Evening Star Newspaper, April 11, 1921, Page 20

: . watches, while June, the month of |issue may have the effect of putting|Reading gen § ANTIGONE. ... -May 3. June 1 Day and Evung Classes the specific result of a renewal of |weddings, always marks a flood tide |the 5% per cent to a slight premium,| 5! Touik :g:.. Francisco 45 sereis A. i SUSQUEHANNA. May 21, July & buying, and leaders of the industry lof jeweiry salen. Manufacturing | probably not more than an 100%. 1 h';';:’:;mne“a ! PACE INSTITUTE |[azrce that no further change in|jewelora are beginning 1o receive or- | The s are mow auoted nround 100% | batalis A1 Saa Fraacisco inc. oe. WETROPOLITAN LINE “Frem New York via Cape Cod Canal. Connections xt Boston for Portiand. Rockiand, Bangor, Yarmouth, On and after April 12th. leave Pler R.. New York (ft. Murray st.), 0 » . 1. and Tel. coav. S tary Mellon announced last " auiine Sinduss, 503 | | Begioners’ Cless Stage, Bonus System Drops.—Situ-~ April 15 Issue Announced at | Ao S e o piEht the offer of o new ixsan ot EDUCATIONAL. 30 DAY 8! RAPHIC st. n.w., seco 3 floor. Thorough Instruction in Principles, Also o 2 " F. Goodrich %0 BAR SILVER QUOTATIONS. T ANVCHT fia tio d readjustment proc- |ders of much account, bécause new 5 NG. H 1f Ol Corporat < . STEAMSHIE nflcn SCHOOLS — business ‘was not In sight. There tn| . BY I A. FLEME i 4 Dbl gon abears” H'3. Weins Bo 2w oan | R L ADEVHL S OAL BIE, COMPANY expectation that the United Btates| Secretary Mellon announces another| y ngfi, nd Ohlo conv. E“:E«',u‘”m"\’ 6s 1024 . | domestic, 98 foreign, 59%; Mexican 1738 G Street NW. Errreapsndents _who ny Senevor poration | will jower Drices|issue of Treasury certificates, ChiL, MIT. a Lizgett & Mo Tob. oe | dollars, POCAHONTAS DOesLiecs Onig —Lurerioss Yew 16-Knet Shige 5. ANHANDLE STATE, Apr. 19, May 34 ¥ gw NORTH STATE, May 3, June 7 i NEW YORK—BOSTON—NAPLES ~GENOA: Cabin and Third Class |3 .Apr. 11, May 19| PRINCESS MATOIKA, Apr. 31 June 3 NEW YORK—BREMEN—DANZIQ (Osbin and Third Class) NEW ROCHELLE, Apr. Stewart Building, Baltimore Phone Calvert 3460 45 BROADWAY, N. Y. Miisons of Passengers Carried. Not u Life Last, PROVIDENCE MERCHANTS AND MINERS Tramsportation Compasy. Eetablished 1884, BOSTON VIA MONDAY ¥RIDAY. & P.M. . VIA NORFOLK, MONDAY. 4 P. SAVANNAH JACKSONVILLE tneiuded. PIER 3 PRATT ST. FRIDAY, & PAL Meals and berth i statercom ea Muis Deek TEL. ST. PAUL 4808 BALTIMORE. - Mount Vernoa Steamer Charles Tth Street Whart Macalester Leaves Daily Exeept Sunday Classes at Convenient Hours for Advanced Students BOOKS — #CHOOL AND COLLEGE THXT books for every schodl, und miscellaneous books ail subdj it and sold, ? a8d used. 8! 933G ot, b.w. misation. First grade. April 2: stenographer a: clerk, April B 1 classes. men and women, PTHE GVIL SERVICE PREFARATORY 8cbiol, s.e. cor. 15th & F sts. n.w. Pb. Fr. exceptional itios to e REGISTER NOW FO! = MUSICAL INSTRUCTIORN. RAGTIME PIANO PLAYING, 10 TO 30 LES- sons, guaranteed; note reading taught: demon- stration. 2 to 10'p.m. DENART SCHOOL OF POPULAR MUSIC. 1408 H st n. 140 Washington Stock Exchange ALES. Washington Gas 3 Bid and Asked Prices BONDS PUBLIC rnu'nssm : American Tel. and Telga. 4= Tel, pital Traction R. City and Suburban 5: Megantic . Celtic . Apr. “Ma; New York—Liverpeel ™ .Aprit 21 3 June 25 May 1¢ June 11 July 9 No¥.—Cherhourg, South Apr. 20 pton May 18 Juoe 4 4 June 1 Juiy € ew York and Boston—Azores. Napiesx and Gemoa Antwe: .Apr.23 May 28 July 2 “Apr.30 June 4 July 9 Ap: . June 1 “May 11 July L RED STAR LINE New York—Plymouth, rp Metropolitan R. Pot El IS Riggs Roalty 5s i Washington Market 5 Washington Market 5w, W. M. Cold Storage STOCKS PUBLIC UTILITIES, rican Tel. and Telga. *1057; Ame: ¢ Traction Cherbourg, Farmers and Mechanics’ . Federal y 7 Junell July 18 4 Jume 18 July B “Ma; May 1 -Apr. 28 Jume 16 July 28 N. Y—Hamburg (via Chatb'g aftar May 36) Momgeiia May 21 June30 Aug 11 July 14 Aug. Marize Co. COMPANY. T SHOE FACTORIES (Dispatches marking the progress of tructed to present conditions indications an they really exist, are printed oniy in The Star.) BY JAMES ALLERTON. Special Dispatch to The Star. NEW YORK, April 11.—After a period of part-time operation and ab- solute idleness extending over the past six months, Brooklyn shoe fac- tories almost without exception. are busy again. This borough of the greater city leads the United States in the production of women's and children’s footwear and has 300 fao- tories. normally employing 12,000 operatives. Resumption of activily in them is prices is to be anticipated. at least for the finer grades. They insist that only a reduction of labor costs can bring about a reduction in the cost to the consumer, and the former is not in prospect. abor Costs Maintained. Price reductions on collars and shirts, however, are to be expected within the next month. This is not an industry of New York oity proper, but of Troy. The trade, nevertheless. SHOW RESUMPTION OF BUYING ation Elsewhere. functions tk >ugh this city. and it is here that the announcement has been made that the three chiel pro- ducers—Earl & Wilson, George E. Ide & Co. and Cluett, Peabody & Co. —are just completing analytical studies of costs. On these will be baséd the new wholesale prices. Labor costs will be maintained, it is said, but already .| the bonus system has been éliminated and substantial savings are counted on from this. New York's retailers are still deep- 1y impressed with the factor the special sale has become in this sea- son's trade. The first convincing evidence that extravagant buying was at an end a year ago was the extent to which women had taken to “shopping around.” Comparison of Prices. Preeisely the same evidence that retail buyers want their money's worth, as nearly as lhe{ can get it, is to met with now. t is no un- usual thing nowadays for a purchase not to be completed until the shopper has visited three. four or even six other stores for purposes of compar- ison, of value no less than of price. The recognition that merchants are giving to this factor is a striking characteristic of trade just no ew York has in the pasi been rather given to a take-or-leave-it attitude, especially toward out-of-town buyers. It can’t be done now, and It isn't be- ing tried. California Shippers Back Legislature’s Rate Appeal BY LYNN C. SIMPSON. Special Dispateh to The Star. SAN FRANCISCO, Calif., April 11.— Fruit and vegetable shippers of Cali- fornia are strongly supporting the BUSY AGAIN, two years ago. Cut prices brought no or- erable volume of business can be had by that move. By adhering to the Match, 1919, schedule the corporation has en- abled its customers who had put high- priced steel into products to market those products to advantage. It is gen- erally conceded that lower prices when named by the corporation will mean lower wages in the plants. When prices have steadied in the steel industry there is expectation of new buying. NEW YORK. April 11.—The jewelry trade is looking forward to improved conditions during May and June. Al- ready there.is evidence of the anti pated boom, for retailers are begi ning to place orders for this season: Graduation exercises at va. rious " schools throughout the country always take a fairly heavy toll of ders from wholesalers, which means that retail stocks at last are running lower, and the wholesalers have be- Eun to feel the demand for new goods. Jewelry salesmen are being sent on the road. BOSTON, April 11.—The specialties which have held sway in the leather market are beginning to recede & bit in the face of a better demand for the staples. The staple demand s not a rush affair by any means, but is of steady growth, the dealers report, and if it is miantained something ap- proaching the formal will be reached in a few months. The demand for specialties was regarded as wholly temporary, and the recession in this branch 6f the trade is not regarded as significant. NEW YOR! April 11.—Futriers from & number of cities gathered here today to attend the annual spring sale of the New York Fur Auction Bales Corporation. The collection consists largely of summer furs, for which there is an immediate market, and this fact is expected to bring about some lively bidding. Discussion of fall fur styles will mark the week, but large orders for fall and winter furs are not expected until July. On this openitg dav of Congress members of the House ways and means committee had before them telegrams from the National Council of Traveling Salesmen's _ Associations urging the adoption of tha sales tax. The traveling men assert that 6ppos tion to the measure is heing fostered by public accountants, who have reaped a harvest from the complicated income tax system now in effect. They further claim that the assertion that the sales tax shifts the burden from the rich to the poor is fallacious. Finally they say the operation of the males tax in the Philippines has been a great success. QUIET, FIRM TONE, WITH LIGHT TRADE BY STUART P. WEST. HE EVENING STAR, WASHINGTON, D.-C, MONDAY, APRIL 11 CUT INTEREST RATE ON CERTIFICATES 5 1-2 Per Cent—Local - Stocks Slow. H, 1921, to be issued April 15, to bear|{ on October 15, 1921. N s - | Erie general No definite amount is fixed in eoh-}zTe €0 mn-t:lx:'a:f nection with the issue and the right|r is retained to reject any bid. I Payment must be made on of be-|L fore April 15, Certificates will be is- 8ued to bearer. in denominations of $500, $1,000, $5.000 $10,000 and $100,000. less than the rate on the last pre- ceding 1ssue of certificates and is a recognition of the easier conditions In the money market. Local bankers belicve that the new | Penntyie; and they move up « small fraction. It will be interesting to observe the measure of success of the new ocertifi- cate issue, with a view of ascertain- ing the temper of the public toward the investment.“as the rates of in- terest recede. At 5% and 6 per cent, with the freedom of normal taxes at- tached to the certificates, they were an especial good bargain and were pur- chased very freely by banks and in- vestors generally. Money is much, easier, and as the security market is still subject to vio- ledt fluctuations, it is thought prob- able that the demand for the certifi- cates will be large, especially from those having certificates of the issue maturing April 15. A Problem Solved. They Beem to have solved the great- est problem of the day at the Good- tich plants at Akron, Ohio. P. W. Litchfleld, factory manager, announces that living costs in Akron have deereased 25 per cent, and talks of another cut in wage Representatives of the Goodyear Industrial Assembly and Mr. Litoh- fleld have been In oconference, and cost figures were produced to justify the additional cut. Industtial assembly representatives are reported as being convinced, and have asked that former employes now out of work in Akron be given the preference in taking on addi- tional forces, and have also asked that more men be given employment rather than any increase in the hours of or. Loeal Securities. Most of the transactions on today's session of the Washington Stock Ex- change were of small lots, not a transaction in stocks being recorded of over ten shates, and bul one $500 5 per cent gas bond sold, this at Two odd lots of Railway common sold at the wide and unusual range of 26 and 28, the latter last. Railway preferred brought 60. A small lot of Mergenthaler brought 120%, a firmer tone evidenced, while Lanston improved to 73 bid. AnoddilotiotCapital T ractioniasid at . Personal Menti ‘W. D. Hoover, president of the Na- tional Savings and Trust Company. returned this morning from a visit to Phoenix, Ariz. Woon prices reported to The Atar ever direct it g”'-r.n' Paris 6 1921. Atlantic Refining Co. Raltimorn anq Ghio con Chie interest at the rate of 5% bper cent,| o oq Chica, Wwith one coupon attached, redeemable £ intey The new rate is % of 1 per cent| Notfolk and W. forthern Pacific 4n penntriv Keaboard Aif Line ad) Bouthiern Pacific 1at ref. Son Bouthern Routhern Railway bx. Unior: Pacific 1st 4s, Chion Pacific conv. dx United FINANCE AND TRADE NOTES. congressional district which embfaces coal and coke traffic, earnings mhowed a reduction of $16,437, pared with the same week a year ago. ped from the factory of the Franklin Automobile Company, § the full output of the February 10 the factory has operated at 100 per cent normal, or at the rate a share, éarned on the outstanding common stock. Sales for year were railroad, forty-eight miles long, was rold at Valdosta, Ga.. under otder of United States court and was bought President Charles L. stockholders, at $87.000. 1921. TODAY’S BOND PRICES. SHORT.-TERM SECURITIES. (Reported by Redmond & Co.) Bid oiN oy BANK OF CUBA CLOSES. * NEW YORK, April 11.—The state banking department afnounced to- day closing of the Bank of Cuba in New York, & branch of the National Bank of Cuba in Havana, which closed Saturday. NEW TREASURY OFFERING. ew York-Washington wire by Redmond & Co. American American Amberican Ameri American American Tel. & Tel Tel & Tel Toread Co. Tobaceo Co Tobacco Co. Tobacco Ce 1922 J1m a8 1937, Treasury the amount- | of about $130.000.000. The new issue will be dated April 15, maturing in six months, and bearing interest at per cent. ———— tlantic Coast Line 7. ; Pacific 8s 1924 tral Argentine @a 1937 .. . R 1. & Pacific 65 122 C. & 8¢t Lonis 6e 1928 . New York Ss 1921 Packing 1923. ... 257933335 ) 32 = H i Cudahy B Chi LONDO April 11.—Bar silver, 3% 4 per ounce. Money. 5% per cent. Dia- count rates: Short bills, 5% per cent; |three-month bille, 613a8 3-18 per cent e e PARIS BOURSE FIRM. PARIS. April 11.—Prices were firm on he bourse toduy Three per cent rent 36 fran centimes: ex- change on London, francs; 5 per | eont oun ancs %, centimes. The a4, | dollar was quoted at 14 frames 2% 100 | centimes. e Mil, Penna. Cé. 41 Frocter & Gam Procter & ble R. J. Rernolds T Eears, Rosbuck & Scare’ Rotbuc & Keare. Roebuek & = s | Oon. Ofl Ti.e 1925.... .. Rallwas 6 19: > Bouthwestern Rei] 7x 1925. . Bly | Swift & Co. e & . wift & Co. ‘exas e, Union Tank Car Co. ‘Western Electric Weskinehones E Tntand and Pacific 0 Union Btation 138 idhted Gan Ts....... laware and Hudson 7n 1680, I1ifnis Central biga 4 2 ntefnational Mercactils Marine 6s.. Rapid Transit Int and ref. 3 Lo con Ffolk and Western conr. 6a ennayivania 5s 1968, o Aneyivi gen. moftga, eral 4s. .. thern Pacific conv. 4 {iway gen. 48 TUnion Pacifc 8e 1928, tes Rubber United Rtates Rubber United States Bteel 8. F X roling Chemica Wilson & Co. T Frank E. Doremus, who for ten years in Washington represented the the East Side of Detroit, was elected a director of the American State Bank in that eity. The report of the Chicago. Indian- apolis and Louisville rallway for last year shows a deficit after taxes and charges amounting to $1,133,393. Allis Chalmers Manufacturing Cem- PANy reports for quartef ended De- cember 31 last net profits of $1.038.- 981, after federal taxes, equivalent, allowing for preferred dividends, to $2.91 a share on $25,770,750 outstand- ing common stock. The public drinking eup—ugh! It is never clean, never safe. The private Lily Cup—ah! It is always clean, always safe. For your lips alone—the best paper cup. PURITY SPECIALTIES CO. Charles L. Huff, Owner and Manager Denckla Building Philadelphia, Pa. ink Due to falling off in revenues from the Western Company's gross week in March com- Maryland Railw for 1 During March 1,005 cars were ship- Syracuse, N. Y., of forty cars a day. Wright Aeronautical Corporation’s 1920 report shows net profits after charges and taxes of $411,349, or $1.83 $1,486,124 and cost of sales $1,124,058. The Valdosta, Moultrie and Western in by Jones, for the —_—_— France is prepating to celebrate American Seeurity and Trust.. 221 235 £ the sfate legis] h Eontiaental Tt 0 - g farpesl of the slate lesislature o the|. WALL STRMET, New York, Apefl 11, Wall Street Notes. O AT D antanaryiVLR obe B e g e\ o e 2% Imake an investigation of the situa-|—The . markets were necessarily Bissian fax | peod S, Washiogton Lean and Trust tion In this state looking to a pos<{prompt to reflect the encouraging de- | 513 se 90 553,000 omeis 1o oagnl® o commerce angALINGS BANES. aible Tsduction of the transconti-|velopments over Sunday In the Eng-| Goodyear Tirs and Rubber Company East Washington Already, it is claimed, the Shippers |lish labor situation. With the danger |is making 17,500 tires a day, and ex- Merch; . pects to cross the 20,000 mark by the e e R have suffered heavy losses because of [of a general strike definitely passed. | BSGts 0 £Toss the 20, > Seventh Street Savings. high rates which have prevented|and with the miners consenting rot| Income tax statements will divulge TUnion. Savings shipments. The celery shipments were | . i 1iorfere with the pumping of the | much interesting information this United States . greatly curtailed and part of the pumplng e Year. Onc Tig brokerace T » Washington Mechanic crop was lost. Last week, onions, (mines, thus avolding the fear of their | Y€, One big brokerage house re- ' = e which could not be shipped because | destruction, the worst was over 50 far | ars in" stocks and bonds and not & T i Aniates of high freights. sold in the Sacra- |as the calculations of the business|cent of profit. 0 "Psx:uz Vernon ment valley for less than the cost of iand financial community were con-| An active account with another i e ey the sacks. Large quantities have been | cerned. The sharp reversal occurred | brokerage houss showed $300.000 { 72 500, destroved in the security markets abroad and|transactions in stocks and a net prof- | e heme Mabs UTE: 4 2 cornmbia TILTUE INSUR Strawberry Prospeets. in the repre: !nlln_!ivc international is-! it of $6.12. Real” Eatate Titie The potato dealers. who claim that [S2es here Sterling exchange jumped| ‘standard Oil of Indiana is planning they are facing bankruptey, have ap- | pafk TOUX 2 €008 [0 the pound from |ap increase in gasoline production— pealed to the commission to delay the | 300, FUERN, (0% TeRAININE about| probably also an advance in price. advance In certain rates scheduled|inc high of last Monday. Cotton op.| SWis National Bank of Berne has for April 30. tions, depressed all last week by the|lowered its discount rate from 5 per Early contracts for grapes point 6 | (hreat of a vast tie-up in Britio Inc|cent to 414 per cent. Speculation is S Bt = e ot 7ot BIER | Suy e Tt Sroper art I the | SRS o 182 Londen s, wickng ke recoil. s Lanston Monotype ... 7 has olosed contracts for 1,000 tons| The effect of the news In the stook {Fesponsible for & clipping of the Fed- On, tiovireg, BacxinG | Securlty Storage IllTll. 200 of grapes at $100 a ton. market was & continuance of cover. |eral Reserve Board rates. 1 A Srehowss e et et Some idea of what this means to the | ing movement in the industrial sec.| JInspiration Copper earned $1.94 a s 8- farmer can be obtained when it is Which set in the last h share in 1920, $20 par value, as com- PHONES @338 109 stn. Known that grapes In Callfornia_yleld | Sururdny seaion. There mou porties |pared with 33,54 in 1815, i The Big 4 Transfer Co., Inc. Eomm to e “acres accoraime to” lonigen | #aine of a halt point to a peint all| ¢ PUcR 200 SUReTIor ,Copper earned 1 1 St NW’ ” ok 1o S xcre. Mcoording o losslity [ s5onnd; with 8 renewal of still moro |31y share. In 1919 it earned $2 e ' z 125 14th .W. & active buying in a few specialtiea Punching the time clocks cost the Phoba Matx: 004 Bad Outlook for Potato M Two ~factors worked, however, | railronds of the country & matior o Specialists'in Aetna Explosives There 18 a wide difference between |against any sustained upward turn. | $12,000.000 annually. to say nothing of [ pec Allied 011 the ulrawhr‘rry gr&wehrn:nd the pack- ! One “i"lmf rslslngloll;]he .;.:u loan { the’ cost of the cloc " rinders. etc. - A ers as to prices, ith the pro: t of |renewal to 7 per cen e other was United States Realty d I - P !mg-Dlllunce Atlantie Peirolen & large crop and an alloged largel the development of fresh weakness in | mont Comamnos fossl yond Jmprove. ° 9 + WHEN MOV = carryover, the packers made a condi- ! Pennsylvania. Northern Pacific, Union | April 30. It i= reported that the Boaten ional off: "3 4 Pacific and one or two other of the|atock h d bet $1 d $20 - er Boate i offer of 3 cents to 4 cents pacfic e 3 ock has earned betwesn $15 and $2 ln ee S Vi pound. * The growers demanded 1 dividend-paying railwa sharen {a share. The bonds have crossed §7. er a s e e e Last season the price was 14! The 7 per cent money rate followed | Sl % he Central Transter Co g leme et [ o, e o s Tom e HEAD OF LIFE INSURANCE o 3 The growers’ association has levied | New Yorl istric 0 other sections nmm‘lmnl:usfi 3 w. 1“ inn assessment Of $2 a chest on ship- |of the coxnlr)n which showed in the . L 3 7 % | ments of its members to provide funds | drop of the remerve ratio at the New ower SARTEAND (AND=-VE 13 which the Ao s e ) “pack their | York bank from 567 to 53.8 and the REBUKES R. R. PRESIDENT ST 2% | own crop. It in claimed that the|simultaneous rise in the ratio else. tidn Rervice (old). “ jdemand for processed strawberries for ; where, whicl brought the general 5 Cities Rervice pre use in soft drinks provides a ready|average up from 52.4 to 53.5 per cent.| NEW YORK, April 11.—Haley Fiske, [ Colontal Tire ket for the berr Plants will| The msvket became very sote d president of the Metropolitan Life In ° C : market for erries. nts w e market became very soft dur- - Sobums Emerald ed to handle the crop. Berries |ing the afternoon. Suvanios Cfimpany intd‘ a n;el:hber of S v I beginning to move freely. e executive committee of the Na- a es B S amugeat therharry Peansylvania Divid tional Association of Owners of Rail- crop in some sections. Grapes suf. "2:- lo,f t‘l::vfl:{:‘:onnlgz ozncvfir;:::t roadeecurltles, informed A. H. smm.i t of tk. oToes, bur (e average s Imfome J1n. | circles 18 the action to be taken by | Paiircd 1o & iottes wive o hoe . 20 per cent. the Pennsylvania railroad directors|that some railroads are making a L when they meet for dividends on April | mistake In their attitude toward | 27, labor. It was in reply to Mr. Smith's 8 The of Certain- Texas Banker Says Cottol Tn certain quarters it is firmly be. : ; 5 ——— AIN-TEED Paint has quality teed Giililana 01" Y ton lieved that the dividend will be Passed | tane” ob” ths Doaicmatiar foid; Preai- CERY " Paint is by a great 4 dent of the assochation, taking ex: which means that it ! Glearock Off Acreage Must Be Reduced |gntirely. white inothers it 1s Telt | Co0Lion' 1q the pocition of the sssocia: body that is known { B9 - (Ve MoNET. 3343 | Guffey Gillesple at 1t willbbe cu t any rate the|ion's executive committee in co requires fewer coats to prop- organization TIME. WoRRy 1A Lo e EvD 366 ] oo BY JAMES R. RECORD. stock appears to be discounting some | goinin * LN Fapresentatives of rall- of : LONG-DISTANCE MOVING. |Hecis : + | Spectal Dispateh to The Star. unfavorable actlon and again today | roaq employes. e erly hide, protect and beautify gverywhere 23 a maker CRATING, PACKING, SHIPPING. | iutian Packing '3 | FORT WORTH, Tex. April 11 e ipolnt I Duade’ that o authin the g Your assumption.” Mr. Fiske wrote. a surface than are required oy ity products. The name eur furniture insured for 000 while in eur tinentsl Rubber ... % | Texas ban #, just home from con- iv ) at in seeking a conference w: o ity. ' Ioug distanes vans; 500 wmel and Joca! van. “Petrolenm “(new). 13% | ferences in Washington with the War | Sauiq save the eomiasy ‘,;b;:;";';’o'{]m. labor " representatives. the most with paints of ordinary quality. Certain-teed means, “‘Certain- | G——————— = ? 3 g +| Fina C 2 v vas L] tant t . i “We Are Movi 9 | et Toredo 3§:.';‘n’,',?:,,‘:;13,°'::’;:,';,h: :dlnffe":’r’.f:':'m:f e Miaena s f\'.;r'l’({;:’;‘r:’%(":"'a-“ we' \were. pretending o rep: This body results from the ty of Quality—Guaranteed ! € Are ovmg’ Leligh, Coal an [to the cotton growers of the south- |than $2 a year the roud's bonds would | T°¢nt You on your board, was quite of the best quality ingre- Satisfaction.” |nrfia’x’§.yx" Iniete el Lecz! ani Long | lour Ntar Gas. fwest. Somc re|11_»r fm.' the present i,‘,, longer be legal fnvestments r.m,‘unv\-mrTnml. ; w»b \;vry frankly put use d and J b T " I mk‘xgnrul;;ny;:»!sr;ngr’.«’x_‘-,on: more. One | expensive thun It now 1s. :_::‘"!:_‘r‘e;e:ldlr[uviu:en:Allalullde “dwx"r" mixed WM of satisfaction from your j B %o o Texas representatives a g ministrations toward the 8 y lacobs Transfer Co., Inc. K [ Ohe contarence was B B Harios op Strengxth in New York Dock. operatives and the unions & great makes no Spring painting. Certain-teed 111-113 Florida Ave. N.E. 1y | Fort Worth, vice president of the| The advance in New York Dock fol- | mistake which may lead to disaster, Certain-teed offers other econ- 5 % N oo 2 3" | Fort Worth National Ba lowed accumulation of the stock, uctions. We o Gars, ¥ ank. o | and that it is time that all concerned in price 9500 ‘Ss01 41 | “The ome big element that cannot |Which has been going on for some|in the properties should show some omiestoo. It has greater cov- this paint &t 2 Ibe overlooked is that cotton acreage | time, and the reason for which is sufi- | conclliatory. dispostion. at teact o ing capacity. It has longer are now selling pain’ pissinz Mices Co.. 7% | must be reduced.” said Mr. Harding | clently obvious in the improvement |the extent of endeavorng fo got the ering s TONGDIE | North Amer. P. and Pl 4" |today. ‘The farmer must bear {n|Which has taken place in the com-|point of view of labor and fo seek life and color retaining value. pre-war prices. Jocal hauling: packing 24 crating | Norurwseiors Oil 2 |mind that if he does not reduce the |Pany's earnings position. It had &|Bome method of negetiation o cai S TOEERmEY SOATad uB | P’ 00 ot ek paid"tor “ons 935 of a Hietie over o100 gunr o 1on | N PRSmar impsnes u om 0. e. Phone 2538, 1% | In e of price p: for the T 31, an in- r. Fiske stated that the Metropoli- ¥ crease of $142,600 aver 19 tan Life I Com, 1 > WINTER BUILDING STORAGE | E5iootr ot Beioers 16| comantity. T . arto e Insrance Company holds se. s - 2 Trade Takes e present year has s © 13 | M iz sorsee specs n . | Rl 572 iy Finde Taies on Kaw Lis. With & Btill larger ratio of gain. Por | relirosd.and Tie, subsidinces avemrt 710 13th St. N - A ) prossnted atatistics to show LmEthere | Jonoory,urPIus ran far ahoad of last | Ing o néariy 53,000,000 pas vaiue. In b . 'ackers, Craters & Salt Creek Producing. e ° s ,000, and for February | addition, it has on its books loans and o rt Packers, Craters & Shippers |21t Creck” Froduc 1y, | wouia be & 1arger carry over on Au-|a litile over $34,000. ‘Inasmuoh as the | aEreements to loan over §9.006.000 o ‘Washington, D. C. . 8845, Estimates. 1438 U ot & 4 that might now ba‘ arranged. 1920 earnings were equivalent to|bonds and mortgages upon real estate “SAFETY FIRST" 18| In southern Texas business is re-|Z20Mething over $6 a share on the com- | “to finance your operations in the Telephone Main 6386 ABSOLUTELY FIREPROOF I 20 |ported to be taking on new life, es- | DIned preferred S common 1L the | R e o o e mInAL L an K ST - 2 ok i S e s ained | “Alt ! £ - v g I s O, [pesially n'the trucking rexions e | RSy B S e e e | o Cent ot o e et . UNITED STATES STORAGE Co.! b % | ket has begun. For instance. 400 cars|3bout $8 a share on the $17,000,000 | This is about 15 per cent of our fotal 415.273 10th St. N.W. L : {af onfons were shipped out of the Rl | ©utstanding common and preferred, | Investment in railroad securities. Main_ 4229 Frankli i 8BS e ‘ !Grande valley last week, as com- | Which share alike in all profits after| -Frankly, it disturbs us,” Mr. Fiske jZheue Main 4138 er Framkiia 343::|i. 8 Ligit an < ara for ‘theithe payment bf 5 per cent on the|2dded. Uto have your board of direc- /) = 5 5 'latter. i v represent in ! » i In cant Texar %4% nuescnt. New 'York Dock o6 j dealings with the present condition of | be many times the size | MON pays per cent annually, but | 2ffirs the stockholders. without any | on this showing it could easily double FecoBnition of the superior obliga- In Fort Worth two important busi-|its disiribution to shareholders. tions of the railroad companies. It s reported 11t week o da- | All of the company's plers with one | MaY very well be that as matters are| g cided improvement in the automobile |« xception were re-leasced las. 't - e irade and i’ {nercast in' Ue-sulcs of | considarably highor Tontals. and this | COMe 8 rather negligivle quantity the| PAJNT + VARNISH + ROOFING + LINOLEUM - OIL CLOTH & RELATED PRODUCTS euther com. il 5 - t the expansion in : v Armour Leather pfd. retll store e hasiaL fo! terest in your company is a vital one. . . . - . Armnar 51d D e higher eve for Sogontinue |1ty very” disturbing 1o read that Sou Certain-teed Paints and Varnishes Are Sold at Retail by These Merchants: : o ignore this interest. ational Leather . PHILADELPHIA. April 11.—An- | longer profits will not suffer by the | ¢ J18P0S! ‘And NE. Lewis ummer, ier Hdw. Co, Mt. Raip- wite & Oo. nouncement that independent stee] | disturbed conditions in the shipping x ".é“"a "'.':"b m‘“‘mn‘t - Fred M. Haas, 206 R, 1 Ave. e T it R.";." 3 " i dvanced pri trade. Ton on onr part e proseny any 2c-| Washisgton, D. C. N.W, Washington, D. C. ier, M i o Sarer plates ana structursl ‘sisels 33| If In addition the New York Dock |iiohegn U7, Pirt fo Protect ear in- P. Goldblatt & Co. 1923 Pa. Ave. . w_ Welsh Estate, Rockville, (e 104 T e v w2 | A New York Stock Exchange mem- | per fof is of great interest here. The |THIWaY. which has boen & drag on | “Ta sur opinion it is time that all of| Sidney L. Hechinger Co. 6th and "y Ma. i Lot ,m'- bership of John A. McElroy was post- | independents have been cutting each | the company, gets its 20 per cent rate |the interests —investors, administra-| C Sts. SW.; Camp Meigs, NE. W.E. Perry, Bethesda, Md. - CLEGN. DEY STOHAGE FOR ¥U ¢ for tranafer to Charies Henry Mel_ | other's throats by underbidding. while | Inoresse which has been ‘asked for it | tors and operatives—get fogather and| 5 vy 19 Florida Ave. _G. P. Bickford, M. M. Walker,% Wa lon for $96,000—$§1,000 above that paid | the Steel Corporation has not wavered | Will create a new source of revenue | that it is not & time for recrimina- . Loveless, - H y Grove, Md. 3 for the parent company, tion.” N.w. . Y J. W. O’Bricn, for & stock exchange seat last week. from the industrial board wll? fixed |