Evening star. [volume], June 09, 1932, Page A-7, Image 7

About Evening star. [volume] (Washington, D.C.) 1854-1972

Image provided by: Library of Congress, Washington, DC

                
Reports Say Assets to Be
“Written Off” Are Com
paratively Small.
Bv the Associated Press.
CHICAGO. June 9—The Tribune
said today reports were current in La
6alie street that between R5 and 90
million dollars in assets in the three
major utilities in Chicago and suburbs
developed by Samuel Insull are to be
"written off ”
The paper said the sum repiesents
•bout 9 per cent of the assets, and its
comparative smallness is looked upon
by financiers as highly favorable and
indicative of “the thorough soundness
Of the properties.”
The three utilities are the Common
wealth Edison. Peoples Gas. Light &
Coke Co. and the Public Service Co. of
Northern Illinois, from control of which
Samuel Insull abdicated this week.
In S947.300.003 of assets of the three
Chicago area utilities, the Tribune said,
certified accountants who have been
auditing for weeks have been able to
find* only S90.000.000 in assets that
they could "question, doubt” or "de
preciate.”
The sum was not looked upon as a
total loss, it was reported, and the fig
ures of the auditors were in the hands
of Eastern bankers for inspection.
Insull did not suffer alone in the
financial collapse of his vast empire.
His close friends revealed that, like
the former magnate. Mrs. Insull like
wise was broken down in health and
needed a long period of complete rest.
She hid gnen un a stage career to
marry Insull in the days she was known
to thg theatrical world as Gladys
Wallis, "the girl in red.” Reports per
sisted she had lost her entire personal
fortune by purchasing utility stocks.
1a Salle street statistician, estimated
In-sull's personal obligations, now un
payable. would amount to $15,000,000,
of which about $5,000,000 had been
pledged to charities.
• ■ -•
BANKERS TAKE OUTING
Institute Delegates Seek Recreation
on Catalina Island.
LOS ANGELES. June 9 <A>) —Fol
lowing an afternoon and evening of
reorrathn on Catalina Is'pnri. dele
gates to th" Thirtieth Annual* Conven
tion of the American Institute of
Banking returned here today to resume
deoartmental conferences.
"There never has been sueh a r.eed
of straight thinking and outright
speaking on economic prcb'ems as
there is today." W. B. E. Hirst of San
Francisco said in an address to the
Public Speaking Conference.
-•
Near-Riot at Castle Sale.
Unruly scenes prevailed toward the
end of the sale of the contents of Lamb
ton Castle, the Earl of Durham's seat in
County Durham. England, recently. The
great hall was packed with bidders and
when some at the back protested that
frequently they could not hear the auc
tioneer it started a near-riot which
stopped the sale until order could be
restored.
finish Their Courses
W ASHINGTON GIRLS GET DEGREES.
——— ■ ■ ...
MARY V. COLUMBUS.
TERESA FINN.
Special Dispatch to The Star.
EMMITSBURG, Md.. June 9—St
Joseph's College held its graduating
exercises in De Paula auditorium of
the university late yesterday afternoon.
Right Rev. John P. Chidwick deliv
ered the address to the graduates and
Bishop John M. McNamara of Wash
ington conferred the degrees.
Rev. Motter Carmelita of Bethesda.
Md.. an alumna of Et. Jo-eph's Col
lege. received the degree of doctor of
law.-.
Washingtonians receiving degrees
and honors included Miss Mary Vin
centia Columbus, who received the de- j
gree of bachelor of arts, the classical |
course and was also awarded certifi
cates in education and journalism.
Miss Columbus was also the winner of
the senior church history essa” prize.
Miss Teresa Julia Finn of Wash
ington received the degree of bachelor i
of science and was awarded a certlfl
cate of education.
Among others receiving degrees were:
Bachelor of arts—Mary Eleanora Col
lins (summa rum laude) of Petersburg,
Va ' Marguerite Portland isumma cum |
laude) of Pottsville, Pa.; Constance
De Ruyter O'Brien, Baltimore, Md.;
Sara Frances Pryor. Emmitsburg. Md.;
Margaret Mary Troxell. Emmitsburg.
Md . and Mary Isabelle Eterhart, Get
tysburg. Pa. . , ,
Bachelor of science (secretarial
course)—Pauline Marie Holbert, Nor
Beautiful Offices
Moderately Priced
in The
You’ll be surprised at the reasonable
cost for a suite of rooms or a single
office in the Barr Building Large con
cerns or the professional man will find
this centrally located office structure an
asset to their business.
Three speedy elevators—rest rooms
and water coolers on every floor—large
outside rooms flooded with sunlight—
service and comforts never before ex
pected of an office building. We invite
your inspection.
WM. F. AI.BEE, Mgr.
The BARR BUILDING
Phone Met. 2777
SWIFT AS ELECTRICITY . . . CLEAN AS ELECTRIC LIGHT
lVTi~kH T wrtfldd tmtedtefacMc
J\UlV cookingwitti
Calrod—the million-dollar high-speed
heating element in the new General
Electric Hotpoint Range—gives electric
cooking remarkable speed and unsur
passed economy. Now you can have the
cleanliness, safety and convenience of
electric cooking for less than a penny per
person per meal! Meats and vegetables,
are cooked in their own tasty juices. Little
or no water is required. The natural
flavors and nourishing food elements are
sealed in—not boiled away. Pots and
pans, walls and curtains, stay spotlessly
clean. Your kitchen keeps cool and
healthfully free of fumes . . . Special
demonstration today at our display rooms.
By all means see Hotpoint before youbuy
any range. Easy terms,can be arranged.
GEN ERAL @ ELECTRIC
ELECTRIC RANGE I
MISS MYRTLE TURNEY, nationally
known Home Economist, direct from the
General Electric Kitchen Institute, will give
a demonstration of Electric Cookery—on
Friday afternoon, June 10th, at 2 p.m.—in
our Range Sales Room, 1st Floor.
You are invited to bring your friends.
Everyone will be given a Souvenir and a
Drawing for one of the prizes.
National Electrical Supply Co.
“A Washington-Owned Firm Working for the Best Interests of Washington”
1328-1330 New York Ave. N.W.—Phone NAtional 6800
folk, Va.; Margaret Bemlce James,
Speedwell, Va.; Frances Idella Young,
Graceham, Md.
Bachelor of science—Eleanor de
mentia Stout. Poolesville, Md
Bachelor of philosophy—Ann Eliza-;
both Lacy, Lynchburg, Va.
Bachelor of science (home economics
course)—Anna Ernestine Reahl isumma
cum laude),' Baltimore. Md.; Emily
Prances Austin, Cambridge, Md ; Mary
Margaret Hardey, Frederick, Md.; Mary
Teresa Metcalfe, Richmond, Va.; Rose
Amelia Neatrour, Petersburg. Va.- Mary
Frances O'Connell, Hagerstown. Md.;
Helena Marie Pierotti. Richmond. Va.,
and Genevieve Marie Walsh, Ports
mouth, Va.
-•
CITY NEWS IN BRIEF.
TODAY.
Card party. Friendship Temple, No. 9,
Pythian Sisters, 60 M street northeast,
8 p m.
Shabuoth services, Washington He
brew Congregation. 8 p.m.
Meeting, Washington section, Instl
tute of Radio Engineers, Kennedy-War
ren, 6:30 p.m.
Meeting. Washington Society of Auto
motive Engineers, Mayflower Hotel,
5 p.m.
Meeting, Washington Chapter. Amer
ican Association of Engineers, Kennedy
Warren, 7 p.m.
Meeting. Roerich Society of Washing
ton. Rears. Roebuck Art Gallery, 1106
Connecticut avenue. Illustrated lecture
on "The Renaissance of Art in Egypt,”
by Andred Cattaui, 8:30 p.m.
Meeting. Catholic Evidence Guild,
Immaculate Conceptlorf Hall, 8 p.m.
Meeting. A1 Smith Club, Arlington
Hotel, 8 p.m.
FUTURE.
Luncheon. Congresional Country
Club, University Club, tomorrow, 12:30
p.m.
Dinner, Round Table, University Club,
tomorrow, 6:15 pm.
Add a dash of
WHITE
A ‘‘dash of white” adds just the right zest
to a Summer costume.. .and Walk-Over shoes
offer that sublime comfort and fit that makes
them so stunning to look at and so comfort
able to wear.
The Moritz
Genuine White Buckskin with
Brown Calfskin or Black Trim.
WolfskafyL’&ver Shop
929 F Street /
BULLET VICTIM DECLARES
CUSTOMS MEN SHOT HIM
Inspectors Fired on by Liquor
Runners in Second Incident
on Detroit River.
By the Associated Press.
DETROIT, June 9.—Federal customs
border patrol inspectors %ere Involved
in at least one pistol fight with rum
runners on the Detroit River this morn
ing.
Heinrich A. Plcl.ert, collector of cus
toms, said he had received no report of
the shooting of Stanley Busby, who was
taken to the Metropolitan Hospital at
Walkervillp, Ontario, with a bullet
wound in his head. The collector said,
however, that customs inspectors were
fired on by rum runners at the foot of
Randolph street at 3 a.m., when they
sought to stop a heavily laden Jugger.
They returned the fire, but the rum
runners escaped.
Busby, in a statement at the hospital,
said ha had been shot by customs in
spectors near Belle Isle. He was
brought to the hospital by Lon Rich,
who left without making a statement.
Provincial officers said Busby and Rich,
both of Detroit, comprised the orew or
a liquor-smuggling boat.
TWO PLAYS SCHBDOLB0
"Caste," a mid-Victorian ecanedy ro
mance, and “The Horde* fa the Red
Barn," a melodrama of 1897, will be
presented here tomorrow and Saturday
nights by the Jitney Players—motor
touring actors.
The players, who are appearing under
the sponsorship of the Women's Inter
national League for Peace and Freedom
and a number of prominent patronesses,
will set up their own stage at the Sid
well Country School, 3801 Wisconsin
avenue. The patronesses Include Mrs.
Louis D. Brandels, Mrs. Robert La Fol
lette, Mrs. Edward P. Costlgan, Mrs. J.
Borden Harriman and Miss Sybil Baker.
STORE HOURS: 7 A.M. to 5 P.M.—Saturdays, 1 P.M.
Give the Screens
a Coat of Paint
'y^/’INDOW screens look better, stay on the Job
longer, when given a timely brushing with
GOOD PAINT. You can buy paint for this and all
other purposes to greatest ad
DU PONT
INTERIOR
GLOSS
—Paint ia made
especially for Kitch
en and Bathroom
walls and woodwork.
Has an extra high
gloss, readily clean
able—stands repeat
ed washing. Comes
in many tints.
vantage at Reilly’s—home of—
Du Pont Paints, Varnishes, Stains
and “Duco.”
U. S. Deck Paint, Barreled Sunlight.
Dixon’s Maintenance Floor Paints.
“Decolac" Rapid Drying Enamels,
etc.
Specially l!ow Prices
HUGH REILLY CO.
PAINTS—GLASS
1334 New York Ave.—Phone NAt. 1703
CORNS GO
At All Drag Stores
E-Z Fkdi ro*
IIoto shoo
pressure • • •
... pain stops
Instantly*
. . . CORNS
DISAPPEAR.
No harsh
medicine,
Have HAPPT
FEET ....
Only 25c
BABY WONT CRY
WHEN ITCHING
SKINJOOTHED
Itching and burning skin makes
poor baby cry and cry. Stop that
first by applying Poslam, soothing
and healing to the tenderest skin.
Mothers everywhere use it and de
pend upon it Its quick relief and
great healing properties are its great
est qnalities. Get Poslam at any
drug store. 50c.
_POSLAM
I Simply spray or pour Discovery B
down base-boards, in cracks in I
walls and beds...where bedbugs I
lurk and breed. Safe. Stain- I
less. Sure. Cheap. Guaranteed. I
1,500,000 cans sold last year. I
El,173 miles
without motor repairs
. on AMOCO OIL and GAS
Public utility truck, inspected by famous public engine
testing laboratory*, found in excellent condition.
THERE'S real protection for any motor
in Amoco Motor Oil and Amoco-Gas!
Dramatic proo’f was recently found by
a large public utility company that has
been using Amoco products exclusively
for several years.
One of their trucks that had travelled
61,173 miles over mountainous territory
... winter and summer ... on good roads
and bad, was examined by a famous public
engine testing laboratory and carefully
checked for wear. The truck was in good
running order, and not a penny had been
spent on the motor for repairs.
Here are some of the high-lights of the
the report:
Bearings, pistons, and cylinders showed
(remarkably little wear. Much less than is
usual at 20,000 miles!
V alves and seats in good condition. JNo
signs of burning. Clearance within .004"
of specifications. Compressions 75-80
pounds.
Crankshaft end play within .003" of
specifications.
Fuel consumption 21 miles per gallon,
at speed of 25 miles per hour.
Cylinder head free from carbon. Only
a very slight coating of sludge on bottom
of pan. Pump screen clean.
The owners of this truck were not sur
prised. Many of their cars and trucks
have run over the 50,P00 mile mark with
out carbon removal.
What better proof that Amoco Motor
Oil and Amoco-Gas reduce operating
expenses and add to the life of any car!
The AMERICAN OIL COMPANY
Also maker of Orange American Gaa
Washington Office: Sonth Washington. Va,
• Name furnished upon request
AMOCO
MOTOH OIL
What batter proof that
Amoco Motor Oil and Amoco-Gas
add to the life of any car •
_