Evening Star Newspaper, July 26, 1925, Page 75

RESORTS. RESORTS. ASBURY PARK, N. J. RESORTS, ASBURY PARK, THE SUNDAY RESORTS. OCEAN CITY, MD. STAR, WASHINGTON, D. ¢, JULY RESORTS. OCEAN CITY. MD. AT ASBURY PARK, NEW JERSEY On the ocean front, bridged to the boardwalk promenade. New, distinctive, and very smart; vibrationless, sound-proof and fireproaf American Plan « Gnll Golf - Horeback Riding - Surf Descriptive Booklet JQHN 0. EVANS Managing Director Dancing rara¥errs | GJOTEL BLBION ASBURY PARK, N. J. of the er and apartments. JACKSON, Long one of the leading hotel h Jersey Coust Tub sho bachelor H. S Golf and tennis. Phone 1434. moder: whser Puacniront not d_cold ru HOTEL THEDFORD All'rooms with running water. Sultes with bath. Excellent table. HARRY DUFFIELD. capacity. 3u0; fully nning_wa WILDWOOD, HE resort of resorts for the right sort of summer seashore vacation. There’s the whole ocean to play in, with fishing, sailing and sports in inland water- ways, as well. There's golf—wonderful golf —on the 18-hole course of the Wildwood And the new $1,000,000 Golf Club. SAFEST BATHING BEACH s» SOWUTH JERSEY COAST Boardwalk, with the first section com- plete, and providing every type of amusement. Comfortable accommodations at many excellent hotels and boarding houses. Cottages, bungalows and apartments. For information, address P. H. JACKSON, Chai Adv. Comm. WILDWOOD BOARD OF TRADE WILBWOOD, . J. BREAKER!: Allroome hot & cold russiny Bathing priv. Garage. EDGETON L ¥ Cap. B0 Mawie” Dancy P 7. £ Simnamon, Mev WASHINGTON Central. Ocean view. Rumning water. Bathing priv. Music Dascing. E.J Sinnamon, Mgr "SA HOTEL YOU'LL RECOMMEND™ Fine each Exreptional {00d. Golf. Booklet. Private bath houses TOPHAM. Owners. WILDWOOD'S BEST MODERATE RATE HOTEL H=DORSEY P el e i Dancing. Risning water Frivate bacts ing Bo sen Botion: Gwnerebip muet. J. 8. Whi A i Biveseii FHotel Savosr | Beach front. ~ Open surroundings. Private "mfi & Running water. ~American plan. Gerstel Einest_location.” appointments apd service Golf, Booklet. ' A. MeMurray, Own. Mgr. SEACREST Central. Cap. 200. Running water. Pri. baths. Reasonable r W. Uneurpassed as to_comfort, con venience, service and_ atmosphere. American Plan JOHN V. SCOTT. Manager ARLINGTON | Free batbing | | cavich HOTEL DAYTON | DBLAW WATER GAP-PA The ideal accessible mountain resort hotel for an extended veek-end tour. Three hours from Phila. via Pennsyl- vania Railroad, 75 miles by automobile, all g00d Toads Capacity. 500. High, cool location, qiicent scenors. “¥inesl” appointed leading hotel 1n this region. $75.0 expended on interior fmprovements. Pri- Vate baths or running spring water with every room. — Excellent cui farms and dairs. Grill for tc Vators. Oreneatra. nightly da Norecs, Tennis. “Bathine, (Canoeingand all ‘water sports. Children's playground. WOLF HOLLOW GOLF CLUB adjoins Kittatinny Park. 18 holes. 6.400 yards. Championship Course. wonderful greens. zlmnr guests accorded every privilege. Write for booklet, auto mape, golf literature and Special 1025 rates for families and urists Bell phone 34 JOHN PURDY coPE ASTLE IN The Fireproof Hotel of Delaware Water Gap. Pa. 400. Private baths Fresh vege poultry. all dairy products from Cas. Inn Farms. = Tennis. Saddle horses. Dancing. Golf. ampionship Course. Booklet Leafereen Ye Highlands Blue Ridge Summit, Pa. Hotel and Bungalow Apart- ments. Tourists invited. Best Dinners on mountain, Popular prices. Garage accommodations. Atiractive rooms. Good beds. Mountain sports, Horse- back riding, Tennis, Golf. Swimming, Hiking part Week ‘end dance Radio installed. « Write for low rates and booklet. , PEN MAR. PA R PARK. WD, DEER PARK ~ MARYLAND AMERICA’S FINEST MOUNTAIN RESORT Highest and coolest location east of the Rockies. merican ¥lan u—hule course. Riding horsea. Two in mr swimming pools. Dane- ing every evening. ".6.00NCAR, N _HUGHL PN g " Braethorn Cotta e Opposite Park, Rates for room md board from $10 to S15 per week. _Mrs. C. W. RUDY. Kolb Cottage Home Cookinz. Reasonable Kates. Mrs. A, B. KOLB. Braddock Heis! e p 8 Yo B o Braado —ON BOARDWALK Hot and Cold Run- ning, Wator, ~ Pri- 6. “HOTEL HAMILTON J. L. MASSEY & SON. Spend a Day. You'll Hate to Go Auway. bliul\(ul and healthful resort on l ue Chesapeake Bay. near Shady acres of playgrounds, shady pacious house: over 400 feel nf ‘each room on outside, (lfll)‘ Iha | Chesapeake Bay resort. 32 milos iagrict 1ine: §0od roag Write for circular. Phone West bus. L\ucu\n Deitghiy " '“"éiwv Side, Ma & A Arundel House ; Washington, _Fishing. gxeslied home nonkmfi i iver 202-F-22. aul® d, Tel. West - HEROBOTH BEACH. DEL. . HOTEL HENLOPEN °‘ vates. Special rates tamilies. map. Pav e all way. beach. Best of Direc.iy on cnu.peuu Bas: 00 minuies from ‘.umu up- un aa | venient to parl | The Bon Aire The Mt. Vernon - G0 ees: Proprietor. Beautifully situate melike excelled._ Running_water i Five minutes from Mt. Forrest Inn &i7i.m"pics. ooy g et R accom. Mre. BELLE STOLER. PEN-MAR INN Booklet_on_ Re JORN . GIBBORA Tt Manager. Modern: homelike: home cooking, Booklet on reauest All outside rooms. Home cooking. Facing Dark. Meals o transients. C. H. MILLER, Comforiable, modern, homelike, large rooms, cs. ood meals:*water, [ rooms! 2 ents.Booklet. M Pll‘k View Leree. airy rooms: hot and cold park. water. Porcies overlooking Swings and hammocke on luwn . MRS. C. MIDDLERAD: HIGH (:ROUT’S HOTEL roCATion " Personal supervision of Mr. and JASONE CROUT. Write for rates and cirealar, Con- Buena Vista Springs, Franklin Co., Pa, A strictly modern hotel with excel- lent table and service. 100 private baths; capacity 500. Altitude 2,000 feet. Splendid roads, golf, tennis, etc. Open June 12 to October 1 JOHN J. GIBBONS, Manager. VIRGINIA BEACH, VA. THE WAVERLEY VIRGINIA BEACH, VA. Private bath, every comfort, modersta rates. _Booklet on request. Hotel Princess e on the ocean front at Virginia Beach, Va. Good Food and Excellent semm Surf Bathing l} olfing Christian_Clientele ’V"\,R” ANP NN “Finest and Safest Bathing Beach on Atlantic Coast” Reached by W. B. ¢ 4. R R. dnnavolis Ferry and B.. C. & 4. B. R. or Eastern Shore Iransit Invites you to take a trip from the I\znonzl Capital through historic Annapolis, seeing the United States Naval Academy, across th: beautiful Chesapeake Bay by ferry to the far- famed “Eastern Shore” Here Golf, Fishing, Sailing, Surf Bathing and many other sports await you. Relief for Hay Fever, Hotel Atlaatic. Plimhimm Colonial. Seaside . Shoreham Hastings e [ =< Ridewu Belmont Mt. Pleasant. Yrdriwild. For illustrated booklst. or Secretary, Board of Trade, hotels City, Ma. ASHEVILLE. N. C Breakers. . Capacity _ Hotel Capacity Ocean View Talbot Inn..". write direct to thess Ocean ASHEVILLE. N. C. KENILWORTH INN ASHEVILLE, N. C. the Land of the Sky; baving a free sweep of A real treat awaits you here. Fulchers famous Victor R ord Dance Orchestra plays five nights each week in Asheville every Wednesday night at Kenilworth Inn. Apply Roscoe A. Marvel, Vice President, Asheville, o8 MARYIL.AND N and about the cool stretches of famous Chesag everything for an interesting and thoroug| sum.mer vacaton. hing, sailing, canoeing, air dannng—and ho n%, 5 country. y satisfying bathing, tennis, shooting and open life with the added features of seashore and plendid concrete roads lead to Betterton from every section. For rates and information, address any of the following HOTELS and COTTAGES : Rarists take Capacity tio Hotel 40 4 35 25 T ekester Co. Ferry from Beltimars. PANORAMA Hotel—Cottages On Top of the Blue Ridge ‘Washington’'s Nearest Mountain Resort About 3 hours’ drive over Lee Highway. In the Center of the Proposed Shenandoah National Park Near Luray and Endless Caverns An ideal place to spend & va- cation or week end, where the air is always cool and refresh- ing, and the beauties of nature unsurpassed. J Individual cottages, rustic and original; horses, bridal trails, tennis, etc. For literature write Panorama ORKNEY SPRINGS HOTELS Orkney Springs, Va. Open June 15th ‘Washington's Nearest, Large, Moderate Price Mountain Hotel Delighttully cool. . Near, the _grest Caverns and historic Shenandoah Valley. Superior table. Refreshing _mineral gorings and batfie. * Golf. ewimming, tennis, dancing, free. Riding, bowling: movies. ete. Capacity 500. Get our booklet. E. L. Cockrell, POTOMAC BEACH most delightful na‘t resore place {or your fam! pri etlion: and safest beach on Potomac. tanle." Muslc, . dancing. Briie tor resercations gt once. FRANK G ETO Va.. or cal NORTH HILL o the- Near Blusmont. _Boat, horses: eisctricity, bat Pres. 27§15 ana's1s . Berryville. Va. 30, Battlefield House 225ttt torical old home. mile Trogs New Market, in eroe Shally R0t “Wreah vesotabien chicken S ol Viieion he wavee ged 1 ts; week and week Mrs. J Bu-lmu. SKYLAND Tn the Proposed Shenandoah National Park 4,000 Feet Above the Sea new booklet, fully illustrated. will b ready T Hiatriielon ad tha, riolk and Faglern RR. Ticket Office, 90 5" Joth St % r Prnnmmv " Geeman” Follock, \k!ll.ud Page County. Va, _COLONTAL _BEACH, VA. COLONIAL BEACH HOTEL Op the Potomac, 65 miles from Washing- tou: saltwater baihing 1, fishing, 5 Borseback an or chestra.” etc. Locnwr:‘-"mnu By ‘healthful and restinl: excellent riosian wai up dally: 3, np ily. vuh tr, St. Johng onu ESW Fjfisk B BLALRISTONE: Owaer & gm. FOR RENT—COTTAGE, TAL BEACH, Va. block from pavilion and bathlug: water up ‘and down stal location: first two weeks in August. Cflll 18 K st. ne. 4 OLO8 RO BEACK, Ferry leaves Hutc hinwon's Whart, Morgantown, Md G Exira frine. Satard *Bindur 1855 1550 45 v, 978 MOUNT ELLIOTT, VA. River mink. o el \nvaiids or T. B: Booilet. near VIEW, V. Atlantlc Hotel. Bathing: all conveniences. On ocean front. MRS. W. F. AYRES. REDGATE COTTAGE %2355 r. On_ Gcean front—thoroughly medmar hot Same management. 80d cold Water i each room. Mt.Elliott Springs Hotel Mt. Elhon, V-. R"Og'" » hnu C. ll 0‘ Mv«llnl. ete. l‘e Cll h 10r booklet,” Hotel Tudor Nahant, Mass. Right on the Atlantic Ocean. only ten miles from Boston, Fine bathing. boating. fishing, dinners. Hates the most reasonable gn the New Eneland Coast. Reduced September 26, -1 (MORRIS PLAN BANK HAS NEW OFFICES Attractive Headquarters Will Be Opened Tomorrow at 1408 H Street. The Morris Plan Bank of Washing- ton will open its new banking office at 1408 H street northwest tomorrow morning, after moving from its for- mer location at Thirteenth and T streets. The new quarters have been re- modeled and offer up-to-date and at tractive banking rooms. The outside has been remodeled with limestone columns surmounted by eagles, while the interior is finished fn marble and mahogany. New Office Commodius. Space in the new offices covers about 3,000 square feet, and the bank, look- ing to even further development of the Morris Plan, has secured an op- tion on 2.000 additional square feet of space in the same building. This space, according to Bertram Chester- man, executive vice president, will be needed in the near future. the Morrls plan, has secured an op- terman said, “offers service to bor- rowers, who generally have no other banking facilitles. The bank devotes a considerable portion of its activities to its savings department, and pays 5 per cent on savings deposits.” Plan Started 15 Years Ago. The Morris plan was founded some 15 years ago by Arthur J. Morris, formerly of Norfolk, but now of York, and since its beginning there has been incorporated a Morris bank in nearly all of the larger cities in the United States. There are at present 100 banks. Each of these banks is a separte in stitution operated under separte char- ters, under the jurisdiction of the banking department of the various States, while the Washington bank is operated under the charter of a sav- ings bank granted by the District of Columbia, and is under the supervision of the United States Treasury De. partment. The Washington bank has a paid-in capital stock of $200,000 Wallace D. McLean, vice president of the Morris Plan Co. of New York, is acting as president of the local hank RESORTS. ADIRONDACK LAND Lake George Lake Champlain other cool and resorts. Get the and_man; delightiy most_out of your vacation by spending it in this ideal outdoor land “A Summer Paradise” Qur 300-page the boatin inz. hunting. boiels, boarding bouses, camps and charming socfal life. Send 10c postage to DELAWAWRE & HUDSON, Fasenger Department. Albany, N. Y. ROUT! MONTRE! New_Yo: Fuide tells of bathing. fish the excellent OF THE L LIMITED Mont. HARPERS FE VA. HILL TOP HOUSE 35th Year—No Excellent ‘weals: rieht . prop, Tooms. T. & on the White Ster “Skip of Splendor™ HOMERIC the largest, most modem, most replete and most luxurious steamer sailing to the Mediterranean: From New York January 23rd, 1926. Supreme in every detail: in the superb specially chartered ship; in the cruise management; in the entertainments aboard and ashore, which are in the hands of competent men of ripe experience, as- sisted all along the raute by our complete chain of permanent offices with their local knowledge and unmatched resources. | Cook’s Fleet of Nile Steamers and Dahabeahs stands foremost on that river. The itinerary covers the widest field of worth-while points, including sixteen days in Egypt (Holy Land); optional visits to Paris and London on the home- ward trip; also stop-over privileges. Write or call and let s tell you more! FOS. CO0KeSOj 583 Fifth Avenwe, New York, or Ober’s Steamship Agency, ‘1420 H St. N.W., WASHINGTON, D. 0. _MOVING, PACK VG & STORAG& MO\ING AND STORING ENTRAL STORAGE AND 1‘ NSFER CO. rgest arehouse in ireproo Sl i ‘oncrete Washington intments. Mors for_fows money. !; spection invited. Prank. 475: i Lowest o .- rates. Rest ap- Witheut Worry or Risk. Be Servie—Low Batea NORTH 104 MOVE ch Fire-Proof Warehouse Storage, Moving, Crating 418-20 IO'R M. 4229, Frank. 247 R FURNITURE fully given, Con- 020 Pa. CLpAS STO! E ¥ AN droke ol Fenient foration: - WESE ente O Phene Maln 1285 MOVING STORAGE KRIEGS|® XPRESS PACKING SHIPPING 616 EYE ST.NW. MAIN 2010 1925—PART 6. FINANCIAL. NEW HOME OF MORRIS PLAN BANK STEEL SHAPES ADVANCED IN PITTSBURGH DISTRICT NEW YORK, July 25 (®.—An ad- vance of $1 a ton in steel scrap and a decline of §2 a ton in steel shapes are reported in the Pittsburgh district One order of heavy melting steel was placed at $18.50 and another at $18 a ton. Quotations for steel shapes ranged from 1.90 cents to 2 cents. Plates also were off $1 a ton to 1.85 to 1.60 cents. COTTON GOODS FIRMER. Raw Silk Cheaper With Moderate Sales. NEW YORK, July 25 (#).—Cotton goods and yarns were firmer today, but buyers ‘were still proceeding cau. tiously. Wide interest centered in the opening of woolen goods for the Spring on Monday, as it is expected prices will be lower and business will be stimulated. Raw silk was slightly easfer, with moderate sales. Trading in Fall silk market was steady. Linens showed improvement among jobbers, where better demand for household goods was reported Burlap prices have eased a little in the local markets, but were still firm in Calcutta. WALL STREET BRIEFS. EW YORK, July 25 (®.—Dela- ware, Lackawanna and Western and the Delaware and Hudson each re- ports large earnings for June. Delaware, Lackawanna and Western !gained $398,355 in net operating in- come and the Delaware and Hudson $236,953. Net operating income of $3,974,394, reported by the Delaware and Hudson for the half year, was a gain of $1,213.419 and the Lackawan na's net of $7,864,526 increased $58 922 over the same period of 1924. Publiec offering wil be made shortly of a block of 7 per cent cumulative convertible first prefarred stock of the New York Merchandise Co. at $100 a share, each share carrying the right to subscribe to one share of common stock at $21 a share. The world's output of zinc in June is estimated at 95,000 short tons by the American Bureau of Metal Sta- tistics, against 104,900 in May and the vear's peak of 109,100 in March. The output for the half vear was 620,000 tons, compared with 557,800 in the same period of 1924, Fisher Body Corporation is operat- ing at capacity with daily prduction of about 3,500 bodies, 90 per cent be- ing of the closed tyve, President Fisher said today on his departure tor Europe. FOREIGN EXCHANGE. NEW YORK, July 25 (#).—Foreign exchange steady: quotations (in cents): Great Britaln, demand, 485%; cables. 4855; 60-day bills on’ banks; 481%' Fre demand, cables, 4.7 demand, 3. cables, 3.68. Demand: Belgium, 4.62%; Germany, 23.80; Holland, 40.10; Norway, 18.20' Sweden, 26.85; Denmark, 22.30; Switz- erland, 19.41%; Spain. 14.49; Greece, 157, Poland, 19%; Czechoslovakia, 2.96; Jugoslavia, 1.76; Austria, 143: Rumania, 52; Argentina, 40.37; Brazil, 11.70; Tokio, 41; Shanghai, 78%; Mon- treal, 1.00 3-32. s RS RAILROAD BOOSTS SURPLUS. NEW YORK, July 25 (P.—The Maine Central Railroad had a surplus of $544,600 for the half year, equal to $18.15 a share on the preferred, on which back dividends amount to 173 per cent. Allowing for only six months dividend on the 5 per cent preferred, the balance equals $3.15 a share on the common stock, compared with surplus of $107.885, or $3.59 a share on the preferred, and 22 cents a share on the common’ in the first half of AFTER VIRGINIA CONCERN. NEW YORK, July 25 (®).—Wall Street hears the Federal Light and Traction Co. may acquire the Newport News and Hampton Railway Gas and Electric Co. C. H. Nichols, vice presi- dent and general manager of Federal Light, has retwrned from an inspec- tion tour of the Virginia properties, and will shortly submit a report to the directors. HAflONAL Wl;muoml [ ln\luhold ?.zndl Bofllgm R LONG DISTANCE MOVERS GMITH'S - CRATE AND PACK BY EXPERTS 1313 YOU STREET, N. W, PHONE NORTH 3343 TOURS CHICAGO GRAIN MARKET. WHEAT— Open. High, ILow, July . - %1 1514 September ! gg" 1 2323 oo 2525 > 228 wpm oo =3 o0D ses mod oo 258 *HF 523 323 ER F3ES e B30 e ul o Lo plemver™ " December bon sas x5 PR SO - 228 SRR %8 IR 333 TOURS ROUNDTHE WORLD CLARK'S 6¢th CRUISE, JAN. 20, 1926—128 Days, $1250 to $3000 %p’ulfly chartered sumptuous A floati included. Manil Athens, Naples, Java, India; new Cunard oil-burner “LACONIA, " in Japan and China, Peki hn, 3 dny- in Cairo, J £ad tons; p.rwnnlly managed by Mr. Clark. palace for the trip, 25 days onte Carlo, Cherbourg. Europe stop-over. CLARK’S 22nd CRUISE, January 30, 1926 =MEDITERRANEAN A% g b mm an ufim etc. S SOUTH AMER!C ly chartered brand-new Cunard oil-burner ‘TRANSYL- "11oooum- GIDAyICrullI. $600 to $1,700 (without o; Lisbon (u-dud')‘nm o et T is, Spain, Italy, INCLUDING RIO and the AMAZON CLARK’S CRUISE, February 4, 1926 B specially chartered brand-new Cunard oil-burner days, $660 to $1250. St. tons. ‘“CALEDONIA,”’" Thomas, Martinique, Barbados, Monuvidao, Buenos Aires, Santos, Riode Janeiro, Para, Havana, Nassau. June 30, 1926 Cruise to Norway and Western l(od'hruneln 53days. $550 to $1300, Frank C. Clark os e R, by specially chartered new Cunarder “LANCASTRIA.” Times Origtnator of Round the World Crulses. New York ‘over 30 years. ?- in 3347 & VAN WICKLE TOUEIST AGENCY, 800 18(h St N.W. | Whitelaw The | Ford Brings Steel From Antwerp by Way of Baltimore Epecial Dispatch to The Star. BALTIMORE, July —Henry ¥ord is using Baltimore to_bring steel rails for his Detroit, Toledo and Ironton Raflroad from Europe to be shipped from here. The Jap- anese steamer Vancouver Maru is bound here from Antwerp by way of Philadelphia and is expected to arrive within a_few days. It is understood Mr. Ford has other con- signments to follow. STOCKHOLDERS’ DEMAND FOR REPORT IS DENIED Decides Previous Suit Against Apartment Company for Accounting Bars New Action. In connectlon with the mandamus sult of Danfel M. Gary against the Apartment House Com- pany, to compel the defendant to file a report as to its capital and existing debts. required by section 617 of the District Code to be filed by corpora tions in the office of the recorder of deeds within 20 days from the first day of January of each vear, Justice Stafford of the District Supreme Court yesterday sustained a demurrer filed by the defendant eorporation, through v A. Leftwich Sinclair, and dismissed the plaintiff’s petition. Justice Stafford based his rullng principally upon the ground that the plaintiff, before filing his petition for mandamus, instituted & sult in equity -|against the corporation asking for an accounting. The court held that the filing of this equity sult gave the equity court jurisdiction of the sub- jectmatter of the mandamus suit, and that the equity court having thus ac- quired jurisdiction it might ascertain and enforce all the rights of the parties. Gary, the plaintiff, is a stockholder of the defendant corporation. Justice Stafford stated, in announcing his de- cision, that he was not satisfled that a stockholder of a corporaiton is a “person interested” within the mean- ing of section 618 of the Code, which authorizes any creditor of a corpora- tion or “other person interested” to resort to mandamus proceedings to compel the filing of a report as to its capital and existing debts. “If Congress had intended to em- power stockholders of corporations to resort to mandamus proceedings in such cases, it would have been easy for it to have said so," said the court. The plaintiff was represented by At- torneys Johnson, Hayes and Houston. WILLS ESTATE IN TRUST. Mrs. Brooks’ Heirs to Get Proceeds at End of Ten Years. The will of Mrs. Ada F. Brooks, who died July 21, has been filed for probate. She gives her household ef- fects at 34 Bryant street to her daughter, Eva B. Works, who is also to be allowed to occupy the premises for 10 vears. The remaining estate is devised to George C. Gertman as trustes. Mr. Gertman is directed to distribute the personal estate among the children, Walter A. and James Lester Brooks and Eva B. Works, and a granddaughter, Vernon Louise Brooks, in equal shares. At the ex- piration of 10 years the real estate is to be sold and the proceeds distrib- uted among the children and the granddaughter. Attorney Gertman is also named as executor. COTTON IS FEATURE. Leads Court Commodity Markets Week’s Interest. NEW YORK, July 25 (P).—Cot- ton was the outstanding feature of the week in the commodity mar- kets, soaring above $7 a bale after the {ssuance of an adverse govern- ment crop report, and closing the week about 13{ a pound net higher. Wheat prices Jost 6 to 8 cents a bushel during the week. PIERCE OIL MEAmGS. NEW YORK, July 25 (#).—Plerce Petroleum earned 19 cents a share in the first half of 1925, with net profit of $490,657 after depreciation, deple- tion, interest and taxes. The second quarter’s net profit increased to $358,- 855, equal to 14 cents a share, from $133,902 in the first quarter this year, or 5 cents a share. BOND MARKET QUIET. NEW YORK, July 25 UP).—Ex- tremely narrow price fluctuations were the rule in today's quiet bond trading, with the general average of all issues dropping off to the lowest level of the week. NEW ORLEANS COTTON PRICES. NEW ORLEANS, July 25 O®).— Cotton futures closed steady at net advance o( 41 to 43 points. Close, July 24.12; October, 24.78; December, 24.90; January, 3 25.08. Spot quiet, 40 up; mlddllns. 25.26. FLOUR BIT HIGHER. MINNEAPOLIS, Minn., July 25 UP).—Flour 10 cents higher at 8.90a 9.00 a barrel; shipments, 29,463. LIVE POULTRY HIGHER. CHICAGO, July 25 (®#).—Poultry— Alive, higher; fowls, 199a24; broilers, Springs, 28%; Toosters, 16; turkeys, 20; ducks, 20a23; geese, 13a22. ROAD RAISES EARNINGS. NEW YORK, July 25 (®).—The New Haven Ralilroad earned $1.69 a share on the capital stock in the first half of 1925 nst 30 cents a share in the first half of 1924. A moving picture theater in Havana will seat 3,000 people and may have an apartment hotel in combination. in| SCHELDT IS KEY T0BELGIAN TRADE Millions in Cargoes Pass From Antwerp Through Dutch Territory. “By one of the most important treaties signed since the group of in: ternational agreements that followed the World War Belgium is again of- ficially given the right of free naviga tlon on the Scheldt River, the Euro pean waterway which probably has figured in more treaties and wars than any other,” says a bulletin from the headquarters of the National Geo gr&phh fety “The Scheldt is the economic jugu- lar vein of Belgium,” continues the bulletin. “On it, 50 miles from the sea, lies Antwerp, Belglan metropolis, and one of the best equipped and busiest ports in the world. Up and down the stream flows traffic worth tens of millions of dollars; and almost every penny’s worth of it goes to or from Antwerp. Yet the river is not under Belgian rule. It reaches the sea through Dutch territory, and o the Netherlands has ultimate control. Dutch Own Mouth. “The Dutch acquired the right to close the Scheldt to commerce by the treaty of Mu ter in 1648, and tinued to exercise the right for more than two centuries. When the terr tory of the old kingdom of the Nett erlands was divided in 1839 and Be glum was formed the Netherlands held on to the territory on both banks of the Scheldt and had its right to control the river traMic reaffirmed Tolls were levied against Antwerp shipping until 1883, when Auguste Lambermont, a Beigian statesman raised a fund of more than $3,000,000 which was pald to the Netherlands to free the river of tolls. Lamber mont induced a number of countries interested in the Antwerp trade to ‘chip in’ toward this fund n appre- clation of his labors Antwerp has erected a fine statue to his memory “The portion of the Netherlands that lies on the south bank of the Scheldt and so gives the Duluth con- trol of the mouth of the river is Dutch Flanders, a strip of territory 40 miles long, varying in width from 10 miles to less than one mile. Belglan® territory does not begin until the head of the delta is reached and the ss- tuary narrows down to a width of less than a mile. This is about 12 miles below Antwerp. Heretofore Belgtum has had to pay part of the cost of lighting_and buoying the entire es- tuary. Under the most recent treaty each country will be responsible fc marking the river along its territory. Antwerp Has Admirable Port. “The Dutch port of Flushing 1 at the mouth of the Scheldt. From there through the 50 miles up to Ant werp the navigable channel takes a winding course among sand bars, so that careful piloting is necessary Buoys must ba shifted frequently At Antwerp the river is about 50( yards wide and has a depth at water of 42 feet. The broad river there forms an admirable port. Thers are about four miles of quays along the river and good anchorage in m stream. Numerous basins and docks entered from the river by locks fur- nish additicnal berths for ships and barges. Railways paralleling the quays and docks, batterles of power cranes, and commodious warehouses help to furnish the modein equip- ment for which Antwerp is famous “Geography often figures i wars, but in the case the Scheldt the situation has been reversed; a war has affected its geograph So, in- cidentally, has a severe storm. As early as the eleve century the people of the country bordering the Scheldt began erecting embank- ments, so reclaiming scores of thou= sands of acres of rich lands. In 15 during the bitter siege of Antwerp, the dykes were broken and all tho hardly won lowlands were again flooded. Many of the old ‘poldera’ have been again freed from water since, but large areas which wers surrendered to the Scheldt 340 years ago still remain submerged “A great storm reshaped e Scheldt in 1173. Prior to that time a dyke of sand hills stretched across the present mouth of the river be- tween Dutch Flanders and the island, of Walcheren, the river flowing to the sea through the eastern Scheldt. The mighty waves driven by the storm washed away the sand hills, and e since the main flow of the river been through the western Scheldt, formed.” ECONOMY QUESTIONED IN NICKEL PLATE PLAN Saving Claimed Possible by Pres- ident Challenged by Minority in Probe. Economies claimed as possible of realization _in railroad operationa under the Nickel Plate me: were brought into question before the Interstate Commerce Com- mission_during the cross-examination of 1.J. Bernet, president of the Nickel Plate Co. Mr. Bernet had previously testified that more than $5,000,000 could be saved in uniting the five rail- roads affected by the proposed merger, and H. W. Anderson, counsel for dise senting minority stockholders X day challenged every item which incorporated in the total. The elimination of duplicate soliait- ing organizations, duplicate account? ing forces, consolidation of termina and better utilization of shop - fa- cilities, upon which Mr. Bernet rested his estimate, were all dealt with in the examination. Mr. Anderson pointed out that when the present Nickel Plate Co. took over the Cloverleaf system some of the eoliciting offices of that road had been kept in & separate existence, but Mr. Bernet said this was becausa of an agreement with the former owners of the Cloverleaf. The Nickel Plate Co. had realized mno savings from reduced expenses for traffic so- licitation by its consolidations previous to the present plan, he said, but ex- plained by saying that prior to those consolidations his company had been insufficiently active in seeking busi- ness. Hearings will _continue the merger plan this week. on —_—e VISA CHARGE ABOLISHED. Nicaragua and United States Reach Reciprocal Agreement. The State Department has an- nounced conclusion of an agreement now effective under which Nicaragua waives both visas and visa fees on non-immigrant passports, while the United States waives all fees for vi or applications for visas in connectiop with similar documents. The agreement is a part of the gen- eral program of doing away with Visa fees on mon-immigrant passports au- thorized by Congress in the last. im. migration act. = P Threshing machines are to be found on 112,000 farms in Denmark this Summer.