Evening Star Newspaper, June 16, 1933, Page 30

B—14 FEEBINE ——— . BAL VALUES Holds Lines of Nation to Be; Worth Today About $21,241,711,081. By the Associated Press. ‘The Nation's railroads were estimated today to be worth at going prices ap- prox¥mately $21,241,711,081. ‘This figure was computed from fig- ures issued by the Valuation Bureau of the Interstate Commerce Commission on which the commission is expected to base its decision in the rate study it| now has under way. The commission 4s considering the question of whether freight rates shall be reduced throughout the country. On their books as of December 31, 1932, the railroads carried a total val- uation of $26,091,310,739. . This figure is slightly less than the original cost of building the roads, including pur- chase of land and working capital as! estimated by the commission. This fig- | ure was $26,232,019,220. ‘The value of the carriers was com- puted on the following basis: Spot prices (current prices of materials) gave a figure of $16,858,547,204 for cost of reproduction less depreciation. To this figure was added $3,032,799,826 cost of land; $338,854,000 for working capital, and 5 per cent as a going value, bring- ing the total to $21,241,711,081. Actual cost of reproducing the rail- roads new was estimated at $23,742,-| 958,869 at current prices. Based on average prices over the period from 1929 to December 31, 1932, | the cost except land would be $23,953,- ! 546,235. | Using the same method of computa- | tlon as that from which the $21,241,- 711,081 figure was derived, it was esti- mated that Eastern railroads are worth approximately $9,789,907,500; Southern railroads, $3,673,841,891, and Western rallroads, $8,555,556,593. NAVY ORDERS Line Officers. Cage, Capt. Harry K. Det. ch. of staff, Cadr. Cruisers, Sctg. Force, about May 20; to Bd. N. & S, Pacific Coast sec- tion, San Francisco, Calif. Gay, Capt. Jesse B. Temp. addl. duty command Rec. Ship at Boston, Mass. Glassford, Capt. William A. Det, staff, Cdr. Sctg. Force, about May 18; to staff, Cdr. Battle Force, as operations officer. Ashe, Comdr. George B. Det. USS Chicago in June; to USS Texas as 1st 1t. & damage control officer. Keller, Comdr. Henry R. Det. ch. of staff, Cdt. 8th Nav. Dist,, in May; to command USS Antares, Ors. April 6 revoked. Carney, Lieut. Comdr. Robert B. Ors. llg;:l'ch ‘313 ‘inodl.fled. To command . Sta., Navy Yard, Washington, D. C., instead duty Norfolk, Va. Earnhardt, Lieut. Comdr. Edwin 8. Det. Nav. Trng. Sta. Great Lakes, IIl, in June; to Nav. Academy. Eberhart, Lieut. Comdr. Harold G. Duty as insptr. of Nav. Matl, Cin- cinnati Dist., Cincinnati, Ohio. Fitch, Lieut. Comdr. Francis L. Ors. May 9 revoked. Continue duty Nav. Hosp.,, New York, NY. Gray, Lieut. Comdr. Lloyd R. Det. USS Texas in June; to USS Chicago as may. officer. Lehrfeld, Lieut. Comdr. Willlam I. Ors. March 30 modified. To duty conn. Nav. Reserve Educal Center, San Prancisco, Calif. Mason, Lieut. Comdr. William A. Ors. May 6 modified. To duty as off. in éheuef‘ Br. Hydro. Office, San Pedro, alif. Slingluff, Lieut. Comdr. Thomas C. Ors. March 29 modified. To duty USS kansas. Ar] 3 Sullivan, Lieut. Comdr. William D. Ors. April 11 further modified. To com- | mand USS Tillman. | Brandt, Lieut. Buell F. Desp. ords. April 24 modified. - To duty as in- sptr. of Coast Guard, Port au Prince, Haitl., Culver, Lieut. Burtnett K. Desp. ors. March 20 revoked. Continue duty USS Lexington. Richards, Lieut. Thomas G. Det. Nav. Alr Sta, San Diego, Calif,, in June; to USS Langley. | Rucker, Lieut. joe E. Desp. ors. March 18 modified To Nav. Academy, An- napolis, Md.; instead of Nav. Trng. Sta., Great Lakes, Van Cleave, Lieut. Maurice. Det. Nav. War College, Newport, RI, about May 27; to USS Long as executive officer. | ‘Warner, Lieut. Spencer H. Det. VT Sqdn. 1B (USS Lexington) about June 1; to duty with insptr. of Nav. Aircraft, Wright Aero. Corp. Pater- son, NJ. | ‘Willenbucher, Lieut. Franz C. Ors. May 6 revoked. Continue duty USS Wy- oming. Carson, Lieut. (jg) Joseph M. Det. | Nay. Alr Sta, N. O. B, Norfolk, Va.; | to VO Sqdn. 1B (USS Texas). Dyson, Lieut. (jg) Gerald R. Det. Uss | Oklahoma about June 1; to Nav. Afr | Sta., San Diego, Calif i Leicht, Lieut (jg) Joseph. Desp. ors. | March 18 further modi. To duty as asst. insptr. of nav. matl, Chicago, | Medical Corps. ut. Comdr. Paul T. Ors. modified. To Nav. Hosp., Calif; instead Nav. Hosp., Great Lakes, II1 ir. Joseph F. Det. ; to Navy Yard, | mdr. Grover C. Ors »d. Continued duty Nav. NY. Norman, Lieut. (jg) Bu. M. & S, Navy Dept, to Nav. Hosp., Washington, D. C Chaplain Corps. Stone, Lieut. Comdr. Albert E. Det Nav. Trng. Sta., Norfolk. Va,, in May; to Marine Barracks, Parris Island, 8. C Warrant Officers. trtmt Nav. Hosp., | je B. Det. Bu. M Wall ay USS Tennessee Dist, San Frar Baker,” Ch. Ca: y 13 fled. To Nav. Va.; Navy Yard, Bridge in June; to Navy Yard, Nor- folk, Va This soothing, stimulating liniment contains oil of wint b Does not blister. P\ dorsed by thousands for more than Get a generaus 60c bottle y at Peoples Drug Stores. MUSCO RUBBING OIL —_——— e THE EVENING STAR, WASHINGTON, D. €., FRIDAY, JUNE 16, 1933. o Don’t Forget Sunday l ' ‘ is FATHER'SDAY ... Surprise him with some gift from our Men’s Shop ) of SHIRTS & treméndous sale was far June fst. e took dvancé\ orders\ and due t nto verwhelming response, oversold! Ba he market we went and bought more/ of the same kind—BUT AT AN INCREASED PRICE, the market had gone up! WE WILL KEEP FAITH and sell them at the original price! They’re $1.50 and $2.00 Qualities! FABRICS: o Every shirt is fully shrunk throughout, guaranteeing permanent fit . . . every shirt is woven, not a printed pattern in the lot . . . 2x2 BTOCldCl()th every shirt is expertly tailored in every re- spect . . . perfectly pointed true-size collars 2x1 BTO(IdClOth . . . every shirt has full sleeves, 4-hole pearl White-on-White Broadcloth End-& .End Madras Grem’:s Plaids Woven Madras gl’fgs . Grays Oxford Cloth Mesh Cloths Chambrays Patterns include— Stripes Tans W hite-on- W hites Gleaming W hites Collar Attached . . .2 Collars to Match ... Neckband . . . Tab Collar Attached . . . Eng- lish Tabless Collars Attached. Sizes 14 to 18; sleeve lengths, 33, 34, 35. Note! A Gift for Father! 5 Sc e GOLDEN TONE TIES $1.50 These ties were never sold under $1—all are handsome, solid-color crepes, in 24 striking Summer shades from which to choose. Handmade, silk lined, resilient construction. Use Your Charge Account While Shopping Here—Open One If You Haven't Any! * SHOP GOLDENBERGEG 'S A ® Free Auto Parking Opposite Our 8th St. Entrance @ OLDENBERG Our “le/s We Ran Out || Coteo n Frocks Thousands of Pretty Frocks for every girl from 3to...! SEVENTH AND K } o g /) Slip them in the tub after a gay week-end, and there you are fresh as a daisy. More than fifty styles . . . handkerchief linen, chiffon voile, wide-wale pique, pique voile, matelasse, organdy and eyelets. Sizes 14 to 20 and 38 to 52 Cotton Lane—Second Floor $3.95 Kid Gloves Por graduation . . . 12-but- ton-length _gloves ~ of _fine, pliable Kidskin . . . probably 95 the lowest price you have . found on this quality glove. Just & small group . . . 80 get yours at once. Main Floor At least thirty styles . . . voile, eyelet batiste, linen, ray- on pique, cotton pique, cotton shantung, shirting and organdy. Sizes 11 to 17 Junior Misses’ Shop Twenty styles in panty dresses . . sheer prints . . . sleeveless with hand embroidery, dainty collars . . . sashes . . . deep hems . . . dainty col- ors . . . guaranteed washable. Sizes 3 to 6 Second Floor Open a Charge Account at Goldenberg’s—It’s Thrifty—and Convenient