davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-03-26
HIGHER PRICES
IS FEB|.R'.IIART
RECORD
Building Boom Continues, but
Collapse Is Predicted BY
Contractors.
BY TOM EvEERITT,
fsnnnnnr,0Iltnn NorHn Harvice.

i
Although February was three days
shorter than January, the 10000
900 people Of the United States
bought about the same amount Of
merchandise from retail stores IN
February as they did In. January. q
report Of the United States Depart
-ment OF Commerce says.
Al report Of the United States De
partment of Labor shows that gem
eraI wholesale prices increased In
II this increase in wholesale
prices was reflected In the retail
Etrade--and there are no instances
known where retailers in any con-
siderable number are voluntarily
taking shorter profits 1t seems TO
be evident that a range Of still
higher prices may be expected.
The Department OF Commerce re-
ports. that February showed the
first increase in postal savings since
January, 1921. This may be signifi-
can't, owing to the fact that the
Postoffice Department, IN past re-
ports, has shown that the bulk Of
postal savings deposits rs composed
Of savings Of the foreign popular
ton. .sss /. :1..s Il.
The building b0orn continued
throughout February according to
the report Of the Department Of
Commerce, which indicates that
there is not expected to be q slack
ening IN the awarding Of building
contracts.
On the other hand, officials Of
contractors ard labor Organizations
have recently made public state
ments which make it clear that they
expect collapse Of the. present
building boom, unless the building
materials market il stabilized.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-03-26
STATE NIGHT"
FOR G. o. p. VOTERS CLUB

The Republican Voters Club will
give a Buckeye State night" in the
Red Room Of the Willard Hotel.
April s. the second of a series of
estate nights" to be held by the
organization. 1t is proposed to have
a night for each State inthe Union.
"A. e. Chaffee, executive secre-
tary. stated today that President
Harding will be guest Of honor
Ohio, night, provided he has re-
turned at that time from his
southern trip.
. The association has headquarters
IN suite" 1913, Willard Hotel, which
is open, from 8 o'clock in the morn
ing until 10 o'clock at night. Fred
III. Wilson is chairman Of the
membership committee.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-03-26
New York Cotton Market.

NEW YORK, March 26.-The cot.
ton market opened today at a net
decline Of 3 to 81 points. Fluctua.
tions were very irregular. The New
Orleans market WAS very feverish.
On first sales 1t broke 40 points un.
der the previous close and almost
Immediately thereafter jumped &c
points on heavy coverings. Liver,
pool. commission houses and the
trade took the cotton sold here by
the West, wire houses and Wall
Street.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-03-26
Local Stocks.
SALES.

SALES.
Norfolk and Washington Steam
boat Company, 10@214.
AFTER CALL.
American Security and Trust
Company, S@305.
Washington Gas TVS, $500@103.
5000 1O3. $8O0Qr03.
Capital Traction Company, 20
100.
Washington Gas Light. 10Q49h.
Potomac Electric GIN 6's, $1,000
@100.
Capital Traction, 1O@99%, SO
995s.
Washington Gas, 10@49A.
Money-CalI loans, soc per cent.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-03-26
BUSINESS AND FINANCE &zaE%S
Curb Stocks.

Furnished BIZ W. B. Hubs & CO.
Prices at noon: Bid. Ask.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-03-26
Liverpool Cotton.

!. LIVERPOOL, March 26.-Cotton
limited, spot demand: prices easier;
sales 1000 bales. American mid.
dlings, fair, 1913: good mids, 1888:
fully mids, 1913: n1ids, 1888, low
nnids, 1903, good ordinary, 14.7S,
ordinary, 14.2S. Futures opened
easy.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-03-26

Stock sales up to- -
IL a. m. IL noon. Up. m. 3 p. m.
293,7O0 424.2O0 ............ -. !.
Bond Sales up tor - :.
II am. IL noon. 1p.m p. m.
1924, 900 4,468.OOO =. .....-s..
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-03-26
Short Term Securities.
Furnished by w. B. Eihh. &

= Bid. I Old.
Alum. Co. Of Am. rs, '25l10SAal1OSss
Alum. Co. of Am. rs, '3Sl105 u 1861
Am, Cotton Oil 6's, 1924 91hl 92A
American Sugar SIS, 1937l101 "a l102
Am. Tel. & Tel. 6's, 924l100Ia I1O0%
Am. Tel. & Tel. 6's, 1926I116% I116%
Anaconda Cop. 6's, 1929. 102Ml102R
Anaconda Cop. rs. 1929. !103A 10Sh
Anglican Oil TVS. 1925!102A !1O3
Armour & Co. rs, 1880. ! 1O5 1861
Bell Tel of Can. rs, 1925 1902 1913
Bethlehem Steel rs. 192Sl1O0 9 1OOM
Canadian Nor. 51b's, 1924l1O0h l1O0$
Canadian Pac. 6's, 1924. 1OO& l1O1
Cent. Leather SIS. 1928. :. 9SAl SO
c.. C. C. & s.. l.. 6's. 1929l1O0H l100N
Chicago Tel. 6's, 1923. i EEK l10Oh
Dupont TVS, 1891. .... 1903 l1O8ss
Goodyear T. 4 r. SIS, 'S1l1O3% 1923
Great Nor. rs, 1886. .l1O6M 10Y
Hooking Valley 6's, 1924l100h 1909
Humble Oil 5h's, 1882. ! 97% eSN
Kan. City Term. 6's. '2Sl1OOIa 100 n
Kennecott Cop. rs. 80. l1o4k 104M
Libby, Men. & L. rs. 81 9SA l1OOA
M. S.P.&SS.M.6h's,19S1. 1O1 Il! 1O1 "a
Morris & Co. TVS. 1890 1884 !10SA
Penna. r. r. rs. 1880. =! 107 l107A
st. p. U. Pep. 5h's. '23. 10o1A 1909
Sears. Roe. & Co. rs. '23i1OOR 1Ol =
Standard OIL Cal. rs. 81 10b& 1o5Hs
Tidewater Oil 6M's, 1891 102M 1929
Union Tank Car rs, 1930l102& 10Sis
West. Union 6h's. 1895. l1O7A !1O7A
West Elec. & NJ. rs. '31ltO7&l1O7A
Evening star., 1923-04-20
FRENCH REPUBLIC
BONDS HIT PAR
Reach Goal for First Time in
Six M0nthS-Other Is
sues Irregular.
BY GEORGE r. HUGHES.

Special Dispatch to The Star.
NEW YORK, April 20.-For the first
time in six months French republic
IS sold at par today. They have been
steadily approaching this point for
some weeks, but It's actual attain
ment is landmark in the progress
toward a more rational view of Eu-
ropean securities as whole and
of French bonds in particular.
1t was In October last that French
SIS began the long decline which cul-
minated January 20. 1923. when the
low for all time was reached at SSH
and predictions were freely made that
the French advance into the Ruhr
would result In national bankruptcy.
The French cities issues. the Bor-
deaux 6s and the Marseilles 6s, also
both made new highs for the year
today. more than 10 points above
their low in the closing days of jan
uary.
AS far as the general market went
price changes were very irregular.
In some cases and in others declin-
ing. The advances predomnated. ex-
amples being Lehigh Valley Consoli-
dated. 41zs. Union Pacifis first and
Illinois Central As of 1853. Declines
were recorded by Pennsylvania gen.
eral 4L2s and New York Central 31as.
Sugar bonds, especially the convert
ible issues, lost grounds in sympathy
with their respective stocks. Liber-
ties were very dull and practically
unchanged.
Evening star., 1923-04-20
REPORTS INCREASE
IN CROP ACREAGE
The Agriculture Department
Finds Farmers Planning to
Plant More Seed.

A special report on the acreage OF
the principal crops farmers intend TO
plant this year. made today by the
Department of Agriculture. included:
Cotton, lie per cent of the 1922
acreage; spring wheat, 94.5 per cent;
corn. 1926 per cent; oats, 1926 per
cent; barley, 1867 per cent: fax. 1s9
per cent: potatoes. 90.9 per cent;
sweet potatoes. 91.5 per cent; tobac-
co. 110 per cent.
Intended cotton paintings by states
were announced az follows: Virginia,
$50 per cent of 1922: North Carolina.
102 per cent: South Carolina, 103 per
cent: Georgia, 1Ol per cent; Florida.
130 per cent: Alabama, 1l3 per cent;
10 per cent: Tennessee. 1l9 per cent
Texas, ia per cent; Arkansas. Ill
per cent: Missouri. 200 per cent: Okla
homa. l20 per cent. and Arizona, 120
per cent.
The statistics were signed today by
a group Of leading agricultural econ
omists, statisticians and others. to-
ture officials. and an agricultural
forecast bearing on the outlook for
the principal crops for the coming
season will be made tomorrow with
a view to helping farmers to decide
what to produce and to adjust pro-
duction to domestic and foreign de-
mand.
The conferees included George e
Roberts of the National City Bank,
serve Bank. New York: Z. NJ. Went
worth, research department. Armour
& Co., Chicago; II. W. Moorhouse,
farm bureau federation, Chicago.
Evening star., 1923-04-20
ARMOUR COMPANY
NOW SHOWS PROFITS
President Reports Turn for Better
During Past Seven
Months.
BY the Associated Press.

BY the Associated Press.
CHICAGO, April 20.-Armour X
Co. has shown 4 profit for the last
seven months and there is no longer
reason to doubt that the postwar
adjustment is over, f. Edison White.
president of the company, reported
to the stockholders in annual meet
ing today.
The consolidated balance sheet of
Armour & Co. Of Illinois. Armour s.
Co. of Delaware and their subsidi-
aries and for a half interest in the
Sociedad Anonima Lablanca for the
year ending December 81, 1922, placed
surplus at s40,376.402, after deduct
ing loss for fourteen months end
ing December 21, 1922. of s7,62S,s36.
Current assets. including cash of
s33.973,6o5, were placed at $751;
007,931. and current liabilities at ST.
1O6.469.
Mr. White, in his report to the
stockholders, reviewed the recent
financial readjustment Of the Armour
Company, involving organization Of
Armour & Co. Of Delaware, and the
purchase of Morris & Co.'S properties
and business. and submitted to the
approval of the stockholders plan
to add to the board new directors of
prominence in banking and other
fields
Evening star., 1923-04-20
A. b.A. COUNCIL TO
MEET NEXT WEEK
F. Craufur Goodenough O
Barclays Bank Honor
Guest.
BY I. A. FLEMING.

Next week the spring meeting o
the American Bankers Association
executive council will be held at thu
Westchester Biltmore Club. New
York.
council from the District Bankers
Association. will attend the confer
ence. leaving Sunday next.
A great English banker will be TIL,
guest of honor sf the council on thiJ
occasion, in the person OF F. CraufuI
Goodenough, chairman of Barclay,
Bank of London.
Mr.. Goodenough is widely known a
one of the leaders in a financial wal
of the British empire. He has served
IN numerous important capacities 70,
his government and is an active en-,
tity today.
He is president Of the Bankers
Association and chairman of the Lon,
don Clearing House, and chairman oil
bank with branches on the cont.
nent and in Africa. Barclays Banl
the year 1922 with total deposits oi
about 75,500.912: capital, s75,s82,,
71S. and resources Of $1,618.o9S.7ss.
Branch banking, as in the case Of
many banks of like character abroad
is highly favored and 1850 suck
branch banks are operated in Eng
land and Wales
The experience in the British EN-.
| that this kind of branch banking
leads TO the establishment OF
| monopoly.
Special Meeting Called.
A special meeting of the executive
| council of the District Bankers As
socfatfon has been called for thi
afternoon at the rooms of the associa
tion. Just what business will COM
before the council was not made pub
| lie in the call for the meeting, bu.
it is possible that the program TO!
the convention may be submitted foI
consideration.
Local Securities.
Small lots furnished the bulk o,
| the business on the local exchange
this morning.
Prices showed very slight changei
! IL any. the rule being steady markets
| at about yesterdays figures.
Lanston was a little firmer advanc,
| ing to IS, where ii was held flrmer..
Railway common. 68a4 to 687s.. Thu
preferred shares brought 74A.
Unlisted stocks attracted some at
tention, with IL point advance on the
shares of the Banking Trust and
Mortgage Company, while $500 pei
cent bond of the City Club sold at 80
the first transaction in this issue made
on the local exchange.
Consolidated Reserve Statement.
Aggregate increase of $40 100000 in
! discounted bills and of 100000 in
1 acceptances purchased in open mar,
! ket, as against a nominal decline il
| United States security holdings, are
shown in the Federal Reserve Boardf
weekly consolidated bank statement
issued as at close of business on Apri
/ Is. 1928. Increased holdings OF dis.
| counted paper are reported by al
| Federal reserve banks except those d
| New York, Philadelphia and Clevs
1 land.
| Deposit liabilities show an increasi
| for the week of s4S,9t0. 900, while feu.
ieral reserve note circulation decreased
J $10.S00, 900.
/ Cash reserves fell off s5.900.00O ar!
! the reserve ratio declined from 1tt
| to 75.5 per cent.
Evening star., 1923-04-20
CHICAGO LIVE STOCK MARKETS.

CHICAGO, April 90 Omitted States
Department of ).-Hogs-
Receipts, 10000 head; fairly active on
lights to shippers; around 10 higher
than Thursdays close: butchers slow:
steady; big packers bearish; bulk 160
to 210 pound averages. s.25a8.40: top,
S.45; few 240 to 325 pound butchers,
7.s5as.10; packing sows. 6.75a6. 90; pigs.
steady, mostly 6.50a7.75; heavyweight
hogs. 7.75aS.10; medium. S.0OaS4 40:
light, 8.00a8.45; light light, 7.00aS.30;
packing sows, smooth, 6.75a7.15: pack
ing sows. rough. 6.50a6.S5; killing
pigs, 6.50a7.75.
Cattle-Receipts. 1000 head; beef
steers generally steady; top steers.
1000; best yearlings. s.75: mixedsteers
and heifers. 9.65; bulk beef steers,
8.40a9.50; beef cows, heifers and bulls
active, strong: Gamers weak to lower:
other classes generally steady; veal
ers to packers, $50 down; mostly bo-
logna bulls. 6.10a5.25; Gamers, 1925
downward
Sheep-Receipts. $4,000 head: lambs
steady; top. 1850; bulk. 14.00a14.60:
clipped lambs, largely 10.75a11.5o: one
load to city butcher. 11.60; heavy
clipped, sorted out. at 1000; sheep
scarce, around steady: run includes
about $500 direct to packers.
Evening star., 1923-04-20
FARMERS SHORT OF HELP,
10 Per Cent More Men Needed
Around New Orleans.
Special Dispa tch to Tho Star.

NEW ORLEANS. April 2o.-There
is no unemployment of consequence
anywhere in this section. Increase
in the work in the shipyards, rail.
has absorbed all common labor, while
similar enterprises. saw mills and
work on the roads has absorbed all
available men in the country. As 4
result farmers are beginning to feel
a shortage at r. time when labor is
most needed. Ten per cent more men
could be employed on farms In this
section than are now available,
Evening star., 1923-04-20
COTTON PRICES GAIN
SOME OF LOSSES
Market Shows Less Concern Owe
Governments Action on
Sugar Futures.
By the Associated Press.

By the Associated Press.
NEW YORK, April 20.-Cotton u.
lures opened firm; May, $500; July,
27.03; October. 24.35; December, 23S5i
January, 1855. The market recovered
part of yesterdays loss during to-
days early trading. The cables were
relatively firm. with renewal of wet
weather in the west considered dis
tinctly unfavorable, and the nervous
ness caused by the government ac-
ton against the sugar futures mar
ket appeared to have subsided some.
what overnight
NEW ORLEANS, April 20.-Heavy
rains in the western belt and pros
poets that the unfavorable weather
would extend eastward put the cotton
market higher today. In the first
half hour of trading prices were ad-
vanced 40 to SO points, new crop po-
sitions showing more strength than
the old. May rose to 27.70 and Octo.
Der to 24.OS. Cotton futures opened
steady. May 27.38; July. 26.sS; Octo-
ber. $3.50; December, 1887; January,
23.37.
Evening star., 1923-04-20
ToDAY's FINANCIAL NOTES.

NE" YORK. April 2O.-With busf-
ness on it's books aggregating about
S6,000,000, the plants Of the Standard
Tank Car Company are being oper-
ated at capacity. The company re-
Gently received orders for 500 tank
cars.
Net earnings OF the Texas Gulf
Of 1929 totaled $l,l02,066 as compared
with $80s,096 in tho corresponding
period last year. After paying divi-
dends Of $7Ss,75o. the company trans
ferred to surplus @soS.s16 against
$15o,0s6 O. year ago.
1. Bonner StAol Company reported net
income Of 3321. 101 for. the 0set quar-.
Evening star., 1923-04-20
OFFER SIS PER DAY.

ATLANTIC CITY. N. j.. April 20
Especially ).-Building contractors at
Miami, Fla, have rRided the Phiiadel- =
pflia and Atlantic City markets in or
der to provide sufficient brlcklayers
and plasterers to complete contracts
1n the south within the next two
mopthA Offers Of board, free trans-
pottAtlon Tor families and t$16 4 day
lursd plastererB from this section OF
"a oountr1.
Evening star., 1923-04-20
LIVERPOOL COTTON.

LIVERPOOL. April 20-Cotton-
Spot, quiet; prices easier. Good mid :
ding. 1858: fully middlinE. 15.4s;
middling, 1888; low middling, 1913;
good ordinary, 1888; ordinary, 1893.
Sales, 5000 bales, including $500
American. Receipts, 1000 bales. No
American. Futures closed steady.
April, 1882: May. 1880; July, 1852;
October, 13.41; January. 12.99; March,
1875,
Evening star., 1923-04-20
FIXES DISCOUNT RATE,
Federal Reserve Board Takes Ac.
ton at Philadelphia.

PHILADELPHIA, April 20-The
Federal Reserve Bank of Philadelphia
ia ablished a discount rate of S per
cent on agricultural and live stock
paper having maturity of from six
TO nine months. The new rate does
not change the existing rate of Az
per cent on similar paper maturing
within six months.
Evening star., 1923-04-20
OIL CARRIER PURCHASED,

BUENOS AIRES. April 2o.--The
government has issued a decree au-
thorizing the purchase Of the United
States oil carrier Danville, effected
by the Argentine embassy at Washing
ton, for $304,0o0. Tho decree also an
nuls the purchase of q similar vessel
In EnglaHdA which had been agrssd to
firm. i ii Il ssssftsd. 81 TIE iast M inornsnf M
Evening star., 1923-04-20
BAR SILVER QUOTATIONS.

LONDON, April 20.-Bar silver. 32k
pence per ounce. Money, IN per
cent; discount rates, short bills, "a
per cent.
NEW YORK, April 20.-Foreisn
bar silver, 66N; Mexican dollars, SOS.
Evening star., 1923-04-20
BY the Associated Press.

NEW YORK, April 20.-Foreign ex-
United states dollars): Great Britain,
demand, 4.65k; cables. 4.65A; sixty
day bills on banks. 4.639s. France,
demand. .o6S4k; cables, ..o665. Italy.
demand, .0495; cables, .049512. Bel
gium. demand. .0575: cables, .0575ta.
Germany, demand. .00003Sss; cables.
.00OO3S%. Holland. demand. 1917;
cables, 1920. Norway. demand. 1870.
Sweden, demand. .2675. Denmark. de-
mand, 1892. Switzerland. demand,
1875. Spain, demand, 1854. Greece.
demand, OH. Poland. demand, .000021.
Czechoslovakia, demand. .02s7. Argen-
tine, demand, 1862. Brazil, demand,
,OlS7, Montreal, .9S 1-16.
Evening star., 1923-04-20
BREAK IN COTTON
OF SIS PER BALE

By the Associated Press.
NEW YORK, April 20.-Cotton
broke IS a bale on heavy general sell
ing today. May selling below the %.
cent level.
Evening star., 1923-04-20
200 PER CENT DIVIDEND.

BERLIN, April 20.-The Berliner
Handelsgesellschaft has declared a
dividend of 200 per cent. The COM
pany's annual report shows q net
lproflt of 6S0,000.000 marks.
Evening star., 1923-04-20
EXTRA DIVIDEND VOTED.

NEW YORK, April 20.-The Stewart
warner Speedometer Corporation to-
day declared an extra dividend Of so
0onts and increased the regular quar-
terly dividend from s1.50to 50. Three;
months ago an extra dividend Of IT
Evening star., 1923-04-20
PARIS BOURSE SPoTTY.

PARIS. April 20.-Prices moved ir-
regularly on the Bourse today. Three
per cent rentes, 81 francs 95 centimes.
Exchange on London. 70 francs. Five
per cent loan, 20 francs 80 centfmes.
The dollar was quoted at Is francs.
Evening star., 1923-04-20

White Motor.... 81 81 65M 65M
White OIL. 81 81 8h 81
Wickwire. 10h 10M 1O,s 10h
Willys-Overld.. ~ 8 ~ tn
WilPs.Overl pf.. SO 68h SO 63h
216h 216h 216 215
Worthington.. S6h 36h 36h 36h
Wright Aero. 10x 10x 10N 10k
Youngstn Tube. 73h 7Sh 72K TN
sOdd lot.
High. Low. Last.
Call Money. AZ
HOURLY sAEs OF. STOCKS.
al am. -. 8O7 600 II m. ...... All 600
pm. 80. SOS 600 : D.m. go. 7s4 200
Evening star., 1923-04-20
ToDAY,s CHICAGO PRICES.

CHICAGO. April 20.-Rains in Ok
lahoma, Kansas and Missouri led to
general selling to price downturns
in the wheat market today during
the early dealings However. predic-
tions of freezing temperatures for
western Kansas and western Nebras-
ka tended later to bring about ral
lies. Firmness in quotations at Liver
pool counted also as a strengthening
influence. The opening. which varied
from unchanged figures to !
lower, with May 1.25& to 1.26 and
July 1.33h to 1.23A, was followed by
a setback all around and then by
moderate upturns.
Corn and oats were easy with wheat.
After opening unchanged to q lower.
May 1874 to 792. the corn market
recovered somewhat.
Oats started II to q down, May
451t to 45es, anu later showed slight
gains.
Talk of decreased exports had a
hearish effect on provisions
Evening star., 1923-04-20
DAIRY PRODUCTS.

BALTIMORE, Md. April 90 (Spe-
ciaD.-Live poultry-Young chickens.
pound, 35a36; poor and thin, 25; win
tiers, 45a5O; spring. 55a6o; old hens,
27a2S: small and leghorns. 25a26: old
roosters, 15a16; ducks, 27a30; small
and poor. 24a2o; pigeons, pair. 3oa
40; guinea fowl, each, 40a60.
Eggs-Loss off, native and nearby
firsts, dozen, %; southern, 20.
Butter-Creamery. choice to fancy.
46a4S: prints. 4Sa50. nearby cream
cry, 45a48; ladies, 43a45; rolls. 3sa
AZ: .store packed. SO: dairy prints,
40a42; process butter. 46.
Evening star., 1923-04-20
FOREIGN EXCHANGE.

April 20, 1923-1 pm.
(Quota tions furnished by W. d. Hibbs & Co.b
Evening star., 1923-04-20

TOTAL SALES (Par va,u.,.
IL am. 3436 900 IL noon ooc ooo
p.m.. 6443O0O 2p.m 7eeTCS
Perth Amboy evening news., 1923-05-21
BUSES WILL REPLACE THE TROLLEY

1t is quite evident that the line of the Jersey Central Traction
Company is not going to be wished on to the Public Service Cor
poration. That great concern, apparently, has all it wants of cleo
trio street railways. 1t has had its own troubles in recent years,
and although it seems to be making out better now than it has
. been doing for some time, it is not in the market for any defunct
concerns.
AS a matter of fact. the Public Service doubtless realizes that
The days of the trolley car are numbered and that the electric
street railway is soon to follow the old horse car and cable car,
giving way to the vehicle that is propelled by its own gasoline
motor. The auto bus, as it. is being developed, has many adyan-
tages over the trolley car, and with the enormous overhead ex-
pense of the trolley it cannot successfully compete with its new
rival.
But as the buses grow larger and more comfortable for their
patrons to ride in, and as they increase in number on the high
ways, something must be done to help relieve the congestion, espe-
eially as the bus makes frequent stops that, on narrow, crowded
thoroughfares, greatly interfere with traffic.
Frequent bus service between this city and Keyport, if the
buses are of the right sort, would give general satisfaction, it is
believed, but they would only add to the already serious traffic
problem on that heavily travelled highway.
But two things are certain. The trolley cannot be expected
10 continue operating at a loss for any great length of time; and if
the trolley is abandoned there must be adequate means of trans
portation furnished to take its place. This is a matter that vitality
concerns Perth Amboy, especially the merchants. The trolley has
served a wonderful purpose in bringing trade into this city. We
cannot afford to lose the advantage thus gained.
Incidentally, we need look for no further extension of the
trolley in this city. Street transportation problems have got to
be solved by buses. This means that when the right to operate
buses on streets where there are lots of 'fares'' is granted, ar
rangements must be made to care for certain sections that may not
pay so well at the start. The growth of outlying sections of a
municipality depends largely on the kind of transportation they
to meet the needs of the people, and the needed routes that may
not pay at the outset, must be maintained out of the profits of the
paying routes, just as the trolley and railroad companies have
had to do in order to hold their franchises.