Evening Star Newspaper, February 3, 1926, Page 27

QUOTATIONS FIRM AT GENTER MARKET Cheaper Eggs Expected Here Soon—Poultry and Meat Unchanged. No change in prices, and very strong were reporte jon of the butter und eg is mornit Both pro always in demand, according to deal ers, oven when other branches of the market are quiet Storage eggs, In demand for cook- tng during the Winter season, when k 1s scarce and high, arc not much in demand ate in the seamon. It is believed by dealers that iresh eggs soon will become ylentiful rnough to cause a material <ccrease in prices. Meat and poultry prices have dergone no material cb two day rices remain about t market Keats. hogs. cholce, 1 fruits the Mar Agriculty market and compt B ate: demand York, bulk per to pe. 60.00 ory—supplies moderate; demand moderat stead 00-pound , 3.00a3.15. plies moderate; t dull Yellows Potatoes— mand mode T slightly weaker; ) sacks Russet Rurals U. 7.00; Wisconsin and N pound sacks round whi de- and sinach—Supplies moderate; mand moderate, light; de falr quality an d [ ry quality and cor Green Peas Come Down. Tomatoes—Supplies light; demand N narl—cz firm; Cuba, repack- fancy count, demand | bushel , mostiy 2.00. supplies upplies light; | 1o eales reported. Peas—Supplies moderate; demand moderate, market slightly weaker; JMexico, crates, 6.50a7.00; few high us 7.50. Peppers—Eupplles light; demand Iight, market steady; Cuba, pepper crates, fancy stock, 5.00. Fggplant—Supplies light; demand moderate, market slightly weaker; Cuba, pepper crates, fancy, 6.50a7.00. Squash, cucumbers and okra—No supplies on market. HARDWARE SALES UP. January Good Month—Spring Or- ders Are Materializing. Specfal Dispatch to Tha Star. NEW YORK, February ware Age will say “The r very 3.—Hard- row has been a he matter of ccording to reports 9 rket centers. he month is of that for The sale satisiactory hardware from the Business substantial the same period lust year, of staple advance the peak hed until prove enerally low ut conditions gen- erally are basically sound is indi- cated by the fact that cullections are favorable.” $2,500,000 OUTLAY ON PICTURE STUDIO HOLLYWOOD, Calif., February 3 ) costing more than ade immediately Pickford Motion Pic- owing the completion t the Fairba ture Studio fc ¢ a long-term lease Ly lot is to be the United Studio Schenck Occupation the by Schenck _organization, which has Norma Talmadge, Constance Tal- adge and Rudolph Valentino among its stars, will start in about thres weels. ik of the LOAN REPORT DUE SOON. February 3 UP).—The hange yesterday tion of official data reported by its ast Friday. The fig- will be made public and may be held - release simultineously with sim- data_assembled by the Federal ication {n the Febrnary ot the Federal Reserve Board. You are rich only as you enrich theé Jives of others, bulletin w | on| ') Fork tn deal !Strawberries Drop From $4 Per Quart To 60 and 70 Cents By the Associated Pres CHICAGO, February 3.—Straw- berries in car lots have begun to arrive in the North from Florida, and prices have started a para- chute descent from a nearly fabu- lous hefght. Wholesale quantities of berries are now to be had at 60 s to 70 cents a quart, as com pared with recent prices of $3 to $4, according to a report today Ly the CGovernment Bureau of Agricultural Economies. Further- more, the report s to heavy production is expected in Loulstana, the first State to fol low Florida. NEW IDEA APPLIED TOFOOD INDUSTRY Products Corporation Form- ed in Maryland Will Act as Holding Company. straw- By the Assoclated NEW YORK tlonal Food F corporated under rporation, in- the laws of Mary. ate as a hold- s In the food | &, selling and | Forma- according to the first food trade n been mml.lx success. tempt to policy which ha ful in the p S UFeiinbl n bectt] heva buon as the new corporation in the k C ., the James But United Stores Corpo. David Pender Grocery Co., ates Dairy Pruducts Corpor Co. ratfon, ing and g activities will provide tion’s income. ident of Burdan A. McDermott, ©of the United States Corporation. A banking group, headed by Chand- ler & Co., will make of approximately $4,500, company’s stock at an earl vice preside Dairy Produc of date. RESERVE BANK USES FULL CREDIT FREEDOM | Relations With Bank of England Have No Bearing on Home Policies, By the Associated Press. V _YORK, February 3.—Policies he Federal Reserve Bank of New & with domestic cred conditions are not influenced nts between nd and tha New York,” said the involve no commitment as to be pursued by this in dealing with domestic credit conditions. While it is the Intention of this bank to exchange {nformation fully with the Bank of England and to avold any unnecessary action which would be detrimental to the maintenance of a free gold market, the Federal Bank of New York and the Bank of England both are ab- free and uncommitted as to action whatever relative to dlis- any “In sterling’s close approach to parity considerable interest was | aroused by the bank's first official an. nouncement that no use had been made of the §200.000,000 credit placed at the disposal of the Bank of Eng. land last Spring for a two-year period in connection with England’s return to gold payments. BANK CLEARINGS GAIN. Maryland Institutions Show Sub- stantial Progress. Spectal Dispatch to The Star. BALTIMORE, February 3.— The upward trend of Baltimore bank clearings is continuing into the new year, January figures showing a n high figure for that month at $195.. 21,978, This compared with a total of $443,104,149 for January, 1925, and represented an increase of $52,417, 229, or 11.8 per cent. Baltimore bank clearings for Janu- ary over a period of 10 years, in mil- lions, compare as follow: Total deposits in 14 mutual savings banks in Baltimore reporting to the ifth District Reserve Bank amount. ed to $152,148.807 on December 31, the highest figure on record. , on December 31, 1924, depost the same banks totaled $146,16 COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY BOSTON, February 3.—Thirty per cent of the stockings sold by the Ips- wich mills for the past four weeks have called for wood tone colors. Flesh tones took 14.7 per cent, black 14.3 per cent, gray tones 14 per cent and flower tones 9.8 per cent. "ORT WORTH, February 3.—The st _contracting done for long wool 1926 Spring production here has been at 40 cents a pound. Jess Neal of San Angelo has con- tracted for fleeces of ewes belonging . Mann of Glasscock County. SPRINGFIELD, 1IL, February 3.— The gross value of the principal Iili- nois crops produced during the last season was $422,757,000, a_decrease of per cent, or $94,000,000, from the 1924 valuation. Corn, oats and hay showed the principal decrease. MALDEN, Mass., February 3.—Be- cause of the mild, open Winter the Converse Rubber Shoe Co. of Malden has curtailed operations to four days a week. About 1,800 employes are affected. - The tire department will continue on full time. PITTSBURGH, bruary 3.—Steel orders are plentiful, but most of them | speciat are for future speaifications. This is working toward a lull in production, the only heavy demand being for tin- i plate, which is usually quiet at this time of year. H. IVE WOOL MAGNATE 0UT OF HUGE INDUSTRY Wood’s Death Not Felt To- day in Textile Circles—Once Outstanding Figure. BY J. C. ROYLE. Special Dispatch to The Star. W YORK, February 8.—The wool market, the textile markets and e stock market were unaffected to- ragic death in Florida of 1 M. Wood, former head of the American Woolen Co. That could not have been the case two years o, when he the outstanding figure in the woolen industry of the world. It is a strange coincident that Mr. Wood's death occurred the day after the formal opening of the 1926 Fall lines of the American Woolen Co. The prices named, according to textile men, were such as to insure heavy production throughout the coming months and gave a stimulus to textile industry and improved the look for the wool growers, esp those of Utah and the inter-Moun States, the output from which b been partly absorbed by the big com- pany. Left Company in 1924. Wood resigned from the presi- y of the company in December, 1924° The exact cause of his action was never made public, although ill health undoubtedly was one reason. < credited with huving bullt up concern into a position where it 1 dominant factor in its line. he company, which was ncor- porated in 1889, under his direction, and which absorbed many plants in the textile trade, now a capitaliza- tion of $90,000.000 outstanding and operates over 60 mills and employes roughly about 40,000 workers. Earned 44.89 on Common. During the war vears, beginning with 1016, operations were highly profitable, und in 1919 earnings on the mmon stock rose to 44.89 per cent. There was a surplus in each year up 10 1920, Then in 1924 came u severe clv'prs\\inn in the textile industry Dividend payments on the commo: stock of American Waoolen were sus pended rnings statements for tha vear showed a deficit before dividends of $6,944.420 and after preferred divi The profit_and M Wood assur - wages would not be cut, ther textile mills were put ting reductions into effect. He Kept his word up to the time of his resig . December 30, 1924, In July, 925, with the company under new management, wages were cut 10 per cent. Drew Bitter Criticism. arting life as he did, as a_poor Mr. Wood, 1 his'n his ar svmpathy ted ftself the model vi built at Sh: his sponsorship of which the company sheen, Mass. Mr. Wood moved the executive of- » Woolen Co. from -en village, and this only by exect l(h-u uvers who took the Am nd who were for to the village to do bu emploves of the company were pleased her. Tt wae freely re- 1that they reserted the piternal- tic attitude of the Wood administra preferred Mving ! where | His friend: betrorme: Blow to M u A Rooa portion have now been SEABOARD AIR LINE BREAKS ALL RECORDS December Figures Make Road's Total Earnings for Year Best in History. <patch to T BALTIMORE, February 3.—The to- | tal operating revenues and the profit and loss b e of the Seaboard Air Line for 1925 surpassed all previous records. In the preliminary report, Jjust issued, it is shown that total op. erating revenues for last December were $6,104.301, an Increase of $800,- 627 over the same period of the pre- ceding year. The company’s statement for the 12 months of last year shows total op- erating revenues of $62,862.740, an In- crease of $9,4° while total operat- ing expenses of $48, 452 showed an increase of £5,341,81 A gain in net revenue of 4,136,749 was shown in the year's total.of $16,133,288. Floods and freight congestion dur- ing a part of the yvear cut heavily into the receipts of the company In 1925, but these mishaps were Somewhat made up for by the opening of the company's subsidiary, the Florida Western and_Northern, which goes across the State of Florida. The profit and loss account of the com- pany for was $2,784,975, an in. oL OUTPUT DECREASES. Daily Production of Crude Drops Off During Week. SW YORK, February 3 (#).—The daily average crude oil pro- duction in the United States de-| creased 33,450 barrels for the week ended January 30, totaling 1,892,000 barrels, according to the weekly summary of the American Petroleum Institute. The dally average pro- duction of Smackover, Ark. heavy oil fleld decreased 21,950 barrels. The daily average production in the United States, excluding Smackover heavy, decreased 13,500 barrels. The daily average production east of Cal- ffornia was 1,280,900 barrels, a de- crease of 34,450 YEAR’S EARNINGS LARGE. Merchants & Miners’ Co. May Show $8 Per Share. Special Dispatch to The Star. BALTIMORE, February 3.—Though the annual meeting of Merchants and Miners’ Transportation Co. will not be held until next month, the local financial district is already agog with reports of the tremendous earnings the company will show for the full year of 19 It 1s reported from authentlc sources that the company earned in excess of $8 per share on its 242,500 shares of no par common stock during the twelve months, or $5.50 in excess of the present dividend rate on the stock. e BBl B SN STEEL PLANT TO EXPAND. NEW YORK, February 3 (#.— Private dispatches from ~Pittsburgh received in Wall Street state that Carnegle Steel Co. is considering the erection of 300 ovens at its by-prod- uets plant at Clairton, involving about $5,000,000, SPECIAL SALE! Weber’s Pure Honey 1-1b. Glass Jar, 31 C 240b. Tin...05¢ 34b. Glass Jar. 83 ¢ The best table honey there is.. Guaranteed to be strictly pure, just as the bees gather it—free from adulteration. Take home a jar tonight. On Sale Two Stores Only! Store No. 2—7th and E Sts N.W. Store No. 8—14th and Park Road | Definite Savings On Drug Palmolive Soap, 8c; 4 for 30c | Thompson's Castile Soap, 18es 3 for ...iuiweiainsis Cold Cream Eavenson’s Soap ....ec. Jergen's Lotion .... Frostilla Lotion .........23c | D. & R. Cold Cream... Woodbury's Creams .....42c Pompeian Day Cream....49¢ ..38¢ Pebeco Tooth Paste. .. . 30c Size Kolynos Tooth Paste ..43c EI CH TEEN S TORES —The Better To Serve You Mammy Lou Candies Pound, 490 A pound box containing a tempting assort ment of old-fashioned homemade chocolates anc bonbons. Made only as Mammy Lou can m them. tore Needs! THROUGHOUT THE 18 BUSY PEOPLES DRUG STORES Nationally Known Popular Toiletries at Peoples Low Prices Ipana Tooth Paste ... Kolynos Tooth Paste Colgate’s Tooth Paste (giant size) Y Coty's L'Origan Face Powder ....... Java Rice Face Powder...38¢c Azurea Face Powder.. . ..78¢c Pinaud's Eau de Quinine Hair Tonic . .85 50c Herpicide Danderine, Wildroot. . Mulsified ('ormmur Oll Shampoo 5 Palmolive \hampoo. Sareels Wildroot Shampoo ......45¢c Amami Shampoo, 15¢; 48c | 40c Size Squibb’s Tooth Paste 1 Car-Mac Dental Cream 3 Cakes, 20c “Hands of Velvet in a Single Night” Queen Anne Lotion 35¢ and 65¢ No need to suffer from red, rough chapped conditions of the face and hands when Queen Anne Lotion will quickly heal them—so soothing and cooling, too. Resinol Soap 3 Cakes $1.25 Size Pinaud’s Lilac Vegetal Also pro- tects the skin and prevents chaps during this cold weather. Keep Your Hair Well Groomed and in Place! Manners’ Hair Trainer Only 50(3 A small amount of Manners’ Hair Trainer applied in the morning is suffi- cient to keep the hair in a well-groomed appearance throughout the day. Makes unruly, obstinate hair lie down and stay in place. { Fountain Syringe Special 980 This Fountain Syringe is fashioned of a superior grade of quality rubber. Complete with rapid-flow tubing. metal toff and two hard r\.bb@r pipes. Two-quart ca Guaranteed to give sati: service for one year. Playing Cards 67¢c ..67c cssesercseess2be “Congress” ¥500” ... “Clipper” “Bee” ..ececesnsvencs 48 “Bicycle” ...omevuen..-38c Tally Pad SrainieC Poker Chips. ... Rubber Bath Sponges Special 190 This Sponge is made of an exceptionally high quality rub- ber that is very absorbent and soft. Ideal for the bath. Household Rubber Gloves Special 79c Thess Gloves are fashioned of a good grade of heavy rubber that gives unusually long and satisfactory service. Many dif- ferent sizes—all of which come well above .the wrist. Wear them while washing dishes— they protact your hands. $5 “Torrid” Electric Flat Iron These Electric Irons have a beautiful nickel - plated finish, and are the regular 6-Ib. welght. easily attached to any light socket, and have a guaranteed heating unit. A regular $5.00 %® value. Special, $2.98. Full-length cord that may be - Pure Drugs Dependable— Priced Low Rubbing Alcohol, pin:. Asafetida, cake...... 10c Blue Ointment, ¥; os.. 10c Carbolic Acid, 1 oz, 10c: 16 oz, 59 Gum Camphor, 1 oz, 10c; 3 for 25c; 1b....... Aromatic Cascara, 1 oz. .39 -$129 -, 10c; . 3 for 25¢ Castor Oil, 2 oz., 10c; 4 oz., 17c; pint PP 1 Chloroform Liniment, 1 oz., 10¢c 3 for 25¢ Cod Liver Oil, pint.. ..........3% Compound Licorice Powder, 2 oz, 10¢; 5 for........ .. Dobell's Solution, plain, pint Dobell's Solution, improved. Elixir Iron, Quinine and Strychnine, 3 oz, 25c; 8 o Glycerine, 2 oz, 10c; 4 for Lime Water, pint .... .. I5¢ Brown Mixture, 2 oz., 10c; 4 for 19¢ Mutton Tallow, 1 oz. tin.......10¢ Camphorated Oil, 1 oz., 10c; 3'for 25¢ Hydrogen Peroxide, Y Ib, 10c; L, 25¢ Quinine Capsules, 5 gr., dozen..25¢ Boric Acid Solution, 2 oz, 10c; 4 for 15¢ Seidlizz Powders, bozes of 10.. 19 Soap Liniment, I oz., 10c; 4 for 25c Bicarbonate of Soda, lb........15¢c Soda Mint Liquid, pint.. 15¢ Spirits of Camphor, 1 oz, 10c; 2 for 19 s,.zru‘ of Turpentine, 4 oz 106 Sngnr of Milk, Merck's, b. Sweet Oil, 1 oz, 10 Sweet Spirits of Nitr Svrup Ipecac, 1 oz., I5c Soda Mint Tablets e Calomel and Soda Tablets, 100. 1% 75¢ Size 75¢ Size Dryco | Powdered Dioxogen Antiseptic 60c Size Bromo Seltzer For Headaches Sal Hepatica $1.10 Size Pinkham’s Vegetable Compound $1.00 Size Squibb’s 0il of Petrolatum $1.90 Size S.S.S. $1.45 $1.00 Size Zonite Box of 10 Seidlitz Powders Antiseptic Be Careful of That Cough That Hangs On! Hall’s Cherry Expectorant 35¢—60c—$1.00 Do not let that cough get a start— this is pneumonia season, which re- sults in many people having serious attacks of illness that could have been averted by taking a few extra meas- ures to safeguard their health. Hall's Cherry Expectorant affords quick and effective relief for coughs and contains only %® beneficial ingredients.