Evening Star Newspaper, March 18, 1921, Page 30

WIRELESS PHONES, PARIS TO BUENOS AIRES, SEEN BUENOS AIRES. March 18.~Wire- less telephone communication between Buenos Aires and Paris is a promise of the not distant future. The government has granted & concession to theGeneral Wireless Telegraph Company of Paris 1o construct on the Argentine c powerful radio-telegraph and iclephone station to communicate Wwith France and other Kuropean countries. The compa it is stated, expects to establish telephone connec- tion with is by a system of con- tinuous waves of 300 kilowatt power and over. ;The duration dr thirty years. of the concession is 1t authorizes the company to carry on experiments in | long-distance radio-telephony, and it at the end of three vears the experi- ments are considered by the Argen- tine government satisfactory, the con- ression will be extended to permit ommercial exploitation of wircless telephone as well as telegraph com- munication. Three plants are to be erected, according to the plans. Kil:l. RATS TODAY STEARNS’ ELECTRIC PASTE heguaranteed “killer" for Rats, Mice. Coekroaches, ZAnts and Waterbugs — the greaiest known carriers sease. They destroy buth food and property. lectric Paste forces these pesta o rua the building for waterand fresd alr. READY FOR USE-BETTER THAN TRAPS the defiation and readjustment proc- exs in business throughout the coun- y. The reports record the con- clusions of npecial ‘correspondents conditions and indications as they the work of experts guided by facts and not by individual bias. BY PAUL C. HEDRICK. Special Dispatch to The Star. . SEATTLE, Wash., March 18.—Not more than 20 per cent of the fruit crop of the Pacific northwest remains in the hands of the growers or in storage, the total value of last sea- son's crop being estimated at $27,000,- 060, including Washington, Oregon and Idaho. So confident are the fruit growers of the future that their acreage, especially in sound, keeping apples, will be larger in 1921 than last season. Banks holding collateral from fruit growers are gradually clearing their paper, and while the growers of the who have been instructed to prement| really exist. The wurvey represents | Pacific northwest have averaged less than $1.50 per box for apples as com- pared with $1.80 for the previous sea- scn, the industry appears to be on a solid foundation, with expectations of firmer demand from Australia and Europe next fall. Against an unfavorable close of the uniforms, trunks, rugs i Serarify storage for furniture, pianos, works of Art, luggage, automobiles. Serurilgdry Cold Storage for furs, garments, Bewrity Safe Deposit vaults for silverware, jewelry, linen and other valudbles. 1140 15th Street, Washington, D. C. . Capital $500.000 , etc. ca: Assortment of finest quality Silk Shirts in neat striped effects, 14 to patterns. in sizes Broad-toe Lasts. les. fncinding popular Boy e size her Misses’” and Cllildnn’s“ Slippers Patent Colt. Gun Metal aud White Canvas Mary June Slippers. in sizes A1 + latest styles for spring; were $4 U : solid e For women and girls, that sold at $5 and $6— broken sizes; only ......ce000 Choice of patent colt, pumps. [1AREY KA 1316 ©1324. 7® ST.N Get ’Em—AIll-Wool SUIT SPRING MODELS FOR MEN AND YOUNG MEN, AT ingle TUB SILK SHIRTS Easter Sale of Spring BOYS’ & GIRLS’ $4 TO $5 FINE SHOES SLIPPERS, PUMPS, OXFORDS $2.95 tan and gun Big value, popular twin-strap slippers in gun metal and mahogany calf, vici kid and| § dongala oxfords; sizes 24 to 8. Easter sale of new styles in all the popular heels. MAN e ¥ frem famous makers in snappy new to last Saturday. Get in early! in all sizes only. $2.95 tions, onen at 9:% a.m. metal THE EVENING PACIFIC AREA FRUIT ACREAGE "TO BE LARGER THAN IN 1920|. |Northwest Growérs Show Confidence in This ®Year’s Trade Prospects—Re- : ports From Other Sections. The Star publishes today further|1920 wheat market, grain growers in dispatches marking the progress of | the Pacific northwest have seeded the acreage of record in le the spring wheat acre- age in Washington, Oregon and the panhandle of Idaho will more than equal the acreage of 1920. Bankers in the grain districts of these states report most favorable prospects as to acreage and crop conditions Price Base Reached. Products of Pacific northwest lum- ber mills and shingle mills have reached today a price base compara- ble only with pre-war times, accord- ing to officials of the West Coast Lumbermen's Association. Common dimension rough lumber, which sold a year ago at 342 per thousand feet board measure, touay is selling at $11. Shingles, clears, which sold at .50 to $8 per thousand, now are $2.80 to $3. The prices qucted are at the mills. The sales manager of a large ship chandlery of this city, supplying mor, fleets, shipbuilding and export trade, reports business at low ebb, with no prospect of a strong revival within the next year. Shaping for Better Thmes. According to the president of the largest wholesale grocery and pack- ing firm of this territory, at Seattle, the 1oss in business to the retail mer- largest wheat, w |forty-eight to fifty hours per week, chants of the Pacific northwest occa- sioned by the curtailment of the lum- ber and fish canning industries has been passed on to the wholesaler: The latter, together with the banks, have beem carrying the retailer. Col- lections in this avenue of business MEN’S SPRING HATS.... seal, coffee, pearl, smoke, green and black and in all sizes. A big value. An introductory sale of hundreds of finest all-wool serges, worsteds, meres, tweeds, etc., in popular blue, gray, brown and green pin stripe, pencil stripe, plain color and novelty effects. Included are snappy nd double breasted models in stouts and regulars. for spring. We have searched the entire market to bring these sensational all-wool values to Washington. Purchase of Three Handred Sample BOYS’ SPRING SUITS Blue Serges. All-Wool Tweeds. Two-Pants Models. Values to $12.50. One and two other kinds for boys 7 t Setting the Pace for Economical Easter Attire 4 Suits---Coats- women and miskes. values on sale to tempt the woma derful value. TRIMMED HATS Spring in all its glory is represented by thix display of exclusive creations of finest braids, elegantly trimmed—copies of model workrooms, in an _unending “range of shapes, shades and mnovelty effects. have been difficult. It is predicted that the summer months will see the situation through- out the state very much clarified and conditions seem to be shaping up for "better times. The cancellation evil passed away months ago. Detroit Section Revives; Building Boom Is Likely BY PHIL S. HANNA. Special Dispatch to The Star. DETROIT, Mich.,, March 18.—There is an easily discerwed feeling here that a mild building boom is in store. The bricklayers’ union voted Monday to accept $1.12 per hour until May 1 and $§1 thereafter instead of $1.25 and $1.50, the present rates. As a result the bricklayers' strike, which has been in progress for some weeks, is settled and the men will go back at work. Contractors believe that all trades now getting more than $1 per hour will drop to that figure by May 1. Plasterers are still refusing the $1 rate offered them some time ago. The automobile industry continues to gain. The Forl Company has re- hired something more than 1,000 men the past forty-eight hours, bringing the tctal in.the Highland Park plant $9.35 $4 and $5 Genuine Felt Hats, in This is one 17 years—sumple yles—Just enough Dresses In a winll Sale at offering of hundreds of finest xpring crea tajlored elegantly aud modishly designed the popular materlals of exceptional d_quality —stynning models to become both A super-special sale of super weeking won Be on hand early when the doors to pick over these bargain In a Special Sale at 2,98 hats desigged in_our own STAR, WAS up to nearly 30000, according to a Ford company official. s Many Return to Work. the city the employers' asso- tion. which gets reports from sev- enty plant§, including Ford's, reports | 24,683 men at work in full time of | For and 51,098 men working an average of thirty- hours per week. The to- week previous. A casual trip around the motor plants would seem to verify these figures for now one sees long lines of workmen's autos parked alongside the factories. Two months aso there was very little evidence of any activitiy. Freight rates are still raising hob With some industries, however. The new rate on sawed logs, which went i effect h 14, determines charges by weight and brings the rail charge up to $7.70 per 1,000 feet. The former rate was §4.50. One of the best logging authorities says many saw mills in northern Michigan will close because the freight is more than the logs are worth. Motor Interest Unabated. Interest in motor stocks continues unabated, which adds to the confi- dence local investors and the public generally have in the industry. February figures on total shares traded in on Detroit Stock Exchange show 411,578 shares, which compares with 313,905 shares’ in February on the Chicago Stock Exchange. Paige Detroit has nearly doubled since January and i seiling now around 22 against 12 the first of the year. Reo Motor is up to 23 from 17 last December. At the present rate of increase the Detroit exchange will soon be sec- ond to the New York Stock Exchange in point of volume in sales. At Lans- ing, the Olds Motor Works has in- creased its force from 700 to 1,800 duging the past sixty days and is working ten hours per day. Reo is working 1,500 men full time and 3,000 men at reduced hours. Duplex and Auto Body plants are also increasing forces. Conditions in Southwest Improving for Consumer BY J. VION PAPIN. Special Dispatch to The Star. ST. LOUIS, Mo., March 18.—The movement of wheat, corn and oats from farm to market has been at a fairly brisk pace, considering the fact that market prices for these cereals has been sharply lower. Between Jan- uary 15 and March 15, March wheat at St. Louis dropped 23% cents and May wheat 27% cents a bushel, with the spot article 33 to 34 cents lower. Flour during the same period declined $1 to $2 a barrel. This break in flour comes finally as a harbinger of lower prices to the public of foodstuffs based on wheat. There are other indications that the consumer is coming into his own. Canned vegetables, fruits and fish have been readjusted to a level par- allel With pre-war prices. Potatoes, | which were selling last year at $5.70 per hundred ‘pounds, sold today at $1.45. Eggs today are 25 cents whole- sale, against 43 cents last year. Sin February 21 Arkansas farmers have di posed of their rice at from 40 cents to 65 cents a_ bushel, compared with $2 to 2.40 a bushel last year. Unemployment Felt Acutely. Unemployment in the lines based on iron and steel is felt acute Foundry and mill operations are at 20 to 25 per cent of capacity. Prices throughout this industry have not been readjusted in anything like the proportion existing eisewhere. This fact is holding back the placement of new business, espectally in materials ng into building. y Lead and zinc continue at a low ebb, both in point of price and de- mand. and production in the district has been cut to less than 30 per cent of what it was at tho corresponding time in 1920. Railroads are buying mine run coal in the Illinois flelds as ' low as $1.85 %r ton at the pit, nd V-C Plant Food_applied PRICES CANS No:. 1 Can, 25¢ No. 2 Can, 45¢c IN C. George A. Comle; Dupont Flower Shop, 7 Dupon Hocks Hardware Co., Cor. 1 T. L. Gill, 5626 Connecticut Fred M. Haas, 2005 Rhode Is! W. N. Lynch. Falls Church, V Marche & Co., 14th and H Sts. Oehmiler Floral Co., Inc., 1329 HINGTON compared with 67,137 the | § cegetable gardes will mean big yields frim little space—makes_vines more heavily. New Plant Food must be «will make the kind of soil flowers Ave. SE. . J. Harry Gill, 310 Rhode Is!a;\\d Ave. NW. ve. Louise Flower Shop, 130t Conn. Ave. W. E. Schickler, 147 B St. S.E. , D. C.. FRIDAY, MARCH 18, 3 1921, TODAY’S BOND PRICES. Noon prices reported to The Star over direct New York-Washington wire by Redmond & Ce. City of Paris 6s 192 9615 French Government 8s. Goverament of Kingdom of Belgium U. K. of G. B and Ireland o prvey % Atchisop, Topeka and Santa Fe gen. 45.. 771 Atlantic’ Coast Line 1023, Atiantic Refining Co. 6 w5 Ealtimore and Ohio con Baltimorp and Ohio Gs. Baltimore and Ohio 8. Bethlehem Steel refd. 5s. Centraj Leather 5s Central Pacitic 4s 1549, Chesaper Chesapeake and Ohio gen. 4i% Chesapeake and Ohio cony. 5 Chl., Burlington and Quincy § | | Chiy 930. Chi., Rock Island and Pacific refdg. 4. Chicago Union %! Consolidated 5 Delawara and Hudson 7 Erie general lien 4s. General Blectric @s. lilinois Central 5. International Mercant o Northern Pacific Pennsylvani; Pennsyl Pennsylvania 7 . Pennsylvania gen. mortgage 414s.. Reading general 4s......... St. Louis and San Franciseo 4%, Loujs and San Francisco 63 1 St. Louis and San Francisco inc. s. Seaboard Air Line refdg. 4s 4= 1 - I this reduction has at last been passed {rder:. along to consumers, though not to its full extent. Business Notes. NEW YORK, March 18.—The Amer- | icas, a monthly publication of the | National City Bank, comes out with the suggestion that Germany pay her indemnity to the allies by’ direct ¢4 work in_the devaslated regions of France. In any event, it is argued, a | large part of the indemnity might be'so pai ) DETROIT, March 18.—The income tax took $35,000,000 out of this ais- trict, according to figures revealed by the Clearing House Association. PHILADELPHIA, March 18.—The Baldwin Locomotive Works has just delivered to the Philadelphia and Reading railway eight additional lo- comotives of the consolidated type, | making twenty-two completed of an order for twenty-five. The Reading is building five locgmotives of the Pacific type in its ghops. NEW YORK, March 18.—The mar- ket service lctter of the National Wholesale Dry Goods Association de- scribes the general situation as spotty, with some lines of goods sell- ing actively and others quite slowly. The former view of the wholesalers, that there would be a healthy recov- ery of business iithout any boom features, it is pointed out, has proved to be the correct one. NEW YORK, March 18.—Woolen manufacturers frankly are puzzled by the developments of the last few days., The demand for goods has been 8o great that even mill agents are wonderg if the volume of xales recorded really represents bona fide business. Buying for fall in both the men's and women's branches would seem disproportionate, it is said, to the amount of business now being handled by the wholesale clothiers. ‘The mills do not want to sce a runaway market, but-if the demand continues prices are cer- tain to advance, BALTIMORE. March 15.—Hurried B. F Gulf "0il Corpora: | H. 3. H Seaboard Air Line adj. 5s... « 3% Southern Pacfiic 1st ref. 08 Southern Pacific conv. 4 i Southern Railway gen. 4s. :‘@ Railway s By » L!!G i Wilson & Co. lst 6s.. SHORT-TERM SECURITIES. (Reported by Redmond & L“n.) Ofter. American Tel. & Tel. 6a American Tel. & Tel, 6s 192: American Thread Co." 8 1 American Tobacco Co. 7s 1921.., W;z American ‘Tdbacco Co. 33 1004 100 | American Tobacco Co. 76 1923.. 99 - Anaconda Copper 6s 1929....... B84 % Anglo-Amerioyn_ 0il 7i;e 1925.. 99% JO8 Armour & Co. 7a 1830, bt Bethlehem Steel 7s 19 % o Bethlehem Steel 7s 1923 N an Canadian Pacific 6x 192 % B Central Argentine 6s 182 By 9y Chicago, R. I. & Pacific 6s 1922. 95% 07 Cin G T &3t Louie 6 1029 oy W% 'w_York 8s Wi 9w Packing 7s 1923. Goodrich 78 1925 Car Co. lectric 7s 1925 Westinghouse E. & M. 7s 1981 The demand for men’s spring lothes is opening up much better than retailers, with short stocks an- ticipated. 5,000,000 CROWNS FOUND. Hidden Fortune in 0ld Desk Glad- dens Austrian Family. VIENNA, March 18— The hidden fortune in a piece of old furniture has turned up in Vienna with un- usually dramatic setting. One of the many families who live by the gradual sale of antique family possessions decided to sell a very old desk. The daughter and a friend were removing it to a waiting wagon when the well known secret apart- disclosed a pile of gold coins. In the coinage of nearly all Eu- rope and some of ancient date, they represent 5,000,000 present Austrian crowns. FILIPINO SCHOOL COSTS. Approximately $9,150,000 Expend- ed During the Year 1920. MANILA, P. I, March 18.—Approxi- mately $9,150.000 was spent during he year 1920 for the education of 389 pupils in_ the public schools of the Philippine Islands, according to the annual report of the director of about ents per capita of the The number of American teachers in the islands decreased in the last year . This sum amounts to 74 1o 341, while the number of from Filipino teachers increased to 17.234, as compared with 14,059 employed during 1919. During the last year, 988 new elementary gchools werg opened. _— The Aecolian Company has declared a quarterly dividend of 1% per cent on its preferred stock, payable March calls for clothing from retafl mer- are coming in. the result of hesitancy jn placing spring o~ Tl <l < growth of luxuriant, proportions. Use it and green color, evidence of an to your fruit added to window boxes each year. Digging up pulverizing i, in thoreughly and thes pac Buy it in handy cans an the earth awith a trowel, mixing V-C Plant Food king firml, 'Y like. ALEXANDRIA, VA. PLANT FOO G. E. Schultz & t Circle. 0th and S. C. Florida Ave. N.W. land Av NW a August Weber, 8 . N.W. G St. NW, Flowers— Shrubs— Lawns— Gardens Thrive With 31, to its stockholders of _record M 9t s Wiy AL WL Y sl ‘| i‘x (}‘l R e »|I‘11111;vy ‘ 4 i ‘111 0 x“" Il and capitalism. | ' MOTORS FIRMER, RIGGS BANK HAS: P RAILS ARE LOWER NEW BUILDING PLAN Stocks—O0ils Are Much Better. BY STUART P. WEST. NEW YORK, March 18—Prices moved forward on the stock exchange today after having again upset the calculations of many who were look- ing for the reaction. Bonds likewise Bave another exhibition of returning activity and buoyancy. In both stock and bond markets predictions that time money Was about to come down with a loosening up of supply, counted for a lot. One transaction, in fact, wad reported to- day of a thirty-day loan arranged at 6 per cent. But this was an exceptional opera- tion for thé I/nder was a bank which makes a pyactice of never asking more than the legal rate for its funds. These was no question, how- ever, that the whole money market Wwas easing ahead wf the time which had been commonly snticipated. . The prevailing idea 4ad been that it would not be until the checks pre- sented at the internal revenue office for the first installment of igcome and profit taxes were cashed, that the available money supply would show much o fan increase. But it NOW appears that the money market has not waited for this to happen, but has discounted the occurrence. Yesterday the stock list had re- flected the increasing feeling of con- fidence in financial circles by readily taking the offerings of professional traders, who thought that the tech- nical position had been weakened by the extensive short covering of pre- vious days and that prices were due for something of a setback. Bears Very Busy. As it turned out there was almost much new short selling yesterday as there had been covering previous- ly, and the indications were at the close of business last night that the outstanding short account was still a heavy one. This condition showed immediately in the trading began to push ahead again, the 'pro- fessionals who had been fighting thle recoré March 23. eir, advance hastened to reverse position and their purchases came into competition with a good deal of this ment opened at the proper cue and |morning. As one stock after another | fne Securicy Bymace o Gebares of Working Accommo- dations. BY L A. FLEMING. Within the near future the Riggs National Bank plans to begin impor- tant and extensive alterations and ad- ditions to its bank building. So far as the plans are arranged they con- template the rebuilding of the formgr Arlington Insurance building, now th roperty of the Riggs National Bank, and occupied by its savings branch and workroom for many employes. The front of the building will be brought into full harmony with the present bank building, the floor raised 1o the levil of the main office floor and a more direct connection with the main building brought about by cut- ting away three large panels on the west wall of the main offi ‘e. A Plans include the moving back of the vault and its enlargement, with the addition of safety deposit boxes. The proposed changes would great- 1y increase the lobby space and give the bank increased room for its cleri- cal forces. The matter of the temporary care of the hundred-odd employes now housed in the savings department is 2 problem that may be met by build- ing to the morth or through a gal- lery erected in the main office. A mezzanine floor is planned for the new building, giving added work- ing space. While there may be changes, the plans are understood to be substan- tially as outlined. Business at the Riggs National has increased to such an extent that more space is demanded if the bank would continue the service that it has beca accustomed to render. Dividends Declared. Directors of the Commercial Na- tional Bank have declared the regu- lar quarterly dividend of 21 per cent, payable to shareholders of record March 2¢ on April 1. Regular quarterly dividend of 3 er cent is payable on the shares of Bank March 31 to shareholders of Local Securities. Washington Gas shares reflected, in new buying, which was based upon |2 slight decline to 421, the timidity the easier money situation present|of some few holders as a result of and prospective. Change for eBtter. The leaders were once more the m tor and related tocks, which were re- Hicung the pronounced chan, b !lefi in their industry that has oc- curred within the last few weeks, and the oils, which were making reponse to the view held in trade circles that the oil industry, t0o, has completed its price revision. Steel stocks were nos as prominent as some of the others, but still felt the effect of statements made from high quarters ha the slum; in the steel trade has seen its worst and that from now on a slow recovery ay be®ooked for. The short interest ge for the | the slight cut in the price of gas citizen consumers. The 71 per oem notes were held quite firmly at 200%., Railway General 6s sold at 9L The real feature of the market was he evident strength in Capital Trac- tion shares, which advanced % to 1 point, with sales at 8613 to 87. This would seem to indicate that buyers have confidence in the maintenance of t| Present rates. _A few shares of Lanston sold at 73, and of Mergenthaler at 119%. Farm loan bonds are expected to be on the market in the near future. Re- ports of a sale of $75,000,000 are ac- cepted in some quarters as decidedly o very roughly handled in the high-| [aVorable, as there does not seem to ly maniplated “specialties, such Mexican Petroleum, General Asphalt|these da: Gulf. " In the afternoon |t norm and Atlanti be any chance for 5 per cent bonds even though tax free as X, at par, and they cannot the bear refreat in these tocks as-| D¢ 50ld at less than par. sumed the character of a rout. IMPERIALISM OF JAPAN IMPEDIMENT IN KOREA Baron Ishimoto Contrasts Situation | yeas wo There With That Confronting Other Nations. TOKIO, March 18.—That the impe- rialism of Japan will prove as much an impediment to the satisfactory so- {lution of her Korean question as the {imperialism of Great Britain will be {to the settlement of the Irish, Indian iand Egyptian questions and that of ithe United States to the solution of the Mexican problem was the state- ment of Baron Keikichi Ishimoto, a mining expert in an address before the Oriental and Occidental Religion Society. ‘The chief subject of diseussion at the meeting was che problem pre- sented to Japan by Korea and Baron |1 Ishimoto’s nroposed solution of that problem is the granting of a larger amount of economic freedom to the Koreans. “It is regrettable that the pending questions between the Japa- nese and Korean peoples should re- main unsolved because of the im- perialistic policy of Japan,” he said, “a policy which combines militarism However free and peaceful a nation may appear on the surface, no real liberty can be en- joyed so long as the economic sys- tem of the country is under control of another nation.” The emancipation of Korea cannot be achieved until the economic yoke which restricts the free activities of the Koreans is cast away.” C, B. & Q. STOCK DIVIDEKD. NEW YORK, March 18.—Directors f the Chicago. Burlington and Quin- V-C Plant Food IKE human beings, plants need food—three kinds Lof it. First, Nitroge: n to give a start and quick green foliage. Then Phos- phoric Acid and Potash with which the plants build their stems and give color to their blossoms. V-C Plant Food supplies all three kinds in the right rch 19, thus give your shrubs rich, ever healthy growth—flower beds become more attractive and colorful—plants in pots and window boxes bloom earlier and longer—the vegetable garden yields surprise you. d bags—easy to handle. mefa_cmred by VIRGINIA-CA]}N%I"I,O I;IAAESHEMICAL CO. RICHMOND, VA. PRICES IN COTTON SACKS Small Size Bag, 75c Medium Size Bag, $1.25 D For Flowers-Lawns-Gardens ' P £ MERGCHANTS WHO CAN SUPPLY YOU J. D. Blackistone, 3120 14th St. N.W. . Brooks, 1530 14th St. N.W 209 M St. NW. H. F. Dismer, 3300 14th St. N.W. Co., 304 10th St. N.W. G. C. Shaffer, 900 14th St. N.W. Southern Building Su, Takoma Park, D. C. Southern Evergre pply Co., 355 Cedar St., e“nr Florist Co., 8th St. and 1. S. Tamorria, 209 Pa. Ave. S.E. Tipton & Myers, 3220 17th St. N.W. Washington Floral Co., 724 14th St. N.W. th St. and Maryland Ave. N.E. S. H. Landy & Son.. 3934 Georgia Ave. N.W. Phelps & Co., 1123 NicHols Ave. S.E., Coi gress Heights, D. 3 Y ,cent, plus 1.325. payable to stos] ito about $60,000,000 or half of t fcompany’s outstanding steck issue. | ' An Outlawed Bill. om Harper's Magazine. holding on by a strap and trying to re: ‘a few paragraphs in his paper. One I them told of a discovery by a Nip, ‘expednlon of one of our universities a well preserved and thoroughly a sand years old. Since the man who was holding on | the next strap was himself engaged ! the clothing business, the man with inewspaper thought the item would i; iterest him, so he read it aloud. T | thenticated tailor's bill nearly five thou- ['vy railroad today announced the dec- {Taration of a stock dividend of 54 per he The man on the downtown car was ad | of | pur of u- to in he n- 'he | story., however, left the listener with a ! bl k gloom on his face ! “Don’t you understand said i other, impatiently. *I1t's a tailors | almost 5,000 years old.” |” “Well,” said the tailor, without e citement, * is it good for? Th 1 he bill x- ey | PERPETUAL BUILDING ASSOCIATION Pays 6 Per Cent on shares maturing in 45 or 83 months. It Pays 4 Per Cent on shares withdrawn be- : fore maturity Assets More Than $7,000,000 Surplus Nearing $700,000 Corner 11th and E Sts. N.W, .| From the American Ferestry Magasine. {ers of record March 31. 'This amounts The Treasury announces that $53.- 179.300 victory notes were retired in February. Silver continues to fall of its own weight. Samuel Montagu & o. o London thus comments: “A Pittman act and a body of Chinese speculators could only exert an ephemeral effect when exports to the far east had ased. A loss of 64 per cent in a uld in normal times suggest that the price was low.” The Itallan government is making strenuots eéfforts to stabilize the value of the lira around 4 cents (American). ‘Wall street is looking for a cut, rather an adjustment, in the Pennsyl- vania dividend, both meaning the same thing. Illinois Central Railroad Company ishowed a splendid increase in busi- ness in January. A 25 per cent freight increase and 11 per cent increase in passenger fares made the gross satisy factory. Submarine Boat Company has been authorized to buy its own shares in the open market, using $750.000 for this purpose. Other corporations might do the same thing with good i net results. 4 American Tobacco shows an income of $18,615,398 for the year 1920, a very slight reduction from the returns of Net after expenses, charges and 277,250, more than $1.600,000 Profit and loss surplus de- creased heavily. Union Bag and Paper Company for 1920 showed $23.30 a share earned on its stock. The net was doubled. Charles M. Schwab has returned from Europe with a decidedly hopeful feeling for the future. American Stores ecarned $12.78 & share. The Wall Street Journal is respon- sible for the statement that the in- come tax payments of March 15 were $1,600,000,000 less than a year ago. —_— Oldest Flea in Honey. From the American Forestry Magasine. It is believed that the earliest food store laid aside for his wants by man, and which is still in existence, is a jar of honey found in an Egyptian tomb. and probably placed there for the sustenance of the dead during the journey arross _the Stygian -river. When found. the honey had changed into a very dry candy and it had dost its sweetness, though it could stil be identified as honey. X In the bottom of the jar, well cov- jered with honey, was a dead flea of iprecisely the same sort as those which plague Egypt to this day. Ap- parently, the insect had hopped into the jar while the last rites over the dead were being observd, and wien the jar was corked the little fellow i was shut up within, and, like the true ipatriot, he probably could have d clared that death was sweet. An {way, he sank to the bottom while t honey was still ‘soft, and thers the archeologists found him after a good many thousands of years. 10V Hickory for Lacrosse. From the American Forestry Magazine. Lacrosse is popular in Canada and is played in most English-speaking’ countries. The wooden implement of the game is thé stick or racket, four or five feet long, provided with & net for catching and throwing the bail. The stick is always made of hickory, and it is said that no Indian tribe played the game except those occd- r pying regions where hickory grew or where it could be obtained. No other wood is considered sufficiently strong, tough and resilient to stand the rough work of the game. They Resist Decay. From the American Forestry Magasine. ‘ The northwestern Indians. nearly, always made their totem poles out of western red cedar, but this .choice was probably due more to the fact that the wood is easy to wesk: and extremely durable than to its fra- grance. It may be taken as a very good general rule that woods that are Bcented are resistant to decay and insect attack, and have good cabinet qualities. —_— An 0dd Kind of Pet. n Nicaragua they keep the arma- dl{lu as a pet, for the practical use of ridding their houses of ants; not in- frequently they have been bred in captivity, producing three or fouw very cute little young ones to the litter. In e:lo;.‘?llf Alfi::i:l.o"h of & the hair gra: some- blackish. Whea ’ &% ]Shorts Very Busy in Special |Seeks More Lobby and . [ - JAMES BERRY, President TRY, times Jpped with it is often caked with hard- e Tmad, whith evidenily stuek o R A5