Evening Star Newspaper, February 26, 1928, Page 36

12 RALS INDENAND ON STOCK MARKET Industrials Irregular, Trade Moderately Heavy—Wa- bash Is Leader. Br the Associated Press. NEW YOREK, February 25.--Re- newed accumulation of the railroad shares under the leadership of the Wa- | bash and Western Maryland isues fea- sured tod: irregular stock market. In- dustrials presented widespread irregu- lar but the undertone was stead Trading was moderaiely heavy in vol- ume Outside the stock market, chief in- terest centered in the shipment of $15. 000,000 gold to France and the Argen- |k tine. The principal financial develop- ment of the day was the complaint of the Interstate Commerce Commission that the Kansas City Southern Railway had violated the Clavton anti-trust act In acquiring control of the a making agreements looking to control of the St. Louis Southwestern. While this did not affest the stocks of the; moads concerned. Wall Street was in- clined to look upon it as a death knell of Loree's proposed Southwestern mer- T unless Congress took some action to acilitate pending railroad consolida- tions. Wabash Bullish Feature. Wabash ran up more than 6 points to 66 on reports of competitive buving for control following the announcement ckson was seeking proxies interests might be rep- resented on the directorate. Strength of the Western Marvland isues. which sosred about 6 points. was predicated upon the reection by the Interstate Commerce Commission of a proposed ‘voluntary reduction of 20 cents a ton in large cargo coal rates from West Vir- ginia, Kentuckv, Tennessee, and Vir- ia by the Chesanrake & Ohio, Nor- folk & Western and Lol e & Nash- ville railroads. Net gains of 1 to points were registered bv practically all other active carrier stock: For the second day in succession. Gen- eral Motors and United States Steel common closed practically unchanged Bullish operations were quite effective, however. in the American tobacco is sues. Chicago Pneumatic Tool. Coty. Inc. Indian Motorcycle. Midland Steel products preferred. and Pittsburgh Coal, all up 2 or more. On the other hand. Mack Trucks broke about 5 points to a new low for the year at 943, and heaviness cropped out in American lin- seed. Green Canansa Copper. Interna- tional Telephone. the Porto Rican To- baceo issues and Standard Plate Glass preferred. - Foreign Exchange Easier. Poreign exchanges were slightly easier | although Sterling Cables held steady around 4877« The weekly clearing house statement showed excess reserve of $28.258.800, as against a deficit in reserve of $5,534.690 a week ago. Aggregate reserve totaled $671.373.000. The -detailed statement of actual condition this day showed mixed changes. Loans. discounts and invest- ments decreased $35.512.000: net de- mand deposits. $10.231.000. and time deposits, $17.404.000. Cash in own vaults increased $3.462.000. and reserve in ths Pederal Reserve Bank of member banks, $32,620,000 THINKS DEPOSITORS WILL “GET BULK OF MONEY” Baltimore Bank Heads Ask War- rant for Treasurer Charged With Embezzling Funds. By the Associated Press BALTIMORE. February 25.—While auditors studied books of the Hunt- fngdon Savings Bank here today. bank officials applied for a warrant chargmg Louis F. Levy, treasurer. with em- bezzlement of $3.000. The main bank and a branch were closed and put in the hands of the State bank commis- sloner after business hours yesterday. ‘The amount of Levy's alleged specula- tions was not known. Armstrong ‘Thomas, vice president, said. adding that he believed the 1.500 depositors would “receive the bulk of their Tewy, who vy, Wl was ‘manager of " the branch. disaj red Tuesday. leaving 8 note to his lawyers saving he was in trouble at the bank and would “never be back again” Manipulation of deposit cards at the branch was discovered in 2n audit nre- Jioom g BE AMERICAN SAFETY RAZOR. NEW -YORK. Froruary 25 (#).—Net Profit of American Safety Razmr Cor- poraticn for 1927 was $1.047,403, against $1.014,842 in 1926 COTTON GOODS HIGHER. NEW YORK. February Trading in coarse yarn gray moderate today with quotations firm and siightly higher on a few print cloth nbers. Burlap prices were un- Changed here and abroad. Raw Was down 5 cents a pound, follow wesker Yokohama market, d are slow I Baltimore Markets | BALTIMORE, February 25 (Special). | —Closing grain quotations: Wheat, No. 2 red Winter export, 1.51';; No. 2 red Winter garlicky, domestic. 1.52; corn, No. 2 yellow domestic spot, 1.10al.11: | No. 2 contract spot, 1.05'4: cob corn, 14.755.00 per barrel: oats, No. 2 white domestic, 64',a65; No. 3 white domes- | tic, 63a63':: Tve, nearby. 1.00al.10. | Market for native and nearby eggs | continues casy and unsettled with val- | ues showing a steady decline all week. | With open weather receipts have been | liberal and fully ample for the demand ‘which to_some extent is of a special feature character. Careful grading as well as prompt shipments are necessary | to realize best results as all held stock has to be sold at a discount. The mar- ket closed today at 28 and 28'» cents a dozen for firsts in free cases, a decline of 5 cents a dozen from opening prices Monday and 23 to 27!, for current re- ceipts in free c: The general live poultry market con- tinues active and holds steady to firm | inder generally good and constant demand | for smooth fat stock. Season for tur- drawing to a close, but under a fair demand and moderate receipt val- ues are well maintained. Medlum size 1en turk eight pounds and over, bring 42243 a pound and young gobblers, 10 pounds. and over, 35a38, but old toms ale at 32a33, while poor and crooked bregsts are neglected at 25. Chicken Receipts Light. Receipts of young chickens are run- ning light. especially of Winter chickens ‘w0 pounds and under, which are scarce and wanted at 38240, and while large, smooth, fat young chickens bring 32a33. and Leghorns 27a28: poor thin stock moves slow at 20a22. Demand for oid | hens has shown an improvement the) past week and values rule a shade ! higher at a pound for fowl weighing three and a half pounds and over, and 23a24 for lighter fowl and Leghorns. Capons in light receipt and generally | & in good demand at 35 a38 for large, fat birds, while small slips sell mostly 28 | 230: old roosters in better demand at | 16al7. Under an improved demand ana | light receipts market for ducks rules firmer and values a shade higher at | 28a30 for stock weighing four pounds and over. while smaller ducks Wi bring 23a24. Guinea fowl and pigeons in only moderate receipts and under a good demand. Market holds steady at 40a45 each for the former and 30a35 a pair_for latter. i The dressed poultry market rules quiet as the Season advances, the d mand being limited. Receipts are rur ning fair but trade wants are easily satisfied with the light movement cen- tered on small to medium size hen turkeys and_straight lots of young! chickens. With the exception of capons | which are preferred dressed on this| market, there is more demand for live | than dressed poultry at this season of the year with most lines bringing more live than dressed. Potato Demand Good. | Receipts of white potatoes have been moderate the past week and under a fairly good demand the market rules| firmer with values a shade higher, but it takes well graded, round stock | to bring outside prices. Red potatoes and McCormacks are arriving mostly ungraded, mixed stock and offerings of | such sometimes have to be sold below | quotations. according to quality. Ship- | pers are warned that it does not pay | to ship culls and No. 2's or red potatoes showing disease as there is' little out- | {let for this class stock and in some | cases they will not bring enough to pay | | freight charges. No. 1 well graded po- | tatoes will bring 1.75a2.25 per 100 pounds and 300a4.00 a barrel. but Mc- | Cormacks and reds will not bring over | | 1.25a1.50 per 100 pounds. Market for | s potatoes and yams rules easy | and under fairly moderate receipts and | only fair demand which is centered on {fancy stock at 250 to 350 a barrel. for the former and 200 to 300 a barrel for the latter. Lushel hampers | both sweets and yams sell mostly at| 100a1.75 with sweets in better demand | | than vams. | | “Under increasing receipts of early | Soring vegetables from the South for | native and garden truck has eased off and it takes choice to fancy stock to ing outside prices at the following ! guntations: R Kale, 40 bushel and 150a2.00 barrel: onions. 2.00a2.00 per 100 pounds: oyster | plants. 6.0028.00 per 100; parsnios. 30a | | 40 bas Savov cabbage, 50275 bushel: furnips. 30240 basket for wash»d and ! 20225 basket for unwashed. | Cattle Market Steady. | The live cattle mhrket rules generally | ! steady to firm under Iight receipts of | first quality stock. but ample of com- R mon to ordinary cattle, which is slow to find favor at inside prices. Choice \lambs scarce and meet with ready sale | at full values. Quotations today at| Light street wharf: Beef cattle. as to quality, pound, 12 to: 13; common to medium. 6 to 10 bulls; s to quality, 6 L0 8'z: cows, | rhoice to fancy. 6 t5 8; common to fair, 3 to 5. oxen, as to quality, 5 to 8 es, veal, choice. 15 to 15'.: large, ! 12 to 14: large, rough, 8 to !0: rough and common, 7 to 8 ce. 5 1o 6: old burks. 4 to 5, Spring, choice, 14 t5 14'.: fair to good, 11 to 13; common. thin, 7 to 8: hog straight. 8 1o 8. sows. 6 to 7. stags, | 4 10 5: live pigs. 10 to 13; shoats, 8 10 9. | Receipts of dressed hogs from nearby | 2oints are running light, but are fully | ample for the demand, which is easily | satisfied and centered on choice me- dium 5 light veight stock., while boars | © receiot. and under a slow demand the market folds casy at the following 1 - Jight weights, pound, 11; me- 10 “heavy, 7a8; country lard ae. white. 11 da Pennsylvania Avenue, 8th and D Sts. 5145 Electric Se Machines Convenient Terms Spc(tial at 389 Westinghouse Eleetrified A beautitul Reyal model that will serve two pur- poses i your home, As sewing machine that bs un- surpassed an operation made with the Westing- house mowor butlt in tie machine 1L requires 1o effort o operate You guide the work; the - chine does the Jubor Then with one simple operation you transtorm the machine o a handsome console Lahie Kann'e Fourth Floor, THE 'SUNDAY STAR. WASHI NGTON, D. C, FEBRUARY 26, 1928—PART 2. $3 Chokers $1.29 —TImitation Amber Chokers, knotted between cach head and finished with invisible self clasp. Street Floor, Exploiting the Youthful Smartness and Femininity of the Spring Mode! 7 Styles ketched 33'Others Special Sale of New Daytime Dresses for Women fl—.’\ value made pessible by a specially negoti- ated purchase. —10 different models, carefully asgsembled and representing the outstanding features of the Spring made. —Every dress a practical style that one may put on in the morning and wear through the din- _ner hour. ([w('nnslrnc\cd to express youthfulness and slim lines, with tight hip lines, pleats, scarf ends. bolero and modified cape effects, uneven hem lines. ‘I—E\'l‘[\' dress new and made expressly for us, with all the smart details that go with the hetter made dresses—the full armholes, deep hems, Faille SHk Faille Crepe Georgette Canton Crepe fullness under the arms, smart neck lines and fine workmanship. Crepe de Chine Convent Crepe Light and Dark Spring Colors 1,200 New Home Frocks in New Spring and New Striped Effects Kann's—Second Floor. Sizes 36 to 46 Styles and Fabrics, Lxceptional Values— Fast-Colored Printed Broadeloths, Percales sleeves and other new touches. Missew’ S 16 10 20 Women’s S 36 10 16 Extra Sizes 461052 Kann's—Street and Second Floars, Linenes, Printed Pongettes, Manchester Prints —Smartly made one and two picce effects, in basques, straightline and belted models, with flattering neck lines, slenderizing vestees, belts, pockets, pleats, tucks, set-in An unusual assortment of styles and sizes for the woman who wears sizes 46 to 52. \ Wide: Ribbons 33c Yd. —Two-tone moire taffeta, satin tai- fet, plaid, double- faced satin_and grasgrain ribbons. Regularly 30c to e yard. Street Floor. . Sale! Gordon Rayon Slips Regularly $1.95 $1.00 —A specizl offering that comes op- portunely, when new Spring tumes are heing selected, and a ne <lip is essential, if one world have the costume complete. Full cut and made of a soft, lustrous ravon —they are not only perfect fcunda- tions, hut slips that will wear splen- didly. hey have double hems, side pleats and picoted tops. and come in the following colors: Pink Gravel Peach White Blush Black Sizes 36 to 42 in the assortment Put not cach size in each color. A limited quantity. Shop early. (No Mail. Phone or C. O. Kann's—Street Flo w) D. Orders) or. A SPECIAL CLEARANCE Wool Robes Formerly $13.75 and $14.75 $5.00 his is your opportunity to buy a good- looking. warm rohe at a real saving. There are plain colored robes, trimmed in contrast- ing colors —and novelty robes: in sleeves and becoming shawl 30 in all—so we advise early with long set- collars. Just hopping. Satin and Chenille Robes Formerly $9 —Dain colors offere pleast robes and negligees i uxedo and wrap-aro Kann's—Second Fle -~ $3.99 n light Spring und models— at a price that makes buying a DOT. Pretty New Printed Frecks fer Little Gil‘ls —A collection of dresses that wi 1 please every little miss of 2 to 0. Gay prints—made in the becomi flounce skirt styles, bound with plai | n colors around bottom of skirt, col- lars and cutfs. \ pearl button at th neck and a velvet belt give a smar timish. Kann's—Sccond Floor. < t 54-In. Spring Tweeds $1.50 Yd. —Tweeds are among the most Spring mixtures, in gray, tan, and rose, for ensembles, coats popular of hrown and su 36¢-In. Linings, 98¢ Yd. Satin de Chine Lini and cotton nuxture, for shps, ivory. pink, sky blue, maize, turquotse, okl rose, gold. Dres Kt & nings. coral. or den, tan, terscotch, Gretna Green, gray, navy black. Kanu's—Street Floor, 1,000 Yards Reg. 50¢ Printed Rayons 39¢ Yd. A fine, lustrous Printed Rayon Jo inches wide, in attractive new designs and excellent colors. Al tublast. A\ very practical material for Spring and Summer wear. Special Purchase 8165 Printed Celanese Chiffon $1.25 Yd. ~=This exquisite Printed Celanese is in new floral and geometrie pat- terns, on white and tinted grounds and s guaranteed tubtast. 4 inches wide Rann's- Street Floo W G NN / Ny