Evening star., 1924-10-03
j. s. DEBTS BEING
STEADILY REDUCED
Huge Sum Cut From Peak of
War Times-Base Ball
Stock Sold.
BN CHAS. u. SHAEE,EI,n


1he total gross debt of the Irnited
states on September 30 1924 +acbnt
caiy Speaking, was $21254 OO8S44 Al.
actually 1t was only S20,Sil42495s %
me variance representing the sum of
S4iz'o6" 1882, which was the nor
balance balance in the general fund Of the
i1uasury ,, as of the above date
ms ms IrosS total indicates paring
OF $5,3f2.692,S 2,S03.70 from the war dol,
peak on August 81, 1919. when tbs
Governments Indebtedness amouutad
10 the stupendous sum Of s26. .5g6. 7OT-
o5o.ol. Since that time il has steadily
cucIlned, $81l, COS. .i03 representinp RI.
REDUCTION in the last twelve months
inc war debt" consisting Of four
Liberty loans asgregating s14.359.-
"oo'1po' naturally constitutes the bulk
- me Indebtedness. United States
p"hds, exclusive Of wartime issues
total sSS3.713.110, and thor. is an
outstanding issue of Treasury bond.
OF I'f'-1l amounting to S763gtS
treasury notes outstanding amount
10 $3.50 .f2S 500. and certificates To-
!al Sl,I9S, $4,000 Treasury war cav
Ihss securities total S419,2S7.eG2i3.
i III auuitlon there matured indebted
sa ol Hz''26o,0l0.26, on which inter
90 d mas ceased. and an item of s243.-
ing. ''.a
"0men'S Dinner Is Success
SeVehty-flVe representatives attend
Cd the initial dinner for Wasbiretn,,
Bank Women held at the Franl.Ii,,
square Hotel last night. The occa-
Sioh was for the furtherance of ac-
eve interest among the female banl,
personnel IN the Washington Chan
ter American Institute Of Banking
LOIS A. hite Of the FcderaI-Amer-
!Cah National Bank and chairman or
iocdi "pmen's committee, presid-
tI, MrS. Helena u. Reed, national
chairman Of the women,s conri+tao
,h M'tS lhe guest of honor and outlined
.he opportunities of women in the
nahking world. Miss Mildred Y
Hhorday and Miss HeIan Hewish or
fhlladeiphla chapter were the out-of-
to"h guests and elucidated the ac-
INVITES of women in that chapter
talent drafted from the assembIaen
| provided the entertainment for tho
evening. Catherine NJ krieg of Riggs
Iehdered solos, accompanied by Miss
d.ieahor di bankmeyer of the Security
! savings and Commercial Miss Jeona
anthony of the Federal also sang a
NUMBER OF popular song hits.
Al the conclusion of the rnee+1n-
Ihe party divided, some ACCOMMODATING
Judge OToole to the institute ses
SION with the remainder forming a
! theater party
Flotation Of $4,000, 900 issue hv
the pennsylvania Railroad Conna,y
! proceeds of which will he usad - -
| tire a part of the per cent bonds
! now hcid by the director general ~
rdLroadS' was announced last night
| since the new bonds bear a per cent
I coIpon' IL was said that substantial
tsuuctloh IN the annual fixed charges
! OF the company would result.
offering of the issue is being made
IoudE Dy Kuhn, Loeb & Co through
naIonal-wide syndicate. The bonds
! maturing in 40 years, will be priced
at 9S!2, to yield $40 per cent.
ne issue and sale OF the bonds Il
subject TO the approval of the Inter
state commerce Commission and
marks one of the largest rafIroa!
financing operations of the year.
Trading on Local Exchange.
Sales of loo shares of Washington
base Ball stock at 70 on the .C7Irb.'
TO-DAY featured the session of TIL
Washington Stock Exchange. 1vha
price represents an official increase
OF S42 per share over the previous
sale on the local board, but if is mn
derstood there has been much inter
est displayed in the issue, which did
not snow in exchange transactions.
National Mortgage and Investment
preferred was in heavy demand, $50
shares selling at 9. Railway prefer
red brought -, and Lincoln National
Bank 1856. Continental Trust Com
pany sold at So and Capital Traction
/ odd lots at S31s. One share of De
partmental Bank brought s.
! The Exchange Will remain closed
| tomorrow, despite an earlier edict il
| would be open Saturdays beginning
| with October