Evening Star Newspaper, March 1, 1923, Page 27

BUSINESS GAINS ALL OVER SOUTH Conditions Nearest Normal of Any Time Since War, both sald to reflect better business conditions over January of last year. Conditions in agricultural commun- ities were described as “greatly im- proved” because of the relatively greater returns recelved by the farm- ers for the last season crop. Freezing temperatures experienced In man parts of the district during February were belleved to have destroyed large numbers of boll weevils and reduced the amount of weevil damage to the coming crop. Reports indicated a material crease planned for cotton acreage. Large quantities of fertilizer are be- ing purchased by the farmers, it was stated, and preparations for the com- ing ctop are well under way. THE EVENING CRUDE OIL PRODUCTION SHOWS SLIGHT GAINS, Increase of 27,150 Barrels for Week—Drop Noted in Daily Imports. STAR, . WASHINGTON, RAILROAD EARNINGS GAIN Pennsy, A. C. L. and Others Make January Reports. The Pennsylvania railroad for the month of January shows railway operating revenues of $55,648,930, a gain over last year of $10,061.859 operating expenses amounted to $47.- 715,7945 an increase of $9,419,912 as compared with the same period of 1922, The operating ‘income also Showed an increase of $629,019. with that item totaling $6.215.146. Operat- ing income was $5,162,065, a gain of D. (., THURSDAY ROCK ISLAND ROAD ASKS $1,000,000 BOND ISSUE The Chicago, Rock Tsland and Pa- cific raflroad applied to the Inter- state Commerce Commission today for authority to issue $1,000,000 in 4 per cent general mortgage bonds. The securities will reimburse the road's treasu for expenditures made on additions and betterments. BIG JUMP IN SALES. CHICAGO, March 1.—Februar of Montgomery, Ward & gated $9,062.304, comyp MARCH 1 {mand for spring fabries 1923, COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY March 1.—-Buying has en on more vity today in the big local department stores, and de- s expected to increase, as a result « ing week and the £how soon to be held shion home sew- FINA NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office. IAM F. HEFFERNAYN. March all classes of stock shared in the up- ward movement on the curb exchange Copper stocks responded to a further increase in the copper metal, this time to a new high price of 17 while the action NEW YORK today. cents a pound, Penn Beaver « e u new topat while Pennock. Salt Creck Pro ducers and § ‘reek Consolidated among the ents moved up ward. ained almost points, of the advance Merritt w A from trading. The teo Motor directors in declaring an extra dividend of 1 per in to the 13 re for the presen: $220,196 as contrasted with the pre- vious year. The galn in freight traf- fic for the month was $7, 881218, with SEATTLE, March 1.—The largest store in Washington just sent a large staff of Europe to lay in large Bri and _continental Utah Copper directors in placing this | stock on an annual dividend basis of $4 also had a stimulating effect upon the group generall Ohio Copper S ! was in demand, while United “m;‘.’,’]:"' I l'lv;'m:f“::)";"_'r""'-‘ Verdi tension remched higher lev- - cls. The rest of the group were, for the most part, higher, close W Standard of Kentucky was con-[for the Kept on in Durant of spicuous in the upward movement of | Delaw d the stock crossed the Standard Oils, still reflecting the Reports of early listing on the sto recent dividend action, while Galen PXxchange brought about a renew nt purchas- | Signal gained 4 points before the rise Ctivity Household Products AGH #he < checked. The nce sheet of of Delaware was This ter | Galena Sig as December 4 new high record. shows profit and loss surplus of §1 6. compared with $1,092,841 on December 31, 1921. Imperial Oil of {Canada made up the greater part of Revlew Reveals, stock above 15. But adv ce was off-set when taking from the higher levels encountered. Cleveland motozs ted its action of the previoue when professional operators . against e Operations= Bank Deposits Grow. the Assoclated Press. Debits to. individual accounts show: W March 1.—The daily ed substantial increase over last year, |average gross crude oil production of reports declared, and saving deposits | {rerre BIOSE FEHCE BT PIRCUFHDR, 0 | were 125 per cent ‘greater. Banks 2 iy were said to be in better shape than |barrels for the week ending Iebruary a year ago and there is every Indica- [ 24, totaling 1,784,709 barrels, as com- tion they will be able to take care of | pared with 1.757.650 for the preceding the crop requirements without difi-| oo uccording to the weekly sum- culty. 5 Increased production in cotton cloth |mary of the American Petroleum In- stitute, The dail. reported net of $91.967, against $54 sales, of lust y manufacturing was eet forth in re. borts, with orders on hand at tha end |age production east of the . « 3 of the month approximately 80 per[§5° Producion oY | 299, and gross. $265,573, against $225.- Americnn. Ite a gives evidence of a lent greater than Junuary last vear. | ; i . anf g7y utures a4 huving po CenvimTes 7 compared with 1,162.550 barrels, a de- March. 15.74: M G MENEEPOeLS crease of 7,850, California production $ ctober, 13.9 was 630,000 burrels, ax compared with SLUMP IN SHIPPING. uary, 13.44. B0, e o o tcted by | BALTIMORE. March 1.—One schoon- today. Demand from the south is good | the dividend that came off the stoc e “American Petroleum’ Institute, |[eF and 156 steamships arrived in the| SFRVICE ROUTE OPENED. ,#" there is excellent inquiry from Vacuum Oil was another t the imports of petroleum (crude and |POrt of Baltim uring February, St 2 e ast. Hams salt meats are | was in demand B O e rincipal iniied |8 compared to 225 vessels in Janu-| ATLANTA, March 1 (| 1).—The z Of the total. 129 were of Am.w Southern way today out its States ris for e week ended - |ary. ¥ with 24; Norway, 'rrlm Atlant "his we Pv- 1 ilv averase of .'.,,.pflm Groat Britain, bre- | Wi 179 barre Denmark. Sweden and Danzig. age of Tor the' Week ended |8 oach: France, Germany and Japan. | ¥eobr i 2 each. and Holland, with 1. 2, 777777 v 84,685 for February, department seé of 6.8 per cen state has that figure standing at $37 announced today Luyers to The Atlantic Coast Line's i ks of come for Junuary stood at §1.920391. s against $843,474 the previous LIVERPOOL COTTON. seavy GYoss was 37,115,731, against $5.305. 9 118, LIVERPOOL, March 1.=Cotton = The Virginian railway showed a net | Spot, limited demund; prices steady. of $144.950, against $418.660, with [Good middling, 16.49: fully middiin gross at $1.608.179, against $1.415.160. [ 16.34: middling. 1 low middling. The Pittsburgh and West Virginia good ord ; ordinary the early profit was dupl session bid th Optimism pre- mmereial. industrial and activities of the sixth fed- eral reserve district, it was declared today in the monthly business review jssued by the Federal Reserve Bank | of Attar The district is composed of the states of Florida, Georgia, Tennessee, Alabama, Louisiana and Mississippi Business are nearer vades the finaneial PAUL, On the basis of present Luyi cilers today pre- dicted tha . hicles, truck issued today . mon 3 a4, and Columbla Gas and common stock et no ue were admitted to cran- |ing. Shelton yms_ was traded in sligtly abov while initial =ales in Coloumbi s took place at 37. rch 1.—There is a CHICAC h in packing house products BURNS PLAN APPROVED. s NEW YORK, March l.—Directors of Burns Bros., retail coal dealers, have approved a plan of recapitaliza- tion to be submitted to stockholders ng called for March 31. De- ils of the plan were withheld, al- though it was reported that It would involve ance of $10.000,000 ferred stock and increasing the mon stock to 500,000 shares. NN, men say that conditions normal than at any time since the oubreak of the world war, view assertec dding that “without exception” ' reports state the “outlook bright, and the esent time there are no alarming ‘elopments in sight Trade Conditi Whelesale and retail Vi, ding the demand PHILAD sale whoe d ptionaily b cotwear for and is taken to reflect ant of higher prices for rubber goods LPHIA. March 1. —Whole- | NEW March 1.—Following Cale & Towne new 617 627 today reported an|is an - t of bonds and| A Taxi Co N Y 1317 131 v demand for rub-{stocks traded on the New York MINING t Curb Market today: Colo ! Sales in thonsands i 3 Allied Packers s B Alum Ty new ‘33 1061 1081 it with | fce is des i deviand for o from | rehants. | I 722 777700 Bet 2 com- trade quicker sery shipme local wholesalers to island n were Mont_Corp aras Coppe 0 Mayfower Min ot & Jerome | du Cop nario Copper . Tex.. March 1.-One r\ from this section just 1 s100.0m. " “The about $50 in Oklahoma will be deli 1 reh 1. -Sheet con- t difficult to place well filled and a | aring makers A large piates. | 1 Beaverbourd 6 Beth Steel T Meth Ste t Ry Equip Nat Ry s Can Tac b Cities Servic ive 75 T Haito fs AL arders. With bool, raw steel shortage not hungry for el I ank sson Gold Crown SHORT TERM ations furnished by Ite Edison _6s. Nothing is permanent but change, says the phi- . ‘ ! B imenum Co. of Amer T Dualon &I losopher. It is the law of the world. j = 3 per o 2 Fisler Ry s Robt, 75, Diiait In Copper There are ten points of change in men’s fashion A o for Spring, as portrayed in the Cambridge Model. |35 0 That you may be dressed in all points like a man|; we are giving them here: ' Hood Ruher 7 endence Tead T Kan € Pow Lt oe.. Tevelo 11 Kennecatt Cop s, . 3 Lake Touikvilie G & 1 Pell Tel 1 Py 1 Fuly Serv 5 Sears Roch Shawsheen I—Loose, casual drape of the coat. 2—Short, rolling collar, notched lapel. 3—New button spacing. 4—No vent in coat. >—Vest cut higher. 6—New button spacing on vest. hed by Redmond & Co.) ot Lopper exell & L Ny N Y Ny 3 olvey et Cie 0N Y 6 sthwest Bedl wift & Co Tidal Osag Cnited O3 Prod &s 5 Un Ry of Hav 7las 1 Vacuum Ol 7s . 5 Wasne Coal Gx Mines tver Lead Argeutina_Ts King of Nether STANDARD OIL ISSUE! ancemw. anoRBeEET. T7—Wider trousers, draping in straight lines. ! ’ ) ] 8—Bell bottom with cuffs. 1% = TN | Sates, 9—New semi-top pockets. o s HV:"”‘" fx 10—Can’t slip waist-band—an exclusive Society 3w : Swea ot Brand feature. ntal Ol new’ 46 ' i nt P L.. 10 360 Gal Sig OIl.. .. 5 W 1300 Humble 0 & It new 10 PG 5 40 Imp 0il ‘of Can. ... 4 bt 110 Pay- L W SUGHR HHEST rand Tlothes 4 e That these changes are skill ful]y executed and fashionably hand tailored by Society Brand is the evidence of vour own eves once you see this model. 4 oriety ¥ DIVIDENDS. Stock of P W penn i ) Vacuum O new INDEPE oo ia hundreds Mar. 13 Apr. 10 Ark Nat 0 Rig Ind! Catdinal Pet New Level Recorded When Sales Are Made at 5 1-2 Cents for March Shipments. 100 Nat 1 5 the Associ NEW YOI March Old “Tut” And SR i ente Any Color, So It’s White e il ) i > : BU s todas and_ prices were k The New i, Cutas selling ac g1 Vianhattan White Shirts Tuxara Collar $2.75 to $5.50 v high recovd fo e the ighest prices ne 008 G core -Te were sales Rangér of 2 @ s for March = at 59-16 and In addition to the regular Manhattans, we are featuring the new Manhattans specially cut and tailored for young men. No fullness —no wrinkling—slim—but as comfortable the proverbial old shoe. Immaculate white—perfect tailoring—custom fit.. 1.—There was Sar 10 UMar. < 3 g Amer Ol pRRW sugar futures were firm, re- Lowsy O . ecting the advance in the spot mar S oW Ol . and opening prices showed ad- 515 s of 12 to 32 points. The ex- pected crop estimate by the secre. tary of agriculture of Cuba was not officially announced, although it was rumored that the figure would be 2 the neighborhood of 3.500,000 tons. and this was considered partly re- spousible for the firmer tone of both Fastidious as he was, we are very sure that if Tut- ankh-amen’s spirit were re- ; embodied and he should re- i"‘. et turn to earth, he would in- Pt e O & ! AT gL L Cen iere was fresh commisston : , Apr. : 3 } buving on the advance. but the collars and the Batwing ties . - : in his wardrobe. # 4% nt... % avr id was supplied by realizing. B ; 5 = Collars, 20c¢ Ties, 65¢ 1o $1.50 ; o RAW SILK GOES HIGHER. Cotton Cloths Market Also Scores ' T Wilcox Oil & Gas lbuyers inclined to Advances. 2 201 i ol o nearby i Prices were redueed of the local | points b for fin I\\:r» unchange. Mexican Ol | Midwest-Tex Mountain_Prod q. SLpf... 3 . 15 1 0il_vot ew Mex Land able 0il & nued on the dips. ket steadied up t midday 14 to Ktatex Oil exas Ranger exon Ol & Tand Tidal Osage Oil. points net The market for refined | settied Ly the action of I market and business was un- the spot was light, with limit their pur- requirements. points by one firers and advanced 25 \other to the basis of granulated. while others at §.5029.00. | TODAY'S COTTON PRICES. Regular shirts in sizes 14 to 19. Sleeve lengths to Spocial Dispateh to The Star. . March 1.—The market cloths today was very vances were shown of the standard construc Standard print cloths led the 1 64 by 60s at 1%, and 68 | % cents. Sheetings were and stronger, and twills, drills ma checks and d satisfactory bu w York silk market took an- | purt upward today, and great | firmness w; 4 a resuit of the adv i Quot me Conl Aeme Pack i Armour Lenther. . Am Cot Fab pfd Am G & Boew wi Am Drug e Am L & Tenet..... Ar & Co of Dei pfd Arn Cous Uo w i.. i Atlantic_ Frait.... Bklyn City R R 9 | 3 Buddy Buds .. i | The Bucknell Dobbs Sth Avenue Hat—-*7 and °8 The shape is English, very, and the style has an i air. It is different—a . l difference of distinction; o 1 4 | many men prefer to wear it with a crease, as the fel- low in the picture. $8. Unlined, $7. Young men’s shirts in sizes 13 10 15%%. leeve lengths, 31, 32 to 33. cotton jfirm {Market Steady on Liverpool and ; Galveston Reports. NEW YORK, March 1.—The cotton } market made a generally steady 3 showing cduring today's early trading. ! Early calles from Liverpool were a° shade lower than due on old erop i months, but press advices sald it was doubtful whether Lancashire spinners ’ would the organized _short L time p al. ayd there was some he masket here on reports arge exports from Galveston. Futures ope eady. March 005 May, 30.0. 29.05; October, 5.80; Decem T Car Light Congoieum Cent Teresa Cent Teresa Cent Rilfbon Centrifug_ It g0 Nipple . Charcoal 6 Check C Mg A Wi Cal Carh Co vt cfs Col G & E new w i Cox Cash Stores Coyamel Fruit Durant Mot Durant Mot of ‘Ind Firestone Tire . Fay Taxi PARIS MARKET FIRM. PARIS, March 1.—Prices were {on the bourse today {rentes, 58 francs 40 centimex. Iix- on London, 77 francs 45 cen- | Five per cent loan, 74 francs There are shoes and shoes, and then there are HANANS, We are convinced that they are the best shoes in the world for men, and we are hoping for an opportunity to convince you. firm Three per cent el NS, March 1.—Declines 1 har w ardner Motor ... of 5 10 8 points opencd the tradimE The dollar was quoted at 16 francs | len Alden (oai . 1t cotton today, PoSL cables ardithe centimes Govdrear Tire 1 143 L, ldry and somewhat warmer weather B D W 3 over the belt causing moderate sell- Hall Switch . ing. Messages to brokers nere from Hall pfd e :lmlmrn. luixmr‘ng t\haL ‘Ln:; uns:h: Hagsellold_Bro actors’ stock of spots in that markel Hyarox Corp had been reduced to only 10,000 bales Inter Contl Hubber and from Augusta claiming that the Lices M ... factors’ stocks there were only 16,000 N bales, brought in new buying which, % Sup o of el by tlie end of the first half-hour of ew Fit Pub C the session, hiad prices 3 to 12 points Y Canners w over the level of yesterday's close, N Y Tel Co pfd May fell off 1o 20.10' and then rose to Onyx Hose. 2 3 Oselda Cor 4 Cotton nnPnrd Peerless )‘;rr;l May, 29.40; Fenn C & C Decemb Philip Morris Radlo Qorp ... NEW YVORK. March adio Corp pfd. bids: March, 20.8(; Rep Tire & Rub. i Res Mat .. .92; October. Rosenbaum Gr' Gor Schulte Stores - S0 O &I, Stuts Motor . Technical Prod ... Tobacco Prod Expts ‘Todd Ship Unit Prof Shar new Unit Retail Candy. Thit Shoe Mach. (o US Lt & Heat ... ©8 Mo 0 &6 Wax The_ style sketched is $15 in tan kid; $14.50 in black or tan calf. A combina- tion last, fitting the man with a narrow heel perfectly. he Hecht Co. et eiming dury 1 105 The igh e Heeal year beginning July 2 e right | - in reserved fo reject any of all bids or parts | and_dry colors must be received at the Bureau 7 {of Engraving and Printing not later than 2 55 p.m.. Monday. April 9, 1923.° Samples oll | paper box blanks, paper and check paper must LP received not later than 2 p.m., Mond lAl’\r“ . Blank forms with specifici tions proposals, giving dates on which the i bids for the several schedules will be opened, and_further information will be furnished on | application to LOUIS A. HILL, Director. mhl-th-4t FICE._(F THE COMMISSIONERS, D. C. shington, March 1, 1923.—Sealed proj ¢ill be recelved at Room 509, District building, until 2 o'cloek, April 1928, for fur- nishing and delivering !(lt(nn'r,\“ School Books, Furniture apd House Furnishing Hardware, Plumbing Materials, Paints 1 lectric Supplies, Kindergarte: ts, for the Di The Corsair Bovm ity 1.—11:45 a.m. May, 29.90; July 60; December, 25.17. 23200 o @ S~ Sual Bl o8 blue it appears, w! ning appears red o un and mcou -near the horizon. PEIREE