Evening Star Newspaper, May 12, 1924, Page 20

WOOL GROWERS WARN OF EUROPE’S DUMPING British Factories, They Declare, Are Eushing Fabrics Into This Country. GRAB CONSUMERS' BUSINESS were supplied with ample quantities of wool bought advantageously last year enabled that concern to operate near capacity much of the year and skim the cream of the goods trade, and that policy is not likely to be abandoned this year. Despite this, however, the big company is proceed- ing o auction a quality of worsteds this week. The chief interest in the west is centering around disposal of the Jerico pool, consistng of 830,000 pounds in Utah wool. This collection in a measure sets the pace for buy- ing in other western sections. It Is known that bids of above 41 cents a pound have been refused by the pool managers. Somewhat more than three EVERYMAN’S INVESTMENTS By George T. Hughes Sixteenth Article. FARM MORTGAGES. Good farm mortgage tite best forms of investments. well seledted the security compares with that of high-grade utility and HONDURAS A FACTOR IN U.S. FOREIGN TRADE $11,000,000 Worth of Products Taken Annually in Past Five Years Is Record Shown. NEW YORK, May 12.—Honduras, our nearest Central American neigh- Minodmard & Wathrap bor and just now the center of at- See Prospect That U. S. Textile }:;;fi".\.‘j“f';‘l;’:‘ff“‘f"“;“’m::; this Spring: | considered is a littlo higher than that (":U‘,‘:‘ n‘““m“"s';’; “;‘i“"" d"f & ‘l”; a A i 2 5 0 o rea ca, is erable an growin, i m ¢ Wctivity, but the north- | on comparable bonds. The reason Operators Will Suffer. Somp huyine s o million pounds of Texas wools have | raflroud bonds. The return quality When Summer Comes to the Home National Better Homes Week emphasizes the importance of bringing sum- mer into all parts of the Home—to every room—with furniture, with rugs, with hangings, with furnishings that are summery. Western and California clips have | for this slightly higher return is the|factor in the forelgn trade of the hung fire, since buyers and sellers are : : 2 ort- | United States.” With a population of 5 i it lack of marketability of farm mor! hoa g still far apart in their ide: s s & rule the bolder must|l® than one million, it took from Satisfied With Price Levels.. gages. As 4 A last year over eleven million dol- Mill men in the east say the pres-| Wait until the mortgage matures for s e ent level of prices is all the wool this| the return of his money. He may by e3 averaged about cleven million dol- 5 deale: vear is worth. The growers coun hcuH ound a @ buyer, but in Sme dealers in| FOA%, /0 oL et that Boston prices | SDOPPINE arcund find & buye Tars pér aniuis BUEHGE the okt 2ive other sections of the country are| by CIHNE LAE (aCh H en markets, | that case he sacrificess Something On|years. About 84 per cent of its im- shouting warnings in the cars of the | and that for every pound American | the principal. Nevertheless, farm|ports are drawn from the United woole manufacturing manufacturers buy at home the: ages make-an espedial appeal | States an sends us 90 per cent of Woolen Tivulacturing buy two abroad. The output of the | MOFtEages ma il exports. The total trade between world in 1923 was 2.604,911,000 pounds, | 19 [0 S e nd the United States in s declare that un- | or almost 600,000,000 pounds less than | SE7C0 L some . acquainted 3 t dozen years has approxi- manufacturers watch - | the average before the war. Last| SRROFIGC sses of _{nvestments, ted 150 million dojlars, it year the mills in the United States| With ot! e anufactur, says the Trade left in & posi- | YEAEEED R ed 7 3,000 pounds of | Before high inc eds cord of the ional City Bank of tion whe ¥ will not have | wool, and even if consumption is less | YeSOT er > o good many farm | Ne_ York, Spmsuthaulintk Sott cHe enough raw staple to run their mills | this year, the domestic supply wil % , e by men of| fifty-five million dollars’ worth of ot amywhere mear auanticy produc, | not come within 35 per cent of flling | MOFERES werd purchascd by men of| merchandise which we have sent to vwhe 2 antity e class. Life insurance panies | pondu in the past five years, and tion unless they buy at a higher ve nlso been and still large | fruits, coffiee, sugar, tropical woods price than exists at present buyers of farin mortg and gums the chief imports, about i i Farm mortgages cannot be bought|thirty millions. Cotton goods, boots manufacturers, they say indiscriminate Probably the safest manufactares of . iron, are already pour woolen goods course is to loan on property located ailway cars, electrical ma- into i e in the eighborhood where ‘medicinal preparations and Mt > In this case he | re the principal articles sent Americon ks » vaiue of theto its markets and they are pald for . et ¢ ipacily |in bananas, cocoanuts, chicle, Sugar, i omen’s and men goods. Unless n manufac- bormower. | mah v, fustic, logwood and other falling off in general business in the | Also he is able p_in personal |articles of tropical growth. Bananas h with the s of his invest- lare by far its most important ex- 3 | S iways|port and form over one-third of our themselves sin ar predica- |held up well and shows e ceptional | pe ple” for € oS rsonally | b and constantly growing imports Lt to t w B ndcotton |stabilization for this time of thelto find the g 1 ought |of that fruit. Puerto Cortes, its Gifactn: who are the | , Franklin D. Roosevelt, presi-| (o juve chief Caribbean port and the center “dumping lish cottons on this|dent’ of the American Construetion | (o piase t » £ its banana trade, lies but about has forced whol 1 uncil, said in a statement issued 900/ miles . from, obr southern coast ments and threatens the succe vesterday. There Is no need for a wi .|and is connected by steamship lines life of their industry ing against speculative building Yerd. with New Orleans,” Mobile and New Notable Incident Cited. as existed at the besinning of d "her alan mortgaze loan com- | York, and sends to us inost of the in ort of these contentions,|gpetement polnts ot @ ion: couns | Danies seattered tiroughout therural |tWelve to fourteen million bunches growers and traders in Wool DoINt to | el recommends that, investors and | istricts which ma us on farms, | OF ~h‘;"."7»d which Honduras ships to the of 4 voad of English | watch developments closely the next | 4 pLes e 2 ipnblic Woo soekt John Wanar “"‘r\f(‘\\' months. case of an artificial U'{ A?n“”‘" g:rl a lurge s “m”! “-v»l\!,\xv” ’lh";\’-( boom unnec v building should be the chief Pacific port of the republic, ankets were snapped up like hot|poe ntil the s Season, the 5 R IoT onr co ; Gaves dithough. Atmerican matinfac-|BostRORcd URLITAG Slack SeRioR ] ¥ fes Mowever. the In- | These conditions of our commereiai turers have heen complaining of the |SOMly recescion of work construction | Vestor si tis, 1self of the ;g g Record. are typical of the trade dullness of the market. ht ordinarily be deferred | Inte ence R e e Tyl Soead The T for stimulation in the & speeded up. The future of | tiom B A e i which ilso given full rec- | costs, which are now high, | fedefal land bunk has profoundly| SUr cOmmerce, has itotaled: s billion ermination of th s problemat according to Mr, | affected the farm mortzage business ek . & ‘Sons Company | mochraoles e 08 | and many of the companics formerly 21 he liceatng dnjaur toade for the disposal dealing in riga yih Al Anisrical lsydudito) the of rugs, which be- tired from the d. Wit avent e uf_ United ates capital in th rea, for it is chiefly through Yl s | TEXTILE OUTLOOK MIXED. e ani pxisin lo e BY J. C. RO Special Dispatch to The Star. NEW YORK, M —Wool grow- ers in the west and = —— ACTIVITY IN BUILDING. Franklin D. Roosevelt Says Con- struction Shows Stabilization. NEW YORK, May 12.—Despite a| invested in a age. For such s with ds sub- ® Khtl‘: will - prese industry along the Caribbean | . e has n developed, through | Increase in One Industry Offset by construetion of railways, proper = | s N housing facilities for those engaged did mot Decline in Others. - |and direct connection with the great attract orders and the Smith | | e - v:mx5 lhc«; to hold the auc-| PHILADELPHIA, May 12 |.~'|m&; BOURSE PRICES IRREGULAR. | markets of the world. Our own im- . May . 1 ir Wicker Furniture Most Appropriate for Summer The 9-piece Suite illustrated is un- usual in color d design; built on lines that are attractive and decorative. low-back sofa, with d , 1 sp cushio 1 g oval-back very comfc The suite is f ished in soft antique black and up- ot t vers Ives | cial).—Ci s in the textile ports of bananas, drawn chiefly from n e e e el ves | snanafaccurine Industries in this ¥ 12—Prices move Central America have grown from at the May 1 levels and gua tion are becoming more mixed every | TeRU e B t b ) 900,000 value in 1300 to until September 1 will be o . The Belmont Silk Company of D”" 00 in \the basis of the auction price range, | Wilkes-Barre is preparing K the 2 a announced. he number of its loom: One k r ufactu- fact v of E. Dock 2 rers in wick, has been ¢! ! least 10 to kno a time, because of of the e oo e Tt e the tr ontemplate y adver- ions af he plal n o i : Hine Campaienn o stimulats eonc| an i Manired men| Railway Surmounts Deficit. Nirier Baving tn:xy;!o'yyd e shops | W :m:h. The issuance of twenty May notices Week's Opentng. Act DAd & Suanei [ wsuee . : led to scattered liguidation in raw sugar However, the week ope shipments 1792515, the ‘. utures with prices at midday show- 35 with somew | show f declines of 9 points on active holstered in beautiful cretonne | equiva with eranze andblick predorainats arshops | preferredsic ) sugar wus easier and un- e LeragcianERACEPRCOoMbat only ha cas P ng. trect rail- i ng been filled Order = s e . \ 5-piece Suite of fine, round-cut Ceylon reed, has deep, wide com- fortable seats and full-height backs with wide arms. The loose box g cushions resting on spring- construction give comfort us- ually expected only in furniture much heavier and not so decorative. Upholstered in rich-toned imported cretonne that blends with the two- toned soft April green finish. Large Sofa, Chair, Rocker, Oval Table and Lamp. $325. A Chaise Lounge to match, $92.50. A very beautiful 4-piece suite of high-grade French willow, kidn shape; a low-back sofa has wide, flat arms, the chair and rocker match it; the oval center table has convenient under shelf. Fin- ished a light frosted blue that is cool in appearance. Loose floss cushions are covered in excellent French cretonne. $176,50. A practical suite of reed fiber con- f settee, chair and rocker. e e i SUGAR MARKET QUIET. nes| NEW YOF 12—Raw sugar hanged early to- day at 5.90 for Cubans, duty paid. No < were reported Sofa, Chair, Rocker, 6-ft. Daven- port Table, 2 End Tables, Floc Lamp and 2 Table Lamps compr the suite. $352.50. A 5-picce Suite of Ceylon reed, with wide arms, is finished Jap straw col- or, trimmed in soft purple, a ver, cool and attractive finish. Large Settee, Chair, Rocker. O Table with under sheli, Table Lamp. $298.50. Round $23.50. High-back Chairs to be used with the breakfast table, $8.50. The suite, table and chairs are fir ished in dark brown, the most suit- able color for the open porch. Chairs and Rockers, each, $11.75 up. 42-in. Breakfast Table, A 5-piece Suite, 6-ft. Sofa, Chair, Rocker, Pedestal Table and Bridge Lamp, in fawn and flat purple finish, with spring-seat cushions. $173,50. Willlow and Beed Furpiture Section, Fifth floor. When Summer Comes to Your Windows Ready Made Awnings At Low Prices My Awnings make the exterior of the house cool in appearance and the interior cool in fact. When Are You Ready To Give Up? After 100 miles of driving‘l Around 200 miles? Orare you a Franklin owner whose car gives you such comfort,such easy hand- ling, such road ability, that - you can make 300 and 400 miles aday ? FRANKLIN FRANKLIN MOTOR CAR CO. 1814 E Street N.W. ‘'WASHINGTON, D. C. Other Franklin Dedlers in This Vicinity lolb—W. F. tz 'Wilmington—Diamond Stats Motors Co. ‘Boanoko—Franklia Car e o o ‘Philadelphia—Harris, Lo Roy & Olak, Ino, Hagerstown—Franklin-Coston Motor Car Co. Yark—Taylor & Homer. Baltimore—Franklia Motor Car Co, ‘West Chester—W. H. Wood. Chestar—Franklin-Fussell Motor Co. ‘Winchestor—T. E. Bprint. Harrisburg—Franklin Sales & Bervice, Ino. Camden—Franklin-McKenna Co. Cretonne Draperies Are Liked Best For cretonnes give the home a cool and inviting look in summer. And ~they may be obtained in beautiful colorings that rival the gorgeous hues of out-of-doors. Exceptional Cretonnes 85c Yd. Imported and domestic, =\ in an extraordinary fine showing of designs and colorings suitable for every pur- pose, for any decorative scheme. Cretonne Section, Fifth floor. These are of good quality 8-oz. cloth, in blue and white, green and white, brown and white. Or 8-0z. khaki cloth. All ropes and necessary fixtures for hanging them properly are included at the prices indicated. Striped Cloth Awnings 2%, 3 and 3Y; ft. wide.. 275 4 ft. wide .......cc..... 8325 Khaki Awnings 214, 3 and 3% ft. wide....$3 4 ft. wide .............$350 Awning Section, Fifth floor. When Summer,Comes to Your Floors These Are the Rugs You'll Choose Beautiful New Weartex Rugs Colonial Braided Oval Rag Rugs are restful, durable and reversible At Special Low Prices These new rugs from California are particularly adapted to the floors g? gay sunrodins, cheex]—)y breakfast rogms, 24X36’ $2’35 27x50, $3'!5 charming verandas and informal summer living rooms. Heavy quality, firmly braided, smoothly finished Rag A complete assortment of colors: Natural, brown, blue, Rugs in a large range of color combinations especially green and rose, either plain or with contrasting stripes. appropriate for bedrooms, bathrooms and nurseries. Very low priced. Ox12 ....$29.75 6%9 .....$16.50 3%6 ......$4.95 Rattania Fiber Rugs in New Colors 8x10 ....$24.75 4.6x7.6 ...$9.50 27x54 ....$3.75 2 These popular rugs are extremely serviceable, sani- Kimlark Woven Rugs for tary, reversible and easy to keep clean. For every room Every Room in the House in the home. Their softness and pliability, their durability, the ease 9x15 ....$23.75 with which they may be kept clean, are as satisfactory ..817.45 as the lovely, soft colorings and pretty designs. 9x12 .$20 629 .....$13.50 3x6 . 8x10 ....$18.50 4.6x7.6 $9.75 27x54 . Geelong and Himalaya Rugs Of rush, for porch, sun parlor and all out-of-door use. Geelong Oval Rugs Himalaya Rush Rugs Gi 50 sq. 10006, S0 406 S0 raxis, Srs_ sk, B3 - gl : e T J o = ile, $165 sq. Print . 6x12, $2250 3x6, $7.50 3x8, $7.50 ;'rld Dutch Tile 5q o ong Printed, $1 sq Whittall Rugs at New Lowered Prices, 9x12 Anglo-Persians, $138.75 Other Sizes and Grades at Proportionate Prices 7.6x10.6..$15.95 6x9 .....$10.75 4.6x7.6 ...$7.50 . Rattania Runners, all sizes, at proportionate prices. Linoleum for Cool Summer Floors It takes little time and effort to keep a good linoleum floor clean and shining. Now is especially a good time to have linoleum laid. Measurements and estimates made without charge. 36x72 ....$3.50 27x54 ....$2.75 Inlaid Straight Tile, $1.75 sq. Roug Section, Sixth fleor.