The Washington times., 1934-03-15

QOuTs #$$3#$$ E:$$$*
The problem ~
this year is
worse than it
has been in
many, many 8s8sS 0
years. That's Dunbar Hare
due to the fact that many banks
are closed, still in the hands
Of receivers, and the Internal
Revenue Department headed by
Commissioner Guy T. Helvering,
has refused to permit losses by
deposits or through bank failures
until it is definitely established
that the financial institution in
volved is not going to pay in
full.
For the benefit Of Washing
tonians, however, Mr.. Helvering is
being obliging, and his office to-
day will remain open until mid
night. District residents should
90 to Room 1902, Internal Rev.
enue Building, Twelfth Street and
Constitution Avenue Northwest.
Mr.. Helvering guarantees that
any person calling will be given
free service, will get information,
have rulings explained, receive
other assistance and obtain the
proper oath.
More could not be asked.
G. Shelton Buchanan, one Of the
customers men at the Swanky
office of Hemphill, Noyes & Co.,
has lot of anecdotes, as we have
previously stated. He tells this
one:
Some time back two men came
down from New York to organize
one of the local branch brokerage
offices.
Everyone knew at what hotel
they were staying but nobody
could find them. Each time
someone would call the clerk
would say:
1--WE have no such person
registered here"
Finally it was discovered that
the two men were there under
q pseudonym-"Brigham Young
and family"
It's true story, since we veri-
fled it by checking the hotel
register.
Brooke Johns, one of ziegfeld's
aces in the days when Ann Pen
nington was in her heyday, COL
lapsed in the office of a local
broker today. It's a long story
but interesting.
Mr.. Johns came in from his
Maryland estate and decided he
would like to buy some stock.
He picked a stock listed at 70
but wanted it at 66. His order
was executed and Mr.. Johns went
about through the board room
telling everyone what great
coup he had put over.
Twenty minutes later, though,
the brokerage office received a
telegram from New York stating
that the order had not been exc
cuted there because the stock
still was selling at 70.
Mr.. Johns collapsed. Revived,
he remained in the brokerage
office for hours, demanding that
Congress make an immediate in
Vestigation.
George Garrett, resident part
ner of Clark, Childs & Keech,
liked the photographs of him
and his manager, John CaSwell,
jr, taken by us recently. He
liked them so much that he
wants extra papers and extra
prints.
Thomas w. Brahany, manager
Of E. A. Pierce and Company,
expansive as ever, took a pull on
his Stogie the other day and
explained that he was not an
noyed by demands of fellow men,
berS Of the Ticker Club of Wash.
mgton that he give a party.
He said:
"They can't rush me. I'm
waiting for spring and then
there will be a party-maybe
In the country"
Mr.. Brahany recently was elect
ed president of the club and
about the only duty of the pres
1dent of that organization-so far
as we can aScertain-is to fling
q party for the other members.
1ncidently, Ralph M. Wolfe,
manager of Mackubin & Legg, is
vice president of that organiza-
tion and under the rules he'll
be the next goat" since the
vice president always becomes
president.
Chester Lockwood, of Hemphill,
NoyeS and Company, returned to-
day from vacation in Florida.
Does he look fit?
STOCK MARKET AVERAGES
Copyright. 1884. Standard Statistics Coz
1926 average equals 100
NEW YORK. March Is N.N.S).
so 20 20 90
Ind. Rails Util. Com.
PrOviOus day. ..... 97.6 51.sI 1873 81
Week ago ....". 961 49.6 1862 85.S
Month ago ....... 1927 S3.I g.. 9I.t