Evening Star Newspaper, March 9, 1926, Page 25

CENENT NAERS FOREEE B YEAR Plan to Turn Out Enough to Build 8.8 Feet of Road for Each New Car. BY J. C. ROY Special Dispatch to The Star. NEW YORK, March 9.—Between 6.700 and 7.000 miles of concrete | rural highways will be built in the United States this The work of paving city str ill_call fo laying of more t 100,000,000 square yards of pavement, or enough to equal about the same milenge as | the country roads. As a result, ce-| ment manufacturers are prepared to| furnish an extraordinary tonnage | during the yvear. | The building requirements alone | probably will be fully as high as in 1925, the greatest buildinz vear ever | known. Already the volume of con-| struetion since January 1 has approx- | imated $2.000.000.000. Car to 88 Feet of Road. The acute necessity for more paved roads is evident from the (\X’Psf‘n' volume of automobile output. Con-| servative engineers estimnte that 4,200,000 automobiles may be turned out this vear. ) This would mean 2.400.000 cars for every’ mile of new paved highway, or onme car 2.8 feet. The added co actually be only half as sreat as that. however. | for about half the automobiles made | will replac now in use, which will be retir 1. Despite the enormous _demand. cement is selling at the mills at an average for the country as a whole | of less than half a cent a pound. Since it is a low-priced product. its transpor- tation is an important factor in costs to consumers, and it is for this reason that mills are reducing the extent of the territory each attempts to serve. This naturally has stimulated the building of more mills. Moving by Truck. Most of the cement plants of the country, except those in extremely out-of-the-way locations, have f. ties for moving cement by Many of the plants in the Mid West and South have indicated th truck shipments w consideration and have planned pa ing houses to facilitate movement this means. Most of such plants, how- are in or close to large cities, count on the ption of a considerable portion of plant output. | | LIFE’S DARKEST MOMEN NG STAR, WASHINGTON, —By WEBSTER. WHAT'S TH MATTER,, IRA? BAD NEWS? He-€-YUH - YUH-YuH! WE REGRET THAT TIHE ENCLOSED SCENARIO 1S NOT SUITABLE FOR OUR PURFDSES. — THE CHAPLIN f STUDIOS THE CGRATDUATE CF A CORRE SPOMDENMCE SCHOOL IM SCENMARID WRITINMG HAS HIS SIDE SPLITTING COME DY REJECTED By THE CHAPLIre STOUOI10S Copr. 1928 (N. Y. World) Press Pub. ©~., There is an ever greater tendency | to locate new cement plants near water transportation. At least § of the 25 newest plants planned or under construction will be able to ship by water as well as by rail or truck. Won't Mix Concrete. In spite of the location of plant: near large cities, few manufacturers are preparing to go into the business of mixing concrete and delivering it veady for pouring on the jobs in their erritories. Experts declare that sure to come, it fits in better with the The latter have ov nuisance which prevented them from | locating in bui dust_coliectors plants or the substitution of the wet process in which the raw jeuter the kilne in a liquid or semi- iiquid _state. materfals makes such inadvisable. raw VOTE ON STOCK INCREASE. NEW YORK. March 9 (P).—Stock. | 'ésular payment declared a tew days | Leghorns, 28a30 ‘come the dust capons, 37a44; ducks, EXPECT DIVIDENDS. NEW YORK, March 9 (P).—Sev- eral developments, likely to exert an influence on the price movement, are scheduled for this week. Directors of the Chrysler Corporation meet But the obtaining of | today, presumably for dividend action | location | On the new stock. ~Directors of the Pere Marquette Railroad meet to con. | | sider furtiter dividend action at noon | Wednesday, when Wall Street ex pects the declaration of an extra dividend of $2, in addition to the up sections either by ! used in dry process : owl poor and pigeons, pui materials 3 Dressed poultry—Turkeys. young. 5430: old, 40a42: chickens, young, 35a : old, 30a75; capons, 37a48: ducks, 3. gees 22a50 4 zs—Receipts, 1,178 cases; native jand nearby points, fresh. dozen offer- candled, 2 D. . C, TUESDAY, MARCH ‘9, 1926.' W., B. A. HAS DEFICIT OF $13,5633.81 IN 1925 Laid to Inroads of Private Autos' Rather Than Busses—1926 Outloook Brighter. Special Dispatch to The Star. BALTIMORE, March . 9.—Prelim- inary figures of the Washington, Bal- timore and Annapolis Electric Rail- road for 1925, just made public, show a deficit of $13,533.81 after payment of interest, depreciation. etc. This compares with a balance of $18,529 for the previous vear after deductions. The report shows further that the Annapolis and Chesapeake Bay Power Co., whose operating results are now ircluded in those of the parent com- pany. more than earned its way, while the rallway division lacked $14,000 of earning interest charges, amortization of discount on funded debt and provision for depreciation. The unfavorable showing is attributed to inroads made into revenues by pri- vate automobiles more than to opera- tion of hus lines. - President J. J. Doyle says the but- look for the currant vear is brighter. Business of the Annapolis and Chesa- peake Bay Power Co. is steadily ex- panding The condensed consolidated sum mary of jncome and profit and loss for the vear 1925. covering operations of parent company, the Annapolis and Chesapeaké Ray Power Co., the Ter- minal Real Estate (‘o. and the Mary- land Development and Realty (‘0. of Anne Arundel County, is as follows: Qperating revenue. . $2.604.910.69 Operating _exnenses orior " to provieion for depreciation.. 109472362 about Net_onerating revenue prior o provision for deprecia- knabie o railway and $700.187.07 128.867.20 income prior to ne for depreciation ot . Gross income for the sear an- plicable _to interest on lod deht. .......... $508.836.20 1rom Froas income— on fund- ... .$518.804.16 of discount fundsd LR Provivion' for de- reciation 18.48R.67 Net income for the vear Piofit and laks not credite dur. ing the yea; Tt Profit and 1nss grose surplus for the vear i Dividends paid Profit and loss surplus for the vear. ... .. . Profit_and lows ‘surnlus at’ be Finning of the sear . Profit_and loss surplus at e of the year........ GO}‘D FROfi CANADA. NEW YORK. March 9 (#).—The re. cent gold movement from Canada to which has exceeded §3 exnected in Street to 000.000. Shipments thus fir have been for government account. but owing to the curernt weakness in Ca- Canadian dollar now being half of 1 $773.080.72 | nadian exchange, the discount on the per cent, commercial shipments are RAW SUGAR PRICE GOES TO NEW LOW LEVEL TODAY NEW YORK, March 9 (®.—An other new low level for the season In the raw sugar market was estab lished early today when a sale of 20,000 bags of Porto Rican was re- ported for March arrival to a refiner at 4.02, 6ff 132 of a cent. There was also a sale of 10,000 hags of Cuban to an operator for April shipment at 4,05, duty paid. The continued liberal offerings of the spot market led (o further lquida- tion and Cuban selling in raw sugar futures, where prices at one time dur- ing the forenoon seston showed de clines of 2 to 3 points. On the de cline shorts and commission houses bought, and slight rallies followed, with the market at midday 1 to 2 points net lower. Refined sugar was easy and un- changed to 5 points lower, with prac- tically all refiners listing at 5 cents for fine granulated, but with only a moderate inquiry reported. DRY GOODS TRADE QUIET. Special Dispateh to The Star. NEW YORK. March .- goods prices steadied today, trade continued quiet. were qtioted at 81, cents for 64x60x and 9% for 88x72s. Raw silks eased off 5 cents a pound, the grand XX descriptions topping the list of 6.85. Trade was slow. Cotton though Overworked? Avoid Constipation Long hours at the desk, shortened hours§of sleep, hasty and irregular meals, lack of exercise—these sap the vitality of the strongest body. 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