Evening Star Newspaper, October 23, 1921, Page 36

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THE SUNDAY STAR, WASHINGTON, D. C.,. OCTOBER. 23,.1921-PART 1. . OPTIMISM SCORES ADVANTAGE R_l}NGE OF MARKET AVERAGES. |\ WASHINGTON SHOULD HAVE IN WEEK'S STOCK DEALINGS T e s Tt e 24| ONE STREET RAILWAY SYSTEM sentative stocks dealt In on the New Ydrk Stock change. The period covered is the past month, up to and including the close of the market Fr ’{hu lower section of the chart indicdtes the relativ Iy on the fact that production and] s supplles Bave been brought dowa be- Law on Federal Statutes Against a Merger Ought to Be Quickly Repealed—Bene- fits to Public—Railroad Situation. SEPTEMBER—~ ~—<—L OCTOBER a 20%272829% 1 34 56 7 3101113141517 18 19 2021 plenished and this is what has been going on for the last month or mor BY L A. FLEMING. .the highest grade of investment val- It is a self-evident fact that the {“§ir vears now, and especially dur- The “conviction has been firmly tablished in the minds of huyers that the bottom of prices has been seen. An object lesson has been given in the oll trade, which may readily have its effect in other lines, of what it means to delay purchascs too loni As for Europe and the export trade, the main thing here s for American farmers to have an outlet for thelr lu,:l:lllll D:odflclllol:‘-l Boesits B s people of Washington desire one Ing the last few years, with extrava- ‘he 1acts are Lhat, despite Euro 3 it soverDment o supppsedly. wealkened buylng power, street railroad system, one fare and | E3nt €overnment (.rr:e‘n;llm. “-':: :'I:: the outward movement of the past | untversal tranafers. SYBENME AnD othire Festores Lt e summer lfid ‘;':'f"":’.::‘\’yhé:oh:'nbf;: | “Congress years ago, on the initia- Adudmw;l lx:-. the securities of rall- un exceptionally 3 ) ‘ted | roads of the coontry, s of wheat, and a movement above tive of Senator La Follette enacted | JO0FE OF T CCRRIRY. e:::;:;e:}; d - average in the case of cotton. a law forbidding one public utility | “Advances in freight and passenger - e Loran derand f'°:hmag:fr-g:';¢ company from holding more than 20 | rates, in sume instances greatly re- products Is small, but then nu- arding travel, have not facturing industry before the war al per cent of the stock of wnother | (ELNE HAVEL Iave hot been sufficient to ways rested mainly upon the home utility corporation, thereby checking |dividends, fixed charges, tazes and asker Thelekpore oaut of :h-B\;:.— the possible merger for Which & |prober depreciation offgets. ness was often taken, a3 W 8 st e public. long hel at reduced prices—at prices which vehicle had just been launched—the | q "ipg A fen d m'lefl.llrr\: “t‘o ;:E: Washington Utilities Company. switched their interest inte indus- Now Congress Is. just as anxious for | trial bonds and government se- & merger of the two traction systems | curities, bank stocks and other in- as are the people of the District. vestments, where they will not be Various lawmakers have given | subject to the thousand and onme a much thought recently to the ques- | noyances that the oads have met tion of & merger, and, unable o offer [ from time to time, in their dealings a solution of the puzsle, have Sug- | with state eommissions, tax asse gested more or less punitive measures | sors and rate makers, to say nothin, that might be expected to force the|of thelr own employes, 3 companies into & merger to avoid 5 them. Each individual stockholder has a say in the matter of a merger—each BUSINESS FAILURES JUMP Three Commercial Reports Show Increase Over Short Week. NEW YORK, October 22.—Commer- cial failures this. week took an up- ward jump compared to last week, which, however, contained a holiday. Despite this the increase in the num- ber of failures appears fairly large. Bradstreet's report 385 failures for the week ended October 30. agaimst 379 last week, and 249 in the corre- | | | BWTO MARKET Publjc Apathetic Toward Bbth Stocks and Bonds During Past Week. By the Associated Press. NEW YORK, October 22—The threatened railway strike overshad- owed n t other considerations and factors on the stock exchange this week and left its unmistakalsle press on the markets for foodstwls, cotton and other commodities. Rails were only moderately dle- pressed, but the prospect of an in- dustriul crisis at a time when the country beginning to show sk d production and distribu- d deep disappointment in financial quarters. This feeling manifested itself not alone in a slowing down of > promising investment inquiry, but in | the more apathetie attitude of the public toward all classes of securities, including high-cl: bonds Olln Continue to Improve. Almost the only stocks to show degree of strength were those which the short interest recently pr dominated, or among oils, which con- tinued ta improve on the more favor- able trade outlou] Backward con- ditions the steel industry were called to mind by the adve quar- terly statement of the Republic Iron The United tes Steel statement is to be issued Wednesday amd furtber en- BY STUART P. WEST. NEW YORK, October 22.—The Wall street movement this week has been a contest beiween two opposing views of the business outlook, in which the sponding week last year. P. G. Dun,8lde of optimism has had a decided & Co. piace the number at 407, com-|advantage. Those who are skeptical pared to 37 or tte five days O Week. The Credit Guide reports 401, :;‘"";"‘ the future da not dispute eaiust 318 last week, at there have beem many signs of This authority’ nanaly!ls of fllllul't a turn during the last two months. shows a jump of 50 per cent in Th, - 13 Nios Yook slone) ana the] o oy canset; Ignore the five succes highest number, seventy-thrye, re-:Sive advances in crude oil prices, the ported for the city in several months. |increase from less tham 30 to well “There also appears to be a Lreatel over 40 per cent in steel production ber fac: hutting | num *;,,,‘;:t.:";?‘;.“;.:‘;?’{:.’...‘ hates :and the operation of the textile mills says the Credit Guide. “There at full capacity. These mills & year were twenty-seven more failures;ago were shut down. among manufacturers this week thadi " myoe“aecmn ‘Mo however lust week. | 1.0t the failures this weel the wear- that all this is a recovery of a transi- ng apparel and dry goods lines con-|tory sort, - tributed 49 per cenmt of the total! £adthit, so, ustained i which is the largest number of fail- |Provement can be looked for while ures in this Industry of any wee::!'hlnss in Europe are so bad They uring the year. Last week this!gtress the slackness of th group supplied 39% per cent of theitrade and the handicaps whlc% .::(nnz;f lu:fl(luund the week before 42}z perican firms are under when competing cent. against the British, The average indebtedness this week | by the power!ul'nup‘;%:t‘;? :‘L’JZ#;" was estimated at $24,000, against $26.- ' ment credit, and against the German: 300 last week, while last year in the|who are buying their labor and su corresponding’ week 1t was $32.000. | plles To what extent are th NEW YORK COFFEE PRICES. !opimions meln tmioismons mee "attsr| NEW YORK, October 22.—The ’ market for coffee fulures was very: ness and financial communities? The quiet togay with fluctuations narrow ; writer believes, from all that he can gather and observe, that they are th- ivlews of a smali and_constan: | !ana ifrregular. The opening was 3.g B v T, ! points lower to 3 points higher, but' g ;o S b g i iy M tock market SV HOJ FIVIS——s tures cannot look forward to any great amount of expansion without & revival in Europe and without better cait tacilities to place at the dis- po -1 o foreign tomers. But they can look forward, through a slow bu ‘auy Erowth in the home markets, 1o a period of moderate but reason- able profits such as characterized the normal years previous to 1914. On the subject of foreign competition, it is eusily possible that the picture of SIYVHS NONUN in a vastly depreciated cur- (Copyright, 1921, by W. A High 1920 High 1921 to Date .109.88, January 3 |Industrials 80.03, May 5 . 85.37, November 3 |Kails .... . 77.56, January 15 Low 1920 Low 1921 to Date . 6675, December 21 Industrials August 24 . 67.83, February 11 | Kaily .... . 65.52, June 2 Twenty Industrial Common Stocks Used Are: (ndustrials Rails .... i yielded' little profit. The phrase of “dumping ground,” as applied to the foreign markets for an undesirable home surplus, is historic. Era of Reasenable Profit. The feeling in financial eireles is that no strike movement at this ti can hope for much succesn. th e large number of unemployed and Shareholder in each company, and|the large numb. X their right_has been upheld, just as ILEC oL NCcH e o e the laws of the United States forbid confiscation of property aud give pub- lic service corporations right to a Very true, our domestic manufac- =0 called “outlaw strike, Industrials Rails .... dwindling minority, and that th reatly predominant sentiment was to get back to work agais certain with the more severe cuts I next of even achment on the surplus to meet ¢! me buy! f Dec: her, 8 e - = v :{.2 common ividend isrexpectecl &:‘:.,.}‘L‘;’.y“’.,im‘:i‘".‘.‘m‘i sales, and Of the past week, which has resulted | American helplessness has been paint- A-Anf‘.lr“lfd fi" Suger Gentral Lenther &Steel US Steel Rl Dhyaiatl vatak l ey e T‘n:'::‘ 'm'x":' Coppers and other base metals es- |the market did 4 little better during IELtile ToNL af CholWallintraet henc] | o0 ol B i wol Qe & instances| AmLscomonve Anaconds oo Tt Company Wentoghowse OB . e | thit_one’ cannot come down unless ablig 4 ea 1 C G 3 t tablished firmer quotations, but ng have coms to light very recently Am Bmelting Baldwin Loco oodrich U 8 Rubber Western Unlon b::‘le‘om.‘: {‘c me:::r n:l l;sle‘;\{“;‘f the other does. er: baccos, rubbers, textiles and i ! lax 1‘7 46. "r.n clolslo o e propagan upon J: T ers, ce ers, i . se Of much of th da, ; 4 1917, s, tol ing up from 7.37 to e Which thi 3 . b American companies bidding Twenty Hailroad Common Stocks Used Are: h Rail € Blectric Ci anuary 1, 1917, when the govern sugars—especially the lnler—rnnved(w” at a net advance of 2 to 7 points. 2% = = : < i majority attitude, replyi for South American contracts have Atehison C M & Bt Paul K C Soutkern Northern Paciic Reading. - - in's way to susgest 1o pronaunced Sales wero oatimaled At bW §%, Dessimiste takes ity miand on e o o A e Heition and | Bmmesone BASEARY EhEbWily NWRRA IR rame | B2 SRCHHS Fowbr Conipany, and|son sck the total smnasl mage ey dustries. January, March, 7.64; May, Eround. firat, of the restoration of a|Cerman, competitors: onthe Jdrst of] Chead Onio Tilinois Central N'Y Centrat Norfolk & Western Southera By 1 the Capital Traction Company “would | $1.465,000,000. When the governmenth AMarch. 188 oroughly sound credit . position, | these e T el be most beneficial to the National | made the last wage inorease In 1920,° S eral weeks ago, where a . Westing- house Electric subsidiary got the contract for the electrification of the Chllean state railways. The other Feported this week was & like suc cebs obtained by the Baldwin Loco- notive and & subsidiary of the Standard Steel Car, which were awarded a thirteen-million dollar equipment order for which two Ger- man concerns were also bidding. (Copy ht, 1921.) [ CHRISTMAS TOYS ARRIVE. BOSTON, October 22.—The approach of the Christmas season was heralded Capital. Senators and representatives com- ing to the Capital city quickly realize that conditions exist here that should that through routing of cars is ible, corporations operating herein, serv- ing the people where there should only be one. In the city of Chicago there were @t one time three surface roads in operation without transfer of passen- gers even for partial fare, each di- vision of the city being served by a different road, each covering its sec- tion with reasonable thoroughness and mutually using tracks in the cen- i st Th ¢ market was steady and Time money was more available e spot marl d; for rommcrcy burposes and bank | unchanged at 7% for Rio 75| and 11% Bcceptances also eased. Domesticito 1% for Santos 4s. D;! r&';!: = Underwritings, chiefly for municipal- | lections of Santos are sald to ess Jties, found & ready market. but over- | freely offered. with =business —re- i e et with little | stricted to some extent as a_result. s s | 35 enn oifers were reportedin the i but it was The strength of sterling was the |cost and freight market, most reassuring feature of the for- suid that bids cabled to Brazil had| cign exchange market, other remit-|been refused. tances reflecting the strained or un- { e D N YORK DRY : an equation has been achieved be- certain state of Furope's financial MEW YORK, October 22—Cotton |tween, supply and demand. and commercial markets. e koods were quiet, with prices steady. ALk S el |Yarns were firm, =~ Fancy worsteds| mpjg stage was unquestionably ar- th figures were increased to $3, with the entire inflation of the last 000,000 annually. J. 8. Bacl : three years in loans and note issues wiped away, and with the federal re- | serve ratio back to where it stood in 1917. Secondly, it malntains that in {all ‘periods of depression overpro- duction accompanying inflated prices has been the essential cause. The turn is reached they assert when surplus stocks in the hands of mer- chants and manufacturers have been worked off, when inventory losses have been fully absorbed, and when Industrisls. Rnily. Industritls. Rail 70.25 7 October . 70.64 8. October 73,90 be seen that the problem of the railroads is not only to provide adequate transportation to the public, but to return reasonab! earnings to the stockholders. This can be effected only in one of two Ways—by ral ing expenses. The raising plan has been tried and proved a failure, becauge even as raised-the expenses of the roads are so high that they cannot make adequate returns te® their stockholders, and furtber. the jeptember 29, ptember 30, ctober 1, Saturday )ctober 8, Monday )ctober 4. Tuesday . ober 5, Wednesday . )etober & Thursday LIBERTY The more fashionable women in aris are now wearing rainbow BOJ:ID GLANCE. ockings. were quiet, but other wool goods con- by the arrival here of 3,000 tons of o Co-eds at the University of Pitts. {tinued in moderate demand. Linens!rived at last July. The recovery oc-|German tovs, in the American steam. |y ooy, 3u/g lg(lx':(') %‘fib })’"}‘;h '-"60 ‘"g;dm Yield. | ter of the restricted business dis-|high rates have undoubtedly piace bure. have voted unamimously for were firm and moderartely active.:curring since them has been a real|ship Doranof, from Hamburg and Tty 30s . -100.40 89.3 .50 86 224 398 “,:_'nl-re it ranlraids W won 1 heavy burden upon industry and elf-government. -Burlaps were weak. one, because it has been based solid- ! Bremerhaven. }_gl;:ny Zl;t’s . g%(wbu .30 8524 *93.10 s oarviniy thres vl ;f:cne:lt:‘ure by reason of the undue il S ..i.. : 5. % i ge which transporta e - Libe::tty Tst 4Ys 24.00 92.36 sions of the same city, with different | charges bear to prices at which ;‘.‘,’: == T = e AAS . terminals and separate fares, until{modities can be sold in the market Liberty 2d 414s . 81.10 the construction of the loop. which | This is clatmed to have reduced trafic, b b Liberty 3d 445 .... 85.60 then became the terminal for all. and, if %o, earnings have been pre- Liberty 4th ¥4s . .00 82.00 | Today l‘one comd»«tr;ly cloer:lrr; _tirle portionately curtalled. ; e l v e rs o ur O lc e o Victory 3%s - 19940 9460 52023 9959580 9948 D ostaniat. . |orninee o o maivs s s pAeos Victory 434s . ee.. 9940 9470 99.50 9586 99.48 Chicago has a street rallway sys-|expenses of the railroads are due to tem that will enable a passenger to ride from one side of the city to the farthest corner either on L or sur- face line on one fare. Moreover, the one management for each service permits of the routing of through cane from north to south and east to west, with universal transfers on surface or L when through cars are not available. Washington, with its 440,000 peo- ple, more or less, should have one street car system. Through cars routed from one sec- tion of the city to the other over both lines would make for the greatest convenience of patrons of the roads. Today It is impossible to leave labor, the executives, in the interests of the public and of their own se- curity holders, have undertaken to get railroad wages down to & level With other wages, and to get efficlency of employment up to vel with that jn effect In other businesses. “Railroad labor, through its union leaders, has resisted this attempt of the roads to bring conditions down to those normal in other industries, and in order to effect it maintaining high waj an clent service when nearly all other labor in the country has lowered its charges, fulminates its demands in a threat to stril at the railroad labor leaders TRADE CONDITIONS. NEW YORK, October 22.—Dun’s re- i| view of trade conditions says: ! “The possibility of .a widespread | allroad strike was not without influ- :nce on business this week, but| causeéd no. conspicuous disturbance. | elief that a walkout would be avert- d was strengthened as action toward hat end was taken, and early unset- lcment arising from the threatened SUGAR MARKET STEADY. NEW YORK, October 2: sugar ‘market was steady and un- changed today. No sales were re- ported. Cubas were quoted at 4.11 for centrifugal, with duty-free sugars 4.00. The raw sugar futures market was easier, and closing prices were 3 to 6 points net lower under selling by commission houses. December, 2 March. 2.35; May, 2.47; July, 2.57 In refined there were no changes in Bedroom, Dining-Room or Living Room Suite '3-Piece Cane Suite . . . . « This very bandsome suite as {llustrated consists of.a large 72-inch settee with two pillows and a roll, wing chair and arm chair. All three pieces are full cane sides and back, your choice of blue or mulberry velour coverings. This suite can not be appreciated without being seen. ‘The frame i3 of hand polished matogany. 9-Piece Mahogany or Walnut § Dining-Room Suite . . . . . This suite is patterned after the Tudor Perlod, with its exquisite lin of Willia: With every purchase of $100 ol more we give FREE a dainty dine mer set or & twenty-six plece set A. Rogers silverware. Large Oak Table, $14.75 189 and deau- People wl prices will gey room. Col Furniture Co. -Monday we are clos- Four-Piece Maliogany or. Walnut Bedroom Suite 149 ho een looking nln:.ld sound constructed. nsisting of wood LAMP SALE Vanity doll lamps, electric for a of the tremenid ductions that have occurred when they see this attractive bedroom.suite,.nicely finished interior and exterior. Period and Queen itting furniture for most anyone's arge roomy dresser, three mirror toilet table and new style chifforrette. $34.75 - “This Modern Kitchen Cab- lower us: re- Anne . $ Touble was mainly confined to specu- itive markets. “While requests to expedite ship- nts_of goods under order were de In some Instances. thére was o general anxiety regarding supplies ¢ merohand! and forward demands “not dppreciably -affected. ~The ~ospect of lower freight rates is en ring into calqulations, but the dis. >sition to defer commitments pend- 1g developments in' this connection in comparatively few: rters. Despite the exi: g uncer- inties and retarding factors, the >mmercial revival is making grad- 1l progress, and the slowly rising -end of production continues in evi- ence.” is priced at only... FREE at WITH EVERY ‘HEATER OR RANGE A COAL BUCKET AND SHOVEL If you require a small cook stove or a large eight-hole range we have it, 'Furniture Co. quotations, and business was of fair proportions, with fine granulated list- ed at 5.20 g Covering by October shorts caused ap advance of 15 points in that de- livery, while trading in other future positions - was negicoled and prices were unchanged. December and later months closed at 5.30. Sugar futures closed steady: ap- proximate sales, 1,450 tons; Decembe 2. January, 3.40; March, 3.3 May, 247. Quebec is sometimes called the “Gi- braltar of America” because of its well nigh impregnable position and strong means of defense, both na- tural and artificial. Hot-Blast Heaters That || ~ Cut the Coal Bill With the cast'oi coal and fuel of all kinds still high, it will be a matter of seal economy to choose your heater carefully and well this fall. The famous Loths & Cole’s hot-blast heaters will reduce your fuel bill from 25% to 40%. Every ounce of heat is extracted from the fuel and they will burn soft coal, slack, wood or prac- tically any combustible materials. e now at the lowest prices! The apartment size Buy them $29.75 New Low Prices Chevy Chase om the District side and reach a point on the Avenue east of the Treasury without change of cars, unless that point is chosen very near 7th street. Passengers bound to the Capitol frequently find & change plus the the extra cent convepient. The dalily change on Capital Traction cars at 14th and U and 7th and the Avenue and at other points emphasize the need of through trains. Patrons of the Washington Railway and Electric should be able to go down the Avenue or out lith street or up the Avenue at their pleasure. As it is today there are routes cov- ered by the same line where pas- sengers may have to change and stand for minutes in all kinds of weather waiting for a special service to carry one to his or her destina- tion. As it is today the thousands of passengers who change at the vari- ous transfer points, free and with charge, have no way to avoid the inconvenience. Washington people would probably follow the lead of other cities it given one service for the entire city and force the “jitney" into retire- ment. One thing that Congress can do and should do at once is to enact a meas- ure permitting of the merger of the| two street raflway systems. This will clear away the obstacle in tho| of & merge. bankers and others think that both boards of directors have ideas for a merger now, where they were formerly opposed thereto. Investment Bankers’ Convention. The Investment Bankers' Assoclation will meet in New Orleans with the end |al the present month. A special train {from New York, with a special from i this city, will carry many delegates to the meetin: The railroad situation will be thor- oughly discussed, and the consolidation plan of the different roads, prepared by John Oldham of Boston, a member of will be presented to the bankers for their action authorizing the abolition of the Railroad Labor Board. The Investment Bankers' Association is a power in the financlal fleld. Evi- dently its members do not fear & tie-up in New Orleans. Industrial Reports Due. Next week the quarterly report of the Tnited States Steel Corporation will be dve. American Hide and Leather will report and Corn ucts Company, as well as Central Leather. Naturally, these reports will have a pronounced bearing on market action. Falling Prices and Exports. Naturally all figures relating to the | import or export movement of products iand goods are materally affected in comparisons with a year ago. by the Very great difference prevailing in values then and now. { " America is the largest importer of coffee, bringing it In in August at 10% cents a pound, as against 18.4 cents a i year ago; Manila hemp was worth $163 ia ton in August and $300 a ton a year {ago; pig iron, $28 a ton, as compared with $91.23, and many other .items in the same declining ratio. Corn was sent abroad in August at 64 cents a bushel, as compared - with $1.75 a year ago; wheat, $1.40, against $2.90, ings in like ratio, cut the total valua- tion of the exports and making the loss even greater than it actually ls. The Raliroad Situstion. Rate of return esred by railroads of the United States on their property in- vestment: General busine: is_today facing a strike on the railroads of the coun t but it must be admitted thal there is more complacency in the face of the possibilties than even be- fore under similar threat. There seems to be no serious dread of the effects, indeed many actually roposed. stoppage of ort as the one thing necessary to & radical change in | ii’fm"fi&’a‘.“nfinm demand is that rallway wages be kept up at the top notch to which they were forcibly projected by the gov- ernment labor board in July, 1930, at the height of the wild speculation and high prices of that infl period,. “These wages, so raised, were much beyond the levél accorded at that time to all other industries, except perhaps those in the bullding trade. At about the time that these unwar- ranted wage increases were ordered, the inflation balloon had hegun to shrink, and the long period of cel- lapse which has taken place since, with its accompaniment of heavy losses and severe industrial depres. sion, has seen prices and w: in many directions decline drastically. The whole country today is suffering from these labor-pains of readjuat- ment, but disregarding this the rail- NEW YORK, October 22.—An early advance in cotton met scattered of- ferings and, after melling up to 18.68, December eased off to 18.25, closing at 18.30, compared with 18.48 yester- day. The general market closed steady at a net decline of 4 to 18 points. The feature in the late trad- ing was selling of December against purchases of March by brokers who were supposed to be operatinug for large trade interests, and whoss of- ferings of December had an wun- settling effect on the general list. It is reported that the pending shipments of cotton from local stocks to Japan will begin next week, al- though the greater t of freight room engaged for that pur pose is sald to have been for Novem- ber clearance. The amount of cotten on shipboard awaiting clearance at the end of the week was 158,603 bales. against 145,850 last year. NEW ORLEANS, La.. October 22. Overnight selling orders caused a trur finish will Kive vour home that air of quiet refinement thac always stands for 0 et selling orde ssd i K00 taste, “onsisting of six-leg extension table, uffet, china clote: five = rop of 0 poin! rount Ehairs and onme arm chair. These chairs are in genuine leather, your choice of blur e Flond o i, ° “*°°°'®" |opening, after which shorts went to or brown. ; It is also reported that a resolution |cOVering and put prices 9 to 17 points higher than yesterday's close, December falling to 17.84 and then rising to 18.07. Late in the session uncertainty over railroad strike de- velopments caused a sag to ols 10 to 16 points under the finals of yesterday. The close showed t losses of 3 to 15 points, with Decem- ber at 17.83. ims of a better spot demand locally helped values after the open- ing. It was said that some of the largest firms in this market had raised their limits over night. The hurricane warning caused a short- lived flurry among shorts. ——— DAIRY MARKETS. NEW YORK, October 22—Butter— Barely steady; recel 590 : creamery higher than creamery extras (92 score), 47a47 creamery firsts (88 to 91 score), 3 packing stock, current make No." 2, 38%. Eg| trong; receipts, 8,934 fresh gathered extra firsts, 58a6. firsts, 52257; New Jersey hennery whites, extra fancy candled selection, 93; nearby and nearby western hennery whites, first to average fancy, 7088 nearby and nearby western hennery browns, extras, §5a70: nearby ered browns and mixed colors, firsts to extras, 54a64; refrigerator special marks, u’ncy. 38a39 frigerator teady: recelpte. n:lo whole milk fresh, pts, extras, 43 a22. Poultry—Live, easier; chickens, steamer Willsolo of the Williams fleet, between Baltimore and Pacific ports to Puget sound, arrived with an un- ific-packed _salmon and ;,o:o’nn of hempseed. Pt Golden Oak Baffet | Closet, $24° ) 218 e limited }(;q¢ has porcelain adjustable with ‘warming oven or without. Every 25; fowls, 17a28; roosters, 13; turs _ n¢ :op'.'chu'fil-' tuttet Substanti- nn?flfi"fl. 1?:.‘:-?-’32: ::'l[-' In oak table -top and oll latest im- stove is guaranteed to be a perfect 2 ::{&:hffl“‘ poultry steady “‘" Y :Ith its ‘tlwo la;ll cup- .m‘:‘yi built %{ lflen ‘{;lor.dto; oxte:d- ’to full | finish with 5 | provements. - baker bmi( Pypur ————— oards, nen drawers, jen oal en| a0 as extra leaves; roomy cup- & - - S e trane: | Foely” M | huwdsomely designed as pio- | boards sud | Iy as pictured. Spe- Tor” interior is of white e e FAR EAST PRODUCTS HERE. ers. ished. tured. drawers. cial reduced price. |emamel. 5 ot B IMORE, October 32.—The A comvenient and comfortable Couch- s § railroading to a general introduction i ‘with all metal frame and spring, SETWEEN D o l$l7 l BETWEEN D her economies that| 3 ceversd with ocretonne. A and 4 o and B Sts. th total mumber of gaiafal valance is included. 415 SEIElT' “‘ l' " and & Sts. pE & out of their depre onuznd h?:“&c vgn":h Delaware in 1920, 19,118

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