Evening Star Newspaper, February 3, 1928, Page 13

- STHAREA RESERVE BANK PROFITS SAG €229.934 Drop Shown in 1927 Report—Expenses of Institution Are Lower. BY EDWARD C. STONE. Total net profits of the Federal Re- gerve Bank of Richmond decreased 934 7. according to the pre- rt of Gov. George 11 last vear, com- 7 645 carnings exceeded also 26, when they added vidends ird the amounting 1o 687 the year he_bank’s sur- 1 December 31 total bills dis- ctor mn the was attributed Tecont years were: 26. $2.732.649.- 1924, $1.357.- 3. $2.910.686.699. counts were at the lowest * acceptances derably, ris- THE EVENING STAR. . WASHINGTON, D. ¢, FRIDAY, FEBRUARY 3, 1928 13 IPRICES UNCHANGED: - INLOCAL MARKET | Good Sea- Food Demand. Trade Not So Brisk in Other Sections. There was the usual Friday morning demand for marine products reported at Municipal Fish Market this morning. A scarcity of fresh fish was reported, but dealers had several varieties of at- tractive fish to offer. Frozen fish were a | plentiful Were $3086.302 and |, Denlers land stand: | had very it Dealers also had ample supplies of at 8225 a bushel shell stock on hand Retailers were on hand at wholesale houses and markets early this morning to get the pick of commodities, and re- They | tailers had supplies more than ample 1o meet demands, business not being Prices of most commodities today were substantially the same as prices | particularly brisk. | | quoted vesterday. Today's Wholesale Prices. Butter—One-pound prints, tub. 48a49: store packed, 32. . Eqgs—Fresh, sclected. 42a43: hen- 43a45: current receipts, 40. ve. 35a36: Spring 27 1 roosters, young. 70a75: . 40245 Spring 20: capons. 30a32; 50a51; nery Poultry—Turkeys, aliv 18; ducks. old, 35. Dressed turk chickens 32 roosters, fanc: hea’ small, ducks, 25a30. keots, 30a90. $89,220.906 in 1 the amount the bank was the! institu- s of op: 2 in the previ- | & | 2,859.000 items. New Bonding Ageney Launched. Bond & Insurance | organized under | ct of Columbia, | ¢ bond and in- has been appointed e Fidelity & Deposit tersta ny bond and in- s a graduate of | v Law School and ar served in the| ssociated with him | has passed the 700 mark. enrollment for the sec- liment was 3 udent body for the year ch is a new all-time vious year by taking the courses The local chapter has just been sig- | nally honored by the national organ- iration. Richard W. Hill, secretary. and Harold Stonier. the new educational di- Tect have just been in the city in connection with changes in one of the text books because of the passage of the McPadden banking act. Among those selected to assist in making the re- visions were two members of the local faculty. P. J. Donohue and Eliot H. Thomson. H. H. McKee. president of the National Capital Bank. also has been acked to serve on the committee. Fifth District Ratio Declines. ease of $27.135.000 was re- the Federal Reserve Board in brokers’ loans for the weck ended Feb- ruary 1. This brought the total up to $3.815.820.000. compared with $2,730, 001.000 on Pebruary 2. 1927, | | smoked hams, 20a22; smoked shoulders, | | lard. 1217 | calv | vegetables mi S | weight, The | stock, ‘l Meats. fresh killed—Beef. 2022 24a28; lamb, 26a27; fresh ham loins. 19a20° fresh shoulders, or: 1 strip bacon, 22a23: 16: lambs, alive, 13, Fruit and Vegetable Review. Today's market report on fruits and compiled by the Market News Service Bureau of Agriculture Economics says Apples—Supplies moderate; moderate, market stea barrels, Pennsylvania, U. S. No. 213 inches. up. Yorks. 6350; Virginia, U. S. No. 2, Staymans, 2'> inches up, good quality alive, demand 50. Virginia. U. S. No. 1, Delicious, 8.00. 2!y inches s. Washington. medium extra fancy, Winesaps, 3.75. Staymans. 3.25; extra fancy De- licious, 425. bushel baskets. Virginia, U. 8. No. 1. Staymans. 23, 2.75a3.00: unclassified Staymans, inches, 1.75. Pennsylvania. U. S. No. ._Black Twigs, 23, inches up, 2.50a 75. Pennsylvania, U. S. No. 1. Romes, 3, inches, 2.75. Cabbage—Supplies moderate: moderate, market stead tock: New York, sacked per hundred- Danish type, 1.00al.15 Texas, crates, approxim: 100-pounds, net round type, 3.00a3.25, few higher; Florida, 1, bushel ham- pers. pointed type, 1.75, few low as 1.50. Celery — Supplies moderate: demand moderate. market steady: California, crates, 5.50. stripped, fine quality and condition; Florida, 10-inch crates, wide range quality and condition, wide range in prices, 2.00a2.75, mostly 2.25a2.50. Lettuce Slightly Weaker. Lettuce—Supplies moderate; demand fair, market slightly weaker; Califor- nia, Imperial Valley, crates Iceberg ype, 4-5 dozen, 3.50a3.75: Arizon: gl;‘;el Iceberg type, 4-5 dozen, 3. Onions—Supplies light: demand good market steady; Indiana, Michigan and Ohio, 100-pound sacks, Yellows, U. S.| No. 1. medium to large size, 2.65a2.75. Potatoes—Supplies moderate: demand fair, market about steady: Michigan, 1 2 ters to offer. selects at $2.50 150-pound sacks Russet Rurals, U. § No. 1, 335a340: few sales 3.15a3.25: Idaho, 110-pound sacks Rurals, U. 8 | No. 1, 275, { Spinach — Supplies liberal: demand | WARFIELD RE-ELECTED. e are Charles E. Scarlett, Blanchard Randall, jr, and A. Leslie Lewis. Again Heads Baltimore Chamber of Commerce. J. Murdoch Dennis, William H. Hay- Special Dispatch to The Star. A. Leslle Lewis, Philip C. Mc- Intyre and Joseph G. Reynolds were elected directors for three years. BALTIMORE, February 3.—Henry M. Warfield was re-elected president of the Baltimore Chamber of Commerce at the annual meeting this week. A. W.| valued at $10,625.000 was exported from Mears again_was elected vice president| New York between January 26 and and James B. Hesson re-elected secre- | February 1. of which $10,250.000 went tary and treasurer. A. Manger was | to Argentina. Imports of $83.000 came named chairman of the executive com- | chiefly from Latin America. No move- mittee and William Rodgers vice chair- | ment of the metal to or from Canada man. Other members of the committee occurred during the week. EXPORTS OF GOLD. NEW YORK. February 3 (4).—Gold Phone Main 5215 /: P A& & ver Toun” —the Better to Serve You 2V5-01. Size Bottle Aqua Velva With S5c¢ Size Williams' Shaving Cream 24c Face Powder ety = e Saturday One Day. .. 60c Forhan’s ToothPaste 34c 50c Mulsified Shampoo. .33c 50c Hinds’H & A Cream, 33c 60c D &R Cold Cream. .37¢c $1 Newbro’s Herpicide. . 74c |FARM PRICES LEVEL REMAINS UNCHANGED ‘The general level of farm prices re- mained unchanged at 137 per cent of | NEW YORK, February 3 (1 P the pre-war level during the period | PhAnAr president of Chandic from December 15 to January 15. the | JIC TH0% GO0 0. TEROTE - Department of Agriculture announced 31rvl s P today. No marked changes for the (4T 1927 country as whole were noted. - Only three farm products of the 2 listed showed substantial declines from WIRE RODS HIGHER. | a year ago. The relative price of pota- | NEW YORK. February 3 (P).—The | toos dropped from 200 to 134, hogs from | price of wire rods has been advanced 132 fo 108, and hay from 113 to 89.|$2 a fon in the Pittsburgh district to vere shown in cotto $44 a ton. seed, cotton, apples and cattle, while feed grains also gained slightly. CHANDLER SHIPMENTS GAIN.| anuary | f Janu- . One Box of Kotex Given FREE With 2 Boves Here’s a Wonderful Value fo MEN 75¢ Genuine Leather Billfolds 49c tan or ; choose. with identification Peoples Price. .. $3.50 Trwinpl 30¢ Size Kolynos $2.69 Dental Cream Saturday Only $1 B. Paul Henna. .. 30c Amolin Powder. 65¢ Pond’s Creams. . 50c Dorin Rouge. . .. 50c Hair Groom. ... ..34c 25¢ Box o Pouwde gradual | Lumber Stropper Seidlitz Saturday LUMBER TRADE BETTER. | NEW YORK, Frbruary 3 (A’Y,AA: speeding-up In the lumber industry is indicated in telegraphic re- ports from 464 mills to the National Manufacturers’ Assoclation INCOME IS SMALLER NEW YORK, February 3 (#) —S. D Warriner, president of Lehigh Coal & ) igation Co. says net income for 1927 was $2932000 after taxes and charges, As a whole, the industry is far ahead | of last year in all departments. The reported production and new buciness | last week was only slightly less, but shipments showed an increase of 17.- 000.000 feet. Unfilled orders for 217 Southern pine and West Coast mills Amonn to £07.281.247 feet, 784,858 feet the p) r Why Pack Bicyele Plaving Cards 37c Saturdny One Day Model cx 60c Formamint Tab 40¢ Fletcher’s Castoria 75¢ Baume Bengue. 35¢ Scholl’s Zino P S$1.20 Scott’s Emuls $1.25 Glycothymoli f 10 rs Excellent Wash Cloths L g 10c—3 for 25¢ S 81 Pinoleum Liquid | Jordan, president of Jordan Co., reports January shipmen* more than double those of | 19 and orde coming in 1 T de promise of good busi- t quarter lets ion - 50c Ipana Tooth Paste. .31c 50c Palmolive Shampoo.29¢ 25¢ Mennen’s Talcum. . .15¢ 50c Pebeco Tooth Paste.. 31¢ 50c Java Rice Powder. .33¢c 75c Maybelline .. ....59¢ 50¢c Orchard White. .39¢ 50c Aqua Velva....45¢ 35¢ Odorono . . ...21c 65¢ Barbasol . .. ..43c The reserve ratio of the 12 banks | combined declined to the slight extent | of t standing at 73.7 per 30c Bromo Quinine 13¢ light, market weak: Texas, bushel bas- | kets Savoy type, 150a165; few high | as 175 | ) n Tomatoes—Supplies light; demand o e e e et | moderate, market about” steads: un- | and purchased increased approximately | KDOWD origin, repacked in New York| $4.000000 if a week. The Richmond | ¥ 38 ripes wrapped, fancy count | bank's ratio varied only slightly from | 3.5082.75; cholce count. 2.00a225: re- the previous week. standing at 5808 | Packed in Baltimore, ripes wrapped 6s, per cent. yet was exceptionally low com- | 4308300 sholce count 400, © pared 1o that of the system as a whole. | Sing . market firm: Plorids, Heard In Finaneial District. : 8§1.35 Pepto Mangan S$1.25 Absorbine Jr. ... $1.25 Creomulsion ........... TR 83¢ S1.25 Veracolate Tablets 81 Lavoris Mouth Wash Y VN —\ Arrangements for the annual banquet of the Washington Asseciation of Credit Men are being pushed vigorously. This | event takes place on Saturday, March ! 3. and not in Pebruary. as has been ly stated. Stephen 1. Myler, ] director, for whom the | banguet i= 1o be given, already is widely known here and was formerly educa- tional director of the American Institute of Banking Francis D. Bartow of J. P. Morgan & bushel hampers, green 10.00. Eggplant Steady. Eggplant—Supplies light; slow’; pepper cra Peppers—Supplies moderate, market steady: ba, pepper crates, fancy, 4.0 mostly. 4.50. Squash and cucumbers—Practically no supplies on market. Carrots—8upplies light: demand moderate, market about steady. Texas. demand Florida, " demand and | | Co. has been elected to membership ON | pushel baskets, bunched, 1.50a175; few | the board of directors of the Home Life Insurance Co., according to announce- | ment yesterday by H R Bryarly &' Bro. managers of the Washington office The Nunnally Co. reports for 1927 a rofit of $108.200 after all charges earned T were bank clearings in January | VtaicG $465 084 066 18 represent- ed 2 Ger 5980 under Jan- clrarngs amounted W Capital Traction Market Leader. C ok the lead # Jocal market i war made st 1147, than \erday. vialed” zn even avel was very 106 and closing at ertive ] virg 25 shares 104 ay o tores “r 1o yarerm Decemier ' Tie Feaerel Juserve s 8 Wil were ahout e saler of mal sumes PULLMAN GETS ORDERS A - B nas #n from the which W tailers Car o1 Co BEW YOIK met Cer wrder Tie drred 11 e bnd Lie Grest North higher; western lettuce crates, 2.50a 275 Beets—Supplies light; demand light, market stea Texas, western lettuce crates, bunched. few sales. 4.00. Caulifiower—Supplies light. demand moderate. market firm: California, pony crates, 200a215; few low as 175 Btrawberries—No early sales reported WOOL PRICES FIRM. BOSTON, February 3 (Special) — Prices were firmly held today in the Boston vool market. The local trade 15 optim an consumption of woo! year. london reported closing &t pric cent sbov lory wes quoted | 120, clean basis; French combing, at 1108115 half blood 110a1.15 three-eighths blood at 98 o 100, and quarter blood &t 90a95. Fine Ohio fieeces were quoted at 49250, grease basis; half hiood® and’ three-eighths ood 81 50851, and quarter blood at 50852 HEAVY CONSTRUCTION. NEW YORK, February 3 (A4 — Hel truetion contracts let in the United ates In January were valued at $197- 44 000 Januar Engineering News-Recor L reports ew England contracts were s17.340,000 Middie Atlantic, §72.804 000 Bouth $19077000, Middle West, $40 - 280 000, west of Mississippl, $3) 681 000, wnd Far West, 8168020007 Construc- wrvanced 04 per o i P. LORILLARD CO NEW YORK. Fevrusry 3 A income ¢ P lorilard Co. for deciined 1 $2.490 86 ® share on the common, dividends. from $4 117 197 8258 u shar year s earn T preferred 1926 or i the panding a Prom showed sn Ancrease and loss surplin at year 814.42) 98) al the end of 1626 Calles Visits Monterey MEZICO CYTY. February 3 (&) Fresident € s pald Monberey, capilal of Lhe Blate of Nuevo Leon, i northern Merion m el visit Just night Jesving Jurtly wfer bis arrival for ‘Tampico, from Pron of th 81440653 aga RUBBER ADVANCES YORK shaer NEW 3 (Bpecinl) viben eheets Februsry ‘ v snoked wrvanced Yot 37 wonth v compuies with 41i.c & 660G ¥11,0 & year 3o, / ipating a marked im- | compared with $181,740,000 in | | in the | Increase i structural | sated, | a1 oday e noon Guotation | 35¢ Frostilla Lotion . .. .21c $1 Mavis Talcum......69c 50c Glazo Nail Polish. . .37¢ $1 Danderine, large. .. .63c SPECIAL! Three 25¢c Cakes of WOODBURY’S FACIAL SO4P for Only 55¢ and Receive One Additional Cake ta In reality you cetve four 25¢ cakes of Woodbury's soap for only 55¢ re- A 81 Value Special for 55¢ Try Cystex 48-Hour Test getting up nights, backache, burning or itching sensation health and strengt 144 hi: weakness groin_paing, lower your pep. The Cystex 48-hour test feel natiafied with ita results Use Listerine —the Safe Antiseptic Listerine attacks the acid-forming bacteria and removing all odor (uickly halts fermentation from the breath It 1 an eMelent, trustworthy, non- polsonous antiseptic, safe, agreeable and convenlent An ideal prophylactic mouth wash, 38¢ 67¢ Much Lower Than Usual 35¢ Corega . . $1.50 VanEss. . .89¢ 50c Mum .....34c 50c Neet .....33c An Opportunity to Buy a Fine Nationally Known Facial Soap Price Specially Priced Friday and Saturday $1.50 Glass Humidor Velvet Tobacco Velvet Regular 15¢ Tins of Forty-Four Tobacco 2 for 25¢ Friday and Saturday Only Engagement Havana Ribbon Cinco Invincible Edgeworth Prince Albert .enter Sir Walter Raleigh Happen:d; Candy Treat A pound hox of Mamm vered Caramels a pound box of Mammy Lou Wa Both for 09, “Be Sure to Take Home a Treat™ late-cc ed Dates. Lou Ch it St —_ Com, 2. 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