Evening Star Newspaper, July 8, 1925, Page 10

You'll Get Reliable GARDEN HOSE —if you buy here. We have dependable grades at— 12c, 15¢ & 18c Foot Light-Weight Raincoats, Bathing Caps, 40c up WHOLESALE & RETAIL Our Service is 100% Efficient Washington Rubber Co. New Store, 511 11th St. N.W. F. H. NICHOLS, Manager S 000 GRA NERGERDISOLVE Member Concerns of Farm- ers’ Co-operative To Re- sume Individual Trading. By the-Associated Press CHICAGO, July Grain Co., largest unit in the co-op- erative marketing venture of the Grain Marketing Co., moved today to re-enter trading on the Chicago Board of Trade in its old name. Officers of the firm framed applica- 8.—The Armour _ | tion for readmission to the board, and Special Train Service to the new AUTO SPEEDWAY (Near Laurel, Md) 250-Mile Championship Race 2:30 P.M. Saturday July 11 Special Train Service Direct to Speedway Leaves Washington (Union Station) o 10:30 AM.; 12:30 P.M.; 1:15 P.M, 1:30 P.M, 2:00 P.M. Returning Leaves Speedway 5:30 P.M.; 5:50 P.M.; 6 P.M.; 6:05 P.M.; 6:27 P.M.; 7:14 P.M. BALTIMORE & OHIO _! itsdangerous! | Stop the itching | and clear away | the trouble by using | A |Resinol Charge Accounts Invited Satisfactory Terms Arranged 1Don’t Go Vacationing Without a Good Dependable Watch Depend on R Co. to make Harris & dependable recommendation when you come in to make sclection R. Harris & Co. 7th and D Jewelers and Diamond Merchants for More Than Half a Century. |diana when the formalities are completed the company will take over all open grain contracts now in the name of the Graim Marketing Co. Rosenbaum Brothers Grain Co., a second unit in the proposed merger and a factor in the bankruptey pro- ceedings against Dean, Onativia & Co., also sought readmission to the ex- change clearing house in the old cor porate title. Formed Year Ago. The early unscrambling of the $26,- 000,000 Grain Marketing Co. into four graln companies from which it was formed a yvear ago had been an- nounced to banking creditors here and at the same time denied by officials of the farmers' co-operative concern. While bankers who helped finance the merger and who were responsible for the dissolution story said that the grain marketing heads were preparing to return the properties valued at $16.400.000 to the companies which entered the enterprise, Gray Silver, president of the concern, Insisted that the report was untrue and that it had until the latter part of the month to meet obligations to the vendors. “No proposition for breaking up will be considered, at least not before July 28, Mr. Silver said. Failure in Stock Sales Cited. Failure of the company to persuade enough farmers to buy stock in the largest farmers' co-operative project =) ever attempted was held responsible for the discussed dissolution. Under the incorporation contract, made July 28, 1924, the company was given a vear in which to sell stock enough to retire $4,000,000 worth of stock given in exchange for an advance for work- ing capital Mr. Silver's statment was seconded | by Emanuel F. Rosenbaum, export director of the company and one of the vendors of a merged company, and by John W. Coverdale, secretary- treasurer of the concern. Incorporated a Year Ago. The grain marketing company was incorporated a year ago, and had for its objective eventual control by farmer producers. The J. Rosenbaum Grain Co., Rosenbaum Brothers and the Armour Grain Co. of Chicago and the Davis-Noland-Merrill Co of» Kan- sas City, Mo., proposed to lease their properties to the co-operative company |and participate on a temporary basis as a board of managers. The American Farm Bureau' Fed- eration approved the plan and its offi- cers became incorporators of the co- operative concern. Some opposition de- veloped from influential agricultural leaders and farm journals. Recently the Illinois Agricultural Association | joined the opposition. Agreement Signed by Company. “_A month ago the Illinois Commerce Commission required the company to sinn_ an agreement with the Illinois Agricultural Association that it ‘would sell no more stock in Illinois before July 28, the date set for accounting with the merged companies. The In- Securities Commission also withheld permission to the marketing company to sell stock in Indiana, and application for permission to sell stock in Ohio was withdrawn. Announcement was made this week that the co-operative ‘company had disbanded its promotional forces and stopped promoting the stock. Banking interests, which advanced money to the concern a year ago for operating expenses, have been assured they would be fully repaid and the farmer-stockholders equity in the com- pany is fully covered by current liquid assets, officers said. CREDITORS TO BE PAID. Affairs of Federal Food Stores Ad- ministered by Corporation. NEW YORK, July § P.—An agreement was reached yesterday among creditors of the Federal Food Stores, the plan now being payment of 32 cents on the dollar to secured creditors and 10 cents on the dollar | to unsecured creditors. The financial consultant corporation will take over the assets of the bankrupt organiza- tion and administrate payments. Three brothers, Josef, Luis W. and Samuel Reiter, officers of the com- pany, have been sentenced to from 5 to 10 years each for grand larceny in connection with failure of the concern. HAROLD H. CLARK DIES. Was for Years Chief Engineer of Bureau of Mines. ELLSWORTH, Me., July 8 (®).— Harold H. Clark, 54, chief engineer of the Wico Electric Co. of West Spring- field, Mass., and for many years chief electrical engineer of the United States Bureau of Mines at Pitts- burgh, died here yesterday at the home of a sister after a long illness. Mr. Clark was a major in the Chem- ical Warfare Service of the Army. o Minstrel Dies. NEW YORK, July 7 (#).—Charles N. Greene, veteran actor, who rose to prominence through the “burnt-cork’ minstrel shows. died in Mount Sinai Hospital vesterday operation. after a major X Buttermilk Cools and Quenches Made Fresh Bvery Day. When you are “choking for a drink”—try a glass of Simpson’s Buttermilk—and see how completely it quenches the thirst and refreshes. both food and drink. It's still better ice cold—and is Sold by grocers—served at good fountains Simpson’s 530 7th St. S.E. K- X WALKER HILL DAIRY Milk Lincoln 1811-1812 KAISER’S GUEST GOES. Former King of Saxony Hopes For Wilhelm’s Return. UTRECHT, Holland, Julx 8 (P).— Former King Frederick August of Saxony has left Doorn after a three- day stay at the home of the ex-Kalser. Willlam, wearing a uniform of the Prussian Guards at a gala dinnez fs reported to have toasted his gfiest with the wish to see him re-estabfished on the Saxon throne. Frederick Au- gust responded that he hoped to see the ex-Kaiser again at the head of the empire. 20,000 IN U. S. NAVY JOIN KING NEPTUNE Equator Crossing By Fleet Brings Naval Leaders and Sailors to Sea King’s Rule. By the Associated Press, WITH UNITED STATES FLEET, SOUTH OF EQUATOR, July 8.—King Neptune, “ruler of the raging main,” yesterday received as subjects 20.000 officers and men of the United States $2.50 ROUND-TRIP EXCURSION TO SHENANDOAH CAVERNS SUNDAY, JULY 12th, 1925 Special Trainof First-Class Coaches and Parlor Car Leave Washington (Union Station) Leave Washington (7th Street Station) 9:00 A.M. .9:05 ALM. An unusual opportunity to see the beautiful Shenandoah Caverns, includigg the Diamond Cascade, Hunter’s Lodge, the Indian Wigwam, Rainbow Lake, Cascade Hall, Dome of the Capitol, Han;ing Gardens of Babylon and many other features Dinner and Refreshments Served at the Caverns Inn For Tickets, Reservations, etc., apply City Ticket Office, 1510 H St. N.W., or Union Station Southern Railway System 1510 H Street N.W. Phones Main 5633 and 7063 T l The Julius Lansburgh Furniture Co., 909 F St. |Mmm Navy, who submitted to his rule as they crossed the Equator for the first time in their lives and received their equatorial ducking. Preceded by ‘“his majesty’s scribe, Davy Jones,” Neptunus Rex boarded each of the 55 ships of the fleet, which is Australia-bound. The entire rieet paused in its southward journey a few took possession, just as the ships reached zero latitude—the Equator. Rear Admiral Robert E. Coontz and his staff, aboard the flagship Seattle, greeted Neptune, who also received the greetings of approximately half of the personnel of the fleet who had crossed the “line” previously and thus had become members of the Anclenc minutes _while the lord of the deep and Hard-Boiled Order of Shellbacks. (Qow/ Here’s luck— that buily good A Vacation Necessity Clean, Well-Pressed Clothes Travel and sport togs should be cleaned before and after vacation. Before, so you will look your best wherever you go. After, to remove auto and train dirt, to put them in shape for your next week end. We will lighten your go-away problem by sending any part of your order to vour vacation address. White Flannel Jacket, unlined Wool Suit, hight weight, plain. . . ...... Jersey Dress, plain knit Embroidered Shawl, 48x48 White Flannel Jacket Suit Quick Service Always FOOTER’S Cleaners and Dyers “For Fifty Summers Cleaners of Sportswear for Particular People” 1332 G St. N.W. Main 2343 i ™ T I T Summertime Furniture Needs Substantially Reduced Hickory Chair or ] 1 oz J—— 1 / ‘. - No Mail or Phone Orders efrige In K3 o 3-Piece Fiber Reed Suite A Permanently Constructed Fiber Reed Suite. Ideal for Summer porch, Comprises large Settee, Armchair and Rocker, decorated in blue and gold. Exceedingly comfortable, with loose cretonne-covered cush- ions and spring seat construction. - living room. K3 o Top=Icer “ALASKA” 3=Door “North Pole” Refrigerator $-1 795 Deferred Payments Comfortable Porch Rocker $3.95 Clearance Deferred * \§ & Ut \ A N / A l NZ N \ [2 INE T \\ /ML N Sale price Payments Qur Annnal July Clearance < 3 / i % %2 2 1-Piece Seamless' Porcelain-Lined Refrigerator 3=Door Hard - 0Oak Finish. ... 7) Child’s Lawn ' Swing, $2.45 N Comfortable 4-Ft. Porch Swing Couch‘ Hammock Ninth and F Sts. $4.95 No Phone or Mail Orders Convenient Deferred Payments Can Be Arranged 0 Phone or Mail Orders =k |Lawn 549 rators at Tremendously Reduced Pri Sale =% Fiber Rocker Cretonne Covered Back and Cushion No Phone or Mail Orders Kitchen Chair $1.% No Phone or Mail Orders Top-=Icer “North Pole” ‘ Refrigerator Enameled Bath Stool $1.00 Ne Phone or * Mail Orders Swing $7.95 No Phone or Mail Orders Ihe ofulius Lansburgh Surniture (3, Entrance 909 F' Si.