Evening Star Newspaper, August 2, 1928, Page 13

FISH TRADE BRISK DESPITE WEATHER - Dealers Have Attractive ! steady. |a.1.25. Miscellaneous melons—Supplies | { moderate; demand light, market slight- | {1y weaker; California, standard crates, | 1.50a1.75 0 8s a dews, i ripe, soft, ern supplics light: _de- market steady: Cali- Tceberg type, 4, 5 dozen moderate, _de- New York Supply at Low Prices. Watermelons Plentiful. Virgini quality large fine e. demand nedium size, jemand light 0. “ BRITAIN AT CROSSROADS IN POLICY ON TRADE ! YORK. it Special) and for- of unem- Great conditions and make at the crossroads— she take? | POREIGN SALES OF COPPER. NEW YORK. August 2 Foreign sales of copper in July were well in s of those in the domestic mar- > WEST TAKES LEAD |Former Process Reversed as Grain States Provide Call Loan Funds. BY J. C. ROYLE. Westward | way ummer stward espe- today WMo the and La | Reserve member North and South and Montana shows they 1t to about one-fifth of the total present one-fifth of the oans total about $1,000.000 1 the total of commercial e four 0. loans of the es_total about r has been This has needed funds n the pended n Great sums community nu} t vide cash ial session. Then shortly the farmers started piling if and ops made ast few years the stores of | wns have been placed on v settiement basis. ‘This has le by diversified far ly dairying products h ¥ or mor S bilis as he we » SO NU- 1 piling up | fi al institutions. The bank- ers have learned a lesson of caution and almost lean bac reports show as { deposils carri prve: Deposits in the Western territory. ally decline in the Spring and now are heavier than they were last Winter. | ® loans, even on a most in liquid cash re- bankers who he | Frank H. Ginn of Cleveland, attorney e | clared the acquisition of control of the ’ h is needed for crgp movements. The reserves are high and nt the Minneapolis Fed- k s not raised its n Mitchell of be known that bank does not intend discount rate. INONEY SUPRLY rd in efforts | s. have lost much of | conditions in other areas force it to do_so. With beef cattle selling around $16 a hundred and hogs and sheep at highly profitable quotations, the busi- ness outlook of the Northwest is bright except for low wheat prices, The rela- tive prices of wheat at Minneapolis and Winnepeg have tended recently to make the protective tariff against Canadian wheat ineffective. The crop year which ended at mid- night July 31 yielded approximately | $783.000.000 to the farmers of the Northwest. ‘This does not include fig- ures for returns from beef, sheep or poultry, so that this sum represents about” three-quarters of the total in- come for the district. This is $116,000,~ 000 mpre than the previous year and i what & money power the hwest and the other farming com- can be in the domestic and | { industriail financial worlds. \W., B. & A. REPORTS LOSS FOR FIRST HALF YEAR| BALTIM®ORE, August 2.-—The Wash- | | ington, Balttmore & Annapolis Elec- tric Railroad'| reports for the first half of the year a geficit of $69,533.30. This compares with, @ deflcit for the cqr- responding perfpd of 1927 of $9,649.79. The company out operating expenses $16,046.57, but a\shrinkage of $78,008.60 | in operating rrve&ue resulted in a loss | of $61,962.12 in mot operating revenue. The consolidated income and profit and loss statement for the six months ended June 30 is a8\ follows: ng Increase. 11,205,684 a8 *178.008.80 ex- d Pet 020208 84\ *10.008 57 2164000 RN £203,571.13 ¢ 5.547.03 | $209.118.16 bonds and notes . Miscellaneous deductions $268.450.30 10,192.18 *16.28 5132248 Total dedue- tons ....... 3$378,651.46 Defleit for the six _months.. $69.533.30 *$50,883.510638. *Decrease. RAIL PURCHASE ifnaen.\ | C. & 0. Stockholders’ Chairman Ad- vocates Virginian Purchase. RICHMOND, August 2 (#).—Im- mediate steps to acquire control of the rginia Railway, rather than the con- ol of the Erie and Pere Marquette systems, were urged upon officials of the Chesapeake & Ohio Railway in letters made public yesterday by George S. Kemp, chairman of the stockhold- ers’ protective committee of the C. & O. In a letter to President W. J. Hara- | han, Kemp urged that the C. & O. di- vest itself of its stockholdings in the | Erie. Another letter, addressed to for the Van Sweringen interests, de- | Virginian would be better for the Ches- | apeake & Ohio than acquiring the Pere Marquette, PARIS BOURSE PRICES. PARIS, August 2 (#)—Prices were firm on the Bourse today. Three per |cent rentes, 67 francs 75 centimes; 5 per cent loan, 92 francs 83 centimes; exchange on London, 124 francs 13 tentimes. The dollar was quoted at 25 francs 56!, centimes. A NEW, ‘type of tire is here for,those who de3 mand the best.' Its first cost is slight- ly higher, but it gives vastly great- er mileage, and luxurious freedom from tire'trouble: MICHELIN 6 PLY HEAVY DUTY PErir much more rubber~much morem.ileage Ask Us for Name of the Nearest Michelin Dealer Michelin Tire Company 314 Eye Street N.E. Phone Atlantic 3305 Listentoth eMiéhéHn'l':ttmen-,-’WjZand theBlue Network—every Thursday~10p: m.Bastern DaylightTinve e ( ONE-THIRD OFE ' Oftentimes one-third does not mean so much. It depends upon the intrinsic value and original price marked on the _/ merchandise offered. I TS 1018 JUNIOR J[ Being direct buyers and importers from the mills, saving our customers the middleman’s profit, means a conservative saving of 3357 from the prices that we would be compelled to charge had we confined our purchases through regular channels. After deducting another 3349 from our regular prices, this virtually means two-thirds off of their actual value, a reduction unheard of in tailoring. Values that cannot be offered elsewhere. ALL FOREIGN AND DOMESTIC SUITINGS (Comprising all the advanced styles and latest arrivals in light, medium and heavy weights. An oppor- - tunity that you cannot afford to pass up) agamak HAND CUSTOM TAILORED TO FIT WITH STYLE ]yg OFF Regular $47.50 Suits, Regular $52.50 Suits, Regular $57.50 Suits, Regular $62.50 Suits, Regular $67.50 Suits, Regular $72.50 Suits, .$48.34 Regular $77.50 Suits, .$51.67 Remember V4 Off The highest standard of clothes excellence and Hand Custom Tailor- ing combined with fit and style that cannot be surpassed even by the Fifth Avenue Tailors of New York City. We say this with sincere assur- ance as we have now associated with us designers, cutters and tailors who are without a peer in the country in their particular profession. e W. M. FREENY CO., i \ IR R AR nrn b .$31.67 .$35.00 .$38.34 .$41.67 .$45.00 Now.... Now...... NOW:. ..o swiminss 30 OTIGON NOW_... oae nATeATT NOW. . .p'..-‘_'c‘p'sp:!:. Now:... .o INOWE ..o s R T AT Tailors and Direct Importers of Exclusive Woolens 611 14th Street, Near F T 2l Our Master Craftsmen ond Onesdasraft fur- witure is all reduced for this evens. & The items shown here ' are only a suggestion of the wealth that fills aar %,OUR TREMENDOUS AUGUST HOME FURNISHING - SALE bas started . . . (Z/olm:e acquainted with our semi-yearly Sale know its great money saving passi- bilities; many others have yet to visit us and enjoy the opportunity. To all we offer a sincere invitation, confident that the values they see here will show them the cconomy of purchasing during this great August event. ¢ WIDE SEAMLESS CARPETS NARROW CARPETS LINOLEUM ORIENTAL RUGS IN ALL SIZES DOMESTIC RUGS \ « W.&]J.SLOANE ~ 1709-711-713 TWELFTH ST., N. W. WASHINGTON, D. C. STORE OPEN FROM 9 A. M. TO 3:00 P. M. DAILY, CLOSED ALL DAY SATURDAY DINING Slaane Endersed Merchandin ROOM BED ROOM GROUPS Carries An Asuuronee of Savifavivn GROUPS Charge Accownss Comronmntly Arvamped ‘-\ CHESTS \ SOFAS ‘' CHAISE LONGUES MIRRORS FOOTSTOOLS Everything Shows The August Sale Reductions \ END TABLES - SOFA TABLES BOOKCASES - LAMPS FABRICS - CLOCKS EASY CHAIRS SECRETARIES DESKS e AT (ETTTTTErTTE T I T TTFERTER TR