Evening Star Newspaper, April 30, 1925, Page 27

FORD COL CAUSES WORRY ON LAKS Competition May Change in Rates—Other Factors in Big Industry. 4 BY J. C. ROYLE. ®pecial Dispatch to The Star. April 30.—The Feder OV al|rates. To operate with full success ry. | ore ¢ that while the hibit railroads il from a mine they hing in the law which or of a coal mine »ad and shipping ¢ weeks there have of Lehigh Coal and stock to New York a interests. This is that control of acite operating with a view to oroperty in one of the railroad consolidations fas Broad Interests. Mean |7, THE EVENING STAR, WASHINGTON, IT arrived in Duluth with a cargd of bituminous from the Ford Kentucky mines, transported in part by the De- troit, Toledo and Ironton Railroad. This' coal will be sold in direct com petition with coal dock operators at Duluth. The Henry Ford II and the Benson Ford will operate between Toledo and [ n and will solicit busi- al dealers and large out the Northwest. department for alr been es in the Twin Cities, with stman, a veteran coal man, in char; Lake Shippers in Peril. While the Detroit, Toledo and Iron ton Railroad could not carry coal from mines owned by that is nothing to prevent Ford, as owner of the coal mines, from shipping their output over a railroad owned by him. The entry ‘ord into the coal | trade on th s may have a big effect on Ia pping and freight on the lakes coal to So far son such FOR TRAIN CONTROL New York Central Will Install Miller Device on Erie Division. The New York Central Railroad has ded a contract to the Miller Control Corporation for in-| ng its intermittent inductive in control. The initial installation NEW COTTON HEAD BUT 45 YEARS LD Harriss Got $1.50 a Week on First Job—*“Work” Se- cret of His Rapid Rise. By the Associated Press. YORK, April 30.—Wall t has drawn upon another of 2, Richard T. Harriss, ent of the New men ever nominated to head the largest cotton market in the world, for the nomination is tantamount to election at the formal poll, June 1. as been vice president the past s elected to the board of managers in 1923 and has been a member of the cotton exchange only three years. In Business 30 Years. He has been in the cotton business, however, nearly 30 years. By a coincidence the exchange member- ship he bought in 1922 was one re- leagsed by Ralli Brothers of Waco, Tex., in whose employ he first started as office boy at 15. Today Mr. Harriss spanned the period of his rise with but one word, “work."” Acquaintances related that his first weekly income was $1.50, which he earned in Fort Worth, Tex, his birthplace, trotting bundles for a de- UNION PACIFIC’S NET D. T, THURSDAY and railway operating income of $42, 936,622 was $2,636,911 lower. After OFF OVER $4,000,000 | ccr2 "% "conpans “enden the sear Decrease in Farm Products and Damage to Crops Cause Heavy Drop in Earnings. By the Associated Press. NEW YORK, April 30.—Operating with a surplus of $9,533,625, compared with $13,692,669 for 1923. Carl R. Gray, president of the Union Pacific, attributed the lower freight revenues to a decrease in the volume of agricultural products tramsported from States west of the Rocky Mountains, due to damage to crops in that territory from late Spring frosts and severe drought. Among its extensive holdings of under less favorable conditions in|other railroad sscurities the company 1924, the Union Pacific Rallroad Co. listed $6,820,000 face value of St. Paul Rallway stocks and bonds, $18, reported to stockholders today net in-1311100 Chicago & Alton stocks and come for the year of $35,753,204, more |bonds and than $4,000,000 below that of 1923. $4,420,600 Chicago & Northwestern common stock. The The road’s operating revenues of [depreciation in the market value of $199,035,117 were about $12,000,000 |these securities this year, together less than those of the preceding year,|with continued unfavorable earnings = INQUIRE ABOUT OUR APRIL 30, 1925. b, the Union Pacinc n the frst sur:| HARD COAL PICKS UP to the recent decline in its common shares from a 1925 high price of 153% to current levels around 136. . PROFITS SHOW GAINS. NEW YORK, April 30.—The Allis- Chalmers Manufacturing Co., earned $2.17 a_share on the common stock in the first quarter of 1925, net profit amounting to $847,053. The preceding quarter's net was $808,935, or $2.02 a Many Fields. share and in the first quarter of 1924, | Special Dispatch to The Star. $831,180, or $2.10 o share. COPPER LOSSES REDUCED. ports the With Ma. but the effect on the industry as & whole is limited. Shutdowns continue to be reported in Illinois and Indiana AS SOFT COAL DRAGS |2 e ismes i e duaiea e tions. Anthracite trade shows a notable in- flux of strength. Demand for stove is Weekly Review Shows Shutdowns|quite heavy and egg and pea also are or Further Output Cut in moving well. Chestnut is not in such insistent demand, but is far from slug- gish. BOSCH MAGNETO'S NET. NEW YORK, April 30.—Net income NEW YORK, April 30.—Coal Age re- | of American Bosch Magneto for the rket today as follows: at hand the outlook for | preciation and interest, but before bituminous coal producers is far from | Federal taxes, equal to 54 cents a first quarter fell to $76,632 after de. NEW YORK, April 30.—Calumet and | rosy with promise, each succeeding|share, compared with $147,529, or Hecla Consolidated Co., reports net|week showing monotonous resem- | $1.53 a share in the corresponding loss of $71,261 for the first quarter this |blance in dullness to its predecessor. | perfod of 1924, Bank loans were re- vear against net loss of $894,775 in the | Lake shipments are gaining headway, preceding quarter, and net loss of |of course, the early run to thy $150,505 in the first quarter of 1924. DEFERRED west docks being unusually hea rth: | were cut $814 duced to $900,000, current labilities 9 and the funded debt reduced $16; PAYMENT W. . Moses & Sons PLAN—— Furniture Carpets Established 1861 F Street and Eleventh Linens Upholstery a sto age of 6. I be on the four track line of the | PArtment store at the age of on. from Cleveland to Developed Rare Voice. Ohio s an extra half n will consist of the plain | go and, inciden- a is voice against Juting fellow ECIAL CLEARANCE of ODDSU AND OCCASIONAL PIECES For Friday and Saturday These suites and occasional pieces represent floor samples and patterns discon- tinued by the manufacturer. All pieces or suites are sold as is. No Exchanges No Refunds Regular Sale Price. Price. 1 Three-piece Living Room Suite in figured and plain velour $250.00 $175.00 2 b-foot Oak Standing Desks, each. $35.00 $16.00 Large Double Desk, fumed oak..$120.00 $65.00 Mahogany Chifforette $132.00 $55.00 Mahogany Single Beds, each.... $53.00 $20.00 Walnut Two-toned Vanity $170.00 $85.00 Walnut Two-toned Chifforette ..$125.00 $64.00 Walnut Two-toned Vanity $89.00 Mahogany-finished Steel ing Table $85.00 $49.00 Mahogany-finished Steel Bench.. $14.00 $33.00 Mahogany-finished Steel Chiffor- $16.00 ette " Mahogany-finished Steel $300.00 o SR e $22.75 $7.00 Mahogany-finished Steel Chair... $24.00 . Mahogany-finished Steel Rocker. $24.00 $49.00 Walnut Inlaid Chifforobe. ....... $132.00 Walnut Two-toned Chifforette. ..3$163.00 $175.00 $29.00 $120.00 recalled er of | “you 1y had ‘to vell to get the com- | paople up in Fort Worth on Sunday S from | mornin tting into cotton he also . n Union messenger and nded 2 e boy for the Missour an operating stand- | pacific in Dallas. lling priv as u recent t made n on the Chicago and Railroad PARIS BOURSE STEADY. 3 3 rices, stead: per cent on Londo! ecide to| segregate its | was approved Ford Sh The bitum Regular Price. 24 Plain Cottage Dressers, in ivory gray, mahogany finish, natural birch; to be closed out at, each.. $35.00 10-Piece Bed Room Suite, in Venetian gray; single beds 1 Mahogany and Ivory Single Bed and Spring $26.00 1 Mahogany and Ivory Full-size Bed and Spring ... sesionss s $35.00 10 Mahogany-finished Windsor Type Rockers, each 1 Fibre Sofa, spring cushions .....$135.00 4 0dd Walnut Serving Tables, each $66.00 1 Mahogany Tea Wagon $50.00 1 10-Piece Walnut Dining Room Suite ‘ 1 Willow Corner Magazine Stand.. $20.00 1 Walnut Extension Table, 54 inches o s AR SR Rl $115.00 1 Large Davenport, covered in blue and rose mohair .. $298.00 Mahogany Chifforette 1 Golden Oak Chiff., with mirror.. $80.00 Walnut Two-toned Single Beds, 1 Davenport Bed and Rocker to match $200.00 1 Mahogany Gate-Leg Table, large size $70.00 $49.00 1 Mahogany Gate-Leg Table, large size . .... $65.00 $42.00 each 12 Fibre Waste Baskets, each.. $1..75 T5¢ $22.00 $450.00 $15.00 Annual May Underprice Sale Sale of 1,860 Men’s $1.50, $2, $2.50 and $3 Fine Quality Athletic - M | Union Suits Underprice Sale 39 Suit $20.00 $42.00 $8.00 $43.00 $11.50 $12.00 $12.00 $75.00 $80.00 $69.00 $60.00 $70.00 $49.00 $71.00 $10.00 1 Walnut Two-toned Chifforette. . .$155.00 1 Walnut Two-toned Chifforette. . .$165.00 1 Walnut Two-toned Chifforette. ..$138.00 12 Solid Mahogany Martha Wash- ington Sewing Tables, made by Cowan; slightly marred; each .. $14.50 FLOOR COVERINGS Seamless Axminster Rugs Size Special Size Price OX12. . .ommecoescees:$6200 $49.96 | OXI2 .....cocamem.$57.00 8.3x10.6 . vee..$57.00 $45.75 9x12 ... e - . . $55.00 6x9 .... veonas - 33550 $28.75 9X12 ...cceceee..=.$52.00 ee...$1950 $1550 8.3x10.6 ..eewe......$47.75 86XT0 «oomecsc-soss $9.50 - $TH0- .6X9 ....ccocsmsess..$30.60 $23.76 27x54 cceeeeene.o. $525 $3.75 46X6.6 .oommmeomn.-$15.00 $1200 6x9 ........m.....$15.60 $1325 All Rag Rugs and Bath Mats 25% Off for Friday and Saturday Only Tapestry Brussels Special $41.75 Rugs $41.75 e Reguise gg;:gg 9x12 .. $20.75 $23.75 8.3x10.6 .. ..m.....$2600 $21.25 Special Sample Union Suits and Union Suits with slight discolorations—in no way affecting the wearing quality. Sleeveless and knee length, with elastic webbing across back. Materials are fine quality im- ported English broadcloth, hem- stitched broadcloth, satin stripe im- ported broadcloth, kings wear im- ported English broadcloth, finest quality madras and fancy rayon. Plenty of white and also fancy col- ors.. Sizes 34 to 46. Royal—Men’s Shop—M 400 Boys’ $2.25, $2.50 and $3 LAMP AND ART GIFT SHOP Slightly soiled Lamp Shades, Desk Sets, Bridge. 0dd pottery, one-burner lamps in blue, gold and black Lamp Shades, Chinese Table Runners and odd (lamp and shade). Regular $15.00. Reduced to $7.50. metal Smoking Trays and Candle S?icks. Black and old blue pottery, Chinese vases, 14 inches high, Reduced to Y2 Regular Price suitable for two-burner table lamp. Reduced to $6.75 ea. Floor THE LINEN SHOP Pequot Cotton Sheets, size 81x99 inches. Reduced $3.00 White Dimity Bed Spreads, size 81x90 inches. to $1.85 each. Reduced to $2.15 each. Utica Cotton Sheets, size 81x90 inches. Reduced $2.25 White Dimity Bed Spreads, size 72x90 inches. " ‘to $1.75 each. Reduced to $1.75 each. Mohawk Cotton Cases, size 45x36 inches. Reduced 85¢c Extra Large Heavy Blue-bordered Turkish to 39c each. Towels. Reduced to 69c each. Mohawk Cotton Sheets, size 81x90 inches. Re- 30c All-linen Crash Dish Toweling. Reduced to 22¢ duced to $1.50 each. yard. $1.25 Cotton Table Damask, extra fine quality. Reduced to 90c yard. DRAPERY DEPARTMENT To close out the made-up draperies and curtains recently . replaced with new ones in our furnished apartments we will Domestlc Cretonnes We have display tables of good new patterns sell them at half the regular prices of materials with no charge for designing and labor. Bring the measurement and colorings in cretonnes sold up to 60c yard at 35¢c. i PLAN | Suits “Jack Tar” and Other Well Known Makes Underprice Sale $1 .95 Mothers, here’s your opportunity. The Materials are Belgian linens, linen chance of the season to buy Quality Wash crash, mercerized twills, highly mer- Suits at way below normal prices. All cerized poplins, Devonshires, Palmer the materials and styles that are in de- cloths and many other well known ma- mand. terials. Every one of these garments are made Styles are Regulation Middy, Oliver by well known Wash Suit manufacturers Twist, Flapper and Dickens models. Also and carry their absolute guarantee in suits with 2 pairs of pants, one navy and every respect. one white. §zes 2 to 10 years. Palais Royal—Main Floor i ; of your doors and windows as you may be able to get just Il what you want. l—————————— INQUIRE ABOUT CUR DEFERRED PAYMENT ’l.-..I.-...-_.,..ll.,l...l...l--.......jl.. > . /