Evening Star Newspaper, September 5, 1924, Page 27

RAD SOIN TO G0 *ON AUCTON BLOGK Denver.and Rio Grande Legal Tangle Ends—New Control Befare January 1. By the Associated Pres DENVER, Colo., September 5.—An auction price of $42,500,000 for the Denver & Rio Grande Western Rail- road will be insisted upon by Harold Palmer of New York, one of the in- terveners in the sale and reorganiza- tion of the system. Palmer appeared last night before a general confer- ence, tend~d by Federal Judge J. Foster Symes and attorneys and bond- holders in the case, to urge the higher upset price. - Other attorneys urged a lower fig- ure, which, they argued, would insure a buyer and the culmination of the reorganization plan as approved ten- tatively by the Interstate Commerce Commission. Calls Price Too High. Petitions were filed by Harold Pal-| mer and A. L. Finkelstein of New York »nd Horace W. Bennett of Den- ver to intervene in the foreclosure brought by the Bankers' Trust Com- pany of New York, trustee, in behalf of approximately 37 per cent of the holders of an issue of $38.000.000 first mortgage and refunding bonds. In denyinz the petitions Judge Symes declared the figure of $42,500,000 was too high, and indicated definitely that a lower figure would be set. Imer declared, however, that his fizure was based on estimates that the road was worth at least $130.- 000,000, As a result of the conference last night, which followed Judge Symes’ refusal to recognize the petitions to intervene, it was announced that the railroad would be placed on the auc- tion biock within the next 60 days. Final reorganization will be com- plete before January 1, 1925, it was said, and control of the system will pass to the Western Pacific and Mis- souri-Pacific railroads. Legal Tangle Ended. Yesterday's action released the corporation from a tangle of litiga- tion and meager financial backing which has prevailed for two years and which was accentuated after de- fault of interest payment on the $38,- ©00.000 bond issue. Under proposed reorganization plans, between $5.000,000 and $10,- 000,000 of new capital will be put into the road in addition to the amount sufficient to up old debts. clear e DRY GOODS MEN HAPPY. NEW ORLEANS, September & (Spe- cial).—Jobbers in every line in this territory report increased buying and dry goods men claim their business is better than at any time for two years. Movement of crops is putting more money In circulation and induc- ing retailers to fill up their stocks. :pt shipment and goods are being paid for quickly. COAL MINES STILL CLOSED. 'IS, September 5.—General conditions here continue to iprovement due to better crop s and prices. There been wed activity in lead and ing to the price advanc, refined metals and employment 1 proving except in_the coal mines, few of which;are wogking. Freight traffic has been augmente by the grain move- ment. DIAMONDS JEWELRY SILVERWARE TOBACCO GROWERS TO GET $2,300,000 Over 53,000 Checks Being Made Out for Virginia Farmers as Third Payment. Speciel Dispatch to The Star. RICHMOND, Va., September 5. Fifty-three thousand and ten checks, for a total of more than $2,300,000, are being made out. This money goes to the members of the Tobacco Growers' Co-operative ociation and is the third for the 1923 crop. making a total of 756 per cent of the valuation placed on the tobacco by the officers handling the financial affairs of the organization. The checka are made pavable as of Sep- tember 15, and the money comes at a time when the farmers need it. There is comparatively little left of the crop of the preceding vear, and that will be adjusted in a short time and wiped off the books. The mem- bers of the association say-that the third payment will bring them a bet- ter price for their tobacco than when they sold on the public warehouse floors, the vast majority of the mem- bers being pleased with the condi- tions. They still have the fourth payment to wait for, but this is ex- pected to be made before the end of ‘*he year. RUSH FRUIT TO MARKET. SAN FRANCISCO. September 6 (Special).—Shipment of _California apples pears. grapes and peaches which exceeded 10 060 carloads in Au- | gust are expected to exceed 15000 carloads in September. During August grape shipments were 5,304 carloads, or less than half this ar's crop. ROAD %ANTS’ NEW ’i'RACKS ATLANTA, September 5.—The Southern Railway has asked permis sion to lay six new tracks to its new =ngineerings shops. which, when com- oleted, will cost $1.500 000 in additior, to the new locomotive repair shops being built at a cost of $750 000. How quickly that rash disappeared! THOUSANDS of users have wondered at the quickness of the action of Resinol Ointment and Soap. Theanswer is that it is not a surface treatment, but cne that reaches the depths of the pores and attacks the source of the disorder. starting the healing right. The first touch relieves the itching, burning and soreness and a few days’ persistent use rarely fails to clear away the trouble. When the skin is once re- stored to its normal condition, the daily use of Resinol Soap is enerally sufiicient to keep it fieal!hyA Ideal for the com- plexion—unsurpassed for the bath and shampoo. Ask your druggist what he knows about the Resinol products. RESINOL 935 Penna. Ave. N.W. THE EVENING STAR, WASHINGTON, D. (. FRIDAY.. SEPTEMBER 5. 1924, MERGER PLANS PROGRESS ON EASTERN RAILROADS Pennsy and B. & 0. Represented at Conference Regarding Ex- pected Combines. By the Associated Press. . NEW YORK, September 5.—Definite progress is being made by leading trunk line interests in their plan for rzalignment of Fastern railroads for eventual consolidation, according to representatives who attended a con- ference of Pennsylvania, New York Central, Nickel Plate and Baltimore & Ohio executives here yesterday. With a regrouping, made necessary by the merger activities of the Van Sweringens, the carriers are secking a general agreement on a new plan of consolidation which can be recom- mended to the Interstate Commerce Commission. STEEL MORE ACTIVE. Industry Shows Gradual Improve- ment in August Returns. NEW YORK, September 5.—Grad- ual improvement in the steel industry is reflected in August operations, which averaged slightly more than 50 per cent against 38 per cent in July. The Steel Corporation operated about 50 per cent, compared with 44 per cent the month before, with inde- pendents close to 45 per cent, agalnst 33 per cent In July. The 12 per cent increase in operation was accom- panied by a gain buying of about 15 per cent over July, which showed an improvement of 10 per cent over June. The trade expects this im- provement to continue the rest of the year. PARiS PRiCES EEADY. PARIS, September 5.—Prices were steady on the bourse today. Three per cent rentes rancs 20 centimes. Exchange on London, 84 francs 40 centimes. Five per cent loan, 67 francs. The dollar was quoted at 18 ¢rancs 91 centimes. FULL TIME PREDICTED. Industries in Baltimore Are Stead- ily Speeding Up Work. Spectal Dispatch to The Btar, BALTIMORE, September 5.—Indus- trial plants here are steadily adding to thelr forces and working time 1s gradually being lengthened to such an extent that it is now predicted that most of them will resume full sceduie within 60 days. Inquiries for products are more numerous than for five months. The Bethlehem Steel Corporation, the Bartlett Hayward Company, the Balti- more Tube Company, the Eastern Rolllng Mill Company, the Poole Engineering and Machine Company and the fertilizer companies have in- creascd operations to & marked ex- tent. Maryland farmers are recelving good prices for their crops, and are in the strongest financial position for several years. - WOULD PURCHASE STOCK, THEN ABANDON RAILROAD The Maine Central Raflroad today applied to the Interstate Commerce Commission for authorlty, to acquire control, by purchase of its capital stock, of the Hereford Railway, which operates from Cannan, Vt, to Lime Ridge, Quebec, 53 miles. The road also asked authority to abandon op- eration of the line after the stock had been acquired. The application to acquire control of the road was made, the application stated, in order to release the Maine Central from the lease under which it now operates the Hereford Railway, which is the property of a Canadian corporation. The Maine Central alleges that it has suffered heavy losses for many ars in the operation of the road. SPRINGFIELD, 111, September § (Special).—Employment in this State fell off 2.3 per cent during the last month_as compared with July and pay rolls declined 5.7 per cent in the same pericd. An Apology— In yesterday’s papers and this morning’s papers we fea- tured 4 coupon which read as foliows: 5 Cakes of Procter and Gamble’s Soap 3 Cakes of Ivory Soap and 2 Cakes of White Naphtha Soap With This Coupon, 25¢ Some of our customers interpreted this to mean 10 cakes of soap for 25c. However, both Ivory and White Naphtha Soap are made by Procter & Gamble. have read like this: The coupon should 5 Cakes of Procter and Gamble’s Soap! Consisting of 3 Cakes of Ivory and 2 Cakes of White Naphtha With This Coupon, 25¢ Please accept our apology if this caused you any in- convenience. ALEXANDRIA BRANCH S18 King Street WATCHES CLOCKS OPTICAL GOODS DRINK DIKEMAN’S DELICIOUS ORANGE BEVERAGE AT OUR SODA FOUNTAINS—5¢ Of Interest to Those Who Live Out of Town! You, too, can take advantage of the special low prices men- tioned in our advertisements. Save money on drug storc needs by ordering from us. Simply add 19c¢ to every dol- lar or fraction thereof to cover cost of postage and insurance. Merchandise shipped same day order received. Address: Peoples Drug Stores, Mail Order Depart- ment, 77 P St. N.EE,, Washing- ton, D, C. SATURDAY TREAT FOR A SUNDAY EAT Saturday Only You’'ll want to take advantage of our special candy treat tomorrow—a pound box of Littell’s Chocolate-covered Caramels and a pound box of Walnut Stuffed Dates. Saturday. Ten Special Prices to Save You More Money! Phone Main 5215 $1.50 Hairbrushes . Guaranteed Alarm Clocks Genuine Thermos Bottles 77 $5.00 Thermos Jars (gallon size) 65c Kotex * dozen in package. . s Gold-plated Auto Strop EIGHTEEN S —The Better to Serve You Pompeian Olive Oil, Quality Whisk Save on Smokes ° At all of our cigar counters you'll find your favorite cigars,: cigarettes or tobaccos—always. in “just right condition” and priced at a saving. Special Prices On “Luis Martines” Havana Cigars “Rainbows,” Five in Package “Chums,” Five in Foil.... “Pets,” Always Sold 5¢ Sh;., 5 for. “Specials,” 10c Str. Size, 10 in a Box Men, if you enjoy Havana Cigars, be sure to take advantage oft these special prices. Both for 69c—just for Buy These Nationally Known Cigars by the Box and Save More! “El Verso” (adjutans).. _eg Tomorrow-- get a one-pound box of Nut Stuffed Dates and a one-pound box of Chocolate-Covered Caramels Both for New-crop dates with a filling of fresh cracked walnuts—a delicious confection that will please Full pound box. all the family. “El Producto” (bouquets)... “Philadelphia Hand Made™. “Girard” (bankers) ... “La Palina” (excellentes).... «*Garcia Grande” (bouquets} S¢ Str. “Avalon” Cigars, 7 for 2-for-25¢ “Blackstone” (perfecto). Bolano Manila Cigars, 10 for Ejector Cigarette Holder. Nu-Amber Cigarette Holder-............ ... 15c; Socket Pipes (easy to clean) ¢ “Sun Rise> Natural Briar Pipes 5c¢ Bags Duke’s Mixture, 7 for. Imported Safety Matches, 2 dozen “MAGNET” CIGARETTES Package of 20, 10¢ C Carton of 200, 98¢ Toilet Articles Reduced! 50c Hind’s Honey and Almo ’r;cc}] 29 Cream, 34c; 3 for $l -00 35¢ Palmolive ‘Shaving Cream'... ... . Rich, creamy caramels incased in delicious, full-flavored chocolate. Tempting and wholesome. Full pound box. A box of each (2 pounds)—69c—just for Sat- urday. Be sure to get yours early. 35c¢ Palmolive Shaving Cream Special, 29¢ You'll like this delightful shav- ing cream because it produces a rich, creamy, non-drying lather— and softens the beard instantly. Get a tube as you go home to- night. Regular 3bc size, Special, 29¢, at Peoples. Make yours a satiny skin with Satin Skin Cream and Satin Skin Powder. “Kwik. Kurl”? Electric Curling Irons Special, 98¢ Welch’s yai Grape Juice Extra Special 42¢c Quart Bottle Pure, delicious Welch’s Grape Juice—this year’s supply— at a new low price—only 42c for a full quart bottle. $125 Pinaud’s Lilac Vegetal, 6 ozs........ 50c Mulsified Cocoanut il Shampoo........: 10c Palmolive Soap, 7c; 5 cakes, 30c; dozen cakes. ... $1.00 Coty’s Face Pow- der, all odors..... 25c Woodbury’s Facial Soap, 17¢; 3 for..... 25¢c D. & R Cold Cream,” tube 25¢ Mennen's Tale, all odors, 17¢; 3 for..... 75c_Bleachodent Com- bination ........... 75c Howard's Buttér-" milk Cream 79c¢ 37¢ 69c 73c 50c¢ 17¢ 50c 59¢ 59¢ 50c Java Rice Face Powder 39¢; .:5:‘_‘(’:’:.\5[:-:( Nail Prepara- Q) Pond's Cold Cream, 29C? 490§ 45¢: 45c, 39¢i 45cl§ 50c Mennen’s Shaving Creant S50 00 1 60c Pompeian Day 50c Neet Orchard White S0c_Dorin’s Rouge, No. 17 NS S B 50c Djer-Kiss Face Powder i Home Rémedies’ Priced Low': 60c Bromo Seltzer.... 370 39¢ 37¢ 79¢ 75¢ 10¢c 15¢ 29¢ 25¢ M i e 61109 60c Caldwell's Pepsin 50c Listerine Anti- Syrup $120 Sal Hepatica..... $1.00 Horlick’s Malted Milk . . Beecham's Pills, 42c, 21c and .. 25¢ Carter’s Little Liver Harper's Headache Medicine, S3c and... Fleet’'s Phospho Soda, 98¢, 49¢ and.... 4 Wampole’s ol Sloan’s Liniment, 49c and.. nf 98C§ Kellogg's Tasteless Cas- 2 1 tor Qil = d P.Oli. :{in?:" American 75(4 79¢ ‘Mentholatum, 1 [ 60c Doan's" 49(2 89¢ Tyree's Antiseptic Powder, 23c, 45c and Jad Salts.... Bayer's lets, 15c, 25c and.... Bell-ans, 23c and.