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Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1924-02-29

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The Birmingham age-herald., 1924-03-17
CONDITIONS IN STEEL
 GETTING BRIGHTER

production was at rate actually Tn excess of the record years average.
 Theoretical steel producing capacity of the United States is close to >59, ,OOO,- 900 tons, so that February output was slightly over 30 per cent. Theoretical capacity, however. can never be at tained, as not only does it include cb- solete and high cost plants, but it is necessary for a certain proportion of furnaces to be closed at all times fOr refining, etc. Practical capacity, ac- cording to competent authorities, is not over 52, 2,O0O, 900 tons and possibly nearer 50,000,O0O. On this basis, February production was between 90 and 9f pe- cent of capacity.
 Figures given out by the department. of commerce covering January exports of steel and iron show that foreign shipments for that month were 2i9, 1oj long tons, the largest since February, 1921, double the exports of January, 1923, and 50 per cent greater than the average exports of last year. These figures show conclusively thar expol business is increasing rather than de creasing, as had been generally believed. The gain in exports was achieved in the face of severe competition from Flu rope, which has an advantage because of its depreciated currency"
The Birmingham age-herald., 1924-03-17
MAGIC CITY DISTRICT
 WANTS TUBE MILLS
Leaders Say This Phase Of
 Manufactury Vacant

Establishment of a tube mill would make the Birmingham district as com pletely equipped industrially as Pitts burg or any other district in the world' industrial leaders declare.
 Announcement last week by I'resi- dent George Gordon Crawford that the Tennessee Coal, Iron and Railroad company was pushing plans to give the district its first sheet miil-for years one of the greatest needs, has caused industrial observers to take stock, and they find that a tube mill is the only thing now lacking to make this district completely independent of the east.
 In the estimation of leaders, it is only a question of time when eastern tube mills will reach their capacity and the Steel corporation will turn to the Bir. mingham district for its additional tub ing.
 The sheet mill was badly needed and it's establishment will have a ar reach ing effect, it is said, but tube mil is needed just as urgently, according to industrial men.
 The outstanding development of the past week industrially was the an- nouncement of the great expansion pro- gram of the T. c. l. works. Observers now expect only short time to ela&se before encouraging reports as to estab- lishment of6 tube mill will be forth coming. 70.
 Meanwhile, conditions throughout the district are excellent and a feeling of greatest optimism prevails generally.
The Birmingham age-herald., 1924-03-17

An interview given The Age-Herald last week Ly I. A. Findley, editor of the Iron Age, New York, discounting differences from some quarters that con- ditions in the steel industry are not good, is substantiated in toto by a summary of the situation appearing in the Wall Street Journal, which bears out Mir. Findley's statement that the industry is running at between S5 and % per cent of capacity.
 The story, which is of keen interest to industrial men in the Birmingham district, follows:
 ''So persistent have been the efforts in some quarters to make it appear that conditions in the steel industry were at best only moderately good that the statistics for February production. given out by the American Iron and Steel Institute, are amazing. These figures show that output last month was at daily rate of 151, ,227 tons, or an annual rate of about 100000 tons, compared with the record production of last April, when daily rate of 157, ,776 tons, or an annual rate of about 49,- COG, ,000 tons was attained, and with ac- tual production last year of 43, 239, ,369 tons. Record full years output was in 1917, 43,619, 200. tons, so that February
The Birmingham age-herald., 1924-03-17
FRENCH COMMISSIONERS DIES

1.NOH HOUVsAUNADOAUNEh DIES
 PARIS, March 16.-General PeIle. French high commissioner at Ccre.., ,.+i nople, dide in a hospital at Toulon Sun. day. As he lay dying ne was ...... ...e Grand Cross of the Legion of Honor.
The Birmingham age-herald., 1924-03-17
- WEEKLY REVIEW OF INDUSTRIAL NEV
HAS e, ,OOo, ,oOo, 900 INVESTED

The south now has an aggregate Of 5000, ,OO0, 900 invested in manufactur- ing plants, according to Robert F. Mad dox, one of the south's leading bankers, who is quoted by the Wall Street Jour nal as follows:
 ''The industrial development of the south reveals brilliant record of prog ress eliminating in an aggregate man. ufacturing plant investment of more than $6,OOO, 100000. These plants put out greatly diversified products that find ready sale-in the worlds best mar kets. These products have an annual value at last reports of nearly $10,OO0,- 100000.
 Agriculture and commerce have made strides no less wonderful, yet could hardly imagine now any devel- opment of such magnitude that it could not be expeditiously financed by the south's own reservoir of capital"
The Birmingham age-herald., 1924-03-17
BESSEMER COMPANY
 BUILDS NEW PLANT
Material And Machinery On
 Hand For Construction

Plans of the Bessemer Galvanizing works for erection of a new and modern galvanizing plant are being pushed rap idly, according to the officers.
 Most of the material and machinery has been purchased, including a crane and hoist from the Shepard Electric Crane and Hoist company, and a pyro- meter from the Brown Instrument company.
 Steel frame work for the new build inging was supplied by the Nashville Bridge company, and a 30-foo! kettle has been constructed.
 Officers of the Bessemer concern are A. J. Dyer, president; H. l.. Badham, vice president, and W. NJ. Clark, man. aser.
The Birmingham age-herald., 1924-03-17
JAPAN COMPLETES
 FIRST BATTLE PLANE
Several More Armed Crafts Are
 Contemplated

TOXIC, Feb. -(Correspondence of Associated Press. )-The first Japan made battleplane was completed recent ly by the Mitsubishi Aviation works at Nagoya and shortly will be put through it's tests.
 British aviators and engineers have assisted in the establishment and opera ton of the plant at Nagoya, which hte Japanese army hopes to make its prin- cipal source of supply for fighting planes in the future. U.
 The new battleplane carries a 45O horsepower Napier-Lion engine, has a wing spread of 40 feet, and is armed with Lewis machine guns. If it's tests are successful the army will order sev- eral more of the same,
The Birmingham age-herald., 1924-03-17
STATISTICS

Y Compiled by the DiAis Msnufsctursr.l Pig Iron auotstions: No. foundry LIS to a.aS silicon, 323.5U to S24.00
 Foundry coke. spot. y5.so to $500. Number Of active tsacks. N tcoks.l
 Active by-product ovens, approximately l.lSs. Active beehive ovens merchant coke. 3Ss. Active beehive ovens for requirements cf producer Barrett company also cokfng pitch with 60 ovens. Coal production for week ending February I.
The Birmingham age-herald., 1924-03-17
DIES AM ALTAR

ALTOONA, Pa, March 9.-As be celebrated mass Sunday at the altar, the Rev. Father James B. Eagan of St. Marks Catholic church dropped dead.
The Birmingham age-herald., 1924-03-17
UNEARTHS FORGOTTEN POET

Bernard de Poey, French Poet of the Sixteenth Century" is the title of an article by Dr. John C. Dawson of Howard college, published in the most recent issue of the Romanic Review of New York.
 Dr. Dawson in this article makes a contribution to literature, readers say, by bringing to the public again the life and poetry of De Poey. In the article are three poems of De Poey that are published for the first time.
 De Poey was a contemporary author with Ronsard, the greatest poet of che sixteenth century. Ronsard introduced the ode into France, and at the same time De Poey began writing odes.
The Birmingham age-herald., 1924-03-17
TURKEY WANTS EXPERTS Foreign Advice Sought In Ministerial
 Department

CONSTANTINOPLE, Feb. 27.- Correspondence of Associated Press.) Messages received here from Angora set forth that the Turkish government has decided to engage a number of foreign specialists to work with the various ministerial departments. A sum of money to met the expense involved ap- pears in the 1924 budget. It is said that more than 30 such posts will be filled by foreigners.
Evening star., 1924-12-21
MANY CURB STOCKS
SOAR DURING WEEK
New High Records Also Made
in Saturday Trading.
Oils More Active.
By the Associated Press.

NEW YORK, December 20.-Public
utility securities assumed prominence
in the continued brisk trading on the
curb exchange today. New high rec
ords were made in numerous issues,
notably Commonwealth Power and
American Gas and Electric, both of
which scored advances of more than
2 points in the opening period. Radio
shares were easier. being influenced
to some extent by the reaction in
Dubilier Condenser, which sustained
further loss Of about a point from
Fridays close. There was a good de-
mand in evidence in the petroleum
group and moderate gains were reg
istered in the more active issues.
There was general broadening OF
trading especially in the higher class
OF securities on the curb market the
past week. Group after group was
made active and strong and a num-
Der of stocks that had been promi-
nent for some time again moved up
to new high records. The coal stocks
were among the most prominent is
sues all through the week. Delaware.
Lackawanna and Western moved up
about 10 points and crossed 132, but
by far the largest trading was in
Lehigh Valley Coal, which continued
in urgent demand until II Joined the
list OF record breakers.
The radio issues also were strong
Many of these stocks moved up
points or more, some making new
high records. The public utility is
sues were quiet at the start OF the
week, but suddenly developed pro-
nounced activity and strength. ad-
vances In many OF these issues ex-
tending from to 10 points.
There was vigorous trading at in
teryals In many of the oil stocks.
Evening star., 1924-12-21
HOOVER WILL HELP
CUT COFFEE COSTS
National Dealers Ask Aid in
Finding Remedy for
High Prices.
Special Dispatch to The Star.


NEW YORK, December, 20.-The
National Coffee Roasters' Association
has asked Secretary of Commerce
Hoover to assist the American coffee
trade in seeking any possible remedy
for present high costs of coffee, says
Felix Coste, secretary OF the associ-
alton. Mr.. Coste has made public
recommendations which the coffee
roasters presented to the Secretary Of
Commerce at Washington.
According to Mr.. Coste, DIR. William
L Schurz, United States commercial
attache to Brazil, who has been in
this country on leave Of absence, has
been ordered Immediately back to
Brazil az a result of the conference.
Or. Schurz, upon his arrival in Rio,
Will leave at once for Sac Paulo to
confer with the state authorities
upon the suggestions made by the
American coffee men.
AT the conclusion of the Washing
ton conference" Mr. Coste said Sec
retary Hoover stated that other or
ganizations Of coffee distributors had
consulted him and that he considered
the matter one of great public In
terest. He expressed himself desirous
of a thorough analysis by the depart
ment of our suggestions"
Evening star., 1924-12-21
PHILIPPINES WOULD JOIN
WORLD LABOR BUREAU
Raises Question of Eligibility OF
U. S. Possession Getting Con-
nection With League.
By the Associated Press.

By the Associated Press.
GENEVA, December 20.-The Philip
pines department of labor and COM
munications has addressed a letter
to the International Labor Bureau
asking what steps the Philippine Is
lands can take with a view to joining
the International Bureau. The letter
also expresses the hope that the
Philippines one day will be permitted
to join the League OF Nations.
Onicials of the Labor Bureau said
last night they would send to the
Philippines department of labor and
communications full information with
regard to joining the International
Bureau, but without comment.
While recognizing that the Philip
pines are not qualified for member
ship In the League of Nations, officials
of the bureau took occasion to point
out that the United States, IL It be-
came a league member. perhaps could
solve the Philippine problem by ap-
plying for a league mandate for the
Philippines, thereby m aking the league
responsible for the future of the
Philippines and saving the islands
from the possibility of domination and
utilization as a war base by another
power and the side tracking of the
Filipinos who are agitating for
independence.
Evening star., 1924-12-21
NEW YORK DAIRY PRICES,

NEW YORK, December 20.-But-
ter-Steady; receipts, 10,477 tubs;
creamery frsts (SS 60 81 score). asa
43.
Eggs - Irregular: receipts, lo,15o
cases; fresh gathered extra frsts, 6Ia
So: do firsts, bSaso; do seconds, 5ia57;
nearby hennery whites. closely
selected extras, 70; nearby and near
by Western hennery whites, firsts to
average extras, 6oa6S; Pacific coast
whites, extras. s3x ass; do hrsts to
extra frsts. 5s%a63; refrigerator
firsts, 4la41n u.
Evening star., 1924-12-21
NEW OWNERS TAKE OVER
DENVER & RIO GRANDE
I. c. c. Approves $4,000, 600 Out.
lay in Improvenents-sa
Personnel.
By the Associated Press.

BY the Associated Press.
DENVER, Colo, December 20.--The
Denver and Rio Grande Western Rail
road at midnight last night formally
passed into the hands Of It's new own
ers, the Missouri Pacific and the West
ern Pacific systems.
J. E. Pyeatt, president of the Texas
New Orleans and Mexico Railway, who
also will be president of the Rio
Grande, announced that no changes In
the operative managership were contem.
plated for the present
The control of the road passed to the
two Western carriers by virtue Of reor-
ganization plans approved by the Inter.
state Commerce Commission and al
auction sale held here October 2s. az
which the road was sold for slightly
less than SIS, 100000 to the two rail.
roads, the only bidders. Changes ap.
proved by the Federal commission in.
clude the expenditure Of s10,000,000 ir
improvements.
Evening star., 1924-12-21
BALTIMORE LIVE STOCK.
Special Dispatch TO The Star.


BALTIMORE. Md, December 90
The general live cattle market rules
quiet and easy on most lines, which
is to be expected at this time Of the
year. Beef cattle, in very light de-
mand, centered on first-quality stock,
with practically no sale for common
to ordinary cattle. Fairly good de-
mand for Spring lambs and old
sheep. Handy weight veal calves IN
more liberal receipt and market Is
easy while heavy. Rough calves are
slow sale at irregular values. Quo
tations today at Light Street Wharf:
Beef cattle, first quality. pound, 70
to 50; medium. pound. to 6. Bulls.
as to quality, pound, 2 to 4. Cows,
choice to fancy, pound. to 4; COM
mon to fair, pound, / to 2. Oxen.
as to quality, pound, to 8. MIX
cows, choice to fancy. head. 5000 to
rs. 90; common to fair, head. 5000 TO
5000 Calves. veal, choice. pound.
II; ordinary to medium. pound. 10
to 1o1s; heavy fat. pound, to 10;
rough and common, pound, to 3.
Sheep, choice, pound, to s; old
bucks, pound, 4 to 8; common, pound,
2 to 8. Lambs, Spring, choice, pound,
II to Is; fair to good, pound, IL 70
13; common, thin, pound, 3 to 10.
Hogs. straight, pound. Sh to D;
sows. pound, 6 to Z; stays and ooars'
pound, 8 to 4; live pigs, pound, to u;
shoats, pound, TO 8.
Evening star., 1924-12-21
DEMAND FOR STEEL
OFF DURING WEEK
Copper and Tin Active-Zinc
Prices Record Sharp Ad-
vances-Lead Firm.
By the Associated Press.


NEW YORK, December 2o.-The
demand for steel has slackened some
what during the week but has not ex-
perienced its usual year end falling
OFF. Producers are well supplied with
orders and in some descriptions are
said to be getting behind In their de-
liveries. Production continues to gain
and Is now reported to be running
close TO 80 per cent of capacity. Prices
are firmly held. Pig iron displayed a
very firm tone and in some cases
prices showed gains of one dollar per
ton. New buying was somewhat re-
stricted, but order books were well
filled.
Copper Demand Active.
The demand for copper was active,
with good demand. Sales were esti-
mated at from As to so million pounds
with a good deal of the buying for
first quarter requirements. Prices
have ruled f1rmer and are now we'll
esta blished on basis of IAN at 14%
| cents for electrolytic and the whole
situation presents a strong appear
ance.
Tin moved up to $3.50 for straits
with a good general demand. Heavy
sales in the Far East and the pros
poets for an increase In the world &
visible failed to check the demand as
the balance of the Far Eastern hold
ings is said TO have been liquidated
while larger tin plate bookings ex-
tending over the first half of 1925
forecast liberal consumption.
Zinc Feature of Week.
Lead was firmer and the movement
into consumption continued heavy
The strength abroad Influenced values
here.
Zinc prices advanced very rapidly
early In the week owing TO urgent
| buying and, while the demand fell of
somewhat at the higher levels, the
undertone was strong.
Anthony was quiet, but very firm
owing to an absence of offers from
| China
Evening star., 1924-12-21
OIL COSTS TOO HIGH;
SHIPS MAY USE COAL
Coastwise Vessels Plan to Change
Fuel in Order to Cut Down
Expenses.
Special Dispatch 20 The Star.

Special Dispatch 20 The star.
BALTIMORE, December 2o.-In
spite OF the fact that a larger crew
will be necessary, many OF the
steamship lines now burning oil will
shift to coal as fuel following the
advance In price OF fuel Oil TO $3.50
a barrel, according TO local shipping
mon. Owners estimated that SIS
daily will be saved by each ship. even
with the four to eight extra men
necessary.
Although there may not be gem
eral shift at this time, Il appears
advisable to change on special routes
II these vessels can easily be con-
verted. With coal selling at Hamp-
ton roads at s4.75 10 So g ton, COM
panies have found that they could
AFFORD oil up TO s1.6o a barrel.
The new price. they say, is pro-
hibitive except for coastwise vessels.
which may still get oil at San Pedro
for s1.4o.
Evening star., 1924-12-21
ROAD TURNS TO BUSES.

BOSTON, December 20 (SpeciaO.-
The new plans of the Boston & Maine
Railroad Co, calling for the aban-
donment of 200 miles of Improbable
rail lines do not necessarily mean
that the road Is to abandon the ter
ritory covered by those lines. Trans
portation men here see in this move
the entry OF the Boston & Maine
into the motor bus field on sn exteh
sive scale.
Evening star., 1924-12-21
FLANNELS SELL WELL
IN DRY GOODS MARKET
By the Associated Press.

NEW YORK, December 20.-Cotton
goods markets were very steady today.
Trading in print cloths was Of moderate
volume at full prices. F1annels sold
we'll. Raw silk was steady here, but
weaker abroad. Burlaps held steady,
with further trading reported for the
first quarter of the year. Hosiery ac-
tivity was general in Eastern. Western
and Southern mills, fancies and novel
ties in color and material making for a
large distribution. Knit goods were
moving moderately.
Wool goods were quiet save in the
blanket and speciality dress goods divi-
sions Linens were firm.
Evening star., 1924-12-21
MACDONALD NOT COMING,

LONDON, December 20. - Former
Premier Ramsay Macdonald plans to
start the sea voyage recommended
for his health next Monday. 1t was
recently stated that he might visit
the United States, but his actual
itinerary comprises only West Indian
ana Central American ports.
leaving Avonmouth aboard the
steamer Camito, he Is due to arrive
- Kingston, Jamica, january 8. After
sitting Costa Rica and Panama he
will return by way of Kingston. ex-
peeting to arrive at Ayonmouth on
February 9.
Evening star., 1924-12-21
COPPER PRODUCTION OFF
5000 TONS IN MONTH
By the Associated Press.

by the Associate ted Press"
NEW YORK, December 20.-World
production of copper in November ag-
gregated .S16 short tons, almost 5000
tons less than the month before. the
American Bureau of Metal Statistics re-
ports. The output for II months this
year OF 1,33l,ss5 tons, or a monthly
average of 121, $50 tons, compares with
1.336,l9s tons in the full year 1923, or
an average Of 1905 n month. II is
estimated that world consumption Of
the metal is exceeding output by 49,
100000 to 20.00G.e coo pounds a month
at the present time.
Evening star., 1924-12-21
FOREIGN EXCHANGE.
By the Associated Press.

BY the Associated Press.
NEW YORK, December 20-Foreign
exchanges steady. Quotations in dol
lars: Great Britain, demand, 4.70S4 !;
cables, Al: s0-day bills on banks,
4.67. France, demand, .063S cables.
053sIa Italy, demand, .0427Ia cables,
.0428. Belgium, demand, .04s7i2 ca
bles, .04sS; Germany, demand, 1881 +;
Holland. demand. .4036; Norway, de-
mand .151s Sweden. demand. 1884 f.;
Denmark, demand. 1851; Switzerland,
demand, 1872; Spain, demand, 1885
Poland. demand. 1914; Czechoslovaiia,
demand. .0305ia Jugoslavia, demand,
.O150 Austria. demand. .0o1411; Rumania
demand, .51&; Argentina, demand, 5000;
Brazil. demand, .l156; Toxic, demand,
3Sh; Montreal, SO 1892.
Evening star., 1924-12-21
EXPERTS SAY ATLANTA
SHOULD HAVE SUBWAY
Special Dispatch to The Star.


ATLANTA, December 2o-Experts
of the John A. Beeer organization, who
have been studying traffic problems here
for the city council and the traction
company, have reported recommended
tions for a subway system for the down
town district, removal of surface cars
from the main arteries of traffic, escala-
tors, more bouleyards and elimination
of jitney routes
Evening star., 1924-12-21
RAILROADS NET GAIN.

NEW YORK, December 20.-Kansas
City Southern Railway reports No
vember balance of s439,247 after
charges, in contrast to s165,5S5 in No
vember last year. For the IL months
this year the total of s4,266,s63 was
about $4,000 less than the corre-
spending period of 1928.
Evening star., 1924-12-21
$40. 600, 900 ISSUE SOLD.

NEW YORK, December 20.-The
Andes Copper Mining Co, controlled
by the Anaconda Copper Mining Co,
has sold q S4000o.0oo issue of
convertible per cent debentures to
New York bankers. Public offering is
expected next week. The Andes Co.,
operates extensive properties in Chile.