Evening Star Newspaper, November 30, 1934, Page 18

FINANCIAL, THE EVENING FINANCIAL. 'STAR, WASHINGTON, D. €, FRIDAY, NOVEMBER 30, 1934 A-]8 #*% CLEARINGS BELOW OCTOBER IND.C. Previous ~= 1934 -— Stocks and High. Low. Dividend Rate. 12% 5% Curtiss Wright (A) 21% 11 Cutler Hammer.... Previous 2:30 p.m. = 1934 -~ Stocks and Sales— High. Low. Dividend Rate. Add 00. 8 36% 11% Southern Railway.. 2:30 p.m. Sales— Net Add 00. High. Low. Close. Chge. 3 bl bW b+ W 80 80 80 -—14 Previous ~ 1934 -~ Stocks and High. Low. Dividend Rate. 8% 414 Maytag Co -.| AFTERHESITANCY High. Low. Close. Chge. 17 16% 1b%a 20% — Sales— Net Add 00. High, 30 v —= 1954 -~ Stocks and Sales— Net Low. Dividend Rate. _Add 00. High. Low. Close. Chge. traus pf(7) z0s -1 Previous 2:30 p. l 2:30 p.m. l High. 111 Abram 110 R 17% $63,329,938 November Mark and $54,720,559 Year Ago Compared. BY EDWARD C. STONE. Bank clearings in Washington in No- vember totaled $63.329.928.61, against $54.720,559.76 in November, 1933, ac- cording to the monthly report of Charles E. Bright, manager of the ashington Clearing House Associa- tion, made this noon. The year’s clearings to date are still well ahead of the 1933 figures, the 11 months total this year being . in comparison with $561,177,511.30 in the same period a year ago. November clearings were not up to the record of the previous month this year, the October total being $69.- 484,711.24. Part of the falling off is due to the Thanksgiving holiday, cut- ting off one business day. Fewer checks are also. being put through | the clearing house because of the new | measured service charges, which went into effect in the local banks for the first time during the present month. How much difference the new serv- ice charges are making in the number of checks being drawn is not known The most important feature of the clearings comparisons is the fact that business this vear in November was ahead of November, 1933 Clearings reported by the Washing- ton Clearing House ociation for the first 11 months of 193¢ compare | as follows with the corresponding months in 1933: Janua Februar: March August September October November Branch Bank Opens Doors. ‘The new H Street Branch of the Bank of Comme s opened North Capitol streets. New accounts were opened in every | department of the ba including ! checking, savings. Christmas savings | club, as well the rental of many safe deposit boxes. The branch office offers the same complete banking service as the main office at Seventh and E streets President M. D. other officials were present at the opening to greet new customers. Thomas J. Groom was one of the most active officials. As vice president and cashier he has worked arly hard in preparation for opening the office. The new bank is located in the building occupied for several years by the old North Capitol Savings Bank. It is near the Government Printing Office and not far from the City Post Office, being m*rom.md by a busy Rosenberg and renovated banking y decorated to- Several directors were present, in addition to the officers, and all re- ceived hearty congratulations on the atractive new branch. Will R. Swet- ram is manager of the office and is being assisted at present bx Francis E. Robey, an assistant cashier who has been with the bank several years Members of the branch's new Ad- wisory Board include A. E. Giegengack, new United States public printer. and City Postmaster William M. Mooney. The new bank will be open for inspes tion until 8:30 this evening after which regular banking hours will be adopted. Potomac Power Net Lower. The October report of the Potomac Electric Power Co.. filed today with the Public Utilities Commission, showed operating rev s of $1,0: 5lm 43, against $916.2 1 in October, a gain of $123.250.92. Revenue deductions took $639.927.69, compared with $510.654.86 a vear ago, an in- crease in operating expenses of $129,; 272.83. Net operating revenues amounted to $399.578.74, againsi $405.600.65 a vear ago, off $6,021.91. After the usual deductions from gross. the power company reported a net income of £320,198.22, as compared with $341,- 053.02 in the like period last year, a drop of $20,854.80. For the first 10 months of 1934 Potomac Electric Power reported a net income of $3,255.749.14, in com- parison with $3.650.186.27 last year, & decrease of $400,437.13. Today’s Trading on Exchange. Riggs National Bank common stock egain sold at 210 per share on the Washington Stock Exchange today. Potomac Electric Power 6 per cent preferred came out at 110, unchanged from the last sale. Washington Railway & Electric yreferred figured in three small sales, ell made at 100’2, also unchanged. Capital Transit, which jumped into the limelight following the dividend declaration, was quiet today. It closed 27 bid and 28 asked Mergerthaler Linotype, which got up to 35 before the holiday, closed today with 33 bid and 34% asked. No Eales. C. & P. Phone Net Improves. Balance before dividends of the Chesapeake & Potomac Telephone Co in_October totaled $170.402, against $158577 in October. 1933, according to the monthly statement filed tod with the Public Utilities Commission. Net income for the first 10 months of 1934 amounted to $1.565.177, against a balance before dividends in the same period in 1933 of $1,449,347, showing a substantial gain. Washington was served by 186.432 telephones on October 31, as com- pared with 175,603 on the same date Jast year. There was a net increase of 1,900 telephones during October, 1934, as compared with 1,876 during the same month last year. Telephone calls during October of this year were increased 1,645,000 over the same month last year, there hav- ing been 20,638.000 calls in October. Lewis to Address Bond Club. Sir Willmott Lewis, Washington correspondent of the London Times, will address the first luncheon of the year of the Washington Bond Club, according to announcement made to- day by James P. Nolan, president of the club. The opening luncheon will be held next Tuesday, December 4. at the Carlton Hotel, beginning at 12:30. A large attendance of members and guests is expected. NEW YORK PRODUCE. NEW YORK. November 30 (.—Eggs, 11.840: irregular. Mixed colors. refrigera- tor. firsts, 22:a%; other mixed colors un- hanged. Live Chickens. v to weak ive poultry - 2 L Xu 20 freieht. lval freicht’, unauoted Freenc.s MR “express o5t TCIRL and express. 11: turkey: and express. 18azo: ducks, freizht, 13als; | express unguoted 9.561: steady. Creamery. extia 1. ‘other grades unchansed, Prices unchanged. stead 4 express express Adams Expry 6 T Affiliated Prod(60c) Air Reduct'n 74 Corp pf xw i Chem (6). “halmer 4 Am Bank \UU‘ . Am Bank Nte pf (J Cake Shos Ble. hopf (7) T r & Foundry Am Chain pf Am Chicle ( . Am Comcl \lrmhul “rystal Sug pf. \nn\ I v For Pw Am Home Prod Am Ice Co. . Am lee pf (6). Am Internationa Am La Fran pf (k).. 2 Am Locomotive Am Locomotive pf.. Am Mch & Fdy (.. Am Mach & Metals. m Mach & Met ctf. Am Metals e Am Pow Light Am P&L §5 pf (1) Am P&L $6 pf (112) Am Radiator....... Am Rolling Mills Am Safety Razor(4) Am sn urrm undry Am Woolen Am Wool pf ( Am Writ Paper Am Zine & Lead Zine & Lead pt. 1da Copper. : ap pis Archer-Dan (711 nour Del pf (7 : v of Tlinois Armour 111 pr pf (6) 0&S F pi (3)e ntic Coast Line Gulf & W Ind. ‘\tlas Powder pt (6) \uto. taldwin Loco more & OF 10% Beatr 58 Beech-Nut I’ 74 Bel Hem (1 9% Bendix Aviation.. 12% Beneficial Loan 1 26 Best& Co(112). 24% Bethlehem Steel. 547 Beth St pf (31%). 19% Biz (h1). 6 Blaw Knox 28 Blumenthal p 8 Bloominzdale pf 6% Boeinz Aeropla 4413 Bohn A 76 Bon Ami (A) (F rden Co (1 3 16 Budd (EG) M 4 Burns Bros pf - 104 Burr Add M (n785c) Bldg pf ct Y te Copper & Zine 138, Byers (A M). ¢ Californ Pkg(1':) 14 Callahan Zinc. . . 2% Calumet & Hecla. .. 6 Campbell-Wyant . 1216 C da Dry G A (1) 107 Canadian Pacifi 2819 Cannon Mills 85 Case (J1)Co.. 567 Case (J 1) pf (4)... 23 Caterpillar Tr i1': 174 Celanese Corp. 1% Celotex Co (k). 1 Celotex vte (k) 615 Celotex Co pf (K) Cent Aguire (11 RRo - ry Rib Mill 39% Ches & Ohio ( 84 Ches-Corp ( \i Great Western.. 14% Chi Pnen T . 2 Chi R1& Pac (k) 19% Chickas! 291 Chrysler Corp 11% 174 City Tee & Fuel (2). City Tee & F pf 612. 6815 Col Collins & Atkman. . Colo Fuel & Tron (k) Jlo Fuel & Ir pf (k) Cole & Sou Col Gas & .. Col G & pfA(6). 211 Colum Pic vtc(m1).. 58 Colum Carbon(3.40) 18% Comel Credit (1) 2315 911 Comel C 15t pf(612) 35% Comcl Inv Tr(i2 15% Comcl Solv (60c) .1 Comwlth & South. 213% Comwlth & S pf (6). 22 Congoleum-. 514 Consol C 10% Consol Film pf (3 21% Consol Gas N Y (2). 80 Consol Gas pf (3). 7% Consol Oil (h42c)... 214 Consol R R Cuba pf. 14 Consol Textile. 6% Container Corp (2 2% Container Corp (B). 5% Contl Banking(A).. 7 Contl Baking (B)... 56% Contl Can (2.40). 6 Contl Diamond Fib. 23% Contl Insur (1.20).. % Contl Motors......: 15% Contl O Del (h30c)., 55% Corn Prod Ref (3). 3% Coty Inc. 28 Cream of Wheat(2). 8 Crosley Radio...... 18% Crown Cork & S (1). 3515 Crown C&S pf (2.70) 3% Crown-Zellerback. . 17 Crucible Steel. 44 Crucible Steel pf 1 Cuba C . 315 Cuban-. 13% Curtis- 43% Curtis Pub pf (j41) 2% Curtiss Wright.eees £0; 40s U4+ Fel++ Fe o FEFFS FEFFE P 344 181 8% 33% 84 127 115 12% 116'% 147 120 22% 19% 31% 110 T4 9% 19% 2 52 1% 63 24% 10% 247, 23 14% 1163 g 31 Bl 145 150 B1% 125 101 10% 28%, 6in 014 3% 49% an 121 378, 467 128 9t 6 29% 33 2%, 2!‘7« 8415 17% 16% 80 57 66% ki 181 371y 21 21 19‘/: 101 1281 Helme (G Winf( 11 1545 181 110 10% Deere & Co. 10% Deere & Co pf ( 35 Delaware & Hudson. 14 Del Lack & West. 63% Detroit Edison )., 29 Devoe & R (A) (12 21 Diamond Match (1 82 Dome Mines (131 13 Dominion Strs( 144 Douglas 80 Dupont d i Du Pont deb (6) . astern Roll Mills. , astman Kodak (4) astman Kod pf(6). 4% 79 tington-Schild. .. ectric Auto Lite. . 6% Elec Pwr Elec Stor nn d Motor Trmk e d Serew Works A PhEFIn (1.20),, Filene’s pr (615, .. restone (10¢) stone pf A« 6) rst Nat Strs(2 M1 bee Bros (k) 'ood Machinery . [ roster-Wheeler n Am Iny en Am Inj Gen Am Trans (1). Gen Asphalt (hbse) . blA 1y 4 4 23 28 n 12% nd Union pf (WT) (1) Northern 102 % Guantanamo Sugar. 27 Hack WprA (13).. 31 Hahn Dept Stores. .. 26% Hahn Dpt Stores pt. 314 Hall W F Printi 38 Hamilton Watch Hamilton Watch Hanna (M A) pf (7) Harb Walker (h30c) 2 Hat Corp (A) = Hat r.,u. bt e (G W) Hercules Pw ( Hercules P pf Hershey (* pf Holland Houd-Hers Houdaille-Hers House Fin pt Houston Oil... + Houston Oil (niew ) Howe Sound (3) Hudson Manhattan, Hudson Motor Car 1% Hupp Motors. . 83 e ll 13% 1llinois Central 19% Indus Rayon (1.68) 4915 Ingersoli-Rand (i4), 341 Inland Stecl (h30c). 214 Insur-sh et Md(10¢) 5 Interboro RpTr (k). 4 Interlake m. 2 Int Agriculture Int Bus Mach (p6) 4% Int-Carriers L 18% Int Cement (h 23% Int Harvester (60c | Int Harvester pf(7) 28 Int Hydro Elee (A). 4 Int Merch Marine 21 Int Nick Can (60c) 1% Int Paper & Pw (B), % Int Paper & Pw (C). 81 Int Paper & Pw pf.. 2 Int Rys of Cent Am 59 Int Silver pf (). T34 Int Tel & Tel 3% Interstate Dept Strs 21% Int Dept $ pf (57).. 33 39 Jewel Tea Johns-Manville 120 101 Johns: 45 Jones&Laugh 13% Kayser(J)&Co hioc, 20 Keith-Albee-Orp pf. pring Tire. .. 22% Lambert Co (3).. 7 Lee Rub&Tire(40c), 2% Lehigh Valley Coal. 5 Lehigh Val Coal pf. 91 Lehigh Valley R R.y 64% Lehman Corp (2.40) 22% Lib O-Ford G1(1.20) 17% Life Saver (1.60) T4 Lige & Myers B(13), 15% Lima Locomotive. .y 11% Link Belt (40c) 16% Liquid Carb (113) 20% Loew 72 Loew's Inc pf (612). 33Y% Loose-Wiles (2 1281 119% Loose-Wiles pf ( 15% Lorillard P (72. 120 102 Lorillard (P) pf 3% 1 Louisiana Oil 13 Louis 8% Ludlum Steel 30 MacAnd & F ( 24 MeccCall Corp (2). 1% M ory SlrsA(k). 1% ) 3815 Mclntyre Porcu (2), 79 McKeesport T P (4) 4% McKesson & Rob. .. 11% McKesson & Rob pf. 1 McLellan Stores (k) 9% McLellan Strs pf(k) 22 Mack Truck (1).... 354 Macy (R H)& Co(2) 2% Madison Sq Garden. 15% Magma Cop (hl 114 Mallison & Co.. 1% Manati Sugar pf (k) 10% Man Elevm g (k). e 10% Manhat Shirt (60c)« 4% Marancha Corp..... 5% Marine Midld (40c)a 4% Market St Ry pr pf. 4 Martin Parry 8% Marshall Field. 23 Mathieson Alk(1%), 30 _ May Dept Str (1.60) Sk ownw o [ P T P Y PR SRS o 1% 23% 18 41 19 1 52 24% 8T% 13% +13 + U + -% -% t++4+0 0001+ 49 Maytag Ist pf (6) 26 Melville shue @) Mengel f‘n ]11 161 Mesta Machine 8 Miami Copper 9% Mid-Cont Pet (h. idland Steel Prod. Stl P 1st pf (4). 16% Minn Moline Pow pt 36 Minn-Hon Reg (13), Minn & St L (k) 0 Kan & Texas 13». Mo Kan & Texas pf. 2 Mo Pacific (k) 3 Mo Pacific pf (k 1216 Mohawk C M (h 39 Monsanto C (11%) 20 Montzomery Ward 1% Mother Lode. 15% Motor Products 6% Motor Wheel . 5% Mullins Mfg 3% Murray Corp. sh Motors (1). Nash Chat & St L. 60s 108 2 1008 Nat Dp St 1st pf(k). Lead pf (B)(6). at Pwr & Lt (80c). at Ry Mex 1st pf., at Stecl (1). Nat Tea (60¢).....o Newberry (1J)(1). Newport Industries, Y Air Brake ew York Centra Y C& St Lpf Y Investors (k).. ¥ N H & Hartford N YN H&Hpf 415 N Y Ontario & West hiphldz (3 Y Steam pf (6) > stpf (4). 2 nrlh Am \\lanun. 3% Otis Steel 9 Otis Steel pr Outlet Co ( acific acific L .\I.H~ (hi Pennick Penny J C ( Penn Dixie Cement., Penn RR (h1) Peoples « Pheips Dod Phila Co $6 pf (3) .. Phila & Read C & 1 Philip Morris (1) Phillips Petrol x H pf 5 Arrow (K).. Pierce Oil s Pillsbury Flour1 60, Pirelli Co(A) (hils) Pitts FW& Pitts Term Coal pf. Pitts United Postal Tel & ( Pressed Stl Car (K)o 4 Proc & Gamb 11.70., Pub Serv N J Pub Serv N J pf (6). 4 Pullman Inc (3). publ public Steel § s Reynolds Metalsi1) feway Stores (3)s Joseph L (hd0e).. hulte Re Scott Paper (v % Seaboard Air L (k). 20" Seab’d Oil(Del) (1) Sears Roebuck. . Sec Nat Inv pf (32 rvel Inc Sharon Steel Hoop. hell Union Oil. . Iver King C M 40¢ mmons Co. . mms Pet (h elly Oil. . . nider 41% 361 3T% + % 8 5 5 + W 31 31 41 20%4 21 34 3% 1% 1% 12 12% 628 63 314 28% 60 * 6% 7 1 29 60 3814 5 13 o i 3n i i 32% 50 15% 6615 10% 13% % 47 3 15% 2% 15% 6% 313, 11% 363 [N 79 8 294 127 121% Stand Brands pf ( 14 Southern Rwy pf... 2% Sparks-Withington, 15% Spencer Kellog 1.60. 5% SPerry Corp....... 21% Spicer Mfg pf (3).. 19 Spiegel-May-Stern, 17% Stand Brands (1) ... and Com Tobacco. 5 Stand Gas & Elec. & Elec pf. Epf(2.10), 1d Invest Corp. . and Oil of Cal (1). 96% Stand Oil Exp pf(5) 23% Stand Oil of Ind (1) 39% Stand Oil N J(11%) 6 Starrett (L S) 47% Sterling Prod (3.60) 414 Stewart-Warner. . .y 4% Stone & Webster. 1% Studebaker (k) . 10 Studebaker pf (K).s 1% Superior Oil. .o 4% Superior Steel f % Symington s e (SRR S-2- TP CRpeIey 71 Telautograph (1)... 3 Tennessee Corp . 198 Texas Corp (1)..... 30 Tex Gulf Sulph (2). 24 Tex Pac Coal & Oil. 6% Tex Pac Land Trust 8 Thatch Mfg (h2ic). 2% Thermoid Co 10 Thompson Products 1% Thompson Starrett. 8 Tide Water Asso 6413 Tide W A pf (38 80 Tide Wat Oil pf 3% Timken-Detroit 24 Timken R B (11 5% Transamerica h? 3% Tri-Contl Corp 33 Trico Prod « o SEralsassanenmt-Bona wnrn 3% Truscon Stecl. . Twin City R & 8 Sea ‘n Bag & Paper (1) “n Carbide & C 1.40, “n Oil of Calif (1).. “nion Pacific (6)... nion Pacific pf (4). “n Tank Cz 2 “nited Air “nited Air Lines&T “nit Biscuit(1.60)., “nited Carb (2.40). nited Corp pf (3).. nited Drug a Elec Coal. Fruit (3). s Imp (1.20) nit Gas Imp pf (3) *S Distributing. . . *S Distributing pf. ©S & For'n Secur TS Freight (1) TS Gypsum (111 'S Gypsum pf Hoffman Indus Al Leather. Leather (A)... ipe & F (30¢) . calty & Impr. . Rubber. . ubber 1st pf melt & R (h V& R pf (3 mn-d States Steel. Steel pf Tobaceo United Stores (A) .. 4 Univ Leaf Tob ( 16% Unv Pictures 1st pf 18 Ctil Pwr& Lt (A).. shol. . 14 Vanadium Corp. 43 Van Raalte. . 24 Vick Ch 0). Va-Car Chemical 52 Vulcan Detin (h3) .. —_— 4 Waldorf System. .. 1714 Walgreen Co (m1) 8415 Walgreen pt (6'2) 24 Walworth Co. . 24 Ward Baking pf (2) 2% Warner Bros Pic. ., 1 Warner-Quinlan. 5t Warren Bros. ...... 13! Warren F & P (h1). 15% Wesson O & S (71). 5213 Wesson O & 5 pfi4) 45 West Pa Elec pf (6) 51% West Pa Elec pf (7) 8% West PennPw pf(6) 2 Western Dairy pr s %» Western Pacific.... i ific pf. \\(~l(!ll Union & oo 00 1 0 O 2o bt 29 \\l’"nh Ele 1474 Westy un( “hl H‘ ) 11y W 34 g 15 White Mot 4 Wilcox Oil & 27 Wilcox Rich A 4% Wilson & Co 12% Wilson & Co (A). 53 Wilson & Co pf (7). 41% Woolworth (2.40). . 1313 Worthington Pump. 31'3 Worth Pump pf A 5% Worth Pump pt B 4 Wright Aero % 543 Wrigley (W jr)idiy. 5% 31% — 9% 4% 70% 19% 125% 3% 6% 6% 19 1% 31% 4 113% 25 42% 14% w Late Buying in Steel and 3 + -;. % -1% T+ 01 ++ FEFSLEF 5 ) I+ +l+ ++1 SEa P4 44113 SE R SFRSY (EAEARA & 4104 14 593 A 34 11:00 AM. Div cash declarations. 8 Plus 47 in e Payable in cash or stock. % | dividends paid this vear 4 | or being reorsanized. 18' 1815 — % | stock p Plus - 3% Zonite Products 4 Sales of Stocks on the New York Exch.mge. ++ 210,000 -~ stock. Yale & Towne (60¢) 2% Yellow Truck. .. 22% 13 Young Sp&W (i1 “ ) 33% 12% Youngstown S& Y'gst'n S&T pfA. 4 aan +2y 4+ % 12:00 Noon. 2:00 P.M. - 320,000 430,000 - 510,000 dend rates as given in the ahove table are the annual payments based on the latest quarterly or half-yearly | f trading less than 100 shares. f Partly extra. t Plus a Paid last year—no reguiar rate. b Payable i J Accumulated f PlusS1 in special preferred k Companies reported in receivership mPlus 5 in stock. nPlus 3% in X Ex dividend. stock. h Paid this vear. Freight Loadings Drop 23,212 Cars Below Week Ago ‘ | 3.650, a decrease of 402 from the pre- By the Associated Press. The Association of American Rail- roads announced today that loadings | of revenue freight for the week ended November 24 totaled 561,313 cars, & | decrease of 23,212 cars from the pre- ceding week and 24,425 cars below the corresponding week in 1933, but an increase of 67,995 cars above the cor- | responding week in 1932. Miscellaneous freight loadings for the week ended November 24 totaled 206,809 cars, a decrease of 12,381 be- low the preceding week and 751 below the corresponding week in 1933. It was, however, an increase of 40483 i;;sz above the corresponding week in Loading of merchandise less than car lot freight totaled 159,635 cars, an increase of 2,154 over the preced- ing week, but a decrease of 5,467 cars from the corresponding week in 1933. It was, however, an increase of 12.- 83;: cars above the same week in 1932. Coal loading amounted to 19.165 cars, a reduction of 6,231 cars below the preceding week and 9,902 cars from the corresponding week in 1933, but an increase of 4,118 in the same week in 1932. Grain and grain products loadings totaled 27,938 cars, a decrease of 96 | cars below the preceding week, and 4202 cars below the corresponding week in 1932, but an increase of 1,275 cars above the same week in 1932. In the Western districts alone load- ings totaled 17,753 cars, a decrease of 3,758 below 1933. Live stock loadings totaled 19,152 cars, a decrease of 4,101 from the pre- ceding week, but 1,545 above the same week last year and 2,050 above 1932, In the Western district loadings were | 14,488 cars, an increase of 759 above last year. Forest products totaled 20,108, a de- crease of 1503 from the preceding week and 2,040 below 1933, but an in- crease of 5,351 for 1932. Ore totaled | ceding week and 879 below 1933, but an increase of 1923 for the corre- | sponding week in 1932. Coke loaded totaled 4.856 cars, a decrease of 652 from the preceding week, 1,729 below 1933 and 89 below | 1932. The Pocohantos Southern and Northwestern districts reported in- creases during the week, but other districts reported decreases. Total loadings for 1934 through No- vember 24 were 28,193,515 cars, com- pared with 26,632,816 in 1933 and 25, 696,670 in 1932. BITUMINOUS OUTPUT " SMALLER FOR WEEK The National Coal Association, from incomplete car loading reports from the railroads, estimates bituminous coal production in the United States for the week ended November 24 as approximately 7,100,000 net tons. Pro- duction for the corresponding week: 1933, 7,320,000 tons; 1932, 6,611,000 tons. The report of the Bureau of Mines shows production of 7,405,000 tons for the week ended November 10 and 7,265,000 for the week ended Novem- ber 17, 1934. Production calendar year to No- vember 24: 1934, *320,493,000 tons; 1933, 294,092,000 tons. *Subject to revision. National Power & Light Co.—Kilo- watt system input of subsidiaries for week November 22 mcmsed | following 28.8 per m over like 1933 period; in the preceding week gain was 26.9 per cent. CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS, NEW YORK, November 30.—The summary of corporation news is prepared by Standard Sta- tistics Co., Inc, New York: Bush Terminal Buildings Co., pre- ferred share earnings before Federal taxes, 10 months ended October 31, were 23 cents vs. 58 cents. ‘Thompson-Starrett Co., Inc., deficit, six months ended October 25, was $101,911 vs. deficit $100,653 in six months ended October 26, 1933, American Safety Razor Corp., com- mon share earnings, nine months ended September 30, were $3.81 vs. $2.69. Ritter Dental Manufacturing Co. deficit, nine months ended Septem- ber 30, was $132,487 vs. deficit $40,023. Gulf Oil Corp.—Subsidiary, Gulf Refining Co.. raised price of gasoline 12 cent a gallon at Savannah and at Jacksonville, Chicago, Indianapolis & Louisville Railway, October net railway operat- ing income was $13,429 vs. net rail- way operating income of $33,163; i 10 months net railway operating defi- cit was $330,825 vs. net railway oper- ating income of $66,350. Missouri Pacific Railroad, October net railway operating income was $544,097 vs. $801,945; in 10 months net railway operating income was $5,915,536 vs. $6,383,074. Nashville, Chattancoga & St. Louis Railway, net railway operat- ing income was $65,079 vs, $35,223; in 10 months net railway operating in- come was $890,065 vs, $014,734, 1 Motor Shares Helps Prices. BY VICTOR EUBANK, Associated Press Pinancial Writer. NEW YORK, November 30.—Late buying in steel and motor shares helped improve stock prices today following early irregularity. Utilities reduced forenoon losses of fractions to around a point. United States Steel, Chrysler, Lorillard and General Motors showed moderate gains in the last hour. Consolidated Gas and American Telephone were a little lower. Transfers approximated 800, 000 shares. Shares of Lorillard advanced a point and Reynolds Tobacco B was up fractionally, both to new 1933 highs Radio preferred also firmed nearly a point to a new year's top. General American Transportation and Na- tional Distillers improved. Among losers of about a point were Interna- tional Business Machine, Eastman Kodak, Johns-Manville, Consolidatec * Gas and Public Service of New Jer- sey. Such issues as United States Steel, American Telephone, North American, Montgomery Ward, Sear: Roebuck, American Can, Santa Fe New York Central, United States Smelting, and du Pont were aboul unchanged to slightly lower. Firmness of a few of the tobaccc shares reflected not only the unex- pected extra dividend voted by Loril lard, but also the much higher ciga- Tette consumption and the general be. lief that most of the companies wil show excellent earnings for the year The dividend picture was furthe brightened by announcement that the Commercial Credit Co. directors hac increased the common dividend from $1 to $2 per annum. The Genera American Transportation Corp. alsc raised its dividend from 50 to 87!; cents. While the utilities still were rathes friendless, most brokerage commen- | tators were inclined to maintain 1 bullish attitude toward selected indus- trials, and commission houses witk | foreign connections reported there hac | recently been some quiet buying from ! abroad in the better rails. Europear participation in American equities however, was more or less of the diffi- dent sort. — COTTONSEED HIGHER. NEW YORK. November 30 (&) — The sale of a New York Cotton Ex- change seat was announced today at $16,500. an increase of $500 over the previous sale. RAILROAD MGS. NEW YORK. November 0 (7 gperating income " for Kansas City South Guif, Mobile & No: TOBACCO FUTURES. NEW YORK. November 30 (P.—To bacco futures opened aquiet Previous January y 55.601 n—Nominal Applications invited for Leans Aunmenh. business and mldtlflll properties. Tyler & Rutherford, Inc. Mortgage Loan Correspondents Mutual Benefit Lite Insurance Co. 1520 K St. NW. Na. 0475 | Combining the offering of Invest- ment Bonds and other Securities with the offering of Annuities, Endowments and other Investment Contracts. Thomas L. Hume, Jr. 1426 G St. N.W. Nat. 0015 No Renewals No Commissions 12 Years to Repay $10.00 Per Month Per $1 COLUMBIA ([ .. BUILDING ASSOCIATION 733 12th St. N W. The Most SUCCESSFUL SAVINGS PLAN Ever Devised Save and Succeed! Through the Building and’ Loan Plan of Saving! AVE you noticed that other means of investing are frequently ®e- scribed as “good as the Building and Loan.” No honest, conservative counsel would ever promise a “better” plan . That should cause you to tiin @ Why not join us in the Successful Savings Plan with which others are compared . . . It's good sense! We Pay 5% —Compounded Semi-Annually from the date of payment to the date of withdrawal ® You can open a Savings Account IN ANY AMOUNT . . . and you'll always find, at “The Fidelity.” a friendly spirit of helpfulness and co- operation. The Fidelity Building & Loan Association MAIN OFFICE, 610 13th ST. N.W. O \