Evening star. [volume], March 20, 1928, Page 11, Image 11

About Evening star. [volume] (Washington, D.C.) 1854-1972

Image provided by: Library of Congress, Washington, DC

                
' WIRE MERGER AID
TO TRADE ABROAD
Big Help to U. S.-Latir
America Business Seen in
I. T. & T. and Mackay Plan.
BY J. C. BOYLE.
#S W >*} IVspatvh to TJ>» Smr.
NEW YORK. March 30 —The foreigr
trade of the United States, especially
that, with Latin America, undoubtedly
will be affected if the mercer of thr
International Telephone A: Telegraph
Co and the Mackay companies, now
Under consideration, goes through.
International trade experts have de
clared repeatedly that prompt and easy
communication was a prime essential
to the stimulation of commerce. This
mercer would aid in presiding such
communication and if it is approved
American manufacturers can tell short
‘ ly just whether they want to know for
eign customers more closely or not.
The International Telephone Ar Tele
graph Co. operates through its subsid
iaries telegraph and telephone systems
in Spam. Mexico. Cuba. Porto Rico.
Chile, Uruguay and Brazil, li also acts
as a distributor of household electric
products and equipment for the General
Electric Co in many foreign countries.
It has a system of cable and land tele
graph lines which connect the United
States with Central and South America.
l Has Prominent Place.
Although it has been in business only
seven years, it has attained a prominent
place in the foreign communications
field In 1927 it had a net income of
sl4 413,195. The Mackay Companies is
a holding company !or the Postal Tele
graph s\sir ui amt (lie Commercial
Cables. The company co-ordinates
communication by telegraph, cable and
radio and specialises in facsimile and
photo-electric transmission The finan
cial position of the Mackay Companies'
aubsidiar.es is very strong
Telephone calls are now being made
i at the rate of 75.hbh.0h0 a day in the
United Btat.es The rate is not so high
in Latin America, but if only a mod
e-«te number of conversation* are
transmuted under the new hook-up. it
should enable business men of the vari
ous countries to come to a closer under
standing.
American business men have over
$s 000.000 000 invested in the countries
which will be connected.
‘ We have got to make it easier for
foreign nations to buy our goods in
every way we can." declared J. D.
Mooney, president of the General Mo
tors Export C-0.. today. "Improvements
in means of communication and trans
portation have brought nations closer
together until today there-is only slight
difference between the mechanics of
domestic and export business. The long
distance telephone, the airplane, the
radio and the motor car have changed
things materially.
Facilitates Branch Operation.
**Our offices in Brasil Argentine and
Uruguay keep up constant communica
tion with one another by wireless. Many
use airplanes to transmit mail. Great
corporations are able to operate
branches all over the world because of
the improvements made in communica
tion and transportation.”
America's trade with the nations
which will be connected by the newly
projected arrangements now is In a
fairly satisfactory state That is. it
shows a moderate balance of trade in
favor of the United States This needs
expansion since the competition, espe
ciallv from Great Britain. Germany,
Italy and France, is becoming more in
tensive dailv All of these nations have
an advantage in ships and shipping
facilities as compared with the United
States The distance goods must be
carried favors ’-hi* country in most in
stances
It behooves the United States, there
fore. to make the most of the advan
tages of communication which now are
undoubtedly possessed In the fluctua
tions of foreign exchange alone such
advantage is of invaluable benefit.
Wall Street Briefs
STOCK EXCHANGE SEATS
Transfer of two memberships in the
New York Stock Exchange has been ar
ranged at a new record price of *325 -
000 each, subject to approval of ex
change authorities. This is *5,000 above
the previous transaction.
INTERNATIONAL BUSINESS MA
CHlNES—lnternational Business Ma
chines had a prosperous year in 1927,
earning? being equal to *7.66 a share
agams* *6 SI a share in 1926. Net profit
yoae to *4 435.318 from *3,788,249.
AMERICAN DEPT~ STORES CORr
Forty thousand share* of no par
value voting common stock of Ameri
can Department Stores Corporation will
be offered for public subscription short
ly by Schuller A Co. and w. H. Jone*
At Co.
DELAWARE At HUDSON. —J. Tabor
I/jree, vice president of the Delaware A
Hudson Co innate* that gross reve
nues and net operating income for Feb
ruary win be Vmailer than a year ago.
due to slowing down of business 'he its*
tty) of month. Current traffic
la running behind 1927 but ’he change
in character of ousm.es* moved wou.d
fce’p earning* he believed.
AMERICAN SAFETY RAZOR - Mil
ten Dammann ha* been elected presi
dent of American Safety Razor Co, sue
cjhhAmg the .ss’e Joseph H Kaufman
Chari** D Makepeace vice president
••aboard National Bare and Car!
Kaufrr.ar *.pe president Federal Ao-
Agency elected directors
COLORADO FUEL 4 IRON —Coio
ra£' Rue; 4 Ir-n earned *7 10 a share
rm the frrtiTwm >n 5V27 af’er 8 per cer
nr'e*er**c dividend*, against *7 80 a
ihar# ir. 1926 Consolidated net income
Oft lined v> *2 *77.818 from *2.748.414
HURP MOTOR CAR CO Du BoiS
Young jewd*'.’ '>! Kupp Mo*.crCar Co
rep</r’f d/par’menu a’, the iiighe*
, mtung rale ever ariaioed Sale* nit
the ii.r;.v lor tnl* tim* of year dealer*
having root* unfilled orders on the.r
rsttsUf T.an at an;, previous rime On
ldar*h *h* compeny had order* for
mo than 7<m tar* for March ship
men* Record ehipmenu of 8,21* f *’'
*er* mao* :r. -ary.
banc: i Ai.y con rotation w*sj
h-reet report* *ha' Ears/Haty Corpir*
non «« negoiia’ing to buy the h’a'e
F**ik 4 'li C t/i New York were c
».;*d i» offi' .a. '»! r*>' . institution*
UNITED SI A IKS INDL'STPIAI AI
f OMOL CO Elimination of g<c<d wh!
ih' *a'r'.*d ••>.. iU book* a' between
»;B.<FiN 'CF ai.d *J9 'd'b.Wl i*. raid in
f(# plgriri* d n; L <.)v d K‘a**»
Alcollbi *>» 7 hi* it-m f.av not oe< <j
**'gte*&*/"> Hi ov niff ' i a . alia /.*
tn io*-i* out wa* included m
proper i** "W t.cd * a rieo «' *44
1,22.0*7 ai of tJiftn.ijfi 31 i92b Cfcpl
-
per neri' pf*> <d ao * *' *l2 / and
;-4dho*i rnai'r of miTil/iOfi *IOO pa r
'id* IMi'K: liJC/l* ir ' ',o - ><l 1/1 ft)'/*
bit Rdd i* 1 JOii C i.'-ld. 30 pei «enl *.f
the i • tf.tr,’if, tVO
FVfcUr NFFVfVrK OJ NFW JEN
EE'/- 7ne pamphlet icpoit of Puop/
bervire Corporation of New Jei*ey an*!
iUPSidarie* for 1927 show* ne* inr/ime
w f •14.4*4 318 eouk hfU-l psefeiHo
dividend* to * / '.. i a aha re on m* »o,n
rnosi, aga.ni: *l2 728 276 ».r *2 44 a
tnare. in J 928 on a wiiaiicf anioii* 1 «')
•vxra bi; Vend: j g Or on* operating rev
roue*, Os *118.668#68 and r, ■ in'onu
were ie -i/O* !>..»*• 5.0 <3 in- nen >
of *!• lor to* y»#i gito was
a it**>M»-
iLOREE SAYS SOUTHWEST
MERGER PLAN IS NEAR
)i NEW YORK. March 20 (A*).—Rumors
i that his plan for a merger of Kansas
! Citv Southern. St. Louis Southwestern
i and Mlssour. Kansas <te Texas Railroads
i had been abandoned, were denied yes
j terday by Leonor F. force. A new
j plan, he reiterated, will be ready for
| submission to the Interstate Commerce
n Commission on April 2.
Mr, Lorre declined to comment on
report* that stock of the Missourl-
Ksnaas-Texas. which was acquired as
part of the original consolidation pro
gram. had been sold. Purchase of
these shares had been disapproved by
the Interstate Commerce Commission,
which has cited the Kansas City South
ern to appear next Monday to answer
charges of violation of the Clayton act
„! through continued holding of the se
i curities.
*
COTTON HAS ADVANCE
> ON GINNING FIGURES
V
l All Months Make New High
5 |
a? Ground on the Movement in
Today’s Dealings.
- ! Ry *hp Awe. iati'f! Press.
NEW YORK. March 20—The cot
s ton market opened Arm today at an
1. 1 advance of 15 to 31 points active posi
s tions quickly selling 38 to 36 points net
: higher on covering or rebuying by re
-1 cent sellers, evidently influenced by the
ginning figures.
All months made new high ground
i for the movement. May selling up to
10 30 and October to 18.90 These
prices attracted realising, and the mar
ket eased off several points from the
• best by the end of the first hour.
[ The census report showed ginnings ;
= of 12.777.505 running bales, counting
' round as half, from the growth of 1927.
• making 12.950.473 equivalent 500-pound
bales, compared wilh the Government's
i Tlecember estimate of 12,789.000 bales
, i These figures were considered very close
i to the forecast and demand was attrib
i uted partly to a renewal of last week’s
j buvtng movement, which had been
' 4 checked by uncertainty as to the show
| mg of thts morning'* report.
■ ;
REPORT OF SKELLY OIL
IS OPTIMISTIC ON 1928
NEW YORK. N Y.. March 19 (A*l—
An improved outlook for the oil In
dustry Ls predicted in the annual re
t port of the Skelly Oil Co., sent to stock
! holders yesterday. The industry, as a j
i whole, experienced one of Its worst
years in 1927. when American produc- j
tion of crude oil was 17 per cent in
excess of 1926 totals and greatly in ex- j
cess of the demand.
"There is no present reason to be- :
lieve that 1928 production will reach
the unprecedented mark set in 1927.” j
the report states, “and it is likely that
large draft* will have to be made on
stock in storage. Through this reversal
of conditions, the industry may expect i
in 1928 better average prices and larger;
! profits. ”
Further encouragement for the in-
J dustry is seen in the disposition of oil
I ! companies to study the fundamental
causes of recurrent periods of over
■ production and to devise means for
, stabilization.
> Net earnings of the company In 1927 1
’ were *7.841.728. equivalent to *1 31 on I
■ the common stock, as compared with 1
*5.691,345. or *5.58 per share, in 1926.
WEIGHT PROFITS GAIN.
NEW YORK. March 20 OP).—Wright
i j Aeronautical Corporation earned $3 74 s
• i per share on the capital stock in 1927 j
as compared with *2.80 in 1926. the an
nual report shows. Net income was
} *933.899 as compared with *700,688 for
j 1926. Unfilled orders on January 1
totaled *4,468.520 as against *1.925,641
and since then $3,327,275 in orders have !
I been booked.
SILVER QUOTATIONS.
NEW YORK. March 20 <*»).—Bar sil
ver. 57**. Mexican dollars, 44. |
NfERd
I x ARROW
A surprising number of people
are denying themselves a Pierce-
Arrow, believing it beyond their reach.
Actually, Pierce-Arrow ownership is one of life’s
great luxuries without the penalty of great cost .
f * j
FROM *2900 AT BUFFALO
Fi
You may purchase a Pierce-Arrow out of income, if you prefer. A simpli
n fed finanewg plan makes this a most practical procedure. Your present
car accepted at cash up to the Jull amount of its appraisal valuation.
# i
“Pwrco-A rrow Prestige
4 Justified hy
SI Pierce-Arrow Perfection M
j DAVID S. HKNDKICK
I Ml ( fiim, A vr. I ranklin 1511
ue Si 4l imii, Ulilitlio I"00 Kutuilliiii H<i.
TTTF, EVENTNtt STAB. TVASHTX'GTO'Nr. T>. f?.. TTESTUY. MAT?(TIT 2n, m*.
VEGETABLE SUPPLY
IN MARKET LIGHT
Poultry, Butter, Eggs and
Meats Are Plentiful at
Unchanged Prices.
Light supplies of most vegetables be
ing received from Mexico. Florida.
Texas and California were reported this
morning, with only limited demands.
Only supplies of cucumbers in the
local market this morning were those J
grown in hothouses Beets, cauliflower,!
carrots, squash, string beans, peppers j
and tomatoes were the vegetables re- j
ported in light supply.
I iberal supplies of old potatoes and I
moderate supplies of onions, cabbage,
spinach and lettuce were reported. A
light demand for moderate receipts of
apples made the market dull. Bananas
continued plentiful and cheap, whtle;
strawberries, product of Florida grow- j
ers, were not so plentiful. The demand ;
for the berries was reported light, mak- i
lng the market steady. 1
Poultry, butter, eggs and meats were
plentiful enough to continue prices re- !
ported the past several days. Prices 1
of practically all commodities w ere sub- j
stantlally the same as prices reported
yesterday.
Today’* Wholesale Prices.
Butter One-pound prints. 52a52'i; |
tub, 50a51; store packed, 30.
Eggs- Fresh selected, 2Ra29; hennerv.!
29a30; current receipts, 27.
Poultry, alive—Turkeys. 37*40: Spring j
chickens, 35a38: fowls, 26: roosters, 17a
18: ducks, 24a25; keats, young, 70a75;
old. 35. Dressed Turkeys. '3B a 45;
Spring chickens. 35r40; fowls, large.
28a30; small, 25a26; roosters. 20a21;
capons, fancy, heavy, 42a Kl; small, 3Ua
35; ducks, 27a28; keats, 80at*0.
Meats, fresh killed- Beef, 20a22;'
veal. 22a24: lamb. 28a30; fresh hams,
18a20: loins, J7alß: fresh shoulder, 12a
13; smoked hams. 23; smoked shoul-t
ders, 12'-a!3; calves, 13a14; lambs, 13.
Fruit and Vegetable Review.
Today's market report on fruit* and
vegetables, compiled by the Market •
! News Service Bureau of Agricultural :
Economics, says:
Apples—Supplies moderate; demand j
light, market dull; barrels. Virginia, j
United States No. 1. 2' 4 inches up, !
Winesaps, best, 8.00a9 00: poorer, 7.50; j
; boxes. Washington, medium to large
sire, extra fancy Delicious. 4 50a5 00; I
Winesaps, 4.00: bushel baskets. United!
States, No. 1. Pennsylvania.
up. Winesaps, 3.00.
Cabbage—Supplies moderate; demand
moderate, market firm; new stock, j
Florida. IH-bushel hampers, pointed;
type, 2 00&2 50. mostly 2 25n2 50; Texas,
bulk per ton flat type, few sales, 9 00;
old stock. New York, sacked per hun
dredweight Danish type, 1.50.
Asparagus—Supplies light; demand
(limited, market steadv; California.'
doren bunch crates green, large size,
8.50.
Celery—Supplies light; demand light, ;
market steady; Florida. 10-tnch crates I
6-8 dozen, 3 25a3.50; 3-4 dozen, 3 00a
1 3.25. •
Lettuce Market Steady.
Lettuce—Supplies of Western stock
moderate; demand moderate, market j
steady; California, erates. Iceberg type,
4-5 dozen. 3.25a3 50; some fair condi
tion. 3.00; supplies of Southern stork
light; demand light, mirket steadv; j
Florida, wide range quality and condi- !
; tion. wide range prices, l' 2 -bushel
hampers big Boston type, 2 00a3 50
Onions Supplies moderate: de- i
mand light, market firm: Michigan and
Ohio, 100-pound sacks yellows u. s No
1. medium to large size 4.60a4.75. few
higher; some medium, 4 50.
Potatoes—Supplies liberal; demand
moderate, market steady; Michigan, j
i 150-pound sacks Russet Rural*. U. S |
i No. I, mostly 4.30*5.25: Pennsylvania i
; arid New York. 150-pound sacks round
' whites, 4 00a4.25; Idaho. 110-pound
{sacks Burals. U. S. No. 1. 3SOs3 75;l
Maine, 150-pound sacks Cobblers, U. S.
No. 1, 4.50, few higher.
Spinach—Supplies liberal; demand
light, market, slightly weaker; Texas,
bushel baskets Savoy type, 95*1.00;
some ordinary condition. 75; Norfolk
section. Virginia, bushel baskets Savoy
type, 75a90.
Strawberries —Supplies very light; de
mand light, market stronger; Florida,
pony refrigerators Missionaries, mostly l
around 65 per quart,
i Tomatoes—Supplies light: demand
limited, market firm; New York City,
unknown origin, threes, ripes, wrapped,
fancy count, 4.50*5.00; choice count,
3.50a 4.00; repacked in Pittsburgh,
threes, ripes. wrapped, choice count,
4.50; 108 s, 3.50*3.75; originals, Mexico,
lug boxes ripes and turning, wrapped,
7x7 count, mostly around 5.00; 6x6
count, mostly 5.50.
String Beans null.
String beans—Supplies light; demand
light, market dull; most stock ordinary
quality and condition; Florida, %-
ibushel hampers, green, 2.00a4.00; wax,
[ no sales reported.
Cucumbers--No supplies on market.
! Eggplant—Supplies very light; too
! few sales reported to quote.
Squash—Too few early sales reported
! to quote.
Peppers-—Supplies light; demand
light, market dull; Florida, pepper
crates, fancy. 4.00a4.50.
i Carrots—Supplies light; demand light,
market steady; Texas, bushel baskets,
I 2.25*2.50.
i Beet* —Supplies light: demand light,
market firm; Texas, bushel baskets,
T nunched, 2.50*2.75; mostly 2.75.
I Cauliflower—Supplies light; demand
j light, market steady; California, crates,
2.00a2.25.
! Oranges—Supplies liberal; demand
moderate, market steady: California,
boxes, Navels, medium size. 6 00a6.25;
large size, discounted: Florida, boxes,
mostly Valencias, medium size. 6.50a
7.00, large to small size, discounted,
j Grapefruit—Supplies light; demand
moderate, market Arm; Florida, boxes,
i medium size. 5.50a6.00.
*-
STEEL TRADE GAINS.
Business of Eastern Rolling Mill
Running Ahead of lDiiS.
ltv th# AMorlated Pres*.
BALTIMORE. March 20.—“Produc-
I tion and consumption, so far as our
] company is concerned, is about balanced
for the first quarter of the current
! year—that is to say. shipments and
bookings averaged about 300 tons daily,”
said A. J. Hazlett, president of the East
! ern Rolling Mill Co . in commenting on
i the outlook for the steel industry.
! "We have enough orders booked,” he
! addrd. “to keep the plant going in full
i for at least two weeks, even if we did
! not receive another order during that
interval, but new business is being
booked in satisfactory volume We ex
i pf ct a large tonnage during the second
quarter.
! "Our business thus far this year Ls
I substantially in excess of the eorre
! spending period in 1927, The mill ls
running 24 hours daily, employing 1.090
men. working in three shifts of eight
! hours each.”
BUILDING CONTRACTS UP.
NEW YORK. March 20 (A?\ —Build- j
ing and engineering contracts aggre
gating $134,280,900 were awarded In
; the 37 States east of the Rocky Moun
tains the past week, an increase of
nearly *22.000.000 over the record for
the previous week. F. W. Dodge Cor
poration reports. The daily average of
contracts from January 1 to March 16,
amounting to *18.839,200. show* *n in
i crease over the daily average through
the first three months last year. The
largest contract for the week was *5.-
000 000 for an electric power plant in
Massachusetts.
.. #
REVENUES SHOW GAIN.
CHICAOO, March 20 <4*l.—'The Ken
j tueky Utilities Co. reported today that
I it*. 1927 grass operating revenues were
*5.942,432. compared with *5,119.786 in
! 1926. Income after bond interest.
! amortization and other expenditures
j was *1 506.690 in 1927, compared with
i *1,325.357 in 1926. Available to com
mon stock after preferred dividends was 1
*860.543 in 1927, against *691.442 in
! 1926 The company serves 167 com-;
I mutinies.
WHEAT HAS REACTION
AFTER EARLY CLIMB
Corn, Oat* and Provisions Also Are
Firmer at Times in Dealing*
at Chicago.
s
Tty th* AsaoHutpri Pr/»*.
CHICAGO. March 20 —Unlooked-for
strength shown by wheat quotations at
Liverpool led to an early advance to- |
day in wheat values here, but reactions |
followed. Liverpool upturns were ac
companied by reports that urgent de- j
mand from Continental Europe was ex- j
perted for nearby wheat. Starting at :
a shade to 1 cent gain, Chicago wheat |
afterward underwent a sag. Corn, oats !
and provisions also were firmer at
times, corn opening %to * t c higher,
but later reacting to a low at yester
day's finish.
Simultaneous with bulges in the
wheat market today rye advanced to a
new high-price record for the season.
Advices which were current telling of
more pressing need of bread-stuffs for
Continental European countries, how
ever. were largely counterbalanced by
word that liberal purchases of Argen
tine wheat for Europe had been effected.
Profit-taking sales on advances here
also were much in pvidenre.
Persistent selling of corn on the part
of various speculators developed today
when the corn market scored advances j
because of talk of prospective further |
export business, combined with a de- j
crease in corn arrivals throughout the j
West. On the ensuing declines, though,
another speculative group became con- j
spicuous on the buying side of the mar- ,
ket and did a good deal to keep values ;
in poise.
MACHINERY MOVING.
NEW YORK. March 20 ’The 1
trend of business in machinery and ma- \
chine tools again ls upward, with many
indications that the first half of 1928
will see a record volume of business, j
American Machinist, reports. A feature
in the situation is the Increased buying
interest by railroads, although automo
tive activity continues to furnish a large
part of the business.
———•— -
PLAN 7 PER CENT DIVIDEND.
BERLIN, March 20 The board
of directors of the German Atlantic
Gable Co. today decided to propose a ;
dividend of 7 per cent for 1927. No
dividend was declared during the pre- j
vious year. It was stated that traffic i
has increased notably since the new j
Azores cable has been in operation.
NEW YORK MARKETS.
NEW YORK. March 20 (*»>.—Rye
firm; No. 2 Western. 1.36' 4 f.o.b. New
York, and 1.34’ 2 c.i.f. export. Other j
articles unchanged.
spring- clean
your car
.
Any motor car that is driven all correct “Standard” lubricant for
winter needs a thorough “going each job is also specified,
over” in the spring. An hour or Clip out this list and use it as a
two spent oiling and greasing handy reference. If you prefer to
your car now’ will give you a feel* have your “Standard” dealer do
ing of greater security’ and may , the work, turn it over to him,
save many repairs later. -Jj with the items checked which
For your convenience a list you serviced. You can
is printed below r of the parts * ? # always depend upon “Stand*
normally requiring atten- ard”productsand“Standard”
tion at this time service—any time of year
of the year. The place you go.
WORK CHART
and RECOMMENDATIONS
□ Flush crankcase “Standard” Flushing CHI
□ Refill crankcase with fresh oil “Standard” Motor CHI (consult
chart for correct grade)
□ Lubricate chassis all points “Standard” Pressure Gun Grease
□ Fill all grease cups “Standard” Motor Cup Grease
□ Clean rust from springs “Standard” Penetrating Oil
□ Check and replenish (if “Standard” Transmission Oil
necessarv) grease in trans- or
mission and rear axle “Standard” Gear Compound
□ Lubricate open universal joints “Standard” Motor Cup Grease
C Clean outside of motor “Standard” Kerosene
□ Wash ami polish bodv “Standard” Liquid Gloss
□ Oil generator and starter “Standard” Household Lubricant
tt hm <in\ protlm t gLLflJKHfillpK '*'* " M,v *** ,wr *
of tx*rol*%»m MkU «*J
uniirr ilui emhUm Xifh <|iirtl»»v
“STAN DARD”
LUBRICANTS
' -
BUYS TWO BANKS.
Savannah Institution Acquires At
lantic Concerns in Charleston.
SAVANNAH. Ga.. March 20 </P).
Purchase of the controlling interest of
Atlantic Savings and Its subsidiary, the
Atlantic National Bank, both of Charles
ton, S. C„ by interests identified with
the Citizens’ & Southern National
Bank of Savannah was announced to
day by Mills B. Lane, president of the
local institution.
In announcing the purchase of the
Charleston bank Mr. Lane said that for
the present the two institutions would
continue to operate as at present., with
the present personnel continuing in
their positions.
A. R Bird, formerly vice president of
the Athens branch of the Citizens’ A
Southern, would become president of
the two Charleston institutions, Mr.
Lane said, but his successor has not yet
■ been selected.
PORTUGAL IS PLANNING
FOR $12,000,000 LOAN
LISBON. Portugal. March 20 (A*). —
The Portuguese government is planning
an external loan of $12,000,000 for the
financial reconstruction of the state and j
also an internal loan which will be used
for improvements in the country and a
reduction in the internal floating debt.
The Bank of Portugal has convoked
a meeting of all bankers who have prom
ised to support the government under
taking.
(Portugal recently applied to the
League of Nations for assistance - in
floating an external loan, but withdrew
the application when the terms out
lined by a special League committee did
not meet with Portuguese approval.)
FLAT STEEL DEMAND HEAVY.
NEW YORK. March 20 fA*).—Hat
steel rollers in the Youngstown district,
including Trumbull Steel. Sharon Steel
Hoop. Newton Steel and Youngstown
Sheet tz Tube, are operating at capaci
ty. with pressure for deliveries coming
from tlie automobile trade. Heavy ton
nages of automobile steels also are be
ing supplied by the McDonald Works
l of Carnegie steel.
MEETING ADJOURNED.
NEW YORK. March 20 OP>.—Ad- i
inurnment of the annual meeting of;
Jordan Motor Cn. until May 21 was to j
give directors more time to formulate j
certain plans for prsntation to stock
holders, says Edward S. Jordan.
PRICES ON PARIS BOURSE.
PARIS. March 20 Prices moved
irregularly on the Bourse today. Three
per cent, rentes. 67 francs 45 centimes:
five per cent loan. RR francs 20 cen
times; exchange on London, 124 franca
[ 2 centimes. The dollar was quoted at
■ 25 francs 40% centimes.
Our constant endeavor
A LITTLE BETTER FOOD
A little nicer crowd
A little more comfort
The "little mores” that
make the big difference
LIBERTY LIMITED
Lmi than 19 hours to Chicago—Wo extra fare
Leave* Washington • • • 3:10 P. M.
Arrive* Chicago . . . . . 9:00 A. M.
PENNSYLVANIA RAILROAD
B MATURE, the great chem*n >
Hr * XI let, mixed sunshine, sail TJ
Mri and shower as prescribed by
/▼dir, . the Creator, and gave man h\
whale wheat ta help keep A
him well. Beeauet the
wheat's worth le beet tar
you when eaten 100% whale,
we make eereal and flour of
whale wheat only, at anr
century old water-power
mill In the sweet scented
New Jersey countryside*
From It we also make
Wbcatswerth Crackers, the
like at which are un
equalled. Tan would he wel
come ta see our mill at
Hamburg, Sussex Co*,
New Jersey.
WhfiMworth Distributor*
THE CARPEL CO- 1361 H STREET N. E.
Obt.in.bl. «n T). G. S. Stwrn*
11