Evening Star Newspaper, October 30, 1929, Page 12

12 < T THE EVENING STAR, WASHINGTON, D WEDNESDAY, OCTOBER 30, 1939 e HEAVY RECEIPTS OF RABBITS DUE Wholesalers Expect Large| Supplies of Game for Fri- day’s Market. It is expected by local wholesalers | that there will be the usual fairly heavy receipts of rabbits received in time for the Friday market, November 1 being the date of the opening of the season for the game in this city. Opening of the scason for the game in nearby States, with the exception of a few counties in Virginia, will come later. Rabbits expected here the first day of the season are expected to come from distant States, in some of which, it is stated, there is no law against the killing of the game at any time. “Rabbits promise to be plentiful this season,” was the statement of a local dealer this morning, “and an opening price around 50 cents is expected.” Inspection Is Close. Statements given out about diseased rabbits several years ago proved in- jurious to the sale of the game, it is Stated, but it is said that very few of the rabbits received in this market are diseased, and the rigid inspection on | part of the Health Department is be- | lieved to eliminate the danger. It is said that no suspicious rabbit 15 passed by the health inspectors, and should one accidentally be overlooked, it is stated the cooking would relieve the danger. It is probable that shippers in the West, chiefly in Missouri, will send | supplies here. Later heavy ship- ments will come from North Carolin and Tennessee, in addition to heavy receipts expected from Maryland and Virginia Sloppy conditions about the wholesale districts this morning proved a serious hindrance to trade. Dealers had im- mense quantities of foodstuffs,_but buy- ers were not out in large numbers. Turkeys and other lines of poultry were attractively displayed about poul- try houses, where rabbits soon will be added to the list of offerings. Condi- tion of the stock market yesterday is believed to have been reflected in the butter and egg market. Butter prices took a drop of from 1 to 3 cents, the decline being sharp. While egg prices were not affected to any material ex- tent, the market in the big egg centers | was reported irregular and quiet. _Fruit ands vegetable supplies con- tinued fairly heavy, displays of vege- tables in commission h and along the farmers’ line giving much the ap- pearance of receipts in the Spring. Spring onions and radishes were plenti- ful at 215 and 3 cents a bunch, and | dealers had fairly large quantities of so-called Spring greens. rtichokes, product of California, #o0ld around $6.50 a box. Mushrooms continued plentiful, mostly from Ken- neth Square, P: nd found slow sale around $1 and 0 for the best stock. Pumpkins for the Halloween holiday festivities continued in plentiful suppl: the largest of the field crop selling around 50 cents, Potatoes were in liberal supply, the demand moderate and the market steady. Sweet potatoes, in moderate supply, met a slow demand and steady market. With the exception of lower prices of butter, prices today were prac- tically the same as prices quoted yes- terday. Today's Wholesale Prices—Jobbers’ Prices Slightly Higher. | Butter—One-pound prints, 4415a451%; tub, 43!2a44!%; store packed, 30a32 Eggs—Hennery, 55; fresh selected, 48a 50; current receipts, 45. Poultry, alive—Turkeys, young, hens, 40; toms, 40; hens, old, 35a36; young, 35a38; Spring_chickens, large, 27a28; broilers, 30; Leghorns, 22a23; fowls, 28a29; Leghorn fowls, 20a21; roosters, 18; ducks, 15a20; keats, young, 40a85; old, 30. Dressed—Turkeys, young, 48a 50; old, 40a45; Spring chickens, large, 35a36; medium, 35; broilers, 37a38; medium, 35a36; broilers, 37a38; Leg- horns, 35; roosters, 24a25; ducks, 28a30; keats, 70a90. Meats—Beef, 20a23; veal, 24a28; lamb, 16a27; pork loins, 30 fresh hams, 22a25; fresh shoulders, 20a23; smoked hams, 26a28; smoked shoulders, 18a20; bacon, 28; lard, in pulk, 14; in pack- ages, 15. Live stock—Calves, 14'2al15; lambs, 1215a13. Fruit and Vegetablle Review. The daily market report on fruits and | vegetables (compiled by the Market News Service Bureau of Agricultural Economics) says (sales to jobbers ex- cept where otherwise noted) : Apples—Supplies _moderate; demand | light, market dull. Boxes: Washington, | extra fancy Delicious, medium to large size, 3.75 a4.00; fancy Delicious, medium to iarge size, 3.50; extra fanc: thans, medium to large , /3125, Bushel baskets: Virginia, U. S. No. 1, 2% inches up, Staymans, 2.00; 3 inches up, 2.25; 3 inches up, Black Twigs, 2.00; U. 8. No. 1, 2} inches up, Grimes, 200a2.25; U. S. No. 1, 2% inches up, Yorks, 2.00. Unclassified, various varie- ties, 1.00a1.25; poorer low as 50; Vir- ginfa, U. S. 1, 21, inches up, Yorks, 1.65a1.75. Cabbage—Supplies moderate; demand slow, market dull; New York, 90-pound sacks, Danish type (few sales), 1.50. market firm; New York, two-thirds crate, 2.25a2.50; few higher. Onions—Supplies light; demand light, market steady; New York and Michigan, 100-pound sacks, yellows, U. 8. No. 1, medium to large size, 2.00a2.25. Potatoes — Supplies liberal; demand moderate, market steady; New York and Pennsylvania, . 150-pound _sacks, round whites, U. 8. No. 1, 4.50a4.60; Maine, 150-pound sacks, Green Moun- tains, U. 8. No. 1, 4.50a4.65; some poorer condition lower: 120-pound sacks, Green Mountains, U. 8. No. 1, 3.75a4.00. Sweet potatoes—Supplies moderate; demand slow, market steady: Eastern Shore, Virginia. cloth-top barrels, yei- lows, No. 1, 2.75: some ordinary qual- ity, '2.50; Eastern Shore, Maryland, bushel hampers, yellows, No. 1, 85a1.00, String beans—Supplies light: demand moderate, market firm; Norfolk section, Virginia, bushel hampers green, round, 2.25a2.50; flat, 2.75; bushel crates green, round type, 3.00, ‘Tomatoes—Nearby truck receipts light; supplies moderate, demand light, market steady; nearby Marylard half- bushel basket, "hampers, mostly fair to ordinary quality and condition, 50a1.00; California, lugs, ripes and turning, wrap- ped, mostly around 2.00; Ohlo hothouse, 10-pound "baskets, medium size, 14va 1.60; large and small size, 1.15a1.25, Cauliflower—Supplies moderate; de- mard light, market_steady: New York Long Island crates, 2.90a3.00; Colorado, pony crates, few s 2.00. Oranges—supplies moderate; demand moderate, market steady; Florida, boxes | Parson Browns, 3.25a3.75, few best, 4.00. BALTIMORE AIRPORT Special Dispatch to The Star. BALTIMORE, October 30.—A char- ter for the Baltimore Airport, In corporation, which plans to operate an airport just outside the city limits and give Baltimore direct connection with transcontinental lines, was filed yester- day at the State Tax Commission. The charter provides for a total au- thorized sfock issue of 50.000 shares of no par vawe. For the purposes of the State bonus tax, the capitalization 1s figured at $5,000,000. The airport, to be known as Ruther- | field" Field, comprises a 200-acre trac and all the property either has been purchased or is under option. In the first eight months of this year more than $100,000,000 worth of agri- cultural implements and machinery were exported from the United States. —just another scious. every purpose, and 710 12th St. N. W. Bonds for Exceptional opportuni Main Office: Members NEW YORK, demand light, Paid on Savings CHARTER IS FILED who said it was the ““melancholy season’’? All seasons are cheerful now, since everybody is color con- ) No more depressing environments . . . ¥ Not If You Use “Murco’ Paint Products Every “Murco” Paint Product is an oppor- tunity for you to beautify. A paint for all having that attractive quality of dura- bility blended with their beauty. “Murco” advice from our experts. EJ Murphy G INCORPORATED - | Washington Ticker BY CLINTON COFFIN, Associated Press Pinancial Writer. ‘Without in the slightest degree seek- ing to minimize the catastrophe that has overtaken th: stock /markets of the country, the most competent men in responsible official positions in the Government refuse to change their opinion, that the general business situa- tion and the banking structure can be considered things apart. Further, they | point out the extraordinary difference | that exists today in conditions of the business and financial world, compared with those of 1921, 1914, and 1903, as | something approaching a guarantee that | the national economic structure can- | not be affected now as it was in the | aftermath of stock price subsidence of those days. “There isn't one of the conditions prevailing now that we had to face in 1921,” Secretary of Commerce Lamont remarked when approached on the sub- Jject. “Then, there wasn't a single com- modity in common consumption of which overstocks hadn't been built up during periods of high prices, and there were few corporations which were not carrying_inventories built up at high prices. Then, money rates were soar- ing to figures far above apything seen now. These factors are aBsent today.” What rather interests responsible officials, also, is the question of how the actual losses in the market will affect consumption. Figures of a de- pendable kind on the number of indi- viduals involved in stock market play are almost entirely absent, but the first attempts to get a line on the total indi- cate that it is somewhat smaller than | supposed. There is ground for believ- !ing that it is less than 1 per cent of the | total population, and if this proves to | be the fact, there probably will be some |difficulty in detecting the effects of | their losses in the form of reduction |in the country’s consuming power. Some | figures will probably be available on the point officially in a brief period. “In any case, the recuperative power of the United States is amazing,” Mr. Lamont added. in touching on some of the showing before him. , “It is likely to be proven again that these periods {in our commercial history are quickly | surmounted.” Right in the middle of the stock market’s disorder the American Railway Association totaled up its weekly report of carloadings and found that eurrent rail_trafic volume is coming close to setting a high record for all time. Not only were the carloadings for the week old idea gone! all easy to use . .. Get National 2477 Investment are now offered to in- vestors who wish to include in their list some senior securities with safety and attractive yields. We recommend the purchase of bonds at this time and will gladly send our cutrent list of recommenda- tions to those interested. STEIN Bros. & BOYCE Established 1853 Woodward Building WASHINGTON, D. C. Baltimore, Md. Baltimore and Washington Stock Exchanges Associate Members New York Curb Exchange OLDEST NATIONAL BANK In the District of Columbia Thoroughly Time-Tested QThe strength, the prestige, the fullness of facilities that only long years of banking can develop, com- bine to make The Metropolitan just such a custo- dian as your Payday and other funds should have. {You're invited to join forces with us now. Dollar or more will open a One Savings Account, Open Until 5:30 P.M, Oct. 31st and Nov. Ist Completely Equipped Trust Dept. National Metropolitan Bank Organized in 1814 of October 19 above any like period | not acquire with their shares any con- | widely known companies have taken for many weeks, but their total, l.g- nounced as 1,185,510, was far above the loadings of corresponding weeks in 1927’ and 1928. The association, with the aid | of regional boards of shippers, has al- ready recorded its estimate that the traffic for the last quarter of the year will be about 2 per cent better than that of last year and now finds that the exnectation s being borne out by the actual experience as the traffic begins to come in. “These figures are meeting exactly the expectations bullt up by the ship- pers’ advance study of their situations,” saild H. G. Taylor, who represents the association in co-operative effort toward gathering the figures. “Since 1923, when | accurate forecasting began, we have | had the experience of finding the real- | ized traffic meet the forecasts. and | there doesn't seem to be any reason | for changing that now.” Incidentally, under modern conditions of railroading, the increases of freight traffic have been turned pretty directly into increased earnings for the car- | riers. That has been shown all the | resent year as the financial reports ave come in during the weeks follow- ing the traffic figure: Scotchmen in their homeland are loosening up on personal expenditures to the extent that it is necessary to en- able them to purchase American soft drinks, Hedley V. Cooke, American_vice consul at Edinburgh, reports the Com- merce Department. He finds that soda fountains and ice cream parlors are be- ing established in many Scotch cities to meet_the demand. “The first fountains in Edinburgh made their appearance shortly after the war, and were installed largely for the benefit of American tourists visiting the city,” Mr. Cooke comments. “Dur- ing recent vears, however, the popu- | larity of fountain drinks has increased considerably, with the result that large numbers of native Scotchmen are now | patronizing the soda parlors with a| certain degree of regularity. It is also | noted that hotels are now selling bot- | tled soft drinks.” | | Americans who buy stocks in foreign corporations, judging from the result of & special survey made by American Government agents, are very likely to find that their holdings are devoid of or limited in voting rights. Manage- ments of a large number of foreign cor- porations, it has been found, have taken steps to see that securities owned by citizens of other countries than the one to which the corporation 1s native can- | The Commercial National Bank Pays interest on DAILY BAL- ANCES on Savings Accounts. Interest starts from DAY of deposits and earned to DAY of withdrawal. Come in and let us explain Resources Over $20,000,000. 14th & G Streets R. GOLDEN DONALDSON, President Capital, Surplus & Undivided Profits Over $2,300,000 15th Street, Opposite U. S. Treasury Schooley Motor Co. Alexandris, Va. trol over corporate management. In Germany, it is noted that while there is no legislation to bring about that state of affairs, a number of widely known companies have confined voting rights to comparatively small classes of shares, which can be kept at home. Somewhat the same policy has beeft applied in Switzerland. In Sweden, there are specific statutes requiring & national corporation to keep four-fifths of its shares in Swedish ownership. Great Britain has no legislation on the subject, though the question of in- stalling such legislation has been raised, | the report concluded, and though some ' paign for aerial safety. ooking at Shoe tells you it's smart— wearing it will tell you it is great for comfort. No other shoe offers so much. Most Styles 10 7th & K Sales Department 1509-11 Fourteenth St. N.W. |steps in the adjustment of cm! ! of shares to retain control of manage- ment in citizens of their own land. PARIS BOURSE PRICES. PARIS, October 30 (P).—Prices were weak on the Bourse today. Three per | cent rentes, 77 francs 65 centimes; 5 | per cent loan, 104 francs 15 centimes. | Exchange on London, 123 francs 85 | centimes. The dollar was quoted at 25 | | francs 38 centimes. = MARYLAND PACKERS HAVE GOOD SEASON Special Dispatch to The Star. BALTIMORE, October 30.—Packers | however, and the prevailing price has |in Kent County are finishing one of the | been 30 cents. largest packs of tomatoes in the history | of the canning industry in that section, | by the depletion of canned tomatoes in according to reports received here. More | the big markets and the failure of the than a million cases have been packed | crop in Western States. |so far, and the season has been one of | packers have already sold futures at s | has been very prolific, at no time was | the market glutted, as has been the) | case for the past few seasons. | ‘The price has never been below 25 | cents per basket for contract tomatoes and went as high as 50 cents in the open market and a few for 20 cents. The latter prices did not prevail long, ‘The packers will benefit handsomely Some of the Prance has launched a world cam- | the most profitable in years, for both good profit, while others are holding off The FIORSH EIMN SHOE Wik F The Florsheim EEZ( the grower and packer. While the yield for higher prices. HE new comfort for all feet —regular Florsheim style with added support built in—flexes with the foot— locks rigidly under pres- sure—relieves the strain that tires and weakens the arch. 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