Evening Star Newspaper, November 25, 1930, Page 12

MATTRESSES “.?é%.“fx’{:“ $3.50 up i e e COLUMBIA EDDING CO.. Iu. Rc;ular Delwery N . BOSTON $9-.00 'SEE AS YOU RIDE ; | from the fact that automobile A HOME IS A SOUND INVESTMENT Start With Your Christmas Savings That sum will make a splendid deposit, drawing full interest at 5% right from the start, systematic savings soon actumulate into a total suffi- clent for the initial payment on your home, and then we can advise and assist you with the problem of paying with ease and satisfaction. Visit our office—we will gladly ex- plain our Loan Plan to you. Open Daily 9 to 5 Saturday Until Noon NAtiamal 138 - » BUILDING A860CIATION UNDER SUPERVISION OF THE U S TREASURY 920 O Strect. NW. W5°%% WE Py 0/. on savmes Cuticura Soap Anmm-d*vnlc-a- Olmtm 'hen nh-pn with a sue Cutieura Soap and quite warm water. Rinse thoroughly. - Sosp 356, Ointment 25s. and b0e. Talewm Prepriotors Fotes Drog & Chemieal OUTLOOK IN STEEL INDUSTRY IS GOOD _Gams in Sale of Metal As- sured as Auto Plants Resume. 'BY 1. c. ROYLE. ‘The glass is rising in the great ba- rometer of business—the steel industry. Developments to put prices on a stabil- izned basis have brought encouragement to the industry for the immediate fu- ture. The possibilities and certainties for the futire make this industry stand out as having only nicked the edge of cumulative future demand. There are definite signs of lneuulu metal demands, according to Becker, chief of the Iron and suel Dl- vision of the Department of Commerce. He points in confirmation of this state- ment to the fact that several of m sutomoblle manufacturers—among the largest users of certain sorts of lutl products—have called back thousands of workmen to their factories and are npldly mhinl" ‘thfl'l"hmtwi R‘.h“ ed“:l Evperation’ foe he peosnectve’de: nurpld old and new models. Automobile Industry. This trend takes on added cance manu- facturers have sedulously held produc- tion to demand during the last year and have definite assurance of betterment in sales. ';l'u m&r ":ommhl emllr’e following larger panies in the effort to stabilize prlc- md the days of price cutting seem | proaching their end. The unoermmy which has prevailed has held back or- ders, since consumers were continually W e tion that ' they are l1wo‘50?hmotluel!wun with ad- ditional orders for rails, bars, plates This may not hlvv been added. The chief for tubular goods, stim is the demand for Py m cording mny excellent jus a few years nal ‘”sl within' consuming population of the country. Gains Seen Elsewhere. - (Copyright. 1890.) RAIL OFFICIAL RESIGNS. mwemhe? 25 Kidwell’s Markets, Inc. Turkeys Turkeys Turkeys I told you !Iloy would not in quality but one. be cheap, they are cheap, in price. Everybody can afford “Young Hen Turkeys Kc Ib. Young Tom Turkeys 7c Ib. Buy Them With Confidence, Positively Fresh Kllled TCHICKENS DUCKS 25¢ > 25c* 25c e Oranyes (good size l—.lic Grapefruit .....7 fer 25¢ Cranberries ........m 18¢ Sauerkrant ........qe 10c Smoked Hams .....m. 22¢ Smoked Shoulders . . .m. 14¢ Tangerines Celery large bunches 2 tor 15¢ Fancy Sweet Potatoes, 3 e. 10¢ Mince Meat ... ...2 me 25¢ EIGHT MKEB 3272 M Street N.W. 3104 M Street N.W. 2153 Pa. Ave. N.W. 8215 Georgia Ave., 2611 14th Street N.W. 3218 P Street N.W. 7th and C Streets S.E. Silver Spring Norlhoul Public Mnlut. 12th and H Stréets N.E. - OPEN WEDNESDAY Y UNTIL 10 P.M. THE EVENING DECLARATION OF STOCK DIVIDENDS DISAPPROVED has met with approval. R CURB SEATS HIGHER. NEW YORK, November 25 (#).—The STAR. WASHINGTON U. S. OiL PRODUCTION IS SHARPLY REDUCED Decrease of 35,784 Barrels in Daily Average Output Revealed in Week. By the Associated Press. TULSA, Okla., November 25.—Fig- ures gathered by the Oil and Gas Jour- nal show the country’s crude oil pro- duction dropped sharply again last ‘week, the dally average output being ‘The estimated at 2,270,130 barrels, or a de- Oklahoma m the pace in the down- ward movement, wlm a decline of 22,- 000 barrels, its production being 483,- 915 barrels. Declines were general over the mid- continent area, with a total production of naouo barrels, . & drop of 30,955. pflee of Ne:n ‘York Curb Exchange seats ‘The price is an increase of $8,000 | other less than in 1920. advance today, with xas production was placed at announcement that arrangements had | 360610 barrels. & decrense of 7,429, and nngo for the sale of & membership | Kaneas registered a decrease of 2,325 barrels, with an output of 109,185. midcontinent fields showed e nnounced yes- | smaller declines. Which in turm was Heavy oll production in Southwest ‘Texas was down 8,263 barrels at 89,- 581 barrels. Eastern production was estimated at 112,000 barrels, a decrease of 1,000 bar- fimlnmdhthhmh Says ROBERT H. DAVIS (“Bob” Davis) Noted Newspaper Correspondent “Winning the public’s favor is no longer a matter of shouting from the housetops—today you must offer them something concrete. When I visited Reidsville and went through the LUCKY STRIKE plant, I found one explanation for the growth of LUCKY STRIKE. Your use of the Ultra Violet Ray in the ‘Toasting’ of the tobaccos is a splendid example of achievement. It is the new order of the day.” Consistent with its policy of laying the facts before the public, The American Tobacco Company invited Mr. Robert H. Davis to personally witness and to mthvmmofthdhfiuufihdmwhfim witnessed LUCKY STRIKE’S famous Toasting Process and report his findings. The statement of M. Davis appears on this page. TUESDAY, rels, while Rocky Mountain production up 364 barrels at 102,021. mclud!nx both light and heavy oils, California produced 605,500 barrels, an increase of 4,000. Of the total decrease for the coun- try, 26, MG barrels 'l.! in lllht ofl. HIGH YIELDS SHOWN ON RAILROAD STOCKS | Average Return on JInvestments in Carriers Is Now 7.5 Per Cent. | apecial Dispatch to The star. NEW YORK, November 25.—The cur- rent average price of 24 railroad stocks is only about 121 times indicated 1930 earnings, as contrasted with an average price 15 times indicated earnings which Moody’s Investors’ Service. In the 1921 depression the same stocks sold as low as eight times earnings for that year. The analysis points out that the average price for the 24 stocks is now around 95, as compared with 121 at the middle of September, while the re- cent average yield en the group is al- most 7.50 per cent. “Although these stocks sold down to 7.8 times earnings in 1920 and 7.1 times earnings in 1926, various factors indi- cate that the ratio is not likely to fall Your Throat Protection = Nuv i BER 25, prevailed two months ago, according to | Ne | Union Pacific 1930. mmehmumnthlheumb— pression,” Moody's roads are in better physical condition than they were 5 to 10 years ago, and at that time there was considerably greater fear of the effects of the trans- portation act of 1920 than now exists. Furthermore, earnings have been proponlonluly lul .pronounced than in the the year.” Indicated earnings and yields on the | |f 24 railroad stocks are as follows: Indicated Yield 3 Atchison . =2g8uT Tilinois Central Lehigh Valley . Louisville & Na 3HZALRBERS22RELRS Nlrktl pme Hy Northern Pennsylvania Reading . Frisco Southern Southern Pacific | 28823323332332538232223238! '8 ol bmonisasa Average . EAt.lmuwr! say that 2,000,000 autom biles will pass through the new $2 500,000 Mersey tunnel, in Engla: every year. PARIS BOURSE PRICES. PARIS, Novem 25 (A).—Prices were steadler on tod B eennmen the recent declines in |ff francs 62 centime change on London, 123 ernment relief. MEN'S SUITS Dry Cleaned and Pressed . .. . ... $ | 00 HE qul‘.llty of wt;_lkt l%m dry cle not mere —but qualit; can see and feel tn the finished . product. Our pnu for dry cleaning and & man’s sult is the same whether you have om{'mm us call for and deliver it or bring it to one 1s_vouched for of our offices. To appreciate what your ars dry cleaning dollar obtains here in the matter of quality, we invite you to try our service. Phone MEtropolitan 0200 West End Laundry © " AT & O @u»l”pn and Dry Cleaners 1723-25 Pennsylvania Ave-N-W- BRANCH OFFICES: 1201 Conn. Ave. 1006 15th St. N.W. 1122 14th St. N.W. ”When | Visited—I Found” Everyone knows that sunshine mellows = that's why TOASTING includes the use of the Ultra Violet Ray. LUCKY STRIKE=the finest cigarette you ever smoked, made of the finest tobaccos—the Cream of the Crop—THEN="IT'S TOASTED.” Everyone knows that heat purifies and so TOASTING removes harmful irritants that cause throat irritation and coughing. No wonder 20,679 physlclans have stated LUCKIES to be less irritating! “It’s toasted” against irritation= c!cin co i TUNE IN—The Lucky Strike Dance Orchestra, every Tuesday, Thursday and Satusday evening over N.B.C. networks quoted at 25 Inna GW. am Independent small miners in Bolivia - r cent loan, 101 francs |plan an association to appeal for gov-