Evening Star Newspaper, December 22, 1926, Page 13

\ PRICES UNCHANGED INTURKEY MARKET Warmer Weather Gives Deal- ers Temporary Scare, But Values Hold Firm. Yesterday's high temperature, caus- | ing turkeys to sweat, threw a scare| into the turkey market yesterday aft- | ernoon and threatened to break| prices. Dealers held off until this morning, however, when the colder | weather reassured them, with the re-| sult that prices remained practically | unchanged. Ample supplies of the king fowl are | being received, most of them being | in gplendid condition, and dealers ex- pect they will be able to clean up by the time market closes Friday. Un-| less the supplies become too great for the demand, a condition not expected, | 1t is believed the price will remain at B0 and 52 cents for choicest stock. Today’s Wholesale Prices. 1 Butter—Fancy, one-pound _prints, B9260; tub, 58a59; store packed, 38. Eggs—Fresh, selected, 53; hennery, B5ass; cusrent’ recelpts, 50a5l; stor-| age, 38. Poultry chickens, 23a25 alive — Turkeys, 42a4d; | White Leghorns, 22a | , 16a17; ducks, | young, 60a70; old, 60a52 smaller, 40n Young, 1, 3bad 30a40. shoulders, 23a24 hams, 28; smoked shoulders, 16a22. Live stock—Calves, choice, 13; me-, dium, 22; thin, 6a7; lamb, 13. Fruit and Vegetable Review. Today’s market report on fruits and wegetables, compiled by the Market News Service Bureau of Agricultural Economics, sa; . Apples—Supplies liberal; de{lnd moderate, market steady; barrels, New York, A 2%-inch and A 3-inch Rhode 1sland Greenings and King Davids, few sales, 5.00: box ‘Washington, | medium to large size extra fancy De- sh-| yland and Virginia, un- | classified Staymans, 2% Inches up, | 65; No. 1 Staymans, 2} inches up, 75a1.00; 2%-inch, 1.00a1.25; unclassi- fied Yorks, medium to large size, 70. Cahbage—Supplies. liberal; demand moderate, market steady; New York, bulk per ton. Danish tvpe, 35.00; sack- ed, per hundredweight, Danish tvpe, ; Texas, barrel crates, round type, 450; South Carolina, barrel crates, round tvpe and pointed type, 3.50a 4.00; Florida 1% -bushel hampers, inted type. 2.50a2.75. WCelpry—Suan(-s liber: den}and moderate, market steady; New York, 2.3 crates. 2.00a2.50; poorer, low as 1.50; California, crates medium size, 6.00a5.50; few best, 6.00; large size, | 4.50a5.00; few higher. Lettuce—Supplies liberal; demand | moderate. market slightly weaker; Florida, 1%-bushel hampers, Big Bos- ton tvpe, 1.50a2.00; California, crates, Jeeberg tvpe, 4-5 dozen, 3.00a4.00; mostly around 3.50. Onions—Supplies light; demand light, market steady; New York, 100- pound sacks, yellows, U. S. No. 1, medium size, 2. Michigan, 100- und sacks, vellows, U. 8. No. 1, ge size, 2.75; few higher. Potato Marlet. Firm. Potatoes—~Suppliel moderate; de- mand_moderate, market firmi; Michi- gan, 150-pound sacks. Russet Rurals U. 8. No.: 1, 440a4.70; mostly 4.50; New York, 150-pound sacks, round ‘whites, 4.00a4.25; Pennsylvania, 150- ?t)llfld sacks, round whites, U. S. No. 4.25. . s Spinach—Supplies ~liberal demand | moderate, market steady; Texas, bushel baskets, Savoy t.\'l'g. 1.00a1.15; few higher; Norfolk section Virginia, cloth-top veneer barrel, Savoy type, 1.50a1.75. Washington Steck Exchange SALES. 33 300 at 103. bi “'ilcfln’»: %% 0%, 10 &t 2t 1he w1075, 3 At 1078, 2 2 et 107%. 8 ‘ot 107%. 10 E. pfd—10 at 90%. S Pra30 at 102, o R AFTER CALL 55—8500 at 100. et Fa—$1.000 at 100% ?fifi“:fizk Tr. Co—10 at 18034 o FGabATer. Co. com—10"at 32%. 11 Money—Call loans. 5 and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY. £ 0050, SR p FEes t. gar. & P. Teléphone br. c. ol of Va. Bs.... 0 . Capital Traction R R. Be. . ity & Suburban Be..’. ... .. restown Gae lat tomac Elec. 1st 32233%: 3333232 s [ 32 SRR 3 Washington wi wy. Wash. Rwy. 352 2533 MISCELLANEOUS. 5 O Jotmt, Stark 10 Bk Bldr Biis. .. . o&'he“kl Cold_Storage Bs ar8man Park ol bi4s STOCKS. PUBLIC UTILITY. tomac Elec. nfd. ... W Rwy. & Flec Vol Rws. & Eier - NATIONAL BAN) National Capital.. 3 bia fatrict Parmers Federal-As Liberty T Breviovoitian Rigen " .onnn Lol Nat. & Werchants' erican .. arican Secnrity Shtimantal - Tt ..o s:{;"»‘.." Savings & Triiet Prusty oo o . Qleh. Lan & Trini SAVINGS BAD gommiree,§ S0 ity Savings & Com.. FIRE INSURANCE. MISCELLANEOUS, = TN PiaSiak Amiarican Co {edoral-American Federsl Storaze nid O 2 rane. Srchante’ Trans. & Stor Linotype . Marpegihater, oty ug Stores DI. Lorag NG _STAR, WASHINGTON, D. C., WEDNESDAY, DECEMBER 22, 1926. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office Following is a list of stocks traded in on the Curb Market today. Sales INDUSTRIALS. High. bonds _and New York in Bundreds. % Ala Gt South ptd 128 1A B R DAy 3 ien 9 Am Gi o S e 98 v e 53323 e T Serv re Oil Cof d Krd Bur 5138 rvel Del 12 pe 10 i b o Feo & EtAeIe P 8 2! e o B sonammSor FIE s as 64s. .. 102 7 1 theast PAL 65 96% Sonthw P&L s A 087 ¥ 6ias. . 105 @ oo o BEEh 8 S0 22 - focs ot RN S - 285 IDDIe Do (3193505 DD B ID . DT tbet LI DRI S DL 215 DO S0 S e FRERSE PR E FEER FREE ) =a, 3 & SEEeiosh o =8 SERIRRSTIRE3: M £ £ o 28 e 33 SR £ o o ons. ria i 3 Consol_Laund. . Covol Prod A wi 4 Courtiauds Led. - P BIRISCEIBS: mu,_-_u EEEEEE REEEIR Saaaa0: EEE t0; =3 Eirtone o on P —— ey - £5025555555 n0w ! 52203555535 a &3RINIBINESESE EEEA FIAE ory B SR e : 9 [ 51D ikt B2@S o xS BB B D101 SO a3 83395 1o - 2 - 2 e 1Fo o Al 34 Ford Mot Co Can 43 5 Foundation ForA X - » ono miswiee 13 i B ERRE Pl = Prritent: R TR ER PRI AR SR IR E T EFER s 2. o o 2 21 Gen Bak B. 1 Gen Ice Cream.. X N E5€ 3 I ri 20 D1 B 2 L 3 ron 5, grmosa EE e i gD ua._, 7 13 » 20 5 P Bt D BB R 255 ®, 2 e B A 58251 D & SEFETER F D e e e TP T IR 22 00 pnRmE: 33 BER PERER FREPEIPEFE FEF F R F R FE AR R O FIEEER 28 Johns-Manv “nwi 30 Reysto Solether . 4 Landover HoldCA 1 Landov HCA stpd e 3% 2 v @ M 0B 55t B Sernons-temsi o o5553 35 - 137, 3 3 &3 1l w n . [} £ —— WILL DEFER REMOVAL. BOSTON, December 22 (#).—The Otis Co., operating textile mills in Ware, Mass., and Greenville, N. H., has decided to postpone the proposed removal of its textile plants to the South and the liquidation of other New England properties. FEE P15 B D RANR DT FREEE R R FREERE 2 F 1 811914 B s S 3 Mo 5 Murray Bdy n w 2 Nat Pu Ser 4 .. 13 NatSue R N i1 eisner Bros .. 3 Nebtue Mete A 1 New Y POULTRY MARKET FIRM. CHICAGO, December 22 (#).—Poul- try—Alive, firm; receipts, 9 cars; fowls, 19a24%; Springs, 18a24; turkeys, 41; mers, 18%; ducks, 20a30; geese, s = Ot Ot 2 3 1Ot e 1 Dk S 0 B B A Yo P DB F D 3 B D 350115 5B DA NN DRY GOODS QUIET. NEW YORK, December 22 (Special). —Cotton goods markets were quiet to- day, while print cloths advanced % at 6% cefts for 64x60s and remained unchanged at 7% for 68a72s. Raw silks eased off 5 to 15 points in a quiet market. NEW YORK MARKETS. NEW YORK, December 22 (#).— Rye strong; No. 2 Western, 1.10% f. 0. b. New York and 1.08% c. i. f. ex- port. Barley firm; malting, 88%a9004 c. i, f. New York. Lard steady; Mid- dle West, 12.65a12.75. Wheat futures opened steady; May 1.43%. Other articles unchanged. A BUTTER IS LOWER. CHICAGO, December 22 (#).—But- ter—Lower; receipts, 5,583 tubs; créamery, extras, 50; standards, 473%; extra firsts, 48a49; firsts, 421a45; sec- onds, 38a4l. Eggs—Higher; Teceipts, 3,405 cases; firsts, 41a43l%; ordinary firsts, 37a40; refrigerator extras, 35a 35%; refrigerator firsts, 341. GERMAN BONDS AND STOCKS. ver _milll ( in doll fon mi L) S ) IRt o prs B0 maonaDo oS S 0 B R AR 1550 B I D D3RI D1 HRB 150 D o BN DA FE FOER ROIRSERRE FEE O SR ,a 2 0 28 3B S e o5 35 ! FEEE ARRER FEEE 2 W0Rgis eecncs %SRS IAND BB 253 £ ITERE FRER & ypsum. . I il Shar . ctor Tatk_Mch 153 Pie. . 20 vic'B 16 1st pf.. O 50 0 White Sew Mch; e & 5 e Seass * ar B n Golden State. .. . 60 Hawthorne .1 Hecla Min 2 Holl i SR T b 2 1 Mason Val 'l ! ' 2% 2 Newmont Mining 7 T Zine "‘u§ 5 Nipiesi; 3 )’j;?.:;d%‘ tte b 1 3 North Butte 'L 20 Plymouth a3 .08 10 Reorgan W Div .04 lfl_ivelrheld Gold .0 1 Teck Hughes. 4 Tono Belmont.. 34 10 Tonopah Ex . 20 FUiR Apg 4 6 Wenden C 3 10 West End Chem. .03 Sales . INDEPENDENT OIL STOCKS. in hundreds, 10 Am Con Oilfids is 1 e 3 3 B3 FIEE £ 533338 Bk 23 pre-war. lische Anilin. Aig. (Germ; mere. 8 3 SRE ooooann0 2333433333 mr ank . oL 71 3 3 &: & ©: 1 S il 68 Am Maracaivo ¢ 13 . 8 65 Carib Synd i 02 r Bank i‘l%!" s:‘zfl«%; 128 " SHORT-TERM SECURITIES. (Reported by J. & W. Seligman & Co.) Noon,. .00 .00 1Git 8 2 Cit Sery 24 1 rocasid oot FRERE PR IEE BN %) 8 28" 70 253 ; b .Efi S50 5e5) R 3ERRS R 232, 100 T sy g - D OB = 7 ) ¥ = o o Xl 00 Ang A O non vte 19 3 A Lobos. . o & Unfon OIT d{f(':' e by’ . Ba Union Ps B c s Oot, L, & Pw 2 0é A wi e panaraboparutat 2=Z055:55 St 23523353232328553 FEDERAL LAND BANK BONDS. (Quoted by Alex. Brown & Sons: ckuln() PP “. 143 0 £ T e R X =, e 558 R22223232% £33 235 % % FOREIGN EXCHANGE, (Quotations furnished by W. B. Hin ::)lv;rvnln Sellin ehecka ), today. :sg.s‘é'«'x% su8ey e e s 233233 [ S S33E3 3 232 ™ o - R IR R ISE2RIR BRI 22 2ETII3R3322 ot 5 4 L <5 5 3 geEseeges 23233 ® £ R RREE 9 s 258 3DDL RIS SOHBIDT . R EaR2322R 33 8233383-2822255352% e 9 v 6s. .. Tilum ‘Bs Larrabee Tex ™ PR o PG FEREF S FRE 5 6s FRE PESE B P TREASURY CERTIFICATES. (Reported by J. & W. Seligman & Co.) TR 496 Dec. 15. 4 37 10058 o The legislative assembly in Vi ictoria, Australia, has passed a bill conferring sex equality on women, # s 2220 03DD! et e SEIR3IRHRI[2R < 282 R ER SFEGL P D FERRIRISRESE FRRR SFREE EE s o ai ol 91 F2233: F& nd Oi] & G ti%s 1 46 Inter ke Paper Gs.. [ COTTON IS STEADY AT HIGHER RANGE, Bullish View Is Taken Today of the Weekly Weather By the Associated Press NEW YORK, December 2 cotton market opened steady todey ai an advance of 5 to 11 points on a Nile trade buying and covering which ap- peared to be influenced by a bullisk view of the weekly weather repord and the somewhat steadier tone of the later Liverpool cables. There was further_ transferring of long contracts from January to later months, spot house brokers buying January against sales of March or May, but general business was quiet. After selling up to 12.32 for January, prices held within a range of 4 to 5 points during the first hour. The weekly weather report said very little progress was possible in gather- ing cotton remaining to be picked in northern sections of the belt, owing to unfavorable weather conditions. New Orleans Market. NEW ORLEANS, December 22 (®). —The cotton market opened firm here today despite poor Liverpool cables. The "weather was unfavorable, how- ever, which induced covering. First trades showed no change to 5 points up and the market continued to ad vance after the opening until Januar. traded to 12.40, March to 12.56 and May to 12.74, or 9 to 10 points above the previous close. Advices from the Western belt indicated that the move- ment of cotton to market had been in- terrupted by rains and that the basis on low grades has advanced. At the end of the first half hour prices were steady and at the highs. Liverpool Quotations. LIVERPOOL, December 22 (#).— Cotton, spot, small business; prices stead; American strict, good mid- dling, 7.69; good middling, 7.34; strict middiing, 7.04; middling, 6.69; strict low middling, 6.19; low middling, 5.64; strict good ordinary, 5.29; good ordi- nary, 4.64. Sales, 4,000 bales, includ- ing 3,100 American. Receipts, 28,000 merican, 10,000. Futures closed December, 6.54; January, 6.59; March, 6.68; May, 6.8 Jul; 6.92; October, 7.01. ‘he UNIT IS COMPLETED. NEW YORK, December 22 (F)— The consolidation of the Newport News and Hampton Railway, Gas and Electric Co. with the Virginia Public Service Co. was announced yesterday by S. R. Jones, secretary of the com- pany. This completes the final step in the organization’ of a single op- erating unit of the Fitkin utility in- terests in Virginia. i MEN AND MONEY By M. S. Rukeyser. (Copyrikht. 1926.) George Berpard Shaw should apply to the Radio Corporation of America for royalties. Morally he will be entitled to them. when and if present experiments in the company's laboratories in téle- vision (or seeing around the world by radio) result in actual successful . F. Alexanderson, consulting engineer for the Radio Corporation and the General Electric Co., in an- nouncing his work on such an inven- tion, acknowledged his indebtedness to Mr. Shaw for the idea. In his play, “Back to Methuselah,” in a scene dated 2170 A.D. the British premier is shown in conference with cabinét ministers who are hundreds of miles away. The premier presses a button and summons forth on a _screen images of individuals on other con- tinents to whom he speaks by tele- phone. Thus, practice follows theory. This was what Oscar Wilde had in mind when he remarked that life imitates art. Once more it may be demonstrated that what man can imagine he can accomplish. Mr. Shaw's cotemporary, H. G. Wells, an ex-chemist, makes many daring forecasts into the distant future. His speculations are likely to be stimulating to scientists engaged in practical research. Wedded to Research. Big business in the United States is wedded to the idea of research. The General Electric Co. spends more on research n - Harvard . | University. Among manufacturing companies, the General Motors Corporation is a leader in research. Research is the means by which business keeps pro- gressive and perpetually challenges the accepted way of doing the ordi- nary work of the world. Charles F. Kettering, vice president, is directly in charge of General Motors research. In explaining the aims of this ge- tivity, Mr. Kettering said: “A great many people think that research is a disregard for anything that is old, and that we believe anything that is old is wrong. This is not true at all. We question everything. And if an old thing is right, we try to find out why it is right, and if it is wrong, whether or not, with great advances that have been made in materials and produc- tion methods, it cannot be corrected. “In our work we fail about 99 per cent of the time, and the only time we do not fail is the last time we try. ‘We do not foollehly try things, but from a complete analysis we know that there is a known chance of the particular problem being : solved. These problems are only worked upon provided their solution is of immensely greater value than the. cost which it may take to solve them. Sees Changes Coming. “Here is a prediction, that after more than 10 years’ work we are on the eve of a complete revision of the production of fuels for the motor in- dustry, By this I do not mean that within a year we will completely change our methods of refining or our methods of utilization, but that we will greatly improve the methods of producing and of using fuel, so that over a period of years we will be able to perhaps double the number of miles per gallon. We know enough now to begin this work, and industry always responds to a new situation of this kind. Most of our industries have been by-products of some fixed ma- terial or methods. “Our great advances in American civilization have not been only tech- nical, but there has been advance- ment in our minds. Just as long as we recognize that we must bulld from all phases, as well as from the ma- terial side, we will continue to ad- vance. If we can keep our American factories from producing great in- ventories which must be placed on the market at reduced cost, then we will progress along that line. We must keep people wanting new things, better conditions. in order to have progress, and therefore it is the busi- ness of the research engineer to con- tinually study this situation and to present to the public from time to time such new things as will fit into the normal progress of- business.” 1 Consummation of Obvious. ‘The Steel melon cutting represent- ed the consummugion .of the obvious. The stock, which in 1901 represented pure water, by the end of 1925 had a book value in excess of $280. As a result of Judge E. H, Gary's polic of dehydration, the United te Steel Corporation, which had origina ly been greatly overcapitalized, be- came undercapitaliged. The dreams and hopes of the promoters came true. The house of Morgan's greatest handiwork in time matured. It had to pass, however, through long periods of public skepticism and doubt during these 25 years. In 1901 the stock sold as high as $55 a share. Within four years it sank to 8%. As a result of the great war boom, the stock in 1917 soared to 136%. which remained the peak for all time until last year. In the current move it reached a new summit. THE BUSINESS OF GETTING AHEAD. Self-Confidence an Asset. Life consists of the ebbing and the flowing of the tides. The test of whether you really be- lieve in yourself comes at times of re- verses. ‘When the momentum of stccess car- ries you forward, your inner confi- dence in yourself is of lesser impor- tance. Recently an individual who had in- vested his future in a fine business dream saw his product collapse be- cause of reasons beyond his control, and his bankers changed their policy and withdrew their support. He was ordered to cut down his staff to a skeleton organization and to carry on operations on a greatly reduced scale. The change sounded a death knell to his ambitions. He faced the ugly task of discharging a number of his asso- ciates who had served efficiently and loyally. Musters Optimism. His first impulse was to refleet his disappointment in a glum, discouraged countenance. He was Inclined to have a funereal air, but suddenly he be- came introspective. He decided that he owed it to himself and to his col- leagues, who would share in the dis- appointment, to reveal optimism in the face of trouble. Before conveying the bad news to his subordinates he went to the barber shop and bought the complete line of proffered services. As he stepped from the chair he looked as though he had prepared for a triumphal march. He looked prosperous, and when he faced his staft he was able to impress them with his belief that the setback meant only another hurdle to be sur- mounted. Appearances, it is true, are shallow and superficial, but, in first meetings, it is difficult to get beyond the sur- face. An individual should look his best when seeking employment. He should not count on the fact that the prospective employer may find him to be a rough diamond. The time to look prosperous is when seeking a new business connection. Business is pursued for profit, and the pros- pective employer or associate wants to connect with men who seem to have the germs that make for success. They are not attracted to individuals, whatever their profound merits, who look down in the mouth, saddened and thwarted. Genuinely able men used each shift in their jobs as a steeping stone to something better. ‘When looking for work, the first thing to do is visit the barber and the tailor. They have a knack for mak. ing your services more marketable, if you are seeking executive or clerical work. Needless to say, these externals only help you to make the first eon. After that, than on outward appearances. In th future, employment methods are le: likely to be hit and miss. The large: corporations are already developing personnel departments to studs methods of picking workers. Som« are experimenting with intelligence tests, whereby the employer may com: to some estimate of the inner man as well as of hte outer appearance. Intelligence tests are still in ar early experimental stage. Meantime, most employers still u: rule o' thumb methods. Temperec optimism is contagious. On the other hand, defeatism operates in geometric ratios. The rest of the world will be quick to revise its egtimate of you downward, if you haVe lost faith in vourself. A wonderful assortment of fruits is ready for your inspection. In each of our stores you will find the choicest fruits, selected with care, and priced in moderation. Only the finest quality fruit in the soundest condition is good enough to offer you during this holiday season. While stocks are complete—the selection is best—come in before the last day rush and choose from complete stocks. OR ANGES Florida’s Choicest Quality Per Doz., 45c—or 2 Doz. for 85¢ Per Doz., 35c—or 3 Doz. for 12 Other sizes—larger and smaller than here quoted at attractive prices California Navel Oranges The fruit of high color so much desired for the holiday package Varying Sizes—Doz., 60c and 70c Tangerines Children are delighted when given this fruit. Get it for them Prices, Doz., 30c and 40c | Delicious Apples Truly the Christmas apple—there is none to excel. Have each apple served cold—a cold apple has all the thirst-satisfying quality of a cold drink. Finest West Coast Stock—Per Lb., 10c Florida Grapefruit What could be finer as a “tonic” than plenty of this citrus fruit during the season of much rich food. Grapefruit are now fine; you’ll enjoy them every morning. Large, Each, 10c; Also Medium, 3 for 25¢ | Finest Quality Cranberries Onievery CHEBIMAS Gable. .o cinivl semnidind ois visiaie o as irerais alsae Fancy Iceberg Lettuce See the fine heads displayed—then buy. Per head......... Choicest California Celer:y The best selected—perbunch.....cccoviviiiiiiiienenne D’Anjou Pears Surely must have pears in the fruit basket. All pears will soften to proper condition in your own pantry. Don’t try to use D’Anjou Pears until they have been permitted to soften to proper condition for'use. 2 Ibs,, 25¢ 2Lbs.250 4 Western Boxed Apples All varieties except Delicious are offered as follows: 4lbs.,25¢ Perbox, $2.45 Eastern Grown Stayman-Winesaps o 25¢ York Imperials 8 = 25¢ for Open Tomorrow Night Until 8:00—Friday Night Open Until 10:30 NEW CROP Jexss C ABBAGEPrerLb. 715¢ bage, per lb., 3¢