Evening Star Newspaper, November 23, 1935, Page 4

PICK-UP HEALTHY No Excessive Expansion in Any Field, Reserve Board Chairman Says. By the Associated Press. The current business on was fagged a healthy one y by Mar- riner S. Eccles, chairman of the Federal Reserve Board. “It is clear,” he sald, “that there s no excessive expansion in any field st this time. “There is no evidence of accumula- tion of inventories, of frantic bidding for a limited amount of goods or of an expansion of bank credit, save through the purchase of Government securities. The turnover of deposits s relatively low.” Telling reporters yesterday that the board was watching the general cred- #t situation and the stock market, Eecles sald money going into Wall Btreet was not depriving the capital market of funds and thus retarding Tecovery. ‘The chairman asserted the recent stock market rise was featured by cash buying. For that reason, he said, the board has been powerless to check the bull movement, even if it desired ¢o do so, because its only control is over the speculative use of bank credit. “I think,” he said, “there is an ele- ment of safety and strength in the Jact that security purchases are being fAnanced out of cash without increased use of bank credit.” He added, “I am doubtful whether & runaway stock market situation can proceed very far without being re- flected in an increased demand for borrowed funds.” ‘When that happens, he said, the board has “adequate weapons” to con- trol credit. Eccles conceded that alarm has been expressed in some quarters over the $3,070,000,000 in excess reserves of member banks, and that some have attributed the rising market for se- curities as a manifestation of the credit situation. “There is no speculative use of bank eredit in the present situation,” he declared, emphatically. ‘““The securities are being bought out of the abundant investment funds in behalf of corpo- rations and individuals, and out of funds sent to this country by foreign- ers who wish to invest here because they believe that this is the safest and most profitable use of their money.” CAPT. ROY G. WOOD, 53, BURIED AT ARLINGTON Funeral services for Capt. Roy Gelder Wood, 53, attorney in the office of the general counsel of the Bureau of Internal Revenue, who died -Wed- nesday at the Veterans’ Hospital, Oteen, N. C.,, were held today at 10| o'clock at the Fort Myer, Va., chapel. Burial with full military honors fol- lowed in Arlington Cemetery. Capt. Wood had been ailing for some time and several weeks ago left for Florida to take a rest. Subse- quently, he was in Bay Pines Vet- erans’ Hospital at St. Petersburg. His death occurred only a few minutes after he had reached the hospital at Oteen, where he had been transferred from St. Petersburg. THE WEATHER District of Columbia—Fair and colder, with lowest temperature about 26 degrees tonight; tomorrow fair and continued cold, rising temperature Monday; dimirishing northwest winds. Maryland—Mostly cloudy and slight- ly colder tonight; tomorrow fair and continued cold; rising temperature Monday. Virginia—Generally fair and slight- ly colder, probably freezing tempera- ture on the coast tonight; tomorrow fair and continued cold; rising tem- perature Monday. West Virginia—Fair and slightly colder tonight; tomorrow fair and ‘warmer. Temp. Baro. 30.17 8 30.19 : PR ocerd for Last 24 Hours. (F@®m noon vesterday to noon today.) Highest, 56, 2:15 p.m, yesterday. Year as0. 68, Loweit. 33. 6 am. today. Year ato, 52, eord Te T 3 Highest. 08, on July S, s Year Lowest,” —3, “on” January 28. Humidity for Last 24 Hours, Prom noon’yesterday to noon today.) Highest. 00 per cent. 8t 1 a. Lowest, 48 per cent. ‘at noon tod Tide Tables. (Purnished by United States Cost and Geodetic’ Survey) 2ot 4::«6«5:3 302 ome-half hour after sunset. ~ Lo o Precipitation, Monthly precipitation in inches in L\&ml (current month ty date): g onth, 1935. Average. Record. 385 7.09 82 bt s - (oo 0 0SRSo50m on onit s 2 D001 GRS RS FUEL OIL and SERVICE { i “OIL BURNERS, | Ralph 3, Moore Coal Co. 1401 N. Cap. St Pot, 0970 AMilisted with COLONTAL FUEL OIL TO, Detective Sergt. Leo T. Vogel- sang, who has been assigned to assist Lieut. Joseph Itzel in the investigation of the murder. ~—Star Staff Photos. 'HOLMES RELATES VISIT IN ETHIOPIA National Geographic Society Told How Natives Like to Be Called “Red” Men. While the Ethiopians are not mem- bers of the Negro race, they do not like to be called “whites,” Burton Holmes, noted traveler and lecturer, told the National Geographic Society during his illustrated lecture, “What I Saw in Ethiopia,” in Constitution Hall last night. They call themselves a “red” people, and the deep bronse cast of the faces of many indicates they are not far wrong, he added. Holmes pointed out that the Ethi- opians are probably of Arabian origin and that they are more closély allied to Arabic or Semetic groups in Asia than they are to their neighbors in Africa. He said, however, that many of the Ethiopians had Negro blood, due to the influx of slavery in some parts of the kingdom. Addis Ababa, the colorful capital of Ethiopia, is in a state of flux, the speaker indicated. Many of its ram- shackle buildings, among them the WoODWARD ot ‘Weeping, Mrs. George Loring, pictured with her husband, as she entered the Marlboro Court House today for further questioning in con- nection with the slaying of her daughter, Corinna Loring. (Continued From First Page.) vember 4, the approximate time of Corinna’s disappearance. Her gar- roted body was found on the ridge two weeks ago today. Say They Saw Car. Mrs. Harrlet Whitehead, 4104 Thir- teenth street, and Mrs. Mae Miles, 4105 Twenty-ninth street, said they were on their way to & song festival when they saw a closed car, apparently coming from the direction of the Loring home, being driven rapidly down Cedar street and onto the ridge. However, they did not notice the li- cense tag and probably could no& identfy the car. It was pointed out numerous couples in the vicinity frequently drove to the ridge and parked their cars there. Another development which may prove important was the disclosure | that Corinna’s watch, found trampled in the mud near her body, had stop- ped at 9:20. If it can be established that the watch stopped from a blow during the girl's struggles against her | assailant it will enable police for the first time to fix approximate time of | her death. Finder Started Watch. At first it was announced the watch had stopped at 9:05 when found. The man who found the watch, it was; learned, wound it and it ran until 9:20, when it stopped. Then it was turned over to & policeman, who also started it going. This time the watch ran until 7:40. If the watch stopped at 9:20 the night the girl disappeared, it was pointed out, Corinna must have been killed shortly after her assailant lured her from her home. Two friends of Corinna went to old royal palace, have given way to modern structures, and a wide boule- vard now extends from the station to the main part of the city. Motor traffic vies with camel trains, herds of cat- tle and flocks of sheep and goats in the principal streets. Railway Airdrome. An serodrome is to be established on the largest railway station of Leipzig, Germany. New Possibilities for Your Rooms with ‘Upper Marlboro last night to talk with Itzel. They were E. O. Schweigert, a neighbor, and Marie Long, a member of the slain girl's Sunday school class. Corinna was to have been married to Tear on the Wednesday after she disappeared. Mrs. Loring told police Corinna was in good spirits when she left the house about 8 o'clock to attend a church service. The girl had disap- peared, however, when Tear called for her at 8:40. Her door key and purse were found in the house, indicating she left in great haste. Police believe she was induced to leave the house by some one she knew who told her her mother or Tear was in trouble, or by some similar pretext. Y, NOVEMBER 23, 1935. BROADCAST TO AID WILL ROGERS FUND Capt. Frank Hawks Speaks To-| i o0 night on 17,000-Mile Flight in Interests of Memorial. As the Will Rogers memorial trust fund increased today throughout the Nation, a radio program was sched- uled for 10:30 tonight in the inter- ests of the campalgn, to be heard here through Stations WMAL and WJSV. Capt. Prank Hawks, who has been flying 17,000 miles over the country in the interests of the Rogers Memo- ria], will speak during the program on the results of this flight. Gene Buck, president of the Soclety of Authors, Composers and Publishers, will be master of ceremonies, and music will be presented by the Revels ers Quartet and Virginia Rae, soprano. ‘The Evening Star is accepting con- tributions to the Rogers memorial fund., The nature of the memorial is to be decided by a special commission of distinguished Americans and will be announced later. HARVEY W. P. HUNT RITES Episcopal and Masonic funeral serv- ices for Harvey W. P. Hunt, 78, retired employe of the Bureau of Engraving and Printing, were to be held this afternoon at 3:30 o'clock at Hines' Funeral Home, 2901 Fourteenth street. Burial was to be in Congressional Cem- etery. Mr. Hunt died Thursday night of heart disease at his residence, 3615 Albemarle street. He was retired from the bureau in 1923 after 40 years® serv- ice, most of the time as a plate printer. PLATE GLASS INSURED and all forms of Insurence J. Blaise de Sibour & Co. INSURANCE BROKERS 1700 Eye 8t. N.W. NAtL 4673 Me ‘WoODWARD & LoTHROP —The Christmas Store e Broadloom Carpet Picture your rooms with smart solid-color rugs or wall-to-wall floor coverings. You will immediately discover that they will bring an interesting new note to accustomed interiors —for they will cleverly accent the color tones of your furniture, to blend them into a thor- oughly distinctive liveable interior. A new shipment of thousands of yards of this popular type floor covering has just arrived. In this large selection you will surely find the correct colors and sizes to match your exact needs, 53.35 53.95 Square Yard Square Yard A heavy, servicesble car- A deep-pile, heavy- quality carpet in eights pet in modern shades. Nine and 12 foot widths. A few colors in 15-foot widths. widths. Not all colors in both widths. PERSIAN TWIST, a texture-weave carpet woven with interesting pebble effect, in 12 color tones. 2T7-inch width, $8.76 square yard. In 9,12 and 15 foot widths, $8.75 ard 5 .+« deserves special exercise at Christmas. For instance, your own reputation for imaginative giving will grow by leaps and bounds, through judicious application of the gifts suggested below. Over one's head with the greatest of ease . . . goes Tony Sarg's “good mixer” apron, depicting “the daring young man on the flying trapeze.” From a group of this diverting artist's entertaining aids ts $|.|5 price, a modest_ e FaNcy LiINEns, Seconp FLOOR. Give her Liberty . . . in a Paisley print chief. Straight from London (in & ment that includes ’kerchiefs versatile as to size and priced from $1.50 to $2.50.) ... HanpxERcHIEFS, AsLe 17, Pmst PLOOR. Ornamental as they a seful . . . imported pottery pieces in deep tones of rose or blue. A candy jar and a smoker’s two-piece set (the latter in rose SG only). Each The way to a man’s heart—especially if he kfl- bachelor hall—lies quite obviously in -'lllly assemb appetizer delicacies. You might start with Husdtley and Palmer'’s Reception Canapes, 30c; Crosse & Blackwell's Assorted Hors d’Oeuvres, each, 18c; and Fancy Peeled Shrimps, 25¢. Foop Smor, Furrx FLOOR. Al Civil War as an enlisted man, but GEN. DIMMICK BURIED | o = 2 <o > | ST QDS BAIN Burial services for Brig, Gen. Bu. | that conflict. He entered the Regular gene D. Dimmick, 95, U. 5. A, re- |Army as a second leutenant in 6“”2 "nE tired, who died at his home in Palo | August, 1867. He was retired at his own request after 40 years' service. 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See it demonstrated For Her Entertaining Toastmaster Hostess Tray Toastmaster with Hospitality Tray, entirely new in design, and with more accessories. Choice of walnut or mahogany tray. Complete with cutting knife, to match, two appetizer dishes and four individual snack plates of Fostoria crystal. Two-slice Toastmaster, smart, modern design in chromium. See it demon- SZI.SO strated In Antique White Finish, $22.50 Toastmaster with patented Flexible Toast-Timer which times each slice individually, automatically to golden-brown crispness. Toast- master pops up toast and shuts off all current. Chromium finish. Complete with attached cord. One-Slice Style, $]]-50 Two-Slice Style, $16 Housswarss, Prre FLoos.