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St. Croix Avis, 1920-08-06, page 1

Collection
Newspapers
Sub-shelf
St. Croix Avis
Kind
Newspaper
Island
St. Croix
Date
1920-08-06
Pages
1
Text
Native Text

W, R g AN \l f /'." f,"-‘ :\4’ ; h:, o \ r‘ag\ ‘\ ‘\\ ?" ‘v/-.AI\ S \~.(. ? V| XN SN RE Y . & - PV = O i 75TH YEAR. THE ST. CROIX AVIS is printed and published daily (Sundays and Holidays excepted) by G. Johansen at the Avis Office. THRMS---50 cents monthly in advance 2 cents per single copy. Entered as second-class. matter Moa i 26th 1917 at the Post Office~at Christian- sted, St. Crowx, V. L of the ? S Aim der the Act of March 3. 1879. Contribution to this paper will be glad- ly received when the same deals, with mat- ters of general interest, and is accompa- nied with the author’s ndme, as a quar- antee of good faith. The editor cannot be responsible for the views of his correspon- dents nor does he necessarily endorse them. RICE PRICES DOWN NEAR PRE- -WAR BASIS If Consumer Benefits From Slump it Will be First Staple to Reduce Living Cost THREE MoNTHS SuPpPLY HERE Claims Against Rices Recen?y Received Resul: in Heavy Losses to Mills and Brokers. …

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Original source: https://www.loc.gov/resource/sn84037526/1920-08-06/ed-1/?sp=1

SHA-256 ea8bf5a7966fdd17abf8f0859c55f06119682ac739874bb6e3e8eb02c7edc777

Re-using this document

Per title, recorded not guessed. St. Croix Avis: Brian 2026-08-22 fair game (ceased 2024). West End News (sn84037548, 1912-1973), Home Journal (sn84037503, 1951-1973), St. Croix Tribune (sn84037536, 1922-1937): Brian 2026-08-23 take. The Daily News of the V.I. (568 pages, 1955-1978): EXCLUDED - publisher active; the Library's clearance is the Library's. Pre-1930 material PD outright.

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Document text

W, R g AN \l f /'." f,"-‘ :\4’ ; h:, o \ r‘ag\ ‘\ ‘\\ ?" ‘v/-.AI\ S \~.(. ? V| XN SN RE Y . & - PV = O i 75TH YEAR. THE ST. CROIX AVIS is printed and published daily (Sundays and Holidays excepted) by G. Johansen at the Avis Office. THRMS---50 cents monthly in advance 2 cents per single copy. Entered as second-class. matter Moa i 26th 1917 at the Post Office~at Christian- sted, St. Crowx, V. L of the ? S Aim der the Act of March 3. 1879. Contribution to this paper will be glad- ly received when the same deals, with mat- ters of general interest, and is accompa- nied with the author’s ndme, as a quar- antee of good faith. The editor cannot be responsible for the views of his correspon- dents nor does he necessarily endorse them. RICE PRICES DOWN NEAR PRE- -WAR BASIS If Consumer Benefits From Slump it Will be First Staple to Reduce Living Cost THREE MoNTHS SuPpPLY HERE Claims Against Rices Recen?y Received Resul: in Heavy Losses to Mills and Brokers. ® Peopie who eat rice probably wiil be abie to buy a cheaper rice during the next three months than at any time during the past four or five years Riee prices, for medium gquality grain, have dropped as much as five cents per pound, in some instances, during the past few weeks. Itis believed that rice which was retailed to the consumer two moaths ago at from 12 to 15 cents per pound, durivg the next few weeks will he as low as _eight cents per pound retail. : Theregis probably in the island and afloat 356,000 pockets of ric%, a sufficient supply under ‘normal conditions for at least ninety days. If this rice is sold to the consumer at prices based on the current market, a large quantity of rice will be sold at a loss to the importer, but at considerable gain to the consu- mer. * o : The rice market commenced to decline early in June and since that time has been more or less on the toboggan. targe quantities of rice were then on order for shipment to Porto Rice, 2 con- siderable quantity of which was held, up owing to strike conditions here. but which has since been delivered. In the CHRISTIANSTED. V.I. U. S. A.. FRIDAY 6ra AUGUST 1920. meantime the market has gone down and rice which at the time it was pur- chased had a market value of ten to twelve cents is now worth from six to eight cents. ' On a considerable volume of rice that has reached Porto Rico in the last two or three weeks there has been an actu- al decline of $5 per bag, or five cents a pould, since it was purchased. Various explanations are given for the decline in the rice market. One is that the mills in the States and rice brokers have on hand a considerable volume of medium and low grade rices which they have Leen unable to dispose of and the new crop rice will be in harvest in a very short time. Prodably 100,000 bags of rice have been cansigned to Porto Rico since the slump in the market In addition torices which were on order. This has rather glutted the rice market here and it is said that the e has been a great deal of money lost by rice mills and dealers as a result of the silnmp. If the low prices are passed on to the consumer this will be practically the fircst instance in wiich the consumer will be able to buy a staple commodity at anything like a pre-war price. ; Because of the slump in the market a great deal of rice which has arrived here in the last fevws weeks has been rejected and in many instances the mills and brokers have made very large concessions to the purchaser. The market conditions have changed to such an ex- tent, however, that there are many claims unsettied and it is understood that some of the milis will suffer lurge losses when they liquidate the claims now pen- ding. —Porto Rico Progress, Jul, 23rd. 3 P Fr # And Noises In The Head. 1# YOU ARE A SUFFERE-—Go to your Loecal Druggist and order ‘CON- CENTRATED- SOURDAL,” bprice .4/6 per tin. This New remedy gives almost immediate relief, and guickly eJeets a permanent cure. It penetrates to the actual seat of the complaint, and has completely cured many cases which were considered hopeless. If your Chemist does not yet stock ‘SOURDAL’, do not accep: any snbstitute but send money- order fora supply direct to the 'SOUR- DAL’ DISTRIBUTING CO, 38 STA- TOIN RQAD, CROYDON,.SURREY, ENG., and a package will be mailed per return with full directions. ’ 180 ® & Publication. T'is hereby bhrought to public actice .that the trade-mark beiow, which was registered in the United States Pa- tent Office, Washington, D. €., on 27 April. 1920, in the name of the Indian Packing Torporation, a corporation or- ganized and existing under the laws of the State of Delaware and trade-mark certificate No. 130,525 issued therefor, has this date been registered in ‘tho of?_ce of the Government Secretary of the Vir- gin Islands of the United States, at St. Thomas, in accordance with the provi- sions contained in regulations issued by the Governor. Governmenteof the Virgin I[siands of the United States, St. Thothias Juiv.s 14 1920. - ' » C. C. TIMMONS, Government Secretary. i 3 o~ 0 . Tite New St. Groix Savings Bank. ‘““HE Members of the New St Croix i Savings Bank are hereby notified © that tne 39th Annua! General Meetin. will be held at the officc of the Institu- tion on FRIDAY AUGUST 20th AT 4 O’CLOCK P. M. at which a statement ot the transactions for the year ending March 31, last will be laid before the meeting and electionmof lustees take place. eRN Christiansted, f‘; f;,;ust 2. 1920. R By, Ovdges : T. J. STRIDIRON, ; Accountant ’ . - . ‘ '_ For good appetite and . . good digestion use 4 y i - Po Dr. Ross’ Life Pills. Readers. No. 20-17.