Evening Star Newspaper, March 28, 1922, Page 24

LA ® i ¢ i 2 \ o 3 La \ 5 SR : 2 - - e % - THE EVENING STAR, WASHINGTON, D. C. TUESDAY, MARCH 28, 1922, iy AWARM WEATHER FLURRY STARTS|}: 3wty i 3 o ol sy g o » IGrain, Pre - | | 4 Aare opening an iron mines | at a better rate than a year ago. G ¢ b M ol NEW YORK STOCKS |Grain, Produce and Live Stoc n pacity WEEK WITH BURST OF BUY G roduction. Wholesalers in the Twin Takngen, LOCAL WHOLESALE PRICES. GRAIN AND PROVISIONS. 9 IN Citles” report a” wholesome spring P“"d\Dm«Pmflmhkl:cr:'}.:‘lmfiof" Eggs—Strictly fresh, selected, per | BALTIMORE, March 28 (Special Financlal conditions are excellent. | this aecilan are-busy. hut the demand eseni AL Average cseipta, 23 mouily F°-}::T°u‘n o 1221?:5 bo “:gg-m : v, If slowly, an ere iy ample i 5 I d — ., 18 2 aeto en and Wholesalersin New York gredt " tar " Togliimate, :nu.flu:ut S gy, oesters Ber D s on '”“K-‘L‘i:-"&?-'"lul,‘.“:%l:w..n e Loans for the federal farm ban o - g 2 o5 . Heans, hamper, 2.3083.50. Beets, since January 1 total 36,506,000, Ratle L winter, per lb., 40ats; . bunch: 547 Cabbage, hi A rea HO ever. Thlnk R roads have begun spring improve- | [BOSTON. March 28 (Speoial).—Pres. each, 50a80; fowls, 26a27; spriug, 70 e o g . . However, aw Prices e B gt e et BT e B e Shorts. Try to "Cover and Bried o o s o TR Carros,_bunch. 423 cauil- \Eliminate Old Interests. ; x 009, - bkens, per 1b., 40843; hens, per Ib., | 73a1.15; crate. 2.25a3. Cucurmbers, ployment . to 10,000 additional men.in | that coal would drop 31 to 32 a ton " 3§ 0. B /" Keep Too High El“""‘"“- e ReRly ent *Bpetnl " rads 0, (he wirike 16 one s erdugiht | Foroe Gains—Some Strong | et reeriem ot B n0s Liekely | Koot SRR il | Treasury Calls for $76,- e s good in the cities, and country g v Pork—] s o 13; G G e ez i merchanta” repprt’ & demand far ' [ MOntAE" supplyon hand. Specialties Sk L I S AR R Ontons, 000,000 h . BY JAMES ALLERTON. Nithin ,‘,,, Finga The ““u",h““ ":nq";um;‘ mc?mr’n.odmal. ul-nnul- —_— L Live' stock—Calves chosee. per 1b..|100 ibs, 6.00a9.: 2, 3.00a4.00; v . rcial iapatch to The star. Company” is wl‘:,-kg,‘ w ?:oml ver Rave drepped 10 to 30 per eent hera Rt r-'“m NEW YORK. March 28.—The mar- :?‘:l,lnl:ledlun;, 8a9; t §a7. Lambs, | spring onione, per 100, 1.63a175. Par- BY I A. FLEMING. [ NEW YORK. March 23.—The warm | 0° S5 SARRGEY. on, clecurical @0ods | 1evel oyt at about 15 per sant below | "Tie aflk and shirs factories ot this | reryRened slow, with more or less| joy. » per . 12413 i Hlogs, per 1b. Pempera orate. S50a6 00 Epinack,| AL @ regular mesting of the di- weatlier of Sunday, which brought|on other. lines. New business is|the scale of last year. section report conditions |mnrovln; selling pressure in speculative issues| Green fruit—Apples, per bbl., 6.00a | bu, 1.00a1.25. Squash, crate, 4.50a5.50. | Fectors of the Columbia Graphophon: Jithousands of spring costumes out on | being boeked that assures -further | : and the outlaok fair for business dur- |2nd the railroads, desoite the good|11.50; per bu. basket, 2.50a3.25: wesl- | Tomatoes, crate, 1.50a3.50. Turnips, | Company, held yesterday in New York {the avenues and. streets, started re. |-CRIaTgement of operations ana adai-|Commodity Reports Ing the remainder of the year. showing made for the month of Feb- | orm; Per box, 2.75ak00. California|basket, s5aio. city, there was a housecleaning. ad {tional furnaces. “mills. coke ovena N oranges, per crate, 6.00a7.00. Lemons.| Apples, rmcked, bbl., 0a | trade off heresthis week With a:and coal mines Have been ordered on fresh burst of buying. Manufactur-|the active list. 6.0029.00; No. 2, Nates. 3 g Tuary, The Whitman-DuPont interest: were eliminated, if indeed they had no by very many of the roads BSR box. 1.00a4.50. Grapefruit, per box, making reports thus early, were more |3.5044.00. ' Florida oranges, 6.0028.00. From Various Sections G A lers v 3 i .| It is regarded as extremely "o- 2 OTTAWA, Canada, March 28 (Spe-|or Vegetables—Potatoes, No. 1, zrbbl,'o frs and wholesalass, hawaver. eanes |ypiy it L i Rnliadio il 48 . Weal. ofal).—Rail rates promise to provide n-,-:‘ Jenisotea. 5 2.7625.00: per_sneie, 5ha3.50. Bwees, | orrant 5.00w1d.00 - Strawberrioe, ar, | LLuposed of their entire stock hold- [cially in the garment industries, are |but it 1 Relioved that “even ing| BOSTON. Mavoh 28 (Snecisl)-—The |ocoaulan for a fierce eonteat in the | onhved” noice Market gredually re- 2.30a4.00. Lettuce, southern, per crate. | 4527, Che * 47| ings ail the way down from $75 down (o Jeas active and hoth waolen and SIK. LIoEIE GF Ohe unjon mines Wil hot |raw wool market i3 refiooting nar-{Canadin Dariiament shorily. | More | Sovelod,more, stamina through thel Z0mas.00. Romatne leiuce, "L08250 | “Npv yoRk. March 2 SOOI DF S0 IS e, imills of this scotion ark talking and | NCCK the ubward_ trend of Dusinese | rowing operations amang woolen | L, fYeRLy ¥ears uko Canadian |the equipments, oils and bood stocks, | T oumun. pex crate; 3 ""C.a-;"fln On o [ middle west. 11.15a11.2 The new directers, who may reasori- [practicing curtailment. They deciare | fuE 10 (e large accumulation of | manutacturers. Mills are almost out|for thete “Crows Nont Pras Ui | this strengtheni=g former Weak sDO(S. | per cwi 003.00. e 3004 | ticles unchanged. ably be supposed to have the in- [Prices for raw materials ure 100 high | The building of dweli in Tete -t line, | Some of the bear: undertook 15 cover|6.00. Kggplants, per crate, 3.00a5.00. Selling Prices at Noow. terests of the corperati t hea B ey e mularinis ave toh Bian : & of dwelings is ma Aprond hat | pht o8 | trudes made on the recent Arop 1 1d| Tomatocss ean bon: Florida, 0. R e T RO {prices for finished goods. Millinery ing rapid progress. and has already | have stopped huylnr never ri oo mmagltien -noula founyd the market stiffening up 14p- Bexnx -'5024 00 bask :' aronth ] o heat_d 1 red winter, spot, mo|with two former officials not mix j#ponding improvement in the demand | yje s Sy B1b HOES 2 ; tem s ; ima _Lacomotive surpriscd \ 1is| 7.6 Rale7.25a1 . i srsinal; No. 2 = et signs are hung out 5 pQrary suspension of this agree- | ¢ri 8 °- 8135, .'1.37%, nominal. JiSTribaus Sum fhe Fatiorean g foday than at say Ume in two atf gacRAM NT‘(}‘:! ‘y:a'n 28_(Special). m'"-‘our'-“u";r?;\::‘et:‘uc“"dllmg' ho Winand Americkn Locomotive came DAIRY MARKETS. arn-Cob corn, oid, vellow. Guoted Retal _ | three years. here is a marked 2 . & . uniess the|throvgh with gaing of 1 to 1 ints. 2 ook por bbl; contract corn, spot, €5, t”:a:.inp.;nc,_ dealers .-phpon an :,. feréate tnlthe deiaand for ballamer c—hfi.nu;m’ ulmflfl K > !efa nsion is renewed the old rates -n._fd‘.pl“ :' .":'f.m hvo‘"‘:’t the | , BALTIMORE, March 28 (Special).— nominal; No. 4 corn, spot. track | v - usiness and the craze for | 'CTSASS 1N the demand f seling it nge is reorganising in an effor ools B e hide aba Corn | Poultry—Live “turkeys. ‘pound, 35a4s:[corn, yellow, No. 3, domestic, better, [ New York Trust Co; Charles W radio telephone outfits has resulted in & tremendous demand for those Ilncludn Kncueally all the £00d value. and lumber at retail ors in-the state and o moving more freely. There have be-n oducts and Industrial Alcohdl rep- resented this kind of buying, ad- old toms, 35; r and crooked breasts, 30; young chickens, 35a42; staggy, 26a 69%. No sales, Oats—White, No. 2, 45 per bushel; Cox, director, Allis, Chalmers & Co.. \\ C. Dikerman, vice president, Amer,- Koods. The paper trade is slightly | vy year selling agreeme: suspension, and the ratlroad e 28! old hems, 25a27: old 17; | No. 3. more active, with prices trending up- | winieen P rimens | Pate and — tonds the old rates will mean the | Vincih ol Lo 3 polnts, ¢s | ducks, 28a30; pigeons. pair, °R,.l‘\:’::bh“'h;‘}'., 00 per bushel:|CaR Car and Foundry Co; Van Horn pad /e demand for sanfectionery Eleetrical Equipment. loas of millions of dollars to the ,,',:g,,‘.",‘;",‘,',",":;"::“:.f,“ My on ts | yinea fowl, each, 40a7s. No. 2 western esport. spot, 110%. |ElY. Ppresident, American Rallways T and o o 4 2 ws 308, 5 Warm days are arawing increasea | Steady Economic Growth e e ot LVirginia *_chemical, ":n;-;-"o"-;'|um2'y.,‘33"‘;3:;.;";“,23“3‘::5'u?.'.f’ momiasl Mo &) vo quotatione, . { Compeny; B 3. Puller ot Atfred & growds to the soda fountains. s . Pa., March 38 (Special).— | Harvester. Sears, Roebuc! Co.. and | 307 e oo "Sias A —Rec: 157 3 0., New York: G. Herman Kinnicu 4 H 2 g facilitles, Westinghouse e h = young chickens, 34a; ol 18.00 to 21.00 for good to choice ti & o Building operations continue to in-| | Reported in Northwest | Eicciric%ana Manutacturing Company ::,“.‘.‘:H’é‘.‘.’.?.fi"‘J::f".‘.?" LR IO O O QR B e SR ) othy and ‘mixed hay: market irm | 3¢ KIS SARTCN L &, OB T8, YRuk: grease, with a corresponding is still unable to meet the demand for | ot the market und Boston waol houses | agreed that Recessions were noticed in domestic « {SuPPly on hand ample for trade. mentier of the Liberty Industrial Co., demand for I : ENCKES, vieinlty in the last uiet, has taken on a slizhtly be'ter | " Dispateh to rom all parts of the country. | Many business houses are making |[on the proposed ‘advance in steel wire 11.60; No. 1 oat, nominal. dent of the Bankers Trust Co, New one. o4 |3 PAUL, 25—k n.mnuk‘““"‘flfl) ix t"ll‘trflnz prod‘ucuo'-: Infalterations and scores of new homes | announced by independents. Allicd 1 York? Harold president, § b ontitions. senerally. are impraving |0 lined, anil vlaat operations have, gre being bufll. Chemical tuncd heavy in the after- ‘| CHICAGO. Mureh 28.—Downturns in | Guaranty Co. New R L. Wil- Steel Trade N N i ang. genery Mproving | reaghed a basis of 5 to 70 per cent. ' —_— noon. « | the price of wheat here resulted in[son, president of the Columbiz raae Nearer orma] |week by week in the northwest. [ New men are being added to the pay | Call moey opened at 41: per cent. . { the early trading today from relative | Graphophene Manufacturing Co., and | Railroad shipments are increasing | 0!l vach dey. Regular dividends were declated by weakness shown by values at Liver- | Eugene E. Thompson of Crane Than at Any Time in Years th lumber, autemobiles and acces- Five Brick. s 5Washington Stock Exchange Allied Chemicul and United States Smelting declared 871 YORK. March 25.—Butter— pool. Selling here was also induced ]m estimates that the Argentine ex- Parris & Co.. Washington, D. C. board. The personnel is as follows: Mortimer Buckner, president of the A clean sweep may be tuken to mean BY B. B, LALFMAN. Isorfes and general merchandise con-| oo oriE Myren 3% (8 —Fire L BALES on the preferred. recelpts 3,659 tubs: creamery. | portable surplus is 10,000,000 bushels(an honest attempt to recoup losser Special Dispateh to The Star. El;:‘r'.'n"e';: e e rireaSh | brick is baek ARl Pre-war prices oraction—1 ai 634, 25 at 8. 23 at B than extras, In excess of figures herctofore gen- |and restore the company to the Eoot PITTSBURGH. Pa.. March 25.—Ste.l| preparimg actively for spring work |nd many inquivies indleate, 8 teei,, ....1“"‘% Railway aad Eieciric prd.—10 arallsigoepied .5“,.‘.‘:1,‘:‘;’.,‘,%:.‘:{; et shan itee - Production i running between 70 a",[‘dml express greater confidence in|PrOSPechve CRIRTS teh Market com.—100 at 3, 100 at 3, ACTI PLAINED |B2cking " stock, current malk, 10" 1am. "The. opening, which_ varied | ans fer venty-Six Million Deilars. o o o ing Beween 10 ant 10 SIonk becaee o smaiained i CTION IS EX iotanc ' Tne openin, which) varicd | “Secretary” Merion s ot ¥ s | higher prices for agricultural prod- AFTER CALL. Eggs—Firm ; receipts, 36.113 cases. to 1323 and July 118 to 1.18%, was | Bolding proceeds of t ct, and business conditione are | ucts. Peanuts. Action of the Federal Reserve Board | Cheese — Unsettled : receipts, 2.618 | followed by & recovery in some cases|Ury notes A. to pay inte th nearer normal than at any time' $1, 000 Balance, $75 Monthly INCLUDING ALL INTEREST ; SAN FRANCISCO, (Spe- eign countrie . e T > soming until April 16, as there is every | good price. FACE SOLDIERS’ HOME PARK - el e work e " amiona” n s . i, o 1t mow. Secorang 1o ca. Raiiraad Karaings. aminatiens. made by experts, ware pei re steadily -av-m.-hl- Aus- smm!_o LOWERS p!;l‘l'. I S e one et | New York Central for February A \eianey to NOme extent NEWFORK;|March 285Net incoms | the greatest crops df fruit this vear.|$7036,512, as compared with a deficit 3616 and 3618 Park Place N.W. SUFFOLK, Va., March 28 (Special). —The Peanut Growers’ Exchange has completed arrangements with the Extensive building operations ofl mills, will clean up the 800,000 bags now held by the exchange. Dry Goods. FORT WORTH, March 38 (Special). —Retail dry goods trade is on (he Wrick. HAVERSTRAW. N. March 28 (Special Brick manufacturers are luembllnl large fleets of bar in anticipation o( record brick ~ship- ments. Coal dust, used in bricks to jate the heat while baking, is in Detached Homes Open on 3 Sides EASTON, Pa., March 28 (Special).— Cement plants in this section are in- creasing output and’ preparing for greater production as the spring ad- vances. ' BILOXI, Mis: i having the bi here are in their first of this month and the season Potomac Electric 1st 55—$1.000 at 5. Polomac Kiectric §. m. 04—$5.000 a¢ 8%, 90 c- tal ’hh.‘llu 5e—$1,000 at 95. $1,000 at Movey—Cal 1oans. 3 po BONDS, Bid and Asked Prices. PUBLIC UTHITY. | American Te! of taplal Traction K. y and Suburhan s Georgetows Tot ' MISCELLANEOUS. ington Market 5s. AL Cold Blorage 5 and Teiga. 4y in issuing “simpler” new regulations eoncerning the eligibility of bankers' by the Board in a letter of transmittal to bankers, made public yesterduy as “intended merely to allow greater lati tude to federal veserve banks for the h in its own way, of th exercise, e ir descretion and judgment, observing ul- with increased business in accep- tances during the war was pointed to by the board as guiding the banks where “the former detalled regula- tions are no longer neces T id the hat the general advancement “Moreover, it is believed. board, of foreign trade,” with the resulting benefit to the agricultural and com- present time by the substitution of this simpler regulation applicable to acceptances in export and import transactions.” The art of the new regulation “A federal reserve bank may redis- bearing the in- dorsement of a member bank and count any such bill been drawn under a credit opened for the purpose of conducting or set- boxes ; special whole milk, flats, fresh, do., average run, 19132 state s, 2021 ; 20; state, whole milk, fresh, twins, spe- poultry steady ; CHI er; creamery seconds, Lggs—Higher: first CHIC. CHI bureau ceipts, steers one prime load prices unchanged. (CAGO, March tras, 38; firsts standards, 37%2. receipte, 27,105 cases: firsts, 21a21%a; 28 —Butter high- $414a37; 34 23u%3% ; ordina STOCK MARKET. CAGO, March 28. (United States of markets) —(Cattie—Re- 8,000 head: market slow: beef and she stock steady to strong; AGO LIVE veal calves; few lots of choice middle- weigh Hogs—Receipts, ed 5t lower desirable, 10,00, Sheep—Receipts, twos, t vealers at 8.25. 20,000 head: open- © 10 higher; mostly steady to 5 than yesterday's average: top, 100 to 130 pounders, 9.50a 13.000 head; kill- 11.75; xhorn Texas wethers, 9. to the same sterday’s finish, and then by fresh declines. Corn declined with wheat. After tended to lift the price of oats. Start- ing at % off to % advance, quotations later scored slight general gains. Higher quotations on hogs gave an upward tilt to the provision market. Potators—Weak: receipts, sixty-six Te . unfavorable crop re. Subsequently ports from Oklahoma and Kansas, to- gether with cold weather in the northwest and west, had a bullish ef- fect, but the wnarket soon weakened again. The close was unsettled. % Better export demand helped later to strengthen the corn market some- what, but only in a transient manner. The close was unsettled. % to %a% net lower, May 58% to 58%. respective regional banks all of lurn balance, amounting te $50,132,291, by Thursday of this week. Traetion 5s in Demand. = S < = Suffolk Peanut Company to operate | 5,1,000 at U5, 31,000 st 03, 1,000t 85, | acceptances in export and import trans- | sigs, 204201 ; do. average runsid%a ~ At the same time the first draft on the cleaning plants of the company at | &t o0, .'. a5 4300 et o 5L b o0 | actions, which has been interpreted as | 20. * : & A i o to N e e thiiie | Treasury certificates T. M., 1923 10 full capacity, which means about HIQD 3 31,000 at 05 offering increased opportunity for| Poultry—Live, easy: broilers, by ex-|power to rally. per cent, or $26,62: was erdered bags dally. This output, with sales 19 ingion Ga Aeriou's Toelgn trade, was explained |Press. 50a80: roosters. 16. Dressed " Wet weather delays to seeding |P3id in on the same date. There was 2 good demand for Capi- tal Traction 5s on today's session o the local Stock Exchange, large being made at 35 and 95%. The stock was steady at 95, w ! upgrade. March, it is believed, Will | American Tel. and Telga. 41gx. . ys, of course, the express and im- o ol Aot ael al United States shipments, | Rallway preferred selling at €8 |=how a 1¢ per cent increase over | Am. T Ter. il ir, 3. plied limitation of the law L B o Do Wisconsin sacked round white. | Old Dutch common sold at 3. February. o e tis. Experience of the banks in dealing lower; fowl sacked Red Bankers te Meet. A meeting of the executive couicil of the District Bankers' Associatini has been called for next Friday after noon at § o'clock at the Washington Loan and Trust Company. At that meeting F. P. Reesidc chairman of the building and hous- ing committee, will report on the rce supply. be fitted for show purposes, 9. v Masonic Temple proposition, as re- o 7 mercial interests, which are largely 3 lower t advance, with Ma ‘empie propo 3 dependent upon foreign markets, can | 5teady to weak; veal calves. we: T e e ey iy 1183 to|ferred to some days ago in this col- Cement. e P e e ectualls at he |lower: stockers and feeders steady: | 33is. uma. packers. bidding. 7.5028.00. mostly on In the event of approval by the council of the mevement the mem- bership of the organization will be called into session for fingl action It is likely that the couneil also wii er some action in cemnection Riggs Realty 53 (long). concerning eligibility of bankers’ ac- St . A o . | Rigas Realty 5s (short). coptances in export and import trans. | 10:50 early: very few over 10.40; bulk, | , WHEAT e fl',’,‘; Jar:, fies | with the 1922 annual convention. Special), pington Market s, otlons was announced as follows: 9.75a10.40; pigs, steady to strong; bulk | J¥ - e 1% About the only place that has been given serious consideration by ofli cials to date is the Hot Springs. \ White Sulphur Hotel Company is als. lanta has reduced its discount raie from 5 to 4% per cent. This is the story. - STOCKS. 00, :‘rl;ml:-)é vT:'cend"r‘x:v‘w l'l:")l::)"sl:'t"dt‘;:- SRLIC ,,-,-,L,“. i having & maturity at time of discount | In8 classes steady to 35 higher: top asking a return visit. | Gulation, " Packers have paid taxes on o Tl of not more than three months, ex- | wooled lambs |i610: winter-shorn Getting in Line. | 400.000 barrels of aysters up Lo the Traction clusive of days of grace. which Las | (¥ImBs 00 ) T O earlings and The Federal Reserve Bank of At extends to May 1. Onilons. NEW YORK, March 28 (Special).— A high point .Olllls;u‘lre high here. are on the way here. hip: relieve the defic! y te some extent TRUST COM Ameriean Security and Tru Centinental Truat tling accounts resulting from a trans- action or transactions involving any one of the following: “(1) The shipment of goods be- tween the United States and any for- eign country, or between the United States and any of ita dependencies or insular possessions, or between for- of American Smelting and Refining good, 1 shorn Texas wethers, 9.7 few 102-pound wooléd ewes, 10.00. LIBERTYS SGORE NEW YORK, March 2 .—Recent un- BUMPER FRUIT CROPS DEPEND ON WEATHER DOVER, Del., March 28.—If the theu- sands of fruit trees in Delaware and the nine counties comprising the eastern shore of Marsland held off from blos- running into the millions of dollars in value, that this section has ever wit- feurth reduction since January, 1921, when the ra‘e was 7 per cent. Gov. Wellborn declares that busi- ness is improving, that the lower rate will stimulate business still further, but that tha will not be normal until another crop bas been raised and marketed at a section of the ceuntry of 364,370 a year ago. Louisville and H. R. HOWENSTEIN CO. 1314 F Street N.W. | Rubber: Hajiona) Savin !;‘;m s °""‘”:°’i' ;:z‘;lfod A | ettain pricelchanges!inihe bondimary | Bisse evenue of $1,335.964, 1 | ] 909, a decrease o accord- ond mar- revenue o as compare: | WATERTOWN, Mass. Mareh 28| Union Trust 5 3 Laxt@ear an early warm spell in (Special).—The Hoed Rubber Com- wumnnu Toan ‘and” “Trus ing to repor Total income lr;:! ket were continued today on reduced | yarch caused the trees to blossom. 'I'l“h' ,:fi:f:'f“f","l,"' 455 for the sales of metals was $130810,592 and a sleet storm on April 11 killed practically every blossom. This year The cold weather has so retarded the operations. ~ Liberty issues were strong at gains of 10 to 20 cents per SAVINGS BANK. lrn--em agd Bavings. New Haven bLrought in a revenue of $1.798.772, as compared with a Feh- deflcu of $3,654,629 in Febru- cents a chare higher X 3818 0 FEDERAL RESERVE BOARD |rument fieets ‘o5 to 51 score): H pany plants here are runnln’ 70 per cent of capacity en rubber footwear |and 100 per cent capacity en auto- erease, $36,117,889. and net operating income of the smelting and refining Toary i | | i | l | | mobile tires. normal sales of rubber footw The last winter saw (e remen's Nationsl Unien TITLE Columbia Title .. lcnm.y and 8 '-gxln Marker N. & W. SHOWS DECLINE. plants before providing for band in- terest and d:prtchuon $5.810,770; de- crease, §i $.649. The reporl says the cnmp-m llqu!duled $12.000,000 of its indebtedness to banks without in- except its bonds and usual current bills.” poor showing, it is declared, is the extremely small mine production .of copper, sinc and tin. The main factor in the year's TRAVEL COST HITS U. C. T. NEW YORK, March 28.—Statibtics compiled by traveling sslesmen prove that the high cost of traveling is ymen in the United State: in practically every line, { 1s sald, are reducing their forces of traveling men, an official canvass showing that the cut in many Inn as 30 per cent. In length of the trips has been reduced. hundred dollars. Foreign offerings were ban R mixed. Cu- cpublic 4125, Brazil 8s, Mexican buds that no trees are budding, and | this means that the blossoming that usually occurs between now znd the first week in April will be delayed 45. Denmark 6s and Copenhagen 5':5|a( least two weeks. tine 58, Havana Electric &s French government 3s. Among rails Central of Georgia con- solidated 58 showed marked heavi- ness, deelining 2 points. In the main, howev er, transportations. industrials and utilities, including local tractions, were higher by fractions to 1 point. Trade —_— DRY GOODS DULL. rs Seem Still Waiting Cotton Mill Developments. NEW YORK, March 28 (Special).— Traders seemed still awaiting further because of, the rains. which would d stroy the spraying benefits. Cultiva- tion of orchards has also been delayed by the rain, which has turned the red lclay soil of Delaware into a muek. From every section of the state, and particularly frem Bridgeville, where there {s located the 70.000 apple trees of the Delaware Apple Company. the fargest Iruit joperation in this come reports of the splendid tion of the fruit trees. VAN CAMP PLANé PLANTS. 'Wlll Invest Millions to Extend nelnure and Hudson in Februar increased its revenue from $136,902 in 1921 to $1,384,322 Minor rail corporations also showed creasing the funded debt or i8SUing|showinz a firm to strong tone. Orchardists who have been eager to “The company.” | “This was offset by moderate reae- |spray the trees to prevent the dread- |3 material change in earnings for it says, “closed the year free of debt.|(jons in Chinese railway ed scale have been unable to do so | the better. Challenges Preeof. E. C. McDougal, president of Marine Trust Company of Ref challenges any one to cite a sii incident where a tederal 1voer o has charged rates not justified oy the market and the risks. In an article just issued in the Journal of the American Association he refutes the charges and says that country banks fr. - quently charged high rates and passed the blame thercior to the city banker unjustly. “1 claim,” said Mr. McDougal, “that at all times, at all the federal reserie banks, there has been plenty of credit at fair rates at the service of the the made ROANOKE, Va., March 28.—Total developments in the New England| Packing Interests in California. coumrf h-nk:} \\fl:mn welrle h.lm la:n. erati v e cotton mill situation today and th S . _|&erously overtrading, available either operating revenues _of the Norfolk S rlat for mptiat Sloths wmmueg SAN FRANCISCO. March 2R.—Van|directly or indirectly through their and Western Railway Company in 489,356.03 in according to 1921, declined from 1920, to $80.760,588.97 the company's 1921 annual statement. Gross income declined from $17,936,- PARIS'BOURSE HEAVY. PARIS, March 28—Prices heavy on the bourse today. per cent rentes. 56 francs 80 centimes; exchange on London, 48 francs, i1 centimes; 5 per cent loan, 78 francs were Three dull_with bidders naming lo for 38 first hands unwilling to press sales. ket w. at second hands. ¢ offers s, with for The general tone of the mar- as soft with shading reported The foreign de- 15-inch 45X69s and 68 Camp Packing Company, with more than $30,000.000 annual turnover, is (o establish plants in California. Four have been acquired and wiil be extended to bring the annuai production in this reserve city correspondents, which in turn should have furnished the farm- ers at fair rates, not for speculation in farm lands or in farm produets, but to grow and harvest their crops and to move them to market, for salc at market price: 73984 in 1930 to . $15,587.342.93, |95 centimes. The dollar was mand for sheetings was in evidence han 1,0 ,587,342.93, aquoted ngs ) state up to more than 1,000,000 cases a 2 and those descriptions manifested & | - W. B. and A. Earain; ::d :';?o«‘:"f:zmzel '"’g"{g;l‘“ “fi‘ at 11 francs 19 centimes. slightly better tone. Twills, drills|Year- At the annual meeun ::- stock showed & decline of 27.0¢ per eens and sateens were dull. An almost immediate investment of |, AL, PS, SROULL TNEELUDE Of stook: DIVIDENDS. Raw silk prices showed little | between $3.000.000 und $4,000,000 will be | and Annapolis Electric Railway Com. under that of the previous year, and ssenger trafi change or activity despite the some- | required to carry out the company's terday at Al 2 R ring 18 eameaty, BT Sockof Tas- | what firmer tone reported from | plans. ‘The planis will work on an all- e oot G.:::,”‘?,‘."B;'.'fl; i3 cord, able. | griental primary centers. The mar- | year-around basis, paching the various | pregident, on last year's eperations clal ld four 1 per cent quarterly divi- d steck and four 1y dividends on b dends on its prefer: 1% per cent quar its ecommon stock. 81 April 13 Co., q. prd, $1.35. .....Maz. 31 April 15 cintyre Porcupine Mines Mg April 1 May 1 Southern New Bngland Tele- phove Company. g, $2. —_— ket for finished silk goods is show- ing sil ment, woo gns which make for Iimprove- however. L SHOWS BETTER-TON Buying at Boston, However, Not in Van Camp products now on the market when not working on the seasonal fruit output here, which the company 48 to add to its list Eastern demand for California fruit has led the company to decide on a full line, including cherries, peaches, apri- cots, pears and berries. The cempany was submitied, showing that the company had been able to earn a nn income of $230,531, compared with in the previous year. Oper- -.uon- for the year are not easily compared with those of 1920 for the reason that the latest report covers operations of the Annapolis Shert s s 'S, will encourage agriculture and stock- d bushings that wear more y and stay __ corTox manuEs. 4 il dncourage agrlcaliure and ‘siosk | PRACA \en"Yas taken ‘sver in Teb. NEW YORK, March 28. Further fr i i ruary of last year, but as the Shert longer—these loo the Be rains in the eastern beit and the Heavy @uantities, utilige the capital Investment to its full- | ;e nad been operating at a loss itx ger m Represented firmness ot Englis BOSTON, March 98.—(Special)—Re- | St eXtent: inclusion, except as it profited by the ements of unusua[ value Wlth the at the an advance of 2 to & points in the | ports that the clothing manufacturers combination, would not mecessarily New Series of the It reliability, the sav performance, whic good these which assure the tlgese are rendering is such everywhere. . April 11, 1922 8 seien of held This is the feurth of Auction _Bales being. KL 7 s & a"nm m-- e afema that 'li dieative of the R for catalogue and full list of m-lnfllthl Office Supplies cotton market at the opening today. Liverpeol was a leading buyer at the start, while the south sold moderate- ly. There were offerings of July from spot houses, which forced that contract off from 17.08 to 17.03 after ady: May, 17.70; 1..76: December, Jlll , 1 .05 January, NEW ORLEANS, Mlnh 26.—Heavy rains in many sectiond of the belt gave the cotton market a firm under- tone today, but buyers were not ag- and members of the garment trades unions for @ somew] were approachipg an agreement lower wage scale imparted a hat better tone to the wool mar- ket today although buying was not in heavy special advance. The tone of Prices showed no quantities. the market reflected also the trend of the Australian markets*and the firmness of the ‘Wisconsin, London_auction sales prices, Missouri and average New England wools unwashed were about 2, blood and 36 for i blood. 38a39 for half blood, 38a39 for Best e SUGAR MARKET QUIET. NEW YORK, March 28.—The raw sugar market was quiet but firm early with spot Cubas quoted at 25-18 cost and freight. equal to 3.92 for cen- trifugal, and April at 27-16 equal to 4.04. No sales were reported. The raw sugar futures market was quiet and a shade heavy under light liquidation with .pricessat midday 1 to 2 points net lower. Refined sugar was unchanged at 5.4025.50 for fine granulated. make the purchasing showing any bett Operating reve Bishop reported. were $2,512,5 pared with $2,092.334 in the p: year. and operating expense $1.810,454, pared with from auxillary operatien: 904, compa total net operating revenu 990, compared with $61 company had other inco company’'s compared with § of 5 Car, Desks. Ty) hair i d futures were without trans- left gro - ouring $885 ve and in the early trading the | combing mol s qunted around | Refined ful we! 621, which, after taxes, left gross i T » Roadster, 3885 Sedan, §1488 Coups, 1008 o Lodne:, ek | e Ammountea o but & %o | 29832 action. gome of 3750489 Deductions £ : : sl dntmill o e e e:'“',‘"s':h 2 it Conions - o ey he met Income s sissed Office Tyl iters, e effect At Wi r conditions N leavin Colemiie Dictaphoner, Sie: would result {n serious delay to new | RECOVERING FROM WAR ILLS. FORMISS ERCHAREN. The weneral balance sheet shows .Exhibited at the Automobile Show Subsistence crop preparations.in the central and eastern dlvlllonl ?f the belt. May traded up to 16.50. RIVERDALE, Md., March 28—Dr. Max Wall, a former Riverdale physi- Selling chacks—dollar values at paon today: Quotations furnished by W. B. Hibbs & Co. total assets of $16.646,212, of whick llfil'l 830 is credited to road and ment and investments in affii- l-tetr Its current Anchovi hl. " rated Apricots, Baked Fuytures épened flll!! May. 16.47; |cian, now practicing in Hamburg, compani sets H. B. LEARY, JR, Béane,“xtia oF Bect, Chutaey. giim: | Julyi 1638; Gotober, 16.98; December. | Gormany, in & letter to & former pa- are given as $943.666. including $235.- ' 3 Herriag, mu-a Glnger, Assorted Pre- fl |15 8¢; January, 15.74. T . Bays: “Everybody is werk 200 In cash. All the directors were 1321-1323 14th Street y B nee, Pork - Eghart. & Cranbe: Crastorey 8 Hardware L!VERPOO 28 —Cotton! spot qu!n pri 11 lnmh cables lx]lnell ing In Germany, and you will find that the recovery of Germany will he very id soon settled. it the reparations question is Nobody talks of wa: re-elected and the direet im Thediately organized by re-electing | the same officers. 'N shville enjoyed a net operating 1% | N Telephone Main 4105 ters, o i i Cool Food ordin; 33; ordingry, e no longer soldiers in By the Associated Press. 3 pins’ e, B, rass ana " Copper Eone, °7:000 wop. including’ 5,100 | 15 be seen In the streets. Everybody| NEW YORK, March 25.—Foreign ex- JORDAN CUTS PRICES. Keetle, Dishwashing Machines, Tin, Paa, | American, Receipta, 16,000 b-;\;{.“m; is peacetul and industrious. 1 |change. stewdy. Great Britain de| nmw YORK Mareh 28.—Jordan M- ke Coftee 8poons, clud L2 «A. the prices are e people | mand, 4. ; cables, 4. 3 tor Car announces at ca ro- Trive Stegin Disn bryers, Cofie St I | Slonea iteady - Mareh, 1035; Maxfi(ve yery Feheaply—1 mean on very: bills on banks, £33 O i 11 cat ol o oy 3ere, : "m s 10.! Jul loh'r. 9.31; D® |i1tie food—and spend very liitle for cables, 9.01 has made ible further re- MAXWELL Commanding Officer, Atla nta O Isitermédiate Depot, _Candler Warehouse, ¢ : tlanta, Ga. A . e | sember, N'. .hn\ury. 9.63 —— LONDON WOOL ACTIVE, LONDON, Mareh 28.—There was a large attendance at the wool auction sales, Competition was active for the best and superior merinos, but the: ..____.._____ - the! littTe reet R and amusement. Puldm 1 feel sorry for the children and for older people Who are past work. “You would be amazed to see how many old people go from street to every morning l.o seek old rags in the ' hich 1 put on the ed[. of the foot- 5.07 d nd. 20.9 deman l’u Spain, demand, 15.53. Greece, demand, 4.33. Poland, dema ‘season. s T, prices of Jordan cars. The reductions range from $300 te 3400 on the Jordan line. In twelve months Jordan cars have been reduced $1.055 or 37 per cent, the latest cut bring te- pre-war prices. On the v R was lesa demand for inferior to be taken away by carts.|.02%. Crechosloy :klm demand, 1.75. | production of the Jordan company : 2 zrades snd some were Withdrawn gery bit of old stuff seems to be,of | Argentine. deman Brazil, de- | 1921 was only 7 per cent less than the gl H = l..auu wiek's priees were malutaioed, ' ¥ yalue for sume purpose.” mand, 13.60. - peak of its output, altained in 1926