Evening Star Newspaper, June 12, 1925, Page 27

FIN LBERTY MOTORS T0 BE ARLODLE Army Meets With Success in Conversion From Water- Cooled Type. The Liberty airplane motor, subject Qf several hundred changes and im- provements since its original d here in the early up before Army glneers once mor improvement——conv on from water- cooled to air-cooled type. While the Navy is in an advanced experimental stage with large air- cooled motors and Buropean nations already have the heavy types in prac. tical service. the Army about 9,000 Liberty engin from the war days, cannot branch out very far in production of new types| of power plants. Experts _at the gineering_Division Dayton, Ohio, however. v stock Liberty and turned it water-cooled to an air-cooled Their first labors have been a s ~—too much of a success, in cause the motor cools too times. Greater Cooling Service. heavy water-cooling abounding the Liberty has stripped, the cylinders h: been made slightly smaller and vanes have been added, giving a greater cooling surface. A novel feature has been| introduced in the valve stem they are filled with salt peter, and valves, on becoming heated, are cool by the absorption of which liquifies and carr to the rush of at the exposed ends of the valve stems. N The motor has been on the testing} block and has fun with the exceptio tendency to cool however, can be e cording to the McCook experts. g Successful conversion of the Liberty into an aircooled type would be a boon to the airplanes now using them | and those being built to hold the| engine. It means, Army aviators| emphasized, the reduction of weight| by the elimination of the radiator and | water itself and the aboliti pumps, hoses and wate Further, many forced landing: accidents are due to water failure of the pumps to function and other causes leading up to the loss of water. Another advantage to be galned by the air-cooled type is a smaller head resistance, which now is quite large on many types due to the radiator in front. More effective streamlining and smaller noses run ning to the propellor hub will result| if it is found practicable to recondi- tion all the Liberties owned by the Army into air-cooled motor: The Navy's P of motors are radical—nine- horsepower and nine-cylinder 450- horsepower. The former are in use in small observation and spotting planes aboard battleships and cruis- ers, while the latter are now under- going rigid service tests with the view to adoption and installation in the larger planes. HARRY S. HOUGHTON DIES, FUNERAL TOMORROW | Years En- eld aken a from a motc ceess apidly at | ‘The been fast. This, remedied, ac- | Field motor | too air-cooled inder 200- Prominent Resident, for With Cranford Company, Suc- cumbss After Short Illness. arry S. Houghton, for many years We‘;‘l ‘;(?m\\'n in business lnhth s city, died . at his residenc 2134 Sevel teenth street, yestera: after an ill- ness of several weeks. He was for 38 years secretary of the Cranford com- v here. P e in Brooklyn, N. Y., June 24, 1848, Mr. Houghton engag d in bus ness in Norfolk, Va., \whe\_’l a young man, later coming to “:\smng\:_m. He is survived by his wife, Mrs. Alice B. Houghton; sons, Harry B. Houghton of Bridgeport, an\n: Rob- ert O. Houghton of San Fra neisco; Carlos C. Houghton of Pelnam Manor, N. Vernon T. Houghton of Bronx- ville, N. Y.; Alfred M. o) ton and ‘Woodson P. Houghton, both of this city, and two daughters, Miss Alice V. Houghton and Mrs. Willlam K. Davidson of Washington. Funeral services will be conducted at the residence tomorrow afternoon at 2 o'clock. Rev. Dr. John C. Palmer will officiate. Interment will be in Rock Creek Cemete GENERAL POLICE ALARM IN STOCK THEFT PROBE New York Seeking Accomplices of Attorney Classed as Rival of “Nicky” Arnstein. By the Associated Press. NEW YORK, June 12.—A general police alarm was broadeast today for the arrest of three other men alleged to have been involved in the gigantic disposal scheme of stolen stocks for which Israel Brinkman, attorney, was arrested yesterday. Their names were withheld. i Brinkman's operations are said by the police to paraliel in detail and scope those of cky” Arnstein. Further investigation by the dis- ‘ trict offices into bonds found in the Chelsea Exchange Bank, pledged by Brinkman and another man for three aifferent loans, w. d to have dis Closed that $32.000 of Liberty bonds in- cluded in the securities were part of al ot stolen October 1, 1824, from the Liberty Central Bank of St. Louls. LEVY ON CAPITAL AGAIN DISCUSSED IN FRANCE PARIS, June 12 (#).—There were indications late yesterday that a m: Jority of the Socialists favored the in- troduction before the finance commit tee of the Chamber of an interlocutory motion that budget equilibrium and the financial restoration of France | should be assured by a capital levy. If this procedure were adopted, such & motion would be discussed when the committee begins its examination of the budget. W. F..CUSH CONVICTED. Extreme Mercy Recommended in Auto Tragedy at Crossing. Special Dispatch to The Star, UPPER MARLBORO, June 12— “Guilty” was the verdict of the jury in the case of William F. Cush, jr. a Washington contractor, charged with manslaughter in connection with_the death of Alexandria Pink- ney Lee, colored, at the National De- fense highway crossing of the Alex- andria_branch of the Baltimore and Ohfo Railroad in Bladensburg Sep- tember 12 last. The jury recom- mended to the court, Associate Ju: tices Joseph C. Mattingly and W. M. Loker, “extreme mercy” in passing sentence. Lee was a crossing watchman. | High Schools ANCIAL. Navy Will Give MacMillan Party Official Send-Off Assistant Secretary Rob- inson to Take Part in Exercises at Boston. Assistant Secretary Robinson will represent the Navy Department at exercises attending the sailing of the Peary from Boston, June 17, when the | MacMillan _Aretic expedition, under wuspices of the National Geo- haphic Society, will leave for the r North Mr. Robinson, with Donald B. Mac- Millan, head of the expedition, expects [to fly from Squantum, Mass., to Bos- ton for the exercises in one of the | three amphibian planes which will be used by the party in exploring_vast is of the Arctic. Later n will proceed in one of them set, ‘Me., will put in for supplies and be joined by the Bowdoin, the second ship of the expedition. of the planes will be taken and carrled in the hold of the y, and the other, in which Mac- an will fly to Wiscasset, will be | put aboard at Wiscasset and carried 1h, Greenland, on the deck, with y the wings removed. FOUR SCHOOLS LIST GRADUATION MONDAY Business, Columbia, Hine Shaw Set Hour for Com- mencement Exercises. and Business Columbia, High School and the Hine and Shaw Junior will hold commence- 1t exercises Monday e graduation exerc vear class at Business at 10 o'clock the morning, while those for the four-year class will be held at 8§ o'clock at night. Stephen E. Kramer, first assistant superintendent of schools, will pre- side at the two-year class ceremo- nies, and Capt. Julius I . Peyser, mem- ber of the Board of Education, will be the presiding officer at the four- year class exercises. Columbia_and Hine Junior High Schools will hold their commence- ments at 2 o'clock in the afternoon. Shaw has scheduled its ceremonies at 8 o'clock at night. Harry O. Hine, secretary of the school board, will preside at the Columbia commence- ment, and Edwin C. Graham, mem- ber of the board, at the Hine com- mencement. Mrs. Coralie F. Cook will be the presiding officer at the Shaw ceremonies, while Rev. F. I. A. nett will present the diplomas. Both are members of the school board. VETERAN DIES SUDDENLY. Allen J. Redmiles Operated Upon Eight Times After War. Special Dispatch to The Star. UPPER MARLBORO, June 12— Allen J. Redmiles, a telegraph oper- ator in the Signal Corps during the World War and a member of the well known Redmiles family of Prince Georges County, died suddenly yester- day at 1033 B street northeast, Wash- ngton, where he boarded, aged 36 years. While in France Redmiles received a severe arm wound, which had re- quired eight operations. It is thought that these operations, combined with the unprecedented hot weather of the past week, weakened his heart. Fu- neral services will be held tomorrow morning _from Trinity Episcopal Church, this place. Pallbearers will be selected from a Washington post, American Legion, of which he was a member. He was born near Upper Marlboro. Surviving are three sisters and two brothers. WOOL MARKET ACTIVE. BOSTON, June 12 (Special).—The raw wool market continued active today, with fleece wools in the lead. Delaines have sold at 53 cents, greasy basis, in small quantities, which is equivalent to $1.32 clean basis. Half- bloods have sold at 50 cents and three- eighths hloods at 49 cents. WEEKLY COTTON REPORT. LIVERPOOL, June 12 (#).—Weekly cotton statistics: Total forwarded to mills, 72,000 bales, of which Ameri- can, 54,000. Stocks, 760,000 bales: American, 527,000. Imports, 36,000 bales; American, 13,000. Exports, 9,000 bales; American, 3,000. HOG PRICES ADVANCE. CHICAGO, June 12 (Special).—Hogs furnished the feature of today's live stock market, advancing as much as 50 cents in price for some classes, a: cattle and sheep resained practically unchanged. Choice heavy butchers sold at 12.50 to 12.60 and most pack- ing hogs sold at'11.25 to 11.60. WINNIPEG WHEAT BREAKS. WINNIPEG, June 12 ().—Wheat prices continued to sag today, carry- ing_the July future to 1.73, a decline of 5lc from Thursday's close. Octo- ber underwent a similar dip and drop- ped 4% at 1.41%. NEW YORK METAL MARKET. NEW YORK, June 12 (#).—Copper steady; spot and nearby, 13%; futures, 13%al13%. Tin easy; spot and futures, 55.12%. Iron steady, unchanged. Lead easy: spot, 8.25a8.40. Zinc easy; East St. Louls spot and futures, 6.95. Antimony spot, 16.75. ses for the will be TODAY’'S MONEY RATES. NEW YORK, June 12 (#). —Call money steady; high, 3%; low, 3%; rul- ing rate, 3%; closing bid, 3%; offered at 4: last loan, 3%; call loans against acceptances, 3%. Time loans steady; mixed collateral, 60-90 days, 3%; 4-6 months, 3%a4; prime commercial pa- per, 3%a4. FOREIGN EXCHANGE. (Quotations furnished by W.B. Hibbs & Co.\ Nominal Selling checks sold valug, L London, pound. $4.8665 $4.86 Montreal, dollar T0Q " C Paris, franc. E Brusséls, franc .. Berlin, mark . Rome, lira . Vienna, crown . Budapest, crown’ . Prague, crown . Warsaw, zloty. ... . Copenhagen, _crown Christiania, crown, NEW YORK, June 12 (#)—For- eign exchanges steady. Quotations (in cents): Great Britain, demand, 485 7-16; cables, 485%; 60-day bills on 481 7-16. 'France, demand ¢ cables, 4.85. Italy, demand, 3.95; cables, 3.95%. Demand: Belgiur:, 4.74; Germany, 23.81; Holland, 40.13 Norway, 16,85; Sweden, 26.73; Den- mark, 18.84; Switzerland, 19.41; Spain, 14.58; Greece, 1.69; Poland, 19%; Czechoslovakia, 2.96; Jugoslavia, 1.7 The accident occurred at 2 a.m., the wvictim being caught between the auto and a passing train. . Austria, 14%; Rumania, 46%; Argen- tina, 40.00; Brazil, 10.85; Tokio, 40. Shanghai, 7 Montreal, 99 6364, where the Peary | THE ALF HOLIDAY MAY CUTMARKET SALES Wholesale Trading Rather Quiet Today, With Few Price Changes. Tomorrow's beginning of the half- holiday season for Government work- | ers is expected to affect the local mar- ket. While cottagers among them will need supplies to last over Sunday, there are many of the vacatlonists who will spend their holiday at resorts, jenabling them to eliminate their usual |week end buying. Buying was not unusually brisk this morning. Poultry was in demand by |many of the cottagers, and other food- istuffs also were purchased by sith persons. Many, however, especially se who have Summer homes at {watering places, are sald to depend largely upon marine products from the waters near their recreation places for food during their week end outings. Prices this morning were substan- tally the same as those reported yes- terday. Today’s Wholesale Prices. Butter—Fancy, tub, 51; prints, 52; store packed, 0. Eggs—Fancy, selected, candled, 33; average receipts, §2. Poultry — Alive, Spring chickens, , 4dad Leghorns, 35; heavy fowls, . 15; keats, 40 to 75; turkeys, 2! geese, 12al5. Dressed, Spring chick- ens, large, medium, 48a50; small, 5; turkeys, 30; ducks, 20; geese, 15. Live stock—Calves, 83 to 10; lambs, Spring, 1313a14; hogs, 12. Meats—Beef, 1 ho, Ia Tof market report on fruits bles (furnished by the Mar- ket News Service, Bureau of Agri- cultural Economics) said: ‘antaloupes—Supplies _liberal s, jumbos, 5.50 mand light, market slightly W Virginia, Norfolk section, hotbed stock, bushel hampers, fancy, 3.00a 3.50: chofce, 1.75a2.00; North Carolina, bushel hampers, No. 1, 2.00a2.50. Lettuce—Supplies light; demand moderate, market steady; New York, ordinary to_ fair quality, dozen crates, Big Boston type, 1.75a2.25. Peaches—Supplies ~ light; _demand good, market steady; North Carolina, 6s. Red Birds, medium to large sizes, 14.5025.00; small sizes, 3.50a4.50; Ale> | 4.50anders, medium to large size: few higher, small size ; 'some ordinary condition, Tomatoes Are Cheaper. Potatoes—Supplies moderate mand moderate, market firm: new stock, North Carolina and Virginia, Norfolk section, cloth-top stave bar- rels, Irish cobblers, U- S. No. 1, ordl- nary condition, 4.00a4.25; few best high as 5.00. Tomatoes—Supplies liberal; demand good, market weaker; Mississippl, 4s, ripes and turning, wrapped, No. 1, 1.6 0; some ripe low as 1.40; No. 2, 1.40a1.50. Watermelons — Supplies moderate; demand moderate, market about steady; sales direct to retailers; Flor- ida, Tom Watsons, 28-30 pound aver- age, 1.00al1.15; 26-28 pound average, 90a1.00. Bean Market Steady. String beans—Supplies moderat demand limited, market fairly steady Aucth and South Carolina, bush hampers, green best, 2.00a2.50; some ordinary condition low as 1.00; Vir- ginia, Norfolk section, bushel ham- pers, green, mostly 2.50. Peppers—Supplies light;: demand good for good stock, market steady; Florida, crates, fancy, 4.50. Squash—Supplies night; demand light, market steady; North Carolina, crates, white, 1.75; bushel hampers, white, wrapped, 2.00. Dewberries—Supplies light: demand moderate, market fir orth Caro- lina, 32-quart crates, 4.50a5.50, mostly 5.0025.50; few poor condition low as 2.50. LARGER WHEAT YIELD IN EUROPE FORECAST ROME, June 12 (P).—Cereal crop prospects for Europe at the begin- ning of June were promising, the yvield of wheat being expected to exceed that of last year and perhaps be above the average, says a bulletin issued by the International Institute of Agricul- ture. The crop forecast for the United States is not so favorable, belng es- timated at 24 per cent less than in 1924 for wheat and 16 per cent less than last year for rye and oats. It is indicated the barley harvest will be 9 per cent more than in 1924. er; ) WILL CALL IN BONDS. NEW YORK, June 12 (#).—Advices received In the financial district from London states that directors of the Dunlop Rubber Co. plan an offering of 65,000,000 pounds sterling in new debenture stocks next week and re- tirement of the American 7 per cent bonds. COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY JACKSONVILLE, Tex., June 12.— Nine iced express cars of tomatoes were loaded here one day this week, eight going to St. Louis and east and one to San Francisco. This was the first solld train of refrigerated to- matoes in the history of the industry in east Texas. JERSEY CITY, N. J., June 12.— The Hazeltine Corporation, which con- trols the patents on neutrodyne radio receivers, reports that for the first four months of the year 129,630 neu- trodyne sets had been sold and that there were now in use over 500,000 of this type. BOSTON, June 12—Sales of the United Drug Co. for the first five months of the year have been run- ning 10 per cent ahead of those for the early part of last year. May sales were the largest in the company’s history, aggregating $6,000,000. NEW ORLEANS, June 12.—The Great Atlantic & Pacific Tea Co. will open 66 new stores here, the first being put into commission early in July. The chain of 16 stores operated in Louisiana, Texas and Mississippi ‘will be increased to 360 in the next 18 months. UVALDE, Tex., June 12.—The Texas Spring mohair clip this year totaled about 4,000,000 pounds, as compared with 8,000,000 last year, when Texas produced 80 per cent of the total output of the country. PHILADELPHIA, June 12.—The worsted yarn market is continuing to improve, and the men’s wear trade has been buying for requirements well in advance. Some ‘spinners are Iholding for higher prices. small, | a18; veal, 17; Spring | EVENING STAR, WASHINGTON, D. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN. Speclal Dispatch to The Star, NEW YORK, June 12.—The long- awalted rise in ofl shares appeared definitely under way today. Humble Oll was a feature, gaining over 2% points despite the fact that it was selling ex the 30-cent quarterly divi- &nd. Standard of Kentucky, also ex $L practicylly retraced twice the amount which came off the selling price. Prairie, Standard of New York. o and (¢ cuum were anywhere alf point to 2 pot o the previous final. R NEW YORK, June 12—Following Is an official list of bonds and stocks traded in on the New York Curb Market today: Sales in thousands. Sum Toh 7343 Roll Mills' (% s A0 wi is C 7s D. 5 s 10 Deere & Co 7%3 10474 5Dt City Gas 6s106% 1 Detrojt “Ed " os. .. 121% 5s B Wi 09 lop T & R 7s 1 d Sugar 6s 83 Rogt 7. . Lo 1054 1 Gult 0 Corp 1 Hood Rubbe are’ 01l Co 6358 Seli'e RE 1 pf 0s w1 1Stand G & E 6% ansco O 7s.. Thyssen 1&St L 7s Rub S Rub Rub Rub 63 '30 Gias 6iss Biss 3 Webster M1 6345 FOREIGN 3 Alpine Mo 8 7s_. BEs R R France 78 19 Krupp 1 Mor B 1R of Peru 8s 36 Russ G 635 em & Hal Govt Govt 5las llle % 7s 00% Sales STANDARD OIL ISSUES. in units 700 Anglo Am Oil 200 Cheseb M ex div 21800 Centl Ol new 30 Cumberland P 400 Gal Sig Oil. ... 17700 Hum O & Rex d 1011 P L 4200 Imp O of Can nw 12000 Inter Pet C Ltd. . 130 Magnolia Pet 200 Penn Mex Fuel Washington Stock Exchange SALES. Washington Gas 8s '33—$1.000 at 103% . Capital Traction Co—10 at' 95%. 10 at 85%. 10 at 95%. 10 at 957%. 10 at 96. 10 at 96 Riggs National Bank—10 at 345. 5 at 345 ston Monotype—3 at 83%., 2 at 83%. tional Mige. & Inv. pfd—40 at 9%. 50 at 10, 10 at 10. AFTER CALL. Commercial National Bank-—10 at 174 Lanston Monotype—10 at 83%. Wash. Rwy. & Elec. 0 at 124 Washington Gas 6s UNLISTED DEPARTMENT. Chapin Sacks 8s pfd—10 at 97%, 10 at 97%. Money—Call loane. 5 and 6 per cent. Bid and Asked Pric:s. BONDS. PUBLIC UTILITY, i American Tel. & Telga. ds.. . American Tel. & Telga. 4%3 Am. Tel. & Tel. ctl. tr. 58 Am. Tel. & Tel. conv. 8s. ‘Anacostia & Potomac 58 Anacos. & Potomac Fuar. C. & P. Telephone 5s. . Telephone of Va. b Capital Traction R. R. b8 City & Suburban 5a.. Georgetown Gas 1si 55’ Potomac Elec. 1st 58 Potomac Elec, cons. Potomac Elec. 6s 195! Pot. El. Pow. & m. Wash.. Alex. & Mt. Waeh. Alex. & Mt. V. cf Wash., Balt. & Ahnap. 5s. Washington Gas bs. Washington Gas 6s.. .. Wash.. Rwy. & Elec. Wash. Rwy. & Elec. gen. MISCELLANEOUS. Pot. Joint Stock L'd Bk 5s.. 101 Rigis Realty (long) bs. Rigws Realty 5s (short) Southern Bidg. 6Y%s. . Wash. Mkt. Coid Stor: \Vardman Park Hotel STOCKS. PUBLIC UTILITY. American Tel. & Telga. Capltal Traction Washington Gas . Noriolic|& Wash. Sieambo Wash., Rwy. & Ejec. com Wash. Rwy. & Elec. pfs Terminal Taxi com NATIONAL BANK. National Capital Columbia - Commerciai . District Farmers Federal-American Liberty Lincoln National American Security & Trust. gond;fl::l ks . oie Bank: s N::fmxnl Sa‘v‘mn & Trust. RilMingion Loan & Trul SBAVINGS BAN Commerce . . cees B v, & Commercs Seventh Street . . United States. v ‘Washington Mechanic FIRE INSURANCE. American . Corcoran . en's, ” Rationa "Onton. . . TITLE INSPRANCE. . 8 Columbla - 15* Roshare an fergenthale: National Mtge. 3 Old Dutch Markst com.... 0ld Dutch Market ptd. Lanston Monotype. The independent group was featured by a heavy demand for Sun Ofl, Gulf of Pennsylvania, American Maracaibo, Reiter-Foster and Red Bank, the last named advancing another 4 points in addition to the 6-point rise of Thurs- day. Other parts of the list were not nes- lected. Chrysler Motor had one of its characteristic run-ups, gaining 6 points at 121. Buying of Music Mas- ter accompanied the report that a contract had been drawn up with an- other radlo concern which virtually combines the two organizations. De Forest also did better. £8 308 O Ohio pfd. 3800 Vacuum Oil Sales INDEPENDENT OO in hdrds, 34 Am Maracaibo C 16 Am Contl Oil ® o < 2 it Serv 30 Columbian 22 Creole Synd 7 Crown Cent Pet.. 7 Derby O & R. 3Derby O & R FEREE W ) [ PR o EaSaams 1 e 2 2 2 Panuco Prod R ERREREER i S08eitReaREiEnEEazaiZouiunBorr B aBeane thwest Oil 1 Ohio Fuel 10 Peer Qil_C 13 Pemmok o 19 Perter Fosger. . 4 Red *Dank 0L . 9 Roy Can O & R Ryan Con .. 2 Salt Ck Cona. 49 Salt Ck Prod.. 198 Sun Oil wi . 13Tide W O Cn wi 7 Venczuelan_ Pet... 4 Wilcox 0&G new Woodley Pet POl FEE FEEF SREE FF R PRR RER SRR Bwns o Duiows ot o Sofe888e 08 EE ERvacifontiBoriirE s ano cwiz SVEE s @ @ 2 WEE 2 REEEER 1 Adirond Pow . 3 Adirond Pw pt 12 Am ' Ciga 1043% 181% L & Trac pf 100 100 IP’U "-li nt'"‘ ""2 59 o & 1, 'pte Rayon Prod Superp A Suber) &'CB Vi 1 Arm & Co ptd Asso Gas El Alt Fruit o 4 Boissonnauli 6'¢ 5 Bord & C new 33 Bord & C'rtx Botany Cons M B Schwarts A 6 Bridgeport Mech 5 Bklyn City R R Brown & Wmn B s 0t ERabe 21! ‘entrit Pipe Chapin Sacks Co Chatterton & Son Chic Nip A Childs Co pt 23 Chrysler Mot 3 Cleveland_ Auto.. 18% Com' Power Corp 1 Com Power C p 25 Com P C new wi & 175 Com Pow C wis. 6! 23 Cons Gas Balt n. 4 29 Cont Bak A ex-d. 13 558 Cont Baking B. 10 Cont Bak pf ex-d 1 3Coty Inc... 3 Cuba Co'* 1 Cartiss Aero I De D > o ¥ =% B it 1 st SR B oo it e e EEHE R SR - B FHEt P ettt ] BRFFRE ¥ e 9 5B e Durant Mot Du Pont Motors. . Duz Co A. . Bd & Sh 'pfd. 10: Bd & Sh n cor 6 Invest Inc. .. lec Auto Lite . 7 Eureka Vaca Co. 50 E&W G 5.10-25: A3 Ford Mot'Co Can 490 Frank HH Mfg C Freed Eisem R C Freshman Chas. - Gab Snub Mfg A Garod Corp _ . e 120 FEAR FR SR 19 FaiE » s 200 e s B i ! o Gen Outd A C Gen Out A C vi Gillette S R.. .. Glen Ald 23 Goodyear Ti T 18 Grennan_ Bak 3 Grimes R & C'R 1 Happiness C St A 8 Hazeltine Cor . P S Tnter Cont Rub. . it Siah '€ g nil Mate) 3 Jones Radio .. clvinator Co. Kraft Cheese .. L Tor Bt 1st ptd Leh Pow_sec vie 143 Lehigh Val Coal A2 Lenigh Yal ¢ NC 41 FOE RS PR T R Iy o DTS e HE R k- S e ol eeBoneke e Banans 53 SR L 8L St e SRR a R BB L R S s R AT N 3ER G i‘ W S FE Mid West Util: ] Mid W Util pfd. Mid W U Rta. .. Midvale Co Motion Pic C usic Master C. at Pub Coc A.. at Pub Soc B. P = S bt Mesabi Iron b M Cr ) FEEE A iz o0 i Sewk Bhsarrars a 12 RSERBREE, I % FER O F . 28 ew Eng T&T € Y Tel Co ptd. 1 ick Pl new wi et it o & 1% Nor Sta P C pfd 6 Nor Sta P C war 3 Nor Ont L & P.. 2 Omni C v t cfs Oppenheim Ce 12 Pathe Ex Inc A. 71% 3 Penn Wat Pw Co 145 11 Pow Corp of NY b52% 52 ilratt & Lamb C 42% 8 Purity Bak B... 43 9 Rem Noisel TC'A 44 5 Reo Motor % Singer Mte 24 Singer Mg 24 Serv_Elec_Cor A 6 Ser Elee Cor UR 19080 C & I new.. 1SEGas & P A w 2 Southeast B & % EEEE ARt *® a,.,_- Eam s Fazuere. ous S& SREsE TR ER F FRE ORR FER L T Ftiteteb g D DD A DD 3 2 w3y 1o 2 O B 3D RS #ER @y 3 2 e S Lt & Ht pt c Talk Mach. . are Radio 9 Warner Bros est Pow .. ost Pow pfd h Ro M S new RMS vie .. &C A rew wi Taxi C N Y MINING. 30 Ariz Globe C .. 26 Canario Copper. 13 Chino Ext Mines 2 Cons Cop Mines 1Ene G M Lidl 60 Eureka _Croesus 7O First Th G M. 10 Forty Nine M.. 13 Hecla Mine ... 10 Jerome V _Devel 156 Kay Copper Cor n n t ni cgigoc 3 zisme S o on 2333333 o PEE Rt IR EEORGE R OIS R R E e W FTHE RE NN F AN BRIk B Rt n o R a5 nms He A IE MmN D WE IR R e s % B -< el i ascsmonig s o 5 R iobo i i SrrnBES S Biomabt iguton s S5 Eenal & ORRER FTEF EE L iotabed e : R TR RO ey obs! S ) o EE R OR TR 10U S Contl, 6 Unity Gold . 4 Utah Apex .. 46 Wenden Cop 10 West Utah . - Rl BN Fuoo aOR TE R $30,000,000 INVOLVED IN OIL TRANSACTION NEW YORK, June 12 (#).—The oil trade understands that the proposed sale of properties owned by the Waite Phillips Co., to the Mid-Kansas Oil and Gas Co., subsidiary of Ohfo Ofl Co., involves about $30,000,000. Con- summation of the deal would inaugu- rate retail marketing by Ohio Ofl, ‘Waite Phillips has marketing facil- ties in Oklahoma, Kansas, Missouri, Arkansas and Iowa. PRI Besides having a woman in the.cabi- net, Denmark boasts of nine woman members of Parliament, C, FRIDAY, JUNE 12, 1925. RAILROADS FACING YEAR'S HUGE STRAIN Harvesting of Fruit and Grain Has Begun—Thousands of Cars Re uired. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, June 12.—The rail- road trafic of the country is ap-! proaching its peak for the year and | a widespread call fs going out for train crews and cars, especially cars. The agricultural shipping season is on, harvest time is here and shippers and transportation men are sitting in conference over the annual prob-: lems of moving the fruits of the soil in a manner that will mean profit to both. ‘Thousands of cars are being col lected on side tracks to move grain, but the real problem is the supply of refrigerator cars to carry fruit and vegetables to American tables in lo- calities where these products are not ripe or not produced. Enormous Shipment Ahead. C. J. McDonald, superintendent of perishable freight for the Southern Pacific, one of the heaviest handlers of perishable products, estimates that between 15,000 and 18,000 carloads of deciduous fruits and between 70,000 and 75,000 carloads of grapes will be shipped eastward from California alone this year. Cantaloupe shipments are already moving from the Imperial Valley at the rate of 400 carloads a day, and the peak has not yet been reached. The total for the season is expected to overtop 16,000 cars. This crop, coming on the market at a time when there is little competition from other sections, is the largest sin- gle melon crop in the United States. At the same time thousands of carloads of grapes will be moved from California. Thousands of cars of peaches and other fruits are com ing from Georgia and other Southern States, the vegetable crops of Texas and the Southwest are moving to market, and the berry yield is being expedited to northern and eastern climes. As the season goes on the movement will become heavier instead of lighter. Harvesting Already Begun. The wheat harvest is in full swing in the Southwest, the tree fruits are ripening, and must be handled expe- ditlously, and the wool and live stock movement is gaining headway. The problem is not so much one of loading and transportation as of get- ting back the cars for another trip. Rallroads in the Northern regions are being bombarded by requests for re- frigerator cars. The strain upon the roads is shown by the fact that ship- ments of fruit and vegetables in this country have increased approximately 80 per cent since 1918. Much of the increase js due to the cantaloupe and the grape. New' Plan Discussed. So great is the volume of fruit and vegetable traffic that plans are r ported from Philadeiphia for a $7,000, 000 corporation to handle Pacific Coast fruit shipments by way of the Panama Canal in refrigerator ships and redistribute them by rail from Norfolk and Philadelphia. The con- cern, which probably will be known as the Atlantic and Pacific Fruit Express, has already acquired two vessels from the Shipping Board—the President Fillmore and the Susquehanna. RELIEF IS DOUBTED IN RUBBER MARKET Experts Say Dutch East Indies Cannot Help Cut Prices at Present. Special Dispatch to The Star. NEW YORK, June 12.—Importers and dealers in crude rubber here ex- pressed the bellef today that deter- mination of the Rubber Association of America to enter into negotiations with the Dutch government to ar- range terms for the investment of American capital in growing rubber in the Dutch East Indies would yield no immediate relief from high rubber prices. They sald they expected far more satisfactory resuits from reduc- tion of inventories and the number of types and sizes of tires and reclama- tion of used rubber. The Dutch rubber growers, they pointed out, have not been a party to the British restriction of production plan, but some of the Dutch growers :\A::e voluntarily followed the British ead. FIXING STINNES AFFAIRS CHECKS BOURSE FLURRY Berlin Situation Reported More FINANCIAL. August Belmont’s Exchange Seat Brings $110,000 Indications That Estate Will Fall Far Below $50,000,000. By the Assoclated Pre NEW YORK, June 12.—One of the last remaining assets oi the late August Belmont, his membership on the New York Stock Exchange, was sold yesterday in the course of liqui- dation of his estate to George Degen- er, jr. The price was $110,000. The | last previous sale of a stock exchange seat was for $100,000. It has been reported that the assets discovered by the executors will bring at public sale far less than the estimate made by Mr. Belmont's wealth at the time of his death. At that time it was estimated that his wealth was about $50,000,000. Accu- rate estimates are impossible because the estate has only been partly liqui- dated. An associate of Mr. Belmont states that the sale of his stables and horses | brought more than $1,000,000. —_— PRICES HARDLY MOVE IN COTTON MARKET Liverpool Cables and Rain Reports Chief Factors—Goods Sales Better. By the Associated Pre NEW YORK, June 12.—The cotton market opened steady today at an ad- vance of 1 to 8 points, generally 1 to 4 points highez, in response to steadier Liverpool cables and failure of early weather advices to show any rain where most needed in the Southwest. A private crop report estimating a condition of 73.7 as of .June 6, com pared with 75.2 two weeks previously, promoted buying after the call which sent the price of October up to 22.58, or 6 points net higher. It was pointed out, however, that there had been beneficial rains in some parts of the | South. New York cotton futures closed quiet at | net declines of 5 to 10 points, | December January Mareh s Opening: January, 22.90; 22.49; Degember, | New Orleans Quotations. NEW ORLEANS, June 12—The cotton market was featureless at the opening today, with first trades at a 3-point gain to 1-point loss, which s y after extended to 4 to 8 points with July at October, and December, E sts of unsettled weather for the week end sed the weakness. Ad- vices from the dry goods markets were more favorable. New Orleans cotton futures closed steads at net 20 points up to 7 poi July .. October ", December January March Open; July, W., B. & A. ISSUES REACT AFTER SHARP ADVANCE Withdrawal of Support Follows Dropping of Talk About Purchase. Special Dispatch to The Star. BALTIMORZE, June 12.—Washing- ton, Baltimore & Annapolis Electric Railway stocks and bonds, which re. cently were much in the limelight, ow- ing to reports that new interests were seeking control of the property, have been relegated to the rear in the trading on the Baltimore Stock Ex- change. The feeling in the financial district is that the prospective deal is not off, but that the interests which wished to buy the property, or at least a sub- stantial block of the stocks and bonds, have decided to await more favorable opportunity before renewing negotia- tions Meantime, the withdrawal of sup- port has caused weakness in the is- sues, with the result that the bonds are down about 6 points and the com- mon stock about 3%z points from the recent tops. UTILITY CONCERN SELLS $4,600,000 IN BONDS CHICAGO, June 12 (#).—Announce- ment is made here that the Central Tllinois_ Public Service Co., largest of the Middle States Utilities o.’s operating companies, has sold $4,600,- 000 first mortgage and refunding 25- year 5% per cent gold bonds, series D, to Halsey, Stuart & Co., Inc. A sub- Favorable as Bankers Pledge Support. BERLIN, June 12 (®).-—The Bourse apparently has recovered from Wed- nesday’s flurry, and a firmer tendency featured yesterday's trading. There were liberal foreign orders and local banks also participated in the buying. Financiers believe the effect of the recent Stinnes crisis has been dissi- pated and that the general credit stringency has been eased. The Stinnes obligations abroad were estimated at 40,000,000 francs, which it is stated will be renewed, as the German sup- porting syndicate has assumed re- sponsibility for them. BIG CROPS EXPECTED TO AID BANKRUPT ROAD CHICAGO, June 12 (#).—Crop pros- pects along the Chicago, Milwankes and St. Paul Railway, now in receiver. ship, were declared today by Harry E. Byram, one of the receivers and president of the road before the re. ceivership, to be looking good. As a result of the crop situation he said that if there is no setback there is bound to be a Deriod of pros- perity in the Northwest this Fall. $3,600 SHARE OF STOCK NOW WORTH $54,000 NEW YORK, June 12 (#).—The re- cent placing of the First National Bank stock on a virtual 100 per cent dividend basis has aroused the inter- est of Wall Street statiticlans. One authority figured out that a share of stock bought for $3,600 in 1900, prior to the distribution of the 1900 per cent stock dividend in 1901, would have received $22,220 in cash divi- dends alone, and would now have an investment wor th $54,000 at the market. —_— Your Banker Knows. When in doubt about a security consult your banker. It equally as much his interest as yours to pro- teét your .mavings. You -trust him wWih your deposits—why not - trust bim with your investment problemar stantial part of the proceeds will be used for refunding securities. SILVER FOX HIDE SELLS FOR $145 AT AUCTION WINNIPEG, Manitoba, June 12 (#). —Prices announced for the Winnipeg fur auction, which closed yesterday, included wolf peits, $10 to $20; red fox, $10 to $16; low and rubbed red fox, $1 to $6, and silver fox, $60 to $100. Cne silver fox hide brought $145. The next session of the auction is Au- gust 18. -— TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) = - ‘WESTERN UNION'S INCOME. NEW YORK, June 12 (#).—Gross revenues of the Western Union Tele- graph Co. for April gained more than $800,000 over April of last year, the total of $9,873,543 comparing with $9,036,171. Operating income was $1,200,086 against $1,118,759. For the first four months of 1925 gross in- creased $2,640,000 to $38,453.600, and operating income gained $551,700 to $4,569,229. DIVIDEND ON PACKARD. DETROIT, June 12 (#).—Directors of the Packard Motor Car Co. have declared a quarterly dividend of 1% per cent on the preferred capital stock of the company, payable Sep- tember 15. BELGIAN LOAN TAKEN. NEW YORK, June 12 (#).—Sub. scription books on the $50,000,000 Bel- gian loan offered today by J. P. Mor- gan & Co. were closed 15 minutes after the opening. Under a new sys- tem adopted by the Morgan firm, al- lotments will be based, as far as pos- { through va |crease of n “ o BUILDING BOOM ON INSTATES IN SOUTH Work Being Pushed on Roads, Bridges, Houses, Hotels and Power Plants. Special Disprtch to The Star. BALTIMORE, June 12.—Contracts awarded for building and other con- in the 16 Southern States for the first five months of 1925 amounted to $3 41,500 cording 1o compilations ‘from reports published in the Manufacturers’ Record. For the corresponding period of 1924 awards for similar work totaled $289 700,000, and for the first five mont of the preceding year the total wa $255,271,000. Contracts let in the four weeks of last month amounted to $68,910,000, compared with $77,046,000 for the same month of the preceding year and with $54,285,000 for May, 19 Roads, paving and bridgework hold first place in the amount of money involved, the total for contracts let for this class of work, January te May, inclusive, being _$81,900,000. Awards for apartment houses and hotels amounted to § 000. Next comes contracts for miscellaneous en- terprises—including warehouses railway electric pla projects not the other clas to $46,370,000. Awards for bank and office bullding construction to the five-month period totaled $45,890,000. U. S. SUES 120 FIRMS; MONOPOLY CHARGED Restraint of Trade by Tanning Concerns Alleged in Action Taken in Chicago. S ly covered in ifications—amounting By the Associate: CHICAGO, monopoly commerce ed suit here 5 partner- s and 39 individuals leged cc to the Government erned by the Tanners’ Products Co. and .the American Hair Felt Co., ious contracts and agree- ments with lesser cerns throug out the count LUMBER TRADE SHOWS MARKED INCREASES Business in Weekly Gain and 85 Per Cent Ahead of Same Period Year Ago. according on, is gov- ase in new busi- ending June 6, 2 cent over about 35 per 1ding week of the precedin over the corres has been accompanied by an in- n; Tu er production for 1925 to date over like period of 1924, according to the weekly state- ment of the National Lumber Manu- facturers’ Association issued here today. Shipments are large as last year business exceeds iast vear's by ap- proximately a full week's production of the principal lumber mills of the untry 24, now virtually as Cumulative new How are your dollars employed? Let us assume they are de- posited in a savings bank where they earn 3% interest. True, your money is working, but it is doing only one-half the work of which it is capable. Can you afford to lose the 3% or 31%% that is rightfully yours when your dollars are in. vested in our 622% First Mortgage Notes? Consult C. L. O’Donnell, Mgr. Mortgage Department AFRITZ COMPA Realtors Phone Service Unt 14th & K 9:00 P.M. Main 9080 Needing a House Maid? A Star Classified ad will bring you a host of responses — from among which you can make satisfactory se- lection. You can be sure a Star ad will reach the attention of the best class of workers, for virtually everybody in Washington uses Star Classified ads when in need of help — and those who are seeking employment know it. The Star prints MORE Classified Ads every day than all the other papers here combined. “Around the Corner” is a Star Branch Office sible, on actual orders for the bonds from investors.