Evening Star Newspaper, February 1, 1926, Page 21

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

WHOLESALE PRICE LITTLE CHANGED Saturday Quotations Again Prevail Today—Apple Sup- plies in Market. early this morning fated to bring out buy- numbers. ‘ morn. lly is slow, dealers 2 today wis no exception to & rul There were @ for all buvers, w ple supplies on hand onding to dealers, substantially the 1eed o the close wket con e unable probable changes during 1 and tomorrow cha con reeeipts may N's Wholesale rices. one-pound print Fruit "oday's 1 vegetalles, compiled News Service, Hurean of and Vegetable Review - eport on fruits and Market ricultural quality, mpers. demar California, | ipplies very light; zreen, 11.00a woas 5.00. Strawberries—Supplies mand light, market steady; nited St . 1, A0ak0, most ner quart. EVERYMAN'S INVESTMEN/ BY GEORGE T. HUGHES. Investor ch Know? informa What Does the T point on w tial before an investment | ied for any of his capital be looked into { the investor with il affairs equil, the can be form 11 is the amour md matter to s the familiarity rogrim ndivid The sec Other thin vho 1s in active touch with trade ndustry is justified in wrge risk and attempting return on his inve higher i one W a ker to study finance noment taken up h that of f wi vith b mer can afford to take chanc would he folly for the latte sider, and yet in « wrofesstonal man bout specu ion is much undertaking least fitted about in those but ment. The art of that it will bring the consistent with safety & with existing conditions cannot sue cessfully be cultivated without long and arduous study. It is not a “hit or-m! atter, but the application of trained judgment to financial af fatrs. The information on which sound in- vestment practice is fonnded is avail ahle to all who will take the time to search it out and who have the edu- cated Intelligence to interpret it, those not so qualificd make unsafe gutdes for themselves or other the question as to where to vice on nvestments 1 ~omething to say later ent the rule I want, to impress on the reaMer ix that any sound fnvest ment plan takes into conslderation the epportunities or the lack of them which the Investor has to acquaint Imself with-—the Important develop- | ludles, 34a36; store-packed, 30a3; Sterling Reaches Highest Point Since the War By the Associated Press. LONDO! February 1. —The: pound sterling rose on the foreign exchange market this morning to $4.86%. the highest point touched (The gold pound sterling since the bas of $4.865). An upward movement is usual at this time of year, but the present one is considered in market circles to have been helped by American and Continental purchases, and is looked upon as somewhat can in view of the gold position and in ing competition on the part of foreign loans. The sterling rate e during the afternoon. LESS BORROWING LIKELY. Business Men to Use More of Own Funds During 1926. increased gross sales are ex- 18 illustrated by ease in pay roll parity is war., the d a fraction That pected during 1 the anticipated in As many as 63 p | men expect to add to their pa 1926, This percentage, says zine of Wall Street, parallels sely those re expanding their business facilities. who are fully 5 per cent of those replying. In other words, two-thirds ness men expect to equip them- selves for more husiness, on thefr own money, but they expect a_corre- sponding increase in costs. This is confirmed by the rather interesting question, “Will net Whereas 88 per believe that gross sales will in- one-fourth of those that so are not convinced that they t this increased business * profit ses In cost, rising propor- Iy with increase in business, rusly an important factor, as 1 by pay roll increases. On v hand, a great many believe despite roll expansion, net They constitute a » minority. RUBBER MARKET READY. Trading Begins Tomorrow on New York Exchange. YORK, in cent Ly February 1 (Pl— 1 public's sduction’ and dls- rubber will be signalized when trading in rubber futures will begin for the first time country on the Coroa and Rub- rhange of America. Sponsors w trading center expect that freest and most rubber market in the world. e unit of trading will be five long rubber " will month of the elected p TRADE VIEWS DIVIDED. ric | = N IC‘)mu.\mn in Business Trend Noted in Weekly Reviews. YORK. Febrnary 1 (P).—The f business tendencies was in the W which not . in trade 3 another f raging prospects pre und dis- are more active than a , but it must be conceded that not_moving with the speed 1 earlier in the month, sald et's. Agreeing that conserva- 1 governed operations, Dun'’s however, that even in lines where Uts had not wholly met expecta principal metal trades, RECORD BOND MONTH. January Saw Highest: Averages in Quotations for Years. NEW YORK, February 1 (#).—The st month of the new vear in the nd market closed with the price erage of representative corporation ighest level in several v to the uninter- rupted pr ¢ hond trading, the month also was noteworthy for a large volume of new financing, which an {eager investment demand readily al. hed. Bond flotations last week maintained the weekly average of more than $100 000,000 in new offerings which featured 1 NET INCOME DECLINES. NEW YORK, February 1 (#).—Net income of the American Railway Ex- press for the first 10 months of 1925 was $1,835,262, a decline of $65,095 compared with the same period of 1424, Gross revenues increased $1, DAIRY PRODUCTS. BALTIMORE, Young chicken: horns, 24a8 old hens, 1 g pound, 24a34; Winter chickens, 37a3x: 31; Leghorns, 22a24; a40; ducks, 2 25a30; Dressed 43a50; ol 3 guinea fowls, 857 —Turkeys, young, chickens, youn pons, 36a47; duc Sggs—Receipts, 519 cases: native nd nearby, fresh, dozen, offered 37 38; candled, 39a40. Butter- Good to funcy creamery, pound, 42a47; pound 9 prints, 47a49 lai prints, 30z rolls, 30a35 . FOR ouf Hereaiter instead of soda take a little “Phillips Milk of Magnesia” in water any time for indigestion or sour, acid, gassy stomach, and relief will ‘come instantly. Better Than Soda For fifty years genuine “Phillips Milk of Magnesia” has been pre- scribed by physicians because it I.wru-omc~ three times as much acid 4 1n the stomach as a saturated solu~ process butter, 393,40; | NO QUICK TUMBLE IN RUBBER LIKELY Supply and Demand Expect- ed to Keep Prices High for Several Years. BY J. C. ROYLE. Special Dispateh to The Star. NEW YORK, February 1.-—kve restriction against the production and export of crude vubber from her Far Eastern possessions was removed to- day by Great Britain. For the time being, at least, the Stevenson plan for regulating the amount of rubber per- mitted for export, and which aroused s0 interest and contention In and commercial circles, 1s erative. rding to the Amer Manufacturers and their supporters, so called “iniquitious’ regulation responsible for the high price of rubber and was enabling Great Bri- tain to gouge the American consumer to the extent of scores of millions an- nually. It might have been thought from these assertions by those not fully informed that when the plan was nuliffled, prices would have dropped to the level » it went into effect. the ¢ The law of was found still to oprerative s effective in sustaining prices as the Stevenson schem The English advocates of the Stev. enson measure say American manufacturers simply falled to learn their lesson and misjudged the situi tlon as to the amount of rubber avail able, the demand and the price trend n Rubber Rapid Growth in Demand. American rubber their part say it is in baste commodity in hu this country of forelgn t set ubout to el wisest possible starting duction on_ their wecount will mean final independence consume serable t > de for a nd in inds pro. That but 1t E|COMFORT % g That’s what a Col- & bert-installed Heating Plant in your home ) means always. Why put up with an in- adequate plant, when we're ready to install new heater or modernize that old one, promptly and rea- § Phone Main 621 F Street 3016-3017 % ARAERRRRRREENERLERRERES sonably’? aurice J. Colbert Heating T I N G M Plumbing - Tinning SUNDAY EXCURSION Direct to Penn Ith Ave. and Leaves Midnight, Penn: York City. 8. Returning, Washington Satuntay arrives am leaves New York 20 pm Tickets on sale two daxa preceeding date of excursion Similar Excursion Sunday, Pennsylvania Railroad The Standard Railroad of the Worl, has | Everybody is doing it. The wisc ones are prepared. Get a pair of ~HOO0D- AT YOUR DEALER’S e — S Pfll].LlPS' Milk of Magnesia tion of bicarbonate of soda, leaving the stomach sweet anad free from all gases. Besides, it neutralizes acid fermentations in the bowels and gently urges this souring waste from the system without purging. Tt is far more pleasant to take than soda. Try a 25¢ Bottle Insist upon “Phillips.” Twenty- five cent and fifty-cent bottles, any drugstore. will not relleve the situation for years to_come. Even with restrictions on production removed and exports pushed to the utmost, as they will be to take ad- vantage of present prices, it is a ques tion as to whether the world supply of rubber will be equal to the demand. The world demand for rubber is grow- Ing at the rate of at least 50,000 to 60,000 tons annually. With Europe recovering from post-war depression, tured, to say nothing of tubes. Tn the coming year well informed tire men expect production to exceed 60,000,000 casings for the first time. Tire fac- tories account for more than half of the rubber consumed in the United tates, but the businesses which ab- sorb the remainder also are on the upcurve of production. Rubber foot- wear and beltings have been in good demund. Mechanical rubber goods plants are running at high speed E the increase promises to become even greates The sales volume of the electrical equipment Industry, also a large con- sumer of rubber. is tremendous at present, and is likely 5 b 5 ween 46,000,000 and 50, tire In 18 000,000 casings were manufac to increase us Regular Lines of Goods In addition to special purchases, it is our constant aim to carry in our Down Stairs Store complete lines of regular goods in every section. And the prices, in accordance with our aim, must average as low, or lower than elsewhere- Another Sale—200 New Georgette and Crepe Frocks, in All Sizes Sizes $ 16 to 45 Unlike the usual $10 dresses, these are entirely new—in style, color and trimming. The quality is rarely found, and the workmanship is very out of the ordinary at this price. ever. Smart one and two piece styles, in Georgette, Flat Crepe, Crepe de Chine, Wool Crepe and Satins. Smocking, flowing godets, side pleats, kick pleats and flare skirts a o en i ; uses re skirts are to be seen in new uses. ther. DOWN STAIRS STORE Patent Leather and Satin Pumps One-Straps—Step-Ins—D’Orsays metallic embroider: the vear goes on, in view of the num- ber of new hydroelectric plants pro- jected and in course of construction the adoption of the oll-electric rail- road locomotive for short runs used by many leading railroads and the tremendous expansion programs of the telephone and telegraph com- panies. According to E. M. Herr, president of the Westinghouse Electric & Manufacturing Co.. the producers of electric current will spend over $700 000,000 in expansions and improv, ments this year. (Copyright. 1920.) FISHER'S PRICE INDEX. NEW HAVEN, Conn (8pecial). power 62 and 62.8; Crump 5.5, Irving Fisher, rts. Yebruary (Copyright, 19 MATURITIES SMALL. N YORK, relatively small, in comparison January und $2 responding month Cleans Teeth Safely Children take to the flavor Februar totali; with $84,4 10 in car. in the cor- | Woodmard X Wothrop DOWN STAIRS STORE All New Styles Smocking is the big feature in trimming—with ilk embroidery, tucks, pleats, lace and buttens appearing more charming than Colors include Green, Gray, Blue, Tan, Cocoa, Rosewood, N We were extremely fortunate in securing these dresses to sell for $10—and you will consider vourself fortunate in securing one, once you see y and Black. Greatly Reduced ;'::sday $2 .65 Finely m:\dg, comiortable and new. < shoes at this greatly reduced price for l'uesday. Many new models have Leen received in the favored one-strap. D’'Orsay and step-in styles. BILACK says Fashion is THE color for footwear, for street, afternoon and formal wear. DOWX STAIRS <STORY. All Sizes 3to8 In the Lot New Shipment Ruffled, Hemstitched Marquisette and Scrim Curtains 7 8c Pair sell for much more well made and may be These iresh, new Curtains are long and have tie-backs. specially priced, and New Cretonnes show new colors and patterns, 28¢c, 38¢c yd. yards They are very would " ordinarily New Voiles, very Very specially priced. Small, large and all-over designs in striking color com- binations — including the new panel effects, floral. basket and bird effects—is very desirable and at this price, ex- tremely reasonable. for underwear, dresses and draperies. copen, rose, white, black. Low, Medium \ qu \ and High Heels They are extremely used in dining rooms, bedrooms and kitchens. sheer and soft, Special, 28¢ yd. Showing new pastel shades, so suitable children’s Springtime Shades of orchid, honeydew, berry, tan, pink, flesh, blue, coral and straw- Plain and Fancy Scrim and Marquisette, 20c yard DOWN STAIRS STORE Genuine Imported Englisp Broadcloth . Ohirts, Special 3 for 35 Shirts you'd willingly pay a higher price for. scimpy about them—high luster, faultless tailoring and perfection of fit are features other than those pointed out in Now s Snonxapit Band 60 Burron Faony Full cut, nothing 51.75 the illustration. B Tuzw Lenory Boor Blue, White and Gray. in neckband and collar- attached styles. Collar-attached in white only. Sizes 14 to 17. DOWN STAIRS STORE New Cudledoon and Feather-weight Jersey Sports Dresses Are Very Smart for Spring $1O and 312.50 We predict a pog You will lon i they're so inexpensive, rfs and tie ations. are delightiully new . coon, rosc, orchi i DOWN STAIRS STORF Printed Jacquard Rayon, Special, $1.38 Yard P p ) al design h color Colored Silk Pongee, $1 Yard Specially This Tovel uses, that st wise, 1 tan, blue and white DOWN STAIRS STORS CHoed All-Wool Slip-on and Sleeveless Sweaters, $1.50 Very specia i ers in new ligl New shades: ( Szes 34 to 44 Coat-style Swea eights 5 New Rayon Scarfs. Special, $1 v very specially priced ted and hand-blocked desig array of colors. Pastel chades ombinations. DOWN STATRS STORE Full-Fashioned Service-Weight ‘ and Chiffon Hose Greatly Reduced $1 s Beautiful, Clear-weave, Shees for Tuesday to garter band, with feet and gart which reinforces and weight Hose with 1 blush, rose blonde, Sizes 874 to 10. Silk and Wool Hose, $1.15 special Ribbed Top Hose, in shades of coating, camel, white brown, black and white. Sizes 8% to 10, . DOWN STAIRS STORE - bands of lisle, ves longer service. Service- e tops, also. Blue fox, flesh, gun n 1 ar atmosphere. Sale—Tuesday Children’s High Shoes $1.45 $7.45 Sturdily Constructed Shoes built to wear. Of tan and black calf, also some in combination. Welt, McKay, stitched down and turned soles. We are clearing out our much higher priced stock at these prices Tuesday. Remarkable savings may be made by attending this sale. DOWN STAIRS STORE Sizes 1 to 5 57 to 8 Sizes 814 to 11 11% to 2 9x12 and 8.3x10.6 Seamless Velvet Rugs, Greatly Reduced to Tuesday—for the first time—we place a lim- ited quantity of these splendid rugs on sale at $20. They all have fringed ends. They are PERFECT and are odd lots and are, therefore, very greatly reduced. All wool. in several fine-looking patterns and colorings. 27x54 Axminster Rugs, Special, $2.45 Scatter Size Rugs, reduced for Tuesday. In Oriental and Chinese designs and intriguing colorings. DOWN STAIRS STORE Good grade 20

Other pages from this issue: