Evening Star Newspaper, January 17, 1921, Page 18

to them; T Such words as*“sensational” and “unusual” could justly de- scribe this offer. *It’s a rare opportunity to save. g 5 0 Cents a Charming® l?&]é'.m)'eaf gold filled cases. that have a lot of §tyle full jeweled movements that assure you of dependable time- keeping i and a price and ‘terms that are all in YOUR favor. ‘That's the story. The very next thing to do is'to SEE them. : “‘L;rgest Credit ]mek»; in tbeiyllorl 7o 935 Pennsylvania Avenue 7th at F Washington people know that - the clean sweep stands for the elimination of all merchandise not essential to next season’s business . A Sale of ;‘1v9217’;Wrist Watches ata “1914” Price $ » Hecht Co. HE Clean Sweep Sale is off to a huge success. It goes surging thru the store; "prob'ing into every corner; sweeping out all merchandise; slashing prices everywhere to in- sure a speedy clearance. : : Ordinarily this means the elimination of all broken assortments; all soiled and mussed merchandise; all . THE EVENING BTAR, MONDAY, JANUARY 17, CORN ACREAGE DROPS. Figures Based on December Prices f Show Heavy Reductions. Corn, king of crops, .produced an average only $20.93 an acre to farmers, based” on Décember 1 farm prices, while hops produced $436.10 an acre, according to averages for the country &s a whole, {ssued by the Department of Agriculture. The value, per acre, of hope 1n 1919 was $874.75, while corn’s average value, per acre, was $38.49. With the exception of rye, cranberries, soy beans and soghum sirup, the aver- age value, per acre, last year showed heavy reductions from 1919 because of |the declines in prices. ‘Wide varfation s shown in the value, per acre, of the various crops, while the averages for different states show a broad range for each crop. ! " LAND LEASING APPROVED. TWIN FALLS, Idaho, January 17.— Resolutions approving the leasing of land to Japanese farmers for terms | not to exceed five years were adopted . at a meeting of the Rotary Club, the subject being presented in a discus- sion of anti-alien land measures \now ‘ pending in the state legislature. Simi- i lar action on the part of the chamber of commerce is announced. EXTRADITION IS HONORED. SACRAMENTO, Calif.,, January 17.— Extradition of Doliver Davis, wanted in Nashville, Tenn., on a charge of embezzlement, has been honored by Gov. Stephens. He held at San Diego pending arrival of Tennessee officers to take him east. This Is the IN WHICH 4‘% Monday For Xmas and Vacation 1921 “THE DEPARTMENTAL BANK” Society for Savings and Loans 1714 Pennsylvania Avenu= N.W. A PLEA FOR UTILITIES. From the Wall Street Journal. Public utilities, for @ time at least, should receive a return of 15 per cent on investment in properties if they are, to return to a sound basis of operation, according to W. S. Bar- stow, who is actively connected with several public service companies. Mr. Barstow says: “For the last five years public serv- ice companies in this country have had all they could do to meet the constantly increasihg costs of labor, coal and material by getting rate in- creases that enabled them merely to exist and continue as solvent con- cerns. It has been impossible for either the companies or the commis- sions to give full consideration to some of the broad questions that now must be fairly passed upon by the commissions if these companies are to continue to serve and satisfy the demands of the public as to exten- sions, etc. “It' would have been possible before the European war to sell curities__on the following ~basi Bonds, 514 per cent; preferred stock, 7 per cent, and common stock, 10 per cent. Total cash necessary to pay in- terest and dividends on these securi- ties would average about 7 per cent. In addition to this the company would haye to earn at least 2 per cent more for contingencies and 2 per cent for depreciation, or a total of 11 per cent on the actual capital in- vested. This, however. would be predicated upon a company's finah- cing all construction by the sale of securities. —_— No silk was manufactured in Eng- ‘and before the beginning of the seventeenth century. Last Week YOU CAN JOIN OUR Savings Club WEEKLY SAVENGS A Dipesit Every Mondsy Morning Inter- Amownts | e §.%5 .50 15 5.00 w their savi This Bask leans Christmas Saviaxs Select as many as you can carry—make the deposits regularly. Deposttors of this Baak, when i need of funds, ‘withdra 52 the needed funds and Account it paid with regularity. not have te continues the interest on this Dear Friends—1 sotice my Xmas Savings 86 well begin & new deal here and mow. 706 get eut Dew cards you can pumch me abost ail & man can” for half & pew heating plant; the mext it hand-turn soles, rubber heels, wome This Letter Speaks for Itself THE CATHOLIC UNIVERSITY OF AMERICA It is rather curious, but in the past seversl yesrs I have been sending this little daviag to you each week—spart fyom some other saving I do—not enough, 1 know, but with eggs st §1 a doven, etc.. and so on down and up the list, it's i nowadays. I bave takes great satisfaction, for each year the amount I received das dooe seme resl good. For instance, ome year it pald ways tsward it, sayhow; the next it painted my bouse, and #0 on and bas bever beea spent foolishly. So, small ee it is, I have that moch satisfactios. O. F. B. the regular This means exactly what it says—no “strings” to it! Includes every sort of shoe re- pairing—half -and whole Soles, Neolin: soles, ‘Washingten, D. C., Nov. 19, 1920, card is paid up November 29. a0 I might Buppose we call it $7 per week. When up and send It wired my house for electricity, a good This Is “Thrift Week™ O encourage Thrift by getting more peoplle into the habit of having shoes properly repaired—instead of throwing them away or buying new ones— Tuesday and Wednesday Hahn's will “Rebuild” your worn shoes at list price! STOKSLOSE GAINS MADE EARLY N DAY New York Tractions Leaders in Activity—High-Grade Rails Weak. NEW YORK, January 17.—The list opened with a fair degree of activity and with appreciable advances in the industrial list, scored within the first few minutes of the session. The ecasier money conditions and the posi- tive strength in sterling exchange were factors influencing conditions. The fact that Crucible Steel jumped 2 points at the opening rather checked operations of bear operators, and this feeling of more confidence was | creased when Mexican Petroleum ad- vanced sharply and some of the motors and equipment shares dis- played a firmer tone. These substantial gains in the in- dustrials were at variance with\ the rails, which as a rule were inclined toward lower prices, under the lead of Southern Pacific, Reading and Chesa- The gzains in the industrials were extendedl considerably in hour, Brooklyn Rapid Transit being one of the strongest stocks on the list. probably in anticipation of higher fares being granted in the near future. Third Avenue made the best advance in the tractions, scor- ing 3 points gain. Inventment Rails Break. A break in investment rails of 1 to 2 points was sufficient, with some profit-taking in the industrials to ! switch the entire market into easier channels. Reading broke 2 points and Southern Pacific 1, and In the subse- quent slump Republic Steel lost 1%; International Paper 215, Baldwin a point and Sears-Roebuck a point. Coppers were dull, despite persist- ent rumors of a merger of low- priced companies. R — OIL STOCKS. Quotations furnished by W. B. Hibbs & Co. Bid. Asked. Anglo-American 0il Ce 2 (new) Borne-Scrymser Co. 410 Buckeye Pipe Line 88 | Cheseborough Mfg. C 173 190 Continental Oil Co. ST 114 Crescent Pipe Line Co. ignal Ofl Galena-Signal 01l C filinofs Pipe Line C 165 170 Indiana Pipe Line Co. 86 5 National Transit Co. 28 New York Transport; 100 16 Northern Pipe Line 9 100 Onfo 0l C 290 Pennsyly Fuel 38 Prairie 01 and Gas Co. 480 Prairie Pipe Line Co. 202 Solar Refining Co. 385 Southern Pipe Line 115 South Penn. Ol C 255 Southwest. Penn. 74 Standard Oil Co. Cs 317 0il Co. 733, 0il Co. 000 430. 300 410 350 Standard Oil Co. 0O 130 300 Swan & Finch Co. L3 50 TUnion Tank Line Go. u Vacuum Oil Co. 205 305 ‘Washington Oil - 30 s —_— FOREIGN BONDS. Quotations furnished by W. B. Hibbs & Co. Prices at noon: Berlin _4s. - 16 | Greater Heriin 4a 14% German gov. German gov. 34 13! &ov. “xm Italian notes 1935 Belgian Rest. Sa. Belgian prem. Se take in all n’'s wooden as possible. On these two days we will bring or send to our four stores. The work will be done in our very best manner; delivered soon the shoes you may u the first | ¥ ; | which share its capital stock. Wells 1 i 18y 34 Bardmeter—é pam.. 8 pm., [2’: 12 midnight, 29.97; 4 a.m., 29.97; =10 DISCUSS BILL = T0 TAX DEPOSITS: % |Local Bankers Meet Tomgf;t:- s |Hearing Tomorrow—Nation- al Savings and Trust Election BY L A. FLEMING. An important meeting of the Disw trict Bankers Association has Dees - called for this evening the sesshod Cresson _Gold a- 'S e 71|12 be held in the Washington Chapr _ . Gilliland Ol 23" | ter, A L B, rooms, 1214 F street north> Gililand Git ptd e S Glenroci 3 2 ; m.fi’;;‘., Fircitcs z 'x;he ?ug.- M will be the chief Guffey-Gilles, E toplc of discussion. R. N. Harper, :,;':{,‘:‘ i z president of the dectares - ndian Pac that this measure is one of great fine . tercontis 1 Rubber . ks 8 Taiernations] Petroicom "(sw). 1812 17 _|portance to bankers no lems thamts' Jerome Verde 318 bank directors and depositora. I¢ Lehigh Coal s 75" |proposes a certaln scheme of taxa- Lone Star Gas B4 ana . e bt 3% | tion on bank deposits Mr. Harper Magma Copper . Maracaibo 0il land_Refin, son_Valley largest hoarding of funds in other Midwest Of1 com than banks and divert millions from.. NI 142 |ordinary channels of usefulness. - N+ 20 5% {cials of the A B. A, delegated Do tem Ol 2 |look after national legislation Wy lr'#:'nuk ol . H ::&heud. in o ition to the meas. tio & Producers and. Refiaer... 3% 3%1"It is probable that the meettngto- - Radio com. . 1% 1% I night will go on record in strong res- o prd. - .1 2 jolutions against the enactment of the- H¥an Consoidated 135 15" |Proposed measure. % Salt Creek Producing. 24 £ National Savings and Trast Co, -~ - Salt \Omeex Mnew): 10% 11%| The annual election of the Nationai ~ X o . %% 2% |Savings and Trust Company was held - Skelly O e 5% | this afternoon, resulting in the elec- Sweets Co Py 274 | tion of the following directors: Wood. Swift Tuternational - 2 30" | bury Blair, James A. Buchannan, Wil onopah Divide 1716 1318lliam A. H. Church, Walter C. Cle~ ;1516 1318 phane, Willlam V. Cox, William R. ° 12546 271¢| Edmonston, H. Prescott Gatley, Wik 1 1y | liam D. Hoover, Reginad S. Huide- Victor 'Kauffmann, Charles , Frank W. Stone, Willlam H. - Walker and Henry K. Willard. ., . The list contains one new directsr, Chares Minshall, a man of large in- terests in Chicago and Terre Haate~ who has made his home in Washing- | ton for several years. The board of directors orgsnizad, this afternoon elected the following: William D. Hoover, president ;Wood bury Blair, first vice president; Fria W. Stone, second vice president; Frank Stetson, trust officer; Charles’ C. Lamborn, treasurer; E. Percival Wilson, secretary, and Frank S. D~ mer, assistant treasurer. T Another Uptewn Bank. - The Departmental Bank, formerly . the Society for Savings, occupled its new and permanent Loma at 1741 Pennsylvania avenue northwet “hd opened #r business there this mérn— ing. e Stockholders recently -v%mv-l oy motn% increase the capital stock to.. 500,000. TUew directors of the bank are David H. Caldwell, H. C. Graham, H. A. Filer, Gertrude N. McNally, Clyda - Need, Joseph Stewart and James W. Witten, all in the employ of the gowe - ernment. %% e Ottenberg is president; R: &.-— Quinn, . vice:- president; Louis -A. - Rosafy, secretary, and J. R. Exnidios, manager. : The institution has a record of more- - than twenty years of banking serv- ice, largely to departmental clientele., Local Securities. ok -~ Sometime last year there was a ifale. of Anacostia “and Potomac River.. guaranteed 58 at 61. Since then there has not been a second sale until to- day, when $2,000 of the same bonds, par value, sold at 62. Potomac Electric general 6s werse alittle firmer:aiso, selling at 92, while. . Raiway 45 were back at the 59 mark. ber._of odd lots, one to five - shares of Capital Traétion G changed hands at 85 to tsi. the offi- - e .. o0 e R, taa Allled Ok ,n Bos nia. Ci Oarbon Steel . Carib Syndicate Carib Trading . Car Light and Tire . n _Eme Syndicate ‘onsolidated Copper w B CHICAGO— Armour pfd. Cudahy Packi Libby ... Switt & ‘Co. 1l Wells Fargo and the two other ex- press company stocks, Ameriean and Adams, are experiencing market activity after being dorment for months. Wells Fargo on sales of 2,900 shares Wednesday was bid up 10”73, against the high for 1920 of 76. In the first three days of last week sales were 5,900 shares, against 600 for the previous week, and the high price represented a gain of 22 points_over 49%, paid for a hundred-share lot a week ago. Buying of the express stocks:is un- derstood to have been from scattered sources and apparently is attribut- able to realization of the better out- look for American Railway Express. Operating under its new contract with the railroads, the consolidated express company is practically guar- anteed a 6 per cent return on prop- erty investment and will very likely be in a position to pay dividends to the three constituent companies Fargo holds one-third of this stock, of a par value of $10,466,710, divi- dends on which at the rate of 6 per cent -would bring $628,000 annually. ' THE WEATHER. District of Columbla. fair tonight and tomorrow; much colder tonight |¢ial closing being 85 bid and 86 with & cold wave; lowest temperature R.:“;"Y ‘was a little firmee tonight about 14 degrees; strong %> northwest winds. Maryland, fair tonight and tomor- row; much colder with a cold wave tonight; strong northwest winds. Virginia, fair tonight and tomor- row; much colder tonight, cold wave; !trlonB‘ northwest winds, probably gales. West Virginia, fair tonight and to- morrow; coller tonight. Records for Twenty-Four Hours. Thermometer—4 pm., 39; 8 p.m., 40; 12 midnight, 41; 4 a.m,; 40; 8 a.m., 30; noon,, 31. 29.95; The typesetters were neglected, ap- - parently a little easier. A A sale of 101 shaics of Washingtons Virginia common steock was reportelt S Goner s are = Washington Stock Excl Washington Bay. Secet.om ashington Bwy. 45—$1.000 at 59, 7 Potomac_Blectric gen. 85—$1.000 at 92. - < Oapital Traction—1 at 85, 5 at &%, Seab "« 85%, 5 at 85%, 5 ar 85, - Washington Ewy. pfd.—io at 51%. Washington-Virginia RBwy. com.—i01 at Washington Gas—I0 ‘az 37%. American Secufity and Trust Co.—10 at 28, 10 at 225, 10 at 225, 10 at 225, 10 at 235. Lanston Monotype—1 at 74. - 8 am.. 30.28; noon, 30.44. Highest temperature, 43, occurred at 2:30 am. yesterday. Lowest temperature, 30, ocourred at 8 am today. ‘Temperature same date last year— Highest, 33; lowest, 18. ' Condition of the Water. ‘Temperature and condition of the water at 8 am: Great Falls—Tem- perature, 36; condition, 24. 2 1 Tide Tables. a (Furnished by the United States. = coast and fleodstjc survey.) 86% Today—Low tide, 7:53 a.m. and 8:46 & pm.; high tide, 1:17 am. and 1:49 |3 25 p.m Tomorrow—Low tide, 8:46 am. and = 9:48 pm.; high tide, 3:13 a.m. and |po oy 2:44 pm, 38 The Sun and Moon. = 2% ash. . and Elec. Today—Sun rose, 7:25 a.m.; sun|Wash. Rwy. and Blec. G. M. 66 ..... sets, 5:12 p.m. Tomorrow—Sun rises, 7:24 am.; 3 p.m. 11:42 am.; sets, 12.3¢4 am. Automobile lamps to be lighted one-half hour after sunset. ‘Weather in Various Citles. g TgRmun 0 3 g8 % s L Ot Stations. 3 33 &> i B b 8L, 288 RLBSRARLERN BB 3074 =¥==n258€|583li§ " H Helena ... Jacksonville. g8eusEEeRnEy 1853 z discontinued lines, etc. goes much further. The times But this year the clean swee demand it. Itis a period of deflated prices; of liquidation. And ac- cordingly..we. include much new. and s taple merchan- dise heretofere exempt from Clean Sweep Sales. ' It is your time tdlbdy-;with satisfaction and savings out savings of a fourth, a third, a half. Clean Sweep signs show the way—find_‘them ev:ryivficné-;polnting the list. And Louis heels—straight on down price-list may be for the work FALE. But the offer is good tomor- A real contribution to the “THRIFT” campaign. And hundreds of people will “Be Shown” the vast difference between ordinary cobbling and having shoes actually rebuilt at our famous “SHOE HOS- PITAL”) whatever our printed t done—you pay JUST Wednesday only. Phone, l:r;nd o; mail to any “HAHN" Pittsburgh .. 30. P ienes M 20,08 BasBURINRLIRE AR TARURRRRIEN2LAREE 2 shoe: ssamguzeny: ATLANTA, Ga. January 17.—Three leaders of the Aflanta Printing men and Assistants’ Unlon were ad- judged In contempt of court and sen- tenced to serve t'l;l;uty days in jail and : 2 3. of, each as & PR of Thair “allegea’ fallure to obey an| FREDERICKSBURG, Va.. Jumseey-© 1 tion against lnwmrlnin with | 1§ (Spectal).—Rev. R. B. Garrett,-D. - non-union employes of commercial)D., who some time ago closed a : printers here. - i and successful torate &t Court —_— treet Beptist Church. Portsmogfh, CAVE COUNTRY BUSINESS. ———— PASTOR :ACCEPTS CALL. * . has accepted a call to the - i M:mnriu and Ephesus churches - Stomecleaver -(the market - man)—T see the Weekly Slab recommends Dinothertum neck as a cheap and nu- ‘rl‘!':au.h?ull.ot ‘(nh.l.'- partner)—Fine; echise s ner)—Fine; '.'Ir tilt the price of Dinotherium neck to ty clamshells & pound. . his Portsmouth charge, owing o™ :scnnlng heglth, he moved' to farm on the 'Rappahannock rives. Essex count¥; where-he hov._h&m‘ his home, and where his health sreatly improved. Hssex county, When Dr. Garrett geve-- e e |