Evening Star Newspaper, July 13, 1937, Page 18

A—18 = MEMBERS ELECTED 10 D. C. EXCHANGE Perry and Elgin Partners in Brokerage Firm of W. B. Hibbs & Co. » Governors of the Washington Stock Exchange today elected J. Carl Perry and James C. Elgin to membership on the exchange. The two new members are partners in the brokerage firm of W. B. Hibbs & Co., having been connected with the concern, which holds membership in the New York Stock Exchange and other exchanges, for more than 20 years, ¥ James C. Elgin They take the seats on the Wash- ington Exchange which had been held by the estate of the late W. B. Hibbs, founder of the firm bearing his name, and Karl W. Corby, whp had been a partner in the firm for many years and was an official of the local ex- change and president of the District | Bankers' Association at the time of his death about six months ago. The action of the Board of Govern- ors gives W, B. Hibbs & Co. five rep- Tesentatives on the exchange. The | other seats ar ¢ W. W. Spaid, who was e ceed Mr. and Paul P. Ronlc' partners in the firm. Exchange membership is now larger than 1t has been for some time. Sev- era] additions last year gave the roster & substantial boost in active members. CONGRESSMEN WANT MORE PUBLIC CASH Barred From A. A. A. Payments Because on Pay Roll Now, They Plan Law Change. B the Associated Pres Congress had under consideration today & proposal by Representative Democrat, of Texas that Congressmen be permitted to partici- pate in the Government's agricultural | programs Under an old statute, Kleberg said members of Congress cannot enter | into any kind of an agreement with the Government. “I personally would not be affected by the bill,” Kleberg said. “The King ranch in Texas is a corporation, and I | am paid a salary as an officer. But | other Con; smen who farm want to enter into soil conservation programs and find they can't.” Representative Fuller, Democrat, of Arkansas said 40 or 50 Congressmen | are farmers and are prevented from participation in the Government's ag- ricultural programs. He said a Sen- ate committee had approved a similar bill by Senator Robinson, Democrat, of Arkansas. WOMEN’'S CITY CLUB CARNIVAL PROGRAM SET | Program details for the Women's City Club cotton carnival and dance, | to be held Thursday night at the club house, were completed last night at a meeting of the Committee on Arrangements, headed by Mrs. Harvey W. Wiley. A style show, beginning with a cake walk and sin g of the theme song of the event, “Sally in Our| Alley,” by Miss Thelma Hardy of the Washington Opera Guild. will include 8 parade of cotton models. A fioor show will follow with an Irish reel, a fencing bout, whistling, dancing and singing. Refreshments will be served. Tickets are on sale at the club house. General dancing will begin at 8 pm CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS NEW YORK, July 13.—The follow- ing is today’s summary of corporation news, prepared by Standard Statistics Co., Inc., New York: Trans-Americ® Corp.—Stockholders of company approved distribution of of America N. T. & S. A, and the re- classification of the corporation’s 50,- 000,000 shares, no par, both issued and unissued, into 25,000,000 shares of the par value of $2, of which there will be 11,590,784 shares outstanding. Koppers Co.—The Ford Motor Co. awarded a contract to this company for the construction of an additional battery of 61 coke ovens, to be in op- eration early next Summer. Total construction cost will be $1,750,000, of which the Koppers contract amounts to $1,200,000. General Fireproofing Co.— June sales of company were the largest for any month in its history. Employ- ment of company is at an all-time iprak. with nearly 2,000 on the pay | rolls. | Standard Oil Co. of New Jersey— | Company and its subsidiaries, Co- | lonial Beacon Oil Co., Standard Oil CO of Louisiana and Standard Oil Co. | of Pennsylvania, increased tank car ! and tank wagon prices of all grades of gasoline 1, cent a gallon, effective July 13, 1937 Advance applies throughout the territories of the four companies with the exception of Met- ropolitan New York. Courtaulds, Ltd.—New $2,000.000 factory of company at Ribbleton, Preston, will start production in No- vember, 1937. About 8000 workers will be required when the works is in full production. American Telephone & Telegraph Co.—Report covering operating ac- tivities only for May showed net oper- ating income of $1.374.367, against $1,793,040 in May. 1936; in 5 months net operating income was $9,101,774, against 9,311,219, New England Telephone & Tele- graph Co.—May net operating income was $1,126,181, against $1,198,626; in 5 months net operating income was $5.527.650, against $5,320,245, ‘Washington Exchange SALES. Georgetown Gas 58—$1,500 at 113, $500 at 113, AFTER CALL. Capital Transit Co.—10 at 101, 10 at 1014, 100 at 101y, 10 at 10, 25 at 1014, 15 at 104, Bid and Asked Prices. BONDS. PUBLIC UTILITY. Asked Amer. Tel. & Tel. 4125 R0 | Anacostia ‘& Pot. 5s Ana & Pol. Guar. 3s C. & . Tel. of Va s amiti Tracton R R. 58 | City & Suburban 5s | Georgetown Gas,_ 1 Por. Flec. Pow. 314 | Wash. Gas 55 Wash. Gas 5z 1960 Wash. Ry. & Elec. 45 MISCELLANEOUS. Chevy Chase Club Ist 4145 M. Cold Storage 5s STOCKS. | PUBLIC UTILITY. Amer. Tel. & Tel. (9) Capiial Transit Co. | N & W Steamboat () | Bot. Flec. Pow, 4~ pid, (a) Po. E]. Po. 3'2" nf { Wash. Gas Lt. com Wash. Ry. & El com. (38) Wash. Ry. & ElL pfd. (5) BANK AND TRUST COMPANY. Sec & Trust Oo_ (eS) 290 b*100 an & Tr. (eR) FIRE INSURANCE, American () 100 Nationsl Union (.60) TITLE INSURANCE, Columbia (.30) Real Estate (f) Soiadb MISCFLLANEOUS Carpel Corp. (2.00) 19 | Merzenthaler Lino | Peoples Dr. Peoples D | Real Ex Security’ & | Ter Ref, & Wh corp. (3) & Toth. com. (+1.50) & & Btk o () about 58 per cent of stock of Bank | THE EVENING STAR, WASHINGTON, D. C, TUESDAY, JULY 13, 1937. Absolutely Nothing Reserved! 100% CLEAR-A-WAY; EVERY SUITE; ODD PIECES MUST GO! and Colonial Reproduction . . . COLONY HOUSE. On or About October 1st Our New Home 4244 Connecticut Ave. N.W. When this building is completed Washington will have an entirely new idea in the presentation of furniture . . . AN EXPOSITION OF 18th Century THE W. B. MOSES The COLONY HOUSE Only our determination to effect a 1009% CLEARANCE OF OUR ENTIRE PRESENT STOCK could explain such drastic reductions ... NOTHING WILL BE MOVED! When we close these doors on or about October 1st, NOTHING MUST REMAIN!... and we've cut prices to a ridiculously low level to do the job. Our new home, pictured above, will house an entirely new stock . .. so all present mer- chandise, regardless of quality, and the fact that it is fresh and new, MUST GO! This plan of ours makes a wonderful opportunity for every one to make extraordinary FURNITURE SAVINGS! Regularly $79.95 Sheraton Chest CLOSE OUT PRICE $39.95 $225 H eppelwhtte Bedroom Suites Swirl mahogany veneer, well made throughout with Clese-out Price dustproof drawer construction and with a finish to last $ many years. The suite comprises a Bed, Dresser, Chest 129 and large Dressing Table, not illustrated. Regularly $39.95 Salem Chest CLOSE OUT PRICE $27:95 This attractive chest in ve- REMOVAE Sale! PRICES NOW AS MUCH AS Regular $24 50 Pull Up Chairs CLOSE OUT PRICE *17.95 Chippendale pull up chairs cov- ered in a choice of expensive fabrics . . . one, two and a few of a kind . . . no re-orders. neered Honduras Mahogany reproduces all of the original beauty of the Colonial period . . even to the “Brasses.” A piece that you will love ‘“forever.” Solid Philippine Mahogany chest and writing desk (combination). The entire front is enhanced with beautiful inlay . .. practical for either bed or living room. N'S MIGHTIEST US AIR FLEET * $310 10-pc. Louis XVI Dining Room Suite . An exquisite teakwood veneer finish of an amber hue . . . the $ De luxe Skysleepers by night, Sky- FASTER TO LOS ANGELES - - - 7 7 7 {necesl arle exceptionally well made and commodious. An excep- 1 49 elabs by day .., the largest, most nhours, 24 minutes . . . Chicago. 4 hours. lonal value. CLOSE-OUT PRICE powerful planes . . . spacious luxu- 20 minutes (via connecting airline), rious interiors costing $10,000 extra $500 custom-built divan chairs For Information and Reservations: ide, full-length berths club lounge and sleep- ing compartments conditioned . . . F for speed, luxury, economy at new low Summer fares. Regularly $I9 95 Chippendale Arm Chair CLOSE OUT PRICE *11.95 A choice of a variety of attrac- tive coverings in this Philippine Mahogany Chair. Limited num- ber... hurry! TWA Office, 1381 National Press Blde. Tel. National 1451; Night Tel. National 7070: or any Hotel. Travel Bureau or Telegraph Office. THE LINDBERGH LINE $250 (three) Bedroom Suites . . Close-Out Price Beautiful, well-made mahogany suites . . . exceptional finish $ and carefully made. No more at this special price when they 149 are gone. A Special Close-out Group $ ' ODD BUFFETS...CHINA CLOSETS 19 9 i ... BEDS...VANITIES ([ and endless items at the Rummage Price R.B.Moses&(C 804 Rhode Island Ave. N.E. Plenty of Parking Space—No Traffic Delays SHORTEST, FASTEST—OVERNIGHT COAST TO COAST LADY, keep your shoes on! Stop that Pain—End your Corns Red Cross Corn Plasters are the quick, easy way to get rid of corns. Thin,com= fortable, waterproof — will not stick to stockings. Send 10c for trial package— write Dept. L-21, Ask for Red Cross Drybak Corn Plasters-12 for 25¢ Regularly $19.95 Duncan Phyfe Chairs CLOSE OUT PRICE $8.95 This solid Philippine Mahogany (crotch veneer top) chair has substantial imita- tion white leather seat. OPEN EVENINGS ~ During this sale we will re- main open after usual ‘hours (til 9 p.m. nightly) . . .80 excellent opportunity 'for the whole family to de- cide at once. A