davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-03-31
Fellowship Lecture
Announced by Pastor

The Rev. Harry l.. Collier, pastor
of the Full Gospel Tabernacle, will
preach tomorrow morning on THE
Apostles Fellowship" In the eve
ming he will speak on THE Mean,
ing of Palm Sunday" AT 2:SO
n. M. Ruth Schofield will preach.
The pastor will preach on Tues-
day, Wednesday and Friday eve
nings. His subjects will be: Iues-
day, "a Healing Touch; Wednes,
day, Shadows of Gethsemane'
and Friday. Voices From the
Cross"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-03-31
Coming Attractions

J screen feature Of the Fox next
week, beginning Saturday. April
Z. Lowe will be remembered for
his performances in What Price
Glory" and many other outstand
ing successes.
The s. J. Stebbins presentation
will feature a premiere ballerino.
"Natchie Natova" in a coIorfiil
creation THE Moth and the
Flame
Harold Lloyd, whose visits to the
screen have been little too infre-
quent of late to satisfy his host OF
followers, will be seen for the first
time in more than year, when his
latest Paramount release comes to
the Metropolitan Theater next
week, beginning Saturday, April 7.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-03-31
BY GARDNER MACK
BEST PROSPECTS

6:45 D. m.---Mary GastrOck.
pianist, and Joseph BarbecOt,
baritone. from washington Col
Iege OF Music. Washington
5:iS 3. m-Thirty club
Forum, directed by A. Cloyd
GIL. Washington (WMAL, 242).
$40 D. m.--BOgtOn SympnOny
Orchestra. Boston (WBZ. 1881.
3 p. nA.--Graham McNamee
describing final Eastern Inter
ISIens Falls, n. Y. (WGY, 384).
$3.50 o. m,---New Jersey Worn
ems National swimming Meet,
Atlantic City (WPG. 272).
CHAIN PROGRAMS
II q. MFRS. Curtis ID. Will
bur, talk. How to Preserve .
Husband" Washington (WRC,
WEAF. vito. WAR, MTAGS
WGR, WSAI, KSD, WTMJl.
8 p. n.-R. {, a. Hour, New
WHAM, KDKA, WIW, WJR.
WTAG. WCsH, KSD. WCCO.
voc. WHO, WOW, WDAE,
WHAs, WSM. VINO. WSB.
KOA). Mediterranean Dance
Band with Bonnie Ladies', New
York (WEAF, WGY, WCAE,
.. m-PhiIco Hour, mime.
sherry" New York (WJZ, WRC,
WBAL, WHAM, KDKA, WI1W,
WJR, KYW, WEEP. vito,
WAR, WCSH, WTMJ, KSD,
WCCO. voc, WHO, WOW,
WDAF, KVOO, WBAP, WAS,
WSM, VINO, WSB, WIT,
WAX; The Little Orchestra,
New York (WEAF. WGY. WV,
WSAD. !.
$50 D. m.--Twln Pairs Of
Harmony. New York (WEAF,
WV, WSAI. WGY).
DANCE MUSIC
1880 D. m.--Supper Dance. by
BrOckway Band. Washington
(WMAL, 242D.
$3.50 D. m.-Leese's Saturday
Nighters, Washington (WMAL,
242l.
10 D. m.-Wardman Park Or
cIlestra, Washington (WRC,
460).
1880 p. m.--Davis Orchestra.
New York (WEAF, 1927.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-03-31
NEARBY STATIONS

WBAI-BaItimOre 106O-2S5.5
6:3O-Dinner orchestra.
7:3O--JubiIee Singers.
s.00--WJZ program.
WPG-AtIantic City-11Oo-z5S.O
S:00-Casino Orchestra.
S:s0-Chelsea concert
s;oo--studio program.
.i1:OO-Dance program.
WOR-Newark-510-
7:OO--Levitow Ensemble.
S:0O-Main Street sketches
9:00-Little Symphony.
O:OO--Musical vignettc.
IO:45-Roseland Orchestra.
III :30--Witching hour.
WEAF-New York-01O-A0a
5:OO-Studio program.
6:OO--Waldorf-A Astoria music.
T:0O-South Sea Islanders.
7:38-Statler Pennsylvanians.
8:0O--High Jinkers.
9:O0--LittIe orchestra.
9:S0-Harmony.
10:0O-Pa1ais dor Orchestra.
10:3O-Davis Orchestra.
I1:00-Johnson's Orchestra.
WJZ-New YOrk-66O-4S4
6:o0-Halls Orchestra.
7:O0-Poet; Aston Orchestra
S:OO-RCA Hour
S:O0-PhiIco operetta, Mime.
1o:oo-Keystone Duo: Baliadesra
1O:3O-Merry Three.
wGBS-New YOrk---57O- b2S
7:SO-Oriental quartet
S:OO-Vanderbilt quartet
11:30-After Theater Party.
WFI-PhiladeIphi
7:15-Science Lecture.
S:00-Pianist: Concert Orchestra.
9:3O--Talk Record Flights.
e:40--Violinist: male quartet.
1D:3O-wEAF program.
WCAU-PhiIadelphl
S:OO-Jewish Music Hour.
S:3O-Co-Eds.
s:OO-The Concertiers.
9:3O-Musical Chefs
10:OO--Loeser's Orchestra.
1O:sO-Picadilly Orchestra.
II :OO-Solden Dragon Orchestra.
WIP-PhiIad elphia--86O-S4S.6
7:O0-Uncle Wip.
s:00--Morning sip Period.
S:45-Dartmouth College 0'ee
Club.
1o:so-Coogans Orchestra; organ.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-03-31
ManteH Is Coming

Americas foremost Shakespear
can players, Robert B. Mantell
and Genevieve Hamper are due
NJ the Belasco Theater shortly.
From i repertoire that includes
al OF the popular Shakepearean
plays and also Bulwer Lyttons
heroic drama, Richelieu the
stars will appear In those Tor
which q preference Is shown
through QUESTIONABLE that has
been circulated among educators
and lovers Of the better plays.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-03-31
Boost for Shakespeare

In view of the coming appear
ance OF Robert B. Mantell and
Genevieve Hamper in Shakepear-
can repertoire at the Belasco
Theater it is interesting to note
according to a news item, that
so eminent an authority as Pro-
fessor Baker of Yale University
recently said that Shakespeare
still ranks as a hit on the Amer
lean stage despite the jazz ten
denotes of modern youth"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-03-31

PALACE--The famous comedy
team of Rockies Karl Dane
and George K. Arthur are fea-
tured now at Loew's Palace in
Metro Goldwyn Mayors produc.
ton Baby Nine" They are two
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-03-31
Continued from Page u

CONTINUED from Page ID
the Rialto Saturday. April Z, as
the Easter attraction.
THE Lovelorn" brings to. life
on the screen one Of the most
famous bits Of newspaper column
ing--the advice to lovers, con-
Quoted by Beatrice Fairfax.
The cast includes Molly O'Day,
Larry Kent, James MURRAY,
Charles Delaney, George Cooper
and Allan Forrest.
Edmound Lowe reaches star
dom in Dressed to kin. the
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-03-31
SOPRANO STAR
Of AERIAL
BILLS

March lions Of the static species
began roaring their way to the
last Mace on the calendar last
NIGHT ON the wave lengths and
made II impossible to tune any
fhing but local brOadcasts with
comfort. Even the home stations
showed symptoms Of tempefa-
ment the WRC wave length wav-
eTine I'm a rather disagreeable
way most of the time.
Spectacular stunning in the air
lanes have spent itself with the
Thursday evening effort, loud
speakers last night delivered moth
ing but genuine entertainment from
union entertainers-and the result
was most satisfactory TO the living
rooms Of the nation. This was par
ticularly noteworthy with the public
utility and soap subsidies, which
delivered about as fine an assert
nnent of music as comes to listeners
in a week o. dial twisting.
The soap bubbling offered par
ticularly happy combination
coming even the handicap Of an
nouncements that were banal and
childish when they were not silly
and incoherent. Whoever it is that
wears the program name Of Olive
palmer is singer Of ability far
above the average. Her Interpreters
ton of the famous Shadow Song
from s'Dinorah'' last evening was a
vocal exhibition one hears but rarely
but more than that. 1t was an ex-
position OF the pathetic character of
a demented goat herd, dancing, tril-
ling, singing to her shadow, thar
was both musical and dramatic
masterpiece. The laying cf
Chopin's Minute Waltz" by thu
woodwind quartet and the piano
exhibition of Milton Rettenberg
with orchestra accompaniment were
both worth hearing.
Rosario Bourbon provided Two
especially fine orchestral exhibitions
in the public utility hour-the Rim
sky-Karsakow "R ON an c e" md
Grieg's March of the Dwarfs.
Elsewhere the even tenor OF enter
tainment was just that way-the
uproar of static or surge of fading
broadcasts keeping tuners fairly
well on the home station points OF
the dials.
Evening star., 1928-05-01
COTTON PRICES RISE
IN T0DAYS DEALINGS
General Buying Inspired by Firm
Cables and Reports of Rains
in the South.
By the Associated Press.

BY the Associated Press
NEW YORK, May 1.-The cotton
market showed continued activity and
strength today. with the opening II of
34 points higher on more or less gem
eral buying inspired by relatively Arm
cables and reports of rains or showers
in Tennessee and North Carolina,
Reiteration of bullish reports as to
recent SetbackS to the new crop start.
necessity for replanting and increasing
scarcity OF seed were also factors on the
advance, which carried prices I'D to
22OO for May and 2l SO for October. or
INTO new highs for the movement and
ABOUT So to 38 points above yesterdays
closing quotations.
The advance met heavy realizing. but
1t was absorbed by q broadening de-
mand. Prices held well up to the best
during the first hour.
Private cables said there had heen
continental. local and London buying in
Liverpool on the weather news and also
reported a scarcity of contracts.
The early advance was checked by
realizing and the market eased on the
publication Of favorable weather fore
casts. which evidently promoted con-
siderable profit-taking. Most of the
early advances we're soon lost, MAY
selling off to 2l.73 and October TO 2l.4l.
or about 2S to % points from the early
highs. Scale-down buying, however,
was encouraged by the continued un-
favorable character of crop advices. and
the market at midday was steady. with
the active months showing net advance
OF 20 to 25 points.
Evening star., 1928-05-01
HUGE PROFlT-TAKlNG
CAUSES GRAIN BREAK
BY thu Associated Press.

By thu Associated Press
CHICAGO. May i.--Unofficial crop
reports today as to wheat proved fully
as bullish as expected. but immense
protit-taking sales carried prices down.
ward in the early dealings. The aver
age OF the private estimates of the Win
ter wheat crop was 474,000 bushels.
Opening nj ! cent decline To i ad-
vance, wheat underwent severe general
,etbacks Corn. oats and provisions dis
played relative strength, corn opening
unchanged 10 4, off and then under2o-
ing sag all around. but later scoring
sharp gains at times.
Notwithstanding that today's private
monthly crop reports showed that the
abandonment of Winter wheat acreage
this season Is the largest ever known
wheat prices plunged headlong down
ward. Spectators, who had been buy
ing ON an immense scale of late In an
tlcipatiLn OF these reports, made haste
to collect profits. II possible, while the
collecting was good. Despite the bull
ish character Of the crop reports, how
ever the weight OF selling proved tco
heavy, and the market collapsed nearly
o cents buShel
Recoverics of cents bushel follow
ed todays worst breaks In wheat prices
but nervous fluctuations were numerous
afterward. Buying on declines was
based largely on the fact that domes-
tic Winter wheat acreage remaining for
harvest has. according To some authori-
ties, an indicated yield Of only 1876
bushels per acre. the smallest, with one
execution. In Is years
Wheat closed greatly unsettled, az
10 Az net lower: corn, / X To al OFT .
oats. ~ to 2Aa down, and provisions
varying from Is decline TO rise of
Evening star., 1928-05-01
Markets at n Glance

NEW YORK Pl.~-Stoeks~ Strong,
utilities aud rails scale new heights.
Bonds Irregular: $40. 0O0,0 900 Mortgage
Bank OF Chile sold Foreign exchanges
Mixed, sterling eases. japanese yen
rise 10 points, Cotton Higher. unfa-
pofnble crop repofta, augar~~~Advanced
Cuban support, coifee-a~Steady trade
buying
CHICAGO. Wheat Weak, hearish
Kansas report. Corn Easy; tine wealth
81 for farm work, Cattle Irregular,
Hogs over
Evening star., 1928-05-01
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Once

Following Is a list of stocks and
bonds traded in on the New York Curb
Market today:
Evening star., 1928-05-01
SPECULATIVE LIST
Of BONDS HEAVY
High Grade Issues Not So
Much Affected by the Credit
Situation.
BY CHARLES F. SPEARE.

Special Dispatch TO The Star.
NEW YORK. May 1.-The per cent
renewal rate for call money today and
the threat of further pressure on the
credit situation by the banks had more
effect on SpeculativeS than on high
grade bonds
Some Of the former were influenced
by the declines in stocks into which
they are convertible. Among them
were Anaconda Copper rs which de-
clined two points Andes Copper rs
were a point lower slowing down
in trading was visible in the oil issues
while the local traction obligations were
decidedly heavy at times. New York
last week. declined TO 28. 1nterborough
refunding SIS were fractionally lower
and the 6S a point down.
Hudson Coal first SIS reacted below "a
from yesterdays best of 95. They re-
covered later. There was a better tone
TO the rubber and tire issues III SYM
pathy with the stock and commodity
markets. Dodge 6S. however, failed To
improve. Remington Rand SIS. Loril-
lard sips. Liquid Carbonic 6s and Cuba
Cane Sugar SIS were all flrmer.
Among the public utilities there was
distinctly better demand, DuqueSne
Light las were up a point from the
recent low. Such issues as Columbia
Gas s. Electric SIS. Philadelphia Co. SIS
and New Orleans Public Service IS were
from L to "a over last weeks level
Not much was done in the high-grade
rails. which held their prices on Scant
demand. A few of the standard per
cent induStrials improved a little.
among them Westinghouse Electric.
which rose y point.
Chicago g. Eastern Illinois SIS re-
iected the opinion that their position
win be strengthened by the Eastern
merger. Chicago Great Western As,
Denver SIS. the Minneapolis & st. Louis
Is and Peoria & Eastern incomes were
all strong. st. Paul adjustments
quieted down considerably and were
heavy.
The offering of $20.0o0.000 Mortgage
Bank of Chile 6S today makes the total
borrowings by this corporation in the
American market S70.000.000. With
the exception Of the first issue of 6s all
are long term. The yield of the new
bonds is $50 per cent comparing with
better than $50 per cent on the 6i2s
and over CTS per cent on the ga per
cent issue.
The advantage in the last bond is
the possibility Of appreciation before
maturity. as the higher coupon issues
are at about their sinking fund price.
French bonds failed to respond to the
satisfactory elections. There is to be
Immediately a S400, 100000 internal
French loan. Mexicans were active and
strong. Another Central Bank for Ag-
riculture per cent loan amounting to
$30,000000 is imminent This viii come
on market now bearing the weight of
the last issue Of 6s which have not been
distributed.
April issues of all descriptions
amounted to s8is,000.00 and bonds
called before maturity in that month
we're S240. 900. 900.
Evening star., 1928-05-01
BUYING SELECT|VE
. ON CURB EXCHANGE
Operations for Rise FREEDOM.
inant-PiggIy WiggIy
Stock Is Feature.
BY WILLIAM F. HEFFERNAN.
| Dispatch TO The Star.

Spctidi OlspuIcn 10 Inc star.
NEW YORK, May 1.-Once again
operations for the rise were predomi-
nant in today'S curb trading. Although
the tape fell behind at intervals. the
volume of transactions was not as large
as yesterday. Business was more selec-
tive and did not spread over the entire
list.
one OF the noteworthy performers
was Piggly Wiggly, which went forward
into new high ground on reports that
plans have been arranged for reinstat-
ing the issue on the Stock Exchange.
Activity recalled the spectacular gyra-
tions in the stock in 1923, which cul-
minated in an actual corner and re-
suited in its removal from trading.
Shattuck DEM Mining was turned
over in large volume, the demand said
to be for the account of interests closely
identified with the company and with
knowledge Of developments on the 1000
foot level of the Dem mine.
The new top for Ruberoid was the
result of buying based on expected
benefits for stockholders through the
consolidation of the company with the
H F. Watson and Continental Roofing
& Manufacturing Co. Combined assets
make the company the largest of its
kind Following completion of the
merger Ruberoid's capitalization will
consist of 135.359 shares outstanding
with no funded debt nor preferred
stock
New highs also were reached in Bahia
common. Curtis Aero Export, Walgreen
common, Kaynee. Melville, Bohn Alum
mum and Anglo Chilean Nitrate. Mo-
tor stocks were in good demand, with
Auburn Auto up almost 3 points and
Marmon point higher.
The new Vacuum Oil shares repre-
senting the capital stock following dis
tribution of the 100 per cent stock divi-
dend changed hands at rs. up more
than a point. This was equivalent Of
l56 for the old capital stock. other
oils were again in demand but at prices
little changed from yesterdays finals.
United Gas 81 improvement and
Commonwealth Edison featured the
utilities buying in the former based
upon prospective merger with other
prominent utility interests.
Evening star., 1928-05-01
Washington Stock Exchange
SALES.


Washington Gas SIS "A"-S200 at 1862.
Washington Gas IS $500 at 1917,
500 at 1852. 500 at IO5i2,
Barber g. Ross 6iss-SI 600 at 96I4
Potomac Electric Sc pfd.--I at 1876.
Potomac Electric 5l2c pfd.-I0 at
l08ss. at I08As.
Washington Gas Light--io at 81, 10 at
93i2, 20 at 90.
Washington Rwy & Electric pfd.-5 at
l02, at i02. Is at 102. 10 at l02.
Commercial National Bank--2l at 260.
Riggs National Banks at SIG.
Merchants Bank e. Trust Colo at
ISL.
Commercial National Co. pfd.-4o at
i05-
Merchants Transfer e. Storage pfd.-2O
at l0S.
Peoples Drug Stores pfd-iO at III, 9
at Ill, at 1903, 10 at ll0a4.
washington Mech. Mtge. coni.--5 at II.
AFTER CALL.
Ianston Monotype-24 at Ii0h.
Washington Gas IS "A"-S2OO at fO34
washington Con Title 6s-S2 900 at 100.
Money--Cail loans. and per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-08-28
Baltimore Markets

BALTIMORE. Md, August % CSpe.
ciaD Potatoes, white, 100 pounds
Local. rs; new. barrel. 150aI7 rs. sweet
potatoes, barrel, i.50a3,50; vans, bar.
rel, 300a350; beans, buShel, 1.25al rs,
beets. 100. 2.00a300; cabbage, 100, 400e
100: carrots. 100. 3.00aS.00: celery
crate. 250a300: corn, dozen. I2a20:
cucumbers basket, 50ai00; eggplants
basket, 40a60; lettuce. crate I,50a2. so
lima beans. bushel. i.25a200.
Onions. 100 pounds. 1.75a2.25; peas
bushel 3.00aS.50; peppers. basket. 20s
so; squash. basket, scars; tomatoes
basket 25a50: packing stock, bushel
40a50; small. yellow, basket. 40a50.
Apples, bushel, 50al.S0: crabappleS
basket. 25a35; blackberries, quart, 8al0;
cantaloupes. basket, 40aa5; crate, 50a
las: damsons. basket. S0al 90: grapes
IS peaches bushel, 1.25a2.2S; pears
hushel. l.25a2 so: seekle pears, basket
scars. plums, basket, 65a75, water
melons. 100. l000a4000
Hay and Grain Prices.
Wheat--No. red Winter. domestic.
no quotations: No. ? red Western. gar
licky. domestic. August delivery. 1888;
September delivery. i,S2l4; spot. 1888.
Bag lots OF nearby, at wharf. lilo,
Cargo on grade No, , red Winter.
garlicky. 1921: No. 8. l29ts. No. 4,
l.26i4 No. 5, 1884,.
Corn--~No , yellow. domestic. lis.
nominal. No, contract, export. no
quotations; corn on cob. new. SIS. nom
inal. per barrel,
Oats-No. , white. domestic. new,
41a48. No, ;, domestic. old, 46a4T
Rye~-Nearby. l,05al 20,
Hay-~~Receipts, al tons. New hay
from nearby points in light receipt but
ample for the limited demand prevail
ing for both timothy and clover mixed
The market Ii holding fairly steady at
a range OF lAo0 to lT00 per ton as 10
quality and condition.
Straw--No. wheat. II GOAL 90: No.
l oat, 12.0oais0o,
Dairy Market.
Live poultry $50 Spring chickens,
pound 32a35; small, 30aSl IeghornS,
25a32; old hens. a3a2a; Ieghorns, 22aas
small and poor, laa20, old rooSters,
l5al6; ducks, 22a23, small, l7als; old,
l5al8, Guinea fowl. each, GOAL 90, pi.
geans, pair 25a3o
Eggs-Reeeipts, 5i7 cases. native and
nearby selected white free cases, dozen
37aS8; tirSts, SfaS2; current receipts
29a20.
Butter~-~Ciood to fancy creamery
pound. 46aa8h. prints. 4sleaa0ls
blocks, 47iaaAaia; ladies, aSaa8. store
packed, IS; process butter, 4iaal "a,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-08-28
CURB STOCKS SHOW
|. BIG IMPROVEMENT
Underlying Strength of Mar.
ket Is Displayed in
Trading Today.
BY WILLIAM r. HEFFERNAN.

Special Dispatch to The Star.
NEW YORK, August 28.-The Curb
Market today gave an impressive dis
play of its underlying strength. In
view of Mondays developments in the
credit situation and the prospect that
as the end of the month approaches
funds for speculative purposes VIII pc
withdrawn from the stock markets, the
manner in which profit taking was abb
Sorbed by new buying was encouraging
from bull standpoint
Stocks which recorded most improve
ment, however, were those representing
companies that have been capable of
reporting increased earnings.
Safeway Stores at 635 gained 5 points
to its highest in history. Celanese Cor
poration common recovered several
points of its recent loss. while the pre-
ferred jumped 5 points to 100. thereby
recovering from the years absolute
bottom. The demand which carried
international Nickel Rights to new
top above 4 was sympathetic with pro-
nounced strength In the shares on the
Stock Exchange.
new top was reached In Billiard
Machine as it crossed $751;, but it felt
the effect of profit taking later. The
special operations kept on in Columbia
Graphophone, but the price was still
well under the recent high of 813a.
There was noticeable revival of &C
tivity in q number of low-priced radio
issues, notably De Forest Radio and
Freshman Radio
Mining issues, notably Noranda, we're
IN demand Shattuck DEM was well
bought close to the Is level and Golden
Centre held above TO- Oils and utilities
infatuated over comparatively narrow
range.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-08-28
PEACE PACT Is SEEN
AS AID TO BONDS
European Dollar Issues Believed
Strengthened by Kellogg
Treaty.

Special Dispatch to The star
NEW YORK. August est is not
too much TO say that the pact OF
Paris signed yesterday has strength
ened the position of all European dollar
bonds and should make 1t easier tor
banking houses that specialize IN such
issues to distribute them to the Ameri-
can public when the investment market
again comes out from under the SHADOW
Of high money.
The chief resistance that has been
met in the sale Of foreign bonds, par
ticulariy those Of countries that nave
Q record for waging wars OF aggression.
has been the fear that other wars would
occur in the lifetime of the bonds issued
and that the holder would suffer a
severe depreciation in his capital and
possibly lose his interest.
Bond statesmen have met this argu-
mef1t frequently, though less in the past
three years, or since the Locarno treaty
and the inauguration of the Dawes
plan. than earlier. It has been diff
cult, however. TO persuade many In
vestors that they are taking little risk
of war when today they purchase the
obligations of France. Germany, italy,
Austria. CzechosloVakia or Hungary, or
those of the chief cities and provinces
in these countries.
The position Of the United States as
a creditor nation has changed radically
since the League Of Nations was
formulated
In 1920 We had only just begun to
lend money TO Europe and the rest OF
the world In 1928 our loans abroad
amount TO from 1000 900 900 tC
SIS. 900 600 900, Of which the largest part
is 70 nations on the continent Of Eu-
rope as well as those In the Far East
who have pledged themselves TO observe
not only the letter, but the spirit Of the
pact 10 outlaw war.
Temporarily the market for foreign
loans has been closed by the high rates
in this country for money and the con-
gesti0n that has prevailed among tbs
loans brought out last Spring. 1t is not
expected that there will be great deal
Of activity IN this department Of the
f.. eStment market for the remainder Of
tlas year Those who have been giving
their attention 10 foreign loans, how
ever. see IN the improving economic
conditions IN Europe and the win u
peace now prevailing foundation oi
confidence IN the loans already fioate6
and justification for additional loans
when market conditions once more rigtl
themselves.