Evening Star Newspaper, August 4, 1925, Page 21

RASING 15 NOTED Lapse in Industry Having Decided Effect on Wool Markets, Expert Says. BY J. C. ROYLE. Special Dispatch to The Star NEW YORK, August 4.—Although the raising of sheep has been an es- tablished activity in nearly every part of the globe since history bega it apparently is falling behind the other industrial lines. This €act un- doubtedly has had a decided effec on the wool markets in America England, Argentina, Uruguay and Australia and is bearing upon the cost of clothing for nearly all Hving people. In the last 15 years, according to Lieut. Col. E. N. Wentworth of the Armour Live Stock Bureau, sheep production has decreased £9,000.000 head. He attribute that open ranges c n being utilized for other purposes and absorbed 3 s in populu- tion The average mer now has difficulty In meeting the costs of pro- duction of sheep wool, which and formerly were obviated by the use of open range. Remedy Is Suggested. The future of this great industry, according to many experts, depends on the incorporation of a certain number of sheep Into the livestock population of the majority of the smaller farms. Farmers already are accustomed to raise and feed a cer tain definite number of hogs in pro- portion to cattle and it is hoped this ratio will be extended to sheep. This Nation uses annually far more wool than grows here. Much of the added requirements must be bought | from New Zealand, Australia and Uruguay. Wool production now is running around two and a half bil. llon pounds annually for the entire world. Of this amount the United States is expected this year to turn out something like 265,000,000 pounds. Last year the United Kingdom alone imported 914,000,000 pounds, of which 368,000,000 were reshipped to other countries. The United States hrought in 311,000.000 pounds and Germs this vear will import far more t the entire production of this coun! Sale of mutton has yielded excellent profits in the last year to domestic flock masters. The United States sold to other countries last year approxi- mately 1,500,000 pounds of sheep flash | besides what was consumed on Amer- fcan tables. Daily Meat Consumption. Somewhere between 55,000,000 and 80,000,000 pounds of meat products 2o onto those ta tion of meat 000,000 pounds annually. Each eats an average of 165 pounds of meat a vear or half a pound per person per @ay. This meat ration, it is estimated by President Oscar C. Maver of the Institute of American Meat Packers, is made up of % ounces of beef, 4 ounces of pork 5 of an ounce of veal and quarter of an ounce of mutton At present the beef trade is the unusual situation created by dearth of cattle in fine condition, parently there are plenty of an In poor condition, but their feed been made more difficult by range conditions and high costs of grain and todder. Beef Cattle in Spotlight. Beef cattle at around $15 a hundred pounds are in the center of the spot- light for the first time in five vears The cattle raiser hae been long in the grip of acute depression, but now seems likely to make a profit The condition of the hay crop for the country, according to the Sears Roe- buck Agricultural Foundation, is 73.6 per cent of normal, although the yield is placed at 1.28 tons an acre, as compared with 1.6 tons last year. Hogs are selling 65 per cent higher than a year ago. good cattle 28 per cent higher, plain cattle 5 per cent and 10 per cent i The roast beef of old England, famed in song and story. has given place to the roast beef of America and Argentina. The English roast beef has usually been described as rare or underdone. Erna J. Bertram, director of fopd economics for Armour & Co., says that it does not make the slightest difference as to nutrition or digestion as to whether roast beef is well done, medium or rare. This view is supported by Dr. Philip D, Hawk, director of diatetic experi- ments at Jefferson Medical College, Philadelphia Divided skirts woman tennis pla e being worn by of Parf e <N COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY | CLEVELAND. August 4.—Installa- tion of new and improved machinery will necessitate the closing of the White Motor Co. plant from August to Sepiember 8, but will add mate- rially to capacity and reduce costs. CHICAGO, August 4.—Little change is shown in the coal situation in | southern Ilinois fields, where produc- tion continues light around 3,300,000 tons per month. Total output for the | first_half of the year was 15 per cent smaller than in 1924. | DENVER, August 4—Carl R. Gray, president of the Union Pacific Rail- road, predicts that the failure or shortness of grain crops this year will .|be more than compensated by higher prices. SPRINGFIELD, Mass., August 4.— The Indian motor cycle plant ‘at Springfield is experiencing consider- able expansion in activity as the re- sult of a new low-priced motorcycle recently put on the market. PHILADELPHIA, August l.——{me, of the largest producing lumber com panies of the Pacific Northwest has leased a space at the Philadelphia Tidewater Terminal and 5,000,000 feet of lumber shortly will be’shipped here from the Columbia River for redistri bution. PORTLAND, Ore., August 4.—Co- tive marketing methods are es to the profitable distribution Douglas fir and other Western wood products, according to Many are inclined to accept the advice of Charles § Keith of the Southern Pine Associa- tion, advocating the grade marketing of all West Coast lumber. Coast lumbermen here. PHILADELPHIA, August 4.—The American Institute of Co-opetation at the University of Pennsylvania today took up the study of accounting and finance for farmers. The handling of dairy products will be taken up the remainder of this week from the bankers' angle. MODESTO, Calif., August 4.—The California Co-operative Canners here now are operating at capacity on three to six carloads of cling peaches daily. Retracts His Confession. CHICAGO, August 4 (#).—Sherift Peter M. Hoffman was notified that the pugported confession of John Gordon. a prisoner at Wichita, Kans., that he Kilied Joseph Maurer, for whose death Russell Scott was sen. tenced to hang in Chicago. was a hoax. | Sheriff C. E. Groves, at Wichita, tele- | graphed that Gordon had retracted the statement. | | | | | SALVATOR Natural Mineral Spring WATER For S0 years, physicians have given this advice to people suffering from diseases caused largely by imsroper functioning of the kidneys and bladder—such diseases 4s rheumatism, 50\1!. catarrh, gastric dis- eases, gravel and stone formation, etc. The natural minerals in Salvator Spring Water have sided countless thousands to regain health and strength. On file with the owners of Sa/vator springs thereare let- ters from practising physicians from many countries praising, endorsing Se/vator. Ask your doctor about it. Ot get a few bottles from your ist. You will be surprised and delighted to see how quick- 1y you will begin to feel better. Not constipating nor laxative. The Alpha-Lux Co., Inc., NewlYork Sold b the following and other leading druggises. Peoples Drug Stores - “All Over Town" THE EVENING . STAR, WASHINGTON, D. C, TUESDAY, AUGUST_ 4 E[}I-INE IN SHEEP $1 50,000,000 {N SAVINGS. WALL STREET BRIEFS. wheat situation. m“,.m""m.flu western handled 190,463 cars, agt Report of Fourteen Banks at End of June. BALTIMORE, August 4.—Total de- posits in 14 mutual savings banks in Baltimore regularly reporting to the Federal Reserve Bank passed the $150,000,000 mark at the end of June for the first time on record, the aggre- gate of deposits in the 14 banks at the close of business June 30 being $150,220,063. A ‘month earlier, on May 31, depos- its in the same banks totaled $149,012,- 030 and on June 30, 1924, the total was $143,760,471. Time deposits in 73 regularly reporting member banks amounted to $204,401,000 on July 8, 1925, compared with $197,420,000 on June 10 this year and $172,072,000 on July 9 last year. This month is the first time on record that time deposits in the group of reporting banks cross- ed the $200,000,000 mark. TROLLEY KILLS THREE. Wife and Son Die After Grade-Crossing Crash. INDJANAPOLIS, Ind.. August 4 Man, .—Three persons were fatally in- jured when their automobile was struck by a northbound interstate Public Service Co. traction car eight miles south of here The dead: John Schwartz, 32, driver of the car. Lee Schwartz, 7. Mrs. Pearl Schwartz, 39, Mr. and Mrs. Schwartz died a few hours after the accident, while the son wae believed to have been killed instantly. The automobile was driven directly in front of the speeding trac- tion car and neither the motorman or conductor were able to explain the accident. i SR O VNRSISs SV S R NEW YORK, August 4 (#).—The executive committee of Marland Oil Co. decided at a meeting today to call for redemption on lovember 1 at 101 and accrued interest its $20,000,000 two-year notes, due No- ember 1, 1926. The company’s only funded debt thereafter will be $650,000 tank car equipment trust notes. Cap- ital Habflity will consist eatirely of about $1,888,000 no par value shares. The Street hears that a plan by which stockholders of the Pan-Ameri- can Petroleum and Transport Co. will be given the right’to subscribe to new stock of the Pan-American Western Petroleum Corporation may be announced this week. Sale of its California properties, held through a subsidiary, to the Pan-American Western s said to be be among the proposals. Net profit of the Stmmons Co. in June, after reserve for deprectation, State and local taxes, was $395, 460, or more than double the $143,316 reported in the same month last year. Profits for the first half of the fiscal year, which ends December 1, were $2.010,876, after a' reserve of $526,677 had been set aside for depreciation, an increase of $836,266 over the first half of the previous year. Banking circles see a.possible re. sumption of large gold shipments to Germany in the statement attributed to President Schacht of the Reichs- bank that the bank would resume ac- cumulation of a home gold reserve by converting legal reserve of foraign exchange bills totaling 368,000,000 marks. President Storey of the Atchison, Topeka and Santa Fe is quoted in Chicago dispatches as stating that the outlook is for decreased earnings for his road in the second half of the ¥y The' decrease in the second half, which may somewhat more than wipe | out the gains in the first.” he said, “will be almost entirely due to the this year are very The American Brass Co. has ad- vanced prices of all brass and copper materials % cent a pound. All previous traffic records for July were shattered by the Missouri Pacific last month, loadings * & new high total of 142, 3 Baldwin, president, reports. The daily average for the month was 5.484 carloads, against 4,961 daily in July, 1924. Local loadings increased 16.1 ‘per cent and receipts from con nections gained 4.4 per cent. The II- linois Central also had heavier traffic, 186,783 carloads of freight having been moved, in contrast to 162,361 in July last year. Chicago and North o bttt il i Mtchasis OO TV DI O DT DI Little Chats About No. 8 The Leak i its effectiveness. And it doésn't take much of the strongest man or woman of t Constant headaches, should suffice to induce oughly and advise a ment. DTS OOS I TS>D DO DD DD DD Not Merely a Drug Store—But an > Duotone Duco, now introduced by Buick, _is the latest, smartest, most striking color and finish combination for motor cars. Its No. 9 Next Tuesday It doesn't take much of a leak to rob the strongest dam of meet the demands of home or business requirements. insomnia, nauséa—these and many other indications that all is not you to have your doctor examine you thor- to corrective measures. Alwaya consult your physician when trouble is first indicated. Let us fill your prescriptions if medicine is part of the treat- DO DO DD DD D AT T 1925 173,193 a year ago. The Telautograph Corporation’s net profit for the half year increased to $77,799 from $46,338 in the first six months of 19 DAIRY PRODUCTS. 1 Special Dispatch to The Star. BALTIMORE, Md., August 4 —Live poultry—Spring chickens, pound, 25 33; Leghorns, 20a27; old hens, 20a27; ofoters, 15a16: ducks, pigeons. | | 360 cases: nearby firsts, dozen, offered at 33a34 Butter—Good to fancy creamery, ) Your Health 4 (¢ & ! n the Dam ¢ // { 0l v 4 leak of nervous energy to rob c he reserve strength necessary to oft-recurring dizzy spells well— D DDA« Institution of Quality and Service ) lishes a new custom vogue in motor car ainst [ pound,. 40a4514: prints, 46a48: ladles, | prints, 34a35: store packed, 31a31%: dairy #2a34; rolls, process butter, 36%a371%. You'll Be Glad To Get The Star One month. While You Are Away Arrange to have it sent regularly — Evening and Sunday. It'll make where- ever you are sojourning seem like home—and keep you thoroughly conversant with what is going on in Washington while you are away. Address can be changed just as often as you unsh Rates by Mail—Postage Paid Payable in Advance Maryland and Virginia— All other States— One month. .. One week ‘New Beauty for the Better Buick dress. And Duotone Duco is only one of many 1926 Buick improvements. The "’3’7\.’;6‘?;"5‘;-&" sunaer 15¢ Sc EVE'RY NIGHT more than thirty Thompson Dairy route salesmen and their faithful horses move out of the Thompson Dairy city plants—an Army in the service of His Majesty, the Baby. Between dusk and sunrise they reach every part of the city, bringing to ten thousand Washington homes each day’s suoply of Nature’s wonder food—Pure, Clean, Fresh soft splendor charmingly enhances the Better Buick is on display today in the beautiful Buick body lines. It estab- showroem of every Buick dealer. BUICK MOTOR COMPANY, FLINT, MICHIGAN, Dioisi of G rel Moters . Corporation .~ BUICK MOTOR CO. | £ Division of General Motors Corporation WASHINGTON BRANCH : Phone Franklin 4066 Fourteenth and L Streets N.W. WHEN BETTER AUTOMOBILES ARER BUILT, BUICK WILL BUILD THEM ¢ PHONE NORTH 5997 2012 11TH ST. N.W. N 5