Evening Star Newspaper, June 2, 1921, Page 22

4 FINANCIAL. _ Ve were $3,848577.02, nearly double the average day’s business. They reflected in large degree tax payments madeé ~ on the 3ist. Avram & Co. Open Local Office. M. H. Avram & Co. of New York. an incorporated concern, has opened an office in the Munsey building. with i Walter G. Springer.” formerly Was?- ington representative of the New Yor® Evening Mail, as iocal repre- lel_}lhltlve. TS e Avram Company proposes 1o Preferred Dividend Not De- |remove its statistical economic. i- 3 wvision l“"l(m- ('.Ily” bbelcal:'se of the : .2 many facilities availal Te. clared—Business Said to “The Era of Understanding.” The Washington loan and Trust ' ! THE G, {EXPECT STRIKE ARBITRATION TO CLEAR CLEVELAND SITUATION Trade Conditions, However, Have Not Changed Appreciably in Past Week. Business Outlook. o0 —————————— L DOUGLAS d - Retail Price Qualjty of Material E= Reduced 89_—_(——) SHOES flfi.flg‘ifi‘éfi?‘“"“" feeciakohoss $1022 Sulish and. $6-29 Boys' Shoes $4:50 & $5.00 : ; ; : : . Show Some Gain. Company in EIVinK generous circulu- You can save money by wearing W.L Shoes. ehes “miasiing the progress|than one eyar ago. o sty e oy o L e They have a world-wide reputation for being the S1 neus dnventorysicostel N Direotors of the Cotambie Grapho- | T "HIch Be declared that he “want! best shoes that can be produced for the price. *i% phone’ (Company met- yesterdny and |fains of industcy ~and ihoss who rrespondents, who have been r o instrucied 1o present conditions and postponed the payment of the divi-|™ake up the toiling forces. The two-page pamphlet may be had indicatlo 5 ator Hoke Smith of Georgla, & dend on the preferred stock. Because | for the asking. \ at a dinner of the co-operati m- | the dividend is cumulative it was not| Rapidly Completing Enlargement. BY G. T. ROCKWELL. mittee- of the Southern Commercial|passed, but the fact that it was not| The National Bank of Washington = Congress, at the Waldorf-Astoria last s Special Dispateh to The Star.. - night, made the sage suggestion that |declared is equivalent to the same | [® Tapidly complcting the pretentious CLEVELAND, June 2.—Settlement | trade, instead of following the flag, |thing. some months ago. A forty-foot addi- of the building trades strike, which | Féally follows the loan. He indicat- ‘This will be the second keen dis-|tion on the east of the bank, with ed It was entirely up to the so-called | appointment : the walls conforming with the main Staxted May 1 and lasted full month, | international bankers to say whether | sRaronoiters 't this cior per fiat | structure, is now inclosed and being i3 100ked upon as an important step | the foreign tiade of the United States | con e\ UhES (0 (his clty. the arst|ZUGHs (8 100 JCEI0tel SO0, 0o toward better business conditions in | Was to be expanded, either to Bu-|common distribution, and mow fol- | foF the trust department of the in Cleveland, Employers and employes | F0P® ¢ to South America. Mr. Pezet. | {owa'liko action with the preferced.. | SUtution. Which 1s functioning dail Not ver: A new vault, with safety deposit s finally decided to arbitrate the points | ington, uttered somewhat Fotived some rEooaE0o his company | {ion. is also being constructed. in dispute save for the open shop dis- | sentiments. make way for a preferred st issue | _The total cost of the improvement Dute and the men go back to work ko x that was to be safe and sane. It was | 18 $200.000. June 6. NEW YORK, June 2.—United States | Marketed at 35, while the common 55— = A , bus imports already are showing the in-|5tock less than two years ago sold - side from individual llnelb CEnd o i tariffe. and the |8t 75. Today the common is 6% fo 7 DIVIDENDS DECLARED, conditions have changed but | ise in foreign exchange. For & long |and the preferred 33. ol the past week. There is a noticeable | time, with the franc, the lira and the | AS to the company’'s business at this e let-up in.the motor business, although | mark selling at next to nothing. | time, report says that the low point in [ 4™ g 1 in one of Cleveland’s motor plants|American buyers were active in all |machines was passed in February and . Jaly : 1 1 business . continues on = capecity | the foreign markets. There was & |the low point on records in March.|Amer. Snoff, q.. b: . However, at the other plants! rush, too, to beat the new tariff. Since then there -has been some im- | Amer. Snuff pf.. d is reported. ‘With the settlement of the German | Provement in the demand for ma-|Amal 0il Co. Theynresgldin.107w.LDou£:-mru.hnted If you could visit W. L las induprinopdallm dnec'tflvm hcmy.bm-:'only Bmm"nflm‘"ndh the hi, one profit' -lndmmfmhnmzmfi are andotllermtenlhn-ed oW o for-| The 1 Lehigh eliminated, which guarantees the wearer shoes at the lowest| made, you would then reaiize why W. L. OF puy iz O R amer 1o this ifi&:}:;f.’?::;fi.}: gj:;":ifit%t: :Eéz m’:&"fi:fl"fi: e s |2 ) possible cost. mmrwbmmhn.w.l.bmqlu:hm absolutely the best shoe values fof thé money in this country. [f | distzict. . the paint and varnish | ing stability. ey e :'.'fi;"&‘?m .}é'.;‘:fl;:’;.fl:fi.‘,’,‘.;';;". T : are within your rea P They are the leaders in the fashion centers of America. The || | irad 275, =eparisd SentlL TPV | Loron swne 3 Germany has |bank loans ink records, and reducing | Colied Drue, o 8.0 o s 33 300 WLDu?ln name and the retail price are stamped on the are the same everywhere; they cost no more in San reported that business fgured in dol-| bought large weights of wool of all |on the Baltimore factory has stopped sole of all shoes before they leave the factory, which'is your m than they do in New York. Drice Feducrions: the volums B e e ey Diage ot Somara The et aitin | s n perts oL Afrioe price reductions, the volume is hold- ! jng to 5 report received here today, |TOr storage of cases. ian | will eat o1 able features of | reparations dispute and with & repre- | chines and records,.but it is a notable | Guaranty Tru: conditions here is the small number | sentative of the United States sitting |fact that the inquiry is largely for |Hecla Mining C of commercial failures that have oc- ;in the allied supreme counclil, there |the higher grades of machines. International 8ali, children 3 i stamy s 3 ing up remarkably well. which also says that British interests | factory is being operated. ety protection against pm?h. The Price| w | Douglas shoes areall made by the highest paid, skilled T e have financed the deal. The large Election of Trustees. . = “"M the are| shoemakers,under the direction and supervision of experienced The paint and varnish plants of this |buying by Germany is expected to| .. EDUCATIONAL or them. Y - Hopits : AN N orking almost to ca- [ Stiffen the price of South American e annual meeting of the East| —zmm— o o~ — men, all working with an honest determination to make the || | company are working almost 1o a7 ! % o0l,' constdaraply. and should help | Washington Savings Bank was hela| GAMP RED CLOUD yesterday and fifteen trustees were SUMMER CAMP FOR BOVS Direction of the Frie: . ity. W. L. Douglas shoes are made of the best and finest leathers | best shoesfor the price that money can buy. P :’z‘l{.é’; gain, while manufacjuring %nd | the general market, esterday : tj-“ gmeym h:- They mbm;quzy. worhu:t- taset o S Lo o "ine Gitiden Company says that its| PITTSBURGH, June 2—Plans for a |lows: Joms W= mems Hears Salol hig| : business - from dealers | showing | ten-milllon dollar home-building cam- | Grats E. Dunkum, Lewi; I A mot 3 w.L On, steady gains and collections are im-! paign, just completed by the Pitts- | Ford, W. ropy T er prices. I et for sl Inyouiy, ardoc diret from acory.Cataloguefro. 210 Spar S Broobom, Wise. @ |2Uon1Y SURR 2o e “Tor paint Tor | Bareh chamber f commerce, mas e | Lonch, Encies: lgen, William A. intis 1 id to be satisfac- d 1. ffected by the strik f 15,- i W. L. DOUGLAS STORES IN WASHINGTON tory.and while there has been reac: | 000 men in the bUJIAInE. trades now | N. ‘Foves, orr S, Marlow. William MEN'S 0 MEN'S AND tion in the demand from the Wolof|in progress here. The unions demand | Lewis D. Wilson and John C. Yost NS N \''] t two wee n 3 £ : - Yost. srore 905 Pennsylvania Avenue N. W. s o rone 1327 F Street N. W, [imdhuus ihe past toe wecks. buaionte | the renemal oF eld scales. while on” | Oicers wil be slectea June 14 Sumn!ng up, nlu Gll:detn 151:::-.«:::: 'he lunmln hleldlen‘ ‘:lecll’lr":ditmr: rl:d Bofil o Jc’;"-fl- Notes. e ‘abou surplus labo; 0| Frank g = by P OPEN SATURDAY EVENINGS 93 ey B Comiratiors, (hrebieh Matiarsiiee | sohioct mpon i bich n Sy Sonco: the | A e, Sote; T Bt L Rl e aait of the “open shop” aad importation :)é!;:k.l.n'fnfit:ll’l;l:rblla B;n;:"r Associ- Jhland boulerard, Department Steel business continued quiet, with 2 Mt Taanh ng Business by Too L 5 =S manufacturers working at interva Nt =, . EMERSON INSTITUTE [l takine care ot A reser s | Washington Stock Exchange. {ana Eesortant i wnquetionet e Y Extabilished 1552 de"k ‘nol mnm: r April, and . George O. Walson, chairman of the | Phones—Frankiin 4463, Slackenng % & S general convention committee, waited C R T SR 5 they do not as yet see any change for| Washington Railway pfd.—1 at €2%. | A Washington Gas Light—2 at 41%, 10 ac]On Secretary Mellon this morning and | SUMMER SEMESTER. The tin can industry shows a falling | 1%. :‘xlend;?. -n.sA:cvn;nlnn to the R o on. The o carer roparts exles averaging nton Fbiray Arofr000 at 61, Keenest interest I.n"th:xg::'?;idnl(io:]D.y School for Men and Boys, ® ° 3 T TNt Dustngan: - Washington Gas 7%e—3$100 at 103. d regretted that the press of pu JUNE 15. 80 peér cent of umm.c“m«me general 6—$1,000 at 943, business of vital importance would !E 5 ool for M dBo Betterment in Kansas City | Mersenthaicf Lisotrpe—10 at 121, 5 at 120, | g552, Pim in Washington mm"l B T h q 4 tnsae Bid and Asked Prices An invitation extended to Controller s Cris z T ew ran mn l'lces Stoxt & Shoee nmlanses e ST e T AL | Evening School for - Women, BY. DICK SMITH. Bid. .| ness during the convention period. JUNE 16. = J American Tel. and Telga. 4.... 13% 2% A golf tournament, with a prize @ S o, - - S serve n e ican = = First After-War Reductions Announced September, 1920 Poris . epravements Thoush: S1gN: | Amecortis 113 Eems Yegetarians and the Becteaters of the ¥ masvourn. ¢ I T el the 'month. just | Chstapeske tnd Potomacitel 5a. ety s woom e e s o | e eriacins et Ervecistaes ended. 15 o Burbarben &% 22| club and record of three best rounds in K ° L3 The volume of mercantile trade ex- | Metropolitan R. R. 5 1ast six months is desired. anis SSONS Present Reductions Effective June 1, 1921 cetlf USSP | G L B e ans and a strengthening on Gas Tlas.......... 101y ..... = e erk, Iy = $200 to $250 on Enclosed Cars Dostion of the federal reserve bank | Washiagon Bwy. an g general 62 brought $1% and a few ( sl Prmaraton T i cxvmiaation 2ot I - 3150 to $200 on Open Cars e o . 1 Aate SCE] ul:ocn:ny' was quoted at 6% to 7 to 7% {Bervice Freparatoey School, v.e. cor and - d lour Hling - = i Mo - Incrensed aotivity in flour milling | TENAEER Yaiket 38 (13- : ke Eiuy Clentiuge. The University Preparatory Sch: is noted in anticipation of liberal S = Washington bank clearings today! B.E. Corner 12th & F Sts. N.W. buying expected this month. Stocks STOCKS _— % s e s are low-and many jobbers and bakers MISCELLANEOUS. MOVING. PACKING & STORAGE | Mathematics. English. Latin. French. 3 = i rd . and Telga....... 104 ..... e e e rsics. History, Econor - : = ew ar ota fler -war been & dechine in the condition of the | Capital Traction . @ o |or Beston, cmpty. within, the pexi e dayi Pri Pri Reducti o T o o e of| SR i e TN T e - rices rices uction ‘The Campbell Baking Company. > — which operates twelve large plants in | Washington-Vieginia Bwy. pfd.. 3 ..... w‘l,l M Y o i this territory, today announced a re- 0 oves ) ou Tourmg e o o 32650 R $31(I) 8450 turn_‘to the’ 10-cent loaf from 15 s i 1 e Ty ' buying of bides is taken to impol : Runabout . . . .- 2550 3050 500 imiickts S8 ivement 1n the snoe SR ¢ |*Where You Moveilsl STU y a Anqustey. z Phone Wain 6900—Our vans ‘ederal 175 1 SEn Rkt o0 2 St 350 oot oo, [ i 2l s==r=ass e o Tnat; Sed 3650 4350 700 et field sontinues to"increase . T eur_fropreot farsiturs ace Insti- edan . . . . despite éfforts to hold down new de- M“""'" n"‘“"‘. T ""‘f & Velopment operations. While pur- lerchan ransfer t t —at Brougham St s i 3550 43m 750 chases for the :::tli&ael\ll,t“elfi‘:d mare TRUST COMP. 3 Storage Co. ;o ute prepare . 5 Demi-Coupe . 2850 3300 450 ihu siac mining situation bas ;- | Siton Sariis B e e for a position of Demi-Sedan 3050 (New Type) (New Type) PThe, tukar bot-scrcame contrasted | Welnin s WSS S s e et |8 executive leadership = t] reserve N > = . Elres S SR PC ew Type) B et e e e vear | comeegs o St e, |k JORR PRASG S 20 w57 | 8] g controller, profes- . } e wholes: good: : ChaSSIS ool s 2225 2625 400 h.f;i‘n;h:-':‘ is still experiencing fluctua- | Merchants g O e . sional Accountant (C. tions and sales are about one-third | Seventh Street Savings 1 A F B S under those of last year, the volume | Guien g:;zE pred —ar s P. A)), auditor, tax y = 3 f business exceeds L = Ty ” P rices . 0. A _y‘racuse Jears prior to 1920. Prices are below | Wasbington 2 -specialist, office manager. those of 1319, 1918 and 1917. R RN =| Study conditions are ideal . Greeery Tommage Liberal. D110 R : = | Back of thi tandard of prices is 'a bit of ‘his- ¢ o e I e ey Yo ) R = , 2nt o Ars, T Bours, cool, Conventent £ — , the tonnage Nal nion S N ; ack o IS new standard of prices 1s ‘a bit o IS {‘h#h.,l, aat year - e report| comupie miTITLE INSURANGE. — classrooms, exceptional - N . s < - . 2 - tory. Last September the Franklin cut its price dras- an mprovement in trade'and coliec | Beal"Braie Be - S = e ; 1 i “tailers in farming distriets. A |Columbia Graphophéne com.... 6% . ave. me. %-Norts 8500, Edwin C. Bosworth, Dean, wi tically. A remarkable sales ‘record followed. For months Py g R e s e e personally teach the frst ser . . . . cent and.in rug 2 1 3 new Accountancy clas past Franklin business has required normal capacity pro- . 18P st sl are below nor- | BT IR, 2y s T Vst | (e LS 3 SRS . 2 ~ , . mal but are expected to improve as MODERN FIREPROOF STORAGE 2, at 5:30 o'clock. You are duction.” Since December last there has not been on.hand - _ The Sesaon advincts “netal punt | by die LREEn VAR o THE ROAD, | £| Zrimenea o ot e ’ year with prices about one-lnird: ez S —— re by D_un'Boswm{h withe at the factory at any one day more than three days’ pro- : % fower. § out any obligation whatever. 4 > : - : y Write. or telephone Main R260 f. duction- of cars. 2 . HamF antd EggDPncg %ut i SRR R R : , : eatures Drop in Seattle : = BY PAUL HEDRICK, JR. astve nsIG’ acst"!e\T “&r wa’ac. e This favorable situation has effected economies which X e s Wash, June 2.—A sign | Aledc Feu | W o ] == i s sibe . v appearing today in the window of a|Big Ledge TIME, WORRY IN LOCAL AND 3344 - of make possible the present revision, thereby creating a O i, of e Duniens | R0 4 4% LONG-DISTANCE MOVING. . Y . o2l O oty ome of 1t Kind for sev. | Botion ‘sad Wyom 1816 CRATING, PACKING, SHIPPING. new opportunity: for. purchasers, -and again emphasizing erai year, is indicative of & return to | EHleanuid i 1 L ey T A SR OATE ; e -war | Cona 4 = H : rbi f - normal [l L J '@ || —College Preparatory, Commercial the proven advantages of Franklin performance— B e s ariaon e i, op| Cae i z, = |PONITED STATES™ || oo™ stertme Courven Sune 1. grocery staples with thosq obtaining | Card Trading _ 1 15 Accountancy School, June 7 one year ago, which revells a ve Lined % Automotive School, June 15 - “h“n\u‘:l rd“‘::’-::hl‘f:'m d::::;.l ‘l,n 215 230 Boys’ Vacation School, June 27 o 20 mile.r to the gallon af ga.rah'ne But meatly all of the sharp | Colostar Tite .. .la '3 For Catalogue Call or Address ; 3 : . the last few months. 23 3% { 8 id Consolidated 1 1 12,500 miles to the set of tires 3 lode which sold s year ago of 81| Creema doi Mo 1T G N.W. Main 8250, Open to Women. 50% slower yearly depreciation . J|% 52560~ s1though it has sold 10 cents ;fi‘ 3 7 , : 0 yonal greatest reduction has taken |Eureks a7 e , .. (National Averages) : o[l e itk i, % - R sack one ye - 3 - : 3 \ S e akound 35, Stk | it O w8 4 . = cy.-to drop still lower. Goldwyn 4 - 1 3 . } Meéats have resisted ' the decline | Guffey-Gill 12 ’ $ 5 more’ ftrgngly than other foods, al- | Sranads Oil . 3 - ' . » ¢ éductions of 3 per cent are|Hecls - 2 . 3 RN o L 5 # 5 no fresh pork. The grocery | Docs o, ) 1 < - and meat business is reported ap- |ym tal 1 3 £ : r 8 A o or ; : ; _°'I,°-I.U e :x;t below the | Iawrmationai Petroleum (sew) :és Under Spheial Act of Congress). : 5 TN 9, » O e 1s “littie demand for coal, | Kay Couny"G ti UNION Summer Term of Ten Weeks I ' NOW LOCATED AT NEW S| Do daciine. "aithough it 13 s 1 £ # STORAGE ; : HOW ROOM . bl entmten by o L % i o SR (| . ovems Jmmc 15, 1021 : f 3 L SRR L ’ preg) b{n:q'.::{fll:'c lp'rlhe‘:o‘::x(: "tall % COMPANY Clase Exerci-es, 39 PM. te 5 x . VAT ALY 3 8i wer. t Maracaibo 84303 < / : : , 1101 Connecticut ‘Ave. : : FE T QIR S L g ‘ . 'n‘}l will- be effected. For courses offered during school - A o8 g Try Geods Fairly Brisk. Mpriss on 7 H 1921-19; including sum 5 Telephone Main 5341 - ) / g consult = ¥—s - ~ 7 ‘The Ary goods ‘business continu ¢ FOREI EXCHAN D ; = "ot “:;Ihl v‘rn:l?.l'flu o—nu-}-::au‘rQ::-au a jume of unit" s 8 2 : ( done in the summer term ‘ Selling checks: Dellar value at mooa today. oo the extent thersof toward B. degree and will be help- ;l':? {;“ ts desiring to secure the in 1=ss than three years. Secretary’s office, Law Scho-~! Buiding, 815 13th St. n.w. Faon M 6017 -