Evening Star Newspaper, January 24, 1924, Page 25

ENOUGH HEAT “Electrolize” your heating plant and you'll have no difficulty keeping warm, even in zero weather—at minimum cost. Electrol Automatic 0il Burners —are Thermostatically controlled: any temperature desired can be attained and malintained. oas pilot re- Almost any plant can be Electrolized. gFCome in and_see “The Electrol” the job—uwa're “Electrol” heated. Sole Distributors for D. C. and Viciaity BIGGS “rpprap ATING ENGINEERS Plumbing, Hot-Water and Vapor Heating Plant Instailations and Repairs RN on Mothers, Dd This---: When the Children Cough, Rub Musterole on Throats and Chests No telling how soon the symptoms may develop into croup, or worse. And then's when you're glad you have a Jar of Musterole at hand to give Prompt relief. It does not biister. As first aid, Musterole is excellent. Thousands of mothers know it. You should keep a jar reacy for instant u. It is the remedy for adults, too. Re- lieves sore throat, bronchitis, tonsillitis, croup, stiff neck, asthma. neuralgia, headache, congestion, pleurisy, rhe: matism, lumbago, back or joints, sprains, sore muscles, chilblains, frosted feet and colds of the chest (it may prevent penumonia). To .flla{hnx: Musterole is also made in milder form for babies and small children. Ask for Children's Musterole. 35¢c and 65c, Jars and tubes. STEn SPIRIN Say “Bayer”’-Genuine! | pains and aches of |y 1. TRADE BALANGE LIKELY TOSLOWUP Growth in Home Population to Keep Goods Here, Ex- perts on Trade Report. Special Dispatch to The Star. NEW YORK, January 24.—An- nouncement that the “favorable trade balance” of the United States in the calendar year 1923 was $376,000,000, or @ little more than an average of a imiillion dollarsa day, and in the single month of December $144,000,000, lends interest to a statement of the Trade Record of the National City Bank on the trade balance “habit” of the coun- try during the 134 years since the adoption of the present form of gov- ernment and the establishment of a permanent annual record of imports and exports. When Balance Turned. It was only in the period follow- ing the development of the produc- Ing powers of the great Mississippl valley, through the transportation facilities supplied by railways, says the Trade Record, that the United States began to deévelop a “favorable trade balance,” as the excess of ex- 1orts over imports is sometimes call- ed. Prior to 1876. in which year our railways totaled 79.000 miles against 9,000 in 1850, imports usually exceed- ed exports. but following that year the favorable balance began to be a characteristic of our foreign trade. In the eighty-six years from 1789 {10 the end of 1875 there were only occasions in which exports ced imports. In_the vears since 1875 there three occasions in failed to exceed Im- the excess of exports 00. in 1850 $168.000,000, 00,000, jumping with the {big demands of the war to over a bil- ilion dollars in the fiscal year 1915, {two and a half billions In 1917 and a little over four billlons in the fiscal year 1919, War Changed Conditions. With the fall off in world demand which followed the close of the war and the increase in home demand for our natural products. our exports dropped from the high record mark € $5.000,000.000 in thte fiscal vear 1520 fo $3.832,000,000 in the calendar but advanced to $4,165,000,- i The total excess of ex- I ports over imports in the 134 years jSince 1788 is. in round terms, $30,- 000,000,000, or an annual average of about $224.000,000, against $376,000,000 in the calendar year 1923, which, however, showed a smaller favorable balance ‘than in any year since the fiscal year 1910, when the excess of ¢Xports waw but $188.000,000. The largest favorable balance occurred during the war period, when Europe bought from us enormous quantities of food and war materials and had little surplus to send us in exchange. Balance For U. §. Sure to Drop. This slowing down of our “favor- able balance,” the excess of exports over imports, adds the Trade Record, is the natural result of the growth of eur consuming population, which stands today at 110,000,000, or practi- | cally double that of 1885, while no additions have been made to the pro- icing area meantime. While, of urse, the “fence corners” are now | being more closely cultivated than in 1885. it cannot be expected that the sixteen ed or e: -eight been {in 1914 §471 surplus of natural products remain- ling after feeding 110.000,000 people { will be as great as when our popula- tion was but 55,000,000, The experience of ail older natlons THE ; Tips for Taxpayers No. 23 Taxpayers, in the preparation of their 1923 Income tax returns, should note carefully the distine- tion between business expenses and capital expenditures. Business expenses are deductible, but a capital expenditure may not be. For example, a manufacturer may erect a new bullding at a cost of $100,000 and spend on it during the Jeur 3600 for repairs, such us paint- ng the roof, replacing broken win- dows, etc. The cost of the incidental repairs may be deducted, but the cost of the building s a capital in- vestment, which is not deductible, Articles that will last more than a year purchased for use in busineas, trade or profession are considered capital investments. These include booka bought by a lawyer, physician, Dprofessional man, a surgeon's in- struments, an expressman’'s truck or & farmer’s tractor. Even when used wholly in carry- ing on a business, trade or profes- sion the purchase price of an auto- mobile is not deductible. If used partly for business and part- 1y for pleasure and convepience, the cost of upkeep, gasoline, Tepairs, etc., may be apporiioned accordingly, and that part attributable to busi- ness purposes deducted as a business expense. Necessary expenses incurred In the maintenance of property lensed to others may be deducted by the own- er. These include premiums on fire insurance policies, the cost of water, light, heat, janitor services and minor repairs. UTILITY COMPANIES T0 FORM BIG UNITS Steps Taken in Pennsylvania to Merge 69 Small Comcerns. Other Plans on Foot. Special Dispatch to The Stay PHILADELPHIA, January 24.—Con- solidation or absorption of the smaller electric power companies to form larger and more efficient units prom- ises to be one of the features of busi- ness and industry in Pennsylvania this year, mccording to the Pennsyl- vania public service information com- n:dttee. The largest of these mergers is contemplated In Johnstown, where the Penn Public Service Company has {applied for permission to consolidate sixty-nine minor companies. At Altoona. the Penn Central Light and Power Company is contemplating organization of five subsidiaries. The Middleburgh Light, Heat and Power Company is negotiating for the pur- chase of five utility companies and the Union Electric Power Company, at Hummelstown, has asked approval of the purchase of the Hummelstown Water and Power Company. —_— I. C. C. UNDER TEST. Railroad Ruling Today Reached U. S. Bupreme Court. The fight of a number of important rallway systems to prevent the New York Central from acquiring owner- ship of the Chicago River and In- diana railroad and leasing control of the Chicago Junction rafiway reacted the Supreme Court today for rallroad circles as a test of authority of the Interstate Commerce Commis- sion. argument. The case is regarded in | ‘EVENING STAR, WASHINGTON, D. C, IAID FOR FARMERS INSMALLER CROPS Cutting Wheat Production, Not Price-Fixing, Only Remedy, Banker Says. By the Associated Press. URBANA, 111, January 24.—Reduced production is the only remedy by which wheat farmers may improve their present ocondition, George E. Roberts, vice president of the Na- tional City Bank of New York, said last night In an address on “The Fallacy of Price-Fixing” before the annual Farmers' week of the Univer- sity of Illinols. “Even though the government, or some other organization, might set a price for wheat under these condl- tions of overproduction,” he continu- ed, “it would be impossible to fix consumption, and no power on earth could force the world to consume the crop at the price set, if there was not a sufficlent demand for wheat.” Farm Conditions Improving. OMAHA, January 24.—Gradual im- provements in farm conditions in the middle west is reflected in rehabllitation of local cosoperative exchanges, Le Roy Melton of Greenville, Ill., president of the Farmers' Equity Unfon, told the thirteenth annual convention of that or- ganization here, * The equity organization is & business co-operative farm group, promoting marketing of grain and dairy products. for Your vour Executor the in the administration ALEXANDER WOLF Trust Officer 509 Seventh { ( with locals in Illinois, Indiana, Ohio and several other atates. Farmers’ Bank Closed. BISMARCK, N. D., January 24.—The Farmers' State Bank of Churchs Ferry, with a capital of $10,000 and deposits of $20,000, and the Security. Bank of Oberon, with a_capital of §15,000 and deposits of $90,000, have closed, the state banking department announced tod: Nebraska Bank Falls. LINCOLN, Neb, January 24.—The Bank of Waverly, at Waverly, Neb, closed fts doors yesterday under direc- tion of the state finance department. K. C. Knudson, head of the finance depar ment, sald the bank had been in an in- solvent condition for three years. Capi- talization was $15,000 and deposits $200,000. KNIT GOODS BUYERS ACTIVE IN MARKETS Special Dispatch to The Star. NEW YORK, January 24.—Jobbers who are now In the local market aft- er attending the annual convention the Wholesalers' Association of Knit Goods Buyers at the Waldort last week are purchasing freely, though conservatively, according to reports from the downtown sellini agents. It s estimated, based i previous seasons, that the orders now in hand for knit underwear for next fall cover from 25 to 40 per cent of the total requirements of the trade. Mosat of the orders now being placed specify delivery during June to Sep- tember, Indicating that the wholesale distributors have little or no reserves in stock. WALL STREET NOTES. Exchange Figures in $50,000,000 Canadian Bond Award. NEW YORK, January 24—Award of the Canadian National rallway's $60,000,000 bond issue to a Canadian syndicate, according to New York bankers, was influenced to some ex- tent by ‘a desire to avold the risk of exchange rate fluctuations. The pur- chase of bonds by the Canadian Smoothing the Way Executor By appointing this Bank, through its Trust Department, to be a Co-Executor of your will you place at the disposal of Counsel, Advice and Assistance of a corps of trained experts of Estates and Trust Funds, without increasing the cost of the administration of your estate. It is in no way a reflection on your named executor—rather, gives him added | facilities for the execution of details, leav- ing him free for the performance of the | larger, more vital duties of his office. | Second National Bank “The Bank of Utmost Service” VICTOR B. DEYBER President Street N.W. 1333 G Street N.W. THURSDAY, JANUARY 24, 1926 24, 1924. roup, coming after the successful flotation of & $150,000,000 ~Dominion loan last fall, it was sald, demon- strated conclusively Canada’s ability to do Its own financing. Bond aad stock issues incident to the segregation of the coal properties of the Philadelphia and Reading rail- Toad have been listed on the New York Stock Exchange. They include $63,084,700 general and refunding mortgage 4% per cent bonds of the Reading _Company; $31,542,300 re- funding mortgage b per cent sinking fund bonds of the Philadelphia and |mon and managers' stock for new Reading Coal and fron Company, and |« 1,400,000 | of certificates of interest shares of utock in the same compuny Net income of the United Fruit Company in 1923 totaled $23,097 an increase of $4,246,012 over With $10,000,000 dedicted for 1924 dividends, the profit and loss surplus as increased from $44,970,022 to $48,- Books of the United States Dis- tributing _ Corporation will close March 31 for exchange on both com- in t Never Rains But It Pours T takes money, the saying goes, to make money. The same might be said of health. Good health means bodily energy. Energy inspires exertion and exercise. Exercise improves bealth and builds more strength and vigor. Always back of good health is nourishing food— foods rich in energy producing elements. One of these essential elenents is called Dextrose, which supplies much strength and vitality. There is a large percentage of Dextrose in deli- cious Karo, which makes Karo an especially nourish- ing food for growing children. They love its sweet and delightful flavor. Serve plenty of Karo. The Blue Label and Red Label Karo are equally nutritious. Get this Beautiful Aluminum Syrup Pitcher Worth $1-00 for 40c and 3 Karo Labels Buy 3 cans of Karo from your grocer, send labels to address belo with 40c and you will receive the Pitcher by parcel post. ‘Write Corn Products Sales Co., 204 Candler Buildiog, Baltimore, Md. [ tificates, on the basie of one share mon and one-fourth share d for each share of the nraon or managers' stock Exposure. tontrent How preumonia v son-——Doctah. he bought a diamond shirt stud! te. vour husband |is that as their population increase | the excess of exports decreases and, | finally, is replaced by an excess of imports. The imports of all Euro- i pean countries when combined total for the latest avallable year about $12,000,000,000, while their total ex- ports stand at but about $9,000,000, 1 000. "And this is true also of the prin- | cipal countries of Asia. The younger {and_less densely populated countries ! of North and South America, Africa See Opposite Page for 100 Wonderful On Sale Fourth Floor Extra Space and | cesses of exports. i Genuine “Bayer Tablets of Aspirin® have been proved safe by millions and prescribed by physicians over twentys three years for Colds and grippe misery. Handy boxes of twelve tab- lets cost only few cents at any drugstore. Liach package contains roven directions for Colds and tells ow to prepare un Aspirin gargle for wore throat and tegsilitis. lures of ‘showed & gain of $9,990,000 end Oceanla show in most cases ex- e 18 PER CENT BUSINESS | GAIN NOTED IN ST. LOUIS Special Dispatch to The Btar. ST. LOUIS, January 24—Business of St Louls firms Increased $250,- 000,000, or 18 per cent, in 1923 over the previous year, according to fig- the ‘chamber of commerce just issued. The grand total iz esti- mated at $1,632,371,462, Thy/increase in men’s clothing sold ‘was 45 per cent, with a total of $32,- 000,000. Sales 'of boots and shoes amounted "to $210,000,000, a gain of $20,000,000. milling industry and a total of $41,600,000. Electrical man- ufacturers gained $10,000,000, rising {to a total of $60.000,000, and dry |koods sales improved from $132,000,- - 1000 to $150,000,000. CoMPOUND GIVES QUICK RELIEF FOR COUGHS, COLDS, SORE THROAT FOR CHILDREN AND ADULTS USED %0 YEARS R st b | used in preference to concrete. INEXPENSIVE=2 DOSES 1¢ 33¢ ABOTTLE AT ALL DRUGGISTS DON'T EXPERIMENT! This old reliable medicine has relieved :hou- nds—it will relieve you. TRY IT _TODAY. BEST LIVER AND BOWEL LAXATIVE If Headachy, Bilious, Sick, Constipated No griping or inconvenience fol- Tows a gcnt‘!e liver and bowel cleans- ing with “Cascarets.” Sick Hi ache, Biliousness, Gases, Indigestion, and all such distress gone by morn- ing. Most harmless laxatiye for Men, Women and Children—10e boxes, also 25 and 50c sizes, any drug oo COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY ST. PAUL, January 24.—Minnesota @arage owners are preparing for a *nited fight against high gasoline prices. Plans will be developed at a meeting February 2 for co-oper tive marketing of gas by six hun- {dred garages throuzhout the state. FRA . January 24— makers predict their sales this vear will top those of 1923 be of the number of small planned in which brick is usually They !say brick cannot advance | greatly. HOUSTON, Januar: ton Electric Comp operating the Iceal ~ street rail system will &pend more than $1,000,000 in improv- ing its properties and equipment as i result of the vote recently taken here which abolished “Jitney” serv- ice In the city. This service will be replaced by buses operated by the company. prices 24.—The Hous- ST. LOUIS, January 24—The horti- | cultural agent of the Frisco railroad, {who has just made an Inepection of {the fruit districts of Missouri and , Arkansas, declared today frult had | pot been’damaged materially by the | zero weather, FORT FAIRFIELD, Me., Januar 34— With the price of potatoes minic. & to the 32 level, incoming suppiics smaller throughout Aroomock county. Farmers find some encour- agement to dispose of their poorer Qquality tubers for starch, as that Commodity is now quoted at b cents & pound, the highest for some time. CHICAGO, January 24—Because of very cold weather in this section, the annual January white sales have | tared badly. The chance of the busi .\ess in dry goods has been in road orders. FITCHBURG, Mass, January 24— The paper industry here is showing {mprovement. The Fitchburg Paper Company resumed operation$ on full time this week. The plant has been operated at 70 per cent of capacity. = e DISCO! RATE RAISED. AMSTERDAM, January 24.— The Bank of the Netherlands today in- creased its discount rate to 5 per cent. BRITISH TRADE BETTER. NEW YORK, January 24.—Marked improvement {n the British iron and steel industry and a more optimistic outlook for British textile trade ‘are indicated in advices received by the Farmers’ Loan and Trust Company use | structures | . - Combination Cookers, 88¢c from it London correspondent, o Extra Salespeople Dish Pans Round and Oval Styles Choice, 88¢ Aluminum Kitchen Utensils Regularly $1.89, $1.69, $1.39, $1.25 and $1.00 Values Serve Yourself king you to serve yourself and deliver- lngBym:r!chlagesyol not less than three pieces, we are able to eliminate a great part of our over- head expense, thereby giving you these ex- traordinary Aluminum values. Combination Cookers, 4 picces, as illustrated. Special, Dish Pans, round and oval styles; made ef pure aluminum. Special, choice, Special, Each— 8(3 No telephone or mail orders ac- cepted. Sale begins tomorrow morn- ing 9:15—Fourth Floor, Be on hand early and make sure of securing the Kitchen Utensils you most desire. None sold to dealers. See our window display. 11th St. On sale on Fourth Floor. 88¢c 88¢ Double Boilers, made of heavy quality alum- inum; 2-quart size. ice of two styles. lgeal for making all kinds of cereals. Special, choice, Percolators, seamless welded spouts; 214-quart size, with ebonized wood handles. Special .......... Convex Kettles, complete with cov- ers. Choice of 6 or 8 quart size. Spe- cial. choice, ‘Water Pails, made of heavy gauge aluminum; Sunray finish. 10-quart size. Special, 88c 88¢ 88c 88¢c Con|vex Sauce Pots, 88¢c Pitchers, 88¢c On Sale Tomorrow—Palais Royal Fourth Floer. GEa HI]iHHI‘Illllll.»‘ll./\.‘ll‘l.l.llIllllllllIIIII‘QIIIIIIIIII Zhe PALAIS ROYAL The Shopping Center—11th and G Sts.—Est. 1877—A. Lisner, Pres. Friday Bargains Percolators 2146-Qt. Size, 88¢c Tea Kettles, an extraordinary spe- cial, consisting of 44 and 6 quart sizes. SPecial, choice, Double Roasters, self-basting style. Will hold two medium size fowls or 6 to 8 pound roast. Special, - Water Pitchers, welded handles: brightly polished. 5-pint size. Spe- Sauce Pan Sets, 3 assorted sizes: 88 Sunray finish. Brightly polished ¢ Special, Colanders, ideal for straining all kinds of vegetables. Brightly pol- ished. Large family size. Special, Percolators, 2-quart size; paneled styles. Special, choice 88c Convex Sauce Pots, complete with covers, Choice of 6 or 8 quart sizes. Special, choice, Preserving Kettles, 8-quart size; heavy auality. Choice of pancled or plain styles.” Special, choice, 88¢ 88¢ 88¢ Convex Kettles Preerving Kettles, 88¢ Om Sale Tomorrow—Palais Royal Fourth Floor. D ) L s E RS NN O N IR RN RGNS EEE R SRR NN NN RSN NS NS SN NN SN NN N EE SRR