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MEMBERS ELECTED TO 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 film 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. r — J. Carl Perry. SH&k James 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, who 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 <fc Co. five rep resentatives on the exchange. The other seats are held by W. W. Spaid, who was elected vice president to suc ceed Mr. Corby; J. Thilman Hendrick and Paul P. Rodler, partners in the firm. Exchange membership is now larger than it has been for some time. Sev eral additions last year gave the roster • substantial boost in active members. , CONGRESSMEN WANT MORE PUBLIC CASH 3arred From A. A. A. Payments Because on Pay Boll Now, They Plan Law Change. By the Associated Press. Congress had under consideration ♦oday a proposal by Representative Kleberg. 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 Congressmen 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 committep 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 flub 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 fake walk and singing of the theme song of the evrnt, "Sally in Our Alley,” by Miss Thelma Hardy of the Washington Opera Guild, will include a parade of cotton models. A floor show will follow with an Irish reel, a fenring bout, whistling, dancing and singing. Refreshments will he served. Tickets are on sale at the club house. General dancing will begin at 8 p.m. 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-Americft Corp.—Stockholders of company approved distribution of about 58 per cent of stock of Bank of America N. T. <fc 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 owns, 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 peak, 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 rar and tank wagon prices of all grades of gasoline >2 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 8,000 workers will be required when the works is in full production. American Telephone fiz 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 <fc 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, -«- j Washington Exchange SALES. Georgetown Gas 5s—*1.500 at 113. $500 at 113. AFTER C ALL. Capitol Transit Cn—10 at, 10l4, lo at loi,. jpo at lo*,, 10 at 10>4. 25 at 10'4. 15 at lO'/g. Bid and Asked Prices. BONDS. PUBLIC UTILITY * , Bid. Asked. Amer. Tel. A Tel. 4*as_ 104 Anacostia A Pot. 5s _ 66 Ana A Pot. Guar. 5s _ 107 ' C. A P Tel of Va 5s _105 Capital Traction R R. 5s. 85 88 City A Suburban 5s _ 76 79 Georgetown Gas 1st 5s_112 Pot. Elec. Pow. .Vas. _ __ 101 <2 Wash. Gas 5s 1958 __ 105 106 Wash. Gas 5s I960. 115*2 117 Wash. Ry. A Elec. 4s 106 _ MISCELLANEOUS. Chevy Chase Club 1st 4’aS 104 _ W. M. Cold Storage 5s 100 _ STOCKS. PUBLIC UTILITY. Amer. Tel. A Tel. <9) *168 Capital Transit Co. in ll N A W Steamboat »6) *105 _ Pot. Elec. pow. 6^ pfd. < 6> 112*4 Po El. Po 5’2r. pf <5.501 111*2 _. Wash. GasLt.com. <3.60* er “7 79 Wash. Ry. A El. com. <36> 6PO Wash. Ry. A El. pfd. (5) 109 _ BANK AND TRUST COMPANY. Amer Sec A Trust Oo (e8) . 290 30R Bank of Bethesda <h.75)_ 34 __ _ Capital <4 ) 140 Com A Savings (elO)_ 210 Liberty <4> _ *150 160 Lincoln <f6.25> 2»»<> Natl. Sav. A Trust 187 Pr. Georges Bk. A Tr. (.50) 17 21 Rices <pK> *325 335 Riggs nfd. (5i __ b*inn Washington <6) 130 Wash. Loan A Tr. <e8) 275 300 FIRE INSURANCE. j American (6> ___ino _ Corcoran (5) _J 80 _ Firemen s <1.20) _ 28 _ National Union (.60) _ 14*£ _ TITLE INSURANCE. Columbia (.30)_ _ 11 15Mi Real Estate (6). _____ 170 390 MISCELLANEOUS Carpel Corp <2.00) _ 19 23 Lanston Monotype ( + 4) 89 95 Mergenthaler Lino <2 not 4234 43*^ Peonies Dr. St. com. < + 1 on) 50 53 Peoples Dr St. pfd ^6.50) HI Real Est. M ArG pfd (**.70) 43a 5% Security Storage <5) 112 125 Ter Ref. A Wh. Corp. (3) 60 Wdwd. A Loth. com. <t1.50) 60 68 Wdwd. A Loth. pfd. (7) __ 116 _ *Ex dividend, b—Books closed. rr Ex rights. i tPlus extras. | e—Cr' extra. ; f—1’3'V extra, h—75c extra **25c paid June 30. 1936. 45c paid De cember 22. 1936. De luxe Skysleepers by night, Sky- FASTER TO LOS ANGELES • • • 17 dobs by day . . , the largest, most hours. 24 minutes . . . Chicago. 4 hours, powerful planes . . . spacious luxu- 20 minutes (via connecting airline), rious interiors costing $10,000 extra ... $500 custom-built divan chairs For Information and Reservations: t, . wide, full-length berths . .. sepa TWA Office. 1381 National Press Bldg. Tel. National 1461; Night Tel. National 7070: or any Hotel. Travel Bureau or Telegraph Office. THE LINDBERGH LINE 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-12for 25e 100%CLEAR-A-WAY; EVERY SUITE; ODD PIECES MUST GO! |gg .^_■ On or About October 1st A 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 and Colonial Reproduction . . . THE W. B. MOSES COLONY HOUSE. The COLONY HOUSE 1 Only our determination to effect a 100% 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! $100,000 WORTH OF FINE FURNITURE TO BE CLOSED OUT AT ONCE! ■4 -r Regularly $79.95 Sheraton Chest CLOSE OUT PRICE *39.95 Solid Philippine Mahogany chest and writing desk (combination). The entire front is enhanced with beautiful inlay ... practical for either bed or living room. ★ Regularly $19.95 Duncan Phyfe Chairs CLOSE OUT PRICE *8.95 ITiis solid Philippine Mahogany (crotch veneer top) chair has substantial imita tion white leather seat. $225 Heppelwhite Bedroom Suites Swirl mahogany veneer, well made throughout with Pri«« dustproof drawer construction and with a finish to last many years. The suite comprises a Bed, Dresser, Chest r I J \ M and large Dressing Table, not illustrated. P Regularly $39.95 Salem Chest CLOSEOUT PRICE *27-95 This attractive chest in ve il neered Honduras Mahogany |L reproduces all of the original Up beauty of the Colonial period . . . even to the “Brasses.” | A piece that you will love “forever.” *r $310 10-pc. Louis XVI Dining Room Suite An exquisite teakwood veneer finish of an amber hue . . . the < pieces are exceptionally well made and commodious. An excep- ^ tional value. close-out price $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 are gone. A Special Close-out Group ODD BUFFETS... CHINA CLOSETS ... BEDS... VANITIES and endless items at the Rummage Price W. Booses & Co. 804 Rhode Island Ave. N.E. Plenty of Parking Space—No Traffic Delays Regular $24.50 Pull Up Chairs CLOSEOUT 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. Regularly $19.95 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! ft t V.