Evening Star Newspaper, August 16, 1933, Page 11

CURB RALLY FAILS 10 OFFSET LOSSES Prices Close Above Lows for Day After Drop of $1 to $4. Epccial Dispatch to The Star. NEW YORK, August 16.—The selling had the best of it in today's Curb Ex- change session, although a slight rally in the last hour closed the list above the d; lows. Volume increased on the decline and | losses in the leaders at the lows ran from 1 to 4 points. The rebound from ! lows m the late trading left Elec- - Bond & Share with a fractional loss on the day Sta d n( Indiana came out m | a decline of a point alf \u\ Gulf Oil of Pen wiped out most of its early s. The liquor ares and the (.,uld Hn('m also braced in the late trading was quiet and fraction- ons of the mar- red following t and lulmxn he Curb Exchange’s | that the short position ! s of July 31 was 37.828 | 69 on June August market to an increase hort interest. d leaders of the Bond & Share and | Indiana were both a point around mid- ne slight rallying ten- appea n Bond & Share and | ¢ a few other leaders. The utilities in general, however, were heavy. Ameri- can Gas & Electric was down a point at 32 in the forenoon and Niagara-Hud- son Power slipped fractionally to 9'i. American Superpower and St. Regis Paper in the lower price brackets were comparatively steady. Cities Service was unchanged most of the time at 3. The oils met some support, but could not hold against the general trend. Gulf Oil of Pennsylvania, which was ong spot in the group Tuesday. d a couple of points in the first hours today. Standard Oil of Ohio was weak. Humble Oil was heavy. Some the liquor stocks showed wce for a time. Schenley Dis- was again the leader on the up- early trading. but was down a point when the selling i Hiram Walker was sure and showed a loss n 3 peints at one time . was steadier than up. Krueger Brewing ing both eased. and other metals | though not e ans he course of the has not b in the s Am'm;: |)n~ sta Electric Oil of down more tha day. dencis two gold e down stoc] 1 with the rest emphatically in _most instances. ght-Hargreaves Mining, Pioneer hes and Hudson Bay nal losses, while the hore Mines clipped | le of points. Aluminum Co. anceled more than its. 3- of Tuesday's session. The + the Associated Press. ChIC\(:O August 16.— Mob psy- eceived the chief blame from for a new maximum | ogy today ble of grain prices, in- cents a bushel collapse in like a flood of selling | 1 had accumulated during ion of dealings the last three ed into the grain pits at and forced the markets | furthest point that emer- | ions of the Board of Would tolerate for a 24-hour | o recovery ensued re season’s peaks were reached ! a month £go, wheat has dropped | oats 15 cents, | 50 cents. 5 cents down age of yesterday's finish | oats showing 3 cents | is at a setback of stagnat ents and barley from the.av «corn 4 cents off decline and provi Open. Close. 41' | mP&Ltpt | Ind Pipe Line CHICAGO STOCK ¢ MARKET By the Associated Press. CHICAGO, August 16—Following is the complete official list of transaction: in stocks on the Chicago Stock Ex- change to | Merritt Chap & | Lone Star G bédc. . | Long Is L pf B (6) THE EVENING STAR, WASHINSTON, D. C. N. Y. CURB MARKET Received by Private Wire Stock and Sale— Dividend Rate. Add 00. H;eh uv c\;:e Adams Millis 1st 7 1008 Alabam Pw pf (6). 108 Allied Inter Invest. 1 Allfed Mills. .... <. 15 Alum Co America. 600s Alum Co Am pf 1% 508 Aluminum Ltd. . 2 Am Book Co (4)... 108 Am Comwlth Pw A Am Comwlth Pw B Am Corp. : Am Cynam Am Dept Stores. Am D Tel NJcpf 7 508 Am Founders. Am Gas& El (1), Am Invest Inc war Am Lt & Trac (2). Am Maracaibo. Am Superpower. Am Super 1st pf 6. Am Superpower pt Anchor Post Fence Ark P&L pf X Armour Il n war Armour 111 war Armstrong Cork. . Art Metal Works Atlas Plvwood. . Atlas Utilities. Atlas Utllities war 10 1sh (A)3.20 1008 Blue Ridze pt (23). Brazil Trac & Lt. 1Corp A rill Corp B. Brillo Mfg (60c).. Brit Celanese rets. Bunker HIll & S Burma Ltd (3 Cab & Wire B rets. Can Indus Alco A.. 31 CanadianInd Alc B 1 Canadlan Marconi. 37 Carib Syndicate... 39 Carrier Corp. Celanese 1st pf. Cent & Swn pr 1. Cities Service pf.. Claude Neon In Clev El Illum 1.60.. Cleve Tractor Colon Oil. Col G & E cv pf (5) 7008 Commonw’ith Ed 4 Comwlth & Sou wr. Consol Aircraft CAMCoctfs.. Consol Copper. s Balt 3.60 Cord Corp Cosden & Co c.o0.d Courtanlds rps' c) Crane Co Creole Petroleum Crocker Wheeler. . Crown Cent Pete.. Crown Cork Int A.. Distillers Cp Seagr Doehler Die Dow Chemic Duval Tex Sulphur 2 Fastern G&F pf(6) 508 (60c) 1 Bd & Sh pf (6).. 1 Pow Asso (40¢) . 1 Pow Asso A 40¢ 1 P & Ltop war. ¥ vans W <nLem Fairchild Aviation Falcon Lead. . Ferro Enamel Fidelio Brew. In Film Inspect Mach Fisk Rubber pf. Flintkoe (A). Ford Motor Can A. Ford Motor Ltd. .. General Aviation.. Gen Electric Ltd p26i2c).... Gen Tire & Rubber Glen Alden Coal. . Gorham vte (pl).. Grand Rap Var 20c Greyhound Corp. .. Gulf Ofl of Penna. Hartman Tob. Hecla Mining. Holling Gold 17 | Horn & Hard (2).. | Hudson Bay Min.., Humble Oil (2). Hygrade Food 4 9 PF A UA—G R e ot S Imp Oil Ltd Ins Co Nor Am (2) Int Uy EI S ¢ pf 34100 Intl Mining war. .. Int Petrol (1.12). Int Safety Raz B.. Int Utilities (B)... Interstate Fquities Italian Superpw A. Jones & Laughlin. Kreuger (G) Bre-. Lake Shore M 3 Lak & Leh) Leonard Oil. . 60 Long Island Light. @ E 0 01O S B i 1 e Mavis Bottling A. Mead Johnson (3). Marian Stm Shovel Memphis Nat Gas. Michigan Sugar Co Mid Sta Pet vic A. Middle West Util. . Midland Steel Prod Molybdenum Corp. Montzom Ward A. Mountain Prod 80e Nat Aviation. Nat Bellas H at Investors g - & Pw pf (6) wmont Minmzg. . hipbldg (40¢) ). fagara Hud Pow. Hud (A) war. h (Md) B 20¢ iles-Bement-Pon¢ Novadel Agne (5) | onto Copper. Oil Stocks Ltd 10c. Okla Nat Pacif | Fan-Am Airway: Pantepec Oil. Paramount Motors Parke Davis (1)... Parker Rust P (3).37 Penroad Corp . Penn Wat & 1 Pepperell Mfxz 6.08 108 Phillip Morris Inc. 1 Phoenix Securities 20 Pioneer Gold (60¢c) 40 Pitney BowesP... 1 Pitts Plate G (60¢) 1508 Pratt&Lambrt 50c. 1 Premier Gold (12¢) Producers Royalty 23 Prudential Invest. 8 Pug Sd P&L $6 pf. 10s R R Shares Corp. . Raymd Con pt ( Reiter Fostel Richfield Ol Cal f 160 46,000 shares. oS Stock sales tod: Richmond Bros (.«)1-’5. St Anthony Gold.. 5 St Regis Paper. 34 St Recis Paper pf. Salt Creek P (30c). 2 Schenley Distillers 210 \ Direct to The Star Office. Stock and Sale— Dividend Rate. Add 00. High. Low. Close. Seaboard Utilitles, 1 # # # Secur Corp Gen.... I 6 Seeman Bros (2%) 1 3415 Segal Lock & Hrd.. 3 1 Selected Industries 1 Shattuck Den Min. 6 herwin-Will (1)..4508 Singer Mtz Co (6). 208 So Am Gold & Plat. 29 South Penn Ol 80c 3 SouCal EAptC1% 4 Stand Oil Ind (1).. 42 Stand Oil of Ky (1) 4 Stand Oil of Ohio. .350s Standard Silver & 1 Starrett Corp...... Starrett Corp pf.., Sterling Products. Stutz Motor Car... Sunray Oil. . Swift & Co. Swift Internat (2). Tastyeast Inc (A). Technicolor Tech Hughes (60c) Trans Air Transp., Tri-Cont Corp wr.. Tubize Chat Corp., Union Tobacco. United Corp w United Drug. United Dry Doc! United Founders United Gas. . United Gas war. ... United Lt & P (A). Utd Lt & Pow B. .. United Lt & Pow pt Utd Mol Utd Profit ¢ 6% 34 1 ' e e AR A U S Foil LB) (206). US&IntIstpf.. Unit Verde kxt 40c Utah Apex...... Vick Chemical Waitt & Bond (A). Waitt & Bond (B). Wenden Copper Wil-LowCafete Woolworth (F W) Ltd (p 46 3-10¢). Wright Hargvs 20¢ Yukon Gold....... Dividend rates i doll quarterly or i-annus dividend. tPartly extra. & Fayrble in cash or stock. stock e Adjustment dnmna in stock. g Plus 6% in in stock. {Plus 2% in stock. m Plus 3% in HECK pPald last e a: 3Plus 4% in stocl Markets at a Glance By the Assoclated Press. NEW YORK. August heavy: late rally pares losses. heavy: secondary rails lead decline. Curb heavy: specialties recede sharply. Foreign exchanges easy; sterling sags. Cotton firm, covering; favorable weekly weather report; general selling. Sugar lower; poor spot demend. Coffee bare- ly steady; commission house selling. CHICAGO.—Wheat weak: _scarcity of buyers. Corn lower; insufficient de- mand. Cattle mostly steady; top steers §T o Hoss mixed; mostly steads, 16. — Stocks {GAIN MAINTAINED Ahead of Year Ago, Only Slightly Less Than in Preceding Week. By the Associated Press. NEW YORK, August 16.—Electric P " | power consumption for the country last week was up 15 per cent as compared with a year ago. The gain was only a shade less than the 15.6 per cent rise peak improvement reported for period ended July 15. The week’s outturn, as reported by the Edison Electric Institute, amounted to 1.627.339.000 kilowatt hours against 1,650,013.000 in the preceding week and 1415,122,000 in_the corresponding period last year. The loss from the | week of August 5 was a seasonal reces- | slon, accentuated by some slowing down in industrial activity. In the major geographical regions, output gains over the previous year were substantially maintained around recent levels. The Central industrial district was up 21 per cent against 22.7 per cent in the previous week; Middle Atlantic up 10.8 against 12.8, and New England up 19.4 against 21.3. Southern States did slightly better with a 174 per cent rise against 17 per cent the week before. The Pacific Coast also showed improvement at a 6.8 per cent gain compared with 5.9 per cent in the previous week. ALLEGHANY CORPORATION the Special Dispatch to The Star. BALTIMORE, August 16.—The Alle- zhany Corporation for the quarter ended June 30 had a net loss of $359,086 after expenses and interest but exclusive of | profit on sales of securities which was credited direct to surplus. This com- pares with a loss of $13,695 for the cor- “sy | Tesponding quarter of last year. For the six months of 1933 net loss was $703,248 after expenses and inter- est, exclusive of profit on sale of securi- ties. which compares with net profit of $250,403 in the 1952 period, when loss of $11,940,5"5 on sale of securities was charged @ rect to surplus. METAL MARKET NEW JORK. August 16 uP.—Copper aquiet: electrolytic. spot and futu Tin steady; spot and nearby. 43.6 5857 Tron quiet: unchariged. Lead d spot. New York, 4.50: East St. Louis, 4 nc quiet: East St. Louis. spot and futs 10, Antimony, spot. 0. *Nominal. “tutares COMMODITY PRICES NEW YORK. August 16 (7.—Index of 15 staple commodity prices (December 31. 1931, equals 100.) Month ago .. Staple. Sik. ‘povind . Cacoa, pound Lead. pound Cotton, pound . Wool. pound goffe=."pound | Sugar. pound *Weekly_price. * " iNominal (Copyright. 1933, by Moody's.) Outlock Improves Rapidly for U. S. Insyrance Firms By the Associated Press. NEW YORK, August 16.—Sta- tistical indications that the down- trend in the volume of life insur- ance sales has been halted were cheering to the financial district. While new life insurance writ- ten in July was down 3.7 per cent from the same month last year, the decline has been dropping sharply each month in 1933. This recession in January was 349 per cent and 10.5 per cent in June, Some insurance offi- cials feel that new business prob- ably will rise above the 1932 level curing the remainder of the yeer. Bonds | top | BY POWER OUTPUT, “Consumptian for Week 15 Per Cent reported in the previous week and the! REVEALS $359,086 LOSS HERCULES POWLR CO. RAISES ALL JALARIES By the Associated Press. WILMINGTON, Del, August 16— The Hercules Powder jo. today an- nounced an increase ofi0 per cent for all salaried employes afhe home office, branch offices and plats. The increase, effectle as of August 1, affects more than @ employes and restores salaries to a Vel effective be- fore two decreases we ordered more than a year ago. The fVejay week for (¥ WEDNESDAY, office workers, instituted more than s year ago, remains in effect. ‘The company last week announced shorter hours and increased wages at its various plants. Air Exports Increase. NEW YORK, August 16.—The Falir- child Aviation Co. reported today that its export business to South America and the Far East has increased sharply during the last three months. Sher- man Fairchild, president, sald foreign sales during the past six months have been greater than for any similar period since 1928. AUGUST 16, 1933. DOLLAR ABOUT STEADY AT CLOSE IN LONDON By the Assoclated Press. LONDON, August 16.—The United States dollar fluctuated narrowly today on foreign exchange, closing at $4.41%, to the pound after touching $4.40. The opening rate was $4.413;. ‘The comparative steadiness was due to a legitimate trade demand in the ab- sence of speculative selling which mar- ket men attributed to a desire to await further developmenu in America's monetary plan. ‘The ovami.ht quotation was 4.397%. ‘The French franc closed at 84.21 francs to the pound. PARIS, August 16 (#).—Three per cent rentes, 67 francs 5 centimes; 4% per cent rentes, 84.05, Exchange on lttml%o;:s 84.26. The dollar was quoted at 19.15, Tractor Sales Climb. SAN FRANCISCO, August 16 (#).— Caterpillar Tractor Co. announced to- day July net sales totaled $1,403,556. This compared with $961,306 in June. Operations for the month resulted in a net profit of $15401, which replaced a loss of $17,176 in June, and a loss of $150,875 in July of last year. Right Reserved to Limit Quantities Phone DlIstrict 5215 Our Most Important Duty Is the Correct Compounding of Prescriptions Poison Ivy For lelief Use Fomula 35 Qui¢ and effective re- lief Hm the distress causedyy poison oak and poisonyy. Keep a bot- tle medicine b . and by all ns carry a bottle with i on your vaca- tion tn to the beach or camp. Don't let ivy or ing #9011 sjoi yroanl 29e Polishin; Outgit 35¢ Value 2 l P for Only .... This outfit consts of a lambs- wool polishing brih and a dauber brush. It's easy tikeep your shoes neat and new lking with this outfit. ‘Quick, Safe Relief from ; Painful Corns —can be obtainedby the modern method of ending gur foot troubles. Dr. Scholl’s Zinods will do the trick because they emave the cause —friction—pressur( They protect while they heal. | Put one on—thépain is gone! Box of 3 sc 12 Pads .... It’s easy to “do your own” with Nail Polsh and Polish Rmover A 60c Value 5oe for Only .... The LASTING quality of the Pacquin Polish an the ease of ap- plication are winnig lots of friends for it. Economica too— 50c for a smart combinationdackage contain- ing a liberal size bottle each of Polish and Removg $1.0 14-Ounce Literine Attiseptic No adicine cabinet s complee without & bottls o Tistane Antiseptic. Reliable! Times Alarm odern! uare locks A smartly designed clock that keeps good Has clear. easy-to-| read numerals. Con| cealed alarm. Handy| stem_shut. I:roof and crack: Fit standard windows— may ly cut down to fit windows. Window| Rollers.,. “ALL OVER. TOWN” ~—the better to ' 85¢ Petrologar Laxative. .. 10¢ Famous Dundee Towels 24x46 Inches 19c Made of medium wotht toweling tha a bso! is soft t Attra olored borders. 3 tively Be sure 1o buy & sup- ply now. (Perfecto Shape) 3for loc $ l 59 A mild. enjovable eigar with long filler. Each cigar individually cellophane wrapped. You will enioy Trolan Cifsri...to the very ast pufl. Box of 50. Stationery box ns envelopes good grade of sta- eneral ou will want tlonery for use several boxes. con= 4 sheets and Ja-pal-mo Cleansing Tissues 25¢ Ja-pal-mo Tissue Roll Holder, 19¢ Ja-Pal-Mo Cleapsing Tissues Bale .....49¢c 10c Rolls of 1,000 Sheets Tinted Toilet Tissue 3 for 250 Each roll con- colors. ~ Btock your linen closet with this tissue now. (% I.lghters and Fountain Pens Thoroughly Cleaned | Nawiimx inacoi ALl It _you have a “sick” our fountain pen hospital p: erate charges ior guarant Maybe Your Fountain Pen Only Needs This fountain pen or pocket lighter, let n perfect condit Mod- rKmanship. * Free est Simple Operation— Pen Point Reset At Our Store No. 6 Only 25¢ sfar only. RESERVE BOARD EN_DS SERIES OF CONFERENCES By the Associated Press. ‘The Federal Reserve Board has just completed a series of conferences with its agencies throughout the United States. No particular significance was pub- licly attached to the meetings by Eu- gene R. Black, governor of the board who said the conference was called for the discussion of routine matters, and for the consideration of matters per- taining to the eligibility of membership in the system. Drip-0- Lators 6-Cup Size 49« Eliminates a1l ork. Easy to and easy tw PEOPLES COFFEE ... 21¢ Munez-Wurth Citrate of Magnesia 19¢ Flush all poison- ous ‘waste matter Magnes Heve .. You Getall 3 Quality SService ana %wPricgs We Repair «—7 Clover Leat Racquets For Only. . Standard quets with strung ith real value, 15th & G Sts. N.W. (» washington Bidg.) Save on Nationally Known Remedies... 30c Emersen’s Bromo Seltzer. 21c 50c Borolestone Antiseptic . . .29c 25¢ Carter’s Liver Pills .... . 65¢ Dryco Baby Milk ..., 30c Edwards Olive Tablets. 25c Feenamint Tablets . . . $1.50 Graham Alterative, pt.. Hexin Tablets, 125 . . . .. $1.00 Ideal Antiseptic, pt 85c Jad Salts ......... 50c Lavoris Mouth Wash .., $1.00 Marmola Tablets . . 75¢ Mellin’s Food. . . . . ..., $1.25 Min-Rol-Agar, pt. 50c Midol Tablets . . . . ... 85c Moones Emerald Oil’ 60c Murine Eye Wash . .. $1.00 Ovaltine . ........ $1.00 Pile-Foe for piles . . . $1.30 Pinkham’s Compound 45¢ Pluto Water ... Save on These Popular .. 15¢ ..49¢c ..25¢ .. 19¢ .98¢ .32¢ .59¢ .49¢ ..31c ..67c . .54c .. 19 -+ .35¢ .. T4c . .39 ..63c ..49¢ ..89¢ ..89c . .32 Toiletries... 60c Pompeian Creams . . Queen Anne Lotion . .. .. 25¢ Squibb’s Tooth Paste $1.10 Tangee Lipstick . . 40c Vaseline Hair Tonic. . RPCTE 7 (- R T Sveal9c ...63¢ A $1.00 Vitalis Hair Tonic .....75¢c 50c Aqua Velva Lotion . ....31c 50c Williams Shaving Cream...31c 15¢ Woodbury Facial Seap. . .10¢ $1.00 Xyris Bath Salts . . . ...45¢c 50c Bost Tooth Paste ........39¢ 75¢ Barnard’s Hair Tonic . , . .59¢ 10c Camay Toilet Soap . ....... 5¢ 50c Dentox Tooth Paste ... ..29c 60c Elcaya Creams ........39¢ 75c¢ Fitch’s Shampoo. . . .. .. .56¢c A Combination that will giveyou Greater Skin Beauty/ vee. Regular 20¢ Cake ueen Anne Complexion Soap Givenwiththe ofa KILBURN' 95%value - Both for freaseless van 75%jar of Skin Crzam 493\—/ ng am that is soothing and the pain end discomfort from SuRburn s feel it heal. 1f applied before exposure wiil prevent sunburn Peoples Floor Wax 75¢ 1b. ‘45¢ This wax will greatly im- prove the appearance of e floors. furniture. etc. will also save wear. Renuzit Dry Cleaner 2-Gallon Container 1ts easy to do your own dry cleaning at i No danrerous or offensive fumes. rench . upholstery. xplosive. _Non-poisonous. Power- ful, yet harmless to the finest fabrics. The Summer Sun and Frequent Swu'm: Are Hard on Your Hair. WILDROOT Hair Tonic To Keep It Healthy! s 37e #0:69e Keep your scalp and halr in s healthy condition by using Wildroot Hair Tonic A rove, denami, ihe printipal cagse of aldness. Use Wildroot instead of water in the' morning for Erooming the hair, Globe Brand Vacuum Bottles Pint Size. 59 Green Finish c Electric Hair Dryers L. 98e Cord. . Gently dries the hair, ieaving it soft and lus: 5. No air blast to blow out wave Tooth Brushes f For Only. .. l9¢ At this low price you hould buy each member the a new {ooth brueh. Your chotce of a wide variety of col- ors. shapes and sizes. Electric Curling Irons49¢ You can use it in hair attractive. Electric Toasters With & 98e Makes two slices at a time. Save neediess steps by making toast at the ble With Cord 98¢ A unique lamp. made of lacauered brass. Your choice of red. ‘green or white glass. Comes complete with full-length cord. Sandwich Toasters Cord Not 9sc Included. ..... Toast two sandwiches at a time. A yery handy article that toasts, ooks ‘and_srills. The cord ficluded at this Tow price. is not