Evening Star Newspaper, March 27, 1925, Page 27

RAIN AND WEEVIL ' BIG GROP FAGTORS Size of Next Cotton Yield to Be Largely Settled in Near Future. BY J. C. ROYLE. ®pecial Dispateh to The Star. NEW ORLEANS, March to have a decided influence on weeks, whether the latter shirts, shirtwaists or rompers. 1ty. The prospects for the production of Southeastern States cotton in the have been excellent so far. raised in Texas and western States seldom have been so bad. 27.—Rain and the pink boll weevil are Boing the lives of every American in the next wears For those two factors will determine the extent of the next cotton crop and the price of every product manufac- tured from the great basic commod- But over 40 per cent of the American crop Is Okla- homa and drought conditions in those n the last five months the accumulated “HOW TO INVEST YOUR MONEY” By Bayard Dominick, Prosident the Bettgr Businew Burseu of New York City. The “‘Unselfish” Promoter.—The pro- moter who-"gives™ his services in or- ganiging a company or as an officer of it and advertises that he does so will bear ‘watching. Alleged virtue is often paradéd to merely banish skepticism and head off full investi- gation The Fiscal Agent.—Securities offered by a special fistal ggency, employing high-pressure salesmen at large com- missions, are distr{buted to the public at & much heaviér expense than when sold through established organiza- tlons engaged continuously in pur- chasing large quantities of securities and marketing many different issues to old as well as to new customers This of itself may not be against the offering, but a free lance too often has little concern for the future su cess of the company which he he to finance, and he is often careless about the representations made to further the sale of stock. He his commission on the stock sold; his future is not tied up with the success of the company and the payment of dividends. Bty x He who undervalues himself gets | THE EVEN B. & 0. PROFITS WELL AHEAD OF LAST YEAR Road Gains $300,000 in Spite of Heavy Drop in Gross Receipts. Special Disphteh to Tha Star, BALTIMORE, March 27.—The Balti- more and Ohio Railroad has made $300,000 more profit so far this year than last, despite a drop of $1,800,000 in its gross receipts. Net income for January and Febru- ary was $3,808,000, against $3,495,000 the same two months of last year. Gross receipts dropped from $3,947,000 to $3,187,000. In February, 1925, the road reported a gross of $17,109,000, against $18,- 497,000 last year in February, and a net profit of $1,800,000 against $2,021,- 000 for February, 1924. S A TWO DIVIDENDS VOTED. NEW YORK, March 27.—Directors of the Nipissing Mines Co. yesterday declared only tha regular quartérly dlvidend of 3 per cent, pavable April 20 to stock of record March 31. An extia dividend of 8 per cent had been pald last January and in two quar- NG STAR, WASHINGT TEXAS TO SELL 380,000 ACRES OF PUBLIC LAND ipecial Dispateh to The Btar. E roR'rmwoR‘rH. March 27.— The State of Texas wili place 390,000 acres of public lands on the market May 1. The land will be sold in small tracts, on long-time payments, to the highest bidders, Residence will not re- quired. DAIRY PRODUCTS. BALTIMORE, March 27 (Special).— Live poultry—Young chickens, pound, 25a35; leghorns, 26a30; Winter chick- 40a46; old hens, 24a28; leghorns, 24; old oosters, 17; capons, 35ad2; young turkeys, 0a45; old, 35; poof and crooked breasts, 26; ducks, 25a35; geeke, 22a28; pigeons, DAIr, 45ab0; guinea fowl, each, 45a1.00. Dressed Boultry—Turkeys, pound, 36ad5; poor and crooked breasts, 25; chickens, 28a old_roosters, 17; ducks, geese, 20a25; capons, 33a45. Ergs—Recelpts, 1,620 cases; native and nearby firsts, doszen, ; duck eggs, dozen, 48a60; Boose egE! dozen, 85a1.00. 3 Butter—Good to faicy, pound, 4B 50; prints, 50ab2; ladles, 29a30; sto packed, 28a24; dairy prints, 23a2 rolls, 23a28; process butter, 3lal2. i i e Among the Greeks it was cust ary to present salt to the gods as a thank offering at the beginning ot ON, D. Coal Prices Cut 25 to 75 Cents A Ton in Boston #pecial Dispateh to The Btar. BOSTON, March 27.—Leading coal dealers have marked prices down 25 to 75 cents a ton, the Spting reduction coming earlier than usual, owing to mild weather. Egg is quoteG at $16.25 and stove at $15.75. Tomorrow th FRIDAY, MARCH 27, 1925. TWO WESTERN ROADS CARRY MORE FREIGHT Special Dispatch to The Star. CHICAGO, March 27.—Fréight ship- ments on the lllinols Central Rallroad the first thres weeks of March totaled 122,876 cars, an increase of 2,554, or 2.1 per cent, as compared with the pe- riod last year. The Rock Island lines showed an increase of 2.6 per cent. The Chicag~ Burlington and Quiney showed a1 1t decline. e originated in Egypt. STEEL BUYERS ADOPT PRECAUTIONARY POLICY By the Associated Press. NEW YORK, March 27.—Operations in the steel Industry varying from 85 to 90 per cent of capacity, with only small gains in unfilled orders, Is at- tribut in thé trade to a change In policy by consumeérs, who are not or- dering far ahead, but are keeping “li- quid.” Recollectfon of the collapse in Jfvéentories five yéars ago was said to be resporsible for the present pre- cautionary methods. fnBuinaRaibg WESTERN MARYLAND’S EARNINGS FALL OFF Specidl Dispatch to The Star, BALTIMORE, March Ing revenues of the Western Mary- lahd Rallway Co. amounted to $1,501 510.20 during February, a decrease of $144,605, as compared with February. 1924. Through cuts amo $151,046 in operating expe ever, the company was able an operating incom gain of $36,510; a ne 985, or $1,764 highe: ary, 1924 —Operat. to show ’f $382,662, a e Last Day of Taubman’s Great rainfall there has been less than 5| justly undervalued by othefs ters of 1924. every meal inches. In 5OME WeBtern COMNEIES | =ittt less than 50 per cent of the cotton acreage has been planted and a still amaller proportion is up on account of dry weather. There is little ac- oumulated moisture in the subsoil. Corn and Oats Affected. Tf this great Western territory gets rain in the next 10 or 12 days some of these conditions may be bettered, but there should be an accumulation of molsture in the section around 30 dnches. If this deficlency is supplied 100 fast, damage also will result This is also affecting the stand of corn and oats in central Texas. Neither crop Is doing well and if drought continues much acreage will be planted to cotton Bankers in Texas say the bank oredit hazard for agricultural pur- poses s greater than ever before be- cause of drought. Some farmers already are abandoning their flelds and coming into the cities seeking employment. In the Rlo Grande Valley, where cotton is raised under irrigation, there has been a shortage of water in the river for such pur- poses. Far Less Fertiliser Used. Tt is thoroughly obvious that far less fertilizer will be used in the cofton belt than last vear. Official figures by State agricultural boards of eight of the ten chief cotton- growing States show that only about 1,017,300 tons of fertilizer has been used between the beginning of the arop year. August 1, and this month. This ‘is 400,000 tond less than last season In January in many of the States the use was 45 per cent below that of 1924, and February records were sim- flar. The weevil propagation is de- pendent largely on the weather, but is expected, according to govern- menta} authorities, to be up to “nor- mal,” in sharp distinction to 1924, when damage from this insect pest was comparatively light. Next Crop Still Uncertain. These facts do not yet indicate that thers will be a short crop of cotton and correspondingly high prices. The season gtill is too little advanced for that. But close inves- tigation of banking and agricultural conditions indicate that both mill owners and the public in general might as well rid their minds at once of any idea that the South can or will produce or continue to. produce cotton which will sell for less than 25 cents a'pound. Planters Like Big Trop. The planters of the South would rather rafse a 14,000,000-bale crop at a price somewhat less than 25 cents a pound than to raise a short crop at prices which fluctuate above 30 cents & pound. But unless cotton will sell at 25 cents farmers will not be suffi- clently encouraged to plant an acre- age which will meet the needs of the United States and the world. With a heavy crop, they may possibly make a profit at to 24 cents, but the cotton experts are agreed that a re- duction beyond these limits would immediately be followed by a check to production. BUS LINES GRANTED MARYLAND PERMITS New Service Between Washington and Baltimore to Be Instituted. We figured that the best way we could get Wash- ingtonians to remember the record-breaking expansi of our store for a long time, was to offer everything we had at pri hitherto unheard of in this city. We were right. Never before have we waited en 30 many cus- tomers as we did last Saturday, the first day of this truly sensatioral sale, and we're confident that not even the greatest Washington Automobile Show has created such favorable comment among local car ownmers and A. C. Spark Plug Imported Bosch For Any Make Horns, $10.95 Car, 39c o e T s e, o . Limited to 4 plugs te a customer. motorists as has this great sale. But all good things must come to end. The values that we are present- ing in this Expansion Sale are really too great for us te continue any longer. So tomerrow is the la.t day of this record-breaking Expansion Sale. Tomorrow night, shop, your most wonderful chance of t auto supplies at the most amazingly low prices, is gon Tomorrow is the last day—and for your convenience we'll be open as early as 8 A. M. and as late as 11:30 P. M. Tilt-Lock Wheel $9.95 Fits Ford and Chevrolet _cars aiso. This tilting wheol can be locked while in ny tion. 8t rame and spider with the stardiest lock made. A value that can be had omly in sale as ¢ Installation fre Pyralin Visors Newest Easter $2.89 Styles on the. Easiest Credit Terms the sound Dlug rered A wonderful pretection against sum, wind and rain. Made of génuine Dupont Pyra- lin. Can bs attached to any make car. Installation free. - 17-inch Steering 8 Wheel for Fords : $1.95 Front or Rear Bumpers, $5.95 oot frame with rein- Double bar, for Fords. Of streng. forced alumin 3 er, uvo—-“' spring steel that will withstand the inches wide. stallation our ~ own Dept. Carigas Spare Ash Trays Start your account NOW and dress better for less money. Come to the store where your credit is good. There is no extra charge for credit here. price for even TAUBMAN'S to offer, our Service Departmemt will caarge you nething to attach these bumpers Gabriel Snubbers rour cor. :$8.95, Set of Four Boyce-ite, 39¢c Box of 3 cams. Limited to on: box to a customer. Seat At Great Reductions Distinctive, _durable _seat covers such as these, great- iy enbance ‘the beauty of SPECIAL SALE! Women’s and Misses’ 1 You'll the lovely styles and materials. Select the dress you like best and CHARGE IT! Headlight for Fords $3.95 Pr. For Ford Roadster Models ............ For Ford Coupe Models .. For Ford Sedan Models .. For Chevrolet Superior Sedan. For Chevrolet Superior Coupé. 98 On the Easiest Grease and Oil Gun, 69c Cowl Lights Mobileil Beautiful [ 76¢c Gal. S Lbs. Auto Soap, 79¢ admire Expansion Sale Prices! BATTERIES i R 51195 N i e 81495 29¢ $1.95 Exceptional Values! Women’s and COATS MEN’S SUITS | TOPCOATS $90.50 Pay $2 Down MEN! Dress up! Remem- ber, you can get your New Spring Clothes on the EASI- | EST CREDIT TERMS. { | { = f neg, Thewe take £ " without Hred. Neat ‘ 9 Radio B Batteries $1.89 The large site, with fall 45 volts. These batteries will Isst for an exceptionally time. A fortunate purchase enables us to offer them at this amasingly low price. 6-8 V¥ tory .eennen Battery, becomi . componition cover. with genuine kmpec. 17-Socket Wrench Epecial Dispatch to The Star. BALTIMORE, March 27—The Pub- ltc Service Ccmmission yesterday granted permits for two interstate bus lines, while the possibility of bi- State regulation of such lines was discussed. Permits granted were those of Michael Hurwitz, to operate between Baltimore and Washington, and C. H. Springer, between Baltimore and Get- tysburg, Pa. Both lines are expected to be runing in & few weeks. Hur- witz asked permits for five busse The application of R. ) 3r., for a “de luxe” line b timore and Washington and Balti- more and York, Pa., was postponed at Jennings' request. He said he want- | ed to investigate further. | . COAL SHIPMENTS DRAG. Cut in Non-Union Mine Output Hurts Railroads. Special Dispatch to The Star. | BALTIMORE, March 27.—Curtail- gment of production of coal in the non- union mines of the South has greatly reduced the gross revenue of both the Baltimors and Ohlo and the Western | Maryland. If the union wage scale entered into last April is maintained for three | years, according to the so-called| Jacksonville agreement of the pro- ducers and the miners’ union, this faotor will necessarily continue to de. press the gross returns of these roads. Some of the loss of coal movement, 80 far as the Baltimore and Ohio is concerned, has been made up for by the activity of the steel industry and g00d movement of general merchan- dise. Hot Shot 6 Velts Top Dressing 59c One coat of this wonderfal top dressing transforms any old model inte an apparently mew car. Shine ap the oid bus for Spring! This pint can of top dressing will do it fter you. Side Curtains Motor Robes $2.95 Our entire steck of 0t tinker About his . The dlesired out! Dar- ing this sale, while * Best quality side curtalns for Chevrolets. . Radiators for Fords, $10.95 One-Man Top For Fords Strongly made of the finest ma- terials, the tops are Complets awe with bows, back curtain, and all the necessary fastemers, straps, A really sensational value e ST Extra salespeople to serve you. Mail and phone orders will be given prompt attention. Delivery of any article listed here, will be made free of charge on Monday. Battery Testers 49c m An accarate, reliable iastrament $6 test any Dattery. This 18 2" thie Tow Ynetalled free Fegulsr §1 valte. Special dortag B e o Tervice ettt our great Expanston Sale. GENUINE Schrader Valve Insides, 9¢c Wieh urchase made at our stere FREE! lomnr':u:,',c’m .....7 can .I-ILASM. the great dirt and grit remover. Yale Spark Plug Our New Whistle, $1.95 SERVICE DEPT. —a boon to all Washington Distance Demonstration! Spotlight 1 - Sure-Fire Spark Plug Amplifiers Every car deserves = #et of these vacuum tube spark plug amplifiers. Once installed, Sure-Fire Amplifiers assure you of faster starting, easler plok- #p, and the greatest ameunt of power and mile- age from your car. Be were to see the demonstra- tion in our stors, i} ' 5y e Lot WOOLWORTH SALES GAIN. NEW YORK, March 27.—Sales of the F. W. Woolworth Co. show sub- stantial gains over 1924, according to . T. Parson, president, although the deoline in securities and wheat prices the last two weeks has had a psy- chological effect, he asserted, on the retail business in the New York and New England districts. “Some of our Western districts show gains as high as 20 per cent over 1924, he said. “YWere it not for this temporary ef- fact in the East March would have shown an increase of about 1¥ per cent instead of 11 per cent.” SEATS coufim DOWN. NEW YORR, March 27.—A seat on the New York Stock Hxchange was =old today for $4,000 under the pre- vious transactions, when Stuart C. Fdmonds bought the membersnip of ‘Alfred Mestre for $104,000. il s 2, I Foaan ) P VvV (e (s (e (coremen)) (e