Evening Star Newspaper, November 2, 1921, Page 24

: ' THE. EVENING STAR, WASHINGTON, D. C, WEDNESDAY, NOVEMBER 2, 193" . sales this winter will spring and summer dullnes: 1t fl —if Wou Know Dr. 'Edwzdt’ Oll\;.‘el ‘Tablets. & IN ALL CIRCLESIN CI'HCAGO AREA Pmmnmparmumber 2. (Spe- ‘The secret of keeping young is t¢ cial).—There is plenty of money in o do tlm you , oftset the 8. N must evidence here. Although . individual deposits of the clearing house banks oung—te - mfl' our liver and bowels— . 5 =i there's 50 neod of having a siow| Rail Settlement Clears Air and Many Lines|veck. Seaniec belicve meon ot s omplexion—derk rings u your 4 money went into purchases of the Vou Tl wyes i e Pick Up on Increased Demand A e T your face—dull eyes with no 1c P on Increase emand. oma “Tulidere are “baing, helped out N 2 . e 3, uilding an .. v P Toactive Dowsle. snd Elsewhere. B A e \ ¢ e ¢ ve.b and number of building permits here so far this {e-r wre well in ad- Dr. Edwards, a well-known phy- BY A. D. WELTON. of automoblles, especially the lower- | VeSS O, the total ok the entirs Yoor thia c‘u:’m:)h B e olive oll o | ovect Diapate to Tuo ar. | Briced, cars, and hia la taken to indi flabor and materials. Thewo factors on the Tiver and bowels, which | CHICAGO, November 2—The tem: | et alons io'the richef ditn JE0R L ine e ue, e s gave to his patients for years, |Der of business hero is better than it The fine weather in October resulted | gy g5 Frne. cost of ilving has fallen . Edwards’ Olive Tablets, the|was last week or last month. The r,t Woske throushout ’5":“;‘,{,_"‘..,‘,:; 116 per cent since June, 1920, and 2.1 bstitute for calomel, are gentle in [bankers are more cheerful, farmers|brought a brisk demand to the paint(8ifnce May, 1981. | .their action’ yet alw: effective, | are filling their most pressing needs, | and varnish market. ' There has been a| CHICAGO, November 2 (Bpecial).— marked increase in activity at the full- |Great hopes are expressed here for “They bring I[grain and farm products have moved | fashlotl " Hoatery milla. - Factorles are | the future of trading In cotton seed g3 Bk S R L oA AN S o S A RTS8 5 a 44 natu 20 E ALTOONA, Pa., November 2 (Spe- | 7 buoyancy which all should enjoy|freely and all prices are more stable | well aupplied with orders and manufac- |oil in this market. The Chicago Board | cial i Riee. togton Gas. 102: " by toning up the liver and clearIng |and some a little migher. . The. sum | TaFers. expect horily o Fesch normal |of Trade spenc a ionk pariod In study | oratars seport ‘an Wchensed emand | SAN FRANCIBCO, November 3 (Bpe- | Wasn fur, sui pios 3 the of es. of the thoueands of small transac- |production, which i ut 20,000 dozen |[and preparation before establishing | for ryel. or the month to October |Cial).—The rice harvest is progressing " b k. Dr. Edwards’ ve Tablets are|tions that go to make up the aggre- |Pairs of atockings a w this market. Warehouses have been [ 15" production remened 44.000 cars, |{&Vorably and ik well advanced. EX- | Riggs Realty oo CELLA 3 o F‘ £ business is growing, but when [ Cooler weather has stimulated a firovlded for regular storage With|againgt 37,000 for th me *period in POt demand has been heavy and|Rigge Bealty Gs (atiore) & known by their olivecolor. 15cand3dc. | those transactions are separated in [freer movement of wearing apparel. |firat-class facilities. Chicago is the | september. Complete. figures for Oc- | Prices are fairly steady. Washington Market 5s (1927)... 79 $ individy nes bad spots as well as|Broad silk mills are running at abouticenter of the packing and soap man- | tober are expected to show a, total of Washington Market 5s (1947) 7 ' et e B e o | s eoveuo retien. . © al U 31 : vt ' E m sa ts trovares ahethes it} T Ay ety Tied Uy | o I 8 Ll T e eecs ®® WU"| 'NEW YORK, Noventber 3 (Spectal).| CANONSBURG, Pa, November 2 STOCKS. 8t nt by a strike of operatives, o —The" business in bituminous coal, | (SD: 1).—The Canonsburg Pottery PUBLIC_UTILITIES, ' 3 . NEW, YORK, November 2 (Special). | which had a slight slump when the|Company and the W. 8. George Pot.|Américan Tel. and Tel; 108 —Retail dry goods merchants still are | r3i) strike was called off, has begun [tery Company are operating thein]{ipital Tracti Ci A . - . . Lal p wage T 2 Tastes L| ke ductions a2 I1a part of liquidation. In Holding for Better Prices Jiswiog.ths holisay trade with con; ; botkers "has dropped 15 per oent, Curtailing Buying Power |deai of hope." "The general trend, they n has - say, w 8 tOWAr: e purchase ol but_uasmploymant, been reapon BY L V. SHANNON. &ifts of a Gseful mature, rather than sible far much of this reduction. But demands, BOSTON, November 2 (Special).— Lemonade with demand increasing foF 'some | 8pecial Dispatch to The Bur, Y oo casc o prostuty . Three thousand tons of German toys lines which have been stagnant, sucl NEW ORLEANS, November 2.—|for children. This, they indlcate, will Steel. for the holiday trade have just been as lumber, the prospects for increased | There has been a slowin, g down in t in k 1} di thy ; T A Sy RN e P e ke e i e o in of many lines of merchal se (9 Mwunubug gtesl situation. ~Thare have been DUt |in tniy section this wesk. o dlas Dotter buying has marked the:fal] . are holding for better prices, which |¢j] h ko b, derivative _salts, |Staady Progress inTrade |they ‘believe will come when the re- |woslon manufsciarers. to ndicate 5 Commerce and_Savings. giving it the taste . |actionary movement in the specu- power of farmers at present cot- . Drug: East_Washington of sparkling lem- “in Eastern Pennsylvania |Iiivs markels shall run ita course. | nosmal. " Bavers at ‘the show limiteq | " Prices. FORT WORTH, November 2 (Spe- atade. The favorable terms under Which |their purchases to actual require- glal).—Roports from wholsale drug e ‘A tablespoonful BY FRANK D, MeLAIN. the War Finance Corporation Is ad-|ments, but thess neem to be increas- Cocon Beans. B aiRpushout the southwest show Tiion avings i vancing money to the banks to help |, terially. N/ & H ) roved business | ¢, §. Savi o fa & glass of cold water whenever !special Dispatch to The Star. Jancing money 10 sup.banks to help ling materially. R e oo ia | conditions In the immediate future. | Wasiiugton® Meciua = you feel bilious, headachy or consti- | PHILADELPHIA, November 2—Cot- |ing of great assistance to the latter, |, Y5\ BEDFORD. Mass, November pated, will u & splendid epsom | ton, woolen and silk manufacturers of |and has prevented the dumping of | * ealts 'phylich without th': awful E:u e:ltern Pennsylvania, report steady | their products on a falling market. ;’,J‘e been slow mr‘l‘lhe last ten duys. and nausea. progress in their lines this week. This Th!!"holdh;lx mov?ment. however, is ‘,:ll;r‘;'::::u:;e:;:t;oo::el\r\“.mu:’gugre has resulted in an §mprovement in de- [curtailing the buylng power of the|¥eloRment of the E2000 (AU DETANE 1 | macnd for yarns. Locomotiye and ship- |agriculturists and as a result many A avily on k for “Epsonade Salts” |building plants and steel mills in this|of the interior retail merchants are |ReW style flexible collars for men As P B P e Tstill operating at a small |buying only for immediate needs.|have increased the demand for the * Ve finer combed yarns. 3 N rcentage of capacity, however. Re-|There is a general feeling that busi- M‘de by Am Epsom Ass n s::flon in prices has stimulated the sale 'ness will pick up shortly and that the LILLE, France, November 2 (Spe- Every seam-— ~every inch - sealed with layers of rubber as light as silk MART as a London topcoat, yet they shed the hardest rain. Many different fabrics to choose from— _woolens, yarntex, heathertones. Your choice of plain or belted models, for men, women, boys and girls, And hidden under the surface of every one are six thin layers of rubber, light as silk! . Rgynsters are also made with ‘a smooth rubber surface for farmers, firemen, police- men, drivers, and all outdoor workers. These types have the rubber on the outside to repel stains or dirt. Built by the world’s oldest rubber organiza- > tion, every Raynster gives you perfect protec- 4 tion always. Ask to see the new fall models at any good clothier’s, or write us for address of e nearest dealer. Besure tolook for the Raynster label! - v i Urited Stites Rubber Company Baltimore Branch , Lombard and Eutaw Streets, Baltimore, Md. - Six light layers of rub- ber inside the fabric —proof against the hardest rain. . . A eamélen blia'e of raincogts \ remainder of thé ‘textile | ind man: workers have been on strike for | proving. ufacturers and trade is im- Washington Stock Exchange. weeks in the Turcoing and Roubaix SALKS. "districts returned to waork today. E ock. Washington G S4—$000 AC one- time 70,000 operatives were| sormm o Withiagion Qs 7ioe.—$1.000 &% 103K, vt Dat. About 40 pet sent DAd Too BT. PAUL, November 3| Wasiington Railway and 'Eieciric ds—$1.000 turned previously. They struck for | (Specisl).—togs are selling st ex-lat 000 at 5O 1,000 increased pay, tremely lew pri here and have 000 at 59! 000 ouched the lewest point reached in Eise, G M i ve The poorest hogs bring- at 100w 8500 ot Toofys ¢ (W B— 5 a hundred pound: a ital Traciion—1 at 88, 10 at 7%, 10 st i - in . dy few price changes, bt orde e ma for |10 _the halting tondency evidenced in mills in operation. The Canonsburg Kational Motropoiitan . early deliveries. the movement of agricultural prod- c dt R Bteel and lron Works have part of Riggs which looks and |®AZly deliveries, . umerous, |uSts and disappointment in' the COmMModity Reports the plant in_operation and the Fort Coffee. sefona fie acts exactly like |and s most satisfactory total af per [lumber wections over failure of orders F Vari Secti Pitt Bridge Company is under normal | NEW YORK, November 2 (Special). | *"*""F' 180 epiom salfs be- fmita for constructlon have been is- ta keep up with the scle of the last rom Various Sections | proauction. W | —The bull movement on” the’ coffes cause it is yeal |sued, but this construction 19 Mot|™parmers as a rule are refusing to Textiles. ATLANTA, November 2 (Special).— [Market, which has placed some | Continental Tru 9Pt oalty come- Under WAy A riog, © TUtur® 304 aql “their products at lower prices| BOSTON, November 2 (Special).— | Tig demand for wire fabrc prod. Fia ate emuited 1o more Sridmry T | Bationtt ooy ed with fruit now in effect in most marketm and|The trend of trade at the Boston tex- | throughout the south. Thie s ot |creased outside inquiry. Washington | ng NEW _YORK, November 2 (Spe- 3 glal)—several fargs &np-; manufas- {he top price for butchers' su urers ANNounRCes o rices lor spring floor coverings todsy. Ia gen- c,{?‘m&nm‘ “l‘%v-m:or lb‘(flm- eral there was not & very startling | {! Catlle . trading: hes . hecoras f?.‘.?: i ("' 1"'I '““‘““n" ba'_' she continued df’w .lu ;:?:«'m ‘8:. To|; OL.UEICeN. Waa. Cownwer Green county ranchman has just pur- [ Am DULUTH, Minn., November 2 (Spe- |chased 10,000 lambs at from $2.50 to|Am. Te oy wrhich ot best Jale since | 1ps s mets wpioes Lor cows are shout last “pring, resumed operations to- | 1o ® hesd when taken in large lots. day with & force of 150 workers on an eight-hour shift. A second eight- hour shift will be started in a fow weeks. There has been & decided im- rovement in demand for rugs, the officials of the company say. 514 an BONDS. s R r NEW YORK, November 2 (Bpecial). ——As the new crop of mol foiet & few here 1 1! 1 ture to the trading, which consists of odd-lot buying for current wan IS BE; § = FRRR SRR &i 133 . G Potomac Electric Power Fotomac Elec. Fower G. M. 6a: t. E. P. gen. & ref. 7s (W. L) o8 Cosl. M ington Gi to recover agaln. Business in_coal | Mants here on a five-day-a-week for export is extremely quist. Deal- | basis. ers have an ample supply of anthra- ' cite on hand to care for domestic Toys. o B unloaded at this port from steamshi; CANONSBURG; Pu.. November 2 |yrntGimins' ROl Underatood heve | & that a large shipment of German di has been received at Phila- (Special),—The Canonsburg Tin Plate Company {s operating at 100 per cent capacity this week, with twenty-four inc tributed to the increased purchasing of cocos beans are going very slow MOk, FIRE INSDHANC'H. at present. Prices, however, con- . tinue on an attractive basis. American . PITTSBURGH, November 2 (Spe-| Arimgin clal). mm in this city during No. | Corcoran vember will remain at 81 cents a pint | X Furaiture. and 14 cents Natiooal Union a quart, retail. TITLE INSU SAN FRANCISCO, November 2 i T (Special).—The demand for furniture Produce. e e il i & been stimulated by vigorous sell- | NEW YORK, November 2 (Special). MISCELLANE( ing campaigns on the part of dealers|—The receipts of California vegeta- | Columbla Graphophone com. bles at this market have been un-| Columbia Grapboplione pfd. usually heavy this week, and only!D. C. Paper Mfg. Co... high freight rates prevent large sup- | Merchant’ Irausier uud Storag plies of fresh Pacific coast vegetables | Merseuthaler, Linotype 4 0ld Dutch Market com. . from flooding this market. 01d Duteh Market ped, Lanston Monotype tar " r rity Storage . FAILURES SHOW INCREASE | Witidgues lirusi October Insolvencies 17 Per Cent| WILL HANDLE SUGAR CROP. NEW YORK, November 2.—The More Than September. Cuban-American Sugar Compary has & NEW YORK, November 2.—October | contracted to handle, at its Loulsiana failures reported to Bradstreet's num- | refinery, about 30,000 tons of the bered 1,806, an increase of 17 per|Louisiana sugar crop by arrange- cent over those of September, and the [ment with the plants of that state, second largest number in any month |which agree to pay the refining com- since March, 1915. Insolvencies last|pany §5 cents a hundred pounds for month were nearly four times those|refining the raw product. The of October, 1919. ~ Liabilities aggre-|planters assume all risks as to wmar- gated $47,722,203, 31 per cent above|ket prices. They are to receive September's total, but smaller than|about $3 pounds of the refined for in any preceding month back to No-|every 100 pounds of the raw asticle vember of last year. delivered under the contract. The ‘The biggest increase came In the[planters thereby agree to absorb the south, which had about two and one-|7 per cent shrinkage resulting from half times the failures and liabilities |the refining operations. \ DflOl:lDbel'. 1920. ———— n ten months of 1921 there have been 15,635 failures, involving liabil- | .BANK CASHIER HUSKS CORN. 1ties of $591.105.7 McCOMB, Ill, November 2.—From qashier of @ baRk 1o & corn husker at cents per ushel n less than a TOBACCO HOLDINGS INCREASE |, ;v1's fime—this is the record of Leaf tobacco held by manufacturers|E. J. Woolever, cashier of the Ran- and deslers on October 1 amounted |dolph, 1L, state bank, recently closed {to 1,647.439.732 pounds. compared with by state éxaminers. Woolever's own 1,271,534.680 pounds so_held on fhat|money was on deposit in the bank, date 'last year, says a Census Bufeau {and when the institution was closed ireport. : he sought & job husking corn. P i & £ / ) e (o> oAy i \\\\\ullllll(",’ \ NGO PN 11T W s b & 1y Wikttt iy, VLI LI ey ’ PRI ey N Y o NS o ng unu'\\ it Dew’: stay stuffed-up! Quit blowing and snuffing! A dose of “Pape’s Cold Compound” taken every two hours until three doses are taken usually breaks up any cold, The first dose opens clogged-up mostrils and air passages of head; stops nose running; relieves headache, dullness, fever- ishness, sneezing. o - “Pape’s Cold Compound” is the quickest, surest relief known and costs only a few cents at drug stores. It acts without assist- snce. Tastes nice, Contains no quipine, Insist upon Pape's. . Corns Lift Off Doesn't hurt a tit! Drop a little “Freezone” on an aching corn, instantly that corn stops hurting, then shortly you lift it right off with fingers. Truly! Your druggist sells 2 tiny bottle of “Freezone” for a few cents, sufficient to remove every hrrd corn, soft corn, or corn between toes, and calluses, without sorencss or irritation. : “Pape’s Cold Compound” is Quickest Relief | Irin i ‘| “Bayer” on Genuine Aspirin—say “Bayer” RESERVE SYSTEM i H { MAKING BIG GAINS Earnings for Fiscal Year Ending June 30, 1921, $64,562,870. BY I. A FLEMING. Gov. Harding of the federal reserve board, in defending the. high salaries paid to officials and employes of the Federal Reserve Bank of New York city and in response to a resolution {ntroduced in the Benate, gives some Interesting data regarding the growth of the federal reserve system. ‘ ‘The earning assets of the Federal Reserve Bunk of New York were ninety-five times as large in 1920 as in 1916; ecirculation nine times as large; the value of discounts in the open market 989 times as large, and transactions through the gold settle- ment fund 880 times as large. For the entire system total earn- Ing assets were thirty-nine times as lurge in 1920 ap in 1915; circulation eighteen times as large; total dis- counts in the open market 314 times as heavy and transactions in the gold gettlement funds fifty times larger in 1920 than in 1915. The number of employes was twenty- cight times greater and the salaries twenty times larger. The felleral reserve system paid to the United States government as a franchise tax in 1919, $2.703.894 1920, 724,752, and in 1921,°$64,5 70. Up to October 27, 1921, $53. 938,000 had been set aside as fran chise tax money. The fact that the federal reserve system has been a great money maker has been recognized from its Inception; it Is, in fact, a competitor with the member banks for paper and has capabllities /for great earn- ing power, especially when its ratio of reserve is as high as it has been for the last five or six months. Bankers very generally believe that they should Le entitled to some re- turn on their reserves, dhe entire re- serve of national banks other than till and secondary reserve being car- ried with the regional bank of which they are members. 1t would require an amendment to the reserve act to make any changé in the distribution of profits—so much to reserve and balance to United States as franchise tax. Potomac Refunding 7s 100 1-4. Potomac Refunding and Improve- ment 7s were in demand this mern- ing, making a new high on the local exchange at 1003;. Sales were light, but par was freely bid. . Railway 4s were stronger, advanc- ing from an opening at 593 to 58%. Washington Gas 7 per cent notes sold at 1023%. s Capital Traction brought 877 Anmual Meeting. The annual meeting of the Mefgen- thaler Linotype Company will be held at the office of the company in Brook- lyn. on the 16th inst. It is expected that the report for the year "ll} be encouraging to shareholders. F. S. Hight Elected Director. F. S. Hight_has been elected & di- rector of the Second National Bank to fill the vacancy on the board caused by _the death of Willlam Berens. Mr. Hight has been manager of the New Willard Hotel for a number of years and has been Identified with many civic organizations for the bet- terment of the National Capital. The New Willard was recently acquired by the Capitol Hotel Com- pany, of which L. M. Boomer of New York is president. Mr. Boomer, Mr. Hight and their assoclates control and manage the Waldorf-Astoria. Louls Sherry, Inc., New York; the Bellvue-Stratford. Philadelphia, and many other leading hotels. Banking, Trust and Mortgage Ce. Announcement is made that the first call for 50 per cent subscrip- tions to the capital stock of the Banking, Trust and Mortgage Company. in process of “organization, has been very gratifying. The call was for November 1 pay- ment. _Announcement is also made to the effect that the application for a charter has been made. ! Directors to Dine, Tomerrow evening the directors of the Northwest Savings Bank will en- joy afamily dinner. Frank D. Bright has been named as toastmaster. The subjects to be discussed at the dinner and the assignment .o speakers follows: Jseful Serum for Depositors,” Dr. Gregg C. Birdsall. “The Realtor as Director,” Jesse H. Hedges. % “Character the Basls of Credit,” Charles W. Morris. “The Novitiate's Impressions,” Dr. Cardon F. Warner. “The Banker's Impression of the Lawyer,” Frederick C. Bryan. “The Lawyer's Impression of the Banker,” Dion 8. Birney. “The Human Side of Banking.” George H. MacDonald. “The Merchants' Bank's Place in the Communitys J. M. Beall. Upbuilding of the Bank,” e C. Burns. Director's Duties and Re- William T. Fitzgerald. “Vagaries in Banking,” Frameis M. Savage. Succesaful Meeting. Washingten Chapter, American In- stitute of Banking, held its second sgssion of the season last evening. Nearly 200 pupils of the elementary class were on hand with & number of graduates to_help along the Mmove- ment. Harry Haynes, president of the Farmers and ‘Mechanics' Bank. 1 tured on “Drafts and Acceptance George 0. Walson condiictea ine quis in “Organization of Banks,” and J. B. Waller presided. —— $60,000 FOR SABLE COAT. - Garment Took Three Years to Gather 119 Matched Skins. NEW YORK, November 2.—A fur coat, valued at $60,000, and said to be the most expensive garment of its kind ever stitched together for a private purchaser in the United States, has just been completed and delivered to a customer by a local firm, which declines to disclose the name of the buyer further than to say that she is “a woman well known in society in New York city.” This is the third super-luxurious fur garment reported sold within the last few days. Trade papers have men- tioned the sale of a Russian sable wrap at $30,000 and a chinchilla gar- ment at $15,000 by another local firm. This coat is of the fur specifically known® as Imperial Russian crown sable, 119 perfectly matched skins, lected from thousands of pelts, be- g used. The skins came from the Irkutz region of Russia, and the col- lection, which took three years, was completed last summer, after infinite selection, cutting and grading. So skillfully have the skins been match- ed and- stitched that the coat seems to be made out of a single pelt. It is forty-eight inches long and weighs just six pounds. An examination of the tax records at Washington recently disclosed that the people of the Upited States have bpen paying yearly in taxes approxi- ately $10,000.000 on furs, compared with $100,000,000 on automobiles, and $25,000,000 on tobacco. 'SALES FAR AHEAD OF 1920. 3 N!Ehw SYO‘;EK. N!i)vember Zi—-fillea n the jewelry, silverware, luj e and leather goods division of .‘lge Bush Termi Bales Building, New York, showed an inerease in the first : s : 2 —_m: Neuraigis, Rhenmatism, Ear- | eight months of 1021 over the corre- . - 7 ) ".U;,:f"' 0{0 “Plk’lflk ef%: ‘;‘: !lnb.l:nt: ache, T"'fl';fi:" Lumbago and for .w"fln:uru"?: ls.-.;u’:;:rnzx’rnfi: ; ; V": il il € " nuine Aspirin | Pain. - All dr:f'im. -'e'll ‘Bly‘gr {howe in the same ‘month of the pre- mnfib«»-fi?mfl» for twenty- z::‘l:no o!l ZA:nd Pl in handy 8 \Ry ear by 81 pev Seal. .. of ‘Bayer Manufacture of Mono- ticacidester of licacid, - .5m 24| vision ¥ nts manufact of = vears prev ANg: thadry 53 mp.:[lhe |puin'.=n""=l%d § and 100. Aspirin is the trade mark ::.I‘:-?fi‘h'leh“v’e‘: LAl mly, parts were ‘made to_buyers trom all of the count 4