Evening Star Newspaper, October 18, 1923, Page 26

6 CRAPHOPHONE HAS REORGANIZING PLAN Columbia Concern May Be Divided Into Two New ¢, Companies. By the Ass NEW 1ated Press, YORK. October 18.—Morti- Buckner, chairman of adjustment committee of the Columbia Graphophone Manufactur- ing Company, which was placed in the hands of a receiver Monday, yes- terday announced a reorganization plan providing for two mnew com- panfes. One company would continue opera- tions of the present company and the other would take over and liguidate such assets of the present company 48 are not required for economical operation. The names of the two compantes will be announced later. Stock in the new companles, Mr. Buckner said, would be delivered to creditors artici in the plan on the basis of 3 of the operating company 5 shares of the liquidating company in exchange for each $1,000 of Indebtedness, prin- clpal and interes Factories Maryland at the of stock in the ope three shares of stock in the liquida ing company and $200 in cash for| rach $1.000 par value of such pre- ferred atock. Corpo, COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY PORTLAND, Oreg., October 18.—Ow- ing to demand from the east, there is a runaway market for eggs here, with prices higher than ever before known at this season. One shipper is quoting . white hennery standards up to 55 cents a dozen, mixed color standards at 48 cents and pullets 40. DETROIT, October 18—The Ford production ' for the week ending Tuesday night showed an increase of 435 to 41,227 cars and trucks. CHICAGO, October 18.—Orders for 2,000 ‘tons of sheets and bars for de- livery to Japan have been placed in this section, while Japanese inquiries include 50,000 kegs of spikes and a large misceilaneous tonnage of bars, wire rods, pipe and sheet bars, SAN FRANCISCO, October 18.—The California Bean Growers' Association reported today that there Is a healthy inquiry for new-crop beans from ail sections, with satisfactory prices in All except 100,000 bags of ns of 1922 have been dis- to market and prices have an easier tendency Buyers are holding off in the hope of r declines and growers are join- rative marketing assocl, bilize pr LOUIS, October 18—The hard- wood market here remains firm, al- thongh automoblle manuf: © not ordered So heavily nth. Furniture makers are activ n the market. Production of hard- wood lumber is belng pushed In the south. FORT WORTIL October 18—Farm- THE EVENING STAR.. WASHINGTON, D. GASOLINE STOCKS - AREDRAWN DOWN Lowered by 592,115 Barrels " in September—Crude Oil Output Decreases. By the Assoclated Press. NEW YORK, October 18.—Gasoline stocks were drawn upon to the extent of §92,115 barrels during September, & to reports recelved by the American Petroleum Institute, cover- ing approximately 67 per cent of the refining capacity of the United States. Pipe line and tank farm crude *oil stocks east of the Rocky mountains increased 4,379,000 barrels in Septem- ber. Dally Gross Average. The daily average gross crude oil production of the United States de- creased 50 barrels for the week lending October 13, totaling 2,125350 {barrels, says the weekly 'summary of the institute. The daily average pro- duction east of the Rocky mountains was 1,304, barrels, a decrease of fornia production was . a decrcase of 13,000 aily average imports of petroleum. at principal ports were 1 bar- , compared with 251,571 the ous “week. Dally reo- celpts of California ol tio and gulf coast ports 285 barrels, compared with the previous week. But Few Price Changes. for average at were 208, WAGES GOING HIGHER IN AND NEAR BOSTON Special Dispatch to The Star. BOSTON, October 15,—The tendency toward upward revision of wages in this district has been emphasized this week by important pay increases. The maximum wages of Boston Ele- vated Company employes now is 70 cents an hour for two-man car op- erators and 78 cents for one-man car runners. Agreement between steam- 8hip agents and Boston longshoremen has placed stevedores on a basis of 80 cents an hour, with $1.20 an hour for overtime. Eastern Massachusetts street rail- way employes now enjoy maximum rates of 58 to 63 cents an hour, while | Brockton ghoe workers have received | an increase of 11 per cent, bringing wages back to war-time peak. 9,992 FIRMS DOUBLE GAINS. ST. LOUIS, October 18 (Special).— The prosperity of Missourl corpora- tions is shown by reports from the state income tax officials which re- | | veal that 9,992 companies more than doubled their incomes last yea ing_$ 7436, on which 4 state tax| TALK OF CUTTING RATES. TOPEKA, Kan., October 18 (Spe-; cial) —The Kansas public utilities on has announced dates for a series of conferences with officials iof public utility companies with a | view to establihment of reduced | DIVIDENDS. Stock of |\ Compan Record. AW.W. % pf. Q Nov. 15 . 1 AW W, 3 2 Nov. 1 | Buckeye Pip | igetow-Hart big.-Hart Car. pf. Canada Cement pf. . n.w. cm. STATE OFFICIALS TAKE | OVER BANK FOR 30 DAYS| Action Follows Report That Insti- tution Is Unable to Meet Clearings. By the Associated Pres COLUMBIA, S. C., Ortober 18—The Merchants Bank of Columbla was taken over yesterday for a perlod of thirty days by the state banking de- partment, according to a statement by W. W. Bradley, state bank ex- aminer. This action was taken, said the examiner, when the officers of the bank informed himself at 12:30 o'clock that they were unable to meet thelr cl 1y informed him at 12:3 been paid In and the deposits aggr gate $800,000, said the directors. RECEIVER APPOINTED. Triangle Film Corporation in Fi- nancial Difficulties. NEW YORK, October 18.—A federal receiver was appointed yesterday for the Triangle Film Corporation, at one time one of the leading producers and distributors of motion picturc Percival L. Waters received the pointment complaint had b filed by nd Charles Kes with acl 3,000. The corpor: tion's headquarters is in this city. PARIS MARKET QUIET. PARIS, October 18 —Trading was quiet on the bourse today. Thre cent rentes, G5 francs 15 centime: francs 45 ce nt loan 4 francs s quoted THU SDAY,I OCTOBER 18, 1923, ~ CHURCH TO REVISE CREED. | PROVIDENCE, R. L, October 18.— The Universalist general convention |since at its bilennial meeting here October | faith. 20 to 28 will vote on the adoption | of an amplified r the trustees. The versallsm that has been prepared by | thinkers If it becomes effective | pung; it will be-the first complete v the Winchester ot it dfinnmlnall'nn mitted o a willingness to lead the | v atemert of uni- | way In Christian unity among liberal | o and it s expected amentalism will be challenged | the restatement Roger S. Galer of Mount Plea: prestdent the e tic | Wil presid B vt revision profession of is com- | 'Spe'cial Friday Sales 1,200 Pairs Boudoir Slippers OUR first thought will be, “Here’s a chance to lay aside sc attractive Xmas Gifts!” a pair for herself, too. Yes, and every woman will want New Ribbed Corduroy Boudoir Slip- pers to match the popular corduroy lounging robes—in Ol [ Rose, Lavender and Copenhagen Biue. Also Quilted Satin Boudoir Slippers—silk pomponed—soft flexible soles—in all wanted colors. Friday only, $1 pair. gar ifornia crude was reduced from | ey nts to 28¢ 8 o TAKES OLD HICKORY PLANT. The new stock Is to ha off. stockholders of the old co subscription. = i Mecklenburg Company Put in GREE ‘The <applies to! Prospects but with —— MILLS ARE BANKRUPT. cong Charge of Referee. the Assoctated Press, NSBORO, N Mecklenbur; LONDON, er | s referred export Norwood, the ton, Montgomery receivers, the firat rupt. prefers other the defendant com Dewton -, governmental in the hun . Charlotte e but the one to The pctition, catment ditors, was not resisted by lared bank- ! pos: on al uin to it is stated Page 3 and t h plant is | gra nd shippin to flnance ¢xports of g Europe generaliy. Leading British bank: nee the acheme up to £1,000,000, ers have sustained steady losses from 1 for in the back belt are less re enough cotton rketed to pay ginning to join in October 18 sted with by steambe =, RUSSO-BRITISH GRAIN EXPORT FIRM FORMED | By the Assoclated Press, October {is [ ment was stgned in London vester for the formation of a Russo-British a barrel, ty of the oll, with no > gravity. o top ton | 2 upon the gra: al- | change for oil oft old debts, |Prescnt schedule ranges from 60 cents a|to 76 cents a barrel” There were no changes reported in crude oil e major districts—Mid- t being quoted from 90 cents a_barrel, according to of Pe w22 pol the 'oil; Ivania a bar- and .FREIGHT TRAFFIC SHOWS PRONOUNCED INCREASE Special Dispatch to The Star. DETROIT. October 18.—The | bound freight movement from th troit _distriet, which | and Lansins, 18.—An a; out- { here. the increase x v and . outbound and 18 per cent in inbound The pur- | traffic, Russian | Hard coal agaln Is | through Buffalo, shipments of cement, packing hous products, steel and merchandise fron the go terminal ar reasing. re prepared depending | I The | the T yen Whee i & n Rl Bk RI Bk of " « wnada 8t | Lawr FL Mills L. FL Mliils pf. x, P. & L. . YIIT I I FIIFIIIIIS eeoe e v 1 | W2 Pl co. 6% ol G 1t | il Nov! | EX-DIVIDEND TABLE. ( } October 10— | Abitivt P. & Paper, q.... | Atls Powder Co., Df., d. firown Bros. Shoe, pt..'q.. | Burns rox. “prior o, "a Da Pout . du Pont I ¢ Rafiway, hipbullding \q You have but to see them Silk Hose at 96¢ With all the appearance of higher cost Silk Stockings—with seam to simulate {fashioned hose. Sizes 874 to 10. The new browns, grays, sand and black. At 96c pair. English Ribbed Sports Hose Guaranteed First Quality, 76c These Mercerized Lisle Hose have the sheen of silk plus great durability. In the fashionable heather shades. Sizes 8% to 10. Union Suits, 2 for 96¢ Women’s Ribbed Suits—first quality— low neck, no sleeves, knee length. Sizes 36 and 38. $1.25 Union Suits Guaranteed First Quality 76¢ Sizes 36 to 44 inclusive Like the Sports Hose—of silklike mer- cerized lisle—in white and flesh. Low neck, no sleeves, knee length. Fleeced Vests and Pants Sizes 36 to 44 inclusive 2 for 96¢ Women’s Cozy Vests, low neck, no sleeves; pants ankle length with muslin bands. Any 2 for 96c. Not fleeced, 2 for 46¢. Guaranteed First Quality, Palals Royal—Basemeat Store. ment Store have been instructed accordingly—any loss of profit is not to be reckoned for th e e CCCDIRE Ny Ny, C038 OF The Greatest Friday—Palais Royal —Basement Store Boys’ and Girls’ Stockings The “Modern’ Hose 2 Pairs, 46c¢ Guaranteed first quality, heavy ribbed for boys; sizes 7 to 9%. Fine ribbed for girls, sizes 6 to 10. Reinforced heels, toes and soles. $1.00 Union Suits, 76¢ Girls’ Fleeced Suits, with elbow sleeves, knee length, drop seat. Boys’ silver gray, high neck, long sleeves, ankle length. Also Children’s Waist Suits. The Greatest Friday—Palais Royal —Basement Store 16-Button Gloves, 66¢c Women’s Long Suede-finish Gloves, with embroidered backs. Sizes 6 to 8, in browns, grays, mode and sand. Hair Nets, 24 for 46¢ Real hair—cap shape. All shades of brown, black and blonde. Think of it— abou’t two (2) cents apiece for real hair nets! Oilcloth, 2 Yds., 46¢ Seconds of 45¢ yard grade, White and Blue tile patterns. 45 inches wide. 2,055 yards to be distributed at 2 yards for 46¢. Linen Handkerchiefs Guaranteed Linen 3 for 46c¢ White and colors—women’s dain’ti]y hemstitched or in sports effects, in blue, purple and brown. Select them for Christ- mas presents—box furnished if six are bought. . Palais Royal—Basemeant Store, ! Rtussian and Norweg NASHVILLE, Tenn. rt silk fiber p according ompanying to begin next week communication a charter. EXPECT GRAIN EXPORTS. PHILADELPHIA, October 18 (Spe cial).—Shipping men here are looking to a resumption of grain as soon as the lake naviga ason closes. At present Mon- the call on export ship- over the Amerfcan 11 ratl shipments begin to come ciph £ wheat from t more SIGNS PACT WITH REDS. MOSCOW, October . ment has been signed between the n governments, according this year. ted at approxi About 700 of These New Dresses Values $12.95, $14.95 and $19.75 At 6.46 | Satin Cantons, Canton Crepes, Poiret Twills, Charmeuse, Satin, Triconit, Jerseys, Laces, and Velvets Five as illustrated— hundreds of others. Sizes 16 to 20 36 to 44 42 to 54 Here's a real “Comfort” Shoe. Soit as an_old glove, for tender feet. Seam- icss vamps of soft Kidskin, yery flexible turn $3.45. Friday Only At all our stores except “City Club Invest Now—and Save Considerably Blankets Also Bedspreads, Sheets and Pillowcases Here in thousands—at prices less than have been and will be after this Anni- versary Sale. Art Plaid Blankets Beautify as well as cozify your bed- rooms—with these wool-like cotton 72x84 inches 8300 value at $2 36 $2.16 $1.76 $1.56 $1.20 66x84 inches—$2.75 value at 66x80 inches—S$2.48 value at 70x80 inches—$2.00 value at 70x80 inches—plain— $1.79 value at Bedspreads, Marseilles Effects Full Size, 70x80 ilnches; $2,68 Value 2.16 These heavy and aristocratic looking Spreads are a wonder value even at $2.68. $1.39 Crochet Bedspreads, $1.00 First quality and in artistically designed patterns. Size 64x76 inches. Think of a little more than a dollar for such Spreads! Famous Fort Mill Sheets 81x90 inches—$1.48 value at $1.36 - $1.26 63x90 inches—$1.18 value at $l'06 Palais Royal—Basement Store. 70x99 inches—$1.38 value at soles, low heels. Special, Friday. E Kid Str: Black Special, Friday, S195. Cor. 7th & K 414 9:k St. 1914-16 Pa. Ave. 233 Pa. Ave. S.E. I SRR RS EERRERRERRRRRRRRRRRRRRRRRERRRERRRRRERRERE RN RRRRE R RN R R E R EEEE T This and adjoining pages can only hint of our Friday Bargains for this Anniversary Sale Tomor- row is to be the greatest Friday of the year. The heads of the many departments constituting our Base- one day of 1923. Read these pages—but come and find scores of other lots, equally wonderful bargains. “Lion” Brand Pillowcases Regular at 41¢ and 45¢ Each 3 for 96¢ Buy an ample supply and multiply your savings. Sizes 42x36 and 45x36 inches. Any 3 for 96c¢. The Greatest Friday—Palais Royal —Basement Store Little Boys’ Tub Suits, 96¢ Chic Suits With All the Appearance of Tailor Made Mothers with boys of 2 to 7 years will welcome these one and two piece suits. Of linene, sateen and chambray. Some with corduroy pants. Emblem and braid trimmings. Bring your boys tomorrow to the Palais Royal Basement. The Greatest Friday—Palais Royal —Basement Store Women’s Flannelette Nightgowns Open Window—Flannelette Gown ~—Good Health—and All for Only 96¢ Note the doublé yoke and the braid trim- mings! And as warm as toast, flannelette, in stripes of pretty colors. Big, comfy gowns—at only 96¢c. Famous C-B Corsets at $1.26 Front Lace—of Pink Novelty Ma- terial, in Sizes 21 to 32 Buy two pairs at about the usual cost of one paitr. For other wonderful “Friday Bargains” see adjoining pages.—Basement Store. @ » A FE MNEEEEEERECSEEEJESEENJRARENEAERENEEEEAEESEREESEEREENENEEEEERASE