dec. 15 This Year. Full Total Allotted. Secretary of the Treasury Woodin announced the Treasury Department had accepted a total of $942.504,500 subscriptions to the Government's latest | offering of two issues of certificates of indebtedness. They are both dated March 14, one issue, being 4 per cent. | maturing August 15 of this year, flndi the other, 414 per cent, maturing De- | DARK STATES PRO~ DUCED FOUR FIFTHS OF COUNTRY'S BEER BEFORE PROHIBITION BY J. R. BRACKETT. EW YORK (). —Americar ~ “ow- ers look to legal beer = an estimated 100-glass per capita | yearly consumption, as the basis of their reconstruction program. This is equivalent to the 25,000,000 to 30,000,000 barrels the brewing in- |dustry estimates it can produce, and |the $125,000,000 to $150,000,000 tax | revenue it figures would accrue to the | | Government. | Such a production compares with more than 60,000,000 barrels in the pre- | | war years, but the industry has declared ‘It would need several months to bring | facilities up to capacity. They assert that, given a year of legal opera- tion, their capacity will reach about |40.000,000 barrels. | _During this first year a study by the | United States Brewers’ Association says, | some~ $370,000,000 will be spent by the (Regulation | — No. 7 provides for reopening of new ac- | ounts to be placed in trust for 100 | 30 Years of Quality Service Goods by Freight « + « Collections and Deliveries If you are shipping or re- ceiving goods of any kind, by freight—railroad or steam- boat—we are prepared to give you prompt and satisfactory service . , . small or large lots. . Send us the Bill of Lading or telephone . . . we’ll attena to all details. Reasonable Rates for This Service. MERCHANTS Transfer & Storage Co. cember 15, 1933. Including exchange -uhscrlpuum,‘ which were allotted in full, the total | subscriptions for the 4 per cent issue | were $469,131,000 and for the other issue | $473,373,500. | % & SRR & ° Gaillee No. 1943 for SMALL 5 &8 JOHN L. NEWBOLD. JR.. President 920-922 E St. Phone NAt. 6900 Storage—Moving—Packing—8hipping 7. 777 RLLE . ZELLSS 2 S CSSSE at The Hecht Co., in Washington Forum OVERSIZE WOMEN 50 It laces down the entire back; the boning is just right to give good figure control; you have it with, or without the diaphragm belt, according to what is best for your figure. Come in—and let us fit it on you —and you'll know what COMFORT in a corset is! Sizes 38 to 52. (The Oorest Shop, Third Floor.) THE ECT CO- The brewing industry has been laying the groundwork for a reconstruction program involving millions of dollars, all based on its hope that “legal beer” would result from congressional liberalization of the national prohibition laws. The darker States on the map are those which before adoption of the eighteenth amendment produced 79.9 per cent of the total beer made in the United States. THE EVENING STAR, WASHINGTON, D. C MONDAY, MARCH 20, 1933. 25,000,000-Barrel Beer Sale Forecast BREWERS EXPECT 100-GLASS PER CAPITA BUSINESS WORTH $125,000,000. industry for everything from carpenter |ers will need, there will be additional work, refrigerators and labels, to bungs, | employment for 500,000 on a full and hops and varnish. Here is how brewers | part-time basis. divide the amount: The industry estimates it will need Reconstruction of existing plants, | 45,000,000 bushels of barley, 800,000,000 $175,000,000; material, $75,000.000; cases, | pounds, of rice, corn, sugar, and 50 $12,000,000; bottles, 5,000,000; labels, | ong 30,000,000 pounds of hops, and etc., $5,000.000: cooperage, | 2,000,000 tons of coal. $50,000,000; trucks, $15,000,000; adver- Translated into terms of the rall- tising, $2,000,000. roads, these figures would mean there What would such an expenditure would be 40,000 carloads of coal; 63,000 mean to other industry? lcnr]osds of brewing materials: 5,000 | First, the association calculates from |carloads of machinery and appliances; | & survey of trade associations and busi- 10,000 carloads of beer; 5,000 carloads | nesses dealing in the supplies the bre! 0 carloads. CITIZEN COUNCILS URGED IN CITIES AND COUNTIES ‘Would Consider Maintaining Berv- ices in Face of Need for Cut in Public Expenditures. By the Assoclated Press. NEW YORK, March 20.—The forma- tion of “citizens’ councils” in every city and county was proposed yesterday in & statement issued by the National Mu- nicipal League. The counclls would “consider the problems of maintaining essential community services in the face of the need for the reduction of public expenditures.” ‘The move had the indorsement of 52 organizations, including the League of ‘Women Voters, the Parent-Teacher As- sociation, the Child Welfare League, bcg;mm of commerce and similar fes. “The existence of many public and semi-public community services is threatened,” the statement said. “In- stitutions and activities which have been considered the best evidence of our advanced civilization are being greatly curtailed, and in many places actually discontinued. How to secure the great- est ble public benefit from ex- penditure of public funds is the burning question that now faces every com- munity.” 57 Doctor M. W. Locke BY ANY CHANCE, HAVE YOU MISSED THE EXCITEMENT ABOUT THE M. W. Locke *Shoes for men and women Not quite three weeks ago we announced that we had been appointed official distributors in Washington of the M. W. Locke shoes, the only shoes designed and approved by Dr. M. W. Locke of Williamsburg, Canada. Ever since, Washington has been humming with stories of Dr. Locke, the unassuming country doctor who is now conducting the “largest one-man medical practice in the world.” With words of praise for his shoes. With gratitude to The Hecht Co. for bring- ing them within easy reach. In case you've missed it, let us say to you what we've said to the rest of the world: We are not doctors and it is against our policy to give medical ad- vice. That is the province of your medical advisor. Let him give you ex- pert advice as to the kind of treatment and the.kind of shoes your feet require. Then, come to The Hecht Co.; we can fit you in the most fgmous orthopedic shoes of the day! i FOUR LASTS FOR WOMEN (twelve styles) Size Electric Toasters 79c Almost no end to its uses . . . toasts, frys, grills. Large eur- face. ' Three handles. High finish. Cord, 19c extra (Pifth Ploor. The Hecht Co.) Cushion Dot RUFFLED CURTAINS 59¢ Pair Imagine ruffled curtains, 36 inches wide with full ruffles. Made to our standard speci- fications, Priscilla style. In ivory or ecru only. priced at $9 and $10—Main Floor THREE LASTS FOR MEN priced at $9 and $10—Main Floor Six expert M. W. Locke Shoe fitters always in attendance We are exclusive agents! THE HECHT CO- (Sixth PFloor, The Hechy Oo.) Look for the Unadvertised = . Specials Hundreds of Washingtonians en- joying this new Treasure Hunt game. Great sport, because it means great savings at the end of the trail. Look for the signs reading “unadvertised specials.” They are all over the store. PEACE DESIRED Hungary Premier Denis Any Na- tives Wanting War Again. BUDAPEST, Hungary, March 20 (®). —Hungary wants peace, not adventure, Premier Julius Goemboes said yester- day in commenting on Premier Mac- Donald’s disarmament plan, recently announced at Geneva. “War?” the premier asked. “To whom would it occur, scarcely a decade and a half after the World War, to re- sort again to this political weapon? “Such a person must either be igno- rant of what war means or does not recognize the consequences of war, or else he is so unscrupulous that he de- serves to be struck dead.” same time in & tow of the steamer In- land, which is due to leave Pittsburgh Tuesday for Memphis. There the steamer Mon of the tow for very to New Orleans. Homemakers Group to Meet. GAITHERSBURG, Md, March 20 (Special) —The recreational department of the Homemakers’ Club of Gaithers- burg will meet on Thursday evening in the Pire House. Those in charge of the social are Mrs. W. D. Robertson, Mrs. Granville Kinsey, Mrs. Leslie Ward and the executive officers. Augustus Thompson and daughter, Mrs. Naomi Ray, will furnish the music. Mrs. Har- vey Selby is president of the elul B8 * Tax Sales to Be Held April 3. will take charge |20 STEEL READ? FOR BRIDGE 42,000-Ton Order Awaits Shipment to New Orleans. PITTSBURGH, March 20 (#).—The first shipment of a 42,000-tons order of fabricated steet to be used in building the $13,000,000 bridge across the Mis- sissippl at New Orleans will leave Ran- kin plant of the McClintic-Marshall Corporation this week—weather per- mitting. Equipment needed to begin construc- tion will be moved by the river at the 2). ONE-DAY SUPER SPECIAL of All Kinds— Electric Irons, Hot- s, Toasters, Etc. AT LOWEST PRICES * < MUDDIMAN §. 911 G St. Nat. 0140-2622 Organized 1888 ’ “Hoffman Dry Cleaning” | Unexcelled in Quality Since 1917 | MEN’S SUITS, 75¢ Plain Dresses, $1.00 Called for and Delivered Phone Atlantic 4000 ~== The HOFFMAN COMPANY Plant and Main Office, 1534 Pa. Ave. S.E. Downtown Office, 703 12th St. N.W. '-Ill'li e Accounts Invited Anniversary TELL IT TO HECHTS.... $5 PRIZE in merchandise EVERY DAY For the best suggestions. (1). How to make Anniversary more interesting. Improve our service. (3). Merchandising idea. (4). Publicity idea. Letters must be dropped in Home Sweet Home Letter Box, Fourth Floor, in person. < So ridiculously low priced we can’t afford to sell them for more than ONE DAY Ready Made Box Pleated HEAVY QUALITY JASPE Chair Covers Will fit six styles of chairs. Cogs- well. Wing. styles. sides. Button back. Throne. Club. And English T- Box pleated on three Heavier quality jaspe, in rust, tan and green, with contrast- ing binding. No Mail or Phone Ordet;a (8ixth Ploor, The Hecht Co.) - Stainless Porcelain Top 5-Piece Breakfast Suite . « « 37th Anniversary Sale priced! Phone Orders er Adjustments, DI. 9400 $13.99 With disappear. ing leaves! The table when opened measures 40x48 inches. Four windsor-type chairs. In green and ivory two-tone finishes. All hardwood maple stock. $1 it! All Other Calls, NA. 5100