Evening Star Newspaper, July 30, 1925, Page 27

NEW YORK CURB MARKET . Received by Private Wire BY WILLIAM F. HEFFERNAN. NEW YORK, July 30.—The chief happening in the Curb Market today was the sharp upbidding of a number of public utflitles. It ‘took in United Light and Power class A, which at 176 was up almost 4 points; Middle West Utilities, up 3, at 98%; Power Corporation of New York, up almost § 75, and Pennsylvania Water Power, Another feature was the sudden drop Bales in thoysands. 1 Allied Packers 7 Allied Packers 4 Alum 7s new 17 Am Gas & Elec 8 Am Ioe 7s..... 28 Am Pow & Ti 4 Am Roll Mills 20 Asso Gas & BONDS. 6 0% s 001 o amoSoiaSog 12233532335 A 2 13253 R FEFESE 0% S DD DO D0 DR AFREEE > = TR PSR &3 FETE FE 5 o5 S SGEEeERRRIBAT oSS en0 5050 ! PEBESRERERER2BIBIR AE By ans C Term 548 ans C Term 4s. high Pow 6s. . Cong, Islang 6s b McN & L rris & Co 7 Nat Dist Pro 7e E FIFE FEF FEFE FIE s bbb b ittt RN RRE 228225325, SRBBRRD D DB BB BB IR I I IR SRR S B2 B 22ER2282 HEREREE R N 5203555 SeS05C sRoteonnn e & DS F R 2355 ERaE SR 3R RS2 ER33IR3ES2EZ2RS F R 1a G & E 55 enn P & L Bs 52 e P & L 5s D '53 are ‘il Co 6348 hawsheen 7s ... td G & ] gy’ SRS P v, b st S e 3 S sk S ononoLa 00550 5 0x 50! 2 ik SSonns 935550000 DRE 20! gt 23322283324 PRESFE PP W 2050 REE #EEF SRR EFEEEREESEE Rt At ) CRFIS S S ooon g 7 Sadem g 7 L] 2O Sovooosss! 22 Up_ Austia " of "Peni Be 7 Swiks Govt 5% 20 Toho B0 Po 6°7: ‘008 Salesin STANDARD OIL ISSUES. units. 1400 Anglo-Am OQil. .. 300 Atlantic Lobos 300 Atlanuc Lobos pt 40 Buckeye P L. .. 100 Chesebrough M1y 800 Cont Oil_new... 3 20 Eureka P L. . . 5 Galena Sigmal ‘Oil 2000 Humble 0 & R 10 Nlinois P L np Oll'of Ca'd ana P L.... *140 Mietoha - Pat Magnolia Pet. 10 Northern P L. 500 Ohio Oil...... 9000 Prairie 0 &G 370 Prairie P L 10 Solar Refininy 130 South Penn Oi 911 10343 78 90 e 136 31% 25 FE KR E R ERR 2ESebescainnsnksasbanaias BRIESEISIERARTINZEEIIIER s E R + LYDEPENDENT OIL STOCKS. oy > 23 SETEELE ot s e D8 2. g - e e 3 2 CARRET PSETF ST o P s 4 0 4 3 5 : 3 9 1 1 H 78 4 | 21 15 § .10 1 4 i 1 8 - 1 1 3 g 3 2 i Ed 4 New Mex Lan 80 Noble O1l & Gas 8 Peer Oil_Corp. 4 Pennok_Oil Cot o¥al Can : L Greek Frod ¥ i 3 125305 e O YNGR LA DS HBE D DD 3 S ST 3 simion: . SBra! 2, gt P 2 o S R Y Ee g BBEB % A, BEAERE et e e SR i 3E3838 8 o I X wime s 1uccoaoRed ~ s g S D BD9D e 2153 200015 0y N 5 e e B EEER RS oo o 3 s 3% trif Pipe Cor.. hapin Sac & C hatterton & Son hi Nip B T't.. “ommonw P € n ontinen Bak B. Cont’l Bak pfd 2 Curtiss Aero M.. 3 Dubilier C & Rad 200200w ! e o 99 PR BRSS! Eetoan S israisiis STEEr TR Inwpec & Frank H H Mg ¢ M C pd COTTON QUOTATIONS | SWING DOWNWARD By the Associated Press NEW YORK, July 30.—Rain news| was still the governing influence int the cotton market early today and, | although the opening was steady st 2 points advance to 1 decline, the| market subsequently dropped 17 to 18 points under the previous close, which carried October o 28.81 and De. cember 24.84. Cables were irregular. Liverpool, the West and South, with spot trad- ers, were leading seliers at the open- ing here. w York cotton futures c nlfinfie('ll‘:ulkn;ob() to BU“NInI:?nd slenty % 1 Film 3 Fox Rl 45 2345 . 25.00: .,35.05: e el New_ Orleans Quotations, NEW ORLEANS, July 80.—Cotton tutures opened steady. October, 24.30; December, 24.50; January, 24.49 bid; March, 24.66; May, 24.74. New Orleans cotton futures closed sasy at net declines of, 57 1o 81 points. = Oetaber. 24.30° Dy 2445 id: Maich Direct to The Star Office of almost § points in Canada Dry Gin- ger Ale. The rubbers generally were being influenced by weakness in United States Rubber on the Stock Exchange. Grand Stores was the leader of the specialties, getting to 78, as against the low of 72 yesterday. The market for the mining shares was lower. Engineers Gold felt the effect. of further realizing sales and at 881 compared with the previous final of 9014 a L Pow & R len “ Alden Coal 13( Goodyear Tire T 3 Gould Coupler A H t A SERR 1 Int] Concr Ind C ntl Match n pf. nt! Match pt.. . 68 Int] Match rts’ wi §7 Intl Uulitiey 'B.. FREPE o P ter L A R et PR oot Sy B FEFRPEIE S = F=3 PR Seonm o 1SR EETE i AR 3 « Ol id W ULl prd 4 W U prlien r Rub.. Motion Pic Cap ¢ Moto Met A Jiohawk Nai new usic Master C.. Nat Leather. at Tea Co,.. ... Nat Pub Ser A N Sranes "0 Nicl ew b W N new Wi N *® FEE FF £ PR FEE Srrr [T ey e R R - [ izer Corn Nizer Corp B North O Pow (" Nor Ont Lt & P 14 Nor States P C Nor Sta P C o 4 Nor Sta P C wa: 228 Norwalk T Rub 1Qmni Cv ¢« 1 Ohio Trac ptd. 23 Pathe Ex Inc Al Penn Wat P Co. 1 Pow Corof N Y. 1 Pow Corp rts .. 4 Bitten BT Glass. i ORI 3 MO P 25mz— = 538333 #3 mm s D ik TR e 2RESE oo 3552 Purity Bak B 2 Pyrene Mfg ... Reid Ice Cream . . 5 Rem Noisel TCA '},“fll Noisel TC pf 1 5 Sou Cit Util . 1 Sleep Rad _vic 28 Southeast P & 19% Sou Cal E. . 05 St Reg Pap . 1Stand Text 2 llu)g ;‘-_xl 1d. . 1 Stan, ub C A. . 2 Stutz Mot. .. A 17 3 o 12, e ETORTEACE N R i Logise t FAFE SEE EEE omp R C v tc ob Prod Exp ower Mfg . bize Ar nion Carbide . 1 G & E new. i Light & P A 1 L& Ports . 255 oot yb s Daa O 85 s a3 TR P e 2 o s e At ) P d s JRISTRBIOS - SO = 5 ek AL N abe A meor maas) FORE AN R FFEE S MINING. 0 Ariz Globe C... Canario Copper.. 10 Cons Cop Mines. Cresson Gold g Gd M Ll 1 10 Eureka Croesus.. . 20 First Thought M §7 Golden Cent, Min 10 Hawthorne M I. . 3 Hecla Mine ...~ 10§ feroms, V. Devel ay Coj o * Vailes 20 National Tip 10 New 3 is io " (i it B B3 55 etz F ooy SBezats PRI 2 5 » o Lbas PO Y & FrF g | watched. THE EVENING STAR, WASHINGTON, D..C. TRY NEW METHODS T0 BOOM BUSINESS Merchants Drop Stamps. More Sizes in Clothini Loss on Bananas Stopped. BY J. C. ROYLE. Special Disy ‘h to The Star. NEW YORK, July 30.—The Ameri- can business man is becoming as ready to scrap a wornout or exploded theory as he is to scrap a worn out or exploded boiler. As a resuit there are appearing a constant series of new productions and sales methods, while hoary-headed old trade devices are going into the discard. The practice of encouraging retail sales by giving “trading stamps,’ which has been followed by many merchants for vears, is gradually belng abandoned in many districts. The John T. Connor Chaln Grocery Store System, operating over 500 stores in New England, has just dis- continued their use. ~The trading stamps have amounted to what was practically equivalent to a 2 per cent discount gn sales. No Loss In Business. The Connor management found that their use interfered with service in ! rush hours, as it took almost as long stimate and deliver the number of which the customer was entitled as to sell and wrap his goods. The practice was dropped first in specified districts and_results closely When it was found busi- showed gains without the they were thrown out of the entire Connor chain. Barbers in this locality now are engaging young men without training to spread aprons, tuck in towels and lather customers. The master barber then goes rapidly from one to the other, doing only the bare work of shaving or hair cutting. The applica- tion of hot towels, brushes and unguents is left to the unskilled to stamps to ness stamps Big Thread Plant Posts Notice of Wage Reduction By the Assoclated Press. PAWTUCKET, R. I, July 30.— The J. and P. Coats plant, em- ploying 4,200 persons in cotton thread manufacture, has posted notice of a reduction in wages, to 8o Into effect August 3. The amount was not stated, but of- ficials sald today it probably would be 10 per cent. The last cut in wages made by this concern was in 1921, The Lorraine Co., manu- facturing cotton and woolen goods and employing 2,200, has also posted notice of a reduction. e ettt s FOREIGN EXCHANGE. (Quotations furnished by W.B. Hibbe & Nominal - Sellin gold value, . oda -$4.8065 $4.85 o R S 0477 Q464 London, Montrent.” Q004 Paris. 3 . franc. rlin, mark. . . zloty. . Copenhagen, crown Christiania.” crown. Stockhelm,’ erown. NEW YORK, July 30 (#).—Foreign exchanges Irregular. Quotations (in cents): Great Britain, demand, 485%; cables, 485%, 60-day bills on banks, 481%. France, demand, 4.75; cables, 4.75%. TItaly, demand, 3.67%: cables, 3.68. Demand—Belgium, 4.6115; Gy many, 23.80; Holland, 40.11; Norwa 18.45; Sweden, 26.84; Denmark, 22.9 Switzerland, 19.41; Spain, 14.47; Greece, 1 Poland, 17%: Czechoslovakia, 2.96; Jugoslavia, 1.76%; Austria, 14 Rumania, 51; Argentina, 40.25; Brasil, 11.75; Tokio, 41%; Shanghai, 78%; ‘Mfln(rul 1001 a container in which they could be transferred safely, quickly and profit- ably. One large fruit company now ‘has developed a container, and is packing its fallen bananas and disposing of them to the smaller retailers in a score of cities at a profit instead of a loss. assistant Speed Idea Works Well. Master barbers who have adopted the system declare it has cut labor costs and proved satisfactory to cus tomers, who are not subjected to long waits in order to secure the attentions of a favorite barber. Beauty parlors are practicing similar methods in marcelling, massage and permanent waving. Other industries are trying out ramifications of the system adopt- ed to their special needs. Manufacturers and_ retailers of men’s clothing have reclassified the American man in order to n.ake it easler to sell him clothes. It always has been easy for men built on average or regular lines to be fitted differed from those standards had to buy tailor-made clothes or wear suits not adapted to their styles or figure. Every Size at Hand. Manufacturers say that they have simplified fitting by classifying figures under the designations, ‘‘regular,” “short regular, heavy regular, * “short stub,” “medium stout, egu- lar” figure in this country averages 5 feet 8i; inches in helght, with a chest measure of 38 and a waist of 32 for young men, and 34 for those of more mature men. “Heavy regu lars” have to be allowed two inches more at the walst in coat, vest and trousers. Merchandisers say these classifications have cut the cost of alteration sharply, although it has not abolished alterations entirely. Loss in Bananas Stopped. Ever since the banana became a staple article of food in the United States a_certain portion of the fruit, which fell from the bunches in loading and unloading vessels and railroad cars has been wasted or seized as the lawful prize of the youngsters about ithe docks and vards. This was due to the fact that no one had developed Submitted in By G. A. Bunting skin. | Your letter may easl prize N any other cream you ever tried snow-white, slightly astringent. | vanishing cream beneficlal effect on the skin be amazed and delighted. 9th Week’s Prize Relief for Insect Bites Noxzema Chemical Company, Dept. 1873, Baltimore, Md. ng a week end outing at ohe of our t was my mis literally covered with that small insect and Contest Editor: Duri, local camping resorts i gers"—and drove me frantic. 1 we: came to and asked the in"the store to allay bite Without my return of the irritation. more especially during the and them on their outing. . Scott, 75_Vee St. N.W., Washington, D. C. Over a million women use Noxzema as a beauty cream for softening, whitening _and clearing the com- plexion. "They say it makes a mar- velous base for powder. Quickly banishes blemishes, blackheads, en- larged pores. Instantly relieves chafing, chapping and sunburn. Nothing like it for eczema. Doctors prescribe it for baby's rash. Soothes tired, aching feet. Wonderful as a hand lotion. Men with tough beards lke it before and after shaving. ‘What use can YOU find for it? Write us a letter about it—it may win $10.00. Any one is eligible to enter this contest who purchased a jar of Noxzema before May 21st, the opening of this contest. Addvess Washington, D. C., July 18, 1925. ritation caused by their “bites nt into the first drug store that I druggist for the v the intense itching ca: i hesitation, NOXZEMA as an effectual remedy. Jar and applied it, obtaining ins surprise slept the entire nigh NOXZEMA is an invatuable remedy at all times, but stantly relieves mosquito bites, bee and nettle ivy polson, sunburn, chafing, etc. without it and recommend every one to take a jar with “Here's to the Chigger that ‘is no bigger Than the point of a small sized pin, But the bump that it raises itches like blazes; That's where NOXZEMA comes in." (Signed) WINFIELD SCOTT. 870,000 Jars Used Last Year! Il Pay You 102 If You Write the Best Letter This Week’s Noxzema Contest VERY week I award a prize of $10.00 for the best letter telling what Noxzema,: the amazing new “Miracle Cream,” does for the All you need do to enter this contest is try Noxzema for yourself and then write |a short letter describing vour experienc y win this week’s $10.00 Xzema is entirely new and different from Dainty, "Not a bit greasy lke a cold cream nor sticky like a Instantly has a You'll to become pest—*Chig- almost ery best remedy used by “Chigger he at once recommended I purchased a small ant relief, and much to t without any immediate Summer months, as it in- tings, oak I would not -be I::tens (t:% the Contest Editor, Nox- ma emical Co., t. 1875, Baltimore, :\I;.‘ 9 200 o Send for Large FREE Demonstration Jar See for yourself .just how much Noxzema can heip’ you. It is on sale for only 35¢, 50c and $1 at all Bood drug stores everywhere, or you can get a large Free Demonstration Jar simply by clipping this -an: nouncement and, sending it with name and address and only 10c (to cover cost of mailing) to_Noxzema Chemical Co., Dept. 1§75, Baltimore, Md.—Advertisement. 2 2 in readymade clothes, but many who | 30,000,000 GOFFEE LOAN IS HELD UP State Department and U. S. - Bankers Fear Higher Prices in Brazil. By the Associated Preff. NEW YORK, July 30.—High prices which foreign producers are receiving for coffee and rubber are causing American bankers to tighten the pursestrings ‘on loans to these indus- tries. Efforts of the State of Sao Paulo, Brazil, to obtain a loan of $30.000,000 to $40,000,000 for coffee valorization have struck a snag in Wall Street, and it is understood that any financ- ing which might be desired for rubber producing industries in British col- onies might also encounter difficulties. State Department's View. Such loans, in the view of American bankers, would be used in effect to maintain high prices which American consumers are now forced to pay. The bankers' policy is understood to be in line with the Government's at- |titude. The State Department has al- ready frowned upon possible loans to some countries which have not yet States. The Sao Paulo been secured by coffee set aside Brazillan warehouses. to receive warrants to sell loan rlods to refund the loan. sentative of Sao Paulo has had a rep- |resentative in New York seeking a loan for coffee valorization. He had learned that the state's credit is good and that it is quite possible that a loan could be floated for other pur- poses than holding up the price of coftee. Prices Soar After Loan. After the last coffee security loan to Brazil, for about $45,000,000, floated funded their war debts to the United ! was to have | in| Bankers were| certaln | amounts of the coffee at stated pe-| A repre-| (Copyright. 102 in London and New York, May, 1922, er 1926 improvements C/Zugasf | etter BUICK iy 30, 1925, Germans to Get $50,000,000 Loan Under U. S. Plan By the Associated Press. NEW YORK, July 20—Ar- rangements are being made to float a $50,000,000 bond issue of the German Renten Bank In this coun- try after the institution has been reorganized into a farm loan bank Y;}lerhed after land banks in the nited States, with the aild of William McKee, ' vice preaident of the National City Co., who is now on his way to Berlin, the Journal of Commerce says. The bank will deal in farm mortgages, and will be different from the present mertgage banks in Ger- many. o ol POLISH ZLOTY BREAKS UNDER HEAVY SELLING NEW YORK, July 30 (®).—Heavy sellihg of the Polish zloty, reported to be for the account of Germans start- Ing an exodus from Poland under a recent pleblscite, yesterday caused a break in the rate from around 19.20 cents to 17.75 cents. The currency had held close to its par value of 18.30 cents since it was first issued a year or 8o ago. Offerings of zloty bills in the New York market represented an overflov: from foreign centers, which found dificulty in absorbing the heavy abroad. f L the price of coffee jumped from 10 cents a pound to a high peak of 24% cents last November. The price in April, 1921, was 6%. It Is now 19% cents, Wide fluctuations in prices started negotiations for another loan. Brazil placed restrictions on coffee exported, much as England has done op the exportation of rubber from several of her colonies. e What Experts Buy. Trained investors always buy se- curities that have & substantial loan value. One of the surest methods of determining the value of any stock is to seek a loan on it. If your banker declines to consider it as collateral you can rest assured its markatability does not amount to much. FINANCIAL, MORE ACTIVITY NOTED| IN COAL MARKETS Soft Coal Trade Improves, While Anthracite Demand Has Also Stiffened. Special Dispateh to The Star. NEW YORK, July 30.—Sentiment of the soft-coal trade continues to im- prove gradually but steadily, say Coal Age market report for July 30. Demand 1s picking up and Inquiries | are increasing and the market is bet- | ter off for the fact that there is| nothing of the spectacular in develop- ments. If producers continue to ad- here to the present conservative vol- ume of output there is every reason to belleve that better things are in store for the trade. As usual, some elements in the busi ness are speculating on the possibil fties in the event of a hard coal strike, but with the railroads Kiving | excellent service there is little likeli- hood of a runaway market | Increasing strength characterizes EDUCATIONAL. University Law School Tounded 1865 Member Association American Law Schools Co-Educational . Summer Session 1925 Second Term, July 30-Sept. 1% Rerular course may be begun or #pecial courses taken 50-8:40 am.. 5:10-6:5 1435 K Street AGES Al modern langunges taukht by native Conversational Method. ening classes. Frea Tr uced Summer Rates. BERLITZ SCHOOL OF | LANGUAGES _lll 14th 8t. N.W. T Leseon MU Al PIANO, SAXOPHONE, Rag, Jazz, Popular Music in 20 lessoos. | Tessons’ if you buy Ilil';’ ree booklet. n.w. Maln 1278 Zaay terms. WHEN BETTER AUTOMOBILES ARE BUILT, BUICK WILL BUILD THEM Day (f| lustrumente bery: Christoneen Sehoet: | the anthracite market, stimulated by news of the wage negotiations and the possibility of a suspension. Better demand has stiffened independent prices, but in no cave has the advance been extren ove.and egg are most active, pew. also is moving weil, but) chastnut is rather slow. Steam sizes likewise are in better demand, buck wheat being perhaps the least active. NG & ST&!C\Gk.; . Venient - focation SEHLER V5% Pa ave. n.w PHTE'::‘ £ { NATION APITAL STORAGH & MOVI.J(? co. swufi Household Goods, 500 Rooms. cal and )t ing. zxtzn-?' PACKERS & SHIPPERS. Good Work. Free Estima*ss. e S oed Wo MOVING STORAGE KRIEG'S» XPRESS PACKING SHIPPING SISEYEST.NW. MAIN 2010 MOVING AND STORING CENTRAL ST¢ FER CO. Largest Warehouse In Concrete Washington Lowest rutes. Get our rates. 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