Evening Star Newspaper, November 30, 1934, Page 17

CURB LIST TAKES UNEVEN COURSE Prices Unchanged to Three Points Lower and 12 Higher. Ainsworth Mfg... Air Investors Inc. 1 Ala Pwr pf (7). Allied Mills Inc Alum’'n pf (1%).. Alum'n Goods 40¢. Am Capital (A).es 1 Am City P&L Stock and Sales— Dividend Rate. Add 00. High. Low. Closs 2 15% # 90s 46 6 11 508 64% 1 9% 11 T58 26% 2 (A) (3). Am Cities Pw; ‘2 Lt (B) (k10¢).. Am Cynamid BY G. A. PHILLIPS, Associated Press Financial Writer, NEW YORK, November 30.—A mixed trend was shown in toda: New York Curb market dealings, with quotations unchanged to 2 points lower and 1!; higher. Such securities as Cities Service, ‘Wright Hargreaves and Niagara Hud- son Power were unchanged. Distillers Corp. Seagrams was off 1!z at 153, Electric Bond & Share was down 3; at 83, and Pacific Tin (special) was off 3 at 22. On the up side were Gulf Oil, show- ing a half point gain at 55%: Inter- | national Petroleum up !4 at 31'z and New Jersey Zinc up 1'z at 53. ¥ WOOL GOODS BUSINESS By the Associated Press. NEW YORK, November 30.—Wool goods business continued active last week, according to the New York Wool Top Exchange Service. Further price advances on men’s wear woolen and worsted fabrics were recorded, bring- ing values 15 to 17': cents a yard above the lows for the season. These advances, said the service, failed to check the flow of new business “and instead forced laggard buyers to cover requirements.” Ci BONDS ON THE CURB MARKET. DOMESTIC BONDS Alabama Pow 3 Aluminum Co s ' AmH G&E 55 I (.Hd.«h) Pk 5! Ddodrs 104 Clndds | Dallas PL tis A ‘43510 1o ° 108 Denver G&E Elec P&L Emp Dist El Emb O & B ,u\ Fairbuks Mor Florida P & L Gatineau Pw s '3 Gatineau Pw s 41 Gatineau P s B '41 Gen Bronze s P & Glen Alden (‘ 15 Grand Tr W C C G Miss F fs * Mo Pb Sv 5. Mont LH&P : Narragar, 1 3 1 1 1 i 1 b I 1 It I 1 I N & M Stand Invest Stand P & M Y M M Murphy Co (1.60). 1 Yadkin R Pw York Rwy 5 FOREIGN €m & Pv 37 Guestuel Hanov Pro 65 41 Ital Su Pow fs A "3’ . Ni E i 3 ; snnu Fe Arg s '45.. we—With warrants rants. n—New (Stp)—Stamped. $New by maturity, ceivership. ren | i ability” impaired Companies reported in Te- PARIS BANK CHANGES. PARIS. November 30 (# —The weekly siatement of e Bank of Frante ‘siows the following changes in francs. —Gold decreased 95.000,000 sight balauses abroad decreased 1,000,000 bills * ies counted at home increased 534,000.000; bills bought abroad unchanged: advances decru‘;ed 3.4 INI'4‘Y"":‘I4I circulation de- crease 2. current ace Shereased ~ 406.000,000. U . NEW YORK BAR SILVER. NEW YORK, November 30 (#)— Bar silver easier, % lower at 55, P P Py P Am & For Pw war Am Gas & El(11)..( 41 Am Gas&El pf(6). Am Laundry 40c. . Am Lt & Trac 1.20 Am Superpower Atk Nat Gas (A).. Ark Nat Gas cu pf. Armstrong C k25¢ Art Met W (45c). Asso Gas&El (A). Atl Coast Fisher., Babcogk& Wil 40c. Bellanca Aircraft. Blue Ridge pf(a3). Brazil Trae Lt&P., Bridgeport Mach.. ACTIVE DURING WEEK | Binker shile 5’1008 Butler Bro: Crocker Wheeler., Crown Cork Int A, Cusi-Mexicana M.. Distillers Crp- Dohler Die Cast. Dow Chemical (2) Duke Power (3). Duval Tex Sulph.. 1 Eagle PitcherLd. . Elec Bond&Share. | Elec BA&S pf(5).. | Elec Pwr&Lt Mapes Consol (3). | Mavis Bot A (r).. Metro Edis pf (6). 7 Middle States Mid West Ut (r) Nipissing k12%¢.. Novadel Agne(2). (B) (k25¢)... 22 1T% Am Founders 13% 3y 20% 258 843 100s 12 1% 1% 1 3 237 i a 8% 9% 1st pf (D).. 50s 6 'S [ TSSOy 1008 Bliss Co (E W) . Botany Con M (1) Bourjouis(k25c). . 114 21 1 13 S 1= e 287a 8% o5 Cable Radio vte... Canadian Marconi., Carrier Corp. Catlin Corp'n.. Celanese 1st of(1) 5008 elluloid Corp pf. luloid 1st pf. .. : Cent Hudson G&E ctfs(80c), Cent States Elec % pf...e.. 2508 Cent States Elec cv pf(new). 75 Centrifugal P 40c.. C Cittes Service. . Citi Claude Neon Lts. . Clev Elec Illu (2). Colon Ofl..... Columbia Gas & hi R & M k873zc. Service pf.. Elecev pf(5)... 2 Colum O & G vte.. Comwlth&So war. 1 Comwlith Ed (4)... Compo Shoe(50c). Cons Afrcraft Cons Copper...... Cons Gas of Balto (360).. Cooper Bessemer.., 8 69 162 16% 10% domin S & 2 1 C(B).. 1 6 100s 2 8% 9y 36 403 ee BA&S pf (6).. 2 2d pf (A).....100s | Elec Power Asso (A) (40c) Equity Corp'n airchild Aviat'n. 10 Fajardo Sugar....125s Fanny Farmer Candy (new). Ferro Enam 160c. Eidelio Brewery Fisk Rubber. ., Ford Motor Can (A) (k11g), Ford Mot Can (B) (k11 36% Ford Motor Ltd Gen Alloys Gen Aviation. Gen Fireproof Gen Pub Sve pf. Gen Tire & Rub Glen Alden C 1% jodchaux Sug(B) 30ld Seal Elec jorham Inc (A) | Gorham Mmtg votext (133).... Great Atl & Pac Tea 1st pf (7)., 10s 12 Great Atl & Pac non-voting (7). 30s Greyhound (Del) Groc S Gult Ol of Pa ore pr vte. Tall Lamp ( fappiness Candy ., lartman Tobacco. iecla Min (40c) Heyden Ch (1 {ollinger G 11.30. iudson Bay M&S Humble Oil (1). iyerade Food Iygrade Syl (2).. 255 —_—— 11 Pwr&Lt $6 pt. . 100s mp Oil Ltd coupon (1500 .. nd Pipe L(t35¢). ntl Hydro Elec System cv pf. nt Mining (k1 ntl Mining war nt Petrolm ( 13 1674 4 100 14y 5 311, i 10% 312 Kingsbury Brew.. Kleinert Co 312) Lehigh C&N(50c). Lerner Stores. ... Libby McNeill&L.. Lone Star Gas. Long Island Lt. .. Long Island Lt pf (A) (T) Louisiana L&Ex. Lynch Corp (2). McCord Rad (B) langel Stores. ... o =T e Michigan Sugar... Perol'm vtc(A). 1id W Ut cv pf A, Mohawk Hudson Pwr 1st pf (7)., Bfl- folybdenum Cp. .. Tount Prod (60). 1 73 Nat Bella Hess. .. Nat Dairy pf A(T) 258106% 106% Nat Fuel Gas (1).. Nat Pw&Lt pf(6). 2008 50 Nat Service....... Natomis Co (60c). New Bradford 20e 1 New Mex&Ariz Ld 1 NJ Zinc (2)..... N Y Pw&Lt pf(7). N Niag Hudson Pwr. Niag Hud P A wa % Niagara Shares 23 1 14 2 8% 2 1'/. 5 25| 70 Y Steam.... 14% 4 Md pf (B) 2% 21y 4 1 1 21% Ohio Oil cu pf(6). 1000s 91 Ohio Power pf(6). 20s 86l 0il Stocks Ltd 40c 2 10 - 1 2% 1 18% 'acific Eastern ac G&Epf 1.37 ac Gas & Elec 1stpf (1%).. 2008 21% ac Light'g pf(6). 2565 72l3 508 22% Pacific Tin Corp spec (k2).. Pan-Am Alr(k50¢)100s 37 15% ] 44y 10% 64% 9% 1% 26 2 17 13% 3% 20 84% 12 11 1% i 3 23% 4 % 8% 10% 214 25‘: 8y 17s 15% 10% 4 9% ally 57 3% Koy 36 40'3 26% 24% 364 913 13 165 au 10 14 5% 3% i i0 313 53% 4% 613 613 4 73 215 14 50 % 8% 2 1% 52 70 14y 3% Y 214 21, 21% 89 863 10 2 18% 204 2% 22 37 151 # 44 108 643 " 1% THE EVENING STAR, WASHINGTO N. Y. CURB MARKET, Recelved by Private Wire Direet to The Evening Star. Stockand Sales— Dividend Rate, Add 00 High. Low. Close Pantepec Ofl...... 1% 1% 1% Parke Davis 11.30. 1000' 31% 381% 31% Parker Rust P t4.100s 56 56 Pennroad Corp.... Penn W& P (3)... Pepperell Mfg (6).100s 86% Phillip Morris, Plon'r GM Ltd 80c. 3 11% Pitney Bo P(20c). 4 4% Pitts Plate G 1.40.200s 53% Pratt & Lamb (1). 1 30 Premier Gold 12¢.. 9 1% Prod Royalty 2z¢ 14 L) Propper McCallum 4 1 Prudential Invest. 3 64 Pub Service Nor Il no par, .100s 14% 14% 14 36% ‘Puget Sound P & Lt $5 of. Pure Ofl pf. .. 108 14 . 408 36% 1% % 6% Raytheon Mfg.... Reiter-Foster Rellable Store: Reynolds Invest St Regis Paper. St Regis Paper pf. Salt Creek Consol.. Segal Lock & Hd.. Selected Indus. ... Sherwin Will(3)..82 A Sjpeger Mfg (112). 108 259 259 ZSQ 8mith (A 0).. 1008 27y 27 27% Sonotone Corp.... 2n 1% 2 S0 AMG&P (k30c South Penn O 1.20. Southn P L (30¢) . Southlana Royalty (20¢) a Spanish & Gen. Stand Ol Ky 1135 Stand Oil (Ohio).. Stand Silver & Ld. Starrett Corp. . Stutz Motor, Sunray Oil Sunshine M (64c) . Swift & Co (50¢).. Swift Intl (2)....y Swiss Oll (k10 —_— Taggart Corp'n. .. Tampa Elec(2.24). Tastyeast Inc(A). Technicolor, Ine.. Teck Hughes(40c) Tob Prod Ex(10c). Todd Shipyard 1.. Trans Air & Tran. Tung-Sol Lamp. .. Unit Carr F k55e. . Unit Corp'n war Unit Dry D (r). U S Finishing (r Unit Founders Unit Gas Corp'n Unit Gas Corp pf. Unit Lt&Pwr(A).. Unit Lt&Pwr pf Unit Shoe M (15). U S Elec Pwr ww.. U S Foil (B)(60c). U S & Int] Secur. . U S & Internat’l Secur 1st pf ww U S Rubber Reclm Unit Stores vtc. ... Utilities Pwr&Lt.. Utllity Equities. .- Utility Eq pf 3%..1258 50 1 s 2 5 1 Weco Alreraft. 3 Walker (H). 3 Westn Pwr pf(7).100s 7. Westvaco C pf(7). 50s Willlams (RC) (1) Wil-Low Cafe pf. Wright Har(t60e) Dividend rates in stock. in_ stock. k Paid m Accumu- | Pl rate reported ceivership or being_reorganized. fully licted on the Curb Excrange others s unlisted issues. x dive — Washington Exchange SALES. Capital Traction 55—s1.000 at 9 Potomac Electric 6% pfd.—1 at 110, 10 at 110. Washington Rwy. & Elec. pfd.—3 at 1002, 10 at 1005, 3 at 100!,. Riggs Bank com.—3 at 210, AFTER CALL. Potomac Electric 67 pfd.—5 at 110. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel. & Tel Amer. Tel & Tel, Anacostia & Pot 2R Citv & Suburban Georgetown Gas 1st as Wash. Gas 6s. series B Wash. Rwy. & Elec. 4s MISCELLANEOUS. Barber & Ross. Inc.. 6! Chevy Chase Club 3!as Col. Country Ciub 5!is. D. C. Paper Mfe. 6s. MKt Cold Storage 5. STOCKS. PLBLIC UTILITY Amer. Tel & Tel 1 Gapital Transit o W, Bieambodi Wash Gas L Ik} Elec lgnuer (i Wash. pfd... 5 Wash. Ry, & Eiec. pfd. (31, 100 NATIONAL BANK Capital 4)..... Liberty )., Lincoln (5). Riggs com. Riges pid. Washington Amer. Sec. & Tr. So. (%) National Savings & Trust Wash. Loan & Tr. (8). SAVINGS BANK Bank of Bethesda (3) Com. & Savings (4). American ( Corcoran T Firemen's (1 National Tnion (.60). 9 TITLE INSURANCE Columbia_(.30) Real Estate (6.00).. MISCELLANEOUS. Carpel Corp. (1). D. C. Paper Mfs. pfd...". Emer. Bromo-Seiz. "A™ Lanston Monotype (4) Mergenthaler Linotype Peoples Drug St. pfd. (6.50)* Real Est. M. & G. ptd Securlty Storage & Ter. Ref & Wn, Corp, 12‘\]) | Wdwd. & Loth com 1\'entory considerably. » 1933 STEEL TOTAL 10 BE EXCEEDED This Year’s Production Likely to Show Rise of More Than 10 Per Cent. By the Assoclated Press. NEW YORK, November 30.—Auto- mobile manufacturers have finally given a much-needed boost to the steel industry and indications are that aggregate production for the full year will exceed 1933 by more than 10 per cent. After operations receded to the ex- tremely low level of around 23 per cent cf capacity in September, add- ing the final touch to a disastrous third quarter during which production was -he lowest since the first part of 1933, a slow but steady increase in demand has pushed operations up to the 29 per cent level and a still higher rate is predicted during De- cember. While the improvement in its earlier | stages was actuated largely by replen- ishing depleted “producers’ " stocks, a better inquiry from miscellaneous con- 5 |Sumers and substantial orders from automobile manufacturers have pro- vided the impetus within the past few weeks. If there is no setback during December, production for the full vear is estimated at 25,000,000 tons, which will compare with 22, 600,000 in 1933, a gain of 10.6 per | cent, or moderately greater than the | expansion in general industrial ac- tivity. ‘While the automobile industry is expected to hold its position as chief contributor to steel during the early months of 1935, or until production of new models is completed, larger takings are also expected from the agricultural and industrial machinery trades, the oil industry, tin plate mak- ers, and the all-important "mxscel-i laneous” group. Indications are that the latter class of users has fully elim- | inated the excess stocks accumulated | last Spring, and reduced ordinary in- business activity would call for a substantial amount of steel buying by this group. One of the most serious drawbacks *|to any sustained improvement in steel Expansion of | D. C, FRIDAY, sutput that would permit of profitable operations by the leading companies is seen in the continued subnormal takings by the railroads and the build- ing industry. A survey by Standard Satistics Co. indicates that unless railroads get substantial Federal aid in 1935 the amount spent for rails during that year will be less than in 1934, and the demand from the building indus- try will be greatly influenced by such Government agencies as the P. W. A. and the F. H. A, which have sup- plied the funds for most of the build- ing so far. INVESTMENT TRUSTS NEW YORK. November 30 (P.—New York Becurity Dealers’ Association: (Noon quotations.) Bid. Admin Pund ww ‘Am Bankstocks Am Business 8hr. Bullock Pund cumulnnve_r'rr Sh rpo! Corporate Trust A'A’ Corp Tr A A mod . 88{:"’-5,"1\"““ gec:um 5 ccum Ser mo Depos Bk 8h N Y Depos Ins Shrs Diversified Tr C Dividend Shrs 15.54 106 H8 128 d Thyestors Ing Investors Inc . nd Shrs ‘A... Fund TY 8Shrs B.. Im:nrn Investors Inv Tr N ¥ Coll “A™! Mass Tnvest Tr... Mutual Tnvest 8hrs e North Am Bnnd Tr Ctts. . Nor Am Tr 8| . Sh 103 Quarterly Tne Shrs Selected Am Sh Selected Cumul Sh Selected Income Sh Spencer Trask Pund.. Stand Am Tr Shrs Stand S Super Super Super Super s L Trusteed mdun’ry Bnrs Trusteed N Y Bk Trusteed Am BE PRODUCE EXCHANGE NEW YORK. November 30 (P.—Pro- duce Exchange stock list (Closing quotations) | Sales in hundreds 5Altar_Con Mnse. ... | rubber A 4 Willys Overl .. Listed THAT George’s ARE FIRST FOR RADIO IN WASHINGTON First to introduce short- wave reception with a com- plete short-wave research department in order to guarantee 100% perfect results. First to operate and main- tain an exclusive auto radio station for the sales, instal lation and service of auto radios. First to lead the town in sales for a eonsecutxve length of time. First to maintain a service organization in gach store for the convenience of our customers. First to employ 16 factory- trained service enginegrs to keep your set opeérating perfectly. First to equip a complete service station with the most modern mstruments of the times. Wawd & Toth S0 &y *Ex. dividend. INSURANCE STOCKS NEW YORK. November 30 (#.—New York Security Dealers’ Association Bid. Fa 4313 Asked. Aetna Cas (2%) ., Aetna Fire (1.60) + Halifax (.90) Hanover (1.60) Hartford Fire (2) Home Fire S Home Ins (1 Lincoln Fire o 1.4 *Including extras. 1Declared or paid so far this year, —_——— Loft, Inc., deficit, nine months end- ed September 30, was $55,698 vs. net income §41,884 First to operate the most efficient radio delivery sys tem qulungten. : 2015 !4fh St. N. W. | exchange irregular NOVEMBER 30, 1934 xxx A—17 DIVIDENDS ANNOUNCED NEW YORK, November 30.—Dividends declared. Special. Pe- Stock of Pay- Rate, riod. record. sble Vulcan Detinning. 2-31 Increased. Commercial Credit Co 50c Q Todd Shipyards .....50¢ .o 12 Onllled. National Transit pt Extra. Loudon Packing ....1 Regular. ¢ Q 12-14 X aa . 12.14 1-2 1-2 Loudon Packing SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co.) Bid. Offer. Allis-Chatmers Co. 55 1937, O87s 99ia Asked | B A + Chi. Gas Lt. & Coke b8 18 Chi. Northwest. 6135 19. Colorado & So. 4125 19 e & Hudson 5s & Rio Gr. 4\,; Edlson EJ i, Genober Corp: n. Pub. Service 5% Great Northern Ry 75 1936 Illinois Ltn(rnl D("s l"h‘ . tl. Tel & Tel 4128 ‘ Rwy. C Warher Bres FOREIGN EXCHANGES. NEW YORK. November 30 (% —Foreign Great Britain in dol- others cents. © Great Britain, iars, in “Demands 40.20 Sweden 35 Ger Belgium, 32" Norway Holland peso) New 2.’ New York in Montreal, 97 n—Nom MONTREAL SILVER. MONTREAL, November 30 (@) — futures opened December 5.75b; July. RUBBER FUTURES. NEW YORK. Novembe futures n higher. ary_un V1 OBSOLETE POWER PLANTS STRESSED Engineers Claim Fuel Costs Can Be Slashed $750,- 000,000 a Year. Special Dispatch to The Star. NEW YORK, November 30.—Fac- tory fuel costs, through the use of new and efficient power equipment, | can be cut $750,000,000 a year. Power waste in the average factory today | runs from 20 to 50 per cent. These are the sort of arguments the proponents of industrial moderniza- tion are using today to get manufac- turers to look over their factories, many of which have not been im- proved, in any major degree, in the last five years. Their arguments come at a time | when several leading industrial Na- tions are threatening further to de- | preciate their currencies, hoping | through devaluation to obtain more foreign trade at the expense of the United States or Great Britain. Mechanical engineers, arriving here for their annual convention and the power show, say that, with banking assistance, many manufacturers within the next few months will get rid of obsolete power equipment or modernize it. How much power is the modern plant losing through inefficient dis- lrlbulmn“ Some engineers s: 15 to ‘Hls Best Friend Told Him It was his wife and she told him the truth. But she didn’t say he had “‘bad breath.” Instead, she said “My dear, you need E-Z Tablets.” A hint to the wise was sufficient. Don’t wait for some- one to tell you. If you feel slug- gish, headachy, dizzy, or bilious, due to constipation, you may be quite sure your breath is telling others. Get a package of E-Z Tablets today. At all good drug stores, only 25¢. _advertisement. EXCLUSIVE WITH A popular-priced RCA Victor, for long and short wave reception. Dynamic Speaker, Dial, Tone Control. 59* Complete PHONE DISTRICT RCA VICTOR AND ON DISPLAY AT ALL GEORGE’S RADIO STORES Now | 40 per cent. Their assertions are based on the fact that heat and power distribution through under- ground lines, housed in makeshift or wornout conduits, offers little, if any, protection and insulation. The money that might have been saved through a modern power plant is lost in the distribution system. t. 1934) LARGER DISTRIBUTION OF SUGAR DISCLOSED By the Associated Press. NEW YORK, November 30 —Sugar distribution in the United States for October amounted to 458,666 long tons. Raw sugar value, report B. W. Dyer & Co., sugar brekers, in Octo- ber, 1933, distribution was 404,671 tons. For the 10 months ended Octo- ber 31 indicated consumption was 4,760,491 tons, against 4,885,378 tons during the like 1933 period. OLNEY INN INCORPORATED. BALTIMORE, November 30 (Spe- cial) —Emile Bonnot, John J. Babe and Johanna A. Lauridsen, all of New York City, have incorporated Olney Inn, Inc, Olney, Md, to operate a chain of restaurants. The capital stock consists of 500 shares common stock, no par value 2-WAY RADIATOR PROTECTION 1—Against freesing 2—Against rusting in sealed, tamper-proof cans as well as in bulk Jor only aUpn ZERONE Anti-Rust ANTI-FREEZE Open—George’s New Store at 1111 H St. N.E. .Airplane l 816 F St. N. W. 1111 H St N. E. 1900 This Year’s Radio Sensation! ““Magic Brain” Brings higher fi- delity Tone, Guaranteed European Reception A real buy police, Large electro-dynamic speaker. Con- tinuously variable tone control, auto- matic volume control, with new secondary accuracy pointer. $89.95 . foreign, domestic, aviation, amateur bands. airplane dial Beautiful cabinet. Complete You can de- pend on George’s for a larger al- lowance on your old set.