Evening Star Newspaper, January 13, 1933, Page 13

Washington Produce 'WHOLESALE PRICES. ‘Butter—One-pound prints (93 score), 27; tub, 26; one-pound prints (92 score), 26; tub, 25; one-pound prints (90 score), 25; tub, 24. Eggs—Hennery whites, 28a3l; me- | dium whites, 22225; current receipts, 25a28; Government graded, ; mediums, 29'5; standards, 30, Poultry, alive—Turkeys, young hens, 16a18; young toms, 14a15; old toms, 8; old hens, 10a12; chickens, Plymduth Rock broilers, 14a16; Plymouth Rocks, 4 e aani Boed” ootored” chickens. "13a14: Les: xed colored chickens, 12al4; & o LNAR-E, DUARETER: horn, 10; colored hens, 13a15; Leghorn Associated Press Business Writer. hens, 6a7; hens, 4 pounds and over, Gfeat Britain’s payment of her war| 12al4; capons, large, 17a19; small, 15a loan installment of $95550,000 to the | 16; roasting chickens. 15a16; keats, d 2025; young, ¢ United States last montly called atten- | Ol 08%6: Joune, 20837 roosters, 7ad. tion, ta: the tremendous strides that| hens, 19a21; young toms, 17a18; old natién bas made in improying her eco- toms, 10; old hens, 13: chickens, nomic position during the last year. Plymouth Rocks, 4 pounds and over, After. making deductions for this|17a19; under, 14a15; Plymouth Rock ent, gold holdings of the Benk of broilers, 18a20; capons, large, 21a23; glend showed an fncrease over those | smail, 17a19; mixed colored chickens, of a year ago. On December 15, 1931, | 14a15; Leghorns, 14; roosters, 10al2; bullion holdings of ths bank amounted | nens, 4 pounds and over, 15a17; keats. to £121,517,000. and on December 15.|young, 20a30; old, 15a20. 1932, they totaled £140.389,000, valued |~ Meats—Beef, 11; lamb, 15; veal, 11 at_the pound’s par value pork loins, 91;; fresh hams, 91; smoked In Government circles it is felt that hams, 101%; strip baccn, 12; lard, 7'%; England made a very fine gesture in|ccmpound, 7. paying in gold, as it is pointed out| Live Stock—Hogs, heavy, 3.00a3.30; £he could have purchased our Govern- |light, 3.25a3.50; medium, 3.25a3.50; pigs, ment bonds selling below par, thus|300a3.50; roughs, 1.50a2.50; calves, 3.00 effecting a savings of several millions |ag.00. of dollars. | Game—Rabbits, per dozen, 1.50a1.80. Another important stride forward| Fruits—Apples, fancy box stock, 1.40a during the year was the kingdom's con- | 1.75; pears, 2.00a2.50; pineapple, 3.25a version operation by which about £2,- cranberries, 250; grapes, 200a 000,000.000 of government debt was put on a 31, per cent basis, designed to gave in ‘the neighborhood of £5,500,000 yc;:rl. BRITAIN IMPROVES " ECONOMIC STATUS Bank of England Gold Hold- ings Increase After Debt Payment. . 2.5023.00; oranges, 4.00a7.00; grapefruit, 1.2581.50; persim- quarts, 15; straw- ; bananas, 6 5 foreign trace position like- wise.hs shown a decided improvement s the gold standard abandoned. This setved to obstruct thos> countries still on gold in selling to England. while at the same time rendering it easier for the _kiggdom to distribute her low- priced merchandise to markets of the = world. 3.00; eggplant, 2.00a2.25: lettuce, ice- The severe depreciation in exchange | berg, 3.25a3.50: peas, 1.50a2.00; string stimulated particularly exports of coal. |beans, 1.50a250: limas, 3.50a4.00; cottan textiles, chemicals and iron and | mushrooms, 75; beets, crates, 1.50; car- steel, The increased trade was moder- | rots, crates, 1.50; tomatoes, repacks, ate, but. coming at a time when world | 1.25a1.75; parsnips, 1.25a1.50; turnips, trade was at an extremely low level, | 75; broccoli, 2.50a3.00; squash, 2.25a important significance is attached to|2.50; selsify, dozen bunches, 75. the development. nd boxes, Vegetables sacks, 1.00a1.25 1.85; sweets, 60a75; 1.00; old, 65a75: kale, 35250 75a1.00; watercress, 75; pecppers, w, 90a pinach, Canadian Wheat Exports. Rayon Inquiries Increase. FORT WILLIAM, Ontario, January NEW YORK, January 13 (#).—Deal- | 13 (#)—Export clearances of Canadian ers in rayon fabrics report a substantial | wheat in December totaled: 18,711,370 increase in inquiries, indicating early | bushels as compared with 31,636,556 in orders for a large yardage. It is said | November, according to & report issued that some mills are refusing to accept by the statistical branch of the Board business at current price levels. of Grain Commissioners. 78-Piece Dining Room Outfit This @ttractive suite provides beauty and dignity with sturdiness. s Fxienean. Table. China Cabiaet, :B. Server, Buffet, Armchair, 5 Side Chairs, 42-piece Set of dishes and 26-piece Set of Plated Tableware. Large Dresser, Bed, ity, Chest of Drawer Mattress, strong link Blankets, 2 Sheets, and 2 Pillow- cases. Complete . 9‘-Piecc Living Room O Consisting of Sofa, Bunny Chair and Club Chair, covered in jacquard velour, Occasional Table, Smoker Lamp and Shade, Book Trough End Table, Footstool, Table Lamp and Shade and Magazine Rack. Now only . .- 47 extras, | .| Holdings of discounted bills declined 5 | $4,000,000 at the Federal Reserve Bank THE EVENING FEDERAL RESERVE CREDIT ITEM DROPS Decrease of $6,000,000 Is Reported for the Week Ending January 11. By the Associated Press. The daily average volume of Federal Reserve bank credit outstanding during the week ending January 11 was re- ported by the Federal Reserve banks as $2,146,000,000, a decrease of $6,000,000 compared with the preceding week and an increase of $259,000,000 compared with the corresponding week in 1932. On January 11 total Reserve bank credit amounted to $2.106,000,000, a | decline of $58,000,000 for the week. | This decrease corresponds with a drop | of $80,000,000 in money in circulation | |and increases of $25,000,009 in monetary | | gold stock and $12,000,000 in Treasury | currency, adjusted. It was offset in | | part by an increase of $60,000,000 in | member bank reserve balances. | of San Franeisco and $3,000,000 at l:l{ | Federal Reserve banks combined. The system’s holdings of bills bought in open | market and of United States Govern- ment bonds show little change for the week, while holdings of United States Treasury notes increased $5,000,000 and those of Treasury certificates and bills decreased $44,000,000. | e SHORT-TERM SECURITIES. D. Barney & Co) | (Reported by Chas | Anis-crat | On Tr Md (Balt) 2.00a | | Colorado & So. Ry Commercial Credit Delavare & Hudson | Den. & Rio Grande | Gen. Mot. Accep. Co Gen Petroleum Corp, | Gen. Public Service 5! Grand Trunk Canada (s Great Northern Ry. 75 Keystone Telephone bs 19 Laclede Gas Light s Loulsyille & Nash: New York Cent. N. Y. Chi. & St N. W. Telephone Pénna. R. R. Co. 0. 1017% Power . 55 | dd Dressers and Vanities 409 orr Only 13 to Sell! Unfinished Kitchen Tables 33.13 No Phone Orders Coal Range ny | Beld-Co Bway | De Vitiss o coin Do. pf e AX, STAR, WASHINGTON, DIVIDENDS ANNOUNCED NEW YORK, January 13 (#)— D."C. FRID Baltimore Markets Specal Dispatch to The Star. BALTIMORE, Md., January 13— ‘White potatoes, per 100 pounds, 85a 1.20; barrel, 125a1.50; sweet potatoes, bushel, 25a75: barrel, 50a1.00: beans, bushel, 2.00a3.00; beets, per 100, 1.50a 2.00; brussel sprouts, quart, 10a15; cabbage, basket, 25a30; carrots, per 100, 1.50a2.00; caulifiower, crate, 1.75a 1.90; celery, crate, 1.0022.00; cucumbers, hamper, 2.00a3.50; eggplant, crate, 1.50a 275; lettuce, crate, 1.00a2.50; onions, per ‘100 pounds, 75a90; peas, bushel, 1.25a2.75; spinach, bushel, 40al.2: peppers, bushel, 1.00a2.00; cranberries, box. 2002265; tangerines, one-half strap, 1.00al1.75; squash. bushel, 1.00a | 1.50; tomatoes, crate, 1.25a2.75; turnips, | hamper, 20a25: apples, bushel, 25a76; | strawberries, pint, 15a18; grapefruit, box, 1.50a2.50; oranges, box, 2.0083.25. Dairy Markets. Live poultry—Turkeys, hens, pound, 16a17; gobblers, 12a13; old hens, l4a 15; old toms, 11al2; young chickens, 11a15; all kinds, poor and thin, 8a9: old hens, 10a15; Leghorns, 10all: old roosters, 7a9; ducks, 9a12; geese, 9a13; guinea fowls, each, 15a30; pigeons, pair, 10a15. Eggs—Receipts, 450 cases; hennery whites, dozen, 30a32; nearby firsts, 30a32; Western firsts, 30a32; Southern firsts, 28a30; current receipts, 28a30. Butter—Good to fancy, creamery, pound, 20a25; ladles, 16al7; store | packed, 12a13; process butter, 18a19. | Livestock Market. Cattle, receipts, 100; steady; steers— good to choice, 5.0025.25; medium to good, 4.7525.00; fair to medium, 4.25a 475; plain to fair, 3.75a4.25; common to plain, 3.2523.75. Bulls—medium to good, 2.7523.00; fair to medium, 2.50a 2 50; common Cows—madium to 2 ay- Hldrs. of Rate. ble. record. ). 80e 2 208 o ary 00 4 Dot R T'Hom Tr (Prov) 830 Q Peb. 10 Interim. Distil Co Ltd. Amer Fact Ttd com.10c Barnett 'NB_{Jack " s1 celll Lids 7% 1 Dlvil 7% pt %1 DS Cent P&L Dunean Miils’ pfc Exchange Buffct. .. First NB (Minn: Hurlburt Nat (Winsted, Con Lincoln T & T Do. 67 A pf. Macbeth-Evs Gls Magnin (1) 6% 6% D Nov. 5 131 | 20 1 P 18 Bos Lt Prop v Owens T Glasa . 5c Peoria & B Val R. Republic Ser_ pf Rockld Lt & Pw stock Stamford Tr (G St Fire Tns (ND) .37 5 . n, 00 DLOLOLOLWOL WOPHPOOOm OO O DPOLOOOOOO 2 plain to fair, , 200 ) fair to medium, to fair, 7 FOREIGN EXCHANGE. 07 (Quotations furnisked by W. B. Hi s cdium to good, Nominal gold 5 ue. 3.5024.00; ommon to cows 4.0024.50; plain to | plain, 2502 Springers, 20.00a60.00. Sheep and lambs, receipts, 125; steady:; sheep, 50a2.50. Lambs—good to choice, 6.50a7.25; common to me- dium, 3.0085.75. Hogs, receipts, 500; lower; light, 3.80 24.00; medium, 3.8024.00; heavies, 3.40 23.80; roughs, 2.25a3.00; light pigs, 3.45a3.75; pigs, 3.8024.00. Western hogs, 10a20 higher than quotations. London. Paris. fra cholce, 6.0026.50; common to medium, Tennessee Tobacco Sales. 3.50a5.00. GREENVILLE, Tenn, January 13 (#) —Approximately 500,000 pounds of ‘Wheat—No. 2 red Winter, garlicky, burley tobacco Were sold for an estl-| 5a i Jemuncy Seleory o oy mated average of $15 per hundred |5915. pounds here. Corn—No. 2 yellow, spot, domestic, Hay and Grain. Comprises full size Bed-daven- port, Bunny Chair and Club Chair, upholstered in jacquard velour; Smoker Lamp and Shade, Oc- casional Table, Book Trough End Table, Footstool, Table Lamp and Shade and Magazine Rack. 5-Piece New Crosley “Fiver” Baby Grand Radio Outfit Five pieces, as shown, com= s prising Crosley “Fiver” Baby Grand Radio, complete with Pay $1.00 a Week tubes; Occasional Chair, Smoker Lamp, Shade & Radio Table. 126 Complete, as shown, with warming shelf and generous oven. $19.75 3.Piece Metal Bed Outfit 5118 Consists of the three pieces pictured: Smart metal bed, soft mattress and well made spring. All JANUARY and | Calves, receipts, 75; steady; good to |3y 13, 1933. 41a41%; cob corn (new), 1.75a1.85 per barrel. i Oats—No. 2 white, domestic, as weight, 27a201;; No. 3, 26a26%4. Rye—Nearby, bag lots, 40a45. Hay—Receipts, none. General hay market is gx_'let‘ but no surplys of good timothy. ices range from 11al5 per ton, as to grade and kind. The poorer grades of hay are hard to sell at any price. Market irregular on everything below 3 timothy. Straw—No. 1 wheat, per ton, 9.00a 9.50; No. 1 ocat, per ton, 9.00a9.50, i ey, LI Martinsburg Bank Election. MARTINSBURG, W. Va, January 13 (Special) —John T. Nadenbousch, for 42 years associated with Merchants & Farmers' Bank here, practically all of it as cashier, was relieved of those duties at the board’s organization meet- ing yesterday and made second vice president. The board emphasized that he would continue active interest in the work of the benk. | Bernard D. Myers, with the bank for | 34 years, and for some years assistant | cashier, was named cashier. Mr. Naden- bousch has been associated with the | bank since its establishment and was| its second cashier. C. L. Stuckey was re-elected presi- | dent, W. R. Caskey first vice president, and five directors added to the old| board by the stockholders at their an- nual meeting earlier. Philadelphia Company Receivers. PHILADELPHIA, January 13 (#)— Recelvers in equity for the Philadelphia | Company for Guaranteeing Mortgages were appointed in Federal District | | Court in what officials of the concern | |said was & move to permit reorganiza- | | tion. i | 'The business of the company, which in its last report on Jenuary 1 stated | it stood as guarantor for 10,000 mort- gages valued at $121911474, is to be continued by the receivers pending the reorganization. U. S. TREASURY CERTIFICATES (Reported by Chas. D. Barney & Co.) 005 Y % : 5 BRDE~, Dow! et gg,—un can buy pieces are guaranteed. Pay 50c a Week grades ...... NEBRASKA FARMERS | SEEK SCHOOL CUTS A—-13 SCHOOL MOVE STARTED T0 SEEK R. F. C. LOANS |©; ganization Representing Institu- State Oversold on Education, State' Union Plea, Asking 50 Per \ Cent Reduction. | By the Associated Press. OMAHA, January 13.—Demands that Nebraska's cost of education be slashed in half and that the State University and normal schools withdraw from the North Central Association of Colleges and Secondary Schools were made in a resolution approved unanimously yes- terday by the Nebraska State Farmers' Union. | ‘The resolution asserted “the taxpayer 1s oversold on education” and the edu- cational system must be revised dras- tically, from the rural grade schools to the State University. _ Dan Garber; chairman of the Resolu- tions Committee, declared “50 per cent of all taxes in Nebraska are spent for education and no appreciable reduction in taxes can be made without reducing the cost of education.” | Garber attacked the North Central Association as an “egotistical and im- practical association, which is a self- constituted, invisible government.” INTEREST RATES GAIN. By the Associated Press. Average rates for time money scored & nominal increase during the week ended January 7, but call averages re- mained unchanged. In the table that follows the average rate for both classes of funds is given for comparable peri- ods, as calculated by the Commerce Department. Call 1.00 1.00 3.00 Week ended January 7.. Previous week .... Same week last year. Buyers Are Optimistic. CHICAGO, January 13 (#).—Opti- mism was expressed among exhibitors and buyers attending the house furnishing exhibit. Lewis H. Scurlock, an exhibitor, said that “in- stead of boasting of a decreased de- cline in business, as we have done in | 1932, I believe we will soon be boastin of actual improvement over the previ- ous year.” . 3| The Netherlands will place & con-| sumption tax on butter. A Smashing Big Event! Here’s the finest Clothing in America. Not just be- cause we sell it— but the opinion of the trade — gives Fashion Park the credit for not only the highest quality in Men’s Clothing, but the utmost in distinctive style. So we are justified in calling this the BIGGEST CLOTHING EVENT IN A DECADE—when you Fuashion Park Suits, Overcoats, Topcoats —$40 to $75 grades— Q" And at the same time—the choice of all Glenbrook Suits, Overcoats, Topcoats —$25 to $35 grades— The only exception is formal wear—otherwise take your choice of any Suit, Overcoat, Topcoat in the house—but take it quickly. Good chance to “try out” our X Whitehall Shoes—Black and Tan These are the usual $5 to $8 Shoes. Whitehalls are exceptional in wear, in fit, in style. $5 and $5.50 83.95 But it is clearance time. $6 and $6.50 $ 4 85 grades ...... The Mode—F at Eleventh | was in the market nationa! | $8 and $8.50 $ 85 grades ...... tions in Distress Plans Ap- peals for Aid. ‘he Assoc!ated Press. CHICAGO, January 13.—Miss Elisa- bets Shoemaker, executive secretary of ar organization of Chicago teachers, sy night sald a Nation-wide move has ctarted to authorize school systems in ‘inancial distress to borrow from the Reernstruction Pinsnce Corporation. She said the proposition has been sored by boards of education, su- perintendents, or groups of teachers in ‘™icago, New York, Akron, Ohio; Mont. clar, N. J.: Atlanta, Columbla, 8. C.; Deroit and other Michigan cities, Knoxville, Tenn.; Richmond, Va.; New Orleans, Chattanooga, Tenn., and other places. U. 3. PRISON TO MAKE 34,000 PAIRS OF SHOES To supply part of the shoes needed by the War Department, the Bureau of Prisons has agreed to make 34,000 pairs of shoes at the shoe factory in B | Leavenworth penitentiary. While the War Department said it for 104,000 pairs now, Sanford Bates, superintendent of the prison bureau agreed, however, to make only approximately a third of the total required. The remainder will be contracted for to private companies, The prison bureau explained that the Government departments are required under the law to purchase from it if it wishes to fill the orders. Under pres- ent economic conditions, however, it was added, the Leavenworth plant is being operated at only one-third of cepacity in order to provide as little competition as possible with private companies. Missouri Banks Closed. ST. LOUIS, January 13 (#).—Three outlying banks were closed yesterday in rapid succession, following the closf of three others within a period of eight days. The banks were the Uni City Bank & Trust Co., the Park Sa ings & Trust Co. of Richmond Heights and the Savings Trust Co. of St. Louis. The largest was the Savings Trust, with total resources of $3,013,933, according ‘o the last statement.