Evening Star Newspaper, June 10, 1927, Page 12

NG STAR, WASHINGTON, D. THE EVEN C, FRIDAY, JUNE 10, 1927. BAKER HOLDINGS LARGE. GETS CAMBRIDGE BONDS. WILL RESUME OUTPUT. NEW YORK, June 10 (#).—Hudson Florida, Tom Watsons, 2428 pound Rveramen ED R D WEATHER HAS HURT NEW YORK, June 10 UP).—George| BALTIMORE, June 10 (Special).— o AL i et Al ] PRODUCT | F. Baker, banker, was the largest|c T, Williams & Co. of Baltimore | Motor will resume production Mon- g “String U.S.FAR S| stockholder of the Delnware, Lacka:| o * K T ers for the |day, starting with 850 cars daily on String beans—Supplles light; de- Wes & Tth 81,900 Nortt ank & Western in 1916, v 5 S the Essex and increasing 100 daily e iares, and George F. Baker, Jr., was | Issue of $50,000 Cambridge (Md.) 4% | the Easex and, inteese C8 B oy R mand limited, market dull; Carolina, bushel hampers, green, % #Hih 80,000 shares. Harold S. 3 b Amper ) 2 s oo |sec 3 ares. ent 25-year bonds. The price for Hudson will round and flat stringless, mostly | Growe andicapped by Climatic| Soimo '} = Bitrmal b oo The new schedule for Hu IN MA KET TDDAY around 8,50, few higher. Growers Hi Ppec= by Y s had | or a 4.15 per cent basis. | pe 300 daily. holdi 23,001 Holdings | The bonds have been resold privately. g bt Peas—Homegrowns mostly supply- Conditions in Many Impor- . e holdings of 128,000 shares. - i STOCK INCREASE 0. K.'D. ing the market. . of the Baker and Vanderbilt families | T —_— tant Sections. approximated about 17 per cent. inning "] NEW YORK, June 10 UP.—An fn. NEW YORK MARKETS. crense In capital stock of Happiness v Sl o e — Candy Stores, Inc., from 1,067,000, no R s e, BTl "ot par value, at 1,500,000, has been ap- o i : NEW OFFERINGS LARGE. proved by stockholders. The found- have handicapped farming in man May 10 (#).—Bond | ers’ and class * stocks will be con- SR | the - s Ly aggregated | solidated into one class, on a share Continued rains and tnclement | Hoiamor: c s egregated | olidated, inte one o8 o share weathet have de basis COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY LIVE STOGK SAVIOR OFFARNERINL.S. Grain Sold in Form of Fat- tened Cattle Shows Good Profit. BOSTON, June 10.—The Wood Worsted Mill of the American Woolen Co. will not suspend operations this year for the vacation period as has been the custom. ATLANTA.—Twenty-three carloads of Georgia watermelons, the. first of the 1927 crop, are on their way to January, 1 iy s bidder:; ZINC STOCKS GAIN. climatic conditions W YORK, June 10 (P). | of zinec on May 31 were 42,046 (un.?, Big Influx Over Week End Spurs Trade in Food- D Kireen cumlmmméts unch the pea stuffs in Capital. Stend, x5 . is reached some weeks hence. The N 1. £ expor first shipments brought $300 a car. Barley firm; maiting, 46 pounds, 1.00% morning getting_supplies for their | ATt MITAIC West, 13.002 -10. Other week-end trade. Buying was m,.m-i‘“ icles unchanged. . its June crop rep: more brisk becuse of the immernsc crowd of strangers expected here to- morrow, when traffic conditions may I T. & T. EARNINGS. of approximately mean annoying delays in reaching and | NEW YORK, June 10 (®).—Inter-| probable production of Winter wh leaving market. | national Telephone & Telegraph Cor-| Only 25 to 50 per cent of the plantin Increased buying for the taking | poration reports met income of $2,742,- | of corn have been made in many dis- | 597 for the first quarter, equal to| tricts where a share on 92 shares out-| 7y care of the vis ed. Hotels and thousands of the one-da tors will | standing, including shares to be is-|sippi Valley care of the prospective increase. i Iiatige, for] Asposited stock | oo the Soutnwest and Fioridd aleo'pre: Dealers had ample supplie | 2 Cablen njcelsau O D mestthe e | matic_handicaps the agricultural outlook, according to the department The weather conditions of the next mands. Meat, poultry, butter and eg; - week or ten days, the department Stocks | roduction Ma ¢ 96 nea ¢ d wheat and corn 0. 'ent stock. planting, the Department of Agricul- tute has been informed, in many im portant sections L BY J. C. ROYLE. Bpecial Dispatch to The Star, NEW YORK, June 10.—The live|quarter are running behind those of stock on the farm has pulled the|the first quarter, but it is belicved _ 1| carnings for the period will compare farmer out of the slough ever since | gauorir (00 PG BT Se Quarter. agriculture began, and will continue |The company anticipates increased to do so this year. Much of the |buying from railr money which will flow into farmers’ pockets, and through them into the channels of retail trade, will come from cattle, sheep and hogs. ating call for the production of 3,000 Spring weather has been unfavora- |cars this month. = The Continental ble for field crops. Excessive rains|Motors Corporation schedules call for delayed field work in the North, while | 29,965 motors this month. ! the frosts and wet Spring hurt Win- P e i vhee 3 . BATON ROUGE.—Louisiana _has ter wheat in the Southwest. But | iFONe, 00000 T T eo s taxes prices now being paid for cattle, hogs [ 0N 0 : and sheep continue at a level which | QUFINE the first eight months in which insures the farmer a profitable ve. | the law imposing a 10 per cent tax on tur vt i table Fo lall kinds of tobacco has been oper- jurn, despite increased prices £Or|agjve, The revenuo for the first year The income of the American farm. |iS expected to exceed §1,.500,000. This , er, outside of that derived from live | 50°8 for educational purposes. stock, dropped a billion dollars in e 1926 from the 1925 total. This is; AWARDED BOND ISSUES. double the sum lost through flood s damage this year. Without live stock | BALTIMORE, June 10 (Special). revenue the farms of this country [—The Baltimore Trust Co. was last year averaged only §1 With rded the five issues of State of live - stock and dairy products the|Maryland 41, per cent bonds, to- average was more than 500. In 210,000. Their five bids DETROIT.—The schedules under which the Paige Detroit Co. is oper- flooded condition of the M 3 and the extreme drought = Surplus on and fruit and vegetable dealers had | 213,117. atiractive displays of commodities, ihzta and retailers experienced no difficulty getting what they needed. PRICES ON PARIS BOURSE. Prices were substantially the same | PARIS, June 10 (#).—Prices were as prices quoted yesterd: irregular on the Bourse today. Three i ale Wilc per cent rentes, 58 francs 10 centi Today’s Wholesale Prices. liange on ‘Londen, 124 f Butter—Fresh, 1-pound print centimes. Five per cent I 7 45%; tub, 43 francs 40 centimes. The dollar was Eggs—Fresh quoted at 25 centimes. GETS ENGINE ORDERS. NEW YORK, June 10 (#).—Bald- win Locomotive has orders for eight engines from the Lehigh and New said, will be of paramount influence on many of the crops. GAIN IS SMALLER. Western Maryland Earnings Bet-| ter in May Last Year. BALTIMORE, June 10 (Special).— | P The gain_in gross earni of the| Western Mar: ; for May | was the smallest reported for a long time, but the fact that it bettered the i for the corresponding month GINGER ALE A.G.HERRMANN, 'WASHINGTON, D.C. and two heavy Towa gross income from grain as such ¢ the $1,375,000 road bonds, was $103,000,000, while income from live stock was $617,103,000, according to the figures of Jowa State College. Margins on Cattle. 3 Margins of §4 to §6 a hundred pounds on beef cattle are not infre quent today. This means that there i3 a difference of $50 to $75 between the price paid for-a thin steer and that for a fattened one. Hog and Jamb prices also are at profitable ! levels. Corn stocks on farms are | much smaller than a year ago, and corn futures now are above the dol- lar mark. This may tend to advance live stock prices before it materially ! lessens the margin of profit. There is small doubt that the live stock College bonds, 104.28! 000, Washington College bonds, 104.- Maryland Colleg land quarterly dividends of 1% per cent on the 6 per cent prior lien and 6 per cent class “A” preferred stocks, also regular quarterly dividends of 1% per cent on the 7 per cent prior lien and “A" preferred, all_payable July 6, to holders of record June 22. for the $500,000 bridge bonds, for the $110,000 St. John's for the $100,- 000 Western 9, and for the § INITIAL DIVIDENDS. NEW YORK, June 10 (). Utilities Co. declared Mid- initial producer has weathered the storms of agricultural adversity better than any one else. of an equal poundage, while lard There is great irregularity in the |stocks are 6,000,000 pounds smaller. Winter wheat yield of the Southwest, as is being shown now in harvestine, Lamb and mutton show a loss of a70; old, 0. Meat, fresh killed—Beef, 18a19; v 18a20; lamb, fresh ham: shoulder: loins, Fruit and Vegetable Review. vegetables, compiled by the Ma News Ser Economics, says: Cantaloupes — Supplies demand fair, market about st California, Imperial Valley, S 4, 1.5Dal.75. Lettuce — Homegrowns smoked shoulder: Today’s market report on fruits and t ce Bureau of Agricultural moderate, d supplying England Railroad freight locomotives from the Chi and Illinois Midland. CONSTRUCTION HEAVY. NEW YORK, June 10 (®).—The to- tal volume of heavy construction operations proposed throughout the country since the first of the year is virtually as high as the same period of 1926, says the McGraw-Hill The total at ,300,000, against $2,- alue of large construc tion projects the last week was §67,- 035,000. puitone Pullets that are forced too fast and start laying when four or five months 1 e old are inclined to be small and layiLi\oryn today or 5 per cent. MARKET IS CLOSED. LIVERPOOL, ool cotton market will be closed and tomorrow. year to May 31 estimated 31 ring the falling off in whole, is regard- against $1,74 month last Jama v 1 to Ma June 10 (#).—The There are no mysteries in Tiger, The flavor is nat- ural; the tell-tale tang is real a Ginger—and it bubbles over with refreshing sparkle. Ginger Ale. A. G. Herrmann If you are particular of what you drink—you’ll insist on Tiger Ginger Ale—because it's sure to be pure—and is always the same —THE BEST. , Sold and served at the best stores = Member American Boitlers of Carbonated Beverages 750-754 10th S.E. 1,000,000 pounds. Poultry, on the other hand, is 15,000,000 pounds heavier n the average, while eggs show a ain of over 100 per cent and cheese - {an increase .f 12,000,000 pounds. Some fields are producing high vields while in others the heads are st than usual. The Kansas crop is mated at around 140,000,000 to 15 000,000 bushels, Further deterioration | Farm experts are laying stres. on is reported in some parts of Texas and [the value of animal 'fertilizer and Oklahoma, and complaints are coming | chemical soil food, declaring that the D from Missouri and Nebraska worry over vears of plenty and years | eral; demand moderate, market weak. The Canadian provinces have mnot [of famine has been eliminated because | er; Virginia, Norfolk section, and seeded as great an acreage as expect- |adversity in -veather can be minimized [ North Carolina, cloth-top stave and ed. In the Northwest the farmers |by use of commercial plant food. slat-barrel cobblers, \ have been in the fields day and night der our present system of un- 1. mostly 8.00, some trying to make up tim This has jcontrolled and dumping methods of | old stock, supplies light; no sales re- given tractor sales a terrific impetus. | marketing,” said Charles J. Brand, [ ported. There is still a chance for a big corn | secretary of the National Fertilizer | Strawberries—Homegrowns supply- ., but planting was seriously ds- | Association, “years of plentv for the ing the market. layed in some of the corn belt States. |consumer are likely to be years of 2 1t 1+ still 100 early to be c:ther pessi- |famine for the farmer. All industries Tomisto Market Stexdy. ‘mistic or optimistic on this crop. In|which do business with the farmer| Tomatoes—Supplies moderate; most farm products outside the field |want to see something done for him | mand fair, market about stead crops, stocks today are smaller than |which will give him his proper share | sissippi, fours, ripes and turning, wrap- the five-vear average, which indicates |of the national income.” ped, U. S. No. 1, 1.20a1.35; fair qual- sharp demand and strong prices. Beef | Many farm economists say this can | ity_and condition, low as 1.00. stocks are mearly 7,000,000 pounds |be accomplished by diversified farm-| ~Watermelons—Supplies moderat: under the average. Pork shows a loss |in: and by the raising of live stock. demand moderate, market stea the market. Onions — Supplies _ light: demand good, market firm; California, stand- ard crates, yellow Bermudas, United States No. 1, 3.25 Potatoes—New stock, supplies 1ib- 7724 Welcome Lindbergh! ASHINGTON is honored by the op- portunity of welcoming you back to your native land. We take off our hats to one of the most gal- lant exploits in history. Every man, woman and child in the old U. S. A. is proud of you! Tomorrow A.M., Ladies! COME and profit by this tre- mendous savings event. Summer-weight Oxfords for Men ORLD-BEATERS, too, are these Hahn Shoe Leaders for Men. Now in cool, light, flexible Summer weights so much lighter, airier, easier on feet in Summer heat. ment can there be to commemorate a great deed or a heroic man?’ Every day for almost twenty years’ the two famous Pennsylvania trains “The St. Louisan” and ‘‘The New Yorker’ havespeeded over thebroad steel highway that links together the business and social life of the ““49th State’ and the great South- West with the Atlantic seaboard., These trains eastbound and west- bound will henceforth seek more effectively than ever to express the “‘Spirit of St. Louis.” It is thus that the Pennsylvania Rail-: road wishes to make its contribution to theperpetuationof thememory of Charles Lindbergh and the new chapter he has written in the history of transportation. In commemoration of one of the most gallant adventures in history, The “Spiri€ of St. Louls®® WESTBOUND Lv. Washington] 2:15 P.M. Ar. Indianapolis 7:57 A.M. Ar. St. Louis 1:35 P.M. EASTBOUND Lv. St. Louis 12:02 P.M. Lv. Indianapolis 5:40 P.M. Ar. Washington 12:45 P.M. (Standard Time) i We were compelled to take this big loss on account of backward weather. But the full Summer season, in which to wear these shoes, has just started. Come! Sales Novelty Colored Shoes for Girls At an average savings of half price, many exclusive young folks’ shoes reduced in these three groups. In- cluding smart ti and strap effects—heige, parch- ment and cherry patent calf, and other materials. $1.95 $2.45 $3.45 All sizes for misses and junior women. At all our stores except F St. Sacrifice Sale Colored Kid Shoes Offering a large part of our mag- nificent Summer stocks in Blonde, Parchment, Water Lily, Gray and other lovely colored kid shoes. At our F St. Shop— exquisite novelties re- ducesg frogn $10, $12.50, $13.50, 1450 and SIS0 i (,_,S'fl?a,f" ',',’f"'d;i’s“ BB 681 i oristores Sh LR G inappreciationof thespiritandfaith e S"‘s(zaf $ fords. of the great city which made it SER A el ible, two famous Pennsylvania 50 and §1 : . possible, gduce?in tosi . mm' -”o"hmm” $10 0 $12 trains,“The St. Louisan’’ and ‘“The - 9, Atsdnr 7St 19ih Tri-Wears, $7 and $8 New“Yox.'ker, * have be'en"renamed St. and Pa. Ave. stores Hahn Specials, $5 and $6 the “‘Spirit of St. Louis. only — many $4.50, % *ik * fz;isgc:; d‘o$§.50 ga HIGHWAY which becomes a main artery in a city’s life—a public library around which the lives of thousands grow richer—a public square which becomes the playground of the masses— Something that is constantly in the minds of the people because it plays an important part in their lives—what more effective monu- PENNSYLVANIA RAIEROAD Carries more passengers, hauls more freight % g b than any other railroad in America 7th& K 414 9th 1914-16 Pa. Ave. 3212 14th 233 Pa. Ave. S.E. “Women’s Shop”—1207 F “Man’s Shop”—14th at G B bt T s