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Governing Security Companies Assailed J. Clifford Folger, Washington financier who recently was re elected president of the Investment Bankers’ Association of America, de clared in an address in New York last night that investment com panies issuing securities should be relieved of some of the CQmplexities of registration and detailed reports now required by the Securities and Exchange Commission. This country has the most com plicated rules for financing on the face of the globe, he asserted in a talk before the New School for So cial Research. Present prospectuses on new issues greatly need stream lining, Mr. Folger said, adding that customers won’t even start to wade through 100 pages of printed ma terial assembled to meet SEC re quirements. Investment bankers need SEC help on more practical registration requirements, he said. In the days ahead, investment ba’nkers will need to press the sale of securities just as the Government pushes the sale of War Bonds, and dealers should not be made tech nically liable for this selling activ ity, he asserted. Mr. Folger urged that a liaison committee be established to meet regularly with the SEC, such as the Treasury, Federal Reserve and De partment of Commerce now have in their respective fields. Speaking on ‘‘Ten Years of the EEC Under the Securities Act of 1933," the investment banker said the Government agency always has had great popular appeal with the public. "Make no mistake, it is here to stay," he concluded. \Y AereTo Go Jjfeggat To Do DANCE CONCERT. Presented by Dance Playhouse Group, 1742 Church street N.W., 8:30 o'clock tonight and 4 p.m, tomorrow. DANCES. United Nations Girls, National Press Club auditorium. 9 o'clock to night. Officers and enlisted person nel invited. Texas State Society, Wardman Park Hotel, 9 o’clock tonight. Lt. Gen. Barney M. Giles, guest speaker. Oklahoma State Society, Shore ham Hotel, 9 o’clock tonight. West Virginia State Society, Shoreham Hotel, 9 o'clock tonight. Student Veterans, G. W. U„ Wil lard Hotel, 9 o'clock tonight. Mem bers and guests. EXHIBITS. “Art in the Countries South of Us,’’ Public Library, Eighth and K streets N.W., 9 a.m. to 6 p.m. week days through Wednesday. Drypoints in black and white and In color by Mortimer Borne of Brooklyn, N. Y., division of graphic arts, Smithsonian Institution, on Mall, 9 am. to 4:30 pm. daily through December 17. Third annual exhibit of Artists’ Guild of Washington, Corcoran Art Gallery', noon to 4:30 p.m. Monday; 9 a.m. to 4:30 pm. Tuesday through Saturday, and 2 to 5 p.m. Sunday, through Wednesday. New York City Camera Club show, section of photographs, arts and in dustries building, Smithsonian In stitution, on Mall, 9 am. to 4:30 p.m. daily, through December. French prints and drawings of the 18th century, National Gallery of Art, 10 a.m. to 9 pm. weekdays, 2 to 10 pm. Sunday, through January 14. 1945. Old glass exhibit, DAR Museum, Memorial Continental Hall, 9 am. to 5 pm. daily except Saturday, 9 a.m. to 1 p.m., through June 30, 1945. * HIKES. Wanderbirds’ Hiking Club, Alex andria, Four-Mile Run and Falls Church; meet at Virginia bus ter minal. Pennsylvania avenue and Twelfth street N.W., 8:45 am. to morrow. Capital Hiking Club. Seminary to Annandale, Va.; meet at A., B. & W. bus terminal, Twelfth street and Pennsylvania avenue, 9 am. tomor row. SOCIALS. Party, New York Presbyterian Church, 8 o'clock tonight. Peruvian night with music, films and address by Peruvian Ambas sador, Department of Interior audi torium, 8:30 o'clock tonight. TRIPS. Potomac area, American Youth Hostels, bike trips to Annandale, Va., leave Seventeenth street and Penn sylvania avenue N.W., 10:30 a.m. to morrow; to National Airport, Alex andria: leave Seventeenth street and Pennsylvania avenue N.W., 1:30 p.m. tomorrow. FOR SERVICEMEN. Stage Door Canteen. Belasco Theater, tonight—Ray Weigand’s Eight Tumbling Daughters; Helen Unsinn. marimba player, and Lillian Leonard of “Gay ’90s Revue.” Cabaret night with Arthur Murray —USO Club, 1911 H street N.W., 8 o'clock tonight. Dance, Masonic Service Center, Thirteenth street and New York Avenue N.W., 8 o’clock tonight. Dance, Jewish Community Center - USO, 9 o’clock tonight. Variety show, USO Club, Eighth street and Pennsylvania avenue N.W., 9 o'clock tonight. OFFICERS. Officers’ Service Club dance, May flower Hotel, 9 o’clock tonight. Party, sponsored by National Council of Jewish Juniors, Hotel Ambassador, 9 o’clock tonight. Dance, Junior Officers of Wash ington, 735 Seventeenth street N.W., 9 o’clock tonight. Building Association Elects 3 New Concerns The District Building Owners end Managers’ Association has. elected three concerns to membership, the first organizations named outside the city, It was announced today. They are Westover, Inc., Arling ton; Falkland Properties, Inc., Sil ver Spring Md., and Newesta Corp., Alexandria. Subway Project Here Waits Official Nod, Citizen Head Says Hie Bradbury Heights Citizens’ Association last fiight unanimously approved the proposed postwar con struction of the proposed $56,400,000 Washington subway system. Asserting that District Commis sioners are withholding an official nod to the plan until the reaction of civic, business and citizens groups to it has been definitely ascertained, Henry Austin, retiring president, recommended that other organiza tions act expediently on the subject. Earlier, the association passed three resolutions to be referred to the District Public Utilities Com mission. They asked that bus operators on the W., M. & A. lipes give transfers to Bradbury Heights school children who want to continue to their schools on Cap itol Transit buses and streetcars; they recommended a change in the bus reloading procedure at Commo dore Barney Circle; they petitioned a shelter platform for outgoing pas sengers from the circle on the W., M. & A. lines. The School Committee reported construction had begun on an 8 room elementary school at 44th and H streets S.E. Request for the building, which is to be named the Adelaide Davis School, was made over 10 years ago. Officers elected for the coming year were: President, Prank P. Ran dolph; first vice president, Andrew P. Cranford; second vice president, E. S. Alverson; recording secretary, Alfred B. Pierotte; treasurer, Frank Nicholas: historian, C. Charles Cabot; delegates to the Federation of Citizens’ Association, Henry Austin and Samuel E. Peake; delegates to the Southeast Council, Mr. Austin and Mr. Cranford; delegates to the District Public Schols Assocition, Mr. Austin, Mrs. Samuel Peake and Mrs. Andrew Cranford. Mr. Austin presided over the meet ing, which took place in the Brad bury Heights Methodist Church. PX Cigarette Customers Allowed 2 Packs a Day Post exchanges and ship stores of serVice hospitals and other military establishments in the Washington area are selling only two packs of cigarettes to a customer per day, providing they are in uniform. At Bolling Field and Fort Myer, civilian employes of the posts with proper! credentials may buy one pack; j All PXs and ship stores, like civilian establishments, are on aj quota basis, but in most cases they, report supplies sufficient to meet* demand. The officer in charge of the ex :hange at Fort Myer, however, has >nly a day and a half supply in stock. Walter Reed Hospital appears to >e the only establishment where a eal cigarette pinch is being felt.) Servicemen are being limited to one! pack per sale, and sales to civilians were halted two weeks ago. With four PXs in operation at Bolling Field, it is possible for aj serviceman to stock up with eight) packs at a time. An officer there) admitted the possibility of a little* boarding. An officer with the military dis-: trict of Washington said some serv- j Icemen were returning to lines on' the same day, apparently “stocking up for their friends.” He said there was nothing the authorities could do about it. WANTED I HOUSES To Sell or Rent wwws 808 N. Capitol St. NA. 6730 j VACANT 2124 Bancroft Place N.W. One-Halt Block From Conn. Are. This attractive town house has been completely redecorated and is ready for immediate occupancy. It contains 6 large master bedrooms with 3 baths and 3 maids’ rooms with 2 baths. Entrance hall with street level leads to reception room, coat room, powder room and to kitchen at the rear. The next floor has large living room and dining room and large butler's pantry fur nished with refrigerator and kitchen accessories. Available on terms or possibly for rental to a legation or embassy. First trust of f20.non at 4 w* has recently been placed on the prop erty. Inspection by Appointment Call Mr. Carpenter RANDALL H. HA8NER & CO. INCORPORATED 1321 Connecticut Avanue N.W. DE. 3600 . piimmiHiiHifiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiniiiiiiHiiiiiiiiiiititiHiiiiiiiH jj Close to Cathedral ■ Intown Location t || 3835 Garfield St. N.W. Immediate Occupancy A Well-Built Semi-Detached Red Brick. A Real Comfortable Home ip m FIRST FLOOR—Living room, dining room, library, lavatory, ultra- = = modern kithcen, pantry. j§| — SECOND FLOOR—‘four bedrooms, two baths, storage attic. iH BASEMENT—Recreation room, toilet, fumoce and laundry room, = 3= two storage closets; two-cor detached garage, nice rear yard; = transportation within one block; near schools, churches and stores. ip Open Sunday, 12 to 6 SE Out Mass. Ave. to Cathedral Ace., left on Cathedral to :SB 3Sth St., left on 3Sth to Garfield St., right to haute. 8 J. RUPERT MOHLER, Jr. == KEALTOB H| 1223 Connecticut Avenue • Exclusive Agent. ... 139 Two-Story Home Units for Colored in Two Areas Approved Construction of 139 2-story brick dwellings for colored persons in the Northeast and Southeast sections of the city has been authorized by the District Building Department. The two projects will cost a total of $455,000. East Hills, Inc., of Washington received authorization for flfl of the homes, estimated to cost $214,000. They will be built in the 4600, 4700 and 4800 blocks of B street S.E. on undeveloped land. The project may be completed by April 1, 1945, officials said. Kirkauff & Bagley, Chevy Chase, Md., are the architects. Shipley & 25th Street, Inc., also of this city, received permits for the construction of 73 homes, to cost $241,000. Sites selected are in the 200 block of Sixty-second street, 200 block of Sixty-third street, 300 block of Sixty-third street, 300 block of Eastern avenue and 6300 block of Southern avenue, all in the North east. Kirkhauff & Bagley also designed these homes. The District also has Issued per mits to the Shipley firm for con struction of nine 2-story brick-and cinder dwellings in the 6100 block of Banks place N.E. The Federal Government has been given a permit to construct an exit facility at the Belasco Theater, now occupied by the Stage Door Canteen. Cost is estimated at $1,900. U. S. Gets Injunction Against K & R Bakery Justice Daniel W. ODonoghue of District Court yesterday granted the Government a preliminary injunc tion against Samuel Rubenstein, op erator of the New York K & R Bakery, 800 block of Fourth street N.W., enjoining him temporarily from manufacturing bakery prod ucts under alleged insanitary con ditions. At the same time. Justice O'Donoghue denied a defense mo tion to dismiss the Government suit for an injunction against Mr. Ru benstein. The motion, which was argued several days ago. was based! on the contention that the Federal; Drug and Cosmetic Act, under which j the Government brought suit »ast July did not apply to Mr. Ruben- i stein. I $1,232,000 in Tax Demanded From Actor By th« Associated Prw». LONDON, Dec. 9.—Actor Claude Rains is receiving $1,380,000 to star in the filming of George Bernard Shaw’s “Caesar and Cleopatra,” but he will give up $1,232,000 of it in taxes. A salary of $48,000 clear .of taxes was agreed upon for Mr. Rains’ services. Only by payment of a gross $1,280,000 can be net the $48,000. Film authorities said that a con tract guaranteeing remuneration at such a rate for perhaps little more than six months' actual work was unprecedented here. Fijian Awarded VC For Saving Comrades Ey the As«oci»ted Pres». SOMEWHERE IN THE SOUTH WEST PACIFIC (Delayed).—The Victoria Cross, Britain’s highest war decoration, has been awarded post humously to Corpl. Sefanaia Sukan aivalu, a Fiji Islander who offered his body to Japanese machine-gun bullets to save his comrades. Sukanaivalu, member of a Fijian battalion in the fighting on Bou gainville Island in the Solomons last spring under American command, is thought to be the first British colonial fighting man to receive the VC in this war. With the American Army engineers and artillery support, the Fiji bat talion went ashore June 23 in the Mawaraka area and as it started in land was ambushed by a Japanese battalion. Sukanaivalu rescued two wound ed men and then was hit. He was unable to move. Several attempts to bring him out resulted in more casualties. He called to his com rades that further sallies to rescue him would be disasterous for them. But apparently realizing his friends would never leave him to die, Sukan aivalu raised himself from the ground to allow the Japanese bul lets to riddle his body. I OPEN SUNDAY 1 TO 6 ««—Mimillll—|M<| —mr- ■■■ I | ■ .1 117 Hesketh Street, Chevy Chase, Md. In Blastsi Sacrament Parish £.wTT. C,®1*"4*- A «*»*“*»*• spacinos. owner-occupied home In perfect condition. First floor: Center entrance hall, larte Urine room <opens to screened porch), dininr room, breakfast room, kitchen. Seeond "®®r.„ ?8K b*dr”®">' .2u"*t«r bedrooms and * baths—stairs to larce storare attic. Maid s room and baths ail burner. 2-ear brick raraxe. 5 Immediate Possession—Price $18,950 EMMA MOORE SCOTT, Realtor 1510 31 St Street, N.W. Dl. 1164—OL. 5464 - 1 - I J. H. BENOIT'S OFFERINGS THIS WEEK CLARENDON. VA. THREE BLOCKS FROM CLARENDON CIRCLE. 4 bed rooms and bath on second floor, all rooms have exceptionally large clothes closets. FIRST FLOOR; Living room 14x2fl with open fireplace, sun porch 10x2« Dining room 14x14 Large kitchen with pantry, electric refrigerator and gas stove, back porch. Full basement with hot-water heat, laundry traya and outside entrance, two-car garage, lot 75xl2fi. block to Safeway * mn,Wll'u2 blocks to school. All for the extremely low price of 113,600 —*o,ouo cash, terms. GLEBE ROAD AND WILSON BLVD.—Zoned for business. 100 feet on Wilson Blvd. and 12« feet on Glebe Road or 28.000 square feet, an eleven room frame house. converted into 4 apartments and a large garage are included. The price, $25.000, a substantial cash payment will be required. ALEXANDRIA, VA.—Completely furnished guesthouse; 10 rooms, three baths. This is a stately Colonial two-story brick with beautifully fenced side yard; lot 60x90 on a corner: annual income over $4,200. Considered jj under-priced at $22,600, terms: a substantial cash payment, balance monthly. GLARENDON, VA.-—Large, comfortable frame house of eleven rooms with ! bath and a half; close to stores, bus and schools; an extra lot zoned for business fronting 50 feet on Wilson Blvd. is included at the price of $13,750; substantial cash, terms. | --—-. ARLINGTON RIDGE. VA.—Apartment house. 5 apartments, 4 completely furnished; one occupied by owner will be available to new owner, yearly b<K? nnne'hftlf y°,ck- 10 miJLu,tes *Tom Washington. Price, $23,600, terms, $6,000 cash, balance monthly. Open Sunday 10:30 AM. ta 7 PM. J. H. BENOIT 5867 North Washington Blvd. j Arlington, Vo. Chestnut 6677 CHEVY CHASE, D. C. 'Hi! IV A • ^jQy..v:w»:v:v-v:x:-:/v <. Jr- ■ _v ___ 4543 Grant Road N.W. This whit* frame home has a 30-foot living room, bath on 1st floor, dining room, lorge modem kitchen and open deck porch on 1st floor. 4 bedrooms ond 2 baths on 2nd floor. 2 bedrooms and 1 bath on 3rd floor. Oil hot-water heat; detached 2-car garage. Rented until March 31, 1945, ot $250 per month, furnished. Can be purchased furnished or unfurnished and as an investment shows excellent return. Price Unfurnished, | *12,950 OPEN SUNDAY 1 TO 3-OTHER TIMES SY APPOINTMENT. ' To Heath: Out Conn. Ave. to Albemarle Street, left to 39tb Street, right to house, Inez Cushard—Dl. 8843 * Y Building, Electrical Codes Modifications Urged on D. C. Heads The Commissioners have under advisement today suggestions of builders, architects and real estate operators, rooming house owners and representatives of hotels and restaurants urging modifications in changes proposed for the District building and electrical codes. Don Gingery of the Washington Real Estate Board suggested estab lishment of a committee, composed of three members of the Building Deparment, a similar number from private industry and the Engineer Commissioner—who could cast the deciding vote in case of a deadlock —to study the codes. He said that many compromises would have to be reached before various witnesses who testified before the Commis sioners would be satisfied. Supports Conference Idea. Ralph Scott, representing the Washington Restaurant Association and the guest house division of the association, also backed the idea of a conference to present the views of his group. Arthur J. Harnett, secretary of the Washington Hotel Association, outlined the viewpoint of hotel oper ators. He offered no objection to the new definition of a place of public assembly as a room with a seating capacity of 50. It takes a room with a seating capacity of 900 now to bring It within the regula tions for places of public assembly. Earlier In the hearing Louis Jus tement, chairman of the Building Code Committee of the Washington Building Congress, recommended es tablishment of a building code board of appeals because "some means must be found to relieve restrictions which are often unwarranted by the condition affecting particular cases.” Explains Changes. At the outset, Commissioner John Russell Young explained that the proposed changes in the building and electrical codes had four major objectives: "First, clarification of the exist ing regulations; second, addition of requirements not now in the build ing or electrical codes which are deemed necessary for safety, most of which conform with the recom mendations of the National Board of Fire Underwriters and National Fire Protection Association; third, inclusion within operation of the regulations of certain uses not now included, and, fourth, transfer from the electrical code to the building code of certain provisions relating to emergency lighting, alarm bells and the like.” Among others who testified were Charles J. Rush, secretary of the Real Estate Board, and Alvin Au bino, architect and builder. Stockings Filled for GIs CHICAGO (JP).—Santa Claus Is making an early visit to the Uni versity of Chicago—to fill 1,000 stockings for servicemen. I VACANT—PRICED TO SELL l 1408 Montague St. N. W. 1111 Center-hall Colonial brick home, contains 4 bedrooms ond 2 baths; one | open ond one inclosed sleeping porch on rear; stairway to full attic; built- | in goroge. This home features living room, 15x28; large library, G. E. oil | ml burner, roll screens, extra large refrigerator, lawn sprinkler system. Home 11 m| 15 exceptionally well-built ond in excellent condition. Convenient to M| mil Street transportation, schools, churches, shopping, etc. ||j Opan Sunday 11 A. M. to 4 PM. To inspect: Out 16th St. to Montague St., right to home. FRANK S. PHILLIPS , Exclusive Agents POTOMAC HEIGHTS , •12,750 2336 Nebraska Ave. N.W. OPEN SUNDAY 1 TO S P.M. This home contains 6 good-size rooms, large recreation room, large Jot, oil heat. Located in a splendid neigJiborhood surrounded by good houses on the Potomac between streetcar and bus line; near in D. C. House about five years old. Papering and pointing will make home look like new. Out MaeArthur Blvd. to Nebraska Ave., left on Nebraska to home. Frank S. Phillips Iieluin Ascnti Dl. 1411 j CHEVY CHASE, D. C. ||| 6916 33rd Street N.W. VACANT This attractive center hall brick Colonial home is now available for imme diate occupancy. It is located in a restricted area of new homes, about 1 mHe east of Chevy Chase Circle. It was formerly used at a model home in the spring of 1942. Built of prewar materials, it is thoroughly modern. 6 rooms, lavatory on first floor, 3 spacious bedrooms and 2 baths. Full base ment with open fireplace end easy stairway to large floored attic. Fully insulated at the roof. Large up-to-the-minute kitchen with breakfast set and picture window. Immaculate condition. Attached garage. PRICE *18,500 I Open Today, 1 to 9 P.M.—Sunday, II to 9 PM. WILL SELL QUICKLY. SEE IT TODAY.' P^SSSSVi 9** Connecticut Act. to Chew Chate Circle, right on Western Ave. to two Mock, turn right on Chettnut St., then immediately left on SSrd St. to property. F. A. TWEED CO. 5504 Connecticut Ave. EM. 1290 Failure to Co-operate In Paper Drive Charged Many Washingtonians are failing In their duty to co-operate in the waste paper salvage campaign dur ing the present critical shortage, according to Charles A. Appleby, vice chairman of the District Sal vage Committee. Appealing for increased interest and urging all citizens to assist the salvage committees, Mr. Appleby said collections in the 32 areas com prising the Northwest section would be made tomorrow. Citizens of that section were urged to bundle all available waste paper and place it on their front porches or in front of their apartment building before 9 a.m. I First Trust Loans In Any Amounts Lowest Interest Rates, Loc| - Term Payments on Homes, Apartment Houses and Business Property. Prompt Service Frank S. Phillips Realtor 927 15th St. N.W. Dl. .411 ——■——iBB Tyler ft Rutherford, Inc. Mortgage Loans Property Management j Insurance 1726 1 St B.W. BE. 5245 j 0IRORTGRGE I0RHS IRGRRHHCi REHTRIS 1,M SHIES H. I. RUST c o m p n n v INI Fifteenth St National I1M Loon Correspondent PradeaM Insurance Company ot ■-1— TRULY A FINE HOME _ $15,250 I 314 Naglee Rd., Hillandale, Maryland Ali brick, *lote roof, concrete screened side porch, two-cor garage. FIRST FLOOR—Large living room with fireplace, dining room, kitchen, also generous sized room with bath that can be used for first floor bedroom, den or library. SECOND FLOOR—Has three bedrooms, one ond a half baths. FULL BASEMENT divided into three rooms, toilet, laundry, etc. Oil olr conditioned heat. An exceptionally large level lot. WILL BE OPEN FOR YOUR INSPECTION SATURDAY AND SUNDAY FROM 1 P.M. UNTIL DARK OR CAN BE SEEN BY PHONING OUR OFFICE FOR APPOINTMENT. TO REACH—Drive out Piney Branch Road to iti end. then left on New Hammhirt Avenue extended to our nyn on lelt marked "Exhibit Home." CRANE & HELAN Exclusive Agents 8248 Georgia Avenue, S. S., Md. SL. 4000 Baa—, ■ ■ ■ —i, : 1011 HILLWOOD AVENUE 1 A PERFECT SET - UP FOR A LARGE FAMILY REQUIRING BED ROOM SPACE AND PLENTY OF IT. Center hall with downstairs Vl bath, 24 ft. living room with fire place, square colonial dining room with ample wall space, fully equipped kitchen. Upstairs are 4 corner bedrooms -and both, three of which will accommodate twin beds. A semi-finished 3rd floor, large enough for 2 additional rooms. Recreation room with fireplace in the basement. Built-in 2-car garage, oil heat, etc. Convenient to bus and schools. A new high school now being erected within 3 blocks of the property. This home has been recently redecorated inside and out. Open Sunday 2 to 6 P.M. Directions: Over Memorial Bridve, out Lee Blvd. to cross roads when Wilson Blvd. intersects at Texaco station, then on to Hillwood Ave. and i our sion. A recommended value at $15,450 Substantial Cash . WILLIAM P. PARRAMORE , „ . _ Reoltor-Eoelusire Arrnt Arlinrton Trust Bonk BUr. Tel. Mr. Dories. GLebe 1M» 1414 Crittenden Street N.W. ; (Between 14th end 16th Streets) Convenient to stores, churches, car and bus lines; Four bedrooms and two boths on second floor; Complete kitchen with pantry and breakfast room; Full basement with laundry equipment ond lava tory; fine rear yard; some furniture included. Possession on settlement. Price $16,950.00 Ows * t* • e.m. M» end Sender or cell Mr. Center—r», 1Ut Bradley, Beall fir Howard, Inc. NA. 0271 Southern Building V.