Evening Star Newspaper, March 8, 1928, Page 13

STAR, WASHINGTON UTILITIES BOUGHT THE _EVENING Paul Smith and W. R. Voorhis, i presidents; P, W. T. Loy, gecretary; § D. C. THURSDAY. MARCH 8. 1928, CONSUMPTION FIGURE BOARD RE-ELECTED. Special Dispatch to Tha Star. v4 7 FREDERICK, Md., March 8. | Town, “treasurer -And Shesictant rectors of the Potomac Edison Co. were |tary; Paul 8. Michael, fisdlstant Commodity News * QUTLODKISBLACK | ~EW York cure MARKET urer;’Byron Winebr Ry Private Wire Direct to The Star Office 2 Venesuelan Mex. By Special Leasad Wire 10 The Star, Venezuelan Pet. Following is the list of stocks and bonds traded in on the New York Curb| Market today: INDUSTRIAT S Mts A Sales i units N EOAL NDLSTRY Processing of Fuel Held by Sales m hund A Experts to Be Future of the Business. BY I C. ROYLE. $recr® Dispateh 10 The Sta NEW YOR! Maich 8.--No matter whith side is the kettle or which is the pot in the soft coal cONtroversy now | -ing aired. each calls the ather black | and the outlook (for the coal h\d\lsu’_\" shows no signs of brightening. Capac- | v still' exceeds normal demand by at| icast 50 per cent | The coal: operators of the western | Pennsylvanta district will continue to | operate their mines on & non-union | basis unless the Government should take | them over and operate them. Some | operators would not be averse to this. | They feel they would transfer an im- | possible burden to the shoulders of the ! Government, and let th» Government | pay them for their trouble. - The Pennsylvania operators declare vehemently that the United Mine Work- ers’ Unfon has boen beaten and that | the continuation of the struggle reprr»; sonts mereiv a struggle to remain in | existence. The 2 workers are equal- | Iv emphatic in saying that they have| really won their war and are forcing | thos> mine operators who hold out | against m 1o operAts at a loss. Operating Mines Confidently. and assert the jrrégularity balancing production and consumption. This is denied by thé miners. But none | dentes “that prices are at the lowest level in 15 vears. It undoubtedly has cost money to put the mines on a non- l union basis. It is costing more money | for equipment. Eamings. eccapdivg to most coal company offigclalk. again will show a substantial decrense this: year. The market has grown steadily worse n the Jast few wecks and there is no doubt Pennsylvania and the country 2s 8 whole ate heavily overstocked with coal. The larger part of the present JMnecessary outout comes from the non- unicn fields of West Virginia. Ohio and RKentucky. where the §5 and $5.50 a dav schedule is in effect. Gas coal, which | sold a few weeks ago at $2 a ton. now | 15 $1.85 at the Pennsylvapie mines. Steam | siack is weaker at 90 cents a ton md‘ gas slack has fallen to $1 to $1.20 a ton. The Pittsburgn Coal Go. through President Morrow, says it could increase | its output to normei at anv time and that its men are skilled miners. The | Terminal Coal Co. makes similar 2n nouncement. adding that production now is above the average of several years ago. There is a rumor, which the mining eompanics deny. that both companies will ciase operations on April 1. Vice | President Lesher of the Pittsburgh Coal Co says the company will continue oprrations “jorever.” D. M. Eva>s of the Terminal Co. is equaily emphatic. Consumers Out of Patience. Puel consamers are out of pa‘ience with the operators and equally. In the last have cost the dispuian: over £14.000.000.000. The are turning eisewhers for their require- | me: than to the coal mines. Ol plaring a larg> part. So is electrinal | encrgy generaled by water power. Tho‘ fuel experis say the coal industrv is| overdeveloped and overmanned and has | zfnfiequale equipment and organiza- | n Eipressed in terms of coal, th> ‘use | ©f oil in the last 10 vears has increased | from $6.000.000 tons to 182,000.000 tons | and the uze of power from water from 35,000,000 tons to 51.000.000. | The new Conowingo Dam on the Sus- Quehanna- River will eliminate use of ¢ %50.000 tons of coal a year, and that | i only one of dozens of power develop- ments now being built. # { According o the experts. the future | of the coal business lis solely in the processing of coal and that develop- | ment is_proceeding siowly. 1 SHOR‘!‘:TERI SECU;H‘IE& 1) Jon 1L 1001, s Vi 1 Saten W by " 11 Deere & Co 4 Ao Sup Mg R 10 Aliron Drug: A 1 Allison Druz R 8 0 K ¥ 800 Vacuum Oil Sales in thousands. Blyn 4 & 1. ow 10N, iy'e il il 5 N & 1 Bullard 1 Camubell T1001 10518 NI piom-Hall Col Graph 1ets Caneol Coneol Film i, Curtis Puh . s Davera Inc ito i 1 Dixon Croemile. ) 180 2 Doehler Die CC77 0 80 W e hCor 100 it 1 i e ni 101 101 100, 10 ] 06 Conl 158 ann hec. o il s Hom & Har ot i Hyzrade Food .. Riv ¢ West T i Waet Vg Hu Pow HETH BONT 0 11 Aeri M Ba 19 Akri M Ba A Hank Prussia s 1 Batavia Pet 4w 108 Brazil 8o i Al A 7% meindWain A et Bh Gt B & Priv Bl 5 ) “rdoh: tnti Ter M1 & Timben A i <ol Lagin i VI o, P % i hren It S Vreight e 2101 Shur 1ereen e % & T uta 10K ¢ 30 Lotierimin Corre 41 «S5553588 iy S MIKING STOUKS &M LU Kb # 3 and tres, 3 Dariy et t kg t & h i NLYKER SHOW ROOMN (1, # ] litn I | it A\‘uh RADIATOR FURNITURE , “4¥ A In Ferind Deaige POk ON CURB EXCHANGE Specialties in Good Demand, but Elsewhere in List Losses Are Recorded. IFFERNAN. BY WILLIAM_F. I | Sprecial Dispateh to The Sta NEW YORK, March 8.—High priced industrial specialttes and numer- ous public utdlities were speculative favorites in the Curb Market operations today. The main body of stocks moved with a good deal of Indecision, sharp gains in several instances befug offset by liquidation elsewhere. Bancitaly Corporation shares at yes- terday’s final prices were up more than 50 points from the low of the year They encountered heavy realizing sales today, which carried the price off more than 4 points. The market having dis- counted the good effects of the Eastern | acquisitions by the company and pros- pects for additlonal special distributions to shareholders, the tendency was to lighten long holdings. American Gas & Electric continued active, coincident with talk of plans for acquisition of utilities power and light, although there was no official fouid ! tion for the gossip. Middle We Utilities now a §7 dividend payer, | attractive at current prices. | Bond & Share was carried forward a ! point or more ) Specialtics, which were thought to be undervalued in view of current earnings, included Crowley Milher and Sheaffer Pen, both of which sold at new high prices. The New Drug class “A” stock dealt in on a when-issued basis, was carried to within a small fraction of its best price of 80%. United States Freight of Delaware, | paying only $3 annualiy, was selling | above 79, up almost 6 points on the day. The heavy demand evidently was pased on prospects of favorable dividend action in the near future. OIl stocks | lost & good deal of their buovaney. The | | demand for pipe line issues evidently | o had been satistied. but Standard | Kentuclw continued firm under 130. FOREIGN EXCHANGE. B Hibhe & Co) hecka (Quotations furnished by W pimal gold Selling ¢ Ty, ndon. ponnd Copenhagen Storkholm TREASURY CERTIFICATES. IRepurted by 1 & W Selig who heard rumors of the and made one for himself. 4 sun A stin H 76 1 Tyrol My A0ln St W Yienna ds WASH YOUR KIDNEYS BY DRINKING WATER | If Your Back Hurts or Bladder Bothers, Also Take Some Salts Flush yonr kidneys by drinking a quart of water each day, also take salts occaslonally, says a noted au- thority, who tells us that too much rich food forms acids which almost paralyze the kidneys in their efforts to expel it from the blood. They ' become sluggish and weaken; then | you may suffer with a dull misery in | the kidney region. sharp pams in the | back or sick headache, dizzines ! your stomach sours, tongue is coat- ed, and when the weather is bad you have rheumatie twinges. To help neutralize these frritating aclds, to help cleanse the kidneys and flush off the " body’s urinous | waste, get four ounces of Jad Salts from any pharmacy hi take a | tablespoonful in a glass of water before breakfast for a few days, and your kidneys may then act finé. This famous salts Is made from the acid of grapes and lemon Juice, combined vith lithia, and has been used for years to help flush and stimulate sluggish kidneys: also to neutralize the aclds in the system so they no longer Arritate, thus often relleving bladder weakness. Jad Saits s inexpensive: cannot injure and makes a delightful ef- lithia-water - drink.—Ad- | gl e The Secret of a Beautiful Home is + + + » CONCEALED RADIATORS Ask your interlor decorator for ideas, and the first suggestion will he~CONCEAL those bare radiators with charming pieces of steel furniture. In hundreds of home, tor Enclosures are protecting fine furniture, exper red heirlooms from the destructiveness of dry heat. And too, protecting health, for Slyker is equipped with a patented humidifier that LYKER Steel Radia- ive drapes Mail € or PPh Wecatur . Velvety nishings. A sensible investment. Investigate now! Mg, 1523 L Ntreet NW., Washington O s SO + itights open for good Representatives ATLANTA, March 8 (Special).—The first export shipment of Georgla water- melons wili_be made this Summer to French commission merchants. _‘The order specifics the 35-pound size. Citrus frult growers expect to increase ex- ports to both England and France. WARREN, Ohlo.—Car orders calling for expenditure of $5,000,000 have been GIVES COTTON BOOST Higher Cables Also Bullish Factor. | Some Selling on Good Weather News, | Ry the Associated Pre re-elected at the annual meeting here lows: Emory L. Coblentz, chairman of (he board: M. F. Riley, president: | yesterday. Oficers were elccted as fol- | Coblentz, | Eatl’S. Thompson, a M. F. Riley. Alexa Armatrong, Henry yrus F. Flook compose the execut Henry Holsapfel, jr.; C. M. Harris, B | commitise o il Holsapfel, ir., ! £ “That Fresh recelved by the General American Tank l Car Co, which operaies a plant at| NEW YORK, March 8 (A)—"The cot- o Co | ton market, opened steady today at an wdvance of 1 to 8 points on higher Liver- pool cables and reports that one of the international trade organizations esti- | mated the world's consumption of | American int cotton for the first half | of this season at 8,226,000 bales. | These figures evidently were glven a | bullish_interpretation and brought in | some additional buying ordors after the | sugar plantation, owned by the Minor | Pening, May selling up to 18.65, and | estate, has concluded a contract with | October to 1818, or about 10 to 14| the International Sugar Co. of New | Prints above yesterday's closing guota- York. by which the former will refine | 10N, bV the end of the first hour. Trad- | 30,000 tons of Cuban sugar, which will| 0%, Was comparatively quiet at the be shipped to the Loulslana refinery. | aivance whieh: mitsectad Seanziae | ; i ; | There aiso may have been a little sell- PONCA CITY, Okla—A $400.000|ing on a favorable view of the early commeretal alcohol plant will be erected | NSreR TSR Ry ITeR Retoltimies e reported covering and ning Co. general buying in Liverpool, and a fair . | cloth demand from India. although DEVELOPMENTS PLANNED. | many nrdvrll‘( were impracticable. = 4 - The market became less active later, NEW YORK, March 8 (P.—E. L.|prices sagging off from the best undes Doheny, president of Pan-American | realizing by recent buyers, ho ap- Western Petroleum Co., announces a | Prared to be disappointed that the buil- 5 |ish view of the world's consumpti $10,000,000 development in Southern atinptlon California this year and expenditure | b oorTorre Ars hall of the season f had not created a more general de- of $20,000.000 in operations ar - | ket Hongs | Tiiey howios OFEntotd FAoie T o [y ney AT KEE vy Petroleum Products Co, a_ subsidiary, | "70¢ 7 10 10 points net higher, has a $12,000,000 program for extend- i ing Pan-American’s retail business on | the Pacific Coast FORT WORTH.— Exporters here have | purchased 10,000,000 pounds of Kafir | corn in the last fortnight for Europcan shipment. Prices named were $1.62 (o | $1.65 per hundred pounds, delivered at Galveston, NEW ORLEANS, he Southdown | INVESTMENTS ABROAD. " g NEW YORK, March 8 uP).-General i Zlectric and the Electric Bond & Share PLANS STOCK ISSUE. Co. are reported contemplating large in- NEW YORK. March 8 (. 1suance | Vestments in the public utllity and elec- of $5.000.000 of 6! per cont converiible | (i€ manufacturing fleld of Great Brit- cumulative preferred stock of the Eit- N Reports that General Electric is ington Schild Co., Inc., an international | cOnsidering purchase of the Metropoli- | fur-dealing organtzation, will be asted | tan Vickers Electric Co., Ltd., were not upon by stockholders Mareh 22" and | denied by officials of the company. public offering will be made by Gold- t - man, Sachs & Co., who will und-r-{ A loblolly pine tree in Louisiana grew write the fssue. ‘The business was <o fast for 10 years that its diameter 4 the Eilington family in | mcreased an average of an inch and a al genera n70, each year, ¢ OU wouldn’t believe milk-chocolate could taste so creamy! Fresh milk with all its cream goes into Nestlé’s until it is richest in cream of all! Delicious for picnics and light lunches. Look for the clean silvery wrapper, red lettered for plain bars—blue lettered for almond bars—5¢ and 10¢. 5] SPECIALS | This Week Only Roasted Flavor” Schindler’s Peanut Butter 1lb. Jar | OUR STORES DELIVER RSB BUSUB BB L B B S A A TR T, FOR INFORMATION CALL FRANKLIN 7059 Afternoon Tea Try SPECIAL ATTENTION GIVEN PHONE ¥ The first man to use a telescope as a | means of viewing the stars was Galileo, instrument . 23¢ | 37¢| 59¢ A SRS AT AT O x Fat Mackerel 8 to 10 Ozs. 10: Blue Label 11/ — Syrup ; | Regular or Quick Oats.Pkg., 11c Cream Wheat...Large Pkg., 24c Shredded Wheat. . .. .Pkg., 12¢ Va. Sweet P’cake Flour Pkg., 11c A. J. Pancake Flour. . .Pk 3 LET THE D.G.S. OWNER HELP YOU SOLVE YOUR DAILY Réady to Fry Eodfi;h. .2 for Argo Salmon. ........Can : D. M. Sardines In Tomate 2 Cane Fort Sliced ; F""»*- 156 LOG CABIN SYRUP Pts. 25¢ Qts. 19¢ Fort Sweet Corn, can. Fort Apple Sauce, 17c . 15¢ FORT PEAS Sifted Little Gem 1Can, 23c 2 Cans, 43¢ i 2 15 I D.M. Tomato Sauce 2....15¢ ! Star Soap.... D.M. Pineapple, Lg. Can, 25¢ | Washing Soda D.M. Fruit Salad .. ..43c { Camay Soap. . Crushed Corn. . .2 Cans, 25¢ Orienta Coffee. .. . .Lb., 50c | Max. House Coffee. .Lb., 53¢ Lord Calvert Coffee .Lb., 53¢ DORSCH’S CORBY'’S HOLMES PIES AND CAKES AT ALL OUR STORES 4 Lbs. 19¢ "SCHNEIDER’S r ’a WALDORF TOILET PAPER, 3 Rolls, 20¢ 1 A Dutch Cleanser, 2 Cans, 15¢ Wisconsin Peas..2 Cans, 25¢ { Argo Starch. . The Original Split-Top Loaf MOTHER’S BREAD VIENNA BREAD. Fancy Iceberg 2 heads, LETTUCE 25cf Ms—— Popularity Through Its Appetizing Aroma 1%¢ ; 17¢ 3 & 25¢ 9 can o Shoe Peg Corn Tomatoes, No. 2 cans Ritter's Spaghetti, can CHESTNUT FARNS MILK, Qt., 15¢ AT ALL OUR STORES Rib Reast, lb., 33¢ AMERICAN BEAUTY Lb. SMOKED HAM. 27c Fresh Hams.. . .. Fresh Shoulders. ...Lb., Chuck Roast...... 4b., Faunce’s Saus. Meat . Lb., 35¢ Auth’s Sm’k’d Saus. Lb., 35¢ Auth’s Scrapple. .. .Lb.. 15¢ Auth’s Pork Roll. . .Lb., 45¢ y e PURE o 2 Lb AR “25¢ Loose or Package f CLICQUOT CLUB GINGER ALE Bot. 1 Sc 6 Cakes, 25¢ .2 Pkgs., 15¢ .3 Bars, 25¢ 3 Pkgs., 25¢ Al 23e 16¢ 2¢ Oc O¢ 11c 50 A M A Ceresota lour w 29¢ 'mblc Pink Salmon.........Can. 17¢: FOOD PROBLEM | prench Mustard. .. ... Jar, 12¢ % g, p g g gyl 2 %