Evening Star Newspaper, May 7, 1926, Page 29

COTTON DECLINES ON STRIKE REPORT Losses of 13 to 19 Points| Recorded in Today’s Trad- ing—Weather Unsett'ed. By the A NEW futures opened 19.02: July, 1848 Oct Decemb 40 YORK. May havely Ad- followed by A t v tone early sday Weather ditions in the South were still nnset:led, but some of yes terday’s buyers may Leen dis in‘ed by Januax st anv ttlement . Liver- o s pool cables were ¢ The openir ¢ steady at a des Active months 13 10 19 points in eavly liquidatio for eased off to 18 Oc >, the market ruling ires at 11 o'clock New Orleans Quo IANS pened <t trading under and some ction. Ma ober to ). The marke: was easy, OWing 10 lower Live than due and to the ituation 1n the British trades points he T ease off during the first hour. sell- Ing being induced by the strike dock laborers at Liverpool traded down to 17.70, October and December to 16.96. or 20 to 25 points below vesterdav's close Ind! weather in belt teeli Toward the of hour the market rallied points on short covering POTATO MARKET DULL. CHICAGO, May 7 (®).—Potatoes— Receipts. 7 total ship ments, 547; 6 « demand and trading very sl dull and weaker: W in, sacked, round whites, 3.0023.25; few best, 3.30 Tdaho. sacked, Russ 3.00a3.25 siderable sprouted., 2.73: new about steady: T sacked, Triumphs, 6.5016. mostly 6.50; Florida, barrel, No. 1. mostly 11.00; No. 2, around 9.00. general strike continued ons for clear increased the easier the first about stock Bliss BUTTER IS HIGHER. CHICAGO, May 7 (.- Butter Higher; receipts 10,337 tubs: creamery, extras, 371:; standards, extra firsts, 3815a30; firsts, 37a37%; seconds 34a36 PROFIT INCREASES. SW YORK. May (P).—Net fit of Whize Sewing Machine Cor. the first quarter of 1 341,969, 1 to $3.41 a on the prefe 981, or Gross earnir pared with period of 192 COTTON GOODS QUIET. | Dispatch to The Star. W YORK. May cont 1316, com me 7.—The ned quiet with . quotations unch at 73 for 64 and 8% for 68x7T2's, The raw silk market was quiet and unchanged. EUEBER UNCHANGED. 8pectal Dispateh to The Star NEW YORK, May ber, smoked ribbed changed at the noon q This compares of 50. ago and 50%: a v STEEL PRODUCTION CUT. NEW YORK, May 7 ().—Lessened production, with constant diminished demand for scrap. reported from the Youngstown district e to ac- cumulation of steel. Mills in the district have orders hold up shipments of serap. wk quently is accumul ings this we: 000 tons. P heavy melting ton. Steel bar cwt. and plates at $1.99. strip has settled to $3.7 DAIRY PRODUCTS. BALTIMORE, ‘May 7 Poultry— Live, Springers, pound, 45a . Leghorns, 40a45: old hens 34 A d old roosters, 20a ducks, 20a30; guinea fowl. eagh, 85: old, 40a50; pigeons, p 40. 2 Receipts, 967 cz native . fresh, dozen, offered at —Crude rub ion today issued firm at $2 Cold rolled Good to fancy crea 39a41; prints, 41a43: ladles, 34a3 store packed, 28a iry prints, 3 32; proces: 30242 CHANDLER-CLEVELAND. NEW YORK. Mav 7 (#). -Chand Jer-Cleveland Motors shipments dur- fng April totaled 2500 against the first quarter’s total of 5.000. Offl- clals are confident that the full vear's dividend of $4 a share will be earned in the first six months. BANK CLEARINGS. Sperial Diepateh to The Sta NEW YORK, May 7 bank clearings, §429.000.000 York bank balances, $106,000,000: York Federal Reserve Bank $87.000,000; Boston Bank $88,000,000. TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) —Noon Rid ofte 100316 100 8- 09 51-32 100 1 100 100 1 100 932 10 1925 101 10 1907 6 10 ew credit clearing: SHORT-TERM SECURITIES. (Quotations furnished by Redr 16 Adiro Alu Amer_ Bact S Am. Tel & T Anactnda o Associated 01l Ax Balumore & Ohio Bethlehem Steo Central of Ge: Chi Ml & S Chill R 1 Continent ederated her Body Corn. © ) -eat Northern 7 Wi 0il . of Pa Humble 011 56 14 M. St P. &S S M. 8 Mo, Pac R R, Co. i Morrig & Co. 78 1930 Now " York Central 6s 19 Orexon Sho Penna. R. R Sinelair ¢ Bwirt & Co Thnion 01 of Union Pac. R. 78" Rithber ) tern Union' 635 106 51, nehouse E.&M. 78 1931 108% Red hair is common among the royal families of Europs. the ve of this! deti- | barely | md these | bid the | con- | around | palding Rose. | mostly { share | 1 56 a month | (Special).— | New York | * | Federal Received by Private Wire Direct to The Star Office BY WILLIAM F. HE NEW fin the fined | ties "ERNAN. YORK The features curd de mainly to which ‘are | which the publie !'The volume of 11l but it was evident weral body of stocks resistauce lay on were con- special and in s today high-priced osely held has’ little interest business was agaln that in th the buying which had Thursday, Manufacturing, en almost 15 points i dropped well below the 300 level. appeared to be a direct T nse to the siatement of the presi | dent a few days ago, in which he jwas quoted as savins (hat first quar | ter business will not show up as well las a year ago, and added that no |extra dividends are contemplated, and { that if business does not improve the ny nay not be able to pay the $10 annual rate NEW YORK, May 7.—Following » official list of bonds and stocks ded in on the New York Curb | Market today | Sales in | thousands 10 Allied Pk $Am Gas & BONDS, Hixh 30 Low A 1007 Frirs T 10015 it R e 101 9 6 A 10316 1028 103 a8 | 26 L) 1021 1035 | 1PWLE | 2uphi El gt & Phil Ran Tran 6s 10 Pur 15 R 1 Baden 1 el 59 Buenos Alree 78 3¢ % Alres 7a 36 et Cons E 6 Mig Bk Fin ¥ P 01 nm'k 5lis Ted L s 10 Ruse 1 Sanda 16 Siem & 23 Siem & 1 1 S0iv & C 5 Washington Stock Exchange SALES | s 160 | ** Mergenthaler Linotyne—10 at 1 Washin Potoma Washingt { 3200 at 10: Money—Cail loans, 5 and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY. or. Tel & Telga. 48 Amer & Telga: 4125, " Amer & TeltCu, i 88 Ay b ; e ! Can Ry "% suburpan owir Gas st sl Pt Potomac b Pot. Ele Wwash Wasli Washin Wash Wash. RwY. b, C. Paper Co. Mfg. 6s. . Pot, Jomnt Stock L'd Bk So%inern Bldg. G158, .. .. . Wash. Mkt. Coud Stéraxe 5x STOCKS. PUBLIC UTILITY, | American_Tel. & Telga ol Traction. ... | G ington Gas ... 0l Aol & Wush Steamboat { Potomac Elee. ptd | Wash. | Wa | cotumbia | Commercial | District . | Parmers ‘& Mecha | Federal-American Liberty 1 Metropolitan.’ American § { Continentai M ante Bank y e rronal Savings & Trust Wash. Loan SAVIN 1 | Commerce & Savines. . | Foat T Washington. ... -« - | Security Savings & Com Sevanth | United Washing o i | American | &oreoran | Eiremen's " | Kational vvion. i TITLE INSURANCE. Columbia Title. . Foal Estate Title in Bidt e, Co. of : MISCELLANEOUS. Paper pid... .. Storage pid. Merchants' Trans. & Storage. Meiohants: Tran & Stor. prd. 100 ergenthaler Linotype... 106 Natiol Mtge. & Invest. nf | BaSvles Drug Stores pid 0 = Mootspe. - ... 488 D. © ‘acurity Storage. = Washington Market . . b2 b5 “Ex dividend. 1Ex rights. $Books closed. Al | ) NEW YORK CURB MARKET the line of | more than 21 points gamed several points fur at 202 lost 4 points iration of only the res- preferred and com- | | mon dividends. In the two previous | | quarters the company distributed 2 per cent extra to common stockhold: | ers. ¥ and stocks were in better demand | | than they have been for some time, notably Land Co. of KFlorida, whic lgold for the first time this week at| {an improvement of almost a point. | New Mex d Ari Land changed han 1, a above | the tast pr o | Apps recent upturn in the | Tow-pr nd Gas, which 1 in moarket that the com) important ing advanced Thursday | ther. Buevru: following d ular quarteriy point following reports had brought m ng more thai maunipulation. red with the cents it comin high of 3 ‘ Sales in STANDARD OIL ISSUES it 100 Anglo Am 01 163 | 1004 Am O ma vie 16 1700 Cont_Otl 1w a1 1S O pfold.. 83 16 ai utlicrn 00370 ¢ 17005 0 | 11300 < 1M"70 s © Onto 11 Vacuum Vi Rt ot 5 Buchia 11 ¢ 3§ ) 2 Am G I Am Mulne 3am Pow & 1 m Pow & 1 * Bilsn © Bucyrus ¢ 2 Moh I Narraga ) States Pow A P pf 4000 S 1 Sou 1 Thomp Rad ¥ 1 Tob Prod Export 1, Tuhize A S B v Tni E Coal vte.. i G Imp ( Uni Lt & PnA Cul P & L vte B Cniver Pic ¢ 13 Van € Pkg T Weet 2 Whit 10 vel 10 Atiz Globe € 1 Carnegie Metals 7 Cons Cop Mines. . O Eureka Cro 10 Forty den “Cent 0 Goldfld Cons 5 Conper Cor 1 Mason Valley . 22 Nipissin: Noranda 20 Red Warrior 450 Tonopah o’ 10 West Eod Ext... 06 06 CALL MONEY FIRM. NEW YORK, May 7 (P).—Call money firm: high 4; low 4; ruling rate 4; closing bid, 4: offered at 4%: last loan 4: call loans against acceptances 315; time loans easier; mixed collat- 4 NEW YORK, May 7 (#).—Copper— 7 iQuiet; electrolytic spot and futures, 113%: tin, easy: spot and nearby. 164.00: futures, 59.75: iron, steady: | prices unchanged: lead. steady 86: zinc, steady; Bast St. Louls pot and futures, 6.80; antimony, pot, 12.50. | industry, | mer months, seems less like | pletely by amuteur | more 7 m spot, | i STAR, SLUMPIS UNLIKELY INRADIO BUSINESS Unusually Interesting World News Factor in Good Demand Now. BY J. C. ROYLE. Special Dispateh to The Star NEW YORK. May The radio which heretofore has al- ways felt a slump during the Sum- to be affected this year than| ever hefore. Prospects for profits in | the next three months, according to- dealers and manufacturers, are ex- | cellent. Ieavs receiving sets have been pretty well worked off nund has proved unexpected- v constant. The Summer vears has bee of the outdoo listeners to r r conditions ob d A 156, the aircommunication the & borealis known influences. ! The hoost in sales of sets and parts which counted on to over- come this depression this Summar is | expected to result from the unusual Iv interesting character of world | s developments, improvement in receivin nd broadcasting equip- nent and evelopment of a large | class of amateur experimenters Amateurs Are Active. | Amateurs are now extremely active in building short wave length receiving sets. The manufactured sets also re beginning to com the marke and manufacturs broadcasters nd e ineers busily engaged in experiments in the | wave lengths between one-half and 40 meters. The Westinghouse en- ineers have worked with Australia on a low wave length and the Radio Corporation of America and the General Electrie Co, re working on low wave length broadcasting pro- adversely stocks of slump of previous attributed to the call | which cut down | programs, and to | jing in June, worst months | because of and even have performed real nee communica amateur: services in long di tion in this fleld. The only communi cations received direct from the | steamship Chantler. part of the Arctic | exposition of Comdr. Byrd, have been recefved on a 40-meter wave length In some instances when these mes sages have been lost by these statfons to which they were directed in New York they e heen picked up com in Chicago. i Will Build Transmitters. teu t 1 ng up these low wave munica- | tions from all over world, many { of them will not be content until thev | . t ir's leense set 1t is veceiving set 35 by coiving o 600 meter field, < supposed to be b but am; are now able tc mmercial mes Th e of radic in t} of news has been full A Ly the Br ich strike 1ble to publ depended aimest er on radic arted | e lLeen iity of London and sets ha inctalled in the vie Felt in America. ©ufacturers have the effect. since o radio equipment | produ cws b cemed to the public for the ra- | ipplement to efther and s part a radio teleph it a commer e across the hed this vear has bren dem- | the American | ph Co. and the Radio Corpora A\merica say_the necessary arrangements and refine Wil postpone inauguration un used in American fac howe the appet whet dic pe The tr A cumen: to give have the exy -phone RAIL EARNINGS GAIN. Annual Return of 4.80 Per Cent on Property Investment Calculated. The Bureau of Railway Fconomics, maintained here by the carriers, an- nounced last night that for the first this year class one rail- \ net operating income of which it calculated at e of return of 4.80 per ir property investment. . the bureau said, with 15 per cent, for the period in 182 March the carriers had a net operating income of $9: 911, or .13 per cent on their property in- ment, 3 13 266, or 4.08 per cent, for Ma The bureau placed gross operating revenues for the first quarter of this vear at $1.471 against $1.426, 904,819 for . and §503, quarter of roads had the am cent on This comp: $204,605.982, or corresponding . an increa PARIS PRICES STEADIER. PARIS, May ‘T (A).—Prices were steadier on the bourse today. Three per cent rentes, 47 francs 10 centimes: exchange on London, 154 francs 75 centimes; 5 per cent loan, 55 francs 70 centim The dollar was quoted at 31 francs 90 centimes. HEADS BRIGGS COMPANY. 1 French has been elected president of the Briggs Manufacturing Co. and Walter O. Briggs chairman of the board. N. & W. TRAFFIC HEAVIER. NEW YORK. May 7 (P).—Freight traffic on the Norfolk and Western in April was heavier than the same month last year, loadings amounting to 93,213 cars, against 78,472, but smaller than in March, when 96,946 cars were loaded. WOOL SALES SMALL. Special Dispatch to The Star. ROSTON, May 7.— Each dav that passes without indication of an early termination of the British strike strengthens the conviction in some sections 'of the wool frade that its ultimate effect may be favorable to sellers. Sales of wool are small, how- ever, and quotations still are largely nominal. Some Ohio 3-8 blood has sold at 44 cents grease basis aud fine Montana staple at 1.10a%.15 A Ford “flivver” went into an eclipge today, the Office Boy reports. | It pdksed between a star and a moon. Actual deliveries by Buick Motor Car Co. to owners in April were 31,- 681, against 23,224 in March. Ship- NEW YORK, May 7 (®.—John H.! WASHINGTON, wents for April were 24,089 cars. D:. ¢.;. FRIEDAY, MAY, 7. 1926 Last Day Values for Men'’s Weeke m SheMen’s StoreWeodoard Yothrop Every one of these offerings means a special opportunity to complete vour outfit for this season at very low prices—much lower than you expect to pay for merchandise of such fine quality. You will find shopping here tomorrow extremely profitable. The New 3-Piece Summer-Weight Suits spocial P 27-50 Representing a phenomenal achievement hecause they com- bine real lasting style and com- fort in Summer Suits—and at a special low price. All of the popular colorings for the warm months appear in the fine light-weight worsteds and feacher-weight wools, from which these suits are tailored. " White Flannel Trousers Special Men's Clothes Section, Second floor. I'hese Furnishings All Specially Priced English Broadcloth Shirts Lustrous White Broadcloth Shirts in collar-attached and neckband styles. $1.85, 3 for $5.50 Fancy Silk-and-Lisle Socks And. rayon anl lisle, bright colored patterns. 75¢ pair too Nainsook Shirts and Drawers Coat style shirt, knee-length drawers, 65c¢ each New Four-in-Hand Ties Of foulard silk for Summer wear. 85c¢, 3 for $2.25 Light-weight Golf Hose Plain and fancy patterns. $1.25 pair Pocket Bill Folds 14-kt. gold corners. Folds come in six different styles. $3.50 and $5 Tan and Black Oxfords Fine Scotch grain rubber heels. $6.75 pair Patent Colt Dress Oxfords Light, flexible sole, combina- tion last. $6.75 pair Men's Purnishings Section, 3 Berting "Goods Eectian, Recond flgor Rhoe Section, Second floor.* Handkerchiet Section, First floor. Athletic Undershirts Made of lisle. Puil-over style. 65¢ each Fine Madras Union Suits Sleeveless, knee length elas- tic back band. 85¢ each Seamless Lisle Socks Double heels and toes black and colors, S pairs, $1 Mercerized Cotton Pajamas In Summer weight. popular colors. $2.65 pair Linen Handkerchiefs Hemstitched horders. 40c¢, $4.50 dozen “Premier”’ Golf Clubs 3 models—all wood, right and left hand 85 Tan Golf Oxfords With Spiked Soles Fine Scotch last, soft toe. $6.75 pair grain Haig Fine White Canvas Oxfords Leather sole and heel, a very popular last. $6.75 pair Woodward &Lathrop _10th, 13th, F and G Streets