Evening Star Newspaper, September 27, 1927, Page 13

POULTRY RECEIPTS INMARKET LIGHT Few Good Eggs Reported. Higher Prices for Butter Rule, Wholesalers Say. wmd extra light de- ed of the condition market, the light de from the Hebrew hol Light,_ recelpis mands Were r of the poultry nd resultin Poultry prices any material extent the past few days, according reports of de and re- ceipts ‘e movir to the satisfaction of sellers and huyers s reaching t there is not reported this morning, dealers a vanced prices. Meat pi sout_the same as prices quoted the past few days, but the pork market was particularly strong, with a tendency toward higher prices. Moderate and liberal fruits and vegetable prices depens Today's Wholesale Prices. Butlor~ Fresh b, 49a50; store supplies of on quality. one-pound nacked, Spring chicke 19; ducks, 1842 old, 35. Dressed—Turkeys, 40a 4 chickens, 35a38; roosters, 18a20; ducks, 18a20; capons, fancy, ad0: smaller, 35; ducks, keo 90. illed—Beef, 18a20; a28; fresh hams ghoulders, 18; Live stock—Calves, dium, 1lalZ; thin, 8a9; Spring lambs 12 Fruit and Vegetable Review. Today's market report on fruits and vegelables, compiled by the Market News Service Bureau of Agricultural Economics, say Apples—Supplies demand good, market stead: Washing- ton, combination a fancy and fancy Winter Bananas, 3.00a3.25; bushel and and Vir- nch up Grimes, 2%-inch up Grimes, 1.26a 1.50, few fancy higher; U. No. 2, Jonathans, 23 inches up, 1.25; unclas- sified Delicious, ‘B. to 215 inches, 1.25a2.00; 3 inches, 2.00a: Cabbage—Supplies moderate; de- mand light, market dull: New York, barrels domestic round type, packed locally, few sales, 1.25; homegrown, barrels, 75a1.00. Cantaloupes — Supplies moderal demand limited, market firm; Colorado, standard crates Pink Meats, 1.25a1.35; honeydews, supplies moderate, de- liberal; | mand better Colorado, 8s and 9s mand light, market dnl standard crates 128, 1.5 demand York, Celery—Supplies moderate; moderate, market steady; New two-third ¢ 5, 2.dozen ates big Boston type, mostly around Colorado, crates iceberg type, 4-5- en fine quality and condition, to good quality and condition, a3.50; California, crates iceberg dozen. 3.0083. -Supplies light: demand fair, Indiana and Ohlo, 100 poiind micks yellow; U 8. No. 11758 00 Peaches-—Supplies od, market bushel-basket Eibert a2.50; white free; fair qn.n and small 4 liberal: - demand 1%, some xvl\c demand New Yor B 1..8. md Ovegon hoxed Bartletts, size, 3.50a3.65, few very large Mghrl'. Potatoes— mand fair, ma 1 and ipplies moderate; de- t about stendy Sweet potatoes | demand good, 1 condition of the but- | A 1d, Anne Arundel (mmv\ barrels, yellows, No. 1, « “clotia-top tern stock e, market aware, 12-quart climax bas: , Concords, 50a60, few high as 63: New York, 2-q climax b Concords and ) 18a20! T borted. | Plies of Western . market ahout ste ates, Flame T Tokays, 1.7 es. \|.||'xv: Tomatoes—Supplies moderate; de- market slightly stronge: homegrown, one-half-bushel hampers, ous varieties, 40250, aulifiower—Supplies moderate; and fair, market a Cuct llm‘lers—@llpphos \er} light; no early sale€ reported. St AUGUST SURPLUS GROWS. NEW YORK, September 27 (#).— he St. Louis-Southwestern (Cotton Belt) had August surplus of $217,577, inst $193,909 in August, 1926, and for the eight months this year $374.- 721, in contrast to $873.562 in the same period 1 vear. The Bangor & Aroostook had a deficit of $53,218 for August, but surplus of $730,167 for the eight months, against surplus of $442,099 for the corresponding 1926 period. POWER FIRMS TURN 10 NEW ENGLAND Amoskeag Offers Believed to Mean Dawn of New Indus- trial Era There. BY J. C. ROYLE. ;| Special Dispatch to The Star NEW YORK, September 27.—The new movement which is marked by the offers just made for the assets of the Amoskeag Co., one of the largest textile concerns in the country, may mean the dawn of a new and bi hl‘ | inqustrial day in New England. T | was the opinion expressed by textile and power men here today. It is un- derstood that if one or the other of 5 | the offers received for this great prop- rk Rus- | erty | site is accepted, the plant and power will be diveried to other uses than textile manufacture. The textile industry has been in a deep depression for some yvears. This has been especially noticeable in New England. Profits have not been main- tained at anything like former levels. Public demand has changed and com- petition from the South, Where chean or and satisfied labor are avail- has been of the keenest charac- Capacity Too Great. Various causes have been assigned for the failure of the New England textile mills to recover their lost round. A part of the blame is placed at the door of antiquated machinery and failure to follow modern trends of style. Inefficient management has had some of the fault laid at its door. But the main reason outlined by effi- ciency engineers is the fact that mill capacity, built for war-time needs, is far too great for peace-time consump- tive demand. Consequently & cutting down of this capacity, such as would take place through the closing of the Amoskeag plants, would tend to re- lieve the situation. Just who is back of the two offers l‘nr the Amoskeag plant still remains ystery, although the experts usu- nll.V regarded as “wise” to the utility movements seem convinced that the lnsull interests of Chicago and other pul\llc utility magnates are somehow connected with them. The latest bid of E. C. Carrington, who offered $90 a share for the Amos- keag stock, after redeeming the pre- ferred, and postponed a division of any remaining assets between his syn- dicate and the stockholders, did not HUGO WORCH 1110 G St. N.W. COMPLETE LINE 'COLUMBIA RECORDS Viva-Tonal Columbia Machines Your Old Machine Taken in Exchange FOR LEE MORSE AT THE METROPOLITAN THEATRE THIS WEEK Then Let Us Play Her Selections on COLUMBIA RECORDS YOU A. W. LAWSON & CO. 1222 G St.N.W. Hear Her in Person at Metropolitan Theater ouis and Co. The 7th and G Music Corner Headquarters for Lee Morse Records This Week . the lave produce any great mensation In tex- tile circles. It is regarded as better than the first offer, made by Curtie & Sanger, which was $90 a share, plus whatever the quick assets of the ccm pany would bring under liquidation. It is said neither offer is much better than the amount for which the stock- holders could iiquidate the company themselves. Stockholders will vote in October on the general proposal for liquidating the company. The Amoskeag Co. has splendid ater power resources at Manchester, 11, and the Insulls already 1 intevest im the Manchester Trac- tion, Light & Power Co. They have just acquired big power resources on the Kennebee River in Maine through purchase of the Edwards Manufac turing Co., another textile concern. Other Industries Prospering. Other industrles in New England prospering. The prosperity of the territory, as shown by savings bank deposits and volume of retail trade, I8 great. It may be possibl that this reduction in textile activit will be fully compensated for by ad- dition of new industries under the spur of cheap and reliable power. \e legislation prohibiting the export into the United States of power gen- erated in Canada may have had a bearing on the determination ot American interests to develop addl- tlonal power sources. Since some of the New England tex- tile mill shares are selling under the lquidating value of quick assets, it is not surprising that outside inter- sts should see in their water power a source of profit. It is pointed out that some of the New Bedford mills, at present prices, are selling for noth- ing so far as pl estate, and power sites are concerned. One such company is valued in the open market at about $1,200,000, yet it has net quick assets of $1,383524. Other instances could be cited where at the current prices for the stock plants are selling for nothing or at a discount. TEXTILE SALES HEAVY. v YORK, September 27 (#) Despite a 100 per cent increase in the price of raw cotton, sales of cotton textiles continue in_greater volume than last year, the New York Trust Co. reports. Production of cotton tex- tiles for the first seven months this year was 1,716,000,000 yards, against 1,505,000,000 yards in 1926. Sales were 1,919,000,000, against 1,484,000,000, and shipments 1,786,000,000, against 1,488,- 000,000 yards. Stocks on hand Au- gust 31 were 201,217,000 yards, than half the unfilled orders on that date. less Only Hay, Oats and Potatoes to Top 1926 Mark in Maryland BALTIMORE, September 27 (Spe- cial)—The State-wide crop average production will be somewhat smaller than last year, according to a_report compfled by John 8. Dennee, Federal agricultural statistician for Maryland, ‘According to Mr. Dennee's figures, the hay, oats and potato crops will b considerably above the average pro- duction, but the remainder of the crops are below the average for last year and the general average for the past 10 years. e corn crop, which has held an average of 22,845,000 bushels for the past' five years, will probably be 18,- 000,000 bushels’ this year. The grave crop will average a loss of at least 200 tons from last yes his flgures declare; peaches, 400,000 bushels less than last year; pears, less than one-half the number of bushels harvested last year, and apples, a mil- lion and a half bushels less than the figures for 1926, . Czechoslovakia now has 14,000,000 population, LEE MORSE Appearing at the Metropolitan MAY BE HEARD HERE ON COLUMBIA RECORDS Come in and hear other Columbia Records—especially— “Two Black Crows” Harry C. Grove, Inc. 523 11th St. N.W. “Standard” holds its body be- tween drainings—thus mini- mizes the danger of scored cyl- inders, wrist pin knocks and | the prcnum NEW YORK, September 27 (P).— Total operating revenue of the Chicago | & Northwestern Railway Co., for the month of August was $14,631,848, as compared with $14,265,271 for the same month last year. Total operat- ing expenses were $10,380,406, while thase of August last year were $10,- 50%,315. KERR LAKE MINES. NEW YORK, September 27 Net profit of Kerr Lake Mines, for the year ended August 31, up to. §1 ).~ Ltd., moved | equal to 23 cents a share, from $36,044 or 6 cents a share the year before. Kerr: Lake Mining | o, Ltd, had net loss of $24,16 the year against net loss of $35,376 | 2 mon 3 EARNINGS SHOW INCREASE. NEW YORK, September 27 (#).-— United Dyewood Corporation, a hold- | ing company, earned $2.72 a share on | the preferred in the first half of 1927 | against $1.07 a share in the same period of 1 income having risen to $107.396 from $42,557. | | | | = | LEE MORSE Nationally Famous Columbia Record Artist At the Metropolitan Theater This Week Then Get Her Columbia Records From the Nearest Dealer badly worn bearings “Standard” and your car will You are The resale value of your car is more apt to be satis factory if you lubricate it with “Standard” Motor Oil Y Stick to bring you a better price when ready to sell it. “STANDARD” OTOR The Measure of Oil STANDARD OIL Value