Evening Star Newspaper, October 25, 1927, Page 12

12 BUSINESS IN MEAT BRISK AT MARKET Demand Is for Choicest Cuts and Kinds—Butter and Eggs Remain Firm. * Business in the meat market this morning was fairly brisk, showing a decided improvement over the volume of business done durinz the heated term. It was reported about normal for early Fall trade. Dealers reported the greatest de mand was for choicest meats, there being very little demand for réugh meats. Prices have not changed to any material extent the past few days, the principal change being a slight a’_ance in the price of veal Increased demands for pork and pork products will come as soon as cold weather for poultry ase. A continued firm condition of the butter and egg market was reported, and dealers expressed the opinion that neither branch of the market is show- ing signs of weakening. | Today’s Wholesale Prices. current receip alive—Turke; and the demand £ berg type, four dozen, 3.00a3.25, few higher. Onions—Supplies moderate; demand light, market dull; Michigan, 100- pound sacks, Yellows U. S. No. 1, large size, 1.90a2.00; New York, 100- pound sacks, Yellows U. S. No. 1, me- dium to large size, mostly 1.75. Pears—Supplies light; demand light, market _steady; New York, No. 1, bushel baskets, Bartletts, few sales, 3.00; bushel baskets, Seckels, 3.00a 3.25] Washington, boxes, Anjous, ex- tra fancy, medium to large size, 4.25. Potatoes—Supplies liberal; demand moderate, market steady; Michigan, 150-pound_sacks, Russet Rurals, Us S. Neo. 1 3.50; Minnesota, 120-pound cks, round whites, U. 8. No. 1, 2.65a : Pennsylvania, 150-pound sacks, round whites, U. 8. No. 1 ; Maine, 1 Mountains. —Supplies_ moderate: . market firm; East- nd, cloth-top barrels, vellows, No. 1, 2.25; few higher; bushel hampers, vellows, No. 1, 1.00a1.25; North_Carolina, cloth-top barrels, vel- lows, No. 1, 2.00a2.25; bushel baskets, yellows, mostly around 1.00. Tomatoes—Supplies limited; de- mand moderate, market steady; home- grown, 13-bushel hampers, various 50; Ohio, 10-pound stock, medium size, Sweet Potato demand moder: ern Shore Mar erate, market firm; California, 45- pound crates, 7.50. String Beans—Supplies light; de- mand light, market dull; North Caro- lina, bushel hampers, green, few sales, pe ‘WOOL SALES LARGER. BOSTON, October 27 (Special).— 242 I , 25a 8a20; c: smaller, Meat Beef, fresh shoulders, smoked shoul- lard, 15a smoked hams, ders, 18; strip bacon 151 calves, 15; lambs, 13. Fruit and Vegetable Review. Today’s merket report on fruits and vegetables, compiled by the Market News Service Bureau of Agricultural Economics, sa: Apples—Demand ligh market steady; boxes, Washington, mgdium to large size, extra fancy, Delicious, 4.00 24.25; mostly, 4.00; Delicious, 2 y fancy <, Penn- sylvania, assified Grimes, 21 inches up russeted, few sales, Virginia, U..S. No. Grimes, inches up, 2121 inches, Romes, 215 Cabbage—Supplies ~ moderate; de- mand light, market steady; New York, bulk per ton, Danish type, féw sales, ‘fanc: few higher. Celery—Supplies liberal: ~ demand moderate, market stead: ew York 2-3 crates, best mostly, 2.25; fair qual ity and condition to ordinary quality and condition, 1.7542.00. Grapes—Supplies of Eastern stock moderate; demand moderate, market firm; New York, 2-dozen crates, Con- cords, 17al18; 12-quart, climax baskets, Concords, ; Michigan, 12-quart, cli- max baskets, Concords, ordinary condi- tiou, 60; supplies of Western stock moderate; demand moderate, market dull; California, lugs, Flame Tokays, 1.50; crates, Flame Tokays, 1.25al. Lettuce—Supplies of Eastern Hght; demand light, market dul Jersey, two-dozen crates, Big Boston type, mostly 1.00; supplies of Western stock moderate; demand moderate, market steady; California, crates, Ice- éaz‘com) | today Territory wools were in better demand in the Boston wool market, rger sales of medium grades reported. The fleece wool market spotty, with prices firm. Fine tory was quoted today at l.12a 15 clean basis, French combing at 0321.08, half blood 1.05, three shths blood 9 nd quarter lood at Sia “ine Ohio grade ceces were quoted at 46ad7, grease b half blood at 46a47, three- cighths blood at 46a47, and quarter blood at 46a48. with! ALLIS-CHALMERS \PROFIT. NEW YORK, October 25 (P).—Net profit of Allis-Chalmers Manufactur- ing Co. for nine months this year was $2,458,859, equal to $7.28 a share on the common, against $2,580,220, or $6.65 a share, in the same period of 1926. Un- filled orders September 30 were $11,- 182.568. The preferred stock was re- tired on July 11. e e STOCK ISSUE SOLD. NEW YORK, October 25 (#).—An issue of $15,000,000 Hershey Choco- late Corporation 6 per cent cumula- tive prior preference stock, offered at $99 a shave, has been sold. RUBBER IS STEADY. NEW YORK, October 25 (Special).— Crude rubber, smoked ribbed sheets, remained unchanged at today’s noon quotation of 34%. This compares with 33% a month ago and 43 a year ago. o EARNINGS SHOW GAIN. NEW YORK, October 25 (#).— General Refractories Co. earned $5.32 a share in nine months of 1927, against $3.83 a share in the same period of 1926. TEXAS GULF SULPHUE. NEW YORK, October 25 (#).— Texas Gulf Sulphur earned $3.56 a ghare in nine months of 1927, against ) 8 in the corresponding 1926 period. GASOLINE QUICK as a flash the uniform quality of That Good Gulf Gasoline asserts itself by its ready response to the ac- celerator~-power of steady regularity is gen- erated at the rise of each piston-~such quality can be given to any product only by a wealth THE EVENING STAR., WASHINGTON, MACHINES CUTTING FARMERS' EXPENGE $30,000,000 Estimated Sav- ing in Tilling and Harvest- ing the 1927 Crops. BY J. C. ROYLE. Special Dispateh to The Star. NEW YORK, October American farmer saved $30,000,000 in labor in the last year. This whitthng down of agricultural eosts has come about through the use of new labor- saving equipment, according to C. D. Kinsman, formerly connected with the Department of Agriculture and a member of the American Society of Agricultural Engineers, who has just completed a_survey of the harvest fields of the United States and Canax The farmers got along with far fewer “hired hands” than ever before during the harvest season, and this is the highest priced labor he has to hire. Mr. Kinsman bases his estimate of the saving to farmers on the basis of the output of equipment manufac- turers, reports from dealers in all sec- tions of the country, and a close in- vestigation of the small-grain harvest- ing methods in the great wheat-grow- ing areas. Use of Combines. The most apparent change reported was in the use of “combines,” as the combined harvester-thrashers are called. The use of this type of equip- ment has heen growing steadily. It is conservatively estimated that there were from 43,000 to 45,000 combines in use in the western sections of the United States and Canada in the past season. Fach machine, it is held, elimigated three high priced itinerant farm workers, or a total of well over 130,000 men. “Those men,” said Mr. Kinsmen today, ‘“not only drew high wage: but requested and insisted upon hav- ing quantities of high priced food, much of which was not grown on the farm itself. The purchase of extra bedding and loss from breakage, fires and thievery also were cut down by the elimination of these men. “The harvest has been shortened to two weeks instead of two months, 8o that the new equipment not only has cut down the number of outside men needed but has gotten the harvest period over with quickly. Allow $5 a day for each of the 130,000 men dis- pensed with for eight weeks and we have a total saving of close to $30,000,000.” There is nothing essentially new about cutting and thrashing grain all at the same time. They have been harvesting that way on the Pacific slope for many years. The late Ben- jamin Holt and Daniel Best built “combines” to meet conditions on the huge wheat farms, like the Miller and Lux and Lucky Baldwin ranches, as early as 1885. The same men devel- oped the caterpillar tractor for use in territory where hills or swamps made traction difficult.- But it is only in the last four or five years that farmers in general have taken up this new equip- ment. “Pick-Up” System Developed. There has been a new development of the ‘“combine” system this year. This is known as the “pick-up’ tem, and extends the use of the *‘com- bine” too nearly all crops and adapts it to all climates. An attachment is added to the ‘“‘combine” which picks GULF of manufacturing experience coupled with all thatis best in modern refining equipment. We know to a certainty that our customers are served with Motor fuel possessing the maximum power in heat units-~a pure and clean burning gasoline., up the product cut after being cured in windrows or shocks. This permits the harvesting of weedy grain in some sections where heretofore it has al- ways been a difficult problem, espe- cially in Canada. It also permits the handling of beans, peas, rice and seed crops such as clover, alfalfa, timothy. milo maize and kaffir ‘maize. Some 50 different crops are now being harvested by pick-up method, according to equipment manufactur- ers. Kansas harvested practically half her wheat by “combines” this car, with approximately 12,000 ma- ines on the job. There are 300 in Tllinois, where a few years ago there was none. Indiana bought 75 this vear, Ohio and Pennsylvania about 45 ch, while Michigan, Jowa, Wiscon- n, Missouri, Kentucky, Tennessee, ew Jersey and Virginia took about as 1 as the makers could ship by harvest time. The big point for agriculture, how- ever, Mr. Kinsman conten is that farmers are working out new ways of using these machines and hooking them up with other equipment. Farm- ers, he says, are coupling up power with more jobs all the time and are in a fair way to cut a still bigger slice from their labor costs, which, for the country as a whole, run about £1,250,000,000 a year in wages and $1,000,000,000 additional for board, lodging and other expenses. BUNKER OIL REDUCED. NEW YORK, October 25 (#).— Standard Oil Co. of New Jersey has reduced bunker fuel oil 10 cents a bar- rel in New York, Baltimore, Charles- ton and Norfolk. The new price at New York is $1.45 a barrel, excluding delivery charges. For the first five months this year fuel oil sold in New York harbor at $1.76 a barrel. The company also reduced the price of gasoline for export, United States Navy grade, one-half cent a gallon, to 23.90 cents in cases. ICE CREAM EXPORTED. Nova Scotia, October 25 you order a sundae in Georgetown, British' Guiana, or Belize, British Honduras, you can get it and it will be made of Canadian ice cream. The Dominion is now exporting ice cream to Carribbean possessions and a substantial trade has been developed. The ice cream is both shipped in blocks and shipped mixed but un- frozen, to be solidified on arrival. NEW YORK MARKETS. NEW YORK, October 25 (#).—Flour steady; Spring patents, 6.75a7.15; soft Winter straights, 6.00a6.40; hard Win- ter straights, 6.65a7.00. Rye barely steady; No. 2 Western, 1.0919 £, o. b. New York and 1.073% c. 1. f. export. Barley steady; malting, 89% e. 1. f. New York. Lard weak; Middle West, 12.30a12.40. Wheat futures opened steady; domestic, December, 1.24%. Other articles unchanged. R A 3 EARNINGS HAVE SLUMP. NEW YORK, October 25 (#).—Cal- ifornia Petroleum Corporation earned only 74 cents a share in the first nine months this year, in contrast to $2.84 a share in the corresponding 1926 pe- riod. Net profit dropped to $1,526,693 from $5,413,934. Third quarter net profit was 3585,578, equal to 28 cents a share, against net loss of $91,612 the preceding quarter, and net profit of $1,835,868, or 96 cents a share, in the third quarter last year. COTTON GOODS ACTIVE. NEW YORK, October 25 (Special).— Cotton goods markets were moderately active today. Print cloth quotations advanced % at 8% for 64x60s and re- mained unchanged at 913 for 68x72s. Raw silks advanced 5 points in an active market. The same quality s also found in Gulf No-Nox Motor Fuel That New Improved Supreme Motor Oil GULF REFINING COMPANY LAND BANK BOND ISSUE IS MARKETED IN HOUR $29,000,000 Offeripg of 4 Per Cent Securities Quickly Taken—Balti- more Subscribes for $3,000,000. Special Dispatch to The Star. BALTIMORE, October 25.—Less than one hour sufficed to market the issue of $29,000,000 4 per cent Federal Land Bank bonds offered yesterday by a banking group, headed by Alex- ander Brown & Sons of Baltimore. Subscriptions from the Baltimore dis- trict represented a larger percentage of the issue than for any other offer- ing of the system of banks. They totaled more than $3,000,000, or in excess of 10 per cent of the amount available, The bankers declined further sub- scriptions after the first hour of busi- ness. There are approximately 1,000 investment houses throughout the United States which are members of the banking group co-operating with the Federal Land Banks in the sale of their bond issues. It was the first issue of Federal Land Bank bonds bearing an inter- est rate of 4 per cent and sold at par, although the other bonds bearing a higher rate of interest are selling at a premium in the market equivalent to a 4 per cent yield basis. PIG IRON IS LOW. NEW YORK, October 25 (#).—Chi- cago pig iron is being offered in the St. Louis district at $18 a ton, base furnace, the lowest official price in months, Daily Metal Trade reports. This move has failed to bring out buy- ing, however, and melters are further restricting activities. OIL LAND FIRM FORMED. DOVER, Del, October 25 (#). charter for the Wirt Franklin Pet leum Corporation, capitalization 365, 000 shares of no par value stock, was filed at the state department yester- day. The concern will handle mineral lands of all kinds, the charter stated. TUESDAY, OCTOBER 25, 1927. Commodity News Special Dispatch to The Star. NEW ORLEANS, October 25.—Re. tail trade throughout this section has been stimulated by the rural buying. The average farmer is selling his cot- ton as fast as ginned, paying his debts and buying needed clothing and supplies. Some holders, however, are firmly standing out for higher prices for their cotton. CLEVELAND—Despite the labor trouble at the soft coal mines, a record amount of coal has been shipped up the lakes. About 31,000,000 tons will be moved northward by water before the season closes. This compares with a former high mark of 27,000,000 tons. SAN FRANCISCO.—Several dis- tricts of northern and central Cali- fornia are reporting daily shortages of refrigerator cars, owing to heavy grape shipments. The shortage is tending to keep the prices of grapes strong. MOBILE.—New port facilities at this city have resulted in an increase of 200 to 300 per cent in the amount of cotton handled for export here. Barge movements from the interior by way of the Warrior River have grown correspondingly. o ‘WILL BUILD PIPE LINE. NEW YORK, October 25 (#).—Hope Engineering & Supply Co. will build for the Montana Cities Gas Co. an §0- mile natural gas pipe line and field lines for transmission of gas tmg the Shelby, Mont., gas fields to Great Falls, Mont., where gas will be sold to the Great Falls Gas Co. It will cost $1,750,000. SPICER EARNS $2.72 A SHARE. NEW YORK, October 25 (/).—Spicer Manufacturing Corporation earned 2.72 a share on the common stock, | after preferred dividends, with net profit of $1,023,198 before Federal taxes. FACTORY-TO-YOU P HOUSE PAINT ANY COLOR $3.00 A Gallon The high quality of HPC will always be maintained. No other Paint can justify a higher price. City Deliveries and Out-of Any color made to order. -Town Shipments J. W. HUNT PAINT MANUFACTURER 1221 NEW YORK AVENUE N.W. Phone Main 1352 Hunt Building Factory 2112 5th St. N.E. TER CLOTH AT FASHI CHICAGO LIVE STOCK MARKET CHICAGO, October 25 (United States Department of Agriculture).—Hogs— Receipts, 31,000 head; uneven; general market around 25 cents lower; light pigs and packing sows, 25 to 50 lower than yesterday's average; top, 11.40; limited supply above 11.25; bulk desir- able 210 to 300 pound averages, 10.90 to 11.25; 170 to 200 pounds, 10.00 to 10.75; most packing sows, 8.65 to selected lightweight, upward to 9.40 or better; most pigs, 8.50 to 9.00. Cattle—Receipts, 10,000 hea killing classes strong: grain-fed s unusually scarce; not much beef in Western run, that crop comprising liberal proportion she stock: best fed yearlings, 17.00 to 17.25; upper crust fed steer run, 16.50 to 17.00; fairly good action on she stock: bulls scarce, best <age offering, 6.75 to 7.1 50, market on vealers to bigi pac outsiders, 14.00 to 14.50, Sheep—Receipts, 12,000 head; fat lambs fairly active, 15 to 25 higher than yesterday; most natives, 13.75; several loads downward to 13.50; 14.00 refused for closely sorted offerings; few bulk lambs, 100 to 130 pounds, 11.00 to 11.50; culls, 10.25 to 10.75; few good wooled comebacks around 13.50; price range held above 14.25: sheep steady; bulk ewes, to 6.50; feeding lambs very active, higher; bulk, 14.00 to 14.50. BUTTER UNSETTLED. CHICAGO, October 25 (#).—Butter unsettled; receipts, 8,958 tubs; cream- ery extras, 4514 ; standards, 42 firsts, 431;a44; firsts, 40a40%; 36a3815. Egge higher; receipts, 4,841 s firsts, 35a40; ordinary firsts, 733 12th St. N.W. ES ON Exclusive Imported and Domestic Neckuwear, $1.00 to $6.00 Shirts Neckband and Collar Attached $1.95 up Mode Special Suits—$37.50 FASHION PARK SUITS $45 TO $75 The Mode—Eleventh and F Streets DENIES WIFE’S CHARGES. George H. McDaniel Files Answer * in Maintenance Suft. Denying the charge that he with. drew his wife's savings, but admitting that befores marriage both drew out their savings and spent them on a honeymoon, George H. McDanlel, Southern Railway employe, yesterday denied the charges of cruelty con. tajned in the petition of his wite, Elizabeth D. McDaniel, for mainte- nance. The couple have been married ‘less than one year. The husband asks that her suit be dismissed and he be granted a limited divorce on the alleged refusal of his wife to live with him. _Attorneys James A. O'Shea and John H. Burnett appear for the husband. — e SUBDUED CLOTHES BEST. Bright Colors on Store Clerks Di- vert Customers’ Attention. Correspondence of the Assoclated Press. HARTFORD, Conn.—There is a reason why department store clerks s in inconspicuous colors, explains Willlam Haine, department store ex. ecutive, 3xperfence has tended to show that bright colored clothing worn by clerks has a psychological effect in divert. ing a customer’s attention from mer- chandise. Woman clerks are urged to wear navy blue or black, but young clerks are reluctant to wear such dark colors, Haine finds. LINDBERGH FOUND SUPREME SATISFACTION WHEN HE REACHED : %7 Le Bourget YOU WILL ALSO FIND SUPREME SATISFACTION IN AN APARTMENT AT Washington's Le Bourget No. 2127 California Street N.W. NEW FIREPROOF BUILDING WITH APARTMENTS OF One, Two, Three Rooms, Bath and Porch ‘ LARGE ROOMS—MURPHY BEDS APARTMENTS, $40.00 to $70.00 Per Month Open and Lighted Until 9 See Resident Manager or FLOYD E. DAVIS COMPANY Main 352-353 ARE Henry Heath, Stetson and Mode Hats $5 10 812 The most favored idea this fall in combined shades .. . Suits and other wearing apparel in harmony ... This store has prepared an unusual assortment in both clothes and haberdashery. »