Evening Star Newspaper, March 22, 1921, Page 22

e T e — i it . e 4 08 TODAY’S BOND PRICES. s i 5 | Cify of Paris Gs 1921 French Gevernment geverument of Switaerland e ingdom of liel g% . Reut @ B and Treimad ¢ G. B and Irciand B! f G B wud Lo St Louis 1 Alr Line refdg. 4 ward Alr Line nd). fn, Seuthern Paeific 1st rel. | Bouthern Pagific o goutpern Ratlwas ol St Louts rancisce 3| swi Co. 8 1921 ois 00% Co, 78 1023 as Union Tank ] v 1l i B it o) Piccadilly Circus, where up-to- date papers are iways avi j e able for reference, where ar. rangements can be.made for the reception and forwarding of mail, advice obtained on ail matters of travel,” and whsre American In London UL K. of 6. B. and Lrelaud D% 1987 b Haileas Amrricu ol }H 0, e, Yulen Eacine ey, 45 Armour & O L4 Sy Toion Dasiiie Fentoon. Topeks: and Nanta Fe won. 4s. 77 | Dnion facile g2 S0 .ot Attaarie Heaning o, 1ion, | Tinfied sraten Bubber Ty i h g-m-«- and Qo cour, 4es -m:: [t s waline: Chemfeal i NEW YORK, aitimore A OIS Ohe..s.s1ueesss i e Baltlmore wad Ohle B W. v, 3y | W lisom e ey hi m Bteel refd, PO Stee "o Letpei 5 Contral Janther dn. D w AHONT-TERM SECURITIES. | 1°¢) 0 Munieh 4500 3 Dol oot Syl G B Din (Neparisd by Tedmand & Co.) 871, according to the detailed report jerman . s, 3 o ‘ | lof fhe corpe German:sov. Iue B sapenke ...;x (n.n‘lu Eon. 4 - len | ot e 1:‘.]"' ()“R_r:’ . ,fl‘""'”‘;l i Sermli‘gdv. 3158 1k sajeake and Ohlo cour . on 1922, 0O 7 [ = ch "1""-11:..-»-. wut Goiues Ji; v 2Rk ot I ot | showed o decronse of £1.08 GBI Mil. and Bt. Paul refd. 4e....000 : : © Mil, and K€, Prul copv. i @ er oent, EADERS of THE WASH. g0 Narihwestern T 101 1005 G TN oy 10aid | ATran Copper. e 1 f London are invited to make | Consalidated vy | Anglo American OIl T ey use of THE WASHINGTON | | boiiwers wud iludmod 18| Aty N i To 197 soli TAR Office an: e n| joom | Erle genernl llen 48, ] Bteel Tn 19 2036 Regent streat, London { |Geuersl Hiectric dv- D10t | Bethishem Rival 1e 124 tam bris | nhwe altnined record helghts. 5. W.. within a stone’s throw of Iilinoin Cvniral | Canndian. Pacific fa 1024 3ia | atat Argentine e 19 & Pacific International M Rapid I Loulsville aad o ent yo fuw | current year | Gn. ias of Now 0314 | Cndaty’ Packizg T 1523 . 10 B. F. Gool Ts 1 . u Guif 0l Corporation 7e 1063, . { M. J. Helns 0. may be traced th the Reg e " Istration Department conducted Although the average don oo o 4% . 1wat. 0% 5 ovei E oo i V1% | Procter & Gaible 7a 1924, 10 102" | Procter & Qomble Ta 1023 79 L1 3. Reynolda Tob. 6 192, e THE EVENING ETAR,c WASHINGTON, D. O, TUESDAY, MARCH 2‘_’: 1921, & Co. s | Noon prices reported e The Star over dircct hern Raligay 61052 New York-Washington wire by Bedmond & Co. i iwestom. Rell 39 1055 e Oy, 75 i | Western Rirctrie Ts 18983 [ Westinghouse E. & M. Ts 198 . |BETHLEHEM 1920 SALES | SHOW MARKED DECREASE sales andl earnings of the Bethlehem fon irsued yestam; | met Income for the year of E14.488.- | | K36, or { orders at tho ond of 1930 - £569.864.041 % 11917, when the corporation's busi 1. howevor, that orders for mew | May, T, kil 81 f construction will keep the principal ?,A'h {®hipbuilding plants employed for the Gx7y | ltusiness contracted most sharply 9o | tn the last quarter of 1920, the value | D of unfilied orders on P73 | umounting to $145,286,637, 9 | pured with 8251422 M lmonth of the preceding year. December 31 46 in the same on: | employes in 1920 was far under that 100%, | of the two preceding years, the rate 9% | of pay was higher than in 1919, .-O-.-.-.-.-.-.-L YT 1T I YL IC IT @ — — =1 I sl | Accurate Measurement 4 of Gasoline Service e DURING a period of thirty- P five years, the Bowser . Piston-Type Pump has been developed to its present state « of efficiency. It is now recog- nized as the Standard of the World for Accuracy in the ‘. commercial handling of oil and ., gasoline. L 4 accurate measurement by this Pump. Note the illustration. During many years of experience the public has gained confidence in methods of mechanically measuring all commodi - ties. % Mechanical measure- ment of gasoline is there- fore a natural feature of good gasoline service. It is found, in its highest state of development, in the g Bowser Piston‘Type Méeasuring Pump. Sesvice “park your car against a Bowser.” POWER PUMPS PAINT OIL TANKS OIL FILTERS OILING SYSTEMS CARLOAD STORAGE E TANKS % KEROSENE TANKS for 2 STORES 3 " LUBRICATING OIL TANES ; cEEES STORAGE and DISTRI- BUTION SYSTEMS CLEANERS ' 'S. F. BOWSER & COMPANY, Inc. FORT WAYNE : INDIANA OLDEST AND LARGEST MANUFPACTURERS OF OIL STOR- AGE AND MEASURING FQUIPMENT IN THE WORLD ‘WASHINGTON, D. C, OFFICE. ... -207 Evans Bldg. A post cavd will bring-it toyou. WRITENOW, . - &N A few simple mechanical parts assure COTTON MARKETS. NEW YORK, March 22—Encourag- Ing Liverpool advices led to an open- Ing advance of 16 to 42 points in the eotton market here today. March 11.90 on the tall. Trading In that position ends at noon temorrow. No further nptices were reperted anad | there *was covering by belated shorts, | but after the firet bilge March slip- ped back te 11.61, or withinelghtean points bf last night's close. Futures opened firmj May, 12.05; July, 12.46: October, 12.921 Wecember, 121 nuary, 13.22. NEW ORLIANS, March 235 -A rise of 84 to 24 points featured fhe first half hour of trading In the eotton market todny, May touching 11.89. Futures opened quiet: March,y11.0 May, 11.60: July, 11.87; Octeber, (124! December, 12.00, LIVERPOGL, March 23.—Cottan— &pot, moderfta Inquiry: prices fikm d middling, K95 fully middaliag. 5, middling, 7 low middling, mood ordinary, 5.36; ordinar. 3,200 American; receipts, 16,000 bale: fncluding 3,400 American. Futurew clomed qutet and wt Ko auly, .08; October, 820} 8.26; January, 8.29. iRy i L0 LIBERTY BOND NOON PRICEN. NEW YORK, March 22.—Prices of Decem {1lberty bonds at noon wore: 3%s, 90.40; frst 4s, 87.26; seoond 4s, §6.80 | bid; first 41¢s, 87.30; second 4%, §6.8: third 4%s, 80.14; fourth 4%s 7.1 victory 3%s 9730 bid; victory 4%s, | 97.84. _——— Kelsey Wheel Company, which manufactures automobile wheols, ro- 200,913 1n 1 598 over the preceding year. Expenscs on the 3342 k. /n absorbed $21.875,108, a growth of 1319 the company reported a deficit jof $2,642,974 and a net profit of $1.916,008. $577,646. Best Pork Chops, 22¢ Lb. Fresh cuts from fine lLitile Some Real Savings for Your VEAL Veal Breast, bb. ......16c Veal Chops, loin, Ib. . .28¢ Veal Cautlets, Ib. .......45¢ COMPOUND . . . .1b. 10c 15 Markets Conveniently : Located:at Northeast Market, I3tk & H Sts. K. I & C Sts. 8. E. (8. W. eorner) 7th A( ve., owm. 1920 Nichols Ave., Amacostia. 815 4% St. 5. W. = 3 \ ) OIL STOCKS. Quotations furnisted by W. B. Hibbsdk Co. Anglo-American 011 Co. (new).. Atlantie Refining Co.... ® was relattvely firm, selling up to | B Tilinols Pipe Lioe Northara Pipe Line Prairie 01l and 6. 4.61. Hnlew, 4,000 balen, |nu1udlm\' wc o Ol Co. AWusbiagton 0l ¢ —_— PARIN BOURSE V’ARIS, March 22 regalar on the bourse per tent rentes, 58 fraucs 2 centimes; | timiam i evificnt amone, e ofl men xchange on London. centines; 5 per cent loun, 53 francs The dollar was quoted | at 14 Arancs 36% centimes. —_—————— and Iron Company for 1920wearned a surplus, after de- \depreciation taxes, oft'\1,286,806, equivalent, preferred wAtvidends, to $3.29 a 5,500 common stocl IRREGULAR. Trading was ir- today. Three 56 francs 29! 95 cembimes. Cotorado Fuel Fresh EGGS for Easter Just laid by prize hens. You’ll want to dyesthem NOW for the kiddies to have on egg-rolling day. So I am offering them to you at 15 markets—priced accord- ing to my rule—The Best—Cheapest! PURE LARD . 5ot e vencnsa Lard Pve ever handled. Just ANOTHER case of the Best—Cheapest! Per Ib--............ 33 | Delicious Kingan’s Bacon, 18¢c Lb. T\bought it right and.am sell- ing” it the same way. as you Bee. binners BEEF Chuck Roast, Ib. Plate Beef, Ib. ... Hanhrm g Steak, fancy, 1916 14th St N. 3033 14th St. N. g&‘.@'fiiifiii Smooth action, great comfort,and the long life of true Packard quality, _are combined in the new Packard Single-Six with LOW OPERATING COST LIGHT WEIGHT The Packard Single-Six Tour- ing is now $2975, f. 0. b. Detroit v PACKARD MOTOR CAR COMPANY s DETROIT | ¢ THE LUTTRELL COMPANY 1100-Comnecticut Avenne SOME REVIVAL IN BUILDING IN NORTH AND WEST TEXAS AREA BY JAMES R,’RECORD. Spocial Dispatch to The/btar. FORT WORTH,"Tex., March 22.—Re- turning confiderfe in the ofl situation, the first signry of & slight revival ! buliding operr4ions and decreass in un- empjoyment, ‘especially Mexican, char- actorize the/business trend in north and wost Texug. During Ahe last few days the market on some refined products has strength- ened cpnsid n_othel t Ran B abow e producrion of orude oll incresded steadily, while op- eruibns Jikew/se advanced. For the .flnt time sinfe January 1 gendine op- . Labog situntion Improved. Signs ot building revival are noted generall £n this territory. Fort Worth, ter “business in the lumber yards and n Aterial plants In several places large '4ond issues for public works have been ‘voted. Falls county has decided to call 4 $1,000,000 bond clection. The taftuence actors on jobbing and retall business has been flt and merchants alwo report collections beticr. | The reason for the bettering of the ican employment situation is_the ning up of work in the sugar beet i ds and the consequent calls to | Texas 1o supply laborers. Tt is ssti- | mited Colorado will take 15.000 Mexi- | can laborers. Orders for them are | now being placed with the various the past three months the Mexicans ! have been the keenest suffercrs from lack of employment. Hundreds of them have become needy. Wool Growers Heartened. Word from Washington lately has heartened the wool growers and the Stock men, though little optimism prevails among the cotton Erowers. However, the wool growers are just about to harvest a new crop of wool to add to Jast year's, which they still have on hand. But the ray of hope for them exists in a message from their Washington representative that | an_emergency, though limited, tariff | is favored by many republicans. | _In the past week timely rains have | fallen in the grain belt of Texas, | which have discounted the falling | | market somewhat The acreage In wheat and oats is the largest the state has ever known and the gen- eral condition of the growing crops was never better. Credit Men of Twin Cities Come to North Dakota’s Aid BY L. §. McKENNA. , Special Dispatch to The Star. ST. PAUL, Minn., March 22—St. Paul and Minneapolls credit men, physicians for the financial ills of | the northwest, have decided to carry | mercnunts of North Dakota through | their present arisis. The credit men | reached their decision after a care- | ful survey of conditions in the North state, which ended with a confer- conce with business leaders at Grand Forks. St. Paul and Minneapol!is merchants have millions of dollars tied up in credits in North Dakota. Financial {conditions in the North state have j | been such that jobbers considered it | advisable to send their credit men | into the state to determine what their future policy should be. Find State Is Sound. | The credit men went into the state | alarmed, but returned with a differ- | ent attitude. | They iearned that the state is sound and that while thers are various un- certainties due to political disturb- ances they betieve the merchants are capable of surmounting all obstacle Inquiries sent out by St. Paul bank to their customers in the rural dis- tricts of Minnesota, North Dakota and Montana as to probable acreage this year has revealed that the farmers of it northwest ars golng to plant as crop as they did last year. In s bankers asserted their { employment bureaus in Texas. For! { Northern Pacific railr | new financial echeme in For First I’ime_ Since January 1 Genuin Optimism Is,Evident Among Oil Men. Conditions in Other Sections. sections were going to acraage, bellev et next vear will be high stable | { and refuse t | Pittsburgh Bank Clearances Regarded Favorable Index’ BY H. B. LAUFMAN. Special Dispateh to The Star burgh ban total $1,762108,02n, comparing with $1.¢ 35,488 for the same period of 1920, a very hne twelve months in the district. Bank ers consider these ficures very favor. able. in view of a downward revision of commodities and d be Teflected n 1t re tion in handied. pr dise offerca | substantially lower than a vear azoy mereantile trede is on a gratifyiog Workmen in many instane: arings with e of bus h they worked for h dozen years and are utilizing tb freedom from labor, or expanded leisure time, in shopping and seeking {amusement ‘and recreation with as. Sistance of funds accumulated during e long period of steady employmen at high wages. ° gyt Steel Production Down. . Records for the past week indieats that steel producers are not inclined 10 increase plant operations at the expense of selling prices. The Unit ed States Steel Corporation, while reducing plant operations, is adhering to the industrial board price sch ule of March. 1919. In the past \geek there have been few reports of pr cutting, and, within the same perioc there has been a clearly marked, though slight, increase in the dema for =teel products. Despite this fact there has been a decline in steel cor- poration plant operations. In som# instances, notably the Pittsburgh Steel Company, at Monessen, inde- pendents have increased their out- puts. The general production tend- ency, however, is downward. Kin- dred Industries, insofar as production is concerned, show the same tendency. Labor Hinders Buflding. A building movement was expected to find foundation in negotiations be- tween the chamber of commeree's special housing committee and repre- sentatives of the craftsm. building trades. The chamber's mittee sought a reduc in scales of the buflding trades union After several conferen nounce that the unions wil sider a reduction in wages stated that this decision applies to all unions in the building industry. not Business Noten. - NEW_YORK. March 22—Plans for & new financial structure of the Great: Northern railroad, which probably’ will involve between $600,000,000 and $700,000,000, are being worked out here by the officers and directors of the eystem and an announcement is' expected the latter part of the weqk. The new plans mean the tearing down: of the remarkable one executed on: May 1, 1911 by James J. Hill. That plan was designed to take care of the Groat Northern financing until the year 1961. A crisis arising’ through the refusal of the Interstate Commerce Commission to allow the. Burlington raiiroad to issue $108.000.- 600 in bonds and to pay $10.000.000 cash to the Great Northern and @s has made a rative PHILADELPHITA, Marth 22 —There is a movement on foot among com- mercial travelers to bring hotal rates RN NN -7 down to normal. Their complaint is directed against what they term exor- bitant rates for rogms. Increased costs of travel due t8 high fares and the 50 per cent surcharge on sleeper: tickets, together with taxes, have hit very hard the men who sell on com-y¢ missions pay their own expenses.’ The International Federation of Trav-, elers, made up of six smaller orgah- isatfons, has sent out circulars to 600,000 veling men urging them to make a stand against high charges for rooms. Complaints from many eections of the country are reaching the waye &nd mesns committee of the House of Rep- resemtatives concerning the proposal to Jevy tariff dutles on the wholesale seling price of commodities in this comntry, rather than on the purchase price abroad. It has been figured that! this change would prevent dumping of cheap foreign-made goods in this eoun- try and at the same time would cp- hance the customs returns. The plan, however, seems to have aroused im- porters, and apparently a vigorous campaign is under way., NEW YORK, March 22—Price re- cessions have reached the point where bankers and ecomomists are figuring that 60 cents today has the purchasing - power of $1 a year ago. During the period of rising prices it was & popi-~ lar pastime to figure the diminishing” g of the dollar. Now the pendu- bas swung the other way, while the doliar may never reach its WESTERN ELECTRIC GAINS Increases Neot Earnings for the Year 1820, nfl!’ TORK, March 22—Total sairs Western Hlectria ny . during 1920 amounted to ‘20?’[';‘1‘::flu_ :l"eompnr«d with $135,722,000 for ‘The annnal report of the compamy, made public yesterday, showed nel earnings amounted to $8,377.414, while thosa of 1915 werg $5,653,085. The net for 1930 were 7.2 per oent on the average Investment for the MM ‘whils in 1819 they were 6.9 per Unfilled ard!-.;l af & onl..d the , rod v!u’.:l'lyl 400 st ¢ fl and $3LIE000 &t the emd of. I e il . ‘with 30534 at the mark mumber I8 now E:‘\ll“’ The total capitalisation ny at the end of the ‘l‘rlfl.lfll. with & pet w tal of .“":'I'“L na oo, “:ax " the net workin F&fl 381, at the end of 5 !