Evening Star Newspaper, August 29, 1928, Page 12

12 EVENING STAR, WASHINGTON, 1, €., WEDNESDAY, AUGUST 29, 1928.° [BUTTER PRICES HIGHEST | SINCE 1920, SAYS REPORT Special Dispatch to The Star CHICAGO, August 29.-—Butter prices the moment are the highest since MARKET RECEIPTS | attained by dairy industry this ye | at the Sweet Potatoes. Peaches, Cantaloupes. Apples and Grapes Are Plentiful. e appearance of 70-cent butter af | deifcatessen stores in New York has just | called attention to a situation in the | process of development throughout the | vear. While large distributors stiil are | selling the product at from 51 to 5 | cents a pound retail, the pr sharp advance later on in not minimized Increased T In explaining why prices now are 6 i e " ! cents above those of a year ago. officials from the surrounding country Was one f of the Chicago Mercantile Exchange. of the features of the business along |the country’s principal futures market the wholesale lir B strect this | for butter and eggs, say that there is hornin t " annles. veaches | @ real shortage. Storage stocks now are morning. Cantaloupes. apples. peaches | dycit 55600.000 pounds, or 15 per cent and grapes also were plentiful, but | t under year. alers reported conditions exceptionally | Fanc: Extra butter is selling at the av e ey car to wholesalers in Chicago at 47 dragey and buyers few and far between. | yoy¢“ang in New York at 48 cents owers also had increased quantities | Milk prices paid dairvmen have been orn to of le: s being | holding around the highest since 1920 hose quoted yesterday. Some | With Wisconsin farmers expecting to received this morning | feceive more than §2 a hundredweight | been gathered last week, | for their raw milk every month this | and _such | yeer 5 cents a dozen. | quoted at 20|in ipts of sweet potatoes | | on | | T reta k of this situation is a condition the industry attributed to highe feed prices and rather poor pasturage | conditions. Feed was scarce and costly last Fall and Winter and this S cold and dry weather made pasturing unsatisfactory. Milk production W lowered as a result The present high prices are said to to creamery con curtailment in con no indications have shown as yet String- gh, 0 a bushel basket continued scarce 1g them at $2.50 a bu Tomato Prices. irly p! « ntiful ntry bust OF CROP FORECASTS ' beets were hel baskets of © and $1.25 vegetables wer: s quoted ye: ay upes, deprived of much of | eweetness by rains, were offered | om 50 cents to $1.50 a crate. Grapes nearby stock | By the Associated Press. and country! ST. CLOUD, Minn., August 29 iful at prices ranging | Abolishing crop forecasts, on the ground 0 cents to $1.25 a bushel that they are on the whole a detriment 1 pears continued plentiful and | to the farmer, is urged by the Catholic | heap: -The demand for them was not| Central Verein of America in a resolu- | k. however, owing to large supplies | tion adopted last night ‘The verein | cheap prices of other fruits. Sur-| went on record as concluding that such s stock Wwas P storage to be | forecasts are of little help to the farmer when_other are not so0|and harm him because of their effect iful. Peaches rby farms on the market sold at about a 1, £ In a session devoted to resolutions | ock from distant places s the organization condemned use of the | T o | injunction in labor disputes, said en- | forced idleness of workers was unfair | .. ... |tothem and urged the Federal Govern- 50a51; | ment to give attention to the welfare of the American Indian W.. B. & A. REPORT. Figures for July Show Drop in Op- ! Catholic Verein Says They Are Lit- tle Help to Farmer and Have Bad Effect on Market. Tu! ng around Today's Wholesale Prices. Butter—One poypd prints, tub. 48a49; store pdcked, 30a32. Eggs—Fresh, selected. 37a38 38a40; current receipts, 33. oultry, alive—Turkeys, 25 hen- 25; fowls, | large, 28: Spring chickens. large, 3da | 35; medium, 32a32; small, 33; Leghorns, | ung, 5?&6?. I owls, small, 28a30; Spring | erating Revenue. 42a43; medium, 40; _ BALTIMORE, August 29 (Special) — 7. capons, large, | The statement of operations -of the | 5 5 ducks, 20a25; | Washington, Baltimore & Annapolis keats, young. 80a1.00. | Electric Railroad and subsidiaries for Meats, fresh killed—Beef, 22a26; veal, | July was as unfavorable as any of those 29225: lamb, 25a28; fresh hams, 28a29; | Which preceded it this year. Operat- Tresh pork loin, 40: shoulders. 20a21; |ing revenue was less by $21.209.96, or smoked hams, 28a29; smoked shoulders, | 9.57 per cent. than for the correspond- 19a20; bacon, 24a26; lard, 15 ing month in 1927. ive stock—Calves, 15'2a Saving in operating expenses amount- | 14al5. -éfq 2%4?-1“ 83. Gross income dropped Fruit and Vegetable Review. The balance applicable to interest and The daily market report on_fruits | miscellaneous items failed to cover the and vegetables, compiled by the Market | requirements by $9.437.68. Compared News Service Bureau of Agricultural | with a year ago, the deficit showed an Economics. sa: & | increase of 237.78 per cent. The show- Cantaloupes—Supplies moderate: de- | ing for the seven-month period also mand light. market steady; Maryland | was unfavorable. After deductions and Virginia, open tomato crates, va- | therc was a deficit of $78,970.98. This rious varieties, mostly Salmon Tints, | was $76,170.82 more than the deficit for 1.25a1.50. Miscellaneous melons, sup- | the corresponding period in 1927. plies limited, demand moderate. market | The poor results for the month of sbout steady: California, standard | July and the seven months are at- crates, Honey Dews, 2.0022.25, few high- | tributed to bus competition and opera- er: Persian melons, standard crates, 6s, tion of private automobiles 3.003.50; jumbo crates, 4s, 4.00. Lettuce—Supplies of Eastern stock | light; demand light, market slightly | weaker; New York, 2-dozen crates, Big | Boston type, best, mostly 2.00: fair quality and condition, 1.50. Western | stock, supplies moderate: demand light, market steady; Colorado, crates, Ite- berg type, 4-5, dozen, 4.7585.00: Cali- 6 lambs, i % | BIG MOTOR SHIP TO SAIL. “ Italian Vessel Is Largest Craft of ! Kind in Sea Service 4 Cable advices were received today | fornia, crates, Iceberg type, 4-5 dozen, from Genoa by the Navigazione Gen- | 5.00a5.25. erale Italiana stating that the world's | Onions—Supplies light; demand light, | largest motor ship, Augustus, will sail to- | market firm; Massachusetts, 100-pound | day on her maiden voyage from Gpnon‘ sacks, yellows, U. S. No. 1, medium to | to New York. With a gross tonnage of | large size, 3.00a3.25; best mostly 3.25 2,650, the vessel exceeds the next| Peaches—Supplies liberal; demand | largest motor ship by 9,000 tons and | lght, market slightly weaker; Maryland the biggest vessel ever to be con- and Virginia, bushel baskets, Elbertas, | structed in Italy and owned in that U. S. No. 1, large size, 1.75a2.00; me- | country. She will replace the steamship dium size, 1.50; U. 8. fancy No. 1, large | Duilio in the company's regular service | gize, 2.00a2.25; medium size, 1.75a2.00; | between New York and Italy. i bushel baskets, early Albertas, U. S.| Fitted with accommodations for 2,112 | No. 1, large size, 1.50; Maryland, bushel | passengers and with officers and crew baskets, Belles, U. 8. No. 1, medium to | numbering over 500, the vessel has a | large size, 1.5021.75 | total complement of about 2,700. | Pears—Supplies moderate; demand | Many innovations have been in-| slow, market dull; too few sales re-| cluded in the appointments of the Au- | ported to quote. | gustus, whose top deck is fitted out ex- i Potato Prices. | clusively for recreation and includes a swimming pool, tennis court and all | Potatoes—Supplies moderate: demand | the gymnastic equipment f { Yight, market dull; Eastern Shore, | large ocean umes e s n R Maryland, cloth-t barrels, Cob- & FIRM REORGANIZED. GO, August #).—The H ard Co., corsei manufactures undergone reorganization, in- creasing its capitalization to 500,000 hares of no par value common stock and changing its name to the Assoclated Apparel Industries, Inc | ew corporation will be the op- : company for the H. W. Gos- | sard Co,, Nature's Rival Co., the Jack- | son Co. and the Modart Co., each dis- tinct divisions of the controlling or- | ganization. | The new capitalization does away with 5730 shares of preferred stoek at 4 par value of $100 a share, and in- creases the no par common stock from 200,000 to 500,000 shares ICAGO DAIRY MARKET. Butter 1a a mode ) Meryland, bushel Supplie dull hampers, Apples liberal Yight, market Maryland and V bushel baskets, various vari size, fair to_ordinar Mary- | large size, good quality and condition 150a175; Virginia, bushel baskets, Smokehouse, medium ize, 1 00, Cabbage—Supplies liberal ght, market dull; Virginia, Rur barre] crates, round ork demand Re- 1 i CH receipt v, 29 POTATO MARKET STEADY. CHICAGO, August 20 (&) Receipts, 67 cars; on track Irish Cobblers, | ca, sacked, Irish Cobblers, 5a1 25, according o quality and con- dition; Wisconsin, sacked, Irish Cob- blers, 1.15a1.25; Minnesota, sacked, sand Jand Oblos, 8595 HARDWARE OUTLOOK W YORK, August 29 (/). — The sac s begir general When ocean liner was recently docked at Tilbury, England, after lying for several years off Southend, 100 tons f mussles were_vemoved from its hull CHEAPEST WAY TO BUY FLY TOX Timely hint to save money EW YORK cigarette output Millions of people everywhere are ding relief from flies and mosqui- thru the use of FLY-TOX, Many welcomed this suggestion of the best advantage Steel Wool in the Kitchen o nd hiave wool buying 10 was first used ood, but Amer e manufacture of steel 4 in Ge seraping manufac ved the pr nger compete Ly finding ne thus enlarging present time el 1 mi half pint bottle 15 priced at pint bottle at 7he brings 3775 a half pint, The 1 $1.25 brings the cost pint while the gallon at 25¢ & half pint hottle a h $4.00 cost done largely uses fop the product, | demand At the alf “of _the | the gitchen ' Accept no substitutes, demand the gennine — Advertisems 1o scrapisy |be found napping. Che 1 pmmrmp] imr that day. | American railrond leaders, complain- ASAID TOFARNERS =72 ig Four” of the British rail- re before complaining too loudly. S elix Pole, general manager of Georgian Says Problem Will Not Be Solved Until 5.000,000 Quit Soil. the Great Western Railway Co., said | recenily that the “Big Four” of British | railroads are losing roughly an averag: of 5,000,000 a month. He attributes the eondition to three factors—the | industrial depression which has gripped | England for several years, especially as lit has affected the coal industry: to | the wage burdens imposed by the gov- | ernment and finally, to motor transpor- | | tation competition Should the two largest Chicago banks the Continental Bank & Trust Co and the Illinois Merchants' Trust Co e, it will take close figuring to de: BY JOHN F. SINCLATR. | spatch o The Star and the North | merican Newspaper Alliance. NEW YORK, Augu Dr. M. P.|mer ? 0w of | termine whether the Chase Natio Jarnigan, Georgla State College of | it WAL eyl be i second Agricultur ys the farm problem will| place in the United States, or whether 1ot be solved in the United States until | the New York bank will give way to the 5000000 more farmers quit and move |new Chicago giant. The National City | into the cities | Bank of New York will still maintain | Henry Ford has expressed the sameits place as the largest bank in North idea in different words. He believes|and South America that some day the farmer will work| The merger of the two Chicago banks his place and be employed in factory | when completed, will bring together re- work at the same time. | of over $1,000,000,000, deposits But to return to Dr 4 almost $900,000,000 and capital and palance will be struck in the United | surplus of $10,000,000 on the present when at least 5000.000 more | by ve turned industrial worl » says. “They will then ce flooding the market with products which they receive inadequate But other factors, sometimes mentioned, enter into the prices farm- Special D! Ab | Jarnig year the Continental Bank & Trust Co.’s net earnings were $7,452.000 | equivalent to 29.81 per cent on its then | cap: ation of $25,000,000, and 10.46 | rely | per cent on its then average invested {mpmn The Illinois Merchants’ Trust ers receive for their products. | Co.’s net earnings were almost as good, | The development of the harvester {peing $6,872.000, equivalent to 45.82 per Hust 5 Some 30.000 of | cent on its then capi ation of $1 esenting about 000,000, and 15.16 pei t on ifs aver nthe Southw s fhvested copital Not only the effect been to the vield of wheat. but there great reduction in the num- ber of men needed on the farm The combined harvester—a machine which cuts and h: s and thrashes the wheat at the same time—has revolu- tionized the work of wheat production he same time it has aggravated the marketing situation be rage space on farms is not adequ to permit farmers to practice orderl marketing. The Kansas City market, for instance, in July of this year received 35.400,000 | bushels of wheat, as compared with 18,800,000 bushels one year ago Chile has decided on a good roads program. Shortly it will float a $10.- 000,000 bond issue with which to begin construction of a real system of con- crete highways. This just the b inning. Chile plans a complete tem of . highways to cross the count n unning about 85 per cent of the pacity the Chicago district. abos per If we consider the United States Stee Corporation and all its subsidiaries, the gures show the mills are running at 77 | e | per cent capacity. The iron and steel market shows evidence of growing strength in virtually all products, from | finished steel to semi-finished products and primary materials, says the Iron Age (Coyright the at in steel mills are busy. 1928, by North American New paper Alliance ) DU PONTS BUY FILM ISSUE. NEW YORK, August 20 (). — Tl | Dupont interests are reported in Wall | Street to have acquired in the open | market a substantial stock interest in | the Paramount-Famous-Lasky Corpora- tion. It is understood that this step in all sections. The work will take|foreshadows an expansion of the Du- years to complete, Chile believes that|pont film interests. E. I Dupont De- a very large number of North Ameri-|nemours & Co. owns a majority of the can tourists, in the future, will visit'stock of the Dupont-Pathe Film Man- South America, so does not expect to ufacturing Corporation of Parlin, N. J | whereby | ste: Commodity News Oil. SHREVEPORT, La., August 29. small well producing 150 barrels of oil ! duction Six nhew Arkansas 1932 bars average daily pro- fell off 206 barrels to 30.550 wells were brought in in with an_initial city of Daily produc- tion, however, fell off barrels to 96,976 barrels. One ge gasser was brought in in North Louisiana t week., when the Dairy Products. SPRINGFIELD, Mo.—The Producers’ Creamery, costing $100,000, and equip- ped with powder milk equipment, h opened here. Production will aver 120,000 pounds a day. Lumber. NEW ORL ern Lumber Co with the Finkbin of D'Lo, Miss, and a new company has to take over the redwood, d sawmill interests of the Finkbine-Guild company. The deal ic d to involve property valued around 7.500,000. The new concern will be own as the Southern Redwood Co Through this deal the Great Southern is assured of ample securities of red- wood to keep its mills running to c pacity until its supply of yellow pine is replenished through reforestation oncluded a deal suild Lumbet Rockford, formed mshi y ' auction of Georg has pounds nts per pou 144, The first four weeks of the 1 ) sav of 51 234 498 pounds a $10.281.000. A 1928 crop v $1,000,- dis- 50 per cent increase has brought the grower 000 less and caused atisfaction NOTE ISSUE AWARDED BALTIMORE. August 29 (Specia An fssue of $75.000 Cily of Cumber- land (Maryland) 4', per cent serial flood prevention notes has been awardec a local banking group composed of Strother, Brogden & Co.. Mackubin Coodrich & Co., and the Continental 1929, to the same date sive Motion picture patrons of the Islands prefer American to films and are resenting the effort to ¢t down on the showing of pictures from this country. from Augus in 1933, incli 3| one | s brought in in Louisiana during the | The Great South- ! 0. The notes mature $15.000 annually | 1 | U. S. FREIGHT LOADINGS. ‘ Increase Is Shown in Week Ending Aungust 18. By the Associated Press Loading of revenue freight for the week ending August 18 totaled 1,036, | 905 cars. This, the American Railway Associa- tion has announced, was an increase of | but a decrease of 9,923 cars below the same week in 1927 Miscellaneous freight loading for the | week ending August 18 was 414,285 cars, lan increase of 8,058 cars over the cor- | responding week last year: coal load= ing, 160,720, decrease, 12,723; grain and grain products, 61,170, increase, 7,125 live stock, 25521, decrease. 4.013; load- |ing of merchandise in less_than car load lots decrease, 5,524; forest products, 66,011; decrease, 3.920; ore, | | 64,228: increase, 1,326, and coke, 9,188; decrease, 252 INCREASED RADIO SALES ARE EXPECTED BY TRADE | { | | Se N tim: | re is ot | which | have al Dispatch to The Star. YORK. August 29.—Trade e es are that the potential radio eiver market in the United States | 000,000. ‘This is based on estimates | 850,000 homes in the country, of | only 7,500,000 are calculated to | eceiving sets. Naturally the in- not anticipate a “seli-out” {to all homes, but it does expect that installment. selling will go a long way | toward equipping a fair proportion of them. They point to the progress of | the automobile industry, ascribed to no | small extent to the deferred payment purck The “trade-in” plan also is Dbeing adopted by radio dealers and is tending to climinate antiquated sets. dio's appeal to the people can be tics, only approxima- t that there are at present. some listeners. In 1922, when broadcasting made its debut there were 75000. The next ye: 2 the total rose to 3,000,000; in 1924, 000.000; 1 15,000,000; 1926, 20,000, 100, and 1927, 26.000.000. Receving set somewhat different trend. Strangely enough, the number of factory-built sets in 1925, about 2,000,000, was far greater than that of last year—1350,000. In 1922 some 100,000 ‘sets were built at factories. The following year there were 250,000; in 1924, 1,500,000; 1925, 2,000,- 000, and 1926, 1,750.000. | PARIS BOURSE PRICES. PARIS, August 29 (#).—Prices were | | firm on the bourse today. Three pel | cent rentes, 68 francs 5 centimes; | per cent loan, 94 francs 10 centim | Exchange in London, 124 francs 30 | centimes. The dollar was quoted at 25 | francs 61 centimes. THE - NEW RICGIDAILRE YOU DONT HEAR IT START - - YOU DON'T HEAR IT STOP YOU DONT H EAR IT RUN 12,463 cars over the preceding week, || 1 | 10.- manufacturers took a | City in July were $1,048,998. Operating expenses for the month were $352,695, BALTIMORE, August 29 (Special) — | making net operating revenues $196,303. Operating revenues of the Chesapeake | according to the statement just filed ind Potomac Telephone Co. of Baltimore | with the Public Service Commission. ~ Why Not ave Money on Quality Food # Every Day We Don’t Offer Music or Flowers, But The Best Food At L o west Prices Telephone Company Revenues. Read Menu Below and Note Our Prices 1 It STEWS Old-fashioned Beef Stew wi new vegetables . Veal or Lamb Stew. ' Liver with onions and potatoes.25¢ ROASTS Ribs of New York Beef mashed _potatoes and . gravy 3 with’ e dressing 30e oast Lamb with new peas......30c Roast Loin of Pork with new sweet potatoes ... oreeBe Half Pried Spring Chickens 0c All kinds of Steaks and Chops. ~ALADS | Chicken Salad with mavonnaise dressing a5e almon Salad, mbination Saiad CEREALS All individual cereals with milk..10e With pure cream ..15¢ Delicious Electric Baked Waffles..20c Hot Cakes 10¢ (Served with butter and pure ‘maple syrup) Two Eges. any style Ham or Bacon and Eggs th ...20e Prime w deliclous 13¢ | Ronst Veal F home:miad FRUITS Finest Home-grown Cantaloupe, half - ‘10e Honey Dew Melon Sliced Tomatoes DRINKS Coffes with Vegetahle with spri and crackers Delicious Clam Chowder FISH baked or broiled 25 ng vegetables ¢ R 10¢ | Delicious pure cream Iced Tea Milk Fried Halibut, i Buttermiik with potatoes Self-Service—No Tip Modernized and Attractive White Palace Fafeteria 314 9th St. .. (We Have No Other Branch Cafeteria) Doors Pa. Ave. Don’t miss the special demonstration - - all this week HO ISANDS of people have seen our special demonstration of the New Frigidaire. Thousands more will see on Thursday, Friday and Saturday it of this week . . . the last three days of the special demonstration. See for yourself the conveniences th at women everywhere are talking about; the smooth rounded corners of the seamless porcelain enamel lining; the removable shelves, all at conveniei nt height to climinate stooping; the beau- tiful cabinets finished in white Duco or white and Glacier-grayporcelain enamel. And above all check for yourself the incredibly quiet operation of the New Frigidaire. You don’t hear it start. You don’t hear it stop. You don’t hear " without sacrific achieved g any Frigidaire’s surplus ice-freezing pow 4 14 the reserve power which provid wafe deg Pre-tested automatic refrigerator That the New Frigidaire might be quic powerful, convenient, dependable, great many tests and experiments ha FRIGIDAIRE CORPORATION OPEN EVENINGS UNTIL 10 PM X 1. And this quiet operation has been -ndable refrigeration under all conditions. The New Frigidaire has even . . . under all conditions. it been carried on over of Sound-proof rooms strueted. er have beent used . . .1 The operated for days perature of 100°. Tt} s filled with steam. es the human ear long periods in room ound recording instruments experience Frigidaire has gained in the production of more than 500,000 instal- lations, make the New Frigidaire truly A pre= tested automatic refrigerator. See the New Frigidaire for yourself . . . today Ve want you to see how much time, work and worry the New Frigidaire will save y ou in your own home. We want you to see for yourself the dozens of uniqu e new features that speak for themselves of patient research and ex« perim lastsal ent. The special demonstration 11 this week. For your convenience we are open each night until ten o’clock. The Fri a number of years. have been con- nore delicate than in this ew Frigidaire has rooms with a tem- 1as been tested for Special automatic test machinery has 1. been used to open an a doors thousands of ve WASHINGT( Ave. N.W. Such extensive tests coupled d close the cabinet times. ith the IN BRANCH Low prices and easy terms igidaire Corporation believes that every household in America should have automatic refrigeration . . . for health . . . for convenience for ecconomy. The New Frigidaire carries low prices and easy General Motors terms. Come week and find cut about them. Note that the shelves of this New Frigidaire cabinet are Frigidaire enginoers made it possible to conceal the com- pressor completely .. . ina separal. compartment at the Lottom of the cabinel . . . or eveninthebasement if desired. OPEN EVENINGS UNTIL 10 P.M. Phone Franklin 7157