Evening Star Newspaper, December 14, 1927, Page 13

(.. WEDNFSDAY. DECEMBER 14, 1927. '$50 Cash Dividend’ D. G STAR, WASHINGTON, * SHARES ARE MIXED ON CURB EXCHANGE Active Buying Continues in| Many Stocks, but Others Tend Downward. BY WILLIAM F. HEF Special Dispatch to The Stur. NEW YORK, December 13. buying continued in many stocks on the curb exchange today, and new igh records for the year were estab lished by ‘certain issues, but there| were other securities that pointed their | trend downward. and this fact gave The' whole warket the appearance of frregularity, Interests on the side of rising prices | made much of the assurance from Fed- | eral Reserve authorities relutive to the | gold movement and favorable reports | regarding the trade outlook, while | s operators worked against the | list on the theory that with public in ierests rather hesitant to follow the current advance and much of the short | interest reduced, the market's progress should be staved Prices fluctuated rapidly and changes of & point and more in usually narrow | moving issues were not uncommon. | Expansion in breadth of the market continued, with the number of stocks | and bonds being dealt in hovering | aronnd record proportions. Much interest was manifested in movements in Bancitaly stock in view of the raising of the dividend on B of Ttaly and National Bancit: The issue opened firm at 137%, later sold off. Directors of this corpo- | ration meet in San Francisco late to- | day. | Fansteel Products was specialty | that registered a good gain and Mid- | 1and Steel advanced nearly three points | aroupd 102, Holland Furnace rose more than a point, but General Bak ing, after touching a new high, reacied sharply. United Biscuit “B.> Ameri can Rolling Mills, United = States Freight, American Solvents & Chem- ieal and Newmont Mining, a recent strong feature. suffered from realizinz. Except for Electric Bond & Share. which ruled exceptionally strong, util ities were under pressure. Standard | Ol _securities rued unusually quiet, | With price changes small. | In the bond section, St. Paul adjust- | ment 5s registered a gain of about 6 points to above 70 on an active de-| mand. GENERAL FIREPROOFING. NEW YORK, December 14 (#).— General Fireproofing declared a | dividend of $1.75 a share on the com ) mon_stock and the regular quarterly | dividend of the same amount on the | preferred stock, both payable January | 1 to holders of record December 20. | A dividend of $1.00 was paid on the common stock for the first quarter this year, and 1.25 each for the sec- ond and third quarter - | DU PONT EARNINGS. | ‘ NEW YORK, December 14 (£).— Business of k. 1. Du Pont De Nemours | & Co., is running ahead of last year and. earnings should show proportion- ate increase for 1927, said Lammot Du Pont, president of the company. on his return from abroad. ERNAN. | | | { PRICES ON PARIS BOURSE. PARIS, improved on the Bourse today per cent ntes, 58 francs 656 cen- times, eschange on London, 124 francs | 21, centimes; five per cent loan, 77| franés 45 centimes. The dollar Guoted at 25 francs 40 centimes. gy FEDERAL LAND BANK BONDS.| (Quuted by Alex. Brown & Sons. “Closig ) | Avvrox. | sked. yield. | i3 392 Bawe—Matayity May FOREIGN EXCHANGE. (Quotations furnished by W.B. Hibbs & Co.) Nominal gold Selling ehceks | value (or par!. today. vound. ... $4.8665 $4.88 on. Londs PRy Vienna. schi Budapest pengo . Prague. crown (nom. ) Warsaw, zloty. .. . Copenhagen. crowns Orl CrOwWn . . . S holm, crow . December 14 (P).— Foreign exchanges easy; quotations in cents: Great Britain — Demand, | 29-32; cables, 488 5.16; 60-day bfl!s‘ on banks, 434, France—Demand, | 293 9.16; cables, 3.9313-16. Italy— Demand, 5.4214; cables, 5.43. Demand—Belgium, 13, 9815 87%; Holland. 40.40; Norway, 7 Sweden, 81: Denmark, 26.81%5; Switzerland, Spain. 16.79%; Greece, 1 11.25 Czechoslavia, 2.96 | 1 | 5. Japan. 46.02; | Montreal, 99.90%. SHORT-TERM SECURITIES. (Reported bv J & W. Seligman & 1004 100 % 10075 1005 104 1% Frie BwS G, Mo, A R Goadrich C Goodvear T & & erhev o Herahie ofl 6 GERMAN BONDS A D Special Leased Wire to The Star. CEW YORK, December 14.— 4 Bid. Asked 60.00 ver share ) 00 4100 ; G d ¥ & Elec) pid B AEG (O Privat Bank.. | Farben: .. 1 to Gellsc! Handels. ey Bank NEW YORK CURB MARKET . Received hy Private Wire Direct to The Star Office | Following is the list stocks traded in on the New Curb Market today: INDUSTRIALS High. 2 Acetal Prod . a1 i Ala Gt South 160 1 Alx Gt South’ pf 167 3 AIb P A 10 Alison Drug A . 1 Alison Drug B & Alum Co 1 bid amid ‘B amid pf Sales in Low 05, 160 1 087, g.... 119 BI' b 10! 0 4 Am Roll M pid. 11314 Am & & Ch p pf 2Réq 5 Am Superpow B. 40 2 Am Superp 1 vl 1003 100 2 ) 9 T S F rtewi s At B C on.. .. 400 Auburn Auto "o 119 Babcock & Wile 1281, 0 Bancitaly Corp. . 1 Barnsdall deb 11s Beld Hall E 1 Beld Hall_Elec 2 Bliss E W n £ Blyn Shoes Inc 17 Bohn ~ Alum 14 Borden Co. . 4 Brllo Mfgl [l 1 Brillo Mfg A. 4 Brit-Am Tb Rex. R Buf Niaz & F Buf N & E rts wi mpbell Wy wi n Marconi W aterpil Tract n felan, Cor Am n #1C Am st of 1 relluloid_€o 14 slotex Co lotex (o pid Azuirre Sug 1 Pip Cor. & South pfd Sp & Bumo P M & S P onwi M&SP 0 ntd wi . 5 S P&EL 63 hid b Alum Uten i Consol Laund .. 3 Conel Pro A 4 Crowley Mil wi 3 Crown Wilm vie ' Deere & Co 1% De For R € v 1 Dixon. Crucihla Dubilier € & R. . rant Mot . . st Dairies Inc Bo & Sh pid1 B & Sh n Co 135 Fajardo Sue C: 63 Fansteel Prod 1 Fashion Park 19 Fedders Mz A.. 3 2 Fingman's Fu_ Tns 1 3% Firestone Tire... 1 Firest T 7% Ford Mot Co Can 5! e Theaters A ton $¥Ivhon . Corp . . 8 Glen Alden Coal. 1 12 Gobel A b 3Gold Seal Elec.. 167 1Gr AGP T C 1 pt119 B Greent Tan & Die 12 1 Hall Printing 3 39 Hanpiness C 4 Hires Ch_A. 22 Holland ¥, 1 Horn & Hardait. Huylers . 4 1 Huvlers pi & Hygrade Fo 218 Ind Ray 2 Insur Co N A 2 Intern Util A 4 Intern. Uil B # Intern Uil pf Jers C P &1 bi 1 el Shoe Co pI engel Box | Iron’" 50 St n 50 St ptd 48 1 Prod. . Nelgon H..... 3y N Y Tel Go ptd! 1 25 Nicholy & Shep. Niles Bem Pnd Nor Sta P € A 2 Patm 25 Penneo A ... 110817 37 Pen Oh Ed 64 of 951 % Poan Oh Ed b pr1077% 1 penn Wat P 'Clo_ 67 j Bevperell Mic 110 Bhilip Morris. . 7 Piggly Wigely .. i Peiéro Suk Wi 1 Pratt & Lamb € 1 Price "Bros 28 Reo Motor tand Pow tern Bros B v rinnes Hugo. Mot m nl1 i El Coal vtc. { Eng & Fnd i Shar ...... Shar opil W Sales in hundreds, 30A Con M&M Ltd . 168 Am Explora 4 1 Anglo Chil C 4 Bunker Hill. 1 Carnerie Mpfals. Am Mines. Con M trelca Croes Iden Cen M 5 Hecla Min . 2 Kinkl_ Lake 'Goid, Min Co Can ... ew Cornelia wmont Min NY& N J 7 D 5 Premi= Gold' M. 40 Red Warrior . Shattuck Deni 4 Tech Hughes 5 Tono_Beimoni .. 19 Uni Verde Ext . 9 Unity Gold .. 1Utah Apex .. 25 Wenden Cop Sales INDEPENDE in hundreds. 89 Am Con Oilfids. . ro Po Em'G & F s 01 10 Gibson Oil cor. .. Houston Guif G 1 Intercont] tu Leona A Lone St G n 3 Muedal Synd it 1 Eloc oil of bonds and York * Inealed 1 Pantepec Oil ... 1 Red Bank Ol 20 Richfield O C 1 Rvan Co Salt €K ¢ 16 8alt Cle Prod .. “ Tidal Osage 0. Osage O NV nsc ON DId. . Venezuelan ) Venezuels Wiliox 0 & G Sales STANDARD OIL 1SSUE! in units. MER SUBSIDIARIE! 00 Angla Am Oil. . 00 Cont'l O .. 50 Gal & O ptd ol 10Gal 8 O ofd .. @ 100 Bumble Oil & R #e3% 3001 P L........181 800 Imn O Can 100 Ind_ P 3900 Inter 100 Na 700 500 Pen ¥ 1000 Prarie O 600 Prairie P 700 South Penn 1900 Ind .. .. 1008 0 Kankes 1008 O Neb n 1008 O Obio n 700 Vacuun Oil BONDS 13 e 2535 57 255 0> 2B E S ERE SRR Abuott Dairies tia 10115 Ale Pow 4'ms wi 920 Allied Pk 8. ... 403 Allied PK 8x . . 46 Ani o5 101 % namid bs 034 Gas & El s, 10813 Na Gas G1zs 003 Pow & Lt 08 107 7 Rad 4158 .. 09 Roll il Gx. 106 Threan ¢ 6s A Pow bh y M&SUP B8 n wi &S P b A wi tugon Schild 6 Refrig 68 air. Robt H al Six Pe ia '30 atinean Pow 08 16 lee Cream 6 8 Ge A_Invest by A 13: 24 Gen Vend 6s.... Geor & Fla 68 5 Hood Rub B3is.. &Ind Ol & Gas ba O 7 IndinznP&L 58 A 10 81 Intl Motch Bs... A8 4 Int Pow Sec 23 Int Sec Amer ba. ntrestate Pow ba 8 nterstate Pow 63 087 1lowaNebL&P 3tA 963 10 Jeddo Hizhi Ci 65 10473 4 Kems & Millb 65.160 43 Kop Gas&Coke b5 801 8 Lehigh Pow 6s A 106 4 BLib McN & L bs 961 Lone Star Gas 6 100 iTong sl Lt 6s.. 105 10 Manm Pow 5%°A 10314 1 Milwou Gas 4%an 101 6SMKT 15 Mont P 6 Mont W P C 88 A CENEE R S AR 2 53S S s50R s 332 oe55a: BSegssace O 21335 & o 2 M St 2250535 055! S502%0! PR Do0D055: 33328232383 3 FRES RO R B RE R ! %3 S epsenSsT00D: CEEETT SRt L e R T O 5533, 14 Shubert Theat 68 3 Sloss Sheff fs. .. 35333: 523 3953300 mont it 5 S 1Souw P &L 49 Staley Mfg 6s. .. Stand Invest bz 1083 GRESEES SRR . 3t BER FEREEI 5525050325 S S B e & Te I Transcont. Oif 7. 11 Tlen & Co 8%, 0 i Bis Amer’ 6810 i Tnd B358. .. 1Uni Lt & R 8% 7S R 6 5233255555553 0030-2300000D: 333338537 *3 EPEE 2353 3! 3322227333333323%¢ S20533555300" FERER 223! PR 3RBE22333333R23 o 5 = &bt 2232352233333383R5 333533323385 R Sales in thousands. 1Ax M B 3Ak M B 1Az M B 5 Batavia 47 Pet 47.8 % Brisbane it Buenos Ai Buenos Al 10 Free 2% Ger Cons Mun 2 Hambure E 78 1 Hamburg Sta 68 1 Hanover Stat tw 1Indt M_B Fin s 1005 €os 8 M_B 7a M &S Thoww 738 51 Mor Bk Chile 68 91 2 Mor Bl Denl s 100 7 Muni_Medeilin 7n 92 10 Rus G 6las n cfs 4 Santa Fe Ci fSax S M 1% 3 s B H s '3 T "ni Flee S 5a A Ui SW 618 A X-dividend YOUNGSTOWN PRICES. NEW YORK, December 14 (). Youngstown Sheet & Tube Co. has opened hooks on sheet steel for first- quarter delivery at new prices of 2.90 cents for black. 2.10 cents for blue annealed and 3.75 for galvanized, with an extra of .01 a pound on blue an- nealed wider than 40 inches. Quota- tions of Trumbull Steel differ from previously announced prices, bine an- sheets being quoted at 2.15 cents. LEAD OUTPUT DOWN. NEW YORK, December 14 (#).— Production of crude lead in the Unf States and Mexico i1. November was 79,448 short tons, against 80,065 tons lin" October, the American Bureau of Metal Statistics reports. Output of refined lead was L tons, against 73,695 tons In October. Stocks of re- fined Jead at the end of November were 30,016 tons, agalnst 32,258 tons at the end of October. NEW YORK MARKETS. NEW YORK, December 14 (#). Flour easy; Spring patents, 6.90a7.3 hard Winter straights, 6.75a7.15. Rye easy; No. 2 Western, 1 New York and L183% c. i Barley easy; No. 2, 1.0 c. Yor Lard w all.75. Other articles unchanged. COAL OUTPUT UP. NEW YORK. December 14 (#).— Bituminous coal production in the week ended December 10, is estimated at 9,400,000 net tons by the National Coal Assoclation. Output for the previous week was put at 9,079,000 tons by the Bureau of Mines, ———— Salishury, Rhodesia, is Lo erect a statue so Cecil Rhodes. FURTHER DECREASE INPOULTRY PREES Warm Weather Is Playing‘i Havoc With Christmas Turkey Market. pd muk with the | market. | sending fairly local market, | some dressed | Continueld weather is Christmas Shippers heavy supplies mostly alive. although stock has made its appe: 1t is believed receipts for next week's than those for warm havoe turkey playing holiday already to are the rance, trade will be heavier the Thanksgivin holiday trade Weuther conditions will prove an im- portant factor in prices, but just what | the prices will be dealers are unable (o forecast. Poultry continue low and business s reported slow. Dealers are not moving their supplies so well Further decreases in pouliry prices | were reported to Dealers reported condition of the butter the egg market remains unchanged. Fruits ave heing received in fairly large quantities for next week's mar- | ket prices being about normal. and | vegetables are plentiful and cheap. Wholesale Prices Today. Killed —Beef, 20a20; i fresh hams, shoulders, smoked bacon, alive, prices continued firm market and fresh : la loins Meal veal 18a19; 16al7; smoked hams shoulders, 14a16; strip lard, 13a133;; calves, lambs, aiive, 13. Butter h, 1-pound prints, street packed, 3la s—Fresh selected, 47a4s; 50; current receipts, 43 Poultry, alive — Turkeys fowls, small and medium, 20a Spring chickens, | 18a20; keats, yvoung, ressed—Turkeys, 4 chickens, 27a28; roost capons, fancy. heavy, 4bads; il 38a40; ducks, 25 keats, 50a90. | Fruit and Vegetable Review. Today's market report on fruits and vegetables compiled by the Market News Service Bureau of Agricultural Economics sa Apples—Supplies moderate: demand light, market about steady; barrel Pennsylvania, 215 inches up, No. 1, Yorks, 6.00; Black Twigs ; boxes, Washington medium 1o large mze extra fancy Romes, mostly 3.0 Staymans, _ 3.00a3.25: _Spitzbergens, 3.75a4.00; Delicious, 3.8524.25; bushel baskets, Maryland, unclassified Yorks, 215 inches up, 1.50; Pennsylvania, U. S. No. 1, Staymans, inches up, 2.50; U. S. No. » Black. Twigs, 2% inches up, 1.75. few higher. Cabbage—Supplies moderate; de- mand moderate, market about stead New York, sacked, per hundredweight, Danish type, mostly 1.00; South Caro- lina, barrel crates, pointed type, most- ly 2.2 Celer 14a15; | 23 —Supplies moderate: demand moderate, market about steady; New York, 2-3 crates, 2.0 .00; California, crates mostly around 5.00. Lettuce—Supplies moderate; demand moderate, market steady; California, crates iceberg tvpe, 4-5 dozen, 3.50a 4.00; Arizona, crates iceberg t 5 dozen, 4.00a Florida, hampers, Big Boston type. 5 Onions — Supplies light; demand light, market firm; Michigan, 100- pound sacks yellows, . 8. No. 1, me- dium to large size, 1.90a2.00. Potatoes—Supplies liberal; demand moderate, market slightly weaker, Michigan, 150-pound sacks Russet Ru- rals, U. 8. No. 1, 3.25; Maine, 150- pound sacks Green Mountain, 11 No_ 1. 3.60; 120-pound sacks, 8 String beans—Supplies moderate: de- mand moderate. market steady: Flor-| ida. 7;-bushel hampers, green. best,| 2.5022.75; few high as 2.00; poorer, wide range prices, 1.50a2.25. | Tomato Market Steady. Tomatoes—Supplies light: demand | light, market Bahama Islands repacked 3s wrapped fancy count, 3.75a3.90; choice count, 3.25a 3.40; Florida, originals 6s ripes and turning, wrapped, fancy count, 6.00a 6.50; choice count, 5.00a5.50. Cucumbers—Supplies light: demand light, market dull; Florida, square bushel crates, fancy, 3.00a3.50. Peppers—Supplies light: demand light, market steady: Florida, pepper crates, fanc 00a % Eggplant ‘00 few sales reported u,‘ quote. | Squash—Supplies very light: de- mand light, market steady; Florid: pepper crates, fancy white, wrapped, | 3.00a3.50; poorer, low as 2.50. Carrots—Supplies ght, market steady estern lettuce crates, 2. Beets—No supplies on market. Spinach—Supplies moderate; demand light for good stock, market slightly weaker: considerable ordinary cordi- tion; Virginia, Norfolk section. cloth top barrels, Savoy type, 1.50a200; poorer, low as 1.00. Caulifiower—Supplies light: demand moderate, market about steady: Cali- fornia, crates, 2.50a2.75; mostly 2.50. | 003 | EVERYMAN’S INVESTMENTS BY GEORGE T. HUGHES. “Legalizing” Utility Bonds. ‘When the New York State Legisla- tuve meets next month a bill will be introduced legalizing the purchase of public utility bonds by savings banks. The matter is of more than local ims portance, Because of the financial leadership New York State enjoys by virtue of its having the financial capi- tal of the country within its border: whatever action is taken by New York lawmakers is of interest to investors everywhere. There are now 18 States which al- Jow their savings banks to invest in public utility bonds. They are Colo- rado, Connecticut, Delaware, Florida, 1llinois, Kentucky, Maryland, Massa- chusetts, Michigan, New Hampshire, New Jersey, Ohio, Rhode Island, Wis- consin, Maine, Minnesota, Vermont a.- Washington. New York State up to now has lagged behind. There is no good reason why public utility bonds under proper restrictions should not be eligible to investment funds which require the highest de- gree of safety. The best of these bonds are just as good as the best railroad bonds. The latter have the udvantage of age, but that is all. In the last few months public utility co .panies have been marketing first mortgage bonds with 4% per cent coupons and investors have been tak ing them. There is no discrimination | against utility investments outside of the artificlal one in connection with savings banks. It is highly desirable that the fleld for trust funds be widened whenever | that can be done without a sacrifice of quality, As it now stands the supply of these high-grade securities is in- sufficient Lo meet the demand. Proba- | bly the best opportunities lie in the real estate mortgages. A larger re- tusn can be had here than anywhere olse, safety considered. The fact that mortgages are not marketable, how- ever, limits them to investments | which need not be kept liquid and the savings bank has to have a pro- portion of its money ip something that can be quickly realized upon. { nutural | exceed | was about the same. | nar {and main exiensions has been made financial stand- | Strictly speaking,: the only preciois stones are the dighnond, the ruby, the emerald and the sapphire. GAS CONSUMPTION N 192715 AT PEAK Gain, With Lowered Costs of Marketing, Puts Firms in Good Condition. BY J. C. ROYLE. ateh to The Star YORK. December 14.—More and artificial gas will have been consumed in this country by the end of 1927 than in any other year in history. Special T NEW 445,000,000,000 cubic feet, of which nearly 1 he represented by manufactured gas consumption. This is a gain as m red with 1926, and the rate of ine ase promises to rise in stead of fall during 1 The gross and net earnings of the 1% companies showed equally satis. factory expansion. The cost of labor But_coal was cheaper and modern methods of pro- duction aided in cutting down costs. More potent than anything else was the fact that more stocks of gas com- panies are held by customers of the gas companies than ever before. Thi has smoothed out annoying wrinkles regarding rates and service. More Used In Industrial Heating. Another factor which has done wonders for the manufacturing gas ompinies 1s the methods by which gas is now produced under low tempera- ture oxvdization of coal. Then also full realization of the value of gas for industrial heating processes and for domestic heating has broadened the market throughout the industrial centers, and in the urban communi- ties. Over $1,000,000,000 had been ex- pended this year in expansjons and benefits, Money cing has heen of new and the fi- construction easy, plant asy by the splendid ing of most of the manufactured gas companies. These. new plants have ent down the cost of production per | en':: foot, and while some of them | ¢ ate not yet being nsed up to full ¢ pacity, sales are expanding and th. capital outlay will begin to flow back ;nlo the treasuries in earnings before ong. The manufactured have been profiting also from the broadening market for coal by-prod- uets, extensively used in the chemical, textile and other trades. The increase in the use of gas for domestic heat- ing and industrial purposes has been marked. gas companies Casing Head Gasoline. Tt has been impossible, of course, (o lessen costs of gas which flows of its own accord from the depths of the earth, but the installation of casing head gasoline plants has yielded a huge revenue to owners of natural gas wells in addition to that gained from the sale of the gas itself. Moreover. the natural gas producers have broad. ened their markets tremendously by extension of pipe lines and by the | volume of gas now forced through the lines. A gas line of 300 to 400 miles now offe little obstacle, and the long lines with offshoots to adjoining com- munities are being laid in every direc- tion from the producing flelds. 8o marked has this volume of busi- ness become that it has changed the status of some companles from oil and gas producers into what ave really public utility concerns. Companes of this character have bheen far less af- fected by the depression in the petro- leum industry than have those which depend more on the sale of oil and gasoline for profits. The life of the wells supplying these At the Hahn <~}.L@)‘{. “Stocking Shops” % daod Novelty Socks for the Man 65¢ 3 Prs., $1.50 Dozens of styles choose from. Silk and wool pin stripes. Wool with large block designs. Smart 1is1e patterns, Dressy all-silks. ~ Values extraordinary ! to “Lady Luxury” Full-Fashioned Thread Silks $1.45 2 Prs., 275 Silk stockings to give confidently and receive joy- fullyv., Medium service weight silks—long silk leg, narrow reinforced lisle top. Snug fitting. serviceable. A gift to delight every womin You know! “Lady Luxury” All-Silk Chiffons $165 $1.95 2 Prs, $3 2 Prs, 8375 “Lady Luxury” Heavy Silk Service Hose $1.85 $1.95 2Prs. $355 2 Prs. 8375 Speclal wrapping service hite tissue, gilt cord, Xmas cards, stamps—and cheerful exchanges after Xmas—at all our “‘Stocking Shops.” The total sales of gas will | 5,000.000,000 feet will | tremendons | Voted by Michigan Central Railroad By the Associated Press. NEW YORK, December Directors of the Michigan Central controlled by the New York Cen tral, today declared an extra cash dividend of $50 a share on the capital stock in addition to the regular semi-annual payment of $20 a share. This makes the totx! dividends for the year $30 on stock which has a par value of $100, 'CORN SCORES GAINS AS WHEAT DECLINES Bullish Stand Taken by Leading Speculator Gives Strength to Coarse Grain. By tha Associated Press. CHICAGO, December 14, —Corn de- veloped fresh strength today owing largely to a pronounced bullish stand taken by a leading speculator. Offer- | ings of corn from the country today | in Chicago were light and notices of | consignments were also meager. Open ing at 1% to % advance, corn re-| acted somewhat, but soon rose higher | than before. Wheat averaged lower | early, starting at 13 off to % np and | later showing losses all around. Oats | were easy. Provisions tended to ad- | vance. At times today the number of trad- ers in the corn pit far outnumbered those giving attention to wheat. The chief reason was a statement from | one of the most widely known figures in the grain trade asserting that the | decline in the corn market should be | at an end. He based his stand, he | said, on belief that European demand | for corn would make itself felt short- 1y and that buying for export would he an important factor in the not dis- tant future. According to fhis authority, the Argentine corn supply has been ahont exhausted and the new Argentine corn op will not start coming until Ma or June. Meanwhile, European roc crops are small this vear and trans- atlantic countries will have to turn to corn from the United States instead He also said that but little corn is to be had in many of the corn belt States and that some of the buying in Chi- cago is coming from corn centers. POTATO MA-BKET RJLL. CHICAGO, December 14 (#) (1 Department of Agriculture).—Potatoes Receipts, 67 cars: on track, 229; to- | tal United States shipments, 641 cars Demand and movement slow, n dull; few early sales reported: Wiscon- sin sacked Round Whites, 1.50al. Idaho sacked Russets, ‘{o. 1, 1. 1.70; partly frozen, 1.10a1.50. lines has been questioned by some | financiers, but after years of use it is | estimated the wells of the older pro- ! ducing areas, such as West Virginia and Pennsylvania, still have scores of years of life before them. | As in the case of electric current, the heavy users of gas are finding it possible to fill their requirements at | a lower rate than those using a small | amount. The United Gas Improve- ment Co. of Philadelphta, for example, | has made a big bid for the industrial | business of that city as against coal | and oil for fuel by putting in a scal which ranges from $1 a thousand cu feet for small users to 65 cents a | thousand for those using 1arge| amounts. The city has just leased its municipal gas plant to the company. The rates to large customers will be lowered January 1 ~— Pretty Little Boots for cute little tots areiully made little shoes their first hesitating steps. of soft pliable leathers. Ma [ Several | 3 different colors and combinations. Wide nature- priced, Sizes 2! to §, with wedge heel, $1.45 Sizes to 8 with spring heel, $1.95 aped toes Mother Goose Felt Slippers Warm felt moccasins and Cavalier Bootecs, in red or blue, with cunning Mother Goose decorations. All sizes, 5 to 2. in a special offering at 7Q¢ L Specially | Moccasins Funny bunny these warm lamb's waol ‘slippers with wool in- side and forming a_fluffy collar, make nseiul giits for girls and bovs. §1.29 head in front, Sturdy Winter School Shoes “Hahn Special,” good looking, good wearing tan or black calf or patent leather Goodyear Welt Winter-weight oxfords for misses and junior women. 1% to 2, $350. to 6, $4.50. 3212 14th A Pair of Really Comfortable Shoes ! Wouldn’t that be the height of Christmas gift thoughtfulness! o« HAHN AT An Ideal All-Around Shoe for Women’s Winter Wear FA steel REINFORCED arches and special “Health” lasts make them so comfortable “She” may be on her feet all day long without ache or pain! fitting in heel. Roomy across the ball, snug So restful, so practical, so serv- iceable. Yet good looking and most economical! Black patent brown suede, leather! K very popu- N lar " model. . Brown kid, black kid or patent leather strap effect Most Styles *5 A few, $6 to $7.50 rt Teather black kid low- mp, - with lizard: strap. . wide like 7th & K 414 9th 3212 14th 933 Pa. Ave. SE. “Hahn Special,” tan or black laced boots for boys. Built to stand a lot of hard service for small cost. 117 to 1315, $3.25. 1 to 2, $3.75. 214 to 6, $4. 7th & K 414 9th 233 Pa. Ave. SE. Men’s Splendid Leather Slippers $2.95 Best men's slipper value in town. Full leather lined fine brown or black kid Operas, Romeos, Everetts with flexible leather sole. “Best Ever” slippers —with moccasin soles. Women's cozy felt rib- bon-trimmed moccasin slippers. Several attrac- tive colors. Black turquoise, old rose or Copenhagen prettily bro- caded slippers with feather trim, soft moccasin soles. $1.95 Soft black kid boudoir slippers, with leather sole, low heel. quilted satin lin- ing. A practical gift. Comfortable footwear for the *‘Settled” woman. Neat, ;-unurvuuve styles of qual- ty. Boots—§5 to $7.50 Strap_Slippers and Oxfords— 8w