Casper Daily Tribune Newspaper, January 3, 1926, Page 8

PAGE EIGHT The Casper Tribune-Herald Sunday Tribu: evening except Sa and The Casper Herald Der, Wyoming postoftiice as second class matter. The Natrona County Tribune, Inc., Tribune Bldg. 216 Bast Second Street, Casper, Wyoming OCIATED PRESS CONSOLIDATED PRESS he Associated Press is exclusively entitled to the use for publication of news credited is paper and also the local news published herein. National Advertising Representatives Prudden 172023 Steger Bidg., Chicago, y, Globe Bidg., B Mass Le 1d; ‘asb., the Daily Tribune e on fi! Fra sco offices and -vis m., Madison Montgomery St. Chamber of Com in the ‘sare SUBSCRIPTION RATES By Carrier and Mall or Dally Tribune, every evening except Saturday One Year, daily and Sunday Six’ Months, ly and Sunday and Sunday and Sunday sasper Hera and Sund: ly and y and Sunc and § SEES meeaeeweeeeue~ 3.90 Rule of Ancestors true enough that experience is the mother of wisdom, It always to be added, however, that thought is the midwife. I~ general, of course, the old have more experience than the young. But it isn’t true that older individuals alway: are siser than younger ones. Some persons neyer learn their lessons, and others acquire them easily, while they are young. A long time ago, Sidney Smith, wittiest man of his time in England, observed that of individuals living at the same period, the oldest has, of course, the greatest experience, but umong generations of men the reverse of this is true. Those who come first—our anccstors—are the young people and have the least experience. We of today have added to their experi- ence the lessons of many years or of many centuries; and, there- fore, as far as experience goes, may be considered wiser, Smith did not dispute with our ancestors the palm of talent, in which they may or may not be our superiors, but the palm of experience in which it is impossible they can be our superiors. Can such young, ignorant, inexperienced per- sons “28 our ancestors necessarily were, be expected to have understood a subject as well as those who Nave seen so: much more, lived so much longer, and enjoyed the experience of so many more centuries? Obviously it cannot be maintained that our more recent uncestors, say those five thousand years back, wanted wis- dom, or that they were necessarily mistaken in their insti- tutions, because their means of information were more limited than ours. But when it becomes expedient to change anything which our ancestors enacted or set up, we are the experienced i persons, » ~ not they. j Old things are not always the best, despite popular belief. y ure just the best our ancestors could do. Tradition is a stumbling block iz man’s progress. China is beginning to move forward because it is quitting the centuries-old prac- tice of worshipping ancestors. It no longer binds women’s feet and wears d pigtail because the fathers did. It is learning that the fathers did things like that not because they were wise, but beeause they did not know any better. Is Youth Happy or Sad? It is customary. to call youth the-happy, and age the sad part of life, Is this really true? Probably it would be true if it were desires and passions that made a man happ; Youth is swayed to and fro by them, and they give some pleas- ure and a great deal of pain. In age the desire for exploits and mighty enterprises cools and leaves man at rest. In general and apart from individual circumstances: and particular dispositions, youth is marked by a certain melan- choly and sadness, while genial sentiments attach to age. Youth is the period of unrest, of longing, and age of repose. The child stretches out its little hand-in the eager desire to sieze all the pretty things that meet its sight, charmed by the world because all its senses are still so young and fresh. Much the same thing happens with the youth, and he displays greater energy in his quest. He, too, is charmed by all the pretty things and the many pleasing shapes that surround him, and his imegination conjures up pleasures which in this world he can never realize. But when age is. reached, all this is over d done with, partly because the blood runs cooler and the sen:es are no longer easily allured; partly because experience bas shown the true value of things, but chiefly be- cause the strange fancies and prejudices which previously con- cealed and distorted a free and true view of the world, have been put to flight with the result that a man can now get a juster and clearer yiew, and see things as they are. It is this that gives almost every old man, no matter how ordinary his faculties may be, a certain tincture of wisdom, which distinguishes-him from the young. It or ht Wages and Prices The average. American industrial worker at the present can produce fifty-two per cent more goods, and receives twenty- ven pcr cent higher “ ” for their production, than he did thirty year ‘o, according to Paul H. Douglas, pre f at the Universi f Chicago, the “real wage” increase being based upon, purchasing power, and not m the increase in dollars and cents. The “real wage” increase, however, is not going to last long, for it has been due to “a fall in the exchange ratio of agricultural products,” and the flux of population to the cities is due to force a rise in the price of farm products. Growing Friendly idence of renewed friendship and unterstanding between Mexic: id the United States is seen in the presence of Presi. dent Calles and Foreign Minister Saenz at the American em bassy bull at Mexico City. This is significant in the light of the assurance by Saenz that the executive regulation of the alien land bill will be most benevolent to foreigners. Boosting Rubber With prospects that the 1925 crude rubber imports will exceed that of 1 by 125,000,000 pounds and reach about $60,- 000,000 pounds, the United States is likely to pay nearly a quarter of a billion dollars more for crude rubber than last year. The November imports, great for any month of the vear so far reported, totaled 84,57. pounds, valued at $ Successful Co-operation Co-operative farm organizations in New York state alone transacted business amounting to more than, $92,000,000 this year. There have been 1,354 such organizations incorporated in the state since 1917 and 1,056 of them are doing business. An improvement in association financing is noted, many of the organizations declaring dividends for the first time. Opposition Melting Senators McMaster and Norbeck of South Dakota, follow- ing the lead of Senator Norris of Nebraska, have come out in favor of the World Court, leaving only a baker’s dozen oppos- ing the court. Republican leaders will not attempt to stifle opposition with cloture, but instead will wear the opposition down by hard work, so that the few opponents will have to talk themselves hoarse to stave off a vote for many days. milli returns for D dollars the prelis rember are likely to a few ary estimate of $5 Who’s Who Election of the: pre: Lord Buckmaster to of-the huge concern known as the British Controlled Ol ds, Ltd., which has vast con- ions in Centra] and South Amer. ica, in Asia and in the Near East of Europe, ts of much economic and po- Utical interest on this side of the Atlantic. Lord Buckmas- ter, who was for- merly high chan- cellor of England, takes the place of Sir Edward Mac. kay, a native of Montreal, . During the first few months of the great war, when Lord Buckmaster was still solicttor- SO Bis ES eneralitoti athe crown, he was likewise intrusted with the duties of chief censor, in which capacity he displayed a con- siderable amount of independence. Early In 1915 Prime Minister As- quith on converting his cabinet Into # coalition administration, raised him to the office of lord high chan- cellor, that is to say, to the chief. tainship of the entire British judic- fJary, although until then be had nev- er occupled a seat on the bench. He ts a great friend and admirer of the Earl of Oxford and Asquith, but not of’ Lloyd George, and when the latter managed a few months after the formation of the coalition ministry to supplalnt Asquith, Lord Buckmaster, who had been made a peer some weeks after becoming lord high chi lor, followed his chief into retirement, surrendering the keepership of the great seal of the reslm and of the king's con- ecle In spite of his relatively brief occupancy of the woolleack, he Was awarded the statutory pension a year for the remainder of his life, and the addition of the $100,000 a year which ts eald to be the salary accorded to him as pres!- dent of the British Controlled Oil Fields, Ltd., will enable him to atone in some fashion for the pecuniary sacrifice which he made when he abandoned his lucrative practice to become lord high chancellor. —>—__ A Favorite Cat By Thomas Gray. ‘Twas on a lofty vase's side, Where china’s gayest art had dyed The azure fiowers that blow, Demurest of the tabby kind, The pensive Selima, reclined, Gazed on the lake below. Her conscious tail her Joy declared: beard, The fair round face the snowy The velvet of her paws, Her coat that with the tortoise’ vies, Her ears of jet, and emerald eyes— She saw and purr'd applause. Still had she gazed, but ‘midst the ude Two angel forms were seen to glide, The Geni! of the stream; Thetr ‘scaly armour's Tyrian hue Through richest: purple to the. view Betrayed a golden gleam. The hapless Nymph* with ‘wonder saw: A whisker first, agd then a’ claw. With many ‘an ardent wish She stretched, in. vain, to reach the prize— What female heart can gold despise? What cat's averse to fish? Presumptuous intent Again she stretched, again she bent, Nor knew the gulf between— Malignant fate sat by and smiled— The slippery verge her feet beguiled; She tumbled headlong in! maid! with © looks Eight times emerging from the flood She mew'd to every watery god Some speedy ald to send. No. Dolphin came, no Nereid stirr Nor cruel.Tom nor Susan heard— A favorite has no friend! From hence, ye Beauties! undecelved Know one false step Is ne'er retrieved And be with caution bold; Not all that tempts your wandering eyes And heediess hearts, is lawful prize, Nor all that glisten gold! Original Booster the Peort: owing in ref ence to a well known Casper citizen Fred Patee, now of Casper, Wyo., but one of the original good roads boosters of Peoria, has recalled some of the Interesting details of tho early campaign for a “cinder highway” between Chicago to Peorla, in a let- ter which he has written to R. M. Field, business manager of the Asso- elation of Commerce. Mr. Patee was a bicycle enthusiast, and at one time, in 1896-1897, was chief counsel for the Mlinots division of the League of American Wheel- men. His letter follows: .s nly do appreciate the map showing the 5,000 miles of cement highways that Ilinols has. I was present at Hennepin in 1917 with the Peoria delegation, when the county commissioners guaranteed their help that closed the gap and made assur- ance of the cement highway from Chicago to St. Louis complete. ‘Are you old enough to remember the Patee Cinder Path? I started that in 1896.. That was the first attempt at any sort of a highway between Chicago and Peorla. That was to have been a triangle between Peorta, Chicago, Indianapolis and back to Peoria. “Many columns were printed about it in the many papers of the state, and actual work was done at my personal expense, and through the aid of the different towne along the Canal for we were géing to use the old Towpath from Peoria to Chicago and did put many cars of cinders along the route. “Bob Fort at Lacon was one of the first sincere boosters I. belleve be was at that time state senator from his district. I know that through his help wo secured many car loads of cinders from some source, that I cannot now recall. “I have a phote h or kodak view of the delegation that 1 took the duy we met at Hennepin. Gene Brown and Willis Evans were two THE CASPER TRIBUNE-HERALD The History of the American Legion The American Legion was born in Paris as the result of the spontan- cous demand of all veterans for some expression in peace of' those ideals for which they fought in the World War. The ‘creation of the Legion was In the hands of nearly 1,00 mgn who met in Paris’ informally {n March, 1919. They came from’ every walk In Mfe, every section of the count all” groups, creeds ahd. classes. Mil- ton J. Foreman, of Chicago, presided. There the Legion was named and its principles first voiced. A com mittee was named to co-operate with those who were in the United States and a joint committee was formed in America under the Iéadership of Henry D. Lindsley of Dallas, Texas, ft.a national caucus in St.Louis, May, 1919. What the Legion {s may be sum- marized in the preamble to’!ts con- stitution, drafted by those pioneers of the two caucuses: “For God’ and country we associ- ate ourselves together for the follow- ing purposes: “To uphold and defend the const!- tution of the United States of Amer- ica, to maintain law and order, to foster and perpetuate a one hundred per cent Americanism, to preserve the memoriegiand incidents of our association in the Great War; to in- culeate a sense of individual obliga- tion to the community, state and na- tion; to combat the autocracy of both the classes and the masses; to make right the master of might, to pro- mote peace and good will on earth; to safeguard and transmit to poster. ity the principles. of justice, freedom and democracy, to consecrate and sanctify our comradeship of our de- votion to mutual helpfulness." Eligibility for the Legion was de- fined for those who were “regularly enlisted, drafted, inducted or com- missioned, and who served on active duty in the naval, military or air forces” during the World War. The Legion organization reached 5,000 posts, with 500,000 members be- fore its first national convention at Minneapolis. Here a constitution was formally adopted, Indianapolis was chosen for national headquarters and Franklin D'Oller, of: Philadel- phia, was elected national comman- Ger. ~ During this first administration the Legion took the backbone out of the radical movement when {t pre- vented the reds from drawing sup- port from the ranks of newly dis- charged soldiers, sailors and ma- rines. D'Oller also placed the Legioh on record as’ an organization free from the entanglements of party pol- itics. Rehabilitation work was start- ed and pressure brought to bear up- on congress to enact legislation for the disabled as well as to compen- sate other veterans for their sacri- tices. Meanwhile the Legion gained thousands of members and spread over many foreign countries. ¥F. W. Galbraith, Jr., of Cincinnati, was elected national commander at the second convention in Cleveland, Octoder, 1920. He at once began a @ynamic campaign that resulted in the complete reorganization of the government machinery dealing with the relief of disabled ,veterans. The system previously had been a dis- grace to the nation. Legislative and administrative deficiencies resulted in delay in making available pro- visions for care of disabled and many wounded and suffering men had been driven for refuge to alms- houses, insane asylums and jails. Galbraith's leadership obtained passage of the Sweet bill, intrusting hospitalization and rehabilitation to a newly created body, the United States Veterans’ bureau, decentral- ized through fourteen regional of- fices in all parts of the country. The Legion appointed representatives to took after the interests of the dis- abled at all district offices of the bureau. It was a hard struggle and the bill was adopted only at. the eleventh hour of the congressional session. The Legion faced an arute unem- ployment situation duriag the ad- minstration of John G. Emery, of Grand Rapids, Mich., v/bo sutceeded to the commandership when Mr. Gal- braith was killed in an automobile accident at Indianayolis, June, 1921. During this period wf deflation every sixth man who haf gone to war was jobless and this s'tuation grew stead- ly worse until the Legion took a hand. Emery appointed a committee which devised suggestions for local- ities, and broadcast a warning inst migration and congestion in cities, Hanford } ider/of Mason City, Idwa, who succeeded Emery at the third convention in Kansas City, at tended by Marshal Foch and other war heroes, continued his predeces- sor’s.work. An American Legion Em- ployment day was declared for March 20, 1922. “The Day” was almost universally observed in the United States. When the first day's reports came in 100,- 000 men were at work, who, on the day before, had been “unemployed. Legion posts found jobs for many thousands and induced the early commencement of many undertak- ings that would employ men. In De- troit the Ford Motor company gave work to veterans exclusively and in creased forces more'than twenty per cent. Other employers followed suit until within three weeks’ time 700,- 000 men were employed. MacNider’s edministration also nes of the prominent Peorlans that were along. “By using @ reading glass you will recognize a lot of the men and the one woman, think she was Bob Scholes’ wife. but Gene Brown can name every person thi It was snapped in front of the court house in Hennepin. That was the. meet ing that closed the gap in that won- dectul highway between Chicago and St. Louis. “In 1896-7 while I was chief coun- wel of the Ill, Div. League of Ameri- can Wheelmen we got up a petition to the stato legislature eigned by more than four hundred thousand persons asking for a state ald high- way bill drawn along the lines of the one that had been passed by the state of New Jersey. “It was somewhat similar to the Federal Aid Law that we are now working under, At that time it was years ahead of the popular {den. People had not waked up to the good roads movement, although {t was an old work for me even then.” was distinguished for the start of a fight that led to the return of mil- Mons of dollars stolen from the, treas- ury during the war by contractors and profiteers, Their operations were later exposed by a series of articles written by Marquis James in The American Legion Weekly. The Le- gion also entered actively into the Interallied Veterans’ association, composed of war fighters of all as- sociated countries, and aided their efforts’ toward world peace. Alvin Owsley, of Denton, Texas, who had been director of American- ism, succeeded MacNider at the fourth annual convention in New Orleans, wherg also was held the meeting of the Interallled Veterans’ association. Under Owsley’s Iqader- ship the Legion centered its efforts on Americanism and community bet- terment. American Education Week unter Owsley’s direction, in which educators, welfare workers and citi- zens everywhere joined Legionnaires in the effort to bring America out of the slough of illiteracy, was a notable succt A national essay contest was started on the subject, “How Can the American Legion Best Serve the Nation?” New sub- jects are chosen each year. The Legion slso took a firm stand against unrestricted immigration and assist- ed in the investigation of the Veter- ons’ Bureau and its former director, Charles R. Forbes. A committee ap- pointed by Owsley began an investi- gation of the situation of world war orphans, and another committeo Grafted a series of uniform rules for flag observance used nationally at Present. A large fund was raised to provide for the permanent annual decoration of graves of veterans in foreign lands, during the Owsley re- gime. Under the leadership of John R. Quinn, of San: Francisco, elected at the 1923 convention held jn that city, the Legion made substantial gains {n membership. Assuming a vigorous attitude toward the question of ad- justed compensation. Commander Quinn led, the Legion's fight that re- Sulted In the enactment by congress of a compensation measure despite the opposition of powerful financial interests. It was the climax of a three years’ effort. His efforts for the disabled also bore fruit in the passage of the Reed- Johnson bill which admitted 100,000 sick and wounded veterans to the benefits of. government compensa- tion and lberalized laws affecting the war stricken. Substantial prog- ress was made in the project of ee tablishing homes for war orphans and other’ relief. measures. Posts were encouraged to. build play- grounds, swimming pools and other community enterprises as a part of the Legion's service program. James A. Drain, of Washington, D. C., succeeded John R. Quinn, Under Drain’s leadership, the legion continued actively to safeguard the interests of disabled veterans and to redouble its efforts toward promot- ing good citizenship. Under his di- rection, the big program of the $5,- 000,000 endowment fund was initi- ated and assured of success. This means; that the Legion will have means to carry on rehabilitation and child welfare work.for all time to come. . John Rea McQuigg, of Cleveland, Ohio, was elected national comman- der at the Omaha convention and pledged a vigorous campaign to build up the membership. of the organiza- tion to the highest point in.the his- tory of the Legion. He has stated that the Legion will ‘wage a vigorous campaign to obtain the enactment of a wuniversal draft law, drawing upon the nation’s re- sources of capital and labor to the game extent as on fighting men in any future wars. Some form of world court also will be favored by the Le- gion. Both measures will tend to- ward world peace, according to Com- mander McQuigs, who believes that removing the profits of war will dis- courage it and that the world court will result in international accord. Se hE Old Mister Dark By Betsey Buttles, ‘When Mother kisses me Good-night— And—Happy—Sleep—Betide—You, She says, “Don't be afraid, my dear, For Mr. Dark's beside you. He's waiting here so quietly And is so big and kind Just think of all the man: Little girls he has to mind.”* I've never seen hig face, but T Can always tell he's there For something makes my eyes £0 shut Almost before my prayer. And when I wake up in the night And cannot see my spread, I know that dear old Mr. Dark Is watching by my bed. My mother says he always heard But never, never speaks, Yet he ts taking care of me, And when a rocker creaks I think perhaps poor Mr. Dark Is resting there awhile, And then I blow a kiss to him And hope he sees me smile, sett aa hg World Topics “Germany now has a staple cur- rency and the German budget is balanced,” sald 8, Parker Gilbert, agent general for reparations pay- ments under the Dawes plan, now - < on a visit in this } country, in an | interview, He also stated that the | reparations plan had notable results. In discussing treparations Gil- bert said: “The first an- nulty of one thousand million gold marks was all paid within the year, four- fifths out of the 4S" proceeds of the German oxterna! loan and the bal- ance by the German Railway com- pany in the form of Interest on its reparation bonds, In the second an- nuity year, over three months of which have passed, the amount to be paid rises to 1,220 millions of gold marks. and involves for the first time a charge on the German bud- eer These paymenta Germany SUNDAY, JANUARY 3, 192¢ Review of the Commodity Trade Holds Secret Of Last Year’s Prosperity BY J. C. ROYLE (Copyright 1925 by the Casper Trib- une-Herald) Business is a complex mixture which holds In solution scores of ele. ments combined under various condi- tions and acted upon by various re- agents, It !s not any more possible to announce the correct answer to the great question affecting all Americans, “How is busines: Af. ter a cursory glance than, it a ‘chemist to determine the acter of a colorless, tasteless, less solution without analysis. The .following dity “movements, in effect, const!- tutes the qualitative and quantita- tive analyses of business in 1925. Brick Brick production in the yards of America continued up to the end of the year at a pace appreciably high- er than that of 1924. Something more than 300,000,000 face brick were turned out. Common building brick prices remained steady. Candy The price of sugar, which fell to new low records, did much to make the candy manufacturers’ year a successful one. The period drew to a close with factories working at capacity and with no violent fluc- tuations of raw material. to over- throw profit expectations Canned Goods The canning industry found 1925 an exceptionally satisfactory and profitable year. Packs of canned goods were large, prices were at normal levels and sales were excel- lent. When the year started it seemed that there might be a short- age of some goods but all require- ments were met. The outlook for 1926 {s bright. ‘The 1965 packs are moving steadily into consumption. Cement All records were topped by cement production during 1925. More than 163,000,000 barrels were produced, compared with about 150,000,000 bar. rels last year. This was a far above capacity of the plants which existed at the opening of the year. Expan- sion and new construction of mills accounted for the increase. Clothing The sale of higher priced clothing on the installment plan was the fea- ture of the year in the clothing in- dustry which those engaged in it complained yielded unsatisfactory results, There was strong consumer opposition to any advance in prices and clothiers and clothing manufac- turers declared that people would rather buy automobiles and radio sets on a part payment basis than wear new clothes. ‘Women’s apparel was more active and in better demand than clothing for men. This seemingly was due to style trends which led away from the buying of piece goods and mak- ing of their own dresses by women. Silk, rayon and velvet goods were the fayorites in women’s wear and while woolens benefited to some ex- tent they were not so extensively mployed as in some other years, Coal The anthracite strike split things wide open in the coal industry in 1025. Throughout the first half of the year, the anthracite mines, op- erating close to capacity, did excep- tionally well. On the other hand, the bituminous producers found themselves with production exceed- ing demand. is char- Coffee Efforts of the Brazillan producers to stimulate or increase coffee con- sumption in the United States dur- ing the past year and to control sup- plies met with some success despite opposition from Secretary Hoover. There were imported into this coun- try 966,200,000 pounds of coffee, as compared with approximately 1, 417,200,000 pounds {n 1924, The price was appreciably higher than in 1924, For spot Rio No, 7 Srades at New York, the price eraged 21,78 cents a pound for the first 10 months of the year as com- pared with a general average of 16.83 for the entire year of 1924. Cotton Goods The chemical laborato; a helping hand to the e manufa on with cotton, ser y held out tton cloth ‘se of ray: . in conjunetion imulate di mand for «nttractt' rics, The] coarse goods mills which make goods entirely from cotton also showed {mprovement during the year, aided by the large crop of cotton and low- er prices for that raw material. Dairy Products Production of dairy products had en smaller than in 1924, but this industry recorded a fairly favorable year. Prices for butter, cheese, and condensed and evaporated milk have been of such # character as to make up for diminished output Drugs and Chemicals ‘The drug and chemical trade was materially aided during the year by the improvement in the fertilizer situation and the general advance in industrial activity. One or two severe blows were given some firms by development of synthetic chem! als in foreign countries Dry Foods Record breaking sales records making each month the utmost promptitude. The creditor powers, on their part, have been receiving reparation delivertes and payments regularly Plan went into. eff ever gince the “It would be futile to draw con- clusions now as to the ultimate possibilities of reparations. The fact remains, however, that the plan has succeeded tn placing the whole problem on a new basis. It has put aside bickerings and the world has hgen able for the first time in many years to stop talking about repara- tions. The plan has made ft poesible instead to find out in a@ practical way what the payments are and how far it 1s feasible in actual prac: tiee for reparations to be paid by Germany and transferred to the The plan proved to nt In the view of tion from the dis tion of the tn- creditor powers order and disorgan’ ie flation.” : for| odor- | review of commo-| were hung up by many dry goods and department store merchants in 1925. The year furnished' most of the leading merchandising organiza- tions with excellent profits. In some cases these were the largest on record. The period closed in a haze of holiday activity which was ma- terlally aided by the distribution of some”$300,000,000 in Christmas ‘club funds. Electrical Equipment New high records were estab? shed. by the 1925 ‘sales of many of the electrical equipment manufac- turers, They will go into 1926 with fine volume of unfilled orders on their books. Not only have the stan- dard products been-in keen demand, but sales of electric refrigerators and other household devices have been sufficient to create a large volume of additional bbziness. Flour The short crop of winter wheat, the high prices of that grain and the consolidation of big kaking con- cerns, one of which involved pros- pective capitalization of $400,000,- 000, all had @ bearing on the flour market in 1925. Production in the first three-quarters of the year to- responding period of 1924. The av- with 96,100,000 barrels in the cor- taled 90,390,000 barrels as compared erage prices: for the first nine months of this year were $1.78 a barrel, higher than for the corre: sponding period of last year, Fruit The fruit yield of the country for 1925 was heavy in most sections and in the main was marketed at satisfactory prices. The California season started favorably but clima- tic conditions caused ‘deterloration in transit, Furniture Furnjture manufacturers and dealers wore “sitting pretty” at the close of 1925. They had behind them @ year far more profitable than 1924 and before them bright pros pects for the coming season. The huge volume of building had a marked effect on the industry, call- ing as it did, for a tremendous quantity of furniture. ‘The demand for office furniture and equipment was fully as heavy as that for do- mestic varieties, Styles did much for the fur fn- dustry in the last year, Fashion di tated a demand for pelts for trir ming purpoges which was difficult at times to fill, while the call for garments entirely of fur was in- creased by ‘the general prosperity which prevailed. Undoubtedly the features of the year in the fur in- dustry were the strong demand for muskrat and the merging of three huge concerns into the largest. fur organization in this country, Among other activities it) will have the marketing of the government seal skins from Alaska. Glass Urgent demand for plate glass for automobiles and for commercial buildings, coupled with the heavy window glass demand incident toa six billion dojlar national building Program, assured glass manufac turers an actiy and profitable year, These factors were joined with better production methods, Jowerlng. of production costs, great- er worker efficiency and lack of violent labor disputes. Hardware Firmness in prices and strong de- mand were features of the hard- ware business throughout the year, The tremendous yolume of con- struction served to maintain the call for builders’ hardware and plumbers and steamfitters supplies at a high level and quotations were Strengthened before winter offered @ seasonal check, The general {m- provement in the farmer's financial position also aided the trade. Hats Winter sales of straw hats went far toward making 1925 a good year for the hat manufacturers. ‘The heavy flow of travel to Florida and California and to other southern dis- tricts kept sales going in good vol- ume. This counterbalanced the ten. dency toward wearing light welght felt hats for summer tn the north. Manufacturers of felt headgear did well in spite of the strength of raw material, Hides and Leather For the first time in five Profits of the leather companies were fairly satisfactory in 1925, ‘The surplus stocks which had hung over the maiket since war years, years, ual. ity as by thelr volume, were tinalty cleared out of existence. Produc. tion by tanners was held closely to consumptive requirements, Jewelry Nothing so strikingly emphasizes the extent and prosperity of the Jewelry business during the past year as the epidemic of Jewel rob. beries. The profits made in epecula. ton as well as in the more sober walks of business led to heavy pur- chases of gems and the higher Priced stones came into real demand for the first time since 1920, Lumber The year, for the lumber industry, was marked by two outstanding de. velopments, the grado marking of lumber by the Southern Pine Asso. elation and the standardization of sizes. The industry in general exht. bited a wise business polley and in consequence reaped adequate profits from operations. Despite the heav: volume of business, production was held well within bounds and prices Were not shoved up to a placo where consumption was affected. Non Ferrous Metals Heavy consumption epelied great: er prosperity to the producers of the non ferrous metals {n 1925 as compared with the previous year The twelve-month ended with prac: tleally all of them in a strong statis teal position. World production, however, makes the continuance of that position uncertain, Packing House Products The genera) business prosperity which prevailed way reflected in the profits which were derived from the had olled up during the period of tre- mendous hog production at good ad vantage. Although cattle prices ranged higher than in 1925, ed beef prices rose to a lesser degre and the margin of profit on beef dur: ing the latter part of the year was narrow. Owing to the high prices, export demand, especially for pork products, was decidedly less than that of a year ago. Potatoes The smallest crop of potatoes in six years forced prices for the tub- ers to high levels in various sections of the country as the year drew to a close. In the fall of 1924 prices ranged from 65 to 90 cents a bushel. At the corresponding time in 1925 prices were $1.65 to $2.50 a bushel. Hot weather in midsummer and re. duced acreage were tho factors In rhe reduction of the crop. 14 amountéd to approximate! 000 bushels. The we per cent below 1924. Railroad Equipment A lean year, hat was the way railroad esuipment manufacturers summed up 1925, despite the spurt of buying which developed in the late months. Much of this buying wag for 1926 spring delivery and did not affect 192% Thero was a record breaking traffic, but most roads found equip- ment fully adequate Shoes The gain in shoe production tn 1925 as compared with 1924 amount ed to over 11,000,000 pairs, Produc tion up to the end of the year, when final figures are in, is expected to approximate 324,000,000 pairs. Stocks on hand either at factories or in the railroad 1924 hands of retailer extremels ight. ‘This been due both to the practice of retailers of buying’ in small lots and the neavy demand which made its appearance in the autumn. Nk The slik Indus in 1925 piled a splendid year on top of a good sea son {n 1924. Silk demand kept many ufacturers working at a record rate throughout the year, and while pro- duction fell off seasonally in the Inte months, bookings for the spring of 1926 were such as to assure strong activity for months to come. Steel Profits in the stecl industry in 1925 showed a decided improvement over the preceding year so far as the large integrated companies were con- cerned. When tho year closed it Was a question whether steel ingot production would exceed that of 1923. It was certain some weeks ago that the 1924 output which ay- raged 118,000 tons dally would be exceeded. Sugar ‘Tremendous production which far outstripped consumption following the inevitable economic law, sent sugar prices in 1925 to the lowest point in four years. The Cuban crop totaled '5,120,421 tons in the 1924.25 season, the greatest out-turn on rec ord. Grinding already has started on the 1925-26 crop, which experts claim may reach 6,000,000 tons Tea Approximately 600,000 pounds more tea was imported into the United States and consumed here in 1925 than in 1924. In addition prices received were over 3 cents a pound higher than in the previous twelvemonth. The adyance in prices was due not only to demand but to the im proved position of English ex- change, which has a marked effect on the price of tea. Tobacco Products ‘The real money making branch of the tobacco industry centered in 1925 around cigaret production. The output of the paper covered tobacco cylinders showed a gain of 12 to 15 per cent as compared with 1924 and this rate of gain seems likely to con- tinue. Production of cigars showed a net decline of about 6 per cent as com- pared with the previous year, but makers of very high grade and of the low priced machine made cigars reported the best earnings for sev- eral years, The sentiment in the cigar trade was given a boost. Woolen Goods October saw the strongest improve- ment of the year in the woolen goods industry, Consumer interest devel oped sharply at that time and the mills were speeded up to meet 4t. Throughout much of the year. wool- en and worsted mills, like the re mainder of the textile industry, were in a generrlly unfavorable condl- tion. Windsor Farm Dairy Butter. Y DEPEW “Don’t put things of f— put them over” Find Out Who’s Who Today The Stockmens National Bank ; and First Trust and Savings Banlkk Combined Capital and pecking Induatry in 1925. % ckers | sold out the Inventorien whict\ they | Surplus $226,000.00 ACT. NEN. a