Evening Star Newspaper, March 26, 1926, Page 29

PRICES OF POULTRY |SHIPPING MEN BACK ' FURTHER REDUCED +Spring 'Chickens and Tur- keys Continue Dear. Eggs Unchanged. A further decrease in poultry prices was the interesting feature of tods rcket. A drop to 30 and 31 cents vesterday wa « by a further drop to 2 fowls and 32 and 33 for dressed stock. b No incre nds for anything i1 the line of poultry or meats is ex- pected until the close of the Lenten wring chicken and turkey season. . the demand for prices o the king er_than usual. Butter and egg prices cont as those quoted yester nt changes in fruit and 148; store packe Average receint Spring Leghorn: 140, Dress- chickens, choice, 14; me- hogs, hes choice, Live stock dium, 11a1? Jo s ssed por Pennsyly € 50 ginia Ivania, A 00; A ¢ higher; A nd A 2% inch Yorks, | © mostly around , medium to large size, & v Deli 4.00a4.25; higher; extra fa low Newtown: 00; mostly extra fancy Staymans, 2. Romes, 2.50. Bushel basket York, 21z-inch Baldwins, 1.50. Asparagus — Supplies demand limited, market stea jfornia, dozen-bunch crate: size, 6.50a7.00; large s size, 5.50; small , small to medium, South Carolina and Geor- -bunch crates, mixed sizes, 3.00 faney s, New mostly moderate; Cal ; demand ; new stock, ¥Florida, 11p-bushel hampers, pointed and round type, 2.40a2.65. Celery — Supplies moderate: de- mand te, market slightly weaker 10-inch crat 4- : 3 dozen, 3.50a3. led, 4-6 dozen, mostl 4.90, Lettuce Market Fi Lettuc ligh! moderate, 1 firm: 1l Valley, crates, Ic en, 4.50a4 Onions—suppli moderate; de- mand moderate; market steady; New Lork. 100-pound 2] mostly 3 demand California, ers type, plies irket tichigan and 100-pound sacks, yel- . mostly 3. liberal gan, 150- , United ine, 150- ks, Irish , United . 1, mostly 7.50. ies moderate, de- market slightly weaker; 1 baskets, Savoy type, me fair quality, 1.00 cloth-top_veneer direct to re- de- market hampers, 5 ; North Caro- stave barrels, Porto .00; White Yams, Sweet potatoe: mand d for N Cauliflower i|go into those inesaps and Yel-| S Supplies liberal, de- ket slghtly weak- mostly 1.75; mand mod er; Californ: some f: { Tomatoes mand moderal ico, s, ripes, repacked, rrupped, moderate, de- , market steady; Mex- wrapped, chofce count, s, ripes, some ‘uba, 3 -artons, Tipes, , W 023.00, according to condi- tion. Carrots—Supplies moderate, steady; [bushel bask 1.75a2.00, mostly 2.00. Beets—Supplies light, no sales re- [ported. Strawberry Market Steady. light, demand Texas, Peas—Supplies very light; demand | woderate, market slightly stronger; [Mexice, crates, 7.50a8.00. Peppers—Supplies light; demand oderate, market steady; Cuba, pep- [per crate, fancy, fair quality, 7.00; holce, 6.00. , Eggplant—Supplies very light; no pales reported. —Supplies light; demand mod- market steady; Florida, pepper 6.00a6.50. trawberries—Supplies light; de- nand limited, market steady; Florida, ofrigerators, 45a50; few 55 per upplies light: de- market slightly hel hampers, .00a5.00. moderate; de- beans: moderate, Florida rket fairly steady; II-}¥ artons, hothouse fancy, L. Grief & Bro. Issuing 7 Per Cent Preferred Securities. NEW YORK, March 26 (&).—Public offering of $3.000,000 of 7 per cent cumulative preferred stock of L. Greif & Bro., Inc price of $105 per share, is being yn- dicate headed by G. Becker & Co. This is the third and final unit of the pres- Al program of the com- now has outstanding $1.- per cent convertible class " stock and 200,000 shares of com- mén stock of no par value. BANK RESOURCES DROP. Epecial Dispatch to The Star. BALTIMORE, March 26.— A de- crease of §1 5,983 in total resources of State banks and trust companies in Maryland under the call of March 4, compared with that of December 31, 1826, is reported by Bank Commis- sioner George W. Page. Total depos its of all Maryland institutions de- clined $15,811,744: amounts due from panks and bankers, - $4.9 changes for clearing hou amd acceptances decreased $1,17 These declines were attribute most part to the usual seasonal trend. Several aristocratic families of New York owned 50 slaves each in the pighteenth conturys e PEPPER MEASURE Combined Effort Being Made to Put U. S. Merchant Ma- rine to Front. BY J. C. ROYLE. NEW YORK, March 26.—A com- bined effort to put the American mer- chant marine on an equality with for- eign countries so far as ship construc- tion goes, is being made by the ship- ping interests of the United States. In concrete form it has now been placed before Congress and is under consid- eration by the committee on com- merce of the Senate in the form of the so-called Pepper bill. The significance of this measure has not been generaly understood, but it became evident today that it Is sup- ported by a majoirty of the steam- ship transportation interests of the country. Representatives of these in- terests declared that it offers the only solution on which they were able to agree, which would enable American ships to compete in world trade with foreign countries, not only now but in the future. The Pepper bill, in effect, would provide a subsidy of approximately 253 per cent for American built ships, al- though it does not make such a provi- sion in o many words. Offer of Kefund. The measure provides that the Gov- ernment refund to the owner of ships built in American yards for competi- tion with foreign lines an amount equal to the tariff on the materials which ships, with the provi sion that plans for such vessels must be approved by the Shipping Board, acting on the advice of the Army and Navy authorities. Customs officlals would determine the amount of the refund in each case. ponsors of the declare measure .| that it will place Amerlcan shipping .|lines on an equality with those of other countries where wages are lower and encourage construction of ves vhich would be of inestimable ad- vantage to the country in time of ency. It is based on the theorv that a high tariff is one of the chicf supports of a high wage scale, whica v | is reflected in a high cost of ship con- ion here. W. C. Gibbs, marine architect, hose firm reconditioned the Levi- han and who designed the Malolo, the largest ship built in American rds, explained today in an exclu- sive dispatch from San Francisco to the writer that this measure would not subsidize ships constructed for intercoastal trade and makes no at- tempt to equalize cpst of operation under the American flag. The measure, he contends, is caleu- lated to stimulate immediately the sale of Shipping Board vessels to ip operatc The sale of these ar-time built vessels, hundreds of which are lyving idle in rivers, has been held up, he cause if operating companies bought them and started to operate them on foreizn trade routes, they could not insure continuation of busine: zained in such operation, bes they could not replace the ves: with others built in Amer ¥ except at a prohibitive cost. Welcomed by Shipping Men. The life of a ship is approximately fixed at 20 ve: After that time repairs and upkeep make them u profitable for operation. Only ships under the American flag can carry trade between American ports. If the steamship companies operate ships under a foreign flag, even in international trade, the American port-to-port trade is closed to them. “The big shipping competitors of the United States,” Mr. Gibbs sald, “would welcome a proposal to scrap every warship in the world, provided their commercial ships were allowed the present margin of advantage in operation. The nation or the people with the largest number of ships has always controlled the waters of the world. The Pepper bill would permit operation of American ships on a comparatively even- basis with for- eign built and owned vessels in peace- ful trade and would a form the most invaluable nucleus to a war- time navy times of emergency. vessel built under its pro- visions would have to conform to specifications making it vaiuable as & natlonal defense in’time of war." THE EVENING STAX, WASHINGTONW, ¥. |EMBARGO ON FLORIDA FREIGHT IS MODIFIED As a result of the continued improve- ment in the railroad transportation situation in Florida and the practical elimination of congestion of carload traffic at the various Florida gate- ways, the car service division of the American Raflway Assoclation today announced a further modification of the embargo that has been in effect for several months on practically all freight shipments into that State. Effective at 12:01 a.m. teday, the embargo which has been in effect on carload shipments entering Jacksor- ville was entirely removed so far as that terminal alone is concerned. The embargo also was modified on all other commodities consigned to points South of Jacksonville, with the exce tion of brick, cement, building tile, including roofing and floor tile and flue linings, and lumber of all kinds except crate material and car strips, step - in models. High Sizes 3 to 7. DOWN STAIRS New East nations, Gigolos, lored styles. Every new shade. matrons. DOWN STAIRS $1.85 ecstacy, French nude, to 10. COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY FARGO, N. Dak. March 26.—The ground 1s still frozen in many of the wheat and grain districts of the Da- kotas; Montana and Minnesota. Un- less there {s extremely warm weather it is not likely that seeding will be done so early as in 1925. HAGERSTOWN.—Plans are being nade to consolidate the grain eleva- tors and farm supply houses in Fred- erick County under the name of the Frederick County Farm Bureau Asso- ciation. NEW ORLEANS. — Wet, cool weather has reduced dry goods sales recently, and business has been some- what disappointing in _consequence, although volume is beginning to pick up. DETROIT.—The Ford Motor Co. of Canada produced 18,681 cars and trucks the first two months of this vear, compared with 15,178 in corre- sponding period of 1925. Of the 1926 total 10,576 were for export. FORT WORTH.—Five hundred bankers have pledged their aid to the Safe Farming Association, which has for its object the reduction of the cot- ton acreage in Texas. Merchants and bankers are co-operating to induce farmers to grow less cotton and more feed. FRESNO, Calif.—President Merritt of the Sun Maid Raisin Growers estl- mates raisins sold co-operatively will reach 700,000 tons for the three years beginning with the 1923 selling sea- son, compared with 352,000 tons for the previous three-year period. LAKE CHARLES, La—A 2500 barrel well has just been brought in in this field, making the third gusher in 10 da Considerable development work is going on. ST. PAUL—Ralph Budd, president of the Great Northern Rallway, pre- dicts an increase in the production of lumber. The 1925 output increased from a b-vear average of 10,000,- 000,000 board feet to 12,000,000,000 board feet. New. rail lines in the Cascade and Rocky Mountains will help the development of production, he said. SAN FRANCISCO.—The Southern Pacific budget calls for delivery this year of 1,100 box cars, 500 gondola cars, 25 stock cars, 300 flats, 50 ca- booses, 28 locomotives and 45 passen- ger cars. The total cost of this equip- ment is estimated at $8,809,000. i S Island Creek Coal earned $16.09 a share in 1925 on the common stock, after preferred dividends, against $17.91 a share in 1924. Net profit was $2,210,949, against .2.42!..86’ the year beforgy Novelty Silk Gloves, $1.25 High-grade Silk Gloves with double finger tips. In popular flare and turn-back cuff styles. Pearl, gray, mode and ct to 7%. Chamoisuede Fabric Gloves, 78¢c Child’s Novelty Fabri DOWN STAIRS nude, almond and gun metal. STEEL PLANT ACTIVE AT SPARROWS POINT Bethlehem Works on 100 Per Cent Basis—11,000 Men at Work. Expansion Is Planned. Special Dispatch to The Star. BALTIMORE, March 26.—The steel and tin-plate plants of the Bethlehem Steel Ccrporation at Sparrows Point are operating on 100 per cent basls. Orders already booked are sufficient to keep the big mills going full tiit for at least 60 days even if the com. pany did not receive a single addl- tional contract in the interval. Nearly 11,000 men are on the pay rolls at “the Point,” the largest ever carried. Within 30 days it is expected Special Values : 33.75 In addition, parch- ment kid, black satin and tan calf. In modes refreshingly new and fashionable for Spring-Easter wear. One-strap and and medium heels. STORE er Hats Trimmed or Crocheted Hats, Hair Braids, Felts and Combi- Creased Crowns, Pokes, Tams, Picture Models, Dress and Tai- Cloches, Head sizes for misses and STORE Exclusive Crestwood—Full-fashioned Chiffon Hose, all silk Silk from top to toe—and of a fine, clear, even weave, unusual in hose at this price. Exceptionally well wearing. Shades of moonlight, blossom, Sizes 8% ocoa shades. Sizes 575 c Gloves, 75¢ STORE All-silk Flat Crepe, Satin-Back Crepe, Print Crepe Satin-back Canton, $1. Special de Chine Silk Failles 65 yard All popular silks of the Spring-Easter season, in the more wanted shades and prints. Plenty of pastel shades for evening and street wear. 12-momie Pongee, Special, 68c yard Taffetas, $1.50 yard. Plain and glace. DOWN STAIRS Top-strap, Underarm, tooled calf, morocco, vac! DOWN STAIRS Somethin, thing Ma-j; STORE New Style Handbags, $3 Envelope, variations of the new Chanel Bag, in the popular Pouch and hette leathers. Silk or leather lined. The latest colors for Spring. Smart Bead Bags, Special, $1 STORE A New Fad for Women and Misses Faultless ‘““Ma-jamas” -y Sizes 34 to 48 81 95 new — some- . different. These amas, of fast-color percales in print and plain colors, instantly appeal to women and misses. Two iece suits an smart styles—two- slip-over. n shades of lavender, tan, blue, pink and green. DOWN STAIRS STORB the rod and wire mills will go into operation. These units will require the services of about 1,500 men, increasing the force in all departments to nearly 12,500 workers, The shipbutlding plant 1s ‘still idle, except for repair work. Ground will be broken shortly for the new pipe mill, the only mill of its kind on the seaboard, and one of the largest in the United States. ‘When all the additions contemplated are completed, the Bethlehem Steel Corporation’s investment in the Balti- more district will approximate $100,- 000,000, and Sparrows Point will take its place as & complete steel making unit. SR PARIS PRICES FIRM. PARIS, March 26 (#).—Prices were, firm on the bourse today. Three per cent rentes, 46 francs 50 centimes. Ex- change on London, 141 francs. Five per cent loan, b6 francs 20 centimes. The dollar was quoted at 29 francs 10 centimes. 150 Easter Coats—New Cape, Puff Sleeves, Black Satin and Fur-trimmed Styles 525 Very Special They embody every style feature and fashion success of Spring and Easter, 1926—cape-backs, puff sleeves, em- broidered sleeves, Summer fur trimmings, fur edgings— everything that is new and smart. MARCH 26, 192 French Francs Hit New Low .Level Of 3.441, Cents By the Associated Press. NEW YORK, March 26.—Heavy selling of French francs in today's forelgn exchange market carried demand bills on Paris to 3.44% cents, a new low record for the year, and within 3 points of the extreme low for all tima of 3.42 cents established in March, 1924. PARIS, March 26 (®).—For the first time in its history the franc s0ld today for more than 29 to the American dollar. _The _official Bourse figures were 29.10, this new low record being due to the heavy buying of forelgn securities and also forelgn exchange to meet pay- ments falling due. Women’s and Misses’ Sizes, 14 to 46 Those who have not as yet purchased their new Easter Coat will do .well to look at these unusually fine-looking Coats we offer tomorrow- at $25. INCOME GAINS 260 PCT. Chicago & Northwestern Report Shows Big Increase in February. CHICAGO, March 26 (#).—The net operating income of the Chicago and Northwestern Raflway for the month of February increased 260 per cent over the corresponding month of 1926, the monthly report shows. The net operating income for February, 1925, ‘was $341,090, and for February, 1926, it was $1,196,307. Gross income in- creased $428,927 over February, 1925, while operating expenses decreased §264,847. OIL MERGER TALKED. NEW YORK, March 26 (f).—Recent consolidations involving Californta ofl companies have aroused reports that the Union Ofl Co. of California and the California Petroleum Co. may be drawn into larger groups. The Texas U. S. SALES TO CANADA $597,000,000 IN YEAR OTTAWA, Ontarfo, March 26.—The United Kingdom purchases from Canada during the 12 months ending February 1, amounted to $502,000,000. This was $109,000,000 more than the United Kingdom purchased in the previous 12 months from Canada, and 000,000 more than purchased from ‘anada by the United States. On the other hand, Canada bought from the United States in the 1: months goods to the value of $597, 000,000, as against imports fror the United Kingdom valued at $162,000,000. Exports of Canadian goods in the last 12 months were $1,297,000,000, an increase over the previous 12 months of $231,000,000. Imports were $911, 000,000, an increase of $112,000. Co. has been mentioned as the nucleus of a merger which could accommodate either of the - Woodward & Lothrop Down Stairs Store New Easter Pumps Gray or Blonde Kid—Patent Leather Get Ready for Easter Sales Tomorrow EASTER COATS of Satin, Lorcheen, Faille and Poiret Sheen Feature Newest Styles 200 Easter Coats—Cape-back, Puff Sleeve, Embroidery and Braid-trimmed Styles Ver): Specigl Every style a new one. of pleats. Fashionable Navy, Tans, Grays, Greens and Rose Shades DOWN STAIRS STORE Easter Coats for Girls $29.50 Women’s and Misses’ Sizes, 13%; to 482 Finer materials, better workmanship and better styles dis- tinguish these coats far above usual Coats at this price. All silk crepe lined—these coats offer an unusually large assortment of styles—cape-backs, the style success of 1926, embroidered cape-backs, puff and balloon sleeves, embroid- ery and braid trimmings, in addition to buttons and touches Popular Navy and Gray, Tans, Greens, Rose, Blue and Rosewood Shades. DOWN STAIRS STORE Very Specially Priced 38.95 With Easter but a matter of a few short days away, mothers will wisely select Easter Coats for their daughters in our Children’s Coat Section tomorrow—at this specially low price. Sports and Dress Models, in Tweeds, Flannels, Twills, - Velours and Polaire Materials Large selection of styles ahd color to suit every one’s taste. Coats attractively trimmed with buttons, contrasting material, bias trimmings, stitching, braid and other embellishments. DOWN STAIRS STORE Sale—Imported English Broadcloth Shirts, $1.25 A special purchase and a sale. Very high- full cut and finely tailored. Shirts of this high grade usually S ¢ Broadcloth Shirts—all sell at much higher de and 2 to 16 Years lustrous Imported English 1,000 in white—neckband and collar-attached styles. 200 in blue, gray and tan, mostly collar-attached styles. 400 New Easter Ties, 65¢ New shades and patterns and-wool Ties for Easter. figures and popular dots. All sizes 14 to 17. in these new Silk- Stripes, checks buy enough Athletic Union Suits, 68c Very special values. Broadcloth, Madras and Nainsook Suits, in sizes 34 to 46. You should for a season. Easter Suits With Two Pairs Trousers, $19.75 There’s a real economy in buying suits with two pairs of trousers—and when buying one of these at $19.75—the saving patterns for young men. g-Easter, orings for Sp: o DOWXN STATES STORE is one extremely worth-while. Newest styles and lIgzght and dark shades. See these new patterns and col-’-