Evening Star Newspaper, October 16, 1925, Page 25

THE EVENING STAR, WASHINGTON, D. C., FRIDAY, OCTOBER 16, 1925. : " —Ew lm{] U m‘] Terger wes mot a' tramt. fund ana ME“_[]N '[AX PLAN Taoney "rates, ‘which had been the | | RAFFIC TO FLORIDA Railroad Buying |LOWER COAL FREIGHT $ W, ALMOST LIKE WINTER| Now Very Heavy | not the domination of either material cause of heavy liquidation of the last Atlantic Coast Line Head Revicws In Steel Market [MARYLAND'S TOMATO RATES NOW IN EFFECTi CROP BEST EVER RAISED or bread prices, but the elimination few cays, was attributed to a variety of waste through comprehensive buy- of factors by stock market observers. and Chief of these was the widespread speculative belief that the new tax bill, hearings on which begin in Wash- ing, production, distribution Change Ordered by I. C. C. Most |Splendid Record Made Along East- marketing. ern Shore—Some Growers MERGER ALLOWED Baking Combination Given Clean Bill by Leading Fed- eral “Trust Busters.” BY The Co. by tlon have heir appeared ed merger paper reports regarding It were not | . and, well founde: further action time. of Aims to El This conel a4 Federal from cured in connection with the report that requiring the ul Government plied the acid test to the new $400,- 000,000 bakery merger and has given it a clean bill of health. chase of stock in the General Baking William B tion of the General Baking Corpora- been e most the Department reports « authorities ucts. C. ROY of has ap- | said, The pur. | further acquisitions Ward and forma- thoroughly by officiuls Commissio efficient looked of the but by i g “trust 5 | the of Jus-| indicate that it information se-| bread nitary pre the many of the news in view of these the attention jovernment or at this| recly attributable | inefficienc ate Waste. | other causes. 1 was at lower cost, public, in maintenance | values and in elimination Merely Holding Corporation. It is understood that Government were satisfied General Baking Corporation is merely a holding corporation. not fiself produce bread or bread prod- Tt is, therefore, impossible to prosecute the concern under the anti trust laws since competition has not been checked or stifled. The General Baking Corporation as a holding company does not produce bread and can therefore acquire stock a concern which that Government authorlties re- ceived the assurance of officers of the General Baking Corporation that any General | Baking Corporation would be through | the purchase of assets and not through | the purchase of stocks or securities, | and that the objects of the corpor tion include the production of better of improvement | utions safeguarding that does. by the foo wast of of through efficiency of management. Decisions Held Vital. In the latter connection is to be|(ne noted that the American ¥ | facts, there appeirs to be nothing | L4bor has just charged nt of the waste in indu: ¢ s to inefficiency o | management as against 25 per cent t the That is, it does Also, it is deration of t 50 l‘:-‘lum« ks listed. forecast by the The real importance of the decision | AIDS STOCK MARKET Yesterday One of Greatest Days in Decade—50 New Tops in Record Turnover. By the ed Press. NEW YORK, October 16.—In one of the broadest and most active stock mar- kets of the last decade prices were whirled upward 1 to 14 points yester- day in a wild wave of bullish enthus- iasm that carried over 50 issues to their highest prices of the vear, more than a score of them to the highest | prices ever recorded. Total sales, which exceeded 2,500,000 shares, or an average of nearly 850 a minute, were the largest, with the sin- d [gle exception of one day last Novem- | ber, since December 21, 1916, when the | volume ran over 3,000,000 shares, fol- lowing the “leak™ on President Wil- son’s peace note. Trading embraced individual issues, or one less than record established Wednesday, or | slightly more than half of the total e »t| The | which o | sudden was unusual outburst of strength, in that it took indicates that intent rather than size ington next Monday, will provide for a substantial reduction in taxes. The announcement that Secretary Mellon would propose a maximum surtax of 20 per cent lend color to this belief. Comment was also heard that the administration’s virtual embargo on loans to countries that have not funded their war debts and the heavy shipments of gold from England to the United States would make avail- able a plethora of funds for commer- clal and stock market purposes in the months to come. Other Reasons for Gains. The steady improvement in busi- ness, as reflected in expanding steel mill operations and hardening price tendencies for steel and non-ferrous metals, record-breaking automobile sales by the principal manufacturing companies in the third quarter, un- precedented chain store and mail or- der business and bank clearings, also were stressed by the powerful finan- clal interests working for higher prices, Summer Business—Sees Record Year. By the Associated Press. NEW YORK, October 16.—Predic- tion that the coming season would be the greatest in the history of Florida and the Atlantic Coast Line Railroad, made by J. R. Kenly, president of the road, is based on ‘the gain in both passenger and freight traffic since Au- gust 1, which have increased heavily this month. The Summer traffic was as heavy as most Winters, Mr. Kenly sald, ne- cessitating the start of the Winter schedule in September. Trains are being added regularly, and the road will be on full Winter schedule by December 1. September earnings were well above the same month last year., and Octo. ber loadings indicated large gains in revenues for the final quarter of 1925. A moving picture representative in Rio de Janeiro says that Brazillan &NEW YORK, October 16.—Opera- tions of subsidiaries of the United States Steel Corporation this week are above 80 per cent of capacity. Railroad buying continues to fea ture the market, business places in the last week exceeding 300,000 tons. The Baltimore and Ohio has bought 85,000 tons of rails, 45,000 tons going to United States, 35,000 to Bethlehem and 5,000 to Inland Steel. The Pennsylvania Rallroad is expected to place a definite in- quiry for 200,000 tons. The New York Central’s ‘inquiry for about 175,000 tons is still wending. STATE IS PROSPEROUS. MADISON, Wis., October 16 (Spe- The Wisconsin agricultural tion Is bright. Good prices for v products and live stock prosperi were never better, corn is likely to ex- ceed the previous record, tobacco made homes are reflecting the influence of | the best yield in 20 years and the hay American flims. crop s good. Important to B. & 0. Railroad. May Steady Market. | | Get Poor Returns. Special Dispatch to The Star. . Special Dispatch to The Star BALTIMORLE, October 16.—The to- mato yvield un the stern Shore for the season just closin as been the bget in many ves according to e re, one farmer 3 of 11 tons . twice the average produc- BALTIMORE, October 16 —Reduc tions in through frefght rates to Bal- timore on domestic sizes of smoke- less bituminous coal, ordered recently by the Interstate Commerce Commis- sion, became effective vesterda; Under the new rates, which prin; pally apply to the Baltimore and Ohio Raliroad, freight charges or low-volatile bituminous coul from the Clearfield district of Pennsylvania, | tion Some growers who with cannel | the open market to c fruit, West Virginia, Maryland and Vir' | made out ratber poorly on account of ginla mines are standardized, no mat- | being unable to sell their tomatoes to ter what raflroads actually transport | advantage. The growers who con- the fuel | tracted with canners had the best The establishment of these through | season probably ever known in that rates, recommended two vears agogection. by the KFederal Coal Commission, is | expected to help stabilize the soft coal market. dled o com- nding upon PAPER CUT $5 PER TON. NEW YORK, October 16 (#). During one year at the height of his | International Paper (o. has r career the elder Dumas eclipsed all | its 1926 contract price for newsprint literary records by turning out one to $65 a ton. $5 a ton less than the novel a weok. price prevailing in 1925. writer in his disj is the main factor which is to deter- mine the approval or disapproval of atch on the day on|of the Federal authorities in con which the proposed merger was an-|tion with this merger lies in the fa nounced. At that time he pointed out | that it glves assurance to business | Government agencies on proposed con- the scope of the proposal, which is|men and corporations all over the |solidations and mergers. If there is 3 ally the | country that mere size is not feared | no intent to narrow the fleld of com- s Corpora- | by the Government. { petition, there is an obvious feeling Corporation| The Government is not disposed to| here that the size of the proposed others enguged in ! interfere in the expansion of industry | merger is a minor facto i It long legitimate lines. and t opyright. 16 720.22:24 7th St. N.W. \ $4.25Double Blankets BEHRENDS ' |-~ 1 \@ Agents Ladies’ Home Journal Patterns J !’f OUTFITTING BOYS AND GIRLS AT SAVING PRICES= | $10.00 Boys’ Longie $4.00 Big Girls’ * Wool Suits Dresses Carefully Made Flannel.Vel- $ 98 2' and Durable Suits, veteen and Je $12.50 Big Girls’ that will stand gy _Dresses. In Coats , Continental Bakin and perhaps some h N 66x80 Heavy Block Plaid Blankets, in pink, blue, C gray, tan, vellow and rose. becoming mod rough treatment for el nieely a regular hoy. Man. made and trim nish coats and vests. med . henna. green, hlue and one long and short tan: kizes 4 to 11 $1.25 Boys’ Corduroy Wash Suits ‘ Corduroy ¢ Smart Dress Pants, with Coate, with chambray washable tops. in Oliver Twist style. Sizes 2 to & Blue and brown. Sacrificing An 85,000 Stock of SUITS 0’Coals Topcoats Nothing in our stores has been reserved—every single garment must be converted into immediate CASH, including the Fall and Winter styles that were received just prior to this sell-out order. Extra Salesmen and Tailors are on hand, ready to give you instant service on the greatest clothing bar- gains offered in Washington—past, present or future. Fixtures For Alterations Free of Charge WeMust Go/ If you will but read this letter, an exact reproduction of the original, you will note that there can be no “backsliding.” We must go—-the quicker the better! This sale is not “padded” with new stock—it is a flat sell-out of every garment that was in our store at the time of receipt of Executive’s order. When the last garment is sold—Wonder Clothes will belong to the ages. OPEN EVENINGS <& SAT. UNTIL 10 83 Boys’ Special Sweaters both plain colors of the season's new shades. Sizes 4 to 16 $6 Boys’ Chinchilla 0’Coats 89 $4.00 Girls’ Wool Sweaters All-wool Girls’ Sport and Dress Hats .98(51.981654.98 Becoming models in felt or velvet to suwit girls from n Ofl4 to 12 years: attractively » contrasting atripes. bise | made and trimmed: all sea- Sizes 4 0 12 vears. Sizes 6 1o 14 years. son’s new styles . e ) Let Us Show the Extraordinary Dresses Worth to $10 Silks, Flannels, Satins, Jersey, Velour 250 Brand-new Dresses in 14 to 46 sizes for misses and women. Choice of fashionable checks, plaids, stripes and all the new fashionable plain colors. In lot are nobby sport styles and dressy models. Styles duplicating highest priced dresses 75 High-Class Women’s Coats i Values to $39.75 New Soft Woolen Fabrics as well as lustrous $ 75 silky quality bolivia. Some have rich fur trim- ] ® mings of Sealine, Beaverette and Raccoon and Fitch Mandel. In lot are smart wrappy models flared or side rippled, as well as straightline ei- fects. 16 to 46 size Women’s Fixings at Attractive Prices Saturday Infants’ Specials Underpriced oral designs, both it el Sizes 38 to 44. In ollars and 2 pockets. M ar oon. Cinnamon, navy, gray and - Comniand buft. bAso brown. Sizes 3 to & years $5.00 Women'’s Blankets $12.50 Little Tots’ Cloth Coats Heavy Qublity $ .98 | Beautiful Clotn nnish and silk 2= $ '95 trimmed, all _around — Sizes 2 to fancy scroll, C, y y Coats or Camels’ and hats to match, tassel belts. Colors, copen, tan, rose, shades. S also finest broad- cloths. Attractively trimmed. All 6 years. Little Tots’ Panty Dresses th (i.‘ugl.\‘;zlnf,QI\"\:‘i‘le:Y 95 '8 $1.50 Little Tots’ Blanket Robes Broadcloth, $ and Novelty Weave g 5 and Velour Dresses, band 2-tone collar $6.00 Women’s and|Women’s Reversible Misses’ Sweaters Dresses $4.00 Women’s Corduroy Robes Full cut and length Corduroy Robes wonien, side-tie belts, long roll collar, wide- wale and _brocade. Al colors. Sizes 36 to s : A% Little Tots’ Bonnets and Hats Fancy §irnl| g In- i $1.50 to $5.00 tv robing: cuffs. Sizes 2 Coat style in all-wool quality. 34 to 4. Crepello, Velvets ats, to match all ribbon silk lined copen sizes pink, and 6 to 44 ed snades: SATURDAY SALE GLOVES, HOSIERY, LEATHER GOODS~ $1.50 Women’s “Guaranteed| $1.00 Ladies’ Fancy Cuff Brand” Silk Hose Fabric Glove Each pair must Chamois Suede Fabric Gloves, with fancy embroidered cuffs, 3row finely stitched backs, dou- ] ble finger tips. Colors, glve satisfaction or All season’s NeW|Gray, Tan, French Nude, Beige. we will give you a pair. Heavy, thread silk, 3- 59¢ Boys’ 75¢ Lat[el’ ¥ Ladies’ and Girlg’ Silk and Gloss Chamois Sport Hose Hese Suede 4 4c 5 39 ’ Gloves double soles. Heavy silk-and-fiber " Mixed Ribbed 1> the toe. ose, that will give Boys and Girls $pori | long ' wear: high ose: - embroidered, | epliced heels: seamed double-turned cuffs: | backe: black and all all _colors. colors. fur / new pure Beaded Bags 99 Imported e or Unlined ove, 2 clasps, embroidery B: Lined metal frames: well eatrmeay ned and fitted: i erent shiapes. ” Ail