Evening Star Newspaper, March 6, 1925, Page 27

THE - EVENING STAR, WASHINGTON, D. C, SPRNG BULDNG B0 UE SOON Revival of Work Will Add Mil- lions to Purchasing n Power of Nation. | tarming districts than BY J. C. ROYLE. le Special Dispateh to The Star. [ e NEW YORK, March 6.—Within a|fl month from toda the building in- dustry again will be in full swing} 8! in practcially every part of the coun-| try. Work that now is being held| back will swell the total of activity | Maine purchasing | De spite ot | | st ar- and add millions to the power of the nation. Fo every effort to encourage & round building, const into a slump In the Wi Bullders state that it costs approxi- mately 5 per cent less to build in Winter than in Summer, expense entailed by ‘pro | workmen and materfals, T [ in costs during the Winter months is not alone due to cheaper materialsf . y lumber, 3 ment her commodi s e also to the es then is refore, or bonuses. | low! 1abo: larg It th ary to pay overtime | men are anxious for the Winter | jobs and work almost 10 per cent| more efficiently than other sons, according to one of the largest contractors in New York. at & bus T ¥ riand for cigars is fair with s| so cut off. 3 th ducer- here say scrap market showed further. weak- with a price HIGH-GRADE BONDS § .IN LIMITED SUPPLY By the Associated Press. NEW YORK, March 6.—The eager- ness of Investors to purchase high- grade bond. issues’ has brought about a situation in which the demand is far greater than the supply, with a scarcity that is general *throughout the list, according to bankers and bond dealers. High-class utilities, ralls, industrials and foreign se:uri- ties were being chiefly sought. it was sald . COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY March 6.—Retail dry here report February Dbetter than January, but the same month last tlers also report sales under those of a yenr ago. n and shoe jobbers report eavier buying orders from interior from larger ar. S lightly KENNECOTT COPPER EARNINGS DOUBLED By the Associated Press. NEW YORK, March 6.—The finan- cial district again is giving attention to earnings of Kennecott Copper Co., which are said to have have been more than double the annual dividend rate of $3 & share. With coppes around 15 cents it .is belteved the company easlly could earn $7 a share, hence the curiosity attendant on the next meeting of the directors and possible action on the dividend. The company is well supplied with cash, omo- | it is said, and its low cost of produc- arger | tion Is considered a safeguard against | deficits when copper declines to a point at which,other companies could not operate at a profit. enters of population. PHILADELPHIA, March 6.—De- enters and class C grades in excel- °nt request. Prices are firm and nished stocks are moderate. Factor- are operating at an average of 6 per cent of capacity. BOSTON, March 6.—The Boston and Railroad has announced that if rmitted to abandon unprodugtive es in Massachusetts, it will sub- itute bus lines to serve communities CLEVELAND, 6.— ile operat March 4 fons are somewhat han at any time this year. One pro- operations are being arded because body: builders are ehind with deiiver : — 7 DENVER, March 6.—The price of milk here is now 10° cents a quart, the lowest mark reached in several years. The dairy industry in Colo- rado has increased faster in the last three years than in any other West- ern State. PITTSBURGH, Mgreh 8.—=The steel Heavy melting o 318, compared 50 w short time predicting $17. ess in the last week teel is quoted dow of Many are 0. March 6.—Retail lum-| HOUSTON, March 6.—As & result ck up in | of heavy ri pts the wholesale price I0& Pro- |of eggs here has dropped to 25 cents are firm- | & dozen 1 are expected to rise when | = 11,135,935 BUSHELS "OF GRAIN IN STORAGE Facilities at Baltimore Strained to Limit—Rye Makes Record. Embargo Still On. Bpecial Dispatch to The Star. BALTIMORE, March 6.—Grain-stor- age facilittes at this port continue practically filled to capacity, notwith- standing the fact that an addition of 4,000,000 bushels to elevator capacity was made last year as a result of the completion of the new Baltimore and Ohip facilities at Locust Point. More. than 7,000,000 bushels %of rye were in storage in local grain eleva- tors at the end of February, a new high record for this port. This is out of a total of 11,135,985 bushcls af grain of various Kinds stocked in lo- cal elevators at this time. Embargoes imposed some time ago by the Pennsylvania, Baltimore and Ohio and Western Maryland railroads, in consequence of the lack of further storage space, are still in force. WHITE STAR EARNINGS. NEW YORK, March 6.—Operating expenses of the White Star Line will be substantially heavier than they were last year and earnings will not be any better than they were in 1924, eccording to Harold A. Sanderson, chairman, who returned from abroad yesterday sion to construct and operate ines totaling more than 1,200 miles have been granted by the gov- | ernment of Poland recently. SALES OF PIG IRON SHOW BIG INCREASE By the Assoclated Press. NEW YORK, March 6—Sales of pig iron In the Bastern district this week are reported to have been the best in the last few months, aggregating 25,000 tons, most of which was booked for mecond-quarter delivery, altiiough small lots of 1,000 and 2,000 tons were for spot shipment. Central Foundry Co. was the largest buy with about 9,000 tons. said to have placed a falrly good sized tonnage in this district BANKS LOSE MONEY AS PEOPLE PROSPER Special Dispatch to The Star. TOPEKA, March 6—Bankers in this State declare their prosperous, but that the banks are not making as much money, as last year, Deposits have Increased $73,878,258 while loans have dropped $85,416,247. Cancer is twice as common in wom- en as in_m FRIDAY, MARCH 6, United States | Cast Iron Pipe and Foundry also was | patrons are more | 1925. EXPECT STEEL EARNINGS TO REVEAL INCREASE By the Associated Press. NEW YORK, March 6.—The stéel trade expects that earnings of the United States Steel Corporation in March will be larger than in either January or February, the tendency having been upward since late in No- verabar, due to better prices and heuvier production. January earn- ings hive been estimated at $12,500,- 000 and about the same amount has | been mentioned for February. Fig- | ures for March are being placed at more than $13,000,000, a total for the | first quarter of about $38,000,000, | which would indicate surplus of about $7,000,000 after payment of all divi- dends, including the 50 cents extra on | the common. Pay What You Will STUDEBAKER You Can Buy no Finer Car 1218-1220 F St. N.W. WORLD - Largest Assortment Best Values Phone Main 7604 Bulldings Now Most Needed. ] The construction which will gpeed up fastest after April 1 will be that i lved in erection of pub build- , retail store s gle-family dw being plans apartments a CRUISE Largest and finest z er fo circle facturers or cc output is exp 000.000, the s | William € of the. Con Association, de new type of wall has been developed this Winter, sespecially adapted for s and sin- < r the t for additional hot large dwellings are not num It is expected that the total building expenditure for the next four months will be fully equal | to that of the corresponding period of | small dwelling construction. 1924, which was a record-breaking | it low »st masonry cc struction yet devised. It is made of is doubtful if the amount of | common brick four inches wide with work that will be done in the larger|four-inch pilasters bonded into the centers will equal that of last year,|Wwall at frequent intervals. but, on ‘the other hand, the construc- g Chnkper Pt tion in_smaller cities and . country [ oo S EFE i Ak i1l far sutpass that of any | Jt8PE & secretany.of 4} perfod since the war. For exam ot ESarIatRof, (e thetwiork Bous few changes will bé made in Jethey 18 itk Ak {the scale of wages this vear at the| Dbeen nearly 40 per cent brick yards and pay rolls will be for the corresponding period 1 increased, rather than diminished e e e Boom conditions are reported by the | e - ckmakers of the Pacific North-| of 36 per cent in " . | Stutes, ot et Foreign competition is being | AiEtes: 18 pec fcrntiin j | felt along the Atantic sea and 14 per cent in the N shipments coming in frc Brickmakers Rejoice. ande Holland | of the trends indicated Tennessee and Kentucky are count above, brick manufacturers are pre- | ing the development of M | paring to speed up preduction. They | Shoal the So look for d 1t prosperou: projec really g year. especi : of the de .r way building operations in 't mand for d ngs. *In the Middle | section will be 10 times the uul.ml‘ West, for example, about 65 per of the kilns, of the brick ma: goes wellings. | 4Copy The makers also preparing a |- brisk campaign to 11 the farmer brick. For a time the hollow tile and cement manufacturers took the lead in filling the farmers’ demand for building materials. New Type of Wall, A survey 8f the country that the composite price of L present is about $13 per 1,0 fluctuations are expected us. an entirely NOT ORIGINAL We do not-claim credit for. originating the slogan “Dodge Brothers Dealers Sell Good Used Cars.” But we do claim to be Sailing Westward from New York NOVEMBER 25 From San Francisco, December 14. Returning to New York, April 6, 1926 132 DAYS — 60 CITIES — 14 COUNTRIES doing our part to impress To these Fascinating Places—In their Most Interesting Seasons: the world with its truth- Vid . e TR A Havana, Balboa, Panama, San Francisco,” Manila, Batavia, Singapore, Di: . : fulness. 5 \ Hilo, Honolulu, Y ik & ot S CA L Cor s e and Heey 'okohama, Tokyo, Kobe, Nara, Kyoto, The In. Sudan, Port Tewfik, Cuiro, AL g Macao, Naples, Monaco, Gibraltar. land Ses, ‘Shanghal, Semmes Motor Company iy ok bl e formies litreie | (A Red Star Line, R. M. Hicks, Mgr, 1208 F_Street N.W.: American E ‘ . Used Car Dept. pL Company, 1331 G Streét N:W., Washiogion, D. C.; or other offices o agencics of Heal Bleeding 1707 14th StL.N.W. Main 6660 i cither company. Soepe! Open Evenings and Sunday n s g L‘ INTERNATIONAY MERCANTILE MARINE CompPany In Cooperation with American Express Company The First of a Series of Four v Sherlocl( Holmes : Stories *The Adventure of Sussex Va'mplre BY A. CONAN DOYLE west. 1 Germany | In view ro w manu: | All shore trips under masterly guidance of the American Express Company. OUR FIRST SPRING SALE OF ENSEMBLE. SUITS A fortunate purchase emables us to offer for Saturday only a- sale of High Grade Ensemble Suits. Every new color is repre- sented, including New Blue, Rust, Sand, Henna, Shrimp and Navy. Sizes range from 16 to 40. These Ensembles are made to sell at much higher prices. They go on sale Saturday morning at $24.75. Use Your Credit Pay*2 Down You may cpen an account Y‘!"“' first deposit secures for any garment you select. this great value. Easy terms Just say “CHARGE IT.” can be arranged. New Dresses #1038 the sy Will Appear in the Magazine _Section of The Sunday Star Mazrch 8 "Each of the four stories will be complete. and they are appearing My, in a newspaper for the first time, Order your copy of next Sunday’'s Star from your newsdealer today. You cannot ‘afford to miss‘ -this fiction treat of the year. Second Floor Over Kresge’s Cor. 7th and E Sts. Fes A Just Arrived! Girls' Coats and Dresses AT MODERATE PRICES Boys’ Department