Evening Star Newspaper, December 5, 1921, Page 22

THE EVENING STAR, WASHINGTON, D. C., MONDAY, DECEMBER 5, 1921 A YL O Ry S ~ s TRADE SHOWED IMPROVEMENT, BUT CONDITIONS WERE SPOTTY Suggesting what a— Child MIGHT —GIVE CHILDREN cannot afford BY EDSON B. SMITH. Special Dispateh to The Star. BOSTON, December 5.—Although many close observers belleve that the improvement in trade conditions which began last August now has to present EXPENSIVE |1ost most of its momentum, bankers GIFTS, therefore, we |declare that November was, on the ’ hi : whole, a month of improvement, al- thought this SUREESION. | (1, eh business conditions were, would be ideal for “giving spotty. Woolen and cotton mills con- | tinue to operate at the same rate they have maintained for a month, the woolen mills at capacity and the cotton plants at between 80 and 90 per cent of full production. The condition of the paper industry is steadlly improving. November production In New England was about the same as the 1918 average an only about 30 per cent below the peak production of 1920. The num ber of pairs of boots and shoes turne out, however, is falling off. Markets | 0f “high-grade shocs are having a Jot of trouble in reducing wages an are not getting much business. The |2 rage production of Lynn, Haver- Bl and Brockton is less than 50 per acity. et O A eal of construction work is ‘being planned, but little is being done at present, although 1922 is ex- pected to see the largest construction operations for many years past. General Rains Tradq Boon to All Business in Texas BY JAMES R. RECORD. | Special Dispateh to The Star. . FORT WORTH, December 5.—Gen- to Big Brother, Sister or Dad A BUXTON [ KEY-KASE —a case for keys 30c to $2.50 HIS neat folder spreads out the keys flat and when full is as thin as a pocketbook. Any one would appreciate this clothes- saving, comforta le case for 12 keys that is neat and small. fi you desire we will letter the name and address on the one you choose. | which continued for two days and nights, saved business as well as aid- ed farmers and stockmen. 0il darill- ing, which also had been tied up by the worst drought ever experienced in the state, will be resumed immediate- 1y, Instead prices for crude oil in "the field have had a substantial ef- fect in stabilizing credits. / Jobbers in the southwest are get- ting their share of business and col- ilections are fair. Saving Expense or Saving Expensively? Keeping fimportant documents, contracts, correspondence, in ordinary files that every- one has access to, or that most any fire would destroy is Saving Expensively. A Globe Safe insures security and Saves How many expensive law suits have been lost, how many businesses crippled through inability to produce valuable records or papers—burned or stolen? The Globe Safe bears the Underwriters’ Label and carries the lowest casualty insurance rate. Its fire-resisting, crushing and security qualities have withstood the severest tests. 1t has all the advantages of the “old line” safe with modern conveniences, lighter weight, and easy portability. Globe Safes are made in different sizes and adapted to any business. You will be interested in looking over the line. Call, phone or write for illustrated ING CAS:NKTS, WOOD AND STEEL, 1ES, SECTIONAL BOOKCASES SlobeWerpicke 1218-1220 F St. N.W. !eral rains throughout the southwest.; i November Paper Production in New Eng- land Same as Average in 1918, Around 30 Per Cent Below 1920 Peak—Elsewhere. being pald for in cash in many in- stances and there is more ready money in sight than for some time. The cold spell, which began Saturday night, will be a boon to trade in gen- eral, both wholesale and retail. There is a general opinion among both job- bers and retailers that wholesale prices have reached their minimum. Despite the packing house strike, there is prospect for improvement in the live stock industry in Texas. Wool and mohair producers were heartened by the reduction in freight rates on their products from Fort Worth to Boston. Mercantile fajlures in Texas have decreased since the early part of the year. Actual Figures at Frisco Give Steady Trade Progress BY LYNN C. SIMPSON. Special Dispatch to The Star. SAN FRANCISCO, December 5.— “We are not doing as well as we did a vear ago, but we are doing much better than we were six months ago,” sald one of the officials of a promi- nent bank in reviewing the financial and business situation in this section today. “Actual figures demonstrate the steady progress we are making along the road to good times, but it would be folly to predict anything approaching a boom. Building is in- creasing. The demand for materlals has grown rapidly in the last few weeks, but money seems more in- clined to seek safety in tax-free se- curities than to go into new enter- prises.” Retail trade is good and getting better, but it is largely of a seasonal and holiday sort. ~Exports to the Orient and Great Britain are increas- ing, but this trade is confined to rather few lines. More than 225 ves- sels are engaged in the coast lumber- carrving trade and others are to be added to handle this traflic. Retail dealers are reported by wholesalers as inclined to buy canned g00ds only on a day-to-day basis, but this is due to uncertainty as to the market. Brokers declare there will be a shortage of canned goods next | year. Current orders are | Commodity Reports From Various Sections Lumber. SEATTLE, December 5 (Special).— Hemlock timber from Washington and Oregon, which a few years ago was discarded by lumber manufactur- ers, is being bought in large quanti- ties by Japanese importers, who are using "the material for wooden pav- ing blocks. This use for hemlock is new and the cost to the importer is tar less than for fir. 1IRON MOUNTAIN. Mich., December 5 (Special).—It is predicted that un- lcss prices for forest products in “Washington—The Most Livable City in America” XCLUSIVE LISTINGS in Residences are ‘featured here. “Maximum Serv- ice” guarantees clients a satisfaction that is unique with this Or- ganization. “Exclusiveness” is to be desired in Real Estate as fully as in any other service. CKEEVER «d GOS: [REALTORS | 1405 Eye Street NW. Main 4752 crease this will be the lightest log- gIng season here in many years. timber output will not exceed 50 per cent of last years cut. Wages are $26 a month as against $66 last year, yet mauy smaller logging concerns are planning to suspend. ° | Cottoms. CHICAGO, December 65 (Special).— Overall manufacturers in the middle west are well supplied with orders, they report. and are firm in the be- lief that prices will not recede from present levels. Some plants are be- hind on deliveries and are working full time, Drugs and Chemiecal ST. LOUIS, December 5 (Special).— Trade has improved greatly here in jdrugs and chemicals in the last month and seem to be steadying as prices are revised. Steel. PHILADELPHIA, December § (Spe- cial).—A local firm is advertising a double-edged safety razor blade to fit a well known brand holder at 39 cents a dozen, declaring they are able to offer the goods at that price as they are being made in Germany. KANSAS CITY, December 5 (Spe- cial).—In spite 'of poor trade this fall and winter, manufacturers and wholesalers of millinery’ are work- ing up- considerable business for spring. Sugar. GRAND RAPIDS, Mich., December § (Special).—Nearly half the Michigan sugar beet crop has gone to market in the last two weeks, the movement having been stimulated by the price of $4 a hundred pounds. Coal. PITTSBURGH, December 5 (Spe- cial) —Coal market conditions in the I Pittsburgh_district are anything but roseate. There has been a drop in the tonnage mined in the district, but this has so far failed to stimulate prices. There is only a small demand. Hardware. ST. LOUIS, December 5 (Special).—- Jobbers in hardware in this territory report a tendency toward declining prices. They declare their most sat- isfactory demand is for sporting goods. Fruit. SEATTLE, December 5 (Special).— Shipments of commercial apples from the Wenatchee and Yakima districts for this season to date total 17,495 cars, carrying 756 boxes to the car. November shipments established a new high record, being about 8,000 cars from all the producing Wash- ington districts. | Paintx. CLEVELAND, December 5 (Spe- cial).—The paint industry as a_whole operating at about 65 to 75 per t of normal, according to A. D. e, president of the Glidden Com- He declares indications point and for paint products Jo | pany. 1to a brisk der and a general improvement ‘in most lines of trade early in 192 Bricl PHILADELPHIA, De, cial).—Manufacturers are running brick kilns 75 per cent of cappacity here to be ready to supply orders already placed for spring delivery. | Poorer grades of brick are easier in price, but the better grades are firm. mber 5 (Spe- Clothing. December 5 ‘Special).— The orders to manufacturers for |m(<n's clothing for spring delivery {already exceed the amounts ordered | by the same customers last spring. | Merchants in general in smaller jcities have increased their orders, but merchants in larger centers are ordering less goods than last year in some cases. DETROIT. | Machinery. | SPRINGFIELD. Ohio, December 5 (Special).—The local plant of the In- rnational Harvester Company will | reopen this week, employing about | 700 men. This action has resulted | from increased demand for farm ma- | chinery from dealers. | | Notes. { ST. LOUIS. Dec. 5.—(Special). | Officers of the St. Louis Building | Trades Council have offered to a | cept a reduction of 10 per cent | the wages of men employed in in the | building trades. but this tender was | not accepted by the employers. The | union officers.” however, agreed to { submit the proposal for a 20 per cent | reduction to the union members for Reserve your berth space in through Pullman on The California Limited or The Missionary, or The Scout. never close. Write, phone or call and let me Relp plan your trip. Ask for *'Grand Cenyou Outings” and R. C. Smith, Gen. Agent G. C. Dillard, Dist. Pass Agt. A.T. & 8. F. Ry. 603 Finance Bldg., Philadelphia, Pa. Phone: Locust 6424 80 you can stop at least two days at the Canyon en route to California—or, take The Navajo The trails are open all the year. You will find summer at the river, 6000 feet below. the rim. El Tovar Hotel and Bright Angel Cottages You will enjoy every minute of this detour. Fred Harvey meals all th e way. SELECTED GROUPS LEAD STOCK LIST Traders Do Their Picking and Market Orders Follow. Equipments Firm. BY STUART P. WEST. NEW YORK, December 5.—With professional sentiment still skeptical, the stock market made a remarkable was no. general forward movement, for nowadays it is the fashion for stocks to move by groups. But there were more of these group advances than on any day lately. First, it was the equipment stocks, with American Locomotive going through par in anticipation of higher dividends. Then it was the shipping stocks dis- counting the prospect of & ship sub- sidy. Later it was the motor and tire shares and the high-priced tobaccos, and then it was some of the oil stocks. plainly indicated on top of the sus- tained rise of the last tveek was a ithan the majority of critics have be- lieved. From a technical standpoint, the ab- sence of the public from the specu- lative fleld has been a factor of strength, because there has been no opportunity for the cliques and in- dividual operators who fought stocks last summer and during the early au- tumn to distribute them. But, besides this, the sustaining influence of the current ‘investment demand, even in the speculative list, i8 something which has been persistently under- estimated and then, too, there is the |case in the money’ market allowing speculative interests for the first time in years to get an abundant supply of long-term funds with which to carry ! stocks. Counting on 1022. All these conditions have contrib- uted to prolong the present upward swing beyond the average Wall street | calculations. The market is not fig- uring so much upon the immediate trade news, which is neither better jnor worse than a month ago, but is venturing a forecast of the trade sit- uation next year. New high prices were reached in the United States war bonds, espe- cially in the two victory issues, which {sold above par for the first time, and the 4% per cent bonds of the fourth loan, which touched 98. The general run ‘of bonds was Strong again but still lacked the upward push which was back of their market a week ago. Evidently investment capital, enor- mous as has been its supply, is be- ginning to feel the effects of the great outpour of mnew securities {which has already occurred and which is still in prospect. American Locomotive. Americar Locomotive Sot across par ifor the first time since the early part of 1520. It was the real leader of tie market. The facts regarding the finan- ciai position of this company have often cial pointe out. American Locomotive earned its entire dividend for the year twice over the first six months of 1921. A good season next year will un- | doubtecly mean the raising cof the dend at least to 8 per cent. Ameri- n Loconotive is being handled in pre- icisely the same way that American Car and Foundry has been ard ihe parallel betwcen the two companies is suggested by a reference to the balance sheets. American Locomotive at the close of June 1921, had $39,355,000 working capi- tal, as against $13,527.000 in_ 1914, Quick assets increased from $1,672,000 to $33,273,000 in the same period. Pittsburgh Coal. Coal Company was not one of these mentioned as” being about to form a gigantic combination, the shares of the company got close to their high for the vear today. Pittsburgh Coal has always been one of the companies which showed exceedingly good profits, but there have been those who believed that the end of the contract with the Steel Corpora- tion was a bearish rather than a bullish factor. Despite this bearish feeling the stock has moved steadily forward. The latest explanation is that the directors may increase the dividend on the com- ! mon stock. Heretofore the common has paid 5 per cent, the dividend de- clared at the start of the year for the entire period. BERLIN CURRENCY GROWS. ! BERLIN, December 5.—The German icurrency output during the last week n November, as shown by figures available today, increased 4,750.000,000 marks. We Buy and Sell High-Class Houses Apartments and Business Properties What Have You to Sell? Real Estate Lanham & Hill Insurance 1400 H Main 366 display of vitality again today. Therel What these numerous upward turns market position a good deal stronger | Despite the fact that the Pittsburgh | BOND AND CURB Bonds. (Furnished by Redmond & Co.) U. §. LIBERTY BONDS. u. 8. [ % Atlantic Lobos [ Big Ledge . [ Boone Ol . . 8. Liberty 4th 4 Boston and " Montana " B. Victory 8% Boston and Wyoming Vietory 3%s. . OTHER BONDS. French *Goverument 85 1943, French Government 7ts 194l Government of Switzerland &s. Kingdom of Belgium 734w United Kingdom bles 1922. United Kingdom 5igs 1929 United Kingdom 544 1637 American Tel, and Tel. Armour & Co. 418, | Atchison, Topeka | Atlantie ' Coast Line 7 Atiantic Refining Co. 6%s 1931 Atlas Powder Co. Ti4n 1036, Baitimore and Oblo conv. 4% |u«mmm nd Ollo ds. Baltimore and Ohio S. ; Bethlehem Steel refd. Burlington (N. P. G. nadian Nt Ca ¢ Chesapeake and Ohio gen. 4%s. Chesapeake and Ohio conv. nd Bt. Paul refd. 4% nd Bt. Paul cony. DuPont 7%s 1931 } Erle general lien i General Electric s, 5 Goodyear Tire and Rubber Co. 8 1941... Grand Trunk 7s ret.. Great Northern Illinois Central 5%s.. International Mercantile ‘Marine 5. ... Iuter. Rapid Transit Ist and ref. 5s.. Louisville and Nashville 7s, 1930...... Missouri, Kansas and Texas 1st 4x. . | Missouri’ Pacitic general 4 | New York Central 7s, 1030, New York Central del. Gs w York Telephone bs. rfolk und Western con Norfolk and Western con Pacific 45 . ard Motor Car Co. & Peunsylvania 5s, 1968 Peansylvania R.'R. 61 Pennnyl Ta of 1930. Pennsylvania gen. mortgage 4%s Reading general 43 St. Louis and Sun Fi St. Louis aud st. Seab Seaboard Air Line refdg. Seaboard “Air Line ad Sincluir Cons. Oil Corp. Southern Pacific lst re Boutiiern Pacific conv Southern Railway gen. 4 Railway 5s. S, Rubber 7 S Realty 55, United States Steel 5. Vacuum 0il . 78, 193 Virginia-Carolina_ Cheui Western Union 64s, Wilson & Co. 1st SHORT-TERM SECURITIES. (Furnished by Redmond & Co.) American . 8 American T L6 American 'l ‘o, B8 American Co. Ts ‘American Co. 7w Anaconda Copper 6 1929, Anglo-American_0il Armour & Co. 73 1930, Bethlehem Steel 7y 192 Bethlehem Steel 7s 19: Bethlehem Steel s Copper Copper Copper Export Export * . J. Heinz Ts 1930. | Hocking Valley 6s 1 Humble Ol 7s 1923. Kennecott Copper 7s 1980. Liggett & Myers 6s 19: Procter & Gamble 7s 1 Procter & Gamble 7s 1923 R. J. Reynolds 6s 192 rs, Roebuck & Co. Southern Railway 6s 1922 Soutjiwestern _Bell 101 swith & Co. 7s 1 100% Swift & ¢ 102 % Texas Co. 1 101 I Union Tank Car 4% 104 Western Electric 100 10s% Westinghouse E. 10510 1035 1055 U. S. TREASURY CERTIFICATES. ~——Noon. Rate—Maturity. 1is March ~ March 15, April 1, 19 s June 13, 1922 < August 1, 1 s September » September % June 15, 19: | BUYING INCREASES. Wholesale buying more active than even last year is shown in the report I by the Credit Clearing House. For the edvanced 1.1 per cent over last week i year, but 1.3 per cent under two years ago. Indebtedness declined 2.1 per cent from last week and was 4 per cent under last v Payment activity declined 2.8 per cent from a week per cent under last ent under two < except the per sectio uth E agricultural | showed an increase in buying last week. —_— RECEIVER FOR REMINGTON. Remington Phonograph and Olym- plc Disc Record yesterday were thrown into receivership upon the complaint of James S. Holmes, vice- president and a director in both corp- orations. Louis Jersawit was appiont- ed receiver in both cases under bond of $10,000. The liabilities of the phon- ograph company are allexed to be $22,600 and the assets $100.000, and the liabilities of the record company are estimated at $33,000 and the as- sets at $60,000. PILL Sick Stomach is bad enough, but its meaning is even worse. Usually it is a sign of constipation—a disordered liver, deranged bowel function— interference with elimination of waste. Medicine that merely settles the stomach often fails to reach thereal cause of the trouble. to clean house and restore efficient action to all organs concerned in the elimination of waste. Sold Everywhere 10c—12 Pills 25¢—40 Pills 50c—90 Pills Eia | for last week on merchandising activities !country as a whole, wholesale buying | jand was 1.5 per cent heavier than last | MARKETS. Curb. Caledonia California Crushed ¥ruit. Calumet and Jerome Carib Syndicat Car Light and Po Cities Rervice (new) Cities Service (old) Cities Service pfd Commonweulth Finane Consolidated Copper Continental Motors . Creason Davis-Dai Dominion_0ii Durant Motors Elk Rasin . : Engineers’ Petroleum ... lette Safety liland Oil illespie : Intercontinental Rubber . 2 International Petroleum (new) . Jerome Verd : Kay County Gay .. Lake Torpedo - Lincoln Motors " Lone Star Gax Magma Copper Maracaibn Oil Mason vl Merrit 0il Midwest 0i1” com Midwent Oil prd Midwest Refining Mountain Producers’ Nevada Ophir New Corneilu Nipissing Mines ¢ North Amer. . and . rtiwestern Ol ar Oil (new) Pennok 0il Perfection T Producers’ and Rtadio com, Radio pfa. s Hercules” .3 Resnolds Rxa Conxolidat, t Creck Produ ult Creek (new) . Kapulpa com i Petrol 1y 0il ug. 0. of America 3 ational . Tonopah Divide . Tonopal Uunited Eastern .. S . Light and Heaf com. ... . . Light and Heat pfd United Profit Shariug. ... S. Ship Corporation . teamship tuil Candy. yne Conl .. West End Cons. Wright Aero CHICA Armour Armour Armour pfd. Cudaby ¥ Libby Cnion Carbide .70 OIL STOCKS. n Oil Co. (new).. Ilinois Pi Indiana o Line Col. .10 National Transit Co...... New York Transportation Co Northern Pipe Line Co.. Onio 0il Co... . ¥ | Prairie Pipe Line Co.. Refining ( m Pipe Lin enn. O ext. Penn. rd Oil Co tandard 01l Co. tandard Oil Co. ndurd_Oil Co. Fineh Co. T Washingtou Oil £ —_———— FINANCE AND TRADE NOTES. Entrances and clearances of vessels at the port of Baltimore engaged in | foreign trade for November totaled 85. of a zistered tonnage of number 41 entered, 4 cleared, of a Baltimore imports for last week was a varied on pments canned good totaled 27,000 caes, and woodpulp, 450.000 gallon and 3,000 tons of salt. More than 2 bags of muriate of potash reached port. It is stated that Mexican Pete new wells and current shipments are affording an annual rate of $35 share The largest rporation in the world is in_proc of organization in Boston. The capital will be more t 000 00, consisting of 100, 000,000 shaves cach of common aud preferred stocks having a par v of $10 per share. lue Two new wells with a combined flow of 28,000 barrels daily have been brought in by Mexican Eagle Oil, The first, with an estimated flow of 20.000 barrels, was completed in the Ha- cienda San Geronimo tract and the other, producing_ 8,000 barrels dail is in the Cierro Viejo district. COM. ELDRIDGE DIES. Ohioan Was Graduated From An- napolis Academy in 1875. HARTFORD, December dore Frank Harold Eldridge, | retired, died suddenly in Nice, —Commo- U. S N France, ) brobably Saturday, according to cable message receive terday from Mrs. Eldridge to Mrs. T. Belknap R h. Commodore and Mrs. Eldridge recently went abroad to spend the winter along the Riviera. was a nat n July 14. 18 from Annaporli service in the i Commodore Eldrid 1ot Columbus, Ohio, b jand was graduated in 1875, After active war with Spain he was head of the | department of steam engineering in | the Naval Academy from 1300 to 190 {He was retired in 1909. During th recent war he was in active servic until September, 1919. ASSOCIATION l l l on shares maturing in 45 or 83 months. It Pays 4 Per Cent on shares withdrawn be- fore maturity Assets More Than $7,000,000 Surplus Nearing $800,000 | Corner 11th and E Sts. N.W. | JAMES BERRY, JOSHUA W. of | 0 large that earnings for second half of 19 may exceed those of the first instead of falling below them. | TRIPLE FINANCING MAY BE IN ORDER Bankers’ Views on Treasury Operations December 15. Local Stocks Strong. BY L A. FLEMIN! Bankers are beginning to discuss the probable character of financing that the Treasury Department will under- take on the 15th inst. While there is a fairly large balance of cash to the credit of the Treasury in the national banks, it wHl not be sufficient for the needs of the Treas- ury over the midmonth period. The latest financing, certificate 4 and 4% per cent, probably repre the lowest rate that any large amount of certificates may be successfully marketed, nor do bankers look for any attempt on the part of the Treasury sccure funds at lower figu A large amount of money that has heretofore found employment and safe- ty in Treasury certificates for months has been transferred to other forms of investment, generally into public util- ity and corporate bonds, at rates nat- urally out of all proportion 1o the re- turns on government securitie It is thought by bankers that a triple financing movement be short-term e tes, ritficates and p the to some nay one-year usual quarterly issue of ear notes, the money market having r 1 sufficient stability to war- rant more permanent financing. Taking the list of outstanding bonds of the United States government, th only issue n par is the victol notes, paying 4% per cent, and they clo: Saturday just 2 cents under par. the short-term Treakury certificates are quoted at par or bet- ter, and also the thre A banker speculatin able rate of interest of government fir ear notes. on the prob- December named 14 per {cent as the rate for th |short-term ¢ 43, for the one-vear certific; i1 or 4% per nt for th ear notes. Reception to Bankers. The District Bankers' Association will give a yeception to officers of th American Bankers' Association and { to the personnel of the administrati | committee of the A. B. A. at the | Racquet Club, on Tucxday evening of next week, December 1 Many of the leading business men tof the capital have been invited by the bankers to meet the A. B. A. otfi- cials, G. 0. Walson to Address Chapter. Tomorrow evening at the regular jmeeting of the Washington Chapter, {American Institute of Banking, George O. Walson will lecture on “Duties of a Paying Teller.” One of the chief cuties of the average paying teller these duys is to pick out the raised ones and twos. There is tday zoes by that raise stopped on their rounds by the watch- { ful tellers. also counterf. aithough the latter are not nearly as numerous carcely a bills are not us the former F. G. Addison, jr., will conduct the quiz on “interest and Ownership Cer- tificates.” Opening Reception. Bank, MeKinley strect, ¥ Chase, will hold a re- ! ception a formally open its insti- jtution this evening from 8 to 10 o'clock. The people of the delightful suburb have a pride in their new home ven- ture and the outlook for its future is encouraging. i Local Securities Strong. | While trading was not active on the local stock exchange, there was a decidedly strong under- current in the market that presages well for the future of local Securi- tics. The bid and asked quotations in- dicate strength, being farther apart than usuai, in that small fractions did ROt prevent t but large frac- tions and point In the case = was bid and 1041 asked; all the pub- | lic_utility Is Washington Gas brought 4 tal Traction share 631 Poto !litilé Mergenthaler brought Capi- v 45, and a ; ex- nd there were listed as well 10,000 | dividend. S > Dars of unrefined copper, 250,000{ A sale of Continental Trust stock barrels of crude oil, 29.000 bales of | Was made at $93;, not of large of molasses | amount, but at a large advance over i the last previous sale. No decision has been made by the jgovernment, as yet. regarding the re- jfurn of property held by the cus- .| todian of alien property may be ore the matter is dis- ongress, where four or ifive bills intended to govern this mat- ter are quietly r ing in the House ommittee on interstate and forcign ommerce, I These a { conside !ley. | {UNEMPLOYED MEN PLAN TO PICKET WHITE HOUSE { some months b posed of by « > not likely to he given any ation during the arms par- | Editor of Hobo News to Head Dem- onstration® Which Also Will Include U. S. Capitol. DETROIT, Mich., December 5— jOrzanization of a national committee of {unemploved that will meet in Washing- {1on within the next three days to picket | the Wh House and Natio in an effort to obtain out of work was comple sing session of a conference employed. i Member of un- of the committee, who will I be headed by Robert Irwin of St. Loui: ditor of the Hobo Ne nd Char Cruse of New York city, president of the Brothernood Welfare Ass were ructed by the conference “to travel - ride the rods to the also were in- wmers they will appeals for id for unemployed, pen- sions for aged working men and women, a reduction in freight rate and 1 on= { alization of some basic industry, with consequent apportionment of work. | The committee authorized to con- | fer with labor repres vex in Wash- {ington and to enlist the services of men Iand women in taat city for picket duty. 22 GOVERNORS COMING TO VISIT PRESIDENT e meml > upon b Washiugton structed to p disy governmental Will Be Entertained at White House After Conference at Charleston, S. C. By the Associated Pres. CHARLESTON, Gov. R A. Coo, C., December bo— of Souith Carelina | welcomed ‘the visiting governors aud their partics #t the opening meet- ing of the 13th annual =overnors’ confetence being held herc. and which will adjourn Weslnesday after- noon, when the visitors go to Washington to be entertained at the White House Thursday. Twenty-two governors unnounced their intention of attending the con~ ference at Charleston, but not all arrived in_ time for the opening program. However, most of those planning to attend were expected by tonight, when the first business ses- sion will be held. The state of South Carolina is host foday, the city of Charleston tomorrow and. the Charleston Chamber of Commerce Wednesday. . The opening session was. held at the old Exchange and Custom House, bullt 150 years ago, aml of historie note. This afternoon the governors were to be entertainéd aboard the U. S. 8. Rochester. Rear Admiral A. H. Robertson's flagship, Auantis destroyer force. o