Evening Star Newspaper, February 17, 1931, Page 12

C.. TUESDAY. FEBRUARY ELECTRIC RAILWAY THE EVENING STAR. WASHINGTON, GAS TAX REFUNDS rA-12 n. OIL FREIGHT RATE 1531 Carclina report continues. “In mar: cases gasoline refunds are made io users who are greatest direct benefici- aries of our highway. Highway con- tractors, saw mills, laundries, garages. ation and the taxation asssssed upon | COLOMBI ANS PLANNED. | duct a aurvey of the departmental fiseay a hin P lm'A«c e actibiive ot clnas Mr [ BOGOTA Ac«lf;:bh.shmr ary 17 3” !T«':MM o N e w od s v conditions, Mr. | ] | loan. shington Produce Hanna suggested that the mass irans. | —President’ Olaya Herrera announced | ‘*' | today that an American banking group | REVSON 5 SKED {. C. C. Allows Railroads Four Months to Make Changes in Charges. The TInterstate Commerce Commis- sion has given railroads four months| in which to revise the general sched- ules of freight rates on petroleum and petroleum products throughout the Northeast from the midcontinent oil refining territory to all points in the East. In addition the carriers were au- thorized to make a similar revision of | rates on gasoline moving within South- western territory. The decision indi- cated the commission intended the re- vigion s0 as to enable the railroads to meet increasing competition of new pipe line and highway transportation fa- eilities. Chairman Brainerd. who dissent>d from the majority. objected that that which carricrs have heretofore been permitted to charge” and sug- gested that the finding might result in an increased diversion of gasoline traf- fic from railroads to pipe lines. To guide the revision the commission prescribed a series of maximum key rates, which the carriers were instruct- ed not to exceed. In reorganizing the petroleum rates. practically all provided for mew schedules in excess of existing charges, but these will not necessarily be adopted. The carriers would be al- lowed “managerial discretion” de- termining how far they will cot unaer this level. X Maximum rates on petroleum prod- uets from Southwestern and New Or- leans refineries to Cincinnaii were fixcd at 50 cents per 100 pounds. at 58 cents to Detroit. at 62 cents to Pittsburgh, at 74 cents to New York and at 77 cents 1o Boston. These will be matched by proportionate charges to other un- named Eastern cities. For the Southeastern mazimum to Nashville was fix eents: to Touisville, 44; to Jacksonville, 52; to Raleigh, 61; to Richmond, 65. and to Norfolk, 68 Proportionate amounts would be charged to unnamed Southern cities, and in addition rates_from refming points west of New Orleans to South- ern cities would be given a sraduated inerease over the New Orleans sched- ules, In the movement of petroleum prod- uets within Eastern territory carrie were instructed to fix rates not to o “the | Jevel of the rates prescribed exceeds | Butter—One-pcund prints, 33a34; tub, 31a32. | |gE58"Hennery, 20; cutrent recelpts, Poultry, alive—Turkeys, young. 35a 36: old, 30a32: Winter chickens, 28a30: Spring broflers, 35a37; hens, large, 21a | 22; small, 16a17; Leghorns, 15; roosters, 13; ducks, 15; keats, large and_young, | 60a65; old. 35a30. 'Dressed—Turkey. | young, 40a42: old, 35a36; Winter chick- | ens, 33: Leghorns, 18: Spring_broiler: | 45;" hens, heavy, 24a35 | capons, large, ~ 37a38; small, 32a33: | ducks, 24a25; roosters, 15; keats, young, | 70280} old, 40a45. Meats—Fresh-killed, beef, 14a22: veal | 18a21; 1amb, 21; pork loins, 18a20; | fresh ‘ham... 20: ‘fresh shoulders, 14; smoked hams, 22a24; smoked shoulders, | 13214; strip bacon, 23a34: lard, in bulk, 191,a10; in packages, 10a101.. Live stock—Hogs. medium and light, 5: pigs, 7.008 valves, 7.00a lambs, 8.00a9.00. Fruits—Strawberries, 50: honeydews, Chile, 3.00a3.50; oranges, Florida, 2.75a 3.75: California, 3.00a4.50: lemons, 3.50 a5.00: tangerine: i Rrapes, Emperors, | baskets, 5 pears, box stock, 3.50a3.75; cranberrie: 5 .50, limes, per 100, 2.00. Vegetables — Potatoes, 150-pound sacks, 3.25; new_potatoes, Florida, 2.00 A2.50, mostly 2. Idaho bakers, 100 pounds, 2.75: sweets, per bushel, 1.00a 00: caulifiower, 5; string beans, 00a5.00; eggplant, Cuba, 4.50: pep- pers, 3.00a3.50; broccoli, 3.00a3.25: cab- bage, new. per hamper, 1.50a1.75; 90- pound sacks, 1.25; old, per sack, 1.25a 1.50: lettuce, Iceberg. 3.00a3.50; Flor- ; spinach, 1.00 758 .00; s, 6.00; cucumbers, Florida and Bos- ton hot house, per dozen. 1.25; toma- toes, repacks, per pan, 1.00: asparagus fancy, California, per dozen bunches, 20.00; okra, Cuba, 6-pan crates, 6.00a 9.00, COAL PRODUCTION. By the Associated Prese. Production of bituminous coal de- creased 2.6 per cent during the week ended February 7 as compared with the previous period. The changes in out- put, for comparable periods, as calcu- lated by the United States Bureau of Mines, follow: Week ended February 7. Previous week. .. Same week last 3 | - - | Brass Prices Advanced. | NEW YORK, February 17 ().— | The American Brass Co. has advanced prices one-quarter of a cent a pound. bringing quotations in a line with the 7,828,000 tons 8.037.000 tons ,000 tons small, 20a21; | pineapples, 4.00a | CAUSE INQURES |State Legislatures Investi- | gate Sale of Colored Fuels for Farm Use. BY JOHN F. MILLER. Gasoline which has been colored navy blue or black will be taboo for operat- ing automobiles in some States, if bills | | which are now pending become laws. number of States provide for a refund of the gasoline tax in the case of fuel | which has not been used to propel a | | vehicle over the public highways. The |icea of the tax, they contend, is to make the people who use the roads pay for them. and if the fuel is used in run- | ning threshing machines, or for clean- |ing purposes, the user should get his moncy back. Refunds Heavy. ‘The difficulty is that the refunds are becoming quite heavy. In one of the Western States an automobil | association was so unkind as to sugges that much gasoline supposed to have been used in tractors and combines | was really used to propel motor cars |over the public highways. In order to have a convenient “double-check” on the situation, the lawmakers now propose to sell the colored gasoline free of tax, but to | make its use in operating motor ve- hicles over the roads a criminal offense. In one State, which now permits no refunds whatever, the bill proposes a | change, with the colored gisoline as | a safeguard. The bill says» “Any per- son who shall use such colored gasoline or motor fuel fcr the operation of any mctor vehicle on the public streeis or | public highways in this State shall be | guilty of a misdemeanor, and upon con- | viction thereof shall be fined mnot less than $200 nor more than $500, or by impriscoment, in the county jail for not less than 30 days, not more than 90 | days, or by both such fine and imprison- ment.” On the other hand North Carolina, which has always permitted refunds, | proposed to eliminate. them entirely. | “The refund policy has become far | reaching in its consegquences.. It is already seriously undermining our high- | way revenue. with every indication . of a continuing spread.” the State Tax Commission said in its recent report, Several Bills Introduced. | “In mo other form of tax levied do we recall A refund to every one who ceed 321, per cent of first-class fresh | domestic level of 10 cents a pound for | cannot trace an equivalent direct bene- &chedule: ! copper. | At for the tax payment,” the North OPPORTUNITY Members NEW YORK AND BALTIMORE STOCK EXCHANGES Assoctate Member NEW YORK CURB EXCHANGE T have been built up size and high state of HE great corporations of this country to their present efficiency by in- telligence and intense concentration on problems. affecting the various lines in which the corporation The .present market usual opportunities to specializes. offers many un- obtain stocks of our best corporations on a fair divi- dend yield basis. We have prepared a list of stocks divided into three groups, according to investment merit. Mackubin, Goodrich & Co. 1508 H STREET WASHINGTON, D. C. ESTABLISHED 1899 B oA NIKE*R S REDWOOD & SOUTH STS. BALTIMORE, MD. At the First Sign of a Cough Thousands Turn to T heir Bottle of Hall’'s Expectorant for Prompt, Safe Relief A survey made today showed that a | A cough seemingly taviial the is very often manufacturers, country clubs, and many others who receive refunds of gasoline tax are in fact beneficiaries from our | highways in much greater proportion | than is represented by the tax cn their | gasoline.” | Tt is interesting to mote that several bills to permit refunds have been intro- duced in Pennsylvania. whose courts | went so far as to hold that gasoline | used to make a road dressing mixture | for the purpose of repairing the high- | way was subject to tax. (Copyright, 1931.) | DIVIDENDS DECLARED NEW YORK. February 17 (#).— | i ( Regular. Pay- able Mar. Mar. Hidrs. of reeord Feb. 25 | Peb. 28 Feb. 28 Feb. 18 . 18 Company. Mar. 1 Mar, 20 .18 | T ards v Eauity Invest 6% Bt 75¢ Fed Pow & Lt pf. $1.50 Fed Min & Smeit [ 123 M Pow Co 77 pf. 5175 D 2 pf.. 5150 n Pub ! s0c | Natl Catuglty iDety [30c Nor ‘Am Util Sec st ot o | Okla Gas & Ei pf. 3178 | 67 pf $1.50 | prairie’ OIl" & "Gias |Prairie Pine Line | Railroad Shares Research Invi ment ot Schift €0 7% pf.. Super Port Cem A."27'zc Svracuse Light 7 Bl £ Do. 8127 pf. 3182 7 ot 51 00 000 29 o o 00 Lindsay Nu ot 121z Do. 6% b 30 Valley Mould Tron of viking Pump pf 9o 090 Zdpp POOOO Increased. e Q #2tac Omitted. | Prairie Pipe Line...50c Fx Doctor Pepper FEauity Investors “ Due Mar.u | Machine-Tool Trading. | NEW YORK, February 17 (P).— | | Trading in the country’s machine and Machine-tool markets held cn a fairly | even course during the past week, with | some improvement reported from cer- | tain cenfers and inquiries running in | Teports. 1 28 | people in the cities must be tra PROTECTION URGED Association Head Says Carriers Must Be Guarded Against Unfair Competition. The threat>ning sword of municipal ownership was suspended over the trac- tion situation of the ecountry today by J. H. Hanna, president of the American Electric Railway Association. clared that tremendous expenditures were needed for continuanca of mass transportation service and asserted that if_private capital was not given a sat- isfactory settlement of franchise prob- lems and assurance cf protection against wasteful and unfair competition, it would cease to invest. The only alter- native, he added, would be municipal ownership, which he stated had been thoroughly unsatisfactory in the cities where it had been put into efTect. Mr. Hanna said that mass transpor- | tation by means of surface electric rail- ways, elevated railways, subways and busses is essential, s sported dally between their work and homes, places of amusement and elsewhere, | part of this transportation which ¢an be | on foot is decreasing because of urban expansions. The president of the asso- ciation stated, that if the street rail- ways of the country are to be removed from the city streets, 1t would require from 2'; to 14 additional streets in each | case to accommodate the traffic in pri- vate vehicles. Suggests Correetive Higher fates, Mr. Hanna asserted, would not result in the solution of the problem of furnishing the best available service at ths lowest price consistent with cost. If fares higher than 10 cents should be tried, it would result in logses in the profitable short-haul busi- ness, which would counterbalance the benefit of the higher rate. The length of ride for one fare has been so ex- tend=d that it has been difficult to fur- nish service pleasing enough to hold old which would pay the full cost of oper- He de- | portation companies be relieved of what he termed unfair tax burdens, such a: |street_cleaning and sprinkling, traffic policemen and specia] traffic and fran- chise taxes of all sorts. “In spite of th> | rather general political activity respect- ing public ownership,” Mr. Hanna said. “I do not believe that the mass of our citizens want to see Government, cither | National, State or municipal, encroach further on private capital in business. “Experience in the Government operation of the railroads and of muni- | cipal ownership and operation of street railways in Detroit, Seattle and San | Francisco has not been successful {enough to encourage any general tak- |ing over by the Government of the whole utility field. There does not seem to be any general sentiment favoring | Government going into business which is not profitable.” Franchise Question. In_order fo attract private capital | Mr. Hanna proposed that in every dif- | ferent location there should be a defi- nite settlement of the franchise ques- |tion. so that investors would be guar- |anteed permission to operate over an | extended period. He also suggested that mass ‘transportation be relieved of its present burden as a tax gatherer |and from unfair and wasteful compe- tition. “The best results will be obtaine,” he concluded. “if all forms of public passenger transportation in cities are | operated by one agency, with relief from | wasteful competition and with unrea- conable tax burdens eliminated. If these things are done, and the working agreement is otherwise reasonable, | profitable operation under a rate of | fare which will attract, result. Money will be available for jm- provements and our whole perplexing problem well on the way to permanent and satisfactory solution.” (Copyright, 1931.) B. & 0. IMPROVEMENTS. | BALTIMORE, February 17 (Special). Improvements contemplated by the Baltimore & Ohio Railroad for 1931 will total approximately $35,000.000. accord- ing to F. X. Milholland, assistant to the senior vice president. The ‘arhount will b> nearly triple that set aside for improvements and addi- tions in 1930 and will include approxi- mately $4,000,000 for new equipment. This is expected to be the largest single expenditure, Mr. Milholland said, the remainder being scheduled to go for business will good volume, the American Machinist |riders and attract new ones at a rate | additions and betterments throughout the system. New York and including the first Na- | tional of Boston and the Continentai of | Ilinois plans Joans to regional depart- | ments of Colombia, after arrangements | for the £20,000,000 national lcan have been completed. The bankers will con- Space aded by the National City Bank of | CAMP SPRINGS, Md. February 17 | (Special).—Under auspices of and for | the benefit of Bell's Church, & turkey | supper “will be served at the church ‘Thursday evening from 4 to 8 o'clock. value unexcelled U ALUE in office space rentals should be meacured by these high standards set by The Woodward Ruilding— exceptionally large rooms . . . ideally acces- ible location , , . unusually light and airy . . extremely moderate rentals, Compare thece outstanding features enjoyed by tenants in ‘The Woodward Building with thoce of any other modern office building. You will be cure then to appreciate whe such high type business men are tenants of The Woodward Ruilding. 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No higher authority could have been called upon to prove the merits of Germ- Processed oil. No more sweeping commen- dation could have been asked for. The com- plete story of the Pike’s Peak tests is told in an attractive booklet. We'll gladly send you a copy upon your request mailed to “Con- oco, Ponca City, Oklahoma”. . ..or you can obtain it at stations showing the sign of the Conoco Red Triangle when you go there to change to Germ-Processed oil, as thousands of other motorists are doing every day. CONOCO GERM PROCESSED PARAFFIN BASE MO'TG[; OlIL COMPANN forerunner of more serious illness if it isn’t promptly checked. 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