Evening Star Newspaper, May 20, 1924, Page 25

FINANCIAL. LIVE POULTRY SHOWS ' SLIGHT DROP IN PRICE Eggs Firmer, With Live Stock Level of Past Week in Local Market. RECEIPTS ONLY MODERATE Report on Vegetables by U. S. De- partment Bureau. Hens and chickens on the commis- sion market this morning were slight- 1¥ lower in price than yesterday and ©EES 100k a firmer tendency. The reported price for hens was about %5 to 26 and spring chickens brought betwoen 45 and 50 cents, according to size. KEggs generally sold at 23 cents a dozen and were declared to be firm. Livestock did not fluctuate oy, the Dast week, 1L cents beips "t price for top calves and ou for spring lambs. ehoyETIR Recelpts were mo_erate in all lines. Voge Howlr s tn Vegetables. DopeEelaoles here, as reported by the "‘ertment of Agriculture, follow: Cabbage—Supplies heavy; demand ‘noderate; market weaker; South Carolina, barrel crates Wakefields, 8.50a3.75; Virginia, barrel crates, pointed type, 3.00a3.50. Onions—Sup- plies moderate; demand moderate market fairly 'steady; new stock, Texas, standard crates Yello' Ber- mudas, U. S. No. 1, 2.10a! Po- tatoes—Supplies liberal; new stock demand good; market slightly weak- er; Florida, double-head barrels Spaulding Rose, U. . 1, 9.25; old stock, demand moderate market steady; Michigan, sacks Rus- sett Rurals, U. S. 0a2.75 per sack: New York. 1 ks, round whites, U. S. No. 1, 3.00 per mostly sack. Market Stronger. Strawberries — Supplies demand good; market + North Carolina. 3Z-at. sionarys and Klondikes, mostly a6.00; Virginia, Norfolk section, and 60 qt. cratés Klondikes and Mis- sionarys, 16a20 per qt. String beans —Supplies liberal; demand moderate; market fairly steady; Florida, %-bu. hampers, o moderate; stronger; crates green, 3.50 Peas—Supplies moderate: de- mand good: market firm for good stock; North Carolin: peck ham- pers, large size, 2.00a2.50; small size, 1.00a2.00. Eggplant—Supplies light. moderate, market steady Florida, crates No. 1 best, 5.00a5.50. Tom: toes—Supplies liberal. Demand mod- erate. market slightly weaker. Flor- ida sixes, ripes and turning wrapped, 1 unt, 8.00a6.50: choice count, 5.06a5.50, poorer wide range in prices, 3.0024.00; Texas fours, ripes, wrap- Cucumbers—Supplies light. good; market steady: Flor- bushel crates, No. 1, 6.00a6.50. Peppers—Supplies * light Demand moderats; market steady Florida, crates, No. 1, best, 5.50a6.00. Apples —Supplies moderate. Demand slow: market dull; barrels, Maryland, Vir- ginia and West Virginia saps, 2% _inches up, 21 inches, 3.75a4.00; boxes, Northwestern, medium to large sizes, extra fancy Winesaps, 2.50. Cars on Track at 8 A.M. Today. Apples, 3 unbroken cars on track; 2 crates, Virginia boat: unknown freight, 1 broken and 4 unbroken cars on track; beets. 1 broken car on track; cabbage, 4 South Carolira freight. 400 crates Virginia boat. 6 broken and 3 unbrok- en s on track: carrots, 8 barrels Louisiana expres ulifiower, 1 crates Virginia boat: cucumbers, crates Florida express, 3 baskets Vir- ®inia boat; eggplant. crates. Flor- ida_express: grapefruit, 1 Florida freight, 2 broken and 2 unbroken cars on track: lettuce, 1 North Carolina freight, crates Florida, 85 crates North 'Carolina_express. 177 crates Virginia boat, 2 broken and 1 un- broken cars on track: mixed vege- tables, 3 broken and 1 unbroken cars on track; mixed fruit, 1 broken and 1 unbroken cars on track: lemons, unbroken cars on track; onions unbroken cars on track: oranges, 2 Florida, 1 California freight, 5 broken and 4 unbroken cars on_track; peas 189 baskets South Carolina expre 50 baskets Virginia boat, 1 broken car on track; peppers, 65 crates Florida express; potatoes, 8 Florida. 1 Michi- gan freight, 43 barrels Virginia boat, 4 broken and 9 unbroken cars on track: strawberries. 750 crates North Carolina, 43 crates South Carolina ex- press, 197 crates Virginia boat: string beans, 1 Florida freight, 120 baskets Florida, 100 baskets Georgia, 167 bas- kets South Carolina expre 1 broken car on track: tomatoes, | Florida, 1 Loulsiana freight, 240 crates Florida express. 5 broken and 2 unbroken cars on track. Demand — Have You Been Stung Yet? Some men have to stung good and hard before they learn to be cau- tious in making investments. Before you invest—investigate! TOBACCO AS FARMERS’ AID Maryland Producers Regard Crop as Reliable Standby. BALTIMORE, May 20.—Tobacco has been one of the Maryland crops that has kept up well and has been the salvation of southern Maryland farm- ers, according to a report made at a meeting_here of the Maryland To- bacco Growers' Association. It was said that 74 per cent of the growers had signed contracts with the association and arrangements were being made to get additional signatures. “Tobacco is the one farm crop which has kept up well and for the last five years it has been the salva- tion of southern Maryland.” said Dr. W. Baltzell Burch of St. Mary's county, one of the vice presidents of the association “Milk has done a similar service for central and western Maryland and parts of the Eastern Shore. The specialty farmers are the only ones ‘who are making any money." . ¢ RISE IN SILVER BULLION, Sells in New York at High Price for Year. NEW YORK, May 20—Silver bul- tion sold in the domestic market yes- terday at a record high price for the year of 66 cents an ounce. The quotation represented a gain of 3% rents for the day, an advance of 2 tents within the month and almost { cents from the 1924 low figure. Heavy continental buying and pros- pects that China shortly would enter the local market for bullion con- tributed to the rise in prices, The market's strength over the past sev- tral months was attributed by bul- lion dealers partly to the terms of (he Pittman act, calling for the pur- hase by the Treasury of 14,589,730 sunces of domestic silver at $1 an ounce. RAW WOOL SALES FEW., TON, May 20 (Special).—Raw e OS ales wera tew and far between in Summer street today. although prices continued at recent levels, with A clean price range of $1.30 to $1.35 for fine staple territory and Ohio de- laines and $1.25 to $1.30 for twelve- month Texas wool. The trade was awaiting with interest the outcome of {oday's sales at San Angelo, where vealed bids on 1,000,000 pounds of wool were opened. BAR SILVER QUOTATIONS. NEW YORK, May 20.—Bar silver, 6632, Mexican dollars, 50%. LONDON, May 20.—Bar _silver. 345-164 per ounce. Money, 2% per cent. Discount rates: Short bills, 2%a8 per cent. a3 1-16 per cent. Three months bills, ] BY WILLIAM F, HEFFERNAN, Special Dispateh to The Star. NEW YORK, May 20.—The curb market broke sharply today follow- Ing the action of the Senate late Mon- day on the soldier bonus bill. The first selling wave carried prices down 1 to mere than 2 points in the active leaders. But us the day went on of- feringa were less pronounced. Jkestoration of the price schedule by Humble Ol Company to that in effect Previous to the 25 cents a barrel cut of May 10 in mid-continent crude was another significant factor. This prob- ably woyld have had a decidedly fa- vorable dffect upon oil shares today had the action not been overshadow- ed by passage of the bonus. Standard of Indiana opened more THE EVENING ‘STAR, WASHINGTON 'D. C. TUESDAY, MAY 20, 1924 NEW YORK CURB MARKET Recsived by Private Wire Direct to The Star Office than a point lower, Standard of Ken- tucky and South Penn Oll lost 3 points and a break of more than & points occurred in Penn-Mex Fuel The latter ,stock, however, retraced 2 good part of the loss, but the price fluctuation was erratic. Independent oils moved sympathetically with the Standard shares and special selling occurred in Woodley Petroleum. Dubilier Radio was offered freely with other industrials, but firmed up on publication of earnings for the first four months. Losses of a point or more took place in Kresge and United - Bakeries, mvhile the special buying in a few industrial favorites was abruptly checked. The outstanding feature on the side of advance was a rise of over § points in Lehigh Valley Coal sales. The upturn appeared to be due to the fact that this stock had not shared in the improvement in this group during the past two weeks. = —_—— — NEW YORK, May 20.—Following is 48 official list of bonds and stocks traded in on the New York Curb Market today: Sales in BONDS. thousands. High. Low. 1023 i 015 I a 08" 108 Clone. & Elec . 1 Am Roll Mills 6s. 5 Anaconda s . 48 Antilla Sugar 0 Amo Sim Hdw 6 « h Steel fis 45 wi 8 eel 78 35 .. 1033 t Ry Bq Tx. 109% 12 Cons Textiles 8s . 7 Con P&H 614s 3 Detroft City Gas 65 Detroit Edison 8s... Dunlop T & R 7 Dug Lt Pt 5% 5 Fisher Body < Robt, 7s 9215 101 1025 913 1008, 1014 5 Gair, Cop Ts. Leh Val H R 55 wi 4 Penn Pow & Lt 0s. 1 Phila_Elec 6s. 1 Pub Serv of N Stas Unit 0il Prod 8s... Unit Ry of Hav 746 3 Vacuum Oi 3 Webs Mills Salesin STANDARD OIL ISSUES. 30 Ruckey 3 200 Chesbr M{g pew wi 700 Humble O & R new 20 11 P L... Sl 80 Imp Oil of Can.... 10 Ind P L. o 800 Intl Pet Co itd. Magnolia Pet 600 Ohio Oil new 910 Prairie Oil & G 500 Pen Sex Fuel 205 Prairie P L....... 10 South Penn Oil... 10 Southern P L... 15300 8 O In rosay 100 8 0 Kansas pew 9008 O N ¥ 10 & O Ohio. 1300 Vacoum O Sales INDEPENDENT OIL STOCKS. in bundreds. 2 Carib Synd 314 Cities Service .. 1 Cities Service pfd. 3 Cit Serv pfd B . 3 Cit Serv B cfs $2,000 Cit ‘Serv C serip $3,000 Cit Sery serip... & Cons Rosalties 25 Creole Synd ... .. 80 Engineers Pet . 30 Ertel Ol 3 Gulf Oil of Pa.... Guif 8t 0 & R wi. . Lago Pet .. Tatin Amer 2 Livingston Pet Margay 0il Mex_ 0il ount Prod Z Mount Gulf 2 Mutual Oil vot cf New Bradf Oil wi. 12 New Mex Land.... 2 Omar Ol & Gas . 50 Peon Beaver Oil.. Washington Stock Exchange. SALES. Washington Gas s '33—$500 at 101%. Capiral Traction Co.—3 at 93, 10 at & 5 at 92%. AFTER CALL. Washington Gas Light Co.—10 at 48, 10 at 48. A ortolk ‘and Washington Steamboat Co.—3 at 214 Money—Call loans, 5 and 6 per cent. BONDS. Bid and Asked Prices. PUBLIC U’I'IUT!.B & Telga. 45..... American Tel. & Teli Am. Tel. & Tel. ctl. tr. 5s. Am. Tel. & Tel. conv. 6s. Ancostia & Potomac 38. Metropolitan Potomac. Elec. 18t c. Pow. g m. n. Alex, & Mt. 8 ho. Alex. & Mt. Ver. ctfs... h., Balt. Annap. 3s.. Washington Gas b Washington Gas 6a. Wash. Rws. & Elec. MISCELLAN D. C. Paper Mfg. 6s.. Riggs Realty 38 (long).. Riges Realty 0s_(short). thern Ridg. 6148............ Wasn. Mkt. Cold Storage be.... Wardman Park Hotel 6s... STOCKS. PUBLIC UTILITY. American Tel. & Telg! Capital_Traction. Washington Norfolk-& Wash. Steamboat. Wash. Rwy. & Elec. com. Wash, Rwy. & Elec. ptd. Terminal Taxi com. NATIONAL BANK. Colum| Commercial District Farmers’ Federal-American . Liberty incoln . National ‘Metropolitan. Riggs . Secor 5 National Bark TRUST COMPANY. ean Security & Trus ntinental .- Merchants® Bank Nations] Savings & Trust. ion Trus! Washington Losn & Trast.. SAVINGS BANK. Commerce and Savings. East Washington. Security Savin S o es. Washington Mechanics FIRE INSURANGE. 9528 BENSEEY 3 Bu8 8 883! oL TITLE INSUBRANCE. ol aa” i 18 MISCELLANEOUS. i3 AR amuter thaler Linotype. Securl! Storage. Sresbington Marke. Yellow Cab.. L Ex aividend: 8 Pennock Oil ....... 1 1 Red Bank Oii new 2 28 Royal Canad 0 & R 2 Salt Ck Con: B Salt Ck Prod 17 Seaboard Oil. 90 Sunstar _Oil.. 8 Wilcox 0il & 3% Woodley Pet. INDUSTRIALS. 814 Adirondack Power.. Atlantic Fruit wi Borden & Co rts... 2 BritAm Tob (v reg 13 Candy_Prod Co wi e Nip pew wi 1 Cont Tob Inc 1 Doe Dic Cas Co wi 22 Dubilier © & Radio 9 Durant Motor .. 10 Du Pont Motors. . i, El Bond & Sh pfd El Rwy Secur Co.. 8 Fair Morse & Co wi 2F & W Gr St wi.. 1 Gillette & R .. Goodyear Tire ' > Hazeltine Corp wi. 4 Heyden Chem . 3 Hud & Mann R B 1 Hudson Co pfd 1 Inter Cont Rubber 2 Kresge 1% Lehigh Val 74 Ta Val Coal 1 Mesabi 3 36 Radio Corp. % 15 Radlo Corp 51 5 Repetti Candy.. 1 Reo Mot.... ... 1 Richmond Rad..... 4 Sil Gel nov t of Wi 10 80 C & I new. 3, Bwift & Co...... . 3 Thom Rad v t ¢ wi 1 Todd Ship........ 8 United Rakeries ... 2 United Bakeries ptd & Unitd Retail Candy 1 Unit Shoe Mach € U S Lt & Heat ... 3 Ward Bke Co B wi 1% . 4 White R M S nw wi 1 2 Yellow Taxi Co 6 Caario Copper ... 5 Central Amer Mines 12 Con Cop Min new 110 Cortez 2 Cresson Gold 7 a 20 Dismondfid B But. . 5 Eng Gold M Ltd Tn 10 Goldfield Deep Min . 20 Gold Zone Hardshell Min . Hill Top Nevada. 5 Jerome V Devel. 10 Independence Le 60 Jib_Cons . 97 Kay Copper 20 Lone Star ... 10 Mohican Cop ..l.. National Tin ... 1 Nipissing 234 Oblo Copper 3 Premier Gold Min.. 9 Rocks Mount § R 14 Rocky Mt SR pf 20 Silver Horn Min.. . 31 8o Am Gold & .. 3 140 Spearhead Gold .. . 30 Superstition Mines Teck Hughes ... ted Eastern =24R-8R.R228 Cor E5LE.R22. .8 *F # wa Army and Navy Officers Of Interest to Capital ARMY. Col. Peter Murray been transferred from New York city to Honolulu, Hawaii; Col. Kirby Walker, cavalry, from Fort Kan., to Louisville, Ky.: Col. Ball, Quartermaster Corps, Camp Holabird, Md., to Chicago; Lieut. Col. J. M. Little, infantry, from Fort Benning. Ga., to Raleigh N. C.; Lieut. Col. M. Shinkle, ordnance department, from this city to San Francisco, and Maj. J. K. Clement, ordnance department, from this city to_Aberdeen, Md. The following named officers have been detailed as military instructors: Lieut. Col. J. B. W. Corey, field ar- tillery, with the Washington National Guard at Seattle; Lieut. Col. O. R. Cole, infantry, at Clemson Agricult- ural’ College. South Carolina: Capt. C. W. Chalker, 3Sth Infantry, at Lehigh University, Bethlehem, Pa.; Capt. W. F. Mullins, infantry, with the Massachusetts Natignal Guard at Springfield, and Capt. R. L. Hunter, infantry, with the Ohio National Guard at Toledo, Ohio. Maj. W. C. Baker, chemical warfare service, at Fort Leavenworth, Kan., has been assigned to duty in the offica of the assistant secrefary of war, and Capt. Egmont F. Koenig., chem- ical warfare service, of that office has been ordered to Edgewood arsenal, Edgewood, Md.. for duty. Sergt. George Hayden, 10th Cavalry, at Nogales, Ariz.,, has been retired on account of age. Lieut. Col. R. E. Ingalls and Maj, 3. G. Morningstar, Dental Corps, and Maj. H. C. Dooling, Medical Corps, at Waiter Reed General Hospital, have been appointed a board to ex- amine applicants for commissions in the Dental Corps. Firet Lieut. Mark R. Woodward, air service, returning from the Philippines, has been assigned to duty at the alr station, Bolling Field, Ana- costia, D. C. infantry, has NAVY. Capt. F. T. Evans, commanding the naval training station, Newport, has been ordered to the Pittsburgk and Capt. O. P. Jackson, at the Navy De- partment, has been ordered to the Newport training station. Lieut. Commander Wadleigh Cape- hart has been transferred from the scouting fleet to the Naval War Col- lege, Lieut. Commander D. G. God- win, from the Navy Department to the McFarland; Lieut. Commander A. M. Steckle, from Philadelphia to the Maury; Lieut. Commander W. W. Wilson, from the Maury to tié Nav, Department; Lieut. J. A, Terhund, from Annapolls, Md., to the Converse; Capt. T. W. Richards, Medical Corp; from the Army War College to com- mand the Naval Hospital, Puget Sound, Wash.; Lieut. F. De A. Gibbs, Medical Corps, from the Texes to Indianapolis; Lieuts. O. R. Goss, at San Francisco, and Norman Roberts, at Great Lakes, to Guam; Lieut. A. N. Park, jr., Chaplain Corps, from the Navy Department to Guam, and Lieut. A. H. Addoms, from the Euro- pean fleet to.Annapolis, Md. The following-named officers have been ordered to the Asiatic station: Lieut. Commander C. B. Platt, at the Navy Department; Lieut. H. S. Hard- ing, Medical Corps, at Puget Sound, ‘Wash.; Lieut. John Leech, Medical Corps, at Quantico, Va.; Lieut. R. B. Pick, Construction Corps, at Cam- bridge, Mass.; Ensign R. P. Wadell of the Tennessee and Ensign J. E. Shemier of the Arizona. NEW YORK MONEY RATES. NEW YORK, May 20.—Call mon steady: high, 3; low, 3: ruling rate, 3 closing bid, 3; offered at 3% ; last loan, 3; call loans against acceptances, 2% - time loans steady; mixed collateral, sixty-ninety days, 4 : four-six months, 3‘1%; prime commeércial paper, 4%a S SR A Coins with holes in them are to be issued in Norway. FIGHT ON RAIL BOARD LIKELY TO BE HALTED House Proponents Doubtful if Ac- tion Can Be Obtained at This Session. Defeated in ‘a ten-hour fight for & vote on the Barkley bill to abolish COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY ST. LOUIS, May 20.—The sales of the Moon Motor Company for the first quarter of this year totaled $2,607,- 889 gross and $202,368 net. The Auto Car Sales Company here has sold a fleet of twelve three-ton trucks to the INinols highway department. the Railroad Labor Board, leaders CLEVELAND, May 20.—Local au- of the Democratic-Republican insur- gent coalition in the House were in| 7% doubt today whether they could get| at the rate of 650 cars temobile manufacturers report fair sales, although they say business Ight be better. Peerless is selling or more & & decision on the measure at this| month and the Rollin Motor Com- session of Congress. The bill, taken out of the hands of the commerce committee May 5, through the coalition’s effort, was kept from a vote last night by the determined opposition of the organi- zation Republicans, with the aid of Representative Blanton, Democrat, Texas, who repeatedly demanded roll calls-to summon a quorum. When adjournment was taken after 10 o'clock, it was left in a position where under the rules it may not be called up again until June 2. Will Fight Vote. Representative Barkley, Democrat, Kentucky, author of the bill, indi cated toward the end of last night session that he would renew his ef- fort to get action in two weeks, but opponents said afterward that they were prepared to offer a flood of amendments to stave off a vote. If action is prevented, Mr. Barkley as- serted privately, the fight for enact- ment of the bill, which would set up 2 new system for settlement of rail- road disputes, will be renewed in De- cember. The organization Republicans held a majority only once during the long ~ fight yesterday, managing through parliamentary maneuvers to block action on the bfll. Their ma- jority came on their first move—to eliminate the enactment _ clause— but this action was reversed four hours later on one of the many roll calls. NET INCOME, $16,125,303. ‘Westinghouse Company Year's Gross Earnings Total $154,412,918. NEW YORK. May 20.—The West- inghouse Electric and Manufacturing Company’s annual report for the fiscal year ended March 31, made public Yesterday, showed gTosS earnings of $154.412,918, the second largest in the company’s history. Net income was $16,125,303, equivalent to 38.98 & share, or approximately 18 per cent oa the outstanding capital stock of $50 par value. Unfilled orders at the close of the fiscal year were valued at $63.738.702, an increase of $1,824.465 over the previous twelve months Current assets. including, inven- tories of $50,000,000, were $153,209,- 401, six times greater than current liabilities, which were $25.730.413. After deducting $19.092.726 for divi- dends, including a stock dividend of $10,773,000, and adjustment of more than $1,000,000 in the book value of European securities owned, surplus was $45.586,718. Guy E. Tripp. chairman of the board, pointed out that 31.819 em- rioves were insured under the com- pany's insurance and savings plan. and the savings fund on March 31 totaled $2,845,853. PEACH PROS.PECTS GOOD. Texas Foresees Large Crops for Coming Sale Season. FORT WORTH. May 20 (Special).— Texas peach prospects are good. One county from which no peaches were shipped last year this season expects to sell more than W the whole eastern part of the state in 1923. Weather has been almost jdeal for fruit and the may “drop’ will be small, due to the perfect con- dition of the trees. Grasshoppers are causing_some alarm and farmers and state officials are combining to fight back the pests. Demand for farm labor is heavy in all parts of Texas and federal, municipal and county employment agencies are recruiting workers for the grain belt. $9,250,000 BOND SALE. Negotiations Concluded for Part of Czechoslovak $50,000,000 Loan. NEW YORK, May 20.—Negotiations were concluded yesterday for the sale by local bankers of $9,250,000 8 per cent bonds of the Czechoslovak Republic, forming a portion of the $50,000,000 authorized loan, of which 314,000,000 was sold here in 1922. Oftering of the new -bonds will be made tomorrow. simultaneously with the sale of £1.850,000 in London and £200,000 pounds in Amsterdam. The combined _offerings _oconstitute the balance of the 1922 loan. The new bonds will comprise series “B” of the issue. Maturing in 1952, they will_be redeemable semi- annually thro@gh a 1 per cent an- nual cumulative sinking fund. The issue is secured by a special spe- cific charge on'customs receipts and net profits of the tobacco monopely. G s ASSENT BY CREDITORS. Promotion of Plan for Taking Over L. R. Steel Interests. TORONTO, May 20.—Creditors of the L. R. Steel Enterprises have con- sented to a further extension of thirty days, during which Steel’s Consolidated, Ltd., is expected to take over and operate the Canadian concern. The Steel Consolidated, Ltd., was formed in Canada and the United States by stockholders in the Steel Enterprises. Delay in getting assets out of the hands of receivers in the United States held up the transfer of the stores here from G. T. Clarkson, liquidator. The_purchase plan comes before the courts in Buffalo on May 27. The creditors must show cause by July 15 why the discharge from should not be granted. FURTHER DECLINE IN SUGAR. NEW YORK, May 20.—A further de- cline of % cent occurred in the raw sugar market early today, to b5.63 duty paid for spot. Sales’ included 23,000 bags of Porto Ricans to an out- port refiner and 10,000 bags to a local | Mrs. refiner, both for early ‘June arrivals. Raw sugar futures continued weak under selling by leading Cuban in- terests prompted by the easier feel- produced in ! pany, new this year, expects to reach a production of 1,150 cars this month. BOSTON, May 20.—The Nashua Mills, at Nashua, N. H., have cut to a three-day-a-week schedule and the Jackson Mills have reduced working time to two days a week. The Lew- iston (Me.) Bleachery and Dye Works {‘h‘r’e cut down from four days to e. HOUSTON, May 20.—Cotton plant- ing is 100 per cent completed in south Texas, but is anything but complete in the Panhandle, where much replanting has been necessary because of unfavorable weather. DENVER, Col, May 20.—With BTOwers asking 40 to 43 cents a. pound for their wool and buyers of- fering 32 to 36, only about 10 per cent of the Colorado clip has been sold so far. Wool pools to hold clips for higher prices are now In process of formation. SEATTLE, May 20.—The increase in the prices of fuel oil here from $1.37 to $1.77 a barrel is expected by local oil men to result in a profit to oil companies in California on_the g‘l)lo now stored there of about 360,- TRENTON, N. J., May 20.—Many of the grocers and dealers throughout this ‘state already have begun to trade under the “state regulations, which become effective July 1, and which provide that vegetables and fruits shall be traded in by weight instead of dry measure. CARTHAGE, Mo., May 20.—An ex- cellent strike of lead ore is reported to have beemn made four miles south- east of here. CLEVELAND, May 20.—Paint deal- ers report business has slackened be- cause work has been handicapped by rain since April 1. e THE WEATHER District of Columbia, Delaware and Maryland—Showers and cooler to- night; tomorrow unsettied and coo! moderate northeast winds. Virginia—Unsettled weather, with probably showers tonight and tomor- row; cooler tonight and in southeast portion tomorrow; moderate variable winds. West Virginia—Probably showers tonight and tomorrow; slightly cool- er tonight. Records for Twenty-Four Hours. Thermometer—4 pm., 73: 8 p.m., 68: 12 midnight, 61; 4 am., 60; 8 am., 61; noon, 58. Barometer—4 p.m. 30.02; 8 pm. 30.03; 12 midnight, 30.02; 4 am., 29.95: a.m., 29.92; noon, 29.92. Highest temperature, 73.9, occurred at 4:40 pm. )'eslerd.ya lowest _tempera- ure, 58.6. occurred at 5:30 . taday. = emperature same date last year— Highest, 77; lowest, 58. ¥ Condition of the Condition and temperature at § am.: Great Falls—Temperature, 60; condition, very muddy. Tide Tables. (Furnished by United States cgast and geodetic survey.) Today—Low _tide, 3:51 p.m.; high tide, :36 p.m. Tomorrow—Low tide, 447 pm.; high tide, 10:32 p.m. The Sun and Moon. Todav—Sun rose 4:52 a.m.; sun sets 7:18 p.m. ‘olnurrow—Sun rises 4:51 am.; sets 7:18 pm T Moon rises 9:25 p.m.; mets 6:36 Automobile lamps to be llgk:;e’-a one-half hour after sunset. Weather in Various Cities. Temperature. 3:06 am. 9:01 am. and and . and and wamo reeris0pamorng *usu ywep Abilene, Tex 29.80 Albany " Atisatie ciiy 3 tian .96 Baitimore '+ 25,84 Galveston .. He! 5 Haoron, §. D. Indlanapetis. SSRARIIVRETEINIBRBIINT - 28233 22282 Okla Om: Philadelphia. Phoenix . Pittsburgh. . Portland, Me. % 238322833 $795%: SUZBTLRRAANBINY (8 a.m., Greeawich time, today.) Stations. Temperature. Weather. ... B8 Clear Copenhagen, SR m:mm(m 'B.emud- PLey [ San Joan, Porto Rico. Havana, Cube.. WOMAN ACID THROWER DENIES MURDER INTENT Grace Dolby Says She Only Wanted to Disfigure Lover, ‘Who Died of Shock. ing in the spot market. Prices at |y the Amociated Press. midday showed declines of 7 to 12 points. - Business in refined sugar continued light. Prices were unchanged at 7.25 to_7.50 for.fine granulated. Refined futures were nominal FRANCE’S FOREIGN TRADE. COLUMBUS, Ohio, May 20.—Police late yesterday said a charge of either second-degree murder or mansiaugh- ter probably will be placed against Mrs. Grace Dolby, thirty-five, ‘who, after her arrest today, admitted to police that she was the woman who Threw acld into the face of George B. Hackney. thirty-one, in & motion pic- ture theater last night. Hackney died within & few minutes of heart dis- 4-Month Imports, 13,516,000,000 |ease, superinduced by shock. France; Exports, 14,999,000,000. told lice she did not intend to K Cdackney, her Eweetheart.: but wanted to disfigure him so that no PARIS, May 20.—French imports Would want him. Hack. during_the first four months of 1924 | Otowas the father of four motherless wero 13,616,000,000 francs, an increase | Seiidren. Mrs. Dolby is the mother of of four billions over the corre: nd- ing period of 1923 and of 10,000,691,000 francs over the first four months of 1913, it was announced yesterday. Exp‘om.l:;a!og 'flr'lt (hll‘fllo 1924 were 3 ), | TR N an increase of 5,997,000, o in 1923 and of 12,738,000,000 over the same period in 1913 Burglars Rob Safe of $40. Removing a portion of frame parti- 000" over the same period | &t Ga four children. PRE SR GALLAUDET RITES JUKNE 10. 1 presentation day exercises A alauder College will be heid at Kendall Green on June 10 at ) A reception at the President of the college will follow. A feature of the ceremonies will be a ‘short program and exhibition of hand work of the deaf puplls of the rimary and grammar department in tion. burglars entered the store of | o™ Cendall School bullding. Charles A. Grande, at 1345 30th street, last.night, looted his safe and stole 0 from it. They overlooked about —_— In jealousy there is more self-love than love. SIZE OF COTTON CROP IS PRESENT PROBLEM Manufacturers and Others Interest- ed Express Anxiety Over Out- look for the Year. FACES TURN TOWARD GROWER Number of Pounds Produced Per Acre Shows Drop. ‘ BY J. C. ROYLE. Special Dispatch to The Sta NEW YORK, May 20.—The question of just what the “front porch cam- palgn” of the farmer will amount to this summer is causing considerable anxiety among those interested in cot- ton and cotton cloth manufacture. This is not a political question, dele- gates to the meeting of the National Association of Manufacturers explained today. It concerns the amount of time the cotton growers are going to spend sitting on the porch in the shade this summer, which will have almost as much effect on the size of the crop as the weather of the next few months. Political Situation Disappeoints. The manufacturers gathered here, however, made no attempt to conceal their disappointment over the real political situation connected with the final passage of the bonus. They feel that the amount of cash which the bonus payments will put in circulation will have little effect in stimulating trade when compared with the possi- bility that tax reduction cannot be made or that if such reductions are made it will lead to heavy issues of trust certificates and other govern- ment financing. The manufacturers, however, feel that the effect of the bonus wlil be more noticeable in the future than in the immediate present and are pre- pared to continue the activity of their operations as long as circumstances justify them. Outlook for Production. As to the cotton situation, the num- ber of pounds of the staple produced per acre is falling lower in many of the older cotton belts. This has been due not only to the wearing out of the soil but to the fact that fertilizers were not always intelligently and properly used. = The emigration of farm laborers from some sections of the south led to the splitting up of the larger plantations into small tracts. "The temant farmers, who work guch tracts, it is claimed by cotton men, are prone in some cases to work on cotton cultivation only until the plants have a start on the weeds. Some use fertilizer and some expend littls for this kind of crop assistance. Not all these tenant farm- ers can be counted on to take drastic and eflicient steps against the boll weevil. These things undoubtedly will be factors in determining the size of the 1924 crop and the cotton “pars” on which government estimates and forecasts’ are reckoned are being carefully revised in the light of 1924 conditions. The new land broken to cotton for the first time this year naturally will not be so widely af- fected. & Increases in Importance. The fate of the new cotton crop is becoming of increased importance to the manufacturer of cotton goods, since the strong statistical position of the old crop and the heavy ex- port movement on the one hand and the heavy curtailment of domestic mill production have each practically been discounted. Nevertheless, the movement of manufacturers toward selling abroad their reserve supplies of cotton not immediately needed, at high spot price levels, and buying op- tions for future delivery in its place, was soon checked. Conservative cot- ton men estimate that a crop two million bales larger than that grown in 1923 will Be needed this year. More depends on this vears crop than that of any time since the civil Farming Shoews Improvement. The position of agriculture in gen- eral has greatly improved in the last two years, according to Finley P. Mount, president of the Advance Rumely Thresher Company. ‘“Meet- ing competition by lowering produc- tion costs,” he said, “is the open secret of the most successful manu- facturer in the world. This has been followed out in a limited degree by the American farmer through use of better equipment. In my judg- ment the farm problem is not a prob- lem of price. It is a problem of profits, and profits depend not on price alone but on the spread between price and cost of production. “The price of farm products is practically beyond our control. Pro- duction costs are largely within our control, for they may be reduced by saving labor, by increasing the vield per acre and by reducing the farmer's overhead.” “WHEN” buying our FIRST MORTGAGE o INVESTMENTS You are assured due precaution has been taken to safeguard your interest. A personal inspection and conservative valuation are two of our strict requirements. Prompt and courteous service fol low the purchase of our securities. Notes now on hand in amounts of $100 up. Send for Booklet CHAS. D. SAGER Loan Department ™. a7 38 924 14th St. N.W. Mr. 0'Domnell, Manager Mr. Hughes, Amist. Money Secured by Srst deed of trust on real estate. Prevailing interest and commission. Joseph I Weller 420 Wesk. L. & Trast dg.. 9th & ¥ N.W HOLLAND for the first time in history offers Sonds payable in United States dollars. Kingdom of the Netherlands External 6% Bonds Due 1954 Price to yield over 6105 - Oirculer on reguest. The National City Company Washington—741 15th St. N.W. Tolophons—Main 3176 FINANCIAL. Wanted Second Trust Notes We have clients with funds to purchase good SECOND TRUST NOTES in denomina- tions of from $600 to $10,000. Low rates if security is good Apply at Once to Our MORTGAGE DEPARTMENT ON_& LUCH 713 and 715 14th Street NW. Main 2345 Three Desirable Offices —in our Bank Building, facing New York Avenue, available June 1. Reasonable rent. Ap- ply main floor— CITIZENS’ SAVING BANK 1336 New York Avenue $10 “Baby Bonds” Yield 73 % Cities Service “D” Debenture Bonds are the direct obliga- tion of Cities Service Com- pany, which has resources of more than $400,000000 and a surplus and reserve fund of more than $46,000,000. Denominations as low as $§10, and a convenient monthly payment plan for the pur- chase of the larger denomi- nations of $100, $500, $1,000 and $5000, make these bonds especially attractive for the investment of monthly sav- ings. Boughl at present prices the vield is more than 7%% Mail the Coupon Todax Thomas W. Brahany and Company Wilkina Building Telephone Washington, D. C. Main 6189 Thomas W. Brahany & Co., Wilkins Bldg., Washington, D. C. Please me fall particulars about Cities Service Company “D” Debenture Bends. EQUITABLE Co-Operative Building Association Organized 1579 44th YEAR COMPLETED Ansets ¢ Sarplus Systematic Saving —is the most profitable way of sav ing. Join the Equitable, and save in a systematic fashion. Subacription for the 86th Issue of Stock Being Received Shares, $2.50 Per Month EQUITABLE BUILDING 915 F ST. N.W. JOHN JOY EDSON, President FRANK P. REESIDE, Sec'y. demand that your sav- ings be placed where they will earn the maxi- mum consistent with absolute safety. These conditions are ideally fulfilled in our A~ e First Morigage Investments $100—$500—$1,000 /MRS 1416 K Street MONEY TO LOAN ON FIRST MORTGAGES CURRENT RATES OF INTEREST 7207 Conneclicut Senue Capital & Sui $2,000,000.00 I¥’s Running Useless Risk —to permit important papers, éeeds, bonds and similar valu- ables to remain at home, where they can be reached by fire and thieves. A very nominal sum will give such things a whole year's p tection in Our SAFE POSIT VAULTS. g% See our modern vault ment, equip- National Savings & Trust Co. STth Year Oldest Savings Depository in Washington Cor. 15th and New York Ave. BETTER BE SAFE THAN SORRY This is a popular phrase in the automobile world. BUT where can it mean more than in the realm of investments? U ARE ALWAYS SAFE from loss when you place your money in our FIRST MORTGAGE NOTES. They are secured by first liens upon im- proved Washington real estate, worth double and over the full amount of the first trust. b Do not invite sorrow into vour home by vielding to temptation to invest your savings in doubtful securities. Call Main 2345 for Special Literature MORTGAGE INVESTMENT DEPARTMEN SHANNON: & LUCH 713 and 715 14th Street N.W.