Evening Star Newspaper, April 2, 1923, Page 23

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ROGKEFELLERS O UP 0420110 CENSUS GAIN DROPS. By the Associated Press PARIS, April 2—The net gain in population in France for the year| 1822 was 46,434 less than for the year 1921, summary of the 1922 vital statistics, | just issued As compared with 19z1,| the full figures follow: Holdings of John D., Jr., Show s Enormous Gains in Market | Value During Year. NEW YORK, April 2.—The market value of John D. Rockefeller, holding In Standard Ofl stocks creased $104,201,000 in the last year, according to a tabulation tuday by the Lvening World. | The amounts of market appreciation | 10 the various companies is given by | the newspaper as follow: Standard of New Jersey, cnmn:on.\ $16.508,000; same, preferred. $108,000; | Standard of California, $16,939.000; Stundard of New York, $37.023.000; | Atlantic Refining, common, 16,000; same, preferred. $68 Ohio ' Oi), 24,000; Prairie Ol 4,000; T3l $184,000; uum O ! vailed SOUTHERN RY. MAY | RAISE $12,300,000 i 1. C. C. Approves Financing Plan | to Cover Cost of New i & i Equipment. | I Railroad security issues totallng $12,300.000 by which the Southern railway system will finance purchase of new equipment were approved to- day by the Interstate Commerce Com- | mission. ' Three separate parcels of equip- ment trust securities may be sold under the authorization, $5,750.000 of which will be sponsored by the South- itself, while the Cincin- v Orleans and as Pactfic 700.000 and the Alubama Great Southern $2.850,000. The last two corporations are subsldiaries of the Southern system | ported | quite an B Tir bs, Deaths ... Evcess birtin SHEEP SHEARING BEGINS IN WEST Clip of Fine Quality and Prius: Good in Ortgon—Texas Demand Lively. | has resulted 1in prosperous periods, Insutficient transportation facilities Spectal D'spateh to The Ktar. AKIMA, Ap'!l 2.—Sheep shearing started along the Columbid The wool is heavy as a-re- of the high winda which pre- in this section during the | late winter. Prices ure fteady. One | northern Oregon clip of about 250,000 | pounds brought 40 to 42% cents a pound. Several large clips in Wash- | ington remain unsold EDEN, Tex. April 2—Contracting for wool on the sheep's backs at 30 centa a pound 18 coing on in thix soction which is for May delivery, h no deductions for tags or buck wool. Concho county ~ wil have about 300, has river. ult { pounds of wool this year, all twelve months’ clip and of extra fine quality WOOL MARKET PICKS UP. BOSTON, April 2 (8pecial).—Manu- facturers in New England are to be picking up wool on recesslon and to have secured amount of forelgn cross- bred wools lately. The volume of buying in the west s increasing to larger extent than activity here with 1host of the western wools be- ing taken on & basts which makes them cost $£1.30 to §140 clean Boston The American Woolen Comr is rumored todzy to have taken on a fair quantity of southern Utah wools every 11921 PENNSYLVANIA NET INCOME UP IN 1922 according ‘o an official | Railroad Reports Gain of $8,-| 074,389 Over 1921--Govern- ment, Assailed. | By the Associated Press " YORK. April 2.—Samuel Rea, of the Pennsylvania Rall-' road Company, asserts in bis annual | N president report 6 stockholders that the gov- ernment’s railroad regulatory poli “which since 1908 has allowed a re- turn upon the railroad “It is also, in substance,” husiness of the n country, congestion he adds, | “a slow but sure confiscation of the | because it of traffic The Income statement of the roud shows net income last year 2 058, un increase of $8074 net rajlway ope: come was $78,405,327, o more than that of the pre While this was described ment » net railway operating i expluined. I8 far from being view of the transportation sreater service. It is diffienlt to underst nted out, “the continued faflure of | governments, our federal and the that purpo: tive rafiroad pol sidered that the ra by the public and their surance, and other compa alone |u individ and state ommissions appol . when i sav h Is and tustitutions, having about corporate of $32.- 389 ov Mr. ver 1921, ome. ho adequate demands and.” he nted for to enforce a construe- s cor Iroads are owned ings, In- vour 140,000 ockholders, and about 90,000 bond- old i the fatlure to deal equita Ironds, which const b coilectin digtribu tem for the natio de, and prcducts, {s all the mor ‘ble because it is still pos secure beneficlal legislaticn farms, the ‘ndustries, the and the wate ays It is cxr ced that -allr wili earn prouch a fair return ment. provided tlere rked recession in business and no labor disturbances rupt the in comm ably with itute the tion sys ce e incred- ssible to for the highways 1923 the something ap- on the 1 ne rates to inter- | investment | } averaging only about 4 per cent per annum for this fifteen-year period, is | not regulation, but confiscation of the | | investment. | rescue work at mines, | pected Increasing use of oxygen breathing apparatus is playing an_lmpoitant part in the savink of human life from fire and explcsions in mines, the In- terfor Department announced today. [ Within the past few months several | cuses of the efficient use of rescue | apparatus in the saving of life and property have come to the attention of the bureau of mines. Proper use of breathing apparatus after the recent coal mine explosion at Spangler, Pa. resulted directly in the saving of twenty-two lives. Un- conscious and dying men were found rescue parties in atmespheres low oxygen, carried back to fresh air by apparatus men and revived at the | hospital base by waiting doctors. Much Property Saved. Apart from the human aspect of the value of the property saved by apparatus men Las been considerable, and is held, 'PRICE OF JEWETT i on account of | AUTOS ADVANCED, Paige-Detroit Company Adds ”“; on Closed and $70 on | Open Cars. Dispateh to The Btar, “ ROIT, April 2.—The first of the automobile price “%Wdvances expected came In an unusual way. The Paige- | Detrolt Company notified its dealers turday that on Monday prices of Jewett ciosed cars would advance $30 | and on Jewett open cars $70. Hun- | dreds of prospective buyers rushed | in Sunday vn learning of the advance | which was whispered around auto- mobile row and many bought new | cars. i There s & general feeling here thaf the ice having been broken by Jewett, others will follow. Among those ex- to muk. advances are the Oldsmobile and = Studebaker _com- panies. ~ Definite figures on March | antomobile production are not yet available, but the quarter just closed | was probably the largest in point of | sales und production in the history | U. S. EXPERTS SAVE MORE LIVES WITH OXYGEN IN MINE DISASTERS therefore, to be a means of conserva- tion of the nation's coul resources. Before breathing apparatus was pe: fected muny mine fires got beyond control and mines were sealed or flooded for long periods, with —reat loss to the operators and the d-- d- ent employes. The apparatus has effected great saving in this respect, nr%- being confined to small areas, an has been effected. Self-contained mine rescue oxygen breathing apparatus was introduced into the United States about 1907 The mine bureau began immediately the work of tralning men when it was shown that the apparatus could be of value for protection and saving of life following fires and explosions. Since its iIntroduction the develop- ment of the apparatus has been ex- tensive, and it is coming to be used more more every year. U. S. GRAIN EXPORTS DROP DURING WEEK Commerce Department ihportl Slight Falling Off in Shipments. Grain exports from the United States last week amounted to 3,480,000 bushels, as compared with 3,507,000 bushels the week before. Grain export totals for the past week, as compared with those for the | were made public by | week previous, the Commerce Department today’ as follows Barley, 261,000 buehels, sgainst 10,000; corn, 947,000 basheis, aguinst 1.085.000; oats, 93.000 bushels, ugainst 406,000; Tye 199,000 bushels, ugainst 383,000 wheat,” 1,980,000 bushels, inst 1,643.000. Exporty of flour last 297,000 barrels, compared with 330,000 barrels the week before. Canadiun rain in transport cleared from United States ports amounted to 1,348,000 ushels, compared with 1,268,000 bust els last week, —_— BETHLEHEM, Pa. April —Fire destroyed yesterday seven stores here, fn a number of instances re- | covery of a large part of sealed mines, week were | transportation service.” ———e——— e — of the indvstry ! causing a loss estimated at $200,000 INCREASED WAGES - GIVEN THOUSANDS | Workers in"Southern Cotton | Mills Are Today Working - Under New Schedules. By the Assaciated Press COLUMBIA, S. C.. April 2.—Thou- sands of cotton mill operatives throughout South Carolina today be- gan working on increased wages. Ralses of from 10 to 12% per cent be- came effective in more than a score ot mills. Most of the increases fol- lowed closely on the heels of an- nouncement of wage Increases by woolen and worsted mlill operators in | New England, although in some in- stances announcement of wage in- creases in South Carolina were made | before any Increases were granted northern workers. The Pacific Mille Company, operat- ing four mille in Columbla. yester- duy announced a wage Increase | 121 per cent for the more than 1,600 operatives here. This is in line with a similar increase granted the oper- atives of this company’s New Eng- | land mii The Spartan’ and Saxon mills of partanburg ten days ago announced @ 10 per cent increase in wages and shortly afterward a number of other mills “in the Piedmont section of South Carolina took similar action. On Saturduy the owners of seven mills at Rock Hill announced in- reases, while this morning Leroy Springs at Chester announced x 10 | per cent increase in his Springsteen |and Eureka mills at Chester, the | Kershaw mills at Kershaw, Lancas- | ter mills at Luncaster and the Fort |Milly Manufacturing Company at | Fort Mille. The Republic cotton | mills at Great Falls, tho Baldwin cottow mills at Chester and the Glenu Lowry Whitmire also announced increases. The increase in the wages of oper- atives in the Carolinas is sald to be entirely voluntary on the part of mitt lowners. The miils arc non-union. | —_— Two chop stlcks broken in the pres. jence of a witness wre sufficient to divoree a eouple in Cochin China. ' S of | Manufacturing Company at | FINANCIAL. BY WILLIAM F. HEFFERNAN. NEW YORK, April 2.—The curb market gengrally showed strength to day during edrly. déalings, but came loff in the afternoon” when weakness developed on the big board. A num- | ber of noteworthy advances occurred, however, in special issues. The market action today of Schuite’s stock proved that the an- nouncement over the week end to the effect that the American Tobacco Company had purchased a substan- tial interest In Schuite Retail Stores Corporation had been discounted by | the rise of over two points last week, | Schulte opened 1% points above the |{lose Saturday, but’ reacted. sharply ate 2 Standard Oil of Ohio gained 30 points ion the publication of figures showing total ussets a of Deeember.31 of $45.- NEW YORK. April 2.—Following is an official list of bonds and stocks | traded in on the New York Curb Market today: les In | thousands. 1 Alliea Packers 8y 1 Alum 75 uew '33.. 1 Am Cot 0l 6y . Am “Light s Am Roll Mills s Am T & T 6w ‘2. e 1 Anmconda s 12 Anglo Am 0l Armour & Co Ar & Coof De AALGEWISS 10 Beaverboard _ss Beth Nteel Tu Can Nat BONDS! High, i e 1 Uous Textiles 8s. 11 Deere & Co Tigs.. 1 Del & Hud R I 8ibe Detrait City G . wlop T & Rub, tsher Rody fis | | ¢ t o of Pa 3 Hydraulie 34 111 Cent et Y Inter 1T 5o 2 Man'toha Power " NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office. | 208,390, against $38.711,362 at the close {of '1921. ° Earnings for 1922 were | equivalent to 340 a share on the new | stock und compared with §51 a share~ {on the old stock in 1921 - 1 | 'The only movements of note in the {motor section were continued | strength in Yellow Tazi, which got uf | 8lmost 4 points at one timé and ar advance of around 3 points in Durant | the latter reflecting the publication of | Ma output figures aggregating 19,- 1000 vehicles. | Red Warrior Mines featured the | mining group, moving up to a new { high for the year. -8 The curb exchange admitted fc? i trading the new 200,000 shares of Mid e Corporation of Delaware, initlaly | sales occurring at 12%; Armour &4 Company 5 per cent bonds were dis | posed to harden, while the preferred stock continued depressed. Rosen- baum preferred sold off as the resuls of the dissolution of the syndicate. Belcher Brtens.. Big Ledge - Black Huwk-Cons. Box Mont Corp.... Butte & Western Calumet & Jerome Cavario Copper.. Candelaria Mo Continental Min: Con Cop M tem cfs. Cop Canyoo. ....... . Cortez Kilver. .. ... . Crown Reserve.. Divide Extens. 3 Dolores Ewper Dryden Goid. ma Silver. . ureka Croesus. oldfield D' Min oldfield Plorence. oldfield Juckpot Gold Coin Mining. Gold State Green Monsier Hardshell - Min Harmill Div 3 Hill Top Nevada 8 Hecla Mine . Howe Nound . Independenca Lead. Lone Star ... 2 Nanon Vel Marsh Mines Mohican Cop Morinzton Mines, National Tin 5 New Dominion” Cop * Y Percupine Nipissiug ... Ohio Tay Hercu Rea Hill Rex Cony Richmond ed Warrior Sil Queen Min' Co Sil Min of Amer Copper 205 Maracaibo Gil 78 10 Morris & Co Sil K D Min reor 4 Silcer King Cons. Bilversmith Mines. Simon ilver Spearhead Gold Teck Hughes Touopah Divide Tonopah Fxtens.... Touopah Min e — e | B O e | Leather s ot Acme 7 Ohio Power 5 B. 6 Phil Pet T4 W't 9 Pub Serv of N ¥ Usnited Eastern Un Imperisl Minés. . Un Vera Lat o7 3 1 U s Continentai 08 © 108 Bt 'y 10415 107 BONDS. 1001 20 10 Wilbert 10 West Utal . 120 Wett Lor Siiver. ... 8 Yukon Alas tr cfs. . EOR 2 Yukon Gold 9 Arzentina 7s ° 3 Mexiean Gov 6] Rus Goy Blgw ofs. . 12y v BLs..... 10215 Mexich 45... 41% XDARD OIL ISSUES. 18% 5% ‘201 0 : “!Drop of 118 Per Cent in Price Re- o% | L% ported in St. Paul. Spectal Dispatch to The Star. ST. PAUL, April 2.—Hens are back, | on the job “again throughout the | northwest and eges are now selling here at 20 cents & gozen, a drop of 118 per cent from the winter peak. WILL SPEND $10,000,000. HOUSTON, April 2 (Speclal).—The | Houston Lighting and Power Com- | puny will spend $10,000,000 in the ' | construction of the largest light and |power plant in Texas with a capacity lof 40,000 kilowatts. The company: plans o supply surrounding towng-. with light and power. Am 0il 500 Atlantic Lobos 45 Bu-keye P L 160 Gs! Sig 0il 200 Hum Oil & Re new Ko TII P L a00 Tmp Ol of Can 5400 Inter'l Pet Co Ltd knolia Pet t_Transit Y Transit fo Ol new ) Prairie 0l & Gas ) Prairie P L 800 8 0 Ind 100 8 0 K VK 0 X O N ¥ uew )5 0 Ohlo 3100 Vacunm Oil new Sales INDEPENDENT in bundreds 2 Ark Nat Gas | 20 Big_Indian 011 { { GRAIN FOR MEXICO. 2! SUPERIOR, Wis., Apri] 2—Tw | Ave thousand' busheis of bonded bar- {1ey whick have been stored at the Great Northern elevators are being shipped to Mexico City. It is under- stoed the grain is consigned to x |brewing wconcern in the Mexican capital 38 184 Board of Directors CHARLES L. ALLEN President Norton Company WALTER C. ALLEN President Yale & Towne Mfg. Co. WALTER §. BUCKLIN Prosident Liberty Mutual Insurance Co. WILLIAM M. BUTLER Manufacturer GEORGE H. CLOUGH President The Russell Co. HOWARD COONLEY President Walworth Manufacturing Co. FRANCIS W. DAVIS President Pilgrim Laundry Company WILLIAM O. DAY Treasurer U. S. Envelope Company WALLACE B. DONHAM Dean Harvard Business School RANDALL N. DURFEE Treasurer Border City Mfg. Co. JOSEPH P. GRAY L : | when @ g rded ove Etea:BostosMdirs MutualBirc T Cos cx Taneso. 0 IR abics on absotn? Of ihe wattyen JOHN GRIBBEL : Director Curtis Publishing Company GEORGE E. HALL Pres. Boston Woven Hose & Rubber Co. MOSES B. KAVEN Vice-Pres. United Shoe Machinery Corp. JOHN S. KENT Treasurer M. A. Packard Company ' GEORGE H. LEACH Vice-President George E. Keith Co. HAROLD A. LEY President Fred. T. Ley & Company, Inc. LOUIS K. LIGGETT President United Drug Company RONALD T. LYMAN Treasurer Whittenton Mfg. Co. CLINTON S. MARSHALL Mgr. Worcester Dist., Am. Steel & Wire Co. FREDERIC C. McDUFFIE Treas. York Mfg. Co., & Treas.Everctt Mills WILLIAM J. McGAFFEE President Thomas G. Plant Company JAMES 8. MURPHY President Stickney & Poor Spice Co. HUGH NAWN President Hugh Nawn Contracting Co. 'CHAS. T. PLUNKETT President Berkshire Cotion Mfg. Company HARRY L. RICE President Rice & Hutchins, Inc. * R. PAUL SNELLING Troasurer Saco-Lowell Shops JAMES W. SPENCE President Rockland Trust Company MALCOLM B. STONE Treasurer Ludlow Mfg. Associates PATRICK F. SULLIVAN Director Old Colony Trust Cempany EUGENE V. R. THAYER E. Atkins & Company M. F. WESTOVER " Secretary General Electric Company 228 10 any 100 0 435 317 200 10% 48T OIL STOCKS. Derby 4 Derb 1 Dnas 50 Enctueers RAIL TRAFFIC HOLDS UP. v YORK, April 2-—Rallroad tinuex to run heavy, week tting new records for the vear derpite rece her. February earn fifty class 1 r I the effects of the severe that month. A &rc come ls $3 han | February & vear ago, 1000 smaller o oo m - of vere w | stutements f ve 7 Murland & Mara ary. . Maunt Prod.. Mount Gulf. 104 Mutual Of 3 New Mex L 5 30 Noble Oil & Qax... Imar Of & Gas.. np Beaver O1.. repnock Oil... Bunk Ol ul Can O & Ret. 5 E. ot efs. | (Quotations furnished by W. B. Hibbs & Co) Nomlinal Selliog checks, *“I notified Liberty Mutual. Soon I learned that the whole affair had'been settled out of court.” | Atheos, drachms. adrid, p Vienna, crown.. [ Budapest, crown.... i ., crown., Souy Ntates - 130 Teson Ol & Land. . 19 Turman Ofi.. \ Vulean 01 : ox 01l & Gus.. Oil... o INDUSTRIALS. Coul.. 15 0 Acme T'ack . Allfed Packers new. 1 Amal Leatl: ¢ pfa. Are you receiving a 30% Dividend on your Automobile Insurance IBERTY MUTUAL has always paid back to its automobile policyholders L 30 9, of their premiums. This is a saving of 23 cents on each dollar of the standard cost of motor- car insurance. S X . At the same time Liberty Mutual has maintained the highest quality of service, | How has this been done? ; The high cost of insurance is largely caused by reckless owners. Liberty Mutual does not knowingly insure this class. It admits only persons of good character who are not engaged in questionable occupations and who have a record for careful driving. ; Furthermore, Liberty. Mutual cuts out over 10%, of the insurance cost by selling to you direct: Its policies cannot be purchased through the usual insurance channels. i : o If you are not receiving & 30%, dividend on your automobile insurance, and if you believe you are eligible for membership, write or phone to the nearest office of the LIBERTY MUTUAL INSURANCE COMPANY. 1 ? By ' Associated Press. NEW changes irregular. { United States dollars) day bills on banke, 4. mand, .0653; cables mand, .0601: cables, .05 demand, .0572% ;- cables many, demand. .000047%; .000048. Holland, demand. . cables, .3940. Norway, demand, 1805 Sweden, demand, .2660. Denmark, de- mand, 1912, Switzerland. demand, © 1848." Spain, demand, .1 Greece, = demand, .0116. Poland, demand, .000021 Czechoslovakis, —demand. .0297. ‘Argentina, demand, .3700. Bra- I, demand, .1085. Montreal, 98 3-18, ——— DAUGHERTY. BETTER. Attorney General Arrives in Ashe- ville—Outdoor Life Prescribed. ASHEVILLE, N. C., April At- torney Generai Harry M. Daugherty. who has spent several ~weeks ir | Florida, has arrived fn Asheville was accompanied By Dr Moody, the presidential yacht Mayflower. & announced that Mr. Daugherty shois much improvement in health Mr, Daugherty will take a motor ride through the mountains tod: “and will spend a8 much time in the - open air as possible, his physiciar said. 5 gy 1008} 13, m Co of Del pfd irit-Am - Tob Con 1 Brit-Am To Co Re " Buddy Buds . Cent Terexu 4 Centrifug Tron Pipe 1 Check Cab Mfg A 143 5G7a o Nipple .. Chi_Steel’ Wheel pf sgrove Export 1 Carb Co vot cof 465 “ash Stores 415 Aero pra. a6 nel Fruit -, 0 chus Perl 2 Dubilier C & Radio 23 Durant M eel Castings i Gillette o Alden Coai oodvear Tire Heyden Chemical.. Hudson & M R R, 3 Hudson Co pf... ¥ Hydrox Corp. ¢ Tnland Steel Int Cont Rubber. Kuppenhieim B & O Lehigh Fower soc.. E * tor Prima Radio Co 4% Radio Corp 4 Radio Corp pfd 2 Repetti Candy 10 Reo Motor 18 Rosenb Grain Corp 7% Schulte Stores ... 140 80 C & T ... 14 Rpring Body Corp 1 Standard Motor . 3 Btutz Motor 1 8witt Int 2 Tech Prod 1 Teno Elec Power. 9 Timken Axle ... 11 Tob Prod_Exports. 50 Triangle Film 20 Tn Pt Shar new n Retall Candy n Ret Can Fr sh 2 Un_Shoe Mach Corp U S Lt & Heat U K Lt & Heat pf. Villyx Corp 1st pf. 1 Ist pf c d Yellow Taxi O N Y MINING. Do EEL R WASHINGTON OFFICE: Munsey Building « Phone Main 2453 oo 35,333 AUTOS STOLEN. Statistics for 1922 Show Deerease Over Previous Year. ST. LOUIS, April 2.—~Statistics an- nounced by the National Automobile Dealers’ Assocjation show that -S6u-t automobliles were gtolen in twen- principal cities of the ited States in 1922, as compared ith 737,554 in the previous year, {Clarence A. Vane, manager, ascribed this decrease to “low price levels for. new automobiles,” which, he sald; “are rapiidly eliminating the pessible murket_for stolen motor vehicles. New York, with, 7,107 automobil. slolen: Chicago, with 3,636, and Dy troit, with 3,194, led the List. Workmen’s Compensation and public liability insurance can be purchased also at any of the following offices: = BOBTON (Home Qffice) BUFFALO LYNCHBURG (Va.) NORFOLK READING (Ps.) TRENTON (X, J.) ALBANY CHICAGO NEW BEDFORD (Mass.) PHILADELPHIA RICHMOND (Va.) WASHINGTON (D. C.) BARRISBURG NEW HAVEN PITTSBURGE ST. LOUIS 'WATERBURY (Consn.) m’:‘l INDIANAPOLIS NEWARK (N. J.) 'PORTLAND (Me.) SPRINGFIELD (Mass,) 'WILMINGTON (Del.) BROOKLYN LOUISVILLE NEW YORK PROVIDENCE SYRACUSE 'WORCESTER (Mass.) v 23 1

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