Evening Star Newspaper, January 8, 1925, Page 28

FINANCIAT, POULTRY AND EGGS TAKE SLIGHT DROP Fairly Good Demand for Meat Repor‘ted in Lo- cal Market. a fairly good demand A dull market was the holiday season, improvement Is ex- in an active market There was for meats toda reported during and a continued pected to result fore long Top beef, in nd fairly plentiful supply, at prevailing prices, is a fair demand for pork products. Lambs is and lamb, denm the: veal and high. and egg today the roads in took a Improved condi- Maryland and Virginia enabled haulers to renew wetivities and land large consign- s of products of their sections Itry drop prices slight tion of m her observed a 1s not he hanad,” demand stock on “but the is plenty dealer, ay's Wholesale Prices. Fancy, tub, 47a50; prints, packed, 30a35. selected a56; ~ Fresh candled, storage, receipts, Longhorn, 25; mild cream, 5 per pound. rs, 17 _per 15a20; roost 5, ducks, keat oung, 50a70 sed fr led Spring 30; roost- turkeys, 40; geese, 34a \: ducks, 25; 10a45 Calves, choice, 11%; nin lambs, 18a22; Fruits and Vegetables. ket report on fruits and mpiled by the Market vice Bureau of Agriculture derate; demand steady; barrels, and West Vir- up, Staymans, 6.5047.00; Yorks, Staymans, 6.50a Yorks, 6.00. Yorks, demand thwestern, me- extra fancy De- Supplies ket Virginia hes Delicious, inches up, % inches up, la sizes, nd Spitzenburgs, E Old stock; supplies light; »derate, market fairly York, bulk per ton, 40.00250.00; Virginia, 1L Savoy, 1.75a mostly 5; new stock— es moderate; demand moderate, Fiorida, 1%;-bushel and pointed type, barrels demand California, , mostly 7.00; Florida, 3-6 dozen, 4.00a4.50. moderate; de- arket steady; Flor- hampers and ozen ton type, 1.50a2.00; Iceberg type, best, frozen, 2.00a3.00. Onion Market ¥irm. light; t steady; pplies moderate; demana rket firm; New York and 0-pound sacks Yellow S to lary Supplies ferat ind moderate; de- market steady; Mich- Russet Rurals, U. §. sack: New York, und Whites, U. S. Maine, 150- Mountains and mostly es moderate; demand slightly weaker; section, cloth top Savoy, mostly 3.00; Texas, bushel baskets, ht; demand v; Florida, 6s, wrapped, fancy count, mostly hoice count, 4.00a5.00, plies moderate; de- rket steady; Cal ; mostly 3.25 xpress, receipts supplies liberal; demand market dull; Florida, %- 1 hampers, green and wax, best, low as 1.00. plies liberal; ket dull; Florida, whites, mostly 3.00. ppers—Supplies light; warket steady; fancy, 6.00a6.50, Supplles ligh %-bushel h demand pepper demand Florida, demand good market steady; mpers, 3.5024.00: el hampers, fine quality, §.00. gplant—Supplies very light. No sales reported t erries—Supplies light; de- dull; Florida, 5 per quart. carrots—Supplies mod- lemand moderate, market 1dy; Texas, bushel baskets, mostly around 3.50, ICKSBURG, be gathering of the at the M Va. January rthday of Gen. Rob- zal holiday in Vir- lebrated here by veterans and their itland, where a pro- with the occasion following which served. Short ad- itations and music will be ures. The erans and guests will number approximately 60, SHORT-TERM SECURITIES. (Quotations furai 1014 102 1083 1095 10215 100 ol : o7t i oz, catlea 2t oz, TREASURY CERTIFICATES. Quotations furnished by Redmond & Co.) ds March 15 £%s March 1, side t day the n holdin final opinic alue they As Curb Sales i thousar, 15 3 13 Be Gu In 3 Na 3 N 15 Un 3 Un i 10 E 20 G 20 S 10 § es in 3 C: 2% C 30 ic the new where NEW Ing is an official list of bonds and stocks 5 Am Rolling Mills 8s 11 Detroit ® Dunlop 2 Federal & Fried 5 Grant Trunk 2 Kan City Lehi 8 Swiss 110 Buckese P L.... ) South W hundreds THE NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. NEW YORK, January 8.—Uncertain- ty regarding the future movement of prices caused operators on the buying 0 20 slow in the curb market to- The price tendency throughout was highly irregular., One was the heavy of the outstanding incidents selling movement, in new electric bond and share- g company stock. It was car- ried down over 6 points to below 73, where it compared with the previous of 79%. Since trading began in issue, a wide difference of on has prevailed as to the actual of these shares and the belief became general today that they were elling too high. At the low prices were off almost 20 points from > they were selling last week for the rest pf the market traders were giving more considera- tion to the advances of the last month, and were not rushing in to buy in the reckless - manner that characterized recent sessions. Under cover of the familiar bidding up of a few special- ties, heavy unloading of long stocks was going on throughout a good part of the list. But pools and professional operators stood behind their favorites |and their support checked any serious decline. Goodyear Tire common was taken in hand again and pushed forward almost 2 points to 27. Gillette Safety Razor stood out strongly, advancing almost another point on talk of in- creased dividends. Centrifugal Pipe common scored a substantial gain, and Lehigh Valley Coal certificates were bought in sympathy with strength in thig class of stock on the big board —_— YORK, January 8.—Follow- traded in on market today: the New York n BONDS, ids. High, & Allied Packers 6s... S1 Alum Am Gas & Elec 63 Am 5 new 107 108 0415 10053 10815 Ice T8 < 2 Pow & Lt Ga old aconda Gg 1 Anglo Am 01 WS 2 Atlan Fruit 8s Inc eaverbonrd_Ns Reth teel Can Nat 5 Cen Leather 6s i Rock 1 ¢ Bory 78'0..<o0i. ties Serv 7s D.. & Lt 65 1t 6%s D Los Gax' 8 son b, & Rub 7 ugar Ge-33% upp 7...... Robt 78 troit alf_0il Corp € Mateh 6L Ter Power B £k W L real est 4 Manitoba Power Ts.. Morris & Co Tis. at Leather S« Orins Pub M 6igs C Pow & Lt © uock Oil Corp Pet Tis w w i & E Co bigs. erv of N J Gs. 0il Co 6izs.. 4 Shawsheen 73 114 Sinclair Con dal Osage 7s.... n El Lt & P A it Ry of Hav i 7 Vacuom Oil 7s. ty of Bog: French Yoy % Co'te 545 100 1000 vt 58 .... 100% 1008 STANDARD OIL ISSUES. Am Oil. 185 Tobos - a15 64 ntic ureka P L...... al Sig 0il 1200 Humble Oil & R.. 40 111 A 0 Imp 0l ‘of " C 0 Ind P L. 3700 Intl 80 Magnolia Pet Pet ( at_Transit Y Tr: 2100 Ohfo Oil 400 Penn 440 Prairie 700 Prairie 0 & G n wi 310 Prairie P L....... Mex Fuel, 0l & olar Refin 240 South Penn Ol uthern P L.... Peon P L 80 INDEPEND] arib Syndicate... itics Service ities Service pfd. ities Service B cfs Wash Lanst Natio 100 at Wash Natio Amerie Am. Tel m, Tel & P. C. &P Capital city & orget: Metropo Pot sh., shin Washing Wash. Wash. Pot. J Souther Wash. Wardm: Capital Norfolk Wash. Wash. Capital District Liberty Lincoln Second Contine Tnion Wash. Seventh United Real E: 4158 June 15, B ks September 19250 335 December 1925. . 1013 4%s March 15, 1626...... 101% 1013 43in September 15, 192.. 100% 101 4%s March 15, 1627.....0 10115-16 102 116 #1448 December 18, 1027.a 101 1516 102 116 1013% 014 Du Capital Traction Gs Money—Call loans—5 and 6 per cent. Potomnc Electric Potomae Elec. Cons. Potomac Elec. © Balt. Riggs Realty Riggs Realty o8 American Tel. Washington G Terminal Taxi com. Merchants® Vational Savings & Trust.. Columbia Merchanf Mergenthaler Linotype . Nutl. Mortg. & Invest. Washington Stock Exchange SALES. Capital Traction Co.—5 at 92, 10 at o1%, 10 at 91%. ington Gas Light—10 at 54, 2 at 54, 10_at 54 on Monotype—10 at 70%. nal Mtge. and Invest. pd 934, 40 at 9%, 50 at 9, 100 at 9%, 40 at 9%. AFTER CALL. Cities Serv C serip 94 Cont Ol wi.. 25% Creole Synd . iy Gibson Oil ... 135 Gulf Ofl of Pa.... 6814 Kirby Pet . Lago Pet Latin Lyons Marla Mount Prod... . Mutual il vot cf New Bradford Oil New Mex Land... er Oil Corp. Penn Beaver Oil. Pennok Ol Corp.. Royal Canad 0 & R it Creek Cons.. Salt Ureek Prod. 2% Venezuelan . % 2 Wileox 01l & ¢ 3 INDUSTRIALS. Acme Coal < Adirondack Power.. 37 X new.. 9 4 Pack pf pfd. 62 Cigar & as & Elec... 80 L & Tract 187% L & Trac pfa. Py & Lt new.. Pw & Lt ptd Stores . = Superpower A Superpower B.. 3475 Appalac Pw & LE. 78 3 Atlantic Fruft .... 1 Borden Co .. : 139 Botany Con Milis A 48% Briggs Mfg ....... Rruns Ralke Coi .. Bur Add Ma pfd . Car Celly $1000 18 ‘181 Tig 9l 8817 4675 a4y Am Am Am Terexa pfd pin Sac! = trifugal Pi Cor.. terton & Son.. Clecker Cab Mfg A 2 Childs Co new ... 41 Common Pow Cor,. 12413 n Po Cor pfd Bliy Bak A. 1147 Cont Bak B... 243, Cont Bak pfd e Cuba 39 15 80 2815 124 191 3214 61 1% 1740 17 fotor Curtiss Aero Mo ptd De For Rad Co vie DL &W Conl.... Doeitler Die Cas Dub Co R new wi. Dubilier ¢ & Radio Dubilier ¢ & R vte Durant Mot ....... 3 Duplex C & R vt Duz Co A...... East Penn Elec Co lec Rond & Sh pf B & Sh nw wi.. Tnvest . ‘ederated Meta Film Inspect Mach. Freshman ., ... Freed-Eisemann Ra Gillette S R.. Grennan Bakeries. Griffith, D W...... Huppiness Candy” X Inter-Oce Radio Cor Int Mateh pfd wi Intern Utilities B Joes Radio Landover Ho Cor Lehigh Pow sec Lehigh Val Coal Lehigh Va Coal N 'O 1Lib MeN & L new Liberty Rad Ch Sto Long Bell Lu Co A Lupton F M A Mesabi Iron . Middle West Util Midvale Co Murray Body Nat Dist Pr v t cfs Nat Leather Nat Pw & Light... Y Tel Co pfd... Nickel Plate nw wi w pf wi s Pw C R O trcfs . Serra Pacific Elec. Shattuck wi . Sleeper R C v t'c. So C & 1 new outhern Cal E and Pub Co A Stutz Motor Swift Tntl Swift & Co. Teon Elec Pow Thermiodyne R C Thompson B C Tobacco Prod Tower Mfg Union Carbide ... . Tnited G & E T Tnited G & E new Utilitles P & L A.. nited Lt & Pow A 49% s ington Gas 55—$1,000 at 991, nal Mtge. & Invest. pfd.—40 at 9%. $1,000 at 99%. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amerlcan Tel. & Telgn. 4., n.Tel. & Telg: 1. & Tel 1. & Tel. conv. nacostia & Potomac By nacostia_& Potomac guar. bs. Telephone Telephone of Va. Bs. Traction R. R.' Gs. Suburban 5 own Gas 1st plitan R. R. 55..00 st cc. 0s 1933.. . Pow. g m. & ref. Ts. Alex. & Mt. Ver. bs.. Alex. & M. Ver. ctf Annap. S.. ton Gas 6s......... iwy. & Elec. 48 o..... Rwy. & Elec. gen. 65... MISCELLANEOUS. 107 25 gton D.-C._Paper Mfg. 65.. S. L. Bk. 58 s (long).. (short’ n Bldg. 6. Market Cold Storag n Park Hotel 8s.. STOCKS. PUBLIC UTILITY. & Telga... Traction. & Wash, Rwy. & Elec. & FElec. Rwy. prd.... Columbla Commercial ... rmers & Mechanics’ American ... National ~ Metropoiitan Rigss - National Bank o TRUST COMPANY. American Security & Trust.... ntal Trust. Bank Trust... 3 Loan & Trust. SAVINGS BANK. Commerce & Savings Tast Washington Security Savings & Com. Street... States Washingtop Mechanics’. FIRE INSURANC American - Corcoran iremen’s National Unfon......" . TITLE INSURANCE. Title. state Titie... MISCELLANEOUS. ? Transfer & Storage. pra.’. tch Market com. ... 7% 185 110 0ld Dutch Market pfd... Lanston Monotype . Security Washingto Yellow . Stora . n Mfi’l.‘. eeseesae. Cab.. aivideud, nited Ptf Shar.... 614 nit Shoe Mach Cor 43% S Lt & Heat..... 14 rd Bak Cor B.. 447 rd Bak Cor pfd. 923 re Radio Corp.. - 228 ol aEuiice LE888% $eEERteE MINING. Am Brploration . Arizona. Globe Co; Canario_ Copper . Chino Ext Mines Cumstock Tunnel 3 Cons Copper Mines Emma_Silver....... First Thought G A . Goldfield Cons. . oldfield Develop. old State Sold Zone Harmill Div.. Hollinger .....00 Hecla Mine. Howe Sound. . Independence Le 3ib Cons. . Kay Coppe: Lone Star.. Mohican Copy National Tin. 3 Nipissing Onlo” Copper 18 30 40 31 71 70 230 Plymouth Lead Mas . Premier Gold Min.. Ray Hercules Inc.. So Am Gold & P... Spearhead Gold. TemisKaming Min. 41 Tonopah Extens..... Tonopah Jim Butler Tonopah Mining.... Tri Bullion.. Unity Gold. Utah Apex... Wenden Copper. West Utah.... E Yukon Alaska Tr of ‘15% = What Experts Buy. Trained investors always buy s curities that have a substantial loan value. One of the surest methods of determining the value of any stock Is to seek a loan on it. If your banker declines to consider it as collateral you can rest assured its marketability does not amount to much, 47 Diseases Show Decrease. ! Special Dispatch to The Star. BALTIMORE, January 8.—A de- crease of 57 p cent In 47 different diseases was noted last year, com- pared with 1923, according to records complled by the State Board of Health. Tn 1923 a total of 33,725 cases were recorded. In 1924 14,295 cases were recorded. This was due to the number of influenza cases reported in 1923, although practically all other diseases show a slight decrease, e ey ROAD’S INCOME LOWER. NEW YORK, January 8.—Gross rev- enues of the St Louls-Southern in 1924 fell $3,353,533 below 1923, to $26,197,587. December showed a gain §114,478 over the same month the year before, to $2,472,838. A e German merchants are using the port of Marseilles, France, for the first time since 1920, when a few German vessels sought to resume the e trade, but were unsuccess- ful EVENING STAR, WASHINGTON, D. C, PRIGES OF SUGAR T0 REMAIN LOW Heavy Production Sure to Keep Charges Down for Next Three Months. BY J. C. ROYLE. Special Dispateh to The Star. NEW YORK, January 8.—There will be at least 10 per cent more Sugar to fill the sweet tooth of the world in 1925 than in the record-break- ing year of 1924, and indications point to continued low prices for three months at least. Cuban raw sugar has slumped over 20 per cent in price in the last month, and the time of heavy selling of Cuban stocks is at hand. The Cuban mills are now grinding the largest crop ever known on the island. Weather conditions there have been exceptionally favorable re- cently, and the warm, dry weather has counterbalanced excessive rains earller in the season, which it was teared would reduce the sugar con- tent of the cane. Growers Seek Protection. Notwithstanding these facts, the Cuban growers continue to issue com- plaints which in reality are demands for protection against high-priced American labor. Cuba has the ad- vantage of frelght haul over Hawall, the Philippines and Porto Rico Wages are lower in Cuba than in the island possessions of the United States. ~Cane is grown with less labor than it takes to grow corn in this country and the production of sugar consists simply in cutting the cane, crushing it and boiling down the juice. Beet sugar, on the against competition of Cuban growers protest ously, involves a highly complicated process. The Cuban producers can- not get enough natives of the island to work and complain wages have risen and that with a supply of labor almost certaln 'to be inadequate, further advances are imminent. Labor has been Imported into Cuba from neighboring islands and from Mexico and South America, but this labor, which beet producers cannot call upon, still is paid on a scale far be- neath that obtaining in the beet fields. other hand, which the most vigor- Europe’s Blg Outfit. Burope will manufacture mately 6,700,000 tons of beet sugar this season, or enough to take care of a large part of the transatlantic re- quirements. Stocks of sugar in Cuban ports are 83 per cent larger than at this time last year, and a much larger proportion of the crop will be avail- able for export to the United States than in 1924. This seemingly would indlcate low prices, at least until midsummer, when consumption is at its height. Low prices will stimulate consumption to some extent, although it 1s not believed this increase in use will equal the gain in supply. Cuban producers who “sell to them- selves,” however, may not do badly. Many Cuban mills and planta- tions are controlled by American re- finers and the drop in prices of re- fined sugar in the last month has been considerably less than for raws. With a satisfactory differential be- tween raw and granulated refiners normally can make a better showing with relatively low than with rela- tively high sugar prices, since low prices stimulates retai purchases. Estimated United States Output. With the American beet sugar pro- duction estimated at the record figure of 1,000,000 tons, there is not much chance that the differential between raw and refined will favor the latter too greatly, since the beet sugar pro- ducers have been active competitors for business even on the Atlantic sea- board and Texas City sugars are now actively competing in this market Germany has released 110,000 tons for export and European sowing this year will show another increase except in Italy. Thé Louisiana sugar industry is keenly depressed. The crop is the smallest in 30 years and it is doubt- ful if the yield will equal 100,000 tons, or one-third of normal. The crop probably will yield growers $15,000,- 000, as compared with $30,000,000 last vear. approxi- MANOR PARK CITIZENS SEEK EXPRESS CARS Association Asks Additional Serv- ice on Takoma Park Line of Traction Company. Establishment of express service on the Takoma Park line of the Capital Traction Co. to the Colorado avenue loop will be urged, according to reso- lutions adopted by the Manor Park Citizens' Association, meeting at 6210 Third street northwest, last night. It was pointed out that this step would afford residents of the suburban sec- tions a service sufficient for their needs, but the cars are so crowded with passengers who detrain shortly after passing U street that Takoma residents are sometimes compelled to endure long waiting periods in order to be accommodated. Non-observance of sanitary regulations, pvercrowding. and the need for additional service is to be urged upon the traction com- pany. Complaint was registered against the use by building copstructors of the drinking water supply at the new portable school. Children attending this school have been deprived of drinking water ever since its estab- lishment, it was said. Indorsement was_ given to the five-year school building program as recently outlined by Supt. Frank W. Ballou of the school board. The proposed action of the Parent-Teacher Association in calling for an Investigation of the school situation in the District before engaging in further bullding activi- ties was opposed. Efforts will be made to secure the placing of a viaduct at Van Buren street and the cutting through of Rittenhouse street from Blair road to Sligo Mill road, with a viaduct for the railroad where it passes this pro- posed thoroughfare. Cutting through of Sheridan street from Georgia ave- nue to Third street will also be urged. Indorsement was given to all pend- ing bills now on the Senate and House calendars affccting the District. The Post Office Department will be asked to provide additional carrier service and to furnish more mail and parcel post boxes. It was said that there is but one mail box in all of Manor Park. Senator King of Utah informed the association through letter that he would strive to obtain an appropria- tion for a permanent school in the park. Plan $100,000 Potomac Bridge. Special Dispatch to The Star, MARTINSBURG, W. Va., January 8. —Committees from two business and professional clubs here have been named to appear before the State Road Com- mission in Charleston in support of a project to have a $100,000 bridge built across the Potomac River from Paw Paw, W. Va., to Kifer, Md,, 50 miles ‘west of here, which would be used as a connecting link between Maryland and West Virginia State road leading from the West to the Hasty THURSDAY, $153,000,000 Bond Offerings Today; Two-Year Record By the Associated Press. . NEW YORK, January 8.—New bond offerings today aggregated nearly $153,000,000, the largest total for a single day in_ about two years. The list was led by the $§125,000,000 American Tele~ phone and Telegraph Co. issue, while the largest miscellaneous offering was $7,350,000 City of Chicago 4 per cent bonds at prices to vield 4.10 to 4.20 per cent, ao- cording to maturity. NEW $2b,000,000 DAM TO BE BEGUN AT ONCE Special Dispatch to The Star. BALTIMORE, January 8.—Work on the $20,000,000 Conowingo dam proj- ect, on the Susquehanna River, in Har- ford and Cecil counties, will bo begun as soon as weather will permit, it was announced yesterday. The project will serve Pennsylvania and the East- ern Shore, not coming into Baltimore. About §5,000,000 in securities of the operatink company have already been approved by the Public Service Com- mission. SHIP LINES UNITE. Shipping Board Reports Completion of 17th Merger. Consolidation of the Daniel Ripley and the Lykes Brothers ship lines, op- erating mainly from Gulf ports to Europe and the United Kingdom, was announced today by President Palmer of the Fleet Corporation. The Ripley company operates nine vessels and Lykes Brothers 22. The consolidation was requested by both ompanies and approved by the Ship- ping Board. It is the seventeenth merger under the Fleet Corporation. MARKET CONTROL MAY _ MEAN HIGHER PRUNES By the Associated Press SAN JOSE, Calif., January 8.—For the first time in several years there is a strong probability of a consist- ently rising prune market during the winter months, according to a bulle- tin of the California Prune and Apri- cot Growers' Association. The indus- try is faced with the possibility of a complete clean-up of stocks. The sociation holds a large enough percentage of the prunes re- maining in the United States to be the dominant factor in the marke — . WALL STREET NOTES. NEW YORK, January 8.—In trast to a deficit of nearly $3,000,000 reported by the New York, New Haven and Hartford Railroad in 1923, it is estimated in Wall street that earnings for 1924, will be close to $2 a share. Another gold shipment of $2,500,000 by J. P. Morgan & Co. s leaving Hamburg for the account of the Reichsbank, bringing the total for- warded on the German loan to $27 500,000. December con- sales of H. R. Mallinson & Co. were 19 per cent greater than in December, 1923, and about 21 per cent in excess of November, 1924. The dividend of the Texas Company is in no danger of reduction or omis- sion, according to C. E. Lufkin, chair- man of the board. SEA]‘ BRINGS $30TOO0. NEW YORK, January 8.—A seat on the New York Cotton Exchange owned Ly the estate of G. Elder Adams was sold for $30,000 vester- day to Simon J. Shenker. The last previous sale was $29, COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY DETROIT, January 8.—The Ricken- backer Motor Car Co. has acquired control of the Trippensee Closed Body Corporation through an exchange of stock on a share for share basis. PHILADELPHIA, January 8.—Cigar factories in York County, which have been on low production since the holl- days, are reopening. Orders are pil- ing up fast and working forces shortly will be on full time. BOSTON, January $.—The Dwight Manufacturing Co. of Chicopee, Which has been closed for some weeks, has resumed on a five-day-a-week sched- ule. The Fabyan Woolen Mills at Medway will resume Monday. The Renfrew Manufacturing Co. of North Adams has cut wages 10 per cent. PORTLAND, Oreg., January 8— Wheat and flour shipments to Europe fcr the 1924-25 season so far have been less than those of a year ago, due to smaller grain production. The grain crop of the Northwest was only about half that of 1923 in volume, although it had nearly the same value. PITTSBURGH, January 8.—Some inquiry for first-quarter coke has ap- peared here, and lowest quotations now seem to be $5 a ton. If you want a Stenographer —advertise for one in The Star Classified Sec- tion—and you’ll be sure to catch the attention of those seeking a position. If you'll state the re- quirements in detail your applicants will be those possessing the qualifica- It’s easy to under- stand why The Star prints MORE Classi- fied ads every day than all the other papers here combined. “Around the Corner” is a Star Branch Office JANUARY 8, 1925, TRADE MARK CASE SETTLED BY COURT Washburn-Crosby Must Give Up “Gold Medal” on Pancake and Buckwheat Products. Special Dispatch to The Star. NEW YORK, January 8.—The Wash- burn-Crosby Co. has been enjoined from the further lllegal use of its trade mark, “Gold Medal” in_an opinion handed down by Federal Dis- trict Judge Francls A. Winslow here that concludes what is sald to be one of the most bitterly contested and {mportant trials involving trade mark litigation to be decided by a United States court in many years. This case involved the great Min- neapolis Milling Corporation’s regis- tered mark on flour and other products, which was held by Judge Winslow to be an illegal infringement of the trade mark, “Gold Medal,” as applied since 1905 to the pancake and buckwheat flour products of the France Milling Co., Cobbleskill, N. Y., Pplaintiff in this action. Testimony indicated the Washburn- Crosby Interests had spent $17,000,000 in advertising campalgns to establish the mark “Gold Medal” and large sums had been expended by the France Milling Co. In marketing 18,000,000 packages of its products un- der the same trade mark, B. & 0. PRESIDENT SEES TRAFFIC GAIN IN 1925 Danfel Willard, president Baltimore and Ohio Railroad, says: *T ex- pect our traffic will run in somewhat greater volume in 1926 than last year. Consolidations should be ef- fected just so far as it may appear economical to do so. The inspiring thought behind the consolldation idea is that by consolidation transporta- tion cost may be reduced, which it is hoped will be followed by reduced transportation charges. I can think of no reason for developing a group unless there is sufficient cause to be- licve that economies would follow. I do not suppose there will ever be any solution of the railroad problem that may properly be considered per- manent.” T believe, however, that the present plan of regulation provided in the transportation act of 1920 goes as far as is prudent in the way of regulation at present.” $13,000,000 HOTEL DONE. PHILADELPHIA, January 8 (Spe- cial)—On January 14 Philadelphia’s new 1200-room Ben Franklin Hotel will be opened. Its cost, with the ground it occupies, was $13,000,000. The man who really knows a lot about women is usually willing to admit that he knows nothing. FINANC IAL MERGER TALK BOOSTS WESTERN MARYLAND Eventual Connection With Nickel Plate Cause of Active Trading. By the Associated Press. NEW YORK, January —Reports of pending merger negotiations have aroused activity in Western Maryland | Rallway &hares, which have been neglected in the recent bull market, | Official confirmation of a proposed deal was lacking, but it was pointed out in the financial district - that Wheeling and Lake Erie, which later might be consolidated with the Nickel Plate, Western Maryland would make a strong combination. The road had valuable terminal prop- erties in Baltimore and holds a strategic position in the coal region. PRICE LEVEL IN 1925 The present price level for all com- modities is apt to stabilize at a point about 60 per cent above the pre-war basis or else rise to a new high peak, according to Prof. Irving Fisher of the department of political economy, Yale University. He says “With our large gold reserve and with a deposit expansion already ade- quate for a higher price level than that which we now possess, L-think that, except for a determined stabili- zation by our Federal Reserve admin- istration, we are likely to have a further rise in prices, I think there is very little prospect of any fall—at least of any fall which shall be great and permanent.” SUGAR PRICES LOWEST SINCE LAST JUNE PLAN ELECTRIFYING OF PENNSY SOON Immenseq, Railroad Power Project May Cost Com- pany $50,000,000. Special Dispatch to The Star. BALTIMORE, January $.—Electrifi- cation of the Pennsylvania railroad lines between New York and Wash- ington is expected to start next Spring. Estimates of the cost range to $50,000,000 The first step will be taken between Philadelphia and 'Wilmington. That will be followed by electrification be- tween Wilmington and Baltimore, and then from Baltimore to Washington. Work between Philadelphia and New York will be completed 1 The project combines with the $52,- 000,000 Conowingo dam project on the Susquehanna River, a license for which was granted last week in Washington by th deral Power Commission Power will be bought from the Susquehanna Power Co., which con- trols the Conowingo project, and the Phlladelphia Power Co. L TR Continental Trust Company Capital One Million Dollars 14th & H Streets LT TR T NEW YORK, January 8—Granu- lated sugar sold in the local market yesterday at 6% cents a pound, the lowest price since last June. Although the market for refined sugar has been holding fairly steady, readjust- ments of as much as % cent a pound were forced to meet the lower price level of the new crop of Cuban raw sugar. ZINC STILL HIGHER. E ]fll"llllIlllllllli"llllllllll LOANS FROM $50 7O $100 Can Be Obtained by Using Our Certificate of inventory, Appralsal and Title. CHATTEL TITLE COMPANY NEW YORK, January S8.—Prime Western zinc {ouched another new high price yesterday on the r\res!—nt{ move, January delivery, being quoted | at 7.85 cents a pound, East St. Louis, | and February and March, 7.80 cens. i > | RAILROADS REDUCE FARES. ST. PAUL, January 8 (Special).— The Northern Pacific, Great Northern 805 Fifth St. N.W. FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 and Soo Railroad have*announced a | reduced homeseekers' fare on their| lines equal to the fare one way plus| $2 for the round tri 1315 F St POOLE, President JOHN Statts as Easy in ~ ~ Winter as in Summet Stop worrying not your engine will start. about whether o1 In- stead, use the fuel that takes hold and starts the engine as easily in Winter as in Summer—AMOCO- GAS. This first and original special motor fuel knows no as in Summer season. In Winter it goes into the engine a highly volatile vapor, so ready to work at the touch of a spark, that starting is easy, AMOCO-GAS is the year-round fuel. The power, mileage, speed and economy plus this easy-start- ing quality makes it the every- season choice. This Winter, as in past Winters, your easy starting will come from the Green Pump showing ‘the AMOCO-GAS Globe. e THE AMERICAN, QIL CO, — General Offices: Baltimore, Md. Washington Plant—SOUTH WASHINGTON, VA.—Phone Main 6222