Evening Star Newspaper, August 1, 1927, Page 12

RAINS GREAT AID " TO NEARBY CROPS :: Business Is Slow in Market | Today—Prices Expected to Be Lower. Dealers in the peclally those dealing in vegetables, this morning expressed the belief tha rains Saturday and last night ha peared in time to prevent complete ruin of vegetables in nearby Mary- | land, Virginia and truck gardens in the District. Recent dry weather had played havoc | with growing vegetables, according to reports received by the dealers. To- matoes already had been hard hit cording to reports, and prices boosted, but it is now deemed probable that cheaper prices will prevail before the | 1 close of the week Dealers foodstu ing. Business was not particularly | brisk, however, about normal for Mon- > ntially the | Butter— 1-pound prints, 43a | tub, 242] store packed, 29. | Poultry, alive—'] S S ; toms, 25; fowls ens, large, I medium, 21a25; small, 23 , rooster 5a16. ducks, 15 keats, young, 6 L2 ; | Dressed- , 304 | Live stock—Calves, choice, dium, 10all; thin, 7a8; Spring 13a13%3. Frult and Vegetable Review. Today’s market report on fruits and vegetable compiled by the Market News Service Bureau of Agricultural Cantaloupes—Supplies heavy; de-] mand poor, market weak; North Caro- section, imon tints, standards, , 1.50a 1.75a2.00, few early zona, pink meats, stand: and 15s, 1.00; jumbo fla 6s and | les higher; i d flats, 12s | | | Lettuce—Supplies of Eastern stock light; demand better, market stronger; New York, 2-dozen crates, Big Boston type, 2.00; few highe applies of Western stock light; demand good, market about steady; California, crates Iceberg type, 4-5 dozen, 5.00a5.50. Onions—Supplies light; demand light, | t Shore Virginia, | lows, 1.50, few Peaches — Supplies moderate; de- mand good, market firm; North | lina, very large size, bushel baskets, | Elbertas, 4.00; some fair condition, low | 3.00; bushel baskets, Belles, 3.50a gher; ripe, soft, low as Virginia, bushel baskets, Car- mans, large to very large 2.00a 2.75, according to conditio ‘baskets, Hileys, medium size, 3.00. Potatoes About Steady. Potatoes—Supplies liberal; demand Jight, market about steady: Virginia, Fast Cobblers, U 1, 3 ginia, Norfolk section, cloth-top and slat barrels, Cobblers, U. S fair_condition, 2.75; best, 3. Watermelo @emand hetter, market stronger, especially on good carlot sales, South Carolina, bulk, per Pl 4 0; 22-pound aver- age, fair condition, Tomatoes—Supplies heavy; demand | poor, market weak; homegrown, l:-| hel hampers, various varieties, 50a | mostly around 50. | Sweet potatoes—Supplies light; de-| mand Jight, market dull; Tennessee, bushel hampers, Nancy Malls, No. 1, 2.00. | Apples—Supplies very light; no e: #ales d. ¢ RUBBER RESTRICTION. | British Colonial Office Fixes Ex-|. ports at 60 Pct. at Lowest Duty. LONDON, August 1 (#).—The co- fonial office announces that for the quarter beginninz August 1. 60 per| cent of tke rubber exported from Ce lor and Malaya will bear the min mum rate of duty under, the rubber restriction schem: Under the Stevensop rubber restric- #on scheme operated by the British government the average price of rul ber in London determines what pe centage of the rubber exported fro rubber-growing colonies will enjoy the minimum rates, ~ The percentage is fizured on the av- erage price of rubber for a three- wmonth period, the object heing to have the duties act 10 re e rubber pro. dv~jon to ma n price NEW YORK MARKETS. NEW YORK, August 1 (®).—Flour | steady; Spring pater ; soft | Winter straights, 6.1526.50; Vin- | ter straight, 7.00 barely | steady; malting, f. New York. | Pork firm; me: -00; family, 36.00a | Lard firm: Middle West, 12.70 | . Tallow steady; special loose, Ti5; ext 4. Domestic wheat opened seady; September, 1.39%; May, 1421 bid. PACIFIC MILLS PROFIT. © NEW YORK, August 1 (#).— t in- ®ome of $709,066 for the first six months, after charges but before taxes, was reported by Pacific Mills, egainst $277,594 in the first half of 1926, UTILITIES REPORT. NEW YORK, August 1 (#).—Inter- state Public Service Co. reports sec- ond quarter net income of $377,503, and Central Illinols Public Service Co.’s met income in the same period was $457,994. e wILL GET LEASE. NEW YORK, August 1 (®).—Under a contract between the Columbi dicate and South American Gulf Oil Co., guaranteed by Gulf Oil Corpora- tion of Pennsyiva St is understood that Guif Oil will ke control of a 700,000 acres of privately owned Venezuelan lands in Colombia, paving the Colombia Syndicate a spe- cified cash amount. The contract is subject to ratification by Colombia Syndicate stockholders, Jease on SPRING LINES OPENED. NEW YORK, August 1 ().—Open dng of Spring lines to the trade was announced today by the American Woolen Co. Quotations on all lines were at practically the level as those in force six months ago. ——e GULF COAST LINES. NEW YORK, August 1 (® fncome of Gulf Coast Lines for the first six months increased to $X,185, 337 from $8,141,301 in the same half of last vear, hut June x jropped Gross local markets, es- | mple supplies of all | {1 r retailers this morn- | ton consumption in the last 11 bushel | s ® | equally effective. .| ing some mere _, I Commodity News BOSTON, August 1.—Tobacco acre- e in New England is pstimated at , compared with 28400 6. The principal gain was | in shade grown tobacco. This crop [ has made good progress in late weeks. | MINNEAPOLIS.—The 10,000 lakes of Minnesota are popular with tourists lfm' the fishing, and the reason they have fish Is shown in a_report just | 15w here were 400,774,800 infant ted in the lakes in the last —Miils of the | week report_orders firopped t to 41874000 feet. Thes 59 per were outhern Pine Association in the last | THE EVENING STAR, WASHINGTON, D. €. MONDAY. A The Semi-A 5,195,000 feet shipped and 45,415,000 | Total unfilled orders are SACRAME reury has resulted in the reopen- ing of some the old quicksilver | mines in Napa and Sonoma Countles. "he famous Knoxviile mine has been | =old and will be rcopened by the new | owners. ATLANTA —Textile men here say the swing of textile manufacturing to the South has attained a nentum. They declare the States themselves accounted f n twosthirds of the dome: PHILAT cargoes of ¢ PHIA —Several from Si are expeced hel xt few weeks for distribution 10 interior consumer CROPS ARE BETTER INU.S. NORTHWEST What Farmers Will Do With| Increased Income Prob- lems in That Section. BY J. C. ROYLE. Special Dispatch to The Star. EW YORK, August 1.—The hary- esting of Winter wheat will get fully under way' in the Northwest this week. ‘The eight m railroads of the Northwest have assembled 50,000 cars on reserve tracks to carry the bumper small grain crop to market. This action shows beyond any ques. tion that 2, vastly increased grain crop pected. e being broadeast from some s for farm help and this need is imminent since the first of the Winter wheat already has arrived at the Twin Cities. J. C. Reid, president of the Minne: arm Bureau Fed- eration, alread: conferring with sure an adequate nply of car: e conferenc e beir d in by me 5 kers and shippers who are anxious-for an orderly crop movement. Some Not Satisfied. Despite the high vield, it is being thoroughly borne in on merchants and that the framers of some They still look to Federal authorities and Congress for relief from some of the problems which confront them. They apparently are not stent on the Mc -Haugen bill, but they ant some legislation which will be Knowledge of this fecling is caus- ants to wonder with considerable anxiety whether this dis- sfaction will take the form of ‘r fusal to buy. The latest figures based on formal estimates of yields and prices indicate there will be an i of $160,000,000 in the revenue which Minnesota, North and South | Dakota and Montana will obtain from small grains. Ralph Budd, president of the Great Northern Railroad, who has made a_thorough survey along the lines of his road, is not satistied rable weather | n of the corn needs but a , are respon and the present crop, which experts s week more hot weath sible for his statement. There has been some quickening retail trade in the territory, and whol 3 but in the manu- facturing and_industrial sections of the country. But what the sentimen- hological effect of condi- be is stlil unknown, Nobody Wants a Boom. If sentiment turns favorable, farm building should be resumed, with a consequent effort on material markets, So should purchases of farm equip- ment. Nobody expects or wants a boom in the territory. What th want is re-establishment of farm val- ues on a sound basis. Sentiment must raturally have considerable to do with this, 1t should not be overlooked that Canada is as favorably situated in re- gard to grain yield as the States of this side of the line. The Dominion is even more favorably located so far as the export situation is concerned. After all, it is the surplus grain sold largely in Liverpool which dominates prices which must be accepted for in in the markets of the United Iroad earni Northwest ave not heen satisfactory so year. The totals for the first six months have compared unfavorably painted. what the farmer feels, ransport his grain, and ‘the i sed tonnage resulting ed crop is sure to add | d earnings, TOBACCO PRICES CLIMB. Receipts and Sales of Maryland Product Show Gain in Week. BALTIMORE, August 1 (Spectal).— The Maryland leaf’ tobacco market Wwas very active last week, with prices advancing, to the highest of the year and both receipts and sales showing increages over the previous week. Re. ceipts totaled 2,149 hogsheads, com. pared with 1,741 hogsheads the pre vious week, while sales amounted to 1,981 hogsheads, against 1,430 hcgs. heads, leaving a stock in State to- baceo warehouses of 10,677 hogsheads. Quotations today for leat tobacco per 100 pounds: Inferior, 5.00 to 8.00; frosted, 3.00 to 4.00; sound common and greenish, 9.00 to 16.00; good com- 00 1o 30.00; medium, 31.06 to 0d to fine red, 41.00 to £5.50; , good to upper country, air 3.00 to 25.00; ground leaves nominal, JUNE GROSS GAINS. NEW YORK, August 1 (#).—Inter- natioral Great Northern reports six months’ gross income of $8,974,749 and June gross of $1,342,967, compared with $8,141,301 and $1,293,987, respec- tively, in the corresponding periods of last year. \ g ENGINEERS’ PUBLIC SERVICE. The high price of | i | Beginn 0 UGUST 1, '1927. 94 Suits That Were $50 185 Suits That Were $45 191 Suits That Were $40 103 Suits That Were $35 Many With Two Pairs of Trousers Many With Extra Knickers Sheldon values in suits of year-round weight—bound to strike a re- sponsive chord in men of foresight. We've purchased the entire sur- plus stock of the makers of Sheldon clothes at a tremendous mid-sea- son concession: That’s why our semi-annual sale takes on added sig- nificance: That’s why men are going to buy two and three suits with- out batting an eye-lash! Just a reminder of the Sheldon fine points: All suits irreproachably styled and hand tailored by one of the foremost cloth- ing makers of America. Finest imported and do- mestic fabrics, including finished and unfinished worsteds, beautiful chev- iots, cassimeres, tweeds and flannels. High shades in greys, tans, blues and browns. Dark shades, too. Solid colors, stripes, plaids, checks, clever mixtures. Single or double-breast- ed. 2 or 3 button. Easy fitting college types; semi- fitted models, staple styles. Complete size range for all builds—33 to 50. No charge for alterations. Extra salesmen to help you —promptly. « (Second Floor Men's Shop, Direct Elevator Service.) ing the Sémi-Annua_l Sale MANHATTAN SHIRTS AND PAJAMAS Our entire stock—one of the largest in the City—of the far-famed Manhattan Brand of Shirts and Pajamas in a great companion sale begin- ning tomorrow. Garments too widely known to require detailed description Manhattan Shirts '$2.50 Shirts, Now . $3.00 Shirts, Now. $3.50 Shirts, Now. $4.00 Shirts, Now. $5.00 Shirts, Now. . .... $6.00-56.50 Shirts, Now. $10.50 Shirts, Now. . ... NEW YORK, August 1 (#).—June consolidated profit of Engineers’ Pub- to $1,017,765 from §1.203 in June A o ice Co. increased to $684,300, $527,300 in June, 1826, Pajamas $2.50 Pajamas, Now. $3.00 Pajamas, Now. $3.50 Pajamas, Now. $4.00 Pajamas, Now. $5.00 Pajamas, Now. $6.00 Pajamas, Now. $7.50 Pajamas, Now . . $10.00 Pajamas, Now. ..$1.85 .$2.25 -$2.65 ...$4.65 ...$8.35 (Main Floor.) THE HECHT C ..$1.85 ..$2.25 ..$2.65 ..$3.00 ..$3.65 ..$4.65 ..85.85 ..$7.85 (Main Floor.) Off ~F STREFT