Evening Star Newspaper, December 22, 1921, Page 28

Lo | $700 & 3890 SHOES wovom s $1000 s, $500 W.L.DOUGLAS PRODUCT IS GUARANTEED BY MORE THAN FORTY YEARS EXPERIENCE IN MAKING FINE SHOES WL.Douglasshoesaremadeof the bestand finest selected leathersthe market affords.We emEon | the highest paid,skilled shoemakers, all working with an honest determination to make the best shoes for the price that money can buy. When you need shoes look for a W.L. Douglas store.We own 107 stores located inthe principal cities.You will find in our stores many kinds and styles of high-class, fine shoes that we believe are better.shoe values for the money than you canbuy elsewhere.Our $7.00 and $8.00 shoes are exceptionally good values. There is one point we wish to impress upon you that is worth dollars for you to remember. W. L. Douglas shoes are put into all of our stores at factory cost. We do not make one cent of profit until the shoes are sold to you. When you buy shoes at any one of our stores you pay only one small retail profit. No matter where you live, shoe dealers can supply youwith WL.Douglasshoes. They cost no morein San Francisco thanthey doinNew York.Insist upon having W.L.Douglas shoes with the name and retail price stamped on the sole. Do not take a substitute and pay one or two extra profits. Order direct from the factory and save money. in the world. possible cost. Catalog Free. President g 5 *W. L Dougias Shoe Co., - 210 Spark S, Brockton, Mass, 'W. L. DOUGLAS STORES IN WASHINGTON: MEN"S == STORE MEN’S AND ‘WOMEN’S STORE 905 Pennsyivania Avenue, N.W. | W. L. Douglas name and portrait is the best known shoe Trade Mark It stands for the highest standard of quality at the lowest 11327 F St,N.W & OPEN SATURDAY EVENINGS™ Seventh and Eye Streets Seventh and Eye Streets House & Herrmann Last-Minute Suggestions ] 'You don’t need to deliberate on the advisability and accepta- bility of something for the home. That you know will be «acceptable. And you don’t have to query either the House & Herrmann quality or price—both are guaranteed. We will make delivery up to Christmas Eve of any selection. - (PSR ‘ Child’s Rocker (Exactly as Illustrated) Q mfortable Rocker actly as Tlustrated) Windsor Chair (Exactly as Illustrated) A most useful adjunct to the Made of Oak, in the attractive Fumed finish: with comfortable Co! - i 2 zly made, an 166 Resarone TTaceiinvite to, M fntase o ahtis. 15 onew ofa| Slatgsent; istionely, madc,fand perfect comfort. Mahogany | these Windsor Chairs—decora~ | while it's a miniature size, finish, fancy slat back, spring tive in appearance suitable for the seai uphoistery and practical in kiddies —its a covered with neatly 85 gty Bl $ 8 - tasa $ 49 figured tapestr: = finish; practica o strongly made rocker .. strong comstruction Why not one of these stately Hall Clocks that will become a family heirloom? They are real clocks —excellen t timek ee p - ers; fitted withhigh - class mo v e ments that strike the divisions ot t hours de & swee tomne chimes, and deco- rated dials. Tho cases are mahogan y . of splen- did con- structio n and finish. h o P t 2. 50 Boudoir Desks (Exactly as Illustrated) Oak construction, with ef- fective natural grain, and well made throughout. Has con- venient pigeonholes for sta- tionery and roomy drawer and shelf A we' tion o™ Y boudoir . Dolly Madison des: Mahogany. Fitted with a re- movable tray for the spools, etc, and a compartment be- neath for the work. One of the most popular 517.65 and convenient of the various models .......... There’s Time to Put a Grafonola in Your Home for Xmas Of all Talking Machines let it be a Grafonola—for they have the latest improvements, the purest tone, the most accurate time— and will give the maximum of satisfactien. Xmas Club Terms Are Very Convenient $5 Down $5 per Month Choice of any model—from $30 up Two Specials At Special Prices Type E-2 is fitted with the auto- matic non-set stop device. Type F-2 has the device, and also the automatic record ejector. Both exclusive features in.Grafonolas. Type F-2 Was $140; Now ‘i'ype E-2 Was $125; Now $100 R p— All types are sold with one-year guarantee and House & Herrmann service. 585. HEl SOME INCREASES REPORTED IN ~ SEASONAL LINES IN CLEVELAND Closing of Rail Shops Beclouds Yuletide : Spirit, However—Steel Trade Halts. Conditions Elsewhere . BY GUY T. ROCKWELL. Speclal Dispateh to The Star. CLEVELAND, December 22.—Manu- facturing as a whole in this territory has shown littie change in the last two weeks. Increases are reported in seasonal lines, but the steel trade Is experiencing year-end dullness. Tex- tiles have slowed up, with the excep- tion of men's clothing, which has. been sustained by the demand for suits and overcoats, knit goods, underwear and caps. — The New York Central repair shops at Collinwood have beensclosed in- definitely, throwing 600 employes out of work. The Erie road has closed its shops here as well as those at Galion and Meadville. These shops may be reopened anuary 2, however, accord- ing to an announcement by officials of the road. Traffic on the Erie in this section is 33 per cent under normal. A second drop in milk vprices since June became effective today, when customers of the leading distributor received milk at 12 cents a quart, or cents a pint, a reduction of 1 cent in each case. Cream has fallen to 68 cents a quart. The farmer is getting 6 cents a quart for milk. Improvement Keeping l!q Despite Adverse Conditions BY DICK SMITH. ial Dispatch to The Star. KANSAS CITY, Mo, December —The general improvement the tone of business in the south- west continues despite adverse condi- tions. Liquidation of loans still is slow and the need of funds among the tarmers strong as the prices of many agricultural products ars so low as to yield almost no profit to the producers. Bankers attribute the growth of gencral copfidence to thg fact that this territory at last has set about solving its economic problems in a practical way. 3 Reports of ‘the banks indicate that the retai] Christmas trade has been| better even than the retailers admit.} The bankers attribute this to the fact that the merchants of this section seem unablo to _forget the profit- ble years after the war and are prone to-make all comparisons with these abnormal years as a basis. The Missouri Pacific railroad will close its shops here, at Sedalia, Mo.: De Soto, Mo.: Hoisington, Kan., and Little Rorek, Ark., Saturday for an In-! definite period. Falling off in busin: is said to have caused this action About 2,500 men will be affected. Toy: apparently have not been afferted by the inclination of the public to buy| useful Christmas gifts. The larges’ top distributor in the southwest repcrted today that sales exceeded those of last year. Stocks Well Cleaned Up in Seattle’s Trade Area BY PAUL C. HEDRICK. pecinl Dispateh to The Star. SEATTLE, December 22.—A\ can- s of the department stores today revealed the fact that, while the hol- iday trade has not been above nor- mal, it has been far better than was expected by the merchants. Stocks, the dealers say, are well cleaned up and both retailers and wholesalers are figuring out their requirements for the coming year. Bank clearings for the vear will be approximately a billion and a half dollars, compared to $790,000.000 in 1916. Heavy accumulations of news- print paper at the paper mills and warehouses in the northwest, which caused a stagnatiop in the paper trade last summer, have been nearly wiped | out and orders for spring delivery promise to give new life to the paper ndustry. Oregon and Washington paper mills are running at full ca- Spe in | i v pacity, while importations of Swedish newsprint have ceased The outpnt the Washington coal mines. which were held baci iar a part of the vear by a strike. now has increased to 80 per cent of capacity. The majority of the minés are run- ning on the open-shop basis, with a total force of 1,500, as compared with a normal pay roll of 2100 workers. All the workers in the open-shop mines are Americans and 90 per cent SURANCE ALL LINES GEO. W. LINKINS 1719 K Street 10th and H Streets N.W. Also Second Floor to be Arranged to Suit Tenant For full particulars apply to Thomas J. Fisher and Co., Inc. 738 Fifteenth Street N.W «Washington—The Most Livable City~in America” HE SUCCESSFUL ISSUE OF A REAL ESTATE transaction depends solely on the well formed plans and the .information on which the deal is made. “Maximum Service” provides the most de- pendable information obtainable. This organ- ization is an “encyclo= pedia” for facts based on the most authentic infor- mation obtainable. MCKEEVER'“GOSS 1405 Eye StrectNW. are married. Before the strike the majority were foreigners. Commodity Reports ‘From Various Sections Conl. PHILADELPHIA, December 22 (Sp cfal). —There are huge stocks of an- thracite coal unmarketed in Pennsyl- vanla and the hard coal regions ars curtailing operations. This move is regarded also as one of policy on the part of the operators in preparation for negotiating a new wage scale in April, 192 HALIFA. . December 22 (Spe- cial).—Hope is still entertained that some settlement will be reached be- tween the miners and the British Em- pire Steel Corporation on wages for next year. The company has an- nounced a cut of 10 per cent, to take effect January 1. Paper. NEW YORK, December 22 (Special). —The final meeting in attempt t reach an agreement for a wage scale for the 12,000 workers of the large pa- per manufacturers of this country and Canada will be held January 4. The makers ask a reduction of 25 per cent. CHICAGO, December 22 (Sp Prices for paper have decreas the demand is large for coarse paper. The finer grades of writing paper are s have not yet reached s, but the Wisconsin mills are running full time. Hoslery. , December 22 (Spe- The demand for silk hosicr ally the higher-priced grades, has diminished to such an extent that dealers are cutting prices freely in order to move stocks, but even at rc- duced prices the volume of business is small. Flour. DETROIT, December 22 (Special). —Flour ices here are the lowest since 19 Spring wheat_ patents are selling on a basis of $7.50 a bar- rel in car lots and soft winter wheat flour is bringing only $7. The de- mand is light. Groceries. PHILADELPHIA, December (Special).—The report of one of tl companies operating chain grocery stores in this vicinity shows that in eleven months its sales aggregate. $78,728,721, a decrcase of $17,201.12 in comparison with the corresponding | period of 1920. The volume of sales, however, ran considerably ahead of those of 1920 and it is believed the net profits this year will exceed those of last year. Furs. _MINNEAPOLIS, December 22 (Spe- cial).—Fur trappers of the Missis- sippi_valley between Winona, Minn., and Lansing, lowa, report excell catches and it is estimated the s son's fur yield will exceed a million dollars in” value. Better prices are being paid than last year to trappers. Poultry. NEW YOREK, December 22 (Spe- cial).—Prices for turkeys have fallen slightly and it is probable that the Christmas birds will cost from four to six cents a pound 1 Thanksgiving turkey. quality of the birds is better than it was a month ago. Razors. , December 22 (Special).— The Gillette Safety Razor Company r ports that 1921 has been the most it succesaful year in its history. The profits. it ‘is said, will run about $7.000.000, compared with $6,800,000 in 1920. 'Sales of blades will exceed twenty million, a million more than last year. Glass, PITTSBURGH, December 22 (Spe- cial).—Factory operations in the glass industry are about the same as two months ago. Inventory taking is re- tarding the movement somewhat. In many instances orders were placed for shipment after January 1. Riee. NEW ORLEANS, December 22 (Sp clal).—The shortage in the Japan rice crop has proved a boon to Louisiana planters. The price of rough rice in the hands of farmers has risen over a dollar a barrel and clean rice has advanced nearly a cent a pound. Eggs. ST. PAUL. December 22 (Special).— The unusually large shipments of eggS to this market have tended to reduce prices and first-grade eggs are now selling at from 65 to 75 cents a dozen. Leather. CHICAGO, December 22 (Special).— The leather market is quiet here, but production is keeping up and tan- neries are jncreasing their forces, There have been no price changes of moment. CHICAGO, December 22 (Special). —Real estate men are being warned by their state and national organi- zations against trying to increase their rents in the spring. Many prominent real estate men believe any such_action would be followed by a reaction which would have a de- cidedly depressing effect on thetr husiness. ED. MATTERN Distributer - 622 F N.W., ILIBERTY ISSUES than the | The average |sales sheet for the first time in many THE ' EVENING STAR, WASHINGTON, D. C, THURSDAY, DECEMBER 22, 1921. W.L.DOUGLAS Bonds. (Furnished by Rednond & Co.) U. 8. LIBERTY BONDS. . Liberty 3 ] Liberty 1s Liberty 2d 4s Liberty 1st 47 Liberty 24 41,x. Liberty 30 4iu. DONOT HOLD GAIN': Charge Loss to Bonus Pros- '.L ;3; ?"wi ;;;;: Noon. s N 110y 1045 OTHER BONDS. French Government ¥ 1945 French rameid 7hs 19 Government of Switzerland »s. Kingdom of Beigtum Uuited Kingdom United Kingdom United Kingdom American Tel. Armour & Co. Atchison, Topeka s Atlantic’ Const L Atlantic Refining Co. 6 Atlas Powder Co. Baltimore and Ohio Buiti Baltimore Bethichem Steel pects — Business Good. Local Bonds Higher. BY L A. FLEMING. Liberty bonds and victory notes have turned the other way since the report became current that Secretary Mellon would give his approval to a sales tax in order to furnish the need- ed cash for a soldiers’ bonus. The tax free 3%s have declined $3.26 on the $100 bond since the third of the present month and the 43 liberty bonds are off §1.74—that is, up to the clage of business yesterday. If there and’ Centrai Leat is a bonus measure investment bank- | Central Pacib i ers say that there will be further de- | (! e and Ohio clines in liberties. Elang Otioicony Secretary Mellon was understood to | be unalterably opposed to the bowus | proposition. ‘Washington looks for an annuallc saving, as a result of the naval holi- ! day, of $400,000,000 to $600,000,000 an- nually, after three years, while fur- ther economies are promised. i Connecticut Avenue Savings Bank. | It develops that James T. Loyd, a' former member of the House of Rep- G resentatives from Missouri, will be- [ Hiinois “comie the president of the Connecticut { Iuternat Avenue Savings Bank, capital, $200,- | Ioter Bapil 1 000, which will be located permanent- { ygiisilie aid Susiis ly in a building to be erected at 1107 { Misiouri I st il Connecticut ew ames Lew gani N is secretary. , tr r _ Paui_conv. 4 rUiwestern Rock Island and P; tric 6 Tire and Kubin'r Co. ! Norfoik and W and Chatham M. Yorfolk and W the entire purch: for the w cember show a decrea «d with the previous week in pu es of 2 per cent, with an incre; in indcbtedness, but much less than the indebtedness accumulated a year ago. In the middle west agricultural s tion the reports indicate that m chandise activities have not fair arted as yet, but elsewhere there is a decided increase in the buy by merchants indicating that there stocks are being reduced. This comparison is with the buyers’ strike of 1920. Purchasing is not as liberal as in 1919.= Payvments arc slightly more than last week and slightly less than last year. Payments ir._the southern district are less than in any comparison fo two vears, indebtedness a little and purcl s less than he public is buying a astern section. Taking 1stref American Pernonal Mention. American -, auditor of the Na- | {merican Metropolitan Bank, is taking | Amerinn a much-necded vacation. aual Chrixtmas Bonus. The National Metropolitan Bank repeating its usual Christmas bonus to employes th ear. First Dividend. Directors of the Mount Vernon S ings Bank have declared their initial | dividend of 1 per cent, payable De cember 31, to shareholders of record De ber 23. Stronger Tone in Locals. ""’“} securities were somewhat strongér on today's session of th stock exchange with a fair degree of activity and new high prices of Po- tomac 7 {011 & general Gs 983 to 93 Firemen' “opper Export B {Cudaly Packing Co octer & . 3. Rexno S . Potomae were decidedly strong at Insurance showed on the | Sew outl wift & Co. wift & Co. months, the price of the sales L eing | 3 s to 18. Saai] s U 3 rexas Co. 78 19 apital Traction stock was strong | {nwm Teak C at 94. Lanston sold at 713. & | Womtern. Blect Call money was offered at G per | Westinghouse cent, 5 bid. EASURY CERTIFICATES, ——Noon. Bid_ om 1003, PARIS BANK STATEMENT. | PARIS, December 22—The weekly statement of the Bank of France | the following chang hand increased 42 in Mand increased * 100 31 NS TIB i,s Mareh 15, 3, March 15, 1, i 0 franes. | 134.000 Notes in circulation decreased 180,- 917,000 francs. Treasury deposits decreased 000 francs. General deposits increased 1. 006 francs. Bills discounted decreased 102 000 francs. Advances increased 393,000 francs. Advances to the state remained un- changed at 24,500,000,000 francs. J A —— NEW YEAR PROMISING. SEATTLE, December 22.—The new year is promising for the fir lumber industry, according to marked devel- opments in the last six months. Stocks are low, logs are high and an outlet | for common lumber, which constitutes 70 per cent of the average annual cut, has been found on the Atlantic s board and in Japan. As soon as lumber terminal fac 869 ,354,- NEW YCRK, December bined propaganda on the part of shirt and collar makers and a leading manufacturer of machinery desi: arched coi- to be bLearing excellent re shirt manufacturcr who has r passive in the controversy raging over the resp: e merits of the starched cufis reports that a recent large order f retailer who does {a tremendous {shirts portion of for the last four or fi ults. ties are established on the Atlantic | seaboard lumbermen expect; beg ning in January, to ship 25,000,000 ! feet per month by water, increacing | KOREA YIELDS FOR TRADE. this to0 50,000.000 feet, so that the total | PHILADELPHIA, December Dy the end of 1922 will be at the rate | syor twenty centuries of isolation of a billion feet per year. { Korea vielded to the solicitation of the United States and signed a treaty | BROKERS T0O CELEBRATE. for the promotion of trade, according | NEW YORK. December 22.—The {to Dr. Fhilip Jaison editor 0f the no- | Christmas celebration by the Consoli- [ rean Review. who addressed the Ki- dated Stock Exchange will be heldlwauis Club here The United Stat tomorrow afterncon. The celebra- | formerly had extensive busin i tion by the New York Curb Market | terests in Korca, but now there s but | Exchange will begin_at 11 o'clock |one struggung gold mine and a dealer Saturday morning. Members have | in second-hand automobiles in which subscribed _several thousand dollars | Americans are concerned. for the affair and presents will be distributed to 1,200 children. Profes- slonal talent has been engaged for ORE SHIPMENTS SLUMP. both celebrations. The stock ex-| CLEVELAND, December 22.—Ship- change will omit its customary cele- bration owing to construction work on its building. PAINT CAMPAIGN FOR 1922. NEW YORK. December paint industry has announced its tention of making 1932 the greatest paint and varnish year ever known. and, while it is watching the present vear draw to a close with no feeling of regret, 1921 has not been a bad | WOI:.KFOEE JOBLESS. one with the industry. Because of|{ LAWRENCE, Kan. December the Jarge amount of new coustruction | —Kansas municipalities appear to bo work, winter consumption of paints | 3 P dopte v the promises to be better than normal, | CSrTYing eut plans adonted by th Ruilding permits iscued last month in | League of Municipalities, that 107 of the largest cities of the coun-{go ahead with® municipal construc- try amounted to $131,241,25 tion werk and improvemenis to the pared with $61,169,161 for the same {extent of their financial ability as cities In November, 1920, a means of meeting the unemploy- 5 ment problem. The improvements HOLIDAY TRADE INDICATOR. will total hundreds of thousands of NEW YORK, December 22—Christ- dollars and will be made in towns ranging in size from Sublette to Kan- mas trade indicates as well as any- thing possibly can what the spring sas City, Kan season will be next year, is the opin- ion of a trade leader. The purchasing SALMON PACK 4,500,000 CASES. now in progress is of the sort that| SEATTLE, December 22.—The sea- gives wnfi‘flen“ for the ;uh:ire. Al-) son’s salmon pack for the Pacific though prices may not be down to including Siberia, will be 4,- o 9 # coast, including Ly - the level of 1914, the Sentiment! 00,000 cases, it is estimated, or 50 prevailing is that the public ey o0 is S - per cent of the 1919 pack and 70 per el At s o e oo aneO Tl | Cent of the 1970 pack. Prices are Prices at the present time dre not O% {lower, with opening figures for reds Iy A e 255, compared with $3.25 for 1919 ments of iron ore trom Lake Superior | district to south shore of Lake Eric year. The ore season clos sSon's cargoes amounting tons, a_decrease of 36, first time in_many ¥ ore are less than of ‘soft coal, wh year amounted to abeut 22,400,000 tons. | the fact that manufacturers and |at $2.25, P wit 0 Wholesalers are anxious to liquidate|and 1920. For pinks this, .lrfl(h | their stocks for cash and take their |Price is $1.15. éa:hl year it was i Chums are $1 Stocks of all grades on the coast are low. —_— LONDON BANK STATEMENT. LONDON, December 32.—The week- 1y statement of the Bank of England shows the following changes: Total ! reserve decreased £1,943,000; circula- | tion increased £1,937,000; bullion de- creased £6,127; other sccurities in- creased £4,517.000: other deposits de- creased £16,663,000; public deposits Josses, if -@f¥, at this time. This liquidation is giving the consumer the opportunity to procure merchan- dise at what might be said attractive prices. PORTABLE HOUSES FOR PERU. SEATTLE, December 22.—As a re- gult of the exhibit of this city at the Peruvian exposition, at Lima, and its model knock-down houses, the Peru- ‘ | Wasl. | Wash. | commerce and N { Union vian government is about to remove the import duty of 60 per cent, and orders for 4,000 of these houses, built in the west coast territory, will be placed in the eoming vear, according to the Peruvian consul at Seattle, whko represented the Seattle Chamber of Commerce at the exposition. increased £258,000; notes reserve de- creased £1,937.000; government secu- rities decreased £18,975,000. The pro- portion of the bank's reserve to lia- Dility this week is 14.61 per cent; last week it was 14. The discount rate is 5 per cent. BOND AND CURB MARKETS. ! Curb. (Furnished Ly W. B. Hibbs & C < Oil... and A roia Cr Calumet and J on ant Motos rrit Oil dwest OF St d Reianil © Cusl .. S Conls UIL STOCKS. 01 Co. (new) Moty Bid and Asked Prices. PUBLIC UTILITY i Poiomac Voto Power ¢ Pow. g m . and Mr. ast Wasi Wash Wik ) (short) . Market & ST OCKS. C_UTILITT Noifoik Rwy. Commercial Disirict - Liberty Lincoln National 165 Wasbington - TRUST COMP2 American_ Security and Trust ental National Savigs and Union_Trust Wi SAVINGS BA: East Washiugion . Merchants® Coe Security Savings and Com. Seventis Streel Savings V. 5. Savings Washis American Arimgton Corcoruy MISCELLANEOUS. Cotumbia Graphophone 5 Columbin_Graphophon D. C. Paper Mfg. Co.... Merchants' Transter ad Storage Mergenthaler Linotype . o] 0id "Dutch Market com. 0ld Duteh Market pfd. Tanston Monot¥pe Stora hington Marke *Ex-divide N. 0. IMPORTS INCREASE. NEW ORLEANS, La., Deccmber —fmports at New Orleans for th month of November increased moru than $1.200,000, compared to the pre- vious month, ures given o th ceording to official fiz~ t here. For November ¢ were $6,788,624, against $5,45 in October. It was said the No- vember figures were exclusive of Cu- ban sugar. none of which was Import~ cd during that month. TRADE SLOGANS STIMULATE. KANSAS CITY, Mo., December 22.— Slogans that inspire efforts to do more bucinesgs are becoming popular the offices of commercial institu- tions. They are exerting a good in- fluence, stimulating both buyers and sellers.- “Oust the pessimist” and “Business is g0od” are among the an- nouncements_one reads. Other Sio~ Zans jn use by business houses here are “Busi g« fichters will be re= warded,” “Get it done” and the like,