Evening Star Newspaper, May 5, 1925, Page 27

PRCES VERY IR AT CENTERNARKET Meat Quotations Unchanged Today—Chickens Likeiy to Be Cheaper. Few changes in prices of food- stuffs have been noted the past few days, the most, appreciable decrease being in the price of turkeys. Consumers are more anxfous about decreases of prices of other poultry and meats than about turk , how- ever, because of the lateness of the season for the king fowl. Turkeys are in demand the entire vear, however, according to dealers, and 'their quality in warm weather, they state, is not to be discounted. Chicken prices are expected to show a slight decline in the next few weeks Liberal supplies of strawberries continue to be received, but only light supplies of many of the early vegetables are reported, string beans, cucumbers and peppers being the ex- ceptions. Today's Wholesale Price: Butter—Fancy, tub, 52a54; store packed, 20a23. Fancy, selected, candled, 29a 30; average receipts, 2 ry, alive—Roost chickens, £ i geese, 15a20. Dressed—Fresh killed Winter chickens, 35a38; roosters, turkey: prints, ers, 19; young 28; alves, lean, . 13213 veal, 18; Spring loins, 31a32; 18219, Fruit and Vegetable Review. Today's market report on fruits and egetables, compiled by the Market ews Service, Bureau of Agricultural Economics, said: Cabbage—Supplies light, market steady; Virginia, Norfolk section, and Sout! Carolina, barrel crates, pointed type, mostly 1.75, few South Carolina high as 2.00. Lettuce—Supplies light; demand moderate, market fifm for good stock California, central district, crates, Ice: berg type, 4-5 dozen, 4.25a4.50; North Carolina, 5-peck hampers, big Boston type, fair quality and condtiion, 1.50 medium, 10all; Springs, 13; live hog Meats—Beef, 17a18 lambs hogs, 20%421; hams, 26a28; shoulders, light; demand Onions—New stock; supplies very light; demand moderate, market steady: Texas, standard crates, vel- low Bermudas, commercial pack mix- ed, No. 1 and 2, 2.65a2 Potatoes—Old stock: demand _light, market steady. Yo 150-pound sacks, round whites, U No. 1, 1.76a1.85. New stock Supplies liberal; demand moderate, market steady; Florida, double-head barrels, Spaulding Rose, U. ., No. 1, 5.25a5.50; some fair condition, 5.00. Strawberry Market Steady. Strawberries — Supplies moderate; demand moderate, market steady North Carolina, 32-quart crates, va- rfous varieties, wide range in prices; , 4.00ad.50; holdovers, poor qual- and condition, 1.00a3.00; Virginia, Norfolk section, 32 and 60 quart crates, various varieties, best, 18a20; few ordinary quality and condi- tion 11a12%. Tomatoes—Supplies liberal; demand moderate, market steady; Florida, 6s, ripes and turning, wrapped originals, fancy count, 4.00a5.00; choice count, 3.0024.00. . String beans—Supplies liberal; de- mand moderate, market firm; Flor- ida, 7-bushel hampers, green, best, 2.2522.50; few stringless, 2.75a3.00; 21;;1"1!\ary quality and condition, 1.50a Cucumbers Are Cheaper. Cucumbers—Supplies liberal; de- mand light, market slightly weaker; Florida, square bushel crates, No. 1, best, mostly 3.50; few high as 4.00; No. 2, 2.00a2.50. Peppers—Supplies liberal; demand limited, market slightly weaker; Florida, crates, No. 1, 3.50a4.00; few high as 4.50; No. 2, mostly 3.00. Eggplant—Supplies moderate; de- mand light, market steady; Florida, geslgper crates, 3.00a4.00; mostly around Peas—Supplies light; demand mod- erate, market firm; North Carolina, 5-peck hampers, small pod varieties, 2.50; few large pod varieties, fair quality and condition, 3.00. Beets—Supplies light; demand mod- erate, market steady; Virginia, Nor- folk section, crates, hotbed stock, Sa9 per bunch; Texas, bushel baskets, .50. S CHICAGO LIVE STOCK MARKET CHICAGO, May 5 (United States De- ment of Agriculture)—Hogs—Re- 21,000 head; active, mostly Monday's average; all in- ying; bulk good and choice pound averages, 11.30a11.45; bulk, 250 to 340 pound 11.25a11.40; 140 to 150 pound gely 11.10a11.25; bulk pack- .25; strong weight 10.75a11.00; 5a11.45: me- light, 11.00a11.45; light lights, 1 11.40; packing hogs, smooth, 10.20a10.50; packing hogs, rough, 9.85a10.20; slaughter pigs, 10.00 a11.00 Cattle—Receipts, 11,000 head; fed strong to 15 higher; yearlings and handyweight kind showing most advance; in-between grades predomi- bulk, 9.00a10.50; top yearlings, mixed steers and heifers, best heavies, 11.10; she stock steady to pots, higher.on light heifers bulls generally steady, with Monday market, bulk weighty bo- ; veal calves, steady; mostly 8.00a9.00 to according to weight and con- dition, few to outsiders, 9.50 and bet- ter: stockers and feeders s ce, firm. Sheep—Receipts, 17,000 head; fat lambs opening steady to strong; desir- able $3 to 97 pound clippers, 13.50a 14.00; no action on wooled lambs; 8§ cars of good to choice California springers averaging around 70 pounds, 17.00 sorted; 78 out, some held higher; fat sheep steady: choice 141-pound shorn_wethers, 9.50. shorn et e, e MOVING, PACKING & STORAGE. ATIONAL CAPITAL STORAGE & MOVING CO. Storage Household Goods. 500 Rooms. Local and Long Distance Moving, EXPERT PACKERS & SHIPPERS. Moderate Rates. Good Work. Free Estimates. 1434-1442 U N.W. __Tel. North 8845. DRY, STORAGE FOR FURNITURE nd planos. ates cheerfully given. ?»mmfig?nuofiumw SCHLER'S. 520 Pa. ave. M teres: 160 to top, 11.4! butcher: laughter heavyweight hogs, dium 0a11.4 pigs Without Worry or Risk. Re- MOVE T le Borvice—Low Bates. Starage in rooms, $2.00 mo. and up. Ex- pert packers for shipping. NORTH 104 705-9 Florida Avenue. O WO FURNITURE VANS LEAVING D C. y 8 want load or part e rou 0%k, Phone Frank. 2008. C. E. PHILLIPS. 426 3rd n.w 7 STORAGE MOVING KRIEGSP* XPRESS SHIPPING PACKING 616 EYE ST.NW. MAIN 2010 1 DOLLAR LINE SOON OIL EARNINGS GROW. Pacific 0il Company Reports Heavy OQutput Increase, SAN FRANCISCO, May 5.—The Pa- cific Oil Co. today made public a com- plete_annual report for 1924 supple- menting preliminary figures given out recently. The report showed that the company had total assets for 1924 of $95,385,781. Current assets for the year were set at $15,335,291, of which $10,276,763 was cash. Current liabili- ties totaled $6,113,557. The report said that the production had been in- creased by 5,965,762 barrels in 1924 over 1923. 10 TAKE 5 SHIPS Transfer Affects Trade of Whole World—Most Vital to Pacific. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, May 5.—A change which will affect the shipping and trade of the worid began today when Shipping Board officials completed preparations for final inspection of the President Lincoln prior to de. livering that vessel to the Dollar teamship Co. of San Francisco. The President Lincoln is the first of the five President ships the purchase of which 0y the Dollar interests from the United States Shipping Board aroused much controver When the transfer of the ships is completed and the Dollars take over the ships now operated by them out of Seattle, it will give the company virtual mo- nopoly of the ownership and operation of passenger vessels under American registry on the Pacific. Bookings Already Made. Vice President Stanley Dollar, who is general manager of the line, has just arrived here to take over formal bossession of the President Lincoln after the vessel has been inspected. This will take place May 9. The voyage under the Dollar flag on May 16. The bookings already sold for the President Lincoln’s voyage are considered the property of the Ship- ping Board and will be taken over by the Dollar line. The officers and crew of the vessel will be invited i remain in their present positions, but if they do not care to do so their places will be fllled from the Dollar personnel. Keener Competition Seen. Stanley Dollar, according to dis- patches received by the writer today from San Francisco, plans to continue the San Francisco-Orient service with- out interruption as he takes over the recently bought ships from the Pacific Mail, which has been operating them. He is now operating seven 522-foot passenger freighters, which were pur- chased from the Shipping Board, on a fortnightly schedule from San Fran- cisco around the world. The new ships will be worked into the schedule until the line will have 12 vessels making weekly sailings. The routes taken by these round-the- viorld carriers are such that they make the principal ports and in doing so become competitors with the ships | of practically every other maritime nation | Controls Oriental Line. The Dollar Co. also owns con- trol of the Admiral Oriental Line{ which operates five of the so-called | President liners out of Seattle to the | Orient. In a few months the com- pany, it is understood, will be in the | market to purchase those vessels from the Shipping Board. I£ that deal goes through it would give the Dollar interests 17 freight-carrying passen- ger ships on the Pacific. The Dollar officials admit that the Pacific is overtonnaged at present. All 17 of the President steamers have been put into commission on that ocean in the last three years, replac- ing three small Pacific Mail steamers | and three China Mail boats, which are now retired. The trade with the Orient has been adversely affected by | several factors. Among these were the disturbances in Siberia, the po- litical turmoil in China and the slow recovery of Japan from the terrific | loss of the earthquake of 1923. The Dollars, from the founder of the line | down, have always had firm faith in | the future of the Far Eastern trade and equally strong faith in the devel- opment of demand for American lum- ber in the East and antipodes. 1 Concern 31 Years Old. Robert Dollar, the founder of the company and still its head, began the organization of this big concern 31 years ago when he bought a freighter to carry his own lumber to, the Orient. The company now owns a huge fleet, ranging from square riggers and pow- | er schooners to stately and luxurious passenger vessels. The development of the passenger business is credited to Stanley Dollar, and another son, Harold Dollar, is now in the Orfent with headquarters in Shanghai. The acquisition of the new vessels will necessitate no reorganization on the part of the concern, which already has offices in all the principal ports of the Orient. Pacific Mail's Future. Rumors that the Pacific Mail Com- pany, unsuccesstul bidders for the President ships, plans to enter the market for other ships and continue passenger service to the Orient are not regarded seriously in San Fran- cisco, although the freight service of the company will be continued. ROAD'S REVENUES OFF. NEW YORK, May 5.—Revenues of the Canadian Pacific for the first four months this year decreased $5,840,000, to $47,662,000, in comparison with the Fire-Proof ‘Warehouse Storage, Moving, Crating 41830 10th N.W. Main 4229-Frank. 2438, “More Space for Less Money” Absolutely Fireproof Warehouse Storage of all kinds. Local and long distance hauling. Moving, ng, crating and _shipping. Best appointments. Lowest rates. CENTRAL STORAGE AND TRANSFER CO. _First and M Sts. N.E. Franklin 9475, MITH’S FIREPROOF TORAGE LARGEST FAMILY MOVERS IN D.C. THE EVENING STAR, WASHINGTON, D. C, TUESDAY, MAY 5 1925 STERLING HIGHEST INTDYEARS TODAY Exchange Advances 5-8 of Cent Overnight—Above “Gold Point” Now. By the Associated Press. ling advanced five-eighths of a cent|at the beginning showed reductlons | NEW YORK, May 5.—Demand ster- overnight to $4.851, the highest price in 10 years, and only 13 cents below gold parity. The price, If maintained, PRICES ON FALL RUGS SHOW SOME DECLINES Expected Advances Fail to Ma- terialize as Auctions Open in New York. By the Associated Press. NEW YORK, May 5.—At the open- ing of an auction sale of 92,000 bales of rugs and 6,500 rolls of carpeting here yesterday the attendance was large, comprising buyers from all over this country and Canada. Prices from current price lists, varying from 11 to 20 per cent. Bidding was steady and all offerings were taken. Nar- removes any danger of Great Britain|row goods showed the greatest de- being forced country, as it is above the so-called | “gold point,” below which it would| few advances and some declines. be profitable to to ship gold to this import gold from free gold market in international ex point” and parity repre: of shipping nge transactions. The difference between the ‘“gold nts the cost e, loss of goid, insura interest while in transit and the slight loss of weight in handling. Norwegian and Danish kroner each advanced 15 points to new peak «quo- tations at specti; | | | LOCAL AND LONG DISTANCE. CRATE AND PACK BY EXPERTS 1313 YOU STREET, N. W. PHONE NORTH 3343 17.01 hi! and 18.91 cents, re the n doliar | clines The new Fall carpet and rug sea- son opened with prices showing very | had been expected a month ago that | prices for the new season would be substantially higher, but | drop in raw wool changed the price | ideas of manufacturers. | == was quoted at a premium of one- thirty-second of 1 per cent. During the day the pound continued to advance and at the close of the ! mark as offict quote $4.855 It the great | COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY CLEVELAND, May 6.—Motor car accessories manufacturers expect May to show ‘a larger business than any month this year. The peak usually is reached in March. The steel prod- ucts company which supplies tubular material to the Hudson-Essex fac- tories is running at capacity. CHICAGO, May 5.—Both beef and pork trade picked up during the past week, packers advise. Beef trade is said to be awakening under a stronger demand. Pork prices have eased. port trade also improved during the week. ATLANTA, May 5.—North Georgia farming operations are three weeks further advanced than at this time last year. Cotton lands have been plowed and planted. Preparation of the ground was more thorough than usual. The corn crop is thriving. PHILADELPHIA, May 5.—The pos- sibility that banana shipments re- ceived here will not be allowed to leave this district because of the quar- antine against the Japanese beetle may result in large western shipments from central America going through other Atlantic and Gulf ports. DENVER, May 5.—The Colorado Industrial Commission has injected a new note into labor disputes by dering officials of five Routt Councy mines to reduce their salaries in the ame proportion as miners’ wages h een reduce: Three-piece Console Set with purchase of $25 to $50. A Wrought Iron Bridge Lamp with purchase of $75. 42-piece ware or Set 26-piece Se Rogers Tableware with purchase of $100 or more. Dinner- t finish. Table, Large Buffet, Cabinet, five e and 13 Easy Credit Dining Room Suite Just as pictured, in American walnut Comprises Oblong Extension with genuine leather seats. constructed for long service. or-| 3 | IMPORTS UP; EXPORTS OFF ‘Wide Variety of Goods Received at Baltimore. Spectal Dispatch to The Star. BALTIMORE, May b.—Imports last week showed an increase of $611,913, as compared with the previous week, while exports declined $96,954, accord- ing to the weekly report of Charles H. Holtzman, collector of customs. Imports totaled $1,989,715, of which $1,459,127 was free and $530,588 dutia- ble. The dntiable articles consisted of sheet glass, seed, clay, cheese, chinaware, ~pepper, magnesite, mo- lasses, pig iron, earthenware and sugar. Exports amounted to $3,959,526, and consisted principally of lubricating oil, copper, grain, tobacco, zinc dross, |scrap brass, sheet steel, tinplate and fertilizer. - NEW STOCK OFFERING. NEW YORK, May 5.—New offer- ings today included 7,000 shares of Central Iilinols Public” Service Com- pany cumulative preferred stock at 88 a share and accrued dividends to yield more than 6.80 per cent. The | company’s outstanding common stock |is owneda or controlied by the Middle West Utilities Company. An electric “sewing machine,” called 1sect,” because of its resemblance |to a fly, welds piping, steel plates of ships and many other articles by ns of @ white-hot steel wire fed from a bobbin lStore Hours: 8 to 6| “Thoe Jlational Seasonable Groups of Fine Furniture at LOW PRICES and EASY CREDIT TERMS une Brides’ SALE -Room Outfits Server, China one Armch: Strongly 9 Terms Outfit No. 1 THREE ROOMS COM- PLETE, with durable Li ng Room Suite, Six-piece Dining Room S Walnut-finish Bedroom Outfit No. 2 and Three-piece THREE ROOMS COM- PLETE, with Fiber Reed Living Room Suite, -piece Dining Room Suite and Six- iece Walnut-finish Bedrool uite. Outfit No. 3 m THREE ROOMS COM- PLETE, with Ten-piece Bed- room Suite, Ten-piece Di ng Room Suite and Beautiful Mahogany - finish Livin Room Suite. We Will Allow You A special offer during this refrigerator sale. Purchase amew icer and we will allow you $5 on your old one, guar- anteeing not to resell the old icer in our store. Mahogany-Finish Metal Da-Bed Covered with Cretonne Easy Credit $1 Terms = 'S A v o] 1 ARRn a0 1&flflfi price as low as this one. .95 g Easy Credit Terms ic——c———|a|c——|gjc———|bjc——|xq] Easy Credit Terms “HOW TO INVEST YOUR MONEY” By Bayard Dominick, President the Better Business Bureau of New York City. Where to Get Facts. Banks—Banks of established reputa. tion can generally be relied upon to give investment information. Having had 2xperience in the securities field, most bankers are in a position to advise their clients competently about different lssues. Your bank knows de- pendable investment bankers or brokers with avhom you can do busi- ness. Investment Bankers and Brokers— As in all other branches of business, there, are in this field honest or in-| competent dealers. The former are in the great majority and can be de pended upon for information. It is well to act upon information only when furnished by reputable houses. Satisfactory information as to such houses should be easily available from the other sources named here. LARGE GAIN IN PROFITS. NEW YORK, May 5.—Net profit ef the American Hide and Leather Co. for the first quarter increased to $233,- 654, equal to $2.01 a share on the pre- ferred, compared with $200,588, or 9 a share on the preferred, in the ¥ ol RUSSIA TAKES HUGE. SHIPMENTS OF GRAIN Nearly 5,000,027 Bushels From Baltimore in Month of April. Sent Special Dispatch to The Star. BALTIMORE, May f.—Reflecting an exportation of 6,333,671 bushels of rye in April, principally on Ru: contracts, the total amount of g stored in local elev rs was reduce | substantially during the month j ended. Storage figures for May 1 totaled | only 5,743,554 bushels of grain and {ot all kinds, as against 11,135,935 | bushels in local elevators on April 1 a reduction of approximately 50 pe | cent. | Of the total grain on hand, figures | provided by the local chamber of | commerce show that wheat In storage | accounted for 4,099,062 bushels, and |rye, 1,193,653 | ports of grain of all varieties | were heavy during April, with the ex ception of corn, responding to lower price levels. McCRORY SALES GAIN. NEW_ YORK, May 5.—April sales of the McCrory stores gained 8 per cent over April last year. and for the first four months of 1925 increased > |CREDIT Your credit is good with us. Don’t keep that old, out-of-date or shabby furniture, when bright and new pieces may be had at such exceptionally low prices and on Easy 3-Piece Fiber Reed Living Room A very living room or Summer porch. prises large Settee, Rocker and Arm= chair in Priced exceedingly low. I 36 | Easy Credit Terms 28 2= Radio Table Easy Credit $ y substantial and serviceable suite. Comprises Continuous-post White-enamel Metal Bed, Sanitary Spring and Mattress, Two Pillows, Golden Oak Finish Chif- fonier, Dresser, Rocker, Chair and a Room-size Rug. Strongly constructed and beautifully finished. You'll find this suite a real bargain, 10 pieces at a 59 [6l——ls|——al——|a|c—c———|alc—— sl ——|al——| NATIONAL FURNITURE CO. N.E. Corner 7th and H Sts. NW. i Suite attractive suite for the Com- “ baronial brown finish, .98 Terms “BOONE” tchen Cabinet Golden Oak Finish 243