Evening Star Newspaper, September 16, 1929, Page 16

TRADING 1S QUIET -~ ATD. C. MARKET Light Receipts and Demand Mark Opening of Week’s Business. Light receipts and even lighter de- ‘mand were reported in ‘the wholesale market district this morning. ' “Jt is just another of those ‘average quiet Mondays,” observed a dealer. “Sort of clean-up day, with very little coming and very little going.” * Meat, butter and egg merchants were affected the same as those engaged in the sale of perishable commodities, chiefly fruits and vegetables. Along the commission house district, however, there were attractive displays of fruits, mostly from distant places. Honeydews and Persian melons con- tinued in plentiful supply, while there were not many Honeyballs in evidence. | 1, Cantaloupes, mostly from Colorado, were in fairly plentiful supply, but there were very few received from nearby. Homegrown Supply. It was sald by dealers that the nearby or so-called homegrown supply soon will become exhausted. Flats of the Colo- rado fruit sold from $1.25 to $1.50 this morning. Prices of Persian melons and Honeydews were the same as prices quoted Saturday. Apples were offered at a wide range of prices, windfalls selling around 50 eents a bushel. Top quality fruit sold around $2 a bushel basket. Dealers had peaches in all conditions to offer the trade this morning. New stock from Pennsylvania, not having been in storage, sold at $3.25 and $3.75 8 bushel, stock of nearby peaches from eold storage, not in good condition, gell- ing at alrgost any price retailers offered. Watermelons were not plentiful. Few melons from the Eastern Shore of Mary- Jand, Thurmond Grays and Improves Excels, averaging about 30 pounds, were offered at 50 cents. Dealers reported every indication of the market being glutted with late-crop tomatoes this week. Receipts of the vegetable this morning were fairly heavy, in addition to stock carried over from Saturday, and top quality receipts were offered at 75 cents, some few bringing $1. Good quality stock sold at 50 and culls at 25 cents a basket. Stringless beans were scarce and higher, dealers asking $1.75 and $2 for them. Yellow squash also were scarce and hih, receipts being so light that prices were not quoted. Prices of most other commodities this morning were substantially the same as prices quoted Saturday. Today's Wholesale Prices—Jobbers’ Prices Slightly Higher. ‘Butter—One-pound prints, tub, 45a46; store-packed, 30a32. Eggs—Hennery, 43a45; fresh selected, 38a40; current receipts, 36. \ Poultry, alive—Turkeys, hens, 35; toms, 33; Spring chickens, large, 31a32; medium, 30; small, 30; Leghorns, 26a 27; fowls, 28; Leghorn fowls, 22a23; roosters, 22; ducks, 15a20; keats, young, 60a70; old, 35a40. Dressed—Turkeys, 38a40; Spring chickens, large, 38a40; medium, 37a38; small, 35a36; Leghorns, 34a35; fowls, 34a35; roosters, 26; ducks, 28a30; keats, 80a1.00. Meats—Beef, 22!5a25; veal, 27a28; lamb, 25a28; pork loins, 35; fresh hams, 26; fresh shoulders, 22; smoked hams, 30a31; smoked shoulders, 20; bacon, 28a 32; lard, in bulk, 131; in packages, 1414, Live stock—Calves, 15a1514; lambs, 12a13. Fruit and Vegetable Review. The daily market report on fruits and vegetables, compiled by the Market News Service Bureau of Agricultural Ecohomics, says: Apples—Supplies liberal: demand light, market steady: bushel baskets, Virginia, U. S. No. 1, 2% inches up, Grimes and Baldwins, 1.5021.75; un- classified various varieties, some fair condition, 75a1.50. Cabbage—3upplies moderate; demand light, market slightly weaker; New York, 90-pound sacks, Danish type, 2.00a2.50; mostly around 2.25. Cantaloupes—Supplies moderate; de- mand light, market firm; Colorado jumbo flats, 12s and 15s, pink meats, 1.3521.50; mostly 1.50; 8s and 9s, 1.15a1.25; mostly 1.25. Miscellaneous melons—Supplies liberal; demand moderate, market dull; California, Imperial Valley, Honey Dews, crates, all sizes, 1.50a1.75; Colorado, Honey Dews, crates, all sizes, 1.25a1.50; slightly decayed low as 75; California, Persian melons, jumbo crates, 3s to 5s, 1.75a2.25; some fair condition, 1.00a1.50; standard crates, 4s and 5s, 1.50a1.75. Celery—Supplies moderate; demand light, market steady; New York, 324 crates, early varieties, mostly around 2.50. Lettuce—Supplies of Western stock light; demand moderate, market steady: Colorado, crates, Iceberg type, 4-5 dozen, some slimy, 3.00a3.50. California, crates, Iceberg type, 4-5 doeen, best, mostly 5.00; poorer lower. Eastern stock—Supplies light; demand light, market dull. New York, 1-dozen crates, big Boston type, ordinary quality and condition, 50a75; fair quality and con- dition, 50a75. Onions—Supplies light; demand light, market dull. New York, 100-pound sacks, Yellows, U. S, No. 1, medium to large size, 2.00a2.25. Peaches—Supplies moderate; demand moderate, market steady; New York, v. No. 1, bushel baskets, Belles, me- dius ze ripe, 2.00. New Jersey, bushel baskets, Elbertas, U. 8., No. 1, medium to large size, ordinary condition, 1.50a 2.00; poorer, low as 50. Virginia, bushel baskets, Salways and White Heath, 2.75. Pears—Supplies moderate; demand light, market about steady; California and Oregon, boxes, Bartletts, fancy, 3.75a4.00; New York, bushel baskets, Bartletts, fancy, mostly around 3.50. Potatoes—Supplies moderate; demand moderate, market firm; Maine, 150~ pound sacks, cobblers, U. S. No. 1, mostly 5.00; 120-pound sacks, cobblers, U. S. No. 1, 400; Pennsylvania, 120- pound sacks, round whites, U. 8. No, 1, mostly 4.00. Sweet potatoes—Supplies moderate; demand light, market firm; East Shore Virginia, cloth-top barrels, yellows, No. 1, 3.00a3.25. String beans—sSupplies liberal; = de- mand moderate; market steady; East Shore Virginia, bushel hampers, green, 1.00a1.25. ~umaa beans—Supplies liberal; demand e—ferate, market steady; -East Shore Fiaryland, bushel hampers, 1.50a1.75. Peas—Supplies light; demand light. market steady; Colorado, 45-pound crates, best, 3.50a4.00; poorer, 2.00a3.00. Tomatoes—Supplies moderate; de- mand light, market steady: nearby Maryland, 12-bushel hampers, 50a75; few higher. Grapes—Supplies moderate; ' demand moderate, market about steady; Dela- ware and East Shore Maryland, 2-quart climax baskets Concords, mostly around climax baskets Concords mostly around 80; few higher; California lugs, Thomp- gon, ‘seedless, 1.60a1.75; mostly around 1.60. . 46a47; ! Sk 'BANK MERGER COMPLETED. NEW YORK, September 16 (#).— ‘ormal consolidation of the Seaboard ational Bank and the Equitable Trust ©Go. will be effected today, completing the merger which was made possible by dn_exchange of stock. The new institution, with resources of more than $800,000,000, will ref name and charter of the Equitable Trust Co. Arthur W. Loasby, who has been president of the Equitable, becomes * chairman of the board and Chellis A. Austin, president of the Seaboard, be- eomes president of the Equitable. Besides eight offices here * the con- poiidated company will have offices in Thiladelphia, Baltimore, ‘Allanta, Chi- ©ago, Dallas, San Francisco, Pittsburgh, TIoston and Washington and severa $oreign countries, - - ' . For tain the | Southern’s FIGHT T0 CONTROL LIGHT FIRM 15 N Claude Neon Co. Files Action to Prevent Transfer of Stock. BY JOHN F. SINCLAIR. Special Dispatch to The Star, .NEW YORK, September 16.—The"in- tense struggle going on below the sur- face in industry for the-control of cer-.| tain important factors is shown by the battle for the control of Claude .Neon Lights, Inc. It seems that the Insull interests of Chicago got the right in the Midile West for the use of Claude Neon lights. It has developed that the right under Insull control have been disposed of, inst the desire of Claude Neon hts, Inc., to its chief competitors, the Rainbow Light, Inc., and the Rain- bow Luminous Products, Inc. involves about $7,000,000. This week an injunction was asked by Claude Neon Lights, Inc. against the Insull interests affected, and a tempor- ary injunction was granted. Robert L. Kester, jr., vice president of the Claude Neon Co., in his affidavit said 65 suits had been carried on by them against.alleged infringers in dif- ferent of the country, at a cost of more t| $400,000. ‘The contest apparently revolves about trade secrets. Should the deal be con- summated by which the Rainbow Lumi- nous Products, Inc., and -its subsidiary, Rainbow Light, Ins, get control, the Claude Neon people’ believe this would give their rivals the secrets they need. So Supreme Court Justice ‘Valente of New York, issued an injunction which restrained the Federal Electric Co., an Insull concern, or its agents, from dfs- posing.of any of the stock or the assets of the Claude Neon Federal Co. to the Rainbow companies or its officers, and restraining further the transfer of any sh;l’:l to th‘e &arex:g:nu in the deal. present the stock of Claude Neon lologhts, Inc., is quoted at about $36,000,~ The Claude neon light was invented by Charles Claude of France, and is the most ‘successful light of its kind. Announcement that the Simmons Co. had bought the Berkey & Gay Furni- ture Co. at Grand Rapids is another indication that the merger era in which we are now living has only begun. ‘The Simmons Co., with its main manufacturing office at Kenosha, Wis., is embarking upon an expansion pro- Flm to manufacture colored home urniture from waste products. Through & system of chemical and high-pressure reaction the company expects to manu- facture bedroom sets made from the base of peanut shells, sawdust or even cogsulks. # we can score another industrial victory for the test tube of the chemist, industry’s most valuable friend. It has acquired two years of testing to develop a wood substitute that would be durable and weatherproof and take color, according to William Lindbloom, who has charge of the Wisconsin plant. “Almost any waste product can be used,” said Mr. Lindbloom. “Remark- able results have been obtalned with sawdust shipped from the Wisconsin lumber companies, and the waste from the Virginia peanut plants.” This chemical or plastic product will not be made in imitation of wood. It will emphasize -primarily color. Dining room sets may be of one tint—just as ure for the ma; an entirely different one. 7 Y o coA ’new lldct&l"y is being erected in Wis- nsin, an e company expects to be in heayy production "of "this new ‘plastic” furniture within three months. Many people thought American in- dustry had reached the high point in 1928. . . That profits would then recede. They were mistaken. Not a recession but an advance has taken place, Corporation profits for the first half of 1929, accore to data assembled by Ernst & Ernst, are 29.43 per cent more !‘2:;1 flol;“thle.umz period last year. yright, 1939, b FARMERS ARE USING MACHINE CROP AIDS BY J. C. ROYLE. Special Dispateh to The Star. NEW YORK, September 16 —Sub- traction, one of the most simple arith- metical principles, has done more to bring the American farmer to a_satis- factory financial basis than all the efforts which the present and ensuing Congresses are likely to make. ‘The farmer has at last begun to sub- tract the cost of producing his erops from the price he receives for them. He knows now better than at any time Jjust what he is making and why he is making it. He has discovered that the cost of producing a bushel of. grain is equally as important as the price he_receives for it in the world markets, Farmers are cutting down their costs. This is being shown in the most con- vincing way today by the volume of farm equipment sales throughout the Nation. The farmer properly equinped is no longer at the mercy of the itiner- ant harvest hand, who sometimes was a college boy with'a wandering foot, a big appetite and no desire to show himself stronger in the back than in the head. The burden of harvest has been lifted from the farm women, to whom in former years the huge meals prepared for the workers were a night- mare in cost and effort. ‘The tendencv outlined above has been conclusively illustrated by the volume of grain handled by power apparatus this mer. The use of tractors, “com- bine” harvester-threshers and auto- mobile trucks has expanded tremen- dously, with consequent saving of costs and raising of profits to the farmer. ‘When the price of grain slumped earlier in the year there was a decided check to the buying of equipment of this character, as well as other farm im- plements, but now that the harvest' is over in many States the sales of. agri- cultural implements are showing a re- markable improvement, which seems likely to more than counterbalance the {earlier slump. (NORFOLK SOUTHERN OUTLOOK IMPROVES “Our traffic so far in September has shown a gain over a year ago and I estimate earni George . Layall, president of the Not. . Loyall, presiden e Nor- folk Southern Railroad, said this week. “August gross revenues were. below the corresporiding month of last year. but net for the month will aporoxi- mately equal net-for August, 1928. “General . business conditions in cur territory are satisfactory at present. We are beginning to move a good tobacco for the remainder of | i crop. Results of this year’s cotton will be about' the same as for 1928. “Almost every one along our line lins one or two automobiles and this is mak- ing serious ‘inroads on ' our mnw e Motor bus competif 1s not the “;::‘:ea‘:e; months, Norfolk - uo' ros nt:‘venuu mmm to 4.906, operating ineome $758,889. In Au 1928, {1928 totaled $9,122,317 and net operat- ing income $1,545,608. The road earned $3.79 a share on its $16,000.000 capital stock last year, against $4.63 for 1927. | It pays $2.50 annually. - Racing ‘and ‘boxing contests are held in Porto Rico every Sunday ane Doliday throughout the yéar. y , gross was $734,564 and net $124,677. Gross for ||} | Sanka Coffee ........ % EVENING STAR, WASHINGTO To Insure Perfect Egg Satisfaction at All Times, Insist'upon Fresh Selected Eggs in the “Sanico” Carton “SANICO” SELECTED Fresh EGGS Every egg sold in the “Sanico”. carton has been selected and ‘individually candled in our own ware- house. ~When' vou buy “Sanico”‘eggs you are assured of getting just -what..you purchase—twelve ‘good, 90« Check These Items! Carton of One Dozen Crisco. -5 < iy i & Z3§:,‘t $1.30 Jewel Shortening . . b 15¢ sm. tin Sealect Milk . . .. % 45c: Borden’s Milk . . . . % 5¢: % 10c Kraf Nukraft . . . . ... e 23(: Kraft American Cheese . . . .»s 23¢ Kraft Kay Cheese ... ... i 25¢ tall tin Kraft Old English . . . . .. i 29¢ Kraft Velveeta ... ... .w 23¢ “Sanico” Coffee . ... ... ¥ 45¢ Orienta Coffee . . . . .. . . ¥ 49¢ Chase & Sanborn Coffee . . . ® 60c Kaffee Hag Coffee . . . . . . ® 65¢ 69c 2 = 25¢ “Sanico” Flour . ... .12 w 62¢c old Medal Flour . . . . 12 .2 73¢ ZionFigBars . . . . .. i Gold Medal Buckwheat . . . .5« 1]¢ | Flako Pie Crust . ......» 15¢ FRESH FRUITS & Yegelablel Yellow Onions . . ... . 4 ®» 22¢ Sweet Potatoes . . . ... 4 m ]15¢ Stringless Beans Fresh Lima Beans . . . . . 3 m 25¢ Iceberg Lettuce . . . .Heis]10c, 12%¢ New Cabbage . .......» B¢ Peas, inthe Pod . . . . . . 3 m 20¢ White Onions . . . . . - Grimes Golden Apples’. . . 4 . Bartlett Pears . . . . .. .2 23c| generous supplies of good foods. Piggly Wiggly store supply your wants. You can rest assuredthat Rt = S v - T s aaiaiatisississssssatssass GROCERY_CO.u, Office and Warehouse . 4th St. N.E. These Prices: Prevail in Washington Stores ' PIGGLY WIGGLY September the 16th Vacations are over, school is ready to begin and-cooler weather is Special This Week! LIPTON’S TEA Special This Week! VA. SWEET PANCAKE Remember how good golden brown pancakes are when served on the breakfast table. 2 Pkgs. for Special This Week! HONEY DEW SLICED HAWAIIAN PINEAPPLE "The finest quality ripe Hawaiian Pineapple The No. 1 tins packed in the No. 1 size tins. contain nine smaller slices. No. 1 Tins- Special This Week! Large Pa;kage * GOLD DUST " Save on this popular cleaning powder this week. Large Special 1_'In'¢ Week! - RITTER PREPARED SPAGHETTI 2 Tins, 15¢c.: 19- 29¢ 9 Visit our nearest store and see these - fancy Grapes. To see them is to buy them. CALIFORNIA MALAGA GRAPES All our stores are now supplied with the finest qutlity Malaga Grapes. These Grapes which were shipped direct to us from California have reached their full maturity and are sweet and tasty. just around the corner. Now is the time to stock your pantries with Let your nearest “Sanitary” or the quality is the best and the prices at all times are most reasonable. Other Big Values! Silver Brand Peas . . . . . . w«](¢ ClBlue Ridge Corn . . . . ... @ W G . .. . . T7se 356 Silver Lake Cut Beets . . . . = ](c ! Silver Lake Cherry Beets . . . w ]9¢ Campbell's Beans . . . ... &« (¢ Campbell’s Soups w 10c¢ Heart of Me. Apple Sauce . . . « ]4¢ Standard Tomatoes . ... '2%](c Franco-American Spaghetti . . « ](¢ Sixteen Varieties * * * ° Sanitary Spaghetti . . . . . 3 e 25¢ Morton’s 2o Salt . ... . 10c Domestic Sardines . .. ... @ 5¢ i b e e o A Royal'Fruit Gelatine o6 el ket et 4DEES 8(: I3 “Sanico” Peanut Butter . . .*23¢ jar One Hundred and Seventy-One Modern MEAT MARKETS Legof Lamb . ...... 0 n 38¢ Rib Lamb Chops . . . . . . . s §0c Shoulder Lamb Chops . . . . » 38 Shoulder Lamb Roast . . . . » 33¢ {VealCutlets . . ....... n g5 Rib Veal Chops . ... ... n 55¢ Shoulder Veal Chops . . . . . » 38¢ Shoulder Veal Roast . . .. . » 32¢ ‘Boned Breast of Veal . . . . » 32¢ Skinless Franks . . . ». 38¢ “On the Tables of Those Who Know”, Loffler’s