Evening Star Newspaper, March 18, 1925, Page 29

¢ BUTTER IS HIGHER IN LOGAL MARKET New Potatoes Arrive From Florida—Best Stock $12.50 Per Barrel. New potatoes from Florida are be- fng received in quantities sufficiently large to suply demands at prevailing es, and the demand for old stock has decreased Dealers say tic the Florida stock Is Iy ®ood this season and ces are gradually declining. Deal- quoted choice stock at $12 and barrel, some falr quality s11 from moderate demand, ed heav dy have started the early crop. slight advance in butter been reported, and the articularly strong. The also continued firm, but hange in prices. elling old at stock is in eipts Tep Michigan and New with earby rowers thelr anting Another market aterial o Prices. prints, Today's Wholesale tub. 52a54; packed, 20a23 Fancy, selected, candled, 31; receipts, 30, Alive: Roosters, 1 chickens, 35238 keats. Yo 20. Dr hicken: fowls, 28; 25828 geese, ancy verag Poultry Fresh- roost- 43a50; capons, stock—Calves, 10al1; thin, 8a! e hogs, sive choice, 12; me- lambs, Spring, veal, 15a17; loins, 17 arket report on fruits les (compiled by the Mar- s Service Bureau of Agricul- iral Economics) says Apples — Supplies limited; ght, market steady; barrels, land, Virginia and West Virginia, iz inches up, Black Twigs, some scalded, 6.00a7.00; Pennsylvania, A2% nches up, Starks, 5.50; boxes, North- western, medium to large sizes, ex- tra fancy Winesaps, 3.75a4.00; mostly 4.00; Romes, mostl Yellow New- towns, 3.00a3.2 4.75a5.00; some ripe, 4.00a4.5 Cabbage—New stock; supplies mod- srate; demand limited, market weak- er; Flori 1i-bushel hampers, Pointed and Round types, 1.25a1.50; barrels, crates, Pointed, mostly 2.50; old stock, no sales reported. Celery—Supplies moderate; light, market steady; inch crates, 3-4 dozen, dogen, 3.00a3.25 Lettuce Higher Today. light; demand et slightly stronger; ifornia, Imperial Valley, crates, Iceberg type, four dozen, 4.75a5.00: five dozen, 4.50a4.75: few, 5.00; North Carolina, five-peck hampers, big Hoston (ype, 2.004275; mostly around 2,50 Potatoes—Old stock heavy; demand moderate. market steady; New York, 150-pound sacks, round ‘whites, United States, No. 1, 2.00a2.15; Michigan, 150-pound sacks, t Rurals, United States, No. 1, per sack. New stock: Sup- limited; demand limited, market slightly weaker; Florida, double-head barrel Spaulding Rose, United States, No. 1, mostly 11.00. Supplies liberal; market dull; Texas, , savoy, mostly 1.00; na, barrels, savoy, best, 2.25; some ordinary condition, wide range in_prices, 1.00a2.00 Tomatoes—Supplies limited; mand good for good stock, market eady; Fiorida, sixes, ripes and rning, wrapped. originals, fancy count 5.0026.00; choice count, 5.00a 6.00 demand Mary- Deliciou demand Florida, 10- 3.25a3.75; § pplies mar Supplies demand ght bushel bask Caro de- Carrots in Poor Demand. Onions—Supplies limited; demand light, market steady; New York, 100- lb sacks, Ye United State: 1. medium to large sizes, best, mostly 3.00: some fair quality, 2.50a2.75 Caulifiower—Supplies limited mand moderate, market stead fornia, cra best, mostly quality, 2.00a2.50. String Bean: de- Cali- 2.75; fair upplies limited; de- maand limited, market steady; Florida, 7s-bushel hampers, green, 6.00a7.0 some fair quality, low as 5.00; 4.00a5.00. Eggpl. and | wax, nt—Supplles moderate; mited, market dull; pepper crates, large size, small size, mostly 2.50. Peppers—Supplies light; demand moderate, market steady; Cuba crates fancy, 6.30a7.50. Squash—No supplies on market; + sales reported Strawberries—Supplies light; de- mand moderate, market steady; Flori- da. pony refrigerators, 35ab0 auart. Beets—Supplies moderate; demand moderate, market steady Texa: bushel baskets, 00a2.25; mostly 5. Carrots — Supplis limited; demand light, market dull; Texas, bushel bas- kets, 1.75. : de- Florida, 3.50a4.00; no 5 STOCK ISSUE SOLD. NEW YORK, March 18.—A new fasue of 56,570 shares qf capital stock the Virginia Joint Stock Land Bank, Charleston, W. Va., recently of- fered, has been uversubscribed. SUIT ON $4 BASIS. YORK, March 18.—The Na- tional Cloak and Suit Co. has de- clared a quarterly dividend of $1 on t ommon stock, payable April 15 to t NEW < of record April 10. This places stock on a $4 annual basis. No payments have been made on the common stock since 1920. Prior to the suspension of payments in that vear the dividend rate on the junior thares had been $1.25 quarterly. BUTTER HIGHER TODAY. CHICAGO, March 18.—Butter high- creamery extras, 49; standards, inl extra firsts, 4612a48; firsts, 40% 413; seconds, 34a36. sggs lower; recelpts, ts, 283%a29; ordinary 1,378 cases; fir firsts, 2715, “HOW TO INVEST YOUR MONEY” By Bayard Dominick President The Better Business Bureau of New York City. ] you were an engineer on a mod- railroad vou would make no at- tempt to pass safety signals set against you on the road ahead. To the experienced investor there are signals which, when known, are fully as significant In safeguarding his in- Vestment Big Returns.—It is easy to predict or to promise an abnormally high rate of dividends, or large market profits, to prospective Investors. Heavy risks usually accompany such lures. They are 100 often the chief talking points financial charlatans. Prominent N —Promoters know tha¢ the names and indorsements of successful men carry welght. They e often used without authorization. he prudent investor, however, will Jook beyond names and indorsements and investizate the merits of the jssue or the transaction involved. (Copyright, 1925.) ern South | No. | per | NEW YORK CURB MARKET Recelved by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN, NEW YORK, March 18.—The feeling in Wall Street that the recent heavy liquidation had materially strengthened the technical market position was re- fiected in a general rebound of prices as trading started on the curb market to- day. But the upward movement was short-lived, and as the session pro- gressed the price tendency turned ir- regular. Repurchasing made itself felt for a time in stocks of the type of Stand- ard of Indiana, Continental Oll, Ohlo Oil following the advance of 20 cents a barrel in Kevin Sunburst crude by this company, while Prairle Pipe NEW YORK, March 18.—Following is an official list of bonds and stoc ‘raded in un the New York Curb Market today: ales in thousands, 2 Allled P 6s... Allied Packers 8s. 3 Am Beet Sug 6s wi Am Gas & Elec 6s.. Am Pow & Lt 6s Am Rolling Milis 6% Anaconda 6x. BONDS High 81 w2 3 15 Atlantic Fruit 8« Bell Tel ot Deth Steel T Cities Service 78 1). 3 Cities Ser P & L 6% Con Gas Balt 815 B Cons Textiles 8. Cuba Co of N J 6% Cudaby Sigs.. ..., Deere & Co 7i4s. Detroit. City Gax Dunlop Tiry 8 1081 102% s ulf Oil Cor Lehigh Fow 6 Libby McN & I, 7 Manitoba 7 Morris & Co Tiys Nac Distil Pro is Nat Leather 8s New Orl Pu Ser % Nor States Tow 8158 Nor Sta I M 85 C Penn Pow & Lt s Phila_ Blec 55 '60. Phil Pet Tigs w war PiOt Ch&StL3 B Pub ¢ & E 5 Pure 0il (o 6 and Gas & El 8ias BON Y 6igs un Ol Sige wift & Co 5s Thyssen I & § 75 wi Tnion Oil Prod_ s Un Ry of Hav i%s U'S Rubber 6s S Rubber 6! & Kubber 6138 1 Vacoum Ol 7s..... Webster Mills %48 101 FOREIGN BONDS 4 City Bogota Ss 7 Est RR France 7a ¥i French National 7x.. Krupp Fr Ltd 78 wi. Kdupp Fr Ltd 7s wi 3 Rep of Peru 8 1 Russian Govt 5las.. Russlan Govt 6lgs emens-Hske 7s-285 0 8s 343 B 10244 t 5ls ... 101y 5 Toho EI Pow 205y STANDARD OIL IS8 m_0il 208 P L..... @3 100 Chesebrough Mfg 20 Cumberland P L. 10 Eureks P L. 100 Gl Sig Ol g 130 Humble O & R. 4000 Imp OIl of Can new 10 Ind P 8000 Internl Pet Co ltd 30 Magnolia Pet - t Transit orthern P 500 Obio Ol ... . nn Mex Fuel .. 00 Prairie Oll & G 960 Prairie P L 80 Solar Refin 160 South Pena Oil 16000 S 0 s4iy Dady Vi3 it 041y s 14 14 o 1025 i w013 201 83 53 Sales in units 1700 Anglo- 100 8 0 08 0 20 Swan & Finch 2000 Vacuum Oil Sales in INDEPEND! bundreds. 1 Am Maracaibo 3 Ark 10 Carib Synd 13 Cit Nerv Cit Serv new Cit Serv pd Clt Sery B Columbian Synd Continental Oil. Contl Oil rts wi Creole Synd ots Kirby Lago Pet .. Latin Amer Oil Margay Ol .... Mount. Prod i Bradford 0il New Mex Land Peer Ol Curp .. aok Ol Corp Bank OIl ... Royal Can 0 & Ref Ryan Con 5 Salt Ck Cona . it Ck Prod pulpa Retin Cnited _Central Venesuelan Wilcox: 01l & Woodley Pet. . s INDU! Gas & Electric Hawailan 8 8 Lt & Tract Fow & Lt new Pow & Lt ptd. Superpower A. Am_Superpower 1. Appalac Pow & Lt Apco Mfg Co A... Art Loom wi.. Art Loom pfd ‘wi Associated G & B Armour B ste Atiantic Frait Atlas Port C n vic Boissonnault G Co. Borden Co........ Botany Con Mills & Bkisn Bor Gas Co. Bkiyn City R R .. Bur Add Ma new 5 ight . 14 Centrif Pipe Cor 3 Chapin Sacks & Co. 1 Checker Cab Mfg Common Pow Cor mon Pow Cor pt Consol Gas Balt new Contl Bak A ..... Couti Bak B . Contl Bak pfd Conti Tob In Cuba Co ...... Qurtiss Aero Mot . Curtiss Ae Mot ptd De For Ra Co v t ¢ D L& W Coal Doehler Die Ca € Dubilier C & R ... Durant Mot Duplex C & Rad vte Dz Co A .oveeseen El Bd & Sh pfd. 8 EI Bd & Sh n cor Elec Investors Inc Eureka Vac Ford 2aenlifes 3 Am Am n e Bt B R Corp ... Outdoor ‘Ad’ A Outdr Ad vte > Hec opi Hazeltine Corp Heyden Chem ... Inter_Contl Rubber Intl Match Corp pt Inter-Ocesn Rad C Intern lities 1 Kelvinator 5 Keystone ther. Landover Hold € A Lehigh Lehigh Lehigh Liberty Ra Ch St Mesabi Iroh ..... fiddle West Util.. fid West Util p 1 fotor Prod Co n. Maore Drop Forg A Motion Plet Corp.. Music Master Corp Nat Dist Prod vte Nut Leather % Nat_Pow & Lt... N Y Tel Co pf.. Nickel Plate n wi Nickel Il n pf wi Nor Stat Power Cor Nor St P Cor wits Omnibus Cor vtc.. Paige Fathe Penn Wat Pow Power Corp of N Y Pratt & Lambert O Prophylactie Brush 3 Ice Cream.. 6 Reo Mot Rem Noiseless T Seagrave Corp.. .. 3 Sil Gel Prod n vie Shattuek F G.... 60 %o O & 1 new! 1 Southewst P & Lt 1 8pemr oo & THE EVENING Line retraced more of the sharp de- cline of the preceding day. Stocks which displayed the greatest amount of strength were the better- grade public utilitles, which are thought to be in a most favorable position. Included among these were Electric Bond and Share new, Amer- jcan Power and Light new, Middle West Utllitles and Commonwealth Power, all up a half point to more than two points. Radio stocks, which have been under persistent pressure, shared in the im- provement, but the buying represent- ed, for the most part, covering of short contracts. 3 Standard Pub Co A Switt Intl Switt & Co.. Tenn Elec Power. 64 n El Pow 24 pt 15 Thermlodyne Had C 1% Thomp Ka C v t cf 874 Tobac Prod Exports 3% Tower Mfg ) Union Carbide 6% United Lt & Pow A 47i4 United Prc Shar sy U'S' Lt & Heat. U S Lt & Heat Warne: Tirow Pic W o Mi Sp new. Wh Ro M S new vie Wickw Sp 8t Co wi MINING arado Min ... Commander . 3% 12 281, iy 110 o4 [ Al A Fiz Globe Cop ... Bluck Hawk Cons Calumet & Jerome. ario_Copper hino Ext Mines Cons Cop Mines Cons New Ttah Cresson Gold ... Gold M Ltd iad rence Goldfield Goldtield Deep Mns GoldZone 2 Harmill Div Hollinger Hecln Mine Howe Sound 0 vie Independent Lead . b Cons Kay Copper Corp Lone Star National Tio New Cornelia New Jersey Zinc Nipissing 815 Onlo Cop D& Plymouth Lead Mns .50 £ Gold Min E Gold & P 8 Teck Hughes. Tonopah Disid Tonopahi Extens D Mining Verde Exi o 38 21y 147 18 a2 10 s 0t o0 208 19078 Copper a1 | nd Con Wettlaufer Lor o7 sil * = y Y | § \ § i the worl *339 Salesroom A. M. Lindsay, Alexa Bates Brothers, Oran Dent’s Garage, Great Robert V. Norris, La STAR, 3 * | north . linvolve pre-cooling plants at strategic are ripe bicycle. 1100 Conn. Ave. N.W. Ashby Motor Company, Quantico, Va. WASHINGTON, D, (., WEDNESDAY, MARCH 18, TWO BIG FACTORS IN FLORIDA BOOM AQVertising Brings People, and Citrus Exchange Boosts Fruit Sales. BY J. C. ROYL Special Dispatch to The Star TAMPA, Fla., March 18—Florida now s reaping the benefit of four| years of splendid newspaper adv tising and of effective operation the Citrus Exchange. The adverti ing has brought visitors and investo; In hundreds of thousands, while the operation of the exchange has made possible the more profitable market- ing of Florida's great crop. The advertising has been done largely by cities, counties and com munities, which have raised the nec- essary funds through taxation, direct or indirect, or through individual con- tributions. When Winter visitors commenced to arrive in numbers, they saw the commercial, industrial and | agricultural opportunities presented and started to invest. This stimu- lated both the imagination and activi- ties of the all-year-round inhabltants, and they, too, put their money into the land and its resources. The pres- ent tremendous real estate boom been the result Citrus Crop Enormous. of | | It is expected that the citrus fruit| crop, up to the end of the shipping | season, July 1, will range between 19,000,000 and 32,000,000 cases. Peter 0. Knight, banker, capitalist, mer- chant and fruit grower, estimated to- | day that the crop will sell at an| average of between $4.50 and $5 a case. Certain it that it will be| more profitably and adequately mar- | keted than for many years, since | approximately per cent of the growers are disposing of their prod ucts under direction of the Citrus Exchange with headquarters here. | Markets have broadened for citrus | is |duced in quantity. fruits as never before. Arrangements have been completed to export large | quantities to England and other | European countries.. This will MRV RRARRRRN @ FINANCIAL. » o8 ° Florida shipping points and aid the marketing of frult in good condition in this country. English imports have- increased fully 100 per cent In the last year. VERYMAN’S INVESTMENTS Grape fruit Drive On. e Little difficulty anticipated BY GEORGE T. HUGHES. handling the increase in orange pro- | | F. Miller of | ONE WAY TO SAVE. the West Indies The| A young friend of mine ha orange is an all-the-vear-round fruit,| quite a success in real estate but strong efforts are belng made te| comparatively nmall capltal he ncrease grapefruit consumption. The | ouses, ch shipping season for Valencia oranges|PUIlt & number of houses, which 1s just ring and some fruit is|has substantial bringing $5 a box on the trees e It is estimated that for every old; tree in bearing there are at least two | and one-half’ trees which will begin | to produce frult in the next five years. | PATt With the slackening of production of [probably had arranged to have these | 0ld groves and the exigencles of |second mortgages paid oft in install- | weather and insect pests taken into|ments, which generally is the custom. | consideration, Mr. Miller places the| “No” he explained, “I don't like | citrus crop of 1930 at 30,000,000 cases. | these installment ments. When | urther development of markets |the money comes in you can't help| therefore will be necessary and steps |regarding it as income, although, already are being taken to this end. | matter of fact, most of it is prin- | {cipal. At least ‘my wife regards it las income, and the temptation to| Preparations are under way for|Sbend it Is too great. If the mort- plants to extract essential oils which | B¢ Is pald off in a Jump sum, that some experts regard as greater | 1dea doesn't to her source of revenue than the fruit it-| Of course, [ couldn't self, and for making fruit juices. |[COMment on his wife's lack of Orange drinks now being pro scomen. . E metely thow A combination of |MYself that this young ey rapefrult juices | i€ uD & 1ot of trouble alar, and ex- | Woman if anything i bottling | to him and she came &1 of nis property not | tinction between | come. | 1 could not help b with that of anoth who has & modest {sound securities, | which his wife re | the savings bank ple on | terest ana | curities the ¢ asrae the first of first of July, the | cumulatea fn * the | withdrawn and the buy additiona stocks or It ital 1s in duction, according to W made | On has Corporation he sold at profit he he in| Py a Iking the matter over with me, plained a nat ach instanc take a second payment. 1| that to mortgage Juices More Popular. very well finan- to lay- young ned sion dis- in- for that ever hs into posse the and orange, lime and bids fair to become periments are being m: grapefruit juice alone Powdercd lemon juice addition of water perfected and the terests lar knowing needing only pncinal already has been Stewart Merrill in- are experimenting on a simi- | process for preserving orange juice. There are at least 12 citrus fruit by-products. One plant at Abraham Park is turning out 100,000 pounds of candied peel annually. M and Jellies also are becoming ingly profitable Marketing Methods Vital. The real future of the industry ccording to Mr. Knight and Mr. Mil depends on further improvement f 'systematic marketing, which the say bound to The former advocates the altainment of this re sult through a gigantic marketing and distributing corporation which would distribute the crop in a sir ilar manner in the way banana ir ports are handled by the 1 d Fruit Co. Mr. Miller that all the Florida grower had to do is learn to wait, to avold throwing produ best part of the second on a flooded market and to ship only | man's wife takes as m when conditions as well as the fruit |he does In their saving contrast this g m invested from its 1 case incom cou their in fro Twice January and sun ch has idends se bank is amount used to producing is come is rapidly « this not will imulates | Perhaps some peopie | that the savings | aividend checks and interest c just the same The objection to adding a little then, but e without that plan is worth Imitating. And accept upons is no cash now states {and ven the the his ts it is Yo Copyright, 192 PenmeysHead. New CTEE) (RDERS ARE Hoard Craiemn 1| NG P WELL .NEW YORK proaching refirement Rea, president of the Pennss Railroad, under the age li vision established by the company for all emp and execut is ted in the f ial district to his appointment as ard of directors, now a m men believe March 18 The ap- amuel | varia it pro- Iron Age Summary Shows Good Business Assured for Month of April. which he Many railroad step will be taken order make the best use of retiring executive’s abilities. By the Associated Press in the YORK there NEW March 18.—“So far in | | March i letdown the Age m has steel been no materfal in got February “Shipments likewise high levels. s, 80 far as are not that production | has quarter to a | third greater ent consump- tion nat no great volume of fresh is looked for in April 1 st contracts nd expectation sotas will be taker t sokings well into This is not counting dorman t waiting the starting of enterprises No change has occurred this year the Iron Age pig iron composite price which remains at $22.13 per gross ton Finished opped to cents per ¢ om 2.546 cents production | trom rata, COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY | |} Iron says ained at recent ilations at n to m esible Estl mates are TULSA, Okla., March 18.—Twenty- e wells started in field le four new of were %0 t the Kansas last wee ireen ing wood Count County ds with eig owle is second with LANCASTER, Pa., March 18, 1924 filler has been sold in the past week in this market than at any time in history. Approximately 160,000 ds were bought for shipment ce NS, March 18.— Association barometer shows orders received sed 12.2 per cent, shipments de ed 1.5 per cent, and productlon increased 0.6 per KANSAS CITY proach of Spring mand tivators dealers n equ freely gene April s yet pou to F ORL Pine week teel >und er week March 18.—The ap ha sstimulated de NET INCOME DECLINES NEW YORK, March 18—1 Mor $2,91 idends, »n_stock a share listers, c 68 ncome ng and stalk antcilpate planting owing cutters. d 548 an exce t dec $4.48 agains the year and harves d the corn n acreage FORT WORTH, Mar vegetables reached 1 peak ment the past week. loadings 818 cars, includin of spi 2 48 of car. e EARNINGS REPORT OUT. xed NEW YORK, March 18.—Net uce and 3 o onions. | r cased 1t $212,417 equa Motor Coach Co. ied errec A preferrec fifty million passengers in wh unpaid dividends ted to be materially with $19%,38 a share on vear 0. fo are and t Cr cago ca e shares ted $8.19 figure is expe creased this EVER THE FINEST ESSEX BUILT You Cannot Get Equal Style, Performance and Reliability Within Hundreds of Dollars of Its Price Essex is a totally different type. Its advantages are exclusive because patented. It gives results never before attained in any car Low price, without disappointment in looks or reliability. Economy w’thout sacrifice of performance. Stability and highest roadability without unnecessary weight. The' ridin; ease of large, costly cars. The handling ‘ease of a tter simplicity in design. Thelowest maintenance cost, we believe, of any car in the world. A Car You Will Be Proud to Own These qualities make it the most wanted and 1a.riist selling car of its class in It is the finest Essex ever built. It is the smoothest, most reliable Essex ever built. It is the best looking, most com- Distributor Franklin 7700 mdria, Va, ge, Va. Mills, Md. Plata, Md. Auto Sup, Walker Automobile Corp’n, Charl Lee Highway Motor Co, Baker & Coshy, Co Culpeper Sales & Service Co., Culpeper, Vi fortably riding Essex ever built. And the price, because of volume, is the lowest at which Essex ever sold. Surely you cannot be satisfied with less than Essex offers when its cost is but little more than cars of the lowest price.: Service Station 633 Mass. Ave. N.W. . DEALERS tesville, Va. Hargrave & Lewis, West Point, Va. Warrenton, Va. Saluda, Va. Ward Rrothers, mbia, Va. ri Salesroom 1y Company Laurel, Md. Uniyersity Motors Cowpany, 1823 14th Street North 7522 Winchester-Hudson Cempany, Winchester, Va. tx Motor Company, Frederickshurg, V Hyattsville, None Can Copy Its Chief Values The Chassis Is Patented Justasthe Coach, invented by Hudson- Essex, changed practicaily all buying to closed cars, so the patented Super-Six principle and other exclusive advan- tages, forecast the mechanical desigg which all must seek to rival. But the extensive copying of the Coach type and the Coach name, even by costliest cars, cannot be carried to the Essex chassis. That is patented and no other maker can use it. It is respon- sible for the smooth vibrationless per- formance and lon% lasting reliability for which Essex is famous everywhere. Hudson and Essex are of one quality. For those who desire, special arrangements have been made whereby an Essex Coach may be $ purchased for a Fll:st Payment of #339. The remaining payments conveniently amn{ged 339 Lambert-Hudson Motors Co. ASSOCIATE DEALER Neumeyer Motor Company Service Station 211 B StreetN.W. Frank. 7690 arle K. Trone, Clarendon, Va. Rrosius Drothers & Gormley, Rockville, Md. Royal Sales Company, Front Royal, Va. Hynson & Bradford, Manassas, Va. New Market Motor Co., Inc., New Market, V 1008-A Ma.