Evening Star Newspaper, April 24, 1923, Page 21

w———_l—__—_’ Prom the 5:30 Edition of Yesterday's Star. GHINA 1S WARNED + TOMEETU. 5. VIEW ‘Failure to Ratify Wireless Contract May Threaten Am- ity, Says President Adviser. By the ted Press. PEKING, April ern Times. reviewing the the Federal Telegraph Company to ratify its contract with China, to- gether with the complications re- <ulting from the Coltman shooting, points out the international situation 4.—The ar Kast failure of edited by B. Lenox Simpson, adviser to the president of China, says: “It is now stated that unless the federal contract is execut- ed the United States will decline to participate in the nine-power con- ference. “Larly last month Secretary of State Hughes handed Amba: ador Fianihara u note in which it was re- iteruted that in_ no circumstances vould the United States consent to uny modificution of the open door policy, of which the federal contract must be considered an_ integral part Although copics of this note have bhegn received at Pekin the ctary of the Japancse lesation las intornoed the Cunese <overnment thut negotiations regarding the wire- less statfons in_ China have been trapsferred to Washington V.S, Position Stated implication is that it is ¥ China to discuss further with f al repr . This is a complete mis- tation; no negotiations have oceurred at Washington: all negotia- tions have held at Peking. So far as the United States is concerned, view is that the Company's contract not oniy is bind ing but will be made the acid test of China's simeerity, Diealing with the case of the Amer- jean Coltman, who was shot by Chi nese soldiers as he was b ing Kal gan for Urga aiter procuri cre- “The un nece matte been the oflicial dentials for the exportation of siiver | o pro currency, the Times says: made t Tess appears to have been ward a scttlement. The paramount Anierica and is that all col verned in the case should be brought 1o trial, as they would be elsewhere. ¥Fail to Meet Demand. “This demand has not been and no attempt has becn made to isfy it, owing to the protect those ‘mainly _responsible rshai Tsuo Kun cretary Hughes is s more incensed at this at anything that recently met, t D, Field to have matter been than imes also asserts that withdrawal of American represent tion at I'eking would be very ple ing in certain quarters. U. S. NOTE SENT MARCH 8. Merging of Telegraph and Radio Company Requires New Concession The note sent to the Chinese gov- ernment on March 8, is understood to have set forth at some lenzth the position of the United States govern- ment, and strongly urged that China complete the negotiations lovkjng to a new concession with the Federal Telegraph Company. The new con- cession, it is sald, has been made nece ary by the merging of the Federal Telezraph Company's interest China with the Radio Corporation of Ameri a merger which the former company contends will g tly large the usefulness of the new radio system by giving it an overseas con- ction. Secretary Hughes is understood to have set forth, that under the nins power treaty relating to policies con- .rning China, negotiated at the ‘Washington conference, the open- door for commerclal enterprises of this character must be maintained. The understanding in Washington, for sometime, has been that the ca: of the American merchant, Coltman, ho was murdered by Ch diers last December, at K been at a standstill because of the mpotence of the Peking government in the face of the military governors, and its lack of control of local and provincial authorities (he demand for the court martial of all concerned in the murder is only one of the several points insisted upon by the The others include—suitable apolo- sies from the Peking government, and from the tuchun. in whose territory the murder occurred, compensation of the family of Mr. Coltman, and_guar- antees that Americans in pursgit of their legitimate business may carr, on that business independently of em- hargoes and local restrictions REAL ESTATE BOARD WILL NOT MOVE TO D. C. National Directors Say Headquar- ters Will Remain in Chicago for Present The National Association Iistate Boards does not consider it irable at this time to moy headquarters from Chicago to W ington, according to a letter read t e executive committee of the local rd yesterday afternoc The real tate association has been invited to transfer its permanent headquarters to this city, but the reply said that while the board of directors realized the advantages of locating in Wash- ington, they did not, at this time, be lieve it feasible President E. Colladay of the hoard of trade, announced that Sam uel J. Prescott had been appointed national councillor to represent the Washington organization at the elev enth annual meeting of the Chambe of Real of Commerce of the United States at, New York city, May 7 to 10. The following were elected to membership: Willlam J. Batchelder, Joseph H. Batt, C. Earl Grantham, W. Johnson, James S. Montgomery, jr. ome S. Shear and Herman J. Wal William Clabaugh, chairman of the board, presided. HAMBURG SEES SAVING IN U. S. SHIPPING STAND Decision to Waive Immunity From Arrest Will End Costly Pro- cedure, Is View. HAMBURG, April 24 —Shipping cir- les in Hamburg and Bremen welcome as a step toward greater economy the I'nited States government's recent an- nouncement that immunity from arrest or ‘other special advantages general “ccorded public vessels of a forelgn na tion will not be claimed abroad for ship- ping board veasels. The decision to waive these rights and permit any actions which arlse against such vessels abroad to be tried in for- ~ign courts will mean a great saving in time and money, it is declared here, as it will thus be possible to eliminate the more costly and tedlous process of in- stituting diplomatic proceedings or pros- ccuting the actions in United States courts. BOND RIGHTS GRANTED. The EI Paso and Southwestern railroad has secured the Interstate «ommerce Commission permission to issue $5,055.000 In refunding mortgage bonds. The securities wil] be ex- changed for a like amount of out- gtanding bonds which fell due In SHBURTY. the | Federal | n given | has | the ! in | en- | American government. | i its | Changes in Stations of Army and Navy Officers Of Interest to Capital Army. The resignation of Capt. Alfred E Jones, Medical Corps, has been ac- gepted by the President, to take offect ay 25. Second Lieut. Joseph E. Harriman, Coast Artillery Corps, has been as- signed ‘to the 6th Ariillery Batillion which is about to sail from New York for the P’hilippines The following named officers have been detailed as military instructors at the educational Institutions namen: Lieut. Col. Grosvenor L. Townsend, |infantry, at St. John’s College, An- j napolis, Md., to the Ohio State Uni- ; versity. Columbus, Ohio; Maj. Wil- liam D. fleld artillery, at Fort Leavenworth, Kans. to Leland Stan- ford, Jr., Univers tanford, Calif.; PN Jose Dere 3rown, Philippine outs, retired, to the public high schools, Oakland, Calif. vice Capt { Charles F. Codori, Philippine couts, retired, who has been relieved; Capt. | Richard K. Sutherlaml, infantry, at | Fort Benning. Ga. to Shattuck | School, Faribault, ~Minn.; Second Lieut. Roswell B. Hart, infantry. at the Alabama Polytechnic Institute. | Auburn, Ala., to the South Dakota State College of Agricultural and Mechanical Arts, Brooknigs, S. D. | "Store officers have been assigned to duty as military instructors as fol- lows: Lijeut. Col. Robert 13. Grinstead, | retired, nt the Mississippi Agricultural and Mechani College; Capt. Edgar K. Brockway, infantry, at the Boston ! University, Boston, Mass.: Capt. Karl 1 C. Schwinn, infantry, at t | College, Annapolis, Md.: Maj. Ziba L. | Drollinger, 35th Infantry, at the Boston University, joston. Capt. Frederick T. Gundry, fleld artillery, Fort Sill. Okla., has been ordered to Walter Reed General Hos- pital, this city, for treatmer The resignation of First Lieut William H. Wheeler, Corps of Engi- neers. has been uccepted by the Presi- dent. Col. John M. Jenkins. 11th Cavalry has been assigned to duty in the in- spector ceneral’s department at San cisco. De T Cunnift ding, infantry, the Point Military Academy, have been ordered to Tientsin, China, for duty with troops. Majs. Witliam R. Schmidt and Harold R Bull. infantry, at the Military Academy have been ordered to Hono- ulu, Hawali, for duty. apts, Harry L. Benn jr.. and Frank Lockhead. infantry, at the War Department o been ordered to Fort Benning, ¢ Capt. Aaron Artiilery has been s of the chief Department Maj. Daniel W. Harmon Corps. at Fort Sam Houston, has been ordered to this city for duty at_the Army Medical School. Maj. Charles L. Hall, Cory gineers, ort’ Leavenworth, to duty it chief nis 1 nd Edwin t West Bradshaw, jr.. Coast at Fort Monroe, Va., ed to duty in the office of coast artillery, War Medical of Kun the staff, of Ofticer Washington slgred to duty ment general Cols. Walter Johu _Cooke. Conngll, cavalr fantry, and fantry: and of Engines Entee, Infantry: H fantry; Olan Aleshire, cavalry: Jarvis'J. Bain, Corps of Engineers: Walter 0. Boswell, infantry; William Robinson, Jr. infantry: James th, infantr ice, and Arthur 'W. Lane, infantry. officers at the Army War en assigned to sta- Cols. Thomas W. arrah and Charles F. Humphrey. jr., nfantry, to Atlanta, Ga.: Col. Isanc Newell, infantry. to Baltimore, Md.: Col. Bdward Kimmel, coast artillery. [to Chicago, NL: Lieut. Col. Edward | R Stone. infantry, to Fort Sam Hou Licut. Col. Hugh A. Parker. Atlanta, Ga.; Maj., Wil- Morrison, field_artiilery, to . Neb.: Col. John F. Preston, in- to Fort Sam Houston: Lieut Col. William Willis G. Peace, Coast Artillery Corps, to Panama Canal Zone; Majs. Thomas D. Osborne, artillery. and Charles R. Alley. Coast Artillery Corps; Maj. Alfred W. Bloor, infantry, to Manila. P. L: Lieut. Col Herman Glade, infantry, to Governors Island, N. Licut, Col. Robert W Collins, ~ Coast Artillery Corps, to Baltimore; Maj. J. W. S. Wuest, air service, to Boston; Maj. Walter Prosser, Signal Corps. to Atlanta, Ma. . Burgin, coast artille co; Maj. Converse to Chicago; Col. Rob- tillery, to Bucha- = James B. Gowen Fort Beuning, Ga.; Maj infantry,” to’ Gov- Maj.* John ral, to War De- Thomas L. to New York Walter C. Baker, chemicul {warfare service, to_War Department; | Col. ATexander E. Williams, Quarter- imaster Corps, to Atlants ; Col. {Herman W. Schull, ordnance depart | ment, to War Department: Col. J. {R. Hannay. Quartermaster Corps, to i Jeffersonville, Ind.; Col. Edgar iF infantry, to War Department {Col. Casper I Conrad, jr.. cavalry, to War Department Chitty, cavairy Col. Weston P feal Corps, to offic eral; Coll ltoderi finance department, Ludget; Licut. Col drews, cavalry. to sence: Col. Philip tillery. to | Lieut. Col. | artiller the Army War College. barracks, have heen as- with the War Depart Aff_as follows: Lie H. Johnson. infantry William arics 1. Rees. Wetherill Mark : Girard m M. Cooper, in in- Foy, Rumani; to ert C. Robert ernors Upham, adju Medical ¢ zen- rmichael, to burezu of the Joseph B Mea sick leave of ab- R Ward, field ar Ethun Allen, Vi win S. Hartshorn, field ri Brage .5 Col. Lott. cavalry. to Fort Maj. Chauncey L. Fenton, ery Corps. to Fort Monroe, {va: Lieut Samuel G, { Coast Artillery Corps. to Fort Ad IR L; Maj Thomas W. Hammond, in- fantry. to St. Paul, Minn. | Navy. Capt. William B. Wells of the third Inaval district has been assigned to the command of the cruiser Cleveland. Commander Lee P. Warren detached from duty as ald to stant secretary of the Navy ordercd to duty with the naval !forces in_Europe. Lieut. Commander Louis . Wenzel, attached to the transport Henderson, has been assigned to the command of ! the naval yacht Sylph at the Wash- ington navy vard. Ensign William A, Engeman at the training station, Hampton Koads, has igned to the U. S. S. Reuben to Abraham ( Bliss, Tex { Conxt Ar! to | been James. Lieut. Lloyd mith, Medical Corps lattached to the U, . Vega, and |Licut. Joseph W. White, Medical {Corps, at the Naval Hospital, jton, have been ordered to the Aslati ! station for duty. Lieut. Commander Everett G. Mor- | sell, Supply Corps. at the submarine | base, San Pedro, Calif., has been or- {dered to the navy yard, Mare Island, | Calit. Lieut. Andrew J. McMullen, Supply Corps, of the Scouting fleet, has been assigned to the U. S. S. Rappahan- i nock. i Lieut. i Isaac 'W. Thompson, Supply Corps, has been detailed as supply officer at the submarine base, San Pedro, Calif. Commander John S. McCain, at- tached to the battleship Maryland, has been assigned to duty in the bureau of navigation, Navy Depart- } ment. Commander John D. Manchester, Medical Corps. of the eleventh naval district ,has been ordered to the naval training station, San Diego, Calif. Lieut. Commander Harry A. Jen- Lins, Medical Corps, of Gendarmerle, Haitl, to Marine Barracks, Quantico, Va. | _Lieut. Joseph H. Durrett, Medical Corps, at Hampton Roads, has benn grdered to duty with the Gendarmerie, aiti. Commander Stewart 1. Barber, at- tached to the battleship Oklahoma, has been assigned to duty in the bu reau of supplies and accounts, Navy ‘Department. Tieut. Herbert S. Bear, Civil En- gineer Corps, at Great Lakes, IIL, has Teen ordered to the Naval Acadeny, annapolls. Lieut. Alexander Martin, jr. Civil Engineer Corps, at Philadelphia, has cen assigned to duty at the naval station, Guantanamo, Cuba. John's | Tex.. | M.} Gerald C. Brant. air| feid | Bos- | THE EVENING STAR, WASHINGTON RAIL CONGESTION Merchants Asked to Arrange Shipments So to Prevent Serious Tie-Up. BY J. C. ROYLE. Special Dispatel to The Star. NEW YORK. April 24.—Tae only cloud on the business horizon is the congestion which seems certain to en- Bulf the railroads next fall. That was the consensus of opinion ex- pressed today by newspaper publish- ers gathered here for their annual series of meetings. tically every scction of the country Is prosperous. buying power s greatly enhanced, price advances have been moderate and have not served to check buying, according to men in closest touch with sectional and na- tional conditions. Distribution Is Problem. | The railroads are already pressed to handle the freight offered them. { When the fruit crop reaches its peak }u ere Is every indication that the tar- Iriers will be unabi classes of freight. and that coal and ‘food products will take precedence jover other merchandise. This delay | o distribution may serve to check the | volume of business in many lines, ac cn_rlllllK to the newspaper men. unless ]a(“.q\mn- steps are taken in advance | to counteract it. { Rallronds Ask Ald. | The railroads are counting on papers to urge the business men leach community to so arrange ship- {ments in advance as to relieve the volume of freight which will have to be moved from July on case publishers ave heing urged to a jcent their quotas of news print paper well in advance and to store It in [ their own communities, so a8 to obvi- ate any shortage If the roads are compelled to devote all available equipment to transportation of other commodities. Similar recommenda- tions are being made as to other commodities. Newspaper advertising is expected continue well up to its present peak figures throughout the year, un- {less a check to business comes after | the harvest begins, | Steel Men Relieved. | In the meantime railronds are es- { tablishing new records for the vol- fume of freight moved in many sec- { tions, especially from the iron and | steel centers. Steel men are viewing the situation in that industry with full confidence because of a | easing on the nart of huyers. | weeks ago they fearcd {market and an elevation vels that would check consumption. There has been no stiffening premiums paid for early deliveries. however, and the easing of prices in copper. coal. coke and oil has made n impre carded as tageou Further Wnge Advances. Wage increases continue to be an- {nounced daily in widely varied in- ! dustries. Ladics’ wmarment workers in the Cleveland district granted an incrense in wages by board of referces which brings the scale back to the level of 1919, about $4 above the present weekl wage. _ This will become effectiv about May 1. The board also has re- duced ‘the differential between men 1 women workers from to 32 } cent i increases granted common laborers by the Pennsylvania raflroad lin the west are expected to be fol- lowed on other sections of the road DIVIDENDS. fiod Tor Q the of ito A few a runaway wholesome and advan- Rate. $0.75 Q%% Q1% Mav 15 S-A $A00 May JQ §2.00 ) Mth 1% 3 pany able. Amoxkeag Mfe. Rutler Rros. Dominfon Hridge te Miils May 15 Montreal W/ ! Mont. W & P, pf. S | Albert Plek Co.. G | Pacite Mills L e 01 Co Phillips Pe s.| ! Phillips Petroleum. { Unit. Retail Stores O { V. Vivaudou .. EX-DIVIDEND TABLE. April 27— | Tobacco Products April 30— nerican Can, q Norfolk & Western pf. q cifie Gas & Elec., 18t pf. ... 0 effic Gas & L orlg. DL Q.. tewart Warner e Stewart Warner Stewart Warner Stewart Warner May 1-- u_Rank Note. La. Frane F. Eog Tuidintor pe. q... Water Works part pf, inc. . Water Works Ist pf,'q Tturns Brox. com. A, peed, extra Iurns Rros, Rurns Bros ated Dry Goods, q...... Assoctated Dry Goods, 18t pf, Q. Associated Dry Goods, 24 pf, q........ 2 Atchison, Topeka & Nanta Fe, q.... Brunswick-Bulke-Collender, q.. Continental Can, q . Stiell Tnion 0N pf. Tnlon Tank Cur, pf. q... Unlon Taok Caf, q. $31,000 FOR COTTON SEAT. NEW YORK, April 24.—S. E. Wolft |ras purchased the cotton exchange {membership of L. A) Seyffert for $31,000, a decrease of 3500 from the previous sale. A W. Weinert of R. M. Bowen & Co., Dallas, Tex., has applied for membership in the change. Aso - BIG GAINS IN MARCH. | BALTIMORE, April 24.—The West- | ern Maryland Rallway Company’'s re- ! port for March shows gross operating revenues of $2,011,684.93, an Increase of $508,468.73 compared with March last year. Operating expenses in- creased $440,922.44, the operating ratio being 78.96 per cent, against 76.34 per cent last year. An increase of $151,896.48 was shown in net in- come, which was $166,896.96 for the month. ¥ LINSEED FIRMS UNITE. NEW YORK, April 24.—Detalls of the merger of several large lin- seed manufacturing companies into the Archer-Daniels-Midland Company, with the largest capaclty for crush- ing linseed in the world, were made known here with the announcement of the new corporation's plans for financing. The new combination was formed by the merger of the Archer- Dantels Linseed Company and the Midland Linseed Products Company and the new eorsor-llon will take over the property dnd business of the former company at once. The Mid- land Company will retain the opera. tion of its plants for its own account {until July 1, in order to liquidate its commitments, $1,500,000 FOR RANCH. AUSTIN, Tex., April 24.—J. P. White has sold his 120,000-acre ranch in Lamb, Bailey, Hockley and: Cochran counties for $1,500,000 to Malcolm H. ‘Reed, of Austin, and associates. Business in prac- | to handle certain | | Washington Stock Exchange in the; on on sentiment which is | i | [ have been | a ex- | LAYS COTTON PRICE DECLINE TO U. S. IN FALL FEARED) s ssier peees s one look Poorest in Years in Spite of Forecast. By the Associated Press FLORENCE, S§. ., April 24.—~The recent fall in the price of cotton was blamed on the acreage and yield re- port, made public by the Department of Agriculture, by Senator E. D. | Smith of South Carolina, in a state- In their own A i | Pot. i i Wash slight | i D, Ril Rizas : Securlts Stur. & Safe Dep. Wosin. Mkt Cold Storage Wardman Park Iotel o . STOCKS. BLIC UTILITY. erican Tel. & Teiga..... Craction. . Si Washiugton Norfolk & W Wash Wi Ter of prices to | | i | {o. | cernca, ment made public here. Taking issue with the conclusion of the report that the indicated acreage was 12 per cent greater than last year, Senator Smith declared that in the Carolinas and Georgia. at Ieast, the outlook for a cotton crop was the poorest In years, because of | the unfavorable weather, the migra- tion of tenant farmers, and the dis- couragement felt by farmers from the 1920-21 prices. “Whatever may have been the in- tent of the department, the result wag. at least temporarily, disastrous to the price of cotton, the South Carolina senator said in his state- ment, continuing, “I do not know the sources of information of the depart- ment, or those who made up the statement but T do know that, so far as the Carolinas and Georgla are con- conditions for the cotton erop are the poorest In years, perhaps the noorest in the history of the south Atiantic cotton states.” SALES $1.000 at 50, $500 at 89 %10 at 3267 10 at 78, at 103, 1 at 163, 747a 10 at 630, 10 at 132 PUBLIC UTILITY. nid 011 101 0715 Asker & Tolga. 4x etl. . Tel” & Tel. couv Ancowtia & Potomac Anacostia & Potoma, Wi ;i “x0ig Ao ol Totu ropoita Wiy N Pot. m. : Wl Wani Wash! Talt. & Annap. ton Gas Se Washington Wash. Ruwy Wash. Ruy _Stexmboat..[] in District Farmers & Mechan Federal-American Liberty Lincoin National Bigxs B Second 2 S Natlonal Tank of Washington.. TRUST COMPAN e Trust nion 5 2l 163 R Washington Loa SAVIN Commerce and Savings . : 2 East Washington.. Seenrity reet... United States.. ... Washington Mechanics... " FIRE INSURANCE ingw wnd Comr.. 200 American 2 Corvora o it ational Union TITLI Title.... e Title. MISCELLAY Columbia Graphophone com.... . Columbia Graphophone 1fd Merchants' Transfe e Mergenthaler Linotspe. Old Dutch Market 0l Duteh Market pfs Lanston Columbin Real Est ! Yellow Cab. “Ex dividend. WALL STREET NOTES. Dividends Declared Today—New York Bank Clearings. Spec il Dispateh to The Ktar. NEW YORK. April 24— Dividends were declared today by Firestone Tire and Rub Company of 1% per cent preferred, payable May 15 to stock of {record May und by Gray and Davis Ine.. of two quarterly on payable May 2 to stock April The domestic consumption of gaso- line in February was 42 per cent higher than for the same month last year. The foreign and domestic con- sumption was 52 per cent higher than preferred, of record {in February 1922. The supply on hand i | { 000. i i i i 1 e on February 28 was equivalent to 717 ys' suppl Allis-Chalmers common sold dent today. New York bank clearings. $809,000,- New York bank balances, $§2, 000,000. New York Federal Reserve Bank credits, $55,000,000. Boston bank clearings. $73,000,000. ex-divi- SHORT TERM SECURITIE Aluminum Co. of Amer. 7n 192: Aluminum Co. of Amer. Ts 1933 ! American Cotton Oil fs 1924. ... American Sugar s 1937 American Tel. & Tel. “American Tel. & Tel. Anaconda Copper 6 ‘1920 Anaconds Copper 76_1920. Anglo-An eriean il Tizs 1925 Asse. Simmons Hiw. 25 Bell Tel. of Canadn 7s 1025. Bethlehein Steel 7% 1023 Canadian Northern 5igs 1924 Cent. Argentine Rwy. 6 1027 Central Leathier Gs 162 G, C., C. & 8t. L. O Chieago Tel. 58 1023 Du Pont 7%s 1981. Goodsear T. & R. 8 1931 Great Northern 78 1038.... Hocking Valley Os 1924.0 Homble OIl 5is 1932 Kansas City Term. s 1023 Kennecott Copper 7s 1080..""". 1 Libby, McNeil & Libby 7s 641, M., 8t. P. & 8. 8.°M. 614 1931, Morrls & Co 1%s 1980, Tenpa. R. R. 75 1030. St, Paul Union Depot 5i4s 102 Sears. Roebuck & Co. 7 1 Standard Oil of Calif. Ts 1081 Tidewater OIl iga io8l..... ‘nion Tank Car '7s 1830, i 1930. —_—— TREASURY CERTIFICATES, (Quotations furshed by Hedmong & Co.) Bid. Offer. 2% 0% 91116 9927.32 90 3182 100116 T 104116 101 516 100 20-82 101 90 15-16 100 907-18 99! # June 15, 1923.... Beptember 15, 1923 September 15, 1923, December 15, 1923. March 15, 1824. June 15, 1024. Beptember 15, 1924. s March 15, 1925. s June 15, 1025..... mber 15, 1925. h 15, 1028, September 15, 1920, December 15, 1927. . | D. C, COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY SAN FRANCISCO, April 20.—Six- teen Pacific coast paraffin plants pro- duced and shipped 3,051 carloads in the last month, or 44 per cent more than for any similar period for the industry in -this state. The ship- ments averaged seventy-eight cars dally. growers safl today that there Would be no cherrles until August as a re- sult of the late spring and that apple harvest would come after the time of fail. ACOMA. Wash., April 24.—The 2 apple crop of the Pacific North- western states having been disposed of. plans are beink made to conoli. a {19 of commerctal | apples this year. ST. LOUIS, April 24.—Pig Iron pro- because of fallure of demand. Local compared with 25.00 at Birmingham and 33.00 at Chicago. | ~MINGO JUNCTION, Ohio, April 24.— !'The ‘Pennsylvania railroad will spend 1$514,000 on its yards here, it was an [nounced today.” Greater facilities are for a combined i addition will allow {capacity of 1,360 c | (CONNELLSVILLE. Pa., April 24.— { While coke production is running in high figures today, embargoes against i=hipments to Atlantic ports for | port are preventing expansion. coke region is enjoyIng unusual pros- {perity “with production 3.000 tons a week. EASTON, Pa, April 24.—Silk mills jin eastern Pennsylvaniu are flourish- {ing today. One plant here increased i the pay of weavers half u cent a yard {this week and other workers we jadvanced proportionately. The wmill |at Nazareth, idie for a vear, resumed [ this week with 100 operatives | ATLANTA, Ga. April 24. {establishments have enjoved an {cellent demand for the higher pri larticles within the Jast two wec {in this section. Thix was attribut ftoday to the engamenet hei { Metropolitan Opera_ Comp: B ek. \WAGE INCREASE GIVEN, | SEAMEN DEMA_ND MORE Three-Watch System at Sea and Eight-Hour Day Ashore, With Added Pay May 1. Are Sought. BOSTON, April 24 the announcement by sh that a age increas granted May 1 to the unlicensed per- of American steamers sailing a- —Coineident with ping would be sonnel from this port, the International let it be known that it would pres: to ship owners at once. to effective May 1, a st of demands embodying substantial wage increases aml important changes in working conditions The union has renewed its demand | for an eight-hour working day while {in port and that the deck watch be jdivided into three periods. These two issues were factors in the seamen's | strike of 1918, ! "Ship owners said | two-wateh system time immemorial. at 1 cost. While the amount of the wa creases affecting 4.000 sallors, firemen and mess bovs. was not made public. hip owners sald they were far below the demands of the union. RATES ORDERED CUT. +I. C. C. Rules in Favor of Smelter tonight that the in vogue from would be retained | | in Western States Smelters located at Kellogg. Tdaho, and Northport, Wash., should be {given the same rates on their metal- lie products, the Interstate Commerce {Commission held today, when ship- 1 ping to points east of the Mississipp {th railroads allow to smelters lo- jcated in Montana and Utah. roads were ordered to make the re- duction effective on or before July 18 The commission held that notwith- standing the longer hauls to the east {from the Idaho and | plants, the “desirability of maintain- jng and further developing the output {of Idaho mines, the long hanl on the Itrafic, and the general tendency t i ward extensive groupings of man commodities for long hauls from this general western territory.” all for the reduction ordercd Commissioners Potter and East man, dissented, declaring the commis sion should not “deprive an industr: or territory of the advantage of its location by requiring removal of a natural disadvantage of at carriers’ expense.” BALTIMORE LIVE STOCK. BALTIMORE, April 2 ttie—Re- {ceipts for week ended noon vesterday | were 2,083 he: against 1,999 head last week; carloads for market for the week. Choice steers barely steady, other i grades strong, cents lower, market j closing_very ‘dull. man sold to Greenwald Packing Cor- poration for B. Fenwick, a load of choice steers at 9.65 pounds. butcher, common, 6.00a I 1a8.00; fair to good. 6. to medium, 6.00a6.50 choice, 6.25a6.75; fair to good, 6.50a6.00; com mon to medium, 4.50a5.25. Cows, cholce, 5.75a6.25; fair to good. 5.00a 15.50; common to medium, | Maryviand and Pensylvania cows, gen- terally 1.00 lower than above quota- | tions. | Sheep and week ended noon 2,976 head. against 1,722 head last | Week; light_ supply; market steady. ! Sheep, 1.50a7.50; lambs, 8.00a15.50. Hogs—Receipts for = week noon yesterday were 15425 head, against 13,219 last week; good supply: market lower. Lights,' 9.20: heavy, $.75; medium, 9.20; pigs. 8.25; light plgs, 7.25a7.50 roughs, 5.00a7.25. Caives—Receipts for week ended noon yesterday were 1,690 head. against 842 head last week; fair sup- { ply; market higher. Calves, 4.00a12.00. —_— CUTS SUGAR ESTIMATE. NEW YORK, April 24—H. A. Hime- Iv. an authority on sugar, vesterday estimated that the production of this season’s Cuban sugar crop up to April 15 was 3.126,059 tons. Recently he re- duced his early estimate for the totad lambs—Receipts for the yesterday were 4,100,000 tons to 3,785,000 tons. MONTREAL, April 24—The Cana- dian sugar refiners have announced lan increase of 25 cents per hundred pounds in the price of their No. 1 anulated sugar. The price is now 11.25 per hundredwelght. e FOREIGN EXCHANGE. April 24, 1923—12:30 p.m. (Quotations furnisbed by W. B. Hibbe & Co.) Nominal l!l“n‘o;ll!ckl London, pound. Montreal, dollar. Paris, franc. Brussels, frane. Berlin, rk. Rome, lira Zurich, frane. Athens, drachma. Madrid, peseta..... T erowi Prague, crown... Copenhuien. erown cn‘:hthu. crown. +Stockholm, crown DETROIT, April 24.—Michigan fruit | the damaging hot weather of early | needed, especially to handle coal. The | comypetitor | Meyvers & House- | 2.00a4.50. ended | Cuban production this season from | TUESDAY, APRIL 24, te the fruit-growing Interests and |re, distributing agencles in an effort to!near at hand handle an output of 44,000,000 boxes | and winter-keeping ! crude oil quotations by several | duction has slackened in this section iments | pig iron is selling at 33.00a34.00, as i i ex- The | exceeding | Jewelry | | i i men | men’s Union with headquarters here. 1 | i Rail- | Washington | argue | i i i | 1923. NEW BY WILLIAM F. HEFFERNAN. | NEW YORK, April 24.—Covering of | short contracts and buying back of stocks that had been sold during the | recent liquidation resulted in further | improvement on the curb exchange | today. | Oil shares continued their recovery | started In the late trading Monday, | while industrials, which had been heavily sold recently, came back eas- | ily, and most of the motor stocks were decidedly better. Mexican government bonds were features in the bond section, both the 45 and s reaching new high records for the year, and the latter up 24 points from the low prices on Monday and thé 4 per cent up 1%, reflecting bellef that favorable developments in kard to recognition of Mexican are Announcements of reductions in ad- ing companies failed have any effect simply because it was realized that these ‘were only local adjust- in keeping with the pric . NEW YORK. April is an official list of bonds traded in on the New York ket today: to t s in s BONDS. 1 Detrair o Do Tank Body s 1 Nut Acme 3% New 01 Puly Ner & 2 Phila Eler B PRI et Tl wat W 1 Puh Sers of N J 7 i S| 7 Swift & Co 7 Vacuum il BONDS £ Mexien 45 STANDARD OIL 188 10 Solar Rtefin < Sonthern 1L 1900 Vacuim 01l new INDEPE T len Rack 0i 420 Hunig 1 Lafasette 0 Livingston et 1 Mammoth 0il nt Gu Mutual 0il New Mex e 01 ¥ oil ol & Beaver K 00l oy Can Ol & Ret alt Ck new Santa Fe 0 & 6 17 Sapuips Refin wuboard Ol 10 Sonthern I' & 25 New Ntates Oil ot & Gus oil 1 R 7 Wilcox Ol & Ga INDUSTRIALS 75 Acme Conl . T Alum Mrg TAm G & Enew w 3 Am Drog ... Am Hawafian &8 | 11 Anmour (o Del pfd 9 Arch Danls Midinnd YORK CURB Received by Private Wire Direct to The Star Office. | ward. INANCIAL. MARKET _]I cutting which had already occ:rred in other sections of the ountry. Oilf shares flattened out in the later trad- ing. Pennok Oil came down in the afternoon after having been bid up to a new high for the vear of 14%. Efforts to bring about reaction in i Southern States met with only slight success. After receding almost ai point, the stock regained part of the early loss. Mammoth Oil was a fea- ture, getting up almost 5 points, while iulf Oil was disposed to move for- General Petroleum common and vreferred were admitted to trading sales, the former taking place at 36 | nd 46% { Short covering brought about a sharp advance in Glen Alden Coal,| while the same sort of buying came into the National Supply and Hydrox corpo; The new issue of Du- pont was bid up to its top prices and Gardiner was more active than in some time at close to its high of the year. Mohican Copper. among the mining stocks, broke over points, but re- gained most of the loss as the day went on. Cortese Silver did somewhat hette Ohio Copper continued de- » . T Buse Alemire 1 Borden & 2 ! bicago Nipple..... i Kicel Wiheel i Steel Wieel pr. Mator & 1 Dubilier €& urant Motor Dipout Motor Fed Telogrnph Gardner Mot the S Aldor Grilt, bW Hanin 318 7 I Mo Proft Shar new S L& b S AE Mines a reka ( e Deeyy ¥l Ju Min b Mining 14 13 b e i i Gola Harmiil Div . NI Top Nevada Hollinger Hecla Mine Homostake Howe Kerr 1 Mason Marsh Mur Develop Lake Sta v Min b Div ra m Cres Dos Mohican Copper Led Warrior Sandst Ienduit 6 Nnowstorm Sil L. ilver M of Amer.. 8K DM reor 4 Niiver King Cons, Gold & P 4 Gold tewart Mine land D Mines Hu i~ a1, 10 K £ Tarbox Mine '3 Touopali Ex oo Rl lum ii-d Caps Vietors Div Yuk Alas tr Yukon Gold 10 El 10 02 S om e’ Min 0z efa. 3 Tt PHILLIPS “PETE” MELON. NEW YORK, Petroleum Company dec! day an ext hare and . s ent, in additi terly dividend payable June June 15 SLOANS From $50 April 24.—The Phillipa ared yester- sh” dividend of $1 a k dividend of 30 per on to the regular quar- of 50 cents a share, all 30 to stock of recor: S to $300 on D. C. real astate_and household goods or chat. tels. sgo charged. 7 per cont interest. No_broker. Come in and let us ex., lein our method of making small oans. Commercial Loan & Finance Corporation Room 211, System Copyr 0]l ™A Yearly L Has o Who 921 15th Bt. N. ighted & Patent Pending. AMAE osses investments millfons. Never onr elients invested in our First Mortgage Notes Lot as much prine < a single penny in elther ipal or interest. We Have on Hand A timited of §25 3earin, For ¥ull Chas. 924 1 mount in denor Up to $5,000 Interest Appls D. Sager 4th St. NNW. Main 36, g 7% ‘Money to Loan Becured by first Precailing Tced of trust o st real estate. uinsion & Truse Joseph I. Weller Salesmen To sell issue ba nent that wil gation. W live industrial cked by promi- ashington men 1 stand investi- | Apply 434 Munsey Bldg. | After 10 AM = Employing Professional Services Few p eople guess when engaging a physician or an attorney. Upon the reputation and experience of your investment banker, entrusted with the safe invest tment of your funds, depends your financial well- being. The re) putable investment banking institution dealing in high-grade _securities, professional is the service you should employ in investment transactions. Our complete service, em- ployed for nearly twenty-five vears by large and small in- vestors, may be had for the asking. BAKER . WATTS & CoMPANY Edwi in D. Flather Manager 813 Woodward Building w ASHINGTON Calvert and Redwood Streets BALTIMORE Canadian Municipal Bonds INVESTMENT of United Stat s capital in Canadian industries is in excess of two billion dollars, which represents well-diversified interests in many important industries. the economic interdependence of the two countries. Canada has ity, estimated of the supply a vast water at power resources. 3.000,000 H.-P ailable: represents ahout This is a clear index of Present plant capac- only 7% Canada is the second largest customer of the United States and our imports from Canas in the world. Canadian country. Province of Manitoba S’s, due April, 1924 municipal We recommend for investment : bonds have an active market in exceed those- from any other country this Yielding about S. City of Montreal 5s, due November, 1954 Province of Ontario Ss, due April, 1942 S .209% These issues are payable in United States dollars sn New York Guaranty Company of New York Main Office: 811 Fifteenth Street N. W. Washington, D. C. Guaranty Trust Company Building 140 Broadway, New York Telephone: Main 5815