Evening Star Newspaper, May 10, 1923, Page 28

RUSH OF TOURISTS i T0 BEAT REGORDS Labor Turnover Grows. Women Working on Farms. BY J. C. ROYLE Epecial Dispateh to Tho Star NEW YORK, May 10.—More people are going to take longer vacations and go further afield on their trips this summer than ever before in the history of the United States. Rall- roads and steamship lines are prepar- ing today for the rush of tourists, and trains on the regular schedules are being crowded to the limits in cer- tain sections. Manager of Passenger Traffic Morri- gon of the Atchison, Topeka and Santa Fe declared today that travel to the Pacific coast from points east of the AMissouri river already was 20 per cent heavier than at this time last year. This percentage is expected to increase to 25 or 30 per cent by mid- summer. The number of eastern peo- ple expected to tour the west is esti- mated at between 225,000 and 250,0004‘ Traffic managers of railroads entering California estimated that 150,000 from east of the Mississippi will visit that state during the summer months, Basis for Figures. These figures are based on reserva- tions already made and the volume of traffic now moving, and take no ac- count of the tremendous number of automobile owners who will jam the highways of the western section of the country in their own cars. The western Pacific and the southern Pa- cific roads report the heaviest vol- ume of passenger tratlic in years. The Santa Fe is preparing to in- crease its train service from Chicago to Colorado points 150 per cent by June 1. Glacier National Park and the Pacific northwest are the objec- tives of thousands, and the Canadian Rockies are putting lower fare sched- ules to attract a share of this busi- ness. The movement of tourist travel is heaviest in times of extreme business depression and_times of steady com- mercial prosperity. The latter is the tactor which is sending the vacation- ists far afield this summer. Kconom- ically, manufacturers and producers are not satisfied with this movement, for they declare that every worker is needed at the present time, whether he is an exccutive or unskilléd laborer. Labor Turnover Increasing. The present week is approaching the peak of the turnover in labor. The sea- sonal occupations which draw workers . the winter are slowing down, while the building trades, the steel mills, the copper, iron, silver and non-ferrous metal mines are approaching their greatest period of employment. Work- ers are shifting from job to job, hop- ing to better their wage and working conditions, and secure in the knowledge that some aits every man who wants one So severe is the shortage in the agri- cultural fleld that farm women in the northwest are being forced into the fields by the lack of male workers. This short- age is growing week by week despite steadily increasing wages. Farmers now are offering $50 a month and board and room for hands, but they cannot compete with other employvers. Less than half of the North Dakota wheat crop has been planted, although nor- mally at this time sceding would have been completed. Auto Men Expect Breathing Space. By midsummer nearly 5,000,000 new und used motor cars will have been sold in the United States since the re- turn of prosperity. This means that there has been a purchase of an auto- mobile in one out of every five families in the vountry. While this does not mean the approach of the saturation point in motor car demand, it does ex- plain why motor car manufacturers ex- pect a breathing spell after the bulge of recent months, Th> employment report of the au- tomobile factories in the great manu- facturing centers is beginning, for the first time in months, to show a falling off in the percentage of in- crease in workers employved. Fol- lowing weeks will have to show a corresponding decrease before it can be stated that the peak of production is past, but the change is undoubt- edly significant. Sugnr Decision Discounted. The announcement that the courts had denied the request of the gov- «rnment for an injunction against ! trading in futures on the New York coffee and sugar exchange had little effect on the sugar market, as the at- titude of the judges hearing the case bad made it fairly plain what thelr decision would be.” Traders and deal- ers, therefore, already had discounted the effect of their action 3,000 Workers Loxe Jobs. SEATTLE, May 10.—About three thousand workers in the Ilumber camps of the Pa rorthwest have lost their jobs as a result of the un- successful “attempts of the Industrial Workers of the World to disrupt the Jumber indust Mill executi es have weeded out malcontents and agitators and mills have again increased their schedules to 10 per cent or more above normal capacity. For the first eighteen weeks of this year the new business of the northwest mills “has been 200,000,000 board feet above produc- tion. Big Lake Dusiness Predicted, CHICAGO, May 10.—The arrival here of the first eastern lake packets has opened what officials of the Rutland-Lake Michigan Transit Com- pany predict will be one of the busiest seasons for packet freight by water cver known In the great lakes wection. The first arrivals took fif- teen davs for the voyage from Og. densburg, N. Y., because of ice which still is impeding navigation. Marine men say the ice was thicker on the lakes this year than ever before in their memory. (Copyright, 1923.) TEXAS CORN PLANTED THIRD TIME THIS YEAR @pecial Dispatch to The Star. HOUSTON, May 10.—The Texas corn crop is in need of sunshine, according to official reports made public today. Rains have delayed cultivation and hardly a fourth of the crop has been worked. Planting is continuing and in some places fields arc being plant- ed for the third time this year. SEEKS BIG BOND ISSUE. The Cheago, Milwaukee and St. Paul railroad asked the Interstate Commerce Commission today for authority to is- sue $13,600,000 in 5% per cent equip- ment_trust certficaies to be used in part payment for equipment to be pur- | chased ‘during 1923. The new equip- ment will cost $18,016,000, and will in- clude 7,500 freight cars and seventy- five locomotives. COTTONSEXD OIL UP. NEW YORK, May 10— Cottonseed oil advanced 8 to 18 points yesterday on buying by western interests and cotton” houses, along with short cov- ering on the firmness displayed in other commodity markets and in Wall street. Final prices were off several points from tob under realizing sales, but net gains were 2 to 13 points, Sales, 18,800 barrels. Tenders, 300 barrels, Prime crude, 9.62%29.87%; prime summer yellow, spot, 11.40a 11.88; May, 11.36; July, 11.16; Septem- ber, 10.97, all bid. FIGHTING BOLL WEEVIL. CHARLOTTE, N. C, May 10.—Farm- ers are reducing their cotton acreage gnd increasing the use of fertilizer in “the amount planted in an effort to [*hest the boll weevil. Fertilizer sales are about 25 per cent greater lhanl Jast year, with a large percentage of cash business. * FINANCIAL. ' THE EVENING STAR, WASHINGTON, D. C, THURSDAY, MAY 10, 1923. NEW YORK CURB MARKET, Received by Private Wire Direct to The Star Office. BY WILLIAM F. HEFFERNAN. NEW YORK, May 10—The curb market for a time today continued the recovery of the previous session under an accumulation of overnight buying orders. As a result further advances occurred in the majority of the speculative favorites. After the first hour, however, the market was influenced by conflicting movements on the stock exchange and the list! turned irregular. } Many industrials lost all of the early gain and a good part also of | the recovery of Wednesday. The | weakness In Midvale Company was | attributed to the rather discouraging reports in the latest trade news. Declaration of an initial quarterly | dividend of 25 cents a share on| Douglas Pectin found little response. ! Standard Oils were helped by de- NEW YORK, May 10.—Following is | an official list of bonds and stocks traded In on the New York Curb Mar- ket today: Sales in BONDS. thousands. High. Low. Close 2 Allied Packers Gs. ... o e Allied_Packers 8510 Alum 7w '25.....L0L 108% 103y 103% Alum 78 new ‘38,1057 1105% 1037 Am Cot 0l 6 o 9 ol Am Light 6s. L1060 106 1 3 PR P D105 1008 1005, D10N 101 101% 1% 1013 1013 103 103" 108 Dlm e aw of Del 20% s 515 Beaverbourd_8s ... N2 Reth Steel 7s 1007, Beth Steel 75 "33, 1027 Hoston & Maine LT Can Nat Ry Equip 78 107% ac fs. ... T Steel £x 10 Charconl Co Am 8% Cit Serv T ¢ Cons Textiles ®x.... Deere & Co Tlas Detrolt Cits Gas @5 Detroit Ediso Dunlop T 5. . Sngur s 33 Body s 05 10413 1036, i 10114 Grand Trunk Gis | Gen Pet Bs . Hood Rubler Kennecott Cop Loutsville G & E Maracaibo Oil PP | JPHOIOPSPRSTOP Y Nat Acme Tigs...... cbraskn Power 6 New Or Pub Ser 5s. Ohio Power Penn_Pow Phil Pt Pub Serv of X J 7a. Pub Ser Flec Pow 65 Scars-Roeh Shawsheen s ... et Cie Rellll X 7% ‘20, 0N Y 61 Swift & Co Tidal Osage 7s.. TUnited Oil Prod 8s.. 6 U Ry of HMav 7%s.. Yacuum Oi Ta.. Waype Coal Gs. FOREIGN Argentina_ 7w King of BONDS. . 10014 8 Mexican Go 5 14 Russian Gove 58 1 Russian Govt _6lgs. 1 Swiss Govt 5T Sales fn units. 10% | 1003, S of Me 420 ANDARD OIL ISSUES. Anglo-Am 0l Atlantic Lobo 31 Buckeye T L .10 g1 Crescent I' T ... 19 Gal Sig Oil.. 00 64 Humble 0 & R new. 3215 Tmp Ol of Can.... 110 107, clarations of the usual quarterly dividends by several of these com- panies, but as the day went on a good part o the Initial advances were cst. / The market for miding stocks was unusually active, but ~with price movements variable. Jib Mining was in demand while profit taking came into Boundary Red Mines and Ari- zona Globe. Recent actlvity in Cor- tez Silver was based on hints that an important announcement will be made to stockholders before the end of the week, Valenclana Deep Mining Company capital shares of $5 par value were admitted to trading, No time was lost in trading in the new American Locomotive _stock, representing two shares for every one of the old. Directors did not an- nounce approval of this issue until after 11 o'clock. The first trans- action on a “when issued basis” was made on the curb exchange soon after 1 o'clock. The opening sale was at 68. 108 Arizona Globe Cop. 125 Belcher Extens Big Ledge ....... Houndars Red Min. Butte & Western . Candelaria Min Green Monster Harmiil Div . Henrietta Silver I Top Hecla M Howe Mason MoKl Valley 30 Rted Hill Rex Cons.. “Tuolun 32 Tnit ont new w 1. 1 Utah Apex 3 Valenciani D 3 nd Consol nd Ext Wettlenfer Lof West Utah z 50 White Caps o 1 Yuk Alus tr cfs 31 2 Yukon Gold . ;1Y FURTHER FIRMNESS IN COTTON MARKET By the Associated Press. NEW YORK, May 10.—The cotton market showed renewed firmness at the opening this morning owing to relatively firm cables, reiterated re- ports of an improving demand both It Pe L a8y Magnol 147 Northern I 5 Ohio 0 new ... Prairie 0il & Gas. Penn Mex Fuel .. Prairie P L......0. South Penn 0 Indiana. 0 Kansas new. ONY 0 on; ‘acuum INDEPENDENT OIL STOCKS in hundreds. 10 Ark Nat Gas 20 Big Indian Oil arih Synd es Service Serv B cfs 5 Creole Synd Darby Tet . Der 0 & R pfd w . Equity Pet pfd..... Englneers' Pet.... ederal 01l Gilliland 0iL Rock Ol ol of Humphress OIi..... Invaders Oil of De Keystone Ranger .. Pet 4 Livingston Pet 3 Lyons Pet.. # Marland 61 Maracaibo 011 .10 58 Mex 011 3 Mex Panico . 20 Midwest-Tex O 10 Mount Prod ..... 50 Mutual Oil vig of: 70 Noble 01l & 2NCTOl1LEC 37 Omar Oil & Gas. 1 Peer Ofl Corp... 5 Penn Reaver Oi Fennock Oil...... 5 Phil Pet new w i.. Roy Canad O & Ref Salt Creek cons. Salt Creek new. nta e 0 & G. pulpa Refin . Seaboard Ol . Sou States ofl... . Tex Cons OIl.... Texon OIl & Land. Thurman Ol .. Wilcox 0il & Gas B i INDUSTRIALS. Acme Coal new 5 Amal Leather 1 Amal Leather pfd. Am Gas & Elec pfd Am G & E new w i. Am Drug ......... Am L & Tract...l Am Loco new w i Arm & Co of D pfd Archer Daniels... Atlantic ‘Fruit . Horden & Co. Rridgeport M W 1. Reit-Am Toe cou. .. Brit Intl Corp A BRlsn City R It Ruddy Buds ... Car Light . Celluloid Co ... .. Celluloid Co pid. Cent Teresa.... Checker € M A. Chleago Nipple Chic Steel Wheel. Chi Steel Wheel pf Cleveland Motor .. Columbia C C vt cf B Cox Cash Stores 4 Douglas Perfectio 14 Dubilier C & R. 82 Durant Motor . Durant Mot of 8 Dupont Mot 87 Eaton A & 8. 10 Federal Telegri 21 Gillette S R R Glen Alden C 10 Goodyear Tire . 2 Grifitn D W..11L Hanna M A 7-pe pf Heyden Chem ... Hudson Co pfd . Hydrox Corp . Tmperlal Tobacco .. Tmp Tob Canada... Mercer Motor 64 Mesabi_iron idvale Co Munsing Wear w i Motor Wheel Corp. Nat_Sup Co of Del 59 X Tel Co ptd .. 110 3 Peerless Miotor .11 49 9 Prima Radio Co.. .50 18 Radio Corp 3 Radlo Corp pfe 2 Repetti Candy 15 Reo Motor 100 Bo- G & I ....0000 1 South Bell “7a” pfd 102% 1 Springfield Body Co 46’ 1 Stutz Motor 17 % Switt & Co 1033 1 Technical Prod .... " 7, 3 Tob Prod_Exports. & 2 Untd Pft Shar new. 6 9 Unit Retail Candy 6% 1 U Shoe Mach Corp 48% 14 U B Lt & Heat 2C 8 Lt & H pi 12 Univ Pipe w 1 @ Univ Pipe pfd &r 6% 3 Yel Taxi Corp N Y 138 MINING. 28 Alaska BritColo ... 25 Am Lead & Zinc Sm. e & {PURUIC - I e 21 % 0 0 81 2% 227 | for spot cotton and cotton goods, and complaints that considerable cotton would have to be replanted in some | parts of the south as a result of the | low temperatures. Shorts, Wall street, Liverpool and some of the local trade | interests were buyers at the Initial advance of 12 to 51 points, which carried July cortracts up to 25.70, and October to 23.55, or 75 to 185 points above the low levels touched on the decline at the beginning of the week. Futures opened steady: May, 26.80; 3 December, NEW futur ORLIANS, May opencd steady 42; October, 2 58; January, 22.49. Continued cold weather in the . with numerous | complaints of young plants having been Kkilled by frost, put the price of cotton higher by 15 to 54 points dur- ing the first call today. Heavy realiz- ing by longs met the advance, and at the end of the first hour of business the trading positions were 1 down to 12 up compared with the last quota- tions of yesterday. July rose to 25.60 and fell back to 25.18; October rose to 23.07 and fell back to 22.85. | NEW YORK, May 10.—11:45 bids: July, 55.10; October, December, 22.80; January, ' steady. [.\'ews that some big local build- ing projects weére being canceled seemed to contribute to the unsettled feeling in the trade, which w also influenced by weakness in the stock market, and the reaction extended to 24.93 for July and 23.12 for October early in the noon hour, or about 20 to 24 points net lower. NEW _ORLEANS, May 10—11 am. bids: May, 25.04; July, 24.52; Octo- ber, 22.50; December, 23.10; January, 22.60; steady. The forecast of dry and warmer weather for the entire cotton reghon started a_new selling wave, and the market Pecame very soft. Toward 11 o'clock the trading positions were 44 to 77 points under the closing of yesterday, with July off to 24.29 and October off to 22.37. AMERICAN LOCO BOOSTS DIVIDEND By the Associated Press. NEW YORK, May 10—Directors of the American Locomotive Company tcday declared @ quarterly dividend of $2.50 a share on common stock, an increase of $1 per quarter, and recom- mended putting the stock on a no-par Lasis and issuing. two shares for every $100 share now outstanding. Outstanding common_stock of the American Locomotive Company totals 250,000 shares, with a par value of $25,000,000. President Andrew Fletcher, in an- nouncing the directors had decided to Submit the proposal for doubling the number of shares to the stockholders at a meeting set on June 11, said the proposal was “believed by all direc- tors to be beneficial to and in the in- terests of the corporation and its stockholders.” Mr. Fletcher said the business was in excellent shape, and that a good year was anticipated. The working capital on March 31, he said, was $42,270,000. 0y In addition to the increased dividend on common stock, the directors de- Clared the regular quarterly dividend of $1.75 on preferred stock. —— BOSTON STOCK MARKET. BOSTON, May 10.—Following is a list of today's highest, lowest and closing prices for the most active stocks dealt in here: High. Low. Ahmeek . 3 5 Am Tel & Tei . 1225 Amoskeng . 95 Arcadlan Cons 24, Arisona Com : 105 Boston & Albany. 1439 Boston-Elevated i3 Calu & Aris . 56 385 5% 228 Copper Range B East Butte - 7% 10.—Cotton December, am. 23.26; Close. 5% Mayofiwer O Mohawk New Cornelia North Butte ... Yentura Ol valdorf ... alworth .. Warren Bros. company's | BEARS POUND WEAK SPOTSINMARKET Closing Irregular — Day’s Sales 1,100,000 Shares. Sugars Help Advance. | By the Associated Press. NEW YORK, May 10.—Professional speculators for the decline again suc- ceeded in picking out numerous weak spots, particularly in the steels and equipments in today’'s active stock market. Opérations for the rise were continued in other quarters, sugars moving upward in response to higher commodity prices. Sales approxi- mated 1,100,000 shares. The closing was irregular. Spec- ulative sentiment continued unsettled in the late dealings, with the strength of a few special stocks being counter- balanced by the marked heaviness of the steels, equipments and a few of the automotive shares. Pittsburgh and West Virginia crossed 50 for a net gain of 6 points and Woolworth climbed $% points. Market Flashes at Today’s Close It was stated at the Treasury De- partment that the recent offering of $400,000.000 of long-time notes will be oversubseribed by about the same proportion as subscriptions on pre- vious occasion in March. The Sec- retary offered $400.000,000 in six and twelve months notes,” for which he received total subscriptions of $538,- 579,000. Typewriter declared regular quarterly dividends of $2.50 an common and $1.75 on_preferred, payable July 1 to stockholders of record June 2. Underwood California Petroleum common will be put on an $8 annual dividend at next meeting, according to present ns. Present dividend is $7 yearly. Atlantic Refining declared regular quarterly $1 common dividend, pa able June 15 to stockholders of rec- ord May 21. Union Pacific eclared regular quarterly 23 per cent common divi-| dend. Southern Pacific declared regular arterly 133 per cent common divi- dend, payable July 2 on stock of rec- ord May 31 Secretary Mellon question of an increase in rediscount rates had not been discussed by the Federal Reserve Board for some time. declares that Mexican Seaboard dsclared regular quarterly 60-cent dividend, payable June 1 on stock of record May 22 Stewart Warner & ment, including subsidia as of March 31, 1923, shows total assets of $26,634,459, s of $9,903.- 154, includ 20 cash current lability, $1 ind profit-and- loss surplus, Hudson Motor Car Company sales and_shipments aggregated 9,200 cars in April. Schedule for May contem- plates shipments of 9,500 cars shipments to date are in exce that schedule. Company’s inventory is running considerably lower than in previous years and, in addition to having cash” balanees bank, it is {carrying a_very substantial amount of United States Treasury certificates jin its treasury. NEW HIGH REGORD INLIFE INSURANCE $10,500,000,000 Written in Year by 260 Companies. Industrial Plan Grows. { By the Associated Press. NEW YORK, May 10.—American life insurance companies wrote $10, 0,000,000 of life insurance in 1922— a new high record—and for the first |time in their history paid out more {than $1,000,000,000 to policy holders, it is disclosed in statistics prepared by the Spectator, an insurance publi- cation. TrLe payments totaled $1,006, {931,734, Of the $10500.000,000 new busines written $8,400,000,000 was ordinary in- surance, including group. This was about $500,000.000 less than the amount written in 1920, the previous banner year, but the loss was more than overcome by the gain in new industrial insurance. The industrial insurance figure for 1922 was $2,100, 000,000, as compared with $1,400, 000,000 the year before. The 260 companies included in the tabulation took in §$1,672,099,924 in premiums and had a total income of $2,137,294,355. Their assets were list- ed_at $8,717,758,247, an increase of $650,087,511 from last year's figures, and their surplus, assigned and unas- signed, at the end of the year was $973,994,182. “If we are to believe that the writ- ing of new life insurance is an in- dication of the economic and financial condition of the country,” the Spec- tator concludes, “it is safe to say that the depressive period of recon- struction has been passed and that America has reached a state of op- timistic normalcy. = BUTTER PRICES FIRM. CHICAGO, May 10.—Butter, un- changed; eggs, steady; receipts, 38, 361 cases; firsts, 25a25%; ordinary firsts, 23a233%; miscellaneous, 24a 243; sctorage packed, extras, 27%; | 'storage packed, firsts, 27. ROAD VOTES EXTRA. I NEW YORK, May 10.—Directors of the Cincinnati, New ' Orleans and Texas rallroad today declared an ex- tra dividends of 314 per cent on com- mon stock and a regular semi-annual 3 per cent dividend on common stock. Il GILT-EDGE 7% First Mortgage Notes Secured on Improved D. C. Real Estate Appraised by Experts of 35 Years’ Experience Without a Loss Offered in Denominations of $250 and Up A Good Investment. WILL PURCHASE First and Second Trust Notes i Warehouse Receipts and Make Construction Loans National Mortgage & Investment Corporation 811 Vermont seedometer state- | | shriners’ {fixed upon later. ! that FORD’S NET PROFIT IS $55 ON EACH CAR Net Addition to Surplus Shows $13 Received From Parts and $9 Miscellaneous. DETROIT, May 10.—Ford balance sheet 1Indicates gross profits for twelve months to February 28, 1923, of between $131,000,000 and $150,- 000,000. Minimum estimate combines the net addition to surplus of $119,- 298,862, with the increase in deprecia- tion reserves of $12,000,000. Other items charged oft in a company of this size could easily run to $10,000,- 000, although valuations are on such a conservative basis that it would seem that little is charged out ex- cept depreciation and amortization. The $119,298,862 net gain of Ford Motor Company between February 28, 1922, and February 28, 1923, comes from output of 1,376,015 cars and trucks in domestic plants, 75,799 carsy and trucks in foreign plants, and 81,- 797 tractors. This aggregate output, 3,611 vehicles, was the greatest for ‘any twelve months in_the com- pany’s history. Output in March and April will make the twelve months ended April 30, 1923, exceed it by 50,000. Thé §$119,298,862 Increase in surplus, while not ‘an ‘exact key to operating profits, checks fairly closely with re- sults for 1922, when manufacturing profits a car were approximately $55. On bas of 1,532,611 units in the twelve months ended February 28, 1923, gross profit a unit is $77. Profit from parts contributes $13 a car, leaving $64 a car manufacturing profit, _Recently Henry Ford told the Wall Street Journal that increase in pro- duction due to winter sales campaign hid enabled the company to continue its profits a car at approximately the same figure as heretofore, despite lower prices. Allowing the difference between $64 a car and the previously | established figure of $55 a car for miscellaneous inc $119, 862 surplus gains would be accounted for as follo Manufacturing profit on 1 Velicles a1 Profits from Otlier incom “Total surplus gains. $11,200,000 PHONE BUILDING HALTED By the Assocated Press. NEW YORK, May 10.—The New York Telephone Company announced vesterday that work on its $11,200,- 000 new home, scheduled to start on June 1, would be postponed owing to high costs of building. About $50,000.000 in construction has within th ent same of the bailding association, Building authorities predicted that the slump in operations in May would exceed the $113,000,000, or 76 per cent, drop in il om rw'nrr]] March figures, which was reported In a nation wide survey issued by S. W. Strauss & Son 4 ALEXANDRIA ALEXANDRIA, Va., May cial).—This city will decorate for the convention in Washington and the retail merchants bureau of the chamber of commerce at a largely | attended meeting last night appointed 4 committee composed of Aubrey E. Shuman, B. W and William G, lllch to’ wait on the merchants and urge them to do so. The bureau decided to hold it autumn trade exhibit in the armory next October. A definite date will be It was announced the exhibit this autumn will be different from any heretofore at- tempted by the retailers. Tentative plans were discussed for an auto- mobile booster trip to the nearby counties in the near future, and a committee composed of C. 'age Wal ler, jr. F. C. Knight and C. W. Fletcher. was appointed to make the ! necessary arrangements. Consider- able of the time of the meeting was | aken with a discussion of the handling of the crowds expected here during the Shrine convention, and also with the handling of the traffic. The bureu deacided to co-operate with City Manager Rich in regulating traffic. From this hureau a delegation com- posed of C. Page Waller, jr.; R. E. Knight and J. T. Preston will leave Tuesday evening for Roanoke to at- tend u meeting of the Retail Mer- chants' Association of Virginia in that city next Wednesday and Thurs- da ate food inspectors are here look- ing after violations of the state food laws, and as a result of their tour of | the city vesterday ome driver of a Washington bakery and one retail merchant were cited into the police court and charged with violating the provisions of the law by an exchange of bread, one loaf being offered as evidence. Justice Duvall stated that the state law provides that unsold bread cannot be exchanged with the baker for fresh bread, and he im- posed a minimum fine of $10 each and costs on the bakery driver and the | merchant. Appeals in each case were | noted and the required bond fur- nisned. Plans are under way for starting operations at the old Marine Railway and Shipbuilding Company’s plant, at | the foot of Franklin street, for a cutting plant for the stone which is to be taken from the old sandstone quarry at Aqua, which is the old- est quarry in the United States, and which s now being reopened after Iying ldle more than a century. The cutting plant here will give employ- ment to a large number. This quarry was abandoned more than a century ago and stone from it was used in the United _States Capitol, the White House, Mount Vernon and other colo- new building “en postponead month for the said by officers | trades ecmployers® 10 (Spe-| nial structures. The Columbian Players will, on May 24 and 25, in the Lyceum Hall, pre- sent a play entitled “A Kentucky Belle.” The cast of characters wiil include those who have previously starred in the Columbian Players. A number of novelties will be intro- duced. An_automobile belonging to Harold Curtiss of Del Ray was stolen last night while Curtiss attended a mov- ing picture show at the Idle Hour Theater. Curtiss came out of the theater a few minutes after the ma- chine had been taken and accom- panied by Policeman Lawrence Pad- gett_they scoured the-country as far as Camp Humphreys, but were un- able to find any trace of the machine. The machine was a 1921 model Chev- rolet. and was locked when left by the owner. SECURITIES Avenue N.W. FINANCIAL. Penna. Avenue Saks & @nmpang Underpricing Some Lots of Boys’ Clothing —for Friday and Saturday Just for two days we promise these prices—come to- morrow if you can—for first choice—but surely Saturday. All-Wool Suits with two pairs of pants. &.75 They are attractive Tweeds—in Sports Model; with belt all around. Sizes 7 to 17 years. All-Wool Suits with two pairs of pants $15.00 Included are many Right Posture Suits—Fancy Cheviots and Tweeds, in light and dark shades—some Plain Blue Serge—that are guaranteed fast color. Sizes 8 to 18 years. Extra Size Suits made for Boys of big proportion $16.50 Not only boys of “stout” build, but those other boys who find it difficult to be fitted because they are of big development, requiring extra proportions. Made up in appropriate models and consistent patterns. Sizes 12 to 20 years. Blue Serge Novelty Suits 750 Long and Short Pants Middy and Balkan styles—trimmed with Black or White braid; lanyard and whistle. Sizes 214 to 10 years. Novelty Wash Suits $1.95 Regulation Button-on style—White waists; with Gray, Blue or Tan “broad- fall” pants ; with collar and cuffs to match pants. White lanyard with whistle. Sizes 3 to 9 years. Special Sale of “Junior High” Suits Reduced From $20 and $25 $15.75 These Suits are specially modeled for the youngster just going into long trousers—with all the style he’ll want. Plain Blue and Brown; Fancy Blue and Brown Herringbones— Single and Double Breasted. Sizes 31 to 36. Second Floor. Four Finishings Specials Bell Blouses, in Khaki; Sports model; fine cut; sizes 6 89¢ ¢l to 16 years...... New Fancy Striped Blouses — light colors; collar at- 89c tached. Sizes 8 to 16 years..c........... Nainsook Union Suits, with elastic web-belt in back; all 59‘; sizes from 24 to 34....... - © Socks—in light and dark shades; with plain and fancy 39c tops. Sizes 5% to 9%. Value up to 6%...