The Washington herald., 1919-04-24
Financial Notes.

convention Oh COTTON men Will booh W
called by Gov. Pleasant Of Louisiana,
1t was learned here today.
The object of this convention Will be
to continue the work of organizing the
cotton export corporation wnicn was
started at a meeting at Memphis re-
Gently. and 10 further the cotton
acreage reduction campaign.
Tho State OF Virginia yesterday
asked the Supreme Court 10 appoint
receivers for the money TO be paid
Virginia By West Virginia as the lat
ter's share OF Virginia's war debt.
The court also was asked to make
for disbursement OF the
money and bonds after they had been
paid Virginia. The payment consists
OF 81, 10000 In cash ana sl3. 10000 In 81
per cent bonds. The cash payment al
ready has been made.
Great Britain has lifted import re-
strictons on practically all kinds o.:
farm Implements. apparently with the
intent OF continuing the drive for
greater food production.
, ocSdube Oi bSiiouS oSidy III uls-
charging cotton ships at Liverpool
and London the Shipping Board yes
terday established a surcharge of %
cents per 100 pounds on American cot
ton for those ports.
The Fruit Growers Express of Chi
cago. engaged in leasing TO railroad
refrigerator cars for the
interstate transportation OF fruits and
vegetables. has been cited by the
Federal Trade Commission to appear
for a hearing. June 4, on charges Of
making exclusive contracts with
railroads for the purpose OF creating
a monopoly in this trade.
The railroads involved in the case
are: Atlantic Coast Line. Seaboard
Air Line. Florida East Coast. Char
lotte Harbor and Northern, Aberdeen
and Rockfish. Baltimore. Chesapeake
and Atlantic and the New York,
and Norfolk.
The Federal Trade Commission yes
terday issued formal complaint
against VIM. Wsltke and Co, "a.
Louis. manufacturers of soaps and
toilet articles. and has ordered 1t 10
appear for a hearing June 5.
The company Is charged with at
to force dealers to maintain
standard. fixed resale prices on its
products. and of refusing to sell to
dealers who insist on reselling to the
public at their own prices.
The Federal Trade Commission yes
terday cited the Chase Shoe Company.
shoe distributor. of Mime
apolis and Kansas City. to appear
here for a hearing on June ,. or
charges of making false and mislead-
ing statements in catalougues and
other advertising matter.
The commission declared that Chase
advertises he is a shoe manufacturer.
a shoe manufacturer distributor and
that his shoes are sold direct from
factory to purchaser. Evidence shows.
however. that Chase does not manu-
facture shoes, is not an agent for any
but buys shoes from
in wholesale quantities
and stores them in his own ware
houses, from which mail orders are
filled.
The Nulomoline Company. manu-
facturers of invert sugar. of New
an order OF the Federal Trade
C mmission. IL was announced yes
terday. The order requires the
company TO cease and desist" from
claiming to have exclusive right to
the manufacture of invert sugar:
claiming to have exclusive monop-
oil nf ha 1F
sugar: making threat of patent in
fringement suits in bad faith
against concerns manufacturing or
contemplating the manufacture OF
invert sugar; from advertising or
representing that in the Snanufac-
ture of its nulomoline no acid or
chemicals are used: and that the
sugar contained in nulomoline is
not inverted by any of the usual
processes. OF suggesting or intimat
ing that other invert sugar contain
dangerous acids.
The Treasury Department yesterday
awarded contracts for remodeling the
postoffices at Providence. R. l., and
Albany. n. Y. For the work at
Providence the contract allows
S.. .793. The Hope Building Company
Is the contractor. The McCann Build
ing Company was given the contract
for the repairs and remodeling OF the
Albany postoffice. A price OF $3.50
is specified.
Nashville, Tern. April 2s.-Alarmed
by the prevalence of nlegitimate
stock sales in the State. Secretary
Ike Stevens today disqualified every
foreign and domestic company in
Tennessee which come under the pro-
visions OF the blue sky" law. Fif-
teen arrests have been made within
the past two days as a result of an
investigation started recently.
New York. April 23.-The Fred Fear
Match Company. Bloomsbury. Pa. be-
gan a libel action against Doubleday.
Page and Company in Brooklyn Fed
eral Court today for s25Oooo.
In the March issue OF Worlds Work
an article. entitled "Pirates OF Pro-
motion" was published. exposing al
legged get-rich-quick concerns. The ar
ticle charged many firms with trading
worthless stocks for liberty bonds. A
list of concerns printed with the at
tack includes the match company.