Evening Star Newspaper, March 2, 1925, Page 25

PRIGES HOLD FIRM AT GENTER MARKET Eggs Still on Downward Trend—No Changes in Other Quotations. Increasing shipments of eggs is re- pulting in sending the prices down- ward. Receipts have increased to a considerable extent the past two wweeks, but the recent cold snap, it is slight halt in the Noxt month, when to be much bought for stor- stated, cau: a downward trend. ices are expected choaper, eggs will be age. Prices of Rubstar commodities were me as at the close most ially the week’s market 's Wholesale Prices. print: candled, 32a 16; Spring Winter chickens, ducks, 1522 ; geese, 15a2 pring chick- 0: fowls, 28a. 25a28; 7a36; fowls keats, youn choice, nbs, Si me- ing, oulders, 1 Vegetable Review. t on fruits a the M. Agricultural all repor ompiled by News Service Bureau of limite demand ady ; by Mary West Virgini k Twigs, 6.50a7.00 .00 A 21 inches )xes, Northwest- zes extra fanc stly 4.00 mostly and practically ' no reported ; demand Florida, round and pointed fair quality low pers, Supplies liberal; rm; F demana market 4 Supplies liberal market steady; (¢ Vall es demand “alifornia, Iceberg type, zen, 4.00a4.50. mited; demand ady; New York sacks, Yellows, lium to large low as 3.00. »derate; de- rket steady: Mich- and Ohio, United Sta Spinach Market Weak. Spinach—Supplies liberal; lmited, market weak:; Texas, baskets, Savoy, mostly 1.00 Carolina, 1 damand bushel rket xteady -top stave bar- No, 5.00a vams, 1 1, 4.50a5.00; Maryland and Dela- vellow vari- Tomatoes mand mode upplies moderate; de- ate for good stock, mar- ket steady; Florida 6s, ripes and turning, wrapped, originals, fancy count, best, 5.00; choice count, best, 4.00; ordinary condition, wide range fancy and choice count, ower — Supplies moderate; e, market steady best, mostly pplics limi arkot steady; pers, green, ity, 5.00, beans—s ght; lerate, market steady; F shel hampers, 6..00 Supplies light; demand good ket steady; Flor- hampers, Dest, 7.00 4.00a5.00 blies lig port very bushel 7.00; fair q Supplies eported gplant—Supplies - light; ate market steady pepper st, mostly 5.0 Sizes, crate e ; Strawberries — Supplies light; de- and limited, market steady; Flor- ., pony refrigerators, 40a50; mostly ber quart. Carrot Supplies limited; moderate, market steady; 1.85 plies light: demand good K, market steady; Texas, best, 2.50a2 demand Florida, small very demana Texas, bushel Kkets PUMP’ S 1924 NET INCOME NEW YORK, March 2.—Worthing- 1924 a net and a_ surplu; dividends and tax res The balance sheet assets of $18,437, $1.6 income ves how Net to work off the cause and to fortify the system sgainst, an attack of Grip or Influ-| enza. A Safe and Proven Remedy. Price 30c. The box bears this good stock § light; noj 1d Machinery Corporation { of | after pay- | SHOW MARKED GAINS By the Assoclated Press, NEW YORK, March 2—The B. F. !Goodriuh Co. and subsidlaries enjoyed ‘B. F. GOODRICH PROFITS a prosperous year in 1924. Net profits to $8.822,504 after interest, depreciition and reserve of $1,000,- 000 for contingencies. This was equal after preferred dividends to $10.57 a share on the common against $3,025,538, or 80 cents a share in 192: when no reserve was charged. Sur- plus was $6,362,354, compared with $482,078 the year before. Net sales were $109,817,685, against $107,092, in 1923. VIRGINIA LAND NOW $6447 PER ACRE Hay, Potato and Apple Crops Far Surpass Those of North Carolina. jumped 30 Special Dispatch to The Star. RICHMOND, Va. March 2 parigon of the agriculture in Virginia and North Carolina, compiled by the State Department of Agriculture, shows the farm area in North Caro- lina is larger than in Virginia. In the former State there are 27(,000 farms, with a total of 20,022,000 acres, whils Virginia has 186,000 farms, with a total of 18,561,000 acres. While the total value of all farm property in North Carolina was siightly higher than in Virginia, the value per farm in Virginia amounted to $6,425, com- pared with $4,634 in North Carolina. The average value per acre of all farm property in Virginia was $64.47, compared with $62.44 in our neighbor- ing State. Virglnia Live Stock Lead. The Tar FHeel State leads the Old Dominion in the total value of all crops, owing to the fact that the pro- duction of cotton and tobacco, the principal cash crops, is much greater in that State; but Virginia leads in the value ot live stock on farms, the total value of live stock ,sold and slaughtered, the value of dairy prod- ucts and the value of chickens and eggs. In the production of cereal crops Virginia ‘also leads by a com- fortable margin. The total value for such_crops in this State In 1920 was §108,724,000, compared with $94,617,000 for North Carolina. In the production of hay, potatoes and apples Virginia far surpasses its neighbaring State, and in the latter two crops this State ranks as one of the leaders in the entire country Old Dominion Better Equipped. The population in both States is largely rural. In North Carolina nearly $1 per cent of the population ilves on farms, and in Virginia 71 per cent. Virginia farms are consider- ably ahead of those in North Caro- lina in the matter of farm equipment such as motor trucks, tractors and telephones. In 1920 1.3 per cent of the farms in Virginia had motor trucks, while only 0.9 per cent of those in North Carolina had trucks. There were tractors on 1.2 per cent of the farms in Virginia, while only 0.8 per cent of the North Carolina farms had tractors. Telephones were found on cent of the Virginia farms, with 12.2 per cent of the farms in neighboring State. Water was piped Into 5.1 per cent of the farms | in this State, against 1.6 per cent in { North Carolina. We find that 4.2 per cent’ of the farms in this State had gas and electric light in 1920, com- pared with 2.9 per cent in North Carolina. 15 per compared AL MONTH‘S NEW ISSUES. NEW YORK, March of corporate securities in February totaled $383,645,200, an increase of $128,732,000 over the same month last vear, according to a compilation by the Journal of Commerce. The rail- road issues gained $39,605,000 and in- dustrials $89,124,000. The total for January and February was $856,917,- 300, an increase of $381,121,000 over the same period last year. —New issu sure that a dose of Pluto is WATER V227 didn’t understand that most flictions—uncontrolled dizziness, They blamed the heart, the lungs, the brain—everything but the right thing; suffered untold torture as a result. Today, sensible people know that dizziness is simply a symptom. It usually means that con- gested waste matter in the digestive tract is saturating the entire system with its poisons. Whenever your “head swims,” mnm'-u e PLUTO THE EVENING STAR, OIL CONCESSIONS STIR UP FEELING Exploitation in Many Lands Being Watched Closely by the Nations. BY 4. C. ROYLE, Special Dispatch to The Star, NEW YORK, March 2.—The creased flow of “black gold” through the channels of world commerce, trade and industry may change the course of world politics. The struggle for control of petroleum deposits in a dozen different parts of the world seems destined to lead to Interna- tional representations, appeals to the League of Nations, and perhaps to changes in administrations of some of the less stable governments. ©Oil men are not waiting for deple- tion of the present petroleum sup- plies, nor are they depending on the slow-moving conservative measures to take care of the future. Interests of as dozen different countries are fighting tooth and nail for conces- sions to develop new supplles or to control those already developed. And some of them, it is charged, are using whatever weapon comes to hand, po- litical pressure included. Moves Closely Watched. in- The United States through its busi- ness interests is vitally interested in many of these struggles for control and developments are belng closely watched from Washington. Albania is the center of one of the latest battles for control. The Anglo- Persian Oil Co. of Great Britain and the Standard Oil and Sinclair inter- ests all are fighting for the Albanlan oll concession. Today a cable from London announced that the Albanian Parliament had ratified a 60-year con- cession to four Albanian oil flelds to the Anglo-Persian Co. = The agree- ment, it was stated, provided that Italy should have some participation in the exploitation of the flelds. It is clalmed in some quarters that the revolution which ousted Premfer Fan Noli of Albania and established Ahmed Bey Zogu in power and led up to the signing of the concession was given support by Jugoslavia under pressure from England and Italy through Serbia. On the other hand many students of world affairs contend the Jugoslavs were anxious | to see American interests receive the concession and were not anxious to see It go to the Anglo-Persian Co., although they were supposed to be supporting Ahmed Zogu's revolution. May Protest Monopoly. It is known that the Standard Oil interests now have a man on his way to Albania who is expected to arrive there this week. Another complica- tion of the situation is that the Al- banian government signed a contract with the Anglo-Persian Co. in 1921, but it was not ratified until this time. If it is found that the ratified con- cession gives the Anglo-Persian Co. a monopoly in Albania, it is extreme- ly probable that there will be a vigorous protest from the United States. England sees in Turkey's move- ment of troops against rebellious elements in Kurdistan an effort to declare martial law in the vicinity of the rich Mosul ofl flelds. This would give Turkey something to bargain with in other international dealings. As the boundary commis- sion of the Léague of Nations is in- volved, this matter may come before the next meeting of the league. Russian Ol Stirs Up Feeling. The Soviet government makes no bones about using her ofl deposits and the concessions thereto for the purpose of forcing recognition by other governments. One of the lat- est Russian moves has been the nul- lification of the concession to the Sinclair Consolidated Ol Co. to the Russian part of Saghallen. Japan naturally is deeply interested in who controls the Russlan oil supplies. A bitter struggle is now going on in South America between British, Dutch Uear the digestive fract ¥ you wou!dmlwwabmmss; IN the dark ages of medical knowledge, people of af- you may be Pluto Water is in order. This safe, quick-action, water physic goes direct to the root of the trouble. In'30 minutes to two hours, the poison is expelled and a nor- mal feeling of equilibrium returns. promptly and thoroughly with Pluto Water. Get relief 1d by '.;flfll'v WASHINGTO: EVERYMAN’S INVESTMENTS BY GEORGE T. HUGHES. From timz to time it happens that a legitimate company, the stock of which was purchased in good faith as an investment, meets with disaster and the shares sell down almost to the vanishing point. Eventually re- organization is proposed and the bankers draw a plan for new capital which is generally furnished by the stockholders, who are called upon to pay an assessment. The question then arises whether the stockholder shall contribute new money in the hope of recovering some part of his original loss. This is an extremely difficult question to answer. Many corporations, the shares of which now sell at very high figures and are rightly considered conserva- tive Investments, have at one time or another gone through recelvership and emerged stronger and more pros- perous than ever. The trouble is that there is never any assurance that this happy ending will come apout in any specific case. If there was such as- surance the stockholders would con- tribute eagerly the new funds neces- sary, to put the corporation on its feet. The only way to look at this prob- lem is to disassociate one's self from previous experience and to consider the matter entirely in the light of a new adventure. This done, the nature of the speculation, for that is what it always | becomes apparent. Ask yourself the question whether or not you would take this chance if you had never had any interest in the com- pany previously. Collect all the per- tinent statistics and then look around and see if there be not some equally advantageous opportunity elsewhere for the same price. Do not allow yourself to be swayed by the feeling that you must make up a loss in the same place you origi- nally incurred it. Sometimes that hap- pens, but those times are exceptions. And in any case remember that no matter what your first intention may have been, you have now been forced into the position of & speculator. (Copyright, 1025.) and American Interests. The Brit- ish are rapidly making their island of Trinidad a storage and refining center. The Dutch arg taking similar steps with Curacao. 'So far the Eu- ropean interests have the balance of power in that section. Any effort to exert political pressure in Central or South America un- doubtedly would involve the United States through the Monroe Doctrine, irrespective of the Interests of her nationals. In Mexico, the trend is in American favor, since Great Britain has declined to recognize the Calles government and further concessions to British capital until that {s done are unlikely C., MELLON INTERESTS PURCHASE BIG PLANT Pittsburgh Construction Company Pays $15,000,000 for Con- cern in Baltimore. Special Dispatch to The Star. BALTIMORE, March 2. —Approxi- mately $15,000,000 cash was paid by out- of-town interests for the plant of the Bartlett-Hayward Co., sale of which is announced by Howard Bruce, president of the company. The McClintic and Marshall Construction Co., of Pitts- burgh is the purchaser. That company is controlled b; Mellon_interests, headed by the tary of the Treasury. The transaction 18 the largest of its kind since the sale of the Sparrows Polnt steel and ship- bullding properties to the Bethlehem Steel Corporation No agency in the United States did more than the Bartlett-Hayward Co. to keep the United States supplied with ammunition and other war material. At the peak of production during the war 23,000 men and women worked day and night turning out shells and other ar- ticles for the Government MONDAY, MARCH 2, 1925. SEABOARD’S TRAFFIC REDUCED BY FLOODS January and Februery Earnings Show Decrease From Last Year’s Figures. Special Dispatch to The Star. BALTIMORE, March 2.—Due to the heavy ‘floods, which hampered traffic throughout the South for a period of three weeks in January and Febru- net raflway operating income of Seaboard Air Line Rallway Co. showed a decrease of $138,175 during the first month of this vear as com- parad with January, 1924 Total operating revenues for Jan- uary, totaling $4,799,824, were an in- crease of $47,988, despite the flood. Total operating expenses, however, showed an Increase of $134,983, ag- gregating $3,015,340, Expenditures were heavily increased in taking care of trackage and equipment, in the flooded area. Sl So great were the rains in parts of Nicaraugua last Fall that railroads were unable to restore traffic for months afterward. SEXT TIME 7o Dr. Lyon’s when you tire of either the harsh grit or powerful flavor of your dentifrice. You will like the change—no drugs, mo risk. Conservative Management is the greatest safeguard a bank can offer its patrons. Adequate supervision comes next. 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