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The North Adams Transcript from North Adams, Massachusetts • Page 15

Location:
North Adams, Massachusetts
Issue Date:
Page:
15
Extracted Article Text (OCR)

TUB NORTH ADAMS EVENINOjrRANSCRIPT, FRIDAY, NOVEMBER PAUB rirri BABSON'S REASONS FOR GOTTOM DROP Most Important is Great In- in Production RAYON INDUSTRY Cotton Situation Facing Problem as Copper Did a Years Ago, Expert DecWes. NOT. Tlew of the distinct decline in cat- ton, Roger W. wu today tervlewed on the below is his Mr. Babson's report IB iM yet hopetul He still T.rr bullish on the South.

Iteasona for Break "There are several reasons for tne tremendous break In cotton from a high this year of 21c a found In January to tha present price of around 12V-C. The moat I a reason Is of course the tremendous In production. The crop Is now placed at 17,454.00.0 which with carry-over of around 3 500 000 constitutes a total supply of over 20,000.000 hales, the largest In history. Assuming that Europe takes 8,600,000 and. domestic cons i la 6 6 0 0 0 0 0 this season, i ore a i high figures, the carry-over on'AuKust 1, 1927, would 6,000,000 bales.

"Other reasons that have helped In the drastic drop are, first, the rapid growth In the Rayon Industry and, second, the development of tho now sources of cotton In other parts of world. As the effect of the raj-on Industry on the price of cotton-has BO often been forecast by myoelf and others, no comment need be made upon I this time. The effect was clearly foreseen a students of tho Ituatlon. "The derolopmont of new sources of supply In Russia, Egypt, India and the Balkan states, may become serious matter. This, however, will not come about suddenly.

These new fields) have Been gradually developing, and It Is-only logical i they continue to develop. However, there Is nothing the Experiment With Your Health fat tmntr-tn ta Mndi of lmnd n- iDr.TruefeElixir Made of Imported of pnf- pleaaant to In action and eflectlm. The True Family Loxathflft fl would not be without It," Flora Desaults, Worcester, Maw. At first slgnt of constipation, when head trouble you, tongue is coated stomach is out ot -Traril off serious Illness cauaM Ity constipation by taklnft Dr. Ellilr.

Family steel other slzca 60c and 4tc. Suffered Many Years Witk Pimples Cutkura Healed For many I luffeied with plir.ples and on my bice tnd neck. The pi plea bud tnd zed pnd festered and aukd over. They itched and burned, and Dnoyed me terribly. Many I Kcmlched them until they would bleed.

After wishing my whole face would be cavereJ with red blotches. It disfigured far iome time. tried several remediet but no relief. I read an for sent for free tampta. After utlng it I puicbaeed more and now I eonipleiely healed." (Signed) Mist Hannabarg, Madlaon, April 5, 1926.

'Clear the ef ImparitiM by daily use of CulEcuta with touches of Cuticura as needed to soothe and Cuikura Til cum Is fr a-rant and refreshing an Ideal toilet powder. Ofatawt ud I Am My Own Hair Dresser I Tlmt that fluff, that sliseri In hnir are t6 no export care. I never go to a hairdresser, never tayo a Jfarcct ware. Jiy work oa tha stage allows no llmo for that. simply apply twice wwlcly hair Bress which crcnt oiperts rnlde for rof.

I csll It my Wave and To that wavy, abundant, glossy hair Is out. 'It will be 'a joy to you-- I promise Biiarantfe couw with each laltlc. Unlci's your balr beauty is ioiibled In an hour, I'll return the cost. All toilet connters supply Kdna Wil- Jnoc Hopper's Wave ard Sheen at 75o per boltle. Go try It BOW.

UPON KEMPS BALSAM tbr-rhat COLiuH' Queen Of Beauty Peggy Lamont, who hat been selected the ot the all-Britain beauty contest held in London, She was chosen from over 306 entrants. BOSTON AIR MAIL Beacon Lights and Landing Fields Arranged FOR NEW ROUTE Expect Service Between Hub 9 nd New York Will Be Officially Started Before Snow Files. may follow later. Any city or cltlw can petition for air null to the postmailer-teneral and It the proposition Is deemed worthwhile by post office and commerce department, the sorvlce will allowed. Thus, It Is not Impossible to later branches Bay, FlostOB to Portland or Banger, or 'to Man- situation' and there Is no reason wbr lha South should go panicky over something which they have known about for tomo lime.

Tho South should rcmombor that a tow years ago It was tremendously upset by the boll weevil now a little about it as a price factor. Cotton and Copper "Cotton In a way ia facing tin same i a i Hint the copper Industry has faced In recent yosrs. For a long time the copper Industry knew lhat the Kalango district In South Africa has tremendous deposits ot low grade copper. Gradually these deposits have been developed, but only recently on a large scale. During the war they had not got under way and at lhat time North and Soulh America had about tho only Bourca of copper supply.

Consequently the price of copper dur Ins the war soared to i figures. After war the price dropped and has remained at normal prices ever since. Yet, there has been a good volume of business at this price, and many mines are making money today. High cost mines, how- hiTe gone oat of existence or down. Notwithstanding all the bearish glories about copper, more li being consumed today than bsrfore.

"The general iltnatlon hai existed in connection with cotton Since the end of the war new sources ot supply In the Far East hare in created production and are now rapidly developed. As a the United Slates no longer has monopoly on cotton raising and probably never will have the monopoly a existed some years ago. On the other a cotton has one distinct advantage over copper. Namely, that cotton Is continually being destroyed while copper Is almost In destructible. cotton industry Is a 'repent' business a a prod uct needing replacement while the copper I Is handicapped the fact that the i Is ti over and over again.

Cotton Versus Corn since I havo been In business hns always been some onu commodity that had a severe break in price and almost everyone became bearish on a i Corn for Instance, sold ot a high price of In August, 1917, then In a few years dropped to I I 3-4 cents per bushel. Stories then went out that people had given up eating corn, and everyone became verj benrish on corn. Yet In three years the price had rebounded to $1.32 per bushel. The same thing has been 'repented many times In my Hie In connection with' the price of wool Even loday the wheat i a i 11 lusfrales the s.imo i All com modules the same experl ences. It Is a great mistake to ge panicky in connection i any one of them.

"There will always be a good da mand for cotton. Artificial silk ha Its uses and will become a i In many ways. On the other hand new uses for cotlon are being found, and tho automobile i is only one of many ot such new Tho people who flro bearing the cotton market today i to nr tlnclal silk, which has decreased th demand for cotton, nnd yet say nodi Ine; A a i tires, whlo, have greatly Increased the demanc for cotton. Cotton always will be i staple and a a a goo market. Moreover, remember Ihftt reduction in price usually greatly In creases the a nnd tho uses.

Conclusion "Personally I hollove that th great break In prices been overarlverlised nnd overtlnnp When cotton was selling at hlg prices most economists pointed tho fact a a price rranjitslmen was inevitable, hut those ssm economics mostly i on cot ton. Besides, tho hrer.k In Iho prlc of cotton does not represent any de structjon of physical wealth, bn merely loss to one class of peopl and a saving to all other classes Thus Ihero Is no reason why it shcul be detriment.il to tho general ness i a i and not a to (be colton I i long This Is evidenced Ihe fact a the Bnbson chart to day stands'at 13 per cent alove nor mal, showing a business out tho as a whole Is si! good. Certain sections which can not compete In price or control a necessarily give up raising cotton, but cotton I as whole will continue to bo the grca basic Industry ot the South. The de mand for cotton should a a in crease from year to year, and afle this price a is completed there need be no more drastl change! for some time. "Of course this year many peopl will a lose money I connection with eotton, but th bails' o( the South are la good dltlon, and If tkey carry along people, tie losses) should li a yean be recouped.

President Coo Eugene Meyer and other for efCdals art atleTM earefal attentlom. If plan wiU ot 4 partmoat of agriculture and tho bankers on acreage next season, there should be no further difficulty. Moreover, this i competition should develop a more efficient system of raising, financing and' uiar- eting cotton which In the end i orient all concerned; Therefore, 1 more bullish on tho South today ban ever before. Jolts never nyone if lessons are learned there- rom. I have had i myself, and very one of them has been a kick pstalrs." Copyright, 1H6 Art of Yodling it in Switzerland (Special to the Transcript) Washington, D.

Nov. 6--The Boston-New York air mail route, i beacon ligbls-and Intermediate a i fields, has been teBHiltveljj established and will be in official awli.g, it IB hoped, before Enow men. Next year radio beacona and radio weather helps ore to bo established; at present tho telephone is employed for weather reports. This route Is ono of those bo lighted tills year by tho commerce department imder the Blugham-l'arker civil aviation bill, Introduced in the Son nto by Senator Dinghum of Connecticut. The routo has been In practical operation for several months, he Colonial Air Lines, Nnu- gatuck, having the mall con- The official route, as proposed, will go over Connecticut of Bridgeport mill -New Haven, and south of a to Hartford, touch Rhode I a and i run south of Worcester, Framing to Boston.

Intermediate land fields evory 30 miles and beacoi lights a every 10 miles liavo bcoi proposed ns given beloiv. Weather reports are now gathered at Nev York, Hartford and Boston by mean: of hydrogen i balloons. This Is today tho only air mal in Now England. But others Chester N. or even to Vermont, and Rhode Jsland could be Includes and other points In Connecticut and the Bay State.

The present takes a letter from Boslon late In the afternoon and gets It to the morning and Dallas, In the afternoon. The i has Just been completed by A. Raymond Brooks, extension engineer ot the airways lon the lighthouse service, commerce a and must be officially approved by Chief Engineer Hlngsbur-; of the airways division and Assistant Secretary of Commerce McCracken. Brooks, by the way, Is a Massachusetts man with a flne record. It Is learned, being officially credited i half a doien German planes.

He did most of his Now England surveying by airplane of coarse. The Intermediate fields, which follow, are lighted, wllh de- flnod and are generally hay fields whereon farmers have agreed to grow nothing lhat will hinder emergency airplane landing. They will bo Hasbrouck Heights, N. New a Bethany and Hartford, Dudley, Framingham -and Boston, Mass. Thus the route from end.

to end i be 220 milos long, a llt- tla lonner than straight line between tho throe stopping places ot Now Brunswick, N. i Is the New York terminus. Hartford anil Boston. Air beacons, consisting of 24 inch revolving searchlight beacons point- Ing Into the sky, will be at: Kenll- worth, Belleville, Hasbrouck Heights N. Yonkers and Harrison, N.

Now Caanan, Eastou, Shelton, Bethany, West Cheshire, New Britain, Harlford. Manchester, Tolland and Unlon-Ashford. and Dudley, East Sutlon, Hopklulon, a i a Wollesloy i and Boston, Mass. Soon there will be good pissen- gor-carrylng facilities on this route In iddltloa to mall carrying. Colonial li letting three Tokker planet with all lileat Improvements.

They will a ot tour, a pilot, aiilaUat pilot, radio mab and an attendant. They will have radio phone aeU, It li understood eo that otber planes and tbe can be communicated with by voice. The line Is now operating three planet on the route, Itb trip way except Sun- go' many New Englamd folks will likely be or air toon, pussenger planet have proved a a and popular WMhlngloit and Philadelphia and other polntt this stammer. One real ot tha York route IB good landing field near New York elty. At present time is wasted between New Brunswick and Now York city.

trains must employed. Lncerne, NOT. (AP)--Yodling i a lost art ID Swltccrland. Shep- erds and farm hands look askance American tourlsU who them A party of Tisit- nt Switzerland repeatedly atked na- Ivet for a yodle or two. None re' ipniided; They all looked puulei.

Suddenly, jntt around a bend on marn road, came to tbe thrilling of a perfect and the vision hurried to get a of performer. prtmd to a New Style Rain Coat Washington-- (A.P.) --There's 2sir rslncoii for the in civilian It coots all ot and Energy PANCAKE FLOUR BUCKWHEAT Where Thomas Dreier Lives and Works Is Snug Gablesi at Winchester, where Thomas Dreier lives the philosophy expressed in his writings. The philosophy of beauty, of good-will, of peace, happiness and content. The philosophy of The Golden Rule in business. The philosophy that this is a mighty good world, and that most men are better than they willingly admit From here go out the countless inspirations which are helping to bring business to the basis.

Snug Gables was built for his work-shop as well as his home. Here both Mr. and Mrs. Dreier carry out the principles they preach. One of Mrs.

Dreier's philosophies is genial hospitality. of well-known people come to bask in this atmosphere. The late Lord Leverhume was one of the frequent guests. AH go away with new ideas on well-directed living. Also on scientific housekeeping, where every item has its studied purpose.

One of the factors in this ideal regime the serving of LaTouraine (Extra) Coffee. At every breakfast, every dinner, it is served in the perfect way. And Mrs. Dreier says that nothing people find here receives more commendations. It fits in with all that Snug Gables is designed to typify.

It is as much beyond the ordinary as everything else in this home. Let it add a delight to your home. Interesting facts about La Touraine (Extra) Coffee It it the largtlt-sellmg toffee in New England, the birthplace of fine coffees In America. In thii hortte of encting coffee critics, it ii considered pupreme result of 237 yearj of coffee development. It tbe coffee.

MTPtd in a dining famous for their cofftt.i. In Statler Motels foriniKnce, In the magnificent a of Chicaso. In countless country hornet which itudy fine hospitality. The blend combines four finest coffees lhat grow. Each comes from a different country, etch it the pride of a ntdon.

Each its excellent flavor from one of the rarest (oils of the earth. Three of the coffees combined in this blend cost more than ordinary coffee, and 257. more than Sao Paulo, the. prize coffee of Brazil. One is so rare that only 30,000 bags are grown yearly.

The formula for this blend secret, carefully preserved. Coffee experts spent twenty years in perfecting It. No other blend has been made to resemble it. Thosn who find here their ideal flavor cm find it nowhere else. Mr.

E. J. Butler, the noted coffee expert, personally tcili, tastes and selects all coffees used.in this blend. His duty to maintain, without regard to cost, this premier coffee flavor. He pays anv price necessary to combine in LaTouraine (Extra) the maximum delights.

sold direct to retail grocers. This to save middlemen's profits. It Is sold in double sealed cartons, not in cans. These and other economies--about 11 cents per pound pay for the extra a i Thus i matchless coffee without a fancy price. You might as have the best Accept This Gift toufott win brlnf 700 a quarttr- faatd taitisji of "UTouraisM (Ban) CoilW.

TlMCDfiawUdifaMmdbT aad hotel, -kick' ITen Free; rt, tat. W. S. Qv. r- Atlantic H'H" Ovens! Dry They're wonderful beans--Heinm Oven-Baked-Beans--rich, fragrant, golden-brown, full of flavor and nutriment, tender and mealj.

Why? Because they are baked with dry heat in real That's why. Look for "Oven-baked" on the label. It's the only way to be sure of getting beans that are really baked, because only that arc baked can be labeled baked. Look for--ask for--enjoy more- HEINZ OVEN-BAKED BEANS with tomato sauce HalNZ TOMATO KITCHOT MUrrt COOK1D H1INZ CJtlAM Of TOMATO lOCF HUNS MANDT The taste is the test Wait! For JAY'S Grand Opening A I I FOR THE ENTIRE FAMILY WATCH THIS PAPER FOR OPENING DATE Schedule Effective Nov. 7, 1926 Mohawk Trail Bus Line GREENFIELD, SHELBURNE FALLS, CHARLEMONT Leave Shelburne (BuckUnd Side of Bridge March's Drug Store) A M.

8.00, 10.30 P. M-. I- 3 0 Thursday, Saturday Sunday, 1 r. M. a A.

10.30 1.30, 4.00, 7.00 Leave Greenfield, Olympia Fruit Co. and Common A 7. 0.30, 11,30 3.00, 6.45 Thursday, Saturday and Sunday, 10.30 P. M. Sundays: A.

P. 3.00, 5.45, 10.30 Leave Charlemont for Greenfield Thursday and Saturday Only 12.4B 6.30 P. M. Leave Greenfield for Charlemont Thursday and Saturday 11.30 A. G.45 M.

Saturday 10 30 P. Holidays same as Salurdiy 6.1B and 8.00 A. M. Irlpfl. DUBMS connect iflth Man Express, ffoth cast and west All Busses connect with Sprlnsllcld.

Busses for Hire 3. WILCOX, Owner. Phone S. Falls 1U3 BRIGGS' FARM CREAMERY PASTEURIZED MILK AND CREAM Milk thut safe for baby. Delivered daily to your doer 14c per qt Telephone 224-W.

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About The North Adams Transcript Archive

Pages Available:
449,695
Years Available:
1895-1976