Evening Star Newspaper, March 18, 1922, Page 18

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

j \ plains the decline of the American e | crensing demand for materials, which, | § tiird nouncement from Woodrow Wilson g:fif,‘.’;,“,’,‘:"’;’h‘i ':',’,‘}J"i:.‘:{:‘:,f"‘l’;‘f Proving trade reports and falling |dollar in terms of foreigh curren- |Ment buying in the bond ‘;:“ “:gk::‘ !business circles of the United States. | however, have shown no startiing al- || UNITED AMERICAN LINES. Tnc.. ’ against the Pacific treaty will not| Probation. The chief justice dm- | PROFE CHt cles. Supplementing the American | irregular but strong stock market. |y terations in & price. Tire manufuc- || 39 Broadway St 4 " 18 z SLIGHT LEAD SEEN- " FORAPOWER PACT] Treaty to Go Through by Mar- gin of 3 to 5 Votes—Wil- son Stays Out. BY DAVID LAWRENCE. The four-power pact will be ratiiied ks '8 Baili very Thi . by the wlar o¥ a margain of from three to five| the law apprehended them. The | 0oy o EE o O reh 17— This | United States during February wag|Merket situation the features Were|o oo ang anusing pastime known |manufacturers against undue opti- || sieamrs “Mount - Giay,’ Mount. Caprol. votes. S Ceny and pleaded gutltys . weel's markets hav a8l a substantial debtor in the interna- | further sharp recovery In the Toreign (" "L cino” 06 the third-floor | mism. Building “operations are in || Mount Clinton. Hansa, Bayern. Waerttem. The expected eleventh-hour pro- Probation Officer g ve moved again!tjonal clearing house, and this ex-|exchanges, continued active invest- progress in every section, with in- || bers. with specia! cabln and improvec materialize, though it is known he is opposed absolutely to the principle of the treaty. This information, obtaiped from democratic sources today, amounts to «wo may alter the whole aspect of things. i y v, 192 - s blic. P & G = iip X u concession that the treaty will be per cent at the beginning of the year.|pounds in February, 1921, and ¢1886,- | * % 70 T€WAC RS B CHETE L L5 T | passed on to the consuming public. | his time last year. Heavy cattle atified, th k 9 ! &) 000 pounds in February, 1920. It was, | Political developri J S But not in the year 1922, The public lings are being recorded in re- failtled. tiough (ot coutas; In:such & The higher price scale put into effect ;" f.(, the smallest 'British debit | perflous. Doubtless the better out- > sponse to better market conditions. | PAGIFIG LIlE SUCCUMBING TO LURE OF PRETTY CLOTHES, GIRLS LAND.IN COURT Love of pretty clothés caused Gladys Bennett, eighteen years old, and Henrietta Hermap, twenty years, to appear for sentence this morning before Chief Justicd Mc- Coy. In Criminal Division 1. The girls had been members of & com- pany playing at one of the lccal buriesque houses and boarded on 6th street. Another young woman in the house had a couple of beau- iful party dresses and.Gladys and Henrietta had a “party date’ but lacked the desired raiment. They “borrowed” the fine clothes with- out asking permission, and were gayly bedecked when officers of Steele was the penitentiary, but suspended It during the good behavior of the girls. He cautioned them, if caught disobeying the laws again. they would be brought into court and sent to the penitentiary. OUTRAGE PLANNED ILATEST REPORTS OF BUSINESS .SHOW IMPROVED SITUATION Week's Markets Active Under the Impulse of Trade Recovery a.nd Fallin'g Money Rates. BY STUART P. WEST. . (Copyright, 1922.) Speclal Gorrespondent of The Star, under the two-fold Impulse of im- Nearly all the latest happenings in the business situation have been favorable. are reported working close to 60 per cent capacity as against 40 ten days ago by independent steel is holding. down during January and February The steel mills ! Copper metal, which came | | ocean freight charges, tourist expenditures, & With these reckoned in theré was not the_slightest question that the interest and figures and showing why the rise in \ sterling was particularly rapid, were the British hoard of trade reports for last month. These disclosed an export excess of only 870,000 pounds. This compared with an excess of 20,747,000 balance in the merchandise trade in several decades. THE EVENING STAR. WASHINGTON, D. C, {ISUAL WEEK END HESITATION SHOWN | Taking of Profits Checks Ad- vancing Trend—sSterling Exchange’s Big Rise. BY STUART P. WEST. EW YORK. March 18.—In today's Iflterllng once more crossed the $4.40 {level. where it was up 13 cents from the low of the week and within 4 cents of the season’s top. To attrib- ute so remarkable a recovery to any lcok for passage of the four-power treaty in the United States Senate ATURDAY, MARCH 18, 1922, FINANCIAL. CUT IN COSTS AND “OVERHEAD™ TIMULUS TO GENERAL TRADE D I . .. " 1Consumers Decline to Have “the Buck 1 Passed to Them: ished by BY J. C. ROYLE. Special Dixpateh to The Star. puck” has ceased to flourish in the | mater on, [ wa jbution and high freight rates were | carefully multiplied by is declining tirmly jo have the buck b {ing now is for more than im ssed to it, is taking a couple of [{o Dealers Admon- Situation. * nediate requirements. Automobjle production is growing NEW YORK, March 18.—That Iu-|go fast that bankers are warning | turers are shoving up production, and | % CUIOTL | are expected to speed up to an even ge increases, high costs of distri- | greater extent by the end of this| | month. three andi The pottery manufacturers are do- ing double the business they were at and while cattlemen are adequately d to replenish their herds. HAMBURG AMERICAN AMERICAN LINES.ne New York to Europe De Luxe Service TO PLYMOUTH. BOULOGNE, HAMBURG By New American Flag Steamers Resolute May 2; May 30, June 27 Reliance May 16, June 13, July 11 Regular Service TO HAMBURG DIRECT tiird class accommodations. or Local Steamship Agent: é i 7116&;:-?“& Lizs, n Agts, % ‘Brosdway. Now York Or Any Bteamship Ticket Agents. The attempt to draw Woodrow Wil- prugr France Makes Progres. timene | 80ded hal hitches In the woolen |those on the open range are holdink (| ep » son into the controversy is one of the from 14 to 12w & bound, eeain his| o piiation of the . exchanges | I8 boen an Influence upon SeNLMENt L, i ,rgung o wallet and it Iy sit- | back until the pasturage iz in better || © he Comfi)rt Route interesting phases of the treaty fight heavy oxport sales, onA is selling at | Where gold transfers in sufficient |&nd 8o has the crushing of the revolt | ying “tight. Retallers have found condition. hich has not yet been fully dis- 131. The sugar trade—in some r,_'qunmlty are impracticable are ac-{in the Rand. But mainly sterling |that out, wholesalers and Jjobbers | Demnnd for Oil Upward. Te so"‘. l"!llc' losed. . Division of opinion has pre- vailed among democratic senators as AT TROLLEY BRIDGE specta the hardest hit of all and the most reluctant to change for the bet- complished In two ways. First, there must be deflation of paper note is- know it, manufacturers hawe proved it and the producers are gradually il demand fs on the upward path. as is shown by Fecent price advances to whether the former Prasident sue, and, second, ‘such economies in 4 acknowledging Tt. DY pualisl Slotnr i ligpest to : ! 3 ter—continues on the mend. . and, iatcly iecol . in | tho previous decline had. been merely ging I both for crude and for refined prod- (| Peru and Chile. 14.350 tons dispiece: should express himself on the subject o {the purchase of foreign goods thatl, ieiction due to temporary over- No Startling Price Advances. ucts. Coal mines are running at bet- ment—designed and bullt for the trop. nd assist in defeating ratitication. Sugar Priees Advanc the country having the depreclated sulath i was not warranted : ; ics, Perfect ventilation, fitted with Some democrats have felt that Mr. g For the third successive time inlcurrency strikes something like a oot on A N the current in- | - Therefore, business is better in the ter speed. especially in the non-union || (% P2roe venblation, feted with Wilson ought to speak out. Others|[) ite Found and A t|little mare than a month mugar re-|balance between its total purchases e et United Statés, but it is not the kind | ficlds. and additional coke ovens are || 3507 yorige”enjoyable. have counseled silence on the ground |BYNAMITE Found and Arrest|nners have raisea quotations, In|and sales. France has made notable | “FIAtional balance Sheet = . of the|Of betier business which means being fired. NEW YORK—~PANAMA that the former Dresident cannot . doing =0 they have Justified ail thut |progress in both of these directions. | ime aore it had been all through | F(artling price udvances or wild and | Retall trade has reached o satiefac: NEW YORI=PANAY change the situation In the Senate| Of Alleged Striker Made on |has been said about the low state of Its note circulatlon from the peak of| the week. A number of individual | jpaljeniinate buving. Rather it tsoory, toume, et iater and that his public speeches are-a worid supplies in the hands of re- | last November has come down four stocks were picked out for leadership, :me bufsl_ne.;s_ re;ull{nuhffgnl‘lh.e ont- [demand Ak x:n“znr::ry :ndefiwgfne“;&s EBRO.. Apr. 15 B record of his attitude anyhow. P o finers and consumers, and about the | billion francs. o while thase were - pushed for. | Unk of costs and overhead, As a con- | notic ; ESSEQUIBO. . May 13 Silence Divides Friends. ortsmouth Line. approaching exhaustion of the once Improved Value of Francs. ward, 'epeculutive profits were taken | jeauence the business world i turn: Special Reduced Fares for One or 1wo senators have had an opportunity lately of learning Mr. joriner t'resident has decided to keep By the Associated Press. pany, Portsmouth division, is being also have upheld the prospect that level, und the sugar companles once The 1921 foreign trade still showed imports larger than exports, but the beside these accomplishments the large elsewhere. ) Realizing sales were heavier, per- Consequently, there buoyancy that there goods at a price the public will pay rather than to producing a price at remain in business. Prices, therefore, | ‘.Reports of Commodities highest price paid for spring lambs Round South America Tours g 1 . i 3 . Pacific S S S . but they have failed | PORTSMOUTH, Va, March 18.—w. | WiSH, (1% RO 50700 fires ,‘;‘S‘Kiifild'gfirvme betwesn the ‘two washaps ihanwoh other days as the bro-|which the pulic must bus. In the Various Centers | e R sanwaT, Dawgttion Co. tes what to do, and the | H Calloway, former employe of the |demand and supply will have struck | (rifiing compared o . e public in many instances does | or locai agents ¢ g rears vas only 2.000,000 000 franes | usual policy of clearing up accounts| e p, t . _Goes | Live Stock. us of opinion on the demo-|! Virginia > St o] P o ave Ih Ube | vears. Tt was only 000 alicy c ot have to buy, but the business| : e ‘of The Senate is that tho| V.T8!Na Railway and Power Com-|an equation where prlces Wil belagainet 23.000.000.000 In 1920, Setting | over the week end. = © " | man has to sel—that fs. if he i 10| TTLE. March 18 (Special).—The : 2 e v & ! purchases of French government and | same general are being closely scrutinized to see| this ye ecorde ve T Beide e J:;‘{.'L‘E“fi;‘.“‘.‘v‘,’elfif e oneommunicado In the Norfolk |more will be making money. | Corporate securities made during the { had been yesterday, and the day be- | 81 DEIE wlosely sorutinized to see| (his v e et wan BTy te e e A oluestion LOF themy | county Jail here today following hi&{ Grain and Exchange Regain Loaxex. [last twelve months by the Amerlcan | fore, bul. the selling, while iU pro- | pifh SOVERCER BP0 Rareanine T T WEsh JE0E ¢ pis at local yards effect of dividing his friends. | ATT€St laet night on the scene of an| Supplementing these various indi-imarket, we have a satisfaclory eX-|duced irregularity in the last hour{gemand. It is this knowledge that|are light, with prices strong for all C S T them, like Senator John |apparent attempt to blow up the|cations of trade recovery have been | plans O o 5nd I\ Lssuruce dL"gen:)i'n,:'“;‘::egn|:f"r-;:f rten the puck no longer can be passed 10| classes of live stock. | KNS 8 - o v J€ Missi % R v ant tests. one in the | value g C he aseurince | suggesting any ort ction. e public that gives promise of a Totne to Nots® o the rotepowes | Cllmerton traction bridge, across | (e, 0, AR Gener in the foreign | NAL 1t L & el and lasting improve- New York Centeal; s o ponise LA T {NEW YORK—HAVRE—PARIS (reaty because, in their opinion, it is| Faradise creek. exchanges. 'In both instances the!ment. New ‘Tork Central was the outstand- | that may continue some months. An-| CHICAGO, March 15 (Special).—Coal | ROCHAMBEAL Mar. 28 Apr. 27 June 1 in altiance, Others will vote against| Five others, according to operatives, | rapid decilne at the close of last; Money Rates Drop. thracite producers have to sell coal, 0.3 < ~—Coal | LA~ LORRAINE.Apr. 1 it becuuse it appeurs to be an aliiance escaped in an automoblle when week and the early part of this wee! | Next to the many proofs that Wall ing feature among the rails, reaching but the public proved this winter that prices here have slumped off again after a rise last week. Reports of Apr. 5 Apr.26 May 24 with & few powers as against other | county and special ofticers surprised | had raised the question in Many gireet was right when it set about, |85 znd pushing through that figure,| it does not have to buy unless it|prohable rate o - 0 0 A Apr. 8 May 11 June 15 vations. They favored an alliance|two men at work “planting” dyna- | minds whether the extraordinary rise | 1o months ago, to discount further |is way selling at the highest since 1917. | considers the price right. One big | Birike fears. cats. hiave “““"'Sh‘dlmscu < Apr. 12 May 10 May 2! vl league of all nutions, but not a | mite. from the middle of January until the | irade revival, the most important fac- |\ 0% 00 PE i 0o e rate of | Producer in the midst of the cold |EA TOURAINE Apr.23 May 25 June 20 ~pecial combination, in which others| Calloway s sald to be a member|end of February was anything but|tor in the markets of the week has 8 < | weather this winter had thirteen LA SAVOIE. .. y 15 could not even join if their interests were affected. “Senator Robinson of of the striking platform employes of the company. Three county officers a speculative movement resting on insufficient ground. This doubt has ibeen the decline in money rates to |the lowest in nearly five years. As 5 per cent, has just been declared, so that it is quite premature to discuss swung back as it did from $4.27% last Tuesday to over $4.40 today because miles of loaded coal cars on its hands for which it had no customers. LOWELL. Mags,, March 18 (Special). NEW YORK-VIGO:ss.:»-HAVRE. LA BOURDONNAIS Arkansas, e democrat, sought and speclal company operatives sur-|been satisfactorily settled. The May ! the profit in lending money has fallen, i < : ons ;i —Following the arbitration wage 1 - Apr. 15 nenUment to provids thas other pow, | Prised 1wo men, one on elther end | wheat option came down 20 cents & | the Ineentive to buy £ood Interest- | the possible ralsing of the vate i colc| = Textlle Strike Stubborn. ol 3vard among the shoo workers in| Winter rates now in eflect ©rs could join, but the proposal was| of the bridge, and found sticks of | bushel from its top. Sterling eX-hearing securities offering a hisher | NECt | e e i is e el | Brockton, the employes of the local | [QURS mn ALGERIA &MOROCCO voted down. dynamite in newly bored holes in|change declines 17 cents. But as|return has naturally increased. Hence A lich more plausible xplanation | Sk T Pc Boglend/ (s art carally x‘:;\’nlh ot the American Hide and Sailings Trai Bordacis e Massilias Outside the Scnate, too, Mr. Wilson's { bridge-foundation beams, with fuses | zood judzes had believed right alonk | {he continued advance in investment | & much more PIARbe CIPICIaL G0 striking example. Although thou-|Leather Company will undergo a 10 s e sl friends are divided on' the subject.| attached. these were merely reactions of mAar- | ggcurities. both bonds and stocks, the m‘ hot i he minority stocks of subs :?n'l;r’:gm‘:(;v_r"x{nixr;:‘;r‘h ‘. ;:Hxl-—d:’s per cent reduction In wages March 20. | Write for interesting descriptive literatare. Laymond B. Fosdick, who was to| While the officers were capturing |kets, in which, on top of vital, fun-{heavy volume of trading and the | {9 ESU I e MUOERY SOELE 0 6,000 | of thousands of spindles are still and | -— Corpant SRt h#ve been American representative | Calloway, the man on the other endjdamental changes there had been ajquick absorption of all new offerings | (G o Lol York Central stock. .x) X .r‘ b 8 he ‘.:is Halen ihey Machinery. = New York A Washington. _ i the scerctariat of the league ot Of the bridge fled to an automobile | thick layer of speculation. In get-|proughkt out. It looks mow as if the (SHo8 Bl S0 0 one case and the | Drct 0f cotton fi“mh of a oent alCWEVELAND, March 18 (Special).— ations if the United States had be-| In which four other men were ald|ting rid of this speculative element;open market in New York, which istp 30 and Western another, where | VATICA VR 8o € 8t O ublie wiil | The Foote Burt Company. makers of ROYAL MAIL come a member under the Wiison ad- | to Bave been sitting and escaped with | the swing was swift, and this was:down to a basis of 4% per cent for | FOF Sh bo0 Yue heen proposed. It | Yard- A t e ¥ | washing machines, has increased its mainistration, says the four-power act is in harmony with the league. orman H. Davis, who was to have been Mr. Wilsons appointee to the separations i t | severed high tension electrical wires| “The February figures of the foreign | maricet forced th aluable equities in these subordinate S e PHILADELPHIA, March 18 (Spe- SOUTHAMPTON—HAMBURG e orpower et tathe oo typrat | serving Cradock and the 12-inch | trads throw the clearest light vet|of Lingland. It was only after Lon- [ vaiuabie e e e I, DYCen olal) —Work has began on the Hera | 2 alliance and is directly opposed to the | Water main supplying Cradock and |shed upon the causes for the re-|don privite discounts had got well]®'ry. shadow of the labor troubles in (Cr % L lli™ Gt ‘Dresent. ware river terminal of the Phila- idea of the league of nations. the government's ammunition depot{covery in exchange rates. While |ln—'l;-,lnw the bank level that the bank | 4o ¢oq0) regions was felt only in the Recognition’ of ihese tendencles on | 4€IPhiz and Reading railroad on the iy . vai at St. Juliens creek. orts’ of foreign merchandise into e e of the antiracits)coal h e | Jersey side of the river "3t 1o 4 AN Washingion Team relble soueses 28 | this country wers tne latget, Withimay well be im0 O et o Shares. © RIPEY So8 Tabor hossaver, st bowed Sixned largely to accommodate sca- ||| ORDUNA.... Apr. 14 May 26 July .0 V. ‘s i exception, 0! ! s 8 aL = = « 8 were S{rong. ™ 3 aen ] sho! vel and will require Ry VAU v = to Mr. Wilson's attitude is that he one L exports were the |carved that the world-wide casing of | QLIET rails were SonEr o )1 to lead to mutudl adjustment. which { £o."0nIREr o quire a vear!| vAUBAN. July 12 feels today cxactly as he did in Re- Feals | v A $3.000,000, | Gumber S Wlan I Taaerere s ot exports—354,000,000—made up | investment values s primarily the result | 1e4ders In the Inousco @ BrOU: LG | stable and profitable. D AT D st ;| The Royal Mail Steam Packet Co. A R A e the slenderest total since war |of slackness in trade. When business | 40D e innahes Farmers Enlarge Acrenge. (SaAND RAPIDS. Mich., March 18 i SANDERSON & INC., Agents the Luropean idea of regional alli- by the kncss T2 Do ‘n lecunter | strongth, and there wa - : Special).—War Finance. Corporation ||| 26 Broadwa aices. He swid on thit occasion: time. picks up there will be a counter) (¢ Yather notable upturn in the| A strong expression of opinion that | Lad loaned only 325,000 to the farim: Opposes Balance of Power. ‘You know that the United States alwayg felt from the very begin- ning of her history that she must keep herself svparate from any kind of connection with European politics, ha his companions. Had the plot been successful. offi- cers sald, it would not pnly have destroyed the bridge, but would have GOURT PUTS CHECK ON FAKE DIVORCES shown conclusively by the fact that it took only two days for sterling to regain nearly two-thirds of loss and for wheat to recover half. neurly a year, smallest since July, 1914, and the ex- This excess was not far from cov- ered by the $27,000,000 net gold im- ports of the month, let alone the in- visible debits for such items—as ! thirty days and to 4% for longer maturities, will force the hand of the federal reserve institutions in the same manner that the London open and of the Bank rate itself came down, and the same ney rates and consequent rise in i picks i which it may possibly be disclosed the advance in investment quarters has been rather extreme. < these projects go through, it will mean a financial consolidation of the Van- derbilt lines and the release for the benefit of the parent treasury of the in the industrial group; the New York city traction securiti —_———— Washington Stock Exchange not buy at higher prices. The clothing and woolen goods manufacturers are worrying over a similar puzzle. Thes are trying to reconcile low-priced goods to high-priced wools, and many ex- will place businass on a basis both shoe prices were out of line has been followed by wage reductions in some of the manufacturing centers. Farm- ers, encouraged by better prices, are buying acreage and enlarging their plantings for this season. Steel pay operations 60 per cent to keep pace with recent orders, Business Toples. The cost will exceed ers of Michigan up to date. There are a few applications yet to be acted on, but members of the Michigan committee of the corporation say there is little likelihood of many further loans being made because of to EUROPE | NEW YORK—CHERBOURG OROPESA...Apr. 28 Juned July 21 USTRALIA HONOLULU. SUVA. NEW ZEALAND The Well Equipped Roval Mail Steamers. For fares, etc., Can.’ Pac. SALES. rolls are expanding and the recent|lack of demand from far: M ““Makura” (13.500Tons) 2 on Ral Go— ¥ mers. 5 re 8), Apr. 14, June 16. Aug. 15. and I want to say very frankly to you . u“':»'h:'{"nn,‘ Hxsyass Jeesasy price increases are holding. This is|igan banks say they have ';,e," :‘;‘,‘e “Niagara" .000 tons), May 19, July that she is not now interested in Eu-|JUdges Rule New Yorkers ; Cupital Traction—5 at 95, 5 at 95. taken as trustworthy evidence of the | to take care of the farmers without e . matives, ropean politics. But she is Interested in the partneiship of right between America and Europe. “If the future had nothing for us but a new attempt to keep the world { “t a right pois- hy a balance of | power, the United States would take | no Interest, because she will join no combination of power which 13 not a combination of ail of us. She is not in the peace of vower pact now pending are not unsympathetic with the object sought to be attained, namely, the preserva- tion of the peace of the Pacific. To that extent the fouf-power pact Is in harmony with the league of na-t tions, but he has feared that the| 11ethod of grouping a few powers in Cannot Go Outside State for Separation. sociated Press. By th NEW YORK, March 18.—The adage “marry in haste and repent at leisure” New Yorkers, wishing to rid them- selves of matrimonial ties, going to Reno, Nev., and other places to obtain legal relief. The decision makes permanent an injunction granted by Supreme Court MAIL GARRIER HELD Quarrel Over Letter Box Is in Augusta County. Special Dispatch to The 8tar. STAUNTON, Va., March 18.—Peace- ful Deerficld valley sectfon of Augusta county was horrified vester- IBONDS ARE FIRN . ATHIGHER PRICES NEW YORK, March 18.—Bond prices i worked generally higher again dur- trading, and the United Kingdom 5%s of 1922 and 1929 each galned about & point as sterling exchange contin- ued its advance. Argentine 5s struck a fresh top. Liberty bonds, too. mov- ed higher, which was only natural on account of the low call loan rate. Washington Raflway and _Electric a®. 5 at s 5 at oy, 25 at 69 o at 608, & Washington Gas Light—10 at 30, 25 at 50, 25 at 803, 25 at GO} American Security d Trost Company—1 at =3, Continental Trust Company—10 at 92, 10 t 9235 * naion Monotype—20 at 0%, 12 at 70%. AFTER CALL. Washington Gas 71;5—$1,000 at 105, $500 at ' BONDS. Bid and Asked Prices. PUBLIC UTILITY. d Telga. 4s Tely actual improvement of demand. Buy- WEEK OF ACTIVITY MARKS NEW YORK, March 18—Trading on the stock exchange this week was Price tendencies were higher in a vast majority of instances, but the more substantial gains were register- ed by low-grade industrials and spe- were almost entirely ignored. but cialties. Rails of the investment class { outside help. |WHEAT RALLIES AFTER NEW YORK STOCK MARKET| WEEK’S SHARP DECLINE CHICAGO, March 18.—Something of a rally from the recent severe de- | opinions that set-backs had been too | drastic. Compared with a week ago, wheat this morning showed gains of % to 1%. Corn was up a shade to %. Oats were }2% off to % ad- vance, and provisions unchanged to apply Washington. or o Cana: . Winch Building. 741 1819 New York dian Australa Hastings St., W See Beautiful South America il The peer of any land you ,,,,e,,,_.dbu{n,;.:,ym he beace of|ya5 teeth put in it by a decision of ing today's short session. French |, Weshington GR characterized by the greatest ac-|cline in the price of wheat hys been have ever visited. s the appellate division of the supreme £ government 85 and T%s at new high | Wathingies Ralizay sng Electdic gen. e | tivity and most varied operations of | brought about tnis week largely S. S. V. o Wilson's views on the four-|court, which, it is said, will prevent| Said to Have Been Cause |ieveis, wera features of the active F o ¥ any similar period thus far this year. | through enlarged buying based on| . S. Vestris Luxuriously appointed steamer of the famous V-FLEET Sailing March 25th for Rio de Janei-o—Monte- .video and Buenos Aires #ny combination. designed to protect { Justice Donnelly last July restraining secondary issues, especially grangers them against the aggression of an-{Archibald B. Gwathmey, a New York 1jand cotton carriers, strengthened, as 5 lower. . Although new rains over Kansas| Greater New+ York traction bonds were strong and active, Third Avenue nd Potomac b day by the murder of Joe Gwynn, Offers every pussible comfort o o P ¢ 80 i other power or group of powers,ibroker, from prosccuting 2 = Tivi in the West 5 Auacostia and Potomac guar. 5. 80 did also the bonds of those roads. |and Oklahoma depressed tue sheat and luxury en voyage. Direect would lead only to the establishment | atarted In Florida to obtain a divorce | YOUNS farmer, Hving 1% Che R0 adjustments were in demand across | c.and £ Teleplone S5 - Additional dividend omissions by | market early in the week, and so, ||| Service from New York. with of rival ent from Isabelle C. Gwathmey. The|Augusta community Sliiina Jthe Mugsen o R A several prominent industrial com- | too, did coul strike developments and H| ample DA ol il as have divided the ¥ on wars in the past. (Copyright, 1922.) orld and brought | appellate decision, rendered by unani- mous vote, holds that Gwathmey's { change of residence was a fraud upon {'nited States mail carrier, Is under {arrest. The shooting, it is alleged. panies. including Crucible Steel, ex- | ierted little adverse influence, having evidently been discounted. In the ¢y and Subnrban b sharp downturns in Liverpool quota- ! | Georgetown Gas tions, speculative buyl 1 = D ving set in Ex—S.S. Vandych, Sinclatr Consolidated Oil 7%s estab- ntes and alliances suchl lished a new high above 103%. STILL WITHOUT CLUE TO SLAYER OF BRUNEN Exhaustive Investigations Fail to Disclose Murderer of N. J. Circus Proprietor. By the Associated Press. RIVERSIDE, N. J., March 18.—Au- thorities investigating the death of John T. Brunen, circus proprietor, shot and killed in his home a week 2go vesterday, today apparently weré as far from a solution of the slaying as when they began their in- vestigation. One man remains to be questioned, County Detective Ellis Parker said today. He is Paul Purrell, a conces- sionaire, who was with Brunen's shows last season. Purrell has been! tound at Paterson, N. J. Parken stated, ‘and has been requested to 50 to Mount Holly for questionng by Prosecutor Kelsey. According to Parker, Purrell was ordered from the vircus ‘lot in midseason following a wuarrel with Brunen. ‘Two men, George L. Werner, circus chef, and Joseph R. (“Doc”) Ward, allyhoo man, vesterday were ex- onerated by authorities from any connection in the case. Last night detective Parker spent some ~time | uuestioning a man in the Jail at Nor- ristown, Fa., who had sald he knew Brunen intimately, but the detective said he was ucable to learn anything that had not been divulged. CROW DENIES REPORTS HE MAY LEAVE SENATE tories Called “Infamous Lie.” ‘Will Consult With Doctors Over His Future. By the Associated Press. PITTSBURGH, March 18—In a statement issued from his room at Mercy Hospital here late last night *United States Senator W. E. Crow de- ciared that within the next fey days he would consult with -his doc- tors and that their decision would defermine his future course United States senator and thairman of rnel state republican committee. The senator characterized as “slan- derous, uncalled for and an infamous| lie” reports concerning his probable resignation and the probable appoint- nent of John A. Bell, Pittsburgh anker, to succeed him. In a statement Issued earlier in the| ay Mr, Bell denied “the report that onetary proposal is under consid- tion in connection Wwith my candi- The Brotherhood of Locomotive Engineers. organized in 1863, now has A37 divisions in the United States and Canada and a total membership of 35, The organization has a four- toen-story hesdquarters building in “leveland. maintains its ewn insur- department, and operates a coe his wife's matrimonial rights, as they were married in New York and had their legal residence here. Cannot Go Outside State. The decision is interpreted to'mean that persons married in New York state or maintaining their matri- monial residence here cannot go out- side the state and set up a residence that will be recognized as legal. *“This decislon sounds the death- knell for fake divorces,” sald Edmund L. Mooney, counsel for Mrs. Gwathmey, ~'when apprised of _the court's findings. “It also goes a long way toward solving a national situa- tion which has given to much agita- tion for a national divorce law. Any one may go Into the supreme court of New York now, whenever an action is started against him or her in another state, and get an injunction.” Mr. Mooney contended, in defending the sult against his client, that Gwathmey was a resident of New York, but fraudulently stated he was & resident of Florida. % Action Went by Default. In previous divorce actions filed in other states against New Yorkers, with one exception, the person sued had permitted the action to go by de- fault. 1f it were desired later to re- open_the case, the decree had been attacked on the ground that the court granting it had no jurisdiction, Mrs. Gwathmey, however, attacked her husband’s action on the ground that she was allowed only $3,200 a year from property given her by her husband, and that she could not af- ford to go to Florida and resist the suit. She also claimed that her husband wanted her to g0 to Reno and di- vorce him. He promised. she said in her petition, not to contest the ac- tion, ard to reward her handsomely, but she refused to consider it, she averred. PREMIER OF MANITOBA AND CABINET RESIGN T. C. Norris Outlines Circumstances Leading to Government Defeat. WINNIPEG, Man., March 17.—Pre- mier T. C. Norris tendered the resig- nation of his cabinet to the lieutenant governor this afternoon. After Mr. Norris had conferred with Sir James Atkins it was announced his resigna- tion was umder conslderation. It is undetstood that Sir James will call upon the leaders of the other legis- lative groups for their opinions be- fore déciding definitely on the course: of action to be taken. Premier Norris outlined the circum- stances leading to the defeat of the government on the Talbot resolution censuring the administration for fail- ing to abolish the public utilities commission, and formally announced the resignation of the ministry. It is understood he neither recommended the dissolution nor the summoning of any one to form a new govern- ment. . e It never rains on the unjust if he can get hold of the just man's um- brella. 1 i i grew out of an argument regarding the style of mail box in front of Gwynn's little home, where his young wife, his mother and his two little boys, aged three and six years, are prostrated over his slaying. The shooting occurred when Stout stopped where Gwynn and several others were working on a fence at : Toperty an government regulation style of metal mail box. There had been words be- tween the two men previously, it is understood. Bullet Enters Heart. ! When the argument followed, Stout pulled out his revolver and shot at Gwynn. The single load entered the heart and the man was dead inside of three minutes, according to wit- nesses. Stout went to his home, which ad- joins the property of the murdered man, after the shooting. Neighbors procured Winchester rifles and closely guarded his house so that he might not escape before the county officers from Staunton, twenty-miles distant, could arrive. Deputy Sherift Earl Taylor and his assistant, George Layman, proceeded to the Stout home and found the man. Stout is said to have claimed that he was justified in the shooting and made no denial. He was placed in an automobile, rushed into Staunton and lodged in jail, where he now occupies “solitary” Quarters on the top floor, closely guarded. The body was carried at the direc- tion of County Coroner J. B. Catlett to his home, where the inquest was held. ] Claims He Had Cause. Stout was asked by Commonwealth Attorney Kerr why he did the shoot- ing, and he replied that he had a cause. There were three witnesses to the murder. 'They were Jesse Gwynn, a brother, Jim Karicofe and Miss Lottie Props. It is sald that there had been bad blood between the two men for several weeks. Two weeks ago they quarreled: over a dog fight, and Gwynn_struck Stout, who is sald to have then declared he would “get” im. huwynn was industrious and well liked. He was twenty-eight years old d was born and reared near Hot Springs. . He worked for four or five vears in Washington, and it Was with the money he sent back that he paid for the little home. Stout carried the mail from West Augusta to Marble valley through Deerfield. —_— PRINCE LEAVES INDIA. Wales Sails on Battle, Cruiser Re- nown for Japan. KARACHI, Eritish Indla, March 17. —The Prince of Wales concluded his tour of India today and sailed from this port ‘on the battle cruiser Re- nown bound for Japan. The prince was enthusiastically cheered by a large gathering at the quay to bid' him farewell. The copper_bonds, especially Smel- ters bs and Cerro de Pasco 85, which got up a point, were firm, and Invinci- ble ol 8s went up another half point. In the rallway section the new Mis- souri, Kansas & Texas 6s, when. issued, sold at 94% for the first time. Balti- more & Ohlo issues advanced, the con- vertibles a half point and the Toledo & Cincinnati division 4s nearly two points. Chicago & Eastern Illinols &s bettered their previous high. New York Central bonds were irregular, the 78 up and the 3%s off fractionally. Canadian Bonds Strong. Increasing activity and advancing prices were shown in the New York market for Canadian provincial bonds this week. Manitoba 6s of 1930 were 100% bid, offered at 101%; the new 518 of 1942 were 1011 bid, offered at 102347 the 6s of 1946 were 105% bid, offered at 106%. Ontario 53%s of| 1922 were 991¢ bid, offered at par; the 6%s of 1929 were 99 bid, offered at 99%. and the 6s of 1943 were 106 bid, offered at 106%. DRY NAVY T0 GET “HANDPICKED" MEN |Efforts Made at Baltimore to Recruit Veterans' of Sub- marine Chasers. By the Associated Prest BALTIMORE, Md., March 18.—Great care 1s being used by Capt. Elmer Kir- wan, general prohibition agent, in re- cryiting men for the newly created prohibition *“nayy:" | Capt. Kirwan sald that each man will be “handpicked.” He intends, if possible, to secure men who saw serv- fce on_submarine chasers during the war. Each of the half dozen or more of these craft, which are being pre- pared at local shipyards for the serv- ice, will carry a crew of fourteen men | mount a “one-pounder” gun. The o deets wiil be left virtually 83 they were during the war, Capt. Kirwan B e first of the aquatic rum hunt- ers will be ready” for duty in about fen days, but Capt. Kirwan sald the fleet would not g0 Into active service for some time. Just where the chasers {would be stationed also was indefinite, i he sald. They are capable of sixteen knots speed and will be equipped with radio telephones. . ‘Enongh men to man fifty submarine chasers have applied for positions with | Capt. Kirwan, it was stated today by i Capt. Charles Pertner of Rescue Har- | bor, No. 14, who i3 alding Capt. Kir- | wan in his work. Several hundred ap- plications were sent to Spedden’s ship- yard, until it was found necessary to refuse to admit more through the gates of the plant. —— e In a universe wilhout & purposc. Metropolitan R. R. | Patonme Eieetric s Potomac Potomac Electrle deb. mac £ 5 % Pot Blc. Pow. g m. & ref. T Wash., Alex. M. Ver. W Dal. and An. Os. Washington Gas 5s. Washiogton Gas 7% 1 Rwy. and Eiec. 8% 85 g:::t"fl':; l:z E.II:C & m. 6s. 975 o8 Realty Oa (long). . RisER Reaity, oe. (short) . O ‘Wasnington Market Js, 1027, 88 2 ‘Washington Market Be, 1947, g . °M. 'Cold Btorage Ga. ¥ 3 STOCKS. Elec. com. Rwy. and Elec. pfd. NATIONAL BANK. American . 180 Capital ... 210 Columbla " s Commercial i3 DISERiCE o.voaeiiniiseness 188 170 Farmers ‘and Mechanics' 22 Federal 10 Liberty - 2 Lincoln 170 Natlonal “Metropolitan ‘Washington TRUST'COMPANY. American Security and Trust.. 233 Tru Continental National Savings an Union Trust Washington Lot Union Savings . U. 8. Saviogs . Washington Mechanies” American Corcoran Firemen's ..... National Union TITLE INSURANCE. Columbia_Title | - ! Real Estate .. MISCELLANEOUS." Columbia Graphophone com. . g 4 Columbla Graphophone pfd m:?, 1715 D. C. Pager Mfg. Co. Merciiants' Transfer and 8 iio ‘Mergenthaler Linotype . e 0id 'Dutch Market com. 198 0ld_Duteh Market pfd. 7 H Lanston Monotype . ™Y sl Security Btorage . 2o = Washington Marke! *Ex. dividend. {“LOST” AMERICAN FbUND. Horse Trainer Arrives in Riga En Route to United States. RIGA, March 17.—Fred KXeyes, American horse trainer, of Elyria, Ohio, the last officially *lost” Ameri- can in Russia, arrived in Riga today. on his way home after an absence of nine years, He came to Russia under a contract {with Count Von Vorontzoff-Dashkoff, former viceroy of the Caucasus, as manager of the/count’s blooded horse farm. After the revolution, Keves be- came manager of a soviet stock farm near. Moscow, which was conducted as g model and shown 1o distinguish- ed visitors., He sald he gave up this position because the minor officials The human heart refuses to believe | there did rot like the idea of haying - forcigner as busa. main the industrial list was firm to strong and coppers also strengthened on the increased inguiry for metals. Monetary conditions were the chief factor in the week's expansive deal- ings. Pagsing of the federal income tax payment period was followed by lowest money rates of the year. Cail loans were readily obtainable in the open market at 3 per cent, and this quotation was lowered in private of- ferings. The investment situation was an- other source of encouragement to banking interests. Many new do- mestic and foreign underwritings, in- cluding a French railway $30,000,000 bond issue and one of $40,000,000 for the Dutch East Indles met with large over-subscriptions in this market. —_— DIVIDENDS DECLARED. American-La France Eng. Co., ., 25e. 8 Américan-La France Eng. Co., aking Co., a., Apr. Gen. Baking Co., Apr. Indiada Pipe Line 3 May 1 Ind. Pipe L. Co., extrn, '$2..Apr. 24 May 1 Jones Bros. Tea'Co.. q.. D.. $175 .. ch. 22 Apr. Laurentide Power Co., Ltd., q., $1.25 M Apr. 15 MeAndrews .50 Apr. 15 . Apr. 15 Bank of MM $B3 . Apr. 1 Monong: 5 Co.. q.. pf., 37% Aeh. 31 Apr. Patchogué Plym'th Mills, $i Mch, 27 Apr. People's Gas Co., 4., $1.25..Apr. 3 Apr. |CRUDE OIL STOCKS GAIN. Increase of 8,208,000 Barrels for " February East of Rockies. NEW YORK, March 18—An in crease of 8,298,000 barrels in pipe and tank line crude oil stocks east of the Rocky mountains is Indicated’ for February, according to the weekly summary of the American Petroleum Institute. This is the net change shown by forty-three representative companies reporting to the institute. Imports of petrolenm at the, prin- cipal United States ports for the week ended March 11 totaled 3,785,350 barrels, a’daily average of 540,764 barrels, according to the institute's summary. For the week ended March 4, imports totaled 2,611,000 barrels, a daily average of 373,000 barrels. PARIS BOURSE PRICES HEAVY. PARIS, March 18.—Prices were heavy on the bourse today. Three er cent rentés, 58 francs 45 .cen- {times. Exchange on London, 48 francs .56 centimes. Five per cent loan, 78 francs 95 Ccentimes. The dollar was quoted at 11 francs 4% centimes. 3 Other Financial News on Page 16. here, and proved more than a coun- ter-balance. The coptention was made that the differénce between Chicago and Liverpool values of late had widened instead of narrowed, and that continental European coun tries were purchasing new crop de- liveries as well as old. With the volume of receipts falling off both at Minneapolis and Kansas City, and with smallness of European stocks being emphasized, the upward ten- dency of the market here became more pronounced. Incidentally, greater notice was taken also ‘of con- tingent market effects in the future by reason of the action of many farmers in pooling their wheat. Corn and oats were relatively weaker than wheat, the fact having been definitely shown that stocks of pcorn available are the largest ever known. A Provisions averaged lower in value | with hogs. | This response.to higher Liverpool ! quotations was disappointing to the 5 | buying element and under commission ;! house pressure prices eased off to under vesterday's finish. Local buy- |ing caused & rally from the inside 'filg:l;e& but the mkarket again turned |light. s Corn started % to 1§ lower, May be- ing 62% to 628%, July 66% to 65 and September 673. Despite light ‘receipts prices eased off further in the first hour. Oats were steady to firm early, but in corn. The first prices were un- changed to % lower, with May 39 to 3934, July 41% to 41% and September Provisions were fairly strong and until the end of the first hour held at around yesterday's finish. Cash trade was quiet. STEAMSHIPS. l‘c‘ulfiulmnc.r.l.s‘m lf'o a . " Quiet and Restful Outing Tr7 » WATER TRIP To NORFOLK, VA. Via Potomac River and Chesapeake Hay Medern Steel Palace Steamuvs Daily at 6:30 P.M. Woodwars Bidg. 191 108 5. FW. Norfolk &-Washington Steamboat Co. ' later were affected by the weakness | Vasari, April 29, 8.8. Vauban, May 13. For fall particulars and special rates for the round trip, upply company's office, 42 Bromdway, New York. any or R. M. st. n.w., General Dis- Steamship or Tourist Agent 208" F Hicks, 1 strict Agest. Lamport & Holt Line COMPLETE OCEAN STEAMSHIP SERVICE 'WHITE STAR—To Channel pots, Liver- I pool, Queenstown and the Mediterranean. Standard of service in keeping with the { magnificence of Olympic, Homeric and world's largest ship, Majestic. Regular | express service. | RED STAR — To Antwerp, calling at | Piymouhiaad Cherbourg. Weeklvaailings H four ships headed by distinguished i Canee AMERICAN LINE—To Hamburg, Libau 1 and Dansig. Service of regularicy, de- peadability, comfort and convenieace. | International Mercantile Marine Co. office: 1908 T st. n.w. R. M. HICKS, Manager. 1 Wi TOURS. SUMMER OF 1922 TUNDER EXPERT DIRECTION France, Switzerland, Italy, Germany. BrAll select pesty: sailiag June 0 on La Touraine, returning on the new magnificent 1] 99 i { (Largest Steamer in the World) Al k) $870, Ave. near Beach. Rooms en suite with private e o ik ot Tt e NFRONT APTH, AND 500 season or $2,0x 4 apts.. '$2,000 year. Larg® | furnished rooms. with private bath, $25 to &i0 ! week. L. FRALEY MILLS, §2 So. Tenn. ave I“DE—VILLE” “Amer. pian. Wondert | rlor. Gi Cort privitepen Aot inx, oo pates Uirags, Colt meiviisss Secue Ir:‘t!l. .50 wk. nm“'l‘!!fl':! M. '('I"HR';F.\ VIRG! pen Siewm heated: private bt Booklet on ‘request. -

Other pages from this issue: