Evening Star Newspaper, December 14, 1923, Page 29

i PERFUME DEMAND - HEAVY DURING 1923 Advertising and Prosperity "' Make Luxuries Once Mose ' Enormously Popular. r BY J. C. ROYLE. Bpeeial Dispateh to the Star. NEW YORK, December 14.—“This ¥s the perfumers' yea: That is the consensus of opinion ©f the largest manufacturers and m- ! yorters of perfumes in this country &nd of the most prominent retall dis- tributors. The majority of these members of the trade declared that they have sold more perfyme in the last vear than in any annual period #ince 1918, ‘What has made 1923 the perfumers’ year? Among the factors listed b ers in the industry Is the inc advertising. C. L. Nelson, sales’ manager of Vivadou, his company augmented it ing appropriation 10 per cent the year. Other companies increas their advertising by double th amount. This has served to stimulate nterest and push sales. « Generally improved business ditions, howcver, have heen the real governing factor. Employment has Been general. The scale of wages Yas been high and incomes have Leen augmented by prosperlty of c merce and trade. Luxuries Again to Front. The period of retrenchment which Aaccompanied the bad years of 1% and 1922 resulted in cutting down ex- penditures for juxuries and perfumes, @nd toilet articles come largely under that head. Present prosperity @ general looseni espec feminine general con- mem- third ploitation of the Yackuge. In the high-grade products only in contalners sel and $5 ea The pock general tound and fact of offered 54 those limit lot of business. Movies .. The dollar packa fts appearance and mendous sile, that while 1oy sales, business real responsibility Retatlers decl have had an influence, espectall those plays glving intimate i elose-up views of luxurious boudoirs and dressing tables and druggists have found that women nowadays are s lecting differ. perfume” for e different costume rather than sele ing one odor and identifying it with herself. The prosperous position of the pe realized from the re called a somewhat indif- When $550.000.000 was for fumet, cosmetic and preparations in _the United The figures for this year will int. Perfumes oceupy ling places in holiday is having stimulate oo bear the that the movies “pent 1oilet Stat exceed this o the 1 buying. Christmas Tree Demand. Demand f “hristmas trees heen even In the east su has been hampered by the embargo on the shipment trees from New England because of the gypsy brown moth blight ex & In that scetion New York. Philadelphia, DPittsburgh Baitimore and their environs normal- Iy are supplied ors, who re permits nng England a forest ho tak gangs has furms a their own Woods ptember. checked because shipped out Canada was called on to supply the markets, with a cons Quent addition of from 13 to 20 per to purchasers at' retail Freight rates from Quebec province higher than from New England +* und demurrage charges on cars left in ards have added to the expense. Then, too, there is a duty on all Ca- uadian trees imported, Sold for Ten Cents Apiece. Trees have been plentiful and of £ood quality in the northern section of the midwest, which has the Mich- igan_and Minnesota and Wis Woods to draw upc Kansas City are plies fro or heing ent in the nd <old for 1 far west is being uc by, the Californis, idaho. W and Oregon while the is drawing its supplies from Georgla, Florlda, Louisiana and Tex NEW ENGLAND TRAFFIC, an the t he As a result Ao, whe : they are . forest ua suppl forests, COASTWISE, RETURNING | BRIDGEPORT, Conn., December 14, ~Fabulous prices paid for steamships during the disorganized the coast- wise traffic of New England. But it + is coming back 8o fast that New Eng- land manufacturers are amazed. Coastwise steamship movement of marchandise has increused 60 per cent in.four months, and_ New England tonnage through the Panama canal is i per cent greater than in the early art of. this year. “"The Panama route c brass industry of the Naugatuck val- ley, in Connecticut, most of that rich and growing commercial country th llex west of the Sierra Nevada mour tains, and gives New England shi pers advantages in reaching the Ea Tndies and Asiatic ports”” declured Carl F. Dietz, president of the Bridge- port Brass Company. e FINDS OIL RAPIDLY TAKING PLACE OF COAL NEW YORK, ns up to the December 14 —The movement to substitute fuel oll for anthr: te is guining headway in this country, according to leaders in the industry, which is carrying on a cam- paign to encourage the use of ofl- burners in homes. Henry I. Doherty Shead of the Citles Service organiza- tion. safd that oil for heating was “not 400 expens He tried to point out some of the fallacies in the public mind, especially that it is expensive, daugerous and that the supply is un- certain. Mr. Doherty said: “As a gas man T am, of course, ambitious to substitute gas for heating in place of solid fuels, but ofl for house-heating purposes threatens to make it more difficult for gas men to substitute their product. In my estimation the most perfect conditlon would be for a substitution of a combination of gas and oil for solid fuels. Today, however, oil must have the rizht of way over gas and other substitutes.” ‘ TELEPHONE CLERK BUYS $82,000 EXCHANGE SEAT By the Associated Press. NEW_ YORK, December 14.—Ben- jamin Jacobsen, a telephone clerk for Harris & Fuller, a New York Stock ILxchange house, today bought a seat on the exchange for $82,000. Jacob- sen is the thirtieth floor employe to buy & membership in the exchange during the past five years. " FIRST WHEAT SOLD. , Argentina’s New Crop Brings $1.15 Per Bushel. BUENOS AIRES, December 14.— The first lot of wheat from Argen- tna’s new crop was sold on the grain exchange yesterday at 13 1-§ pesos per hundred kilograms, which s eguivalent at the current exchange, to $1.15 per bushel. trees | onsin § south | FINANCIAL, BY WILLIAM F. HEFFERNAN, NEW YORK, December 14.—Heavy trading in the oil stocks overshadow- ed everything else on the curb mar- ket today, and these were bid up to the best prices reached in some time, Thursday's advance in crude oil quotations in the T territory were followed today by an increase of 25 cents a barrel in Pennsylvania crude fn the Bradford district. The belief prevailed that this Is the beginning of a general upward revision through- out the midcontinent territory. Pennsylvania ofls were the favor- ites, South Penn advancing close to 10 points, The demand for Gulf States Ol brought the stock up to practical- Iy its top, while Gulf Oil of Pennsyl- vania gained a point to 59 NEW YORK, December 14.—Follow- ing is an official list of bonds and stocks traded in York Curb Mar- ket toda, Sales in thousands 3 Allied Packers ¢ Allied Packers Alum T 20 Alum s mew 35 Am Cot’ OI 6y . Am Gus & Blec 0. Am Lt 6x w't war 1 Am T & Cities Col Grap' Con Gas I Cons Text | Deere & Dunlop T & K 7x, Federal Sugar 63 Fisher Hody {8 Fisher Body i Flaher Body Gatr, Koht neral P rand Trunk 6las. f Oll of I'a king Valley 6. Hood Hublber Inter Match Gign wi Kan City Term Kennecott Cop Nat Leather Sx.... % B wer & Lt e 6 Phila Phil Petro Tl S of U d < Elec Po Rending (oul Reading Coal Solvey et Cle Southern_Cal S0 NV 8O N Y Ts Swift & Co 3s. United O Prod 8 Webst Mills 658 wi FOREIGN v Argent By w King of Nether t Mol Mex BoL, 102 1051 014 KiTy 08 Mex efx dej STANDARD OIL ISSUES io_units. J 400 Anglo Am Oil 200 Atlantic Lobos keye I L tinent 01 new. aberland P 1 wrekn P L. Gal Nig Of im0l & Ite new me L of Can ¢ Transit Northern I T ORfo 031 new Praivie 01 & Gas Penn 3ex Fuel 5 Prairie P L ... Solar South I ! e | 3000 Vacum Oil new. . Sates in INDEPENDENT OIL STOCKS, ! hundreds i tited 3n o8 Wyo 4 o8 Dimy ey LA 1 14 I 0 Ao a seud Ssnd o & RO | cers Pet ... ! i Ol ! 1 | Gulf Oil of P Gulf St 0 & R W {1 Kirhy Pet ... 28 Livingston Pet com.—10 at at 10t 71 Wathiogton Gas Light—5 at 48%, & at 49, Money—Call losns. 5 and 6 per ceat. BONDS. Bid and Asked Prices. PUBLIC UTILITY. Bid. Asked 0. Tot Eler, Pow. £ m. & wsii., Alex. & Mt Vel N &Mt i Washing! { Washing Wash. Kws. MISCELLANEOUS. D. €. Paper Mfg. 8. Riggs Kealts 08 (long). Riggs Renity 5 (short).... Wash. Market Cold Storage Wardinan Park Hotel f..... STOCKS. PUBLIC UTILITY. n Tel. & Telg “Traction. on__ s k & Wash. Steal & B mboat... com Wash., Termijal Taxi com. NATIONAL BANK. Commerc District Farme: Federa Liberty Lincoln National TRUST COMPANY. | Security & Trust..... 205 A hental Trust. 2 Bank Talon, U sk Wachigton Loan & Trast.... 350 SAVINGS BANK. Security Sav. & Cor Beventh Street. Cnited States, Washiogton Mecha FIRE INSURANCE. American - MISCELLANEOUS, Pager ptd.. funte: Transor & Storage Mergentunler Linotype. ©Old ‘Dutch Market com. 0ld Dutch Market pfd. Lanston Monotyve... Becurity storage..... Washington Market. Yellow Cab............esiee 81 *Ex-dividend. {Extra dividend of. 2 per 3 8 NEW YORK CURB MARKET Recelved by Private Wire Direct to The Star Office ! American Tel. & Tel. 6. | Angt Standard Oil stocks generally weré up from a half point to five points. Speciul strength appeared in Prairie 011 and Gas following declaration of the regular quarterly dividend of §2. Standard of Kentucky was another favorite, getting up Gpoints to 105, and Ohlo Ofl l;cunlgd a gain of oints, just under 70. . P he rjelnurknhle rise in Southern States kept on and the stock reach- ed a new high at 28. Cities Service common came off under realizing sales, but joined in the upturn later. Other industrials were again in fair demand, National Dairy Products reaching a fresh tcp at 33 Mesabi Iron crossed 7 for a_ gain of more than 2 points from the low of last week. The recovery was in response to the favorable reports from the iron and st 1 Mammoth 11 a9 Murland Mex xican Mount Mount Gulf.. Mutual Oil Voi oft New Brad O wi.. el Pennock Ofl... Bank Ol new. o Rupulpa Itens “uboard O i Stazes Ol arman Of . cox 01 & Gas INDUSTRIALS. Amul Leather 13% Am-Hawaian S L & Tract . Archer Dan_ Midlds Armour & Co pfd Atlantic Fraft w i, Riklyn Sh Hridgeport Brit-Amer Brooklsn City Car Light ... ent Te Centrifug Iro “hie Nip new wi Ch Nip b tr ow Cuba Co 5 DL Dubi Duran Durant Mo Dunhill ‘Tt Toe Ford Motor Co Can Gillette Safets Raz easanite Prod Co. len Alden Coal .. Gold Dust Co w i dvear Tire . riffith, D W den’ Chiem . Hudson & Man R R Inter Contl Hubber it Concrete Ind Co 125 Kresge Dept Stores. Libby, MeN & L nw Lig Mar Coal Co... 10 R R wl £ P o OEFORE L Co ptd.. 1 itford.... Fipe Wil Corp 15t ptd MININ thorne Mine. Hecla Mine.. Howe Sound Independen Lone Star.. Mason Valiex. MeRiu Dar.. Mohiean Copper . Domiini Porcupine Onlo ited St Croix Mines iverdale .. lver. Horn Min Iymonth Lea Am Gold & P ... pearhead Gold ... 10 Stowart Mines 10 Buccess Mines 10 Superstition M h.d 10 Kutheriand Dev Min 3 Teck Hughes 10 Toropah Telmont 4 Tonopahi Extens ... 67 United Eastern ... 30 U 8 Contin new wi . 1 Unity Gold 10 Wenden Copper . . Yukon Gol 1 Wilte K SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) ~——Noon.— B, Offer Aluminum Co. of Amer. Ts 1925. 102 Alumipum Co. of Amer. 7x 1953 American Cotton Oil 6x 1024... American Suger 6s 1987..... American Tel. & Tel. fa'16: Anuconda Copper s 1926, American Oil 7Tigs 1923 Baltimore & Ohio v 1 Canadian Northern Slas 1024 Central Argentine R Central Leathet = Chi., R 1. & Pacific Shs 1926. Du Pont Tis 1631 PR Edtson EL 101, of Bos. 5igs 1925 ar Ref. fis 1033 68 1037 &5 1431 1036 . an State Tel % M.RE D& 8. B g 1051 Morris & Co. 7338 108070 Pennn. R I 7 1080, 000000 8t Paul Unlon Depot Gts 1023 Swift & Co. B8 02 er Ol 63 1081... ank Car 7 1030 TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) Noon. Rate—Matcrity. Offee. March 15, 1924. 100 3153 March 1 1003 5%s June 13. 100 29.32 5igs Reptember 15, 101 14 335 March 15, 1625. 300 4158 June 15, 1925.. 100 3-18 s December 16, 1635... 99 2932 100 dfte Maeeh 13, Toas - 10 100 1085 100 22,82 43 September’ 13, 1020... 00 21-32 §9 25.32 4%s Marcn 15, 1027, 100 25.8; 2 413x December 15, 1027... WOOL BUYING LIVELY. 100714 1100116 Turn for Better Reported in Bos- ton Market. Special Dispatch to The Star. BOSTON, December 14.—A scramble by dealers to obtain western wool featured today's raw wool markets. Depleted stocks are the rule in most Boston houses now, and with Austra- lian mherinos and good territory wools scarce, western growers appear to stand a good chance of getting their prices for their heavy holdings, pro- Vided heavyweight business material- izes as expected. Receipts at HBoston Thursday were 1,295 bags of domestic and 64 bales of foreign wool. DRY GOODS PICK UP. Special Dispatch to The Star. NEW YORK. December 14.—Trad- ing in the cotton goods markets broadened somewhat today as buyers began to adjust themseives to the certainty of a shortage of the raw product. Print cloth. prices were steady at 113 for 64x60 and 13% for £8x72. The raw silk market, in- fluenced to some extent perhaps by the idea that the high prices of cot- ton goods will turn many purchasers toward silk, halted its recent decline and staarted “‘;I. Increases of 10 to 20 cents a pound were named on both Japanese and Chinese grades. 2 i committee. LEGISLATION STUDY Bankers’ President Also Op- timistic on Business Out- look for 1924. By the Asmoclated Press. CLEVELAND, Ohlo, December 14.— Seven hundred Ohfo bankers attend- tng the annual meeting of the Bank- ers’ Club of Cleveland last night heard expressions of optimism as to the business outlook in 1924, from Walter W. Head of Omaha, president of the American Bankers' Associa- tion; Fred L. Kent, New York finan- cler, and L. F. Loree, president of the Delaware and Hudson Railrond Com- pany. Mr. Head urged business men to be more alert in national affairs and seek to bring about relief from ex- cessive governmental regulation and the rapidly increasing number of laws of all kinds. The meeting also went on ag opposed to a soldiers' bonus or adjusted compensation, but it ex- pressed ftself in favor of liberal ex- penditure for the care of disabled | veterans DOLLAR AND POUND record New Rentenmark Results in Tem- porary Scarcity of Paper Marks. By the Associated Press BERLIN, December 14.—The ever- changing money situation entered into a novel phase yesterday, when the dollar and the pound sterling dipped well below the officially fixed quotation of, respectively, 4,200,000,- 000,000 and 18,000,000,000,000. Ex- change o s refused to v than 3,800.000,000.000 #nd 15,000.000,- 000,000, e banks professed reluc- tance to take foreign notes, whereas a few weeks ago they almost fought another to obtain them. he reason advanced for this situa- tion was that the cessation of the money printing presses and the per- colatfon of the new rentenmark into circulation s causing a temporary scarcity in paper marks. But the suspicion was unavoidable that the banks were en ed in squeezing pthe public on paper marks, as they did before on dollars and pounds The Rentenbank alone is officially suthorized to change forelgn cur- rencies at the officlal rates for ren- tenmarks. These rentenmarks, how- over, aro only issued in limited quantities, <o that foreigners in Ber lin are wholly at the mercy of the money changers. who, for the mo- ment, control the situation. TODAY’S DIVIDENDS; WALL STREET BRIEFS Studebalrer-Maxwell Merger Talk Not Renewed, Erskine Asserts. By the Associated Press. NEW YORK, December 14—Presi- dent Erskine of the Studebaker Cor- roration has informed questioners in New York that there has been renewal of negotiations for a merger with Maxwell Motors. Wall street had reports that the al” was being talked again The Anglo-American Corporation of South Africa has declared a divi- the 71; per cent payment last year. The annual Christmas entertain- ment for children of the financial district will be held in the New York Curb Market at noon December 22. Several minor changes In the ruies of the Consolidated Stock Exchange have been recommended by the law one of the changes, cern the diseiplinary 8 stated. lowever, cor {features, 1t w International banker: are without information as to the reported visit to New York of Pre- mier Theodore of Queensland. It is {reported that the Queensiand premier will discuss an American loan to hix country. The Prairie Oil and Gas Company has declared the regular quarteriy dividend of $2, pavable January 3 to stock of record December 31. —_— COTTON REPORT OUT. Census Announces Figures on No- vember Consumption. Cotton consumed during November amounted to 531,631 running bales of lint and 48,069 bales of linters, com- pared with 541,825 of lint and 56,128 linters In October this year and 9,190 of lint and 55,128 of linters in November last year, the census bu- rean announced today. Imports during November totaled 84 bales, compared with 7,615 in October this vear and 49,551 in No- vember last year. Exports totaled 770,002 bales, cluding 5,097 bales of linters, com- pared with 781,722 bales, including 3,938 of linters, In October this year, and 858,337, Including 2,827 in linters, in_November last vear. Cotton spindles active during No- vember totaled 34,101,452, compared with 34,378,662 in_October this year and 34,658,096 in November last yeur. HUGE RIVER SHIPMENTS. PITTSBURGH, Pa., December 14— Thirteen barges loaded with thousands of tons of steel products, representing the largest movement of steel since river transportation was inaugurated by the Jones & Laughlin Steel Corpora- tion, left here In tow of the steamboat Warren Elsey for distribution to points along the Ohio and Mississippl rivers. DIVIDENDS. r};:, Rate. 3§ Q assert they in- Pay- able. Toe Jan: an. §2/00 Jan. $10.00 Dec. 14 2% Dec. 20 Jan, Jan, Jan. 15 Jan! 81 Jan, Jan. Jan. Feb. Jan. Company. Am La France... Am La France pf Albany & Susq Appleton Co..... Babeock & Wilcox Bank of Man Co.. Bank of Man Co.. Bell Tel of Can.. Risn Shoes........ Bos & Prov iR, Can Westing Ltd Can Westing Ld. Carolina Pr & Lt. Car Pr & Lt pf... Coal & T Nat Bk. Chi, l&LRRB.. c1&LRRpt Cent “Aguirre Sug Devoe & Rey 1 Dom Cab Lid pf.. 1 Paso & Southw Gen Ry Signal pf Q 2 R R ®IT R (TSI - TE P 19 8% gy a1z R *M**‘l‘ F R S £ RIRRE North Securities National Bank of Commer_(Det.). National Bank of Commer (Det.). ex 0id Colony R K. @ Pac Gas Elec.. 8 Q 1 o 5] Tenn Pr & Lt pf. ] ge ... 8o ‘Wisconsin Elec Bo Wis Elec ¢ pt 8tandard Gas & EI Victor Talk Mach Vic Talk Mh pf.. Vic Talk Maci Wilsor Co pf..... Tadkin Riv Po pt R S°a sis Pt o Eamen o ARAN | SURPRISE BERLIN| more | no | dend of 10 per cent. an increase from | CRUDE OIL PRICES BOOSTED 25_‘ CENTS Advances on" Six Grades Put. Into Effect at Opening of To- ° day’s Market. z By the Assoclated Press. PITTSBURGH, Pa., December 14. An increase of 25 cents a barrel in the price of six grades of Pennsyl- vania crude ofl was announced when | the market opened today. The new prices ar Pennsylvania grade in New York Transit Company lines and Bradford district oll in National Transit Com- | pany lines, $255. and Pennsylvania | grade ofl in Natonal Transit Com- ipany lines, Southwest Pennsylvanta lines, Kureka Pipe Line Company jlines and Buckeye Pipe Company lines, $2.60. Other grades were unchanged. State Loses OIl Suit. AUSTIN, Tex., December 14.—The Standard Ofl Company of New Jersey is not doing business in Texas be- cause it owns the majority stock of the Humble Ofl and Refining Com- pany_of Houston, Judge Calhoun of the Travis county district court held in the state’s anti-trust suit against the Humble Company. In deciding against the state, the court sald he d by dectsions of the United upreme Court. The court held “that the mere fact {that a foreign company has cquired the stock of a Texas company does not constitute dotng business in vxas by a foreign company. After Mexican 011 Compantes. NEW YORK. December 14. The! Marland Ojl Company of Delaware, has arranged to take over part of the minority holdings of the Marland Company of Mexico and the Consoli- date Ofi Company of Mexico, infor- mation filed with the New York Stock Exchange disclose The Delaware Company seeks to acquire 80 per cent lof the outstanding stock of the two { Mexican companies, it was stated. GOURT DISSOLVES - CEMENT COMBINE Judge Says Association Kept | Supply Behind Demand, Handicapping Builders. By the Associated Press NEW YORK. December { Cement Manufacturers' Protective ociation, which Is sald to have spent | $1,000,000 yearly in exchanging dta- | tisties on production, credits and use of cement in this country, was dis- solved in a decree signed last night | by Federal Judge Knox The disso- lution of the association was ordered i last October by Judge Knox on the | ground it operated in violation of the ‘[h’llorn.‘-n anti-trust law, The decision was after ex- tended iitigation. Knox ex- tended the dissolution to include the corporate and individual members of | the assoctation. He also ordered that the practice of interchanging statis- tics be discontinued. In Judge Knox's opinion one of the effects of the interchamge of sta | tistics was to keep the supply of ¢ ment a little behind the demand through the common ¢ sent and ac- i tion of the assoclation members. One of the big expenses of the as: tion | was that of supervising sp e job | | work, it was That activity was | ald to have n very trying to| i builders and is prohibited by the de- | 1 \PRICES UNSTEADY IN COTTON MARKET | IU. S. Government Report About as| i Expected on Actual i | 14.—The As- Consumption. | By the Asso NEW YORK, uted Press. Deécember 14.—The “COHOH market showed renewed ner- vousness early today. The opening was 7 to 32 points lower under scat- tered selling inspired by relatively easy Liverpool cables, with January off to 34.20 and March to 34.68 on the call. The census report showing do- mestic consumption of 1,631 bales was about in line with expectations, and after the inftial selling orders had been absorbed the market stiff- ened up a few points on covering. There were rumors that private re- turns indicated a ginning of 9,473,000 bales to' Decemher 13, but the figures were not confirmed. Private cables reported a moderate trade demand in i Liverpool and a slightly better spot demand, but said general business was quiet. NEW ORLEANS, December Cotton fut opened steady. cember, 34.28: Janyary, 34.40; 34.62; May, 34.60; July, |AUTO PLANTS ABSORBING LABOR AT HIGH RATE Bpecial Dispatch to The Star. DETROIT, December 14.—After sev. eral weeks of declining employment in industrial plants here, the situa- {tion has reversed itself and the last two weeks showed sharp increases |@ue to unusual activity at automobile The total thi: k was 217,- 097, an increase of For the corresponding week last year the total was 179.695. The largest in- creases were in the Ford and Chev- rolet plants. CLEVELAND, December 14 —Cleve- land manufacturerf of automobiles and accessorics arc planning exten- sive production after the turn of the year. The Chandler Company pro- Doses to make 22500 cars in 1924 compared with about 17.500 this year. Jordan is finishing its best year with about 10,000 cars produced and the Stearns Company business is running about double what it was a year ago. WARREN, Ohio, December 14.—Em- ployment will be given to one thou- sand workers here by the opening of six new motor accessory plants after January 1 and the extension of op- erations by the Packard Electric Company, maker of electric cables used on automobiles. LOANS BY FARMERS PASS ALL RECORDS Special Disateh to The Star. NEW ORLEANS, December 14.—Ap- plications for farm loans from the New_Orleans Federal Reserve Bank for November were the largest aver known. They totaled $5.600,000 from Louisiana, Mississippi and 'Alabama. Of these applications, 371 totaling $1,- 700,000 were from this state, 82§ for $2,400,000 were from Mississippl and 710 aggregating $1,600,000 were from Alabama. PARIS MARKET SEOTTY., PARIS, December 14.—Prices moved irregylarly on the bourse today. Three per cent rentes, 54 francs 60 centimes. Exchange on London, §2 francs, 20 centimes. Five per cent loan, 68 francs 70 cefitimes. The dol- lar was quoted at 18 francs 82% cen- times. 14— De- March, plants. w e THE EVENING STAR, WASHINGTON, D. C, FRIDAY, DECEMBE IPLEADS FOR GLOSE i Mra. R 14, 1923, COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY SAN FRANCISCO, December 14.— Only fifteen new ofl wells were start- ed in California in the last week com- pared with eighteen for the previous week and a weekly average of twen- seven since the first of the year. CHICAGO, December 14.—The mar- ket for bullding materials is unset- tled owing to the uncertainty of the outcome of approaching conferences between employers and workers. New contracts must be drawn up before January 1 with teamsters, chauf- feurs and helpers. JOPLIN, Mo., December 14—Pro- duction of zin¢ ore in the tri-state fields for the first forty-eight weeks of this year totaled 600,000 tons, the largest In the Ristory of the district. BOSTON, December 14.—Trading in flour here continues dull and unsat- isfactory, with buyers showing littie anxiety 'to fill their requirements. Unsettleme n the wheat markets has led to pPediction of lower flour prices. Local prices have shown a drop of 6 to 10 cents a barrel. BETHLEHEM, Pa, December 14— Employes of the R. K. Laros Silk Company will be given a bonus totaling $1%8,000 at Christmas as a result of the profit-sharing plan of the company. This will bring the distribution to employes during the year to $55, The new plant of the company is run- ning full tim KANSAS CITY, Mo, December 14.— Dry geods merchants report that buyers are showing special interest in plaid velura, a soft-finished fabric for dresses, alling at about $8.50 vard. here is also an increased demand for ginghams. Prices on these goods, which will be featured in spring sales, are the lowest in yeurs. U.0.C. TOADIUST FIGHT HERE SOON Organization Rupture to Get Decision of National Head of Body. 00. at Eastonnow Ther Distri are in Washington today two t of Columbia divisions of the United Daughters of the Confederacy, whereas there should only be one. Which is which and who's who will be by the president general of the national organization in a short time. Last week then one division of the Daughters met in annual session, and when, it is charged, Mrs. Walter E. Hutton, the presiding officer, would not agree to presentation of the re- port of the credentials committee, many women rose, expressed indigna- tion and left the assembly. What was left of the meeting proceeded, officers were elected and apparently every- thing settled down. Yesterday, however, those women who walked out because the creden- tials commitiee report was mot al- to be read (direct charge is L it would show & “padding’ b rolls of Robert L. pter, of which Mrs. Hatton would be concerned), gathered in Con- fe ate Memorial Hall, 1322 Vermont avenue. and formed what it belleves to be the bona fide District of Colum- bia division of the United Daughters of the Confederacy. Elected New Officers. . They elected the following officers: D. C. Ludlow president; M Frances W. Weeks, first vice presi- dent; Mrs. Marie G. Bonham. second vice ‘president: Mrs. Mary L Beall, recording secretary; Mrs. Forrest F. Vrooman, corresponding secretary; Miss -Lilllan Chenoweth, treasurer; Mrs. Preston McWhorter, registrar. Mrs, John I. Steele, auditor; Miss Goodwin L. Ellsworth, historia Lena Wilkins, custodian; Mrs. “W lace Streater, parliamentarian: and Miss Effie Tancill, chaplain According to an announcement made today by Mgs. Vrooman on authorization of the president. “a majority of the chapters of the orig- inal United Daughters of the Con- federacy were present.” Mrs. Vrooman said that as the hour of the meeting approached some of the followers of Mrs Hutton were present at the outside of the building and took the names of women Who went in and formed the new division. The entire situation that existed in the original division before the re- volt will be laid before the president general for final decision, . Mrs. Vrooman said. FIVE ARE INDIGTED - INTWO MURDERS Ralph Thomas, Colored, Is Charged With Slaying Wife Last July. Ralph Thomas, colored, was in- dicted by the grand jury today for murder in the first degree. He is alleged to have cut the throat of his wife, Sadle Thomas, at 221 Eye street southwest, July 31 last. Jeal- ousy is given as the cause of the homicide. Other indictments for murder in the first degree were reported against Ernest A. Brown, Lloyd Monroe, Wil- liam Ludley and John P. Slaughter, all colored. They are charged with killing Policeman John W. Purcell A former indictment against the men was discovered to be inaccurate. Other Indictments Others indicted and the charges sgainst them are: Ranzel R. Peel, non-support; Robert Young, Roy Jones and Frank Wilson, grand lar- ceny; Harry Smith and Clement Smith, assault with dangerous weap- pn; Perry A. Smith, false pretenses; Donald E. Johnson, assault with dan- gerous weapon; Jacob Shoofal, non- support. ° James Green, embezzlement: John Abersole and Frank Christopher, bring- ing stolen autos into District: Morris Wasserman, violating postal laws: John Cephas, non-support; Carroll Thomas, non-support; Otis Smith, violation white slave act; Gertrude Adams, alias Maud Johnson, grand larceny; Albert L. Calvert, assault with dangerous weapon; James W. Hebron, Mack Oxi and Erastus Jarman, forgery and uttering; Ellen Nelson, Marie Wise, John Smallwood, Virginia Lee, Ford Muse and_Patrick Allen, robbery; Robert H. Beaty, grand larceny. The grand jury ignored the follow- ing cases: Muriel Bias, carnal knowl- edge; Allen J. Haskins, carnal knowl- edge; Harry Gaines, seduction; Helen E. Gwyn, grand larcen: Robert A. Mocre, assault with dangerous weapon; _ Eimer Grubb, joyriding; John 8. Elliott, receiving stelen prop- erty. ' Miss | Champ Fitzhugh. recorder of crosses, FINANCIAL. Oil Taxes Insufficient, But Other Government Funds Promised. By the Awsoctated Pres MEXICO CITY, December 11 (via Laredo, delayed).—Leon Salinas, sub- secretary of the treasury, stated to- day that petroleum taxes receivable were Insufficient to cover the amount needed to complete the first payment | of $15,000,000 under the Lamont finan- | clal agreement with United States| bankers, but would be supplemented | with funds taken from other govern- | ment sources. The entire amount ! still due would be forwarded between | December 20 and December 25, he, added. ; Assurances that the administration had determined that it was capable of carrying out the agreement were reiterated by Senor Salinas. Ramon Ross, governor of the federal district | and former member of the pre-rec- | ognition commission, was due Washington on a special mission Sat- iirday Lack of a quorum prevented the | Sonate from meeting today. quently consideration of the claims | conventlons was delayed, while politi- cal debate in the chamber of deputies blocked legislation there. A8 a result of government initia- tive, a meeting of wholesalers and | retailers of foodstuffs and living ne- | cessities agreed voluntarily to limit | price increases to & maximum of 40 per cent, after the cost of some arti- | | cles had been increased more than 100 per cent during the past ten days. SEASONAL SURPLUS OF LABOR IS NOTED| Secretary Davis Reports on Presfl; ent Employment Conditions in Washington and Elsewhere. ’ There is at present a seasonal sur- plus of skilled and unskilled labor ap- parent in Washington, according to a report on employment condltions in the Capital, made public today Iyl Secretary of Labor Davis. \ Building construction continues on a large scale, the report said, al- though there has been a slight let-up in this activity. The usual shortage | of clerical positions was not quite as ' acpte as last month, and there g a surplus for this class of worker. There are continued demands for domestic help equaling demand. A slight decrease in.the number of | persons gainfully employed on N vember 30 in the United States wa shown in the report. Records of 1,428 Jarge employing firms showed that the decrease was bare! f of 1 per cent. In seven separate industries, includ- ing tobacco manufacturing. non-fer- Tous metal working and textile weaving, there were slight increases in the month in the total number of persons employed. Reductions in working_forces were noted in steel, with the supply nearly |” leather, food preparing and manufac- ture of automotive produc Capital One Million Dollars 1 UNDER UNITED STATES GOVERNMENT SUPERVISION Safety and Interest Guaranteed 49, Savings Deposits 4 % 5% Certificates of Deposit5 % Free Checking Service Banking Hours: 8:30 to 5 P.). THE DEPARTMENTAL BANK 1714 Pennsylvania Ave. N.W. F. amily Economics Every up-to-date business man operates under some sort of “budget system.” every family: If this is done, there must be a place for “SAVINGS.” When you sit around the fireside and plan your expenditures for 1924 see that a portion of your funds is set aside to purchase some of our FIRST MORTGAG safe, pay a most liberal income, and we assume all the work incident to collec- absolutel tion, etc. We Offer for Sale FIRST MORTGAGE LOANS Bearing 6,9, Secured on HOME PROP- ERTIES at less than one- hali_of value. This Is the Safest Possible Security Guaranteed Title Investment from $500 upwards | Waggaman & Brawner, Inc. Franklin 7485 732 Seventeenth Street N.W. | T ovsamd! 3) The Precautions We Take In —safeguarding our clients vesting in First Mortgage Notes account for our record of to a_ client of much « sinsle penny cither principal or interest MOREOVER that collecting interest attended to Notes Now Available —in_ amounts of $100 up to to $5,000 bearing 7% Interest Send for descriptive booklet for Sull information. CHAS. D. SAGER Loan Department 924 14th St. NW. Main 36 FIRST MORTGAGE NOTES s i vou have stment full never a loss nd re- ts promptly For sale. Consult funds for THOS. E. JARRELL Member Washington Res, Woodward Bldg. * Safe Investment First mortgage loans In denominations of $200, $500 and $1,000, sccured on improved real estate t 6% per cent, payable weml-annu TERRELL & LITTLE, Inc. Realtors 1208 18th St. N.W. MORTGAGE LOANS Denominations $100 to $6,250 Interest Rates 64% and 7% All loans secured on modern homes und busi ness property in best northwest sections of the city. Ask’ for Intormation MORRIS CAFRITZ CO ; 913 15th St NAV. Mein 617 r Money to Loan Secured by first deed of trust on real estate. Joseph I Weller £23,%h & & Trae Eidg., 9th & F N.W. EQUITABLE“ Co-Operative Building Association Organized 1879 434 YEAR COMPLETED Assets Surplus Systematic Saving It is the most effective way to get shead financially. This has been demonstrated through years of ex- perience. Subscription for the 85th Issue of Stock Being Recetved Shares, $2.50 Per Month EQUITABLE BUILDING 915 F St. N.W. JOHN JOY EDSON. Presidemt FRANK P. REESIDE, Seey. o should . NOTES. They are Partial payments may be arranged, upon which full interest rates are allowed. Consult Our Mortgage Dept. SHANN 713 14th St. N.W. ON: & LUCHS Main 2345