184 
A D VERTISEMENTS 
ussnsnsssH 
made IN VJtA. 
First of All— 
they look well 
CREX Rugs look well in 
every room in the house. In¬ 
deed, they increase the charm 
and freshness of every room. 
There are colors both subdued 
and warm. Patterns formal 
and sprightly. Sizes to fit 
everywhere. And these rugs 
keep on looking well for a long, 
long time. The dirt is wiped 
off with a damp cloth, or shak¬ 
en out with a toss. You’ll al¬ 
ways be satisfied if you buy 
rugs with the name C-R-E-X 
woxen in the edge of the side 
binding. They’ll always look 
Wi 
dl— 
And More Than That 
they wear well 
CREX Rugs smile under an 
unbelievable lot of traffic. Two 
things make them wear well. 
The material — strong, new 
wire grass, selected for its 
husky fiber. And the weave 
a special patented process by 
which the strands of grass are 
twisted, like the threads of 
steel in a cable, to give added 
sturdiness. Before you choose 
a rug—for any room in the 
house—look at CREX Rugs, 
and for your own protection be 
sure the name C-R-E-X is 
woven in the edge of the side 
binding. Dealers everywhere 
have them. 
Handsomely illustrated Color 
Catalog mailed on request. 
CREX CARPET CO. 
295 Fifth Ave. New York 
TRADE NOTES 
Norsk Hydro-Elektrisk Annual Report 
While the annual report of the Norsk Hydro- 
Elektrisk Kvaelstofaktieselskap showed a deficit of 
1,308,426 kroner for the past year, the board ol 
directors decided to pay a dividend of 15 per cent 
out of the reserve fund. The annual meeting was 
held at Notodden, Consul-General H. Olsen pre¬ 
siding. Director-General Harald Bjerke, in pre¬ 
senting the report, explained that while the busi¬ 
ness had been comparatively good, and the A. ». 
Riukanfoss had to its credit net profits amounting 
to 20,000,000 kroner, almost the entire sum had 
been paid out in taxes. During the past four 
vears the State and municipality had received 31 
per cent of the income; wages and salaries took 
up another 55 per cent, while stockholders had re¬ 
ceived onlv 14 per cent, an amount, according to 
the Director-General, not in correspondence with 
the large capital invested. 
With regard to the decision of the arbitration 
committee, establishing a dailv waffe scale of be¬ 
tween 12 and 14 kroner, the Director-General de¬ 
clared that no economic improvement could be ex¬ 
pected until this figure was reduced, even before 
a greater decline in the cost of living set in 
The board of directors was re-elected, and there 
were added to the stockholders’ committee Erling 
Onsager, counsellor to the Supreme Court, Chris¬ 
tiania. and Baron de la Longuiniere, of Paris. 
Swedish Travel Bureau in INew York 
Representing the Swedish State Railways, as 
well as private railroads and steamship companies, 
the Swedish Travel Bureau, opened recently at -4 
State Street, New York, is in a position to become 
a leading factor for promoting Sweden s interests 
on the American continent. It is the purpose of 
the bureau to organize special tours through Swe¬ 
den and supply tickets. American college pro¬ 
fessors, teachers, and students are especially in¬ 
vited to take advantage of this valuable service 
the coming season. Increasing the knowledge of 
Sweden in America through such tours as are con¬ 
templated should prove the high value of the 
Swedish Travel Bureau. 
Cheaper Rate for Newspapers to Denmark 
While the Danish Post Office Department re 
centlv doubled the rate for newspapers sent to th< 
United States, this country, beginning with Janu 
arv 1, 1922, reduced the rate on newspapers to 
Denmark to half the cost of what formerly ob¬ 
tained. The rate is now similar to what prevail, 
here, namely, one cent for 4 ounces. There is thi: 
requirement in connection with the reduced rat 
that each newspaper must be sent separately anc 
in its entirety 
Swedish Company to Get Russian Concession 
According to the New York Trust Company 
Present Day Scandinavia, the Swedish Ball Bear 
ing Company is about to obtain a concession u 
Russia whereby the company will agree to under 
take work for the Soviet government and re 
ceive a guarantee of 15 per cent profit. Russia i 
to furnish fuel and material, while the managemer 
and the patents would be Swedish. Swedish eng 
neers and skilled workmen are expected t( b be sei 
to Russia as soon as the agreement is signed. The 
are to be paid in Swedish currency. 
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