Evening Star Newspaper, September 25, 1923, Page 26

§ RAWCOTTONHICHER doey e D " GO0DS HAY GO P Public Likely to See Prices Raised as Boom Grips k. Whole Industry. BY J. C. ROY Bpecial Dispatch to The Si NEW YORK, September 25.—The cotton spindles of the United States are twirling at an increased rate as a result of the recent advance in the price of raw cotton. Resumption of full time operations has taken place at practically every textile plant in the south and a tendency toward ex- pansion of production in New Eng- land is 1y indicated. Increased sales of cotton goods | have stimulated this aetivity. Ob- viously the prices of the manufac- tured products are low iIn ratio to the cost o. the raw staple. ‘There 1s slight bility that they will | decline irec nt of this in stocks in | i all river mil of coarse of less than 40,000 a \cgpacity than in the . trend of the {Henry Ford does net want the entire | Department REPORTS.OF GERMAN - LOAN REVIVED HERE | Abandoning of Resistagce in Mr Gives Rise to New Financing, Mtk 5o Y By tho Associated Press, : NEW YORK, September 25:—Ger- many’s decision to abandon passive resistance In the Ruhr revived Te- ports of prospective German. financ- ing in this country. International bankers pointed out, however, that there were several conditions to be complied with before any German loans could be arranged in this coun- try, the principal one béing that of security. In some quarters it is.con- sidered doubtful that German’gov- ernment loan could be floaged.in view of Germany's chaotic financial situa- tion unless it was guaranteed’ by other governments, as was the re- cent Austrian loan. London cables report that gasoline | is selling there for 6%d a gallon, the lowest price since 1914. i the rise in the value of brought about by maintenanee of the forme. prites. In the south more coneern is ex- hibited as to whether the low water £ the streams will permit furnishing sufficient power to run the dlants at mbrket. It is feared there may have e a rationing of power, such as prevailed last fall in some gtates. ‘ake Stocks From Sterage. pointment over the fact that fuscic Shoals power project has been ounteracted by the sale' by the War the Gorgas steam Alabama Power | power plant to It is understood the com- Compai e their lines to the indus- tries of tne southeact in:just such emergencies as oxist. The stump In raw cotton-in. mid- ummer forced' southern _pwills to tore their products and’considerable inventory |* €FF, T SPENT. FIvE THIS Book “SceNaria WRITING AT A GLANCES AND Tt GONNA CLEAN-UP BIG. T'VE GET AN | 'DeA FoR,A Five RecLeR IL_ALREADY! s MILLS SPEEDING UP, CENSUS DATA SHOW &% - e averago operated du o1 were d Cotton-Spinning Figures in August | 'Way Ahead of July Records, Cotton “spinning’ continued active during August, the census bureau's monthly report today shows. Active spindle hours for August totaled 7,569,061,615, or 202 hours per spindle 1in place, compared with 135,765,590, or 191 ‘per ~snindle in ROAD'S :"sNORFOLK, a. net income month of Augui T NTIREL IT'S ABOUT AN ) EARM (N CONNECT IEUT THAT 1S To Be Soub BY THE SHEREF AND AT THe LAST MINUTE oL (s STRUCK AND THE OLD PLAce N ouLd SAVED! GGe. THAT'S ONG = fFuLyt A FARM 1N CONNECTIELT ' Scane, A PIPPING AND SO ORIGINA L. v g 708,667 were operated at some time iduring the month, compared with .331 on July 31, active 965, August 31 X on _of which 32,499,324 were ing that month. number of spindles & August was 32.075,- per cent capacity on s, campared with per cent capac- 41,029, or at 9.1 in August last INCOME UP. . September ¥5.—The Norfolk and Southern railroad reports of $102,150 for the st, as against $69,660 for the same month last yea: operating revenue was 36! |BAY STATE LIVING COSTS UP2.7 PER CENT Jump in Anthracite Coal Prices Largely Cause of Marked Increase. Special Dispatch to The Star. BOSTON, Septembper 25.—The cém- midsion on the necessities of life of the state of Massachusetts places combined costs 159.5 per cent above the levels existing at the end of Apg: ust, 1913. ' In the last month costs fl_wl-'\. DORAMABY A« MUTT! TITLE, % LogATIoN = UM- CONNGT= CONGTT - UM~ CONNGTY = L UM-pae . NS0 FAsT.‘-’sz Po ’w‘u largely to the increase in the price ol -anthracite. ringe of Hard Coal. ST. "PAUL, September 25.—Coal dealers here and in Minneapolis re- port_a shortage of nut and stove an- thracite.. This is accounted for by the early and general distribution to othor points In the northwest from the docks at the head of the lakes. An adequate supply s expected by November 1. Price [hcreases rang- ing from 60 to 90 cents a ton will becgme cffective October 1. Coke Market Heavy Today. CONNELLSVILLE, Pa., September 25.—~While production has been re- duced, the coke market is heavy to- day. Heating coke is quotable at 34, furnace at $4.50 and foundry $5.50a6. —_— SEATTLE, September 25 (Specjal).— FURTHER STAFF CTIONS. NEW YORK, Septel ir 256.—Two more New York Stock Exchange com- mission houses have made yery lib- eral cuts in the number of their em- ployes in the last - week. This brings somewhat higher the total number of firms which’ are meeting the present very low tide of com- migsion business by ‘reducing their overhead costs as much as posible, Estimates of the number of Wall have been thrown 250. out of work In the last two or thre weeks range all the way from 75 to 607 12. M.2704 LEAN AND_PRESS ALL AND DELIVER SPINDLER TR ] 068, as In ‘the Jast year bank deposits have : Ladlefi slllts, 51.50 increased in this city by $15,000,000 250 This was- due' to $161.991,6 ummer months: |and production. has retu i iplace, in July. this vear and 8.033.- Seolded ihigh ) Profit margins are nar-|002,129, or:217 per spindle in place, At for £oods and | August last year. | le: last around 8 N few i1l cO! t ”f 000 pieces, 8u.iherease of 10,000 f¢rtt S r:fimh“ngmr;:r Spinning spindles in place August above the. preceding weck. into the future-at present levels. 31 numbered. 37,430,195, of which 33,- Higher Prie Predicted. The most si ifi is that althou about § cents compared with $585,556, an: -ating |increased 2.7 per cent, as compared Income was $122,597, against $80,419. with a year ago. Compare—and You'll Be Charmed —with the better accommodations that are offered in these Apartments available in Retw Gardens 2700 Que Street They've been planned by experience—and finished in exquisite taste. You'll find them most' livable. Let the Resident Manager show you the different sizes that are available—ranging from three to seven rooms with one and two baths—renting from $67.50 to $200.00 per month; Open for inspection every day and evening . EQMONSTON’S Home of the Original FOOT FORNM Boots and Oxfords for Men, Women and Children gland, goor improved cd Q A “Quality Is Important”—“Fit Is Imperative” goods ! ¢ prices of cot- position given, h er fully felt dex In Gingha lers see an indic trend in the fact ag mills opcned their ham lines for epring at the price: named a redu Healthy Feet Assured Harry A. 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