Evening Star Newspaper, July 5, 1921, Page 22

22 THE EVENING STAR, WASHINGTON, D. 222 THE EVENING STAR, WAS TRADE OFF WITH LIVELY GAIT . AFTER TRIPLE HOLIDAY SEASON Reopening of Some Rail Shops With Addi- i tional Workmen Features New Week. ' Survey of Sections. tinue at about present levels for the season next spring. BY JAMES ALLERTON. Bpecial Dispateh to The Star. - NEW YORK. July 5.—Many plants . throuont this territory starcea up | MOFE Confidence and after the triple hol either with in- crop Prospects Factors creased forees or plans for Increased A A output. With entory and clean-up « 8. McKENNA. periods still unfinished, however, it prob- “Mvéflgi:\;-;rnjo :‘hessu“ " bly will e sl o0 veek until . PAUL, July 5.—The lack of con- ably will be the end of the week untily gqop o0 “rpioh 'lg heen holding back conditions settle down. jobbers and retailers, | . started off with a rush 10} Business men who a few months 3g0 up for the time lost. The retailers mistic now see a turn in opened w vigorous advertising campaign d this sentiment is mak- att ou ctive special features today with eract any tendency to designed to ing things brighter in the northw. Another big factor in the improv ment of the situation is the indication for bumper crops. The small town merchant is beginning to lay in a supply of commodities that he knows the farmer will need after he har- vests his crops. The recent dry spell, which was Severe in some parts of the nprthwest, has been relieved by rain in _the sections which needed it most. There has been no increase in the rust area and grain will not suf: s 1 shops reopened with 1 additional workmen at ticipation of activity | Definite announcement of the extent of repair work Is expected from « number of roads before the end The Delaware and Hud- ) ‘men to work today < Central is expected 10 and selling Ta £ Incrensed | fe7 Ereat damage from this cause this s in woolen lines ex- 2 ol . ction with the busin fa Trade conditions continue to im. prove in nearly all lines and whole- sale volume ise a little larger than for a similar period last year. Shoe factories are well employed and r tailers who hesitated to place orders ___PROPOSALS, PROPOSALS (or Furalshing Paper for the | = Pullic Printug and Binding.—Sealed Fro- posais tved until 10 0'clock 4 uatll 10, piclick STEAMSHIPS. Drintluz. at the Cupitol r furnishing the pa: sting and_binding for heginning the 1st E The proposals will und the awards of cont NEW ZEALAND HONOLULU, SUVA, AUSTRALIA The Pali 1 Passenger Steamers R.M.S. “Niagara” R.M.S. “Makura” 20,000 Tons 13.500 Tons Sail from Vancouver, ight to reject wny | For fares and sailings apply ian Pacific . any bid or any part { Ry, 1419 New York ave., Washington, or to ¢ part, if. in its opinion, | Canadian-Australasian Royal Mail Line, 440 in the interest of th Seymour St., Vancouver, B. C. SUMMER RESORTS IN EASTERN VIRGINIA Ocean View )plying the quantities re- than the est quired, mates. printing achine-6 e 1 < paper. 1 100 pouuds tug machine-fnish print- 4 sized and supe: 100,000 pounds hal 201,000 ‘N“):‘d’) e nchine dried; Virginia Beach Dt whe Cotle Paper:. 1465000 Poinds writing paper. high ‘machine fnish: Buckroe Beach T 300" poumts " weiting ‘paper. alror loft Willoughby Beach Cape Henry UNEXCELLED BOATING, BATHING, FISHING HOTELS and COTTAGES DELIGHTFUL WEEK END TRIPS Modern Palace Steamers Leaving Washington Daily, 6:30 p.m. Seventh Street Wharf, S.W. CITY TICKET OFFICE, 731 15th St. NW. Woodward ding Norfolk & Washington Steamboat Cp. S 3000 S fne white writing paper, pounds paper; 1000 pouuds 00 potnds ledger 190,000 pounds paper: ponnds I bord: 4,000,000 bristol board: M0 ponnds white par. Blotring paper: 2.500 r; pounds 500 pounds st offset_paper. 3 In cases where imere than 1,000 reams are cailed for. proposals r 1.000 reams or more. By t Commi Printing. q Wash: 9 [~ NEW YORK—HAVRE——PARIS LA SAVOIE .......July 14 Aug. 13 Sept. 10 EAU ... July 23 Aug. 27 Oct. 1 LA BOURDONNAIS July £3 Aug. 30 Oct. 4 'OURAINE ....July 25 Aug. 20 Sept. 17 July 27 Aug. 17 Sept. 14 Passenger and Freight Services [ Connections Encircling the Globe - Aug. anrr—l’llmhnr‘;fllnll‘ i NIAG. . o Drafts and Foreign Money Orders e x;;“a“ Nov. & For Sailings and Full Information Apply ROUSSILLON .. .P'?L T sisniivae wos > COMPANY'S OFFICE 1419 Fow Tork Aver Wassington, 517 14th St. N.W. Washington SUMMER CRUISES Great Lakes (8 days) ) Sanderson & Son, Gen. Passenger Agts. || 26 B New York or Anv ip_Ticket Agen ' Ar RICA by Uniou-Castle Line, St. Lawrence-Saguen Hulifax-Quebee_ (12 N-oa___wEG'AN' : Phone Matn 1478 AMERICA LINE — 7= 0 Norway Sweden Denmark - Continental Europe ' TN Modern Twin Screw Steamers ( Btavan fjord..Juiy R Ang. 19 Regular % Passeages. New York to Rio de Passenger Offion L % r 23 Whiteball St., New York Janeiro, Montevideo | and Buenos Aires T R T 8. 5, AMERICAN LEGION (now) @© Juy 30 7, ong »':_rm. () Avg. 3 8. 8. AEOLUS ' 21,000 Tons 8. 8. B0 ( » 21,000 Tons (c) Aug. 31 8. 8. Aeolus holds record New York to Rio—13 days 18 hours 46 minute: :’ nt;l r;mr; Rio to New Yorx—] . '2__hours. Luxuriously ap- Sy (Bteamersof U.8. pointed passen- Bhipping Board) ger steamers of (MLl ki L b L L LBA LML AL L ik 1 L dd . 17,000 tons dis- b and s Crumey placement sail- ¥ l“l’rlit and ing from New . York. For full formation apply S. S. Vestris szency orte g g TEAM;JHISPO LINES Montevideo S. As' ‘;‘g" rna:suu';x Dept, &7 wall ES T Buenos Aires s 1 5 Blag " keveer Bldg. Conrections for all parts of South America. Philadelphia, ‘Baltimore, tc.. apply company's offics, 43 @8 Olive 8t Sobil or B. M. Hicks, 1208 ¥ st. 7 i Sailings every few days of White Star Lin York, Philadelphia or Boston to Liverpooel',' C‘l::rnl:oNII:z Southampton and the Mediterranean ports, make this ser- vice indispensablenot only to the I r-lovis urist but to the American who goes nbr‘z‘;rgn %mll:se::. ‘With weekly sailings, the sturd: teady-going Red Star Liners— Lapland, Kroonlanyd?;%l.kmdmdkcw —favored by exacting travelers, will land you at Cher- bourg, Plymouth or Antwerp. The Red Star Line also rates a service from Philadelphia and New York to lamburg and Baltic Ports. Y& AMERICAN LINE The American Line ships Manchuria and Mongolia— * with their splendid prestige for dependability and ser- vice—and the new liner Minnekahda maintain a direct service to Hamburg with regular sailings. = ) | For sailing dates, travel information and interesting free literature, apply o | INTERNATIONAL MeRCANTILE MARINE COMPANY R.M. HICKS, Manager, 1208 F STREET, N.W., WASHINGTON, D.C. rly now are finding difficulty in se- ring prompt shipments. Pittsburgh Business Lags; Big Trade Expected Soon BY H. B. LAUFMAN. Bpecial Dispatch to The Star. PITTSBURGH, July 6—A lull in manufacturing of the principal prod- ucts of this section at this season of the year {s not unusual, but it is no- ticeable that both large and small establishments are requesting their employes to take early vacations. Many employes anticipate greater need for their services even before autumn approaches. The steel market is quiet, and sales are in greater proportion than pjant outputs. in many instances pur- chases are being made from stock, but with reduction of stocks increase in production can be counted on to ensue. The price cuts of the Bethlehem Steel Company were not unexpected, and further reduction in wages in the steel industry would not be su prising. The leading sheet metal in- torest Teports the largest’ order for sheets designed for car roofs which has been received in a long time. 0il producers in this district are making plans for extension of field development if their hopes that the proposal of a tariff on crude oil will advance prices are realized. Easing oft of lake shipments has made an im- pression on coal production, leaving the market quiet and soft. Commodity Reports Drugs. SYRACUSE, N. Y., Julv 5—The first unit of the Atmospheric Nitrogen Cor: poration’s plant at Solvay will be fin- ished and in operation August 1, with large production of anhydrous am- monia daily. This is the first large plant in this country for commercial recovery of nitrogen from the air and nydrogen from water gas. DETROIT, July 5.—Parke, Davis & Co. report that the business in drugs, From Various Sections | both foreign and domestic, is about 80 to 85 per cent of normal, orders being large in number, but small in amount. . Textlles. NEW YORK, July 5.—Investigation has shown that large quantities of lisle and mercerized hose of German manufacture have been sold in this country recently. The goods are. made, it is sald, of yarns secured in England and elsewhere. Canned Goods. EUGENE, Ore., July 5.—An order for $25,000 worth of canned pears for shipment to England now is being filled here. This will clean up the fruit held in the Fruit Growers' As- soclation warehouse here. GRIDLEY, Calif, July 5.—Prepara- tions now are under way at the Libby, McNeill & Libby plant here for a peach pack which will exceed that of last season by at least 40,000 cases. Ma- chinery is being shifted here from other plants of the company which will not operate this season. Electrical Equipment. NEW YORK, July 5.—Flectrical goods manufacturers have received word from Lima, Peru, that French and English goods receive preference there because they are better packed and arrive In better shape than Ameri- can products. . ST. LOUIS, July 5.—Business is sub- normal in_electrical supplies in this territory, but prices, while low, are steady. Tobacco. LANCASTER, Pa, July 5—Clgar manufucturers have been steady pur: chasers of tobacco in this section, bu ing extensively of 1920 stock at 0 cents a pound for choice and 22 cents for lower grades. The 1921 acreage is reported fully up to expectations. Conl. NEW YORK, July 6.—It is under- stood that many cbal mines in eastern territory pafd off their men the end of t week and told them to take allilasted 1,100 yea he C., TUESDAY, JULY 5, 1921. this week off as & vacation. Some pits, {1 is stated, may not reopen at all uring July. BIRMINGHAM, Ala., July 6.—Sev- eral rallroad coal orders have just been placed here, and indications are seen that the southern roads soon will be- gin taking fuel more actively on re- newed contracts, Prices to railroads are sald to have been somewhat lower. Jewelry. NEW YORK, July 5.—New price lists by silversmiths recently issued showed reductions in sterling silver- ware averaging 15 per cent. Silver-plated toilet ware,- silver- plated hollow ware and novelties also were reduced. The lists state positively no further reductions will be made before January 1, 1922, NEW YORK, July b5.—Diamonds never will be cheaper than they are today, according to Sir Ernest Oppen- heimer of Johannesburg, wko has just arrived here. He bases this statement on the increase in labor costs and the fact that the mines are growing poorer with depth. KANSAS CITY, Mo, July 5.—The de- mand for jewelry throughout the southwest has shown a marked im- provement in the last few weeks with steady and consistent buying on the part of the public. Fish, EASTPORT, Me., July 6.—Although the season is two months advanced, only one sardine cannery is in oper- ation here. Stocks of sardines have been materfally reduced, but the cost of canning is sald to exceed present prices. way. put of new securities, 000,000, securities. per cent new financing. shipment of gold. Shippt! H SAN FRANCISCO, July 5.—The Royal Mail Steam Packet Company has {naugurated _direct passenger ervice between Pacific coast ports d Great Britain, Belgium and Hol- land. The first vVeasel in the merv.iiie 0% 00s Ip Somersetshire, isi noyo 00 %% due at Seattle about July 25, I"' e fixed at 97, ke Doors of St. Peter's Church, in{wouid be issued July Rome, added. Much waste in fabric tires ~ no need of it HERE are four or five mil- . lion carownersin thiscountry using fabric tires. When they see themselves being made a target for the sale of “‘odd lots’’, “discount offers”, “retreads” and ‘‘seconds’ — what do they think? You can hardly blame gqualizy’ i seekers if this kind of situation is getting on their nerves. * - . Some people seem to feel that the spread of cord tires has made tire-makers and tire-dealers in- different about fabric gualizy. Others have the idea that fabric tires get less attention because they run to smaller sizes. The makers of United States Tires would like to goon’ record as to how they feel about it. eAs people say everywhere United States Tires are Good Tires They are engaged in serving people. They build the most complete line of fabric tires in the world. This year ““Nobby’’, “Usco’* and “‘Chain’’ Tread tires are more universally popular than ever be- fore. Because they satisfy a legitimate need for fabric qualiyy.. Neither the si#e of the tire nor the 4ind of tire has anything to do with U. S. Tire standards. Back of every Fabric Tire bear- ing the U. S. name stands the same quality that has made U. S. Royal Cords the outstanding tire. * * * This is the logical stand for the oldest and largest rubberorganization to take. It builds by po/icy —or doesn’t build at all. ' 5.—The RAIL ISSUES LEAD - |BANKS ARE ASKED IN BOND ADVANCE Special Dispatch to The Star. NEW YORK, July vance continued in the bond market today, with railway issues leading the One of the most hopeful factors back of this movement is the apparent halt that has been called upon the out- ad- This lessens the competition for established bonds. | water has been thrown upon negotiations for foreign government protracted opening of the books for the $100.000,000 French 7%s. The amount unsubscribed for is small ; it is reported not to be more than $10,- But that there shouid be any unsold ‘balance at all so long a time after the offering, indicates a_congested condition in the market for this class of loans by BRITISH BOND OFFERING. LONDON, July 5.—S!r Robert Horne, chancellor of the exchequer, announced in the house of commofls today that he had decided to offer for subscription an per cent treasurs maturing April 1, 1929, with the prics 11. United States Tires United States @3 Rubber Company Tire Branch, 1303 H Street N. W. Cold the There may or may not be some con- nection between the failure to close the books for the French lcan and the report today that Canada will in all likelthood pay off the $15,000,000 5% two-year notes August 1, rather than to attempt any maturing The Canadian government will meet 1 this obligation, o it is expected, partly i through balances already to its credit in this country and partly through the bonds, The prospectuses, the chancellor said, No definite though made of wood, havejamount for the loan would be specified, Washington Stock Exchange.’ Washington_Gas Seedy ” % 18000 8t Tr R300 ar g ot T6%. 8600 ac aslington Rwy. pfd.—2 at BT. Wasliington Gas Light— at 48%. AFTER CALL. Money—Call .loan Ga7 per ceat. Bid and Asked Prices BONDS PUBLIO UTILITY. Ameri~an Tel. and Tel American Tel. and Tv"ln bt Amer. Tel. and Tel. ctl. tr. Amer. and Tel. con' - TOMAKE REPORT June 30 Date Named—Money Movements Between Calls. Bid. B 851y 82 ] Capttal Teaceion R - ection R. b1 88 City and Buburban 5 Wants $22,000,000. Melraplican "F, a J 87 D. R. Crissinger, controller of the o currency, called upon all national 8 banks and upon all banks fn the -0 District ¢f Columbla to make & re- e plul't of their condition &s at the ©% close of business Thureday, June 30 5 g - | Riggs Realty s (short). o The last previous cali was oy ington Merket s 14 i 8 for April | o ogton Markes 86 167 B Since that time the deposits of the local banks have been greatly re- duced through the very heavy May tax payments, real, personal and in- tangible. The second annual install- ment of income and excess profits taxes also made a heavy draft on de- posits, while the fssuance of the May and June Treasury certificates proved very attractive to individuals and and Wi Wash. Ruwy. and E om. Wash. Rwy. and Elec. pfd. NATIONAL BANK. #lso to banks as offering a saf. splendid opportunity for lnveuem:r?g Against these heavy drafts, there were credited to depoSitors the semi- annual interest on savings deposits June 30, amounting to over $400,000. Moreover, May and June were monthe of saving, thrift months, and deposits increased very materially. 1t will take the final figures to tell whether or not the losses for the rea- sons named have been fully made up 4nd whether the net figures at the - close of June 30 will show a Joss or % The savings banks will un- SAVINGS BANK. Questionably show an_increase; the i national banks, with heavy govern- ment deposits on hand, may make a slight increas but the trust com- panies, according to the best informa- tion available, will show losses, and some of the national banks w. report decreased deposits. National banks holding proceeds of the last sale of Treasury certificates and short-term notes, have been noti- fled by the Secretary of the Treasury to pay into their respective regional banks 5 per cent of said balance, pay- m':"l;} to ’l:? made today. s will take about $22,000, of the banks. SEON0NIS on 4. I. B. Convention. Eleven members of the ‘Washington Chapter, American Institute of B:nk- ing, have secured reservations on the special train_ that leaves here July 16 over the Baltimore and Ohio rafl- road for Minneapolis, where the an- nual convention of the American In- stitute of Banking will be held, July 19 to 22. Six of the delegates will be accompanied daughters, Columbia Title . Real Estate Title 3 Mg, . m Merchants’ Transfer and Etorage . . Mergenthaler Linotype i 014 ‘Dutch Market com ket pid. ‘Washington *Ex-dividend. —_— CURB STOCKS. Quotations furnished by W. B. Hibbs & Co. ~l213pm~ by their and their party as ar- wives and ranged at present will include: Mr. Bl Asked. and” Mrs. Edward J. McQuade, Mr.{Astna Explosives .. L a2 and Mrs. F. G. Addison, Jr.; Mr. and | Ajied O % 1% Mre. R, E. Polock, Mr. and Mrs. W. % 5 J. Waller, Mr. and Mrs. E. Tow- 30 35 son and Miss Towson, C. D. Boyer, A. | hoone Q1L I R. Varela, W. A. Dexter, J. C. Dulin, d Wyoming. - . A._E. Fisher, G. A. Hernan. Caledon 2 a Mr. McQuade, 2 member of the | Calumet and Jerome. exceutive Council of the fifth federal reserve district, is a member of the program and resolutions committees, and, according to him, the forthcom- ing’ convention will be one of the most elaborate held in the history of_the organization. The delegation from Richmond, Va. will arrive in Washington in time to join the Washington bankers on the trip west, and, as the tiain will gn- clude representatives from the New York chapter, several hundred dele gates from the east will arrive in the western city together. Personal Mentlo Peter A. Drury. president of the Merchants' National Bank, returned to the city today, after a Wk (nd trip of inspection of his recently pur- ¥ ¢ chaged sixty-acre estate in Loudon |G m o : 8 Carib Trading Oar Light and Citins Service (new) Cities Service (old). Cities Service pfd. Columbian Emerald Commonwealth Finance Conmlidated Copper Centinental Motors Federal 01 ... Fensland Ofl tililand Ol .. len Alden " Coal county, Va. alley View is the namc of' Mr. Drury’s new summer hom and it is situated on one of the mast commanding peaks of the Blue Ridge mountains, overlooking tha vu.ev. "fhe estate was formerly that of Thomas M. Gale, and, according to many Washingtonians who FPave visited there, is one of the inost picturesque in the mountains of Vir- ginia. A nine-hole golf ecourss {s one of the attractions of the plece, and the local banker said today that he was fast mastering the Inteicacies of the ancient Scotch game. It the intention of Mr. Drury to stick bis preserves with prize cattle and wild game, and a trip through south- ern Virginia and Maryland will be taken by him next we:k with the view ‘of selecting specimens from the well stocked farms of thcse states. The price paid by Mr. Drury for his new home was approximately $60,000. Small buys in Washington Railway and Eleotric preferrsd and Washing- ton Gas Light stock constituted the activities on the local stock exchange today. Two shares of the former were | Sim disposed of at 57, while nine shares | Skelly Ol - of the gus light stock changed hands at 43%. In the bond market one $1,000 Wash- | Tonopah Divide . ington Gas Light 5 sold at 76%, and | Tonopali Extension three $500 of the company’s bonds of | [2Iffd Eastern - ooc. oo the same denomination brought 77. U. 8. 5 ASHER 5= Profit sh.?l"‘ 915 SOUTHERN BLDG. BUILDS FOR KEEPS WITH HOLLOW TILE — OR CONCRETE MOTORIST: ATTENTION!! ‘The Gears in your car will be best i egainst wear with EBONITE. It's the 1t cushions the teeth of Ebonite For_Tranamissions and Differentiale Intercontinental Rubber International Petroleum (new) Merrit 5 Midwest 011 Midwest Oil pfd ad FPAEE F L &' nited 8 8 R Tt 1 DT T L LD OIL STOCKS. Quotations furnished by W. B. Hibbs Bid. 1615 i Anglo-American Ofl Co. (new). Atlantic Refining_Co.. Borne-Scrymser_Co. Buckeye Pipe Line Co. Cheseborough Manufact: Continental Oil Co. PECLTEEE 0 Lo a 8 R FOREIGN BONDS. ‘Quotations furnished by W. B. Hibbs & Oe. cane. Just say “EBONITE” to your dealer— Dhat's your ateolute camvrouce o] bt reraite BAYERSON OIL'WORKS Manufacturers EREE,PA. PENNSYLVANIA PETROLEUM PRODUCTS SREaRkEE SRR TS F Dont wait ko killflies i and mosquitoes-keep H}E them away with - ng e “PREVENTOL™ Prevents Moths (PREVENTOL) [ s B o Zurich B MART S A CLEAN HOMI 4~ Amsterdam > Be FOREIGN EXCHANGE. Selling checks—Dollar valves at nooa todey: 33 lg!k