Evening Star Newspaper, May 29, 1933, Page 12

MONDAY, MAY 29, 1933 lsuvsn MONETARY Dollar Makers bands see the point establish mlreeordlnm-leo(a".lomh- ing machines. (Copyrisht. | 1abor. Would 1t be worth $78.50 to| |you to remove the sentence?” I Do not decide on a Coffee The salesman is making enough hus- 1933.) or Occasional Table before visiting CATLIN’S Inc. 1324 N. Y. Ave. NW. PERPETUAL BUILDING ASSOCIATION PAYS 5% Assets Over $30,000,000 Surplus, $1,250,000 Cor. 11th and E Sts. N.W. JAMES BERRY, President EDWARD C. BALTZ, Secretary Feel Tired, Lack Energy? You need a good tonic to stimulate your ap- Ppetite and increase your vitality. than a quarter of a century Nutraven has helped thousands of rundown people to regain a strong. healthy body. | in | A tonic of recognized value building up the system. Pleasant to take. Contains only purest in- gredients. Don't trifie with your health. Get a generous bottle of Nutraven for $1 today at Peoples | Drug Stores. NUTRAVEN, a Nutritive Tonic KILLS THEM QUICK! ® Don't allow cockroaches to live | and breed in your home. Ki!l the nasty things today by using | STEARNS’ ELECTRIC PASTE @ Results guaranteed or moneyrefunded. Cred sacenssullyfor S5 year. Directons in 15 languages in each . Onl :;se;.:d boxes u‘?fi-—mwkz sk your & fals . | JUST HEARD THAT DODGE HAS REDUCED TRUCK PRICES AMAZINGLY For more | \DRUG TRADE FORMS | divisions of the business will unite un- | der the provisions of the pending na- INDUSTRY CONTROL SCORED BY GROUP National Manufacturers’ Body Says Measure Will Retard Recovery. By the Associated Press. Assalling the administration’s indus- trial recovery bill as it now stands, the National Association of Manufacturers, in a statement issued yesterday, declared the measure would “retard rather than promote business recovery.” James A. Emery, counsel for the as- sociation, listing 56,000 manufacturers, announced initiation of a drive to change the measure when the Senate Finance Committee hearings on the leg- islation are resumed tomorrow. Emery, the announcement said, would suggest amendments to the industry control section of the bill. Predict Bureaucracy. i The association protested that the proposed legislation would replace pri- vate cwaership and operation of bus: ness with a “governmental bureaucracy increase competitive handicaps in home markets by failing to provide import control to correspond to increased price, and mean the “immediate and cum-{ | plete unionization of all labor in all in- | dustry and the closed shop.” | The statement attacked the two-year limitation clause for the Government- | business-industry partnership. If bene- ficial, the plan should be permanent, and if not, it should never be put into | operation, the statement said. Cite State Socialism. ! “If the Congress and the country are | determined upon State socialism,” it was added, “let them enter upon it | with their eyes open and not with any { hasty misapprehension that the whole plan is only a temporary expedient, and hence of little permanent corisequence.” Referring to revenue sections of the bill, the manufacturers said they pre- ferred the general sales tax rather than increased gasoline levies, boosted income tax rates and “the proposed folly and injustice of taxing corporate dividends in the hands of recipients.” The statement made it clear the good intentions of the President were not im- pugned. NEW ASSOCIATION High Standard of Products and Control of Output Are Ob- jects of Movement. Special Dispatch to The Star. NEW YORK, May 20.—The $2.000.- 000,000 drug industry, which relatively has suffered less than other American trades during the depression, announced today the formation of the Drug Insti- tue of America, Inc., through which all tional industrial recovery act. Patterned somewhat along the lines of the American Iron and Steel Insti- tute and the American Petroleum Insti- tute, the new drug organization will seek to maintain a high standard of products, control output, maintain fair prices and wages and eliminate unfair competition. It will likewise undertake a vast research program, both from a p‘roductiun and a distribution point of view. It ‘may undertake co-operative buying of some raw materials in foreign mar- kets, because crude drugs have risen sharply since the United States aban- doned the gold standard on April 20. The failure of the average household to restock its family medicine chest caused the retail, and in some cases even the wholesale, druggist to permit supplies to Sales in thousany 4 Alabama Pow 5s 2 Alabama_Pow 55 14 Amer P & L 14Am Roll ¥ Am Roll Appalach Pow 3 ADEAE T Al 3 Arkans P & L & Asso GaE 4',5 w c i8 As: &E Co19% 13 Gent 1l P8 4125 F 6 Cent 1l P8 5s G s 1 Ciev El Tlu 55 A 6 Com Ed 4'ss E 6 Com Edis 4s F 'S1. 5 Com Edis bias G 'C i Con Gas U Kt 1 Gonti 0" & McCord Rad 08 4 6 Manitoba Pw 5 6 Mass Gas s New Ene GAE 55 4% 5 New Eng G&E 55 nd 5 Sup ot 1l 1 ! 15 Co —New. wi—When issued. ‘| 5. TREASURY CERTIFICATES 'Rewrud‘hy Chas. D. Edlrney & o SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co) Allis-Chalmers Co. Bs 1037 Am, Beet Sugar Co s Amer,_ Tel. Am. at, Belding Hemingway 05 1¢ Bethlehem Steel Co. bs California Packing 5s 1¢ Chicago Rock Ist Golorado & So. Ry Rio Grande 413s 1036 Eifvon. Eiec, Thium: 45 1030 Gen. Public Ses Portland Gen Elec. 5e Republic Iro eel Sinclair Con: Southern Pacific Union Oil Co. c.m Wabash Rwy. Co. bs 1 —_— BALTIMORE STOCKS. Special Dispatch to The Star. BALTIMORE, May 29.— Bal STOCKS. Arvndel Corporation . Atlantic Coast Line Co 3020 Black & Décker com 10 Black & Decker pfd C'& P Tel Balto pfd § Eommercial Grea 'Re: 134 Consolidated Gas com ... 60 Con Gas 57 cum pf A 50 Eastern Roffing Mills com 97 Maryland Casuaity : 35 Mt Ver Woodberry Mglx ptd New Amsterdam Cas Pa_Water & Pow . U's Fidelity & Guarants. .. BONDS, $4.000 Urited Rwy & Elec 1st 4s... RAILWAY EARNINGS. NEW YORK, May 29 (#).—April net operating income of the Pennsylvania Railroad Co. totaled $3,333,259, com- 5 ’pared with $4,581,414 in April, 1932. Great Northern Railway had April net operating income of $178,497 against an operating deficit of $287,046 in the same month last year. Other roads reporting Saturday had 4| net operating for April as follows: 1932, $315,040 287,492 13,541 1933. $26,891 314,340 *9,519 Burlington Virgirian . . | Norfolk Southern .. | *Deficit. feiigs i CHECK TOTAL DECLINES | By the Associated Press. | Checks cashed on individual bank ac- counts in leading cities of the Federal | Reserve System showed a decline of 10 | per cent during the week ended May ’ 24, as compared with the previous week |on the besis of calculations by the Pederal Reserve Board. In the table that follows total debits are given for comparable periods, as reported by the board: Week ended May 24 .$5,702,670,000 Previous week . | RESERVES LISTED Sixteen Central Banks Are Em- powered to Include White Metal in Their Statements. By the Assoclated Press. The Commerce Department reports i that 16 central banks throughout the | world may legally include silver in their | reserves. Among the more important were listed Hungary., Colombla, Japan, Nether- lands, Peru, Poland, Spain and the | | Ca United Kingdom. Certain other coun- tries, such as British India, Siam and the Straits Settlements, although having | no central bank in the accepted sense | of the term, do include silver in their | monetary reserves. Included in this latter list is the United States, where silver occuples a | xpeclll position in lh: currency system. [ Lcnnvm to husbands in the presence BY GEORGE T. EAGER. A washing machine salesman is clos- ing sales by making the following sales of their wives: The first step is to ask the wife how msany hours a week it takes her to do washing by old - fashioned methods. She usu- | ally estimates from | 4 to 5 hours| a week, which to-| tals to around 240/ hours a year. The salesman then asks the husband what he considers to be a normal working | day and is usually ‘ltold 8 hours. He points out that 8 hours a day into| the 240 hours his| wife works at PARIS BOUBSE PRICES. ‘ PARIS, May 29 () —Three per cent rentes, 66 francs 75 centimes; 4% per cent rentes, 81.90. | Exchange on London, 85.18. The | dollar was quoted at 21.44. washing means about 30 days of hard, back-breaking work. The salesman then asks the hus- band this question: “Suppose I were an officer of the law and had just| sentenced your wife to 30 days at hard Olive oil is nature’s age-old beauty secret —and it's olive il that makes Palmolive green OW did Cleopatra wash her face? How did she bathe? In olive and palm oils. 3000 years Ifo these were Nature's gentlest ansers, just as they are today. Hers was a crude combination, but yours is the perfected blend. Palmolive Soap, made from these same fine oils, will keep your complexion clear and fresh, will gnve the skin of your entire the beauty care it deserves. And it now sells, you know, at the very lowest prices in history. All Sanitary and Piggly Wiggly Stores Will Be Closed Memorial Day Open This Evening Until 8 P.M. Be sure you have enough picnic supplies for the holiday. Clicquot Club®ze™ ;" $1.55 2 e 27¢c Canada Dry % i (Contents Only) Rock Creek €“ir Ale (Contents Only) Lith-A-Limes (Contents Only) $iox 9¢ Underw’d’s Deviled Ham, *4° Underw’d’s Dev’d Ham *%42 17/5c Libby’s Veal Loaf........ .an 15¢ Sanico Peanut Butter. . . .8-0z. jar 9c Lang’s Pickles. ... .....15-on sar 10c Del Monte Ripe Olives. .¥o. 1 can 15¢ Re Umberto Olive Oil. . 14-pt. can 29¢ Sanico Jelly. .. 10c Ford’s Preserves....... 15¢ Chum Salmon. . .ean 10c Three-Diamond Crab Meat an 29¢ Ring Cross Mustard . . . 15-or sar 10c Harbauer’s Catsup. . . . .1arge bot. 10c Inga Sardines..............an5¢c Silver Slice Grapefruit. . . 8-oz can 5c White House or Comet Rice 125 Milford Pickles..........a hr IOc 12/5¢ 25¢ 29¢ Ige. bots. 16-0z. bottles 8-0z. tumbler 16-0z. jar ALSO OWNING AND OPERATING These Prices Prevail_in Washington and Suburbs These Prices Prevail in Washington and Suburbs SPECIALLY PRICED UNTIL SATURDAY’S CLOSING Del Monte Peas Usual Del Monte quality at a big saving. No. 2 25¢ Peter-Pan Peas . . . . 2% A delicious blend of tender peas that has pleased Washington for years. White Star Tuna Fish . 2 < 3]c This is the brand you see advertised so extensively in The Stlr Mueller’s {252 25c¢ Here is a low price on a popular product. Ibs. C Never before at such a low price. An unusual value for these dgi'htful 5111.5 Sanico Mayonnaise . . : Crisco . Wi P e 3.1b. can, 50c; 6-1b can, 98¢. ' I 2 19¢ Zion FigBars . . . . . 21c Sanico excellent quality at the lowest price ever—Pint Jar, 19c. Hunt’s Cherries . . R S B U L T No. 2 * cans Regular price, 2 for 34c. pkgs. for 8-0z. jars Full tree-ripened and hand-picked cherries—a big value. K31, o . 6,333,994,000 | | drop to unusually low levels, so that de- S5 aeon | | pleted inventories merelv aggravated the | price rise in crude drugs caused by the | Same week last year . Phillips Diced Carrots. .....an 5¢ D G N e e G T S S AND THEIR NEW TRUCKS ARE THE SWEETEST LOOKING JOBS EVER SEEN ON ANY HIGHWAY IF YOU WANT TO SAVE MONEY, SEE THE SENSATIONAL NEW DODGE BEFORE YOU BUY ANY TRUCK Here’s amazing good news for truck buyers! New Dodge truck models are the handsomest . .. most economical and dependable ever seen on any high- way. Y& these Dodge-quality trucks actually are priced right down with the very lowest. The more you know about trucks the quicker coMMERCIAL you will appreciate CHASSIS 340 F.0.B. Factory, Detroit DODGE. BROTHERS CORPORATION DETROIT, MICHIGAN DODGE TRUCKS Before You Buy Any Truck See Your Nearest Dodge Dealer ki 4 \ their astonishing value. See your Dodge dealer today. Or write to the fac- tory for literature. deprecmtinz dollar. .conymm 1933.) IMPROVED BUSINESS IS NOTED BY BANK | Guaranty Trust Finds Current Re- covery Is Encouraging, and Sees Prospect of Recovery. | By the Associated Press. | NEW YORK, May 29—The fact that | a substantial upturn in business has taken place without “any appreciable monetary manipulation” seems “truly encouraging,” says the current issue of ‘the Guaranty Trust Co.’s Monthly Re- | view of Business. | “President Roosevelt.” it adds, | announced that the extraordinary pow- lers conferred upon him by the ‘infla- | tion’ amendment to the farm bill will be exercised only when, as and if they seem to be required. There is ground, | therefore, for the hope that the current movement may procced with sufficient momentum to forestall the use of these drastic and dangerous experiments in | currency tinkering.” The Review mentions several reasons for believing that “the recent signs of improvement reflect, in part at least, the operation of genuinely constructive factors in the underlying situation.” One is the fact that a depression seldom runs so long without “effecting the necessary readjustments and laying the groundwork for a sound recovery.” “has Washington Produce} WHOLESALE PRICES. | Butter—One-pound prints (93 score), | 25; tub, 24; one-pound prints (92 }score» 24; tub, 23; one-pound prints | (91 score), 23; tub, 22; one-pound prints (90 score), 22; tub, 21. , 12a1212; current re- - ua.e. hens, mixed colored, 12al4; Leghorns, 10a11; capons, 25228; Toosters, 5a7 Poultry, dressed—Turkeys, hens, 16a {18; toms, 11a13: chickens, Plymouth Rocks, 22a23; Leghorns, 17al19; hens, mixed colored. 15a17; Leghorns, 13al4; capons, 28a31; roosters, 8al0. Long Island ducks, 15 Meats—Beef, 11; veal, 10; lamb, 15; pork loins, 1214; fresh hams, 13; smoked hams, 14; strip bacon, 141; compound, 8 Fruits — Watermelons, 40a70; can- taloupes, jumbos, 5.75; ponys, 3.75; standards, 5.50: strawberries, 1.50a2.50: blackberries, 3.50; apples, box stock, 2.00 pears, 3.00a3.50; alligator pears, 2583.00; oranges, 2.50a3.50; lemons, 8.00 lard, 81%; ! o NEW YORK, May 29.—The Standard Statistics Co. in its weekly summary of business says: NEW YORK, May 29 (#).—There was no change in money rates today and | business continued quiet. The official | rate for call funds remained at 1 per cent and in the outside call market | borrowers were accommodated at % of per cent. Time money and prime commercial paper rates likewise held 1 AR | MONEY MARKET, . Dividend Meetings. NEW YORK, May 29 (#)—Dividend meetings are scheduled for the coming week by directors of Auburn Automo- | bile, Pacific Telephone & Telegraph, | Reynolds Tobecco and McKeesport Tin Plate Companies, among others. “The pace of recent business shousi no sign of slackening, because of gov- ernmental efforts or other reasons. Electric power output has recorded a further moderate advance over the cor- responding level of last. year, freight car loadings have continued to expand, and steel mill ectivity, which a week ago showed some signs of a possible let- down, has taken another vigorous spurt. The extent to which heavy lines of in- dustry have participated in the move- ment makes a highly favorable show- ing, although the real test of revival may be deferred until the period of normal Summer duliness or the ensuing | Autumn expansion. The car service division of the Ameri- can Railway Association reports that class 1 railroads of the United States placed in service 893 new freight cars| during the first four months of 1933. This compares with 1,341 new cars for the same period last year. Charles G. Munn, president of Reynolds Spring Co., announces that sales for the first 15 days of April were $116.396, as compared with sales of $195,660 for all of April. Wage Increases Ordered. LINDALE, Ga., May 29 (P).—A wage increase of 12!, per cent, effective to- day has been announced by the Pep- perell Manufacturing Co. here, affect- | ing 3,000 employes. Last week the Shannon Mills in-| creased the pay of 800 operatives 10 | per cent. e Organized 1879 Equitable Co-Operative Bldg. Ass’n JOHN JOY EDSON, President Assets. Subscriptions for the 104th Issue of Stock Being Received JOIN THE EQUITABLE a9.00; limes, flats, 2.50a3.00; grapefruit, 2.50a3.25; pineapples, 2.50a3.00; grapes, 1.50a2.00; rhubarb, dozen bunches, 352 40; honeydews, 3.25; cherries, 12 pounds, 2.25; raspberries, 1.20. Vegetables—Potatoes, 2.75a3.25; old, New York, 100-pound sacks, 1.10; Maine, 1.20; sweets, 50a60; string beans, 1.25a 150; limas, 3.00a3.50; tomatoes, lugs, | 2.75; repacks, 3 pans, 2.25; peas, 1.75a 2.00; squash, 1.50a1.75; cucumbers, 2.00 a3.50; corn, 1.75a2.00; beets, per 100 bunches, 4.00a5.00; carrots, per 100 bunch!s‘ 4.00a5.0 cabbage, 30a50; kale, 40a50; spinach, 1.00a1.25; lettuce, Iccberg 2.7523.00; asparagus, 1.00a2.0 pgopers 1.7582.00; caulifiower, 2.25a 2 Spring onions, 100 bunches, 75a AND SAVE SYSTEMATICALLY Always Remember— it is not what you earn, but what you Save That Counts. ORI | FRANKLIN CANE SUGARS Make good foods better & 53ra YEAR COMPLETED WALTER S. PRATT. Jr., Secretary +..$6,251,006.24 The Equitable’s Plan of systematic saving has taught Thousends how to save and accomplish Zeat Results. Join To- ay. L : : § % 915 F St. N.W. uummumnnuunmuuuummmuummmmmmum —_— Strongheart Dog Food 2 15¢, 12cum85c4.$3.25 Doggie Dinner L 10c, 6 == 55¢.{m $1. 95/ hese prices effective until tonight’s closing. “Sanico”’ Flour 33 % 65¢ bag Gold Medal Flour 12-1b. 45c 24-1b. 87c bag bag 8-o0z. { e Kraft Cheese N and e Krispy Crackers Butter Jumbo Roll Sanitary Creamery Land O’ Lakes.....2"59¢ roma Frankfurters Regular or Skinless 3% -0k cans 16-0z. can ‘12-1b. bag s s Finger Rolls From Sanitary Bakery i 26¢ EGGS Sanico Carton.....2 = 35¢ Fresh Breakfast....2 45¢c IN OUR MEAT MARKETS by | Porterhouse Steak . . Choice Sirloin Steak Steaks Bottom Round Sfeak - Top Round Steak Fresh Ground Veal Beef :” Rib Vea|__Chops ; Shoulder Veal Chops Breast of Veal Ham . Breast of Lamb Shoulder Roast Shoulder Lamb Chops Briggs Pep Luncheon . . . . . . Virginia Baked Lamb Sanico Hams . .= I5¢c Slices of Ham . . Chipped Beefii' “10c Sharp Cheese ™ 38¢ sliced Puritan Cooked Ham, sliced. . 29¢ Swift’s Premium Bacon.........w 28c Puritan Sliced Bacon............» 22c N Brandywine Sliced Bacon. .......w 19% / FRUITS AND VEGETABLES Fresh Green Fresh Corn on the Cob Pineapples 4 Ears 25¢C 2 for 19¢ Bunch Carrots. .. . ...veie. ... .2 ue I5e Cucumbers.. . . .2 tr 19¢ Iceberg Lettuce...............2nas I5¢ Green'Peppers. ....v.oin-vo-se 3 =l Fresh Spinach................3msd7c White or Yellow Squash. ......2 ns Ripe Tomatoes .............2ms Red Sweet Potatoes. ..........4m Nancy Hall Sweets...........4 ns Florida GRAPEFRUIT 2 for 9¢C Florida Bulk ORANGES 5 Lbs. 18¢