Evening Star Newspaper, April 23, 1929, Page 13

| ‘FINANCIAL." CURB SHARES GAIN | . NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office GAIN IN RAILROAD TRAFFIC INDICATED the THE EVENING STAR,” WASHINGTON, ~ D.' C, TUESDAY, APRIL 23, 1929. dends earned by such & wide are being by such & ‘The $3 dividend which is now -being id on the common has been covered fairly-ample margin in each of four years, with aver- RAIL SYSTEMS VIE FOR COAST BUSINESS FINANCI Earned $1.30 a Share on Preferred in Quarter, as Against 1928 Loss. ALS VIRGINIA COAL & COKE. |COTTON PRICES GAI ON INITIAL DEALS i . E « Sales in nmumnzfl iter-Foster Oll Y% b% 5% § aging $4.02. At 52, the yields £ e i | IN BRUAD ADVANGE P Aot Prog ..o ?2‘2 "':"&""E"‘z' A G A Loty Drop in. Costs Expected Due to|3f Pef oont YhIch s somen et wau | California Furnishes Battleground for quarter ,:mdo'“ | March 51 3u55, net | Market Irregular in Early Trad- oo Bup 2 = i { s s s 0 8, By | Blets, "fi'flfi%%%gx%m“gm’fi Improved Type of Man- facturers, pethaps because of the fact for Struggle Recalling g_:g.ono al:.gléuon. ?émtmh&? "% ing—Buying Reported at ! 1 Allie Iy .68 . .66 300 Anglo. Am Oil, 15% 15% 18% - . ® a re on | shares (par : 8 1% A% 4 & 135 18% agement, Pioneer Days. $100) of 5 per cent cumulative preferred i | Market Continues Recovery b : 3 Coprrieht, 1920) sock, b1y cempares with 0 i of S e & ql T of . as Buying Resumes on % BY J. C. ROYLE. BY CARL G. BENJAMIN. Income account for quarter ended | By the Associated Press. ying i T Special Dispatch to The Star. Public Utilities Special Dispatch to The Star. March 31, 1929, compares as follows: NEW YORK, April 23—Cotton Large Scale.. NEW YORK, April 23.—Railroads of - SAN FRANCISCO, April 23.—Cali- |Gross revenue.. sidbts sgiits | P30°] Montar oy, b an sdvance of the United States will handle between| NEW YORK, April 23.—Stockholders fornia from the Oregon line to the |OPerating expense: s 3 | Liverpoot ‘cablss. but there was o re 5 and 6 per cent more freight traffic in | of Engineer's Public Service Co. at the |southern part of the State, is witness-| Operating profit. newal of near-montn liquidation and BY HARRY H. BECKER. # Bpecial Dispstch to The Star. NEW YORK, April 23 —The advance roceeded on the Curb Exchange today in the most active trading of the month e ousands. The cost to shippers for handling this | s &rfii‘ght will not exceed $4,000,000,000. | ft the first half of this year than in 1928, | Joia al meeting May 20 will be asked to on an increase in the common tock from 3,000,000 to 4,000,000 and ‘rom 700,000 to 1,000,000 shares of pre- t is the conservative estimate today |ferred. of transportation men who are in touch ing a raflroad war between giants of the industry, reminiscent of the titanic struggles of pioneer days in the then un- developed West. The Great Southern Other income. ‘Total income. Interest, depre 396,036 349,753 62,988 seees 333,048 ¢ | to 19.19, and December some further selling on favorable weather reports. Early fluctuations were irregular. After selling up to 19.24, July aelflzd eased off from 19.39 to 19.32. Prices steadlied up again, with the market ruling abolt 10 to 1 and with enthusiasm more widespread 2 Ab with conditions, The report of Associated Gas & Elec- | Pacific System, which blankets the West e A than at any previous stage of the cur- “3&1")«?}& ’;{" t} ARied Bitar 5% largely on the mffi:,;:flfi“}:,‘i,’;:‘:‘j tric system for the 12 months ended | Coast from Oregon to the Mexican bor- 2 points net higher at the end of u:: Tent recovery. 25 Aroturus Radif 3% 65 outlined by the shippers’ regional ad- | February - 28 shows gross, including der and has two main routes East and WHE AT v A UE first half hour, Sharp advances were again witnessed | § ATk Natl Gus. ... 31 8% 45 & 1 b3 2028 visory boards. More important than |Other income, $47,437.778, compared |one southward to Mexico City, s bat- L s GAIN Private cables reported covering and in many sections of the‘fm, influenced 11As Gas & El A, 56 857 0 & Lt 63 2016. 1 this ‘gain, however, is the knowledge|With $40,208,589 in the previous 12|tling against encroachment into its ter- buying for erpool no doubt by evidence that confidence I ol il 38,58 that this traffic will be handled moge |Months; net after taxes, $21,262,938, |ritory by the powerful Great Northern, IN EARLY TRADIN &%ro?l:dorcl:n:enfimmmsyzh hmetica had been tully restored and by the suc- o ve Ne 1 efficlently than ever before. This means |8§ainst $18017,352, and surplus aftey working in conjunction with the West- AD G and Africs, but said yamns were pressed cess so far achiev on e const ctive Fr s a mal charges, preferre Ividene of under- o » fi%'lde TR 2 e : :.,‘g’% ‘fi’“ 18 14 mmex;:ed gain in net income for the u&n? w,,’.’p.mes, interest, ugeprechtion, j“;h:o:lpegfl:nn:oveu n:m 'nh‘,be.rg'r.ec‘mm for sale. st-gains were v T v e 6,957,288, o i shares and by certain of the miscel-| 3 Aviation Credit L I ¢ methods has been the jargest single | e certificate of public convenience and Down, but Rally S Business Notes lancous industrials, In the specialty | 1 Belinead Kire vic. .. i3 198 19| 20mel factor in improving the statistical posic necessity for the Northern Pacific to , but Rally Soon group International Projector jumped| -1Bendix Corp g u‘!’/: b B £ tion of the steam roads. For example, | CHICAGO LIVE STOCK MARKET bulld a line from Klamath Falls, heart Sets I sharply again in further appreciation| spBosier oy ”’z -1 ii FEoS in the first two months of 1929 gross| CHICAGO, April 23 () (United |of, 2, DeWIy opened timber district in s In. By ine: Assodtited reda. of the current high operations of the| 3 Buere & gtration .. Sam 516 Sie| GGl : revenues of class 1 roads showed & gain | States Department of Agricult e oA D ' NEW YORK, April 23—The Ford company. Also i o high ground| 2Brisht Star Elec B 18% 183 15 1181t Ber'pot it 158 of 5.1 per cent, but through operating | Hogs-Reosipts. 35,000 hesd, i ure) — | Lookout, which is at about the center Motor Co. announces plans for in- Were Newton Steel, Oliver Farm Bquip-| & Biist Myers .. 0" ok 842 B GG kB f5 A b economies this’ was transiateq. into s | by decePLs, 23,000 head, Including of o large, undeveloped mountainous By the Assoclated Press. creasing production in response to & ment and convertible preferred, Conti- TR asns o8k o8| "5 Cudany 8is a7 283 per cent gain in et operating in. | Hony irects market slow, tostly 10020 | timber. district in Northwestern Cali-| CHICAGO, April 23—After an irreg- | heavy volume of orders. March pro- R e e e e Sl e §Benv & 8 Lake bkt '3 lower; top, 11.70, paid for around 180- |fornia, Along with this'is an applica- |ular start, with May delivery touching | duction was 181,894 cars, compared Film. The last named was sympatheti- i g 4Dix G Gas 8%s A Increases are expected in shipments| hones weights; bulk of better gradestion of the Western Pacific, competitor | & new low-price record for the season, (with 125,984 in February, cally influenced by the prominence of ; 15 . 2 Firesione T&R 58 of all but 7 of the 29 commodities hogs scaling from 160-300 pounds, 11.35 | of the Southern Pacific from San Fran- | wheat averaged higher early today. Ral- | from branches and dealers are to the preferred on the big board and re- ot o1 fi 5%:"?“.{';.’3‘:’-55 which hold the most important piace. in al11.65; butchers, medium and choice, | cisco eastward, for permission to build | lies were ascribed to unfavorable crop|indicate that the Spring demand is ports that the company would shortly 3 Cent States EL WAt B 4 Foltis fisner 6" freight volume before the end of this 250-300 pounds, 11.20all, 00-250 | from Lookout southward to a point near | reports from Europe and to emphatic| greater than had been expected. Three Yetire the prior issue. Unfon Carbide 1Gent Ben Bl 113 2 Gatineau Pow 58 quarter. ‘The drops are expected in unds, 11.25a11.70; 160-200 pounds, | Keddy, Calif., connecting with the West- | denials of dissension in the Canadian |additional open hearth furnaces have new was quite prominent, jumping sev-| 13 Shin Store giock .. 33 1 Gan ena o 31, commodities such as hay. potatocs fer. | LL25811.70; 130-160 pounds, 10.50a11.50; |ern Pacific's main line. The tWo proj- | growers’ pool. Opening % off to % up, | been placed In operation at the River eral points to the best levels so far on R N o K 31 Georgia Pw 55 ' % | tlizers, cotton seed and’ products, live | Looming, S0am, 10.15810.15; pigs, medium | ects total 200 miles. wheat later showed general gains, Corn, | Rouge plant. a bullish analysis by a leading firm. - &Gl Alum vten S Gult ol Pen 5 stock, gravel and canned goods. Nearly | °Shoice: 208130 pounds, 52081125 The Great Northern recently pushed |oats and provisions also Wwere firmer, | Among the utilities further striking Pl L 1 Hood' Ru all districts are expected 1o developmOre | resuie. 4 vog. Toead: Stoor g yomling | hward as far as Kiamath Falls | with corn starting at 11 decline to Y2| The independent steel ingot output improvement took place in electric 73 Cons Auto Mer ’i n?r {’n u’ofiu}f gflf"fix fmézhbltrumc than they had a year ago. {:fi‘ep':in:}wgu}tmllgs's“g::l;nh‘l’ey%‘illzgig:l:ilflye o:;l;crtlhgellaxe’:‘or{"{mws'ohfih‘e‘;n L md]l NM; ently scoring some | in'the Youngstown district 13 estimated bond and share, the American Super 11 Sec s B s ar loadings show no sign as yet of uality ‘considered steady; she stock > i lgvance all around. at 92 per cent of capacity. Youngstown Pawer issues, Urited Gas Improvement e e A ae any break in the volume of freight | Sty iy . i O |Gt ey, New. i seehe fo ission house buying of wheat | Sheet & Tube and Republic Iron & and several of the low-priced favorites, 10 Interst N G 65 '36 ww 103 movement. The normal advan: mostly steady; heavy cows easy; top, |penetrate the Northeastern California | enlarged today when the market at the ar 5 I 3% frelght. movernent, s being someiocates | 1475, paid for light yearling heifers; |area, which is under development by | outset went. below any level Which |capacity. T o0 0o Per Cemt of The buying of United Gas Improvement | 8¢ 4 A | - - 2! o in loadh choice medium weight steers held above | the Southern Pacific, and in conjunc- i e e T .| 1 § el i i o o aiomoll e | S S e o s i S 52 Wi Vi e 17 Sl 18 bl e P! n s ough | 1% Deers & Co 43, 031 . plements | choice.” 1,300-1,500 pounds, 13.50a14.75; | another rail link between the Northwest . Union Electrle Co. of St. Louls is court action to end the controversy 6De For R C. and fruits. Passenger traffic has been | ers turned also to the buying side of | p), ‘buil o S| . 10 Dousins on the decline, but the rate. of decioy | 1100-1,300 pounds, 13.5021485; 950- |and San Francisco and snother Unk |the mariet. None of the purchasing |Diant oh the Ougs ‘Biver abour iss over the acquisition of the class B voting stock of the Central Gas & | Electric Co. The company already owns 59 per cent of the issue- through a | subsidiary. Outstanding movements in the avia- recovery in Ford of Canada. Activity 2 Minn @ P&L 4% 2 Morris & Co 7'4s 1Nar Elec Co bs 2N L_6s 9 A '57100 A’ 2026103 55 '78. . 81% in this department has been checked | and the season of heaviest passen; travel is now approaching. b i were long overlooked by many investors. ,100 pounds, 13.75a15.00; common and medium, 850 pounds up. 10.50a13.75; fed yearlings, good and choice, 7502950 pounds, 13.75a15.00. Heifers, good and choige, 850 pounds down, 13.00214.85; common and me- lambs slow, around steady; few sales of between the newly opened Southern Oregon-Northern California territory and the East. In both of these aims the so-called “Hill” roads are op] by the Southern Pacific, which claims it is adequately serving the territory. | Lower; recepits, 14,407 tubs; creamery was on the ground that this was the seventh consecutive day upon which price breaks had been witnessed, and that a reaction was overdue. Friends of higher prices for wheat contended also that indications now | NEW. ver, 55%. Mexican dollars, 42. miles from St. Louis. 160,000 horsepower capacity. It will have The Fall weolen card issued by the Textile Color Card Association features browns. Capucine brown, with a henna Stockholders of General N 2 It th high f a1 lon group were another new g] for " E . 1 dium, 9.50a13.00. Cows, good and| Six applications have been filed for I e 3 choice, 9.85a12.00; common and me= | construction permits, with but one vic- | bar cayte Dussage of & farm ’:fi:’ cast. and Colorado brown, suggestive Shich ‘;-d‘;‘ to its sharp gain bf the 2 dium, 8.5029.85; low cutter and cutter, |tory for the invaders thus far. A sub- |yt alsp was asserted that & good-sized of the canyon's tints, are outstanding d: 5 bern g 0& &s - pst}:cks in this 4 6.75a8. Bull good and choice |sidiary line, the Sacramento Northern,|amount of export business in wheat among the new shades. et Nlles Bernent Pen, Fokker 30 Parmelee (beef), 10.25a11.50; cutter to medium, | gained permission to build a mile of line | from North America had been done| W. W. Hoagland, president of Ha: ga:);p:el i e‘Corflg‘reanun “while the 12 8.50a10.35. Vealers (milk-fed), good and |into the expanding industrial section of | oyer night, and that European con- |Body Co., I g1-1‘.5 thp.t busine - is zl:: Tecently favored Douglas was much less s g choice, 1300a17.00; medium, 1100 Pittsburgh, in the East San Prancisco| tinental countries were absorbing liberal Heaviest In the Concern's history. All e Ly - 3 BY KENNETH S. VAN STRUM, | 13.00; cull and common, 8.00a1100.)Bay district. quantities of breadstuffs. . ide e henia ate warkig 415 D ool stocks, while mot nearly so 1 g 7 . jjiStocker_sad_fesder atesrs, snd - Week and night shifts are a = 1"‘0 e 8 s e e 17 Rox NEW YORK, April 23—The soft|choice (all weights), 1250213.50; com-| HTCAGO DATRY MARKET. o T 1h the meta Su inG end m:lml’ S DL T L 33 drink manufactirers, perhaps becase [mon and medium, 100031230, . SILVER QUOTATIONS. TRetiittigytetartnte A s o . ; ’ = ¥ . l? gh 'y do not produce a vital necessity,| Sheep—Receipts, 5000 head; fat| CHICAGO, April 23 (#)—Butter- YORK, April 23 (#).—Bar sil- —— 3 on that issue as well as in Ford of Eng- | land was undoubtedly affected by news that the Attorney General's office was conducting an_investigation into the El Laund M: 15 Ger Pub Ser.. 1Gen R & Util 16 Goldman Sach n.. Solvay Ame! 10 Soue P&T, 65 28ou Cal Ed r 55 A 42 o A'2025 s 44 i The larger companies, however, en- joyed steady growth and are now giv- ing exceptionally favorable accounts of themselves, sl 1 clipped lambs, 15.00a16.00; best wool kins held at 17.00 and above. Choice wwwooled ewes, 11.50; clipped wethers, 1.25; best clipped ewes, 10.00; a part extras, 44; standards, 44%; extra firsts, 4324375; firsts, 42a4215; seconds, 40z 4115, ' Eggs_steady; recelpts, 38,842 cases; extra firsts, 27a27%5 GERMAN GOLD SHIPMENT. d Bumper Corporation vote May 15 on a plan for distributing one-half a class Elil:mre to each class A or B share el i iaries | . South Cal 92 firsts, 26%4a s e T T S R sial 14 1Souiw et ax n 263 103 O Bt load of 42-pound Spring lambs, 18.00. ~|26%5 ordinary frsts, 25a26; starage i YEW YORIC, April 23 (P)__The Ger- i concerns. The probe is directed against 9814 The Coca Cola Co. leads in the field e packed firsts, 28%; storage packed eX- | shioment of gold to the Federal Reserve DIVIDENDS. houses that have accepted deposits of cash on foreign Ford stocks and agen: cies offering aviation securities of que: tionable value. Stutz Motors was un- 20 Stand P & L, 4 Sun Ofl 548 '39. of specialty drink manufacturing. Coca Cola was first sold some 43 years ago and, with the help of persistent adver- tising, has gained a leading place in the soft drink field. Plan Stock Increase. NEW YORK, April 23 (#).—Stock- holders of Engineers’ Public Service Co. will be asked to approve an increase in Y. Poultry—Alive, easy; receipts, 6 cars; fowls, 30a3115; broilers, 44a47; roosters, 20; turkeys, 30; ducks, 24a30; geese, 10. g Bank of New York. The consignment, amounting to $6,400,000, was one of a long series of transactions by which Germany has been strengthening her balances in New York to meet the de- Equip Fisher Brass 58 A Dl Isie Rovale & Corporation. Period. Rate. Payaive. Rechrar ul r 5 1Q'8 45 May1s Apr 28 Q .50 May20 Apr30 Corp Class A 1. affected by an offering of rights to sub- . & scribe to additional stock at $20 in the As with other soft drink manufac- |the common stock to 4,000,000 shares| The Leaning Tower of Pisa is in-|pression of German currency. She had Cop ratio of 1 for each 10. turers, Coca Cola has benefited from |{rom 3.000.000 and in the preferred to| clined at present about 13 feet 8 inches | previously sent $15,000,000 in gold t0|yS% " jidss, — 0 June20 May3i LT 3 Van Camp. P prohibition, although its growth always | 1,000,000 shares from 700,000. toward the south. New York. Voehringer .... 1Q .50 May15 May 1 OFFERINGS OF STOCK 1 Webster Mi 3 Westv_Chlo; 61 West Pow il 655 " T Sias 5145 A" has heen steady. The company has several times issued stock dividends as conditions warranted, but always has ARE UNDER SCRUTINY Sales angsTOREICN BONDE. been conservative In the matter of cash 3 P " s lends, reinvesting a good share of o3 Antwerp City S¢ 38, e 93% 9312 | earnings to strengthen its financial con- 10 Buenos Aires Tiis 71021, 1021 107 dlt}i‘on 'z;:dlm: Pusm& expnnsiioxii Ay By the Associated Press. A0enb BEG 6 e 8 o ”’z R 'or the last few years practically the NEW YORK, April 23.—Offerings of 1Bk Pow'G ‘i 3 23w 93 83 | ouly obligation of the company has stocks of foreign subsidiaries of the 26 Finland g” \ganfiz'al 86 %;l, :: 'lsinh' 0(;,000 shares of common stock, Ford Motor Co. and in aviation com- £ Fambure B-7s 35,2, 100 100 100 | Yoo, }'l’oflw%v:? Xl;o%v‘i’%;m& uff. in anies were under investigation today( 4 Marconi Intl Mar ['. 3Ttal Superpow s ‘3. T8t % 1% | gy 0 l0d Yo non stoc shares b y the State attorney general’s office. 3 Jugos! 8 57. 780 T8 18 ere issued to ‘common stockholders on 1Lima 8 8 the basis of one “A” share for each Watson Washburn, deputy attorney 29 share common. The new stock is en- genéral in charge of the Bureau of Se- i 59% 1 Mor curities, said about 20 firms offering | § ISt Hon SRS i 3 Farane 58 T o o e o PR . Ford stock were under investigation. 12 Missouri Kan Pipe... 34 33 34 3 Ruhr Gas 6! O f Some of them, he said, after accepting 4Mock IV ... 36% 350 36 5 Rumani common stock for the past two years, o rentl: d { 42 Mohawk Hud P Sl 51, 51 28 Russ Govt blas '21.. allowing for the above-mentioned deposits have apparently made o | s Moh Hud P 1 pfd ... 106% 106% 1067 ) 7 i | 109 Russ G 5'2s '21 e¢fs n change in its position. The stock has effort to deliver .the stock and have 130 0 0 1 Russ Govt 6las '19.. cs been found to be backed by men with 86 Russ G 6145 19 efs 1 more than doubled in value, while uns tations. 4 Stinnes H s "36_wa. earnings applicable to common under ey = 18tinnes H s '46 wa the new plan have risen from $5.40 - While no cases have been found where depositors have been unable to obtain return of their deposits. he de- clared it an old dodge to use good stocks as a bait to entice investment in doubt- ful stocks. He said in the aviation fleld agencies have been found recommending pur- chase of certain issues of reliable back- 2 Swiss Govt 5%s '20.. xd—Ex-dividend. w n—New. When issued. Www—With warrants. to $7.19 a share. Previous records of earnings show similar steady increases, so that, although the $4 dividend could not have been made several years ago, it should have no difficuity in amply covering this amount if its pres- ent growth continues. i At the current price of 130 the yield is 3.1 per cent on the new common ing which later net a market profit 3 Sn put he a0 s "‘°°§ “ZE“' :gmin'ufl"rc &) 1 Byc‘::r:n’:“:e‘;:r’t:“:{ milltown labor "};1?5 l;ns::n;g e‘wf)lserlxglym\:‘::ed“;:k; e 32 ixfu;"s?f\fin i Which e elements are 11 North Amer Chem... 8% 8% 8% | difficulties from the hill country ~of | expectation of future growth of earn- not so good. 47 North Rastern Pow.. 3 48% 4o, |Tennessee and the Carolinas serve to| ings. - 2 1Nor Sta P A. 155'% 155'2 155's { emphasize the rapid transfer of the D i 13% | fextile industry with its attendant - S : 5 9" | problems to Southern territory. Latest Within a few short years the Canada Dry Ginger Ale Co. has come to be the largest manufacturer of ginger ale in the country. “Canada Dry” was intro- duced in 1923 and became popular im- mediately. The company therefore ex- panded as rapidly as possible into va- rious sections of the country. Having proved what aggressive sales ‘Government figures, relating particularly 32 | to the cotton branch of the industry, give another aspect bringing out the same fact. In seven years. the numbers of active cotton spindlesshave varied in the following way: l Baltimore Markets l Bpecial Dispatch to The Star. BALTIMORE, Md., April 23—Pota- toes, white, 100 pounds, 65a1.0f potatoes, bushel, 1.25a2.50; yams, bar- 3Param Cab Mfg . 1 Parke Davis Co. oc VENTILATING July, March, 9. rel, 2.00a3.25; sweet potatoes, barrel, jEen Wt e < L : e o Gl v O Io ottonceomingointer. 10750 108030 [methiods conld do i O gt 5 :;;?25" actfi%fs.n:iaié.c;%ag;s;mgg: hhfi‘.‘; Pogs By another test, based on comparison | smaller ginger ale companies in_various crate, 125a2.75; cucumbers, bushel, 45 Bick Bar tsnétvtv:en :3"‘:’.'\‘ .Tlm:ge ‘;‘ests?fthm localities. Chelmsford in New England < H 3 , 1 .25 ates, al e P e ey Saws country, in the same years, the Southern kale, bushel, 171,a40; lettuce, basket, 1.50a2.50; onions, 100 pounds, 2.00a4.00; Spring onions, 100 pounds, 75a1.00; predominance is even more sharply marked. The figures are, for cotton in peas, bushel, 150a2.50; peppers, cracoe, t 1 2 bales, as follows: P, & . 2.50a5.50; radishes, bushel, 50a1.50; 2 A . March, 1920, March, 1922. uash, ~ crate, 1.50a2.50; _spinach o o In cotton-grow- de b ld g‘,‘.’,she,‘soago; ‘tomatoes, crate, 2.00a6.00; & Eopels eia 9% 33 Ing Blates.... 480,517 bales. 337497 bales. 130 ma mo m ul ln S 2 132% n_ " all ot apples, bushel, 75a2.00; grapefruit. box, | 1 8¢, Resis Paper,,. g, 199+ 13l states ¥ 152,201 bales. 182,262 bales. O OIS ey Liont00 | CLedbels U B Bt S H%| erhers s a manifest trend towsrd . e it 4 3 Sec Gen Am Inv 108 108 putting the cotton mill closer to the Dairy Market. 158ceman Bros........ 907 &9, erop,”_ said Senator Ransdell, Demo- ' Eggs—Receipts, 724 cases; native and| 2Select Ind Inc pfd.. $4%4 94, crat, Louisiana, who has long studied 50 br e athe nearby, firsts, free cases, dozen, 27%3;| M178erv Bl V. ;- 30 i all cotton ma b oxopeding et b ° current receipts, 20a22. Per 4 n ‘A number of factors acco d fe for the speed of development in late \ Butter—Good to fancy creamery, pound, 45a48; prints, 49a50; blocks, 48a 50; ladles, 35a39; store packed, 32a33; rolls, 33a35; dairy prints, 33a34; process butter, 42a43. Live poultry—Spring chickens, pound, 46a53; Leghorns, 38a48; young chickens, 42a45; thin and poor, 25a28; old hens, 35a37; Leghorns, 30a32; ducks, 20a28; guinea fow}, each, 50al.10; pigeons, pair, 35a40. Hay and Grain Prices. Wheat—No. 2 red Winter, garlicky, spot, 1.221,; April delivery, 1.22% Corn—No. 2 export, April delivery, no quotations; No. 2 yellow, domestic, spot, 1.07a1.08; cob corn, 6.00 barrel. years. One is transportation cost. It costs $4 or $5 a bale to take the raw cotton East or North and transporta- % | tion charges are relatively more impor- tant now than 10 years back. “Then Iabor is less expensive, our i:ople not having the scales that apply and G. B. Seeley in New York were the B e s Couts e first two to come under Canada Dry lower because there isn’t the need for Xpe! ousing that clima management and aggressive sales cam- : m';fl" 2 o Sciner - mu;nfe are now being carried forward “There is also cheaper fuel, which Tater Cansde for these two companies. means cheaper power; natural gas in Dry expects to expand into other local my State and hydroelectric resources ginger ale markets and to acquire food elsewhere. manufacturing companies as well. One the Senator instructed, “is proximity to moisture to keep it healthful. They furnish power that keeps it circu- lating through warming or-cooling chambers as the need may be. Buildings must take in fresh air or the busy workers with- in their walls must suffer. To meet this urgent need in »|of the first of these latter is the Camp- and don't leave that out,”|g.."Marshmallow Co. Canada -Dry’s earnings have risen v] 5) 84 ica gain :g?g':‘ff"fib. T2 i) G ee B fi;%fiffi :{Exfl fiix‘fmg %‘.‘g’é fifié‘%fi%‘:fifié‘% ":",:,3 modern office buildings, theatres, In co-operation with ventilating B ils 2y o | e o o e Sutireaks of tnduse | OO, 1o has been able to pay gemer- _schools, and hotels, builders turn and heating engineers, Westing- i"fifi.‘?‘?fi{ififi éfig::fj&g%’fi :’é'f- %flgé{%fi;}:’mfiifié{% lfi";{;{ ,:;::‘, :':,",‘;“u,‘:fi;é':‘nég’:mg to ventilating enginqers. house has developed motors that Trom nearby points, & few carloads il country, but I don't believe that will| 86 Canada Dry yields 4.5 per cent and Electric motors drive the power- meet all ventilation requirements. seriousiy disturb an economic trend of |is sel at 14 times last year's earn- us while it has not yet reached being received. There is not enough , now established.. Those | ings. - it is to f Coca co!; 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. GERMAN BONDS AND STOCKS. NEW YORK, April 23 (Special). — * Ger Govt Red Loan with draw- o %54 an wl vt T ing ctls attached per 100.R M. 55.00 60.00 el Clttaed Lollll"lm;ll.l‘nnn draw- ing ctfs per 1. (Quoted wln dollars Hamburg 4'zs 1919, (Quoted in dollars per Elec 4’28 Dlrl! For every type of air conditioning installation there is a complete line of Westinghouse motors to fit the task, whatever it may be. ful fans that draw fresh air from outside. They operate the washers and filters that remove dust, dirt, and germs from the air or add A, tl?: l;-dsv.lmed. will h:uzk :fi investment ur.&ndlnl'om st tory ustry anywhere.” pular acceptance of e | factor mot to be overlooked. A study of plant location lists of arti- White Rock. The White Rock Mineral Springs Co. ficial silk producers, like the duPont, aad was incor ted in 1906 for thick sowing of such enter- | e of selling mineral water territory, running o -G8, and marked | e o Wiseonsin, The company aie FERRRS 853428 ABNEE: Sales in hundreds. 10 Ariz Globe rnegie R WBSflNGHOUSB ELECTRIC & MANUFACTURING COMPANY, Building, FEEF 3% # Hambrg American Line vd 4% Fm8uads.antes Westinghouse Electrification VlII’:_H .