Evening Star Newspaper, April 23, 1925, Page 27

PLANS ARE RUSHED FOR NEW BUILDING Millions in New. Construction All Over Country—But Few Labor Trqubles. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, April 23.—Building construction in the cities outside New York continues to hold up remarkably. ‘This is especially noticeable in the South and Central West. outside the cities has undoubtedly shown a marked increase compared with 1 yvear. There I8 no indica- tion that the volume of building and road work for the year will slump. This tendency is borne out by the fact that contracts for construction let frc January 1 to the middle of Ap! i he United States totaled ap- proximately $624,554,000, or $18,968,000 yv re. than -Tor e carresponding riod of 1924, Worle Being Rushed. - Actpal construétion work Js pro- gressing at extraordinary speed. This, is evidenced by thé shipments of ce- ment for the firgt quarter. .Cement ©‘of the Mot avcurate barometers of the building trades, since cement is normally used very shortly after it of this material is and poured within two weeks of receipt by consignees. Shipments for the first quarter totaled 21,456,000 bar- rels or slightly more than for - the corresponding period last year.. Tt i8"true that at this period of the vear” dealers-are stocking up. on ce- ment for the- garly season. trade and contradtors for road work are putting stocks into stor But even so, it\is the opinion of experts that not more than three weeks normally elapses from the time cement leaves the mill until it is used. Farmers Heavy Buyers. The importance of the activity in | farm work can be estimated from the fact that 20.8 of the coment consumed zoes for miscellaneous farm purposes. Tublic and commerclal bullding con: per cent and paving and | hways 24 per cent s the 1st of May approaches, there | do not appear to be many wage ad- | nts in prospect in the building | Most crafts seem wiliing to| sew the 1924 scales, although there may be some slight revisions upward in the larger clties. Workers in many Tocalities already have contracts with employers extend: ing until April 30, 1926. In 31 cities reporting, only two have wage ‘dis: putes pending. A truce has been de. clared in the factional Rispute betwaen the: plasterers and- bricKlayers - hot® In Chicago marble setters; ofnamental iron workers, carpenters and holsting engincers have been granted: afi: in- cents an hgur. The Iy of labor generally appears suf- ficient A close. Bonus Systent Gone. The efficlency. nf’ ‘Workers Jri.ghe building trades 16w 1is.at a_higher point than at any time since the witr. The bonus system, so universally in effeet a year ago, has disappeared and the slightly larger labor supply has énabled contractors to pick their | men and this has raised the efficiency of individual workers. There is every probability that the country's building program for this year will entail expenditure of at least $5,000,000,000. The effect of this activity is bound to be great on the prosperity of the country as a whole. urance of building activity in the months ahead wlill tend to counter- balance to no small degree the forces for reaction operating in other parts of the business structure. C. &0.T0 PURCHASE SHELBY COAL LINE Road Will Connect With Big Sandy Division in East- ern Kentucky. i Va., April 23—/ . Wall, vice president of the Chesapeake and Ohio Railway, an. nounces that the road would exercise an option to purchase the Shelby Val- ley and Elkhorn Railroad. The con- sideration was not made public. Mr. Wall said the Chesapeake and Ohio would consolidate the Shelby Valtey line with the Big Sandy division in the coalfields of Eastern Kentucky. The Shelby Valley road is owned-by the Consolidated Coal Company and extends from Shelby, where it joins with the Big Sandy division of ihe Chesapeake and Ohio, to Jenkins. one of the principal centers of coal * operations in eastern Ken- road is 41 miles long. FIRMS PAY HEAVIER FIRE LOSSES IN YEAR Reports Show 252 Companies Put Out $17,000,000 More in 1924 Than in 1923. By the Associated Press. ’ NEW YORK, April 23.—Fire insur- ance companies in the United States paid premium holders more on losses during 1924 than in any ;previcls vear, it is shown in a tabllatign.oub- lished by the Spectator, an insutance journal, covering 252 firs insurance stoek companies licensed in New York State, which transact 97: per cent of the business done by steh companies in the country. These compatiies.paid losses totaling $470,000,008 Jast yeary't: nearly $17,000,09¢ . more than. in 1928, Net premiums written by these com: panies last year totaled -$830,000,600— | nearly $17,000,000 less than in 1923, SPRING HAFiDWARE SALES HOLD UP WELL Spaidal Dispatch to The Star. NEW YORK, April 23—In fts weekly market summary Hardware "Rr‘rlnl_ me hnndls(‘ continues to be very active in all hardware mar- kets. Staple items are also selling in good quantities in practically all sections except the Pittsburgh area. “Prices generally are very firm. Some advances are being made on builders’ hardware, for which there is a fairly good demand. Building appears to be increasing in volume. “The average retail stock s not very heavy at the present time, ac- cording to reports received. Pick- up business is fairly brisk. Collec- tions are fair.” The work 4048 {e. | city, COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY ATLANTA, April 23 —Final details of the purchase of the Davison, Paxon, Stokes Co. of Atlanta by R. A. Macy & Co. of New York were completed here this week. The transactions in- clude o contract far the erection of & 07 000,000 store and theater building. DETROIT, April 33.—Night work has been'n effect at the Hupp factory since March and the Saturday haif holiday has been eliminated. Before the company will have turned 4\0 eight-cylinder cars Demand for both eights and fours is active, and- Aeulers’ stocks are lower than ever before. PHILADELPHIA, April 23.—The -International Freighting Corporation been ngtified by Argentine pack- that. Argentine canned beef will bé Shipped here in large quantities for distribution as far west as Wisconsin. About 3,500 cases are expectéd this week. KANSAS CITY, April 23.—Imple- ment houses report trade holding up well in this territory, with an especial demand for~€orn tool { CLEVELAND, Aptil 23.--Coal’ ivo. ducers /0f \western P-nn!ylmnlu. and Ohfo fear they will be compelled to "Phey say they cannot pay the anion. wage of $6.50 a day and com: pete with coal mined at & )n wage. SOFT COAL OUTPUT AHEAD OF YEAR AGD New England Again Heaviest Buyer—Hard Coal De- mand Steady. Special Dispateh to The Star. NEW YORK, April 23—Coal- Age reports the marRet today as follows: Bituminous operators, whox look for nothing in the way of business the first month of the new ¢oal season, will not be disappointed. Screenings take the lead for strength in nearly every fleld. Part of this strength is due to the seasonal dullness which has spread over the domestic market and cut down production. But part must be credited to a basically healthy underlying indystrial demand for coal. Discounting to the limit the profes- sional optimistic reports on general business, the fact remains that there i real ground for solid confidence. Production Exceeds Last Year, In spite of the steady downward trénd in production, the bituminous coal output for the week ended April 11 1% estimated at 7,890,000 net toms, PHONE WAR FOLLOWS FIGHT OVER RATES | Effort to Oust Bell System -of Bal- timore Includes Rap at Parent Company. $pecial Dispateh-to The- Star, s BALTIMORE, April 23.—Reopening of the battle to oust the American Telephone and Telegraph Co. of Bal timore from_its charter right to do business In Maryland is seen in the request of Willlam C. Devecmor, at- torney for the city of Cumberland, that Clarence W.-Miles, peopte’s coun- | sel, before the Public Service Commis- tlnn join him in appealing to Gov. Ritchie. After a conference between the two men it was announced that Devec mon’s immediate plan was to-appeal to Ritchie to exercise his authority under the law to move for annulment. statute requires that only the & chief executive can take such action. He would call on the Attorney Gen- eral to sue. Agitation for annulment of the char- ter gairied headway during the recent telebhone company battle to increase phone rates. Agttation for. withdrawal of fran ©hi%e rights followed charges that the Baltimore” company” had ceded all its equipment t6-the Ameérican Telephone and Telegraph Co. of New Yark, and that the parent company iwas dictat- ing the raise in rates. NOTED FLOUR MILLS SOON TO BE LEASED Maryland Firm's Finances Will Ie' Revamped by Bankers in Baltimore. Special Dispateh ‘1o .The Star. Mg BALTIMORE, April 23.—Banking ;| met tons, { character as compared with 7,540.000 tons the preceding week. More . significant, however; is the fact that.the output was 907,000 tons ahead of the cor- responding week in 1924.. The im- provement was in the non-union felds. West Virginia and, to a lesser extent, Kentucky are speeding up to meet lake demands. Hampton “Roads dumpings for the week ended April 16 totaled 369,746 as compared with 372374 tons the week preceding. New Eng Iand -is_still-the heaviest purchaser. Spot’ prices are depressed. Coal Age index of spot prices on bi: tuminous coal for April 20 stood at 161, the same figure as the preceding week. There was no change in the average price, which was $1.95. Anthracite Demand Steady. Anthracite demand in the New Eng- lahd and Middle Atlantic States, al- though far from feverish, Is of a to inspire the major pro: ducers with a feeling that the new coal year will move along nurmal lines. There is a general disposition ameng consumers to withhold orders for Winter ulo(-klnx TIN PLATE UNCHANGED. NEW YORK, April 23.—The Amier- ican Sheet and Tin Plate Co. has opened hooks on tin plate for third- quarter delivery at unchanged prices .| will not be affected by the proposed “HOW TO INVEST YOUR MONEY” By Bayard Dominick, President the Better Business Bureau of New York @ity. Oil Risks. To almost every one has come op- portunities to speculate in oil through the purchase of corporaté shares. leases or participations in syndicates, In common-law trusts, or In 1aerger schemes. Very often such offerings are misrepresented. Usually they are sheer speculations, all the risks bcing taken with the stockholders’ monéy, while the promoters, fiscal agents and salesmen pay themseives handsomely through stock sal®s, commissions, sai- aries or “‘organization expenses.” The investor who desires to buy min- ing or oil securities should get facts and experienced opinion as to values of issues of established, successful ofi companies. He should keep. in mind that even the legitimate mining or oil business is speculative and depenis for profits upon a sound comvination of properties, ur‘lflflallon rinances and munlxemenl KRUPPS WILL CLOSE PORTION OF PLANTS IR 507 Branches Run for “Social and Po- litical Reasons” Are to Be | Eliminated. By the Associated Press. ESSEN, Germany, April 23.—A re- organization of the companies compris- ing the Krupp manufactories is being planned, although the steel works and machinery construction departments changes. A conference of all boards of directors will be held at a_general meeting Saturday to determiné theé de- tails of reorganization. It is understood that a policy of general retrenchment and the eliminas tion of all unprofitable works will ba ordered. Since the war some branches of the,works have been maintained | “for soctal and political reasons,” that 1s, to furnish employment to workers and prevent unrest. INDIAN WHEAT CROP SHORT. The Indian Punjab wheat crop is forechst at 108,000,000 bushels, against 150,000,000 bushels produced last year, a reduction of about 42,000,000 bushels, or nearly 30 per cent, ac- cording to a cablegram received by the Department of Agriculture from Rome. - The Punjab is the most Im~ portant wheat-producing province, nccounting in normal years for ap: which at present are quoted at $5.50 per 100 pounds. ‘ 701 7th interests are working on & plan to re- vamp the financial structure of the Gambrill Manufacturing Inc. Because of the condition of the market, the plant at Ellicott Md., suspended operation about a month ago, and arrangements are being made to rent the property to another concern. mortgage 7 per cent bonds, due on May 1, will be paid, it is announced There is outstanding about 3530.000 of bonds out of an original issue of $600,000. The C. A. Gambrill Manufacturing Co. is one of the oldest flour mills in the United States. The business.was founded in 1774 and has béen in con- tinuéus operation. The plant -covers 16 acres.. “The directorate i€ com? posed of some of the best Known busj- neéss #hd finanéial men” of Baltimore and Phifadelphie.; THE financial plan being: formulated. it 18" said, will. be satistactory toall interests, DROUGHT CAUSES ALARM. Hardly Any Rain in New Mexico for Fifteen Monthe, ALBUQUERQUE, N. M., April 23. —Nearly all sections of New Mex- ico are suffering from one of the longest droughts on record. There has been little precipitation in some parts of the State for 15 months, the rainfall in Albuquerque in the past year having been only seven inches. Sheep men say that unless rain comes soon it will be difficult to get sufficlent range for their herds. Cat- tle men also say the situation is seri- ous. e m IO N SEsEEEEROERNE This Handsome CLARK JEWEL GAS RANGE Jonnected up In your kitchen. Right or left oven. Top lighter and white splashers. Giant burner, simmering burne and -three single. burners on- cook- ing top—large loop burner in oven. Baking oven and broiling oven. ‘l'hh range will _make your kitchen s pleasure place to cook. C. A. MUDDIMAN CO. The Wood, Wire and Metal Lath- ars’ International. Union is.. ¥ of 250 local unfons,” having @ wmembership ef 9,000, 709 13th St. Q3% %0%F ABOVE G ST. .-"n -.i-.f-.- RO ) Co.. | Interest on the first | | | | { “STAN proximately one-third of the total Indlan-wheat crop. BANKRUPT SALE of Jewelry Stock of RICHTER’S St. N.W. 50% to 60% Reduction On Entire Stock i Corner ?th & G Sts. N.W. On her toes. You bet! Every piston purring with powet. Every. drop of gas doing its bit. Naturally — it's «Stand-~ ard”, the gasoline that leads them all in pep and power. DARD"” "GASOLINE A PRODUCT OF 55. YEARS' EXPERIENCE IN REFINING THURSDAY, APRIL 23, 1925. . ... SALE! Women's Im- orted Boudoir glnppers that were $1.69 & $1.95 Pr. Variety, VALUE! are vice, cials” without delay! Pictured “TOSCA” Some of our highest grade slip- pers! Splendid New “Hahn_ Spe- black or brown kid, ;'r'llceffll',’;mm;u"n'?e‘a with warm, bright- _on hnpike heel and But Hurry in! For or patent. THEY'RE hurry- ing out! - Because they’re GIVING more—in Beauty, Ser- That’s why “Hahn Spe- ETTING more REGULAR ‘wearers, more POPULARITY every day! arrivals are our Achievement Supreme! + Play Time thrift- time —if your in HAHN wrr1 < qu Hahn Special small boys “and_ girls 2 or. tan with flexible solid_onk soles. $2.75 and $2.95 "Gro-Nups” Children's Tan F Sports Oxfords. or Korry Krome we $3.25 to $5 And the newest See them, “Gro-Nups™ the limit” in Cor. 7th & K Sts. 414 9¢h St. it vl ol BT 1914-16 Pa. Ave. Mx toe. new Wales last. Slzes 233 Pa, Ave.-SE. $6 INQUIRE ABOUT OUR DEFERRED PAYMENT PLAN W. B, Noses & Sons Furniture Carpets Established 1861 F Street and Eleventh Linens Upholstery Suites and Occasional Pieces FOR SPRING AND SUMMER 3-piece Fiber Suite, in baronial brown; loose spring cushions covered in cretonne. Special....$63.00 3-piece Willow Suite, in light brown; loose spring cushions in cretonne. Special 5 3-piece Willow Suite,-in black and- brown; uphol- stered back, loosé spring cushions in beautiful cretonne Large size Bar Harbor Chair, natural finish, $5.95 Rocker to match..... .....$6.95 Well designed high back, loose spnng seat Daven- .$70.00 Rocker to match, . .viveeeednecoveecssss$32.00 Chair to match .-$32.00 Exclusive patterns, new deslgns in Couch Ham- mocks. Ranging in price, $25.00 up to $100.00 Large size Porch Rocker, slat back Large size Porch - Rocker, spht cane seat and back Cedar Chest, 45-inches long, 20 inches wide, 20 inches high. Special : ..$24.00 Top Ice Refngerator oak fimsh white enamel interior . REFRIGERATORS Large size top icer, oak fin- ish, white enamel in- terior .$42.00 terjor ,:.. 3-Door Refrigerator, oak fin- ish, white enamel it Apartment House Style Re- frigerator, oak finish, $43.00 .$42.50 RUGS FOR SPRING AND SUMMER Domestic Floor Coverings Wonderful rugs from Belgium, sturdy rugs from California. and colors. Grass Rugs ..$18.50 .$13.50 $9.75 $4.75 . $3.50 9x12 .. 8x10 6x9 - : 4x7 3 27x54 .. 5 - Caleorma Ruah Rug: - 9x12 ... : .$28.75 8x10 ~.$21.50 6x9 ..$14.50 4x7 ... $9.00 3x6 cieen. 8475 THE Japanese hl\u pnm. Tibla Covers, Scarfs and Nap- kins. Table Covers, size 70x70 inches Table Covers, size 60x60 inches Table Covers, size' 45x47 inches Lunch Napkins, size 12x12 inches.. Lunch Napkin: 16: inch Scalloped Edged Bolster Sets- Size 72x90 .. and sham)..... . $8.50 set « Bize 81x90 ' and sham). $375 set .. $1.75 each . $1.25 each 85c each 85c dozen . $1.50 dozen (spread Many our owq-'exnlusive designs 9x12. 8x10. 6x9. . 4x7. 3x6. . lmportcd Rugs From Belgium (Our Exclusive Desizns and Colodngs) 9x12 . .$42.75 8x10 $29.75 6x9 . §21.25 47 .. -$11.00 8x8 ... $7.25 and: 32000 and . $18,50 and $12.50 and $9.75 and $4.75 LINEN SHOP Light dummer weight colored. striped Krinkle Bed- spread "Set: (Colors guaranteed fast.) The ideal bed covering for spring and summer.. Made in blue, rose, gell.ow ang l?vem(ier s ingie bed size (spread anc ah-m) Double bnd size’ {spread and sham) Hcmmed White Dmnly Bcdapreads Size 63x90 mebes. Size - 72x90 -inches Sizé 81x90 ‘Domestic: and - Imported Cretonnes The colors range ‘from- the. Vivid Colorings of Birds and Flowers to the more.simple scroll designs. . Both Imported and Domestic ‘Materials are here in vrofusion—all most moderate'y priced. Pflced From 50c to $1.75 Per Yd.. ;vmmm FORWARDED PREPAID TO ANY SEIPPING POINT IN THE U. §. INQUIRE AWIIT OUR DEFERRED PAYMENT PLAN