Evening Star Newspaper, August 20, 1928, Page 13

TAR, WASHINGTON, D. C TONDAY. AUGU Money and Prices Star SAN FRANCISCO, August 20.—The | tendency toward larger units in indus- trial fields through mergers and con- solidations is refiected for the first time California agricultural co-operation he merger of the packing and mar- crations of the Sun Mald | Growers' Association and the | California Peach and Fig Growers' As- iciation This merger is not one of corporate light receipts of fruits special Dispateh to The tations for change iast price two groups. - es. rose--so the fiected than Stren n Rey t nd Bethlehem Si s rise, while t was a reflection of fumps Cal Gas & & Ligh more Copyr Children love this delicious bread women vowed never to bake another loaf. Forat last they were convinced . . . the tedious wosry of baking day was no longer necessary! Mother's Bread became the established favorite! Today Mothe:'s Bread is even more delicious an in your mother's dzy. Foreign Prices. Cable advices from London report t the index of wholesale commodity ices in England as computed by Crump steady at 936 last week as compared with 836 a week ago 7 A Vear ago. Ttalian prices dropped to 74.1 as com. d with 743 the week preceding and 43 a vear ago Today's Wholesale Prices. -pound prints. 491,a50 hen- was the most sensation: ea- ten down to 20 cents a pound. which ‘Turkeys. fowls. Potatoes — Supplies aht; demand | Tk ture of the week. however amounted to $7.810.279. and ento- Spring chickens. ht. market dull: Eastern Shore of merger of the distribution efforts of the 200 per cent gain in sh ¥ ¢ ries of finished and unfinished goods 32833, small. 30; Maryland and Eastern Shore of Vir- two ico-operative concerns. The sales roosters, 16: keats, ginia. cloth-top stave barrels Cobblers. an ion of the raisin co-opera X Dressed—Turkeys. | U. S No. 1, 2.00a2.15. mostly around |tive will be utilized to distribute figs | an Activity increase. Sales for amounted 1o 30: Spring chickens, large. 40a4 2,00 and peaches and the interchange of 5, Chrvsler_confinued to be the issue | $88.320.329. comps 3 SARLI062E | dium. 38a40: small. 35a36: Le plants will be possible because the nost heavily dealt among the mo- for the corresponding period of 18 4 fowls, large, 272! o nduc C t tors, while United States and Bethlehem substantial inc » commodity units |} e o i { production come at different Steel were that group's leaders sold more than off the much lower keats. 1.00a1.10 Stores and oils were weakest in group | selling prices Meats. fresh killed—Beef, 22226 trading. due mainly to the large per- Net income from operations before Jamb, 25a28: pork loins, 35a37 centage decrease in the trading value interest on funded indebtedness and hams, 26a27: fresh shoulders. 19a of Montgomery Ward and Armour A. estimated depreciation of plants. but APASKEL Nk ARNS: AMOKed ahonle respectively after all other charges. amounted: 10 | gors 19220 Ia 14: bacon, 24a25. The average daily value of trading | $4.338.7 Production of rubber from = yive stock--Calves, 15'%a16: lambs in common industrial stocks for the pre- | plantations showed a substantial in- | j4q75 i iz sales reported to quote. in the face of an anticipated crop of ceding week was $154.400.000, and for | crease over the like period of last vear 3 | " Sweet potatoes—Supplies light; de- over two and one-half million tons. | the correspanding week a vear ago was and an additional $1.000.000 was added Fruit and Vegetable Review. | mand slow. market steady Virginia, The prospects for fresh grapes, both | $129.900.000. to the net income as from the United | The daily market report on fr Norfolk section and North Carolina. | of table and juice varieties, are The average dally value of tradings | States Rubber Plantations, Inc.. bring- |and vegetables, compiled by the Market | cloth-top barrels, vellows, No. 1. mostly br han f isins, partly because | in all stocks (preferred and common ing the total to $5.338,702 News Service. Bureau of Agricultural | around 5.50 ornia Vineyardists' Association | n;,::cL:"rKnTnbé:gdA- e ‘s%flxenn 000 for i . Economics. says Cabbage—Supplies moderate: demand | has ceded in putting considerable | t ugust 13 v Cantaloupes—Supplies liberal: de- | light, market steady. Virginia. rurai (ord-rliness and co-operation into the Copyright. 1928, by Irving P NEW YORK BANK CLEARINGS. a0t Rtkel dull. Eastern |retreat section. barrel crates, round 'marketing of fresh grapes. It may not . \NE\‘:&’ {obRKic August 20 (Special) - | Shore Maryland, various varieties, jum- | type 1.75. be looking too far ahead to visualize < New York bank clearings, $467.00 bos. 365, 1.25a150; few higher: extra | Apples—Supplies light: demand siow. | the combining of cn-operative efforts SILVER QUOTATIONS. New York bank balances, $102.000.000: jumbos. 1.75a2 00: flats, all sizes, 75a78 maryl‘:r:? dull. Virginia, various varieties. | to include the whole m"lw and raisin NEW YORK. August 20 P er. 59: Mexican dollars. 44! hands over the week be: he mis- | were devaluated on a similar basis cellaneous and rails groups also showed which led $6.237.380 vounre Leghor e g Watermelons o 30835: ducks, Watermelons—Supplies light: demand | seasons Jght, market steady. Virginia, bulk In other words. the same economies | veal, ber 100 melons, Excells. 40-45 pounds <ought by big industry through consol- | average. 35.00. Tom Watsons, 30-34 idations are sought by the agricultural | pounds average, 50.00a60.00 co-operative through combination of String beans—Supplies very light: marketing efforts too few sales reported to quote The whole grape industry is facing Lima_beans—Supplies light; oo few 1 monumental marketing task this year. | THE EVENING | | [A riculturist’s Dollar Gains Value | Commodity prices gained rnnqdrnhl,\l | During Week. ast_week, sending the index over the s i A 26 average of 10 for the first time Farm purchasing power continued its, since June, 1926, This trend has been upward trend last week as farm prod- | almost_steadily upward since the low | iet quotations again held strong. Hos | s L point of 922 was reached in July last T s e et (et SO s B g y i Trading Volume During Week |, Natutally, the purchasing power of | Prize Fruit Is Shipped Here|yere not outweighed by lambs and con California Raisin, Peach and . h will be watched by experts mind- | The increased purchasing power of Registers Increase—Steel il of the increased demand for money From Maryland and | aie Inarensed. DUR Rt sbout by| FigiGrowers Adopt-Cons wnich would normally exert ftself in | non-agrieultural prices slacking off a | b Tumover Large another g)(;n(!v Any continued mi‘-m\:v Virgmg. bit relative to farm prices SOIIdHtIOn Plan. . in the dollar’s buying power will be ! Index numbers 'm purchasing influence Fall credit conditiops power and of agricultural and non-eg- | - X \ations the general whole- SICuItural pHites: for various perlods. e pottiness, with gene wer quo- | ssle price level and in the purchasing | Monotony o . given in the following table in which | most groups ed price "”“h'::l\“’W';:':M“\” ® oN l"“"r e from nearby Marvland and | the average for 1926 represents 100 on N rork Stock Ex- 1S £l Bas this morning was broken by Azricul-Non-aer week. The index of wh inkice t of prize watermelons from the | steels and public uti ore of Maryland and Eastern st 1o St Bl Shore of Virginia A United Very few of the melons recelved this ) morning weighed less than 40 pounds 13 stated, one large melon tipping the o | les at 62'. pounds. An average price 1064 | of $1 was quoted for fancy stock, indi- | Februars s bodies. but of marketing operations. | cating A probably retail price of $1.50. 'y fan.n and is designed to reduce materially the | Dealers received light shipments of | ia4 1800 expenses of sales and distribution for sugar corn (hat was guoted at 25 and ine Pisher.) both agricultural groups and permit the | Ll s return of a larger share of the ulti- | plentiful and in light demand were of- consumer’s dollar to the grower. | aslets, ches $150 for 2-peck | Gonqarg crates, honey dews, Bs to 125 | Being the first consolidation of this| B cnskper foen e prives GOV | 3 354200; faw Higher aaturally is being watched with | i Lettuce—Western supplies myoderate: | great interest by other co-operative | Other Product: demand light, market steady 8 :‘mm groups in \h),} svmvduhf-rr nglrh;:’xllunl} There were very fow lima beans re- | nia, crates, Iceberg type, 4-5 dozen, | co-operation has made great stride: ceived this morning, supplies the latter | mostly around 5.00. few low as 450 | The Sun Maid organization. with its and | PATt of last week having been fairly | Colorado. crate Tceberg type. 4-5 |selllug machinery, the Sun-Land Saley N from play,.vhungry as bears . .. that's the heavy. Most of t vere -in | dozen, 4.00; Eastern supplies light; de- | Corporation, nas been an example of 4 f stock :ron‘\\r‘.l‘qan‘(‘";m‘:(“: n::‘l“')!:\‘ll]\‘\] mand light, market \H‘T;Id\ New York ‘x"‘w‘h!\ co-operation in flxrif‘il""“ time children love bread and butter and \vr|; o mm\! heated that they were :-r(l:‘m n N:;l(‘\ ]:nglnln:!n()‘\ l;]‘:i lw‘v: ;m' its n‘m has hl-lvn \t(l"uck durimgi the strawberry jam. rendered worthless nions—Supplies light: demand lizht, last couple years by adverse winds in AP Vst The few beans dealers received this market steady: Massachusetts. 100- | the form of seemingly excessive produc- Give it to them, Mother, but make sure the morning were quoted at $2.25 and $2,50 | pound sacks vellows. U. 8. No. 1. 2.50 Despite efforts, last year's bread is nourishing and wholesome. You il find - 5 > (5 bust shelled stock 1 3 a 00-pound sacks yellows U s in erof 285.000 tons was <~ . 3 TR s G SL 10 oonndsic o e e none bettet than Mother's Bread . . . the bread Aorit averaze : U. S. RUBBER CO. WRITES | apples continued plentiful and | Peach n:;::;\miu»\' Ir;l\n‘l;\\ "lvv‘l:'w‘. fucers, t nu:,r;‘vh, output \;'::":‘q;‘ducnm that won your own mother years ago If you could only watch us bake it, you'd S avers ap. moderate. market s th Caro- | by tho marketing of over 3 tons S quickly } : the reaso v g i DOWN ITS INVENTORIES | ““Market conditions were slow to drag- | !ina, bushel baskets Elbertas, U. S. No. | of raising grapes as fresh fruit. This Thitty years ago as you know, Madam, most quickly know the reason. bidd 1 MERERS gy, the light receipts being ample large size. ripe. 1.50al ® mostly | year's higger crop. estimated at all bread was baked at home. We use the same nourishing ingredients N ? e meet demands. Prices of most com- | 1.50: medium size, ripe, 1.00a1.25: sixes. 000 fresh grape 5 s e o K i 3 . . tax > NEW FORK, Avg modities this morning wkere substan- | Belles, U. 8. No. 1. medium size. 1.00a 1 a big holdover of raisins, The women of Washington spent hours in you'd use in your own Kitchen . . . the highest 2. 27 ) s Rubber Co. g 5 28 'V 1 ) f : ey . o LR report 1iKusd vest oAl [tially the same as prices quoted Sat- | 123 ';;”*1"‘ 101 Virgle bushel bas- | off marketing problem of tremen- | the kitchen . .. mixing, kneading, setting, bak- grade flour . ... the f nest-grade shortening. And . " . e e wrote down 118 | yirdiy kets Belles S. No. 1, large dous proportions. » - B s i by $16e 9 as of ,:\xmfl' 1.5021.75; bushel baskets Carman Lower raisin prices. forced recently ing. They longed for a bought bread to save rich, wholesome mi week {0 register an average trading val- | 30 in order to devaluate its stock 0 el & b, . 0D Rk D ently | Y s e of more. than $180.000.000 & dav crude. finished goods and goods in i sl O ane gk, | e e o pa e them all this drudgery. But no ordinary bread Just order a loaf tomorrow and test it fpr hf‘f‘-"'“‘-\f(' to gain S e Srp il ertoey — w("rkrd 28 market firm: California, boxes Ba ticipated 1928 crop, have caused a | would satisfy those exacting housewives! yourself. See how your family like it. Notice volume. showing & er cent increase prices from to 19 cents selected, 33a34 fancy, large size. 3.50° medium size. | reorganization within the co-operative ow thi a t! er, ov e week before. The steel group — Crude rubber in ories were writ- receipts, 28a30 3.25 d Striet retvenchimsht in ,.ih,m'" Then Mother's Bread went on sale. Here how the children tz ke to it! Am:‘ remelinl"» ' policy will be strengthened by the was a bread as good as the finest home-baked it is so wholesome you can give them all they bread . . . delicately flavored, tender, delicious. ~ can cat Women were delighted with it! Just say Mulhvcr s Bread” to your grocer, Slowly at first, then by the thousands they — Madam. Itisfresh fromourovens twice every day. turned to this delightful new bread. And many Corby’s Bakery; Cc inental Baking Company. A Cordial Invitation The Corby Bakery is always open to inspection, and tisitors are cord: Won't you come in and see for yourself just how Mother's Bread is made? illy welcomed. g Lz —Bar | New York Federal Reserve balances, | miscellaneous melons, supplies limited. | medium to large size, 1008140, best industry or even larger groups of fruit £04.000,000 demand light. market California. mostly 125 | hether you plan to throw ! 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This prided model carries all the Today present the initial pay- | offering by v easily o ment on this s Pierce-Arrow is aimed to make the terms as ay's prices. s prices are lower than ever before known to cars of Pierce-Arrow manufacture. From 32475 to $2950, at Buffalo. Your present car will be accepted at fairly appraised value. This will apply ag nst down and monthly payments which make Pierce-Arrow ownership surprisingly easy. “Pierce-Arrow Prestige Justified by Pierce-Arrow Perfection” DAVID S. HENDRICK 1141 Conn. Ave. Service Station Ontario Garage North 2686 1700 Kalorama Rd,