Evening Star Newspaper, April 15, 1926, Page 29

* cessful. COTTONDECLINES ONWEATHER NEWS , Relatively Easy Liverpool Cables Also Reflected in u. S. Trading. By thy NEW wres opened steady. $.41; October, 17.4 1d January, 17.05. The market was asfer In tod: early trading. Un- avorable features of the weather map ver: offset by prospects for fair and « warmer in the Southwest and rela- Uively easy Liverpool cables. The opening was steady at an ad- e of point to a decline of 3 May soon sold oft from 98 to 18.91, while October declined from 17.46 to 17.42, active months howing uet losses of about 4 to § Assostated Press YORK, April 15.—Cotton fu- May, 18.97; July, December, 17.14, nts at the end of the first hour.[ Unsettled cold weather reported in the Southwest vesterday seemed to be working eastward, and there may have been some selling in belief that it would be followed by more favor- able conditions generally. Private cables said trade calling had been supported by hedging and iiquidation in Liverpool, and that the Hritish coal situation was restricting cotton goods business in Manchester. New Orleans Quotations. { April 15 (®).—| y. May, | : October, 16.78; De- January (1927), 16.77. The market was easler owing to dis- | appointing Liverpool cables and pros- pects for better weather. First trades showed losses of 4 to 7 points, and prices eased off a point or two more after the call, May trading at 18.17, July at 17.74 and October at 16.77, or 4 to 8 points below yvesterday's close As soon as the early selling had run | its course the market became steadier nd prices rallled 1 to 4 points from | early me traders ex-| arge domestic con- | 1 during March was due to | ning on low grades, in which reater waste. ANS, noon steady: -, 17.74: October, 9; January, 16.79. “otton May, 16.80 ¢ NEW YORK, April 15 (P).—Cotton futures. 11:45 um, bids, steady: May, 16.88; July, 18.24; October,| 17.44; December, January, { 17.00. fut i8.15 Decemnber, IT"NEW YORK C Received by Private Wire BY WILLIAM F. HEFFERNAN. NEW YORK, April 15.—Losses of & half point to a point were common throughout the Curb Exchange list in today’s trading. The line of least te- sistance still lay on the selling side, but sufficient liguidation had already taken place and offerings were not so pronounced as they had been recently. Sugar shares, which had been of- feréd freely Wednesday and were re- flecting unsatisfactory conditions ex- isting in the sugar industry, were bet- ter supported, but no signs of a rally were apparent. Fajardo Sugar, one of the Porto Rican group, which bene- fits by the tariff and which had broken more than 3 points Wednesday, was dealt in at 129. This compared with the previous final of 1311, t tod NEW YORK, April 15.—Followin s an officiul list of bond; traded {n on the New York Curb Mar ket today: Sales in NDS. thousands. st Tiieh i 3 Friy FETE & Seer FETLFSESTEE SostSS55 5! Sezoxder RCSS2ZRSSEEISSIRER hil Eo and Ki Pl Southeast PAL Gy 031] 6% G kb ntioqua 7s. . . oenos Aires 71, uen Aires 7s ' Cxw> 7 n M&T T RUBBER TAKES DROP | ON BRITISH MARKET Goes Below Two Shillings a Pound. | U. S. Use of Old Product | Started Decline. By the Assomated Press LONDON, market in decided weakness today in all posi- tions, going below two shillings a pound as compared with the high level of four shillings 6 pence prevailing and April rubber was pence, and October- pence. Kk of Secretary of| n the Stevenson ling rubber supplies | tution of an economy | » United States by in-| old rubber, there has| 1 sliding tendency in rubber prices. This has beer lent dividenc companies as prices of 1925. Rubber stocks in London have in- creased week by week and the exports from Mayala during March have been much larger than expected being fur- her increased by supplies of native rubber. The trade demand is not so good, especially, from the United States, t atter evidently other sources onsequently wi he depres umper divide on shares have tai PLAN TO CUT SUGAR CROP.| Cuban Cabinet Decides to Prevent Overproduction. HAVANA, Cuba, April 15 (#).—The Cuban cabinet vesterday decided to pravent the overproduction of sugar for the next two yvears and to curtail the present crop by at least ‘10 per cent : Congress will be asked to pass laws| for enforcement of these two decisions, { nd the President probably will issue rees to prevent further clearing of | d for planting additional sugar ne for the next two v An off arily to limit the crop was the basis the cabinet's action. ad offered to reduce this year's out- it by 10 pe t and enforcement this is to be left " the Growers' Assoclation. i only by the declared by many result of the high arawing supplie: The rubbe inable to w influence v the cane growers volun- | 3 The growers | & rgely in the hands | hotomas El ot El 3 ] ion Elec Geryd ierm Con M mO0 1 Oslo 1P 1 3 swiss Go! 20 Thyssen I & Salesin STANDAR 100 Anglo Am Of1. . . 2500 Ang Am O n iic. 100 Chesebrough Mfg 65 8700 Continent. Ol ‘nw 20 80 Cumberland P L. 120% Gal Sig OIl ... 60 Gal S O pfd n 1800 fmp 0 ot Can ie P L,.. Penn 0il." P L 0 Onio_° 130 Swan & Finch 400 Vacuum Ol - 7 Ssles INDEPENDENT OIL STOCKS in hundreds, Otifields 4%+ -aibo C Washington Stock Exchange SALES. Potomac Electrie Po'= ptd.—5 at 10687 . Washington Rwy. & Elec. pfd—35 at 91. Rigze National Bank—? at 453 Federal Storage pfd.—10 at 108 AFTER CALL. Potomac Electric Pow. ptd—5 at 106%., 5 at 1063 ington Gas 6s '33—3200 at 1017%. Washingion Rwy, & Floc. $s—54.000 at 82, $4.000 at 82. a1 82 ivashington Gas 8 '33—8$500 3 103%. Cavital Traction Co—15 at 104%. Money—Call loans, & and 6 per cent, Bid and Asked Prices, BONDS. PUBLIC UTILITY. American Tel. & Telea. 4s. . Am Tel, & Telga. 46y merican Tel, Amer. Tel. & Tel. ctl, tr. 5 Anacostia & Pot. R, R. & P Tel ;. & P. Tel. of Va. Capital Traction R. Uity & Suburban Georgetown Gas 1st 1st B The secretarv of agriculture in.|Eot ormed the cabinet that reports up > the 1st of April indicated that the rop would fail well below the large 'stimates made by experts at com- ement of the present harvesting eason, even if there was no plan to urtail the crop. COCA COLA ON MARKET. Control of Firm Finally Plsfiul From Holding Company. NEW YORK, April 15 (#).—Control of the Coca Cola Co., which has been tightly held by the Coca Cola Inter- |wash Rvy: & national Corporation, has finally pass- ed to the open market through the listing_of the latter's shares on the New York Stock Exchange. To en- -sure continuity of control by a spe- cial group, the International Corpora- tion was formed several years ago | to acquire 251,000 of the Coca Cola Co.'s 500,000 outstanding shares, Its charter provided that this stock could not be sold or hypothecated without consent of a majorlty of its stock- holders. Previous attempts to list the holding company's shares on the New York Stock Exchange were unsuc- dpasaloasdy FRENCH FRANC BREAKS. Goes to New Low Level in Sym- v’v‘ m‘nm pathy With Drop Abroad. NEW YORK, April. 15 (P.—In sympathy with a decline abroad, the French franc today broke to a new Jow record in the local foreign ex- change market, where it was quoted at 3.37% cents, an overnight drop of about four points. Tn the absence of any new developments the slump was ttributed to a lack of support, based n the delay in improving the French government’s financial position and in renewing efforts for funding the “war debt to the United States. Fresh weakness also developed in Belgian francs because of the slow progress in negotiations for an international Joan. 4 s ‘Washi) n Gas Washo Sy & Ele 82u Wash. Rwy. & Elec. gen. 6s.. PR MISCELLANEOQUS. D. C. Paper Co, M'{. [ 86 Jt. Stk Bk Southern Bldg. fl‘?e, . Wash. Mkt. Cold Storage Bs.. STOCKS. PUBLIC UTILITIES. Amer. Tel. & Telg: Capital Traction Washington _Gas Was! NATIONAL BANE, 280 TRUST COMPANY. American Security & Trust Continental Trust Morchante’ Bank. National Savings & Trust Tnion Trust 4 ‘Washington e 3 * Savines & 'Com 1'1: By MISCELLANEOUS. Federal S!O"l(e o s STAR, WASHINGTON, READINESS-T0-SERVE CHARGE PROTESTED prices, however, it was unchanged, in | Baltimore Firms Object to Paying view of the fact that it was selling - ex the $2.50 dividend, the amount de-| $8 to $1,100 a Year for Fire Protection Service. THE EVENING URB MARKET Direct to The Star Office ducted from the selling price. The decline of a point in Centrifugal Pipe was set down as nothing more than a sympathetic movement with steel and other metal shares which continued to reflect the unsatistactory price level. There appeared to be plenty Electric Refrigeration stock for sale whenever the price got up around the 60 level, but offerings were not press- BALTIMORE, April 15.—Large in- dustrial plants and department stores of | have protested against a ‘readiness- to-serve” charge of from $8 to $1,100 a year, which the city has imposed on all plants which have installed sprin- DO, kier systemsand private fire hydrants on their properties. expeting to save all or at least a part of this expense in reduced insurance rates. The water department claims that it must maintain the necessary plant and equipment to be ready at all times to provide adequate water for private fire protection,a nd that these charges are made to take care of a fair por- tlon of the cost of maintenance, overhead, etc. Under this new plan, no charge is to be made for the water used in ex- tinguishing fires. In justifying the charges an official of the water department said: “Private fire-protection water serv- ice is rendered by means of a sep- arate water suppy service connecting THURSDAY, APRIL 15, 1926. to the fire-protection appliances with- in private premises, from which com- aratively small quantities of water are used periodically for-testing the apparatus. The entire water plant, however, must be ready at all times to supply an adequate and sufficient quantity of water équal to the maxi- mum capacity of the private fire-pro- tection connection to extinguish a “This particular service benefits only the private property 8o protected and is in addition to the protection pro- vided by public fire hydrants.” According to an inquiry by the De- partment of Labor, the total yearly ex- penditure for clothes by the average American housewife is $63.55. SUSPENDED BROKERS’ PARTNERSHIP DISSOLVED NEW YORK, April 15 (P).—The New York Stock Exchange firm of Bouvier & Morgan today dissolved partnership after announcement by thé exchange that John B. Morgan and Morgan G. Morgan, partners, had been suspended for one year for violating the rules of the exchange. The brokers. who were speciallsts on the floor of the exchange, were found guilty by the governing com- mittee of “having bought stock for thelr own acount on February 25 at a | price at_which they had agreed to protect the interests of another mem- ber during his absence from their post.’ John V. Bouv 3d. the other mem; ber of the dissolved firm, was not ih- volved in the accusation: ‘WESTINGHOUSE BILLINGS. NEW YORK, April 15 (P).- Billings of the Westinghouse El and Manufacturing Co. for the fiscal year ended March 31 are indicated o $167.000,000, against actual figures of $157,880,292" the year before. based estimated billings of $45.000,000 the final quarter. Bookings for fiscal year are estimated at $180 000, against actual bookings of 000,000 in the preceding 12 months a gain of about 20 p and stocks ed below that figure. The action of Gilette Safety Razor was disappointing to many who had hoped the market for the stock would have made a bet- ter response to the recent declaration of another extra cash disbursement in addition to the regular quarterly rate. 1 Lion Oil S5 SZIRSI2ERE SRaIiBeandcaBBenty &SR “yea & fonm B SEaiica23830208 ShaIteamcae 2 Tidewster nezuelan 2> o1 @i SEEE 4 Am Conamid B/ 4 ‘snamid_p RN N Gas & Ei pf Home Prod.. I & Trae pfd 1 m Pow & L nw 5 D20 1 DOIDIDIOND O DN 2Swo-s ow & L ptd Rolling Mills m Superp A Superp r bt £ ISR Fer3 o P I cvrus €0 .. .. Bur Ad M n pf Can D Gin Ale Y Cellulold Co pf. 1% Gen Pip Cor ... 1 Colling & Alkman Com P C_pfd 3 Consol "G~ Balt i) Consol “Laund, o’ s ses remaSDineniron i (3 o SR IR FAAGT I B DB T 52 IS EE 8 Gip sk 15 serami e s ey 12 S E B S ORB B e S @B BB LR 2SR Bas Rt oo BB e oG A SO! o Dominion St L 13 Dubilier ¢ & SEESETET FEEE - & ) % 12eZonnel suvonaie [ SIIEE & Py BB S5 A D = =3 R Hoydan Cher {lvhm:m R 2 R e & Fesd oy Doty i e o eat52: ey e TR o e " S o015 A OISO BES 1301 Dt B et Sens: & F SRS EE PSS LRI 91 SHELNERREE 2 2 P B: . 15 Rand” kit B et o FRREEE BE E & ¥ R ysusheneis! [y uf 25 Swift Intl. . iy Tampa_Electric. Sngmis - S R R B et © P g 5 a0 S5 o Salesin MINING STOCKS hundreds. 10 Ariz Globe € 1 Cons Con Mines. | 20Divide Extens .. 103 B Eng Gid M Led T 143% 100 First Thought M .06 20 Forty Nine M. -, (1 1Gold Cent Mine 30 Tonopah Ext . 52 Utah Avex o POTATOES AT PEAK. Other Vegetables Show Tendency to Go Lower, Survey Shows. New high prices for potatoes were the feature of the week ending April 10. The market continued very strong for Northern stock. A few of the more desirable lines of apples were firmer, though cold storage supplies were still abundant. Onion markets were unsettled, with . igood stock bringing relatively high prices. Texas Bermudas were moving more freely; arrivals from Egypt also assumed importance. Texas cabbage closed $5.20 per ton | lower, as combined receipts from that State and Florida and Alabama be came heavier. Prices of Florida celery and Western lettuce and asparagus declined; Ari- zona had become the chief source of Iceberg type lettuce. Virginia ~spinach shipments were heavy and values tended downward. City prices of Loulsiana strawberries were well maintained. Combined move- ment of 22 products decreased further t0 10,870 cars. —_—— FEDERAL LAND BANK BONDS. (Quoted by Alex. Brown & Sons, 1:50 %éx“ ) 10 ed. Yield S2E2225333823] b sttt 832522233232 BRI S DRY GOODS TRADE QUIET. Sp:’c;;l mew:h to The Star. NEW YORK, April 15.—The goods market continued quiet et?c.“; with no change in pnntaoth quota- tions at 79‘ cents for 64x80s and 8% cents for 63-72s. The raw silk market was qulet with prices unchanged. D — Are You a Sucker? Too many people put their money in day dreams and wake up broke. Never put your name on the dotted line until you have inquired of some ’::ugh your b:nk wh:ht.ho knows al some stock issue that is offered fo you privately, SRRy OUR INQUIRE ABOUT DEFERRED PAYMENT FREE AUTOMOBILE PARKING W. N. Moses & Sons Furniture Carpets - Established 1861 F Street and Eleventh Linens Upholstery 5™ ANNIVERSARY SALE 1s26 The Sixty-fifth Anniversary Sale Offers for FRIDAY AND SATURDAY Special Items From Four Depts. The Savings Are Worth While FURNITURE 0dd Pieces of Furniture to Close Out AS IS, NO EXCHANGES Mahogany Finish Arm Chair, upholstered seat. Regularly $57,50. Sgecial S5l Mahogany Finish Daybed. Regularly $168. Special Mahogany Finish Rocker, with upholstered seat. Regularly $40.00. Special., gt . Mahogany Rocker, with upholstered seat. Regu- larly $118.00. Special Large Easy Chair, upholstered in velour. Regu- larly $60.00. Special .......... oo Ten-piece Walnut.and Gum Dining Room Suite, 66- inch Buffet, chairs upholstered in haircloth. Regularly $495.00. Special . $285.00 Mahogany Library Table, size 24x54. Regularly $66.00. Special .. et e o] e Mahogany Library Table, size 24x48. Regularly $65.00. Special . i & Mahogany Library Table, size 26x45. Regularly SE0N00. SPEHAL i .. miitat it e s smiilicn v SO0 $29.00 $84.00 $21.00 $59.00 $30.00 ceeem. Regularly Mahogany Library Table, size 22x60. $62.00 $124.00. Special .. .. L Golden Oak Refrigerator, all porcelain interior. Regularly $110.00. Special . A .... $60.00 Golden Oak Refrigerator, all porcelain interior. Regularly $200.00. Special ... .. ssssavssos SRIG.00 Large Ashestos Refrigerator, all white enameled. Regularly $345.00. Special ....................$185.00 Metal Folding Double Da-bed, with Mattress. Regularly $34.00. Special ........ ... $18.00 Metal Folding Double Da-bed. Regularly $31.00. Special 5 Metal Folding Do Special Metal Folding Couch. Regularl] pecial. . Three Youths’ Beds, walnut or mahogany finish. Regularly $27.00. Specfal . ......ccmuoecnician.. $13.50 $16.00 $19.00 $14.50 DRAPERIES AND CURTAINS HALF PRICE Sale of all the made-up draperies and curtains in our furnished apartments, sixth floor. (Go direct to sixth floor, rear.) These consist of numerous styles and materials suitable for living room, dining room, library, sun porch aud bedrooms. All to be sold at half the regular price of materials used, with no charge for workmanship; sold in single pairs or complete rooms, just as they are hanging in place at floors and windows. Bring your measurements, as all sales are final and none to be returned. We mention just a few of the many types and materials in this sale— Foyer Hall and Reception Hall—Door hanging, red velour, festooned drapery. Lined gold satine, heavy silk fringe and loops. Regular price. $58.68. Sale price. .$29.32 Curtains, suitable for door or window, of above materials, half width to each curtain, shaped valance fringed. Regular price, $20.00. Sale price............. $10.00 Or same as above, only full width to each curtains. Regu- r price, $41.80. Sale price ik ...$20.90 Balance of room in same proportion prices. Library—One (1) Set Double Window Draperies of Sun- fast Damask with- shaped velour valance, fringed, including two (2) curtains, half width each curtain, and one (1) curtain full width, and two lace panels, fringed. gular price, $71.10. Sale price..........$35.55 Single Window and Door Curtains, in same proportion prices. Bedroom—One (1) Pair of Window Curtains and Fes- tooned Valances of Cretonne and Rayon Combination, trimmed with fringe. Regular price, $12.40. Sale price. .$6.20 Dining Room—One (1) Set Double Window Draperies of Sunfast Blue and Gold Stripe Repp, with appliqued design on valance; three (8) full widths 50-inch wide material in curtains. Two (2) pairs of Rayon Lace Panels, fringed. Regular price, $72.33. Sale price....$36.17 Single windows and doors in same proportion. Door Curtains, Cretonne and Crepe Cloth Combination. Regular price, $7.50. Sale price % $3.75 Living Room—One (1) Pair of Window Curtains and Shaped, Fringed Valance of Sunfast Kapock Damask, including one (1) pair of Gauze Kapock Panels, bullion fringe. Regular price, $61.38. Sale price $30.68 Door Curtains in same room in proportionate prices. Bedroom—One (1) Set Curtains and Valance, Blue and Rose Figured Cretonne, three (3) width -curtains, including two (2) Pairs of Rayon Net Ruffled Curtains Regular price, $19.90. Sale price G Door Curtains in proportion. Many others to suit any place in the home. all excellent values. $9.95 You will find them FLOOR COVERINGS tch and Domestic Inlald Linoleums, solid colors e B tities from b to 30 yards. Regu- larly, y: $2.50. Special, square yard....... THE 39.00 Pure Linen Table Damask, assorted patterns. Reduced $1.50 $2.25 veses Gesesms st sacsocomiccornssone $250 Pure Linen Silver Bleached Table Damask. ~ Reduced 0 meevecoomesmeces: oceces $1.95 sesene Velvet Carpets, 27 inches wide, plain and figured, suitable for halls, stairs and rooms, in lengths from 5 to 25 yds. Regularly, yd., $3.40. Special.. LINEN SHOP High-grade Cotton Pillow Cases, size 42x36 inches. T T R R S Moses “Elite” Cotton Sheets, size 90x99 inches. Redned 0 eaeh . . . . . wesiicisasiiamtimsnss ves Pequot Hemstitched Cotton Pillow Cases, size 42x36 inches. Reduced to, each............ccom 45c FORWARDED PREPAID OUR PURCHASES INQUIRE ABOUT T O DEFERRED ANY SHIPPING POINT IN THE U PAYMENT PLAN