Evening Star Newspaper, April 22, 1929, Page 12

FIN CLIN CONTINUES ONCUR EXCHANGE Buying Operations Broaden Out—Utilities Features in Trading. BY HARRY I. BECKER. Epecial Dispatch to The Star. NEW YORK, April 22.—Continuation of the advance on the Curb Exchange. today was characterized by a number of new high recard prices and a more uniform upward trend than heretofore on the rise which started last Wednes- day. Buying operations broadened out to include numerous prominent in- dustrials which have been laggards re- cently, The one outstanding exception to the improvement was Ford of Canada, which has been k almost daily since trad pired about 10 drive sent it belo than 10 points from Satu Jevel and a new ‘low on the curre action, which started from the record high of 172 shortly after it was listed. Utility Shares Features. Utility shares were features of the| trading. A number developed pro- nounced activity, including United Gas Improvement, the American Superpow- er issues and Electric Bond & Shar, while relativeiy P gains on a few sales were registered by Southeastern Power and one or two others. Interna- tional Telephone & Telegraph, in which the turnover ed | less of the bu zed it on Zquipment, Pittsbur clon Steel, Sentrv Safety tion: Projector. e followed operations are ; with suffi- clent orders _or ntainthis rate throughout this j xt. It was said the company is considering expansion plans, due to the fact that recent developments in the “talkies” have “overwhelmed the pro- jector industry.” Foreign business is expected to treble this year. Hiram ¥ Marked st ol and Buying of the I an official statement th: now at m g er Strong. ngth in Hiram Walker by a report that direc- ably announce a four-for- and probably establish the on a $1 yal dividend basis, compared with $3 fof the present shares. The board is also expected to recommend acquisition of another large | distilling company. Al this expansion | will be financed out of earnings, which | are said to be running at the rate of between $8 and $9 a share. Other ac- t ialties were Curtiss g Service, at a new record; Borden ndix, St. Regis Paper, Consoli- nted Instrument and Zenith Radio. Helena Rubinstein made a new low. | oils the only feature was mod- | nigth in Humble, Vacuum, ) If Oil of Penn- | made little re- rd earnings reported | he mining section New- several pol were ¢ (Special).— native and dozen, 27; TIMORE, April 22 eipts, 2,229 cases; i frec _cases, s, 2082 Butter—Good to fancy creamery, 45048; prints, 49a50; blocks, | ladles, 35239 store packed, | s, 33a35; dairy prints, 33a34; s butter, 42a43. Live poultry—Spring chickens, pound, : Leghorns, 38a48; young chick- thin' and poor, 25a28; old Leghorns, 30a32;_ducks, | guinea fowl, each, 50all10; | ns, pair, 35a40. Vegetable Prices. Potatoes, white, 100 pounds, 65a1.00; new potatoes, bushel, 1.25a2.5 Yams, barrel, 2.0023.25. Sweet potdpes, bar- rel, 2.00a3.25. Asparagus, dozen, 2.50a Beets, crate, 2.50a2.75. Cabbage, i . Carrots, crate, 2.25a Celery, crate, 1.25a2.75. Cucum- b bushel, 2.0024.00. Esggplant, crate, 1.75a3.25. Kale, bushel, 171:a40. Let- tuce, basket, 1.50a2.50. Onions. 100 pounds, 2:0024.00. Spring onions,, 1,000, 75a1.00. Peas, bushel, 1.50a2.50. Pep- pers, crate, 2.5025.50. Radishes, bushel, 50a1.50. Squash, crate, 1.50a3.00. Spinach, bushel, 50a1.00. ‘Tomatoes, crates, 2.0026.75. Apples, bushel, 75a 2.00. Grapefruit, ~ box, 2.00a3.25. Oranges, box, 2.2524.00. Strawbeyries, quart, 15a25. Live Stock Market. Cattle—Receipts, 500 head; light supply, market dull. Steers—Choice, 13.25 to 13.75; g 2.00 to 12.75; me- dium, 11.00 to 11 common, 9.00 to 10.25. Heifers—Choice, 11.50 to 12.50; good, 10.25 to 11.00; medium, 9.00 to 10.00; common, 7.75 to 8.7 Bulls— Choice stable, 10.00 to 11.00; fair to good, 9.00 to ; common to me- dium, 7.00 to 8.50. Cows—Choice stable, 9.25 tg 10.00; fair good, 7.50 to 9.00; common to medium, 5.00 to 7.50. Sheep and lambs—Receipts, 800 head: light supply, market higher: sheep, 7.00 to 8.50; lambs, 9.00 to 10.50; Spring lambs, 22.00 Hogs—Receipts, 2,500 head; light sup- ply, market higher; lights, 12.30; heav- jes, 1220 to 12.30; medium, 12.55; roughs, 7.50 to 10.40; light pigs, 10.50; pigs, 11.70; Western hogs, 10 to 20 higher than quotations. Calves—Receipts, 425 head; light sup- ply, market higher; calves, 5.00 to 16.50. Hay and Grain Prices. ‘Wheat—No. 2 red Winter, garlicky, spot, 1.23%; April delivery, 1.23%;. Corn—No. 2 export, April delivery, no quotations; No. 2 yellow, domestic, spot, 1.07a1.08; cob corn, 6.00 barrel. Oats—No. 2 white, domestic, spot, 60a601>; No. 3 white, domestic, spot, 58a5815. Rye—Nearby, 1.10a1.15, Hay—Receipts, none. While hay is arriving here in limited quantities only, it is more than ample for the demand, which is being supplied mostly by truck from nearby points, a few carloads being received. There is not enough business passing to establish prices on the various kinds on merit at a range of 15.00a16.00 per ton of timothy or clover hay. Straw—No. 1 wheat, 12.00a12.50 per ton; No. 1 oat, 12.50213.00 per ton. . OFFERING RIGHTS. NEW YORK, April 22 (#).—Inter- national Combustion Engineering Cor- poration is offering common and pre- ferred stockholders of record on April 26 the right to subscribe to 50,000 shares of 7 per cent convertible pre- ferred at $100 a share on the basis of 1 new preferred share for every 20 shares of preferred held. On the basis \of today’s prices the rights are worth about 45 cents. 53 Al GRAIN EXPORTS REPORT. BALTIMORE, April 22 (Special) — The Maritime Exchange reports that grain _exports last week were 547,017 bushels, of which 442,709 bushels werel wheat and 104,308 barley. There were 2,127 barrels of flour exported. COPPER MABT CALM. NEW YORK, April 22 (#).—A do- mestic price of 18 cents a pound for copper has prevailed for several days. ‘The market’s Aererr:lotg last week was the first calm E ANCIAL™ . NEW YORK CURB THE EVENING STAR, WASHINGTON, D. €, MONDAY, APRIL 22, 1929, e e o .1 NORAN GETS MARKET Received by Private Wire Direct to The Star Office me & For Pow War.. * Bov El F. 2Am Comw P optl war 2Am Cyanamid B 2Am_Cyanamid B 3 ADT N J con pid 1 Amer ‘Gas & Bl Ark Natl Gas. .. Ark N Gas cum i Auto Cons Anto M 104 Consol Film airy Prod Fam Strs pfd. Pac G_& 1Param “Cab Mfz 32 J C Penney & Co. J C Pennev_pfd eop Lt & P Cori epperell Mfg . etrol Corp 1 pd. help Dodge Cor hilippe (Louis) A.. hilipne (Louis) B: Co_ptd es P ers Dot mmns 197" gy 9! i <-s1 chulte Un pfY egal Lock & Hware elected Indust Ine.. BEnn D, Safety Contr V) % s 4 s omsn S Bt s ol s ws! onatron T.. outheast P& L. outhe P & L vic South Asbestos Sou G E A pfs ou C E C pi panish & Gen' rets Inc.. Q@nnnannnan DURBnn Mrsestal st tsey estvoca hitenight “Inc . Wil Low Caf .. elect Ind Inc pfd:. : joon. | units. 4. 76 106% 106% 30 ° 30 235%; 23544 3178 4 8% 8% 340 BnsnEan 292 1 85558328 B..%9 70, 103 221 1 1834 187 201 13% 2742 124 46% 48 MINING STOCKS. in hundreds. 2 Ui 2 Unity Gold.. 2 Wendon Cop. 1% Sales INDEPENDENT OIL STOCKS. in hundreds. .53 .83 4% a7 3% 33, 33 114%; 1335, 11334 29" 28% 3,!,'/1 .54 5 i 3 | Sales ot {steady today at a decline of 4 to 13 Salesin _ STAND, OIL ISSUES AND ARD FORMER SUBSIDIARIES—STOCKS. 200 Anglo Am Ofl........ 16% 18 18 50 Borne Scrym 1. 0w W g B & 11813 116% 118 3133 s e 02 @' 92 s6v, 8% 52% 523 53% 1013 b 12204 12845 BONDS. % 700 3508 O Ohio.. 400 Vacuum O] Sales in thousands. 9 Abitibl Py 2 Aln Fow TOURISTS BIG AID 10 CUBAN TRADE Pearl of Antilles Important as Winter Playground. ° Country Prosperous. BY J. C. ROYLE, Special Dispatch to The Star. NEW YORK, April 22.—Cuba has Just finished cleaning up on a new crop —the tourist business of the Winter world. Indications from business men naw in close contact with Cuban affairs 14| are that the Pearl of the Antilles will 3 Ass0 Dye&Pr 63 5 Asso Gas&EIl 4lss 8 Asso Gas&El biis Ry 1% p 65 'i3 ¢ v Pow' 5155 52 Contl G&E 55 A '58. Cudahy Y Dela Elec P s A ‘47, 10519 City G 5s B '50. 10014 t Intl 6i4s ' 81 Fla P&L 55 ’54. Gatineau Pow 55 2 Gatineau Pow 6s 5 Gen Laun M 6lps 7Gen Rayon 65 37 Gen Vend 6 3 Georgia Pow 5 Gond T&R C 6 Gulf Oil Pa 55 '3 1Gult Oil Pa s '47; .0 101 Sulf St Us 5s A 56. 95 4 Hatpen Gs '49....... 881 §Inter N G 65 '36 ww 10 11Interstate Pow bs '57 10 Interstete Pow 6s '52 92 8Kelvin Corp 6s '36.. 5Kop Gas & C 55 15 Narag El Co 55 A 3Nat P & L 65 &Nat Pub Serv 5 find this new source of revenue more profitable than the sugar or tobacco crops which have helped make the is- land famous. ‘The results of the best tourist year Cuba has ever had are now apparent and give rerh-ps the best assurance of the stability of conditions in the island republic. Cuba undoubtedly will make a strong effort to have the tariff wall on sugar lowered at the special session of Con- gress now in progress at Washington. But few in touch with the situation ex- pect to find any repercussion affecting the foreign trade of the United States and Cuba in event of the failure of the sugar planters to secure what they ask. Mussolini of Caribbean. President Machado will be inaugurat- ed for another six-year term on May 20. His supporters allude to him as the Mussolini of the Caribbean. While he undoubtedly carries tremendous power in ‘his own country, he is not oblivious to the huge investments of American capital in Cuba and the influx of money which has done much to put the busi- ness conditions of Cuba on a sound | basis in the last six months. ‘There is no question but that these factors impose a very real restraint on the present Cuban administration. Not the least of these is the Federal Reserve System, which, through its Atlanta district, maintains a branch in Cuba. American tourists spent over a billion dollars in foreign travel in the last year and Cuba received a greater proportion during the last four months than ever before. The expenditure next Winter in Cuba and the Isle of Pines by tourists is ex- pected to exceed $100,000,000. So great have been the numbers of visitors that the big hotel chains of America are planning to expand facilities in the % .|istand. 94 ° 94 € Roch Cent P 55 A '63 8712 1Schulte R E 65 '35 x. 89 58ha W & P4lus A '67 93 5 Southe P&T, 65 A 2025 103V 2 Sou Cal Ed 55 '51,... 1013 1Staley Mz Valvolin 3 e_Oil s 60 Western P Bios 1West T _Util 55 A 1Wheel Sti 4%2s B '53 861z FOREIGN BONDS. honsands, Buenos' Aires 7i4s 47 102% & Priv Bk 5lis '37 86'2 ) *61 53, 1 Hamburg s, 1 Hambure E 815 1Isarco Hyd El 75 1Isot Fraschini 7s 11sotta Fras 7s '43 2 u 6 52 *42 97 13 Russ Gov 5128 "21.. 5 Russ G 8125’21 cfs 1 2 Russ Gov 6158 '19 .. 8 45 °10 cfs'n 1Santiago 15 '49, ... 2§tinn Hugo 7s 136 Wa 18tinn Hugo 75 '46 wa Uni EI § 75 A wW 56 2 WW—With warrants. SELLING IS RENENED ON COTTON MARKET Favorable View of Weather Con- ditions in South and Cables Are Bear Factors. By the Assoclated Press. NEW YORK, April 22.—Cotton opened points under a renewal of last week’s movement, which was stimulated by relatively easy cables and a favorable view of weather conditions in the South. There was some trade buying and cov- ering by shorts on the decline, but the selling continued active and prices were 14 to 18 points net lower by the end of the first half houf, with May selling at 19.75 and December at 19.21. In the case of July contracts, which sold at 19.09, the market showed a de- cline of about 114 points from the high price touched toward the end of March, and part of the early buying was sup- posed to be in anticipation of rallies on an improved technical position. Private cables reported general liquida~ tion uncovering stop orders in the Liver- pool market, but said there was a slightly better cloth inquiry from India, BUYS MACHINE FIRM. NEW YORK, April 22 (#).—Con- tinental Can Co. Inc, has acquired McDonald Machine Co. of Chicago, manufacturer of can-making machinery. POTATOES EASIER. CHICAGO, April 22 (/) (U. S. De- partment of Agriculture).—Potatoes— Receipts, 203 cars on track, 34 new, 230 old; total United States shipments Saturday, 1,012 cars; Sunday, 29 cars; new stock trading good; market slight- 1y easler; Texas sacked, Bliss Triumphs, 4.5024.65, mostly 4.65; few fancy shade higher; Florida barrel Spaifiding Rose, 7.35; old stock trading fair; market firm on russets; others about steady; Wisconsin sacked round whites, 65a85; Idont'ho sacked russets, 1.75a1.90; fancy, SUGAR PRODUCTION. NEW YORK, April' 22 (#)—Fifty Cuban sugar mills that have completed grinding produced 5,685,946 _bags, against an estimated total of 6,045,000. Machine Works Like the Brain. The piece of machinery which oper- ates more like the brain than any other is the automatic telephone. The tele- vox is more spectacular, but its work is limited. In the operation of the auto- matic telephone the selection is made in the same way—by a series of number in succession by a signals rung, small contact point behind the telephone dial as it turns. But instead of the hundred te signal combinetions that the televox can understand, the telephone 'system has place for nearly 10 billions. Yet even this vast sum human brain exceeds. The number of living nerve cells in the surface gray matter of the brain is more than 9,000,000,000. If it be assumed that these can be con- nected to ‘another in the same ,000,000,~ 000,000, — Radio saved more than 40 ships on Gi Grent ‘; ,000,000. Great Highway System. The country is constructing a sys- tem of stone and concrete highways which would do credit to any American State system. The stone for these ship- ments is coming by the trainload daily from Stone Mountain, near Atlanta. The cost of this system will be nearly $100,000,000. ‘The people of Cuba are beginning to realize the importance of their country as a Winter playground and their tem- perament is such that reception of visitors has been & delight rather than a pure business deal, although they do not overlook the profits. Those who have wintered there in recent years say there is a notable lack of the “night club” atmosphere with its greet- ing “Hello, suckers,” as compared with the European attitude. Men who are investing in Cuba maintain that the movement - there attained a volume which nothing can stop except the re- 4 | peal of the prohibition amendment. 100 CHICAGO LIVE STOCK MARKET CHICAGO, April 22 (# (United States Department of Agriculture).— Hogs—Receipts, 35,000 head, including 10,000 head direct; mostly 20 and 25 higher, light lights and pigs, 25 and 40 higher; top, 11.85, paid for numerous loads of 160-225 pounds; butchers, medium to choice, 250-300 pounds, 11.30a11.65; 200-250 pounds, 11.40a11.85; 160-200 pounds, 11.35a11.8: 130-160 pounds, 10.75a11.8! acking sows, 10.25a 10.90; pigs, medium to choice, 90-130 pounds, 9.50a11.60. Cattle—Receipts, 17,000 head; calves, receipts, 4,000 head; bidding lower on many better grade steers, especially weighty kinds; demand better grades with weight narrow due to impending Jewish holiday and curtailed shipping orders; other grades and classes about steady, with stackers and feeders higher. Early top yearlings, 14.50. Slaughter classes steers, good and choice, 1,300-1,500 pounds, 13.50a14.75; 1,100-1,300 pounds, 13.50a14.85;950-1,100 pounds, 13.75a15.00; common and me- dium, 850 pounds up, 10.50a13.75; fed yearlings, good and choice, 7502950 pounds, 13.75a15.00. Heifers, good and choice, 850 pounds down, 13.00a14.85; common and medium, 9.50a13.00. Cows, good and choice, 10.00a12.00; common and medium, 8.50a10.00: low cutter and cutter, 6.7528.50. Bulls, good and choice (beef), 10.25a11.50; medium, 8.50a10.35. Vealers (milk fed), good and choice, 13.00a17.00; medium, 11.00a13.00; cull and common, 8.00a 11.00. Stocker and feeder steers, good and choice (all weights), 12.50a13.50; common and medium, 10.00a12.50. Sheep—Receipts, 19,000 head; slow fat lambs, 25 or more lower; best clip- pers held at 16.35; few odd loads of good wool skins held at 17.00. Sheep scarce; steady to 25 lower; best light wooled ewes, 10.50. Lambs, good and choice, 92 pounds down, 15.35a16.35 medium, 14.75a15.50; cull and common, 11.25a14.75; medium to choice, 92-100 pounds, 14.40a16.15. Ewes, medium to choice, 150 pounds down. 8.00a10.50; cull and common, 3.00a8.25. Feeds lambs, good and choice, no sales. Author Printed Own Book. Aspiring to be an author, Jonathan Leonard wrote a story of Cape Cod life and sumbitted it to a publisher, who pm¥uy returned it, and thereupon he sent it to several other publishers one after the other with the same result, and finally becom! discouraged, at the age of 50 he set about to print the book through his own_endeavors and by his own hands. He purchased a small printing press and set the type himself, printed two pages at a time until the work was completed. Then he went out and learned something about bookbinding and bound 100, volumes, mainly for the purpose of observing the formalities of the copyright laws. The accumulation of volumes was distributed among his friends and finally a copy fell into the hands of one of the publishers who had passed upon it before and he saw the merits of the work and im- mediately arranged for another edition. In the meantime Mr. Leonard had writ- ten another book and the sdme pub- lisher has contracted to handle it also. B R Chicago’s Coming Centennial. ‘The centennial celebration proposed for 1933 at Chicago seems to be as- sured and already some of the prepara- "Dmammb'm zgtde. The program includes the greal agricultural con- vention ever gll;ld, the preliminaries of which are being started by Rufus C. Dawes. It is the plan to make a com- all the food supplies d. This is and production of mankin something that has never befcre been attempted, Mr, Dawes said. “Chicago really owes its existence to the farmers and agriculture and fair would not be a proper celebration if we failed to take advantage of the ity to stage the greatest agri- itural congress the world has known hm-?"ln thle’”’" he :%chmd. man who reorganized the agricultural statistics of Argentina, and I feel confident that he, as an American, will do e le to co-operate with us in a great farm congress here -All lid ler than varies’ with our plan f in 1933.” Record Three-Month Earnings. NEW YORK, April 22 (#).—The larg- est earnings for any first in the history of the National Cash Regis- ter Co.,, were reported for the three months ended March 31, 1929, The earnings represent an increase of 22 p:rlggr.n. over the firs; quarter earnings o . The statement shows net profits, after all expenses and provision for depre- ciation and taxes, of $1,819,809, com- pared with $1,487,059 for the first three months of 1928, Current assets at the end of the quarter amounted to $31,045,876, com- pared with current liabilities of $4,809,- 314, or a ratio of 6.5 to 1. FRESI! PRICE BREAKS RECORDED IN WHEAT Brenkix':g of Season’s Low Marks Takes Place With General * Lack of Demand. By the Assoclated Press. CHICAGO, April 22.—Fresh breaking of season low price records for wheat took place early today, accompanied by general selling and lack of demand. Predictions were current that the year- end carry-over of wheat in the United States July 1 would approximate 350,- 000,000 bushels. Opéhing % to 3 off, wheat later showed little power to rally. Corn and oats were relatively firm, corn starting 5 off to 2 up, and after- ward scoring slight general gains. Pro- visions went lower. On top of uncertainties regarding farm relief legislation, and in addition to flattering domestic crop reports, lower Liverpool quotations than were selling of wheat. Moreover, a statement issued here by leading trade authori- ties indlcated a surprising accumulation of world wheat stocks, representing about 40 per cent of needs of importing countries for one year ahead without regard to the volume supplied by 1929 crops. The estimated total of world stocks of wheat expected to be on hand July 1, approximately 350,000,000 bushels, would compare with a world carry-over of only 143,000,000 bushels in 1926, with 183,- 000,000 bushels in 1927 and 245,000,000 in 1928. The increases were stated to have resulted from a world production during the last few years much in-ex- cess of the world’s consuming capacity. | ACCEPTANCE RATE DOWN. [ Improvement of Credit Situation Mirrored in Action. NEW YORK, April 22 (#)—Improve- ment in the credit situation was mir- rored today in a reduction of one-eighth of 1 per cent in bankers’ acceptance rates on all except 30-day maturities. This was the first downward revision since the peak of the money stringency Just before April 1. ‘The new rates were 5 per cent asked | and 5% bid for 30, 60 and 90 day bills, | 5% to 5% for 120-day bills and 5% to 5% for 150 and 180 days. Dealers in other financial centers | were expected to readjust their rates | accordingly. ‘WOOL QUOTATIONS. BOSTON, April 22 (Special).—Top- makers were again active today in the Boston wool market, buying mostly fine and medium territories at 9521.00. | Texas wools moved slowly, with best {lots of 12 months bringing 1.05. Fine | territory combing, clean, was quoted at 1.03a1.06, French combing, 1.00a1.03; half blood, 1.00a1.05; three-eighths blood, 95298, and quarter blood, 90a92. Fine Ohio fleeces were quoted at 41a42, grease basis; half blood. 48a49; three- :};gl’;tghs blood, 49a50, and quarter blood, 249, GERMAN BONDS AND STOCKS. NEW YORK, April 22 (Special).— Bid. Asked. Ger Govt Red Loan with draw- ing ctfs attached per 100 R M. 55.00 60.00 Ger Gt Red Loan without draw- ing ctfs per 1000 R M. (Quoted in dollars per Hamburg 4lzs 1919 Hamburg 3s, 31 45’ pre-war. Hamburg American Line 41gs. North German Lloyd 4%as. Krupp 5s 1921. Dusseldor 4s pre’ Frankfort a-M 4s A Commerz and Pris G Farben Dresdner Bank. Deutsche Bank. cutter to|Da Austrian A E G (Gen Ei Rudolph Kars! looked for tended to increase general | sit; BIG OIL POSITION Former Rig Helper Intrusted With New Morgan Pe- troleum Firm. By the Assoclated Press. NEW YORK, April 22—A former rig helper in the Midcontinent oil fields, Daniel J. Moran, is being intrusted by the J. P. M & Co. interests with constructing what promises to be a new ofl giant. Moran, enticed from R. C. Holmes’ Texas Co. last last year by the Morgans, was placed in charge of Marland Ofl Co. He is now completing negotiations with the Tormer Standard Ol subsidiary, Continental Oil Co., for a merger of the two and possibly one or twe others— notably Union Oil of California. Con- versations have been held with Union officials. When the merger with Continental is completed, the company will take Con- tinental’s name and Moran will become president. Edward Taylor Wilson, trained in Standard Oil ways in the days of John D. Rockefeller, sr., will be the board chairman, He is now Conti- nental'’s chairman. 8. H. Keoughan, president of Continental, who, like Moran, worked up through the produc- ing. end of the industry, will become chairman of the executive committee, Working Since He was 10. Moran, who is just past 40, was born in a small Ohio town in the shadow of an ofl derrick. From the age of 10 he has held a job of some sort. He earned the money for his schooling, graduating from the Case School of Applied Sclence and Dayton Univer- Y. ,Oll fields of Oklahoma, Texas, Mexico and South and Central America know him well. But he has worked for only five companies—Buckeye Pipe Line, Ohio Ofl, Oklahoma Iron Works, Texas Co. and Marland. His jobs have ranged from telegraph operator, gauger in the oil fields, pumper, connection foreman, rig helper, tool dresser, field clerk, field engineer, designer of ofl fleld equipment, engineer of refinery and terminal construction, general superintendent of pipe line and refineries to president. But it was as a vice president of the Texas Co. that he attracted the Morgans' attention, Also Rose From Ranks. A. M. Taylor, Continental's chief, also rose from the ranks, but his climb was in the offices of the old Standard Oil Co. Born in Ballston Spa, N. Y., January 25, 1869, he went with Stand- ard as an office boy. He worked for several years in the statistical depart- ment, made good as a salesman and later was active in management of sev- eral of Standard’s Midwest and West- ern subsidiaries, Just prior to the dissolution of the Old Standard Oil Co. he was made pres- ident of the Rocky Mountain subsidiary, Continental Oil Co. He held that post until 1924, when the company was merged with Mutual Oil Co. and he was elected board chairman. Marland recently purchased Pruden- tial Refining Co. of Baltimore, operating a refinery and a chain of service sta- tions from the Carolinas up to the At- e e e : Likeasound investment that can be placed in “your Safe De- posit Box and forgotten— HOOD TIRES assure peace of mind at any On Sale HARDY EVERGREENS At Last Friday's Sale People Marveled That We Could Sell Such Plants at Such Prices Fine, Jarge, handso; lants. $han three years old. e B Roots balled in clay and wrapj this enables you to plant them and they keep right on growing without any setback. Come in and Make Your As Long as They Last Norway Spruce, Retino- Another Fine Assortment Tuesday None less 12 to 24 inches high. ped in burlap— Selection 89¢ each FINANCIAL. Iantic sesboard to New Jersey. With ing #mu, new company will have a coast-to-coast chain of sel stations. TOBACCO TRADE ACTIVE. Both Receipts and Sales of Mary- land Leaf Increase. "_ Speclal Dispatch to The Star, _ More recently he obtained control of Ponca City Ofl Co. snd changed the name to E. W. Marland Co., Inc. This 'actltn':r wntl :’cmegh? have efizclded the matter o merged compan; Continental’s name. ” Marland is living on his $2,000,000 estate at Ponca City, Okla. BUTTER IS HIGHER. CHICAGO, April 22 (#)—Butter higher; raceipts, 11,863 tubs; creamery extras, 44%; standards, 44%;; firsts, 43a43)5; firsts, 42a42!,; seconds, 40%a41%. Eges unchanged; receipts, 56,855 cases; . extra firsts, 27a27!5; firsts, 261,; ordinary firsts, 25a26; stor- age packed firsts, 28%;; storage packed extras, 28%. . COTTON GOODS QUIET. NEW YORK, April 22 (Special).— Cotton goods markets were quiet today. Print cloths were quoted unchanged at 7% for 64x60s and 8% for 68x72s. Raw silks were active and 5 cents higher for all grades. TO CHICAGO °* ST. BALTIMORE, April 22—Both re. ceipts and sales of Maryland leaf to bacco again showed increases last week, the former ‘otaling 316 hogsheads, and m& kll";ffrs cff.s mm. leaving @ st cco warehol 3,070 hogsheads. T The offerings consist mostly of com« mon and medium grades of new tobace ¢o, and prices are fairly high consider 3 Tl port, their seed beds Te| seed el up with plants about the size ofm: quarter dollar. Complaint about files destroying the young plants has been made to the tobacco inspector’s office, Quotations today for Maryland leaf tobacco, per 100 pounds: Inferior, 6.00 a7.00; frosted, 3.00a4.00; sound com- mon and greenish, 8.00a15.00; good common, 16.00a25.00; medium, 26.00a 40.00; good to fine red, 41.00a50.00; fancy, 50.00a51.00; seconds, common to good common, 6.00a15.00; medium, 16.00a23.00; seconds, good to fine 24.00235.00; upper county, burley, nem. inal; ground leaves, 3.00a25.00. SILVER QUOTATIONS. NEW YORK, April 22 () —Bar 5515, Mexican dollars, 413 i LOUIS * THE WEST New More Convenient Faster The Pennsylvania tant additions and announces impor- changes in its ser- vice to the West, effective April 28th... N \‘7 TO CHICAGO The luxurious Liberty]Limited will improve its already fast sunning time, both westbound and eastbound. Boarding it at 3:15 P.M. in Washington, after nearly a full day here, you will arrive in Chicago the next day at 9:00 A.M. (Standard ‘Time) at the new, convenient Union Station. Beginning April 28th, the 7 fast Pennsylvania trains to Chicago daily willleave the Union Station at 7:55, 10:50 A.M., 2:45, 3:15, 7:05, 7:20, 10:30 P.M. new time-table). TO ST. (Equally convenient return schedules — see LOUIS ‘The “Spirit of St. Louis” will be faster than ever. Leaving ‘Washington at 2:45 P.M.—you will get to St. Louis at 1:20 P.M. next day. =~ + There are four fast trains to St. Louis daily, leaving at 10:50 A.M., 2:45, 6:30, 10:30 (week-days) P.M TO;CLEVELAND A new convenient connection with'the Mercantile Express will allow you to leave Washington at 7:20 P.M. and get to Cleveland at 8:15 A.M. the next morning. There are three Pennsylvania trains to Cleveland daily, leaving at 7:55 A.M., 7:20, 10:30 P.M.~ To New York—21 fast trains each week-day Effective April 28th hours of departure from Washington will be: 12:10, 12:50, 1:25, 3 00, 4:00, 4:20, 4:45, 5:30, 7:00, 8:00 P.M. On Sundays there are 20 fast Pennsylvania trains to New York from Washington. Return schedules, daily and Sunday, are equally conven-" ient (see new time-table.) C. E. McCullough, General Passenger Agent 613—14th Street Northwest, Washington, D. C. PENNSYLVANIA RAILROAD Carries more passengers, hauls more freight than a @he Foening Ftar L 3 Rivcs orF [ other railroad in Ameries ADVERTISENENTS RECEIVED HERE Colodny’s Bros.—2162 California St. American Arborvitae 3 to 4 ft., $2.49 Globe Arborvitae Landscape Service Ornamental plant- ings designed and exe- cuted. No charge for plan when plants are bought from us. Lawns renoval Lawn Mowers $6.50 to $26.00 607 E St..N.W. N spora Plumosa, Retinospora Squarrosa, Biota Orientalis, Scotch Pines, American~Ar- borvitae and Globe Arbor- vitae. Extralarge, $1.25 Other Plants for This Sale at Real Bargain Prices Beautiful Pansy Plants, 75¢ doz. Peony Plants that will bloom this year, $1.50 each. Purple Iris, 85¢ doz. Lily of the Valley Plants 10c each; 85c dozen Hardy Phlox Plants 25c each. Chrysanthemum Clumps 25c_each Sedum or Rock Plants 25¢ each. Forsythia Plants.50c each ‘Scarlet Sage, Verbenas and Petunias VEGETABLE PLANTS Tomato, Caulifiower and Pepper, 30c Ege Plants, 50¢ dozen; Cabbage (Frost Proof) High-Grade Ball-Bearing dozen ‘ 50¢ per 100 We Are Headquarters For All Lawn and Garden Tools CAPITOL PARK LAWN GRASS SEED—Produces a rich, deep, velvety green lawn. Lb., 45¢; 10 Ibs., OLD GARDENER FERTILIZER 0 Ibs., 85¢; 25 Ibs., $1.75; MEAL—The Rose Tonie, $3.75. A gt e e Tb,, 15c; 3 Ibs.. 40c; 5 Ibs. 60c. Rose Bulbs, 35¢ dozen WE DELIVER . F.W.Bolgiano & 990‘ Is a Star Branch Office THE ABOVE SIGN 18 DISPLAYED BY STAR BRANCH OFFICES AUTHORIZED Wherever you may be, it is just a step to The Star Branch Office where copy for Classi- fied Ads may be left with the assurance that they will be promptly forwarded to the Main Office, and appear in the first available issue. . No fees are charged for Branch Office service; only regular rates. ! The Star prints such an over- whelmingly greater volume of Classified Advertising every day than any other Washing- ton paper that there can be no question as to which will give you the best results. “Around the Corner” is a Star '«""‘ Office g