Evening Star Newspaper, April 10, 1924, Page 27

DROP IN QUALITY OF COFFEE FEARED trolling Supply, Manipulating for High Prices. ROASTERS LIMIT jSee Deficit in Receipts of Product by July 1. BY J. C. ROYLE. spatch to The Star. W YORK, April 10.—Practically &every l.«\u.‘l‘w.lfe in the United States Jnows what she is accustomed to put 4a the breakfast coffee pot daily. But Indications exist that she will not be e to tell what she can put into that some months hence or what it will her. Already coffee drinkers all ©over the country are complaining to Xrocers, wholesalers and roasters of the 4nferfor grade of cup coffee. Brazil hoids the dominating influence 3n the coffee market at present and wiealers are giving that government full Tredit for its cleverness in handiing its &offee probiems. The coffee market of wAmerica is practically based on Rio Toffee. Mocha and Java, once names to ¥onjure with when the steaming coffee “up was considercd, now are names only Ju the trade Brazil Secks Control. Brazil is endeavoring so to control the marketing of the supplies from yo! cost BUYING | COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY MACON, Ga., April 10.—Only an un- {likely freeze can prevent one of the largest peach crops ever known in this state this year. Orchardists are tak- ing stens to can the fruit which ripens on the trees too rapidly to ship. HOUSTON, April 10.—The first car of local strawberries this segson Is now on its way to northern.markets. The movement is expected to total 300 cars, a decided increase over last | season. HAMMOND, La., April 10.—Six or seven cars of strawberries are moving daily to northern markets. Crates are bringing $5_each in carload lots, com. pared with $7.50 paid for the first ship- ments. Demand Is aetive. PORTLAND, Ore., April 10.—N. H. Larsen, an Oregon producer, has re- ceived an order for a million feet of spruce veneer to be used in making battery boxes. BOSTON, - Anril 10.—New Bedford fine goods mills are down to a general level of 65 per cent of capacity | operation, with some working as low {as 50 per cent of their machinery. One producer of tire fabrics in New England has cut wages 15 per cent, but wage revisions are mnot being generally considered. SHREVEPORT, La., April 10.—The Loulsiana boll weevil commission has raised the quarantine which hag ex- isted since 1920 on a lwenli‘qh square zome in this state and ruled that cotton from this area may be shipped this fall, provided the seeds are sterliized. THE EVENING YEAR’S GAS OUTPUT 80,000,000,000 FEET Reports to Conference of Manu- facturers on Progress of the Industry. DISTRICT'S BIG SHOWING Total of 7,500,000,000 Cubic Feet 1923 Production. | PHILADELPHIA, April 10.—The manufactured gas industry in Pennsyl- vania an! iujacent states reached an output of approximately 80,000,000,000 cubic feet last year. yesterday In the report of L. R. Dutton of Jenkintown, secretary-treasurer of thte Eastern States Gas Conference. The conference began a two-day ses- Ision in the Bellevue-Stratford, with lead- ing gas men from this state, New Jer- {.'Iny. Delaware, Maryland, West Virginia and the District of Columbia in at: tendance. Mr. Dutton’s report showed that in pennsylvania had an output of 000,000,000 cubic feet; New Jersey, 000,000,000 cubic feet; Delaware, 1,000,000,000 cubic feet; Maryland, 12,- | 000.000,000 cubic feet; West Virginia, ile- 150,600,000 cubic feet and the District | }of ‘Columbia, 7,500,000,000 cubic feet. The number of new customers se- cured was $80, with some of the bo h That was shown | ST. WASHINGTON HUGE TOMATO CONTRACT SIGNED UP IN MARYLAND Dorchester County Growers Agree to Sell Packing Company Product of 1,000 Acres. BALTIMORE, Aprfl 10 (Special).— What is thought to be the largest single tomato contract ever made in chester County Tomato Growers' Asso- ciation and the Phillips Packing Com- pany. Under the terms of the contract the members of the ester County To- mato Growers'' Assoclation agree to sell to the packing company the entire crop of tomatoes produced on their farms, which aggregate about 1,000 acres. The packers agree to bay three prices for the tomatoes. From the start of the season to and including August 16 the payment will be 323, .cents a bas- ket; Beginning with Mor‘dly. August 18, the price per basket® will be 30 cents, while from August 21 until the end of the season the growers will re- ceive 2 cents a basket. All other conditions of the contract are the same as last year, with the exception that ;.‘hr growers agree to furnish the bas- ets. ‘The crop from the acreage of the farm bureau members, comprising about 3,000 acres in varfous parts of Dorchester county, has not yet been placed under contract. Several large packing companies are negotlating for ithe crop and it is expected that the |contracts will be signed within the [ next few days. ! When_the farm bureau contracts are signed Dorchester county will have con- tracted for the sale of its tomato product from more than 5,000 acres. From this it can be seen what an im- !portant part tomato growing plays in the agriculture of ‘this one count The Maryland has been signed by the Dor- | SEES MONEY PLENTIFUL. Banker Reports Southwest U. 8. Residents Highly Prosperous. BALTIMORE, April 10 (Special).— The southwest fs prosperous and peo- Ple there today have more money to spend than for some time past, ac- eording to reports of two local bank- ers who have just returned from trips | sough. {7 “Conditions in Texas—in fact, in the whole southwest are favorable and the people there are optimistic over the outlook,” declared George Mac- kubin of the banking firm of Mac- kubin, Goodrioh & Co. upon his re- {turn from A three-week trip cover- ing Texas, Loulsiana and Arkansas. “The people of Texas never had s0 much money as they have today,” Mr. ! Mackubin continued. “Texas wasone {of the few states in the cotton belt | which raised a big crop of the fleecy | staple, and received w big price for it. This money is circuluting freely and all branches of trade arc pering. ““The oil trade, too, is going ahead at a satisfactory rate. The price of gulf coast crude is §2 a barrel at the well, the highest quotation since 1919 Conditions in Louisiana and_Arkan- sas also dre prosperous. This espacially true of the oil industry.” John C. Legg, .. also & member of Mackubin, Goodrich & Co., returned from Atlanta, where he went on busi- ness. Mr. Legg reported trade active in and around the Georgia metropolis. = PRINT CLOTHS IN DEMAND. Boston Notes Improved Business at New England Mills. BOSTON, April 10 (Special) There has been a moderate improve- ment in demand for print cloths at pros- is APRIL 10, 1924. U. P. RAWAY INCOME $39,922,206 IN 1923 Annual Report Shows Net a Gain of $7,582,482 Over Previ- ous Year. By the Associated Press. NEW YORK, Aptil 10.—Net income of the Union Pacific railroad company from all sources in 1923 amounted to $39,922,205, an increase of $7,582,482 over the previous year the annual report revealed today. After provid- ing for sinking fund requirements and dividends on the preferred stock carnings were equivalent to 16.16 per cent on the $222,291,600 common stock outstanding, an Increase of 3.41 per cent. { Operating revenues were $211,318.- 465, a gain of more than $18,000,000 compared with operating expenses of $152,249,080, which increased $10,402, 850. Net income from transportation from operations totaled $39.660,245, an_increase of $6,163,927. Surplus of $13,692,569 was added to profit and Joss account, which showed a credit balance of $167,143,109. Statement by Board Chalrman. Robert S. Lovett, chairman of the board, stated that the increase of $15,149,322 in freight revenue was due to an Increase of 13.1 per cent in net ton miles of revenue freight carried, partly offset by a decrease in freight rates. He ascribed the increase in volume of traffic chlefly to absence of strike conditions, which gave a better car supply, particularly refrigerator [&test - VICTOR RECORDS ArthurJordan’s Where service G Street Orc€ than —~——of course! s supreme! ‘ner 13th . 2 Jer plantations as to obtain high wrices This svernment effort at h simply means the arbitrary values by tion, is dependent for on the results of azilian_government | from Great Britain | such a loan are but the Bra- gilian ¢ adfast in its ®olicy o using to announce how far the matter has progressed. In the meantime, receipts Erazilian ports continue small. this country 1 proportions. smaller companies to rd from. | T A Vew Jersey outshipped Fennsylvania | DANVILLE, Va, April w.—rmmd-: ast_year with a total of 32,000, as | erable harm was done to tobacco seed | compared with 29,000 for this state. = C peds In this scction by the recent|Maryiand cnrolied 2L000 mew cus- DT Memotikted) o/ date- In/ Cat: v osts. | tomers ; the District of Columbia, 4,600 | g s - est Virginia, 100, and Delaware, 650. | - SEATTLE, Wash, April 10.- D | . FOREIGN EXCHANGE. ! wholesale hardware trade in th s e e | Quotations furnished by W. B. Hibbx & Co.) cific northwest s active and surv o Ty, I e S R il cove o A 24 1 che e e el concervs alekts |, wit ller_com to be| gold value, checku today.. fishing, mining and building activ- | hehrsy fron. New Jeraey's total ¥as DL 0R19.64 ities, i A | $5,600,000 and Maryland reached $ o yes 4 e 000,000. In West Virginia the expen PN AN ture was $12,600. in Delaware, $220,000, canLEXANDRIA, La.. April 10.—Indi-gand in the District of Columbia, $300, rs here are buying very lim- , (RIS are that another new gas or| That the municipal ownership dted amounts in hope of lower prices | g0, il No8 DEan "&’f"?dhfl' Urania, | aboo not feared by the conference ! throughout the country | °\7 3 l‘;‘l north of here, where | was brought to light further in Mr. |y latively light. The statistical |& tl"gfl.! well was brought in the Duttons report when he showed that | By Pocidion 0f this Eréat commodity is | TSt of the week. Ol meu are flock- |oniy four owned and op- unprec tedly strong. Stocks of |18 to the distri, |erated piants are daing business in the ffee in this market are esti- | conference's territory. Their combined | d by one authori at not above output was onl 75,000,000 cubic feet. bags, of which the bulk |is P. H. Gadsden, vice president of roasters. Stocks afloat are | &re operating at about 80 Der cent of , the United Gas Inprovement Company capacity, and, while back logs are|and director of the United States not as large as anticipated, l.c(‘umu-"‘humlnr of Commerce, who is presi- lations gf small orders are fair. ldent of the conference, was the prin- S il | cipal speaker. After Mayor Kendrick SHORT TERM SECURITIES. {had welcomed the ~conferees, Mr. Gadsden sounded the keynote of the . 1o o 3 conferenee by asserting that a com- (Quotations turnishied by Redmond & Co.) 1 linity can Erow no faster than its Bid. Ofer. | utilities 1m 17 | He explained that 108% 107 {laws of economics prevail in the pub- 100 100% [lic utility just as much as they do in | H ercantile world and that service | o ined only by paying for it : T is necessary that a com- T own 3 11d see to it that the rates Canagian Northern S " ¥ public utilities are at all e onable,” M dsden con- S g the important thing is that ok Bk A upon which the commu- Du Poot Tias 1831.... depends all alwa be | but are intent merely upon some im- ederal Sugar Ref, b 1953 in a high state of efi-!mediate advantage, and to see that | alher Body Corp. 8 1 1003 | cien The loss to the community |the financial standing of these prop- | wor Body Corp 1004 | from” poor or inadequate service is!erties is not weakened and that their | e 1013 Imuch greater than the loss to the |ability to serve the present and fu- | 10t | stockholder thro rates which are | ture interests of the city is not im- | patred.” { 984 | too low 5 Other Topics Discussed. ‘incent of Syracuse, N. Y. | Syracuse Lighting Company, | 5,000 acres do not represent the en- tire crop of the county; they only repre- sents the acreage for which contracts New England mills in the last few |days, as I8 evidenced by resumption of the American Printing Company plants at Fall River. Curtallment at the mills since Christn has aided {in the disposal of stocks, but the | situation still is serious because of high raw material costs. It is still doubtful whether the improvement noted can be called general Ging- ham makers are fairly active, but fine goods mills are slowing down. More encouraging, however, is the saving bank situation her which shows deposits of $448,434,000, high- est ever reached. Bars Cal;t'omis ;mducu. HELENA. Mont., April 10.—A quar- antine calling for the exclusion or in- spection of live stock, meats, hides, | fruits, fodder, vegetables, milk, 1 cheese, butter, cattle cars and even farm employes from California, has been ordered by Gov. Joseph M. Dixon to prevent the spread Into this state of the foot and mouth disease. cars; increased production of fruit, vegetables, live stock, kerosene, gas. oline and naphtha in the intermoun- tain and west coast territory. gen- erally improved market conditions | except for grain, and improved build- ing activities in the early months of 182 Mr. Lovett said shipments of auto- | mobiles to the west had increased greatly, the revenue therefrom amounting to $12,500,000, an increase of $4.489,800, or 56 per cent The| movement of grain during the year was off, particularly wheat, he stated, this being due to smalier winter wheat crops in Kansas and Nebraska, | | continued low prices and light for- | |eign demand. Passenger revenue increased $2.- 103,637, or 6.2 per cent, which he at- tributed to an fincrease of 8.2 per cent in revenue passengers carried | one mile, partly offset by a decrease of 1.9 per cent in average revenue per passenger mile caused by increased | summer tourist travel at reduced | rat. a polish O-Cedar not only polishes. It cleans; it adds new beauty and long life to the fine finish of your furni- ture, woodwork and floors. O-Cedar Polish “cleans, polishes, protects,beautifies” Accept onlythe genuine. dar Polish Salorization “maintenanc government 4ts succes: fforts by 0 obtain Negoliations known (o b o progre sm tes London, poan: Mostreal, do at_the Ship- likewlse are drachma peseta crown drid, PITTSBURGH, April 10.—Nut and bolt plants in the Pittsburgh district | Total at Rie 267,000 Bagw, * The amount at Rio itself totals only spproximately 267,000 bags and it is| there remain' only about gs of the last crop to come d from interior points, making total supply of 432.000 bags to meet @emand until the new crop comes on the market July 1. Forecasts of the crop available so far indicate the Brazilian supply will be erate, probably in the neighbor- 2,000,000 bags. upply, world require- flees between now and d at 1,592,000 bags, or Require- period beg mated at $47 probable deficit of | The amount of Hm“ required cannot be supplied other sources except at a Migher | Goodse The next grac which relativel ind b r than Rio. Meld indispensable Ingredient. N the experts of the trade | Morrix & ¢ New York e ot Line 45 1929 45 June 18, 3% Jun 192 4% M 4335 June 43 December 43(s March 15, ks Neptembe 4xs March 15, 435 December 15, 1 101 882 . 100316 T1m 618 101 332 Alominum Co. of Amer. the ordinary Aluminum Co Awmerican Amer) Ansconda Copper 6x 1929.... | Anglo-American o1 Ti4s 1925 100518 101 11-18 | 101732 | i i a lesser degree upon each individual | citizen, to protect these puBlic utili- | ties from unreasonable and unwar- ranted attacks from those who do not appreciate this mutuality of interest | ments for the 1 ing Ju nity's 1 w1y | maintained Stockholder a Factor. } o he stockholder's interestinapar-| G I 1001, | ticular public utility is necessarily a|of the {Iimited one, whereas the convenienice, | spoke on “This Matter of Pubilc Re- | fort and the business life of a|lations.” The business of a public and its future growth and de- |utility is threefold, he said. First, | pment are wholly dependent upon | it is to give service efficiently. Sec- | reliable and adequate serv- (ond, it is to keep and-increase the | om its public utilities. business. Third, it Is to secure the | “WHat a tremendous rcsponsibility, | genuine good wiil of the customers. therefore, rests upon the officers of “In the last and present period,” | ® |evers public utility not only to see |he continued. are observing earn- | jthat the present needs of thelr com- |est efforts to secure the fricndship fes are properly taken care of, ;of the customers.” H so to look #he: isualize | Maj. Alexander Forward, secretary- | | general position of coffee points to|the srowth and development of the |manager of the American Gas Asso- much higher gold prices im the fu-{communitics for years to come, and |ciation, described recent progress in | ture.” to take steps to anticipate such de- | the national organization. { Arrivals of Colombian and Vene-|velopment by the neccssary enlarge-| William N. Porter of this city, of | zuelan coffees have been delayed by | ments and additions to their plants,|the United Gas Improvement Com- hich has prevented water|so that the prosperity of the public | pany, discussed customer billing : from the interior of these iserved shall not be retarded or ham- | methods. In speaking of relations | coffee futures market and anticipate |countries. At one time in the last | pered by lack of the necessary public |between the gas company and its cus- fmuch highe pric fortnight, it was reported 150,000 | utility rvice. |tomers Mr. Porter said that the culti- s Another ex bags were stored along the Magdale- | “On the other hand, what an equally | vation of poiiteness is something to na river waiting higher water before | serfous responsibility rests upon the | be carefully studied by the company's they could be shipped. tofficials of our municipalities, and to ! workers. are be gredient . that it w Yiere and for the ¥renc ¥isib | Wheelirg Bteel 63 14 i 171,000 March place the Views * One of the #n the trade prevat of Experix. most important figures may be quoted as follow It of the strong position | drought are believers in the|shiprmen Iy well known, > belleve that the! = wmchesfer Gardens a year from today ATLANTIC CITY Offers you the last opportunity to buy a site for your seashore hox_‘ne in a restricted development which is - a community of itself—individual, artistic, quaint. In WINCHESTER GARDENS we offer for immediate purchase several hundred lots, ranging in dimensions from 100x75 feet to 100x 40 feet. Prices vary, according to size and location, so as to accommodate themselves to any purse. Marven Gardens ™~ - =% |yl as they appear foday -+~ so I A heart of Margate City in close proximity, Tbut not too clgse), to schools, churches, stores, trolley lines and bathing beaches. If you wish to purchase a seashore home, already to step into, we have several ready for occupancy in Marven Gardens, Atlantic City’s most exclusive residential community. Ask usabout these. We can assure you that every purchaser of a site in this newest Atlantic City development will be able to sell his lot at a greater sum in the near future and any purchaser who buys today can begin to build tomorrow, for all improvements are at hand. Call up your own realtor in your own city and satisfy yourselves as to our standing by asking him to give you reference. Address all communications to— FRANK ]. PEDRICK & SON 1415 Adlantic Avenue Selling Agents Aane City, N J. The Enclosed Drive Limousine This evening you will see this beautiful Drive Limousine enjoys the widest favor of Pierce-Arrow, with chauffeur driving, on its ® all Pierce-Arrow closed typss. turn of a way to the theater, the reception, the formal handle converts it from Limousine to Sedan. ‘unction—a perfect Limousine, affording W jnvite you to learn more about this or protection to its occupants. otherof the twelVe Pierce- Arrow models and Next summer you will see this same car ‘to enjoy the experience of driving the power- touring over country trails with father, ful Dual-Valve Engine. daughter or son at the wheel, enjoying the * @ companionability which this car affords— as a perfect Sedan. Because of its double utility, the Enclosed ditional charge. The credit facilities of the Pierce-Arrow Finance Corporation, a Plerce- - Anwbmk{n[bndqu.mafladdbmhmquhu-Amm R 'ARRO ‘ “PRIDE OF ITS MAXERS MAKES YOU PROUD IN POSSESSION" FOSS-HUGHES COMPANY - * 1141 Comnecticut Avenne H.W., WASHINGTON, D. C. Telephone Frankin 4541 Baltimore, Md., 13131315 Cathedral St. Terms extend over a period of five years, free from carrying charges. The picture shown above will tell you more clearly than we can express it in cold type about how WINCHESTER GARDENS will look when complete. We would like you to send for a booklet fully descriptive of the sites offered, of the kind of house you can build yourselves or we will be glad to build for you on this notable development in the % ) Pierce-Arrow Four-Wheel Safety Brakes are offered as optional equipment at an ad-