Evening Star Newspaper, July 17, 1926, Page 29

FINANCIA TRATING S BRISK N CENTER NARKET Big Supplies of Potatoes Send Price Down—Other Produce Abundant. Seasonable rains the past three Weeks have resulted in so great an in- Crease in the crop of potatoes from Eastern Shore of Maryland that prices in the local market have drop- ped to a price lower than dealers have experfenced in recent years. ' The market is simply overstocked, dealers say, and cholcest homegrown stock was quoted at $3.75. North .Carolina stock was quoted at $3 to $3.35, some poorly graded Potatoes selling as low as $2.50. Liberal supplies and a slow demand made the market much weaker and further reductions in price of in- creased receipts are expected the com- ing week. Receipts of watermelons this week have been very liberal. A few melons + came. from South Carolina, dealers reported. but the bulk of them are frem Georgie. They are especially large and of excellent quality, it is stated, and prices range from 35 for small stock to 75 cents for the choicest. Glut of Georgia Peaches. Peaches from Georgia have prac- tically glutted the local market, was the report of ‘dealers this morning. Harley Belles, said to be a fine speci- men of the fruit, sold at $1.75 to $2.50 2 bushel basket or crate of six pans, slightly short of a bushel. rgia_and North-Carolina grow- ers are shipping small quantities of cantalou; $3 and §3.50 being quoted for grates of 36s and 45s. A few early. stock from California are still to be had. but the demand for honeydews has reduced that for the cgntaloupes, prices being substantially the same for the crate. Apples are being recelved t\ quan- tities sufficiently large to e a dull market. . Virginia, - bushel baskets, various varieties, small to medium size, were quoted at 75 cents and $1. very few sales of the large size fruit being tade at'$1.25. Home-grown tomatoes are virtually supplying the market, very few from California and the South being of- fered. ° Ship stock does not find | favor with buyers when there is a plentiful supply of home-grown to- matoes to be had, dealers ltl!x Prices this morning ranged from §. to §2.50 a bushel. . Lettuce Is in Supply. 4 Mére liberal supplies of lettuce and light supplies of onions, the former from New York, and the Iatter from Texas, are being received. Crates of twd dozen lettuce were quoted at 76 cents and $1, while the onions brought $2 a. crate. Small quantities of home-grown corn <have appeared in the market. and increased receipts of splendid quality from Virginia find ready sale, prices depending entirely upon size and quality. ‘Early morning buyers were out in large numbers this ‘morning, recent cool weather causing an increased de- mand for practically all varieties of food. Retailers had splendid assort- ments of all kinds of food from which to make selections, dealers being able to meet all their demands. Today's Wholesale Prices. Butter—Fancy, 1-pound prints, 46a] ' 47; tub, 45a46; store-packed, 28. 'mz;‘p—mm, selected, 30; hennery, Poultry, alive—Turkeys, 38; Spring ‘broilers, 38a45; White Leghorns, 35a 36; fowls, 30; roosters, 22; ducks, young, 20; old, 16; keats, young, 702 80; old . 35a40. ~ Dressed—Turkeys, 40; broilers, 40a4b; keats, young, 90a 1.00; old, 40a50. Live stock—Calves, choice; 11; me. ¢ dium, 9; thin, 6a7; hogs, ;xrdlum. 13%; light, choice, 15; lambs, Meats—Beef, 17a18; lamb, 30; veal, hams,” 32a34¢; 32a3¢; fresh shoulders, 25. Frult and Vegetable Review. ‘Today’s market report on fruits and ‘vegetables (compiled by the Market News Service Bureau of Agricultural Economics) sa) . Apples—Supplies heavy: practically no demand or trading; too few sales reported: to quote. s Cantaloupes—Supplies liberal; de- ‘mand moderate, market dull;' Arizona, salmon tints, standards, 46s, 3.5024.00; Hr.& 3 458, some ripe, 4.00a 4.25; “flats, 12s and 16s, 1.25a1.50; ponies, 45s and 54s, 3.00a3.50; Califor- nis, Imperial Valley, salmon tints, standards, 46s. ripe, 3.00; flats, 125 and 168, 1.25; South Carolina, salmon tints, 368 and 27s, 2.25a2.50; flats, 12s and 15s, mostly around 1.00. Lettuce—Supplies liberal; , demand slow, market dull; New York, 2.dozen crates, Big Boston type, best, 75a1.00; some wasty, 50. Onions - Supplies light; light, market dull; Texas, standard ;ran:u. vellow Bermudas, U. 8. No.'1, Peaches—Supplies liberal; demand slow, market dull; Georgia, 6s, Hileys, medium to large sizes, best, 1.50a2.00; ! poor color, 1.25; bushel baskets, Hileys, :fnonfly around 2.00; 6s, Slappeys, very lew . sale: medium to h 1.7522.00. h'," e Steady Potato Market, Potatoes—Supplies liberal; demand moderate, market steady; Ni [/ ‘Watermelons—Supplies liberal: de- mand. moderate, market steady; Geor- gla'and South Carolina, bulk, per 100 melons, Tom Watso: 28 to 30 pound average, 30.00a40.00; 34 to 36 pound weverage, 60.00a.75.00. Corn—Supplies liberal; demand slow, market dull; North Carolina, crates, 1.5081.76; poorer, 1.00al.25. Lima beans—Supplies light; demand moderate, market steady; N Caro- lina, bushel “hampers, fair quality, 2.5023.00. ; Cucumbers—Supplies = liberal; de- mand slow, market dull; North Caro- lina, bushel hampers fancy, very few sales, 1.00a1.25; Virginia hotbed stock, ::-hol hampers fancy, 1.00a1.25; AREMeof Atae ' Surar 08 a: Tel. tcflf é“fi to this city, a price of |’ nndm' | the desperate stem-the collapse in the NEW YORK, July 17.—~Prices moved irregularly and without definite tend- ency on the Curb Market today. g Some of the oil shares were in bet- ter dsmand following the recent sell: | but ing, and slight gaing were recorded |o! in the inent members of the Eroge. umble at 1% retruced A i point of the loss early in the week and its movement was typical of most other standard issues. Mex- ican Panuco continued in demand around 4, giving evidence that the selling which had been overhanging the market for this stock for somie' poitnBoaithern dnds NEW YORK, July 17.—Following is a list of bonds and stocks traded in on the New York CurbMarket todiy with the volume of sales and prices up to and including the close of the market. faletn, e e o rerades 5o > TS PR T ‘Vllug - o - 2 s G SSR5IESM R - - Loaratans o e s o I Fsoria B SR QONIERE TRISRE B SESSRE FE PEEESE eBeaoeaa3 P SRR SERRER 8 BEPE FE SRR BN RRRRRRRR RRRINE B N S AR L5 B8t Dbt L3 - PN Y ST e Ll i i o 310t [0 20 D A YA BEHRIBIO®: BE S PR RE SRR PRRERSE e 15094 19092 e Ot A D gt e 2, s B GREE REF PeoTe - Gy L : o H82RR533; BISBR: o) =) I e e eabloliat.B NEW YORK CURB Direct ‘to The Star Ofice time hag been’ completed. . Products, which A e A ‘above: 18, recorded earlier in the week, frac: tional {mprovemerit taking Mfl-‘: and Ele igh tox EE - S;u»-:oa-su;-' - ; i — a5, 33 f @ b B30 00 5 0B B ar1058 8-S am s ESom momoiis! e S Bombs: PUBLIC INTEREST STHL LAGS IN STOCK MARKET MOVEMENT “Flight From the Franc” Starts in Earnest as French|. Currency Tumbles and Government Is Unable - to Act to Stabilize the Conditions. b BY STUART P. WEST. Spacial Dispatch to The Star. NEW YORK, July 17.—The important questions. raised sult of the happeni: week a of are whether ':E' is further upward dfl!t" money, v ‘French franc are coming out; nm'l. finally whether in country to be such that the public ‘will be way it was last Autumn. ml.t u’ that the market is in: strong Stocks. which ure believed to represent the attitude of leading banking interests—the premier motor and steel shares—have been strong. . The min copper metal after n long period of inactivity has t, the . oo and smelting stocks into ter prominence. Vari- ous ind G m0er e ng, it of "nine: The ter part of Tave bean golng on in g:“h.r. Ifluf;l,u all the n st for i the optimi - back into Wall street | Ch, and foreign, which ‘the frane. ‘The sequel at the moment appears very doubtful. ‘The government can- not get the power it wants from the amber of Dej jes. All polit groups ' are to go before the people and ask them to make the sac- | COMMoD! STABLITY EMDENT) AN PRCE Sitiation Aiding._Business. for wisssons.| Byyjng Goes Aheat—Lum- ber Tnde‘propg. e nited Etates shows every of stability. No sh upward or dewnward seems immi: nent. This\is alding“commerce and industry materially, since purchasers are not heditating to buy in expgcta- tion: of sharply lower )lgt of the buying is for prompt delivery. Considerable difference of opinion exists as to whether building cofi- ::;ucuan volume has passed its orders have lt South ills ecreased 13. at Southern m! a18.- 000,000 feet in a week. On the:other hand, little falling off was noticeable in actual contracts for censtruction | Business men are showing that they are determined not “to let labor troubles check construction.. if it is tle to avold it. A fund of $6. ers and o citivons commitiae. I oyers and a ni veland to ald in carrying on work the mg::nrl‘ and glazers’ n a vs declined a fivecent an hour advance from the old scale of $1.25. and démanded $1.37%. Strikes Elsewhere. Bufldin kes also are in progress in_some ‘&:{: cities. The strike of d service station | ‘made woolen mills or strikers have taken the matter in hand, there is a prospect that the textile strike in that section Automobile manufacturers are tun- ing up their plants in preparation for a rush of business when: their new models are shown. Tool and equip- ment makers are recelving inquiries from motor manufacturers who con- template plant additions. *The mand for reinforcing . bars, .shapes, plates and automobile sheets keeping the steel industry in an opti- mistic frame of mind. ‘The volume of copper sales has been large, to the improvement in demand both at home and abroad, and there has been a consequent strength- ening of prices. ' Lead have moved up aided by speculative holding of the metal in London. Zinc has been in good demand. ‘There is in evidence, a feeling of uncertainty as to the future - out- look for the farmer, and buying power | Sh is more in evidence in industrial than in rural communities. The latest estimates place the total wheat crop of the country at ap- proximately 100,000,000 bushels. more than a year ago, which would have. a tendency to keep prices low. The sityation has been bettered, so far as is |88 for pensive by | plentiful should be counterfeited, yet est Ol Well, 'ampasoa Field, dico, Producing . ‘well, which was broughf * depth of 1,607 feet, has produced 15,000 barreis. It ,ary of = o FNGSWIE - USE AS A JEWEL peak | Jot, Al(fio@dh Common, Is Ex- tensively Im_itgted—Simr - ilar'to_ Amber. ‘wilwmfluflymmmu‘ DECLARED FEWER Raliroad Contributing flofia-' bly Toward Safety Meas- - ures, Conference. Told. ) notably toward accident prevention, Lew R. Palmer of the Bquitable Life Assurance Co. declared today at the third and final day’s session of the industrial accident prevention confer- ence at the Mayfiower Hotel, TCasual- tiss from collisions on the railroads show a. reduction in number of $1 per cent and a reduction of about. 85,000 casualties on a cumulative basis in the 17 years between 1907 and 1924 over the previous 17-year period, Mr. Pal- mer , while 1924 showed a reduc. l,flithfwufllnuflnw an obfect of industrial or commercial| Thie use, but it also finds an interesting place in the jeweiry trade in the form’ of jet, Jpt is popularly believed to be of minera] origin, but in reality it I8 the fossilized wood of anclent cone- bearing trées, like the fir' and hem- lock of today, which has been changed into a black substance - resembling cannel céal, but harder and of deeper eolor and higher degree of luster. Although jet occurs at many places, throughout the wold, Yorkshire, Eng- land, has long been famous as . the source of much of the world’s finest supply. From the manner in which it occurs in this region, it seems very probabld that the conifer trees did not grown on the spot, but drifted out to sea millions of years ago where they became waterlogged and sank to the bottom. - They then became: d- ually buried in the slowly d tin de- |mud where, in the presence of sall water and under increasing pressure deposition continued.~ the woody structure . was into .the black substance now pdpular as a gem material. Good jet found at numerous localities in North America, éspecially in Colorado and in Nova Scotia, but the art of cutting has not been. sufficiently perfected in _this country to compete with the English product. Similar to Amber. Nodules of jet also occur along thé ores of the Baltic and Black Seas uaoeu’ ited with amber, whence ca stances is considered. ever, is the fossilized gum of the coni- fer tree and jet is the fossilized wood of the same species of tree. . It seems incredible that a material Jewelry so inex and so an abundance of imitation jet is pres- ent in the market. Its much lighter reports of floods and weather conditions in European wheat-| when producing countries. ‘The apparel trades are looking up and manufacturers expect an-éxpan- sion of the business done for Autnm distinct Im’ provement, owing to the fact that con-| sumers have no longer an im taining -achedules at close to capacity Mm‘mt to continue To do go for the remainder of the year. The furniture in the midst of a Sum- UNDERTONE FIRMER IN BUTTER MARKET Into-Storage Movement in July Exceeds That of the Same over July 1st last Year, all markets were. decidedly weaker and prices on | declined one-half cent. rifice they would have to make in | order to save the situation, New foreign credits are quite out of the question. France has not yet arrived at the desperate that wa in when it repudiated its internal debt, but it 1o0ks very much as if thi to be considered as a pos. to run_ the government 3 | private business ‘ privat takes so much larger phg R AR value. ere s ths(lnr on of 1“ ‘Wall street litérature, t‘:: a pressed bidding of & sto has stocks made no outside, and ofl stocks have disappoint. | YOlve ed their large following. The sugar| ot oo stocks have done nothing. Occasional spurts' have s, but dged. they have not occurred in some of the |- YORK, July 17 (9. Mnmmnd ‘ll‘{"‘ 4 m ‘bills on, banke, 4821 Coal mine accidents cause a 1088 to the coal industry which is equivalent to, 8 to 10 per cent of the entire amount of time which. the industry Wworks, acco) to W. W.' Adams, statistician of the Bureau of Mineés. Mr. Adams urged the mining industry to take ‘the lead in improvement in|J| gineer of the General Electric Co., told the conference that improper lighting | i is a large factor in industrial acci- dents and bears a direct relation to|j the accident rate. 4 +*No one would think much of an un- guided blind man’s chances of avoid, ing accident {n' the average f: " he said, “yet ‘m fln‘:.ga:t zo order yrmmnt lum| n - many ghntl is’ such that ,0) have ut. little chance for safety. “Sight is the first essential to safety. Danger must be. seen before it can be avolded.” Safety rules enforced by the Utsh Copper Co. were described by T. F. Jénnings of the company. 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